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: 0001274981
申報總市值
US$248.4億
US$248.4億
1038 檔
26.6%
根據最新整理的 13F 季度數據集，Natixis 於 Q3 2025 結束時的管理資產規模為 US$248.4億。該機構在本季度申報了 1038 檔美股持倉，呈現出該時期的主要投資地圖。
觀察 Q3 2025 的申報異動，Natixis 採取了強勁的買進策略，建倉與加碼動作（合計 128 筆）涵蓋多個核心板塊，展現機構對特定產業前景之樂觀態度。
檢視投資組合結構，前 5 大主力部位（包含 NVDA, AVGO, TSLA）占據了總市值的 26.6%，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 1038 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 | 13.83% | -2.61% | -38.62% | |
| 2 | AVGO | Broadcom Inc | 股票-科技 | 4.57% | -0.25% | +206.26% | |
| 3 | TSLA | Tesla Inc | 股票-循環性消費 | 4.49% | -0.43% | -21.82% | |
| 4 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 4.21% | +0.80% | +80.00% | |
| 5 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 3.83% | -0.83% | -24.01% | |
| 6 | MSFT | Microsoft CORP | 股票-科技 | 3.61% | -0.93% | -43.56% | |
| 7 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 3.12% | +1.66% | +5.91% | |
| 8 | AAPL | Apple Inc | 股票-科技 | 2.30% | -1.13% | -76.14% | |
| 9 | COIN | Coinbase Global Inc -class A | 股票-金融 | 2.16% | +0.08% | +9.48% | |
| 10 | MSTR | Strategy Inc | 股票-科技 | 1.51% | -0.01% | -24.57% | |
| 11 | ET | Energy Transfer LP | 股票-能源 | 1.41% | +0.17% | +0.62% | |
| 12 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.21% | -1.05% | -30.42% | |
| 13 | AMZN | Amazon.com Inc | 股票-循環性消費 | 1.04% | -1.35% | -34.34% | |
| 14 | IWM | Ishares Russell 2000 ETF | ETF-中小型股 | 0.94% | +0.44% | +47.79% | |
| 15 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.92% | +0.53% | +66.32% | |
| 16 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.87% | +0.31% | +0.94% | |
| 17 | CSCO | Cisco Systems Inc | 股票-科技 | 0.69% | +0.38% | -40.43% | |
| 18 | XLF | Ss Financial Select Sector | ETF-其他 | 0.63% | +0.09% | +38407.92% | |
| 19 | FXI | Ishares China Large-cap ETF | ETF-新興市場 | 0.58% | +0.01% | -39.70% | |
| 20 | XHB | Ss Spdr S&p Homebldrs ETF | ETF-其他 | 0.57% | +0.03% | +0.02% | |
| 21 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 0.56% | -0.34% | -7.87% | |
| 22 | CRM | Salesforce Inc | 股票-科技 | 0.54% | -0.11% | +69.99% | |
| 23 | GE | General Electric | 股票-工業 | 0.53% | +0.06% | +67.06% | |
| 24 | EQIX | Equinix Inc | 股票-房地產 | 0.51% | -0.12% | +8.96% | |
| 25 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.49% | -0.20% | EXIT | |
| 26 | ELV | Elevance Health Inc | 股票-醫療保健 | 0.46% | -0.13% | EXIT | |
| 27 | HD | Home Depot Inc | 股票-循環性消費 | 0.45% | -0.09% | — | |
| 28 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 0.43% | +0.21% | -82.39% | |
| 29 | PLD | Prologis Inc | 股票-房地產 | 0.43% | +0.31% | +1413.14% | |
| 30 | MU | Micron Technology Inc | 股票-科技 | 0.42% | +1.19% | +36.77% | |
| 31 | ABT | Abbott Laboratories | 股票-醫療保健 | 0.42% | -0.22% | +96.42% | |
| 32 | TMO | Thermo Fisher Scientific Inc | 股票-醫療保健 | 0.41% | +0.37% | +215.71% | |
| 33 | MA | Mastercard Inc - A | 股票-金融 | 0.41% | -0.05% | -20.79% | |
| 34 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 0.40% | +3.19% | -60.34% | |
| 35 | KVUE | Kenvue Inc | 股票-非循環性消費 | 0.40% | -0.04% | +1025.38% | |
| 36 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.40% | +0.06% | -42.05% | |
| 37 | PFE | Pfizer Inc | 股票-醫療保健 | 0.40% | -0.13% | +75.40% | |
| 38 | XLP | Ss Consumer Staples Sel Sect | ETF-其他 | 0.39% | -0.15% | +0.58% | |
| 39 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.38% | -0.34% | +61.46% | |
| 40 | GEV | GE Vernova Inc | 股票-工業 | 0.36% | -0.03% | +885.03% | |
| 41 | ORCL | Oracle CORP | 股票-科技 | 0.36% | +0.92% | +58.60% | |
| 42 | GILD | Gilead Sciences Inc | 股票-醫療保健 | 0.35% | -0.13% | +77.66% | |
| 43 | XME | Ss Spdr S&p Metals Mining | ETF-其他 | 0.35% | +0.03% | +0.23% | |
| 44 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.34% | -0.08% | +44.66% | |
| 45 | RBLX | Roblox CORP -class A | 股票-通訊服務 | 0.34% | — | NEW | |
| 46 | ANET | Arista Networks Inc | 股票-科技 | 0.33% | +0.02% | +39.39% | |
| 47 | MRSH | Marsh & Mclennan Cos | 股票-金融 | 0.33% | +0.09% | +465.83% | |
| 48 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.31% | +0.74% | -78.39% | |
| 49 | ISRG | Intuitive Surgical Inc | 股票-醫療保健 | 0.30% | -0.08% | +19.98% | |
| 50 | ECL | Ecolab Inc | 股票-原物料 | 0.28% | -0.06% | +157.33% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | AVGO | Broadcom Inc | +2.8% | +206.26% | 加碼 |
| 2 | META | Meta Platforms Inc-class A | +1.7% | +80.00% | 加碼 |
| 3 | GOOGL | Alphabet Inc-cl A | +1.3% | +5.91% | 加碼 |
| 4 | JNJ | Johnson & Johnson | +0.9% | +66.32% | 加碼 |
| 5 | COIN | Coinbase Global Inc -class A | +0.8% | +9.48% | 減碼 |
| 6 | MSTR | Strategy Inc | +0.7% | -24.57% | 加碼 |
| 7 | XLF | Ss Financial Select Sector | +0.6% | +38407.92% | 加碼 |
| 8 | TSLA | Tesla Inc | +0.6% | -21.82% | 減碼 |
| 9 | GE | General Electric | +0.5% | +67.06% | 加碼 |
| 10 | SPY | Ss Spdr S&p 500 ETF Trust-us | +0.4% | -24.01% | 加碼 |
| 11 | PLD | Prologis Inc | +0.4% | +1413.14% | 加碼 |
| 12 | PLTR | Palantir Technologies Inc-a | +0.4% | -7.87% | 加碼 |
| 13 | KVUE | Kenvue Inc | +0.4% | +1025.38% | 加碼 |
| 14 | BRK-B | Berkshire Hathaway Inc-cl B | +0.3% | -33.91% | 加碼 |
| 15 | TMO | Thermo Fisher Scientific Inc | +0.3% | +215.71% | 加碼 |
| 16 | RBLX | Roblox CORP -class A | +0.3% | +14.02% | 加碼 |
| 17 | ANET | Arista Networks Inc | +0.3% | +39.39% | 加碼 |
| 18 | GS | Goldman Sachs Group Inc | +0.2% | -42.05% | 加碼 |
| 19 | ELV | Elevance Health Inc | +0.2% | +633.30% | 加碼 |
| 20 | MPLX | Mplx LP | +0.2% | +141.17% | 加碼 |
| 21 | SJM | Jm Smucker Co/the | +0.2% | +441.30% | 加碼 |
| 22 | MA | Mastercard Inc - A | +0.2% | -20.79% | 加碼 |
| 23 | CHTR | Charter Communications Inc-a | +0.2% | +509.37% | 加碼 |
| 24 | ROP | Roper Technologies Inc | +0.2% | +528.30% | 加碼 |
| 25 | ORCL | Oracle CORP | +0.2% | +58.60% | 加碼 |
| 26 | XRT | Ss Spdr S&p Retail ETF | +0.2% | +0.08% | 加碼 |
| 27 | WDAY | Workday Inc-class A | +0.2% | +235.09% | 加碼 |
| 28 | MU | Micron Technology Inc | +0.2% | +36.77% | 加碼 |
| 29 | MRSH | Marsh & Mclennan Cos | +0.2% | +465.83% | 加碼 |
| 30 | GILD | Gilead Sciences Inc | +0.2% | +77.66% | 加碼 |
| 31 | LMT | Lockheed Martin CORP | +0.2% | -54.47% | 加碼 |
| 32 | ALAB | Astera Labs Inc | +0.2% | +81384.26% | 加碼 |
| 33 | LUV | Southwest Airlines Co | +0.2% | +4550.06% | 加碼 |
| 34 | DELL | Dell Technologies -c | +0.2% | -44.13% | 加碼 |
| 35 | NSC | Norfolk Southern CORP | +0.2% | +1606.03% | 加碼 |
| 36 | CBOE | Cboe Global Markets Inc | +0.2% | +629.38% | 加碼 |
| 37 | NKE | Nike Inc -cl B | +0.2% | +258.19% | 加碼 |
| 38 | BBY | Best Buy Co Inc | +0.2% | +383.39% | 加碼 |
| 39 | AMT | American Tower CORP | +0.2% | — | 加碼 |
| 40 | GEV | GE Vernova Inc | +0.2% | +885.03% | 減碼 |
| 41 | ECL | Ecolab Inc | +0.2% | +157.33% | 加碼 |
| 42 | VICI | Vici Properties Inc | +0.2% | — | 加碼 |
| 43 | TMUS | T-mobile US Inc | +0.2% | +116.31% | 加碼 |
| 44 | MCHP | Microchip Technology Inc | +0.1% | +3261.84% | 加碼 |
| 45 | EXPE | Expedia Group Inc | +0.1% | -6.75% | 加碼 |
| 46 | XLP | Ss Consumer Staples Sel Sect | +0.1% | +0.58% | 加碼 |
| 47 | ABT | Abbott Laboratories | +0.1% | +96.42% | 加碼 |
| 48 | CVX | Chevron CORP | +0.1% | -72.36% | 加碼 |
| 49 | AXP | American Express Co | +0.1% | +86.99% | 加碼 |
| 50 | BX | Blackstone Inc | +0.1% | +26.74% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Natixis 在 Q3 2025 季度的美股持倉總市值約為 US$248.4億，共申報了 1038 個公開持股部位。
在 Q3 2025 季度，Natixis 按市值排列的前三大核心持股分別為：NVDA (13.8%)、AVGO (4.6%)、TSLA (4.5%)。其中最大持股部位 NVDA 佔據整體投資組合約 13.8% 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
IWM
市值: US$2.0億
本季最大獲利了結 / 清倉標的
PEP
前期市值: US$1.3億
在 Q3 2025 季度中，Natixis 共進行了 200 項持倉異動，包含新建倉 29 個部位、加碼 99 個部位、減碼 57 個部位以及清倉 15 個部位。 其中最大新建倉標的為 IWM。 本季清倉部位包含 PEP。
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。