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: 0001399770
申報總市值
US$57.1億
US$57.1億
76 檔
71.9%
Kohlberg Kravis Roberts & Co. L.P. 在 Q2 2025 季度的美股部位總計估值為 US$57.1億，分散於 76 個持倉標的之中，反映其市場參與廣度與投資規模。
觀察 Q2 2025 的資金脈絡，Kohlberg Kravis Roberts & Co. L.P. 在獲利結算 16 檔個股的同時，將資本重新部署至 17 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，Kohlberg Kravis Roberts & Co. L.P. 的前 5 大核心持股（包含 BTSG, HSIC, BBIO 等）合計佔整體申報市值的 71.9%，反映機構在主要關鍵部位上的權重分佈。
本季最大新建倉標的
UGI 5 06-01-28
市值: US$1420.3萬
本季最大獲利了結 / 清倉標的
HOUS 0.25 06-15-26
前期市值: US$8894.9萬
| # | 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 | BTSG | Brightspring Health Services | 股票-其他 | 37.57% | -0.55% | -17.07% | |
| 2 | HSIC | Henry Schein Inc | 股票-醫療保健 | 23.62% | +1.32% | +30.25% | |
| 3 | BBIO | Bridgebio Pharma Inc | 股票-醫療保健 | 11.83% | -1.12% | -31.15% | |
| 4 | BV | Brightview Holdings Inc | 股票-其他 | 7.08% | +0.59% | -35.01% | |
| 5 | CRGY | Crescent Energy Inc-a | 股票-能源 | 4.75% | -2.31% | +4575.10% | |
| 6 | NCLH 1.125 02-15-27債券 | Ncl Corporation LTD | 債券 | 2.86% | — | -0.17% | |
| 7 | JBLU 0.5 04-01-26債券 | Jetblue Airways CORP | 債券 | 2.72% | — | +0.73% | |
| 8 | KREF | Kkr Real Estate Finance Trus | 股票-其他 | 1.81% | +0.06% | — | |
| 9 | MSGS | Madison Square Garden Sports | 股票-通訊服務 | 1.32% | — | — | |
| 10 | BHC | Bausch Health Cos Inc | 股票-醫療保健 | 0.72% | -0.08% | — | |
| 11 | DEC | Diversified Energy Company | 股票-其他 | 0.65% | — | +11.06% | |
| 12 | CABO 0 03-15-26債券 | Cable One Inc | 債券 | 0.54% | — | +44.96% | |
| 13 | FSK | Fs Kkr Capital CORP | 股票-金融 | 0.42% | -0.01% | — | |
| 14 | IMCR 2.5 02-01-30債券 | Immunocore Holdings | 債券 | 0.40% | -0.08% | — | |
| 15 | SABHLD 7.32 08-01-26債券 | Sabre Glbl Inc | 債券 | 0.36% | -0.10% | +1897.63% | |
| 16 | NCLH | Norwegian Cruise Line Holdings Ltd. | 股票-循環性消費 | 0.35% | — | — | |
| 17 | UGI 5 06-01-28債券 | Ugi CORP | 債券 | 0.29% | -0.02% | — | |
| 18 | PPL 2.875 03-15-28債券 | Ppl Capital Funding Inc | 債券 | 0.23% | -0.04% | -16.45% | |
| 19 | STX 3.5 06-01-28債券 | Seagate Hdd Cayman | 債券 | 0.21% | -0.04% | EXIT | |
| 20 | RDFN 0.5 04-01-27債券 | Redfin CORP | 債券 | 0.19% | — | — | |
| 21 | FLR 1.125 08-15-29債券 | Fluor CORP | 債券 | 0.18% | +0.01% | NEW | |
| 22 | ITRI 1.375 07-15-30債券 | Itron Inc | 債券 | 0.17% | -0.02% | — | |
| 23 | BL 1 06-01-29債券 | Blackline Inc | 債券 | 0.13% | — | — | |
| 24 | SNAP 0.125 03-01-28債券 | Snap Inc | 債券 | 0.12% | -0.01% | +81.58% | |
| 25 | MTN 0 01-01-26債券 | Vail Resorts Inc | 債券 | 0.11% | — | +110.86% | |
| 26 | TDOC 1.25 06-01-27債券 | Teladoc Health Inc | 債券 | 0.11% | -0.08% | EXIT | |
| 27 | HALO 1 08-15-28債券 | Halozyme Therapeutics In | 債券 | 0.08% | — | — | |
| 28 | NVCR 0 11-01-25債券 | Novocure LTD | 債券 | 0.08% | — | — | |
| 29 | DBX 0 03-01-28債券 | Dropbox Inc | 債券 | 0.08% | — | +80.00% | |
| 30 | ON 0.5 03-01-29債券 | On Semiconductor CORP | 債券 | 0.07% | -0.03% | +22.98% | |
| 31 | WGO 3.25 01-15-30債券 | Winnebago Industries | 債券 | 0.05% | +0.10% | — | |
| 32 | WKC 3.25 07-01-28債券 | World Kinect Group | 債券 | 0.05% | — | — | |
| 33 | CHRS | Coherus Oncology Inc | 股票-其他 | 0.04% | -0.02% | — | |
| 34 | CABO 1.125 03-15-28債券 | Cable One Inc | 債券 | 0.04% | — | -74.10% | |
| 35 | VAC 0 01-15-26債券 | Marriott Vacation Worldw | 債券 | 0.04% | — | — | |
| 36 | SPOT 0 03-15-26債券 | Spotify USA Inc | 債券 | 0.04% | — | — | |
| 37 | MKSI 1.25 06-01-30債券 | Mks Inc | 債券 | 0.04% | -0.02% | — | |
| 38 | ITGR 2.125 02-15-28債券 | Integer Holdings CORP | 債券 | 0.03% | — | — | |
| 39 | MTH 1.75 05-15-28債券 | Meritage Homes CORP | 債券 | 0.03% | -0.03% | — | |
| 40 | MIRM 4 05-01-29債券 | Mirum Pharmaceuticals | 債券 | 0.03% | — | — | |
| 41 | PRGS 3.5 03-01-30債券 | Progress Software CORP | 債券 | 0.03% | -0.01% | — | |
| 42 | BMRN 1.25 05-15-27債券 | Biomarin Pharmaceutical | 債券 | 0.03% | -0.01% | EXIT | |
| 43 | ENOV 3.875 10-15-28債券 | Enovis CORP | 債券 | 0.03% | -0.01% | +143.39% | |
| 44 | GH 0 11-15-27債券 | Guardant Health Inc | 債券 | 0.03% | — | — | |
| 45 | NVST 1.75 08-15-28債券 | Envista Holdings CORP | 債券 | 0.02% | — | — | |
| 46 | LYV 3.125 01-15-29債券 | Live Nation Entertainmen | 債券 | 0.02% | -0.03% | EXIT | |
| 47 | POST 2.5 08-15-27債券 | Post Holdings Inc | 債券 | 0.02% | -0.02% | EXIT | |
| 48 | PSN 2.625 03-01-29債券 | Parsons CORP | 債券 | 0.02% | -0.03% | +32.65% | |
| 49 | JAZZ 2 06-15-26債券 | Jazz Investments I LTD | 債券 | 0.02% | — | — | |
| 50 | PATK 1.75 12-01-28債券 | Patrick Industries Inc | 債券 | 0.02% | -0.01% | +171.55% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | HSIC | Henry Schein Inc | +5% | +30.25% | 加碼 |
| 2 | CRGY | Crescent Energy Inc-a | +4.6% | +4575.10% | 加碼 |
| 3 | SABHLD 7.32 08-01-26債券 | Sabre Glbl Inc | +0.3% | +1897.63% | 加碼 |
| 4 | UGI 5 06-01-28債券 | Ugi CORP | +0.3% | NEW | 新建倉 |
| 5 | STX 3.5 06-01-28債券 | Seagate Hdd Cayman | +0.2% | +2527.27% | 加碼 |
| 6 | RDFN 0.5 04-01-27債券 | Redfin CORP | +0.2% | NEW | 新建倉 |
| 7 | ITRI 1.375 07-15-30債券 | Itron Inc | +0.2% | NEW | 新建倉 |
| 8 | CABO 0 03-15-26債券 | Cable One Inc | +0.1% | +44.96% | 加碼 |
| 9 | BL 1 06-01-29債券 | Blackline Inc | +0.1% | NEW | 新建倉 |
| 10 | DEC | Diversified Energy Company | +0.1% | +11.06% | 加碼 |
| 11 | MTN 0 01-01-26債券 | Vail Resorts Inc | +0.1% | +110.86% | 加碼 |
| 12 | SNAP 0.125 03-01-28債券 | Snap Inc | +0.1% | +81.58% | 加碼 |
| 13 | WKC 3.25 07-01-28債券 | World Kinect Group | +0.1% | NEW | 新建倉 |
| 14 | VAC 0 01-15-26債券 | Marriott Vacation Worldw | 0% | NEW | 新建倉 |
| 15 | MKSI 1.25 06-01-30債券 | Mks Inc | 0% | NEW | 新建倉 |
| 16 | DBX 0 03-01-28債券 | Dropbox Inc | 0% | +80.00% | 加碼 |
| 17 | MTH 1.75 05-15-28債券 | Meritage Homes CORP | 0% | NEW | 新建倉 |
| 18 | TVTX 2.25 03-01-29債券 | Travere Therapeutics Inc | 0% | NEW | 新建倉 |
| 19 | ON 0.5 03-01-29債券 | On Semiconductor CORP | 0% | +22.98% | 加碼 |
| 20 | ENOV 3.875 10-15-28債券 | Enovis CORP | 0% | +143.39% | 加碼 |
| 21 | POST 2.5 08-15-27債券 | Post Holdings Inc | 0% | +200.91% | 加碼 |
| 22 | SPB 3.375 06-01-29債券 | Spectrum Brands Inc | 0% | NEW | 新建倉 |
| 23 | PATK 1.75 12-01-28債券 | Patrick Industries Inc | 0% | +171.55% | 加碼 |
| 24 | QXO 5.5 05-15-28債券 | Qxo Inc | 0% | NEW | 新建倉 |
| 25 | SNAP 0.5 05-01-30債券 | Snap Inc | 0% | NEW | 新建倉 |
| 26 | ALRM 2.25 06-01-29債券 | Alarm.com Hldgs Inc | 0% | NEW | 新建倉 |
| 27 | FWONK 2.25 08-15-27債券 | Liberty Media CORP | 0% | NEW | 新建倉 |
| 28 | WDC 3 11-15-28債券 | Western Digital CORP | 0% | NEW | 新建倉 |
| 29 | SPOT 0 03-15-26債券 | Spotify USA Inc | 0% | — | 不變 |
| 30 | INSM | Insmed Inc | 0% | NEW | 新建倉 |
| 31 | IONS 1.75 06-15-28債券 | Ionis Pharmaceuticals In | — | +100.00% | 加碼 |
| 32 | PSN 2.625 03-01-29債券 | Parsons CORP | — | +32.65% | 加碼 |
| 33 | SHOPCN 0.125 11-01-25債券 | Shopify Inc | — | -42.48% | 減碼 |
| 34 | FOUR 6 05-01-28債券 | Shift4 Payments Inc | — | NEW | 新建倉 |
| 35 | BSY 0.375 07-01-27債券 | Bentley Systems | — | +38.20% | 加碼 |
| 36 | PRGS 3.5 03-01-30債券 | Progress Software CORP | — | — | 不變 |
| 37 | MIRM 4 05-01-29債券 | Mirum Pharmaceuticals | — | — | 不變 |
| 38 | LYV 3.125 01-15-29債券 | Live Nation Entertainmen | — | — | 不變 |
| 39 | NVCR 0 11-01-25債券 | Novocure LTD | — | — | 不變 |
| 40 | GH 0 11-15-27債券 | Guardant Health Inc | — | — | 不變 |
| 41 | JAZZ 2 06-15-26債券 | Jazz Investments I LTD | — | — | 不變 |
| 42 | DXCM 0.375 05-15-28債券 | Dexcom Inc | — | — | 不變 |
| 43 | AWK 3.625 06-15-26債券 | American Water Capital C | — | — | 不變 |
| 44 | TNDM 1.5 03-15-29 2024債券 | Tandem Diabetes Care Inc | — | — | 不變 |
| 45 | ALRM 0 01-15-26債券 | Alarm.com Hldgs Inc | — | — | 不變 |
| 46 | U 0 11-15-26債券 | Unity Software Inc | — | — | 不變 |
| 47 | WK 1.25 08-15-28債券 | Workiva Inc | — | — | 不變 |
| 48 | BMRN 1.25 05-15-27債券 | Biomarin Pharmaceutical | — | — | 不變 |
| 49 | AAL 6.5 07-01-25債券 | American Airlines Group | — | — | 不變 |
| 50 | NCLH | Norwegian Cruise Line Holdings Ltd. | 0% | — | 不變 |
根據 SEC 官方 Form 13F 申報備案，Kohlberg Kravis Roberts & Co. L.P. 在 Q2 2025 季度的美股持倉總市值約為 US$57.1億，共申報了 76 個公開持股部位。
在 Q2 2025 季度，Kohlberg Kravis Roberts & Co. L.P. 按市值排列的前三大核心持股分別為：BTSG (37.6%)、HSIC (23.6%)、BBIO (11.8%)。其中最大持股部位 BTSG 佔據整體投資組合約 37.6% 的權重。
在 Q2 2025 季度中，Kohlberg Kravis Roberts & Co. L.P. 共進行了 62 項持倉異動，包含新建倉 17 個部位、加碼 17 個部位、減碼 12 個部位以及清倉 16 個部位。 其中最大新建倉標的為 UGI 5 06-01-28。 本季清倉部位包含 HOUS 0.25 06-15-26。
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。
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。
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。