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: 0000940445
申報總市值
US$37.1億
US$37.1億
573 檔
15.7%
Burney Co/ 在 Q2 2025 季度的美股部位總計估值為 US$37.1億，分散於 573 個持倉標的之中，反映其市場參與廣度與投資規模。
Burney Co/ 於 Q2 2025 展現出進攻型調倉步調，本季推動了 6 檔股票的新建倉與 22 檔既有部位加碼，整體資金傾向擴大在美股市場的曝險佈局。
從部位權重觀察，前 5 大標的（包含 BRNY, AAPL, VGIT）累計市值佔比達 15.7%，是驅動 Burney Co/ 該季度整體投資組合績效表現的核心支柱。
本季最大新建倉標的
LPLA
市值: US$1118.8萬
本季最大獲利了結 / 清倉標的
DFSEUR
前期市值: US$3010.1萬
僅顯示前 200 大持股（共 573 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 | BRNY | Burney US Factor Rotation | ETF-其他 | 10.40% | +1.02% | +3.09% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 2.89% | +0.02% | -1.86% | |
| 3 | VGIT | Vanguard Intermediate-term T | ETF-其他 | 2.48% | -0.14% | +1.95% | |
| 4 | MSFT | Microsoft CORP | 股票-科技 | 2.13% | -0.13% | +2.00% | |
| 5 | COF | Capital One Financial CORP | 股票-金融 | 1.80% | -0.02% | +210.47% | |
| 6 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.71% | -0.51% | -10.81% | |
| 7 | NVDA | Nvidia CORP | 股票-科技 | 1.68% | +0.31% | -15.80% | |
| 8 | AVGO | Broadcom Inc | 股票-科技 | 1.62% | +0.01% | -3.88% | |
| 9 | MCK | Mckesson CORP | 股票-醫療保健 | 1.51% | -0.55% | -1.22% | |
| 10 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 1.45% | +0.17% | -11.68% | |
| 11 | ANET | Arista Networks Inc | 股票-科技 | 1.31% | +0.40% | +0.02% | |
| 12 | NFLX | Netflix Inc | 股票-通訊服務 | 1.25% | -0.08% | +52.39% | |
| 13 | PH | Parker Hannifin CORP | 股票-工業 | 1.19% | -0.44% | -4.67% | |
| 14 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.14% | -0.04% | +0.60% | |
| 15 | LRCX | Lam Research CORP | 股票-科技 | 1.07% | +0.82% | +10.36% | |
| 16 | ALSN | Allison Transmission Holding | 股票-循環性消費 | 1.04% | -0.16% | -1.64% | |
| 17 | CBOE | Cboe Global Markets Inc | 股票-金融 | 1.03% | -0.16% | +1782.69% | |
| 18 | COR | Cencora Inc | 股票-醫療保健 | 1.02% | -0.19% | -8.84% | |
| 19 | ADSK | Autodesk Inc | 股票-科技 | 0.93% | -0.10% | +71.14% | |
| 20 | AZO | Autozone Inc | 股票-循環性消費 | 0.89% | -0.13% | -3.06% | |
| 21 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.88% | -0.07% | -2.83% | |
| 22 | AMZN | Amazon.com Inc | 股票-循環性消費 | 0.88% | +0.43% | -0.78% | |
| 23 | DFIC | Dimensional International Co | ETF-其他 | 0.86% | -0.02% | -0.02% | |
| 24 | FICO | Fair Isaac CORP | 股票-科技 | 0.86% | -0.02% | -3.10% | |
| 25 | DRI | Darden Restaurants Inc | 股票-循環性消費 | 0.85% | — | +4802.22% | |
| 26 | KLAC | Kla CORP | 股票-科技 | 0.79% | +0.30% | +4.12% | |
| 27 | FTNT | Fortinet Inc | 股票-科技 | 0.78% | +0.16% | -42.75% | |
| 28 | PANW | Palo Alto Networks Inc | 股票-科技 | 0.78% | +0.10% | -0.14% | |
| 29 | QCOM | Qualcomm Inc | 股票-科技 | 0.78% | -0.02% | -40.96% | |
| 30 | UGI | Ugi CORP | 股票-公用事業 | 0.77% | -0.14% | -0.86% | |
| 31 | TJX | Tjx Companies Inc | 股票-循環性消費 | 0.76% | -0.16% | -4.00% | |
| 32 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.75% | +0.08% | -5.08% | |
| 33 | HWM | Howmet Aerospace Inc | 股票-工業 | 0.74% | -0.03% | +11.07% | |
| 34 | ORCL | Oracle CORP | 股票-科技 | 0.73% | -0.05% | -3.19% | |
| 35 | APH | Amphenol Corp-cl A | 股票-科技 | 0.69% | +0.13% | -0.62% | |
| 36 | VOO | Vanguard S&p 500 ETF | ETF-大型股與成長 | 0.68% | — | -0.07% | |
| 37 | TRGP | Targa Resources CORP | 股票-能源 | 0.65% | -0.06% | +1.55% | |
| 38 | RTX | Rtx CORP | 股票-工業 | 0.65% | -0.16% | +7.53% | |
| 39 | GPI | Group 1 Automotive Inc | 股票-循環性消費 | 0.64% | -0.09% | -11.38% | |
| 40 | CORT | Corcept Therapeutics Inc | 股票-醫療保健 | 0.62% | — | -6.10% | |
| 41 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 0.61% | -0.08% | +1.54% | |
| 42 | EXEL | Exelixis Inc | 股票-醫療保健 | 0.61% | -0.10% | +1.22% | |
| 43 | VRTX | Vertex Pharmaceuticals Inc | 股票-醫療保健 | 0.59% | -0.04% | +0.84% | |
| 44 | SSNC | Ss&c Technologies Holdings | 股票-科技 | 0.56% | -0.07% | -0.55% | |
| 45 | SCHW | Schwab (charles) CORP | 股票-金融 | 0.55% | -0.06% | +99.73% | |
| 46 | CSCO | Cisco Systems Inc | 股票-科技 | 0.55% | +0.07% | -44.16% | |
| 47 | WMT | Walmart Inc | 股票-非循環性消費 | 0.50% | -0.10% | -27.34% | |
| 48 | TMHC | Taylor Morrison Home CORP | 股票-循環性消費 | 0.49% | -0.13% | +1.00% | |
| 49 | UHS | Universal Health Services-b | 股票-醫療保健 | 0.47% | -0.17% | +163.54% | |
| 50 | OHI | Omega Healthcare Investors | 股票-房地產 | 0.46% | -0.12% | +31.70% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | COF | Capital One Financial CORP | +1.3% | +210.47% | 加碼 |
| 2 | CBOE | Cboe Global Markets Inc | +1% | +1782.69% | 加碼 |
| 3 | DRI | Darden Restaurants Inc | +0.8% | +4802.22% | 加碼 |
| 4 | BRNY | Burney US Factor Rotation | +0.8% | +3.09% | 加碼 |
| 5 | NFLX | Netflix Inc | +0.6% | +52.39% | 加碼 |
| 6 | AVGO | Broadcom Inc | +0.5% | -3.88% | 減碼 |
| 7 | MSFT | Microsoft CORP | +0.4% | +2.00% | 加碼 |
| 8 | ADSK | Autodesk Inc | +0.4% | +71.14% | 加碼 |
| 9 | LPLA | Lpl Financial Holdings Inc | +0.4% | NEW | 新建倉 |
| 10 | YUM | Yum! Brands Inc | +0.4% | +943.49% | 加碼 |
| 11 | OFG | Ofg Bancorp | +0.4% | NEW | 新建倉 |
| 12 | CNC | Centene CORP | +0.3% | +557.48% | 加碼 |
| 13 | IDCC | Interdigital Inc | +0.3% | +2071.16% | 加碼 |
| 14 | SCHW | Schwab (charles) CORP | +0.3% | +99.73% | 加碼 |
| 15 | LRCX | Lam Research CORP | +0.3% | +10.36% | 加碼 |
| 16 | EXPD | Expeditors Intl Wash Inc | +0.3% | NEW | 新建倉 |
| 17 | WTS | Watts Water Technologies-a | +0.3% | NEW | 新建倉 |
| 18 | CRUS | Cirrus Logic Inc | +0.3% | +733.56% | 加碼 |
| 19 | MDLZ | Mondelez International Inc-a | +0.3% | +1633.97% | 加碼 |
| 20 | UHS | Universal Health Services-b | +0.3% | +163.54% | 加碼 |
| 21 | ANET | Arista Networks Inc | +0.2% | +0.02% | 加碼 |
| 22 | HWM | Howmet Aerospace Inc | +0.2% | +11.07% | 加碼 |
| 23 | NVDA | Nvidia CORP | +0.2% | -15.80% | 減碼 |
| 24 | ORCL | Oracle CORP | +0.2% | -3.19% | 減碼 |
| 25 | FOXA | Fox CORP - Class A | +0.2% | NEW | 新建倉 |
| 26 | APH | Amphenol Corp-cl A | +0.2% | -0.62% | 減碼 |
| 27 | FNV | Franco-nevada CORP | +0.2% | NEW | 新建倉 |
| 28 | KLAC | Kla CORP | +0.2% | +4.12% | 加碼 |
| 29 | BNY | Bank Of New York Mellon CORP | +0.2% | +68.49% | 加碼 |
| 30 | JLL | Jones Lang Lasalle Inc | +0.2% | +2303.24% | 加碼 |
| 31 | CF | Cf Industries Holdings Inc | +0.2% | +645.62% | 加碼 |
| 32 | JPM | Jpmorgan Chase & Co | +0.1% | +0.60% | 加碼 |
| 33 | META | Meta Platforms Inc-class A | +0.1% | -10.81% | 減碼 |
| 34 | BKR | Baker Hughes Co | -0.2% | -91.67% | 減碼 |
| 35 | LIN | Linde plc | -0.3% | -81.09% | 減碼 |
| 36 | IRM | Iron Mountain Inc | -0.3% | -56.09% | 減碼 |
| 37 | BRBR | Bellring Brands Inc | -0.3% | -31.04% | 減碼 |
| 38 | ACGL | Arch Capital Group Ltd. | -0.3% | -90.44% | 減碼 |
| 39 | PTGX | Protagonist Therapeutics Inc | -0.4% | -96.87% | 減碼 |
| 40 | UNH | Unitedhealth Group Inc | -0.4% | -17.28% | 減碼 |
| 41 | CSCO | Cisco Systems Inc | -0.4% | -44.16% | 減碼 |
| 42 | LULU | Lululemon Athletica Inc | -0.4% | -94.50% | 減碼 |
| 43 | G | Genpact Limited | -0.4% | -49.18% | 減碼 |
| 44 | LOW | Lowe's Cos Inc | -0.5% | -56.22% | 減碼 |
| 45 | CORT | Corcept Therapeutics Inc | -0.5% | -6.10% | 減碼 |
| 46 | AAPL | Apple Inc | -0.5% | -1.86% | 減碼 |
| 47 | FTNT | Fortinet Inc | -0.6% | -42.75% | 減碼 |
| 48 | QCOM | Qualcomm Inc | -0.6% | -40.96% | 減碼 |
| 49 | MCO | Moody's CORP | -0.9% | -90.37% | 減碼 |
| 50 | DFSEUR | Discover Financial Services | -1.1% | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Burney Co/ 在 Q2 2025 季度的美股持倉總市值約為 US$37.1億，共申報了 573 個公開持股部位。
在 Q2 2025 季度，Burney Co/ 按市值排列的前三大核心持股分別為：BRNY (10.4%)、AAPL (2.9%)、VGIT (2.5%)。其中最大持股部位 BRNY 佔據整體投資組合約 10.4% 的權重。
在 Q2 2025 季度中，Burney Co/ 共進行了 50 項持倉異動，包含新建倉 6 個部位、加碼 22 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 LPLA。 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。
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。
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。