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: 0002047443
申報總市值
US$3.9億
US$3.9億
90 檔
42.6%
在 Q2 2025 的 13F 官方備案中，Legacy Wealth Management, LLC / MS 管理的美股投資組合規模來到 US$3.9億，整體持股檔數為 90 檔。
從 Q2 2025 申報觀察，Legacy Wealth Management, LLC / MS 採取防禦導向的調倉策略，本季減碼 28 檔個股並出清 10 檔部位，顯示機構在該時期進行風險控制與流動性回收。
從部位權重觀察，前 5 大標的（包含 SPY, NVDA, MSFT）累計市值佔比達 42.6%，是驅動 Legacy Wealth Management, LLC / MS 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 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 17.28% | +0.50% | -4.99% | |
| 2 | NVDA | Nvidia CORP | 股票-科技 | 15.34% | +0.26% | +589.57% | |
| 3 | MSFT | Microsoft CORP | 股票-科技 | 7.85% | -0.51% | -1.79% | |
| 4 | AAPL | Apple Inc | 股票-科技 | 6.82% | +0.26% | -54.47% | |
| 5 | SPYM | Ste Str Spdr Pt S&p 500 ETF | ETF-大型股與成長 | 3.18% | +2.94% | -0.64% | |
| 6 | PANW | Palo Alto Networks Inc | 股票-科技 | 2.87% | +1.08% | -3.55% | |
| 7 | WMT | Walmart Inc | 股票-非循環性消費 | 2.33% | -0.70% | -2.18% | |
| 8 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 2.29% | +0.14% | -9.44% | |
| 9 | V | Visa Inc-class A Shares | 股票-金融 | 2.22% | -0.22% | -12.16% | |
| 10 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.04% | -0.04% | +24.59% | |
| 11 | BSX | Boston Scientific CORP | 股票-醫療保健 | 1.63% | -0.46% | -3.75% | |
| 12 | RTX | Rtx CORP | 股票-工業 | 1.62% | -0.24% | -4.61% | |
| 13 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 1.42% | -0.06% | +77.34% | |
| 14 | TJX | Tjx Companies Inc | 股票-循環性消費 | 1.42% | -0.41% | -3.00% | |
| 15 | AJG | Arthur J Gallagher & Co | 股票-金融 | 1.31% | -0.21% | -5.73% | |
| 16 | CB | Chubb Limited | 股票-金融 | 1.30% | -0.23% | -2.67% | |
| 17 | HON | Honeywell International Inc | 股票-工業 | 1.28% | -0.62% | EXIT | |
| 18 | TMO | Thermo Fisher Scientific Inc | 股票-醫療保健 | 1.15% | -0.32% | -13.23% | |
| 19 | VTI | Vanguard Total Stock Mkt ETF | ETF-其他 | 1.14% | +0.04% | -4.05% | |
| 20 | DHR | Danaher CORP | 股票-醫療保健 | 1.13% | -0.12% | +40.65% | |
| 21 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 1.12% | -0.17% | -3.13% | |
| 22 | BAC | Bank Of America CORP | 股票-金融 | 1.10% | +0.03% | -2.78% | |
| 23 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.10% | -0.22% | -4.56% | |
| 24 | IQV | Iqvia Holdings Inc | 股票-醫療保健 | 1.07% | -0.43% | +14.47% | |
| 25 | SYK | Stryker CORP | 股票-醫療保健 | 1.02% | -0.23% | -2.58% | |
| 26 | LHX | L3harris Technologies Inc | 股票-工業 | 1.00% | -0.41% | -1.36% | |
| 27 | ABT | Abbott Laboratories | 股票-醫療保健 | 0.99% | -0.24% | -3.64% | |
| 28 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.95% | -0.04% | -16.90% | |
| 29 | COP | Conocophillips | 股票-能源 | 0.88% | -0.13% | +15.03% | |
| 30 | IEX | Idex CORP | 股票-工業 | 0.88% | +0.03% | +1017.65% | |
| 31 | ZTS | Zoetis Inc | 股票-醫療保健 | 0.86% | -0.17% | -3.17% | |
| 32 | EQH | Equitable Holdings Inc | 股票-金融 | 0.67% | -0.09% | -3.36% | |
| 33 | AVGO | Broadcom Inc | 股票-科技 | 0.64% | +0.13% | -12.03% | |
| 34 | BSCT | Invesco Bulletshares 2029 Cb | ETF-其他 | 0.63% | -0.07% | -23.60% | |
| 35 | ADBE | Adobe Inc | 股票-科技 | 0.61% | — | — | |
| 36 | HUBB | Hubbell Inc | 股票-工業 | 0.54% | -0.03% | — | |
| 37 | LOW | Lowe's Cos Inc | 股票-循環性消費 | 0.51% | -0.09% | -3.25% | |
| 38 | UNP | Union Pacific CORP | 股票-工業 | 0.48% | -0.06% | -1.79% | |
| 39 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.48% | +0.07% | +2.19% | |
| 40 | XOM | Exxon Mobil CORP | 股票-能源 | 0.47% | -0.16% | -34.30% | |
| 41 | T | At&t Inc | 股票-通訊服務 | 0.47% | -0.18% | -13.39% | |
| 42 | MCD | Mcdonald's CORP | 股票-循環性消費 | 0.45% | -0.34% | — | |
| 43 | MTDR | Matador Resources Co | 股票-能源 | 0.42% | — | -49.74% | |
| 44 | ISRG | Intuitive Surgical Inc | 股票-醫療保健 | 0.34% | -0.17% | -7.60% | |
| 45 | RSP | Invesco S&p 500 Equal Weight | ETF-大型股與成長 | 0.33% | +0.04% | -14.29% | |
| 46 | FTV | Fortive CORP | 股票-科技 | 0.29% | -0.04% | -2.76% | |
| 47 | AXP | American Express Co | 股票-金融 | 0.29% | -0.26% | EXIT | |
| 48 | BSCS | Invesco Bulletshares 2028 Cb | ETF-其他 | 0.28% | -0.03% | +6.52% | |
| 49 | VOO | Vanguard S&p 500 ETF | ETF-大型股與成長 | 0.28% | +0.01% | — | |
| 50 | SPSM | Ss Spdr P S&p 600 Small Cap | ETF-中小型股 | 0.26% | — | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | +13.7% | +589.57% | 加碼 |
| 2 | MSFT | Microsoft CORP | +1.4% | -1.79% | 減碼 |
| 3 | IEX | Idex CORP | +0.8% | +1017.65% | 加碼 |
| 4 | ADBE | Adobe Inc | +0.6% | NEW | 新建倉 |
| 5 | HUBB | Hubbell Inc | +0.5% | NEW | 新建倉 |
| 6 | AMZN | Amazon.com Inc | +0.5% | +24.59% | 加碼 |
| 7 | SPSM | Ss Spdr P S&p 600 Small Cap | +0.3% | NEW | 新建倉 |
| 8 | DHR | Danaher CORP | +0.2% | +40.65% | 加碼 |
| 9 | PANW | Palo Alto Networks Inc | +0.2% | -3.55% | 減碼 |
| 10 | AVGO | Broadcom Inc | +0.2% | -12.03% | 減碼 |
| 11 | LHX | L3harris Technologies Inc | +0.1% | -1.36% | 減碼 |
| 12 | TSME | Thrivent Sml-mdc Eq Etf-us I | +0.1% | NEW | 新建倉 |
| 13 | SPYM | Ste Str Spdr Pt S&p 500 ETF | +0.1% | -0.64% | 減碼 |
| 14 | BSCR | Invesco Bulletshares 2027 Cb | +0.1% | +86.51% | 加碼 |
| 15 | BSCU | Invesco Bulletshares 2030 Cb | +0.1% | NEW | 新建倉 |
| 16 | SPSB | Ss Spdr P St C CORP ETF | +0.1% | NEW | 新建倉 |
| 17 | JPM | Jpmorgan Chase & Co | +0.1% | -4.56% | 減碼 |
| 18 | WMT | Walmart Inc | 0% | -2.18% | 減碼 |
| 19 | BAC | Bank Of America CORP | 0% | -2.78% | 減碼 |
| 20 | HON | Honeywell International Inc | 0% | -1.35% | 減碼 |
| 21 | UNH | Unitedhealth Group Inc | 0% | +77.34% | 加碼 |
| 22 | RTX | Rtx CORP | 0% | -4.61% | 減碼 |
| 23 | ABBV | Abbvie Inc | -0.1% | EXIT | 清倉 |
| 24 | LRCX | Lam Research CORP | -0.1% | EXIT | 清倉 |
| 25 | CSQ | Calamos Strat Ttl Rtrn Fnd | -0.1% | EXIT | 清倉 |
| 26 | BX | Blackstone Inc | -0.1% | -35.05% | 減碼 |
| 27 | GOOGL | Alphabet Inc-cl A | -0.1% | -9.44% | 減碼 |
| 28 | CNI | Canadian Natl Railway Co | -0.1% | EXIT | 清倉 |
| 29 | AMLP | Alerian Mlp ETF | -0.1% | EXIT | 清倉 |
| 30 | JNJ | Johnson & Johnson | -0.1% | EXIT | 清倉 |
| 31 | VCSH | Vanguard S/t CORP Bond ETF | -0.1% | -57.20% | 減碼 |
| 32 | BRK-B | Berkshire Hathaway Inc-cl B | -0.1% | -26.87% | 減碼 |
| 33 | VGT | Vanguard Info Tech ETF | -0.1% | -50.39% | 減碼 |
| 34 | ZTS | Zoetis Inc | -0.2% | -3.17% | 減碼 |
| 35 | FTV | Fortive CORP | -0.2% | -2.76% | 減碼 |
| 36 | WAL | Western Alliance Bancorp | -0.2% | EXIT | 清倉 |
| 37 | IWR | Ishares Russell Mid-cap ETF | -0.2% | -60.53% | 減碼 |
| 38 | CB | Chubb Limited | -0.2% | -2.67% | 減碼 |
| 39 | ES | Eversource Energy | -0.2% | EXIT | 清倉 |
| 40 | CP | Canadian Pacific Kansas City | -0.2% | EXIT | 清倉 |
| 41 | BSCT | Invesco Bulletshares 2029 Cb | -0.3% | -23.60% | 減碼 |
| 42 | AJG | Arthur J Gallagher & Co | -0.3% | -5.73% | 減碼 |
| 43 | XOM | Exxon Mobil CORP | -0.4% | -34.30% | 減碼 |
| 44 | SPY | Ss Spdr S&p 500 ETF Trust-us | -0.4% | -4.99% | 減碼 |
| 45 | V | Visa Inc-class A Shares | -0.5% | -12.16% | 減碼 |
| 46 | CPK | Chesapeake Utilities CORP | -0.5% | EXIT | 清倉 |
| 47 | MTDR | Matador Resources Co | -0.5% | -49.74% | 減碼 |
| 48 | TMO | Thermo Fisher Scientific Inc | -0.6% | -13.23% | 減碼 |
| 49 | A | Agilent Technologies Inc | -0.8% | -74.74% | 減碼 |
| 50 | AAPL | Apple Inc | -10.6% | -54.47% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Legacy Wealth Management, LLC / MS 在 Q2 2025 季度的美股持倉總市值約為 US$3.9億，共申報了 90 個公開持股部位。
在 Q2 2025 季度，Legacy Wealth Management, LLC / MS 按市值排列的前三大核心持股分別為：SPY (17.3%)、NVDA (15.3%)、MSFT (7.8%)。其中最大持股部位 SPY 佔據整體投資組合約 17.3% 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
ADBE
市值: US$200.2萬
本季最大獲利了結 / 清倉標的
CPK
前期市值: US$160.2萬
在 Q2 2025 季度中，Legacy Wealth Management, LLC / MS 共進行了 50 項持倉異動，包含新建倉 6 個部位、加碼 6 個部位、減碼 28 個部位以及清倉 10 個部位。 其中最大新建倉標的為 ADBE。 本季清倉部位包含 CPK。
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。