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: 0001540880
申報總市值
US$209.3億
US$209.3億
465 檔
13.5%
Q3 2025 季度申報顯示，Fjarde Ap-fonden /fourth Swedish National Pension Fund 揭露的美股組合總市值為 US$209.3億，涵蓋 465 個不同之權益投資部位。
在 Q3 2025，Fjarde Ap-fonden /fourth Swedish National Pension Fund 操作展現出積極擴展與加碼意向。本季共新建倉 4 個新部位，並對 163 個既有持股進行加碼（合計增持 167 檔），相較減碼與清倉部位顯著佔優。
檢視投資組合結構，前 5 大主力部位（包含 NVDA, AAPL, MSFT）占據了總市值的 13.5%，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 465 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 | NVDA | Nvidia CORP | 股票-科技 | 7.09% | -0.20% | +2.38% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 5.84% | +0.07% | +0.92% | |
| 3 | MSFT | Microsoft CORP | 股票-科技 | 5.75% | -0.40% | +2.17% | |
| 4 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.90% | +0.06% | +1.11% | |
| 5 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 2.71% | -0.29% | +0.46% | |
| 6 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 2.29% | +0.21% | +0.28% | |
| 7 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 2.02% | — | +2.48% | |
| 8 | AVGO | Broadcom Inc | 股票-科技 | 2.01% | +0.56% | +2.27% | |
| 9 | V | Visa Inc-class A Shares | 股票-金融 | 1.58% | -0.06% | -1.54% | |
| 10 | LLY | Eli Lilly & Co | 股票-醫療保健 | 1.41% | -0.16% | -2.43% | |
| 11 | JNJ | Johnson & Johnson | 股票-醫療保健 | 1.29% | -0.10% | +0.97% | |
| 12 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.21% | -0.03% | +1.77% | |
| 13 | NFLX | Netflix Inc | 股票-通訊服務 | 1.19% | -0.33% | +0.44% | |
| 14 | MA | Mastercard Inc - A | 股票-金融 | 1.11% | -0.14% | +6.84% | |
| 15 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 1.10% | -0.09% | +7.65% | |
| 16 | WMT | Walmart Inc | 股票-非循環性消費 | 1.01% | -0.24% | -0.69% | |
| 17 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.99% | -0.11% | +0.39% | |
| 18 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.91% | -0.20% | -0.87% | |
| 19 | CSCO | Cisco Systems Inc | 股票-科技 | 0.85% | +0.19% | +3.03% | |
| 20 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 0.81% | -0.04% | +0.07% | |
| 21 | KO | Coca-cola Co/the | 股票-非循環性消費 | 0.73% | -0.08% | +2.77% | |
| 22 | GE | General Electric | 股票-工業 | 0.70% | +0.25% | -1.03% | |
| 23 | ORCL | Oracle CORP | 股票-科技 | 0.68% | -0.04% | +2.76% | |
| 24 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.67% | -0.01% | -0.65% | |
| 25 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.67% | +0.02% | -0.25% | |
| 26 | LIN | Linde plc | 股票-原物料 | 0.65% | -0.03% | +184.02% | |
| 27 | TSLA | Tesla Inc | 股票-循環性消費 | 0.63% | +0.14% | +27.68% | |
| 28 | ABT | Abbott Laboratories | 股票-醫療保健 | 0.62% | -0.21% | +7.23% | |
| 29 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 0.57% | -0.14% | +5.95% | |
| 30 | PEP | Pepsico Inc | 股票-非循環性消費 | 0.56% | -0.10% | -3.28% | |
| 31 | HD | Home Depot Inc | 股票-循環性消費 | 0.56% | -0.03% | +2.51% | |
| 32 | T | At&t Inc | 股票-通訊服務 | 0.53% | -0.22% | +18.19% | |
| 33 | MCD | Mcdonald's CORP | 股票-循環性消費 | 0.52% | -0.10% | -1.73% | |
| 34 | BAC | Bank Of America CORP | 股票-金融 | 0.52% | — | -1.33% | |
| 35 | IBM | Intl Business Machines CORP | 股票-科技 | 0.51% | +0.03% | -2.67% | |
| 36 | INTU | Intuit Inc | 股票-科技 | 0.51% | -0.16% | +16.54% | |
| 37 | CAT | Caterpillar Inc | 股票-工業 | 0.50% | +0.17% | +3.32% | |
| 38 | PGR | Progressive CORP | 股票-金融 | 0.49% | -0.02% | +0.44% | |
| 39 | BKR | Baker Hughes Co | 股票-能源 | 0.45% | -0.02% | -2.72% | |
| 40 | ACN | Accenture plc | 股票-科技 | 0.44% | -0.16% | +2.63% | |
| 41 | UBER | Uber Technologies Inc | 股票-工業 | 0.44% | -0.13% | -1.51% | |
| 42 | TJX | Tjx Companies Inc | 股票-循環性消費 | 0.43% | -0.06% | -1.20% | |
| 43 | VZ | Verizon Communications Inc | 股票-通訊服務 | 0.43% | -0.11% | -3.03% | |
| 44 | QCOM | Qualcomm Inc | 股票-科技 | 0.43% | +0.03% | +0.28% | |
| 45 | TMUS | T-mobile US Inc | 股票-通訊服務 | 0.42% | -0.07% | +7.79% | |
| 46 | LRCX | Lam Research CORP | 股票-科技 | 0.42% | +0.50% | -1.42% | |
| 47 | CRM | Salesforce Inc | 股票-科技 | 0.40% | -0.12% | +28.77% | |
| 48 | ADBE | Adobe Inc | 股票-科技 | 0.40% | -0.10% | +3.52% | |
| 49 | MCK | Mckesson CORP | 股票-醫療保健 | 0.40% | -0.07% | +1.86% | |
| 50 | MRSH | Marsh & Mclennan Cos | 股票-金融 | 0.39% | -0.02% | +1.79% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | +2.5% | +2.38% | 加碼 |
| 2 | MSFT | Microsoft CORP | +1.1% | +2.17% | 加碼 |
| 3 | AVGO | Broadcom Inc | +0.9% | +2.27% | 加碼 |
| 4 | GOOGL | Alphabet Inc-cl A | +0.6% | +0.28% | 加碼 |
| 5 | GOOG | Alphabet Inc-cl C | +0.6% | +2.48% | 加碼 |
| 6 | LIN | Linde plc | +0.6% | +184.02% | 加碼 |
| 7 | GE | General Electric | +0.4% | -1.03% | 加碼 |
| 8 | UBER | Uber Technologies Inc | +0.4% | -1.51% | 加碼 |
| 9 | PLTR | Palantir Technologies Inc-a | +0.3% | +5.95% | 加碼 |
| 10 | META | Meta Platforms Inc-class A | +0.3% | +0.46% | 加碼 |
| 11 | ORCL | Oracle CORP | +0.3% | +2.76% | 加碼 |
| 12 | ABT | Abbott Laboratories | +0.2% | +7.23% | 加碼 |
| 13 | WMT | Walmart Inc | +0.2% | -0.69% | 加碼 |
| 14 | UNP | Union Pacific CORP | +0.2% | +2.07% | 加碼 |
| 15 | ETN | Eaton Corporation plc | +0.2% | +4.47% | 加碼 |
| 16 | ECL | Ecolab Inc | +0.2% | +1097.74% | 加碼 |
| 17 | LRCX | Lam Research CORP | +0.2% | -1.42% | 加碼 |
| 18 | ANET | Arista Networks Inc | +0.2% | +1.27% | 加碼 |
| 19 | JPM | Jpmorgan Chase & Co | +0.1% | +1.77% | 加碼 |
| 20 | NFLX | Netflix Inc | +0.1% | +0.44% | 加碼 |
| 21 | NXPI | NXP Semiconductors N.V. | +0.1% | +167.50% | 加碼 |
| 22 | CSX | Csx CORP | +0.1% | +0.35% | 加碼 |
| 23 | NSC | Norfolk Southern CORP | +0.1% | -0.18% | 加碼 |
| 24 | MU | Micron Technology Inc | +0.1% | +2.19% | 加碼 |
| 25 | CTVA | Corteva Inc | +0.1% | +493.16% | 加碼 |
| 26 | CCK | Crown Holdings Inc | +0.1% | +1392.86% | 加碼 |
| 27 | CAT | Caterpillar Inc | +0.1% | +3.32% | 加碼 |
| 28 | AMD | Advanced Micro Devices | +0.1% | -0.62% | 加碼 |
| 29 | APP | Applovin Corp-class A | +0.1% | -29.20% | 減碼 |
| 30 | INTU | Intuit Inc | +0.1% | +16.54% | 加碼 |
| 31 | APH | Amphenol Corp-cl A | +0.1% | -1.27% | 減碼 |
| 32 | HWM | Howmet Aerospace Inc | +0.1% | -1.31% | 加碼 |
| 33 | HOOD | Robinhood Markets Inc - A | +0.1% | -28.62% | 減碼 |
| 34 | APTV | Aptiv PLC | +0.1% | +1259.16% | 加碼 |
| 35 | BAC | Bank Of America CORP | +0.1% | -1.33% | 加碼 |
| 36 | GS | Goldman Sachs Group Inc | +0.1% | +1.63% | 加碼 |
| 37 | COR | Cencora Inc | +0.1% | -0.38% | 加碼 |
| 38 | KLAC | Kla CORP | +0.1% | -1.16% | 加碼 |
| 39 | RBLX | Roblox CORP -class A | +0.1% | +5.75% | 加碼 |
| 40 | COF | Capital One Financial CORP | +0.1% | -1.28% | 加碼 |
| 41 | MNST | Monster Beverage CORP | +0.1% | +6.03% | 加碼 |
| 42 | HCA | Hca Healthcare Inc | +0.1% | +13.94% | 加碼 |
| 43 | SHW | Sherwin-williams Co/the | +0.1% | +103.84% | 加碼 |
| 44 | VRT | Vertiv Holdings Co-a | +0.1% | +19.87% | 加碼 |
| 45 | ODFL | Old Dominion Freight Line | +0.1% | -0.67% | 加碼 |
| 46 | AMAT | Applied Materials Inc | +0.1% | -0.14% | 加碼 |
| 47 | NOW | Servicenow Inc | +0.1% | +18.09% | 加碼 |
| 48 | C | Citigroup Inc | +0.1% | +1.60% | 加碼 |
| 49 | MS | Morgan Stanley | +0.1% | +1.67% | 加碼 |
| 50 | INTC | Intel CORP | +0.1% | +1.74% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Fjarde Ap-fonden /fourth Swedish National Pension Fund 在 Q3 2025 季度的美股持倉總市值約為 US$209.3億，共申報了 465 個公開持股部位。
在 Q3 2025 季度，Fjarde Ap-fonden /fourth Swedish National Pension Fund 按市值排列的前三大核心持股分別為：NVDA (7.1%)、AAPL (5.8%)、MSFT (5.8%)。其中最大持股部位 NVDA 佔據整體投資組合約 7.1% 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
SOFI
市值: US$702.5萬
本季最大獲利了結 / 清倉標的
WELL
前期市值: US$1886.6萬
在 Q3 2025 季度中，Fjarde Ap-fonden /fourth Swedish National Pension Fund 共進行了 200 項持倉異動，包含新建倉 4 個部位、加碼 163 個部位、減碼 10 個部位以及清倉 23 個部位。 其中最大新建倉標的為 SOFI。 本季清倉部位包含 WELL。
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。