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: 0001071483
申報總市值
US$56.3億
US$56.3億
175 檔
8.1%
在 Q4 2025 申報期間，Todd Asset Management LLC（CIK: 0001071483）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$56.3億，共持有 175 個公開申報部位。
數據顯示 Todd Asset Management LLC 於 Q4 2025 季度持續回收資金，對 20 個既有部位進行裁減並清倉 9 個標的，組合整體流動性比重有所上升。
從部位權重觀察，前 5 大標的（包含 TEVA, SAN, RIO）累計市值佔比達 8.1%，是驅動 Todd Asset Management LLC 該季度整體投資組合績效表現的核心支柱。
| # | 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 | TEVA | Teva Pharmaceutical-sp Adr | 股票-醫療保健 | 2.30% | +0.06% | -6.43% | |
| 2 | SAN | Banco Santander Sa-spon Adr | 股票-金融 | 1.74% | +0.15% | +2.61% | |
| 3 | RIO | Rio Tinto Plc-spon Adr | 股票-原物料 | 1.69% | -0.12% | -0.83% | |
| 4 | VALE | Vale Sa-sp Adr | 股票-原物料 | 1.58% | -0.23% | +51.62% | |
| 5 | CB | Chubb Limited | 股票-金融 | 1.57% | +0.25% | +37.79% | |
| 6 | BCS | Barclays Plc-spons Adr | 股票-金融 | 1.55% | +0.08% | -11.10% | |
| 7 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.54% | +0.13% | -0.17% | |
| 8 | QCOM | Qualcomm Inc | 股票-科技 | 1.53% | +0.26% | +0.06% | |
| 9 | ING | Ing Groep N.v.-sponsored Adr | 股票-金融 | 1.51% | +0.11% | -1.13% | |
| 10 | JBL | Jabil Inc | 股票-科技 | 1.49% | +0.22% | +1.87% | |
| 11 | AER | AerCap Holdings N.V. | 股票-工業 | 1.47% | -0.08% | -1.73% | |
| 12 | NWG | Natwest Group PLC -spon Adr | 股票-金融 | 1.44% | +0.08% | -1.39% | |
| 13 | MDT | Medtronic plc | 股票-醫療保健 | 1.44% | -0.40% | +10.93% | |
| 14 | TTE | TotalEnergies SE | 股票-其他 | 1.42% | -0.45% | — | |
| 15 | GILD | Gilead Sciences Inc | 股票-醫療保健 | 1.40% | -0.63% | +1.62% | |
| 16 | SHEL | Shell Plc-adr | 股票-能源 | 1.38% | -0.45% | -0.56% | |
| 17 | AVGO | Broadcom Inc | 股票-科技 | 1.34% | +0.01% | -0.16% | |
| 18 | MS | Morgan Stanley | 股票-金融 | 1.31% | +0.21% | -0.18% | |
| 19 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 1.29% | -0.06% | +4.57% | |
| 20 | KR | Kroger Co | 股票-非循環性消費 | 1.27% | -0.52% | +3.30% | |
| 21 | MUFG | Mitsubishi Ufj Finl-spon Adr | 股票-金融 | 1.25% | +0.07% | -1.38% | |
| 22 | CSCO | Cisco Systems Inc | 股票-科技 | 1.22% | -0.01% | +14.97% | |
| 23 | CMI | Cummins Inc | 股票-工業 | 1.22% | +0.03% | -10.73% | |
| 24 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 1.21% | +0.49% | -1.28% | |
| 25 | NVS | Novartis Ag-sponsored Adr | 股票-醫療保健 | 1.17% | -0.41% | -1.28% | |
| 26 | PH | Parker Hannifin CORP | 股票-工業 | 1.13% | +0.01% | -0.18% | |
| 27 | CRH | CRH plc | 股票-原物料 | 1.13% | -0.07% | -1.40% | |
| 28 | CFG | Citizens Financial Group | 股票-金融 | 1.13% | +0.20% | +10.57% | |
| 29 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 1.09% | +0.18% | -0.17% | |
| 30 | KLAC | Kla CORP | 股票-科技 | 1.07% | +0.76% | -11.43% | |
| 31 | IX | Orix - Sponsored Adr | 股票-其他 | 1.04% | +0.15% | -1.05% | |
| 32 | TPR | Tapestry Inc | 股票-循環性消費 | 1.03% | +0.17% | -0.18% | |
| 33 | HCA | Hca Healthcare Inc | 股票-醫療保健 | 1.03% | -0.43% | -6.96% | |
| 34 | URI | United Rentals Inc | 股票-工業 | 1.03% | +0.41% | -0.16% | |
| 35 | ABBV | Abbvie Inc | 股票-醫療保健 | 1.00% | +0.23% | -0.13% | |
| 36 | NXPI | NXP Semiconductors N.V. | 股票-科技 | 0.99% | +0.55% | -0.27% | |
| 37 | BAC | Bank Of America CORP | 股票-金融 | 0.98% | +0.07% | -0.18% | |
| 38 | AXP | American Express Co | 股票-金融 | 0.97% | +0.03% | +0.32% | |
| 39 | FITB | Fifth Third Bancorp | 股票-金融 | 0.96% | +0.12% | -0.28% | |
| 40 | VIPS | Vipshop Holdings LTD - Adr | 股票-循環性消費 | 0.95% | -0.20% | +5.80% | |
| 41 | FSLR | First Solar Inc | 股票-科技 | 0.95% | +0.11% | -0.18% | |
| 42 | BABA | Alibaba Group Holding-sp Adr | 股票-循環性消費 | 0.94% | -0.44% | -1.33% | |
| 43 | T | At&t Inc | 股票-通訊服務 | 0.93% | — | +2.72% | |
| 44 | KB | Kb Financial Group Inc-adr | 股票-金融 | 0.93% | -0.06% | -0.94% | |
| 45 | MO | Altria Group Inc | 股票-非循環性消費 | 0.91% | +0.01% | -0.04% | |
| 46 | NTES | Netease Inc-adr | 股票-通訊服務 | 0.90% | +0.03% | -1.01% | |
| 47 | MCK | Mckesson CORP | 股票-醫療保健 | 0.89% | -0.17% | -0.19% | |
| 48 | CTSH | Cognizant Tech Solutions-a | 股票-科技 | 0.89% | -0.27% | -0.17% | |
| 49 | BTI | British American Tob-sp Adr | 股票-非循環性消費 | 0.88% | -0.03% | -0.40% | |
| 50 | MFC | Manulife Financial CORP | 股票-金融 | 0.88% | +0.05% | -10.83% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | VALE | Vale Sa-sp Adr | +0.7% | +51.62% | 加碼 |
| 2 | TEVA | Teva Pharmaceutical-sp Adr | +0.7% | -6.43% | 減碼 |
| 3 | CB | Chubb Limited | +0.5% | +37.79% | 加碼 |
| 4 | AKAM | Akamai Technologies Inc | +0.3% | +63.82% | 加碼 |
| 5 | NRG | Nrg Energy Inc | +0.3% | +75.96% | 加碼 |
| 6 | FTI | TechnipFMC plc | +0.3% | +52.17% | 加碼 |
| 7 | TXT | Textron Inc | +0.3% | +54.05% | 加碼 |
| 8 | BNY | Bank Of New York Mellon CORP | +0.3% | +37.48% | 加碼 |
| 9 | CSCO | Cisco Systems Inc | +0.2% | +14.97% | 加碼 |
| 10 | RIO | Rio Tinto Plc-spon Adr | +0.2% | -0.83% | 減碼 |
| 11 | NWG | Natwest Group PLC -spon Adr | +0.2% | -1.39% | 減碼 |
| 12 | GOOGL | Alphabet Inc-cl A | +0.2% | -0.17% | 減碼 |
| 13 | CFG | Citizens Financial Group | +0.2% | +10.57% | 加碼 |
| 14 | SAN | Banco Santander Sa-spon Adr | +0.2% | +2.61% | 加碼 |
| 15 | AER | AerCap Holdings N.V. | +0.2% | -1.73% | 減碼 |
| 16 | GEN | Gen Digital Inc | +0.2% | +33.49% | 加碼 |
| 17 | CTSH | Cognizant Tech Solutions-a | +0.2% | -0.17% | 減碼 |
| 18 | PH | Parker Hannifin CORP | +0.1% | -0.18% | 減碼 |
| 19 | GILD | Gilead Sciences Inc | +0.1% | +1.62% | 加碼 |
| 20 | MDT | Medtronic plc | +0.1% | +10.93% | 加碼 |
| 21 | AMP | Ameriprise Financial Inc | -0.2% | -19.17% | 減碼 |
| 22 | URI | United Rentals Inc | -0.2% | -0.16% | 減碼 |
| 23 | VZ | Verizon Communications Inc | -0.3% | -33.07% | 減碼 |
| 24 | DOX | Amdocs Limited | -0.3% | -26.86% | 減碼 |
| 25 | BABA | Alibaba Group Holding-sp Adr | -0.3% | -1.33% | 減碼 |
| 26 | SONY | Sony Group CORP - Sp Adr | -0.3% | -30.43% | 減碼 |
| 27 | JD | Jd.com Inc-adr | -0.3% | -20.56% | 減碼 |
| 28 | DELL | Dell Technologies -c | -0.3% | -12.45% | 減碼 |
| 29 | AZO | Autozone Inc | -0.4% | -30.63% | 減碼 |
| 30 | PGR | Progressive CORP | -0.4% | -41.85% | 減碼 |
| 31 | ORCL | Oracle CORP | -0.4% | -29.47% | 減碼 |
| 32 | MAS | Masco CORP | -0.5% | -34.66% | 減碼 |
| 33 | PSX | Phillips 66 | -0.5% | -95.22% | 減碼 |
| 34 | TTE | TotalEnergies SE | — | NEW | 新建倉 |
| 35 | TTEN | Totalenergies Se -spon Adr | — | EXIT | 清倉 |
| 36 | FISV | Fiserv Inc | — | EXIT | 清倉 |
| 37 | C | Citigroup Inc | — | NEW | 新建倉 |
| 38 | CBRE | Cbre Group Inc - A | — | EXIT | 清倉 |
| 39 | IPG | Interpublic Group Of Cos Inc | — | EXIT | 清倉 |
| 40 | FOXA | Fox CORP - Class A | — | EXIT | 清倉 |
| 41 | TKO | Tko Group Holdings Inc | — | NEW | 新建倉 |
| 42 | APTV | Aptiv PLC | — | NEW | 新建倉 |
| 43 | OMC | Omnicom Group | — | NEW | 新建倉 |
| 44 | CCK | Crown Holdings Inc | — | NEW | 新建倉 |
| 45 | GL | Globe Life Inc | — | NEW | 新建倉 |
| 46 | TMUS | T-mobile US Inc | — | EXIT | 清倉 |
| 47 | EMN | Eastman Chemical Co | — | EXIT | 清倉 |
| 48 | PAYC | Paycom Software Inc | — | EXIT | 清倉 |
| 49 | NFLX | Netflix Inc | — | NEW | 新建倉 |
| 50 | UL | Unilever PLC | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Todd Asset Management LLC 在 Q4 2025 季度的美股持倉總市值約為 US$56.3億，共申報了 175 個公開持股部位。
在 Q4 2025 季度，Todd Asset Management LLC 按市值排列的前三大核心持股分別為：TEVA (2.3%)、SAN (1.7%)、RIO (1.7%)。其中最大持股部位 TEVA 佔據整體投資組合約 2.3% 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$7268.7萬
本季最大獲利了結 / 清倉標的
TTEN
前期市值: US$6615.5萬
在 Q4 2025 季度中，Todd Asset Management LLC 共進行了 50 項持倉異動，包含新建倉 8 個部位、加碼 13 個部位、減碼 20 個部位以及清倉 9 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。