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: 0001370102
申報總市值
US$100.7億
US$100.7億
2204 檔
19.4%
根據最新整理的 13F 季度數據集，State of Alaska, Department of Revenue 於 Q4 2025 結束時的管理資產規模為 US$100.7億。該機構在本季度申報了 2204 檔美股持倉，呈現出該時期的主要投資地圖。
在 Q4 2025，State of Alaska, Department of Revenue 展現出較為審慎的避險與獲利了結姿態。本季共減碼 39 個部位並完全清倉 2 檔持股，調降曝險的部位數量高於加碼動作。
整體而言，State of Alaska, Department of Revenue 的前 5 大持股（包含 NVDA, AAPL, MSFT）貢獻了組合市值的 19.4%，形成該機構在 Q4 2025 季度的基本面基石。
僅顯示前 200 大持股（共 2204 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 | 5.47% | +0.11% | -6.94% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 5.33% | +0.07% | -6.22% | |
| 3 | MSFT | Microsoft CORP | 股票-科技 | 4.87% | -0.39% | -5.80% | |
| 4 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.84% | +0.07% | -6.19% | |
| 5 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 2.23% | +0.24% | -6.63% | |
| 6 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 2.23% | +0.19% | -5.66% | |
| 7 | AVGO | Broadcom Inc | 股票-科技 | 2.07% | +0.21% | -5.03% | |
| 8 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.96% | -0.22% | -4.02% | |
| 9 | TSLA | Tesla Inc | 股票-循環性消費 | 1.57% | +0.02% | -5.56% | |
| 10 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 1.26% | -0.09% | -5.98% | |
| 11 | LLY | Eli Lilly & Co | 股票-醫療保健 | 1.07% | +0.15% | -6.15% | |
| 12 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.93% | +0.06% | -9.80% | |
| 13 | WELL | Welltower Inc | 股票-房地產 | 0.81% | +0.06% | +2.28% | |
| 14 | PLD | Prologis Inc | 股票-房地產 | 0.75% | -0.05% | -0.57% | |
| 15 | XOM | Exxon Mobil CORP | 股票-能源 | 0.69% | -0.28% | -12.25% | |
| 16 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.68% | -0.07% | -5.39% | |
| 17 | MA | Mastercard Inc - A | 股票-金融 | 0.68% | -0.06% | -6.12% | |
| 18 | V | Visa Inc-class A Shares | 股票-金融 | 0.63% | +0.02% | -7.17% | |
| 19 | WMT | Walmart Inc | 股票-非循環性消費 | 0.59% | -0.13% | -6.22% | |
| 20 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.59% | +0.01% | -5.00% | |
| 21 | AMT | American Tower CORP | 股票-房地產 | 0.52% | -0.08% | -0.42% | |
| 22 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.51% | -0.10% | -5.66% | |
| 23 | EQIX | Equinix Inc | 股票-房地產 | 0.47% | -0.01% | -0.55% | |
| 24 | MU | Micron Technology Inc | 股票-科技 | 0.47% | +1.22% | -4.65% | |
| 25 | AMD | Advanced Micro Devices | 股票-科技 | 0.46% | +0.72% | -5.46% | |
| 26 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.45% | -0.04% | -5.50% | |
| 27 | NFLX | Netflix Inc | 股票-通訊服務 | 0.45% | -0.16% | +822.52% | |
| 28 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 0.44% | -0.13% | -3.44% | |
| 29 | CSCO | Cisco Systems Inc | 股票-科技 | 0.43% | +0.15% | -5.67% | |
| 30 | ORCL | Oracle CORP | 股票-科技 | 0.42% | -0.03% | -5.47% | |
| 31 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 0.40% | +0.12% | -7.97% | |
| 32 | WFC | Wells Fargo & Co | 股票-金融 | 0.39% | -0.03% | -32.54% | |
| 33 | BAC | Bank Of America CORP | 股票-金融 | 0.39% | +0.04% | -8.84% | |
| 34 | IBM | Intl Business Machines CORP | 股票-科技 | 0.39% | +0.01% | -4.52% | |
| 35 | SPG | Simon Property Group Inc | 股票-房地產 | 0.38% | +0.03% | -0.69% | |
| 36 | CVX | Chevron CORP | 股票-能源 | 0.37% | -0.15% | -7.05% | |
| 37 | HD | Home Depot Inc | 股票-循環性消費 | 0.36% | -0.02% | -6.85% | |
| 38 | QCOM | Qualcomm Inc | 股票-科技 | 0.35% | +0.06% | -4.68% | |
| 39 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.35% | -0.03% | +0.16% | |
| 40 | PM | Philip Morris International | 股票-非循環性消費 | 0.34% | -0.01% | -6.06% | |
| 41 | GE | General Electric | 股票-工業 | 0.34% | +0.06% | -8.16% | |
| 42 | DLR | Digital Realty Trust Inc | 股票-房地產 | 0.33% | -0.03% | +1.19% | |
| 43 | O | Realty Income CORP | 股票-房地產 | 0.33% | -0.03% | +0.59% | |
| 44 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.32% | +0.02% | -7.50% | |
| 45 | KO | Coca-cola Co/the | 股票-非循環性消費 | 0.30% | -0.02% | -1.48% | |
| 46 | ABT | Abbott Laboratories | 股票-醫療保健 | 0.30% | -0.05% | -2.62% | |
| 47 | LOW | Lowe's Cos Inc | 股票-循環性消費 | 0.29% | -0.05% | -3.51% | |
| 48 | CAT | Caterpillar Inc | 股票-工業 | 0.29% | +0.12% | -7.06% | |
| 49 | AXP | American Express Co | 股票-金融 | 0.27% | -0.01% | -6.75% | |
| 50 | VZ | Verizon Communications Inc | 股票-通訊服務 | 0.27% | -0.09% | -4.87% |
| # | 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 | +0.5% | -5.66% | 減碼 |
| 2 | GOOGL | Alphabet Inc-cl A | +0.5% | -6.63% | 減碼 |
| 3 | LLY | Eli Lilly & Co | +0.3% | -6.15% | 減碼 |
| 4 | MU | Micron Technology Inc | +0.2% | -4.65% | 減碼 |
| 5 | AMD | Advanced Micro Devices | +0.1% | -5.46% | 減碼 |
| 6 | PLD | Prologis Inc | +0.1% | -0.57% | 減碼 |
| 7 | SPY | Ss Spdr S&p 500 ETF Trust-us | +0.1% | +187.09% | 加碼 |
| 8 | MRK | Merck & Co. Inc. | +0.1% | +0.16% | 加碼 |
| 9 | WELL | Welltower Inc | +0.1% | +2.28% | 加碼 |
| 10 | AMZN | Amazon.com Inc | +0.1% | -6.19% | 減碼 |
| 11 | TSLA | Tesla Inc | 0% | -5.56% | 減碼 |
| 12 | MA | Mastercard Inc - A | 0% | -6.12% | 減碼 |
| 13 | BRK-B | Berkshire Hathaway Inc-cl B | 0% | -5.98% | 減碼 |
| 14 | XOM | Exxon Mobil CORP | 0% | -12.25% | 減碼 |
| 15 | AMT | American Tower CORP | 0% | -0.42% | 減碼 |
| 16 | MCK | Mckesson CORP | 0% | -28.76% | 減碼 |
| 17 | LIN | Linde plc | 0% | -7.89% | 減碼 |
| 18 | FISV | Fiserv Inc | 0% | +24.80% | 加碼 |
| 19 | JPM | Jpmorgan Chase & Co | 0% | -9.80% | 減碼 |
| 20 | UNH | Unitedhealth Group Inc | 0% | -7.97% | 減碼 |
| 21 | UBER | Uber Technologies Inc | 0% | -7.83% | 減碼 |
| 22 | T | At&t Inc | 0% | -5.82% | 減碼 |
| 23 | NOW | Servicenow Inc | 0% | +355.91% | 加碼 |
| 24 | SLVM | Sylvamo CORP | 0% | -84.50% | 減碼 |
| 25 | SNDK | Sandisk CORP | 0% | -79.67% | 減碼 |
| 26 | MTG | Mgic Investment CORP | 0% | -87.24% | 減碼 |
| 27 | DBX | Dropbox Inc-class A | 0% | -89.01% | 減碼 |
| 28 | STRL | Sterling Infrastructure Inc | 0% | -79.94% | 減碼 |
| 29 | MANH | Manhattan Associates Inc | 0% | -75.21% | 減碼 |
| 30 | SNDR | Schneider National Inc-cl B | 0% | -87.91% | 減碼 |
| 31 | COST | Costco Wholesale CORP | -0.1% | -5.66% | 減碼 |
| 32 | PG | Procter & Gamble Co/the | -0.1% | -5.50% | 減碼 |
| 33 | CXT | Crane Nxt Co | -0.1% | -94.00% | 減碼 |
| 34 | COP | Conocophillips | -0.1% | -33.87% | 減碼 |
| 35 | HD | Home Depot Inc | -0.1% | -6.85% | 減碼 |
| 36 | CHE | Chemed CORP | -0.1% | -92.86% | 減碼 |
| 37 | MSM | Msc Industrial Direct Co-a | -0.1% | -92.47% | 減碼 |
| 38 | WFC | Wells Fargo & Co | -0.1% | -32.54% | 減碼 |
| 39 | CACI | Caci International Inc -cl A | -0.1% | -92.30% | 減碼 |
| 40 | NFLX | Netflix Inc | -0.2% | +822.52% | 加碼 |
| 41 | SEIC | Sei Investments Company | -0.2% | -95.30% | 減碼 |
| 42 | NVDA | Nvidia CORP | -0.2% | -6.94% | 減碼 |
| 43 | ORCL | Oracle CORP | -0.2% | -5.47% | 減碼 |
| 44 | META | Meta Platforms Inc-class A | -0.2% | -4.02% | 減碼 |
| 45 | MSFT | Microsoft CORP | -0.4% | -5.80% | 減碼 |
| 46 | CRH | CRH plc | — | NEW | 新建倉 |
| 47 | 07WA | Mr Cooper Group Inc | — | EXIT | 清倉 |
| 48 | CVNA | Carvana Co | — | NEW | 新建倉 |
| 49 | LLYVK* | Liberty Media Corp-liberty-c | — | EXIT | 清倉 |
| 50 | SOLS | Solstice Adv Materials Inc | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，State of Alaska, Department of Revenue 在 Q4 2025 季度的美股持倉總市值約為 US$100.7億，共申報了 2204 個公開持股部位。
在 Q4 2025 季度，State of Alaska, Department of Revenue 按市值排列的前三大核心持股分別為：NVDA (5.5%)、AAPL (5.3%)、MSFT (4.9%)。其中最大持股部位 NVDA 佔據整體投資組合約 5.5% 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
CRH
市值: US$832.0萬
本季最大獲利了結 / 清倉標的
07WA
前期市值: US$678.7萬
在 Q4 2025 季度中，State of Alaska, Department of Revenue 共進行了 50 項持倉異動，包含新建倉 3 個部位、加碼 6 個部位、減碼 39 個部位以及清倉 2 個部位。 其中最大新建倉標的為 CRH。 本季清倉部位包含 07WA。
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。