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: 0001665518
申報總市值
US$4.0億
US$4.0億
108 檔
35.8%
在 Q3 2025 申報期間，Physicians Financial Services, Inc.（CIK: 0001665518）向美國 SEC 提交的 Form 13F 報告顯示，其追蹤之股票投資組合總市值達 US$4.0億，共持有 108 個公開申報部位。
從 Q3 2025 申報觀察，Physicians Financial Services, Inc. 採取防禦導向的調倉策略，本季減碼 30 檔個股並出清 3 檔部位，顯示機構在該時期進行風險控制與流動性回收。
從部位權重觀察，前 5 大標的（包含 AAPL, NVDA, AMZN）累計市值佔比達 35.8%，是驅動 Physicians Financial Services, Inc. 該季度整體投資組合績效表現的核心支柱。
| # | 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 | AAPL | Apple Inc | 股票-科技 | 14.93% | +0.44% | -0.60% | |
| 2 | NVDA | Nvidia CORP | 股票-科技 | 7.13% | -1.28% | -3.21% | |
| 3 | AMZN | Amazon.com Inc | 股票-循環性消費 | 5.99% | +0.40% | -0.24% | |
| 4 | MSFT | Microsoft CORP | 股票-科技 | 5.93% | -0.32% | -1.36% | |
| 5 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 5.20% | +0.78% | +0.01% | |
| 6 | WMT | Walmart Inc | 股票-非循環性消費 | 4.48% | -0.92% | -0.09% | |
| 7 | MA | Mastercard Inc - A | 股票-金融 | 2.83% | -0.16% | -0.30% | |
| 8 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 2.64% | -0.22% | +0.30% | |
| 9 | CAT | Caterpillar Inc | 股票-工業 | 2.51% | +1.34% | -0.52% | |
| 10 | ORCL | Oracle CORP | 股票-科技 | 1.83% | -0.09% | -1.04% | |
| 11 | ADP | Automatic Data Processing | 股票-科技 | 1.81% | +0.01% | -0.99% | |
| 12 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 1.68% | -0.29% | +1.22% | |
| 13 | MCD | Mcdonald's CORP | 股票-循環性消費 | 1.68% | -0.36% | -0.12% | |
| 14 | CVX | Chevron CORP | 股票-能源 | 1.67% | -0.63% | -0.32% | |
| 15 | V | Visa Inc-class A Shares | 股票-金融 | 1.58% | +0.06% | — | |
| 16 | LOW | Lowe's Cos Inc | 股票-循環性消費 | 1.56% | -0.23% | -0.11% | |
| 17 | AVGO | Broadcom Inc | 股票-科技 | 1.45% | +0.14% | -0.62% | |
| 18 | CMI | Cummins Inc | 股票-工業 | 1.44% | +0.37% | -0.32% | |
| 19 | AMGN | Amgen Inc | 股票-醫療保健 | 1.33% | -0.11% | -1.35% | |
| 20 | HD | Home Depot Inc | 股票-循環性消費 | 1.32% | -0.03% | +0.59% | |
| 21 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 1.25% | -0.06% | +1.40% | |
| 22 | PH | Parker Hannifin CORP | 股票-工業 | 1.22% | -0.01% | — | |
| 23 | DUK | Duke Energy CORP | 股票-公用事業 | 1.21% | -0.17% | +2.72% | |
| 24 | JNJ | Johnson & Johnson | 股票-醫療保健 | 1.19% | -0.09% | -0.78% | |
| 25 | KO | Coca-cola Co/the | 股票-非循環性消費 | 1.10% | -0.03% | -0.41% | |
| 26 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 1.04% | -0.08% | +0.53% | |
| 27 | LMT | Lockheed Martin CORP | 股票-工業 | 1.02% | -0.28% | -0.40% | |
| 28 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.83% | +0.30% | +2.07% | |
| 29 | PEP | Pepsico Inc | 股票-非循環性消費 | 0.81% | -0.18% | -0.23% | |
| 30 | IBM | Intl Business Machines CORP | 股票-科技 | 0.79% | +0.04% | -1.34% | |
| 31 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.76% | +0.04% | — | |
| 32 | QCOM | Qualcomm Inc | 股票-科技 | 0.76% | +0.18% | -0.33% | |
| 33 | ADBE | Adobe Inc | 股票-科技 | 0.75% | — | -0.33% | |
| 34 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.68% | +0.01% | +5.08% | |
| 35 | ETN | Eaton Corporation plc | 股票-工業 | 0.67% | +0.04% | -1.17% | |
| 36 | RTX | Rtx CORP | 股票-工業 | 0.66% | -0.07% | — | |
| 37 | DE | Deere & Co | 股票-工業 | 0.64% | +0.02% | — | |
| 38 | MMM | 3m Co | 股票-工業 | 0.63% | — | -0.34% | |
| 39 | CSCO | Cisco Systems Inc | 股票-科技 | 0.60% | +0.27% | -0.62% | |
| 40 | HSY | Hershey Co/the | 股票-非循環性消費 | 0.54% | -0.13% | — | |
| 41 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.52% | +0.07% | -2.51% | |
| 42 | ITW | Illinois Tool Works | 股票-工業 | 0.46% | -0.02% | -0.39% | |
| 43 | TFC | Truist Financial CORP | 股票-金融 | 0.44% | -0.01% | +0.16% | |
| 44 | NVS | Novartis Ag-sponsored Adr | 股票-醫療保健 | 0.44% | -0.03% | -1.58% | |
| 45 | EQIX | Equinix Inc | 股票-房地產 | 0.42% | -0.02% | — | |
| 46 | FDX | Fedex CORP | 股票-工業 | 0.39% | -0.12% | -1.64% | |
| 47 | UNP | Union Pacific CORP | 股票-工業 | 0.37% | — | -0.43% | |
| 48 | GEV | GE Vernova Inc | 股票-工業 | 0.37% | +0.14% | +7.52% | |
| 49 | PM | Philip Morris International | 股票-非循環性消費 | 0.36% | — | — | |
| 50 | TXN | Texas Instruments Inc | 股票-科技 | 0.35% | +0.14% | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | +2.2% | -3.21% | 減碼 |
| 2 | GOOGL | Alphabet Inc-cl A | +1.2% | +0.01% | 減碼 |
| 3 | MSFT | Microsoft CORP | +0.8% | -1.36% | 減碼 |
| 4 | ORCL | Oracle CORP | +0.8% | -1.04% | 減碼 |
| 5 | AVGO | Broadcom Inc | +0.6% | -0.62% | 加碼 |
| 6 | CAT | Caterpillar Inc | +0.5% | -0.52% | 減碼 |
| 7 | META | Meta Platforms Inc-class A | +0.3% | +0.30% | 加碼 |
| 8 | GEV | GE Vernova Inc | +0.2% | +7.52% | 加碼 |
| 9 | CMI | Cummins Inc | +0.2% | -0.32% | 減碼 |
| 10 | NFLX | Netflix Inc | +0.1% | — | 加碼 |
| 11 | UBER | Uber Technologies Inc | +0.1% | -0.91% | 加碼 |
| 12 | GOOG | Alphabet Inc-cl C | +0.1% | -2.51% | 減碼 |
| 13 | PLTR | Palantir Technologies Inc-a | +0.1% | +1.55% | 減碼 |
| 14 | AXP | American Express Co | +0.1% | +0.66% | 加碼 |
| 15 | PH | Parker Hannifin CORP | +0.1% | — | 加碼 |
| 16 | JPM | Jpmorgan Chase & Co | +0.1% | +5.08% | 加碼 |
| 17 | ETN | Eaton Corporation plc | +0.1% | -1.17% | 減碼 |
| 18 | TSLA | Tesla Inc | +0.1% | +2.14% | 加碼 |
| 19 | LRCX | Lam Research CORP | +0.1% | — | 減碼 |
| 20 | BA | Boeing Co/the | +0.1% | +10.83% | 加碼 |
| 21 | AMD | Advanced Micro Devices | +0.1% | -1.81% | 減碼 |
| 22 | RTX | Rtx CORP | 0% | — | 減碼 |
| 23 | DUK | Duke Energy CORP | 0% | +2.72% | 加碼 |
| 24 | VGT | Vanguard Info Tech ETF | 0% | — | 不變 |
| 25 | WMT | Walmart Inc | 0% | -0.09% | 減碼 |
| 26 | IBM | Intl Business Machines CORP | 0% | -1.34% | 減碼 |
| 27 | LMT | Lockheed Martin CORP | -0.1% | -0.40% | 減碼 |
| 28 | ABBV | Abbvie Inc | -0.1% | — | 減碼 |
| 29 | HD | Home Depot Inc | -0.1% | +0.59% | 加碼 |
| 30 | BDX | Becton Dickinson And Co | -0.1% | -0.65% | 減碼 |
| 31 | JNJ | Johnson & Johnson | -0.1% | -0.78% | 減碼 |
| 32 | VZ | Verizon Communications Inc | -0.1% | -0.07% | 減碼 |
| 33 | TGT | Target CORP | -0.1% | -5.35% | 減碼 |
| 34 | AMZN | Amazon.com Inc | -0.2% | -0.24% | 減碼 |
| 35 | HON | Honeywell International Inc | -0.2% | -9.69% | 減碼 |
| 36 | PEP | Pepsico Inc | -0.2% | -0.23% | 減碼 |
| 37 | PG | Procter & Gamble Co/the | -0.3% | +0.53% | 減碼 |
| 38 | KO | Coca-cola Co/the | -0.3% | -0.41% | 減碼 |
| 39 | V | Visa Inc-class A Shares | -0.4% | — | 減碼 |
| 40 | MA | Mastercard Inc - A | -0.4% | -0.30% | 減碼 |
| 41 | AMGN | Amgen Inc | -0.4% | -1.35% | 減碼 |
| 42 | CVX | Chevron CORP | -0.4% | -0.32% | 減碼 |
| 43 | AAPL | Apple Inc | -0.6% | -0.60% | 減碼 |
| 44 | ADM | Archer-daniels-midland Co | — | EXIT | 清倉 |
| 45 | ADP | Automatic Data Processing | — | NEW | 新建倉 |
| 46 | SJM | Jm Smucker Co/the | — | EXIT | 清倉 |
| 47 | GNRC | Generac Holdings Inc | — | NEW | 新建倉 |
| 48 | NSC | Norfolk Southern CORP | — | NEW | 新建倉 |
| 49 | TEL | TE Connectivity plc | — | NEW | 新建倉 |
| 50 | SNPS | Synopsys Inc | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Physicians Financial Services, Inc. 在 Q3 2025 季度的美股持倉總市值約為 US$4.0億，共申報了 108 個公開持股部位。
在 Q3 2025 季度，Physicians Financial Services, Inc. 按市值排列的前三大核心持股分別為：AAPL (14.9%)、NVDA (7.1%)、AMZN (6.0%)。其中最大持股部位 AAPL 佔據整體投資組合約 14.9% 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
ADP
市值: US$662.1萬
本季最大獲利了結 / 清倉標的
ADM
前期市值: US$706.3萬
在 Q3 2025 季度中，Physicians Financial Services, Inc. 共進行了 49 項持倉異動，包含新建倉 4 個部位、加碼 12 個部位、減碼 30 個部位以及清倉 3 個部位。 其中最大新建倉標的為 ADP。 本季清倉部位包含 ADM。
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。