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: 0002040686
申報總市值
US$133.3億
US$133.3億
3156 檔
18.3%
根據最新整理的 13F 季度數據集，Police & Firemen's Retirement System of New Jersey 於 Q4 2025 結束時的管理資產規模為 US$133.3億。該機構在本季度申報了 3156 檔美股持倉，呈現出該時期的主要投資地圖。
Police & Firemen's Retirement System of New Jersey 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 47 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。
整體而言，Police & Firemen's Retirement System of New Jersey 的前 5 大持股（包含 NVDA, AAPL, MSFT）貢獻了組合市值的 18.3%，形成該機構在 Q4 2025 季度的基本面基石。
僅顯示前 200 大持股（共 3156 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 | NVDA | Nvidia CORP | 股票-科技 | 5.56% | -0.12% | -4.99% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 5.05% | -0.10% | -4.99% | |
| 3 | MSFT | Microsoft CORP | 股票-科技 | 4.57% | -0.49% | -4.99% | |
| 4 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.82% | -0.03% | -5.00% | |
| 5 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 2.31% | +0.16% | -5.16% | |
| 6 | AVGO | Broadcom Inc | 股票-科技 | 2.04% | +0.10% | -4.98% | |
| 7 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 1.90% | +0.10% | -4.75% | |
| 8 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.84% | -0.25% | -4.99% | |
| 9 | TSLA | Tesla Inc | 股票-循環性消費 | 1.62% | — | -4.70% | |
| 10 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 1.18% | -0.11% | -4.96% | |
| 11 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.11% | -0.07% | -7.08% | |
| 12 | LLY | Eli Lilly & Co | 股票-醫療保健 | 1.10% | +0.11% | -5.01% | |
| 13 | V | Visa Inc-class A Shares | 股票-金融 | 0.75% | -0.03% | -6.06% | |
| 14 | XOM | Exxon Mobil CORP | 股票-能源 | 0.65% | -0.30% | -7.33% | |
| 15 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.63% | -0.08% | -4.93% | |
| 16 | WMT | Walmart Inc | 股票-非循環性消費 | 0.62% | -0.15% | -4.97% | |
| 17 | MA | Mastercard Inc - A | 股票-金融 | 0.58% | -0.06% | -6.26% | |
| 18 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.52% | -0.01% | -4.88% | |
| 19 | NFLX | Netflix Inc | 股票-通訊服務 | 0.51% | -0.20% | +849.83% | |
| 20 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 0.49% | -0.13% | -4.91% | |
| 21 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.49% | -0.11% | -5.16% | |
| 22 | BAC | Bank Of America CORP | 股票-金融 | 0.47% | — | -6.29% | |
| 23 | AMD | Advanced Micro Devices | 股票-科技 | 0.44% | +0.63% | -4.93% | |
| 24 | HD | Home Depot Inc | 股票-循環性消費 | 0.44% | -0.03% | -4.93% | |
| 25 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.43% | -0.07% | -4.93% | |
| 26 | ORCL | Oracle CORP | 股票-科技 | 0.42% | -0.05% | -3.46% | |
| 27 | GE | General Electric | 股票-工業 | 0.41% | +0.04% | -5.91% | |
| 28 | MU | Micron Technology Inc | 股票-科技 | 0.41% | +0.96% | -4.74% | |
| 29 | CSCO | Cisco Systems Inc | 股票-科技 | 0.39% | +0.11% | -4.99% | |
| 30 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 0.38% | +0.10% | -4.91% | |
| 31 | WFC | Wells Fargo & Co | 股票-金融 | 0.37% | -0.03% | -7.41% | |
| 32 | CVX | Chevron CORP | 股票-能源 | 0.36% | -0.16% | -7.16% | |
| 33 | IBM | Intl Business Machines CORP | 股票-科技 | 0.35% | — | -4.94% | |
| 34 | KO | Coca-cola Co/the | 股票-非循環性消費 | 0.35% | -0.03% | -4.97% | |
| 35 | CAT | Caterpillar Inc | 股票-工業 | 0.34% | +0.12% | -4.97% | |
| 36 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.34% | -0.03% | -4.90% | |
| 37 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.33% | — | -7.26% | |
| 38 | PM | Philip Morris International | 股票-非循環性消費 | 0.32% | -0.02% | -4.90% | |
| 39 | CRM | Salesforce Inc | 股票-科技 | 0.32% | -0.08% | -4.95% | |
| 40 | RTX | Rtx CORP | 股票-工業 | 0.31% | -0.05% | -4.93% | |
| 41 | TMO | Thermo Fisher Scientific Inc | 股票-醫療保健 | 0.28% | -0.03% | -4.71% | |
| 42 | MCD | Mcdonald's CORP | 股票-循環性消費 | 0.28% | -0.07% | -4.95% | |
| 43 | ABT | Abbott Laboratories | 股票-醫療保健 | 0.28% | -0.05% | -4.82% | |
| 44 | LRCX | Lam Research CORP | 股票-科技 | 0.27% | +0.26% | -6.80% | |
| 45 | ✓ | Royal Bank Of Canada | 股票-其他 | 0.27% | +0.04% | -7.49% | |
| 46 | C | Citigroup Inc | 股票-金融 | 0.26% | +0.01% | -7.78% | |
| 47 | AMAT | Applied Materials Inc | 股票-科技 | 0.26% | +0.28% | -5.09% | |
| 48 | DIS | Walt Disney Co/the | 股票-通訊服務 | 0.26% | -0.03% | -4.87% | |
| 49 | MS | Morgan Stanley | 股票-金融 | 0.26% | +0.02% | -4.91% | |
| 50 | LIN | Linde plc | 股票-原物料 | 0.26% | -0.04% | -4.83% |
| # | 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 | +0.5% | -5.16% | 減碼 |
| 2 | GOOG | Alphabet Inc-cl C | +0.4% | -4.75% | 減碼 |
| 3 | LLY | Eli Lilly & Co | +0.3% | -5.01% | 減碼 |
| 4 | AAPL | Apple Inc | +0.2% | -4.99% | 減碼 |
| 5 | MU | Micron Technology Inc | +0.2% | -4.74% | 減碼 |
| 6 | AMD | Advanced Micro Devices | +0.1% | -4.93% | 減碼 |
| 7 | MRK | Merck & Co. Inc. | +0.1% | -4.90% | 減碼 |
| 8 | SNDK | Sandisk CORP | +0.1% | -4.09% | 減碼 |
| 9 | LITE | Lumentum Holdings Inc | +0.1% | -1.80% | 減碼 |
| 10 | LRCX | Lam Research CORP | +0.1% | -6.80% | 減碼 |
| 11 | AMAT | Applied Materials Inc | +0.1% | -5.09% | 減碼 |
| 12 | CAT | Caterpillar Inc | +0.1% | -4.97% | 減碼 |
| 13 | CIEN | Ciena CORP | +0.1% | -3.96% | 減碼 |
| 14 | JNJ | Johnson & Johnson | +0.1% | -4.93% | 減碼 |
| 15 | ISRG | Intuitive Surgical Inc | 0% | -6.05% | 減碼 |
| 16 | COHR | Coherent CORP | 0% | -3.01% | 減碼 |
| 17 | TSLA | Tesla Inc | — | -4.70% | 減碼 |
| 18 | BRK-B | Berkshire Hathaway Inc-cl B | 0% | -4.96% | 減碼 |
| 19 | MA | Mastercard Inc - A | 0% | -6.26% | 減碼 |
| 20 | ABT | Abbott Laboratories | 0% | -4.82% | 減碼 |
| 21 | JPM | Jpmorgan Chase & Co | 0% | -7.08% | 減碼 |
| 22 | LIN | Linde plc | 0% | -4.83% | 減碼 |
| 23 | PLTR | Palantir Technologies Inc-a | 0% | -4.91% | 減碼 |
| 24 | UNH | Unitedhealth Group Inc | 0% | -4.91% | 減碼 |
| 25 | ETN | Eaton Corporation plc | 0% | -4.53% | 減碼 |
| 26 | CVX | Chevron CORP | 0% | -7.16% | 減碼 |
| 27 | HOOD | Robinhood Markets Inc - A | 0% | -4.46% | 減碼 |
| 28 | COST | Costco Wholesale CORP | 0% | -5.16% | 減碼 |
| 29 | SPOT | Spotify Technology S.A. | 0% | -4.98% | 減碼 |
| 30 | PG | Procter & Gamble Co/the | 0% | -4.93% | 減碼 |
| 31 | FISV | Fiserv Inc | 0% | -4.97% | 減碼 |
| 32 | T | At&t Inc | 0% | -6.18% | 減碼 |
| 33 | UBER | Uber Technologies Inc | -0.1% | -4.81% | 減碼 |
| 34 | NOW | Servicenow Inc | -0.1% | +373.65% | 加碼 |
| 35 | RBLX | Roblox CORP -class A | -0.1% | -4.29% | 減碼 |
| 36 | MSTR | Strategy Inc | -0.1% | -4.25% | 減碼 |
| 37 | HD | Home Depot Inc | -0.1% | -4.93% | 減碼 |
| 38 | NVDA | Nvidia CORP | -0.1% | -4.99% | 減碼 |
| 39 | NFLX | Netflix Inc | -0.2% | +849.83% | 加碼 |
| 40 | ORCL | Oracle CORP | -0.2% | -3.46% | 減碼 |
| 41 | META | Meta Platforms Inc-class A | -0.2% | -4.99% | 減碼 |
| 42 | MSFT | Microsoft CORP | -0.4% | -4.99% | 減碼 |
| 43 | CNYA | Ishares Msci China A ETF | — | EXIT | 清倉 |
| 44 | MUB | Ishares National Muni Bond E | — | EXIT | 清倉 |
| 45 | ✓ | Totalenergies Se | — | NEW | 新建倉 |
| 46 | LHX | L3harris Technologies Inc | — | EXIT | 清倉 |
| 47 | ASHR | Xtrackers Harvest Csi 300 Ch | — | EXIT | 清倉 |
| 48 | 07WA | Mr Cooper Group Inc | — | EXIT | 清倉 |
| 49 | IPG | Interpublic Group Of Cos Inc | — | EXIT | 清倉 |
| 50 | QGEN | Qiagen N.V. | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Police & Firemen's Retirement System of New Jersey 在 Q4 2025 季度的美股持倉總市值約為 US$133.3億，共申報了 3156 個公開持股部位。
在 Q4 2025 季度，Police & Firemen's Retirement System of New Jersey 按市值排列的前三大核心持股分別為：NVDA (5.6%)、AAPL (5.0%)、MSFT (4.6%)。其中最大持股部位 NVDA 佔據整體投資組合約 5.6% 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
TOTALENERGIES SE
市值: US$1742.9萬
本季最大獲利了結 / 清倉標的
CNYA
前期市值: US$3805.0萬
在 Q4 2025 季度中，Police & Firemen's Retirement System of New Jersey 共進行了 50 項持倉異動，包含新建倉 1 個部位、加碼 2 個部位、減碼 40 個部位以及清倉 7 個部位。 其中最大新建倉標的為 TOTALENERGIES SE。 本季清倉部位包含 CNYA。
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。