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: 0000874791
申報總市值
US$13.5億
US$13.5億
105 檔
27.6%
在 Q3 2025 申報期間，Campbell Newman Asset Management Inc（CIK: 0000874791）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$13.5億，共持有 105 個公開申報部位。
觀察 Q3 2025 的資金脈絡，Campbell Newman Asset Management Inc 在獲利結算 3 檔個股的同時，將資本重新部署至 5 檔新選標的，展現主動管理機構的輪動節奏。
從部位權重觀察，前 5 大標的（包含 MSFT, AAPL, AVGO）累計市值佔比達 27.6%，是驅動 Campbell Newman Asset Management Inc 該季度整體投資組合績效表現的核心支柱。
| # | 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 | MSFT | Microsoft CORP | 股票-科技 | 6.89% | -0.80% | +1.19% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 6.39% | -0.25% | +1.51% | |
| 3 | AVGO | Broadcom Inc | 股票-科技 | 5.62% | +0.04% | -7.45% | |
| 4 | KLAC | Kla CORP | 股票-科技 | 4.60% | +1.83% | -4.75% | |
| 5 | APH | Amphenol Corp-cl A | 股票-科技 | 3.71% | +0.23% | -8.81% | |
| 6 | ETN | Eaton Corporation plc | 股票-工業 | 3.36% | +0.12% | +95.84% | |
| 7 | MA | Mastercard Inc - A | 股票-金融 | 3.27% | -0.28% | +1.94% | |
| 8 | V | Visa Inc-class A Shares | 股票-金融 | 3.15% | -0.07% | +1.83% | |
| 9 | WEC | Wec Energy Group Inc | 股票-公用事業 | 3.10% | -0.28% | +2.22% | |
| 10 | SYK | Stryker CORP | 股票-醫療保健 | 2.84% | -0.29% | +2.03% | |
| 11 | AJG | Arthur J Gallagher & Co | 股票-金融 | 2.79% | -0.12% | EXIT | |
| 12 | J | Jacobs Solutions Inc | 股票-工業 | 2.79% | -1.54% | +2.19% | |
| 13 | ABBV | Abbvie Inc | 股票-醫療保健 | 2.74% | -0.03% | +2.01% | |
| 14 | RTX | Rtx CORP | 股票-工業 | 2.68% | -0.50% | +1.87% | |
| 15 | LOW | Lowe's Cos Inc | 股票-循環性消費 | 2.65% | -0.54% | +2.14% | |
| 16 | ICE | Intercontinental Exchange In | 股票-金融 | 2.64% | -2.73% | +2.08% | |
| 17 | EMR | Emerson Electric Co | 股票-工業 | 2.38% | -0.15% | +2.07% | |
| 18 | ABT | Abbott Laboratories | 股票-醫療保健 | 2.34% | — | +2.08% | |
| 19 | TXN | Texas Instruments Inc | 股票-科技 | 2.33% | +0.89% | +2.19% | |
| 20 | LLY | Eli Lilly & Co | 股票-醫療保健 | 2.31% | +2.43% | +1.05% | |
| 21 | ADI | Analog Devices Inc | 股票-科技 | 2.29% | +0.22% | +1.66% | |
| 22 | TEL | TE Connectivity plc | 股票-科技 | 2.26% | — | +2.14% | |
| 23 | NDAQ | Nasdaq Inc | 股票-金融 | 2.21% | -0.48% | +2.25% | |
| 24 | MCO | Moody's CORP | 股票-金融 | 1.61% | -0.20% | +1.87% | |
| 25 | VMC | Vulcan Materials Co | 股票-原物料 | 1.47% | -0.09% | +2.19% | |
| 26 | AMZN | Amazon.com Inc | 股票-循環性消費 | 1.33% | +0.02% | +0.06% | |
| 27 | HON | Honeywell International Inc | 股票-工業 | 1.26% | -0.03% | +2.09% | |
| 28 | EOG | Eog Resources Inc | 股票-能源 | 1.25% | — | +1.78% | |
| 29 | CTSH | Cognizant Tech Solutions-a | 股票-科技 | 1.19% | -1.18% | EXIT | |
| 30 | ZTS | Zoetis Inc | 股票-醫療保健 | 1.04% | — | +1.92% | |
| 31 | DE | Deere & Co | 股票-工業 | 1.03% | -0.04% | EXIT | |
| 32 | SPGI | S&p Global Inc | 股票-金融 | 0.81% | — | +1.82% | |
| 33 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.64% | +0.06% | -0.11% | |
| 34 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 0.63% | -0.03% | +0.12% | |
| 35 | IFF | Intl Flavors & Fragrances | 股票-原物料 | 0.61% | — | — | |
| 36 | MCD | Mcdonald's CORP | 股票-循環性消費 | 0.52% | — | — | |
| 37 | MTZ | Mastec Inc | 股票-工業 | 0.38% | +0.02% | -5.26% | |
| 38 | FN | Fabrinet | 股票-科技 | 0.38% | +0.02% | -5.61% | |
| 39 | NVDA | Nvidia CORP | 股票-科技 | 0.37% | +0.02% | +0.30% | |
| 40 | CIEN | Ciena CORP | 股票-科技 | 0.37% | — | +0.42% | |
| 41 | MEDP | Medpace Holdings Inc | 股票-醫療保健 | 0.35% | +0.02% | +0.42% | |
| 42 | CW | Curtiss-wright CORP | 股票-工業 | 0.35% | +0.03% | +0.40% | |
| 43 | MOD | Modine Manufacturing Co | 股票-循環性消費 | 0.33% | +0.09% | +24.58% | |
| 44 | RMBS | Rambus Inc | 股票-科技 | 0.32% | +0.13% | +0.45% | |
| 45 | DY | Dycom Industries Inc | 股票-工業 | 0.32% | +0.09% | +0.41% | |
| 46 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.31% | — | — | |
| 47 | AMSC | American Superconductor CORP | 股票-其他 | 0.28% | +0.03% | +0.54% | |
| 48 | ✓ | 股票-其他 | 0.26% | — | +0.42% | ||
| 49 | EXLS | Exlservice Holdings Inc | 股票-科技 | 0.26% | -0.03% | +0.48% | |
| 50 | EVR | Evercore Inc - A | 股票-金融 | 0.25% | +0.03% | +0.44% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | APH | Amphenol Corp-cl A | +2.2% | -8.81% | 加碼 |
| 2 | AVGO | Broadcom Inc | +1.7% | -7.45% | 減碼 |
| 3 | WEC | Wec Energy Group Inc | +1.1% | +2.22% | 加碼 |
| 4 | MSFT | Microsoft CORP | +1% | +1.19% | 減碼 |
| 5 | KLAC | Kla CORP | +1% | -4.75% | 減碼 |
| 6 | NDAQ | Nasdaq Inc | +0.7% | +2.25% | 加碼 |
| 7 | TXN | Texas Instruments Inc | +0.4% | +2.19% | 加碼 |
| 8 | CIEN | Ciena CORP | +0.2% | +0.42% | 加碼 |
| 9 | VMC | Vulcan Materials Co | +0.2% | +2.19% | 加碼 |
| 10 | AMSC | American Superconductor CORP | +0.2% | +0.54% | 加碼 |
| 11 | J | Jacobs Solutions Inc | +0.2% | +2.19% | 加碼 |
| 12 | RTX | Rtx CORP | +0.2% | +1.87% | 減碼 |
| 13 | GOOG | Alphabet Inc-cl C | +0.2% | -0.11% | 減碼 |
| 14 | MOD | Modine Manufacturing Co | +0.2% | +24.58% | 加碼 |
| 15 | GOOGL | Alphabet Inc-cl A | +0.2% | +0.12% | 減碼 |
| 16 | RMBS | Rambus Inc | +0.2% | +0.45% | 加碼 |
| 17 | DY | Dycom Industries Inc | +0.1% | +0.41% | 加碼 |
| 18 | CW | Curtiss-wright CORP | +0.1% | +0.40% | 加碼 |
| 19 | MEDP | Medpace Holdings Inc | +0.1% | +0.42% | 加碼 |
| 20 | NVDA | Nvidia CORP | +0.1% | +0.30% | 減碼 |
| 21 | FN | Fabrinet | +0.1% | -5.61% | 減碼 |
| 22 | MTZ | Mastec Inc | +0.1% | -5.26% | 減碼 |
| 23 | EVR | Evercore Inc - A | +0.1% | +0.44% | 加碼 |
| 24 | ADI | Analog Devices Inc | +0.1% | +1.66% | 減碼 |
| 25 | ✓ | +0.1% | +0.44% | 加碼 | |
| 26 | EMR | Emerson Electric Co | 0% | +2.07% | 減碼 |
| 27 | AMZN | Amazon.com Inc | — | +0.06% | 減碼 |
| 28 | LNTH | Lantheus Holdings Inc | -0.2% | +0.43% | 加碼 |
| 29 | AAPL | Apple Inc | -0.2% | +1.51% | 減碼 |
| 30 | ABBV | Abbvie Inc | -0.2% | +2.01% | 減碼 |
| 31 | FISV | Fiserv Inc | -0.2% | +0.19% | 減碼 |
| 32 | LOW | Lowe's Cos Inc | -0.3% | +2.14% | 減碼 |
| 33 | IFF | Intl Flavors & Fragrances | -0.3% | — | 不變 |
| 34 | COP | Conocophillips | -0.4% | — | 減碼 |
| 35 | ZTS | Zoetis Inc | -0.4% | +1.92% | 減碼 |
| 36 | CTSH | Cognizant Tech Solutions-a | -0.4% | +2.03% | 加碼 |
| 37 | EOG | Eog Resources Inc | -0.4% | +1.78% | 減碼 |
| 38 | ICE | Intercontinental Exchange In | -0.6% | +2.08% | 減碼 |
| 39 | V | Visa Inc-class A Shares | -0.7% | +1.83% | 減碼 |
| 40 | TEL | TE Connectivity plc | -0.8% | +2.14% | 減碼 |
| 41 | AJG | Arthur J Gallagher & Co | -0.9% | +2.08% | 減碼 |
| 42 | LLY | Eli Lilly & Co | -1.6% | +1.05% | 減碼 |
| 43 | ETN | Eaton Corporation plc | — | NEW | 新建倉 |
| 44 | UNH | Unitedhealth Group Inc | — | EXIT | 清倉 |
| 45 | ACN | Accenture plc | — | EXIT | 清倉 |
| 46 | KNF | Knife River CORP | — | NEW | 新建倉 |
| 47 | NVEEUSD | Nv5 Global Inc | — | EXIT | 清倉 |
| 48 | SKWD | Skyward Specialty Insurance | — | NEW | 新建倉 |
| 49 | PRMB | Primo Brands CORP | — | NEW | 新建倉 |
| 50 | UPST | Upstart Holdings Inc | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Campbell Newman Asset Management Inc 在 Q3 2025 季度的美股持倉總市值約為 US$13.5億，共申報了 105 個公開持股部位。
在 Q3 2025 季度，Campbell Newman Asset Management Inc 按市值排列的前三大核心持股分別為：MSFT (6.9%)、AAPL (6.4%)、AVGO (5.6%)。其中最大持股部位 MSFT 佔據整體投資組合約 6.9% 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
ETN
市值: US$4600.4萬
本季最大獲利了結 / 清倉標的
UNH
前期市值: US$2862.1萬
在 Q3 2025 季度中，Campbell Newman Asset Management Inc 共進行了 49 項持倉異動，包含新建倉 5 個部位、加碼 17 個部位、減碼 24 個部位以及清倉 3 個部位。 其中最大新建倉標的為 ETN。 本季清倉部位包含 UNH。
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。