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
2484 檔
23.2%
Q3 2025 季度申報顯示，Marshall Wace, LLP 揭露的美股組合總市值為 US$1267.0億，涵蓋 2484 個不同之權益投資部位。
觀察 Q3 2025 的申報異動，Marshall Wace, LLP 採取了強勁的買進策略，建倉與加碼動作（合計 115 筆）涵蓋多個核心板塊，展現機構對特定產業前景之樂觀態度。
檢視投資組合結構，前 5 大主力部位（包含 IVV, MSFT, AAPL）占據了總市值的 23.2%，展現出該機構在 Q3 2025 的重點資金聚焦與風險分佈特徵。
僅顯示前 200 大持股（共 2484 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 | 18.68% | +6.55% | +28.48% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 3.43% | -0.27% | +20.54% | |
| 3 | AAPL | Apple Inc | 股票-科技 | 2.89% | -0.01% | +4.07% | |
| 4 | NVDA | Nvidia CORP | 股票-科技 | 2.50% | -0.97% | -6.21% | |
| 5 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.37% | -0.04% | -10.01% | |
| 6 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.14% | -0.14% | +31.27% | |
| 7 | CRCL | Circle Internet Group Inc | 股票-金融 | 1.08% | -0.41% | -5.57% | |
| 8 | BSX | Boston Scientific CORP | 股票-醫療保健 | 0.97% | -0.15% | +30.69% | |
| 9 | NFLX | Netflix Inc | 股票-通訊服務 | 0.91% | -0.23% | +72.13% | |
| 10 | TSLA | Tesla Inc | 股票-循環性消費 | 0.88% | -0.02% | -22.84% | |
| 11 | AMD | Advanced Micro Devices | 股票-科技 | 0.87% | +0.98% | -30.52% | |
| 12 | SMH | Vaneck Semiconductor ETF | ETF-其他 | 0.80% | +0.29% | +4.83% | |
| 13 | WMT | Walmart Inc | 股票-非循環性消費 | 0.80% | -0.01% | +83.44% | |
| 14 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.67% | +0.02% | +126.34% | |
| 15 | COR | Cencora Inc | 股票-醫療保健 | 0.63% | +0.08% | NEW | |
| 16 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 0.59% | -0.29% | -55.61% | |
| 17 | BA | Boeing Co/the | 股票-工業 | 0.58% | -0.15% | +76.75% | |
| 18 | AVGO | Broadcom Inc | 股票-科技 | 0.58% | -0.31% | +21.69% | |
| 19 | DASH | Doordash Inc - A | 股票-循環性消費 | 0.56% | -0.02% | +24.00% | |
| 20 | BAC | Bank Of America CORP | 股票-金融 | 0.50% | +0.45% | +712.52% | |
| 21 | RBLX | Roblox CORP -class A | 股票-通訊服務 | 0.48% | -0.05% | -35.40% | |
| 22 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.48% | -0.38% | -55.40% | |
| 23 | USB | US Bancorp | 股票-金融 | 0.47% | -0.06% | EXIT | |
| 24 | NU | Nu Holdings Ltd. | 股票-金融 | 0.47% | -0.05% | +98.35% | |
| 25 | MS | Morgan Stanley | 股票-金融 | 0.47% | +0.08% | +40.21% | |
| 26 | COF | Capital One Financial CORP | 股票-金融 | 0.47% | -0.13% | -9.90% | |
| 27 | CPNG | Coupang Inc | 股票-循環性消費 | 0.45% | +0.05% | NEW | |
| 28 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 0.43% | -0.20% | -46.31% | |
| 29 | F | Ford Motor Co | 股票-循環性消費 | 0.43% | +0.04% | +81.06% | |
| 30 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 0.42% | +0.19% | +335.14% | |
| 31 | HON | Honeywell International Inc | 股票-工業 | 0.39% | -0.05% | EXIT | |
| 32 | PANW | Palo Alto Networks Inc | 股票-科技 | 0.36% | +0.09% | +1583.68% | |
| 33 | SE | Sea Ltd-adr | 股票-通訊服務 | 0.36% | +0.01% | +73.47% | |
| 34 | FLUT | Flutter Entertainment plc | 股票-循環性消費 | 0.35% | -0.06% | +112.77% | |
| 35 | PDD | Pdd Holdings Inc | 股票-循環性消費 | 0.34% | +0.01% | +72.07% | |
| 36 | AFRM | Affirm Holdings Inc | 股票-金融 | 0.33% | -0.06% | +203.25% | |
| 37 | RACE | Ferrari N.V. | 股票-循環性消費 | 0.32% | +0.02% | -32.99% | |
| 38 | INTC | Intel CORP | 股票-科技 | 0.32% | -0.03% | -23.13% | |
| 39 | IBM | Intl Business Machines CORP | 股票-科技 | 0.31% | +0.27% | — | |
| 40 | UBER | Uber Technologies Inc | 股票-工業 | 0.31% | +0.11% | -7.94% | |
| 41 | NKE | Nike Inc -cl B | 股票-循環性消費 | 0.30% | +0.01% | +103.55% | |
| 42 | CVX | Chevron CORP | 股票-能源 | 0.30% | -0.53% | +24.56% | |
| 43 | MO | Altria Group Inc | 股票-非循環性消費 | 0.30% | +0.05% | +286.70% | |
| 44 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.30% | +0.59% | -7.41% | |
| 45 | FWONK | Liberty Media Corp-formula-c | 股票-通訊服務 | 0.30% | -0.01% | +41.80% | |
| 46 | CRH | CRH plc | 股票-原物料 | 0.30% | -0.01% | -59.52% | |
| 47 | GRAB | Grab Holdings Limited | 股票-科技 | 0.30% | -0.09% | -6.51% | |
| 48 | TMUS | T-mobile US Inc | 股票-通訊服務 | 0.30% | -0.22% | -32.35% | |
| 49 | COIN | Coinbase Global Inc -class A | 股票-金融 | 0.29% | -0.14% | +388.28% | |
| 50 | MELI | Mercadolibre Inc | 股票-循環性消費 | 0.29% | -0.49% | -41.25% |
| # | 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 | +1.8% | +28.48% | 加碼 |
| 2 | NVDA | Nvidia CORP | +1.6% | -6.21% | 加碼 |
| 3 | MSFT | Microsoft CORP | +0.8% | +20.54% | 加碼 |
| 4 | WMT | Walmart Inc | +0.8% | +83.44% | 加碼 |
| 5 | COR | Cencora Inc | +0.5% | +518.92% | 加碼 |
| 6 | BAC | Bank Of America CORP | +0.5% | +712.52% | 加碼 |
| 7 | JNJ | Johnson & Johnson | +0.5% | +126.34% | 加碼 |
| 8 | MS | Morgan Stanley | +0.4% | +40.21% | 加碼 |
| 9 | SMH | Vaneck Semiconductor ETF | +0.4% | +4.83% | 加碼 |
| 10 | F | Ford Motor Co | +0.4% | +81.06% | 加碼 |
| 11 | NU | Nu Holdings Ltd. | +0.4% | +98.35% | 加碼 |
| 12 | CPNG | Coupang Inc | +0.4% | +116.22% | 加碼 |
| 13 | NFLX | Netflix Inc | +0.3% | +72.13% | 加碼 |
| 14 | PANW | Palo Alto Networks Inc | +0.3% | +1583.68% | 加碼 |
| 15 | NKE | Nike Inc -cl B | +0.3% | +103.55% | 加碼 |
| 16 | MO | Altria Group Inc | +0.3% | +286.70% | 加碼 |
| 17 | HON | Honeywell International Inc | +0.3% | +130.04% | 加碼 |
| 18 | OTIS | Otis Worldwide CORP | +0.3% | +7.87% | 加碼 |
| 19 | TXN | Texas Instruments Inc | +0.3% | — | 加碼 |
| 20 | TMUS | T-mobile US Inc | +0.3% | -32.35% | 加碼 |
| 21 | ABBV | Abbvie Inc | +0.2% | -7.41% | 加碼 |
| 22 | ISRG | Intuitive Surgical Inc | +0.2% | +315.24% | 加碼 |
| 23 | MNST | Monster Beverage CORP | +0.2% | +58.61% | 加碼 |
| 24 | AFRM | Affirm Holdings Inc | +0.2% | +203.25% | 加碼 |
| 25 | ORCL | Oracle CORP | +0.2% | -13.72% | 加碼 |
| 26 | REGN | Regeneron Pharmaceuticals | +0.2% | +62.18% | 加碼 |
| 27 | AXP | American Express Co | +0.2% | +66.38% | 加碼 |
| 28 | PLTR | Palantir Technologies Inc-a | +0.2% | -46.31% | 減碼 |
| 29 | FWONK | Liberty Media Corp-formula-c | +0.2% | +41.80% | 加碼 |
| 30 | MCD | Mcdonald's CORP | +0.2% | +727.55% | 加碼 |
| 31 | FOX | Fox CORP - Class B | +0.2% | +792.37% | 加碼 |
| 32 | BRK-B | Berkshire Hathaway Inc-cl B | +0.2% | +56.95% | 加碼 |
| 33 | CRDO | Credo Technology Group Holding Ltd | +0.2% | +2537.68% | 加碼 |
| 34 | PDD | Pdd Holdings Inc | +0.2% | +72.07% | 加碼 |
| 35 | COIN | Coinbase Global Inc -class A | +0.2% | +388.28% | 加碼 |
| 36 | SYY | Sysco CORP | +0.2% | +102.59% | 加碼 |
| 37 | LH | Labcorp Holdings Inc | +0.2% | +79.13% | 加碼 |
| 38 | ALNY | Alnylam Pharmaceuticals Inc | +0.2% | +113.09% | 加碼 |
| 39 | FUTU | Futu Holdings Ltd-adr | +0.2% | +714.60% | 加碼 |
| 40 | XOM | Exxon Mobil CORP | +0.1% | +15338.60% | 加碼 |
| 41 | STZ | Constellation Brands Inc-a | +0.1% | +1511.35% | 加碼 |
| 42 | HOOD | Robinhood Markets Inc - A | +0.1% | -23.28% | 加碼 |
| 43 | BIIB | Biogen Inc | +0.1% | +436.33% | 加碼 |
| 44 | CVX | Chevron CORP | +0.1% | +24.56% | 加碼 |
| 45 | TEAM | Atlassian Corp-cl A | +0.1% | +39.66% | 加碼 |
| 46 | XPEV | Xpeng Inc - Adr | +0.1% | +244.32% | 加碼 |
| 47 | BKNG | Booking Holdings Inc | +0.1% | +207.95% | 加碼 |
| 48 | SMCI | Super Micro Computer Inc | +0.1% | -17.93% | 加碼 |
| 49 | MRK | Merck & Co. Inc. | +0.1% | -57.67% | 加碼 |
| 50 | IBIT | Ishares Bitcoin Trust ETF | +0.1% | +1230.67% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Marshall Wace, LLP 在 Q3 2025 季度的美股持倉總市值約為 US$1267.0億，共申報了 2484 個公開持股部位。
在 Q3 2025 季度，Marshall Wace, LLP 按市值排列的前三大核心持股分別為：IVV (18.7%)、MSFT (3.4%)、AAPL (2.9%)。其中最大持股部位 IVV 佔據整體投資組合約 18.7% 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$10.7億
本季最大獲利了結 / 清倉標的
AMT
前期市值: US$1.5億
在 Q3 2025 季度中，Marshall Wace, LLP 共進行了 200 項持倉異動，包含新建倉 22 個部位、加碼 93 個部位、減碼 74 個部位以及清倉 11 個部位。 其中最大新建倉標的為 CRCL。 本季清倉部位包含 AMT。
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。