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: 0000919185
申報總市值
US$41.1億
US$41.1億
253 檔
14.7%
在 Q1 2025 申報期間，Highbridge Capital Management LLC（CIK: 0000919185）向美國 SEC 提交的 Form 13F 報告顯示，其追蹤之股票投資組合總市值達 US$41.1億，共持有 253 個公開申報部位。
Highbridge Capital Management LLC 於 Q1 2025 展現出進攻型調倉步調，本季推動了 200 檔股票的新建倉與 0 檔既有部位加碼，整體資金傾向擴大在美股市場的曝險佈局。
在資產配置集中度方面，Highbridge Capital Management LLC 的前 5 大核心持股（包含 ISHARES TR, F 0 03-15-26, IWM 等）合計佔整體申報市值的 14.7%，反映機構在主要關鍵部位上的權重分佈。
僅顯示前 200 大持股（共 253 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 | ✓ | Ishares Tr | 股票-其他 | 8.08% | +0.16% | — | |
| 2 | F 0 03-15-26債券 | Ford Motor Company | 債券 | 5.45% | — | -2.83% | |
| 3 | IWM | Ishares Russell 2000 ETF | ETF-中小型股 | 3.78% | — | — | |
| 4 | FE 4 05-01-26債券 | Firstenergy CORP | 債券 | 3.69% | — | -8.16% | |
| 5 | ALNY 1 09-15-27債券 | Alnylam Pharmaceuticals | 債券 | 3.46% | — | -7.50% | |
| 6 | HES | Hess CORP | 股票-其他 | 3.41% | — | -9.02% | |
| 7 | BAC 0.6 05-25-27 MTN債券 | Bofa Finance LLC | 債券 | 3.35% | +0.13% | +22.06% | |
| 8 | PODD 0.375 09-01-26債券 | Insulet Corporation | 債券 | 2.73% | — | +114.24% | |
| 9 | STX 3.5 06-01-28債券 | Seagate Hdd Cayman | 債券 | 2.44% | — | — | |
| 10 | VTR 3.75 06-01-26債券 | Ventas Realty LP | 債券 | 2.32% | — | +12.50% | |
| 11 | SPOT 0 03-15-26債券 | Spotify USA Inc | 債券 | 2.29% | — | — | |
| 12 | UBER 0 12-15-25債券 | Uber Technologies Inc | 債券 | 2.26% | — | +40.00% | |
| 13 | AEBA | Allete Inc | 股票-其他 | 2.22% | — | -0.81% | |
| 14 | DUK 4.125 04-15-26債券 | Duke Energy CORP | 債券 | 2.18% | — | +32.78% | |
| 15 | EVRG 4.5 12-15-27債券 | Evergy Inc | 債券 | 2.14% | — | +83.67% | |
| 16 | BSY 0.125 01-15-26債券 | Bentley Systems Inc | 債券 | 2.13% | — | +37.17% | |
| 17 | NTNX 0.25 10-01-27債券 | Nutanix Inc | 債券 | 2.03% | — | +58.47% | |
| 18 | LUV 1.25 05-01-25債券 | Southwest Airlines Co | 債券 | 1.98% | — | -33.86% | |
| 19 | SO 3.875 12-15-25債券 | Southern Co | 債券 | 1.82% | — | -33.33% | |
| 20 | VIAV 1.625 03-15-26債券 | Viavi Solutions Inc | 債券 | 1.65% | — | -5.59% | |
| 21 | QTWO 0.75 06-01-26債券 | Q2 Holdings Inc | 債券 | 1.62% | — | +281.25% | |
| 22 | FYBR | Frontier Communications Pare | 股票-其他 | 1.62% | — | +2.77% | |
| 23 | UBER 0.875 12-01-28 2028債券 | Uber Technologies Inc | 債券 | 1.59% | — | — | |
| 24 | DBX 0 03-01-26債券 | Dropbox Inc | 債券 | 1.56% | — | — | |
| 25 | ITRI 0 03-15-26債券 | Itron Inc | 債券 | 1.46% | — | -23.91% | |
| 26 | SRPT 1.25 09-15-27債券 | Sarepta Therapeutics Inc | 債券 | 1.43% | -0.57% | -33.91% | |
| 27 | AMED | Amedisys Inc | 股票-其他 | 1.23% | — | -13.87% | |
| 28 | BTSG 6.75 02-01-27債券 | Brightspring Health Serv | 債券 | 1.20% | — | -15.77% | |
| 29 | CRNC 1.5 07-01-28債券 | Cerence Inc | 債券 | 1.12% | — | +23.48% | |
| 30 | NIO 3.875 10-15-29債券 | Nio Inc | 債券 | 1.09% | +0.21% | NEW | |
| 31 | KKR 6.25 03-01-28 D債券 | Kkr & Co Inc | 債券 | 1.05% | — | — | |
| 32 | SSRMCN 2.5 04-01-39債券 | Ssr Mining Inc | 債券 | 1.05% | — | — | |
| 33 | NBR | Nabors Industries Ltd. | 股票-其他 | 1.04% | — | — | |
| 34 | KEL | Kellanova | 股票-其他 | 1.02% | — | -17.76% | |
| 35 | HLF 4.25 06-15-28債券 | Herbalife LTD | 債券 | 1.01% | — | -10.83% | |
| 36 | ARAY 3.75 06-01-26債券 | Accuray Inc | 債券 | 0.99% | — | — | |
| 37 | G2C | Everi Holdings Inc | 股票-其他 | 0.96% | — | +24.66% | |
| 38 | FWONA | Liberty Media Corp-formula-a | 股票-其他 | 0.94% | — | -2.70% | |
| 39 | DBX 0 03-01-28債券 | Dropbox Inc | 債券 | 0.92% | — | — | |
| 40 | HEI-A | Heico Corp-class A | 股票-其他 | 0.92% | — | -24.31% | |
| 41 | SEALTD 2.375 12-01-25債券 | Sea LTD | 債券 | 0.91% | — | -56.34% | |
| 42 | ITCIEUR | Intra-cellular Therapies Inc | 股票-其他 | 0.76% | — | — | |
| 43 | IMCR 2.5 02-01-30債券 | Immunocore Holdings | 債券 | 0.72% | — | — | |
| 44 | CHRS 1.5 04-15-26債券 | Coherus Oncology Inc | 債券 | 0.70% | — | — | |
| 45 | CENTA | Central Garden And Pet Co-a | 股票-其他 | 0.63% | — | -30.41% | |
| 46 | ✓ | 股票-其他 | 0.63% | — | — | ||
| 47 | EAF | GrafTech International Ltd. | 股票-其他 | 0.62% | -0.53% | EXIT | |
| 48 | GPRE 2.25 03-15-27債券 | Green Plains Inc | 債券 | 0.62% | — | -48.61% | |
| 49 | IART 0.5 08-15-25債券 | Integra Lifesciences Hld | 債券 | 0.61% | — | — | |
| 50 | GOSS 5 06-01-27債券 | Gossamer Bio Inc | 債券 | 0.57% | -0.08% | EXIT |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | ✓ | Ishares Tr | — | NEW | 新建倉 |
| 2 | F 0 03-15-26債券 | Ford Motor Company | — | NEW | 新建倉 |
| 3 | IWM | Ishares Russell 2000 ETF | — | NEW | 新建倉 |
| 4 | FE 4 05-01-26債券 | Firstenergy CORP | — | NEW | 新建倉 |
| 5 | ALNY 1 09-15-27債券 | Alnylam Pharmaceuticals | — | NEW | 新建倉 |
| 6 | HES | Hess CORP | — | NEW | 新建倉 |
| 7 | BAC 0.6 05-25-27 MTN債券 | Bofa Finance LLC | — | NEW | 新建倉 |
| 8 | PODD 0.375 09-01-26債券 | Insulet Corporation | — | NEW | 新建倉 |
| 9 | STX 3.5 06-01-28債券 | Seagate Hdd Cayman | — | NEW | 新建倉 |
| 10 | VTR 3.75 06-01-26債券 | Ventas Realty LP | — | NEW | 新建倉 |
| 11 | SPOT 0 03-15-26債券 | Spotify USA Inc | — | NEW | 新建倉 |
| 12 | UBER 0 12-15-25債券 | Uber Technologies Inc | — | NEW | 新建倉 |
| 13 | AEBA | Allete Inc | — | NEW | 新建倉 |
| 14 | DUK 4.125 04-15-26債券 | Duke Energy CORP | — | NEW | 新建倉 |
| 15 | EVRG 4.5 12-15-27債券 | Evergy Inc | — | NEW | 新建倉 |
| 16 | BSY 0.125 01-15-26債券 | Bentley Systems Inc | — | NEW | 新建倉 |
| 17 | NTNX 0.25 10-01-27債券 | Nutanix Inc | — | NEW | 新建倉 |
| 18 | LUV 1.25 05-01-25債券 | Southwest Airlines Co | — | NEW | 新建倉 |
| 19 | SO 3.875 12-15-25債券 | Southern Co | — | NEW | 新建倉 |
| 20 | VIAV 1.625 03-15-26債券 | Viavi Solutions Inc | — | NEW | 新建倉 |
| 21 | QTWO 0.75 06-01-26債券 | Q2 Holdings Inc | — | NEW | 新建倉 |
| 22 | FYBR | Frontier Communications Pare | — | NEW | 新建倉 |
| 23 | UBER 0.875 12-01-28 2028債券 | Uber Technologies Inc | — | NEW | 新建倉 |
| 24 | DBX 0 03-01-26債券 | Dropbox Inc | — | NEW | 新建倉 |
| 25 | ITRI 0 03-15-26債券 | Itron Inc | — | NEW | 新建倉 |
| 26 | SRPT 1.25 09-15-27債券 | Sarepta Therapeutics Inc | — | NEW | 新建倉 |
| 27 | AMED | Amedisys Inc | — | NEW | 新建倉 |
| 28 | BTSG 6.75 02-01-27債券 | Brightspring Health Serv | — | NEW | 新建倉 |
| 29 | CRNC 1.5 07-01-28債券 | Cerence Inc | — | NEW | 新建倉 |
| 30 | NIO 3.875 10-15-29債券 | Nio Inc | — | NEW | 新建倉 |
| 31 | KKR 6.25 03-01-28 D債券 | Kkr & Co Inc | — | NEW | 新建倉 |
| 32 | SSRMCN 2.5 04-01-39債券 | Ssr Mining Inc | — | NEW | 新建倉 |
| 33 | NBR | Nabors Industries Ltd. | — | NEW | 新建倉 |
| 34 | KEL | Kellanova | — | NEW | 新建倉 |
| 35 | HLF 4.25 06-15-28債券 | Herbalife LTD | — | NEW | 新建倉 |
| 36 | ARAY 3.75 06-01-26債券 | Accuray Inc | — | NEW | 新建倉 |
| 37 | G2C | Everi Holdings Inc | — | NEW | 新建倉 |
| 38 | FWONA | Liberty Media Corp-formula-a | — | NEW | 新建倉 |
| 39 | DBX 0 03-01-28債券 | Dropbox Inc | — | NEW | 新建倉 |
| 40 | HEI-A | Heico Corp-class A | — | NEW | 新建倉 |
| 41 | SEALTD 2.375 12-01-25債券 | Sea LTD | — | NEW | 新建倉 |
| 42 | ITCIEUR | Intra-cellular Therapies Inc | — | NEW | 新建倉 |
| 43 | IMCR 2.5 02-01-30債券 | Immunocore Holdings | — | NEW | 新建倉 |
| 44 | CHRS 1.5 04-15-26債券 | Coherus Oncology Inc | — | NEW | 新建倉 |
| 45 | CENTA | Central Garden And Pet Co-a | — | NEW | 新建倉 |
| 46 | ✓ | — | NEW | 新建倉 | |
| 47 | EAF | GrafTech International Ltd. | — | NEW | 新建倉 |
| 48 | GPRE 2.25 03-15-27債券 | Green Plains Inc | — | NEW | 新建倉 |
| 49 | IART 0.5 08-15-25債券 | Integra Lifesciences Hld | — | NEW | 新建倉 |
| 50 | GOSS 5 06-01-27債券 | Gossamer Bio Inc | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Highbridge Capital Management LLC 在 Q1 2025 季度的美股持倉總市值約為 US$41.1億，共申報了 253 個公開持股部位。
在 Q1 2025 季度，Highbridge Capital Management LLC 按市值排列的前三大核心持股分別為：ISHARES TR (8.1%)、F 0 03-15-26 (5.5%)、IWM (3.8%)。其中最大持股部位 ISHARES TR 佔據整體投資組合約 8.1% 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
ISHARES TR
市值: US$2.0億
在 Q1 2025 季度中，Highbridge Capital Management LLC 共進行了 200 項持倉異動，包含新建倉 200 個部位、加碼 0 個部位、減碼 0 個部位以及清倉 0 個部位。 其中最大新建倉標的為 ISHARES TR。
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。