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: 0001078635
申報總市值
US$13.2億
US$13.2億
71 檔
37.3%
在 Q3 2025 的 13F 官方備案中，Windward Capital Management Co /ca 管理的美股投資組合規模來到 US$13.2億，整體持股檔數為 71 檔。
從 Q3 2025 申報觀察，Windward Capital Management Co /ca 採取防禦導向的調倉策略，本季減碼 47 檔個股並出清 0 檔部位，顯示機構在該時期進行風險控制與流動性回收。
從部位權重觀察，前 5 大標的（包含 AAPL, AMZN, GOOG）累計市值佔比達 37.3%，是驅動 Windward Capital Management Co /ca 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 | AAPL | Apple Inc | 股票-科技 | 16.35% | +0.85% | -2.97% | |
| 2 | AMZN | Amazon.com Inc | 股票-循環性消費 | 6.79% | +0.34% | -0.97% | |
| 3 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 5.52% | +0.86% | -0.90% | |
| 4 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 5.50% | +0.92% | -0.90% | |
| 5 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 5.08% | -0.72% | -0.87% | |
| 6 | BLK | Blackrock Inc | 股票-金融 | 3.60% | -0.22% | -0.62% | |
| 7 | CRM | Salesforce Inc | 股票-科技 | 3.58% | -0.63% | -0.83% | |
| 8 | LIN | Linde plc | 股票-原物料 | 3.29% | -0.11% | -0.74% | |
| 9 | NEE | Nextera Energy Inc | 股票-公用事業 | 2.62% | -0.39% | -0.28% | |
| 10 | DHI | Dr Horton Inc | 股票-循環性消費 | 2.53% | +0.19% | -0.76% | |
| 11 | ACN | Accenture plc | 股票-科技 | 2.42% | -0.80% | -0.61% | |
| 12 | TJX | Tjx Companies Inc | 股票-循環性消費 | 2.25% | -0.31% | -0.68% | |
| 13 | MAR | Marriott International -cl A | 股票-循環性消費 | 2.25% | +0.12% | -0.75% | |
| 14 | LMT | Lockheed Martin CORP | 股票-工業 | 2.25% | -0.59% | -0.42% | |
| 15 | FISV | Fiserv Inc | 股票-其他 | 2.08% | — | -0.95% | |
| 16 | CME | Cme Group Inc | 股票-金融 | 1.88% | -0.83% | -0.59% | |
| 17 | RTX | Rtx CORP | 股票-工業 | 1.87% | -0.19% | -0.60% | |
| 18 | CMI | Cummins Inc | 股票-工業 | 1.83% | +0.51% | -0.55% | |
| 19 | CVS | Cvs Health CORP | 股票-醫療保健 | 1.76% | +0.56% | -0.05% | |
| 20 | NKE | Nike Inc -cl B | 股票-循環性消費 | 1.70% | -0.36% | -0.46% | |
| 21 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 1.67% | -0.09% | -0.37% | |
| 22 | ZTS | Zoetis Inc | 股票-醫療保健 | 1.63% | -0.57% | -0.68% | |
| 23 | DIS | Walt Disney Co/the | 股票-通訊服務 | 1.47% | -0.10% | -0.57% | |
| 24 | CNI | Canadian Natl Railway Co | 股票-工業 | 1.33% | +0.10% | -0.59% | |
| 25 | TMO | Thermo Fisher Scientific Inc | 股票-醫療保健 | 1.32% | -0.07% | -1.00% | |
| 26 | PEP | Pepsico Inc | 股票-非循環性消費 | 1.29% | -0.30% | -0.09% | |
| 27 | TER | Teradyne Inc | 股票-科技 | 1.13% | +1.20% | -0.95% | |
| 28 | MSFT | Microsoft CORP | 股票-科技 | 1.13% | -0.04% | -0.94% | |
| 29 | STX | Seagate Technology Holdings plc | 股票-科技 | 1.05% | +0.47% | -0.68% | |
| 30 | BA | Boeing Co/the | 股票-工業 | 0.76% | — | -1.11% | |
| 31 | CARR | Carrier Global CORP | 股票-工業 | 0.71% | +0.14% | -0.65% | |
| 32 | DUK | Duke Energy CORP | 股票-公用事業 | 0.67% | -0.06% | -0.28% | |
| 33 | WELL | Welltower Inc | 股票-房地產 | 0.65% | +0.06% | -0.66% | |
| 34 | WMT | Walmart Inc | 股票-非循環性消費 | 0.63% | -0.10% | -0.85% | |
| 35 | CMCSA | Comcast Corp-class A | 股票-通訊服務 | 0.63% | -0.12% | -0.12% | |
| 36 | OTIS | Otis Worldwide CORP | 股票-工業 | 0.56% | -0.06% | -0.52% | |
| 37 | DE | Deere & Co | 股票-工業 | 0.55% | +0.03% | -0.75% | |
| 38 | ADP | Automatic Data Processing | 股票-科技 | 0.52% | +0.01% | -0.54% | |
| 39 | IBM | Intl Business Machines CORP | 股票-科技 | 0.52% | +0.03% | -0.46% | |
| 40 | ETN | Eaton Corporation plc | 股票-工業 | 0.51% | +0.05% | -0.84% | |
| 41 | WM | Waste Management Inc | 股票-工業 | 0.51% | -0.05% | -0.74% | |
| 42 | 6D8 | Dupont De Nemours Inc | 股票-其他 | 0.48% | -0.28% | EXIT | |
| 43 | AMGN | Amgen Inc | 股票-醫療保健 | 0.48% | -0.02% | -0.38% | |
| 44 | ASML | ASML Holding N.V. | 股票-科技 | 0.46% | +0.23% | -1.29% | |
| 45 | HD | Home Depot Inc | 股票-循環性消費 | 0.43% | — | -0.57% | |
| 46 | CTVA | Corteva Inc | 股票-原物料 | 0.41% | -0.04% | -0.70% | |
| 47 | UNP | Union Pacific CORP | 股票-工業 | 0.39% | +0.02% | -0.46% | |
| 48 | PM | Philip Morris International | 股票-非循環性消費 | 0.39% | +0.01% | -0.31% | |
| 49 | EMR | Emerson Electric Co | 股票-工業 | 0.37% | +0.01% | -0.71% | |
| 50 | T | At&t Inc | 股票-通訊服務 | 0.36% | -0.12% | -0.08% |
| # | 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 | +1.7% | -0.90% | 減碼 |
| 2 | GOOG | Alphabet Inc-cl C | +1.6% | -0.90% | 減碼 |
| 3 | STX | Seagate Technology Holdings plc | +0.6% | -0.68% | 減碼 |
| 4 | DHI | Dr Horton Inc | +0.5% | -0.76% | 減碼 |
| 5 | BLK | Blackrock Inc | +0.4% | -0.62% | 減碼 |
| 6 | TER | Teradyne Inc | +0.4% | -0.95% | 減碼 |
| 7 | CMI | Cummins Inc | +0.4% | -0.55% | 減碼 |
| 8 | AAPL | Apple Inc | +0.3% | -2.97% | 減碼 |
| 9 | AMZN | Amazon.com Inc | +0.3% | -0.97% | 減碼 |
| 10 | RTX | Rtx CORP | +0.3% | -0.60% | 減碼 |
| 11 | MSFT | Microsoft CORP | +0.2% | -0.94% | 減碼 |
| 12 | TJX | Tjx Companies Inc | +0.2% | -0.68% | 減碼 |
| 13 | ASML | ASML Holding N.V. | +0.1% | -1.29% | 減碼 |
| 14 | BA | Boeing Co/the | +0.1% | -1.11% | 減碼 |
| 15 | ETN | Eaton Corporation plc | +0.1% | -0.84% | 減碼 |
| 16 | DIS | Walt Disney Co/the | +0.1% | -0.57% | 減碼 |
| 17 | LMT | Lockheed Martin CORP | +0.1% | -0.42% | 減碼 |
| 18 | CVS | Cvs Health CORP | +0.1% | -0.05% | 加碼 |
| 19 | WMT | Walmart Inc | 0% | -0.85% | 減碼 |
| 20 | WELL | Welltower Inc | 0% | -0.66% | 減碼 |
| 21 | EMR | Emerson Electric Co | 0% | -0.71% | 減碼 |
| 22 | NKE | Nike Inc -cl B | 0% | -0.46% | 減碼 |
| 23 | IBM | Intl Business Machines CORP | 0% | -0.46% | 減碼 |
| 24 | MAR | Marriott International -cl A | — | -0.75% | 減碼 |
| 25 | HD | Home Depot Inc | — | -0.57% | 減碼 |
| 26 | CTVA | Corteva Inc | 0% | -0.70% | 減碼 |
| 27 | 6D8 | Dupont De Nemours Inc | 0% | -0.43% | 減碼 |
| 28 | MRK | Merck & Co. Inc. | 0% | -0.04% | 減碼 |
| 29 | PCH | Potlatchdeltic CORP | -0.1% | +0.08% | 減碼 |
| 30 | NEE | Nextera Energy Inc | -0.1% | -0.28% | 減碼 |
| 31 | DOW | Dow Inc | -0.1% | +0.28% | 減碼 |
| 32 | WY | Weyerhaeuser Co | -0.1% | -0.27% | 減碼 |
| 33 | KMB | Kimberly-clark CORP | -0.1% | -0.07% | 減碼 |
| 34 | LYB | LyondellBasell Industries N.V. | -0.1% | +1.32% | 加碼 |
| 35 | ADP | Automatic Data Processing | -0.1% | -0.54% | 減碼 |
| 36 | DE | Deere & Co | -0.1% | -0.75% | 減碼 |
| 37 | WM | Waste Management Inc | -0.1% | -0.74% | 減碼 |
| 38 | AMGN | Amgen Inc | -0.1% | -0.38% | 減碼 |
| 39 | CARR | Carrier Global CORP | -0.1% | -0.65% | 減碼 |
| 40 | OTIS | Otis Worldwide CORP | -0.1% | -0.52% | 減碼 |
| 41 | CMCSA | Comcast Corp-class A | -0.2% | -0.12% | 加碼 |
| 42 | TMO | Thermo Fisher Scientific Inc | -0.2% | -1.00% | 減碼 |
| 43 | CNI | Canadian Natl Railway Co | -0.2% | -0.59% | 減碼 |
| 44 | PEP | Pepsico Inc | -0.2% | -0.09% | 減碼 |
| 45 | PG | Procter & Gamble Co/the | -0.4% | -0.37% | 減碼 |
| 46 | ZTS | Zoetis Inc | -0.4% | -0.68% | 減碼 |
| 47 | COST | Costco Wholesale CORP | -0.6% | -0.87% | 減碼 |
| 48 | CRM | Salesforce Inc | -0.9% | -0.83% | 減碼 |
| 49 | ACN | Accenture plc | -0.9% | -0.61% | 減碼 |
| 50 | FISV | Fiserv Inc | -1.9% | -0.95% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Windward Capital Management Co /ca 在 Q3 2025 季度的美股持倉總市值約為 US$13.2億，共申報了 71 個公開持股部位。
在 Q3 2025 季度，Windward Capital Management Co /ca 按市值排列的前三大核心持股分別為：AAPL (16.4%)、AMZN (6.8%)、GOOG (5.5%)。其中最大持股部位 AAPL 佔據整體投資組合約 16.4% 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。
本季最大獲利了結 / 清倉標的
AAPL
前期市值: US$1.9億
在 Q3 2025 季度中，Windward Capital Management Co /ca 共進行了 50 項持倉異動，包含新建倉 0 個部位、加碼 3 個部位、減碼 47 個部位以及清倉 0 個部位。
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。