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: 0000813917
申報總市值
US$754.2億
US$754.2億
177 檔
14.3%
Harris Associates L P 在 Q3 2025 季度的美股部位總計估值為 US$754.2億，分散於 177 個持倉標的之中，反映其市場參與廣度與投資規模。
觀察 Q3 2025 的資金脈絡，Harris Associates L P 在獲利結算 23 檔個股的同時，將資本重新部署至 42 檔新選標的，展現主動管理機構的輪動節奏。
在資產配置集中度方面，Harris Associates L P 的前 5 大核心持股（包含 GOOGL, IQV, SCHW 等）合計佔整體申報市值的 14.3%，反映機構在主要關鍵部位上的權重分佈。
本季最大新建倉標的
NKE
市值: US$6.1億
本季最大獲利了結 / 清倉標的
KVUE
前期市值: US$6.4億
| # | 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 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 4.45% | -0.25% | -27.57% | |
| 2 | IQV | Iqvia Holdings Inc | 股票-醫療保健 | 3.47% | +0.35% | -3.11% | |
| 3 | SCHW | Schwab (charles) CORP | 股票-金融 | 3.25% | +0.23% | -7.55% | |
| 4 | COF | Capital One Financial CORP | 股票-金融 | 3.08% | +0.54% | -10.36% | |
| 5 | ABNB | Airbnb Inc-class A | 股票-循環性消費 | 3.01% | +0.36% | +8.55% | |
| 6 | WBD | Warner Bros Discovery Inc | 股票-通訊服務 | 3.00% | -1.03% | -11.90% | |
| 7 | PSX | Phillips 66 | 股票-能源 | 2.97% | -1.83% | +1.42% | |
| 8 | COP | Conocophillips | 股票-能源 | 2.86% | -0.98% | -2.66% | |
| 9 | ICE | Intercontinental Exchange In | 股票-金融 | 2.75% | -0.48% | -0.73% | |
| 10 | CRM | Salesforce Inc | 股票-科技 | 2.68% | -0.36% | +135.47% | |
| 11 | KDP | Keurig Dr Pepper Inc | 股票-非循環性消費 | 2.56% | +0.76% | +32.90% | |
| 12 | EFX | Equifax Inc | 股票-工業 | 2.40% | -0.24% | +14.21% | |
| 13 | WTW | Willis Towers Watson Public Limited Company | 股票-金融 | 2.38% | -0.28% | +13.43% | |
| 14 | C | Citigroup Inc | 股票-金融 | 2.25% | +0.22% | -14.45% | |
| 15 | BAC | Bank Of America CORP | 股票-金融 | 2.25% | +0.51% | -7.68% | |
| 16 | AIG | American International Group | 股票-金融 | 2.24% | -0.06% | +3.03% | |
| 17 | FCNCA | First Citizens Bcshs -cl A | 股票-金融 | 2.11% | +0.16% | +0.15% | |
| 18 | GM | General Motors Co | 股票-循環性消費 | 2.06% | +0.01% | -16.81% | |
| 19 | CBRE | Cbre Group Inc - A | 股票-房地產 | 1.74% | -0.09% | -24.24% | |
| 20 | ALLY | Ally Financial Inc | 股票-金融 | 1.70% | +0.21% | +0.60% | |
| 21 | ELV | Elevance Health Inc | 股票-醫療保健 | 1.65% | +0.52% | +39.43% | |
| 22 | DE | Deere & Co | 股票-工業 | 1.58% | -0.13% | -1.33% | |
| 23 | CHTR | Charter Communications Inc-a | 股票-通訊服務 | 1.54% | -1.13% | -4.84% | |
| 24 | AMZN | Amazon.com Inc | 股票-循環性消費 | 1.53% | +0.15% | -7.48% | |
| 25 | WFC | Wells Fargo & Co | 股票-金融 | 1.45% | +0.02% | -5.81% | |
| 26 | STT | State Street CORP | 股票-金融 | 1.42% | +0.03% | -0.00% | |
| 27 | TEL | TE Connectivity plc | 股票-科技 | 1.41% | +0.03% | -27.13% | |
| 28 | FISV | Fiserv Inc | 股票-其他 | 1.40% | -0.10% | +26.89% | |
| 29 | CNH | CNH Industrial N.V. | 股票-工業 | 1.38% | +0.03% | +0.38% | |
| 30 | GEHC | GE Healthcare Technology | 股票-醫療保健 | 1.33% | -0.18% | +13.95% | |
| 31 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 1.32% | +0.08% | +7.58% | |
| 32 | MPC | Marathon Petroleum CORP | 股票-能源 | 1.24% | -0.83% | -2.98% | |
| 33 | DAL | Delta Air Lines Inc | 股票-工業 | 1.23% | +0.55% | -3.75% | |
| 34 | TRGP | Targa Resources CORP | 股票-能源 | 1.12% | -0.10% | +1497.41% | |
| 35 | CMCSA | Comcast Corp-class A | 股票-通訊服務 | 1.11% | -0.78% | +3.07% | |
| 36 | CG | Carlyle Group Inc/the | 股票-金融 | 1.10% | -0.08% | -3.43% | |
| 37 | SYY | Sysco CORP | 股票-非循環性消費 | 1.10% | +0.76% | -4.85% | |
| 38 | RGA | Reinsurance Group Of America | 股票-金融 | 1.03% | — | +40.37% | |
| 39 | LAD | Lithia Motors Inc | 股票-循環性消費 | 1.00% | +0.09% | -0.46% | |
| 40 | APA | Apa CORP | 股票-能源 | 0.97% | — | -6.01% | |
| 41 | NKE | Nike Inc -cl B | 股票-循環性消費 | 0.97% | -0.26% | -0.80% | |
| 42 | CRBG | Corebridge Financial Inc | 股票-金融 | 0.96% | +0.16% | -7.02% | |
| 43 | BDX | Becton Dickinson And Co | 股票-醫療保健 | 0.93% | — | +6.79% | |
| 44 | GPN | Global Payments Inc | 股票-工業 | 0.91% | +0.18% | +2.12% | |
| 45 | NDAQ | Nasdaq Inc | 股票-金融 | 0.84% | -0.06% | -24.01% | |
| 46 | MAS | Masco CORP | 股票-工業 | 0.84% | +0.21% | +1.29% | |
| 47 | MOH | Molina Healthcare Inc | 股票-醫療保健 | 0.82% | +0.12% | +74.02% | |
| 48 | EOG | Eog Resources Inc | 股票-能源 | 0.82% | -0.76% | -2.09% | |
| 49 | ZBH | Zimmer Biomet Holdings Inc | 股票-醫療保健 | 0.75% | -0.11% | +27.29% | |
| 50 | CTVA | Corteva Inc | 股票-原物料 | 0.69% | -0.03% | -8.06% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | CRM | Salesforce Inc | +2.5% | +135.47% | 加碼 |
| 2 | WBD | Warner Bros Discovery Inc | +1.3% | -11.90% | 加碼 |
| 3 | TRGP | Targa Resources CORP | +1.1% | +1497.41% | 加碼 |
| 4 | ABNB | Airbnb Inc-class A | +1% | +8.55% | 加碼 |
| 5 | AMZN | Amazon.com Inc | +0.8% | -7.48% | 加碼 |
| 6 | MPC | Marathon Petroleum CORP | +0.7% | -2.98% | 加碼 |
| 7 | GEHC | GE Healthcare Technology | +0.6% | +13.95% | 加碼 |
| 8 | EFX | Equifax Inc | +0.5% | +14.21% | 加碼 |
| 9 | CG | Carlyle Group Inc/the | +0.5% | -3.43% | 加碼 |
| 10 | BDX | Becton Dickinson And Co | +0.4% | +6.79% | 加碼 |
| 11 | C | Citigroup Inc | +0.4% | -14.45% | 減碼 |
| 12 | DAL | Delta Air Lines Inc | +0.4% | -3.75% | 加碼 |
| 13 | WTW | Willis Towers Watson Public Limited Company | +0.4% | +13.43% | 加碼 |
| 14 | RGA | Reinsurance Group Of America | +0.3% | +40.37% | 加碼 |
| 15 | BAC | Bank Of America CORP | +0.3% | -7.68% | 減碼 |
| 16 | STT | State Street CORP | +0.3% | -0.00% | 減碼 |
| 17 | TEL | TE Connectivity plc | +0.3% | -27.13% | 減碼 |
| 18 | MOH | Molina Healthcare Inc | +0.2% | +74.02% | 加碼 |
| 19 | MRK | Merck & Co. Inc. | +0.2% | +7.58% | 加碼 |
| 20 | ALLY | Ally Financial Inc | +0.2% | +0.60% | 加碼 |
| 21 | IQV | Iqvia Holdings Inc | +0.2% | -3.11% | 加碼 |
| 22 | GOOGL | Alphabet Inc-cl A | +0.1% | -27.57% | 減碼 |
| 23 | COF | Capital One Financial CORP | +0.1% | -10.36% | 減碼 |
| 24 | MAS | Masco CORP | +0.1% | +1.29% | 加碼 |
| 25 | PSX | Phillips 66 | +0.1% | +1.42% | 減碼 |
| 26 | ORCL | Oracle CORP | +0.1% | -21.69% | 減碼 |
| 27 | GPC | Genuine Parts Co | +0.1% | +0.10% | 加碼 |
| 28 | GOOG | Alphabet Inc-cl C | +0.1% | -13.10% | 減碼 |
| 29 | KDP | Keurig Dr Pepper Inc | +0.1% | +32.90% | 加碼 |
| 30 | APA | Apa CORP | +0.1% | -6.01% | 減碼 |
| 31 | FLUT | Flutter Entertainment plc | +0.1% | -20.82% | 加碼 |
| 32 | ALSN | Allison Transmission Holding | 0% | -0.36% | 加碼 |
| 33 | FCNCA | First Citizens Bcshs -cl A | 0% | +0.15% | 加碼 |
| 34 | WFC | Wells Fargo & Co | 0% | -5.81% | 減碼 |
| 35 | BC | Brunswick CORP | 0% | -10.92% | 減碼 |
| 36 | SYY | Sysco CORP | 0% | -4.85% | 減碼 |
| 37 | GPN | Global Payments Inc | 0% | +2.12% | 加碼 |
| 38 | ABM | Abm Industries Inc | 0% | +5.76% | 加碼 |
| 39 | CE | Celanese CORP | 0% | -3.31% | 加碼 |
| 40 | LAD | Lithia Motors Inc | 0% | -0.46% | 減碼 |
| 41 | AXP | American Express Co | 0% | -2.24% | 減碼 |
| 42 | CWK | Cushman & Wakefield Limited | 0% | -20.90% | 減碼 |
| 43 | MSFT | Microsoft CORP | 0% | +16.27% | 加碼 |
| 44 | AAPL | Apple Inc | — | -1.54% | 加碼 |
| 45 | GRFS | Grifols Sa-adr | — | -12.57% | 減碼 |
| 46 | CIGI | Colliers Intl Gr-subord Vot | — | -24.48% | 減碼 |
| 47 | NVDA | Nvidia CORP | — | -10.23% | 加碼 |
| 48 | MCD | Mcdonald's CORP | — | -10.10% | 減碼 |
| 49 | ALV | Autoliv Inc | — | -20.87% | 減碼 |
| 50 | WMT | Walmart Inc | — | — | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Harris Associates L P 在 Q3 2025 季度的美股持倉總市值約為 US$754.2億，共申報了 177 個公開持股部位。
在 Q3 2025 季度，Harris Associates L P 按市值排列的前三大核心持股分別為：GOOGL (4.5%)、IQV (3.5%)、SCHW (3.3%)。其中最大持股部位 GOOGL 佔據整體投資組合約 4.5% 的權重。
在 Q3 2025 季度中，Harris Associates L P 共進行了 196 項持倉異動，包含新建倉 42 個部位、加碼 44 個部位、減碼 87 個部位以及清倉 23 個部位。 其中最大新建倉標的為 NKE。 本季清倉部位包含 KVUE。
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。
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。
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。