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: 0001851815
申報總市值
US$44.0億
US$44.0億
4015 檔
26.4%
根據最新整理的 13F 季度數據集，SBI Securities Co., Ltd. 於 Q4 2025 結束時的管理資產規模為 US$44.0億。該機構在本季度申報了 4015 檔美股持倉，呈現出該時期的主要投資地圖。
SBI Securities Co., Ltd. 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 32 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。
檢視投資組合結構，前 5 大主力部位（包含 NVDA, VOO, VTI）占據了總市值的 26.4%，展現出該機構在 Q4 2025 的重點資金聚焦與風險分佈特徵。
僅顯示前 200 大持股（共 4015 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 | 12.34% | -0.99% | -1.96% | |
| 2 | VOO | Vanguard S&p 500 ETF | ETF-大型股與成長 | 5.97% | -0.24% | -0.11% | |
| 3 | VTI | Vanguard Total Stock Mkt ETF | ETF-其他 | 5.12% | -0.26% | -1.07% | |
| 4 | AAPL | Apple Inc | 股票-科技 | 3.30% | -0.18% | -3.17% | |
| 5 | TSLA | Tesla Inc | 股票-循環性消費 | 3.08% | -0.19% | -17.29% | |
| 6 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 3.04% | +0.14% | -1.14% | |
| 7 | VT | Vanguard Tot World Stk ETF | ETF-其他 | 2.85% | -0.17% | +3.83% | |
| 8 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 2.58% | +0.03% | +5.85% | |
| 9 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 2.54% | -0.70% | -6.64% | |
| 10 | MSFT | Microsoft CORP | 股票-科技 | 2.45% | -0.38% | -2.11% | |
| 11 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.36% | -0.19% | -0.61% | |
| 12 | VYM | Vanguard High Dvd Yield ETF | ETF-其他 | 2.15% | -0.30% | -1.15% | |
| 13 | SPYD | Ss Spdr P S&p 500 Hi Div ETF | ETF-大型股與成長 | 1.70% | -0.29% | -1.51% | |
| 14 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 1.49% | +0.12% | +10.98% | |
| 15 | GLDM | Spdr Gold Minishares Trust | ETF-避險與商品 | 1.17% | -0.54% | +6.88% | |
| 16 | JEPQ | JPM Nasdaq Equity Premium | ETF-科技型 | 1.10% | -0.12% | +1.75% | |
| 17 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.00% | -0.22% | +1.60% | |
| 18 | EDV | Vanguard Extended Dur Treas | ETF-其他 | 0.99% | -0.34% | -1.41% | |
| 19 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.96% | +0.76% | NEW | |
| 20 | VGT | Vanguard Info Tech ETF | ETF-科技型 | 0.94% | +0.11% | +0.60% | |
| 21 | SOXL | Direx Dail Semi Bu 3x Et-usd | ETF-其他 | 0.91% | +1.62% | -30.83% | |
| 22 | SPXL | Direxion Daily S&p 500 Bull | ETF-大型股與成長 | 0.78% | +0.08% | -4.21% | |
| 23 | HDV | Ishares Core High Dividend E | ETF-其他 | 0.74% | -0.16% | -2.02% | |
| 24 | SOFI | Sofi Technologies Inc | 股票-金融 | 0.72% | -0.11% | -0.35% | |
| 25 | GLD | Spdr Gold Shares | ETF-避險與商品 | 0.69% | -0.32% | -4.33% | |
| 26 | V | Visa Inc-class A Shares | 股票-金融 | 0.69% | +0.01% | +0.08% | |
| 27 | TLT | Ishares 20+ Year Treasury Bd | ETF-政府公債 | 0.69% | -0.15% | -0.42% | |
| 28 | IBM | Intl Business Machines CORP | 股票-科技 | 0.66% | -0.05% | -2.62% | |
| 29 | AVGO | Broadcom Inc | 股票-科技 | 0.63% | -0.06% | +16.49% | |
| 30 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.62% | -0.10% | -0.34% | |
| 31 | IVV | Ishares Core S&p 500 ETF | ETF-大型股與成長 | 0.60% | -0.04% | -5.13% | |
| 32 | TECL | Dire Dai Tec Bull 3x Etf-usd | ETF-其他 | 0.59% | +0.34% | -0.48% | |
| 33 | VIG | Vanguard Dividend Apprec ETF | ETF-其他 | 0.57% | -0.06% | -0.86% | |
| 34 | TMF | Dir Dly 20+yr Tr Bl3x Etf-ui | ETF-其他 | 0.55% | -0.15% | -8.85% | |
| 35 | AGG | Ishares Core U.s. Aggregate | ETF-其他 | 0.55% | -0.10% | +2.71% | |
| 36 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 0.54% | +0.11% | +2.93% | |
| 37 | KO | Coca-cola Co/the | 股票-非循環性消費 | 0.52% | -0.07% | -3.40% | |
| 38 | AMD | Advanced Micro Devices | 股票-科技 | 0.46% | +0.45% | -5.66% | |
| 39 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.44% | -0.09% | +2.26% | |
| 40 | B | Barrick Mining CORP | 股票-原物料 | 0.43% | -0.03% | -5.70% | |
| 41 | BND | Vanguard Total Bond Market | ETF-其他 | 0.42% | -0.07% | +1.29% | |
| 42 | MU | Micron Technology Inc | 股票-科技 | 0.41% | +2.18% | +31.86% | |
| 43 | BTI | British American Tob-sp Adr | 股票-非循環性消費 | 0.41% | -0.07% | -1.97% | |
| 44 | MO | Altria Group Inc | 股票-非循環性消費 | 0.40% | -0.07% | +0.28% | |
| 45 | VZ | Verizon Communications Inc | 股票-通訊服務 | 0.39% | -0.16% | +11.97% | |
| 46 | XOM | Exxon Mobil CORP | 股票-能源 | 0.39% | -0.60% | EXIT | |
| 47 | EPI | Wisdomtree India Earnings | ETF-其他 | 0.38% | -0.06% | +7.46% | |
| 48 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 0.38% | -0.04% | +0.89% | |
| 49 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.38% | +0.02% | -10.65% | |
| 50 | JEPI | Jpmorgan Equity Premium Inco | ETF-其他 | 0.37% | -0.06% | +1.45% |
| # | 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 | +0.7% | +5.85% | 加碼 |
| 2 | GOOG | Alphabet Inc-cl C | +0.5% | +10.98% | 加碼 |
| 3 | MU | Micron Technology Inc | +0.2% | +31.86% | 加碼 |
| 4 | RKLB | Rocket Lab CORP | +0.2% | +61.01% | 加碼 |
| 5 | GLDM | Spdr Gold Minishares Trust | +0.2% | +6.88% | 加碼 |
| 6 | VT | Vanguard Tot World Stk ETF | +0.2% | +3.83% | 加碼 |
| 7 | VOO | Vanguard S&p 500 ETF | +0.2% | -0.11% | 減碼 |
| 8 | CELH | Celsius Holdings Inc | +0.1% | +342.15% | 加碼 |
| 9 | AVGO | Broadcom Inc | +0.1% | +16.49% | 加碼 |
| 10 | AAPL | Apple Inc | +0.1% | -3.17% | 減碼 |
| 11 | ASTS | Ast Spacemobile Inc | +0.1% | +58.58% | 加碼 |
| 12 | SLV | Ishares Silver Trust | +0.1% | +8.57% | 加碼 |
| 13 | AMZN | Amazon.com Inc | +0.1% | -0.61% | 減碼 |
| 14 | AMD | Advanced Micro Devices | +0.1% | -5.66% | 減碼 |
| 15 | B | Barrick Mining CORP | +0.1% | -5.70% | 減碼 |
| 16 | LLY | Eli Lilly & Co | +0.1% | -10.65% | 減碼 |
| 17 | VTI | Vanguard Total Stock Mkt ETF | +0.1% | -1.07% | 減碼 |
| 18 | LUNR | Intuitive Machines Inc | +0.1% | +403.17% | 加碼 |
| 19 | JNJ | Johnson & Johnson | +0.1% | -0.34% | 減碼 |
| 20 | TSM | Taiwan Semiconductor-sp Adr | +0.1% | +2.93% | 加碼 |
| 21 | NU | Nu Holdings Ltd. | +0.1% | +77.45% | 加碼 |
| 22 | MO | Altria Group Inc | -0.1% | +0.28% | 加碼 |
| 23 | UNH | Unitedhealth Group Inc | -0.1% | -20.72% | 減碼 |
| 24 | SPYD | Ss Spdr P S&p 500 Hi Div ETF | -0.1% | -1.51% | 減碼 |
| 25 | GFI | Gold Fields Ltd-spons Adr | -0.1% | -43.70% | 減碼 |
| 26 | GDX | Vaneck Gold Miners ETF | -0.1% | -37.87% | 減碼 |
| 27 | OKLO | Oklo Inc | -0.1% | -13.01% | 減碼 |
| 28 | EDV | Vanguard Extended Dur Treas | -0.1% | -1.41% | 減碼 |
| 29 | NFLX | Netflix Inc | -0.1% | +974.66% | 加碼 |
| 30 | HMY | Harmony Gold Mng-spon Adr | -0.1% | -49.29% | 減碼 |
| 31 | HOOD | Robinhood Markets Inc - A | -0.1% | -14.66% | 減碼 |
| 32 | ORCL | Oracle CORP | -0.1% | -18.82% | 減碼 |
| 33 | COIN | Coinbase Global Inc -class A | -0.1% | -11.95% | 減碼 |
| 34 | META | Meta Platforms Inc-class A | -0.1% | +1.60% | 加碼 |
| 35 | TSLL | Dirx Dly Tsla Bul 2x Etf-aui | -0.1% | -41.54% | 減碼 |
| 36 | TEAM | Atlassian Corp-cl A | -0.1% | -50.40% | 減碼 |
| 37 | ✓ | Kyivstar Group LTD | -0.1% | -31.09% | 減碼 |
| 38 | TMF | Dir Dly 20+yr Tr Bl3x Etf-ui | -0.1% | -8.85% | 減碼 |
| 39 | ARM | Arm Holdings Plc-adr | -0.1% | -8.36% | 減碼 |
| 40 | SOXL | Direx Dail Semi Bu 3x Et-usd | -0.2% | -30.83% | 減碼 |
| 41 | MSTR | Strategy Inc | -0.2% | -27.34% | 減碼 |
| 42 | NBIS | Nebius Group N.V. | -0.2% | -28.14% | 減碼 |
| 43 | NVDA | Nvidia CORP | -0.2% | -1.96% | 減碼 |
| 44 | MSFT | Microsoft CORP | -0.2% | -2.11% | 減碼 |
| 45 | PLTR | Palantir Technologies Inc-a | -0.3% | -6.64% | 減碼 |
| 46 | CRWV | Coreweave Inc-cl A | -0.3% | -56.02% | 減碼 |
| 47 | TSLA | Tesla Inc | -0.6% | -17.29% | 減碼 |
| 48 | ATEX | Anterix Inc | — | EXIT | 清倉 |
| 49 | BRK-B | Berkshire Hathaway Inc-cl B | — | NEW | 新建倉 |
| 50 | QQQI | Neos Nasdaq-100 High Inc ETF | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，SBI Securities Co., Ltd. 在 Q4 2025 季度的美股持倉總市值約為 US$44.0億，共申報了 4015 個公開持股部位。
在 Q4 2025 季度，SBI Securities Co., Ltd. 按市值排列的前三大核心持股分別為：NVDA (12.3%)、VOO (6.0%)、VTI (5.1%)。其中最大持股部位 NVDA 佔據整體投資組合約 12.3% 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
BRK-B
市值: US$3730.3萬
本季最大獲利了結 / 清倉標的
ATEX
前期市值: US$3769.6萬
在 Q4 2025 季度中，SBI Securities Co., Ltd. 共進行了 50 項持倉異動，包含新建倉 2 個部位、加碼 16 個部位、減碼 31 個部位以及清倉 1 個部位。 其中最大新建倉標的為 BRK-B。 本季清倉部位包含 ATEX。
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。