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: 0001811907
申報總市值
US$2.2億
US$2.2億
82 檔
44.9%
在 Q4 2024 申報期間，Citadel Investment Advisory, Inc.（CIK: 0001811907）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$2.2億，共持有 82 個公開申報部位。
數據顯示 Citadel Investment Advisory, Inc. 於 Q4 2024 季度持續回收資金，對 25 個既有部位進行裁減並清倉 1 個標的，組合整體流動性比重有所上升。
從部位權重觀察，前 5 大標的（包含 BRK-B, MKL, GOOGL）累計市值佔比達 44.9%，是驅動 Citadel Investment Advisory, Inc. 該季度整體投資組合績效表現的核心支柱。
| # | 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 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 25.82% | -0.19% | +0.31% | |
| 2 | MKL | Markel Group Inc | 股票-金融 | 14.33% | -0.40% | +0.19% | |
| 3 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 4.90% | +1.14% | +6.65% | |
| 4 | MSFT | Microsoft CORP | 股票-科技 | 3.48% | -0.10% | +2.60% | |
| 5 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 2.99% | +0.60% | -2.32% | |
| 6 | PM | Philip Morris International | 股票-非循環性消費 | 2.59% | +0.13% | -0.24% | |
| 7 | IBM | Intl Business Machines CORP | 股票-科技 | 2.03% | +0.20% | +0.51% | |
| 8 | ORCL | Oracle CORP | 股票-科技 | 1.98% | -0.08% | +1.17% | |
| 9 | MCO | Moody's CORP | 股票-金融 | 1.97% | -0.02% | +1.53% | |
| 10 | JNJ | Johnson & Johnson | 股票-醫療保健 | 1.85% | -0.03% | +0.12% | |
| 11 | RTX | Rtx CORP | 股票-工業 | 1.81% | -0.16% | -0.23% | |
| 12 | ABBV | Abbvie Inc | 股票-醫療保健 | 1.70% | +0.19% | +13.16% | |
| 13 | MCD | Mcdonald's CORP | 股票-循環性消費 | 1.69% | -0.26% | +1.87% | |
| 14 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 1.54% | +0.01% | -0.17% | |
| 15 | DIS | Walt Disney Co/the | 股票-通訊服務 | 1.46% | -0.06% | -0.47% | |
| 16 | KO | Coca-cola Co/the | 股票-非循環性消費 | 1.40% | +0.02% | -0.21% | |
| 17 | PEP | Pepsico Inc | 股票-非循環性消費 | 1.32% | -0.20% | +0.91% | |
| 18 | GS | Goldman Sachs Group Inc | 股票-金融 | 1.32% | +0.22% | -1.89% | |
| 19 | FUN | Six Flags Entertainment Corporation | 股票-其他 | 1.25% | — | +178.39% | |
| 20 | GD | General Dynamics CORP | 股票-工業 | 1.22% | -0.03% | +0.96% | |
| 21 | MTD | Mettler-toledo International | 股票-醫療保健 | 1.19% | -0.03% | -0.27% | |
| 22 | IPMLF | Imperial Metals CORP | 股票-其他 | 1.15% | -1.15% | +0.06% | |
| 23 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.11% | +0.07% | -0.56% | |
| 24 | AXP | American Express Co | 股票-金融 | 1.06% | +0.06% | — | |
| 25 | ✓ | Medtronic | 股票-其他 | 0.98% | -0.12% | -2.42% | |
| 26 | MHK | Mohawk Industries Inc | 股票-循環性消費 | 0.79% | +0.08% | -0.23% | |
| 27 | IDXX | Idexx Laboratories Inc | 股票-醫療保健 | 0.79% | -0.11% | -0.68% | |
| 28 | WFC | Wells Fargo & Co | 股票-金融 | 0.77% | -0.01% | -0.24% | |
| 29 | CSX | Csx CORP | 股票-工業 | 0.75% | +0.07% | +0.68% | |
| 30 | CACC | Credit Acceptance CORP | 股票-其他 | 0.68% | +0.22% | +113.57% | |
| 31 | LOW | Lowe's Cos Inc | 股票-循環性消費 | 0.64% | -0.05% | — | |
| 32 | JEF | Jefferies Financial Group In | 股票-金融 | 0.60% | -0.12% | -0.67% | |
| 33 | ETN | Eaton Corporation plc | 股票-工業 | 0.60% | +0.07% | — | |
| 34 | AMZN | Amazon.com Inc | 股票-循環性消費 | 0.58% | +0.04% | — | |
| 35 | AMG | Affiliated Managers Group | 股票-金融 | 0.57% | +0.14% | — | |
| 36 | ABT | Abbott Laboratories | 股票-醫療保健 | 0.57% | -0.07% | -1.03% | |
| 37 | DHR | Danaher CORP | 股票-醫療保健 | 0.52% | -0.01% | — | |
| 38 | BAC | Bank Of America CORP | 股票-金融 | 0.50% | +0.05% | -0.11% | |
| 39 | HHC* | Howard Hughes Corp/the | 股票-其他 | 0.48% | +0.03% | — | |
| 40 | SYY | Sysco CORP | 股票-非循環性消費 | 0.47% | +0.04% | -0.83% | |
| 41 | CNI | Canadian Natl Railway Co | 股票-工業 | 0.42% | +0.04% | -0.62% | |
| 42 | EG | Everest Group, Ltd. | 股票-金融 | 0.42% | +0.01% | — | |
| 43 | ✓ | John Marshall Bancorp | 股票-其他 | 0.41% | +0.01% | -1.00% | |
| 44 | FISV | Fiserv Inc | 股票-其他 | 0.39% | -0.02% | -2.67% | |
| 45 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.36% | -0.01% | — | |
| 46 | CMCSA | Comcast Corp-class A | 股票-通訊服務 | 0.35% | -0.05% | -3.51% | |
| 47 | LDOS | Leidos Holdings Inc | 股票-科技 | 0.34% | -0.11% | — | |
| 48 | BA | Boeing Co/the | 股票-工業 | 0.33% | +0.01% | — | |
| 49 | ✓ | Vistaprint NV Cimpress | 股票-其他 | 0.32% | +0.10% | — | |
| 50 | MA | Mastercard Inc - A | 股票-金融 | 0.32% | -0.01% | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | MKL | Markel Group Inc | +1.2% | +0.19% | 加碼 |
| 2 | FUN | Six Flags Entertainment Corporation | +0.9% | +178.39% | 加碼 |
| 3 | GOOGL | Alphabet Inc-cl A | +0.6% | +6.65% | 加碼 |
| 4 | CACC | Credit Acceptance CORP | +0.4% | +113.57% | 加碼 |
| 5 | GOOG | Alphabet Inc-cl C | +0.3% | -2.32% | 減碼 |
| 6 | BKNG | Booking Holdings Inc | +0.2% | -0.17% | 減碼 |
| 7 | DIS | Walt Disney Co/the | +0.2% | -0.47% | 減碼 |
| 8 | GS | Goldman Sachs Group Inc | +0.2% | -1.89% | 減碼 |
| 9 | WFC | Wells Fargo & Co | +0.1% | -0.24% | 減碼 |
| 10 | JPM | Jpmorgan Chase & Co | +0.1% | -0.56% | 減碼 |
| 11 | JEF | Jefferies Financial Group In | +0.1% | -0.67% | 減碼 |
| 12 | PNW | Pinnacle West Capital Corporation | +0.1% | NEW | 新建倉 |
| 13 | WTM | White Mountains Insurance Group, Ltd. | +0.1% | NEW | 新建倉 |
| 14 | AXP | American Express Co | +0.1% | — | 不變 |
| 15 | AMZN | Amazon.com Inc | +0.1% | — | 不變 |
| 16 | WBD | Warner Bros Discovery Inc | +0.1% | -3.72% | 減碼 |
| 17 | BAC | Bank Of America CORP | 0% | -0.11% | 減碼 |
| 18 | BA | Boeing Co/the | 0% | — | 不變 |
| 19 | FISV | Fiserv Inc | 0% | -2.67% | 減碼 |
| 20 | ETN | Eaton Corporation plc | 0% | — | 不變 |
| 21 | LBTYA | Liberty Global Ltd. | 0% | -2.40% | 減碼 |
| 22 | INTC | Intel CORP | 0% | -11.87% | 減碼 |
| 23 | MDLZ | Mondelez International Inc-a | 0% | — | 不變 |
| 24 | EG | Everest Group, Ltd. | 0% | — | 不變 |
| 25 | KHC | Kraft Heinz Co/the | 0% | -10.03% | 減碼 |
| 26 | CI | THE Cigna Group | -0.1% | -4.07% | 減碼 |
| 27 | ✓ | Vistaprint NV Cimpress | -0.1% | — | 不變 |
| 28 | LDOS | Leidos Holdings Inc | -0.1% | — | 不變 |
| 29 | BF-B | Brown-forman Corp-class B | -0.1% | — | 不變 |
| 30 | WYNN | Wynn Resorts LTD | -0.1% | -7.03% | 減碼 |
| 31 | CMCSA | Comcast Corp-class A | -0.1% | -3.51% | 減碼 |
| 32 | CSX | Csx CORP | -0.1% | +0.68% | 加碼 |
| 33 | CNI | Canadian Natl Railway Co | -0.1% | -0.62% | 減碼 |
| 34 | LOW | Lowe's Cos Inc | -0.1% | — | 不變 |
| 35 | ✓ | United Parcel Service Inc | -0.1% | -9.51% | 減碼 |
| 36 | MCD | Mcdonald's CORP | -0.1% | +1.87% | 加碼 |
| 37 | ✓ | -0.1% | EXIT | 清倉 | |
| 38 | RTX | Rtx CORP | -0.1% | -0.23% | 減碼 |
| 39 | DHR | Danaher CORP | -0.1% | — | 不變 |
| 40 | PEP | Pepsico Inc | -0.2% | +0.91% | 加碼 |
| 41 | ✓ | Medtronic | -0.2% | -2.42% | 減碼 |
| 42 | GD | General Dynamics CORP | -0.2% | +0.96% | 加碼 |
| 43 | IDXX | Idexx Laboratories Inc | -0.2% | -0.68% | 減碼 |
| 44 | KO | Coca-cola Co/the | -0.2% | -0.21% | 減碼 |
| 45 | JNJ | Johnson & Johnson | -0.2% | +0.12% | 加碼 |
| 46 | MHK | Mohawk Industries Inc | -0.3% | -0.23% | 減碼 |
| 47 | MTD | Mettler-toledo International | -0.3% | -0.27% | 減碼 |
| 48 | IPMLF | Imperial Metals CORP | -0.4% | +0.06% | 加碼 |
| 49 | BRK-B | Berkshire Hathaway Inc-cl B | -0.6% | +0.31% | 加碼 |
| 50 | BUD | Anheuser-busch Inbev-spn Adr | -0.7% | -89.94% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Citadel Investment Advisory, Inc. 在 Q4 2024 季度的美股持倉總市值約為 US$2.2億，共申報了 82 個公開持股部位。
在 Q4 2024 季度，Citadel Investment Advisory, Inc. 按市值排列的前三大核心持股分別為：BRK-B (25.8%)、MKL (14.3%)、GOOGL (4.9%)。其中最大持股部位 BRK-B 佔據整體投資組合約 25.8% 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
PNW
市值: US$21.8萬
本季最大獲利了結 / 清倉標的
前期市值: US$15.4萬
在 Q4 2024 季度中，Citadel Investment Advisory, Inc. 共進行了 39 項持倉異動，包含新建倉 2 個部位、加碼 11 個部位、減碼 25 個部位以及清倉 1 個部位。 其中最大新建倉標的為 PNW。 本季清倉部位包含 。
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。