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: 0001445893
申報總市值
US$3162.4億
US$3162.4億
60 檔
0.5%
Ctc LLC 在 Q4 2025 季度的美股部位總計估值為 US$3162.4億，分散於 60 個持倉標的之中，反映其市場參與廣度與投資規模。
數據顯示 Ctc LLC 於 Q4 2025 季度持續回收資金，對 31 個既有部位進行裁減並清倉 4 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 SPY, QQQ, GLD）累計市值佔比達 0.5%，是驅動 Ctc LLC 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 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 31.62% | -2.07% | -55.17% | |
| 2 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 15.97% | +2.17% | +3.62% | |
| 3 | GLD | Spdr Gold Shares | ETF-避險與商品 | 10.32% | -7.96% | +166.89% | |
| 4 | TSLA | Tesla Inc | 股票-循環性消費 | 6.48% | -1.32% | -60.85% | |
| 5 | HYG | Ishr Ibx Usd Hiyld Cb Etf-ui | ETF-非投資等級債 | 5.32% | -1.41% | -16.74% | |
| 6 | NVDA | Nvidia CORP | 股票-科技 | 5.03% | -0.64% | +144.75% | |
| 7 | SLV | Ishares Silver Trust | ETF-避險與商品 | 3.75% | -2.22% | +457.82% | |
| 8 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 3.71% | +0.04% | +92.99% | |
| 9 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 2.42% | -0.35% | -68.84% | |
| 10 | MSFT | Microsoft CORP | 股票-科技 | 2.13% | +0.49% | -80.78% | |
| 11 | AAPL | Apple Inc | 股票-科技 | 2.11% | +0.15% | +4.05% | |
| 12 | MSTR | Strategy Inc | 股票-科技 | 1.64% | -0.48% | +14.61% | |
| 13 | AMZN | Amazon.com Inc | 股票-循環性消費 | 1.52% | +0.13% | +2.29% | |
| 14 | AMD | Advanced Micro Devices | 股票-科技 | 1.38% | +1.83% | -85.70% | |
| 15 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 1.14% | -0.38% | -34.52% | |
| 16 | AVGO | Broadcom Inc | 股票-科技 | 1.04% | +0.03% | -48.02% | |
| 17 | NFLX | Netflix Inc | 股票-通訊服務 | 0.73% | -0.32% | +136.70% | |
| 18 | COIN | Coinbase Global Inc -class A | 股票-金融 | 0.64% | -0.33% | +4.31% | |
| 19 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 0.64% | +0.11% | +21.50% | |
| 20 | MU | Micron Technology Inc | 股票-科技 | 0.58% | +8.21% | +76.74% | |
| 21 | BABA | Alibaba Group Holding-sp Adr | 股票-循環性消費 | 0.42% | -0.13% | -61.48% | |
| 22 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 0.42% | -0.13% | +15.90% | |
| 23 | ORCL | Oracle CORP | 股票-科技 | 0.37% | -0.02% | +383.05% | |
| 24 | MELI | Mercadolibre Inc | 股票-循環性消費 | 0.11% | +0.02% | +57.71% | |
| 25 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.06% | +0.41% | -48.79% | |
| 26 | BA | Boeing Co/the | 股票-工業 | 0.06% | -0.01% | +31.03% | |
| 27 | CRM | Salesforce Inc | 股票-科技 | 0.05% | -0.01% | -23.63% | |
| 28 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.05% | +0.11% | +134.71% | |
| 29 | PYPL | Paypal Holdings Inc | 股票-金融 | 0.04% | — | +6778.07% | |
| 30 | SNOW | Snowflake Inc | 股票-科技 | 0.04% | -0.01% | -97.29% | |
| 31 | CVNA | Carvana Co | 股票-循環性消費 | 0.03% | -0.01% | EXIT | |
| 32 | C | Citigroup Inc | 股票-金融 | 0.03% | +0.06% | +450.76% | |
| 33 | MS | Morgan Stanley | 股票-金融 | 0.02% | -0.01% | -54.99% | |
| 34 | DIS | Walt Disney Co/the | 股票-通訊服務 | 0.02% | — | +705.55% | |
| 35 | XLE | Ss Energy Select Sector | ETF-其他 | 0.02% | +0.05% | +979.65% | |
| 36 | ADBE | Adobe Inc | 股票-科技 | 0.01% | — | -83.71% | |
| 37 | CMG | Chipotle Mexican Grill Inc | 股票-循環性消費 | 0.01% | — | -19.35% | |
| 38 | BAC | Bank Of America CORP | 股票-金融 | 0.01% | +0.05% | +579.15% | |
| 39 | SHOP | Shopify Inc - Class A | 股票-科技 | 0.01% | — | +75.41% | |
| 40 | CRWD | Crowdstrike Holdings Inc - A | 股票-科技 | 0.01% | — | -4.14% | |
| 41 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.01% | +0.18% | NEW | |
| 42 | SMCI | Super Micro Computer Inc | 股票-科技 | 0.01% | — | -79.30% | |
| 43 | FSLR | First Solar Inc | 股票-科技 | — | — | -85.48% | |
| 44 | CVX | Chevron CORP | 股票-能源 | — | — | -32.65% | |
| 45 | WFC | Wells Fargo & Co | 股票-金融 | — | +0.04% | NEW | |
| 46 | XOM | Exxon Mobil CORP | 股票-能源 | — | — | +227.14% | |
| 47 | QCOM | Qualcomm Inc | 股票-科技 | — | +0.19% | -97.98% | |
| 48 | WMT | Walmart Inc | 股票-非循環性消費 | — | — | +2156.24% | |
| 49 | ABNB | Airbnb Inc-class A | 股票-循環性消費 | — | — | -5.94% | |
| 50 | HD | Home Depot Inc | 股票-循環性消費 | — | — | -0.14% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | GLD | Spdr Gold Shares | +4.5% | +166.89% | 加碼 |
| 2 | SLV | Ishares Silver Trust | +2.6% | +457.82% | 加碼 |
| 3 | GOOG | Alphabet Inc-cl C | +1.1% | +92.99% | 加碼 |
| 4 | QQQ | Invesco Qqq Trust Series 1 | +0.5% | +3.62% | 加碼 |
| 5 | MU | Micron Technology Inc | +0.4% | +76.74% | 加碼 |
| 6 | ORCL | Oracle CORP | +0.3% | +383.05% | 加碼 |
| 7 | AMD | Advanced Micro Devices | +0.3% | -85.70% | 減碼 |
| 8 | TSM | Taiwan Semiconductor-sp Adr | +0.2% | +21.50% | 加碼 |
| 9 | AAPL | Apple Inc | +0.2% | +4.05% | 加碼 |
| 10 | META | Meta Platforms Inc-class A | +0.1% | -68.84% | 減碼 |
| 11 | AMZN | Amazon.com Inc | +0.1% | +2.29% | 加碼 |
| 12 | BKNG | Booking Holdings Inc | +0.1% | +15.90% | 加碼 |
| 13 | AVGO | Broadcom Inc | +0.1% | -48.02% | 減碼 |
| 14 | XLE | Ss Energy Select Sector | 0% | +979.65% | 加碼 |
| 15 | PYPL | Paypal Holdings Inc | 0% | +6778.07% | 加碼 |
| 16 | KRE | Ss Spdr S&p Regional Bank | — | -54.26% | 減碼 |
| 17 | QCOM | Qualcomm Inc | — | -97.98% | 減碼 |
| 18 | XOM | Exxon Mobil CORP | — | +227.14% | 加碼 |
| 19 | JD | Jd.com Inc-adr | — | -48.21% | 減碼 |
| 20 | COST | Costco Wholesale CORP | — | -15.43% | 減碼 |
| 21 | CRWD | Crowdstrike Holdings Inc - A | — | -4.14% | 減碼 |
| 22 | LLY | Eli Lilly & Co | — | -99.59% | 減碼 |
| 23 | UBER | Uber Technologies Inc | — | +20.81% | 加碼 |
| 24 | C | Citigroup Inc | — | +450.76% | 加碼 |
| 25 | UPST | Upstart Holdings Inc | — | -40.08% | 減碼 |
| 26 | TGT | Target CORP | — | -33.83% | 減碼 |
| 27 | FSLR | First Solar Inc | — | -85.48% | 減碼 |
| 28 | PDD | Pdd Holdings Inc | — | -33.33% | 減碼 |
| 29 | HD | Home Depot Inc | — | -0.14% | 減碼 |
| 30 | WMT | Walmart Inc | — | +2156.24% | 加碼 |
| 31 | ABNB | Airbnb Inc-class A | — | -5.94% | 減碼 |
| 32 | WFC | Wells Fargo & Co | — | -30.23% | 減碼 |
| 33 | OXY | Occidental Petroleum CORP | — | — | 不變 |
| 34 | XOP | Ss Spdr S&p Og Exp & Prod | — | — | 不變 |
| 35 | BIDU | Baidu Inc - Spon Adr | — | — | 不變 |
| 36 | DIS | Walt Disney Co/the | 0% | +705.55% | 加碼 |
| 37 | CRM | Salesforce Inc | 0% | -23.63% | 減碼 |
| 38 | SHOP | Shopify Inc - Class A | 0% | +75.41% | 加碼 |
| 39 | CMG | Chipotle Mexican Grill Inc | 0% | -19.35% | 減碼 |
| 40 | MELI | Mercadolibre Inc | 0% | +57.71% | 加碼 |
| 41 | CVX | Chevron CORP | 0% | -32.65% | 減碼 |
| 42 | MS | Morgan Stanley | 0% | -54.99% | 減碼 |
| 43 | BAC | Bank Of America CORP | 0% | +579.15% | 加碼 |
| 44 | ADBE | Adobe Inc | 0% | -83.71% | 減碼 |
| 45 | SMCI | Super Micro Computer Inc | 0% | -79.30% | 減碼 |
| 46 | JPM | Jpmorgan Chase & Co | 0% | +134.71% | 加碼 |
| 47 | CVNA | Carvana Co | 0% | -45.19% | 減碼 |
| 48 | GS | Goldman Sachs Group Inc | -0.1% | -48.79% | 減碼 |
| 49 | BA | Boeing Co/the | -0.1% | +31.03% | 加碼 |
| 50 | SNOW | Snowflake Inc | -0.1% | -97.29% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Ctc LLC 在 Q4 2025 季度的美股持倉總市值約為 US$3162.4億，共申報了 60 個公開持股部位。
在 Q4 2025 季度，Ctc LLC 按市值排列的前三大核心持股分別為：SPY (31.6%)、QQQ (16.0%)、GLD (10.3%)。其中最大持股部位 SPY 佔據整體投資組合約 31.6% 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。
本季最大獲利了結 / 清倉標的
IWM
前期市值: US$8210.2萬
在 Q4 2025 季度中，Ctc LLC 共進行了 61 項持倉異動，包含新建倉 0 個部位、加碼 26 個部位、減碼 31 個部位以及清倉 4 個部位。 本季清倉部位包含 IWM。
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。