13F 申报指南13F 概念全攻略
什么是 SEC Form 13F 申报？美股机构大户持股全攻略
完整解读 Form 13F 申报规范、1 亿美元门槛与 45 天延迟申报机制，学会如何追踪顶级对冲基金与机构法人持仓动向。
AlphaSMO 权威研究指南阅读专题
CIK: 0001133521
申报总市值
US$14.0亿
US$14.0亿
30 檔
34.2%
Steelhead Partners LLC 在 Q3 2025 季度的美股仓位总计估值为 US$14.0亿，分散于 30 个持仓标的之中，反映其市场参与广度与投资规模。
在 Q3 2025，Steelhead Partners LLC 展现出较为审慎的避险与获利了结姿态。本季共减仓 13 个仓位并完全清仓 13 档持股，调降曝光的仓位数量高于加仓动作。
在资产配置集中度方面，Steelhead Partners LLC 的前 5 大核心持股（包含 HALO 0.25 03-01-27, ITRI 0 03-15-26, AEIS 2.5 09-15-28 等）合计占整体申报市值的 34.2%，反映机构在主要关键仓位上的权重分布。
| # | 代码 | 标的名称 | 资产子类别 | 占比 | 占比变动 | 持仓量变化 | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | HALO 0.25 03-01-27债券 | Halozyme Therapeutics In | 债券 | 7.68% | +1.36% | +71.54% | |
| 2 | ITRI 0 03-15-26债券 | Itron Inc | 债券 | 6.04% | — | — | |
| 3 | AEIS 2.5 09-15-28债券 | Advanced Energy Ind | 债券 | 5.39% | -7.01% | EXIT | |
| 4 | UBER 0 12-15-25债券 | Uber Technologies Inc | 债券 | 4.90% | — | -4.50% | |
| 5 | BL 1 06-01-29债券 | Blackline Inc | 债券 | 4.80% | -0.05% | +10.00% | |
| 6 | ALRM 2.25 06-01-29债券 | Alarm.com Hldgs Inc | 债券 | 4.62% | +0.12% | +5.96% | |
| 7 | UBER 0.875 12-01-28 2028债券 | Uber Technologies Inc | 债券 | 4.60% | +1.57% | — | |
| 8 | DXCM 0.375 05-15-28债券 | Dexcom Inc | 债券 | 4.54% | +0.03% | +3.76% | |
| 9 | SPOT 0 03-15-26债券 | Spotify USA Inc | 债券 | 4.36% | — | -54.11% | |
| 10 | SEALTD 0.25 09-15-26债券 | Sea LTD | 债券 | 4.04% | — | -8.56% | |
| 11 | BOX 0 01-15-26债券 | Box Inc | 债券 | 4.02% | — | +17.54% | |
| 12 | AKAM 1.125 02-15-29债券 | Akamai Technologies Inc | 债券 | 3.95% | -6.32% | EXIT | |
| 13 | AKAM 0.375 09-01-27债券 | Akamai Technologies Inc | 债券 | 3.74% | +5.23% | — | |
| 14 | NET 0 08-15-26债券 | Cloudflare Inc | 债券 | 3.73% | -1.31% | +4.58% | |
| 15 | JAZZ 2 06-15-26债券 | Jazz Investments I LTD | 债券 | 3.35% | — | -11.91% | |
| 16 | DBX 0 03-01-26债券 | Dropbox Inc | 债券 | 2.97% | — | -9.09% | |
| 17 | ON 0 05-01-27债券 | On Semiconductor CORP | 债券 | 2.91% | -9.06% | EXIT | |
| 18 | CFLT 0 01-15-27债券 | Confluent Inc | 债券 | 2.84% | — | -4.77% | |
| 19 | TRIP 0.25 04-01-26债券 | Tripadvisor Inc | 债券 | 2.81% | — | +1.66% | |
| 20 | ON 0.5 03-01-29债券 | On Semiconductor CORP | 债券 | 2.31% | +3.46% | NEW | |
| 21 | ITRI 1.375 07-15-30债券 | Itron Inc | 债券 | 2.28% | -2.54% | EXIT | |
| 22 | VRNS 1 09-15-29债券 | Varonis System Inc | 债券 | 2.28% | +1.59% | — | |
| 23 | ETSY 0.25 06-15-28债券 | Etsy Inc | 债券 | 2.24% | — | — | |
| 24 | PENG 2 08-15-30债券 | Penguin Solutions Inc | 债券 | 2.15% | +0.36% | — | |
| 25 | BBIO 2.25 02-01-29债券 | Bridgebio Pharma Inc | 债券 | 1.78% | — | +114.29% | |
| 26 | ENPH 0 03-01-28债券 | Enphase Energy Inc | 债券 | 1.56% | — | -53.99% | |
| 27 | PRGS 1 04-15-26债券 | Progress Software CORP | 债券 | 1.50% | — | -20.63% | |
| 28 | UPWK 0.25 08-15-26债券 | Upwork Inc | 债券 | 1.37% | — | -41.25% | |
| 29 | FIVN 1 03-15-29债券 | Five9 Inc | 债券 | 1.25% | -0.56% | EXIT | |
| 30 | HTZ | Hertz Global Hldgs Inc | 股票-其他 | — | — | — |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | AEIS 2.5 09-15-28债券 | Advanced Energy Ind | +1.3% | +4.41% | 减仓 |
| 2 | UBER 0.875 12-01-28 2028债券 | Uber Technologies Inc | +1% | — | 不变 |
| 3 | BOX 0 01-15-26债券 | Box Inc | +0.9% | +17.54% | 加仓 |
| 4 | UBER 0 12-15-25债券 | Uber Technologies Inc | +0.6% | -4.50% | 减仓 |
| 5 | DXCM 0.375 05-15-28债券 | Dexcom Inc | +0.4% | +3.76% | 加仓 |
| 6 | ITRI 0 03-15-26债券 | Itron Inc | +0.4% | — | 不变 |
| 7 | TRIP 0.25 04-01-26债券 | Tripadvisor Inc | +0.3% | +1.66% | 加仓 |
| 8 | JAZZ 2 06-15-26债券 | Jazz Investments I LTD | -0.2% | -11.91% | 减仓 |
| 9 | CFLT 0 01-15-27债券 | Confluent Inc | -0.4% | -4.77% | 减仓 |
| 10 | DBX 0 03-01-26债券 | Dropbox Inc | -0.5% | -9.09% | 减仓 |
| 11 | AKAM 0.375 09-01-27债券 | Akamai Technologies Inc | -0.6% | — | 减仓 |
| 12 | PRGS 1 04-15-26债券 | Progress Software CORP | -0.8% | -20.63% | 减仓 |
| 13 | UPWK 0.25 08-15-26债券 | Upwork Inc | -0.8% | -41.25% | 减仓 |
| 14 | NET 0 08-15-26债券 | Cloudflare Inc | -0.9% | +4.58% | 减仓 |
| 15 | ETSY 0.25 06-15-28债券 | Etsy Inc | -1% | — | 减仓 |
| 16 | ENPH 0 03-01-28债券 | Enphase Energy Inc | -1.5% | -53.99% | 减仓 |
| 17 | SEALTD 0.25 09-15-26债券 | Sea LTD | -3% | -8.56% | 减仓 |
| 18 | SPOT 0 03-15-26债券 | Spotify USA Inc | -3.9% | -54.11% | 减仓 |
| 19 | HALO 0.25 03-01-27债券 | Halozyme Therapeutics In | — | NEW | 新建仓 |
| 20 | BL 1 06-01-29债券 | Blackline Inc | — | NEW | 新建仓 |
| 21 | LITE 0.5 12-15-26债券 | Lumentum Holdings Inc | — | EXIT | 清仓 |
| 22 | ALRM 2.25 06-01-29债券 | Alarm.com Hldgs Inc | — | NEW | 新建仓 |
| 23 | AKAM 1.125 02-15-29债券 | Akamai Technologies Inc | — | NEW | 新建仓 |
| 24 | SHOPCN 0.125 11-01-25债券 | Shopify Inc | — | EXIT | 清仓 |
| 25 | FVRR 0 11-01-25债券 | Fiverr International LTD | — | EXIT | 清仓 |
| 26 | PD 1.5 10-15-28 *债券 | Pagerduty Inc. | — | EXIT | 清仓 |
| 27 | ALNY 1 09-15-27债券 | Alnylam Pharmaceuticals | — | EXIT | 清仓 |
| 28 | ON 0 05-01-27债券 | On Semiconductor CORP | — | NEW | 新建仓 |
| 29 | ALRM 0 01-15-26债券 | Alarm.com Hldgs Inc | — | EXIT | 清仓 |
| 30 | ON 0.5 03-01-29债券 | On Semiconductor CORP | — | NEW | 新建仓 |
| 31 | ITRI 1.375 07-15-30债券 | Itron Inc | — | NEW | 新建仓 |
| 32 | VRNS 1 09-15-29债券 | Varonis System Inc | — | NEW | 新建仓 |
| 33 | PENG 2 08-15-30债券 | Penguin Solutions Inc | — | NEW | 新建仓 |
| 34 | BBIO 2.25 02-01-29债券 | Bridgebio Pharma Inc | — | NEW | 新建仓 |
| 35 | DXCM 0.25 11-15-25债券 | Dexcom Inc | — | EXIT | 清仓 |
| 36 | GH 0 11-15-27债券 | Guardant Health Inc | — | EXIT | 清仓 |
| 37 | NOG 3.625 04-15-29债券 | Northern Oil & Gas Inc | — | EXIT | 清仓 |
| 38 | FIVN 1 03-15-29债券 | Five9 Inc | — | NEW | 新建仓 |
| 39 | LITE 0.5 06-15-28债券 | Lumentum Holdings Inc | — | EXIT | 清仓 |
| 40 | WGO 3.25 01-15-30债券 | Winnebago Industries | — | EXIT | 清仓 |
| 41 | CSIQ 2.5 10-01-25债券 | Canadian Solar Inc | — | EXIT | 清仓 |
| 42 | ENPH 0 03-01-26债券 | Enphase Energy Inc | — | EXIT | 清仓 |
| 43 | HTZ | Hertz Global Hldgs Inc | — | NEW | 新建仓 |
根据 SEC 官方 Form 13F 申报备案，Steelhead Partners LLC 在 Q3 2025 季度的美股持仓总市值约为 US$14.0亿，共申报了 30 个公开持股仓位。
在 Q3 2025 季度，Steelhead Partners LLC 按市值排列的前三大核心持股分别为：HALO 0.25 03-01-27 (7.7%)、ITRI 0 03-15-26 (6.0%)、AEIS 2.5 09-15-28 (5.4%)。其中最大持股仓位 HALO 0.25 03-01-27 占据整体投资组合约 7.7% 的权重。
精选 AlphaSMO 大户持股与内部人交易深度分析，提升投资决策胜率
完整解读 Form 13F 申报规范、1 亿美元门槛与 45 天延迟申报机制，学会如何追踪顶级对冲基金与机构法人持仓动向。
本季最大新建仓标的
HALO 0.25 03-01-27
市值: US$1.3亿
本季最大获利了结 / 清仓标的
LITE 0.5 12-15-26
前期市值: US$7771.1万
在 Q3 2025 季度中，Steelhead Partners LLC 共进行了 41 项持仓异动，包含新建仓 12 个仓位、加仓 3 个仓位、减仓 13 个仓位以及清仓 13 个仓位。 其中最大新建仓标的为 HALO 0.25 03-01-27。 本季清仓仓位包含 LITE 0.5 12-15-26。
本页面所有持股数据均直接同步自美国证券交易委员会（SEC）EDGAR 官方系统之 13F-HR / 13F-HR/A 季度申报文件。AlphaSMO 通过机器解析 CUSIP 与个股对照，提供 100% 精准对齐的历史时序数据集，并支持 Schema.org 结构化数据格式。
解析公司高管、董事与 10% 大股东之 Form 4 内部人交易申报，掌握高管自家股票买卖第一手信号。
深入剖析 5% 股权申报门槛、13D 与 13G 之差异，以及最新 SEC 申报时程规范，洞察机构法人的激进投资动向。