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: 0000898286
申報總市值
US$701.9億
US$701.9億
539 檔
15.0%
在 Q3 2025 申報期間，Caisse De Depot Et Placement Du Quebec（CIK: 0000898286）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$701.9億，共持有 539 個公開申報部位。
Caisse De Depot Et Placement Du Quebec 於 Q3 2025 展現出進攻型調倉步調，本季推動了 14 檔股票的新建倉與 101 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 NVDA, MSFT, AAPL）累計市值佔比達 15.0%，是驅動 Caisse De Depot Et Placement Du Quebec 該季度整體投資組合績效表現的核心支柱。
僅顯示前 200 大持股（共 539 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 | 4.97% | -0.85% | +5.32% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 4.58% | +0.26% | +9.79% | |
| 3 | AAPL | Apple Inc | 股票-科技 | 4.38% | -0.66% | +6.22% | |
| 4 | GIB | Cgi Inc | 股票-科技 | 2.62% | -0.40% | — | |
| 5 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 2.37% | -0.39% | -1.95% | |
| 6 | CNI | Canadian Natl Railway Co | 股票-工業 | 2.36% | +0.13% | +1.14% | |
| 7 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 2.16% | +0.10% | +8.61% | |
| 8 | AMZN | Amazon.com Inc | 股票-循環性消費 | 1.89% | — | +10.72% | |
| 9 | CAE | Cae Inc | 股票-其他 | 1.65% | -0.19% | — | |
| 10 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 1.44% | +0.02% | +16.27% | |
| 11 | BCE | Bce Inc | 股票-通訊服務 | 1.44% | -0.32% | +9.73% | |
| 12 | AVGO | Broadcom Inc | 股票-科技 | 1.42% | -0.11% | +12.61% | |
| 13 | MA | Mastercard Inc - A | 股票-金融 | 1.34% | -0.23% | -2.79% | |
| 14 | BMO | Bank Of Montreal | 股票-金融 | 1.27% | +0.19% | — | |
| 15 | JNJ | Johnson & Johnson | 股票-醫療保健 | 1.18% | -0.35% | +8.25% | |
| 16 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.06% | -0.13% | +6.00% | |
| 17 | CSCO | Cisco Systems Inc | 股票-科技 | 1.05% | +0.10% | +11.86% | |
| 18 | TFII | Tfi International Inc | 股票-其他 | 0.90% | +0.06% | +40.01% | |
| 19 | XLV | Ss Health Care Select Sector | ETF-其他 | 0.84% | -0.12% | -13.06% | |
| 20 | NFLX | Netflix Inc | 股票-通訊服務 | 0.79% | -0.19% | +9.55% | |
| 21 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.78% | +0.37% | +4.44% | |
| 22 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.78% | -0.16% | +9.13% | |
| 23 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.72% | +0.08% | +7.85% | |
| 24 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.71% | +0.02% | -1.29% | |
| 25 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.70% | -0.17% | +14.31% | |
| 26 | PEP | Pepsico Inc | 股票-非循環性消費 | 0.66% | -0.39% | +151.72% | |
| 27 | TSLA | Tesla Inc | 股票-循環性消費 | 0.65% | +0.10% | +12.14% | |
| 28 | LRCX | Lam Research CORP | 股票-科技 | 0.62% | +0.63% | +164.03% | |
| 29 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.61% | +0.03% | +19.32% | |
| 30 | DUK | Duke Energy CORP | 股票-公用事業 | 0.58% | +0.02% | +19.15% | |
| 31 | PGR | Progressive CORP | 股票-金融 | 0.57% | +0.18% | +11.24% | |
| 32 | T | At&t Inc | 股票-通訊服務 | 0.55% | -0.28% | +11.60% | |
| 33 | RSG | Republic Services Inc | 股票-工業 | 0.55% | +0.01% | NEW | |
| 34 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 0.52% | +0.25% | +29.77% | |
| 35 | RY | Royal Bank Of Canada | 股票-金融 | 0.52% | +0.03% | — | |
| 36 | USHY | Ishares Broad Usd High Yield | ETF-非投資等級債 | 0.51% | -0.06% | — | |
| 37 | LSPD | Lightspeed Commerce Inc | 股票-其他 | 0.51% | +0.01% | — | |
| 38 | BAC | Bank Of America CORP | 股票-金融 | 0.51% | -0.25% | +17.76% | |
| 39 | XLP | Ss Consumer Staples Sel Sect | ETF-其他 | 0.50% | +0.11% | +75.35% | |
| 40 | LQD | Ishr Ibx Usd Invgd Cb Etf-ui | ETF-投資等級公司債 | 0.50% | — | — | |
| 41 | COR | Cencora Inc | 股票-醫療保健 | 0.50% | +0.11% | -3.81% | |
| 42 | CRM | Salesforce Inc | 股票-科技 | 0.49% | -0.18% | +34.77% | |
| 43 | ADBE | Adobe Inc | 股票-科技 | 0.49% | -0.04% | +29.10% | |
| 44 | REGN | Regeneron Pharmaceuticals | 股票-醫療保健 | 0.47% | -0.19% | +115.40% | |
| 45 | ANET | Arista Networks Inc | 股票-科技 | 0.45% | -0.02% | -0.16% | |
| 46 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 0.45% | +0.05% | -7.96% | |
| 47 | WFC | Wells Fargo & Co | 股票-金融 | 0.42% | +0.01% | -9.23% | |
| 48 | AZO | Autozone Inc | 股票-循環性消費 | 0.42% | -0.05% | +22.16% | |
| 49 | UBER | Uber Technologies Inc | 股票-工業 | 0.40% | -0.12% | +18.14% | |
| 50 | BRO | Brown & Brown Inc | 股票-金融 | 0.40% | -0.01% | EXIT |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | +2.2% | +5.32% | 加碼 |
| 2 | MSFT | Microsoft CORP | +1.2% | +9.79% | 加碼 |
| 3 | GOOGL | Alphabet Inc-cl A | +0.7% | -1.95% | 加碼 |
| 4 | XLV | Ss Health Care Select Sector | +0.7% | -13.06% | 加碼 |
| 5 | AAPL | Apple Inc | +0.6% | +6.22% | 加碼 |
| 6 | LQD | Ishr Ibx Usd Invgd Cb Etf-ui | +0.5% | — | 加碼 |
| 7 | AVGO | Broadcom Inc | +0.5% | +12.61% | 減碼 |
| 8 | LRCX | Lam Research CORP | +0.5% | +164.03% | 加碼 |
| 9 | PEP | Pepsico Inc | +0.4% | +151.72% | 加碼 |
| 10 | BRO | Brown & Brown Inc | +0.4% | -4.05% | 加碼 |
| 11 | XLP | Ss Consumer Staples Sel Sect | +0.3% | +75.35% | 加碼 |
| 12 | TFII | Tfi International Inc | +0.3% | +40.01% | 加碼 |
| 13 | ULTA | Ulta Beauty Inc | +0.3% | +249.82% | 加碼 |
| 14 | EMB | Ishares Jp Morgan Usd Emergi | +0.3% | +78.38% | 加碼 |
| 15 | TMO | Thermo Fisher Scientific Inc | +0.2% | +12110.16% | 加碼 |
| 16 | ORCL | Oracle CORP | +0.2% | +12.84% | 加碼 |
| 17 | EXPD | Expeditors Intl Wash Inc | +0.2% | +59.44% | 加碼 |
| 18 | BCE | Bce Inc | +0.2% | +9.73% | 加碼 |
| 19 | TMUS | T-mobile US Inc | +0.2% | +77.75% | 加碼 |
| 20 | CEG | Constellation Energy | +0.2% | +90.66% | 加碼 |
| 21 | TSLA | Tesla Inc | +0.2% | +12.14% | 減碼 |
| 22 | TD | Toronto-dominion Bank | +0.2% | +70.09% | 加碼 |
| 23 | ITW | Illinois Tool Works | +0.2% | +292.97% | 加碼 |
| 24 | ANET | Arista Networks Inc | +0.2% | -0.16% | 加碼 |
| 25 | KR | Kroger Co | +0.2% | +49.40% | 加碼 |
| 26 | MU | Micron Technology Inc | +0.2% | +221.07% | 加碼 |
| 27 | CF | Cf Industries Holdings Inc | +0.2% | +52.39% | 加碼 |
| 28 | FFIV | F5 Inc | +0.2% | +169.17% | 加碼 |
| 29 | COF | Capital One Financial CORP | +0.2% | +30.86% | 加碼 |
| 30 | GGG | Graco Inc | +0.2% | +236.39% | 加碼 |
| 31 | BMO | Bank Of Montreal | +0.2% | — | 不變 |
| 32 | INTU | Intuit Inc | +0.2% | +88.35% | 加碼 |
| 33 | NEE | Nextera Energy Inc | +0.2% | +22.65% | 加碼 |
| 34 | REGN | Regeneron Pharmaceuticals | +0.2% | +115.40% | 加碼 |
| 35 | HST | Host Hotels & Resorts Inc | +0.2% | +475.80% | 加碼 |
| 36 | CSCO | Cisco Systems Inc | +0.2% | +11.86% | 加碼 |
| 37 | BN | Brookfield CORP | +0.2% | +36.34% | 加碼 |
| 38 | APP | Applovin Corp-class A | +0.2% | -11.36% | 加碼 |
| 39 | META | Meta Platforms Inc-class A | +0.2% | +8.61% | 減碼 |
| 40 | DUK | Duke Energy CORP | +0.2% | +19.15% | 加碼 |
| 41 | INCY | Incyte CORP | +0.2% | +264.55% | 加碼 |
| 42 | HAL | Halliburton Co | +0.2% | +163.84% | 加碼 |
| 43 | CTSH | Cognizant Tech Solutions-a | +0.2% | +37.38% | 加碼 |
| 44 | SLB | Slb LTD | +0.2% | +10422.12% | 加碼 |
| 45 | DLTR | Dollar Tree Inc | +0.2% | +1334.25% | 加碼 |
| 46 | CME | Cme Group Inc | +0.2% | +6578.99% | 加碼 |
| 47 | BAC | Bank Of America CORP | +0.1% | +17.76% | 加碼 |
| 48 | TROW | T Rowe Price Group Inc | +0.1% | +81.02% | 加碼 |
| 49 | PYPL | Paypal Holdings Inc | +0.1% | +15.75% | 加碼 |
| 50 | WSM | Williams-sonoma Inc | +0.1% | -26.25% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Caisse De Depot Et Placement Du Quebec 在 Q3 2025 季度的美股持倉總市值約為 US$701.9億，共申報了 539 個公開持股部位。
在 Q3 2025 季度，Caisse De Depot Et Placement Du Quebec 按市值排列的前三大核心持股分別為：NVDA (5.0%)、MSFT (4.6%)、AAPL (4.4%)。其中最大持股部位 NVDA 佔據整體投資組合約 5.0% 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
USHY
市值: US$2.9億
本季最大獲利了結 / 清倉標的
VTV
前期市值: US$8.4億
在 Q3 2025 季度中，Caisse De Depot Et Placement Du Quebec 共進行了 197 項持倉異動，包含新建倉 14 個部位、加碼 101 個部位、減碼 65 個部位以及清倉 17 個部位。 其中最大新建倉標的為 USHY。 本季清倉部位包含 VTV。
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。