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: 0001307878
申報總市值
US$7.7億
US$7.7億
132 檔
10.3%
Laffer Tengler Investments, Inc. 在 Q1 2025 季度的美股部位總計估值為 US$7.7億，分散於 132 個持倉標的之中，反映其市場參與廣度與投資規模。
Laffer Tengler Investments, Inc. 於 Q1 2025 展現出進攻型調倉步調，本季推動了 26 檔股票的新建倉與 12 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，Laffer Tengler Investments, Inc. 的前 5 大核心持股（包含 MSFT, AVGO, GS 等）合計佔整體申報市值的 10.3%，反映機構在主要關鍵部位上的權重分佈。
| # | 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 | MSFT | Microsoft CORP | 股票-科技 | 4.36% | -0.34% | -4.70% | |
| 2 | AVGO | Broadcom Inc | 股票-科技 | 4.36% | +0.22% | -1.60% | |
| 3 | GS | Goldman Sachs Group Inc | 股票-金融 | 3.71% | +0.22% | +2.50% | |
| 4 | AXP | American Express Co | 股票-金融 | 3.51% | +0.34% | -5.17% | |
| 5 | WMT | Walmart Inc | 股票-非循環性消費 | 3.50% | -0.55% | -2.37% | |
| 6 | ABBV | Abbvie Inc | 股票-醫療保健 | 3.37% | +0.06% | +2.57% | |
| 7 | JPM | Jpmorgan Chase & Co | 股票-金融 | 3.36% | -0.02% | -7.41% | |
| 8 | HD | Home Depot Inc | 股票-循環性消費 | 2.81% | +0.23% | -1.42% | |
| 9 | CVX | Chevron CORP | 股票-能源 | 2.63% | -0.46% | +1.04% | |
| 10 | RTX | Rtx CORP | 股票-工業 | 2.55% | -0.26% | -4.19% | |
| 11 | AAPL | Apple Inc | 股票-科技 | 2.42% | — | -13.43% | |
| 12 | JNJ | Johnson & Johnson | 股票-醫療保健 | 2.35% | -0.13% | +6.86% | |
| 13 | ORCL | Oracle CORP | 股票-科技 | 2.21% | -0.15% | -7.19% | |
| 14 | MCD | Mcdonald's CORP | 股票-循環性消費 | 2.12% | -0.11% | -7.45% | |
| 15 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 2.11% | +0.12% | -3.52% | |
| 16 | EMR | Emerson Electric Co | 股票-工業 | 2.10% | -0.03% | -3.59% | |
| 17 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.06% | -0.01% | -0.78% | |
| 18 | CARR | Carrier Global CORP | 股票-工業 | 1.98% | +0.21% | -5.14% | |
| 19 | PANW | Palo Alto Networks Inc | 股票-科技 | 1.96% | +1.02% | +5.91% | |
| 20 | LRCX | Lam Research CORP | 股票-科技 | 1.90% | +1.26% | +1.01% | |
| 21 | STLD | Steel Dynamics Inc | 股票-原物料 | 1.83% | -0.11% | -5.91% | |
| 22 | SPOT | Spotify Technology S.A. | 股票-通訊服務 | 1.83% | -0.20% | +4.47% | |
| 23 | NOW | Servicenow Inc | 股票-科技 | 1.81% | -0.16% | +5.11% | |
| 24 | BAM | Brookfield Asset Mgmt-a | 股票-金融 | 1.78% | -0.08% | +2.30% | |
| 25 | EOG | Eog Resources Inc | 股票-能源 | 1.76% | -0.85% | EXIT | |
| 26 | SBUX | Starbucks CORP | 股票-循環性消費 | 1.61% | +0.18% | -3.35% | |
| 27 | TXN | Texas Instruments Inc | 股票-科技 | 1.56% | — | -6.02% | |
| 28 | UBER | Uber Technologies Inc | 股票-工業 | 1.46% | -0.12% | +18.45% | |
| 29 | LHX | L3harris Technologies Inc | 股票-工業 | 1.43% | -0.44% | -4.64% | |
| 30 | CMG | Chipotle Mexican Grill Inc | 股票-循環性消費 | 1.40% | — | +17.16% | |
| 31 | NXPI | NXP Semiconductors N.V. | 股票-科技 | 1.26% | — | +3.04% | |
| 32 | MDT | Medtronic plc | 股票-醫療保健 | 1.20% | -0.81% | EXIT | |
| 33 | PLD | Prologis Inc | 股票-房地產 | 1.19% | -0.07% | +7.25% | |
| 34 | NEE | Nextera Energy Inc | 股票-公用事業 | 1.17% | -0.15% | +9.63% | |
| 35 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 1.11% | -0.21% | -22.15% | |
| 36 | WMB | Williams Cos Inc | 股票-能源 | 1.08% | -0.09% | — | |
| 37 | NVDA | Nvidia CORP | 股票-科技 | 1.06% | +0.71% | +14.80% | |
| 38 | BAC 7.25 PERP L債券 | Bank Of America CORP | 債券 | 1.01% | -0.06% | +0.27% | |
| 39 | WFC 7.5 PERP L債券 | Wells Fargo & Company | 債券 | 0.99% | -0.08% | +0.30% | |
| 40 | APO 6.75 07-31-26債券 | Apollo Global Management | 債券 | 0.94% | -0.05% | -11.91% | |
| 41 | TSLA | Tesla Inc | 股票-循環性消費 | 0.88% | +0.01% | +20.03% | |
| 42 | PWR | Quanta Services Inc | 股票-工業 | 0.79% | +0.11% | -5.95% | |
| 43 | ARES 6.75 10-01-27 B債券 | Ares Management CORP | 債券 | 0.77% | -0.06% | +17.73% | |
| 44 | CRWD | Crowdstrike Holdings Inc - A | 股票-科技 | 0.77% | +0.46% | +2.02% | |
| 45 | V | Visa Inc-class A Shares | 股票-金融 | 0.76% | -0.02% | -13.43% | |
| 46 | BA 6 10-15-27債券 | Boeing Co/the | 債券 | 0.76% | -0.05% | +0.27% | |
| 47 | VRIG | Invesco Variable Rate Invest | ETF-其他 | 0.67% | -0.12% | +71.44% | |
| 48 | FANG | Diamondback Energy Inc | 股票-能源 | 0.62% | -0.01% | +13.39% | |
| 49 | XYL | Xylem Inc | 股票-工業 | 0.62% | — | +0.07% | |
| 50 | CSWC 5.125 11-15-29債券 | Capital Southwest CORP | 債券 | 0.61% | -0.06% | +0.39% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | AXP | American Express Co | +2.7% | -5.17% | 加碼 |
| 2 | MSFT | Microsoft CORP | +2.3% | -4.70% | 加碼 |
| 3 | WMT | Walmart Inc | +1.9% | -2.37% | 加碼 |
| 4 | CVX | Chevron CORP | +1.6% | +1.04% | 加碼 |
| 5 | AAPL | Apple Inc | +1.5% | -13.43% | 加碼 |
| 6 | STLD | Steel Dynamics Inc | +1.5% | -5.91% | 加碼 |
| 7 | AMZN | Amazon.com Inc | +1.2% | -0.78% | 加碼 |
| 8 | HD | Home Depot Inc | +1.2% | -1.42% | 加碼 |
| 9 | MCD | Mcdonald's CORP | +1.2% | -7.45% | 加碼 |
| 10 | LHX | L3harris Technologies Inc | +1.1% | -4.64% | 加碼 |
| 11 | PANW | Palo Alto Networks Inc | +1.1% | +5.91% | 加碼 |
| 12 | JNJ | Johnson & Johnson | +0.6% | +6.86% | 加碼 |
| 13 | AVGO | Broadcom Inc | — | NEW | 新建倉 |
| 14 | GS | Goldman Sachs Group Inc | — | NEW | 新建倉 |
| 15 | ABBV | Abbvie Inc | — | NEW | 新建倉 |
| 16 | JPM | Jpmorgan Chase & Co | — | NEW | 新建倉 |
| 17 | RTX | Rtx CORP | — | NEW | 新建倉 |
| 18 | ORCL | Oracle CORP | — | NEW | 新建倉 |
| 19 | GOOGL | Alphabet Inc-cl A | — | NEW | 新建倉 |
| 20 | EMR | Emerson Electric Co | — | NEW | 新建倉 |
| 21 | CARR | Carrier Global CORP | — | NEW | 新建倉 |
| 22 | LRCX | Lam Research CORP | — | NEW | 新建倉 |
| 23 | SPOT | Spotify Technology S.A. | — | NEW | 新建倉 |
| 24 | NOW | Servicenow Inc | — | NEW | 新建倉 |
| 25 | BAM | Brookfield Asset Mgmt-a | — | NEW | 新建倉 |
| 26 | EOG | Eog Resources Inc | — | NEW | 新建倉 |
| 27 | DHR 4.75 04-15-22 A債券 | Danaher CORP | — | EXIT | 清倉 |
| 28 | UBER | Uber Technologies Inc | — | NEW | 新建倉 |
| 29 | NXPI | NXP Semiconductors N.V. | — | NEW | 新建倉 |
| 30 | NRG 2.75 06-01-48債券 | Nrg Energy Inc | — | NEW | 新建倉 |
| 31 | ✓ | hannon armstrong sust infr cap | — | EXIT | 清倉 |
| 32 | MDT | Medtronic plc | — | NEW | 新建倉 |
| 33 | PLD | Prologis Inc | — | NEW | 新建倉 |
| 34 | NEE | Nextera Energy Inc | — | NEW | 新建倉 |
| 35 | COST | Costco Wholesale CORP | — | NEW | 新建倉 |
| 36 | WMB | Williams Cos Inc | — | NEW | 新建倉 |
| 37 | ✓ | Broadcom Inc | — | EXIT | 清倉 |
| 38 | NVDA | Nvidia CORP | — | NEW | 新建倉 |
| 39 | BAC 7.25 PERP L債券 | Bank Of America CORP | — | NEW | 新建倉 |
| 40 | ✓ | — | EXIT | 清倉 | |
| 41 | ✓ | Ishares 0-5 Year Investment Gr | — | EXIT | 清倉 |
| 42 | ✓ | dominion energy inc unit 06/01/22 | — | EXIT | 清倉 |
| 43 | APO 6.75 07-31-26債券 | Apollo Global Management | — | NEW | 新建倉 |
| 44 | LRCXEUR | Lam Research CORP | — | EXIT | 清倉 |
| 45 | ✓ | Western Digital CORP | — | EXIT | 清倉 |
| 46 | BSX 5.5 06-01-23 A債券 | Boston Scientific CORP | — | EXIT | 清倉 |
| 47 | TSLA | Tesla Inc | — | NEW | 新建倉 |
| 48 | ✓ | southwest airlines co | — | EXIT | 清倉 |
| 49 | ✓ | Synaptics Inc | — | EXIT | 清倉 |
| 50 | ✓ | deutsche bank ag | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Laffer Tengler Investments, Inc. 在 Q1 2025 季度的美股持倉總市值約為 US$7.7億，共申報了 132 個公開持股部位。
在 Q1 2025 季度，Laffer Tengler Investments, Inc. 按市值排列的前三大核心持股分別為：MSFT (4.4%)、AVGO (4.4%)、GS (3.7%)。其中最大持股部位 MSFT 佔據整體投資組合約 4.4% 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。
本季最大新建倉標的
AVGO
市值: US$1790.2萬
本季最大獲利了結 / 清倉標的
DHR 4.75 04-15-22 A
前期市值: US$642.5萬
在 Q1 2025 季度中，Laffer Tengler Investments, Inc. 共進行了 50 項持倉異動，包含新建倉 26 個部位、加碼 12 個部位、減碼 0 個部位以及清倉 12 個部位。 其中最大新建倉標的為 AVGO。 本季清倉部位包含 DHR 4.75 04-15-22 A。
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。