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: 0000937615
申報總市值
US$320.5億
US$320.5億
3040 檔
25.9%
截至 Q2 2025 季度末，Nisa Investment Advisors, LLC 的美股持倉估值約為 US$320.5億，全數申報部位共有 3040 檔。
在 Q2 2025，Nisa Investment Advisors, LLC 展現出較為審慎的避險與獲利了結姿態。本季共減碼 33 個部位並完全清倉 3 檔持股，調降曝險的部位數量高於加碼動作。
檢視投資組合結構，前 5 大主力部位（包含 IVV, NVDA, MSFT）占據了總市值的 25.9%，展現出該機構在 Q2 2025 的重點資金聚焦與風險分佈特徵。
僅顯示前 200 大持股（共 3040 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 | IVV | Ishares Core S&p 500 ETF | ETF-大型股與成長 | 21.43% | +3.83% | +16.15% | |
| 2 | NVDA | Nvidia CORP | 股票-科技 | 4.99% | -0.26% | -6.93% | |
| 3 | MSFT | Microsoft CORP | 股票-科技 | 4.78% | -0.48% | -4.86% | |
| 4 | AAPL | Apple Inc | 股票-科技 | 4.08% | -0.26% | +3.33% | |
| 5 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 2.09% | -0.24% | +2.07% | |
| 6 | AMZN | Amazon.com Inc | 股票-循環性消費 | 1.98% | -0.04% | +0.31% | |
| 7 | AGG | Ishares Core U.s. Aggregate | ETF-其他 | 1.78% | — | — | |
| 8 | AVGO | Broadcom Inc | 股票-科技 | 1.75% | -0.01% | -5.04% | |
| 9 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 1.40% | +0.01% | -7.46% | |
| 10 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.22% | -0.08% | -0.56% | |
| 11 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 1.17% | — | -20.25% | |
| 12 | NFLX | Netflix Inc | 股票-通訊服務 | 0.88% | -0.18% | -0.17% | |
| 13 | TSLA | Tesla Inc | 股票-循環性消費 | 0.83% | -0.07% | -0.89% | |
| 14 | V | Visa Inc-class A Shares | 股票-金融 | 0.81% | -0.04% | -0.12% | |
| 15 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.79% | +0.06% | -8.32% | |
| 16 | HON | Honeywell International Inc | 股票-工業 | 0.73% | -0.19% | EXIT | |
| 17 | MA | Mastercard Inc - A | 股票-金融 | 0.71% | -0.07% | -2.51% | |
| 18 | BAC | Bank Of America CORP | 股票-金融 | 0.62% | -0.02% | -0.98% | |
| 19 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.62% | -0.07% | +1.13% | |
| 20 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.58% | -0.09% | +2.48% | |
| 21 | ORCL | Oracle CORP | 股票-科技 | 0.56% | -0.05% | -1.69% | |
| 22 | XOM | Exxon Mobil CORP | 股票-能源 | 0.55% | -0.23% | -1.64% | |
| 23 | WMT | Walmart Inc | 股票-非循環性消費 | 0.54% | -0.15% | -6.28% | |
| 24 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.49% | -0.09% | -1.97% | |
| 25 | HD | Home Depot Inc | 股票-循環性消費 | 0.49% | -0.03% | -2.07% | |
| 26 | PEP | Pepsico Inc | 股票-非循環性消費 | 0.46% | -0.06% | +7.25% | |
| 27 | ADP | Automatic Data Processing | 股票-科技 | 0.46% | — | +68.23% | |
| 28 | AMAT | Applied Materials Inc | 股票-科技 | 0.45% | +0.19% | -14.48% | |
| 29 | SPGI | S&p Global Inc | 股票-金融 | 0.45% | -0.02% | +135.05% | |
| 30 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.44% | -0.06% | -4.08% | |
| 31 | CSCO | Cisco Systems Inc | 股票-科技 | 0.40% | +0.10% | -36.51% | |
| 32 | INTU | Intuit Inc | 股票-科技 | 0.40% | -0.08% | -5.33% | |
| 33 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.40% | -0.01% | -0.28% | |
| 34 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 0.38% | -0.03% | -42.43% | |
| 35 | AXP | American Express Co | 股票-金融 | 0.37% | -0.02% | +0.47% | |
| 36 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 0.35% | +0.08% | -6.06% | |
| 37 | PM | Philip Morris International | 股票-非循環性消費 | 0.35% | -0.02% | -23.80% | |
| 38 | TXN | Texas Instruments Inc | 股票-科技 | 0.34% | +0.07% | +3.02% | |
| 39 | WFC | Wells Fargo & Co | 股票-金融 | 0.33% | -0.03% | -6.52% | |
| 40 | KO | Coca-cola Co/the | 股票-非循環性消費 | 0.33% | -0.04% | -1.15% | |
| 41 | DIS | Walt Disney Co/the | 股票-通訊服務 | 0.33% | -0.03% | -9.36% | |
| 42 | ABT | Abbott Laboratories | 股票-醫療保健 | 0.31% | -0.04% | -1.35% | |
| 43 | MS | Morgan Stanley | 股票-金融 | 0.31% | +0.05% | -18.22% | |
| 44 | CVX | Chevron CORP | 股票-能源 | 0.30% | -0.14% | +0.00% | |
| 45 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.30% | -0.02% | -1.35% | |
| 46 | MCD | Mcdonald's CORP | 股票-循環性消費 | 0.30% | -0.07% | +2.05% | |
| 47 | IBM | Intl Business Machines CORP | 股票-科技 | 0.30% | — | -0.45% | |
| 48 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.29% | -0.05% | +19.54% | |
| 49 | AMD | Advanced Micro Devices | 股票-科技 | 0.29% | +0.45% | -1.93% | |
| 50 | COF | Capital One Financial CORP | 股票-金融 | 0.29% | -0.01% | +96.71% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | IVV | Ishares Core S&p 500 ETF | +2.9% | +16.15% | 加碼 |
| 2 | AGG | Ishares Core U.s. Aggregate | +1.8% | NEW | 新建倉 |
| 3 | NVDA | Nvidia CORP | +0.9% | -6.93% | 減碼 |
| 4 | MSFT | Microsoft CORP | +0.6% | -4.86% | 減碼 |
| 5 | AVGO | Broadcom Inc | +0.5% | -5.04% | 減碼 |
| 6 | META | Meta Platforms Inc-class A | +0.3% | +2.07% | 加碼 |
| 7 | HON | Honeywell International Inc | +0.3% | +65.48% | 加碼 |
| 8 | SPGI | S&p Global Inc | +0.3% | +135.05% | 加碼 |
| 9 | NFLX | Netflix Inc | +0.2% | -0.17% | 減碼 |
| 10 | ROST | Ross Stores Inc | +0.2% | +374.45% | 加碼 |
| 11 | ORCL | Oracle CORP | +0.2% | -1.69% | 減碼 |
| 12 | ADP | Automatic Data Processing | +0.2% | +68.23% | 加碼 |
| 13 | COF | Capital One Financial CORP | +0.2% | +96.71% | 加碼 |
| 14 | PLTR | Palantir Technologies Inc-a | +0.1% | +12.39% | 加碼 |
| 15 | LRCX | Lam Research CORP | +0.1% | +28.85% | 加碼 |
| 16 | AMZN | Amazon.com Inc | +0.1% | +0.31% | 加碼 |
| 17 | APH | Amphenol Corp-cl A | +0.1% | +12.02% | 加碼 |
| 18 | JPM | Jpmorgan Chase & Co | +0.1% | -0.56% | 減碼 |
| 19 | TSLA | Tesla Inc | +0.1% | -0.89% | 減碼 |
| 20 | NRG | Nrg Energy Inc | +0.1% | +74.95% | 加碼 |
| 21 | AMD | Advanced Micro Devices | +0.1% | -1.93% | 減碼 |
| 22 | INTU | Intuit Inc | 0% | -5.33% | 減碼 |
| 23 | BAC | Bank Of America CORP | 0% | -0.98% | 減碼 |
| 24 | GOOGL | Alphabet Inc-cl A | -0.1% | -7.46% | 減碼 |
| 25 | CDNS | Cadence Design Sys Inc | -0.1% | -52.63% | 減碼 |
| 26 | SCHO | Schwab Short-term US Treas | -0.1% | EXIT | 清倉 |
| 27 | REGN | Regeneron Pharmaceuticals | -0.1% | -56.17% | 減碼 |
| 28 | CMI | Cummins Inc | -0.1% | -49.11% | 減碼 |
| 29 | CCI | Crown Castle Inc | -0.1% | -40.82% | 減碼 |
| 30 | ALL | Allstate CORP | -0.1% | -47.46% | 減碼 |
| 31 | FISV | Fiserv Inc | -0.1% | -12.58% | 減碼 |
| 32 | AMT | American Tower CORP | -0.1% | -29.41% | 減碼 |
| 33 | TMO | Thermo Fisher Scientific Inc | -0.1% | -6.33% | 減碼 |
| 34 | VSS | Vanguard Ftse All Wo X-us Sc | -0.1% | EXIT | 清倉 |
| 35 | DFSEUR | Discover Financial Services | -0.1% | EXIT | 清倉 |
| 36 | XOM | Exxon Mobil CORP | -0.1% | -1.64% | 減碼 |
| 37 | TEAM | Atlassian Corp-cl A | -0.1% | -94.38% | 減碼 |
| 38 | EA | Electronic Arts Inc | -0.1% | -62.52% | 減碼 |
| 39 | ELV | Elevance Health Inc | -0.1% | -37.45% | 減碼 |
| 40 | EQIX | Equinix Inc | -0.1% | -39.04% | 減碼 |
| 41 | CB | Chubb Limited | -0.2% | -53.51% | 減碼 |
| 42 | T | At&t Inc | -0.2% | -38.94% | 減碼 |
| 43 | BKNG | Booking Holdings Inc | -0.2% | -42.43% | 減碼 |
| 44 | CSCO | Cisco Systems Inc | -0.2% | -36.51% | 減碼 |
| 45 | LLY | Eli Lilly & Co | -0.2% | -8.32% | 減碼 |
| 46 | GOOG | Alphabet Inc-cl C | -0.3% | -20.25% | 減碼 |
| 47 | CME | Cme Group Inc | -0.3% | -58.43% | 減碼 |
| 48 | QCOM | Qualcomm Inc | -0.3% | -52.65% | 減碼 |
| 49 | UNH | Unitedhealth Group Inc | -0.4% | -6.06% | 減碼 |
| 50 | AAPL | Apple Inc | -0.7% | +3.33% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Nisa Investment Advisors, LLC 在 Q2 2025 季度的美股持倉總市值約為 US$320.5億，共申報了 3040 個公開持股部位。
在 Q2 2025 季度，Nisa Investment Advisors, LLC 按市值排列的前三大核心持股分別為：IVV (21.4%)、NVDA (5.0%)、MSFT (4.8%)。其中最大持股部位 IVV 佔據整體投資組合約 21.4% 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
AGG
市值: US$4.0億
本季最大獲利了結 / 清倉標的
VSS
前期市值: US$2427.6萬
在 Q2 2025 季度中，Nisa Investment Advisors, LLC 共進行了 50 項持倉異動，包含新建倉 1 個部位、加碼 13 個部位、減碼 33 個部位以及清倉 3 個部位。 其中最大新建倉標的為 AGG。 本季清倉部位包含 VSS。
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。