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: 0001863523
申報總市值
US$46.8億
US$46.8億
377 檔
9.2%
根據最新整理的 13F 季度數據集，CSM Advisors, LLC 於 Q2 2025 結束時的管理資產規模為 US$46.8億。該機構在本季度申報了 377 檔美股持倉，呈現出該時期的主要投資地圖。
觀察 Q2 2025 的申報異動，CSM Advisors, LLC 採取了強勁的買進策略，建倉與加碼動作（合計 183 筆）涵蓋多個核心板塊，展現機構對特定產業前景之樂觀態度。
檢視投資組合結構，前 5 大主力部位（包含 QQQ, SPY, VUG）占據了總市值的 9.2%，展現出該機構在 Q2 2025 的重點資金聚焦與風險分佈特徵。
僅顯示前 200 大持股（共 377 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 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 3.22% | +0.24% | -34.57% | |
| 2 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 3.08% | +0.51% | -34.09% | |
| 3 | VUG | Vanguard Growth ETF | ETF-其他 | 2.58% | +0.08% | -49.31% | |
| 4 | VTV | Vanguard Value ETF | ETF-其他 | 1.89% | -0.06% | -49.32% | |
| 5 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.84% | -0.05% | +133.72% | |
| 6 | GS | Goldman Sachs Group Inc | 股票-金融 | 1.55% | +0.01% | +134.85% | |
| 7 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 1.41% | +0.51% | +553.59% | |
| 8 | ORSIX | Nrth Sq Dyn Sm Cap-i | 股票-其他 | 1.28% | -1.05% | EXIT | |
| 9 | MSFT | Microsoft CORP | 股票-科技 | 1.26% | -1.21% | +4.16% | |
| 10 | EZU | Ishares Msci Eurozone ETF | ETF-其他 | 1.25% | -0.04% | -50.00% | |
| 11 | CSCO | Cisco Systems Inc | 股票-科技 | 1.22% | -0.47% | +888.19% | |
| 12 | BNY | Bank Of New York Mellon CORP | 股票-金融 | 1.13% | -0.05% | +1077.88% | |
| 13 | DUK | Duke Energy CORP | 股票-公用事業 | 1.13% | -0.11% | — | |
| 14 | VZ | Verizon Communications Inc | 股票-通訊服務 | 1.12% | -0.11% | — | |
| 15 | AAPL | Apple Inc | 股票-科技 | 1.08% | +1.30% | +4.22% | |
| 16 | C | Citigroup Inc | 股票-金融 | 1.08% | +0.06% | — | |
| 17 | XLF | Ss Financial Select Sector | ETF-其他 | 1.05% | — | -50.00% | |
| 18 | HIG | Hartford Insurance Group Inc | 股票-金融 | 1.03% | +0.02% | — | |
| 19 | CAT | Caterpillar Inc | 股票-工業 | 1.01% | +0.14% | +248.05% | |
| 20 | CMI | Cummins Inc | 股票-工業 | 0.99% | +0.07% | — | |
| 21 | ORCL | Oracle CORP | 股票-科技 | 0.98% | -0.03% | +63.72% | |
| 22 | SYF | Synchrony Financial | 股票-金融 | 0.92% | -0.02% | — | |
| 23 | USB | US Bancorp | 股票-金融 | 0.91% | +0.01% | — | |
| 24 | INDA | Ishares Msci India ETF | ETF-其他 | 0.88% | -0.02% | — | |
| 25 | IBM | Intl Business Machines CORP | 股票-科技 | 0.88% | -0.10% | — | |
| 26 | EOG | Eog Resources Inc | 股票-能源 | 0.87% | -0.21% | +279.05% | |
| 27 | AMZN | Amazon.com Inc | 股票-循環性消費 | 0.85% | +1.08% | +1.12% | |
| 28 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.82% | +0.02% | +0.02% | |
| 29 | VTWO | Vanguard Russell 2000 ETF | ETF-中小型股 | 0.82% | -0.39% | -1.94% | |
| 30 | IEI | Ishares 3-7 Year Treasury Bo | ETF-政府公債 | 0.80% | -0.55% | EXIT | |
| 31 | MO | Altria Group Inc | 股票-非循環性消費 | 0.78% | +0.03% | — | |
| 32 | FOXA | Fox CORP - Class A | 股票-通訊服務 | 0.75% | -0.13% | — | |
| 33 | SPG | Simon Property Group Inc | 股票-房地產 | 0.74% | +0.02% | — | |
| 34 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.74% | +0.15% | +3.28% | |
| 35 | URI | United Rentals Inc | 股票-工業 | 0.73% | -0.01% | — | |
| 36 | KR | Kroger Co | 股票-非循環性消費 | 0.71% | -0.10% | — | |
| 37 | SHEL | Shell Plc-adr | 股票-能源 | 0.69% | -0.23% | — | |
| 38 | DRI | Darden Restaurants Inc | 股票-循環性消費 | 0.67% | — | — | |
| 39 | DAL | Delta Air Lines Inc | 股票-工業 | 0.66% | +0.19% | — | |
| 40 | MDT | Medtronic plc | 股票-醫療保健 | 0.64% | -0.57% | EXIT | |
| 41 | QCOM | Qualcomm Inc | 股票-科技 | 0.64% | -0.61% | — | |
| 42 | MOS | Mosaic Co/the | 股票-原物料 | 0.63% | — | — | |
| 43 | AMP | Ameriprise Financial Inc | 股票-金融 | 0.63% | -0.07% | — | |
| 44 | ADVGX | North Sq Sel Sm Cap-i | 股票-其他 | 0.63% | -0.45% | EXIT | |
| 45 | EBAY | Ebay Inc | 股票-循環性消費 | 0.62% | +0.22% | — | |
| 46 | AVGO | Broadcom Inc | 股票-科技 | 0.61% | +0.02% | +1.05% | |
| 47 | MPC | Marathon Petroleum CORP | 股票-能源 | 0.61% | -0.03% | +1.03% | |
| 48 | GDX | Vaneck Gold Miners ETF | ETF-避險與商品 | 0.61% | — | -50.00% | |
| 49 | PFE | Pfizer Inc | 股票-醫療保健 | 0.60% | -0.07% | — | |
| 50 | RTX | Rtx CORP | 股票-工業 | 0.60% | -0.05% | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | DUK | Duke Energy CORP | +1.1% | NEW | 新建倉 |
| 2 | VZ | Verizon Communications Inc | +1.1% | NEW | 新建倉 |
| 3 | C | Citigroup Inc | +1.1% | NEW | 新建倉 |
| 4 | GOOGL | Alphabet Inc-cl A | +1.1% | +553.59% | 加碼 |
| 5 | HIG | Hartford Insurance Group Inc | +1% | NEW | 新建倉 |
| 6 | CSCO | Cisco Systems Inc | +1% | +888.19% | 加碼 |
| 7 | CMI | Cummins Inc | +1% | NEW | 新建倉 |
| 8 | BNY | Bank Of New York Mellon CORP | +1% | +1077.88% | 加碼 |
| 9 | SYF | Synchrony Financial | +0.9% | NEW | 新建倉 |
| 10 | USB | US Bancorp | +0.9% | NEW | 新建倉 |
| 11 | INDA | Ishares Msci India ETF | +0.9% | NEW | 新建倉 |
| 12 | IBM | Intl Business Machines CORP | +0.9% | NEW | 新建倉 |
| 13 | MO | Altria Group Inc | +0.8% | NEW | 新建倉 |
| 14 | FOXA | Fox CORP - Class A | +0.8% | NEW | 新建倉 |
| 15 | SPG | Simon Property Group Inc | +0.7% | NEW | 新建倉 |
| 16 | URI | United Rentals Inc | +0.7% | NEW | 新建倉 |
| 17 | KR | Kroger Co | +0.7% | NEW | 新建倉 |
| 18 | SHEL | Shell Plc-adr | +0.7% | NEW | 新建倉 |
| 19 | DRI | Darden Restaurants Inc | +0.7% | NEW | 新建倉 |
| 20 | DAL | Delta Air Lines Inc | +0.7% | NEW | 新建倉 |
| 21 | MDT | Medtronic plc | +0.6% | NEW | 新建倉 |
| 22 | QCOM | Qualcomm Inc | +0.6% | NEW | 新建倉 |
| 23 | MOS | Mosaic Co/the | +0.6% | NEW | 新建倉 |
| 24 | AMP | Ameriprise Financial Inc | +0.6% | NEW | 新建倉 |
| 25 | EBAY | Ebay Inc | +0.6% | NEW | 新建倉 |
| 26 | PFE | Pfizer Inc | +0.6% | NEW | 新建倉 |
| 27 | RTX | Rtx CORP | +0.6% | NEW | 新建倉 |
| 28 | JPM | Jpmorgan Chase & Co | +0.6% | +133.72% | 加碼 |
| 29 | GS | Goldman Sachs Group Inc | +0.6% | +134.85% | 加碼 |
| 30 | JNJ | Johnson & Johnson | +0.6% | NEW | 新建倉 |
| 31 | CAT | Caterpillar Inc | +0.6% | +248.05% | 加碼 |
| 32 | DGX | Quest Diagnostics Inc | +0.5% | NEW | 新建倉 |
| 33 | ABBV | Abbvie Inc | +0.5% | NEW | 新建倉 |
| 34 | BMY | Bristol-myers Squibb Co | +0.5% | NEW | 新建倉 |
| 35 | VSS | Vanguard Ftse All Wo X-us Sc | +0.5% | +5285.11% | 加碼 |
| 36 | SCHC | Schwab Intl Small-cap Equity | +0.5% | NEW | 新建倉 |
| 37 | VNQI | Vanguard Glbl Ex-us Real Est | +0.5% | NEW | 新建倉 |
| 38 | EWC | Ishares Msci Canada ETF | +0.4% | +666.54% | 加碼 |
| 39 | CI | THE Cigna Group | +0.4% | NEW | 新建倉 |
| 40 | WPC | Wp Carey Inc | +0.4% | NEW | 新建倉 |
| 41 | EOG | Eog Resources Inc | +0.4% | +279.05% | 加碼 |
| 42 | ELV | Elevance Health Inc | +0.4% | NEW | 新建倉 |
| 43 | KO | The Coca-Cola Company | +0.4% | NEW | 新建倉 |
| 44 | CTRA | Coterra Energy Inc | +0.4% | NEW | 新建倉 |
| 45 | COF | Capital One Financial CORP | +0.4% | NEW | 新建倉 |
| 46 | AES | Aes CORP | +0.4% | NEW | 新建倉 |
| 47 | BIRD | Smartbird, Inc | +0.4% | NEW | 新建倉 |
| 48 | NEM | Newmont CORP | +0.4% | NEW | 新建倉 |
| 49 | TSN | Tyson Foods Inc-cl A | +0.3% | NEW | 新建倉 |
| 50 | SRE | Sempra | +0.3% | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，CSM Advisors, LLC 在 Q2 2025 季度的美股持倉總市值約為 US$46.8億，共申報了 377 個公開持股部位。
在 Q2 2025 季度，CSM Advisors, LLC 按市值排列的前三大核心持股分別為：QQQ (3.2%)、SPY (3.1%)、VUG (2.6%)。其中最大持股部位 QQQ 佔據整體投資組合約 3.2% 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
DUK
市值: US$3865.8萬
本季最大獲利了結 / 清倉標的
HDV
前期市值: US$5593.4萬
在 Q2 2025 季度中，CSM Advisors, LLC 共進行了 200 項持倉異動，包含新建倉 166 個部位、加碼 17 個部位、減碼 15 個部位以及清倉 2 個部位。 其中最大新建倉標的為 DUK。 本季清倉部位包含 HDV。
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。