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: 0000898358
申報總市值
US$47.9億
US$47.9億
494 檔
13.4%
截至 Q2 2025 季度末，Kornitzer Capital Management Inc /ks 的美股持倉估值約為 US$47.9億，全數申報部位共有 494 檔。
在 Q2 2025，Kornitzer Capital Management Inc /ks 展現出較為審慎的避險與獲利了結姿態。本季共減碼 97 個部位並完全清倉 12 檔持股，調降曝險的部位數量高於加碼動作。
檢視投資組合結構，前 5 大主力部位（包含 MSFT, COST, LLY）占據了總市值的 13.4%，展現出該機構在 Q2 2025 的重點資金聚焦與風險分佈特徵。
僅顯示前 200 大持股（共 494 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 | MSFT | Microsoft CORP | 股票-科技 | 5.61% | -0.24% | -2.71% | |
| 2 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 1.97% | -0.19% | -0.99% | |
| 3 | LLY | Eli Lilly & Co | 股票-醫療保健 | 1.89% | +0.58% | -0.82% | |
| 4 | AAPL | Apple Inc | 股票-科技 | 1.79% | +0.15% | -12.59% | |
| 5 | AJG | Arthur J Gallagher & Co | 股票-金融 | 1.67% | +0.02% | -1.77% | |
| 6 | HES | Hess CORP | 股票-其他 | 1.57% | — | -2.80% | |
| 7 | KMI | Kinder Morgan, Inc. | 股票-能源 | 1.55% | -0.14% | -0.83% | |
| 8 | IBM | Intl Business Machines CORP | 股票-科技 | 1.54% | +0.17% | -1.17% | |
| 9 | XOM | Exxon Mobil CORP | 股票-能源 | 1.51% | -2.39% | EXIT | |
| 10 | WM | Waste Management Inc | 股票-工業 | 1.46% | -0.10% | -2.83% | |
| 11 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.33% | -0.10% | -0.54% | |
| 12 | CVX | Chevron CORP | 股票-能源 | 1.30% | -0.92% | -0.61% | |
| 13 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 1.25% | +0.42% | -2.98% | |
| 14 | CSCO | Cisco Systems Inc | 股票-科技 | 1.24% | +0.59% | -0.10% | |
| 15 | AMZN | Amazon.com Inc | 股票-循環性消費 | 1.18% | -0.04% | +2.61% | |
| 16 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 1.17% | -0.02% | -1.83% | |
| 17 | QCOM | Qualcomm Inc | 股票-科技 | 1.12% | +0.34% | -0.99% | |
| 18 | PEP | Pepsico Inc | 股票-非循環性消費 | 1.09% | -0.20% | +4.10% | |
| 19 | JNJ | Johnson & Johnson | 股票-醫療保健 | 1.07% | — | -1.06% | |
| 20 | ABT | Abbott Laboratories | 股票-醫療保健 | 1.06% | -0.16% | -0.63% | |
| 21 | WMT | Walmart Inc | 股票-非循環性消費 | 1.04% | -0.20% | -2.14% | |
| 22 | SLB | Slb LTD | 股票-能源 | 0.97% | -0.25% | -8.78% | |
| 23 | COP | Conocophillips | 股票-能源 | 0.96% | -0.36% | -0.95% | |
| 24 | NVDA | Nvidia CORP | 股票-科技 | 0.94% | +0.07% | +13.19% | |
| 25 | ALL | Allstate CORP | 股票-金融 | 0.93% | +0.12% | -3.82% | |
| 26 | KO | Coca-cola Co/the | 股票-非循環性消費 | 0.92% | +0.03% | -1.32% | |
| 27 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.86% | +0.04% | +2.13% | |
| 28 | VZ | Verizon Communications Inc | 股票-通訊服務 | 0.81% | -0.20% | -1.17% | |
| 29 | GILD | Gilead Sciences Inc | 股票-醫療保健 | 0.78% | -0.14% | -1.42% | |
| 30 | KMB | Kimberly-clark CORP | 股票-非循環性消費 | 0.75% | +0.07% | -0.85% | |
| 31 | VST | Vistra CORP | 股票-公用事業 | 0.70% | +0.01% | +2.98% | |
| 32 | GD | General Dynamics CORP | 股票-工業 | 0.65% | -0.01% | -1.00% | |
| 33 | FOUR | Shift4 Payments Inc-class A | 股票-科技 | 0.65% | -0.07% | — | |
| 34 | TFC | Truist Financial CORP | 股票-金融 | 0.65% | +0.03% | -0.53% | |
| 35 | APA | Apa CORP | 股票-能源 | 0.64% | -0.44% | +9.83% | |
| 36 | MELI | Mercadolibre Inc | 股票-循環性消費 | 0.64% | -0.07% | -1.21% | |
| 37 | PFE | Pfizer Inc | 股票-醫療保健 | 0.61% | -0.11% | -3.24% | |
| 38 | ✓ | 股票-其他 | 0.61% | — | -0.29% | ||
| 39 | MSCI | Msci Inc | 股票-金融 | 0.60% | -0.17% | -11.83% | |
| 40 | SHEL | Shell Plc-adr | 股票-能源 | 0.57% | -0.16% | -9.89% | |
| 41 | T | At&t Inc | 股票-通訊服務 | 0.55% | -0.18% | -2.26% | |
| 42 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 0.54% | — | -0.04% | |
| 43 | VEEV | Veeva Systems Inc-class A | 股票-醫療保健 | 0.54% | -0.26% | — | |
| 44 | MLM | Martin Marietta Materials | 股票-原物料 | 0.54% | -0.07% | +34.21% | |
| 45 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 0.51% | +0.29% | -15.05% | |
| 46 | CINF | Cincinnati Financial CORP | 股票-金融 | 0.51% | +0.06% | -1.89% | |
| 47 | V | Visa Inc-class A Shares | 股票-金融 | 0.50% | +0.05% | -2.43% | |
| 48 | CLX | Clorox Company | 股票-非循環性消費 | 0.50% | -0.05% | -1.13% | |
| 49 | ABBNY | Abb Ltd-spon Adr | 股票-工業 | 0.48% | +0.10% | -9.31% | |
| 50 | SAP | Sap Se-sponsored Adr | 股票-科技 | 0.46% | -0.09% | -14.18% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | MSFT | Microsoft CORP | +1.2% | -2.71% | 減碼 |
| 2 | NVDA | Nvidia CORP | +0.4% | +13.19% | 加碼 |
| 3 | VST | Vistra CORP | +0.3% | +2.98% | 加碼 |
| 4 | COR | Cencora Inc | +0.3% | NEW | 新建倉 |
| 5 | META | Meta Platforms Inc-class A | +0.3% | -0.54% | 減碼 |
| 6 | IBM | Intl Business Machines CORP | +0.2% | -1.17% | 減碼 |
| 7 | ELF | Elf Beauty Inc | +0.2% | -11.37% | 減碼 |
| 8 | MLM | Martin Marietta Materials | +0.2% | +34.21% | 加碼 |
| 9 | FICO | Fair Isaac CORP | +0.2% | NEW | 新建倉 |
| 10 | AMZN | Amazon.com Inc | +0.2% | +2.61% | 加碼 |
| 11 | BIRK | Birkenstock Holding plc | +0.2% | +156.57% | 加碼 |
| 12 | VRT | Vertiv Holdings Co-a | +0.2% | — | 不變 |
| 13 | MELI | Mercadolibre Inc | +0.2% | -1.21% | 減碼 |
| 14 | AVAV | Aerovironment Inc | +0.2% | +20.90% | 加碼 |
| 15 | MANH | Manhattan Associates Inc | +0.2% | NEW | 新建倉 |
| 16 | KMX | Carmax Inc | +0.2% | NEW | 新建倉 |
| 17 | ALNY | Alnylam Pharmaceuticals Inc | +0.1% | +1058.20% | 加碼 |
| 18 | LION | Lionsgate Studios CORP | +0.1% | NEW | 新建倉 |
| 19 | CELH | Celsius Holdings Inc | +0.1% | NEW | 新建倉 |
| 20 | MMYT | MakeMyTrip Limited | +0.1% | NEW | 新建倉 |
| 21 | CSCO | Cisco Systems Inc | +0.1% | -0.10% | 減碼 |
| 22 | DDOG | Datadog Inc - Class A | +0.1% | NEW | 新建倉 |
| 23 | ZS | Zscaler Inc | +0.1% | NEW | 新建倉 |
| 24 | RELX | Relx PLC - Spon Adr | +0.1% | +125.00% | 加碼 |
| 25 | CCC | Ccc Intelligent Solutions Ho | +0.1% | NEW | 新建倉 |
| 26 | MDB | Mongodb Inc | +0.1% | NEW | 新建倉 |
| 27 | AVGO | Broadcom Inc | +0.1% | +23.68% | 加碼 |
| 28 | WING | Wingstop Inc | +0.1% | +139.24% | 加碼 |
| 29 | VVV | Valvoline Inc | +0.1% | NEW | 新建倉 |
| 30 | GOOGL | Alphabet Inc-cl A | +0.1% | -2.98% | 減碼 |
| 31 | FOUR | Shift4 Payments Inc-class A | +0.1% | — | 不變 |
| 32 | BKNG | Booking Holdings Inc | +0.1% | -0.04% | 減碼 |
| 33 | IT | Gartner Inc | +0.1% | +44.52% | 加碼 |
| 34 | VEEV | Veeva Systems Inc-class A | +0.1% | — | 不變 |
| 35 | MNDY | monday.com Ltd. | +0.1% | +38.26% | 加碼 |
| 36 | TREX | Trex Company Inc | +0.1% | +1394.48% | 加碼 |
| 37 | KNSL | Kinsale Capital Group Inc | +0.1% | +37.20% | 加碼 |
| 38 | DXCM | Dexcom Inc | +0.1% | +75.44% | 加碼 |
| 39 | STRL | Sterling Infrastructure Inc | +0.1% | -25.43% | 減碼 |
| 40 | ROST | Ross Stores Inc | +0.1% | NEW | 新建倉 |
| 41 | WAY | Waystar Holding CORP | +0.1% | NEW | 新建倉 |
| 42 | JPM | Jpmorgan Chase & Co | +0.1% | — | 減碼 |
| 43 | SNOW | Snowflake Inc | +0.1% | +3.59% | 加碼 |
| 44 | BROS | Dutch Bros Inc-class A | +0.1% | NEW | 新建倉 |
| 45 | WMT | Walmart Inc | +0.1% | -2.14% | 減碼 |
| 46 | DINO | Hf Sinclair CORP | +0.1% | +0.60% | 加碼 |
| 47 | VCEL | Vericel CORP | +0.1% | +427.31% | 加碼 |
| 48 | GEV | GE Vernova Inc | +0.1% | -0.91% | 減碼 |
| 49 | PCOR | Procore Technologies Inc | +0.1% | +26.73% | 加碼 |
| 50 | FOUR 6 05-01-28債券 | Shift4 Payments Inc | +0.1% | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Kornitzer Capital Management Inc /ks 在 Q2 2025 季度的美股持倉總市值約為 US$47.9億，共申報了 494 個公開持股部位。
在 Q2 2025 季度，Kornitzer Capital Management Inc /ks 按市值排列的前三大核心持股分別為：MSFT (5.6%)、COST (2.0%)、LLY (1.9%)。其中最大持股部位 MSFT 佔據整體投資組合約 5.6% 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
COR
市值: US$1337.2萬
本季最大獲利了結 / 清倉標的
GPN
前期市值: US$1229.6萬
在 Q2 2025 季度中，Kornitzer Capital Management Inc /ks 共進行了 171 項持倉異動，包含新建倉 27 個部位、加碼 35 個部位、減碼 97 個部位以及清倉 12 個部位。 其中最大新建倉標的為 COR。 本季清倉部位包含 GPN。
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。