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: 0001103653
申報總市值
US$38.7億
US$38.7億
2398 檔
21.6%
MassMutual Private Wealth & Trust, FSB 在 Q3 2025 季度的美股部位總計估值為 US$38.7億，分散於 2398 個持倉標的之中，反映其市場參與廣度與投資規模。
MassMutual Private Wealth & Trust, FSB 於 Q3 2025 展現出進攻型調倉步調，本季推動了 0 檔股票的新建倉與 29 檔既有部位加碼，整體資金傾向擴大在美股市場的曝險佈局。
從部位權重觀察，前 5 大標的（包含 NVDA, MSFT, AAPL）累計市值佔比達 21.6%，是驅動 MassMutual Private Wealth & Trust, FSB 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 2398 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 | NVDA | Nvidia CORP | 股票-科技 | 5.10% | +0.08% | -3.53% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 5.04% | -0.21% | -2.04% | |
| 3 | AAPL | Apple Inc | 股票-科技 | 4.57% | +0.17% | -0.93% | |
| 4 | VO | Vanguard Mid-cap ETF | ETF-其他 | 3.92% | -0.29% | -0.47% | |
| 5 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.65% | +0.12% | -1.83% | |
| 6 | VEA | Vanguard Ftse Developed ETF | ETF-其他 | 2.44% | +0.10% | +1.08% | |
| 7 | JPM | Jpmorgan Chase & Co | 股票-金融 | 2.24% | +0.16% | -4.36% | |
| 8 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 2.05% | +0.20% | -8.70% | |
| 9 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.88% | -0.08% | -0.51% | |
| 10 | AVGO | Broadcom Inc | 股票-科技 | 1.86% | +0.26% | -0.18% | |
| 11 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 1.53% | +0.22% | -0.13% | |
| 12 | EFA | Ishares Msci Eafe ETF | ETF-其他 | 1.38% | -0.07% | -2.05% | |
| 13 | DFAS | Dimensional US Small Cap ETF | ETF-中小型股 | 1.33% | +0.11% | -35.41% | |
| 14 | V | Visa Inc-class A Shares | 股票-金融 | 1.33% | +0.07% | -1.92% | |
| 15 | HD | Home Depot Inc | 股票-循環性消費 | 1.25% | — | +3.28% | |
| 16 | IJH | Ishares Core S&p Midcap ETF | ETF-其他 | 1.25% | +0.01% | -5.09% | |
| 17 | CVX | Chevron CORP | 股票-能源 | 1.21% | -0.43% | -2.64% | |
| 18 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 1.19% | +0.06% | -0.03% | |
| 19 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 1.11% | -0.06% | -2.04% | |
| 20 | RTX | Rtx CORP | 股票-工業 | 1.05% | -0.13% | -2.18% | |
| 21 | ABBV | Abbvie Inc | 股票-醫療保健 | 1.05% | +0.07% | -2.09% | |
| 22 | WMT | Walmart Inc | 股票-非循環性消費 | 1.01% | -0.21% | -1.13% | |
| 23 | MCD | Mcdonald's CORP | 股票-循環性消費 | 1.01% | -0.18% | -0.71% | |
| 24 | CSCO | Cisco Systems Inc | 股票-科技 | 0.97% | +0.43% | -3.16% | |
| 25 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.95% | -0.06% | -1.51% | |
| 26 | VGT | Vanguard Info Tech ETF | ETF-科技型 | 0.94% | +0.19% | -3.27% | |
| 27 | MDY | State Street Spdr S&p Midcap | ETF-其他 | 0.91% | +0.03% | -0.27% | |
| 28 | BAC | Bank Of America CORP | 股票-金融 | 0.90% | +0.05% | -1.59% | |
| 29 | AMP | Ameriprise Financial Inc | 股票-金融 | 0.87% | -0.04% | -0.22% | |
| 30 | IJR | Ishares Core S&p Small-cap E | ETF-中小型股 | 0.86% | +0.08% | -0.92% | |
| 31 | ORLY | O'reilly Automotive Inc | 股票-循環性消費 | 0.83% | -0.07% | -3.94% | |
| 32 | IEFA | Ishares Core Msci Eafe ETF | ETF-其他 | 0.82% | +0.08% | +0.20% | |
| 33 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 0.81% | -0.01% | +56.73% | |
| 34 | VGSH | Vanguard Short-term Treasury | ETF-政府公債 | 0.80% | -0.06% | +3.51% | |
| 35 | VNQ | Vanguard Real Estate ETF | ETF-其他 | 0.74% | -0.41% | +3.35% | |
| 36 | CB | Chubb Limited | 股票-金融 | 0.72% | -0.03% | +0.21% | |
| 37 | CAT | Caterpillar Inc | 股票-工業 | 0.69% | +0.24% | -3.58% | |
| 38 | SYK | Stryker CORP | 股票-醫療保健 | 0.69% | -0.08% | +6.29% | |
| 39 | ECL | Ecolab Inc | 股票-原物料 | 0.68% | -0.02% | -0.05% | |
| 40 | TMO | Thermo Fisher Scientific Inc | 股票-醫療保健 | 0.67% | -0.03% | +2.16% | |
| 41 | ADBE | Adobe Inc | 股票-科技 | 0.61% | -0.03% | -5.85% | |
| 42 | NEE | Nextera Energy Inc | 股票-公用事業 | 0.60% | -0.10% | +4.01% | |
| 43 | NOW | Servicenow Inc | 股票-科技 | 0.56% | -0.03% | +4.42% | |
| 44 | LECO | Lincoln Electric Holdings | 股票-工業 | 0.55% | -0.01% | -0.14% | |
| 45 | BLK | Blackrock Inc | 股票-金融 | 0.55% | -0.04% | -4.89% | |
| 46 | VZ | Verizon Communications Inc | 股票-通訊服務 | 0.55% | -0.14% | +1.01% | |
| 47 | LHX | L3harris Technologies Inc | 股票-工業 | 0.54% | -0.14% | +0.11% | |
| 48 | SCHO | Schwab Short-term US Treas | ETF-其他 | 0.52% | +0.30% | +1.99% | |
| 49 | IEMG | Ishares Core Msci Emerging | ETF-新興市場 | 0.51% | +0.03% | +15.63% | |
| 50 | AVEM | Avantis Emerging Markets Eq | ETF-新興市場 | 0.50% | +0.08% | -0.00% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | +1.5% | -3.53% | 減碼 |
| 2 | AVGO | Broadcom Inc | +0.9% | -0.18% | 加碼 |
| 3 | MSFT | Microsoft CORP | +0.8% | -2.04% | 減碼 |
| 4 | GOOG | Alphabet Inc-cl C | +0.4% | -0.13% | 加碼 |
| 5 | GOOGL | Alphabet Inc-cl A | +0.4% | -8.70% | 減碼 |
| 6 | LLY | Eli Lilly & Co | +0.4% | +532.67% | 加碼 |
| 7 | BKNG | Booking Holdings Inc | +0.3% | +56.73% | 加碼 |
| 8 | IEMG | Ishares Core Msci Emerging | +0.2% | +15.63% | 加碼 |
| 9 | META | Meta Platforms Inc-class A | +0.2% | -0.51% | 加碼 |
| 10 | BX | Blackstone Inc | +0.2% | -0.16% | 加碼 |
| 11 | VEA | Vanguard Ftse Developed ETF | +0.2% | +1.08% | 加碼 |
| 12 | VGT | Vanguard Info Tech ETF | +0.2% | -3.27% | 加碼 |
| 13 | TSLA | Tesla Inc | +0.2% | -1.19% | 加碼 |
| 14 | ETN | Eaton Corporation plc | +0.2% | -2.13% | 加碼 |
| 15 | NOW | Servicenow Inc | +0.2% | +4.42% | 加碼 |
| 16 | CAT | Caterpillar Inc | +0.1% | -3.58% | 減碼 |
| 17 | LHX | L3harris Technologies Inc | +0.1% | +0.11% | 加碼 |
| 18 | JPM | Jpmorgan Chase & Co | +0.1% | -4.36% | 減碼 |
| 19 | GDX | Vaneck Gold Miners ETF | +0.1% | -3.74% | 減碼 |
| 20 | CSL | Carlisle Cos Inc | +0.1% | +9.03% | 加碼 |
| 21 | TRMB | Trimble Inc | +0.1% | -4.04% | 加碼 |
| 22 | EFA | Ishares Msci Eafe ETF | +0.1% | -2.05% | 加碼 |
| 23 | RTX | Rtx CORP | +0.1% | -2.18% | 減碼 |
| 24 | XYL | Xylem Inc | +0.1% | +2.66% | 加碼 |
| 25 | SPGI | S&p Global Inc | +0.1% | +4.72% | 加碼 |
| 26 | MS | Morgan Stanley | +0.1% | +3.14% | 加碼 |
| 27 | LECO | Lincoln Electric Holdings | +0.1% | -0.14% | 加碼 |
| 28 | AVEM | Avantis Emerging Markets Eq | +0.1% | -0.00% | 加碼 |
| 29 | VGIT | Vanguard Intermediate-term T | +0.1% | +3.28% | 加碼 |
| 30 | VO | Vanguard Mid-cap ETF | +0.1% | -0.47% | 加碼 |
| 31 | BAC | Bank Of America CORP | +0.1% | -1.59% | 減碼 |
| 32 | IJR | Ishares Core S&p Small-cap E | +0.1% | -0.92% | 加碼 |
| 33 | IEFA | Ishares Core Msci Eafe ETF | +0.1% | +0.20% | 加碼 |
| 34 | AAPL | Apple Inc | 0% | -0.93% | 加碼 |
| 35 | VGSH | Vanguard Short-term Treasury | 0% | +3.51% | 加碼 |
| 36 | AMZN | Amazon.com Inc | 0% | -1.83% | 減碼 |
| 37 | HD | Home Depot Inc | 0% | +3.28% | 加碼 |
| 38 | WMT | Walmart Inc | 0% | -1.13% | 減碼 |
| 39 | STZ | Constellation Brands Inc-a | -0.1% | -13.21% | 減碼 |
| 40 | KMX | Carmax Inc | -0.2% | +1.13% | 加碼 |
| 41 | ACN | Accenture plc | -0.2% | -7.56% | 減碼 |
| 42 | ADBE | Adobe Inc | -0.2% | -5.85% | 減碼 |
| 43 | CMCSA | Comcast Corp-class A | -0.2% | -1.92% | 減碼 |
| 44 | CVX | Chevron CORP | -0.3% | -2.64% | 減碼 |
| 45 | PG | Procter & Gamble Co/the | -0.3% | -2.04% | 減碼 |
| 46 | UNH | Unitedhealth Group Inc | -0.4% | -31.65% | 減碼 |
| 47 | DHR | Danaher CORP | -0.4% | -57.98% | 減碼 |
| 48 | FISV | Fiserv Inc | -0.4% | +0.88% | 減碼 |
| 49 | PEP | Pepsico Inc | -0.5% | -37.07% | 減碼 |
| 50 | DFAS | Dimensional US Small Cap ETF | -0.7% | -35.41% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，MassMutual Private Wealth & Trust, FSB 在 Q3 2025 季度的美股持倉總市值約為 US$38.7億，共申報了 2398 個公開持股部位。
在 Q3 2025 季度，MassMutual Private Wealth & Trust, FSB 按市值排列的前三大核心持股分別為：NVDA (5.1%)、MSFT (5.0%)、AAPL (4.6%)。其中最大持股部位 NVDA 佔據整體投資組合約 5.1% 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
MSFT
前期市值: US$1.5億
在 Q3 2025 季度中，MassMutual Private Wealth & Trust, FSB 共進行了 50 項持倉異動，包含新建倉 0 個部位、加碼 29 個部位、減碼 21 個部位以及清倉 0 個部位。
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。