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: 0001570396
申報總市值
US$2.2億
US$2.2億
90 檔
22.7%
根據最新整理的 13F 季度數據集，Lipe & Dalton 於 Q2 2025 結束時的管理資產規模為 US$2.2億。該機構在本季度申報了 90 檔美股持倉，呈現出該時期的主要投資地圖。
在 Q2 2025，Lipe & Dalton 展現出較為審慎的避險與獲利了結姿態。本季共減碼 33 個部位並完全清倉 4 檔持股，調降曝險的部位數量高於加碼動作。
檢視投資組合結構，前 5 大主力部位（包含 AAPL, , ）占據了總市值的 22.7%，展現出該機構在 Q2 2025 的重點資金聚焦與風險分佈特徵。
| # | 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 | AAPL | Apple Inc | 股票-科技 | 7.76% | -0.04% | -2.73% | |
| 2 | ✓ | 股票-其他 | 6.06% | +0.18% | -2.52% | ||
| 3 | ✓ | 股票-其他 | 5.33% | +0.47% | -2.54% | ||
| 4 | ✓ | 股票-其他 | 4.02% | -0.31% | -2.80% | ||
| 5 | ✓ | 股票-其他 | 3.23% | -0.57% | -3.41% | ||
| 6 | BA | Boeing Co/the | 股票-工業 | 3.22% | -0.15% | -2.94% | |
| 7 | CM | Can Imperial Bk Of Commerce | 股票-金融 | 3.15% | +0.23% | -4.05% | |
| 8 | HSY | Hershey Co/the | 股票-非循環性消費 | 2.87% | -0.76% | -0.72% | |
| 9 | EMR | Emerson Electric Co | 股票-工業 | 2.85% | -0.11% | -6.35% | |
| 10 | SNA | Snap-on Inc | 股票-工業 | 2.74% | -0.09% | -2.78% | |
| 11 | ✓ | 股票-其他 | 2.45% | +0.03% | -1.81% | ||
| 12 | ✓ | 股票-其他 | 2.35% | — | -0.36% | ||
| 13 | DHR | Danaher CORP | 股票-醫療保健 | 2.26% | -0.14% | -2.65% | |
| 14 | YUM | Yum! Brands Inc | 股票-循環性消費 | 2.24% | -0.21% | -4.53% | |
| 15 | ✓ | 股票-其他 | 2.13% | -0.38% | -2.75% | ||
| 16 | TMO | Thermo Fisher Scientific Inc | 股票-醫療保健 | 2.06% | -0.26% | — | |
| 17 | DE | Deere & Co | 股票-工業 | 2.05% | — | -4.04% | |
| 18 | ✓ | 股票-其他 | 1.96% | +0.02% | -7.00% | ||
| 19 | JKHY | Jack Henry & Associates Inc | 股票-科技 | 1.92% | -0.38% | -2.33% | |
| 20 | MAS | Masco CORP | 股票-工業 | 1.86% | +0.27% | +0.18% | |
| 21 | MS | Morgan Stanley | 股票-金融 | 1.76% | +0.09% | +0.01% | |
| 22 | OKE | Oneok Inc | 股票-能源 | 1.63% | -0.28% | -1.31% | |
| 23 | MSFT | Microsoft CORP | 股票-科技 | 1.61% | -0.10% | — | |
| 24 | BAM | Brookfield Asset Mgmt-a | 股票-金融 | 1.43% | -0.20% | -0.98% | |
| 25 | ✓ | 股票-其他 | 1.43% | -0.03% | -0.67% | ||
| 26 | BALL | Ball CORP | 股票-循環性消費 | 1.42% | — | -3.59% | |
| 27 | BWA | Borgwarner Inc | 股票-循環性消費 | 1.40% | +0.11% | -4.48% | |
| 28 | ✓ | 股票-其他 | 1.38% | -0.14% | -2.04% | ||
| 29 | AMGN | Amgen Inc | 股票-醫療保健 | 1.30% | -0.15% | -2.54% | |
| 30 | MLM | Martin Marietta Materials | 股票-原物料 | 1.19% | -0.16% | -9.11% | |
| 31 | ✓ | 股票-其他 | 1.15% | -0.78% | -1.18% | ||
| 32 | AMZN | Amazon.com Inc | 股票-循環性消費 | 1.13% | -0.03% | -0.73% | |
| 33 | LMT | Lockheed Martin CORP | 股票-工業 | 1.12% | -0.39% | — | |
| 34 | ✓ | 股票-其他 | 1.11% | -0.12% | +1.86% | ||
| 35 | INTC | Intel CORP | 股票-科技 | 1.11% | +1.53% | -2.40% | |
| 36 | ✓ | 股票-其他 | 1.07% | -0.22% | EXIT | ||
| 37 | ✓ | 股票-其他 | 1.04% | -0.06% | -6.00% | ||
| 38 | CVS | Cvs Health CORP | 股票-醫療保健 | 1.02% | +0.23% | -2.58% | |
| 39 | CI | THE Cigna Group | 股票-醫療保健 | 0.93% | -0.09% | -0.27% | |
| 40 | QCOM | Qualcomm Inc | 股票-科技 | 0.90% | — | +3.98% | |
| 41 | ✓ | 股票-其他 | 0.89% | -0.06% | — | ||
| 42 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.76% | -0.11% | +1.23% | |
| 43 | ✓ | 股票-其他 | 0.75% | -0.08% | -7.03% | ||
| 44 | WFC | Wells Fargo & Co | 股票-金融 | 0.69% | -0.05% | — | |
| 45 | ✓ | 股票-其他 | 0.69% | -0.09% | +0.63% | ||
| 46 | ✓ | 股票-其他 | 0.62% | +0.06% | -1.25% | ||
| 47 | ✓ | 股票-其他 | 0.53% | -0.42% | EXIT | ||
| 48 | ✓ | 股票-其他 | 0.52% | — | -5.98% | ||
| 49 | ✓ | 股票-其他 | 0.46% | -0.04% | -1.80% | ||
| 50 | SIRI | Sirius Xm Holdings Inc | 股票-通訊服務 | 0.43% | — | -0.14% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | TMO | Thermo Fisher Scientific Inc | +2.1% | NEW | 新建倉 |
| 2 | ✓ | +1.1% | -2.52% | 減碼 | |
| 3 | ✓ | +0.5% | -0.36% | 減碼 | |
| 4 | CM | Can Imperial Bk Of Commerce | +0.5% | -4.05% | 減碼 |
| 5 | BA | Boeing Co/the | +0.4% | -2.94% | 減碼 |
| 6 | ✓ | +0.4% | -2.80% | 減碼 | |
| 7 | MSFT | Microsoft CORP | +0.4% | — | 不變 |
| 8 | ✓ | +0.3% | -2.54% | 減碼 | |
| 9 | ✓ | +0.3% | -3.41% | 減碼 | |
| 10 | ✓ | +0.3% | -7.00% | 減碼 | |
| 11 | ✓ | +0.3% | — | 不變 | |
| 12 | EMR | Emerson Electric Co | +0.3% | -6.35% | 減碼 |
| 13 | MS | Morgan Stanley | +0.3% | +0.01% | 加碼 |
| 14 | ✓ | +0.2% | +1.86% | 加碼 | |
| 15 | ✓ | +0.2% | +32.10% | 加碼 | |
| 16 | ✓ | +0.2% | NEW | 新建倉 | |
| 17 | BAM | Brookfield Asset Mgmt-a | +0.1% | -0.98% | 減碼 |
| 18 | ✓ | +0.1% | +5.39% | 加碼 | |
| 19 | AMZN | Amazon.com Inc | +0.1% | -0.73% | 減碼 |
| 20 | BWA | Borgwarner Inc | +0.1% | -4.48% | 減碼 |
| 21 | ✓ | +0.1% | -2.75% | 減碼 | |
| 22 | ✓ | +0.1% | -1.25% | 減碼 | |
| 23 | WFC | Wells Fargo & Co | +0.1% | — | 不變 |
| 24 | QCOM | Qualcomm Inc | 0% | +3.98% | 加碼 |
| 25 | FFIV | F5 Inc | 0% | +15.21% | 加碼 |
| 26 | DE | Deere & Co | 0% | -4.04% | 減碼 |
| 27 | BALL | Ball CORP | — | -3.59% | 減碼 |
| 28 | ✓ | -0.1% | -3.86% | 減碼 | |
| 29 | ✓ | -0.1% | -7.00% | 減碼 | |
| 30 | JNJ | Johnson & Johnson | -0.1% | +1.23% | 加碼 |
| 31 | ✓ | -0.1% | -5.46% | 減碼 | |
| 32 | ✓ | -0.1% | -1.80% | 減碼 | |
| 33 | DFSEUR | Discover Financial Services | -0.1% | EXIT | 清倉 |
| 34 | ✓ | -0.1% | -5.98% | 減碼 | |
| 35 | JKHY | Jack Henry & Associates Inc | -0.1% | -2.33% | 減碼 |
| 36 | ✓ | Exact Sciences CORP | -0.2% | EXIT | 清倉 |
| 37 | ✓ | -0.2% | -6.00% | 減碼 | |
| 38 | HSY | Hershey Co/the | -0.2% | -0.72% | 減碼 |
| 39 | MAS | Masco CORP | -0.2% | +0.18% | 加碼 |
| 40 | DHR | Danaher CORP | -0.2% | -2.65% | 減碼 |
| 41 | AMGN | Amgen Inc | -0.3% | -2.54% | 減碼 |
| 42 | ✓ | -0.3% | -1.18% | 減碼 | |
| 43 | YUM | Yum! Brands Inc | -0.3% | -4.53% | 減碼 |
| 44 | SNA | Snap-on Inc | -0.4% | -2.78% | 減碼 |
| 45 | ✓ | -0.4% | EXIT | 清倉 | |
| 46 | OKE | Oneok Inc | -0.5% | -1.31% | 減碼 |
| 47 | ✓ | -0.5% | -1.81% | 減碼 | |
| 48 | COO | Cooper Cos Inc/the | -0.6% | EXIT | 清倉 |
| 49 | AAPL | Apple Inc | -1.2% | -2.73% | 減碼 |
| 50 | BMY | Bristol-myers Squibb Co | -1.9% | -96.46% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Lipe & Dalton 在 Q2 2025 季度的美股持倉總市值約為 US$2.2億，共申報了 90 個公開持股部位。
在 Q2 2025 季度，Lipe & Dalton 按市值排列的前三大核心持股分別為：AAPL (7.8%)、 (6.1%)、 (5.3%)。其中最大持股部位 AAPL 佔據整體投資組合約 7.8% 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
TMO
市值: US$381.3萬
本季最大獲利了結 / 清倉標的
COO
前期市值: US$102.0萬
在 Q2 2025 季度中，Lipe & Dalton 共進行了 47 項持倉異動，包含新建倉 2 個部位、加碼 8 個部位、減碼 33 個部位以及清倉 4 個部位。 其中最大新建倉標的為 TMO。 本季清倉部位包含 COO。
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。