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: 0002053050
申報總市值
US$5.4億
US$5.4億
213 檔
14.4%
截至 Q4 2025 季度末，Louisbourg Investments Inc. 的美股持倉估值約為 US$5.4億，全數申報部位共有 213 檔。
在 Q4 2025，Louisbourg Investments Inc. 操作展現出積極擴展與加碼意向。本季共新建倉 7 個新部位，並對 23 個既有持股進行加碼（合計增持 30 檔），相較減碼與清倉部位顯著佔優。
檢視投資組合結構，前 5 大主力部位（包含 CNI, MSFT, GOOG）占據了總市值的 14.4%，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 213 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 | CNI | Canadian Natl Railway Co | 股票-工業 | 5.72% | -0.05% | -4.04% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 2.65% | -0.14% | +5.01% | |
| 3 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 2.60% | +0.14% | +3.97% | |
| 4 | IVV | Ishares Core S&p 500 ETF | ETF-大型股與成長 | 2.44% | +0.10% | -2.83% | |
| 5 | WPM | Wheaton Precious Metals CORP | 股票-原物料 | 2.15% | -0.77% | -18.95% | |
| 6 | SHOP | Shopify Inc - Class A | 股票-科技 | 2.15% | +0.47% | -34.08% | |
| 7 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 2.10% | +0.25% | +11.48% | |
| 8 | RCI | Rogers Communications Inc-b | 股票-其他 | 1.97% | -0.13% | -6.99% | |
| 9 | GIL | Gildan Activewear Inc | 股票-循環性消費 | 1.82% | -0.17% | -18.54% | |
| 10 | PBA | Pembina Pipeline CORP | 股票-能源 | 1.73% | +0.12% | +25.79% | |
| 11 | VOO | Vanguard S&p 500 ETF | ETF-大型股與成長 | 1.65% | +0.25% | +4.57% | |
| 12 | CRM | Salesforce Inc | 股票-科技 | 1.65% | +0.05% | +6.51% | |
| 13 | AMZN | Amazon.com Inc | 股票-循環性消費 | 1.63% | +0.18% | +11.10% | |
| 14 | IEFA | Ishares Core Msci Eafe ETF | ETF-其他 | 1.62% | +0.13% | +2.78% | |
| 15 | LSPD | Lightspeed Commerce Inc | 股票-其他 | 1.56% | -0.03% | -0.89% | |
| 16 | OR | Or Royalties Inc | 股票-其他 | 1.55% | -0.60% | -25.13% | |
| 17 | BN | Brookfield CORP | 股票-金融 | 1.53% | +0.09% | +45.63% | |
| 18 | TECK | Teck Resources Ltd-cls B | 股票-原物料 | 1.52% | +0.99% | +13.97% | |
| 19 | CIGI | Colliers Intl Gr-subord Vot | 股票-其他 | 1.52% | -0.03% | +10.51% | |
| 20 | BGSI | THE Boyd Group Inc | 股票-其他 | 1.45% | -0.02% | — | |
| 21 | BDX | Becton Dickinson And Co | 股票-醫療保健 | 1.44% | -0.04% | +0.05% | |
| 22 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.43% | +0.15% | +24.20% | |
| 23 | AVGO | Broadcom Inc | 股票-科技 | 1.37% | +0.22% | -2.37% | |
| 24 | TMUS | T-mobile US Inc | 股票-通訊服務 | 1.36% | -0.04% | +53.46% | |
| 25 | DSGX | Descartes Systems Grp/the | 股票-科技 | 1.26% | -0.02% | +92.41% | |
| 26 | CTSH | Cognizant Tech Solutions-a | 股票-科技 | 1.25% | +0.02% | +1.88% | |
| 27 | BRK-A | Berkshire Hathaway Inc-cl A | 股票-其他 | 1.20% | +0.02% | — | |
| 28 | GIB | Cgi Inc | 股票-科技 | 1.14% | -0.41% | +10.45% | |
| 29 | ATS | Ats CORP | 股票-其他 | 1.14% | +0.14% | -3.79% | |
| 30 | BNS | Bank Of Nova Scotia | 股票-金融 | 1.14% | -0.17% | -25.13% | |
| 31 | JNJ | Johnson & Johnson | 股票-醫療保健 | 1.13% | -0.40% | -16.83% | |
| 32 | OTIS | Otis Worldwide CORP | 股票-工業 | 1.08% | +0.09% | +29.00% | |
| 33 | QSR | Restaurant Brands Intern | 股票-循環性消費 | 1.06% | +0.12% | -29.78% | |
| 34 | HBM | Hudbay Minerals Inc | 股票-其他 | 1.05% | -0.17% | — | |
| 35 | NTR | Nutrien LTD | 股票-原物料 | 1.04% | +0.40% | -23.11% | |
| 36 | J | Jacobs Solutions Inc | 股票-工業 | 1.02% | +0.17% | +7.41% | |
| 37 | IAG | Iamgold CORP | 股票-其他 | 1.02% | -1.13% | EXIT | |
| 38 | NGDN | New Gold Inc | 股票-其他 | 0.98% | — | -8.26% | |
| 39 | EQX | Equinox Gold CORP | 股票-其他 | 0.97% | -1.02% | EXIT | |
| 40 | KGC | Kinross Gold CORP | 股票-原物料 | 0.96% | -1.13% | EXIT | |
| 41 | DIS | Walt Disney Co/the | 股票-通訊服務 | 0.96% | -0.04% | +5.02% | |
| 42 | WTW | Willis Towers Watson Public Limited Company | 股票-金融 | 0.96% | -0.04% | +5.78% | |
| 43 | RY | Royal Bank Of Canada | 股票-金融 | 0.95% | +0.18% | +0.38% | |
| 44 | URI | United Rentals Inc | 股票-工業 | 0.95% | -0.30% | +15.46% | |
| 45 | CSGP | Costar Group Inc | 股票-房地產 | 0.95% | -0.01% | +475.85% | |
| 46 | TD | Toronto-dominion Bank | 股票-金融 | 0.91% | +0.02% | -16.45% | |
| 47 | SSRM | Ssr Mining Inc | 股票-原物料 | 0.91% | -1.25% | EXIT | |
| 48 | CNQ | Canadian Natural Resources | 股票-能源 | 0.90% | +0.07% | -25.41% | |
| 49 | UUUU | Energy Fuels Inc | 股票-能源 | 0.88% | -1.17% | EXIT | |
| 50 | SU | Suncor Energy Inc | 股票-能源 | 0.86% | +1.33% | +51.07% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | CSGP | Costar Group Inc | +0.7% | +475.85% | 加碼 |
| 2 | CVE | Cenovus Energy Inc | +0.6% | +23201.68% | 加碼 |
| 3 | GOOG | Alphabet Inc-cl C | +0.5% | +3.97% | 加碼 |
| 4 | DSGX | Descartes Systems Grp/the | +0.5% | +92.41% | 加碼 |
| 5 | STN | Stantec Inc | +0.3% | +97.35% | 加碼 |
| 6 | SU | Suncor Energy Inc | +0.3% | +51.07% | 加碼 |
| 7 | RSP | Invesco S&p 500 Equal Weight | +0.2% | +58.31% | 加碼 |
| 8 | TSM | Taiwan Semiconductor-sp Adr | +0.2% | +11.48% | 加碼 |
| 9 | TMUS | T-mobile US Inc | +0.2% | +53.46% | 加碼 |
| 10 | TRI4EUR | Thomson Reuters CORP | +0.2% | +222.37% | 加碼 |
| 11 | CTSH | Cognizant Tech Solutions-a | +0.2% | +1.88% | 加碼 |
| 12 | TECK | Teck Resources Ltd-cls B | +0.2% | +13.97% | 加碼 |
| 13 | CRM | Salesforce Inc | +0.2% | +6.51% | 加碼 |
| 14 | PBA | Pembina Pipeline CORP | +0.1% | +25.79% | 加碼 |
| 15 | OTIS | Otis Worldwide CORP | +0.1% | +29.00% | 加碼 |
| 16 | AMZN | Amazon.com Inc | +0.1% | +11.10% | 加碼 |
| 17 | KKR | Kkr & Co Inc | +0.1% | +24.52% | 加碼 |
| 18 | DG | Dollar General CORP | +0.1% | -7.26% | 減碼 |
| 19 | META | Meta Platforms Inc-class A | +0.1% | +24.20% | 加碼 |
| 20 | GIB | Cgi Inc | +0.1% | +10.45% | 加碼 |
| 21 | RY | Royal Bank Of Canada | +0.1% | +0.38% | 加碼 |
| 22 | DLTR | Dollar Tree Inc | +0.1% | -13.71% | 減碼 |
| 23 | ABT | Abbott Laboratories | 0% | +22.25% | 加碼 |
| 24 | KGC | Kinross Gold CORP | 0% | -1.04% | 減碼 |
| 25 | NGDN | New Gold Inc | 0% | -8.26% | 減碼 |
| 26 | BDX | Becton Dickinson And Co | 0% | +0.05% | 加碼 |
| 27 | VOO | Vanguard S&p 500 ETF | 0% | +4.57% | 加碼 |
| 28 | KLAC | Kla CORP | -0.1% | -49.23% | 減碼 |
| 29 | DCBO | Docebo Inc | -0.2% | -8.95% | 減碼 |
| 30 | A | Agilent Technologies Inc | -0.3% | -26.52% | 減碼 |
| 31 | BNS | Bank Of Nova Scotia | -0.3% | -25.13% | 減碼 |
| 32 | CNQ | Canadian Natural Resources | -0.3% | -25.41% | 減碼 |
| 33 | ORCL | Oracle CORP | -0.4% | -19.29% | 減碼 |
| 34 | NTR | Nutrien LTD | -0.4% | -23.11% | 減碼 |
| 35 | FTS | Fortis Inc | -0.4% | -42.88% | 減碼 |
| 36 | GIL | Gildan Activewear Inc | -0.4% | -18.54% | 減碼 |
| 37 | QSR | Restaurant Brands Intern | -0.5% | -29.78% | 減碼 |
| 38 | WPM | Wheaton Precious Metals CORP | -0.6% | -18.95% | 減碼 |
| 39 | AEM | Agnico Eagle Mines LTD | -0.9% | -94.63% | 減碼 |
| 40 | OR | Or Royalties Inc | -1% | -25.13% | 減碼 |
| 41 | SHOP | Shopify Inc - Class A | -1.1% | -34.08% | 減碼 |
| 42 | BGSI | THE Boyd Group Inc | — | NEW | 新建倉 |
| 43 | HBM | Hudbay Minerals Inc | — | NEW | 新建倉 |
| 44 | IAG | Iamgold CORP | — | NEW | 新建倉 |
| 45 | EQX | Equinox Gold CORP | — | NEW | 新建倉 |
| 46 | UUUU | Energy Fuels Inc | — | NEW | 新建倉 |
| 47 | AYS1 | Sandstorm Gold LTD | — | EXIT | 清倉 |
| 48 | RGLD | Royal Gold Inc | — | NEW | 新建倉 |
| 49 | FSV | Firstservice CORP | — | NEW | 新建倉 |
| 50 | MRSH | Marsh & Mclennan Cos | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Louisbourg Investments Inc. 在 Q4 2025 季度的美股持倉總市值約為 US$5.4億，共申報了 213 個公開持股部位。
在 Q4 2025 季度，Louisbourg Investments Inc. 按市值排列的前三大核心持股分別為：CNI (5.7%)、MSFT (2.6%)、GOOG (2.6%)。其中最大持股部位 CNI 佔據整體投資組合約 5.7% 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
BGSI
市值: US$727.2萬
本季最大獲利了結 / 清倉標的
AYS1
前期市值: US$423.3萬
在 Q4 2025 季度中，Louisbourg Investments Inc. 共進行了 50 項持倉異動，包含新建倉 7 個部位、加碼 23 個部位、減碼 18 個部位以及清倉 2 個部位。 其中最大新建倉標的為 BGSI。 本季清倉部位包含 AYS1。
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。