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: 0000108572
申報總市值
US$3.7億
US$3.7億
147 檔
20.7%
在 Q4 2025 的 13F 官方備案中，Wright Investors Service Inc 管理的美股投資組合規模來到 US$3.7億，整體持股檔數為 147 檔。
從 Q4 2025 申報觀察，Wright Investors Service Inc 採取防禦導向的調倉策略，本季減碼 24 檔個股並出清 6 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 NVDA, AAPL, MSFT）累計市值佔比達 20.7%，是驅動 Wright Investors Service Inc 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 | NVDA | Nvidia CORP | 股票-科技 | 5.08% | -0.04% | -17.05% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 4.89% | -0.07% | -1.92% | |
| 3 | MSFT | Microsoft CORP | 股票-科技 | 4.85% | -0.26% | -10.85% | |
| 4 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 4.04% | +0.17% | -14.11% | |
| 5 | AVGO | Broadcom Inc | 股票-科技 | 3.86% | -0.10% | -11.95% | |
| 6 | AMZN | Amazon.com Inc | 股票-循環性消費 | 3.70% | -0.05% | -17.67% | |
| 7 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 3.23% | -0.12% | -9.10% | |
| 8 | JPM | Jpmorgan Chase & Co | 股票-金融 | 2.49% | -0.12% | -0.09% | |
| 9 | GILD | Gilead Sciences Inc | 股票-醫療保健 | 2.11% | -0.55% | +1.11% | |
| 10 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 1.99% | +0.08% | +0.34% | |
| 11 | PGR | Progressive CORP | 股票-金融 | 1.89% | -0.07% | -3.70% | |
| 12 | CAT | Caterpillar Inc | 股票-工業 | 1.87% | +0.12% | -10.06% | |
| 13 | AXP | American Express Co | 股票-金融 | 1.85% | -0.05% | -3.40% | |
| 14 | SCHW | Schwab (charles) CORP | 股票-金融 | 1.83% | -0.24% | +145.23% | |
| 15 | BMY | Bristol-myers Squibb Co | 股票-醫療保健 | 1.69% | -0.97% | +27.66% | |
| 16 | TSLA | Tesla Inc | 股票-循環性消費 | 1.67% | +0.08% | -7.63% | |
| 17 | BAC | Bank Of America CORP | 股票-金融 | 1.56% | +0.01% | +0.40% | |
| 18 | V | Visa Inc-class A Shares | 股票-金融 | 1.44% | +0.11% | -10.25% | |
| 19 | XOM | Exxon Mobil CORP | 股票-能源 | 1.37% | -0.61% | +0.47% | |
| 20 | KO | Coca-cola Co/the | 股票-非循環性消費 | 1.35% | -0.41% | -11.71% | |
| 21 | AMAT | Applied Materials Inc | 股票-科技 | 1.33% | +1.49% | -0.36% | |
| 22 | NRG | Nrg Energy Inc | 股票-公用事業 | 1.22% | -0.44% | +0.48% | |
| 23 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 1.20% | +0.35% | -16.69% | |
| 24 | NEE | Nextera Energy Inc | 股票-公用事業 | 1.18% | -0.23% | -0.07% | |
| 25 | ABBV | Abbvie Inc | 股票-醫療保健 | 1.17% | -0.01% | +11.52% | |
| 26 | GS | Goldman Sachs Group Inc | 股票-金融 | 1.17% | +0.04% | -0.29% | |
| 27 | CSCO | Cisco Systems Inc | 股票-科技 | 1.08% | +0.33% | +0.37% | |
| 28 | SYF | Synchrony Financial | 股票-金融 | 1.04% | -0.03% | +0.64% | |
| 29 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.89% | +0.10% | +88.32% | |
| 30 | CMCSA | Comcast Corp-class A | 股票-通訊服務 | 0.89% | -0.39% | -0.02% | |
| 31 | ORCL | Oracle CORP | 股票-科技 | 0.86% | -0.03% | -5.51% | |
| 32 | DAL | Delta Air Lines Inc | 股票-工業 | 0.85% | +0.18% | +0.74% | |
| 33 | WMT | Walmart Inc | 股票-非循環性消費 | 0.83% | -0.21% | — | |
| 34 | AMGN | Amgen Inc | 股票-醫療保健 | 0.83% | -0.22% | -13.88% | |
| 35 | IBM | Intl Business Machines CORP | 股票-科技 | 0.75% | -0.15% | -1.47% | |
| 36 | ACN | Accenture plc | 股票-科技 | 0.70% | -0.25% | +14.38% | |
| 37 | WFC | Wells Fargo & Co | 股票-金融 | 0.69% | -0.26% | -0.29% | |
| 38 | EBAY | Ebay Inc | 股票-循環性消費 | 0.68% | +0.04% | +0.64% | |
| 39 | NTAP | Netapp Inc | 股票-科技 | 0.66% | +0.20% | -10.63% | |
| 40 | BLK | Blackrock Inc | 股票-金融 | 0.62% | -0.44% | -0.26% | |
| 41 | PHM | Pultegroup Inc | 股票-循環性消費 | 0.62% | — | -17.25% | |
| 42 | PFE | Pfizer Inc | 股票-醫療保健 | 0.59% | -0.44% | +251.97% | |
| 43 | C | Citigroup Inc | 股票-金融 | 0.59% | +0.18% | -1.27% | |
| 44 | LRCX | Lam Research CORP | 股票-科技 | 0.57% | +0.86% | -19.39% | |
| 45 | HD | Home Depot Inc | 股票-循環性消費 | 0.57% | -0.03% | -23.93% | |
| 46 | ANET | Arista Networks Inc | 股票-科技 | 0.55% | +0.11% | -52.32% | |
| 47 | EXPE | Expedia Group Inc | 股票-循環性消費 | 0.55% | +0.37% | -19.36% | |
| 48 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.54% | -0.13% | -17.99% | |
| 49 | NFLX | Netflix Inc | 股票-通訊服務 | 0.54% | -0.16% | +548.56% | |
| 50 | KR | Kroger Co | 股票-非循環性消費 | 0.53% | -0.21% | +23.32% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | SCHW | Schwab (charles) CORP | +1.1% | +145.23% | 加碼 |
| 2 | BMY | Bristol-myers Squibb Co | +0.6% | +27.66% | 加碼 |
| 3 | LLY | Eli Lilly & Co | +0.6% | +88.32% | 加碼 |
| 4 | GOOGL | Alphabet Inc-cl A | +0.5% | -14.11% | 減碼 |
| 5 | GOOG | Alphabet Inc-cl C | +0.5% | +0.34% | 加碼 |
| 6 | PFE | Pfizer Inc | +0.4% | +251.97% | 加碼 |
| 7 | AAPL | Apple Inc | +0.4% | -1.92% | 減碼 |
| 8 | AMAT | Applied Materials Inc | +0.3% | -0.36% | 減碼 |
| 9 | GILD | Gilead Sciences Inc | +0.3% | +1.11% | 加碼 |
| 10 | G | Genpact Limited | +0.2% | +158.87% | 加碼 |
| 11 | SYF | Synchrony Financial | +0.2% | +0.64% | 加碼 |
| 12 | DAL | Delta Air Lines Inc | +0.2% | +0.74% | 加碼 |
| 13 | NTAP | Netapp Inc | -0.1% | -10.63% | 減碼 |
| 14 | APP | Applovin Corp-class A | -0.1% | -19.36% | 減碼 |
| 15 | ACGL | Arch Capital Group Ltd. | -0.1% | -59.75% | 減碼 |
| 16 | COST | Costco Wholesale CORP | -0.1% | -17.99% | 減碼 |
| 17 | PANW | Palo Alto Networks Inc | -0.1% | -19.36% | 減碼 |
| 18 | PGR | Progressive CORP | -0.2% | -3.70% | 減碼 |
| 19 | UBER | Uber Technologies Inc | -0.2% | -19.36% | 減碼 |
| 20 | AVGO | Broadcom Inc | -0.2% | -11.95% | 減碼 |
| 21 | VZ | Verizon Communications Inc | -0.2% | -67.95% | 減碼 |
| 22 | PHM | Pultegroup Inc | -0.2% | -17.25% | 減碼 |
| 23 | UNH | Unitedhealth Group Inc | -0.3% | -16.69% | 減碼 |
| 24 | HD | Home Depot Inc | -0.3% | -23.93% | 減碼 |
| 25 | ORCL | Oracle CORP | -0.4% | -5.51% | 減碼 |
| 26 | CI | THE Cigna Group | -0.4% | -46.07% | 減碼 |
| 27 | AMZN | Amazon.com Inc | -0.4% | -17.67% | 減碼 |
| 28 | NFLX | Netflix Inc | -0.5% | +548.56% | 加碼 |
| 29 | T | At&t Inc | -0.6% | -59.29% | 減碼 |
| 30 | META | Meta Platforms Inc-class A | -0.6% | -9.10% | 減碼 |
| 31 | ANET | Arista Networks Inc | -0.7% | -52.32% | 減碼 |
| 32 | MSFT | Microsoft CORP | -0.8% | -10.85% | 減碼 |
| 33 | NVDA | Nvidia CORP | -0.8% | -17.05% | 減碼 |
| 34 | ADBE | Adobe Inc | -0.9% | -86.27% | 減碼 |
| 35 | WMT | Walmart Inc | — | NEW | 新建倉 |
| 36 | HWM | Howmet Aerospace Inc | — | EXIT | 清倉 |
| 37 | NOW | Servicenow Inc | — | EXIT | 清倉 |
| 38 | HON | Honeywell International Inc | — | EXIT | 清倉 |
| 39 | APH | Amphenol Corp-cl A | — | NEW | 新建倉 |
| 40 | HHH | Howard Hughes Holdings Inc | — | EXIT | 清倉 |
| 41 | CACI | Caci International Inc -cl A | — | EXIT | 清倉 |
| 42 | DG | Dollar General CORP | — | NEW | 新建倉 |
| 43 | MIDD | Middleby CORP | — | NEW | 新建倉 |
| 44 | CMG | Chipotle Mexican Grill Inc | — | EXIT | 清倉 |
| 45 | FIVE | Five Below | — | NEW | 新建倉 |
| 46 | NYT | New York Times Co-a | — | NEW | 新建倉 |
| 47 | SN | SharkNinja, Inc. | — | NEW | 新建倉 |
| 48 | OSK | Oshkosh CORP | — | NEW | 新建倉 |
| 49 | M | Macy's, Inc. | — | NEW | 新建倉 |
| 50 | AMH | American Homes 4 Rent- A | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Wright Investors Service Inc 在 Q4 2025 季度的美股持倉總市值約為 US$3.7億，共申報了 147 個公開持股部位。
在 Q4 2025 季度，Wright Investors Service Inc 按市值排列的前三大核心持股分別為：NVDA (5.1%)、AAPL (4.9%)、MSFT (4.8%)。其中最大持股部位 NVDA 佔據整體投資組合約 5.1% 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
WMT
市值: US$277.8萬
本季最大獲利了結 / 清倉標的
HWM
前期市值: US$226.4萬
在 Q4 2025 季度中，Wright Investors Service Inc 共進行了 50 項持倉異動，包含新建倉 10 個部位、加碼 10 個部位、減碼 24 個部位以及清倉 6 個部位。 其中最大新建倉標的為 WMT。 本季清倉部位包含 HWM。
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。