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
685 檔
21.6%
截至 Q4 2025 季度末，Candriam S.C.A. 的美股持倉估值約為 US$222.1億，全數申報部位共有 685 檔。
Q4 2025 的申報記錄反映 Candriam S.C.A. 的板塊替換策略：機構本季推動了 106 筆增持與 94 筆減持，籌碼呈現明顯的結構重組。
檢視投資組合結構，前 5 大主力部位（包含 NVDA, MSFT, AAPL）占據了總市值的 21.6%，展現出該機構在 Q4 2025 的重點資金聚焦與風險分佈特徵。
僅顯示前 200 大持股（共 685 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 | 6.29% | -0.03% | -1.94% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 6.25% | -0.92% | -0.56% | |
| 3 | AAPL | Apple Inc | 股票-科技 | 4.55% | +0.11% | -1.42% | |
| 4 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 3.94% | +0.35% | +6.84% | |
| 5 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.88% | +0.04% | +7.17% | |
| 6 | AVGO | Broadcom Inc | 股票-科技 | 2.47% | +0.60% | -0.50% | |
| 7 | LLY | Eli Lilly & Co | 股票-醫療保健 | 2.39% | +0.18% | -3.01% | |
| 8 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 1.26% | +0.06% | -10.19% | |
| 9 | ABBV | Abbvie Inc | 股票-醫療保健 | 1.23% | +0.03% | +28.95% | |
| 10 | MA | Mastercard Inc - A | 股票-金融 | 1.19% | -0.13% | -3.43% | |
| 11 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 1.16% | +0.15% | -12.29% | |
| 12 | GILD | Gilead Sciences Inc | 股票-醫療保健 | 1.12% | -0.53% | +13.07% | |
| 13 | V | Visa Inc-class A Shares | 股票-金融 | 1.08% | +0.07% | +14.65% | |
| 14 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.00% | +0.07% | -7.44% | |
| 15 | PANW | Palo Alto Networks Inc | 股票-科技 | 0.99% | +0.48% | +3.67% | |
| 16 | LRCX | Lam Research CORP | 股票-科技 | 0.89% | +0.43% | -6.26% | |
| 17 | TMO | Thermo Fisher Scientific Inc | 股票-醫療保健 | 0.86% | -0.12% | +9.41% | |
| 18 | MCK | Mckesson CORP | 股票-醫療保健 | 0.84% | -0.36% | +7.94% | |
| 19 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.82% | -0.15% | -20.94% | |
| 20 | ISRG | Intuitive Surgical Inc | 股票-醫療保健 | 0.82% | -0.02% | +7.76% | |
| 21 | CRM | Salesforce Inc | 股票-科技 | 0.81% | -0.22% | -5.90% | |
| 22 | REGN | Regeneron Pharmaceuticals | 股票-醫療保健 | 0.79% | -0.20% | +21.14% | |
| 23 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.77% | -0.43% | +17.86% | |
| 24 | MU | Micron Technology Inc | 股票-科技 | 0.75% | +1.30% | -8.95% | |
| 25 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.67% | -0.01% | -10.11% | |
| 26 | NOW | Servicenow Inc | 股票-科技 | 0.66% | -0.07% | +414.50% | |
| 27 | AMGN | Amgen Inc | 股票-醫療保健 | 0.64% | -0.13% | -12.01% | |
| 28 | ABT | Abbott Laboratories | 股票-醫療保健 | 0.64% | -0.24% | -13.10% | |
| 29 | A | Agilent Technologies Inc | 股票-醫療保健 | 0.62% | +0.12% | +3.50% | |
| 30 | TSLA | Tesla Inc | 股票-循環性消費 | 0.59% | +0.02% | -11.89% | |
| 31 | BSX | Boston Scientific CORP | 股票-醫療保健 | 0.54% | -0.34% | -9.43% | |
| 32 | DHR | Danaher CORP | 股票-醫療保健 | 0.54% | -0.11% | +5.60% | |
| 33 | WM | Waste Management Inc | 股票-工業 | 0.52% | -0.05% | -17.62% | |
| 34 | XYL | Xylem Inc | 股票-工業 | 0.52% | -0.09% | +37.04% | |
| 35 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 0.52% | +0.01% | +11.90% | |
| 36 | AMD | Advanced Micro Devices | 股票-科技 | 0.51% | +1.09% | -0.21% | |
| 37 | AXP | American Express Co | 股票-金融 | 0.51% | -0.11% | +14.05% | |
| 38 | VRTX | Vertex Pharmaceuticals Inc | 股票-醫療保健 | 0.51% | -0.08% | +29.06% | |
| 39 | IQV | Iqvia Holdings Inc | 股票-醫療保健 | 0.50% | -0.08% | +64.01% | |
| 40 | HD | Home Depot Inc | 股票-循環性消費 | 0.50% | +0.07% | -13.30% | |
| 41 | SPGI | S&p Global Inc | 股票-金融 | 0.48% | -0.05% | +48.97% | |
| 42 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.48% | -0.10% | -25.67% | |
| 43 | WAB | Wabtec CORP | 股票-工業 | 0.48% | +0.01% | -7.45% | |
| 44 | NU | Nu Holdings Ltd. | 股票-金融 | 0.48% | — | +16.95% | |
| 45 | NEE | Nextera Energy Inc | 股票-公用事業 | 0.47% | -0.09% | +71.32% | |
| 46 | ALNY | Alnylam Pharmaceuticals Inc | 股票-醫療保健 | 0.44% | +0.04% | +5.61% | |
| 47 | MPWR | Monolithic Power Systems Inc | 股票-科技 | 0.43% | -0.05% | +9.94% | |
| 48 | ADI | Analog Devices Inc | 股票-科技 | 0.42% | +0.06% | +19.25% | |
| 49 | ON | On Semiconductor | 股票-科技 | 0.41% | -0.12% | -5.62% | |
| 50 | ICE | Intercontinental Exchange In | 股票-金融 | 0.41% | -0.15% | -24.79% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | GOOGL | Alphabet Inc-cl A | +0.9% | +6.84% | 加碼 |
| 2 | LLY | Eli Lilly & Co | +0.6% | -3.01% | 減碼 |
| 3 | REGN | Regeneron Pharmaceuticals | +0.3% | +21.14% | 加碼 |
| 4 | MU | Micron Technology Inc | +0.2% | -8.95% | 減碼 |
| 5 | IQV | Iqvia Holdings Inc | +0.2% | +64.01% | 加碼 |
| 6 | ABBV | Abbvie Inc | +0.2% | +28.95% | 加碼 |
| 7 | NEE | Nextera Energy Inc | +0.2% | +71.32% | 加碼 |
| 8 | RVMD | Revolution Medicines Inc | +0.2% | +18.68% | 加碼 |
| 9 | AMZN | Amazon.com Inc | +0.2% | +7.17% | 加碼 |
| 10 | ISRG | Intuitive Surgical Inc | +0.2% | +7.76% | 加碼 |
| 11 | GILD | Gilead Sciences Inc | +0.2% | +13.07% | 加碼 |
| 12 | KEYS | Keysight Technologies In | +0.2% | +102.80% | 加碼 |
| 13 | TMO | Thermo Fisher Scientific Inc | +0.2% | +9.41% | 加碼 |
| 14 | BIIB | Biogen Inc | +0.2% | +108.08% | 加碼 |
| 15 | SPGI | S&p Global Inc | +0.2% | +48.97% | 加碼 |
| 16 | 430 | Terns Pharmaceuticals Inc | +0.2% | -46.70% | 減碼 |
| 17 | COGT | Cogent Biosciences Inc | +0.2% | +35.87% | 加碼 |
| 18 | JNJ | Johnson & Johnson | +0.2% | +17.86% | 加碼 |
| 19 | VRTX | Vertex Pharmaceuticals Inc | +0.2% | +29.06% | 加碼 |
| 20 | PRAX | Praxis Precision Medicines I | +0.1% | +75.91% | 加碼 |
| 21 | PLD | Prologis Inc | +0.1% | +223.07% | 加碼 |
| 22 | THC | Tenet Healthcare CORP | +0.1% | +412.99% | 加碼 |
| 23 | CELC | Celcuity Inc | +0.1% | +21.86% | 加碼 |
| 24 | FIX | Comfort Systems USA Inc | +0.1% | +5318.77% | 加碼 |
| 25 | GOOG | Alphabet Inc-cl C | +0.1% | -10.19% | 減碼 |
| 26 | V | Visa Inc-class A Shares | +0.1% | +14.65% | 加碼 |
| 27 | RY | Royal Bank Of Canada | +0.1% | +424.00% | 加碼 |
| 28 | WPC | Wp Carey Inc | +0.1% | +257.70% | 加碼 |
| 29 | LRCX | Lam Research CORP | +0.1% | -6.26% | 減碼 |
| 30 | AMD | Advanced Micro Devices | +0.1% | -0.21% | 減碼 |
| 31 | ROIV | Roivant Sciences Ltd. | +0.1% | +15.40% | 加碼 |
| 32 | ADBE | Adobe Inc | +0.1% | +140.21% | 加碼 |
| 33 | KMB | Kimberly-clark CORP | +0.1% | +834.33% | 加碼 |
| 34 | AXP | American Express Co | +0.1% | +14.05% | 加碼 |
| 35 | XYL | Xylem Inc | +0.1% | +37.04% | 加碼 |
| 36 | MDB | Mongodb Inc | +0.1% | +7.74% | 加碼 |
| 37 | IDXX | Idexx Laboratories Inc | +0.1% | +120.06% | 加碼 |
| 38 | MAR | Marriott International -cl A | +0.1% | +73.18% | 加碼 |
| 39 | CIB | Grupo Cibest Sa-adr | +0.1% | +87.20% | 加碼 |
| 40 | ADI | Analog Devices Inc | +0.1% | +19.25% | 加碼 |
| 41 | DHR | Danaher CORP | +0.1% | +5.60% | 加碼 |
| 42 | EXPE | Expedia Group Inc | +0.1% | +70.29% | 加碼 |
| 43 | C | Citigroup Inc | +0.1% | +47.80% | 加碼 |
| 44 | TGT | Target CORP | +0.1% | +56.93% | 加碼 |
| 45 | MCK | Mckesson CORP | +0.1% | +7.94% | 加碼 |
| 46 | NU | Nu Holdings Ltd. | +0.1% | +16.95% | 加碼 |
| 47 | CVS | Cvs Health CORP | +0.1% | +102.03% | 加碼 |
| 48 | ROK | Rockwell Automation Inc | +0.1% | +16.62% | 加碼 |
| 49 | PH | Parker Hannifin CORP | +0.1% | +17.02% | 加碼 |
| 50 | MIRM | Mirum Pharmaceuticals Inc | +0.1% | +41.33% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Candriam S.C.A. 在 Q4 2025 季度的美股持倉總市值約為 US$222.1億，共申報了 685 個公開持股部位。
在 Q4 2025 季度，Candriam S.C.A. 按市值排列的前三大核心持股分別為：NVDA (6.3%)、MSFT (6.3%)、AAPL (4.5%)。其中最大持股部位 NVDA 佔據整體投資組合約 6.3% 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
BABA
市值: US$4047.0萬
本季最大獲利了結 / 清倉標的
OLED
前期市值: US$2714.8萬
在 Q4 2025 季度中，Candriam S.C.A. 共進行了 200 項持倉異動，包含新建倉 17 個部位、加碼 89 個部位、減碼 84 個部位以及清倉 10 個部位。 其中最大新建倉標的為 BABA。 本季清倉部位包含 OLED。
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。