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: 0000811360
申報總市值
US$10.2億
US$10.2億
81 檔
26.6%
根據最新整理的 13F 季度數據集，Capital Investment Services of America, Inc. 於 Q4 2025 結束時的管理資產規模為 US$10.2億。該機構在本季度申報了 81 檔美股持倉，呈現出該時期的主要投資地圖。
Capital Investment Services of America, Inc. 在 Q4 2025 的調整主要集中於風險出清，清倉與減碼部位合計達 36 檔，反映機構對當前市場環境或個別公司估值採取較為保留之看法。
檢視投資組合結構，前 5 大主力部位（包含 NVDA, GOOG, MSFT）占據了總市值的 26.6%，展現出該機構在 Q4 2025 的重點資金聚焦與風險分佈特徵。
| # | 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 | 6.46% | +0.12% | -5.06% | |
| 2 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 5.73% | +0.60% | -6.07% | |
| 3 | MSFT | Microsoft CORP | 股票-科技 | 5.02% | -0.20% | -4.12% | |
| 4 | VCSH | Vanguard S/t CORP Bond ETF | ETF-投資等級公司債 | 4.93% | -0.38% | +1.40% | |
| 5 | ORCL | Oracle CORP | 股票-科技 | 3.52% | -0.21% | -10.17% | |
| 6 | PTC | Ptc Inc | 股票-科技 | 3.02% | -0.70% | -3.27% | |
| 7 | WAB | Wabtec CORP | 股票-工業 | 2.96% | -0.22% | -1.10% | |
| 8 | TJX | Tjx Companies Inc | 股票-循環性消費 | 2.88% | -0.38% | -4.03% | |
| 9 | DHR | Danaher CORP | 股票-醫療保健 | 2.87% | -0.14% | -2.52% | |
| 10 | ECL | Ecolab Inc | 股票-原物料 | 2.83% | -0.08% | -2.32% | |
| 11 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.83% | +0.13% | -1.92% | |
| 12 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 2.70% | -0.06% | -0.87% | |
| 13 | QCOM | Qualcomm Inc | 股票-科技 | 2.61% | +0.55% | -3.32% | |
| 14 | RMD | Resmed Inc | 股票-醫療保健 | 2.61% | -0.49% | -2.66% | |
| 15 | NOW | Servicenow Inc | 股票-科技 | 2.60% | -0.15% | +393.05% | |
| 16 | SYK | Stryker CORP | 股票-醫療保健 | 2.50% | -0.24% | -1.98% | |
| 17 | IDXX | Idexx Laboratories Inc | 股票-醫療保健 | 2.45% | -0.26% | -3.50% | |
| 18 | SSNC | Ss&c Technologies Holdings | 股票-科技 | 2.29% | -0.30% | -4.51% | |
| 19 | TYL | Tyler Technologies Inc | 股票-科技 | 2.27% | -0.36% | -0.64% | |
| 20 | APG | Api Group CORP | 股票-工業 | 2.21% | -0.15% | -1.28% | |
| 21 | CPAY | Corpay Inc | 股票-科技 | 2.20% | +0.14% | -0.15% | |
| 22 | SNOW | Snowflake Inc | 股票-科技 | 2.09% | +0.98% | -0.64% | |
| 23 | ROP | Roper Technologies Inc | 股票-科技 | 1.99% | -0.19% | -0.04% | |
| 24 | ADBE | Adobe Inc | 股票-科技 | 1.92% | -1.03% | -4.06% | |
| 25 | VEEV | Veeva Systems Inc-class A | 股票-醫療保健 | 1.74% | -0.01% | +1.25% | |
| 26 | VGSH | Vanguard Short-term Treasury | ETF-政府公債 | 1.74% | -0.09% | +19.41% | |
| 27 | VSDM | Vanguard Short Tax-ex Bond | ETF-其他 | 1.72% | +0.07% | +49.96% | |
| 28 | IEI | Ishares 3-7 Year Treasury Bo | ETF-政府公債 | 1.66% | -0.19% | +0.08% | |
| 29 | VGIT | Vanguard Intermediate-term T | ETF-其他 | 1.63% | -0.13% | +2.90% | |
| 30 | SBUX | Starbucks CORP | 股票-循環性消費 | 1.44% | +0.11% | -1.57% | |
| 31 | ITW | Illinois Tool Works | 股票-工業 | 1.41% | -0.06% | -5.72% | |
| 32 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 1.27% | +0.14% | -2.10% | |
| 33 | FISV | Fiserv Inc | 股票-其他 | 1.27% | -0.37% | -16.08% | |
| 34 | ILMN | Illumina Inc | 股票-醫療保健 | 1.21% | +0.61% | +4.50% | |
| 35 | SHY | Ishares 1-3 Year Treasury Bo | ETF-政府公債 | 1.13% | -0.11% | +0.91% | |
| 36 | PWR | Quanta Services Inc | 股票-工業 | 0.99% | +0.33% | +59.12% | |
| 37 | ZBRA | Zebra Technologies Corp-cl A | 股票-科技 | 0.94% | +0.40% | -31.70% | |
| 38 | SNPS | Synopsys Inc | 股票-科技 | 0.78% | +0.23% | -43.46% | |
| 39 | VTES | Vanguard Sh Term Tax-ex Bond | ETF-其他 | 0.73% | -0.28% | +0.07% | |
| 40 | IGSB | Ishares 1-5y Inv Grade CORP | ETF-其他 | 0.62% | -0.05% | -1.43% | |
| 41 | MUB | Ishares National Muni Bond E | ETF-其他 | 0.55% | -0.05% | — | |
| 42 | FAST | Fastenal Co | 股票-工業 | 0.50% | -0.03% | -3.93% | |
| 43 | BND | Vanguard Total Bond Market | ETF-其他 | 0.48% | -0.09% | -7.35% | |
| 44 | AME | Ametek Inc | 股票-工業 | 0.46% | +0.03% | — | |
| 45 | PYPL | Paypal Holdings Inc | 股票-金融 | 0.42% | -0.02% | -13.47% | |
| 46 | VUSB | Vanguard Ultra Short Bond Et | ETF-其他 | 0.37% | -0.02% | -0.34% | |
| 47 | VTEB | Vanguard Tax-exempt Bond ETF | ETF-其他 | 0.37% | -0.03% | -17.07% | |
| 48 | VGUS | Vanguard Ultra Shrt Treasury | ETF-政府公債 | 0.25% | — | +62.23% | |
| 49 | VBIL | Vanguard 0-3m T-bill ETF | ETF-其他 | 0.22% | +0.21% | +20.74% | |
| 50 | FTV | Fortive CORP | 股票-科技 | 0.19% | — | -12.23% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | GOOG | Alphabet Inc-cl C | +1.3% | -6.07% | 減碼 |
| 2 | VSDM | Vanguard Short Tax-ex Bond | +0.6% | +49.96% | 加碼 |
| 3 | DHR | Danaher CORP | +0.5% | -2.52% | 減碼 |
| 4 | PWR | Quanta Services Inc | +0.4% | +59.12% | 加碼 |
| 5 | ILMN | Illumina Inc | +0.4% | +4.50% | 加碼 |
| 6 | VGSH | Vanguard Short-term Treasury | +0.4% | +19.41% | 加碼 |
| 7 | VCSH | Vanguard S/t CORP Bond ETF | +0.4% | +1.40% | 加碼 |
| 8 | GOOGL | Alphabet Inc-cl A | +0.3% | -2.10% | 減碼 |
| 9 | APG | Api Group CORP | +0.3% | -1.28% | 減碼 |
| 10 | WAB | Wabtec CORP | +0.3% | -1.10% | 減碼 |
| 11 | AMZN | Amazon.com Inc | +0.3% | -1.92% | 減碼 |
| 12 | TJX | Tjx Companies Inc | +0.2% | -4.03% | 減碼 |
| 13 | CPAY | Corpay Inc | +0.2% | -0.15% | 減碼 |
| 14 | IDXX | Idexx Laboratories Inc | +0.2% | -3.50% | 減碼 |
| 15 | VGIT | Vanguard Intermediate-term T | +0.1% | +2.90% | 加碼 |
| 16 | BKNG | Booking Holdings Inc | +0.1% | -0.87% | 減碼 |
| 17 | VGUS | Vanguard Ultra Shrt Treasury | +0.1% | +62.23% | 加碼 |
| 18 | AXON | Axon Enterprise Inc | +0.1% | +184.06% | 加碼 |
| 19 | VCRM | Vanguard Core Tax-ex Bond | +0.1% | +51.10% | 加碼 |
| 20 | AME | Ametek Inc | +0.1% | — | 不變 |
| 21 | NVDA | Nvidia CORP | +0.1% | -5.06% | 減碼 |
| 22 | SBUX | Starbucks CORP | +0.1% | -1.57% | 減碼 |
| 23 | SNOW | Snowflake Inc | +0.1% | -0.64% | 減碼 |
| 24 | VBIL | Vanguard 0-3m T-bill ETF | +0.1% | +20.74% | 加碼 |
| 25 | ADBE | Adobe Inc | 0% | -4.06% | 減碼 |
| 26 | ECL | Ecolab Inc | 0% | -2.32% | 減碼 |
| 27 | SSNC | Ss&c Technologies Holdings | 0% | -4.51% | 減碼 |
| 28 | BND | Vanguard Total Bond Market | 0% | -7.35% | 減碼 |
| 29 | GVI | Ishares Intermediate Governm | 0% | -15.09% | 減碼 |
| 30 | FLOT | Ishares Floating Rate Bond E | 0% | -33.63% | 減碼 |
| 31 | ADP | Automatic Data Processing | 0% | — | 不變 |
| 32 | SYK | Stryker CORP | 0% | -1.98% | 減碼 |
| 33 | VTEB | Vanguard Tax-exempt Bond ETF | -0.1% | -17.07% | 減碼 |
| 34 | ITW | Illinois Tool Works | -0.1% | -5.72% | 減碼 |
| 35 | FAST | Fastenal Co | -0.1% | -3.93% | 減碼 |
| 36 | ROP | Roper Technologies Inc | -0.1% | -0.04% | 減碼 |
| 37 | PYPL | Paypal Holdings Inc | -0.1% | -13.47% | 減碼 |
| 38 | TYL | Tyler Technologies Inc | -0.2% | -0.64% | 減碼 |
| 39 | MSFT | Microsoft CORP | -0.3% | -4.12% | 減碼 |
| 40 | RMD | Resmed Inc | -0.3% | -2.66% | 減碼 |
| 41 | NOW | Servicenow Inc | -0.4% | +393.05% | 加碼 |
| 42 | PTC | Ptc Inc | -0.4% | -3.27% | 減碼 |
| 43 | VEEV | Veeva Systems Inc-class A | -0.4% | +1.25% | 加碼 |
| 44 | SNPS | Synopsys Inc | -0.6% | -43.46% | 減碼 |
| 45 | ZBRA | Zebra Technologies Corp-cl A | -0.6% | -31.70% | 減碼 |
| 46 | FISV | Fiserv Inc | -1.5% | -16.08% | 減碼 |
| 47 | ORCL | Oracle CORP | -1.8% | -10.17% | 減碼 |
| 48 | HD | Home Depot Inc | — | EXIT | 清倉 |
| 49 | MA | Mastercard Inc - A | — | EXIT | 清倉 |
| 50 | MCK | Mckesson CORP | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Capital Investment Services of America, Inc. 在 Q4 2025 季度的美股持倉總市值約為 US$10.2億，共申報了 81 個公開持股部位。
在 Q4 2025 季度，Capital Investment Services of America, Inc. 按市值排列的前三大核心持股分別為：NVDA (6.5%)、GOOG (5.7%)、MSFT (5.0%)。其中最大持股部位 NVDA 佔據整體投資組合約 6.5% 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。
本季最大獲利了結 / 清倉標的
HD
前期市值: US$28.9萬
在 Q4 2025 季度中，Capital Investment Services of America, Inc. 共進行了 48 項持倉異動，包含新建倉 0 個部位、加碼 12 個部位、減碼 33 個部位以及清倉 3 個部位。 本季清倉部位包含 HD。
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。