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
2287 檔
17.3%
Q2 2025 季度申報顯示，Lazard Asset Management LLC 揭露的美股組合總市值為 US$660.6億，涵蓋 2287 個不同之權益投資部位。
觀察 Q2 2025 的申報異動，Lazard Asset Management LLC 採取了強勁的買進策略，建倉與加碼動作（合計 129 筆）涵蓋多個核心板塊，展現機構對特定產業前景之樂觀態度。
整體而言，Lazard Asset Management LLC 的前 5 大持股（包含 MSFT, AMZN, AAPL）貢獻了組合市值的 17.3%，形成該機構在 Q2 2025 季度的基本面基石。
僅顯示前 200 大持股（共 2287 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 | 5.21% | -0.24% | -2.81% | |
| 2 | AMZN | Amazon.com Inc | 股票-循環性消費 | 3.46% | +0.17% | -4.97% | |
| 3 | AAPL | Apple Inc | 股票-科技 | 3.33% | +0.12% | -0.54% | |
| 4 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 1.98% | +0.24% | -3.21% | |
| 5 | V | Visa Inc-class A Shares | 股票-金融 | 1.76% | +0.09% | -17.53% | |
| 6 | ICE | Intercontinental Exchange In | 股票-金融 | 1.67% | -0.25% | -6.07% | |
| 7 | AVGO | Broadcom Inc | 股票-科技 | 1.64% | -0.43% | -0.07% | |
| 8 | CSX | Csx CORP | 股票-工業 | 1.55% | -1.24% | +41.26% | |
| 9 | NVDA | Nvidia CORP | 股票-科技 | 1.54% | +0.93% | +26.42% | |
| 10 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 1.41% | +0.54% | +1.48% | |
| 11 | BAC | Bank Of America CORP | 股票-金融 | 1.28% | +0.04% | -19.93% | |
| 12 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 1.21% | -0.21% | +66.35% | |
| 13 | NSC | Norfolk Southern CORP | 股票-工業 | 1.16% | — | +6.54% | |
| 14 | LLY | Eli Lilly & Co | 股票-醫療保健 | 1.09% | +0.17% | +30.52% | |
| 15 | EXC | Exelon CORP | 股票-公用事業 | 1.01% | +0.28% | -24.06% | |
| 16 | BSX | Boston Scientific CORP | 股票-醫療保健 | 0.98% | -0.15% | +5.95% | |
| 17 | AMAT | Applied Materials Inc | 股票-科技 | 0.94% | +0.25% | +2.92% | |
| 18 | XOM | Exxon Mobil CORP | 股票-能源 | 0.93% | -0.17% | -2.02% | |
| 19 | ADI | Analog Devices Inc | 股票-科技 | 0.92% | +0.09% | -4.01% | |
| 20 | ROK | Rockwell Automation Inc | 股票-工業 | 0.91% | +0.15% | -8.59% | |
| 21 | DHR | Danaher CORP | 股票-醫療保健 | 0.90% | -0.09% | +10.36% | |
| 22 | AON | Aon plc | 股票-金融 | 0.89% | -0.09% | -18.66% | |
| 23 | TMO | Thermo Fisher Scientific Inc | 股票-醫療保健 | 0.89% | -0.13% | +2.75% | |
| 24 | APH | Amphenol Corp-cl A | 股票-科技 | 0.89% | +0.15% | -26.11% | |
| 25 | SCHW | Schwab (charles) CORP | 股票-金融 | 0.87% | +0.03% | -7.22% | |
| 26 | ACN | Accenture plc | 股票-科技 | 0.86% | -0.20% | +6.29% | |
| 27 | KO | Coca-cola Co/the | 股票-非循環性消費 | 0.83% | -0.03% | -4.96% | |
| 28 | WM | Waste Management Inc | 股票-工業 | 0.79% | -0.07% | -17.30% | |
| 29 | BX | Blackstone Inc | 股票-金融 | 0.78% | -0.01% | +31.90% | |
| 30 | MRSH | Marsh & Mclennan Cos | 股票-金融 | 0.78% | -0.08% | +10.90% | |
| 31 | CCI | Crown Castle Inc | 股票-房地產 | 0.77% | -0.07% | +3051.54% | |
| 32 | MRVL | Marvell Technology Inc | 股票-科技 | 0.76% | -0.17% | -2.24% | |
| 33 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.72% | -0.28% | +31.69% | |
| 34 | QCOM | Qualcomm Inc | 股票-科技 | 0.72% | -0.04% | +18.49% | |
| 35 | MCD | Mcdonald's CORP | 股票-循環性消費 | 0.70% | -0.15% | +2.99% | |
| 36 | TT | Trane Technologies plc | 股票-工業 | 0.68% | -0.03% | +40.23% | |
| 37 | CB | Chubb Limited | 股票-金融 | 0.68% | -0.04% | +13.58% | |
| 38 | EFX | Equifax Inc | 股票-工業 | 0.62% | — | +8.85% | |
| 39 | HD | Home Depot Inc | 股票-循環性消費 | 0.62% | -0.03% | +16.06% | |
| 40 | MDT | Medtronic plc | 股票-醫療保健 | 0.61% | -0.36% | +8.08% | |
| 41 | HDB | Hdfc Bank Ltd-adr | 股票-金融 | 0.58% | — | +22.17% | |
| 42 | ZTS | Zoetis Inc | 股票-醫療保健 | 0.58% | -0.08% | +3.62% | |
| 43 | J | Jacobs Solutions Inc | 股票-工業 | 0.58% | -0.04% | -3.80% | |
| 44 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.56% | -0.04% | -24.57% | |
| 45 | BA | Boeing Co/the | 股票-工業 | 0.55% | -0.01% | -8.78% | |
| 46 | CBRE | Cbre Group Inc - A | 股票-房地產 | 0.53% | +0.01% | +5.94% | |
| 47 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.52% | +0.33% | +8.50% | |
| 48 | AXP | American Express Co | 股票-金融 | 0.50% | +0.01% | -15.84% | |
| 49 | CRM | Salesforce Inc | 股票-科技 | 0.49% | -0.29% | +4.29% | |
| 50 | AME | Ametek Inc | 股票-工業 | 0.49% | +0.19% | +17.27% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | CCI | Crown Castle Inc | +0.7% | +3051.54% | 加碼 |
| 2 | MSFT | Microsoft CORP | +0.7% | -2.81% | 減碼 |
| 3 | NVDA | Nvidia CORP | +0.6% | +26.42% | 加碼 |
| 4 | AVGO | Broadcom Inc | +0.5% | -0.07% | 減碼 |
| 5 | CSX | Csx CORP | +0.5% | +41.26% | 加碼 |
| 6 | PG | Procter & Gamble Co/the | +0.3% | +66.35% | 加碼 |
| 7 | TSM | Taiwan Semiconductor-sp Adr | +0.3% | +1.48% | 加碼 |
| 8 | BABA 0.5 06-01-31債券 | Alibaba Group Holding | +0.3% | NEW | 新建倉 |
| 9 | GE | General Electric | +0.3% | +4253.70% | 加碼 |
| 10 | TT | Trane Technologies plc | +0.3% | +40.23% | 加碼 |
| 11 | LH | Labcorp Holdings Inc | +0.3% | +224.11% | 加碼 |
| 12 | JD 0.25 06-01-29債券 | Jd.com Inc | +0.3% | NEW | 新建倉 |
| 13 | ES | Eversource Energy | +0.2% | +43905.67% | 加碼 |
| 14 | INTU | Intuit Inc | +0.2% | +151.76% | 加碼 |
| 15 | PYPL | Paypal Holdings Inc | +0.2% | +1066.03% | 加碼 |
| 16 | URI | United Rentals Inc | +0.2% | +34208.17% | 加碼 |
| 17 | BX | Blackstone Inc | +0.2% | +31.90% | 加碼 |
| 18 | NICE | Nice LTD - Spon Adr | +0.2% | +116.10% | 加碼 |
| 19 | ARCO | Arcos Dorados Holdings Inc. | +0.2% | NEW | 新建倉 |
| 20 | META | Meta Platforms Inc-class A | +0.2% | +31.43% | 加碼 |
| 21 | AMAT | Applied Materials Inc | +0.1% | +2.92% | 加碼 |
| 22 | BDX | Becton Dickinson And Co | +0.1% | +617.48% | 加碼 |
| 23 | MCHP 0.75 06-01-30債券 | Microchip Technology Inc | +0.1% | NEW | 新建倉 |
| 24 | WEC 4.375 06-01-29債券 | Wec Energy Group Inc | +0.1% | NEW | 新建倉 |
| 25 | HDB | Hdfc Bank Ltd-adr | +0.1% | +22.17% | 加碼 |
| 26 | CDNS | Cadence Design Sys Inc | +0.1% | +29.71% | 加碼 |
| 27 | WDC 3 11-15-28債券 | Western Digital CORP | +0.1% | +71.27% | 加碼 |
| 28 | TCOM 0.75 06-15-29債券 | Trip.com Group LTD | +0.1% | NEW | 新建倉 |
| 29 | LLY | Eli Lilly & Co | +0.1% | +30.52% | 加碼 |
| 30 | ADSK | Autodesk Inc | +0.1% | +36.19% | 加碼 |
| 31 | MU | Micron Technology Inc | +0.1% | +10.78% | 加碼 |
| 32 | DIS | Walt Disney Co/the | +0.1% | +154.11% | 加碼 |
| 33 | NDAQ | Nasdaq Inc | +0.1% | +12221.46% | 加碼 |
| 34 | COIN 0.25 04-01-30債券 | Coinbase Global Inc | +0.1% | NEW | 新建倉 |
| 35 | PTC | Ptc Inc | +0.1% | +31.43% | 加碼 |
| 36 | A | Agilent Technologies Inc | +0.1% | +639.45% | 加碼 |
| 37 | ✓ | Cyberark Software LTD. Cmn | +0.1% | +175.79% | 加碼 |
| 38 | SAN | Banco Santander Sa-spon Adr | +0.1% | +2038075.47% | 加碼 |
| 39 | ASML | ASML Holding N.V. | +0.1% | +38.69% | 加碼 |
| 40 | CL | Colgate-palmolive Co | +0.1% | +62.77% | 加碼 |
| 41 | SLB | Slb LTD | +0.1% | +80.70% | 加碼 |
| 42 | LITE 0.5 12-15-26債券 | Lumentum Holdings Inc | +0.1% | +34.09% | 加碼 |
| 43 | IPGP | Ipg Photonics CORP | +0.1% | +81.32% | 加碼 |
| 44 | NVMI | Nova Ltd. | +0.1% | +69.21% | 加碼 |
| 45 | MKSI 1.25 06-01-30債券 | Mks Inc | +0.1% | NEW | 新建倉 |
| 46 | MRVL | Marvell Technology Inc | +0.1% | -2.24% | 減碼 |
| 47 | QCOM | Qualcomm Inc | +0.1% | +18.49% | 加碼 |
| 48 | FISV | Fiserv Inc | +0.1% | +81.12% | 加碼 |
| 49 | CSL | Carlisle Cos Inc | +0.1% | +464.22% | 加碼 |
| 50 | CPRT | Copart Inc | +0.1% | +281.36% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Lazard Asset Management LLC 在 Q2 2025 季度的美股持倉總市值約為 US$660.6億，共申報了 2287 個公開持股部位。
在 Q2 2025 季度，Lazard Asset Management LLC 按市值排列的前三大核心持股分別為：MSFT (5.2%)、AMZN (3.5%)、AAPL (3.3%)。其中最大持股部位 MSFT 佔據整體投資組合約 5.2% 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
BABA 0.5 06-01-31
市值: US$2.0億
本季最大獲利了結 / 清倉標的
AKAM 0.125 05-01-25
前期市值: US$1.0億
在 Q2 2025 季度中，Lazard Asset Management LLC 共進行了 200 項持倉異動，包含新建倉 22 個部位、加碼 107 個部位、減碼 58 個部位以及清倉 13 個部位。 其中最大新建倉標的為 BABA 0.5 06-01-31。 本季清倉部位包含 AKAM 0.125 05-01-25。
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。