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: 0001970075
申報總市值
US$100.0億
US$100.0億
385 檔
21.9%
截至 Q3 2025 季度末，Lbp Am SA 的美股持倉估值約為 US$100.0億，全數申報部位共有 385 檔。
在 Q3 2025，Lbp Am SA 操作展現出積極擴展與加碼意向。本季共新建倉 6 個新部位，並對 24 個既有持股進行加碼（合計增持 30 檔），相較減碼與清倉部位顯著佔優。
整體而言，Lbp Am SA 的前 5 大持股（包含 MSFT, NVDA, AMZN）貢獻了組合市值的 21.9%，形成該機構在 Q3 2025 季度的基本面基石。
本季最大新建倉標的
CHD
市值: US$2556.4萬
本季最大獲利了結 / 清倉標的
UNH
前期市值: US$1865.0萬
僅顯示前 200 大持股（共 385 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 | 7.62% | -0.93% | +6.42% | |
| 2 | NVDA | Nvidia CORP | 股票-科技 | 6.86% | -0.36% | +2.87% | |
| 3 | AMZN | Amazon.com Inc | 股票-循環性消費 | 5.12% | -0.30% | +12.93% | |
| 4 | AAPL | Apple Inc | 股票-科技 | 4.16% | -0.54% | +41.89% | |
| 5 | V | Visa Inc-class A Shares | 股票-金融 | 3.20% | -0.67% | +10.03% | |
| 6 | AVGO | Broadcom Inc | 股票-科技 | 2.63% | -0.14% | +2.48% | |
| 7 | MA | Mastercard Inc - A | 股票-金融 | 2.41% | -0.53% | +10.23% | |
| 8 | LLY | Eli Lilly & Co | 股票-醫療保健 | 2.02% | -0.37% | +11.32% | |
| 9 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 1.92% | -0.11% | +7.36% | |
| 10 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 1.64% | +0.97% | +13.53% | |
| 11 | LIN | Linde plc | 股票-原物料 | 1.63% | -0.38% | -23.29% | |
| 12 | TMO | Thermo Fisher Scientific Inc | 股票-醫療保健 | 1.61% | -0.58% | +3.62% | |
| 13 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.57% | -0.07% | +17.66% | |
| 14 | ORCL | Oracle CORP | 股票-科技 | 1.32% | -0.03% | +1.68% | |
| 15 | UBER | Uber Technologies Inc | 股票-工業 | 1.29% | -0.29% | +0.60% | |
| 16 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 1.29% | +0.13% | +10.97% | |
| 17 | TSLA | Tesla Inc | 股票-循環性消費 | 1.20% | +0.37% | +36.24% | |
| 18 | VRT | Vertiv Holdings Co-a | 股票-工業 | 1.09% | — | -27.50% | |
| 19 | SYK | Stryker CORP | 股票-醫療保健 | 1.06% | -0.29% | -2.63% | |
| 20 | RTX | Rtx CORP | 股票-工業 | 0.91% | -0.03% | +53.09% | |
| 21 | ZS | Zscaler Inc | 股票-科技 | 0.87% | +0.30% | -4.63% | |
| 22 | PANW | Palo Alto Networks Inc | 股票-科技 | 0.77% | +0.16% | +17.71% | |
| 23 | BDX | Becton Dickinson And Co | 股票-醫療保健 | 0.76% | — | NEW | |
| 24 | NEE | Nextera Energy Inc | 股票-公用事業 | 0.72% | -0.19% | +0.21% | |
| 25 | AMD | Advanced Micro Devices | 股票-科技 | 0.69% | +1.18% | -25.23% | |
| 26 | SNOW | Snowflake Inc | 股票-科技 | 0.66% | -0.06% | +20.25% | |
| 27 | ADBE | Adobe Inc | 股票-科技 | 0.65% | -0.08% | -15.36% | |
| 28 | EQIX | Equinix Inc | 股票-房地產 | 0.64% | -0.20% | +8.78% | |
| 29 | FMX | Fomento Economico Mex-sp Adr | 股票-其他 | 0.63% | -0.63% | EXIT | |
| 30 | MRVL | Marvell Technology Inc | 股票-科技 | 0.62% | +0.56% | +6.30% | |
| 31 | MELI | Mercadolibre Inc | 股票-循環性消費 | 0.61% | -0.40% | +5.57% | |
| 32 | ETN | Eaton Corporation plc | 股票-工業 | 0.59% | — | +43.27% | |
| 33 | CRM | Salesforce Inc | 股票-科技 | 0.59% | -0.15% | -3.29% | |
| 34 | NDAQ | Nasdaq Inc | 股票-金融 | 0.58% | -0.12% | +4.39% | |
| 35 | DDOG | Datadog Inc - Class A | 股票-科技 | 0.58% | +0.13% | -23.74% | |
| 36 | NOW | Servicenow Inc | 股票-科技 | 0.58% | -0.18% | +28.57% | |
| 37 | CLH | Clean Harbors Inc | 股票-工業 | 0.57% | -0.03% | -16.41% | |
| 38 | SPOT | Spotify Technology S.A. | 股票-通訊服務 | 0.55% | -0.12% | -17.18% | |
| 39 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.54% | +0.05% | +1.12% | |
| 40 | CDNS | Cadence Design Sys Inc | 股票-科技 | 0.52% | -0.09% | +8.53% | |
| 41 | XYL | Xylem Inc | 股票-工業 | 0.51% | -0.07% | +0.55% | |
| 42 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.50% | +0.16% | +44.63% | |
| 43 | GEV | GE Vernova Inc | 股票-工業 | 0.48% | +0.16% | -15.24% | |
| 44 | BSX | Boston Scientific CORP | 股票-醫療保健 | 0.48% | -0.15% | +38.10% | |
| 45 | HD | Home Depot Inc | 股票-循環性消費 | 0.48% | +0.03% | +11.05% | |
| 46 | CSCO | Cisco Systems Inc | 股票-科技 | 0.48% | +0.11% | -4.88% | |
| 47 | IBM | Intl Business Machines CORP | 股票-科技 | 0.47% | +0.21% | +24.82% | |
| 48 | BNTX | Biontech Se-adr | 股票-其他 | 0.43% | -0.11% | +15.67% | |
| 49 | DT | Dynatrace Inc | 股票-科技 | 0.42% | -0.20% | EXIT | |
| 50 | VTR | Ventas Inc | 股票-房地產 | 0.41% | -0.03% | +17.59% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | AAPL | Apple Inc | +1% | +41.89% | 加碼 |
| 2 | AVGO | Broadcom Inc | +0.9% | +2.48% | 減碼 |
| 3 | NVDA | Nvidia CORP | +0.7% | +2.87% | 減碼 |
| 4 | LLY | Eli Lilly & Co | +0.6% | +11.32% | 加碼 |
| 5 | TSLA | Tesla Inc | +0.5% | +36.24% | 加碼 |
| 6 | ORCL | Oracle CORP | +0.5% | +1.68% | 減碼 |
| 7 | SPOT | Spotify Technology S.A. | +0.5% | -17.18% | 加碼 |
| 8 | AMZN | Amazon.com Inc | +0.4% | +12.93% | 加碼 |
| 9 | ETN | Eaton Corporation plc | +0.4% | +43.27% | 加碼 |
| 10 | RTX | Rtx CORP | +0.3% | +53.09% | 加碼 |
| 11 | GOOG | Alphabet Inc-cl C | +0.3% | +10.97% | 加碼 |
| 12 | MRVL | Marvell Technology Inc | +0.3% | +6.30% | 加碼 |
| 13 | PLTR | Palantir Technologies Inc-a | +0.3% | +49.41% | 加碼 |
| 14 | AMAT | Applied Materials Inc | +0.3% | +744.58% | 加碼 |
| 15 | NEM | Newmont CORP | +0.2% | -22.67% | 加碼 |
| 16 | TRV | Travelers Cos Inc/the | +0.2% | — | 加碼 |
| 17 | AXP | American Express Co | +0.2% | +1.00% | 加碼 |
| 18 | PANW | Palo Alto Networks Inc | +0.2% | +17.71% | 加碼 |
| 19 | SNOW | Snowflake Inc | +0.2% | +20.25% | 加碼 |
| 20 | BSX | Boston Scientific CORP | +0.2% | +38.10% | 加碼 |
| 21 | APP | Applovin Corp-class A | +0.2% | +40.74% | 加碼 |
| 22 | TSM | Taiwan Semiconductor-sp Adr | +0.2% | +7.36% | 減碼 |
| 23 | VTR | Ventas Inc | +0.2% | +17.59% | 加碼 |
| 24 | VRT | Vertiv Holdings Co-a | +0.1% | -27.50% | 減碼 |
| 25 | META | Meta Platforms Inc-class A | +0.1% | +17.66% | 加碼 |
| 26 | MSFT | Microsoft CORP | +0.1% | +6.42% | 減碼 |
| 27 | NEE | Nextera Energy Inc | +0.1% | +0.21% | 加碼 |
| 28 | UBER | Uber Technologies Inc | -0.1% | +0.60% | 減碼 |
| 29 | TMO | Thermo Fisher Scientific Inc | -0.2% | +3.62% | 加碼 |
| 30 | MA | Mastercard Inc - A | -0.2% | +10.23% | 加碼 |
| 31 | UPS | United Parcel Service-cl B | -0.3% | -1.66% | 減碼 |
| 32 | MMM | 3m Co | -0.3% | +35.01% | 減碼 |
| 33 | RSG | Republic Services Inc | -0.4% | -46.29% | 減碼 |
| 34 | SW | Smurfit Westrock Plc | -0.4% | -14.95% | 減碼 |
| 35 | CSCO | Cisco Systems Inc | -0.4% | -4.88% | 減碼 |
| 36 | CRM | Salesforce Inc | -0.4% | -3.29% | 減碼 |
| 37 | ADBE | Adobe Inc | -0.4% | -15.36% | 減碼 |
| 38 | V | Visa Inc-class A Shares | -0.4% | +10.03% | 加碼 |
| 39 | BDX | Becton Dickinson And Co | -0.5% | +3.10% | 減碼 |
| 40 | ACN | Accenture plc | -0.7% | -61.83% | 減碼 |
| 41 | LIN | Linde plc | -1.1% | -23.29% | 減碼 |
| 42 | CHD | Church & Dwight Co Inc | — | NEW | 新建倉 |
| 43 | GEHC | GE Healthcare Technology | — | NEW | 新建倉 |
| 44 | WAB | Wabtec CORP | — | NEW | 新建倉 |
| 45 | UNH | Unitedhealth Group Inc | — | EXIT | 清倉 |
| 46 | ED | Consolidated Edison Inc | — | EXIT | 清倉 |
| 47 | LHX | L3harris Technologies Inc | — | NEW | 新建倉 |
| 48 | CTSH | Cognizant Tech Solutions-a | — | NEW | 新建倉 |
| 49 | WBD | Warner Bros Discovery Inc | — | EXIT | 清倉 |
| 50 | DIS | Walt Disney Co/the | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Lbp Am SA 在 Q3 2025 季度的美股持倉總市值約為 US$100.0億，共申報了 385 個公開持股部位。
在 Q3 2025 季度，Lbp Am SA 按市值排列的前三大核心持股分別為：MSFT (7.6%)、NVDA (6.9%)、AMZN (5.1%)。其中最大持股部位 MSFT 佔據整體投資組合約 7.6% 的權重。
在 Q3 2025 季度中，Lbp Am SA 共進行了 50 項持倉異動，包含新建倉 6 個部位、加碼 24 個部位、減碼 17 個部位以及清倉 3 個部位。 其中最大新建倉標的為 CHD。 本季清倉部位包含 UNH。
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。