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: 0001418333
申報總市值
US$231.5億
US$231.5億
830 檔
28.0%
截至 Q4 2025 季度末，Macquarie Group LTD 的美股持倉估值約為 US$231.5億，全數申報部位共有 830 檔。
在 Q4 2025，Macquarie Group LTD 展現出較為審慎的避險與獲利了結姿態。本季共減碼 131 個部位並完全清倉 66 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 IVV, VOO, NVDA）占據了總市值的 28.0%，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 830 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 | IVV | Ishares Core S&p 500 ETF | ETF-大型股與成長 | 7.84% | +1.63% | +55.06% | |
| 2 | VOO | Vanguard S&p 500 ETF | ETF-大型股與成長 | 6.50% | +0.35% | +693.10% | |
| 3 | NVDA | Nvidia CORP | 股票-科技 | 5.69% | +0.53% | -69.14% | |
| 4 | AAPL | Apple Inc | 股票-科技 | 4.50% | -0.25% | -58.73% | |
| 5 | MSFT | Microsoft CORP | 股票-科技 | 3.80% | +0.25% | -76.09% | |
| 6 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 2.60% | +0.58% | -71.98% | |
| 7 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.43% | +0.37% | -70.80% | |
| 8 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 2.11% | +0.17% | -17.15% | |
| 9 | AVGO | Broadcom Inc | 股票-科技 | 1.94% | +0.27% | -65.31% | |
| 10 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.53% | -0.14% | -69.33% | |
| 11 | TSLA | Tesla Inc | 股票-循環性消費 | 1.34% | +0.18% | -3.43% | |
| 12 | IBIT | Ishares Bitcoin Trust ETF | ETF-加密貨幣 | 1.11% | -0.72% | +16.38% | |
| 13 | MU | Micron Technology Inc | 股票-科技 | 0.99% | +0.48% | -74.51% | |
| 14 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.98% | +0.11% | +5.52% | |
| 15 | C | Citigroup Inc | 股票-金融 | 0.85% | -0.16% | +3.49% | |
| 16 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.81% | — | -48.07% | |
| 17 | CSCO | Cisco Systems Inc | 股票-科技 | 0.80% | +0.16% | -41.96% | |
| 18 | XOM | Exxon Mobil CORP | 股票-能源 | 0.79% | -0.29% | -50.71% | |
| 19 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.77% | +0.39% | -38.05% | |
| 20 | WFC | Wells Fargo & Co | 股票-金融 | 0.72% | -0.16% | -48.91% | |
| 21 | BAC | Bank Of America CORP | 股票-金融 | 0.69% | +0.17% | -39.60% | |
| 22 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.66% | -0.06% | -60.58% | |
| 23 | LRCX | Lam Research CORP | 股票-科技 | 0.64% | +0.50% | +65.39% | |
| 24 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 0.63% | -0.12% | +19.13% | |
| 25 | GILD | Gilead Sciences Inc | 股票-醫療保健 | 0.60% | -0.25% | -30.18% | |
| 26 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 0.59% | -2.47% | -85.78% | |
| 27 | WELL | Welltower Inc | 股票-房地產 | 0.58% | -0.11% | -57.35% | |
| 28 | PM | Philip Morris International | 股票-非循環性消費 | 0.58% | -0.05% | +25.50% | |
| 29 | CTSH | Cognizant Tech Solutions-a | 股票-科技 | 0.56% | -0.39% | -29.93% | |
| 30 | MA | Mastercard Inc - A | 股票-金融 | 0.55% | -0.05% | -80.07% | |
| 31 | T | At&t Inc | 股票-通訊服務 | 0.55% | -0.50% | -51.98% | |
| 32 | CRM | Salesforce Inc | 股票-科技 | 0.52% | -0.11% | -73.57% | |
| 33 | MCK | Mckesson CORP | 股票-醫療保健 | 0.51% | -0.25% | -19.33% | |
| 34 | PLD | Prologis Inc | 股票-房地產 | 0.50% | -0.14% | -67.48% | |
| 35 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 0.50% | -0.21% | -66.10% | |
| 36 | NFLX | Netflix Inc | 股票-通訊服務 | 0.50% | -0.08% | +226.61% | |
| 37 | NEE | Nextera Energy Inc | 股票-公用事業 | 0.49% | -0.08% | -67.50% | |
| 38 | V | Visa Inc-class A Shares | 股票-金融 | 0.48% | -0.10% | -84.74% | |
| 39 | APH | Amphenol Corp-cl A | 股票-科技 | 0.48% | +0.36% | -41.98% | |
| 40 | BMY | Bristol-myers Squibb Co | 股票-醫療保健 | 0.48% | -0.20% | +2.02% | |
| 41 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.47% | -0.10% | -6.84% | |
| 42 | TJX | Tjx Companies Inc | 股票-循環性消費 | 0.47% | -0.08% | -8.98% | |
| 43 | CVS | Cvs Health CORP | 股票-醫療保健 | 0.47% | +0.02% | -10.12% | |
| 44 | PEP | Pepsico Inc | 股票-非循環性消費 | 0.46% | -0.08% | -25.28% | |
| 45 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.43% | -0.15% | -65.76% | |
| 46 | CMCSA | Comcast Corp-class A | 股票-通訊服務 | 0.41% | -0.28% | +6.22% | |
| 47 | NEM | Newmont CORP | 股票-原物料 | 0.40% | -0.05% | -10.53% | |
| 48 | HON | Honeywell International Inc | 股票-工業 | 0.39% | -0.74% | EXIT | |
| 49 | VZ | Verizon Communications Inc | 股票-通訊服務 | 0.39% | -0.20% | -6.20% | |
| 50 | BLK | Blackrock Inc | 股票-金融 | 0.38% | -0.05% | +0.30% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | IVV | Ishares Core S&p 500 ETF | +6.5% | +55.06% | 加碼 |
| 2 | VOO | Vanguard S&p 500 ETF | +6.3% | +693.10% | 加碼 |
| 3 | AAPL | Apple Inc | +1.8% | -58.73% | 減碼 |
| 4 | NVDA | Nvidia CORP | +0.8% | -69.14% | 減碼 |
| 5 | GOOGL | Alphabet Inc-cl A | +0.7% | -71.98% | 減碼 |
| 6 | AVGO | Broadcom Inc | +0.5% | -65.31% | 減碼 |
| 7 | MRK | Merck & Co. Inc. | +0.5% | -48.07% | 減碼 |
| 8 | CSCO | Cisco Systems Inc | +0.5% | -41.96% | 減碼 |
| 9 | XOM | Exxon Mobil CORP | +0.4% | -50.71% | 減碼 |
| 10 | MU | Micron Technology Inc | +0.4% | -74.51% | 減碼 |
| 11 | WFC | Wells Fargo & Co | +0.4% | -48.91% | 減碼 |
| 12 | AMZN | Amazon.com Inc | +0.3% | -70.80% | 減碼 |
| 13 | WELL | Welltower Inc | +0.2% | -57.35% | 減碼 |
| 14 | JPM | Jpmorgan Chase & Co | +0.2% | -60.58% | 減碼 |
| 15 | T | At&t Inc | +0.2% | -51.98% | 減碼 |
| 16 | PLD | Prologis Inc | +0.1% | -67.48% | 減碼 |
| 17 | JNJ | Johnson & Johnson | +0.1% | -65.76% | 減碼 |
| 18 | NEE | Nextera Energy Inc | +0.1% | -67.50% | 減碼 |
| 19 | BKNG | Booking Holdings Inc | +0.1% | -66.10% | 減碼 |
| 20 | COF | Capital One Financial CORP | +0.1% | -65.49% | 減碼 |
| 21 | AEP | American Electric Power | +0.1% | -61.40% | 減碼 |
| 22 | SPG | Simon Property Group Inc | +0.1% | -61.43% | 減碼 |
| 23 | DUK | Duke Energy CORP | +0.1% | -63.89% | 減碼 |
| 24 | META | Meta Platforms Inc-class A | +0.1% | -69.33% | 減碼 |
| 25 | CRM | Salesforce Inc | +0.1% | -73.57% | 減碼 |
| 26 | COST | Costco Wholesale CORP | +0.1% | -66.17% | 減碼 |
| 27 | CME | Cme Group Inc | +0.1% | -68.08% | 減碼 |
| 28 | PSA | Public Storage | 0% | -67.07% | 減碼 |
| 29 | MS | Morgan Stanley | — | -76.30% | 減碼 |
| 30 | EQIX | Equinix Inc | 0% | -73.45% | 減碼 |
| 31 | D | Dominion Energy Inc | 0% | -75.08% | 減碼 |
| 32 | NFLX | Netflix Inc | 0% | +226.61% | 加碼 |
| 33 | AXP | American Express Co | 0% | -79.57% | 減碼 |
| 34 | VICI | Vici Properties Inc | 0% | -74.03% | 減碼 |
| 35 | OKE | Oneok Inc | 0% | -77.58% | 減碼 |
| 36 | HD | Home Depot Inc | 0% | -72.95% | 減碼 |
| 37 | VTR | Ventas Inc | 0% | -80.72% | 減碼 |
| 38 | CCI | Crown Castle Inc | 0% | -79.38% | 減碼 |
| 39 | SRE | Sempra | -0.1% | -78.82% | 減碼 |
| 40 | TMO | Thermo Fisher Scientific Inc | -0.1% | -82.86% | 減碼 |
| 41 | PCG | P G & E CORP | -0.1% | -82.90% | 減碼 |
| 42 | TPR | Tapestry Inc | -0.1% | -86.91% | 減碼 |
| 43 | UNH | Unitedhealth Group Inc | -0.1% | -78.34% | 減碼 |
| 44 | CSX | Csx CORP | -0.1% | -80.52% | 減碼 |
| 45 | MPWR | Monolithic Power Systems Inc | -0.1% | -83.65% | 減碼 |
| 46 | EXC | Exelon CORP | -0.1% | -81.04% | 減碼 |
| 47 | EQR | Equity Residential | -0.1% | -84.01% | 減碼 |
| 48 | ADI | Analog Devices Inc | -0.1% | -85.86% | 減碼 |
| 49 | LNG | Cheniere Energy Inc | -0.1% | -81.86% | 減碼 |
| 50 | LOW | Lowe's Cos Inc | -0.1% | -84.38% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Macquarie Group LTD 在 Q4 2025 季度的美股持倉總市值約為 US$231.5億，共申報了 830 個公開持股部位。
在 Q4 2025 季度，Macquarie Group LTD 按市值排列的前三大核心持股分別為：IVV (7.8%)、VOO (6.5%)、NVDA (5.7%)。其中最大持股部位 IVV 佔據整體投資組合約 7.8% 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。
本季最大獲利了結 / 清倉標的
TSM
前期市值: US$8.8億
在 Q4 2025 季度中，Macquarie Group LTD 共進行了 200 項持倉異動，包含新建倉 0 個部位、加碼 3 個部位、減碼 131 個部位以及清倉 66 個部位。 本季清倉部位包含 TSM。
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。