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: 0002023386
申報總市值
US$4.0億
US$4.0億
154 檔
13.5%
在 Q3 2025 的 13F 官方備案中，Vista Investment Partners LLC 管理的美股投資組合規模來到 US$4.0億，整體持股檔數為 154 檔。
觀察 Q3 2025 的資金脈絡，Vista Investment Partners LLC 在獲利結算 5 檔個股的同時，將資本重新部署至 4 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 SPY, AAPL, XOM）累計市值佔比達 13.5%，是驅動 Vista Investment Partners 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 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 3.42% | +0.30% | +0.21% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 3.36% | +0.38% | -0.47% | |
| 3 | XOM | Exxon Mobil CORP | 股票-能源 | 3.08% | -0.97% | -5.00% | |
| 4 | ARLP | Alliance Resource Partners | 股票-其他 | 2.57% | -0.47% | — | |
| 5 | KLAC | Kla CORP | 股票-科技 | 2.56% | +0.56% | +0.08% | |
| 6 | AVDE | Avantis International Equity | ETF-其他 | 2.29% | -0.06% | +12.38% | |
| 7 | CVX | Chevron CORP | 股票-能源 | 2.28% | -0.68% | — | |
| 8 | ORCL | Oracle CORP | 股票-科技 | 2.25% | -0.01% | -18.28% | |
| 9 | ORLY | O'reilly Automotive Inc | 股票-循環性消費 | 2.12% | -0.12% | -0.11% | |
| 10 | AVGO | Broadcom Inc | 股票-科技 | 2.10% | +0.01% | -0.36% | |
| 11 | ADP | Automatic Data Processing | 股票-科技 | 2.07% | +0.03% | +0.34% | |
| 12 | PH | Parker Hannifin CORP | 股票-工業 | 1.88% | +0.02% | -0.10% | |
| 13 | ABBV | Abbvie Inc | 股票-醫療保健 | 1.88% | +0.17% | +0.06% | |
| 14 | MA | Mastercard Inc - A | 股票-金融 | 1.86% | -0.07% | -0.09% | |
| 15 | OGE | Oge Energy CORP | 股票-公用事業 | 1.83% | -0.06% | +0.10% | |
| 16 | COR | Cencora Inc | 股票-醫療保健 | 1.71% | -0.27% | -0.12% | |
| 17 | MSFT | Microsoft CORP | 股票-科技 | 1.65% | -0.06% | -0.38% | |
| 18 | SYF | Synchrony Financial | 股票-金融 | 1.56% | — | -0.03% | |
| 19 | SGI | Somnigroup International Inc | 股票-循環性消費 | 1.53% | -0.01% | -0.02% | |
| 20 | TNL | Travel + Leisure Co | 股票-循環性消費 | 1.49% | +0.04% | -0.10% | |
| 21 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 1.45% | +0.33% | -1.04% | |
| 22 | NVDA | Nvidia CORP | 股票-科技 | 1.44% | +0.13% | -0.98% | |
| 23 | THC | Tenet Healthcare CORP | 股票-醫療保健 | 1.43% | -1.29% | EXIT | |
| 24 | AVAV | Aerovironment Inc | 股票-工業 | 1.36% | +0.03% | -0.11% | |
| 25 | HD | Home Depot Inc | 股票-循環性消費 | 1.34% | — | -10.14% | |
| 26 | FITB | Fifth Third Bancorp | 股票-金融 | 1.32% | +0.17% | -0.18% | |
| 27 | TJX | Tjx Companies Inc | 股票-循環性消費 | 1.28% | -0.17% | -0.18% | |
| 28 | VZ | Verizon Communications Inc | 股票-通訊服務 | 1.28% | -0.24% | +0.22% | |
| 29 | KR | Kroger Co | 股票-非循環性消費 | 1.27% | -1.34% | EXIT | |
| 30 | BJ | Bj's Wholesale Club Holdings | 股票-非循環性消費 | 1.27% | -1.31% | EXIT | |
| 31 | TSLA | Tesla Inc | 股票-循環性消費 | 1.18% | +0.07% | -2.32% | |
| 32 | AVUV | Avantis US Small Cap Value | ETF-中小型股 | 1.15% | +0.69% | +10.88% | |
| 33 | JHSC | John Hancock Multi Small Cap | ETF-中小型股 | 1.14% | +0.04% | +11.28% | |
| 34 | MSI | Motorola Solutions Inc | 股票-科技 | 1.09% | — | +0.06% | |
| 35 | TRI4EUR | Thomson Reuters CORP | 股票-其他 | 1.09% | — | -0.38% | |
| 36 | LLY | Eli Lilly & Co | 股票-醫療保健 | 1.04% | +0.21% | +2.54% | |
| 37 | CB | Chubb Limited | 股票-金融 | 1.02% | -0.02% | +0.74% | |
| 38 | DRI | Darden Restaurants Inc | 股票-循環性消費 | 1.02% | -0.03% | +0.23% | |
| 39 | ZTS | Zoetis Inc | 股票-醫療保健 | 1.02% | — | +0.02% | |
| 40 | HCA | Hca Healthcare Inc | 股票-醫療保健 | 1.02% | -1.10% | EXIT | |
| 41 | HON | Honeywell International Inc | 股票-工業 | 1.01% | -1.10% | EXIT | |
| 42 | PNC | Pnc Financial Services Group | 股票-金融 | 0.96% | +0.11% | +0.19% | |
| 43 | PAYX | Paychex Inc | 股票-科技 | 0.94% | — | +0.75% | |
| 44 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.94% | +0.01% | -0.31% | |
| 45 | MAR | Marriott International -cl A | 股票-循環性消費 | 0.93% | +0.06% | +0.12% | |
| 46 | JHG | Janus Henderson Group plc | 股票-金融 | 0.92% | — | +0.03% | |
| 47 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.88% | +0.05% | -4.37% | |
| 48 | GWW | Ww Grainger Inc | 股票-工業 | 0.86% | +0.22% | +0.15% | |
| 49 | MCD | Mcdonald's CORP | 股票-循環性消費 | 0.77% | -0.13% | +0.15% | |
| 50 | AVUS | Avantis U.s. Equity ETF | ETF-其他 | 0.73% | +0.79% | NEW |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | AVGO | Broadcom Inc | +1.5% | -0.36% | 加碼 |
| 2 | TNL | Travel + Leisure Co | +0.8% | -0.10% | 加碼 |
| 3 | AVAV | Aerovironment Inc | +0.8% | -0.11% | 減碼 |
| 4 | KLAC | Kla CORP | +0.8% | +0.08% | 減碼 |
| 5 | AVDE | Avantis International Equity | +0.8% | +12.38% | 加碼 |
| 6 | AVUV | Avantis US Small Cap Value | +0.8% | +10.88% | 加碼 |
| 7 | JHSC | John Hancock Multi Small Cap | +0.8% | +11.28% | 加碼 |
| 8 | ORCL | Oracle CORP | +0.8% | -18.28% | 減碼 |
| 9 | NVDA | Nvidia CORP | +0.6% | -0.98% | 加碼 |
| 10 | THC | Tenet Healthcare CORP | +0.4% | -0.06% | 加碼 |
| 11 | TSLA | Tesla Inc | +0.4% | -2.32% | 減碼 |
| 12 | SGI | Somnigroup International Inc | +0.4% | -0.02% | 加碼 |
| 13 | PFE | Pfizer Inc | +0.3% | +236.08% | 加碼 |
| 14 | PM | Philip Morris International | +0.3% | +98.91% | 加碼 |
| 15 | SPY | Ss Spdr S&p 500 ETF Trust-us | +0.3% | +0.21% | 加碼 |
| 16 | SYF | Synchrony Financial | +0.3% | -0.03% | 減碼 |
| 17 | PLTR | Palantir Technologies Inc-a | +0.3% | +1.88% | 加碼 |
| 18 | QQQ | Invesco Qqq Trust Series 1 | +0.2% | -1.04% | 加碼 |
| 19 | PH | Parker Hannifin CORP | +0.2% | -0.10% | 減碼 |
| 20 | MSFT | Microsoft CORP | +0.2% | -0.38% | 減碼 |
| 21 | DRI | Darden Restaurants Inc | +0.2% | +0.23% | 加碼 |
| 22 | BTU | Peabody Energy CORP | +0.2% | -0.26% | 加碼 |
| 23 | GOOGL | Alphabet Inc-cl A | +0.2% | -0.04% | 不變 |
| 24 | HCA | Hca Healthcare Inc | +0.1% | -0.17% | 加碼 |
| 25 | JHG | Janus Henderson Group plc | +0.1% | +0.03% | 加碼 |
| 26 | TJX | Tjx Companies Inc | +0.1% | -0.18% | 減碼 |
| 27 | AAPL | Apple Inc | +0.1% | -0.47% | 減碼 |
| 28 | ORLY | O'reilly Automotive Inc | +0.1% | -0.11% | 加碼 |
| 29 | COR | Cencora Inc | 0% | -0.12% | 減碼 |
| 30 | ABBV | Abbvie Inc | 0% | +0.06% | 加碼 |
| 31 | KO | Coca-cola Co/the | -0.3% | -22.24% | 減碼 |
| 32 | OKE | Oneok Inc | -0.3% | -3.17% | 減碼 |
| 33 | BP | Bp Plc-spons Adr | -0.3% | — | 減碼 |
| 34 | PAYX | Paychex Inc | -0.3% | +0.75% | 加碼 |
| 35 | CSCO | Cisco Systems Inc | -0.4% | +0.08% | 減碼 |
| 36 | CVX | Chevron CORP | -0.4% | — | 減碼 |
| 37 | BJ | Bj's Wholesale Club Holdings | -0.4% | -0.04% | 減碼 |
| 38 | ARLP | Alliance Resource Partners | -0.5% | — | 不變 |
| 39 | T | At&t Inc | -0.5% | -55.40% | 減碼 |
| 40 | XOM | Exxon Mobil CORP | -0.7% | -5.00% | 減碼 |
| 41 | CAT | Caterpillar Inc | -1% | +1.45% | 減碼 |
| 42 | SFM | Sprouts Farmers Market Inc | — | EXIT | 清倉 |
| 43 | PULS | Pgim Ultra Short Bond ETF | — | EXIT | 清倉 |
| 44 | ACN | Accenture plc | — | EXIT | 清倉 |
| 45 | AVUS | Avantis U.s. Equity ETF | — | NEW | 新建倉 |
| 46 | PHM | Pultegroup Inc | — | EXIT | 清倉 |
| 47 | VOO | Vanguard S&p 500 ETF | — | NEW | 新建倉 |
| 48 | NDAQ | Nasdaq Inc | — | EXIT | 清倉 |
| 49 | PANW | Palo Alto Networks Inc | — | NEW | 新建倉 |
| 50 | AMBA | Ambarella, Inc. | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Vista Investment Partners LLC 在 Q3 2025 季度的美股持倉總市值約為 US$4.0億，共申報了 154 個公開持股部位。
在 Q3 2025 季度，Vista Investment Partners LLC 按市值排列的前三大核心持股分別為：SPY (3.4%)、AAPL (3.4%)、XOM (3.1%)。其中最大持股部位 SPY 佔據整體投資組合約 3.4% 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
AVUS
市值: US$261.9萬
本季最大獲利了結 / 清倉標的
SFM
前期市值: US$1003.4萬
在 Q3 2025 季度中，Vista Investment Partners LLC 共進行了 48 項持倉異動，包含新建倉 4 個部位、加碼 20 個部位、減碼 19 個部位以及清倉 5 個部位。 其中最大新建倉標的為 AVUS。 本季清倉部位包含 SFM。
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。