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: 0001562230
申報總市值
US$4836.1億
US$4836.1億
454 檔
31.8%
Q4 2025 季度申報顯示，Capital International Investors 揭露的美股組合總市值為 US$4836.1億，涵蓋 454 個不同之權益投資部位。
Q4 2025 的申報記錄反映 Capital International Investors 的板塊替換策略：機構本季推動了 113 筆增持與 87 筆減持，籌碼呈現明顯的結構重組。
整體而言，Capital International Investors 的前 5 大持股（包含 AVGO, MSFT, GOOG）貢獻了組合市值的 31.8%，形成該機構在 Q4 2025 季度的基本面基石。
僅顯示前 200 大持股（共 454 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 | AVGO | Broadcom Inc | 股票-科技 | 7.70% | +0.30% | -3.15% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 6.19% | -0.61% | +2.76% | |
| 3 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 4.14% | -0.01% | -2.33% | |
| 4 | AAPL | Apple Inc | 股票-科技 | 3.06% | +0.07% | +28.16% | |
| 5 | NVDA | Nvidia CORP | 股票-科技 | 3.03% | -0.14% | +1.73% | |
| 6 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 2.66% | -0.21% | +5.00% | |
| 7 | PM | Philip Morris International | 股票-非循環性消費 | 2.55% | -0.12% | +13.71% | |
| 8 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.52% | -0.02% | +8.86% | |
| 9 | GE | General Electric | 股票-工業 | 2.02% | +0.14% | -6.56% | |
| 10 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 1.73% | -0.22% | -4.69% | |
| 11 | LLY | Eli Lilly & Co | 股票-醫療保健 | 1.66% | +0.10% | -1.32% | |
| 12 | MA | Mastercard Inc - A | 股票-金融 | 1.61% | -0.08% | +4.41% | |
| 13 | RCL | Royal Caribbean Cruises Ltd. | 股票-循環性消費 | 1.58% | -0.01% | +9.76% | |
| 14 | WELL | Welltower Inc | 股票-房地產 | 1.38% | +0.19% | +1.97% | |
| 15 | TDG | Transdigm Group Inc | 股票-工業 | 1.36% | -0.10% | +0.85% | |
| 16 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.34% | -0.01% | -5.36% | |
| 17 | RTX | Rtx CORP | 股票-工業 | 1.28% | -0.21% | -18.92% | |
| 18 | ABT | Abbott Laboratories | 股票-醫療保健 | 1.24% | -0.25% | +2.62% | |
| 19 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 1.22% | +0.26% | +0.06% | |
| 20 | V | Visa Inc-class A Shares | 股票-金融 | 1.18% | +0.05% | +1.15% | |
| 21 | KLAC | Kla CORP | 股票-科技 | 1.04% | +1.27% | -4.82% | |
| 22 | NOC | Northrop Grumman CORP | 股票-工業 | 1.03% | -0.51% | -2.43% | |
| 23 | MU | Micron Technology Inc | 股票-科技 | 0.99% | +1.77% | -5.63% | |
| 24 | SHOP | Shopify Inc - Class A | 股票-科技 | 0.97% | -0.09% | -0.70% | |
| 25 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 0.97% | +0.10% | +6.60% | |
| 26 | CRM | Salesforce Inc | 股票-科技 | 0.94% | -0.29% | +13.32% | |
| 27 | AMGN | Amgen Inc | 股票-醫療保健 | 0.93% | -0.47% | -5.25% | |
| 28 | CEG | Constellation Energy | 股票-公用事業 | 0.93% | -0.11% | -35.62% | |
| 29 | TFC | Truist Financial CORP | 股票-金融 | 0.84% | +0.05% | +0.66% | |
| 30 | KKR | Kkr & Co Inc | 股票-金融 | 0.74% | -0.07% | +18.61% | |
| 31 | ACN | Accenture plc | 股票-科技 | 0.73% | -0.15% | +2.00% | |
| 32 | MDLZ | Mondelez International Inc-a | 股票-非循環性消費 | 0.73% | -0.07% | +10.67% | |
| 33 | SRE | Sempra | 股票-公用事業 | 0.72% | -0.15% | -4.24% | |
| 34 | COP | Conocophillips | 股票-能源 | 0.71% | -0.34% | +5.95% | |
| 35 | DHR | Danaher CORP | 股票-醫療保健 | 0.65% | -0.01% | +8.88% | |
| 36 | IR | Ingersoll-rand Inc | 股票-工業 | 0.65% | -0.08% | +4.70% | |
| 37 | ASML | ASML Holding N.V. | 股票-科技 | 0.57% | +0.45% | -13.01% | |
| 38 | MS | Morgan Stanley | 股票-金融 | 0.57% | -0.01% | -24.81% | |
| 39 | B | Barrick Mining CORP | 股票-原物料 | 0.57% | -0.11% | -17.84% | |
| 40 | BTI | British American Tob-sp Adr | 股票-非循環性消費 | 0.57% | -0.04% | +0.52% | |
| 41 | MRSH | Marsh & Mclennan Cos | 股票-金融 | 0.55% | -0.10% | +0.95% | |
| 42 | MELI | Mercadolibre Inc | 股票-循環性消費 | 0.54% | -0.04% | +7.34% | |
| 43 | TTE | TotalEnergies SE | 股票-其他 | 0.54% | -0.38% | — | |
| 44 | PGR | Progressive CORP | 股票-金融 | 0.53% | -0.06% | +8.88% | |
| 45 | PAYX | Paychex Inc | 股票-科技 | 0.53% | -0.06% | +59.11% | |
| 46 | CNP | Centerpoint Energy Inc | 股票-公用事業 | 0.52% | +0.03% | -1.26% | |
| 47 | LIN | Linde plc | 股票-原物料 | 0.51% | -0.15% | +20.13% | |
| 48 | APH | Amphenol Corp-cl A | 股票-科技 | 0.50% | +0.52% | +31.51% | |
| 49 | APD | Air Products & Chemicals Inc | 股票-原物料 | 0.50% | -0.10% | +44.22% | |
| 50 | MSTR | Strategy Inc | 股票-科技 | 0.49% | -0.29% | +37.30% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | AAPL | Apple Inc | +0.8% | +28.16% | 加碼 |
| 2 | GOOG | Alphabet Inc-cl C | +0.8% | -2.33% | 減碼 |
| 3 | LLY | Eli Lilly & Co | +0.4% | -1.32% | 減碼 |
| 4 | MU | Micron Technology Inc | +0.4% | -5.63% | 減碼 |
| 5 | GOOGL | Alphabet Inc-cl A | +0.3% | -4.69% | 減碼 |
| 6 | AMZN | Amazon.com Inc | +0.3% | +8.86% | 加碼 |
| 7 | PM | Philip Morris International | +0.2% | +13.71% | 加碼 |
| 8 | CRM | Salesforce Inc | +0.2% | +13.32% | 加碼 |
| 9 | PSA | Public Storage | +0.2% | +821.38% | 加碼 |
| 10 | PAYX | Paychex Inc | +0.1% | +59.11% | 加碼 |
| 11 | APH | Amphenol Corp-cl A | +0.1% | +31.51% | 加碼 |
| 12 | FLUT | Flutter Entertainment plc | +0.1% | +146.84% | 加碼 |
| 13 | JNJ | Johnson & Johnson | +0.1% | +93.30% | 加碼 |
| 14 | HUM | Humana Inc | +0.1% | +113.86% | 加碼 |
| 15 | DHR | Danaher CORP | +0.1% | +8.88% | 加碼 |
| 16 | APD | Air Products & Chemicals Inc | +0.1% | +44.22% | 加碼 |
| 17 | VRSK | Verisk Analytics Inc | +0.1% | +1200.93% | 加碼 |
| 18 | WSO | Watsco Inc | +0.1% | +103.11% | 加碼 |
| 19 | RYAAY | Ryanair Holdings Plc-sp Adr | +0.1% | +6.58% | 加碼 |
| 20 | LII | Lennox International Inc | +0.1% | +91.25% | 加碼 |
| 21 | KKR | Kkr & Co Inc | +0.1% | +18.61% | 加碼 |
| 22 | ATI | Ati Inc | +0.1% | -0.30% | 減碼 |
| 23 | SPGI | S&p Global Inc | +0.1% | +43.60% | 加碼 |
| 24 | TSM | Taiwan Semiconductor-sp Adr | +0.1% | +0.06% | 加碼 |
| 25 | KDP | Keurig Dr Pepper Inc | +0.1% | +1987.44% | 加碼 |
| 26 | AMGN | Amgen Inc | +0.1% | -5.25% | 減碼 |
| 27 | YUM | Yum! Brands Inc | +0.1% | +20.03% | 加碼 |
| 28 | AMT | American Tower CORP | +0.1% | +156.98% | 加碼 |
| 29 | ACN | Accenture plc | +0.1% | +2.00% | 加碼 |
| 30 | TFC | Truist Financial CORP | +0.1% | +0.66% | 加碼 |
| 31 | FTAI | FTAI Aviation Ltd. | +0.1% | -1.18% | 減碼 |
| 32 | DAL | Delta Air Lines Inc | +0.1% | +4.36% | 加碼 |
| 33 | ALGN | Align Technology Inc | +0.1% | +52.22% | 加碼 |
| 34 | EXR | Extra Space Storage Inc | +0.1% | +73.91% | 加碼 |
| 35 | STZ | Constellation Brands Inc-a | +0.1% | +48.55% | 加碼 |
| 36 | WELL | Welltower Inc | 0% | +1.97% | 加碼 |
| 37 | KLAC | Kla CORP | 0% | -4.82% | 減碼 |
| 38 | SHOP | Shopify Inc - Class A | 0% | -0.70% | 減碼 |
| 39 | PNC | Pnc Financial Services Group | 0% | +10.16% | 加碼 |
| 40 | VRTX | Vertex Pharmaceuticals Inc | 0% | +0.95% | 加碼 |
| 41 | MTD | Mettler-toledo International | 0% | +12.74% | 加碼 |
| 42 | BLD | Topbuild CORP | 0% | +71.10% | 加碼 |
| 43 | MAR | Marriott International -cl A | 0% | +7.10% | 加碼 |
| 44 | WCN | Waste Connections Inc | 0% | +28.15% | 加碼 |
| 45 | SLB | Slb LTD | 0% | +86.87% | 加碼 |
| 46 | MA | Mastercard Inc - A | 0% | +4.41% | 加碼 |
| 47 | B | Barrick Mining CORP | 0% | -17.84% | 減碼 |
| 48 | BURL | Burlington Stores Inc | 0% | -1.51% | 減碼 |
| 49 | RPRX | Royalty Pharma plc | 0% | +14.30% | 加碼 |
| 50 | KO | Coca-cola Co/the | 0% | +10.98% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Capital International Investors 在 Q4 2025 季度的美股持倉總市值約為 US$4836.1億，共申報了 454 個公開持股部位。
在 Q4 2025 季度，Capital International Investors 按市值排列的前三大核心持股分別為：AVGO (7.7%)、MSFT (6.2%)、GOOG (4.1%)。其中最大持股部位 AVGO 佔據整體投資組合約 7.7% 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
TTE
市值: US$34.4億
本季最大獲利了結 / 清倉標的
DAY
前期市值: US$13.2億
在 Q4 2025 季度中，Capital International Investors 共進行了 200 項持倉異動，包含新建倉 18 個部位、加碼 95 個部位、減碼 73 個部位以及清倉 14 個部位。 其中最大新建倉標的為 TTE。 本季清倉部位包含 DAY。
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。