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: 0001081407
申報總市值
US$156.5億
US$156.5億
1243 檔
7.3%
在 Q3 2025 申報期間，Gabelli Funds LLC（CIK: 0001081407）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$156.5億，共持有 1243 個公開申報部位。
從 Q3 2025 申報觀察，Gabelli Funds LLC 採取防禦導向的調倉策略，本季減碼 83 檔個股並出清 34 檔部位，顯示機構在該時期進行風險控制與流動性回收。
從部位權重觀察，前 5 大標的（包含 MSFT, NVDA, NEM）累計市值佔比達 7.3%，是驅動 Gabelli Funds LLC 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 1243 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 | MSFT | Microsoft CORP | 股票-科技 | 1.84% | -0.08% | -0.52% | |
| 2 | NVDA | Nvidia CORP | 股票-科技 | 1.60% | +0.14% | -0.93% | |
| 3 | NEM | Newmont CORP | 股票-原物料 | 1.52% | -0.37% | +3.04% | |
| 4 | NFG | National Fuel Gas Co | 股票-能源 | 1.48% | -0.33% | -0.80% | |
| 5 | MA | Mastercard Inc - A | 股票-金融 | 1.34% | -0.06% | -3.21% | |
| 6 | AME | Ametek Inc | 股票-工業 | 1.21% | — | -1.60% | |
| 7 | AXP | American Express Co | 股票-金融 | 1.12% | +0.03% | -4.28% | |
| 8 | SONY | Sony Group CORP - Sp Adr | 股票-科技 | 1.10% | -0.09% | -4.15% | |
| 9 | GATX | Gatx CORP | 股票-工業 | 1.10% | -0.06% | -4.01% | |
| 10 | BNY | Bank Of New York Mellon CORP | 股票-金融 | 1.06% | +0.07% | -4.16% | |
| 11 | NEE | Nextera Energy Inc | 股票-公用事業 | 1.02% | -0.15% | -1.64% | |
| 12 | MLI | Mueller Industries Inc | 股票-工業 | 1.01% | -0.09% | -9.11% | |
| 13 | KKR | Kkr & Co Inc | 股票-金融 | 0.95% | -0.19% | -0.81% | |
| 14 | CR | Crane Co | 股票-工業 | 0.95% | +0.12% | -2.00% | |
| 15 | AMZN | Amazon.com Inc | 股票-循環性消費 | 0.94% | +0.08% | +0.10% | |
| 16 | LEN-B | Lennar CORP - B Shs | 股票-其他 | 0.93% | -0.01% | -0.44% | |
| 17 | RSG | Republic Services Inc | 股票-工業 | 0.89% | -0.08% | -4.89% | |
| 18 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.84% | -0.04% | -1.44% | |
| 19 | ORLY | O'reilly Automotive Inc | 股票-循環性消費 | 0.80% | -0.04% | -2.11% | |
| 20 | DE | Deere & Co | 股票-工業 | 0.80% | +0.05% | -0.82% | |
| 21 | AAPL | Apple Inc | 股票-科技 | 0.73% | -0.01% | -9.53% | |
| 22 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.73% | +0.01% | -3.48% | |
| 23 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.70% | +0.12% | -2.76% | |
| 24 | BRK-A | Berkshire Hathaway Inc-cl A | 股票-其他 | 0.69% | -0.01% | -0.73% | |
| 25 | GE | General Electric | 股票-工業 | 0.67% | +0.09% | -5.81% | |
| 26 | GPC | Genuine Parts Co | 股票-循環性消費 | 0.65% | +0.11% | -0.91% | |
| 27 | KGC | Kinross Gold CORP | 股票-原物料 | 0.64% | -0.10% | -13.82% | |
| 28 | AVGO | Broadcom Inc | 股票-科技 | 0.64% | +0.08% | -0.14% | |
| 29 | NFLX | Netflix Inc | 股票-通訊服務 | 0.61% | -0.19% | -4.69% | |
| 30 | MSGS | Madison Square Garden Sports | 股票-通訊服務 | 0.60% | +0.15% | +0.61% | |
| 31 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 0.57% | +0.12% | -1.49% | |
| 32 | TXT | Textron Inc | 股票-工業 | 0.56% | — | +0.70% | |
| 33 | XOM | Exxon Mobil CORP | 股票-能源 | 0.55% | -0.17% | +0.28% | |
| 34 | EVRG | Evergy Inc | 股票-公用事業 | 0.55% | -0.02% | -1.60% | |
| 35 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.54% | +0.15% | +0.57% | |
| 36 | SWX | Southwest Gas Holdings Inc | 股票-公用事業 | 0.54% | -0.03% | -3.66% | |
| 37 | CNH | CNH Industrial N.V. | 股票-工業 | 0.51% | -0.02% | +2.11% | |
| 38 | CVX | Chevron CORP | 股票-能源 | 0.50% | -0.17% | +43.36% | |
| 39 | HON | Honeywell International Inc | 股票-工業 | 0.48% | -0.52% | EXIT | |
| 40 | WPM | Wheaton Precious Metals CORP | 股票-原物料 | 0.48% | -0.03% | -6.32% | |
| 41 | ITT | Itt Inc | 股票-工業 | 0.47% | +0.02% | -1.11% | |
| 42 | AEP | American Electric Power | 股票-公用事業 | 0.46% | -0.01% | -1.15% | |
| 43 | WEC | Wec Energy Group Inc | 股票-公用事業 | 0.46% | -0.02% | -1.86% | |
| 44 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.46% | -0.05% | -0.26% | |
| 45 | XYL | Xylem Inc | 股票-工業 | 0.46% | -0.02% | -1.77% | |
| 46 | TXN | Texas Instruments Inc | 股票-科技 | 0.45% | +0.20% | +0.25% | |
| 47 | V | Visa Inc-class A Shares | 股票-金融 | 0.44% | +0.03% | -0.44% | |
| 48 | FLS | Flowserve CORP | 股票-工業 | 0.43% | -0.02% | +0.60% | |
| 49 | TDS | Telephone And Data Systems | 股票-通訊服務 | 0.42% | -0.07% | -15.95% | |
| 50 | OKE | Oneok Inc | 股票-能源 | 0.41% | -0.05% | -0.37% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | +0.5% | -0.93% | 減碼 |
| 2 | NEM | Newmont CORP | +0.5% | +3.04% | 減碼 |
| 3 | MSFT | Microsoft CORP | +0.3% | -0.52% | 減碼 |
| 4 | AVGO | Broadcom Inc | +0.3% | -0.14% | 加碼 |
| 5 | KGC | Kinross Gold CORP | +0.2% | -13.82% | 減碼 |
| 6 | EQX | Equinox Gold CORP | +0.2% | +29.34% | 加碼 |
| 7 | GTLS | Chart Industries Inc | +0.2% | +414.90% | 加碼 |
| 8 | GEV | GE Vernova Inc | +0.2% | -3.30% | 加碼 |
| 9 | GE | General Electric | +0.1% | -5.81% | 減碼 |
| 10 | IAG | Iamgold CORP | +0.1% | +6.57% | 加碼 |
| 11 | ORCL | Oracle CORP | +0.1% | -0.60% | 加碼 |
| 12 | WBD | Warner Bros Discovery Inc | +0.1% | -2.41% | 減碼 |
| 13 | CW | Curtiss-wright CORP | +0.1% | -1.94% | 減碼 |
| 14 | CVX | Chevron CORP | +0.1% | +43.36% | 加碼 |
| 15 | ITT | Itt Inc | +0.1% | -1.11% | 加碼 |
| 16 | AU | AngloGold Ashanti plc | +0.1% | -9.75% | 減碼 |
| 17 | GOOGL | Alphabet Inc-cl A | +0.1% | -1.49% | 減碼 |
| 18 | SPHR | Sphere Entertainment Co | +0.1% | -2.66% | 減碼 |
| 19 | CCJ | Cameco CORP | +0.1% | -0.46% | 減碼 |
| 20 | ECHO | Echostar Corp-a | +0.1% | -20.21% | 減碼 |
| 21 | GOOG | Alphabet Inc-cl C | +0.1% | -2.76% | 減碼 |
| 22 | MOD | Modine Manufacturing Co | +0.1% | -21.30% | 減碼 |
| 23 | TXNM | Txnm Energy Inc | +0.1% | +18.33% | 加碼 |
| 24 | REZI | Resideo Technologies Inc | +0.1% | -8.39% | 減碼 |
| 25 | HWM | Howmet Aerospace Inc | +0.1% | — | 加碼 |
| 26 | MRP | Millrose Properties | +0.1% | +34.85% | 加碼 |
| 27 | BNY | Bank Of New York Mellon CORP | +0.1% | -4.16% | 減碼 |
| 28 | MLI | Mueller Industries Inc | +0.1% | -9.11% | 減碼 |
| 29 | META | Meta Platforms Inc-class A | +0.1% | -1.44% | 減碼 |
| 30 | JPM | Jpmorgan Chase & Co | +0.1% | -3.48% | 減碼 |
| 31 | CAT | Caterpillar Inc | +0.1% | -2.73% | 減碼 |
| 32 | RCI | Rogers Communications Inc-b | +0.1% | +3.97% | 加碼 |
| 33 | EGO | Eldorado Gold CORP | +0.1% | +11.82% | 減碼 |
| 34 | URI | United Rentals Inc | +0.1% | -5.02% | 減碼 |
| 35 | PAAS | Pan American Silver CORP | +0.1% | +10.51% | 加碼 |
| 36 | IBKR | Interactive Brokers Gro-cl A | +0.1% | -5.24% | 加碼 |
| 37 | GLW | Corning Inc | +0.1% | -2.71% | 減碼 |
| 38 | SYU1 | Synovus Financial CORP | +0.1% | +33.71% | 加碼 |
| 39 | SMP | Standard Motor Prods | +0.1% | +5.52% | 加碼 |
| 40 | CXT | Crane Nxt Co | +0.1% | -0.02% | 加碼 |
| 41 | ZIMV | Zimvie Inc | +0.1% | +262.59% | 加碼 |
| 42 | NFLX | Netflix Inc | +0.1% | -4.69% | 減碼 |
| 43 | ETN | Eaton Corporation plc | +0.1% | -0.02% | 加碼 |
| 44 | ANET | Arista Networks Inc | +0.1% | — | 加碼 |
| 45 | STRT | Strattec Security CORP | +0.1% | +342.63% | 加碼 |
| 46 | NXST | Nexstar Media Group Inc | +0.1% | -0.79% | 加碼 |
| 47 | FSS | Federal Signal CORP | +0.1% | -3.47% | 減碼 |
| 48 | HTZ | Hertz Global Hldgs Inc | +0.1% | +390.08% | 加碼 |
| 49 | CR | Crane Co | 0% | -2.00% | 減碼 |
| 50 | WPM | Wheaton Precious Metals CORP | 0% | -6.32% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Gabelli Funds LLC 在 Q3 2025 季度的美股持倉總市值約為 US$156.5億，共申報了 1243 個公開持股部位。
在 Q3 2025 季度，Gabelli Funds LLC 按市值排列的前三大核心持股分別為：MSFT (1.8%)、NVDA (1.6%)、NEM (1.5%)。其中最大持股部位 MSFT 佔據整體投資組合約 1.8% 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
B
市值: US$4119.9萬
本季最大獲利了結 / 清倉標的
HES
前期市值: US$5379.7萬
在 Q3 2025 季度中，Gabelli Funds LLC 共進行了 200 項持倉異動，包含新建倉 40 個部位、加碼 43 個部位、減碼 83 個部位以及清倉 34 個部位。 其中最大新建倉標的為 B。 本季清倉部位包含 HES。
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。