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: 0000714142
申報總市值
US$146.9億
US$146.9億
1682 檔
16.9%
Teachers Retirement System Of THE State Of Kentucky 在 Q4 2025 季度的美股部位總計估值為 US$146.9億，分散於 1682 個持倉標的之中，反映其市場參與廣度與投資規模。
在 Q4 2025 期間，Teachers Retirement System Of THE State Of Kentucky 展現了靈活的資產再平衡步調，透過出清 6 檔弱勢或達到目標價部位，將資金轉置於 13 檔新建倉標的之中。
在資產配置集中度方面，Teachers Retirement System Of THE State Of Kentucky 的前 5 大核心持股（包含 NVDA, MSFT, AAPL 等）合計佔整體申報市值的 16.9%，反映機構在主要關鍵部位上的權重分佈。
僅顯示前 200 大持股（共 1682 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 | 5.04% | +0.03% | -2.37% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 4.01% | -0.41% | -0.52% | |
| 3 | AAPL | Apple Inc | 股票-科技 | 3.91% | -0.18% | -2.28% | |
| 4 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.90% | -0.06% | -1.72% | |
| 5 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 2.71% | +0.28% | -6.96% | |
| 6 | AVGO | Broadcom Inc | 股票-科技 | 2.11% | +0.23% | +1.92% | |
| 7 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.80% | -0.26% | -3.51% | |
| 8 | LLY | Eli Lilly & Co | 股票-醫療保健 | 1.22% | +0.14% | -8.43% | |
| 9 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 1.20% | +0.12% | -2.57% | |
| 10 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.06% | — | -2.63% | |
| 11 | TSLA | Tesla Inc | 股票-循環性消費 | 0.98% | -0.05% | -1.26% | |
| 12 | V | Visa Inc-class A Shares | 股票-金融 | 0.76% | — | +6.06% | |
| 13 | QCOM | Qualcomm Inc | 股票-科技 | 0.72% | +0.08% | +25.91% | |
| 14 | NFLX | Netflix Inc | 股票-通訊服務 | 0.67% | -0.14% | +1134.00% | |
| 15 | GILD | Gilead Sciences Inc | 股票-醫療保健 | 0.58% | -0.28% | -0.00% | |
| 16 | TEVA | Teva Pharmaceutical-sp Adr | 股票-醫療保健 | 0.57% | — | -6.37% | |
| 17 | PH | Parker Hannifin CORP | 股票-工業 | 0.56% | — | -2.79% | |
| 18 | AMD | Advanced Micro Devices | 股票-科技 | 0.56% | +0.69% | +5.23% | |
| 19 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.54% | -0.04% | — | |
| 20 | CB | Chubb Limited | 股票-金融 | 0.52% | +0.03% | +25.92% | |
| 21 | MA | Mastercard Inc - A | 股票-金融 | 0.51% | +0.03% | -4.23% | |
| 22 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 0.50% | -0.01% | +4.75% | |
| 23 | CSCO | Cisco Systems Inc | 股票-科技 | 0.49% | +0.05% | +9.17% | |
| 24 | WMT | Walmart Inc | 股票-非循環性消費 | 0.49% | -0.11% | -5.09% | |
| 25 | WFC | Wells Fargo & Co | 股票-金融 | 0.48% | -0.04% | -18.21% | |
| 26 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.48% | +0.06% | — | |
| 27 | JBL | Jabil Inc | 股票-科技 | 0.46% | +0.05% | +2.64% | |
| 28 | BAC | Bank Of America CORP | 股票-金融 | 0.46% | +0.02% | — | |
| 29 | MS | Morgan Stanley | 股票-金融 | 0.45% | +0.06% | — | |
| 30 | ORCL | Oracle CORP | 股票-科技 | 0.45% | -0.04% | -8.30% | |
| 31 | KLAC | Kla CORP | 股票-科技 | 0.44% | +0.35% | -9.98% | |
| 32 | MDT | Medtronic plc | 股票-醫療保健 | 0.43% | -0.12% | +9.54% | |
| 33 | SAN | Banco Santander Sa-spon Adr | 股票-金融 | 0.43% | +0.03% | +7.73% | |
| 34 | RIO | Rio Tinto Plc-spon Adr | 股票-原物料 | 0.42% | -0.04% | — | |
| 35 | KR | Kroger Co | 股票-非循環性消費 | 0.41% | -0.19% | +5.32% | |
| 36 | XOM | Exxon Mobil CORP | 股票-能源 | 0.40% | -0.20% | -3.68% | |
| 37 | T | At&t Inc | 股票-通訊服務 | 0.40% | -0.05% | +2.78% | |
| 38 | VALE | Vale Sa-sp Adr | 股票-原物料 | 0.40% | -0.06% | +51.96% | |
| 39 | CMI | Cummins Inc | 股票-工業 | 0.39% | +0.02% | -1.74% | |
| 40 | AXP | American Express Co | 股票-金融 | 0.38% | — | -17.44% | |
| 41 | BCS | Barclays Plc-spons Adr | 股票-金融 | 0.38% | — | -10.85% | |
| 42 | ADBE | Adobe Inc | 股票-科技 | 0.38% | -0.01% | +4.42% | |
| 43 | ING | Ing Groep N.v.-sponsored Adr | 股票-金融 | 0.37% | +0.02% | +0.34% | |
| 44 | NWG | Natwest Group PLC -spon Adr | 股票-金融 | 0.37% | +0.01% | +0.07% | |
| 45 | IBM | Intl Business Machines CORP | 股票-科技 | 0.37% | +0.01% | — | |
| 46 | TTE | TotalEnergies SE | 股票-其他 | 0.36% | -0.14% | — | |
| 47 | URI | United Rentals Inc | 股票-工業 | 0.36% | +0.13% | -1.80% | |
| 48 | AER | AerCap Holdings N.V. | 股票-工業 | 0.35% | -0.02% | — | |
| 49 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.34% | -0.01% | -8.50% | |
| 50 | SHEL | Shell Plc-adr | 股票-能源 | 0.34% | -0.12% | — |
| # | 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 | +0.4% | -6.96% | 減碼 |
| 2 | LLY | Eli Lilly & Co | +0.3% | -8.43% | 減碼 |
| 3 | GOOG | Alphabet Inc-cl C | +0.2% | -2.57% | 減碼 |
| 4 | C | Citigroup Inc | +0.2% | +161.14% | 加碼 |
| 5 | OMC | Omnicom Group | +0.2% | +2122.47% | 加碼 |
| 6 | TKO | Tko Group Holdings Inc | +0.2% | +2305.41% | 加碼 |
| 7 | APTV | Aptiv PLC | +0.2% | +286.90% | 加碼 |
| 8 | GL | Globe Life Inc | +0.2% | +2617.60% | 加碼 |
| 9 | VALE | Vale Sa-sp Adr | +0.2% | +51.96% | 加碼 |
| 10 | TEVA | Teva Pharmaceutical-sp Adr | +0.2% | -6.37% | 減碼 |
| 11 | QCOM | Qualcomm Inc | +0.2% | +25.91% | 加碼 |
| 12 | AMD | Advanced Micro Devices | +0.2% | +5.23% | 加碼 |
| 13 | CB | Chubb Limited | +0.1% | +25.92% | 加碼 |
| 14 | JKHY | Jack Henry & Associates Inc | +0.1% | +1697.52% | 加碼 |
| 15 | CCK | Crown Holdings Inc | +0.1% | +445.55% | 加碼 |
| 16 | AAPL | Apple Inc | +0.1% | -2.28% | 減碼 |
| 17 | AVGO | Broadcom Inc | +0.1% | +1.92% | 加碼 |
| 18 | AKAM | Akamai Technologies Inc | +0.1% | +59.89% | 加碼 |
| 19 | CSCO | Cisco Systems Inc | +0.1% | +9.17% | 加碼 |
| 20 | MRK | Merck & Co. Inc. | +0.1% | +37.13% | 加碼 |
| 21 | NRG | Nrg Energy Inc | +0.1% | +47.01% | 加碼 |
| 22 | OC | Owens Corning | +0.1% | +367.01% | 加碼 |
| 23 | FTI | TechnipFMC plc | +0.1% | +38.64% | 加碼 |
| 24 | RIO | Rio Tinto Plc-spon Adr | +0.1% | — | 不變 |
| 25 | SAN | Banco Santander Sa-spon Adr | +0.1% | +7.73% | 加碼 |
| 26 | TXT | Textron Inc | +0.1% | +50.27% | 加碼 |
| 27 | BNY | Bank Of New York Mellon CORP | +0.1% | +28.06% | 加碼 |
| 28 | NWG | Natwest Group PLC -spon Adr | +0.1% | +0.07% | 加碼 |
| 29 | APP | Applovin Corp-class A | +0.1% | +66.86% | 加碼 |
| 30 | UTHR | United Therapeutics CORP | +0.1% | +120.58% | 加碼 |
| 31 | OXY | Occidental Petroleum CORP | +0.1% | +428.81% | 加碼 |
| 32 | PH | Parker Hannifin CORP | +0.1% | -2.79% | 減碼 |
| 33 | CMI | Cummins Inc | +0.1% | -1.74% | 減碼 |
| 34 | SPGI | S&p Global Inc | +0.1% | +27.85% | 加碼 |
| 35 | D | Dominion Energy Inc | +0.1% | +208.32% | 加碼 |
| 36 | AMZN | Amazon.com Inc | +0.1% | -1.72% | 減碼 |
| 37 | V | Visa Inc-class A Shares | +0.1% | +6.06% | 加碼 |
| 38 | CRH | CRH plc | +0.1% | +18.50% | 加碼 |
| 39 | MU | Micron Technology Inc | +0.1% | -27.09% | 減碼 |
| 40 | AER | AerCap Holdings N.V. | +0.1% | — | 不變 |
| 41 | GILD | Gilead Sciences Inc | +0.1% | -0.00% | 減碼 |
| 42 | GLW | Corning Inc | +0.1% | +129.35% | 加碼 |
| 43 | CFG | Citizens Financial Group | +0.1% | +10.82% | 加碼 |
| 44 | DXCM | Dexcom Inc | +0.1% | +74.09% | 加碼 |
| 45 | FOXF | Fox Factory Holding CORP | +0.1% | +3173.25% | 加碼 |
| 46 | CTSH | Cognizant Tech Solutions-a | 0% | — | 不變 |
| 47 | MS | Morgan Stanley | 0% | — | 不變 |
| 48 | FCNCA | First Citizens Bcshs -cl A | 0% | +20.67% | 加碼 |
| 49 | GEN | Gen Digital Inc | 0% | +31.61% | 加碼 |
| 50 | AMGN | Amgen Inc | 0% | — | 不變 |
根據 SEC 官方 Form 13F 申報備案，Teachers Retirement System Of THE State Of Kentucky 在 Q4 2025 季度的美股持倉總市值約為 US$146.9億，共申報了 1682 個公開持股部位。
在 Q4 2025 季度，Teachers Retirement System Of THE State Of Kentucky 按市值排列的前三大核心持股分別為：NVDA (5.0%)、MSFT (4.0%)、AAPL (3.9%)。其中最大持股部位 NVDA 佔據整體投資組合約 5.0% 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
TTE
市值: US$4799.7萬
本季最大獲利了結 / 清倉標的
TTEN
前期市值: US$4319.0萬
在 Q4 2025 季度中，Teachers Retirement System Of THE State Of Kentucky 共進行了 167 項持倉異動，包含新建倉 13 個部位、加碼 66 個部位、減碼 82 個部位以及清倉 6 個部位。 其中最大新建倉標的為 TTE。 本季清倉部位包含 TTEN。
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。