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
107 檔
37.3%
Q4 2025 季度申報顯示，Physicians Financial Services, Inc. 揭露的美股組合總市值為 US$4.0億，涵蓋 107 個不同之權益投資部位。
Physicians Financial Services, Inc. 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 39 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 AAPL, NVDA, GOOGL）占據了總市值的 37.3%，展現出該機構在 Q4 2025 的重點資金聚焦與風險分佈特徵。
| # | 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 | 15.38% | +0.44% | -1.82% | |
| 2 | NVDA | Nvidia CORP | 股票-科技 | 6.74% | -1.28% | -3.84% | |
| 3 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 6.45% | +0.78% | -1.98% | |
| 4 | AMZN | Amazon.com Inc | 股票-循環性消費 | 6.13% | +0.40% | -0.94% | |
| 5 | MSFT | Microsoft CORP | 股票-科技 | 5.36% | -0.32% | -1.51% | |
| 6 | WMT | Walmart Inc | 股票-非循環性消費 | 4.70% | -0.92% | -1.25% | |
| 7 | CAT | Caterpillar Inc | 股票-工業 | 2.91% | +1.34% | -1.79% | |
| 8 | MA | Mastercard Inc - A | 股票-金融 | 2.76% | -0.16% | -1.23% | |
| 9 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 2.31% | -0.22% | -0.89% | |
| 10 | CMI | Cummins Inc | 股票-工業 | 1.67% | +0.37% | -2.47% | |
| 11 | MCD | Mcdonald's CORP | 股票-循環性消費 | 1.65% | -0.36% | -0.86% | |
| 12 | V | Visa Inc-class A Shares | 股票-金融 | 1.59% | +0.06% | -0.29% | |
| 13 | ADP | Automatic Data Processing | 股票-科技 | 1.55% | +0.01% | -0.22% | |
| 14 | CVX | Chevron CORP | 股票-能源 | 1.54% | -0.63% | -3.95% | |
| 15 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 1.52% | -0.29% | -1.35% | |
| 16 | AMGN | Amgen Inc | 股票-醫療保健 | 1.50% | -0.11% | -0.75% | |
| 17 | LOW | Lowe's Cos Inc | 股票-循環性消費 | 1.46% | -0.23% | -0.88% | |
| 18 | AVGO | Broadcom Inc | 股票-科技 | 1.45% | +0.14% | -3.34% | |
| 19 | PH | Parker Hannifin CORP | 股票-工業 | 1.38% | -0.01% | -0.68% | |
| 20 | JNJ | Johnson & Johnson | 股票-醫療保健 | 1.30% | -0.09% | -0.51% | |
| 21 | ORCL | Oracle CORP | 股票-科技 | 1.25% | -0.09% | — | |
| 22 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 1.22% | -0.06% | -0.67% | |
| 23 | LLY | Eli Lilly & Co | 股票-醫療保健 | 1.18% | +0.30% | +2.55% | |
| 24 | KO | Coca-cola Co/the | 股票-非循環性消費 | 1.14% | -0.03% | -0.64% | |
| 25 | DUK | Duke Energy CORP | 股票-公用事業 | 1.10% | -0.17% | -2.44% | |
| 26 | HD | Home Depot Inc | 股票-循環性消費 | 1.09% | -0.03% | -1.67% | |
| 27 | LMT | Lockheed Martin CORP | 股票-工業 | 0.96% | -0.28% | -1.13% | |
| 28 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.94% | -0.08% | -1.51% | |
| 29 | IBM | Intl Business Machines CORP | 股票-科技 | 0.80% | +0.04% | -1.99% | |
| 30 | PEP | Pepsico Inc | 股票-非循環性消費 | 0.79% | -0.18% | -3.24% | |
| 31 | QCOM | Qualcomm Inc | 股票-科技 | 0.76% | +0.18% | -1.50% | |
| 32 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.73% | +0.04% | -1.86% | |
| 33 | RTX | Rtx CORP | 股票-工業 | 0.69% | -0.07% | -2.55% | |
| 34 | ADBE | Adobe Inc | 股票-科技 | 0.68% | — | -6.82% | |
| 35 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.67% | +0.01% | -1.14% | |
| 36 | CSCO | Cisco Systems Inc | 股票-科技 | 0.66% | +0.27% | — | |
| 37 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.65% | +0.07% | — | |
| 38 | DE | Deere & Co | 股票-工業 | 0.62% | +0.02% | -3.87% | |
| 39 | MMM | 3m Co | 股票-工業 | 0.61% | — | -3.25% | |
| 40 | ETN | Eaton Corporation plc | 股票-工業 | 0.54% | +0.04% | -3.28% | |
| 41 | HSY | Hershey Co/the | 股票-非循環性消費 | 0.48% | -0.13% | -6.39% | |
| 42 | FDX | Fedex CORP | 股票-工業 | 0.47% | -0.12% | +0.67% | |
| 43 | NVS | Novartis Ag-sponsored Adr | 股票-醫療保健 | 0.45% | -0.03% | -1.21% | |
| 44 | TFC | Truist Financial CORP | 股票-金融 | 0.45% | -0.01% | -1.95% | |
| 45 | AMD | Advanced Micro Devices | 股票-科技 | 0.45% | +0.70% | — | |
| 46 | ITW | Illinois Tool Works | 股票-工業 | 0.42% | -0.02% | -1.55% | |
| 47 | EQIX | Equinix Inc | 股票-房地產 | 0.41% | -0.02% | — | |
| 48 | GEV | GE Vernova Inc | 股票-工業 | 0.38% | +0.14% | -2.26% | |
| 49 | AXP | American Express Co | 股票-金融 | 0.38% | — | — | |
| 50 | UNP | Union Pacific CORP | 股票-工業 | 0.35% | — | -1.30% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | GOOGL | Alphabet Inc-cl A | +1.3% | -1.98% | 減碼 |
| 2 | AAPL | Apple Inc | +0.5% | -1.82% | 減碼 |
| 3 | CAT | Caterpillar Inc | +0.4% | -1.79% | 減碼 |
| 4 | LLY | Eli Lilly & Co | +0.4% | +2.55% | 加碼 |
| 5 | CMI | Cummins Inc | +0.2% | -2.47% | 減碼 |
| 6 | WMT | Walmart Inc | +0.2% | -1.25% | 減碼 |
| 7 | AMGN | Amgen Inc | +0.2% | -0.75% | 減碼 |
| 8 | PH | Parker Hannifin CORP | +0.2% | -0.68% | 減碼 |
| 9 | AMZN | Amazon.com Inc | +0.1% | -0.94% | 減碼 |
| 10 | GOOG | Alphabet Inc-cl C | +0.1% | — | 不變 |
| 11 | JNJ | Johnson & Johnson | +0.1% | -0.51% | 減碼 |
| 12 | AMD | Advanced Micro Devices | +0.1% | — | 不變 |
| 13 | FDX | Fedex CORP | +0.1% | +0.67% | 加碼 |
| 14 | CSCO | Cisco Systems Inc | +0.1% | — | 不變 |
| 15 | LRCX | Lam Research CORP | +0.1% | — | 不變 |
| 16 | MRK | Merck & Co. Inc. | +0.1% | -1.36% | 減碼 |
| 17 | KO | Coca-cola Co/the | 0% | -0.64% | 減碼 |
| 18 | MAR | Marriott International -cl A | 0% | -2.05% | 減碼 |
| 19 | NUE | Nucor CORP | 0% | -2.95% | 減碼 |
| 20 | RTX | Rtx CORP | 0% | -2.55% | 減碼 |
| 21 | AXP | American Express Co | 0% | — | 不變 |
| 22 | FCNCA | First Citizens Bcshs -cl A | 0% | -7.27% | 減碼 |
| 23 | V | Visa Inc-class A Shares | 0% | -0.29% | 減碼 |
| 24 | VZ | Verizon Communications Inc | 0% | -9.59% | 減碼 |
| 25 | CLX | Clorox Company | 0% | -4.07% | 減碼 |
| 26 | TXN | Texas Instruments Inc | 0% | -6.38% | 減碼 |
| 27 | VEEV | Veeva Systems Inc-class A | 0% | — | 不變 |
| 28 | ITW | Illinois Tool Works | 0% | -1.55% | 減碼 |
| 29 | NKE | Nike Inc -cl B | -0.1% | -12.67% | 減碼 |
| 30 | CMG | Chipotle Mexican Grill Inc | -0.1% | -25.79% | 減碼 |
| 31 | UBER | Uber Technologies Inc | -0.1% | -1.84% | 減碼 |
| 32 | HSY | Hershey Co/the | -0.1% | -6.39% | 減碼 |
| 33 | LMT | Lockheed Martin CORP | -0.1% | -1.13% | 減碼 |
| 34 | ADBE | Adobe Inc | -0.1% | -6.82% | 減碼 |
| 35 | NFLX | Netflix Inc | -0.1% | +869.91% | 加碼 |
| 36 | PG | Procter & Gamble Co/the | -0.1% | -1.51% | 減碼 |
| 37 | LOW | Lowe's Cos Inc | -0.1% | -0.88% | 減碼 |
| 38 | DUK | Duke Energy CORP | -0.1% | -2.44% | 減碼 |
| 39 | ETN | Eaton Corporation plc | -0.1% | -3.28% | 減碼 |
| 40 | CVX | Chevron CORP | -0.1% | -3.95% | 減碼 |
| 41 | COST | Costco Wholesale CORP | -0.2% | -1.35% | 減碼 |
| 42 | HD | Home Depot Inc | -0.2% | -1.67% | 減碼 |
| 43 | ADP | Automatic Data Processing | -0.3% | -0.22% | 減碼 |
| 44 | META | Meta Platforms Inc-class A | -0.3% | -0.89% | 減碼 |
| 45 | NVDA | Nvidia CORP | -0.4% | -3.84% | 減碼 |
| 46 | MSFT | Microsoft CORP | -0.6% | -1.51% | 減碼 |
| 47 | ORCL | Oracle CORP | -0.6% | — | 不變 |
| 48 | XLE | Ss Energy Select Sector | — | NEW | 新建倉 |
| 49 | HON | Honeywell International Inc | — | EXIT | 清倉 |
| 50 | ZBH | Zimmer Biomet Holdings Inc | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Physicians Financial Services, Inc. 在 Q4 2025 季度的美股持倉總市值約為 US$4.0億，共申報了 107 個公開持股部位。
在 Q4 2025 季度，Physicians Financial Services, Inc. 按市值排列的前三大核心持股分別為：AAPL (15.4%)、NVDA (6.7%)、GOOGL (6.5%)。其中最大持股部位 AAPL 佔據整體投資組合約 15.4% 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。
本季最大新建倉標的
XLE
市值: US$27.6萬
本季最大獲利了結 / 清倉標的
HON
前期市值: US$21.6萬
在 Q4 2025 季度中，Physicians Financial Services, Inc. 共進行了 43 項持倉異動，包含新建倉 1 個部位、加碼 3 個部位、減碼 37 個部位以及清倉 2 個部位。 其中最大新建倉標的為 XLE。 本季清倉部位包含 HON。
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。