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: 0001353651
申報總市值
US$13.2億
US$13.2億
87 檔
47.3%
在 Q4 2025 的 13F 官方備案中，Leith Wheeler Investment Counsel Ltd. 管理的美股投資組合規模來到 US$13.2億，整體持股檔數為 87 檔。
觀察 Q4 2025 的資金脈絡，Leith Wheeler Investment Counsel Ltd. 在獲利結算 7 檔個股的同時，將資本重新部署至 7 檔新選標的，展現主動管理機構的輪動節奏。
從部位權重觀察，前 5 大標的（包含 IVV, LHX, GOOGL）累計市值佔比達 47.3%，是驅動 Leith Wheeler Investment Counsel Ltd. 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 | IVV | Ishares Core S&p 500 ETF | ETF-大型股與成長 | 34.66% | +1.64% | -6.61% | |
| 2 | LHX | L3harris Technologies Inc | 股票-工業 | 3.24% | -0.69% | -8.74% | |
| 3 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 3.16% | +0.36% | -28.86% | |
| 4 | WFC | Wells Fargo & Co | 股票-金融 | 2.84% | -0.12% | — | |
| 5 | CRM | Salesforce Inc | 股票-科技 | 2.78% | -0.50% | +2.38% | |
| 6 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 2.70% | +0.63% | -31.10% | |
| 7 | DIS | Walt Disney Co/the | 股票-通訊服務 | 2.52% | -0.21% | +2.64% | |
| 8 | MDT | Medtronic plc | 股票-醫療保健 | 2.30% | -0.35% | -39.11% | |
| 9 | BDX | Becton Dickinson And Co | 股票-醫療保健 | 2.29% | -0.26% | +6.15% | |
| 10 | ADSK | Autodesk Inc | 股票-科技 | 2.17% | -0.57% | +2.33% | |
| 11 | HSIC | Henry Schein Inc | 股票-醫療保健 | 2.06% | -0.95% | -25.95% | |
| 12 | QQQM | Invesco Nasdaq 100 ETF | ETF-科技型 | 2.01% | -2.09% | EXIT | |
| 13 | V | Visa Inc-class A Shares | 股票-金融 | 2.00% | +0.12% | +3.35% | |
| 14 | BWA | Borgwarner Inc | 股票-循環性消費 | 1.82% | +0.47% | -13.12% | |
| 15 | QCOM | Qualcomm Inc | 股票-科技 | 1.63% | -0.11% | -43.92% | |
| 16 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.54% | +0.02% | -6.49% | |
| 17 | NKE | Nike Inc -cl B | 股票-循環性消費 | 1.49% | -0.40% | +2.60% | |
| 18 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.41% | +0.27% | +109.95% | |
| 19 | IFF | Intl Flavors & Fragrances | 股票-原物料 | 1.31% | -0.01% | -0.27% | |
| 20 | KD | Kyndryl Holdings Inc | 股票-科技 | 1.28% | -0.70% | EXIT | |
| 21 | SEIC | Sei Investments Company | 股票-金融 | 1.21% | -0.11% | -3.40% | |
| 22 | CPAY | Corpay Inc | 股票-科技 | 1.17% | -0.03% | -3.38% | |
| 23 | GMED | Globus Medical Inc - A | 股票-醫療保健 | 1.14% | -0.09% | -3.38% | |
| 24 | KEYS | Keysight Technologies In | 股票-科技 | 1.08% | +0.13% | -11.33% | |
| 25 | EA | Electronic Arts Inc | 股票-通訊服務 | 1.03% | — | -58.44% | |
| 26 | COR | Cencora Inc | 股票-醫療保健 | 1.02% | -0.18% | -27.94% | |
| 27 | GPN | Global Payments Inc | 股票-工業 | 0.91% | — | +0.09% | |
| 28 | BIP | Brookfield Infrastructure Partners L.P. | 股票-公用事業 | 0.91% | -0.08% | -3.38% | |
| 29 | ORI | Old Republic Intl CORP | 股票-金融 | 0.88% | -0.06% | -3.38% | |
| 30 | MDLZ | Mondelez International Inc-a | 股票-非循環性消費 | 0.83% | -0.33% | +4.79% | |
| 31 | EFAX | State Street Spdr Msci Eafe | ETF-其他 | 0.83% | +0.93% | NEW | |
| 32 | THC | Tenet Healthcare CORP | 股票-醫療保健 | 0.78% | -0.08% | +2.29% | |
| 33 | CCK | Crown Holdings Inc | 股票-循環性消費 | 0.75% | +0.01% | -3.37% | |
| 34 | MIDD | Middleby CORP | 股票-工業 | 0.72% | +0.13% | -3.39% | |
| 35 | SNA | Snap-on Inc | 股票-工業 | 0.69% | +0.01% | +12.16% | |
| 36 | LAMR | Lamar Advertising Co-a | 股票-房地產 | 0.67% | +0.09% | -3.39% | |
| 37 | CNM | Core & Main Inc-class A | 股票-工業 | 0.66% | -0.08% | -3.34% | |
| 38 | HAYW | Hayward Holdings Inc | 股票-其他 | 0.66% | +0.11% | -3.39% | |
| 39 | FA | First Advantage CORP | 股票-其他 | 0.65% | +0.28% | +13.09% | |
| 40 | CSL | Carlisle Cos Inc | 股票-工業 | 0.60% | — | -3.39% | |
| 41 | MKSI | Mks Inc | 股票-科技 | 0.58% | +0.01% | -27.83% | |
| 42 | GL | Globe Life Inc | 股票-金融 | 0.57% | +0.11% | -3.39% | |
| 43 | UHS | Universal Health Services-b | 股票-醫療保健 | 0.55% | -0.50% | EXIT | |
| 44 | GNTX | Gentex CORP | 股票-循環性消費 | 0.53% | +0.03% | +6.19% | |
| 45 | WH | Wyndham Hotels & Resorts Inc | 股票-循環性消費 | 0.50% | -0.03% | — | |
| 46 | LPX | Louisiana-pacific CORP | 股票-工業 | 0.49% | +0.38% | +89.16% | |
| 47 | HLMN | Hillman Solutions CORP | 股票-其他 | 0.47% | -0.04% | +7.25% | |
| 48 | RRC | Range Resources CORP | 股票-能源 | 0.45% | -0.12% | — | |
| 49 | AWR | American States Water Co | 股票-公用事業 | 0.43% | — | — | |
| 50 | AAPL | Apple Inc | 股票-科技 | 0.30% | +0.01% | +404.40% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | IVV | Ishares Core S&p 500 ETF | +2% | -6.61% | 減碼 |
| 2 | META | Meta Platforms Inc-class A | +0.7% | +109.95% | 加碼 |
| 3 | CRM | Salesforce Inc | +0.6% | +2.38% | 加碼 |
| 4 | GMED | Globus Medical Inc - A | +0.4% | -3.38% | 減碼 |
| 5 | BDX | Becton Dickinson And Co | +0.4% | +6.15% | 加碼 |
| 6 | V | Visa Inc-class A Shares | +0.3% | +3.35% | 加碼 |
| 7 | AAPL | Apple Inc | +0.3% | +404.40% | 加碼 |
| 8 | LPX | Louisiana-pacific CORP | +0.2% | +89.16% | 加碼 |
| 9 | IFF | Intl Flavors & Fragrances | +0.2% | -0.27% | 減碼 |
| 10 | MSFT | Microsoft CORP | +0.1% | +229.15% | 加碼 |
| 11 | SNA | Snap-on Inc | +0.1% | +12.16% | 加碼 |
| 12 | ADSK | Autodesk Inc | +0.1% | +2.33% | 加碼 |
| 13 | PEP | Pepsico Inc | +0.1% | +507.80% | 加碼 |
| 14 | AMZN | Amazon.com Inc | +0.1% | +174.12% | 加碼 |
| 15 | JPM | Jpmorgan Chase & Co | +0.1% | -6.49% | 減碼 |
| 16 | MA | Mastercard Inc - A | +0.1% | +235.16% | 加碼 |
| 17 | NKE | Nike Inc -cl B | +0.1% | +2.60% | 加碼 |
| 18 | GOOGL | Alphabet Inc-cl A | +0.1% | -28.86% | 減碼 |
| 19 | SEIC | Sei Investments Company | 0% | -3.40% | 減碼 |
| 20 | KD | Kyndryl Holdings Inc | — | +2.27% | 加碼 |
| 21 | MDLZ | Mondelez International Inc-a | — | +4.79% | 加碼 |
| 22 | GNTX | Gentex CORP | 0% | +6.19% | 加碼 |
| 23 | BWA | Borgwarner Inc | 0% | -13.12% | 減碼 |
| 24 | SNX | TD Synnex CORP | -0.1% | -24.54% | 減碼 |
| 25 | LHX | L3harris Technologies Inc | -0.1% | -8.74% | 減碼 |
| 26 | HSIC | Henry Schein Inc | -0.1% | -25.95% | 減碼 |
| 27 | COR | Cencora Inc | -0.2% | -27.94% | 減碼 |
| 28 | QQQM | Invesco Nasdaq 100 ETF | -0.4% | -26.55% | 減碼 |
| 29 | ORCL | Oracle CORP | -0.9% | -72.63% | 減碼 |
| 30 | PM | Philip Morris International | -0.9% | -98.10% | 減碼 |
| 31 | QCOM | Qualcomm Inc | -0.9% | -43.92% | 減碼 |
| 32 | UNH | Unitedhealth Group Inc | -1% | -31.10% | 減碼 |
| 33 | MDT | Medtronic plc | -1.1% | -39.11% | 減碼 |
| 34 | EA | Electronic Arts Inc | -1.2% | -58.44% | 減碼 |
| 35 | BRK-B | Berkshire Hathaway Inc-cl B | -1.7% | -96.37% | 減碼 |
| 36 | GOOG | Alphabet Inc-cl C | -1.8% | -94.73% | 減碼 |
| 37 | WFC | Wells Fargo & Co | — | NEW | 新建倉 |
| 38 | HUM | Humana Inc | — | EXIT | 清倉 |
| 39 | ALL | Allstate CORP | — | EXIT | 清倉 |
| 40 | VOO | Vanguard S&p 500 ETF | — | EXIT | 清倉 |
| 41 | WH | Wyndham Hotels & Resorts Inc | — | NEW | 新建倉 |
| 42 | RRC | Range Resources CORP | — | NEW | 新建倉 |
| 43 | BAH | Booz Allen Hamilton Holdings | — | EXIT | 清倉 |
| 44 | AWR | American States Water Co | — | NEW | 新建倉 |
| 45 | NVDA | Nvidia CORP | — | NEW | 新建倉 |
| 46 | EFOR | Everforth Inc | — | EXIT | 清倉 |
| 47 | SNN | Smith & Nephew PLC -spon Adr | — | EXIT | 清倉 |
| 48 | DEO | Diageo Plc-sponsored Adr | — | NEW | 新建倉 |
| 49 | KMX | Carmax Inc | — | EXIT | 清倉 |
| 50 | JNJ | Johnson & Johnson | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Leith Wheeler Investment Counsel Ltd. 在 Q4 2025 季度的美股持倉總市值約為 US$13.2億，共申報了 87 個公開持股部位。
在 Q4 2025 季度，Leith Wheeler Investment Counsel Ltd. 按市值排列的前三大核心持股分別為：IVV (34.7%)、LHX (3.2%)、GOOGL (3.2%)。其中最大持股部位 IVV 佔據整體投資組合約 34.7% 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
WFC
市值: US$3788.5萬
本季最大獲利了結 / 清倉標的
HUM
前期市值: US$1079.3萬
在 Q4 2025 季度中，Leith Wheeler Investment Counsel Ltd. 共進行了 50 項持倉異動，包含新建倉 7 個部位、加碼 16 個部位、減碼 20 個部位以及清倉 7 個部位。 其中最大新建倉標的為 WFC。 本季清倉部位包含 HUM。
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。