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: 0001461287
申報總市值
US$14.5億
US$14.5億
160 檔
23.4%
Narwhal Capital Management 在 Q3 2024 季度的美股部位總計估值為 US$14.5億，分散於 160 個持倉標的之中，反映其市場參與廣度與投資規模。
Q3 2024 數據顯示 Narwhal Capital Management 積極進場，新開立 1 個部位並同步加碼 30 檔個股，反映機構在該季度的資金注入與籌碼積累。
從部位權重觀察，前 5 大標的（包含 IVV, MSFT, NVDA）累計市值佔比達 23.4%，是驅動 Narwhal Capital Management 該季度整體投資組合績效表現的核心支柱。
| # | 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 | IVV | Ishares Core S&p 500 ETF | ETF-大型股與成長 | 8.07% | +0.77% | +1.11% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 6.14% | -0.30% | +0.94% | |
| 3 | NVDA | Nvidia CORP | 股票-科技 | 5.96% | +0.46% | +5.08% | |
| 4 | AAPL | Apple Inc | 股票-科技 | 5.80% | +0.37% | +2.48% | |
| 5 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 4.54% | +0.76% | +3.51% | |
| 6 | AMZN | Amazon.com Inc | 股票-循環性消費 | 3.52% | +0.36% | +6.39% | |
| 7 | IAU | Ishares Gold Trust | ETF-避險與商品 | 3.05% | -0.87% | -0.13% | |
| 8 | VMC | Vulcan Materials Co | 股票-原物料 | 2.82% | +0.02% | +2.51% | |
| 9 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 2.58% | -0.21% | +9.69% | |
| 10 | JPM | Jpmorgan Chase & Co | 股票-金融 | 2.53% | +0.11% | +2.49% | |
| 11 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 2.25% | +0.04% | -6.15% | |
| 12 | HD | Home Depot Inc | 股票-循環性消費 | 2.24% | -0.05% | +4.58% | |
| 13 | LLY | Eli Lilly & Co | 股票-醫療保健 | 1.71% | +0.23% | +18.93% | |
| 14 | IVE | Ishares S&p 500 Value ETF | ETF-大型股與成長 | 1.60% | — | -0.00% | |
| 15 | GS | Goldman Sachs Group Inc | 股票-金融 | 1.54% | +0.12% | -4.52% | |
| 16 | LMT | Lockheed Martin CORP | 股票-工業 | 1.51% | -0.55% | -2.62% | |
| 17 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 1.45% | -0.11% | +12.29% | |
| 18 | QCOM | Qualcomm Inc | 股票-科技 | 1.43% | +0.30% | +52.73% | |
| 19 | JNJ | Johnson & Johnson | 股票-醫療保健 | 1.43% | -0.06% | -12.69% | |
| 20 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 1.42% | -0.08% | +2.34% | |
| 21 | AXP | American Express Co | 股票-金融 | 1.25% | +0.10% | -7.21% | |
| 22 | NEE | Nextera Energy Inc | 股票-公用事業 | 1.20% | -0.24% | +11.79% | |
| 23 | V | Visa Inc-class A Shares | 股票-金融 | 1.14% | -0.11% | +31.38% | |
| 24 | IWF | Ishares Russell 1000 Growth | ETF-其他 | 1.05% | +0.09% | -0.11% | |
| 25 | LHX | L3harris Technologies Inc | 股票-工業 | 1.04% | -0.38% | -0.80% | |
| 26 | XOM | Exxon Mobil CORP | 股票-能源 | 1.02% | -0.44% | -6.54% | |
| 27 | GD | General Dynamics CORP | 股票-工業 | 1.02% | -0.02% | +6.64% | |
| 28 | ADI | Analog Devices Inc | 股票-科技 | 0.93% | +0.30% | +15.60% | |
| 29 | BTT | Blackrock 2030 Muni Trgt Trm | 股票-其他 | 0.91% | -0.60% | EXIT | |
| 30 | NOC | Northrop Grumman CORP | 股票-工業 | 0.89% | -0.26% | -0.48% | |
| 31 | HCA | Hca Healthcare Inc | 股票-醫療保健 | 0.85% | -0.22% | -14.88% | |
| 32 | PM | Philip Morris International | 股票-非循環性消費 | 0.85% | -0.06% | -22.41% | |
| 33 | PEP | Pepsico Inc | 股票-非循環性消費 | 0.83% | -0.23% | +16.01% | |
| 34 | CAT | Caterpillar Inc | 股票-工業 | 0.79% | +0.42% | -11.36% | |
| 35 | STZ | Constellation Brands Inc-a | 股票-非循環性消費 | 0.78% | -0.01% | +49.00% | |
| 36 | CINF | Cincinnati Financial CORP | 股票-金融 | 0.77% | +0.05% | -20.94% | |
| 37 | RTX | Rtx CORP | 股票-工業 | 0.73% | +0.02% | -0.74% | |
| 38 | GGG | Graco Inc | 股票-工業 | 0.73% | +0.05% | +28.96% | |
| 39 | CP | Canadian Pacific Kansas City | 股票-工業 | 0.73% | +0.10% | +29.58% | |
| 40 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.70% | -0.04% | -1.77% | |
| 41 | CSCO | Cisco Systems Inc | 股票-科技 | 0.69% | +0.48% | -30.25% | |
| 42 | BX | Blackstone Inc | 股票-金融 | 0.68% | -0.10% | -0.50% | |
| 43 | ENTG | Entegris Inc | 股票-科技 | 0.63% | +0.19% | +15.20% | |
| 44 | MLR | Miller Industries Inc/tenn | 股票-其他 | 0.62% | — | +31.16% | |
| 45 | VLO | Valero Energy CORP | 股票-能源 | 0.60% | -0.02% | -6.73% | |
| 46 | NVS | Novartis Ag-sponsored Adr | 股票-醫療保健 | 0.56% | -0.02% | -0.17% | |
| 47 | CRH | CRH plc | 股票-原物料 | 0.54% | -0.01% | +29.28% | |
| 48 | APY1EUR | Championx CORP | 股票-其他 | 0.53% | — | +17.93% | |
| 49 | TGT | Target CORP | 股票-循環性消費 | 0.51% | — | +13.93% | |
| 50 | IVW | Ishares S&p 500 Growth ETF | ETF-大型股與成長 | 0.48% | +0.06% | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | AAPL | Apple Inc | +0.4% | +2.48% | 加碼 |
| 2 | META | Meta Platforms Inc-class A | +0.4% | +9.69% | 加碼 |
| 3 | HD | Home Depot Inc | +0.3% | +4.58% | 加碼 |
| 4 | QCOM | Qualcomm Inc | +0.3% | +52.73% | 加碼 |
| 5 | V | Visa Inc-class A Shares | +0.3% | +31.38% | 加碼 |
| 6 | NEE | Nextera Energy Inc | +0.3% | +11.79% | 加碼 |
| 7 | RH | Rh | +0.2% | +131.79% | 加碼 |
| 8 | STZ | Constellation Brands Inc-a | +0.2% | +49.00% | 加碼 |
| 9 | IAU | Ishares Gold Trust | +0.2% | -0.13% | 減碼 |
| 10 | LMT | Lockheed Martin CORP | +0.2% | -2.62% | 減碼 |
| 11 | GGG | Graco Inc | +0.2% | +28.96% | 加碼 |
| 12 | CP | Canadian Pacific Kansas City | +0.2% | +29.58% | 加碼 |
| 13 | CRH | CRH plc | +0.2% | +29.28% | 加碼 |
| 14 | LLY | Eli Lilly & Co | +0.2% | +18.93% | 加碼 |
| 15 | MLR | Miller Industries Inc/tenn | +0.2% | +31.16% | 加碼 |
| 16 | VOO | Vanguard S&p 500 ETF | +0.2% | NEW | 新建倉 |
| 17 | MLI | Mueller Industries Inc | +0.1% | +114.15% | 加碼 |
| 18 | IVV | Ishares Core S&p 500 ETF | +0.1% | +1.11% | 加碼 |
| 19 | NOC | Northrop Grumman CORP | +0.1% | -0.48% | 減碼 |
| 20 | PEP | Pepsico Inc | +0.1% | +16.01% | 加碼 |
| 21 | BX | Blackstone Inc | +0.1% | -0.50% | 減碼 |
| 22 | ADI | Analog Devices Inc | +0.1% | +15.60% | 加碼 |
| 23 | RTX | Rtx CORP | +0.1% | -0.74% | 減碼 |
| 24 | DHI | Dr Horton Inc | +0.1% | +179.61% | 加碼 |
| 25 | CEG | Constellation Energy | +0.1% | — | 不變 |
| 26 | LULU | Lululemon Athletica Inc | +0.1% | +416.03% | 加碼 |
| 27 | TGT | Target CORP | +0.1% | +13.93% | 加碼 |
| 28 | MTBA | Simplify Mbs ETF | +0.1% | +42.88% | 加碼 |
| 29 | UNH | Unitedhealth Group Inc | +0.1% | -6.15% | 減碼 |
| 30 | GD | General Dynamics CORP | +0.1% | +6.64% | 加碼 |
| 31 | AXP | American Express Co | +0.1% | -7.21% | 減碼 |
| 32 | GRMN | Garmin Ltd. | +0.1% | +15.80% | 加碼 |
| 33 | JPM | Jpmorgan Chase & Co | 0% | +2.49% | 加碼 |
| 34 | IVE | Ishares S&p 500 Value ETF | 0% | -0.00% | 減碼 |
| 35 | PG | Procter & Gamble Co/the | 0% | +2.34% | 加碼 |
| 36 | VMC | Vulcan Materials Co | -0.1% | +2.51% | 加碼 |
| 37 | PFE | Pfizer Inc | -0.1% | -58.43% | 減碼 |
| 38 | AMZN | Amazon.com Inc | -0.1% | +6.39% | 加碼 |
| 39 | VAW | Vanguard Materials ETF | -0.1% | -26.01% | 減碼 |
| 40 | NVDA | Nvidia CORP | -0.1% | +5.08% | 加碼 |
| 41 | CINF | Cincinnati Financial CORP | -0.1% | -20.94% | 減碼 |
| 42 | DIS | Walt Disney Co/the | -0.2% | -29.26% | 減碼 |
| 43 | VLO | Valero Energy CORP | -0.2% | -6.73% | 減碼 |
| 44 | BA | Boeing Co/the | -0.2% | -78.47% | 減碼 |
| 45 | ELV | Elevance Health Inc | -0.2% | -39.78% | 減碼 |
| 46 | CSCO | Cisco Systems Inc | -0.2% | -30.25% | 減碼 |
| 47 | ADBE | Adobe Inc | -0.3% | -28.27% | 減碼 |
| 48 | MSFT | Microsoft CORP | -0.5% | +0.94% | 加碼 |
| 49 | GOOG | Alphabet Inc-cl C | -0.5% | +3.51% | 加碼 |
| 50 | BLKCHF | Blackrock Inc | -1.6% | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Narwhal Capital Management 在 Q3 2024 季度的美股持倉總市值約為 US$14.5億，共申報了 160 個公開持股部位。
在 Q3 2024 季度，Narwhal Capital Management 按市值排列的前三大核心持股分別為：IVV (8.1%)、MSFT (6.1%)、NVDA (6.0%)。其中最大持股部位 IVV 佔據整體投資組合約 8.1% 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
VOO
市值: US$180.9萬
本季最大獲利了結 / 清倉標的
BLKCHF
前期市值: US$1635.7萬
在 Q3 2024 季度中，Narwhal Capital Management 共進行了 49 項持倉異動，包含新建倉 1 個部位、加碼 30 個部位、減碼 17 個部位以及清倉 1 個部位。 其中最大新建倉標的為 VOO。 本季清倉部位包含 BLKCHF。
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。