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: 0001836506
申報總市值
US$2.7億
US$2.7億
144 檔
11.4%
根據最新整理的 13F 季度數據集，Mitchell & Pahl Private Wealth, LLC 於 Q3 2025 結束時的管理資產規模為 US$2.7億。該機構在本季度申報了 144 檔美股持倉，呈現出該時期的主要投資地圖。
在 Q3 2025，Mitchell & Pahl Private Wealth, LLC 操作展現出積極擴展與加碼意向。本季共新建倉 2 個新部位，並對 38 個既有持股進行加碼（合計增持 40 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 MSFT, AVGO, AAPL）占據了總市值的 11.4%，展現出該機構在 Q3 2025 的重點資金聚焦與風險分佈特徵。
| # | 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 | MSFT | Microsoft CORP | 股票-科技 | 3.37% | -0.18% | -1.41% | |
| 2 | AVGO | Broadcom Inc | 股票-科技 | 3.35% | +0.16% | -1.38% | |
| 3 | AAPL | Apple Inc | 股票-科技 | 3.20% | +0.08% | -0.85% | |
| 4 | ABBV | Abbvie Inc | 股票-醫療保健 | 1.58% | +0.09% | -0.51% | |
| 5 | LIN | Linde plc | 股票-原物料 | 1.56% | -0.07% | -0.43% | |
| 6 | HD | Home Depot Inc | 股票-循環性消費 | 1.53% | — | -0.07% | |
| 7 | GS | Goldman Sachs Group Inc | 股票-金融 | 1.52% | +0.13% | -1.04% | |
| 8 | XOM | Exxon Mobil CORP | 股票-能源 | 1.50% | -0.58% | -0.32% | |
| 9 | ECL | Ecolab Inc | 股票-原物料 | 1.46% | -0.03% | -0.43% | |
| 10 | JNJ | Johnson & Johnson | 股票-醫療保健 | 1.46% | -0.07% | -0.06% | |
| 11 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 1.45% | +0.43% | +8.13% | |
| 12 | WM | Waste Management Inc | 股票-工業 | 1.41% | -0.15% | -0.26% | |
| 13 | GD | General Dynamics CORP | 股票-工業 | 1.40% | -0.07% | -0.74% | |
| 14 | MMM | 3m Co | 股票-工業 | 1.40% | +0.04% | -0.58% | |
| 15 | BLK | Blackrock Inc | 股票-金融 | 1.35% | -0.08% | -0.75% | |
| 16 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 1.35% | -0.07% | +0.39% | |
| 17 | WEC | Wec Energy Group Inc | 股票-公用事業 | 1.29% | -0.08% | -0.10% | |
| 18 | MCD | Mcdonald's CORP | 股票-循環性消費 | 1.27% | -0.21% | +0.27% | |
| 19 | NEE | Nextera Energy Inc | 股票-公用事業 | 1.24% | -0.20% | +0.08% | |
| 20 | AFL | Aflac Inc | 股票-金融 | 1.23% | -0.02% | -0.54% | |
| 21 | CSCO | Cisco Systems Inc | 股票-科技 | 1.21% | +0.50% | -0.64% | |
| 22 | NVS | Novartis Ag-sponsored Adr | 股票-醫療保健 | 1.21% | -0.08% | -0.55% | |
| 23 | CMCSA | Comcast Corp-class A | 股票-通訊服務 | 1.19% | -0.21% | +0.81% | |
| 24 | PSX | Phillips 66 | 股票-能源 | 1.16% | -0.23% | -0.61% | |
| 25 | SRE | Sempra | 股票-公用事業 | 1.15% | -0.15% | +0.25% | |
| 26 | TXN | Texas Instruments Inc | 股票-科技 | 1.13% | +0.47% | +1.14% | |
| 27 | MDLZ | Mondelez International Inc-a | 股票-非循環性消費 | 1.13% | -0.08% | +0.22% | |
| 28 | SHW | Sherwin-williams Co/the | 股票-原物料 | 1.11% | — | -0.03% | |
| 29 | APD | Air Products & Chemicals Inc | 股票-原物料 | 1.11% | -0.08% | -0.09% | |
| 30 | DIS | Walt Disney Co/the | 股票-通訊服務 | 1.11% | -0.07% | -0.12% | |
| 31 | EMR | Emerson Electric Co | 股票-工業 | 1.10% | +0.01% | -1.16% | |
| 32 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 1.10% | -0.16% | -0.18% | |
| 33 | T | At&t Inc | 股票-通訊服務 | 1.08% | -0.35% | -0.50% | |
| 34 | VLO | Valero Energy CORP | 股票-能源 | 1.06% | -0.05% | -1.16% | |
| 35 | RTX | Rtx CORP | 股票-工業 | 1.06% | -0.13% | -0.65% | |
| 36 | VZ | Verizon Communications Inc | 股票-通訊服務 | 1.05% | -0.26% | +0.57% | |
| 37 | ADP | Automatic Data Processing | 股票-科技 | 1.05% | +0.03% | +0.09% | |
| 38 | IP | International Paper Co | 股票-循環性消費 | 1.01% | +0.02% | +0.12% | |
| 39 | USB | US Bancorp | 股票-金融 | 1.00% | +0.09% | -0.10% | |
| 40 | STX | Seagate Technology Holdings plc | 股票-科技 | 0.96% | +1.50% | — | |
| 41 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 0.93% | +0.26% | -1.64% | |
| 42 | ITW | Illinois Tool Works | 股票-工業 | 0.93% | -0.03% | +0.41% | |
| 43 | UBS | UBS Group AG | 股票-金融 | 0.92% | +0.12% | -1.86% | |
| 44 | CVX | Chevron CORP | 股票-能源 | 0.92% | -0.31% | +0.02% | |
| 45 | IBKR | Interactive Brokers Gro-cl A | 股票-金融 | 0.89% | +0.13% | -0.76% | |
| 46 | XEL | Xcel Energy Inc | 股票-公用事業 | 0.87% | -0.05% | +0.81% | |
| 47 | CB | Chubb Limited | 股票-金融 | 0.87% | -0.03% | +0.48% | |
| 48 | SYY | Sysco CORP | 股票-非循環性消費 | 0.84% | +0.08% | +0.63% | |
| 49 | BX | Blackstone Inc | 股票-金融 | 0.83% | -0.05% | -8.80% | |
| 50 | AMGN | Amgen Inc | 股票-醫療保健 | 0.79% | -0.03% | +0.64% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | AVGO | Broadcom Inc | +1.4% | -1.38% | 減碼 |
| 2 | MSFT | Microsoft CORP | +0.6% | -1.41% | 減碼 |
| 3 | STX | Seagate Technology Holdings plc | +0.6% | — | 減碼 |
| 4 | GOOG | Alphabet Inc-cl C | +0.5% | +212.08% | 加碼 |
| 5 | GS | Goldman Sachs Group Inc | +0.4% | -1.04% | 加碼 |
| 6 | TSM | Taiwan Semiconductor-sp Adr | +0.3% | -1.64% | 加碼 |
| 7 | IBKR | Interactive Brokers Gro-cl A | +0.3% | -0.76% | 加碼 |
| 8 | TER | Teradyne Inc | +0.3% | +8.56% | 加碼 |
| 9 | ELAN | Elanco Animal Health Inc | +0.2% | +0.47% | 加碼 |
| 10 | VLO | Valero Energy CORP | +0.2% | -1.16% | 加碼 |
| 11 | SRE | Sempra | +0.2% | +0.25% | 加碼 |
| 12 | GD | General Dynamics CORP | +0.2% | -0.74% | 加碼 |
| 13 | BLK | Blackrock Inc | +0.2% | -0.75% | 加碼 |
| 14 | ASML | ASML Holding N.V. | +0.2% | -0.57% | 加碼 |
| 15 | UBS | UBS Group AG | +0.2% | -1.86% | 減碼 |
| 16 | LHX | L3harris Technologies Inc | +0.2% | — | 加碼 |
| 17 | TEL | TE Connectivity plc | +0.1% | — | 不變 |
| 18 | AAPL | Apple Inc | +0.1% | -0.85% | 加碼 |
| 19 | PII | Polaris Inc | +0.1% | +3.08% | 加碼 |
| 20 | RTX | Rtx CORP | +0.1% | -0.65% | 減碼 |
| 21 | EMR | Emerson Electric Co | +0.1% | -1.16% | 加碼 |
| 22 | DIS | Walt Disney Co/the | +0.1% | -0.12% | 加碼 |
| 23 | HSBC | Hsbc Holdings Plc-spons Adr | +0.1% | -0.35% | 加碼 |
| 24 | NKE | Nike Inc -cl B | +0.1% | +0.95% | 加碼 |
| 25 | BTI | British American Tob-sp Adr | +0.1% | -0.56% | 加碼 |
| 26 | USB | US Bancorp | +0.1% | -0.10% | 加碼 |
| 27 | TT | Trane Technologies plc | +0.1% | -1.05% | 加碼 |
| 28 | JNJ | Johnson & Johnson | +0.1% | — | 不變 |
| 29 | NVS | Novartis Ag-sponsored Adr | +0.1% | -0.55% | 加碼 |
| 30 | XEL | Xcel Energy Inc | +0.1% | +0.81% | 加碼 |
| 31 | PSX | Phillips 66 | 0% | -0.61% | 加碼 |
| 32 | JNJ | Johnson & Johnson | 0% | -0.06% | 加碼 |
| 33 | SYY | Sysco CORP | 0% | +0.63% | 加碼 |
| 34 | ABBV | Abbvie Inc | 0% | -0.51% | 加碼 |
| 35 | HD | Home Depot Inc | 0% | -0.07% | 加碼 |
| 36 | CSCO | Cisco Systems Inc | 0% | -0.64% | 加碼 |
| 37 | NEE | Nextera Energy Inc | 0% | +0.08% | 加碼 |
| 38 | ECL | Ecolab Inc | 0% | -0.43% | 加碼 |
| 39 | FDS | Factset Research Systems Inc | -0.2% | +4.11% | 加碼 |
| 40 | FICO | Fair Isaac CORP | -0.2% | +2.51% | 加碼 |
| 41 | UPS | United Parcel Service-cl B | -0.2% | +5.44% | 加碼 |
| 42 | IP | International Paper Co | -0.3% | +0.12% | 加碼 |
| 43 | PG | Procter & Gamble Co/the | -0.3% | +0.39% | 加碼 |
| 44 | CMCSA | Comcast Corp-class A | -0.3% | +0.81% | 加碼 |
| 45 | UNH | Unitedhealth Group Inc | -0.7% | +8.13% | 加碼 |
| 46 | 0VVB | Paramount Global-class B | — | EXIT | 清倉 |
| 47 | BDX | Becton Dickinson And Co | — | EXIT | 清倉 |
| 48 | GOOGL | Alphabet Inc-cl A | — | NEW | 新建倉 |
| 49 | IONS | Ionis Pharmaceuticals Inc | — | NEW | 新建倉 |
| 50 | SNY | Sanofi-adr | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Mitchell & Pahl Private Wealth, LLC 在 Q3 2025 季度的美股持倉總市值約為 US$2.7億，共申報了 144 個公開持股部位。
在 Q3 2025 季度，Mitchell & Pahl Private Wealth, LLC 按市值排列的前三大核心持股分別為：MSFT (3.4%)、AVGO (3.4%)、AAPL (3.2%)。其中最大持股部位 MSFT 佔據整體投資組合約 3.4% 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
GOOGL
市值: US$24.2萬
本季最大獲利了結 / 清倉標的
0VVB
前期市值: US$62.1萬
在 Q3 2025 季度中，Mitchell & Pahl Private Wealth, LLC 共進行了 48 項持倉異動，包含新建倉 2 個部位、加碼 38 個部位、減碼 5 個部位以及清倉 3 個部位。 其中最大新建倉標的為 GOOGL。 本季清倉部位包含 0VVB。
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。