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: 0001537014
申報總市值
US$222.1億
US$222.1億
664 檔
20.7%
在 Q3 2025 的 13F 官方備案中，Candriam S.C.A. 管理的美股投資組合規模來到 US$222.1億，整體持股檔數為 664 檔。
在 Q3 2025 期間，Candriam S.C.A. 展現了靈活的資產再平衡步調，透過出清 10 檔弱勢或達到目標價部位，將資金轉置於 21 檔新建倉標的之中。
從部位權重觀察，前 5 大標的（包含 MSFT, NVDA, AAPL）累計市值佔比達 20.7%，是驅動 Candriam S.C.A. 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 664 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 | MSFT | Microsoft CORP | 股票-科技 | 7.06% | -0.92% | +0.81% | |
| 2 | NVDA | Nvidia CORP | 股票-科技 | 6.74% | -0.03% | -7.16% | |
| 3 | AAPL | Apple Inc | 股票-科技 | 4.53% | +0.11% | -0.41% | |
| 4 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 3.00% | +0.35% | +1.17% | |
| 5 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.69% | +0.04% | +6.53% | |
| 6 | AVGO | Broadcom Inc | 股票-科技 | 2.49% | +0.60% | -8.08% | |
| 7 | LLY | Eli Lilly & Co | 股票-醫療保健 | 1.84% | +0.18% | -0.16% | |
| 8 | MA | Mastercard Inc - A | 股票-金融 | 1.29% | -0.13% | -2.85% | |
| 9 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 1.27% | +0.15% | +1.14% | |
| 10 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.22% | -0.15% | -11.67% | |
| 11 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 1.14% | +0.06% | -5.77% | |
| 12 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.11% | +0.07% | -2.14% | |
| 13 | PANW | Palo Alto Networks Inc | 股票-科技 | 1.10% | +0.48% | +27.66% | |
| 14 | ABBV | Abbvie Inc | 股票-醫療保健 | 1.01% | +0.03% | +45.14% | |
| 15 | V | Visa Inc-class A Shares | 股票-金融 | 0.96% | +0.07% | +7.27% | |
| 16 | GILD | Gilead Sciences Inc | 股票-醫療保健 | 0.94% | -0.53% | +7.32% | |
| 17 | ABT | Abbott Laboratories | 股票-醫療保健 | 0.82% | -0.24% | +11.99% | |
| 18 | CRM | Salesforce Inc | 股票-科技 | 0.81% | -0.22% | -12.49% | |
| 19 | NOW | Servicenow Inc | 股票-科技 | 0.80% | -0.07% | +34.45% | |
| 20 | LRCX | Lam Research CORP | 股票-科技 | 0.78% | +0.43% | +7.95% | |
| 21 | MCK | Mckesson CORP | 股票-醫療保健 | 0.77% | -0.36% | +26.29% | |
| 22 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.72% | -0.10% | -17.57% | |
| 23 | HD | Home Depot Inc | 股票-循環性消費 | 0.72% | +0.07% | +6.42% | |
| 24 | TSLA | Tesla Inc | 股票-循環性消費 | 0.69% | +0.02% | +19.83% | |
| 25 | TMO | Thermo Fisher Scientific Inc | 股票-醫療保健 | 0.69% | -0.12% | -19.37% | |
| 26 | WM | Waste Management Inc | 股票-工業 | 0.67% | -0.05% | -10.64% | |
| 27 | AMGN | Amgen Inc | 股票-醫療保健 | 0.66% | -0.13% | -11.96% | |
| 28 | BSX | Boston Scientific CORP | 股票-醫療保健 | 0.64% | -0.34% | +49.21% | |
| 29 | ISRG | Intuitive Surgical Inc | 股票-醫療保健 | 0.63% | -0.02% | -19.03% | |
| 30 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.62% | -0.01% | -14.20% | |
| 31 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.62% | -0.43% | +115.11% | |
| 32 | ZTS | Zoetis Inc | 股票-醫療保健 | 0.60% | -0.13% | +31.86% | |
| 33 | ICE | Intercontinental Exchange In | 股票-金融 | 0.60% | -0.15% | +46.22% | |
| 34 | A | Agilent Technologies Inc | 股票-醫療保健 | 0.59% | +0.12% | +65.38% | |
| 35 | MU | Micron Technology Inc | 股票-科技 | 0.51% | +1.30% | -33.63% | |
| 36 | ALNY | Alnylam Pharmaceuticals Inc | 股票-醫療保健 | 0.51% | +0.04% | -10.78% | |
| 37 | WAB | Wabtec CORP | 股票-工業 | 0.51% | +0.01% | +3.86% | |
| 38 | REGN | Regeneron Pharmaceuticals | 股票-醫療保健 | 0.50% | -0.20% | +19.19% | |
| 39 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 0.49% | +0.01% | +16.93% | |
| 40 | CDNS | Cadence Design Sys Inc | 股票-科技 | 0.47% | +0.08% | +9.95% | |
| 41 | DHR | Danaher CORP | 股票-醫療保健 | 0.46% | -0.11% | -1.57% | |
| 42 | NFLX | Netflix Inc | 股票-通訊服務 | 0.46% | -0.21% | +1.17% | |
| 43 | ADSK | Autodesk Inc | 股票-科技 | 0.46% | -0.07% | -10.93% | |
| 44 | CSCO | Cisco Systems Inc | 股票-科技 | 0.46% | +0.08% | -0.79% | |
| 45 | PGR | Progressive CORP | 股票-金融 | 0.45% | -0.01% | +6.03% | |
| 46 | ECL | Ecolab Inc | 股票-原物料 | 0.44% | -0.07% | +0.47% | |
| 47 | TJX | Tjx Companies Inc | 股票-循環性消費 | 0.43% | -0.15% | -8.87% | |
| 48 | XYL | Xylem Inc | 股票-工業 | 0.43% | -0.09% | +11.56% | |
| 49 | AXP | American Express Co | 股票-金融 | 0.42% | -0.11% | -23.06% | |
| 50 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 0.42% | +0.25% | +19.51% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | +1.8% | -7.16% | 減碼 |
| 2 | AVGO | Broadcom Inc | +1.3% | -8.08% | 加碼 |
| 3 | MSFT | Microsoft CORP | +0.8% | +0.81% | 減碼 |
| 4 | ABBV | Abbvie Inc | +0.5% | +45.14% | 加碼 |
| 5 | GOOGL | Alphabet Inc-cl A | +0.4% | +1.17% | 減碼 |
| 6 | LRCX | Lam Research CORP | +0.4% | +7.95% | 加碼 |
| 7 | BSX | Boston Scientific CORP | +0.4% | +49.21% | 加碼 |
| 8 | TSM | Taiwan Semiconductor-sp Adr | +0.3% | +1.14% | 減碼 |
| 9 | JNJ | Johnson & Johnson | +0.3% | +115.11% | 加碼 |
| 10 | ABT | Abbott Laboratories | +0.3% | +11.99% | 加碼 |
| 11 | SCHW | Schwab (charles) CORP | +0.3% | +486.04% | 加碼 |
| 12 | MCK | Mckesson CORP | +0.3% | +26.29% | 加碼 |
| 13 | PANW | Palo Alto Networks Inc | +0.3% | +27.66% | 加碼 |
| 14 | GOOG | Alphabet Inc-cl C | +0.2% | -5.77% | 減碼 |
| 15 | EXC | Exelon CORP | +0.2% | -0.47% | 加碼 |
| 16 | AMZN | Amazon.com Inc | +0.2% | +6.53% | 加碼 |
| 17 | ICE | Intercontinental Exchange In | +0.2% | +46.22% | 加碼 |
| 18 | A | Agilent Technologies Inc | +0.2% | +65.38% | 加碼 |
| 19 | ADI | Analog Devices Inc | +0.2% | +46.82% | 加碼 |
| 20 | TRV | Travelers Cos Inc/the | +0.2% | +750.39% | 加碼 |
| 21 | WDC | Western Digital CORP | +0.2% | +1018.97% | 加碼 |
| 22 | NOW | Servicenow Inc | +0.2% | +34.45% | 加碼 |
| 23 | GEV | GE Vernova Inc | +0.2% | -22.33% | 加碼 |
| 24 | EQIX | Equinix Inc | +0.2% | +95.79% | 加碼 |
| 25 | LAUR | Laureate Education Inc | +0.2% | +9.48% | 加碼 |
| 26 | DIS | Walt Disney Co/the | +0.2% | +60.02% | 加碼 |
| 27 | AEM | Agnico Eagle Mines LTD | +0.2% | +26.39% | 加碼 |
| 28 | BAP | Credicorp Ltd. | +0.2% | +146.33% | 加碼 |
| 29 | ORCL | Oracle CORP | +0.2% | +16.06% | 加碼 |
| 30 | ROIV | Roivant Sciences Ltd. | +0.2% | +43.48% | 加碼 |
| 31 | PYPL | Paypal Holdings Inc | +0.2% | +619.41% | 加碼 |
| 32 | NFLX | Netflix Inc | +0.2% | +1.17% | 加碼 |
| 33 | USB | US Bancorp | +0.2% | +58.24% | 加碼 |
| 34 | CRDO | Credo Technology Group Holding Ltd | +0.1% | — | 減碼 |
| 35 | CAH | Cardinal Health Inc | +0.1% | +10.82% | 加碼 |
| 36 | MPWR | Monolithic Power Systems Inc | +0.1% | +6.92% | 加碼 |
| 37 | UTHR | United Therapeutics CORP | +0.1% | +48.28% | 加碼 |
| 38 | MDB | Mongodb Inc | +0.1% | +32.17% | 加碼 |
| 39 | BLK | Blackrock Inc | +0.1% | +47.68% | 加碼 |
| 40 | BMO | Bank Of Montreal | +0.1% | +2553.39% | 加碼 |
| 41 | KMX | Carmax Inc | +0.1% | +1916.16% | 加碼 |
| 42 | IQV | Iqvia Holdings Inc | +0.1% | +61.22% | 加碼 |
| 43 | APP | Applovin Corp-class A | +0.1% | +8.17% | 加碼 |
| 44 | XYL | Xylem Inc | +0.1% | +11.56% | 加碼 |
| 45 | TOST | Toast Inc-class A | +0.1% | +10.87% | 加碼 |
| 46 | ZTS | Zoetis Inc | +0.1% | +31.86% | 加碼 |
| 47 | ALNY | Alnylam Pharmaceuticals Inc | +0.1% | -10.78% | 減碼 |
| 48 | ZS | Zscaler Inc | +0.1% | +7.89% | 加碼 |
| 49 | DLR | Digital Realty Trust Inc | +0.1% | +381.68% | 加碼 |
| 50 | TGT | Target CORP | +0.1% | +1.11% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Candriam S.C.A. 在 Q3 2025 季度的美股持倉總市值約為 US$222.1億，共申報了 664 個公開持股部位。
在 Q3 2025 季度，Candriam S.C.A. 按市值排列的前三大核心持股分別為：MSFT (7.1%)、NVDA (6.7%)、AAPL (4.5%)。其中最大持股部位 MSFT 佔據整體投資組合約 7.1% 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
NU
市值: US$7796.9萬
本季最大獲利了結 / 清倉標的
QFIN
前期市值: US$3208.8萬
在 Q3 2025 季度中，Candriam S.C.A. 共進行了 200 項持倉異動，包含新建倉 21 個部位、加碼 90 個部位、減碼 79 個部位以及清倉 10 個部位。 其中最大新建倉標的為 NU。 本季清倉部位包含 QFIN。
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。