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: 0001661580
申報總市值
US$148.1億
US$148.1億
303 檔
48.0%
在 Q3 2025 的 13F 官方備案中，Ilmarinen Mutual Pension Insurance Co 管理的美股投資組合規模來到 US$148.1億，整體持股檔數為 303 檔。
Q3 2025 數據顯示 Ilmarinen Mutual Pension Insurance Co 積極進場，新開立 31 個部位並同步加碼 84 檔個股，反映機構在該季度的資金注入與籌碼積累。
從部位權重觀察，前 5 大標的（包含 USCL, USCA, SPHY）累計市值佔比達 48.0%，是驅動 Ilmarinen Mutual Pension Insurance Co 該季度整體投資組合績效表現的核心支柱。
本季最大新建倉標的
CAT
市值: US$3378.2萬
本季最大獲利了結 / 清倉標的
AAPL
前期市值: US$2.8億
僅顯示前 200 大持股（共 303 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 | USCL | Ishares Climate Conscious | ETF-其他 | 19.66% | +0.87% | +1.48% | |
| 2 | USCA | Xtrack Msci USA Clim Act Eq | ETF-其他 | 19.59% | +0.83% | +1.37% | |
| 3 | SPHY | Ss Spdr P High Yield ETF | ETF-非投資等級債 | 5.33% | -0.43% | +4.96% | |
| 4 | USHY | Ishares Broad Usd High Yield | ETF-非投資等級債 | 4.94% | -0.55% | +2.05% | |
| 5 | NVDA | Nvidia CORP | 股票-科技 | 3.85% | -0.08% | +0.98% | |
| 6 | MSFT | Microsoft CORP | 股票-科技 | 3.08% | -0.31% | +0.84% | |
| 7 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 3.04% | +0.31% | +3.12% | |
| 8 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.18% | -0.10% | +1.03% | |
| 9 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.97% | -0.11% | -1.94% | |
| 10 | TSLA | Tesla Inc | 股票-循環性消費 | 1.55% | -0.07% | +3.45% | |
| 11 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.08% | -0.01% | — | |
| 12 | IYR | Ishares US Real Estate ETF | ETF-其他 | 0.95% | +0.15% | +52.40% | |
| 13 | ORCL | Oracle CORP | 股票-科技 | 0.83% | -0.04% | +2.88% | |
| 14 | V | Visa Inc-class A Shares | 股票-金融 | 0.81% | +0.04% | — | |
| 15 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.79% | +0.12% | -4.16% | |
| 16 | MA | Mastercard Inc - A | 股票-金融 | 0.71% | -0.06% | — | |
| 17 | XOM | Exxon Mobil CORP | 股票-能源 | 0.65% | -0.30% | — | |
| 18 | NFLX | Netflix Inc | 股票-通訊服務 | 0.62% | -0.14% | +0.64% | |
| 19 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 0.59% | -0.03% | -5.21% | |
| 20 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.57% | -0.04% | -3.19% | |
| 21 | WMT | Walmart Inc | 股票-非循環性消費 | 0.56% | -0.15% | -0.14% | |
| 22 | HD | Home Depot Inc | 股票-循環性消費 | 0.53% | -0.04% | -0.57% | |
| 23 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.52% | +0.06% | -0.55% | |
| 24 | BAC | Bank Of America CORP | 股票-金融 | 0.51% | -0.04% | -2.25% | |
| 25 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.50% | +0.01% | -7.70% | |
| 26 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 0.47% | +0.08% | — | |
| 27 | CRM | Salesforce Inc | 股票-科技 | 0.46% | -0.11% | +27.08% | |
| 28 | CSCO | Cisco Systems Inc | 股票-科技 | 0.42% | +0.14% | -1.22% | |
| 29 | AMD | Advanced Micro Devices | 股票-科技 | 0.41% | +0.53% | -0.47% | |
| 30 | KO | Coca-cola Co/the | 股票-非循環性消費 | 0.40% | -0.14% | -3.13% | |
| 31 | IBM | Intl Business Machines CORP | 股票-科技 | 0.40% | +0.03% | -7.37% | |
| 32 | CVX | Chevron CORP | 股票-能源 | 0.39% | +0.23% | NEW | |
| 33 | BLK | Blackrock Inc | 股票-金融 | 0.38% | -0.09% | -8.60% | |
| 34 | NOW | Servicenow Inc | 股票-科技 | 0.33% | -0.06% | -0.67% | |
| 35 | INTU | Intuit Inc | 股票-科技 | 0.33% | -0.08% | +3.63% | |
| 36 | ADBE | Adobe Inc | 股票-科技 | 0.32% | -0.09% | +25.56% | |
| 37 | ACN | Accenture plc | 股票-科技 | 0.32% | -0.12% | +30.29% | |
| 38 | PGR | Progressive CORP | 股票-金融 | 0.32% | -0.01% | +23.67% | |
| 39 | MCD | Mcdonald's CORP | 股票-循環性消費 | 0.32% | -0.07% | — | |
| 40 | ABT | Abbott Laboratories | 股票-醫療保健 | 0.31% | -0.04% | — | |
| 41 | QCOM | Qualcomm Inc | 股票-科技 | 0.29% | +0.05% | -0.98% | |
| 42 | MRSH | Marsh & Mclennan Cos | 股票-金融 | 0.27% | +0.02% | +0.61% | |
| 43 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.27% | -0.03% | — | |
| 44 | MS | Morgan Stanley | 股票-金融 | 0.27% | +0.03% | -8.57% | |
| 45 | PEP | Pepsico Inc | 股票-非循環性消費 | 0.26% | -0.17% | +38.81% | |
| 46 | CAT | Caterpillar Inc | 股票-工業 | 0.25% | +0.09% | -18.62% | |
| 47 | WFC | Wells Fargo & Co | 股票-金融 | 0.25% | -0.02% | — | |
| 48 | DIS | Walt Disney Co/the | 股票-通訊服務 | 0.25% | -0.02% | +1.70% | |
| 49 | ETN | Eaton Corporation plc | 股票-工業 | 0.25% | — | +3.50% | |
| 50 | TMO | Thermo Fisher Scientific Inc | 股票-醫療保健 | 0.24% | -0.02% | -4.94% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | +1.7% | +0.98% | 加碼 |
| 2 | GOOGL | Alphabet Inc-cl A | +0.8% | +3.12% | 加碼 |
| 3 | MSFT | Microsoft CORP | +0.7% | +0.84% | 加碼 |
| 4 | USCL | Ishares Climate Conscious | +0.5% | +1.48% | 加碼 |
| 5 | TSLA | Tesla Inc | +0.5% | +3.45% | 加碼 |
| 6 | USCA | Xtrack Msci USA Clim Act Eq | +0.5% | +1.37% | 加碼 |
| 7 | ORCL | Oracle CORP | +0.5% | +2.88% | 加碼 |
| 8 | PLTR | Palantir Technologies Inc-a | +0.4% | -5.21% | 加碼 |
| 9 | BAC | Bank Of America CORP | +0.2% | -2.25% | 加碼 |
| 10 | META | Meta Platforms Inc-class A | +0.2% | -1.94% | 加碼 |
| 11 | AMD | Advanced Micro Devices | +0.2% | -0.47% | 加碼 |
| 12 | MS | Morgan Stanley | +0.1% | -8.57% | 加碼 |
| 13 | MMM | 3m Co | +0.1% | -14.50% | 加碼 |
| 14 | JPM | Jpmorgan Chase & Co | +0.1% | — | 不變 |
| 15 | CRM | Salesforce Inc | +0.1% | +27.08% | 加碼 |
| 16 | ELV | Elevance Health Inc | +0.1% | +22.31% | 加碼 |
| 17 | WDAY | Workday Inc-class A | +0.1% | +41.59% | 加碼 |
| 18 | IYR | Ishares US Real Estate ETF | +0.1% | +52.40% | 加碼 |
| 19 | NFLX | Netflix Inc | +0.1% | +0.64% | 加碼 |
| 20 | CSCO | Cisco Systems Inc | +0.1% | -1.22% | 加碼 |
| 21 | ADBE | Adobe Inc | +0.1% | +25.56% | 加碼 |
| 22 | SNPS | Synopsys Inc | +0.1% | +28.35% | 加碼 |
| 23 | SCHW | Schwab (charles) CORP | +0.1% | +0.64% | 加碼 |
| 24 | CRWD | Crowdstrike Holdings Inc - A | +0.1% | -1.49% | 加碼 |
| 25 | CEG | Constellation Energy | +0.1% | +4.72% | 加碼 |
| 26 | NOW | Servicenow Inc | +0.1% | -0.67% | 加碼 |
| 27 | INTU | Intuit Inc | +0.1% | +3.63% | 加碼 |
| 28 | QCOM | Qualcomm Inc | +0.1% | -0.98% | 加碼 |
| 29 | ADI | Analog Devices Inc | +0.1% | -4.96% | 加碼 |
| 30 | NET | Cloudflare Inc - Class A | +0.1% | — | 加碼 |
| 31 | SNOW | Snowflake Inc | +0.1% | +10.07% | 加碼 |
| 32 | IBM | Intl Business Machines CORP | 0% | -7.37% | 加碼 |
| 33 | ACN | Accenture plc | 0% | +30.29% | 加碼 |
| 34 | PEP | Pepsico Inc | 0% | +38.81% | 加碼 |
| 35 | ETN | Eaton Corporation plc | 0% | +3.50% | 加碼 |
| 36 | PANW | Palo Alto Networks Inc | 0% | -4.38% | 加碼 |
| 37 | MRVL | Marvell Technology Inc | 0% | +10.22% | 加碼 |
| 38 | CDNS | Cadence Design Sys Inc | 0% | -8.49% | 加碼 |
| 39 | TT | Trane Technologies plc | 0% | +41.51% | 加碼 |
| 40 | NEM | Newmont CORP | 0% | — | 加碼 |
| 41 | JNJ | Johnson & Johnson | 0% | -3.19% | 加碼 |
| 42 | UBER | Uber Technologies Inc | 0% | +4.50% | 加碼 |
| 43 | GS | Goldman Sachs Group Inc | 0% | -27.06% | 減碼 |
| 44 | C | Citigroup Inc | 0% | -24.80% | 加碼 |
| 45 | RCL | Royal Caribbean Cruises Ltd. | 0% | +3.70% | 加碼 |
| 46 | FDX | Fedex CORP | 0% | +202.08% | 加碼 |
| 47 | DELL | Dell Technologies -c | 0% | -3.82% | 加碼 |
| 48 | PWR | Quanta Services Inc | 0% | +4.64% | 加碼 |
| 49 | GOOG | Alphabet Inc-cl C | 0% | +22.83% | 加碼 |
| 50 | AME | Ametek Inc | 0% | +77.27% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Ilmarinen Mutual Pension Insurance Co 在 Q3 2025 季度的美股持倉總市值約為 US$148.1億，共申報了 303 個公開持股部位。
在 Q3 2025 季度，Ilmarinen Mutual Pension Insurance Co 按市值排列的前三大核心持股分別為：USCL (19.7%)、USCA (19.6%)、SPHY (5.3%)。其中最大持股部位 USCL 佔據整體投資組合約 19.7% 的權重。
在 Q3 2025 季度中，Ilmarinen Mutual Pension Insurance Co 共進行了 178 項持倉異動，包含新建倉 31 個部位、加碼 84 個部位、減碼 39 個部位以及清倉 24 個部位。 其中最大新建倉標的為 CAT。 本季清倉部位包含 AAPL。
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。