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: 0001694217
申報總市值
US$1303.8億
US$1303.8億
947 檔
16.5%
在 Q1 2025 的 13F 官方備案中，DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 管理的美股投資組合規模來到 US$1303.8億，整體持股檔數為 947 檔。
從 Q1 2025 申報觀察，DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 採取防禦導向的調倉策略，本季減碼 107 檔個股並出清 8 檔部位，顯示機構在該時期進行風險控制與流動性回收。
在資產配置集中度方面，DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 的前 5 大核心持股（包含 AAPL, MSFT, NVDA 等）合計佔整體申報市值的 16.5%，反映機構在主要關鍵部位上的權重分佈。
僅顯示前 200 大持股（共 947 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 | AAPL | Apple Inc | 股票-科技 | 6.66% | -0.11% | +1.86% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 6.14% | -0.56% | -0.84% | |
| 3 | NVDA | Nvidia CORP | 股票-科技 | 5.40% | -0.48% | -13.66% | |
| 4 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 2.97% | -1.00% | +0.99% | |
| 5 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.94% | +0.38% | -20.81% | |
| 6 | JPM | Jpmorgan Chase & Co | 股票-金融 | 2.05% | +0.05% | -30.30% | |
| 7 | BSX | Boston Scientific CORP | 股票-醫療保健 | 2.00% | -0.46% | -20.48% | |
| 8 | LLY | Eli Lilly & Co | 股票-醫療保健 | 1.95% | +0.20% | +14.85% | |
| 9 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 1.88% | +0.15% | -2.21% | |
| 10 | KO | Coca-cola Co/the | 股票-非循環性消費 | 1.56% | +0.03% | +666.96% | |
| 11 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 1.55% | +0.46% | +0.12% | |
| 12 | WFC | Wells Fargo & Co | 股票-金融 | 1.52% | — | -24.24% | |
| 13 | BAC | Bank Of America CORP | 股票-金融 | 1.42% | +0.07% | -22.05% | |
| 14 | V | Visa Inc-class A Shares | 股票-金融 | 1.39% | -0.01% | +11.79% | |
| 15 | SHW | Sherwin-williams Co/the | 股票-原物料 | 1.38% | -0.38% | +11741.53% | |
| 16 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 1.35% | — | +18.80% | |
| 17 | LIN | Linde plc | 股票-原物料 | 1.31% | +0.17% | +8.04% | |
| 18 | CRH | CRH plc | 股票-原物料 | 1.21% | -0.01% | -9.46% | |
| 19 | TMO | Thermo Fisher Scientific Inc | 股票-醫療保健 | 1.18% | -0.21% | +38.34% | |
| 20 | BMY | Bristol-myers Squibb Co | 股票-醫療保健 | 1.17% | -0.02% | +36.91% | |
| 21 | WMT | Walmart Inc | 股票-非循環性消費 | 1.16% | -0.49% | +20.52% | |
| 22 | AXP | American Express Co | 股票-金融 | 1.15% | -0.05% | -12.53% | |
| 23 | PLD | Prologis Inc | 股票-房地產 | 1.10% | -0.19% | -8.55% | |
| 24 | WELL | Welltower Inc | 股票-房地產 | 1.09% | +0.31% | -2.88% | |
| 25 | NOW | Servicenow Inc | 股票-科技 | 1.07% | -0.01% | -34.36% | |
| 26 | NFLX | Netflix Inc | 股票-通訊服務 | 1.07% | -0.05% | -1.66% | |
| 27 | GE | General Electric | 股票-工業 | 1.06% | +0.08% | +9.26% | |
| 28 | PH | Parker Hannifin CORP | 股票-工業 | 1.02% | -0.06% | -25.44% | |
| 29 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.97% | -0.29% | +493.69% | |
| 30 | MA | Mastercard Inc - A | 股票-金融 | 0.91% | +0.50% | +106.78% | |
| 31 | GEV | GE Vernova Inc | 股票-工業 | 0.89% | +0.08% | -52.85% | |
| 32 | CP | Canadian Pacific Kansas City | 股票-工業 | 0.87% | -0.04% | -11.06% | |
| 33 | PGR | Progressive CORP | 股票-金融 | 0.79% | — | +215.26% | |
| 34 | UBS | UBS Group AG | 股票-金融 | 0.76% | +0.05% | -21.37% | |
| 35 | ABT | Abbott Laboratories | 股票-醫療保健 | 0.74% | — | +341.72% | |
| 36 | TJX | Tjx Companies Inc | 股票-循環性消費 | 0.72% | -0.14% | +32.46% | |
| 37 | AVGO | Broadcom Inc | 股票-科技 | 0.72% | -0.17% | -68.75% | |
| 38 | ECL | Ecolab Inc | 股票-原物料 | 0.72% | -0.06% | +47.93% | |
| 39 | T | At&t Inc | 股票-通訊服務 | 0.71% | -0.07% | +1022.50% | |
| 40 | CRM | Salesforce Inc | 股票-科技 | 0.69% | -0.01% | -46.22% | |
| 41 | AON | Aon plc | 股票-金融 | 0.66% | -0.27% | -1.21% | |
| 42 | EMR | Emerson Electric Co | 股票-工業 | 0.64% | +0.01% | +71.60% | |
| 43 | FTNT | Fortinet Inc | 股票-科技 | 0.63% | — | +29323.25% | |
| 44 | RCL | Royal Caribbean Cruises Ltd. | 股票-循環性消費 | 0.63% | -0.07% | +2.65% | |
| 45 | ARM | Arm Holdings Plc-adr | 股票-科技 | 0.62% | +0.45% | +41.64% | |
| 46 | DE | Deere & Co | 股票-工業 | 0.61% | +0.01% | +1314.91% | |
| 47 | TPR | Tapestry Inc | 股票-循環性消費 | 0.61% | — | +2595.16% | |
| 48 | MMM | 3m Co | 股票-工業 | 0.57% | -0.01% | +2628.10% | |
| 49 | AZO | Autozone Inc | 股票-循環性消費 | 0.56% | -0.11% | -1.28% | |
| 50 | DHI | Dr Horton Inc | 股票-循環性消費 | 0.56% | — | +3.49% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | WFC | Wells Fargo & Co | +1.5% | -24.24% | 加碼 |
| 2 | KO | Coca-cola Co/the | +1.4% | +666.96% | 加碼 |
| 3 | BKNG | Booking Holdings Inc | +1.3% | +18.80% | 加碼 |
| 4 | V | Visa Inc-class A Shares | +1.2% | +11.79% | 加碼 |
| 5 | SHW | Sherwin-williams Co/the | +1.2% | +11741.53% | 加碼 |
| 6 | BMY | Bristol-myers Squibb Co | +1.1% | +36.91% | 加碼 |
| 7 | AXP | American Express Co | +0.9% | -12.53% | 加碼 |
| 8 | JNJ | Johnson & Johnson | +0.8% | +493.69% | 加碼 |
| 9 | META | Meta Platforms Inc-class A | +0.8% | +0.99% | 加碼 |
| 10 | MA | Mastercard Inc - A | +0.7% | +106.78% | 加碼 |
| 11 | T | At&t Inc | +0.7% | +1022.50% | 加碼 |
| 12 | WMT | Walmart Inc | +0.6% | +20.52% | 加碼 |
| 13 | FTNT | Fortinet Inc | +0.6% | +29323.25% | 加碼 |
| 14 | EMR | Emerson Electric Co | +0.6% | +71.60% | 加碼 |
| 15 | ABT | Abbott Laboratories | +0.6% | +341.72% | 加碼 |
| 16 | PGR | Progressive CORP | +0.6% | +215.26% | 加碼 |
| 17 | CRM | Salesforce Inc | +0.6% | -46.22% | 加碼 |
| 18 | MMM | 3m Co | +0.6% | +2628.10% | 加碼 |
| 19 | DE | Deere & Co | +0.6% | +1314.91% | 加碼 |
| 20 | DIS | Walt Disney Co/the | +0.5% | -20.99% | 加碼 |
| 21 | UBS | UBS Group AG | +0.4% | -21.37% | 加碼 |
| 22 | MCK | Mckesson CORP | +0.4% | +1252.14% | 加碼 |
| 23 | CVX | Chevron CORP | +0.4% | +461.10% | 加碼 |
| 24 | NFLX | Netflix Inc | +0.4% | -1.66% | 加碼 |
| 25 | ADI | Analog Devices Inc | +0.4% | +2085.94% | 加碼 |
| 26 | CMG | Chipotle Mexican Grill Inc | +0.4% | -17.95% | 加碼 |
| 27 | PM | Philip Morris International | +0.4% | +167.52% | 加碼 |
| 28 | JPM | Jpmorgan Chase & Co | +0.4% | -30.30% | 減碼 |
| 29 | ODFL | Old Dominion Freight Line | +0.4% | +392.09% | 加碼 |
| 30 | EW | Edwards Lifesciences CORP | +0.4% | +5595.54% | 加碼 |
| 31 | XYZ | Block Inc | +0.3% | +8080.48% | 加碼 |
| 32 | TJX | Tjx Companies Inc | +0.3% | +32.46% | 加碼 |
| 33 | MCD | Mcdonald's CORP | +0.3% | +195.54% | 加碼 |
| 34 | ECL | Ecolab Inc | +0.3% | +47.93% | 加碼 |
| 35 | AEM | Agnico Eagle Mines LTD | +0.3% | +264.51% | 加碼 |
| 36 | CME | Cme Group Inc | +0.3% | +160.53% | 加碼 |
| 37 | WELL | Welltower Inc | +0.3% | -2.88% | 加碼 |
| 38 | AAPL | Apple Inc | +0.3% | +1.86% | 減碼 |
| 39 | TMUS | T-mobile US Inc | +0.3% | +25.19% | 加碼 |
| 40 | RCL | Royal Caribbean Cruises Ltd. | +0.3% | +2.65% | 加碼 |
| 41 | BAC | Bank Of America CORP | +0.3% | -22.05% | 加碼 |
| 42 | HON | Honeywell International Inc | +0.3% | -0.16% | 加碼 |
| 43 | AON | Aon plc | +0.3% | -1.21% | 加碼 |
| 44 | LIN | Linde plc | +0.2% | +8.04% | 加碼 |
| 45 | BSX | Boston Scientific CORP | +0.2% | -20.48% | 減碼 |
| 46 | TCOM | Trip.com Group Ltd-adr | +0.2% | -0.44% | 加碼 |
| 47 | AJG | Arthur J Gallagher & Co | +0.2% | +91.32% | 加碼 |
| 48 | DB | Deutsche Bank Aktiengesellschaft | +0.2% | +23.40% | 加碼 |
| 49 | CSCO | Cisco Systems Inc | +0.2% | +43.15% | 加碼 |
| 50 | MRSH | Marsh & Mclennan Cos | +0.1% | -5.87% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 在 Q1 2025 季度的美股持倉總市值約為 US$1303.8億，共申報了 947 個公開持股部位。
在 Q1 2025 季度，DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 按市值排列的前三大核心持股分別為：AAPL (6.7%)、MSFT (6.1%)、NVDA (5.4%)。其中最大持股部位 AAPL 佔據整體投資組合約 6.7% 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
TPR
市值: US$5.4億
本季最大獲利了結 / 清倉標的
ANETEUR
前期市值: US$5.2億
在 Q1 2025 季度中，DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 共進行了 200 項持倉異動，包含新建倉 10 個部位、加碼 75 個部位、減碼 107 個部位以及清倉 8 個部位。 其中最大新建倉標的為 TPR。 本季清倉部位包含 ANETEUR。
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。