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: 0000809339
申報總市值
US$9.8億
US$9.8億
193 檔
23.8%
截至 Q2 2026 季度末，L. Roy Papp & Associates, LLP 的美股持倉估值約為 US$9.8億，全數申報部位共有 193 檔。
Q2 2026 的申報記錄反映 L. Roy Papp & Associates, LLP 的板塊替換策略：機構本季推動了 73 筆增持與 73 筆減持，籌碼呈現明顯的結構重組。
整體而言，L. Roy Papp & Associates, LLP 的前 5 大持股（包含 AAPL, GOOG, MSFT）貢獻了組合市值的 23.8%，形成該機構在 Q2 2026 季度的基本面基石。
| # | 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 | 6.88% | +0.64% | -0.48% | |
| 2 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 5.56% | -0.36% | -4.11% | |
| 3 | MSFT | Microsoft CORP | 股票-科技 | 4.73% | +1.56% | +2.87% | |
| 4 | V | Visa Inc-class A Shares | 股票-金融 | 3.72% | +0.04% | +2.05% | |
| 5 | BLK | Blackrock Inc | 股票-金融 | 3.69% | +0.26% | +1.38% | |
| 6 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 3.54% | -0.29% | -3.85% | |
| 7 | MRVL | Marvell Technology Inc | 股票-科技 | 3.50% | -0.61% | -9.07% | |
| 8 | ORLY | O'reilly Automotive Inc | 股票-循環性消費 | 3.22% | -0.32% | -0.16% | |
| 9 | JNJ | Johnson & Johnson | 股票-醫療保健 | 3.17% | — | +1.23% | |
| 10 | EXPD | Expeditors Intl Wash Inc | 股票-工業 | 2.74% | +0.24% | -0.67% | |
| 11 | TMO | Thermo Fisher Scientific Inc | 股票-醫療保健 | 2.71% | +0.84% | +1.39% | |
| 12 | EOG | Eog Resources Inc | 股票-能源 | 2.44% | +0.07% | -0.52% | |
| 13 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 2.34% | -0.14% | -0.19% | |
| 14 | HD | Home Depot Inc | 股票-循環性消費 | 2.31% | -0.50% | +0.42% | |
| 15 | SYK | Stryker CORP | 股票-醫療保健 | 2.27% | -0.35% | +4.61% | |
| 16 | XBI | Ss Spdr S&p Biotech ETF | ETF-科技型 | 2.23% | -0.08% | +0.44% | |
| 17 | CNI | Canadian Natl Railway Co | 股票-工業 | 1.67% | -0.06% | +1.61% | |
| 18 | RSP | Invesco S&p 500 Equal Weight | ETF-大型股與成長 | 1.63% | -0.12% | +3.35% | |
| 19 | ADI | Analog Devices Inc | 股票-科技 | 1.57% | -0.05% | +2.23% | |
| 20 | ACN | Accenture plc | 股票-科技 | 1.41% | +0.37% | -3.14% | |
| 21 | MTD | Mettler-toledo International | 股票-醫療保健 | 1.39% | +0.20% | -0.64% | |
| 22 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.38% | +0.15% | +30.53% | |
| 23 | MA | Mastercard Inc - A | 股票-金融 | 1.37% | +0.05% | +0.08% | |
| 24 | XOM | Exxon Mobil CORP | 股票-能源 | 1.21% | -1.21% | EXIT | |
| 25 | AME | Ametek Inc | 股票-工業 | 1.20% | +0.01% | +1.43% | |
| 26 | ROK | Rockwell Automation Inc | 股票-工業 | 1.19% | -0.18% | +2.39% | |
| 27 | SCHO | Schwab Short-term US Treas | ETF-其他 | 1.19% | -0.17% | -1.09% | |
| 28 | XLK | Ss Technology Select Sector | ETF-科技型 | 1.10% | -0.08% | -12.94% | |
| 29 | ECL | Ecolab Inc | 股票-原物料 | 1.05% | -0.04% | +1.99% | |
| 30 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 1.03% | -0.03% | +1.26% | |
| 31 | VMI | Valmont Industries | 股票-工業 | 0.90% | -0.20% | -1.23% | |
| 32 | EMR | Emerson Electric Co | 股票-工業 | 0.82% | +0.03% | +0.30% | |
| 33 | NVDA | Nvidia CORP | 股票-科技 | 0.81% | +0.09% | +0.15% | |
| 34 | USMV | Ishares Msci USA Min Vol Fac | ETF-其他 | 0.78% | +0.04% | -2.13% | |
| 35 | LIN | Linde plc | 股票-原物料 | 0.72% | +0.04% | +62.85% | |
| 36 | PEP | Pepsico Inc | 股票-非循環性消費 | 0.71% | -0.06% | +1.50% | |
| 37 | WY | Weyerhaeuser Co | 股票-房地產 | 0.69% | -0.16% | — | |
| 38 | RBC | RBC Bearings Inc | 股票-工業 | 0.67% | -0.16% | -4.68% | |
| 39 | CVX | Chevron CORP | 股票-能源 | 0.64% | +0.11% | -0.72% | |
| 40 | IGSB | Ishares 1-5y Inv Grade CORP | ETF-其他 | 0.62% | -0.11% | +11.62% | |
| 41 | CAT | Caterpillar Inc | 股票-工業 | 0.60% | -0.19% | +5.28% | |
| 42 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.60% | -0.02% | -1.69% | |
| 43 | NXPI | NXP Semiconductors N.V. | 股票-科技 | 0.59% | -0.10% | +2.62% | |
| 44 | WCN | Waste Connections Inc | 股票-工業 | 0.48% | -0.05% | — | |
| 45 | WM | Waste Management Inc | 股票-工業 | 0.44% | +0.05% | +42.50% | |
| 46 | VGT | Vanguard Info Tech ETF | ETF-科技型 | 0.44% | +0.01% | +700.00% | |
| 47 | MCD | Mcdonald's CORP | 股票-循環性消費 | 0.43% | +0.01% | +65.85% | |
| 48 | SCHB | Schwab US Broad Market ETF | ETF-其他 | 0.42% | -0.02% | +0.06% | |
| 49 | TRMB | Trimble Inc | 股票-科技 | 0.41% | +0.04% | -2.45% | |
| 50 | VIG | Vanguard Dividend Apprec ETF | ETF-其他 | 0.41% | -0.05% | -2.69% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | MRVL | Marvell Technology Inc | +2.1% | -9.07% | 減碼 |
| 2 | GOOG | Alphabet Inc-cl C | +0.4% | -4.11% | 減碼 |
| 3 | JPM | Jpmorgan Chase & Co | +0.3% | +30.53% | 加碼 |
| 4 | GOOGL | Alphabet Inc-cl A | +0.3% | -3.85% | 減碼 |
| 5 | XBI | Ss Spdr S&p Biotech ETF | +0.3% | +0.44% | 加碼 |
| 6 | ROK | Rockwell Automation Inc | +0.3% | +2.39% | 加碼 |
| 7 | LIN | Linde plc | +0.3% | +62.85% | 加碼 |
| 8 | AAPL | Apple Inc | +0.2% | -0.48% | 減碼 |
| 9 | ADI | Analog Devices Inc | +0.2% | +2.23% | 加碼 |
| 10 | VMI | Valmont Industries | +0.2% | -1.23% | 減碼 |
| 11 | V | Visa Inc-class A Shares | +0.2% | +2.05% | 加碼 |
| 12 | CAT | Caterpillar Inc | +0.2% | +5.28% | 加碼 |
| 13 | NXPI | NXP Semiconductors N.V. | +0.2% | +2.62% | 加碼 |
| 14 | INTC | Intel CORP | +0.1% | — | 不變 |
| 15 | GWW | Ww Grainger Inc | +0.1% | +130.26% | 加碼 |
| 16 | XLK | Ss Technology Select Sector | +0.1% | -12.94% | 減碼 |
| 17 | CNI | Canadian Natl Railway Co | +0.1% | +1.61% | 加碼 |
| 18 | MCD | Mcdonald's CORP | +0.1% | +65.85% | 加碼 |
| 19 | STIP | Ishares 0-5 Year Tips Bond E | +0.1% | NEW | 新建倉 |
| 20 | EXPD | Expeditors Intl Wash Inc | +0.1% | -0.67% | 減碼 |
| 21 | WM | Waste Management Inc | +0.1% | +42.50% | 加碼 |
| 22 | VGT | Vanguard Info Tech ETF | +0.1% | +700.00% | 加碼 |
| 23 | TECH | Bio-techne CORP | +0.1% | +18.05% | 加碼 |
| 24 | RSP | Invesco S&p 500 Equal Weight | +0.1% | +3.35% | 加碼 |
| 25 | LLY | Eli Lilly & Co | +0.1% | +21.75% | 加碼 |
| 26 | YETI | Yeti Holdings Inc | +0.1% | -0.57% | 減碼 |
| 27 | AGYS | Agilysys Inc | +0.1% | NEW | 新建倉 |
| 28 | WDFC | Wd-40 Co | +0.1% | NEW | 新建倉 |
| 29 | AME | Ametek Inc | +0.1% | +1.43% | 加碼 |
| 30 | MCHP | Microchip Technology Inc | +0.1% | -3.12% | 減碼 |
| 31 | STT | State Street CORP | 0% | -2.22% | 減碼 |
| 32 | AMAT | Applied Materials Inc | 0% | -10.68% | 減碼 |
| 33 | ✓ | 0% | NEW | 新建倉 | |
| 34 | ✓ | 0% | NEW | 新建倉 | |
| 35 | AMD | Advanced Micro Devices | 0% | NEW | 新建倉 |
| 36 | NVDA | Nvidia CORP | 0% | +0.15% | 加碼 |
| 37 | XNTK | Ss Spdr Nyse Tech ETF | 0% | NEW | 新建倉 |
| 38 | MELI | Mercadolibre Inc | 0% | NEW | 新建倉 |
| 39 | TSM | Taiwan Semiconductor-sp Adr | 0% | NEW | 新建倉 |
| 40 | RBC | RBC Bearings Inc | 0% | -4.68% | 減碼 |
| 41 | SCHB | Schwab US Broad Market ETF | 0% | +0.06% | 加碼 |
| 42 | VUG | Vanguard Growth ETF | 0% | +491.37% | 加碼 |
| 43 | AVGO | Broadcom Inc | 0% | NEW | 新建倉 |
| 44 | IWM | Ishares Russell 2000 ETF | 0% | +61.40% | 加碼 |
| 45 | PANW | Palo Alto Networks Inc | 0% | NEW | 新建倉 |
| 46 | KMB | Kimberly-clark CORP | 0% | NEW | 新建倉 |
| 47 | SOXQ | Invesco Phlx Semiconductor | 0% | NEW | 新建倉 |
| 48 | ETN | Eaton Corporation plc | 0% | NEW | 新建倉 |
| 49 | HCI | Hci Group Inc | 0% | NEW | 新建倉 |
| 50 | INDV | Indivior Pharmaceuticals Inc | 0% | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，L. Roy Papp & Associates, LLP 在 Q2 2026 季度的美股持倉總市值約為 US$9.8億，共申報了 193 個公開持股部位。
在 Q2 2026 季度，L. Roy Papp & Associates, LLP 按市值排列的前三大核心持股分別為：AAPL (6.9%)、GOOG (5.6%)、MSFT (4.7%)。其中最大持股部位 AAPL 佔據整體投資組合約 6.9% 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
STIP
市值: US$96.0萬
本季最大獲利了結 / 清倉標的
HON
前期市值: US$74.7萬
在 Q2 2026 季度中，L. Roy Papp & Associates, LLP 共進行了 146 項持倉異動，包含新建倉 17 個部位、加碼 56 個部位、減碼 65 個部位以及清倉 8 個部位。 其中最大新建倉標的為 STIP。 本季清倉部位包含 HON。
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。