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: 0001096783
申報總市值
US$8.6億
US$8.6億
151 檔
28.4%
Baxter Bros Inc 在 Q2 2025 季度的美股部位總計估值為 US$8.6億，分散於 151 個持倉標的之中，反映其市場參與廣度與投資規模。
從 Q2 2025 申報觀察，Baxter Bros Inc 採取防禦導向的調倉策略，本季減碼 28 檔個股並出清 1 檔部位，顯示機構在該時期進行風險控制與流動性回收。
從部位權重觀察，前 5 大標的（包含 BRK-B, MSFT, INTU）累計市值佔比達 28.4%，是驅動 Baxter Bros Inc 該季度整體投資組合績效表現的核心支柱。
| # | 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 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 8.20% | -0.01% | -1.54% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 8.20% | -0.27% | -0.94% | |
| 3 | INTU | Intuit Inc | 股票-科技 | 5.74% | -1.42% | -1.21% | |
| 4 | V | Visa Inc-class A Shares | 股票-金融 | 4.26% | +0.22% | -1.42% | |
| 5 | XOM | Exxon Mobil CORP | 股票-能源 | 3.62% | -1.42% | -1.20% | |
| 6 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 3.41% | -0.16% | +2.89% | |
| 7 | AXP | American Express Co | 股票-金融 | 3.25% | +0.24% | +5.75% | |
| 8 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 3.09% | +0.52% | -1.80% | |
| 9 | ADP | Automatic Data Processing | 股票-科技 | 2.98% | -0.07% | -1.54% | |
| 10 | UNP | Union Pacific CORP | 股票-工業 | 2.89% | +0.13% | -1.72% | |
| 11 | JPM | Jpmorgan Chase & Co | 股票-金融 | 2.70% | +0.15% | -1.43% | |
| 12 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 2.28% | +0.49% | -1.03% | |
| 13 | MA | Mastercard Inc - A | 股票-金融 | 2.24% | -0.07% | -2.05% | |
| 14 | QCOM | Qualcomm Inc | 股票-科技 | 2.15% | +0.50% | -4.16% | |
| 15 | NFLX | Netflix Inc | 股票-通訊服務 | 2.04% | -0.48% | +3.47% | |
| 16 | PAYX | Paychex Inc | 股票-科技 | 1.78% | -0.04% | -1.74% | |
| 17 | AMZN | Amazon.com Inc | 股票-循環性消費 | 1.77% | +0.17% | +89.21% | |
| 18 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 1.77% | -0.09% | -2.59% | |
| 19 | RTX | Rtx CORP | 股票-工業 | 1.75% | -0.17% | -0.32% | |
| 20 | MS | Morgan Stanley | 股票-金融 | 1.65% | +0.34% | +6.30% | |
| 21 | GE | General Electric | 股票-工業 | 1.35% | +0.35% | -2.43% | |
| 22 | GS | Goldman Sachs Group Inc | 股票-金融 | 1.33% | +0.16% | +1.81% | |
| 23 | CVX | Chevron CORP | 股票-能源 | 1.28% | -0.43% | +12.74% | |
| 24 | SCHW | Schwab (charles) CORP | 股票-金融 | 1.13% | +0.05% | +22.44% | |
| 25 | HD | Home Depot Inc | 股票-循環性消費 | 1.06% | +0.04% | -3.13% | |
| 26 | WFC | Wells Fargo & Co | 股票-金融 | 1.06% | -0.04% | -1.50% | |
| 27 | TMO | Thermo Fisher Scientific Inc | 股票-醫療保健 | 1.05% | -0.04% | -21.49% | |
| 28 | HON | Honeywell International Inc | 股票-工業 | 1.02% | -1.25% | EXIT | |
| 29 | KO | Coca-cola Co/the | 股票-非循環性消費 | 0.90% | — | +0.04% | |
| 30 | VIGI | Vanguard Int Div App Indx Fd | ETF-其他 | 0.89% | +0.24% | +95.00% | |
| 31 | SHW | Sherwin-williams Co/the | 股票-原物料 | 0.89% | -0.01% | -3.03% | |
| 32 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.79% | -0.04% | -7.83% | |
| 33 | TXN | Texas Instruments Inc | 股票-科技 | 0.77% | +0.27% | -3.81% | |
| 34 | CMCSA | Comcast Corp-class A | 股票-通訊服務 | 0.76% | -0.17% | -5.13% | |
| 35 | FISV | Fiserv Inc | 股票-其他 | 0.76% | -0.07% | EXIT | |
| 36 | WRB | Wr Berkley CORP | 股票-金融 | 0.75% | — | +12.94% | |
| 37 | GEV | GE Vernova Inc | 股票-工業 | 0.67% | +0.29% | -4.21% | |
| 38 | DIS | Walt Disney Co/the | 股票-通訊服務 | 0.65% | -0.03% | -3.71% | |
| 39 | APD | Air Products & Chemicals Inc | 股票-原物料 | 0.62% | -0.04% | -14.56% | |
| 40 | NSC | Norfolk Southern CORP | 股票-工業 | 0.59% | -0.05% | -4.41% | |
| 41 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.57% | -0.08% | -4.07% | |
| 42 | LHX | L3harris Technologies Inc | 股票-工業 | 0.51% | -0.12% | -18.13% | |
| 43 | AAPL | Apple Inc | 股票-科技 | 0.49% | +0.06% | -2.87% | |
| 44 | MMM | 3m Co | 股票-工業 | 0.48% | +0.01% | -1.98% | |
| 45 | EW | Edwards Lifesciences CORP | 股票-醫療保健 | 0.47% | +0.02% | -36.35% | |
| 46 | UBER | Uber Technologies Inc | 股票-工業 | 0.47% | — | +15.04% | |
| 47 | TRP | Tc Energy CORP | 股票-能源 | 0.41% | — | -0.12% | |
| 48 | CSX | Csx CORP | 股票-工業 | 0.39% | +0.04% | +0.01% | |
| 49 | PSX | Phillips 66 | 股票-能源 | 0.38% | -0.07% | -11.45% | |
| 50 | BLK | Blackrock Inc | 股票-金融 | 0.37% | +0.01% | +25.53% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | MSFT | Microsoft CORP | +1.5% | -0.94% | 減碼 |
| 2 | AMZN | Amazon.com Inc | +0.9% | +89.21% | 加碼 |
| 3 | INTU | Intuit Inc | +0.9% | -1.21% | 減碼 |
| 4 | META | Meta Platforms Inc-class A | +0.6% | +2.89% | 加碼 |
| 5 | NFLX | Netflix Inc | +0.6% | +3.47% | 加碼 |
| 6 | AXP | American Express Co | +0.5% | +5.75% | 加碼 |
| 7 | VIGI | Vanguard Int Div App Indx Fd | +0.4% | +95.00% | 加碼 |
| 8 | SCHW | Schwab (charles) CORP | +0.3% | +22.44% | 加碼 |
| 9 | MS | Morgan Stanley | +0.3% | +6.30% | 加碼 |
| 10 | GS | Goldman Sachs Group Inc | +0.3% | +1.81% | 加碼 |
| 11 | GEV | GE Vernova Inc | +0.2% | -4.21% | 減碼 |
| 12 | JPM | Jpmorgan Chase & Co | +0.2% | -1.43% | 減碼 |
| 13 | GE | General Electric | +0.2% | -2.43% | 減碼 |
| 14 | HON | Honeywell International Inc | +0.2% | +14.57% | 加碼 |
| 15 | VOO | Vanguard S&p 500 ETF | +0.1% | NEW | 新建倉 |
| 16 | UBER | Uber Technologies Inc | +0.1% | +15.04% | 加碼 |
| 17 | VTI | Vanguard Total Stock Mkt ETF | +0.1% | +118.84% | 加碼 |
| 18 | GOOG | Alphabet Inc-cl C | +0.1% | -1.80% | 減碼 |
| 19 | GOOGL | Alphabet Inc-cl A | +0.1% | -1.03% | 減碼 |
| 20 | TSM | Taiwan Semiconductor-sp Adr | +0.1% | +76.54% | 加碼 |
| 21 | BLK | Blackrock Inc | +0.1% | +25.53% | 加碼 |
| 22 | DIS | Walt Disney Co/the | +0.1% | -3.71% | 減碼 |
| 23 | BKR | Baker Hughes Co | +0.1% | +99.95% | 加碼 |
| 24 | VVV | Valvoline Inc | +0.1% | NEW | 新建倉 |
| 25 | WRB | Wr Berkley CORP | +0.1% | +12.94% | 加碼 |
| 26 | BX | Blackstone Inc | +0.1% | +21.34% | 加碼 |
| 27 | RTX | Rtx CORP | 0% | -0.32% | 減碼 |
| 28 | ETN | Eaton Corporation plc | 0% | +0.11% | 加碼 |
| 29 | TXN | Texas Instruments Inc | 0% | -3.81% | 減碼 |
| 30 | DHI | Dr Horton Inc | 0% | +17.89% | 加碼 |
| 31 | WFC | Wells Fargo & Co | 0% | -1.50% | 減碼 |
| 32 | SLB | Slb LTD | -0.1% | -58.73% | 減碼 |
| 33 | MU | Micron Technology Inc | -0.1% | EXIT | 清倉 |
| 34 | UPS | United Parcel Service-cl B | -0.1% | -29.01% | 減碼 |
| 35 | PSX | Phillips 66 | -0.1% | -11.45% | 減碼 |
| 36 | AAPL | Apple Inc | -0.1% | -2.87% | 減碼 |
| 37 | LLY | Eli Lilly & Co | -0.1% | -42.71% | 減碼 |
| 38 | PEP | Pepsico Inc | -0.1% | -22.26% | 減碼 |
| 39 | CMCSA | Comcast Corp-class A | -0.1% | -5.13% | 減碼 |
| 40 | APD | Air Products & Chemicals Inc | -0.2% | -14.56% | 減碼 |
| 41 | MCD | Mcdonald's CORP | -0.2% | -34.30% | 減碼 |
| 42 | JNJ | Johnson & Johnson | -0.2% | -7.83% | 減碼 |
| 43 | FISV | Fiserv Inc | -0.2% | +6.70% | 加碼 |
| 44 | EW | Edwards Lifesciences CORP | -0.3% | -36.35% | 減碼 |
| 45 | PAYX | Paychex Inc | -0.3% | -1.74% | 減碼 |
| 46 | PG | Procter & Gamble Co/the | -0.3% | -2.59% | 減碼 |
| 47 | UNP | Union Pacific CORP | -0.4% | -1.72% | 減碼 |
| 48 | TMO | Thermo Fisher Scientific Inc | -0.7% | -21.49% | 減碼 |
| 49 | XOM | Exxon Mobil CORP | -0.7% | -1.20% | 減碼 |
| 50 | BRK-B | Berkshire Hathaway Inc-cl B | -1.6% | -1.54% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Baxter Bros Inc 在 Q2 2025 季度的美股持倉總市值約為 US$8.6億，共申報了 151 個公開持股部位。
在 Q2 2025 季度，Baxter Bros Inc 按市值排列的前三大核心持股分別為：BRK-B (8.2%)、MSFT (8.2%)、INTU (5.7%)。其中最大持股部位 BRK-B 佔據整體投資組合約 8.2% 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
VOO
市值: US$116.8萬
本季最大獲利了結 / 清倉標的
MU
前期市值: US$58.1萬
在 Q2 2025 季度中，Baxter Bros Inc 共進行了 50 項持倉異動，包含新建倉 2 個部位、加碼 19 個部位、減碼 28 個部位以及清倉 1 個部位。 其中最大新建倉標的為 VOO。 本季清倉部位包含 MU。
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。