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: 0001367401
申報總市值
US$130.8億
US$130.8億
244 檔
21.3%
Van Lanschot Kempen Investment Management N.v. 在 Q3 2025 季度的美股部位總計估值為 US$130.8億，分散於 244 個持倉標的之中，反映其市場參與廣度與投資規模。
觀察 Q3 2025 的資金脈絡，Van Lanschot Kempen Investment Management N.v. 在獲利結算 22 檔個股的同時，將資本重新部署至 37 檔新選標的，展現主動管理機構的輪動節奏。
從部位權重觀察，前 5 大標的（包含 MSFT, GOOGL, META）累計市值佔比達 21.3%，是驅動 Van Lanschot Kempen Investment Management N.v. 該季度整體投資組合績效表現的核心支柱。
僅顯示前 200 大持股（共 244 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 | MSFT | Microsoft CORP | 股票-科技 | 6.19% | -0.62% | -0.89% | |
| 2 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 5.68% | +0.45% | -5.39% | |
| 3 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 4.55% | -0.50% | -3.08% | |
| 4 | KKR | Kkr & Co Inc | 股票-金融 | 4.41% | -0.43% | +0.00% | |
| 5 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 4.03% | -0.32% | -0.75% | |
| 6 | NXPI | NXP Semiconductors N.V. | 股票-科技 | 3.80% | +1.50% | +3.32% | |
| 7 | AMZN | Amazon.com Inc | 股票-循環性消費 | 3.46% | +0.26% | +2.85% | |
| 8 | MKL | Markel Group Inc | 股票-金融 | 3.09% | -0.36% | +10.65% | |
| 9 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 2.73% | +1.29% | -8.63% | |
| 10 | C | Citigroup Inc | 股票-金融 | 2.55% | +0.04% | -4.26% | |
| 11 | TMO | Thermo Fisher Scientific Inc | 股票-醫療保健 | 2.24% | -0.19% | -0.11% | |
| 12 | LFUS | Littelfuse Inc | 股票-科技 | 2.18% | +0.33% | -0.91% | |
| 13 | SPOT | Spotify Technology S.A. | 股票-通訊服務 | 2.04% | -0.02% | +0.82% | |
| 14 | NVDA | Nvidia CORP | 股票-科技 | 1.92% | -0.04% | -3.42% | |
| 15 | PTC | Ptc Inc | 股票-科技 | 1.85% | -0.54% | +0.14% | |
| 16 | CPAY | Corpay Inc | 股票-科技 | 1.72% | +0.02% | +10.17% | |
| 17 | V | Visa Inc-class A Shares | 股票-金融 | 1.70% | +0.65% | +9.34% | |
| 18 | BRO | Brown & Brown Inc | 股票-金融 | 1.63% | -0.07% | — | |
| 19 | CB | Chubb Limited | 股票-金融 | 1.61% | -0.14% | +9.19% | |
| 20 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 1.48% | +0.10% | -0.54% | |
| 21 | AAPL | Apple Inc | 股票-科技 | 1.26% | +0.03% | -5.13% | |
| 22 | NVR | Nvr Inc | 股票-循環性消費 | 1.25% | -0.09% | +25.27% | |
| 23 | ADI | Analog Devices Inc | 股票-科技 | 1.21% | -0.01% | +0.88% | |
| 24 | LEN | Lennar Corp-a | 股票-循環性消費 | 1.16% | -0.17% | +25.95% | |
| 25 | DHR | Danaher CORP | 股票-醫療保健 | 1.04% | -0.02% | -0.29% | |
| 26 | BRK-A | Berkshire Hathaway Inc-cl A | 股票-其他 | 0.88% | -0.07% | — | |
| 27 | AVGO | Broadcom Inc | 股票-科技 | 0.84% | +0.08% | -1.85% | |
| 28 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.61% | -0.01% | -15.98% | |
| 29 | DGX | Quest Diagnostics Inc | 股票-醫療保健 | 0.58% | -0.05% | -16.30% | |
| 30 | WTFC | Wintrust Financial CORP | 股票-金融 | 0.56% | +0.05% | +20.75% | |
| 31 | SF | Stifel Financial CORP | 股票-金融 | 0.55% | -0.03% | +33.45% | |
| 32 | MHK | Mohawk Industries Inc | 股票-循環性消費 | 0.54% | -0.06% | +113.69% | |
| 33 | BC | Brunswick CORP | 股票-循環性消費 | 0.51% | -0.01% | +23.10% | |
| 34 | INVH | Invitation Homes Inc | 股票-房地產 | 0.51% | +0.04% | +12.36% | |
| 35 | RY | Royal Bank Of Canada | 股票-金融 | 0.49% | +0.04% | -0.42% | |
| 36 | CSCO | Cisco Systems Inc | 股票-科技 | 0.49% | -0.02% | +9.20% | |
| 37 | EHC | Encompass Health CORP | 股票-醫療保健 | 0.48% | -0.03% | +32.02% | |
| 38 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.45% | -0.22% | +4.81% | |
| 39 | BLK | Blackrock Inc | 股票-金融 | 0.43% | +0.01% | -2.01% | |
| 40 | PLD | Prologis Inc | 股票-房地產 | 0.42% | -0.04% | +68.13% | |
| 41 | AMH | American Homes 4 Rent- A | 股票-房地產 | 0.40% | +0.07% | -15.61% | |
| 42 | TXN | Texas Instruments Inc | 股票-科技 | 0.39% | -0.13% | +42.37% | |
| 43 | NVST | Envista Holdings CORP | 股票-醫療保健 | 0.37% | -0.07% | -12.30% | |
| 44 | FHN | First Horizon CORP | 股票-金融 | 0.37% | -0.11% | +39.26% | |
| 45 | LITE | Lumentum Holdings Inc | 股票-科技 | 0.36% | -0.03% | -59.66% | |
| 46 | FIS | Fidelity National Info Serv | 股票-科技 | 0.36% | -0.06% | +30.58% | |
| 47 | STRA | Strategic Education Inc | 股票-其他 | 0.35% | -0.07% | -8.05% | |
| 48 | FSLR | First Solar Inc | 股票-科技 | 0.35% | +0.07% | -12.81% | |
| 49 | MWA | Mueller Water Products Inc-a | 股票-工業 | 0.35% | -0.01% | +2.95% | |
| 50 | VSH | Vishay Intertechnology Inc | 股票-其他 | 0.34% | -0.03% | +2.70% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | GOOGL | Alphabet Inc-cl A | +1.2% | -5.39% | 減碼 |
| 2 | LFUS | Littelfuse Inc | +0.9% | -0.91% | 加碼 |
| 3 | MSFT | Microsoft CORP | +0.8% | -0.89% | 減碼 |
| 4 | META | Meta Platforms Inc-class A | +0.6% | -3.08% | 加碼 |
| 5 | TSM | Taiwan Semiconductor-sp Adr | +0.6% | -8.63% | 減碼 |
| 6 | TMO | Thermo Fisher Scientific Inc | +0.6% | -0.11% | 加碼 |
| 7 | NVDA | Nvidia CORP | +0.6% | -3.42% | 減碼 |
| 8 | C | Citigroup Inc | +0.4% | -4.26% | 減碼 |
| 9 | KKR | Kkr & Co Inc | +0.4% | +0.00% | 加碼 |
| 10 | NXPI | NXP Semiconductors N.V. | +0.4% | +3.32% | 加碼 |
| 11 | MHK | Mohawk Industries Inc | +0.3% | +113.69% | 加碼 |
| 12 | SPOT | Spotify Technology S.A. | +0.3% | +0.82% | 加碼 |
| 13 | FHN | First Horizon CORP | +0.3% | +39.26% | 加碼 |
| 14 | AVGO | Broadcom Inc | +0.3% | -1.85% | 減碼 |
| 15 | MKL | Markel Group Inc | +0.2% | +10.65% | 加碼 |
| 16 | PLD | Prologis Inc | +0.2% | +68.13% | 加碼 |
| 17 | PTC | Ptc Inc | +0.2% | +0.14% | 加碼 |
| 18 | AMZN | Amazon.com Inc | +0.2% | +2.85% | 加碼 |
| 19 | BC | Brunswick CORP | +0.2% | +23.10% | 加碼 |
| 20 | OMC | Omnicom Group | +0.2% | +1.91% | 加碼 |
| 21 | TNC | Tennant Co | +0.2% | +55.36% | 加碼 |
| 22 | FSLR | First Solar Inc | +0.1% | -12.81% | 加碼 |
| 23 | BAC | Bank Of America CORP | +0.1% | +32.81% | 加碼 |
| 24 | LXPUSD | Lxp Industrial Trust | +0.1% | +41.56% | 加碼 |
| 25 | ETR | Entergy CORP | +0.1% | +119.03% | 加碼 |
| 26 | TTWO | Take-two Interactive Softwre | +0.1% | -3.20% | 加碼 |
| 27 | ADI | Analog Devices Inc | +0.1% | +0.88% | 加碼 |
| 28 | SPG | Simon Property Group Inc | +0.1% | -26.38% | 加碼 |
| 29 | STAG | Stag Industrial Inc | +0.1% | +101.59% | 加碼 |
| 30 | ECL | Ecolab Inc | +0.1% | -1.26% | 加碼 |
| 31 | BN | Brookfield CORP | +0.1% | +25.15% | 加碼 |
| 32 | CPAY | Corpay Inc | +0.1% | +10.17% | 加碼 |
| 33 | LITE | Lumentum Holdings Inc | +0.1% | -59.66% | 減碼 |
| 34 | NE | Noble Corporation plc | +0.1% | +3.33% | 加碼 |
| 35 | AKAM | Akamai Technologies Inc | +0.1% | +39.17% | 加碼 |
| 36 | WFC | Wells Fargo & Co | +0.1% | -1.11% | 加碼 |
| 37 | MPC | Marathon Petroleum CORP | +0.1% | -9.82% | 加碼 |
| 38 | GRMN | Garmin Ltd. | +0.1% | +2183.44% | 加碼 |
| 39 | BKR | Baker Hughes Co | +0.1% | +2.22% | 加碼 |
| 40 | PEG | Public Service Enterprise Gp | 0% | +34.24% | 加碼 |
| 41 | OTIS | Otis Worldwide CORP | 0% | -1.20% | 加碼 |
| 42 | TJX | Tjx Companies Inc | 0% | +1.02% | 加碼 |
| 43 | EA | Electronic Arts Inc | 0% | +1.79% | 加碼 |
| 44 | APLE | Apple Hospitality Reit Inc | 0% | -38.63% | 加碼 |
| 45 | BKNG | Booking Holdings Inc | 0% | -0.75% | 加碼 |
| 46 | TXN | Texas Instruments Inc | 0% | +42.37% | 加碼 |
| 47 | FIS | Fidelity National Info Serv | 0% | +30.58% | 加碼 |
| 48 | EQIX | Equinix Inc | 0% | -2.49% | 加碼 |
| 49 | NFLX | Netflix Inc | 0% | -1.05% | 加碼 |
| 50 | ABT | Abbott Laboratories | 0% | -1.19% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Van Lanschot Kempen Investment Management N.v. 在 Q3 2025 季度的美股持倉總市值約為 US$130.8億，共申報了 244 個公開持股部位。
在 Q3 2025 季度，Van Lanschot Kempen Investment Management N.v. 按市值排列的前三大核心持股分別為：MSFT (6.2%)、GOOGL (5.7%)、META (4.5%)。其中最大持股部位 MSFT 佔據整體投資組合約 6.2% 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
BRO
市值: US$1.8億
本季最大獲利了結 / 清倉標的
JNJ
前期市值: US$1.5億
在 Q3 2025 季度中，Van Lanschot Kempen Investment Management N.v. 共進行了 199 項持倉異動，包含新建倉 37 個部位、加碼 70 個部位、減碼 70 個部位以及清倉 22 個部位。 其中最大新建倉標的為 BRO。 本季清倉部位包含 JNJ。
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。