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: 0000096223
申報總市值
US$151.9億
US$151.9億
1124 檔
61.5%
根據最新整理的 13F 季度數據集，Jefferies Financial Group Inc. 於 Q3 2025 結束時的管理資產規模為 US$151.9億。該機構在本季度申報了 1124 檔美股持倉，呈現出該時期的主要投資地圖。
觀察 Q3 2025 的申報異動，Jefferies Financial Group Inc. 採取了強勁的買進策略，建倉與加碼動作（合計 130 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。
整體而言，Jefferies Financial Group Inc. 的前 5 大持股（包含 GLD, SPY, VGT）貢獻了組合市值的 61.5%，形成該機構在 Q3 2025 季度的基本面基石。
僅顯示前 200 大持股（共 1124 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 | GLD | Spdr Gold Shares | ETF-避險與商品 | 15.78% | -22.29% | +117.72% | |
| 2 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 12.47% | +6.02% | -5.31% | |
| 3 | VGT | Vanguard Info Tech ETF | ETF-科技型 | 7.93% | — | NEW | |
| 4 | IREN | IREN Limited | 股票-其他 | 4.66% | -0.12% | +1.94% | |
| 5 | WRB | Wr Berkley CORP | 股票-金融 | 3.22% | — | — | |
| 6 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 2.16% | +0.09% | +18.19% | |
| 7 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 2.07% | +0.21% | +16400.52% | |
| 8 | LLY | Eli Lilly & Co | 股票-醫療保健 | 1.91% | -0.07% | +6438.25% | |
| 9 | IWM | Ishares Russell 2000 ETF | ETF-中小型股 | 1.82% | +1.43% | +16.25% | |
| 10 | PEP | Pepsico Inc | 股票-非循環性消費 | 1.74% | +0.01% | +5319.18% | |
| 11 | XLE | Ss Energy Select Sector | ETF-其他 | 1.30% | -1.13% | +199.54% | |
| 12 | CDNS | Cadence Design Sys Inc | 股票-科技 | 1.28% | +0.01% | — | |
| 13 | CVX | Chevron CORP | 股票-能源 | 1.27% | +0.08% | +6415.89% | |
| 14 | C | Citigroup Inc | 股票-金融 | 1.25% | +0.04% | +57.76% | |
| 15 | NXPI | NXP Semiconductors N.V. | 股票-科技 | 0.90% | +0.01% | NEW | |
| 16 | ARGX | Argenx Se - Adr | 股票-醫療保健 | 0.86% | +0.13% | +0.65% | |
| 17 | KKR | Kkr & Co Inc | 股票-金融 | 0.84% | +0.01% | NEW | |
| 18 | XBI | Ss Spdr S&p Biotech ETF | ETF-科技型 | 0.79% | +0.18% | +6.69% | |
| 19 | AAPL | Apple Inc | 股票-科技 | 0.73% | +1.10% | -15.47% | |
| 20 | CELH | Celsius Holdings Inc | 股票-非循環性消費 | 0.59% | +0.03% | +5.18% | |
| 21 | TSLA | Tesla Inc | 股票-循環性消費 | 0.53% | +0.34% | +1.00% | |
| 22 | NVDA | Nvidia CORP | 股票-科技 | 0.47% | +0.04% | -29.55% | |
| 23 | PTCT | Ptc Therapeutics Inc | 股票-醫療保健 | 0.46% | +0.10% | — | |
| 24 | BAC | Bank Of America CORP | 股票-金融 | 0.43% | -0.32% | +18.53% | |
| 25 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.43% | +0.22% | +142.59% | |
| 26 | AMZN | Amazon.com Inc | 股票-循環性消費 | 0.40% | -0.08% | -4.28% | |
| 27 | KRE | Ss Spdr S&p Regional Bank | ETF-其他 | 0.40% | +0.07% | +607.79% | |
| 28 | BE | Bloom Energy Corp- A | 股票-工業 | 0.39% | +0.01% | +135.65% | |
| 29 | MA | Mastercard Inc - A | 股票-金融 | 0.38% | -0.42% | -32.92% | |
| 30 | VOO | Vanguard S&p 500 ETF | ETF-大型股與成長 | 0.38% | +0.16% | +2.45% | |
| 31 | DKNG | Draftkings Inc-cl A | 股票-循環性消費 | 0.38% | — | +21751.95% | |
| 32 | HBAN | Huntington Bancshares Inc | 股票-金融 | 0.37% | — | EXIT | |
| 33 | AHCO | Adapthealth CORP | 股票-其他 | 0.36% | -0.11% | -5.56% | |
| 34 | GDX | Vaneck Gold Miners ETF | ETF-避險與商品 | 0.36% | -0.02% | +128.88% | |
| 35 | PRGS | Progress Software CORP | 股票-其他 | 0.36% | -0.04% | EXIT | |
| 36 | NEE | Nextera Energy Inc | 股票-公用事業 | 0.35% | -0.18% | +227.98% | |
| 37 | HLMN | Hillman Solutions CORP | 股票-其他 | 0.35% | -0.02% | -2.08% | |
| 38 | AVGO | Broadcom Inc | 股票-科技 | 0.34% | -0.63% | +19.04% | |
| 39 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.33% | +0.02% | +436.04% | |
| 40 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.32% | +0.01% | +30.36% | |
| 41 | VLO | Valero Energy CORP | 股票-能源 | 0.31% | +0.06% | — | |
| 42 | TIC | Tic Solutions Inc | 股票-其他 | 0.31% | +0.04% | -0.08% | |
| 43 | IBB | Ishares Biotechnology ETF | ETF-科技型 | 0.31% | +0.03% | — | |
| 44 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.30% | -0.11% | +6042.61% | |
| 45 | RSP | Invesco S&p 500 Equal Weight | ETF-大型股與成長 | 0.30% | +0.04% | +36.30% | |
| 46 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 0.29% | +0.08% | +735.08% | |
| 47 | ARKK | Ark Innovation ETF | ETF-其他 | 0.29% | -0.03% | EXIT | |
| 48 | MSFT | Microsoft CORP | 股票-科技 | 0.28% | +0.28% | -56.94% | |
| 49 | HD | Home Depot Inc | 股票-循環性消費 | 0.27% | -0.24% | +981.84% | |
| 50 | AR | Antero Resources CORP | 股票-能源 | 0.27% | +0.02% | -13.20% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | IREN | IREN Limited | +4.1% | +1.94% | 加碼 |
| 2 | SPY | Ss Spdr S&p 500 ETF Trust-us | +2.4% | -5.31% | 加碼 |
| 3 | COST | Costco Wholesale CORP | +2% | +16400.52% | 加碼 |
| 4 | LLY | Eli Lilly & Co | +1.9% | +6438.25% | 加碼 |
| 5 | PEP | Pepsico Inc | +1.7% | +5319.18% | 加碼 |
| 6 | XLE | Ss Energy Select Sector | +1.2% | +199.54% | 加碼 |
| 7 | CVX | Chevron CORP | +1.2% | +6415.89% | 加碼 |
| 8 | C | Citigroup Inc | +1.1% | +57.76% | 加碼 |
| 9 | KKR | Kkr & Co Inc | +0.8% | +3427.16% | 加碼 |
| 10 | IWM | Ishares Russell 2000 ETF | +0.8% | +16.25% | 加碼 |
| 11 | CELH | Celsius Holdings Inc | +0.5% | +5.18% | 加碼 |
| 12 | TSLA | Tesla Inc | +0.5% | +1.00% | 加碼 |
| 13 | BE | Bloom Energy Corp- A | +0.4% | +135.65% | 加碼 |
| 14 | HBAN | Huntington Bancshares Inc | +0.4% | +49.73% | 加碼 |
| 15 | KRE | Ss Spdr S&p Regional Bank | +0.4% | +607.79% | 加碼 |
| 16 | DKNG | Draftkings Inc-cl A | +0.4% | +21751.95% | 加碼 |
| 17 | AVGO | Broadcom Inc | +0.3% | +19.04% | 加碼 |
| 18 | BRK-B | Berkshire Hathaway Inc-cl B | +0.3% | +436.04% | 加碼 |
| 19 | BAC | Bank Of America CORP | +0.3% | +18.53% | 加碼 |
| 20 | VLO | Valero Energy CORP | +0.3% | — | 加碼 |
| 21 | NVDA | Nvidia CORP | +0.3% | -29.55% | 加碼 |
| 22 | UNP | Union Pacific CORP | +0.3% | +1581.16% | 加碼 |
| 23 | TSM | Taiwan Semiconductor-sp Adr | +0.2% | +735.08% | 加碼 |
| 24 | PYPL | Paypal Holdings Inc | +0.2% | — | 加碼 |
| 25 | STNG | Scorpio Tankers Inc. | +0.2% | +112.02% | 加碼 |
| 26 | MSFT | Microsoft CORP | +0.2% | -56.94% | 加碼 |
| 27 | ARKK | Ark Innovation ETF | +0.2% | +582.83% | 加碼 |
| 28 | MSTR | Strategy Inc | +0.2% | +789.59% | 加碼 |
| 29 | PG | Procter & Gamble Co/the | +0.2% | +30.36% | 加碼 |
| 30 | LQD | Ishr Ibx Usd Invgd Cb Etf-ui | +0.2% | +34.56% | 加碼 |
| 31 | XEL | Xcel Energy Inc | +0.2% | +923.38% | 加碼 |
| 32 | SCHW | Schwab (charles) CORP | +0.2% | +146.75% | 加碼 |
| 33 | COF | Capital One Financial CORP | +0.2% | -23.01% | 加碼 |
| 34 | SNOW | Snowflake Inc | +0.2% | +11529.79% | 加碼 |
| 35 | SPOT | Spotify Technology S.A. | +0.2% | +5386.99% | 加碼 |
| 36 | XBI | Ss Spdr S&p Biotech ETF | +0.2% | +6.69% | 加碼 |
| 37 | WK | Workiva Inc | +0.1% | +105.15% | 加碼 |
| 38 | T | At&t Inc | +0.1% | +5296.67% | 加碼 |
| 39 | GDX | Vaneck Gold Miners ETF | +0.1% | +128.88% | 加碼 |
| 40 | IBIT | Ishares Bitcoin Trust ETF | +0.1% | +156.78% | 加碼 |
| 41 | URGN | UroGen Pharma Ltd. | +0.1% | -1.35% | 加碼 |
| 42 | MCK | Mckesson CORP | +0.1% | — | 加碼 |
| 43 | DIS | Walt Disney Co/the | +0.1% | +16.78% | 加碼 |
| 44 | TYL 0.25 03-15-26債券 | Tyler Technologies Inc | +0.1% | +33921.95% | 加碼 |
| 45 | APP | Applovin Corp-class A | +0.1% | +1031.19% | 加碼 |
| 46 | JPM | Jpmorgan Chase & Co | +0.1% | +142.59% | 加碼 |
| 47 | BIL | Ss Spdr Bb 1-3m T-bill ETF | +0.1% | +88.12% | 加碼 |
| 48 | FANG | Diamondback Energy Inc | +0.1% | +8358.60% | 加碼 |
| 49 | XLF | Ss Financial Select Sector | +0.1% | -61.52% | 加碼 |
| 50 | STX | Seagate Technology Holdings plc | +0.1% | — | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Jefferies Financial Group Inc. 在 Q3 2025 季度的美股持倉總市值約為 US$151.9億，共申報了 1124 個公開持股部位。
在 Q3 2025 季度，Jefferies Financial Group Inc. 按市值排列的前三大核心持股分別為：GLD (15.8%)、SPY (12.5%)、VGT (7.9%)。其中最大持股部位 GLD 佔據整體投資組合約 15.8% 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
VGT
市值: US$16.8億
本季最大獲利了結 / 清倉標的
ZS
前期市值: US$3.1億
在 Q3 2025 季度中，Jefferies Financial Group Inc. 共進行了 199 項持倉異動，包含新建倉 35 個部位、加碼 95 個部位、減碼 43 個部位以及清倉 26 個部位。 其中最大新建倉標的為 VGT。 本季清倉部位包含 ZS。
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。