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: 0001108893
申報總市值
US$11.2億
US$11.2億
76 檔
27.9%
截至 Q2 2025 季度末，Penn Davis Mcfarland Inc 的美股持倉估值約為 US$11.2億，全數申報部位共有 76 檔。
在 Q2 2025，Penn Davis Mcfarland Inc 展現出較為審慎的避險與獲利了結姿態。本季共減碼 26 個部位並完全清倉 2 檔持股，調降曝險的部位數量高於加碼動作。
整體而言，Penn Davis Mcfarland Inc 的前 5 大持股（包含 GOOG, NVDA, KMI）貢獻了組合市值的 27.9%，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 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 9.67% | +1.38% | -1.01% | |
| 2 | NVDA | Nvidia CORP | 股票-科技 | 9.66% | -0.19% | -6.17% | |
| 3 | KMI | Kinder Morgan, Inc. | 股票-能源 | 5.78% | -0.83% | -1.71% | |
| 4 | PYPL | Paypal Holdings Inc | 股票-金融 | 5.39% | -0.38% | +2.89% | |
| 5 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 4.73% | +1.43% | +90.29% | |
| 6 | AAPL | Apple Inc | 股票-科技 | 4.23% | +0.07% | -0.77% | |
| 7 | EPD | Enterprise Products Partners | 股票-能源 | 4.15% | -0.50% | -0.91% | |
| 8 | SHEL | Shell Plc-adr | 股票-能源 | 4.01% | -1.14% | -0.60% | |
| 9 | BUD | Anheuser-busch Inbev-spn Adr | 股票-非循環性消費 | 3.60% | +0.26% | -1.07% | |
| 10 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 3.43% | +0.20% | -0.36% | |
| 11 | QCOM | Qualcomm Inc | 股票-科技 | 3.43% | +0.70% | -0.28% | |
| 12 | RTX | Rtx CORP | 股票-工業 | 3.23% | -0.37% | -1.37% | |
| 13 | SFM | Sprouts Farmers Market Inc | 股票-非循環性消費 | 3.19% | — | -1.82% | |
| 14 | CHKP | Check Point Software Technologies Ltd. | 股票-科技 | 3.08% | -0.28% | -0.97% | |
| 15 | BSM | Black Stone Minerals LP | 股票-其他 | 2.73% | -0.46% | -0.53% | |
| 16 | LMT | Lockheed Martin CORP | 股票-工業 | 2.53% | -0.76% | -0.91% | |
| 17 | ROIV | Roivant Sciences Ltd. | 股票-醫療保健 | 2.15% | +0.66% | -0.91% | |
| 18 | LVS | Las Vegas Sands CORP | 股票-循環性消費 | 2.00% | -0.52% | -1.14% | |
| 19 | BMY | Bristol-myers Squibb Co | 股票-醫療保健 | 1.86% | -0.76% | -0.33% | |
| 20 | SIRI | Sirius Xm Holdings Inc | 股票-通訊服務 | 1.69% | -0.25% | EXIT | |
| 21 | MTCH | Match Group Inc | 股票-通訊服務 | 1.68% | +0.22% | -1.16% | |
| 22 | MSFT | Microsoft CORP | 股票-科技 | 1.61% | -0.08% | -0.14% | |
| 23 | WM | Waste Management Inc | 股票-工業 | 1.47% | -0.15% | -0.28% | |
| 24 | XYL | Xylem Inc | 股票-工業 | 1.41% | -0.11% | -0.31% | |
| 25 | TXN | Texas Instruments Inc | 股票-科技 | 0.97% | +0.32% | -0.06% | |
| 26 | ACN | Accenture plc | 股票-科技 | 0.87% | +3.06% | -0.35% | |
| 27 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.71% | -0.06% | +0.49% | |
| 28 | MCD | Mcdonald's CORP | 股票-循環性消費 | 0.69% | -0.13% | -0.15% | |
| 29 | KO | Coca-cola Co/the | 股票-非循環性消費 | 0.67% | -0.01% | -0.40% | |
| 30 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.64% | +0.04% | -0.16% | |
| 31 | AMGN | Amgen Inc | 股票-醫療保健 | 0.59% | -0.05% | -0.66% | |
| 32 | NKE | Nike Inc -cl B | 股票-循環性消費 | 0.50% | -0.09% | +0.51% | |
| 33 | ABT | Abbott Laboratories | 股票-醫療保健 | 0.48% | -0.06% | -0.16% | |
| 34 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.48% | -0.03% | +0.02% | |
| 35 | VZ | Verizon Communications Inc | 股票-通訊服務 | 0.46% | -0.15% | +4.92% | |
| 36 | UPS | United Parcel Service-cl B | 股票-工業 | 0.44% | -0.01% | +19.29% | |
| 37 | PEP | Pepsico Inc | 股票-非循環性消費 | 0.43% | -0.09% | +0.14% | |
| 38 | MTD | Mettler-toledo International | 股票-醫療保健 | 0.43% | -0.03% | -0.19% | |
| 39 | AXP | American Express Co | 股票-金融 | 0.38% | +0.01% | — | |
| 40 | PFE | Pfizer Inc | 股票-醫療保健 | 0.33% | -0.11% | +20.28% | |
| 41 | CL | Colgate-palmolive Co | 股票-非循環性消費 | 0.31% | — | — | |
| 42 | HON | Honeywell International Inc | 股票-工業 | 0.31% | -0.26% | EXIT | |
| 43 | AMZN | Amazon.com Inc | 股票-循環性消費 | 0.30% | -0.05% | — | |
| 44 | SBUX | Starbucks CORP | 股票-循環性消費 | 0.30% | -0.26% | EXIT | |
| 45 | BDX | Becton Dickinson And Co | 股票-醫療保健 | 0.29% | — | +81.35% | |
| 46 | GLD | Spdr Gold Shares | ETF-避險與商品 | 0.28% | -0.07% | — | |
| 47 | USPH | U.s. Physical Therapy Inc | 股票-其他 | 0.27% | -0.04% | — | |
| 48 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.24% | +0.05% | — | |
| 49 | KMB | Kimberly-clark CORP | 股票-非循環性消費 | 0.20% | +0.01% | +0.06% | |
| 50 | CSCO | Cisco Systems Inc | 股票-科技 | 0.16% | +0.06% | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | +2.3% | -6.17% | 減碼 |
| 2 | GOOG | Alphabet Inc-cl C | +0.6% | -1.01% | 減碼 |
| 3 | PYPL | Paypal Holdings Inc | +0.6% | +2.89% | 加碼 |
| 4 | UNH | Unitedhealth Group Inc | +0.4% | +90.29% | 加碼 |
| 5 | MSFT | Microsoft CORP | +0.3% | -0.14% | 減碼 |
| 6 | GOOGL | Alphabet Inc-cl A | +0.3% | -0.36% | 減碼 |
| 7 | BUD | Anheuser-busch Inbev-spn Adr | +0.2% | -1.07% | 減碼 |
| 8 | RTX | Rtx CORP | +0.1% | -1.37% | 減碼 |
| 9 | ROIV | Roivant Sciences Ltd. | +0.1% | -0.91% | 減碼 |
| 10 | LVS | Las Vegas Sands CORP | +0.1% | -1.14% | 減碼 |
| 11 | TXN | Texas Instruments Inc | +0.1% | -0.06% | 減碼 |
| 12 | BDX | Becton Dickinson And Co | +0.1% | +81.35% | 加碼 |
| 13 | XYL | Xylem Inc | 0% | -0.31% | 減碼 |
| 14 | AXP | American Express Co | 0% | — | 不變 |
| 15 | NKE | Nike Inc -cl B | 0% | +0.51% | 加碼 |
| 16 | PFE | Pfizer Inc | 0% | +20.28% | 加碼 |
| 17 | ORCL | Oracle CORP | 0% | NEW | 新建倉 |
| 18 | AVGO | Broadcom Inc | 0% | NEW | 新建倉 |
| 19 | CAT | Caterpillar Inc | 0% | +25.00% | 加碼 |
| 20 | SFM | Sprouts Farmers Market Inc | 0% | -1.82% | 減碼 |
| 21 | AMZN | Amazon.com Inc | 0% | — | 不變 |
| 22 | UPS | United Parcel Service-cl B | 0% | +19.29% | 加碼 |
| 23 | HON | Honeywell International Inc | 0% | — | 不變 |
| 24 | DIS | Walt Disney Co/the | 0% | NEW | 新建倉 |
| 25 | META | Meta Platforms Inc-class A | 0% | — | 不變 |
| 26 | CSCO | Cisco Systems Inc | 0% | — | 不變 |
| 27 | USPH | U.s. Physical Therapy Inc | — | — | 不變 |
| 28 | GLD | Spdr Gold Shares | — | — | 不變 |
| 29 | KMB | Kimberly-clark CORP | 0% | +0.06% | 加碼 |
| 30 | LLY | Eli Lilly & Co | 0% | — | 不變 |
| 31 | QCOM | Qualcomm Inc | -0.1% | -0.28% | 減碼 |
| 32 | LMT | Lockheed Martin CORP | -0.1% | -0.91% | 減碼 |
| 33 | PG | Procter & Gamble Co/the | -0.1% | +0.02% | 加碼 |
| 34 | PEP | Pepsico Inc | -0.1% | +0.14% | 加碼 |
| 35 | MCD | Mcdonald's CORP | -0.1% | -0.15% | 減碼 |
| 36 | ACN | Accenture plc | -0.1% | -0.35% | 減碼 |
| 37 | WM | Waste Management Inc | -0.1% | -0.28% | 減碼 |
| 38 | JNJ | Johnson & Johnson | -0.1% | +0.49% | 加碼 |
| 39 | AMGN | Amgen Inc | -0.1% | -0.66% | 減碼 |
| 40 | ABBV | Abbvie Inc | -0.1% | -0.16% | 減碼 |
| 41 | SABHLD 4 04-15-25債券 | Sabre Glbl Inc | -0.1% | EXIT | 清倉 |
| 42 | MTCH | Match Group Inc | -0.1% | -1.16% | 減碼 |
| 43 | KMI | Kinder Morgan, Inc. | -0.2% | -1.71% | 減碼 |
| 44 | CHKP | Check Point Software Technologies Ltd. | -0.3% | -0.97% | 減碼 |
| 45 | SHEL | Shell Plc-adr | -0.4% | -0.60% | 減碼 |
| 46 | ✓ | Despegar.com CORP | -0.4% | EXIT | 清倉 |
| 47 | AAPL | Apple Inc | -0.6% | -0.77% | 減碼 |
| 48 | BSM | Black Stone Minerals LP | -0.6% | -0.53% | 減碼 |
| 49 | EPD | Enterprise Products Partners | -0.7% | -0.91% | 減碼 |
| 50 | BMY | Bristol-myers Squibb Co | -0.7% | -0.33% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Penn Davis Mcfarland Inc 在 Q2 2025 季度的美股持倉總市值約為 US$11.2億，共申報了 76 個公開持股部位。
在 Q2 2025 季度，Penn Davis Mcfarland Inc 按市值排列的前三大核心持股分別為：GOOG (9.7%)、NVDA (9.7%)、KMI (5.8%)。其中最大持股部位 GOOG 佔據整體投資組合約 9.7% 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
ORCL
市值: US$28.2萬
本季最大獲利了結 / 清倉標的
DESPEGAR.COM CORP
前期市值: US$373.0萬
在 Q2 2025 季度中，Penn Davis Mcfarland Inc 共進行了 42 項持倉異動，包含新建倉 3 個部位、加碼 11 個部位、減碼 26 個部位以及清倉 2 個部位。 其中最大新建倉標的為 ORCL。 本季清倉部位包含 DESPEGAR.COM CORP。
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。