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
163 檔
28.3%
根據最新整理的 13F 季度數據集，Baxter Bros Inc 於 Q3 2025 結束時的管理資產規模為 US$8.6億。該機構在本季度申報了 163 檔美股持倉，呈現出該時期的主要投資地圖。
觀察 Q3 2025 的申報異動，Baxter Bros Inc 採取了強勁的買進策略，建倉與加碼動作（合計 28 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, BRK-B, INTU）占據了總市值的 28.3%，展現出該機構在 Q3 2025 的重點資金聚焦與風險分佈特徵。
| # | 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 | 7.97% | -0.27% | -1.15% | |
| 2 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 7.92% | -0.01% | -1.26% | |
| 3 | INTU | Intuit Inc | 股票-科技 | 4.73% | -1.42% | +0.42% | |
| 4 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 3.88% | +0.52% | -3.16% | |
| 5 | V | Visa Inc-class A Shares | 股票-金融 | 3.79% | +0.22% | -2.16% | |
| 6 | XOM | Exxon Mobil CORP | 股票-能源 | 3.61% | -1.42% | +0.89% | |
| 7 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 3.28% | -0.16% | +2.10% | |
| 8 | AXP | American Express Co | 股票-金融 | 3.11% | +0.24% | -2.57% | |
| 9 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 3.00% | +0.49% | +0.80% | |
| 10 | JPM | Jpmorgan Chase & Co | 股票-金融 | 2.88% | +0.15% | +3.73% | |
| 11 | ADP | Automatic Data Processing | 股票-科技 | 2.82% | -0.07% | +4.97% | |
| 12 | UNP | Union Pacific CORP | 股票-工業 | 2.65% | +0.13% | -5.67% | |
| 13 | MA | Mastercard Inc - A | 股票-金融 | 2.10% | -0.07% | -2.08% | |
| 14 | QCOM | Qualcomm Inc | 股票-科技 | 2.03% | +0.50% | -4.10% | |
| 15 | RTX | Rtx CORP | 股票-工業 | 1.92% | -0.17% | +1.29% | |
| 16 | AMZN | Amazon.com Inc | 股票-循環性消費 | 1.79% | +0.17% | +6.87% | |
| 17 | MS | Morgan Stanley | 股票-金融 | 1.78% | +0.34% | +1.16% | |
| 18 | NFLX | Netflix Inc | 股票-通訊服務 | 1.75% | -0.48% | +1.25% | |
| 19 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 1.57% | -0.09% | -2.57% | |
| 20 | GE | General Electric | 股票-工業 | 1.49% | +0.35% | -0.23% | |
| 21 | PAYX | Paychex Inc | 股票-科技 | 1.45% | -0.04% | -1.21% | |
| 22 | GS | Goldman Sachs Group Inc | 股票-金融 | 1.40% | +0.16% | -0.85% | |
| 23 | CVX | Chevron CORP | 股票-能源 | 1.32% | -0.43% | +0.47% | |
| 24 | SCHW | Schwab (charles) CORP | 股票-金融 | 1.31% | +0.05% | +17.85% | |
| 25 | TMO | Thermo Fisher Scientific Inc | 股票-醫療保健 | 1.16% | -0.04% | -2.12% | |
| 26 | HON | Honeywell International Inc | 股票-工業 | 1.04% | -1.25% | EXIT | |
| 27 | WFC | Wells Fargo & Co | 股票-金融 | 1.02% | -0.04% | -2.45% | |
| 28 | VIGI | Vanguard Int Div App Indx Fd | ETF-其他 | 0.98% | +0.24% | +17.01% | |
| 29 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.91% | -0.04% | +0.76% | |
| 30 | HD | Home Depot Inc | 股票-循環性消費 | 0.89% | +0.04% | -20.19% | |
| 31 | SHW | Sherwin-williams Co/the | 股票-原物料 | 0.83% | -0.01% | -1.57% | |
| 32 | AAPL | Apple Inc | 股票-科技 | 0.80% | +0.06% | +38.87% | |
| 33 | KO | Coca-cola Co/the | 股票-非循環性消費 | 0.77% | — | -3.18% | |
| 34 | GEV | GE Vernova Inc | 股票-工業 | 0.74% | +0.29% | -0.13% | |
| 35 | WRB | Wr Berkley CORP | 股票-金融 | 0.71% | — | -3.40% | |
| 36 | NSC | Norfolk Southern CORP | 股票-工業 | 0.64% | -0.05% | -2.93% | |
| 37 | TXN | Texas Instruments Inc | 股票-科技 | 0.62% | +0.27% | -3.62% | |
| 38 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.59% | -0.08% | +16.26% | |
| 39 | CMCSA | Comcast Corp-class A | 股票-通訊服務 | 0.56% | -0.17% | -11.75% | |
| 40 | LHX | L3harris Technologies Inc | 股票-工業 | 0.56% | -0.12% | -4.34% | |
| 41 | DIS | Walt Disney Co/the | 股票-通訊服務 | 0.51% | -0.03% | -11.03% | |
| 42 | FISV | Fiserv Inc | 股票-其他 | 0.50% | -0.07% | EXIT | |
| 43 | APD | Air Products & Chemicals Inc | 股票-原物料 | 0.46% | -0.04% | -17.83% | |
| 44 | BX | Blackstone Inc | 股票-金融 | 0.46% | +0.16% | +28.69% | |
| 45 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.46% | +0.13% | +319.45% | |
| 46 | CB | Chubb Limited | 股票-金融 | 0.45% | +0.02% | +81.18% | |
| 47 | UBER | Uber Technologies Inc | 股票-工業 | 0.45% | — | -2.75% | |
| 48 | DHI | Dr Horton Inc | 股票-循環性消費 | 0.45% | -0.05% | +1.86% | |
| 49 | BLK | Blackrock Inc | 股票-金融 | 0.45% | +0.01% | +13.28% | |
| 50 | MMM | 3m Co | 股票-工業 | 0.43% | +0.01% | -7.20% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | MSFT | Microsoft CORP | +1.3% | -1.15% | 減碼 |
| 2 | AMZN | Amazon.com Inc | +0.9% | +6.87% | 加碼 |
| 3 | GOOG | Alphabet Inc-cl C | +0.9% | -3.16% | 減碼 |
| 4 | GOOGL | Alphabet Inc-cl A | +0.8% | +0.80% | 減碼 |
| 5 | VIGI | Vanguard Int Div App Indx Fd | +0.5% | +17.01% | 加碼 |
| 6 | META | Meta Platforms Inc-class A | +0.5% | +2.10% | 加碼 |
| 7 | SCHW | Schwab (charles) CORP | +0.5% | +17.85% | 加碼 |
| 8 | MS | Morgan Stanley | +0.4% | +1.16% | 加碼 |
| 9 | JPM | Jpmorgan Chase & Co | +0.4% | +3.73% | 加碼 |
| 10 | GE | General Electric | +0.3% | -0.23% | 減碼 |
| 11 | AXP | American Express Co | +0.3% | -2.57% | 加碼 |
| 12 | GS | Goldman Sachs Group Inc | +0.3% | -0.85% | 加碼 |
| 13 | GEV | GE Vernova Inc | +0.3% | -0.13% | 減碼 |
| 14 | NFLX | Netflix Inc | +0.3% | +1.25% | 加碼 |
| 15 | MKL | Markel Group Inc | +0.2% | +175.98% | 加碼 |
| 16 | LLY | Eli Lilly & Co | +0.2% | +319.45% | 加碼 |
| 17 | RTX | Rtx CORP | +0.2% | +1.29% | 加碼 |
| 18 | AAPL | Apple Inc | +0.2% | +38.87% | 加碼 |
| 19 | BX | Blackstone Inc | +0.2% | +28.69% | 加碼 |
| 20 | TSM | Taiwan Semiconductor-sp Adr | +0.2% | +20.91% | 加碼 |
| 21 | HON | Honeywell International Inc | +0.2% | +19.64% | 加碼 |
| 22 | BLK | Blackrock Inc | +0.2% | +13.28% | 加碼 |
| 23 | CB | Chubb Limited | +0.2% | +81.18% | 加碼 |
| 24 | DHI | Dr Horton Inc | +0.1% | +1.86% | 加碼 |
| 25 | UBER | Uber Technologies Inc | +0.1% | -2.75% | 加碼 |
| 26 | CTAS | Cintas CORP | +0.1% | +118.75% | 加碼 |
| 27 | TXT | Textron Inc | +0.1% | +45.84% | 加碼 |
| 28 | WRB | Wr Berkley CORP | 0% | -3.40% | 加碼 |
| 29 | WFC | Wells Fargo & Co | 0% | -2.45% | 減碼 |
| 30 | UPS | United Parcel Service-cl B | -0.1% | -16.61% | 減碼 |
| 31 | INTU | Intuit Inc | -0.2% | +0.42% | 減碼 |
| 32 | MCD | Mcdonald's CORP | -0.2% | -6.57% | 減碼 |
| 33 | HD | Home Depot Inc | -0.3% | -20.19% | 減碼 |
| 34 | EW | Edwards Lifesciences CORP | -0.3% | -7.37% | 減碼 |
| 35 | CMCSA | Comcast Corp-class A | -0.3% | -11.75% | 減碼 |
| 36 | APD | Air Products & Chemicals Inc | -0.4% | -17.83% | 減碼 |
| 37 | FISV | Fiserv Inc | -0.5% | -6.41% | 減碼 |
| 38 | PG | Procter & Gamble Co/the | -0.5% | -2.57% | 減碼 |
| 39 | TMO | Thermo Fisher Scientific Inc | -0.6% | -2.12% | 減碼 |
| 40 | UNP | Union Pacific CORP | -0.6% | -5.67% | 減碼 |
| 41 | PAYX | Paychex Inc | -0.6% | -1.21% | 減碼 |
| 42 | XOM | Exxon Mobil CORP | -0.7% | +0.89% | 減碼 |
| 43 | V | Visa Inc-class A Shares | -0.8% | -2.16% | 減碼 |
| 44 | BRK-B | Berkshire Hathaway Inc-cl B | -1.9% | -1.26% | 減碼 |
| 45 | IWM | Ishares Russell 2000 ETF | — | NEW | 新建倉 |
| 46 | PANW | Palo Alto Networks Inc | — | NEW | 新建倉 |
| 47 | VEA | Vanguard Ftse Developed ETF | — | NEW | 新建倉 |
| 48 | SLM | Slm CORP | — | NEW | 新建倉 |
| 49 | VWO | Vanguard Ftse Emerging Marke | — | NEW | 新建倉 |
| 50 | SLB | Slb LTD | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Baxter Bros Inc 在 Q3 2025 季度的美股持倉總市值約為 US$8.6億，共申報了 163 個公開持股部位。
在 Q3 2025 季度，Baxter Bros Inc 按市值排列的前三大核心持股分別為：MSFT (8.0%)、BRK-B (7.9%)、INTU (4.7%)。其中最大持股部位 MSFT 佔據整體投資組合約 8.0% 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
IWM
市值: US$212.3萬
本季最大獲利了結 / 清倉標的
SLB
前期市值: US$86.8萬
在 Q3 2025 季度中，Baxter Bros Inc 共進行了 50 項持倉異動，包含新建倉 5 個部位、加碼 23 個部位、減碼 21 個部位以及清倉 1 個部位。 其中最大新建倉標的為 IWM。 本季清倉部位包含 SLB。
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。