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: 0001581655
申報總市值
US$6.2億
US$6.2億
239 檔
30.8%
在 Q3 2025 的 13F 官方備案中，Alpine Global Management, LLC 管理的美股投資組合規模來到 US$6.2億，整體持股檔數為 239 檔。
Alpine Global Management, LLC 於 Q3 2025 展現出進攻型調倉步調，本季推動了 107 檔股票的新建倉與 12 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。
在資產配置集中度方面，Alpine Global Management, LLC 的前 5 大核心持股（包含 CLM, IMVT, RIVN 等）合計佔整體申報市值的 30.8%，反映機構在主要關鍵部位上的權重分佈。
僅顯示前 200 大持股（共 239 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 | CLM | Cornerstone Strategic Invest | 股票-其他 | 11.74% | +0.97% | +5.76% | |
| 2 | IMVT | Immunovant Inc | 股票-其他 | 9.00% | -1.20% | +4.87% | |
| 3 | RIVN | Rivian Automotive Inc-a | 股票-循環性消費 | 7.71% | +1.50% | — | |
| 4 | CRF | Cornerstone Total Return | 股票-其他 | 5.50% | +0.39% | +17.24% | |
| 5 | ACHR | Archer Aviation Inc-a | 股票-工業 | 4.44% | +0.13% | -50.94% | |
| 6 | DJT | Trump Media & Technology Gro | 股票-通訊服務 | 3.62% | -0.04% | -42.01% | |
| 7 | PRCH 9 05-15-30債券 | Porch Group Inc | 債券 | 2.70% | — | +33.33% | |
| 8 | LBRDA | Liberty Broadband-a | 股票-其他 | 2.55% | -0.39% | +972.99% | |
| 9 | SMCI 3.5 03-01-29債券 | Super Micro Computer Inc | 債券 | 2.40% | -1.91% | EXIT | |
| 10 | MSTR 8 PERP債券 | Strategy Inc | 債券 | 2.35% | — | — | |
| 11 | RIVN 4.625 03-15-29債券 | Rivian Auto Inc | 債券 | 2.15% | -1.99% | EXIT | |
| 12 | BABA 0.5 06-01-31債券 | Alibaba Group Holding | 債券 | 2.05% | — | +1000.00% | |
| 13 | UTF | Cohen & Steers Infrastructur | 股票-其他 | 1.89% | — | — | |
| 14 | RIVN 3.625 10-15-30債券 | Rivian Auto Inc | 債券 | 1.85% | -2.18% | EXIT | |
| 15 | SPOT 0 03-15-26債券 | Spotify USA Inc | 債券 | 1.52% | — | -31.25% | |
| 16 | ARISUSD | Aris Water Solutions Inc-a | 股票-其他 | 1.50% | — | — | |
| 17 | ✓ | Cyberark Software LTD. Cmn | 股票-其他 | 1.27% | — | — | |
| 18 | HYG | Ishr Ibx Usd Hiyld Cb Etf-ui | ETF-非投資等級債 | 1.23% | — | — | |
| 19 | REAL 4 02-15-31債券 | THE Realreal Inc | 債券 | 1.13% | — | -27.24% | |
| 20 | COIN 0.5 06-01-26債券 | Coinbase Global Inc | 債券 | 1.12% | — | +42.86% | |
| 21 | F 0 03-15-26債券 | Ford Motor Company | 債券 | 1.03% | — | -50.00% | |
| 22 | ITGR 2.125 02-15-28債券 | Integer Holdings CORP | 債券 | 1.01% | — | — | |
| 23 | ✓ | Spdr S&P 500 Etf Tr Put Option | ETF-大型股與成長 | 0.93% | -0.03% | EXIT | |
| 24 | STUB | Stubhub Holdings Inc-class A | 股票-其他 | 0.89% | -0.11% | EXIT | |
| 25 | 07WA | Mr Cooper Group Inc | 股票-其他 | 0.76% | — | +19.33% | |
| 26 | NSC | Norfolk Southern CORP | 股票-工業 | 0.76% | -0.04% | — | |
| 27 | IONS | Ionis Pharmaceuticals Inc | 股票-醫療保健 | 0.74% | — | +119.76% | |
| 28 | IWM | Ishares Russell 2000 ETF | ETF-中小型股 | 0.74% | — | -65.22% | |
| 29 | AL | Air Lease CORP | 股票-其他 | 0.71% | -0.59% | EXIT | |
| 30 | GOSS 5 06-01-27債券 | Gossamer Bio Inc | 債券 | 0.70% | — | — | |
| 31 | NBR | Nabors Industries Ltd. | 股票-其他 | 0.68% | — | — | |
| 32 | BBUC | Brookfield Business Corporation | 股票-其他 | 0.67% | — | — | |
| 33 | ✓ | Oxley Bridge Acq LTD | 股票-其他 | 0.66% | — | — | |
| 34 | VRNA | Verona Pharma PLC - Adr | 股票-其他 | 0.65% | — | — | |
| 35 | LION | Lionsgate Studios CORP | 股票-其他 | 0.64% | -0.08% | EXIT | |
| 36 | 1S4 | Harborone Bancorp Inc | 股票-其他 | 0.62% | — | — | |
| 37 | ✓ | Drugs Made In Amer Acq Ii Co | 股票-其他 | 0.60% | — | — | |
| 38 | HOOD | Robinhood Markets Inc - A | 股票-金融 | 0.58% | — | -60.75% | |
| 39 | ✓ | 股票-其他 | 0.58% | — | — | ||
| 40 | GTLS | Chart Industries Inc | 股票-工業 | 0.57% | — | — | |
| 41 | MAGN | Magnera CORP | 股票-其他 | 0.55% | +0.05% | +129.46% | |
| 42 | ✓ | Merus N V | 股票-其他 | 0.48% | — | — | |
| 43 | ✓ | 股票-其他 | 0.46% | — | -25.00% | ||
| 44 | ALIT | Alight Inc - Class A | 股票-其他 | 0.46% | +0.36% | NEW | |
| 45 | MDU | Mdu Resources Group Inc | 股票-公用事業 | 0.45% | — | — | |
| 46 | EMO | Clearbridge Energy Midstream | 股票-其他 | 0.43% | — | — | |
| 47 | ✓ | 股票-其他 | 0.41% | +0.02% | — | ||
| 48 | ✓ | 股票-其他 | 0.41% | — | — | ||
| 49 | STRZ | Starz Entertainment CORP | 股票-其他 | 0.39% | -0.15% | EXIT | |
| 50 | EMPD | Empery Digital Inc | 股票-其他 | 0.38% | -0.06% | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | COIN 0.5 06-01-26債券 | Coinbase Global Inc | +0.9% | +42.86% | 加碼 |
| 2 | IWM | Ishares Russell 2000 ETF | +0.5% | -65.22% | 加碼 |
| 3 | IONS | Ionis Pharmaceuticals Inc | +0.5% | +119.76% | 加碼 |
| 4 | CRF | Cornerstone Total Return | +0.4% | +17.24% | 加碼 |
| 5 | MAGN | Magnera CORP | +0.3% | +129.46% | 加碼 |
| 6 | ALIT | Alight Inc - Class A | +0.2% | +262.85% | 加碼 |
| 7 | REAL 1 03-01-28債券 | THE Realreal Inc | +0.1% | — | 加碼 |
| 8 | HOOD | Robinhood Markets Inc - A | 0% | -60.75% | 減碼 |
| 9 | NBR | Nabors Industries Ltd. | -0.1% | — | 加碼 |
| 10 | SOC | Sable Offshore CORP | -0.1% | — | 減碼 |
| 11 | LNG | Cheniere Energy Inc | -0.1% | — | 減碼 |
| 12 | SMCI 3.5 03-01-29債券 | Super Micro Computer Inc | -0.2% | +16.12% | 加碼 |
| 13 | UEC | Uranium Energy CORP | -0.3% | -75.00% | 減碼 |
| 14 | SU6 | Surmodics Inc | -0.3% | -29.20% | 減碼 |
| 15 | RIVN 4.625 03-15-29債券 | Rivian Auto Inc | -0.4% | +2.00% | 加碼 |
| 16 | REAL 4 02-15-31債券 | THE Realreal Inc | -0.5% | -27.24% | 減碼 |
| 17 | RIVN 3.625 10-15-30債券 | Rivian Auto Inc | -0.5% | -2.50% | 減碼 |
| 18 | ITGR 2.125 02-15-28債券 | Integer Holdings CORP | -0.5% | — | 不變 |
| 19 | FLUT | Flutter Entertainment plc | -0.5% | — | 減碼 |
| 20 | CLM | Cornerstone Strategic Invest | -0.6% | +5.76% | 加碼 |
| 21 | SPY | Ss Spdr S&p 500 ETF Trust-us | -1.2% | -50.19% | 減碼 |
| 22 | F 0 03-15-26債券 | Ford Motor Company | -1.6% | -50.00% | 減碼 |
| 23 | IMVT | Immunovant Inc | -2.9% | +4.87% | 加碼 |
| 24 | ACHR | Archer Aviation Inc-a | -3.7% | -50.94% | 減碼 |
| 25 | RIVN | Rivian Automotive Inc-a | — | NEW | 新建倉 |
| 26 | DJT | Trump Media & Technology Gro | — | NEW | 新建倉 |
| 27 | PRCH 9 05-15-30債券 | Porch Group Inc | — | NEW | 新建倉 |
| 28 | LBRDA | Liberty Broadband-a | — | NEW | 新建倉 |
| 29 | MSTR 8 PERP債券 | Strategy Inc | — | NEW | 新建倉 |
| 30 | DDOG 0.125 06-15-25債券 | Datadog Inc | — | EXIT | 清倉 |
| 31 | LYV 3.125 01-15-29債券 | Live Nation Entertainmen | — | EXIT | 清倉 |
| 32 | 0VVB | Paramount Global-class B | — | EXIT | 清倉 |
| 33 | BABA 0.5 06-01-31債券 | Alibaba Group Holding | — | NEW | 新建倉 |
| 34 | UTF | Cohen & Steers Infrastructur | — | NEW | 新建倉 |
| 35 | ZS 0.125 07-01-25債券 | Zscaler Inc. | — | EXIT | 清倉 |
| 36 | SPOT 0 03-15-26債券 | Spotify USA Inc | — | NEW | 新建倉 |
| 37 | ARISUSD | Aris Water Solutions Inc-a | — | NEW | 新建倉 |
| 38 | CRWV | Coreweave Inc-cl A | — | EXIT | 清倉 |
| 39 | ITCIEUR | Intra-cellular Therapies Inc | — | EXIT | 清倉 |
| 40 | JNP | Juniper Networks Inc | — | EXIT | 清倉 |
| 41 | ✓ | Cyberark Software LTD. Cmn | — | NEW | 新建倉 |
| 42 | RDFN 0.5 04-01-27債券 | Redfin CORP | — | EXIT | 清倉 |
| 43 | HYG | Ishr Ibx Usd Hiyld Cb Etf-ui | — | NEW | 新建倉 |
| 44 | EEM | Ishares Msci Emerging Market | — | EXIT | 清倉 |
| 45 | GRPN 6.25 03-15-27 *債券 | Groupon Inc | — | EXIT | 清倉 |
| 46 | BURL 2.25 04-15-25債券 | Burlington Stores Inc | — | EXIT | 清倉 |
| 47 | ✓ | Spdr S&P 500 Etf Tr Put Option | — | NEW | 新建倉 |
| 48 | XLC | Ss Comm Select Sector Spdr | — | EXIT | 清倉 |
| 49 | ✓ | Moneylion Inc | — | EXIT | 清倉 |
| 50 | STUB | Stubhub Holdings Inc-class A | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Alpine Global Management, LLC 在 Q3 2025 季度的美股持倉總市值約為 US$6.2億，共申報了 239 個公開持股部位。
在 Q3 2025 季度，Alpine Global Management, LLC 按市值排列的前三大核心持股分別為：CLM (11.7%)、IMVT (9.0%)、RIVN (7.7%)。其中最大持股部位 CLM 佔據整體投資組合約 11.7% 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
RIVN
市值: US$3803.3萬
本季最大獲利了結 / 清倉標的
DDOG 0.125 06-15-25
前期市值: US$1120.4萬
在 Q3 2025 季度中，Alpine Global Management, LLC 共進行了 199 項持倉異動，包含新建倉 107 個部位、加碼 12 個部位、減碼 11 個部位以及清倉 69 個部位。 其中最大新建倉標的為 RIVN。 本季清倉部位包含 DDOG 0.125 06-15-25。
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。