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: 0001166588
申報總市值
US$2888.7億
US$2888.7億
4746 檔
0.1%
在 Q3 2025 申報期間，BNP Paribas Financial Markets（CIK: 0001166588）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$2888.7億，共持有 4746 個公開申報部位。
數據顯示 BNP Paribas Financial Markets 於 Q3 2025 季度持續回收資金，對 128 個既有部位進行裁減並清倉 2 個標的，組合整體流動性比重有所上升。
在資產配置集中度方面，BNP Paribas Financial Markets 的前 5 大核心持股（包含 NVDA, IWM, TSLA 等）合計佔整體申報市值的 0.1%，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 4746 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 | NVDA | Nvidia CORP | 股票-科技 | 4.40% | -1.12% | -31.01% | |
| 2 | IWM | Ishares Russell 2000 ETF | ETF-中小型股 | 3.88% | -0.24% | +5.79% | |
| 3 | TSLA | Tesla Inc | 股票-循環性消費 | 3.40% | -0.63% | +6.48% | |
| 4 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 3.13% | +1.99% | +27.27% | |
| 5 | MSFT | Microsoft CORP | 股票-科技 | 2.89% | -1.57% | -24.49% | |
| 6 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.33% | -0.22% | +10.35% | |
| 7 | AAPL | Apple Inc | 股票-科技 | 2.28% | -0.31% | -40.68% | |
| 8 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 2.20% | -0.45% | +6.12% | |
| 9 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 2.19% | +5.27% | +54.56% | |
| 10 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 1.80% | +0.17% | -20.20% | |
| 11 | AVGO | Broadcom Inc | 股票-科技 | 1.61% | -0.40% | -47.71% | |
| 12 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.45% | -0.19% | +14.19% | |
| 13 | AMD | Advanced Micro Devices | 股票-科技 | 1.21% | +1.41% | -20.25% | |
| 14 | IVV | Ishares Core S&p 500 ETF | ETF-大型股與成長 | 1.14% | -0.15% | +1.95% | |
| 15 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.96% | -0.42% | -48.15% | |
| 16 | BAC | Bank Of America CORP | 股票-金融 | 0.71% | -0.14% | +2.32% | |
| 17 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 0.71% | +0.09% | -32.79% | |
| 18 | SMH | Vaneck Semiconductor ETF | ETF-其他 | 0.64% | +1.19% | -31.85% | |
| 19 | EEM | Ishares Msci Emerging Market | ETF-新興市場 | 0.62% | -0.11% | -21.14% | |
| 20 | GE | General Electric | 股票-工業 | 0.60% | +0.17% | -44.33% | |
| 21 | MU | Micron Technology Inc | 股票-科技 | 0.59% | +4.11% | +9.50% | |
| 22 | CSCO | Cisco Systems Inc | 股票-科技 | 0.58% | +0.05% | +11.40% | |
| 23 | C | Citigroup Inc | 股票-金融 | 0.55% | -0.03% | +93.42% | |
| 24 | XOM | Exxon Mobil CORP | 股票-能源 | 0.54% | -0.15% | +4.76% | |
| 25 | NFLX | Netflix Inc | 股票-通訊服務 | 0.53% | -0.11% | -4.43% | |
| 26 | AMAT | Applied Materials Inc | 股票-科技 | 0.49% | +0.07% | -21.94% | |
| 27 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.47% | -0.05% | +13.25% | |
| 28 | ORCL | Oracle CORP | 股票-科技 | 0.47% | -0.26% | -29.02% | |
| 29 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.47% | -0.14% | -7.76% | |
| 30 | V | Visa Inc-class A Shares | 股票-金融 | 0.46% | -0.01% | -7.47% | |
| 31 | XLK | Ss Technology Select Sector | ETF-科技型 | 0.46% | +0.02% | +985.54% | |
| 32 | MS | Morgan Stanley | 股票-金融 | 0.45% | +0.02% | +81.48% | |
| 33 | CVX | Chevron CORP | 股票-能源 | 0.42% | -0.11% | +11.60% | |
| 34 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 0.41% | -0.21% | -5.72% | |
| 35 | PDD | Pdd Holdings Inc | 股票-循環性消費 | 0.41% | -0.12% | -7.89% | |
| 36 | QCOM | Qualcomm Inc | 股票-科技 | 0.41% | +0.03% | +0.66% | |
| 37 | ADI | Analog Devices Inc | 股票-科技 | 0.39% | -0.20% | -5.45% | |
| 38 | TXN | Texas Instruments Inc | 股票-科技 | 0.38% | -0.17% | -15.95% | |
| 39 | XLE | Ss Energy Select Sector | ETF-其他 | 0.37% | -0.14% | -41.29% | |
| 40 | ADBE | Adobe Inc | 股票-科技 | 0.37% | -0.08% | +30.81% | |
| 41 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.35% | — | -42.65% | |
| 42 | LRCX | Lam Research CORP | 股票-科技 | 0.35% | +0.17% | -36.45% | |
| 43 | GLD | Spdr Gold Shares | ETF-避險與商品 | 0.34% | -0.32% | +25.81% | |
| 44 | CRM | Salesforce Inc | 股票-科技 | 0.34% | -0.23% | +21.15% | |
| 45 | AXP | American Express Co | 股票-金融 | 0.33% | -0.08% | +19.27% | |
| 46 | FLUT | Flutter Entertainment plc | 股票-循環性消費 | 0.32% | — | +10.05% | |
| 47 | WFC | Wells Fargo & Co | 股票-金融 | 0.32% | -0.08% | -5.43% | |
| 48 | XBI | Ss Spdr S&p Biotech ETF | ETF-科技型 | 0.32% | -0.31% | -21.62% | |
| 49 | TLT | Ishares 20+ Year Treasury Bd | ETF-政府公債 | 0.31% | +0.06% | -32.92% | |
| 50 | HYG | Ishr Ibx Usd Hiyld Cb Etf-ui | ETF-非投資等級債 | 0.31% | -0.54% | -40.12% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | IWM | Ishares Russell 2000 ETF | +2% | +5.79% | 減碼 |
| 2 | QQQ | Invesco Qqq Trust Series 1 | +1.7% | +27.27% | 減碼 |
| 3 | TSLA | Tesla Inc | +1.4% | +6.48% | 減碼 |
| 4 | NVDA | Nvidia CORP | +0.7% | -31.01% | 減碼 |
| 5 | SPY | Ss Spdr S&p 500 ETF Trust-us | +0.7% | +54.56% | 加碼 |
| 6 | META | Meta Platforms Inc-class A | +0.5% | +6.12% | 加碼 |
| 7 | JPM | Jpmorgan Chase & Co | +0.5% | +14.19% | 加碼 |
| 8 | IVV | Ishares Core S&p 500 ETF | +0.4% | +1.95% | 加碼 |
| 9 | GOOGL | Alphabet Inc-cl A | +0.4% | -20.20% | 減碼 |
| 10 | XLK | Ss Technology Select Sector | +0.3% | +985.54% | 加碼 |
| 11 | AVGO | Broadcom Inc | +0.3% | -47.71% | 減碼 |
| 12 | MU | Micron Technology Inc | +0.3% | +9.50% | 減碼 |
| 13 | C | Citigroup Inc | +0.2% | +93.42% | 加碼 |
| 14 | PLTR | Palantir Technologies Inc-a | +0.2% | -5.72% | 減碼 |
| 15 | WDC | Western Digital CORP | +0.2% | +13.47% | 加碼 |
| 16 | SMH | Vaneck Semiconductor ETF | +0.2% | -31.85% | 減碼 |
| 17 | MS | Morgan Stanley | +0.2% | +81.48% | 加碼 |
| 18 | DASH | Doordash Inc - A | +0.2% | +7.79% | 加碼 |
| 19 | XLU | St Sr Utl Sl Se Spdr Etf-usd | +0.2% | +9.83% | 加碼 |
| 20 | COIN | Coinbase Global Inc -class A | +0.2% | -0.38% | 減碼 |
| 21 | BAC | Bank Of America CORP | +0.1% | +2.32% | 減碼 |
| 22 | ORCL | Oracle CORP | +0.1% | -29.02% | 減碼 |
| 23 | CCL1EUR | Carnival CORP LTD | +0.1% | +164.64% | 加碼 |
| 24 | SE | Sea Ltd-adr | +0.1% | +41.80% | 加碼 |
| 25 | TLT | Ishares 20+ Year Treasury Bd | +0.1% | -32.92% | 減碼 |
| 26 | LULU | Lululemon Athletica Inc | +0.1% | +223.16% | 加碼 |
| 27 | APP | Applovin Corp-class A | +0.1% | +43.24% | 加碼 |
| 28 | CMA | Comerica Inc | +0.1% | +257.71% | 加碼 |
| 29 | GDX | Vaneck Gold Miners ETF | +0.1% | +215.29% | 減碼 |
| 30 | ASHR | Xtrackers Harvest Csi 300 Ch | +0.1% | +46.94% | 加碼 |
| 31 | ALAB | Astera Labs Inc | +0.1% | +577.32% | 加碼 |
| 32 | HOOD | Robinhood Markets Inc - A | +0.1% | +43.53% | 加碼 |
| 33 | QCOM | Qualcomm Inc | +0.1% | +0.66% | 加碼 |
| 34 | SMCI | Super Micro Computer Inc | +0.1% | +28.35% | 加碼 |
| 35 | BE | Bloom Energy Corp- A | +0.1% | +12.41% | 加碼 |
| 36 | ITA | Ishares U.s. Aerospace & Def | +0.1% | +49.66% | 加碼 |
| 37 | KWEB | Kranesh Csi China Internet | +0.1% | +82.53% | 加碼 |
| 38 | GEV | GE Vernova Inc | +0.1% | +38.95% | 減碼 |
| 39 | IBB | Ishares Biotechnology ETF | +0.1% | +313.18% | 加碼 |
| 40 | ITB | Ishares U.s. Home Constructi | +0.1% | +509.41% | 加碼 |
| 41 | NKE | Nike Inc -cl B | +0.1% | -12.68% | 加碼 |
| 42 | XLB | Ss Materials Select Sector | +0.1% | -20.24% | 加碼 |
| 43 | GOOG | Alphabet Inc-cl C | +0.1% | -48.15% | 減碼 |
| 44 | TMUS | T-mobile US Inc | +0.1% | +31.03% | 加碼 |
| 45 | ARKK | Ark Innovation ETF | +0.1% | -31.42% | 減碼 |
| 46 | IGV | Ishares Expanded Tech-softwa | +0.1% | +480.72% | 加碼 |
| 47 | CRDO | Credo Technology Group Holding Ltd | +0.1% | +95.64% | 加碼 |
| 48 | NIO | Nio Inc - Adr | +0.1% | +874.53% | 加碼 |
| 49 | VTV | Vanguard Value ETF | +0.1% | +3.11% | 加碼 |
| 50 | LITE | Lumentum Holdings Inc | +0.1% | +188.64% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，BNP Paribas Financial Markets 在 Q3 2025 季度的美股持倉總市值約為 US$2888.7億，共申報了 4746 個公開持股部位。
在 Q3 2025 季度，BNP Paribas Financial Markets 按市值排列的前三大核心持股分別為：NVDA (4.4%)、IWM (3.9%)、TSLA (3.4%)。其中最大持股部位 NVDA 佔據整體投資組合約 4.4% 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
NBIS
市值: US$1.9億
本季最大獲利了結 / 清倉標的
DFSEUR
前期市值: US$1.1億
在 Q3 2025 季度中，BNP Paribas Financial Markets 共進行了 200 項持倉異動，包含新建倉 4 個部位、加碼 66 個部位、減碼 128 個部位以及清倉 2 個部位。 其中最大新建倉標的為 NBIS。 本季清倉部位包含 DFSEUR。
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。