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: 0001274173
申報總市值
US$2094.4億
US$2094.4億
2406 檔
24.4%
在 Q4 2025 的 13F 官方備案中，Janus Henderson Group PLC 管理的美股投資組合規模來到 US$2094.4億，整體持股檔數為 2406 檔。
Q4 2025 數據顯示 Janus Henderson Group PLC 積極進場，新開立 2 個部位並同步加碼 27 檔個股，反映機構在該季度的資金注入與籌碼積累。
在資產配置集中度方面，Janus Henderson Group PLC 的前 5 大核心持股（包含 NVDA, MSFT, AMZN 等）合計佔整體申報市值的 24.4%，反映機構在主要關鍵部位上的權重分佈。
僅顯示前 200 大持股（共 2406 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 | 6.89% | -0.01% | -2.16% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 5.78% | -1.57% | -7.61% | |
| 3 | AMZN | Amazon.com Inc | 股票-循環性消費 | 3.49% | -0.30% | +1.56% | |
| 4 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 3.45% | -0.20% | +2.11% | |
| 5 | AAPL | Apple Inc | 股票-科技 | 3.32% | -0.07% | -3.52% | |
| 6 | AVGO | Broadcom Inc | 股票-科技 | 3.12% | -0.27% | -3.33% | |
| 7 | LLY | Eli Lilly & Co | 股票-醫療保健 | 2.13% | -0.23% | -1.90% | |
| 8 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.81% | +0.07% | -22.49% | |
| 9 | MA | Mastercard Inc - A | 股票-金融 | 1.34% | -0.25% | -15.93% | |
| 10 | ORCL | Oracle CORP | 股票-科技 | 1.26% | -0.42% | +8.58% | |
| 11 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 1.12% | +0.15% | +7.73% | |
| 12 | APP | Applovin Corp-class A | 股票-科技 | 0.98% | -0.64% | -8.58% | |
| 13 | ARGX | Argenx Se - Adr | 股票-醫療保健 | 0.92% | -0.04% | -4.55% | |
| 14 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 0.76% | -0.22% | -7.93% | |
| 15 | KLAC | Kla CORP | 股票-科技 | 0.74% | +0.13% | -9.56% | |
| 16 | HWM | Howmet Aerospace Inc | 股票-工業 | 0.72% | +0.12% | -5.17% | |
| 17 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.72% | +0.20% | +10.35% | |
| 18 | ETN | Eaton Corporation plc | 股票-工業 | 0.71% | +0.15% | +16.08% | |
| 19 | LRCX | Lam Research CORP | 股票-科技 | 0.70% | +0.24% | +5.46% | |
| 20 | DHR | Danaher CORP | 股票-醫療保健 | 0.69% | -0.11% | -1.38% | |
| 21 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.66% | +0.06% | +29.77% | |
| 22 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.61% | -0.02% | -3.90% | |
| 23 | FLEX | Flex Ltd. | 股票-科技 | 0.60% | +0.04% | -15.12% | |
| 24 | APH | Amphenol Corp-cl A | 股票-科技 | 0.60% | -0.03% | -2.13% | |
| 25 | INTU | Intuit Inc | 股票-科技 | 0.60% | -0.20% | +14.55% | |
| 26 | FERG | Ferguson Enterprises Inc | 股票-工業 | 0.60% | +0.08% | +7.84% | |
| 27 | BX | Blackstone Inc | 股票-金融 | 0.56% | -0.32% | +0.24% | |
| 28 | DASH | Doordash Inc - A | 股票-循環性消費 | 0.56% | -0.01% | +8.36% | |
| 29 | NFLX | Netflix Inc | 股票-通訊服務 | 0.56% | +0.12% | +923.75% | |
| 30 | PGR | Progressive CORP | 股票-金融 | 0.56% | -0.11% | +7.99% | |
| 31 | SSNC | Ss&c Technologies Holdings | 股票-科技 | 0.55% | -0.28% | -15.24% | |
| 32 | MELI | Mercadolibre Inc | 股票-循環性消費 | 0.55% | -0.04% | +26.43% | |
| 33 | LPLA | Lpl Financial Holdings Inc | 股票-金融 | 0.54% | -0.01% | +9.05% | |
| 34 | BSX | Boston Scientific CORP | 股票-醫療保健 | 0.54% | -0.05% | +5.16% | |
| 35 | V | Visa Inc-class A Shares | 股票-金融 | 0.53% | +0.12% | -6.85% | |
| 36 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 0.53% | -0.06% | -1.87% | |
| 37 | GE | General Electric | 股票-工業 | 0.49% | -0.05% | -6.42% | |
| 38 | WDAY | Workday Inc-class A | 股票-科技 | 0.48% | -0.38% | +101.35% | |
| 39 | ICE | Intercontinental Exchange In | 股票-金融 | 0.47% | — | +6.67% | |
| 40 | FWONK | Liberty Media Corp-formula-c | 股票-通訊服務 | 0.47% | -0.03% | -1.47% | |
| 41 | VRTX | Vertex Pharmaceuticals Inc | 股票-醫療保健 | 0.45% | — | +4.85% | |
| 42 | RVMD | Revolution Medicines Inc | 股票-醫療保健 | 0.44% | +0.01% | +8.34% | |
| 43 | PRAX | Praxis Precision Medicines I | 股票-其他 | 0.43% | +0.10% | +17.23% | |
| 44 | ABT | Abbott Laboratories | 股票-醫療保健 | 0.42% | -0.02% | +14.66% | |
| 45 | MU | Micron Technology Inc | 股票-科技 | 0.42% | +0.21% | +109.18% | |
| 46 | AXP | American Express Co | 股票-金融 | 0.41% | -0.08% | -22.62% | |
| 47 | MDGL | Madrigal Pharmaceuticals Inc | 股票-醫療保健 | 0.41% | +0.09% | -13.99% | |
| 48 | ISRG | Intuitive Surgical Inc | 股票-醫療保健 | 0.40% | -0.04% | -3.66% | |
| 49 | APG | Api Group CORP | 股票-工業 | 0.40% | +0.05% | +3.99% | |
| 50 | MNST | Monster Beverage CORP | 股票-非循環性消費 | 0.40% | -0.17% | -32.38% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | GOOG | Alphabet Inc-cl C | +0.8% | +2.11% | 加碼 |
| 2 | LLY | Eli Lilly & Co | +0.6% | -1.90% | 減碼 |
| 3 | PRAX | Praxis Precision Medicines I | +0.4% | +17.23% | 加碼 |
| 4 | MU | Micron Technology Inc | +0.3% | +109.18% | 加碼 |
| 5 | WDAY | Workday Inc-class A | +0.2% | +101.35% | 加碼 |
| 6 | RVMD | Revolution Medicines Inc | +0.2% | +8.34% | 加碼 |
| 7 | LRCX | Lam Research CORP | +0.2% | +5.46% | 加碼 |
| 8 | BBIO | Bridgebio Pharma Inc | +0.2% | +25.85% | 加碼 |
| 9 | CP | Canadian Pacific Kansas City | +0.2% | +586.08% | 加碼 |
| 10 | AMZN | Amazon.com Inc | +0.1% | +1.56% | 加碼 |
| 11 | TSM | Taiwan Semiconductor-sp Adr | +0.1% | +7.73% | 加碼 |
| 12 | ABBV | Abbvie Inc | +0.1% | +29.77% | 加碼 |
| 13 | JNJ | Johnson & Johnson | +0.1% | +10.35% | 加碼 |
| 14 | BA | Boeing Co/the | +0.1% | +45.39% | 加碼 |
| 15 | PM | Philip Morris International | +0.1% | +60.88% | 加碼 |
| 16 | GKOS | Glaukos CORP | +0.1% | +183.40% | 加碼 |
| 17 | JBHT | Hunt (jb) Transprt Svcs Inc | +0.1% | +2.18% | 加碼 |
| 18 | UBS | UBS Group AG | +0.1% | +253.29% | 加碼 |
| 19 | GPCR | Structure Therapeutics Inc | +0.1% | +14.42% | 加碼 |
| 20 | DKNG | Draftkings Inc-cl A | +0.1% | +50.78% | 加碼 |
| 21 | ECL | Ecolab Inc | +0.1% | +104.72% | 加碼 |
| 22 | GMED | Globus Medical Inc - A | +0.1% | -3.41% | 減碼 |
| 23 | CRDO | Credo Technology Group Holding Ltd | +0.1% | +841.87% | 加碼 |
| 24 | AMAT | Applied Materials Inc | +0.1% | +687.24% | 加碼 |
| 25 | UTHR | United Therapeutics CORP | +0.1% | +75.08% | 加碼 |
| 26 | GOOGL | Alphabet Inc-cl A | +0.1% | +1.64% | 加碼 |
| 27 | AAPL | Apple Inc | 0% | -3.52% | 減碼 |
| 28 | HUBS | Hubspot Inc | -0.1% | -24.69% | 減碼 |
| 29 | TMUS | T-mobile US Inc | -0.1% | -39.80% | 減碼 |
| 30 | CTVA | Corteva Inc | -0.1% | -29.17% | 減碼 |
| 31 | ADP | Automatic Data Processing | -0.1% | -94.24% | 減碼 |
| 32 | SSNC | Ss&c Technologies Holdings | -0.1% | -15.24% | 減碼 |
| 33 | WRB | Wr Berkley CORP | -0.1% | -48.73% | 減碼 |
| 34 | MNST | Monster Beverage CORP | -0.1% | -32.38% | 減碼 |
| 35 | MRSH | Marsh & Mclennan Cos | -0.1% | -77.35% | 減碼 |
| 36 | NFLX | Netflix Inc | -0.2% | +923.75% | 加碼 |
| 37 | DDOG | Datadog Inc - Class A | -0.2% | -21.89% | 減碼 |
| 38 | APP | Applovin Corp-class A | -0.2% | -8.58% | 減碼 |
| 39 | NOW | Servicenow Inc | -0.2% | +183.93% | 加碼 |
| 40 | ADSK | Autodesk Inc | -0.3% | -88.72% | 減碼 |
| 41 | MA | Mastercard Inc - A | -0.3% | -15.93% | 減碼 |
| 42 | NVDA | Nvidia CORP | -0.3% | -2.16% | 減碼 |
| 43 | ORCL | Oracle CORP | -0.5% | +8.58% | 加碼 |
| 44 | META | Meta Platforms Inc-class A | -0.8% | -22.49% | 減碼 |
| 45 | MSFT | Microsoft CORP | -1.1% | -7.61% | 減碼 |
| 46 | TTE | TotalEnergies SE | — | NEW | 新建倉 |
| 47 | MDLN | Medline Inc-cl A | — | NEW | 新建倉 |
| 48 | AKRO | Akero Therapeutics Inc | — | EXIT | 清倉 |
| 49 | ✓ | — | EXIT | 清倉 | |
| 50 | DOX | Amdocs Limited | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Janus Henderson Group PLC 在 Q4 2025 季度的美股持倉總市值約為 US$2094.4億，共申報了 2406 個公開持股部位。
在 Q4 2025 季度，Janus Henderson Group PLC 按市值排列的前三大核心持股分別為：NVDA (6.9%)、MSFT (5.8%)、AMZN (3.5%)。其中最大持股部位 NVDA 佔據整體投資組合約 6.9% 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
TTE
市值: US$5.9億
本季最大獲利了結 / 清倉標的
AKRO
前期市值: US$3.0億
在 Q4 2025 季度中，Janus Henderson Group PLC 共進行了 50 項持倉異動，包含新建倉 2 個部位、加碼 27 個部位、減碼 18 個部位以及清倉 3 個部位。 其中最大新建倉標的為 TTE。 本季清倉部位包含 AKRO。
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。