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: 0001050470
申報總市值
US$551.0億
US$551.0億
894 檔
5.6%
截至 Q3 2025 季度末，Lsv Asset Management 的美股持倉估值約為 US$551.0億，全數申報部位共有 894 檔。
Q3 2025 的申報記錄反映 Lsv Asset Management 的板塊替換策略：機構本季推動了 27 筆增持與 23 筆減持，籌碼呈現明顯的結構重組。
檢視投資組合結構，前 5 大主力部位（包含 T, GOOGL, BNY）占據了總市值的 5.6%，展現出該機構在 Q3 2025 的重點資金聚焦與風險分佈特徵。
僅顯示前 200 大持股（共 894 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 | T | At&t Inc | 股票-通訊服務 | 1.43% | -0.51% | -4.33% | |
| 2 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 1.37% | +0.41% | +301.37% | |
| 3 | BNY | Bank Of New York Mellon CORP | 股票-金融 | 1.36% | -0.50% | -9.43% | |
| 4 | C | Citigroup Inc | 股票-金融 | 1.35% | +0.06% | -4.25% | |
| 5 | CSCO | Cisco Systems Inc | 股票-科技 | 1.31% | +0.17% | -2.11% | |
| 6 | JNJ | Johnson & Johnson | 股票-醫療保健 | 1.26% | -0.45% | -2.57% | |
| 7 | QCOM | Qualcomm Inc | 股票-科技 | 1.25% | +0.11% | +1.79% | |
| 8 | WFC | Wells Fargo & Co | 股票-金融 | 1.21% | -0.13% | -4.54% | |
| 9 | EBAY | Ebay Inc | 股票-循環性消費 | 1.18% | -0.33% | -6.45% | |
| 10 | VZ | Verizon Communications Inc | 股票-通訊服務 | 1.18% | -0.32% | +1.78% | |
| 11 | STT | State Street CORP | 股票-金融 | 1.15% | +0.14% | -4.89% | |
| 12 | GILD | Gilead Sciences Inc | 股票-醫療保健 | 1.05% | -0.27% | -4.83% | |
| 13 | KR | Kroger Co | 股票-非循環性消費 | 1.03% | -0.37% | -1.62% | |
| 14 | GM | General Motors Co | 股票-循環性消費 | 1.01% | -0.12% | -2.89% | |
| 15 | FOXA | Fox CORP - Class A | 股票-通訊服務 | 0.99% | -0.18% | -4.58% | |
| 16 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.98% | -0.08% | -0.70% | |
| 17 | CMCSA | Comcast Corp-class A | 股票-通訊服務 | 0.96% | -0.21% | +1.77% | |
| 18 | PFE | Pfizer Inc | 股票-醫療保健 | 0.95% | -0.22% | +4.79% | |
| 19 | HIG | Hartford Insurance Group Inc | 股票-金融 | 0.94% | -0.20% | -8.20% | |
| 20 | DELL | Dell Technologies -c | 股票-科技 | 0.90% | +0.87% | +0.21% | |
| 21 | PHM | Pultegroup Inc | 股票-循環性消費 | 0.82% | +0.01% | -2.79% | |
| 22 | BMY | Bristol-myers Squibb Co | 股票-醫療保健 | 0.82% | -0.13% | +1.70% | |
| 23 | HCA | Hca Healthcare Inc | 股票-醫療保健 | 0.79% | -0.26% | -2.90% | |
| 24 | MO | Altria Group Inc | 股票-非循環性消費 | 0.78% | — | +1.10% | |
| 25 | DBX | Dropbox Inc-class A | 股票-科技 | 0.77% | — | +38.12% | |
| 26 | CVS | Cvs Health CORP | 股票-醫療保健 | 0.77% | +0.17% | -3.02% | |
| 27 | TXT | Textron Inc | 股票-工業 | 0.77% | — | -1.13% | |
| 28 | FLEX | Flex Ltd. | 股票-科技 | 0.76% | -0.08% | -12.65% | |
| 29 | NEM | Newmont CORP | 股票-原物料 | 0.76% | -0.23% | +26.29% | |
| 30 | AMAT | Applied Materials Inc | 股票-科技 | 0.75% | +0.39% | +0.95% | |
| 31 | BAC | Bank Of America CORP | 股票-金融 | 0.75% | +0.06% | -4.11% | |
| 32 | CFG | Citizens Financial Group | 股票-金融 | 0.75% | -0.05% | -2.86% | |
| 33 | INCY | Incyte CORP | 股票-醫療保健 | 0.75% | +0.05% | +3.22% | |
| 34 | JAZZ | Jazz Pharmaceuticals plc | 股票-醫療保健 | 0.73% | +0.02% | -1.64% | |
| 35 | CMI | Cummins Inc | 股票-工業 | 0.72% | -0.08% | -24.54% | |
| 36 | EXEL | Exelixis Inc | 股票-醫療保健 | 0.71% | +0.08% | -0.66% | |
| 37 | HPQ | Hp Inc | 股票-科技 | 0.68% | +0.07% | -1.14% | |
| 38 | AIG | American International Group | 股票-金融 | 0.68% | -0.08% | -0.86% | |
| 39 | DOX | Amdocs Limited | 股票-科技 | 0.66% | -0.15% | +7.58% | |
| 40 | HPE | Hewlett Packard Enterprise | 股票-科技 | 0.66% | +0.45% | -3.78% | |
| 41 | SNX | TD Synnex CORP | 股票-科技 | 0.65% | +0.30% | -2.12% | |
| 42 | JBL | Jabil Inc | 股票-科技 | 0.65% | -0.14% | -28.39% | |
| 43 | MTG | Mgic Investment CORP | 股票-金融 | 0.65% | -0.06% | -2.51% | |
| 44 | CRUS | Cirrus Logic Inc | 股票-科技 | 0.65% | -0.08% | -0.22% | |
| 45 | UTHR | United Therapeutics CORP | 股票-醫療保健 | 0.64% | -0.25% | -20.58% | |
| 46 | FHN | First Horizon CORP | 股票-金融 | 0.64% | +0.02% | -5.43% | |
| 47 | FDX | Fedex CORP | 股票-工業 | 0.60% | -0.47% | +0.64% | |
| 48 | TAP | Molson Coors Beverage Co - B | 股票-非循環性消費 | 0.60% | -0.13% | -1.86% | |
| 49 | BWA | Borgwarner Inc | 股票-循環性消費 | 0.59% | +0.04% | +4.72% | |
| 50 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.59% | — | -34.70% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | GOOGL | Alphabet Inc-cl A | +1.4% | +301.37% | 加碼 |
| 2 | BAC | Bank Of America CORP | +0.4% | -4.11% | 加碼 |
| 3 | EXPE | Expedia Group Inc | +0.4% | +6.32% | 加碼 |
| 4 | AMAT | Applied Materials Inc | +0.4% | +0.95% | 加碼 |
| 5 | ALV | Autoliv Inc | +0.3% | +54.86% | 加碼 |
| 6 | ADBE | Adobe Inc | +0.3% | +528073.61% | 加碼 |
| 7 | WDC | Western Digital CORP | +0.3% | +9.98% | 加碼 |
| 8 | DBX | Dropbox Inc-class A | +0.3% | +38.12% | 加碼 |
| 9 | DELL | Dell Technologies -c | +0.3% | +0.21% | 減碼 |
| 10 | MU | Micron Technology Inc | +0.3% | +104.57% | 加碼 |
| 11 | C | Citigroup Inc | +0.3% | -4.25% | 減碼 |
| 12 | ADT | Adt Inc | +0.2% | +3.72% | 加碼 |
| 13 | MTCH | Match Group Inc | +0.2% | +37.77% | 加碼 |
| 14 | ES | Eversource Energy | +0.2% | +331.55% | 加碼 |
| 15 | INCY | Incyte CORP | +0.2% | +3.22% | 加碼 |
| 16 | FLEX | Flex Ltd. | +0.2% | -12.65% | 減碼 |
| 17 | NEU | Newmarket CORP | +0.2% | +2.40% | 加碼 |
| 18 | SAIC | Science Applications Inte | +0.2% | +20.20% | 加碼 |
| 19 | QRVO | Qorvo Inc | +0.2% | +9.97% | 加碼 |
| 20 | CFG | Citizens Financial Group | +0.2% | -2.86% | 加碼 |
| 21 | BWA | Borgwarner Inc | +0.2% | +4.72% | 加碼 |
| 22 | SNX | TD Synnex CORP | +0.2% | -2.12% | 減碼 |
| 23 | FHI | Federated Hermes Inc | +0.2% | +22.12% | 加碼 |
| 24 | NTRS | Northern Trust CORP | +0.2% | -1.41% | 加碼 |
| 25 | HPE | Hewlett Packard Enterprise | +0.2% | -3.78% | 減碼 |
| 26 | OSK | Oshkosh CORP | +0.2% | +1.68% | 加碼 |
| 27 | PVH | Pvh CORP | +0.2% | +47.79% | 加碼 |
| 28 | EBAY | Ebay Inc | +0.1% | -6.45% | 減碼 |
| 29 | STT | State Street CORP | +0.1% | -4.89% | 減碼 |
| 30 | GM | General Motors Co | +0.1% | -2.89% | 減碼 |
| 31 | PHM | Pultegroup Inc | +0.1% | -2.79% | 減碼 |
| 32 | LEN | Lennar Corp-a | -0.2% | -99.50% | 減碼 |
| 33 | SJM | Jm Smucker Co/the | -0.2% | -41.84% | 減碼 |
| 34 | CNC | Centene CORP | -0.2% | -2.82% | 加碼 |
| 35 | IBM | Intl Business Machines CORP | -0.3% | -20.86% | 減碼 |
| 36 | CMCSA | Comcast Corp-class A | -0.3% | +1.77% | 減碼 |
| 37 | KR | Kroger Co | -0.3% | -1.62% | 減碼 |
| 38 | MCK | Mckesson CORP | -0.3% | -73.68% | 減碼 |
| 39 | TAP | Molson Coors Beverage Co - B | -0.3% | -1.86% | 減碼 |
| 40 | T | At&t Inc | -0.3% | -4.33% | 減碼 |
| 41 | AFL | Aflac Inc | -0.4% | -100.00% | 減碼 |
| 42 | BMY | Bristol-myers Squibb Co | -0.4% | +1.70% | 加碼 |
| 43 | CAH | Cardinal Health Inc | -0.4% | -37.39% | 減碼 |
| 44 | NRG | Nrg Energy Inc | -0.8% | -70.66% | 減碼 |
| 45 | NEM | Newmont CORP | — | NEW | 新建倉 |
| 46 | BERYEUR | Berry Global Group Inc | — | EXIT | 清倉 |
| 47 | DFSEUR | Discover Financial Services | — | EXIT | 清倉 |
| 48 | ACMR | Acm Research Inc-class A | — | NEW | 新建倉 |
| 49 | G | Genpact Limited | — | NEW | 新建倉 |
| 50 | INTC | Intel CORP | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Lsv Asset Management 在 Q3 2025 季度的美股持倉總市值約為 US$551.0億，共申報了 894 個公開持股部位。
在 Q3 2025 季度，Lsv Asset Management 按市值排列的前三大核心持股分別為：T (1.4%)、GOOGL (1.4%)、BNY (1.4%)。其中最大持股部位 T 佔據整體投資組合約 1.4% 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
NEM
市值: US$3.4億
本季最大獲利了結 / 清倉標的
BERYEUR
前期市值: US$2.2億
在 Q3 2025 季度中，Lsv Asset Management 共進行了 50 項持倉異動，包含新建倉 3 個部位、加碼 24 個部位、減碼 20 個部位以及清倉 3 個部位。 其中最大新建倉標的為 NEM。 本季清倉部位包含 BERYEUR。
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。