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: 0001901361
申報總市值
US$12.7億
US$12.7億
49 檔
4.0%
根據最新整理的 13F 季度數據集，Capricorn Fund Managers Ltd 於 Q1 2025 結束時的管理資產規模為 US$12.7億。該機構在本季度申報了 49 檔美股持倉，呈現出該時期的主要投資地圖。
Capricorn Fund Managers Ltd 在 Q1 2025 的調整主要集中於風險出清，清倉與減碼部位合計達 33 檔，反映機構對當前市場環境或個別公司估值採取較為保留之看法。
檢視投資組合結構，前 5 大主力部位（包含 JNJ, GOOGL, SN）占據了總市值的 4.0%，展現出該機構在 Q1 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 | JNJ | Johnson & Johnson | 股票-醫療保健 | 6.02% | +0.03% | NEW | |
| 2 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 5.53% | -0.51% | +27.05% | |
| 3 | SN | SharkNinja, Inc. | 股票-循環性消費 | 5.52% | — | +180.00% | |
| 4 | SKAA | Skechers USA Inc-cl A | 股票-其他 | 4.99% | — | +102.22% | |
| 5 | MSFT | Microsoft CORP | 股票-科技 | 4.93% | -0.92% | +121.69% | |
| 6 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 4.60% | -0.79% | -15.81% | |
| 7 | DECK | Deckers Outdoor CORP | 股票-循環性消費 | 4.60% | -0.20% | +92.50% | |
| 8 | TJX | Tjx Companies Inc | 股票-循環性消費 | 4.33% | — | -6.10% | |
| 9 | ABBV | Abbvie Inc | 股票-醫療保健 | 3.83% | -0.39% | +0.61% | |
| 10 | V | Visa Inc-class A Shares | 股票-金融 | 3.60% | -0.36% | -1.09% | |
| 11 | ✓ | 股票-其他 | 3.26% | -0.92% | +7.97% | ||
| 12 | BTI | British American Tob-sp Adr | 股票-非循環性消費 | 3.21% | +0.78% | — | |
| 13 | QSR | Restaurant Brands Intern | 股票-循環性消費 | 2.89% | -0.72% | — | |
| 14 | MCD | Mcdonald's CORP | 股票-循環性消費 | 2.86% | — | -1.23% | |
| 15 | PFE | Pfizer Inc | 股票-醫療保健 | 2.79% | -0.69% | -0.19% | |
| 16 | UNP | Union Pacific CORP | 股票-工業 | 2.69% | — | +1.93% | |
| 17 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 2.64% | -0.60% | -34.08% | |
| 18 | REAL | Realreal Inc/the | 股票-其他 | 2.60% | -0.24% | +12.64% | |
| 19 | OXY | Occidental Petroleum CORP | 股票-能源 | 2.55% | — | -0.02% | |
| 20 | LIN | Linde plc | 股票-原物料 | 2.52% | -0.20% | — | |
| 21 | LUXE | Luxexperience BV | 股票-其他 | 2.43% | -0.74% | +0.17% | |
| 22 | PYPL | Paypal Holdings Inc | 股票-金融 | 2.34% | — | +31.27% | |
| 23 | VRSN | Verisign Inc | 股票-科技 | 2.03% | — | -0.07% | |
| 24 | CVX | Chevron CORP | 股票-能源 | 1.80% | — | -50.37% | |
| 25 | TPR | Tapestry Inc | 股票-循環性消費 | 1.79% | -0.05% | +93.85% | |
| 26 | CPRI | Capri Holdings Limited | 股票-循環性消費 | 1.74% | — | — | |
| 27 | KO | The Coca-Cola Company | 股票-非循環性消費 | 1.69% | — | — | |
| 28 | AS | Amer Sports, Inc. | 股票-循環性消費 | 1.57% | -0.15% | -18.52% | |
| 29 | LULU | Lululemon Athletica Inc | 股票-循環性消費 | 1.51% | — | -9.09% | |
| 30 | DKS | Dick's Sporting Goods Inc | 股票-循環性消費 | 1.08% | — | -41.21% | |
| 31 | 5ZZ0 | Contextlogic Inc - A | 股票-其他 | 0.93% | — | +13.64% | |
| 32 | KSPI | Jsc Kaspi.kz Adr | 股票-其他 | 0.84% | -0.56% | -86.68% | |
| 33 | CRH | CRH plc | 股票-原物料 | 0.54% | — | -14.59% | |
| 34 | SCHW | Schwab (charles) CORP | 股票-金融 | 0.54% | +0.54% | NEW | |
| 35 | BTU | Peabody Energy CORP | 股票-能源 | 0.44% | — | — | |
| 36 | UBER | Uber Technologies Inc | 股票-工業 | 0.44% | — | -10.01% | |
| 37 | NE | Noble Corporation plc | 股票-能源 | 0.39% | -0.03% | — | |
| 38 | IBIT | Ishares Bitcoin Trust ETF | ETF-加密貨幣 | 0.35% | -0.10% | — | |
| 39 | CHWY | Chewy Inc - Class A | 股票-循環性消費 | 0.20% | — | -91.58% | |
| 40 | METC | Ramaco Resources Inc-a | 股票-其他 | 0.20% | — | — | |
| 41 | TECK | Teck Resources Ltd-cls B | 股票-原物料 | 0.19% | — | -33.33% | |
| 42 | KOS | Kosmos Energy LTD | 股票-其他 | 0.19% | — | — | |
| 43 | ASC | Ardmore Shipping Corporation | 股票-其他 | 0.16% | -0.03% | EXIT | |
| 44 | BUR | Burford Capital Limited | 股票-其他 | 0.14% | -0.06% | — | |
| 45 | BORR | Borr Drilling Limited | 股票-其他 | 0.13% | -0.05% | — | |
| 46 | METCB | Ramaco Resources Inc-b | 股票-其他 | 0.13% | — | +2.16% | |
| 47 | TALO | Talos Energy Inc | 股票-其他 | 0.10% | — | — | |
| 48 | SMHI | Seacor Marine Holdings Inc | 股票-其他 | 0.07% | — | — | |
| 49 | HEPS | D-market Electronic Serv-adr | 股票-其他 | 0.04% | — | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | SN | SharkNinja, Inc. | +3.8% | +180.00% | 加碼 |
| 2 | BTI | British American Tob-sp Adr | +3.2% | NEW | 新建倉 |
| 3 | QSR | Restaurant Brands Intern | +2.9% | NEW | 新建倉 |
| 4 | MSFT | Microsoft CORP | +2.8% | +121.69% | 加碼 |
| 5 | TJX | Tjx Companies Inc | +2.8% | -6.10% | 減碼 |
| 6 | SKAA | Skechers USA Inc-cl A | +2.3% | +102.22% | 加碼 |
| 7 | CPRI | Capri Holdings Limited | +1.7% | NEW | 新建倉 |
| 8 | KO | The Coca-Cola Company | +1.7% | NEW | 新建倉 |
| 9 | JNJ | Johnson & Johnson | +1.7% | -0.88% | 減碼 |
| 10 | ABBV | Abbvie Inc | +1.2% | +0.61% | 加碼 |
| 11 | GOOGL | Alphabet Inc-cl A | +1% | +27.05% | 加碼 |
| 12 | DECK | Deckers Outdoor CORP | +0.9% | +92.50% | 加碼 |
| 13 | V | Visa Inc-class A Shares | +0.9% | -1.09% | 減碼 |
| 14 | VRSN | Verisign Inc | +0.7% | -0.07% | 減碼 |
| 15 | LIN | Linde plc | +0.6% | — | 不變 |
| 16 | MCD | Mcdonald's CORP | +0.6% | -1.23% | 減碼 |
| 17 | UNP | Union Pacific CORP | +0.6% | +1.93% | 加碼 |
| 18 | LUXE | Luxexperience BV | +0.6% | +0.17% | 加碼 |
| 19 | IBIT | Ishares Bitcoin Trust ETF | +0.4% | NEW | 新建倉 |
| 20 | TPR | Tapestry Inc | +0.1% | +93.85% | 加碼 |
| 21 | BTU | Peabody Energy CORP | -0.1% | — | 不變 |
| 22 | AS | Amer Sports, Inc. | -0.1% | -18.52% | 減碼 |
| 23 | TDW | Tidewater Inc | -0.2% | EXIT | 清倉 |
| 24 | URI | United Rentals Inc | -0.3% | EXIT | 清倉 |
| 25 | CP | Canadian Pacific Kansas City | -0.3% | EXIT | 清倉 |
| 26 | LULU | Lululemon Athletica Inc | -0.4% | -9.09% | 減碼 |
| 27 | APO | Apollo Global Management Inc | -0.4% | EXIT | 清倉 |
| 28 | NDAQ | Nasdaq Inc | -0.4% | EXIT | 清倉 |
| 29 | PUMP | Propetro Holding CORP | -0.5% | EXIT | 清倉 |
| 30 | AXP | American Express Co | -0.5% | EXIT | 清倉 |
| 31 | CNK | Cinemark Holdings Inc | -0.5% | EXIT | 清倉 |
| 32 | BLK | Blackrock Inc | -0.5% | EXIT | 清倉 |
| 33 | DKS | Dick's Sporting Goods Inc | -0.7% | -41.21% | 減碼 |
| 34 | META | Meta Platforms Inc-class A | -0.8% | -34.08% | 減碼 |
| 35 | CVX | Chevron CORP | -0.8% | -50.37% | 減碼 |
| 36 | AMZN | Amazon.com Inc | -0.8% | EXIT | 清倉 |
| 37 | MO | Altria Group Inc | -0.9% | EXIT | 清倉 |
| 38 | ANF | Abercrombie & Fitch Co-cl A | -1% | EXIT | 清倉 |
| 39 | GAP | Gap Inc/the | -1.3% | EXIT | 清倉 |
| 40 | IRS | Irsa -sp Adr | -1.3% | EXIT | 清倉 |
| 41 | REAL | Realreal Inc/the | -1.4% | +12.64% | 加碼 |
| 42 | SLYV | Ss Spdr S&p 600 Sc Val ETF | -1.4% | EXIT | 清倉 |
| 43 | FIVE | Five Below | -1.5% | EXIT | 清倉 |
| 44 | ✓ | On Holding AG | -1.6% | EXIT | 清倉 |
| 45 | TGT | Target CORP | -1.7% | EXIT | 清倉 |
| 46 | PVH | Pvh CORP | -1.9% | EXIT | 清倉 |
| 47 | CHWY | Chewy Inc - Class A | -1.9% | -91.58% | 減碼 |
| 48 | NKE | Nike Inc -cl B | -2.4% | EXIT | 清倉 |
| 49 | ELF | Elf Beauty Inc | -3.2% | EXIT | 清倉 |
| 50 | KSPI | Jsc Kaspi.kz Adr | -4.6% | -86.68% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Capricorn Fund Managers Ltd 在 Q1 2025 季度的美股持倉總市值約為 US$12.7億，共申報了 49 個公開持股部位。
在 Q1 2025 季度，Capricorn Fund Managers Ltd 按市值排列的前三大核心持股分別為：JNJ (6.0%)、GOOGL (5.5%)、SN (5.5%)。其中最大持股部位 JNJ 佔據整體投資組合約 6.0% 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
BTI
市值: US$599.9萬
本季最大獲利了結 / 清倉標的
ELF
前期市值: US$711.8萬
在 Q1 2025 季度中，Capricorn Fund Managers Ltd 共進行了 48 項持倉異動，包含新建倉 5 個部位、加碼 10 個部位、減碼 12 個部位以及清倉 21 個部位。 其中最大新建倉標的為 BTI。 本季清倉部位包含 ELF。
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。