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: 0001318757
申報總市值
US$1267.0億
US$1267.0億
2500 檔
18.2%
在 Q2 2025 的 13F 官方備案中，Marshall Wace, LLP 管理的美股投資組合規模來到 US$1267.0億，整體持股檔數為 2500 檔。
在 Q2 2025 期間，Marshall Wace, LLP 展現了靈活的資產再平衡步調，透過出清 12 檔弱勢或達到目標價部位，將資金轉置於 15 檔新建倉標的之中。
從部位權重觀察，前 5 大標的（包含 IVV, MSFT, AMZN）累計市值佔比達 18.2%，是驅動 Marshall Wace, LLP 該季度整體投資組合績效表現的核心支柱。
僅顯示前 200 大持股（共 2500 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 | 14.98% | +6.55% | -9.58% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 3.03% | -0.27% | -2.73% | |
| 3 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.92% | -0.04% | +23.42% | |
| 4 | NVDA | Nvidia CORP | 股票-科技 | 2.51% | -0.97% | +123.33% | |
| 5 | AAPL | Apple Inc | 股票-科技 | 2.49% | -0.01% | -7.83% | |
| 6 | CRCL | Circle Internet Group Inc | 股票-金融 | 1.74% | -0.41% | — | |
| 7 | AMD | Advanced Micro Devices | 股票-科技 | 1.22% | +0.98% | -21.11% | |
| 8 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 1.07% | -0.29% | +6.64% | |
| 9 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.97% | -0.14% | -35.33% | |
| 10 | BSX | Boston Scientific CORP | 股票-醫療保健 | 0.91% | -0.15% | -5.67% | |
| 11 | TSLA | Tesla Inc | 股票-循環性消費 | 0.90% | -0.02% | -53.67% | |
| 12 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.87% | -0.38% | +65.69% | |
| 13 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.87% | -0.29% | +124.54% | |
| 14 | SMH | Vaneck Semiconductor ETF | ETF-其他 | 0.73% | +0.29% | +62.25% | |
| 15 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 0.67% | -0.20% | +76.94% | |
| 16 | NFLX | Netflix Inc | 股票-通訊服務 | 0.65% | -0.23% | -10.84% | |
| 17 | RBLX | Roblox CORP -class A | 股票-通訊服務 | 0.63% | -0.05% | -20.73% | |
| 18 | CRH | CRH plc | 股票-原物料 | 0.62% | -0.01% | +45.33% | |
| 19 | EW | Edwards Lifesciences CORP | 股票-醫療保健 | 0.61% | -0.14% | +127.53% | |
| 20 | MELI | Mercadolibre Inc | 股票-循環性消費 | 0.61% | -0.49% | +5.85% | |
| 21 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 0.60% | +0.23% | +81.78% | |
| 22 | COF | Capital One Financial CORP | 股票-金融 | 0.58% | -0.13% | -2.41% | |
| 23 | CRM | Salesforce Inc | 股票-科技 | 0.57% | +0.08% | -8.93% | |
| 24 | RACE | Ferrari N.V. | 股票-循環性消費 | 0.54% | +0.02% | -13.40% | |
| 25 | USB | US Bancorp | 股票-金融 | 0.50% | -0.06% | EXIT | |
| 26 | GLD | Spdr Gold Shares | ETF-避險與商品 | 0.48% | -0.47% | -32.08% | |
| 27 | DE | Deere & Co | 股票-工業 | 0.48% | -0.02% | +573.91% | |
| 28 | TMUS | T-mobile US Inc | 股票-通訊服務 | 0.48% | -0.22% | +1198.17% | |
| 29 | LMT | Lockheed Martin CORP | 股票-工業 | 0.48% | — | -2.64% | |
| 30 | WMT | Walmart Inc | 股票-非循環性消費 | 0.46% | -0.01% | +2583.75% | |
| 31 | DASH | Doordash Inc - A | 股票-循環性消費 | 0.45% | -0.02% | -47.15% | |
| 32 | AVGO | Broadcom Inc | 股票-科技 | 0.45% | -0.31% | -39.47% | |
| 33 | SFM | Sprouts Farmers Market Inc | 股票-非循環性消費 | 0.43% | -0.03% | +12.26% | |
| 34 | FISV | Fiserv Inc | 股票-其他 | 0.40% | +0.02% | — | |
| 35 | TOST | Toast Inc-class A | 股票-科技 | 0.39% | -0.05% | +108.26% | |
| 36 | DXCM | Dexcom Inc | 股票-醫療保健 | 0.38% | +0.03% | +260.72% | |
| 37 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.37% | +0.61% | -38.61% | |
| 38 | CAH | Cardinal Health Inc | 股票-醫療保健 | 0.37% | -0.07% | +19.08% | |
| 39 | BA | Boeing Co/the | 股票-工業 | 0.36% | -0.15% | -44.96% | |
| 40 | UBER | Uber Technologies Inc | 股票-工業 | 0.35% | +0.11% | +40.07% | |
| 41 | ULTA | Ulta Beauty Inc | 股票-循環性消費 | 0.34% | -0.02% | +9.37% | |
| 42 | IBKR | Interactive Brokers Gro-cl A | 股票-金融 | 0.34% | -0.03% | +353.20% | |
| 43 | CAT | Caterpillar Inc | 股票-工業 | 0.33% | +0.07% | +425.16% | |
| 44 | MS | Morgan Stanley | 股票-金融 | 0.33% | +0.08% | +600.79% | |
| 45 | OTIS | Otis Worldwide CORP | 股票-工業 | 0.32% | -0.05% | EXIT | |
| 46 | SO | Southern Co/the | 股票-公用事業 | 0.31% | -0.22% | -18.10% | |
| 47 | TTWO | Take-two Interactive Softwre | 股票-通訊服務 | 0.31% | +0.03% | +42.34% | |
| 48 | INTC | Intel CORP | 股票-科技 | 0.31% | -0.03% | +15.25% | |
| 49 | HLT | Hilton Worldwide Holdings In | 股票-循環性消費 | 0.30% | -0.16% | -13.00% | |
| 50 | PINS | Pinterest Inc- Class A | 股票-通訊服務 | 0.30% | +0.01% | -9.42% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | CRCL | Circle Internet Group Inc | +1.7% | NEW | 新建倉 |
| 2 | NVDA | Nvidia CORP | +1.6% | +123.33% | 加碼 |
| 3 | AMZN | Amazon.com Inc | +0.6% | +23.42% | 加碼 |
| 4 | WMT | Walmart Inc | +0.4% | +2583.75% | 加碼 |
| 5 | TMUS | T-mobile US Inc | +0.4% | +1198.17% | 加碼 |
| 6 | LLY | Eli Lilly & Co | +0.4% | +124.54% | 加碼 |
| 7 | PLTR | Palantir Technologies Inc-a | +0.4% | +76.94% | 加碼 |
| 8 | DE | Deere & Co | +0.4% | +573.91% | 加碼 |
| 9 | FISV | Fiserv Inc | +0.4% | NEW | 新建倉 |
| 10 | MSFT | Microsoft CORP | +0.4% | -2.73% | 減碼 |
| 11 | GOOG | Alphabet Inc-cl C | +0.4% | +65.69% | 加碼 |
| 12 | SMH | Vaneck Semiconductor ETF | +0.4% | +62.25% | 加碼 |
| 13 | EW | Edwards Lifesciences CORP | +0.3% | +127.53% | 加碼 |
| 14 | OTIS | Otis Worldwide CORP | +0.3% | +5291.54% | 加碼 |
| 15 | MRK | Merck & Co. Inc. | +0.3% | +43445.42% | 加碼 |
| 16 | DXCM | Dexcom Inc | +0.3% | +260.72% | 加碼 |
| 17 | MS | Morgan Stanley | +0.3% | +600.79% | 加碼 |
| 18 | CI | THE Cigna Group | +0.3% | NEW | 新建倉 |
| 19 | CAT | Caterpillar Inc | +0.3% | +425.16% | 加碼 |
| 20 | T | At&t Inc | +0.3% | NEW | 新建倉 |
| 21 | MSI | Motorola Solutions Inc | +0.3% | NEW | 新建倉 |
| 22 | TOST | Toast Inc-class A | +0.2% | +108.26% | 加碼 |
| 23 | ADI | Analog Devices Inc | +0.2% | +328.22% | 加碼 |
| 24 | ABBV | Abbvie Inc | +0.2% | +470.48% | 加碼 |
| 25 | SRE | Sempra | +0.2% | +786.08% | 加碼 |
| 26 | F | Ford Motor Co | +0.2% | +712.74% | 加碼 |
| 27 | ORCL | Oracle CORP | +0.2% | +766.69% | 加碼 |
| 28 | TMO | Thermo Fisher Scientific Inc | +0.2% | NEW | 新建倉 |
| 29 | PNC | Pnc Financial Services Group | +0.2% | +491.72% | 加碼 |
| 30 | SMCI | Super Micro Computer Inc | +0.2% | +596.37% | 加碼 |
| 31 | CRH | CRH plc | +0.2% | +45.33% | 加碼 |
| 32 | NKE | Nike Inc -cl B | +0.2% | +2001.40% | 加碼 |
| 33 | DRI | Darden Restaurants Inc | +0.2% | +820.45% | 加碼 |
| 34 | APH | Amphenol Corp-cl A | +0.2% | NEW | 新建倉 |
| 35 | KO | Coca-cola Co/the | +0.1% | +1044.84% | 加碼 |
| 36 | GME | Gamestop Corp-class A | +0.1% | +347.74% | 加碼 |
| 37 | NU | Nu Holdings Ltd. | +0.1% | +106.27% | 加碼 |
| 38 | HD | Home Depot Inc | +0.1% | +252.27% | 加碼 |
| 39 | CTVA | Corteva Inc | +0.1% | +1365.93% | 加碼 |
| 40 | MNST | Monster Beverage CORP | +0.1% | +1126.94% | 加碼 |
| 41 | RBLX | Roblox CORP -class A | +0.1% | -20.73% | 減碼 |
| 42 | MELI | Mercadolibre Inc | +0.1% | +5.85% | 加碼 |
| 43 | UBER | Uber Technologies Inc | +0.1% | +40.07% | 加碼 |
| 44 | GILD | Gilead Sciences Inc | +0.1% | +152.09% | 加碼 |
| 45 | CPNG | Coupang Inc | +0.1% | +115.90% | 加碼 |
| 46 | CNK | Cinemark Holdings Inc | +0.1% | +758.89% | 加碼 |
| 47 | XLE | Ss Energy Select Sector | +0.1% | +986.03% | 加碼 |
| 48 | ELF | Elf Beauty Inc | +0.1% | NEW | 新建倉 |
| 49 | XLI | Ss Industrial Select Sector | +0.1% | NEW | 新建倉 |
| 50 | CMG | Chipotle Mexican Grill Inc | +0.1% | +2633.52% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Marshall Wace, LLP 在 Q2 2025 季度的美股持倉總市值約為 US$1267.0億，共申報了 2500 個公開持股部位。
在 Q2 2025 季度，Marshall Wace, LLP 按市值排列的前三大核心持股分別為：IVV (15.0%)、MSFT (3.0%)、AMZN (2.9%)。其中最大持股部位 IVV 佔據整體投資組合約 15.0% 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
CRCL
市值: US$15.5億
本季最大獲利了結 / 清倉標的
CBOE
前期市值: US$1.9億
在 Q2 2025 季度中，Marshall Wace, LLP 共進行了 200 項持倉異動，包含新建倉 15 個部位、加碼 94 個部位、減碼 79 個部位以及清倉 12 個部位。 其中最大新建倉標的為 CRCL。 本季清倉部位包含 CBOE。
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。