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: 0001633896
申報總市值
US$1.2億
US$1.2億
207 檔
33.4%
Q4 2025 季度申報顯示，Cypress Capital Management LLC 揭露的美股組合總市值為 US$1.2億，涵蓋 207 個不同之權益投資部位。
Cypress Capital Management LLC 在 Q4 2025 進行了結構性的板塊輪動與部位換股。在開立 2 個全新部位及加碼 19 檔持股的同時，亦同步清倉 1 檔並減碼 22 檔標的。
檢視投資組合結構，前 5 大主力部位（包含 AAPL, QQQX, XETYX）占據了總市值的 33.4%，展現出該機構在 Q4 2025 的重點資金聚焦與風險分佈特徵。
僅顯示前 200 大持股（共 207 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 | AAPL | Apple Inc | 股票-科技 | 20.74% | +0.44% | +0.61% | |
| 2 | QQQX | Nuveen Nasdaq 100 Dyn Overwr | 股票-其他 | 4.31% | +0.48% | +0.53% | |
| 3 | XETYX | Eaton Vance Tax-mgd Div Eqty | 股票-其他 | 4.09% | -0.54% | +2.37% | |
| 4 | ✓ | 股票-其他 | 4.09% | -1.56% | +4.93% | ||
| 5 | BGR | Blackrock Enrgy & Res Tr | 股票-其他 | 3.87% | -0.77% | -0.05% | |
| 6 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 3.63% | -0.68% | -5.05% | |
| 7 | RVT | Royce Small-cap Trust Inc | 股票-其他 | 2.84% | +0.43% | +483.81% | |
| 8 | PHYS | Sprott Physical Gold Trust | 股票-其他 | 2.65% | -0.44% | -0.05% | |
| 9 | IJT | Ishares S&p Small-cap 600 Gr | ETF-其他 | 2.53% | +0.28% | -0.13% | |
| 10 | JPM | Jpmorgan Chase & Co | 股票-金融 | 2.50% | +0.01% | +4.42% | |
| 11 | AGI | Alamos Gold Inc-class A | 股票-原物料 | 2.46% | -0.41% | -0.09% | |
| 12 | AMLP | Alerian Mlp ETF | ETF-其他 | 2.33% | -0.13% | -0.86% | |
| 13 | CCJ | Cameco CORP | 股票-能源 | 2.24% | -0.43% | +2.39% | |
| 14 | PM | Philip Morris International | 股票-非循環性消費 | 2.23% | -0.02% | -22.08% | |
| 15 | CLS | Celestica Inc | 股票-科技 | 2.21% | +0.30% | -12.87% | |
| 16 | FIBK | First Interstate Bancsys-a | 股票-其他 | 2.18% | -0.24% | -0.23% | |
| 17 | V | Visa Inc-class A Shares | 股票-金融 | 1.85% | +0.03% | -5.11% | |
| 18 | XOM | Exxon Mobil CORP | 股票-能源 | 1.80% | -2.52% | EXIT | |
| 19 | AEM | Agnico Eagle Mines LTD | 股票-原物料 | 1.76% | -0.60% | -0.13% | |
| 20 | NVDA | Nvidia CORP | 股票-科技 | 1.74% | +0.08% | +2.00% | |
| 21 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 1.53% | +0.20% | +0.88% | |
| 22 | SCCO | Southern Copper CORP | 股票-原物料 | 1.51% | -0.16% | +0.20% | |
| 23 | XBMEX | Blackrock Health Sciences | 股票-其他 | 1.45% | +0.31% | — | |
| 24 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 1.40% | -0.38% | — | |
| 25 | AMD | Advanced Micro Devices | 股票-科技 | 1.38% | +1.86% | +3.67% | |
| 26 | BUI | Blckrck Util Infra & Pwr Opp | 股票-其他 | 1.34% | +0.35% | +0.91% | |
| 27 | CVX | Chevron CORP | 股票-能源 | 1.25% | -0.46% | -5.04% | |
| 28 | CELH | Celsius Holdings Inc | 股票-非循環性消費 | 1.11% | -0.82% | +2.04% | |
| 29 | MSFT | Microsoft CORP | 股票-科技 | 1.03% | -0.52% | -2.30% | |
| 30 | AEP | American Electric Power | 股票-公用事業 | 0.99% | — | -2.63% | |
| 31 | XLV | Ss Health Care Select Sector | ETF-其他 | 0.95% | -0.02% | -3.78% | |
| 32 | EQT | Eqt CORP | 股票-能源 | 0.91% | -0.28% | -3.76% | |
| 33 | MP | Mp Materials CORP | 股票-原物料 | 0.89% | +0.04% | — | |
| 34 | JEPI | Jpmorgan Equity Premium Inco | ETF-其他 | 0.87% | -0.80% | -32.43% | |
| 35 | AER | AerCap Holdings N.V. | 股票-工業 | 0.86% | -0.03% | -0.14% | |
| 36 | AMZN | Amazon.com Inc | 股票-循環性消費 | 0.72% | +0.05% | +0.69% | |
| 37 | BRK-A | Berkshire Hathaway Inc-cl A | 股票-其他 | 0.70% | -0.03% | — | |
| 38 | PCT | Purecycle Technologies Inc | 股票-其他 | 0.58% | +0.15% | +470.57% | |
| 39 | SMR | Nuscale Power CORP | 股票-工業 | 0.56% | -0.07% | — | |
| 40 | EPD | Enterprise Products Partners | 股票-能源 | 0.38% | -0.06% | -6.49% | |
| 41 | ✓ | 股票-其他 | 0.31% | -0.16% | -8.17% | ||
| 42 | GLD | Spdr Gold Shares | ETF-避險與商品 | 0.28% | -0.07% | — | |
| 43 | IGV | Ishares Expanded Tech-softwa | ETF-科技型 | 0.28% | — | -3.58% | |
| 44 | RTX | Rtx CORP | 股票-工業 | 0.26% | +0.20% | NEW | |
| 45 | ABT | Abbott Laboratories | 股票-醫療保健 | 0.25% | -0.21% | EXIT | |
| 46 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.25% | -0.02% | — | |
| 47 | SPYM | Ste Str Spdr Pt S&p 500 ETF | ETF-大型股與成長 | 0.25% | — | — | |
| 48 | SCHG | Schwab US Large-cap Growth | ETF-其他 | 0.25% | +0.02% | -5.41% | |
| 49 | RACE | Ferrari N.V. | 股票-循環性消費 | 0.22% | — | — | |
| 50 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.21% | -0.02% | -8.23% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | RVT | Royce Small-cap Trust Inc | +2.4% | +483.81% | 加碼 |
| 2 | AAPL | Apple Inc | +1.6% | +0.61% | 加碼 |
| 3 | PCT | Purecycle Technologies Inc | +0.4% | +470.57% | 加碼 |
| 4 | AMD | Advanced Micro Devices | +0.4% | +3.67% | 加碼 |
| 5 | GOOGL | Alphabet Inc-cl A | +0.4% | +0.88% | 加碼 |
| 6 | PHYS | Sprott Physical Gold Trust | +0.3% | -0.05% | 減碼 |
| 7 | AGI | Alamos Gold Inc-class A | +0.3% | -0.09% | 減碼 |
| 8 | CCJ | Cameco CORP | +0.3% | +2.39% | 加碼 |
| 9 | SCCO | Southern Copper CORP | +0.2% | +0.20% | 加碼 |
| 10 | FIBK | First Interstate Bancsys-a | +0.2% | -0.23% | 減碼 |
| 11 | JPM | Jpmorgan Chase & Co | +0.2% | +4.42% | 加碼 |
| 12 | XBMEX | Blackrock Health Sciences | +0.2% | — | 不變 |
| 13 | AER | AerCap Holdings N.V. | +0.1% | -0.14% | 減碼 |
| 14 | XOM | Exxon Mobil CORP | +0.1% | +0.32% | 加碼 |
| 15 | QQQX | Nuveen Nasdaq 100 Dyn Overwr | +0.1% | +0.53% | 加碼 |
| 16 | CLS | Celestica Inc | +0.1% | -12.87% | 減碼 |
| 17 | XLV | Ss Health Care Select Sector | +0.1% | -3.78% | 減碼 |
| 18 | GRAL | Grail Inc | +0.1% | — | 不變 |
| 19 | AMZN | Amazon.com Inc | +0.1% | +0.69% | 加碼 |
| 20 | NVDA | Nvidia CORP | +0.1% | +2.00% | 加碼 |
| 21 | GLD | Spdr Gold Shares | 0% | — | 不變 |
| 22 | RTX | Rtx CORP | 0% | +2.28% | 加碼 |
| 23 | CRM | Salesforce Inc | 0% | +2.19% | 加碼 |
| 24 | LLY | Eli Lilly & Co | 0% | -3.06% | 減碼 |
| 25 | MO | Altria Group Inc | 0% | — | 不變 |
| 26 | XETYX | Eaton Vance Tax-mgd Div Eqty | 0% | +2.37% | 加碼 |
| 27 | PLTR | Palantir Technologies Inc-a | 0% | — | 不變 |
| 28 | IGV | Ishares Expanded Tech-softwa | 0% | -3.58% | 減碼 |
| 29 | PG | Procter & Gamble Co/the | 0% | -8.23% | 減碼 |
| 30 | ET | Energy Transfer LP | 0% | -10.79% | 減碼 |
| 31 | NFLX | Netflix Inc | 0% | +900.00% | 加碼 |
| 32 | KMB | Kimberly-clark CORP | 0% | -23.38% | 減碼 |
| 33 | EQT | Eqt CORP | 0% | -3.76% | 減碼 |
| 34 | V | Visa Inc-class A Shares | 0% | -5.11% | 減碼 |
| 35 | VENU | Venu Holding CORP | 0% | +16.29% | 加碼 |
| 36 | RACE | Ferrari N.V. | -0.1% | — | 不變 |
| 37 | CVX | Chevron CORP | -0.1% | -5.04% | 減碼 |
| 38 | MSFT | Microsoft CORP | -0.1% | -2.30% | 減碼 |
| 39 | ✓ | -0.2% | -8.17% | 減碼 | |
| 40 | CELH | Celsius Holdings Inc | -0.2% | +2.04% | 加碼 |
| 41 | JEPI | Jpmorgan Equity Premium Inco | -0.4% | -32.43% | 減碼 |
| 42 | COST | Costco Wholesale CORP | -0.4% | -5.05% | 減碼 |
| 43 | PM | Philip Morris International | -0.6% | -22.08% | 減碼 |
| 44 | NUE | Nucor CORP | -0.7% | -99.95% | 減碼 |
| 45 | AMH | American Homes 4 Rent- A | -0.8% | -99.94% | 減碼 |
| 46 | CVI | Cvr Energy Inc | -0.9% | -99.92% | 減碼 |
| 47 | ✓ | -4.2% | +4.93% | 加碼 | |
| 48 | MP | Mp Materials CORP | — | NEW | 新建倉 |
| 49 | SMR | Nuscale Power CORP | — | NEW | 新建倉 |
| 50 | KEL | Kellanova | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Cypress Capital Management LLC 在 Q4 2025 季度的美股持倉總市值約為 US$1.2億，共申報了 207 個公開持股部位。
在 Q4 2025 季度，Cypress Capital Management LLC 按市值排列的前三大核心持股分別為：AAPL (20.7%)、QQQX (4.3%)、XETYX (4.1%)。其中最大持股部位 AAPL 佔據整體投資組合約 20.7% 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
MP
市值: US$95.3萬
本季最大獲利了結 / 清倉標的
KEL
前期市值: US$5.4萬
在 Q4 2025 季度中，Cypress Capital Management LLC 共進行了 44 項持倉異動，包含新建倉 2 個部位、加碼 19 個部位、減碼 22 個部位以及清倉 1 個部位。 其中最大新建倉標的為 MP。 本季清倉部位包含 KEL。
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。