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
48 檔
50.0%
截至 Q3 2025 季度末，Altrafin AG 的美股持倉估值約為 US$2.6億，全數申報部位共有 48 檔。
Altrafin AG 在 Q3 2025 進行了結構性的板塊輪動與部位換股。在開立 1 個全新部位及加碼 20 檔持股的同時，亦同步清倉 3 檔並減碼 16 檔標的。
檢視投資組合結構，前 5 大主力部位（包含 GOOGL, MSFT, AMZN）占據了總市值的 50.0%，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 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 11.72% | -0.14% | +0.08% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 9.74% | +0.26% | +2.11% | |
| 3 | AMZN | Amazon.com Inc | 股票-循環性消費 | 7.88% | -0.70% | +20.18% | |
| 4 | MA | Mastercard Inc - A | 股票-金融 | 5.86% | -0.87% | +14.55% | |
| 5 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 5.37% | +0.44% | +1.45% | |
| 6 | NVDA | Nvidia CORP | 股票-科技 | 4.91% | +0.19% | -3.67% | |
| 7 | JPM | Jpmorgan Chase & Co | 股票-金融 | 4.61% | +1.06% | -7.67% | |
| 8 | NVO | Novo-nordisk A/s-spons Adr | 股票-醫療保健 | 4.37% | +0.42% | +8.63% | |
| 9 | CRWD | Crowdstrike Holdings Inc - A | 股票-科技 | 3.59% | +0.17% | +8.76% | |
| 10 | ACWI | Ishares Msci Acwi ETF | ETF-其他 | 3.49% | +0.79% | — | |
| 11 | SPGI | S&p Global Inc | 股票-金融 | 3.24% | -1.18% | -0.70% | |
| 12 | AAPL | Apple Inc | 股票-科技 | 3.19% | -0.16% | +2.28% | |
| 13 | ICE | Intercontinental Exchange In | 股票-金融 | 3.08% | -0.21% | +4.87% | |
| 14 | PYPL | Paypal Holdings Inc | 股票-金融 | 2.92% | — | -2.33% | |
| 15 | FTNT | Fortinet Inc | 股票-科技 | 2.61% | +0.12% | +75.92% | |
| 16 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 1.92% | -0.65% | EXIT | |
| 17 | INTU | Intuit Inc | 股票-科技 | 1.91% | -0.53% | EXIT | |
| 18 | UBER | Uber Technologies Inc | 股票-工業 | 1.91% | -0.25% | -0.71% | |
| 19 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 1.81% | +0.38% | +22.64% | |
| 20 | NFLX | Netflix Inc | 股票-通訊服務 | 1.68% | -1.32% | -8.79% | |
| 21 | MCO | Moody's CORP | 股票-金融 | 1.63% | -0.21% | -0.41% | |
| 22 | FISV | Fiserv Inc | 股票-其他 | 1.56% | -0.03% | +4.36% | |
| 23 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.33% | -0.86% | -0.51% | |
| 24 | EFX | Equifax Inc | 股票-工業 | 1.23% | -0.73% | EXIT | |
| 25 | AMD | Advanced Micro Devices | 股票-科技 | 1.10% | +0.54% | +6.34% | |
| 26 | CRM | Salesforce Inc | 股票-科技 | 1.01% | — | +8.40% | |
| 27 | SE | Sea Ltd-adr | 股票-通訊服務 | 0.65% | +0.03% | — | |
| 28 | SHEL | Shell Plc-adr | 股票-能源 | 0.63% | -0.12% | -26.32% | |
| 29 | MRVL | Marvell Technology Inc | 股票-科技 | 0.60% | — | — | |
| 30 | NET | Cloudflare Inc - Class A | 股票-科技 | 0.52% | — | — | |
| 31 | FICO | Fair Isaac CORP | 股票-科技 | 0.50% | -0.46% | EXIT | |
| 32 | ADBE | Adobe Inc | 股票-科技 | 0.44% | — | — | |
| 33 | NEE | Nextera Energy Inc | 股票-公用事業 | 0.44% | +0.04% | — | |
| 34 | ASML | ASML Holding N.V. | 股票-科技 | 0.34% | -0.27% | EXIT | |
| 35 | TTD | Trade Desk Inc/the -class A | 股票-通訊服務 | 0.33% | — | +66.28% | |
| 36 | QCOM | Qualcomm Inc | 股票-科技 | 0.26% | — | +0.34% | |
| 37 | SLRC | Slr Investment CORP | 股票-其他 | 0.24% | -0.25% | EXIT | |
| 38 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.20% | -0.22% | EXIT | |
| 39 | CRWV | Coreweave Inc-cl A | 股票-科技 | 0.15% | — | — | |
| 40 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 0.14% | -0.12% | EXIT | |
| 41 | DNUT | Krispy Kreme Inc | 股票-其他 | 0.14% | — | -51.46% | |
| 42 | TMO | Thermo Fisher Scientific Inc | 股票-醫療保健 | 0.14% | -0.15% | EXIT | |
| 43 | BA | Boeing Co/the | 股票-工業 | 0.13% | -0.07% | EXIT | |
| 44 | PEP | Pepsico Inc | 股票-非循環性消費 | 0.13% | -0.15% | EXIT | |
| 45 | MELI | Mercadolibre Inc | 股票-循環性消費 | 0.12% | -0.22% | — | |
| 46 | SNOW | Snowflake Inc | 股票-科技 | 0.12% | +0.07% | — | |
| 47 | FDX | Fedex CORP | 股票-工業 | 0.10% | -0.07% | EXIT | |
| 48 | AKAM 1.125 02-15-29債券 | Akamai Technologies Inc | 債券 | — | +0.23% | -0.30% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | GOOGL | Alphabet Inc-cl A | +2.7% | +0.08% | 加碼 |
| 2 | EFX | Equifax Inc | +1.2% | +1843.96% | 加碼 |
| 3 | AMZN | Amazon.com Inc | +0.9% | +20.18% | 加碼 |
| 4 | TSM | Taiwan Semiconductor-sp Adr | +0.8% | +1.45% | 加碼 |
| 5 | FTNT | Fortinet Inc | +0.6% | +75.92% | 加碼 |
| 6 | AAPL | Apple Inc | +0.5% | +2.28% | 加碼 |
| 7 | MA | Mastercard Inc - A | +0.5% | +14.55% | 加碼 |
| 8 | UNH | Unitedhealth Group Inc | +0.4% | +22.64% | 加碼 |
| 9 | NVDA | Nvidia CORP | +0.3% | -3.67% | 減碼 |
| 10 | ASML | ASML Holding N.V. | +0.2% | +60.41% | 加碼 |
| 11 | AMD | Advanced Micro Devices | +0.1% | +6.34% | 加碼 |
| 12 | ACWI | Ishares Msci Acwi ETF | 0% | — | 不變 |
| 13 | SE | Sea Ltd-adr | 0% | — | 不變 |
| 14 | TTD | Trade Desk Inc/the -class A | 0% | +66.28% | 加碼 |
| 15 | PLTR | Palantir Technologies Inc-a | 0% | -0.04% | 減碼 |
| 16 | TMO | Thermo Fisher Scientific Inc | 0% | — | 不變 |
| 17 | MRVL | Marvell Technology Inc | 0% | — | 不變 |
| 18 | NET | Cloudflare Inc - Class A | 0% | — | 不變 |
| 19 | NEE | Nextera Energy Inc | 0% | — | 不變 |
| 20 | MSFT | Microsoft CORP | 0% | +2.11% | 加碼 |
| 21 | QCOM | Qualcomm Inc | 0% | +0.34% | 加碼 |
| 22 | FDX | Fedex CORP | 0% | — | 不變 |
| 23 | AKAM 1.125 02-15-29債券 | Akamai Technologies Inc | 0% | -0.30% | 減碼 |
| 24 | PEP | Pepsico Inc | 0% | -6.85% | 減碼 |
| 25 | SLRC | Slr Investment CORP | 0% | +2.52% | 加碼 |
| 26 | MELI | Mercadolibre Inc | 0% | — | 不變 |
| 27 | COST | Costco Wholesale CORP | 0% | — | 不變 |
| 28 | UBER | Uber Technologies Inc | 0% | -0.71% | 減碼 |
| 29 | CRWD | Crowdstrike Holdings Inc - A | -0.1% | +8.76% | 加碼 |
| 30 | ADBE | Adobe Inc | -0.1% | — | 不變 |
| 31 | DNUT | Krispy Kreme Inc | -0.1% | -51.46% | 減碼 |
| 32 | FICO | Fair Isaac CORP | -0.1% | +10.50% | 加碼 |
| 33 | META | Meta Platforms Inc-class A | -0.1% | -0.51% | 減碼 |
| 34 | CRM | Salesforce Inc | -0.1% | +8.40% | 加碼 |
| 35 | BA | Boeing Co/the | -0.2% | -54.92% | 減碼 |
| 36 | MCO | Moody's CORP | -0.2% | -0.41% | 減碼 |
| 37 | SHEL | Shell Plc-adr | -0.3% | -26.32% | 減碼 |
| 38 | JPM | Jpmorgan Chase & Co | -0.3% | -7.67% | 減碼 |
| 39 | ICE | Intercontinental Exchange In | -0.3% | +4.87% | 加碼 |
| 40 | BKNG | Booking Holdings Inc | -0.4% | -5.07% | 減碼 |
| 41 | NFLX | Netflix Inc | -0.5% | -8.79% | 減碼 |
| 42 | INTU | Intuit Inc | -0.5% | -3.22% | 減碼 |
| 43 | SPGI | S&p Global Inc | -0.5% | -0.70% | 減碼 |
| 44 | FISV | Fiserv Inc | -0.6% | +4.36% | 加碼 |
| 45 | PYPL | Paypal Holdings Inc | -0.6% | -2.33% | 減碼 |
| 46 | NVO | Novo-nordisk A/s-spons Adr | -1% | +8.63% | 加碼 |
| 47 | HON | Honeywell International Inc | — | EXIT | 清倉 |
| 48 | CRWV | Coreweave Inc-cl A | — | NEW | 新建倉 |
| 49 | COIN | Coinbase Global Inc -class A | — | EXIT | 清倉 |
| 50 | PFE | Pfizer Inc | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Altrafin AG 在 Q3 2025 季度的美股持倉總市值約為 US$2.6億，共申報了 48 個公開持股部位。
在 Q3 2025 季度，Altrafin AG 按市值排列的前三大核心持股分別為：GOOGL (11.7%)、MSFT (9.7%)、AMZN (7.9%)。其中最大持股部位 GOOGL 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
CRWV
市值: US$45.9萬
本季最大獲利了結 / 清倉標的
HON
前期市值: US$649.6萬
在 Q3 2025 季度中，Altrafin AG 共進行了 40 項持倉異動，包含新建倉 1 個部位、加碼 20 個部位、減碼 16 個部位以及清倉 3 個部位。 其中最大新建倉標的為 CRWV。 本季清倉部位包含 HON。
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。