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: 0001754535
申報總市值
US$33.0億
US$33.0億
152 檔
16.2%
在 Q2 2025 的 13F 官方備案中，DeepCurrents Investment Group LLC 管理的美股投資組合規模來到 US$33.0億，整體持股檔數為 152 檔。
觀察 Q2 2025 的資金脈絡，DeepCurrents Investment Group LLC 在獲利結算 51 檔個股的同時，將資本重新部署至 37 檔新選標的，展現主動管理機構的輪動節奏。
從部位權重觀察，前 5 大標的（包含 SEALTD 2.375 12-01-25, NVMI 0 10-15-25, FOUR 0 12-15-25）累計市值佔比達 16.2%，是驅動 DeepCurrents Investment Group 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 | SEALTD 2.375 12-01-25債券 | Sea LTD | 債券 | 5.49% | — | — | |
| 2 | NVMI 0 10-15-25債券 | Nova LTD | 債券 | 4.62% | — | — | |
| 3 | FOUR 0 12-15-25債券 | Shift4 Payments Inc | 債券 | 3.58% | — | — | |
| 4 | DXCM 0.25 11-15-25債券 | Dexcom Inc | 債券 | 2.88% | — | — | |
| 5 | MIDD 1 09-01-25債券 | Middleby CORP | 債券 | 2.88% | — | +7.63% | |
| 6 | NET 0 08-15-26債券 | Cloudflare Inc | 債券 | 2.50% | +0.06% | — | |
| 7 | NVCR 0 11-01-25債券 | Novocure LTD | 債券 | 2.47% | — | — | |
| 8 | IONS 0 04-01-26債券 | Ionis Pharmaceuticals In | 債券 | 2.22% | — | +9.02% | |
| 9 | VRNS 1.25 08-15-25債券 | Varonis System Inc | 債券 | 2.18% | — | — | |
| 10 | INVA 2.5 08-15-25債券 | Innoviva Inc | 債券 | 2.10% | — | — | |
| 11 | COIN 0.5 06-01-26債券 | Coinbase Global Inc | 債券 | 1.95% | -1.87% | EXIT | |
| 12 | BSY 0.125 01-15-26債券 | Bentley Systems Inc | 債券 | 1.84% | — | +12.15% | |
| 13 | TMDX 1.5 06-01-28債券 | Transmedics Group Inc | 債券 | 1.80% | +0.51% | — | |
| 14 | DAY 0.25 03-15-26債券 | Dayforce Inc | 債券 | 1.77% | — | — | |
| 15 | SPOT 0 03-15-26債券 | Spotify USA Inc | 債券 | 1.62% | — | -20.33% | |
| 16 | APLS 3.5 09-15-26債券 | Apellis Pharmaceuticals | 債券 | 1.60% | -1.51% | EXIT | |
| 17 | BE 3 06-01-28債券 | Bloom Energy CORP | 債券 | 1.54% | — | — | |
| 18 | FVRR 0 11-01-25債券 | Fiverr International LTD | 債券 | 1.54% | — | +137.68% | |
| 19 | MSTR 0.625 03-15-30債券 | Strategy Inc | 債券 | 1.49% | — | — | |
| 20 | SEALTD 0.25 09-15-26債券 | Sea LTD | 債券 | 1.46% | -0.05% | — | |
| 21 | SRPT 1.25 09-15-27債券 | Sarepta Therapeutics Inc | 債券 | 1.38% | +0.49% | NEW | |
| 22 | SEDG 0 09-15-25債券 | Solar Edge Technologies | 債券 | 1.38% | — | — | |
| 23 | EVH 1.5 10-15-25債券 | Evolent Health Inc | 債券 | 1.37% | — | — | |
| 24 | NICEIT 0 09-15-25債券 | Nice LTD | 債券 | 1.37% | — | — | |
| 25 | LRN 1.125 09-01-27債券 | Stride Inc | 債券 | 1.35% | -0.10% | +24.43% | |
| 26 | CSIQ 2.5 10-01-25債券 | Canadian Solar Inc | 債券 | 1.33% | — | +28.64% | |
| 27 | PTCT 1.5 09-15-26債券 | Ptc Therapeutics Inc | 債券 | 1.32% | -0.02% | +4.15% | |
| 28 | DXCM 0.375 05-15-28債券 | Dexcom Inc | 債券 | 1.31% | -0.19% | +13.33% | |
| 29 | IART 0.5 08-15-25債券 | Integra Lifesciences Hld | 債券 | 1.23% | — | +28.30% | |
| 30 | VRNT 0.25 04-15-26債券 | Verint Systems Inc | 債券 | 1.21% | — | +16.72% | |
| 31 | LNTH 2.625 12-15-27債券 | Lantheus Holdings Inc | 債券 | 1.18% | +0.63% | — | |
| 32 | GES 3.75 04-15-28債券 | Guess Inc | 債券 | 1.15% | — | — | |
| 33 | SHAK 0 03-01-28債券 | Shake Shack Inc | 債券 | 1.10% | -0.09% | +18.44% | |
| 34 | PRCH 9 05-15-30債券 | Porch Group Inc | 債券 | 1.10% | -0.19% | — | |
| 35 | RDFN 0.5 04-01-27債券 | Redfin CORP | 債券 | 1.08% | -0.04% | — | |
| 36 | RPD 0.25 03-15-27債券 | Rapid7 Inc | 債券 | 1.06% | -0.05% | — | |
| 37 | BTU 3.25 03-01-28債券 | Peabody Energy CORP | 債券 | 1.05% | -1.46% | +363.33% | |
| 38 | ITRI 0 03-15-26債券 | Itron Inc | 債券 | 1.04% | — | — | |
| 39 | UPST 0.25 08-15-26債券 | Upstart Holdings Inc | 債券 | 1.03% | — | +7.15% | |
| 40 | DKNG 0 03-15-28債券 | Draftkings Holdings Inc | 債券 | 1.02% | +0.20% | +19.06% | |
| 41 | GPRO 1.25 11-15-25債券 | Gopro Inc | 債券 | 1.00% | — | — | |
| 42 | MGNI 0.25 03-15-26債券 | Magnite Inc | 債券 | 0.98% | — | +9.52% | |
| 43 | CNMD 2.25 06-15-27債券 | Conmed CORP | 債券 | 0.96% | -1.59% | EXIT | |
| 44 | AFRM 0 11-15-26債券 | Affirm Holdings Inc | 債券 | 0.96% | -0.88% | EXIT | |
| 45 | TLRY 5.2 06-15-27債券 | Tilray Brands Inc | 債券 | 0.92% | -0.41% | — | |
| 46 | CAMT 0 12-01-26債券 | Camtek Ltd/israel | 債券 | 0.87% | — | — | |
| 47 | ALNY 1 09-15-27債券 | Alnylam Pharmaceuticals | 債券 | 0.86% | -0.11% | -12.04% | |
| 48 | MITK 0.75 02-01-26債券 | Mitek Systems Inc | 債券 | 0.84% | — | +7.22% | |
| 49 | BSY 0.375 07-01-27債券 | Bentley Systems | 債券 | 0.84% | -0.56% | EXIT | |
| 50 | IRWD 1.5 06-15-26債券 | Ironwood Pharmaceuticals | 債券 | 0.83% | -0.80% | EXIT |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | NVMI 0 10-15-25債券 | Nova LTD | +1.7% | — | 不變 |
| 2 | SRPT 1.25 09-15-27債券 | Sarepta Therapeutics Inc | +1.4% | NEW | 新建倉 |
| 3 | SEALTD 2.375 12-01-25債券 | Sea LTD | +1.2% | — | 不變 |
| 4 | PRCH 9 05-15-30債券 | Porch Group Inc | +1.1% | NEW | 新建倉 |
| 5 | RPD 0.25 03-15-27債券 | Rapid7 Inc | +1.1% | NEW | 新建倉 |
| 6 | CNMD 2.25 06-15-27債券 | Conmed CORP | +1% | NEW | 新建倉 |
| 7 | FVRR 0 11-01-25債券 | Fiverr International LTD | +0.9% | +137.68% | 加碼 |
| 8 | BTU 3.25 03-01-28債券 | Peabody Energy CORP | +0.8% | +363.33% | 加碼 |
| 9 | TRIP 0.25 04-01-26債券 | Tripadvisor Inc | +0.8% | NEW | 新建倉 |
| 10 | COIN 0.25 04-01-30債券 | Coinbase Global Inc | +0.8% | NEW | 新建倉 |
| 11 | COIN 0.5 06-01-26債券 | Coinbase Global Inc | +0.8% | +29.18% | 加碼 |
| 12 | NVDA | Nvidia CORP | +0.7% | NEW | 新建倉 |
| 13 | FSLY 0 03-15-26債券 | Fastly Inc | +0.7% | NEW | 新建倉 |
| 14 | TMDX 1.5 06-01-28債券 | Transmedics Group Inc | +0.7% | — | 不變 |
| 15 | ENOV 3.875 10-15-28債券 | Enovis CORP | +0.7% | NEW | 新建倉 |
| 16 | VRNS 1.25 08-15-25債券 | Varonis System Inc | +0.5% | — | 不變 |
| 17 | FOUR 0 12-15-25債券 | Shift4 Payments Inc | +0.5% | — | 不變 |
| 18 | NET 0 08-15-26債券 | Cloudflare Inc | +0.5% | — | 不變 |
| 19 | MSTR 0.625 03-15-30債券 | Strategy Inc | +0.5% | — | 不變 |
| 20 | LRN 1.125 09-01-27債券 | Stride Inc | +0.5% | +24.43% | 加碼 |
| 21 | OMER 9.5 06-15-29債券 | Omeros CORP | +0.4% | NEW | 新建倉 |
| 22 | CSIQ 2.5 10-01-25債券 | Canadian Solar Inc | +0.4% | +28.64% | 加碼 |
| 23 | SHAK 0 03-01-28債券 | Shake Shack Inc | +0.4% | +18.44% | 加碼 |
| 24 | IONS 0 04-01-26債券 | Ionis Pharmaceuticals In | +0.4% | +9.02% | 加碼 |
| 25 | IART 0.5 08-15-25債券 | Integra Lifesciences Hld | +0.3% | +28.30% | 加碼 |
| 26 | BSY 0.125 01-15-26債券 | Bentley Systems Inc | +0.3% | +12.15% | 加碼 |
| 27 | DXCM 0.375 05-15-28債券 | Dexcom Inc | +0.3% | +13.33% | 加碼 |
| 28 | EB 0.75 09-15-26債券 | Eventbrite Inc | +0.3% | +189.35% | 加碼 |
| 29 | BE 3 06-01-28債券 | Bloom Energy CORP | +0.3% | — | 不變 |
| 30 | T | At&t Inc | +0.3% | -93.30% | 減碼 |
| 31 | IWM | Ishares Russell 2000 ETF | +0.3% | +162.04% | 加碼 |
| 32 | DKNG 0 03-15-28債券 | Draftkings Holdings Inc | +0.2% | +19.06% | 加碼 |
| 33 | VRNT 0.25 04-15-26債券 | Verint Systems Inc | +0.2% | +16.72% | 加碼 |
| 34 | CAMT 0 12-01-26債券 | Camtek Ltd/israel | +0.2% | — | 不變 |
| 35 | AZEK | Azek Co Inc/the | +0.2% | NEW | 新建倉 |
| 36 | WK 1.25 08-15-28債券 | Workiva Inc | +0.2% | +70.59% | 加碼 |
| 37 | INVA 2.5 08-15-25債券 | Innoviva Inc | +0.2% | — | 不變 |
| 38 | DXCM 0.25 11-15-25債券 | Dexcom Inc | +0.2% | — | 不變 |
| 39 | NVCR 0 11-01-25債券 | Novocure LTD | +0.2% | — | 不變 |
| 40 | MIDD 1 09-01-25債券 | Middleby CORP | +0.2% | +7.63% | 加碼 |
| 41 | CDLX 4.25 04-01-29債券 | Cardlytics Inc | +0.2% | NEW | 新建倉 |
| 42 | QTWO 0.125 11-15-25債券 | Q2 Holdings Inc | +0.2% | +21.45% | 加碼 |
| 43 | BE 3 06-01-29債券 | Bloom Energy CORP | +0.2% | NEW | 新建倉 |
| 44 | MMYT 0 02-15-28債券 | Makemytrip Limited | +0.2% | +22.75% | 加碼 |
| 45 | MGNI 0.25 03-15-26債券 | Magnite Inc | +0.2% | +9.52% | 加碼 |
| 46 | ITRI 0 03-15-26債券 | Itron Inc | +0.2% | — | 不變 |
| 47 | WDC | Western Digital CORP | +0.1% | -12.99% | 減碼 |
| 48 | UPST 0.25 08-15-26債券 | Upstart Holdings Inc | +0.1% | +7.15% | 加碼 |
| 49 | GRPN 6.25 03-15-27 *債券 | Groupon Inc | +0.1% | +950.00% | 加碼 |
| 50 | SPOT 0 03-15-26債券 | Spotify USA Inc | +0.1% | -20.33% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，DeepCurrents Investment Group LLC 在 Q2 2025 季度的美股持倉總市值約為 US$33.0億，共申報了 152 個公開持股部位。
在 Q2 2025 季度，DeepCurrents Investment Group LLC 按市值排列的前三大核心持股分別為：SEALTD 2.375 12-01-25 (5.5%)、NVMI 0 10-15-25 (4.6%)、FOUR 0 12-15-25 (3.6%)。其中最大持股部位 SEALTD 2.375 12-01-25 佔據整體投資組合約 5.5% 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
SRPT 1.25 09-15-27
市值: US$3811.0萬
本季最大獲利了結 / 清倉標的
INSM 0.75 06-01-28
前期市值: US$9164.9萬
在 Q2 2025 季度中，DeepCurrents Investment Group LLC 共進行了 149 項持倉異動，包含新建倉 37 個部位、加碼 34 個部位、減碼 27 個部位以及清倉 51 個部位。 其中最大新建倉標的為 SRPT 1.25 09-15-27。 本季清倉部位包含 INSM 0.75 06-01-28。
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。