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: 0001399794
申報總市值
US$56.9億
US$56.9億
444 檔
44.7%
在 Q4 2025 的 13F 官方備案中，Choate Investment Advisors 管理的美股投資組合規模來到 US$56.9億，整體持股檔數為 444 檔。
Choate Investment Advisors 於 Q4 2025 展現出進攻型調倉步調，本季推動了 5 檔股票的新建倉與 23 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。
從部位權重觀察，前 5 大標的（包含 IVV, OAKM, GVI）累計市值佔比達 44.7%，是驅動 Choate Investment Advisors 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 444 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 | IVV | Ishares Core S&p 500 ETF | ETF-大型股與成長 | 32.84% | +0.85% | -6.23% | |
| 2 | OAKM | Oakmark US Large Cap ETF | ETF-大型股與成長 | 5.02% | -0.41% | -6.68% | |
| 3 | GVI | Ishares Intermediate Governm | ETF-其他 | 4.42% | -0.39% | +11.41% | |
| 4 | VEU | Vanguard Ftse All-world Ex-u | ETF-其他 | 4.30% | +0.21% | +14241.40% | |
| 5 | AAPL | Apple Inc | 股票-科技 | 3.33% | -0.02% | -1.10% | |
| 6 | MSFT | Microsoft CORP | 股票-科技 | 3.09% | -0.26% | +0.16% | |
| 7 | SPYX | Ss Spdr S&p 500 Foss Fl ETF | ETF-大型股與成長 | 2.63% | -0.02% | -2.48% | |
| 8 | MUB | Ishares National Muni Bond E | ETF-其他 | 2.45% | -0.45% | -4.66% | |
| 9 | NVDA | Nvidia CORP | 股票-科技 | 2.36% | +0.03% | +1.40% | |
| 10 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.15% | +0.02% | +1.07% | |
| 11 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 1.84% | +0.16% | -3.78% | |
| 12 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 1.37% | +0.10% | -1.14% | |
| 13 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 1.24% | +0.07% | +1.42% | |
| 14 | VTI | Vanguard Total Stock Mkt ETF | ETF-其他 | 1.11% | +0.15% | +17.82% | |
| 15 | LLY | Eli Lilly & Co | 股票-醫療保健 | 1.02% | +0.16% | +9.36% | |
| 16 | HD | Home Depot Inc | 股票-循環性消費 | 1.00% | -0.08% | -3.98% | |
| 17 | WMT | Walmart Inc | 股票-非循環性消費 | 0.94% | -0.20% | +12.90% | |
| 18 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.88% | -0.01% | +8.33% | |
| 19 | TJX | Tjx Companies Inc | 股票-循環性消費 | 0.83% | -0.13% | +4.21% | |
| 20 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 0.83% | +0.26% | +12.02% | |
| 21 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.79% | -0.08% | +2.62% | |
| 22 | ABT | Abbott Laboratories | 股票-醫療保健 | 0.75% | -0.24% | +9.29% | |
| 23 | V | Visa Inc-class A Shares | 股票-金融 | 0.73% | — | +2.15% | |
| 24 | VEA | Vanguard Ftse Developed ETF | ETF-其他 | 0.70% | +0.03% | +10.76% | |
| 25 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.66% | -0.03% | -4.88% | |
| 26 | MA | Mastercard Inc - A | 股票-金融 | 0.61% | -0.04% | +4.36% | |
| 27 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.55% | -0.10% | +16.61% | |
| 28 | VOO | Vanguard S&p 500 ETF | ETF-大型股與成長 | 0.55% | +0.01% | -56.72% | |
| 29 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.45% | -0.08% | -23.10% | |
| 30 | MRSH | Marsh & Mclennan Cos | 股票-金融 | 0.44% | -0.05% | — | |
| 31 | VXUS | Vanguard Total Intl Stock | ETF-其他 | 0.43% | — | — | |
| 32 | WCN | Waste Connections Inc | 股票-工業 | 0.37% | -0.04% | -4.19% | |
| 33 | ADBE | Adobe Inc | 股票-科技 | 0.36% | -0.08% | -15.28% | |
| 34 | IWF | Ishares Russell 1000 Growth | ETF-其他 | 0.36% | +0.01% | -2.99% | |
| 35 | AVGO | Broadcom Inc | 股票-科技 | 0.35% | +0.09% | +53.38% | |
| 36 | AXP | American Express Co | 股票-金融 | 0.34% | -0.01% | +0.43% | |
| 37 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 0.34% | -0.02% | +50.26% | |
| 38 | LIN | Linde plc | 股票-原物料 | 0.34% | -0.02% | +2.97% | |
| 39 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.32% | — | -8.37% | |
| 40 | MSCI | Msci Inc | 股票-金融 | 0.31% | -0.02% | +1.96% | |
| 41 | GLD | Spdr Gold Shares | ETF-避險與商品 | 0.31% | -0.04% | -0.08% | |
| 42 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 0.30% | +0.08% | -1.24% | |
| 43 | PEP | Pepsico Inc | 股票-非循環性消費 | 0.29% | -0.08% | -5.92% | |
| 44 | XOM | Exxon Mobil CORP | 股票-能源 | 0.29% | -0.01% | +3.07% | |
| 45 | MGC | Vanguard Mega Cap ETF | ETF-其他 | 0.29% | +0.01% | — | |
| 46 | PGR | Progressive CORP | 股票-金融 | 0.28% | — | -3.60% | |
| 47 | SGOL | Abrdn Physical Gold Shares | ETF-避險與商品 | 0.28% | -0.07% | +13.18% | |
| 48 | CNI | Canadian Natl Railway Co | 股票-工業 | 0.25% | -0.04% | -6.45% | |
| 49 | VT | Vanguard Tot World Stk ETF | ETF-其他 | 0.25% | +0.02% | +2.07% | |
| 50 | ADP | Automatic Data Processing | 股票-科技 | 0.24% | -0.02% | +10.96% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | VEU | Vanguard Ftse All-world Ex-u | +4.3% | +14241.40% | 加碼 |
| 2 | LLY | Eli Lilly & Co | +0.3% | +9.36% | 加碼 |
| 3 | GOOGL | Alphabet Inc-cl A | +0.3% | -3.78% | 減碼 |
| 4 | GVI | Ishares Intermediate Governm | +0.2% | +11.41% | 加碼 |
| 5 | GOOG | Alphabet Inc-cl C | +0.2% | -1.14% | 減碼 |
| 6 | VTI | Vanguard Total Stock Mkt ETF | +0.1% | +17.82% | 加碼 |
| 7 | UBER | Uber Technologies Inc | +0.1% | +1906.59% | 加碼 |
| 8 | WMT | Walmart Inc | +0.1% | +12.90% | 加碼 |
| 9 | AVGO | Broadcom Inc | +0.1% | +53.38% | 加碼 |
| 10 | TSM | Taiwan Semiconductor-sp Adr | +0.1% | +12.02% | 加碼 |
| 11 | BKNG | Booking Holdings Inc | +0.1% | +50.26% | 加碼 |
| 12 | VMC | Vulcan Materials Co | +0.1% | +166.22% | 加碼 |
| 13 | KO | Coca-cola Co/the | +0.1% | +48.33% | 加碼 |
| 14 | JNJ | Johnson & Johnson | +0.1% | +2.62% | 加碼 |
| 15 | VEA | Vanguard Ftse Developed ETF | +0.1% | +10.76% | 加碼 |
| 16 | MDT | Medtronic plc | +0.1% | +1099.47% | 加碼 |
| 17 | MRK | Merck & Co. Inc. | +0.1% | +15.99% | 加碼 |
| 18 | SGOL | Abrdn Physical Gold Shares | +0.1% | +13.18% | 加碼 |
| 19 | IQV | Iqvia Holdings Inc | +0.1% | +837.86% | 加碼 |
| 20 | JPM | Jpmorgan Chase & Co | 0% | +8.33% | 加碼 |
| 21 | TJX | Tjx Companies Inc | 0% | +4.21% | 加碼 |
| 22 | CB | Chubb Limited | 0% | +80.56% | 加碼 |
| 23 | AMZN | Amazon.com Inc | 0% | +1.07% | 加碼 |
| 24 | AAPL | Apple Inc | 0% | -1.10% | 減碼 |
| 25 | SPY | Ss Spdr S&p 500 ETF Trust-us | 0% | +1.42% | 加碼 |
| 26 | ALL | Allstate CORP | -0.1% | -54.42% | 減碼 |
| 27 | ALC | Alcon Inc. | -0.1% | -31.79% | 減碼 |
| 28 | RSP | Invesco S&p 500 Equal Weight | -0.1% | -18.41% | 減碼 |
| 29 | VO | Vanguard Mid-cap ETF | -0.1% | -55.24% | 減碼 |
| 30 | IJH | Ishares Core S&p Midcap ETF | -0.1% | -19.87% | 減碼 |
| 31 | IJR | Ishares Core S&p Small-cap E | -0.1% | -63.64% | 減碼 |
| 32 | MRSH | Marsh & Mclennan Cos | -0.1% | — | 不變 |
| 33 | ORCL | Oracle CORP | -0.1% | -23.17% | 減碼 |
| 34 | NVO | Novo-nordisk A/s-spons Adr | -0.1% | -69.96% | 減碼 |
| 35 | ADBE | Adobe Inc | -0.1% | -15.28% | 減碼 |
| 36 | ATR | Aptargroup Inc | -0.1% | -45.55% | 減碼 |
| 37 | EOG | Eog Resources Inc | -0.1% | -65.06% | 減碼 |
| 38 | PG | Procter & Gamble Co/the | -0.2% | -23.10% | 減碼 |
| 39 | MUB | Ishares National Muni Bond E | -0.2% | -4.66% | 減碼 |
| 40 | HD | Home Depot Inc | -0.3% | -3.98% | 減碼 |
| 41 | OAKM | Oakmark US Large Cap ETF | -0.3% | -6.68% | 減碼 |
| 42 | MSFT | Microsoft CORP | -0.4% | +0.16% | 加碼 |
| 43 | FISV | Fiserv Inc | -0.5% | -81.08% | 減碼 |
| 44 | VOO | Vanguard S&p 500 ETF | -0.8% | -56.72% | 減碼 |
| 45 | IVV | Ishares Core S&p 500 ETF | -3.2% | -6.23% | 減碼 |
| 46 | VXUS | Vanguard Total Intl Stock | — | NEW | 新建倉 |
| 47 | MGC | Vanguard Mega Cap ETF | — | NEW | 新建倉 |
| 48 | NEM | Newmont CORP | — | NEW | 新建倉 |
| 49 | ILMN | Illumina Inc | — | NEW | 新建倉 |
| 50 | WMB | Williams Cos Inc | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Choate Investment Advisors 在 Q4 2025 季度的美股持倉總市值約為 US$56.9億，共申報了 444 個公開持股部位。
在 Q4 2025 季度，Choate Investment Advisors 按市值排列的前三大核心持股分別為：IVV (32.8%)、OAKM (5.0%)、GVI (4.4%)。其中最大持股部位 IVV 佔據整體投資組合約 32.8% 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
VXUS
市值: US$2177.0萬
本季最大獲利了結 / 清倉標的
IVV
前期市值: US$17.4億
在 Q4 2025 季度中，Choate Investment Advisors 共進行了 49 項持倉異動，包含新建倉 5 個部位、加碼 23 個部位、減碼 21 個部位以及清倉 0 個部位。 其中最大新建倉標的為 VXUS。
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。