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: 0000937729
申報總市值
US$425.4億
US$425.4億
305 檔
31.7%
根據最新整理的 13F 季度數據集，Fayez Sarofim & Co 於 Q3 2025 結束時的管理資產規模為 US$425.4億。該機構在本季度申報了 305 檔美股持倉，呈現出該時期的主要投資地圖。
在 Q3 2025，Fayez Sarofim & Co 展現出較為審慎的避險與獲利了結姿態。本季共減碼 103 個部位並完全清倉 16 檔持股，調降曝險的部位數量高於加碼動作。
檢視投資組合結構，前 5 大主力部位（包含 MSFT, AAPL, GOOG）占據了總市值的 31.7%，展現出該機構在 Q3 2025 的重點資金聚焦與風險分佈特徵。
僅顯示前 200 大持股（共 305 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 | 9.45% | -0.04% | -0.36% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 9.11% | +0.53% | -2.34% | |
| 3 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 4.33% | +0.79% | +0.80% | |
| 4 | AMZN | Amazon.com Inc | 股票-循環性消費 | 4.18% | +0.36% | +0.52% | |
| 5 | PM | Philip Morris International | 股票-非循環性消費 | 4.17% | +0.10% | +3.83% | |
| 6 | NVDA | Nvidia CORP | 股票-科技 | 3.61% | +0.34% | +11.32% | |
| 7 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 3.30% | -0.20% | +8.92% | |
| 8 | JPM | Jpmorgan Chase & Co | 股票-金融 | 2.56% | +0.11% | -0.77% | |
| 9 | CVX | Chevron CORP | 股票-能源 | 2.55% | -0.81% | +21.61% | |
| 10 | KO | Coca-cola Co/the | 股票-非循環性消費 | 2.55% | -0.03% | -1.77% | |
| 11 | V | Visa Inc-class A Shares | 股票-金融 | 2.43% | +0.08% | -0.46% | |
| 12 | XOM | Exxon Mobil CORP | 股票-能源 | 2.42% | -0.98% | -1.04% | |
| 13 | MCD | Mcdonald's CORP | 股票-循環性消費 | 1.95% | -0.40% | +0.24% | |
| 14 | TXN | Texas Instruments Inc | 股票-科技 | 1.76% | +0.33% | -8.52% | |
| 15 | BLK | Blackrock Inc | 股票-金融 | 1.73% | -0.16% | -0.07% | |
| 16 | SPGI | S&p Global Inc | 股票-金融 | 1.71% | -0.19% | +0.46% | |
| 17 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 1.61% | -0.16% | -2.00% | |
| 18 | ASML | ASML Holding N.V. | 股票-科技 | 1.61% | +0.49% | +1.81% | |
| 19 | MA | Mastercard Inc - A | 股票-金融 | 1.54% | -0.09% | +0.60% | |
| 20 | INTU | Intuit Inc | 股票-科技 | 1.47% | -0.77% | +2.97% | |
| 21 | ABT | Abbott Laboratories | 股票-醫療保健 | 1.41% | -0.42% | -0.14% | |
| 22 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 1.34% | +0.66% | +1.62% | |
| 23 | PGR | Progressive CORP | 股票-金融 | 1.27% | -0.02% | +7.42% | |
| 24 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 1.27% | +0.43% | +40.74% | |
| 25 | EPD | Enterprise Products Partners | 股票-能源 | 1.25% | -0.19% | -1.85% | |
| 26 | ISRG | Intuitive Surgical Inc | 股票-醫療保健 | 1.22% | -0.55% | +5.43% | |
| 27 | TROW | T Rowe Price Group Inc | 股票-金融 | 1.20% | +0.03% | -3.88% | |
| 28 | ABBV | Abbvie Inc | 股票-醫療保健 | 1.16% | +0.17% | -0.22% | |
| 29 | ETN | Eaton Corporation plc | 股票-工業 | 1.10% | +0.12% | +3.36% | |
| 30 | NVO | Novo-nordisk A/s-spons Adr | 股票-醫療保健 | 0.95% | +0.01% | -29.99% | |
| 31 | ADP | Automatic Data Processing | 股票-科技 | 0.92% | -0.02% | +1.15% | |
| 32 | CP | Canadian Pacific Kansas City | 股票-工業 | 0.84% | -0.09% | +1.95% | |
| 33 | MO | Altria Group Inc | 股票-非循環性消費 | 0.82% | -0.05% | -1.82% | |
| 34 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.81% | -0.04% | -0.49% | |
| 35 | NOW | Servicenow Inc | 股票-科技 | 0.79% | -0.09% | +8.25% | |
| 36 | ICE | Intercontinental Exchange In | 股票-金融 | 0.79% | -0.22% | -0.56% | |
| 37 | CME | Cme Group Inc | 股票-金融 | 0.78% | -0.29% | +0.63% | |
| 38 | UNP | Union Pacific CORP | 股票-工業 | 0.77% | +0.03% | -16.25% | |
| 39 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.77% | +0.20% | +2.47% | |
| 40 | CB | Chubb Limited | 股票-金融 | 0.76% | -0.08% | -0.93% | |
| 41 | AZNN | Astrazeneca Plc-spons Adr | 股票-其他 | 0.69% | +0.08% | NEW | |
| 42 | BRK-A | Berkshire Hathaway Inc-cl A | 股票-其他 | 0.68% | +0.19% | -1.28% | |
| 43 | HD | Home Depot Inc | 股票-循環性消費 | 0.67% | +0.01% | +3.48% | |
| 44 | MS | Morgan Stanley | 股票-金融 | 0.66% | +0.08% | -2.18% | |
| 45 | MAR | Marriott International -cl A | 股票-循環性消費 | 0.59% | — | +0.47% | |
| 46 | SHW | Sherwin-williams Co/the | 股票-原物料 | 0.54% | -0.04% | +0.60% | |
| 47 | BNY | Bank Of New York Mellon CORP | 股票-金融 | 0.54% | +0.01% | -2.33% | |
| 48 | MDLZ | Mondelez International Inc-a | 股票-非循環性消費 | 0.52% | -0.03% | -4.63% | |
| 49 | PEP | Pepsico Inc | 股票-非循環性消費 | 0.51% | -0.11% | -29.55% | |
| 50 | BX | Blackstone Inc | 股票-金融 | 0.50% | +0.18% | +1.94% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | MSFT | Microsoft CORP | +1.9% | -0.36% | 減碼 |
| 2 | NVDA | Nvidia CORP | +1.8% | +11.32% | 加碼 |
| 3 | GOOG | Alphabet Inc-cl C | +1.3% | +0.80% | 減碼 |
| 4 | META | Meta Platforms Inc-class A | +1.2% | +8.92% | 加碼 |
| 5 | TSM | Taiwan Semiconductor-sp Adr | +0.5% | +1.62% | 加碼 |
| 6 | ASML | ASML Holding N.V. | +0.4% | +1.81% | 加碼 |
| 7 | ETN | Eaton Corporation plc | +0.4% | +3.36% | 加碼 |
| 8 | JPM | Jpmorgan Chase & Co | +0.3% | -0.77% | 減碼 |
| 9 | AMZN | Amazon.com Inc | +0.3% | +0.52% | 減碼 |
| 10 | PM | Philip Morris International | +0.3% | +3.83% | 加碼 |
| 11 | BLK | Blackrock Inc | +0.2% | -0.07% | 減碼 |
| 12 | NOW | Servicenow Inc | +0.1% | +8.25% | 加碼 |
| 13 | BX | Blackstone Inc | +0.1% | +1.94% | 加碼 |
| 14 | INTU | Intuit Inc | +0.1% | +2.97% | 加碼 |
| 15 | MS | Morgan Stanley | +0.1% | -2.18% | 減碼 |
| 16 | HD | Home Depot Inc | +0.1% | +3.48% | 加碼 |
| 17 | BNY | Bank Of New York Mellon CORP | 0% | -2.33% | 減碼 |
| 18 | RTX | Rtx CORP | 0% | -0.49% | 加碼 |
| 19 | CVX | Chevron CORP | 0% | +21.61% | 加碼 |
| 20 | ABBV | Abbvie Inc | 0% | -0.22% | 減碼 |
| 21 | CW | Curtiss-wright CORP | 0% | — | 減碼 |
| 22 | ORCL | Oracle CORP | 0% | -0.00% | 加碼 |
| 23 | CAT | Caterpillar Inc | 0% | -0.07% | 加碼 |
| 24 | DE | Deere & Co | 0% | +8.94% | 加碼 |
| 25 | WMT | Walmart Inc | 0% | -2.73% | 減碼 |
| 26 | AXP | American Express Co | 0% | -0.29% | 減碼 |
| 27 | PLD | Prologis Inc | 0% | +13.29% | 加碼 |
| 28 | AVGO | Broadcom Inc | 0% | -3.29% | 減碼 |
| 29 | GOOGL | Alphabet Inc-cl A | 0% | +0.65% | 加碼 |
| 30 | DUK | Duke Energy CORP | 0% | +1.31% | 加碼 |
| 31 | BKCG | Bny Mellon Con Growth ETF | 0% | — | 減碼 |
| 32 | AZNN | Astrazeneca Plc-spons Adr | 0% | +3.97% | 加碼 |
| 33 | CSGP | Costar Group Inc | 0% | +0.82% | 加碼 |
| 34 | EL | Estee Lauder Companies-cl A | 0% | -1.10% | 減碼 |
| 35 | DIS | Walt Disney Co/the | 0% | -2.42% | 減碼 |
| 36 | SBUX | Starbucks CORP | 0% | -0.88% | 加碼 |
| 37 | QQQ | Invesco Qqq Trust Series 1 | 0% | -0.54% | 減碼 |
| 38 | LRCX | Lam Research CORP | 0% | +0.16% | 加碼 |
| 39 | APH | Amphenol Corp-cl A | 0% | — | 減碼 |
| 40 | TSLA | Tesla Inc | 0% | — | 不變 |
| 41 | GS | Goldman Sachs Group Inc | 0% | +0.45% | 加碼 |
| 42 | GE | General Electric | 0% | -0.76% | 減碼 |
| 43 | JNJ | Johnson & Johnson | — | -0.69% | 減碼 |
| 44 | TDY | Teledyne Technologies Inc | — | +1.25% | 減碼 |
| 45 | AMGN | Amgen Inc | — | -0.65% | 加碼 |
| 46 | OKE | Oneok Inc | — | -3.19% | 減碼 |
| 47 | PSX | Phillips 66 | — | -1.23% | 減碼 |
| 48 | ROK | Rockwell Automation Inc | — | — | 加碼 |
| 49 | INTC | Intel CORP | — | -5.26% | 減碼 |
| 50 | LMT | Lockheed Martin CORP | — | -4.48% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Fayez Sarofim & Co 在 Q3 2025 季度的美股持倉總市值約為 US$425.4億，共申報了 305 個公開持股部位。
在 Q3 2025 季度，Fayez Sarofim & Co 按市值排列的前三大核心持股分別為：MSFT (9.4%)、AAPL (9.1%)、GOOG (4.3%)。其中最大持股部位 MSFT 佔據整體投資組合約 9.4% 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
SAP
市值: US$1327.3萬
本季最大獲利了結 / 清倉標的
HES
前期市值: US$2.1億
在 Q3 2025 季度中，Fayez Sarofim & Co 共進行了 185 項持倉異動，包含新建倉 10 個部位、加碼 56 個部位、減碼 103 個部位以及清倉 16 個部位。 其中最大新建倉標的為 SAP。 本季清倉部位包含 HES。
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。