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
459 檔
31.4%
Q4 2025 季度申報顯示，Fred Alger Management, LLC 揭露的美股組合總市值為 US$300.1億，涵蓋 459 個不同之權益投資部位。
Q4 2025 的申報記錄反映 Fred Alger Management, LLC 的板塊替換策略：機構本季推動了 90 筆增持與 110 筆減持，籌碼呈現明顯的結構重組。
整體而言，Fred Alger Management, LLC 的前 5 大持股（包含 NVDA, MSFT, AMZN）貢獻了組合市值的 31.4%，形成該機構在 Q4 2025 季度的基本面基石。
僅顯示前 200 大持股（共 459 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 | 11.19% | -0.73% | +2.99% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 9.47% | -1.69% | +6.02% | |
| 3 | AMZN | Amazon.com Inc | 股票-循環性消費 | 6.39% | -0.80% | +8.82% | |
| 4 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 5.09% | -0.73% | -2.14% | |
| 5 | AAPL | Apple Inc | 股票-科技 | 4.85% | -0.31% | +10.62% | |
| 6 | APP | Applovin Corp-class A | 股票-科技 | 4.42% | +0.17% | -11.60% | |
| 7 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 4.33% | +0.28% | +16.07% | |
| 8 | AVGO | Broadcom Inc | 股票-科技 | 3.90% | -0.54% | +7.26% | |
| 9 | TSLA | Tesla Inc | 股票-循環性消費 | 2.92% | -0.16% | +12.25% | |
| 10 | TLN | Talen Energy CORP | 股票-公用事業 | 2.65% | +0.32% | +8.44% | |
| 11 | NBIS | Nebius Group N.V. | 股票-其他 | 2.61% | +0.90% | -21.66% | |
| 12 | WDC | Western Digital CORP | 股票-科技 | 1.81% | +1.54% | -21.21% | |
| 13 | NTRA | Natera Inc | 股票-醫療保健 | 1.64% | +0.07% | -25.67% | |
| 14 | SE | Sea Ltd-adr | 股票-通訊服務 | 1.38% | -0.08% | -4.13% | |
| 15 | ALAB | Astera Labs Inc | 股票-科技 | 1.26% | +0.83% | +25.51% | |
| 16 | QXO | Qxo Inc | 股票-工業 | 1.20% | -0.33% | +75.39% | |
| 17 | GEV | GE Vernova Inc | 股票-工業 | 1.10% | +0.26% | +1554.38% | |
| 18 | SPOT | Spotify Technology S.A. | 股票-通訊服務 | 1.06% | -0.08% | -7.31% | |
| 19 | NFLX | Netflix Inc | 股票-通訊服務 | 1.01% | -0.60% | +688.53% | |
| 20 | MDB | Mongodb Inc | 股票-科技 | 0.92% | -0.21% | +7.30% | |
| 21 | HEI-A | Heico Corp-class A | 股票-其他 | 0.88% | +0.02% | -1.75% | |
| 22 | GFL | Gfl Environmental Inc-sub Vt | 股票-其他 | 0.85% | -0.43% | -10.76% | |
| 23 | ISRG | Intuitive Surgical Inc | 股票-醫療保健 | 0.78% | -0.63% | +30.03% | |
| 24 | RKT | Rocket Cos Inc-class A | 股票-金融 | 0.77% | -0.22% | +67.65% | |
| 25 | CEG | Constellation Energy | 股票-公用事業 | 0.71% | -0.15% | -3.53% | |
| 26 | MELI | Mercadolibre Inc | 股票-循環性消費 | 0.68% | -0.26% | +30.83% | |
| 27 | ROKU | Roku Inc | 股票-通訊服務 | 0.60% | +0.08% | +7087.70% | |
| 28 | VST | Vistra CORP | 股票-公用事業 | 0.60% | -0.05% | -31.89% | |
| 29 | RGEN | Repligen CORP | 股票-醫療保健 | 0.59% | +0.11% | +154.32% | |
| 30 | BIIB | Biogen Inc | 股票-醫療保健 | 0.55% | -0.02% | +39074.79% | |
| 31 | SPGI | S&p Global Inc | 股票-金融 | 0.52% | -0.08% | -6.27% | |
| 32 | FWONK | Liberty Media Corp-formula-c | 股票-通訊服務 | 0.49% | -0.05% | +6.76% | |
| 33 | ARWR | Arrowhead Pharmaceuticals In | 股票-醫療保健 | 0.48% | -0.02% | +497.39% | |
| 34 | AZNN | Astrazeneca Plc-spons Adr | 股票-其他 | 0.48% | — | +2297.76% | |
| 35 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.42% | -0.18% | +5.02% | |
| 36 | HOOD | Robinhood Markets Inc - A | 股票-金融 | 0.42% | +0.42% | -55.09% | |
| 37 | BSX | Boston Scientific CORP | 股票-醫療保健 | 0.41% | -0.40% | EXIT | |
| 38 | MLM | Martin Marietta Materials | 股票-原物料 | 0.40% | -0.10% | -6.76% | |
| 39 | 6D8 | Dupont De Nemours Inc | 股票-其他 | 0.38% | -0.41% | EXIT | |
| 40 | SHOP | Shopify Inc - Class A | 股票-科技 | 0.37% | -0.18% | +102.55% | |
| 41 | VRT | Vertiv Holdings Co-a | 股票-工業 | 0.37% | -0.13% | -70.44% | |
| 42 | V | Visa Inc-class A Shares | 股票-金融 | 0.35% | -0.05% | -45.94% | |
| 43 | NET | Cloudflare Inc - Class A | 股票-科技 | 0.34% | -0.10% | +0.43% | |
| 44 | CAH | Cardinal Health Inc | 股票-醫療保健 | 0.33% | -0.10% | -14.38% | |
| 45 | RBC | RBC Bearings Inc | 股票-工業 | 0.31% | -0.07% | -0.99% | |
| 46 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 0.30% | +0.03% | +7.91% | |
| 47 | ASND | Ascendis Pharma A/S | 股票-其他 | 0.29% | -0.31% | EXIT | |
| 48 | FTAI | FTAI Aviation Ltd. | 股票-工業 | 0.29% | -0.07% | +15.11% | |
| 49 | TPC | Tutor Perini CORP | 股票-其他 | 0.29% | -0.10% | +47.03% | |
| 50 | CVNA | Carvana Co | 股票-循環性消費 | 0.28% | -0.12% | -8.28% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | GOOG | Alphabet Inc-cl C | +1.5% | +16.07% | 加碼 |
| 2 | GEV | GE Vernova Inc | +1% | +1554.38% | 加碼 |
| 3 | AMZN | Amazon.com Inc | +0.9% | +8.82% | 加碼 |
| 4 | AAPL | Apple Inc | +0.8% | +10.62% | 加碼 |
| 5 | ROKU | Roku Inc | +0.6% | +7087.70% | 加碼 |
| 6 | BIIB | Biogen Inc | +0.6% | +39074.79% | 加碼 |
| 7 | QXO | Qxo Inc | +0.5% | +75.39% | 加碼 |
| 8 | AZNN | Astrazeneca Plc-spons Adr | +0.5% | +2297.76% | 加碼 |
| 9 | AVGO | Broadcom Inc | +0.5% | +7.26% | 加碼 |
| 10 | ARWR | Arrowhead Pharmaceuticals In | +0.4% | +497.39% | 加碼 |
| 11 | RGEN | Repligen CORP | +0.4% | +154.32% | 加碼 |
| 12 | NVDA | Nvidia CORP | +0.4% | +2.99% | 加碼 |
| 13 | TSLA | Tesla Inc | +0.4% | +12.25% | 加碼 |
| 14 | RKT | Rocket Cos Inc-class A | +0.3% | +67.65% | 加碼 |
| 15 | ISRG | Intuitive Surgical Inc | +0.3% | +30.03% | 加碼 |
| 16 | MDB | Mongodb Inc | +0.3% | +7.30% | 加碼 |
| 17 | U | Unity Software Inc | +0.2% | +17917.82% | 加碼 |
| 18 | WDC | Western Digital CORP | +0.2% | -21.21% | 減碼 |
| 19 | SHOP | Shopify Inc - Class A | +0.2% | +102.55% | 加碼 |
| 20 | UNH | Unitedhealth Group Inc | +0.2% | +913.61% | 加碼 |
| 21 | ASND | Ascendis Pharma A/S | +0.2% | +106.27% | 加碼 |
| 22 | LLY | Eli Lilly & Co | +0.1% | +5.02% | 加碼 |
| 23 | SPHR | Sphere Entertainment Co | +0.1% | +370.21% | 加碼 |
| 24 | BLDR | Builders Firstsource Inc | +0.1% | +252.84% | 加碼 |
| 25 | TPC | Tutor Perini CORP | +0.1% | +47.03% | 加碼 |
| 26 | NTRA | Natera Inc | +0.1% | -25.67% | 減碼 |
| 27 | GOOGL | Alphabet Inc-cl A | +0.1% | +7.91% | 加碼 |
| 28 | ALAB | Astera Labs Inc | +0.1% | +25.51% | 加碼 |
| 29 | GH | Guardant Health Inc | +0.1% | -7.65% | 減碼 |
| 30 | GLXY | Galaxy Digital Inc-a | +0.1% | +572.06% | 加碼 |
| 31 | MELI | Mercadolibre Inc | +0.1% | +30.83% | 加碼 |
| 32 | FTAI | FTAI Aviation Ltd. | +0.1% | +15.11% | 加碼 |
| 33 | FBRX | Forte Biosciences Inc | +0.1% | -10.70% | 減碼 |
| 34 | CCJ | Cameco CORP | 0% | +259.27% | 加碼 |
| 35 | NCNO | Ncino Inc | 0% | +49.28% | 加碼 |
| 36 | GKOS | Glaukos CORP | 0% | +2.76% | 加碼 |
| 37 | CDRE | Cadre Holdings Inc | 0% | +46.77% | 加碼 |
| 38 | MP | Mp Materials CORP | 0% | +320.15% | 加碼 |
| 39 | FWRG | First Watch Restaurant Group | 0% | +183.91% | 加碼 |
| 40 | THC | Tenet Healthcare CORP | 0% | +51.75% | 加碼 |
| 41 | RBC | RBC Bearings Inc | 0% | -0.99% | 減碼 |
| 42 | CAH | Cardinal Health Inc | 0% | -14.38% | 減碼 |
| 43 | TWLO | Twilio Inc - A | 0% | -15.92% | 減碼 |
| 44 | SMTC | Semtech CORP | 0% | +12.04% | 加碼 |
| 45 | RBRK | Rubrik Inc-a | 0% | +73.90% | 加碼 |
| 46 | BSX | Boston Scientific CORP | 0% | +11.23% | 加碼 |
| 47 | HWM | Howmet Aerospace Inc | 0% | +68.46% | 加碼 |
| 48 | ACAD | Acadia Pharmaceuticals Inc | 0% | -0.45% | 減碼 |
| 49 | WST | West Pharmaceutical Services | 0% | +143.86% | 加碼 |
| 50 | HLNE | Hamilton Lane Inc-class A | 0% | +29.76% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Fred Alger Management, LLC 在 Q4 2025 季度的美股持倉總市值約為 US$300.1億，共申報了 459 個公開持股部位。
在 Q4 2025 季度，Fred Alger Management, LLC 按市值排列的前三大核心持股分別為：NVDA (11.2%)、MSFT (9.5%)、AMZN (6.4%)。其中最大持股部位 NVDA 佔據整體投資組合約 11.2% 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
6D8
市值: US$9606.8萬
本季最大獲利了結 / 清倉標的
CRWV
前期市值: US$2586.1萬
在 Q4 2025 季度中，Fred Alger Management, LLC 共進行了 200 項持倉異動，包含新建倉 24 個部位、加碼 66 個部位、減碼 93 個部位以及清倉 17 個部位。 其中最大新建倉標的為 6D8。 本季清倉部位包含 CRWV。
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。