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: 0001842361
申報總市值
US$4901.4萬
US$4901.4萬
26 檔
171.4%
Q1 2025 季度申報顯示，Jones Road Capital Management, L.p. 揭露的美股組合總市值為 US$4901.4萬，涵蓋 26 個不同之權益投資部位。
Jones Road Capital Management, L.p. 在 Q1 2025 的調整主要集中於風險出清，清倉與減碼部位合計達 62 檔，反映機構對當前市場環境或個別公司估值採取較為保留之看法。
整體而言，Jones Road Capital Management, L.p. 的前 5 大持股（包含 NEE 3 03-01-27, HYG, DUK 4.125 04-15-26）貢獻了組合市值的 171.4%，形成該機構在 Q1 2025 季度的基本面基石。
| # | 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 | NEE 3 03-01-27債券 | Nextera Energy Capital | 債券 | 12.58% | -20.90% | — | |
| 2 | HYG | Ishr Ibx Usd Hiyld Cb Etf-ui | ETF-非投資等級債 | 12.33% | — | — | |
| 3 | DUK 4.125 04-15-26債券 | Duke Energy CORP | 債券 | 10.17% | — | — | |
| 4 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 9.83% | -5.01% | -21.51% | |
| 5 | FE 4 05-01-26債券 | Firstenergy CORP | 債券 | 7.61% | — | — | |
| 6 | BKLN | Invesco Senior Loan ETF | ETF-其他 | 6.53% | -7.38% | EXIT | |
| 7 | ORCL | Oracle CORP | 股票-科技 | 6.34% | -5.40% | -53.43% | |
| 8 | LQD | Ishr Ibx Usd Invgd Cb Etf-ui | ETF-投資等級公司債 | 5.96% | — | -7.85% | |
| 9 | ADX | Adams Diversified Equity | 股票-其他 | 4.97% | — | +13.21% | |
| 10 | ATI | Ati Inc | 股票-工業 | 3.57% | -0.62% | -29.27% | |
| 11 | XGDVX | Gabelli Dividend & Income Tr | 股票-其他 | 3.56% | — | +18.00% | |
| 12 | PCG 4.25 12-01-27債券 | Pg&e CORP | 債券 | 3.31% | -2.35% | — | |
| 13 | FCT | First Trust Snr Fl Rt Inc Ii | 股票-其他 | 2.52% | — | -7.64% | |
| 14 | VISN | Vistance Networks Inc | 股票-科技 | 2.01% | -1.65% | EXIT | |
| 15 | BA 6 10-15-27債券 | Boeing Co/the | 債券 | 1.98% | -5.23% | +38.48% | |
| 16 | AVB | Avalonbay Communities Inc | 股票-房地產 | 1.82% | -1.18% | +12.76% | |
| 17 | BHR | Braemar Hotels & Resorts Inc | 股票-其他 | 1.51% | — | -16.39% | |
| 18 | MSFT | Microsoft CORP | 股票-科技 | 0.94% | -1.14% | EXIT | |
| 19 | BA | Boeing Co/the | 股票-工業 | 0.67% | — | +5.00% | |
| 20 | HPE | Hewlett Packard Enterprise | 股票-科技 | 0.58% | — | -91.04% | |
| 21 | CYH | Community Health Systems Inc | 股票-其他 | 0.48% | -0.44% | +73.62% | |
| 22 | JFR | Nuveen Floating Rate Income | 股票-其他 | 0.35% | — | +199.15% | |
| 23 | NPFD | Nuveen Var Rt Pref & Inc | 股票-其他 | 0.28% | — | +20.17% | |
| 24 | SPR 3.25 11-01-28債券 | Spirit Aerosystems Inc | 債券 | 0.09% | — | — | |
| 25 | ✓ | United Homes Group Inc | 股票-其他 | — | — | — | |
| 26 | ALURW | Allurion Technologies-28 | 股票-其他 | — | — | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | ATI | Ati Inc | +1.8% | -29.27% | 減碼 |
| 2 | BHR | Braemar Hotels & Resorts Inc | -0.9% | -16.39% | 減碼 |
| 3 | AVB | Avalonbay Communities Inc | -5.1% | +12.76% | 減碼 |
| 4 | WHR | Whirlpool CORP | — | EXIT | 清倉 |
| 5 | WMT | Walmart Inc | — | EXIT | 清倉 |
| 6 | FE | Firstenergy CORP | — | EXIT | 清倉 |
| 7 | NEE 3 03-01-27債券 | Nextera Energy Capital | — | NEW | 新建倉 |
| 8 | HYG | Ishr Ibx Usd Hiyld Cb Etf-ui | — | NEW | 新建倉 |
| 9 | SYY | Sysco CORP | — | EXIT | 清倉 |
| 10 | MGM | Mgm Resorts International | — | EXIT | 清倉 |
| 11 | DUK 4.125 04-15-26債券 | Duke Energy CORP | — | NEW | 新建倉 |
| 12 | META | Meta Platforms Inc-class A | — | NEW | 新建倉 |
| 13 | LVS | Las Vegas Sands CORP | — | EXIT | 清倉 |
| 14 | FE 4 05-01-26債券 | Firstenergy CORP | — | NEW | 新建倉 |
| 15 | BABA | Alibaba Group Holding-sp Adr | — | EXIT | 清倉 |
| 16 | BKLN | Invesco Senior Loan ETF | — | NEW | 新建倉 |
| 17 | ORCL | Oracle CORP | — | NEW | 新建倉 |
| 18 | LQD | Ishr Ibx Usd Invgd Cb Etf-ui | — | NEW | 新建倉 |
| 19 | GPN | Global Payments Inc | — | EXIT | 清倉 |
| 20 | S9Q | Spirit Aerosystems Hold-cl A | — | EXIT | 清倉 |
| 21 | ADX | Adams Diversified Equity | — | NEW | 新建倉 |
| 22 | DIN | Dine Brands Global Inc | — | EXIT | 清倉 |
| 23 | PCG | P G & E CORP | — | EXIT | 清倉 |
| 24 | AAWW 2.25 06-01-22債券 | Atlas Air Worldwide Hldg | — | EXIT | 清倉 |
| 25 | XGDVX | Gabelli Dividend & Income Tr | — | NEW | 新建倉 |
| 26 | KO | Coca-cola Co/the | — | EXIT | 清倉 |
| 27 | EIX | Edison International | — | EXIT | 清倉 |
| 28 | BUD | Anheuser-busch Inbev-spn Adr | — | EXIT | 清倉 |
| 29 | PCG 4.25 12-01-27債券 | Pg&e CORP | — | NEW | 新建倉 |
| 30 | ✓ | Dmy Technology Group Inc Iii | — | EXIT | 清倉 |
| 31 | DUK | Duke Energy CORP | — | EXIT | 清倉 |
| 32 | AAWW 1.875 06-01-24債券 | Atlas Air Worldwide Hldg | — | EXIT | 清倉 |
| 33 | ✓ | Cohn Robbins Holdings CORP | — | EXIT | 清倉 |
| 34 | FCT | First Trust Snr Fl Rt Inc Ii | — | NEW | 新建倉 |
| 35 | ED | Consolidated Edison Inc | — | EXIT | 清倉 |
| 36 | VISN | Vistance Networks Inc | — | NEW | 新建倉 |
| 37 | BA 6 10-15-27債券 | Boeing Co/the | — | NEW | 新建倉 |
| 38 | MFS1EUR | Welbilt Inc | — | EXIT | 清倉 |
| 39 | BKNG | Booking Holdings Inc | — | EXIT | 清倉 |
| 40 | ✓ | Soaring Eagle Acquisition Co | — | EXIT | 清倉 |
| 41 | SO | Southern Co/the | — | EXIT | 清倉 |
| 42 | ETR | Entergy CORP | — | EXIT | 清倉 |
| 43 | ✓ | — | EXIT | 清倉 | |
| 44 | IQ 4 12-15-26債券 | Iqiyi Inc | — | EXIT | 清倉 |
| 45 | SLV | Ishares Silver Trust | — | EXIT | 清倉 |
| 46 | PNW | Pinnacle West Capital | — | EXIT | 清倉 |
| 47 | ✓ | Cohn Robbins Holdings CORP | — | EXIT | 清倉 |
| 48 | ✓ | Compute Health Acquisitin Co | — | EXIT | 清倉 |
| 49 | APO | Apollo Global Management, Inc. | — | EXIT | 清倉 |
| 50 | MSFT | Microsoft CORP | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Jones Road Capital Management, L.p. 在 Q1 2025 季度的美股持倉總市值約為 US$4901.4萬，共申報了 26 個公開持股部位。
在 Q1 2025 季度，Jones Road Capital Management, L.p. 按市值排列的前三大核心持股分別為：NEE 3 03-01-27 (12.6%)、HYG (12.3%)、DUK 4.125 04-15-26 (10.2%)。其中最大持股部位 NEE 3 03-01-27 佔據整體投資組合約 12.6% 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
NEE 3 03-01-27
市值: US$2012.3萬
本季最大獲利了結 / 清倉標的
WHR
前期市值: US$3741.9萬
在 Q1 2025 季度中，Jones Road Capital Management, L.p. 共進行了 85 項持倉異動，包含新建倉 23 個部位、加碼 0 個部位、減碼 3 個部位以及清倉 59 個部位。 其中最大新建倉標的為 NEE 3 03-01-27。 本季清倉部位包含 WHR。
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。