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: 0002035512
申報總市值
US$2.7億
US$2.7億
154 檔
30.6%
Cascades Capital Asset Management, LLC 在 Q3 2025 季度的美股部位總計估值為 US$2.7億，分散於 154 個持倉標的之中，反映其市場參與廣度與投資規模。
Cascades Capital Asset Management, LLC 於 Q3 2025 展現出進攻型調倉步調，本季推動了 29 檔股票的新建倉與 59 檔既有部位加碼，整體資金傾向擴大在美股市場的曝險佈局。
在資產配置集中度方面，Cascades Capital Asset Management, LLC 的前 5 大核心持股（包含 VOO, VIG, MSFT 等）合計佔整體申報市值的 30.6%，反映機構在主要關鍵部位上的權重分佈。
| # | 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 | VOO | Vanguard S&p 500 ETF | ETF-大型股與成長 | 10.00% | +0.61% | +3.99% | |
| 2 | VIG | Vanguard Dividend Apprec ETF | ETF-其他 | 9.50% | +0.16% | +13.40% | |
| 3 | MSFT | Microsoft CORP | 股票-科技 | 6.09% | -0.67% | +3.10% | |
| 4 | VOOV | Vanguard S&p 500 Value ETF | ETF-大型股與成長 | 5.83% | -0.36% | +1.08% | |
| 5 | AAPL | Apple Inc | 股票-科技 | 4.94% | -0.04% | +0.19% | |
| 6 | NVDA | Nvidia CORP | 股票-科技 | 4.58% | -0.17% | +4.99% | |
| 7 | VUG | Vanguard Growth ETF | ETF-其他 | 2.99% | +0.13% | -0.21% | |
| 8 | USFR | Wisdomtree Floating Rate Tre | ETF-其他 | 2.93% | -0.26% | -4.23% | |
| 9 | VO | Vanguard Mid-cap ETF | ETF-其他 | 2.32% | +0.05% | +20.82% | |
| 10 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 2.23% | +0.17% | +18.33% | |
| 11 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 1.97% | +0.03% | -1.98% | |
| 12 | VIGI | Vanguard Int Div App Indx Fd | ETF-其他 | 1.68% | -0.56% | +47.23% | |
| 13 | USMV | Ishares Msci USA Min Vol Fac | ETF-其他 | 1.64% | -0.01% | -18.43% | |
| 14 | IEI | Ishares 3-7 Year Treasury Bo | ETF-政府公債 | 1.63% | -0.25% | +15.07% | |
| 15 | VTV | Vanguard Value ETF | ETF-其他 | 1.55% | +1.02% | +1960.04% | |
| 16 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.23% | -0.27% | +0.29% | |
| 17 | ✓ | Powershares Qqq Trust Ser 1 | 股票-其他 | 1.18% | +0.31% | +27.65% | |
| 18 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 1.18% | +0.31% | -0.23% | |
| 19 | FNDX | Schwab Fndmntl US Lrg Co ETF | ETF-其他 | 1.13% | -0.02% | +7.36% | |
| 20 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 1.09% | -0.07% | -0.22% | |
| 21 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.98% | +0.11% | +2.07% | |
| 22 | V | Visa Inc-class A Shares | 股票-金融 | 0.95% | -0.02% | +0.30% | |
| 23 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.90% | -0.01% | +0.09% | |
| 24 | SCHD | Schwab U.S. Dividend Equity ETF | ETF-其他 | 0.89% | -0.05% | +59.47% | |
| 25 | MCD | Mcdonald's CORP | 股票-循環性消費 | 0.87% | -0.21% | -0.03% | |
| 26 | HD | Home Depot Inc | 股票-循環性消費 | 0.83% | -0.04% | +6.14% | |
| 27 | JPM 6 PERP EE債券 | Jpmorgan Chase & Co | 債券 | 0.82% | -0.21% | +4.58% | |
| 28 | FBNC | First Bancorp/nc | 股票-其他 | 0.82% | — | -1.40% | |
| 29 | XOM | Exxon Mobil CORP | 股票-能源 | 0.78% | -0.33% | +6.83% | |
| 30 | PSFF | Pacer Swan Sos Fund Of Funds | ETF-其他 | 0.73% | -0.05% | -9.77% | |
| 31 | DUK | Duke Energy CORP | 股票-公用事業 | 0.69% | +0.04% | +6.16% | |
| 32 | AMZN | Amazon.com Inc | 股票-循環性消費 | 0.69% | -0.03% | +4.23% | |
| 33 | BAC 6 PERP GG債券 | Bank Of America CORP | 債券 | 0.63% | -0.19% | +4.65% | |
| 34 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.59% | +0.01% | +0.30% | |
| 35 | LMT | Lockheed Martin CORP | 股票-工業 | 0.57% | -0.21% | +2.31% | |
| 36 | LRGE | Clearbridge Large Cap Growth | ETF-大型股與成長 | 0.56% | -0.01% | — | |
| 37 | JEPI | Jpmorgan Equity Premium Inco | ETF-其他 | 0.55% | -0.02% | -8.93% | |
| 38 | FLOT | Ishares Floating Rate Bond E | ETF-其他 | 0.55% | -0.11% | +30.87% | |
| 39 | FDS | Factset Research Systems Inc | 股票-金融 | 0.55% | -0.03% | +0.02% | |
| 40 | VGT | Vanguard Info Tech ETF | ETF-科技型 | 0.53% | +0.13% | +10.41% | |
| 41 | SCHI | Schwab 5-10 Year Corporate B | ETF-投資等級公司債 | 0.49% | -0.09% | — | |
| 42 | ✓ | Raytheon Company | 股票-其他 | 0.46% | -0.08% | — | |
| 43 | CAT | Caterpillar Inc | 股票-工業 | 0.45% | +0.18% | -0.93% | |
| 44 | VZ | Verizon Communications Inc | 股票-通訊服務 | 0.43% | -0.06% | +9.65% | |
| 45 | IEF | Ishares 7-10 Year Treasury B | ETF-政府公債 | 0.43% | -0.11% | — | |
| 46 | LOW | Lowe's Cos Inc | 股票-循環性消費 | 0.42% | +0.05% | -1.54% | |
| 47 | IGV | Ishares Expanded Tech-softwa | ETF-科技型 | 0.41% | — | -15.65% | |
| 48 | BAC | Bank Of America CORP | 股票-金融 | 0.41% | -0.07% | +1.31% | |
| 49 | DGRO | Ishares Core Dividend Growth | ETF-其他 | 0.41% | -0.02% | +8.40% | |
| 50 | SMHUSD | Market Vectors Semiconductor | ETF-其他 | 0.40% | +0.09% | +7.60% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | VIG | Vanguard Dividend Apprec ETF | +1.7% | +13.40% | 加碼 |
| 2 | VTV | Vanguard Value ETF | +1.5% | +1960.04% | 加碼 |
| 3 | NVDA | Nvidia CORP | +1.2% | +4.99% | 減碼 |
| 4 | USMV | Ishares Msci USA Min Vol Fac | +1% | -18.43% | 加碼 |
| 5 | GOOGL | Alphabet Inc-cl A | +0.6% | +18.33% | 加碼 |
| 6 | SCHD | Schwab U.S. Dividend Equity ETF | +0.6% | +59.47% | 加碼 |
| 7 | MSFT | Microsoft CORP | +0.5% | +3.10% | 減碼 |
| 8 | VZ | Verizon Communications Inc | +0.3% | +9.65% | 加碼 |
| 9 | VCSH | Vanguard S/t CORP Bond ETF | +0.2% | +39.94% | 加碼 |
| 10 | JPM | Jpmorgan Chase & Co | +0.2% | +0.09% | 加碼 |
| 11 | AVGO | Broadcom Inc | +0.2% | +42.65% | 加碼 |
| 12 | ✓ | Powershares Qqq Trust Ser 1 | +0.2% | +27.65% | 加碼 |
| 13 | VGT | Vanguard Info Tech ETF | +0.2% | +10.41% | 加碼 |
| 14 | VUG | Vanguard Growth ETF | +0.2% | -0.21% | 減碼 |
| 15 | DUK | Duke Energy CORP | +0.1% | +6.16% | 加碼 |
| 16 | XLI | Ss Industrial Select Sector | +0.1% | — | 加碼 |
| 17 | MU | Micron Technology Inc | +0.1% | +36.74% | 加碼 |
| 18 | ORCL | Oracle CORP | +0.1% | +13.52% | 加碼 |
| 19 | WFC | Wells Fargo & Co | +0.1% | +82.35% | 加碼 |
| 20 | PLTR | Palantir Technologies Inc-a | +0.1% | +14.84% | 加碼 |
| 21 | VO | Vanguard Mid-cap ETF | +0.1% | +20.82% | 加碼 |
| 22 | JEPI | Jpmorgan Equity Premium Inco | +0.1% | -8.93% | 加碼 |
| 23 | TSLA | Tesla Inc | +0.1% | +2.44% | 加碼 |
| 24 | MO | Altria Group Inc | +0.1% | +16.90% | 加碼 |
| 25 | IEI | Ishares 3-7 Year Treasury Bo | +0.1% | +15.07% | 加碼 |
| 26 | AMZN | Amazon.com Inc | +0.1% | +4.23% | 加碼 |
| 27 | CAT | Caterpillar Inc | +0.1% | -0.93% | 減碼 |
| 28 | BAC | Bank Of America CORP | +0.1% | +1.31% | 加碼 |
| 29 | GEV | GE Vernova Inc | +0.1% | — | 不變 |
| 30 | SMHUSD | Market Vectors Semiconductor | 0% | +7.60% | 減碼 |
| 31 | AEP | American Electric Power Company, Inc. | 0% | — | 加碼 |
| 32 | GLW | Corning Inc | 0% | — | 不變 |
| 33 | LRCXEUR | Lam Research CORP | 0% | +0.19% | 加碼 |
| 34 | NEM | Newmont CORP | 0% | — | 不變 |
| 35 | CRWD | Crowdstrike Holdings Inc - A | 0% | +4.49% | 減碼 |
| 36 | INTC | Intel CORP | 0% | -2.56% | 減碼 |
| 37 | URI | United Rentals Inc | 0% | — | 不變 |
| 38 | BADEUR | Badger Daylighting LTD | 0% | — | 不變 |
| 39 | KO | Coca-cola Co/the | 0% | +15.64% | 加碼 |
| 40 | FBNC | First Bancorp/nc | 0% | -1.40% | 減碼 |
| 41 | ✓ | Raytheon Company | 0% | — | 加碼 |
| 42 | GLD | Spdr Gold Shares | 0% | +0.22% | 加碼 |
| 43 | WMT | Walmart Inc | 0% | +2.38% | 加碼 |
| 44 | BA | Boeing Co/the | 0% | +12.90% | 加碼 |
| 45 | META | Meta Platforms Inc-class A | 0% | +0.29% | 減碼 |
| 46 | IGV | Ishares Expanded Tech-softwa | 0% | -15.65% | 減碼 |
| 47 | IBM | Intl Business Machines CORP | 0% | +17.67% | 加碼 |
| 48 | CMI | Cummins Inc | 0% | — | 不變 |
| 49 | C | Citigroup Inc | 0% | +15.33% | 加碼 |
| 50 | QQQM | Invesco Nasdaq 100 ETF | 0% | +0.17% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Cascades Capital Asset Management, LLC 在 Q3 2025 季度的美股持倉總市值約為 US$2.7億，共申報了 154 個公開持股部位。
在 Q3 2025 季度，Cascades Capital Asset Management, LLC 按市值排列的前三大核心持股分別為：VOO (10.0%)、VIG (9.5%)、MSFT (6.1%)。其中最大持股部位 VOO 佔據整體投資組合約 10.0% 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
VIGI
市值: US$381.1萬
本季最大獲利了結 / 清倉標的
XLE
前期市值: US$74.1萬
在 Q3 2025 季度中，Cascades Capital Asset Management, LLC 共進行了 158 項持倉異動，包含新建倉 29 個部位、加碼 59 個部位、減碼 53 個部位以及清倉 17 個部位。 其中最大新建倉標的為 VIGI。 本季清倉部位包含 XLE。
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。