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: 0001681004
申報總市值
US$3.7億
US$3.7億
62 檔
36.9%
截至 Q2 2025 季度末，Bell Asset Management Ltd 的美股持倉估值約為 US$3.7億，全數申報部位共有 62 檔。
Bell Asset Management Ltd 在 Q2 2025 的調整主要集中於風險出清，清倉與減碼部位合計達 54 檔，反映機構對當前市場環境或個別公司估值採取較為保留之看法。
檢視投資組合結構，前 5 大主力部位（包含 NVDA, MSFT, GOOGL）占據了總市值的 36.9%，展現出該機構在 Q2 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 | NVDA | Nvidia CORP | 股票-科技 | 7.70% | -0.11% | -27.66% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 6.87% | -1.03% | -37.79% | |
| 3 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 6.49% | +0.81% | -21.64% | |
| 4 | AMZN | Amazon.com Inc | 股票-循環性消費 | 5.20% | -0.27% | -21.48% | |
| 5 | AAPL | Apple Inc | 股票-科技 | 4.25% | -2.61% | +18.24% | |
| 6 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 3.00% | +0.94% | -5.81% | |
| 7 | AON | Aon plc | 股票-金融 | 1.97% | -0.38% | +65.57% | |
| 8 | AVGO | Broadcom Inc | 股票-科技 | 1.95% | +0.32% | -40.30% | |
| 9 | LLY | Eli Lilly & Co | 股票-醫療保健 | 1.95% | +0.34% | +8.37% | |
| 10 | FISV | Fiserv Inc | 股票-其他 | 1.94% | — | +3.06% | |
| 11 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 1.92% | -0.03% | +7.82% | |
| 12 | PEP | Pepsico Inc | 股票-非循環性消費 | 1.91% | — | -21.70% | |
| 13 | ORCL | Oracle CORP | 股票-科技 | 1.86% | -0.21% | -39.82% | |
| 14 | MRSH | Marsh & Mclennan Cos | 股票-金融 | 1.82% | -0.18% | +40.37% | |
| 15 | ACN | Accenture plc | 股票-科技 | 1.64% | -0.15% | -21.70% | |
| 16 | UBER | Uber Technologies Inc | 股票-工業 | 1.61% | -0.31% | -28.03% | |
| 17 | MA | Mastercard Inc - A | 股票-金融 | 1.58% | +0.16% | -31.50% | |
| 18 | V | Visa Inc-class A Shares | 股票-金融 | 1.56% | +0.11% | -30.48% | |
| 19 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 1.46% | +0.32% | -33.93% | |
| 20 | MSI | Motorola Solutions Inc | 股票-科技 | 1.39% | +0.11% | — | |
| 21 | MSCI | Msci Inc | 股票-金融 | 1.39% | -0.20% | +8.96% | |
| 22 | CLH | Clean Harbors Inc | 股票-工業 | 1.33% | — | -31.65% | |
| 23 | SCI | Service CORP International | 股票-循環性消費 | 1.30% | -0.25% | -10.99% | |
| 24 | COR | Cencora Inc | 股票-醫療保健 | 1.30% | +0.17% | -6.72% | |
| 25 | ANET | Arista Networks Inc | 股票-科技 | 1.28% | — | -33.22% | |
| 26 | WMS | Advanced Drainage Systems In | 股票-工業 | 1.26% | +0.63% | -21.66% | |
| 27 | VRRM | Verra Mobility CORP | 股票-其他 | 1.22% | — | -21.25% | |
| 28 | HLI | Houlihan Lokey Inc | 股票-金融 | 1.22% | -0.15% | -29.91% | |
| 29 | CNM | Core & Main Inc-class A | 股票-工業 | 1.14% | -0.11% | -32.56% | |
| 30 | KEYS | Keysight Technologies In | 股票-科技 | 1.13% | -0.99% | EXIT | |
| 31 | PCTY | Paylocity Holding CORP | 股票-科技 | 1.13% | -0.26% | +29.44% | |
| 32 | HCA | Hca Healthcare Inc | 股票-醫療保健 | 1.12% | +1.00% | NEW | |
| 33 | QCOM | Qualcomm Inc | 股票-科技 | 1.12% | — | -46.64% | |
| 34 | TTC | Toro Co | 股票-工業 | 1.11% | — | -18.57% | |
| 35 | SNPS | Synopsys Inc | 股票-科技 | 1.09% | — | -21.34% | |
| 36 | ZTS | Zoetis Inc | 股票-醫療保健 | 1.08% | -0.52% | -21.61% | |
| 37 | MANH | Manhattan Associates Inc | 股票-科技 | 1.06% | -0.24% | -21.09% | |
| 38 | IT | Gartner Inc | 股票-科技 | 1.05% | — | — | |
| 39 | TSCO | Tractor Supply Company | 股票-循環性消費 | 1.05% | -0.24% | -25.21% | |
| 40 | SPGI | S&p Global Inc | 股票-金融 | 1.04% | -0.17% | -21.25% | |
| 41 | ODFL | Old Dominion Freight Line | 股票-工業 | 1.02% | — | — | |
| 42 | G | Genpact Limited | 股票-科技 | 1.01% | — | +9.51% | |
| 43 | CAT | Caterpillar Inc | 股票-工業 | 1.01% | — | -21.03% | |
| 44 | BR | Broadridge Financial Solutio | 股票-科技 | 0.98% | -0.08% | -16.37% | |
| 45 | HD | Home Depot Inc | 股票-循環性消費 | 0.97% | — | -21.69% | |
| 46 | BJ | Bj's Wholesale Club Holdings | 股票-非循環性消費 | 0.95% | -0.18% | +2.01% | |
| 47 | DECK | Deckers Outdoor CORP | 股票-循環性消費 | 0.95% | — | — | |
| 48 | POOL | Pool CORP | 股票-工業 | 0.94% | -0.97% | EXIT | |
| 49 | IDXX | Idexx Laboratories Inc | 股票-醫療保健 | 0.89% | — | -48.96% | |
| 50 | JKHY | Jack Henry & Associates Inc | 股票-科技 | 0.87% | — | +3.97% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | +1.6% | -27.66% | 減碼 |
| 2 | MSI | Motorola Solutions Inc | +1.4% | NEW | 新建倉 |
| 3 | IT | Gartner Inc | +1.1% | NEW | 新建倉 |
| 4 | ODFL | Old Dominion Freight Line | +1% | NEW | 新建倉 |
| 5 | AAPL | Apple Inc | +1% | +18.24% | 加碼 |
| 6 | DECK | Deckers Outdoor CORP | +1% | NEW | 新建倉 |
| 7 | META | Meta Platforms Inc-class A | +0.9% | -5.81% | 減碼 |
| 8 | BF-B | Brown-forman Corp-class B | +0.9% | NEW | 新建倉 |
| 9 | AON | Aon plc | +0.9% | +65.57% | 加碼 |
| 10 | MRSH | Marsh & Mclennan Cos | +0.6% | +40.37% | 加碼 |
| 11 | GOOGL | Alphabet Inc-cl A | +0.4% | -21.64% | 減碼 |
| 12 | AMZN | Amazon.com Inc | +0.4% | -21.48% | 減碼 |
| 13 | PCTY | Paylocity Holding CORP | +0.4% | +29.44% | 加碼 |
| 14 | LLY | Eli Lilly & Co | +0.4% | +8.37% | 加碼 |
| 15 | MSCI | Msci Inc | +0.4% | +8.96% | 加碼 |
| 16 | AVGO | Broadcom Inc | +0.3% | -40.30% | 減碼 |
| 17 | KEYS | Keysight Technologies In | +0.2% | -3.58% | 減碼 |
| 18 | COR | Cencora Inc | +0.2% | -6.72% | 減碼 |
| 19 | ORCL | Oracle CORP | +0.2% | -39.82% | 減碼 |
| 20 | JKHY | Jack Henry & Associates Inc | +0.2% | +3.97% | 加碼 |
| 21 | UBER | Uber Technologies Inc | +0.2% | -28.03% | 減碼 |
| 22 | SNPS | Synopsys Inc | +0.1% | -21.34% | 減碼 |
| 23 | G | Genpact Limited | +0.1% | +9.51% | 加碼 |
| 24 | BJ | Bj's Wholesale Club Holdings | +0.1% | +2.01% | 加碼 |
| 25 | TSM | Taiwan Semiconductor-sp Adr | +0.1% | -33.93% | 減碼 |
| 26 | SCI | Service CORP International | +0.1% | -10.99% | 減碼 |
| 27 | CAT | Caterpillar Inc | +0.1% | -21.03% | 減碼 |
| 28 | VRRM | Verra Mobility CORP | +0.1% | -21.25% | 減碼 |
| 29 | ANET | Arista Networks Inc | +0.1% | -33.22% | 減碼 |
| 30 | MANH | Manhattan Associates Inc | +0.1% | -21.09% | 減碼 |
| 31 | POOL | Pool CORP | 0% | -6.84% | 減碼 |
| 32 | TMO | Thermo Fisher Scientific Inc | 0% | +5.27% | 加碼 |
| 33 | CNM | Core & Main Inc-class A | 0% | -32.56% | 減碼 |
| 34 | MCO | Moody's CORP | 0% | -21.70% | 減碼 |
| 35 | BR | Broadridge Financial Solutio | — | -16.37% | 減碼 |
| 36 | AMGN | Amgen Inc | — | -7.15% | 減碼 |
| 37 | WMS | Advanced Drainage Systems In | 0% | -21.66% | 減碼 |
| 38 | COST | Costco Wholesale CORP | 0% | -22.20% | 減碼 |
| 39 | SPGI | S&p Global Inc | 0% | -21.25% | 減碼 |
| 40 | VEEV | Veeva Systems Inc-class A | 0% | -35.02% | 減碼 |
| 41 | CLH | Clean Harbors Inc | -0.1% | -31.65% | 減碼 |
| 42 | MTD | Mettler-toledo International | -0.1% | -21.18% | 減碼 |
| 43 | TTC | Toro Co | -0.1% | -18.57% | 減碼 |
| 44 | HD | Home Depot Inc | -0.1% | -21.69% | 減碼 |
| 45 | FISV | Fiserv Inc | -0.1% | +3.06% | 加碼 |
| 46 | HLI | Houlihan Lokey Inc | -0.1% | -29.91% | 減碼 |
| 47 | MSFT | Microsoft CORP | -0.1% | -37.79% | 減碼 |
| 48 | HCA | Hca Healthcare Inc | -0.1% | -30.48% | 減碼 |
| 49 | ZTS | Zoetis Inc | -0.1% | -21.61% | 減碼 |
| 50 | AXP | American Express Co | -0.2% | -40.78% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Bell Asset Management Ltd 在 Q2 2025 季度的美股持倉總市值約為 US$3.7億，共申報了 62 個公開持股部位。
在 Q2 2025 季度，Bell Asset Management Ltd 按市值排列的前三大核心持股分別為：NVDA (7.7%)、MSFT (6.9%)、GOOGL (6.5%)。其中最大持股部位 NVDA 佔據整體投資組合約 7.7% 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
MSI
市值: US$630.7萬
本季最大獲利了結 / 清倉標的
ADBE
前期市值: US$961.5萬
在 Q2 2025 季度中，Bell Asset Management Ltd 共進行了 71 項持倉異動，包含新建倉 5 個部位、加碼 12 個部位、減碼 45 個部位以及清倉 9 個部位。 其中最大新建倉標的為 MSI。 本季清倉部位包含 ADBE。
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。