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: 0002059321
申報總市值
US$13.8億
US$13.8億
174 檔
19.3%
截至 Q1 2025 季度末，PKO Investment Management Joint-Stock Co 的美股持倉估值約為 US$13.8億，全數申報部位共有 174 檔。
在 Q1 2025，PKO Investment Management Joint-Stock Co 操作展現出積極擴展與加碼意向。本季共新建倉 12 個新部位，並對 23 個既有持股進行加碼（合計增持 35 檔），相較減碼與清倉部位顯著佔優。
檢視投資組合結構，前 5 大主力部位（包含 IVV, QQQM, MSFT）占據了總市值的 19.3%，展現出該機構在 Q1 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 | IVV | Ishares Core S&p 500 ETF | ETF-大型股與成長 | 13.03% | +0.20% | -41.66% | |
| 2 | QQQM | Invesco Nasdaq 100 ETF | ETF-科技型 | 4.82% | — | — | |
| 3 | MSFT | Microsoft CORP | 股票-科技 | 4.43% | -0.53% | +55.22% | |
| 4 | QQQE | Dirx Nasdaq-100eq Wi Etf-usd | ETF-科技型 | 4.15% | — | — | |
| 5 | AAPL | Apple Inc | 股票-科技 | 3.78% | -0.17% | +80.72% | |
| 6 | NVDA | Nvidia CORP | 股票-科技 | 3.32% | +0.58% | +70.89% | |
| 7 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.81% | -0.08% | +209.52% | |
| 8 | VOO | Vanguard S&p 500 ETF | ETF-大型股與成長 | 2.77% | +0.03% | +5.55% | |
| 9 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 2.54% | -0.07% | +93.33% | |
| 10 | AVGO | Broadcom Inc | 股票-科技 | 2.09% | +0.14% | +134.04% | |
| 11 | AEM | Agnico Eagle Mines LTD | 股票-原物料 | 1.89% | -0.75% | -16.35% | |
| 12 | NEM | Newmont CORP | 股票-原物料 | 1.87% | -0.74% | -9.40% | |
| 13 | TSLA | Tesla Inc | 股票-循環性消費 | 1.71% | -0.38% | +117.54% | |
| 14 | WPM | Wheaton Precious Metals CORP | 股票-原物料 | 1.67% | -0.24% | -8.92% | |
| 15 | ABX | Barrick Gold CORP | 股票-金融 | 1.57% | — | -9.30% | |
| 16 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.37% | -0.50% | +90.91% | |
| 17 | AMD | Advanced Micro Devices | 股票-科技 | 1.37% | +1.32% | +7.63% | |
| 18 | EEM | Ishares Msci Emerging Market | ETF-新興市場 | 1.29% | -0.04% | +131.33% | |
| 19 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 1.23% | -0.13% | +187.50% | |
| 20 | XOM | Exxon Mobil CORP | 股票-能源 | 1.11% | -0.43% | -3.57% | |
| 21 | REGN | Regeneron Pharmaceuticals | 股票-醫療保健 | 1.10% | -0.10% | +41.67% | |
| 22 | FNV | Franco-nevada CORP | 股票-原物料 | 0.93% | -0.39% | -14.01% | |
| 23 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.90% | -0.02% | +28.00% | |
| 24 | CVX | Chevron CORP | 股票-能源 | 0.89% | -0.30% | -11.16% | |
| 25 | QCOM | Qualcomm Inc | 股票-科技 | 0.86% | +0.07% | +12.16% | |
| 26 | AMAT | Applied Materials Inc | 股票-科技 | 0.86% | +0.65% | +23.81% | |
| 27 | GFI | Gold Fields Ltd-spons Adr | 股票-原物料 | 0.83% | -0.35% | -18.52% | |
| 28 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 0.83% | +0.10% | +14.89% | |
| 29 | NFLX | Netflix Inc | 股票-通訊服務 | 0.82% | -0.30% | +290.00% | |
| 30 | ADBE | Adobe Inc | 股票-科技 | 0.79% | -0.09% | +12.82% | |
| 31 | TXN | Texas Instruments Inc | 股票-科技 | 0.77% | +0.20% | +87.94% | |
| 32 | MU | Micron Technology Inc | 股票-科技 | 0.74% | +2.02% | +4.17% | |
| 33 | KGC | Kinross Gold CORP | 股票-原物料 | 0.72% | -0.36% | -13.77% | |
| 34 | LRCX | Lam Research CORP | 股票-科技 | 0.71% | +0.53% | -14.07% | |
| 35 | DXCM | Dexcom Inc | 股票-醫療保健 | 0.70% | -0.04% | +89.58% | |
| 36 | ADI | Analog Devices Inc | 股票-科技 | 0.62% | +0.03% | +170.00% | |
| 37 | IWM | Ishares Russell 2000 ETF | ETF-中小型股 | 0.61% | +0.04% | — | |
| 38 | IJR | Ishares Core S&p Small-cap E | ETF-中小型股 | 0.59% | +0.01% | +25.13% | |
| 39 | ISRG | Intuitive Surgical Inc | 股票-醫療保健 | 0.56% | -0.15% | +233.33% | |
| 40 | MRVL | Marvell Technology Inc | 股票-科技 | 0.56% | +0.21% | — | |
| 41 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.54% | -0.01% | +23.94% | |
| 42 | IEMG | Ishares Core Msci Emerging | ETF-新興市場 | 0.53% | +0.11% | +38.09% | |
| 43 | HON | Honeywell International Inc | 股票-工業 | 0.53% | -0.36% | EXIT | |
| 44 | APP | Applovin Corp-class A | 股票-科技 | 0.51% | +0.03% | — | |
| 45 | PEP | Pepsico Inc | 股票-非循環性消費 | 0.51% | +0.16% | — | |
| 46 | PAAS | Pan American Silver CORP | 股票-原物料 | 0.50% | -0.24% | +3.01% | |
| 47 | CEG | Constellation Energy | 股票-公用事業 | 0.48% | -0.06% | — | |
| 48 | PANW | Palo Alto Networks Inc | 股票-科技 | 0.46% | +0.30% | +200.00% | |
| 49 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.46% | -0.04% | +2.08% | |
| 50 | BHP | Bhp Group Ltd-spon Adr | 股票-原物料 | 0.46% | -0.11% | +0.12% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | AMZN | Amazon.com Inc | +1.7% | +209.52% | 加碼 |
| 2 | AAPL | Apple Inc | +1.2% | +80.72% | 加碼 |
| 3 | MSFT | Microsoft CORP | +0.9% | +55.22% | 加碼 |
| 4 | GOOGL | Alphabet Inc-cl A | +0.8% | +93.33% | 加碼 |
| 5 | COST | Costco Wholesale CORP | +0.8% | +187.50% | 加碼 |
| 6 | AVGO | Broadcom Inc | +0.7% | +134.04% | 加碼 |
| 7 | EEM | Ishares Msci Emerging Market | +0.7% | +131.33% | 加碼 |
| 8 | NVDA | Nvidia CORP | +0.7% | +70.89% | 加碼 |
| 9 | NFLX | Netflix Inc | +0.6% | +290.00% | 加碼 |
| 10 | META | Meta Platforms Inc-class A | +0.6% | +90.91% | 加碼 |
| 11 | ISRG | Intuitive Surgical Inc | +0.4% | +233.33% | 加碼 |
| 12 | TSLA | Tesla Inc | +0.4% | +117.54% | 加碼 |
| 13 | ADI | Analog Devices Inc | +0.4% | +170.00% | 加碼 |
| 14 | TXN | Texas Instruments Inc | +0.3% | +87.94% | 加碼 |
| 15 | PANW | Palo Alto Networks Inc | +0.3% | +200.00% | 加碼 |
| 16 | DXCM | Dexcom Inc | +0.2% | +89.58% | 加碼 |
| 17 | WPM | Wheaton Precious Metals CORP | +0.2% | -8.92% | 減碼 |
| 18 | LLY | Eli Lilly & Co | +0.2% | +28.00% | 加碼 |
| 19 | INTU | Intuit Inc | +0.2% | +85.71% | 加碼 |
| 20 | GFI | Gold Fields Ltd-spons Adr | +0.2% | -18.52% | 減碼 |
| 21 | REGN | Regeneron Pharmaceuticals | +0.1% | +41.67% | 加碼 |
| 22 | NEM | Newmont CORP | +0.1% | -9.40% | 減碼 |
| 23 | IEMG | Ishares Core Msci Emerging | +0.1% | +38.09% | 加碼 |
| 24 | PYPL | Paypal Holdings Inc | +0.1% | +100.00% | 加碼 |
| 25 | AEM | Agnico Eagle Mines LTD | +0.1% | -16.35% | 減碼 |
| 26 | UNH | Unitedhealth Group Inc | +0.1% | +14.89% | 加碼 |
| 27 | ABX | Barrick Gold CORP | +0.1% | -9.30% | 減碼 |
| 28 | FNV | Franco-nevada CORP | 0% | -14.01% | 減碼 |
| 29 | KLAC | Kla CORP | -0.3% | -35.29% | 減碼 |
| 30 | AMD | Advanced Micro Devices | -0.3% | +7.63% | 加碼 |
| 31 | VRTX | Vertex Pharmaceuticals Inc | -0.3% | -76.32% | 減碼 |
| 32 | MELI | Mercadolibre Inc | -0.3% | -50.00% | 減碼 |
| 33 | AMGN | Amgen Inc | -0.4% | -60.55% | 減碼 |
| 34 | QQQE | Dirx Nasdaq-100eq Wi Etf-usd | -0.5% | — | 不變 |
| 35 | QQQM | Invesco Nasdaq 100 ETF | -0.9% | — | 不變 |
| 36 | IVV | Ishares Core S&p 500 ETF | -12.7% | -41.66% | 減碼 |
| 37 | MRVL | Marvell Technology Inc | — | NEW | 新建倉 |
| 38 | HON | Honeywell International Inc | — | NEW | 新建倉 |
| 39 | APP | Applovin Corp-class A | — | NEW | 新建倉 |
| 40 | PEP | Pepsico Inc | — | NEW | 新建倉 |
| 41 | CEG | Constellation Energy | — | NEW | 新建倉 |
| 42 | CRM | Salesforce Inc | — | NEW | 新建倉 |
| 43 | PLTR | Palantir Technologies Inc-a | — | NEW | 新建倉 |
| 44 | ADP | Automatic Data Processing | — | NEW | 新建倉 |
| 45 | BKNG | Booking Holdings Inc | — | NEW | 新建倉 |
| 46 | DELL | Dell Technologies -c | — | NEW | 新建倉 |
| 47 | SNOW | Snowflake Inc | — | EXIT | 清倉 |
| 48 | MBLY | Mobileye Global Inc-a | — | EXIT | 清倉 |
| 49 | PDD | Pdd Holdings Inc | — | NEW | 新建倉 |
| 50 | HCA | Hca Healthcare Inc | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，PKO Investment Management Joint-Stock Co 在 Q1 2025 季度的美股持倉總市值約為 US$13.8億，共申報了 174 個公開持股部位。
在 Q1 2025 季度，PKO Investment Management Joint-Stock Co 按市值排列的前三大核心持股分別為：IVV (13.0%)、QQQM (4.8%)、MSFT (4.4%)。其中最大持股部位 IVV 佔據整體投資組合約 13.0% 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
MRVL
市值: US$492.6萬
本季最大獲利了結 / 清倉標的
SNOW
前期市值: US$200.7萬
在 Q1 2025 季度中，PKO Investment Management Joint-Stock Co 共進行了 48 項持倉異動，包含新建倉 12 個部位、加碼 23 個部位、減碼 11 個部位以及清倉 2 個部位。 其中最大新建倉標的為 MRVL。 本季清倉部位包含 SNOW。
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。