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。
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CIK: 0001393825
申報總市值
US$368.3億
US$368.3億
911 檔
18.9%
在 Q1 2025 申報期間，Hudson Bay Capital Management LP（CIK: 0001393825）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$368.3億，共持有 911 個公開申報部位。
Q1 2025 數據顯示 Hudson Bay Capital Management LP 積極進場，新開立 200 個部位並同步加碼 0 檔個股，反映機構在該季度的資金注入與籌碼積累。
在資產配置集中度方面，Hudson Bay Capital Management LP 的前 5 大核心持股（包含 NVDA, TSLA, SPY 等）合計佔整體申報市值的 18.9%，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 911 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 | 7.66% | -3.20% | +29.28% | |
| 2 | TSLA | Tesla Inc | 股票-循環性消費 | 4.11% | -0.34% | +53.16% | |
| 3 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 3.80% | -1.00% | +59.14% | |
| 4 | IWM | Ishares Russell 2000 ETF | ETF-中小型股 | 3.04% | -0.96% | +392.09% | |
| 5 | MSFT | Microsoft CORP | 股票-科技 | 2.84% | +0.23% | +38.23% | |
| 6 | AMD | Advanced Micro Devices | 股票-科技 | 2.65% | +0.86% | +49.76% | |
| 7 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 2.62% | -0.14% | +42.81% | |
| 8 | AAPL | Apple Inc | 股票-科技 | 2.62% | -2.38% | -2.85% | |
| 9 | HYG | Ishr Ibx Usd Hiyld Cb Etf-ui | ETF-非投資等級債 | 2.56% | -0.40% | +5447.37% | |
| 10 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 2.34% | +0.46% | +85.82% | |
| 11 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.30% | -0.01% | -29.50% | |
| 12 | LLY | Eli Lilly & Co | 股票-醫療保健 | 1.51% | +0.34% | -5.30% | |
| 13 | COIN | Coinbase Global Inc -class A | 股票-金融 | 1.41% | -0.42% | +90.51% | |
| 14 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 1.40% | +2.30% | +135.48% | |
| 15 | MSTR | Strategy Inc | 股票-科技 | 1.39% | -0.01% | +26.79% | |
| 16 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 1.31% | +3.47% | +34.57% | |
| 17 | FLG | Flagstar Bank NA | 股票-金融 | 1.24% | -1.19% | -7.00% | |
| 18 | BAC | Bank Of America CORP | 股票-金融 | 1.05% | — | +170.43% | |
| 19 | DLTR | Dollar Tree Inc | 股票-非循環性消費 | 1.05% | -0.09% | -4.44% | |
| 20 | BA | Boeing Co/the | 股票-工業 | 0.98% | +0.23% | +15.47% | |
| 21 | PM | Philip Morris International | 股票-非循環性消費 | 0.98% | — | — | |
| 22 | FE 4 05-01-26債券 | Firstenergy CORP | 債券 | 0.97% | — | +2.98% | |
| 23 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.92% | +0.51% | +2343.54% | |
| 24 | CNX 2.25 05-01-26債券 | Cnx Resources CORP | 債券 | 0.89% | — | +3.19% | |
| 25 | UBER | Uber Technologies Inc | 股票-工業 | 0.85% | +0.07% | +59.15% | |
| 26 | AVGO | Broadcom Inc | 股票-科技 | 0.83% | -0.98% | +699.90% | |
| 27 | SO 3.875 12-15-25債券 | Southern Co | 債券 | 0.77% | — | +104.92% | |
| 28 | TXN | Texas Instruments Inc | 股票-科技 | 0.76% | -0.11% | +21.57% | |
| 29 | ADBE | Adobe Inc | 股票-科技 | 0.74% | +0.02% | +606.23% | |
| 30 | ADI | Analog Devices Inc | 股票-科技 | 0.72% | — | — | |
| 31 | ASML | ASML Holding N.V. | 股票-科技 | 0.72% | +0.19% | +123.51% | |
| 32 | AMGN | Amgen Inc | 股票-醫療保健 | 0.70% | +0.55% | NEW | |
| 33 | HES | Hess CORP | 股票-其他 | 0.69% | — | -14.92% | |
| 34 | ISRG | Intuitive Surgical Inc | 股票-醫療保健 | 0.63% | +0.46% | — | |
| 35 | PYPL | Paypal Holdings Inc | 股票-金融 | 0.62% | — | +10.69% | |
| 36 | C | Citigroup Inc | 股票-金融 | 0.60% | -0.18% | +244.75% | |
| 37 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.59% | +0.78% | -24.71% | |
| 38 | DASH | Doordash Inc - A | 股票-循環性消費 | 0.59% | -0.01% | EXIT | |
| 39 | DIS | Walt Disney Co/the | 股票-通訊服務 | 0.55% | -0.73% | EXIT | |
| 40 | FLUT | Flutter Entertainment plc | 股票-循環性消費 | 0.52% | -0.01% | +20.85% | |
| 41 | MS | Morgan Stanley | 股票-金融 | 0.51% | +0.24% | — | |
| 42 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.50% | +1.08% | +4366.12% | |
| 43 | CDNS | Cadence Design Sys Inc | 股票-科技 | 0.48% | — | +1567.25% | |
| 44 | NFLX | Netflix Inc | 股票-通訊服務 | 0.48% | -2.02% | +151.93% | |
| 45 | BP | Bp Plc-spons Adr | 股票-能源 | 0.47% | — | +350.00% | |
| 46 | RIG 4.625 09-30-29 *債券 | Transocean Interntnl LTD | 債券 | 0.45% | -0.42% | — | |
| 47 | HOOD | Robinhood Markets Inc - A | 股票-金融 | 0.45% | -0.04% | -12.00% | |
| 48 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 0.43% | -0.46% | -68.30% | |
| 49 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.42% | — | +2743.70% | |
| 50 | COF | Capital One Financial CORP | 股票-金融 | 0.41% | +0.01% | +57.92% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | — | NEW | 新建倉 |
| 2 | TSLA | Tesla Inc | — | NEW | 新建倉 |
| 3 | SPY | Ss Spdr S&p 500 ETF Trust-us | — | NEW | 新建倉 |
| 4 | IWM | Ishares Russell 2000 ETF | — | NEW | 新建倉 |
| 5 | MSFT | Microsoft CORP | — | NEW | 新建倉 |
| 6 | AMD | Advanced Micro Devices | — | NEW | 新建倉 |
| 7 | BRK-B | Berkshire Hathaway Inc-cl B | — | NEW | 新建倉 |
| 8 | AAPL | Apple Inc | — | NEW | 新建倉 |
| 9 | HYG | Ishr Ibx Usd Hiyld Cb Etf-ui | — | NEW | 新建倉 |
| 10 | QQQ | Invesco Qqq Trust Series 1 | — | NEW | 新建倉 |
| 11 | AMZN | Amazon.com Inc | — | NEW | 新建倉 |
| 12 | LLY | Eli Lilly & Co | — | NEW | 新建倉 |
| 13 | COIN | Coinbase Global Inc -class A | — | NEW | 新建倉 |
| 14 | GOOGL | Alphabet Inc-cl A | — | NEW | 新建倉 |
| 15 | MSTR | Strategy Inc | — | NEW | 新建倉 |
| 16 | TSM | Taiwan Semiconductor-sp Adr | — | NEW | 新建倉 |
| 17 | FLG | Flagstar Bank NA | — | NEW | 新建倉 |
| 18 | BAC | Bank Of America CORP | — | NEW | 新建倉 |
| 19 | DLTR | Dollar Tree Inc | — | NEW | 新建倉 |
| 20 | BA | Boeing Co/the | — | NEW | 新建倉 |
| 21 | PM | Philip Morris International | — | NEW | 新建倉 |
| 22 | FE 4 05-01-26債券 | Firstenergy CORP | — | NEW | 新建倉 |
| 23 | ABBV | Abbvie Inc | — | NEW | 新建倉 |
| 24 | CNX 2.25 05-01-26債券 | Cnx Resources CORP | — | NEW | 新建倉 |
| 25 | UBER | Uber Technologies Inc | — | NEW | 新建倉 |
| 26 | AVGO | Broadcom Inc | — | NEW | 新建倉 |
| 27 | SO 3.875 12-15-25債券 | Southern Co | — | NEW | 新建倉 |
| 28 | TXN | Texas Instruments Inc | — | NEW | 新建倉 |
| 29 | ADBE | Adobe Inc | — | NEW | 新建倉 |
| 30 | ADI | Analog Devices Inc | — | NEW | 新建倉 |
| 31 | ASML | ASML Holding N.V. | — | NEW | 新建倉 |
| 32 | AMGN | Amgen Inc | — | NEW | 新建倉 |
| 33 | HES | Hess CORP | — | NEW | 新建倉 |
| 34 | ISRG | Intuitive Surgical Inc | — | NEW | 新建倉 |
| 35 | PYPL | Paypal Holdings Inc | — | NEW | 新建倉 |
| 36 | C | Citigroup Inc | — | NEW | 新建倉 |
| 37 | META | Meta Platforms Inc-class A | — | NEW | 新建倉 |
| 38 | DASH | Doordash Inc - A | — | NEW | 新建倉 |
| 39 | DIS | Walt Disney Co/the | — | NEW | 新建倉 |
| 40 | FLUT | Flutter Entertainment plc | — | NEW | 新建倉 |
| 41 | MS | Morgan Stanley | — | NEW | 新建倉 |
| 42 | GOOG | Alphabet Inc-cl C | — | NEW | 新建倉 |
| 43 | CDNS | Cadence Design Sys Inc | — | NEW | 新建倉 |
| 44 | NFLX | Netflix Inc | — | NEW | 新建倉 |
| 45 | BP | Bp Plc-spons Adr | — | NEW | 新建倉 |
| 46 | RIG 4.625 09-30-29 *債券 | Transocean Interntnl LTD | — | NEW | 新建倉 |
| 47 | HOOD | Robinhood Markets Inc - A | — | NEW | 新建倉 |
| 48 | UNH | Unitedhealth Group Inc | — | NEW | 新建倉 |
| 49 | COST | Costco Wholesale CORP | — | NEW | 新建倉 |
| 50 | COF | Capital One Financial CORP | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Hudson Bay Capital Management LP 在 Q1 2025 季度的美股持倉總市值約為 US$368.3億，共申報了 911 個公開持股部位。
在 Q1 2025 季度，Hudson Bay Capital Management LP 按市值排列的前三大核心持股分別為：NVDA (7.7%)、TSLA (4.1%)、SPY (3.8%)。其中最大持股部位 NVDA 佔據整體投資組合約 7.7% 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
NVDA
市值: US$24.8億
在 Q1 2025 季度中，Hudson Bay Capital Management LP 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 NVDA。
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。