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
50 檔
42.3%
在 Q2 2025 的 13F 官方備案中，Altrafin AG 管理的美股投資組合規模來到 US$2.6億，整體持股檔數為 50 檔。
Q2 2025 數據顯示 Altrafin AG 積極進場，新開立 7 個部位並同步加碼 20 檔個股，反映機構在該季度的資金注入與籌碼積累。
在資產配置集中度方面，Altrafin AG 的前 5 大核心持股（包含 MSFT, GOOGL, AMZN 等）合計佔整體申報市值的 42.3%，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 | MSFT | Microsoft CORP | 股票-科技 | 9.76% | +0.26% | +1.60% | |
| 2 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 9.04% | -0.14% | +7.00% | |
| 3 | AMZN | Amazon.com Inc | 股票-循環性消費 | 6.97% | -0.70% | +0.53% | |
| 4 | MA | Mastercard Inc - A | 股票-金融 | 5.38% | -0.87% | +4.76% | |
| 5 | NVO | Novo-nordisk A/s-spons Adr | 股票-醫療保健 | 5.33% | +0.42% | +21.11% | |
| 6 | JPM | Jpmorgan Chase & Co | 股票-金融 | 4.89% | +1.06% | +11.76% | |
| 7 | NVDA | Nvidia CORP | 股票-科技 | 4.60% | +0.19% | -4.22% | |
| 8 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 4.57% | +0.44% | +3.84% | |
| 9 | SPGI | S&p Global Inc | 股票-金融 | 3.77% | -1.18% | -4.52% | |
| 10 | CRWD | Crowdstrike Holdings Inc - A | 股票-科技 | 3.65% | +0.17% | -2.90% | |
| 11 | PYPL | Paypal Holdings Inc | 股票-金融 | 3.53% | — | +0.91% | |
| 12 | ACWI | Ishares Msci Acwi ETF | ETF-其他 | 3.46% | +0.79% | — | |
| 13 | ICE | Intercontinental Exchange In | 股票-金融 | 3.40% | -0.21% | +2.17% | |
| 14 | AAPL | Apple Inc | 股票-科技 | 2.67% | -0.16% | -3.26% | |
| 15 | INTU | Intuit Inc | 股票-科技 | 2.43% | -0.53% | EXIT | |
| 16 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 2.32% | -0.65% | EXIT | |
| 17 | HON | Honeywell International Inc | 股票-工業 | 2.20% | — | -14.24% | |
| 18 | NFLX | Netflix Inc | 股票-通訊服務 | 2.19% | -1.32% | +28.82% | |
| 19 | FISV | Fiserv Inc | 股票-其他 | 2.13% | -0.03% | +40.60% | |
| 20 | FTNT | Fortinet Inc | 股票-科技 | 1.99% | +0.12% | +0.93% | |
| 21 | UBER | Uber Technologies Inc | 股票-工業 | 1.95% | -0.25% | -4.19% | |
| 22 | MCO | Moody's CORP | 股票-金融 | 1.84% | -0.21% | -2.68% | |
| 23 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.43% | -0.86% | +2.42% | |
| 24 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 1.42% | +0.38% | -50.90% | |
| 25 | CRM | Salesforce Inc | 股票-科技 | 1.14% | — | +0.16% | |
| 26 | AMD | Advanced Micro Devices | 股票-科技 | 0.97% | +0.54% | -29.14% | |
| 27 | SHEL | Shell Plc-adr | 股票-能源 | 0.89% | -0.12% | -25.35% | |
| 28 | SE | Sea Ltd-adr | 股票-通訊服務 | 0.62% | +0.03% | +16.79% | |
| 29 | MRVL | Marvell Technology Inc | 股票-科技 | 0.59% | — | — | |
| 30 | FICO | Fair Isaac CORP | 股票-科技 | 0.59% | -0.46% | EXIT | |
| 31 | ADBE | Adobe Inc | 股票-科技 | 0.51% | — | +2.08% | |
| 32 | NET | Cloudflare Inc - Class A | 股票-科技 | 0.51% | — | +5.84% | |
| 33 | NEE | Nextera Energy Inc | 股票-公用事業 | 0.43% | +0.04% | — | |
| 34 | TTD | Trade Desk Inc/the -class A | 股票-通訊服務 | 0.31% | — | -11.32% | |
| 35 | BA | Boeing Co/the | 股票-工業 | 0.31% | -0.07% | EXIT | |
| 36 | QCOM | Qualcomm Inc | 股票-科技 | 0.27% | — | +0.35% | |
| 37 | SLRC | Slr Investment CORP | 股票-其他 | 0.26% | -0.25% | EXIT | |
| 38 | DNUT | Krispy Kreme Inc | 股票-其他 | 0.23% | — | — | |
| 39 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.23% | -0.22% | 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 | 0.15% | -0.22% | -24.32% | |
| 42 | PEP | Pepsico Inc | 股票-非循環性消費 | 0.14% | -0.15% | EXIT | |
| 43 | COIN | Coinbase Global Inc -class A | 股票-金融 | 0.13% | — | — | |
| 44 | SNOW | Snowflake Inc | 股票-科技 | 0.12% | +0.07% | -28.07% | |
| 45 | TMO | Thermo Fisher Scientific Inc | 股票-醫療保健 | 0.12% | -0.15% | EXIT | |
| 46 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 0.12% | -0.12% | EXIT | |
| 47 | FDX | Fedex CORP | 股票-工業 | 0.11% | -0.07% | EXIT | |
| 48 | PFE | Pfizer Inc | 股票-醫療保健 | 0.08% | — | -9.32% | |
| 49 | EFX | Equifax Inc | 股票-工業 | 0.07% | -0.73% | EXIT | |
| 50 | AKAM 1.125 02-15-29債券 | Akamai Technologies Inc | 債券 | — | +0.23% | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | MSFT | Microsoft CORP | +1.4% | +1.60% | 加碼 |
| 2 | TSM | Taiwan Semiconductor-sp Adr | +0.9% | +3.84% | 加碼 |
| 3 | NFLX | Netflix Inc | +0.8% | +28.82% | 加碼 |
| 4 | NVDA | Nvidia CORP | +0.8% | -4.22% | 減碼 |
| 5 | CRWD | Crowdstrike Holdings Inc - A | +0.7% | -2.90% | 減碼 |
| 6 | JPM | Jpmorgan Chase & Co | +0.6% | +11.76% | 加碼 |
| 7 | GOOGL | Alphabet Inc-cl A | +0.5% | +7.00% | 加碼 |
| 8 | NVO | Novo-nordisk A/s-spons Adr | +0.2% | +21.11% | 加碼 |
| 9 | INTU | Intuit Inc | +0.2% | -0.94% | 減碼 |
| 10 | NET | Cloudflare Inc - Class A | +0.2% | +5.84% | 加碼 |
| 11 | BKNG | Booking Holdings Inc | +0.2% | -1.00% | 減碼 |
| 12 | META | Meta Platforms Inc-class A | +0.2% | +2.42% | 加碼 |
| 13 | UBER | Uber Technologies Inc | +0.1% | -4.19% | 減碼 |
| 14 | SE | Sea Ltd-adr | +0.1% | +16.79% | 加碼 |
| 15 | AMZN | Amazon.com Inc | +0.1% | +0.53% | 加碼 |
| 16 | BA | Boeing Co/the | +0.1% | +10.08% | 加碼 |
| 17 | TTD | Trade Desk Inc/the -class A | — | -11.32% | 減碼 |
| 18 | ASML | ASML Holding N.V. | — | +0.29% | 加碼 |
| 19 | PYPL | Paypal Holdings Inc | 0% | +0.91% | 加碼 |
| 20 | SNOW | Snowflake Inc | 0% | -28.07% | 減碼 |
| 21 | QCOM | Qualcomm Inc | 0% | +0.35% | 加碼 |
| 22 | COST | Costco Wholesale CORP | 0% | — | 不變 |
| 23 | FDX | Fedex CORP | 0% | — | 不變 |
| 24 | PFE | Pfizer Inc | 0% | -9.32% | 減碼 |
| 25 | ADBE | Adobe Inc | -0.1% | +2.08% | 加碼 |
| 26 | FTNT | Fortinet Inc | -0.1% | +0.93% | 加碼 |
| 27 | TMO | Thermo Fisher Scientific Inc | -0.1% | -10.00% | 減碼 |
| 28 | NEE | Nextera Energy Inc | -0.1% | — | 不變 |
| 29 | PEP | Pepsico Inc | -0.1% | -18.70% | 減碼 |
| 30 | FISV | Fiserv Inc | -0.1% | +40.60% | 加碼 |
| 31 | ACWI | Ishares Msci Acwi ETF | -0.2% | — | 不變 |
| 32 | CRM | Salesforce Inc | -0.2% | +0.16% | 加碼 |
| 33 | AMD | Advanced Micro Devices | -0.2% | -29.14% | 減碼 |
| 34 | MCO | Moody's CORP | -0.2% | -2.68% | 減碼 |
| 35 | ICE | Intercontinental Exchange In | -0.2% | +2.17% | 加碼 |
| 36 | MA | Mastercard Inc - A | -0.4% | +4.76% | 加碼 |
| 37 | HON | Honeywell International Inc | -0.5% | -14.24% | 減碼 |
| 38 | SHEL | Shell Plc-adr | -0.5% | -25.35% | 減碼 |
| 39 | SPGI | S&p Global Inc | -0.6% | -4.52% | 減碼 |
| 40 | AAPL | Apple Inc | -0.8% | -3.26% | 減碼 |
| 41 | UNH | Unitedhealth Group Inc | -4.2% | -50.90% | 減碼 |
| 42 | MRVL | Marvell Technology Inc | — | NEW | 新建倉 |
| 43 | FICO | Fair Isaac CORP | — | NEW | 新建倉 |
| 44 | CVX | Chevron CORP | — | EXIT | 清倉 |
| 45 | DNUT | Krispy Kreme Inc | — | NEW | 新建倉 |
| 46 | AKAM 1.125 02-15-29債券 | Akamai Technologies Inc | — | NEW | 新建倉 |
| 47 | COIN | Coinbase Global Inc -class A | — | NEW | 新建倉 |
| 48 | PLTR | Palantir Technologies Inc-a | — | NEW | 新建倉 |
| 49 | DIS | Walt Disney Co/the | — | EXIT | 清倉 |
| 50 | EFX | Equifax Inc | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Altrafin AG 在 Q2 2025 季度的美股持倉總市值約為 US$2.6億，共申報了 50 個公開持股部位。
在 Q2 2025 季度，Altrafin AG 按市值排列的前三大核心持股分別為：MSFT (9.8%)、GOOGL (9.0%)、AMZN (7.0%)。其中最大持股部位 MSFT 佔據整體投資組合約 9.8% 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
MRVL
市值: US$174.2萬
本季最大獲利了結 / 清倉標的
CVX
前期市值: US$96.5萬
在 Q2 2025 季度中，Altrafin AG 共進行了 46 項持倉異動，包含新建倉 7 個部位、加碼 20 個部位、減碼 17 個部位以及清倉 2 個部位。 其中最大新建倉標的為 MRVL。 本季清倉部位包含 CVX。
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。