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: 0001899753
申報總市值
US$1.5億
US$1.5億
111 檔
24.9%
在 Q2 2025 申報期間，Pine Haven Investment Counsel, Inc（CIK: 0001899753）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$1.5億，共持有 111 個公開申報部位。
觀察 Q2 2025 的資金脈絡，Pine Haven Investment Counsel, Inc 在獲利結算 5 檔個股的同時，將資本重新部署至 3 檔新選標的，展現主動管理機構的輪動節奏。
在資產配置集中度方面，Pine Haven Investment Counsel, Inc 的前 5 大核心持股（包含 MSFT, AAPL, COST 等）合計佔整體申報市值的 24.9%，反映機構在主要關鍵部位上的權重分佈。
| # | 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 | 11.66% | -0.66% | +0.19% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 6.77% | +0.30% | -0.13% | |
| 3 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 4.20% | -0.56% | -1.10% | |
| 4 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 3.44% | -0.14% | -0.57% | |
| 5 | SBUX | Starbucks CORP | 股票-循環性消費 | 3.07% | +0.15% | +1.38% | |
| 6 | SCHW | Schwab (charles) CORP | 股票-金融 | 3.00% | -0.32% | +0.26% | |
| 7 | ABBV | Abbvie Inc | 股票-醫療保健 | 2.62% | +0.17% | -1.29% | |
| 8 | ABT | Abbott Laboratories | 股票-醫療保健 | 2.44% | -0.31% | -0.88% | |
| 9 | ESGD | Ishares Trust Ishares Esg Aw | ETF-其他 | 2.35% | +0.08% | +1.26% | |
| 10 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 2.23% | +0.36% | -2.66% | |
| 11 | ORCL | Oracle CORP | 股票-科技 | 2.05% | -0.12% | +0.93% | |
| 12 | VOO | Vanguard S&p 500 ETF | ETF-大型股與成長 | 1.93% | +0.10% | — | |
| 13 | XOM | Exxon Mobil CORP | 股票-能源 | 1.70% | -0.66% | — | |
| 14 | DE | Deere & Co | 股票-工業 | 1.64% | +0.06% | -3.41% | |
| 15 | CMG | Chipotle Mexican Grill Inc | 股票-循環性消費 | 1.64% | -0.02% | +0.58% | |
| 16 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 1.46% | -0.09% | +0.26% | |
| 17 | EAGG | Ishares Esg Aware US Aggrega | ETF-其他 | 1.44% | -0.04% | +10.54% | |
| 18 | AMGN | Amgen Inc | 股票-醫療保健 | 1.44% | -0.11% | +1.02% | |
| 19 | EMR | Emerson Electric Co | 股票-工業 | 1.22% | +0.03% | -1.60% | |
| 20 | NVDA | Nvidia CORP | 股票-科技 | 1.20% | +0.04% | — | |
| 21 | NKE | Nike Inc -cl B | 股票-循環性消費 | 1.19% | -0.24% | +0.18% | |
| 22 | SYK | Stryker CORP | 股票-醫療保健 | 1.10% | -0.11% | — | |
| 23 | JNJ | Johnson & Johnson | 股票-醫療保健 | 1.04% | -0.12% | +0.81% | |
| 24 | V | Visa Inc-class A Shares | 股票-金融 | 1.03% | +0.03% | -0.41% | |
| 25 | UNP | Union Pacific CORP | 股票-工業 | 1.02% | +0.02% | -1.39% | |
| 26 | TJX | Tjx Companies Inc | 股票-循環性消費 | 1.01% | -0.15% | -2.52% | |
| 27 | PEP | Pepsico Inc | 股票-非循環性消費 | 0.99% | -0.24% | +2.47% | |
| 28 | AMAT | Applied Materials Inc | 股票-科技 | 0.93% | +1.19% | -4.06% | |
| 29 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 0.92% | +0.07% | — | |
| 30 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.91% | +0.17% | +0.45% | |
| 31 | NFLX | Netflix Inc | 股票-通訊服務 | 0.90% | -0.19% | — | |
| 32 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.89% | +0.02% | -3.62% | |
| 33 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.87% | -0.02% | -0.04% | |
| 34 | CL | Colgate-palmolive Co | 股票-非循環性消費 | 0.86% | — | -2.34% | |
| 35 | SCHP | Schwab U.s. Tips ETF | ETF-其他 | 0.85% | -0.05% | +1.72% | |
| 36 | IWR | Ishares Russell Mid-cap ETF | ETF-其他 | 0.83% | +0.03% | — | |
| 37 | BLK | Blackrock Inc | 股票-金融 | 0.83% | -0.04% | +5.55% | |
| 38 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.78% | -0.05% | -1.03% | |
| 39 | ESML | Ishares Esg Aware Msci USA S | ETF-其他 | 0.77% | +0.09% | -0.53% | |
| 40 | CAT | Caterpillar Inc | 股票-工業 | 0.74% | +0.36% | -0.37% | |
| 41 | EFA | Ishares Msci Eafe ETF | ETF-其他 | 0.72% | -0.02% | — | |
| 42 | SUSB | Ishares Esg Aware 1-5 Year U | ETF-其他 | 0.70% | -0.01% | +6.90% | |
| 43 | KO | Coca-cola Co/the | 股票-非循環性消費 | 0.70% | -0.02% | +0.12% | |
| 44 | ISRG | Intuitive Surgical Inc | 股票-醫療保健 | 0.69% | -0.13% | +2.99% | |
| 45 | DIS | Walt Disney Co/the | 股票-通訊服務 | 0.64% | -0.04% | -1.50% | |
| 46 | ISTB | Ishares Core 1-5 Year Usd Bo | ETF-其他 | 0.63% | -0.06% | +1.85% | |
| 47 | CRM | Salesforce Inc | 股票-科技 | 0.63% | -0.10% | +3.14% | |
| 48 | TSLA | Tesla Inc | 股票-循環性消費 | 0.60% | +0.02% | -2.22% | |
| 49 | AVGO | Broadcom Inc | 股票-科技 | 0.60% | +0.06% | +0.47% | |
| 50 | TROW | T Rowe Price Group Inc | 股票-金融 | 0.59% | +0.07% | -6.32% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | MSFT | Microsoft CORP | +2.3% | +0.19% | 加碼 |
| 2 | ORCL | Oracle CORP | +0.7% | +0.93% | 加碼 |
| 3 | NVDA | Nvidia CORP | +0.3% | — | 不變 |
| 4 | SCHW | Schwab (charles) CORP | +0.3% | +0.26% | 加碼 |
| 5 | NFLX | Netflix Inc | +0.2% | — | 不變 |
| 6 | AVGO | Broadcom Inc | +0.2% | +0.47% | 加碼 |
| 7 | MDYG | Ss Spdr S&p 400 Mc Gr ETF | +0.2% | NEW | 新建倉 |
| 8 | INTU | Intuit Inc | +0.2% | NEW | 新建倉 |
| 9 | SCHH | Schwab US Reit ETF | +0.2% | NEW | 新建倉 |
| 10 | EMR | Emerson Electric Co | +0.1% | -1.60% | 減碼 |
| 11 | META | Meta Platforms Inc-class A | +0.1% | -1.03% | 減碼 |
| 12 | AMAT | Applied Materials Inc | +0.1% | -4.06% | 減碼 |
| 13 | IDXX | Idexx Laboratories Inc | +0.1% | +4.33% | 加碼 |
| 14 | CMG | Chipotle Mexican Grill Inc | +0.1% | +0.58% | 加碼 |
| 15 | DIS | Walt Disney Co/the | +0.1% | -1.50% | 減碼 |
| 16 | ESGD | Ishares Trust Ishares Esg Aw | +0.1% | +1.26% | 加碼 |
| 17 | GOOGL | Alphabet Inc-cl A | +0.1% | -2.66% | 減碼 |
| 18 | ROK | Rockwell Automation Inc | +0.1% | — | 不變 |
| 19 | AMD | Advanced Micro Devices | +0.1% | +3.27% | 加碼 |
| 20 | BLK | Blackrock Inc | +0.1% | +5.55% | 加碼 |
| 21 | CAT | Caterpillar Inc | +0.1% | -0.37% | 減碼 |
| 22 | BA | Boeing Co/the | +0.1% | — | 不變 |
| 23 | VOO | Vanguard S&p 500 ETF | +0.1% | — | 不變 |
| 24 | NKE | Nike Inc -cl B | +0.1% | +0.18% | 加碼 |
| 25 | JPM | Jpmorgan Chase & Co | +0.1% | -3.62% | 減碼 |
| 26 | TSLA | Tesla Inc | +0.1% | -2.22% | 減碼 |
| 27 | EAGG | Ishares Esg Aware US Aggrega | +0.1% | +10.54% | 加碼 |
| 28 | GOOG | Alphabet Inc-cl C | +0.1% | +0.45% | 加碼 |
| 29 | ISRG | Intuitive Surgical Inc | 0% | +2.99% | 加碼 |
| 30 | SAP | Sap Se-sponsored Adr | 0% | — | 不變 |
| 31 | SPY | Ss Spdr S&p 500 ETF Trust-us | 0% | — | 不變 |
| 32 | SYK | Stryker CORP | 0% | — | 不變 |
| 33 | DE | Deere & Co | 0% | -3.41% | 減碼 |
| 34 | CVS | Cvs Health CORP | -0.1% | -23.46% | 減碼 |
| 35 | COST | Costco Wholesale CORP | -0.1% | -1.10% | 減碼 |
| 36 | JNJ | Johnson & Johnson | -0.2% | +0.81% | 加碼 |
| 37 | SAM | Boston Beer Company Inc-a | -0.2% | EXIT | 清倉 |
| 38 | CVX | Chevron CORP | -0.2% | EXIT | 清倉 |
| 39 | CTSH | Cognizant Tech Solutions-a | -0.2% | EXIT | 清倉 |
| 40 | VZ | Verizon Communications Inc | -0.2% | EXIT | 清倉 |
| 41 | PEP | Pepsico Inc | -0.2% | +2.47% | 加碼 |
| 42 | MRK | Merck & Co. Inc. | -0.2% | -0.04% | 減碼 |
| 43 | PG | Procter & Gamble Co/the | -0.2% | +0.26% | 加碼 |
| 44 | BMY | Bristol-myers Squibb Co | -0.2% | EXIT | 清倉 |
| 45 | AMGN | Amgen Inc | -0.3% | +1.02% | 加碼 |
| 46 | XOM | Exxon Mobil CORP | -0.3% | — | 不變 |
| 47 | SBUX | Starbucks CORP | -0.4% | +1.38% | 加碼 |
| 48 | ABBV | Abbvie Inc | -0.6% | -1.29% | 減碼 |
| 49 | BRK-B | Berkshire Hathaway Inc-cl B | -0.6% | -0.57% | 減碼 |
| 50 | AAPL | Apple Inc | -1.1% | -0.13% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Pine Haven Investment Counsel, Inc 在 Q2 2025 季度的美股持倉總市值約為 US$1.5億，共申報了 111 個公開持股部位。
在 Q2 2025 季度，Pine Haven Investment Counsel, Inc 按市值排列的前三大核心持股分別為：MSFT (11.7%)、AAPL (6.8%)、COST (4.2%)。其中最大持股部位 MSFT 佔據整體投資組合約 11.7% 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
MDYG
市值: US$25.8萬
本季最大獲利了結 / 清倉標的
BMY
前期市值: US$25.4萬
在 Q2 2025 季度中，Pine Haven Investment Counsel, Inc 共進行了 41 項持倉異動，包含新建倉 3 個部位、加碼 18 個部位、減碼 15 個部位以及清倉 5 個部位。 其中最大新建倉標的為 MDYG。 本季清倉部位包含 BMY。
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。