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: 0000861177
申報總市值
US$5500.9億
US$5500.9億
3285 檔
22.4%
在 Q4 2025 申報期間，UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC（CIK: 0000861177）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$5500.9億，共持有 3285 個公開申報部位。
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 於 Q4 2025 展現出進攻型調倉步調，本季推動了 20 檔股票的新建倉與 92 檔既有部位加碼，整體資金傾向擴大在美股市場的曝險佈局。
在資產配置集中度方面，UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 的前 5 大核心持股（包含 NVDA, MSFT, AAPL 等）合計佔整體申報市值的 22.4%，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 3285 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 | 7.72% | -0.14% | -0.25% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 6.15% | -0.54% | +1.06% | |
| 3 | AAPL | Apple Inc | 股票-科技 | 6.06% | -0.10% | +0.18% | |
| 4 | AMZN | Amazon.com Inc | 股票-循環性消費 | 3.41% | -0.17% | +0.86% | |
| 5 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 2.71% | +0.20% | -5.53% | |
| 6 | AVGO | Broadcom Inc | 股票-科技 | 2.44% | +0.25% | -6.32% | |
| 7 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 2.06% | +0.03% | +4.10% | |
| 8 | TSLA | Tesla Inc | 股票-循環性消費 | 1.92% | -0.04% | +2.08% | |
| 9 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.83% | -0.20% | +8.44% | |
| 10 | LLY | Eli Lilly & Co | 股票-醫療保健 | 1.48% | +0.22% | +1.03% | |
| 11 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.12% | -0.02% | -1.40% | |
| 12 | V | Visa Inc-class A Shares | 股票-金融 | 0.95% | +0.11% | -0.15% | |
| 13 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.84% | -0.07% | +21.11% | |
| 14 | AMD | Advanced Micro Devices | 股票-科技 | 0.84% | +1.04% | -1.17% | |
| 15 | MA | Mastercard Inc - A | 股票-金融 | 0.80% | -0.09% | -0.38% | |
| 16 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.76% | -0.15% | +8.66% | |
| 17 | NFLX | Netflix Inc | 股票-通訊服務 | 0.63% | -0.28% | +1064.28% | |
| 18 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.62% | +0.01% | +2.73% | |
| 19 | WMT | Walmart Inc | 股票-非循環性消費 | 0.62% | -0.14% | -7.41% | |
| 20 | HD | Home Depot Inc | 股票-循環性消費 | 0.58% | -0.07% | +1.94% | |
| 21 | CSCO | Cisco Systems Inc | 股票-科技 | 0.58% | +0.25% | -0.09% | |
| 22 | AMAT | Applied Materials Inc | 股票-科技 | 0.58% | +0.53% | +17.07% | |
| 23 | ORCL | Oracle CORP | 股票-科技 | 0.56% | -0.06% | +9.22% | |
| 24 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.54% | -0.09% | -7.90% | |
| 25 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 0.53% | -0.16% | -8.21% | |
| 26 | MU | Micron Technology Inc | 股票-科技 | 0.53% | +1.20% | -8.78% | |
| 27 | BAC | Bank Of America CORP | 股票-金融 | 0.51% | -0.02% | -6.22% | |
| 28 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 0.51% | +0.07% | +5.42% | |
| 29 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.50% | -0.08% | -10.06% | |
| 30 | CRM | Salesforce Inc | 股票-科技 | 0.47% | -0.11% | -0.69% | |
| 31 | KO | Coca-cola Co/the | 股票-非循環性消費 | 0.47% | -0.03% | +15.28% | |
| 32 | LRCX | Lam Research CORP | 股票-科技 | 0.46% | +0.39% | -0.08% | |
| 33 | IBM | Intl Business Machines CORP | 股票-科技 | 0.46% | +0.01% | +7.44% | |
| 34 | NOW | Servicenow Inc | 股票-科技 | 0.45% | -0.01% | +416.96% | |
| 35 | INTU | Intuit Inc | 股票-科技 | 0.44% | -0.12% | -5.72% | |
| 36 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.43% | -0.05% | -1.60% | |
| 37 | CAT | Caterpillar Inc | 股票-工業 | 0.43% | +0.13% | -13.11% | |
| 38 | QCOM | Qualcomm Inc | 股票-科技 | 0.42% | +0.02% | +13.85% | |
| 39 | GE | General Electric | 股票-工業 | 0.42% | +0.09% | -1.38% | |
| 40 | XOM | Exxon Mobil CORP | 股票-能源 | 0.41% | -0.29% | +18.22% | |
| 41 | DIS | Walt Disney Co/the | 股票-通訊服務 | 0.41% | -0.06% | -3.38% | |
| 42 | WFC | Wells Fargo & Co | 股票-金融 | 0.41% | -0.04% | +12.98% | |
| 43 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.39% | -0.02% | -10.21% | |
| 44 | LIN | Linde plc | 股票-原物料 | 0.38% | -0.36% | +27.68% | |
| 45 | ADBE | Adobe Inc | 股票-科技 | 0.38% | -0.06% | -1.71% | |
| 46 | AXP | American Express Co | 股票-金融 | 0.38% | -0.02% | +1.76% | |
| 47 | MCD | Mcdonald's CORP | 股票-循環性消費 | 0.36% | -0.14% | +7.43% | |
| 48 | INTC | Intel CORP | 股票-科技 | 0.35% | +0.69% | -5.12% | |
| 49 | ISRG | Intuitive Surgical Inc | 股票-醫療保健 | 0.35% | -0.08% | -7.19% | |
| 50 | COF | Capital One Financial CORP | 股票-金融 | 0.35% | -0.02% | -0.82% |
| # | 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% | +4.10% | 加碼 |
| 2 | GOOGL | Alphabet Inc-cl A | +0.4% | -5.53% | 減碼 |
| 3 | LLY | Eli Lilly & Co | +0.4% | +1.03% | 加碼 |
| 4 | AAPL | Apple Inc | +0.2% | +0.18% | 加碼 |
| 5 | AMD | Advanced Micro Devices | +0.2% | -1.17% | 減碼 |
| 6 | MU | Micron Technology Inc | +0.2% | -8.78% | 減碼 |
| 7 | AMAT | Applied Materials Inc | +0.2% | +17.07% | 加碼 |
| 8 | SPOT | Spotify Technology S.A. | +0.1% | +1382.32% | 加碼 |
| 9 | BRK-B | Berkshire Hathaway Inc-cl B | +0.1% | +21.11% | 加碼 |
| 10 | JNJ | Johnson & Johnson | +0.1% | +8.66% | 加碼 |
| 11 | NXPI | NXP Semiconductors N.V. | +0.1% | +34719.37% | 加碼 |
| 12 | AMZN | Amazon.com Inc | +0.1% | +0.86% | 加碼 |
| 13 | LRCX | Lam Research CORP | +0.1% | -0.08% | 減碼 |
| 14 | XOM | Exxon Mobil CORP | +0.1% | +18.22% | 加碼 |
| 15 | WFC | Wells Fargo & Co | +0.1% | +12.98% | 加碼 |
| 16 | VTR | Ventas Inc | +0.1% | +32509.26% | 加碼 |
| 17 | KO | Coca-cola Co/the | +0.1% | +15.28% | 加碼 |
| 18 | MRK | Merck & Co. Inc. | +0.1% | -1.60% | 減碼 |
| 19 | RCL | Royal Caribbean Cruises Ltd. | +0.1% | +25747.37% | 加碼 |
| 20 | AVB | Avalonbay Communities Inc | +0.1% | +15065.64% | 加碼 |
| 21 | VICI | Vici Properties Inc | +0.1% | +31134.92% | 加碼 |
| 22 | CSCO | Cisco Systems Inc | +0.1% | -0.09% | 減碼 |
| 23 | QCOM | Qualcomm Inc | +0.1% | +13.85% | 加碼 |
| 24 | RTX | Rtx CORP | +0.1% | +16.09% | 加碼 |
| 25 | GM | General Motors Co | +0.1% | +20.99% | 加碼 |
| 26 | IBM | Intl Business Machines CORP | +0.1% | +7.44% | 加碼 |
| 27 | TMO | Thermo Fisher Scientific Inc | +0.1% | +0.57% | 加碼 |
| 28 | CHKP | Check Point Software Technologies Ltd. | +0.1% | +26561.60% | 加碼 |
| 29 | ISRG | Intuitive Surgical Inc | 0% | -7.19% | 減碼 |
| 30 | VRTX | Vertex Pharmaceuticals Inc | 0% | +3.94% | 加碼 |
| 31 | LIN | Linde plc | 0% | +27.68% | 加碼 |
| 32 | AMGN | Amgen Inc | 0% | +1.20% | 加碼 |
| 33 | AXP | American Express Co | 0% | +1.76% | 加碼 |
| 34 | SUI | Sun Communities Inc | 0% | +37933.08% | 加碼 |
| 35 | CRM | Salesforce Inc | 0% | -0.69% | 減碼 |
| 36 | COF | Capital One Financial CORP | 0% | -0.82% | 減碼 |
| 37 | MS | Morgan Stanley | 0% | +0.92% | 加碼 |
| 38 | BMY | Bristol-myers Squibb Co | 0% | -1.61% | 減碼 |
| 39 | JKHY | Jack Henry & Associates Inc | 0% | +160.18% | 加碼 |
| 40 | WDC | Western Digital CORP | 0% | +6.01% | 加碼 |
| 41 | MAR | Marriott International -cl A | 0% | +37.85% | 加碼 |
| 42 | FLEX | Flex Ltd. | 0% | +694916.32% | 加碼 |
| 43 | REGN | Regeneron Pharmaceuticals | 0% | +0.14% | 加碼 |
| 44 | WRB | Wr Berkley CORP | 0% | +35572.54% | 加碼 |
| 45 | GILD | Gilead Sciences Inc | 0% | +0.09% | 加碼 |
| 46 | WPC | Wp Carey Inc | 0% | +31629.03% | 加碼 |
| 47 | ✓ | Cyberark Software LTD. Cmn | 0% | +26818.90% | 加碼 |
| 48 | PH | Parker Hannifin CORP | 0% | +3.79% | 加碼 |
| 49 | SHW | Sherwin-williams Co/the | 0% | +33.96% | 加碼 |
| 50 | BXP | Bxp Inc | 0% | +32286.68% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 在 Q4 2025 季度的美股持倉總市值約為 US$5500.9億，共申報了 3285 個公開持股部位。
在 Q4 2025 季度，UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 按市值排列的前三大核心持股分別為：NVDA (7.7%)、MSFT (6.2%)、AAPL (6.1%)。其中最大持股部位 NVDA 佔據整體投資組合約 7.7% 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
CB
市值: US$8.0億
本季最大獲利了結 / 清倉標的
KEL
前期市值: US$2.1億
在 Q4 2025 季度中，UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 共進行了 200 項持倉異動，包含新建倉 20 個部位、加碼 92 個部位、減碼 87 個部位以及清倉 1 個部位。 其中最大新建倉標的為 CB。 本季清倉部位包含 KEL。
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。