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: 0001656282
申報總市值
US$4.6億
US$4.6億
296 檔
9.5%
根據最新整理的 13F 季度數據集，First Affirmative Financial Network 於 Q3 2025 結束時的管理資產規模為 US$4.6億。該機構在本季度申報了 296 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，First Affirmative Financial Network 採取了強勁的買進策略，建倉與加碼動作（合計 118 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 SHE, SPTS, NVDA）占據了總市值的 9.5%，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 296 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 | SHE | Ss Spdr Msci U Gend Div ETF | ETF-其他 | 5.59% | -1.75% | — | |
| 2 | SPTS | Ss Spdr P St Term Tsy ETF | ETF-其他 | 4.24% | -1.43% | +34.74% | |
| 3 | NVDA | Nvidia CORP | 股票-科技 | 3.86% | +0.21% | +0.23% | |
| 4 | AAPL | Apple Inc | 股票-科技 | 3.46% | +0.19% | +3.11% | |
| 5 | MSFT | Microsoft CORP | 股票-科技 | 3.18% | -0.20% | +1.53% | |
| 6 | VGIT | Vanguard Intermediate-term T | ETF-其他 | 3.14% | -0.81% | -33.19% | |
| 7 | DSI | Ishares Esg Msci Kld 400 ETF | ETF-其他 | 2.53% | -0.28% | -0.52% | |
| 8 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 2.05% | -0.31% | -2.55% | |
| 9 | JSTC | Adasina Social Justice Glb | ETF-其他 | 2.04% | -0.53% | -48.04% | |
| 10 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 1.51% | -0.37% | +3.01% | |
| 11 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 1.45% | -0.12% | -3.27% | |
| 12 | AMZN | Amazon.com Inc | 股票-循環性消費 | 1.34% | -0.10% | -2.12% | |
| 13 | MA | Mastercard Inc - A | 股票-金融 | 1.32% | -0.40% | +5.14% | |
| 14 | CSCO | Cisco Systems Inc | 股票-科技 | 0.98% | -0.30% | +15.66% | |
| 15 | V | Visa Inc-class A Shares | 股票-金融 | 0.97% | -0.25% | +5.74% | |
| 16 | AVGO | Broadcom Inc | 股票-科技 | 0.94% | -0.18% | +0.05% | |
| 17 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.94% | -0.30% | +8.42% | |
| 18 | SAP | Sap Se-sponsored Adr | 股票-科技 | 0.92% | -0.19% | +6.41% | |
| 19 | NFLX | Netflix Inc | 股票-通訊服務 | 0.82% | -0.42% | -1.95% | |
| 20 | EMNT | Pimco Enhcd St M-active Esg | ETF-其他 | 0.78% | -0.26% | -23.60% | |
| 21 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.76% | +0.96% | -5.39% | |
| 22 | AXP | American Express Co | 股票-金融 | 0.75% | -0.17% | +2.59% | |
| 23 | AMAT | Applied Materials Inc | 股票-科技 | 0.71% | +0.24% | -4.11% | |
| 24 | CHT | Chunghwa Telecom Lt-spon Adr | 股票-其他 | 0.70% | -0.25% | +4.23% | |
| 25 | ORCL | Oracle CORP | 股票-科技 | 0.68% | -0.16% | -9.03% | |
| 26 | NVS | Novartis Ag-sponsored Adr | 股票-醫療保健 | 0.66% | -0.30% | +7.85% | |
| 27 | TBX | Proshares Short 7-10 Yr Tsy | ETF-其他 | 0.65% | -0.21% | +0.52% | |
| 28 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.65% | -0.12% | -4.60% | |
| 29 | ASML | ASML Holding N.V. | 股票-科技 | 0.62% | -0.14% | +2.81% | |
| 30 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.60% | -0.08% | -0.48% | |
| 31 | CHGX | Stance Sustainable Beta ETF | ETF-其他 | 0.59% | -0.13% | +0.04% | |
| 32 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.58% | -0.08% | +7.54% | |
| 33 | SYK | Stryker CORP | 股票-醫療保健 | 0.56% | -0.22% | +2.58% | |
| 34 | ADP | Automatic Data Processing | 股票-科技 | 0.54% | -0.05% | -0.69% | |
| 35 | UL | Unilever PLC | 股票-非循環性消費 | 0.51% | — | +5.59% | |
| 36 | TSLA | Tesla Inc | 股票-循環性消費 | 0.51% | +0.08% | -12.21% | |
| 37 | HD | Home Depot Inc | 股票-循環性消費 | 0.48% | -0.15% | +2.19% | |
| 38 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.46% | -0.08% | +31.24% | |
| 39 | TAXF | American Century Diver Muni | ETF-其他 | 0.46% | -0.83% | +39.47% | |
| 40 | AZNN | Astrazeneca Plc-spons Adr | 股票-其他 | 0.46% | — | +10.27% | |
| 41 | LIN | Linde plc | 股票-原物料 | 0.44% | -0.15% | +2.07% | |
| 42 | DHR | Danaher CORP | 股票-醫療保健 | 0.44% | -0.14% | +12.29% | |
| 43 | TMO | Thermo Fisher Scientific Inc | 股票-醫療保健 | 0.42% | -0.08% | -6.56% | |
| 44 | AMD | Advanced Micro Devices | 股票-科技 | 0.41% | +0.23% | +7.96% | |
| 45 | SUB | Ishares Short-term National | ETF-其他 | 0.40% | -0.17% | +0.52% | |
| 46 | IBM | Intl Business Machines CORP | 股票-科技 | 0.40% | -0.19% | -1.84% | |
| 47 | CRM | Salesforce Inc | 股票-科技 | 0.39% | -0.09% | +19.49% | |
| 48 | INTU | Intuit Inc | 股票-科技 | 0.39% | -0.01% | +17.29% | |
| 49 | TELFY | Telefonica Sa-spon Adr | 股票-其他 | 0.39% | — | +0.45% | |
| 50 | NOW | Servicenow Inc | 股票-科技 | 0.39% | -0.02% | +1.71% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | SPTS | Ss Spdr P St Term Tsy ETF | +0.8% | +34.74% | 加碼 |
| 2 | AAPL | Apple Inc | +0.5% | +3.11% | 加碼 |
| 3 | GOOGL | Alphabet Inc-cl A | +0.4% | -2.55% | 減碼 |
| 4 | NVDA | Nvidia CORP | +0.3% | +0.23% | 加碼 |
| 5 | GOOG | Alphabet Inc-cl C | +0.3% | -3.27% | 減碼 |
| 6 | TSM | Taiwan Semiconductor-sp Adr | +0.2% | +3.01% | 加碼 |
| 7 | ABBV | Abbvie Inc | +0.1% | +7.54% | 加碼 |
| 8 | TAXF | American Century Diver Muni | +0.1% | +39.47% | 加碼 |
| 9 | VTEB | Vanguard Tax-exempt Bond ETF | +0.1% | +90.97% | 加碼 |
| 10 | AVGO | Broadcom Inc | +0.1% | +0.05% | 加碼 |
| 11 | ASML | ASML Holding N.V. | +0.1% | +2.81% | 加碼 |
| 12 | TM | Toyota Motor CORP -spon Adr | +0.1% | +24.63% | 加碼 |
| 13 | ANET | Arista Networks Inc | +0.1% | +2.27% | 加碼 |
| 14 | NEM | Newmont CORP | +0.1% | +13.22% | 加碼 |
| 15 | TSLA | Tesla Inc | +0.1% | -12.21% | 減碼 |
| 16 | LRCX | Lam Research CORP | +0.1% | -5.77% | 減碼 |
| 17 | CLS | Celestica Inc | +0.1% | -5.97% | 減碼 |
| 18 | COST | Costco Wholesale CORP | +0.1% | +31.24% | 加碼 |
| 19 | AZNN | Astrazeneca Plc-spons Adr | +0.1% | +10.27% | 加碼 |
| 20 | AMD | Advanced Micro Devices | +0.1% | +7.96% | 加碼 |
| 21 | TEL | TE Connectivity plc | +0.1% | +2.59% | 加碼 |
| 22 | AXIA | Axia Energia-adr | +0.1% | +3.48% | 加碼 |
| 23 | T | At&t Inc | +0.1% | +36.64% | 加碼 |
| 24 | INTC | Intel CORP | +0.1% | +3.51% | 加碼 |
| 25 | CSCO | Cisco Systems Inc | 0% | +15.66% | 加碼 |
| 26 | ORCL | Oracle CORP | 0% | -9.03% | 減碼 |
| 27 | JNJ | Johnson & Johnson | 0% | -4.60% | 減碼 |
| 28 | ING | Ing Groep N.v.-sponsored Adr | 0% | +6.26% | 加碼 |
| 29 | PUK | Prudential Plc-adr | 0% | +9.17% | 加碼 |
| 30 | MU | Micron Technology Inc | 0% | -7.76% | 減碼 |
| 31 | AEM | Agnico Eagle Mines LTD | 0% | -1.82% | 減碼 |
| 32 | CMI | Cummins Inc | 0% | +15.38% | 加碼 |
| 33 | PDD | Pdd Holdings Inc | 0% | +10.84% | 加碼 |
| 34 | NVS | Novartis Ag-sponsored Adr | 0% | +7.85% | 加碼 |
| 35 | O | Realty Income CORP | 0% | +13.68% | 加碼 |
| 36 | BNS | Bank Of Nova Scotia | 0% | +7.87% | 加碼 |
| 37 | ARCC | Ares Capital CORP | 0% | +29.29% | 加碼 |
| 38 | SNPS | Synopsys Inc | 0% | +30.50% | 加碼 |
| 39 | WPM | Wheaton Precious Metals CORP | 0% | +3.46% | 加碼 |
| 40 | DELL | Dell Technologies -c | 0% | +16.92% | 加碼 |
| 41 | ASX | Ase Technology Holding -adr | 0% | +18.47% | 加碼 |
| 42 | FNV | Franco-nevada CORP | 0% | +0.35% | 加碼 |
| 43 | BBVA | Banco Bilbao Vizcaya-sp Adr | 0% | +4.68% | 加碼 |
| 44 | SHOP | Shopify Inc - Class A | 0% | +3.41% | 加碼 |
| 45 | CIB | Grupo Cibest Sa-adr | 0% | +15.92% | 加碼 |
| 46 | EBAY | Ebay Inc | 0% | +6.79% | 加碼 |
| 47 | HD | Home Depot Inc | 0% | +2.19% | 加碼 |
| 48 | DHR | Danaher CORP | 0% | +12.29% | 加碼 |
| 49 | LOW | Lowe's Cos Inc | 0% | +4.16% | 加碼 |
| 50 | KLAC | Kla CORP | 0% | -1.20% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，First Affirmative Financial Network 在 Q3 2025 季度的美股持倉總市值約為 US$4.6億，共申報了 296 個公開持股部位。
在 Q3 2025 季度，First Affirmative Financial Network 按市值排列的前三大核心持股分別為：SHE (5.6%)、SPTS (4.2%)、NVDA (3.9%)。其中最大持股部位 SHE 佔據整體投資組合約 5.6% 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
SHE
市值: US$1188.1萬
本季最大獲利了結 / 清倉標的
AKX
前期市值: US$42.2萬
在 Q3 2025 季度中，First Affirmative Financial Network 共進行了 199 項持倉異動，包含新建倉 32 個部位、加碼 86 個部位、減碼 68 個部位以及清倉 13 個部位。 其中最大新建倉標的為 SHE。 本季清倉部位包含 AKX。
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。