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: 0001585047
申報總市值
US$5.8億
US$5.8億
167 檔
27.9%
Columbia Asset Management 在 Q3 2025 季度的美股部位總計估值為 US$5.8億，分散於 167 個持倉標的之中，反映其市場參與廣度與投資規模。
數據顯示 Columbia Asset Management 於 Q3 2025 季度持續回收資金，對 37 個既有部位進行裁減並清倉 4 個標的，組合整體流動性比重有所上升。
從部位權重觀察，前 5 大標的（包含 AAPL, MSFT, ERIE）累計市值佔比達 27.9%，是驅動 Columbia Asset Management 該季度整體投資組合績效表現的核心支柱。
| # | 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 | AAPL | Apple Inc | 股票-科技 | 9.69% | -0.01% | -2.37% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 8.91% | -0.56% | -1.00% | |
| 3 | ERIE | Erie Indemnity Company-cl A | 股票-金融 | 4.25% | -0.44% | -0.08% | |
| 4 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 3.66% | +0.43% | -0.07% | |
| 5 | AMZN | Amazon.com Inc | 股票-循環性消費 | 3.51% | -0.01% | -0.60% | |
| 6 | V | Visa Inc-class A Shares | 股票-金融 | 3.36% | +0.04% | -1.87% | |
| 7 | AVGO | Broadcom Inc | 股票-科技 | 3.36% | +0.18% | -1.46% | |
| 8 | JPM | Jpmorgan Chase & Co | 股票-金融 | 2.03% | -0.04% | -0.69% | |
| 9 | JNJ | Johnson & Johnson | 股票-醫療保健 | 1.97% | -0.27% | +2.66% | |
| 10 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 1.78% | -0.09% | -2.09% | |
| 11 | IBM | Intl Business Machines CORP | 股票-科技 | 1.78% | +0.04% | -1.50% | |
| 12 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 1.76% | +0.05% | -4.99% | |
| 13 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 1.72% | +0.19% | -0.19% | |
| 14 | ABBV | Abbvie Inc | 股票-醫療保健 | 1.55% | +0.05% | -2.12% | |
| 15 | CAT | Caterpillar Inc | 股票-工業 | 1.38% | +0.59% | -1.29% | |
| 16 | SBUX | Starbucks CORP | 股票-循環性消費 | 1.36% | +0.03% | -1.38% | |
| 17 | CSCO | Cisco Systems Inc | 股票-科技 | 1.29% | +0.43% | -3.21% | |
| 18 | NVDA | Nvidia CORP | 股票-科技 | 1.22% | +0.07% | +4.99% | |
| 19 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 1.21% | -0.16% | +0.23% | |
| 20 | AMGN | Amgen Inc | 股票-醫療保健 | 1.21% | -0.15% | +1.20% | |
| 21 | VZ | Verizon Communications Inc | 股票-通訊服務 | 1.19% | -0.46% | +3.12% | |
| 22 | NKE | Nike Inc -cl B | 股票-循環性消費 | 1.18% | -0.28% | +1.85% | |
| 23 | LLY | Eli Lilly & Co | 股票-醫療保健 | 1.14% | +0.19% | +4.26% | |
| 24 | MDT | Medtronic plc | 股票-醫療保健 | 1.10% | -0.15% | +2.18% | |
| 25 | SYK | Stryker CORP | 股票-醫療保健 | 1.06% | -0.14% | -0.51% | |
| 26 | ADBE | Adobe Inc | 股票-科技 | 1.05% | -0.25% | +2.25% | |
| 27 | UNP | Union Pacific CORP | 股票-工業 | 1.04% | -0.02% | +0.86% | |
| 28 | HD | Home Depot Inc | 股票-循環性消費 | 1.02% | -0.05% | -3.72% | |
| 29 | CVX | Chevron CORP | 股票-能源 | 1.01% | -0.42% | +0.07% | |
| 30 | MCD | Mcdonald's CORP | 股票-循環性消費 | 0.94% | -0.21% | -0.30% | |
| 31 | KO | Coca-cola Co/the | 股票-非循環性消費 | 0.91% | -0.05% | -2.36% | |
| 32 | PFE | Pfizer Inc | 股票-醫療保健 | 0.87% | -0.24% | -2.18% | |
| 33 | DIS | Walt Disney Co/the | 股票-通訊服務 | 0.80% | -0.09% | -3.02% | |
| 34 | PEP | Pepsico Inc | 股票-非循環性消費 | 0.78% | -0.20% | +16.67% | |
| 35 | BP | Bp Plc-spons Adr | 股票-能源 | 0.78% | -0.35% | +2.74% | |
| 36 | VIG | Vanguard Dividend Apprec ETF | ETF-其他 | 0.77% | -0.03% | -1.61% | |
| 37 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.77% | -0.14% | -3.19% | |
| 38 | NFLX | Netflix Inc | 股票-通訊服務 | 0.75% | -0.17% | -2.52% | |
| 39 | AXP | American Express Co | 股票-金融 | 0.74% | -0.04% | -0.09% | |
| 40 | DE | Deere & Co | 股票-工業 | 0.72% | — | -5.76% | |
| 41 | ORCL | Oracle CORP | 股票-科技 | 0.67% | -0.02% | -12.45% | |
| 42 | TGT | Target CORP | 股票-循環性消費 | 0.65% | -0.07% | -3.21% | |
| 43 | UPS | United Parcel Service-cl B | 股票-工業 | 0.59% | -0.06% | -12.21% | |
| 44 | SONY | Sony Group CORP - Sp Adr | 股票-科技 | 0.59% | -0.08% | -0.11% | |
| 45 | VB | Vanguard Small-cap ETF | ETF-其他 | 0.58% | +0.04% | -1.75% | |
| 46 | VUG | Vanguard Growth ETF | ETF-其他 | 0.58% | +0.02% | +1.17% | |
| 47 | GLW | Corning Inc | 股票-科技 | 0.56% | +0.56% | -15.69% | |
| 48 | SHEL | Shell Plc-adr | 股票-能源 | 0.54% | -0.18% | -0.63% | |
| 49 | C | Citigroup Inc | 股票-金融 | 0.54% | +0.03% | -3.15% | |
| 50 | T | At&t Inc | 股票-通訊服務 | 0.53% | -0.21% | -14.29% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | MSFT | Microsoft CORP | +2% | -1.00% | 減碼 |
| 2 | AVGO | Broadcom Inc | +1.2% | -1.46% | 減碼 |
| 3 | GOOGL | Alphabet Inc-cl A | +1.2% | -0.07% | 加碼 |
| 4 | GOOG | Alphabet Inc-cl C | +0.6% | -0.19% | 減碼 |
| 5 | NVDA | Nvidia CORP | +0.6% | +4.99% | 加碼 |
| 6 | AAPL | Apple Inc | +0.4% | -2.37% | 減碼 |
| 7 | CAT | Caterpillar Inc | +0.4% | -1.29% | 減碼 |
| 8 | AMZN | Amazon.com Inc | +0.3% | -0.60% | 減碼 |
| 9 | JNJ | Johnson & Johnson | +0.2% | +2.66% | 減碼 |
| 10 | GLW | Corning Inc | +0.2% | -15.69% | 減碼 |
| 11 | JPM | Jpmorgan Chase & Co | +0.2% | -0.69% | 減碼 |
| 12 | SPY | Ss Spdr S&p 500 ETF Trust-us | +0.2% | -4.99% | 減碼 |
| 13 | UNH | Unitedhealth Group Inc | +0.1% | — | 加碼 |
| 14 | NKE | Nike Inc -cl B | +0.1% | +1.85% | 加碼 |
| 15 | VUG | Vanguard Growth ETF | +0.1% | +1.17% | 加碼 |
| 16 | MDT | Medtronic plc | +0.1% | +2.18% | 加碼 |
| 17 | VXUS | Vanguard Total Intl Stock | +0.1% | +21.92% | 加碼 |
| 18 | C | Citigroup Inc | +0.1% | -3.15% | 減碼 |
| 19 | NFLX | Netflix Inc | +0.1% | -2.52% | 減碼 |
| 20 | GE | General Electric | +0.1% | -1.11% | 減碼 |
| 21 | BATRK | Atlanta Braves Holdings In-c | +0.1% | +15.32% | 加碼 |
| 22 | PEP | Pepsico Inc | +0.1% | +16.67% | 減碼 |
| 23 | CVS | Cvs Health CORP | -0.1% | -18.95% | 減碼 |
| 24 | DTE | Dte Energy Company | -0.1% | +0.01% | 減碼 |
| 25 | DUK | Duke Energy CORP | -0.1% | +4.40% | 減碼 |
| 26 | LULU | Lululemon Athletica Inc | -0.1% | -10.07% | 減碼 |
| 27 | DECK | Deckers Outdoor CORP | -0.1% | -1.73% | 減碼 |
| 28 | CMG | Chipotle Mexican Grill Inc | -0.1% | -59.41% | 減碼 |
| 29 | SHW | Sherwin-williams Co/the | -0.2% | -5.82% | 減碼 |
| 30 | CLX | Clorox Company | -0.2% | +5.60% | 減碼 |
| 31 | KO | Coca-cola Co/the | -0.2% | -2.36% | 減碼 |
| 32 | QCOM | Qualcomm Inc | -0.2% | -1.85% | 減碼 |
| 33 | T | At&t Inc | -0.2% | -14.29% | 減碼 |
| 34 | PG | Procter & Gamble Co/the | -0.2% | +0.23% | 減碼 |
| 35 | ABBV | Abbvie Inc | -0.2% | -2.12% | 減碼 |
| 36 | AXP | American Express Co | -0.2% | -0.09% | 減碼 |
| 37 | MCD | Mcdonald's CORP | -0.2% | -0.30% | 減碼 |
| 38 | MMM | 3m Co | -0.3% | -13.35% | 減碼 |
| 39 | GIS | General Mills Inc | -0.3% | -4.57% | 減碼 |
| 40 | DE | Deere & Co | -0.3% | -5.76% | 減碼 |
| 41 | UPS | United Parcel Service-cl B | -0.4% | -12.21% | 減碼 |
| 42 | MRK | Merck & Co. Inc. | -0.4% | -2.09% | 減碼 |
| 43 | V | Visa Inc-class A Shares | -0.4% | -1.87% | 減碼 |
| 44 | SBUX | Starbucks CORP | -0.4% | -1.38% | 減碼 |
| 45 | ERIE | Erie Indemnity Company-cl A | -1.8% | -0.08% | 減碼 |
| 46 | SWK | Stanley Black & Decker Inc | — | EXIT | 清倉 |
| 47 | TOL | Toll Brothers Inc | — | EXIT | 清倉 |
| 48 | KR | Kroger Co | — | EXIT | 清倉 |
| 49 | APD | Air Products & Chemicals Inc | — | EXIT | 清倉 |
| 50 | CHDN | Churchill Downs Inc | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Columbia Asset Management 在 Q3 2025 季度的美股持倉總市值約為 US$5.8億，共申報了 167 個公開持股部位。
在 Q3 2025 季度，Columbia Asset Management 按市值排列的前三大核心持股分別為：AAPL (9.7%)、MSFT (8.9%)、ERIE (4.3%)。其中最大持股部位 AAPL 佔據整體投資組合約 9.7% 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
CHDN
市值: US$51.1萬
本季最大獲利了結 / 清倉標的
SWK
前期市值: US$107.4萬
在 Q3 2025 季度中，Columbia Asset Management 共進行了 50 項持倉異動，包含新建倉 1 個部位、加碼 8 個部位、減碼 37 個部位以及清倉 4 個部位。 其中最大新建倉標的為 CHDN。 本季清倉部位包含 SWK。
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。