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: 0001728201
申報總市值
US$64.3億
US$64.3億
96 檔
9.2%
Aequim Alternative Investments LP 在 Q2 2025 季度的美股部位總計估值為 US$64.3億，分散於 96 個持倉標的之中，反映其市場參與廣度與投資規模。
Aequim Alternative Investments LP 於 Q2 2025 展現出進攻型調倉步調，本季推動了 15 檔股票的新建倉與 13 檔既有部位加碼，整體資金傾向擴大在美股市場的曝險佈局。
從部位權重觀察，前 5 大標的（包含 TXNM 5.75 06-01-54, ABNB 0 03-15-26, STX 3.5 06-01-28）累計市值佔比達 9.2%，是驅動 Aequim Alternative Investments LP 該季度整體投資組合績效表現的核心支柱。
| # | 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 | TXNM 5.75 06-01-54債券 | Txnm Energy Inc | 債券 | 4.66% | -0.35% | — | |
| 2 | ABNB 0 03-15-26債券 | Airbnb Inc | 債券 | 3.94% | — | +8.70% | |
| 3 | STX 3.5 06-01-28債券 | Seagate Hdd Cayman | 債券 | 3.70% | -3.99% | EXIT | |
| 4 | BTSG 6.75 02-01-27債券 | Brightspring Health Serv | 債券 | 3.47% | — | +13.16% | |
| 5 | HPE 7.625 09-01-27債券 | Hp Enterprise Co | 債券 | 3.45% | +2.99% | — | |
| 6 | RIVN 3.625 10-15-30債券 | Rivian Auto Inc | 債券 | 3.37% | -0.32% | — | |
| 7 | BABA 0.5 06-01-31債券 | Alibaba Group Holding | 債券 | 3.33% | -1.22% | — | |
| 8 | F 0 03-15-26債券 | Ford Motor Company | 債券 | 3.28% | — | — | |
| 9 | UGI 5 06-01-28債券 | Ugi CORP | 債券 | 3.16% | -0.94% | — | |
| 10 | EVRG 4.5 12-15-27債券 | Evergy Inc | 債券 | 2.86% | -0.55% | +7.14% | |
| 11 | WEC 4.375 06-01-29債券 | Wec Energy Group Inc | 債券 | 2.83% | -0.36% | — | |
| 12 | CNP 4.25 08-15-26債券 | Centerpoint Energy Inc | 債券 | 2.74% | -0.46% | — | |
| 13 | EXEEL | Chesapeake Energy CORP -cw26 | 股票-其他 | 2.61% | — | -36.07% | |
| 14 | AWK 3.625 06-15-26債券 | American Water Capital C | 債券 | 2.47% | -1.61% | EXIT | |
| 15 | BA 6 10-15-27債券 | Boeing Co/the | 債券 | 2.44% | +0.16% | NEW | |
| 16 | VTR 3.75 06-01-26債券 | Ventas Realty LP | 債券 | 2.32% | -3.15% | EXIT | |
| 17 | ETSY 0.125 10-01-26債券 | Etsy Inc | 債券 | 2.26% | +0.03% | +10.00% | |
| 18 | CMS 3.375 05-01-28債券 | Cms Energy CORP | 債券 | 2.08% | -0.33% | — | |
| 19 | LNT 3.875 03-15-26債券 | Alliant Energy CORP | 債券 | 2.01% | — | — | |
| 20 | IDCC 3.5 06-01-27債券 | Interdigital Inc | 債券 | 1.90% | -0.42% | — | |
| 21 | RGEN 1 12-15-28債券 | Repligen CORP | 債券 | 1.90% | -0.34% | +20.62% | |
| 22 | WEC 4.375 06-01-27債券 | Wec Energy Group Inc | 債券 | 1.84% | -0.31% | — | |
| 23 | PCG 6 12-01-27 A債券 | Pg&e CORP | 債券 | 1.84% | -0.42% | +11.11% | |
| 24 | ALRM 0 01-15-26債券 | Alarm.com Hldgs Inc | 債券 | 1.83% | — | +35.29% | |
| 25 | PRGS 1 04-15-26債券 | Progress Software CORP | 債券 | 1.75% | -0.58% | EXIT | |
| 26 | DUK 4.125 04-15-26債券 | Duke Energy CORP | 債券 | 1.66% | -2.14% | EXIT | |
| 27 | SHOPCN 0.125 11-01-25債券 | Shopify Inc | 債券 | 1.65% | — | — | |
| 28 | NEE 7.299 06-01-27債券 | Nextera Energy Inc | 債券 | 1.61% | +0.11% | — | |
| 29 | ALNY 1 09-15-27債券 | Alnylam Pharmaceuticals | 債券 | 1.59% | — | -6.25% | |
| 30 | SO 3.875 12-15-25債券 | Southern Co | 債券 | 1.57% | — | -51.67% | |
| 31 | BL 0 03-15-26債券 | Blackline Inc | 債券 | 1.21% | — | — | |
| 32 | EXAS 0.375 03-15-27債券 | Exact Sciences CORP | 債券 | 1.17% | — | — | |
| 33 | SO 4.5 06-15-27債券 | Southern Co | 債券 | 1.06% | — | — | |
| 34 | PCG 4.25 12-01-27債券 | Pg&e CORP | 債券 | 0.97% | -0.26% | — | |
| 35 | CFLT 0 01-15-27債券 | Confluent Inc | 債券 | 0.93% | — | -4.62% | |
| 36 | CCL1EUR | Carnival CORP LTD | 股票-循環性消費 | 0.92% | — | — | |
| 37 | GTLS 6.75 12-15-25 B債券 | Chart Industries Inc | 債券 | 0.92% | — | -7.00% | |
| 38 | ALB 7.25 03-01-27債券 | Albemarle CORP | 債券 | 0.84% | +0.10% | +6.67% | |
| 39 | SPOT | Spotify Technology S.A. | 股票-通訊服務 | 0.81% | — | +30.00% | |
| 40 | COIN | Coinbase Global Inc -class A | 股票-金融 | 0.78% | -0.11% | +16.67% | |
| 41 | GH 1.25 02-15-31債券 | Guardant Health Inc | 債券 | 0.76% | +0.08% | -42.86% | |
| 42 | CSGS 3.875 09-15-28債券 | Csg Systems Internationa | 債券 | 0.74% | — | — | |
| 43 | JAMF 0.125 09-01-26債券 | Jamf Holding CORP | 債券 | 0.69% | — | — | |
| 44 | FE 4 05-01-26債券 | Firstenergy CORP | 債券 | 0.66% | -0.26% | EXIT | |
| 45 | FLR | Fluor CORP | 股票-工業 | 0.63% | -0.03% | — | |
| 46 | ENPH 0 03-01-26債券 | Enphase Energy Inc | 債券 | 0.62% | — | +33.33% | |
| 47 | PPL 2.875 03-15-28債券 | Ppl Capital Funding Inc | 債券 | 0.62% | -0.11% | — | |
| 48 | CYTK 3.5 07-01-27債券 | Cytokinetics Inc | 債券 | 0.61% | — | — | |
| 49 | U 0 11-15-26債券 | Unity Software Inc | 債券 | 0.57% | -0.06% | — | |
| 50 | ENOV 3.875 10-15-28債券 | Enovis CORP | 債券 | 0.56% | — | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | TXNM 5.75 06-01-54債券 | Txnm Energy Inc | +4.7% | NEW | 新建倉 |
| 2 | BABA 0.5 06-01-31債券 | Alibaba Group Holding | +3.3% | NEW | 新建倉 |
| 3 | UGI 5 06-01-28債券 | Ugi CORP | +3.2% | NEW | 新建倉 |
| 4 | WEC 4.375 06-01-29債券 | Wec Energy Group Inc | +2.8% | NEW | 新建倉 |
| 5 | WEC 4.375 06-01-27債券 | Wec Energy Group Inc | +1.8% | NEW | 新建倉 |
| 6 | BA 6 10-15-27債券 | Boeing Co/the | +1.5% | +175.00% | 加碼 |
| 7 | STX 3.5 06-01-28債券 | Seagate Hdd Cayman | +1.3% | +26.00% | 加碼 |
| 8 | SO 4.5 06-15-27債券 | Southern Co | +1.1% | NEW | 新建倉 |
| 9 | PCG 4.25 12-01-27債券 | Pg&e CORP | +1% | NEW | 新建倉 |
| 10 | BTSG 6.75 02-01-27債券 | Brightspring Health Serv | +0.5% | +13.16% | 加碼 |
| 11 | UBER 0.875 12-01-28 2028債券 | Uber Technologies Inc | +0.4% | NEW | 新建倉 |
| 12 | MCHP | Microchip Technology Inc | +0.4% | NEW | 新建倉 |
| 13 | VERX 0.75 05-01-29債券 | Vertex Inc | +0.4% | NEW | 新建倉 |
| 14 | COIN | Coinbase Global Inc -class A | +0.4% | +16.67% | 加碼 |
| 15 | NTNX | Nutanix Inc - A | +0.3% | NEW | 新建倉 |
| 16 | SPOT | Spotify Technology S.A. | +0.3% | +30.00% | 加碼 |
| 17 | ALRM 0 01-15-26債券 | Alarm.com Hldgs Inc | +0.2% | +35.29% | 加碼 |
| 18 | ✓ | Cyberark Software LTD. Cmn | +0.2% | NEW | 新建倉 |
| 19 | CCL1EUR | Carnival CORP LTD | +0.1% | — | 不變 |
| 20 | NET | Cloudflare Inc - Class A | +0.1% | +612.70% | 加碼 |
| 21 | NEE 6.926 09-01-25債券 | Nextera Energy Inc | +0.1% | NEW | 新建倉 |
| 22 | WOLF 1.75 05-01-26債券 | Wolfspeed Inc | +0.1% | NEW | 新建倉 |
| 23 | CAKE | Cheesecake Factory Inc/the | +0.1% | NEW | 新建倉 |
| 24 | FLR | Fluor CORP | +0.1% | — | 不變 |
| 25 | ENPH 0 03-01-26債券 | Enphase Energy Inc | +0.1% | +33.33% | 加碼 |
| 26 | HPE 7.625 09-01-27債券 | Hp Enterprise Co | +0.1% | — | 不變 |
| 27 | RGEN 1 12-15-28債券 | Repligen CORP | 0% | +20.62% | 加碼 |
| 28 | PRGS 1 04-15-26債券 | Progress Software CORP | -0.2% | — | 不變 |
| 29 | ACCD 0.5 04-01-26債券 | Accolade Inc | -0.2% | EXIT | 清倉 |
| 30 | ETSY 0.125 10-01-26債券 | Etsy Inc | -0.2% | +10.00% | 加碼 |
| 31 | IDCC 3.5 06-01-27債券 | Interdigital Inc | -0.2% | — | 不變 |
| 32 | ETSY 0.25 06-15-28債券 | Etsy Inc | -0.2% | -28.57% | 減碼 |
| 33 | EVRG 4.5 12-15-27債券 | Evergy Inc | -0.4% | +7.14% | 加碼 |
| 34 | ABNB 0 03-15-26債券 | Airbnb Inc | -0.4% | +8.70% | 加碼 |
| 35 | DFSEUR | Discover Financial Services | -0.4% | EXIT | 清倉 |
| 36 | RPD 2.25 05-01-25債券 | Rapid7 Inc | -0.5% | EXIT | 清倉 |
| 37 | MIDD 1 09-01-25債券 | Middleby CORP | -0.5% | EXIT | 清倉 |
| 38 | PCG 6 12-01-27 A債券 | Pg&e CORP | -0.5% | +11.11% | 加碼 |
| 39 | RIVN 3.625 10-15-30債券 | Rivian Auto Inc | -0.6% | — | 不變 |
| 40 | SMCI 3.5 03-01-29債券 | Super Micro Computer Inc | -0.6% | -50.00% | 減碼 |
| 41 | GH 1.25 02-15-31債券 | Guardant Health Inc | -0.7% | -42.86% | 減碼 |
| 42 | UBER | Uber Technologies Inc | -0.7% | EXIT | 清倉 |
| 43 | VTR 3.75 06-01-26債券 | Ventas Realty LP | -0.7% | — | 不變 |
| 44 | LUV 1.25 05-01-25債券 | Southwest Airlines Co | -0.8% | EXIT | 清倉 |
| 45 | CNK | Cinemark Holdings Inc | -1% | EXIT | 清倉 |
| 46 | DDOG 0.125 06-15-25債券 | Datadog Inc | -1.1% | EXIT | 清倉 |
| 47 | NTNX 0.25 10-01-27債券 | Nutanix Inc | -1.4% | EXIT | 清倉 |
| 48 | FE 4 05-01-26債券 | Firstenergy CORP | -1.9% | -68.00% | 減碼 |
| 49 | EXEEL | Chesapeake Energy CORP -cw26 | -2% | -36.07% | 減碼 |
| 50 | SO 3.875 12-15-25債券 | Southern Co | -2.4% | -51.67% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Aequim Alternative Investments LP 在 Q2 2025 季度的美股持倉總市值約為 US$64.3億，共申報了 96 個公開持股部位。
在 Q2 2025 季度，Aequim Alternative Investments LP 按市值排列的前三大核心持股分別為：TXNM 5.75 06-01-54 (4.7%)、ABNB 0 03-15-26 (3.9%)、STX 3.5 06-01-28 (3.7%)。其中最大持股部位 TXNM 5.75 06-01-54 佔據整體投資組合約 4.7% 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
TXNM 5.75 06-01-54
市值: US$1.4億
本季最大獲利了結 / 清倉標的
NTNX 0.25 10-01-27
前期市值: US$3512.6萬
在 Q2 2025 季度中，Aequim Alternative Investments LP 共進行了 43 項持倉異動，包含新建倉 15 個部位、加碼 13 個部位、減碼 6 個部位以及清倉 9 個部位。 其中最大新建倉標的為 TXNM 5.75 06-01-54。 本季清倉部位包含 NTNX 0.25 10-01-27。
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。