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: 0001740063
申報總市值
US$2.5億
US$2.5億
418 檔
22.1%
截至 Q4 2025 季度末，Pflug Koory, LLC 的美股持倉估值約為 US$2.5億，全數申報部位共有 418 檔。
Pflug Koory, LLC 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 32 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 BRK-A, AAPL, BRK-B）占據了總市值的 22.1%，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 418 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 | BRK-A | Berkshire Hathaway Inc-cl A | 股票-其他 | 7.40% | -0.63% | — | |
| 2 | AAPL | Apple Inc | 股票-科技 | 6.33% | -0.03% | -2.12% | |
| 3 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 4.73% | -0.32% | +0.29% | |
| 4 | CAT | Caterpillar Inc | 股票-工業 | 3.70% | +1.40% | -0.53% | |
| 5 | MSFT | Microsoft CORP | 股票-科技 | 3.66% | -0.28% | +0.25% | |
| 6 | AMAT | Applied Materials Inc | 股票-科技 | 2.52% | +2.14% | -7.81% | |
| 7 | SCHO | Schwab Short-term US Treas | ETF-其他 | 2.12% | -0.31% | +25.24% | |
| 8 | PH | Parker Hannifin CORP | 股票-工業 | 1.73% | -0.08% | — | |
| 9 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 1.59% | +0.18% | -0.17% | |
| 10 | TMO | Thermo Fisher Scientific Inc | 股票-醫療保健 | 1.46% | -0.13% | -0.24% | |
| 11 | ORCL | Oracle CORP | 股票-科技 | 1.38% | -0.13% | -0.56% | |
| 12 | HON | Honeywell International Inc | 股票-工業 | 1.33% | -1.51% | EXIT | |
| 13 | SCHR | Schwab Intermediate-term US | ETF-其他 | 1.31% | -0.17% | +4.80% | |
| 14 | MCK | Mckesson CORP | 股票-醫療保健 | 1.17% | -0.29% | -3.46% | |
| 15 | USB | US Bancorp | 股票-金融 | 1.17% | +0.01% | -0.02% | |
| 16 | CSCO | Cisco Systems Inc | 股票-科技 | 1.14% | +0.34% | -1.10% | |
| 17 | JNJ | Johnson & Johnson | 股票-醫療保健 | 1.13% | -0.14% | -2.27% | |
| 18 | VZ | Verizon Communications Inc | 股票-通訊服務 | 1.13% | -0.36% | -0.10% | |
| 19 | GLW | Corning Inc | 股票-科技 | 1.12% | +1.00% | -12.59% | |
| 20 | ABM | Abm Industries Inc | 股票-其他 | 1.09% | — | -7.93% | |
| 21 | ABBV | Abbvie Inc | 股票-醫療保健 | 1.04% | +0.01% | -0.96% | |
| 22 | C | Citigroup Inc | 股票-金融 | 1.02% | +0.08% | — | |
| 23 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 1.01% | -0.11% | -1.41% | |
| 24 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.99% | -0.02% | -1.19% | |
| 25 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.97% | -0.07% | +0.33% | |
| 26 | WFC | Wells Fargo & Co | 股票-金融 | 0.94% | -0.08% | -0.16% | |
| 27 | NSC | Norfolk Southern CORP | 股票-工業 | 0.92% | -0.04% | -4.16% | |
| 28 | UNP | Union Pacific CORP | 股票-工業 | 0.91% | -0.02% | — | |
| 29 | NOC | Northrop Grumman CORP | 股票-工業 | 0.90% | -0.37% | — | |
| 30 | AMZN | Amazon.com Inc | 股票-循環性消費 | 0.89% | +0.05% | +2.66% | |
| 31 | GBIL | Goldman Sachs Access Treasur | ETF-避險與商品 | 0.89% | -0.12% | -1.96% | |
| 32 | SXI | Standex International CORP | 股票-其他 | 0.88% | +0.17% | -2.92% | |
| 33 | ABT | Abbott Laboratories | 股票-醫療保健 | 0.85% | -0.15% | -0.51% | |
| 34 | CSX | Csx CORP | 股票-工業 | 0.81% | — | — | |
| 35 | AXP | American Express Co | 股票-金融 | 0.80% | -0.01% | — | |
| 36 | NEAR | Ishares Sh Dba ETF Usd Inc | ETF-其他 | 0.77% | -0.10% | +28.93% | |
| 37 | ALL | Allstate CORP | 股票-金融 | 0.76% | — | +2.35% | |
| 38 | TIP | Ishares Tips Bond ETF | ETF-其他 | 0.75% | -0.10% | -1.00% | |
| 39 | LMT | Lockheed Martin CORP | 股票-工業 | 0.73% | -0.24% | -0.68% | |
| 40 | SCHF | Schwab Intl Equity ETF | ETF-其他 | 0.69% | +0.02% | +36.24% | |
| 41 | INGR | Ingredion Inc | 股票-非循環性消費 | 0.65% | -0.17% | +0.64% | |
| 42 | TGT | Target CORP | 股票-循環性消費 | 0.63% | -0.06% | -0.04% | |
| 43 | LHX | L3harris Technologies Inc | 股票-工業 | 0.61% | -0.15% | -8.32% | |
| 44 | PFE | Pfizer Inc | 股票-醫療保健 | 0.61% | -0.18% | -1.33% | |
| 45 | EMR | Emerson Electric Co | 股票-工業 | 0.60% | -0.02% | -5.93% | |
| 46 | V | Visa Inc-class A Shares | 股票-金融 | 0.59% | +0.04% | +1.08% | |
| 47 | JOE | St Joe Co/the | 股票-其他 | 0.57% | -0.08% | — | |
| 48 | TXT | Textron Inc | 股票-工業 | 0.56% | -0.05% | — | |
| 49 | TT | Trane Technologies plc | 股票-工業 | 0.56% | — | -20.80% | |
| 50 | CVX | Chevron CORP | 股票-能源 | 0.55% | -0.17% | +5.00% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | CAT | Caterpillar Inc | +0.6% | -0.53% | 減碼 |
| 2 | SCHO | Schwab Short-term US Treas | +0.4% | +25.24% | 加碼 |
| 3 | GOOGL | Alphabet Inc-cl A | +0.3% | -0.17% | 減碼 |
| 4 | AMAT | Applied Materials Inc | +0.3% | -7.81% | 減碼 |
| 5 | TMO | Thermo Fisher Scientific Inc | +0.2% | -0.24% | 減碼 |
| 6 | PH | Parker Hannifin CORP | +0.2% | — | 不變 |
| 7 | SCHF | Schwab Intl Equity ETF | +0.2% | +36.24% | 加碼 |
| 8 | MRK | Merck & Co. Inc. | +0.2% | +0.33% | 加碼 |
| 9 | AAPL | Apple Inc | +0.2% | -2.12% | 減碼 |
| 10 | NEAR | Ishares Sh Dba ETF Usd Inc | +0.2% | +28.93% | 加碼 |
| 11 | C | Citigroup Inc | +0.1% | — | 不變 |
| 12 | AMD | Advanced Micro Devices | +0.1% | -1.12% | 減碼 |
| 13 | CSCO | Cisco Systems Inc | +0.1% | -1.10% | 減碼 |
| 14 | USB | US Bancorp | +0.1% | -0.02% | 減碼 |
| 15 | CAH | Cardinal Health Inc | +0.1% | — | 不變 |
| 16 | REGN | Regeneron Pharmaceuticals | +0.1% | -1.19% | 減碼 |
| 17 | JOE | St Joe Co/the | +0.1% | — | 不變 |
| 18 | JNJ | Johnson & Johnson | +0.1% | -2.27% | 減碼 |
| 19 | WFC | Wells Fargo & Co | +0.1% | -0.16% | 減碼 |
| 20 | AXP | American Express Co | +0.1% | — | 不變 |
| 21 | BMY | Bristol-myers Squibb Co | +0.1% | -0.53% | 減碼 |
| 22 | LUV | Southwest Airlines Co | +0.1% | -0.98% | 減碼 |
| 23 | AMZN | Amazon.com Inc | +0.1% | +2.66% | 加碼 |
| 24 | SCHX | Schwab US Large-cap ETF | +0.1% | +12.38% | 加碼 |
| 25 | CHRW | C.h. Robinson Worldwide Inc | +0.1% | -1.19% | 減碼 |
| 26 | LLY | Eli Lilly & Co | +0.1% | — | 不變 |
| 27 | TGT | Target CORP | +0.1% | -0.04% | 減碼 |
| 28 | SCHR | Schwab Intermediate-term US | 0% | +4.80% | 加碼 |
| 29 | VRTX | Vertex Pharmaceuticals Inc | 0% | -1.59% | 減碼 |
| 30 | DIS | Walt Disney Co/the | -0.1% | -10.61% | 減碼 |
| 31 | INGR | Ingredion Inc | -0.1% | +0.64% | 加碼 |
| 32 | ACM | Aecom | -0.1% | -1.15% | 減碼 |
| 33 | ABT | Abbott Laboratories | -0.1% | -0.51% | 減碼 |
| 34 | NOC | Northrop Grumman CORP | -0.1% | — | 不變 |
| 35 | FAST | Fastenal Co | -0.1% | -19.62% | 減碼 |
| 36 | CMI | Cummins Inc | -0.1% | -39.19% | 減碼 |
| 37 | HD | Home Depot Inc | -0.1% | — | 不變 |
| 38 | LHX | L3harris Technologies Inc | -0.1% | -8.32% | 減碼 |
| 39 | GLW | Corning Inc | -0.1% | -12.59% | 減碼 |
| 40 | NSC | Norfolk Southern CORP | -0.1% | -4.16% | 減碼 |
| 41 | VZ | Verizon Communications Inc | -0.1% | -0.10% | 減碼 |
| 42 | PG | Procter & Gamble Co/the | -0.1% | -1.41% | 減碼 |
| 43 | ETN | Eaton Corporation plc | -0.1% | -29.07% | 減碼 |
| 44 | VSH | Vishay Intertechnology Inc | -0.2% | -29.73% | 減碼 |
| 45 | HON | Honeywell International Inc | -0.2% | -4.03% | 減碼 |
| 46 | TT | Trane Technologies plc | -0.2% | -20.80% | 減碼 |
| 47 | ABM | Abm Industries Inc | -0.2% | -7.93% | 減碼 |
| 48 | FISV | Fiserv Inc | -0.2% | — | 不變 |
| 49 | MSFT | Microsoft CORP | -0.3% | +0.25% | 加碼 |
| 50 | ORCL | Oracle CORP | -0.7% | -0.56% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Pflug Koory, LLC 在 Q4 2025 季度的美股持倉總市值約為 US$2.5億，共申報了 418 個公開持股部位。
在 Q4 2025 季度，Pflug Koory, LLC 按市值排列的前三大核心持股分別為：BRK-A (7.4%)、AAPL (6.3%)、BRK-B (4.7%)。其中最大持股部位 BRK-A 佔據整體投資組合約 7.4% 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
AAPL
前期市值: US$1299.1萬
在 Q4 2025 季度中，Pflug Koory, LLC 共進行了 41 項持倉異動，包含新建倉 0 個部位、加碼 9 個部位、減碼 32 個部位以及清倉 0 個部位。
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。