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: 0001584691
申報總市值
US$16.7億
US$16.7億
56 檔
28.3%
根據最新整理的 13F 季度數據集，Global Alpha Capital Management Ltd. 於 Q3 2025 結束時的管理資產規模為 US$16.7億。該機構在本季度申報了 56 檔美股持倉，呈現出該時期的主要投資地圖。
Global Alpha Capital Management Ltd. 在 Q3 2025 進行了結構性的板塊輪動與部位換股。在開立 6 個全新部位及加碼 30 檔持股的同時，亦同步清倉 8 檔並減碼 20 檔標的。
檢視投資組合結構，前 5 大主力部位（包含 ORA, SANM, UMBF）占據了總市值的 28.3%，展現出該機構在 Q3 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 | ORA | Ormat Technologies Inc | 股票-公用事業 | 9.62% | -3.15% | -16.41% | |
| 2 | SANM | Sanmina CORP | 股票-科技 | 5.37% | -0.21% | -6.10% | |
| 3 | UMBF | Umb Financial CORP | 股票-金融 | 4.36% | +1.43% | -0.12% | |
| 4 | SCZ | Ishares Msci Eafe Small-cap | ETF-其他 | 3.92% | — | — | |
| 5 | GMED | Globus Medical Inc - A | 股票-醫療保健 | 3.75% | +0.46% | +8.58% | |
| 6 | GXO | Gxo Logistics Inc | 股票-工業 | 3.50% | +0.28% | -0.53% | |
| 7 | GENI | Genius Sports Limited | 股票-其他 | 3.35% | +0.56% | +12.82% | |
| 8 | ANIP | Ani Pharmaceuticals Inc | 股票-其他 | 3.30% | +1.10% | -26.85% | |
| 9 | FSS | Federal Signal CORP | 股票-工業 | 3.17% | +0.37% | -17.09% | |
| 10 | EVR | Evercore Inc - A | 股票-金融 | 3.13% | +0.29% | -0.55% | |
| 11 | CWST | Casella Waste Systems Inc-a | 股票-工業 | 3.11% | -1.56% | EXIT | |
| 12 | RDNT | Radnet Inc | 股票-醫療保健 | 3.06% | +0.51% | +11.98% | |
| 13 | ACIW | Aci Worldwide Inc | 股票-科技 | 2.82% | -2.26% | EXIT | |
| 14 | LMNR | Limoneira Co | 股票-其他 | 2.70% | -0.08% | -1.79% | |
| 15 | CW | Curtiss-wright CORP | 股票-工業 | 2.65% | — | -17.71% | |
| 16 | RYN | Rayonier Inc | 股票-房地產 | 2.57% | +0.06% | -0.53% | |
| 17 | RUSHA | Rush Enterprises Inc-cl A | 股票-循環性消費 | 2.57% | +0.06% | -0.53% | |
| 18 | DIOD | Diodes Inc | 股票-其他 | 2.56% | +0.36% | -0.52% | |
| 19 | AA | Alcoa CORP | 股票-原物料 | 2.44% | -1.00% | +31.56% | |
| 20 | THRM | Gentherm Inc | 股票-其他 | 2.15% | +0.44% | -0.52% | |
| 21 | VTY | Verint Systems Inc | 股票-其他 | 2.13% | — | -25.44% | |
| 22 | SII | Sprott Inc | 股票-其他 | 2.06% | -0.55% | -21.46% | |
| 23 | EXP | Eagle Materials Inc | 股票-原物料 | 1.94% | +0.44% | -5.70% | |
| 24 | WTFC | Wintrust Financial CORP | 股票-金融 | 1.92% | -1.96% | EXIT | |
| 25 | AWI | Armstrong World Industries | 股票-工業 | 1.91% | -0.06% | -0.47% | |
| 26 | PRAA | Pra Group Inc | 股票-其他 | 1.85% | -0.25% | -0.52% | |
| 27 | FPI | Farmland Partners Inc | 股票-其他 | 1.81% | — | -9.64% | |
| 28 | DNOW | Dnow Inc | 股票-其他 | 1.77% | -0.89% | -0.53% | |
| 29 | RLI | Rli CORP | 股票-金融 | 1.73% | +0.46% | -15.07% | |
| 30 | GPOR | Gulfport Energy CORP | 股票-其他 | 1.68% | -0.50% | -0.49% | |
| 31 | SAM | Boston Beer Company Inc-a | 股票-非循環性消費 | 1.59% | +0.80% | +15.29% | |
| 32 | GNTX | Gentex CORP | 股票-循環性消費 | 1.41% | — | -0.50% | |
| 33 | ATNI | Atn International Inc | 股票-其他 | 1.33% | -0.10% | -1.55% | |
| 34 | DGII | Digi International Inc | 股票-其他 | 1.08% | +0.75% | -0.50% | |
| 35 | CLNE | Clean Energy Fuels CORP | 股票-其他 | 1.03% | +0.11% | -19.79% | |
| 36 | BC | Brunswick CORP | 股票-循環性消費 | 0.98% | -1.64% | EXIT | |
| 37 | EEFT | Euronet Worldwide Inc | 股票-科技 | 0.69% | +0.09% | — | |
| 38 | ZWS | Zurn Elkay Water Solutions C | 股票-工業 | 0.29% | +0.02% | -0.37% | |
| 39 | ENS | Enersys | 股票-工業 | 0.29% | +0.05% | +20.03% | |
| 40 | ONT | Onterris Inc | 股票-其他 | 0.28% | +0.02% | +7.55% | |
| 41 | VMI | Valmont Industries | 股票-工業 | 0.27% | +0.09% | +28.73% | |
| 42 | CVSA | Covista Inc | 股票-非循環性消費 | 0.22% | +0.01% | -24.74% | |
| 43 | CSTE | Caesarstone Ltd. | 股票-其他 | 0.21% | — | -22.33% | |
| 44 | AGM | Federal Agric Mtg Corp-cl C | 股票-其他 | 0.16% | +0.07% | +11.91% | |
| 45 | BCPC | Balchem CORP | 股票-原物料 | 0.15% | -0.01% | — | |
| 46 | POWI | Power Integrations Inc | 股票-科技 | 0.15% | +0.06% | NEW | |
| 47 | NXT | Nextpower Inc-cl A | 股票-科技 | 0.15% | -0.01% | +48.73% | |
| 48 | LMB | Limbach Holdings Inc | 股票-其他 | 0.15% | — | +88.30% | |
| 49 | MWA | Mueller Water Products Inc-a | 股票-工業 | 0.14% | +0.06% | — | |
| 50 | BFAM | Bright Horizons Family Solut | 股票-循環性消費 | 0.12% | — | +58.23% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | GXO | Gxo Logistics Inc | +1.2% | -0.53% | 加碼 |
| 2 | RDNT | Radnet Inc | +1.1% | +11.98% | 加碼 |
| 3 | DIOD | Diodes Inc | +0.9% | -0.52% | 加碼 |
| 4 | SANM | Sanmina CORP | +0.9% | -6.10% | 加碼 |
| 5 | UMBF | Umb Financial CORP | +0.6% | -0.12% | 加碼 |
| 6 | FSS | Federal Signal CORP | +0.6% | -17.09% | 減碼 |
| 7 | THRM | Gentherm Inc | +0.4% | -0.52% | 加碼 |
| 8 | AA | Alcoa CORP | +0.4% | +31.56% | 加碼 |
| 9 | AWI | Armstrong World Industries | +0.4% | -0.47% | 加碼 |
| 10 | EVR | Evercore Inc - A | +0.4% | -0.55% | 減碼 |
| 11 | SAM | Boston Beer Company Inc-a | +0.2% | +15.29% | 加碼 |
| 12 | ONT | Onterris Inc | +0.2% | +7.55% | 加碼 |
| 13 | BC | Brunswick CORP | +0.1% | -0.51% | 加碼 |
| 14 | VMI | Valmont Industries | +0.1% | +28.73% | 加碼 |
| 15 | SII | Sprott Inc | +0.1% | -21.46% | 減碼 |
| 16 | LMB | Limbach Holdings Inc | +0.1% | +88.30% | 加碼 |
| 17 | DGII | Digi International Inc | +0.1% | -0.50% | 加碼 |
| 18 | ENS | Enersys | +0.1% | +20.03% | 加碼 |
| 19 | ZWS | Zurn Elkay Water Solutions C | +0.1% | -0.37% | 加碼 |
| 20 | POWI | Power Integrations Inc | 0% | — | 加碼 |
| 21 | PCRX | Pacira Biosciences Inc | 0% | — | 加碼 |
| 22 | GMED | Globus Medical Inc - A | 0% | +8.58% | 加碼 |
| 23 | CVSA | Covista Inc | 0% | -24.74% | 減碼 |
| 24 | BFAM | Bright Horizons Family Solut | 0% | +58.23% | 加碼 |
| 25 | AGM | Federal Agric Mtg Corp-cl C | -0.1% | +11.91% | 加碼 |
| 26 | BCPC | Balchem CORP | -0.1% | — | 加碼 |
| 27 | CW | Curtiss-wright CORP | -0.1% | -17.71% | 減碼 |
| 28 | CLNE | Clean Energy Fuels CORP | -0.1% | -19.79% | 減碼 |
| 29 | HAE | Haemonetics Corp/mass | -0.1% | -27.68% | 減碼 |
| 30 | MWA | Mueller Water Products Inc-a | -0.1% | — | 減碼 |
| 31 | VCEL | Vericel CORP | -0.1% | -34.78% | 減碼 |
| 32 | CWST | Casella Waste Systems Inc-a | -0.1% | +9.00% | 加碼 |
| 33 | LRN | Stride Inc | -0.1% | -50.93% | 減碼 |
| 34 | VTY | Verint Systems Inc | -0.1% | -25.44% | 加碼 |
| 35 | COLD | Americold Realty Trust Inc | -0.2% | -41.08% | 減碼 |
| 36 | RYN | Rayonier Inc | -0.3% | -0.53% | 加碼 |
| 37 | ANIP | Ani Pharmaceuticals Inc | -0.3% | -26.85% | 減碼 |
| 38 | EXP | Eagle Materials Inc | -0.3% | -5.70% | 加碼 |
| 39 | CSTE | Caesarstone Ltd. | -0.3% | -22.33% | 減碼 |
| 40 | GPOR | Gulfport Energy CORP | -0.4% | -0.49% | 加碼 |
| 41 | WTFC | Wintrust Financial CORP | -0.5% | -17.61% | 減碼 |
| 42 | RUSHA | Rush Enterprises Inc-cl A | -0.6% | -0.53% | 加碼 |
| 43 | ACIW | Aci Worldwide Inc | -0.8% | -0.48% | 加碼 |
| 44 | FPI | Farmland Partners Inc | -1% | -9.64% | 減碼 |
| 45 | ATNI | Atn International Inc | -1% | -1.55% | 減碼 |
| 46 | DNOW | Dnow Inc | -1.1% | -0.53% | 減碼 |
| 47 | PRAA | Pra Group Inc | -1.2% | -0.52% | 加碼 |
| 48 | RLI | Rli CORP | -1.3% | -15.07% | 減碼 |
| 49 | LMNR | Limoneira Co | -1.5% | -1.79% | 減碼 |
| 50 | ORA | Ormat Technologies Inc | -1.9% | -16.41% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Global Alpha Capital Management Ltd. 在 Q3 2025 季度的美股持倉總市值約為 US$16.7億，共申報了 56 個公開持股部位。
在 Q3 2025 季度，Global Alpha Capital Management Ltd. 按市值排列的前三大核心持股分別為：ORA (9.6%)、SANM (5.4%)、UMBF (4.4%)。其中最大持股部位 ORA 佔據整體投資組合約 9.6% 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
SCZ
市值: US$6855.7萬
本季最大獲利了結 / 清倉標的
HP
前期市值: US$1905.4萬
在 Q3 2025 季度中，Global Alpha Capital Management Ltd. 共進行了 64 項持倉異動，包含新建倉 6 個部位、加碼 30 個部位、減碼 20 個部位以及清倉 8 個部位。 其中最大新建倉標的為 SCZ。 本季清倉部位包含 HP。
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。