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: 0001276144
申報總市值
US$12.3億
US$12.3億
106 檔
19.7%
截至 Q4 2025 季度末，Clough Capital Partners L P 的美股持倉估值約為 US$12.3億，全數申報部位共有 106 檔。
Q4 2025 的申報記錄反映 Clough Capital Partners L P 的板塊替換策略：機構本季推動了 66 筆增持與 59 筆減持，籌碼呈現明顯的結構重組。
整體而言，Clough Capital Partners L P 的前 5 大持股（包含 AMZN, GOOG, BA）貢獻了組合市值的 19.7%，形成該機構在 Q4 2025 季度的基本面基石。
| # | 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 | AMZN | Amazon.com Inc | 股票-循環性消費 | 5.06% | +0.35% | +11.98% | |
| 2 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 4.83% | -1.62% | +0.17% | |
| 3 | BA | Boeing Co/the | 股票-工業 | 4.18% | -0.27% | +16.17% | |
| 4 | CCL1EUR | Carnival CORP LTD | 股票-循環性消費 | 4.00% | -4.03% | EXIT | |
| 5 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 3.40% | -0.05% | -6.04% | |
| 6 | NVDA | Nvidia CORP | 股票-科技 | 3.35% | -0.04% | +4.69% | |
| 7 | AVGO | Broadcom Inc | 股票-科技 | 3.11% | +0.04% | +4.63% | |
| 8 | PHM | Pultegroup Inc | 股票-循環性消費 | 2.97% | -0.04% | +9.99% | |
| 9 | DHI | Dr Horton Inc | 股票-循環性消費 | 2.96% | +0.09% | +5.96% | |
| 10 | RKT | Rocket Cos Inc-class A | 股票-金融 | 2.95% | +0.45% | +1627.04% | |
| 11 | SCHW | Schwab (charles) CORP | 股票-金融 | 2.89% | -2.45% | EXIT | |
| 12 | RCL | Royal Caribbean Cruises Ltd. | 股票-循環性消費 | 2.83% | +0.04% | +73.21% | |
| 13 | AAPL | Apple Inc | 股票-科技 | 2.75% | -1.98% | +34.01% | |
| 14 | RTX | Rtx CORP | 股票-工業 | 2.25% | +0.24% | -6.80% | |
| 15 | EXE | Expand Energy CORP | 股票-能源 | 2.20% | -3.49% | -19.99% | |
| 16 | LVS | Las Vegas Sands CORP | 股票-循環性消費 | 2.09% | — | -17.19% | |
| 17 | HII | Huntington Ingalls Industrie | 股票-工業 | 2.02% | -0.63% | EXIT | |
| 18 | BABA | Alibaba Group Holding-sp Adr | 股票-循環性消費 | 1.92% | — | +26.23% | |
| 19 | MSFT | Microsoft CORP | 股票-科技 | 1.82% | +0.44% | -36.05% | |
| 20 | BAH | Booz Allen Hamilton Holdings | 股票-工業 | 1.71% | — | — | |
| 21 | RIG | Transocean Ltd. | 股票-能源 | 1.68% | -1.62% | +15.65% | |
| 22 | APH | Amphenol Corp-cl A | 股票-科技 | 1.65% | -0.47% | EXIT | |
| 23 | GD | General Dynamics CORP | 股票-工業 | 1.56% | -0.22% | -53.47% | |
| 24 | BWXT | Bwx Technologies Inc | 股票-工業 | 1.53% | -1.14% | +526.48% | |
| 25 | TXT | Textron Inc | 股票-工業 | 1.50% | — | — | |
| 26 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.49% | -0.08% | -1.31% | |
| 27 | UHS | Universal Health Services-b | 股票-醫療保健 | 1.48% | — | — | |
| 28 | GE | General Electric | 股票-工業 | 1.41% | +0.44% | — | |
| 29 | WYNN | Wynn Resorts LTD | 股票-循環性消費 | 1.38% | — | -6.06% | |
| 30 | DELL | Dell Technologies -c | 股票-科技 | 1.34% | -1.41% | EXIT | |
| 31 | TDY | Teledyne Technologies Inc | 股票-科技 | 1.30% | -0.10% | -47.69% | |
| 32 | BSX | Boston Scientific CORP | 股票-醫療保健 | 1.17% | -0.09% | EXIT | |
| 33 | ETN | Eaton Corporation plc | 股票-工業 | 1.14% | -0.54% | — | |
| 34 | ✓ | Fidelis Insurance Hldgs Ltd | 股票-其他 | 1.05% | +0.09% | — | |
| 35 | AR | Antero Resources CORP | 股票-能源 | 1.05% | -1.75% | — | |
| 36 | EHC | Encompass Health CORP | 股票-醫療保健 | 0.90% | — | — | |
| 37 | TXG | 10x Genomics Inc-class A | 股票-其他 | 0.88% | +1.72% | NEW | |
| 38 | LNG | Cheniere Energy Inc | 股票-能源 | 0.87% | -1.17% | +6.63% | |
| 39 | MELI | Mercadolibre Inc | 股票-循環性消費 | 0.87% | -0.38% | — | |
| 40 | EG | Everest Group, Ltd. | 股票-金融 | 0.84% | -0.06% | -30.83% | |
| 41 | MU | Micron Technology Inc | 股票-科技 | 0.82% | -0.27% | EXIT | |
| 42 | NOC | Northrop Grumman CORP | 股票-工業 | 0.78% | +0.68% | -35.56% | |
| 43 | C | Citigroup Inc | 股票-金融 | 0.76% | +0.02% | -22.10% | |
| 44 | MLCO | Melco Resorts & Entert-adr | 股票-其他 | 0.75% | — | +17.62% | |
| 45 | ACLXGBX | Arcellx Inc | 股票-其他 | 0.75% | — | — | |
| 46 | PANW | Palo Alto Networks Inc | 股票-科技 | 0.64% | -0.86% | EXIT | |
| 47 | TEL | TE Connectivity plc | 股票-科技 | 0.56% | — | +61.11% | |
| 48 | DUK | Duke Energy CORP | 股票-公用事業 | 0.56% | -0.64% | — | |
| 49 | BKD | Brookdale Senior Living Inc | 股票-其他 | 0.51% | +0.69% | -11.27% | |
| 50 | PFSI | Pennymac Financial Services | 股票-其他 | 0.48% | -0.11% | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | RKT | Rocket Cos Inc-class A | +2.8% | +1627.04% | 加碼 |
| 2 | BWXT | Bwx Technologies Inc | +1.3% | +526.48% | 加碼 |
| 3 | GOOG | Alphabet Inc-cl C | +1.1% | +0.17% | 加碼 |
| 4 | RCL | Royal Caribbean Cruises Ltd. | +1% | +73.21% | 加碼 |
| 5 | AAPL | Apple Inc | +0.9% | +34.01% | 加碼 |
| 6 | AMZN | Amazon.com Inc | +0.8% | +11.98% | 加碼 |
| 7 | BA | Boeing Co/the | +0.7% | +16.17% | 加碼 |
| 8 | RIG | Transocean Ltd. | +0.6% | +15.65% | 加碼 |
| 9 | HII | Huntington Ingalls Industrie | +0.4% | +2.61% | 加碼 |
| 10 | MU | Micron Technology Inc | +0.4% | +4.26% | 加碼 |
| 11 | AVGO | Broadcom Inc | +0.3% | +4.63% | 加碼 |
| 12 | APH | Amphenol Corp-cl A | +0.3% | +11.07% | 加碼 |
| 13 | CCL1EUR | Carnival CORP LTD | +0.3% | +1.14% | 加碼 |
| 14 | RDDT | Reddit Inc-cl A | +0.3% | +382.89% | 加碼 |
| 15 | SCHW | Schwab (charles) CORP | +0.3% | +4.05% | 加碼 |
| 16 | TEL | TE Connectivity plc | +0.2% | +61.11% | 加碼 |
| 17 | NVDA | Nvidia CORP | +0.2% | +4.69% | 加碼 |
| 18 | VALE | Vale Sa-sp Adr | +0.1% | +192.94% | 加碼 |
| 19 | KGC | Kinross Gold CORP | +0.1% | +109.59% | 加碼 |
| 20 | NU | Nu Holdings Ltd. | +0.1% | +130.58% | 加碼 |
| 21 | SPOT | Spotify Technology S.A. | +0.1% | +148.02% | 加碼 |
| 22 | ✓ | Fidelis Insurance Hldgs Ltd | +0.1% | — | 不變 |
| 23 | BABA | Alibaba Group Holding-sp Adr | +0.1% | +26.23% | 加碼 |
| 24 | RTX | Rtx CORP | +0.1% | -6.80% | 減碼 |
| 25 | PWR | Quanta Services Inc | +0.1% | +60.46% | 加碼 |
| 26 | BKD | Brookdale Senior Living Inc | +0.1% | -11.27% | 減碼 |
| 27 | AER | AerCap Holdings N.V. | +0.1% | — | 不變 |
| 28 | GE | General Electric | +0.1% | — | 不變 |
| 29 | SITM | Sitime CORP | +0.1% | +33.16% | 加碼 |
| 30 | RH | Rh | +0.1% | +55.06% | 加碼 |
| 31 | SCI | Service CORP International | 0% | +26.97% | 加碼 |
| 32 | JPM | Jpmorgan Chase & Co | 0% | -1.31% | 減碼 |
| 33 | LVS | Las Vegas Sands CORP | 0% | -17.19% | 減碼 |
| 34 | ROL | Rollins Inc | 0% | +22.11% | 加碼 |
| 35 | MS | Morgan Stanley | 0% | — | 不變 |
| 36 | TSM | Taiwan Semiconductor-sp Adr | 0% | +0.72% | 加碼 |
| 37 | WTTR | Select Water Solutions Inc | 0% | +11.38% | 加碼 |
| 38 | BAC | Bank Of America CORP | 0% | — | 不變 |
| 39 | GILD | Gilead Sciences Inc | 0% | — | 不變 |
| 40 | XOM | Exxon Mobil CORP | 0% | — | 不變 |
| 41 | PL | Planet Labs Pbc | 0% | -30.65% | 減碼 |
| 42 | BKNG | Booking Holdings Inc | — | — | 不變 |
| 43 | SEI | Solaris Energy Infrastructur | — | -14.57% | 減碼 |
| 44 | SPG | Simon Property Group Inc | — | — | 不變 |
| 45 | NEM | Newmont CORP | 0% | -21.73% | 減碼 |
| 46 | DUK | Duke Energy CORP | 0% | — | 不變 |
| 47 | CRSP | CRISPR Therapeutics AG | 0% | — | 不變 |
| 48 | MLCO | Melco Resorts & Entert-adr | 0% | +17.62% | 加碼 |
| 49 | PHM | Pultegroup Inc | 0% | +9.99% | 加碼 |
| 50 | MOS | Mosaic Co/the | 0% | — | 不變 |
根據 SEC 官方 Form 13F 申報備案，Clough Capital Partners L P 在 Q4 2025 季度的美股持倉總市值約為 US$12.3億，共申報了 106 個公開持股部位。
在 Q4 2025 季度，Clough Capital Partners L P 按市值排列的前三大核心持股分別為：AMZN (5.1%)、GOOG (4.8%)、BA (4.2%)。其中最大持股部位 AMZN 佔據整體投資組合約 5.1% 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
BAH
市值: US$1928.3萬
本季最大獲利了結 / 清倉標的
IBN
前期市值: US$2776.4萬
在 Q4 2025 季度中，Clough Capital Partners L P 共進行了 125 項持倉異動，包含新建倉 33 個部位、加碼 33 個部位、減碼 25 個部位以及清倉 34 個部位。 其中最大新建倉標的為 BAH。 本季清倉部位包含 IBN。
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。