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: 0001207017
申報總市值
US$660.6億
US$660.6億
2371 檔
18.5%
在 Q4 2024 的 13F 官方備案中，Lazard Asset Management LLC 管理的美股投資組合規模來到 US$660.6億，整體持股檔數為 2371 檔。
從 Q4 2024 申報觀察，Lazard Asset Management LLC 採取防禦導向的調倉策略，本季減碼 110 檔個股並出清 12 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，Lazard Asset Management LLC 的前 5 大核心持股（包含 MSFT, AMZN, AAPL 等）合計佔整體申報市值的 18.5%，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 2371 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 | MSFT | Microsoft CORP | 股票-科技 | 4.91% | -0.24% | -17.29% | |
| 2 | AMZN | Amazon.com Inc | 股票-循環性消費 | 4.73% | +0.17% | -9.61% | |
| 3 | AAPL | Apple Inc | 股票-科技 | 3.77% | +0.12% | -4.05% | |
| 4 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 2.33% | +0.24% | -24.58% | |
| 5 | V | Visa Inc-class A Shares | 股票-金融 | 2.17% | +0.09% | -6.52% | |
| 6 | ICE | Intercontinental Exchange In | 股票-金融 | 1.79% | -0.25% | -11.42% | |
| 7 | BAC | Bank Of America CORP | 股票-金融 | 1.75% | +0.04% | -5.83% | |
| 8 | NSC | Norfolk Southern CORP | 股票-工業 | 1.52% | — | -22.63% | |
| 9 | AVGO | Broadcom Inc | 股票-科技 | 1.39% | -0.43% | -21.56% | |
| 10 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 1.38% | +0.09% | -14.42% | |
| 11 | EXC | Exelon CORP | 股票-公用事業 | 1.36% | +0.28% | +2.72% | |
| 12 | ACN | Accenture plc | 股票-科技 | 1.30% | -0.20% | -24.19% | |
| 13 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 1.23% | +0.54% | -0.63% | |
| 14 | AON | Aon plc | 股票-金融 | 1.23% | -0.09% | -12.38% | |
| 15 | TMO | Thermo Fisher Scientific Inc | 股票-醫療保健 | 1.14% | -0.13% | -16.65% | |
| 16 | MRVL | Marvell Technology Inc | 股票-科技 | 1.11% | -0.17% | -37.18% | |
| 17 | APH | Amphenol Corp-cl A | 股票-科技 | 1.06% | +0.15% | -11.31% | |
| 18 | XOM | Exxon Mobil CORP | 股票-能源 | 1.05% | -0.17% | -13.15% | |
| 19 | NVDA | Nvidia CORP | 股票-科技 | 1.05% | +0.93% | +6.98% | |
| 20 | ROK | Rockwell Automation Inc | 股票-工業 | 1.03% | +0.15% | -3.77% | |
| 21 | CSX | Csx CORP | 股票-工業 | 1.00% | -1.24% | +3.47% | |
| 22 | DHR | Danaher CORP | 股票-醫療保健 | 0.95% | -0.09% | -9.01% | |
| 23 | ADI | Analog Devices Inc | 股票-科技 | 0.94% | +0.09% | -10.62% | |
| 24 | WM | Waste Management Inc | 股票-工業 | 0.92% | -0.07% | -12.30% | |
| 25 | AMAT | Applied Materials Inc | 股票-科技 | 0.90% | +0.25% | -10.14% | |
| 26 | AEP | American Electric Power | 股票-公用事業 | 0.87% | — | +50.95% | |
| 27 | MRSH | Marsh & Mclennan Cos | 股票-金融 | 0.85% | -0.08% | -10.52% | |
| 28 | BSX | Boston Scientific CORP | 股票-醫療保健 | 0.85% | -0.15% | -10.69% | |
| 29 | MDT | Medtronic plc | 股票-醫療保健 | 0.83% | -0.36% | -4.27% | |
| 30 | PLD | Prologis Inc | 股票-房地產 | 0.81% | -0.03% | -13.20% | |
| 31 | KO | Coca-cola Co/the | 股票-非循環性消費 | 0.81% | -0.03% | -13.52% | |
| 32 | SCHW | Schwab (charles) CORP | 股票-金融 | 0.81% | +0.03% | -16.41% | |
| 33 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.80% | -0.21% | -14.50% | |
| 34 | COP | Conocophillips | 股票-能源 | 0.77% | -0.09% | -19.87% | |
| 35 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.77% | +0.17% | +337.98% | |
| 36 | IQV | Iqvia Holdings Inc | 股票-醫療保健 | 0.75% | -0.23% | -21.36% | |
| 37 | MCD | Mcdonald's CORP | 股票-循環性消費 | 0.75% | -0.15% | -18.97% | |
| 38 | AXP | American Express Co | 股票-金融 | 0.69% | +0.01% | -4.88% | |
| 39 | ADBE | Adobe Inc | 股票-科技 | 0.68% | -0.05% | -8.69% | |
| 40 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.65% | -0.04% | -16.27% | |
| 41 | BX | Blackstone Inc | 股票-金融 | 0.65% | -0.01% | +1.37% | |
| 42 | AMD | Advanced Micro Devices | 股票-科技 | 0.64% | +0.73% | +70.35% | |
| 43 | ZTS | Zoetis Inc | 股票-醫療保健 | 0.63% | -0.08% | -7.10% | |
| 44 | CB | Chubb Limited | 股票-金融 | 0.63% | -0.04% | -11.31% | |
| 45 | HD | Home Depot Inc | 股票-循環性消費 | 0.62% | -0.03% | -13.60% | |
| 46 | BA | Boeing Co/the | 股票-工業 | 0.58% | -0.01% | +72.27% | |
| 47 | ICLR | ICON Public Limited Company | 股票-醫療保健 | 0.56% | +0.01% | -22.28% | |
| 48 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.54% | +0.33% | +0.94% | |
| 49 | BABA | Alibaba Group Holding-sp Adr | 股票-循環性消費 | 0.54% | -0.06% | -0.74% | |
| 50 | ISRG | Intuitive Surgical Inc | 股票-醫療保健 | 0.53% | +0.07% | -0.12% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | AMZN | Amazon.com Inc | +0.7% | -9.61% | 減碼 |
| 2 | LLY | Eli Lilly & Co | +0.6% | +337.98% | 加碼 |
| 3 | AAPL | Apple Inc | +0.4% | -4.05% | 減碼 |
| 4 | MRK | Merck & Co. Inc. | +0.4% | +438.00% | 加碼 |
| 5 | J | Jacobs Solutions Inc | +0.4% | +933.60% | 加碼 |
| 6 | EFX | Equifax Inc | +0.4% | +7883233.33% | 加碼 |
| 7 | BA | Boeing Co/the | +0.3% | +72.27% | 加碼 |
| 8 | V | Visa Inc-class A Shares | +0.3% | -6.52% | 減碼 |
| 9 | VRTX | Vertex Pharmaceuticals Inc | +0.3% | +6487.19% | 加碼 |
| 10 | AEP | American Electric Power | +0.3% | +50.95% | 加碼 |
| 11 | AME | Ametek Inc | +0.3% | +393.08% | 加碼 |
| 12 | NVDA | Nvidia CORP | +0.2% | +6.98% | 加碼 |
| 13 | TSM | Taiwan Semiconductor-sp Adr | +0.2% | -0.63% | 減碼 |
| 14 | BAC | Bank Of America CORP | +0.2% | -5.83% | 減碼 |
| 15 | SLB | Slb LTD | +0.2% | +3112.14% | 加碼 |
| 16 | UBER 0.875 12-01-28 2028債券 | Uber Technologies Inc | +0.2% | NEW | 新建倉 |
| 17 | AVGO | Broadcom Inc | +0.2% | -21.56% | 減碼 |
| 18 | INTC | Intel CORP | +0.2% | +4290.41% | 加碼 |
| 19 | AMD | Advanced Micro Devices | +0.2% | +70.35% | 加碼 |
| 20 | MANH | Manhattan Associates Inc | +0.2% | +2075.46% | 加碼 |
| 21 | EMR | Emerson Electric Co | +0.2% | +230061.80% | 加碼 |
| 22 | EFA | Ishares Msci Eafe ETF | +0.2% | +626.81% | 加碼 |
| 23 | BX | Blackstone Inc | +0.1% | +1.37% | 加碼 |
| 24 | EEM | Ishares Msci Emerging Market | +0.1% | +233.04% | 加碼 |
| 25 | PCG 4.25 12-01-27債券 | Pg&e CORP | +0.1% | NEW | 新建倉 |
| 26 | GOOG | Alphabet Inc-cl C | +0.1% | +0.94% | 加碼 |
| 27 | ROK | Rockwell Automation Inc | +0.1% | -3.77% | 減碼 |
| 28 | LITE 0.5 12-15-26債券 | Lumentum Holdings Inc | +0.1% | NEW | 新建倉 |
| 29 | HUBS 0.375 06-01-25債券 | Hubspot Inc | +0.1% | +43.44% | 加碼 |
| 30 | CBRE | Cbre Group Inc - A | +0.1% | +10.31% | 加碼 |
| 31 | BE 3 06-01-28債券 | Bloom Energy CORP | +0.1% | NEW | 新建倉 |
| 32 | TSLA | Tesla Inc | +0.1% | +45.46% | 加碼 |
| 33 | FAF | First American Financial | +0.1% | +500.75% | 加碼 |
| 34 | MFG | Mizuho Financial Group-adr | +0.1% | +54.70% | 加碼 |
| 35 | ISRG | Intuitive Surgical Inc | +0.1% | -0.12% | 減碼 |
| 36 | AXP | American Express Co | +0.1% | -4.88% | 減碼 |
| 37 | ENOV 3.875 10-15-28債券 | Enovis CORP | +0.1% | NEW | 新建倉 |
| 38 | CRM | Salesforce Inc | +0.1% | -4.29% | 減碼 |
| 39 | EXC | Exelon CORP | +0.1% | +2.72% | 加碼 |
| 40 | ARGX | Argenx Se - Adr | +0.1% | +1086.58% | 加碼 |
| 41 | PCVX | Vaxcyte Inc | +0.1% | NEW | 新建倉 |
| 42 | FWRG | First Watch Restaurant Group | +0.1% | NEW | 新建倉 |
| 43 | JPM | Jpmorgan Chase & Co | +0.1% | +62.46% | 加碼 |
| 44 | ACWX | Ishares Msci Acwi Ex US ETF | +0.1% | +296.36% | 加碼 |
| 45 | AXSM | Axsome Therapeutics Inc | +0.1% | +525.69% | 加碼 |
| 46 | SBUX | Starbucks CORP | +0.1% | +37.49% | 加碼 |
| 47 | OMCL | Omnicell Inc | +0.1% | +81.56% | 加碼 |
| 48 | MRVL | Marvell Technology Inc | +0.1% | -37.18% | 減碼 |
| 49 | TRMB | Trimble Inc | +0.1% | +0.95% | 加碼 |
| 50 | CDNS | Cadence Design Sys Inc | +0.1% | +5.09% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Lazard Asset Management LLC 在 Q4 2024 季度的美股持倉總市值約為 US$660.6億，共申報了 2371 個公開持股部位。
在 Q4 2024 季度，Lazard Asset Management LLC 按市值排列的前三大核心持股分別為：MSFT (4.9%)、AMZN (4.7%)、AAPL (3.8%)。其中最大持股部位 MSFT 佔據整體投資組合約 4.9% 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
UBER 0.875 12-01-28 2028
市值: US$1.3億
本季最大獲利了結 / 清倉標的
ATLANTICA SUSTAINABLE INFR P
前期市值: US$2.1億
在 Q4 2024 季度中，Lazard Asset Management LLC 共進行了 200 項持倉異動，包含新建倉 10 個部位、加碼 68 個部位、減碼 110 個部位以及清倉 12 個部位。 其中最大新建倉標的為 UBER 0.875 12-01-28 2028。 本季清倉部位包含 ATLANTICA SUSTAINABLE INFR P。
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。