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: 0001157436
申報總市值
US$10.0億
US$10.0億
393 檔
16.2%
在 Q4 2025 申報期間，Sheets Smith Wealth Management（CIK: 0001157436）向美國 SEC 提交的 Form 13F 報告顯示，其追蹤之股票投資組合總市值達 US$10.0億，共持有 393 個公開申報部位。
從 Q4 2025 申報觀察，Sheets Smith Wealth Management 採取防禦導向的調倉策略，本季減碼 16 檔個股並出清 14 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 VOO, IVV, GOOG）累計市值佔比達 16.2%，是驅動 Sheets Smith Wealth Management 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 393 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 | VOO | Vanguard S&p 500 ETF | ETF-大型股與成長 | 5.14% | -0.01% | +4.95% | |
| 2 | IVV | Ishares Core S&p 500 ETF | ETF-大型股與成長 | 4.20% | +0.10% | -0.90% | |
| 3 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 3.60% | +0.24% | -0.73% | |
| 4 | KO | Coca-cola Co/the | 股票-非循環性消費 | 2.54% | -0.25% | +0.08% | |
| 5 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.33% | +0.03% | +0.72% | |
| 6 | SCHX | Schwab US Large-cap ETF | ETF-其他 | 2.08% | +0.04% | +5.77% | |
| 7 | V | Visa Inc-class A Shares | 股票-金融 | 2.00% | +0.01% | -1.88% | |
| 8 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 1.87% | +0.23% | +13.66% | |
| 9 | LLY | Eli Lilly & Co | 股票-醫療保健 | 1.77% | +0.22% | +4.01% | |
| 10 | NVDA | Nvidia CORP | 股票-科技 | 1.59% | +0.01% | +2.17% | |
| 11 | SPYM | Ste Str Spdr Pt S&p 500 ETF | ETF-大型股與成長 | 1.57% | +0.03% | -1.34% | |
| 12 | AAPL | Apple Inc | 股票-科技 | 1.53% | +0.01% | +8.09% | |
| 13 | TSCO | Tractor Supply Company | 股票-循環性消費 | 1.29% | -0.41% | -1.86% | |
| 14 | TJX | Tjx Companies Inc | 股票-循環性消費 | 1.27% | -0.19% | -3.21% | |
| 15 | ECL | Ecolab Inc | 股票-原物料 | 1.23% | -0.08% | -2.01% | |
| 16 | ULTA | Ulta Beauty Inc | 股票-循環性消費 | 1.19% | -0.25% | -2.41% | |
| 17 | SUB | Ishares Short-term National | ETF-其他 | 1.18% | -0.43% | +0.57% | |
| 18 | INTU | Intuit Inc | 股票-科技 | 1.15% | -0.27% | -0.16% | |
| 19 | IQV | Iqvia Holdings Inc | 股票-醫療保健 | 1.13% | +0.01% | -3.76% | |
| 20 | CPRT | Copart Inc | 股票-工業 | 1.09% | -0.20% | -2.02% | |
| 21 | SPIB | Ss Spdr P Int C CORP ETF | ETF-其他 | 1.06% | -0.10% | +2.03% | |
| 22 | PULS | Pgim Ultra Short Bond ETF | ETF-其他 | 0.98% | -0.09% | +35.05% | |
| 23 | XOM | Exxon Mobil CORP | 股票-能源 | 0.93% | -0.38% | -1.55% | |
| 24 | JEPQ | JPM Nasdaq Equity Premium | ETF-科技型 | 0.87% | -0.01% | +14.98% | |
| 25 | MSFT | Microsoft CORP | 股票-科技 | 0.84% | -0.06% | +2.89% | |
| 26 | IJH | Ishares Core S&p Midcap ETF | ETF-其他 | 0.80% | +0.01% | +3.36% | |
| 27 | SCHB | Schwab US Broad Market ETF | ETF-其他 | 0.80% | +0.02% | -0.58% | |
| 28 | PEP | Pepsico Inc | 股票-非循環性消費 | 0.79% | -0.21% | -3.72% | |
| 29 | DGRO | Ishares Core Dividend Growth | ETF-其他 | 0.79% | -0.01% | +15.10% | |
| 30 | PSA | Public Storage | 股票-房地產 | 0.76% | +0.03% | -1.82% | |
| 31 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.75% | -0.01% | -4.17% | |
| 32 | SCHD | Schwab US Dvd Equity ETF | ETF-其他 | 0.74% | -0.10% | -3.34% | |
| 33 | EPD | Enterprise Products Partners | 股票-能源 | 0.71% | -0.13% | -2.88% | |
| 34 | SPDW | Ste Str Spdr Pt Dw EU ETF | ETF-其他 | 0.70% | -0.01% | +0.79% | |
| 35 | ITOT | Ishares Core S&p Total U.s. | ETF-其他 | 0.69% | +0.02% | -0.44% | |
| 36 | FCNCA | First Citizens Bcshs -cl A | 股票-金融 | 0.68% | +0.05% | +16.22% | |
| 37 | SPG | Simon Property Group Inc | 股票-房地產 | 0.67% | +0.03% | +2.17% | |
| 38 | UBER | Uber Technologies Inc | 股票-工業 | 0.65% | -0.06% | +0.19% | |
| 39 | AMGN | Amgen Inc | 股票-醫療保健 | 0.63% | -0.08% | -8.43% | |
| 40 | WPC | Wp Carey Inc | 股票-房地產 | 0.59% | -0.05% | -2.44% | |
| 41 | GWW | Ww Grainger Inc | 股票-工業 | 0.57% | +0.06% | -4.71% | |
| 42 | VIG | Vanguard Dividend Apprec ETF | ETF-其他 | 0.56% | -0.01% | -0.65% | |
| 43 | COR | Cencora Inc | 股票-醫療保健 | 0.53% | -0.10% | -0.53% | |
| 44 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 0.53% | +0.04% | -3.09% | |
| 45 | COHR | Coherent CORP | 股票-科技 | 0.51% | +0.17% | -11.45% | |
| 46 | IJR | Ishares Core S&p Small-cap E | ETF-中小型股 | 0.50% | +0.02% | +0.94% | |
| 47 | HD | Home Depot Inc | 股票-循環性消費 | 0.48% | -0.32% | +0.63% | |
| 48 | MTZ | Mastec Inc | 股票-工業 | 0.47% | +0.06% | -0.61% | |
| 49 | VO | Vanguard Mid-cap ETF | ETF-其他 | 0.47% | +0.01% | +1.81% | |
| 50 | GLD | Spdr Gold Shares | ETF-避險與商品 | 0.45% | -0.11% | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | GOOG | Alphabet Inc-cl C | +0.7% | -0.73% | 減碼 |
| 2 | LLY | Eli Lilly & Co | +0.5% | +4.01% | 加碼 |
| 3 | PULS | Pgim Ultra Short Bond ETF | +0.2% | +35.05% | 加碼 |
| 4 | VOO | Vanguard S&p 500 ETF | +0.2% | +4.95% | 加碼 |
| 5 | QQQ | Invesco Qqq Trust Series 1 | +0.2% | +13.66% | 加碼 |
| 6 | FCNCA | First Citizens Bcshs -cl A | +0.2% | +16.22% | 加碼 |
| 7 | COHR | Coherent CORP | +0.2% | -11.45% | 減碼 |
| 8 | AAPL | Apple Inc | +0.2% | +8.09% | 加碼 |
| 9 | IQV | Iqvia Holdings Inc | +0.1% | -3.76% | 減碼 |
| 10 | JEPQ | JPM Nasdaq Equity Premium | +0.1% | +14.98% | 加碼 |
| 11 | DGRO | Ishares Core Dividend Growth | +0.1% | +15.10% | 加碼 |
| 12 | SCHX | Schwab US Large-cap ETF | +0.1% | +5.77% | 加碼 |
| 13 | GOOGL | Alphabet Inc-cl A | +0.1% | -3.09% | 減碼 |
| 14 | ISTB | Ishares Core 1-5 Year Usd Bo | +0.1% | +43.90% | 加碼 |
| 15 | KO | Coca-cola Co/the | +0.1% | +0.08% | 加碼 |
| 16 | AMZN | Amazon.com Inc | +0.1% | +0.72% | 加碼 |
| 17 | SIVR | Abrdn Physical Silver Shares | +0.1% | -2.76% | 減碼 |
| 18 | ✓ | Roadzen Inc | +0.1% | — | 不變 |
| 19 | ULTA | Ulta Beauty Inc | +0.1% | -2.41% | 減碼 |
| 20 | PGR | Progressive CORP | -0.1% | -54.30% | 減碼 |
| 21 | IVV | Ishares Core S&p 500 ETF | -0.1% | -0.90% | 減碼 |
| 22 | MPWR | Monolithic Power Systems Inc | -0.1% | -70.52% | 減碼 |
| 23 | DORM | Dorman Products Inc | -0.1% | -0.73% | 減碼 |
| 24 | NKE | Nike Inc -cl B | -0.1% | -5.83% | 減碼 |
| 25 | NOW | Servicenow Inc | -0.1% | +387.49% | 加碼 |
| 26 | TMUS | T-mobile US Inc | -0.1% | -8.26% | 減碼 |
| 27 | HD | Home Depot Inc | -0.1% | +0.63% | 加碼 |
| 28 | NFLX | Netflix Inc | -0.1% | +675.16% | 加碼 |
| 29 | ECL | Ecolab Inc | -0.1% | -2.01% | 減碼 |
| 30 | PSA | Public Storage | -0.1% | -1.82% | 減碼 |
| 31 | UBER | Uber Technologies Inc | -0.2% | +0.19% | 加碼 |
| 32 | CPRT | Copart Inc | -0.2% | -2.02% | 減碼 |
| 33 | TSCO | Tractor Supply Company | -0.3% | -1.86% | 減碼 |
| 34 | MELI | Mercadolibre Inc | — | EXIT | 清倉 |
| 35 | DASH | Doordash Inc - A | — | EXIT | 清倉 |
| 36 | TBBK | Bancorp Inc/the | — | EXIT | 清倉 |
| 37 | NFG | National Fuel Gas Co | — | EXIT | 清倉 |
| 38 | GWRE | Guidewire Software Inc | — | EXIT | 清倉 |
| 39 | KALU | Kaiser Aluminum CORP | — | NEW | 新建倉 |
| 40 | CVNA | Carvana Co | — | EXIT | 清倉 |
| 41 | USFD | US Foods Holding CORP | — | EXIT | 清倉 |
| 42 | SE | Sea Ltd-adr | — | EXIT | 清倉 |
| 43 | KMX | Carmax Inc | — | EXIT | 清倉 |
| 44 | ESE | Esco Technologies Inc | — | EXIT | 清倉 |
| 45 | CCI | Crown Castle Inc | — | EXIT | 清倉 |
| 46 | SNOW | Snowflake Inc | — | EXIT | 清倉 |
| 47 | PODD | Insulet CORP | — | EXIT | 清倉 |
| 48 | JBTM | Jbt Marel CORP | — | EXIT | 清倉 |
| 49 | RGLD | Royal Gold Inc | — | NEW | 新建倉 |
| 50 | JBND | Jpmorgan Active Bond ETF | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Sheets Smith Wealth Management 在 Q4 2025 季度的美股持倉總市值約為 US$10.0億，共申報了 393 個公開持股部位。
在 Q4 2025 季度，Sheets Smith Wealth Management 按市值排列的前三大核心持股分別為：VOO (5.1%)、IVV (4.2%)、GOOG (3.6%)。其中最大持股部位 VOO 佔據整體投資組合約 5.1% 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
KALU
市值: US$63.0萬
本季最大獲利了結 / 清倉標的
MELI
前期市值: US$93.0萬
在 Q4 2025 季度中，Sheets Smith Wealth Management 共進行了 49 項持倉異動，包含新建倉 3 個部位、加碼 16 個部位、減碼 16 個部位以及清倉 14 個部位。 其中最大新建倉標的為 KALU。 本季清倉部位包含 MELI。
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。