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
95 檔
18.8%
根據最新整理的 13F 季度數據集，Aequim Alternative Investments LP 於 Q3 2025 結束時的管理資產規模為 US$64.3億。該機構在本季度申報了 95 檔美股持倉，呈現出該時期的主要投資地圖。
觀察 Q3 2025 的申報異動，Aequim Alternative Investments LP 採取了強勁的買進策略，建倉與加碼動作（合計 31 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 SPY, BABA 0.5 06-01-31, STX 3.5 06-01-28）占據了總市值的 18.8%，展現出該機構在 Q3 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 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 9.61% | — | — | |
| 2 | BABA 0.5 06-01-31債券 | Alibaba Group Holding | 債券 | 5.10% | -1.22% | +56.25% | |
| 3 | STX 3.5 06-01-28債券 | Seagate Hdd Cayman | 債券 | 4.70% | -3.99% | EXIT | |
| 4 | SNOW 0 10-01-27債券 | Snowflake Inc | 債券 | 4.04% | -0.26% | — | |
| 5 | F 0 03-15-26債券 | Ford Motor Company | 債券 | 3.43% | — | +49.75% | |
| 6 | TXNM 5.75 06-01-54債券 | Txnm Energy Inc | 債券 | 3.19% | -0.35% | — | |
| 7 | EVRG 4.5 12-15-27債券 | Evergy Inc | 債券 | 3.07% | -0.55% | +46.67% | |
| 8 | BTSG 6.75 02-01-27債券 | Brightspring Health Serv | 債券 | 2.89% | — | — | |
| 9 | BA 6 10-15-27債券 | Boeing Co/the | 債券 | 2.78% | +0.16% | NEW | |
| 10 | ABNB 0 03-15-26債券 | Airbnb Inc | 債券 | 2.72% | — | — | |
| 11 | HPE 7.625 09-01-27債券 | Hp Enterprise Co | 債券 | 2.71% | +2.99% | — | |
| 12 | RIVN 3.625 10-15-30債券 | Rivian Auto Inc | 債券 | 2.56% | -0.32% | +8.70% | |
| 13 | TCOM 0.75 06-15-29債券 | Trip.com Group LTD | 債券 | 2.55% | -0.66% | — | |
| 14 | ETSY 0.125 10-01-26債券 | Etsy Inc | 債券 | 2.34% | +0.03% | +41.96% | |
| 15 | WEC 4.375 06-01-29債券 | Wec Energy Group Inc | 債券 | 2.32% | -0.36% | +13.33% | |
| 16 | VTR 3.75 06-01-26債券 | Ventas Realty LP | 債券 | 2.12% | -3.15% | EXIT | |
| 17 | UGI 5 06-01-28債券 | Ugi CORP | 債券 | 1.99% | -0.94% | — | |
| 18 | IDCC 3.5 06-01-27債券 | Interdigital Inc | 債券 | 1.98% | -0.42% | — | |
| 19 | CNP 4.25 08-15-26債券 | Centerpoint Energy Inc | 債券 | 1.91% | -0.46% | — | |
| 20 | DUK 4.125 04-15-26債券 | Duke Energy CORP | 債券 | 1.91% | -2.14% | EXIT | |
| 21 | BRKR 6.375 09-01-28債券 | Bruker CORP | 債券 | 1.81% | +1.23% | — | |
| 22 | WDC 3 11-15-28債券 | Western Digital CORP | 債券 | 1.78% | +8.19% | — | |
| 23 | GTLS 6.75 12-15-25 B債券 | Chart Industries Inc | 債券 | 1.58% | — | +115.05% | |
| 24 | RGEN 1 12-15-28債券 | Repligen CORP | 債券 | 1.57% | -0.34% | +19.66% | |
| 25 | CMS 3.375 05-01-28債券 | Cms Energy CORP | 債券 | 1.46% | -0.33% | — | |
| 26 | LNT 3.875 03-15-26債券 | Alliant Energy CORP | 債券 | 1.43% | — | — | |
| 27 | AWK 3.625 06-15-26債券 | American Water Capital C | 債券 | 1.33% | -1.61% | EXIT | |
| 28 | WEC 4.375 06-01-27債券 | Wec Energy Group Inc | 債券 | 1.33% | -0.31% | — | |
| 29 | PCG 6 12-01-27 A債券 | Pg&e CORP | 債券 | 1.31% | -0.42% | — | |
| 30 | ALRM 0 01-15-26債券 | Alarm.com Hldgs Inc | 債券 | 1.26% | — | — | |
| 31 | SO 3.875 12-15-25債券 | Southern Co | 債券 | 1.25% | — | +14.94% | |
| 32 | LYV 3.125 01-15-29債券 | Live Nation Entertainmen | 債券 | 1.24% | +0.68% | +283.33% | |
| 33 | SHOPCN 0.125 11-01-25債券 | Shopify Inc | 債券 | 1.17% | — | — | |
| 34 | PRGS 1 04-15-26債券 | Progress Software CORP | 債券 | 1.11% | -0.58% | EXIT | |
| 35 | ITRI 1.375 07-15-30債券 | Itron Inc | 債券 | 1.02% | -0.05% | — | |
| 36 | ECHO 3.875 11-30-30債券 | Echostar CORP | 債券 | 0.96% | -1.43% | — | |
| 37 | PCG 4.25 12-01-27債券 | Pg&e CORP | 債券 | 0.90% | -0.26% | +33.33% | |
| 38 | BL 0 03-15-26債券 | Blackline Inc | 債券 | 0.84% | — | — | |
| 39 | NEE 7.299 06-01-27債券 | Nextera Energy Inc | 債券 | 0.80% | +0.11% | -30.95% | |
| 40 | SPOT | Spotify Technology S.A. | 股票-通訊服務 | 0.74% | — | +46.15% | |
| 41 | SO 4.5 06-15-27債券 | Southern Co | 債券 | 0.73% | — | — | |
| 42 | CFLT 0 01-15-27債券 | Confluent Inc | 債券 | 0.65% | — | — | |
| 43 | GH 1.25 02-15-31債券 | Guardant Health Inc | 債券 | 0.58% | +0.08% | — | |
| 44 | COIN | Coinbase Global Inc -class A | 股票-金融 | 0.51% | -0.11% | — | |
| 45 | ENOV 3.875 10-15-28債券 | Enovis CORP | 債券 | 0.50% | — | +31.43% | |
| 46 | UBER 0.875 12-01-28 2028債券 | Uber Technologies Inc | 債券 | 0.49% | -0.23% | EXIT | |
| 47 | JAMF 0.125 09-01-26債券 | Jamf Holding CORP | 債券 | 0.48% | — | — | |
| 48 | FE 4 05-01-26債券 | Firstenergy CORP | 債券 | 0.46% | -0.26% | EXIT | |
| 49 | PPL 2.875 03-15-28債券 | Ppl Capital Funding Inc | 債券 | 0.44% | -0.11% | — | |
| 50 | ENPH 0 03-01-26債券 | Enphase Energy Inc | 債券 | 0.43% | — | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | STX 3.5 06-01-28債券 | Seagate Hdd Cayman | +2.3% | +16.67% | 加碼 |
| 2 | BA 6 10-15-27債券 | Boeing Co/the | +1.8% | +63.64% | 加碼 |
| 3 | LYV 3.125 01-15-29債券 | Live Nation Entertainmen | +0.7% | +283.33% | 加碼 |
| 4 | GTLS 6.75 12-15-25 B債券 | Chart Industries Inc | +0.5% | +115.05% | 加碼 |
| 5 | SPOT | Spotify Technology S.A. | +0.2% | +46.15% | 加碼 |
| 6 | COIN | Coinbase Global Inc -class A | +0.1% | — | 加碼 |
| 7 | BTSG 6.75 02-01-27債券 | Brightspring Health Serv | -0.1% | — | 加碼 |
| 8 | ETSY 0.125 10-01-26債券 | Etsy Inc | -0.1% | +41.96% | 加碼 |
| 9 | IDCC 3.5 06-01-27債券 | Interdigital Inc | -0.2% | — | 不變 |
| 10 | DUK 4.125 04-15-26債券 | Duke Energy CORP | -0.2% | +66.67% | 加碼 |
| 11 | EVRG 4.5 12-15-27債券 | Evergy Inc | -0.2% | +46.67% | 加碼 |
| 12 | RGEN 1 12-15-28債券 | Repligen CORP | -0.3% | +19.66% | 加碼 |
| 13 | ALRM 0 01-15-26債券 | Alarm.com Hldgs Inc | -0.4% | — | 加碼 |
| 14 | F 0 03-15-26債券 | Ford Motor Company | -0.5% | +49.75% | 加碼 |
| 15 | HPE 7.625 09-01-27債券 | Hp Enterprise Co | -0.7% | — | 不變 |
| 16 | VTR 3.75 06-01-26債券 | Ventas Realty LP | -0.9% | +24.37% | 加碼 |
| 17 | NEE 7.299 06-01-27債券 | Nextera Energy Inc | -1.2% | -30.95% | 減碼 |
| 18 | RIVN 3.625 10-15-30債券 | Rivian Auto Inc | -1.4% | +8.70% | 加碼 |
| 19 | AWK 3.625 06-15-26債券 | American Water Capital C | -1.7% | -20.00% | 減碼 |
| 20 | FE 4 05-01-26債券 | Firstenergy CORP | -2.1% | — | 減碼 |
| 21 | SO 3.875 12-15-25債券 | Southern Co | -2.7% | +14.94% | 減碼 |
| 22 | SPY | Ss Spdr S&p 500 ETF Trust-us | — | NEW | 新建倉 |
| 23 | BABA 0.5 06-01-31債券 | Alibaba Group Holding | — | NEW | 新建倉 |
| 24 | SNOW 0 10-01-27債券 | Snowflake Inc | — | NEW | 新建倉 |
| 25 | TXNM 5.75 06-01-54債券 | Txnm Energy Inc | — | NEW | 新建倉 |
| 26 | EXEEL | Chesapeake Energy CORP -cw26 | — | EXIT | 清倉 |
| 27 | TCOM 0.75 06-15-29債券 | Trip.com Group LTD | — | NEW | 新建倉 |
| 28 | WEC 4.375 06-01-29債券 | Wec Energy Group Inc | — | NEW | 新建倉 |
| 29 | UGI 5 06-01-28債券 | Ugi CORP | — | NEW | 新建倉 |
| 30 | BRKR 6.375 09-01-28債券 | Bruker CORP | — | NEW | 新建倉 |
| 31 | WDC 3 11-15-28債券 | Western Digital CORP | — | NEW | 新建倉 |
| 32 | WEC 4.375 06-01-27債券 | Wec Energy Group Inc | — | NEW | 新建倉 |
| 33 | ALNY 1 09-15-27債券 | Alnylam Pharmaceuticals | — | EXIT | 清倉 |
| 34 | ITRI 1.375 07-15-30債券 | Itron Inc | — | NEW | 新建倉 |
| 35 | ECHO 3.875 11-30-30債券 | Echostar CORP | — | NEW | 新建倉 |
| 36 | PCG 4.25 12-01-27債券 | Pg&e CORP | — | NEW | 新建倉 |
| 37 | NTNX 0.25 10-01-27債券 | Nutanix Inc | — | EXIT | 清倉 |
| 38 | EXAS 0.375 03-15-27債券 | Exact Sciences CORP | — | EXIT | 清倉 |
| 39 | SO 4.5 06-15-27債券 | Southern Co | — | NEW | 新建倉 |
| 40 | SMCI 3.5 03-01-29債券 | Super Micro Computer Inc | — | EXIT | 清倉 |
| 41 | DDOG 0.125 06-15-25債券 | Datadog Inc | — | EXIT | 清倉 |
| 42 | ALB 7.25 03-01-27債券 | Albemarle CORP | — | EXIT | 清倉 |
| 43 | CNK | Cinemark Holdings Inc | — | EXIT | 清倉 |
| 44 | UBER 0.875 12-01-28 2028債券 | Uber Technologies Inc | — | NEW | 新建倉 |
| 45 | CSGS 3.875 09-15-28債券 | Csg Systems Internationa | — | EXIT | 清倉 |
| 46 | CYTK 3.5 07-01-27債券 | Cytokinetics Inc | — | EXIT | 清倉 |
| 47 | LUV 1.25 05-01-25債券 | Southwest Airlines Co | — | EXIT | 清倉 |
| 48 | CCL1EUR | Carnival CORP LTD | — | EXIT | 清倉 |
| 49 | UBER | Uber Technologies Inc | — | EXIT | 清倉 |
| 50 | IBIT | Ishares Bitcoin Trust ETF | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Aequim Alternative Investments LP 在 Q3 2025 季度的美股持倉總市值約為 US$64.3億，共申報了 95 個公開持股部位。
在 Q3 2025 季度，Aequim Alternative Investments LP 按市值排列的前三大核心持股分別為：SPY (9.6%)、BABA 0.5 06-01-31 (5.1%)、STX 3.5 06-01-28 (4.7%)。其中最大持股部位 SPY 佔據整體投資組合約 9.6% 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
SPY
市值: US$4.3億
本季最大獲利了結 / 清倉標的
EXEEL
前期市值: US$1.2億
在 Q3 2025 季度中，Aequim Alternative Investments LP 共進行了 48 項持倉異動，包含新建倉 16 個部位、加碼 15 個部位、減碼 4 個部位以及清倉 13 個部位。 其中最大新建倉標的為 SPY。 本季清倉部位包含 EXEEL。
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。