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: 0000726854
申報總市值
US$8.8億
US$8.8億
485 檔
13.7%
在 Q2 2025 的 13F 官方備案中，City Holding Co 管理的美股投資組合規模來到 US$8.8億，整體持股檔數為 485 檔。
City Holding Co 於 Q2 2025 展現出進攻型調倉步調，本季推動了 1 檔股票的新建倉與 34 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，City Holding Co 的前 5 大核心持股（包含 CHCO, MSFT, AAPL 等）合計佔整體申報市值的 13.7%，反映機構在主要關鍵部位上的權重分佈。
僅顯示前 200 大持股（共 485 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 | CHCO | City Holding Co | 股票-其他 | 4.22% | -0.15% | +2.98% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 3.44% | -0.20% | -0.81% | |
| 3 | AAPL | Apple Inc | 股票-科技 | 2.83% | +0.05% | -12.24% | |
| 4 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 2.77% | -0.22% | +1.31% | |
| 5 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.58% | +0.14% | +7.06% | |
| 6 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 2.53% | +0.37% | +0.99% | |
| 7 | WMT | Walmart Inc | 股票-非循環性消費 | 2.47% | -0.54% | +0.44% | |
| 8 | LLY | Eli Lilly & Co | 股票-醫療保健 | 2.38% | +0.46% | +0.23% | |
| 9 | NVDA | Nvidia CORP | 股票-科技 | 2.07% | +0.11% | +5.33% | |
| 10 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.62% | +0.01% | -1.84% | |
| 11 | WM | Waste Management Inc | 股票-工業 | 1.51% | -0.20% | +3.21% | |
| 12 | MA | Mastercard Inc - A | 股票-金融 | 1.40% | -0.11% | +0.42% | |
| 13 | LOW | Lowe's Cos Inc | 股票-循環性消費 | 1.40% | -0.20% | -0.90% | |
| 14 | DE | Deere & Co | 股票-工業 | 1.29% | -0.01% | -0.56% | |
| 15 | V | Visa Inc-class A Shares | 股票-金融 | 1.27% | — | +1.20% | |
| 16 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 1.20% | -0.08% | +0.92% | |
| 17 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 1.14% | -0.07% | +5.03% | |
| 18 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 1.10% | -0.18% | +1.75% | |
| 19 | CAT | Caterpillar Inc | 股票-工業 | 1.10% | +0.52% | -0.60% | |
| 20 | RDVY | First Trust Rising Dividend | ETF-其他 | 1.07% | +0.22% | +13.56% | |
| 21 | XOM | Exxon Mobil CORP | 股票-能源 | 1.06% | -0.45% | +1.69% | |
| 22 | ABBV | Abbvie Inc | 股票-醫療保健 | 1.03% | +0.02% | +4.08% | |
| 23 | HD | Home Depot Inc | 股票-循環性消費 | 1.00% | -0.07% | +1.07% | |
| 24 | IWF | Ishares Russell 1000 Growth | ETF-其他 | 0.97% | +0.02% | -3.06% | |
| 25 | KO | Coca-cola Co/the | 股票-非循環性消費 | 0.95% | -0.01% | +5.83% | |
| 26 | VV | Vanguard Large-cap ETF | ETF-其他 | 0.95% | +0.21% | +13.78% | |
| 27 | TT | Trane Technologies plc | 股票-工業 | 0.93% | +0.07% | +3.05% | |
| 28 | IWR | Ishares Russell Mid-cap ETF | ETF-其他 | 0.89% | -0.01% | +0.15% | |
| 29 | SO | Southern Co/the | 股票-公用事業 | 0.88% | -0.13% | +2.28% | |
| 30 | IJH | Ishares Core S&p Midcap ETF | ETF-其他 | 0.86% | +0.09% | +4.36% | |
| 31 | MCD | Mcdonald's CORP | 股票-循環性消費 | 0.85% | -0.17% | +1.24% | |
| 32 | ORCL | Oracle CORP | 股票-科技 | 0.82% | -0.06% | +2.43% | |
| 33 | EFA | Ishares Msci Eafe ETF | ETF-其他 | 0.81% | -0.16% | -0.62% | |
| 34 | ABT | Abbott Laboratories | 股票-醫療保健 | 0.80% | -0.12% | +3.59% | |
| 35 | AFL | Aflac Inc | 股票-金融 | 0.78% | -0.04% | +5.48% | |
| 36 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 0.75% | +0.25% | +13.44% | |
| 37 | CMI | Cummins Inc | 股票-工業 | 0.74% | +0.17% | +0.94% | |
| 38 | IWM | Ishares Russell 2000 ETF | ETF-中小型股 | 0.74% | +0.02% | +1.22% | |
| 39 | CVX | Chevron CORP | 股票-能源 | 0.74% | -0.29% | +1.83% | |
| 40 | MS | Morgan Stanley | 股票-金融 | 0.74% | +0.11% | +4.05% | |
| 41 | IJR | Ishares Core S&p Small-cap E | ETF-中小型股 | 0.71% | +0.06% | +2.75% | |
| 42 | NFLX | Netflix Inc | 股票-通訊服務 | 0.69% | -0.23% | +15.97% | |
| 43 | LIN | Linde plc | 股票-原物料 | 0.68% | -0.02% | +2.68% | |
| 44 | ADP | Automatic Data Processing | 股票-科技 | 0.68% | -0.01% | +1.00% | |
| 45 | GMAR | Ft Vest US Equity Moderate B | ETF-其他 | 0.68% | -0.04% | +0.66% | |
| 46 | CMG | Chipotle Mexican Grill Inc | 股票-循環性消費 | 0.66% | -0.01% | +4.88% | |
| 47 | UBER | Uber Technologies Inc | 股票-工業 | 0.65% | -0.05% | +10.61% | |
| 48 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 0.65% | +0.10% | +24.17% | |
| 49 | VTI | Vanguard Total Stock Mkt ETF | ETF-其他 | 0.65% | -0.02% | +4.33% | |
| 50 | XLF | Ss Financial Select Sector | ETF-其他 | 0.62% | -0.02% | +0.38% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | MSFT | Microsoft CORP | +0.6% | -0.81% | 減碼 |
| 2 | NVDA | Nvidia CORP | +0.6% | +5.33% | 加碼 |
| 3 | META | Meta Platforms Inc-class A | +0.5% | +1.31% | 加碼 |
| 4 | AMZN | Amazon.com Inc | +0.3% | +7.06% | 加碼 |
| 5 | ORCL | Oracle CORP | +0.3% | +2.43% | 加碼 |
| 6 | NFLX | Netflix Inc | +0.3% | +15.97% | 加碼 |
| 7 | TT | Trane Technologies plc | +0.2% | +3.05% | 加碼 |
| 8 | GOOGL | Alphabet Inc-cl A | +0.2% | +0.99% | 加碼 |
| 9 | PANW | Palo Alto Networks Inc | +0.2% | +29.89% | 加碼 |
| 10 | UBER | Uber Technologies Inc | +0.2% | +10.61% | 加碼 |
| 11 | QQQ | Invesco Qqq Trust Series 1 | +0.2% | +13.44% | 加碼 |
| 12 | CRWD | Crowdstrike Holdings Inc - A | +0.2% | +20.89% | 加碼 |
| 13 | VV | Vanguard Large-cap ETF | +0.1% | +13.78% | 加碼 |
| 14 | AVGO | Broadcom Inc | +0.1% | +54.78% | 加碼 |
| 15 | JPM | Jpmorgan Chase & Co | +0.1% | -1.84% | 減碼 |
| 16 | RDVY | First Trust Rising Dividend | +0.1% | +13.56% | 加碼 |
| 17 | MS | Morgan Stanley | +0.1% | +4.05% | 加碼 |
| 18 | GLD | Spdr Gold Shares | +0.1% | +38.82% | 加碼 |
| 19 | WMT | Walmart Inc | +0.1% | +0.44% | 加碼 |
| 20 | GMAY | Ft Vest U.s. Equity Moderate | +0.1% | +50.45% | 加碼 |
| 21 | CAT | Caterpillar Inc | +0.1% | -0.60% | 減碼 |
| 22 | INTU | Intuit Inc | +0.1% | -0.64% | 減碼 |
| 23 | MCHP | Microchip Technology Inc | +0.1% | -0.05% | 減碼 |
| 24 | FCNCA | First Citizens Bcshs -cl A | +0.1% | NEW | 新建倉 |
| 25 | IWF | Ishares Russell 1000 Growth | +0.1% | -3.06% | 減碼 |
| 26 | AMD | Advanced Micro Devices | +0.1% | -8.75% | 減碼 |
| 27 | CMG | Chipotle Mexican Grill Inc | +0.1% | +4.88% | 加碼 |
| 28 | DIS | Walt Disney Co/the | +0.1% | -5.88% | 減碼 |
| 29 | DTM | Dt Midstream Inc | +0.1% | +14.91% | 加碼 |
| 30 | VTI | Vanguard Total Stock Mkt ETF | 0% | +4.33% | 加碼 |
| 31 | SPY | Ss Spdr S&p 500 ETF Trust-us | 0% | +6.11% | 加碼 |
| 32 | GDX | Vaneck Gold Miners ETF | 0% | +3.90% | 加碼 |
| 33 | IJH | Ishares Core S&p Midcap ETF | 0% | +4.36% | 加碼 |
| 34 | DE | Deere & Co | — | -0.56% | 減碼 |
| 35 | IWR | Ishares Russell Mid-cap ETF | — | +0.15% | 加碼 |
| 36 | COST | Costco Wholesale CORP | 0% | +1.75% | 加碼 |
| 37 | CHCO | City Holding Co | 0% | +2.98% | 加碼 |
| 38 | BTX | Blackrock Tech & Priv Eqty | -0.1% | EXIT | 清倉 |
| 39 | NKE | Nike Inc -cl B | -0.1% | -54.71% | 減碼 |
| 40 | STZ | Constellation Brands Inc-a | -0.1% | -21.74% | 減碼 |
| 41 | FISV | Fiserv Inc | -0.1% | +3.65% | 加碼 |
| 42 | PEP | Pepsico Inc | -0.1% | -1.24% | 減碼 |
| 43 | PG | Procter & Gamble Co/the | -0.2% | +0.92% | 加碼 |
| 44 | CVX | Chevron CORP | -0.2% | +1.83% | 加碼 |
| 45 | XOM | Exxon Mobil CORP | -0.2% | +1.69% | 加碼 |
| 46 | ABBV | Abbvie Inc | -0.2% | +4.08% | 加碼 |
| 47 | LOW | Lowe's Cos Inc | -0.2% | -0.90% | 減碼 |
| 48 | UNH | Unitedhealth Group Inc | -0.3% | +24.17% | 加碼 |
| 49 | LLY | Eli Lilly & Co | -0.3% | +0.23% | 加碼 |
| 50 | AAPL | Apple Inc | -0.9% | -12.24% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，City Holding Co 在 Q2 2025 季度的美股持倉總市值約為 US$8.8億，共申報了 485 個公開持股部位。
在 Q2 2025 季度，City Holding Co 按市值排列的前三大核心持股分別為：CHCO (4.2%)、MSFT (3.4%)、AAPL (2.8%)。其中最大持股部位 CHCO 佔據整體投資組合約 4.2% 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
FCNCA
市值: US$64.6萬
本季最大獲利了結 / 清倉標的
BTX
前期市值: US$59.8萬
在 Q2 2025 季度中，City Holding Co 共進行了 50 項持倉異動，包含新建倉 1 個部位、加碼 34 個部位、減碼 14 個部位以及清倉 1 個部位。 其中最大新建倉標的為 FCNCA。 本季清倉部位包含 BTX。
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。