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: 0001845031
申報總市值
US$16.4萬
US$16.4萬
35 檔
39088.4%
Q3 2025 季度申報顯示，McGinn Penninger Investment Management, Inc. 揭露的美股組合總市值為 US$16.4萬，涵蓋 35 個不同之權益投資部位。
McGinn Penninger Investment Management, Inc. 在 Q3 2025 的調整主要集中於風險出清，清倉與減碼部位合計達 32 檔，反映機構對當前市場環境或個別公司估值採取較為保留之看法。
檢視投資組合結構，前 5 大主力部位（包含 META, MSFT, AAPL）占據了總市值的 39088.4%，展現出該機構在 Q3 2025 的重點資金聚焦與風險分佈特徵。
本季最大新建倉標的
UNH
市值: US$770.0萬
本季最大獲利了結 / 清倉標的
VCLT
前期市值: US$83.8萬
| # | 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 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 8.84% | -0.65% | -0.68% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 8.39% | -0.43% | -0.68% | |
| 3 | AAPL | Apple Inc | 股票-科技 | 8.32% | +0.33% | -0.74% | |
| 4 | JPM | Jpmorgan Chase & Co | 股票-金融 | 7.63% | +0.13% | -0.53% | |
| 5 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 4.51% | +1.57% | +169.16% | |
| 6 | ✓ | 股票-其他 | 4.34% | — | -0.65% | ||
| 7 | BAC | Bank Of America CORP | 股票-金融 | 3.99% | +0.27% | -0.92% | |
| 8 | NKE | Nike Inc -cl B | 股票-循環性消費 | 3.99% | -0.87% | +17.05% | |
| 9 | DLTR | Dollar Tree Inc | 股票-非循環性消費 | 3.91% | +0.13% | +3.02% | |
| 10 | HD | Home Depot Inc | 股票-循環性消費 | 3.63% | +0.06% | -0.52% | |
| 11 | DIS | Walt Disney Co/the | 股票-通訊服務 | 3.59% | -0.23% | -0.57% | |
| 12 | BA | Boeing Co/the | 股票-工業 | 3.49% | +0.02% | -0.57% | |
| 13 | ✓ | 股票-其他 | 3.27% | — | -0.10% | ||
| 14 | SBUX | Starbucks CORP | 股票-循環性消費 | 3.06% | +0.19% | -0.05% | |
| 15 | JNJ | Johnson & Johnson | 股票-醫療保健 | 3.05% | -0.19% | -0.33% | |
| 16 | ✓ | 股票-其他 | 2.93% | — | +5.14% | ||
| 17 | CVX | Chevron CORP | 股票-能源 | 2.64% | -0.78% | +0.07% | |
| 18 | DEO | Diageo Plc-sponsored Adr | 股票-非循環性消費 | 2.62% | +1.66% | +4.86% | |
| 19 | SPG | Simon Property Group Inc | 股票-房地產 | 2.49% | +0.27% | -24.90% | |
| 20 | PCG | P G & E CORP | 股票-公用事業 | 2.35% | -2.94% | EXIT | |
| 21 | ✓ | 股票-其他 | 2.31% | — | +0.15% | ||
| 22 | LVMUY | Lvmh Moet Hennessy-unsp Adr | 股票-其他 | 2.30% | -0.08% | +7.27% | |
| 23 | SLB | Slb LTD | 股票-能源 | 2.04% | -0.53% | +6.32% | |
| 24 | INTC | Intel CORP | 股票-科技 | 1.92% | — | -3.75% | |
| 25 | ✓ | 股票-其他 | 1.66% | — | +7.04% | ||
| 26 | SUSA | Ishares Esg Optimized Msci U | ETF-其他 | 0.48% | -0.01% | -25.81% | |
| 27 | ✓ | 股票-其他 | 0.42% | — | -9.98% | ||
| 28 | QDF | Flexshares Quality Dividend | ETF-其他 | 0.35% | +0.01% | -18.96% | |
| 29 | VT | Vanguard Tot World Stk ETF | ETF-其他 | 0.35% | — | -11.35% | |
| 30 | PHO | Invesco Water Resources ETF | ETF-其他 | 0.32% | -0.02% | -33.14% | |
| 31 | VHT | Vanguard Health Care ETF | ETF-其他 | 0.24% | +0.01% | -43.22% | |
| 32 | VIG | Vanguard Dividend Apprec ETF | ETF-其他 | 0.17% | -0.01% | -28.31% | |
| 33 | MUB | Ishares National Muni Bond E | ETF-其他 | 0.15% | — | -23.59% | |
| 34 | QQQM | Invesco Nasdaq 100 ETF | ETF-科技型 | 0.14% | +0.05% | +4.22% | |
| 35 | TSLA | Tesla Inc | 股票-循環性消費 | 0.13% | +0.01% | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | ✓ | +1% | -0.65% | 減碼 | |
| 2 | SBUX | Starbucks CORP | +0.8% | -0.05% | 加碼 |
| 3 | NKE | Nike Inc -cl B | +0.7% | +17.05% | 加碼 |
| 4 | DLTR | Dollar Tree Inc | +0.5% | +3.02% | 加碼 |
| 5 | BA | Boeing Co/the | +0.4% | -0.57% | 減碼 |
| 6 | INTC | Intel CORP | +0.4% | -3.75% | 減碼 |
| 7 | BAC | Bank Of America CORP | +0.3% | -0.92% | 減碼 |
| 8 | DIS | Walt Disney Co/the | +0.3% | -0.57% | 加碼 |
| 9 | ✓ | +0.3% | +0.15% | 加碼 | |
| 10 | JPM | Jpmorgan Chase & Co | +0.1% | -0.53% | 減碼 |
| 11 | JNJ | Johnson & Johnson | 0% | -0.33% | 減碼 |
| 12 | META | Meta Platforms Inc-class A | 0% | -0.68% | 減碼 |
| 13 | VT | Vanguard Tot World Stk ETF | -0.1% | -11.35% | 減碼 |
| 14 | HD | Home Depot Inc | -0.1% | -0.52% | 減碼 |
| 15 | LVMUY | Lvmh Moet Hennessy-unsp Adr | -0.1% | +7.27% | 加碼 |
| 16 | VIG | Vanguard Dividend Apprec ETF | -0.1% | -28.31% | 減碼 |
| 17 | QDF | Flexshares Quality Dividend | -0.1% | -18.96% | 減碼 |
| 18 | SUSA | Ishares Esg Optimized Msci U | -0.1% | -25.81% | 減碼 |
| 19 | MUB | Ishares National Muni Bond E | -0.2% | -23.59% | 減碼 |
| 20 | ✓ | -0.2% | +5.14% | 加碼 | |
| 21 | VHT | Vanguard Health Care ETF | -0.3% | -43.22% | 減碼 |
| 22 | ✓ | -0.3% | +7.04% | 加碼 | |
| 23 | MSFT | Microsoft CORP | -0.3% | -0.68% | 減碼 |
| 24 | PHO | Invesco Water Resources ETF | -0.3% | -33.14% | 減碼 |
| 25 | DEO | Diageo Plc-sponsored Adr | -0.4% | +4.86% | 加碼 |
| 26 | SLB | Slb LTD | -0.5% | +6.32% | 加碼 |
| 27 | CVX | Chevron CORP | -0.5% | +0.07% | 加碼 |
| 28 | ✓ | -0.6% | -0.10% | 加碼 | |
| 29 | AAPL | Apple Inc | -0.6% | -0.74% | 減碼 |
| 30 | PCG | P G & E CORP | -0.7% | -2.19% | 減碼 |
| 31 | SPG | Simon Property Group Inc | -0.8% | -24.90% | 減碼 |
| 32 | UNH | Unitedhealth Group Inc | — | NEW | 新建倉 |
| 33 | VCLT | Vanguard Long-term CORP Bond | — | EXIT | 清倉 |
| 34 | ✓ | — | NEW | 新建倉 | |
| 35 | ✓ | Flexshares Credit Scr US Gond | — | EXIT | 清倉 |
| 36 | XT | Ishar Fture Exp Tech Etf-usd | — | EXIT | 清倉 |
| 37 | HYGV | Flexshares High Yield Value | — | EXIT | 清倉 |
| 38 | SUSC | Ishares Esg Aware Usd Corpor | — | EXIT | 清倉 |
| 39 | EDEN | Ishares Msci Denmark ETF | — | EXIT | 清倉 |
| 40 | VGK | Vanguard Ftse Europe ETF | — | EXIT | 清倉 |
| 41 | VCIT | Vanguard Int-term Corporate | — | EXIT | 清倉 |
| 42 | SUSB | Ishares Esg Aware 1-5 Year U | — | EXIT | 清倉 |
| 43 | PICB | Invesco International Corpor | — | EXIT | 清倉 |
| 44 | OUSM | Alps Oshares US Small-cap Qu | — | EXIT | 清倉 |
| 45 | HYG | Ishr Ibx Usd Hiyld Cb Etf-ui | — | EXIT | 清倉 |
| 46 | QQQM | Invesco Nasdaq 100 ETF | — | NEW | 新建倉 |
| 47 | TSLA | Tesla Inc | — | NEW | 新建倉 |
| 48 | ✓ | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，McGinn Penninger Investment Management, Inc. 在 Q3 2025 季度的美股持倉總市值約為 US$16.4萬，共申報了 35 個公開持股部位。
在 Q3 2025 季度，McGinn Penninger Investment Management, Inc. 按市值排列的前三大核心持股分別為：META (8.8%)、MSFT (8.4%)、AAPL (8.3%)。其中最大持股部位 META 佔據整體投資組合約 8.8% 的權重。
在 Q3 2025 季度中，McGinn Penninger Investment Management, Inc. 共進行了 48 項持倉異動，包含新建倉 4 個部位、加碼 12 個部位、減碼 19 個部位以及清倉 13 個部位。 其中最大新建倉標的為 UNH。 本季清倉部位包含 VCLT。
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。
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。
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。