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: 0001798849
申報總市值
US$102.8億
US$102.8億
44 檔
34.5%
截至 Q2 2025 季度末，Durable Capital Partners LP 的美股持倉估值約為 US$102.8億，全數申報部位共有 44 檔。
Durable Capital Partners LP 在 Q2 2025 進行了結構性的板塊輪動與部位換股。在開立 4 個全新部位及加碼 22 檔持股的同時，亦同步清倉 11 檔並減碼 15 檔標的。
檢視投資組合結構，前 5 大主力部位（包含 RBC, CPNG, FOUR）占據了總市值的 34.5%，展現出該機構在 Q2 2025 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 | RBC | RBC Bearings Inc | 股票-工業 | 7.35% | -2.02% | -4.19% | |
| 2 | CPNG | Coupang Inc | 股票-循環性消費 | 5.61% | -1.84% | +7.54% | |
| 3 | FOUR | Shift4 Payments Inc-class A | 股票-科技 | 5.00% | -0.69% | +12.60% | |
| 4 | INTU | Intuit Inc | 股票-科技 | 4.67% | — | +12.15% | |
| 5 | IWM | Ishares Russell 2000 ETF | ETF-中小型股 | 4.24% | -2.62% | EXIT | |
| 6 | APG | Api Group CORP | 股票-工業 | 4.11% | -1.16% | +19.22% | |
| 7 | SHOP | Shopify Inc - Class A | 股票-科技 | 3.97% | +1.40% | +6.27% | |
| 8 | AFRM | Affirm Holdings Inc | 股票-金融 | 3.87% | +0.85% | +12.28% | |
| 9 | RBLX | Roblox CORP -class A | 股票-通訊服務 | 3.66% | -0.38% | EXIT | |
| 10 | CIGI | Colliers Intl Gr-subord Vot | 股票-其他 | 3.58% | -0.91% | EXIT | |
| 11 | XPO | Xpo Inc | 股票-工業 | 3.44% | -1.04% | +79.28% | |
| 12 | TOST | Toast Inc-class A | 股票-科技 | 3.44% | — | -5.45% | |
| 13 | DUOL | Duolingo | 股票-科技 | 3.33% | — | -36.65% | |
| 14 | MELI | Mercadolibre Inc | 股票-循環性消費 | 2.93% | -1.14% | +155.33% | |
| 15 | AYI | Acuity Inc | 股票-工業 | 2.82% | -0.78% | +13.78% | |
| 16 | FSV | Firstservice CORP | 股票-其他 | 2.60% | — | -8.96% | |
| 17 | HUBS | Hubspot Inc | 股票-科技 | 2.53% | — | -29.14% | |
| 18 | CVNA | Carvana Co | 股票-循環性消費 | 2.28% | +1.08% | -53.83% | |
| 19 | VEEV | Veeva Systems Inc-class A | 股票-醫療保健 | 2.13% | — | — | |
| 20 | OPCH | Option Care Health Inc | 股票-醫療保健 | 2.03% | -1.23% | +134.25% | |
| 21 | PRVA | Privia Health Group Inc | 股票-其他 | 2.00% | +0.35% | — | |
| 22 | DASH | Doordash Inc - A | 股票-循環性消費 | 1.92% | +0.85% | — | |
| 23 | ENTG | Entegris Inc | 股票-科技 | 1.87% | -0.66% | +4.86% | |
| 24 | DSGX | Descartes Systems Grp/the | 股票-科技 | 1.73% | — | -20.05% | |
| 25 | WST | West Pharmaceutical Services | 股票-醫療保健 | 1.72% | — | -33.85% | |
| 26 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 1.64% | — | -59.84% | |
| 27 | WRBY | Warby Parker Inc-class A | 股票-其他 | 1.59% | +0.50% | -6.02% | |
| 28 | YOU | Clear Secure Inc -class A | 股票-科技 | 1.57% | -1.48% | EXIT | |
| 29 | MASI* | Masimo CORP | 股票-其他 | 1.48% | — | +3.40% | |
| 30 | ROP | Roper Technologies Inc | 股票-科技 | 1.42% | — | -41.62% | |
| 31 | ESAB | Esab CORP | 股票-工業 | 1.26% | -0.03% | EXIT | |
| 32 | MOH | Molina Healthcare Inc | 股票-醫療保健 | 1.21% | — | -1.04% | |
| 33 | RH | Rh | 股票-循環性消費 | 0.92% | — | +125.12% | |
| 34 | VSEC | Vse CORP | 股票-工業 | 0.86% | -0.49% | — | |
| 35 | AUR | Aurora Innovation Inc | 股票-循環性消費 | 0.81% | +0.66% | +36.74% | |
| 36 | FND | Floor & Decor Holdings Inc-a | 股票-循環性消費 | 0.80% | — | — | |
| 37 | FLUT | Flutter Entertainment plc | 股票-循環性消費 | 0.72% | — | +57.56% | |
| 38 | EVH | Evolent Health Inc - A | 股票-其他 | 0.55% | — | — | |
| 39 | GSHD | Goosehead Insurance Inc -a | 股票-其他 | 0.54% | +0.18% | — | |
| 40 | APP | Applovin Corp-class A | 股票-科技 | 0.50% | — | -44.02% | |
| 41 | MNDY | monday.com Ltd. | 股票-科技 | 0.45% | — | +1.81% | |
| 42 | PTC | Ptc Inc | 股票-科技 | 0.36% | — | +18.57% | |
| 43 | OM | Outset Medical Inc | 股票-其他 | 0.24% | — | -4.77% | |
| 44 | SG | Sweetgreen Inc - Class A | 股票-其他 | 0.24% | — | -52.75% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | VEEV | Veeva Systems Inc-class A | +2.1% | NEW | 新建倉 |
| 2 | IWM | Ishares Russell 2000 ETF | +2% | +105.54% | 加碼 |
| 3 | MELI | Mercadolibre Inc | +1.9% | +155.33% | 加碼 |
| 4 | RBLX | Roblox CORP -class A | +1.9% | +32.37% | 加碼 |
| 5 | XPO | Xpo Inc | +1.5% | +79.28% | 加碼 |
| 6 | APG | Api Group CORP | +1.3% | +19.22% | 加碼 |
| 7 | AFRM | Affirm Holdings Inc | +1.2% | +12.28% | 加碼 |
| 8 | CPNG | Coupang Inc | +1.1% | +7.54% | 加碼 |
| 9 | OPCH | Option Care Health Inc | +0.9% | +134.25% | 加碼 |
| 10 | YOU | Clear Secure Inc -class A | +0.9% | +153.12% | 加碼 |
| 11 | INTU | Intuit Inc | +0.8% | +12.15% | 加碼 |
| 12 | FND | Floor & Decor Holdings Inc-a | +0.8% | NEW | 新建倉 |
| 13 | FOUR | Shift4 Payments Inc-class A | +0.7% | +12.60% | 加碼 |
| 14 | EVH | Evolent Health Inc - A | +0.6% | NEW | 新建倉 |
| 15 | GSHD | Goosehead Insurance Inc -a | +0.5% | NEW | 新建倉 |
| 16 | CIGI | Colliers Intl Gr-subord Vot | +0.4% | +21.96% | 加碼 |
| 17 | SHOP | Shopify Inc - Class A | +0.3% | +6.27% | 加碼 |
| 18 | RH | Rh | +0.3% | +125.12% | 加碼 |
| 19 | FLUT | Flutter Entertainment plc | +0.3% | +57.56% | 加碼 |
| 20 | DASH | Doordash Inc - A | +0.2% | — | 不變 |
| 21 | ESAB | Esab CORP | +0.2% | +41.47% | 加碼 |
| 22 | TOST | Toast Inc-class A | +0.2% | -5.45% | 減碼 |
| 23 | AYI | Acuity Inc | +0.2% | +13.78% | 加碼 |
| 24 | OM | Outset Medical Inc | +0.1% | -4.77% | 減碼 |
| 25 | MNDY | monday.com Ltd. | +0.1% | +1.81% | 加碼 |
| 26 | PTC | Ptc Inc | 0% | +18.57% | 加碼 |
| 27 | WRBY | Warby Parker Inc-class A | -0.1% | -6.02% | 減碼 |
| 28 | VSEC | Vse CORP | -0.1% | — | 不變 |
| 29 | AUR | Aurora Innovation Inc | -0.1% | +36.74% | 加碼 |
| 30 | CHWY | Chewy Inc - Class A | -0.1% | EXIT | 清倉 |
| 31 | BIRK | Birkenstock Holding plc | -0.1% | EXIT | 清倉 |
| 32 | KRMN | Karman Holdings Inc | -0.2% | EXIT | 清倉 |
| 33 | MASI* | Masimo CORP | -0.2% | +3.40% | 加碼 |
| 34 | RBC | RBC Bearings Inc | -0.2% | -4.19% | 減碼 |
| 35 | APP | Applovin Corp-class A | -0.3% | -44.02% | 減碼 |
| 36 | PRVA | Privia Health Group Inc | -0.3% | — | 不變 |
| 37 | MOH | Molina Healthcare Inc | -0.4% | -1.04% | 減碼 |
| 38 | ENTG | Entegris Inc | -0.4% | +4.86% | 加碼 |
| 39 | TTAN | Servicetitan Inc-a | -0.4% | EXIT | 清倉 |
| 40 | PCOR | Procore Technologies Inc | -0.5% | EXIT | 清倉 |
| 41 | ALHC | Alignment Healthcare Inc | -0.6% | EXIT | 清倉 |
| 42 | FSV | Firstservice CORP | -0.6% | -8.96% | 減碼 |
| 43 | BFAM | Bright Horizons Family Solut | -0.6% | EXIT | 清倉 |
| 44 | SG | Sweetgreen Inc - Class A | -0.8% | -52.75% | 減碼 |
| 45 | DSGX | Descartes Systems Grp/the | -0.8% | -20.05% | 減碼 |
| 46 | WIX | Wix.com Ltd. | -0.9% | EXIT | 清倉 |
| 47 | ✓ | On Holding AG | -0.9% | EXIT | 清倉 |
| 48 | FERG | Ferguson Enterprises Inc | -1.1% | EXIT | 清倉 |
| 49 | CVNA | Carvana Co | -1.3% | -53.83% | 減碼 |
| 50 | IDXX | Idexx Laboratories Inc | -1.4% | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Durable Capital Partners LP 在 Q2 2025 季度的美股持倉總市值約為 US$102.8億，共申報了 44 個公開持股部位。
在 Q2 2025 季度，Durable Capital Partners LP 按市值排列的前三大核心持股分別為：RBC (7.3%)、CPNG (5.6%)、FOUR (5.0%)。其中最大持股部位 RBC 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
VEEV
市值: US$2.8億
本季最大獲利了結 / 清倉標的
IDXX
前期市值: US$1.5億
在 Q2 2025 季度中，Durable Capital Partners LP 共進行了 52 項持倉異動，包含新建倉 4 個部位、加碼 22 個部位、減碼 15 個部位以及清倉 11 個部位。 其中最大新建倉標的為 VEEV。 本季清倉部位包含 IDXX。
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。