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: 0001396318
申報總市值
US$386.7億
US$386.7億
1231 檔
11.6%
Public Sector Pension Investment Board 在 Q2 2025 季度的美股部位總計估值為 US$386.7億，分散於 1231 個持倉標的之中，反映其市場參與廣度與投資規模。
從 Q2 2025 申報觀察，Public Sector Pension Investment Board 採取防禦導向的調倉策略，本季減碼 104 檔個股並出清 9 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 MSFT, NVDA, AAPL）累計市值佔比達 11.6%，是驅動 Public Sector Pension Investment Board 該季度整體投資組合績效表現的核心支柱。
僅顯示前 200 大持股（共 1231 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 | MSFT | Microsoft CORP | 股票-科技 | 5.86% | -1.90% | -19.65% | |
| 2 | NVDA | Nvidia CORP | 股票-科技 | 4.82% | -0.23% | -24.52% | |
| 3 | AAPL | Apple Inc | 股票-科技 | 3.92% | -0.06% | -16.59% | |
| 4 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.33% | -0.45% | -28.29% | |
| 5 | AVGO | Broadcom Inc | 股票-科技 | 2.26% | +0.09% | -9.63% | |
| 6 | CM | Can Imperial Bk Of Commerce | 股票-金融 | 2.15% | -0.10% | +51.81% | |
| 7 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 2.06% | -0.25% | -35.20% | |
| 8 | TSAT | Telesat CORP | 股票-其他 | 1.89% | +0.33% | — | |
| 9 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 1.56% | -0.05% | -24.14% | |
| 10 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.37% | +0.05% | -0.07% | |
| 11 | RY | Royal Bank Of Canada | 股票-金融 | 1.09% | +0.41% | +1318.78% | |
| 12 | BMO | Bank Of Montreal | 股票-金融 | 1.02% | +0.07% | +2986.15% | |
| 13 | KO | Coca-cola Co/the | 股票-非循環性消費 | 1.02% | -0.33% | +12.51% | |
| 14 | V | Visa Inc-class A Shares | 股票-金融 | 0.96% | +0.04% | -14.37% | |
| 15 | ES | Eversource Energy | 股票-公用事業 | 0.92% | — | -0.66% | |
| 16 | TSLA | Tesla Inc | 股票-循環性消費 | 0.92% | -0.03% | -19.64% | |
| 17 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.90% | -0.31% | -17.34% | |
| 18 | TD | Toronto-dominion Bank | 股票-金融 | 0.83% | +0.16% | +1477.68% | |
| 19 | LIN | Linde plc | 股票-原物料 | 0.82% | -0.03% | -10.23% | |
| 20 | PH | Parker Hannifin CORP | 股票-工業 | 0.82% | -0.03% | +32.58% | |
| 21 | UNP | Union Pacific CORP | 股票-工業 | 0.76% | -0.05% | +0.71% | |
| 22 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.75% | -0.05% | -24.96% | |
| 23 | ORCL | Oracle CORP | 股票-科技 | 0.74% | -0.02% | -7.82% | |
| 24 | CRM | Salesforce Inc | 股票-科技 | 0.74% | -0.12% | -13.76% | |
| 25 | MA | Mastercard Inc - A | 股票-金融 | 0.74% | -0.13% | -38.96% | |
| 26 | WMT | Walmart Inc | 股票-非循環性消費 | 0.73% | -0.06% | -21.03% | |
| 27 | TMUS | T-mobile US Inc | 股票-通訊服務 | 0.71% | -0.19% | +64.00% | |
| 28 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.71% | -0.09% | -2.79% | |
| 29 | NFLX | Netflix Inc | 股票-通訊服務 | 0.70% | -0.13% | +2.47% | |
| 30 | BAC | Bank Of America CORP | 股票-金融 | 0.66% | +0.20% | -9.06% | |
| 31 | ETN | Eaton Corporation plc | 股票-工業 | 0.60% | -0.05% | -5.76% | |
| 32 | NOW | Servicenow Inc | 股票-科技 | 0.58% | -0.01% | -18.85% | |
| 33 | ABT | Abbott Laboratories | 股票-醫療保健 | 0.57% | -0.12% | +4.25% | |
| 34 | TRP | Tc Energy CORP | 股票-能源 | 0.56% | +0.01% | +2573.30% | |
| 35 | GWW | Ww Grainger Inc | 股票-工業 | 0.55% | +0.11% | +13.20% | |
| 36 | WFC | Wells Fargo & Co | 股票-金融 | 0.54% | -0.04% | -11.72% | |
| 37 | FISV | Fiserv Inc | 股票-其他 | 0.53% | -0.01% | +23.90% | |
| 38 | ADI | Analog Devices Inc | 股票-科技 | 0.51% | -0.07% | +56.49% | |
| 39 | AZO | Autozone Inc | 股票-循環性消費 | 0.50% | -0.09% | +1279.69% | |
| 40 | XOM | Exxon Mobil CORP | 股票-能源 | 0.50% | -0.31% | -26.26% | |
| 41 | KLAC | Kla CORP | 股票-科技 | 0.50% | +0.70% | -12.21% | |
| 42 | C | Citigroup Inc | 股票-金融 | 0.49% | -0.04% | +65.28% | |
| 43 | ARMK | Aramark | 股票-工業 | 0.48% | — | — | |
| 44 | TJX | Tjx Companies Inc | 股票-循環性消費 | 0.47% | -0.13% | -7.09% | |
| 45 | LOW | Lowe's Cos Inc | 股票-循環性消費 | 0.43% | -0.02% | -7.02% | |
| 46 | BSX | Boston Scientific CORP | 股票-醫療保健 | 0.42% | -0.10% | +13.11% | |
| 47 | UBER | Uber Technologies Inc | 股票-工業 | 0.39% | -0.01% | -11.09% | |
| 48 | MCK | Mckesson CORP | 股票-醫療保健 | 0.39% | -0.15% | +18.37% | |
| 49 | SYK | Stryker CORP | 股票-醫療保健 | 0.39% | -0.01% | +16.65% | |
| 50 | UBS | UBS Group AG | 股票-金融 | 0.38% | +0.06% | -0.45% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | CM | Can Imperial Bk Of Commerce | +1% | +51.81% | 加碼 |
| 2 | RY | Royal Bank Of Canada | +1% | +1318.78% | 加碼 |
| 3 | BMO | Bank Of Montreal | +1% | +2986.15% | 加碼 |
| 4 | TD | Toronto-dominion Bank | +0.8% | +1477.68% | 加碼 |
| 5 | AVGO | Broadcom Inc | +0.7% | -9.63% | 減碼 |
| 6 | TRP | Tc Energy CORP | +0.5% | +2573.30% | 加碼 |
| 7 | AZO | Autozone Inc | +0.5% | +1279.69% | 加碼 |
| 8 | TSAT | Telesat CORP | +0.4% | — | 不變 |
| 9 | NVDA | Nvidia CORP | +0.4% | -24.52% | 減碼 |
| 10 | BNS | Bank Of Nova Scotia | +0.3% | +1073.14% | 加碼 |
| 11 | MSFT | Microsoft CORP | +0.3% | -19.65% | 減碼 |
| 12 | PH | Parker Hannifin CORP | +0.3% | +32.58% | 加碼 |
| 13 | C | Citigroup Inc | +0.2% | +65.28% | 加碼 |
| 14 | ADI | Analog Devices Inc | +0.2% | +56.49% | 加碼 |
| 15 | SLF | Sun Life Financial Inc | +0.2% | +1441.56% | 加碼 |
| 16 | ORCL | Oracle CORP | +0.2% | -7.82% | 減碼 |
| 17 | TMUS | T-mobile US Inc | +0.2% | +64.00% | 加碼 |
| 18 | NFLX | Netflix Inc | +0.2% | +2.47% | 加碼 |
| 19 | JPM | Jpmorgan Chase & Co | +0.2% | -0.07% | 減碼 |
| 20 | GS | Goldman Sachs Group Inc | +0.2% | +42.34% | 加碼 |
| 21 | MFC | Manulife Financial CORP | +0.2% | +660.91% | 加碼 |
| 22 | SNOW | Snowflake Inc | +0.1% | NEW | 新建倉 |
| 23 | ENPH | Enphase Energy Inc | +0.1% | +2322.87% | 加碼 |
| 24 | ETN | Eaton Corporation plc | +0.1% | -5.76% | 減碼 |
| 25 | APP | Applovin Corp-class A | +0.1% | NEW | 新建倉 |
| 26 | STRL | Sterling Infrastructure Inc | +0.1% | NEW | 新建倉 |
| 27 | NTR | Nutrien LTD | +0.1% | +845.15% | 加碼 |
| 28 | NXPI | NXP Semiconductors N.V. | +0.1% | +250.44% | 加碼 |
| 29 | MU | Micron Technology Inc | +0.1% | +76.14% | 加碼 |
| 30 | APH | Amphenol Corp-cl A | +0.1% | +87.01% | 加碼 |
| 31 | KO | Coca-cola Co/the | +0.1% | +12.51% | 加碼 |
| 32 | HLT | Hilton Worldwide Holdings In | +0.1% | +18.53% | 加碼 |
| 33 | LMT | Lockheed Martin CORP | +0.1% | +39.33% | 加碼 |
| 34 | MPWR | Monolithic Power Systems Inc | +0.1% | +367.27% | 加碼 |
| 35 | GWW | Ww Grainger Inc | +0.1% | +13.20% | 加碼 |
| 36 | ALAB | Astera Labs Inc | +0.1% | +196.00% | 加碼 |
| 37 | MCK | Mckesson CORP | +0.1% | +18.37% | 加碼 |
| 38 | ARMK | Aramark | +0.1% | — | 不變 |
| 39 | IJR | Ishares Core S&p Small-cap E | +0.1% | +156.40% | 加碼 |
| 40 | RAL | Ralliant CORP | +0.1% | NEW | 新建倉 |
| 41 | KEL | Kellanova | +0.1% | +657.82% | 加碼 |
| 42 | SYK | Stryker CORP | +0.1% | +16.65% | 加碼 |
| 43 | AVAV | Aerovironment Inc | +0.1% | +8.17% | 加碼 |
| 44 | BSX | Boston Scientific CORP | +0.1% | +13.11% | 加碼 |
| 45 | SPOT | Spotify Technology S.A. | +0.1% | -0.26% | 減碼 |
| 46 | INTC | Intel CORP | +0.1% | +39.51% | 加碼 |
| 47 | GEV | GE Vernova Inc | +0.1% | +37.51% | 加碼 |
| 48 | KLAC | Kla CORP | +0.1% | -12.21% | 減碼 |
| 49 | AZEK | Azek Co Inc/the | +0.1% | NEW | 新建倉 |
| 50 | DKS | Dick's Sporting Goods Inc | +0.1% | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Public Sector Pension Investment Board 在 Q2 2025 季度的美股持倉總市值約為 US$386.7億，共申報了 1231 個公開持股部位。
在 Q2 2025 季度，Public Sector Pension Investment Board 按市值排列的前三大核心持股分別為：MSFT (5.9%)、NVDA (4.8%)、AAPL (3.9%)。其中最大持股部位 MSFT 佔據整體投資組合約 5.9% 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
SNOW
市值: US$3331.9萬
本季最大獲利了結 / 清倉標的
TSM
前期市值: US$6307.2萬
在 Q2 2025 季度中，Public Sector Pension Investment Board 共進行了 196 項持倉異動，包含新建倉 11 個部位、加碼 72 個部位、減碼 104 個部位以及清倉 9 個部位。 其中最大新建倉標的為 SNOW。 本季清倉部位包含 TSM。
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。