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: 0001081019
申報總市值
US$7820.1億
US$7820.1億
2957 檔
2.8%
California State Teachers Retirement System 在 Q2 2025 季度的美股部位總計估值為 US$7820.1億，分散於 2957 個持倉標的之中，反映其市場參與廣度與投資規模。
Q2 2025 數據顯示 California State Teachers Retirement System 積極進場，新開立 3 個部位並同步加碼 136 檔個股，反映機構在該季度的資金注入與籌碼積累。
在資產配置集中度方面，California State Teachers Retirement System 的前 5 大核心持股（包含 NVDA, MSFT, AAPL 等）合計佔整體申報市值的 2.8%，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 2957 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 | 6.70% | -2.29% | +0.23% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 6.13% | -2.83% | +0.67% | |
| 3 | AAPL | Apple Inc | 股票-科技 | 5.37% | -3.13% | +0.26% | |
| 4 | AMZN | Amazon.com Inc | 股票-循環性消費 | 3.66% | -1.33% | +1.68% | |
| 5 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 2.82% | -1.56% | +1.03% | |
| 6 | AVGO | Broadcom Inc | 股票-科技 | 2.15% | -1.36% | +1.08% | |
| 7 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 1.84% | -1.57% | +2.53% | |
| 8 | TSLA | Tesla Inc | 股票-循環性消費 | 1.60% | -1.13% | +0.94% | |
| 9 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 1.48% | -1.31% | -2.87% | |
| 10 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.41% | -0.77% | -0.42% | |
| 11 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 1.14% | -0.78% | +2.58% | |
| 12 | LLY | Eli Lilly & Co | 股票-醫療保健 | 1.09% | -1.02% | +0.39% | |
| 13 | V | Visa Inc-class A Shares | 股票-金融 | 1.07% | -0.49% | +0.35% | |
| 14 | NFLX | Netflix Inc | 股票-通訊服務 | 1.00% | +0.16% | +0.32% | |
| 15 | MA | Mastercard Inc - A | 股票-金融 | 0.80% | -0.52% | +0.09% | |
| 16 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.78% | -0.63% | +0.45% | |
| 17 | WMT | Walmart Inc | 股票-非循環性消費 | 0.75% | -0.03% | -0.39% | |
| 18 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.66% | -0.49% | +1.70% | |
| 19 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.66% | -0.10% | +0.10% | |
| 20 | ORCL | Oracle CORP | 股票-科技 | 0.64% | -0.07% | +1.56% | |
| 21 | HD | Home Depot Inc | 股票-循環性消費 | 0.63% | -0.33% | +0.29% | |
| 22 | XOM | Exxon Mobil CORP | 股票-能源 | 0.62% | -0.23% | -1.15% | |
| 23 | BAC | Bank Of America CORP | 股票-金融 | 0.59% | +0.78% | +6.28% | |
| 24 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.57% | -0.27% | +0.17% | |
| 25 | KO | Coca-cola Co/the | 股票-非循環性消費 | 0.52% | +0.24% | +0.54% | |
| 26 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 0.51% | -0.11% | +3.41% | |
| 27 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 0.49% | -0.22% | -0.40% | |
| 28 | CSCO | Cisco Systems Inc | 股票-科技 | 0.49% | +0.28% | -0.36% | |
| 29 | IBM | Intl Business Machines CORP | 股票-科技 | 0.48% | -0.18% | +0.52% | |
| 30 | GE | General Electric | 股票-工業 | 0.48% | -0.28% | -2.19% | |
| 31 | WFC | Wells Fargo & Co | 股票-金融 | 0.45% | +0.19% | -0.59% | |
| 32 | CRM | Salesforce Inc | 股票-科技 | 0.45% | -0.13% | +1.19% | |
| 33 | ABT | Abbott Laboratories | 股票-醫療保健 | 0.41% | +0.06% | -0.34% | |
| 34 | AMD | Advanced Micro Devices | 股票-科技 | 0.40% | -0.21% | +0.86% | |
| 35 | DIS | Walt Disney Co/the | 股票-通訊服務 | 0.39% | +0.07% | +0.55% | |
| 36 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.38% | -0.35% | -1.23% | |
| 37 | INTU | Intuit Inc | 股票-科技 | 0.38% | -0.14% | +1.25% | |
| 38 | MCD | Mcdonald's CORP | 股票-循環性消費 | 0.37% | -0.23% | -0.21% | |
| 39 | T | At&t Inc | 股票-通訊服務 | 0.37% | +1.03% | +2.10% | |
| 40 | NOW | Servicenow Inc | 股票-科技 | 0.37% | +0.03% | +2.31% | |
| 41 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.36% | -0.01% | +0.46% | |
| 42 | RTX | Rtx CORP | 股票-工業 | 0.34% | -0.16% | +0.35% | |
| 43 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 0.34% | -0.08% | +0.28% | |
| 44 | ISRG | Intuitive Surgical Inc | 股票-醫療保健 | 0.34% | -0.19% | +1.83% | |
| 45 | TXN | Texas Instruments Inc | 股票-科技 | 0.33% | -0.10% | +0.47% | |
| 46 | ACN | Accenture plc | 股票-科技 | 0.33% | -0.08% | +0.77% | |
| 47 | VZ | Verizon Communications Inc | 股票-通訊服務 | 0.33% | +0.47% | +2.01% | |
| 48 | LIN | Linde plc | 股票-原物料 | 0.33% | -0.19% | -2.87% | |
| 49 | PEP | Pepsico Inc | 股票-非循環性消費 | 0.32% | -0.08% | +0.68% | |
| 50 | CAT | Caterpillar Inc | 股票-工業 | 0.32% | -0.44% | +0.43% |
| # | 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% | +0.23% | 加碼 |
| 2 | MSFT | Microsoft CORP | +1% | +0.67% | 加碼 |
| 3 | AVGO | Broadcom Inc | +0.7% | +1.08% | 加碼 |
| 4 | META | Meta Platforms Inc-class A | +0.4% | +1.03% | 加碼 |
| 5 | NFLX | Netflix Inc | +0.2% | +0.32% | 加碼 |
| 6 | AMZN | Amazon.com Inc | +0.2% | +1.68% | 加碼 |
| 7 | ORCL | Oracle CORP | +0.2% | +1.56% | 加碼 |
| 8 | PLTR | Palantir Technologies Inc-a | +0.2% | +3.41% | 加碼 |
| 9 | TSLA | Tesla Inc | +0.2% | +0.94% | 加碼 |
| 10 | COF | Capital One Financial CORP | +0.1% | +95.02% | 加碼 |
| 11 | GEV | GE Vernova Inc | +0.1% | +15.91% | 加碼 |
| 12 | GOOGL | Alphabet Inc-cl A | +0.1% | +2.53% | 加碼 |
| 13 | JPM | Jpmorgan Chase & Co | +0.1% | -0.42% | 減碼 |
| 14 | AMD | Advanced Micro Devices | +0.1% | +0.86% | 加碼 |
| 15 | HOOD | Robinhood Markets Inc - A | +0.1% | +20.55% | 加碼 |
| 16 | GE | General Electric | +0.1% | -2.19% | 減碼 |
| 17 | NOW | Servicenow Inc | +0.1% | +2.31% | 加碼 |
| 18 | MU | Micron Technology Inc | +0.1% | +2.49% | 加碼 |
| 19 | APH | Amphenol Corp-cl A | +0.1% | +0.92% | 加碼 |
| 20 | CRWD | Crowdstrike Holdings Inc - A | +0.1% | +3.09% | 加碼 |
| 21 | CEG | Constellation Energy | +0.1% | +2.52% | 加碼 |
| 22 | INTU | Intuit Inc | +0.1% | +1.25% | 加碼 |
| 23 | GS | Goldman Sachs Group Inc | +0.1% | -1.23% | 減碼 |
| 24 | UBER | Uber Technologies Inc | +0.1% | +0.53% | 加碼 |
| 25 | MSTR | Strategy Inc | +0.1% | +15.13% | 加碼 |
| 26 | COIN | Coinbase Global Inc -class A | +0.1% | +3.63% | 加碼 |
| 27 | INFA1EUR | Informatica Inc - Class A | +0.1% | +555.55% | 加碼 |
| 28 | RBLX | Roblox CORP -class A | +0.1% | +13.03% | 加碼 |
| 29 | BAC | Bank Of America CORP | 0% | +6.28% | 加碼 |
| 30 | DIS | Walt Disney Co/the | 0% | +0.55% | 加碼 |
| 31 | BKNG | Booking Holdings Inc | 0% | +0.28% | 加碼 |
| 32 | ETN | Eaton Corporation plc | 0% | +0.24% | 加碼 |
| 33 | LRCX | Lam Research CORP | 0% | +0.35% | 加碼 |
| 34 | DASH | Doordash Inc - A | 0% | +7.36% | 加碼 |
| 35 | SNOW | Snowflake Inc | 0% | +6.49% | 加碼 |
| 36 | NET | Cloudflare Inc - Class A | 0% | +2.21% | 加碼 |
| 37 | AXON | Axon Enterprise Inc | 0% | +1.50% | 加碼 |
| 38 | IBM | Intl Business Machines CORP | 0% | +0.52% | 加碼 |
| 39 | AMAT | Applied Materials Inc | 0% | -0.06% | 減碼 |
| 40 | MELI | Mercadolibre Inc | 0% | -0.22% | 減碼 |
| 41 | KLAC | Kla CORP | 0% | -0.09% | 減碼 |
| 42 | ANET | Arista Networks Inc | 0% | +1.54% | 加碼 |
| 43 | SPOT | Spotify Technology S.A. | 0% | -0.95% | 減碼 |
| 44 | APP | Applovin Corp-class A | 0% | +10.27% | 加碼 |
| 45 | RCL | Royal Caribbean Cruises Ltd. | 0% | +0.44% | 加碼 |
| 46 | VRT | Vertiv Holdings Co-a | 0% | +3.80% | 加碼 |
| 47 | VST | Vistra CORP | 0% | +0.11% | 加碼 |
| 48 | PWR | Quanta Services Inc | 0% | +0.36% | 加碼 |
| 49 | BA | Boeing Co/the | 0% | +0.09% | 加碼 |
| 50 | MS | Morgan Stanley | 0% | -0.35% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，California State Teachers Retirement System 在 Q2 2025 季度的美股持倉總市值約為 US$7820.1億，共申報了 2957 個公開持股部位。
在 Q2 2025 季度，California State Teachers Retirement System 按市值排列的前三大核心持股分別為：NVDA (6.7%)、MSFT (6.1%)、AAPL (5.4%)。其中最大持股部位 NVDA 佔據整體投資組合約 6.7% 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
OTF
市值: US$2252.8萬
本季最大獲利了結 / 清倉標的
DFSEUR
前期市值: US$7258.2萬
在 Q2 2025 季度中，California State Teachers Retirement System 共進行了 200 項持倉異動，包含新建倉 3 個部位、加碼 136 個部位、減碼 59 個部位以及清倉 2 個部位。 其中最大新建倉標的為 OTF。 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。