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: 0001636948
申報總市值
US$30.7億
US$30.7億
119 檔
19.2%
截至 Q2 2025 季度末，Covea Finance 的美股持倉估值約為 US$30.7億，全數申報部位共有 119 檔。
在 Q2 2025，Covea Finance 操作展現出積極擴展與加碼意向。本季共新建倉 10 個新部位，並對 75 個既有持股進行加碼（合計增持 85 檔），相較減碼與清倉部位顯著佔優。
整體而言，Covea Finance 的前 5 大持股（包含 MSFT, AAPL, NVDA）貢獻了組合市值的 19.2%，形成該機構在 Q2 2025 季度的基本面基石。
| # | 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 | MSFT | Microsoft CORP | 股票-科技 | 7.18% | +0.68% | +18.13% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 5.09% | +0.84% | +2.05% | |
| 3 | NVDA | Nvidia CORP | 股票-科技 | 3.53% | +2.89% | +12.42% | |
| 4 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 3.06% | +0.80% | +5.08% | |
| 5 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.98% | -1.81% | -22.65% | |
| 6 | CCJ | Cameco CORP | 股票-能源 | 2.86% | -0.95% | -37.57% | |
| 7 | NFLX | Netflix Inc | 股票-通訊服務 | 2.73% | -0.45% | -8.45% | |
| 8 | V | Visa Inc-class A Shares | 股票-金融 | 2.62% | +0.13% | -12.01% | |
| 9 | WM | Waste Management Inc | 股票-工業 | 2.18% | -0.13% | -6.55% | |
| 10 | WMT | Walmart Inc | 股票-非循環性消費 | 2.16% | -0.60% | -10.06% | |
| 11 | ABT | Abbott Laboratories | 股票-醫療保健 | 1.95% | +0.02% | +31.28% | |
| 12 | HWM | Howmet Aerospace Inc | 股票-工業 | 1.82% | -0.68% | -7.70% | |
| 13 | TXN | Texas Instruments Inc | 股票-科技 | 1.77% | -0.02% | +52.09% | |
| 14 | ISRG | Intuitive Surgical Inc | 股票-醫療保健 | 1.73% | -0.32% | -0.48% | |
| 15 | NOW | Servicenow Inc | 股票-科技 | 1.72% | — | +13.75% | |
| 16 | EMR | Emerson Electric Co | 股票-工業 | 1.70% | -0.36% | +14.66% | |
| 17 | AVGO | Broadcom Inc | 股票-科技 | 1.67% | +0.12% | -19.59% | |
| 18 | DIS | Walt Disney Co/the | 股票-通訊服務 | 1.67% | +0.26% | -11.61% | |
| 19 | ZTS | Zoetis Inc | 股票-醫療保健 | 1.66% | — | -3.71% | |
| 20 | MSI | Motorola Solutions Inc | 股票-科技 | 1.64% | -0.22% | +21.54% | |
| 21 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 1.55% | +0.22% | -1.74% | |
| 22 | TMO | Thermo Fisher Scientific Inc | 股票-醫療保健 | 1.52% | +0.30% | -1.90% | |
| 23 | FNV | Franco-nevada CORP | 股票-原物料 | 1.51% | +0.25% | -13.21% | |
| 24 | TJX | Tjx Companies Inc | 股票-循環性消費 | 1.29% | -0.10% | +40.13% | |
| 25 | LLY | Eli Lilly & Co | 股票-醫療保健 | 1.29% | -0.15% | +42.99% | |
| 26 | ADBE | Adobe Inc | 股票-科技 | 1.24% | — | +13.82% | |
| 27 | BAC | Bank Of America CORP | 股票-金融 | 1.19% | -0.57% | +43.54% | |
| 28 | PANW | Palo Alto Networks Inc | 股票-科技 | 1.19% | -0.13% | — | |
| 29 | HUBB | Hubbell Inc | 股票-工業 | 1.16% | -0.38% | +15.04% | |
| 30 | NKE | Nike Inc -cl B | 股票-循環性消費 | 1.08% | -0.02% | +15.36% | |
| 31 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.00% | -0.09% | +50.08% | |
| 32 | MKC | Mccormick & Co-non Vtg Shrs | 股票-非循環性消費 | 0.94% | -0.01% | -1.77% | |
| 33 | LOW | Lowe's Cos Inc | 股票-循環性消費 | 0.94% | -0.05% | -4.62% | |
| 34 | BWXT | Bwx Technologies Inc | 股票-工業 | 0.92% | -0.19% | +59.07% | |
| 35 | WAB | Wabtec CORP | 股票-工業 | 0.90% | +0.05% | +2.84% | |
| 36 | XYL | Xylem Inc | 股票-工業 | 0.89% | +0.10% | +34.80% | |
| 37 | AWK | American Water Works Co Inc | 股票-公用事業 | 0.87% | -0.05% | +3.90% | |
| 38 | PH | Parker Hannifin CORP | 股票-工業 | 0.87% | +0.22% | +3.41% | |
| 39 | KO | Coca-cola Co/the | 股票-非循環性消費 | 0.86% | -0.05% | +335.23% | |
| 40 | TDY | Teledyne Technologies Inc | 股票-科技 | 0.86% | -0.14% | +56.24% | |
| 41 | LNG | Cheniere Energy Inc | 股票-能源 | 0.85% | +0.09% | +12.37% | |
| 42 | ENB | Enbridge Inc | 股票-能源 | 0.83% | -0.03% | -6.12% | |
| 43 | ROK | Rockwell Automation Inc | 股票-工業 | 0.80% | -0.01% | +10.01% | |
| 44 | ROL | Rollins Inc | 股票-循環性消費 | 0.79% | -0.26% | -25.01% | |
| 45 | CW | Curtiss-wright CORP | 股票-工業 | 0.78% | -0.20% | +118.18% | |
| 46 | AXP | American Express Co | 股票-金融 | 0.66% | -0.15% | +192.63% | |
| 47 | APH | Amphenol Corp-cl A | 股票-科技 | 0.64% | -0.04% | -5.62% | |
| 48 | CDNS | Cadence Design Sys Inc | 股票-科技 | 0.64% | -0.22% | +9.36% | |
| 49 | CMS | Cms Energy CORP | 股票-公用事業 | 0.61% | -0.07% | +36.13% | |
| 50 | CLH | Clean Harbors Inc | 股票-工業 | 0.61% | +0.05% | +78.45% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | MSFT | Microsoft CORP | +1.5% | +18.13% | 加碼 |
| 2 | PANW | Palo Alto Networks Inc | +1.2% | NEW | 新建倉 |
| 3 | NVDA | Nvidia CORP | +0.9% | +12.42% | 加碼 |
| 4 | CCJ | Cameco CORP | +0.7% | -37.57% | 減碼 |
| 5 | KO | Coca-cola Co/the | +0.6% | +335.23% | 加碼 |
| 6 | TXN | Texas Instruments Inc | +0.5% | +52.09% | 加碼 |
| 7 | CW | Curtiss-wright CORP | +0.5% | +118.18% | 加碼 |
| 8 | BWXT | Bwx Technologies Inc | +0.4% | +59.07% | 加碼 |
| 9 | AXP | American Express Co | +0.4% | +192.63% | 加碼 |
| 10 | JPM | Jpmorgan Chase & Co | +0.3% | +50.08% | 加碼 |
| 11 | BAC | Bank Of America CORP | +0.3% | +43.54% | 加碼 |
| 12 | NOW | Servicenow Inc | +0.3% | +13.75% | 加碼 |
| 13 | CEG | Constellation Energy | +0.3% | NEW | 新建倉 |
| 14 | CLH | Clean Harbors Inc | +0.3% | +78.45% | 加碼 |
| 15 | EMR | Emerson Electric Co | +0.2% | +14.66% | 加碼 |
| 16 | TDY | Teledyne Technologies Inc | +0.2% | +56.24% | 加碼 |
| 17 | DE | Deere & Co | +0.2% | NEW | 新建倉 |
| 18 | UBER | Uber Technologies Inc | +0.2% | NEW | 新建倉 |
| 19 | TJX | Tjx Companies Inc | +0.2% | +40.13% | 加碼 |
| 20 | NFLX | Netflix Inc | +0.2% | -8.45% | 減碼 |
| 21 | ABT | Abbott Laboratories | +0.2% | +31.28% | 加碼 |
| 22 | BURL | Burlington Stores Inc | +0.2% | NEW | 新建倉 |
| 23 | CP | Canadian Pacific Kansas City | +0.2% | NEW | 新建倉 |
| 24 | HUBB | Hubbell Inc | +0.2% | +15.04% | 加碼 |
| 25 | SYK | Stryker CORP | +0.2% | +92.84% | 加碼 |
| 26 | XYL | Xylem Inc | +0.1% | +34.80% | 加碼 |
| 27 | ON | On Semiconductor | +0.1% | NEW | 新建倉 |
| 28 | HWM | Howmet Aerospace Inc | +0.1% | -7.70% | 減碼 |
| 29 | AVGO | Broadcom Inc | +0.1% | -19.59% | 減碼 |
| 30 | LLY | Eli Lilly & Co | +0.1% | +42.99% | 加碼 |
| 31 | ROK | Rockwell Automation Inc | +0.1% | +10.01% | 加碼 |
| 32 | DXCM | Dexcom Inc | +0.1% | +32.54% | 加碼 |
| 33 | MDB | Mongodb Inc | +0.1% | +48.59% | 加碼 |
| 34 | MS | Morgan Stanley | +0.1% | +68.40% | 加碼 |
| 35 | ITT | Itt Inc | +0.1% | +88.50% | 加碼 |
| 36 | KEX | Kirby CORP | +0.1% | +162.14% | 加碼 |
| 37 | CNM | Core & Main Inc-class A | +0.1% | NEW | 新建倉 |
| 38 | IOT | Samsara Inc-cl A | +0.1% | NEW | 新建倉 |
| 39 | RPM | Rpm International Inc | +0.1% | NEW | 新建倉 |
| 40 | APH | Amphenol Corp-cl A | +0.1% | -5.62% | 減碼 |
| 41 | IFF | Intl Flavors & Fragrances | +0.1% | +51.66% | 加碼 |
| 42 | GMED | Globus Medical Inc - A | +0.1% | +92.54% | 加碼 |
| 43 | BSY | Bentley Systems Inc-class B | +0.1% | +81.35% | 加碼 |
| 44 | DT | Dynatrace Inc | +0.1% | +67.02% | 加碼 |
| 45 | NKE | Nike Inc -cl B | +0.1% | +15.36% | 加碼 |
| 46 | ADI | Analog Devices Inc | +0.1% | +19.89% | 加碼 |
| 47 | WWD | Woodward Inc | +0.1% | +21.17% | 加碼 |
| 48 | GILD | Gilead Sciences Inc | +0.1% | +69.51% | 加碼 |
| 49 | DDOG | Datadog Inc - Class A | +0.1% | +21.56% | 加碼 |
| 50 | CDNS | Cadence Design Sys Inc | 0% | +9.36% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Covea Finance 在 Q2 2025 季度的美股持倉總市值約為 US$30.7億，共申報了 119 個公開持股部位。
在 Q2 2025 季度，Covea Finance 按市值排列的前三大核心持股分別為：MSFT (7.2%)、AAPL (5.1%)、NVDA (3.5%)。其中最大持股部位 MSFT 佔據整體投資組合約 7.2% 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
PANW
市值: US$3199.2萬
本季最大獲利了結 / 清倉標的
MRVL
前期市值: US$620.8萬
在 Q2 2025 季度中，Covea Finance 共進行了 115 項持倉異動，包含新建倉 10 個部位、加碼 75 個部位、減碼 25 個部位以及清倉 5 個部位。 其中最大新建倉標的為 PANW。 本季清倉部位包含 MRVL。
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。