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: 0001803227
申報總市值
US$8.6億
US$8.6億
170 檔
9.5%
在 Q4 2025 的 13F 官方備案中，Mattern Capital Management, LLC 管理的美股投資組合規模來到 US$8.6億，整體持股檔數為 170 檔。
Mattern Capital Management, LLC 於 Q4 2025 展現出進攻型調倉步調，本季推動了 2 檔股票的新建倉與 28 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。
在資產配置集中度方面，Mattern Capital Management, LLC 的前 5 大核心持股（包含 AAPL, MSFT, WMT 等）合計佔整體申報市值的 9.5%，反映機構在主要關鍵部位上的權重分佈。
| # | 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 | AAPL | Apple Inc | 股票-科技 | 2.46% | +0.22% | -2.89% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 2.03% | -0.04% | -4.29% | |
| 3 | WMT | Walmart Inc | 股票-非循環性消費 | 1.88% | -0.07% | +1.40% | |
| 4 | COR | Cencora Inc | 股票-醫療保健 | 1.70% | -0.03% | -3.38% | |
| 5 | AVGO | Broadcom Inc | 股票-科技 | 1.54% | +0.17% | -3.91% | |
| 6 | LOW | Lowe's Cos Inc | 股票-循環性消費 | 1.52% | -0.06% | +1.15% | |
| 7 | ADI | Analog Devices Inc | 股票-科技 | 1.52% | +0.21% | -8.02% | |
| 8 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 1.49% | -0.15% | +5.12% | |
| 9 | GWW | Ww Grainger Inc | 股票-工業 | 1.46% | +0.31% | +4.82% | |
| 10 | AFL | Aflac Inc | 股票-金融 | 1.42% | +0.06% | +4.51% | |
| 11 | PSX | Phillips 66 | 股票-能源 | 1.38% | -1.20% | -2.83% | |
| 12 | CSCO | Cisco Systems Inc | 股票-科技 | 1.37% | +0.51% | +0.25% | |
| 13 | CB | Chubb Limited | 股票-金融 | 1.34% | +0.02% | +1.04% | |
| 14 | AMGN | Amgen Inc | 股票-醫療保健 | 1.34% | +0.17% | -9.73% | |
| 15 | GD | General Dynamics CORP | 股票-工業 | 1.32% | +0.03% | -4.80% | |
| 16 | BLK | Blackrock Inc | 股票-金融 | 1.32% | -0.01% | +3.02% | |
| 17 | NEE | Nextera Energy Inc | 股票-公用事業 | 1.30% | -0.14% | -14.34% | |
| 18 | SPGI | S&p Global Inc | 股票-金融 | 1.30% | +0.04% | +0.36% | |
| 19 | BRO | Brown & Brown Inc | 股票-金融 | 1.29% | +0.16% | +3.78% | |
| 20 | LHX | L3harris Technologies Inc | 股票-工業 | 1.27% | -0.20% | -7.25% | |
| 21 | LLY | Eli Lilly & Co | 股票-醫療保健 | 1.24% | +0.37% | -10.71% | |
| 22 | LIN | Linde plc | 股票-原物料 | 1.22% | +0.01% | +3.95% | |
| 23 | PH | Parker Hannifin CORP | 股票-工業 | 1.22% | +0.19% | -0.59% | |
| 24 | EMR | Emerson Electric Co | 股票-工業 | 1.22% | -0.02% | EXIT | |
| 25 | JNJ | Johnson & Johnson | 股票-醫療保健 | 1.21% | +0.15% | -4.18% | |
| 26 | XYL | Xylem Inc | 股票-工業 | 1.18% | +0.07% | -6.44% | |
| 27 | BR | Broadridge Financial Solutio | 股票-科技 | 1.17% | -0.16% | +5.87% | |
| 28 | ATO | Atmos Energy CORP | 股票-公用事業 | 1.16% | -0.13% | -2.56% | |
| 29 | TSCO | Tractor Supply Company | 股票-循環性消費 | 1.15% | -0.02% | +0.97% | |
| 30 | ACN | Accenture plc | 股票-科技 | 1.14% | -0.35% | -0.35% | |
| 31 | ICE | Intercontinental Exchange In | 股票-金融 | 1.14% | -0.22% | +13.80% | |
| 32 | MDT | Medtronic plc | 股票-醫療保健 | 1.13% | — | +0.73% | |
| 33 | CTAS | Cintas CORP | 股票-工業 | 1.13% | +0.06% | +13.03% | |
| 34 | TXN | Texas Instruments Inc | 股票-科技 | 1.13% | +0.44% | +15.42% | |
| 35 | JKHY | Jack Henry & Associates Inc | 股票-科技 | 1.12% | -0.01% | +3.11% | |
| 36 | SHW | Sherwin-williams Co/the | 股票-原物料 | 1.11% | +0.14% | +1.31% | |
| 37 | ECL | Ecolab Inc | 股票-原物料 | 1.11% | +0.07% | -0.10% | |
| 38 | ADP | Automatic Data Processing | 股票-科技 | 1.11% | +0.11% | +7.14% | |
| 39 | HD | Home Depot Inc | 股票-循環性消費 | 1.10% | +0.17% | +1.60% | |
| 40 | PLD | Prologis Inc | 股票-房地產 | 1.10% | -0.02% | -2.25% | |
| 41 | SYK | Stryker CORP | 股票-醫療保健 | 1.10% | +0.09% | +3.41% | |
| 42 | MCD | Mcdonald's CORP | 股票-循環性消費 | 1.08% | -0.10% | +0.07% | |
| 43 | V | Visa Inc-class A Shares | 股票-金融 | 1.06% | +0.20% | +5.47% | |
| 44 | WEC | Wec Energy Group Inc | 股票-公用事業 | 1.06% | -0.10% | +1.37% | |
| 45 | ABT | Abbott Laboratories | 股票-醫療保健 | 1.05% | -0.15% | +3.63% | |
| 46 | FDS | Factset Research Systems Inc | 股票-金融 | 1.04% | +0.05% | +48.83% | |
| 47 | ITW | Illinois Tool Works | 股票-工業 | 1.04% | +0.04% | +2.05% | |
| 48 | TGT | Target CORP | 股票-循環性消費 | 1.02% | -0.02% | EXIT | |
| 49 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 1.02% | +0.45% | +16.92% | |
| 50 | APD | Air Products & Chemicals Inc | 股票-原物料 | 1.01% | — | +4.26% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | FDS | Factset Research Systems Inc | +0.4% | +48.83% | 加碼 |
| 2 | LLY | Eli Lilly & Co | +0.3% | -10.71% | 減碼 |
| 3 | JKHY | Jack Henry & Associates Inc | +0.2% | +3.11% | 加碼 |
| 4 | BF-B | Brown-forman Corp-class B | +0.2% | +37.12% | 加碼 |
| 5 | ROP | Roper Technologies Inc | +0.2% | +36.65% | 加碼 |
| 6 | TGT | Target CORP | +0.2% | +10.71% | 加碼 |
| 7 | WMT | Walmart Inc | +0.2% | +1.40% | 加碼 |
| 8 | MKC | Mccormick & Co-non Vtg Shrs | +0.2% | +18.92% | 加碼 |
| 9 | PH | Parker Hannifin CORP | +0.2% | -0.59% | 減碼 |
| 10 | CSCO | Cisco Systems Inc | +0.2% | +0.25% | 加碼 |
| 11 | INTU | Intuit Inc | +0.2% | +22.38% | 加碼 |
| 12 | GWW | Ww Grainger Inc | +0.2% | +4.82% | 加碼 |
| 13 | CB | Chubb Limited | +0.2% | +1.04% | 加碼 |
| 14 | BDX | Becton Dickinson And Co | +0.1% | +12.94% | 加碼 |
| 15 | MA | Mastercard Inc - A | +0.1% | +14.13% | 加碼 |
| 16 | UNH | Unitedhealth Group Inc | +0.1% | +16.92% | 加碼 |
| 17 | CEG | Constellation Energy | +0.1% | +3.64% | 加碼 |
| 18 | ICE | Intercontinental Exchange In | +0.1% | +13.80% | 加碼 |
| 19 | SPGI | S&p Global Inc | +0.1% | +0.36% | 加碼 |
| 20 | TXN | Texas Instruments Inc | +0.1% | +15.42% | 加碼 |
| 21 | PLD | Prologis Inc | +0.1% | -2.25% | 減碼 |
| 22 | ACN | Accenture plc | +0.1% | -0.35% | 減碼 |
| 23 | AAPL | Apple Inc | +0.1% | -2.89% | 減碼 |
| 24 | V | Visa Inc-class A Shares | +0.1% | +5.47% | 加碼 |
| 25 | JNJ | Johnson & Johnson | +0.1% | -4.18% | 減碼 |
| 26 | FRT | Federal Realty Invs Trust | +0.1% | +9.07% | 加碼 |
| 27 | COR | Cencora Inc | +0.1% | -3.38% | 減碼 |
| 28 | CHD | Church & Dwight Co Inc | +0.1% | +13.77% | 加碼 |
| 29 | BLK | Blackrock Inc | -0.1% | +3.02% | 加碼 |
| 30 | QQQ | Invesco Qqq Trust Series 1 | -0.1% | -17.13% | 減碼 |
| 31 | WEC | Wec Energy Group Inc | -0.1% | +1.37% | 加碼 |
| 32 | ADP | Automatic Data Processing | -0.1% | +7.14% | 加碼 |
| 33 | LIN | Linde plc | -0.1% | +3.95% | 加碼 |
| 34 | GD | General Dynamics CORP | -0.1% | -4.80% | 減碼 |
| 35 | GOOG | Alphabet Inc-cl C | -0.1% | -41.48% | 減碼 |
| 36 | PSX | Phillips 66 | -0.1% | -2.83% | 減碼 |
| 37 | NEE | Nextera Energy Inc | -0.1% | -14.34% | 減碼 |
| 38 | TSCO | Tractor Supply Company | -0.1% | +0.97% | 加碼 |
| 39 | LHX | L3harris Technologies Inc | -0.2% | -7.25% | 減碼 |
| 40 | HD | Home Depot Inc | -0.2% | +1.60% | 加碼 |
| 41 | BRO | Brown & Brown Inc | -0.2% | +3.78% | 加碼 |
| 42 | APH | Amphenol Corp-cl A | -0.2% | -21.77% | 減碼 |
| 43 | XYL | Xylem Inc | -0.2% | -6.44% | 減碼 |
| 44 | MSFT | Microsoft CORP | -0.2% | -4.29% | 減碼 |
| 45 | HON | Honeywell International Inc | -1% | -93.08% | 減碼 |
| 46 | SBUX | Starbucks CORP | -1% | -93.48% | 減碼 |
| 47 | CMCSA | Comcast Corp-class A | — | EXIT | 清倉 |
| 48 | AAP | Advance Auto Parts Inc | — | EXIT | 清倉 |
| 49 | TYL | Tyler Technologies Inc | — | NEW | 新建倉 |
| 50 | WDAY | Workday Inc-class A | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Mattern Capital Management, LLC 在 Q4 2025 季度的美股持倉總市值約為 US$8.6億，共申報了 170 個公開持股部位。
在 Q4 2025 季度，Mattern Capital Management, LLC 按市值排列的前三大核心持股分別為：AAPL (2.5%)、MSFT (2.0%)、WMT (1.9%)。其中最大持股部位 AAPL 佔據整體投資組合約 2.5% 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
TYL
市值: US$96.3萬
本季最大獲利了結 / 清倉標的
CMCSA
前期市值: US$738.2萬
在 Q4 2025 季度中，Mattern Capital Management, LLC 共進行了 50 項持倉異動，包含新建倉 2 個部位、加碼 28 個部位、減碼 18 個部位以及清倉 2 個部位。 其中最大新建倉標的為 TYL。 本季清倉部位包含 CMCSA。
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。