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: 0001742998
申報總市值
US$2.8億
US$2.8億
1235 檔
13.8%
在 Q3 2025 的 13F 官方備案中，FNY Investment Advisers, LLC 管理的美股投資組合規模來到 US$2.8億，整體持股檔數為 1235 檔。
FNY Investment Advisers, LLC 於 Q3 2025 展現出進攻型調倉步調，本季推動了 22 檔股票的新建倉與 14 檔既有部位加碼，整體資金傾向擴大在美股市場的曝險佈局。
在資產配置集中度方面，FNY Investment Advisers, LLC 的前 5 大核心持股（包含 VRNA, NVDA, UNH 等）合計佔整體申報市值的 13.8%，反映機構在主要關鍵部位上的權重分佈。
僅顯示前 200 大持股（共 1235 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 | VRNA | Verona Pharma PLC - Adr | 股票-其他 | 5.08% | — | — | |
| 2 | NVDA | Nvidia CORP | 股票-科技 | 2.48% | +0.86% | +39.80% | |
| 3 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 1.74% | +0.35% | +203.19% | |
| 4 | SBSW | Sibanye-stillwater Ltd-adr | 股票-其他 | 1.55% | — | — | |
| 5 | CPPTL | Copper Property Ctl Pass Thr | 股票-其他 | 1.50% | -0.24% | — | |
| 6 | ✓ | Codere Online Luxembourg S A | 股票-其他 | 1.49% | -1.34% | +20.81% | |
| 7 | TLT | Ishares 20+ Year Treasury Bd | ETF-政府公債 | 1.43% | -0.61% | +163.03% | |
| 8 | MSFT | Microsoft CORP | 股票-科技 | 1.26% | +0.13% | +68.35% | |
| 9 | FNMA F PERP O債券 | Fannie Mae | 債券 | 1.16% | -0.24% | +26.82% | |
| 10 | ✓ | 股票-其他 | 0.96% | — | — | ||
| 11 | STX | Seagate Technology Holdings plc | 股票-科技 | 0.90% | +0.29% | NEW | |
| 12 | ✓ | 股票-其他 | 0.88% | -0.26% | — | ||
| 13 | SGML | Sigma Lithium CORP | 股票-其他 | 0.87% | -0.32% | +109945.71% | |
| 14 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 0.86% | -0.55% | +89.13% | |
| 15 | BA | Boeing Co/the | 股票-工業 | 0.80% | +0.16% | +106.23% | |
| 16 | KVUE | Kenvue Inc | 股票-非循環性消費 | 0.80% | -0.11% | +49.10% | |
| 17 | VTI | Vanguard Total Stock Mkt ETF | ETF-其他 | 0.79% | — | — | |
| 18 | ASML | ASML Holding N.V. | 股票-科技 | 0.78% | -0.89% | EXIT | |
| 19 | NEM | Newmont CORP | 股票-原物料 | 0.77% | — | +40.60% | |
| 20 | ✓ | Cyberark Software LTD. Cmn | 股票-其他 | 0.76% | — | — | |
| 21 | GNSS | Genasys Inc | 股票-其他 | 0.74% | +0.16% | +38.50% | |
| 22 | AZN | AstraZeneca PLC | 股票-醫療保健 | 0.72% | -0.27% | — | |
| 23 | WDC | Western Digital CORP | 股票-科技 | 0.72% | +0.09% | NEW | |
| 24 | ✓ | Willow Lane Acquisition CORP | 股票-其他 | 0.72% | -1.34% | EXIT | |
| 25 | UBER | Uber Technologies Inc | 股票-工業 | 0.65% | -0.04% | -18.55% | |
| 26 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.64% | — | NEW | |
| 27 | XLV | Ss Health Care Select Sector | ETF-其他 | 0.64% | -0.36% | +166.23% | |
| 28 | S9Q | Spirit Aerosystems Hold-cl A | 股票-其他 | 0.62% | — | +100.00% | |
| 29 | ✓ | 股票-其他 | 0.61% | +0.11% | — | ||
| 30 | CRWD | Crowdstrike Holdings Inc - A | 股票-科技 | 0.61% | -0.10% | +53.10% | |
| 31 | AEBA | Allete Inc | 股票-其他 | 0.61% | — | — | |
| 32 | BTI | British American Tob-sp Adr | 股票-非循環性消費 | 0.61% | -0.58% | -27.34% | |
| 33 | CEG | Constellation Energy | 股票-公用事業 | 0.60% | — | +76.82% | |
| 34 | NUGT | Dirxn Dly Gm Indx B2x Etf-ui | ETF-其他 | 0.60% | — | +60.00% | |
| 35 | TSLA | Tesla Inc | 股票-循環性消費 | 0.59% | +0.13% | +1120.18% | |
| 36 | SVACW | Spring Valley Acquisition Corp. III | 股票-其他 | 0.58% | — | — | |
| 37 | ZIM | ZIM Integrated Shipping Services Ltd. | 股票-其他 | 0.57% | -0.18% | -0.46% | |
| 38 | HOOD | Robinhood Markets Inc - A | 股票-金融 | 0.56% | +0.42% | NEW | |
| 39 | WYNN | Wynn Resorts LTD | 股票-循環性消費 | 0.56% | — | +49.42% | |
| 40 | LOGI | Logitech International S.A. | 股票-科技 | 0.54% | — | — | |
| 41 | ✓ | M3brigade Acquisition V CORP | 股票-其他 | 0.54% | -0.46% | — | |
| 42 | 75Z | Soho House & Co Inc | 股票-其他 | 0.53% | — | +3634.66% | |
| 43 | ZS | Zscaler Inc | 股票-科技 | 0.53% | — | +65.37% | |
| 44 | DASH | Doordash Inc - A | 股票-循環性消費 | 0.52% | — | NEW | |
| 45 | DUOL | Duolingo | 股票-科技 | 0.52% | +0.01% | NEW | |
| 46 | AVGO | Broadcom Inc | 股票-科技 | 0.51% | +0.33% | -43.77% | |
| 47 | TER | Teradyne Inc | 股票-科技 | 0.51% | +0.30% | +118.54% | |
| 48 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.51% | — | -25.93% | |
| 49 | SNOW | Snowflake Inc | 股票-科技 | 0.50% | +0.50% | NEW | |
| 50 | APP | Applovin Corp-class A | 股票-科技 | 0.50% | +0.08% | +308.99% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | +1.4% | +39.80% | 加碼 |
| 2 | TLT | Ishares 20+ Year Treasury Bd | +1.2% | +163.03% | 加碼 |
| 3 | STX | Seagate Technology Holdings plc | +0.9% | +30.49% | 加碼 |
| 4 | SGML | Sigma Lithium CORP | +0.9% | +109945.71% | 加碼 |
| 5 | WDC | Western Digital CORP | +0.7% | +2685.18% | 加碼 |
| 6 | UBER | Uber Technologies Inc | +0.6% | -18.55% | 加碼 |
| 7 | TSLA | Tesla Inc | +0.6% | +1120.18% | 加碼 |
| 8 | HOOD | Robinhood Markets Inc - A | +0.5% | -39.88% | 加碼 |
| 9 | KVUE | Kenvue Inc | +0.5% | +49.10% | 加碼 |
| 10 | S9Q | Spirit Aerosystems Hold-cl A | +0.5% | +100.00% | 加碼 |
| 11 | 75Z | Soho House & Co Inc | +0.5% | +3634.66% | 加碼 |
| 12 | BTI | British American Tob-sp Adr | +0.5% | -27.34% | 加碼 |
| 13 | CRWD | Crowdstrike Holdings Inc - A | +0.5% | +53.10% | 加碼 |
| 14 | FNMA F PERP O債券 | Fannie Mae | +0.3% | +26.82% | 加碼 |
| 15 | FYBR | Frontier Communications Pare | -1.2% | -86.62% | 減碼 |
| 16 | AMZN | Amazon.com Inc | -1.7% | +9.02% | 減碼 |
| 17 | MO | Altria Group Inc | -2% | -71.55% | 減碼 |
| 18 | QQQ | Invesco Qqq Trust Series 1 | -2.4% | -2.86% | 減碼 |
| 19 | BECNUSD | Beacon Roofing Supply Inc | — | EXIT | 清倉 |
| 20 | VRNA | Verona Pharma PLC - Adr | — | NEW | 新建倉 |
| 21 | UNH | Unitedhealth Group Inc | — | NEW | 新建倉 |
| 22 | SBSW | Sibanye-stillwater Ltd-adr | — | NEW | 新建倉 |
| 23 | CPPTL | Copper Property Ctl Pass Thr | — | NEW | 新建倉 |
| 24 | ESGRP | Enstar Group Limited - Deposita | — | EXIT | 清倉 |
| 25 | AMPSUSD | Altus Power Inc | — | EXIT | 清倉 |
| 26 | ✓ | — | NEW | 新建倉 | |
| 27 | ✓ | — | NEW | 新建倉 | |
| 28 | CME | Cme Group Inc | — | EXIT | 清倉 |
| 29 | TSM | Taiwan Semiconductor-sp Adr | — | NEW | 新建倉 |
| 30 | VTI | Vanguard Total Stock Mkt ETF | — | NEW | 新建倉 |
| 31 | AKX | Ansys Inc | — | EXIT | 清倉 |
| 32 | ✓ | Cyberark Software LTD. Cmn | — | NEW | 新建倉 |
| 33 | CLBR-UN | Colombier Acquisition Corp. III | — | EXIT | 清倉 |
| 34 | ✓ | Willow Lane Acquisition CORP | — | NEW | 新建倉 |
| 35 | ✓ | Bank Montreal Que | — | EXIT | 清倉 |
| 36 | SFTBY | Softbank Group Corp-unsp Adr | — | EXIT | 清倉 |
| 37 | JHX | James Hardie Industries plc | — | EXIT | 清倉 |
| 38 | XLV | Ss Health Care Select Sector | — | NEW | 新建倉 |
| 39 | ✓ | — | NEW | 新建倉 | |
| 40 | AEM | Agnico Eagle Mines LTD | — | EXIT | 清倉 |
| 41 | AEBA | Allete Inc | — | NEW | 新建倉 |
| 42 | NUGT | Dirxn Dly Gm Indx B2x Etf-ui | — | NEW | 新建倉 |
| 43 | SVACW | Spring Valley Acquisition Corp. III | — | NEW | 新建倉 |
| 44 | WYNN | Wynn Resorts LTD | — | NEW | 新建倉 |
| 45 | LOGI | Logitech International S.A. | — | NEW | 新建倉 |
| 46 | ✓ | M3brigade Acquisition V CORP | — | NEW | 新建倉 |
| 47 | ZS | Zscaler Inc | — | NEW | 新建倉 |
| 48 | DASH | Doordash Inc - A | — | NEW | 新建倉 |
| 49 | DUOL | Duolingo | — | NEW | 新建倉 |
| 50 | AVGO | Broadcom Inc | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，FNY Investment Advisers, LLC 在 Q3 2025 季度的美股持倉總市值約為 US$2.8億，共申報了 1235 個公開持股部位。
在 Q3 2025 季度，FNY Investment Advisers, LLC 按市值排列的前三大核心持股分別為：VRNA (5.1%)、NVDA (2.5%)、UNH (1.7%)。其中最大持股部位 VRNA 佔據整體投資組合約 5.1% 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
VRNA
市值: US$1580.6萬
本季最大獲利了結 / 清倉標的
BECNUSD
前期市值: US$1713.8萬
在 Q3 2025 季度中，FNY Investment Advisers, LLC 共進行了 50 項持倉異動，包含新建倉 22 個部位、加碼 14 個部位、減碼 4 個部位以及清倉 10 個部位。 其中最大新建倉標的為 VRNA。 本季清倉部位包含 BECNUSD。
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。