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: 0001177206
申報總市值
US$272.0億
US$272.0億
2499 檔
34.3%
根據最新整理的 13F 季度數據集，Los Angeles Capital Management LLC 於 Q4 2025 結束時的管理資產規模為 US$272.0億。該機構在本季度申報了 2499 檔美股持倉，呈現出該時期的主要投資地圖。
在 Q4 2025，Los Angeles Capital Management LLC 展現出較為審慎的避險與獲利了結姿態。本季共減碼 111 個部位並完全清倉 9 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 NVDA, AAPL, MSFT）占據了總市值的 34.3%，展現出該機構在 Q4 2025 的重點資金聚焦與風險分佈特徵。
僅顯示前 200 大持股（共 2499 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 | NVDA | Nvidia CORP | 股票-科技 | 9.93% | -0.16% | -1.83% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 7.76% | -1.36% | +10.14% | |
| 3 | MSFT | Microsoft CORP | 股票-科技 | 6.77% | -0.99% | +2.56% | |
| 4 | AVGO | Broadcom Inc | 股票-科技 | 3.86% | -0.04% | -1.81% | |
| 5 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 3.46% | -0.18% | +0.01% | |
| 6 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.67% | +0.03% | -4.00% | |
| 7 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 2.41% | +0.35% | -10.64% | |
| 8 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 2.34% | +0.49% | -10.33% | |
| 9 | NFLX | Netflix Inc | 股票-通訊服務 | 1.99% | +0.03% | -1.05% | |
| 10 | ABBV | Abbvie Inc | 股票-醫療保健 | 1.81% | -0.36% | +0.32% | |
| 11 | GILD | Gilead Sciences Inc | 股票-醫療保健 | 1.28% | -0.02% | -17.59% | |
| 12 | TSLA | Tesla Inc | 股票-循環性消費 | 1.19% | +0.09% | +49.65% | |
| 13 | GE | General Electric | 股票-工業 | 1.18% | -0.18% | -15.73% | |
| 14 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 1.13% | -0.05% | +12.73% | |
| 15 | APH | Amphenol Corp-cl A | 股票-科技 | 1.05% | +0.02% | -14.32% | |
| 16 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 1.04% | +0.02% | +12.16% | |
| 17 | AMD | Advanced Micro Devices | 股票-科技 | 1.04% | +0.73% | -1.93% | |
| 18 | NEM | Newmont CORP | 股票-原物料 | 0.98% | -0.60% | +2.71% | |
| 19 | HWM | Howmet Aerospace Inc | 股票-工業 | 0.81% | +0.42% | -5.59% | |
| 20 | ANET | Arista Networks Inc | 股票-科技 | 0.79% | -0.04% | -7.01% | |
| 21 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.78% | -0.23% | +26.54% | |
| 22 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.75% | -0.08% | +13.02% | |
| 23 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 0.74% | -0.86% | -5.66% | |
| 24 | GLW | Corning Inc | 股票-科技 | 0.73% | +0.02% | -5.66% | |
| 25 | INCY | Incyte CORP | 股票-醫療保健 | 0.72% | -0.56% | +29.96% | |
| 26 | DIS | Walt Disney Co/the | 股票-通訊服務 | 0.72% | +0.06% | +11.97% | |
| 27 | TT | Trane Technologies plc | 股票-工業 | 0.71% | -0.69% | -21.64% | |
| 28 | SYF | Synchrony Financial | 股票-金融 | 0.70% | -0.05% | -4.41% | |
| 29 | COF | Capital One Financial CORP | 股票-金融 | 0.69% | -0.39% | -8.71% | |
| 30 | BMY | Bristol-myers Squibb Co | 股票-醫療保健 | 0.67% | -0.94% | +34.11% | |
| 31 | LRCX | Lam Research CORP | 股票-科技 | 0.63% | +0.16% | +56.29% | |
| 32 | GD | General Dynamics CORP | 股票-工業 | 0.63% | -0.36% | -3.73% | |
| 33 | NBIX | Neurocrine Biosciences Inc | 股票-醫療保健 | 0.61% | +0.05% | +7.36% | |
| 34 | ADI | Analog Devices Inc | 股票-科技 | 0.57% | +0.15% | +5.56% | |
| 35 | EIX | Edison International | 股票-公用事業 | 0.57% | -0.19% | +0.90% | |
| 36 | STX | Seagate Technology Holdings plc | 股票-科技 | 0.56% | -0.03% | -6.34% | |
| 37 | WFC | Wells Fargo & Co | 股票-金融 | 0.51% | -0.29% | +818.51% | |
| 38 | ORCL | Oracle CORP | 股票-科技 | 0.49% | -0.20% | +12.22% | |
| 39 | TEL | TE Connectivity plc | 股票-科技 | 0.47% | -0.31% | +0.06% | |
| 40 | HIG | Hartford Insurance Group Inc | 股票-金融 | 0.47% | -0.56% | +87.66% | |
| 41 | NU | Nu Holdings Ltd. | 股票-金融 | 0.46% | -0.27% | +54.07% | |
| 42 | HCA | Hca Healthcare Inc | 股票-醫療保健 | 0.46% | -0.39% | +1097.38% | |
| 43 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.46% | -0.22% | -23.79% | |
| 44 | KLAC | Kla CORP | 股票-科技 | 0.43% | +0.20% | +39.92% | |
| 45 | LMT | Lockheed Martin CORP | 股票-工業 | 0.43% | -0.32% | +5.39% | |
| 46 | ALL | Allstate CORP | 股票-金融 | 0.42% | -0.66% | +45.20% | |
| 47 | DXCM | Dexcom Inc | 股票-醫療保健 | 0.42% | -0.06% | +11.81% | |
| 48 | VRTX | Vertex Pharmaceuticals Inc | 股票-醫療保健 | 0.42% | +0.13% | +726.85% | |
| 49 | IDXX | Idexx Laboratories Inc | 股票-醫療保健 | 0.41% | -0.47% | +41.52% | |
| 50 | WELL | Welltower Inc | 股票-房地產 | 0.40% | -0.01% | +249.97% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | AAPL | Apple Inc | +1.2% | +10.14% | 加碼 |
| 2 | NVDA | Nvidia CORP | +0.7% | -1.83% | 減碼 |
| 3 | WFC | Wells Fargo & Co | +0.5% | +818.51% | 加碼 |
| 4 | HCA | Hca Healthcare Inc | +0.4% | +1097.38% | 加碼 |
| 5 | AVGO | Broadcom Inc | +0.4% | -1.81% | 減碼 |
| 6 | TSLA | Tesla Inc | +0.4% | +49.65% | 加碼 |
| 7 | VRTX | Vertex Pharmaceuticals Inc | +0.4% | +726.85% | 加碼 |
| 8 | AMD | Advanced Micro Devices | +0.4% | -1.93% | 減碼 |
| 9 | LRCX | Lam Research CORP | +0.3% | +56.29% | 加碼 |
| 10 | WELL | Welltower Inc | +0.3% | +249.97% | 加碼 |
| 11 | MSFT | Microsoft CORP | +0.3% | +2.56% | 加碼 |
| 12 | GM | General Motors Co | +0.3% | +3526.08% | 加碼 |
| 13 | CI | THE Cigna Group | +0.2% | +479.43% | 加碼 |
| 14 | INCY | Incyte CORP | +0.2% | +29.96% | 加碼 |
| 15 | HIG | Hartford Insurance Group Inc | +0.2% | +87.66% | 加碼 |
| 16 | RTX | Rtx CORP | +0.2% | +85.80% | 加碼 |
| 17 | BMY | Bristol-myers Squibb Co | +0.2% | +34.11% | 加碼 |
| 18 | JNJ | Johnson & Johnson | +0.2% | +26.54% | 加碼 |
| 19 | PLTR | Palantir Technologies Inc-a | +0.2% | +12.16% | 加碼 |
| 20 | NU | Nu Holdings Ltd. | +0.2% | +54.07% | 加碼 |
| 21 | DAL | Delta Air Lines Inc | +0.2% | +113.97% | 加碼 |
| 22 | KLAC | Kla CORP | +0.2% | +39.92% | 加碼 |
| 23 | MRK | Merck & Co. Inc. | +0.2% | +12.73% | 加碼 |
| 24 | LLY | Eli Lilly & Co | +0.2% | +13.02% | 加碼 |
| 25 | HPQ | Hp Inc | +0.2% | +118.69% | 加碼 |
| 26 | VLO | Valero Energy CORP | +0.2% | +200.39% | 加碼 |
| 27 | ALNY | Alnylam Pharmaceuticals Inc | +0.1% | +50.60% | 加碼 |
| 28 | IDXX | Idexx Laboratories Inc | +0.1% | +41.52% | 加碼 |
| 29 | TRV | Travelers Cos Inc/the | +0.1% | +216.76% | 加碼 |
| 30 | DUK | Duke Energy CORP | +0.1% | +497.71% | 加碼 |
| 31 | UAL | United Airlines Holdings Inc | +0.1% | +47.82% | 加碼 |
| 32 | ALL | Allstate CORP | +0.1% | +45.20% | 加碼 |
| 33 | UHS | Universal Health Services-b | +0.1% | +47.37% | 加碼 |
| 34 | GOOGL | Alphabet Inc-cl A | +0.1% | -10.33% | 減碼 |
| 35 | SFM | Sprouts Farmers Market Inc | +0.1% | +332.53% | 加碼 |
| 36 | GOOG | Alphabet Inc-cl C | +0.1% | -10.64% | 減碼 |
| 37 | PEP | Pepsico Inc | +0.1% | +125.17% | 加碼 |
| 38 | ISRG | Intuitive Surgical Inc | +0.1% | +1004.79% | 加碼 |
| 39 | NOC | Northrop Grumman CORP | +0.1% | +77.59% | 加碼 |
| 40 | PEGA | Pegasystems Inc | +0.1% | +259.66% | 加碼 |
| 41 | GEV | GE Vernova Inc | +0.1% | +35.59% | 加碼 |
| 42 | DIS | Walt Disney Co/the | +0.1% | +11.97% | 加碼 |
| 43 | SNX | TD Synnex CORP | +0.1% | +395.34% | 加碼 |
| 44 | CB | Chubb Limited | +0.1% | +622.38% | 加碼 |
| 45 | NET | Cloudflare Inc - Class A | +0.1% | +40.54% | 加碼 |
| 46 | RDDT | Reddit Inc-cl A | +0.1% | +995.85% | 加碼 |
| 47 | VST | Vistra CORP | +0.1% | +55.10% | 加碼 |
| 48 | MSTR | Strategy Inc | +0.1% | +3200.27% | 加碼 |
| 49 | DXCM | Dexcom Inc | +0.1% | +11.81% | 加碼 |
| 50 | TEL | TE Connectivity plc | +0.1% | +0.06% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Los Angeles Capital Management LLC 在 Q4 2025 季度的美股持倉總市值約為 US$272.0億，共申報了 2499 個公開持股部位。
在 Q4 2025 季度，Los Angeles Capital Management LLC 按市值排列的前三大核心持股分別為：NVDA (9.9%)、AAPL (7.8%)、MSFT (6.8%)。其中最大持股部位 NVDA 佔據整體投資組合約 9.9% 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
CRH
市值: US$2047.8萬
本季最大獲利了結 / 清倉標的
CCL1EUR
前期市值: US$1.4億
在 Q4 2025 季度中，Los Angeles Capital Management LLC 共進行了 200 項持倉異動，包含新建倉 4 個部位、加碼 76 個部位、減碼 111 個部位以及清倉 9 個部位。 其中最大新建倉標的為 CRH。 本季清倉部位包含 CCL1EUR。
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。