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: 0001061186
申報總市值
US$551.6億
US$551.6億
228 檔
27.8%
在 Q3 2025 的 13F 官方備案中，Wcm Investment Management, LLC 管理的美股投資組合規模來到 US$551.6億，整體持股檔數為 228 檔。
觀察 Q3 2025 的資金脈絡，Wcm Investment Management, LLC 在獲利結算 57 檔個股的同時，將資本重新部署至 30 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 SE, APP, TSM）累計市值佔比達 27.8%，是驅動 Wcm Investment Management, LLC 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 228 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 | SE | Sea Ltd-adr | 股票-通訊服務 | 9.84% | -0.32% | +0.95% | |
| 2 | APP | Applovin Corp-class A | 股票-科技 | 7.32% | -0.90% | -15.66% | |
| 3 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 5.74% | +0.90% | +0.32% | |
| 4 | SPOT | Spotify Technology S.A. | 股票-通訊服務 | 5.08% | -0.24% | -0.00% | |
| 5 | ASML | ASML Holding N.V. | 股票-科技 | 3.87% | +0.59% | +24.90% | |
| 6 | PM | Philip Morris International | 股票-非循環性消費 | 3.82% | -0.64% | -0.04% | |
| 7 | IBN | Icici Bank Ltd-spon Adr | 股票-金融 | 3.42% | -0.26% | -0.53% | |
| 8 | LIN | Linde plc | 股票-原物料 | 3.35% | -0.73% | -0.54% | |
| 9 | CPNG | Coupang Inc | 股票-循環性消費 | 3.35% | — | -0.31% | |
| 10 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.86% | -0.03% | +0.42% | |
| 11 | MELI | Mercadolibre Inc | 股票-循環性消費 | 2.59% | — | +0.37% | |
| 12 | CP | Canadian Pacific Kansas City | 股票-工業 | 2.56% | -0.44% | +0.06% | |
| 13 | ACGL | Arch Capital Group Ltd. | 股票-金融 | 2.53% | -0.62% | +1.29% | |
| 14 | NU | Nu Holdings Ltd. | 股票-金融 | 2.47% | -0.48% | +0.89% | |
| 15 | STX | Seagate Technology Holdings plc | 股票-科技 | 2.47% | +5.74% | — | |
| 16 | HOOD | Robinhood Markets Inc - A | 股票-金融 | 2.46% | +0.11% | -25.21% | |
| 17 | WCN | Waste Connections Inc | 股票-工業 | 2.34% | -0.28% | -0.61% | |
| 18 | MSFT | Microsoft CORP | 股票-科技 | 2.09% | -0.26% | -1.69% | |
| 19 | MNDY | monday.com Ltd. | 股票-科技 | 1.76% | — | +2.83% | |
| 20 | NVDA | Nvidia CORP | 股票-科技 | 1.74% | -0.07% | -28.99% | |
| 21 | WDC | Western Digital CORP | 股票-科技 | 1.65% | -1.84% | — | |
| 22 | AJG | Arthur J Gallagher & Co | 股票-金融 | 1.55% | -0.16% | -1.33% | |
| 23 | MCK | Mckesson CORP | 股票-醫療保健 | 1.53% | -0.53% | -1.25% | |
| 24 | V | Visa Inc-class A Shares | 股票-金融 | 1.51% | -0.10% | -1.39% | |
| 25 | AON | Aon plc | 股票-金融 | 1.50% | -0.33% | -0.12% | |
| 26 | GE | General Electric | 股票-工業 | 1.44% | -0.33% | -1.44% | |
| 27 | GLW | Corning Inc | 股票-科技 | 1.41% | +0.37% | — | |
| 28 | CTVA | Corteva Inc | 股票-原物料 | 1.26% | -0.30% | -1.23% | |
| 29 | LPLA | Lpl Financial Holdings Inc | 股票-金融 | 1.24% | -0.31% | +0.71% | |
| 30 | GDDY | Godaddy Inc - Class A | 股票-科技 | 1.10% | -0.62% | +1.80% | |
| 31 | RGA | Reinsurance Group Of America | 股票-金融 | 1.08% | -0.12% | +3.58% | |
| 32 | VRTX | Vertex Pharmaceuticals Inc | 股票-醫療保健 | 0.95% | -0.09% | -1.16% | |
| 33 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 0.90% | — | -1.32% | |
| 34 | GEV | GE Vernova Inc | 股票-工業 | 0.85% | — | +3.37% | |
| 35 | ILMN | Illumina Inc | 股票-醫療保健 | 0.80% | +0.41% | -5.53% | |
| 36 | SAP | Sap Se-sponsored Adr | 股票-科技 | 0.67% | -0.32% | EXIT | |
| 37 | STE | STERIS plc | 股票-醫療保健 | 0.60% | — | -44.17% | |
| 38 | UBS | UBS Group AG | 股票-金融 | 0.45% | +0.06% | -0.08% | |
| 39 | RACE | Ferrari N.V. | 股票-循環性消費 | 0.43% | — | -4.32% | |
| 40 | AZNN | Astrazeneca Plc-spons Adr | 股票-其他 | 0.41% | — | +0.40% | |
| 41 | CLS | Celestica Inc | 股票-科技 | 0.36% | +0.05% | -20.67% | |
| 42 | NVO | Novo-nordisk A/s-spons Adr | 股票-醫療保健 | 0.32% | +0.03% | +3.70% | |
| 43 | CNQ | Canadian Natural Resources | 股票-能源 | 0.31% | -0.16% | +0.02% | |
| 44 | THC | Tenet Healthcare CORP | 股票-醫療保健 | 0.21% | — | +244.42% | |
| 45 | ✓ | Inter & Co Inc | 股票-其他 | 0.20% | -0.18% | +21.34% | |
| 46 | TPR | Tapestry Inc | 股票-循環性消費 | 0.19% | +0.01% | +45.52% | |
| 47 | CRS | Carpenter Technology | 股票-工業 | 0.18% | -0.13% | +77.91% | |
| 48 | SN | SharkNinja, Inc. | 股票-循環性消費 | 0.15% | +0.07% | +14.88% | |
| 49 | BAP | Credicorp Ltd. | 股票-金融 | 0.14% | — | -4.34% | |
| 50 | FIX | Comfort Systems USA Inc | 股票-工業 | 0.13% | +0.17% | +62.98% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | PM | Philip Morris International | +3.8% | -0.04% | 加碼 |
| 2 | APP | Applovin Corp-class A | +2.8% | -15.66% | 減碼 |
| 3 | HOOD | Robinhood Markets Inc - A | +2.4% | -25.21% | 加碼 |
| 4 | TSM | Taiwan Semiconductor-sp Adr | +1.6% | +0.32% | 加碼 |
| 5 | SE | Sea Ltd-adr | +1.4% | +0.95% | 加碼 |
| 6 | ASML | ASML Holding N.V. | +1.2% | +24.90% | 加碼 |
| 7 | CPNG | Coupang Inc | +0.5% | -0.31% | 減碼 |
| 8 | NU | Nu Holdings Ltd. | +0.4% | +0.89% | 減碼 |
| 9 | GEV | GE Vernova Inc | +0.4% | +3.37% | 加碼 |
| 10 | MSFT | Microsoft CORP | +0.2% | -1.69% | 加碼 |
| 11 | SPOT | Spotify Technology S.A. | +0.2% | -0.00% | 減碼 |
| 12 | CTVA | Corteva Inc | +0.2% | -1.23% | 加碼 |
| 13 | CLS | Celestica Inc | +0.2% | -20.67% | 減碼 |
| 14 | ✓ | Inter & Co Inc | +0.2% | +21.34% | 加碼 |
| 15 | CRS | Carpenter Technology | +0.1% | +77.91% | 加碼 |
| 16 | SN | SharkNinja, Inc. | +0.1% | +14.88% | 加碼 |
| 17 | TPR | Tapestry Inc | +0.1% | +45.52% | 加碼 |
| 18 | FIX | Comfort Systems USA Inc | +0.1% | +62.98% | 加碼 |
| 19 | AGX | Argan Inc | +0.1% | +169.53% | 加碼 |
| 20 | SMTC | Semtech CORP | +0.1% | -0.43% | 加碼 |
| 21 | FTAI | FTAI Aviation Ltd. | 0% | +24.24% | 加碼 |
| 22 | WWW | Wolverine World Wide Inc | 0% | +78.24% | 加碼 |
| 23 | EVR | Evercore Inc - A | 0% | -0.51% | 加碼 |
| 24 | TTAN | Servicetitan Inc-a | 0% | -0.64% | 加碼 |
| 25 | WIX | Wix.com Ltd. | 0% | -20.13% | 加碼 |
| 26 | AIT | Applied Industrial Tech Inc | 0% | -0.64% | 加碼 |
| 27 | UBS | UBS Group AG | 0% | -0.08% | 減碼 |
| 28 | STRL | Sterling Infrastructure Inc | 0% | -51.89% | 減碼 |
| 29 | ICFI | Icf International Inc | 0% | +112.64% | 加碼 |
| 30 | RRX | Regal Rexnord CORP | 0% | +0.03% | 加碼 |
| 31 | NVDA | Nvidia CORP | 0% | -28.99% | 減碼 |
| 32 | RDNT | Radnet Inc | 0% | +32.59% | 加碼 |
| 33 | AAON | Aaon Inc | 0% | +34.73% | 加碼 |
| 34 | RMBS | Rambus Inc | 0% | -28.31% | 減碼 |
| 35 | RH | Rh | 0% | +0.30% | 加碼 |
| 36 | CRDO | Credo Technology Group Holding Ltd | 0% | -31.73% | 減碼 |
| 37 | CGNX | Cognex CORP | 0% | — | 加碼 |
| 38 | CWK | Cushman & Wakefield Limited | 0% | -10.34% | 減碼 |
| 39 | POWL | Powell Industries Inc | 0% | -0.43% | 加碼 |
| 40 | VRNS | Varonis Systems Inc | 0% | -0.36% | 加碼 |
| 41 | IBP | Installed Building Products | 0% | -14.96% | 加碼 |
| 42 | WAL | Western Alliance Bancorp | 0% | +23.52% | 加碼 |
| 43 | NOVT | Novanta Inc | 0% | -1.95% | 加碼 |
| 44 | BBIO | Bridgebio Pharma Inc | 0% | -5.18% | 加碼 |
| 45 | BAP | Credicorp Ltd. | — | -4.34% | 減碼 |
| 46 | MRCY | Mercury Systems Inc | — | -1.21% | 減碼 |
| 47 | PFGC | Performance Food Group Co | — | +5.51% | 加碼 |
| 48 | CDRE | Cadre Holdings Inc | — | +9.05% | 加碼 |
| 49 | ATRC | Atricure Inc | — | -0.54% | 加碼 |
| 50 | CVLT | Commvault Systems Inc | — | -1.95% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Wcm Investment Management, LLC 在 Q3 2025 季度的美股持倉總市值約為 US$551.6億，共申報了 228 個公開持股部位。
在 Q3 2025 季度，Wcm Investment Management, LLC 按市值排列的前三大核心持股分別為：SE (9.8%)、APP (7.3%)、TSM (5.7%)。其中最大持股部位 SE 佔據整體投資組合約 9.8% 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
STX
市值: US$11.9億
本季最大獲利了結 / 清倉標的
TEAM
前期市值: US$7.5億
在 Q3 2025 季度中，Wcm Investment Management, LLC 共進行了 200 項持倉異動，包含新建倉 30 個部位、加碼 63 個部位、減碼 50 個部位以及清倉 57 個部位。 其中最大新建倉標的為 STX。 本季清倉部位包含 TEAM。
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。