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: 0000019617
申報總市值
US$1.8兆
US$1.8兆
7406 檔
15.9%
Jpmorgan Chase & Co 在 Q4 2025 季度的美股部位總計估值為 US$1.8兆，分散於 7406 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，Jpmorgan Chase & Co 採取防禦導向的調倉策略，本季減碼 131 檔個股並出清 0 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，Jpmorgan Chase & Co 的前 5 大核心持股（包含 NVDA, MSFT, AAPL 等）合計佔整體申報市值的 15.9%，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 7406 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 | 5.34% | +0.10% | -6.65% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 4.49% | -0.17% | -6.96% | |
| 3 | AAPL | Apple Inc | 股票-科技 | 3.85% | -0.10% | -4.75% | |
| 4 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.32% | +0.05% | -12.38% | |
| 5 | AVGO | Broadcom Inc | 股票-科技 | 2.04% | +0.23% | -0.20% | |
| 6 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 1.98% | +0.58% | +1.08% | |
| 7 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 1.91% | +0.09% | -10.26% | |
| 8 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.82% | -0.30% | -19.85% | |
| 9 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 1.27% | +0.55% | -7.50% | |
| 10 | TSLA | Tesla Inc | 股票-循環性消費 | 1.26% | -0.09% | -0.11% | |
| 11 | MA | Mastercard Inc - A | 股票-金融 | 1.12% | -0.24% | -0.61% | |
| 12 | ✓ | Spdr S&P 500 Etf Tr Put Option | ETF-大型股與成長 | 1.08% | -0.34% | +70.49% | |
| 13 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.88% | +0.08% | +26.59% | |
| 14 | BNDX | Vanguard Total Intl Bond ETF | ETF-其他 | 0.84% | -0.06% | +9.28% | |
| 15 | WMT | Walmart Inc | 股票-非循環性消費 | 0.81% | -0.36% | -0.99% | |
| 16 | WFC | Wells Fargo & Co | 股票-金融 | 0.77% | -0.11% | -9.87% | |
| 17 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.76% | -0.15% | -0.14% | |
| 18 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.75% | -0.11% | -7.33% | |
| 19 | BND | Vanguard Total Bond Market | ETF-其他 | 0.65% | -0.04% | +6.31% | |
| 20 | MCD | Mcdonald's CORP | 股票-循環性消費 | 0.61% | -0.28% | -7.11% | |
| 21 | BBJP | Jpmorgan Betabuilders Japan | ETF-其他 | 0.57% | -0.03% | +0.49% | |
| 22 | BAC | Bank Of America CORP | 股票-金融 | 0.56% | +0.02% | -11.06% | |
| 23 | DIS | Walt Disney Co/the | 股票-通訊服務 | 0.55% | -0.06% | +13.09% | |
| 24 | LOW | Lowe's Cos Inc | 股票-循環性消費 | 0.55% | -0.11% | -4.10% | |
| 25 | XOM | Exxon Mobil CORP | 股票-能源 | 0.53% | -0.45% | -6.21% | |
| 26 | NEE | Nextera Energy Inc | 股票-公用事業 | 0.51% | -0.09% | +5.18% | |
| 27 | ORCL | Oracle CORP | 股票-科技 | 0.50% | -0.10% | -16.84% | |
| 28 | AXP | American Express Co | 股票-金融 | 0.49% | — | -5.20% | |
| 29 | INTU | Intuit Inc | 股票-科技 | 0.49% | -0.29% | +10.78% | |
| 30 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 0.48% | +0.11% | +2.82% | |
| 31 | IVV | Ishares Core S&p 500 ETF | ETF-大型股與成長 | 0.48% | -0.11% | -49.81% | |
| 32 | VOO | Vanguard S&p 500 ETF | ETF-大型股與成長 | 0.46% | -0.12% | -57.10% | |
| 33 | MMM | 3m Co | 股票-工業 | 0.46% | -0.07% | +0.16% | |
| 34 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.43% | +0.08% | +12.53% | |
| 35 | BBCA | Jpmorgan Betabuilders Canada | ETF-其他 | 0.43% | -0.05% | -0.42% | |
| 36 | BBEU | Jpmorgan Betabuilders Europe | ETF-其他 | 0.42% | -0.04% | +159.32% | |
| 37 | SCHW | Schwab (charles) CORP | 股票-金融 | 0.42% | -0.19% | +10.90% | |
| 38 | PM | Philip Morris International | 股票-非循環性消費 | 0.42% | -0.06% | -11.73% | |
| 39 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.41% | -0.14% | +2.38% | |
| 40 | TT | Trane Technologies plc | 股票-工業 | 0.40% | -0.10% | +5.87% | |
| 41 | MS | Morgan Stanley | 股票-金融 | 0.40% | +0.08% | -4.54% | |
| 42 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 0.40% | — | +2.62% | |
| 43 | ADI | Analog Devices Inc | 股票-科技 | 0.38% | -0.03% | +1.36% | |
| 44 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 0.38% | -0.09% | -3.58% | |
| 45 | NFLX | Netflix Inc | 股票-通訊服務 | 0.37% | -0.20% | +611.88% | |
| 46 | RTX | Rtx CORP | 股票-工業 | 0.37% | -0.11% | +6.50% | |
| 47 | NOW | Servicenow Inc | 股票-科技 | 0.36% | -0.13% | +379.04% | |
| 48 | ETN | Eaton Corporation plc | 股票-工業 | 0.36% | -0.05% | -5.42% | |
| 49 | HWM | Howmet Aerospace Inc | 股票-工業 | 0.36% | -0.02% | -3.50% | |
| 50 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 0.36% | +0.15% | -7.31% |
| # | 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 | +0.5% | +1.08% | 加碼 |
| 2 | ✓ | Spdr S&P 500 Etf Tr Put Option | +0.5% | +70.49% | 加碼 |
| 3 | LLY | Eli Lilly & Co | +0.4% | +26.59% | 加碼 |
| 4 | BBEU | Jpmorgan Betabuilders Europe | +0.3% | +159.32% | 加碼 |
| 5 | GOOGL | Alphabet Inc-cl A | +0.3% | -7.50% | 減碼 |
| 6 | AAPL | Apple Inc | +0.2% | -4.75% | 減碼 |
| 7 | GOVT | Ishares US Treasury Bond ETF | +0.2% | +366.05% | 加碼 |
| 8 | SLV | iShares Silver Trust | +0.2% | +121.66% | 加碼 |
| 9 | AVGO | Broadcom Inc | +0.2% | -0.20% | 減碼 |
| 10 | APH | Amphenol Corp-cl A | +0.2% | +102.70% | 加碼 |
| 11 | AMD | Advanced Micro Devices | +0.2% | +54.16% | 加碼 |
| 12 | GLD | SPDR Gold Shares | +0.1% | +26.95% | 加碼 |
| 13 | JNJ | Johnson & Johnson | +0.1% | -0.14% | 減碼 |
| 14 | CIEN | Ciena CORP | +0.1% | +68.10% | 加碼 |
| 15 | GS | Goldman Sachs Group Inc | +0.1% | +12.53% | 加碼 |
| 16 | DHR | Danaher CORP | +0.1% | +15.79% | 加碼 |
| 17 | DIS | Walt Disney Co/the | +0.1% | +13.09% | 加碼 |
| 18 | WMT | Walmart Inc | +0.1% | -0.99% | 減碼 |
| 19 | BNDX | Vanguard Total Intl Bond ETF | +0.1% | +9.28% | 加碼 |
| 20 | TLT | iShares 20+ Year Treasury Bond ETF | +0.1% | +207.85% | 加碼 |
| 21 | VGSH | Vanguard Short-term Treasury | +0.1% | +73.27% | 加碼 |
| 22 | NTRA | Natera Inc | +0.1% | +10.54% | 加碼 |
| 23 | ECL | Ecolab Inc | +0.1% | +63.63% | 加碼 |
| 24 | SCHW | Schwab (charles) CORP | +0.1% | +10.90% | 加碼 |
| 25 | NEE | Nextera Energy Inc | +0.1% | +5.18% | 加碼 |
| 26 | RTX | Rtx CORP | +0.1% | +6.50% | 加碼 |
| 27 | TSM | Taiwan Semiconductor-sp Adr | +0.1% | +2.82% | 加碼 |
| 28 | WDC | Western Digital CORP | +0.1% | +18.93% | 加碼 |
| 29 | MU | Micron Technology Inc | +0.1% | -24.83% | 減碼 |
| 30 | ISRG | Intuitive Surgical Inc | +0.1% | +16.59% | 加碼 |
| 31 | IEF | Ishares 7-10 Year Treasury B | +0.1% | +28.13% | 加碼 |
| 32 | BND | Vanguard Total Bond Market | +0.1% | +6.31% | 加碼 |
| 33 | INTU | Intuit Inc | +0.1% | +10.78% | 加碼 |
| 34 | REGN | Regeneron Pharmaceuticals | +0.1% | -3.25% | 減碼 |
| 35 | ETR | Entergy CORP | +0.1% | +54.93% | 加碼 |
| 36 | INSM | Insmed Inc | +0.1% | +0.66% | 加碼 |
| 37 | ADI | Analog Devices Inc | +0.1% | +1.36% | 加碼 |
| 38 | GEV | GE Vernova Inc | +0.1% | +10.38% | 加碼 |
| 39 | JPST | Jpmorgan Ultra-short Income | +0.1% | +10.06% | 加碼 |
| 40 | AXP | American Express Co | +0.1% | -5.20% | 減碼 |
| 41 | XLV | Ss Health Care Select Sector | 0% | +21.42% | 加碼 |
| 42 | JMUB | Jpmorgan Municipal ETF | 0% | +1656.36% | 加碼 |
| 43 | EQT | Eqt CORP | 0% | +163.62% | 加碼 |
| 44 | YUM | Yum! Brands Inc | 0% | +25.86% | 加碼 |
| 45 | TSLA | Tesla, Inc. | 0% | +33.27% | 加碼 |
| 46 | BSV | Vanguard Short-term Bond ETF | 0% | +28.71% | 加碼 |
| 47 | LITE | Lumentum Holdings Inc | 0% | +99.79% | 加碼 |
| 48 | VGK | Vanguard Ftse Europe ETF | 0% | +11.72% | 加碼 |
| 49 | EXPE | Expedia Group Inc | 0% | +13.06% | 加碼 |
| 50 | GILD | Gilead Sciences Inc | 0% | +8.84% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Jpmorgan Chase & Co 在 Q4 2025 季度的美股持倉總市值約為 US$1.8兆，共申報了 7406 個公開持股部位。
在 Q4 2025 季度，Jpmorgan Chase & Co 按市值排列的前三大核心持股分別為：NVDA (5.3%)、MSFT (4.5%)、AAPL (3.9%)。其中最大持股部位 NVDA 佔據整體投資組合約 5.3% 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$19.1億
本季最大獲利了結 / 清倉標的
NVDA
前期市值: US$911.7億
在 Q4 2025 季度中，Jpmorgan Chase & Co 共進行了 200 項持倉異動，包含新建倉 1 個部位、加碼 68 個部位、減碼 131 個部位以及清倉 0 個部位。 其中最大新建倉標的為 TTE。
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。