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: 0000884423
申報總市值
US$40.3億
US$40.3億
1214 檔
29.9%
Salem Investment Counselors Inc 在 Q3 2025 季度的美股部位總計估值為 US$40.3億，分散於 1214 個持倉標的之中，反映其市場參與廣度與投資規模。
觀察 Q3 2025 的資金脈絡，Salem Investment Counselors Inc 在獲利結算 3 檔個股的同時，將資本重新部署至 1 檔新選標的，展現主動管理機構的輪動節奏。
從部位權重觀察，前 5 大標的（包含 LOW, NVDA, AAPL）累計市值佔比達 29.9%，是驅動 Salem Investment Counselors Inc 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 1214 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 | LOW | Lowe's Cos Inc | 股票-循環性消費 | 10.02% | -2.04% | -0.34% | |
| 2 | NVDA | Nvidia CORP | 股票-科技 | 7.79% | -0.31% | -1.04% | |
| 3 | AAPL | Apple Inc | 股票-科技 | 7.11% | -0.41% | +0.03% | |
| 4 | MSFT | Microsoft CORP | 股票-科技 | 5.91% | -0.57% | +0.00% | |
| 5 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 3.74% | -0.89% | -12.31% | |
| 6 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 3.49% | +0.15% | +0.27% | |
| 7 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 3.35% | -0.42% | -1.95% | |
| 8 | AMZN | Amazon.com Inc | 股票-循環性消費 | 3.02% | -0.09% | -0.18% | |
| 9 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 2.49% | -0.26% | -0.42% | |
| 10 | JPM | Jpmorgan Chase & Co | 股票-金融 | 2.06% | -0.11% | +0.30% | |
| 11 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 1.92% | +0.09% | -0.49% | |
| 12 | LLY | Eli Lilly & Co | 股票-醫療保健 | 1.75% | +0.23% | +11.54% | |
| 13 | BAC | Bank Of America CORP | 股票-金融 | 1.68% | -0.03% | +0.30% | |
| 14 | GRBK | Green Brick Partners Inc | 股票-其他 | 1.37% | +0.07% | -0.18% | |
| 15 | AMD | Advanced Micro Devices | 股票-科技 | 1.23% | +2.19% | +1.17% | |
| 16 | PEP | Pepsico Inc | 股票-非循環性消費 | 1.14% | -0.34% | +0.00% | |
| 17 | RTX | Rtx CORP | 股票-工業 | 1.07% | -0.22% | +0.16% | |
| 18 | MU | Micron Technology Inc | 股票-科技 | 1.05% | +3.06% | -0.63% | |
| 19 | ALAB | Astera Labs Inc | 股票-科技 | 1.03% | +1.55% | +4.48% | |
| 20 | WMT | Walmart Inc | 股票-非循環性消費 | 0.99% | -0.31% | -0.39% | |
| 21 | NU | Nu Holdings Ltd. | 股票-金融 | 0.98% | -0.19% | -6.26% | |
| 22 | LEN | Lennar Corp-a | 股票-循環性消費 | 0.96% | -0.09% | +0.58% | |
| 23 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.95% | -0.16% | -0.18% | |
| 24 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.88% | -0.01% | +0.99% | |
| 25 | ISRG | Intuitive Surgical Inc | 股票-醫療保健 | 0.78% | -0.22% | +3.05% | |
| 26 | V | Visa Inc-class A Shares | 股票-金融 | 0.77% | -0.02% | +0.06% | |
| 27 | SCHX | Schwab US Large-cap ETF | ETF-其他 | 0.71% | -0.01% | +1.12% | |
| 28 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 0.71% | +0.12% | -1.92% | |
| 29 | CAT | Caterpillar Inc | 股票-工業 | 0.70% | +0.27% | +1.32% | |
| 30 | SW | Smurfit Westrock Plc | 股票-循環性消費 | 0.68% | -0.03% | -0.17% | |
| 31 | MGK | Vanguard Mega Cap Growth ETF | ETF-其他 | 0.64% | +0.01% | -0.80% | |
| 32 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.62% | -0.15% | +2.83% | |
| 33 | VO | Vanguard Mid-cap ETF | ETF-其他 | 0.59% | -0.03% | -0.59% | |
| 34 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 0.57% | -0.03% | +1.16% | |
| 35 | ACN | Accenture plc | 股票-科技 | 0.55% | -0.21% | +0.05% | |
| 36 | BSX | Boston Scientific CORP | 股票-醫療保健 | 0.55% | -0.17% | +1.50% | |
| 37 | VB | Vanguard Small-cap ETF | ETF-其他 | 0.54% | -0.02% | +0.40% | |
| 38 | QCOM | Qualcomm Inc | 股票-科技 | 0.54% | +0.10% | +1.00% | |
| 39 | SCHM | Schwab US Mid Cap ETF | ETF-其他 | 0.54% | — | +1.00% | |
| 40 | CSCO | Cisco Systems Inc | 股票-科技 | 0.53% | +0.17% | -0.64% | |
| 41 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.46% | -0.07% | -1.58% | |
| 42 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.46% | -0.06% | -6.10% | |
| 43 | MCD | Mcdonald's CORP | 股票-循環性消費 | 0.46% | -0.12% | +0.27% | |
| 44 | HIMS | Hims & Hers Health Inc | 股票-醫療保健 | 0.43% | — | +0.24% | |
| 45 | UI | Ubiquiti Inc | 股票-科技 | 0.38% | -0.19% | -2.09% | |
| 46 | TFC | Truist Financial CORP | 股票-金融 | 0.36% | -0.18% | -1.75% | |
| 47 | GEHC | GE Healthcare Technology | 股票-醫療保健 | 0.35% | -0.10% | +31.14% | |
| 48 | ETN | Eaton Corporation plc | 股票-工業 | 0.34% | +0.01% | +3.82% | |
| 49 | BCPC | Balchem CORP | 股票-原物料 | 0.33% | -0.06% | — | |
| 50 | ABT | Abbott Laboratories | 股票-醫療保健 | 0.31% | -0.07% | -1.82% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | +2.1% | -1.04% | 減碼 |
| 2 | PLTR | Palantir Technologies Inc-a | +1% | -12.31% | 減碼 |
| 3 | GOOG | Alphabet Inc-cl C | +0.8% | +0.27% | 加碼 |
| 4 | MSFT | Microsoft CORP | +0.7% | +0.00% | 減碼 |
| 5 | GOOGL | Alphabet Inc-cl A | +0.4% | -0.49% | 減碼 |
| 6 | MU | Micron Technology Inc | +0.4% | -0.63% | 減碼 |
| 7 | AMD | Advanced Micro Devices | +0.3% | +1.17% | 加碼 |
| 8 | ETN | Eaton Corporation plc | +0.3% | +3.82% | 加碼 |
| 9 | CAT | Caterpillar Inc | +0.2% | +1.32% | 加碼 |
| 10 | TSM | Taiwan Semiconductor-sp Adr | +0.2% | -1.92% | 減碼 |
| 11 | COF | Capital One Financial CORP | +0.2% | -0.05% | 加碼 |
| 12 | MRVL | Marvell Technology Inc | +0.2% | +167.58% | 加碼 |
| 13 | NU | Nu Holdings Ltd. | +0.2% | -6.26% | 減碼 |
| 14 | HIMS | Hims & Hers Health Inc | +0.2% | +0.24% | 減碼 |
| 15 | UI | Ubiquiti Inc | +0.2% | -2.09% | 減碼 |
| 16 | AVGO | Broadcom Inc | +0.1% | +0.61% | 加碼 |
| 17 | JPM | Jpmorgan Chase & Co | +0.1% | +0.30% | 加碼 |
| 18 | ORCL | Oracle CORP | +0.1% | -0.02% | 加碼 |
| 19 | IBIT | Ishares Bitcoin Trust ETF | +0.1% | +3.24% | 加碼 |
| 20 | ✓ | Cyberark Software LTD. Cmn | +0.1% | -3.69% | 加碼 |
| 21 | NBIS | Nebius Group N.V. | +0.1% | +2272.69% | 加碼 |
| 22 | TROW | T Rowe Price Group Inc | +0.1% | +0.43% | 加碼 |
| 23 | CPNG | Coupang Inc | +0.1% | +4.08% | 加碼 |
| 24 | META | Meta Platforms Inc-class A | +0.1% | -1.95% | 減碼 |
| 25 | RTX | Rtx CORP | +0.1% | +0.16% | 加碼 |
| 26 | BAC | Bank Of America CORP | 0% | +0.30% | 加碼 |
| 27 | MGK | Vanguard Mega Cap Growth ETF | 0% | -0.80% | 減碼 |
| 28 | GRBK | Green Brick Partners Inc | 0% | -0.18% | 減碼 |
| 29 | SCHX | Schwab US Large-cap ETF | — | +1.12% | 加碼 |
| 30 | SPY | Ss Spdr S&p 500 ETF Trust-us | — | +1.16% | 加碼 |
| 31 | VB | Vanguard Small-cap ETF | 0% | +0.40% | 加碼 |
| 32 | VO | Vanguard Mid-cap ETF | 0% | -0.59% | 加碼 |
| 33 | WMT | Walmart Inc | -0.1% | -0.39% | 減碼 |
| 34 | ABBV | Abbvie Inc | -0.1% | +0.99% | 加碼 |
| 35 | JNJ | Johnson & Johnson | -0.1% | -0.18% | 減碼 |
| 36 | FLO | Flowers Foods Inc | -0.1% | -61.37% | 減碼 |
| 37 | LEN | Lennar Corp-a | -0.1% | +0.58% | 減碼 |
| 38 | AMZN | Amazon.com Inc | -0.2% | -0.18% | 減碼 |
| 39 | PG | Procter & Gamble Co/the | -0.2% | -6.10% | 減碼 |
| 40 | ACN | Accenture plc | -0.3% | +0.05% | 加碼 |
| 41 | MRK | Merck & Co. Inc. | -0.4% | -1.58% | 減碼 |
| 42 | PEP | Pepsico Inc | -0.4% | +0.00% | 減碼 |
| 43 | AAPL | Apple Inc | -0.5% | +0.03% | 減碼 |
| 44 | UNH | Unitedhealth Group Inc | -0.6% | -40.07% | 減碼 |
| 45 | BRK-B | Berkshire Hathaway Inc-cl B | -0.8% | -0.42% | 減碼 |
| 46 | LOW | Lowe's Cos Inc | -1.3% | -0.34% | 減碼 |
| 47 | ALAB | Astera Labs Inc | — | NEW | 新建倉 |
| 48 | MMM | 3m Co | — | EXIT | 清倉 |
| 49 | DFSEUR | Discover Financial Services | — | EXIT | 清倉 |
| 50 | KLG | Wk Kellogg Co | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Salem Investment Counselors Inc 在 Q3 2025 季度的美股持倉總市值約為 US$40.3億，共申報了 1214 個公開持股部位。
在 Q3 2025 季度，Salem Investment Counselors Inc 按市值排列的前三大核心持股分別為：LOW (10.0%)、NVDA (7.8%)、AAPL (7.1%)。其中最大持股部位 LOW 佔據整體投資組合約 10.0% 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
ALAB
市值: US$3597.4萬
本季最大獲利了結 / 清倉標的
MMM
前期市值: US$973.0萬
在 Q3 2025 季度中，Salem Investment Counselors Inc 共進行了 50 項持倉異動，包含新建倉 1 個部位、加碼 22 個部位、減碼 24 個部位以及清倉 3 個部位。 其中最大新建倉標的為 ALAB。 本季清倉部位包含 MMM。
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。