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: 0001692227
申報總市值
US$2.4億
US$2.4億
105 檔
20.2%
Q4 2025 季度申報顯示，Norway Savings Bank 揭露的美股組合總市值為 US$2.4億，涵蓋 105 個不同之權益投資部位。
觀察 Q4 2025 的申報異動，Norway Savings Bank 採取了強勁的買進策略，建倉與加碼動作（合計 36 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 GOOGL, AAPL, MSFT）占據了總市值的 20.2%，展現出該機構在 Q4 2025 的重點資金聚焦與風險分佈特徵。
| # | 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 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 5.42% | +0.32% | +0.70% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 5.19% | -0.09% | -0.89% | |
| 3 | MSFT | Microsoft CORP | 股票-科技 | 4.29% | -0.25% | +2.73% | |
| 4 | NVDA | Nvidia CORP | 股票-科技 | 3.98% | +0.02% | +0.33% | |
| 5 | JPM | Jpmorgan Chase & Co | 股票-金融 | 3.42% | -0.10% | +3.97% | |
| 6 | AMZN | Amazon.com Inc | 股票-循環性消費 | 3.34% | +0.07% | +4.67% | |
| 7 | APH | Amphenol Corp-cl A | 股票-科技 | 3.04% | +0.60% | -0.74% | |
| 8 | EMXC | Ishares Msci Emr Mrk Ex Chna | ETF-其他 | 2.64% | +0.47% | -0.97% | |
| 9 | LLY | Eli Lilly & Co | 股票-醫療保健 | 2.60% | +0.03% | +11.36% | |
| 10 | PANW | Palo Alto Networks Inc | 股票-科技 | 2.46% | +1.92% | +0.21% | |
| 11 | ORCL | Oracle CORP | 股票-科技 | 2.40% | -0.26% | -1.10% | |
| 12 | SPDW | Ste Str Spdr Pt Dw EU ETF | ETF-其他 | 2.06% | -0.02% | +0.79% | |
| 13 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 2.03% | -0.20% | -0.47% | |
| 14 | ABT | Abbott Laboratories | 股票-醫療保健 | 1.86% | -0.29% | -0.68% | |
| 15 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.78% | -0.22% | +10.62% | |
| 16 | ADI | Analog Devices Inc | 股票-科技 | 1.72% | +0.13% | +5.19% | |
| 17 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 1.67% | -0.33% | +9.25% | |
| 18 | DGRO | Ishares Core Dividend Growth | ETF-其他 | 1.57% | -0.04% | +2.73% | |
| 19 | AMD | Advanced Micro Devices | 股票-科技 | 1.50% | +2.17% | +1.18% | |
| 20 | CVX | Chevron CORP | 股票-能源 | 1.49% | -0.63% | -0.19% | |
| 21 | IDXX | Idexx Laboratories Inc | 股票-醫療保健 | 1.45% | -0.15% | +25.50% | |
| 22 | CRM | Salesforce Inc | 股票-科技 | 1.45% | -0.32% | +3.73% | |
| 23 | XOM | Exxon Mobil CORP | 股票-能源 | 1.43% | -0.61% | -1.30% | |
| 24 | JNJ | Johnson & Johnson | 股票-醫療保健 | 1.40% | -0.20% | -1.26% | |
| 25 | GS | Goldman Sachs Group Inc | 股票-金融 | 1.37% | +0.09% | +4.83% | |
| 26 | BLK | Blackrock Inc | 股票-金融 | 1.36% | -0.11% | +2.50% | |
| 27 | CAT | Caterpillar Inc | 股票-工業 | 1.33% | +0.42% | +8.78% | |
| 28 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 1.27% | -0.12% | +0.25% | |
| 29 | ICE | Intercontinental Exchange In | 股票-金融 | 1.25% | -0.36% | +4.22% | |
| 30 | LOW | Lowe's Cos Inc | 股票-循環性消費 | 1.17% | -0.21% | +5.92% | |
| 31 | BA | Boeing Co/the | 股票-工業 | 1.12% | +0.01% | +9.52% | |
| 32 | BX | Blackstone Inc | 股票-金融 | 1.10% | -0.06% | +2.18% | |
| 33 | HCA | Hca Healthcare Inc | 股票-醫療保健 | 0.99% | -0.25% | +7.36% | |
| 34 | KLAC | Kla CORP | 股票-科技 | 0.97% | +0.79% | -2.27% | |
| 35 | TJX | Tjx Companies Inc | 股票-循環性消費 | 0.95% | -0.13% | +3.85% | |
| 36 | MCHP | Microchip Technology Inc | 股票-科技 | 0.95% | +0.24% | -3.53% | |
| 37 | TYL | Tyler Technologies Inc | 股票-科技 | 0.94% | -0.25% | +5.34% | |
| 38 | HON | Honeywell International Inc | 股票-工業 | 0.93% | -1.12% | EXIT | |
| 39 | NEE | Nextera Energy Inc | 股票-公用事業 | 0.91% | -0.18% | +4.79% | |
| 40 | DLR | Digital Realty Trust Inc | 股票-房地產 | 0.82% | -0.08% | +3.55% | |
| 41 | COP | Conocophillips | 股票-能源 | 0.81% | -0.34% | -0.89% | |
| 42 | ISRG | Intuitive Surgical Inc | 股票-醫療保健 | 0.80% | -0.15% | +8.56% | |
| 43 | ZS | Zscaler Inc | 股票-科技 | 0.78% | -0.14% | +15.71% | |
| 44 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.77% | -0.01% | +1.49% | |
| 45 | DHR | Danaher CORP | 股票-醫療保健 | 0.75% | -0.09% | +0.70% | |
| 46 | PEP | Pepsico Inc | 股票-非循環性消費 | 0.74% | -0.19% | -0.73% | |
| 47 | AMGN | Amgen Inc | 股票-醫療保健 | 0.71% | -0.07% | +0.92% | |
| 48 | DUK | Duke Energy CORP | 股票-公用事業 | 0.69% | -0.12% | — | |
| 49 | KO | Coca-cola Co/the | 股票-非循環性消費 | 0.64% | -0.06% | -4.90% | |
| 50 | GD | General Dynamics CORP | 股票-工業 | 0.64% | -0.05% | +1.64% |
| # | 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% | +0.70% | 加碼 |
| 2 | LLY | Eli Lilly & Co | +0.9% | +11.36% | 加碼 |
| 3 | AMD | Advanced Micro Devices | +0.3% | +1.18% | 加碼 |
| 4 | IDXX | Idexx Laboratories Inc | +0.3% | +25.50% | 加碼 |
| 5 | CAT | Caterpillar Inc | +0.3% | +8.78% | 加碼 |
| 6 | ALB | Albemarle CORP | +0.2% | +6.32% | 加碼 |
| 7 | ISRG | Intuitive Surgical Inc | +0.2% | +8.56% | 加碼 |
| 8 | ADI | Analog Devices Inc | +0.2% | +5.19% | 加碼 |
| 9 | AMZN | Amazon.com Inc | +0.2% | +4.67% | 加碼 |
| 10 | CRM | Salesforce Inc | +0.2% | +3.73% | 加碼 |
| 11 | GS | Goldman Sachs Group Inc | +0.1% | +4.83% | 加碼 |
| 12 | APH | Amphenol Corp-cl A | +0.1% | -0.74% | 減碼 |
| 13 | HCA | Hca Healthcare Inc | +0.1% | +7.36% | 加碼 |
| 14 | JNJ | Johnson & Johnson | +0.1% | -1.26% | 減碼 |
| 15 | DHR | Danaher CORP | +0.1% | +0.70% | 加碼 |
| 16 | AMGN | Amgen Inc | +0.1% | +0.92% | 加碼 |
| 17 | AAPL | Apple Inc | +0.1% | -0.89% | 減碼 |
| 18 | NEE | Nextera Energy Inc | +0.1% | +4.79% | 加碼 |
| 19 | JPM | Jpmorgan Chase & Co | +0.1% | +3.97% | 加碼 |
| 20 | EMXC | Ishares Msci Emr Mrk Ex Chna | +0.1% | -0.97% | 減碼 |
| 21 | BA | Boeing Co/the | +0.1% | +9.52% | 加碼 |
| 22 | TJX | Tjx Companies Inc | +0.1% | +3.85% | 加碼 |
| 23 | KLAC | Kla CORP | +0.1% | -2.27% | 減碼 |
| 24 | JNJ | Johnson & Johnson | +0.1% | +1.49% | 加碼 |
| 25 | GOOG | Alphabet Inc-cl C | +0.1% | +11.42% | 加碼 |
| 26 | GSK | Gsk Plc-spon Adr | +0.1% | +13.82% | 加碼 |
| 27 | MRVL | Marvell Technology Inc | 0% | +10.62% | 加碼 |
| 28 | V | Visa Inc-class A Shares | 0% | +8.32% | 加碼 |
| 29 | XOM | Exxon Mobil CORP | 0% | -1.30% | 減碼 |
| 30 | SPDW | Ste Str Spdr Pt Dw EU ETF | — | +0.79% | 加碼 |
| 31 | DGRO | Ishares Core Dividend Growth | — | +2.73% | 加碼 |
| 32 | UPS | United Parcel Service-cl B | -0.1% | -45.77% | 減碼 |
| 33 | ACN | Accenture plc | -0.1% | -22.18% | 減碼 |
| 34 | ZBRA | Zebra Technologies Corp-cl A | -0.1% | +9.69% | 加碼 |
| 35 | ZTS | Zoetis Inc | -0.1% | -34.83% | 減碼 |
| 36 | DLR | Digital Realty Trust Inc | -0.1% | +3.55% | 加碼 |
| 37 | MRSH | Marsh & Mclennan Cos | -0.1% | -10.26% | 減碼 |
| 38 | ADBE | Adobe Inc | -0.1% | -18.79% | 減碼 |
| 39 | TYL | Tyler Technologies Inc | -0.1% | +5.34% | 加碼 |
| 40 | BX | Blackstone Inc | -0.2% | +2.18% | 加碼 |
| 41 | PG | Procter & Gamble Co/the | -0.2% | +0.25% | 加碼 |
| 42 | BLK | Blackrock Inc | -0.2% | +2.50% | 加碼 |
| 43 | ZS | Zscaler Inc | -0.2% | +15.71% | 加碼 |
| 44 | MDLZ | Mondelez International Inc-a | -0.2% | -24.70% | 減碼 |
| 45 | ABT | Abbott Laboratories | -0.2% | -0.68% | 減碼 |
| 46 | PANW | Palo Alto Networks Inc | -0.4% | +0.21% | 加碼 |
| 47 | MSFT | Microsoft CORP | -0.4% | +2.73% | 加碼 |
| 48 | ORCL | Oracle CORP | -1.3% | -1.10% | 減碼 |
| 49 | KKR | Kkr & Co Inc | — | NEW | 新建倉 |
| 50 | MMM | 3m Co | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Norway Savings Bank 在 Q4 2025 季度的美股持倉總市值約為 US$2.4億，共申報了 105 個公開持股部位。
在 Q4 2025 季度，Norway Savings Bank 按市值排列的前三大核心持股分別為：GOOGL (5.4%)、AAPL (5.2%)、MSFT (4.3%)。其中最大持股部位 GOOGL 佔據整體投資組合約 5.4% 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
KKR
市值: US$36.5萬
本季最大獲利了結 / 清倉標的
AAPL
前期市值: US$1060.6萬
在 Q4 2025 季度中，Norway Savings Bank 共進行了 50 項持倉異動，包含新建倉 2 個部位、加碼 34 個部位、減碼 14 個部位以及清倉 0 個部位。 其中最大新建倉標的為 KKR。
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。