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: 0001767945
申報總市值
US$20.8億
US$20.8億
572 檔
23.1%
根據最新整理的 13F 季度數據集，Ostrum Asset Management 於 Q4 2025 結束時的管理資產規模為 US$20.8億。該機構在本季度申報了 572 檔美股持倉，呈現出該時期的主要投資地圖。
Ostrum Asset Management 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 168 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 NVDA, MSFT, GOOGL）占據了總市值的 23.1%，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 572 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 | 5.15% | -0.08% | -1.28% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 4.65% | -0.14% | -6.21% | |
| 3 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 4.61% | +0.23% | -3.24% | |
| 4 | AMZN | Amazon.com Inc | 股票-循環性消費 | 4.37% | -0.02% | -1.98% | |
| 5 | AVGO | Broadcom Inc | 股票-科技 | 4.25% | +0.05% | -8.09% | |
| 6 | LLY | Eli Lilly & Co | 股票-醫療保健 | 3.51% | +0.35% | -2.35% | |
| 7 | AAPL | Apple Inc | 股票-科技 | 3.38% | +0.05% | +101.80% | |
| 8 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 2.54% | -0.20% | +4.99% | |
| 9 | JPM | Jpmorgan Chase & Co | 股票-金融 | 2.37% | -0.09% | -9.62% | |
| 10 | AMAT | Applied Materials Inc | 股票-科技 | 2.34% | +2.31% | +890.08% | |
| 11 | MPWR | Monolithic Power Systems Inc | 股票-科技 | 2.04% | +0.59% | +13.50% | |
| 12 | URI | United Rentals Inc | 股票-工業 | 1.96% | +0.42% | +2.01% | |
| 13 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 1.77% | -0.19% | +22.71% | |
| 14 | ORLY | O'reilly Automotive Inc | 股票-循環性消費 | 1.62% | -0.04% | -0.33% | |
| 15 | GE | General Electric | 股票-工業 | 1.53% | +0.10% | -1.53% | |
| 16 | DIS | Walt Disney Co/the | 股票-通訊服務 | 1.46% | +0.01% | +29.17% | |
| 17 | ICE | Intercontinental Exchange In | 股票-金融 | 1.44% | -1.17% | -9.05% | |
| 18 | ETN | Eaton Corporation plc | 股票-工業 | 1.43% | +0.09% | +8.46% | |
| 19 | COF | Capital One Financial CORP | 股票-金融 | 1.42% | -0.04% | -32.07% | |
| 20 | VMC | Vulcan Materials Co | 股票-原物料 | 1.39% | -0.08% | +2.82% | |
| 21 | INDA | Ishares Msci India ETF | ETF-其他 | 1.35% | -1.34% | EXIT | |
| 22 | SNPS | Synopsys Inc | 股票-科技 | 1.07% | -0.10% | +1095.53% | |
| 23 | NUE | Nucor CORP | 股票-原物料 | 1.03% | +0.21% | +1468.68% | |
| 24 | NOW | Servicenow Inc | 股票-科技 | 1.02% | -0.01% | +425.02% | |
| 25 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.98% | +0.01% | -16.69% | |
| 26 | XYL | Xylem Inc | 股票-工業 | 0.95% | — | -24.89% | |
| 27 | BLD | Topbuild CORP | 股票-工業 | 0.93% | — | -9.23% | |
| 28 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.71% | -0.08% | -1.81% | |
| 29 | V | Visa Inc-class A Shares | 股票-金融 | 0.69% | -0.05% | -14.62% | |
| 30 | KO | Coca-cola Co/the | 股票-非循環性消費 | 0.46% | -0.02% | -2.34% | |
| 31 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.43% | -0.09% | +11.80% | |
| 32 | KO | The Coca-Cola Company | 股票-非循環性消費 | 0.43% | — | +23.65% | |
| 33 | TSLA | Tesla Inc | 股票-循環性消費 | 0.42% | +0.17% | -2.08% | |
| 34 | MCK | Mckesson CORP | 股票-醫療保健 | 0.41% | -0.05% | -21.55% | |
| 35 | PANW | Palo Alto Networks Inc | 股票-科技 | 0.39% | +0.11% | -1.28% | |
| 36 | MA | Mastercard Inc - A | 股票-金融 | 0.37% | +0.06% | -18.19% | |
| 37 | COR | Cencora Inc | 股票-醫療保健 | 0.35% | -0.03% | -24.56% | |
| 38 | WMT | Walmart Inc | 股票-非循環性消費 | 0.34% | -0.07% | -4.63% | |
| 39 | NEM | Newmont CORP | 股票-原物料 | 0.34% | -0.09% | -50.97% | |
| 40 | CME | Cme Group Inc | 股票-金融 | 0.33% | -0.15% | -19.72% | |
| 41 | CBOE | Cboe Global Markets Inc | 股票-金融 | 0.31% | -0.16% | -18.01% | |
| 42 | ADBE | Adobe Inc | 股票-科技 | 0.31% | -0.01% | -7.84% | |
| 43 | WM | Waste Management Inc | 股票-工業 | 0.30% | -0.05% | -6.56% | |
| 44 | IBM | Intl Business Machines CORP | 股票-科技 | 0.30% | -0.01% | -17.49% | |
| 45 | MCD | Mcdonald's CORP | 股票-循環性消費 | 0.29% | -0.11% | -32.06% | |
| 46 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.29% | -0.01% | -24.05% | |
| 47 | QCOM | Qualcomm Inc | 股票-科技 | 0.28% | +0.09% | -3.07% | |
| 48 | LIN | Linde plc | 股票-原物料 | 0.28% | +0.04% | -13.14% | |
| 49 | CSCO | Cisco Systems Inc | 股票-科技 | 0.28% | +0.10% | -26.35% | |
| 50 | DGX | Quest Diagnostics Inc | 股票-醫療保健 | 0.27% | -0.01% | +5.01% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | AMAT | Applied Materials Inc | +2.2% | +890.08% | 加碼 |
| 2 | AAPL | Apple Inc | +1.9% | +101.80% | 加碼 |
| 3 | GOOGL | Alphabet Inc-cl A | +1.1% | -3.24% | 減碼 |
| 4 | LLY | Eli Lilly & Co | +1.1% | -2.35% | 減碼 |
| 5 | SNPS | Synopsys Inc | +1% | +1095.53% | 加碼 |
| 6 | NUE | Nucor CORP | +1% | +1468.68% | 加碼 |
| 7 | BRK-B | Berkshire Hathaway Inc-cl B | +0.4% | +22.71% | 加碼 |
| 8 | DIS | Walt Disney Co/the | +0.4% | +29.17% | 加碼 |
| 9 | AMZN | Amazon.com Inc | +0.4% | -1.98% | 減碼 |
| 10 | MPWR | Monolithic Power Systems Inc | +0.3% | +13.50% | 加碼 |
| 11 | NVDA | Nvidia CORP | +0.3% | -1.28% | 減碼 |
| 12 | GOOG | Alphabet Inc-cl C | +0.1% | -16.69% | 減碼 |
| 13 | AVGO | Broadcom Inc | +0.1% | -8.09% | 減碼 |
| 14 | KO | The Coca-Cola Company | +0.1% | +23.65% | 加碼 |
| 15 | JNJ | Johnson & Johnson | +0.1% | -1.81% | 減碼 |
| 16 | TTWO | Take-two Interactive Softwre | +0.1% | +62.82% | 加碼 |
| 17 | AMD | Advanced Micro Devices | +0.1% | -5.12% | 減碼 |
| 18 | IQV | Iqvia Holdings Inc | +0.1% | +461.63% | 加碼 |
| 19 | AER | AerCap Holdings N.V. | 0% | +58.92% | 加碼 |
| 20 | MU | Micron Technology Inc | 0% | -36.08% | 減碼 |
| 21 | DASH | Doordash Inc - A | 0% | +102.91% | 加碼 |
| 22 | BLD | Topbuild CORP | 0% | -9.23% | 減碼 |
| 23 | KR | Kroger Co | 0% | +27.21% | 加碼 |
| 24 | EW | Edwards Lifesciences CORP | 0% | +0.86% | 加碼 |
| 25 | HUBB | Hubbell Inc | 0% | +7.82% | 加碼 |
| 26 | META | Meta Platforms Inc-class A | 0% | +4.99% | 加碼 |
| 27 | VMC | Vulcan Materials Co | 0% | +2.82% | 加碼 |
| 28 | FLS | Flowserve CORP | 0% | +13.04% | 加碼 |
| 29 | ADBE | Adobe Inc | — | -7.84% | 減碼 |
| 30 | WM | Waste Management Inc | — | -6.56% | 減碼 |
| 31 | ABBV | Abbvie Inc | — | -5.82% | 減碼 |
| 32 | INTU | Intuit Inc | 0% | -10.43% | 減碼 |
| 33 | PEP | Pepsico Inc | 0% | -14.97% | 減碼 |
| 34 | MDT | Medtronic plc | 0% | -15.17% | 減碼 |
| 35 | AFL | Aflac Inc | 0% | -18.61% | 減碼 |
| 36 | BAC | Bank Of America CORP | 0% | -17.75% | 減碼 |
| 37 | GILD | Gilead Sciences Inc | 0% | -21.08% | 減碼 |
| 38 | ROP | Roper Technologies Inc | 0% | -13.55% | 減碼 |
| 39 | DDOG | Datadog Inc - Class A | 0% | -24.89% | 減碼 |
| 40 | ACGL | Arch Capital Group Ltd. | 0% | -24.88% | 減碼 |
| 41 | DHI | Dr Horton Inc | 0% | -10.77% | 減碼 |
| 42 | VEEV | Veeva Systems Inc-class A | 0% | -16.29% | 減碼 |
| 43 | FIS | Fidelity National Info Serv | 0% | -20.20% | 減碼 |
| 44 | IR | Ingersoll-rand Inc | 0% | -13.82% | 減碼 |
| 45 | LOW | Lowe's Cos Inc | 0% | -12.22% | 減碼 |
| 46 | VICI | Vici Properties Inc | 0% | -0.50% | 減碼 |
| 47 | KDP | Keurig Dr Pepper Inc | 0% | -19.22% | 減碼 |
| 48 | EXR | Extra Space Storage Inc | 0% | -24.89% | 減碼 |
| 49 | SCHW | Schwab (charles) CORP | 0% | -16.11% | 減碼 |
| 50 | CRWD | Crowdstrike Holdings Inc - A | 0% | -24.86% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Ostrum Asset Management 在 Q4 2025 季度的美股持倉總市值約為 US$20.8億，共申報了 572 個公開持股部位。
在 Q4 2025 季度，Ostrum Asset Management 按市值排列的前三大核心持股分別為：NVDA (5.2%)、MSFT (4.7%)、GOOGL (4.6%)。其中最大持股部位 NVDA 佔據整體投資組合約 5.2% 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
INDA
市值: US$2814.5萬
本季最大獲利了結 / 清倉標的
KEL
前期市值: US$409.6萬
在 Q4 2025 季度中，Ostrum Asset Management 共進行了 199 項持倉異動，包含新建倉 8 個部位、加碼 23 個部位、減碼 155 個部位以及清倉 13 個部位。 其中最大新建倉標的為 INDA。 本季清倉部位包含 KEL。
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。