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: 0001106129
申報總市值
US$41.3億
US$41.3億
87 檔
66.5%
截至 Q3 2025 季度末，Jensen Investment Management Inc 的美股持倉估值約為 US$41.3億，全數申報部位共有 87 檔。
Jensen Investment Management Inc 在 Q3 2025 的調整主要集中於風險出清，清倉與減碼部位合計達 37 檔，反映機構對當前市場環境或個別公司估值採取較為保留之看法。
檢視投資組合結構，前 5 大主力部位（包含 MSFT, AAPL, MRSH）占據了總市值的 66.5%，展現出該機構在 Q3 2025 的重點資金聚焦與風險分佈特徵。
| # | 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 | 9.77% | -1.87% | -3.19% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 7.28% | -1.94% | -0.60% | |
| 3 | MRSH | Marsh & Mclennan Cos | 股票-金融 | 6.02% | +0.04% | -0.70% | |
| 4 | SYK | Stryker CORP | 股票-醫療保健 | 5.60% | -0.01% | -13.94% | |
| 5 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 5.40% | -1.30% | -24.58% | |
| 6 | NVDA | Nvidia CORP | 股票-科技 | 5.00% | +0.20% | +23.59% | |
| 7 | INTU | Intuit Inc | 股票-科技 | 4.55% | -0.83% | -14.55% | |
| 8 | LLY | Eli Lilly & Co | 股票-醫療保健 | 4.39% | +0.29% | +124.45% | |
| 9 | MA | Mastercard Inc - A | 股票-金融 | 4.10% | -0.51% | -6.35% | |
| 10 | ABT | Abbott Laboratories | 股票-醫療保健 | 4.00% | -1.06% | +1.30% | |
| 11 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 3.64% | -2.36% | +96.61% | |
| 12 | KLAC | Kla CORP | 股票-科技 | 3.51% | +0.97% | -32.53% | |
| 13 | ADP | Automatic Data Processing | 股票-科技 | 3.37% | +0.03% | -1.74% | |
| 14 | EFX | Equifax Inc | 股票-工業 | 3.25% | -1.35% | -0.40% | |
| 15 | BR | Broadridge Financial Solutio | 股票-科技 | 3.25% | -1.48% | -15.21% | |
| 16 | WM | Waste Management Inc | 股票-工業 | 2.98% | +0.46% | -7.45% | |
| 17 | CPRT | Copart Inc | 股票-工業 | 2.94% | -0.20% | -0.98% | |
| 18 | SHW | Sherwin-williams Co/the | 股票-原物料 | 2.85% | +0.54% | +18.87% | |
| 19 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 2.75% | +0.22% | +0.75% | |
| 20 | CDNS | Cadence Design Sys Inc | 股票-科技 | 2.70% | +0.04% | -24.68% | |
| 21 | MCD | Mcdonald's CORP | 股票-循環性消費 | 1.89% | -0.21% | +0.39% | |
| 22 | ZTS | Zoetis Inc | 股票-醫療保健 | 1.60% | — | -45.28% | |
| 23 | VEEV | Veeva Systems Inc-class A | 股票-醫療保健 | 1.53% | -0.03% | +1924.46% | |
| 24 | APH | Amphenol Corp-cl A | 股票-科技 | 1.34% | +2.07% | -66.71% | |
| 25 | VRSK | Verisk Analytics Inc | 股票-工業 | 1.33% | -0.15% | +50.73% | |
| 26 | ACN | Accenture plc | 股票-科技 | 0.96% | -0.07% | -76.42% | |
| 27 | ORCL | Oracle CORP | 股票-科技 | 0.50% | +0.07% | -1.91% | |
| 28 | ECL | Ecolab Inc | 股票-原物料 | 0.23% | +0.08% | -1.47% | |
| 29 | ADBE | Adobe Inc | 股票-科技 | 0.19% | +0.01% | — | |
| 30 | WAT | Waters CORP | 股票-醫療保健 | 0.16% | +0.12% | — | |
| 31 | PEP | Pepsico Inc | 股票-非循環性消費 | 0.16% | +0.01% | -11.26% | |
| 32 | EMR | Emerson Electric Co | 股票-工業 | 0.15% | +0.07% | -0.76% | |
| 33 | CL | Colgate-palmolive Co | 股票-非循環性消費 | 0.12% | +0.06% | +27.73% | |
| 34 | CLX | Clorox Company | 股票-非循環性消費 | 0.11% | +0.02% | +3.52% | |
| 35 | CTSH | Cognizant Tech Solutions-a | 股票-科技 | 0.10% | -0.03% | — | |
| 36 | KO | Coca-cola Co/the | 股票-非循環性消費 | 0.10% | +0.05% | +0.01% | |
| 37 | LH | Labcorp Holdings Inc | 股票-醫療保健 | 0.09% | +0.01% | -8.05% | |
| 38 | EHC | Encompass Health CORP | 股票-醫療保健 | 0.08% | — | -11.99% | |
| 39 | MSCI | Msci Inc | 股票-金融 | 0.08% | +0.01% | — | |
| 40 | KEYS | Keysight Technologies In | 股票-科技 | 0.08% | -0.01% | — | |
| 41 | OMC | Omnicom Group | 股票-通訊服務 | 0.08% | +0.01% | -0.53% | |
| 42 | NKE | Nike Inc -cl B | 股票-循環性消費 | 0.07% | -0.01% | +0.45% | |
| 43 | ROST | Ross Stores Inc | 股票-循環性消費 | 0.07% | — | -3.71% | |
| 44 | TSCO | Tractor Supply Company | 股票-循環性消費 | 0.07% | -0.02% | -10.70% | |
| 45 | GIS | General Mills Inc | 股票-非循環性消費 | 0.07% | — | -12.18% | |
| 46 | KR | Kroger Co | 股票-非循環性消費 | 0.07% | -0.01% | — | |
| 47 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.07% | — | -93.04% | |
| 48 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 0.07% | +0.07% | +10.28% | |
| 49 | DCI | Donaldson Co Inc | 股票-工業 | 0.06% | -0.01% | -5.49% | |
| 50 | G | Genpact Limited | 股票-科技 | 0.06% | -0.02% | -21.30% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | MSFT | Microsoft CORP | +2.4% | -3.19% | 減碼 |
| 2 | ABT | Abbott Laboratories | +2% | +1.30% | 加碼 |
| 3 | VEEV | Veeva Systems Inc-class A | +1.5% | +1924.46% | 加碼 |
| 4 | CDNS | Cadence Design Sys Inc | +1.2% | -24.68% | 加碼 |
| 5 | GOOGL | Alphabet Inc-cl A | +0.7% | -24.58% | 減碼 |
| 6 | SHW | Sherwin-williams Co/the | +0.6% | +18.87% | 加碼 |
| 7 | CPRT | Copart Inc | +0.6% | -0.98% | 加碼 |
| 8 | EFX | Equifax Inc | +0.4% | -0.40% | 減碼 |
| 9 | AAPL | Apple Inc | +0.3% | -0.60% | 減碼 |
| 10 | ORCL | Oracle CORP | +0.3% | -1.91% | 減碼 |
| 11 | VRSK | Verisk Analytics Inc | +0.3% | +50.73% | 加碼 |
| 12 | MCD | Mcdonald's CORP | +0.1% | +0.39% | 減碼 |
| 13 | KLAC | Kla CORP | +0.1% | -32.53% | 減碼 |
| 14 | EMR | Emerson Electric Co | 0% | -0.76% | 減碼 |
| 15 | TSM | Taiwan Semiconductor-sp Adr | 0% | +10.28% | 減碼 |
| 16 | CCK | Crown Holdings Inc | 0% | -24.69% | 減碼 |
| 17 | GIS | General Mills Inc | 0% | -12.18% | 減碼 |
| 18 | BBY | Best Buy Co Inc | 0% | -34.29% | 減碼 |
| 19 | WAT | Waters CORP | 0% | — | 減碼 |
| 20 | BDX | Becton Dickinson And Co | 0% | -80.12% | 減碼 |
| 21 | G | Genpact Limited | 0% | -21.30% | 減碼 |
| 22 | CHD | Church & Dwight Co Inc | 0% | -4.43% | 減碼 |
| 23 | CPB | THE Campbell's Company | 0% | -40.20% | 減碼 |
| 24 | GPC | Genuine Parts Co | 0% | -89.95% | 減碼 |
| 25 | PG | Procter & Gamble Co/the | -0.1% | +0.75% | 減碼 |
| 26 | MA | Mastercard Inc - A | -0.1% | -6.35% | 減碼 |
| 27 | WM | Waste Management Inc | -0.3% | -7.45% | 減碼 |
| 28 | BR | Broadridge Financial Solutio | -0.5% | -15.21% | 減碼 |
| 29 | APH | Amphenol Corp-cl A | -0.5% | -66.71% | 減碼 |
| 30 | SYK | Stryker CORP | -0.7% | -13.94% | 減碼 |
| 31 | ADP | Automatic Data Processing | -1% | -1.74% | 減碼 |
| 32 | JNJ | Johnson & Johnson | -1.1% | -93.04% | 減碼 |
| 33 | MRSH | Marsh & Mclennan Cos | -1.1% | -0.70% | 減碼 |
| 34 | INTU | Intuit Inc | -1.1% | -14.55% | 減碼 |
| 35 | HD | Home Depot Inc | -1.2% | -95.29% | 減碼 |
| 36 | NKE | Nike Inc -cl B | -1.5% | +0.45% | 減碼 |
| 37 | PEP | Pepsico Inc | -1.6% | -11.26% | 減碼 |
| 38 | ZTS | Zoetis Inc | -1.7% | -45.28% | 減碼 |
| 39 | TXN | Texas Instruments Inc | -2.3% | -39.65% | 減碼 |
| 40 | UNH | Unitedhealth Group Inc | -3.5% | -57.98% | 減碼 |
| 41 | ACN | Accenture plc | -5.4% | -76.42% | 減碼 |
| 42 | NVDA | Nvidia CORP | — | NEW | 新建倉 |
| 43 | LLY | Eli Lilly & Co | — | NEW | 新建倉 |
| 44 | META | Meta Platforms Inc-class A | — | NEW | 新建倉 |
| 45 | TECH | Bio-techne CORP | — | EXIT | 清倉 |
| 46 | NDSN | Nordson CORP | — | NEW | 新建倉 |
| 47 | FICO | Fair Isaac CORP | — | NEW | 新建倉 |
| 48 | GWW | Ww Grainger Inc | — | NEW | 新建倉 |
| 49 | LULU | Lululemon Athletica Inc | — | NEW | 新建倉 |
| 50 | MCHP | Microchip Technology Inc | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Jensen Investment Management Inc 在 Q3 2025 季度的美股持倉總市值約為 US$41.3億，共申報了 87 個公開持股部位。
在 Q3 2025 季度，Jensen Investment Management Inc 按市值排列的前三大核心持股分別為：MSFT (9.8%)、AAPL (7.3%)、MRSH (6.0%)。其中最大持股部位 MSFT 佔據整體投資組合約 9.8% 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
NVDA
市值: US$4.0億
本季最大獲利了結 / 清倉標的
TECH
前期市值: US$278.2萬
在 Q3 2025 季度中，Jensen Investment Management Inc 共進行了 50 項持倉異動，包含新建倉 7 個部位、加碼 6 個部位、減碼 35 個部位以及清倉 2 個部位。 其中最大新建倉標的為 NVDA。 本季清倉部位包含 TECH。
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。