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: 0001092838
申報總市值
US$2.8億
US$2.8億
112 檔
24.8%
截至 Q2 2025 季度末，Intrepid Capital Management Inc 的美股持倉估值約為 US$2.8億，全數申報部位共有 112 檔。
觀察 Q2 2025 的申報異動，Intrepid Capital Management Inc 採取了強勁的買進策略，建倉與加碼動作（合計 67 筆）涵蓋多個核心板塊，展現機構對特定產業前景之樂觀態度。
檢視投資組合結構，前 5 大主力部位（包含 GPRE 2.25 03-15-27, REAL 1 03-01-28, DUHP）占據了總市值的 24.8%，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 | GPRE 2.25 03-15-27債券 | Green Plains Inc | 債券 | 8.92% | — | +60.00% | |
| 2 | REAL 1 03-01-28債券 | THE Realreal Inc | 債券 | 6.56% | — | +7.91% | |
| 3 | DUHP | Dimensional US High Profi Et | ETF-其他 | 6.03% | +0.29% | -2.61% | |
| 4 | PMT 8.5 06-01-29債券 | Pennymac CORP | 債券 | 3.69% | +0.38% | — | |
| 5 | LIEN | Chicago Atlantic Bdc Inc | 股票-其他 | 3.19% | -0.09% | +0.41% | |
| 6 | CEF | Sprott Physical Gold And Sil | 股票-其他 | 2.86% | -0.90% | +0.71% | |
| 7 | PMT 5.5 03-15-26債券 | Pennymac CORP | 債券 | 2.85% | — | — | |
| 8 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 2.69% | -0.35% | +7.76% | |
| 9 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 2.57% | +0.13% | -1.18% | |
| 10 | FRPH | Frp Holdings Inc | 股票-其他 | 1.92% | +0.08% | +4.66% | |
| 11 | IAU | Ishares Gold Trust | ETF-避險與商品 | 1.89% | -0.54% | +0.33% | |
| 12 | JUCY | Aptus Enhanced Yield ETF | ETF-其他 | 1.76% | — | -10.76% | |
| 13 | PM | Philip Morris International | 股票-非循環性消費 | 1.60% | +0.14% | +15.94% | |
| 14 | WRB | Wr Berkley CORP | 股票-金融 | 1.59% | -0.02% | +1.58% | |
| 15 | LLYVA* | Liberty Media Corp-liberty-a | 股票-其他 | 1.49% | — | -7.18% | |
| 16 | FN | Fabrinet | 股票-科技 | 1.47% | — | +16.61% | |
| 17 | SKAA | Skechers USA Inc-cl A | 股票-其他 | 1.44% | — | +1.03% | |
| 18 | BATRK | Atlanta Braves Holdings In-c | 股票-其他 | 1.42% | +0.15% | +76.20% | |
| 19 | NVDA | Nvidia CORP | 股票-科技 | 1.38% | +0.22% | +11.41% | |
| 20 | MSFT | Microsoft CORP | 股票-科技 | 1.23% | -0.14% | +16.19% | |
| 21 | REFI | Chicago Atlantic Real Estate | 股票-其他 | 1.22% | -0.04% | -0.41% | |
| 22 | TJX | Tjx Companies Inc | 股票-循環性消費 | 1.20% | -0.18% | +1.15% | |
| 23 | TTWO | Take-two Interactive Softwre | 股票-通訊服務 | 1.18% | +0.15% | -2.86% | |
| 24 | DLTR | Dollar Tree Inc | 股票-非循環性消費 | 1.18% | +0.02% | +2.14% | |
| 25 | AGG | Ishares Core U.s. Aggregate | ETF-其他 | 1.15% | — | +543.29% | |
| 26 | SII | Sprott Inc | 股票-其他 | 1.12% | -0.62% | -1.82% | |
| 27 | HHH | Howard Hughes Holdings Inc | 股票-房地產 | 1.07% | +0.49% | +4.61% | |
| 28 | BJ | Bj's Wholesale Club Holdings | 股票-非循環性消費 | 1.06% | -0.17% | +11.94% | |
| 29 | MTCH | Match Group Inc | 股票-通訊服務 | 1.05% | +0.15% | +20.56% | |
| 30 | CPRT | Copart Inc | 股票-工業 | 1.03% | -0.14% | -0.54% | |
| 31 | GRMN | Garmin Ltd. | 股票-科技 | 1.01% | -0.06% | -4.60% | |
| 32 | AYI | Acuity Inc | 股票-工業 | 0.99% | +0.22% | +0.64% | |
| 33 | AMZN | Amazon.com Inc | 股票-循環性消費 | 0.98% | +0.07% | +1.74% | |
| 34 | ✓ | Wns Holdings LTD | 股票-其他 | 0.96% | — | +116.00% | |
| 35 | AAPL | Apple Inc | 股票-科技 | 0.94% | +0.12% | -6.41% | |
| 36 | MKL | Markel Group Inc | 股票-金融 | 0.94% | -0.07% | -3.67% | |
| 37 | SMG | Scotts Miracle-gro Co | 股票-原物料 | 0.94% | +0.03% | — | |
| 38 | FWONK | Liberty Media Corp-formula-c | 股票-通訊服務 | 0.89% | +0.33% | — | |
| 39 | FCX | Freeport-mcmoran Inc | 股票-原物料 | 0.88% | +0.09% | +9.60% | |
| 40 | GRBK | Green Brick Partners Inc | 股票-其他 | 0.86% | +0.13% | — | |
| 41 | SSNC | Ss&c Technologies Holdings | 股票-科技 | 0.85% | -0.10% | +10.72% | |
| 42 | ABNB | Airbnb Inc-class A | 股票-循環性消費 | 0.85% | +0.03% | — | |
| 43 | PPLI | People Inc | 股票-通訊服務 | 0.84% | +0.05% | +17.90% | |
| 44 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 0.81% | +0.26% | +20.17% | |
| 45 | JEF | Jefferies Financial Group In | 股票-金融 | 0.80% | +0.07% | -7.72% | |
| 46 | REAL 4 02-15-31債券 | THE Realreal Inc | 債券 | 0.80% | — | — | |
| 47 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.79% | +0.11% | +16.00% | |
| 48 | WSO | Watsco Inc | 股票-工業 | 0.77% | +0.04% | -2.20% | |
| 49 | WMT | Walmart Inc | 股票-非循環性消費 | 0.76% | -0.12% | +3.88% | |
| 50 | LEVI | Levi Strauss & Co- Class A | 股票-其他 | 0.73% | +0.17% | -6.04% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | PMT 8.5 06-01-29債券 | Pennymac CORP | +3.7% | NEW | 新建倉 |
| 2 | GPRE 2.25 03-15-27債券 | Green Plains Inc | +2.3% | +60.00% | 加碼 |
| 3 | AGG | Ishares Core U.s. Aggregate | +0.9% | +543.29% | 加碼 |
| 4 | SMG | Scotts Miracle-gro Co | +0.9% | NEW | 新建倉 |
| 5 | FWONK | Liberty Media Corp-formula-c | +0.9% | NEW | 新建倉 |
| 6 | GRBK | Green Brick Partners Inc | +0.9% | NEW | 新建倉 |
| 7 | ABNB | Airbnb Inc-class A | +0.9% | NEW | 新建倉 |
| 8 | REAL 4 02-15-31債券 | THE Realreal Inc | +0.8% | NEW | 新建倉 |
| 9 | BATRK | Atlanta Braves Holdings In-c | +0.6% | +76.20% | 加碼 |
| 10 | FN | Fabrinet | +0.5% | +16.61% | 加碼 |
| 11 | CBOE | Cboe Global Markets Inc | +0.5% | NEW | 新建倉 |
| 12 | ✓ | Wns Holdings LTD | +0.4% | +116.00% | 加碼 |
| 13 | SPOT | Spotify Technology S.A. | +0.4% | NEW | 新建倉 |
| 14 | NVDA | Nvidia CORP | +0.4% | +11.41% | 加碼 |
| 15 | MSFT | Microsoft CORP | +0.3% | +16.19% | 加碼 |
| 16 | SII | Sprott Inc | +0.2% | -1.82% | 減碼 |
| 17 | IBM | Intl Business Machines CORP | +0.2% | NEW | 新建倉 |
| 18 | AMD | Advanced Micro Devices | +0.2% | +15.33% | 加碼 |
| 19 | PM | Philip Morris International | +0.2% | +15.94% | 加碼 |
| 20 | DLTR | Dollar Tree Inc | +0.1% | +2.14% | 加碼 |
| 21 | NEE | Nextera Energy Inc | +0.1% | +111.27% | 加碼 |
| 22 | ONIT | Onity Group Inc | +0.1% | NEW | 新建倉 |
| 23 | QQQ | Invesco Qqq Trust Series 1 | +0.1% | +20.17% | 加碼 |
| 24 | TT | Trane Technologies plc | +0.1% | NEW | 新建倉 |
| 25 | CALY | Callaway Golf Company | +0.1% | NEW | 新建倉 |
| 26 | KO | Coca-cola Co/the | +0.1% | NEW | 新建倉 |
| 27 | LDRX | Sgi Enhanced Market Lea ETF | +0.1% | NEW | 新建倉 |
| 28 | TSLA | Tesla Inc | +0.1% | +17.85% | 加碼 |
| 29 | CSCO | Cisco Systems Inc | +0.1% | NEW | 新建倉 |
| 30 | TRIP | Tripadvisor Inc | +0.1% | NEW | 新建倉 |
| 31 | GOOGL | Alphabet Inc-cl A | +0.1% | +7.76% | 加碼 |
| 32 | FCX | Freeport-mcmoran Inc | 0% | +9.60% | 加碼 |
| 33 | TOST | Toast Inc-class A | 0% | +1.34% | 加碼 |
| 34 | ✓ | Origin Agritech Limited | 0% | NEW | 新建倉 |
| 35 | PLTR | Palantir Technologies Inc-a | 0% | -20.01% | 減碼 |
| 36 | META | Meta Platforms Inc-class A | 0% | +5.61% | 加碼 |
| 37 | PWR | Quanta Services Inc | 0% | — | 不變 |
| 38 | CG | Carlyle Group Inc/the | 0% | +5.79% | 加碼 |
| 39 | T | At&t Inc | 0% | +23.16% | 加碼 |
| 40 | JPM | Jpmorgan Chase & Co | 0% | +3.06% | 加碼 |
| 41 | GLD | Spdr Gold Shares | 0% | +16.84% | 加碼 |
| 42 | PUBM | Pubmatic Inc-class A | 0% | — | 不變 |
| 43 | MTCH | Match Group Inc | — | +20.56% | 加碼 |
| 44 | NKE | Nike Inc -cl B | — | +6.62% | 加碼 |
| 45 | GOOG | Alphabet Inc-cl C | — | +3.28% | 加碼 |
| 46 | CAT | Caterpillar Inc | — | — | 不變 |
| 47 | JOB | Gee Group Inc | — | — | 不變 |
| 48 | COST | Costco Wholesale CORP | 0% | +10.08% | 加碼 |
| 49 | IVV | Ishares Core S&p 500 ETF | 0% | -0.42% | 減碼 |
| 50 | PG | Procter & Gamble Co/the | 0% | +18.62% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Intrepid Capital Management Inc 在 Q2 2025 季度的美股持倉總市值約為 US$2.8億，共申報了 112 個公開持股部位。
在 Q2 2025 季度，Intrepid Capital Management Inc 按市值排列的前三大核心持股分別為：GPRE 2.25 03-15-27 (8.9%)、REAL 1 03-01-28 (6.6%)、DUHP (6.0%)。其中最大持股部位 GPRE 2.25 03-15-27 佔據整體投資組合約 8.9% 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
PMT 8.5 06-01-29
市值: US$909.0萬
本季最大獲利了結 / 清倉標的
REAL 3 06-15-25
前期市值: US$311.3萬
在 Q2 2025 季度中，Intrepid Capital Management Inc 共進行了 104 項持倉異動，包含新建倉 17 個部位、加碼 50 個部位、減碼 26 個部位以及清倉 11 個部位。 其中最大新建倉標的為 PMT 8.5 06-01-29。 本季清倉部位包含 REAL 3 06-15-25。
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。