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: 0001862664
申報總市值
US$29.6億
US$29.6億
229 檔
14.3%
Nfj Investment Group, LLC 在 Q4 2025 季度的美股部位總計估值為 US$29.6億，分散於 229 個持倉標的之中，反映其市場參與廣度與投資規模。
從 Q4 2025 申報觀察，Nfj Investment Group, LLC 採取防禦導向的調倉策略，本季減碼 15 檔個股並出清 14 檔部位，顯示機構在該時期進行風險控制與流動性回收。
在資產配置集中度方面，Nfj Investment Group, LLC 的前 5 大核心持股（包含 SCHW, MRVL, DINO 等）合計佔整體申報市值的 14.3%，反映機構在主要關鍵部位上的權重分佈。
僅顯示前 200 大持股（共 229 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 | SCHW | Schwab (charles) CORP | 股票-金融 | 3.14% | +0.11% | +83.93% | |
| 2 | MRVL | Marvell Technology Inc | 股票-科技 | 3.13% | -2.51% | +110.39% | |
| 3 | DINO | Hf Sinclair CORP | 股票-能源 | 3.11% | -0.34% | +1275.35% | |
| 4 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 3.02% | +0.16% | -20.66% | |
| 5 | PLD | Prologis Inc | 股票-房地產 | 2.79% | -0.29% | -13.33% | |
| 6 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 2.42% | — | EXIT | |
| 7 | NEE | Nextera Energy Inc | 股票-公用事業 | 2.24% | -0.27% | -22.04% | |
| 8 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.09% | +0.87% | NEW | |
| 9 | PFE | Pfizer Inc | 股票-醫療保健 | 1.96% | -1.49% | EXIT | |
| 10 | SWK | Stanley Black & Decker Inc | 股票-工業 | 1.95% | — | -4.08% | |
| 11 | GBCI | Glacier Bancorp Inc | 股票-金融 | 1.88% | -0.66% | -3.27% | |
| 12 | RGLD | Royal Gold Inc | 股票-原物料 | 1.83% | -1.60% | EXIT | |
| 13 | CRM | Salesforce Inc | 股票-科技 | 1.73% | — | +28.99% | |
| 14 | PNW | Pinnacle West Capital Corporation | 股票-公用事業 | 1.56% | — | -2.67% | |
| 15 | AMD | Advanced Micro Devices | 股票-科技 | 1.54% | -0.77% | -22.01% | |
| 16 | CBSH | Commerce Bancshares Inc | 股票-金融 | 1.52% | — | +1.90% | |
| 17 | EQIX | Equinix Inc | 股票-房地產 | 1.52% | -0.80% | +388.77% | |
| 18 | MSFT | Microsoft CORP | 股票-科技 | 1.45% | +1.59% | +39.52% | |
| 19 | UMBF | Umb Financial CORP | 股票-金融 | 1.44% | +0.20% | -2.65% | |
| 20 | CBU | Community Financial System I | 股票-其他 | 1.44% | -0.92% | -4.16% | |
| 21 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.39% | +0.67% | -5.73% | |
| 22 | CART | Maplebear Inc | 股票-循環性消費 | 1.30% | — | EXIT | |
| 23 | INDB | Independent Bank Corp/ma | 股票-其他 | 1.26% | -0.10% | -3.49% | |
| 24 | UBER | Uber Technologies Inc | 股票-工業 | 1.16% | -0.11% | +33.05% | |
| 25 | SSB | Southstate Bank CORP | 股票-金融 | 1.11% | -0.93% | — | |
| 26 | CHRW | C.h. Robinson Worldwide Inc | 股票-工業 | 1.05% | — | -13.59% | |
| 27 | COIN | Coinbase Global Inc -class A | 股票-金融 | 1.05% | — | — | |
| 28 | ONB | Old National Bancorp | 股票-金融 | 1.03% | +0.02% | -1.93% | |
| 29 | HD | Home Depot Inc | 股票-循環性消費 | 1.01% | -0.29% | -20.76% | |
| 30 | NTR | Nutrien LTD | 股票-原物料 | 0.98% | -0.40% | +3125.60% | |
| 31 | CADE | Cadence Bank | 股票-其他 | 0.98% | — | +0.38% | |
| 32 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.96% | +1.04% | -12.92% | |
| 33 | FFIN | First Finl Bankshares Inc | 股票-金融 | 0.95% | — | -2.54% | |
| 34 | BLK | Blackrock Inc | 股票-金融 | 0.95% | — | -21.49% | |
| 35 | MPC | Marathon Petroleum CORP | 股票-能源 | 0.92% | -0.10% | — | |
| 36 | LKFN | Lakeland Financial CORP | 股票-其他 | 0.92% | -0.50% | -5.44% | |
| 37 | UHS | Universal Health Services-b | 股票-醫療保健 | 0.91% | -1.53% | EXIT | |
| 38 | HCA | Hca Healthcare Inc | 股票-醫療保健 | 0.90% | -0.91% | EXIT | |
| 39 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.89% | +0.48% | -14.94% | |
| 40 | HOMB | Home Bancshares Inc | 股票-金融 | 0.87% | -0.79% | EXIT | |
| 41 | TFC | Truist Financial CORP | 股票-金融 | 0.86% | -0.03% | -14.85% | |
| 42 | INTU | Intuit Inc | 股票-科技 | 0.86% | -0.25% | EXIT | |
| 43 | FLS | Flowserve CORP | 股票-工業 | 0.85% | -0.12% | -20.00% | |
| 44 | WFC | Wells Fargo & Co | 股票-金融 | 0.81% | +0.01% | -30.17% | |
| 45 | MS | Morgan Stanley | 股票-金融 | 0.79% | +0.53% | -13.97% | |
| 46 | BAC | Bank Of America CORP | 股票-金融 | 0.78% | +0.04% | -4.25% | |
| 47 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.77% | -0.20% | EXIT | |
| 48 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.76% | -0.39% | +1322.26% | |
| 49 | DIS | Walt Disney Co/the | 股票-通訊服務 | 0.75% | -0.35% | EXIT | |
| 50 | PNC | Pnc Financial Services Group | 股票-金融 | 0.75% | +0.04% | -2.95% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | DINO | Hf Sinclair CORP | +2.9% | +1275.35% | 加碼 |
| 2 | MRVL | Marvell Technology Inc | +1.7% | +110.39% | 加碼 |
| 3 | SCHW | Schwab (charles) CORP | +1.6% | +83.93% | 加碼 |
| 4 | EQIX | Equinix Inc | +1.2% | +388.77% | 加碼 |
| 5 | NTR | Nutrien LTD | +0.9% | +3125.60% | 加碼 |
| 6 | META | Meta Platforms Inc-class A | +0.7% | +1322.26% | 加碼 |
| 7 | CRM | Salesforce Inc | +0.6% | +28.99% | 加碼 |
| 8 | MSFT | Microsoft CORP | +0.4% | +39.52% | 加碼 |
| 9 | NEM | Newmont CORP | +0.3% | +175.56% | 加碼 |
| 10 | IWD | Ishares Russell 1000 Value E | +0.3% | +1705.23% | 加碼 |
| 11 | UPS | United Parcel Service-cl B | -0.3% | -58.88% | 減碼 |
| 12 | WGO | Winnebago Industries | -0.3% | -99.83% | 減碼 |
| 13 | BLK | Blackrock Inc | -0.3% | -21.49% | 減碼 |
| 14 | BRK-B | Berkshire Hathaway Inc-cl B | -0.3% | -32.44% | 減碼 |
| 15 | NEE | Nextera Energy Inc | -0.3% | -22.04% | 減碼 |
| 16 | INTU | Intuit Inc | -0.4% | -30.61% | 減碼 |
| 17 | ADUS | Addus Homecare CORP | -0.4% | -99.65% | 減碼 |
| 18 | HD | Home Depot Inc | -0.4% | -20.76% | 減碼 |
| 19 | VEEV | Veeva Systems Inc-class A | -0.5% | -66.69% | 減碼 |
| 20 | APTV | Aptiv PLC | -0.5% | -63.54% | 減碼 |
| 21 | CVX | Chevron CORP | -0.5% | -43.87% | 減碼 |
| 22 | TMO | Thermo Fisher Scientific Inc | -0.5% | -56.75% | 減碼 |
| 23 | XOM | Exxon Mobil CORP | -0.8% | -63.43% | 減碼 |
| 24 | OVV | Ovintiv Inc | -1% | -92.19% | 減碼 |
| 25 | USB | US Bancorp | -1% | -99.90% | 減碼 |
| 26 | ARE | Alexandria Real Estate Equit | — | EXIT | 清倉 |
| 27 | BKNG | Booking Holdings Inc | — | NEW | 新建倉 |
| 28 | RGLD | Royal Gold Inc | — | NEW | 新建倉 |
| 29 | REXR | Rexford Industrial Realty In | — | EXIT | 清倉 |
| 30 | CART | Maplebear Inc | — | NEW | 新建倉 |
| 31 | TSN | Tyson Foods Inc-cl A | — | EXIT | 清倉 |
| 32 | SSB | Southstate Bank CORP | — | NEW | 新建倉 |
| 33 | COIN | Coinbase Global Inc -class A | — | NEW | 新建倉 |
| 34 | MPC | Marathon Petroleum CORP | — | NEW | 新建倉 |
| 35 | BALL | Ball CORP | — | EXIT | 清倉 |
| 36 | AES | Aes CORP | — | EXIT | 清倉 |
| 37 | NUE | Nucor CORP | — | NEW | 新建倉 |
| 38 | UNP | Union Pacific CORP | — | EXIT | 清倉 |
| 39 | OSK | Oshkosh CORP | — | EXIT | 清倉 |
| 40 | RBA | Rb Global Inc | — | EXIT | 清倉 |
| 41 | JNJ | Johnson & Johnson | — | EXIT | 清倉 |
| 42 | A | Agilent Technologies Inc | — | EXIT | 清倉 |
| 43 | TOWN | Towne Bank | — | NEW | 新建倉 |
| 44 | ABNB | Airbnb Inc-class A | — | NEW | 新建倉 |
| 45 | FMC | Fmc CORP | — | EXIT | 清倉 |
| 46 | CMC | Commercial Metals Co | — | NEW | 新建倉 |
| 47 | ALLE | Allegion plc | — | EXIT | 清倉 |
| 48 | CTRA | Coterra Energy Inc | — | EXIT | 清倉 |
| 49 | PATH | Uipath Inc - Class A | — | NEW | 新建倉 |
| 50 | ALK | Alaska Air Group Inc | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Nfj Investment Group, LLC 在 Q4 2025 季度的美股持倉總市值約為 US$29.6億，共申報了 229 個公開持股部位。
在 Q4 2025 季度，Nfj Investment Group, LLC 按市值排列的前三大核心持股分別為：SCHW (3.1%)、MRVL (3.1%)、DINO (3.1%)。其中最大持股部位 SCHW 佔據整體投資組合約 3.1% 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
BKNG
市值: US$6725.8萬
本季最大獲利了結 / 清倉標的
ARE
前期市值: US$9678.7萬
在 Q4 2025 季度中，Nfj Investment Group, LLC 共進行了 50 項持倉異動，包含新建倉 11 個部位、加碼 10 個部位、減碼 15 個部位以及清倉 14 個部位。 其中最大新建倉標的為 BKNG。 本季清倉部位包含 ARE。
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。