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: 0000943442
申報總市值
US$8.2億
US$8.2億
149 檔
25.4%
根據最新整理的 13F 季度數據集，Orange Investment Advisors, Inc. 於 Q4 2025 結束時的管理資產規模為 US$8.2億。該機構在本季度申報了 149 檔美股持倉，呈現出該時期的主要投資地圖。
Orange Investment Advisors, Inc. 在 Q4 2025 的調整主要集中於風險出清，清倉與減碼部位合計達 45 檔，反映機構對當前市場環境或個別公司估值採取較為保留之看法。
檢視投資組合結構，前 5 大主力部位（包含 LLY, NVDA, SPIB）占據了總市值的 25.4%，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 | LLY | Eli Lilly & Co | 股票-醫療保健 | 5.41% | +0.93% | -5.17% | |
| 2 | NVDA | Nvidia CORP | 股票-科技 | 4.86% | -0.15% | -10.35% | |
| 3 | SPIB | Ss Spdr P Int C CORP ETF | ETF-其他 | 4.80% | -0.25% | -1.83% | |
| 4 | ISRG | Intuitive Surgical Inc | 股票-醫療保健 | 4.14% | -0.79% | -0.45% | |
| 5 | MSFT | Microsoft CORP | 股票-科技 | 3.95% | -0.28% | -11.77% | |
| 6 | SPSB | Ss Spdr P St C CORP ETF | ETF-其他 | 3.79% | -0.24% | -1.73% | |
| 7 | OBT | Orange County Bancorp Inc | 股票-其他 | 3.48% | +0.34% | -5.17% | |
| 8 | AAPL | Apple Inc | 股票-科技 | 3.34% | -0.02% | -9.58% | |
| 9 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 3.28% | +0.13% | -18.71% | |
| 10 | XLK | Ss Technology Select Sector | ETF-科技型 | 3.11% | +0.99% | +96.51% | |
| 11 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.35% | -0.01% | -6.66% | |
| 12 | AVGO | Broadcom Inc | 股票-科技 | 2.03% | — | -6.31% | |
| 13 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.89% | -0.02% | -13.56% | |
| 14 | KLAC | Kla CORP | 股票-科技 | 1.86% | +1.25% | -23.11% | |
| 15 | AXP | American Express Co | 股票-金融 | 1.49% | -0.01% | -17.57% | |
| 16 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 1.42% | +0.10% | -4.04% | |
| 17 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.41% | -0.12% | -8.23% | |
| 18 | CIEN | Ciena CORP | 股票-科技 | 1.29% | +0.01% | -38.14% | |
| 19 | V | Visa Inc-class A Shares | 股票-金融 | 1.27% | +0.02% | -7.54% | |
| 20 | ABBV | Abbvie Inc | 股票-醫療保健 | 1.23% | +0.10% | -3.84% | |
| 21 | XLF | Ss Financial Select Sector | ETF-其他 | 1.22% | +0.03% | -1.59% | |
| 22 | ADBE | Adobe Inc | 股票-科技 | 1.14% | -0.08% | +21.63% | |
| 23 | TMO | Thermo Fisher Scientific Inc | 股票-醫療保健 | 1.13% | -0.06% | -14.18% | |
| 24 | XOM | Exxon Mobil CORP | 股票-能源 | 1.10% | -0.46% | -11.29% | |
| 25 | MDT | Medtronic plc | 股票-醫療保健 | 1.09% | -0.17% | -0.19% | |
| 26 | MS | Morgan Stanley | 股票-金融 | 1.03% | +0.08% | -18.31% | |
| 27 | IBM | Intl Business Machines CORP | 股票-科技 | 1.01% | +0.12% | -13.31% | |
| 28 | XLY | Ss Consumer Disc Select Sect | ETF-其他 | 0.96% | +0.01% | +97.06% | |
| 29 | CRM | Salesforce Inc | 股票-科技 | 0.92% | -0.20% | -11.69% | |
| 30 | FLOT | Ishares Floating Rate Bond E | ETF-其他 | 0.92% | -0.07% | -1.11% | |
| 31 | XLV | Ss Health Care Select Sector | ETF-其他 | 0.92% | +0.01% | -5.04% | |
| 32 | AZO | Autozone Inc | 股票-循環性消費 | 0.90% | -0.12% | -8.15% | |
| 33 | XLC | Ss Comm Select Sector Spdr | ETF-其他 | 0.90% | -0.05% | -2.02% | |
| 34 | DHR | Danaher CORP | 股票-醫療保健 | 0.88% | -0.78% | -6.60% | |
| 35 | CSCO | Cisco Systems Inc | 股票-科技 | 0.84% | +0.24% | -22.34% | |
| 36 | SPSM | Ss Spdr P S&p 600 Small Cap | ETF-中小型股 | 0.78% | +0.11% | +0.44% | |
| 37 | CMG | Chipotle Mexican Grill Inc | 股票-循環性消費 | 0.73% | -0.59% | EXIT | |
| 38 | URI | United Rentals Inc | 股票-工業 | 0.73% | +0.23% | -26.45% | |
| 39 | XLI | Ss Industrial Select Sector | ETF-其他 | 0.71% | +0.07% | -2.97% | |
| 40 | SCHW | Schwab (charles) CORP | 股票-金融 | 0.67% | -0.02% | -9.00% | |
| 41 | GWW | Ww Grainger Inc | 股票-工業 | 0.67% | +0.07% | -11.60% | |
| 42 | MRSH | Marsh & Mclennan Cos | 股票-金融 | 0.67% | -0.08% | -30.54% | |
| 43 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 0.66% | +0.04% | -4.93% | |
| 44 | HD | Home Depot Inc | 股票-循環性消費 | 0.66% | -0.06% | -21.96% | |
| 45 | APH | Amphenol Corp-cl A | 股票-科技 | 0.63% | +0.11% | -18.64% | |
| 46 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.61% | +0.02% | -23.61% | |
| 47 | TTWO | Take-two Interactive Softwre | 股票-通訊服務 | 0.61% | -0.48% | EXIT | |
| 48 | FLR | Fluor CORP | 股票-工業 | 0.59% | -0.02% | -10.94% | |
| 49 | CBRE | Cbre Group Inc - A | 股票-房地產 | 0.59% | -0.05% | -11.43% | |
| 50 | PEP | Pepsico Inc | 股票-非循環性消費 | 0.59% | -0.14% | -10.21% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | LLY | Eli Lilly & Co | +1.6% | -5.17% | 減碼 |
| 2 | ISRG | Intuitive Surgical Inc | +1.1% | -0.45% | 減碼 |
| 3 | OBT | Orange County Bancorp Inc | +0.4% | -5.17% | 減碼 |
| 4 | GOOG | Alphabet Inc-cl C | +0.3% | -18.71% | 減碼 |
| 5 | ADBE | Adobe Inc | +0.3% | +21.63% | 加碼 |
| 6 | SPYM | Ste Str Spdr Pt S&p 500 ETF | +0.2% | +51.31% | 加碼 |
| 7 | SPIB | Ss Spdr P Int C CORP ETF | +0.2% | -1.83% | 減碼 |
| 8 | SPSB | Ss Spdr P St C CORP ETF | +0.2% | -1.73% | 減碼 |
| 9 | DHR | Danaher CORP | +0.1% | -6.60% | 減碼 |
| 10 | AAPL | Apple Inc | +0.1% | -9.58% | 減碼 |
| 11 | AMD | Advanced Micro Devices | +0.1% | -13.64% | 減碼 |
| 12 | V | Visa Inc-class A Shares | 0% | -7.54% | 減碼 |
| 13 | ABBV | Abbvie Inc | 0% | -3.84% | 減碼 |
| 14 | XOM | Exxon Mobil CORP | 0% | -11.29% | 減碼 |
| 15 | PEP | Pepsico Inc | 0% | -10.21% | 減碼 |
| 16 | NOW | Servicenow Inc | 0% | +449.00% | 加碼 |
| 17 | CBRE | Cbre Group Inc - A | 0% | -11.43% | 減碼 |
| 18 | MELI | Mercadolibre Inc | 0% | +5.32% | 加碼 |
| 19 | MS | Morgan Stanley | 0% | -18.31% | 減碼 |
| 20 | UNH | Unitedhealth Group Inc | 0% | -4.93% | 減碼 |
| 21 | DUK | Duke Energy CORP | 0% | -5.29% | 減碼 |
| 22 | AXP | American Express Co | 0% | -17.57% | 減碼 |
| 23 | IBM | Intl Business Machines CORP | 0% | -13.31% | 減碼 |
| 24 | APH | Amphenol Corp-cl A | 0% | -18.64% | 減碼 |
| 25 | SHW | Sherwin-williams Co/the | 0% | -6.06% | 減碼 |
| 26 | PWR | Quanta Services Inc | 0% | -14.25% | 減碼 |
| 27 | LECO | Lincoln Electric Holdings | 0% | -14.66% | 減碼 |
| 28 | MDLZ | Mondelez International Inc-a | 0% | -2.96% | 減碼 |
| 29 | TRMB | Trimble Inc | 0% | -13.12% | 減碼 |
| 30 | CVX | Chevron CORP | 0% | -14.15% | 減碼 |
| 31 | CSX | Csx CORP | -0.1% | -16.98% | 減碼 |
| 32 | GNRC | Generac Holdings Inc | -0.1% | -7.98% | 減碼 |
| 33 | CSCO | Cisco Systems Inc | -0.1% | -22.34% | 減碼 |
| 34 | GS | Goldman Sachs Group Inc | -0.1% | -23.61% | 減碼 |
| 35 | BAC | Bank Of America CORP | -0.1% | -24.01% | 減碼 |
| 36 | BKR | Baker Hughes Co | -0.1% | -13.28% | 減碼 |
| 37 | NFLX | Netflix Inc | -0.1% | +920.61% | 加碼 |
| 38 | FLR | Fluor CORP | -0.1% | -10.94% | 減碼 |
| 39 | JPM | Jpmorgan Chase & Co | -0.1% | -13.56% | 減碼 |
| 40 | KLAC | Kla CORP | -0.2% | -23.11% | 減碼 |
| 41 | ORCL | Oracle CORP | -0.2% | -22.27% | 減碼 |
| 42 | META | Meta Platforms Inc-class A | -0.2% | -8.23% | 減碼 |
| 43 | NVDA | Nvidia CORP | -0.2% | -10.35% | 減碼 |
| 44 | AZO | Autozone Inc | -0.3% | -8.15% | 減碼 |
| 45 | HD | Home Depot Inc | -0.3% | -21.96% | 減碼 |
| 46 | MRSH | Marsh & Mclennan Cos | -0.3% | -30.54% | 減碼 |
| 47 | URI | United Rentals Inc | -0.4% | -26.45% | 減碼 |
| 48 | MSFT | Microsoft CORP | -0.6% | -11.77% | 減碼 |
| 49 | GTLS | Chart Industries Inc | -1% | -96.97% | 減碼 |
| 50 | SUN | Sunoco LP | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Orange Investment Advisors, Inc. 在 Q4 2025 季度的美股持倉總市值約為 US$8.2億，共申報了 149 個公開持股部位。
在 Q4 2025 季度，Orange Investment Advisors, Inc. 按市值排列的前三大核心持股分別為：LLY (5.4%)、NVDA (4.9%)、SPIB (4.8%)。其中最大持股部位 LLY 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。
本季最大獲利了結 / 清倉標的
SUN
前期市值: US$60.0萬
在 Q4 2025 季度中，Orange Investment Advisors, Inc. 共進行了 50 項持倉異動，包含新建倉 0 個部位、加碼 5 個部位、減碼 44 個部位以及清倉 1 個部位。 本季清倉部位包含 SUN。
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。