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: 0001584686
申報總市值
US$16.7億
US$16.7億
494 檔
24.6%
Kentucky Retirement Systems Insurance Trust Fund 在 Q3 2025 季度的美股部位總計估值為 US$16.7億，分散於 494 個持倉標的之中，反映其市場參與廣度與投資規模。
從 Q3 2025 申報觀察，Kentucky Retirement Systems Insurance Trust Fund 採取防禦導向的調倉策略，本季減碼 164 檔個股並出清 13 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，Kentucky Retirement Systems Insurance Trust Fund 的前 5 大核心持股（包含 NVDA, MSFT, AAPL 等）合計佔整體申報市值的 24.6%，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 494 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 | 7.59% | +0.03% | -3.26% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 6.68% | -0.58% | -3.54% | |
| 3 | AAPL | Apple Inc | 股票-科技 | 6.45% | -0.10% | -4.29% | |
| 4 | AMZN | Amazon.com Inc | 股票-循環性消費 | 3.66% | +0.01% | -1.14% | |
| 5 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 2.79% | -0.31% | -3.61% | |
| 6 | AVGO | Broadcom Inc | 股票-科技 | 2.65% | +0.18% | -2.87% | |
| 7 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 2.46% | +0.27% | -4.34% | |
| 8 | TSLA | Tesla Inc | 股票-循環性消費 | 2.17% | -0.02% | -2.10% | |
| 9 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 2.00% | +0.20% | -5.65% | |
| 10 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 1.61% | -0.13% | -2.53% | |
| 11 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.52% | -0.04% | -11.89% | |
| 12 | LLY | Eli Lilly & Co | 股票-醫療保健 | 1.06% | +0.19% | -3.20% | |
| 13 | V | Visa Inc-class A Shares | 股票-金融 | 1.01% | — | -4.49% | |
| 14 | NFLX | Netflix Inc | 股票-通訊服務 | 0.88% | -0.26% | -4.19% | |
| 15 | XOM | Exxon Mobil CORP | 股票-能源 | 0.85% | -0.38% | -4.67% | |
| 16 | ORCL | Oracle CORP | 股票-科技 | 0.81% | -0.05% | +0.21% | |
| 17 | MA | Mastercard Inc - A | 股票-金融 | 0.80% | -0.08% | -3.49% | |
| 18 | WMT | Walmart Inc | 股票-非循環性消費 | 0.78% | -0.20% | -3.03% | |
| 19 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.78% | -0.09% | -3.50% | |
| 20 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.71% | -0.14% | -3.15% | |
| 21 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.71% | +0.01% | -3.27% | |
| 22 | HD | Home Depot Inc | 股票-循環性消費 | 0.70% | -0.04% | -2.90% | |
| 23 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 0.69% | -0.17% | +2.64% | |
| 24 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.63% | -0.07% | -3.71% | |
| 25 | BAC | Bank Of America CORP | 股票-金融 | 0.60% | — | -2.02% | |
| 26 | GE | General Electric | 股票-工業 | 0.55% | +0.08% | -5.49% | |
| 27 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 0.55% | +0.15% | -4.28% | |
| 28 | CVX | Chevron CORP | 股票-能源 | 0.52% | -0.21% | +13.51% | |
| 29 | CSCO | Cisco Systems Inc | 股票-科技 | 0.47% | +0.18% | -3.54% | |
| 30 | WFC | Wells Fargo & Co | 股票-金融 | 0.47% | -0.05% | -5.21% | |
| 31 | IBM | Intl Business Machines CORP | 股票-科技 | 0.46% | +0.01% | -1.89% | |
| 32 | AMD | Advanced Micro Devices | 股票-科技 | 0.45% | +0.88% | -3.23% | |
| 33 | KO | Coca-cola Co/the | 股票-非循環性消費 | 0.45% | -0.03% | -3.10% | |
| 34 | PM | Philip Morris International | 股票-非循環性消費 | 0.44% | -0.02% | -3.05% | |
| 35 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.42% | +0.02% | -3.61% | |
| 36 | ABT | Abbott Laboratories | 股票-醫療保健 | 0.40% | -0.07% | -3.16% | |
| 37 | RTX | Rtx CORP | 股票-工業 | 0.39% | -0.06% | -2.67% | |
| 38 | LIN | Linde plc | 股票-原物料 | 0.39% | -0.04% | -5.46% | |
| 39 | CRM | Salesforce Inc | 股票-科技 | 0.38% | -0.09% | -2.27% | |
| 40 | CAT | Caterpillar Inc | 股票-工業 | 0.38% | +0.18% | -7.20% | |
| 41 | MCD | Mcdonald's CORP | 股票-循環性消費 | 0.38% | -0.10% | -4.03% | |
| 42 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.37% | -0.04% | -3.88% | |
| 43 | DIS | Walt Disney Co/the | 股票-通訊服務 | 0.36% | -0.04% | -3.53% | |
| 44 | T | At&t Inc | 股票-通訊服務 | 0.34% | -0.14% | -5.48% | |
| 45 | UBER | Uber Technologies Inc | 股票-工業 | 0.34% | -0.03% | -4.18% | |
| 46 | PEP | Pepsico Inc | 股票-非循環性消費 | 0.33% | -0.09% | -3.58% | |
| 47 | NOW | Servicenow Inc | 股票-科技 | 0.33% | -0.03% | -2.63% | |
| 48 | MU | Micron Technology Inc | 股票-科技 | 0.32% | +1.34% | -1.95% | |
| 49 | INTU | Intuit Inc | 股票-科技 | 0.32% | -0.10% | -3.26% | |
| 50 | VZ | Verizon Communications Inc | 股票-通訊服務 | 0.32% | -0.10% | -3.05% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | +2.3% | -3.26% | 減碼 |
| 2 | AVGO | Broadcom Inc | +1% | -2.87% | 減碼 |
| 3 | MSFT | Microsoft CORP | +0.9% | -3.54% | 減碼 |
| 4 | TSLA | Tesla Inc | +0.7% | -2.10% | 減碼 |
| 5 | GOOGL | Alphabet Inc-cl A | +0.6% | -4.34% | 減碼 |
| 6 | GOOG | Alphabet Inc-cl C | +0.4% | -5.65% | 減碼 |
| 7 | ORCL | Oracle CORP | +0.3% | +0.21% | 減碼 |
| 8 | PLTR | Palantir Technologies Inc-a | +0.3% | +2.64% | 減碼 |
| 9 | META | Meta Platforms Inc-class A | +0.2% | -3.61% | 減碼 |
| 10 | APP | Applovin Corp-class A | +0.2% | -12.03% | 減碼 |
| 11 | MU | Micron Technology Inc | +0.1% | -1.95% | 減碼 |
| 12 | GEV | GE Vernova Inc | +0.1% | -2.91% | 減碼 |
| 13 | AMD | Advanced Micro Devices | +0.1% | -3.23% | 減碼 |
| 14 | LRCX | Lam Research CORP | +0.1% | -3.77% | 減碼 |
| 15 | GE | General Electric | +0.1% | -5.49% | 減碼 |
| 16 | APH | Amphenol Corp-cl A | +0.1% | -1.24% | 減碼 |
| 17 | ANET | Arista Networks Inc | +0.1% | -3.13% | 減碼 |
| 18 | COF | Capital One Financial CORP | +0.1% | -3.98% | 加碼 |
| 19 | RBLX | Roblox CORP -class A | +0.1% | +12.58% | 加碼 |
| 20 | JPM | Jpmorgan Chase & Co | +0.1% | -11.89% | 減碼 |
| 21 | GS | Goldman Sachs Group Inc | +0.1% | -3.61% | 減碼 |
| 22 | KLAC | Kla CORP | +0.1% | -3.15% | 減碼 |
| 23 | NFLX | Netflix Inc | +0.1% | -4.19% | 減碼 |
| 24 | CAT | Caterpillar Inc | +0.1% | -7.20% | 減碼 |
| 25 | CEG | Constellation Energy | +0.1% | -3.76% | 減碼 |
| 26 | COIN | Coinbase Global Inc -class A | +0.1% | +0.36% | 減碼 |
| 27 | NEM | Newmont CORP | +0.1% | -6.72% | 減碼 |
| 28 | VRT | Vertiv Holdings Co-a | +0.1% | +2.85% | 減碼 |
| 29 | NET | Cloudflare Inc - Class A | +0.1% | -1.92% | 減碼 |
| 30 | INTC | Intel CORP | 0% | -2.47% | 減碼 |
| 31 | C | Citigroup Inc | 0% | -6.67% | 減碼 |
| 32 | MS | Morgan Stanley | 0% | -2.86% | 減碼 |
| 33 | AMAT | Applied Materials Inc | 0% | -4.65% | 減碼 |
| 34 | CRWD | Crowdstrike Holdings Inc - A | 0% | +2.67% | 減碼 |
| 35 | RCL | Royal Caribbean Cruises Ltd. | 0% | +3.43% | 減碼 |
| 36 | DASH | Doordash Inc - A | 0% | -1.79% | 減碼 |
| 37 | WDC | Western Digital CORP | 0% | -3.03% | 減碼 |
| 38 | GLW | Corning Inc | 0% | -1.42% | 減碼 |
| 39 | VST | Vistra CORP | 0% | -3.51% | 減碼 |
| 40 | UBER | Uber Technologies Inc | 0% | -4.18% | 減碼 |
| 41 | ETN | Eaton Corporation plc | 0% | -3.94% | 減碼 |
| 42 | HWM | Howmet Aerospace Inc | 0% | -4.23% | 減碼 |
| 43 | PWR | Quanta Services Inc | 0% | -1.87% | 減碼 |
| 44 | CDNS | Cadence Design Sys Inc | 0% | -3.13% | 減碼 |
| 45 | ALNY | Alnylam Pharmaceuticals Inc | 0% | -6.22% | 減碼 |
| 46 | WBD | Warner Bros Discovery Inc | 0% | -7.14% | 減碼 |
| 47 | BAC | Bank Of America CORP | 0% | -2.02% | 減碼 |
| 48 | RTX | Rtx CORP | 0% | -2.67% | 減碼 |
| 49 | BLK | Blackrock Inc | 0% | -0.02% | 減碼 |
| 50 | SNOW | Snowflake Inc | 0% | -3.13% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Kentucky Retirement Systems Insurance Trust Fund 在 Q3 2025 季度的美股持倉總市值約為 US$16.7億，共申報了 494 個公開持股部位。
在 Q3 2025 季度，Kentucky Retirement Systems Insurance Trust Fund 按市值排列的前三大核心持股分別為：NVDA (7.6%)、MSFT (6.7%)、AAPL (6.5%)。其中最大持股部位 NVDA 佔據整體投資組合約 7.6% 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
HOOD
市值: US$278.9萬
本季最大獲利了結 / 清倉標的
HES
前期市值: US$129.8萬
在 Q3 2025 季度中，Kentucky Retirement Systems Insurance Trust Fund 共進行了 200 項持倉異動，包含新建倉 18 個部位、加碼 5 個部位、減碼 164 個部位以及清倉 13 個部位。 其中最大新建倉標的為 HOOD。 本季清倉部位包含 HES。
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。