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: 0000873630
申報總市值
US$2394.9億
US$2394.9億
2524 檔
16.6%
截至 Q2 2025 季度末，Hsbc Holdings PLC 的美股持倉估值約為 US$2394.9億，全數申報部位共有 2524 檔。
在 Q2 2025，Hsbc Holdings PLC 展現出較為審慎的避險與獲利了結姿態。本季共減碼 117 個部位並完全清倉 6 檔持股，調降曝險的部位數量高於加碼動作。
檢視投資組合結構，前 5 大主力部位（包含 NVDA, MSFT, AAPL）占據了總市值的 16.6%，展現出該機構在 Q2 2025 的重點資金聚焦與風險分佈特徵。
僅顯示前 200 大持股（共 2524 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 | NVDA | Nvidia CORP | 股票-科技 | 6.75% | +1.09% | -22.84% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 5.91% | -0.24% | -33.66% | |
| 3 | AAPL | Apple Inc | 股票-科技 | 5.17% | -0.23% | -1.56% | |
| 4 | AMZN | Amazon.com Inc | 股票-循環性消費 | 3.50% | -0.06% | +0.49% | |
| 5 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 2.57% | -0.68% | -24.35% | |
| 6 | AVGO | Broadcom Inc | 股票-科技 | 2.02% | +0.29% | -6.83% | |
| 7 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 1.77% | +0.74% | +4.77% | |
| 8 | TSLA | Tesla Inc | 股票-循環性消費 | 1.68% | +0.94% | -2.73% | |
| 9 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 1.62% | -0.41% | -39.84% | |
| 10 | V | Visa Inc-class A Shares | 股票-金融 | 1.52% | -0.10% | +21.52% | |
| 11 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 1.50% | -0.34% | +209.66% | |
| 12 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.22% | -0.04% | -9.05% | |
| 13 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 1.16% | -0.61% | +25.45% | |
| 14 | NFLX | Netflix Inc | 股票-通訊服務 | 1.00% | -0.22% | +2.52% | |
| 15 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.97% | -0.13% | -4.10% | |
| 16 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.95% | +0.16% | -8.76% | |
| 17 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.84% | -0.17% | -3.25% | |
| 18 | ✓ | Ferrovial Se | 股票-其他 | 0.81% | — | +1.90% | |
| 19 | CSCO | Cisco Systems Inc | 股票-科技 | 0.79% | +0.16% | -7.57% | |
| 20 | HD | Home Depot Inc | 股票-循環性消費 | 0.70% | -0.12% | +0.98% | |
| 21 | CRM | Salesforce Inc | 股票-科技 | 0.65% | -0.10% | +30.98% | |
| 22 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.65% | -0.09% | +2.12% | |
| 23 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.62% | -0.08% | -5.56% | |
| 24 | WMT | Walmart Inc | 股票-非循環性消費 | 0.61% | -0.14% | -3.40% | |
| 25 | BABA | Alibaba Group Holding-sp Adr | 股票-循環性消費 | 0.59% | -0.29% | -2.74% | |
| 26 | XOM | Exxon Mobil CORP | 股票-能源 | 0.58% | -0.35% | -1.55% | |
| 27 | MA | Mastercard Inc - A | 股票-金融 | 0.54% | -0.06% | +19.24% | |
| 28 | KO | Coca-cola Co/the | 股票-非循環性消費 | 0.51% | -0.02% | -1.87% | |
| 29 | ORCL | Oracle CORP | 股票-科技 | 0.51% | -0.02% | -2.24% | |
| 30 | BABA 0.5 06-01-31債券 | Alibaba Group Holding | 債券 | 0.48% | -0.04% | — | |
| 31 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.46% | — | -7.05% | |
| 32 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 0.45% | -0.09% | +28.44% | |
| 33 | IBM | Intl Business Machines CORP | 股票-科技 | 0.44% | +0.04% | -5.17% | |
| 34 | BAC | Bank Of America CORP | 股票-金融 | 0.43% | — | -14.45% | |
| 35 | AMD | Advanced Micro Devices | 股票-科技 | 0.41% | +0.83% | -37.16% | |
| 36 | NOW | Servicenow Inc | 股票-科技 | 0.40% | -0.03% | -45.21% | |
| 37 | TXN | Texas Instruments Inc | 股票-科技 | 0.40% | +0.06% | -10.27% | |
| 38 | DIS | Walt Disney Co/the | 股票-通訊服務 | 0.40% | -0.08% | -4.29% | |
| 39 | QCOM | Qualcomm Inc | 股票-科技 | 0.39% | — | -7.95% | |
| 40 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.37% | -0.06% | -2.71% | |
| 41 | ADBE | Adobe Inc | 股票-科技 | 0.37% | -0.08% | +0.65% | |
| 42 | SPGI | S&p Global Inc | 股票-金融 | 0.37% | +0.04% | +18.36% | |
| 43 | WFC | Wells Fargo & Co | 股票-金融 | 0.35% | -0.05% | -8.66% | |
| 44 | PEP | Pepsico Inc | 股票-非循環性消費 | 0.35% | -0.06% | -4.43% | |
| 45 | AXP | American Express Co | 股票-金融 | 0.33% | -0.03% | -8.08% | |
| 46 | INTU | Intuit Inc | 股票-科技 | 0.32% | -0.07% | -13.10% | |
| 47 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 0.32% | +0.07% | +9.36% | |
| 48 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.32% | +0.02% | -4.80% | |
| 49 | GE | General Electric | 股票-工業 | 0.32% | +0.02% | -8.43% | |
| 50 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 0.31% | -0.20% | +6.59% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | AVGO | Broadcom Inc | +0.7% | -6.83% | 減碼 |
| 2 | UNH | Unitedhealth Group Inc | +0.7% | +209.66% | 加碼 |
| 3 | NVDA | Nvidia CORP | +0.6% | -22.84% | 減碼 |
| 4 | BABA 0.5 06-01-31債券 | Alibaba Group Holding | +0.5% | NEW | 新建倉 |
| 5 | TSM | Taiwan Semiconductor-sp Adr | +0.5% | +25.45% | 加碼 |
| 6 | AMZN | Amazon.com Inc | +0.4% | +0.49% | 加碼 |
| 7 | NFLX | Netflix Inc | +0.3% | +2.52% | 加碼 |
| 8 | V | Visa Inc-class A Shares | +0.3% | +21.52% | 加碼 |
| 9 | GOOG | Alphabet Inc-cl C | +0.2% | +4.77% | 加碼 |
| 10 | TSLA | Tesla Inc | +0.2% | -2.73% | 減碼 |
| 11 | PLTR | Palantir Technologies Inc-a | +0.2% | +28.44% | 加碼 |
| 12 | TIP | Ishares Tips Bond ETF | +0.2% | +4627.59% | 加碼 |
| 13 | ORCL | Oracle CORP | +0.2% | -2.24% | 減碼 |
| 14 | CRM | Salesforce Inc | +0.2% | +30.98% | 加碼 |
| 15 | EMB | Ishares Jp Morgan Usd Emergi | +0.2% | +229.23% | 加碼 |
| 16 | IVV | Ishares Core S&p 500 ETF | +0.2% | +116.30% | 加碼 |
| 17 | CAR | Avis Budget Group Inc | +0.2% | +48706.73% | 加碼 |
| 18 | ✓ | Ferrovial Se | +0.1% | +1.90% | 加碼 |
| 19 | TLT | Ishares 20+ Year Treasury Bd | +0.1% | +80.42% | 加碼 |
| 20 | MA | Mastercard Inc - A | +0.1% | +19.24% | 加碼 |
| 21 | LQD | Ishr Ibx Usd Invgd Cb Etf-ui | +0.1% | +449.23% | 加碼 |
| 22 | LYV | Live Nation Entertainment In | +0.1% | +237.52% | 加碼 |
| 23 | COF | Capital One Financial CORP | +0.1% | +23.40% | 加碼 |
| 24 | BKNG | Booking Holdings Inc | +0.1% | +6.59% | 加碼 |
| 25 | XLF | Ss Financial Select Sector | +0.1% | +198.58% | 加碼 |
| 26 | JPM | Jpmorgan Chase & Co | +0.1% | -9.05% | 減碼 |
| 27 | SPGI | S&p Global Inc | +0.1% | +18.36% | 加碼 |
| 28 | DIS | Walt Disney Co/the | +0.1% | -4.29% | 減碼 |
| 29 | MU | Micron Technology Inc | +0.1% | -2.43% | 減碼 |
| 30 | RY | Royal Bank Of Canada | +0.1% | +61.74% | 加碼 |
| 31 | EWY | Ishares Msci South Korea ETF | +0.1% | +1752.98% | 加碼 |
| 32 | GS | Goldman Sachs Group Inc | +0.1% | -4.80% | 減碼 |
| 33 | SPY | Ss Spdr S&p 500 ETF Trust-us | +0.1% | +9.36% | 加碼 |
| 34 | IYW | Ishares Ustechnology ETF | +0.1% | +52.59% | 加碼 |
| 35 | GEV | GE Vernova Inc | +0.1% | -5.50% | 減碼 |
| 36 | AMP | Ameriprise Financial Inc | +0.1% | +29.82% | 加碼 |
| 37 | IXP | Ishares Global Comm Services | +0.1% | NEW | 新建倉 |
| 38 | TTWO | Take-two Interactive Softwre | +0.1% | +49.73% | 加碼 |
| 39 | AKX | Ansys Inc | +0.1% | +72.48% | 加碼 |
| 40 | IBM | Intl Business Machines CORP | 0% | -5.17% | 減碼 |
| 41 | GE | General Electric | 0% | -8.43% | 減碼 |
| 42 | BLK | Blackrock Inc | 0% | +12.23% | 加碼 |
| 43 | AMAT | Applied Materials Inc | 0% | -4.92% | 減碼 |
| 44 | KLAC | Kla CORP | 0% | -2.13% | 減碼 |
| 45 | LRCX | Lam Research CORP | 0% | +0.32% | 加碼 |
| 46 | EWW | Ishares Msci Mexico ETF | 0% | NEW | 新建倉 |
| 47 | INDA | Ishares Msci India ETF | 0% | +463.48% | 加碼 |
| 48 | XYL | Xylem Inc | 0% | +29.47% | 加碼 |
| 49 | DASH | Doordash Inc - A | 0% | +16.26% | 加碼 |
| 50 | BNS | Bank Of Nova Scotia | 0% | +67.16% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Hsbc Holdings PLC 在 Q2 2025 季度的美股持倉總市值約為 US$2394.9億，共申報了 2524 個公開持股部位。
在 Q2 2025 季度，Hsbc Holdings PLC 按市值排列的前三大核心持股分別為：NVDA (6.8%)、MSFT (5.9%)、AAPL (5.2%)。其中最大持股部位 NVDA 佔據整體投資組合約 6.8% 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
BABA 0.5 06-01-31
市值: US$8.0億
本季最大獲利了結 / 清倉標的
DFSEUR
前期市值: US$1.8億
在 Q2 2025 季度中，Hsbc Holdings PLC 共進行了 200 項持倉異動，包含新建倉 4 個部位、加碼 73 個部位、減碼 117 個部位以及清倉 6 個部位。 其中最大新建倉標的為 BABA 0.5 06-01-31。 本季清倉部位包含 DFSEUR。
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。