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: 0002047540
申報總市值
US$21.1億
US$21.1億
383 檔
7.3%
在 Q2 2025 的 13F 官方備案中，Generali Investments CEE, investicni spolecnost, a.s. 管理的美股投資組合規模來到 US$21.1億，整體持股檔數為 383 檔。
Generali Investments CEE, investicni spolecnost, a.s. 於 Q2 2025 展現出進攻型調倉步調，本季推動了 2 檔股票的新建倉與 31 檔既有部位加碼，整體資金傾向擴大在美股市場的曝險佈局。
在資產配置集中度方面，Generali Investments CEE, investicni spolecnost, a.s. 的前 5 大核心持股（包含 SPY, RSP, ERSTE GROUP BANK AG 等）合計佔整體申報市值的 7.3%，反映機構在主要關鍵部位上的權重分佈。
僅顯示前 200 大持股（共 383 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 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 3.90% | +0.10% | — | |
| 2 | RSP | Invesco S&p 500 Equal Weight | ETF-大型股與成長 | 2.90% | +0.01% | -11.02% | |
| 3 | ✓ | Erste Group Bank AG | 股票-其他 | 2.07% | -0.09% | -7.47% | |
| 4 | NVDA | Nvidia CORP | 股票-科技 | 2.01% | +0.16% | +22.17% | |
| 5 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 1.72% | +0.20% | +56.96% | |
| 6 | MSFT | Microsoft CORP | 股票-科技 | 1.71% | +0.26% | -1.98% | |
| 7 | ✓ | Omv AG | 股票-其他 | 1.58% | -0.37% | -0.48% | |
| 8 | AMZN | Amazon.com Inc | 股票-循環性消費 | 1.52% | +0.06% | +5.34% | |
| 9 | IVV | Ishares Core S&p 500 ETF | ETF-大型股與成長 | 1.38% | +0.04% | — | |
| 10 | ✓ | InPost SA | 股票-其他 | 1.31% | -0.11% | +9.18% | |
| 11 | IBB | Ishares Biotechnology ETF | ETF-科技型 | 1.21% | +0.02% | +35.02% | |
| 12 | AMD | Advanced Micro Devices | 股票-科技 | 1.20% | +0.73% | +13.67% | |
| 13 | KSPI | Jsc Kaspi.kz Adr | 股票-其他 | 1.18% | -0.05% | +23.69% | |
| 14 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.17% | +0.06% | +1.31% | |
| 15 | AAPL | Apple Inc | 股票-科技 | 1.16% | -0.01% | +2.02% | |
| 16 | ✓ | Vonovia SE | 股票-其他 | 1.15% | -0.08% | +12.87% | |
| 17 | AVGO | Broadcom Inc | 股票-科技 | 1.03% | +0.05% | -0.43% | |
| 18 | DIS | Walt Disney Co/the | 股票-通訊服務 | 0.95% | -0.05% | +8.48% | |
| 19 | ✓ | 股票-其他 | 0.94% | +0.08% | +5.61% | ||
| 20 | V | Visa Inc-class A Shares | 股票-金融 | 0.93% | +0.01% | +5.84% | |
| 21 | ✓ | Allegro EU SA | 股票-其他 | 0.92% | +0.09% | -19.69% | |
| 22 | ✓ | Sap Se Ordf | 股票-其他 | 0.90% | -0.08% | +0.32% | |
| 23 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 0.85% | +0.05% | -1.03% | |
| 24 | AXP | American Express Co | 股票-金融 | 0.84% | -0.04% | +3.69% | |
| 25 | SSNHZ | Samsung Electr-gdr Reg S | 股票-其他 | 0.84% | +0.40% | +11.47% | |
| 26 | NATKY | Nac Kazatomprom Jsc-gdr Regs | 股票-其他 | 0.84% | -0.10% | — | |
| 27 | IBM | Intl Business Machines CORP | 股票-科技 | 0.83% | +0.07% | +4.84% | |
| 28 | MA | Mastercard Inc - A | 股票-金融 | 0.77% | -0.01% | -2.33% | |
| 29 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.75% | -0.04% | +2.90% | |
| 30 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.70% | -0.02% | +8.57% | |
| 31 | IEMG | Ishares Core Msci Emerging | ETF-新興市場 | 0.68% | — | — | |
| 32 | VWO | Vanguard Ftse Emerging Marke | ETF-新興市場 | 0.67% | -0.71% | EXIT | |
| 33 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 0.67% | +0.07% | +4.48% | |
| 34 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.67% | +0.02% | — | |
| 35 | ICLN | Ishares Global Clean Energy | ETF-其他 | 0.67% | +0.01% | — | |
| 36 | TTE | TotalEnergies SE | 股票-其他 | 0.63% | -0.08% | — | |
| 37 | BAC | Bank Of America CORP | 股票-金融 | 0.63% | +0.01% | +58.85% | |
| 38 | HDB | Hdfc Bank Ltd-adr | 股票-金融 | 0.63% | -0.03% | — | |
| 39 | NFLX | Netflix Inc | 股票-通訊服務 | 0.62% | -0.05% | +2.04% | |
| 40 | HSBK | Halyk Savings Bank-gdr Reg S | 股票-其他 | 0.62% | -0.11% | +34.30% | |
| 41 | CSCO | Cisco Systems Inc | 股票-科技 | 0.61% | +0.03% | +19.84% | |
| 42 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.59% | +0.01% | +1.73% | |
| 43 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.59% | — | +19.02% | |
| 44 | ✓ | Rwe AG | 股票-其他 | 0.58% | -0.08% | +1.81% | |
| 45 | PEP | Pepsico Inc | 股票-非循環性消費 | 0.58% | -0.13% | +16.18% | |
| 46 | ✓ | E.on Se | 股票-其他 | 0.55% | -0.07% | — | |
| 47 | MELI | Mercadolibre Inc | 股票-循環性消費 | 0.54% | -0.06% | +13.51% | |
| 48 | GILD | Gilead Sciences Inc | 股票-醫療保健 | 0.53% | -0.07% | -20.37% | |
| 49 | ORCL | Oracle CORP | 股票-科技 | 0.53% | -0.03% | — | |
| 50 | CAT | Caterpillar Inc | 股票-工業 | 0.52% | +0.08% | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | +0.7% | +22.17% | 加碼 |
| 2 | QQQ | Invesco Qqq Trust Series 1 | +0.7% | +56.96% | 加碼 |
| 3 | AMD | Advanced Micro Devices | +0.3% | +13.67% | 加碼 |
| 4 | AVGO | Broadcom Inc | +0.3% | -0.43% | 減碼 |
| 5 | ✓ | Vonovia SE | +0.3% | +12.87% | 加碼 |
| 6 | BAC | Bank Of America CORP | +0.2% | +58.85% | 加碼 |
| 7 | MSFT | Microsoft CORP | +0.2% | -1.98% | 減碼 |
| 8 | IBB | Ishares Biotechnology ETF | +0.2% | +35.02% | 加碼 |
| 9 | DIS | Walt Disney Co/the | +0.2% | +8.48% | 加碼 |
| 10 | ORCL | Oracle CORP | +0.2% | — | 不變 |
| 11 | TSM | Taiwan Semiconductor-sp Adr | +0.1% | +4.48% | 加碼 |
| 12 | NFLX | Netflix Inc | +0.1% | +2.04% | 加碼 |
| 13 | ✓ | Airbus Se Ordf | +0.1% | +33.41% | 加碼 |
| 14 | MELI | Mercadolibre Inc | +0.1% | +13.51% | 加碼 |
| 15 | SRPT | Sarepta Therapeutics Inc | +0.1% | +5166.30% | 加碼 |
| 16 | B | Barrick Mining CORP | +0.1% | NEW | 新建倉 |
| 17 | NATKY | Nac Kazatomprom Jsc-gdr Regs | +0.1% | — | 不變 |
| 18 | ✓ | Rheinmetall AG Ordf | +0.1% | -0.47% | 減碼 |
| 19 | ✓ | InPost SA | +0.1% | +9.18% | 加碼 |
| 20 | UBER | Uber Technologies Inc | +0.1% | +13.65% | 加碼 |
| 21 | DELL | Dell Technologies -c | +0.1% | +36.36% | 加碼 |
| 22 | MAIN | Main Street Capital CORP | +0.1% | NEW | 新建倉 |
| 23 | AMZN | Amazon.com Inc | +0.1% | +5.34% | 加碼 |
| 24 | META | Meta Platforms Inc-class A | +0.1% | +2.90% | 加碼 |
| 25 | CSCO | Cisco Systems Inc | +0.1% | +19.84% | 加碼 |
| 26 | HSBK | Halyk Savings Bank-gdr Reg S | +0.1% | +34.30% | 加碼 |
| 27 | SPOT | Spotify Technology S.A. | +0.1% | +6.99% | 加碼 |
| 28 | SSNHZ | Samsung Electr-gdr Reg S | +0.1% | +11.47% | 加碼 |
| 29 | F | Ford Motor Co | +0.1% | +40.00% | 加碼 |
| 30 | TEFOF | Telefonica SA | +0.1% | +31.52% | 加碼 |
| 31 | IBM | Intl Business Machines CORP | +0.1% | +4.84% | 加碼 |
| 32 | HSBC | Hsbc Holdings Plc-spons Adr | +0.1% | +24.97% | 加碼 |
| 33 | JPM | Jpmorgan Chase & Co | +0.1% | +1.31% | 加碼 |
| 34 | AXP | American Express Co | +0.1% | +3.69% | 加碼 |
| 35 | TSLA | Tesla Inc | +0.1% | +7.73% | 加碼 |
| 36 | GOOG | Alphabet Inc-cl C | +0.1% | +8.57% | 加碼 |
| 37 | ✓ | 0% | +5.61% | 加碼 | |
| 38 | ✓ | Erste Group Bank AG | 0% | -7.47% | 減碼 |
| 39 | KSPI | Jsc Kaspi.kz Adr | — | +23.69% | 加碼 |
| 40 | IVV | Ishares Core S&p 500 ETF | 0% | — | 不變 |
| 41 | SPY | Ss Spdr S&p 500 ETF Trust-us | -0.1% | — | 不變 |
| 42 | ABX | Barrick Gold CORP | -0.1% | EXIT | 清倉 |
| 43 | PDD | Pdd Holdings Inc | -0.1% | -93.57% | 減碼 |
| 44 | ✓ | Thales SA | -0.2% | -26.45% | 減碼 |
| 45 | CVX | Chevron CORP | -0.2% | -18.52% | 減碼 |
| 46 | GILD | Gilead Sciences Inc | -0.2% | -20.37% | 減碼 |
| 47 | XOM | Exxon Mobil CORP | -0.3% | -25.17% | 減碼 |
| 48 | CMG | Chipotle Mexican Grill Inc | -0.3% | EXIT | 清倉 |
| 49 | UNH | Unitedhealth Group Inc | -0.3% | -0.15% | 減碼 |
| 50 | RSP | Invesco S&p 500 Equal Weight | -0.6% | -11.02% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Generali Investments CEE, investicni spolecnost, a.s. 在 Q2 2025 季度的美股持倉總市值約為 US$21.1億，共申報了 383 個公開持股部位。
在 Q2 2025 季度，Generali Investments CEE, investicni spolecnost, a.s. 按市值排列的前三大核心持股分別為：SPY (3.9%)、RSP (2.9%)、ERSTE GROUP BANK AG (2.1%)。其中最大持股部位 SPY 佔據整體投資組合約 3.9% 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$152.2萬
本季最大獲利了結 / 清倉標的
CMG
前期市值: US$326.4萬
在 Q2 2025 季度中，Generali Investments CEE, investicni spolecnost, a.s. 共進行了 46 項持倉異動，包含新建倉 2 個部位、加碼 31 個部位、減碼 11 個部位以及清倉 2 個部位。 其中最大新建倉標的為 B。 本季清倉部位包含 CMG。
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。