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: 0001277279
申報總市值
US$8.7億
US$8.7億
522 檔
16.8%
Q4 2025 季度申報顯示，Thompson Investment Management, Inc. 揭露的美股組合總市值為 US$8.7億，涵蓋 522 個不同之權益投資部位。
Thompson Investment Management, Inc. 在 Q4 2025 進行了結構性的板塊輪動與部位換股。在開立 1 個全新部位及加碼 27 檔持股的同時，亦同步清倉 1 檔並減碼 21 檔標的。
整體而言，Thompson Investment Management, Inc. 的前 5 大持股（包含 GOOGL, WBD, MSFT）貢獻了組合市值的 16.8%，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 522 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 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 5.75% | +0.11% | -10.70% | |
| 2 | WBD | Warner Bros Discovery Inc | 股票-通訊服務 | 4.12% | -1.81% | -9.88% | |
| 3 | MSFT | Microsoft CORP | 股票-科技 | 3.96% | -0.09% | -0.07% | |
| 4 | XOM | Exxon Mobil CORP | 股票-能源 | 2.33% | -0.94% | +0.33% | |
| 5 | EXK | Exact Sciences CORP | 股票-原物料 | 2.24% | — | -26.62% | |
| 6 | C | Citigroup Inc | 股票-金融 | 2.10% | +0.10% | -2.13% | |
| 7 | QCOM | Qualcomm Inc | 股票-科技 | 1.76% | +0.10% | +0.38% | |
| 8 | VTRS | Viatris Inc | 股票-醫療保健 | 1.74% | +0.06% | -0.09% | |
| 9 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.70% | -0.02% | -2.38% | |
| 10 | BAC | Bank Of America CORP | 股票-金融 | 1.65% | +0.01% | -0.69% | |
| 11 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.58% | -0.12% | +0.77% | |
| 12 | KRNT | Kornit Digital Ltd. | 股票-其他 | 1.58% | -0.02% | +11.04% | |
| 13 | AAPL | Apple Inc | 股票-科技 | 1.51% | — | -0.04% | |
| 14 | CSCO | Cisco Systems Inc | 股票-科技 | 1.46% | +0.24% | -0.73% | |
| 15 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 1.46% | +0.12% | +0.20% | |
| 16 | PFE | Pfizer Inc | 股票-醫療保健 | 1.45% | -0.39% | +8.25% | |
| 17 | LKQ | Lkq CORP | 股票-循環性消費 | 1.42% | +0.12% | +14.03% | |
| 18 | PEP | Pepsico Inc | 股票-非循環性消費 | 1.41% | -0.22% | +7.11% | |
| 19 | PYPL | Paypal Holdings Inc | 股票-金融 | 1.33% | -0.12% | +11.77% | |
| 20 | OI | O-i Glass Inc | 股票-其他 | 1.31% | +0.12% | +0.13% | |
| 21 | EBAY | Ebay Inc | 股票-循環性消費 | 1.29% | -0.14% | -1.39% | |
| 22 | JNJ | Johnson & Johnson | 股票-醫療保健 | 1.28% | -0.12% | +0.39% | |
| 23 | CVS | Cvs Health CORP | 股票-醫療保健 | 1.27% | +0.31% | -0.33% | |
| 24 | NXPI | NXP Semiconductors N.V. | 股票-科技 | 1.22% | +0.27% | +4.21% | |
| 25 | SCHW | Schwab (charles) CORP | 股票-金融 | 1.20% | -0.02% | -0.41% | |
| 26 | V | Visa Inc-class A Shares | 股票-金融 | 1.16% | +0.01% | +0.93% | |
| 27 | KEYS | Keysight Technologies In | 股票-科技 | 1.14% | -0.02% | -5.79% | |
| 28 | ✓ | 股票-其他 | 1.14% | — | -30.53% | ||
| 29 | CNXC | Concentrix CORP | 股票-科技 | 1.13% | +0.04% | +36.89% | |
| 30 | EA | Electronic Arts Inc | 股票-通訊服務 | 1.11% | -0.02% | -6.59% | |
| 31 | PFGC | Performance Food Group Co | 股票-非循環性消費 | 1.10% | +0.19% | +0.26% | |
| 32 | ✓ | 股票-其他 | 1.08% | — | +2.84% | ||
| 33 | ARE | Alexandria Real Estate Equit | 股票-房地產 | 1.06% | +0.21% | +53.00% | |
| 34 | ORCL | Oracle CORP | 股票-科技 | 0.98% | -0.06% | +1.24% | |
| 35 | GE | General Electric | 股票-工業 | 0.96% | +0.16% | -0.04% | |
| 36 | STT | State Street CORP | 股票-金融 | 0.96% | +0.10% | -4.36% | |
| 37 | LITE | Lumentum Holdings Inc | 股票-科技 | 0.96% | -0.03% | -66.14% | |
| 38 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.91% | +0.11% | -0.86% | |
| 39 | NTRS | Northern Trust CORP | 股票-金融 | 0.89% | -0.63% | -0.88% | |
| 40 | WEC | Wec Energy Group Inc | 股票-公用事業 | 0.89% | -0.10% | +0.16% | |
| 41 | AMN | Amn Healthcare Services Inc | 股票-其他 | 0.88% | +0.49% | +24.28% | |
| 42 | CFG | Citizens Financial Group | 股票-金融 | 0.87% | +0.03% | -2.81% | |
| 43 | ADBE | Adobe Inc | 股票-科技 | 0.87% | -0.06% | +13.27% | |
| 44 | PNC | Pnc Financial Services Group | 股票-金融 | 0.87% | +0.04% | +4.55% | |
| 45 | CI | THE Cigna Group | 股票-醫療保健 | 0.84% | -0.06% | +5.40% | |
| 46 | FCX | Freeport-mcmoran Inc | 股票-原物料 | 0.84% | -0.06% | -0.25% | |
| 47 | VIAV | Viavi Solutions Inc | 股票-科技 | 0.83% | -0.09% | -17.24% | |
| 48 | FLG | Flagstar Bank NA | 股票-金融 | 0.79% | +0.01% | +5.27% | |
| 49 | BA | Boeing Co/the | 股票-工業 | 0.78% | -0.03% | — | |
| 50 | CVX | Chevron CORP | 股票-能源 | 0.75% | -0.30% | +1.23% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | WBD | Warner Bros Discovery Inc | +0.8% | -9.88% | 減碼 |
| 2 | EXK | Exact Sciences CORP | +0.5% | -26.62% | 減碼 |
| 3 | CRM | Salesforce Inc | +0.5% | +151.51% | 加碼 |
| 4 | GOOGL | Alphabet Inc-cl A | +0.4% | -10.70% | 減碼 |
| 5 | VTRS | Viatris Inc | +0.3% | -0.09% | 減碼 |
| 6 | PG | Procter & Gamble Co/the | +0.2% | +64.74% | 加碼 |
| 7 | KRNT | Kornit Digital Ltd. | +0.2% | +11.04% | 加碼 |
| 8 | CNXC | Concentrix CORP | +0.2% | +36.89% | 加碼 |
| 9 | FCX | Freeport-mcmoran Inc | +0.2% | -0.25% | 減碼 |
| 10 | KMB | Kimberly-clark CORP | +0.2% | +67.16% | 加碼 |
| 11 | C | Citigroup Inc | +0.1% | -2.13% | 減碼 |
| 12 | ✓ | +0.1% | -30.53% | 減碼 | |
| 13 | FDX | Fedex CORP | +0.1% | +0.28% | 加碼 |
| 14 | GPN | Global Payments Inc | +0.1% | +49.70% | 加碼 |
| 15 | OI | O-i Glass Inc | +0.1% | +0.13% | 加碼 |
| 16 | BMY | Bristol-myers Squibb Co | +0.1% | +2.47% | 加碼 |
| 17 | NOMD | Nomad Foods Limited | +0.1% | +36.23% | 加碼 |
| 18 | LKQ | Lkq CORP | +0.1% | +14.03% | 加碼 |
| 19 | CSCO | Cisco Systems Inc | +0.1% | -0.73% | 減碼 |
| 20 | JNJ | Johnson & Johnson | +0.1% | +0.39% | 加碼 |
| 21 | VIAV | Viavi Solutions Inc | +0.1% | -17.24% | 減碼 |
| 22 | COO | Cooper Cos Inc/the | +0.1% | +2.18% | 加碼 |
| 23 | FLG | Flagstar Bank NA | +0.1% | +5.27% | 加碼 |
| 24 | AMGN | Amgen Inc | +0.1% | -0.37% | 減碼 |
| 25 | ✓ | +0.1% | +2.84% | 加碼 | |
| 26 | ADBE | Adobe Inc | +0.1% | +13.27% | 加碼 |
| 27 | MRK | Merck & Co. Inc. | +0.1% | -0.15% | 減碼 |
| 28 | PEP | Pepsico Inc | 0% | +7.11% | 加碼 |
| 29 | KEYS | Keysight Technologies In | 0% | -5.79% | 減碼 |
| 30 | AGG | Ishares Core U.s. Aggregate | 0% | +11.48% | 加碼 |
| 31 | PNC | Pnc Financial Services Group | 0% | +4.55% | 加碼 |
| 32 | XOM | Exxon Mobil CORP | 0% | +0.33% | 加碼 |
| 33 | AAPL | Apple Inc | 0% | -0.04% | 減碼 |
| 34 | BAC | Bank Of America CORP | — | -0.69% | 減碼 |
| 35 | PFE | Pfizer Inc | 0% | +8.25% | 加碼 |
| 36 | CVS | Cvs Health CORP | 0% | -0.33% | 減碼 |
| 37 | TSN | Tyson Foods Inc-cl A | -0.1% | -86.08% | 減碼 |
| 38 | WEC | Wec Energy Group Inc | -0.1% | +0.16% | 加碼 |
| 39 | EA | Electronic Arts Inc | -0.1% | -6.59% | 減碼 |
| 40 | UNH | Unitedhealth Group Inc | -0.2% | +0.20% | 加碼 |
| 41 | EBAY | Ebay Inc | -0.2% | -1.39% | 減碼 |
| 42 | GLW | Corning Inc | -0.2% | -23.82% | 減碼 |
| 43 | ARE | Alexandria Real Estate Equit | -0.2% | +53.00% | 加碼 |
| 44 | PFGC | Performance Food Group Co | -0.3% | +0.26% | 加碼 |
| 45 | META | Meta Platforms Inc-class A | -0.3% | +0.77% | 加碼 |
| 46 | LITE | Lumentum Holdings Inc | -0.4% | -66.14% | 減碼 |
| 47 | ORCL | Oracle CORP | -0.5% | +1.24% | 加碼 |
| 48 | MSFT | Microsoft CORP | -0.6% | -0.07% | 減碼 |
| 49 | CLX | Clorox Company | — | NEW | 新建倉 |
| 50 | 2655957D | Premier Inc-class A | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Thompson Investment Management, Inc. 在 Q4 2025 季度的美股持倉總市值約為 US$8.7億，共申報了 522 個公開持股部位。
在 Q4 2025 季度，Thompson Investment Management, Inc. 按市值排列的前三大核心持股分別為：GOOGL (5.8%)、WBD (4.1%)、MSFT (4.0%)。其中最大持股部位 GOOGL 佔據整體投資組合約 5.8% 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
CLX
市值: US$265.3萬
本季最大獲利了結 / 清倉標的
2655957D
前期市值: US$72.4萬
在 Q4 2025 季度中，Thompson Investment Management, Inc. 共進行了 50 項持倉異動，包含新建倉 1 個部位、加碼 27 個部位、減碼 21 個部位以及清倉 1 個部位。 其中最大新建倉標的為 CLX。 本季清倉部位包含 2655957D。
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。