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: 0001542629
申報總市值
US$13.3億
US$13.3億
400 檔
26.8%
在 Q2 2025 的 13F 官方備案中，Baader Bank Aktiengesellschaft 管理的美股投資組合規模來到 US$13.3億，整體持股檔數為 400 檔。
在 Q2 2025 期間，Baader Bank Aktiengesellschaft 展現了靈活的資產再平衡步調，透過出清 1 檔弱勢或達到目標價部位，將資金轉置於 7 檔新建倉標的之中。
從部位權重觀察，前 5 大標的（包含 MSFT, AMZN, META）累計市值佔比達 26.8%，是驅動 Baader Bank Aktiengesellschaft 該季度整體投資組合績效表現的核心支柱。
僅顯示前 200 大持股（共 400 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 | MSFT | Microsoft CORP | 股票-科技 | 6.70% | +0.01% | -5.17% | |
| 2 | AMZN | Amazon.com Inc | 股票-循環性消費 | 5.40% | +0.97% | -4.37% | |
| 3 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 4.78% | -0.53% | -2.02% | |
| 4 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 4.76% | +2.22% | +0.22% | |
| 5 | TSLA | Tesla Inc | 股票-循環性消費 | 4.00% | +0.08% | -22.53% | |
| 6 | LIN | Linde plc | 股票-原物料 | 3.92% | +0.11% | -1.78% | |
| 7 | ADBE | Adobe Inc | 股票-科技 | 2.59% | -2.09% | +71.54% | |
| 8 | NVDA | Nvidia CORP | 股票-科技 | 2.42% | +0.31% | -24.24% | |
| 9 | ORCL | Oracle CORP | 股票-科技 | 2.19% | -1.20% | -44.42% | |
| 10 | AMD | Advanced Micro Devices | 股票-科技 | 1.74% | +0.40% | +54.03% | |
| 11 | AAPL | Apple Inc | 股票-科技 | 1.71% | +0.33% | -8.48% | |
| 12 | CRM | Salesforce Inc | 股票-科技 | 1.67% | -0.25% | -18.59% | |
| 13 | QCOM | Qualcomm Inc | 股票-科技 | 1.29% | +0.11% | -15.65% | |
| 14 | TMO | Thermo Fisher Scientific Inc | 股票-醫療保健 | 1.19% | -0.18% | -3.21% | |
| 15 | BNTX | Biontech Se-adr | 股票-其他 | 1.15% | -0.10% | +6.33% | |
| 16 | HOOD | Robinhood Markets Inc - A | 股票-金融 | 1.05% | -2.60% | +40.61% | |
| 17 | KLAC | Kla CORP | 股票-科技 | 1.05% | +0.68% | -20.62% | |
| 18 | BRK-A | Berkshire Hathaway Inc-cl A | 股票-其他 | 1.05% | -0.03% | +42.86% | |
| 19 | PYPL | Paypal Holdings Inc | 股票-金融 | 1.04% | -0.21% | -2.99% | |
| 20 | DIS | Walt Disney Co/the | 股票-通訊服務 | 1.03% | +0.05% | -53.59% | |
| 21 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 0.99% | -0.24% | -11.74% | |
| 22 | FERG | Ferguson Enterprises Inc | 股票-工業 | 0.92% | -0.04% | +37.00% | |
| 23 | CAT | Caterpillar Inc | 股票-工業 | 0.92% | -0.26% | -19.89% | |
| 24 | EW | Edwards Lifesciences CORP | 股票-醫療保健 | 0.89% | -0.17% | -19.54% | |
| 25 | UBS | UBS Group AG | 股票-金融 | 0.88% | +0.23% | — | |
| 26 | SNPS | Synopsys Inc | 股票-科技 | 0.88% | -0.15% | +582.62% | |
| 27 | V | Visa Inc-class A Shares | 股票-金融 | 0.87% | -0.04% | +2.46% | |
| 28 | DB | Deutsche Bank Aktiengesellschaft | 股票-金融 | 0.87% | -0.17% | -13.48% | |
| 29 | MA | Mastercard Inc - A | 股票-金融 | 0.82% | -0.36% | -30.77% | |
| 30 | FTNT | Fortinet Inc | 股票-科技 | 0.82% | +0.08% | NEW | |
| 31 | ULTA | Ulta Beauty Inc | 股票-循環性消費 | 0.81% | -0.26% | — | |
| 32 | NDAQ | Nasdaq Inc | 股票-金融 | 0.80% | — | -22.11% | |
| 33 | ABNB | Airbnb Inc-class A | 股票-循環性消費 | 0.78% | +0.06% | +26.31% | |
| 34 | TXN | Texas Instruments Inc | 股票-科技 | 0.78% | -0.21% | -20.37% | |
| 35 | RSG | Republic Services Inc | 股票-工業 | 0.77% | -0.06% | +5.88% | |
| 36 | WMT | Walmart Inc | 股票-非循環性消費 | 0.75% | +0.01% | -58.58% | |
| 37 | RMD | Resmed Inc | 股票-醫療保健 | 0.75% | -0.08% | EXIT | |
| 38 | REGN | Regeneron Pharmaceuticals | 股票-醫療保健 | 0.74% | -0.34% | — | |
| 39 | TER | Teradyne Inc | 股票-科技 | 0.74% | +0.48% | +10.38% | |
| 40 | PAYC | Paycom Software Inc | 股票-科技 | 0.73% | — | +335.37% | |
| 41 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 0.72% | -0.16% | +87.98% | |
| 42 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.72% | -0.04% | -28.50% | |
| 43 | AMAT | Applied Materials Inc | 股票-科技 | 0.72% | -0.09% | -20.52% | |
| 44 | GWW | Ww Grainger Inc | 股票-工業 | 0.70% | — | -21.79% | |
| 45 | HSY | Hershey Co/the | 股票-非循環性消費 | 0.70% | +0.05% | NEW | |
| 46 | SYK | Stryker CORP | 股票-醫療保健 | 0.67% | -0.06% | -2.38% | |
| 47 | ACN | Accenture plc | 股票-科技 | 0.67% | -0.69% | -18.42% | |
| 48 | MTD | Mettler-toledo International | 股票-醫療保健 | 0.63% | — | -21.00% | |
| 49 | PGR | Progressive CORP | 股票-金融 | 0.63% | -0.06% | EXIT | |
| 50 | YUM | Yum! Brands Inc | 股票-循環性消費 | 0.62% | — | -55.56% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | MSFT | Microsoft CORP | +1.2% | -5.17% | 減碼 |
| 2 | ADBE | Adobe Inc | +1% | +71.54% | 加碼 |
| 3 | AMD | Advanced Micro Devices | +0.9% | +54.03% | 加碼 |
| 4 | META | Meta Platforms Inc-class A | +0.8% | -2.02% | 減碼 |
| 5 | ULTA | Ulta Beauty Inc | +0.8% | NEW | 新建倉 |
| 6 | SNPS | Synopsys Inc | +0.8% | +582.62% | 加碼 |
| 7 | HOOD | Robinhood Markets Inc - A | +0.8% | +40.61% | 加碼 |
| 8 | REGN | Regeneron Pharmaceuticals | +0.7% | NEW | 新建倉 |
| 9 | HSY | Hershey Co/the | +0.7% | NEW | 新建倉 |
| 10 | PAYC | Paycom Software Inc | +0.6% | +335.37% | 加碼 |
| 11 | STZ | Constellation Brands Inc-a | +0.5% | +3828.77% | 加碼 |
| 12 | PLTR | Palantir Technologies Inc-a | +0.5% | +87.98% | 加碼 |
| 13 | GOOGL | Alphabet Inc-cl A | +0.4% | +0.22% | 加碼 |
| 14 | FERG | Ferguson Enterprises Inc | +0.4% | +37.00% | 加碼 |
| 15 | IREN | IREN Limited | +0.4% | NEW | 新建倉 |
| 16 | COIN | Coinbase Global Inc -class A | +0.3% | +138.97% | 加碼 |
| 17 | HLT | Hilton Worldwide Holdings In | +0.3% | NEW | 新建倉 |
| 18 | AMZN | Amazon.com Inc | +0.3% | -4.37% | 減碼 |
| 19 | MSTR | Strategy Inc | +0.3% | NEW | 新建倉 |
| 20 | TECH | Bio-techne CORP | +0.2% | NEW | 新建倉 |
| 21 | BRK-A | Berkshire Hathaway Inc-cl A | +0.2% | +42.86% | 加碼 |
| 22 | ABNB | Airbnb Inc-class A | +0.2% | +26.31% | 加碼 |
| 23 | BNTX | Biontech Se-adr | +0.2% | +6.33% | 加碼 |
| 24 | NVDA | Nvidia CORP | +0.2% | -24.24% | 減碼 |
| 25 | PONY | Pony Ai Inc | +0.2% | +112.64% | 加碼 |
| 26 | NOW | Servicenow Inc | +0.2% | +130.62% | 加碼 |
| 27 | NBIS | Nebius Group N.V. | +0.2% | -7.46% | 減碼 |
| 28 | MTD | Mettler-toledo International | -0.2% | -21.00% | 減碼 |
| 29 | FTNT | Fortinet Inc | -0.2% | -24.13% | 減碼 |
| 30 | ACN | Accenture plc | -0.2% | -18.42% | 減碼 |
| 31 | INTC | Intel CORP | -0.3% | -85.48% | 減碼 |
| 32 | QCOM | Qualcomm Inc | -0.3% | -15.65% | 減碼 |
| 33 | MA | Mastercard Inc - A | -0.4% | -30.77% | 減碼 |
| 34 | TMO | Thermo Fisher Scientific Inc | -0.4% | -3.21% | 減碼 |
| 35 | JNJ | Johnson & Johnson | -0.4% | -28.50% | 減碼 |
| 36 | AAPL | Apple Inc | -0.4% | -8.48% | 減碼 |
| 37 | TSLA | Tesla Inc | -0.4% | -22.53% | 減碼 |
| 38 | CRM | Salesforce Inc | -0.4% | -18.59% | 減碼 |
| 39 | AON | Aon plc | -0.5% | -34.18% | 減碼 |
| 40 | ORCL | Oracle CORP | -0.5% | -44.42% | 減碼 |
| 41 | GLW | Corning Inc | -0.6% | EXIT | 清倉 |
| 42 | CVNA | Carvana Co | -0.6% | -97.15% | 減碼 |
| 43 | DIS | Walt Disney Co/the | -0.8% | -53.59% | 減碼 |
| 44 | HD | Home Depot Inc | -0.9% | -84.01% | 減碼 |
| 45 | WMT | Walmart Inc | -1% | -58.58% | 減碼 |
| 46 | UNH | Unitedhealth Group Inc | -1.1% | -94.06% | 減碼 |
| 47 | GOOG | Alphabet Inc-cl C | -1.1% | -80.36% | 減碼 |
| 48 | YUM | Yum! Brands Inc | -1.2% | -55.56% | 減碼 |
| 49 | BRK-B | Berkshire Hathaway Inc-cl B | -1.4% | -76.46% | 減碼 |
| 50 | NKE | Nike Inc -cl B | -1.8% | -90.91% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Baader Bank Aktiengesellschaft 在 Q2 2025 季度的美股持倉總市值約為 US$13.3億，共申報了 400 個公開持股部位。
在 Q2 2025 季度，Baader Bank Aktiengesellschaft 按市值排列的前三大核心持股分別為：MSFT (6.7%)、AMZN (5.4%)、META (4.8%)。其中最大持股部位 MSFT 佔據整體投資組合約 6.7% 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
ULTA
市值: US$1123.5萬
本季最大獲利了結 / 清倉標的
GLW
前期市值: US$769.4萬
在 Q2 2025 季度中，Baader Bank Aktiengesellschaft 共進行了 50 項持倉異動，包含新建倉 7 個部位、加碼 15 個部位、減碼 27 個部位以及清倉 1 個部位。 其中最大新建倉標的為 ULTA。 本季清倉部位包含 GLW。
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。