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: 0000928047
申報總市值
US$1281.5億
US$1281.5億
2904 檔
15.0%
Q3 2025 季度申報顯示，Manufacturers Life Insurance Company, THE 揭露的美股組合總市值為 US$1281.5億，涵蓋 2904 個不同之權益投資部位。
Manufacturers Life Insurance Company, THE 在 Q3 2025 進行了結構性的板塊輪動與部位換股。在開立 12 個全新部位及加碼 98 檔持股的同時，亦同步清倉 9 檔並減碼 81 檔標的。
整體而言，Manufacturers Life Insurance Company, THE 的前 5 大持股（包含 MSFT, NVDA, AMZN）貢獻了組合市值的 15.0%，形成該機構在 Q3 2025 季度的基本面基石。
僅顯示前 200 大持股（共 2904 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 | MSFT | Microsoft CORP | 股票-科技 | 4.15% | -0.43% | +6.90% | |
| 2 | NVDA | Nvidia CORP | 股票-科技 | 3.19% | +0.08% | -5.01% | |
| 3 | AMZN | Amazon.com Inc | 股票-循環性消費 | 3.01% | -0.06% | +2.45% | |
| 4 | AAPL | Apple Inc | 股票-科技 | 2.85% | -0.16% | -11.58% | |
| 5 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 2.62% | +0.01% | -13.13% | |
| 6 | RY | Royal Bank Of Canada | 股票-金融 | 1.41% | +0.11% | +46.93% | |
| 7 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.39% | -0.21% | +29.57% | |
| 8 | AVGO | Broadcom Inc | 股票-科技 | 1.21% | +0.49% | -5.90% | |
| 9 | TD | Toronto-dominion Bank | 股票-金融 | 1.01% | +0.24% | +11.36% | |
| 10 | SHOP | Shopify Inc - Class A | 股票-科技 | 0.99% | -0.14% | +47.73% | |
| 11 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.99% | +0.11% | +1.73% | |
| 12 | ENB | Enbridge Inc | 股票-能源 | 0.91% | -0.03% | +37.32% | |
| 13 | LNG | Cheniere Energy Inc | 股票-能源 | 0.89% | -0.41% | -10.60% | |
| 14 | TSLA | Tesla Inc | 股票-循環性消費 | 0.88% | -0.01% | +3.97% | |
| 15 | BND | Vanguard Total Bond Market | ETF-其他 | 0.83% | -0.02% | +3.51% | |
| 16 | CNQ | Canadian Natural Resources | 股票-能源 | 0.80% | -0.30% | +10.85% | |
| 17 | SU | Suncor Energy Inc | 股票-能源 | 0.78% | -0.20% | +8.08% | |
| 18 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 0.74% | +0.07% | +30.73% | |
| 19 | TMO | Thermo Fisher Scientific Inc | 股票-醫療保健 | 0.71% | -0.08% | -22.27% | |
| 20 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.71% | -0.07% | -7.49% | |
| 21 | VOO | Vanguard S&p 500 ETF | ETF-大型股與成長 | 0.70% | +0.02% | +10.70% | |
| 22 | LEN | Lennar Corp-a | 股票-循環性消費 | 0.68% | +0.02% | -1.34% | |
| 23 | KKR | Kkr & Co Inc | 股票-金融 | 0.68% | — | -6.67% | |
| 24 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 0.67% | +0.02% | +19525.37% | |
| 25 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.67% | -0.01% | -0.67% | |
| 26 | URI | United Rentals Inc | 股票-工業 | 0.67% | +0.14% | +5.59% | |
| 27 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.66% | +0.12% | -0.80% | |
| 28 | CP | Canadian Pacific Kansas City | 股票-工業 | 0.65% | -0.04% | +28.28% | |
| 29 | ORCL | Oracle CORP | 股票-科技 | 0.64% | -0.08% | -26.65% | |
| 30 | MCK | Mckesson CORP | 股票-醫療保健 | 0.64% | -0.09% | +19.17% | |
| 31 | ELV | Elevance Health Inc | 股票-醫療保健 | 0.59% | -0.06% | +6.61% | |
| 32 | HO1 | Hologic Inc | 股票-其他 | 0.58% | -0.01% | EXIT | |
| 33 | VEA | Vanguard Ftse Developed ETF | ETF-其他 | 0.57% | +0.02% | +13.11% | |
| 34 | AEM | Agnico Eagle Mines LTD | 股票-原物料 | 0.57% | -0.24% | +27.32% | |
| 35 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.56% | +0.01% | +1.33% | |
| 36 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.56% | -0.01% | +17.44% | |
| 37 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 0.56% | +0.18% | +69.65% | |
| 38 | WDAY | Workday Inc-class A | 股票-科技 | 0.53% | -0.07% | -24.72% | |
| 39 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.52% | +0.02% | -7.87% | |
| 40 | CRM | Salesforce Inc | 股票-科技 | 0.51% | -0.17% | -10.90% | |
| 41 | TXN | Texas Instruments Inc | 股票-科技 | 0.51% | -0.03% | +3.97% | |
| 42 | V | Visa Inc-class A Shares | 股票-金融 | 0.49% | +0.14% | -14.85% | |
| 43 | MS | Morgan Stanley | 股票-金融 | 0.49% | +0.01% | -19.49% | |
| 44 | ADBE | Adobe Inc | 股票-科技 | 0.49% | -0.22% | -2.27% | |
| 45 | ADI | Analog Devices Inc | 股票-科技 | 0.49% | +0.01% | -25.47% | |
| 46 | BN | Brookfield CORP | 股票-金融 | 0.48% | -0.07% | +111.84% | |
| 47 | CM | Can Imperial Bk Of Commerce | 股票-金融 | 0.47% | +0.05% | -2.42% | |
| 48 | KLAC | Kla CORP | 股票-科技 | 0.46% | +0.09% | -1.11% | |
| 49 | DHR | Danaher CORP | 股票-醫療保健 | 0.44% | -0.04% | +13.85% | |
| 50 | FWONK | Liberty Media Corp-formula-c | 股票-通訊服務 | 0.44% | +0.05% | -9.24% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | +0.8% | -5.01% | 減碼 |
| 2 | MSFT | Microsoft CORP | +0.7% | +6.90% | 減碼 |
| 3 | SPY | Ss Spdr S&p 500 ETF Trust-us | +0.7% | +19525.37% | 加碼 |
| 4 | RY | Royal Bank Of Canada | +0.5% | +46.93% | 加碼 |
| 5 | AVGO | Broadcom Inc | +0.5% | -5.90% | 減碼 |
| 6 | SHOP | Shopify Inc - Class A | +0.4% | +47.73% | 加碼 |
| 7 | HO1 | Hologic Inc | +0.4% | -5.19% | 加碼 |
| 8 | META | Meta Platforms Inc-class A | +0.4% | +29.57% | 加碼 |
| 9 | TSM | Taiwan Semiconductor-sp Adr | +0.3% | +69.65% | 加碼 |
| 10 | CM | Can Imperial Bk Of Commerce | +0.3% | -2.42% | 加碼 |
| 11 | GOOGL | Alphabet Inc-cl A | +0.3% | -13.13% | 減碼 |
| 12 | TSLA | Tesla Inc | +0.3% | +3.97% | 加碼 |
| 13 | IVW | Ishares S&p 500 Growth ETF | +0.3% | +70.19% | 加碼 |
| 14 | ENB | Enbridge Inc | +0.2% | +37.32% | 加碼 |
| 15 | MCK | Mckesson CORP | +0.2% | +19.17% | 加碼 |
| 16 | TD | Toronto-dominion Bank | +0.2% | +11.36% | 加碼 |
| 17 | IVV | Ishares Core S&p 500 ETF | +0.2% | +11.51% | 加碼 |
| 18 | AEM | Agnico Eagle Mines LTD | +0.2% | +27.32% | 加碼 |
| 19 | BDX | Becton Dickinson And Co | +0.2% | +706.59% | 加碼 |
| 20 | OTEX | Open Text CORP | +0.2% | +124.83% | 加碼 |
| 21 | OSG | Octave Specialty Group Inc | +0.2% | +6604.55% | 加碼 |
| 22 | CP | Canadian Pacific Kansas City | +0.2% | +28.28% | 加碼 |
| 23 | URI | United Rentals Inc | +0.2% | +5.59% | 減碼 |
| 24 | VEA | Vanguard Ftse Developed ETF | +0.2% | +13.11% | 加碼 |
| 25 | BN | Brookfield CORP | +0.2% | +111.84% | 加碼 |
| 26 | PBA | Pembina Pipeline CORP | +0.2% | +88.30% | 加碼 |
| 27 | KGC | Kinross Gold CORP | +0.2% | +102.94% | 加碼 |
| 28 | GEHC | GE Healthcare Technology | +0.2% | +292.50% | 加碼 |
| 29 | BNS | Bank Of Nova Scotia | +0.1% | +68.27% | 加碼 |
| 30 | TRP | Tc Energy CORP | +0.1% | +178.79% | 加碼 |
| 31 | GOOG | Alphabet Inc-cl C | +0.1% | -0.80% | 減碼 |
| 32 | KLAC | Kla CORP | +0.1% | -1.11% | 減碼 |
| 33 | WPM | Wheaton Precious Metals CORP | +0.1% | +23.33% | 加碼 |
| 34 | VCSH | Vanguard S/t CORP Bond ETF | +0.1% | +12.80% | 加碼 |
| 35 | CLS | Celestica Inc | +0.1% | +9.35% | 加碼 |
| 36 | PLTR | Palantir Technologies Inc-a | +0.1% | +18.38% | 加碼 |
| 37 | ACGL | Arch Capital Group Ltd. | +0.1% | +814.53% | 加碼 |
| 38 | DEO | Diageo Plc-sponsored Adr | +0.1% | -2.15% | 加碼 |
| 39 | VOO | Vanguard S&p 500 ETF | +0.1% | +10.70% | 加碼 |
| 40 | RACE | Ferrari N.V. | +0.1% | +330.59% | 加碼 |
| 41 | GEV | GE Vernova Inc | +0.1% | +76.46% | 加碼 |
| 42 | CCJ | Cameco CORP | +0.1% | +54.06% | 加碼 |
| 43 | BTSG | Brightspring Health Services | +0.1% | +98.07% | 加碼 |
| 44 | AMD | Advanced Micro Devices | +0.1% | +45.65% | 加碼 |
| 45 | GSK | Gsk Plc-spon Adr | +0.1% | -2.94% | 加碼 |
| 46 | GIL | Gildan Activewear Inc | +0.1% | +23.53% | 加碼 |
| 47 | CVE | Cenovus Energy Inc | +0.1% | +165.69% | 加碼 |
| 48 | SE | Sea Ltd-adr | +0.1% | +149.90% | 加碼 |
| 49 | APP | Applovin Corp-class A | +0.1% | +813.95% | 加碼 |
| 50 | ORCL | Oracle CORP | +0.1% | -26.65% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Manufacturers Life Insurance Company, THE 在 Q3 2025 季度的美股持倉總市值約為 US$1281.5億，共申報了 2904 個公開持股部位。
在 Q3 2025 季度，Manufacturers Life Insurance Company, THE 按市值排列的前三大核心持股分別為：MSFT (4.2%)、NVDA (3.2%)、AMZN (3.0%)。其中最大持股部位 MSFT 佔據整體投資組合約 4.2% 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
B
市值: US$2.8億
本季最大獲利了結 / 清倉標的
IYF
前期市值: US$1.7億
在 Q3 2025 季度中，Manufacturers Life Insurance Company, THE 共進行了 200 項持倉異動，包含新建倉 12 個部位、加碼 98 個部位、減碼 81 個部位以及清倉 9 個部位。 其中最大新建倉標的為 B。 本季清倉部位包含 IYF。
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。