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: 0001593688
申報總市值
US$3.7億
US$3.7億
86 檔
31.5%
M. Kraus & Co 在 Q2 2026 季度的美股部位總計估值為 US$3.7億，分散於 86 個持倉標的之中，反映其市場參與廣度與投資規模。
觀察 Q2 2026 的資金脈絡，M. Kraus & Co 在獲利結算 3 檔個股的同時，將資本重新部署至 8 檔新選標的，展現主動管理機構的輪動節奏。
在資產配置集中度方面，M. Kraus & Co 的前 5 大核心持股（包含 GOOG, MSFT, Berkshire Hathaway - B 等）合計佔整體申報市值的 31.5%，反映機構在主要關鍵部位上的權重分佈。
| # | 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 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 9.29% | -0.36% | -1.14% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 7.43% | +2.84% | +0.18% | |
| 3 | ✓ | Berkshire Hathaway - B | 股票-其他 | 5.59% | -0.08% | -2.79% | |
| 4 | CSCO | Cisco Systems Inc | 股票-科技 | 4.76% | -0.38% | -0.53% | |
| 5 | ROK | Rockwell Automation Inc | 股票-工業 | 4.10% | -0.50% | -1.28% | |
| 6 | TMO | Thermo Fisher Scientific Inc | 股票-醫療保健 | 3.93% | +1.27% | -1.16% | |
| 7 | RTX | Rtx CORP | 股票-工業 | 3.83% | -0.13% | -1.90% | |
| 8 | LHX | L3harris Technologies Inc | 股票-工業 | 3.58% | -0.65% | -0.68% | |
| 9 | NSC | Norfolk Southern CORP | 股票-工業 | 3.48% | -0.10% | -0.48% | |
| 10 | JNJ | Johnson & Johnson | 股票-醫療保健 | 3.33% | +0.15% | +1.00% | |
| 11 | NEE | Nextera Energy Inc | 股票-公用事業 | 3.08% | -0.44% | +0.19% | |
| 12 | ECL | Ecolab Inc | 股票-原物料 | 2.75% | -0.03% | +1.42% | |
| 13 | ITW | Illinois Tool Works | 股票-工業 | 2.72% | -0.12% | +1.45% | |
| 14 | CARR | Carrier Global CORP | 股票-工業 | 2.72% | -0.68% | -0.91% | |
| 15 | ABBV | Abbvie Inc | 股票-醫療保健 | 2.61% | +0.12% | -0.24% | |
| 16 | CHD | Church & Dwight Co Inc | 股票-非循環性消費 | 2.55% | -0.07% | -0.80% | |
| 17 | AVGO | Broadcom Inc | 股票-科技 | 2.39% | -0.15% | +1.10% | |
| 18 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 2.25% | -0.04% | -0.70% | |
| 19 | LIN | Linde plc | 股票-原物料 | 2.15% | -0.18% | +1.51% | |
| 20 | MCHP | Microchip Technology Inc | 股票-科技 | 2.14% | -0.35% | -0.87% | |
| 21 | AAPL | Apple Inc | 股票-科技 | 2.09% | +0.25% | — | |
| 22 | ENB | Enbridge Inc | 股票-能源 | 2.05% | -0.27% | -0.11% | |
| 23 | PEP | Pepsico Inc | 股票-非循環性消費 | 1.87% | -0.15% | -0.73% | |
| 24 | ABT | Abbott Laboratories | 股票-醫療保健 | 1.86% | +0.15% | +0.21% | |
| 25 | MDLZ | Mondelez International Inc-a | 股票-非循環性消費 | 1.70% | -0.02% | -1.39% | |
| 26 | NVDA | Nvidia CORP | 股票-科技 | 1.47% | +0.22% | +316.88% | |
| 27 | ETN | Eaton Corporation plc | 股票-工業 | 1.43% | +0.03% | +229.04% | |
| 28 | RSG | Republic Services Inc | 股票-工業 | 0.91% | -0.01% | -2.54% | |
| 29 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.76% | +0.02% | +0.40% | |
| 30 | IBM | Intl Business Machines CORP | 股票-科技 | 0.72% | -0.15% | -0.21% | |
| 31 | VZ | Verizon Communications Inc | 股票-通訊服務 | 0.72% | +0.05% | -0.36% | |
| 32 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 0.61% | -0.03% | — | |
| 33 | AMZN | Amazon.com Inc | 股票-循環性消費 | 0.60% | +0.01% | — | |
| 34 | VOO | Vanguard S&p 500 ETF | ETF-大型股與成長 | 0.58% | +0.02% | +603.78% | |
| 35 | COP | Conocophillips | 股票-能源 | 0.53% | +0.11% | -1.34% | |
| 36 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 0.47% | +0.01% | +168.61% | |
| 37 | CVX | Chevron CORP | 股票-能源 | 0.42% | +0.10% | -0.31% | |
| 38 | DIS | Walt Disney Co/the | 股票-通訊服務 | 0.41% | -0.02% | -18.60% | |
| 39 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.36% | +0.05% | — | |
| 40 | OTIS | Otis Worldwide CORP | 股票-工業 | 0.33% | -0.33% | EXIT | |
| 41 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.29% | -0.01% | -2.70% | |
| 42 | GLD | Spdr Gold Shares | ETF-避險與商品 | 0.28% | +0.01% | — | |
| 43 | MDY | State Street Spdr S&p Midcap | ETF-其他 | 0.27% | -0.02% | +3.64% | |
| 44 | AMGN | Amgen Inc | 股票-醫療保健 | 0.23% | +0.05% | — | |
| 45 | HD | Home Depot Inc | 股票-循環性消費 | 0.23% | -0.05% | -1.63% | |
| 46 | IWM | Ishares Russell 2000 ETF | ETF-中小型股 | 0.23% | -0.03% | — | |
| 47 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.21% | -0.01% | +1.22% | |
| 48 | MA | Mastercard Inc - A | 股票-金融 | 0.20% | +0.02% | -0.99% | |
| 49 | WMT | Walmart Inc | 股票-非循環性消費 | 0.19% | -0.02% | +5.26% | |
| 50 | QDF | Flexshares Quality Dividend | ETF-其他 | 0.18% | — | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | CSCO | Cisco Systems Inc | +1.3% | -0.53% | 減碼 |
| 2 | NVDA | Nvidia CORP | +1.1% | +316.88% | 加碼 |
| 3 | ETN | Eaton Corporation plc | +1% | +229.04% | 加碼 |
| 4 | GOOG | Alphabet Inc-cl C | +0.9% | -1.14% | 減碼 |
| 5 | ROK | Rockwell Automation Inc | +0.8% | -1.28% | 減碼 |
| 6 | VOO | Vanguard S&p 500 ETF | +0.5% | +603.78% | 加碼 |
| 7 | MCHP | Microchip Technology Inc | +0.5% | -0.87% | 減碼 |
| 8 | CARR | Carrier Global CORP | +0.4% | -0.91% | 減碼 |
| 9 | SPY | Ss Spdr S&p 500 ETF Trust-us | +0.3% | +168.61% | 加碼 |
| 10 | AVGO | Broadcom Inc | +0.3% | +1.10% | 加碼 |
| 11 | ABBV | Abbvie Inc | +0.1% | -0.24% | 減碼 |
| 12 | AAPL | Apple Inc | +0.1% | — | 不變 |
| 13 | GOOGL | Alphabet Inc-cl A | +0.1% | — | 不變 |
| 14 | TXN | Texas Instruments Inc | +0.1% | NEW | 新建倉 |
| 15 | ✓ | Applied Materials Inc | +0.1% | NEW | 新建倉 |
| 16 | UNH | Unitedhealth Group Inc | +0.1% | NEW | 新建倉 |
| 17 | ✓ | +0.1% | NEW | 新建倉 | |
| 18 | NUE | Nucor CORP | +0.1% | NEW | 新建倉 |
| 19 | XNTK | Ss Spdr Nyse Tech ETF | +0.1% | NEW | 新建倉 |
| 20 | ✓ | Bank of America Corp. | +0.1% | NEW | 新建倉 |
| 21 | KMB | Kimberly-clark CORP | +0.1% | NEW | 新建倉 |
| 22 | VGT | Vanguard Info Tech ETF | +0.1% | +72.70% | 加碼 |
| 23 | LLY | Eli Lilly & Co | 0% | -2.70% | 減碼 |
| 24 | IBM | Intl Business Machines CORP | 0% | -0.21% | 減碼 |
| 25 | AMZN | Amazon.com Inc | 0% | — | 不變 |
| 26 | VTI | Vanguard Total Stock Mkt ETF | 0% | +18.96% | 加碼 |
| 27 | IWM | Ishares Russell 2000 ETF | 0% | — | 不變 |
| 28 | MDY | State Street Spdr S&p Midcap | 0% | +3.64% | 加碼 |
| 29 | JPM | Jpmorgan Chase & Co | 0% | +0.40% | 加碼 |
| 30 | V | Visa Inc-class A Shares | 0% | +5.64% | 加碼 |
| 31 | QDF | Flexshares Quality Dividend | 0% | — | 不變 |
| 32 | IVW | Ishares S&p 500 Growth ETF | 0% | -3.51% | 減碼 |
| 33 | UNP | Union Pacific CORP | 0% | — | 不變 |
| 34 | VUG | Vanguard Growth ETF | 0% | +500.00% | 加碼 |
| 35 | ✓ | American Express Co. | 0% | — | 不變 |
| 36 | KO | Coca-cola Co/the | — | — | 不變 |
| 37 | MMM | 3m Co | — | -0.51% | 減碼 |
| 38 | PM | Philip Morris International | — | -2.33% | 減碼 |
| 39 | PAYX | Paychex Inc | — | +2.47% | 加碼 |
| 40 | MO | Altria Group Inc | — | — | 不變 |
| 41 | DCI | Donaldson Co Inc | — | — | 不變 |
| 42 | GD | General Dynamics CORP | — | — | 不變 |
| 43 | WFC | Wells Fargo & Co | — | — | 不變 |
| 44 | ✓ | Gologiq Inc Frestricted Shares | — | — | 不變 |
| 45 | HD | Home Depot Inc | 0% | -1.63% | 減碼 |
| 46 | DOV | Dover CORP | 0% | — | 不變 |
| 47 | TJX | Tjx Companies Inc | 0% | — | 不變 |
| 48 | ORCL | Oracle CORP | 0% | +9.29% | 加碼 |
| 49 | DUK | Duke Energy CORP | 0% | — | 不變 |
| 50 | EPD | Enterprise Products Partners | 0% | -0.89% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，M. Kraus & Co 在 Q2 2026 季度的美股持倉總市值約為 US$3.7億，共申報了 86 個公開持股部位。
在 Q2 2026 季度，M. Kraus & Co 按市值排列的前三大核心持股分別為：GOOG (9.3%)、MSFT (7.4%)、Berkshire Hathaway - B (5.6%)。其中最大持股部位 GOOG 佔據整體投資組合約 9.3% 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
TXN
市值: US$25.5萬
本季最大獲利了結 / 清倉標的
BDX
前期市值: US$195.4萬
在 Q2 2026 季度中，M. Kraus & Co 共進行了 66 項持倉異動，包含新建倉 8 個部位、加碼 22 個部位、減碼 33 個部位以及清倉 3 個部位。 其中最大新建倉標的為 TXN。 本季清倉部位包含 BDX。
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。