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。
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CIK: 0001106129
申報總市值
US$41.3億
US$41.3億
89 檔
57.1%
Jensen Investment Management Inc 在 Q4 2025 季度的美股部位總計估值為 US$41.3億，分散於 89 個持倉標的之中，反映其市場參與廣度與投資規模。
從 Q4 2025 申報觀察，Jensen Investment Management Inc 採取防禦導向的調倉策略，本季減碼 40 檔個股並出清 4 檔部位，顯示機構在該時期進行風險控制與流動性回收。
在資產配置集中度方面，Jensen Investment Management Inc 的前 5 大核心持股（包含 MSFT, AAPL, GOOGL 等）合計佔整體申報市值的 57.1%，反映機構在主要關鍵部位上的權重分佈。
| # | 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 | 10.10% | -1.87% | -12.68% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 8.46% | -1.94% | -14.11% | |
| 3 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 7.55% | -1.30% | -14.46% | |
| 4 | NVDA | Nvidia CORP | 股票-科技 | 6.61% | +0.20% | +4.33% | |
| 5 | MA | Mastercard Inc - A | 股票-金融 | 4.34% | -0.51% | -16.99% | |
| 6 | LLY | Eli Lilly & Co | 股票-醫療保健 | 4.22% | +0.29% | -46.13% | |
| 7 | AMZN | Amazon.com Inc | 股票-循環性消費 | 4.12% | +1.08% | — | |
| 8 | SYK | Stryker CORP | 股票-醫療保健 | 4.05% | -0.01% | -40.04% | |
| 9 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 3.80% | -2.36% | -8.47% | |
| 10 | ABT | Abbott Laboratories | 股票-醫療保健 | 3.69% | -1.06% | -22.26% | |
| 11 | KLAC | Kla CORP | 股票-科技 | 3.62% | +0.97% | -27.80% | |
| 12 | WM | Waste Management Inc | 股票-工業 | 3.46% | +0.46% | -7.93% | |
| 13 | MRSH | Marsh & Mclennan Cos | 股票-金融 | 3.16% | +0.04% | -54.94% | |
| 14 | SHW | Sherwin-williams Co/the | 股票-原物料 | 3.15% | +0.54% | -6.83% | |
| 15 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 2.89% | +0.22% | -11.08% | |
| 16 | INTU | Intuit Inc | 股票-科技 | 2.84% | -0.83% | -49.16% | |
| 17 | EFX | Equifax Inc | 股票-工業 | 2.81% | -1.35% | -19.37% | |
| 18 | BR | Broadridge Financial Solutio | 股票-科技 | 2.70% | -1.48% | -30.04% | |
| 19 | CDNS | Cadence Design Sys Inc | 股票-科技 | 2.60% | +0.04% | -14.60% | |
| 20 | ADP | Automatic Data Processing | 股票-科技 | 2.56% | +0.03% | -31.44% | |
| 21 | MCD | Mcdonald's CORP | 股票-循環性消費 | 2.13% | -0.21% | -11.52% | |
| 22 | VRSK | Verisk Analytics Inc | 股票-工業 | 1.57% | -0.15% | +4.93% | |
| 23 | CPRT | Copart Inc | 股票-工業 | 1.34% | -0.20% | -58.80% | |
| 24 | VEEV | Veeva Systems Inc-class A | 股票-醫療保健 | 1.08% | -0.03% | -25.28% | |
| 25 | MSI | Motorola Solutions Inc | 股票-科技 | 1.06% | +1.36% | — | |
| 26 | AVGO | Broadcom Inc | 股票-科技 | 0.97% | +0.87% | — | |
| 27 | APH | Amphenol Corp-cl A | 股票-科技 | 0.49% | +2.07% | -73.49% | |
| 28 | ORCL | Oracle CORP | 股票-科技 | 0.38% | +0.07% | -12.68% | |
| 29 | ACN | Accenture plc | 股票-科技 | 0.28% | -0.07% | -78.77% | |
| 30 | ECL | Ecolab Inc | 股票-原物料 | 0.25% | +0.08% | -10.49% | |
| 31 | WAT | Waters CORP | 股票-醫療保健 | 0.23% | +0.12% | -11.84% | |
| 32 | JGRW | Jensen Quality Growth ETF | ETF-其他 | 0.22% | +0.08% | — | |
| 33 | ADBE | Adobe Inc | 股票-科技 | 0.19% | +0.01% | -21.36% | |
| 34 | PEP | Pepsico Inc | 股票-非循環性消費 | 0.19% | +0.01% | -11.29% | |
| 35 | EMR | Emerson Electric Co | 股票-工業 | 0.16% | +0.07% | -18.50% | |
| 36 | CL | Colgate-palmolive Co | 股票-非循環性消費 | 0.15% | +0.06% | -4.69% | |
| 37 | CTSH | Cognizant Tech Solutions-a | 股票-科技 | 0.14% | -0.03% | -12.93% | |
| 38 | KO | Coca-cola Co/the | 股票-非循環性消費 | 0.12% | +0.05% | -10.31% | |
| 39 | CLX | Clorox Company | 股票-非循環性消費 | 0.11% | +0.02% | -6.81% | |
| 40 | CCK | Crown Holdings Inc | 股票-循環性消費 | 0.09% | +0.03% | +15.59% | |
| 41 | LH | Labcorp Holdings Inc | 股票-醫療保健 | 0.09% | +0.01% | -9.23% | |
| 42 | MSCI | Msci Inc | 股票-金融 | 0.09% | +0.01% | -10.86% | |
| 43 | KEYS | Keysight Technologies In | 股票-科技 | 0.09% | -0.01% | -21.73% | |
| 44 | G | Genpact Limited | 股票-科技 | 0.09% | -0.02% | — | |
| 45 | EHC | Encompass Health CORP | 股票-醫療保健 | 0.08% | — | — | |
| 46 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 0.08% | +0.07% | -10.46% | |
| 47 | KR | Kroger Co | 股票-非循環性消費 | 0.08% | -0.01% | — | |
| 48 | NKE | Nike Inc -cl B | 股票-循環性消費 | 0.08% | -0.01% | -8.78% | |
| 49 | TSCO | Tractor Supply Company | 股票-循環性消費 | 0.08% | -0.02% | — | |
| 50 | ROST | Ross Stores Inc | 股票-循環性消費 | 0.08% | — | -29.92% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | GOOGL | Alphabet Inc-cl A | +2.2% | -14.46% | 減碼 |
| 2 | NVDA | Nvidia CORP | +1.6% | +4.33% | 加碼 |
| 3 | AAPL | Apple Inc | +1.2% | -14.11% | 減碼 |
| 4 | WM | Waste Management Inc | +0.5% | -7.93% | 減碼 |
| 5 | MSFT | Microsoft CORP | +0.3% | -12.68% | 減碼 |
| 6 | SHW | Sherwin-williams Co/the | +0.3% | -6.83% | 減碼 |
| 7 | MA | Mastercard Inc - A | +0.2% | -16.99% | 減碼 |
| 8 | MCD | Mcdonald's CORP | +0.2% | -11.52% | 減碼 |
| 9 | VRSK | Verisk Analytics Inc | +0.2% | +4.93% | 加碼 |
| 10 | META | Meta Platforms Inc-class A | +0.2% | -8.47% | 減碼 |
| 11 | PG | Procter & Gamble Co/the | +0.1% | -11.08% | 減碼 |
| 12 | KLAC | Kla CORP | +0.1% | -27.80% | 減碼 |
| 13 | WAT | Waters CORP | +0.1% | -11.84% | 減碼 |
| 14 | PEP | Pepsico Inc | 0% | -11.29% | 減碼 |
| 15 | ECL | Ecolab Inc | 0% | -10.49% | 減碼 |
| 16 | EMR | Emerson Electric Co | 0% | -18.50% | 減碼 |
| 17 | ADBE | Adobe Inc | — | -21.36% | 減碼 |
| 18 | CLX | Clorox Company | — | -6.81% | 減碼 |
| 19 | DCI | Donaldson Co Inc | — | -36.54% | 減碼 |
| 20 | LH | Labcorp Holdings Inc | — | -9.23% | 減碼 |
| 21 | ABBV | Abbvie Inc | 0% | -38.51% | 減碼 |
| 22 | HO1 | Hologic Inc | 0% | -54.14% | 減碼 |
| 23 | CPB | THE Campbell's Company | 0% | -60.66% | 減碼 |
| 24 | BAH | Booz Allen Hamilton Holdings | 0% | -55.40% | 減碼 |
| 25 | HD | Home Depot Inc | 0% | -67.04% | 減碼 |
| 26 | OMC | Omnicom Group | 0% | -54.99% | 減碼 |
| 27 | JNJ | Johnson & Johnson | 0% | -64.56% | 減碼 |
| 28 | GIS | General Mills Inc | -0.1% | -83.77% | 減碼 |
| 29 | CDNS | Cadence Design Sys Inc | -0.1% | -14.60% | 減碼 |
| 30 | ORCL | Oracle CORP | -0.1% | -12.68% | 減碼 |
| 31 | LLY | Eli Lilly & Co | -0.2% | -46.13% | 減碼 |
| 32 | ABT | Abbott Laboratories | -0.3% | -22.26% | 減碼 |
| 33 | EFX | Equifax Inc | -0.4% | -19.37% | 減碼 |
| 34 | VEEV | Veeva Systems Inc-class A | -0.5% | -25.28% | 減碼 |
| 35 | BR | Broadridge Financial Solutio | -0.6% | -30.04% | 減碼 |
| 36 | ACN | Accenture plc | -0.7% | -78.77% | 減碼 |
| 37 | ADP | Automatic Data Processing | -0.8% | -31.44% | 減碼 |
| 38 | APH | Amphenol Corp-cl A | -0.9% | -73.49% | 減碼 |
| 39 | SYK | Stryker CORP | -1.6% | -40.04% | 減碼 |
| 40 | CPRT | Copart Inc | -1.6% | -58.80% | 減碼 |
| 41 | INTU | Intuit Inc | -1.7% | -49.16% | 減碼 |
| 42 | MRSH | Marsh & Mclennan Cos | -2.9% | -54.94% | 減碼 |
| 43 | AMZN | Amazon.com Inc | — | NEW | 新建倉 |
| 44 | ZTS | Zoetis Inc | — | EXIT | 清倉 |
| 45 | MSI | Motorola Solutions Inc | — | NEW | 新建倉 |
| 46 | AVGO | Broadcom Inc | — | NEW | 新建倉 |
| 47 | JGRW | Jensen Quality Growth ETF | — | NEW | 新建倉 |
| 48 | UPS | United Parcel Service-cl B | — | EXIT | 清倉 |
| 49 | BMY | Bristol-myers Squibb Co | — | EXIT | 清倉 |
| 50 | PAYX | Paychex Inc | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Jensen Investment Management Inc 在 Q4 2025 季度的美股持倉總市值約為 US$41.3億，共申報了 89 個公開持股部位。
在 Q4 2025 季度，Jensen Investment Management Inc 按市值排列的前三大核心持股分別為：MSFT (10.1%)、AAPL (8.5%)、GOOGL (7.5%)。其中最大持股部位 MSFT 佔據整體投資組合約 10.1% 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
AMZN
市值: US$2.6億
本季最大獲利了結 / 清倉標的
ZTS
前期市值: US$1.3億
在 Q4 2025 季度中，Jensen Investment Management Inc 共進行了 50 項持倉異動，包含新建倉 4 個部位、加碼 2 個部位、減碼 40 個部位以及清倉 4 個部位。 其中最大新建倉標的為 AMZN。 本季清倉部位包含 ZTS。
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。