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: 0001544599
申報總市值
US$385.9億
US$385.9億
644 檔
24.3%
在 Q4 2025 申報期間，Bank Julius Baer & Co. Ltd, Zurich（CIK: 0001544599）向美國 SEC 提交的 Form 13F 報告顯示，其追蹤之股票投資組合總市值達 US$385.9億，共持有 644 個公開申報部位。
觀察 Q4 2025 的資金脈絡，Bank Julius Baer & Co. Ltd, Zurich 在獲利結算 1 檔個股的同時，將資本重新部署至 2 檔新選標的，展現主動管理機構的輪動節奏。
在資產配置集中度方面，Bank Julius Baer & Co. Ltd, Zurich 的前 5 大核心持股（包含 GOOGL, MSFT, NVDA 等）合計佔整體申報市值的 24.3%，反映機構在主要關鍵部位上的權重分佈。
僅顯示前 200 大持股（共 644 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 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 6.52% | -0.33% | -9.09% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 5.94% | -0.18% | -0.17% | |
| 3 | NVDA | Nvidia CORP | 股票-科技 | 5.45% | +0.04% | -9.81% | |
| 4 | AAPL | Apple Inc | 股票-科技 | 4.53% | +0.01% | +3.96% | |
| 5 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 3.42% | +0.36% | +1.99% | |
| 6 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 2.86% | +0.26% | +7.56% | |
| 7 | V | Visa Inc-class A Shares | 股票-金融 | 2.69% | -0.52% | -2.12% | |
| 8 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.48% | -0.14% | -11.48% | |
| 9 | LLY | Eli Lilly & Co | 股票-醫療保健 | 2.22% | +0.41% | -5.65% | |
| 10 | MA | Mastercard Inc - A | 股票-金融 | 2.00% | -0.72% | +0.71% | |
| 11 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.93% | -0.13% | +1.40% | |
| 12 | AVGO | Broadcom Inc | 股票-科技 | 1.81% | +1.73% | +14.77% | |
| 13 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 1.79% | -0.82% | -0.15% | |
| 14 | NFLX | Netflix Inc | 股票-通訊服務 | 1.78% | -0.58% | +926.14% | |
| 15 | IBM | Intl Business Machines CORP | 股票-科技 | 1.35% | -0.52% | +0.52% | |
| 16 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 1.20% | -0.29% | +32.68% | |
| 17 | PGR | Progressive CORP | 股票-金融 | 1.18% | -0.07% | -1.98% | |
| 18 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 1.15% | -0.50% | +27.60% | |
| 19 | GE | General Electric | 股票-工業 | 1.12% | +0.47% | -22.49% | |
| 20 | ISRG | Intuitive Surgical Inc | 股票-醫療保健 | 1.08% | -0.25% | -0.11% | |
| 21 | JNJ | Johnson & Johnson | 股票-醫療保健 | 1.02% | -0.24% | +7.75% | |
| 22 | SPGI | S&p Global Inc | 股票-金融 | 1.00% | -0.17% | -9.26% | |
| 23 | LIN | Linde plc | 股票-原物料 | 0.99% | -0.40% | -6.58% | |
| 24 | WMT | Walmart Inc | 股票-非循環性消費 | 0.98% | -0.68% | +148.51% | |
| 25 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 0.97% | -0.01% | -1.11% | |
| 26 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.92% | -0.10% | +3.27% | |
| 27 | IEF | Ishares 7-10 Year Treasury B | ETF-政府公債 | 0.90% | -0.09% | +6.34% | |
| 28 | IEI | Ishares 3-7 Year Treasury Bo | ETF-政府公債 | 0.88% | -0.08% | +6.47% | |
| 29 | ABT | Abbott Laboratories | 股票-醫療保健 | 0.88% | -0.47% | +77.76% | |
| 30 | CAT | Caterpillar Inc | 股票-工業 | 0.87% | +0.28% | +3.42% | |
| 31 | CSCO | Cisco Systems Inc | 股票-科技 | 0.87% | +0.37% | +875.61% | |
| 32 | AMAT | Applied Materials Inc | 股票-科技 | 0.87% | +1.58% | +5.84% | |
| 33 | DHR | Danaher CORP | 股票-醫療保健 | 0.81% | -0.33% | -1.04% | |
| 34 | UBER | Uber Technologies Inc | 股票-工業 | 0.81% | -0.35% | -23.80% | |
| 35 | SYK | Stryker CORP | 股票-醫療保健 | 0.78% | -0.17% | +4.50% | |
| 36 | LRCX | Lam Research CORP | 股票-科技 | 0.77% | +0.99% | -1.54% | |
| 37 | UBS | UBS Group AG | 股票-金融 | 0.73% | +0.01% | +25.99% | |
| 38 | XOM | Exxon Mobil CORP | 股票-能源 | 0.67% | -0.34% | +6.31% | |
| 39 | CDNS | Cadence Design Sys Inc | 股票-科技 | 0.66% | +0.07% | -3.90% | |
| 40 | KO | Coca-cola Co/the | 股票-非循環性消費 | 0.64% | -0.11% | -0.51% | |
| 41 | EMR | Emerson Electric Co | 股票-工業 | 0.63% | -0.32% | +97.59% | |
| 42 | WFC | Wells Fargo & Co | 股票-金融 | 0.61% | -0.12% | +71.42% | |
| 43 | CME | Cme Group Inc | 股票-金融 | 0.60% | -0.54% | -0.43% | |
| 44 | MKL | Markel Group Inc | 股票-金融 | 0.58% | -0.09% | +13.23% | |
| 45 | ADP | Automatic Data Processing | 股票-科技 | 0.58% | -0.02% | +0.38% | |
| 46 | NDAQ | Nasdaq Inc | 股票-金融 | 0.56% | -0.07% | -4.23% | |
| 47 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 0.55% | +0.21% | -22.35% | |
| 48 | ORCL | Oracle CORP | 股票-科技 | 0.49% | -0.02% | -24.15% | |
| 49 | ETN | Eaton Corporation plc | 股票-工業 | 0.47% | +0.21% | +0.98% | |
| 50 | TT | Trane Technologies plc | 股票-工業 | 0.47% | — | -6.48% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | GOOGL | Alphabet Inc-cl A | +0.8% | -9.09% | 減碼 |
| 2 | CSCO | Cisco Systems Inc | +0.8% | +875.61% | 加碼 |
| 3 | WMT | Walmart Inc | +0.6% | +148.51% | 加碼 |
| 4 | LLY | Eli Lilly & Co | +0.5% | -5.65% | 減碼 |
| 5 | AZNN | Astrazeneca Plc-spons Adr | +0.5% | +11190.86% | 加碼 |
| 6 | AAPL | Apple Inc | +0.4% | +3.96% | 加碼 |
| 7 | SNOW | Snowflake Inc | +0.4% | +40468.20% | 加碼 |
| 8 | ABT | Abbott Laboratories | +0.3% | +77.76% | 加碼 |
| 9 | MS | Morgan Stanley | +0.3% | +10167.01% | 加碼 |
| 10 | EMR | Emerson Electric Co | +0.3% | +97.59% | 加碼 |
| 11 | AVGO | Broadcom Inc | +0.3% | +14.77% | 加碼 |
| 12 | WFC | Wells Fargo & Co | +0.3% | +71.42% | 加碼 |
| 13 | C | Citigroup Inc | +0.2% | +241.35% | 加碼 |
| 14 | VZ | Verizon Communications Inc | +0.2% | +351.59% | 加碼 |
| 15 | BRK-B | Berkshire Hathaway Inc-cl B | +0.2% | +27.60% | 加碼 |
| 16 | FAST | Fastenal Co | +0.2% | +1039.64% | 加碼 |
| 17 | SPY | Ss Spdr S&p 500 ETF Trust-us | +0.2% | +7.56% | 加碼 |
| 18 | COST | Costco Wholesale CORP | +0.2% | +32.68% | 加碼 |
| 19 | ISRG | Intuitive Surgical Inc | +0.2% | -0.11% | 減碼 |
| 20 | UBS | UBS Group AG | +0.2% | +25.99% | 加碼 |
| 21 | AMAT | Applied Materials Inc | +0.2% | +5.84% | 加碼 |
| 22 | FERG | Ferguson Enterprises Inc | +0.2% | +1203.01% | 加碼 |
| 23 | MRK | Merck & Co. Inc. | +0.2% | +3.27% | 加碼 |
| 24 | BAC | Bank Of America CORP | +0.2% | +3747.07% | 加碼 |
| 25 | JNJ | Johnson & Johnson | +0.2% | +7.75% | 加碼 |
| 26 | CAT | Caterpillar Inc | +0.2% | +3.42% | 加碼 |
| 27 | LRCX | Lam Research CORP | +0.1% | -1.54% | 減碼 |
| 28 | AFL | Aflac Inc | -0.2% | -85.55% | 減碼 |
| 29 | CHD | Church & Dwight Co Inc | -0.2% | -89.80% | 減碼 |
| 30 | TEL | TE Connectivity plc | -0.2% | -44.70% | 減碼 |
| 31 | LIN | Linde plc | -0.2% | -6.58% | 減碼 |
| 32 | AMZN | Amazon.com Inc | -0.2% | -11.48% | 減碼 |
| 33 | ARM | Arm Holdings Plc-adr | -0.3% | -95.85% | 減碼 |
| 34 | FISV | Fiserv Inc | -0.3% | -17.50% | 減碼 |
| 35 | EA | Electronic Arts Inc | -0.3% | -92.13% | 減碼 |
| 36 | VRSK | Verisk Analytics Inc | -0.3% | -93.99% | 減碼 |
| 37 | APH | Amphenol Corp-cl A | -0.3% | -48.27% | 減碼 |
| 38 | GE | General Electric | -0.3% | -22.49% | 減碼 |
| 39 | MSCI | Msci Inc | -0.3% | -96.38% | 減碼 |
| 40 | ADBE | Adobe Inc | -0.4% | -56.40% | 減碼 |
| 41 | META | Meta Platforms Inc-class A | -0.4% | +1.99% | 加碼 |
| 42 | HON | Honeywell International Inc | -0.4% | -63.41% | 減碼 |
| 43 | ORCL | Oracle CORP | -0.5% | -24.15% | 減碼 |
| 44 | NFLX | Netflix Inc | -0.5% | +926.14% | 加碼 |
| 45 | UBER | Uber Technologies Inc | -0.5% | -23.80% | 減碼 |
| 46 | MSFT | Microsoft CORP | -0.6% | -0.17% | 減碼 |
| 47 | NVDA | Nvidia CORP | -0.7% | -9.81% | 減碼 |
| 48 | TTE | TotalEnergies SE | — | NEW | 新建倉 |
| 49 | ESGU | Ishares Esg Aware Msci USA | — | EXIT | 清倉 |
| 50 | EXE | Expand Energy CORP | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Bank Julius Baer & Co. Ltd, Zurich 在 Q4 2025 季度的美股持倉總市值約為 US$385.9億，共申報了 644 個公開持股部位。
在 Q4 2025 季度，Bank Julius Baer & Co. Ltd, Zurich 按市值排列的前三大核心持股分別為：GOOGL (6.5%)、MSFT (5.9%)、NVDA (5.5%)。其中最大持股部位 GOOGL 佔據整體投資組合約 6.5% 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
TTE
市值: US$1.1億
本季最大獲利了結 / 清倉標的
ESGU
前期市值: US$5922.9萬
在 Q4 2025 季度中，Bank Julius Baer & Co. Ltd, Zurich 共進行了 50 項持倉異動，包含新建倉 2 個部位、加碼 25 個部位、減碼 22 個部位以及清倉 1 個部位。 其中最大新建倉標的為 TTE。 本季清倉部位包含 ESGU。
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。