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: 0002011147
申報總市值
US$2.6億
US$2.6億
156 檔
31.5%
在 Q3 2025 的 13F 官方備案中，1248 Management, LLC 管理的美股投資組合規模來到 US$2.6億，整體持股檔數為 156 檔。
觀察 Q3 2025 的資金脈絡，1248 Management, LLC 在獲利結算 36 檔個股的同時，將資本重新部署至 13 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，1248 Management, LLC 的前 5 大核心持股（包含 PSBD, GOOGL, JPM 等）合計佔整體申報市值的 31.5%，反映機構在主要關鍵部位上的權重分佈。
本季最大新建倉標的
GRNY
市值: US$548.3萬
本季最大獲利了結 / 清倉標的
SPY
前期市值: US$716.8萬
| # | 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 | PSBD | Palmer Square Capital Bdc In | 股票-其他 | 21.15% | -0.42% | — | |
| 2 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 7.11% | +0.45% | -45.72% | |
| 3 | JPM | Jpmorgan Chase & Co | 股票-金融 | 5.92% | -0.27% | -24.69% | |
| 4 | AMZN | Amazon.com Inc | 股票-循環性消費 | 5.77% | -0.03% | -45.46% | |
| 5 | MSFT | Microsoft CORP | 股票-科技 | 5.45% | -1.09% | -43.23% | |
| 6 | SCHW | Schwab (charles) CORP | 股票-金融 | 5.05% | -1.08% | — | |
| 7 | NVDA | Nvidia CORP | 股票-科技 | 4.78% | -0.13% | -13.53% | |
| 8 | ORCL | Oracle CORP | 股票-科技 | 4.60% | -0.59% | -4.01% | |
| 9 | PAYS | Paysign Inc | 股票-其他 | 3.26% | -1.36% | EXIT | |
| 10 | GRNY | Fundstr Gran Sh US Lrg Cap | ETF-其他 | 3.09% | — | — | |
| 11 | AAPL | Apple Inc | 股票-科技 | 2.55% | -0.06% | -63.44% | |
| 12 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.06% | -0.11% | -31.16% | |
| 13 | AVGO | Broadcom Inc | 股票-科技 | 0.97% | +0.22% | -16.88% | |
| 14 | DHR | Danaher CORP | 股票-醫療保健 | 0.92% | +0.61% | NEW | |
| 15 | GLW | Corning Inc | 股票-科技 | 0.81% | +0.08% | -24.56% | |
| 16 | NOW | Servicenow Inc | 股票-科技 | 0.71% | -0.07% | -22.64% | |
| 17 | CRM | Salesforce Inc | 股票-科技 | 0.68% | +1.22% | — | |
| 18 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.65% | +0.20% | -22.47% | |
| 19 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.64% | -0.01% | -19.20% | |
| 20 | GEV | GE Vernova Inc | 股票-工業 | 0.63% | -0.16% | -21.71% | |
| 21 | KLAC | Kla CORP | 股票-科技 | 0.62% | +0.09% | -28.64% | |
| 22 | ANET | Arista Networks Inc | 股票-科技 | 0.62% | +0.05% | -28.16% | |
| 23 | UNP | Union Pacific CORP | 股票-工業 | 0.61% | — | — | |
| 24 | AZO | Autozone Inc | 股票-循環性消費 | 0.61% | -0.08% | -28.93% | |
| 25 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.59% | -0.16% | -27.47% | |
| 26 | PANW | Palo Alto Networks Inc | 股票-科技 | 0.58% | +0.04% | -25.51% | |
| 27 | BLK | Blackrock Inc | 股票-金融 | 0.58% | -0.06% | -27.68% | |
| 28 | TDY | Teledyne Technologies Inc | 股票-科技 | 0.58% | -0.04% | — | |
| 29 | V | Visa Inc-class A Shares | 股票-金融 | 0.57% | -0.02% | -41.68% | |
| 30 | TMUS | T-mobile US Inc | 股票-通訊服務 | 0.56% | +0.06% | NEW | |
| 31 | CDNS | Cadence Design Sys Inc | 股票-科技 | 0.56% | +0.05% | +258.30% | |
| 32 | UBER | Uber Technologies Inc | 股票-工業 | 0.56% | -0.04% | -27.16% | |
| 33 | BKR | Baker Hughes Co | 股票-能源 | 0.55% | -0.32% | -27.65% | |
| 34 | NEE | Nextera Energy Inc | 股票-公用事業 | 0.52% | -0.03% | — | |
| 35 | ABT | Abbott Laboratories | 股票-醫療保健 | 0.51% | — | -17.34% | |
| 36 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 0.50% | -0.30% | -30.34% | |
| 37 | TSLA | Tesla Inc | 股票-循環性消費 | 0.47% | -0.01% | -90.10% | |
| 38 | RMD | Resmed Inc | 股票-醫療保健 | 0.46% | -0.01% | EXIT | |
| 39 | UPS | United Parcel Service-cl B | 股票-工業 | 0.45% | — | — | |
| 40 | BSX | Boston Scientific CORP | 股票-醫療保健 | 0.45% | +0.04% | +2276.88% | |
| 41 | ALB | Albemarle CORP | 股票-原物料 | 0.45% | — | -22.22% | |
| 42 | PNC | Pnc Financial Services Group | 股票-金融 | 0.44% | — | -73.59% | |
| 43 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.41% | -0.07% | -26.99% | |
| 44 | TEL | TE Connectivity plc | 股票-科技 | 0.41% | -0.06% | — | |
| 45 | ETN | Eaton Corporation plc | 股票-工業 | 0.40% | — | -27.73% | |
| 46 | TJX | Tjx Companies Inc | 股票-循環性消費 | 0.40% | — | -28.77% | |
| 47 | C | Citigroup Inc | 股票-金融 | 0.40% | +0.01% | — | |
| 48 | URI | United Rentals Inc | 股票-工業 | 0.40% | +0.08% | -58.72% | |
| 49 | XYL | Xylem Inc | 股票-工業 | 0.37% | — | -28.62% | |
| 50 | LOW | Lowe's Cos Inc | 股票-循環性消費 | 0.37% | -0.28% | -27.93% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | ORCL | Oracle CORP | +2.9% | -4.01% | 加碼 |
| 2 | PAYS | Paysign Inc | +2.5% | — | 加碼 |
| 3 | NVDA | Nvidia CORP | +2.2% | -13.53% | 加碼 |
| 4 | SCHW | Schwab (charles) CORP | +2% | — | 加碼 |
| 5 | JPM | Jpmorgan Chase & Co | +1.5% | -24.69% | 加碼 |
| 6 | PSBD | Palmer Square Capital Bdc In | +1.1% | — | 加碼 |
| 7 | GOOGL | Alphabet Inc-cl A | +1% | -45.72% | 減碼 |
| 8 | CRM | Salesforce Inc | +0.7% | — | 加碼 |
| 9 | GEV | GE Vernova Inc | +0.6% | -21.71% | 加碼 |
| 10 | AVGO | Broadcom Inc | +0.5% | -16.88% | 加碼 |
| 11 | CDNS | Cadence Design Sys Inc | +0.5% | +258.30% | 加碼 |
| 12 | BSX | Boston Scientific CORP | +0.4% | +2276.88% | 加碼 |
| 13 | GLW | Corning Inc | +0.4% | -24.56% | 減碼 |
| 14 | TSM | Taiwan Semiconductor-sp Adr | +0.3% | +733.21% | 加碼 |
| 15 | MSFT | Microsoft CORP | +0.3% | -43.23% | 減碼 |
| 16 | BX | Blackstone Inc | +0.3% | +1219.17% | 加碼 |
| 17 | ANET | Arista Networks Inc | +0.3% | -28.16% | 減碼 |
| 18 | MDLZ | Mondelez International Inc-a | +0.2% | -28.50% | 加碼 |
| 19 | DHR | Danaher CORP | +0.2% | — | 加碼 |
| 20 | TSLA | Tesla Inc | +0.2% | -90.10% | 加碼 |
| 21 | KLAC | Kla CORP | +0.2% | -28.64% | 減碼 |
| 22 | META | Meta Platforms Inc-class A | +0.2% | -31.16% | 減碼 |
| 23 | GS | Goldman Sachs Group Inc | +0.2% | -27.47% | 減碼 |
| 24 | NEE | Nextera Energy Inc | +0.2% | — | 加碼 |
| 25 | P | Everpure Inc-a | +0.2% | — | 加碼 |
| 26 | NOW | Servicenow Inc | +0.1% | -22.64% | 加碼 |
| 27 | FAS | Dirx Dly Finacial B3x Etf-ui | +0.1% | — | 加碼 |
| 28 | ABBV | Abbvie Inc | +0.1% | -19.20% | 加碼 |
| 29 | PSX | Phillips 66 | +0.1% | — | 加碼 |
| 30 | ALB | Albemarle CORP | +0.1% | -22.22% | 加碼 |
| 31 | BLK | Blackrock Inc | +0.1% | -27.68% | 減碼 |
| 32 | PANW | Palo Alto Networks Inc | +0.1% | -25.51% | 減碼 |
| 33 | CRWD | Crowdstrike Holdings Inc - A | +0.1% | — | 加碼 |
| 34 | ETN | Eaton Corporation plc | +0.1% | -27.73% | 減碼 |
| 35 | UNP | Union Pacific CORP | +0.1% | — | 加碼 |
| 36 | KR | Kroger Co | +0.1% | -28.63% | 加碼 |
| 37 | NDAQ | Nasdaq Inc | +0.1% | — | 加碼 |
| 38 | UPS | United Parcel Service-cl B | +0.1% | — | 加碼 |
| 39 | RIVN | Rivian Automotive Inc-a | +0.1% | — | 加碼 |
| 40 | RMD | Resmed Inc | +0.1% | -28.06% | 減碼 |
| 41 | ABT | Abbott Laboratories | +0.1% | -17.34% | 加碼 |
| 42 | WMT | Walmart Inc | +0.1% | +0.03% | 加碼 |
| 43 | LDOS | Leidos Holdings Inc | +0.1% | — | 加碼 |
| 44 | ACM | Aecom | +0.1% | — | 加碼 |
| 45 | EXPE | Expedia Group Inc | +0.1% | +56.88% | 加碼 |
| 46 | TT | Trane Technologies plc | +0.1% | — | 加碼 |
| 47 | MA | Mastercard Inc - A | +0.1% | — | 加碼 |
| 48 | HD | Home Depot Inc | +0.1% | — | 加碼 |
| 49 | XYL | Xylem Inc | +0.1% | -28.62% | 減碼 |
| 50 | BKNG | Booking Holdings Inc | +0.1% | -30.34% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，1248 Management, LLC 在 Q3 2025 季度的美股持倉總市值約為 US$2.6億，共申報了 156 個公開持股部位。
在 Q3 2025 季度，1248 Management, LLC 按市值排列的前三大核心持股分別為：PSBD (21.1%)、GOOGL (7.1%)、JPM (5.9%)。其中最大持股部位 PSBD 佔據整體投資組合約 21.1% 的權重。
在 Q3 2025 季度中，1248 Management, LLC 共進行了 182 項持倉異動，包含新建倉 13 個部位、加碼 81 個部位、減碼 52 個部位以及清倉 36 個部位。 其中最大新建倉標的為 GRNY。 本季清倉部位包含 SPY。
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。
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。
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。