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: 0000837592
申報總市值
US$60.0億
US$60.0億
301 檔
14.3%
根據最新整理的 13F 季度數據集，Crawford Investment Counsel Inc 於 Q4 2025 結束時的管理資產規模為 US$60.0億。該機構在本季度申報了 301 檔美股持倉，呈現出該時期的主要投資地圖。
Crawford Investment Counsel Inc 在 Q4 2025 進行了結構性的板塊輪動與部位換股。在開立 9 個全新部位及加碼 97 檔持股的同時，亦同步清倉 7 檔並減碼 83 檔標的。
檢視投資組合結構，前 5 大主力部位（包含 MSFT, ABBV, JNJ）占據了總市值的 14.3%，展現出該機構在 Q4 2025 的重點資金聚焦與風險分佈特徵。
僅顯示前 200 大持股（共 301 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 | MSFT | Microsoft CORP | 股票-科技 | 3.70% | -0.08% | -0.99% | |
| 2 | ABBV | Abbvie Inc | 股票-醫療保健 | 3.40% | +0.14% | -1.88% | |
| 3 | JNJ | Johnson & Johnson | 股票-醫療保健 | 2.64% | +0.04% | -3.02% | |
| 4 | AZNN | Astrazeneca Plc-spons Adr | 股票-其他 | 2.36% | — | -1.73% | |
| 5 | ACN | Accenture plc | 股票-科技 | 2.21% | -1.43% | +28.69% | |
| 6 | TEL | TE Connectivity plc | 股票-科技 | 2.18% | -0.19% | -4.53% | |
| 7 | MDT | Medtronic plc | 股票-醫療保健 | 2.18% | -0.03% | +0.61% | |
| 8 | KO | Coca-cola Co/the | 股票-非循環性消費 | 2.11% | -0.02% | -6.99% | |
| 9 | PNC | Pnc Financial Services Group | 股票-金融 | 2.10% | +0.19% | +19.71% | |
| 10 | RTX | Rtx CORP | 股票-工業 | 2.09% | -0.20% | -3.43% | |
| 11 | V | Visa Inc-class A Shares | 股票-金融 | 2.07% | +0.12% | +0.29% | |
| 12 | PM | Philip Morris International | 股票-非循環性消費 | 2.06% | +0.03% | -0.24% | |
| 13 | AXP | American Express Co | 股票-金融 | 2.02% | +0.07% | -2.46% | |
| 14 | AEP | American Electric Power | 股票-公用事業 | 1.97% | -0.06% | -1.78% | |
| 15 | WEC | Wec Energy Group Inc | 股票-公用事業 | 1.91% | -0.12% | -1.00% | |
| 16 | WTW | Willis Towers Watson Public Limited Company | 股票-金融 | 1.81% | -0.21% | +0.11% | |
| 17 | GPC | Genuine Parts Co | 股票-循環性消費 | 1.71% | -0.26% | -0.12% | |
| 18 | OMC | Omnicom Group | 股票-通訊服務 | 1.68% | -0.17% | +15.18% | |
| 19 | SCHW | Schwab (charles) CORP | 股票-金融 | 1.67% | -0.11% | -0.53% | |
| 20 | UPS | United Parcel Service-cl B | 股票-工業 | 1.67% | +0.06% | +2.28% | |
| 21 | HD | Home Depot Inc | 股票-循環性消費 | 1.61% | +0.05% | +0.43% | |
| 22 | JNJ | Johnson & Johnson | 股票-醫療保健 | 1.49% | +0.24% | +0.42% | |
| 23 | SAP | Sap Se-sponsored Adr | 股票-科技 | 1.48% | -0.09% | +1.11% | |
| 24 | SPGI | S&p Global Inc | 股票-金融 | 1.46% | -0.10% | +1.05% | |
| 25 | DGX | Quest Diagnostics Inc | 股票-醫療保健 | 1.43% | -0.01% | +0.42% | |
| 26 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 1.41% | -0.05% | +1.43% | |
| 27 | BLK | Blackrock Inc | 股票-金融 | 1.37% | -0.07% | -1.30% | |
| 28 | ROST | Ross Stores Inc | 股票-循環性消費 | 1.37% | -0.16% | +0.58% | |
| 29 | CNQ | Canadian Natural Resources | 股票-能源 | 1.34% | -0.03% | +1.56% | |
| 30 | DOX | Amdocs Limited | 股票-科技 | 1.22% | -0.26% | -4.27% | |
| 31 | AAPL | Apple Inc | 股票-科技 | 1.15% | +0.11% | +2.09% | |
| 32 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.14% | +0.09% | -1.67% | |
| 33 | CSX | Csx CORP | 股票-工業 | 0.93% | +0.05% | +1.19% | |
| 34 | MRSH | Marsh & Mclennan Cos | 股票-金融 | 0.92% | -0.75% | +1.14% | |
| 35 | ICE | Intercontinental Exchange In | 股票-金融 | 0.89% | -0.23% | +1.82% | |
| 36 | PFE | Pfizer Inc | 股票-醫療保健 | 0.86% | -0.26% | -3.37% | |
| 37 | DOV | Dover CORP | 股票-工業 | 0.86% | — | +21017.04% | |
| 38 | MAA | Mid-america Apartment Comm | 股票-房地產 | 0.84% | +0.11% | -7.28% | |
| 39 | MDLZ | Mondelez International Inc-a | 股票-非循環性消費 | 0.83% | -0.07% | +22.53% | |
| 40 | CAH | Cardinal Health Inc | 股票-醫療保健 | 0.82% | — | -41.50% | |
| 41 | HBAN | Huntington Bancshares Inc | 股票-金融 | 0.76% | +0.19% | +0.93% | |
| 42 | ATR | Aptargroup Inc | 股票-醫療保健 | 0.74% | -0.05% | +49.01% | |
| 43 | ROP | Roper Technologies Inc | 股票-科技 | 0.71% | -0.40% | -12.61% | |
| 44 | AVGO | Broadcom Inc | 股票-科技 | 0.68% | +0.36% | -6.35% | |
| 45 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 0.67% | +0.10% | -3.69% | |
| 46 | CVX | Chevron CORP | 股票-能源 | 0.64% | -0.28% | +0.32% | |
| 47 | DHR | Danaher CORP | 股票-醫療保健 | 0.63% | -0.22% | — | |
| 48 | DUK | Duke Energy CORP | 股票-公用事業 | 0.63% | -0.05% | +0.38% | |
| 49 | BKH | Black Hills CORP | 股票-公用事業 | 0.57% | +0.03% | +9.36% | |
| 50 | GSK | Gsk Plc-spon Adr | 股票-醫療保健 | 0.54% | -0.05% | -4.23% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | DOV | Dover CORP | +0.9% | +21017.04% | 加碼 |
| 2 | ACN | Accenture plc | +0.6% | +28.69% | 加碼 |
| 3 | PNC | Pnc Financial Services Group | +0.4% | +19.71% | 加碼 |
| 4 | AZNN | Astrazeneca Plc-spons Adr | +0.4% | -1.73% | 減碼 |
| 5 | UPS | United Parcel Service-cl B | +0.3% | +2.28% | 加碼 |
| 6 | ROST | Ross Stores Inc | +0.2% | +0.58% | 加碼 |
| 7 | OMC | Omnicom Group | +0.2% | +15.18% | 加碼 |
| 8 | ATR | Aptargroup Inc | +0.2% | +49.01% | 加碼 |
| 9 | AXP | American Express Co | +0.2% | -2.46% | 減碼 |
| 10 | JNJ | Johnson & Johnson | +0.2% | +0.42% | 加碼 |
| 11 | FHB | First Hawaiian Inc | +0.2% | +129.87% | 加碼 |
| 12 | JNJ | Johnson & Johnson | +0.2% | -3.02% | 減碼 |
| 13 | GOOGL | Alphabet Inc-cl A | +0.1% | -3.69% | 減碼 |
| 14 | RTX | Rtx CORP | +0.1% | -3.43% | 減碼 |
| 15 | SPGI | S&p Global Inc | +0.1% | +1.05% | 加碼 |
| 16 | CLX | Clorox Company | +0.1% | +103.47% | 加碼 |
| 17 | MNRO | Monro Inc | +0.1% | +673.39% | 加碼 |
| 18 | BKH | Black Hills CORP | +0.1% | +9.36% | 加碼 |
| 19 | CRM | Salesforce Inc | +0.1% | +26.16% | 加碼 |
| 20 | AAPL | Apple Inc | +0.1% | +2.09% | 加碼 |
| 21 | CNQ | Canadian Natural Resources | +0.1% | +1.56% | 加碼 |
| 22 | DG | Dollar General CORP | +0.1% | +1.65% | 加碼 |
| 23 | TPL | Texas Pacific Land CORP | +0.1% | +911.52% | 加碼 |
| 24 | MCRI | Monarch Casino & Resort Inc | +0.1% | +397.66% | 加碼 |
| 25 | SCHW | Schwab (charles) CORP | +0.1% | -0.53% | 減碼 |
| 26 | V | Visa Inc-class A Shares | +0.1% | +0.29% | 加碼 |
| 27 | META | Meta Platforms Inc-class A | +0.1% | +30.73% | 加碼 |
| 28 | RAL | Ralliant CORP | +0.1% | +338.44% | 加碼 |
| 29 | LLY | Eli Lilly & Co | +0.1% | +4.33% | 加碼 |
| 30 | GSK | Gsk Plc-spon Adr | +0.1% | -4.23% | 減碼 |
| 31 | MDLZ | Mondelez International Inc-a | +0.1% | +22.53% | 加碼 |
| 32 | PRU | Prudential Financial Inc | 0% | +0.37% | 加碼 |
| 33 | PLD | Prologis Inc | 0% | +3.64% | 加碼 |
| 34 | MRK | Merck & Co. Inc. | 0% | -5.84% | 減碼 |
| 35 | BTI | British American Tob-sp Adr | 0% | +5.63% | 加碼 |
| 36 | EXPD | Expeditors Intl Wash Inc | 0% | +1.21% | 加碼 |
| 37 | ARES | Ares Management CORP - A | 0% | +24.00% | 加碼 |
| 38 | MDT | Medtronic plc | 0% | +0.61% | 加碼 |
| 39 | CSX | Csx CORP | 0% | +1.19% | 加碼 |
| 40 | HAS | Hasbro Inc | 0% | -0.79% | 減碼 |
| 41 | GOOG | Alphabet Inc-cl C | 0% | +17.87% | 加碼 |
| 42 | WMT | Walmart Inc | 0% | +2.61% | 加碼 |
| 43 | HLNE | Hamilton Lane Inc-class A | 0% | +20.65% | 加碼 |
| 44 | WHD | Cactus Inc - A | 0% | +13.19% | 加碼 |
| 45 | KNTK | Kinetik Holdings Inc | 0% | +30.46% | 加碼 |
| 46 | LAMR | Lamar Advertising Co-a | 0% | +1.79% | 加碼 |
| 47 | MOG-A | Moog Inc-class A | 0% | -7.04% | 減碼 |
| 48 | HXL | Hexcel CORP | 0% | -0.88% | 減碼 |
| 49 | AMZN | Amazon.com Inc | 0% | +23.11% | 加碼 |
| 50 | IRT | Independence Realty Trust In | 0% | +3.37% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Crawford Investment Counsel Inc 在 Q4 2025 季度的美股持倉總市值約為 US$60.0億，共申報了 301 個公開持股部位。
在 Q4 2025 季度，Crawford Investment Counsel Inc 按市值排列的前三大核心持股分別為：MSFT (3.7%)、ABBV (3.4%)、JNJ (2.6%)。其中最大持股部位 MSFT 佔據整體投資組合約 3.7% 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
DHR
市值: US$3796.0萬
本季最大獲利了結 / 清倉標的
LAKE
前期市值: US$308.4萬
在 Q4 2025 季度中，Crawford Investment Counsel Inc 共進行了 196 項持倉異動，包含新建倉 9 個部位、加碼 97 個部位、減碼 83 個部位以及清倉 7 個部位。 其中最大新建倉標的為 DHR。 本季清倉部位包含 LAKE。
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。