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: 0001800245
申報總市值
US$4.6億
US$4.6億
238 檔
21.8%
根據最新整理的 13F 季度數據集，Natural Investments, LLC 於 Q3 2025 結束時的管理資產規模為 US$4.6億。該機構在本季度申報了 238 檔美股持倉，呈現出該時期的主要投資地圖。
Q3 2025 的申報記錄反映 Natural Investments, LLC 的板塊替換策略：機構本季推動了 24 筆增持與 26 筆減持，籌碼呈現明顯的結構重組。
整體而言，Natural Investments, LLC 的前 5 大持股（包含 MSFT, AAPL, NVDA）貢獻了組合市值的 21.8%，形成該機構在 Q3 2025 季度的基本面基石。
僅顯示前 200 大持股（共 238 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 | MSFT | Microsoft CORP | 股票-科技 | 6.44% | -0.33% | -0.90% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 5.86% | +0.24% | -0.26% | |
| 3 | NVDA | Nvidia CORP | 股票-科技 | 5.57% | +0.33% | -0.01% | |
| 4 | OEF | Ishares S&p 100 ETF | ETF-其他 | 4.03% | — | +9135.54% | |
| 5 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 2.76% | +0.12% | +351.37% | |
| 6 | FMKT | THE Free Markets ETF | ETF-其他 | 2.66% | — | — | |
| 7 | ABBV | Abbvie Inc | 股票-醫療保健 | 2.24% | +0.10% | -0.02% | |
| 8 | FPAS | Fpa Short Duration Govt ETF | ETF-其他 | 2.21% | — | — | |
| 9 | BGDV | Bahl & Gaynor Dividend ETF | ETF-其他 | 2.08% | — | — | |
| 10 | QVAL | Alpha Arch US Qnt Value ETF | ETF-其他 | 1.93% | — | — | |
| 11 | HASI | Ha Sustainable Infrastructur | 股票-金融 | 1.77% | -0.17% | -0.07% | |
| 12 | HD | Home Depot Inc | 股票-循環性消費 | 1.76% | +0.04% | -0.73% | |
| 13 | SWP | Swp Growth & Income ETF | ETF-其他 | 1.72% | — | — | |
| 14 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 1.68% | -0.54% | -9.44% | |
| 15 | MA | Mastercard Inc - A | 股票-金融 | 1.48% | -0.02% | -1.79% | |
| 16 | ABT | Abbott Laboratories | 股票-醫療保健 | 1.27% | -0.19% | +0.04% | |
| 17 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.20% | +0.02% | -0.21% | |
| 18 | AMZN | Amazon.com Inc | 股票-循環性消費 | 1.14% | -0.78% | +1.52% | |
| 19 | ASML | ASML Holding N.V. | 股票-科技 | 1.10% | -0.14% | +10.54% | |
| 20 | PANW 0.375 06-01-25債券 | Palo Alto Networks | 債券 | 1.05% | — | — | |
| 21 | LLY | Eli Lilly & Co | 股票-醫療保健 | 1.02% | +0.23% | -2.94% | |
| 22 | LIN | Linde plc | 股票-原物料 | 0.92% | -0.40% | +0.13% | |
| 23 | SHOPCN 0.125 11-01-25債券 | Shopify Inc | 債券 | 0.91% | — | — | |
| 24 | NOW | Servicenow Inc | 股票-科技 | 0.87% | -0.09% | +0.34% | |
| 25 | AZNN | Astrazeneca Plc-spons Adr | 股票-其他 | 0.85% | — | +0.46% | |
| 26 | AMT | American Tower CORP | 股票-房地產 | 0.83% | -0.06% | +16.46% | |
| 27 | ECL | Ecolab Inc | 股票-原物料 | 0.80% | -0.04% | +0.19% | |
| 28 | ETN | Eaton Corporation plc | 股票-工業 | 0.79% | +0.03% | +0.28% | |
| 29 | BEPC | Brookfield Renewable CORP | 股票-公用事業 | 0.78% | -0.13% | -1.60% | |
| 30 | TT | Trane Technologies plc | 股票-工業 | 0.76% | -0.16% | +0.46% | |
| 31 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.73% | +0.03% | -0.13% | |
| 32 | TRV | Travelers Cos Inc/the | 股票-金融 | 0.71% | -0.01% | -0.73% | |
| 33 | AXP | American Express Co | 股票-金融 | 0.69% | +0.01% | +0.04% | |
| 34 | BRK-A | Berkshire Hathaway Inc-cl A | 股票-其他 | 0.67% | -0.09% | +118800.00% | |
| 35 | ICE | Intercontinental Exchange In | 股票-金融 | 0.66% | -0.17% | +0.40% | |
| 36 | MELI | Mercadolibre Inc | 股票-循環性消費 | 0.65% | -0.18% | +0.54% | |
| 37 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.65% | -0.05% | -0.32% | |
| 38 | NUAG | Nuveen Enh Yld US Aggr Bnd | ETF-其他 | 0.62% | — | — | |
| 39 | WOMN | Impact Shares Women's Empowe | ETF-其他 | 0.62% | — | — | |
| 40 | IBUY | Amplify Online Retail ETF | ETF-其他 | 0.60% | — | — | |
| 41 | UL | Unilever PLC | 股票-非循環性消費 | 0.59% | — | +0.65% | |
| 42 | SONY | Sony Group CORP - Sp Adr | 股票-科技 | 0.57% | -0.42% | EXIT | |
| 43 | ADSK | Autodesk Inc | 股票-科技 | 0.56% | -0.09% | +1.31% | |
| 44 | PNC | Pnc Financial Services Group | 股票-金融 | 0.55% | +0.02% | -6.11% | |
| 45 | UPS | United Parcel Service-cl B | 股票-工業 | 0.54% | -0.04% | -0.50% | |
| 46 | V | Visa Inc-class A Shares | 股票-金融 | 0.54% | +0.04% | +0.29% | |
| 47 | VRSK | Verisk Analytics Inc | 股票-工業 | 0.53% | +0.01% | +0.15% | |
| 48 | XYL | Xylem Inc | 股票-工業 | 0.53% | -0.07% | -0.77% | |
| 49 | BFAM | Bright Horizons Family Solut | 股票-循環性消費 | 0.52% | — | +0.13% | |
| 50 | SAP | Sap Se-sponsored Adr | 股票-科技 | 0.51% | -0.22% | +0.07% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | GOOG | Alphabet Inc-cl C | +2.3% | +351.37% | 加碼 |
| 2 | NVDA | Nvidia CORP | +2.2% | -0.01% | 加碼 |
| 3 | MSFT | Microsoft CORP | +0.9% | -0.90% | 減碼 |
| 4 | AMZN | Amazon.com Inc | +0.9% | +1.52% | 加碼 |
| 5 | TSM | Taiwan Semiconductor-sp Adr | +0.4% | -9.44% | 減碼 |
| 6 | ASML | ASML Holding N.V. | +0.2% | +10.54% | 減碼 |
| 7 | BRK-A | Berkshire Hathaway Inc-cl A | +0.2% | +118800.00% | 加碼 |
| 8 | JPM | Jpmorgan Chase & Co | +0.1% | -0.21% | 減碼 |
| 9 | AAPL | Apple Inc | -0.1% | -0.26% | 減碼 |
| 10 | TMO | Thermo Fisher Scientific Inc | -0.6% | -77.52% | 減碼 |
| 11 | OEF | Ishares S&p 100 ETF | — | NEW | 新建倉 |
| 12 | NXTE | Axs Green Alpha ETF | — | EXIT | 清倉 |
| 13 | FMKT | THE Free Markets ETF | — | NEW | 新建倉 |
| 14 | DSI | Ishares Esg Msci Kld 400 ETF | — | EXIT | 清倉 |
| 15 | FPAS | Fpa Short Duration Govt ETF | — | NEW | 新建倉 |
| 16 | BGDV | Bahl & Gaynor Dividend ETF | — | NEW | 新建倉 |
| 17 | QVAL | Alpha Arch US Qnt Value ETF | — | NEW | 新建倉 |
| 18 | SWP | Swp Growth & Income ETF | — | NEW | 新建倉 |
| 19 | JSTC | Adasina Social Justice Glb | — | EXIT | 清倉 |
| 20 | VEGN | US Vegan Climate ETF | — | EXIT | 清倉 |
| 21 | GOOGL | Alphabet Inc-cl A | — | EXIT | 清倉 |
| 22 | PANW 0.375 06-01-25債券 | Palo Alto Networks | — | NEW | 新建倉 |
| 23 | PANW | Palo Alto Networks Inc | — | EXIT | 清倉 |
| 24 | SHOPCN 0.125 11-01-25債券 | Shopify Inc | — | NEW | 新建倉 |
| 25 | ✓ | Ea Series Trust | — | EXIT | 清倉 |
| 26 | ✓ | Investment Managers Ser Tr I | — | EXIT | 清倉 |
| 27 | MKC | Mccormick & Co-non Vtg Shrs | — | EXIT | 清倉 |
| 28 | SHOP | Shopify Inc - Class A | — | EXIT | 清倉 |
| 29 | NUAG | Nuveen Enh Yld US Aggr Bnd | — | NEW | 新建倉 |
| 30 | WOMN | Impact Shares Women's Empowe | — | NEW | 新建倉 |
| 31 | IBUY | Amplify Online Retail ETF | — | NEW | 新建倉 |
| 32 | VGSR | Vert Glb Sust Re ETF | — | EXIT | 清倉 |
| 33 | ETHO | Amplify Etho Climate Leaders | — | EXIT | 清倉 |
| 34 | CVIE | Cal Intl Responsible Index | — | NEW | 新建倉 |
| 35 | MKC-V | Mccormick & Co Inc Vtg Com | — | NEW | 新建倉 |
| 36 | GDX | Vaneck Gold Miners ETF | — | NEW | 新建倉 |
| 37 | OWNS | Ccm Affordable Hous Mbs ETF | — | EXIT | 清倉 |
| 38 | ✓ | Managed Portfolio Series | — | EXIT | 清倉 |
| 39 | GRNB | Vaneck Green Bond ETF | — | EXIT | 清倉 |
| 40 | ORA | Ormat Technologies Inc | — | EXIT | 清倉 |
| 41 | NORW | Global X Msci Norway ETF | — | NEW | 新建倉 |
| 42 | ORA 2.5 07-15-27債券 | Ormat Technologies Inc | — | NEW | 新建倉 |
| 43 | BRK-B | Berkshire Hathaway Inc-cl B | — | EXIT | 清倉 |
| 44 | NKE | Nike Inc -cl B | — | EXIT | 清倉 |
| 45 | ISRG | Intuitive Surgical Inc | — | NEW | 新建倉 |
| 46 | WCN | Waste Connections Inc | — | NEW | 新建倉 |
| 47 | GPN | Global Payments Inc | — | EXIT | 清倉 |
| 48 | ✓ | — | EXIT | 清倉 | |
| 49 | VCEB | Vanguard Esg US CORP Bond | — | NEW | 新建倉 |
| 50 | EHC | Encompass Health CORP | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Natural Investments, LLC 在 Q3 2025 季度的美股持倉總市值約為 US$4.6億，共申報了 238 個公開持股部位。
在 Q3 2025 季度，Natural Investments, LLC 按市值排列的前三大核心持股分別為：MSFT (6.4%)、AAPL (5.9%)、NVDA (5.6%)。其中最大持股部位 MSFT 佔據整體投資組合約 6.4% 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
OEF
市值: US$1617.5萬
本季最大獲利了結 / 清倉標的
NXTE
前期市值: US$1417.8萬
在 Q3 2025 季度中，Natural Investments, LLC 共進行了 50 項持倉異動，包含新建倉 20 個部位、加碼 4 個部位、減碼 6 個部位以及清倉 20 個部位。 其中最大新建倉標的為 OEF。 本季清倉部位包含 NXTE。
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。