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
2925 檔
2.8%
截至 Q1 2026 季度末，California State Teachers Retirement System 的美股持倉估值約為 US$7820.1億，全數申報部位共有 2925 檔。
在 Q1 2026，California State Teachers Retirement System 展現出較為審慎的避險與獲利了結姿態。本季共減碼 184 個部位並完全清倉 3 檔持股，調降曝險的部位數量高於加碼動作。
整體而言，California State Teachers Retirement System 的前 5 大持股（包含 NVDA, AAPL, MSFT）貢獻了組合市值的 2.8%，形成該機構在 Q1 2026 季度的基本面基石。
本季最大新建倉標的
OTF
市值: US$2.5億
本季最大獲利了結 / 清倉標的
AMCR
前期市值: US$2296.1萬
僅顯示前 200 大持股（共 2925 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 | 6.77% | -2.29% | -2.35% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 5.98% | -3.13% | -3.08% | |
| 3 | MSFT | Microsoft CORP | 股票-科技 | 4.20% | -2.83% | -2.29% | |
| 4 | AMZN | Amazon.com Inc | 股票-循環性消費 | 3.21% | -1.33% | -2.20% | |
| 5 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 2.70% | -1.57% | -2.31% | |
| 6 | AVGO | Broadcom Inc | 股票-科技 | 2.23% | -1.36% | -2.08% | |
| 7 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 2.21% | -1.31% | -2.67% | |
| 8 | IVV | Ishares Core S&p 500 ETF | ETF-大型股與成長 | 2.04% | -1.60% | -0.07% | |
| 9 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.99% | -1.56% | -2.09% | |
| 10 | TSLA | Tesla Inc | 股票-循環性消費 | 1.68% | -1.13% | -2.34% | |
| 11 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.29% | -0.77% | -3.00% | |
| 12 | LLY | Eli Lilly & Co | 股票-醫療保健 | 1.18% | -1.02% | -2.39% | |
| 13 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 1.05% | -0.78% | -2.64% | |
| 14 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.97% | -0.49% | -2.24% | |
| 15 | WMT | Walmart Inc | 股票-非循環性消費 | 0.88% | -0.03% | -2.31% | |
| 16 | XOM | Exxon Mobil CORP | 股票-能源 | 0.88% | -0.23% | -3.92% | |
| 17 | V | Visa Inc-class A Shares | 股票-金融 | 0.82% | -0.49% | -2.86% | |
| 18 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.72% | -0.63% | -2.17% | |
| 19 | MA | Mastercard Inc - A | 股票-金融 | 0.68% | -0.52% | -2.75% | |
| 20 | NFLX | Netflix Inc | 股票-通訊服務 | 0.66% | +0.16% | -2.58% | |
| 21 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.62% | -0.27% | -2.27% | |
| 22 | MU | Micron Technology Inc | 股票-科技 | 0.61% | -0.39% | -2.22% | |
| 23 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.55% | -0.10% | -2.51% | |
| 24 | BAC | Bank Of America CORP | 股票-金融 | 0.54% | +0.78% | -4.18% | |
| 25 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 0.53% | -0.11% | -1.94% | |
| 26 | AMD | Advanced Micro Devices | 股票-科技 | 0.53% | -0.21% | -2.14% | |
| 27 | CAT | Caterpillar Inc | 股票-工業 | 0.53% | -0.44% | -2.71% | |
| 28 | KO | Coca-cola Co/the | 股票-非循環性消費 | 0.53% | +0.24% | -2.23% | |
| 29 | HD | Home Depot Inc | 股票-循環性消費 | 0.52% | -0.33% | -2.43% | |
| 30 | CSCO | Cisco Systems Inc | 股票-科技 | 0.49% | +0.28% | -2.43% | |
| 31 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.49% | -0.01% | -2.80% | |
| 32 | CVX | Chevron CORP | 股票-能源 | 0.49% | -0.16% | -3.73% | |
| 33 | GE | General Electric | 股票-工業 | 0.48% | -0.28% | -2.75% | |
| 34 | AMAT | Applied Materials Inc | 股票-科技 | 0.44% | -0.29% | -2.76% | |
| 35 | LRCX | Lam Research CORP | 股票-科技 | 0.43% | -0.19% | -2.75% | |
| 36 | RTX | Rtx CORP | 股票-工業 | 0.42% | -0.16% | -2.43% | |
| 37 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.41% | -0.35% | -3.16% | |
| 38 | ORCL | Oracle CORP | 股票-科技 | 0.40% | -0.07% | -1.74% | |
| 39 | WFC | Wells Fargo & Co | 股票-金融 | 0.40% | +0.19% | -3.82% | |
| 40 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 0.39% | -0.22% | -2.38% | |
| 41 | GEV | GE Vernova Inc | 股票-工業 | 0.38% | -0.33% | -2.77% | |
| 42 | MCD | Mcdonald's CORP | 股票-循環性消費 | 0.37% | -0.23% | -2.58% | |
| 43 | IBM | Intl Business Machines CORP | 股票-科技 | 0.36% | -0.18% | -2.16% | |
| 44 | VZ | Verizon Communications Inc | 股票-通訊服務 | 0.35% | +0.47% | -2.30% | |
| 45 | PEP | Pepsico Inc | 股票-非循環性消費 | 0.35% | -0.08% | -2.35% | |
| 46 | T | At&t Inc | 股票-通訊服務 | 0.34% | +1.03% | -3.04% | |
| 47 | C | Citigroup Inc | 股票-金融 | 0.33% | — | -4.52% | |
| 48 | INTC | Intel CORP | 股票-科技 | 0.32% | +0.53% | -2.44% | |
| 49 | KLAC | Kla CORP | 股票-科技 | 0.31% | -0.06% | -2.55% | |
| 50 | MS | Morgan Stanley | 股票-金融 | 0.31% | -0.08% | -3.23% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | XOM | Exxon Mobil CORP | +0.3% | -3.92% | 減碼 |
| 2 | JNJ | Johnson & Johnson | +0.2% | -2.24% | 減碼 |
| 3 | CVX | Chevron CORP | +0.1% | -3.73% | 減碼 |
| 4 | AMAT | Applied Materials Inc | +0.1% | -2.76% | 減碼 |
| 5 | WMT | Walmart Inc | +0.1% | -2.31% | 減碼 |
| 6 | CAT | Caterpillar Inc | +0.1% | -2.71% | 減碼 |
| 7 | COST | Costco Wholesale CORP | +0.1% | -2.17% | 減碼 |
| 8 | MU | Micron Technology Inc | +0.1% | -2.22% | 減碼 |
| 9 | GEV | GE Vernova Inc | +0.1% | -2.77% | 減碼 |
| 10 | LRCX | Lam Research CORP | +0.1% | -2.75% | 減碼 |
| 11 | SNDK | Sandisk CORP | +0.1% | +22.83% | 加碼 |
| 12 | SLB | Slb LTD | +0.1% | -1.18% | 減碼 |
| 13 | VZ | Verizon Communications Inc | +0.1% | -2.30% | 減碼 |
| 14 | GLW | Corning Inc | +0.1% | -2.35% | 減碼 |
| 15 | MRK | Merck & Co. Inc. | +0.1% | -2.80% | 減碼 |
| 16 | COP | Conocophillips | +0.1% | -3.87% | 減碼 |
| 17 | WDC | Western Digital CORP | +0.1% | -3.69% | 減碼 |
| 18 | VRT | Vertiv Holdings Co-a | +0.1% | -2.24% | 減碼 |
| 19 | BKR | Baker Hughes Co | +0.1% | -1.51% | 減碼 |
| 20 | KLAC | Kla CORP | +0.1% | -2.55% | 減碼 |
| 21 | INTC | Intel CORP | +0.1% | -2.44% | 減碼 |
| 22 | T | At&t Inc | +0.1% | -3.04% | 減碼 |
| 23 | KO | Coca-cola Co/the | +0.1% | -2.23% | 減碼 |
| 24 | TPL | Texas Pacific Land CORP | +0.1% | -1.06% | 減碼 |
| 25 | STX | Seagate Technology Holdings plc | +0.1% | -0.03% | 減碼 |
| 26 | LMT | Lockheed Martin CORP | +0.1% | -3.21% | 減碼 |
| 27 | DE | Deere & Co | +0.1% | -2.51% | 減碼 |
| 28 | LITE | Lumentum Holdings Inc | 0% | +21.90% | 加碼 |
| 29 | CIEN | Ciena CORP | 0% | -2.37% | 減碼 |
| 30 | LIN | Linde plc | 0% | -3.17% | 減碼 |
| 31 | ADI | Analog Devices Inc | 0% | -3.03% | 減碼 |
| 32 | CTVA | Corteva Inc | 0% | -1.66% | 減碼 |
| 33 | NEE | Nextera Energy Inc | 0% | -2.80% | 減碼 |
| 34 | GILD | Gilead Sciences Inc | 0% | -2.10% | 減碼 |
| 35 | HON | Honeywell International Inc | 0% | -2.20% | 減碼 |
| 36 | PFE | Pfizer Inc | 0% | -2.19% | 減碼 |
| 37 | TXN | Texas Instruments Inc | 0% | -2.49% | 減碼 |
| 38 | ETN | Eaton Corporation plc | 0% | -2.35% | 減碼 |
| 39 | PEP | Pepsico Inc | 0% | -2.35% | 減碼 |
| 40 | LNG | Cheniere Energy Inc | 0% | -3.32% | 減碼 |
| 41 | HAL | Halliburton Co | 0% | -2.10% | 減碼 |
| 42 | EQIX | Equinix Inc | 0% | -2.25% | 減碼 |
| 43 | VLO | Valero Energy CORP | 0% | -4.51% | 減碼 |
| 44 | OKE | Oneok Inc | 0% | -1.84% | 減碼 |
| 45 | PWR | Quanta Services Inc | 0% | -2.09% | 減碼 |
| 46 | MPC | Marathon Petroleum CORP | 0% | -4.26% | 減碼 |
| 47 | TER | Teradyne Inc | 0% | -2.83% | 減碼 |
| 48 | WMB | Williams Cos Inc | 0% | -2.23% | 減碼 |
| 49 | FIX | Comfort Systems USA Inc | 0% | -2.00% | 減碼 |
| 50 | PSX | Phillips 66 | 0% | -3.19% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，California State Teachers Retirement System 在 Q1 2026 季度的美股持倉總市值約為 US$7820.1億，共申報了 2925 個公開持股部位。
在 Q1 2026 季度，California State Teachers Retirement System 按市值排列的前三大核心持股分別為：NVDA (6.8%)、AAPL (6.0%)、MSFT (4.2%)。其中最大持股部位 NVDA 佔據整體投資組合約 6.8% 的權重。
在 Q1 2026 季度中，California State Teachers Retirement System 共進行了 199 項持倉異動，包含新建倉 2 個部位、加碼 10 個部位、減碼 184 個部位以及清倉 3 個部位。 其中最大新建倉標的為 OTF。 本季清倉部位包含 AMCR。
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。