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: 0001587381
申報總市值
US$253.5億
US$253.5億
523 檔
21.2%
USS Investment Management Ltd 在 Q2 2025 季度的美股部位總計估值為 US$253.5億，分散於 523 個持倉標的之中，反映其市場參與廣度與投資規模。
Q2 2025 數據顯示 USS Investment Management Ltd 積極進場，新開立 4 個部位並同步加碼 31 檔個股，反映機構在該季度的資金注入與籌碼積累。
在資產配置集中度方面，USS Investment Management Ltd 的前 5 大核心持股（包含 SPYM, MSFT, NVDA 等）合計佔整體申報市值的 21.2%，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 523 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 | SPYM | Ste Str Spdr Pt S&p 500 ETF | ETF-大型股與成長 | 18.95% | +1.44% | +96.09% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 5.73% | -0.22% | +0.51% | |
| 3 | NVDA | Nvidia CORP | 股票-科技 | 3.77% | +0.17% | +1.11% | |
| 4 | AAPL | Apple Inc | 股票-科技 | 3.01% | +0.06% | +0.14% | |
| 5 | V | Visa Inc-class A Shares | 股票-金融 | 2.23% | +0.09% | -4.88% | |
| 6 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.06% | +0.33% | +1.88% | |
| 7 | FERG | Ferguson Enterprises Inc | 股票-工業 | 1.63% | -0.04% | — | |
| 8 | SPGI | S&p Global Inc | 股票-金融 | 1.62% | -0.05% | +0.22% | |
| 9 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.61% | -0.07% | +1.31% | |
| 10 | VRSK | Verisk Analytics Inc | 股票-工業 | 1.57% | -0.06% | +0.01% | |
| 11 | FAST | Fastenal Co | 股票-工業 | 1.48% | -0.04% | +99.99% | |
| 12 | HD | Home Depot Inc | 股票-循環性消費 | 1.45% | -0.31% | +0.06% | |
| 13 | AON | Aon plc | 股票-金融 | 1.43% | -0.01% | +0.07% | |
| 14 | ACN | Accenture plc | 股票-科技 | 1.38% | -0.04% | +0.12% | |
| 15 | AVGO | Broadcom Inc | 股票-科技 | 1.28% | +0.12% | +2.98% | |
| 16 | MAR | Marriott International -cl A | 股票-循環性消費 | 1.24% | -0.26% | -11.86% | |
| 17 | YUM | Yum! Brands Inc | 股票-循環性消費 | 1.20% | -0.09% | -13.32% | |
| 18 | MDT | Medtronic plc | 股票-醫療保健 | 1.16% | -0.11% | +0.10% | |
| 19 | OTIS | Otis Worldwide CORP | 股票-工業 | 1.14% | -0.08% | -19.50% | |
| 20 | JNJ | Johnson & Johnson | 股票-醫療保健 | 1.13% | -0.01% | +0.15% | |
| 21 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 1.02% | +0.15% | -0.64% | |
| 22 | CDNS | Cadence Design Sys Inc | 股票-科技 | 1.01% | -0.27% | +34.85% | |
| 23 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.98% | -0.03% | +0.09% | |
| 24 | CL | Colgate-palmolive Co | 股票-非循環性消費 | 0.96% | -0.01% | +27.47% | |
| 25 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.92% | +0.13% | +0.36% | |
| 26 | TSLA | Tesla Inc | 股票-循環性消費 | 0.89% | +0.14% | +1.24% | |
| 27 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 0.88% | +0.07% | +0.19% | |
| 28 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.82% | -0.01% | -0.62% | |
| 29 | ICE | Intercontinental Exchange In | 股票-金融 | 0.73% | -0.17% | +0.20% | |
| 30 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.67% | +0.11% | +0.95% | |
| 31 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.64% | -0.01% | +1.01% | |
| 32 | NFLX | Netflix Inc | 股票-通訊服務 | 0.56% | -0.09% | +0.40% | |
| 33 | APH | Amphenol Corp-cl A | 股票-科技 | 0.53% | +0.33% | +244.20% | |
| 34 | ICLR | ICON Public Limited Company | 股票-醫療保健 | 0.52% | +0.01% | — | |
| 35 | EWY | Ishares Msci South Korea ETF | ETF-其他 | 0.52% | +0.05% | +13.93% | |
| 36 | MA | Mastercard Inc - A | 股票-金融 | 0.47% | -0.02% | +0.49% | |
| 37 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.44% | -0.04% | +0.43% | |
| 38 | WMT | Walmart Inc | 股票-非循環性消費 | 0.43% | -0.07% | +0.80% | |
| 39 | ORCL | Oracle CORP | 股票-科技 | 0.36% | -0.01% | +1.63% | |
| 40 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.34% | +0.02% | +0.40% | |
| 41 | EWT | Ishares Msci Taiwan ETF | ETF-其他 | 0.32% | — | +111.77% | |
| 42 | MELI | Mercadolibre Inc | 股票-循環性消費 | 0.32% | -0.05% | +10.51% | |
| 43 | BAC | Bank Of America CORP | 股票-金融 | 0.32% | +0.01% | +0.59% | |
| 44 | CSCO | Cisco Systems Inc | 股票-科技 | 0.29% | +0.34% | +0.32% | |
| 45 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 0.28% | -0.04% | +4.61% | |
| 46 | GE | General Electric | 股票-工業 | 0.28% | +0.05% | +17.54% | |
| 47 | KO | Coca-cola Co/the | 股票-非循環性消費 | 0.28% | +0.02% | — | |
| 48 | LIN | Linde plc | 股票-原物料 | 0.28% | — | +2.21% | |
| 49 | IBM | Intl Business Machines CORP | 股票-科技 | 0.27% | +0.03% | +0.80% | |
| 50 | WFC | Wells Fargo & Co | 股票-金融 | 0.26% | -0.02% | -1.32% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | SPYM | Ste Str Spdr Pt S&p 500 ETF | +8.4% | +96.09% | 加碼 |
| 2 | NVDA | Nvidia CORP | +0.7% | +1.11% | 加碼 |
| 3 | MSFT | Microsoft CORP | +0.5% | +0.51% | 加碼 |
| 4 | APH | Amphenol Corp-cl A | +0.4% | +244.20% | 加碼 |
| 5 | AVGO | Broadcom Inc | +0.4% | +2.98% | 加碼 |
| 6 | CDNS | Cadence Design Sys Inc | +0.3% | +34.85% | 加碼 |
| 7 | FERG | Ferguson Enterprises Inc | +0.2% | — | 不變 |
| 8 | EWT | Ishares Msci Taiwan ETF | +0.2% | +111.77% | 加碼 |
| 9 | EWY | Ishares Msci South Korea ETF | +0.1% | +13.93% | 加碼 |
| 10 | META | Meta Platforms Inc-class A | +0.1% | +1.31% | 加碼 |
| 11 | MSTR | Strategy Inc | +0.1% | NEW | 新建倉 |
| 12 | NFLX | Netflix Inc | +0.1% | +0.40% | 加碼 |
| 13 | ORCL | Oracle CORP | +0.1% | +1.63% | 加碼 |
| 14 | TT | Trane Technologies plc | +0.1% | +466.27% | 加碼 |
| 15 | PLTR | Palantir Technologies Inc-a | +0.1% | +4.61% | 加碼 |
| 16 | AU | AngloGold Ashanti plc | +0.1% | NEW | 新建倉 |
| 17 | HOOD | Robinhood Markets Inc - A | +0.1% | NEW | 新建倉 |
| 18 | AXON | Axon Enterprise Inc | +0.1% | NEW | 新建倉 |
| 19 | MELI | Mercadolibre Inc | +0.1% | +10.51% | 加碼 |
| 20 | GE | General Electric | +0.1% | +17.54% | 加碼 |
| 21 | COF | Capital One Financial CORP | +0.1% | +78.87% | 加碼 |
| 22 | AMD | Advanced Micro Devices | 0% | +3.13% | 加碼 |
| 23 | CL | Colgate-palmolive Co | 0% | +27.47% | 加碼 |
| 24 | TSLA | Tesla Inc | 0% | +1.24% | 加碼 |
| 25 | NU | Nu Holdings Ltd. | 0% | — | 不變 |
| 26 | JPM | Jpmorgan Chase & Co | 0% | -0.62% | 減碼 |
| 27 | AMZN | Amazon.com Inc | -0.1% | +1.88% | 加碼 |
| 28 | GOOG | Alphabet Inc-cl C | -0.1% | +0.36% | 加碼 |
| 29 | GOOGL | Alphabet Inc-cl A | -0.1% | -0.64% | 減碼 |
| 30 | EPAM | Epam Systems Inc | -0.1% | EXIT | 清倉 |
| 31 | MCHI | Ishares Msci China ETF | -0.1% | EXIT | 清倉 |
| 32 | VALE | Vale Sa-sp Adr | -0.1% | EXIT | 清倉 |
| 33 | BABA | Alibaba Group Holding-sp Adr | -0.1% | EXIT | 清倉 |
| 34 | YUMC | Yum China Holdings Inc | -0.1% | EXIT | 清倉 |
| 35 | PDD | Pdd Holdings Inc | -0.1% | -20.70% | 減碼 |
| 36 | GEV | GE Vernova Inc | -0.1% | -98.52% | 減碼 |
| 37 | FAST | Fastenal Co | -0.2% | +99.99% | 加碼 |
| 38 | BRK-B | Berkshire Hathaway Inc-cl B | -0.2% | +1.01% | 加碼 |
| 39 | ICLR | ICON Public Limited Company | -0.2% | — | 不變 |
| 40 | VRSK | Verisk Analytics Inc | -0.3% | +0.01% | 加碼 |
| 41 | SPGI | S&p Global Inc | -0.3% | +0.22% | 加碼 |
| 42 | PG | Procter & Gamble Co/the | -0.3% | +0.09% | 加碼 |
| 43 | JNJ | Johnson & Johnson | -0.4% | +0.15% | 加碼 |
| 44 | ACN | Accenture plc | -0.4% | +0.12% | 加碼 |
| 45 | AON | Aon plc | -0.5% | +0.07% | 加碼 |
| 46 | YUM | Yum! Brands Inc | -0.6% | -13.32% | 減碼 |
| 47 | V | Visa Inc-class A Shares | -0.6% | -4.88% | 減碼 |
| 48 | OTIS | Otis Worldwide CORP | -0.6% | -19.50% | 減碼 |
| 49 | UNH | Unitedhealth Group Inc | -0.9% | +0.19% | 加碼 |
| 50 | AAPL | Apple Inc | -0.9% | +0.14% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，USS Investment Management Ltd 在 Q2 2025 季度的美股持倉總市值約為 US$253.5億，共申報了 523 個公開持股部位。
在 Q2 2025 季度，USS Investment Management Ltd 按市值排列的前三大核心持股分別為：SPYM (18.9%)、MSFT (5.7%)、NVDA (3.8%)。其中最大持股部位 SPYM 佔據整體投資組合約 18.9% 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
MSTR
市值: US$1655.4萬
本季最大獲利了結 / 清倉標的
BABA
前期市值: US$1157.5萬
在 Q2 2025 季度中，USS Investment Management Ltd 共進行了 47 項持倉異動，包含新建倉 4 個部位、加碼 31 個部位、減碼 7 個部位以及清倉 5 個部位。 其中最大新建倉標的為 MSTR。 本季清倉部位包含 BABA。
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。