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: 0000869353
申報總市值
US$81.9億
US$81.9億
354 檔
21.4%
根據最新整理的 13F 季度數據集，Ferguson Wellman Capital Management, Inc 於 Q3 2025 結束時的管理資產規模為 US$81.9億。該機構在本季度申報了 354 檔美股持倉，呈現出該時期的主要投資地圖。
觀察 Q3 2025 的申報異動，Ferguson Wellman Capital Management, Inc 採取了強勁的買進策略，建倉與加碼動作（合計 31 筆）涵蓋多個核心板塊，展現機構對特定產業前景之樂觀態度。
檢視投資組合結構，前 5 大主力部位（包含 MSFT, NVDA, GOOGL）占據了總市值的 21.4%，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 354 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 | 8.15% | -0.34% | +2.31% | |
| 2 | NVDA | Nvidia CORP | 股票-科技 | 5.69% | +0.34% | -5.19% | |
| 3 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 5.44% | +0.57% | +0.49% | |
| 4 | AAPL | Apple Inc | 股票-科技 | 5.09% | +0.17% | -1.14% | |
| 5 | AVGO | Broadcom Inc | 股票-科技 | 4.09% | +0.29% | -3.13% | |
| 6 | JPM | Jpmorgan Chase & Co | 股票-金融 | 3.79% | -0.10% | -2.66% | |
| 7 | ABBV | Abbvie Inc | 股票-醫療保健 | 2.43% | +0.09% | +0.51% | |
| 8 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.25% | +0.08% | +0.63% | |
| 9 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 2.24% | -0.19% | +0.77% | |
| 10 | STT | State Street CORP | 股票-金融 | 2.15% | -0.07% | +1.26% | |
| 11 | IVV | Ishares Core S&p 500 ETF | ETF-大型股與成長 | 2.12% | +0.14% | +5.11% | |
| 12 | ETR | Entergy CORP | 股票-公用事業 | 1.96% | -0.68% | +5.18% | |
| 13 | V | Visa Inc-class A Shares | 股票-金融 | 1.94% | +0.04% | +0.06% | |
| 14 | CVX | Chevron CORP | 股票-能源 | 1.89% | -0.72% | +0.57% | |
| 15 | ADP | Automatic Data Processing | 股票-科技 | 1.87% | — | +44.19% | |
| 16 | WMT | Walmart Inc | 股票-非循環性消費 | 1.87% | -0.64% | -1.14% | |
| 17 | HD | Home Depot Inc | 股票-循環性消費 | 1.73% | -0.06% | -1.44% | |
| 18 | AEP | American Electric Power | 股票-公用事業 | 1.55% | -0.10% | +52.08% | |
| 19 | PH | Parker Hannifin CORP | 股票-工業 | 1.54% | -0.13% | -26.01% | |
| 20 | CSCO | Cisco Systems Inc | 股票-科技 | 1.46% | +0.58% | +3.95% | |
| 21 | AMGN | Amgen Inc | 股票-醫療保健 | 1.41% | -0.45% | +2.67% | |
| 22 | UBER | Uber Technologies Inc | 股票-工業 | 1.29% | -0.80% | +1.29% | |
| 23 | WFC | Wells Fargo & Co | 股票-金融 | 1.27% | -0.08% | +1.28% | |
| 24 | PM | Philip Morris International | 股票-非循環性消費 | 1.27% | -0.04% | -20.60% | |
| 25 | IR | Ingersoll Rand Inc. | 股票-工業 | 1.15% | +0.08% | +3112.27% | |
| 26 | TJX | Tjx Companies Inc | 股票-循環性消費 | 1.10% | -0.15% | -25.03% | |
| 27 | SWPPX | Schwab S&p 500 Index-sel | 股票-其他 | 1.09% | — | +501.94% | |
| 28 | SYK | Stryker CORP | 股票-醫療保健 | 1.08% | -0.11% | +0.77% | |
| 29 | COR | Cencora Inc | 股票-醫療保健 | 1.06% | -0.17% | +0.35% | |
| 30 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.06% | -0.06% | +2.14% | |
| 31 | TMUS | T-mobile US Inc | 股票-通訊服務 | 1.03% | — | +0.72% | |
| 32 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 1.02% | -0.04% | -0.97% | |
| 33 | ✓ | 股票-其他 | 0.92% | — | -1.13% | ||
| 34 | CRWD | Crowdstrike Holdings Inc - A | 股票-科技 | 0.91% | +0.08% | -0.42% | |
| 35 | MS | Morgan Stanley | 股票-金融 | 0.90% | +0.01% | -0.04% | |
| 36 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.81% | -0.10% | +0.61% | |
| 37 | MSI | Motorola Solutions Inc | 股票-科技 | 0.81% | -0.01% | -0.07% | |
| 38 | AVB | Avalonbay Communities Inc | 股票-房地產 | 0.81% | +0.01% | +0.35% | |
| 39 | AIG | American International Group | 股票-金融 | 0.78% | -0.07% | +0.34% | |
| 40 | NKE | Nike Inc -cl B | 股票-循環性消費 | 0.71% | -0.42% | +21.20% | |
| 41 | T | At&t Inc | 股票-通訊服務 | 0.71% | -0.23% | +2.33% | |
| 42 | IBM | Intl Business Machines CORP | 股票-科技 | 0.67% | +0.02% | +1.87% | |
| 43 | HON | Honeywell International Inc | 股票-工業 | 0.65% | -1.51% | EXIT | |
| 44 | EMR | Emerson Electric Co | 股票-工業 | 0.62% | +0.07% | +2.24% | |
| 45 | ✓ | 股票-其他 | 0.62% | — | +1.54% | ||
| 46 | AJG | Arthur J Gallagher & Co | 股票-金融 | 0.57% | -0.02% | +0.84% | |
| 47 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.52% | -0.04% | +0.21% | |
| 48 | BRO | Brown & Brown Inc | 股票-金融 | 0.48% | — | -0.34% | |
| 49 | MCD | Mcdonald's CORP | 股票-循環性消費 | 0.48% | -0.10% | -0.83% | |
| 50 | AMP | Ameriprise Financial Inc | 股票-金融 | 0.48% | -0.03% | -0.01% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | ADP | Automatic Data Processing | +1.8% | +44.19% | 加碼 |
| 2 | NVDA | Nvidia CORP | +1.6% | -5.19% | 減碼 |
| 3 | AVGO | Broadcom Inc | +1.5% | -3.13% | 減碼 |
| 4 | GOOGL | Alphabet Inc-cl A | +1.4% | +0.49% | 加碼 |
| 5 | MSFT | Microsoft CORP | +1.3% | +2.31% | 加碼 |
| 6 | IR | Ingersoll Rand Inc. | +1.1% | +3112.27% | 加碼 |
| 7 | UBER | Uber Technologies Inc | +0.5% | +1.29% | 加碼 |
| 8 | AEP | American Electric Power | +0.5% | +52.08% | 加碼 |
| 9 | COR | Cencora Inc | +0.4% | +0.35% | 加碼 |
| 10 | ACN | Accenture plc | +0.3% | +1408.22% | 加碼 |
| 11 | AMGN | Amgen Inc | +0.3% | +2.67% | 加碼 |
| 12 | STT | State Street CORP | +0.3% | +1.26% | 加碼 |
| 13 | WFC | Wells Fargo & Co | +0.2% | +1.28% | 加碼 |
| 14 | IVV | Ishares Core S&p 500 ETF | +0.1% | +5.11% | 加碼 |
| 15 | META | Meta Platforms Inc-class A | +0.1% | +2.14% | 加碼 |
| 16 | MS | Morgan Stanley | +0.1% | -0.04% | 加碼 |
| 17 | JPM | Jpmorgan Chase & Co | +0.1% | -2.66% | 減碼 |
| 18 | ✓ | +0.1% | -1.13% | 減碼 | |
| 19 | NKE | Nike Inc -cl B | +0.1% | +21.20% | 加碼 |
| 20 | GOOG | Alphabet Inc-cl C | +0.1% | -1.05% | 減碼 |
| 21 | MU | Micron Technology Inc | 0% | +5.52% | 減碼 |
| 22 | ✓ | 0% | +1.54% | 加碼 | |
| 23 | VZ | Verizon Communications Inc | 0% | +36.71% | 加碼 |
| 24 | WMT | Walmart Inc | 0% | -1.14% | 加碼 |
| 25 | EMR | Emerson Electric Co | 0% | +2.24% | 加碼 |
| 26 | AMZN | Amazon.com Inc | — | +0.63% | 加碼 |
| 27 | ADI | Analog Devices Inc | — | -0.91% | 減碼 |
| 28 | SWPPX | Schwab S&p 500 Index-sel | 0% | +501.94% | 加碼 |
| 29 | IBM | Intl Business Machines CORP | 0% | +1.87% | 加碼 |
| 30 | ETR | Entergy CORP | 0% | +5.18% | 加碼 |
| 31 | CSCO | Cisco Systems Inc | 0% | +3.95% | 加碼 |
| 32 | MRK | Merck & Co. Inc. | -0.1% | -0.97% | 加碼 |
| 33 | HD | Home Depot Inc | -0.2% | -1.44% | 減碼 |
| 34 | ABBV | Abbvie Inc | -0.2% | +0.51% | 加碼 |
| 35 | ABT | Abbott Laboratories | -0.2% | -21.59% | 減碼 |
| 36 | IYH | Ishares U.s. Healthcare ETF | -0.2% | -1.31% | 減碼 |
| 37 | AAPL | Apple Inc | -0.3% | -1.14% | 減碼 |
| 38 | BRO | Brown & Brown Inc | -0.3% | -0.34% | 加碼 |
| 39 | MAS | Masco CORP | -0.3% | -3.08% | 減碼 |
| 40 | TJX | Tjx Companies Inc | -0.4% | -25.03% | 減碼 |
| 41 | AVY | Avery Dennison CORP | -0.4% | -79.33% | 減碼 |
| 42 | CVX | Chevron CORP | -0.5% | +0.57% | 加碼 |
| 43 | PM | Philip Morris International | -0.6% | -20.60% | 減碼 |
| 44 | PG | Procter & Gamble Co/the | -0.6% | +0.77% | 加碼 |
| 45 | ✓ | -0.8% | -97.48% | 減碼 | |
| 46 | FTV | Fortive CORP | -1.4% | -87.95% | 減碼 |
| 47 | UNH | Unitedhealth Group Inc | -1.8% | -14.36% | 減碼 |
| 48 | NRG | Nrg Energy Inc | — | NEW | 新建倉 |
| 49 | SMH | Vaneck Semiconductor ETF | — | NEW | 新建倉 |
| 50 | DOW | Dow Inc | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Ferguson Wellman Capital Management, Inc 在 Q3 2025 季度的美股持倉總市值約為 US$81.9億，共申報了 354 個公開持股部位。
在 Q3 2025 季度，Ferguson Wellman Capital Management, Inc 按市值排列的前三大核心持股分別為：MSFT (8.2%)、NVDA (5.7%)、GOOGL (5.4%)。其中最大持股部位 MSFT 佔據整體投資組合約 8.2% 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
NRG
市值: US$2526.8萬
本季最大獲利了結 / 清倉標的
DOW
前期市值: US$928.4萬
在 Q3 2025 季度中，Ferguson Wellman Capital Management, Inc 共進行了 50 項持倉異動，包含新建倉 2 個部位、加碼 29 個部位、減碼 18 個部位以及清倉 1 個部位。 其中最大新建倉標的為 NRG。 本季清倉部位包含 DOW。
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。