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: 0001082215
申報總市值
US$27.1億
US$27.1億
188 檔
29.5%
Northeast Investment Management 在 Q4 2025 季度的美股部位總計估值為 US$27.1億，分散於 188 個持倉標的之中，反映其市場參與廣度與投資規模。
在 Q4 2025，Northeast Investment Management 進行了溫和的常態性持倉調整（包含新建倉 4 檔、加碼 21 檔、減碼 25 檔與清倉 0 檔），整體投資組合架構維持相對穩定。
在資產配置集中度方面，Northeast Investment Management 的前 5 大核心持股（包含 NVDA, AAPL, GOOGL 等）合計佔整體申報市值的 29.5%，反映機構在主要關鍵部位上的權重分佈。
| # | 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 | 8.52% | +0.07% | -2.25% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 6.78% | +0.21% | -0.26% | |
| 3 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 6.36% | +0.54% | -2.53% | |
| 4 | MSFT | Microsoft CORP | 股票-科技 | 4.82% | -0.34% | -0.03% | |
| 5 | AMZN | Amazon.com Inc | 股票-循環性消費 | 4.81% | +0.63% | -0.85% | |
| 6 | V | Visa Inc-class A Shares | 股票-金融 | 3.33% | +0.03% | -0.71% | |
| 7 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 3.10% | -0.64% | -0.49% | |
| 8 | VOO | Vanguard S&p 500 ETF | ETF-大型股與成長 | 2.77% | +0.10% | +1.88% | |
| 9 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 2.73% | -0.29% | -0.52% | |
| 10 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 2.71% | -0.19% | +2.31% | |
| 11 | JPM | Jpmorgan Chase & Co | 股票-金融 | 2.44% | -0.02% | -0.98% | |
| 12 | LLY | Eli Lilly & Co | 股票-醫療保健 | 2.27% | +0.34% | -0.21% | |
| 13 | ISRG | Intuitive Surgical Inc | 股票-醫療保健 | 2.06% | -0.53% | -0.52% | |
| 14 | ABBNY | Abb Ltd-spon Adr | 股票-工業 | 2.04% | +0.44% | -1.44% | |
| 15 | TMO | Thermo Fisher Scientific Inc | 股票-醫療保健 | 1.88% | -0.16% | -0.69% | |
| 16 | WMT | Walmart Inc | 股票-非循環性消費 | 1.68% | -0.37% | +2.27% | |
| 17 | UNP | Union Pacific CORP | 股票-工業 | 1.63% | -0.01% | -2.34% | |
| 18 | LOW | Lowe's Cos Inc | 股票-循環性消費 | 1.50% | -0.26% | -1.95% | |
| 19 | GS | Goldman Sachs Group Inc | 股票-金融 | 1.45% | +0.11% | +1.19% | |
| 20 | DHR | Danaher CORP | 股票-醫療保健 | 1.42% | -0.14% | -1.82% | |
| 21 | JNJ | Johnson & Johnson | 股票-醫療保健 | 1.39% | -0.13% | +0.13% | |
| 22 | ASML | ASML Holding N.V. | 股票-科技 | 1.39% | +0.65% | +0.02% | |
| 23 | VB | Vanguard Small-cap ETF | ETF-其他 | 1.30% | +0.10% | +2.40% | |
| 24 | BX | Blackstone Inc | 股票-金融 | 1.25% | -0.24% | +0.02% | |
| 25 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 1.25% | +0.10% | -1.97% | |
| 26 | WM | Waste Management Inc | 股票-工業 | 1.21% | -0.20% | +2.74% | |
| 27 | NEE | Nextera Energy Inc | 股票-公用事業 | 1.19% | -0.22% | -2.39% | |
| 28 | PANW | Palo Alto Networks Inc | 股票-科技 | 1.13% | +0.95% | +12.10% | |
| 29 | AMT | American Tower CORP | 股票-房地產 | 1.10% | -0.21% | -4.36% | |
| 30 | VEA | Vanguard Ftse Developed ETF | ETF-其他 | 1.06% | +0.07% | +4.02% | |
| 31 | VIG | Vanguard Dividend Apprec ETF | ETF-其他 | 1.06% | -0.07% | -3.01% | |
| 32 | URI | United Rentals Inc | 股票-工業 | 0.96% | +0.36% | +0.54% | |
| 33 | MCD | Mcdonald's CORP | 股票-循環性消費 | 0.95% | -0.23% | -2.60% | |
| 34 | TJX | Tjx Companies Inc | 股票-循環性消費 | 0.89% | -0.06% | +3.15% | |
| 35 | VO | Vanguard Mid-cap ETF | ETF-其他 | 0.82% | +0.01% | +2.34% | |
| 36 | HON | Honeywell International Inc | 股票-工業 | 0.80% | -0.93% | EXIT | |
| 37 | XOM | Exxon Mobil CORP | 股票-能源 | 0.80% | -0.34% | -1.74% | |
| 38 | NFLX | Netflix Inc | 股票-通訊服務 | 0.75% | -0.29% | +919.02% | |
| 39 | MGK | Vanguard Mega Cap Growth ETF | ETF-其他 | 0.71% | +0.08% | +13.97% | |
| 40 | BLK | Blackrock Inc | 股票-金融 | 0.70% | -0.08% | -0.41% | |
| 41 | DE | Deere & Co | 股票-工業 | 0.70% | — | -1.19% | |
| 42 | NOW | Servicenow Inc | 股票-科技 | 0.69% | -0.12% | EXIT | |
| 43 | DIS | Walt Disney Co/the | 股票-通訊服務 | 0.67% | -0.08% | -1.45% | |
| 44 | CVX | Chevron CORP | 股票-能源 | 0.61% | -0.24% | -2.13% | |
| 45 | SPOT | Spotify Technology S.A. | 股票-通訊服務 | 0.54% | -0.10% | +3.87% | |
| 46 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.52% | -0.06% | -3.13% | |
| 47 | UBER | Uber Technologies Inc | 股票-工業 | 0.45% | -0.13% | +20.66% | |
| 48 | ABT | Abbott Laboratories | 股票-醫療保健 | 0.44% | -0.09% | -0.60% | |
| 49 | SHW | Sherwin-williams Co/the | 股票-原物料 | 0.43% | -0.02% | -2.47% | |
| 50 | TSLA | Tesla Inc | 股票-循環性消費 | 0.42% | +0.02% | +2.58% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | GOOGL | Alphabet Inc-cl A | +1.1% | -2.53% | 減碼 |
| 2 | LLY | Eli Lilly & Co | +0.6% | -0.21% | 減碼 |
| 3 | ISRG | Intuitive Surgical Inc | +0.4% | -0.52% | 減碼 |
| 4 | TMO | Thermo Fisher Scientific Inc | +0.3% | -0.69% | 減碼 |
| 5 | GOOG | Alphabet Inc-cl C | +0.2% | -1.97% | 減碼 |
| 6 | AAPL | Apple Inc | +0.2% | -0.26% | 減碼 |
| 7 | PWR | Quanta Services Inc | +0.2% | +210.56% | 加碼 |
| 8 | DHR | Danaher CORP | +0.1% | -1.82% | 減碼 |
| 9 | WMT | Walmart Inc | +0.1% | +2.27% | 加碼 |
| 10 | GS | Goldman Sachs Group Inc | +0.1% | +1.19% | 加碼 |
| 11 | JNJ | Johnson & Johnson | +0.1% | +0.13% | 加碼 |
| 12 | ASML | ASML Holding N.V. | +0.1% | +0.02% | 加碼 |
| 13 | MGK | Vanguard Mega Cap Growth ETF | +0.1% | +13.97% | 加碼 |
| 14 | AMZN | Amazon.com Inc | +0.1% | -0.85% | 減碼 |
| 15 | TJX | Tjx Companies Inc | +0.1% | +3.15% | 加碼 |
| 16 | VEA | Vanguard Ftse Developed ETF | +0.1% | +4.02% | 加碼 |
| 17 | CAT | Caterpillar Inc | +0.1% | +0.15% | 加碼 |
| 18 | ANET | Arista Networks Inc | +0.1% | +216.02% | 加碼 |
| 19 | VOO | Vanguard S&p 500 ETF | 0% | +1.88% | 加碼 |
| 20 | MRK | Merck & Co. Inc. | 0% | +5.74% | 加碼 |
| 21 | GEV | GE Vernova Inc | 0% | +13.75% | 加碼 |
| 22 | WFC | Wells Fargo & Co | 0% | +71.32% | 加碼 |
| 23 | VB | Vanguard Small-cap ETF | 0% | +2.40% | 加碼 |
| 24 | NEE | Nextera Energy Inc | 0% | -2.39% | 減碼 |
| 25 | XOM | Exxon Mobil CORP | 0% | -1.74% | 減碼 |
| 26 | BRK-B | Berkshire Hathaway Inc-cl B | 0% | +2.31% | 加碼 |
| 27 | V | Visa Inc-class A Shares | 0% | -0.71% | 減碼 |
| 28 | HD | Home Depot Inc | -0.1% | -9.59% | 減碼 |
| 29 | SHW | Sherwin-williams Co/the | -0.1% | -2.47% | 減碼 |
| 30 | CLX | Clorox Company | -0.1% | -24.83% | 減碼 |
| 31 | PG | Procter & Gamble Co/the | -0.1% | -3.13% | 減碼 |
| 32 | BLK | Blackrock Inc | -0.1% | -0.41% | 減碼 |
| 33 | SPOT | Spotify Technology S.A. | -0.1% | +3.87% | 加碼 |
| 34 | HON | Honeywell International Inc | -0.1% | -4.57% | 減碼 |
| 35 | UNP | Union Pacific CORP | -0.1% | -2.34% | 減碼 |
| 36 | LOW | Lowe's Cos Inc | -0.1% | -1.95% | 減碼 |
| 37 | BX | Blackstone Inc | -0.2% | +0.02% | 加碼 |
| 38 | AMT | American Tower CORP | -0.2% | -4.36% | 減碼 |
| 39 | URI | United Rentals Inc | -0.2% | +0.54% | 加碼 |
| 40 | ACN | Accenture plc | -0.2% | -47.00% | 減碼 |
| 41 | NFLX | Netflix Inc | -0.2% | +919.02% | 加碼 |
| 42 | COST | Costco Wholesale CORP | -0.3% | -0.49% | 減碼 |
| 43 | NOW | Servicenow Inc | -0.4% | +299.60% | 加碼 |
| 44 | META | Meta Platforms Inc-class A | -0.4% | -0.52% | 減碼 |
| 45 | NVDA | Nvidia CORP | -0.5% | -2.25% | 減碼 |
| 46 | MSFT | Microsoft CORP | -0.5% | -0.03% | 減碼 |
| 47 | CEG | Constellation Energy | — | NEW | 新建倉 |
| 48 | PRU | Prudential Financial Inc | — | NEW | 新建倉 |
| 49 | VST | Vistra CORP | — | NEW | 新建倉 |
| 50 | KMI | Kinder Morgan, Inc. | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Northeast Investment Management 在 Q4 2025 季度的美股持倉總市值約為 US$27.1億，共申報了 188 個公開持股部位。
在 Q4 2025 季度，Northeast Investment Management 按市值排列的前三大核心持股分別為：NVDA (8.5%)、AAPL (6.8%)、GOOGL (6.4%)。其中最大持股部位 NVDA 佔據整體投資組合約 8.5% 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。
本季最大新建倉標的
CEG
市值: US$293.8萬
本季最大獲利了結 / 清倉標的
NVDA
前期市值: US$2.2億
在 Q4 2025 季度中，Northeast Investment Management 共進行了 50 項持倉異動，包含新建倉 4 個部位、加碼 21 個部位、減碼 25 個部位以及清倉 0 個部位。 其中最大新建倉標的為 CEG。
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。