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: 0002053305
申報總市值
US$33.8億
US$33.8億
90 檔
27.7%
截至 Q4 2025 季度末，BIT Capital GmbH 的美股持倉估值約為 US$33.8億，全數申報部位共有 90 檔。
BIT Capital GmbH 在 Q4 2025 進行了結構性的板塊輪動與部位換股。在開立 24 個全新部位及加碼 34 檔持股的同時，亦同步清倉 29 檔並減碼 30 檔標的。
檢視投資組合結構，前 5 大主力部位（包含 IREN, MSFT, HNGE）占據了總市值的 27.7%，展現出該機構在 Q4 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 | IREN | IREN Limited | 股票-其他 | 9.84% | -0.51% | +19.00% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 8.72% | -0.48% | +10.72% | |
| 3 | HNGE | Hinge Health Inc-a | 股票-其他 | 5.67% | -1.46% | +79.29% | |
| 4 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 5.27% | -6.38% | +74.97% | |
| 5 | LMND | Lemonade Inc | 股票-金融 | 4.86% | -1.77% | EXIT | |
| 6 | RDDT | Reddit Inc-cl A | 股票-通訊服務 | 4.76% | +0.44% | -27.95% | |
| 7 | MU | Micron Technology Inc | 股票-科技 | 4.31% | +0.17% | -0.81% | |
| 8 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 4.28% | -0.76% | +1.21% | |
| 9 | HUT | Hut 8 CORP | 股票-金融 | 3.62% | -3.82% | -3.58% | |
| 10 | HOOD | Robinhood Markets Inc - A | 股票-金融 | 3.47% | +6.12% | +17.96% | |
| 11 | DDOG | Datadog Inc - Class A | 股票-科技 | 3.29% | -0.09% | EXIT | |
| 12 | OSCR | Oscar Health Inc - Class A | 股票-醫療保健 | 3.27% | -0.61% | +545.00% | |
| 13 | AMZN | Amazon.com Inc | 股票-循環性消費 | 3.25% | +2.24% | -36.96% | |
| 14 | KSPI | Jsc Kaspi.kz Adr | 股票-其他 | 2.92% | -0.48% | +15.23% | |
| 15 | RBRK | Rubrik Inc-a | 股票-科技 | 2.79% | +0.02% | NEW | |
| 16 | NVDA | Nvidia CORP | 股票-科技 | 2.62% | -2.60% | -9.64% | |
| 17 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 2.31% | -0.65% | EXIT | |
| 18 | COIN | Coinbase Global Inc -class A | 股票-金融 | 2.21% | -0.10% | +74.52% | |
| 19 | BMNR | Bitmine Immersion Technologi | 股票-金融 | 1.55% | -1.70% | EXIT | |
| 20 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 1.28% | -0.34% | EXIT | |
| 21 | DUOL | Duolingo | 股票-科技 | 1.16% | — | +33.15% | |
| 22 | SHOP | Shopify Inc - Class A | 股票-科技 | 1.03% | -0.01% | EXIT | |
| 23 | NTSK | Netskope Inc-cl A | 股票-其他 | 1.02% | — | — | |
| 24 | PANW | Palo Alto Networks Inc | 股票-科技 | 0.97% | — | -19.05% | |
| 25 | INTC | Intel CORP | 股票-科技 | 0.86% | -0.69% | — | |
| 26 | GLXY | Galaxy Digital Inc-a | 股票-其他 | 0.83% | +0.28% | +214.33% | |
| 27 | COHR | Coherent CORP | 股票-科技 | 0.78% | -0.02% | EXIT | |
| 28 | REAL | Realreal Inc/the | 股票-其他 | 0.66% | -0.07% | EXIT | |
| 29 | CRCL | Circle Internet Group Inc | 股票-金融 | 0.65% | +0.43% | +105.69% | |
| 30 | GRND | Grindr Inc | 股票-其他 | 0.65% | -0.20% | +77.93% | |
| 31 | GRAB | Grab Holdings Limited | 股票-科技 | 0.62% | -0.02% | EXIT | |
| 32 | AMD | Advanced Micro Devices | 股票-科技 | 0.62% | -5.06% | EXIT | |
| 33 | AXON | Axon Enterprise Inc | 股票-工業 | 0.57% | -0.04% | EXIT | |
| 34 | OMDA | Omada Health Inc | 股票-其他 | 0.55% | — | +52.42% | |
| 35 | BBD | Banco Bradesco-adr | 股票-其他 | 0.53% | — | — | |
| 36 | CIFR | Cipher Digital Inc | 股票-科技 | 0.50% | +0.09% | -61.99% | |
| 37 | HIMS | Hims & Hers Health Inc | 股票-醫療保健 | 0.50% | +0.06% | NEW | |
| 38 | GRAL | Grail Inc | 股票-醫療保健 | 0.49% | — | — | |
| 39 | AVGO | Broadcom Inc | 股票-科技 | 0.49% | +0.13% | +199.15% | |
| 40 | WULF | Terawulf Inc | 股票-金融 | 0.49% | +0.35% | +57.05% | |
| 41 | CORZ | Core Scientific Inc | 股票-科技 | 0.48% | +0.44% | NEW | |
| 42 | P | Everpure Inc-a | 股票-科技 | 0.41% | -0.02% | EXIT | |
| 43 | FIGR | Figure Technology Solut-cl A | 股票-其他 | 0.39% | -0.51% | +23.82% | |
| 44 | RIOT | Riot Platforms Inc | 股票-金融 | 0.39% | -0.30% | +11.05% | |
| 45 | APLD | Applied Digital CORP | 股票-科技 | 0.38% | -0.02% | -28.98% | |
| 46 | 1B2 | Bitfarms Ltd/canada | 股票-其他 | 0.37% | -0.54% | EXIT | |
| 47 | ✓ | 股票-其他 | 0.35% | -0.35% | — | ||
| 48 | MSTR | Strategy Inc | 股票-科技 | 0.34% | -2.47% | -68.88% | |
| 49 | CLSK | Cleanspark Inc | 股票-金融 | 0.33% | +0.07% | NEW | |
| 50 | LITE | Lumentum Holdings Inc | 股票-科技 | 0.29% | -0.64% | — |
| # | 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 | +3.1% | +74.97% | 加碼 |
| 2 | OSCR | Oscar Health Inc - Class A | +2.7% | +545.00% | 加碼 |
| 3 | LMND | Lemonade Inc | +2.6% | +48.01% | 加碼 |
| 4 | HNGE | Hinge Health Inc-a | +2.6% | +79.29% | 加碼 |
| 5 | MU | Micron Technology Inc | +1.9% | -0.81% | 減碼 |
| 6 | DDOG | Datadog Inc - Class A | +1.9% | +124.96% | 加碼 |
| 7 | RBRK | Rubrik Inc-a | +1.2% | +69.60% | 加碼 |
| 8 | HUT | Hut 8 CORP | +1% | -3.58% | 減碼 |
| 9 | MSFT | Microsoft CORP | +0.9% | +10.72% | 加碼 |
| 10 | TSM | Taiwan Semiconductor-sp Adr | +0.7% | +1.21% | 加碼 |
| 11 | AXON | Axon Enterprise Inc | +0.5% | +667.27% | 加碼 |
| 12 | GLXY | Galaxy Digital Inc-a | +0.5% | +214.33% | 加碼 |
| 13 | KSPI | Jsc Kaspi.kz Adr | +0.5% | +15.23% | 加碼 |
| 14 | COIN | Coinbase Global Inc -class A | +0.5% | +74.52% | 加碼 |
| 15 | AVGO | Broadcom Inc | +0.3% | +199.15% | 加碼 |
| 16 | CORZ | Core Scientific Inc | +0.3% | +259.49% | 加碼 |
| 17 | REAL | Realreal Inc/the | +0.3% | +10.39% | 加碼 |
| 18 | IREN | IREN Limited | +0.3% | +19.00% | 加碼 |
| 19 | GRND | Grindr Inc | +0.3% | +77.93% | 加碼 |
| 20 | WULF | Terawulf Inc | +0.2% | +57.05% | 加碼 |
| 21 | CRCL | Circle Internet Group Inc | +0.2% | +105.69% | 加碼 |
| 22 | FIGR | Figure Technology Solut-cl A | +0.1% | +23.82% | 加碼 |
| 23 | OMDA | Omada Health Inc | +0.1% | +52.42% | 加碼 |
| 24 | CMPS | Compass Pathways PLC | +0.1% | +2963.36% | 加碼 |
| 25 | BAP | Credicorp Ltd. | +0.1% | +46.90% | 加碼 |
| 26 | SHOP | Shopify Inc - Class A | +0.1% | -7.71% | 減碼 |
| 27 | TRVI | Trevi Therapeutics Inc | +0.1% | +1829.07% | 加碼 |
| 28 | RVMD | Revolution Medicines Inc | +0.1% | +1108.94% | 加碼 |
| 29 | 1B2 | Bitfarms Ltd/canada | 0% | +23.32% | 加碼 |
| 30 | XMTR | Xometry Inc-a | 0% | -3.43% | 減碼 |
| 31 | BBD | Banco Bradesco-adr | 0% | — | 不變 |
| 32 | IDYA | Ideaya Biosciences Inc | 0% | +459.79% | 加碼 |
| 33 | SE | Sea Ltd-adr | 0% | +36.58% | 加碼 |
| 34 | CRWD | Crowdstrike Holdings Inc - A | 0% | +3.61% | 加碼 |
| 35 | NOW | Servicenow Inc | 0% | +499.12% | 加碼 |
| 36 | HOOD | Robinhood Markets Inc - A | — | +17.96% | 加碼 |
| 37 | JPM | Jpmorgan Chase & Co | — | -6.14% | 減碼 |
| 38 | NFLX | Netflix Inc | — | +1094.99% | 加碼 |
| 39 | ABNB | Airbnb Inc-class A | 0% | -86.64% | 減碼 |
| 40 | ISRG | Intuitive Surgical Inc | 0% | -95.33% | 減碼 |
| 41 | GTM | Zoominfo Technologies Inc | 0% | -93.01% | 減碼 |
| 42 | UBER | Uber Technologies Inc | 0% | -86.63% | 減碼 |
| 43 | SOFI | Sofi Technologies Inc | 0% | -95.95% | 減碼 |
| 44 | NVDA | Nvidia CORP | -0.1% | -9.64% | 減碼 |
| 45 | GRAB | Grab Holdings Limited | -0.1% | — | 不變 |
| 46 | APLD | Applied Digital CORP | -0.1% | -28.98% | 減碼 |
| 47 | RIOT | Riot Platforms Inc | -0.1% | +11.05% | 加碼 |
| 48 | CLSK | Cleanspark Inc | -0.2% | -8.83% | 減碼 |
| 49 | PANW | Palo Alto Networks Inc | -0.3% | -19.05% | 減碼 |
| 50 | ✓ | Bitdeer Technologies Group | -0.3% | -71.79% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，BIT Capital GmbH 在 Q4 2025 季度的美股持倉總市值約為 US$33.8億，共申報了 90 個公開持股部位。
在 Q4 2025 季度，BIT Capital GmbH 按市值排列的前三大核心持股分別為：IREN (9.8%)、MSFT (8.7%)、HNGE (5.7%)。其中最大持股部位 IREN 佔據整體投資組合約 9.8% 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
NTSK
市值: US$2768.3萬
本季最大獲利了結 / 清倉標的
SBET
前期市值: US$2068.1萬
在 Q4 2025 季度中，BIT Capital GmbH 共進行了 117 項持倉異動，包含新建倉 24 個部位、加碼 34 個部位、減碼 30 個部位以及清倉 29 個部位。 其中最大新建倉標的為 NTSK。 本季清倉部位包含 SBET。
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。