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: 0001780570
申報總市值
US$80.2億
US$80.2億
1214 檔
15.6%
在 Q2 2025 申報期間，Ethic Inc.（CIK: 0001780570）向美國 SEC 提交的 Form 13F 報告顯示，其追蹤之股票投資組合總市值達 US$80.2億，共持有 1214 個公開申報部位。
Ethic Inc. 於 Q2 2025 展現出進攻型調倉步調，本季推動了 6 檔股票的新建倉與 129 檔既有部位加碼，整體資金傾向擴大在美股市場的曝險佈局。
在資產配置集中度方面，Ethic Inc. 的前 5 大核心持股（包含 NVDA, MSFT, AAPL 等）合計佔整體申報市值的 15.6%，反映機構在主要關鍵部位上的權重分佈。
本季最大新建倉標的
CIB
市值: US$328.9萬
本季最大獲利了結 / 清倉標的
DFSEUR
前期市值: US$484.3萬
僅顯示前 200 大持股（共 1214 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 | NVDA | Nvidia CORP | 股票-科技 | 6.36% | -0.11% | +4.49% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 6.08% | -0.46% | +6.73% | |
| 3 | AAPL | Apple Inc | 股票-科技 | 5.02% | -0.11% | +2.07% | |
| 4 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.97% | -0.03% | +3.69% | |
| 5 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 2.01% | -0.25% | +5.80% | |
| 6 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 1.88% | -2.59% | +9.74% | |
| 7 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 1.59% | +2.84% | NEW | |
| 8 | AVGO | Broadcom Inc | 股票-科技 | 1.59% | +0.16% | +1.62% | |
| 9 | NFLX | Netflix Inc | 股票-通訊服務 | 1.07% | -0.30% | +28.36% | |
| 10 | V | Visa Inc-class A Shares | 股票-金融 | 1.07% | — | +5.67% | |
| 11 | LLY | Eli Lilly & Co | 股票-醫療保健 | 1.06% | +0.14% | +0.16% | |
| 12 | TSLA | Tesla Inc | 股票-循環性消費 | 0.91% | -0.02% | +5.88% | |
| 13 | MA | Mastercard Inc - A | 股票-金融 | 0.88% | -0.09% | -2.08% | |
| 14 | ORCL | Oracle CORP | 股票-科技 | 0.74% | -0.07% | +5.29% | |
| 15 | HD | Home Depot Inc | 股票-循環性消費 | 0.68% | -0.05% | +3.14% | |
| 16 | IBM | Intl Business Machines CORP | 股票-科技 | 0.68% | -0.02% | +2.55% | |
| 17 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.60% | -0.01% | +5.12% | |
| 18 | CSCO | Cisco Systems Inc | 股票-科技 | 0.59% | +0.17% | +7.89% | |
| 19 | T | At&t Inc | 股票-通訊服務 | 0.57% | -0.19% | +4.30% | |
| 20 | ABT | Abbott Laboratories | 股票-醫療保健 | 0.56% | -0.07% | +6.76% | |
| 21 | BSX | Boston Scientific CORP | 股票-醫療保健 | 0.51% | -0.11% | -0.20% | |
| 22 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 0.51% | +0.14% | +0.04% | |
| 23 | CRM | Salesforce Inc | 股票-科技 | 0.50% | -0.13% | -1.75% | |
| 24 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 0.48% | -0.04% | -3.33% | |
| 25 | SPGI | S&p Global Inc | 股票-金融 | 0.48% | -0.06% | +1.29% | |
| 26 | NOW | Servicenow Inc | 股票-科技 | 0.47% | -0.04% | +1.58% | |
| 27 | MS | Morgan Stanley | 股票-金融 | 0.46% | +0.01% | +9.12% | |
| 28 | AXP | American Express Co | 股票-金融 | 0.46% | -0.03% | +2.02% | |
| 29 | DIS | Walt Disney Co/the | 股票-通訊服務 | 0.44% | -0.05% | +3.03% | |
| 30 | INTU | Intuit Inc | 股票-科技 | 0.44% | -0.11% | +7.04% | |
| 31 | VZ | Verizon Communications Inc | 股票-通訊服務 | 0.43% | -0.12% | +1.58% | |
| 32 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.43% | -0.05% | +2.73% | |
| 33 | ADP | Automatic Data Processing | 股票-科技 | 0.41% | +0.01% | +1.43% | |
| 34 | CAT | Caterpillar Inc | 股票-工業 | 0.40% | +0.18% | +3.84% | |
| 35 | AMAT | Applied Materials Inc | 股票-科技 | 0.39% | +0.45% | +4.27% | |
| 36 | SYK | Stryker CORP | 股票-醫療保健 | 0.39% | -0.06% | +5.76% | |
| 37 | TMUS | T-mobile US Inc | 股票-通訊服務 | 0.38% | -0.08% | -1.56% | |
| 38 | UBER | Uber Technologies Inc | 股票-工業 | 0.37% | +0.21% | NEW | |
| 39 | VOTE | Tcw Transform 500 ETF | ETF-其他 | 0.36% | -0.20% | +41.39% | |
| 40 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.36% | -0.05% | -3.61% | |
| 41 | TJX | Tjx Companies Inc | 股票-循環性消費 | 0.35% | -0.08% | -10.32% | |
| 42 | PGR | Progressive CORP | 股票-金融 | 0.34% | — | -7.38% | |
| 43 | SAP | Sap Se-sponsored Adr | 股票-科技 | 0.34% | -0.05% | -5.03% | |
| 44 | FISV | Fiserv Inc | 股票-其他 | 0.34% | -0.02% | +3.62% | |
| 45 | QCOM | Qualcomm Inc | 股票-科技 | 0.33% | +0.05% | -1.15% | |
| 46 | PFE | Pfizer Inc | 股票-醫療保健 | 0.33% | -0.09% | +18.77% | |
| 47 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.33% | -0.01% | +0.75% | |
| 48 | LRCX | Lam Research CORP | 股票-科技 | 0.33% | +0.36% | +1.97% | |
| 49 | TXN | Texas Instruments Inc | 股票-科技 | 0.33% | +0.10% | +4.73% | |
| 50 | ACN | Accenture plc | 股票-科技 | 0.30% | -0.07% | -11.42% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | +1.6% | +4.49% | 加碼 |
| 2 | MSFT | Microsoft CORP | +1.1% | +6.73% | 加碼 |
| 3 | AVGO | Broadcom Inc | +0.5% | +1.62% | 加碼 |
| 4 | NFLX | Netflix Inc | +0.4% | +28.36% | 加碼 |
| 5 | META | Meta Platforms Inc-class A | +0.3% | +5.80% | 加碼 |
| 6 | SPY | Ss Spdr S&p 500 ETF Trust-us | +0.2% | +1169.64% | 加碼 |
| 7 | ORCL | Oracle CORP | +0.2% | +5.29% | 加碼 |
| 8 | AMZN | Amazon.com Inc | +0.2% | +3.69% | 加碼 |
| 9 | GEV | GE Vernova Inc | +0.2% | +80.14% | 加碼 |
| 10 | GOOG | Alphabet Inc-cl C | +0.2% | +9.74% | 加碼 |
| 11 | COF | Capital One Financial CORP | +0.2% | +115.28% | 加碼 |
| 12 | AWK | American Water Works Co Inc | +0.1% | +373.77% | 加碼 |
| 13 | TSLA | Tesla Inc | +0.1% | +5.88% | 加碼 |
| 14 | VOTE | Tcw Transform 500 ETF | +0.1% | +41.39% | 加碼 |
| 15 | GS | Goldman Sachs Group Inc | +0.1% | +5.12% | 加碼 |
| 16 | PLTR | Palantir Technologies Inc-a | +0.1% | +16.22% | 加碼 |
| 17 | INTU | Intuit Inc | +0.1% | +7.04% | 加碼 |
| 18 | SPOT | Spotify Technology S.A. | +0.1% | +5.26% | 加碼 |
| 19 | AMD | Advanced Micro Devices | +0.1% | +22.72% | 加碼 |
| 20 | DASH | Doordash Inc - A | +0.1% | +23.96% | 加碼 |
| 21 | REGN | Regeneron Pharmaceuticals | +0.1% | +137.92% | 加碼 |
| 22 | COIN | Coinbase Global Inc -class A | +0.1% | +67.57% | 加碼 |
| 23 | RBLX | Roblox CORP -class A | +0.1% | +368.35% | 加碼 |
| 24 | MS | Morgan Stanley | +0.1% | +9.12% | 加碼 |
| 25 | NOW | Servicenow Inc | +0.1% | +1.58% | 加碼 |
| 26 | DIS | Walt Disney Co/the | +0.1% | +3.03% | 加碼 |
| 27 | LRCX | Lam Research CORP | +0.1% | +1.97% | 加碼 |
| 28 | MCHP | Microchip Technology Inc | +0.1% | +63.28% | 加碼 |
| 29 | CIB | Grupo Cibest Sa-adr | +0.1% | NEW | 新建倉 |
| 30 | NUE | Nucor CORP | +0.1% | +160.21% | 加碼 |
| 31 | AMAT | Applied Materials Inc | +0.1% | +4.27% | 加碼 |
| 32 | TSM | Taiwan Semiconductor-sp Adr | +0.1% | +2.22% | 加碼 |
| 33 | ETN | Eaton Corporation plc | +0.1% | +7.83% | 加碼 |
| 34 | PWR | Quanta Services Inc | +0.1% | +0.15% | 加碼 |
| 35 | CRWD | Crowdstrike Holdings Inc - A | +0.1% | +6.89% | 加碼 |
| 36 | APH | Amphenol Corp-cl A | +0.1% | +1.33% | 加碼 |
| 37 | NET | Cloudflare Inc - Class A | +0.1% | +13.41% | 加碼 |
| 38 | MPWR | Monolithic Power Systems Inc | +0.1% | +89.49% | 加碼 |
| 39 | CSCO | Cisco Systems Inc | 0% | +7.89% | 加碼 |
| 40 | UBER | Uber Technologies Inc | 0% | +3.34% | 加碼 |
| 41 | KLAC | Kla CORP | 0% | +4.10% | 加碼 |
| 42 | SCHW | Schwab (charles) CORP | 0% | +11.45% | 加碼 |
| 43 | CEG | Constellation Energy | 0% | +19.76% | 加碼 |
| 44 | VRT | Vertiv Holdings Co-a | 0% | +13.76% | 加碼 |
| 45 | TT | Trane Technologies plc | 0% | +6.64% | 加碼 |
| 46 | FITB | Fifth Third Bancorp | 0% | +72.20% | 加碼 |
| 47 | DLTR | Dollar Tree Inc | 0% | +39.30% | 加碼 |
| 48 | AXON | Axon Enterprise Inc | 0% | +90.78% | 加碼 |
| 49 | HOOD | Robinhood Markets Inc - A | 0% | +20.45% | 加碼 |
| 50 | DG | Dollar General CORP | 0% | +127.21% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Ethic Inc. 在 Q2 2025 季度的美股持倉總市值約為 US$80.2億，共申報了 1214 個公開持股部位。
在 Q2 2025 季度，Ethic Inc. 按市值排列的前三大核心持股分別為：NVDA (6.4%)、MSFT (6.1%)、AAPL (5.0%)。其中最大持股部位 NVDA 佔據整體投資組合約 6.4% 的權重。
在 Q2 2025 季度中，Ethic Inc. 共進行了 200 項持倉異動，包含新建倉 6 個部位、加碼 129 個部位、減碼 58 個部位以及清倉 7 個部位。 其中最大新建倉標的為 CIB。 本季清倉部位包含 DFSEUR。
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。
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。
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。