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: 0001845766
申報總市值
US$7.4億
US$7.4億
191 檔
23.6%
在 Q3 2025 的 13F 官方備案中，Lebenthal Global Advisors, LLC 管理的美股投資組合規模來到 US$7.4億，整體持股檔數為 191 檔。
Lebenthal Global Advisors, LLC 於 Q3 2025 展現出進攻型調倉步調，本季推動了 47 檔股票的新建倉與 79 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。
從部位權重觀察，前 5 大標的（包含 JEPI, SPY, ONEQ）累計市值佔比達 23.6%，是驅動 Lebenthal Global Advisors, LLC 該季度整體投資組合績效表現的核心支柱。
| # | 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 | JEPI | Jpmorgan Equity Premium Inco | ETF-其他 | 7.48% | -4.44% | +1.68% | |
| 2 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 6.84% | -1.84% | -0.01% | |
| 3 | ONEQ | Fidelity Nasdaq Comp Indx | ETF-科技型 | 5.70% | +0.68% | +1.38% | |
| 4 | VCIT | Vanguard Int-term Corporate | ETF-投資等級公司債 | 5.42% | -0.11% | -0.43% | |
| 5 | JEPQ | JPM Nasdaq Equity Premium | ETF-科技型 | 5.13% | +0.14% | -39.97% | |
| 6 | VTV | Vanguard Value ETF | ETF-其他 | 4.59% | +0.13% | +1.81% | |
| 7 | JMUB | Jpmorgan Municipal ETF | ETF-其他 | 4.17% | +0.81% | — | |
| 8 | FBND | Fidelity Total Bond ETF | ETF-其他 | 2.68% | +1.23% | +79.59% | |
| 9 | VONG | Vanguard Russell 1000 Growth | ETF-其他 | 2.67% | -1.11% | -0.22% | |
| 10 | AOR | Ishares Core 60/40 Balanced | ETF-其他 | 2.53% | +0.05% | -0.01% | |
| 11 | ONEY | Ss Spdr R1000 Yield Foc ETF | ETF-其他 | 2.28% | -0.06% | +1.52% | |
| 12 | IWF | Ishares Russell 1000 Growth | ETF-其他 | 2.21% | -1.41% | +1.75% | |
| 13 | AAPL | Apple Inc | 股票-科技 | 2.18% | +0.15% | +7.06% | |
| 14 | VTI | Vanguard Total Stock Mkt ETF | ETF-其他 | 1.72% | -0.32% | -22.94% | |
| 15 | SJNK | Ss Spdr Bb St Hi Yield ETF | ETF-其他 | 1.69% | +0.04% | +0.27% | |
| 16 | XLV | Ss Health Care Select Sector | ETF-其他 | 1.63% | — | +118.75% | |
| 17 | NVDA | Nvidia CORP | 股票-科技 | 1.55% | — | +7.24% | |
| 18 | IJH | Ishares Core S&p Midcap ETF | ETF-其他 | 1.54% | -0.37% | +1.82% | |
| 19 | IVOO | Vanguard S&p Mid-cap 400 ETF | ETF-其他 | 1.51% | -0.47% | +0.37% | |
| 20 | BND | Vanguard Total Bond Market | ETF-其他 | 0.99% | +0.42% | +55.95% | |
| 21 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.94% | +0.20% | +135.67% | |
| 22 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.89% | -0.04% | -2.03% | |
| 23 | ORCL | Oracle CORP | 股票-科技 | 0.82% | -0.11% | +0.92% | |
| 24 | IMCV | Ishares Morningstar Mid-cap | ETF-其他 | 0.80% | +0.04% | +2.31% | |
| 25 | MSFT | Microsoft CORP | 股票-科技 | 0.79% | -0.02% | +11.19% | |
| 26 | VYM | Vanguard High Dvd Yield ETF | ETF-其他 | 0.78% | — | +1.11% | |
| 27 | VFVA | Vanguard U.s. Value Factor | ETF-其他 | 0.65% | +0.01% | -0.51% | |
| 28 | PWR | Quanta Services Inc | 股票-工業 | 0.61% | +0.10% | +10.88% | |
| 29 | NFLX | Netflix Inc | 股票-通訊服務 | 0.61% | -0.07% | +86.62% | |
| 30 | SPYM | Ste Str Spdr Pt S&p 500 ETF | ETF-大型股與成長 | 0.58% | +0.10% | +6.98% | |
| 31 | ANET | Arista Networks Inc | 股票-科技 | 0.56% | +0.17% | +14.92% | |
| 32 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.55% | -0.04% | +17.10% | |
| 33 | AMZN | Amazon.com Inc | 股票-循環性消費 | 0.55% | — | -12.91% | |
| 34 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 0.52% | +0.17% | -7.53% | |
| 35 | VYMI | Vanguard Int High Dvd Yld In | ETF-其他 | 0.52% | — | -0.36% | |
| 36 | VUSB | Vanguard Ultra Short Bond Et | ETF-其他 | 0.49% | +0.53% | -1.11% | |
| 37 | VIOO | Vanguard S&p Small-cap 600 E | ETF-其他 | 0.43% | -0.18% | EXIT | |
| 38 | AXP | American Express Co | 股票-金融 | 0.42% | +0.04% | +13.11% | |
| 39 | IBM | Intl Business Machines CORP | 股票-科技 | 0.40% | +0.07% | +16.62% | |
| 40 | PM | Philip Morris International | 股票-非循環性消費 | 0.40% | -0.19% | +0.92% | |
| 41 | TRGP | Targa Resources CORP | 股票-能源 | 0.40% | — | +30.08% | |
| 42 | GPIX | Gldm SA S&p 500 Pr In Etf-us | ETF-大型股與成長 | 0.38% | +0.09% | +207.02% | |
| 43 | URI | United Rentals Inc | 股票-工業 | 0.37% | +0.10% | +4.98% | |
| 44 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.36% | +0.02% | +17.68% | |
| 45 | TT | Trane Technologies plc | 股票-工業 | 0.35% | +0.07% | +22.29% | |
| 46 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 0.35% | +0.11% | -4.16% | |
| 47 | VHT | Vanguard Health Care ETF | ETF-其他 | 0.35% | — | +149.84% | |
| 48 | SCHW | Schwab (charles) CORP | 股票-金融 | 0.35% | -0.32% | +13.84% | |
| 49 | V | Visa Inc-class A Shares | 股票-金融 | 0.35% | +0.02% | +6.85% | |
| 50 | IJR | Ishares Core S&p Small-cap E | ETF-中小型股 | 0.34% | — | -87.22% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | SJNK | Ss Spdr Bb St Hi Yield ETF | +0.9% | +0.27% | 加碼 |
| 2 | NVDA | Nvidia CORP | +0.7% | +7.24% | 加碼 |
| 3 | JEPI | Jpmorgan Equity Premium Inco | +0.7% | +1.68% | 加碼 |
| 4 | VTV | Vanguard Value ETF | +0.6% | +1.81% | 加碼 |
| 5 | LLY | Eli Lilly & Co | +0.6% | +135.67% | 加碼 |
| 6 | BND | Vanguard Total Bond Market | +0.5% | +55.95% | 加碼 |
| 7 | ANET | Arista Networks Inc | +0.4% | +14.92% | 加碼 |
| 8 | ORCL | Oracle CORP | +0.4% | +0.92% | 加碼 |
| 9 | MSFT | Microsoft CORP | +0.4% | +11.19% | 加碼 |
| 10 | NFLX | Netflix Inc | +0.3% | +86.62% | 加碼 |
| 11 | VUSB | Vanguard Ultra Short Bond Et | +0.3% | -1.11% | 加碼 |
| 12 | AAPL | Apple Inc | +0.2% | +7.06% | 加碼 |
| 13 | AVGO | Broadcom Inc | +0.2% | +6.70% | 加碼 |
| 14 | META | Meta Platforms Inc-class A | +0.2% | -2.03% | 加碼 |
| 15 | PWR | Quanta Services Inc | +0.2% | +10.88% | 減碼 |
| 16 | TRGP | Targa Resources CORP | +0.2% | +30.08% | 加碼 |
| 17 | COST | Costco Wholesale CORP | +0.2% | +17.10% | 加碼 |
| 18 | TSM | Taiwan Semiconductor-sp Adr | +0.2% | -7.53% | 減碼 |
| 19 | IBM | Intl Business Machines CORP | +0.2% | +16.62% | 加碼 |
| 20 | VONG | Vanguard Russell 1000 Growth | +0.2% | -0.22% | 減碼 |
| 21 | AXP | American Express Co | +0.2% | +13.11% | 加碼 |
| 22 | URI | United Rentals Inc | +0.1% | +4.98% | 加碼 |
| 23 | IJH | Ishares Core S&p Midcap ETF | +0.1% | +1.82% | 加碼 |
| 24 | TT | Trane Technologies plc | +0.1% | +22.29% | 加碼 |
| 25 | ADI | Analog Devices Inc | +0.1% | +22.44% | 加碼 |
| 26 | IQV | Iqvia Holdings Inc | +0.1% | -1.98% | 加碼 |
| 27 | DGX | Quest Diagnostics Inc | +0.1% | +117.55% | 加碼 |
| 28 | XLK | Ss Technology Select Sector | +0.1% | -4.83% | 加碼 |
| 29 | MA | Mastercard Inc - A | +0.1% | +17.40% | 加碼 |
| 30 | NOW | Servicenow Inc | +0.1% | +23.69% | 加碼 |
| 31 | J | Jacobs Solutions Inc | +0.1% | +20.97% | 加碼 |
| 32 | BNY | Bank Of New York Mellon CORP | +0.1% | +32.94% | 加碼 |
| 33 | AMAT | Applied Materials Inc | +0.1% | +13.64% | 加碼 |
| 34 | BX | Blackstone Inc | +0.1% | +7.32% | 加碼 |
| 35 | SPGI | S&p Global Inc | +0.1% | +28.10% | 加碼 |
| 36 | BLK | Blackrock Inc | +0.1% | +5.95% | 加碼 |
| 37 | HD | Home Depot Inc | +0.1% | +14.21% | 加碼 |
| 38 | IBKR | Interactive Brokers Gro-cl A | +0.1% | -1.18% | 加碼 |
| 39 | ARKK | Ark Innovation ETF | +0.1% | — | 減碼 |
| 40 | SCHW | Schwab (charles) CORP | +0.1% | +13.84% | 加碼 |
| 41 | TSLA | Tesla Inc | +0.1% | -0.36% | 加碼 |
| 42 | PFE | Pfizer Inc | +0.1% | +47.85% | 加碼 |
| 43 | CZR | Caesars Entertainment Inc | +0.1% | +112.66% | 加碼 |
| 44 | IVOO | Vanguard S&p Mid-cap 400 ETF | +0.1% | +0.37% | 減碼 |
| 45 | PANW | Palo Alto Networks Inc | +0.1% | +10.18% | 加碼 |
| 46 | SYK | Stryker CORP | +0.1% | +15.72% | 加碼 |
| 47 | QSR | Restaurant Brands Intern | +0.1% | +82.29% | 加碼 |
| 48 | FCX | Freeport-mcmoran Inc | +0.1% | +81.90% | 加碼 |
| 49 | AMZN | Amazon.com Inc | 0% | -12.91% | 減碼 |
| 50 | KMI | Kinder Morgan, Inc. | 0% | +39.49% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Lebenthal Global Advisors, LLC 在 Q3 2025 季度的美股持倉總市值約為 US$7.4億，共申報了 191 個公開持股部位。
在 Q3 2025 季度，Lebenthal Global Advisors, LLC 按市值排列的前三大核心持股分別為：JEPI (7.5%)、SPY (6.8%)、ONEQ (5.7%)。其中最大持股部位 JEPI 佔據整體投資組合約 7.5% 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
JMUB
市值: US$2383.9萬
本季最大獲利了結 / 清倉標的
ICVT
前期市值: US$3492.2萬
在 Q3 2025 季度中，Lebenthal Global Advisors, LLC 共進行了 199 項持倉異動，包含新建倉 47 個部位、加碼 79 個部位、減碼 44 個部位以及清倉 29 個部位。 其中最大新建倉標的為 JMUB。 本季清倉部位包含 ICVT。
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。