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: 0001316187
申報總市值
US$10.3億
US$10.3億
112 檔
7.3%
截至 Q1 2025 季度末，Absolute Investment Advisers, LLC 的美股持倉估值約為 US$10.3億，全數申報部位共有 112 檔。
在 Q1 2025，Absolute Investment Advisers, LLC 展現出較為審慎的避險與獲利了結姿態。本季共減碼 10 個部位並完全清倉 16 檔持股，調降曝險的部位數量高於加碼動作。
檢視投資組合結構，前 5 大主力部位（包含 FLR 1.125 08-15-29, HALO 1 08-15-28, PATK 1.75 12-01-28）占據了總市值的 7.3%，展現出該機構在 Q1 2025 的重點資金聚焦與風險分佈特徵。
| # | 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 | FLR 1.125 08-15-29債券 | Fluor CORP | 債券 | 2.33% | -0.09% | +7.14% | |
| 2 | HALO 1 08-15-28債券 | Halozyme Therapeutics In | 債券 | 2.25% | -0.14% | — | |
| 3 | PATK 1.75 12-01-28債券 | Patrick Industries Inc | 債券 | 2.24% | -0.65% | — | |
| 4 | LNTH 2.625 12-15-27債券 | Lantheus Holdings Inc | 債券 | 2.19% | — | — | |
| 5 | GBX 2.875 04-15-28債券 | Greenbrier Cos Inc | 債券 | 2.07% | -0.57% | — | |
| 6 | TTEK 2.25 08-15-28債券 | Tetra Tech Inc | 債券 | 2.03% | -0.41% | — | |
| 7 | ORA 2.5 07-15-27債券 | Ormat Technologies Inc | 債券 | 1.96% | -0.46% | EXIT | |
| 8 | PRGS 3.5 03-01-30債券 | Progress Software CORP | 債券 | 1.85% | -0.07% | — | |
| 9 | BTX | Blackrock Tech & Priv Eqty | 股票-其他 | 1.83% | -1.20% | EXIT | |
| 10 | BSY 0.375 07-01-27債券 | Bentley Systems | 債券 | 1.66% | -0.33% | — | |
| 11 | ON 0.5 03-01-29債券 | On Semiconductor CORP | 債券 | 1.66% | +0.03% | +8.22% | |
| 12 | SMTC 1.625 11-01-27債券 | Semtech CORP | 債券 | 1.63% | +0.94% | +12.50% | |
| 13 | CHEF 2.375 12-15-28債券 | Chefs' Warehouse THE | 債券 | 1.63% | — | +14.29% | |
| 14 | GPN 1.5 03-01-31債券 | Global Payments Inc | 債券 | 1.58% | +0.27% | — | |
| 15 | DBX 0 03-01-26債券 | Dropbox Inc | 債券 | 1.58% | — | -4.35% | |
| 16 | EXAS 0.375 03-15-27債券 | Exact Sciences CORP | 債券 | 1.58% | — | — | |
| 17 | PSN 2.625 03-01-29債券 | Parsons CORP | 債券 | 1.55% | -0.32% | — | |
| 18 | ITRI 0 03-15-26債券 | Itron Inc | 債券 | 1.54% | — | — | |
| 19 | CNMD 2.25 06-15-27債券 | Conmed CORP | 債券 | 1.53% | -0.16% | — | |
| 20 | ACP | Abrdn Income Credit Strat | 股票-其他 | 1.52% | -0.62% | EXIT | |
| 21 | CSGS 3.875 09-15-28債券 | Csg Systems Internationa | 債券 | 1.51% | -0.71% | EXIT | |
| 22 | AEIS 2.5 09-15-28債券 | Advanced Energy Ind | 債券 | 1.50% | — | -16.67% | |
| 23 | ECPG 4 03-15-29債券 | Encore Capital Group Inc | 債券 | 1.50% | — | +9.76% | |
| 24 | AKAM 1.125 02-15-29債券 | Akamai Technologies Inc | 債券 | 1.50% | -0.78% | — | |
| 25 | ENOV 3.875 10-15-28債券 | Enovis CORP | 債券 | 1.50% | -0.57% | EXIT | |
| 26 | ARAY 3.75 06-01-26債券 | Accuray Inc | 債券 | 1.47% | -0.52% | EXIT | |
| 27 | PD 1.5 10-15-28 *債券 | Pagerduty Inc. | 債券 | 1.45% | -0.15% | -9.09% | |
| 28 | VSH 2.25 09-15-30債券 | Vishay Intertechnology | 債券 | 1.42% | +0.39% | — | |
| 29 | FVRR 0 11-01-25債券 | Fiverr International LTD | 債券 | 1.42% | — | — | |
| 30 | UPWK 0.25 08-15-26債券 | Upwork Inc | 債券 | 1.35% | -0.17% | — | |
| 31 | AVK | Advent Convert & Income | 股票-其他 | 1.33% | — | -0.92% | |
| 32 | POST 2.5 08-15-27債券 | Post Holdings Inc | 債券 | 1.31% | -0.20% | — | |
| 33 | ZTR | Virtus Total Return Fund Inc | 股票-其他 | 1.29% | -0.22% | EXIT | |
| 34 | WGO 3.25 01-15-30債券 | Winnebago Industries | 債券 | 1.29% | -0.15% | — | |
| 35 | BMEZ | Blackrock Hlth Sci Trm Tr Ii | 股票-其他 | 1.27% | — | +112.74% | |
| 36 | ALRM 0 01-15-26債券 | Alarm.com Hldgs Inc | 債券 | 1.27% | — | — | |
| 37 | GVA 3.75 05-15-28債券 | Granite Construction Inc | 債券 | 1.26% | — | -44.44% | |
| 38 | CFLT 0 01-15-27債券 | Confluent Inc | 債券 | 1.23% | — | +28.26% | |
| 39 | VRNT 0.25 04-15-26債券 | Verint Systems Inc | 債券 | 1.18% | — | — | |
| 40 | W 3.25 09-15-27債券 | Wayfair Inc | 債券 | 1.17% | -0.06% | +15.92% | |
| 41 | VECO 2.875 06-01-29債券 | Veeco Instruments Inc | 債券 | 1.15% | -0.06% | — | |
| 42 | MLAB 1.375 08-15-25債券 | Mesa Laboratories Inc | 債券 | 1.14% | — | — | |
| 43 | IMAX 0.5 04-01-26債券 | Imax CORP | 債券 | 1.13% | — | -30.00% | |
| 44 | GPRE 2.25 03-15-27債券 | Green Plains Inc | 債券 | 1.12% | -0.05% | — | |
| 45 | FRPT 3 04-01-28債券 | Freshpet Inc | 債券 | 1.11% | -0.03% | +126.24% | |
| 46 | PRO 2.25 09-15-27債券 | Pros Holdings Inc | 債券 | 1.11% | — | — | |
| 47 | WK 1.25 08-15-28債券 | Workiva Inc | 債券 | 1.09% | -0.32% | +33.33% | |
| 48 | RPD 0.25 03-15-27債券 | Rapid7 Inc | 債券 | 1.09% | -0.14% | — | |
| 49 | MGNI 0.25 03-15-26債券 | Magnite Inc | 債券 | 1.05% | — | — | |
| 50 | CENX 2.75 05-01-28債券 | Century Aluminum Company | 債券 | 1.00% | -0.42% | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | PRGS 3.5 03-01-30債券 | Progress Software CORP | +1.9% | NEW | 新建倉 |
| 2 | GPN 1.5 03-01-31債券 | Global Payments Inc | +1.6% | NEW | 新建倉 |
| 3 | PSN 2.625 03-01-29債券 | Parsons CORP | +1.6% | NEW | 新建倉 |
| 4 | AKAM 1.125 02-15-29債券 | Akamai Technologies Inc | +1.5% | NEW | 新建倉 |
| 5 | WGO 3.25 01-15-30債券 | Winnebago Industries | +1.3% | NEW | 新建倉 |
| 6 | FIVN 1 03-15-29債券 | Five9 Inc | +0.9% | NEW | 新建倉 |
| 7 | BMEZ | Blackrock Hlth Sci Trm Tr Ii | +0.8% | +112.74% | 加碼 |
| 8 | ✓ | Applied Optoele | +0.7% | NEW | 新建倉 |
| 9 | BTX | Blackrock Tech & Priv Eqty | +0.6% | +57.75% | 加碼 |
| 10 | IRTC 1.5 09-01-29債券 | Irhythm Holdings Inc | +0.6% | NEW | 新建倉 |
| 11 | HALO 1 08-15-28債券 | Halozyme Therapeutics In | +0.6% | — | 不變 |
| 12 | NOG 3.625 04-15-29債券 | Northern Oil & Gas Inc | +0.5% | NEW | 新建倉 |
| 13 | FRPT 3 04-01-28債券 | Freshpet Inc | +0.5% | +126.24% | 加碼 |
| 14 | CHEF 2.375 12-15-28債券 | Chefs' Warehouse THE | +0.5% | +14.29% | 加碼 |
| 15 | CFLT 0 01-15-27債券 | Confluent Inc | +0.4% | +28.26% | 加碼 |
| 16 | AEF | Abrdn Emerging Markets Ex Ch | +0.4% | NEW | 新建倉 |
| 17 | WK 1.25 08-15-28債券 | Workiva Inc | +0.3% | +33.33% | 加碼 |
| 18 | NPCT | Nuveen Core Plus Impact | +0.2% | NEW | 新建倉 |
| 19 | BSTZ | Blackrock Sci & Tech Trm Tr | +0.2% | +356.38% | 加碼 |
| 20 | GBX 2.875 04-15-28債券 | Greenbrier Cos Inc | +0.1% | — | 不變 |
| 21 | FLR 1.125 08-15-29債券 | Fluor CORP | +0.1% | +7.14% | 加碼 |
| 22 | TTEK 2.25 08-15-28債券 | Tetra Tech Inc | — | — | 不變 |
| 23 | VECO 2.875 06-01-29債券 | Veeco Instruments Inc | 0% | — | 不變 |
| 24 | ENOV 3.875 10-15-28債券 | Enovis CORP | -0.1% | -13.04% | 減碼 |
| 25 | XXHYBXX | New America High Income Fund | -0.1% | EXIT | 清倉 |
| 26 | ✓ | Herzfeld Credit Income Fund | -0.2% | EXIT | 清倉 |
| 27 | AEIS 2.5 09-15-28債券 | Advanced Energy Ind | -0.2% | -16.67% | 減碼 |
| 28 | SMTC 1.625 11-01-27債券 | Semtech CORP | -0.2% | +12.50% | 加碼 |
| 29 | GGT | Gabelli Multimedia Trust Inc | -0.2% | -70.49% | 減碼 |
| 30 | IMAX 0.5 04-01-26債券 | Imax CORP | -0.2% | -30.00% | 減碼 |
| 31 | HQH | Abrdn Healthcare Investors | -0.2% | EXIT | 清倉 |
| 32 | MEGI | Nyli Cbre Glbl Infr Mega Trm | -0.2% | -47.20% | 減碼 |
| 33 | HQL | Abrdn Life Sciences Investor | -0.3% | -51.85% | 減碼 |
| 34 | EIM | Eaton Vance Municipal Bond | -0.3% | EXIT | 清倉 |
| 35 | BAND 0.25 03-01-26債券 | Bandwidth Inc | -0.3% | EXIT | 清倉 |
| 36 | PENG 2.25 02-15-26債券 | Penguin Solutions Inc | -0.4% | EXIT | 清倉 |
| 37 | WK 1.125 08-15-26債券 | Workiva Inc | -0.7% | -34.60% | 減碼 |
| 38 | MITK 0.75 02-01-26債券 | Mitek Systems Inc | -0.7% | EXIT | 清倉 |
| 39 | AORT 4.25 07-01-25債券 | Artivion Inc | -0.8% | -83.33% | 減碼 |
| 40 | XXINSIXX | Insight Select Income Fund | -0.9% | EXIT | 清倉 |
| 41 | GVA 3.75 05-15-28債券 | Granite Construction Inc | -1% | -44.44% | 減碼 |
| 42 | DOCN 0 12-01-26債券 | Digitalocean Holdings | -1% | EXIT | 清倉 |
| 43 | JBTM 0.25 05-15-26債券 | Jbt Marel CORP | -1.3% | EXIT | 清倉 |
| 44 | CBRL 0.625 06-15-26債券 | Cracker Barrel Old Count | -1.3% | EXIT | 清倉 |
| 45 | LITE 0.5 12-15-26債券 | Lumentum Holdings Inc | -1.4% | -90.91% | 減碼 |
| 46 | ALTR 1.75 06-15-27債券 | Altair Engineering Inc | -1.6% | EXIT | 清倉 |
| 47 | AXON 0.5 12-15-27債券 | Axon Enterprise Inc | -1.7% | EXIT | 清倉 |
| 48 | LYV 3.125 01-15-29債券 | Live Nation Entertainmen | -1.8% | EXIT | 清倉 |
| 49 | IDCC 3.5 06-01-27債券 | Interdigital Inc | -2.2% | EXIT | 清倉 |
| 50 | ITGR 2.125 02-15-28債券 | Integer Holdings CORP | -2.7% | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Absolute Investment Advisers, LLC 在 Q1 2025 季度的美股持倉總市值約為 US$10.3億，共申報了 112 個公開持股部位。
在 Q1 2025 季度，Absolute Investment Advisers, LLC 按市值排列的前三大核心持股分別為：FLR 1.125 08-15-29 (2.3%)、HALO 1 08-15-28 (2.3%)、PATK 1.75 12-01-28 (2.2%)。其中最大持股部位 FLR 1.125 08-15-29 佔據整體投資組合約 2.3% 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
PRGS 3.5 03-01-30
市值: US$1261.3萬
本季最大獲利了結 / 清倉標的
ITGR 2.125 02-15-28
前期市值: US$2077.2萬
在 Q1 2025 季度中，Absolute Investment Advisers, LLC 共進行了 46 項持倉異動，包含新建倉 11 個部位、加碼 9 個部位、減碼 10 個部位以及清倉 16 個部位。 其中最大新建倉標的為 PRGS 3.5 03-01-30。 本季清倉部位包含 ITGR 2.125 02-15-28。
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。