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: 0001911448
申報總市值
US$41.9億
US$41.9億
39 檔
14.4%
在 Q2 2025 的 13F 官方備案中，Kinetic Partners Management, LP 管理的美股投資組合規模來到 US$41.9億，整體持股檔數為 39 檔。
觀察 Q2 2025 的資金脈絡，Kinetic Partners Management, LP 在獲利結算 2 檔個股的同時，將資本重新部署至 9 檔新選標的，展現主動管理機構的輪動節奏。
在資產配置集中度方面，Kinetic Partners Management, LP 的前 5 大核心持股（包含 AMZN, NVDA, SE 等）合計佔整體申報市值的 14.4%，反映機構在主要關鍵部位上的權重分佈。
| # | 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 | AMZN | Amazon.com Inc | 股票-循環性消費 | 8.85% | -4.44% | -11.88% | |
| 2 | NVDA | Nvidia CORP | 股票-科技 | 6.25% | -4.50% | -11.38% | |
| 3 | SE | Sea Ltd-adr | 股票-通訊服務 | 6.10% | -3.07% | +40.99% | |
| 4 | AVGO | Broadcom Inc | 股票-科技 | 5.93% | -6.25% | EXIT | |
| 5 | DASH | Doordash Inc - A | 股票-循環性消費 | 5.85% | -0.99% | -13.84% | |
| 6 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 5.52% | -2.90% | +16.76% | |
| 7 | CRS | Carpenter Technology | 股票-工業 | 5.06% | -1.12% | — | |
| 8 | DIS | Walt Disney Co/the | 股票-通訊服務 | 4.55% | -1.20% | EXIT | |
| 9 | LPX | Louisiana-pacific CORP | 股票-工業 | 4.00% | -0.29% | -22.16% | |
| 10 | MSFT | Microsoft CORP | 股票-科技 | 3.95% | +0.89% | +224.53% | |
| 11 | CVNA | Carvana Co | 股票-循環性消費 | 3.59% | -1.67% | +21.17% | |
| 12 | AER | AerCap Holdings N.V. | 股票-工業 | 3.39% | — | -43.48% | |
| 13 | INTU | Intuit Inc | 股票-科技 | 3.27% | — | +3.12% | |
| 14 | TREX | Trex Company Inc | 股票-工業 | 3.15% | — | — | |
| 15 | OWL | Blue Owl Capital Inc | 股票-金融 | 2.91% | — | -23.80% | |
| 16 | FERG | Ferguson Enterprises Inc | 股票-工業 | 2.71% | -0.80% | +758.49% | |
| 17 | DDOG | Datadog Inc - Class A | 股票-科技 | 2.30% | -0.57% | — | |
| 18 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 2.28% | — | -1.88% | |
| 19 | APP | Applovin Corp-class A | 股票-科技 | 2.28% | -0.81% | -17.67% | |
| 20 | SPOT | Spotify Technology S.A. | 股票-通訊服務 | 1.99% | -2.50% | — | |
| 21 | MDB | Mongodb Inc | 股票-科技 | 1.77% | +2.84% | +71.07% | |
| 22 | NU | Nu Holdings Ltd. | 股票-金融 | 1.74% | -1.22% | — | |
| 23 | GEV | GE Vernova Inc | 股票-工業 | 1.70% | -0.76% | -63.84% | |
| 24 | GRAB | Grab Holdings Limited | 股票-科技 | 1.61% | — | +25.94% | |
| 25 | ATI | Ati Inc | 股票-工業 | 1.11% | — | — | |
| 26 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 1.07% | +0.76% | — | |
| 27 | SGI | Somnigroup International Inc | 股票-循環性消費 | 1.05% | — | -67.08% | |
| 28 | SHW | Sherwin-williams Co/the | 股票-原物料 | 0.91% | -1.14% | +100.14% | |
| 29 | SHOP | Shopify Inc - Class A | 股票-科技 | 0.87% | -2.10% | +49.81% | |
| 30 | GTM | Zoominfo Technologies Inc | 股票-科技 | 0.73% | — | +42.00% | |
| 31 | NCNO | Ncino Inc | 股票-其他 | 0.56% | -0.12% | EXIT | |
| 32 | NFLX | Netflix Inc | 股票-通訊服務 | 0.55% | — | -62.87% | |
| 33 | PTC | Ptc Inc | 股票-科技 | 0.51% | — | -67.17% | |
| 34 | PFSI | Pennymac Financial Services | 股票-其他 | 0.47% | -1.07% | — | |
| 35 | TSLA | Tesla Inc | 股票-循環性消費 | 0.30% | -0.26% | EXIT | |
| 36 | RH | Rh | 股票-循環性消費 | 0.29% | — | -80.97% | |
| 37 | CEG | Constellation Energy | 股票-公用事業 | 0.28% | — | -88.10% | |
| 38 | DBRG | Digitalbridge Group Inc | 股票-金融 | 0.28% | — | -77.57% | |
| 39 | AAON | Aaon Inc | 股票-工業 | 0.26% | — | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | CRS | Carpenter Technology | +5.1% | NEW | 新建倉 |
| 2 | TREX | Trex Company Inc | +3.2% | NEW | 新建倉 |
| 3 | MSFT | Microsoft CORP | +2.8% | +224.53% | 加碼 |
| 4 | FERG | Ferguson Enterprises Inc | +2.4% | +758.49% | 加碼 |
| 5 | DDOG | Datadog Inc - Class A | +2.3% | NEW | 新建倉 |
| 6 | DIS | Walt Disney Co/the | +2.2% | +97.40% | 加碼 |
| 7 | SPOT | Spotify Technology S.A. | +2% | NEW | 新建倉 |
| 8 | NU | Nu Holdings Ltd. | +1.7% | NEW | 新建倉 |
| 9 | SE | Sea Ltd-adr | +1.5% | +40.99% | 加碼 |
| 10 | CVNA | Carvana Co | +1.2% | +21.17% | 加碼 |
| 11 | ATI | Ati Inc | +1.1% | NEW | 新建倉 |
| 12 | GOOG | Alphabet Inc-cl C | +1.1% | NEW | 新建倉 |
| 13 | TSM | Taiwan Semiconductor-sp Adr | +1% | +16.76% | 加碼 |
| 14 | MDB | Mongodb Inc | +0.6% | +71.07% | 加碼 |
| 15 | NCNO | Ncino Inc | +0.6% | NEW | 新建倉 |
| 16 | SHW | Sherwin-williams Co/the | +0.3% | +100.14% | 加碼 |
| 17 | AAON | Aaon Inc | +0.3% | NEW | 新建倉 |
| 18 | SHOP | Shopify Inc - Class A | +0.2% | +49.81% | 加碼 |
| 19 | GRAB | Grab Holdings Limited | +0.1% | +25.94% | 加碼 |
| 20 | GTM | Zoominfo Technologies Inc | +0.1% | +42.00% | 加碼 |
| 21 | INTU | Intuit Inc | 0% | +3.12% | 加碼 |
| 22 | NVDA | Nvidia CORP | -0.1% | -11.38% | 減碼 |
| 23 | BKNG | Booking Holdings Inc | -0.2% | -1.88% | 減碼 |
| 24 | PFSI | Pennymac Financial Services | -0.2% | — | 不變 |
| 25 | TSLA | Tesla Inc | -0.4% | -51.80% | 減碼 |
| 26 | APP | Applovin Corp-class A | -0.5% | -17.67% | 減碼 |
| 27 | APO | Apollo Global Management Inc | -0.5% | EXIT | 清倉 |
| 28 | DASH | Doordash Inc - A | -0.8% | -13.84% | 減碼 |
| 29 | NFLX | Netflix Inc | -0.8% | -62.87% | 減碼 |
| 30 | RDDT | Reddit Inc-cl A | -1% | EXIT | 清倉 |
| 31 | DBRG | Digitalbridge Group Inc | -1.1% | -77.57% | 減碼 |
| 32 | PTC | Ptc Inc | -1.3% | -67.17% | 減碼 |
| 33 | CEG | Constellation Energy | -1.7% | -88.10% | 減碼 |
| 34 | GEV | GE Vernova Inc | -1.9% | -63.84% | 減碼 |
| 35 | RH | Rh | -2.2% | -80.97% | 減碼 |
| 36 | OWL | Blue Owl Capital Inc | -2.3% | -23.80% | 減碼 |
| 37 | AMZN | Amazon.com Inc | -2.6% | -11.88% | 減碼 |
| 38 | SGI | Somnigroup International Inc | -2.6% | -67.08% | 減碼 |
| 39 | AVGO | Broadcom Inc | -3% | -46.81% | 減碼 |
| 40 | LPX | Louisiana-pacific CORP | -3.2% | -22.16% | 減碼 |
| 41 | AER | AerCap Holdings N.V. | -3.5% | -43.48% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Kinetic Partners Management, LP 在 Q2 2025 季度的美股持倉總市值約為 US$41.9億，共申報了 39 個公開持股部位。
在 Q2 2025 季度，Kinetic Partners Management, LP 按市值排列的前三大核心持股分別為：AMZN (8.8%)、NVDA (6.3%)、SE (6.1%)。其中最大持股部位 AMZN 佔據整體投資組合約 8.8% 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
CRS
市值: US$9250.4萬
本季最大獲利了結 / 清倉標的
RDDT
前期市值: US$1416.2萬
在 Q2 2025 季度中，Kinetic Partners Management, LP 共進行了 40 項持倉異動，包含新建倉 9 個部位、加碼 12 個部位、減碼 17 個部位以及清倉 2 個部位。 其中最大新建倉標的為 CRS。 本季清倉部位包含 RDDT。
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。