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: 0001218210
申報總市值
US$1226.3億
US$1226.3億
859 檔
22.1%
Q4 2025 季度申報顯示，Nordea Investment Management AB 揭露的美股組合總市值為 US$1226.3億，涵蓋 859 個不同之權益投資部位。
觀察 Q4 2025 的申報異動，Nordea Investment Management AB 採取了強勁的買進策略，建倉與加碼動作（合計 29 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, MSFT, AAPL）占據了總市值的 22.1%，展現出該機構在 Q4 2025 的重點資金聚焦與風險分佈特徵。
僅顯示前 200 大持股（共 859 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 | 6.54% | -0.02% | +2.66% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 5.91% | -0.53% | +0.23% | |
| 3 | AAPL | Apple Inc | 股票-科技 | 5.14% | +0.15% | +3.74% | |
| 4 | AVGO | Broadcom Inc | 股票-科技 | 2.93% | +0.09% | +47.50% | |
| 5 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.76% | -0.04% | +8.26% | |
| 6 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 2.49% | +0.22% | -20.14% | |
| 7 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 2.31% | +0.24% | +4.86% | |
| 8 | LLY | Eli Lilly & Co | 股票-醫療保健 | 1.37% | +0.21% | +8.03% | |
| 9 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.28% | -0.06% | -10.71% | |
| 10 | MA | Mastercard Inc - A | 股票-金融 | 1.17% | -0.18% | +1.10% | |
| 11 | CSCO | Cisco Systems Inc | 股票-科技 | 1.14% | +0.22% | -17.32% | |
| 12 | LRCX | Lam Research CORP | 股票-科技 | 1.10% | +0.56% | -34.56% | |
| 13 | TJX | Tjx Companies Inc | 股票-循環性消費 | 0.99% | -0.17% | +5.95% | |
| 14 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.99% | +0.02% | +6.59% | |
| 15 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.97% | -0.02% | -10.63% | |
| 16 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.96% | -0.59% | -3.39% | |
| 17 | TT | Trane Technologies plc | 股票-工業 | 0.87% | -0.19% | +2.90% | |
| 18 | V | Visa Inc-class A Shares | 股票-金融 | 0.83% | — | -2.76% | |
| 19 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.82% | +0.11% | -7.69% | |
| 20 | AMD | Advanced Micro Devices | 股票-科技 | 0.81% | +0.65% | +11.71% | |
| 21 | C | Citigroup Inc | 股票-金融 | 0.80% | +0.11% | +11.82% | |
| 22 | AXP | American Express Co | 股票-金融 | 0.79% | +0.02% | +6.20% | |
| 23 | LIN | Linde plc | 股票-原物料 | 0.78% | -0.41% | +34.48% | |
| 24 | NFLX | Netflix Inc | 股票-通訊服務 | 0.78% | -0.26% | +886.65% | |
| 25 | MCK | Mckesson CORP | 股票-醫療保健 | 0.76% | -0.18% | -1.99% | |
| 26 | AMGN | Amgen Inc | 股票-醫療保健 | 0.73% | -0.17% | -9.51% | |
| 27 | EMR | Emerson Electric Co | 股票-工業 | 0.71% | -0.10% | -11.52% | |
| 28 | WM | Waste Management Inc | 股票-工業 | 0.67% | -0.20% | +7.18% | |
| 29 | NOW | Servicenow Inc | 股票-科技 | 0.62% | -0.01% | +388.66% | |
| 30 | WAB | Wabtec CORP | 股票-工業 | 0.57% | -0.13% | +55.47% | |
| 31 | GILD | Gilead Sciences Inc | 股票-醫療保健 | 0.54% | -0.15% | +16.46% | |
| 32 | CRM | Salesforce Inc | 股票-科技 | 0.54% | -0.11% | +2.42% | |
| 33 | ZTS | Zoetis Inc | 股票-醫療保健 | 0.53% | -0.25% | +79.17% | |
| 34 | EBAY | Ebay Inc | 股票-循環性消費 | 0.53% | -0.03% | -12.48% | |
| 35 | HIG | Hartford Insurance Group Inc | 股票-金融 | 0.52% | -0.06% | +1.90% | |
| 36 | TSLA | Tesla Inc | 股票-循環性消費 | 0.50% | +0.01% | -8.37% | |
| 37 | AMAT | Applied Materials Inc | 股票-科技 | 0.50% | +0.56% | -9.13% | |
| 38 | WFC | Wells Fargo & Co | 股票-金融 | 0.48% | -0.02% | -3.36% | |
| 39 | FTNT | Fortinet Inc | 股票-科技 | 0.47% | +0.32% | -0.24% | |
| 40 | BDX | Becton Dickinson And Co | 股票-醫療保健 | 0.46% | -0.25% | -14.19% | |
| 41 | ANET | Arista Networks Inc | 股票-科技 | 0.46% | +0.02% | -34.96% | |
| 42 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 0.45% | -0.17% | -55.52% | |
| 43 | CTAS | Cintas CORP | 股票-工業 | 0.44% | -0.10% | +6.18% | |
| 44 | DASH | Doordash Inc - A | 股票-循環性消費 | 0.44% | -0.18% | +2.00% | |
| 45 | HCA | Hca Healthcare Inc | 股票-醫療保健 | 0.44% | -0.18% | +11.16% | |
| 46 | RSG | Republic Services Inc | 股票-工業 | 0.42% | -0.24% | -1.98% | |
| 47 | NEM | Newmont CORP | 股票-原物料 | 0.41% | -0.14% | +10.33% | |
| 48 | MU | Micron Technology Inc | 股票-科技 | 0.40% | +1.19% | -10.39% | |
| 49 | GIS | General Mills Inc | 股票-非循環性消費 | 0.40% | -0.03% | +0.24% | |
| 50 | PANW | Palo Alto Networks Inc | 股票-科技 | 0.40% | +0.05% | +3.12% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | AVGO | Broadcom Inc | +1% | +47.50% | 加碼 |
| 2 | GOOG | Alphabet Inc-cl C | +0.6% | +4.86% | 加碼 |
| 3 | LLY | Eli Lilly & Co | +0.5% | +8.03% | 加碼 |
| 4 | AAPL | Apple Inc | +0.4% | +3.74% | 加碼 |
| 5 | AMZN | Amazon.com Inc | +0.3% | +8.26% | 加碼 |
| 6 | AMD | Advanced Micro Devices | +0.3% | +11.71% | 加碼 |
| 7 | WAB | Wabtec CORP | +0.2% | +55.47% | 加碼 |
| 8 | MRK | Merck & Co. Inc. | +0.2% | -3.39% | 減碼 |
| 9 | ZTS | Zoetis Inc | +0.2% | +79.17% | 加碼 |
| 10 | C | Citigroup Inc | +0.2% | +11.82% | 加碼 |
| 11 | RCL | Royal Caribbean Cruises Ltd. | +0.2% | +135.01% | 加碼 |
| 12 | CMI | Cummins Inc | +0.1% | +103.79% | 加碼 |
| 13 | MU | Micron Technology Inc | +0.1% | -10.39% | 減碼 |
| 14 | ZBRA | Zebra Technologies Corp-cl A | +0.1% | +87.89% | 加碼 |
| 15 | AME | Ametek Inc | +0.1% | +824.96% | 加碼 |
| 16 | LIN | Linde plc | +0.1% | +34.48% | 加碼 |
| 17 | DY | Dycom Industries Inc | +0.1% | +5603.56% | 加碼 |
| 18 | AXP | American Express Co | +0.1% | +6.20% | 加碼 |
| 19 | CLH | Clean Harbors Inc | +0.1% | +120.84% | 加碼 |
| 20 | GILD | Gilead Sciences Inc | +0.1% | +16.46% | 加碼 |
| 21 | ILMN | Illumina Inc | +0.1% | +2792.18% | 加碼 |
| 22 | NVDA | Nvidia CORP | +0.1% | +2.66% | 加碼 |
| 23 | TJX | Tjx Companies Inc | +0.1% | +5.95% | 加碼 |
| 24 | NEM | Newmont CORP | +0.1% | +10.33% | 加碼 |
| 25 | SYF | Synchrony Financial | +0.1% | +13.05% | 加碼 |
| 26 | CAH | Cardinal Health Inc | +0.1% | +328.28% | 加碼 |
| 27 | JPM | Jpmorgan Chase & Co | +0.1% | +6.59% | 加碼 |
| 28 | GOOGL | Alphabet Inc-cl A | 0% | -20.14% | 減碼 |
| 29 | PYPL | Paypal Holdings Inc | -0.1% | -24.19% | 減碼 |
| 30 | CDNS | Cadence Design Sys Inc | -0.1% | -46.04% | 減碼 |
| 31 | TSM | Taiwan Semiconductor-sp Adr | -0.1% | -84.32% | 減碼 |
| 32 | EBAY | Ebay Inc | -0.1% | -12.48% | 減碼 |
| 33 | FISV | Fiserv Inc | -0.1% | +5.09% | 加碼 |
| 34 | CSCO | Cisco Systems Inc | -0.1% | -17.32% | 減碼 |
| 35 | INTU | Intuit Inc | -0.1% | -22.98% | 減碼 |
| 36 | WDAY | Workday Inc-class A | -0.2% | -43.35% | 減碼 |
| 37 | NOW | Servicenow Inc | -0.2% | +388.66% | 加碼 |
| 38 | MRVL | Marvell Technology Inc | -0.2% | -40.04% | 減碼 |
| 39 | LH | Labcorp Holdings Inc | -0.2% | -36.38% | 減碼 |
| 40 | HO1 | Hologic Inc | -0.2% | -99.18% | 減碼 |
| 41 | QCOM | Qualcomm Inc | -0.2% | -58.67% | 減碼 |
| 42 | IQV | Iqvia Holdings Inc | -0.2% | -69.18% | 減碼 |
| 43 | LRCX | Lam Research CORP | -0.2% | -34.56% | 減碼 |
| 44 | NFLX | Netflix Inc | -0.2% | +886.65% | 加碼 |
| 45 | VRT | Vertiv Holdings Co-a | -0.3% | -85.71% | 減碼 |
| 46 | ANET | Arista Networks Inc | -0.3% | -34.96% | 減碼 |
| 47 | META | Meta Platforms Inc-class A | -0.3% | -10.71% | 減碼 |
| 48 | MSFT | Microsoft CORP | -0.5% | +0.23% | 加碼 |
| 49 | BKNG | Booking Holdings Inc | -0.6% | -55.52% | 減碼 |
| 50 | FDS | Factset Research Systems Inc | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Nordea Investment Management AB 在 Q4 2025 季度的美股持倉總市值約為 US$1226.3億，共申報了 859 個公開持股部位。
在 Q4 2025 季度，Nordea Investment Management AB 按市值排列的前三大核心持股分別為：NVDA (6.5%)、MSFT (5.9%)、AAPL (5.1%)。其中最大持股部位 NVDA 佔據整體投資組合約 6.5% 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。
本季最大獲利了結 / 清倉標的
FDS
前期市值: US$1.0億
在 Q4 2025 季度中，Nordea Investment Management AB 共進行了 50 項持倉異動，包含新建倉 0 個部位、加碼 29 個部位、減碼 20 個部位以及清倉 1 個部位。 本季清倉部位包含 FDS。
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。