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: 0002022028
申報總市值
US$117.0億
US$117.0億
410 檔
20.5%
截至 Q3 2025 季度末，Mediolanum International Funds Ltd 的美股持倉估值約為 US$117.0億，全數申報部位共有 410 檔。
在 Q3 2025，Mediolanum International Funds Ltd 操作展現出積極擴展與加碼意向。本季共新建倉 4 個新部位，並對 32 個既有持股進行加碼（合計增持 36 檔），相較減碼與清倉部位顯著佔優。
檢視投資組合結構，前 5 大主力部位（包含 NVDA, AAPL, MSFT）占據了總市值的 20.5%，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 410 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 | 7.18% | -0.55% | -0.36% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 6.82% | -0.51% | +12.39% | |
| 3 | MSFT | Microsoft CORP | 股票-科技 | 5.46% | -0.40% | +1.55% | |
| 4 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 2.91% | -0.09% | +11.52% | |
| 5 | AVGO | Broadcom Inc | 股票-科技 | 2.88% | +0.43% | +8.26% | |
| 6 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.73% | +0.42% | +2.80% | |
| 7 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 2.38% | +0.40% | +3.09% | |
| 8 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 2.10% | +0.19% | +6.34% | |
| 9 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.33% | -0.06% | +2.31% | |
| 10 | TSLA | Tesla Inc | 股票-循環性消費 | 1.27% | -0.11% | +6.02% | |
| 11 | V | Visa Inc-class A Shares | 股票-金融 | 1.23% | +0.11% | -5.46% | |
| 12 | LLY | Eli Lilly & Co | 股票-醫療保健 | 1.11% | +0.54% | +4.61% | |
| 13 | MA | Mastercard Inc - A | 股票-金融 | 0.91% | -0.20% | +0.73% | |
| 14 | UBER | Uber Technologies Inc | 股票-工業 | 0.88% | +0.15% | +27.94% | |
| 15 | WFC | Wells Fargo & Co | 股票-金融 | 0.87% | -0.25% | +2.02% | |
| 16 | TJX | Tjx Companies Inc | 股票-循環性消費 | 0.85% | -0.16% | +5.03% | |
| 17 | XOM | Exxon Mobil CORP | 股票-能源 | 0.84% | -0.76% | +0.41% | |
| 18 | GE | General Electric | 股票-工業 | 0.83% | +0.28% | -5.79% | |
| 19 | NFLX | Netflix Inc | 股票-通訊服務 | 0.82% | -0.51% | -6.96% | |
| 20 | HD | Home Depot Inc | 股票-循環性消費 | 0.82% | -0.12% | +24.97% | |
| 21 | WMT | Walmart Inc | 股票-非循環性消費 | 0.80% | +0.52% | +68.60% | |
| 22 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.74% | -0.09% | +37.93% | |
| 23 | ORCL | Oracle CORP | 股票-科技 | 0.71% | -0.10% | -14.73% | |
| 24 | INTU | Intuit Inc | 股票-科技 | 0.70% | -0.27% | -29.14% | |
| 25 | MCK | Mckesson CORP | 股票-醫療保健 | 0.68% | -0.05% | -0.67% | |
| 26 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 0.65% | -0.28% | +7.59% | |
| 27 | CAT | Caterpillar Inc | 股票-工業 | 0.60% | +0.40% | +35.01% | |
| 28 | COF | Capital One Financial CORP | 股票-金融 | 0.60% | — | +108.47% | |
| 29 | TMO | Thermo Fisher Scientific Inc | 股票-醫療保健 | 0.60% | +0.02% | +112.87% | |
| 30 | ANETEUR | Arista Networks Inc | 股票-其他 | 0.59% | -0.32% | -12.49% | |
| 31 | MMM | 3m Co | 股票-工業 | 0.58% | — | +8.46% | |
| 32 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.57% | -0.05% | -3.65% | |
| 33 | APP | Applovin Corp-class A | 股票-科技 | 0.57% | +0.19% | +73.51% | |
| 34 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.54% | -0.18% | -33.05% | |
| 35 | ABT | Abbott Laboratories | 股票-醫療保健 | 0.54% | -0.04% | +78.82% | |
| 36 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.52% | +0.30% | +29.31% | |
| 37 | QCOM | Qualcomm Inc | 股票-科技 | 0.52% | -0.21% | +12.91% | |
| 38 | NOW | Servicenow Inc | 股票-科技 | 0.51% | +0.01% | +82.33% | |
| 39 | MNST | Monster Beverage CORP | 股票-非循環性消費 | 0.50% | -0.06% | +8.07% | |
| 40 | MSI | Motorola Solutions Inc | 股票-科技 | 0.47% | -0.01% | +66.06% | |
| 41 | TTWO | Take-two Interactive Softwre | 股票-通訊服務 | 0.47% | +0.04% | +18.20% | |
| 42 | ETN | Eaton Corporation plc | 股票-工業 | 0.47% | +0.01% | +14.18% | |
| 43 | KLAC | Kla CORP | 股票-科技 | 0.45% | +0.17% | -32.57% | |
| 44 | CRH | CRH plc | 股票-原物料 | 0.45% | +0.02% | -3.30% | |
| 45 | CSCO | Cisco Systems Inc | 股票-科技 | 0.44% | -0.06% | -11.62% | |
| 46 | SLB | Slb LTD | 股票-能源 | 0.44% | -0.05% | +4.10% | |
| 47 | MELI | Mercadolibre Inc | 股票-循環性消費 | 0.43% | +0.01% | +29.24% | |
| 48 | ACN | Accenture plc | 股票-科技 | 0.42% | -0.16% | -9.08% | |
| 49 | PGR | Progressive CORP | 股票-金融 | 0.41% | -0.01% | +10.95% | |
| 50 | C | Citigroup Inc | 股票-金融 | 0.41% | +0.07% | -4.72% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | +2.1% | -0.36% | 加碼 |
| 2 | AVGO | Broadcom Inc | +1.5% | +8.26% | 加碼 |
| 3 | AAPL | Apple Inc | +1.2% | +12.39% | 加碼 |
| 4 | WMT | Walmart Inc | +0.6% | +68.60% | 加碼 |
| 5 | COF | Capital One Financial CORP | +0.6% | +108.47% | 加碼 |
| 6 | GOOG | Alphabet Inc-cl C | +0.6% | +6.34% | 加碼 |
| 7 | UBER | Uber Technologies Inc | +0.6% | +27.94% | 加碼 |
| 8 | MSFT | Microsoft CORP | +0.6% | +1.55% | 加碼 |
| 9 | TSLA | Tesla Inc | +0.6% | +6.02% | 加碼 |
| 10 | GOOGL | Alphabet Inc-cl A | +0.5% | +3.09% | 加碼 |
| 11 | APP | Applovin Corp-class A | +0.4% | +73.51% | 加碼 |
| 12 | META | Meta Platforms Inc-class A | +0.3% | +11.52% | 加碼 |
| 13 | ANETEUR | Arista Networks Inc | +0.3% | -12.49% | 加碼 |
| 14 | AEM | Agnico Eagle Mines LTD | +0.3% | +15.47% | 加碼 |
| 15 | TMO | Thermo Fisher Scientific Inc | +0.3% | +112.87% | 加碼 |
| 16 | ETN | Eaton Corporation plc | +0.3% | +14.18% | 加碼 |
| 17 | PM | Philip Morris International | +0.3% | +530.73% | 加碼 |
| 18 | PLTR | Palantir Technologies Inc-a | +0.3% | +7.59% | 加碼 |
| 19 | DASH | Doordash Inc - A | +0.3% | +53.60% | 加碼 |
| 20 | ORCL | Oracle CORP | +0.2% | -14.73% | 減碼 |
| 21 | ABT | Abbott Laboratories | +0.2% | +78.82% | 加碼 |
| 22 | MU | Micron Technology Inc | +0.2% | +230.46% | 加碼 |
| 23 | MSI | Motorola Solutions Inc | +0.2% | +66.06% | 加碼 |
| 24 | LRCXEUR | Lam Research CORP | +0.2% | +52.03% | 加碼 |
| 25 | CAT | Caterpillar Inc | +0.2% | +35.01% | 加碼 |
| 26 | COST | Costco Wholesale CORP | +0.2% | +29.31% | 加碼 |
| 27 | NOW | Servicenow Inc | +0.2% | +82.33% | 加碼 |
| 28 | SCHW | Schwab (charles) CORP | +0.2% | +18.15% | 加碼 |
| 29 | C | Citigroup Inc | +0.2% | -4.72% | 加碼 |
| 30 | GE | General Electric | +0.1% | -5.79% | 加碼 |
| 31 | HD | Home Depot Inc | +0.1% | +24.97% | 加碼 |
| 32 | JPM | Jpmorgan Chase & Co | +0.1% | +2.31% | 加碼 |
| 33 | AMZN | Amazon.com Inc | -0.1% | +2.80% | 加碼 |
| 34 | REGN | Regeneron Pharmaceuticals | -0.3% | -65.05% | 減碼 |
| 35 | DECK | Deckers Outdoor CORP | -0.3% | +133.73% | 減碼 |
| 36 | ACN | Accenture plc | -0.5% | -9.08% | 減碼 |
| 37 | CRM | Salesforce Inc | -0.5% | -41.48% | 減碼 |
| 38 | COP | Conocophillips | -0.5% | -10.90% | 減碼 |
| 39 | NEE | Nextera Energy Inc | -0.5% | -65.39% | 減碼 |
| 40 | BRK-B | Berkshire Hathaway Inc-cl B | -0.6% | -3.65% | 減碼 |
| 41 | PG | Procter & Gamble Co/the | -0.6% | +15.98% | 減碼 |
| 42 | FISV | Fiserv Inc | -0.7% | -95.41% | 減碼 |
| 43 | UNH | Unitedhealth Group Inc | -0.9% | -42.83% | 減碼 |
| 44 | TEL | TE Connectivity plc | — | EXIT | 清倉 |
| 45 | WELL | Welltower Inc | — | NEW | 新建倉 |
| 46 | HUM | Humana Inc | — | NEW | 新建倉 |
| 47 | WMS | Advanced Drainage Systems In | — | NEW | 新建倉 |
| 48 | GEHC | GE Healthcare Technology | — | NEW | 新建倉 |
| 49 | DG | Dollar General CORP | — | EXIT | 清倉 |
| 50 | ✓ | On Holding AG | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Mediolanum International Funds Ltd 在 Q3 2025 季度的美股持倉總市值約為 US$117.0億，共申報了 410 個公開持股部位。
在 Q3 2025 季度，Mediolanum International Funds Ltd 按市值排列的前三大核心持股分別為：NVDA (7.2%)、AAPL (6.8%)、MSFT (5.5%)。其中最大持股部位 NVDA 佔據整體投資組合約 7.2% 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
WELL
市值: US$2983.0萬
本季最大獲利了結 / 清倉標的
TEL
前期市值: US$3609.9萬
在 Q3 2025 季度中，Mediolanum International Funds Ltd 共進行了 50 項持倉異動，包含新建倉 4 個部位、加碼 32 個部位、減碼 11 個部位以及清倉 3 個部位。 其中最大新建倉標的為 WELL。 本季清倉部位包含 TEL。
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。