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: 0000938759
申報總市值
US$4.4億
US$4.4億
117 檔
17.1%
在 Q2 2025 申報期間，Monarch Capital Management Inc（CIK: 0000938759）向美國 SEC 提交的 Form 13F 報告顯示，其追蹤之股票投資組合總市值達 US$4.4億，共持有 117 個公開申報部位。
Monarch Capital Management Inc 於 Q2 2025 展現出進攻型調倉步調，本季推動了 3 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。
在資產配置集中度方面，Monarch Capital Management Inc 的前 5 大核心持股（包含 MSFT, AAPL, WMT 等）合計佔整體申報市值的 17.1%，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 | MSFT | Microsoft CORP | 股票-科技 | 6.57% | -0.21% | -1.96% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 3.69% | +0.16% | +4.56% | |
| 3 | WMT | Walmart Inc | 股票-非循環性消費 | 3.49% | -0.62% | -4.32% | |
| 4 | HD | Home Depot Inc | 股票-循環性消費 | 3.30% | -0.01% | +0.25% | |
| 5 | MCD | Mcdonald's CORP | 股票-循環性消費 | 2.99% | -0.55% | -1.94% | |
| 6 | ADP | Automatic Data Processing | 股票-科技 | 2.94% | +0.06% | -1.38% | |
| 7 | KR | Kroger Co | 股票-非循環性消費 | 2.75% | -0.68% | -0.20% | |
| 8 | CSCO | Cisco Systems Inc | 股票-科技 | 2.62% | +0.91% | +0.16% | |
| 9 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 2.61% | -0.04% | +2.24% | |
| 10 | ABBV | Abbvie Inc | 股票-醫療保健 | 2.56% | +0.23% | +0.06% | |
| 11 | JNJ | Johnson & Johnson | 股票-醫療保健 | 2.55% | -0.14% | +0.69% | |
| 12 | LKFN | Lakeland Financial CORP | 股票-其他 | 2.55% | — | +1.13% | |
| 13 | FELE | Franklin Electric Co Inc | 股票-工業 | 2.35% | +0.14% | +0.69% | |
| 14 | PWR | Quanta Services Inc | 股票-工業 | 2.20% | +0.23% | -5.98% | |
| 15 | EMR | Emerson Electric Co | 股票-工業 | 2.12% | +0.04% | -4.73% | |
| 16 | ABT | Abbott Laboratories | 股票-醫療保健 | 1.96% | -0.20% | -1.93% | |
| 17 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 1.95% | -0.09% | -1.15% | |
| 18 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 1.89% | +0.37% | +2.79% | |
| 19 | KO | Coca-cola Co/the | 股票-非循環性消費 | 1.86% | -0.03% | -4.53% | |
| 20 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.71% | +0.07% | -2.44% | |
| 21 | AFL | Aflac Inc | 股票-金融 | 1.67% | -0.02% | -0.41% | |
| 22 | USB | US Bancorp | 股票-金融 | 1.64% | +0.12% | +2.78% | |
| 23 | SYK | Stryker CORP | 股票-醫療保健 | 1.53% | -0.02% | -3.26% | |
| 24 | XOM | Exxon Mobil CORP | 股票-能源 | 1.49% | -0.57% | +1.81% | |
| 25 | MDT | Medtronic plc | 股票-醫療保健 | 1.45% | -0.18% | +0.65% | |
| 26 | ACN | Accenture plc | 股票-科技 | 1.43% | -0.34% | +2.65% | |
| 27 | FISV | Fiserv Inc | 股票-其他 | 1.40% | +0.02% | +4.10% | |
| 28 | GILD | Gilead Sciences Inc | 股票-醫療保健 | 1.33% | -0.19% | -0.09% | |
| 29 | MMM | 3m Co | 股票-工業 | 1.26% | +0.05% | -0.89% | |
| 30 | FFIV | F5 Inc | 股票-科技 | 1.19% | +0.32% | +1.83% | |
| 31 | SYY | Sysco CORP | 股票-非循環性消費 | 1.18% | +0.10% | -1.01% | |
| 32 | CINF | Cincinnati Financial CORP | 股票-金融 | 1.13% | +0.10% | -0.35% | |
| 33 | GPC | Genuine Parts Co | 股票-循環性消費 | 1.10% | +0.08% | +4.69% | |
| 34 | NEE | Nextera Energy Inc | 股票-公用事業 | 1.09% | -0.16% | +1.32% | |
| 35 | STLD | Steel Dynamics Inc | 股票-原物料 | 1.08% | +0.11% | +2.62% | |
| 36 | APD | Air Products & Chemicals Inc | 股票-原物料 | 0.95% | -0.06% | +5.87% | |
| 37 | ZBH | Zimmer Biomet Holdings Inc | 股票-醫療保健 | 0.86% | -0.08% | +2.02% | |
| 38 | UPS | United Parcel Service-cl B | 股票-工業 | 0.81% | +0.03% | +0.06% | |
| 39 | 35Y | Corecard CORP | 股票-其他 | 0.79% | — | +3.44% | |
| 40 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 0.79% | +0.13% | -1.86% | |
| 41 | PFE | Pfizer Inc | 股票-醫療保健 | 0.78% | -0.16% | +3.75% | |
| 42 | CARR | Carrier Global CORP | 股票-工業 | 0.77% | +0.14% | +2.13% | |
| 43 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.75% | -0.02% | +0.57% | |
| 44 | VWO | Vanguard Ftse Emerging Marke | ETF-新興市場 | 0.73% | +0.04% | -0.67% | |
| 45 | FLS | Flowserve CORP | 股票-工業 | 0.70% | -0.04% | +4.48% | |
| 46 | VTIP | Vanguard Short-term Tips | ETF-其他 | 0.69% | -0.06% | -3.61% | |
| 47 | DIS | Walt Disney Co/the | 股票-通訊服務 | 0.68% | -0.03% | -3.02% | |
| 48 | RTX | Rtx CORP | 股票-工業 | 0.65% | -0.07% | -0.30% | |
| 49 | GE | General Electric | 股票-工業 | 0.59% | +0.08% | -8.85% | |
| 50 | CB | Chubb Limited | 股票-金融 | 0.56% | +0.01% | +3.11% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | MSFT | Microsoft CORP | +1.3% | -1.96% | 減碼 |
| 2 | PWR | Quanta Services Inc | +0.6% | -5.98% | 減碼 |
| 3 | 35Y | Corecard CORP | +0.3% | +3.44% | 加碼 |
| 4 | EMR | Emerson Electric Co | +0.2% | -4.73% | 減碼 |
| 5 | GOOG | Alphabet Inc-cl C | +0.2% | +2.79% | 加碼 |
| 6 | CSCO | Cisco Systems Inc | +0.2% | +0.16% | 加碼 |
| 7 | JPM | Jpmorgan Chase & Co | +0.2% | -2.44% | 減碼 |
| 8 | DG | Dollar General CORP | +0.1% | +4.23% | 加碼 |
| 9 | FFIV | F5 Inc | +0.1% | +1.83% | 加碼 |
| 10 | DIS | Walt Disney Co/the | +0.1% | -3.02% | 減碼 |
| 11 | CARR | Carrier Global CORP | +0.1% | +2.13% | 加碼 |
| 12 | GEV | GE Vernova Inc | +0.1% | -8.31% | 減碼 |
| 13 | NVDA | Nvidia CORP | +0.1% | NEW | 新建倉 |
| 14 | WMT | Walmart Inc | +0.1% | -4.32% | 減碼 |
| 15 | USB | US Bancorp | +0.1% | +2.78% | 加碼 |
| 16 | RCI | Rogers Communications Inc-b | +0.1% | +13.27% | 加碼 |
| 17 | REGN | Regeneron Pharmaceuticals | +0.1% | +67.02% | 加碼 |
| 18 | SMG | Scotts Miracle-gro Co | +0.1% | +6.20% | 加碼 |
| 19 | ORCL | Oracle CORP | +0.1% | — | 不變 |
| 20 | GE | General Electric | +0.1% | -8.85% | 減碼 |
| 21 | KR | Kroger Co | +0.1% | -0.20% | 減碼 |
| 22 | GOOGL | Alphabet Inc-cl A | +0.1% | -1.86% | 減碼 |
| 23 | TXN | Texas Instruments Inc | +0.1% | NEW | 新建倉 |
| 24 | IWM | Ishares Russell 2000 ETF | +0.1% | NEW | 新建倉 |
| 25 | FLS | Flowserve CORP | +0.1% | +4.48% | 加碼 |
| 26 | ADM | Archer-daniels-midland Co | +0.1% | +19.92% | 加碼 |
| 27 | AMZN | Amazon.com Inc | +0.1% | +28.21% | 加碼 |
| 28 | LKFN | Lakeland Financial CORP | 0% | +1.13% | 加碼 |
| 29 | GPC | Genuine Parts Co | 0% | +4.69% | 加碼 |
| 30 | RTX | Rtx CORP | 0% | -0.30% | 減碼 |
| 31 | VWO | Vanguard Ftse Emerging Marke | 0% | -0.67% | 減碼 |
| 32 | LMT | Lockheed Martin CORP | 0% | +10.98% | 加碼 |
| 33 | STLD | Steel Dynamics Inc | 0% | +2.62% | 加碼 |
| 34 | STZ | Constellation Brands Inc-a | -0.1% | EXIT | 清倉 |
| 35 | CVX | Chevron CORP | -0.1% | +1.92% | 加碼 |
| 36 | UPS | United Parcel Service-cl B | -0.1% | +0.06% | 加碼 |
| 37 | BRK-B | Berkshire Hathaway Inc-cl B | -0.1% | +0.57% | 加碼 |
| 38 | BMY | Bristol-myers Squibb Co | -0.1% | +0.19% | 加碼 |
| 39 | AFL | Aflac Inc | -0.2% | -0.41% | 減碼 |
| 40 | FELE | Franklin Electric Co Inc | -0.2% | +0.69% | 加碼 |
| 41 | XOM | Exxon Mobil CORP | -0.2% | +1.81% | 加碼 |
| 42 | KO | Coca-cola Co/the | -0.2% | -4.53% | 減碼 |
| 43 | ZBH | Zimmer Biomet Holdings Inc | -0.2% | +2.02% | 加碼 |
| 44 | PG | Procter & Gamble Co/the | -0.2% | -1.15% | 減碼 |
| 45 | AAPL | Apple Inc | -0.3% | +4.56% | 加碼 |
| 46 | JNJ | Johnson & Johnson | -0.3% | +0.69% | 加碼 |
| 47 | MRK | Merck & Co. Inc. | -0.4% | +2.24% | 加碼 |
| 48 | FISV | Fiserv Inc | -0.4% | +4.10% | 加碼 |
| 49 | MCD | Mcdonald's CORP | -0.4% | -1.94% | 減碼 |
| 50 | ABBV | Abbvie Inc | -0.4% | +0.06% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Monarch Capital Management Inc 在 Q2 2025 季度的美股持倉總市值約為 US$4.4億，共申報了 117 個公開持股部位。
在 Q2 2025 季度，Monarch Capital Management Inc 按市值排列的前三大核心持股分別為：MSFT (6.6%)、AAPL (3.7%)、WMT (3.5%)。其中最大持股部位 MSFT 佔據整體投資組合約 6.6% 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
NVDA
市值: US$36.1萬
本季最大獲利了結 / 清倉標的
STZ
前期市值: US$21.3萬
在 Q2 2025 季度中，Monarch Capital Management Inc 共進行了 49 項持倉異動，包含新建倉 3 個部位、加碼 29 個部位、減碼 16 個部位以及清倉 1 個部位。 其中最大新建倉標的為 NVDA。 本季清倉部位包含 STZ。
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。