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: 0001791002
申報總市值
US$4.2億
US$4.2億
143 檔
24.6%
在 Q4 2025 的 13F 官方備案中，Xcel Wealth Management, LLC 管理的美股投資組合規模來到 US$4.2億，整體持股檔數為 143 檔。
觀察 Q4 2025 的資金脈絡，Xcel Wealth Management, LLC 在獲利結算 4 檔個股的同時，將資本重新部署至 5 檔新選標的，展現主動管理機構的輪動節奏。
在資產配置集中度方面，Xcel Wealth Management, LLC 的前 5 大核心持股（包含 AMZN, RH, BAC 等）合計佔整體申報市值的 24.6%，反映機構在主要關鍵部位上的權重分佈。
| # | 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 | AMZN | Amazon.com Inc | 股票-循環性消費 | 8.01% | -0.29% | -0.30% | |
| 2 | RH | Rh | 股票-循環性消費 | 5.71% | +0.41% | -0.35% | |
| 3 | BAC | Bank Of America CORP | 股票-金融 | 4.71% | -0.42% | -1.29% | |
| 4 | NVDA | Nvidia CORP | 股票-科技 | 4.19% | -0.17% | +0.08% | |
| 5 | F | Ford Motor Co | 股票-循環性消費 | 3.60% | -0.48% | +1.77% | |
| 6 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 3.52% | +0.07% | -1.28% | |
| 7 | JPM | Jpmorgan Chase & Co | 股票-金融 | 3.50% | -0.23% | -0.11% | |
| 8 | AAPL | Apple Inc | 股票-科技 | 3.48% | -0.11% | -0.92% | |
| 9 | HD | Home Depot Inc | 股票-循環性消費 | 3.03% | -0.10% | +4.41% | |
| 10 | BA | Boeing Co/the | 股票-工業 | 3.00% | -0.32% | +10.29% | |
| 11 | COF | Capital One Financial CORP | 股票-金融 | 2.85% | -0.12% | +5.10% | |
| 12 | AVGO | Broadcom Inc | 股票-科技 | 2.27% | — | +0.45% | |
| 13 | MS | Morgan Stanley | 股票-金融 | 2.22% | -0.01% | -0.02% | |
| 14 | TSLA | Tesla Inc | 股票-循環性消費 | 1.92% | +0.11% | +50.94% | |
| 15 | BAC 7.25 PERP L債券 | Bank Of America CORP | 債券 | 1.78% | +0.02% | -0.89% | |
| 16 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 1.54% | -0.14% | +0.77% | |
| 17 | NEE | Nextera Energy Inc | 股票-公用事業 | 1.50% | -0.37% | -0.16% | |
| 18 | GE | General Electric | 股票-工業 | 1.42% | +0.05% | — | |
| 19 | WMT | Walmart Inc | 股票-非循環性消費 | 1.41% | -0.44% | -0.56% | |
| 20 | VOO | Vanguard S&p 500 ETF | ETF-大型股與成長 | 1.29% | -0.08% | -0.28% | |
| 21 | PANW | Palo Alto Networks Inc | 股票-科技 | 1.23% | +0.69% | — | |
| 22 | UBER | Uber Technologies Inc | 股票-工業 | 1.10% | -0.36% | -0.28% | |
| 23 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 1.02% | -0.45% | -9.65% | |
| 24 | PFE | Pfizer Inc | 股票-醫療保健 | 1.00% | -0.21% | -14.39% | |
| 25 | CAT | Caterpillar Inc | 股票-工業 | 0.96% | +0.29% | +0.47% | |
| 26 | VZ | Verizon Communications Inc | 股票-通訊服務 | 0.90% | -0.60% | +0.57% | |
| 27 | CAVA | Cava Group Inc | 股票-循環性消費 | 0.86% | -0.31% | +5.06% | |
| 28 | NOW | Servicenow Inc | 股票-科技 | 0.83% | -0.24% | +368.21% | |
| 29 | FDX | Fedex CORP | 股票-工業 | 0.82% | -0.24% | — | |
| 30 | FRT | Federal Realty Invs Trust | 股票-房地產 | 0.81% | -0.19% | -12.55% | |
| 31 | GEV | GE Vernova Inc | 股票-工業 | 0.79% | +0.11% | +183.16% | |
| 32 | TJX | Tjx Companies Inc | 股票-循環性消費 | 0.79% | -0.19% | +0.01% | |
| 33 | DIS | Walt Disney Co/the | 股票-通訊服務 | 0.75% | -0.30% | -36.68% | |
| 34 | AXP | American Express Co | 股票-金融 | 0.74% | -0.21% | -20.77% | |
| 35 | SCHW | Schwab (charles) CORP | 股票-金融 | 0.72% | +1.15% | — | |
| 36 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.71% | -0.25% | -1.91% | |
| 37 | TOST | Toast Inc-class A | 股票-科技 | 0.70% | -0.55% | EXIT | |
| 38 | WFC | Wells Fargo & Co | 股票-金融 | 0.70% | -0.40% | -1.09% | |
| 39 | LEVI | Levi Strauss & Co- Class A | 股票-其他 | 0.70% | +0.11% | -1.18% | |
| 40 | CRWD | Crowdstrike Holdings Inc - A | 股票-科技 | 0.70% | +0.19% | +0.05% | |
| 41 | SKT | Tanger Inc | 股票-房地產 | 0.69% | — | +0.97% | |
| 42 | AMD | Advanced Micro Devices | 股票-科技 | 0.68% | +0.50% | -0.16% | |
| 43 | ABT | Abbott Laboratories | 股票-醫療保健 | 0.62% | -0.39% | +50.09% | |
| 44 | MSFT | Microsoft CORP | 股票-科技 | 0.58% | -0.15% | -0.52% | |
| 45 | SGOL | Abrdn Physical Gold Shares | ETF-避險與商品 | 0.58% | -0.17% | — | |
| 46 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.58% | — | +2.17% | |
| 47 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.56% | -0.25% | -2.85% | |
| 48 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 0.53% | +0.09% | +17.44% | |
| 49 | WHR | Whirlpool CORP | 股票-循環性消費 | 0.53% | -0.20% | EXIT | |
| 50 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.53% | +0.03% | — |
| # | 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 | +0.7% | -1.28% | 減碼 |
| 2 | TSLA | Tesla Inc | +0.6% | +50.94% | 加碼 |
| 3 | GEV | GE Vernova Inc | +0.5% | +183.16% | 加碼 |
| 4 | COF | Capital One Financial CORP | +0.4% | +5.10% | 加碼 |
| 5 | F | Ford Motor Co | +0.3% | +1.77% | 加碼 |
| 6 | BA | Boeing Co/the | +0.2% | +10.29% | 加碼 |
| 7 | DE | Deere & Co | +0.2% | +130.82% | 加碼 |
| 8 | AMZN | Amazon.com Inc | +0.2% | -0.30% | 減碼 |
| 9 | NFLX | Netflix Inc | +0.2% | +2209.77% | 加碼 |
| 10 | MS | Morgan Stanley | +0.2% | -0.02% | 減碼 |
| 11 | ABT | Abbott Laboratories | +0.2% | +50.09% | 加碼 |
| 12 | AMD | Advanced Micro Devices | +0.2% | -0.16% | 減碼 |
| 13 | CAT | Caterpillar Inc | +0.2% | +0.47% | 加碼 |
| 14 | BAC | Bank Of America CORP | +0.1% | -1.29% | 減碼 |
| 15 | FDX | Fedex CORP | +0.1% | — | 不變 |
| 16 | AAPL | Apple Inc | +0.1% | -0.92% | 減碼 |
| 17 | MDB | Mongodb Inc | +0.1% | -2.15% | 減碼 |
| 18 | GOOG | Alphabet Inc-cl C | +0.1% | — | 不變 |
| 19 | GMED | Globus Medical Inc - A | +0.1% | -1.47% | 減碼 |
| 20 | QQQ | Invesco Qqq Trust Series 1 | +0.1% | +17.44% | 加碼 |
| 21 | FHLC | Fidelity Msci Health Care | +0.1% | +78.28% | 加碼 |
| 22 | AVGO | Broadcom Inc | +0.1% | +0.45% | 加碼 |
| 23 | WMT | Walmart Inc | +0.1% | -0.56% | 減碼 |
| 24 | KURA | Kura Oncology Inc | +0.1% | +16.15% | 加碼 |
| 25 | NEE | Nextera Energy Inc | +0.1% | -0.16% | 減碼 |
| 26 | GRMN | Garmin Ltd. | -0.1% | — | 不變 |
| 27 | LEVI | Levi Strauss & Co- Class A | -0.1% | -1.18% | 減碼 |
| 28 | META | Meta Platforms Inc-class A | -0.1% | -1.91% | 減碼 |
| 29 | AXP | American Express Co | -0.1% | -20.77% | 減碼 |
| 30 | FRT | Federal Realty Invs Trust | -0.1% | -12.55% | 減碼 |
| 31 | 6D8 | Dupont De Nemours Inc | -0.2% | -0.96% | 減碼 |
| 32 | PANW | Palo Alto Networks Inc | -0.2% | — | 不變 |
| 33 | PLTR | Palantir Technologies Inc-a | -0.2% | -9.65% | 減碼 |
| 34 | PFE | Pfizer Inc | -0.2% | -14.39% | 減碼 |
| 35 | NOW | Servicenow Inc | -0.3% | +368.21% | 加碼 |
| 36 | UBER | Uber Technologies Inc | -0.3% | -0.28% | 減碼 |
| 37 | DIS | Walt Disney Co/the | -0.5% | -36.68% | 減碼 |
| 38 | HD | Home Depot Inc | -0.5% | +4.41% | 加碼 |
| 39 | DEA | Easterly Government Properti | -0.5% | -63.86% | 減碼 |
| 40 | WHR | Whirlpool CORP | -0.6% | -46.79% | 減碼 |
| 41 | RH | Rh | -0.9% | -0.35% | 減碼 |
| 42 | OKLO | Oklo Inc | — | EXIT | 清倉 |
| 43 | GLW | Corning Inc | — | NEW | 新建倉 |
| 44 | CRCL | Circle Internet Group Inc | — | EXIT | 清倉 |
| 45 | Q | Qnity Electronics Inc | — | NEW | 新建倉 |
| 46 | TXT | Textron Inc | — | NEW | 新建倉 |
| 47 | ✓ | Rh | — | EXIT | 清倉 |
| 48 | D | Dominion Energy Inc | — | NEW | 新建倉 |
| 49 | IBM | Intl Business Machines CORP | — | NEW | 新建倉 |
| 50 | ET | Energy Transfer LP | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Xcel Wealth Management, LLC 在 Q4 2025 季度的美股持倉總市值約為 US$4.2億，共申報了 143 個公開持股部位。
在 Q4 2025 季度，Xcel Wealth Management, LLC 按市值排列的前三大核心持股分別為：AMZN (8.0%)、RH (5.7%)、BAC (4.7%)。其中最大持股部位 AMZN 佔據整體投資組合約 8.0% 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
GLW
市值: US$65.8萬
本季最大獲利了結 / 清倉標的
OKLO
前期市值: US$95.9萬
在 Q4 2025 季度中，Xcel Wealth Management, LLC 共進行了 46 項持倉異動，包含新建倉 5 個部位、加碼 15 個部位、減碼 22 個部位以及清倉 4 個部位。 其中最大新建倉標的為 GLW。 本季清倉部位包含 OKLO。
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。