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: 0001080107
申報總市值
US$180.9億
US$180.9億
1430 檔
17.3%
D.a. Davidson & Co. 在 Q2 2025 季度的美股部位總計估值為 US$180.9億，分散於 1430 個持倉標的之中，反映其市場參與廣度與投資規模。
Q2 2025 數據顯示 D.a. Davidson & Co. 積極進場，新開立 2 個部位並同步加碼 41 檔個股，反映機構在該季度的資金注入與籌碼積累。
從部位權重觀察，前 5 大標的（包含 VTV, VUG, IXUS）累計市值佔比達 17.3%，是驅動 D.a. Davidson & 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 1430 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 | VTV | Vanguard Value ETF | ETF-其他 | 6.61% | +0.18% | +2.40% | |
| 2 | VUG | Vanguard Growth ETF | ETF-其他 | 5.43% | +0.40% | +2.63% | |
| 3 | IXUS | Ishares Core Intl Stock ETF | ETF-其他 | 4.00% | +0.10% | +1.77% | |
| 4 | AGG | Ishares Core U.s. Aggregate | ETF-其他 | 3.09% | -0.21% | -0.42% | |
| 5 | MSFT | Microsoft CORP | 股票-科技 | 2.87% | -0.16% | +9.02% | |
| 6 | AAPL | Apple Inc | 股票-科技 | 2.15% | +0.06% | +0.16% | |
| 7 | AVGO | Broadcom Inc | 股票-科技 | 1.65% | +0.04% | +23.86% | |
| 8 | VEA | Vanguard Ftse Developed ETF | ETF-其他 | 1.45% | — | -0.16% | |
| 9 | SPIB | Ss Spdr P Int C CORP ETF | ETF-其他 | 1.32% | -0.09% | +1.75% | |
| 10 | IWN | Ishares Russell 2000 Value E | ETF-中小型股 | 1.32% | +0.11% | +4.39% | |
| 11 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 1.29% | -0.16% | +20.30% | |
| 12 | VTI | Vanguard Total Stock Mkt ETF | ETF-其他 | 1.18% | +0.05% | -0.94% | |
| 13 | NVDA | Nvidia CORP | 股票-科技 | 1.17% | +0.06% | +5.24% | |
| 14 | IWF | Ishares Russell 1000 Growth | ETF-其他 | 1.09% | +0.04% | +0.30% | |
| 15 | AMZN | Amazon.com Inc | 股票-循環性消費 | 1.08% | +0.05% | +1.25% | |
| 16 | IWO | Ishares Russell 2000 Growth | ETF-中小型股 | 1.03% | +0.16% | +3.55% | |
| 17 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.99% | -0.02% | +2.04% | |
| 18 | RTX | Rtx CORP | 股票-工業 | 0.98% | -0.12% | +21.89% | |
| 19 | VOO | Vanguard S&p 500 ETF | ETF-大型股與成長 | 0.96% | +0.01% | +5.79% | |
| 20 | CGDV | Cap Group Dividend Value | ETF-其他 | 0.92% | +0.08% | +1.70% | |
| 21 | V | Visa Inc-class A Shares | 股票-金融 | 0.88% | +0.03% | -0.03% | |
| 22 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.84% | — | -0.56% | |
| 23 | IJJ | Ishares S&p Mid-cap 400 Valu | ETF-其他 | 0.83% | +0.04% | +3.51% | |
| 24 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.77% | -0.12% | +29.32% | |
| 25 | ADP | Automatic Data Processing | 股票-科技 | 0.76% | -0.07% | +33.22% | |
| 26 | CMI | Cummins Inc | 股票-工業 | 0.76% | +0.06% | +44.10% | |
| 27 | IVV | Ishares Core S&p 500 ETF | ETF-大型股與成長 | 0.74% | +0.06% | -1.30% | |
| 28 | QUAL | Ishares Msci USA Quality Fac | ETF-其他 | 0.71% | +0.05% | +1.42% | |
| 29 | IJK | Ishares S&p Mid-cap 400 Grow | ETF-其他 | 0.70% | +0.06% | +3.69% | |
| 30 | CB | Chubb Limited | 股票-金融 | 0.69% | -0.08% | +36.78% | |
| 31 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 0.68% | +0.02% | +8.66% | |
| 32 | VYM | Vanguard High Dvd Yield ETF | ETF-其他 | 0.65% | -0.02% | +5.63% | |
| 33 | SPGI | S&p Global Inc | 股票-金融 | 0.62% | -0.06% | +51.35% | |
| 34 | VWO | Vanguard Ftse Emerging Marke | ETF-新興市場 | 0.58% | — | +2.78% | |
| 35 | DFAX | Dimensional World Ex US Core | ETF-其他 | 0.57% | — | -0.01% | |
| 36 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 0.56% | +0.10% | +2.27% | |
| 37 | PRF | Invesco Rafi US 1000 ETF | ETF-其他 | 0.55% | +0.04% | +3.63% | |
| 38 | PFE | Pfizer Inc | 股票-醫療保健 | 0.52% | -0.13% | +58.29% | |
| 39 | BSV | Vanguard Short-term Bond ETF | ETF-其他 | 0.51% | -0.03% | +1.38% | |
| 40 | NEE | Nextera Energy Inc | 股票-公用事業 | 0.49% | -0.07% | +66.77% | |
| 41 | QCOM | Qualcomm Inc | 股票-科技 | 0.49% | +0.04% | +1.57% | |
| 42 | AMGN | Amgen Inc | 股票-醫療保健 | 0.47% | -0.10% | +1.90% | |
| 43 | ACN | Accenture plc | 股票-科技 | 0.46% | -0.15% | +73.68% | |
| 44 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 0.45% | — | +8.53% | |
| 45 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.43% | -0.04% | +3.98% | |
| 46 | LOW | Lowe's Cos Inc | 股票-循環性消費 | 0.41% | -0.05% | +87.40% | |
| 47 | IBM | Intl Business Machines CORP | 股票-科技 | 0.41% | +0.03% | -2.42% | |
| 48 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.41% | +0.03% | +9.76% | |
| 49 | CVX | Chevron CORP | 股票-能源 | 0.41% | -0.16% | +1.83% | |
| 50 | FTHI | Fthi/first Trust Exchange-tr | ETF-其他 | 0.40% | -0.01% | +3.34% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | AVGO | Broadcom Inc | +0.7% | +23.86% | 加碼 |
| 2 | MSFT | Microsoft CORP | +0.6% | +9.02% | 加碼 |
| 3 | SGOV | Ishares 0-3 Month Treasury B | +0.4% | NEW | 新建倉 |
| 4 | VUG | Vanguard Growth ETF | +0.3% | +2.63% | 加碼 |
| 5 | NVDA | Nvidia CORP | +0.3% | +5.24% | 加碼 |
| 6 | TNGY | Tortoise Energy ETF | +0.2% | NEW | 新建倉 |
| 7 | PLD | Prologis Inc | +0.2% | +169.45% | 加碼 |
| 8 | ECL | Ecolab Inc | +0.2% | +125.52% | 加碼 |
| 9 | CMI | Cummins Inc | +0.2% | +44.10% | 加碼 |
| 10 | BIL | Ss Spdr Bb 1-3m T-bill ETF | +0.2% | +5500.15% | 加碼 |
| 11 | SPGI | S&p Global Inc | +0.2% | +51.35% | 加碼 |
| 12 | RTX | Rtx CORP | +0.2% | +21.89% | 加碼 |
| 13 | NEE | Nextera Energy Inc | +0.2% | +66.77% | 加碼 |
| 14 | LOW | Lowe's Cos Inc | +0.2% | +87.40% | 加碼 |
| 15 | ACN | Accenture plc | +0.1% | +73.68% | 加碼 |
| 16 | PFE | Pfizer Inc | +0.1% | +58.29% | 加碼 |
| 17 | COST | Costco Wholesale CORP | +0.1% | +20.30% | 加碼 |
| 18 | ADP | Automatic Data Processing | +0.1% | +33.22% | 加碼 |
| 19 | CB | Chubb Limited | +0.1% | +36.78% | 加碼 |
| 20 | BA | Boeing Co/the | +0.1% | +33.46% | 加碼 |
| 21 | ORCL | Oracle CORP | +0.1% | +24.48% | 加碼 |
| 22 | CGGR | Cap Group Growth Equity | +0.1% | +52.90% | 加碼 |
| 23 | QQQ | Invesco Qqq Trust Series 1 | +0.1% | +8.66% | 加碼 |
| 24 | SHOP | Shopify Inc - Class A | +0.1% | +103.35% | 加碼 |
| 25 | META | Meta Platforms Inc-class A | +0.1% | +3.98% | 加碼 |
| 26 | VLO | Valero Energy CORP | +0.1% | +97.89% | 加碼 |
| 27 | IWF | Ishares Russell 1000 Growth | 0% | +0.30% | 加碼 |
| 28 | GOOG | Alphabet Inc-cl C | 0% | +9.76% | 加碼 |
| 29 | DIS | Walt Disney Co/the | 0% | +5.78% | 加碼 |
| 30 | JNJ | Johnson & Johnson | 0% | +29.32% | 加碼 |
| 31 | AMZN | Amazon.com Inc | 0% | +1.25% | 加碼 |
| 32 | IWO | Ishares Russell 2000 Growth | 0% | +3.55% | 加碼 |
| 33 | VOO | Vanguard S&p 500 ETF | 0% | +5.79% | 加碼 |
| 34 | JPM | Jpmorgan Chase & Co | 0% | -0.56% | 減碼 |
| 35 | GOOGL | Alphabet Inc-cl A | 0% | +2.27% | 加碼 |
| 36 | SPY | Ss Spdr S&p 500 ETF Trust-us | 0% | +8.53% | 加碼 |
| 37 | CGDV | Cap Group Dividend Value | 0% | +1.70% | 加碼 |
| 38 | IJK | Ishares S&p Mid-cap 400 Grow | 0% | +3.69% | 加碼 |
| 39 | VWO | Vanguard Ftse Emerging Marke | 0% | +2.78% | 加碼 |
| 40 | VEA | Vanguard Ftse Developed ETF | 0% | -0.16% | 減碼 |
| 41 | IXUS | Ishares Core Intl Stock ETF | -0.1% | +1.77% | 加碼 |
| 42 | VTI | Vanguard Total Stock Mkt ETF | -0.1% | -0.94% | 減碼 |
| 43 | IWN | Ishares Russell 2000 Value E | -0.1% | +4.39% | 加碼 |
| 44 | IEF | Ishares 7-10 Year Treasury B | -0.1% | -76.32% | 減碼 |
| 45 | FISV | Fiserv Inc | -0.1% | -3.88% | 減碼 |
| 46 | TLT | Ishares 20+ Year Treasury Bd | -0.1% | -93.95% | 減碼 |
| 47 | PEP | Pepsico Inc | -0.1% | -5.56% | 減碼 |
| 48 | BRK-B | Berkshire Hathaway Inc-cl B | -0.2% | +2.04% | 加碼 |
| 49 | AAPL | Apple Inc | -0.5% | +0.16% | 加碼 |
| 50 | VTV | Vanguard Value ETF | -0.6% | +2.40% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，D.a. Davidson & Co. 在 Q2 2025 季度的美股持倉總市值約為 US$180.9億，共申報了 1430 個公開持股部位。
在 Q2 2025 季度，D.a. Davidson & Co. 按市值排列的前三大核心持股分別為：VTV (6.6%)、VUG (5.4%)、IXUS (4.0%)。其中最大持股部位 VTV 佔據整體投資組合約 6.6% 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
SGOV
市值: US$5116.9萬
本季最大獲利了結 / 清倉標的
VEA
前期市值: US$1.8億
在 Q2 2025 季度中，D.a. Davidson & Co. 共進行了 50 項持倉異動，包含新建倉 2 個部位、加碼 41 個部位、減碼 7 個部位以及清倉 0 個部位。 其中最大新建倉標的為 SGOV。
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。