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: 0002043130
申報總市值
US$2.5億
US$2.5億
145 檔
16.4%
截至 Q2 2025 季度末，Generali Investments Towarzystwo Funduszy Inwestycyjnych 的美股持倉估值約為 US$2.5億，全數申報部位共有 145 檔。
觀察 Q2 2025 的申報異動，Generali Investments Towarzystwo Funduszy Inwestycyjnych 採取了強勁的買進策略，建倉與加碼動作（合計 28 筆）涵蓋多個核心板塊，展現機構對特定產業前景之樂觀態度。
檢視投資組合結構，前 5 大主力部位（包含 MSFT, NVDA, GOOGL）占據了總市值的 16.4%，展現出該機構在 Q2 2025 的重點資金聚焦與風險分佈特徵。
| # | 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 | 5.71% | -0.61% | -5.98% | |
| 2 | NVDA | Nvidia CORP | 股票-科技 | 4.62% | -0.06% | +12.00% | |
| 3 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 4.17% | -0.10% | +6.84% | |
| 4 | ADI | Analog Devices Inc | 股票-科技 | 3.76% | -0.26% | +3.41% | |
| 5 | AMD | Advanced Micro Devices | 股票-科技 | 2.99% | +0.39% | -1.22% | |
| 6 | ADBE | Adobe Inc | 股票-科技 | 2.95% | -0.66% | +2.81% | |
| 7 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.77% | +0.09% | +64.63% | |
| 8 | NOW | Servicenow Inc | 股票-科技 | 2.57% | -0.54% | -12.73% | |
| 9 | AMAT | Applied Materials Inc | 股票-科技 | 2.55% | -0.02% | — | |
| 10 | SNOW | Snowflake Inc | 股票-科技 | 2.45% | +0.32% | -10.64% | |
| 11 | DDOG | Datadog Inc - Class A | 股票-科技 | 2.24% | +0.42% | -5.88% | |
| 12 | MRVL | Marvell Technology Inc | 股票-科技 | 2.22% | -0.17% | +32.53% | |
| 13 | HUBS | Hubspot Inc | 股票-科技 | 2.18% | -0.12% | +13.64% | |
| 14 | CRWD | Crowdstrike Holdings Inc - A | 股票-科技 | 2.10% | +0.38% | -12.22% | |
| 15 | AAPL | Apple Inc | 股票-科技 | 2.06% | -0.53% | +10.59% | |
| 16 | PANW | Palo Alto Networks Inc | 股票-科技 | 1.94% | +0.34% | +5.81% | |
| 17 | TSLA | Tesla Inc | 股票-循環性消費 | 1.84% | -0.18% | -9.76% | |
| 18 | MU | Micron Technology Inc | 股票-科技 | 1.83% | +1.71% | +15.45% | |
| 19 | NET | Cloudflare Inc - Class A | 股票-科技 | 1.69% | -0.23% | -27.63% | |
| 20 | MCHP | Microchip Technology Inc | 股票-科技 | 1.67% | -0.17% | -13.36% | |
| 21 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.56% | +0.06% | +37.29% | |
| 22 | TXN | Texas Instruments Inc | 股票-科技 | 1.41% | -0.55% | — | |
| 23 | MA | Mastercard Inc - A | 股票-金融 | 1.32% | -0.17% | +7.14% | |
| 24 | MNDY | monday.com Ltd. | 股票-科技 | 1.15% | -0.19% | — | |
| 25 | MDB | Mongodb Inc | 股票-科技 | 1.10% | +0.06% | -22.48% | |
| 26 | ISRG | Intuitive Surgical Inc | 股票-醫療保健 | 1.08% | +0.32% | -5.00% | |
| 27 | BAC | Bank Of America CORP | 股票-金融 | 1.06% | +0.03% | +19.11% | |
| 28 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.94% | -0.15% | — | |
| 29 | FIVN | Five9 Inc | 股票-科技 | 0.94% | +0.05% | +21.43% | |
| 30 | TOST | Toast Inc-class A | 股票-科技 | 0.90% | +0.23% | — | |
| 31 | MNST | Monster Beverage CORP | 股票-非循環性消費 | 0.90% | -0.06% | -3.50% | |
| 32 | RTX | Rtx CORP | 股票-工業 | 0.89% | -0.11% | — | |
| 33 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.88% | -0.16% | — | |
| 34 | C | Citigroup Inc | 股票-金融 | 0.84% | -0.01% | +41.79% | |
| 35 | AXP | American Express Co | 股票-金融 | 0.83% | -0.04% | +11.11% | |
| 36 | NKE | Nike Inc -cl B | 股票-循環性消費 | 0.80% | -0.20% | +10.74% | |
| 37 | DIS | Walt Disney Co/the | 股票-通訊服務 | 0.78% | +0.12% | +42.35% | |
| 38 | PI | Impinj Inc | 股票-科技 | 0.78% | +0.11% | +28.57% | |
| 39 | TTWO | Take-two Interactive Softwre | 股票-通訊服務 | 0.78% | -0.09% | -6.82% | |
| 40 | EXK | Exact Sciences CORP | 股票-原物料 | 0.78% | — | -6.67% | |
| 41 | BILL | Bill Holdings Inc | 股票-科技 | 0.77% | -0.15% | -3.03% | |
| 42 | TECH | Bio-techne CORP | 股票-醫療保健 | 0.75% | -0.15% | +27.27% | |
| 43 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.74% | -0.07% | +18.18% | |
| 44 | ACN | Accenture plc | 股票-科技 | 0.73% | -0.03% | +25.33% | |
| 45 | DE | Deere & Co | 股票-工業 | 0.73% | -0.17% | — | |
| 46 | HON | Honeywell International Inc | 股票-工業 | 0.73% | -0.76% | EXIT | |
| 47 | KO | Coca-cola Co/the | 股票-非循環性消費 | 0.70% | -0.24% | — | |
| 48 | CBRE | Cbre Group Inc - A | 股票-房地產 | 0.69% | -0.14% | — | |
| 49 | CRM | Salesforce Inc | 股票-科技 | 0.66% | +0.51% | — | |
| 50 | PFE | Pfizer Inc | 股票-醫療保健 | 0.65% | +0.02% | +9.68% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | +1.2% | +12.00% | 加碼 |
| 2 | MNDY | monday.com Ltd. | +1.2% | NEW | 新建倉 |
| 3 | AMZN | Amazon.com Inc | +1% | +64.63% | 加碼 |
| 4 | MRVL | Marvell Technology Inc | +0.6% | +32.53% | 加碼 |
| 5 | META | Meta Platforms Inc-class A | +0.5% | +37.29% | 加碼 |
| 6 | MU | Micron Technology Inc | +0.5% | +15.45% | 加碼 |
| 7 | AMD | Advanced Micro Devices | +0.3% | -1.22% | 減碼 |
| 8 | FISV | Fiserv Inc | +0.3% | +720.00% | 加碼 |
| 9 | SNOW | Snowflake Inc | +0.3% | -10.64% | 減碼 |
| 10 | DIS | Walt Disney Co/the | +0.3% | +42.35% | 加碼 |
| 11 | C | Citigroup Inc | +0.2% | +41.79% | 加碼 |
| 12 | PI | Impinj Inc | +0.2% | +28.57% | 加碼 |
| 13 | PYPL | Paypal Holdings Inc | +0.1% | +57.14% | 加碼 |
| 14 | MSFT | Microsoft CORP | +0.1% | -5.98% | 減碼 |
| 15 | NTLA | Intellia Therapeutics Inc | +0.1% | +23.46% | 加碼 |
| 16 | DDOG | Datadog Inc - Class A | +0.1% | -5.88% | 減碼 |
| 17 | BAC | Bank Of America CORP | +0.1% | +19.11% | 加碼 |
| 18 | AMAT | Applied Materials Inc | +0.1% | — | 不變 |
| 19 | CRWD | Crowdstrike Holdings Inc - A | +0.1% | -12.22% | 減碼 |
| 20 | PANW | Palo Alto Networks Inc | +0.1% | +5.81% | 加碼 |
| 21 | TOST | Toast Inc-class A | +0.1% | — | 不變 |
| 22 | CRSP | CRISPR Therapeutics AG | +0.1% | — | 不變 |
| 23 | NFLX | Netflix Inc | +0.1% | -2.67% | 減碼 |
| 24 | NET | Cloudflare Inc - Class A | +0.1% | -27.63% | 減碼 |
| 25 | MCHP | Microchip Technology Inc | +0.1% | -13.36% | 減碼 |
| 26 | GS | Goldman Sachs Group Inc | +0.1% | — | 不變 |
| 27 | AXP | American Express Co | +0.1% | +11.11% | 加碼 |
| 28 | STT | State Street CORP | +0.1% | +17.14% | 加碼 |
| 29 | HON | Honeywell International Inc | 0% | +15.38% | 加碼 |
| 30 | MRK | Merck & Co. Inc. | 0% | +42.00% | 加碼 |
| 31 | GOOGL | Alphabet Inc-cl A | 0% | +6.84% | 加碼 |
| 32 | ADI | Analog Devices Inc | 0% | +3.41% | 加碼 |
| 33 | NKE | Nike Inc -cl B | 0% | +10.74% | 加碼 |
| 34 | ACN | Accenture plc | 0% | +25.33% | 加碼 |
| 35 | CF | Cf Industries Holdings Inc | 0% | +2.42% | 加碼 |
| 36 | CMG | Chipotle Mexican Grill Inc | 0% | +6.77% | 加碼 |
| 37 | FIVN | Five9 Inc | 0% | +21.43% | 加碼 |
| 38 | JPM | Jpmorgan Chase & Co | 0% | — | 不變 |
| 39 | EXK | Exact Sciences CORP | 0% | -6.67% | 減碼 |
| 40 | TXN | Texas Instruments Inc | -0.1% | — | 不變 |
| 41 | MA | Mastercard Inc - A | -0.1% | +7.14% | 加碼 |
| 42 | ABX | Barrick Gold CORP | -0.2% | EXIT | 清倉 |
| 43 | TSLA | Tesla Inc | -0.2% | -9.76% | 減碼 |
| 44 | NOW | Servicenow Inc | -0.2% | -12.73% | 減碼 |
| 45 | HUBS | Hubspot Inc | -0.2% | +13.64% | 加碼 |
| 46 | IBM | Intl Business Machines CORP | -0.3% | -91.43% | 減碼 |
| 47 | ZS | Zscaler Inc | -0.3% | EXIT | 清倉 |
| 48 | ADBE | Adobe Inc | -0.5% | +2.81% | 加碼 |
| 49 | ENPH | Enphase Energy Inc | -0.5% | — | 不變 |
| 50 | BSX | Boston Scientific CORP | -0.9% | -54.17% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Generali Investments Towarzystwo Funduszy Inwestycyjnych 在 Q2 2025 季度的美股持倉總市值約為 US$2.5億，共申報了 145 個公開持股部位。
在 Q2 2025 季度，Generali Investments Towarzystwo Funduszy Inwestycyjnych 按市值排列的前三大核心持股分別為：MSFT (5.7%)、NVDA (4.6%)、GOOGL (4.2%)。其中最大持股部位 MSFT 佔據整體投資組合約 5.7% 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
MNDY
市值: US$220.1萬
本季最大獲利了結 / 清倉標的
ZS
前期市值: US$47.6萬
在 Q2 2025 季度中，Generali Investments Towarzystwo Funduszy Inwestycyjnych 共進行了 43 項持倉異動，包含新建倉 1 個部位、加碼 27 個部位、減碼 13 個部位以及清倉 2 個部位。 其中最大新建倉標的為 MNDY。 本季清倉部位包含 ZS。
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。