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: 0001353098
申報總市值
US$3.9億
US$3.9億
117 檔
13.2%
根據最新整理的 13F 季度數據集，Cutler Capital Management, LLC 於 Q4 2024 結束時的管理資產規模為 US$3.9億。該機構在本季度申報了 117 檔美股持倉，呈現出該時期的主要投資地圖。
Cutler Capital Management, LLC 在 Q4 2024 進行了結構性的板塊輪動與部位換股。在開立 12 個全新部位及加碼 30 檔持股的同時，亦同步清倉 6 檔並減碼 43 檔標的。
檢視投資組合結構，前 5 大主力部位（包含 MET, AEM, TSBK）占據了總市值的 13.2%，展現出該機構在 Q4 2024 的重點資金聚焦與風險分佈特徵。
| # | 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 | MET | Metlife Inc | 股票-金融 | 4.73% | +0.41% | -0.36% | |
| 2 | AEM | Agnico Eagle Mines LTD | 股票-原物料 | 3.85% | -1.82% | -4.44% | |
| 3 | TSBK | Timberland Bancorp Inc | 股票-其他 | 3.18% | +0.22% | -0.39% | |
| 4 | ET | Energy Transfer LP | 股票-能源 | 3.01% | -0.25% | -3.20% | |
| 5 | ✓ | 股票-其他 | 2.91% | — | — | ||
| 6 | EXSR | Exchange Bank Santa Rosa Cal | 股票-其他 | 2.87% | +0.23% | -0.26% | |
| 7 | SBFG | Sb Financial Group Inc | 股票-其他 | 2.86% | +0.33% | -1.65% | |
| 8 | FBIZ | First Business Financial Ser | 股票-其他 | 2.47% | +0.28% | -0.20% | |
| 9 | SHEL | Shell Plc-adr | 股票-能源 | 2.42% | -0.58% | +0.81% | |
| 10 | ✓ | 股票-其他 | 2.34% | — | -0.31% | ||
| 11 | PFE | Pfizer Inc | 股票-醫療保健 | 2.28% | -0.36% | +1.71% | |
| 12 | BG | Bunge Global SA | 股票-非循環性消費 | 2.23% | -0.57% | +0.70% | |
| 13 | PKBK | Parke Bancorp Inc | 股票-其他 | 2.21% | +0.27% | -0.19% | |
| 14 | FENY | Fidelity Msci Energy Index | ETF-大型股與成長 | 2.19% | -0.41% | +0.92% | |
| 15 | ✓ | 股票-其他 | 2.04% | — | +22.72% | ||
| 16 | VTRS | Viatris Inc | 股票-醫療保健 | 2.02% | +0.18% | -1.35% | |
| 17 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 2.01% | -0.06% | -5.65% | |
| 18 | ✓ | 股票-其他 | 1.92% | — | — | ||
| 19 | LFGP | Ledyard Financial Group Inc | 股票-其他 | 1.75% | +0.04% | -0.27% | |
| 20 | VICI | Vici Properties Inc | 股票-房地產 | 1.67% | -0.11% | +5.63% | |
| 21 | FXNC | First National Corp/va | 股票-其他 | 1.62% | +0.10% | — | |
| 22 | BMBN | Benchmark Bankshares Inc | 股票-其他 | 1.49% | +0.23% | +1.46% | |
| 23 | WY | Weyerhaeuser Co | 股票-房地產 | 1.49% | +0.03% | +1.16% | |
| 24 | ✓ | 股票-其他 | 1.45% | — | -0.78% | ||
| 25 | APLE | Apple Hospitality Reit Inc | 股票-房地產 | 1.44% | +0.37% | +10.82% | |
| 26 | ✓ | 股票-其他 | 1.29% | — | -5.74% | ||
| 27 | CNH | CNH Industrial N.V. | 股票-工業 | 1.28% | -0.01% | +3.28% | |
| 28 | SFL | SFL Corporation Ltd. | 股票-其他 | 1.24% | -0.12% | +11.91% | |
| 29 | CTO | Cto Realty Growth Inc | 股票-其他 | 1.23% | +0.34% | +2.04% | |
| 30 | GMREUSD | Global Medical Reit Inc | 股票-其他 | 1.21% | — | +0.31% | |
| 31 | VZ | Verizon Communications Inc | 股票-通訊服務 | 1.21% | -0.32% | +22.22% | |
| 32 | BORT | Bank Of Botetourt Buchanan V | 股票-其他 | 1.17% | +0.13% | -0.48% | |
| 33 | CPKF | Chesapeake Finl Shs Inc | 股票-其他 | 1.16% | +0.13% | — | |
| 34 | ✓ | Hci Group Inc | 股票-其他 | 1.11% | — | -43.31% | |
| 35 | CWBC | Community West Bancshares | 股票-其他 | 1.09% | +0.11% | — | |
| 36 | ENR | Energizer Holdings Inc | 股票-其他 | 1.07% | +0.21% | -2.37% | |
| 37 | PTBS | Potomac Bancshares Inc | 股票-其他 | 1.07% | +0.21% | +0.31% | |
| 38 | ALRS | Alerus Financial CORP | 股票-其他 | 1.06% | +0.22% | — | |
| 39 | ✓ | 股票-其他 | 1.05% | — | -0.81% | ||
| 40 | FMBM | F & M Bank CORP | 股票-其他 | 0.94% | +0.15% | — | |
| 41 | CSBB | Csb Bancorp Inc | 股票-其他 | 0.94% | -0.03% | +0.93% | |
| 42 | ACI | Albertsons Cos Inc - Class A | 股票-非循環性消費 | 0.91% | -0.04% | -2.28% | |
| 43 | ✓ | 股票-其他 | 0.91% | — | — | ||
| 44 | AIG | American International Group | 股票-金融 | 0.83% | -0.03% | +0.31% | |
| 45 | MFGI | Merchants Financial Group In | 股票-其他 | 0.82% | +0.16% | +1.30% | |
| 46 | ✓ | Ford Motor Co | 股票-其他 | 0.79% | — | +9.97% | |
| 47 | ✓ | Duke Energy | 股票-其他 | 0.77% | — | -0.46% | |
| 48 | LXPUSD | Lxp Industrial Trust | 股票-其他 | 0.76% | — | +4.09% | |
| 49 | ABCB | Ameris Bancorp | 股票-金融 | 0.74% | +0.05% | -6.89% | |
| 50 | MOAT | Vaneck Morningstar Wide Moat | ETF-其他 | 0.71% | +0.05% | +5.93% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | CTO 3.875 04-15-25 *債券 | Cto Realty Growth Inc | +2.9% | NEW | 新建倉 |
| 2 | CWBC | Community West Bancshares | +1.1% | NEW | 新建倉 |
| 3 | GES 3.75 04-15-28債券 | Guess Inc | +0.9% | NEW | 新建倉 |
| 4 | ET | Energy Transfer LP | +0.4% | -3.20% | 減碼 |
| 5 | JAZZ 2 06-15-26債券 | Jazz Investments I LTD | +0.4% | — | 加碼 |
| 6 | FXNC | First National Corp/va | +0.4% | — | 不變 |
| 7 | BMBN | Benchmark Bankshares Inc | +0.3% | +1.46% | 加碼 |
| 8 | VSH 2.25 09-15-30債券 | Vishay Intertechnology | +0.3% | NEW | 新建倉 |
| 9 | INVA 2.125 03-15-28債券 | Innoviva Inc | +0.2% | NEW | 新建倉 |
| 10 | APLE | Apple Hospitality Reit Inc | +0.2% | +10.82% | 加碼 |
| 11 | SIRI 3.75 03-15-28債券 | Sirius Xm Holdings | +0.2% | — | 加碼 |
| 12 | ORCL | Oracle CORP | +0.2% | NEW | 新建倉 |
| 13 | LFGP | Ledyard Financial Group Inc | +0.2% | -0.27% | 減碼 |
| 14 | EEFT 0.75 03-15-49債券 | Euronet Worldwide Inc | +0.2% | — | 加碼 |
| 15 | SLB | Slb LTD | +0.1% | NEW | 新建倉 |
| 16 | ABNB 0 03-15-26債券 | Airbnb Inc | +0.1% | — | 加碼 |
| 17 | FWONK 2.25 08-15-27債券 | Liberty Media CORP | +0.1% | — | 減碼 |
| 18 | VTRS | Viatris Inc | +0.1% | -1.35% | 減碼 |
| 19 | VZ | Verizon Communications Inc | +0.1% | +22.22% | 加碼 |
| 20 | GTLS 6.75 12-15-25 B債券 | Chart Industries Inc | +0.1% | — | 不變 |
| 21 | FCCO | First Community CORP | +0.1% | — | 不變 |
| 22 | JPM | Jpmorgan Chase & Co | +0.1% | +137.60% | 加碼 |
| 23 | VSH 2.25 06-15-25債券 | Vishay Intertechnology | +0.1% | NEW | 新建倉 |
| 24 | ENR | Energizer Holdings Inc | +0.1% | -2.37% | 減碼 |
| 25 | CTO | Cto Realty Growth Inc | +0.1% | +2.04% | 加碼 |
| 26 | F 0 03-15-26債券 | Ford Motor Company | +0.1% | — | 加碼 |
| 27 | CNH | CNH Industrial N.V. | 0% | +3.28% | 加碼 |
| 28 | PTBS | Potomac Bancshares Inc | 0% | +0.31% | 加碼 |
| 29 | DUK | Duke Energy CORP | 0% | NEW | 新建倉 |
| 30 | XOM | Exxon Mobil CORP | 0% | NEW | 新建倉 |
| 31 | AGI | Alamos Gold Inc-class A | 0% | NEW | 新建倉 |
| 32 | QQQ | Invesco Qqq Trust Series 1 | 0% | NEW | 新建倉 |
| 33 | MSFT | Microsoft CORP | 0% | +22.50% | 加碼 |
| 34 | ACI | Albertsons Cos Inc - Class A | 0% | -2.28% | 減碼 |
| 35 | FISI | Financial Institutions Inc | 0% | — | 不變 |
| 36 | MTB | M & T Bank CORP | 0% | +4.78% | 加碼 |
| 37 | BANC | Banc Of California Inc | 0% | — | 不變 |
| 38 | PFIS | Peoples Financial Services | 0% | -5.22% | 減碼 |
| 39 | T | At&t Inc | 0% | -0.60% | 減碼 |
| 40 | HWC | Hancock Whitney CORP | 0% | — | 不變 |
| 41 | SPOT 0 03-15-26債券 | Spotify USA Inc | 0% | — | 不變 |
| 42 | KR | Kroger Co | 0% | — | 不變 |
| 43 | EXPE 0 02-15-26債券 | Expedia Group Inc | 0% | — | 不變 |
| 44 | FBIZ | First Business Financial Ser | — | -0.20% | 減碼 |
| 45 | MFGI | Merchants Financial Group In | — | +1.30% | 加碼 |
| 46 | QABA | First Trust Nasdaq Aba Cbif | — | -0.92% | 減碼 |
| 47 | GOOGL | Alphabet Inc-cl A | — | — | 不變 |
| 48 | GBX 2.875 04-15-28債券 | Greenbrier Cos Inc | — | — | 不變 |
| 49 | IUSV | Ishares Core S&p U.s. Value | — | — | 不變 |
| 50 | SSBUSD | Southstate Bank CORP | — | — | 不變 |
根據 SEC 官方 Form 13F 申報備案，Cutler Capital Management, LLC 在 Q4 2024 季度的美股持倉總市值約為 US$3.9億，共申報了 117 個公開持股部位。
在 Q4 2024 季度，Cutler Capital Management, LLC 按市值排列的前三大核心持股分別為：MET (4.7%)、AEM (3.9%)、TSBK (3.2%)。其中最大持股部位 MET 佔據整體投資組合約 4.7% 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
CTO 3.875 04-15-25 *
市值: US$836.9萬
本季最大獲利了結 / 清倉標的
CMNTY WST BANC
前期市值: US$312.1萬
在 Q4 2024 季度中，Cutler Capital Management, LLC 共進行了 91 項持倉異動，包含新建倉 12 個部位、加碼 30 個部位、減碼 43 個部位以及清倉 6 個部位。 其中最大新建倉標的為 CTO 3.875 04-15-25 *。 本季清倉部位包含 CMNTY WST BANC。
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。