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: 0001965776
申報總市值
US$1.7億
US$1.7億
45 檔
18.6%
根據最新整理的 13F 季度數據集，Graphene Investments SAS 於 Q2 2025 結束時的管理資產規模為 US$1.7億。該機構在本季度申報了 45 檔美股持倉，呈現出該時期的主要投資地圖。
Q2 2025 的申報記錄反映 Graphene Investments SAS 的板塊替換策略：機構本季推動了 16 筆增持與 14 筆減持，籌碼呈現明顯的結構重組。
檢視投資組合結構，前 5 大主力部位（包含 MSFT, AVGO, NVDA）占據了總市值的 18.6%，展現出該機構在 Q2 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 | MSFT | Microsoft CORP | 股票-科技 | 4.47% | +0.15% | -8.61% | |
| 2 | AVGO | Broadcom Inc | 股票-科技 | 4.33% | -0.41% | -14.84% | |
| 3 | NVDA | Nvidia CORP | 股票-科技 | 4.10% | +1.39% | -16.21% | |
| 4 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 4.01% | +2.49% | — | |
| 5 | AAPL | Apple Inc | 股票-科技 | 3.93% | -0.05% | +19.03% | |
| 6 | IRDM | Iridium Communications Inc | 股票-通訊服務 | 2.27% | — | — | |
| 7 | PFE | Pfizer Inc | 股票-醫療保健 | 2.26% | -0.26% | +23.98% | |
| 8 | BNY | Bank Of New York Mellon CORP | 股票-金融 | 2.23% | +0.13% | — | |
| 9 | ITRI | Itron Inc | 股票-科技 | 2.23% | +0.06% | — | |
| 10 | FLEX | Flex Ltd. | 股票-科技 | 2.20% | -0.10% | -5.73% | |
| 11 | DBX | Dropbox Inc-class A | 股票-科技 | 2.17% | +0.38% | +2.38% | |
| 12 | MSI | Motorola Solutions Inc | 股票-科技 | 2.17% | +0.08% | +17.91% | |
| 13 | LLY | Eli Lilly & Co | 股票-醫療保健 | 2.13% | +0.12% | +35.48% | |
| 14 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.13% | -0.01% | — | |
| 15 | FISV | Fiserv Inc | 股票-其他 | 2.12% | — | +51.20% | |
| 16 | MS | Morgan Stanley | 股票-金融 | 2.11% | -0.17% | — | |
| 17 | ATI | Ati Inc | 股票-工業 | 2.08% | -0.01% | -30.90% | |
| 18 | MCK | Mckesson CORP | 股票-醫療保健 | 2.05% | -0.07% | — | |
| 19 | RJF | Raymond James Financial Inc | 股票-金融 | 2.05% | -1.99% | EXIT | |
| 20 | CDW | Cdw Corp/de | 股票-科技 | 2.03% | +0.17% | — | |
| 21 | HCA | Hca Healthcare Inc | 股票-醫療保健 | 2.02% | -0.01% | — | |
| 22 | TMUS | T-mobile US Inc | 股票-通訊服務 | 2.02% | -0.11% | +8.33% | |
| 23 | URI | United Rentals Inc | 股票-工業 | 2.01% | — | -12.77% | |
| 24 | CPAY | Corpay Inc | 股票-科技 | 1.99% | +0.31% | — | |
| 25 | VRTX | Vertex Pharmaceuticals Inc | 股票-醫療保健 | 1.97% | +0.19% | +23.64% | |
| 26 | CNC | Centene CORP | 股票-醫療保健 | 1.97% | — | +21.66% | |
| 27 | BFAM | Bright Horizons Family Solut | 股票-循環性消費 | 1.97% | -0.07% | — | |
| 28 | TENB | Tenable Holdings Inc | 股票-其他 | 1.95% | +0.25% | +18.74% | |
| 29 | EOG | Eog Resources Inc | 股票-能源 | 1.94% | -0.17% | — | |
| 30 | WM | Waste Management Inc | 股票-工業 | 1.92% | -0.13% | — | |
| 31 | PINS | Pinterest Inc- Class A | 股票-通訊服務 | 1.92% | -0.01% | -1.44% | |
| 32 | P | Everpure Inc-a | 股票-科技 | 1.91% | -1.62% | EXIT | |
| 33 | IQV | Iqvia Holdings Inc | 股票-醫療保健 | 1.89% | +0.36% | +22.67% | |
| 34 | BURL | Burlington Stores Inc | 股票-循環性消費 | 1.88% | -0.35% | — | |
| 35 | BBWI | Bath & Body Works Inc | 股票-循環性消費 | 1.87% | — | +2.25% | |
| 36 | JAZZ | Jazz Pharmaceuticals plc | 股票-醫療保健 | 1.85% | -0.17% | +30.10% | |
| 37 | VRT | Vertiv Holdings Co-a | 股票-工業 | 1.85% | -0.06% | -24.83% | |
| 38 | RGA | Reinsurance Group Of America | 股票-金融 | 1.85% | +0.15% | — | |
| 39 | BKR | Baker Hughes Co | 股票-能源 | 1.84% | -0.11% | — | |
| 40 | ON | On Semiconductor | 股票-科技 | 1.81% | -0.11% | -10.64% | |
| 41 | PATH | Uipath Inc - Class A | 股票-科技 | 1.80% | +0.12% | -13.26% | |
| 42 | CRM | Salesforce Inc | 股票-科技 | 1.80% | -0.08% | — | |
| 43 | GAP | Gap Inc/the | 股票-循環性消費 | 1.66% | +0.09% | -4.56% | |
| 44 | NXT | Nextpower Inc-cl A | 股票-科技 | 1.62% | -0.14% | -22.01% | |
| 45 | INTC | Intel CORP | 股票-科技 | 1.60% | -0.06% | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | IRDM | Iridium Communications Inc | +2.3% | NEW | 新建倉 |
| 2 | EOG | Eog Resources Inc | +1.9% | NEW | 新建倉 |
| 3 | AVGO | Broadcom Inc | +0.9% | -14.84% | 減碼 |
| 4 | FLEX | Flex Ltd. | +0.5% | -5.73% | 減碼 |
| 5 | NVDA | Nvidia CORP | +0.3% | -16.21% | 減碼 |
| 6 | MSFT | Microsoft CORP | +0.3% | -8.61% | 減碼 |
| 7 | P | Everpure Inc-a | +0.3% | +2.62% | 加碼 |
| 8 | VRT | Vertiv Holdings Co-a | +0.3% | -24.83% | 減碼 |
| 9 | LLY | Eli Lilly & Co | +0.3% | +35.48% | 加碼 |
| 10 | ITRI | Itron Inc | +0.2% | — | 不變 |
| 11 | MS | Morgan Stanley | +0.2% | — | 不變 |
| 12 | PFE | Pfizer Inc | +0.1% | +23.98% | 加碼 |
| 13 | FISV | Fiserv Inc | +0.1% | +51.20% | 加碼 |
| 14 | GOOGL | Alphabet Inc-cl A | +0.1% | — | 不變 |
| 15 | AMZN | Amazon.com Inc | +0.1% | — | 不變 |
| 16 | ATI | Ati Inc | +0.1% | -30.90% | 減碼 |
| 17 | ON | On Semiconductor | +0.1% | -10.64% | 減碼 |
| 18 | TENB | Tenable Holdings Inc | 0% | +18.74% | 加碼 |
| 19 | MSI | Motorola Solutions Inc | 0% | +17.91% | 加碼 |
| 20 | PINS | Pinterest Inc- Class A | 0% | -1.44% | 減碼 |
| 21 | VRTX | Vertex Pharmaceuticals Inc | 0% | +23.64% | 加碼 |
| 22 | CDW | Cdw Corp/de | 0% | — | 不變 |
| 23 | HCA | Hca Healthcare Inc | 0% | — | 不變 |
| 24 | JAZZ | Jazz Pharmaceuticals plc | 0% | +30.10% | 加碼 |
| 25 | RJF | Raymond James Financial Inc | 0% | — | 不變 |
| 26 | DBX | Dropbox Inc-class A | 0% | +2.38% | 加碼 |
| 27 | IQV | Iqvia Holdings Inc | 0% | +22.67% | 加碼 |
| 28 | MCK | Mckesson CORP | -0.1% | — | 不變 |
| 29 | CNC | Centene CORP | -0.1% | +21.66% | 加碼 |
| 30 | BNY | Bank Of New York Mellon CORP | -0.1% | — | 不變 |
| 31 | PATH | Uipath Inc - Class A | -0.1% | -13.26% | 減碼 |
| 32 | AAPL | Apple Inc | -0.1% | +19.03% | 加碼 |
| 33 | URI | United Rentals Inc | -0.1% | -12.77% | 減碼 |
| 34 | CRM | Salesforce Inc | -0.2% | — | 不變 |
| 35 | NXT | Nextpower Inc-cl A | -0.2% | -22.01% | 減碼 |
| 36 | GAP | Gap Inc/the | -0.2% | -4.56% | 減碼 |
| 37 | BBWI | Bath & Body Works Inc | -0.2% | +2.25% | 加碼 |
| 38 | RGA | Reinsurance Group Of America | -0.2% | — | 不變 |
| 39 | INTC | Intel CORP | -0.2% | — | 不變 |
| 40 | WM | Waste Management Inc | -0.3% | — | 不變 |
| 41 | BURL | Burlington Stores Inc | -0.3% | — | 不變 |
| 42 | BFAM | Bright Horizons Family Solut | -0.3% | — | 不變 |
| 43 | TMUS | T-mobile US Inc | -0.3% | +8.33% | 加碼 |
| 44 | CPAY | Corpay Inc | -0.4% | — | 不變 |
| 45 | BKR | Baker Hughes Co | -0.5% | — | 不變 |
| 46 | COTY | Coty Inc-cl A | -2.1% | EXIT | 清倉 |
| 47 | OXY | Occidental Petroleum CORP | -2.1% | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Graphene Investments SAS 在 Q2 2025 季度的美股持倉總市值約為 US$1.7億，共申報了 45 個公開持股部位。
在 Q2 2025 季度，Graphene Investments SAS 按市值排列的前三大核心持股分別為：MSFT (4.5%)、AVGO (4.3%)、NVDA (4.1%)。其中最大持股部位 MSFT 佔據整體投資組合約 4.5% 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
IRDM
市值: US$347.9萬
本季最大獲利了結 / 清倉標的
OXY
前期市值: US$291.7萬
在 Q2 2025 季度中，Graphene Investments SAS 共進行了 30 項持倉異動，包含新建倉 2 個部位、加碼 14 個部位、減碼 12 個部位以及清倉 2 個部位。 其中最大新建倉標的為 IRDM。 本季清倉部位包含 OXY。
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。