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: 0001167456
申報總市值
US$70.2億
US$70.2億
390 檔
8.6%
在 Q2 2025 申報期間，AQR Arbitrage LLC（CIK: 0001167456）向美國 SEC 提交的 Form 13F 報告顯示，其追蹤之股票投資組合總市值達 US$70.2億，共持有 390 個公開申報部位。
觀察 Q2 2025 的資金脈絡，AQR Arbitrage LLC 在獲利結算 66 檔個股的同時，將資本重新部署至 80 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，AQR Arbitrage LLC 的前 5 大核心持股（包含 HES, LRN 1.125 09-01-27, IDCC 3.5 06-01-27 等）合計佔整體申報市值的 8.6%，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 390 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 | HES | Hess CORP | 股票-其他 | 3.46% | — | +75.01% | |
| 2 | LRN 1.125 09-01-27債券 | Stride Inc | 債券 | 3.37% | — | +3.94% | |
| 3 | IDCC 3.5 06-01-27債券 | Interdigital Inc | 債券 | 2.69% | — | — | |
| 4 | AEBA | Allete Inc | 股票-其他 | 2.24% | — | +29.08% | |
| 5 | MIDD 1 09-01-25債券 | Middleby CORP | 債券 | 2.13% | — | — | |
| 6 | APY1EUR | Championx CORP | 股票-其他 | 2.06% | — | +24.38% | |
| 7 | MSTR | Strategy Inc | 股票-科技 | 2.03% | — | -16.69% | |
| 8 | MMYT 0 02-15-28債券 | Makemytrip Limited | 債券 | 1.90% | — | — | |
| 9 | LYV 3.125 01-15-29債券 | Live Nation Entertainmen | 債券 | 1.88% | — | +51.86% | |
| 10 | IPG | Interpublic Group Of Cos Inc | 股票-其他 | 1.72% | — | +58.35% | |
| 11 | KEL | Kellanova | 股票-其他 | 1.66% | — | +59.53% | |
| 12 | AMED | Amedisys Inc | 股票-其他 | 1.56% | — | +19.63% | |
| 13 | PATK 1.75 12-01-28債券 | Patrick Industries Inc | 債券 | 1.51% | — | +1.37% | |
| 14 | EXAS 0.375 03-01-28債券 | Exact Sciences CORP | 債券 | 1.50% | — | +8.35% | |
| 15 | SWTXUSD | Springworks Therapeutics Inc | 股票-其他 | 1.42% | — | — | |
| 16 | STX 3.5 06-01-28債券 | Seagate Hdd Cayman | 債券 | 1.42% | — | NEW | |
| 17 | UBER 0.875 12-01-28 2028債券 | Uber Technologies Inc | 債券 | 1.37% | — | +32057.69% | |
| 18 | ESGRP | Enstar Group Limited - Deposita | 股票-其他 | 1.35% | — | +0.98% | |
| 19 | DKNG 0 03-15-28債券 | Draftkings Holdings Inc | 債券 | 1.31% | -1.29% | EXIT | |
| 20 | TXNM | Txnm Energy Inc | 股票-公用事業 | 1.27% | -0.23% | — | |
| 21 | AKX | Ansys Inc | 股票-其他 | 1.25% | — | +23.50% | |
| 22 | G2C | Everi Holdings Inc | 股票-其他 | 1.25% | — | +30.84% | |
| 23 | DXCM 0.375 05-15-28債券 | Dexcom Inc | 債券 | 1.20% | -1.27% | EXIT | |
| 24 | BMRN 1.25 05-15-27債券 | Biomarin Pharmaceutical | 債券 | 1.17% | — | +22.98% | |
| 25 | AVDX | Avidxchange Holdings Inc | 股票-其他 | 1.01% | — | — | |
| 26 | SKAA | Skechers USA Inc-cl A | 股票-其他 | 1.00% | — | — | |
| 27 | RIG 4.625 09-30-29 *債券 | Transocean Interntnl LTD | 債券 | 0.88% | — | — | |
| 28 | DNB | Dun & Bradstreet Holdings In | 股票-其他 | 0.88% | — | +117.19% | |
| 29 | RCL 6 08-15-25債券 | Royal Caribbean Cruises | 債券 | 0.87% | — | -30.80% | |
| 30 | JNP | Juniper Networks Inc | 股票-其他 | 0.84% | — | +44.76% | |
| 31 | ETSY 0.125 10-01-26債券 | Etsy Inc | 債券 | 0.83% | — | -8.54% | |
| 32 | FE 4 05-01-26債券 | Firstenergy CORP | 債券 | 0.83% | — | +237.63% | |
| 33 | S9Q | Spirit Aerosystems Hold-cl A | 股票-其他 | 0.81% | — | -15.16% | |
| 34 | GPN 1.5 03-01-31債券 | Global Payments Inc | 債券 | 0.79% | -0.16% | — | |
| 35 | FYBR | Frontier Communications Pare | 股票-其他 | 0.77% | — | +48.71% | |
| 36 | MQ8 | Mag Silver CORP | 股票-其他 | 0.70% | — | — | |
| 37 | WOO | Foot Locker Inc | 股票-其他 | 0.67% | — | — | |
| 38 | SMCI 3.5 03-01-29債券 | Super Micro Computer Inc | 債券 | 0.64% | -0.69% | -32.78% | |
| 39 | LBRDK | Liberty Broadband-c | 股票-通訊服務 | 0.62% | -0.36% | +233.26% | |
| 40 | RDFN 0.5 04-01-27債券 | Redfin CORP | 債券 | 0.62% | -0.01% | +9900.00% | |
| 41 | TG7 | Triumph Group Inc | 股票-其他 | 0.60% | — | +14.16% | |
| 42 | WKC 3.25 07-01-28債券 | World Kinect Group | 債券 | 0.59% | — | -26.02% | |
| 43 | EVAC-WT | EQV Ventures Acquisition Corp. II WT | 股票-其他 | 0.59% | — | -1.42% | |
| 44 | PD 1.5 10-15-28 *債券 | Pagerduty Inc. | 債券 | 0.58% | — | -29.05% | |
| 45 | AKAM 1.125 02-15-29債券 | Akamai Technologies Inc | 債券 | 0.57% | +0.01% | +4213.11% | |
| 46 | DBX 0 03-01-28債券 | Dropbox Inc | 債券 | 0.56% | — | -28.62% | |
| 47 | ✓ | New Providence Acquisition C | 股票-其他 | 0.53% | — | — | |
| 48 | ✓ | Titan Acquisition CORP | 股票-其他 | 0.52% | -0.04% | — | |
| 49 | ANSCW | Agriculture & Natural Solutions Acquisition Corporation | 股票-其他 | 0.51% | -0.06% | -3.07% | |
| 50 | ON 0.5 03-01-29債券 | On Semiconductor CORP | 債券 | 0.50% | -1.37% | -28.45% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | MIDD 1 09-01-25債券 | Middleby CORP | +2.1% | NEW | 新建倉 |
| 2 | SWTXUSD | Springworks Therapeutics Inc | +1.4% | NEW | 新建倉 |
| 3 | STX 3.5 06-01-28債券 | Seagate Hdd Cayman | +1.4% | NEW | 新建倉 |
| 4 | UBER 0.875 12-01-28 2028債券 | Uber Technologies Inc | +1.4% | +32057.69% | 加碼 |
| 5 | TXNM | Txnm Energy Inc | +1.3% | NEW | 新建倉 |
| 6 | HES | Hess CORP | +1.1% | +75.01% | 加碼 |
| 7 | AVDX | Avidxchange Holdings Inc | +1% | NEW | 新建倉 |
| 8 | SKAA | Skechers USA Inc-cl A | +1% | NEW | 新建倉 |
| 9 | DKNG 0 03-15-28債券 | Draftkings Holdings Inc | +1% | +274.41% | 加碼 |
| 10 | GPN 1.5 03-01-31債券 | Global Payments Inc | +0.8% | NEW | 新建倉 |
| 11 | LYV 3.125 01-15-29債券 | Live Nation Entertainmen | +0.7% | +51.86% | 加碼 |
| 12 | MQ8 | Mag Silver CORP | +0.7% | NEW | 新建倉 |
| 13 | WOO | Foot Locker Inc | +0.7% | NEW | 新建倉 |
| 14 | RDFN 0.5 04-01-27債券 | Redfin CORP | +0.6% | +9900.00% | 加碼 |
| 15 | FE 4 05-01-26債券 | Firstenergy CORP | +0.6% | +237.63% | 加碼 |
| 16 | AKAM 1.125 02-15-29債券 | Akamai Technologies Inc | +0.6% | +4213.11% | 加碼 |
| 17 | KEL | Kellanova | +0.6% | +59.53% | 加碼 |
| 18 | ✓ | New Providence Acquisition C | +0.5% | NEW | 新建倉 |
| 19 | ✓ | Titan Acquisition CORP | +0.5% | NEW | 新建倉 |
| 20 | LRN 1.125 09-01-27債券 | Stride Inc | +0.5% | +3.94% | 加碼 |
| 21 | IPG | Interpublic Group Of Cos Inc | +0.5% | +58.35% | 加碼 |
| 22 | DNB | Dun & Bradstreet Holdings In | +0.5% | +117.19% | 加碼 |
| 23 | ✓ | +0.5% | NEW | 新建倉 | |
| 24 | LBRDK | Liberty Broadband-c | +0.5% | +233.26% | 加碼 |
| 25 | ✓ | Kochav Defense Acqui Co | +0.4% | NEW | 新建倉 |
| 26 | DXCM 0.375 05-15-28債券 | Dexcom Inc | +0.4% | +48.00% | 加碼 |
| 27 | ✓ | +0.4% | NEW | 新建倉 | |
| 28 | LYFT 0.625 03-01-29債券 | Lyft Inc | +0.4% | +581.41% | 加碼 |
| 29 | AEBA | Allete Inc | +0.4% | +29.08% | 加碼 |
| 30 | ✓ | Berto Acquisition CORP | +0.4% | NEW | 新建倉 |
| 31 | ✓ | Sizzle Acquisition CORP. Ii | +0.4% | NEW | 新建倉 |
| 32 | ✓ | Gores Hldgs X Inc | +0.4% | NEW | 新建倉 |
| 33 | ✓ | Digital Asset Acquisition Co | +0.4% | NEW | 新建倉 |
| 34 | ✓ | Armada Acquisition CORP Ii | +0.4% | NEW | 新建倉 |
| 35 | WDC 3 11-15-28債券 | Western Digital CORP | +0.4% | NEW | 新建倉 |
| 36 | ✓ | +0.4% | NEW | 新建倉 | |
| 37 | SRPT 1.25 09-15-27債券 | Sarepta Therapeutics Inc | +0.4% | NEW | 新建倉 |
| 38 | ✓ | +0.4% | NEW | 新建倉 | |
| 39 | ✓ | Blue Wtr Acquisition CORP. I | +0.3% | NEW | 新建倉 |
| 40 | ✓ | Real Asset Acquisition CORP | +0.3% | NEW | 新建倉 |
| 41 | ✓ | +0.3% | NEW | 新建倉 | |
| 42 | ✓ | +0.3% | NEW | 新建倉 | |
| 43 | ✓ | Inflection Pt Acquisition CORP | +0.3% | NEW | 新建倉 |
| 44 | ✓ | Fifth Era Acquisition CORP I | +0.3% | NEW | 新建倉 |
| 45 | BE 3 06-01-29債券 | Bloom Energy CORP | +0.3% | NEW | 新建倉 |
| 46 | ✓ | Lightwave Acquisition CORP | +0.3% | NEW | 新建倉 |
| 47 | ✓ | Cal Redwood Acquisition CORP | +0.3% | NEW | 新建倉 |
| 48 | BA 6 10-15-27債券 | Boeing Co/the | +0.3% | NEW | 新建倉 |
| 49 | AKX | Ansys Inc | +0.3% | +23.50% | 加碼 |
| 50 | G2C | Everi Holdings Inc | +0.3% | +30.84% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，AQR Arbitrage LLC 在 Q2 2025 季度的美股持倉總市值約為 US$70.2億，共申報了 390 個公開持股部位。
在 Q2 2025 季度，AQR Arbitrage LLC 按市值排列的前三大核心持股分別為：HES (3.5%)、LRN 1.125 09-01-27 (3.4%)、IDCC 3.5 06-01-27 (2.7%)。其中最大持股部位 HES 佔據整體投資組合約 3.5% 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
MIDD 1 09-01-25
市值: US$9276.4萬
本季最大獲利了結 / 清倉標的
LUV 1.25 05-01-25
前期市值: US$8666.0萬
在 Q2 2025 季度中，AQR Arbitrage LLC 共進行了 198 項持倉異動，包含新建倉 80 個部位、加碼 30 個部位、減碼 22 個部位以及清倉 66 個部位。 其中最大新建倉標的為 MIDD 1 09-01-25。 本季清倉部位包含 LUV 1.25 05-01-25。
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。