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: 0001686988
申報總市值
US$9.6億
US$9.6億
363 檔
9.9%
在 Q3 2025 的 13F 官方備案中，L2 Asset Management, LLC 管理的美股投資組合規模來到 US$9.6億，整體持股檔數為 363 檔。
L2 Asset Management, LLC 於 Q3 2025 展現出進攻型調倉步調，本季推動了 74 檔股票的新建倉與 91 檔既有部位加碼，整體資金傾向擴大在美股市場的曝險佈局。
在資產配置集中度方面，L2 Asset Management, LLC 的前 5 大核心持股（包含 SGOV, NVDA, MSFT 等）合計佔整體申報市值的 9.9%，反映機構在主要關鍵部位上的權重分佈。
僅顯示前 200 大持股（共 363 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 | SGOV | Ishares 0-3 Month Treasury B | ETF-政府公債 | 3.49% | -2.19% | +6.30% | |
| 2 | NVDA | Nvidia CORP | 股票-科技 | 2.98% | +0.69% | +5.08% | |
| 3 | MSFT | Microsoft CORP | 股票-科技 | 2.64% | +0.22% | -2.98% | |
| 4 | AAPL | Apple Inc | 股票-科技 | 2.55% | +0.51% | -0.94% | |
| 5 | SCHI | Schwab 5-10 Year Corporate B | ETF-投資等級公司債 | 2.17% | -1.26% | -0.11% | |
| 6 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 2.15% | -0.12% | -1.65% | |
| 7 | MTBA | Simplify Mbs ETF | ETF-其他 | 1.93% | -1.13% | +23.43% | |
| 8 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 1.93% | -0.16% | +195.30% | |
| 9 | JAAA | Janus Henderson Aaa Clo ETF | ETF-其他 | 1.83% | +1.98% | +19.16% | |
| 10 | VTEB | Vanguard Tax-exempt Bond ETF | ETF-其他 | 1.77% | -1.06% | +34.62% | |
| 11 | SCHX | Schwab US Large-cap ETF | ETF-其他 | 1.49% | -1.18% | +51.95% | |
| 12 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.29% | +0.12% | -7.89% | |
| 13 | NTAP | Netapp Inc | 股票-科技 | 1.29% | +0.52% | +23.51% | |
| 14 | LOGI | Logitech International S.A. | 股票-科技 | 1.26% | +0.14% | +2.25% | |
| 15 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 1.25% | +0.32% | +3.20% | |
| 16 | CSCO | Cisco Systems Inc | 股票-科技 | 1.14% | +0.30% | +11.13% | |
| 17 | IBM | Intl Business Machines CORP | 股票-科技 | 1.13% | +0.04% | -13.63% | |
| 18 | EXPE | Expedia Group Inc | 股票-循環性消費 | 1.12% | -0.08% | -1.40% | |
| 19 | QCOM | Qualcomm Inc | 股票-科技 | 1.11% | +0.32% | +22.38% | |
| 20 | APP | Applovin Corp-class A | 股票-科技 | 1.11% | +0.03% | +4.42% | |
| 21 | EFV | Ishares Msci Eafe Value ETF | ETF-其他 | 1.10% | +0.26% | +50.51% | |
| 22 | FLEX | Flex Ltd. | 股票-科技 | 1.05% | +0.13% | -13.38% | |
| 23 | CF | Cf Industries Holdings Inc | 股票-原物料 | 1.05% | -0.29% | +20.20% | |
| 24 | SCHG | Schwab US Large-cap Growth | ETF-其他 | 1.05% | +0.25% | +50.00% | |
| 25 | AVGO | Broadcom Inc | 股票-科技 | 1.04% | +0.30% | +4.98% | |
| 26 | CPAY | Corpay Inc | 股票-科技 | 1.00% | -0.10% | +1.44% | |
| 27 | SYF | Synchrony Financial | 股票-金融 | 0.98% | +0.14% | -0.83% | |
| 28 | AVUV | Avantis US Small Cap Value | ETF-中小型股 | 0.98% | -0.89% | +27.41% | |
| 29 | GILD | Gilead Sciences Inc | 股票-醫療保健 | 0.98% | -0.03% | +7.44% | |
| 30 | FOXA | Fox CORP - Class A | 股票-通訊服務 | 0.96% | -0.11% | +2.35% | |
| 31 | VWOB | Vanguard Emerg Mkts Gov Bnd | ETF-其他 | 0.94% | -0.54% | +26.47% | |
| 32 | CAH | Cardinal Health Inc | 股票-醫療保健 | 0.88% | +0.41% | +29.33% | |
| 33 | AMP | Ameriprise Financial Inc | 股票-金融 | 0.88% | +0.20% | -3.82% | |
| 34 | EBAY | Ebay Inc | 股票-循環性消費 | 0.88% | +0.01% | -17.20% | |
| 35 | JBL | Jabil Inc | 股票-科技 | 0.87% | +0.10% | -16.06% | |
| 36 | UTHR | United Therapeutics CORP | 股票-醫療保健 | 0.87% | -0.19% | +60.12% | |
| 37 | SCYB | Schwab High Yield Bond ETF | ETF-非投資等級債 | 0.86% | -0.51% | +18.10% | |
| 38 | TSLA | Tesla Inc | 股票-循環性消費 | 0.85% | +0.29% | +5.43% | |
| 39 | RL | Ralph Lauren CORP | 股票-循環性消費 | 0.84% | +0.08% | -34.86% | |
| 40 | LYV | Live Nation Entertainment In | 股票-通訊服務 | 0.83% | -0.10% | +70.42% | |
| 41 | ZM | Zoom Communications Inc | 股票-科技 | 0.79% | -0.19% | +31.63% | |
| 42 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.77% | +0.30% | +4.15% | |
| 43 | SCHQ | Schwab Long-term US Treasury | ETF-政府公債 | 0.73% | -0.43% | -0.33% | |
| 44 | PREF | Pri Spe Pre Sec Acti-usd Inc | ETF-其他 | 0.72% | -0.65% | — | |
| 45 | PFLD | Aam Low Dur Pref & Inc Sec | ETF-其他 | 0.71% | -0.48% | — | |
| 46 | WFC | Wells Fargo & Co | 股票-金融 | 0.67% | +0.02% | -30.55% | |
| 47 | DELL | Dell Technologies -c | 股票-科技 | 0.67% | +1.23% | -20.94% | |
| 48 | SCHE | Schwab Emrg Mrkts Eqty ETF | ETF-其他 | 0.63% | -0.58% | +72.59% | |
| 49 | PYPL | Paypal Holdings Inc | 股票-金融 | 0.62% | -0.13% | +0.46% | |
| 50 | TPR | Tapestry Inc | 股票-循環性消費 | 0.58% | +0.15% | +17.91% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | SCHX | Schwab US Large-cap ETF | +0.9% | +51.95% | 加碼 |
| 2 | SCHG | Schwab US Large-cap Growth | +0.8% | +50.00% | 加碼 |
| 3 | NVDA | Nvidia CORP | +0.8% | +5.08% | 加碼 |
| 4 | BRK-B | Berkshire Hathaway Inc-cl B | +0.7% | +195.30% | 加碼 |
| 5 | LYV | Live Nation Entertainment In | +0.7% | +70.42% | 加碼 |
| 6 | EFV | Ishares Msci Eafe Value ETF | +0.6% | +50.51% | 加碼 |
| 7 | AVUV | Avantis US Small Cap Value | +0.6% | +27.41% | 加碼 |
| 8 | CF | Cf Industries Holdings Inc | +0.5% | +20.20% | 加碼 |
| 9 | DVA | Davita Inc | +0.4% | -3.93% | 加碼 |
| 10 | ZM | Zoom Communications Inc | +0.4% | +31.63% | 加碼 |
| 11 | SCHF | Schwab Intl Equity ETF | +0.4% | +31.05% | 加碼 |
| 12 | SCHE | Schwab Emrg Mrkts Eqty ETF | +0.4% | +72.59% | 加碼 |
| 13 | AVGO | Broadcom Inc | +0.4% | +4.98% | 加碼 |
| 14 | CSCO | Cisco Systems Inc | +0.4% | +11.13% | 加碼 |
| 15 | SLB | Slb LTD | +0.4% | +172.17% | 加碼 |
| 16 | GILD | Gilead Sciences Inc | +0.3% | +7.44% | 加碼 |
| 17 | EOG | Eog Resources Inc | +0.3% | +69.56% | 加碼 |
| 18 | LNG | Cheniere Energy Inc | +0.2% | +754.17% | 加碼 |
| 19 | EUSA | Ishares Msci USA Equal Weigh | +0.2% | +47.79% | 加碼 |
| 20 | FLEX | Flex Ltd. | +0.2% | -13.38% | 加碼 |
| 21 | TSLA | Tesla Inc | +0.2% | +5.43% | 加碼 |
| 22 | GOOGL | Alphabet Inc-cl A | +0.2% | +3.20% | 加碼 |
| 23 | FOXA | Fox CORP - Class A | +0.2% | +2.35% | 加碼 |
| 24 | ABNB | Airbnb Inc-class A | +0.2% | -21.02% | 加碼 |
| 25 | ORCL | Oracle CORP | +0.1% | +9.25% | 加碼 |
| 26 | GOOG | Alphabet Inc-cl C | +0.1% | +4.15% | 加碼 |
| 27 | PLTR | Palantir Technologies Inc-a | +0.1% | +3.15% | 加碼 |
| 28 | KMB | Kimberly-clark CORP | +0.1% | +141.85% | 加碼 |
| 29 | FIX | Comfort Systems USA Inc | +0.1% | -19.31% | 減碼 |
| 30 | ENSG | Ensign Group Inc/the | +0.1% | +33.37% | 加碼 |
| 31 | VST | Vistra CORP | +0.1% | +10.01% | 加碼 |
| 32 | MRK | Merck & Co. Inc. | +0.1% | +121.80% | 加碼 |
| 33 | NTAP | Netapp Inc | +0.1% | +23.51% | 加碼 |
| 34 | ACM | Aecom | +0.1% | -2.17% | 加碼 |
| 35 | NYT | New York Times Co-a | +0.1% | +26.10% | 加碼 |
| 36 | HAL | Halliburton Co | +0.1% | -5.93% | 加碼 |
| 37 | JNJ | Johnson & Johnson | +0.1% | +61.60% | 加碼 |
| 38 | VAL | Valaris Limited | +0.1% | +29.03% | 加碼 |
| 39 | WRB | Wr Berkley CORP | +0.1% | +2.78% | 加碼 |
| 40 | MU | Micron Technology Inc | +0.1% | +5.25% | 加碼 |
| 41 | AMG | Affiliated Managers Group | 0% | +10.01% | 加碼 |
| 42 | PHYS | Sprott Physical Gold Trust | 0% | +49.40% | 加碼 |
| 43 | GEV | GE Vernova Inc | 0% | +4.25% | 加碼 |
| 44 | LVS | Las Vegas Sands CORP | 0% | -21.18% | 加碼 |
| 45 | GE | General Electric | 0% | +4.45% | 加碼 |
| 46 | AMD | Advanced Micro Devices | 0% | +4.86% | 加碼 |
| 47 | APH | Amphenol Corp-cl A | 0% | +5.89% | 加碼 |
| 48 | COF | Capital One Financial CORP | 0% | -91.01% | 加碼 |
| 49 | AMGN | Amgen Inc | 0% | +10.61% | 加碼 |
| 50 | GS | Goldman Sachs Group Inc | 0% | +3.46% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，L2 Asset Management, LLC 在 Q3 2025 季度的美股持倉總市值約為 US$9.6億，共申報了 363 個公開持股部位。
在 Q3 2025 季度，L2 Asset Management, LLC 按市值排列的前三大核心持股分別為：SGOV (3.5%)、NVDA (3.0%)、MSFT (2.6%)。其中最大持股部位 SGOV 佔據整體投資組合約 3.5% 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
PREF
市值: US$500.4萬
本季最大獲利了結 / 清倉標的
DFSEUR
前期市值: US$548.4萬
在 Q3 2025 季度中，L2 Asset Management, LLC 共進行了 200 項持倉異動，包含新建倉 74 個部位、加碼 91 個部位、減碼 25 個部位以及清倉 10 個部位。 其中最大新建倉標的為 PREF。 本季清倉部位包含 DFSEUR。
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。