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: 0001842370
申報總市值
US$6.1億
US$6.1億
104 檔
24.8%
Q3 2025 季度申報顯示，M. Kulyk & Associates, LLC 揭露的美股組合總市值為 US$6.1億，涵蓋 104 個不同之權益投資部位。
M. Kulyk & Associates, LLC 在 Q3 2025 進行了結構性的板塊輪動與部位換股。在開立 3 個全新部位及加碼 24 檔持股的同時，亦同步清倉 6 檔並減碼 16 檔標的。
檢視投資組合結構，前 5 大主力部位（包含 STIP, SGOV, NVDA）占據了總市值的 24.8%，展現出該機構在 Q3 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 | STIP | Ishares 0-5 Year Tips Bond E | ETF-其他 | 10.87% | -1.18% | +0.58% | |
| 2 | SGOV | Ishares 0-3 Month Treasury B | ETF-政府公債 | 6.50% | -0.40% | +37.45% | |
| 3 | NVDA | Nvidia CORP | 股票-科技 | 4.66% | +0.39% | +1.39% | |
| 4 | MSFT | Microsoft CORP | 股票-科技 | 4.55% | -0.08% | -0.48% | |
| 5 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 4.30% | -0.09% | -1.13% | |
| 6 | SHV | Ishares 0-1 Year Treasury Bo | ETF-政府公債 | 3.62% | +0.08% | -7.06% | |
| 7 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 3.16% | -0.09% | -1.81% | |
| 8 | AAPL | Apple Inc | 股票-科技 | 3.01% | +1.19% | -1.40% | |
| 9 | AXP | American Express Co | 股票-金融 | 2.63% | -0.04% | -0.01% | |
| 10 | V | Visa Inc-class A Shares | 股票-金融 | 2.52% | +0.24% | +28.88% | |
| 11 | CSCO | Cisco Systems Inc | 股票-科技 | 2.49% | +0.27% | -1.54% | |
| 12 | LEVI | Levi Strauss & Co- Class A | 股票-其他 | 2.49% | +0.32% | +4921.28% | |
| 13 | HD | Home Depot Inc | 股票-循環性消費 | 2.17% | +0.06% | -6.86% | |
| 14 | BRK-A | Berkshire Hathaway Inc-cl A | 股票-其他 | 2.15% | -0.17% | — | |
| 15 | UL | Unilever PLC | 股票-非循環性消費 | 2.12% | — | +8.72% | |
| 16 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 1.80% | -0.09% | +15.26% | |
| 17 | CCJ | Cameco CORP | 股票-能源 | 1.78% | -1.16% | — | |
| 18 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 1.65% | -0.21% | +6.98% | |
| 19 | REGN | Regeneron Pharmaceuticals | 股票-醫療保健 | 1.64% | -0.84% | +258.88% | |
| 20 | GILD | Gilead Sciences Inc | 股票-醫療保健 | 1.63% | -0.38% | -2.61% | |
| 21 | ECL | Ecolab Inc | 股票-原物料 | 1.61% | +0.19% | -2.89% | |
| 22 | BDX | Becton Dickinson And Co | 股票-醫療保健 | 1.59% | -0.67% | +8.08% | |
| 23 | BLK | Blackrock Inc | 股票-金融 | 1.56% | -0.08% | -7.59% | |
| 24 | NKE | Nike Inc -cl B | 股票-循環性消費 | 1.52% | -0.15% | EXIT | |
| 25 | NEE | Nextera Energy Inc | 股票-公用事業 | 1.48% | -0.31% | +119.60% | |
| 26 | NVO | Novo-nordisk A/s-spons Adr | 股票-醫療保健 | 1.47% | -0.31% | +68.14% | |
| 27 | JNJ | Johnson & Johnson | 股票-醫療保健 | 1.43% | -0.19% | +0.60% | |
| 28 | CSX | Csx CORP | 股票-工業 | 1.37% | -0.18% | +1.39% | |
| 29 | ACN | Accenture plc | 股票-科技 | 1.31% | -0.57% | +32.04% | |
| 30 | LH | Labcorp Holdings Inc | 股票-醫療保健 | 1.24% | -0.06% | +6.49% | |
| 31 | XYL | Xylem Inc | 股票-工業 | 1.21% | +0.10% | -3.69% | |
| 32 | INTU | Intuit Inc | 股票-科技 | 1.21% | -0.81% | EXIT | |
| 33 | NGG | National Grid Plc-sp Adr | 股票-公用事業 | 1.14% | -0.08% | +0.05% | |
| 34 | FSLR | First Solar Inc | 股票-科技 | 1.13% | -0.49% | +0.76% | |
| 35 | GLW | Corning Inc | 股票-科技 | 1.13% | +0.02% | -3.61% | |
| 36 | CRM | Salesforce Inc | 股票-科技 | 0.96% | -0.47% | +8.23% | |
| 37 | PLD | Prologis Inc | 股票-房地產 | 0.96% | -0.15% | -0.04% | |
| 38 | CEG | Constellation Energy | 股票-公用事業 | 0.95% | -0.12% | +62.90% | |
| 39 | AMT | American Tower CORP | 股票-房地產 | 0.88% | -0.09% | +4.06% | |
| 40 | WSM | Williams-sonoma Inc | 股票-循環性消費 | 0.71% | -0.50% | -2.12% | |
| 41 | STLD | Steel Dynamics Inc | 股票-原物料 | 0.62% | -0.62% | +10.40% | |
| 42 | RY | Royal Bank Of Canada | 股票-金融 | 0.62% | -0.04% | -73.41% | |
| 43 | J | Jacobs Solutions Inc | 股票-工業 | 0.61% | -0.07% | EXIT | |
| 44 | DIS | Walt Disney Co/the | 股票-通訊服務 | 0.60% | -0.06% | -0.23% | |
| 45 | ZTS | Zoetis Inc | 股票-醫療保健 | 0.55% | -0.49% | EXIT | |
| 46 | MA | Mastercard Inc - A | 股票-金融 | 0.47% | +0.30% | +3.36% | |
| 47 | KO | Coca-cola Co/the | 股票-非循環性消費 | 0.36% | -0.03% | — | |
| 48 | HEDJ | Wisdomtree Europe Hedged Equ | ETF-其他 | 0.30% | -0.03% | -0.05% | |
| 49 | IWF | Ishares Russell 1000 Growth | ETF-其他 | 0.30% | -0.01% | -0.92% | |
| 50 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.30% | -0.07% | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | +1.6% | +1.39% | 加碼 |
| 2 | GOOGL | Alphabet Inc-cl A | +1.3% | -1.13% | 加碼 |
| 3 | REGN | Regeneron Pharmaceuticals | +1.3% | +258.88% | 加碼 |
| 4 | TSM | Taiwan Semiconductor-sp Adr | +1% | -1.81% | 減碼 |
| 5 | MSFT | Microsoft CORP | +0.8% | -0.48% | 減碼 |
| 6 | NEE | Nextera Energy Inc | +0.8% | +119.60% | 加碼 |
| 7 | SGOV | Ishares 0-3 Month Treasury B | +0.7% | +37.45% | 加碼 |
| 8 | CEG | Constellation Energy | +0.5% | +62.90% | 加碼 |
| 9 | FSLR | First Solar Inc | +0.4% | +0.76% | 加碼 |
| 10 | NVO | Novo-nordisk A/s-spons Adr | +0.4% | +68.14% | 加碼 |
| 11 | GLW | Corning Inc | +0.4% | -3.61% | 減碼 |
| 12 | V | Visa Inc-class A Shares | +0.3% | +28.88% | 加碼 |
| 13 | AXP | American Express Co | +0.2% | -0.01% | 減碼 |
| 14 | LH | Labcorp Holdings Inc | +0.2% | +6.49% | 加碼 |
| 15 | NKE | Nike Inc -cl B | +0.2% | -3.40% | 加碼 |
| 16 | JNJ | Johnson & Johnson | +0.1% | +0.60% | 減碼 |
| 17 | MRK | Merck & Co. Inc. | +0.1% | +6.98% | 加碼 |
| 18 | J | Jacobs Solutions Inc | +0.1% | +4.15% | 加碼 |
| 19 | CSX | Csx CORP | +0.1% | +1.39% | 加碼 |
| 20 | XYL | Xylem Inc | +0.1% | -3.69% | 減碼 |
| 21 | AVGO | Broadcom Inc | +0.1% | +8.90% | 加碼 |
| 22 | WSM | Williams-sonoma Inc | +0.1% | -2.12% | 減碼 |
| 23 | FBTC | Fidelity Wise Origin Bitcoin | +0.1% | — | 加碼 |
| 24 | UL | Unilever PLC | +0.1% | +8.72% | 加碼 |
| 25 | STLD | Steel Dynamics Inc | +0.1% | +10.40% | 加碼 |
| 26 | BLK | Blackrock Inc | 0% | -7.59% | 減碼 |
| 27 | DIS | Walt Disney Co/the | 0% | -0.23% | 減碼 |
| 28 | AAPL | Apple Inc | 0% | -1.40% | 減碼 |
| 29 | NGG | National Grid Plc-sp Adr | 0% | +0.05% | 加碼 |
| 30 | CSCO | Cisco Systems Inc | 0% | -1.54% | 加碼 |
| 31 | PG | Procter & Gamble Co/the | 0% | +15.26% | 加碼 |
| 32 | BDX | Becton Dickinson And Co | 0% | +8.08% | 加碼 |
| 33 | ACN | Accenture plc | -0.1% | +32.04% | 加碼 |
| 34 | ECL | Ecolab Inc | -0.1% | -2.89% | 減碼 |
| 35 | HD | Home Depot Inc | -0.2% | -6.86% | 減碼 |
| 36 | BRK-A | Berkshire Hathaway Inc-cl A | -0.4% | — | 不變 |
| 37 | STIP | Ishares 0-5 Year Tips Bond E | -0.6% | +0.58% | 加碼 |
| 38 | TD | Toronto-dominion Bank | -1.2% | -88.75% | 減碼 |
| 39 | LEVI | Levi Strauss & Co- Class A | -1.4% | +4921.28% | 減碼 |
| 40 | RY | Royal Bank Of Canada | -1.5% | -73.41% | 減碼 |
| 41 | AMGN | Amgen Inc | -1.5% | -93.47% | 減碼 |
| 42 | CCJ | Cameco CORP | — | NEW | 新建倉 |
| 43 | GIS | General Mills Inc | — | EXIT | 清倉 |
| 44 | BAX | Baxter International Inc | — | EXIT | 清倉 |
| 45 | TGT | Target CORP | — | EXIT | 清倉 |
| 46 | CLX | Clorox Company | — | EXIT | 清倉 |
| 47 | EXC | Exelon CORP | — | EXIT | 清倉 |
| 48 | SCHF | Schwab Intl Equity ETF | — | NEW | 新建倉 |
| 49 | SCHP | Schwab U.s. Tips ETF | — | NEW | 新建倉 |
| 50 | KEL | Kellanova | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，M. Kulyk & Associates, LLC 在 Q3 2025 季度的美股持倉總市值約為 US$6.1億，共申報了 104 個公開持股部位。
在 Q3 2025 季度，M. Kulyk & Associates, LLC 按市值排列的前三大核心持股分別為：STIP (10.9%)、SGOV (6.5%)、NVDA (4.7%)。其中最大持股部位 STIP 佔據整體投資組合約 10.9% 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
CCJ
市值: US$877.7萬
本季最大獲利了結 / 清倉標的
GIS
前期市值: US$499.1萬
在 Q3 2025 季度中，M. Kulyk & Associates, LLC 共進行了 49 項持倉異動，包含新建倉 3 個部位、加碼 24 個部位、減碼 16 個部位以及清倉 6 個部位。 其中最大新建倉標的為 CCJ。 本季清倉部位包含 GIS。
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。