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: 0001380137
申報總市值
US$8.7億
US$8.7億
249 檔
20.4%
在 Q4 2025 申報期間，Hunter Associates Investment Management LLC（CIK: 0001380137）向美國 SEC 提交的 Form 13F 報告顯示，其追蹤之股票投資組合總市值達 US$8.7億，共持有 249 個公開申報部位。
觀察 Q4 2025 的資金脈絡，Hunter Associates Investment Management LLC 在獲利結算 5 檔個股的同時，將資本重新部署至 3 檔新選標的，展現主動管理機構的輪動節奏。
從部位權重觀察，前 5 大標的（包含 GSLC, MSFT, AAPL）累計市值佔比達 20.4%，是驅動 Hunter Associates Investment Management LLC 該季度整體投資組合績效表現的核心支柱。
僅顯示前 200 大持股（共 249 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 | GSLC | Goldman Activebeta US Lc ETF | ETF-避險與商品 | 6.31% | -0.06% | +5.40% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 5.40% | -0.43% | -0.57% | |
| 3 | AAPL | Apple Inc | 股票-科技 | 5.28% | -0.01% | -0.39% | |
| 4 | FBND | Fidelity Total Bond ETF | ETF-其他 | 3.48% | -0.27% | +22.02% | |
| 5 | IHDG | Wisdomtree International Hed | ETF-其他 | 3.18% | -0.20% | -0.63% | |
| 6 | QQQM | Invesco Nasdaq 100 ETF | ETF-科技型 | 3.02% | +0.33% | +7.44% | |
| 7 | ISTB | Ishares Core 1-5 Year Usd Bo | ETF-其他 | 2.91% | -0.29% | +15.44% | |
| 8 | AVGO | Broadcom Inc | 股票-科技 | 2.24% | +0.13% | -2.16% | |
| 9 | AMGN | Amgen Inc | 股票-醫療保健 | 2.23% | -0.26% | +0.01% | |
| 10 | XMHQ | Invesco S&p Midcap Qual ETF | ETF-其他 | 2.20% | -0.03% | +7.08% | |
| 11 | SCHD | Schwab US Dvd Equity ETF | ETF-其他 | 2.12% | -0.27% | -1.58% | |
| 12 | CGMU | Cap Group Municipal Income | ETF-其他 | 1.83% | -0.17% | +41.63% | |
| 13 | APLD | Applied Digital CORP | 股票-科技 | 1.62% | +0.39% | -1.55% | |
| 14 | TROW | T Rowe Price Group Inc | 股票-金融 | 1.43% | +0.09% | -1.50% | |
| 15 | CGDV | Cap Group Dividend Value | ETF-其他 | 1.34% | +0.19% | +16.68% | |
| 16 | RMD | Resmed Inc | 股票-醫療保健 | 1.34% | -0.31% | -0.88% | |
| 17 | JNJ | Johnson & Johnson | 股票-醫療保健 | 1.24% | -0.08% | -1.26% | |
| 18 | CSCO | Cisco Systems Inc | 股票-科技 | 1.20% | +0.39% | -1.33% | |
| 19 | LLY | Eli Lilly & Co | 股票-醫療保健 | 1.06% | +0.03% | -6.02% | |
| 20 | EXPE | Expedia Group Inc | 股票-循環性消費 | 0.98% | +0.01% | +0.46% | |
| 21 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.97% | -0.09% | +0.43% | |
| 22 | JEPI | Jpmorgan Equity Premium Inco | ETF-其他 | 0.97% | -0.10% | +1.46% | |
| 23 | FOUR | Shift4 Payments Inc-class A | 股票-科技 | 0.96% | -0.02% | +15.92% | |
| 24 | SAIA | Saia Inc | 股票-工業 | 0.96% | +0.03% | +2.37% | |
| 25 | V | Visa Inc-class A Shares | 股票-金融 | 0.89% | — | +1.39% | |
| 26 | GLW | Corning Inc | 股票-科技 | 0.89% | +0.73% | -0.47% | |
| 27 | TMO | Thermo Fisher Scientific Inc | 股票-醫療保健 | 0.85% | -0.07% | -3.10% | |
| 28 | ACN | Accenture plc | 股票-科技 | 0.83% | -0.26% | -0.04% | |
| 29 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.79% | +0.06% | +0.44% | |
| 30 | H | Hyatt Hotels CORP - Cl A | 股票-循環性消費 | 0.79% | +0.13% | +2.43% | |
| 31 | PEP | Pepsico Inc | 股票-非循環性消費 | 0.78% | -0.18% | -1.87% | |
| 32 | XOM | Exxon Mobil CORP | 股票-能源 | 0.72% | -0.27% | +0.09% | |
| 33 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.71% | +0.01% | -1.67% | |
| 34 | JLL | Jones Lang Lasalle Inc | 股票-房地產 | 0.69% | -0.05% | +0.54% | |
| 35 | IBM | Intl Business Machines CORP | 股票-科技 | 0.68% | +0.01% | +4.01% | |
| 36 | PM | Philip Morris International | 股票-非循環性消費 | 0.62% | -0.03% | -0.82% | |
| 37 | FDX | Fedex CORP | 股票-工業 | 0.61% | -0.18% | -1.51% | |
| 38 | FNF | Fidelity National Financial | 股票-金融 | 0.60% | -0.15% | -0.59% | |
| 39 | CGCP | Cap Group Core Plus Income | ETF-其他 | 0.60% | -0.06% | +67.48% | |
| 40 | SGOV | Ishares 0-3 Month Treasury B | ETF-政府公債 | 0.57% | -0.07% | +134.72% | |
| 41 | LH | Labcorp Holdings Inc | 股票-醫療保健 | 0.56% | -0.05% | -0.80% | |
| 42 | SPIT | F/m Emerald Spec Sit ETF | ETF-其他 | 0.53% | +0.07% | — | |
| 43 | NXPI | NXP Semiconductors N.V. | 股票-科技 | 0.52% | +0.10% | -1.10% | |
| 44 | JBL | Jabil Inc | 股票-科技 | 0.52% | +0.04% | +3.59% | |
| 45 | ELMD | Electromed Inc | 股票-其他 | 0.47% | +0.29% | +2.38% | |
| 46 | TPL | Texas Pacific Land CORP | 股票-能源 | 0.47% | -0.14% | +199.63% | |
| 47 | CVX | Chevron CORP | 股票-能源 | 0.47% | -0.19% | +3.99% | |
| 48 | MS | Morgan Stanley | 股票-金融 | 0.46% | +0.02% | -0.93% | |
| 49 | TRMB | Trimble Inc | 股票-科技 | 0.45% | -0.15% | +0.28% | |
| 50 | LIND | Lindblad Expeditions Holding | 股票-其他 | 0.44% | +0.21% | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | FBND | Fidelity Total Bond ETF | +0.5% | +22.02% | 加碼 |
| 2 | CGMU | Cap Group Municipal Income | +0.5% | +41.63% | 加碼 |
| 3 | SGOV | Ishares 0-3 Month Treasury B | +0.3% | +134.72% | 加碼 |
| 4 | ISTB | Ishares Core 1-5 Year Usd Bo | +0.3% | +15.44% | 加碼 |
| 5 | AMGN | Amgen Inc | +0.2% | +0.01% | 加碼 |
| 6 | LLY | Eli Lilly & Co | +0.2% | -6.02% | 減碼 |
| 7 | CGCP | Cap Group Core Plus Income | +0.2% | +67.48% | 加碼 |
| 8 | GBIL | Goldman Sachs Access Treasur | +0.2% | +152.71% | 加碼 |
| 9 | EXPE | Expedia Group Inc | +0.2% | +0.46% | 加碼 |
| 10 | KNF | Knife River CORP | +0.2% | +184.29% | 加碼 |
| 11 | GSLC | Goldman Activebeta US Lc ETF | +0.2% | +5.40% | 加碼 |
| 12 | QQQM | Invesco Nasdaq 100 ETF | +0.2% | +7.44% | 加碼 |
| 13 | CGDV | Cap Group Dividend Value | +0.2% | +16.68% | 加碼 |
| 14 | RTX | Rtx CORP | +0.2% | +111.66% | 加碼 |
| 15 | GOOG | Alphabet Inc-cl C | +0.2% | +0.44% | 加碼 |
| 16 | LMT | Lockheed Martin CORP | +0.1% | +120.04% | 加碼 |
| 17 | SNPS | Synopsys Inc | +0.1% | +70.54% | 加碼 |
| 18 | AAPL | Apple Inc | +0.1% | -0.39% | 減碼 |
| 19 | VGIT | Vanguard Intermediate-term T | +0.1% | +58.57% | 加碼 |
| 20 | TMO | Thermo Fisher Scientific Inc | +0.1% | -3.10% | 減碼 |
| 21 | CSCO | Cisco Systems Inc | +0.1% | -1.33% | 減碼 |
| 22 | FDX | Fedex CORP | +0.1% | -1.51% | 減碼 |
| 23 | H | Hyatt Hotels CORP - Cl A | +0.1% | +2.43% | 加碼 |
| 24 | IAGG | Ishares Intl Aggregate Bond | +0.1% | +47.42% | 加碼 |
| 25 | JNJ | Johnson & Johnson | +0.1% | -1.26% | 減碼 |
| 26 | SAIA | Saia Inc | +0.1% | +2.37% | 加碼 |
| 27 | ELMD | Electromed Inc | +0.1% | +2.38% | 加碼 |
| 28 | GOOGL | Alphabet Inc-cl A | +0.1% | +7.82% | 加碼 |
| 29 | JLL | Jones Lang Lasalle Inc | +0.1% | +0.54% | 加碼 |
| 30 | IHDG | Wisdomtree International Hed | 0% | -0.63% | 減碼 |
| 31 | APLD | Applied Digital CORP | 0% | -1.55% | 減碼 |
| 32 | XMHQ | Invesco S&p Midcap Qual ETF | 0% | +7.08% | 加碼 |
| 33 | AZO | Autozone Inc | -0.1% | +0.34% | 加碼 |
| 34 | GIS | General Mills Inc | -0.1% | -48.92% | 減碼 |
| 35 | LH | Labcorp Holdings Inc | -0.1% | -0.80% | 減碼 |
| 36 | SHM | Ss Spdr N Ice St Muni ETF | -0.1% | -24.34% | 減碼 |
| 37 | ORCL | Oracle CORP | -0.1% | +1.75% | 加碼 |
| 38 | TXN | Texas Instruments Inc | -0.2% | -58.59% | 減碼 |
| 39 | BOOM | Dmc Global Inc | -0.2% | -25.24% | 減碼 |
| 40 | RMD | Resmed Inc | -0.3% | -0.88% | 減碼 |
| 41 | MSFT | Microsoft CORP | -0.6% | -0.57% | 減碼 |
| 42 | FISV | Fiserv Inc | -1.2% | -56.13% | 減碼 |
| 43 | BRBR | Bellring Brands Inc | — | EXIT | 清倉 |
| 44 | SPIT | F/m Emerald Spec Sit ETF | — | NEW | 新建倉 |
| 45 | VPG | Vishay Precision Group | — | NEW | 新建倉 |
| 46 | PRKS | United Parks & Resorts Inc | — | EXIT | 清倉 |
| 47 | WGO | Winnebago Industries | — | EXIT | 清倉 |
| 48 | MUB | Ishares National Muni Bond E | — | EXIT | 清倉 |
| 49 | OTIS | Otis Worldwide CORP | — | NEW | 新建倉 |
| 50 | KEL | Kellanova | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Hunter Associates Investment Management LLC 在 Q4 2025 季度的美股持倉總市值約為 US$8.7億，共申報了 249 個公開持股部位。
在 Q4 2025 季度，Hunter Associates Investment Management LLC 按市值排列的前三大核心持股分別為：GSLC (6.3%)、MSFT (5.4%)、AAPL (5.3%)。其中最大持股部位 GSLC 佔據整體投資組合約 6.3% 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
SPIT
市值: US$394.9萬
本季最大獲利了結 / 清倉標的
BRBR
前期市值: US$506.9萬
在 Q4 2025 季度中，Hunter Associates Investment Management LLC 共進行了 50 項持倉異動，包含新建倉 3 個部位、加碼 26 個部位、減碼 16 個部位以及清倉 5 個部位。 其中最大新建倉標的為 SPIT。 本季清倉部位包含 BRBR。
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。