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: 0001411133
申報總市值
US$463.0億
US$463.0億
1727 檔
24.6%
在 Q3 2025 的 13F 官方備案中，KBC Group NV 管理的美股投資組合規模來到 US$463.0億，整體持股檔數為 1727 檔。
KBC Group NV 於 Q3 2025 展現出進攻型調倉步調，本季推動了 0 檔股票的新建倉與 35 檔既有部位加碼，整體資金傾向擴大在美股市場的曝險佈局。
從部位權重觀察，前 5 大標的（包含 NVDA, MSFT, GOOG）累計市值佔比達 24.6%，是驅動 KBC Group NV 該季度整體投資組合績效表現的核心支柱。
僅顯示前 200 大持股（共 1727 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 | 7.39% | -0.73% | -1.36% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 6.79% | -1.43% | +4.88% | |
| 3 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 5.19% | +0.59% | +2.87% | |
| 4 | AAPL | Apple Inc | 股票-科技 | 4.17% | -0.61% | +6.16% | |
| 5 | AMZN | Amazon.com Inc | 股票-循環性消費 | 3.81% | -0.13% | +13.63% | |
| 6 | AVGO | Broadcom Inc | 股票-科技 | 3.22% | +0.07% | +3.05% | |
| 7 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 2.95% | -0.14% | +18.76% | |
| 8 | JPM | Jpmorgan Chase & Co | 股票-金融 | 2.01% | — | +3.69% | |
| 9 | NFLX | Netflix Inc | 股票-通訊服務 | 1.45% | +0.27% | +3.60% | |
| 10 | TSLA | Tesla Inc | 股票-循環性消費 | 1.45% | -0.53% | +1.83% | |
| 11 | LLY | Eli Lilly & Co | 股票-醫療保健 | 1.27% | +0.08% | +13.54% | |
| 12 | BAC | Bank Of America CORP | 股票-金融 | 1.14% | -0.15% | -5.42% | |
| 13 | V | Visa Inc-class A Shares | 股票-金融 | 1.09% | -0.02% | -0.85% | |
| 14 | ORCL | Oracle CORP | 股票-科技 | 0.95% | -0.07% | +43.87% | |
| 15 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 0.93% | -0.02% | -4.93% | |
| 16 | C | Citigroup Inc | 股票-金融 | 0.90% | +0.01% | +63.27% | |
| 17 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.84% | -0.05% | +93.54% | |
| 18 | GILD | Gilead Sciences Inc | 股票-醫療保健 | 0.79% | -0.49% | +26.44% | |
| 19 | LIN | Linde plc | 股票-原物料 | 0.74% | -0.07% | +2.81% | |
| 20 | BSX | Boston Scientific CORP | 股票-醫療保健 | 0.69% | -0.23% | +11.16% | |
| 21 | MS | Morgan Stanley | 股票-金融 | 0.68% | +0.01% | -1.31% | |
| 22 | UBER | Uber Technologies Inc | 股票-工業 | 0.66% | -0.38% | +220.90% | |
| 23 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.63% | — | +1.97% | |
| 24 | CRM | Salesforce Inc | 股票-科技 | 0.62% | -0.10% | +4.11% | |
| 25 | MA | Mastercard Inc - A | 股票-金融 | 0.62% | -0.08% | +32.06% | |
| 26 | TMUS | T-mobile US Inc | 股票-通訊服務 | 0.57% | -0.03% | +301.11% | |
| 27 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.55% | -0.02% | +35.52% | |
| 28 | VZ | Verizon Communications Inc | 股票-通訊服務 | 0.54% | -0.04% | +4.67% | |
| 29 | COF | Capital One Financial CORP | 股票-金融 | 0.54% | -0.04% | -25.95% | |
| 30 | PFE | Pfizer Inc | 股票-醫療保健 | 0.52% | -0.17% | +148.09% | |
| 31 | ANET | Arista Networks Inc | 股票-科技 | 0.49% | +0.03% | +15.50% | |
| 32 | ECL | Ecolab Inc | 股票-原物料 | 0.48% | -0.07% | -0.73% | |
| 33 | MELI | Mercadolibre Inc | 股票-循環性消費 | 0.47% | -0.09% | +44.87% | |
| 34 | QCOM | Qualcomm Inc | 股票-科技 | 0.47% | -0.26% | -21.50% | |
| 35 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 0.46% | +0.15% | -14.00% | |
| 36 | LRCX | Lam Research CORP | 股票-科技 | 0.46% | +0.67% | +67.09% | |
| 37 | IBM | Intl Business Machines CORP | 股票-科技 | 0.45% | -0.20% | -38.59% | |
| 38 | BMY | Bristol-myers Squibb Co | 股票-醫療保健 | 0.44% | -0.08% | +1.25% | |
| 39 | ISRG | Intuitive Surgical Inc | 股票-醫療保健 | 0.43% | -0.13% | +6.32% | |
| 40 | CRWD | Crowdstrike Holdings Inc - A | 股票-科技 | 0.43% | +0.09% | +101.05% | |
| 41 | HCA | Hca Healthcare Inc | 股票-醫療保健 | 0.42% | -0.13% | -6.17% | |
| 42 | NET | Cloudflare Inc - Class A | 股票-科技 | 0.42% | -0.12% | +11.36% | |
| 43 | SPG | Simon Property Group Inc | 股票-房地產 | 0.42% | -0.03% | -1.20% | |
| 44 | DIS | Walt Disney Co/the | 股票-通訊服務 | 0.42% | +0.29% | -6.61% | |
| 45 | WELL | Welltower Inc | 股票-房地產 | 0.41% | -0.02% | +13.85% | |
| 46 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.40% | -0.03% | +40.45% | |
| 47 | T | At&t Inc | 股票-通訊服務 | 0.39% | -0.24% | +188.08% | |
| 48 | CAH | Cardinal Health Inc | 股票-醫療保健 | 0.38% | -0.04% | +0.22% | |
| 49 | AXP | American Express Co | 股票-金融 | 0.38% | -0.03% | +0.08% | |
| 50 | FOXA | Fox CORP - Class A | 股票-通訊服務 | 0.37% | +0.05% | -0.56% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | +2.4% | -1.36% | 加碼 |
| 2 | GOOG | Alphabet Inc-cl C | +2% | +2.87% | 加碼 |
| 3 | MSFT | Microsoft CORP | +1.7% | +4.88% | 加碼 |
| 4 | AVGO | Broadcom Inc | +1.6% | +3.05% | 加碼 |
| 5 | AMZN | Amazon.com Inc | +0.8% | +13.63% | 加碼 |
| 6 | JPM | Jpmorgan Chase & Co | +0.8% | +3.69% | 加碼 |
| 7 | TSLA | Tesla Inc | +0.8% | +1.83% | 加碼 |
| 8 | ORCL | Oracle CORP | +0.7% | +43.87% | 加碼 |
| 9 | JNJ | Johnson & Johnson | +0.6% | +93.54% | 加碼 |
| 10 | C | Citigroup Inc | +0.6% | +63.27% | 加碼 |
| 11 | MS | Morgan Stanley | +0.5% | -1.31% | 加碼 |
| 12 | UBER | Uber Technologies Inc | +0.5% | +220.90% | 加碼 |
| 13 | NET | Cloudflare Inc - Class A | +0.4% | +11.36% | 加碼 |
| 14 | ANET | Arista Networks Inc | +0.4% | +15.50% | 加碼 |
| 15 | TMUS | T-mobile US Inc | +0.4% | +301.11% | 加碼 |
| 16 | GS | Goldman Sachs Group Inc | +0.4% | +35.52% | 加碼 |
| 17 | META | Meta Platforms Inc-class A | +0.3% | +18.76% | 加碼 |
| 18 | STX | Seagate Technology Holdings plc | +0.3% | +862.32% | 加碼 |
| 19 | LRCX | Lam Research CORP | +0.3% | +67.09% | 加碼 |
| 20 | ALNY | Alnylam Pharmaceuticals Inc | +0.3% | +41.23% | 加碼 |
| 21 | CVNA | Carvana Co | +0.3% | -0.55% | 加碼 |
| 22 | MA | Mastercard Inc - A | +0.3% | +32.06% | 加碼 |
| 23 | T | At&t Inc | +0.3% | +188.08% | 加碼 |
| 24 | PFE | Pfizer Inc | +0.2% | +148.09% | 加碼 |
| 25 | MELI | Mercadolibre Inc | +0.2% | +44.87% | 加碼 |
| 26 | RBLX | Roblox CORP -class A | +0.2% | +14.48% | 加碼 |
| 27 | APH | Amphenol Corp-cl A | +0.2% | +103.30% | 加碼 |
| 28 | WELL | Welltower Inc | +0.2% | +13.85% | 加碼 |
| 29 | CRWD | Crowdstrike Holdings Inc - A | +0.2% | +101.05% | 加碼 |
| 30 | PLTR | Palantir Technologies Inc-a | +0.2% | +57.95% | 加碼 |
| 31 | HOOD | Robinhood Markets Inc - A | +0.2% | -4.39% | 加碼 |
| 32 | CTAS | Cintas CORP | +0.2% | +21.35% | 加碼 |
| 33 | GOOGL | Alphabet Inc-cl A | +0.2% | -4.93% | 減碼 |
| 34 | GILD | Gilead Sciences Inc | +0.2% | +26.44% | 加碼 |
| 35 | NFLX | Netflix Inc | +0.1% | +3.60% | 加碼 |
| 36 | BAC | Bank Of America CORP | -0.1% | -5.42% | 減碼 |
| 37 | AAPL | Apple Inc | -0.1% | +6.16% | 加碼 |
| 38 | FIS | Fidelity National Info Serv | -0.3% | -7.98% | 減碼 |
| 39 | DOCU | Docusign Inc | -0.3% | -72.51% | 減碼 |
| 40 | BNY | Bank Of New York Mellon CORP | -0.3% | -52.58% | 減碼 |
| 41 | ELV | Elevance Health Inc | -0.4% | -1.21% | 減碼 |
| 42 | WDAY | Workday Inc-class A | -0.4% | -82.26% | 減碼 |
| 43 | CNC | Centene CORP | -0.4% | -84.67% | 減碼 |
| 44 | GDDY | Godaddy Inc - Class A | -0.4% | -66.27% | 減碼 |
| 45 | MRK | Merck & Co. Inc. | -0.4% | -52.80% | 減碼 |
| 46 | KO | Coca-cola Co/the | -0.4% | -0.78% | 減碼 |
| 47 | UNH | Unitedhealth Group Inc | -0.9% | -14.00% | 減碼 |
| 48 | CMCSA | Comcast Corp-class A | -0.9% | -45.25% | 減碼 |
| 49 | IBM | Intl Business Machines CORP | -1% | -38.59% | 減碼 |
| 50 | DFSEUR | Discover Financial Services | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，KBC Group NV 在 Q3 2025 季度的美股持倉總市值約為 US$463.0億，共申報了 1727 個公開持股部位。
在 Q3 2025 季度，KBC Group NV 按市值排列的前三大核心持股分別為：NVDA (7.4%)、MSFT (6.8%)、GOOG (5.2%)。其中最大持股部位 NVDA 佔據整體投資組合約 7.4% 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。
本季最大獲利了結 / 清倉標的
DFSEUR
前期市值: US$1.5億
在 Q3 2025 季度中，KBC Group NV 共進行了 50 項持倉異動，包含新建倉 0 個部位、加碼 35 個部位、減碼 14 個部位以及清倉 1 個部位。 本季清倉部位包含 DFSEUR。
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。