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: 0001692632
申報總市值
US$6.8億
US$6.8億
257 檔
28.2%
根據最新整理的 13F 季度數據集，First Bank & Trust 於 Q3 2025 結束時的管理資產規模為 US$6.8億。該機構在本季度申報了 257 檔美股持倉，呈現出該時期的主要投資地圖。
First Bank & Trust 在 Q3 2025 進行了結構性的板塊輪動與部位換股。在開立 8 個全新部位及加碼 17 檔持股的同時，亦同步清倉 1 檔並減碼 21 檔標的。
整體而言，First Bank & Trust 的前 5 大持股（包含 VTI, VEA, AGG）貢獻了組合市值的 28.2%，形成該機構在 Q3 2025 季度的基本面基石。
僅顯示前 200 大持股（共 257 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 | VTI | Vanguard Total Stock Mkt ETF | ETF-其他 | 11.76% | +0.37% | -0.97% | |
| 2 | VEA | Vanguard Ftse Developed ETF | ETF-其他 | 8.01% | +0.12% | -5.98% | |
| 3 | AGG | Ishares Core U.s. Aggregate | ETF-其他 | 5.10% | -0.38% | +2.70% | |
| 4 | VWO | Vanguard Ftse Emerging Marke | ETF-新興市場 | 3.80% | +0.03% | -8.34% | |
| 5 | VOO | Vanguard S&p 500 ETF | ETF-大型股與成長 | 3.60% | +0.19% | -19.42% | |
| 6 | MSFT | Microsoft CORP | 股票-科技 | 3.02% | -0.13% | -0.33% | |
| 7 | IJR | Ishares Core S&p Small-cap E | ETF-中小型股 | 2.42% | +0.22% | -4.97% | |
| 8 | AAPL | Apple Inc | 股票-科技 | 2.30% | +0.13% | +244.24% | |
| 9 | IJH | Ishares Core S&p Midcap ETF | ETF-其他 | 2.19% | +0.09% | -9.66% | |
| 10 | VOOV | Vanguard S&p 500 Value ETF | ETF-大型股與成長 | 1.54% | -0.02% | — | |
| 11 | DAKT | Daktronics Inc | 股票-其他 | 1.38% | -0.04% | -33.76% | |
| 12 | NVDA | Nvidia CORP | 股票-科技 | 1.33% | +0.13% | -3.73% | |
| 13 | VIOV | Vanguard S&p Small-cap 600 V | ETF-其他 | 1.26% | +0.06% | — | |
| 14 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.23% | -0.11% | +0.73% | |
| 15 | CATH | Global X S&p 500 Ca Val ETF | ETF-大型股與成長 | 1.22% | -0.11% | — | |
| 16 | GEVO | Gevo Inc | 股票-其他 | 1.01% | -0.67% | — | |
| 17 | AMZN | Amazon.com Inc | 股票-循環性消費 | 0.99% | +0.01% | -1.42% | |
| 18 | XEL | Xcel Energy Inc | 股票-公用事業 | 0.83% | -0.13% | +1.30% | |
| 19 | PM | Philip Morris International | 股票-非循環性消費 | 0.81% | -0.01% | -5.81% | |
| 20 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.80% | +0.06% | +8.22% | |
| 21 | ENB | Enbridge Inc | 股票-能源 | 0.79% | -0.06% | +0.62% | |
| 22 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.78% | +0.10% | -13.17% | |
| 23 | DUK | Duke Energy CORP | 股票-公用事業 | 0.78% | -0.08% | -2.33% | |
| 24 | VZ | Verizon Communications Inc | 股票-通訊服務 | 0.78% | -0.10% | -0.10% | |
| 25 | TTEN | Totalenergies Se -spon Adr | 股票-其他 | 0.76% | — | +7.78% | |
| 26 | MA | Mastercard Inc - A | 股票-金融 | 0.75% | -0.06% | -0.34% | |
| 27 | GILD | Gilead Sciences Inc | 股票-醫療保健 | 0.73% | -0.22% | -10.25% | |
| 28 | SO | Southern Co/the | 股票-公用事業 | 0.72% | -0.08% | -3.29% | |
| 29 | IVV | Ishares Core S&p 500 ETF | ETF-大型股與成長 | 0.71% | +0.29% | +5.49% | |
| 30 | WMB | Williams Cos Inc | 股票-能源 | 0.70% | -0.15% | -0.91% | |
| 31 | CVX | Chevron CORP | 股票-能源 | 0.67% | -0.28% | +8.40% | |
| 32 | PNC | Pnc Financial Services Group | 股票-金融 | 0.67% | +0.09% | +9.28% | |
| 33 | NGG | National Grid Plc-sp Adr | 股票-公用事業 | 0.66% | -0.15% | +0.84% | |
| 34 | PFE | Pfizer Inc | 股票-醫療保健 | 0.65% | -0.22% | +112.90% | |
| 35 | VPL | Vanguard Ftse Pacific ETF | ETF-其他 | 0.64% | +0.06% | — | |
| 36 | USB | US Bancorp | 股票-金融 | 0.64% | +0.08% | +6.99% | |
| 37 | NOW | Servicenow Inc | 股票-科技 | 0.63% | -0.05% | -4.34% | |
| 38 | UBER | Uber Technologies Inc | 股票-工業 | 0.62% | -0.08% | -3.44% | |
| 39 | INTU | Intuit Inc | 股票-科技 | 0.61% | -0.17% | — | |
| 40 | HBAN | Huntington Bancshares Inc | 股票-金融 | 0.61% | -0.04% | +2.54% | |
| 41 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.60% | -0.42% | -1.82% | |
| 42 | XOM | Exxon Mobil CORP | 股票-能源 | 0.60% | -0.45% | +24.72% | |
| 43 | AMGN | Amgen Inc | 股票-醫療保健 | 0.59% | -0.15% | +10.26% | |
| 44 | SNY | Sanofi-adr | 股票-醫療保健 | 0.55% | — | +1.51% | |
| 45 | TRP | Tc Energy CORP | 股票-能源 | 0.54% | -0.01% | -0.57% | |
| 46 | CTAS | Cintas CORP | 股票-工業 | 0.54% | -0.05% | -0.39% | |
| 47 | GLD | Spdr Gold Shares | ETF-避險與商品 | 0.53% | -0.22% | — | |
| 48 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.53% | — | -1.39% | |
| 49 | AEP | American Electric Power | 股票-公用事業 | 0.52% | -0.10% | +1.12% | |
| 50 | BTI | British American Tob-sp Adr | 股票-非循環性消費 | 0.51% | +0.02% | +25.63% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | AAPL | Apple Inc | +1.6% | +244.24% | 加碼 |
| 2 | MSFT | Microsoft CORP | +0.5% | -0.33% | 減碼 |
| 3 | META | Meta Platforms Inc-class A | +0.4% | +0.73% | 加碼 |
| 4 | NVDA | Nvidia CORP | +0.4% | -3.73% | 減碼 |
| 5 | BTI | British American Tob-sp Adr | +0.3% | +25.63% | 加碼 |
| 6 | PFE | Pfizer Inc | +0.3% | +112.90% | 加碼 |
| 7 | XOM | Exxon Mobil CORP | +0.3% | +24.72% | 加碼 |
| 8 | VTI | Vanguard Total Stock Mkt ETF | +0.2% | -0.97% | 減碼 |
| 9 | JNJ | Johnson & Johnson | +0.2% | +21.83% | 加碼 |
| 10 | IVV | Ishares Core S&p 500 ETF | +0.2% | +5.49% | 加碼 |
| 11 | PNC | Pnc Financial Services Group | +0.1% | +9.28% | 加碼 |
| 12 | BMO | Bank Of Montreal | +0.1% | +3.89% | 加碼 |
| 13 | NGG | National Grid Plc-sp Adr | +0.1% | +0.84% | 加碼 |
| 14 | UBER | Uber Technologies Inc | +0.1% | -3.44% | 減碼 |
| 15 | NFLX | Netflix Inc | +0.1% | +0.19% | 加碼 |
| 16 | GOOGL | Alphabet Inc-cl A | +0.1% | -0.75% | 減碼 |
| 17 | ABBV | Abbvie Inc | +0.1% | +8.22% | 加碼 |
| 18 | CATH | Global X S&p 500 Ca Val ETF | +0.1% | — | 不變 |
| 19 | HBAN | Huntington Bancshares Inc | +0.1% | +2.54% | 加碼 |
| 20 | XEL | Xcel Energy Inc | 0% | +1.30% | 加碼 |
| 21 | ENB | Enbridge Inc | 0% | +0.62% | 加碼 |
| 22 | VIOV | Vanguard S&p Small-cap 600 V | 0% | — | 不變 |
| 23 | IJR | Ishares Core S&p Small-cap E | -0.1% | -4.97% | 減碼 |
| 24 | VOOV | Vanguard S&p 500 Value ETF | -0.1% | — | 不變 |
| 25 | ADBE | Adobe Inc | -0.2% | -28.06% | 減碼 |
| 26 | PAYX | Paychex Inc | -0.2% | -43.49% | 減碼 |
| 27 | IJH | Ishares Core S&p Midcap ETF | -0.2% | -9.66% | 減碼 |
| 28 | VWO | Vanguard Ftse Emerging Marke | -0.2% | -8.34% | 減碼 |
| 29 | WDAY | Workday Inc-class A | -0.2% | -49.74% | 減碼 |
| 30 | KVUE | Kenvue Inc | -0.2% | -0.79% | 加碼 |
| 31 | AGG | Ishares Core U.s. Aggregate | -0.2% | +2.70% | 加碼 |
| 32 | SPGI | S&p Global Inc | -0.2% | -25.31% | 減碼 |
| 33 | PGR | Progressive CORP | -0.2% | -5.21% | 減碼 |
| 34 | LYB | LyondellBasell Industries N.V. | -0.2% | +55.50% | 減碼 |
| 35 | ETR | Entergy CORP | -0.3% | -20.27% | 減碼 |
| 36 | T | At&t Inc | -0.3% | -19.02% | 減碼 |
| 37 | PM | Philip Morris International | -0.3% | -5.81% | 減碼 |
| 38 | GILD | Gilead Sciences Inc | -0.4% | -10.25% | 減碼 |
| 39 | DAKT | Daktronics Inc | -0.4% | -33.76% | 減碼 |
| 40 | VEA | Vanguard Ftse Developed ETF | -0.4% | -5.98% | 減碼 |
| 41 | BMY | Bristol-myers Squibb Co | -0.7% | -76.28% | 減碼 |
| 42 | ✓ | Big Sioux Financial | — | EXIT | 清倉 |
| 43 | GEVO | Gevo Inc | — | NEW | 新建倉 |
| 44 | GSK | Gsk Plc-spon Adr | — | NEW | 新建倉 |
| 45 | DDOG | Datadog Inc - Class A | — | NEW | 新建倉 |
| 46 | FE | Firstenergy CORP | — | NEW | 新建倉 |
| 47 | IAU | Ishares Gold Trust | — | NEW | 新建倉 |
| 48 | RWJ | Invesco S&p Smallcap 600 | — | NEW | 新建倉 |
| 49 | DIVI | Franklin International Core | — | NEW | 新建倉 |
| 50 | JIRE | Jpmorgan Int Res Enh Eqty | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，First Bank & Trust 在 Q3 2025 季度的美股持倉總市值約為 US$6.8億，共申報了 257 個公開持股部位。
在 Q3 2025 季度，First Bank & Trust 按市值排列的前三大核心持股分別為：VTI (11.8%)、VEA (8.0%)、AGG (5.1%)。其中最大持股部位 VTI 佔據整體投資組合約 11.8% 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
GEVO
市值: US$600.7萬
本季最大獲利了結 / 清倉標的
Big Sioux Financial
前期市值: US$683.4萬
在 Q3 2025 季度中，First Bank & Trust 共進行了 47 項持倉異動，包含新建倉 8 個部位、加碼 17 個部位、減碼 21 個部位以及清倉 1 個部位。 其中最大新建倉標的為 GEVO。 本季清倉部位包含 Big Sioux Financial。
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。