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
260 檔
28.8%
在 Q4 2025 申報期間，First Bank & Trust（CIK: 0001692632）向美國 SEC 提交的 Form 13F 報告顯示，其追蹤之股票投資組合總市值達 US$6.8億，共持有 260 個公開申報部位。
Q4 2025 數據顯示 First Bank & Trust 積極進場，新開立 8 個部位並同步加碼 22 檔個股，反映機構在該季度的資金注入與籌碼積累。
從部位權重觀察，前 5 大標的（包含 VTI, VEA, AGG）累計市值佔比達 28.8%，是驅動 First Bank & Trust 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 260 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 | 11.63% | +0.37% | — | |
| 2 | VEA | Vanguard Ftse Developed ETF | ETF-其他 | 8.08% | +0.12% | — | |
| 3 | AGG | Ishares Core U.s. Aggregate | ETF-其他 | 4.96% | -0.38% | +0.98% | |
| 4 | VWO | Vanguard Ftse Emerging Marke | ETF-新興市場 | 3.65% | +0.03% | +0.07% | |
| 5 | VOO | Vanguard S&p 500 ETF | ETF-大型股與成長 | 3.58% | +0.19% | +0.41% | |
| 6 | MSFT | Microsoft CORP | 股票-科技 | 2.72% | -0.13% | -0.24% | |
| 7 | AAPL | Apple Inc | 股票-科技 | 2.42% | +0.13% | +1.70% | |
| 8 | IJR | Ishares Core S&p Small-cap E | ETF-中小型股 | 2.37% | +0.22% | -0.02% | |
| 9 | IJH | Ishares Core S&p Midcap ETF | ETF-其他 | 2.14% | +0.09% | -0.03% | |
| 10 | VOOV | Vanguard S&p 500 Value ETF | ETF-大型股與成長 | 1.53% | -0.02% | — | |
| 11 | NVDA | Nvidia CORP | 股票-科技 | 1.25% | +0.13% | -2.31% | |
| 12 | VIOV | Vanguard S&p Small-cap 600 V | ETF-其他 | 1.25% | +0.06% | — | |
| 13 | DAKT | Daktronics Inc | 股票-其他 | 1.24% | -0.04% | -1.53% | |
| 14 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 1.23% | -0.42% | +126.34% | |
| 15 | CATH | Global X S&p 500 Ca Val ETF | ETF-大型股與成長 | 1.20% | -0.11% | — | |
| 16 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.08% | -0.11% | +0.80% | |
| 17 | AMZN | Amazon.com Inc | 股票-循環性消費 | 1.02% | +0.01% | +1.45% | |
| 18 | GEVO | Gevo Inc | 股票-其他 | 1.00% | -0.67% | — | |
| 19 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.93% | +0.10% | -4.69% | |
| 20 | PM | Philip Morris International | 股票-非循環性消費 | 0.79% | -0.01% | +2.08% | |
| 21 | TTE | TotalEnergies SE | 股票-其他 | 0.79% | -0.32% | — | |
| 22 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.76% | +0.06% | -0.90% | |
| 23 | IVV | Ishares Core S&p 500 ETF | ETF-大型股與成長 | 0.76% | +0.29% | +8.72% | |
| 24 | PFE | Pfizer Inc | 股票-醫療保健 | 0.75% | -0.22% | +21.45% | |
| 25 | GILD | Gilead Sciences Inc | 股票-醫療保健 | 0.73% | -0.22% | -7.02% | |
| 26 | ENB | Enbridge Inc | 股票-能源 | 0.73% | -0.06% | -0.47% | |
| 27 | MA | Mastercard Inc - A | 股票-金融 | 0.72% | -0.06% | -1.68% | |
| 28 | USB | US Bancorp | 股票-金融 | 0.71% | +0.08% | +4.86% | |
| 29 | DUK | Duke Energy CORP | 股票-公用事業 | 0.71% | -0.08% | -0.90% | |
| 30 | AMGN | Amgen Inc | 股票-醫療保健 | 0.69% | -0.15% | +4.12% | |
| 31 | NGG | National Grid Plc-sp Adr | 股票-公用事業 | 0.68% | -0.15% | +0.67% | |
| 32 | XOM | Exxon Mobil CORP | 股票-能源 | 0.68% | -0.45% | +9.97% | |
| 33 | XEL | Xcel Energy Inc | 股票-公用事業 | 0.68% | -0.13% | -7.30% | |
| 34 | PNC | Pnc Financial Services Group | 股票-金融 | 0.68% | +0.09% | +0.65% | |
| 35 | BTI | British American Tob-sp Adr | 股票-非循環性消費 | 0.64% | +0.02% | +22.34% | |
| 36 | VPL | Vanguard Ftse Pacific ETF | ETF-其他 | 0.64% | +0.06% | — | |
| 37 | SO | Southern Co/the | 股票-公用事業 | 0.62% | -0.08% | -4.25% | |
| 38 | CVX | Chevron CORP | 股票-能源 | 0.58% | -0.28% | -8.62% | |
| 39 | INTU | Intuit Inc | 股票-科技 | 0.58% | -0.17% | +0.47% | |
| 40 | GLD | Spdr Gold Shares | ETF-避險與商品 | 0.58% | -0.22% | — | |
| 41 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.58% | -0.16% | +7.95% | |
| 42 | WMB | Williams Cos Inc | 股票-能源 | 0.56% | -0.15% | -13.74% | |
| 43 | ISRG | Intuitive Surgical Inc | 股票-醫療保健 | 0.55% | -0.06% | +1.82% | |
| 44 | VZ | Verizon Communications Inc | 股票-通訊服務 | 0.55% | -0.10% | -20.73% | |
| 45 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.55% | — | +4.02% | |
| 46 | PLD | Prologis Inc | 股票-房地產 | 0.55% | -0.02% | +19.75% | |
| 47 | HBAN | Huntington Bancshares Inc | 股票-金融 | 0.54% | -0.04% | -8.95% | |
| 48 | SNY | Sanofi-adr | 股票-醫療保健 | 0.54% | — | -1.58% | |
| 49 | TRP | Tc Energy CORP | 股票-能源 | 0.53% | -0.01% | -0.16% | |
| 50 | AVGO | Broadcom Inc | 股票-科技 | 0.51% | +0.13% | +219.89% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | COST | Costco Wholesale CORP | +0.6% | +126.34% | 加碼 |
| 2 | AVGO | Broadcom Inc | +0.4% | +219.89% | 加碼 |
| 3 | PEP | Pepsico Inc | +0.2% | +71.40% | 加碼 |
| 4 | GOOG | Alphabet Inc-cl C | +0.2% | -4.69% | 減碼 |
| 5 | IOT | Samsara Inc-cl A | +0.2% | +210.50% | 加碼 |
| 6 | BTI | British American Tob-sp Adr | +0.1% | +22.34% | 加碼 |
| 7 | PLD | Prologis Inc | +0.1% | +19.75% | 加碼 |
| 8 | AAPL | Apple Inc | +0.1% | +1.70% | 加碼 |
| 9 | SCHW | Schwab (charles) CORP | +0.1% | +258.02% | 加碼 |
| 10 | ISRG | Intuitive Surgical Inc | +0.1% | +1.82% | 加碼 |
| 11 | AMGN | Amgen Inc | +0.1% | +4.12% | 加碼 |
| 12 | PFE | Pfizer Inc | +0.1% | +21.45% | 加碼 |
| 13 | TJX | Tjx Companies Inc | +0.1% | +105.96% | 加碼 |
| 14 | FICO | Fair Isaac CORP | +0.1% | +70.24% | 加碼 |
| 15 | GOOGL | Alphabet Inc-cl A | +0.1% | -0.55% | 減碼 |
| 16 | JNJ | Johnson & Johnson | +0.1% | +7.95% | 加碼 |
| 17 | AMP | Ameriprise Financial Inc | +0.1% | +165.47% | 加碼 |
| 18 | PAYX | Paychex Inc | +0.1% | +216.47% | 加碼 |
| 19 | XOM | Exxon Mobil CORP | +0.1% | +9.97% | 加碼 |
| 20 | GSK | Gsk Plc-spon Adr | +0.1% | +10.13% | 加碼 |
| 21 | VEA | Vanguard Ftse Developed ETF | +0.1% | — | 不變 |
| 22 | USB | US Bancorp | +0.1% | +4.86% | 加碼 |
| 23 | VOO | Vanguard S&p 500 ETF | 0% | +0.41% | 加碼 |
| 24 | CM | Can Imperial Bk Of Commerce | -0.1% | -34.70% | 減碼 |
| 25 | CSGP | Costar Group Inc | -0.1% | -16.48% | 減碼 |
| 26 | VTI | Vanguard Total Stock Mkt ETF | -0.1% | — | 不變 |
| 27 | ZTS | Zoetis Inc | -0.1% | -70.15% | 減碼 |
| 28 | NXPI | NXP Semiconductors N.V. | -0.1% | -52.14% | 減碼 |
| 29 | WMB | Williams Cos Inc | -0.1% | -13.74% | 減碼 |
| 30 | UBER | Uber Technologies Inc | -0.1% | -4.30% | 減碼 |
| 31 | NOW | Servicenow Inc | -0.1% | +388.55% | 加碼 |
| 32 | DAKT | Daktronics Inc | -0.1% | -1.53% | 減碼 |
| 33 | XEL | Xcel Energy Inc | -0.2% | -7.30% | 減碼 |
| 34 | META | Meta Platforms Inc-class A | -0.2% | +0.80% | 加碼 |
| 35 | T | At&t Inc | -0.2% | -30.92% | 減碼 |
| 36 | VZ | Verizon Communications Inc | -0.2% | -20.73% | 減碼 |
| 37 | MSFT | Microsoft CORP | -0.3% | -0.24% | 減碼 |
| 38 | TTE | TotalEnergies SE | — | NEW | 新建倉 |
| 39 | TTEN | Totalenergies Se -spon Adr | — | EXIT | 清倉 |
| 40 | AXP | American Express Co | — | NEW | 新建倉 |
| 41 | KVUE | Kenvue Inc | — | EXIT | 清倉 |
| 42 | CME | Cme Group Inc | — | NEW | 新建倉 |
| 43 | UL | Unilever Plc-sponsored Adr | — | NEW | 新建倉 |
| 44 | DHR | Danaher CORP | — | NEW | 新建倉 |
| 45 | MMM | 3m Co | — | NEW | 新建倉 |
| 46 | MO | Altria Group Inc | — | NEW | 新建倉 |
| 47 | ARE | Alexandria Real Estate Equit | — | EXIT | 清倉 |
| 48 | UL | Unilever PLC | — | EXIT | 清倉 |
| 49 | WDAY | Workday Inc-class A | — | EXIT | 清倉 |
| 50 | MRK | Merck & Co. Inc. | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，First Bank & Trust 在 Q4 2025 季度的美股持倉總市值約為 US$6.8億，共申報了 260 個公開持股部位。
在 Q4 2025 季度，First Bank & Trust 按市值排列的前三大核心持股分別為：VTI (11.6%)、VEA (8.1%)、AGG (5.0%)。其中最大持股部位 VTI 佔據整體投資組合約 11.6% 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
TTE
市值: US$487.1萬
本季最大獲利了結 / 清倉標的
TTEN
前期市值: US$450.1萬
在 Q4 2025 季度中，First Bank & Trust 共進行了 48 項持倉異動，包含新建倉 8 個部位、加碼 22 個部位、減碼 13 個部位以及清倉 5 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。