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: 0001365707
申報總市值
US$5.7億
US$5.7億
361 檔
11.6%
Contravisory Investment Management, Inc. 在 Q4 2025 季度的美股部位總計估值為 US$5.7億，分散於 361 個持倉標的之中，反映其市場參與廣度與投資規模。
從 Q4 2025 申報觀察，Contravisory Investment Management, Inc. 採取防禦導向的調倉策略，本季減碼 14 檔個股並出清 15 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 UBS, TSM, GOOG）累計市值佔比達 11.6%，是驅動 Contravisory Investment Management, Inc. 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 361 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 | UBS | UBS Group AG | 股票-金融 | 2.84% | +0.09% | -4.56% | |
| 2 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 2.71% | +0.66% | -11.65% | |
| 3 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 2.64% | +0.06% | -9.98% | |
| 4 | JPM | Jpmorgan Chase & Co | 股票-金融 | 2.50% | -0.11% | -4.27% | |
| 5 | BAC | Bank Of America CORP | 股票-金融 | 2.36% | -1.91% | -3.99% | |
| 6 | SPOT | Spotify Technology S.A. | 股票-通訊服務 | 2.34% | — | -5.80% | |
| 7 | GS | Goldman Sachs Group Inc | 股票-金融 | 2.24% | +0.02% | +2.35% | |
| 8 | RTX | Rtx CORP | 股票-工業 | 2.23% | -0.37% | -3.10% | |
| 9 | AAPL | Apple Inc | 股票-科技 | 2.21% | -0.06% | -0.86% | |
| 10 | BCS | Barclays Plc-spons Adr | 股票-金融 | 2.15% | +0.13% | -2.98% | |
| 11 | AXP | American Express Co | 股票-金融 | 2.14% | -1.71% | -3.72% | |
| 12 | NFLX | Netflix Inc | 股票-通訊服務 | 2.07% | — | NEW | |
| 13 | TSLA | Tesla Inc | 股票-循環性消費 | 2.06% | -0.05% | -4.04% | |
| 14 | SHOP | Shopify Inc - Class A | 股票-科技 | 2.01% | — | -4.13% | |
| 15 | AMZN | Amazon.com Inc | 股票-循環性消費 | 1.99% | -0.05% | -3.54% | |
| 16 | NVDA | Nvidia CORP | 股票-科技 | 1.93% | -0.03% | -0.63% | |
| 17 | HWM | Howmet Aerospace Inc | 股票-工業 | 1.90% | -0.03% | -3.24% | |
| 18 | CTAS | Cintas CORP | 股票-工業 | 1.90% | -1.62% | EXIT | |
| 19 | KLAC | Kla CORP | 股票-科技 | 1.89% | +1.70% | -2.97% | |
| 20 | MA | Mastercard Inc - A | 股票-金融 | 1.88% | -1.64% | -2.84% | |
| 21 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.88% | -1.62% | -2.76% | |
| 22 | IBM | Intl Business Machines CORP | 股票-科技 | 1.88% | -1.57% | -2.65% | |
| 23 | AFL | Aflac Inc | 股票-金融 | 1.85% | -0.17% | -3.27% | |
| 24 | CEG | Constellation Energy | 股票-公用事業 | 1.78% | — | +6.09% | |
| 25 | LH | Labcorp Holdings Inc | 股票-醫療保健 | 1.78% | -0.18% | -3.05% | |
| 26 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 1.76% | — | NEW | |
| 27 | CSCO | Cisco Systems Inc | 股票-科技 | 1.75% | +0.51% | -2.40% | |
| 28 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 1.70% | -1.46% | +1067.19% | |
| 29 | GE | General Electric | 股票-工業 | 1.69% | +0.20% | +859.69% | |
| 30 | WMT | Walmart Inc | 股票-非循環性消費 | 1.68% | -0.41% | -2.65% | |
| 31 | CMS | Cms Energy CORP | 股票-公用事業 | 1.61% | — | EXIT | |
| 32 | MSFT | Microsoft CORP | 股票-科技 | 1.56% | -0.18% | +5.68% | |
| 33 | USFD | US Foods Holding CORP | 股票-非循環性消費 | 1.53% | -0.10% | -2.59% | |
| 34 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 1.48% | -0.17% | +19435.26% | |
| 35 | XEL | Xcel Energy Inc | 股票-公用事業 | 1.44% | -0.21% | -2.94% | |
| 36 | SYK | Stryker CORP | 股票-醫療保健 | 1.39% | — | EXIT | |
| 37 | CVX | Chevron CORP | 股票-能源 | 1.28% | -0.55% | -6.05% | |
| 38 | VST | Vistra CORP | 股票-公用事業 | 1.23% | -1.13% | EXIT | |
| 39 | ADP | Automatic Data Processing | 股票-科技 | 1.08% | — | -15.95% | |
| 40 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.67% | +0.06% | +3.49% | |
| 41 | XLF | Ss Financial Select Sector | ETF-其他 | 0.38% | -0.13% | -5.93% | |
| 42 | XLK | Ss Technology Select Sector | ETF-科技型 | 0.35% | +0.59% | +78.03% | |
| 43 | COR | Cencora Inc | 股票-醫療保健 | 0.35% | -1.86% | EXIT | |
| 44 | XLC | Ss Comm Select Sector Spdr | ETF-其他 | 0.30% | -0.10% | -10.57% | |
| 45 | XLE | Ss Energy Select Sector | ETF-其他 | 0.28% | -0.17% | +75.20% | |
| 46 | RL | Ralph Lauren CORP | 股票-循環性消費 | 0.27% | — | -3.86% | |
| 47 | EWI | Ishares Msci Italy ETF | ETF-其他 | 0.26% | -0.01% | -4.15% | |
| 48 | ECL | Ecolab Inc | 股票-原物料 | 0.26% | -0.03% | -3.81% | |
| 49 | EIS | Ishares Msci Israel ETF | ETF-其他 | 0.26% | -0.02% | — | |
| 50 | IVZ | Invesco Ltd. | 股票-金融 | 0.26% | -0.01% | +1165.89% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | PLTR | Palantir Technologies Inc-a | +1.6% | +1067.19% | 加碼 |
| 2 | GE | General Electric | +1.5% | +859.69% | 加碼 |
| 3 | MRK | Merck & Co. Inc. | +1.5% | +19435.26% | 加碼 |
| 4 | VST | Vistra CORP | +1.2% | +18652.68% | 加碼 |
| 5 | GOOG | Alphabet Inc-cl C | +0.4% | -9.98% | 減碼 |
| 6 | BCS | Barclays Plc-spons Adr | +0.4% | -2.98% | 減碼 |
| 7 | GS | Goldman Sachs Group Inc | +0.3% | +2.35% | 加碼 |
| 8 | UBS | UBS Group AG | +0.3% | -4.56% | 減碼 |
| 9 | CEG | Constellation Energy | +0.3% | +6.09% | 加碼 |
| 10 | IVZ | Invesco Ltd. | +0.2% | +1165.89% | 加碼 |
| 11 | LLY | Eli Lilly & Co | +0.2% | +3.49% | 加碼 |
| 12 | KLAC | Kla CORP | +0.2% | -2.97% | 減碼 |
| 13 | CSCO | Cisco Systems Inc | +0.2% | -2.40% | 減碼 |
| 14 | APA | Apa CORP | +0.2% | +1054.89% | 加碼 |
| 15 | JNJ | Johnson & Johnson | +0.2% | +5279.27% | 加碼 |
| 16 | WYNN | Wynn Resorts LTD | +0.2% | +1076.71% | 加碼 |
| 17 | EBAY | Ebay Inc | +0.2% | +262.88% | 加碼 |
| 18 | COST | Costco Wholesale CORP | -0.1% | -2.69% | 減碼 |
| 19 | XEL | Xcel Energy Inc | -0.1% | -2.94% | 減碼 |
| 20 | T | At&t Inc | -0.2% | -69.47% | 減碼 |
| 21 | CTAS | Cintas CORP | -0.2% | -2.84% | 減碼 |
| 22 | CMS | Cms Energy CORP | -0.2% | -7.95% | 減碼 |
| 23 | META | Meta Platforms Inc-class A | -0.2% | -2.76% | 減碼 |
| 24 | LH | Labcorp Holdings Inc | -0.3% | -3.05% | 減碼 |
| 25 | ADP | Automatic Data Processing | -0.4% | -15.95% | 減碼 |
| 26 | SPOT | Spotify Technology S.A. | -0.6% | -5.80% | 減碼 |
| 27 | NFLX | Netflix Inc | -0.7% | +837.23% | 加碼 |
| 28 | BJ | Bj's Wholesale Club Holdings | — | EXIT | 清倉 |
| 29 | CPAY | Corpay Inc | — | EXIT | 清倉 |
| 30 | WCN | Waste Connections Inc | — | EXIT | 清倉 |
| 31 | ISRG | Intuitive Surgical Inc | — | EXIT | 清倉 |
| 32 | COIN | Coinbase Global Inc -class A | — | EXIT | 清倉 |
| 33 | AJG | Arthur J Gallagher & Co | — | EXIT | 清倉 |
| 34 | EIS | Ishares Msci Israel ETF | — | NEW | 新建倉 |
| 35 | CRL | Charles River Laboratories | — | NEW | 新建倉 |
| 36 | JBHT | Hunt (jb) Transprt Svcs Inc | — | NEW | 新建倉 |
| 37 | EXPD | Expeditors Intl Wash Inc | — | NEW | 新建倉 |
| 38 | HPE | Hewlett Packard Enterprise | — | NEW | 新建倉 |
| 39 | HAL | Halliburton Co | — | NEW | 新建倉 |
| 40 | CHRW | C.h. Robinson Worldwide Inc | — | NEW | 新建倉 |
| 41 | CTVA | Corteva Inc | — | EXIT | 清倉 |
| 42 | GEN | Gen Digital Inc | — | EXIT | 清倉 |
| 43 | GWW | Ww Grainger Inc | — | EXIT | 清倉 |
| 44 | FFIV | F5 Inc | — | EXIT | 清倉 |
| 45 | DGX | Quest Diagnostics Inc | — | EXIT | 清倉 |
| 46 | PAYC | Paycom Software Inc | — | EXIT | 清倉 |
| 47 | PTC | Ptc Inc | — | NEW | 新建倉 |
| 48 | EQT | Eqt CORP | — | EXIT | 清倉 |
| 49 | STE | STERIS plc | — | EXIT | 清倉 |
| 50 | DRI | Darden Restaurants Inc | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Contravisory Investment Management, Inc. 在 Q4 2025 季度的美股持倉總市值約為 US$5.7億，共申報了 361 個公開持股部位。
在 Q4 2025 季度，Contravisory Investment Management, Inc. 按市值排列的前三大核心持股分別為：UBS (2.8%)、TSM (2.7%)、GOOG (2.6%)。其中最大持股部位 UBS 佔據整體投資組合約 2.8% 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
EIS
市值: US$129.6萬
本季最大獲利了結 / 清倉標的
BJ
前期市值: US$771.8萬
在 Q4 2025 季度中，Contravisory Investment Management, Inc. 共進行了 50 項持倉異動，包含新建倉 8 個部位、加碼 13 個部位、減碼 14 個部位以及清倉 15 個部位。 其中最大新建倉標的為 EIS。 本季清倉部位包含 BJ。
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。