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: 0000003520
申報總市值
US$300.1億
US$300.1億
446 檔
31.6%
在 Q3 2025 的 13F 官方備案中，Fred Alger Management, LLC 管理的美股投資組合規模來到 US$300.1億，整體持股檔數為 446 檔。
觀察 Q3 2025 的資金脈絡，Fred Alger Management, LLC 在獲利結算 18 檔個股的同時，將資本重新部署至 35 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 NVDA, MSFT, META）累計市值佔比達 31.6%，是驅動 Fred Alger Management, LLC 該季度整體投資組合績效表現的核心支柱。
僅顯示前 200 大持股（共 446 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 | NVDA | Nvidia CORP | 股票-科技 | 10.79% | -0.73% | -0.55% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 9.49% | -1.69% | +2.82% | |
| 3 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 5.75% | -0.73% | +9.67% | |
| 4 | AMZN | Amazon.com Inc | 股票-循環性消費 | 5.54% | -0.80% | -5.85% | |
| 5 | APP | Applovin Corp-class A | 股票-科技 | 5.29% | +0.17% | -18.72% | |
| 6 | NBIS | Nebius Group N.V. | 股票-其他 | 4.43% | +0.90% | +33.40% | |
| 7 | AAPL | Apple Inc | 股票-科技 | 4.08% | -0.31% | +9.89% | |
| 8 | AVGO | Broadcom Inc | 股票-科技 | 3.44% | -0.54% | +25.88% | |
| 9 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 2.87% | +0.28% | +16.13% | |
| 10 | TLN | Talen Energy CORP | 股票-公用事業 | 2.75% | +0.32% | -12.60% | |
| 11 | TSLA | Tesla Inc | 股票-循環性消費 | 2.55% | -0.16% | -5.29% | |
| 12 | SE | Sea Ltd-adr | 股票-通訊服務 | 2.01% | -0.08% | +22.07% | |
| 13 | NFLX | Netflix Inc | 股票-通訊服務 | 1.63% | -0.60% | -6.26% | |
| 14 | WDC | Western Digital CORP | 股票-科技 | 1.59% | +1.54% | +4923.88% | |
| 15 | NTRA | Natera Inc | 股票-醫療保健 | 1.54% | +0.07% | +1.71% | |
| 16 | SPOT | Spotify Technology S.A. | 股票-通訊服務 | 1.36% | -0.08% | +30.19% | |
| 17 | RBLX | Roblox CORP -class A | 股票-通訊服務 | 1.30% | -0.01% | EXIT | |
| 18 | ALAB | Astera Labs Inc | 股票-科技 | 1.17% | +0.83% | -13.61% | |
| 19 | HOOD | Robinhood Markets Inc - A | 股票-金融 | 1.17% | +0.42% | -38.41% | |
| 20 | VRT | Vertiv Holdings Co-a | 股票-工業 | 1.15% | -0.13% | -39.75% | |
| 21 | VST | Vistra CORP | 股票-公用事業 | 1.06% | -0.05% | -35.08% | |
| 22 | GFL | Gfl Environmental Inc-sub Vt | 股票-其他 | 1.04% | -0.43% | -30.70% | |
| 23 | HEI-A | Heico Corp-class A | 股票-其他 | 0.90% | +0.02% | -8.21% | |
| 24 | CEG | Constellation Energy | 股票-公用事業 | 0.68% | -0.15% | -18.66% | |
| 25 | QXO | Qxo Inc | 股票-工業 | 0.67% | -0.33% | — | |
| 26 | MDB | Mongodb Inc | 股票-科技 | 0.63% | -0.21% | — | |
| 27 | V | Visa Inc-class A Shares | 股票-金融 | 0.63% | -0.05% | -38.38% | |
| 28 | MELI | Mercadolibre Inc | 股票-循環性消費 | 0.60% | -0.26% | -20.19% | |
| 29 | ORCL | Oracle CORP | 股票-科技 | 0.59% | -0.02% | +165.97% | |
| 30 | SPGI | S&p Global Inc | 股票-金融 | 0.52% | -0.08% | +11.83% | |
| 31 | FWONK | Liberty Media Corp-formula-c | 股票-通訊服務 | 0.48% | -0.05% | -14.98% | |
| 32 | ISRG | Intuitive Surgical Inc | 股票-醫療保健 | 0.47% | -0.63% | -16.46% | |
| 33 | RKT | Rocket Cos Inc-class A | 股票-金融 | 0.46% | -0.22% | +7412.57% | |
| 34 | MLM | Martin Marietta Materials | 股票-原物料 | 0.43% | -0.10% | -5.06% | |
| 35 | BSX | Boston Scientific CORP | 股票-醫療保健 | 0.37% | -0.40% | EXIT | |
| 36 | NET | Cloudflare Inc - Class A | 股票-科技 | 0.36% | -0.10% | -49.57% | |
| 37 | FSV | Firstservice CORP | 股票-其他 | 0.32% | -0.13% | -10.58% | |
| 38 | NRG | Nrg Energy Inc | 股票-公用事業 | 0.30% | -0.18% | +865.69% | |
| 39 | URI | United Rentals Inc | 股票-工業 | 0.29% | -0.02% | EXIT | |
| 40 | QURE | uniQure N.V. | 股票-其他 | 0.29% | +0.01% | — | |
| 41 | CAH | Cardinal Health Inc | 股票-醫療保健 | 0.29% | -0.10% | -41.08% | |
| 42 | SNOW | Snowflake Inc | 股票-科技 | 0.29% | +0.53% | NEW | |
| 43 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.28% | -0.18% | -39.22% | |
| 44 | CVNA | Carvana Co | 股票-循環性消費 | 0.27% | -0.12% | +40.15% | |
| 45 | RBC | RBC Bearings Inc | 股票-工業 | 0.27% | -0.07% | -1.20% | |
| 46 | HEI | Heico CORP | 股票-工業 | 0.27% | -0.01% | -10.07% | |
| 47 | SGI | Somnigroup International Inc | 股票-循環性消費 | 0.26% | -0.01% | — | |
| 48 | VSEC | Vse CORP | 股票-工業 | 0.26% | -0.02% | +26.15% | |
| 49 | AIR | Aar CORP | 股票-工業 | 0.24% | -0.07% | +4.40% | |
| 50 | UPST | Upstart Holdings Inc | 股票-金融 | 0.22% | -0.02% | -7.55% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | NBIS | Nebius Group N.V. | +4.1% | +33.40% | 加碼 |
| 2 | NVDA | Nvidia CORP | +1.9% | -0.55% | 加碼 |
| 3 | GOOG | Alphabet Inc-cl C | +1.3% | +16.13% | 加碼 |
| 4 | RBLX | Roblox CORP -class A | +1.2% | +27.73% | 加碼 |
| 5 | AVGO | Broadcom Inc | +1.1% | +25.88% | 加碼 |
| 6 | TLN | Talen Energy CORP | +1.1% | -12.60% | 加碼 |
| 7 | APP | Applovin Corp-class A | +1% | -18.72% | 減碼 |
| 8 | TSLA | Tesla Inc | +0.8% | -5.29% | 加碼 |
| 9 | ALAB | Astera Labs Inc | +0.6% | -13.61% | 減碼 |
| 10 | ORCL | Oracle CORP | +0.6% | +165.97% | 加碼 |
| 11 | VST | Vistra CORP | +0.4% | -35.08% | 加碼 |
| 12 | CEG | Constellation Energy | +0.4% | -18.66% | 加碼 |
| 13 | HOOD | Robinhood Markets Inc - A | +0.3% | -38.41% | 減碼 |
| 14 | SPOT | Spotify Technology S.A. | +0.2% | +30.19% | 加碼 |
| 15 | CVNA | Carvana Co | +0.2% | +40.15% | 加碼 |
| 16 | URI | United Rentals Inc | +0.2% | +81.97% | 加碼 |
| 17 | AORT | Artivion Inc | +0.2% | -2.50% | 加碼 |
| 18 | TWLO | Twilio Inc - A | +0.2% | +3614.82% | 加碼 |
| 19 | MLM | Martin Marietta Materials | +0.1% | -5.06% | 加碼 |
| 20 | SMTC | Semtech CORP | +0.1% | +45.99% | 加碼 |
| 21 | ETN | Eaton Corporation plc | +0.1% | +10.45% | 加碼 |
| 22 | BABA | Alibaba Group Holding-sp Adr | +0.1% | — | 加碼 |
| 23 | RDNT | Radnet Inc | +0.1% | +50.65% | 加碼 |
| 24 | SE | Sea Ltd-adr | +0.1% | +22.07% | 加碼 |
| 25 | SNOW | Snowflake Inc | +0.1% | -55.41% | 加碼 |
| 26 | CAH | Cardinal Health Inc | +0.1% | -41.08% | 加碼 |
| 27 | AIR | Aar CORP | +0.1% | +4.40% | 加碼 |
| 28 | GOOGL | Alphabet Inc-cl A | +0.1% | +31.91% | 加碼 |
| 29 | ASND | Ascendis Pharma A/S | +0.1% | +4398.05% | 加碼 |
| 30 | DASH | Doordash Inc - A | +0.1% | -23.51% | 加碼 |
| 31 | FIX | Comfort Systems USA Inc | +0.1% | -19.36% | 加碼 |
| 32 | FSLR | First Solar Inc | +0.1% | +3470.69% | 加碼 |
| 33 | IRTC | Irhythm Holdings Inc | +0.1% | -1.67% | 加碼 |
| 34 | FBRX | Forte Biosciences Inc | +0.1% | +1.07% | 加碼 |
| 35 | THC | Tenet Healthcare CORP | +0.1% | -29.72% | 加碼 |
| 36 | GH | Guardant Health Inc | +0.1% | +70.87% | 加碼 |
| 37 | STRL | Sterling Infrastructure Inc | +0.1% | -2.56% | 減碼 |
| 38 | OSCR | Oscar Health Inc - Class A | +0.1% | +225.61% | 加碼 |
| 39 | ITRI | Itron Inc | +0.1% | -41.96% | 加碼 |
| 40 | CELH | Celsius Holdings Inc | +0.1% | +180.32% | 加碼 |
| 41 | TPC | Tutor Perini CORP | 0% | -20.70% | 減碼 |
| 42 | ONT | Onterris Inc | 0% | -0.13% | 加碼 |
| 43 | ELF | Elf Beauty Inc | 0% | +40.90% | 加碼 |
| 44 | FN | Fabrinet | 0% | +139.64% | 加碼 |
| 45 | NU | Nu Holdings Ltd. | 0% | -23.09% | 加碼 |
| 46 | IDXX | Idexx Laboratories Inc | 0% | +60.79% | 加碼 |
| 47 | BBIO | Bridgebio Pharma Inc | 0% | +729.30% | 加碼 |
| 48 | HLT | Hilton Worldwide Holdings In | 0% | +168.29% | 加碼 |
| 49 | CRH | CRH plc | 0% | +0.14% | 加碼 |
| 50 | ROP | Roper Technologies Inc | 0% | -1.34% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Fred Alger Management, LLC 在 Q3 2025 季度的美股持倉總市值約為 US$300.1億，共申報了 446 個公開持股部位。
在 Q3 2025 季度，Fred Alger Management, LLC 按市值排列的前三大核心持股分別為：NVDA (10.8%)、MSFT (9.5%)、META (5.8%)。其中最大持股部位 NVDA 佔據整體投資組合約 10.8% 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
WDC
市值: US$4.1億
本季最大獲利了結 / 清倉標的
CORZ
前期市值: US$4686.9萬
在 Q3 2025 季度中，Fred Alger Management, LLC 共進行了 200 項持倉異動，包含新建倉 35 個部位、加碼 62 個部位、減碼 85 個部位以及清倉 18 個部位。 其中最大新建倉標的為 WDC。 本季清倉部位包含 CORZ。
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。