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: 0001056288
申報總市值
US$695.5億
US$695.5億
2063 檔
9.2%
Federated Hermes, Inc. 在 Q4 2025 季度的美股部位總計估值為 US$695.5億，分散於 2063 個持倉標的之中，反映其市場參與廣度與投資規模。
Federated Hermes, Inc. 於 Q4 2025 展現出進攻型調倉步調，本季推動了 4 檔股票的新建倉與 111 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。
從部位權重觀察，前 5 大標的（包含 NVDA, MSFT, GOOGL）累計市值佔比達 9.2%，是驅動 Federated Hermes, Inc. 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 2063 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 | 2.49% | +0.13% | +3.51% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 2.46% | -0.40% | +12.25% | |
| 3 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 2.37% | -0.33% | +6.03% | |
| 4 | AAPL | Apple Inc | 股票-科技 | 1.85% | +0.65% | +15.55% | |
| 5 | AMZN | Amazon.com Inc | 股票-循環性消費 | 1.53% | -0.01% | -1.09% | |
| 6 | ABBV | Abbvie Inc | 股票-醫療保健 | 1.45% | +0.20% | -5.66% | |
| 7 | AVGO | Broadcom Inc | 股票-科技 | 1.26% | -0.18% | +2.46% | |
| 8 | PM | Philip Morris International | 股票-非循環性消費 | 1.03% | -0.17% | +35.75% | |
| 9 | VIK | Viking Holdings Ltd | 股票-循環性消費 | 1.03% | +0.21% | +1.62% | |
| 10 | PNC | Pnc Financial Services Group | 股票-金融 | 1.03% | -0.17% | +2.58% | |
| 11 | USB | US Bancorp | 股票-金融 | 1.02% | +0.05% | +2.96% | |
| 12 | AMGN | Amgen Inc | 股票-醫療保健 | 0.98% | +0.06% | -13.80% | |
| 13 | XOM | Exxon Mobil CORP | 股票-能源 | 0.96% | -0.33% | +1.35% | |
| 14 | PLD | Prologis Inc | 股票-房地產 | 0.94% | -0.07% | +3.06% | |
| 15 | TFC | Truist Financial CORP | 股票-金融 | 0.87% | -0.48% | +1.13% | |
| 16 | PFE | Pfizer Inc | 股票-醫療保健 | 0.84% | -0.26% | +8.82% | |
| 17 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.84% | +0.12% | -29.71% | |
| 18 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.84% | -0.10% | +20.46% | |
| 19 | AMP | Ameriprise Financial Inc | 股票-金融 | 0.80% | -0.09% | +0.72% | |
| 20 | CVX | Chevron CORP | 股票-能源 | 0.78% | -0.61% | -4.52% | |
| 21 | VZ | Verizon Communications Inc | 股票-通訊服務 | 0.76% | -0.27% | -22.45% | |
| 22 | DUK | Duke Energy CORP | 股票-公用事業 | 0.71% | -0.12% | +4.25% | |
| 23 | GEV | GE Vernova Inc | 股票-工業 | 0.70% | +0.19% | -16.57% | |
| 24 | BNY | Bank Of New York Mellon CORP | 股票-金融 | 0.66% | +0.04% | +101.91% | |
| 25 | FE | Firstenergy CORP | 股票-公用事業 | 0.64% | -0.13% | -0.47% | |
| 26 | PEP | Pepsico Inc | 股票-非循環性消費 | 0.64% | -0.08% | +2.12% | |
| 27 | AMCR | Amcor plc | 股票-循環性消費 | 0.60% | — | +9.74% | |
| 28 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.57% | +0.11% | +157.52% | |
| 29 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.56% | -0.19% | +4.74% | |
| 30 | DECK | Deckers Outdoor CORP | 股票-循環性消費 | 0.55% | -0.03% | +374.08% | |
| 31 | AEP | American Electric Power | 股票-公用事業 | 0.54% | -0.04% | -26.32% | |
| 32 | GILD | Gilead Sciences Inc | 股票-醫療保健 | 0.54% | -0.02% | -0.99% | |
| 33 | VLTO | Veralto CORP | 股票-工業 | 0.54% | -0.19% | +9.11% | |
| 34 | HWM | Howmet Aerospace Inc | 股票-工業 | 0.53% | -0.24% | +45.48% | |
| 35 | ADBE | Adobe Inc | 股票-科技 | 0.52% | -0.01% | -0.71% | |
| 36 | GE | General Electric | 股票-工業 | 0.51% | +0.39% | +28.97% | |
| 37 | TER | Teradyne Inc | 股票-科技 | 0.50% | -0.29% | -5.91% | |
| 38 | FIX | Comfort Systems USA Inc | 股票-工業 | 0.50% | +0.37% | -2.10% | |
| 39 | FISV | Fiserv Inc | 股票-其他 | 0.49% | -0.09% | +51127.81% | |
| 40 | V | Visa Inc-class A Shares | 股票-金融 | 0.49% | -0.14% | +0.93% | |
| 41 | FIVE | Five Below | 股票-循環性消費 | 0.47% | -0.23% | +3.13% | |
| 42 | TRV | Travelers Cos Inc/the | 股票-金融 | 0.47% | — | +30.19% | |
| 43 | PWR | Quanta Services Inc | 股票-工業 | 0.47% | +0.23% | -1.40% | |
| 44 | PPL | Ppl CORP | 股票-公用事業 | 0.47% | -0.01% | -0.19% | |
| 45 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 0.47% | -0.28% | +19.99% | |
| 46 | EVRG | Evergy Inc | 股票-公用事業 | 0.46% | -0.03% | +1.56% | |
| 47 | ZS | Zscaler Inc | 股票-科技 | 0.45% | -0.03% | EXIT | |
| 48 | XEL | Xcel Energy Inc | 股票-公用事業 | 0.45% | -0.10% | -2.88% | |
| 49 | PAYX | Paychex Inc | 股票-科技 | 0.45% | -0.05% | +4141.15% | |
| 50 | TSLA | Tesla Inc | 股票-循環性消費 | 0.45% | +0.25% | +79.59% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | GOOGL | Alphabet Inc-cl A | +0.5% | +6.03% | 加碼 |
| 2 | FISV | Fiserv Inc | +0.5% | +51127.81% | 加碼 |
| 3 | PAYX | Paychex Inc | +0.4% | +4141.15% | 加碼 |
| 4 | DECK | Deckers Outdoor CORP | +0.4% | +374.08% | 加碼 |
| 5 | LLY | Eli Lilly & Co | +0.4% | +157.52% | 加碼 |
| 6 | MRK | Merck & Co. Inc. | +0.4% | +590.90% | 加碼 |
| 7 | TXN | Texas Instruments Inc | +0.4% | +2713.68% | 加碼 |
| 8 | BNY | Bank Of New York Mellon CORP | +0.3% | +101.91% | 加碼 |
| 9 | AAPL | Apple Inc | +0.3% | +15.55% | 加碼 |
| 10 | TTD | Trade Desk Inc/the -class A | +0.3% | +1041.09% | 加碼 |
| 11 | CME | Cme Group Inc | +0.3% | +4273.36% | 加碼 |
| 12 | PM | Philip Morris International | +0.2% | +35.75% | 加碼 |
| 13 | MDB | Mongodb Inc | +0.2% | +82.60% | 加碼 |
| 14 | TSLA | Tesla Inc | +0.2% | +79.59% | 加碼 |
| 15 | HWM | Howmet Aerospace Inc | +0.2% | +45.48% | 加碼 |
| 16 | NTRA | Natera Inc | +0.2% | +27.87% | 加碼 |
| 17 | UBER | Uber Technologies Inc | +0.2% | +98.63% | 加碼 |
| 18 | GH | Guardant Health Inc | +0.2% | +14.37% | 加碼 |
| 19 | BKNG | Booking Holdings Inc | +0.2% | +802.11% | 加碼 |
| 20 | MO | Altria Group Inc | +0.1% | +333.10% | 加碼 |
| 21 | PANW | Palo Alto Networks Inc | +0.1% | +83.84% | 加碼 |
| 22 | AHR | American Healthcare Reit Inc | +0.1% | +130.05% | 加碼 |
| 23 | CBRE | Cbre Group Inc - A | +0.1% | +649.37% | 加碼 |
| 24 | VIK | Viking Holdings Ltd | +0.1% | +1.62% | 加碼 |
| 25 | GE | General Electric | +0.1% | +28.97% | 加碼 |
| 26 | TRV | Travelers Cos Inc/the | +0.1% | +30.19% | 加碼 |
| 27 | TER | Teradyne Inc | +0.1% | -5.91% | 減碼 |
| 28 | INSM | Insmed Inc | +0.1% | +92.64% | 加碼 |
| 29 | STX | Seagate Technology Holdings plc | +0.1% | +63891.17% | 加碼 |
| 30 | BABA | Alibaba Group Holding-sp Adr | +0.1% | +6279.78% | 加碼 |
| 31 | HLT | Hilton Worldwide Holdings In | +0.1% | +81.34% | 加碼 |
| 32 | REGN | Regeneron Pharmaceuticals | +0.1% | +4.41% | 加碼 |
| 33 | ZBIO | Zenas Biopharma Inc | +0.1% | +45.85% | 加碼 |
| 34 | LITE | Lumentum Holdings Inc | +0.1% | -13.18% | 減碼 |
| 35 | APH | Amphenol Corp-cl A | +0.1% | +209.66% | 加碼 |
| 36 | MU | Micron Technology Inc | +0.1% | +6.27% | 加碼 |
| 37 | DOCS | Doximity Inc-class A | +0.1% | +3422.72% | 加碼 |
| 38 | PLD | Prologis Inc | +0.1% | +3.06% | 加碼 |
| 39 | EXPE | Expedia Group Inc | +0.1% | +7.42% | 加碼 |
| 40 | WVE | Wave Life Sciences Ltd. | +0.1% | +26.50% | 加碼 |
| 41 | DOCU | Docusign Inc | +0.1% | +318.78% | 加碼 |
| 42 | USB | US Bancorp | +0.1% | +2.96% | 加碼 |
| 43 | FIVE | Five Below | +0.1% | +3.13% | 加碼 |
| 44 | EYPT | Eyepoint Inc | +0.1% | +36.25% | 加碼 |
| 45 | WMT | Walmart Inc | +0.1% | +62.53% | 加碼 |
| 46 | DDOG | Datadog Inc - Class A | +0.1% | +52.11% | 加碼 |
| 47 | CR | Crane Co | +0.1% | +4412.57% | 加碼 |
| 48 | KRMN | Karman Holdings Inc | +0.1% | +2016.31% | 加碼 |
| 49 | EDU | New Oriental Educatio-sp Adr | +0.1% | +13865.17% | 加碼 |
| 50 | VRT | Vertiv Holdings Co-a | +0.1% | +18.10% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Federated Hermes, Inc. 在 Q4 2025 季度的美股持倉總市值約為 US$695.5億，共申報了 2063 個公開持股部位。
在 Q4 2025 季度，Federated Hermes, Inc. 按市值排列的前三大核心持股分別為：NVDA (2.5%)、MSFT (2.5%)、GOOGL (2.4%)。其中最大持股部位 NVDA 佔據整體投資組合約 2.5% 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
TTE
市值: US$2.5億
本季最大獲利了結 / 清倉標的
TTEN
前期市值: US$2.3億
在 Q4 2025 季度中，Federated Hermes, Inc. 共進行了 200 項持倉異動，包含新建倉 4 個部位、加碼 111 個部位、減碼 79 個部位以及清倉 6 個部位。 其中最大新建倉標的為 TTE。 本季清倉部位包含 TTEN。
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。