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: 0001269950
申報總市值
US$6.8億
US$6.8億
206 檔
25.7%
Q3 2025 季度申報顯示，Deltec Asset Management LLC 揭露的美股組合總市值為 US$6.8億，涵蓋 206 個不同之權益投資部位。
Deltec Asset Management LLC 在 Q3 2025 進行了結構性的板塊輪動與部位換股。在開立 13 個全新部位及加碼 14 檔持股的同時，亦同步清倉 10 檔並減碼 13 檔標的。
檢視投資組合結構，前 5 大主力部位（包含 GOOGL, AMZN, OCUL）占據了總市值的 25.7%，展現出該機構在 Q3 2025 的重點資金聚焦與風險分佈特徵。
僅顯示前 200 大持股（共 206 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 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 7.29% | -0.21% | -12.44% | |
| 2 | AMZN | Amazon.com Inc | 股票-循環性消費 | 5.60% | -0.63% | -6.77% | |
| 3 | OCUL | Ocular Therapeutix Inc | 股票-其他 | 5.33% | -0.05% | -1.16% | |
| 4 | MSFT | Microsoft CORP | 股票-科技 | 5.25% | -0.73% | -0.60% | |
| 5 | NVDA | Nvidia CORP | 股票-科技 | 5.18% | -0.04% | +4.33% | |
| 6 | AVGO | Broadcom Inc | 股票-科技 | 5.18% | -0.63% | -0.16% | |
| 7 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 3.17% | -0.44% | -0.07% | |
| 8 | UBER | Uber Technologies Inc | 股票-工業 | 2.92% | -0.40% | -14.01% | |
| 9 | CCL1EUR | Carnival CORP LTD | 股票-循環性消費 | 2.80% | -2.98% | EXIT | |
| 10 | V | Visa Inc-class A Shares | 股票-金融 | 2.56% | -0.38% | +0.98% | |
| 11 | URA | Global X Uranium ETF | ETF-其他 | 2.22% | -0.45% | — | |
| 12 | NCLH | Norwegian Cruise Line Holdings Ltd. | 股票-循環性消費 | 1.99% | — | +59.03% | |
| 13 | WMT | Walmart Inc | 股票-非循環性消費 | 1.94% | -0.44% | -0.65% | |
| 14 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 1.82% | +0.30% | -1.25% | |
| 15 | HD | Home Depot Inc | 股票-循環性消費 | 1.59% | -0.19% | — | |
| 16 | TSLA | Tesla Inc | 股票-循環性消費 | 1.51% | -0.05% | +28.96% | |
| 17 | FLEX | Flex Ltd. | 股票-科技 | 1.49% | +1.19% | +12.28% | |
| 18 | EQT | Eqt CORP | 股票-能源 | 1.43% | -0.59% | +2.58% | |
| 19 | PM | Philip Morris International | 股票-非循環性消費 | 1.21% | -0.16% | -1.44% | |
| 20 | MA | Mastercard Inc - A | 股票-金融 | 1.16% | -0.19% | -0.19% | |
| 21 | AAPL | Apple Inc | 股票-科技 | 1.11% | -0.10% | -7.96% | |
| 22 | LLY | Eli Lilly & Co | 股票-醫療保健 | 1.10% | +0.08% | +29.63% | |
| 23 | AR | Antero Resources CORP | 股票-能源 | 1.09% | +0.47% | NEW | |
| 24 | IGV | Ishares Expanded Tech-softwa | ETF-科技型 | 1.04% | — | -11.35% | |
| 25 | IBIT | Ishares Bitcoin Trust ETF | ETF-加密貨幣 | 1.00% | — | +77.87% | |
| 26 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 0.85% | -0.06% | -6.54% | |
| 27 | EMBJ | Embraer Sa-spon Adr | 股票-工業 | 0.84% | -0.03% | +3.05% | |
| 28 | ETHA | Ishares Ethereum Trust ETF | ETF-其他 | 0.82% | — | — | |
| 29 | VIST | Vista Energy Sab De Cv | 股票-其他 | 0.81% | -0.40% | +6.48% | |
| 30 | CPA | Copa Holdings, S.A. | 股票-其他 | 0.77% | +0.05% | -33.64% | |
| 31 | XLV | Ss Health Care Select Sector | ETF-其他 | 0.76% | -0.41% | -8.10% | |
| 32 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.71% | -0.11% | — | |
| 33 | BSX | Boston Scientific CORP | 股票-醫療保健 | 0.69% | -0.10% | +51.24% | |
| 34 | SHEL | Shell Plc-adr | 股票-能源 | 0.67% | -0.31% | — | |
| 35 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.67% | — | -3.50% | |
| 36 | MNKD | Mannkind CORP | 股票-其他 | 0.64% | +0.21% | — | |
| 37 | CSCO | Cisco Systems Inc | 股票-科技 | 0.63% | -0.18% | -0.89% | |
| 38 | ETN | Eaton Corporation plc | 股票-工業 | 0.62% | +0.08% | NEW | |
| 39 | CMG | Chipotle Mexican Grill Inc | 股票-循環性消費 | 0.59% | — | +32.65% | |
| 40 | SMLR | Semler Scientific Inc | 股票-其他 | 0.55% | — | +9.91% | |
| 41 | MRVL | Marvell Technology Inc | 股票-科技 | 0.54% | +0.47% | -56.74% | |
| 42 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.53% | -0.16% | — | |
| 43 | BTU | Peabody Energy CORP | 股票-能源 | 0.53% | -0.03% | — | |
| 44 | MELI | Mercadolibre Inc | 股票-循環性消費 | 0.51% | -0.03% | +9.88% | |
| 45 | TJX | Tjx Companies Inc | 股票-循環性消費 | 0.50% | -0.18% | — | |
| 46 | MTUM | Ishares Msci USA Momentum Fa | ETF-其他 | 0.48% | +0.12% | — | |
| 47 | MO | Altria Group Inc | 股票-非循環性消費 | 0.46% | -0.06% | -0.12% | |
| 48 | QXO | Qxo Inc | 股票-工業 | 0.42% | +0.32% | +283.14% | |
| 49 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.36% | -0.05% | — | |
| 50 | JBL | Jabil Inc | 股票-科技 | 0.36% | +0.56% | NEW |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | +1.8% | +4.33% | 加碼 |
| 2 | URA | Global X Uranium ETF | +1.8% | — | 加碼 |
| 3 | NCLH | Norwegian Cruise Line Holdings Ltd. | +1.7% | +59.03% | 加碼 |
| 4 | AVGO | Broadcom Inc | +1.2% | -0.16% | 減碼 |
| 5 | OCUL | Ocular Therapeutix Inc | +1.1% | -1.16% | 加碼 |
| 6 | IBIT | Ishares Bitcoin Trust ETF | +0.9% | +77.87% | 加碼 |
| 7 | TSLA | Tesla Inc | +0.8% | +28.96% | 加碼 |
| 8 | IGV | Ishares Expanded Tech-softwa | +0.6% | -11.35% | 加碼 |
| 9 | BSX | Boston Scientific CORP | +0.6% | +51.24% | 加碼 |
| 10 | TSM | Taiwan Semiconductor-sp Adr | +0.4% | -1.25% | 減碼 |
| 11 | QXO | Qxo Inc | +0.4% | +283.14% | 加碼 |
| 12 | FLEX | Flex Ltd. | +0.3% | +12.28% | 減碼 |
| 13 | GOOGL | Alphabet Inc-cl A | +0.3% | -12.44% | 減碼 |
| 14 | JBL | Jabil Inc | +0.3% | +42.86% | 加碼 |
| 15 | SMLR | Semler Scientific Inc | +0.2% | +9.91% | 加碼 |
| 16 | TJX | Tjx Companies Inc | +0.2% | — | 加碼 |
| 17 | GOOG | Alphabet Inc-cl C | +0.1% | -3.50% | 減碼 |
| 18 | LLY | Eli Lilly & Co | +0.1% | +29.63% | 加碼 |
| 19 | META | Meta Platforms Inc-class A | -0.1% | -0.07% | 減碼 |
| 20 | MSFT | Microsoft CORP | -0.3% | -0.60% | 減碼 |
| 21 | WMT | Walmart Inc | -0.3% | -0.65% | 減碼 |
| 22 | VIST | Vista Energy Sab De Cv | -0.6% | +6.48% | 加碼 |
| 23 | CPA | Copa Holdings, S.A. | -0.6% | -33.64% | 減碼 |
| 24 | BKNG | Booking Holdings Inc | -0.7% | — | 減碼 |
| 25 | MRVL | Marvell Technology Inc | -0.7% | -56.74% | 減碼 |
| 26 | EQT | Eqt CORP | -0.9% | +2.58% | 減碼 |
| 27 | AMZN | Amazon.com Inc | -1% | -6.77% | 減碼 |
| 28 | XYZ | Block Inc | — | EXIT | 清倉 |
| 29 | DELL | Dell Technologies -c | — | EXIT | 清倉 |
| 30 | AR | Antero Resources CORP | — | NEW | 新建倉 |
| 31 | ETHA | Ishares Ethereum Trust ETF | — | NEW | 新建倉 |
| 32 | ON | On Semiconductor | — | EXIT | 清倉 |
| 33 | MNKD | Mannkind CORP | — | NEW | 新建倉 |
| 34 | CSCO | Cisco Systems Inc | — | NEW | 新建倉 |
| 35 | BTU | Peabody Energy CORP | — | NEW | 新建倉 |
| 36 | MTUM | Ishares Msci USA Momentum Fa | — | NEW | 新建倉 |
| 37 | CZR | Caesars Entertainment Inc | — | EXIT | 清倉 |
| 38 | ANF | Abercrombie & Fitch Co-cl A | — | EXIT | 清倉 |
| 39 | FNAUSD | Paragon 28 Inc | — | EXIT | 清倉 |
| 40 | CART | Maplebear Inc | — | NEW | 新建倉 |
| 41 | CRM | Salesforce Inc | — | EXIT | 清倉 |
| 42 | TDG | Transdigm Group Inc | — | EXIT | 清倉 |
| 43 | UNH | Unitedhealth Group Inc | — | NEW | 新建倉 |
| 44 | ✓ | Soulpower Acquisition CORP | — | NEW | 新建倉 |
| 45 | ✓ | Sizzle Acquisition CORP. Ii | — | NEW | 新建倉 |
| 46 | ORLY | O'reilly Automotive Inc | — | NEW | 新建倉 |
| 47 | MTSI | Macom Technology Solutions H | — | NEW | 新建倉 |
| 48 | ACGL | Arch Capital Group Ltd. | — | EXIT | 清倉 |
| 49 | SPGI | S&p Global Inc | — | NEW | 新建倉 |
| 50 | ARES | Ares Management Corporation | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Deltec Asset Management LLC 在 Q3 2025 季度的美股持倉總市值約為 US$6.8億，共申報了 206 個公開持股部位。
在 Q3 2025 季度，Deltec Asset Management LLC 按市值排列的前三大核心持股分別為：GOOGL (7.3%)、AMZN (5.6%)、OCUL (5.3%)。其中最大持股部位 GOOGL 佔據整體投資組合約 7.3% 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
AR
市值: US$661.1萬
本季最大獲利了結 / 清倉標的
XYZ
前期市值: US$968.4萬
在 Q3 2025 季度中，Deltec Asset Management LLC 共進行了 50 項持倉異動，包含新建倉 13 個部位、加碼 14 個部位、減碼 13 個部位以及清倉 10 個部位。 其中最大新建倉標的為 AR。 本季清倉部位包含 XYZ。
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。