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: 0001596800
申報總市值
US$527.9億
US$527.9億
1486 檔
8.2%
根據最新整理的 13F 季度數據集，Connor, Clark & Lunn Investment Management Ltd. 於 Q2 2025 結束時的管理資產規模為 US$527.9億。該機構在本季度申報了 1486 檔美股持倉，呈現出該時期的主要投資地圖。
觀察 Q2 2025 的申報異動，Connor, Clark & Lunn Investment Management Ltd. 採取了強勁的買進策略，建倉與加碼動作（合計 135 筆）涵蓋多個核心板塊，展現機構對特定產業前景之樂觀態度。
整體而言，Connor, Clark & Lunn Investment Management Ltd. 的前 5 大持股（包含 RY, AEM, SHOP）貢獻了組合市值的 8.2%，形成該機構在 Q2 2025 季度的基本面基石。
本季最大新建倉標的
EEMS
市值: US$4990.6萬
本季最大獲利了結 / 清倉標的
ABX
前期市值: US$5378.0萬
僅顯示前 200 大持股（共 1486 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 | RY | Royal Bank Of Canada | 股票-金融 | 5.02% | +0.24% | -5.44% | |
| 2 | AEM | Agnico Eagle Mines LTD | 股票-原物料 | 2.67% | -0.93% | -5.54% | |
| 3 | SHOP | Shopify Inc - Class A | 股票-科技 | 2.59% | -0.47% | -3.44% | |
| 4 | TD | Toronto-dominion Bank | 股票-金融 | 2.54% | +0.44% | +1.33% | |
| 5 | CM | Can Imperial Bk Of Commerce | 股票-金融 | 2.34% | -0.25% | -0.39% | |
| 6 | NVDA | Nvidia CORP | 股票-科技 | 1.98% | +0.15% | +39.39% | |
| 7 | PBUS | Invesco Msci USA ETF | ETF-其他 | 1.97% | -0.09% | +99.21% | |
| 8 | CNI | Canadian Natl Railway Co | 股票-工業 | 1.55% | +0.19% | +31.87% | |
| 9 | TRP | Tc Energy CORP | 股票-能源 | 1.52% | -0.03% | -5.94% | |
| 10 | TRI4EUR | Thomson Reuters CORP | 股票-其他 | 1.52% | -0.05% | EXIT | |
| 11 | MSFT | Microsoft CORP | 股票-科技 | 1.50% | -0.05% | +21.37% | |
| 12 | ENB | Enbridge Inc | 股票-能源 | 1.40% | -0.06% | -23.44% | |
| 13 | MFC | Manulife Financial CORP | 股票-金融 | 1.35% | -0.05% | +4.96% | |
| 14 | WCN | Waste Connections Inc | 股票-工業 | 1.34% | +0.16% | -15.91% | |
| 15 | SU | Suncor Energy Inc | 股票-能源 | 1.24% | -0.66% | -4.79% | |
| 16 | CP | Canadian Pacific Kansas City | 股票-工業 | 1.21% | +0.24% | +18.91% | |
| 17 | BNS | Bank Of Nova Scotia | 股票-金融 | 1.15% | -0.42% | -6.38% | |
| 18 | SLF | Sun Life Financial Inc | 股票-金融 | 1.12% | -0.01% | -3.86% | |
| 19 | BN | Brookfield CORP | 股票-金融 | 1.05% | -0.07% | -11.42% | |
| 20 | AAPL | Apple Inc | 股票-科技 | 1.03% | +0.24% | +30.38% | |
| 21 | CNQ | Canadian Natural Resources | 股票-能源 | 0.96% | -0.41% | -19.63% | |
| 22 | CLS | Celestica Inc | 股票-科技 | 0.95% | +0.20% | +17.60% | |
| 23 | FNV | Franco-nevada CORP | 股票-原物料 | 0.87% | +0.16% | -11.42% | |
| 24 | CCJ | Cameco CORP | 股票-能源 | 0.85% | -0.35% | +26.30% | |
| 25 | WPM | Wheaton Precious Metals CORP | 股票-原物料 | 0.82% | — | +5.31% | |
| 26 | BMO | Bank Of Montreal | 股票-金融 | 0.77% | +0.63% | +2.24% | |
| 27 | STN | Stantec Inc | 股票-其他 | 0.73% | -0.10% | -9.12% | |
| 28 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.72% | — | +54.70% | |
| 29 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.72% | -0.08% | +73.73% | |
| 30 | FTS | Fortis Inc | 股票-公用事業 | 0.70% | -0.03% | -15.50% | |
| 31 | KGC | Kinross Gold CORP | 股票-原物料 | 0.66% | -0.25% | -7.33% | |
| 32 | AMZN | Amazon.com Inc | 股票-循環性消費 | 0.63% | +0.18% | -10.84% | |
| 33 | IMO | Imperial Oil LTD | 股票-能源 | 0.58% | -0.13% | +18.37% | |
| 34 | DSGX | Descartes Systems Grp/the | 股票-科技 | 0.55% | -0.09% | -9.96% | |
| 35 | PBA | Pembina Pipeline CORP | 股票-能源 | 0.53% | -0.02% | -11.90% | |
| 36 | NFLX | Netflix Inc | 股票-通訊服務 | 0.52% | -0.13% | +99.13% | |
| 37 | LOW | Lowe's Cos Inc | 股票-循環性消費 | 0.47% | +0.01% | +29.86% | |
| 38 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.44% | +0.11% | +16.62% | |
| 39 | BAM | Brookfield Asset Mgmt-a | 股票-金融 | 0.44% | -0.02% | +3.42% | |
| 40 | RBA | Rb Global Inc | 股票-工業 | 0.44% | +0.04% | -14.91% | |
| 41 | DASH | Doordash Inc - A | 股票-循環性消費 | 0.44% | — | +55.42% | |
| 42 | PAAS | Pan American Silver CORP | 股票-原物料 | 0.44% | -0.14% | -2.21% | |
| 43 | SLB | Slb LTD | 股票-能源 | 0.40% | +0.09% | +77.24% | |
| 44 | MRVL | Marvell Technology Inc | 股票-科技 | 0.40% | +0.12% | NEW | |
| 45 | GIB | Cgi Inc | 股票-科技 | 0.39% | -0.05% | EXIT | |
| 46 | INFY | Infosys Ltd-sp Adr | 股票-科技 | 0.39% | -0.10% | -15.26% | |
| 47 | V | Visa Inc-class A Shares | 股票-金融 | 0.38% | +0.08% | +193.04% | |
| 48 | CAT | Caterpillar Inc | 股票-工業 | 0.37% | -0.12% | +5.95% | |
| 49 | HDB | Hdfc Bank Ltd-adr | 股票-金融 | 0.37% | +0.08% | +3.53% | |
| 50 | INTC | Intel CORP | 股票-科技 | 0.37% | +0.12% | +54.17% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | PBUS | Invesco Msci USA ETF | +0.9% | +99.21% | 加碼 |
| 2 | NVDA | Nvidia CORP | +0.8% | +39.39% | 加碼 |
| 3 | CLS | Celestica Inc | +0.4% | +17.60% | 加碼 |
| 4 | CCJ | Cameco CORP | +0.4% | +26.30% | 加碼 |
| 5 | MSFT | Microsoft CORP | +0.4% | +21.37% | 加碼 |
| 6 | META | Meta Platforms Inc-class A | +0.3% | +73.73% | 加碼 |
| 7 | NFLX | Netflix Inc | +0.3% | +99.13% | 加碼 |
| 8 | VRTX | Vertex Pharmaceuticals Inc | +0.3% | +1251.18% | 加碼 |
| 9 | V | Visa Inc-class A Shares | +0.2% | +193.04% | 加碼 |
| 10 | CVNA | Carvana Co | +0.2% | +3691.78% | 加碼 |
| 11 | GOOG | Alphabet Inc-cl C | +0.2% | +54.70% | 加碼 |
| 12 | CNI | Canadian Natl Railway Co | +0.2% | +31.87% | 加碼 |
| 13 | CPRT | Copart Inc | +0.2% | +2468.16% | 加碼 |
| 14 | DASH | Doordash Inc - A | +0.2% | +55.42% | 加碼 |
| 15 | EEMS | Ishares Msci Emerging Mkt Sm | +0.2% | NEW | 新建倉 |
| 16 | BRK-B | Berkshire Hathaway Inc-cl B | +0.2% | +308.97% | 加碼 |
| 17 | MS | Morgan Stanley | +0.2% | +112.97% | 加碼 |
| 18 | TECK | Teck Resources Ltd-cls B | +0.2% | +168.91% | 加碼 |
| 19 | OR | Or Royalties Inc | +0.2% | NEW | 新建倉 |
| 20 | STZ | Constellation Brands Inc-a | +0.2% | +5058.00% | 加碼 |
| 21 | VOO | Vanguard S&P 500 ETF | +0.2% | +972.86% | 加碼 |
| 22 | EMA | Emera Inc | +0.2% | NEW | 新建倉 |
| 23 | MGA | Magna International Inc | +0.2% | +1121.56% | 加碼 |
| 24 | KR | Kroger Co | +0.2% | +5635.78% | 加碼 |
| 25 | MA | Mastercard Inc - A | +0.1% | +137.42% | 加碼 |
| 26 | NTAP | Netapp Inc | +0.1% | +88.00% | 加碼 |
| 27 | TFII | Tfi International Inc | +0.1% | NEW | 新建倉 |
| 28 | RBLX | Roblox CORP -class A | +0.1% | +13.44% | 加碼 |
| 29 | TGT | Target CORP | +0.1% | +308.84% | 加碼 |
| 30 | BAC | Bank Of America CORP | +0.1% | +226.48% | 加碼 |
| 31 | MDB | Mongodb Inc | +0.1% | +2721.76% | 加碼 |
| 32 | ORCL | Oracle CORP | +0.1% | +207.36% | 加碼 |
| 33 | RKLB | Rocket Lab CORP | +0.1% | NEW | 新建倉 |
| 34 | CRM | Salesforce Inc | +0.1% | NEW | 新建倉 |
| 35 | AXP | American Express Co | +0.1% | +106.37% | 加碼 |
| 36 | VRT | Vertiv Holdings Co-a | +0.1% | +19.67% | 加碼 |
| 37 | PLTR | Palantir Technologies Inc-a | +0.1% | +87.94% | 加碼 |
| 38 | CP | Canadian Pacific Kansas City | +0.1% | +18.91% | 加碼 |
| 39 | AXON | Axon Enterprise Inc | +0.1% | +9.98% | 加碼 |
| 40 | DIS | Walt Disney Co/the | +0.1% | +101.25% | 加碼 |
| 41 | CEG | Constellation Energy | +0.1% | +106.57% | 加碼 |
| 42 | NOW | Servicenow Inc | +0.1% | +239.20% | 加碼 |
| 43 | ZTS | Zoetis Inc | +0.1% | NEW | 新建倉 |
| 44 | TEAM | Atlassian Corp-cl A | +0.1% | +3105.60% | 加碼 |
| 45 | TSLA | Tesla Inc | +0.1% | +47.37% | 加碼 |
| 46 | MET | Metlife Inc | +0.1% | +225.90% | 加碼 |
| 47 | DOW | Dow Inc | +0.1% | NEW | 新建倉 |
| 48 | ASML | ASML Holding N.V. | +0.1% | +960.23% | 加碼 |
| 49 | SII | Sprott Inc | +0.1% | +5047.22% | 加碼 |
| 50 | B | Barrick Mining CORP | +0.1% | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Connor, Clark & Lunn Investment Management Ltd. 在 Q2 2025 季度的美股持倉總市值約為 US$527.9億，共申報了 1486 個公開持股部位。
在 Q2 2025 季度，Connor, Clark & Lunn Investment Management Ltd. 按市值排列的前三大核心持股分別為：RY (5.0%)、AEM (2.7%)、SHOP (2.6%)。其中最大持股部位 RY 佔據整體投資組合約 5.0% 的權重。
在 Q2 2025 季度中，Connor, Clark & Lunn Investment Management Ltd. 共進行了 200 項持倉異動，包含新建倉 16 個部位、加碼 119 個部位、減碼 57 個部位以及清倉 8 個部位。 其中最大新建倉標的為 EEMS。 本季清倉部位包含 ABX。
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。
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。
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。