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: 0000897378
申報總市值
US$162.5億
US$162.5億
381 檔
11.2%
在 Q4 2025 申報期間，Congress Asset Management Co（CIK: 0000897378）向美國 SEC 提交的 Form 13F 報告顯示，其追蹤之股票投資組合總市值達 US$162.5億，共持有 381 個公開申報部位。
從 Q4 2025 申報觀察，Congress Asset Management Co 採取防禦導向的調倉策略，本季減碼 26 檔個股並出清 4 檔部位，顯示機構在該時期進行風險控制與流動性回收。
從部位權重觀察，前 5 大標的（包含 NVDA, AAPL, GOOGL）累計市值佔比達 11.2%，是驅動 Congress Asset Management Co 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 381 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 | NVDA | Nvidia CORP | 股票-科技 | 3.33% | +0.10% | -3.75% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 3.14% | -0.10% | +16.19% | |
| 3 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 2.35% | +0.07% | -1.62% | |
| 4 | MSFT | Microsoft CORP | 股票-科技 | 2.19% | +0.18% | -2.28% | |
| 5 | AVGO | Broadcom Inc | 股票-科技 | 1.78% | +0.04% | -0.87% | |
| 6 | ANET | Arista Networks Inc | 股票-科技 | 1.62% | -0.29% | -2.19% | |
| 7 | GS | Goldman Sachs Group Inc | 股票-金融 | 1.59% | -0.02% | -1.68% | |
| 8 | AMZN | Amazon.com Inc | 股票-循環性消費 | 1.47% | -0.27% | -1.83% | |
| 9 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.42% | -0.24% | -10.05% | |
| 10 | V | Visa Inc-class A Shares | 股票-金融 | 1.40% | +0.18% | -1.76% | |
| 11 | TJX | Tjx Companies Inc | 股票-循環性消費 | 1.32% | -0.52% | -1.74% | |
| 12 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 1.32% | -0.34% | -2.34% | |
| 13 | ISRG | Intuitive Surgical Inc | 股票-醫療保健 | 1.25% | -0.29% | -1.55% | |
| 14 | HWM | Howmet Aerospace Inc | 股票-工業 | 1.16% | -0.29% | -2.37% | |
| 15 | PH | Parker Hannifin CORP | 股票-工業 | 1.15% | -0.10% | -1.82% | |
| 16 | ETN | Eaton Corporation plc | 股票-工業 | 1.14% | -0.21% | -2.22% | |
| 17 | BSX | Boston Scientific CORP | 股票-醫療保健 | 1.11% | -0.73% | -2.03% | |
| 18 | MLM | Martin Marietta Materials | 股票-原物料 | 1.05% | -0.78% | -1.99% | |
| 19 | CW | Curtiss-wright CORP | 股票-工業 | 1.05% | -0.18% | -10.41% | |
| 20 | STRL | Sterling Infrastructure Inc | 股票-工業 | 1.01% | -0.26% | -7.88% | |
| 21 | ORLY | O'reilly Automotive Inc | 股票-循環性消費 | 0.99% | -0.18% | -1.93% | |
| 22 | WELL | Welltower Inc | 股票-房地產 | 0.98% | -0.05% | +27.98% | |
| 23 | DELL | Dell Technologies -c | 股票-科技 | 0.96% | +0.08% | -1.31% | |
| 24 | APH | Amphenol Corp-cl A | 股票-科技 | 0.92% | +0.44% | -0.58% | |
| 25 | NOW | Servicenow Inc | 股票-科技 | 0.91% | -0.60% | +385.44% | |
| 26 | RMBS | Rambus Inc | 股票-科技 | 0.91% | -0.15% | +4.71% | |
| 27 | NFLX | Netflix Inc | 股票-通訊服務 | 0.91% | -0.07% | +886.19% | |
| 28 | SHOP | Shopify Inc - Class A | 股票-科技 | 0.91% | -0.13% | -1.94% | |
| 29 | ECL | Ecolab Inc | 股票-原物料 | 0.89% | -0.12% | -1.73% | |
| 30 | GEV | GE Vernova Inc | 股票-工業 | 0.88% | +0.15% | — | |
| 31 | SNPS | Synopsys Inc | 股票-科技 | 0.87% | -0.04% | -3.07% | |
| 32 | RGEN | Repligen CORP | 股票-醫療保健 | 0.86% | +0.18% | +241.42% | |
| 33 | TMO | Thermo Fisher Scientific Inc | 股票-醫療保健 | 0.85% | -0.68% | +39.43% | |
| 34 | PEN | Penumbra Inc | 股票-醫療保健 | 0.84% | -0.73% | -10.91% | |
| 35 | NVT | nVent Electric plc | 股票-工業 | 0.83% | +0.08% | -6.80% | |
| 36 | UBER | Uber Technologies Inc | 股票-工業 | 0.83% | -0.12% | +0.12% | |
| 37 | TKO | Tko Group Holdings Inc | 股票-通訊服務 | 0.80% | -0.17% | +0.34% | |
| 38 | DT | Dynatrace Inc | 股票-科技 | 0.80% | -0.48% | EXIT | |
| 39 | IDCC | Interdigital Inc | 股票-科技 | 0.79% | -0.11% | -0.52% | |
| 40 | MCO | Moody's CORP | 股票-金融 | 0.78% | -0.10% | -1.91% | |
| 41 | WMB | Williams Cos Inc | 股票-能源 | 0.78% | -0.15% | -1.81% | |
| 42 | BOOT | Boot Barn Holdings Inc | 股票-循環性消費 | 0.77% | +0.06% | +11.13% | |
| 43 | ALNY | Alnylam Pharmaceuticals Inc | 股票-醫療保健 | 0.75% | -0.19% | +126.63% | |
| 44 | IDXX | Idexx Laboratories Inc | 股票-醫療保健 | 0.73% | -0.05% | +9894.03% | |
| 45 | PRIM | Primoris Services CORP | 股票-工業 | 0.71% | -0.84% | +2.39% | |
| 46 | PANW | Palo Alto Networks Inc | 股票-科技 | 0.71% | — | -1.98% | |
| 47 | UFPT | Ufp Technologies Inc | 股票-其他 | 0.69% | +0.39% | +32.38% | |
| 48 | PJT | Pjt Partners Inc - A | 股票-金融 | 0.69% | +0.06% | +9.89% | |
| 49 | EME | Emcor Group Inc | 股票-工業 | 0.68% | -0.04% | -21.54% | |
| 50 | OLLI | Ollie's Bargain Outlet Holdi | 股票-非循環性消費 | 0.68% | -0.27% | -43.27% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | AAPL | Apple Inc | +0.7% | +16.19% | 加碼 |
| 2 | IDXX | Idexx Laboratories Inc | +0.7% | +9894.03% | 加碼 |
| 3 | RGEN | Repligen CORP | +0.7% | +241.42% | 加碼 |
| 4 | GOOGL | Alphabet Inc-cl A | +0.6% | -1.62% | 減碼 |
| 5 | ALNY | Alnylam Pharmaceuticals Inc | +0.4% | +126.63% | 加碼 |
| 6 | TMO | Thermo Fisher Scientific Inc | +0.4% | +39.43% | 加碼 |
| 7 | ISRG | Intuitive Surgical Inc | +0.3% | -1.55% | 減碼 |
| 8 | WELL | Welltower Inc | +0.3% | +27.98% | 加碼 |
| 9 | UFPT | Ufp Technologies Inc | +0.3% | +32.38% | 加碼 |
| 10 | IWP | Ishares Russell Mid-cap Grow | +0.2% | +118.26% | 加碼 |
| 11 | MSFT | Microsoft CORP | -0.1% | -2.28% | 減碼 |
| 12 | ANET | Arista Networks Inc | -0.1% | -2.19% | 減碼 |
| 13 | ORLY | O'reilly Automotive Inc | -0.1% | -1.93% | 減碼 |
| 14 | STRL | Sterling Infrastructure Inc | -0.1% | -7.88% | 減碼 |
| 15 | ETN | Eaton Corporation plc | -0.2% | -2.22% | 減碼 |
| 16 | NOW | Servicenow Inc | -0.2% | +385.44% | 加碼 |
| 17 | CVLT | Commvault Systems Inc | -0.2% | +7.79% | 加碼 |
| 18 | HLI | Houlihan Lokey Inc | -0.2% | -28.95% | 減碼 |
| 19 | FAST | Fastenal Co | -0.2% | -24.06% | 減碼 |
| 20 | EME | Emcor Group Inc | -0.2% | -21.54% | 減碼 |
| 21 | PINS | Pinterest Inc- Class A | -0.2% | -34.67% | 減碼 |
| 22 | SM | Sm Energy Co | -0.2% | -91.84% | 減碼 |
| 23 | AVAV | Aerovironment Inc | -0.2% | -10.61% | 減碼 |
| 24 | NFLX | Netflix Inc | -0.2% | +886.19% | 加碼 |
| 25 | META | Meta Platforms Inc-class A | -0.2% | -10.05% | 減碼 |
| 26 | P | Everpure Inc-a | -0.3% | -25.95% | 減碼 |
| 27 | DT | Dynatrace Inc | -0.3% | -21.47% | 減碼 |
| 28 | GRMN | Garmin Ltd. | -0.3% | -34.65% | 減碼 |
| 29 | CNS | Cohen & Steers Inc | -0.3% | -99.08% | 減碼 |
| 30 | BAH | Booz Allen Hamilton Holdings | -0.4% | -98.31% | 減碼 |
| 31 | VRTX | Vertex Pharmaceuticals Inc | -0.4% | -99.42% | 減碼 |
| 32 | ✓ | Cyberark Software LTD. Cmn | -0.5% | -50.88% | 減碼 |
| 33 | OLLI | Ollie's Bargain Outlet Holdi | -0.6% | -43.27% | 減碼 |
| 34 | MSI | Motorola Solutions Inc | -0.7% | -92.36% | 減碼 |
| 35 | CTAS | Cintas CORP | -0.8% | -73.79% | 減碼 |
| 36 | AJG | Arthur J Gallagher & Co | -0.8% | -98.40% | 減碼 |
| 37 | HD | Home Depot Inc | -0.8% | -76.64% | 減碼 |
| 38 | GEV | GE Vernova Inc | — | NEW | 新建倉 |
| 39 | EAT | Brinker International Inc | — | NEW | 新建倉 |
| 40 | LRN | Stride Inc | — | EXIT | 清倉 |
| 41 | DSGX | Descartes Systems Grp/the | — | EXIT | 清倉 |
| 42 | ITGR | Integer Holdings CORP | — | EXIT | 清倉 |
| 43 | KEX | Kirby CORP | — | NEW | 新建倉 |
| 44 | TGTX | Tg Therapeutics Inc | — | NEW | 新建倉 |
| 45 | APG | Api Group CORP | — | NEW | 新建倉 |
| 46 | AEIS | Advanced Energy Industries | — | NEW | 新建倉 |
| 47 | AZTA | Azenta Inc | — | NEW | 新建倉 |
| 48 | MDB | Mongodb Inc | — | NEW | 新建倉 |
| 49 | ROST | Ross Stores Inc | — | NEW | 新建倉 |
| 50 | GDDY | Godaddy Inc - Class A | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Congress Asset Management Co 在 Q4 2025 季度的美股持倉總市值約為 US$162.5億，共申報了 381 個公開持股部位。
在 Q4 2025 季度，Congress Asset Management Co 按市值排列的前三大核心持股分別為：NVDA (3.3%)、AAPL (3.1%)、GOOGL (2.4%)。其中最大持股部位 NVDA 佔據整體投資組合約 3.3% 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
GEV
市值: US$1.3億
本季最大獲利了結 / 清倉標的
LRN
前期市值: US$6934.3萬
在 Q4 2025 季度中，Congress Asset Management Co 共進行了 50 項持倉異動，包含新建倉 9 個部位、加碼 11 個部位、減碼 26 個部位以及清倉 4 個部位。 其中最大新建倉標的為 GEV。 本季清倉部位包含 LRN。
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。