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: 0001962086
申報總市值
US$12.5億
US$12.5億
139 檔
41.0%
截至 Q3 2025 季度末，SP Asset Management LLC 的美股持倉估值約為 US$12.5億，全數申報部位共有 139 檔。
Q3 2025 的申報記錄反映 SP Asset Management LLC 的板塊替換策略：機構本季推動了 26 筆增持與 23 筆減持，籌碼呈現明顯的結構重組。
整體而言，SP Asset Management LLC 的前 5 大持股（包含 META, BRK-B, AAPL）貢獻了組合市值的 41.0%，形成該機構在 Q3 2025 季度的基本面基石。
| # | 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 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 19.95% | -1.86% | -0.68% | |
| 2 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 7.58% | -3.31% | +0.24% | |
| 3 | AAPL | Apple Inc | 股票-科技 | 4.50% | +0.20% | -6.20% | |
| 4 | VUG | Vanguard Growth ETF | ETF-其他 | 4.41% | +0.38% | -0.23% | |
| 5 | ABBV | Abbvie Inc | 股票-醫療保健 | 4.17% | +0.26% | +0.47% | |
| 6 | IGV | Ishares Expanded Tech-softwa | ETF-科技型 | 3.85% | +0.12% | -1.18% | |
| 7 | MSFT | Microsoft CORP | 股票-科技 | 3.41% | -0.15% | +5.78% | |
| 8 | VO | Vanguard Mid-cap ETF | ETF-其他 | 2.96% | +0.07% | +0.41% | |
| 9 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 2.84% | +0.55% | +1.49% | |
| 10 | ORCL | Oracle CORP | 股票-科技 | 2.37% | -0.14% | -0.38% | |
| 11 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.36% | +0.17% | +3.79% | |
| 12 | VB | Vanguard Small-cap ETF | ETF-其他 | 2.16% | +0.12% | -2.04% | |
| 13 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 1.98% | +1.32% | -45.89% | |
| 14 | QCOM | Qualcomm Inc | 股票-科技 | 1.95% | — | -1.27% | |
| 15 | XLV | Ss Health Care Select Sector | ETF-其他 | 1.93% | -0.03% | +0.15% | |
| 16 | WFC | Wells Fargo & Co | 股票-金融 | 1.83% | -0.09% | +0.27% | |
| 17 | BAC | Bank Of America CORP | 股票-金融 | 1.57% | +0.11% | +0.49% | |
| 18 | ADI | Analog Devices Inc | 股票-科技 | 1.44% | +0.32% | +0.38% | |
| 19 | HD | Home Depot Inc | 股票-循環性消費 | 1.39% | -0.09% | -0.11% | |
| 20 | NVDA | Nvidia CORP | 股票-科技 | 1.35% | +0.04% | +2.75% | |
| 21 | ABT | Abbott Laboratories | 股票-醫療保健 | 1.35% | -0.23% | -0.66% | |
| 22 | JNJ | Johnson & Johnson | 股票-醫療保健 | 1.30% | -0.11% | -1.72% | |
| 23 | XLE | Ss Energy Select Sector | ETF-其他 | 1.27% | -0.38% | -1.27% | |
| 24 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 1.16% | +0.18% | +2.73% | |
| 25 | PM | Philip Morris International | 股票-非循環性消費 | 0.89% | — | +0.47% | |
| 26 | AXP | American Express Co | 股票-金融 | 0.89% | +0.02% | +0.19% | |
| 27 | VOO | Vanguard S&p 500 ETF | ETF-大型股與成長 | 0.88% | +0.10% | +2.62% | |
| 28 | NTNX | Nutanix Inc - A | 股票-科技 | 0.83% | +0.10% | -9.10% | |
| 29 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.79% | -0.04% | -1.49% | |
| 30 | XOM | Exxon Mobil CORP | 股票-能源 | 0.72% | -0.32% | +0.85% | |
| 31 | VHT | Vanguard Health Care ETF | ETF-其他 | 0.67% | +0.05% | +3.65% | |
| 32 | AMD | Advanced Micro Devices | 股票-科技 | 0.61% | +1.27% | +0.98% | |
| 33 | SBUX | Starbucks CORP | 股票-循環性消費 | 0.54% | +0.03% | -0.42% | |
| 34 | V | Visa Inc-class A Shares | 股票-金融 | 0.53% | +0.01% | -0.62% | |
| 35 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.49% | -0.04% | +0.44% | |
| 36 | IBB | Ishares Biotechnology ETF | ETF-科技型 | 0.49% | +0.01% | -9.74% | |
| 37 | IYH | Ishares U.s. Healthcare ETF | ETF-其他 | 0.48% | -0.01% | +0.10% | |
| 38 | NKE | Nike Inc -cl B | 股票-循環性消費 | 0.45% | -0.12% | +0.52% | |
| 39 | CRM | Salesforce Inc | 股票-科技 | 0.45% | -0.12% | -3.60% | |
| 40 | HON | Honeywell International Inc | 股票-工業 | 0.43% | -0.48% | EXIT | |
| 41 | ICSH | Ishares Ultra Short Duration | ETF-其他 | 0.40% | -0.10% | +0.83% | |
| 42 | IXN | Ishares Global Tech ETF | ETF-科技型 | 0.37% | +0.12% | — | |
| 43 | BIL | Ss Spdr Bb 1-3m T-bill ETF | ETF-政府公債 | 0.36% | +0.52% | +13.03% | |
| 44 | PEP | Pepsico Inc | 股票-非循環性消費 | 0.33% | -0.08% | -0.39% | |
| 45 | LH | Labcorp Holdings Inc | 股票-醫療保健 | 0.32% | -0.01% | +0.25% | |
| 46 | AMAT | Applied Materials Inc | 股票-科技 | 0.32% | +0.47% | -66.12% | |
| 47 | VUSB | Vanguard Ultra Short Bond Et | ETF-其他 | 0.30% | -0.14% | +1.15% | |
| 48 | MDLZ | Mondelez International Inc-a | 股票-非循環性消費 | 0.30% | -0.06% | +0.65% | |
| 49 | RBRK | Rubrik Inc-a | 股票-科技 | 0.29% | +0.10% | — | |
| 50 | NFLX | Netflix Inc | 股票-通訊服務 | 0.28% | -0.02% | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | META | Meta Platforms Inc-class A | +1.2% | -0.68% | 減碼 |
| 2 | ORCL | Oracle CORP | +1.1% | -0.38% | 減碼 |
| 3 | AAPL | Apple Inc | +0.9% | -6.20% | 加碼 |
| 4 | GOOGL | Alphabet Inc-cl A | +0.9% | +1.49% | 加碼 |
| 5 | VUG | Vanguard Growth ETF | +0.8% | -0.23% | 加碼 |
| 6 | MSFT | Microsoft CORP | +0.8% | +5.78% | 加碼 |
| 7 | IGV | Ishares Expanded Tech-softwa | +0.7% | -1.18% | 加碼 |
| 8 | NVDA | Nvidia CORP | +0.5% | +2.75% | 減碼 |
| 9 | GOOG | Alphabet Inc-cl C | +0.4% | +2.73% | 加碼 |
| 10 | VO | Vanguard Mid-cap ETF | +0.3% | +0.41% | 加碼 |
| 11 | VOO | Vanguard S&p 500 ETF | +0.3% | +2.62% | 加碼 |
| 12 | AMD | Advanced Micro Devices | +0.2% | +0.98% | 加碼 |
| 13 | BAC | Bank Of America CORP | +0.2% | +0.49% | 加碼 |
| 14 | AMZN | Amazon.com Inc | +0.2% | +3.79% | 加碼 |
| 15 | ADI | Analog Devices Inc | +0.1% | +0.38% | 減碼 |
| 16 | AVGO | Broadcom Inc | +0.1% | -0.25% | 加碼 |
| 17 | WFC | Wells Fargo & Co | +0.1% | +0.27% | 加碼 |
| 18 | AXP | American Express Co | +0.1% | +0.19% | 加碼 |
| 19 | IXN | Ishares Global Tech ETF | +0.1% | — | 加碼 |
| 20 | INTC | Intel CORP | +0.1% | +192.00% | 加碼 |
| 21 | RBRK | Rubrik Inc-a | +0.1% | — | 不變 |
| 22 | NFLX | Netflix Inc | 0% | — | 加碼 |
| 23 | IVV | Ishares Core S&p 500 ETF | 0% | +11.75% | 加碼 |
| 24 | SNOW | Snowflake Inc | 0% | -15.25% | 減碼 |
| 25 | VHT | Vanguard Health Care ETF | 0% | +3.65% | 加碼 |
| 26 | LH | Labcorp Holdings Inc | 0% | +0.25% | 加碼 |
| 27 | SPY | Ss Spdr S&p 500 ETF Trust-us | 0% | +6.60% | 加碼 |
| 28 | ABBV | Abbvie Inc | 0% | +0.47% | 加碼 |
| 29 | JNJ | Johnson & Johnson | — | -1.72% | 減碼 |
| 30 | ABT | Abbott Laboratories | 0% | -0.66% | 加碼 |
| 31 | HD | Home Depot Inc | -0.1% | -0.11% | 減碼 |
| 32 | FRSH | Freshworks Inc-cl A | -0.1% | — | 減碼 |
| 33 | ICSH | Ishares Ultra Short Duration | -0.1% | +0.83% | 減碼 |
| 34 | CRM | Salesforce Inc | -0.1% | -3.60% | 減碼 |
| 35 | PFF | Ishares Preferred & Income S | -0.2% | -24.79% | 減碼 |
| 36 | QCOM | Qualcomm Inc | -0.2% | -1.27% | 減碼 |
| 37 | NKE | Nike Inc -cl B | -0.2% | +0.52% | 減碼 |
| 38 | SBUX | Starbucks CORP | -0.2% | -0.42% | 減碼 |
| 39 | NTNX | Nutanix Inc - A | -0.2% | -9.10% | 減碼 |
| 40 | MRK | Merck & Co. Inc. | -0.2% | -1.49% | 減碼 |
| 41 | XLE | Ss Energy Select Sector | -0.2% | -1.27% | 減碼 |
| 42 | XLV | Ss Health Care Select Sector | -0.4% | +0.15% | 減碼 |
| 43 | AMAT | Applied Materials Inc | -0.4% | -66.12% | 減碼 |
| 44 | VB | Vanguard Small-cap ETF | -0.4% | -2.04% | 減碼 |
| 45 | SSO | Proshares Ultra S&p500 | -0.8% | -41.94% | 減碼 |
| 46 | BRK-B | Berkshire Hathaway Inc-cl B | -1.3% | +0.24% | 加碼 |
| 47 | UNH | Unitedhealth Group Inc | -3.8% | -45.89% | 減碼 |
| 48 | PANW | Palo Alto Networks Inc | — | NEW | 新建倉 |
| 49 | UI | Ubiquiti Inc | — | NEW | 新建倉 |
| 50 | OGN | Organon & Co | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，SP Asset Management LLC 在 Q3 2025 季度的美股持倉總市值約為 US$12.5億，共申報了 139 個公開持股部位。
在 Q3 2025 季度，SP Asset Management LLC 按市值排列的前三大核心持股分別為：META (19.9%)、BRK-B (7.6%)、AAPL (4.5%)。其中最大持股部位 META 佔據整體投資組合約 19.9% 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
PANW
市值: US$265.4萬
本季最大獲利了結 / 清倉標的
OGN
前期市值: US$73.9萬
在 Q3 2025 季度中，SP Asset Management LLC 共進行了 49 項持倉異動，包含新建倉 2 個部位、加碼 24 個部位、減碼 22 個部位以及清倉 1 個部位。 其中最大新建倉標的為 PANW。 本季清倉部位包含 OGN。
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。