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: 0001165408
申報總市值
US$713.2億
US$713.2億
843 檔
18.5%
根據最新整理的 13F 季度數據集，Adage Capital Partners Gp, L.l.c. 於 Q2 2025 結束時的管理資產規模為 US$713.2億。該機構在本季度申報了 843 檔美股持倉，呈現出該時期的主要投資地圖。
觀察 Q2 2025 的申報異動，Adage Capital Partners Gp, L.l.c. 採取了強勁的買進策略，建倉與加碼動作（合計 127 筆）涵蓋多個核心板塊，展現機構對特定產業前景之樂觀態度。
檢視投資組合結構，前 5 大主力部位（包含 NVDA, MSFT, AAPL）占據了總市值的 18.5%，展現出該機構在 Q2 2025 的重點資金聚焦與風險分佈特徵。
僅顯示前 200 大持股（共 843 檔）
| # | 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 | 6.00% | +0.22% | +0.22% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 5.77% | -0.31% | +1.65% | |
| 3 | AAPL | Apple Inc | 股票-科技 | 4.64% | +0.16% | -1.46% | |
| 4 | AMZN | Amazon.com Inc | 股票-循環性消費 | 3.35% | -0.01% | +6.41% | |
| 5 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 2.50% | -0.19% | -5.79% | |
| 6 | HES | Hess CORP | 股票-其他 | 2.28% | — | -5.18% | |
| 7 | AVGO | Broadcom Inc | 股票-科技 | 1.96% | +0.26% | +3.71% | |
| 8 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 1.58% | +0.30% | +0.59% | |
| 9 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 1.36% | -0.11% | +4.67% | |
| 10 | TSLA | Tesla Inc | 股票-循環性消費 | 1.35% | +0.08% | -0.60% | |
| 11 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 1.29% | +0.27% | +2.21% | |
| 12 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.22% | — | -0.97% | |
| 13 | LLY | Eli Lilly & Co | 股票-醫療保健 | 1.11% | -0.14% | +13.49% | |
| 14 | V | Visa Inc-class A Shares | 股票-金融 | 0.98% | +0.02% | -2.82% | |
| 15 | HD | Home Depot Inc | 股票-循環性消費 | 0.89% | -0.07% | +18.37% | |
| 16 | NFLX | Netflix Inc | 股票-通訊服務 | 0.89% | -0.18% | +2.90% | |
| 17 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.79% | -0.19% | +20.69% | |
| 18 | WMT | Walmart Inc | 股票-非循環性消費 | 0.75% | -0.12% | +14.43% | |
| 19 | DOV | Dover CORP | 股票-工業 | 0.73% | +0.16% | +10.60% | |
| 20 | COP | Conocophillips | 股票-能源 | 0.69% | -0.23% | +18.04% | |
| 21 | MA | Mastercard Inc - A | 股票-金融 | 0.69% | -0.04% | +0.50% | |
| 22 | HUBB | Hubbell Inc | 股票-工業 | 0.66% | -0.04% | -0.97% | |
| 23 | XOM | Exxon Mobil CORP | 股票-能源 | 0.64% | -0.03% | -13.69% | |
| 24 | ORCL | Oracle CORP | 股票-科技 | 0.61% | -0.06% | -7.57% | |
| 25 | BAC | Bank Of America CORP | 股票-金融 | 0.59% | +0.04% | +9.47% | |
| 26 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.58% | -0.09% | -9.00% | |
| 27 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.51% | +0.07% | -10.00% | |
| 28 | SLNOEUR | Soleno Therapeutics Inc | 股票-其他 | 0.50% | — | -18.59% | |
| 29 | CSCO | Cisco Systems Inc | 股票-科技 | 0.50% | +0.11% | -2.90% | |
| 30 | IBM | Intl Business Machines CORP | 股票-科技 | 0.49% | — | +9.85% | |
| 31 | INSM | Insmed Inc | 股票-醫療保健 | 0.48% | -0.10% | -17.04% | |
| 32 | CRM | Salesforce Inc | 股票-科技 | 0.47% | -0.12% | +23.54% | |
| 33 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 0.45% | -0.12% | +4.22% | |
| 34 | PM | Philip Morris International | 股票-非循環性消費 | 0.44% | -0.01% | +0.54% | |
| 35 | KO | Coca-cola Co/the | 股票-非循環性消費 | 0.42% | -0.06% | +14.99% | |
| 36 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 0.40% | +0.20% | -15.76% | |
| 37 | DIS | Walt Disney Co/the | 股票-通訊服務 | 0.40% | -0.06% | -9.52% | |
| 38 | WFC | Wells Fargo & Co | 股票-金融 | 0.40% | -0.02% | +4.18% | |
| 39 | T | At&t Inc | 股票-通訊服務 | 0.37% | -0.10% | +6.23% | |
| 40 | BSX | Boston Scientific CORP | 股票-醫療保健 | 0.37% | -0.37% | -20.71% | |
| 41 | INTU | Intuit Inc | 股票-科技 | 0.37% | -0.08% | -18.27% | |
| 42 | ABT | Abbott Laboratories | 股票-醫療保健 | 0.37% | +0.03% | +12.70% | |
| 43 | RPRX | Royalty Pharma plc | 股票-醫療保健 | 0.36% | -0.35% | -4.00% | |
| 44 | GE | General Electric | 股票-工業 | 0.36% | +0.01% | +2.84% | |
| 45 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.34% | -0.02% | +4.55% | |
| 46 | ISRG | Intuitive Surgical Inc | 股票-醫療保健 | 0.34% | -0.09% | -4.37% | |
| 47 | DHR | Danaher CORP | 股票-醫療保健 | 0.33% | +0.01% | +2.19% | |
| 48 | AMD | Advanced Micro Devices | 股票-科技 | 0.33% | +0.76% | +3.58% | |
| 49 | NOW | Servicenow Inc | 股票-科技 | 0.32% | -0.02% | +8.41% | |
| 50 | BA | Boeing Co/the | 股票-工業 | 0.32% | -0.04% | +6.75% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | +1.5% | +0.22% | 加碼 |
| 2 | MSFT | Microsoft CORP | +1.1% | +1.65% | 加碼 |
| 3 | AVGO | Broadcom Inc | +0.7% | +3.71% | 加碼 |
| 4 | AMZN | Amazon.com Inc | +0.4% | +6.41% | 加碼 |
| 5 | NFLX | Netflix Inc | +0.2% | +2.90% | 加碼 |
| 6 | META | Meta Platforms Inc-class A | +0.2% | -5.79% | 減碼 |
| 7 | JNJ | Johnson & Johnson | +0.2% | +179.92% | 加碼 |
| 8 | CSX | Csx CORP | +0.2% | +217.59% | 加碼 |
| 9 | COF | Capital One Financial CORP | +0.2% | NEW | 新建倉 |
| 10 | IONS | Ionis Pharmaceuticals Inc | +0.2% | +253.29% | 加碼 |
| 11 | PLTR | Palantir Technologies Inc-a | +0.2% | +4.22% | 加碼 |
| 12 | NEE | Nextera Energy Inc | +0.2% | +181.89% | 加碼 |
| 13 | ORCL | Oracle CORP | +0.2% | -7.57% | 減碼 |
| 14 | ROP | Roper Technologies Inc | +0.1% | NEW | 新建倉 |
| 15 | TSLA | Tesla Inc | +0.1% | -0.60% | 減碼 |
| 16 | ARGX | Argenx Se - Adr | +0.1% | +114.31% | 加碼 |
| 17 | BRO | Brown & Brown Inc | +0.1% | NEW | 新建倉 |
| 18 | OVV | Ovintiv Inc | +0.1% | +143.76% | 加碼 |
| 19 | UNP | Union Pacific CORP | +0.1% | +1178.27% | 加碼 |
| 20 | TRV | Travelers Cos Inc/the | +0.1% | +258.49% | 加碼 |
| 21 | RGA | Reinsurance Group Of America | +0.1% | NEW | 新建倉 |
| 22 | CMG | Chipotle Mexican Grill Inc | +0.1% | +64.52% | 加碼 |
| 23 | AWI | Armstrong World Industries | +0.1% | +121.32% | 加碼 |
| 24 | MTDR | Matador Resources Co | +0.1% | +143.13% | 加碼 |
| 25 | COIN | Coinbase Global Inc -class A | +0.1% | NEW | 新建倉 |
| 26 | XYL | Xylem Inc | +0.1% | NEW | 新建倉 |
| 27 | WMT | Walmart Inc | +0.1% | +14.43% | 加碼 |
| 28 | TXT | Textron Inc | +0.1% | +270.66% | 加碼 |
| 29 | GEV | GE Vernova Inc | +0.1% | +10.97% | 加碼 |
| 30 | AJG | Arthur J Gallagher & Co | +0.1% | +72.27% | 加碼 |
| 31 | SKAA | Skechers USA Inc-cl A | +0.1% | NEW | 新建倉 |
| 32 | JPM | Jpmorgan Chase & Co | +0.1% | -0.97% | 減碼 |
| 33 | IBM | Intl Business Machines CORP | +0.1% | +9.85% | 加碼 |
| 34 | PFE | Pfizer Inc | +0.1% | +99.09% | 加碼 |
| 35 | HO1 | Hologic Inc | +0.1% | NEW | 新建倉 |
| 36 | FERG | Ferguson Enterprises Inc | +0.1% | +80.11% | 加碼 |
| 37 | HCC | Warrior Met Coal Inc | +0.1% | +130.37% | 加碼 |
| 38 | BAC | Bank Of America CORP | +0.1% | +9.47% | 加碼 |
| 39 | AMD | Advanced Micro Devices | +0.1% | +3.58% | 加碼 |
| 40 | NOW | Servicenow Inc | +0.1% | +8.41% | 加碼 |
| 41 | DVN | Devon Energy CORP | +0.1% | +83.86% | 加碼 |
| 42 | UBER | Uber Technologies Inc | +0.1% | +15.86% | 加碼 |
| 43 | MDGL | Madrigal Pharmaceuticals Inc | +0.1% | +96.32% | 加碼 |
| 44 | TXNM | Txnm Energy Inc | +0.1% | +83.14% | 加碼 |
| 45 | HNI | Hni CORP | +0.1% | +348.80% | 加碼 |
| 46 | AIG | American International Group | +0.1% | +462.89% | 加碼 |
| 47 | GEHC | GE Healthcare Technology | +0.1% | NEW | 新建倉 |
| 48 | ✓ | Merus N V | +0.1% | NEW | 新建倉 |
| 49 | PTGX | Protagonist Therapeutics Inc | +0.1% | +217.98% | 加碼 |
| 50 | SYK | Stryker CORP | +0.1% | +75.28% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Adage Capital Partners Gp, L.l.c. 在 Q2 2025 季度的美股持倉總市值約為 US$713.2億，共申報了 843 個公開持股部位。
在 Q2 2025 季度，Adage Capital Partners Gp, L.l.c. 按市值排列的前三大核心持股分別為：NVDA (6.0%)、MSFT (5.8%)、AAPL (4.6%)。其中最大持股部位 NVDA 佔據整體投資組合約 6.0% 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
COF
市值: US$1.2億
本季最大獲利了結 / 清倉標的
DFSEUR
前期市值: US$1.6億
在 Q2 2025 季度中，Adage Capital Partners Gp, L.l.c. 共進行了 200 項持倉異動，包含新建倉 27 個部位、加碼 100 個部位、減碼 57 個部位以及清倉 16 個部位。 其中最大新建倉標的為 COF。 本季清倉部位包含 DFSEUR。
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。