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: 0002079571
申報總市值
US$3.0億
US$3.0億
200 檔
18.9%
Q2 2025 季度申報顯示，Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna 揭露的美股組合總市值為 US$3.0億，涵蓋 200 個不同之權益投資部位。
觀察 Q2 2025 的申報異動，Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna 採取了強勁的買進策略，建倉與加碼動作（合計 27 筆）涵蓋多個核心板塊，展現機構對特定產業前景之樂觀態度。
整體而言，Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna 的前 5 大持股（包含 MSFT, NVDA, AAPL）貢獻了組合市值的 18.9%，形成該機構在 Q2 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 | 6.20% | +0.25% | +4.38% | |
| 2 | NVDA | Nvidia CORP | 股票-科技 | 6.03% | -0.13% | -8.40% | |
| 3 | AAPL | Apple Inc | 股票-科技 | 3.68% | -0.52% | +45.84% | |
| 4 | NOW | Servicenow Inc | 股票-科技 | 3.44% | +0.23% | +1.70% | |
| 5 | MA | Mastercard Inc - A | 股票-金融 | 3.42% | -0.31% | +40.67% | |
| 6 | AMZN | Amazon.com Inc | 股票-循環性消費 | 3.05% | +0.20% | -32.54% | |
| 7 | V | Visa Inc-class A Shares | 股票-金融 | 2.72% | +0.24% | +55.21% | |
| 8 | ISRG | Intuitive Surgical Inc | 股票-醫療保健 | 2.50% | -0.81% | -3.73% | |
| 9 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 2.11% | +0.03% | -26.18% | |
| 10 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 2.08% | -0.36% | +98.25% | |
| 11 | ✓ | Cyberark Software LTD. Cmn | 股票-其他 | 1.93% | — | -2.15% | |
| 12 | SYM | Symbotic Inc | 股票-工業 | 1.89% | -0.25% | +6.34% | |
| 13 | ROAD | Construction Partners Inc-a | 股票-工業 | 1.87% | -0.23% | -7.48% | |
| 14 | CRM | Salesforce Inc | 股票-科技 | 1.71% | -0.16% | -7.68% | |
| 15 | CLH | Clean Harbors Inc | 股票-工業 | 1.64% | -0.63% | +1.15% | |
| 16 | MELI | Mercadolibre Inc | 股票-循環性消費 | 1.60% | -0.25% | -10.56% | |
| 17 | NFLX | Netflix Inc | 股票-通訊服務 | 1.38% | -0.80% | +924.00% | |
| 18 | MU | Micron Technology Inc | 股票-科技 | 1.30% | +1.53% | — | |
| 19 | DXCM | Dexcom Inc | 股票-醫療保健 | 1.17% | +0.73% | NEW | |
| 20 | PWR | Quanta Services Inc | 股票-工業 | 1.16% | -0.26% | -12.46% | |
| 21 | FSS | Federal Signal CORP | 股票-工業 | 1.16% | -0.18% | +2.64% | |
| 22 | TW | Tradeweb Markets Inc-class A | 股票-金融 | 1.14% | — | +203.85% | |
| 23 | ARM | Arm Holdings Plc-adr | 股票-科技 | 1.12% | +0.40% | -52.86% | |
| 24 | DDOG | Datadog Inc - Class A | 股票-科技 | 1.12% | +0.40% | +2.85% | |
| 25 | MPWR | Monolithic Power Systems Inc | 股票-科技 | 1.05% | -0.59% | -22.32% | |
| 26 | BROS | Dutch Bros Inc-class A | 股票-循環性消費 | 1.03% | +0.07% | +12.45% | |
| 27 | XYZ | Block Inc | 股票-金融 | 0.99% | -0.22% | — | |
| 28 | VMC | Vulcan Materials Co | 股票-原物料 | 0.97% | -0.08% | +12.04% | |
| 29 | WM | Waste Management Inc | 股票-工業 | 0.96% | -0.25% | +203.67% | |
| 30 | KTOS | Kratos Defense & Security | 股票-工業 | 0.95% | -0.26% | -12.99% | |
| 31 | KVYO | Klaviyo Inc-a | 股票-其他 | 0.95% | -0.21% | -1.30% | |
| 32 | WCN | Waste Connections Inc | 股票-工業 | 0.93% | -0.03% | +13.78% | |
| 33 | AMD | Advanced Micro Devices | 股票-科技 | 0.89% | +0.25% | -62.88% | |
| 34 | CHWY | Chewy Inc - Class A | 股票-循環性消費 | 0.87% | -0.17% | -10.94% | |
| 35 | RMBS | Rambus Inc | 股票-科技 | 0.85% | -0.17% | -24.05% | |
| 36 | MLM | Martin Marietta Materials | 股票-原物料 | 0.85% | -0.13% | — | |
| 37 | ✓ | On Holding AG | 股票-其他 | 0.83% | -0.12% | -2.70% | |
| 38 | NU | Nu Holdings Ltd. | 股票-金融 | 0.82% | -0.39% | +61.49% | |
| 39 | CDNS | Cadence Design Sys Inc | 股票-科技 | 0.80% | +0.05% | — | |
| 40 | ✓ | 股票-其他 | 0.78% | -0.05% | -0.07% | ||
| 41 | KO | Coca-cola Co/the | 股票-非循環性消費 | 0.76% | -0.12% | +53.03% | |
| 42 | MCK | Mckesson CORP | 股票-醫療保健 | 0.75% | -0.49% | -0.31% | |
| 43 | WAB | Wabtec CORP | 股票-工業 | 0.73% | -0.26% | -10.41% | |
| 44 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.71% | -0.06% | +3.72% | |
| 45 | TOST | Toast Inc-class A | 股票-科技 | 0.69% | -0.01% | -13.94% | |
| 46 | QCOM | Qualcomm Inc | 股票-科技 | 0.69% | — | -3.40% | |
| 47 | CP | Canadian Pacific Kansas City | 股票-工業 | 0.69% | -0.02% | — | |
| 48 | PSN | Parsons CORP | 股票-科技 | 0.59% | — | -0.10% | |
| 49 | VEEV | Veeva Systems Inc-class A | 股票-醫療保健 | 0.58% | — | -5.08% | |
| 50 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.56% | -0.14% | -5.06% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | NFLX | Netflix Inc | +1.3% | +924.00% | 加碼 |
| 2 | META | Meta Platforms Inc-class A | +1.1% | +98.25% | 加碼 |
| 3 | MSFT | Microsoft CORP | +0.9% | +4.38% | 加碼 |
| 4 | SYM | Symbotic Inc | +0.8% | +6.34% | 加碼 |
| 5 | NVDA | Nvidia CORP | +0.7% | -8.40% | 減碼 |
| 6 | TW | Tradeweb Markets Inc-class A | +0.7% | +203.85% | 加碼 |
| 7 | V | Visa Inc-class A Shares | +0.7% | +55.21% | 加碼 |
| 8 | MA | Mastercard Inc - A | +0.6% | +40.67% | 加碼 |
| 9 | WM | Waste Management Inc | +0.6% | +203.67% | 加碼 |
| 10 | AAPL | Apple Inc | +0.5% | +45.84% | 加碼 |
| 11 | MCD | Mcdonald's CORP | +0.4% | NEW | 新建倉 |
| 12 | NU | Nu Holdings Ltd. | +0.4% | +61.49% | 加碼 |
| 13 | BMY | Bristol-myers Squibb Co | +0.4% | NEW | 新建倉 |
| 14 | NOW | Servicenow Inc | +0.4% | +1.70% | 加碼 |
| 15 | FISV | Fiserv Inc | +0.4% | +5584.21% | 加碼 |
| 16 | MUSA | Murphy USA Inc | +0.3% | +689.47% | 加碼 |
| 17 | HD | Home Depot Inc | +0.3% | +250.00% | 加碼 |
| 18 | ROAD | Construction Partners Inc-a | +0.3% | -7.48% | 減碼 |
| 19 | FSS | Federal Signal CORP | +0.2% | +2.64% | 加碼 |
| 20 | MU | Micron Technology Inc | +0.2% | — | 不變 |
| 21 | DDOG | Datadog Inc - Class A | +0.2% | +2.85% | 加碼 |
| 22 | KO | Coca-cola Co/the | +0.2% | +53.03% | 加碼 |
| 23 | AVGO | Broadcom Inc | +0.1% | +137.88% | 加碼 |
| 24 | KTOS | Kratos Defense & Security | +0.1% | -12.99% | 減碼 |
| 25 | SNOW | Snowflake Inc | +0.1% | +4.14% | 加碼 |
| 26 | CRWD | Crowdstrike Holdings Inc - A | +0.1% | +8.42% | 加碼 |
| 27 | PWR | Quanta Services Inc | +0.1% | -12.46% | 減碼 |
| 28 | PANW | Palo Alto Networks Inc | +0.1% | +26.97% | 加碼 |
| 29 | NVTS | Navitas Semiconductor CORP | +0.1% | -43.50% | 減碼 |
| 30 | CCL1EUR | Carnival CORP LTD | +0.1% | -3.53% | 減碼 |
| 31 | XYZ | Block Inc | +0.1% | — | 不變 |
| 32 | VMC | Vulcan Materials Co | +0.1% | +12.04% | 加碼 |
| 33 | BROS | Dutch Bros Inc-class A | +0.1% | +12.45% | 加碼 |
| 34 | MELI | Mercadolibre Inc | 0% | -10.56% | 減碼 |
| 35 | JPM | Jpmorgan Chase & Co | 0% | +3.72% | 加碼 |
| 36 | CLH | Clean Harbors Inc | 0% | +1.15% | 加碼 |
| 37 | CDNS | Cadence Design Sys Inc | 0% | — | 不變 |
| 38 | ✓ | 0% | -0.07% | 減碼 | |
| 39 | ✓ | Cyberark Software LTD. Cmn | — | -2.15% | 減碼 |
| 40 | CROX | Crocs Inc | -0.2% | EXIT | 清倉 |
| 41 | TSLA | Tesla Inc | -0.3% | -39.51% | 減碼 |
| 42 | HUBS | Hubspot Inc | -0.3% | -28.87% | 減碼 |
| 43 | ISRG | Intuitive Surgical Inc | -0.3% | -3.73% | 減碼 |
| 44 | ABBV | Abbvie Inc | -0.4% | -68.15% | 減碼 |
| 45 | CME | Cme Group Inc | -0.6% | -44.63% | 減碼 |
| 46 | ARM | Arm Holdings Plc-adr | -0.7% | -52.86% | 減碼 |
| 47 | GOOG | Alphabet Inc-cl C | -0.9% | -26.18% | 減碼 |
| 48 | AMD | Advanced Micro Devices | -1.1% | -62.88% | 減碼 |
| 49 | MRVL | Marvell Technology Inc | -1.5% | -78.13% | 減碼 |
| 50 | AMZN | Amazon.com Inc | -1.6% | -32.54% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna 在 Q2 2025 季度的美股持倉總市值約為 US$3.0億，共申報了 200 個公開持股部位。
在 Q2 2025 季度，Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna 按市值排列的前三大核心持股分別為：MSFT (6.2%)、NVDA (6.0%)、AAPL (3.7%)。其中最大持股部位 MSFT 佔據整體投資組合約 6.2% 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
MCD
市值: US$101.6萬
本季最大獲利了結 / 清倉標的
CROX
前期市值: US$39.3萬
在 Q2 2025 季度中，Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna 共進行了 47 項持倉異動，包含新建倉 2 個部位、加碼 25 個部位、減碼 19 個部位以及清倉 1 個部位。 其中最大新建倉標的為 MCD。 本季清倉部位包含 CROX。
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。