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: 0001088859
申報總市值
US$9.6億
US$9.6億
126 檔
32.1%
Q2 2025 季度申報顯示，Parthenon LLC 揭露的美股組合總市值為 US$9.6億，涵蓋 126 個不同之權益投資部位。
在 Q2 2025，Parthenon LLC 展現出較為審慎的避險與獲利了結姿態。本季共減碼 23 個部位並完全清倉 1 檔持股，調降曝險的部位數量高於加碼動作。
整體而言，Parthenon LLC 的前 5 大持股（包含 MSFT, BRK-B, META）貢獻了組合市值的 32.1%，形成該機構在 Q2 2025 季度的基本面基石。
| # | 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 | 13.80% | -0.83% | -1.73% | |
| 2 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 7.91% | -0.47% | -0.26% | |
| 3 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 6.05% | -0.46% | -0.58% | |
| 4 | PAYX | Paychex Inc | 股票-科技 | 4.16% | -0.05% | -1.97% | |
| 5 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 3.36% | +0.47% | +0.10% | |
| 6 | AAPL | Apple Inc | 股票-科技 | 3.10% | +0.13% | +0.48% | |
| 7 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 2.80% | +0.32% | -0.46% | |
| 8 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 2.62% | -0.26% | -1.23% | |
| 9 | FAST | Fastenal Co | 股票-工業 | 2.60% | -0.25% | +99.62% | |
| 10 | WMT | Walmart Inc | 股票-非循環性消費 | 2.58% | -0.57% | -0.29% | |
| 11 | AXP | American Express Co | 股票-金融 | 2.54% | +0.05% | +0.09% | |
| 12 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 2.35% | -0.06% | -0.56% | |
| 13 | XOM | Exxon Mobil CORP | 股票-能源 | 2.29% | -0.95% | -1.88% | |
| 14 | DOV | Dover CORP | 股票-工業 | 2.25% | -0.07% | +0.39% | |
| 15 | JNJ | Johnson & Johnson | 股票-醫療保健 | 2.18% | -0.21% | -0.37% | |
| 16 | SYK | Stryker CORP | 股票-醫療保健 | 1.74% | -0.17% | -0.03% | |
| 17 | CSCO | Cisco Systems Inc | 股票-科技 | 1.59% | +0.63% | -1.73% | |
| 18 | PEP | Pepsico Inc | 股票-非循環性消費 | 1.53% | -0.35% | +1.18% | |
| 19 | SCHW | Schwab (charles) CORP | 股票-金融 | 1.47% | -0.14% | -0.35% | |
| 20 | GLW | Corning Inc | 股票-科技 | 1.47% | +2.50% | -0.61% | |
| 21 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.42% | +0.01% | +0.20% | |
| 22 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 1.42% | -0.10% | +0.19% | |
| 23 | MDLZ | Mondelez International Inc-a | 股票-非循環性消費 | 1.28% | -0.10% | -1.03% | |
| 24 | WAT | Waters CORP | 股票-醫療保健 | 1.27% | +0.14% | -2.62% | |
| 25 | LSTR | Landstar System Inc | 股票-工業 | 1.07% | +0.21% | -0.41% | |
| 26 | DIS | Walt Disney Co/the | 股票-通訊服務 | 1.06% | -0.09% | +0.98% | |
| 27 | CVS | Cvs Health CORP | 股票-醫療保健 | 1.05% | +0.28% | -6.07% | |
| 28 | ICLR | ICON Public Limited Company | 股票-醫療保健 | 1.03% | +0.42% | — | |
| 29 | HD | Home Depot Inc | 股票-循環性消費 | 0.98% | -0.02% | -1.29% | |
| 30 | VOO | Vanguard S&p 500 ETF | ETF-大型股與成長 | 0.93% | +0.07% | +1.93% | |
| 31 | MDT | Medtronic plc | 股票-醫療保健 | 0.87% | -0.12% | -3.00% | |
| 32 | BATRK | Atlanta Braves Holdings In-c | 股票-其他 | 0.85% | +0.05% | +83.13% | |
| 33 | CHDN | Churchill Downs Inc | 股票-循環性消費 | 0.84% | -0.07% | — | |
| 34 | YETI | Yeti Holdings Inc | 股票-循環性消費 | 0.81% | +0.19% | +0.95% | |
| 35 | PNC | Pnc Financial Services Group | 股票-金融 | 0.71% | +0.06% | — | |
| 36 | GE | General Electric | 股票-工業 | 0.67% | +0.14% | — | |
| 37 | VWO | Vanguard Ftse Emerging Marke | ETF-新興市場 | 0.65% | -0.01% | +1.07% | |
| 38 | IJR | Ishares Core S&p Small-cap E | ETF-中小型股 | 0.65% | +0.06% | +1.34% | |
| 39 | PM | Philip Morris International | 股票-非循環性消費 | 0.61% | -0.01% | — | |
| 40 | BRK-A | Berkshire Hathaway Inc-cl A | 股票-其他 | 0.58% | -0.02% | — | |
| 41 | VEA | Vanguard Ftse Developed ETF | ETF-其他 | 0.54% | +0.03% | +0.86% | |
| 42 | KO | Coca-cola Co/the | 股票-非循環性消費 | 0.50% | -0.05% | -4.36% | |
| 43 | MCD | Mcdonald's CORP | 股票-循環性消費 | 0.48% | -0.09% | — | |
| 44 | SJM | Jm Smucker Co/the | 股票-非循環性消費 | 0.48% | +0.01% | -0.62% | |
| 45 | HSY | Hershey Co/the | 股票-非循環性消費 | 0.47% | -0.14% | -0.61% | |
| 46 | ABT | Abbott Laboratories | 股票-醫療保健 | 0.46% | -0.05% | — | |
| 47 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.45% | +0.06% | +0.99% | |
| 48 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.45% | -0.01% | -2.31% | |
| 49 | NVDA | Nvidia CORP | 股票-科技 | 0.44% | — | +0.83% | |
| 50 | TPB | Turning Point Brands Inc | 股票-其他 | 0.42% | +0.03% | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | MSFT | Microsoft CORP | +2.4% | -1.73% | 減碼 |
| 2 | ICLR | ICON Public Limited Company | +1% | NEW | 新建倉 |
| 3 | META | Meta Platforms Inc-class A | +0.9% | -0.58% | 減碼 |
| 4 | BATRK | Atlanta Braves Holdings In-c | +0.4% | +83.13% | 加碼 |
| 5 | BKNG | Booking Holdings Inc | +0.3% | -0.56% | 減碼 |
| 6 | AXP | American Express Co | +0.2% | +0.09% | 加碼 |
| 7 | GOOGL | Alphabet Inc-cl A | +0.2% | +0.10% | 加碼 |
| 8 | DIS | Walt Disney Co/the | +0.2% | +0.98% | 加碼 |
| 9 | GOOG | Alphabet Inc-cl C | +0.1% | -0.46% | 減碼 |
| 10 | JPM | Jpmorgan Chase & Co | +0.1% | +0.20% | 加碼 |
| 11 | NVDA | Nvidia CORP | +0.1% | +0.83% | 加碼 |
| 12 | SCHW | Schwab (charles) CORP | +0.1% | -0.35% | 減碼 |
| 13 | GE | General Electric | +0.1% | — | 不變 |
| 14 | GLW | Corning Inc | +0.1% | -0.61% | 減碼 |
| 15 | WMT | Walmart Inc | +0.1% | -0.29% | 減碼 |
| 16 | GEV | GE Vernova Inc | +0.1% | -0.54% | 減碼 |
| 17 | TPB | Turning Point Brands Inc | +0.1% | — | 不變 |
| 18 | ORCL | Oracle CORP | +0.1% | +1.50% | 加碼 |
| 19 | CSCO | Cisco Systems Inc | 0% | -1.73% | 減碼 |
| 20 | VOO | Vanguard S&p 500 ETF | 0% | +1.93% | 加碼 |
| 21 | PM | Philip Morris International | 0% | — | 不變 |
| 22 | VEA | Vanguard Ftse Developed ETF | 0% | +0.86% | 加碼 |
| 23 | VWO | Vanguard Ftse Emerging Marke | 0% | +1.07% | 加碼 |
| 24 | INTU | Intuit Inc | 0% | — | 不變 |
| 25 | FAST | Fastenal Co | 0% | +99.62% | 加碼 |
| 26 | VPL | Vanguard Ftse Pacific ETF | 0% | -0.60% | 減碼 |
| 27 | PNC | Pnc Financial Services Group | 0% | — | 不變 |
| 28 | IJR | Ishares Core S&p Small-cap E | 0% | +1.34% | 加碼 |
| 29 | SYK | Stryker CORP | 0% | -0.03% | 減碼 |
| 30 | DOV | Dover CORP | -0.1% | +0.39% | 加碼 |
| 31 | 6D8 | Dupont De Nemours Inc | -0.1% | EXIT | 清倉 |
| 32 | MCD | Mcdonald's CORP | -0.1% | — | 不變 |
| 33 | BF-B | Brown-forman Corp-class B | -0.1% | — | 不變 |
| 34 | ABBV | Abbvie Inc | -0.1% | -2.31% | 減碼 |
| 35 | BRK-A | Berkshire Hathaway Inc-cl A | -0.1% | — | 不變 |
| 36 | KVUE | Kenvue Inc | -0.1% | -21.64% | 減碼 |
| 37 | MDT | Medtronic plc | -0.1% | -3.00% | 減碼 |
| 38 | CVS | Cvs Health CORP | -0.1% | -6.07% | 減碼 |
| 39 | SJM | Jm Smucker Co/the | -0.1% | -0.62% | 減碼 |
| 40 | CHDN | Churchill Downs Inc | -0.2% | — | 不變 |
| 41 | LSTR | Landstar System Inc | -0.2% | -0.41% | 減碼 |
| 42 | WAT | Waters CORP | -0.2% | -2.62% | 減碼 |
| 43 | MRK | Merck & Co. Inc. | -0.3% | +0.19% | 加碼 |
| 44 | PEP | Pepsico Inc | -0.3% | +1.18% | 加碼 |
| 45 | JNJ | Johnson & Johnson | -0.4% | -0.37% | 減碼 |
| 46 | PG | Procter & Gamble Co/the | -0.4% | -1.23% | 減碼 |
| 47 | XOM | Exxon Mobil CORP | -0.5% | -1.88% | 減碼 |
| 48 | AAPL | Apple Inc | -0.5% | +0.48% | 加碼 |
| 49 | PAYX | Paychex Inc | -0.7% | -1.97% | 減碼 |
| 50 | BRK-B | Berkshire Hathaway Inc-cl B | -1.4% | -0.26% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Parthenon LLC 在 Q2 2025 季度的美股持倉總市值約為 US$9.6億，共申報了 126 個公開持股部位。
在 Q2 2025 季度，Parthenon LLC 按市值排列的前三大核心持股分別為：MSFT (13.8%)、BRK-B (7.9%)、META (6.0%)。其中最大持股部位 MSFT 佔據整體投資組合約 13.8% 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
ICLR
市值: US$901.4萬
本季最大獲利了結 / 清倉標的
6D8
前期市值: US$50.8萬
在 Q2 2025 季度中，Parthenon LLC 共進行了 41 項持倉異動，包含新建倉 1 個部位、加碼 16 個部位、減碼 23 個部位以及清倉 1 個部位。 其中最大新建倉標的為 ICLR。 本季清倉部位包含 6D8。
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。