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: 0002110313
申報總市值
US$2.6億
US$2.6億
45 檔
35.4%
Altrafin AG 在 Q1 2025 季度的美股部位總計估值為 US$2.6億，分散於 45 個持倉標的之中，反映其市場參與廣度與投資規模。
觀察 Q1 2025 的資金脈絡，Altrafin AG 在獲利結算 4 檔個股的同時，將資本重新部署至 1 檔新選標的，展現主動管理機構的輪動節奏。
在資產配置集中度方面，Altrafin AG 的前 5 大核心持股（包含 GOOGL, MSFT, AMZN 等）合計佔整體申報市值的 35.4%，反映機構在主要關鍵部位上的權重分佈。
| # | 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 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 8.52% | -0.14% | +2.87% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 8.33% | +0.26% | -8.52% | |
| 3 | AMZN | Amazon.com Inc | 股票-循環性消費 | 6.91% | -0.70% | -0.01% | |
| 4 | MA | Mastercard Inc - A | 股票-金融 | 5.76% | -0.87% | -6.30% | |
| 5 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 5.58% | +0.38% | -4.79% | |
| 6 | NVO | Novo-nordisk A/s-spons Adr | 股票-醫療保健 | 5.09% | +0.42% | +38.21% | |
| 7 | SPGI | S&p Global Inc | 股票-金融 | 4.37% | -1.18% | +10.61% | |
| 8 | JPM | Jpmorgan Chase & Co | 股票-金融 | 4.25% | +1.06% | -39.07% | |
| 9 | NVDA | Nvidia CORP | 股票-科技 | 3.78% | +0.19% | -16.86% | |
| 10 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 3.71% | +0.44% | +1.73% | |
| 11 | ICE | Intercontinental Exchange In | 股票-金融 | 3.60% | -0.21% | +2.02% | |
| 12 | ACWI | Ishares Msci Acwi ETF | ETF-其他 | 3.60% | +0.79% | +169.49% | |
| 13 | PYPL | Paypal Holdings Inc | 股票-金融 | 3.53% | — | +43.63% | |
| 14 | AAPL | Apple Inc | 股票-科技 | 3.44% | -0.16% | +1.35% | |
| 15 | CRWD | Crowdstrike Holdings Inc - A | 股票-科技 | 2.99% | +0.17% | -2.55% | |
| 16 | HON | Honeywell International Inc | 股票-工業 | 2.68% | — | +1.21% | |
| 17 | FISV | Fiserv Inc | 股票-其他 | 2.24% | -0.03% | +30.21% | |
| 18 | INTU | Intuit Inc | 股票-科技 | 2.20% | -0.53% | EXIT | |
| 19 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 2.14% | -0.65% | EXIT | |
| 20 | FTNT | Fortinet Inc | 股票-科技 | 2.06% | +0.12% | +1.03% | |
| 21 | MCO | Moody's CORP | 股票-金融 | 2.02% | -0.21% | -0.40% | |
| 22 | UBER | Uber Technologies Inc | 股票-工業 | 1.83% | -0.25% | +13.12% | |
| 23 | SHEL | Shell Plc-adr | 股票-能源 | 1.43% | -0.12% | -24.28% | |
| 24 | NFLX | Netflix Inc | 股票-通訊服務 | 1.36% | -1.32% | -1.98% | |
| 25 | CRM | Salesforce Inc | 股票-科技 | 1.29% | — | +28.58% | |
| 26 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.25% | -0.86% | -15.33% | |
| 27 | AMD | Advanced Micro Devices | 股票-科技 | 1.14% | +0.54% | +6.75% | |
| 28 | ADBE | Adobe Inc | 股票-科技 | 0.57% | — | — | |
| 29 | NEE | Nextera Energy Inc | 股票-公用事業 | 0.51% | +0.04% | — | |
| 30 | SE | Sea Ltd-adr | 股票-通訊服務 | 0.50% | +0.03% | +9.65% | |
| 31 | CVX | Chevron CORP | 股票-能源 | 0.38% | +0.32% | NEW | |
| 32 | NET | Cloudflare Inc - Class A | 股票-科技 | 0.32% | — | +11.92% | |
| 33 | TTD | Trade Desk Inc/the -class A | 股票-通訊服務 | 0.31% | — | +93.63% | |
| 34 | SLRC | Slr Investment CORP | 股票-其他 | 0.31% | -0.25% | EXIT | |
| 35 | QCOM | Qualcomm Inc | 股票-科技 | 0.29% | — | -7.10% | |
| 36 | BA | Boeing Co/the | 股票-工業 | 0.26% | -0.07% | EXIT | |
| 37 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.25% | -0.22% | EXIT | |
| 38 | PEP | Pepsico Inc | 股票-非循環性消費 | 0.22% | -0.15% | EXIT | |
| 39 | TMO | Thermo Fisher Scientific Inc | 股票-醫療保健 | 0.19% | -0.15% | EXIT | |
| 40 | ASML | ASML Holding N.V. | 股票-科技 | 0.18% | -0.27% | EXIT | |
| 41 | MELI | Mercadolibre Inc | 股票-循環性消費 | 0.17% | -0.22% | +32.14% | |
| 42 | FDX | Fedex CORP | 股票-工業 | 0.13% | -0.07% | EXIT | |
| 43 | SNOW | Snowflake Inc | 股票-科技 | 0.13% | +0.07% | +39.02% | |
| 44 | DIS | Walt Disney Co/the | 股票-通訊服務 | 0.11% | — | -29.87% | |
| 45 | PFE | Pfizer Inc | 股票-醫療保健 | 0.11% | — | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | ACWI | Ishares Msci Acwi ETF | +2.4% | +169.49% | 加碼 |
| 2 | NVO | Novo-nordisk A/s-spons Adr | +1% | +38.21% | 加碼 |
| 3 | SPGI | S&p Global Inc | +0.9% | +10.61% | 加碼 |
| 4 | ICE | Intercontinental Exchange In | +0.9% | +2.02% | 加碼 |
| 5 | FISV | Fiserv Inc | +0.8% | +30.21% | 加碼 |
| 6 | PYPL | Paypal Holdings Inc | +0.7% | +43.63% | 加碼 |
| 7 | UBER | Uber Technologies Inc | +0.6% | +13.12% | 加碼 |
| 8 | UNH | Unitedhealth Group Inc | +0.5% | -4.79% | 減碼 |
| 9 | MA | Mastercard Inc - A | +0.5% | -6.30% | 減碼 |
| 10 | CRWD | Crowdstrike Holdings Inc - A | +0.3% | -2.55% | 減碼 |
| 11 | FTNT | Fortinet Inc | +0.3% | +1.03% | 加碼 |
| 12 | BKNG | Booking Holdings Inc | +0.2% | +5.66% | 加碼 |
| 13 | MCO | Moody's CORP | +0.2% | -0.40% | 減碼 |
| 14 | CRM | Salesforce Inc | +0.2% | +28.58% | 加碼 |
| 15 | NFLX | Netflix Inc | +0.2% | -1.98% | 減碼 |
| 16 | SE | Sea Ltd-adr | +0.2% | +9.65% | 加碼 |
| 17 | HON | Honeywell International Inc | +0.2% | +1.21% | 加碼 |
| 18 | NET | Cloudflare Inc - Class A | +0.1% | +11.92% | 加碼 |
| 19 | MELI | Mercadolibre Inc | +0.1% | +32.14% | 加碼 |
| 20 | INTU | Intuit Inc | +0.1% | -6.13% | 減碼 |
| 21 | SLRC | Slr Investment CORP | +0.1% | — | 不變 |
| 22 | SNOW | Snowflake Inc | 0% | +39.02% | 加碼 |
| 23 | NEE | Nextera Energy Inc | 0% | — | 不變 |
| 24 | AAPL | Apple Inc | 0% | +1.35% | 加碼 |
| 25 | AMD | Advanced Micro Devices | 0% | +6.75% | 加碼 |
| 26 | BA | Boeing Co/the | 0% | — | 不變 |
| 27 | QCOM | Qualcomm Inc | 0% | -7.10% | 減碼 |
| 28 | PEP | Pepsico Inc | 0% | -6.87% | 減碼 |
| 29 | PFE | Pfizer Inc | 0% | — | 不變 |
| 30 | TTD | Trade Desk Inc/the -class A | — | +93.63% | 加碼 |
| 31 | SHEL | Shell Plc-adr | 0% | -24.28% | 減碼 |
| 32 | ADBE | Adobe Inc | 0% | — | 不變 |
| 33 | DIS | Walt Disney Co/the | -0.1% | -29.87% | 減碼 |
| 34 | META | Meta Platforms Inc-class A | -0.1% | -15.33% | 減碼 |
| 35 | TSM | Taiwan Semiconductor-sp Adr | -0.2% | +1.73% | 加碼 |
| 36 | AMZN | Amazon.com Inc | -0.2% | -0.01% | 減碼 |
| 37 | CVX | Chevron CORP | -0.3% | -59.76% | 減碼 |
| 38 | TMO | Thermo Fisher Scientific Inc | -0.4% | -68.35% | 減碼 |
| 39 | GOOGL | Alphabet Inc-cl A | -0.5% | +2.87% | 加碼 |
| 40 | MSFT | Microsoft CORP | -0.8% | -8.52% | 減碼 |
| 41 | FDX | Fedex CORP | -1% | -88.01% | 減碼 |
| 42 | NVDA | Nvidia CORP | -1.3% | -16.86% | 減碼 |
| 43 | COST | Costco Wholesale CORP | -1.3% | -86.27% | 減碼 |
| 44 | JPM | Jpmorgan Chase & Co | -1.8% | -39.07% | 減碼 |
| 45 | WFC | Wells Fargo & Co | — | EXIT | 清倉 |
| 46 | MS | Morgan Stanley | — | EXIT | 清倉 |
| 47 | PATH | Uipath Inc - Class A | — | EXIT | 清倉 |
| 48 | CVS | Cvs Health CORP | — | EXIT | 清倉 |
| 49 | ASML | ASML Holding N.V. | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Altrafin AG 在 Q1 2025 季度的美股持倉總市值約為 US$2.6億，共申報了 45 個公開持股部位。
在 Q1 2025 季度，Altrafin AG 按市值排列的前三大核心持股分別為：GOOGL (8.5%)、MSFT (8.3%)、AMZN (6.9%)。其中最大持股部位 GOOGL 佔據整體投資組合約 8.5% 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
ASML
市值: US$45.1萬
本季最大獲利了結 / 清倉標的
WFC
前期市值: US$383.5萬
在 Q1 2025 季度中，Altrafin AG 共進行了 44 項持倉異動，包含新建倉 1 個部位、加碼 20 個部位、減碼 19 個部位以及清倉 4 個部位。 其中最大新建倉標的為 ASML。 本季清倉部位包含 WFC。
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。