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: 0001728321
申報總市值
US$20.8億
US$20.8億
611 檔
8.8%
Q3 2025 季度申報顯示，Kovack Advisors, Inc. 揭露的美股組合總市值為 US$20.8億，涵蓋 611 個不同之權益投資部位。
觀察 Q3 2025 的申報異動，Kovack Advisors, Inc. 採取了強勁的買進策略，建倉與加碼動作（合計 117 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。
檢視投資組合結構，前 5 大主力部位（包含 NVDA, AAPL, SPMO）占據了總市值的 8.8%，展現出該機構在 Q3 2025 的重點資金聚焦與風險分佈特徵。
僅顯示前 200 大持股（共 611 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 | NVDA | Nvidia CORP | 股票-科技 | 5.75% | -0.01% | -4.16% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 3.74% | -0.05% | -10.02% | |
| 3 | SPMO | Invesco S&p 500 Momentum ETF | ETF-大型股與成長 | 2.71% | +0.45% | +95.73% | |
| 4 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 2.56% | +0.13% | -4.14% | |
| 5 | MSFT | Microsoft CORP | 股票-科技 | 2.52% | -0.22% | -9.78% | |
| 6 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.50% | -0.11% | -9.73% | |
| 7 | IVV | Ishares Core S&p 500 ETF | ETF-大型股與成長 | 2.40% | +0.01% | -42.42% | |
| 8 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 2.36% | +0.50% | +26.00% | |
| 9 | VOO | Vanguard S&p 500 ETF | ETF-大型股與成長 | 2.01% | +0.08% | -3.55% | |
| 10 | SCHG | Schwab US Large-cap Growth | ETF-其他 | 1.54% | +0.01% | +14.18% | |
| 11 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 1.52% | +0.08% | -12.22% | |
| 12 | IDMO | Invesco S&p International De | ETF-其他 | 1.44% | -0.02% | — | |
| 13 | AVGO | Broadcom Inc | 股票-科技 | 1.24% | — | +1.25% | |
| 14 | VST | Vistra CORP | 股票-公用事業 | 1.19% | — | -7.61% | |
| 15 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 1.13% | -0.07% | -6.44% | |
| 16 | TSLA | Tesla Inc | 股票-循環性消費 | 1.05% | -0.44% | +3.62% | |
| 17 | PANW | Palo Alto Networks Inc | 股票-科技 | 0.98% | +0.11% | +2.13% | |
| 18 | IBOC | International Bancshares Crp | 股票-其他 | 0.88% | — | — | |
| 19 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.82% | -0.02% | -8.61% | |
| 20 | FDVV | Fidelity High Dividend ETF | ETF-其他 | 0.80% | +0.01% | +107.67% | |
| 21 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.79% | -0.12% | -7.06% | |
| 22 | URI | United Rentals Inc | 股票-工業 | 0.77% | +0.02% | -11.28% | |
| 23 | VTI | Vanguard Total Stock Mkt ETF | ETF-其他 | 0.76% | +0.01% | -12.19% | |
| 24 | HYGH | Ishares Int Rate Hedg Hy ETF | ETF-其他 | 0.76% | -0.02% | +7.03% | |
| 25 | XMMO | Invesco S&p Midcap Momentum | ETF-其他 | 0.74% | +0.01% | +100.32% | |
| 26 | RDVY | First Trust Rising Dividend | ETF-其他 | 0.72% | +0.03% | +0.59% | |
| 27 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 0.71% | -0.21% | -3.66% | |
| 28 | VRT | Vertiv Holdings Co-a | 股票-工業 | 0.70% | +0.05% | -10.25% | |
| 29 | VTV | Vanguard Value ETF | ETF-其他 | 0.69% | — | -1.21% | |
| 30 | VUG | Vanguard Growth ETF | ETF-其他 | 0.68% | +0.01% | -2.30% | |
| 31 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.68% | +0.05% | -24.21% | |
| 32 | JAZZ | Jazz Pharmaceuticals plc | 股票-醫療保健 | 0.67% | — | -3.99% | |
| 33 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 0.67% | +0.09% | -10.76% | |
| 34 | XLK | Ss Technology Select Sector | ETF-科技型 | 0.64% | +0.14% | -6.14% | |
| 35 | CVX | Chevron CORP | 股票-能源 | 0.64% | -0.11% | -30.67% | |
| 36 | ADTN | Adtran Holdings Inc | 股票-其他 | 0.63% | -0.04% | -0.88% | |
| 37 | AGG | Ishares Core U.s. Aggregate | ETF-其他 | 0.58% | -0.04% | +6.43% | |
| 38 | RTX | Rtx CORP | 股票-工業 | 0.56% | -0.11% | -5.37% | |
| 39 | HD | Home Depot Inc | 股票-循環性消費 | 0.53% | -0.02% | -0.77% | |
| 40 | PSLV | Sprott Physical Silver Trust | 股票-其他 | 0.51% | +0.70% | +13.65% | |
| 41 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.48% | +0.04% | +0.12% | |
| 42 | FVD | First Trust Value Line Dvd | ETF-其他 | 0.48% | -0.03% | +10.04% | |
| 43 | DIA | Ss Spdr Dow Jones Indus Avg | ETF-大型股與成長 | 0.47% | +0.02% | -6.87% | |
| 44 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.45% | -0.04% | -16.45% | |
| 45 | NOBL | Proshares S&p 500 Dividend A | ETF-大型股與成長 | 0.44% | -0.02% | +0.02% | |
| 46 | VIG | Vanguard Dividend Apprec ETF | ETF-其他 | 0.43% | +0.05% | +1.87% | |
| 47 | PWR | Quanta Services Inc | 股票-工業 | 0.43% | +0.01% | +3.18% | |
| 48 | TER | Teradyne Inc | 股票-科技 | 0.42% | +0.03% | NEW | |
| 49 | GLD | Spdr Gold Shares | ETF-避險與商品 | 0.39% | -0.22% | +7.83% | |
| 50 | FTSL | First Trust Senior Loan ETF | ETF-其他 | 0.39% | -0.01% | -2.75% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | +1.5% | -4.16% | 減碼 |
| 2 | AVGO | Broadcom Inc | +0.6% | +1.25% | 加碼 |
| 3 | TSLA | Tesla Inc | +0.5% | +3.62% | 加碼 |
| 4 | PLTR | Palantir Technologies Inc-a | +0.4% | -3.66% | 加碼 |
| 5 | QQQ | Invesco Qqq Trust Series 1 | +0.4% | +26.00% | 加碼 |
| 6 | XMMO | Invesco S&p Midcap Momentum | +0.3% | +100.32% | 加碼 |
| 7 | SCHG | Schwab US Large-cap Growth | +0.3% | +14.18% | 加碼 |
| 8 | VRT | Vertiv Holdings Co-a | +0.2% | -10.25% | 減碼 |
| 9 | ANET | Arista Networks Inc | +0.2% | +48.78% | 加碼 |
| 10 | SPY | Ss Spdr S&p 500 ETF Trust-us | +0.2% | -4.14% | 加碼 |
| 11 | VST | Vistra CORP | +0.2% | -7.61% | 減碼 |
| 12 | MSFT | Microsoft CORP | +0.2% | -9.78% | 減碼 |
| 13 | CGDV | Cap Group Dividend Value | +0.2% | +135.61% | 加碼 |
| 14 | VOO | Vanguard S&p 500 ETF | +0.2% | -3.55% | 加碼 |
| 15 | ISRG | Intuitive Surgical Inc | +0.2% | +382.05% | 加碼 |
| 16 | PWR | Quanta Services Inc | +0.2% | +3.18% | 加碼 |
| 17 | GDX | Vaneck Gold Miners ETF | +0.2% | +6.73% | 加碼 |
| 18 | PSLV | Sprott Physical Silver Trust | +0.1% | +13.65% | 加碼 |
| 19 | GS | Goldman Sachs Group Inc | +0.1% | +0.12% | 加碼 |
| 20 | TSM | Taiwan Semiconductor-sp Adr | +0.1% | -6.31% | 加碼 |
| 21 | ORCL | Oracle CORP | +0.1% | +3.11% | 減碼 |
| 22 | SOFI | Sofi Technologies Inc | +0.1% | +4.13% | 加碼 |
| 23 | SHOP | Shopify Inc - Class A | +0.1% | +34.04% | 加碼 |
| 24 | BBAI | Bigbear.ai Holdings Inc | +0.1% | +37.18% | 加碼 |
| 25 | CRNC | Cerence Inc | +0.1% | +23.02% | 加碼 |
| 26 | URI | United Rentals Inc | +0.1% | -11.28% | 減碼 |
| 27 | CRWD | Crowdstrike Holdings Inc - A | +0.1% | -7.65% | 加碼 |
| 28 | GEV | GE Vernova Inc | +0.1% | +9.08% | 加碼 |
| 29 | SGOV | Ishares 0-3 Month Treasury B | +0.1% | +528.38% | 加碼 |
| 30 | IQV | Iqvia Holdings Inc | +0.1% | -6.19% | 加碼 |
| 31 | SLV | Ishares Silver Trust | +0.1% | +61.61% | 加碼 |
| 32 | STRL | Sterling Infrastructure Inc | +0.1% | +17.84% | 加碼 |
| 33 | AGG | Ishares Core U.s. Aggregate | +0.1% | +6.43% | 加碼 |
| 34 | NFLX | Netflix Inc | +0.1% | -7.53% | 加碼 |
| 35 | RACE | Ferrari N.V. | +0.1% | +18.95% | 加碼 |
| 36 | PANW | Palo Alto Networks Inc | +0.1% | +2.13% | 加碼 |
| 37 | XLK | Ss Technology Select Sector | +0.1% | -6.14% | 減碼 |
| 38 | GLD | Spdr Gold Shares | +0.1% | +7.83% | 加碼 |
| 39 | XJQCX | Nuveen Credit Strategies Inc | +0.1% | +240.08% | 加碼 |
| 40 | UNH | Unitedhealth Group Inc | +0.1% | -10.76% | 加碼 |
| 41 | FANG | Diamondback Energy Inc | +0.1% | +59.04% | 加碼 |
| 42 | SMCI | Super Micro Computer Inc | +0.1% | +31.15% | 加碼 |
| 43 | AMD | Advanced Micro Devices | +0.1% | -10.52% | 減碼 |
| 44 | XYZ | Block Inc | +0.1% | -9.22% | 加碼 |
| 45 | CGGR | Cap Group Growth Equity | +0.1% | +32.33% | 加碼 |
| 46 | MITK | Mitek Systems Inc | +0.1% | +19.10% | 加碼 |
| 47 | PSEC | Prospect Capital CORP | +0.1% | +39.28% | 加碼 |
| 48 | JEPQ | JPM Nasdaq Equity Premium | +0.1% | +4.67% | 加碼 |
| 49 | SOXX | Ishares Semiconductor ETF | +0.1% | +9.41% | 加碼 |
| 50 | META | Meta Platforms Inc-class A | +0.1% | -7.06% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Kovack Advisors, Inc. 在 Q3 2025 季度的美股持倉總市值約為 US$20.8億，共申報了 611 個公開持股部位。
在 Q3 2025 季度，Kovack Advisors, Inc. 按市值排列的前三大核心持股分別為：NVDA (5.8%)、AAPL (3.7%)、SPMO (2.7%)。其中最大持股部位 NVDA 佔據整體投資組合約 5.8% 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
SPMO
市值: US$2879.0萬
本季最大獲利了結 / 清倉標的
HEFA
前期市值: US$1230.2萬
在 Q3 2025 季度中，Kovack Advisors, Inc. 共進行了 198 項持倉異動，包含新建倉 41 個部位、加碼 76 個部位、減碼 62 個部位以及清倉 19 個部位。 其中最大新建倉標的為 SPMO。 本季清倉部位包含 HEFA。
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。