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: 0001965334
申報總市值
US$36.4億
US$36.4億
485 檔
7.9%
Q4 2025 季度申報顯示，Moran Wealth Management, LLC 揭露的美股組合總市值為 US$36.4億，涵蓋 485 個不同之權益投資部位。
Moran Wealth Management, LLC 在 Q4 2025 進行了結構性的板塊輪動與部位換股。在開立 24 個全新部位及加碼 72 檔持股的同時，亦同步清倉 26 檔並減碼 78 檔標的。
整體而言，Moran Wealth Management, LLC 的前 5 大持股（包含 AVGO, PH, NVDA）貢獻了組合市值的 7.9%，形成該機構在 Q4 2025 季度的基本面基石。
僅顯示前 200 大持股（共 485 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 | AVGO | Broadcom Inc | 股票-科技 | 2.18% | -0.11% | -10.11% | |
| 2 | PH | Parker Hannifin CORP | 股票-工業 | 1.97% | -0.20% | -8.69% | |
| 3 | NVDA | Nvidia CORP | 股票-科技 | 1.81% | +0.76% | -0.49% | |
| 4 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 1.46% | -0.05% | -10.67% | |
| 5 | MSFT | Microsoft CORP | 股票-科技 | 1.44% | +0.43% | -9.52% | |
| 6 | TT | Trane Technologies plc | 股票-工業 | 1.42% | -0.11% | -6.16% | |
| 7 | PGR | Progressive CORP | 股票-金融 | 1.18% | -0.01% | +26.53% | |
| 8 | CDNS | Cadence Design Sys Inc | 股票-科技 | 1.16% | -0.10% | -13.92% | |
| 9 | GRMN | Garmin Ltd. | 股票-科技 | 1.13% | +0.10% | -5.38% | |
| 10 | HWM | Howmet Aerospace Inc | 股票-工業 | 1.11% | -0.23% | -17.29% | |
| 11 | WSM | Williams-sonoma Inc | 股票-循環性消費 | 1.08% | -0.03% | -6.92% | |
| 12 | AMP | Ameriprise Financial Inc | 股票-金融 | 1.01% | +0.08% | -3.05% | |
| 13 | CAT | Caterpillar Inc | 股票-工業 | 0.98% | -0.27% | -6.28% | |
| 14 | EOG | Eog Resources Inc | 股票-能源 | 0.93% | +0.06% | +6.31% | |
| 15 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.88% | +0.04% | +0.08% | |
| 16 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 0.87% | +0.01% | -4.17% | |
| 17 | APH | Amphenol Corp-cl A | 股票-科技 | 0.85% | -0.03% | -1.84% | |
| 18 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.83% | -0.08% | -15.47% | |
| 19 | FIX | Comfort Systems USA Inc | 股票-工業 | 0.81% | -0.08% | +33.98% | |
| 20 | NTAP | Netapp Inc | 股票-科技 | 0.80% | +0.28% | -10.50% | |
| 21 | PCAR | Paccar Inc | 股票-工業 | 0.80% | -0.36% | -3.21% | |
| 22 | T | At&t Inc | 股票-通訊服務 | 0.78% | +0.09% | -0.11% | |
| 23 | FDX | Fedex CORP | 股票-工業 | 0.78% | -0.04% | -4.65% | |
| 24 | ZTS | Zoetis Inc | 股票-醫療保健 | 0.78% | +0.06% | +205.70% | |
| 25 | LIN | Linde plc | 股票-原物料 | 0.78% | -0.05% | -11.77% | |
| 26 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.76% | -0.08% | +10.31% | |
| 27 | ANET | Arista Networks Inc | 股票-科技 | 0.75% | +0.15% | -2.49% | |
| 28 | PAG | Penske Automotive Group Inc | 股票-循環性消費 | 0.72% | -0.50% | -2.60% | |
| 29 | INTU | Intuit Inc | 股票-科技 | 0.71% | — | -3.03% | |
| 30 | AXP | American Express Co | 股票-金融 | 0.69% | -0.05% | -4.98% | |
| 31 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.69% | +0.22% | +8.73% | |
| 32 | LMT | Lockheed Martin CORP | 股票-工業 | 0.69% | +0.02% | -3.66% | |
| 33 | RSG | Republic Services Inc | 股票-工業 | 0.68% | — | +24.39% | |
| 34 | V | Visa Inc-class A Shares | 股票-金融 | 0.68% | +0.05% | +11.12% | |
| 35 | COR | Cencora Inc | 股票-醫療保健 | 0.68% | +0.03% | -7.12% | |
| 36 | AFL | Aflac Inc | 股票-金融 | 0.67% | — | -2.87% | |
| 37 | BX | Blackstone Inc | 股票-金融 | 0.67% | -0.01% | -3.03% | |
| 38 | CSCO | Cisco Systems Inc | 股票-科技 | 0.65% | -0.05% | -6.15% | |
| 39 | TXN | Texas Instruments Inc | 股票-科技 | 0.64% | -0.04% | -2.22% | |
| 40 | SPOT | Spotify Technology S.A. | 股票-通訊服務 | 0.63% | +0.03% | -0.85% | |
| 41 | PHM | Pultegroup Inc | 股票-循環性消費 | 0.61% | -0.07% | -3.17% | |
| 42 | ETN | Eaton Corporation plc | 股票-工業 | 0.60% | +0.02% | -3.47% | |
| 43 | MCK | Mckesson CORP | 股票-醫療保健 | 0.59% | +0.07% | +2.36% | |
| 44 | AMZN | Amazon.com Inc | 股票-循環性消費 | 0.59% | +0.08% | +14.80% | |
| 45 | SSNC | Ss&c Technologies Holdings | 股票-科技 | 0.59% | +0.09% | -4.81% | |
| 46 | PWR | Quanta Services Inc | 股票-工業 | 0.57% | -0.05% | -8.54% | |
| 47 | WMT | Walmart Inc | 股票-非循環性消費 | 0.56% | -0.04% | +1.65% | |
| 48 | DGX | Quest Diagnostics Inc | 股票-醫療保健 | 0.55% | +0.07% | -1.03% | |
| 49 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.55% | — | -3.29% | |
| 50 | CME | Cme Group Inc | 股票-金融 | 0.54% | +0.29% | -12.09% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | ZTS | Zoetis Inc | +0.5% | +205.70% | 加碼 |
| 2 | SBAC | Sba Communications CORP | +0.3% | +157.64% | 加碼 |
| 3 | FIX | Comfort Systems USA Inc | +0.3% | +33.98% | 加碼 |
| 4 | ACWI | Ishares Msci Acwi ETF | +0.3% | +561.15% | 加碼 |
| 5 | CCL1EUR | Carnival CORP LTD | +0.3% | +2940.90% | 加碼 |
| 6 | CTSH | Cognizant Tech Solutions-a | +0.2% | +2327.19% | 加碼 |
| 7 | CI | THE Cigna Group | +0.2% | +187.51% | 加碼 |
| 8 | ELV | Elevance Health Inc | +0.2% | +154.81% | 加碼 |
| 9 | MRK | Merck & Co. Inc. | +0.2% | +10.31% | 加碼 |
| 10 | EWK | Ishares Msci Belgium ETF | +0.2% | +388.10% | 加碼 |
| 11 | PGR | Progressive CORP | +0.2% | +26.53% | 加碼 |
| 12 | GOOGL | Alphabet Inc-cl A | +0.2% | -4.17% | 減碼 |
| 13 | CMG | Chipotle Mexican Grill Inc | +0.2% | +56.02% | 加碼 |
| 14 | PH | Parker Hannifin CORP | +0.1% | -8.69% | 減碼 |
| 15 | LULU | Lululemon Athletica Inc | +0.1% | +139.62% | 加碼 |
| 16 | LRCX | Lam Research CORP | +0.1% | +6.35% | 加碼 |
| 17 | CAT | Caterpillar Inc | +0.1% | -6.28% | 減碼 |
| 18 | JKHY | Jack Henry & Associates Inc | +0.1% | +573.18% | 加碼 |
| 19 | UHS | Universal Health Services-b | +0.1% | +45.24% | 加碼 |
| 20 | FDX | Fedex CORP | +0.1% | -4.65% | 減碼 |
| 21 | LLY | Eli Lilly & Co | +0.1% | +3.53% | 加碼 |
| 22 | CPAY | Corpay Inc | +0.1% | +115.96% | 加碼 |
| 23 | AMZN | Amazon.com Inc | +0.1% | +14.80% | 加碼 |
| 24 | PRI | Primerica Inc | +0.1% | +168.58% | 加碼 |
| 25 | LKQ | Lkq CORP | +0.1% | +156.55% | 加碼 |
| 26 | RSG | Republic Services Inc | +0.1% | +24.39% | 加碼 |
| 27 | V | Visa Inc-class A Shares | +0.1% | +11.12% | 加碼 |
| 28 | TM | Toyota Motor CORP -spon Adr | +0.1% | +60.20% | 加碼 |
| 29 | PPC | Pilgrim's Pride CORP | +0.1% | +97.55% | 加碼 |
| 30 | HD | Home Depot Inc | +0.1% | +48.18% | 加碼 |
| 31 | AAPL | Apple Inc | +0.1% | +16.61% | 加碼 |
| 32 | SE | Sea Ltd-adr | +0.1% | +338.51% | 加碼 |
| 33 | DUSB | Dimension Ultrashort Fi ETF | +0.1% | +41.46% | 加碼 |
| 34 | DXCM | Dexcom Inc | +0.1% | +26.53% | 加碼 |
| 35 | FANG | Diamondback Energy Inc | +0.1% | +46.55% | 加碼 |
| 36 | GOOG | Alphabet Inc-cl C | +0.1% | -15.47% | 減碼 |
| 37 | EQIX | Equinix Inc | +0.1% | +1047.96% | 加碼 |
| 38 | ASTS | Ast Spacemobile Inc | +0.1% | +9.38% | 加碼 |
| 39 | MUFG | Mitsubishi Ufj Finl-spon Adr | +0.1% | +37.57% | 加碼 |
| 40 | SF | Stifel Financial CORP | +0.1% | +2.57% | 加碼 |
| 41 | RIO | Rio Tinto Plc-spon Adr | +0.1% | +6.83% | 加碼 |
| 42 | PCAR | Paccar Inc | +0.1% | -3.21% | 減碼 |
| 43 | APH | Amphenol Corp-cl A | +0.1% | -1.84% | 減碼 |
| 44 | FMS | Fresenius Medical Care-adr | +0.1% | +67.36% | 加碼 |
| 45 | SMFG | Sumitomo Mitsui-spons Adr | +0.1% | +18.51% | 加碼 |
| 46 | AMAT | Applied Materials Inc | +0.1% | -10.05% | 減碼 |
| 47 | GFF | Griffon CORP | +0.1% | +97.44% | 加碼 |
| 48 | ODFL | Old Dominion Freight Line | +0.1% | +32.76% | 加碼 |
| 49 | WRB | Wr Berkley CORP | +0.1% | +27.39% | 加碼 |
| 50 | AMD | Advanced Micro Devices | +0.1% | +12.80% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Moran Wealth Management, LLC 在 Q4 2025 季度的美股持倉總市值約為 US$36.4億，共申報了 485 個公開持股部位。
在 Q4 2025 季度，Moran Wealth Management, LLC 按市值排列的前三大核心持股分別為：AVGO (2.2%)、PH (2.0%)、NVDA (1.8%)。其中最大持股部位 AVGO 佔據整體投資組合約 2.2% 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
GIS
市值: US$1103.4萬
本季最大獲利了結 / 清倉標的
NOBL
前期市值: US$2878.8萬
在 Q4 2025 季度中，Moran Wealth Management, LLC 共進行了 200 項持倉異動，包含新建倉 24 個部位、加碼 72 個部位、減碼 78 個部位以及清倉 26 個部位。 其中最大新建倉標的為 GIS。 本季清倉部位包含 NOBL。
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。