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: 0001840455
申報總市值
US$6.3億
US$6.3億
236 檔
12.3%
Kesler, Norman & Wride, LLC 在 Q4 2025 季度的美股部位總計估值為 US$6.3億，分散於 236 個持倉標的之中，反映其市場參與廣度與投資規模。
Kesler, Norman & Wride, LLC 於 Q4 2025 展現出進攻型調倉步調，本季推動了 9 檔股票的新建倉與 23 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。
在資產配置集中度方面，Kesler, Norman & Wride, LLC 的前 5 大核心持股（包含 AAPL, MSFT, KR 等）合計佔整體申報市值的 12.3%，反映機構在主要關鍵部位上的權重分佈。
本季最大新建倉標的
BITB
市值: US$477.3萬
本季最大獲利了結 / 清倉標的
IBDQ
前期市值: US$799.5萬
僅顯示前 200 大持股（共 236 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 | AAPL | Apple Inc | 股票-科技 | 3.29% | +0.20% | -0.68% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 2.95% | -0.22% | +0.71% | |
| 3 | KR | Kroger Co | 股票-非循環性消費 | 2.84% | -0.97% | -24.00% | |
| 4 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 2.18% | +0.09% | -36.13% | |
| 5 | AVGO | Broadcom Inc | 股票-科技 | 2.04% | +0.08% | +0.70% | |
| 6 | COR | Cencora Inc | 股票-醫療保健 | 1.92% | -0.31% | -4.28% | |
| 7 | NVDA | Nvidia CORP | 股票-科技 | 1.87% | -0.03% | -8.94% | |
| 8 | ADI | Analog Devices Inc | 股票-科技 | 1.73% | +0.19% | +6.10% | |
| 9 | BLK | Blackrock Inc | 股票-金融 | 1.58% | -0.16% | +3.70% | |
| 10 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 1.53% | -0.25% | -5.94% | |
| 11 | GD | General Dynamics CORP | 股票-工業 | 1.50% | -0.09% | -4.05% | |
| 12 | LHX | L3harris Technologies Inc | 股票-工業 | 1.48% | -0.41% | +3.39% | |
| 13 | WMT | Walmart Inc | 股票-非循環性消費 | 1.48% | -0.15% | +214.78% | |
| 14 | ICE | Intercontinental Exchange In | 股票-金融 | 1.48% | -0.42% | +3.15% | |
| 15 | PH | Parker Hannifin CORP | 股票-工業 | 1.47% | +0.02% | +3.06% | |
| 16 | LOW | Lowe's Cos Inc | 股票-循環性消費 | 1.43% | -0.48% | +2.39% | |
| 17 | NFLX | Netflix Inc | 股票-通訊服務 | 1.43% | -0.48% | +3052.52% | |
| 18 | CB | Chubb Limited | 股票-金融 | 1.41% | -0.06% | +1.88% | |
| 19 | IBDR | Ishares Ibonds Dec 2026 Term | ETF-其他 | 1.40% | -0.16% | +29.34% | |
| 20 | VGT | Vanguard Info Tech ETF | ETF-科技型 | 1.40% | +0.34% | +2.40% | |
| 21 | CSCO | Cisco Systems Inc | 股票-科技 | 1.34% | +0.53% | -1.74% | |
| 22 | MA | Mastercard Inc - A | 股票-金融 | 1.27% | -0.12% | +3.58% | |
| 23 | IBDS | Ishrs Ibnds Dec 27 CORP ETF | ETF-其他 | 1.26% | -0.14% | +56.13% | |
| 24 | AMGN | Amgen Inc | 股票-醫療保健 | 1.25% | -0.08% | -4.78% | |
| 25 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 1.21% | +0.24% | -10.16% | |
| 26 | ABT | Abbott Laboratories | 股票-醫療保健 | 1.16% | -0.16% | +0.79% | |
| 27 | TAX | Cambria Tax Aware ETF | ETF-其他 | 1.14% | +0.07% | -13.00% | |
| 28 | JKHY | Jack Henry & Associates Inc | 股票-科技 | 1.10% | -0.19% | +7.74% | |
| 29 | UNP | Union Pacific CORP | 股票-工業 | 1.10% | +0.03% | +5.51% | |
| 30 | FLOT | Ishares Floating Rate Bond E | ETF-其他 | 1.08% | -0.13% | -5.84% | |
| 31 | SYK | Stryker CORP | 股票-醫療保健 | 1.07% | -0.12% | +103.70% | |
| 32 | NEE | Nextera Energy Inc | 股票-公用事業 | 1.06% | -0.12% | +0.48% | |
| 33 | ACN | Accenture plc | 股票-科技 | 1.04% | -0.31% | +7.66% | |
| 34 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 1.04% | -0.06% | +5.71% | |
| 35 | LMT | Lockheed Martin CORP | 股票-工業 | 1.00% | -0.28% | -1.03% | |
| 36 | EMR | Emerson Electric Co | 股票-工業 | 0.97% | +0.02% | +1.21% | |
| 37 | IWLG | Nyli Winslow Lrg Cap Grw ETF | ETF-其他 | 0.96% | +0.06% | +6.74% | |
| 38 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.95% | +0.33% | +8.27% | |
| 39 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.93% | -0.14% | +1.57% | |
| 40 | V | Visa Inc-class A Shares | 股票-金融 | 0.92% | +0.08% | +8.65% | |
| 41 | PSX | Phillips 66 | 股票-能源 | 0.91% | -0.19% | -0.57% | |
| 42 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.89% | -0.05% | +13.71% | |
| 43 | TXN | Texas Instruments Inc | 股票-科技 | 0.89% | +0.39% | -11.68% | |
| 44 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 0.85% | -0.58% | +104.66% | |
| 45 | APD | Air Products & Chemicals Inc | 股票-原物料 | 0.85% | -0.07% | +2.64% | |
| 46 | BITB | Bitwise Bitcoin ETF | ETF-加密貨幣 | 0.82% | -0.63% | EXIT | |
| 47 | AMZN | Amazon.com Inc | 股票-循環性消費 | 0.80% | +0.05% | +1.40% | |
| 48 | AMD | Advanced Micro Devices | 股票-科技 | 0.78% | +1.00% | +56.38% | |
| 49 | XOM | Exxon Mobil CORP | 股票-能源 | 0.75% | -0.27% | +17.82% | |
| 50 | APH | Amphenol Corp-cl A | 股票-科技 | 0.70% | -0.11% | +60.79% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | WMT | Walmart Inc | +1% | +214.78% | 加碼 |
| 2 | NFLX | Netflix Inc | +0.9% | +3052.52% | 加碼 |
| 3 | PLTR | Palantir Technologies Inc-a | +0.7% | +104.66% | 加碼 |
| 4 | AVGO | Broadcom Inc | +0.5% | +0.70% | 加碼 |
| 5 | ZTS | Zoetis Inc | +0.5% | +510.07% | 加碼 |
| 6 | SYK | Stryker CORP | +0.5% | +103.70% | 加碼 |
| 7 | AMD | Advanced Micro Devices | +0.5% | +56.38% | 加碼 |
| 8 | APH | Amphenol Corp-cl A | +0.5% | +60.79% | 加碼 |
| 9 | COR | Cencora Inc | +0.4% | -4.28% | 減碼 |
| 10 | IBDS | Ishrs Ibnds Dec 27 CORP ETF | +0.4% | +56.13% | 加碼 |
| 11 | LHX | L3harris Technologies Inc | +0.3% | +3.39% | 加碼 |
| 12 | PH | Parker Hannifin CORP | +0.3% | +3.06% | 加碼 |
| 13 | GOOGL | Alphabet Inc-cl A | +0.3% | -10.16% | 減碼 |
| 14 | ADI | Analog Devices Inc | +0.3% | +6.10% | 加碼 |
| 15 | IBDT | Ishares Ibonds Dec 2028 ETF | +0.3% | +99.01% | 加碼 |
| 16 | KLAC | Kla CORP | +0.3% | +80.69% | 加碼 |
| 17 | LLY | Eli Lilly & Co | +0.2% | +8.27% | 加碼 |
| 18 | JPM | Jpmorgan Chase & Co | +0.2% | +13.71% | 加碼 |
| 19 | MS | Morgan Stanley | +0.2% | +85.05% | 加碼 |
| 20 | ATO | Atmos Energy CORP | +0.2% | +303.68% | 加碼 |
| 21 | IBDU | Ishares Ibonds Dec 2029 Term | +0.2% | +87.20% | 加碼 |
| 22 | NVDA | Nvidia CORP | +0.2% | -8.94% | 減碼 |
| 23 | IBDR | Ishares Ibonds Dec 2026 Term | +0.2% | +29.34% | 加碼 |
| 24 | CSCO | Cisco Systems Inc | +0.1% | -1.74% | 減碼 |
| 25 | VGT | Vanguard Info Tech ETF | +0.1% | +2.40% | 加碼 |
| 26 | GD | General Dynamics CORP | +0.1% | -4.05% | 減碼 |
| 27 | MSFT | Microsoft CORP | 0% | +0.71% | 加碼 |
| 28 | AAPL | Apple Inc | -0.2% | -0.68% | 減碼 |
| 29 | ACN | Accenture plc | -0.4% | +7.66% | 加碼 |
| 30 | MDT | Medtronic plc | -0.7% | -74.88% | 減碼 |
| 31 | UPS | United Parcel Service-cl B | -0.7% | -93.30% | 減碼 |
| 32 | JNJ | Johnson & Johnson | -1% | -73.25% | 減碼 |
| 33 | SPY | Ss Spdr S&p 500 ETF Trust-us | -1.2% | -36.13% | 減碼 |
| 34 | KR | Kroger Co | -1.3% | -24.00% | 減碼 |
| 35 | UNH | Unitedhealth Group Inc | -1.6% | -72.43% | 減碼 |
| 36 | IBDQ | Ishares Ibonds Dec 2025 Term | — | EXIT | 清倉 |
| 37 | BITB | Bitwise Bitcoin ETF | — | NEW | 新建倉 |
| 38 | KEY | Keycorp | — | EXIT | 清倉 |
| 39 | CBSH | Commerce Bancshares Inc | — | EXIT | 清倉 |
| 40 | BRO | Brown & Brown Inc | — | EXIT | 清倉 |
| 41 | APP | Applovin Corp-class A | — | NEW | 新建倉 |
| 42 | BPOP | Popular Inc | — | NEW | 新建倉 |
| 43 | DFAW | Dimensional World Eqty ETF | — | NEW | 新建倉 |
| 44 | VOO | Vanguard S&p 500 ETF | — | NEW | 新建倉 |
| 45 | IWF | Ishares Russell 1000 Growth | — | NEW | 新建倉 |
| 46 | AWK | American Water Works Co Inc | — | EXIT | 清倉 |
| 47 | TTD | Trade Desk Inc/the -class A | — | EXIT | 清倉 |
| 48 | TJX | Tjx Companies Inc | — | NEW | 新建倉 |
| 49 | L | Loews CORP | — | NEW | 新建倉 |
| 50 | IYZ | Ishares US Telecommunication | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Kesler, Norman & Wride, LLC 在 Q4 2025 季度的美股持倉總市值約為 US$6.3億，共申報了 236 個公開持股部位。
在 Q4 2025 季度，Kesler, Norman & Wride, LLC 按市值排列的前三大核心持股分別為：AAPL (3.3%)、MSFT (3.0%)、KR (2.8%)。其中最大持股部位 AAPL 佔據整體投資組合約 3.3% 的權重。
在 Q4 2025 季度中，Kesler, Norman & Wride, LLC 共進行了 50 項持倉異動，包含新建倉 9 個部位、加碼 23 個部位、減碼 12 個部位以及清倉 6 個部位。 其中最大新建倉標的為 BITB。 本季清倉部位包含 IBDQ。
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。
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。
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。