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: 0001218710
申報總市值
US$802.2億
US$802.2億
2054 檔
11.3%
Balyasny Asset Management L.p. 在 Q2 2025 季度的美股部位總計估值為 US$802.2億，分散於 2054 個持倉標的之中，反映其市場參與廣度與投資規模。
觀察 Q2 2025 的資金脈絡，Balyasny Asset Management L.p. 在獲利結算 17 檔個股的同時，將資本重新部署至 14 檔新選標的，展現主動管理機構的輪動節奏。
從部位權重觀察，前 5 大標的（包含 MSFT, QQQ, IWM）累計市值佔比達 11.3%，是驅動 Balyasny Asset Management L.p. 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 2054 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 | 3.26% | +0.12% | +19.01% | |
| 2 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 3.13% | -0.28% | -8.36% | |
| 3 | IWM | Ishares Russell 2000 ETF | ETF-中小型股 | 2.66% | -0.72% | +1.76% | |
| 4 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.38% | +0.47% | +22.62% | |
| 5 | NVDA | Nvidia CORP | 股票-科技 | 2.19% | +0.05% | +44.03% | |
| 6 | XLF | Ss Financial Select Sector | ETF-其他 | 1.95% | +1.55% | NEW | |
| 7 | TSLA | Tesla Inc | 股票-循環性消費 | 1.29% | +0.13% | +37.54% | |
| 8 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 0.99% | -1.93% | -54.60% | |
| 9 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.89% | -0.88% | -7.68% | |
| 10 | AAPL | Apple Inc | 股票-科技 | 0.87% | +0.09% | -28.00% | |
| 11 | BRO | Brown & Brown Inc | 股票-金融 | 0.77% | -0.01% | +99731.29% | |
| 12 | KRE | Ss Spdr S&p Regional Bank | ETF-其他 | 0.73% | -0.02% | +6.19% | |
| 13 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 0.71% | +0.18% | +47.81% | |
| 14 | BA | Boeing Co/the | 股票-工業 | 0.67% | -0.16% | +240.14% | |
| 15 | GDX | Vaneck Gold Miners ETF | ETF-避險與商品 | 0.67% | -0.09% | -23.41% | |
| 16 | INTU | Intuit Inc | 股票-科技 | 0.65% | -0.13% | -12.93% | |
| 17 | AVGO | Broadcom Inc | 股票-科技 | 0.62% | +0.06% | +90.48% | |
| 18 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.62% | +0.26% | +146.28% | |
| 19 | V | Visa Inc-class A Shares | 股票-金融 | 0.60% | -0.01% | +34.68% | |
| 20 | ANET | Arista Networks Inc | 股票-科技 | 0.60% | +0.10% | +2886.51% | |
| 21 | DIS | Walt Disney Co/the | 股票-通訊服務 | 0.60% | -0.29% | +38.03% | |
| 22 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 0.56% | -0.01% | -32.16% | |
| 23 | UNP | Union Pacific CORP | 股票-工業 | 0.55% | +0.02% | +328.73% | |
| 24 | CMG | Chipotle Mexican Grill Inc | 股票-循環性消費 | 0.47% | +0.15% | +862.35% | |
| 25 | XLE | Ss Energy Select Sector | ETF-其他 | 0.46% | -0.29% | -46.94% | |
| 26 | WDC | Western Digital CORP | 股票-科技 | 0.43% | -0.08% | +81.84% | |
| 27 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.43% | +0.35% | +78.51% | |
| 28 | ORCL | Oracle CORP | 股票-科技 | 0.43% | +0.13% | +244.77% | |
| 29 | NFLX | Netflix Inc | 股票-通訊服務 | 0.42% | -0.22% | -52.22% | |
| 30 | WMB | Williams Cos Inc | 股票-能源 | 0.41% | +0.02% | +124.40% | |
| 31 | DLTR | Dollar Tree Inc | 股票-非循環性消費 | 0.40% | -0.02% | +26.37% | |
| 32 | MA | Mastercard Inc - A | 股票-金融 | 0.39% | -0.08% | -58.39% | |
| 33 | HD | Home Depot Inc | 股票-循環性消費 | 0.39% | +0.13% | +109.81% | |
| 34 | XLU | St Sr Utl Sl Se Spdr Etf-usd | ETF-其他 | 0.39% | +0.30% | NEW | |
| 35 | XLY | Ss Consumer Disc Select Sect | ETF-其他 | 0.38% | +0.01% | -15.18% | |
| 36 | SMH | Vaneck Semiconductor ETF | ETF-其他 | 0.38% | +1.11% | +51.13% | |
| 37 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.37% | +0.19% | +459.86% | |
| 38 | S9Q | Spirit Aerosystems Hold-cl A | 股票-其他 | 0.37% | — | +25.67% | |
| 39 | ULTA | Ulta Beauty Inc | 股票-循環性消費 | 0.37% | +0.02% | -49.58% | |
| 40 | AJG | Arthur J Gallagher & Co | 股票-金融 | 0.37% | +0.01% | +41475.50% | |
| 41 | CRM | Salesforce Inc | 股票-科技 | 0.37% | — | +267.31% | |
| 42 | C | Citigroup Inc | 股票-金融 | 0.36% | -0.25% | +35.99% | |
| 43 | BAC | Bank Of America CORP | 股票-金融 | 0.36% | +0.10% | -25.02% | |
| 44 | MDT | Medtronic plc | 股票-醫療保健 | 0.35% | +0.09% | +273.95% | |
| 45 | CHWY | Chewy Inc - Class A | 股票-循環性消費 | 0.34% | -0.03% | +113.03% | |
| 46 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 0.34% | +0.14% | +98.68% | |
| 47 | SJM | Jm Smucker Co/the | 股票-非循環性消費 | 0.33% | +0.01% | +45.42% | |
| 48 | MS | Morgan Stanley | 股票-金融 | 0.32% | -0.08% | +205.60% | |
| 49 | HON | Honeywell International Inc | 股票-工業 | 0.32% | -0.22% | EXIT | |
| 50 | FHN | First Horizon CORP | 股票-金融 | 0.32% | -0.04% | +85.81% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | +1.1% | +44.03% | 加碼 |
| 2 | MSFT | Microsoft CORP | +1% | +19.01% | 加碼 |
| 3 | BRO | Brown & Brown Inc | +0.8% | +99731.29% | 加碼 |
| 4 | ANET | Arista Networks Inc | +0.6% | +2886.51% | 加碼 |
| 5 | AMZN | Amazon.com Inc | +0.5% | +22.62% | 加碼 |
| 6 | BA | Boeing Co/the | +0.5% | +240.14% | 加碼 |
| 7 | TSLA | Tesla Inc | +0.5% | +37.54% | 加碼 |
| 8 | CMG | Chipotle Mexican Grill Inc | +0.4% | +862.35% | 加碼 |
| 9 | UNP | Union Pacific CORP | +0.4% | +328.73% | 加碼 |
| 10 | AVGO | Broadcom Inc | +0.4% | +90.48% | 加碼 |
| 11 | AJG | Arthur J Gallagher & Co | +0.4% | +41475.50% | 加碼 |
| 12 | ORCL | Oracle CORP | +0.3% | +244.77% | 加碼 |
| 13 | LLY | Eli Lilly & Co | +0.3% | +146.28% | 加碼 |
| 14 | TSM | Taiwan Semiconductor-sp Adr | +0.3% | +47.81% | 加碼 |
| 15 | ABBV | Abbvie Inc | +0.3% | +459.86% | 加碼 |
| 16 | LHX | L3harris Technologies Inc | +0.3% | +8284.58% | 加碼 |
| 17 | ETN | Eaton Corporation plc | +0.3% | +5283.02% | 加碼 |
| 18 | WRB | Wr Berkley CORP | +0.3% | +6303.07% | 加碼 |
| 19 | DASH | Doordash Inc - A | +0.3% | NEW | 新建倉 |
| 20 | WDC | Western Digital CORP | +0.3% | +81.84% | 加碼 |
| 21 | CRM | Salesforce Inc | +0.3% | +267.31% | 加碼 |
| 22 | XYZ | Block Inc | +0.3% | +476.60% | 加碼 |
| 23 | DDOG | Datadog Inc - Class A | +0.3% | +657.15% | 加碼 |
| 24 | RDDT | Reddit Inc-cl A | +0.3% | +387.37% | 加碼 |
| 25 | MDT | Medtronic plc | +0.2% | +273.95% | 加碼 |
| 26 | FIVE | Five Below | +0.2% | +872.60% | 加碼 |
| 27 | HYG | Ishr Ibx Usd Hiyld Cb Etf-ui | +0.2% | +1405.82% | 加碼 |
| 28 | DIS | Walt Disney Co/the | +0.2% | +38.03% | 加碼 |
| 29 | MS | Morgan Stanley | +0.2% | +205.60% | 加碼 |
| 30 | WMB | Williams Cos Inc | +0.2% | +124.40% | 加碼 |
| 31 | NDAQ | Nasdaq Inc | +0.2% | +4365.03% | 加碼 |
| 32 | JPM | Jpmorgan Chase & Co | +0.2% | +78.51% | 加碼 |
| 33 | CAT | Caterpillar Inc | +0.2% | +492.14% | 加碼 |
| 34 | CHWY | Chewy Inc - Class A | +0.2% | +113.03% | 加碼 |
| 35 | SPGI | S&p Global Inc | +0.2% | +1416.09% | 加碼 |
| 36 | PINS | Pinterest Inc- Class A | +0.2% | +403.54% | 加碼 |
| 37 | WELL | Welltower Inc | +0.2% | +241.52% | 加碼 |
| 38 | MCD | Mcdonald's CORP | +0.2% | +1443.77% | 加碼 |
| 39 | HD | Home Depot Inc | +0.2% | +109.81% | 加碼 |
| 40 | BRK-B | Berkshire Hathaway Inc-cl B | +0.2% | +239.52% | 加碼 |
| 41 | CMCSA | Comcast Corp-class A | +0.2% | +435.48% | 加碼 |
| 42 | HSY | Hershey Co/the | +0.2% | NEW | 新建倉 |
| 43 | KMB | Kimberly-clark CORP | +0.2% | +32568.41% | 加碼 |
| 44 | SNDK | Sandisk CORP | +0.2% | NEW | 新建倉 |
| 45 | GLPI | Gaming And Leisure Propertie | +0.2% | NEW | 新建倉 |
| 46 | GE | General Electric | +0.2% | +118.55% | 加碼 |
| 47 | CI | THE Cigna Group | +0.2% | +1057.16% | 加碼 |
| 48 | AYI | Acuity Inc | +0.2% | NEW | 新建倉 |
| 49 | SMH | Vaneck Semiconductor ETF | +0.2% | +51.13% | 加碼 |
| 50 | PFE | Pfizer Inc | +0.2% | +354.92% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Balyasny Asset Management L.p. 在 Q2 2025 季度的美股持倉總市值約為 US$802.2億，共申報了 2054 個公開持股部位。
在 Q2 2025 季度，Balyasny Asset Management L.p. 按市值排列的前三大核心持股分別為：MSFT (3.3%)、QQQ (3.1%)、IWM (2.7%)。其中最大持股部位 MSFT 佔據整體投資組合約 3.3% 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
DASH
市值: US$1.8億
本季最大獲利了結 / 清倉標的
VTI
前期市值: US$3.7億
在 Q2 2025 季度中，Balyasny Asset Management L.p. 共進行了 200 項持倉異動，包含新建倉 14 個部位、加碼 97 個部位、減碼 72 個部位以及清倉 17 個部位。 其中最大新建倉標的為 DASH。 本季清倉部位包含 VTI。
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。