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: 0000860662
申報總市值
US$10.6億
US$10.6億
61 檔
21.6%
Q2 2025 季度申報顯示，Angelo Gordon & Co., L.p. 揭露的美股組合總市值為 US$10.6億，涵蓋 61 個不同之權益投資部位。
在 Q2 2025，Angelo Gordon & Co., L.p. 操作展現出積極擴展與加碼意向。本季共新建倉 16 個新部位，並對 9 個既有持股進行加碼（合計增持 25 檔），相較減碼與清倉部位顯著佔優。
整體而言，Angelo Gordon & Co., L.p. 的前 5 大持股（包含 STWD 6.75 07-15-27, EVRG 4.5 12-15-27, UGI 5 06-01-28）貢獻了組合市值的 21.6%，形成該機構在 Q2 2025 季度的基本面基石。
本季最大新建倉標的
UGI 5 06-01-28
市值: US$4547.3萬
本季最大獲利了結 / 清倉標的
CNK 4.5 08-15-25
前期市值: US$5143.3萬
| # | 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 | STWD 6.75 07-15-27債券 | Starwood Property Trust | 債券 | 6.29% | — | — | |
| 2 | EVRG 4.5 12-15-27債券 | Evergy Inc | 債券 | 6.23% | -0.98% | +14.29% | |
| 3 | UGI 5 06-01-28債券 | Ugi CORP | 債券 | 6.05% | +0.19% | — | |
| 4 | WEC 4.375 06-01-29債券 | Wec Energy Group Inc | 債券 | 5.98% | -1.36% | — | |
| 5 | PCG 4.25 12-01-27債券 | Pg&e CORP | 債券 | 5.94% | -1.28% | +210.34% | |
| 6 | HPE 7.625 09-01-27債券 | Hp Enterprise Co | 債券 | 5.11% | -1.20% | — | |
| 7 | SO 4.5 06-15-27債券 | Southern Co | 債券 | 4.83% | -4.49% | EXIT | |
| 8 | MIDD 1 09-01-25債券 | Middleby CORP | 債券 | 4.78% | — | — | |
| 9 | ✓ | Realogy Hldgs CORP Com | 股票-其他 | 4.67% | +0.40% | — | |
| 10 | BAC 0.6 05-25-27 MTN債券 | Bofa Finance LLC | 債券 | 4.50% | -0.33% | +43.51% | |
| 11 | VAC 3.25 12-15-27債券 | Marriott Vacation Worldw | 債券 | 3.84% | — | +19.23% | |
| 12 | PCG 6 12-01-27 A債券 | Pg&e CORP | 債券 | 3.27% | +0.05% | — | |
| 13 | KKR 6.25 03-01-28 D債券 | Kkr & Co Inc | 債券 | 2.92% | -3.45% | EXIT | |
| 14 | HOUS 0.25 06-15-26債券 | Anywhere Re Grp/realogy | 債券 | 2.82% | -2.55% | — | |
| 15 | PNW 4.75 06-15-27債券 | Pinnacle West Capital | 債券 | 2.67% | -0.06% | — | |
| 16 | AAL 6.5 07-01-25債券 | American Airlines Group | 債券 | 2.59% | — | -39.06% | |
| 17 | NEE 6.926 09-01-25債券 | Nextera Energy Inc | 債券 | 2.38% | — | +28.57% | |
| 18 | DUK 4.125 04-15-26債券 | Duke Energy CORP | 債券 | 2.25% | +1.40% | +23.08% | |
| 19 | AWK 3.625 06-15-26債券 | American Water Capital C | 債券 | 2.00% | -2.88% | EXIT | |
| 20 | AKAM 1.125 02-15-29債券 | Akamai Technologies Inc | 債券 | 1.95% | — | -13.89% | |
| 21 | KEL | Kellanova | 股票-其他 | 1.80% | -1.12% | EXIT | |
| 22 | ETSY 0.25 06-15-28債券 | Etsy Inc | 債券 | 1.65% | -1.16% | +20.38% | |
| 23 | ARES 6.75 10-01-27 B債券 | Ares Management CORP | 債券 | 1.59% | +1.84% | — | |
| 24 | APO 6.75 07-31-26債券 | Apollo Global Management | 債券 | 1.50% | +0.49% | — | |
| 25 | HA7 | Enviri CORP | 股票-其他 | 1.42% | +4.12% | — | |
| 26 | SKAA | Skechers USA Inc-cl A | 股票-其他 | 1.34% | — | — | |
| 27 | HES | Hess CORP | 股票-其他 | 1.29% | — | — | |
| 28 | FYBR | Frontier Communications Pare | 股票-其他 | 1.11% | +0.61% | -16.36% | |
| 29 | PPL 2.875 03-15-28債券 | Ppl Capital Funding Inc | 債券 | 1.08% | +1.59% | — | |
| 30 | S9Q | Spirit Aerosystems Hold-cl A | 股票-其他 | 0.89% | -0.94% | EXIT | |
| 31 | HAE 0 03-01-26債券 | Haemonetics CORP | 債券 | 0.77% | — | — | |
| 32 | G2C | Everi Holdings Inc | 股票-其他 | 0.61% | — | -50.78% | |
| 33 | AKX | Ansys Inc | 股票-其他 | 0.58% | — | — | |
| 34 | SRJ | Spartannash Co | 股票-其他 | 0.53% | — | — | |
| 35 | TG7 | Triumph Group Inc | 股票-其他 | 0.42% | — | -53.45% | |
| 36 | IPG | Interpublic Group Of Cos Inc | 股票-其他 | 0.41% | -0.33% | EXIT | |
| 37 | DXCM 0.375 05-15-28債券 | Dexcom Inc | 債券 | 0.37% | +0.06% | — | |
| 38 | NGL | Ngl Energy Partners LP | 股票-其他 | 0.36% | +2.59% | — | |
| 39 | MITT | Tpg Mortgage Investment Trus | 股票-其他 | 0.29% | -0.19% | — | |
| 40 | AGS | Playags Inc | 股票-其他 | 0.26% | — | -24.36% | |
| 41 | SU6 | Surmodics Inc | 股票-其他 | 0.16% | — | — | |
| 42 | FOUR 6 05-01-28債券 | Shift4 Payments Inc | 債券 | 0.15% | — | — | |
| 43 | NBR | Nabors Industries Ltd. | 股票-其他 | 0.15% | — | — | |
| 44 | ✓ | Haymaker Acquisition CORP Iv | 股票-其他 | 0.07% | — | — | |
| 45 | PAYO | Payoneer Global Inc | 股票-其他 | 0.06% | — | — | |
| 46 | AMODW | Insight Acquisition Co -cw23 | 股票-其他 | 0.01% | — | — | |
| 47 | ✓ | 股票-其他 | 0.01% | — | — | ||
| 48 | MDAIW | Spectral Ai -cw27 | 股票-其他 | 0.01% | — | — | |
| 49 | ✓ | Coincheck Group NV | 股票-其他 | — | — | — | |
| 50 | ✓ | Nabors Energy Transition Cor | 股票-其他 | — | — | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | UGI 5 06-01-28債券 | Ugi CORP | +6.1% | NEW | 新建倉 |
| 2 | WEC 4.375 06-01-29債券 | Wec Energy Group Inc | +6% | NEW | 新建倉 |
| 3 | SO 4.5 06-15-27債券 | Southern Co | +4.8% | NEW | 新建倉 |
| 4 | MIDD 1 09-01-25債券 | Middleby CORP | +4.8% | NEW | 新建倉 |
| 5 | PCG 4.25 12-01-27債券 | Pg&e CORP | +3.3% | +210.34% | 加碼 |
| 6 | PNW 4.75 06-15-27債券 | Pinnacle West Capital | +2.7% | NEW | 新建倉 |
| 7 | APO 6.75 07-31-26債券 | Apollo Global Management | +1.5% | NEW | 新建倉 |
| 8 | HA7 | Enviri CORP | +1.4% | NEW | 新建倉 |
| 9 | SKAA | Skechers USA Inc-cl A | +1.3% | NEW | 新建倉 |
| 10 | S9Q | Spirit Aerosystems Hold-cl A | +0.9% | NEW | 新建倉 |
| 11 | AKX | Ansys Inc | +0.6% | NEW | 新建倉 |
| 12 | SRJ | Spartannash Co | +0.5% | NEW | 新建倉 |
| 13 | IPG | Interpublic Group Of Cos Inc | +0.4% | NEW | 新建倉 |
| 14 | DXCM 0.375 05-15-28債券 | Dexcom Inc | +0.4% | NEW | 新建倉 |
| 15 | NGL | Ngl Energy Partners LP | +0.4% | NEW | 新建倉 |
| 16 | BAC 0.6 05-25-27 MTN債券 | Bofa Finance LLC | +0.3% | +43.51% | 加碼 |
| 17 | KKR 6.25 03-01-28 D債券 | Kkr & Co Inc | +0.3% | +32.26% | 加碼 |
| 18 | FOUR 6 05-01-28債券 | Shift4 Payments Inc | +0.2% | NEW | 新建倉 |
| 19 | ✓ | Haymaker Acquisition CORP Iv | +0.1% | NEW | 新建倉 |
| 20 | NEE 6.926 09-01-25債券 | Nextera Energy Inc | -0.1% | +28.57% | 加碼 |
| 21 | ETSY 0.25 06-15-28債券 | Etsy Inc | -0.1% | +20.38% | 加碼 |
| 22 | AGS | Playags Inc | -0.2% | -24.36% | 減碼 |
| 23 | DUK 4.125 04-15-26債券 | Duke Energy CORP | -0.2% | +23.08% | 加碼 |
| 24 | ARES | Ares Management Corporation | -0.2% | EXIT | 清倉 |
| 25 | ARES 6.75 10-01-27 B債券 | Ares Management CORP | -0.2% | — | 不變 |
| 26 | HPE 7.625 09-01-27債券 | Hp Enterprise Co | -0.3% | — | 不變 |
| 27 | VAC 3.25 12-15-27債券 | Marriott Vacation Worldw | -0.3% | +19.23% | 加碼 |
| 28 | MCHP 7.5 03-15-28債券 | Microchip Technology Inc | -0.4% | EXIT | 清倉 |
| 29 | SIRI 3.75 03-15-28債券 | Sirius Xm Holdings | -0.4% | EXIT | 清倉 |
| 30 | PPL 2.875 03-15-28債券 | Ppl Capital Funding Inc | -0.4% | — | 不變 |
| 31 | KEL | Kellanova | -0.4% | +11.28% | 加碼 |
| 32 | AMED | Amedisys Inc | -0.4% | EXIT | 清倉 |
| 33 | FYBR | Frontier Communications Pare | -0.6% | -16.36% | 減碼 |
| 34 | HES | Hess CORP | -0.7% | — | 不變 |
| 35 | HOUS 0.25 06-15-26債券 | Anywhere Re Grp/realogy | -0.7% | — | 不變 |
| 36 | FIVN 1 03-15-29債券 | Five9 Inc | -0.7% | EXIT | 清倉 |
| 37 | TG7 | Triumph Group Inc | -0.8% | -53.45% | 減碼 |
| 38 | HEESEUR | H&e Equipment Services Inc | -0.8% | EXIT | 清倉 |
| 39 | EVRG 4.5 12-15-27債券 | Evergy Inc | -0.9% | +14.29% | 加碼 |
| 40 | LIVN 2.5 03-15-29債券 | Livanova PLC | -0.9% | EXIT | 清倉 |
| 41 | G2C | Everi Holdings Inc | -0.9% | -50.78% | 減碼 |
| 42 | ✓ | Realogy Hldgs CORP Com | -0.9% | — | 不變 |
| 43 | AKAM 1.125 02-15-29債券 | Akamai Technologies Inc | -1% | -13.89% | 減碼 |
| 44 | BECNUSD | Beacon Roofing Supply Inc | -1.1% | EXIT | 清倉 |
| 45 | PCG 6 12-01-27 A債券 | Pg&e CORP | -1.7% | — | 不變 |
| 46 | STWD 6.75 07-15-27債券 | Starwood Property Trust | -1.8% | — | 不變 |
| 47 | HALO 1 08-15-28債券 | Halozyme Therapeutics In | -2.5% | EXIT | 清倉 |
| 48 | AAL 6.5 07-01-25債券 | American Airlines Group | -3% | -39.06% | 減碼 |
| 49 | CNP 4.25 08-15-26債券 | Centerpoint Energy Inc | -3.5% | EXIT | 清倉 |
| 50 | CNK 4.5 08-15-25債券 | Cinemark Holdings Inc | -8.9% | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Angelo Gordon & Co., L.p. 在 Q2 2025 季度的美股持倉總市值約為 US$10.6億，共申報了 61 個公開持股部位。
在 Q2 2025 季度，Angelo Gordon & Co., L.p. 按市值排列的前三大核心持股分別為：STWD 6.75 07-15-27 (6.3%)、EVRG 4.5 12-15-27 (6.2%)、UGI 5 06-01-28 (6.0%)。其中最大持股部位 STWD 6.75 07-15-27 佔據整體投資組合約 6.3% 的權重。
在 Q2 2025 季度中，Angelo Gordon & Co., L.p. 共進行了 42 項持倉異動，包含新建倉 16 個部位、加碼 9 個部位、減碼 6 個部位以及清倉 11 個部位。 其中最大新建倉標的為 UGI 5 06-01-28。 本季清倉部位包含 CNK 4.5 08-15-25。
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。
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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。
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。