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: 0001846532
申報總市值
US$12.4億
US$12.4億
420 檔
11.2%
在 Q2 2025 的 13F 官方備案中，Continuum Advisory, LLC 管理的美股投資組合規模來到 US$12.4億，整體持股檔數為 420 檔。
Continuum Advisory, LLC 於 Q2 2025 展現出進攻型調倉步調，本季推動了 2 檔股票的新建倉與 36 檔既有部位加碼，整體資金傾向擴大在美股市場的曝險佈局。
從部位權重觀察，前 5 大標的（包含 CGDV, AAPL, JCPB）累計市值佔比達 11.2%，是驅動 Continuum Advisory, LLC 該季度整體投資組合績效表現的核心支柱。
僅顯示前 200 大持股（共 420 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 | CGDV | Cap Group Dividend Value | ETF-其他 | 4.48% | -0.18% | +3.81% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 3.45% | -0.17% | +5.61% | |
| 3 | JCPB | Jpmorgan Core Plus Bond ETF | ETF-其他 | 3.15% | -0.43% | +12.92% | |
| 4 | VTI | Vanguard Total Stock Mkt ETF | ETF-其他 | 2.81% | +0.01% | +5.98% | |
| 5 | MSFT | Microsoft CORP | 股票-科技 | 2.72% | -0.25% | +4.95% | |
| 6 | PYLD | Pimco Multisector Bond Actv | ETF-其他 | 2.47% | -0.31% | +25.93% | |
| 7 | CGCB | Cap Group Core Bond | ETF-其他 | 2.35% | -0.40% | +11.84% | |
| 8 | VXF | Vanguard Extended Market ETF | ETF-其他 | 2.35% | +0.05% | +4.73% | |
| 9 | AMZN | Amazon.com Inc | 股票-循環性消費 | 1.87% | -0.01% | +2.87% | |
| 10 | NVDA | Nvidia CORP | 股票-科技 | 1.83% | +0.02% | +5.96% | |
| 11 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 1.75% | +0.04% | -15.46% | |
| 12 | BND | Vanguard Total Bond Market | ETF-其他 | 1.58% | -0.08% | -13.66% | |
| 13 | QUS | Ss Spdr Msci U Stratfact ETF | ETF-其他 | 1.53% | -0.08% | +1.09% | |
| 14 | OEF | Ishares S&p 100 ETF | ETF-其他 | 1.37% | -0.07% | +8.95% | |
| 15 | VV | Vanguard Large-cap ETF | ETF-其他 | 1.27% | -0.10% | -0.41% | |
| 16 | VOO | Vanguard S&p 500 ETF | ETF-大型股與成長 | 1.23% | +0.14% | +35.22% | |
| 17 | SPYM | Ste Str Spdr Pt S&p 500 ETF | ETF-大型股與成長 | 1.13% | -0.02% | +0.84% | |
| 18 | IEFA | Ishares Core Msci Eafe ETF | ETF-其他 | 1.05% | -0.06% | +1.71% | |
| 19 | IVV | Ishares Core S&p 500 ETF | ETF-大型股與成長 | 1.01% | +0.01% | -8.29% | |
| 20 | SCHD | Schwab US Dvd Equity ETF | ETF-其他 | 0.88% | — | +3.39% | |
| 21 | BIV | Vanguard Intermediate-term B | ETF-其他 | 0.85% | -0.06% | +0.80% | |
| 22 | SPDW | Ste Str Spdr Pt Dw EU ETF | ETF-其他 | 0.81% | -0.04% | -1.20% | |
| 23 | WMT | Walmart Inc | 股票-非循環性消費 | 0.76% | -0.84% | -0.04% | |
| 24 | ORCL | Oracle CORP | 股票-科技 | 0.74% | -0.02% | +16.81% | |
| 25 | VO | Vanguard Mid-cap ETF | ETF-其他 | 0.74% | -0.02% | +0.33% | |
| 26 | VB | Vanguard Small-cap ETF | ETF-其他 | 0.73% | -0.02% | +2.50% | |
| 27 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.73% | -0.20% | +23.67% | |
| 28 | TIPX | Ss Spdr Bb 1-10yr Tips ETF | ETF-其他 | 0.71% | -0.09% | +7.59% | |
| 29 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 0.67% | +0.10% | +0.75% | |
| 30 | CRM | Salesforce Inc | 股票-科技 | 0.66% | -0.10% | +423.64% | |
| 31 | JEPI | Jpmorgan Equity Premium Inco | ETF-其他 | 0.65% | -0.17% | -0.49% | |
| 32 | BIL | Ss Spdr Bb 1-3m T-bill ETF | ETF-政府公債 | 0.63% | -0.09% | +95.58% | |
| 33 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.63% | -0.06% | +5.09% | |
| 34 | ULTA | Ulta Beauty Inc | 股票-循環性消費 | 0.59% | -0.58% | EXIT | |
| 35 | IAGG | Ishares Intl Aggregate Bond | ETF-其他 | 0.58% | -0.06% | +5.09% | |
| 36 | NEM | Newmont CORP | 股票-原物料 | 0.58% | -0.86% | +5972.06% | |
| 37 | CMCSA | Comcast Corp-class A | 股票-通訊服務 | 0.58% | +0.01% | +476.35% | |
| 38 | VONG | Vanguard Russell 1000 Growth | ETF-其他 | 0.57% | -0.02% | +5.96% | |
| 39 | CVS | Cvs Health CORP | 股票-醫療保健 | 0.57% | -0.55% | +78645.98% | |
| 40 | INCY | Incyte CORP | 股票-醫療保健 | 0.56% | — | NEW | |
| 41 | CGGR | Cap Group Growth Equity | ETF-其他 | 0.56% | +0.01% | +39.99% | |
| 42 | NBIX | Neurocrine Biosciences Inc | 股票-醫療保健 | 0.55% | -0.55% | +135407.41% | |
| 43 | VTV | Vanguard Value ETF | ETF-其他 | 0.55% | -0.01% | +8.41% | |
| 44 | EG | Everest Group, Ltd. | 股票-金融 | 0.55% | -0.55% | +28.30% | |
| 45 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.55% | -0.05% | -1.22% | |
| 46 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 0.52% | +0.01% | +1.52% | |
| 47 | JPIE | Jpmorgan Income ETF | ETF-其他 | 0.51% | -0.07% | +18.88% | |
| 48 | SPEM | State Street Sp Ptf Em ETF | ETF-其他 | 0.50% | -0.02% | +5.81% | |
| 49 | CGUS | Cap Group Core Equity | ETF-其他 | 0.50% | -0.02% | -6.75% | |
| 50 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.49% | -0.04% | +5.12% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | MSFT | Microsoft CORP | +0.6% | +4.95% | 加碼 |
| 2 | ULTA | Ulta Beauty Inc | +0.6% | NEW | 新建倉 |
| 3 | NEM | Newmont CORP | +0.6% | +5972.06% | 加碼 |
| 4 | CVS | Cvs Health CORP | +0.6% | +78645.98% | 加碼 |
| 5 | NVDA | Nvidia CORP | +0.6% | +5.96% | 加碼 |
| 6 | NBIX | Neurocrine Biosciences Inc | +0.6% | +135407.41% | 加碼 |
| 7 | CRM | Salesforce Inc | +0.5% | +423.64% | 加碼 |
| 8 | CMCSA | Comcast Corp-class A | +0.5% | +476.35% | 加碼 |
| 9 | CI | THE Cigna Group | +0.5% | +3480.84% | 加碼 |
| 10 | PYLD | Pimco Multisector Bond Actv | +0.4% | +25.93% | 加碼 |
| 11 | VOOG | Vanguard S&p 500 Growth ETF | +0.4% | +4838.27% | 加碼 |
| 12 | VOO | Vanguard S&p 500 ETF | +0.4% | +35.22% | 加碼 |
| 13 | CGDV | Cap Group Dividend Value | +0.3% | +3.81% | 加碼 |
| 14 | ORCL | Oracle CORP | +0.3% | +16.81% | 加碼 |
| 15 | BIL | Ss Spdr Bb 1-3m T-bill ETF | +0.3% | +95.58% | 加碼 |
| 16 | VTI | Vanguard Total Stock Mkt ETF | +0.3% | +5.98% | 加碼 |
| 17 | VXF | Vanguard Extended Market ETF | +0.2% | +4.73% | 加碼 |
| 18 | CGGR | Cap Group Growth Equity | +0.2% | +39.99% | 加碼 |
| 19 | IREN | IREN Limited | +0.2% | +1320.90% | 加碼 |
| 20 | AMZN | Amazon.com Inc | +0.2% | +2.87% | 加碼 |
| 21 | OEF | Ishares S&p 100 ETF | +0.2% | +8.95% | 加碼 |
| 22 | AVGO | Broadcom Inc | +0.2% | +8.74% | 加碼 |
| 23 | FCX | Freeport-mcmoran Inc | +0.2% | +2257.96% | 加碼 |
| 24 | JCPB | Jpmorgan Core Plus Bond ETF | +0.2% | +12.92% | 加碼 |
| 25 | CCJ | Cameco CORP | +0.2% | -3.15% | 減碼 |
| 26 | NOW | Servicenow Inc | +0.2% | +838.06% | 加碼 |
| 27 | SCHV | Schwab US Large-cap Value | +0.1% | +1801.22% | 加碼 |
| 28 | COST | Costco Wholesale CORP | +0.1% | +23.67% | 加碼 |
| 29 | TEM | Tempus Ai Inc-cl A | +0.1% | +2056.38% | 加碼 |
| 30 | LMBS | First Trust Low Duration Opp | +0.1% | +40.74% | 加碼 |
| 31 | XSVN | Bondbloxx Bbg 7 Yr US Treas | +0.1% | NEW | 新建倉 |
| 32 | OKE | Oneok Inc | +0.1% | +877.35% | 加碼 |
| 33 | ISRG | Intuitive Surgical Inc | +0.1% | +419.86% | 加碼 |
| 34 | SPTS | Ss Spdr P St Term Tsy ETF | +0.1% | +9013.03% | 加碼 |
| 35 | CGCB | Cap Group Core Bond | +0.1% | +11.84% | 加碼 |
| 36 | SPYG | Ss Spdr P S&p 500 Growth ETF | +0.1% | +13.79% | 加碼 |
| 37 | META | Meta Platforms Inc-class A | +0.1% | +5.12% | 加碼 |
| 38 | JPM | Jpmorgan Chase & Co | +0.1% | +5.09% | 加碼 |
| 39 | SPYM | Ste Str Spdr Pt S&p 500 ETF | +0.1% | +0.84% | 加碼 |
| 40 | VV | Vanguard Large-cap ETF | 0% | -0.41% | 減碼 |
| 41 | BND | Vanguard Total Bond Market | -0.4% | -13.66% | 減碼 |
| 42 | IHI | Ishares U.s. Medical Devices | -0.4% | EXIT | 清倉 |
| 43 | CF | Cf Industries Holdings Inc | -0.5% | EXIT | 清倉 |
| 44 | MOH | Molina Healthcare Inc | -0.5% | EXIT | 清倉 |
| 45 | FANG | Diamondback Energy Inc | -0.5% | EXIT | 清倉 |
| 46 | PGR | Progressive CORP | -0.5% | -82.87% | 減碼 |
| 47 | CTSH | Cognizant Tech Solutions-a | -0.5% | EXIT | 清倉 |
| 48 | HIG | Hartford Insurance Group Inc | -0.6% | EXIT | 清倉 |
| 49 | XOM | Exxon Mobil CORP | -0.6% | -59.42% | 減碼 |
| 50 | BRK-A | Berkshire Hathaway Inc-cl A | -0.8% | -88.89% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Continuum Advisory, LLC 在 Q2 2025 季度的美股持倉總市值約為 US$12.4億，共申報了 420 個公開持股部位。
在 Q2 2025 季度，Continuum Advisory, LLC 按市值排列的前三大核心持股分別為：CGDV (4.5%)、AAPL (3.5%)、JCPB (3.1%)。其中最大持股部位 CGDV 佔據整體投資組合約 4.5% 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
ULTA
市值: US$487.9萬
本季最大獲利了結 / 清倉標的
HIG
前期市值: US$463.3萬
在 Q2 2025 季度中，Continuum Advisory, LLC 共進行了 50 項持倉異動，包含新建倉 2 個部位、加碼 36 個部位、減碼 6 個部位以及清倉 6 個部位。 其中最大新建倉標的為 ULTA。 本季清倉部位包含 HIG。
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。