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: 0001163653
申報總市值
US$853.6億
US$853.6億
1215 檔
26.8%
根據最新整理的 13F 季度數據集，Nomura Holdings Inc 於 Q3 2025 結束時的管理資產規模為 US$853.6億。該機構在本季度申報了 1215 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 Nomura Holdings Inc 的板塊替換策略：機構本季推動了 107 筆增持與 93 筆減持，籌碼呈現明顯的結構重組。
檢視投資組合結構，前 5 大主力部位（包含 META, TSLA, QQQ）占據了總市值的 26.8%，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 1215 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 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 10.72% | -6.70% | +41.32% | |
| 2 | TSLA | Tesla Inc | 股票-循環性消費 | 10.35% | -0.20% | -33.81% | |
| 3 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 7.03% | +1.07% | +15.35% | |
| 4 | NVDA | Nvidia CORP | 股票-科技 | 5.33% | -0.73% | +4.00% | |
| 5 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 3.44% | +0.07% | +156.78% | |
| 6 | MSFT | Microsoft CORP | 股票-科技 | 3.15% | -1.39% | +28.32% | |
| 7 | IWM | Ishares Russell 2000 ETF | ETF-中小型股 | 3.07% | -1.52% | -24.16% | |
| 8 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 2.91% | -0.09% | +18.57% | |
| 9 | HON | Honeywell International Inc | 股票-工業 | 2.73% | -3.04% | EXIT | |
| 10 | AAPL | Apple Inc | 股票-科技 | 2.60% | -1.35% | +564.60% | |
| 11 | PEP | Pepsico Inc | 股票-非循環性消費 | 1.62% | +0.03% | +1935.66% | |
| 12 | GLD | Spdr Gold Shares | ETF-避險與商品 | 1.39% | -1.05% | +122.62% | |
| 13 | AMZN | Amazon.com Inc | 股票-循環性消費 | 1.26% | -0.25% | +336.92% | |
| 14 | NKE | Nike Inc -cl B | 股票-循環性消費 | 1.12% | -0.07% | +134.50% | |
| 15 | COIN | Coinbase Global Inc -class A | 股票-金融 | 1.12% | +0.06% | +30.83% | |
| 16 | EEM | Ishares Msci Emerging Market | ETF-新興市場 | 1.00% | -0.33% | -6.70% | |
| 17 | DASH | Doordash Inc - A | 股票-循環性消費 | 0.96% | -0.26% | +74.36% | |
| 18 | EQIX | Equinix Inc | 股票-房地產 | 0.95% | -0.20% | -55.64% | |
| 19 | HPE | Hewlett Packard Enterprise | 股票-科技 | 0.89% | — | +241.64% | |
| 20 | WDAY | Workday Inc-class A | 股票-科技 | 0.85% | -0.03% | +2927.00% | |
| 21 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 0.84% | -0.15% | +135.16% | |
| 22 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 0.76% | -0.07% | +14.72% | |
| 23 | CAR | Avis Budget Group Inc | 股票-其他 | 0.74% | +0.40% | +59.11% | |
| 24 | FXI | Ishares China Large-cap ETF | ETF-新興市場 | 0.73% | +0.07% | +146.99% | |
| 25 | AXP | American Express Co | 股票-金融 | 0.69% | -0.31% | +36.98% | |
| 26 | DLTR | Dollar Tree Inc | 股票-非循環性消費 | 0.58% | -1.33% | -61.99% | |
| 27 | AMD | Advanced Micro Devices | 股票-科技 | 0.56% | +1.22% | +93.76% | |
| 28 | KWEB | Kranesh Csi China Internet | ETF-新興市場 | 0.56% | -0.02% | +632.55% | |
| 29 | CRWV | Coreweave Inc-cl A | 股票-科技 | 0.55% | -0.39% | +1956.03% | |
| 30 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 0.55% | -0.43% | -62.21% | |
| 31 | AVGO | Broadcom Inc | 股票-科技 | 0.49% | -0.32% | +61.86% | |
| 32 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.48% | +0.46% | +223.26% | |
| 33 | SMCI | Super Micro Computer Inc | 股票-科技 | 0.47% | -0.13% | +13.15% | |
| 34 | EWZ | Ishares Msci Brazil ETF | ETF-其他 | 0.45% | -0.37% | +517.40% | |
| 35 | PCG | P G & E CORP | 股票-公用事業 | 0.45% | +0.40% | +52.00% | |
| 36 | XLF | Ss Financial Select Sector | ETF-其他 | 0.45% | -0.05% | -18.41% | |
| 37 | MSTR | Strategy Inc | 股票-科技 | 0.44% | — | -2.67% | |
| 38 | PM | Philip Morris International | 股票-非循環性消費 | 0.39% | +0.01% | +6821.61% | |
| 39 | PRKS | United Parks & Resorts Inc | 股票-其他 | 0.37% | -0.16% | +742.27% | |
| 40 | AAL | American Airlines Group Inc | 股票-工業 | 0.35% | -0.07% | — | |
| 41 | HOOD | Robinhood Markets Inc - A | 股票-金融 | 0.32% | -0.14% | +44.78% | |
| 42 | S9Q | Spirit Aerosystems Hold-cl A | 股票-其他 | 0.31% | — | -4.41% | |
| 43 | BP | Bp Plc-spons Adr | 股票-能源 | 0.30% | +0.04% | -44.64% | |
| 44 | V | Visa Inc-class A Shares | 股票-金融 | 0.30% | -0.02% | — | |
| 45 | PNW | Pinnacle West Capital Corporation | 股票-公用事業 | 0.30% | — | — | |
| 46 | NFLX | Netflix Inc | 股票-通訊服務 | 0.30% | -0.11% | +132.40% | |
| 47 | WULF | Terawulf Inc | 股票-金融 | 0.29% | +0.09% | +42.32% | |
| 48 | EQT | Eqt CORP | 股票-能源 | 0.28% | -0.01% | +1446.03% | |
| 49 | CTSH | Cognizant Tech Solutions-a | 股票-科技 | 0.27% | -0.70% | -26.90% | |
| 50 | WDC | Western Digital CORP | 股票-科技 | 0.27% | +0.01% | +136.11% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | TSLA | Tesla Inc | +4.9% | -33.81% | 加碼 |
| 2 | META | Meta Platforms Inc-class A | +3.7% | +41.32% | 加碼 |
| 3 | QQQ | Invesco Qqq Trust Series 1 | +2.8% | +15.35% | 加碼 |
| 4 | GOOGL | Alphabet Inc-cl A | +2.3% | +156.78% | 加碼 |
| 5 | TSM | Taiwan Semiconductor-sp Adr | +1.7% | +18.57% | 加碼 |
| 6 | PEP | Pepsico Inc | +1.5% | +1935.66% | 加碼 |
| 7 | MSFT | Microsoft CORP | +1.3% | +28.32% | 加碼 |
| 8 | GLD | Spdr Gold Shares | +1.3% | +122.62% | 加碼 |
| 9 | AAPL | Apple Inc | +1% | +564.60% | 加碼 |
| 10 | DASH | Doordash Inc - A | +0.9% | +74.36% | 加碼 |
| 11 | AMZN | Amazon.com Inc | +0.8% | +336.92% | 加碼 |
| 12 | WDAY | Workday Inc-class A | +0.8% | +2927.00% | 加碼 |
| 13 | COIN | Coinbase Global Inc -class A | +0.6% | +30.83% | 加碼 |
| 14 | PLTR | Palantir Technologies Inc-a | +0.6% | +14.72% | 加碼 |
| 15 | CAR | Avis Budget Group Inc | +0.5% | +59.11% | 加碼 |
| 16 | EEM | Ishares Msci Emerging Market | +0.5% | -6.70% | 加碼 |
| 17 | HON | Honeywell International Inc | +0.4% | +216.85% | 加碼 |
| 18 | HPE | Hewlett Packard Enterprise | +0.4% | +241.64% | 加碼 |
| 19 | PCG | P G & E CORP | +0.4% | +52.00% | 加碼 |
| 20 | UNH | Unitedhealth Group Inc | +0.4% | +135.16% | 加碼 |
| 21 | FXI | Ishares China Large-cap ETF | +0.4% | +146.99% | 加碼 |
| 22 | PM | Philip Morris International | +0.4% | +6821.61% | 加碼 |
| 23 | AMD | Advanced Micro Devices | +0.3% | +93.76% | 加碼 |
| 24 | EWZ | Ishares Msci Brazil ETF | +0.3% | +517.40% | 加碼 |
| 25 | GOOG | Alphabet Inc-cl C | +0.3% | +223.26% | 加碼 |
| 26 | KWEB | Kranesh Csi China Internet | +0.3% | +632.55% | 加碼 |
| 27 | S9Q | Spirit Aerosystems Hold-cl A | +0.3% | -4.41% | 加碼 |
| 28 | HOOD | Robinhood Markets Inc - A | +0.2% | +44.78% | 加碼 |
| 29 | WULF | Terawulf Inc | +0.2% | +42.32% | 加碼 |
| 30 | AVGO | Broadcom Inc | +0.2% | +61.86% | 加碼 |
| 31 | EQT | Eqt CORP | +0.2% | +1446.03% | 加碼 |
| 32 | CORZ | Core Scientific Inc | +0.2% | +51.98% | 加碼 |
| 33 | APLD | Applied Digital CORP | +0.2% | +3.76% | 加碼 |
| 34 | MSTR | Strategy Inc | +0.2% | -2.67% | 加碼 |
| 35 | BSX | Boston Scientific CORP | +0.2% | +117.84% | 加碼 |
| 36 | XLV | Ss Health Care Select Sector | +0.2% | +5.09% | 加碼 |
| 37 | WDC | Western Digital CORP | +0.2% | +136.11% | 減碼 |
| 38 | DELL | Dell Technologies -c | +0.2% | +586.34% | 加碼 |
| 39 | JNJ | Johnson & Johnson | +0.2% | -30.14% | 加碼 |
| 40 | DOV | Dover CORP | +0.1% | — | 加碼 |
| 41 | COO | Cooper Cos Inc/the | +0.1% | — | 加碼 |
| 42 | ORCL | Oracle CORP | +0.1% | +248.29% | 加碼 |
| 43 | ZTS | Zoetis Inc | +0.1% | +12640.86% | 加碼 |
| 44 | CSX | Csx CORP | +0.1% | — | 加碼 |
| 45 | CRWD | Crowdstrike Holdings Inc - A | +0.1% | +189.27% | 加碼 |
| 46 | DAL | Delta Air Lines Inc | +0.1% | +26.56% | 加碼 |
| 47 | CZR | Caesars Entertainment Inc | +0.1% | +33.82% | 加碼 |
| 48 | LRCX | Lam Research CORP | +0.1% | +69.94% | 加碼 |
| 49 | AFRM | Affirm Holdings Inc | +0.1% | -36.21% | 加碼 |
| 50 | MDT | Medtronic plc | +0.1% | +1387.29% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Nomura Holdings Inc 在 Q3 2025 季度的美股持倉總市值約為 US$853.6億，共申報了 1215 個公開持股部位。
在 Q3 2025 季度，Nomura Holdings Inc 按市值排列的前三大核心持股分別為：META (10.7%)、TSLA (10.3%)、QQQ (7.0%)。其中最大持股部位 META 佔據整體投資組合約 10.7% 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
BABA 0.5 06-01-31
市值: US$24.8億
本季最大獲利了結 / 清倉標的
USX1
前期市值: US$8.6億
在 Q3 2025 季度中，Nomura Holdings Inc 共進行了 200 項持倉異動，包含新建倉 22 個部位、加碼 85 個部位、減碼 70 個部位以及清倉 23 個部位。 其中最大新建倉標的為 BABA 0.5 06-01-31。 本季清倉部位包含 USX1。
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。