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: 0001378559
申報總市值
US$3.0億
US$3.0億
123 檔
29.4%
在 Q2 2025 申報期間，First Dallas Securities Inc.（CIK: 0001378559）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$3.0億，共持有 123 個公開申報部位。
在 Q2 2025 期間，First Dallas Securities Inc. 展現了靈活的資產再平衡步調，透過出清 3 檔弱勢或達到目標價部位，將資金轉置於 9 檔新建倉標的之中。
在資產配置集中度方面，First Dallas Securities Inc. 的前 5 大核心持股（包含 NVDA, TPL, AAPL 等）合計佔整體申報市值的 29.4%，反映機構在主要關鍵部位上的權重分佈。
| # | 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 | 13.05% | +0.46% | -0.46% | |
| 2 | TPL | Texas Pacific Land CORP | 股票-能源 | 9.70% | -2.20% | -7.50% | |
| 3 | AAPL | Apple Inc | 股票-科技 | 5.65% | +0.13% | -2.94% | |
| 4 | AMZN | Amazon.com Inc | 股票-循環性消費 | 3.45% | +0.34% | +10.30% | |
| 5 | MSFT | Microsoft CORP | 股票-科技 | 3.29% | -0.34% | -2.76% | |
| 6 | UBER | Uber Technologies Inc | 股票-工業 | 2.90% | -0.29% | -9.11% | |
| 7 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 2.78% | -0.25% | +6.75% | |
| 8 | OKE | Oneok Inc | 股票-能源 | 2.30% | -0.49% | -2.45% | |
| 9 | BA | Boeing Co/the | 股票-工業 | 2.30% | -0.05% | +77.00% | |
| 10 | XOM | Exxon Mobil CORP | 股票-能源 | 2.08% | -0.82% | -3.52% | |
| 11 | FCX | Freeport-mcmoran Inc | 股票-原物料 | 1.90% | -0.17% | -2.45% | |
| 12 | DKNG | Draftkings Inc-cl A | 股票-循環性消費 | 1.69% | -0.30% | +7.36% | |
| 13 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.61% | -0.01% | -2.22% | |
| 14 | CAT | Caterpillar Inc | 股票-工業 | 1.53% | +0.58% | +0.86% | |
| 15 | IBM | Intl Business Machines CORP | 股票-科技 | 1.49% | -0.48% | EXIT | |
| 16 | VST | Vistra CORP | 股票-公用事業 | 1.47% | — | -21.56% | |
| 17 | LLY | Eli Lilly & Co | 股票-醫療保健 | 1.37% | -0.10% | +0.11% | |
| 18 | WYNN | Wynn Resorts LTD | 股票-循環性消費 | 1.36% | — | -26.40% | |
| 19 | HD | Home Depot Inc | 股票-循環性消費 | 1.36% | -0.02% | -3.83% | |
| 20 | SN | SharkNinja, Inc. | 股票-循環性消費 | 1.33% | +0.33% | +42.61% | |
| 21 | KEX | Kirby CORP | 股票-工業 | 1.31% | -0.13% | -0.51% | |
| 22 | EXP | Eagle Materials Inc | 股票-原物料 | 1.26% | +0.05% | +2.14% | |
| 23 | ABBV | Abbvie Inc | 股票-醫療保健 | 1.22% | -0.05% | -4.90% | |
| 24 | ETD | Ethan Allen Interiors Inc | 股票-其他 | 1.20% | +0.04% | -4.48% | |
| 25 | EXE | Expand Energy CORP | 股票-能源 | 1.19% | -0.25% | -2.81% | |
| 26 | WMT | Walmart Inc | 股票-非循環性消費 | 1.12% | -0.26% | -1.68% | |
| 27 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 1.06% | -0.19% | — | |
| 28 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 1.05% | +0.21% | -4.19% | |
| 29 | T | At&t Inc | 股票-通訊服務 | 0.98% | -0.30% | -6.92% | |
| 30 | C | Citigroup Inc | 股票-金融 | 0.95% | +0.07% | +72.06% | |
| 31 | CLF | Cleveland-cliffs Inc | 股票-原物料 | 0.94% | -0.16% | +27.24% | |
| 32 | BAC | Bank Of America CORP | 股票-金融 | 0.77% | -0.05% | -16.55% | |
| 33 | XEL | Xcel Energy Inc | 股票-公用事業 | 0.68% | -0.06% | -3.26% | |
| 34 | CSWC | Capital Southwest CORP | 股票-其他 | 0.67% | -0.02% | +7.20% | |
| 35 | MU | Micron Technology Inc | 股票-科技 | 0.67% | +1.18% | -6.32% | |
| 36 | MRP | Millrose Properties | 股票-房地產 | 0.64% | -0.03% | — | |
| 37 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.64% | -0.16% | -5.42% | |
| 38 | AXP | American Express Co | 股票-金融 | 0.61% | — | -5.60% | |
| 39 | WFC | Wells Fargo & Co | 股票-金融 | 0.59% | -0.10% | -3.10% | |
| 40 | AMGN | Amgen Inc | 股票-醫療保健 | 0.56% | -0.05% | -18.91% | |
| 41 | MTZ | Mastec Inc | 股票-工業 | 0.56% | -0.16% | -5.65% | |
| 42 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 0.56% | +0.36% | NEW | |
| 43 | UPS | United Parcel Service-cl B | 股票-工業 | 0.55% | -0.03% | +20.13% | |
| 44 | SCHW | Schwab (charles) CORP | 股票-金融 | 0.54% | -0.04% | -17.96% | |
| 45 | CMC | Commercial Metals Co | 股票-工業 | 0.52% | -0.05% | -10.35% | |
| 46 | WHR | Whirlpool CORP | 股票-循環性消費 | 0.50% | -0.72% | +28.15% | |
| 47 | RHP | Ryman Hospitality Properties | 股票-房地產 | 0.50% | +0.34% | — | |
| 48 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 0.49% | -0.14% | +33.73% | |
| 49 | VZ | Verizon Communications Inc | 股票-通訊服務 | 0.47% | -0.12% | -5.61% | |
| 50 | AEP | American Electric Power | 股票-公用事業 | 0.46% | -0.05% | -5.95% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | +3.6% | -0.46% | 減碼 |
| 2 | BA | Boeing Co/the | +1.2% | +77.00% | 加碼 |
| 3 | MRP | Millrose Properties | +0.6% | NEW | 新建倉 |
| 4 | META | Meta Platforms Inc-class A | +0.6% | +6.75% | 加碼 |
| 5 | MSFT | Microsoft CORP | +0.6% | -2.76% | 減碼 |
| 6 | AMZN | Amazon.com Inc | +0.6% | +10.30% | 加碼 |
| 7 | SN | SharkNinja, Inc. | +0.5% | +42.61% | 加碼 |
| 8 | RHP | Ryman Hospitality Properties | +0.5% | NEW | 新建倉 |
| 9 | C | Citigroup Inc | +0.5% | +72.06% | 加碼 |
| 10 | DKNG | Draftkings Inc-cl A | +0.4% | +7.36% | 加碼 |
| 11 | UBER | Uber Technologies Inc | +0.3% | -9.11% | 減碼 |
| 12 | VST | Vistra CORP | +0.3% | -21.56% | 減碼 |
| 13 | ✓ | Cyberark Software LTD. Cmn | +0.3% | NEW | 新建倉 |
| 14 | PLTR | Palantir Technologies Inc-a | +0.3% | +33.73% | 加碼 |
| 15 | RH | Rh | +0.2% | NEW | 新建倉 |
| 16 | TSM | Taiwan Semiconductor-sp Adr | +0.2% | -4.19% | 減碼 |
| 17 | CRS | Carpenter Technology | +0.2% | +38.53% | 加碼 |
| 18 | CAT | Caterpillar Inc | +0.2% | +0.86% | 加碼 |
| 19 | WULF | Terawulf Inc | +0.2% | +126.50% | 加碼 |
| 20 | POWL | Powell Industries Inc | +0.2% | NEW | 新建倉 |
| 21 | GEO | Geo Group Inc/the | +0.2% | NEW | 新建倉 |
| 22 | TSLA | Tesla Inc | +0.2% | +80.65% | 加碼 |
| 23 | MU | Micron Technology Inc | +0.1% | -6.32% | 減碼 |
| 24 | JPM | Jpmorgan Chase & Co | +0.1% | -2.22% | 減碼 |
| 25 | MTZ | Mastec Inc | +0.1% | -5.65% | 減碼 |
| 26 | WHR | Whirlpool CORP | +0.1% | +28.15% | 加碼 |
| 27 | NBIS | Nebius Group N.V. | +0.1% | NEW | 新建倉 |
| 28 | IBM | Intl Business Machines CORP | +0.1% | -3.38% | 減碼 |
| 29 | VRT | Vertiv Holdings Co-a | +0.1% | +32.44% | 加碼 |
| 30 | ETN | Eaton Corporation plc | +0.1% | NEW | 新建倉 |
| 31 | FCX | Freeport-mcmoran Inc | +0.1% | -2.45% | 減碼 |
| 32 | CLF | Cleveland-cliffs Inc | +0.1% | +27.24% | 加碼 |
| 33 | GEV | GE Vernova Inc | +0.1% | NEW | 新建倉 |
| 34 | KEX | Kirby CORP | +0.1% | -0.51% | 減碼 |
| 35 | SYM | Symbotic Inc | -0.1% | EXIT | 清倉 |
| 36 | STKL | Sunopta Inc | -0.1% | EXIT | 清倉 |
| 37 | MCD | Mcdonald's CORP | -0.2% | -39.64% | 減碼 |
| 38 | HR | Healthcare Realty Trust Inc | -0.3% | -34.12% | 減碼 |
| 39 | AMGN | Amgen Inc | -0.3% | -18.91% | 減碼 |
| 40 | ABNB | Airbnb Inc-class A | -0.3% | -67.74% | 減碼 |
| 41 | ABBV | Abbvie Inc | -0.3% | -4.90% | 減碼 |
| 42 | WYNN | Wynn Resorts LTD | -0.4% | -26.40% | 減碼 |
| 43 | MRK | Merck & Co. Inc. | -0.4% | -42.28% | 減碼 |
| 44 | XOM | Exxon Mobil CORP | -0.4% | -3.52% | 減碼 |
| 45 | DVN | Devon Energy CORP | -0.5% | -43.34% | 減碼 |
| 46 | GOOG | Alphabet Inc-cl C | -0.5% | -78.56% | 減碼 |
| 47 | OKE | Oneok Inc | -0.7% | -2.45% | 減碼 |
| 48 | AAPL | Apple Inc | -1% | -2.94% | 減碼 |
| 49 | ET | Energy Transfer LP | -1.4% | EXIT | 清倉 |
| 50 | TPL | Texas Pacific Land CORP | -4.2% | -7.50% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，First Dallas Securities Inc. 在 Q2 2025 季度的美股持倉總市值約為 US$3.0億，共申報了 123 個公開持股部位。
在 Q2 2025 季度，First Dallas Securities Inc. 按市值排列的前三大核心持股分別為：NVDA (13.1%)、TPL (9.7%)、AAPL (5.7%)。其中最大持股部位 NVDA 佔據整體投資組合約 13.1% 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
MRP
市值: US$162.5萬
本季最大獲利了結 / 清倉標的
ET
前期市值: US$338.1萬
在 Q2 2025 季度中，First Dallas Securities Inc. 共進行了 50 項持倉異動，包含新建倉 9 個部位、加碼 14 個部位、減碼 24 個部位以及清倉 3 個部位。 其中最大新建倉標的為 MRP。 本季清倉部位包含 ET。
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。