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: 0001575151
申報總市值
US$2.8億
US$2.8億
204 檔
26.9%
在 Q4 2025 申報期間，Tiemann Investment Advisors, LLC（CIK: 0001575151）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$2.8億，共持有 204 個公開申報部位。
從 Q4 2025 申報觀察，Tiemann Investment Advisors, LLC 採取防禦導向的調倉策略，本季減碼 15 檔個股並出清 16 檔部位，顯示機構在該時期進行風險控制與流動性回收。
在資產配置集中度方面，Tiemann Investment Advisors, LLC 的前 5 大核心持股（包含 AGG, AAPL, IUSB 等）合計佔整體申報市值的 26.9%，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 204 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 | AGG | Ishares Core U.s. Aggregate | ETF-其他 | 8.01% | -0.25% | +5.91% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 6.13% | +0.05% | -5.17% | |
| 3 | IUSB | Ishr Cr Unvrse Usd Bd Etf-ui | ETF-其他 | 5.34% | -0.35% | +0.34% | |
| 4 | MSFT | Microsoft CORP | 股票-科技 | 4.76% | -0.34% | -7.39% | |
| 5 | IEFA | Ishares Core Msci Eafe ETF | ETF-其他 | 4.65% | -0.09% | +0.27% | |
| 6 | JPST | Jpmorgan Ultra-short Income | ETF-其他 | 3.16% | -0.20% | +0.14% | |
| 7 | GSST | Goldman Sachs Ultra Short Bo | ETF-避險與商品 | 3.09% | -0.07% | +2.68% | |
| 8 | NVDA | Nvidia CORP | 股票-科技 | 3.00% | -0.05% | -10.57% | |
| 9 | ORCL | Oracle CORP | 股票-科技 | 2.13% | -0.06% | -1.02% | |
| 10 | JPM | Jpmorgan Chase & Co | 股票-金融 | 2.12% | +0.02% | -3.57% | |
| 11 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 2.05% | +0.14% | -11.65% | |
| 12 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 1.76% | -0.12% | -6.25% | |
| 13 | CWI | State Street Spdr Msci Acwi | ETF-其他 | 1.53% | +0.03% | -0.49% | |
| 14 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 1.40% | +0.05% | -0.04% | |
| 15 | AMZN | Amazon.com Inc | 股票-循環性消費 | 1.39% | -0.03% | -5.45% | |
| 16 | GLD | Spdr Gold Shares | ETF-避險與商品 | 1.16% | -0.25% | -2.58% | |
| 17 | IJS | Ishares S&p Small-cap 600 Va | ETF-其他 | 1.12% | +0.07% | +3.29% | |
| 18 | IJR | Ishares Core S&p Small-cap E | ETF-中小型股 | 1.08% | +0.10% | +1.65% | |
| 19 | CRM | Salesforce Inc | 股票-科技 | 0.99% | -0.20% | -1.79% | |
| 20 | IJJ | Ishares S&p Mid-cap 400 Valu | ETF-其他 | 0.97% | +0.02% | -0.24% | |
| 21 | IJH | Ishares Core S&p Midcap ETF | ETF-其他 | 0.91% | +0.05% | +2.86% | |
| 22 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.89% | +0.02% | -1.14% | |
| 23 | JPEM | JPM Diversified Ret Em Equit | ETF-其他 | 0.88% | -0.07% | +0.98% | |
| 24 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.88% | -0.14% | -4.39% | |
| 25 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.87% | -0.19% | -0.31% | |
| 26 | IJT | Ishares S&p Small-cap 600 Gr | ETF-其他 | 0.83% | +0.12% | +5.17% | |
| 27 | AVGO | Broadcom Inc | 股票-科技 | 0.77% | +0.04% | -10.29% | |
| 28 | IJK | Ishares S&p Mid-cap 400 Grow | ETF-其他 | 0.75% | +0.06% | -0.17% | |
| 29 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.75% | +0.12% | -0.44% | |
| 30 | IVE | Ishares S&p 500 Value ETF | ETF-大型股與成長 | 0.70% | -0.01% | +2.33% | |
| 31 | IWB | Ishares Russell 1000 ETF | ETF-其他 | 0.70% | +0.04% | — | |
| 32 | MDY | State Street Spdr S&p Midcap | ETF-其他 | 0.69% | +0.04% | — | |
| 33 | COF | Capital One Financial CORP | 股票-金融 | 0.67% | — | -5.09% | |
| 34 | EEM | Ishares Msci Emerging Market | ETF-新興市場 | 0.65% | +0.06% | -0.81% | |
| 35 | IVV | Ishares Core S&p 500 ETF | ETF-大型股與成長 | 0.62% | +0.04% | +2.77% | |
| 36 | V | Visa Inc-class A Shares | 股票-金融 | 0.61% | -0.01% | -6.24% | |
| 37 | CAT | Caterpillar Inc | 股票-工業 | 0.60% | +0.17% | -3.38% | |
| 38 | TSLA | Tesla Inc | 股票-循環性消費 | 0.60% | +0.01% | -3.53% | |
| 39 | ALL | Allstate CORP | 股票-金融 | 0.58% | +0.04% | -2.06% | |
| 40 | LOW | Lowe's Cos Inc | 股票-循環性消費 | 0.57% | -0.10% | — | |
| 41 | IVW | Ishares S&p 500 Growth ETF | ETF-大型股與成長 | 0.57% | +0.03% | +0.59% | |
| 42 | CSCO | Cisco Systems Inc | 股票-科技 | 0.54% | +0.19% | -3.72% | |
| 43 | EWJ | Ishares Msci Japan ETF | ETF-其他 | 0.50% | +0.01% | -1.08% | |
| 44 | CEG | Constellation Energy | 股票-公用事業 | 0.50% | -0.09% | -5.45% | |
| 45 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.49% | -0.01% | -9.15% | |
| 46 | IEMG | Ishares Core Msci Emerging | ETF-新興市場 | 0.47% | +0.05% | +0.19% | |
| 47 | ABT | Abbott Laboratories | 股票-醫療保健 | 0.46% | -0.09% | -1.55% | |
| 48 | RTX | Rtx CORP | 股票-工業 | 0.46% | -0.06% | -3.94% | |
| 49 | WMT | Walmart Inc | 股票-非循環性消費 | 0.46% | -0.10% | -7.17% | |
| 50 | TDTT | Flexshares Iboxx 3-year Targ | ETF-其他 | 0.44% | -0.04% | +0.97% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | AGG | Ishares Core U.s. Aggregate | +0.5% | +5.91% | 加碼 |
| 2 | GOOG | Alphabet Inc-cl C | +0.3% | -0.04% | 減碼 |
| 3 | GOOGL | Alphabet Inc-cl A | +0.3% | -11.65% | 減碼 |
| 4 | RGLD | Royal Gold Inc | +0.2% | +108.25% | 加碼 |
| 5 | LLY | Eli Lilly & Co | +0.2% | -0.44% | 減碼 |
| 6 | IEFA | Ishares Core Msci Eafe ETF | +0.2% | +0.27% | 加碼 |
| 7 | AAPL | Apple Inc | +0.2% | -5.17% | 減碼 |
| 8 | GLD | Spdr Gold Shares | +0.1% | -2.58% | 減碼 |
| 9 | CRM | Salesforce Inc | +0.1% | -1.79% | 減碼 |
| 10 | GSST | Goldman Sachs Ultra Short Bo | +0.1% | +2.68% | 加碼 |
| 11 | CAT | Caterpillar Inc | +0.1% | -3.38% | 減碼 |
| 12 | ISRG | Intuitive Surgical Inc | +0.1% | -2.80% | 減碼 |
| 13 | HD | Home Depot Inc | -0.1% | -3.80% | 減碼 |
| 14 | BRK-B | Berkshire Hathaway Inc-cl B | -0.1% | -6.25% | 減碼 |
| 15 | NFLX | Netflix Inc | -0.2% | +774.02% | 加碼 |
| 16 | EFA | Ishares Msci Eafe ETF | -0.2% | -34.19% | 減碼 |
| 17 | IWM | Ishares Russell 2000 ETF | -0.3% | -56.58% | 減碼 |
| 18 | NVDA | Nvidia CORP | -0.3% | -10.57% | 減碼 |
| 19 | MSFT | Microsoft CORP | -0.7% | -7.39% | 減碼 |
| 20 | ORCL | Oracle CORP | -0.9% | -1.02% | 減碼 |
| 21 | AYS1 | Sandstorm Gold LTD | — | EXIT | 清倉 |
| 22 | IMSR | Terrestrial Energy Inc | — | NEW | 新建倉 |
| 23 | SMR | Nuscale Power CORP | — | EXIT | 清倉 |
| 24 | CIEN | Ciena CORP | — | NEW | 新建倉 |
| 25 | FISV | Fiserv Inc | — | EXIT | 清倉 |
| 26 | ✓ | Ciena CORP | — | EXIT | 清倉 |
| 27 | ✓ | Tenet Healthcare Corp. | — | EXIT | 清倉 |
| 28 | THC | Tenet Healthcare CORP | — | NEW | 新建倉 |
| 29 | AMT | American Tower CORP | — | EXIT | 清倉 |
| 30 | LEN | Lennar Corp-a | — | EXIT | 清倉 |
| 31 | ECL | Ecolab Inc | — | EXIT | 清倉 |
| 32 | BRO | Brown & Brown Inc | — | EXIT | 清倉 |
| 33 | ALB | Albemarle CORP | — | NEW | 新建倉 |
| 34 | EW | Edwards Lifesciences CORP | — | NEW | 新建倉 |
| 35 | CCJ | Cameco CORP | — | NEW | 新建倉 |
| 36 | MTD | Mettler-toledo International | — | NEW | 新建倉 |
| 37 | OMC | Omnicom Group | — | NEW | 新建倉 |
| 38 | KEL | Kellanova | — | EXIT | 清倉 |
| 39 | ITW | Illinois Tool Works | — | EXIT | 清倉 |
| 40 | BMY | Bristol-myers Squibb Co | — | NEW | 新建倉 |
| 41 | RJF | Raymond James Financial Inc | — | EXIT | 清倉 |
| 42 | ZTS | Zoetis Inc | — | EXIT | 清倉 |
| 43 | ROST | Ross Stores Inc | — | NEW | 新建倉 |
| 44 | ETN | Eaton Corporation plc | — | EXIT | 清倉 |
| 45 | AN | Autonation Inc | — | EXIT | 清倉 |
| 46 | NVO | Novo-nordisk A/s-spons Adr | — | EXIT | 清倉 |
| 47 | LRCX | Lam Research CORP | — | NEW | 新建倉 |
| 48 | SNA | Snap-on Inc | — | NEW | 新建倉 |
| 49 | NOBL | Proshares S&p 500 Dividend A | — | NEW | 新建倉 |
| 50 | PCAR | Paccar Inc | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Tiemann Investment Advisors, LLC 在 Q4 2025 季度的美股持倉總市值約為 US$2.8億，共申報了 204 個公開持股部位。
在 Q4 2025 季度，Tiemann Investment Advisors, LLC 按市值排列的前三大核心持股分別為：AGG (8.0%)、AAPL (6.1%)、IUSB (5.3%)。其中最大持股部位 AGG 佔據整體投資組合約 8.0% 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
IMSR
市值: US$46.4萬
本季最大獲利了結 / 清倉標的
AYS1
前期市值: US$48.9萬
在 Q4 2025 季度中，Tiemann Investment Advisors, LLC 共進行了 50 項持倉異動，包含新建倉 14 個部位、加碼 5 個部位、減碼 15 個部位以及清倉 16 個部位。 其中最大新建倉標的為 IMSR。 本季清倉部位包含 AYS1。
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。