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: 0001700286
申報總市值
US$15.2億
US$15.2億
67 檔
14.3%
在 Q3 2025 的 13F 官方備案中，Algebris 管理的美股投資組合規模來到 US$15.2億，整體持股檔數為 67 檔。
Q3 2025 數據顯示 Algebris 積極進場，新開立 23 個部位並同步加碼 12 檔個股，反映機構在該季度的資金注入與籌碼積累。
從部位權重觀察，前 5 大標的（包含 CFG, CRBG, LNC）累計市值佔比達 14.3%，是驅動 Algebris 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 | CFG | Citizens Financial Group | 股票-金融 | 5.42% | -4.02% | EXIT | |
| 2 | CRBG | Corebridge Financial Inc | 股票-金融 | 5.05% | -2.91% | EXIT | |
| 3 | LNC | Lincoln National CORP | 股票-金融 | 4.99% | -0.54% | -27.58% | |
| 4 | VOYA | Voya Financial Inc | 股票-金融 | 4.75% | -1.64% | +10.66% | |
| 5 | MET | Metlife Inc | 股票-金融 | 4.43% | — | +15.88% | |
| 6 | PRU | Prudential Financial Inc | 股票-金融 | 4.11% | — | — | |
| 7 | EQH | Equitable Holdings Inc | 股票-金融 | 4.09% | +0.18% | +28.61% | |
| 8 | PB | Prosperity Bancshares Inc | 股票-金融 | 3.99% | -0.62% | +128.54% | |
| 9 | WBS | Webster Financial CORP | 股票-金融 | 3.58% | -1.35% | EXIT | |
| 10 | UNM | Unum Group | 股票-金融 | 3.43% | -2.65% | +95.70% | |
| 11 | BAC | Bank Of America CORP | 股票-金融 | 3.20% | -2.56% | -33.21% | |
| 12 | SF | Stifel Financial CORP | 股票-金融 | 3.16% | +1.38% | +136.79% | |
| 13 | BABA 0.5 06-01-31債券 | Alibaba Group Holding | 債券 | 2.91% | — | -12.50% | |
| 14 | ONB | Old National Bancorp | 股票-金融 | 2.90% | -0.45% | — | |
| 15 | C | Citigroup Inc | 股票-金融 | 2.68% | — | -61.86% | |
| 16 | FHN | First Horizon CORP | 股票-金融 | 2.46% | — | -55.14% | |
| 17 | DX | Dynex Capital Inc | 股票-其他 | 2.32% | +1.03% | NEW | |
| 18 | WSBC | Wesbanco Inc | 股票-其他 | 2.25% | -1.95% | EXIT | |
| 19 | GPN | Global Payments Inc | 股票-工業 | 2.00% | +2.97% | +51.42% | |
| 20 | TWO | Two Harbors Investment CORP | 股票-其他 | 1.99% | — | — | |
| 21 | SSB | Southstate Bank CORP | 股票-金融 | 1.95% | +0.17% | — | |
| 22 | KIM | Kimco Realty CORP | 股票-房地產 | 1.85% | — | — | |
| 23 | NLY | Annaly Capital Management In | 股票-房地產 | 1.74% | — | -27.41% | |
| 24 | CNOB | Connectone Bancorp Inc | 股票-其他 | 1.74% | -1.66% | EXIT | |
| 25 | AIG | American International Group | 股票-金融 | 1.70% | +2.66% | — | |
| 26 | MAA | Mid-america Apartment Comm | 股票-房地產 | 1.64% | — | — | |
| 27 | PCG 6 12-01-27 A債券 | Pg&e CORP | 債券 | 1.63% | -0.14% | — | |
| 28 | ✓ | Virtu Finl Inc | 股票-其他 | 1.57% | — | — | |
| 29 | ALKT | Alkami Technology Inc | 股票-其他 | 1.44% | +0.54% | — | |
| 30 | SPB 3.375 06-01-29債券 | Spectrum Brands Inc | 債券 | 1.26% | — | — | |
| 31 | COLD | Americold Realty Trust Inc | 股票-房地產 | 1.25% | — | — | |
| 32 | HFWA | Heritage Financial CORP | 股票-其他 | 1.22% | -0.06% | — | |
| 33 | RGA | Reinsurance Group Of America | 股票-金融 | 1.22% | — | — | |
| 34 | ON 0.5 03-01-29債券 | On Semiconductor CORP | 債券 | 1.16% | -0.78% | EXIT | |
| 35 | EBC | Eastern Bankshares Inc | 股票-其他 | 1.05% | -0.54% | EXIT | |
| 36 | AWK 3.625 06-15-26債券 | American Water Capital C | 債券 | 0.91% | — | -10.11% | |
| 37 | NCNO | Ncino Inc | 股票-其他 | 0.87% | +0.34% | -13.86% | |
| 38 | QTWO | Q2 Holdings Inc | 股票-科技 | 0.86% | +1.00% | — | |
| 39 | MYFW | First Western Financial Inc | 股票-其他 | 0.82% | -0.06% | — | |
| 40 | RNST | Renasant CORP | 股票-其他 | 0.64% | -0.39% | EXIT | |
| 41 | NPB | Northpointe Bancshares Inc | 股票-其他 | 0.50% | -0.01% | — | |
| 42 | AVBH | Avidbank Holdings Inc | 股票-其他 | 0.35% | — | — | |
| 43 | GNW | Genworth Financial Inc | 股票-金融 | 0.27% | — | — | |
| 44 | RSG | Republic Services Inc | 股票-工業 | 0.24% | -0.08% | +24.23% | |
| 45 | MSFT | Microsoft CORP | 股票-科技 | 0.21% | — | +32.02% | |
| 46 | BSX | Boston Scientific CORP | 股票-醫療保健 | 0.20% | -0.04% | EXIT | |
| 47 | V | Visa Inc-class A Shares | 股票-金融 | 0.20% | +0.54% | NEW | |
| 48 | WM | Waste Management Inc | 股票-工業 | 0.20% | -0.11% | +13.44% | |
| 49 | COR | Cencora Inc | 股票-醫療保健 | 0.19% | -0.08% | -16.58% | |
| 50 | MCK | Mckesson CORP | 股票-醫療保健 | 0.14% | -0.06% | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | CRBG | Corebridge Financial Inc | +2.3% | +31.43% | 加碼 |
| 2 | PB | Prosperity Bancshares Inc | +2.2% | +128.54% | 加碼 |
| 3 | SF | Stifel Financial CORP | +2.2% | +136.79% | 加碼 |
| 4 | GPN | Global Payments Inc | +1.2% | +51.42% | 加碼 |
| 5 | DX | Dynex Capital Inc | +1.1% | +69.19% | 加碼 |
| 6 | ALKT | Alkami Technology Inc | +0.9% | — | 加碼 |
| 7 | VOYA | Voya Financial Inc | +0.7% | +10.66% | 加碼 |
| 8 | EQH | Equitable Holdings Inc | +0.6% | +28.61% | 加碼 |
| 9 | PRU | Prudential Financial Inc | +0.5% | — | 加碼 |
| 10 | WBS | Webster Financial CORP | +0.4% | +35.94% | 加碼 |
| 11 | LNC | Lincoln National CORP | -0.8% | -27.58% | 加碼 |
| 12 | CFG | Citizens Financial Group | -1.5% | -19.43% | 減碼 |
| 13 | MET | Metlife Inc | -1.7% | +15.88% | 加碼 |
| 14 | FHN | First Horizon CORP | -1.9% | -55.14% | 減碼 |
| 15 | PCG 6 12-01-27 A債券 | Pg&e CORP | -3.4% | — | 減碼 |
| 16 | C | Citigroup Inc | -4% | -61.86% | 減碼 |
| 17 | BAC | Bank Of America CORP | -5.1% | -33.21% | 減碼 |
| 18 | UNM | Unum Group | — | NEW | 新建倉 |
| 19 | BABA 0.5 06-01-31債券 | Alibaba Group Holding | — | NEW | 新建倉 |
| 20 | ONB | Old National Bancorp | — | NEW | 新建倉 |
| 21 | ATSG 3.875 08-15-29債券 | Air Transport Services G | — | EXIT | 清倉 |
| 22 | TFC | Truist Financial CORP | — | EXIT | 清倉 |
| 23 | WSBC | Wesbanco Inc | — | NEW | 新建倉 |
| 24 | CG | Carlyle Group Inc/the | — | EXIT | 清倉 |
| 25 | KEY | Keycorp | — | EXIT | 清倉 |
| 26 | MTB | M & T Bank CORP | — | EXIT | 清倉 |
| 27 | TWO | Two Harbors Investment CORP | — | NEW | 新建倉 |
| 28 | SSB | Southstate Bank CORP | — | NEW | 新建倉 |
| 29 | KIM | Kimco Realty CORP | — | NEW | 新建倉 |
| 30 | CNOB | Connectone Bancorp Inc | — | NEW | 新建倉 |
| 31 | BBD | Banco Bradesco-adr | — | EXIT | 清倉 |
| 32 | AIG | American International Group | — | NEW | 新建倉 |
| 33 | MAA | Mid-america Apartment Comm | — | NEW | 新建倉 |
| 34 | ✓ | Virtu Finl Inc | — | NEW | 新建倉 |
| 35 | BHF | Brighthouse Financial Inc | — | EXIT | 清倉 |
| 36 | SPB 3.375 06-01-29債券 | Spectrum Brands Inc | — | NEW | 新建倉 |
| 37 | COLD | Americold Realty Trust Inc | — | NEW | 新建倉 |
| 38 | HFWA | Heritage Financial CORP | — | NEW | 新建倉 |
| 39 | RGA | Reinsurance Group Of America | — | NEW | 新建倉 |
| 40 | ON 0.5 03-01-29債券 | On Semiconductor CORP | — | NEW | 新建倉 |
| 41 | WFC | Wells Fargo & Co | — | EXIT | 清倉 |
| 42 | EBC | Eastern Bankshares Inc | — | NEW | 新建倉 |
| 43 | SYU1 | Synovus Financial CORP | — | EXIT | 清倉 |
| 44 | QTWO | Q2 Holdings Inc | — | NEW | 新建倉 |
| 45 | MYFW | First Western Financial Inc | — | NEW | 新建倉 |
| 46 | RNST | Renasant CORP | — | NEW | 新建倉 |
| 47 | NPB | Northpointe Bancshares Inc | — | NEW | 新建倉 |
| 48 | AVBH | Avidbank Holdings Inc | — | NEW | 新建倉 |
| 49 | EVR | Evercore Inc - A | — | EXIT | 清倉 |
| 50 | GNW | Genworth Financial Inc | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Algebris 在 Q3 2025 季度的美股持倉總市值約為 US$15.2億，共申報了 67 個公開持股部位。
在 Q3 2025 季度，Algebris 按市值排列的前三大核心持股分別為：CFG (5.4%)、CRBG (5.0%)、LNC (5.0%)。其中最大持股部位 CFG 佔據整體投資組合約 5.4% 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
UNM
市值: US$3026.9萬
本季最大獲利了結 / 清倉標的
ATSG 3.875 08-15-29
前期市值: US$2029.8萬
在 Q3 2025 季度中，Algebris 共進行了 50 項持倉異動，包含新建倉 23 個部位、加碼 12 個部位、減碼 5 個部位以及清倉 10 個部位。 其中最大新建倉標的為 UNM。 本季清倉部位包含 ATSG 3.875 08-15-29。
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。