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: 0001644187
申報總市值
US$12.0億
US$12.0億
160 檔
48.5%
根據最新整理的 13F 季度數據集，Governors Lane LP 於 Q4 2025 結束時的管理資產規模為 US$12.0億。該機構在本季度申報了 160 檔美股持倉，呈現出該時期的主要投資地圖。
在 Q4 2025，Governors Lane LP 操作展現出積極擴展與加碼意向。本季共新建倉 66 個新部位，並對 42 個既有持股進行加碼（合計增持 108 檔），相較減碼與清倉部位顯著佔優。
整體而言，Governors Lane LP 的前 5 大持股（包含 TSM, AAPL, WBD）貢獻了組合市值的 48.5%，形成該機構在 Q4 2025 季度的基本面基石。
本季最大新建倉標的
AAPL
市值: US$1.3億
本季最大獲利了結 / 清倉標的
GLW
前期市值: US$4388.6萬
| # | 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 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 9.35% | -7.51% | -29.46% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 7.74% | — | — | |
| 3 | WBD | Warner Bros Discovery Inc | 股票-通訊服務 | 6.28% | +0.92% | +105.55% | |
| 4 | AMZN | Amazon.com Inc | 股票-循環性消費 | 5.80% | -0.05% | -29.59% | |
| 5 | ASML | ASML Holding N.V. | 股票-科技 | 5.28% | -0.99% | +73.58% | |
| 6 | NSC | Norfolk Southern CORP | 股票-工業 | 3.38% | +1.96% | +46.91% | |
| 7 | TXNM | Txnm Energy Inc | 股票-公用事業 | 3.15% | +3.46% | +30.41% | |
| 8 | CRBG | Corebridge Financial Inc | 股票-金融 | 2.86% | +1.83% | +123.59% | |
| 9 | EA | Electronic Arts Inc | 股票-通訊服務 | 2.83% | +0.74% | +727.30% | |
| 10 | BAC | Bank Of America CORP | 股票-金融 | 2.82% | — | +4.98% | |
| 11 | AMAT | Applied Materials Inc | 股票-科技 | 2.45% | — | -47.63% | |
| 12 | INTC | Intel CORP | 股票-科技 | 1.88% | +1.46% | NEW | |
| 13 | VTR | Ventas Inc | 股票-房地產 | 1.76% | — | -30.01% | |
| 14 | SNDK | Sandisk CORP | 股票-科技 | 1.56% | — | — | |
| 15 | KKR | Kkr & Co Inc | 股票-金融 | 1.41% | — | +18.42% | |
| 16 | ECHO | Echostar Corp-a | 股票-通訊服務 | 1.27% | -0.64% | EXIT | |
| 17 | ALLY | Ally Financial Inc | 股票-金融 | 1.23% | -0.60% | EXIT | |
| 18 | NKE | Nike Inc -cl B | 股票-循環性消費 | 1.12% | -1.34% | -28.65% | |
| 19 | HO1 | Hologic Inc | 股票-其他 | 1.12% | -0.85% | EXIT | |
| 20 | FIS | Fidelity National Info Serv | 股票-科技 | 1.04% | — | -26.19% | |
| 21 | NIQ | NIQ Global Intelligence plc | 股票-其他 | 0.98% | — | +76.89% | |
| 22 | AIG | American International Group | 股票-金融 | 0.89% | -0.06% | EXIT | |
| 23 | CDTX | Cidara Therapeutics Inc | 股票-其他 | 0.82% | — | — | |
| 24 | ✓ | Cantor Equity Partners Ii In | 股票-其他 | 0.78% | +0.13% | -0.78% | |
| 25 | QRVO | Qorvo Inc | 股票-科技 | 0.78% | +0.73% | — | |
| 26 | NWAX-U | New America Acquisition I Co | 股票-其他 | 0.74% | — | — | |
| 27 | EXK | Exact Sciences CORP | 股票-原物料 | 0.73% | — | — | |
| 28 | KMB | Kimberly-clark CORP | 股票-非循環性消費 | 0.71% | +0.77% | — | |
| 29 | DHI | Dr Horton Inc | 股票-循環性消費 | 0.69% | — | — | |
| 30 | ✓ | Fifth Era Acquisition CORP I | 股票-其他 | 0.69% | +0.24% | -0.00% | |
| 31 | ✓ | Perimeter Acquisition CORP I | 股票-其他 | 0.68% | +0.24% | -4.29% | |
| 32 | ✓ | Karbon Cap Partners CORP | 股票-其他 | 0.66% | — | — | |
| 33 | ✓ | 股票-其他 | 0.64% | +0.22% | — | ||
| 34 | ✓ | 股票-其他 | 0.64% | — | +100.14% | ||
| 35 | RKT | Rocket Cos Inc-class A | 股票-金融 | 0.61% | +1.95% | NEW | |
| 36 | ✓ | American Exceptionalism Acqu | 股票-其他 | 0.61% | +0.15% | +93.03% | |
| 37 | ✓ | Evolution Global Acquisition | 股票-其他 | 0.61% | +0.21% | — | |
| 38 | ✓ | 股票-其他 | 0.60% | +0.21% | -0.28% | ||
| 39 | ✓ | 股票-其他 | 0.60% | +0.22% | +25.00% | ||
| 40 | ✓ | Cantor Equity Partners V Inc | 股票-其他 | 0.59% | +0.21% | — | |
| 41 | ✓ | 股票-其他 | 0.59% | — | — | ||
| 42 | ✓ | 股票-其他 | 0.56% | +0.19% | +18.49% | ||
| 43 | ✓ | 股票-其他 | 0.54% | — | +61.87% | ||
| 44 | ✓ | 股票-其他 | 0.53% | +0.19% | +149.23% | ||
| 45 | RNAGBP | Avidity Biosciences Inc | 股票-其他 | 0.52% | — | — | |
| 46 | UWMC | Uwm Holdings CORP | 股票-其他 | 0.52% | — | — | |
| 47 | ✓ | New Providence Acquisition C | 股票-其他 | 0.52% | +0.19% | +30.77% | |
| 48 | IVZ | Invesco Ltd. | 股票-金融 | 0.52% | -0.66% | EXIT | |
| 49 | ✓ | 股票-其他 | 0.51% | +0.18% | — | ||
| 50 | S | Sentinelone Inc -class A | 股票-科技 | 0.48% | — | -50.00% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | WBD | Warner Bros Discovery Inc | +3.6% | +105.55% | 加碼 |
| 2 | EA | Electronic Arts Inc | +2.4% | +727.30% | 加碼 |
| 3 | ASML | ASML Holding N.V. | +1.7% | +73.58% | 加碼 |
| 4 | CRBG | Corebridge Financial Inc | +1.1% | +123.59% | 加碼 |
| 5 | ALLY | Ally Financial Inc | +0.6% | +112.69% | 加碼 |
| 6 | NIQ | NIQ Global Intelligence plc | +0.3% | +76.89% | 加碼 |
| 7 | NSC | Norfolk Southern CORP | +0.3% | +46.91% | 加碼 |
| 8 | ✓ | +0.3% | +149.23% | 加碼 | |
| 9 | ✓ | +0.2% | +100.14% | 加碼 | |
| 10 | ✓ | American Exceptionalism Acqu | +0.2% | +93.03% | 加碼 |
| 11 | AES | Aes CORP | +0.2% | +134.62% | 加碼 |
| 12 | ✓ | +0.2% | +133.26% | 加碼 | |
| 13 | TXNM | Txnm Energy Inc | +0.2% | +30.41% | 加碼 |
| 14 | ✓ | Cslm Digita Asset Acq CORP I Usd Cl | +0.2% | +190.43% | 加碼 |
| 15 | GTENU | Gores Holdings X, Inc. | +0.1% | +91.20% | 加碼 |
| 16 | ✓ | Drugs Made In Amer Acqutn Co | +0.1% | +2132.14% | 加碼 |
| 17 | ✓ | +0.1% | +61.87% | 加碼 | |
| 18 | IVZ | Invesco Ltd. | +0.1% | +32.49% | 加碼 |
| 19 | ✓ | Blue Acquisition CORP. | 0% | +50.00% | 加碼 |
| 20 | ✓ | New Providence Acquisition C | 0% | +30.77% | 加碼 |
| 21 | ✓ | 0% | +50.00% | 加碼 | |
| 22 | ALFUW | Centurion Acquisition Corp. | — | +40.25% | 加碼 |
| 23 | ✓ | Perimeter Acquisition CORP I | — | -5.52% | 減碼 |
| 24 | ✓ | — | — | 不變 | |
| 25 | ✓ | Hcm Iii Acquisition CORP | — | +0.42% | 加碼 |
| 26 | ✓ | Archimedes Tech Spac Partner | — | — | 不變 |
| 27 | ✓ | Plum Acquisition CORP Iv | — | +40.00% | 加碼 |
| 28 | ✓ | Republic Digital Acquisition | — | — | 不變 |
| 29 | ✓ | Axiom Intelligence Ac CORP 1 | — | — | 不變 |
| 30 | ✓ | — | -16.67% | 減碼 | |
| 31 | ✓ | Cal Redwood Acquisition CORP | — | — | 不變 |
| 32 | ✓ | — | — | 不變 | |
| 33 | ✓ | Lightwave Acquisition CORP | — | — | 不變 |
| 34 | ✓ | — | — | 不變 | |
| 35 | ✓ | — | -6.07% | 減碼 | |
| 36 | ✓ | Pioneer Acquisition I CORP | — | — | 不變 |
| 37 | ✓ | 0% | -9.57% | 減碼 | |
| 38 | ✓ | Digital Asset Acquisition Co | 0% | — | 不變 |
| 39 | ✓ | M3brigade Acquisition V CORP | 0% | — | 不變 |
| 40 | ✓ | Wen Acquisition CORP | 0% | -0.20% | 減碼 |
| 41 | ✓ | 1rt Acquisition CORP. | 0% | — | 不變 |
| 42 | ✓ | 0% | — | 不變 | |
| 43 | ✓ | Pyrophyte Acquisition CORP. | 0% | — | 不變 |
| 44 | ✓ | Sizzle Acquisition CORP. Ii | 0% | — | 不變 |
| 45 | ✓ | 0% | +25.00% | 加碼 | |
| 46 | ✓ | 0% | +20.00% | 加碼 | |
| 47 | ✓ | Renatus Tactical Acquis | 0% | -5.28% | 減碼 |
| 48 | ✓ | Oxley Bridge Acq LTD | 0% | — | 不變 |
| 49 | ✓ | 0% | — | 不變 | |
| 50 | ✓ | 0% | — | 不變 |
根據 SEC 官方 Form 13F 申報備案，Governors Lane LP 在 Q4 2025 季度的美股持倉總市值約為 US$12.0億，共申報了 160 個公開持股部位。
在 Q4 2025 季度，Governors Lane LP 按市值排列的前三大核心持股分別為：TSM (9.3%)、AAPL (7.7%)、WBD (6.3%)。其中最大持股部位 TSM 佔據整體投資組合約 9.3% 的權重。
在 Q4 2025 季度中，Governors Lane LP 共進行了 169 項持倉異動，包含新建倉 66 個部位、加碼 42 個部位、減碼 23 個部位以及清倉 38 個部位。 其中最大新建倉標的為 AAPL。 本季清倉部位包含 GLW。
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。
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。
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。