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: 0002097005
申報總市值
US$93.8億
US$93.8億
776 檔
24.6%
Q4 2025 季度申報顯示，OP Asset Management Ltd 揭露的美股組合總市值為 US$93.8億，涵蓋 776 個不同之權益投資部位。
觀察 Q4 2025 的申報異動，OP Asset Management Ltd 採取了強勁的買進策略，建倉與加碼動作（合計 35 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, AAPL, MSFT）占據了總市值的 24.6%，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 776 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 | 7.87% | +7.67% | NEW | |
| 2 | AAPL | Apple Inc | 股票-科技 | 6.16% | -35.07% | +9.25% | |
| 3 | MSFT | Microsoft CORP | 股票-科技 | 5.52% | +4.01% | NEW | |
| 4 | IVV | Ishares Core S&p 500 ETF | ETF-大型股與成長 | 4.44% | +4.55% | NEW | |
| 5 | AMZN | Amazon.com Inc | 股票-循環性消費 | 3.44% | -18.84% | +10.05% | |
| 6 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 2.73% | +2.73% | NEW | |
| 7 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 2.69% | +2.73% | NEW | |
| 8 | AVGO | Broadcom Inc | 股票-科技 | 2.55% | +2.53% | NEW | |
| 9 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 2.15% | +1.52% | NEW | |
| 10 | TSLA | Tesla Inc | 股票-循環性消費 | 1.89% | +1.55% | NEW | |
| 11 | VOO | Vanguard S&p 500 ETF | ETF-大型股與成長 | 1.63% | +2.32% | NEW | |
| 12 | LLY | Eli Lilly & Co | 股票-醫療保健 | 1.45% | +1.45% | NEW | |
| 13 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.17% | +1.05% | NEW | |
| 14 | VRT | Vertiv Holdings Co-a | 股票-工業 | 1.08% | +0.42% | NEW | |
| 15 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.97% | -5.90% | +9.74% | |
| 16 | V | Visa Inc-class A Shares | 股票-金融 | 0.85% | +1.04% | NEW | |
| 17 | MLI | Mueller Industries Inc | 股票-工業 | 0.82% | +0.25% | NEW | |
| 18 | MA | Mastercard Inc - A | 股票-金融 | 0.79% | +0.61% | NEW | |
| 19 | WMT | Walmart Inc | 股票-非循環性消費 | 0.77% | +0.71% | NEW | |
| 20 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.72% | +0.73% | NEW | |
| 21 | AMD | Advanced Micro Devices | 股票-科技 | 0.68% | -2.74% | +9.27% | |
| 22 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.68% | +0.67% | NEW | |
| 23 | XOM | Exxon Mobil CORP | 股票-能源 | 0.67% | +0.68% | NEW | |
| 24 | NOW | Servicenow Inc | 股票-科技 | 0.66% | +0.22% | NEW | |
| 25 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 0.62% | +0.31% | NEW | |
| 26 | PH | Parker Hannifin CORP | 股票-工業 | 0.61% | +0.69% | NEW | |
| 27 | NFLX | Netflix Inc | 股票-通訊服務 | 0.55% | +0.40% | NEW | |
| 28 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.53% | +0.53% | NEW | |
| 29 | BAC | Bank Of America CORP | 股票-金融 | 0.51% | -1.47% | -8.85% | |
| 30 | ORCL | Oracle CORP | 股票-科技 | 0.48% | +0.30% | NEW | |
| 31 | MTZ | Mastec Inc | 股票-工業 | 0.48% | +0.69% | NEW | |
| 32 | CSCO | Cisco Systems Inc | 股票-科技 | 0.45% | +0.64% | NEW | |
| 33 | HD | Home Depot Inc | 股票-循環性消費 | 0.45% | +0.42% | NEW | |
| 34 | MU | Micron Technology Inc | 股票-科技 | 0.44% | +1.91% | NEW | |
| 35 | GE | General Electric | 股票-工業 | 0.43% | +0.46% | NEW | |
| 36 | PWR | Quanta Services Inc | 股票-工業 | 0.39% | -2.43% | +21.83% | |
| 37 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 0.39% | +0.45% | NEW | |
| 38 | WFC | Wells Fargo & Co | 股票-金融 | 0.39% | +0.31% | NEW | |
| 39 | LRCX | Lam Research CORP | 股票-科技 | 0.38% | +0.78% | NEW | |
| 40 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 0.37% | +0.23% | NEW | |
| 41 | IBM | Intl Business Machines CORP | 股票-科技 | 0.36% | +0.31% | NEW | |
| 42 | RSP | Invesco S&p 500 Equal Weight | ETF-大型股與成長 | 0.36% | — | — | |
| 43 | CRM | Salesforce Inc | 股票-科技 | 0.36% | +0.16% | NEW | |
| 44 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.35% | +0.36% | NEW | |
| 45 | MS | Morgan Stanley | 股票-金融 | 0.35% | +0.30% | NEW | |
| 46 | MCD | Mcdonald's CORP | 股票-循環性消費 | 0.35% | +0.22% | NEW | |
| 47 | CAT | Caterpillar Inc | 股票-工業 | 0.35% | +0.59% | NEW | |
| 48 | AMAT | Applied Materials Inc | 股票-科技 | 0.35% | -1.08% | -1.21% | |
| 49 | UBER | Uber Technologies Inc | 股票-工業 | 0.35% | +0.17% | NEW | |
| 50 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.35% | +0.38% | NEW |
| # | 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 | +0.8% | +15.68% | 加碼 |
| 2 | GOOG | Alphabet Inc-cl C | +0.7% | +14.40% | 加碼 |
| 3 | LLY | Eli Lilly & Co | +0.5% | +17.50% | 加碼 |
| 4 | AAPL | Apple Inc | +0.5% | +9.25% | 加碼 |
| 5 | AVGO | Broadcom Inc | +0.4% | +19.90% | 加碼 |
| 6 | MLI | Mueller Industries Inc | +0.3% | +53.66% | 加碼 |
| 7 | AMZN | Amazon.com Inc | +0.2% | +10.05% | 加碼 |
| 8 | NVDA | Nvidia CORP | +0.2% | +10.99% | 加碼 |
| 9 | AMD | Advanced Micro Devices | +0.2% | +9.27% | 加碼 |
| 10 | MU | Micron Technology Inc | +0.2% | -1.61% | 減碼 |
| 11 | VMI | Valmont Industries | +0.2% | +297.08% | 加碼 |
| 12 | GNRC | Generac Holdings Inc | +0.1% | +328.83% | 加碼 |
| 13 | MA | Mastercard Inc - A | +0.1% | +22.53% | 加碼 |
| 14 | IQV | Iqvia Holdings Inc | +0.1% | +104.87% | 加碼 |
| 15 | COF | Capital One Financial CORP | +0.1% | +43.06% | 加碼 |
| 16 | MS | Morgan Stanley | +0.1% | +26.95% | 加碼 |
| 17 | L | Loews CORP | +0.1% | +324.41% | 加碼 |
| 18 | EW | Edwards Lifesciences CORP | +0.1% | +114.85% | 加碼 |
| 19 | BKNG | Booking Holdings Inc | +0.1% | +34.96% | 加碼 |
| 20 | NEE | Nextera Energy Inc | +0.1% | +37.21% | 加碼 |
| 21 | TMO | Thermo Fisher Scientific Inc | +0.1% | +14.91% | 加碼 |
| 22 | CAH | Cardinal Health Inc | +0.1% | +20.12% | 加碼 |
| 23 | ADI | Analog Devices Inc | +0.1% | +39.66% | 加碼 |
| 24 | CSCO | Cisco Systems Inc | +0.1% | +13.46% | 加碼 |
| 25 | LRCX | Lam Research CORP | +0.1% | -0.07% | 減碼 |
| 26 | KD | Kyndryl Holdings Inc | +0.1% | +88.99% | 加碼 |
| 27 | JNJ | Johnson & Johnson | +0.1% | +3.53% | 加碼 |
| 28 | MTZ | Mastec Inc | +0.1% | +18.86% | 加碼 |
| 29 | PWR | Quanta Services Inc | +0.1% | +21.83% | 加碼 |
| 30 | BRK-B | Berkshire Hathaway Inc-cl B | 0% | +9.74% | 加碼 |
| 31 | TSLA | Tesla Inc | 0% | +6.47% | 加碼 |
| 32 | HWKN | Hawkins Inc | -0.1% | -74.97% | 減碼 |
| 33 | MRVL | Marvell Technology Inc | -0.1% | -35.43% | 減碼 |
| 34 | DIS | Walt Disney Co/the | -0.1% | -21.73% | 減碼 |
| 35 | FISV | Fiserv Inc | -0.1% | -36.27% | 減碼 |
| 36 | AXON | Axon Enterprise Inc | -0.1% | -40.74% | 減碼 |
| 37 | MKL | Markel Group Inc | -0.1% | -63.57% | 減碼 |
| 38 | WDAY | Workday Inc-class A | -0.2% | -49.48% | 減碼 |
| 39 | MSFT | Microsoft CORP | -0.2% | +12.55% | 加碼 |
| 40 | HD | Home Depot Inc | -0.2% | -8.99% | 減碼 |
| 41 | NFLX | Netflix Inc | -0.2% | +949.75% | 加碼 |
| 42 | ORCL | Oracle CORP | -0.2% | +10.52% | 加碼 |
| 43 | PH | Parker Hannifin CORP | -0.2% | -32.72% | 減碼 |
| 44 | CLH | Clean Harbors Inc | -0.3% | -68.85% | 減碼 |
| 45 | NOW | Servicenow Inc | -0.3% | +363.39% | 加碼 |
| 46 | IVV | Ishares Core S&p 500 ETF | -0.3% | — | 不變 |
| 47 | META | Meta Platforms Inc-class A | -0.4% | +1.84% | 加碼 |
| 48 | INSM | Insmed Inc | — | NEW | 新建倉 |
| 49 | 37M | Mrc Global Inc | — | EXIT | 清倉 |
| 50 | PCTY | Paylocity Holding CORP | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，OP Asset Management Ltd 在 Q4 2025 季度的美股持倉總市值約為 US$93.8億，共申報了 776 個公開持股部位。
在 Q4 2025 季度，OP Asset Management Ltd 按市值排列的前三大核心持股分別為：NVDA (7.9%)、AAPL (6.2%)、MSFT (5.5%)。其中最大持股部位 NVDA 佔據整體投資組合約 7.9% 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
INSM
市值: US$879.8萬
本季最大獲利了結 / 清倉標的
37M
前期市值: US$715.0萬
在 Q4 2025 季度中，OP Asset Management Ltd 共進行了 49 項持倉異動，包含新建倉 1 個部位、加碼 34 個部位、減碼 12 個部位以及清倉 2 個部位。 其中最大新建倉標的為 INSM。 本季清倉部位包含 37M。
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。