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: 0001275880
申報總市值
US$1.9億
US$1.9億
99 檔
28.3%
Q4 2025 季度申報顯示，Harbour Investment Management LLC 揭露的美股組合總市值為 US$1.9億，涵蓋 99 個不同之權益投資部位。
在 Q4 2025，Harbour Investment Management LLC 展現出較為審慎的避險與獲利了結姿態。本季共減碼 41 個部位並完全清倉 3 檔持股，調降曝險的部位數量高於加碼動作。
整體而言，Harbour Investment Management LLC 的前 5 大持股（包含 MSFT, COST, AAPL）貢獻了組合市值的 28.3%，形成該機構在 Q4 2025 季度的基本面基石。
| # | 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 | 10.67% | -0.36% | -26.13% | |
| 2 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 5.56% | -0.65% | -27.66% | |
| 3 | AAPL | Apple Inc | 股票-科技 | 4.72% | +0.19% | -27.59% | |
| 4 | JPST | Jpmorgan Ultra-short Income | ETF-其他 | 4.37% | +0.41% | -3.78% | |
| 5 | VUSB | Vanguard Ultra Short Bond Et | ETF-其他 | 3.74% | +0.40% | +40.46% | |
| 6 | AVGO | Broadcom Inc | 股票-科技 | 3.51% | +0.44% | -20.44% | |
| 7 | AMZN | Amazon.com Inc | 股票-循環性消費 | 3.37% | +0.12% | -22.04% | |
| 8 | IBB | Ishares Biotechnology ETF | ETF-科技型 | 2.58% | +0.12% | -21.84% | |
| 9 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 2.43% | +0.12% | -16.50% | |
| 10 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 2.28% | +0.26% | -21.05% | |
| 11 | PCAR | Paccar Inc | 股票-工業 | 1.82% | -0.10% | -29.84% | |
| 12 | SYK | Stryker CORP | 股票-醫療保健 | 1.74% | -0.16% | -24.97% | |
| 13 | WM | Waste Management Inc | 股票-工業 | 1.64% | -0.15% | -27.14% | |
| 14 | VBIL | Vanguard 0-3m T-bill ETF | ETF-其他 | 1.58% | -0.26% | +414.71% | |
| 15 | RTX | Rtx CORP | 股票-工業 | 1.58% | -0.12% | -25.00% | |
| 16 | VOO | Vanguard S&p 500 ETF | ETF-大型股與成長 | 1.56% | +0.14% | +0.04% | |
| 17 | NVO | Novo-nordisk A/s-spons Adr | 股票-醫療保健 | 1.52% | +0.20% | -24.29% | |
| 18 | SBUX | Starbucks CORP | 股票-循環性消費 | 1.50% | +0.06% | -19.07% | |
| 19 | ADP | Automatic Data Processing | 股票-科技 | 1.44% | -0.02% | -22.07% | |
| 20 | LHX | L3harris Technologies Inc | 股票-工業 | 1.34% | -0.31% | -26.04% | |
| 21 | NSC | Norfolk Southern CORP | 股票-工業 | 1.29% | -0.27% | -25.96% | |
| 22 | BLK | Blackrock Inc | 股票-金融 | 1.29% | -0.06% | -24.16% | |
| 23 | XLB | Ss Materials Select Sector | ETF-其他 | 1.29% | -0.08% | +73.34% | |
| 24 | ABT | Abbott Laboratories | 股票-醫療保健 | 1.28% | -0.18% | -21.62% | |
| 25 | SNA | Snap-on Inc | 股票-工業 | 1.24% | +0.05% | -25.88% | |
| 26 | NEE | Nextera Energy Inc | 股票-公用事業 | 1.23% | -0.18% | -24.60% | |
| 27 | KO | Coca-cola Co/the | 股票-非循環性消費 | 1.07% | — | -21.06% | |
| 28 | PSCT | Invesco S&p Smallcap Informa | ETF-其他 | 1.05% | +0.33% | -24.77% | |
| 29 | CVX | Chevron CORP | 股票-能源 | 1.05% | -0.34% | -20.93% | |
| 30 | VFH | Vanguard Financials ETF | ETF-其他 | 0.98% | +0.02% | -17.11% | |
| 31 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.96% | -0.05% | -22.12% | |
| 32 | CHKP | Check Point Software Technologies Ltd. | 股票-科技 | 0.95% | -0.11% | -24.43% | |
| 33 | SIVR | Abrdn Physical Silver Shares | ETF-避險與商品 | 0.93% | -0.26% | — | |
| 34 | DHR | Danaher CORP | 股票-醫療保健 | 0.89% | -0.06% | -29.86% | |
| 35 | V | Visa Inc-class A Shares | 股票-金融 | 0.89% | +0.05% | -14.12% | |
| 36 | FNDX | Schwab Fndmntl US Lrg Co ETF | ETF-其他 | 0.86% | +0.05% | — | |
| 37 | APD | Air Products & Chemicals Inc | 股票-原物料 | 0.86% | -0.06% | -23.08% | |
| 38 | JMST | JPM Ultra-short Muni Income | ETF-其他 | 0.85% | +0.09% | +4.97% | |
| 39 | PEP | Pepsico Inc | 股票-非循環性消費 | 0.80% | -0.14% | -21.43% | |
| 40 | SHEL | Shell Plc-adr | 股票-能源 | 0.77% | -0.20% | -25.50% | |
| 41 | SGOL | Abrdn Physical Gold Shares | ETF-避險與商品 | 0.75% | -0.16% | — | |
| 42 | BMY | Bristol-myers Squibb Co | 股票-醫療保健 | 0.71% | -0.09% | -6.91% | |
| 43 | CSCO | Cisco Systems Inc | 股票-科技 | 0.70% | +0.18% | -33.19% | |
| 44 | VTEB | Vanguard Tax-exempt Bond ETF | ETF-其他 | 0.67% | -0.03% | — | |
| 45 | PSX | Phillips 66 | 股票-能源 | 0.65% | -0.11% | -28.19% | |
| 46 | NVDA | Nvidia CORP | 股票-科技 | 0.65% | +0.05% | -16.55% | |
| 47 | UPS | United Parcel Service-cl B | 股票-工業 | 0.63% | -0.01% | -22.76% | |
| 48 | COP | Conocophillips | 股票-能源 | 0.63% | -0.24% | -18.21% | |
| 49 | KMB | Kimberly-clark CORP | 股票-非循環性消費 | 0.62% | +0.03% | -26.23% | |
| 50 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 0.58% | +0.18% | -33.74% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | VUSB | Vanguard Ultra Short Bond Et | +1.6% | +40.46% | 加碼 |
| 2 | VBIL | Vanguard 0-3m T-bill ETF | +1.3% | +414.71% | 加碼 |
| 3 | JPST | Jpmorgan Ultra-short Income | +0.7% | -3.78% | 減碼 |
| 4 | SIVR | Abrdn Physical Silver Shares | +0.4% | — | 不變 |
| 5 | IBB | Ishares Biotechnology ETF | +0.3% | -21.84% | 減碼 |
| 6 | XLB | Ss Materials Select Sector | +0.1% | +73.34% | 加碼 |
| 7 | AVGO | Broadcom Inc | +0.1% | -20.44% | 減碼 |
| 8 | BRK-B | Berkshire Hathaway Inc-cl B | 0% | -16.50% | 減碼 |
| 9 | VFH | Vanguard Financials ETF | 0% | -17.11% | 減碼 |
| 10 | AMZN | Amazon.com Inc | — | -22.04% | 減碼 |
| 11 | RTX | Rtx CORP | — | -25.00% | 減碼 |
| 12 | KO | Coca-cola Co/the | — | -21.06% | 減碼 |
| 13 | DHR | Danaher CORP | 0% | -29.86% | 減碼 |
| 14 | PEP | Pepsico Inc | 0% | -21.43% | 減碼 |
| 15 | PSCT | Invesco S&p Smallcap Informa | 0% | -24.77% | 減碼 |
| 16 | SBUX | Starbucks CORP | 0% | -19.07% | 減碼 |
| 17 | NEE | Nextera Energy Inc | 0% | -24.60% | 減碼 |
| 18 | PCAR | Paccar Inc | -0.1% | -29.84% | 減碼 |
| 19 | CVX | Chevron CORP | -0.1% | -20.93% | 減碼 |
| 20 | SHEL | Shell Plc-adr | -0.1% | -25.50% | 減碼 |
| 21 | CSCO | Cisco Systems Inc | -0.1% | -33.19% | 減碼 |
| 22 | KVUE | Kenvue Inc | -0.1% | -37.22% | 減碼 |
| 23 | DIS | Walt Disney Co/the | -0.1% | -28.02% | 減碼 |
| 24 | WEC | Wec Energy Group Inc | -0.1% | -29.64% | 減碼 |
| 25 | BDX | Becton Dickinson And Co | -0.1% | -34.78% | 減碼 |
| 26 | PG | Procter & Gamble Co/the | -0.1% | -22.12% | 減碼 |
| 27 | PSX | Phillips 66 | -0.1% | -28.19% | 減碼 |
| 28 | SNA | Snap-on Inc | -0.1% | -25.88% | 減碼 |
| 29 | ABT | Abbott Laboratories | -0.2% | -21.62% | 減碼 |
| 30 | APD | Air Products & Chemicals Inc | -0.2% | -23.08% | 減碼 |
| 31 | SAP | Sap Se-sponsored Adr | -0.2% | -30.99% | 減碼 |
| 32 | UNH | Unitedhealth Group Inc | -0.2% | -33.74% | 減碼 |
| 33 | LHX | L3harris Technologies Inc | -0.2% | -26.04% | 減碼 |
| 34 | NSC | Norfolk Southern CORP | -0.2% | -25.96% | 減碼 |
| 35 | CHKP | Check Point Software Technologies Ltd. | -0.2% | -24.43% | 減碼 |
| 36 | WM | Waste Management Inc | -0.2% | -27.14% | 減碼 |
| 37 | KMB | Kimberly-clark CORP | -0.2% | -26.23% | 減碼 |
| 38 | BLK | Blackrock Inc | -0.2% | -24.16% | 減碼 |
| 39 | SYK | Stryker CORP | -0.3% | -24.97% | 減碼 |
| 40 | AAPL | Apple Inc | -0.3% | -27.59% | 減碼 |
| 41 | NVO | Novo-nordisk A/s-spons Adr | -0.3% | -24.29% | 減碼 |
| 42 | ADP | Automatic Data Processing | -0.3% | -22.07% | 減碼 |
| 43 | AXP | American Express Co | -0.3% | -81.97% | 減碼 |
| 44 | COST | Costco Wholesale CORP | -1.2% | -27.66% | 減碼 |
| 45 | MSFT | Microsoft CORP | -2% | -26.13% | 減碼 |
| 46 | JSCP | Jpmorgan Short Duration Core | — | NEW | 新建倉 |
| 47 | TTE | TotalEnergies SE | — | NEW | 新建倉 |
| 48 | VGUS | Vanguard Ultra Shrt Treasury | — | EXIT | 清倉 |
| 49 | SCHD | Schwab US Dvd Equity ETF | — | EXIT | 清倉 |
| 50 | AMP | Ameriprise Financial Inc | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Harbour Investment Management LLC 在 Q4 2025 季度的美股持倉總市值約為 US$1.9億，共申報了 99 個公開持股部位。
在 Q4 2025 季度，Harbour Investment Management LLC 按市值排列的前三大核心持股分別為：MSFT (10.7%)、COST (5.6%)、AAPL (4.7%)。其中最大持股部位 MSFT 佔據整體投資組合約 10.7% 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
JSCP
市值: US$89.7萬
本季最大獲利了結 / 清倉標的
VGUS
前期市值: US$40.3萬
在 Q4 2025 季度中，Harbour Investment Management LLC 共進行了 49 項持倉異動，包含新建倉 2 個部位、加碼 3 個部位、減碼 41 個部位以及清倉 3 個部位。 其中最大新建倉標的為 JSCP。 本季清倉部位包含 VGUS。
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。