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: 0001269119
申報總市值
US$96.3億
US$96.3億
1156 檔
10.2%
Oppenheimer Asset Management Inc. 在 Q2 2025 季度的美股部位總計估值為 US$96.3億，分散於 1156 個持倉標的之中，反映其市場參與廣度與投資規模。
觀察 Q2 2025 的資金脈絡，Oppenheimer Asset Management Inc. 在獲利結算 3 檔個股的同時，將資本重新部署至 5 檔新選標的，展現主動管理機構的輪動節奏。
在資產配置集中度方面，Oppenheimer Asset Management Inc. 的前 5 大核心持股（包含 MSFT, BIL, AMZN 等）合計佔整體申報市值的 10.2%，反映機構在主要關鍵部位上的權重分佈。
本季最大新建倉標的
MTUM
市值: US$1855.8萬
本季最大獲利了結 / 清倉標的
HEFA
前期市值: US$1052.5萬
僅顯示前 200 大持股（共 1156 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 | MSFT | Microsoft CORP | 股票-科技 | 3.73% | -0.31% | -1.03% | |
| 2 | BIL | Ss Spdr Bb 1-3m T-bill ETF | ETF-政府公債 | 2.47% | -0.31% | +9.06% | |
| 3 | AMZN | Amazon.com Inc | 股票-循環性消費 | 1.86% | — | -8.26% | |
| 4 | V | Visa Inc-class A Shares | 股票-金融 | 1.63% | -0.06% | -5.05% | |
| 5 | NVDA | Nvidia CORP | 股票-科技 | 1.59% | +0.12% | -1.92% | |
| 6 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.55% | +0.04% | -0.25% | |
| 7 | C | Citigroup Inc | 股票-金融 | 1.22% | -0.23% | +5.42% | |
| 8 | GBIL | Goldman Sachs Access Treasur | ETF-避險與商品 | 1.19% | +0.54% | -15.42% | |
| 9 | JNJ | Johnson & Johnson | 股票-醫療保健 | 1.15% | -0.16% | +0.38% | |
| 10 | CVX | Chevron CORP | 股票-能源 | 1.14% | -0.40% | -2.13% | |
| 11 | MA | Mastercard Inc - A | 股票-金融 | 0.95% | -0.15% | -1.21% | |
| 12 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.91% | -0.17% | +7.99% | |
| 13 | NFLX | Netflix Inc | 股票-通訊服務 | 0.89% | -0.18% | -3.39% | |
| 14 | DG | Dollar General CORP | 股票-非循環性消費 | 0.89% | +0.06% | -7.57% | |
| 15 | NOW | Servicenow Inc | 股票-科技 | 0.87% | -0.17% | +5.94% | |
| 16 | RTX | Rtx CORP | 股票-工業 | 0.85% | -0.10% | -15.53% | |
| 17 | ORCL | Oracle CORP | 股票-科技 | 0.83% | -0.09% | -9.10% | |
| 18 | VO | Vanguard Mid-cap ETF | ETF-其他 | 0.83% | +0.02% | -0.49% | |
| 19 | AVGO | Broadcom Inc | 股票-科技 | 0.80% | +0.12% | +4.34% | |
| 20 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 0.79% | +0.08% | -4.63% | |
| 21 | AAPL | Apple Inc | 股票-科技 | 0.78% | +0.12% | -30.10% | |
| 22 | VOD | Vodafone Group Plc-sp Adr | 股票-通訊服務 | 0.73% | -0.29% | -0.35% | |
| 23 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.72% | +0.04% | -10.51% | |
| 24 | THO | Thor Industries Inc | 股票-循環性消費 | 0.69% | -0.01% | +22.83% | |
| 25 | FDX | Fedex CORP | 股票-工業 | 0.68% | -0.14% | +24.33% | |
| 26 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.63% | -0.04% | -16.66% | |
| 27 | GM | General Motors Co | 股票-循環性消費 | 0.63% | -0.01% | -0.97% | |
| 28 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.61% | +0.26% | -12.76% | |
| 29 | MGA | Magna International Inc | 股票-循環性消費 | 0.60% | +0.07% | -0.34% | |
| 30 | LEN | Lennar Corp-a | 股票-循環性消費 | 0.58% | +0.07% | +16.83% | |
| 31 | CSCO | Cisco Systems Inc | 股票-科技 | 0.56% | +0.22% | -4.60% | |
| 32 | MDT | Medtronic plc | 股票-醫療保健 | 0.55% | -0.04% | +0.55% | |
| 33 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 0.55% | +0.01% | +3.00% | |
| 34 | ARW | Arrow Electronics Inc | 股票-科技 | 0.54% | -0.45% | +7460.83% | |
| 35 | T | At&t Inc | 股票-通訊服務 | 0.53% | -0.12% | -0.65% | |
| 36 | SHOP | Shopify Inc - Class A | 股票-科技 | 0.53% | -0.12% | +9.61% | |
| 37 | XLK | Ss Technology Select Sector | ETF-科技型 | 0.51% | +0.17% | -1.79% | |
| 38 | ZTS | Zoetis Inc | 股票-醫療保健 | 0.50% | -0.17% | +1.37% | |
| 39 | LBTYA | Liberty Global Ltd. | 股票-其他 | 0.48% | -0.07% | +16.09% | |
| 40 | XLC | Ss Comm Select Sector Spdr | ETF-其他 | 0.48% | -0.01% | +26.06% | |
| 41 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.47% | -0.02% | +9.09% | |
| 42 | MS | Morgan Stanley | 股票-金融 | 0.47% | +0.08% | -0.43% | |
| 43 | UL | Unilever PLC | 股票-非循環性消費 | 0.46% | — | -2.43% | |
| 44 | TMO | Thermo Fisher Scientific Inc | 股票-醫療保健 | 0.44% | -0.11% | +5.39% | |
| 45 | ASML | ASML Holding N.V. | 股票-科技 | 0.43% | +0.17% | -0.84% | |
| 46 | HD | Home Depot Inc | 股票-循環性消費 | 0.42% | -0.10% | +0.79% | |
| 47 | GD | General Dynamics CORP | 股票-工業 | 0.41% | -0.04% | -0.11% | |
| 48 | BAC | Bank Of America CORP | 股票-金融 | 0.41% | -0.02% | -0.42% | |
| 49 | ACN | Accenture plc | 股票-科技 | 0.41% | -0.08% | -10.16% | |
| 50 | GLW | Corning Inc | 股票-科技 | 0.40% | +0.23% | +5.44% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | MSFT | Microsoft CORP | +0.7% | -1.03% | 減碼 |
| 2 | ARW | Arrow Electronics Inc | +0.5% | +7460.83% | 加碼 |
| 3 | NVDA | Nvidia CORP | +0.4% | -1.92% | 減碼 |
| 4 | AVGO | Broadcom Inc | +0.3% | +4.34% | 加碼 |
| 5 | SGOV | Ishares 0-3 Month Treasury B | +0.2% | +223.03% | 加碼 |
| 6 | MCHP | Microchip Technology Inc | +0.2% | +800.12% | 加碼 |
| 7 | MTUM | Ishares Msci USA Momentum Fa | +0.2% | NEW | 新建倉 |
| 8 | META | Meta Platforms Inc-class A | +0.2% | +7.99% | 加碼 |
| 9 | ORCL | Oracle CORP | +0.2% | -9.10% | 減碼 |
| 10 | NFLX | Netflix Inc | +0.2% | -3.39% | 減碼 |
| 11 | NOW | Servicenow Inc | +0.2% | +5.94% | 加碼 |
| 12 | C | Citigroup Inc | +0.2% | +5.42% | 加碼 |
| 13 | THO | Thor Industries Inc | +0.2% | +22.83% | 加碼 |
| 14 | IDXX | Idexx Laboratories Inc | +0.2% | +192.98% | 加碼 |
| 15 | IEV | Ishares Europe ETF | +0.1% | NEW | 新建倉 |
| 16 | JPM | Jpmorgan Chase & Co | +0.1% | -0.25% | 減碼 |
| 17 | XLC | Ss Comm Select Sector Spdr | +0.1% | +26.06% | 加碼 |
| 18 | SYFI | AB Shrt Duration Hgh Yld ETF | +0.1% | NEW | 新建倉 |
| 19 | NGG | National Grid Plc-sp Adr | +0.1% | +2944.85% | 加碼 |
| 20 | SHOP | Shopify Inc - Class A | +0.1% | +9.61% | 加碼 |
| 21 | XLI | Ss Industrial Select Sector | +0.1% | +130.15% | 加碼 |
| 22 | DG | Dollar General CORP | +0.1% | -7.57% | 減碼 |
| 23 | AMCR | Amcor plc | +0.1% | NEW | 新建倉 |
| 24 | XLU | St Sr Utl Sl Se Spdr Etf-usd | +0.1% | NEW | 新建倉 |
| 25 | KLAC | Kla CORP | +0.1% | +2.97% | 加碼 |
| 26 | APH | Amphenol Corp-cl A | +0.1% | +0.77% | 加碼 |
| 27 | NTRS | Northern Trust CORP | +0.1% | +34.05% | 加碼 |
| 28 | HOOD | Robinhood Markets Inc - A | +0.1% | +124.17% | 加碼 |
| 29 | ETN | Eaton Corporation plc | +0.1% | +27.84% | 加碼 |
| 30 | TXN | Texas Instruments Inc | +0.1% | +20.00% | 加碼 |
| 31 | XLK | Ss Technology Select Sector | +0.1% | -1.79% | 減碼 |
| 32 | FDX | Fedex CORP | 0% | +24.33% | 加碼 |
| 33 | VOD | Vodafone Group Plc-sp Adr | 0% | -0.35% | 減碼 |
| 34 | BIL | Ss Spdr Bb 1-3m T-bill ETF | 0% | +9.06% | 加碼 |
| 35 | AMZN | Amazon.com Inc | 0% | -8.26% | 減碼 |
| 36 | BERYEUR | Berry Global Group Inc | -0.1% | EXIT | 清倉 |
| 37 | BMY | Bristol-myers Squibb Co | -0.1% | -0.92% | 減碼 |
| 38 | HEFA | Isha Curr Hedged Msci Eafe | -0.1% | EXIT | 清倉 |
| 39 | SRLN | Ss Blackstone Sr Loan ETF | -0.1% | EXIT | 清倉 |
| 40 | IJT | Ishares S&p Small-cap 600 Gr | -0.2% | -50.07% | 減碼 |
| 41 | DOW | Dow Inc | -0.2% | -29.93% | 減碼 |
| 42 | CRM | Salesforce Inc | -0.2% | -37.49% | 減碼 |
| 43 | QQQ | Invesco Qqq Trust Series 1 | -0.2% | -61.69% | 減碼 |
| 44 | LLY | Eli Lilly & Co | -0.2% | -12.76% | 減碼 |
| 45 | JNJ | Johnson & Johnson | -0.2% | +0.38% | 加碼 |
| 46 | BRK-B | Berkshire Hathaway Inc-cl B | -0.3% | -16.66% | 減碼 |
| 47 | UNH | Unitedhealth Group Inc | -0.3% | -41.10% | 減碼 |
| 48 | CVX | Chevron CORP | -0.3% | -2.13% | 減碼 |
| 49 | GBIL | Goldman Sachs Access Treasur | -0.3% | -15.42% | 減碼 |
| 50 | AAPL | Apple Inc | -0.5% | -30.10% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Oppenheimer Asset Management Inc. 在 Q2 2025 季度的美股持倉總市值約為 US$96.3億，共申報了 1156 個公開持股部位。
在 Q2 2025 季度，Oppenheimer Asset Management Inc. 按市值排列的前三大核心持股分別為：MSFT (3.7%)、BIL (2.5%)、AMZN (1.9%)。其中最大持股部位 MSFT 佔據整體投資組合約 3.7% 的權重。
在 Q2 2025 季度中，Oppenheimer Asset Management Inc. 共進行了 50 項持倉異動，包含新建倉 5 個部位、加碼 22 個部位、減碼 20 個部位以及清倉 3 個部位。 其中最大新建倉標的為 MTUM。 本季清倉部位包含 HEFA。
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。
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。
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。