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: 0000200648
申報總市值
US$9.9億
US$9.9億
308 檔
11.8%
在 Q2 2025 的 13F 官方備案中，Romano Brothers And Company 管理的美股投資組合規模來到 US$9.9億，整體持股檔數為 308 檔。
數據顯示 Romano Brothers And Company 於 Q2 2025 季度持續回收資金，對 34 個既有部位進行裁減並清倉 0 個標的，組合整體流動性比重有所上升。
在資產配置集中度方面，Romano Brothers And Company 的前 5 大核心持股（包含 AVGO, VOO, ABBV 等）合計佔整體申報市值的 11.8%，反映機構在主要關鍵部位上的權重分佈。
僅顯示前 200 大持股（共 308 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 | AVGO | Broadcom Inc | 股票-科技 | 3.16% | +0.10% | -5.97% | |
| 2 | VOO | Vanguard S&p 500 ETF | ETF-大型股與成長 | 3.15% | +0.05% | +1.02% | |
| 3 | ABBV | Abbvie Inc | 股票-醫療保健 | 2.91% | +0.01% | -2.45% | |
| 4 | AAPL | Apple Inc | 股票-科技 | 2.65% | -0.02% | -2.43% | |
| 5 | CACI | Caci International Inc -cl A | 股票-科技 | 2.65% | -0.69% | -2.77% | |
| 6 | VIG | Vanguard Dividend Apprec ETF | ETF-其他 | 2.49% | -0.06% | +2.69% | |
| 7 | MSFT | Microsoft CORP | 股票-科技 | 2.48% | -0.19% | -2.42% | |
| 8 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 2.35% | +0.03% | -0.31% | |
| 9 | ITOT | Ishares Core S&p Total U.s. | ETF-其他 | 2.16% | +0.02% | +3.49% | |
| 10 | VUG | Vanguard Growth ETF | ETF-其他 | 2.15% | +0.10% | +2.99% | |
| 11 | FISV | Fiserv Inc | 股票-其他 | 1.43% | -0.13% | -8.27% | |
| 12 | ORCL | Oracle CORP | 股票-科技 | 1.35% | -0.08% | -2.96% | |
| 13 | VYM | Vanguard High Dvd Yield ETF | ETF-其他 | 1.31% | -0.10% | -1.12% | |
| 14 | CSCO | Cisco Systems Inc | 股票-科技 | 1.31% | +0.43% | -0.40% | |
| 15 | IBM | Intl Business Machines CORP | 股票-科技 | 1.24% | — | -5.57% | |
| 16 | NVDA | Nvidia CORP | 股票-科技 | 1.16% | +0.08% | -2.86% | |
| 17 | DUK | Duke Energy CORP | 股票-公用事業 | 1.14% | -0.19% | -1.79% | |
| 18 | ABT | Abbott Laboratories | 股票-醫療保健 | 1.13% | -0.18% | -0.70% | |
| 19 | AMZN | Amazon.com Inc | 股票-循環性消費 | 1.12% | +0.02% | +0.24% | |
| 20 | RTX | Rtx CORP | 股票-工業 | 1.12% | -0.18% | -2.86% | |
| 21 | CHKP | Check Point Software Technologies Ltd. | 股票-科技 | 1.07% | -0.13% | -2.99% | |
| 22 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 1.04% | +0.11% | +0.59% | |
| 23 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.00% | -0.02% | -0.60% | |
| 24 | VTI | Vanguard Total Stock Mkt ETF | ETF-其他 | 0.94% | -0.01% | +0.30% | |
| 25 | FDX | Fedex CORP | 股票-工業 | 0.93% | -0.30% | -5.31% | |
| 26 | ARCC | Ares Capital CORP | 股票-金融 | 0.93% | -0.07% | -3.58% | |
| 27 | DLR | Digital Realty Trust Inc | 股票-房地產 | 0.86% | -0.10% | -0.70% | |
| 28 | CAT | Caterpillar Inc | 股票-工業 | 0.82% | +0.35% | -1.21% | |
| 29 | OHI | Omega Healthcare Investors | 股票-房地產 | 0.76% | -0.04% | +0.01% | |
| 30 | ETN | Eaton Corporation plc | 股票-工業 | 0.75% | +0.04% | +1.36% | |
| 31 | AIT | Applied Industrial Tech Inc | 股票-工業 | 0.75% | +0.09% | -1.16% | |
| 32 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 0.74% | +0.10% | -0.32% | |
| 33 | UPS | United Parcel Service-cl B | 股票-工業 | 0.73% | -0.03% | -2.74% | |
| 34 | BMO | Bank Of Montreal | 股票-金融 | 0.70% | +0.11% | -0.87% | |
| 35 | AMGN | Amgen Inc | 股票-醫療保健 | 0.70% | -0.08% | +0.08% | |
| 36 | HON | Honeywell International Inc | 股票-工業 | 0.70% | -0.60% | EXIT | |
| 37 | IJR | Ishares Core S&p Small-cap E | ETF-中小型股 | 0.69% | +0.04% | -4.46% | |
| 38 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.68% | -0.11% | -0.71% | |
| 39 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.67% | -0.08% | -2.26% | |
| 40 | ULTA | Ulta Beauty Inc | 股票-循環性消費 | 0.67% | -0.16% | -3.09% | |
| 41 | QCOM | Qualcomm Inc | 股票-科技 | 0.65% | +0.12% | -5.38% | |
| 42 | WM | Waste Management Inc | 股票-工業 | 0.65% | -0.11% | +3.98% | |
| 43 | T | At&t Inc | 股票-通訊服務 | 0.65% | -0.23% | -4.94% | |
| 44 | VZ | Verizon Communications Inc | 股票-通訊服務 | 0.65% | -0.18% | -2.81% | |
| 45 | ITW | Illinois Tool Works | 股票-工業 | 0.63% | -0.05% | -0.77% | |
| 46 | CVS | Cvs Health CORP | 股票-醫療保健 | 0.63% | +0.16% | -2.52% | |
| 47 | AJG | Arthur J Gallagher & Co | 股票-金融 | 0.62% | -0.02% | -1.65% | |
| 48 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.58% | +0.07% | -0.30% | |
| 49 | PEP | Pepsico Inc | 股票-非循環性消費 | 0.58% | -0.15% | -3.11% | |
| 50 | APD | Air Products & Chemicals Inc | 股票-原物料 | 0.57% | -0.07% | -5.35% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | AVGO | Broadcom Inc | +1% | -5.97% | 減碼 |
| 2 | MSFT | Microsoft CORP | +0.5% | -2.42% | 減碼 |
| 3 | CACI | Caci International Inc -cl A | +0.5% | -2.77% | 減碼 |
| 4 | ORCL | Oracle CORP | +0.4% | -2.96% | 減碼 |
| 5 | VUG | Vanguard Growth ETF | +0.3% | +2.99% | 加碼 |
| 6 | NVDA | Nvidia CORP | +0.3% | -2.86% | 減碼 |
| 7 | VOO | Vanguard S&p 500 ETF | +0.2% | +1.02% | 加碼 |
| 8 | ITOT | Ishares Core S&p Total U.s. | +0.2% | +3.49% | 加碼 |
| 9 | ETN | Eaton Corporation plc | +0.2% | +1.36% | 加碼 |
| 10 | SPY | Ss Spdr S&p 500 ETF Trust-us | +0.1% | -0.31% | 減碼 |
| 11 | DLR | Digital Realty Trust Inc | +0.1% | -0.70% | 減碼 |
| 12 | STX | Seagate Technology Holdings plc | +0.1% | -10.05% | 減碼 |
| 13 | ASML | ASML Holding N.V. | +0.1% | +279.04% | 加碼 |
| 14 | AMZN | Amazon.com Inc | +0.1% | +0.24% | 加碼 |
| 15 | JPM | Jpmorgan Chase & Co | +0.1% | -0.60% | 減碼 |
| 16 | ULTA | Ulta Beauty Inc | +0.1% | -3.09% | 減碼 |
| 17 | VIG | Vanguard Dividend Apprec ETF | +0.1% | +2.69% | 加碼 |
| 18 | CSCO | Cisco Systems Inc | +0.1% | -0.40% | 減碼 |
| 19 | CAT | Caterpillar Inc | +0.1% | -1.21% | 減碼 |
| 20 | IBM | Intl Business Machines CORP | +0.1% | -5.57% | 減碼 |
| 21 | GOOG | Alphabet Inc-cl C | +0.1% | +0.59% | 加碼 |
| 22 | META | Meta Platforms Inc-class A | +0.1% | +7.39% | 加碼 |
| 23 | LRCX | Lam Research CORP | +0.1% | — | 不變 |
| 24 | COF | Capital One Financial CORP | +0.1% | +127.19% | 加碼 |
| 25 | BMO | Bank Of Montreal | +0.1% | -0.87% | 減碼 |
| 26 | GOOGL | Alphabet Inc-cl A | +0.1% | -0.32% | 減碼 |
| 27 | AMAT | Applied Materials Inc | +0.1% | -1.09% | 減碼 |
| 28 | TT | Trane Technologies plc | +0.1% | +1.84% | 加碼 |
| 29 | NOW | Servicenow Inc | +0.1% | +0.71% | 加碼 |
| 30 | VTI | Vanguard Total Stock Mkt ETF | +0.1% | +0.30% | 加碼 |
| 31 | LHX | L3harris Technologies Inc | +0.1% | -3.13% | 減碼 |
| 32 | NFLX | Netflix Inc | +0.1% | -7.62% | 減碼 |
| 33 | RTX | Rtx CORP | 0% | -2.86% | 減碼 |
| 34 | SEM | Select Medical Holdings CORP | -0.1% | -52.23% | 減碼 |
| 35 | MRK | Merck & Co. Inc. | -0.1% | -8.95% | 減碼 |
| 36 | CB | Chubb Limited | -0.1% | -9.16% | 減碼 |
| 37 | BDX | Becton Dickinson And Co | -0.1% | -0.53% | 減碼 |
| 38 | GPN | Global Payments Inc | -0.1% | +4.76% | 加碼 |
| 39 | AMGN | Amgen Inc | -0.1% | +0.08% | 加碼 |
| 40 | JNJ | Johnson & Johnson | -0.1% | -2.26% | 減碼 |
| 41 | UPS | United Parcel Service-cl B | -0.1% | -2.74% | 減碼 |
| 42 | CHKP | Check Point Software Technologies Ltd. | -0.1% | -2.99% | 減碼 |
| 43 | PEP | Pepsico Inc | -0.1% | -3.11% | 減碼 |
| 44 | ICLR | ICON Public Limited Company | -0.1% | -8.72% | 減碼 |
| 45 | BMY | Bristol-myers Squibb Co | -0.2% | -2.48% | 減碼 |
| 46 | UNH | Unitedhealth Group Inc | -0.2% | -36.98% | 減碼 |
| 47 | FDX | Fedex CORP | -0.2% | -5.31% | 減碼 |
| 48 | AAPL | Apple Inc | -0.4% | -2.43% | 減碼 |
| 49 | ABBV | Abbvie Inc | -0.6% | -2.45% | 減碼 |
| 50 | FISV | Fiserv Inc | -0.7% | -8.27% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Romano Brothers And Company 在 Q2 2025 季度的美股持倉總市值約為 US$9.9億，共申報了 308 個公開持股部位。
在 Q2 2025 季度，Romano Brothers And Company 按市值排列的前三大核心持股分別為：AVGO (3.2%)、VOO (3.1%)、ABBV (2.9%)。其中最大持股部位 AVGO 佔據整體投資組合約 3.2% 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。
本季最大獲利了結 / 清倉標的
ABBV
前期市值: US$2722.3萬
在 Q2 2025 季度中，Romano Brothers And Company 共進行了 49 項持倉異動，包含新建倉 0 個部位、加碼 15 個部位、減碼 34 個部位以及清倉 0 個部位。
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。