13F 申報指南13F 觀念全攻略
什麼是 SEC Form 13F 申報？美股機構大戶持股全攻略
完整解讀 Form 13F 申報規範、1 億美元門檻與 45 天延遲申報機制，學會如何追蹤頂級對沖基金與機構法人持倉動向。
AlphaSMO 權威研究指南閱讀專題
CIK: 0000750641
申報總市值
US$49.1億
US$49.1億
777 檔
18.3%
Q3 2025 季度申報顯示，Bailard, Inc. 揭露的美股組合總市值為 US$49.1億，涵蓋 777 個不同之權益投資部位。
觀察 Q3 2025 的申報異動，Bailard, Inc. 採取了強勁的買進策略，建倉與加碼動作（合計 117 筆）涵蓋多個核心板塊，展現機構對特定產業前景之樂觀態度。
檢視投資組合結構，前 5 大主力部位（包含 MSFT, AAPL, NVDA）占據了總市值的 18.3%，展現出該機構在 Q3 2025 的重點資金聚焦與風險分佈特徵。
僅顯示前 200 大持股（共 777 檔）
| # | 代號 | 標的名稱 | 資產子類別 | 佔比 | 佔比變動 | 持倉量變化 | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | MSFT | Microsoft CORP | 股票-科技 | 4.85% | -0.38% | -1.07% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 4.69% | +0.08% | -3.78% | |
| 3 | NVDA | Nvidia CORP | 股票-科技 | 4.04% | -0.04% | +1.46% | |
| 4 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 2.97% | +0.10% | -0.78% | |
| 5 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 2.96% | +1.65% | +157.44% | |
| 6 | EFA | Ishares Msci Eafe ETF | ETF-其他 | 2.90% | -0.14% | +2.98% | |
| 7 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 2.48% | +0.33% | -1.64% | |
| 8 | GLD | Spdr Gold Shares | ETF-避險與商品 | 2.44% | -2.12% | -0.57% | |
| 9 | VGT | Vanguard Info Tech ETF | ETF-科技型 | 1.84% | +0.40% | -2.02% | |
| 10 | CMF | Ishares California Muni Bond | ETF-其他 | 1.78% | -0.19% | +6.69% | |
| 11 | GILD | Gilead Sciences Inc | 股票-醫療保健 | 1.61% | -0.45% | +0.44% | |
| 12 | IBTG | Ishares Ibonds Dec 2026 Term | ETF-其他 | 1.54% | -0.78% | +2375.15% | |
| 13 | IEFA | Ishares Core Msci Eafe ETF | ETF-其他 | 1.51% | -0.10% | -3.25% | |
| 14 | VTI | Vanguard Total Stock Mkt ETF | ETF-其他 | 1.47% | — | +1.58% | |
| 15 | JMTG | Mortgage-backed Securities | ETF-其他 | 1.44% | -0.15% | — | |
| 16 | VOO | Vanguard S&p 500 ETF | ETF-大型股與成長 | 1.34% | +0.02% | +2.07% | |
| 17 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.31% | -0.11% | +0.17% | |
| 18 | AMZN | Amazon.com Inc | 股票-循環性消費 | 1.30% | +0.02% | +2.79% | |
| 19 | V | Visa Inc-class A Shares | 股票-金融 | 1.20% | — | -0.20% | |
| 20 | VBR | Vanguard Small-cap Value ETF | ETF-其他 | 1.12% | — | +0.46% | |
| 21 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.11% | -0.01% | -0.74% | |
| 22 | IVV | Ishares Core S&p 500 ETF | ETF-大型股與成長 | 1.03% | +0.02% | -0.91% | |
| 23 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 0.85% | +0.21% | -0.47% | |
| 24 | JMUB | Jpmorgan Municipal ETF | ETF-其他 | 0.84% | -0.11% | -43.17% | |
| 25 | HD | Home Depot Inc | 股票-循環性消費 | 0.82% | -0.04% | -0.11% | |
| 26 | AVGO | Broadcom Inc | 股票-科技 | 0.82% | +0.12% | +2.08% | |
| 27 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.81% | -0.15% | -2.22% | |
| 28 | VEU | Vanguard Ftse All-world Ex-u | ETF-其他 | 0.81% | — | +1.41% | |
| 29 | GOVT | Ishares US Treasury Bond ETF | ETF-政府公債 | 0.78% | -0.42% | +14.71% | |
| 30 | XLK | Ss Technology Select Sector | ETF-科技型 | 0.72% | +0.19% | -0.45% | |
| 31 | BLK | Blackrock Inc | 股票-金融 | 0.70% | -0.07% | -2.33% | |
| 32 | TJX | Tjx Companies Inc | 股票-循環性消費 | 0.68% | -0.13% | -3.41% | |
| 33 | MS | Morgan Stanley | 股票-金融 | 0.67% | +0.09% | -8.61% | |
| 34 | IJS | Ishares S&p Small-cap 600 Va | ETF-其他 | 0.66% | +0.01% | -1.16% | |
| 35 | NFLX | Netflix Inc | 股票-通訊服務 | 0.65% | -0.18% | +4.77% | |
| 36 | IJH | Ishares Core S&p Midcap ETF | ETF-其他 | 0.64% | — | -1.99% | |
| 37 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.61% | -0.08% | -1.14% | |
| 38 | UBER | Uber Technologies Inc | 股票-工業 | 0.59% | -0.10% | -1.15% | |
| 39 | VWO | Vanguard Ftse Emerging Marke | ETF-新興市場 | 0.58% | +0.01% | +2.21% | |
| 40 | CMI | Cummins Inc | 股票-工業 | 0.55% | +0.13% | +7.23% | |
| 41 | TT | Trane Technologies plc | 股票-工業 | 0.55% | +0.04% | +2.29% | |
| 42 | KLAC | Kla CORP | 股票-科技 | 0.54% | +0.53% | -5.12% | |
| 43 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.53% | +0.04% | -3.57% | |
| 44 | SPOT | Spotify Technology S.A. | 股票-通訊服務 | 0.52% | -0.12% | +0.15% | |
| 45 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.51% | -0.06% | -2.45% | |
| 46 | ORCL | Oracle CORP | 股票-科技 | 0.51% | -0.01% | +3.72% | |
| 47 | INTU | Intuit Inc | 股票-科技 | 0.49% | -0.22% | +0.97% | |
| 48 | PANW | Palo Alto Networks Inc | 股票-科技 | 0.48% | +0.46% | +76.17% | |
| 49 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 0.48% | +0.12% | -14.19% | |
| 50 | QCOM | Qualcomm Inc | 股票-科技 | 0.48% | +0.07% | -1.82% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | QQQ | Invesco Qqq Trust Series 1 | +1.8% | +157.44% | 加碼 |
| 2 | NVDA | Nvidia CORP | +1.2% | +1.46% | 減碼 |
| 3 | IBTG | Ishares Ibonds Dec 2026 Term | +1.2% | +2375.15% | 加碼 |
| 4 | MSFT | Microsoft CORP | +0.7% | -1.07% | 減碼 |
| 5 | GOOGL | Alphabet Inc-cl A | +0.6% | -1.64% | 減碼 |
| 6 | AVGO | Broadcom Inc | +0.5% | +2.08% | 加碼 |
| 7 | VGT | Vanguard Info Tech ETF | +0.3% | -2.02% | 加碼 |
| 8 | TSM | Taiwan Semiconductor-sp Adr | +0.2% | -0.47% | 減碼 |
| 9 | ORCL | Oracle CORP | +0.2% | +3.72% | 加碼 |
| 10 | PANW | Palo Alto Networks Inc | +0.2% | +76.17% | 加碼 |
| 11 | APP | Applovin Corp-class A | +0.2% | -2.50% | 加碼 |
| 12 | JPM | Jpmorgan Chase & Co | +0.2% | -0.74% | 加碼 |
| 13 | SUB | Ishares Short-term National | +0.2% | -34.16% | 加碼 |
| 14 | GOOG | Alphabet Inc-cl C | +0.2% | -3.57% | 加碼 |
| 15 | ABBV | Abbvie Inc | +0.1% | +54.77% | 加碼 |
| 16 | CMF | Ishares California Muni Bond | +0.1% | +6.69% | 加碼 |
| 17 | KLAC | Kla CORP | +0.1% | -5.12% | 減碼 |
| 18 | XLK | Ss Technology Select Sector | +0.1% | -0.45% | 加碼 |
| 19 | AMD | Advanced Micro Devices | +0.1% | +12.59% | 加碼 |
| 20 | META | Meta Platforms Inc-class A | +0.1% | +0.17% | 加碼 |
| 21 | CMI | Cummins Inc | +0.1% | +7.23% | 加碼 |
| 22 | AXP | American Express Co | +0.1% | -6.42% | 加碼 |
| 23 | IGIB | Ishares 5-10y Inv Grade CORP | +0.1% | +33.62% | 加碼 |
| 24 | P | Everpure Inc-a | +0.1% | -1.82% | 加碼 |
| 25 | CAT | Caterpillar Inc | +0.1% | -2.62% | 加碼 |
| 26 | NFLX | Netflix Inc | +0.1% | +4.77% | 加碼 |
| 27 | ETN | Eaton Corporation plc | +0.1% | -0.02% | 減碼 |
| 28 | MUNI | Pimco Intermediate Municipal | +0.1% | -2.76% | 加碼 |
| 29 | IGM | Ishares Expanded Tech Sector | +0.1% | +1.08% | 加碼 |
| 30 | LRCX | Lam Research CORP | +0.1% | +0.03% | 減碼 |
| 31 | ASML | ASML Holding N.V. | +0.1% | +5.47% | 加碼 |
| 32 | VIG | Vanguard Dividend Apprec ETF | +0.1% | -0.43% | 加碼 |
| 33 | LNG | Cheniere Energy Inc | +0.1% | +187.60% | 加碼 |
| 34 | EFA | Ishares Msci Eafe ETF | +0.1% | +2.98% | 加碼 |
| 35 | SE | Sea Ltd-adr | +0.1% | +11.47% | 加碼 |
| 36 | MU | Micron Technology Inc | +0.1% | -5.92% | 減碼 |
| 37 | ✓ | Cyberark Software LTD. Cmn | +0.1% | -10.34% | 加碼 |
| 38 | GS | Goldman Sachs Group Inc | +0.1% | +12.49% | 加碼 |
| 39 | GLW | Corning Inc | +0.1% | -17.29% | 加碼 |
| 40 | VT | Vanguard Tot World Stk ETF | +0.1% | +343.17% | 加碼 |
| 41 | SPY | Ss Spdr S&p 500 ETF Trust-us | 0% | -0.78% | 加碼 |
| 42 | GLD | Spdr Gold Shares | 0% | -0.57% | 減碼 |
| 43 | VOO | Vanguard S&p 500 ETF | 0% | +2.07% | 加碼 |
| 44 | TT | Trane Technologies plc | 0% | +2.29% | 加碼 |
| 45 | WFC | Wells Fargo & Co | 0% | +0.21% | 加碼 |
| 46 | BLK | Blackrock Inc | 0% | -2.33% | 加碼 |
| 47 | MS | Morgan Stanley | 0% | -8.61% | 減碼 |
| 48 | UBER | Uber Technologies Inc | 0% | -1.15% | 減碼 |
| 49 | COF | Capital One Financial CORP | 0% | -2.14% | 加碼 |
| 50 | CSCO | Cisco Systems Inc | 0% | +0.08% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Bailard, Inc. 在 Q3 2025 季度的美股持倉總市值約為 US$49.1億，共申報了 777 個公開持股部位。
在 Q3 2025 季度，Bailard, Inc. 按市值排列的前三大核心持股分別為：MSFT (4.8%)、AAPL (4.7%)、NVDA (4.0%)。其中最大持股部位 MSFT 佔據整體投資組合約 4.8% 的權重。
精選 AlphaSMO 大戶持股與內部人交易深度分析，提升投資決策勝率
完整解讀 Form 13F 申報規範、1 億美元門檻與 45 天延遲申報機制，學會如何追蹤頂級對沖基金與機構法人持倉動向。
本季最大新建倉標的
JMTG
市值: US$6630.7萬
本季最大獲利了結 / 清倉標的
BND
前期市值: US$7819.8萬
在 Q3 2025 季度中，Bailard, Inc. 共進行了 200 項持倉異動，包含新建倉 23 個部位、加碼 94 個部位、減碼 68 個部位以及清倉 15 個部位。 其中最大新建倉標的為 JMTG。 本季清倉部位包含 BND。
本頁面所有持股數據均直接同步自美國證券交易委員會（SEC）EDGAR 官方系統之 13F-HR / 13F-HR/A 季度申報文件。AlphaSMO 透過機器解析 CUSIP 與個股對照，提供 100% 精準對齊的歷史時序數據集，並支援 Schema.org 結構化資料格式。
解析公司高管、董事與 10% 大股東之 Form 4 內部人交易申報，掌握高管自家股票買賣第一手訊號。
深入剖析 5% 股益申報門檻、13D 與 13G 之差異，以及最新 SEC 申報時程規範，洞察機構法人的激進投資動向。