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
366 檔
10.6%
截至 Q4 2025 季度末，L2 Asset Management, LLC 的美股持倉估值約為 US$9.6億，全數申報部位共有 366 檔。
在 Q4 2025，L2 Asset Management, LLC 操作展現出積極擴展與加碼意向。本季共新建倉 19 個新部位，並對 121 個既有持股進行加碼（合計增持 140 檔），相較減碼與清倉部位顯著佔優。
整體而言，L2 Asset Management, LLC 的前 5 大持股（包含 SGOV, NVDA, AAPL）貢獻了組合市值的 10.6%，形成該機構在 Q4 2025 季度的基本面基石。
僅顯示前 200 大持股（共 366 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 | 3.30% | -2.19% | +2.68% | |
| 2 | NVDA | Nvidia CORP | 股票-科技 | 2.94% | +0.69% | +6.90% | |
| 3 | AAPL | Apple Inc | 股票-科技 | 2.83% | +0.51% | +12.69% | |
| 4 | MSFT | Microsoft CORP | 股票-科技 | 2.46% | +0.22% | +8.19% | |
| 5 | SCHX | Schwab US Large-cap ETF | ETF-其他 | 2.08% | -1.18% | +47.49% | |
| 6 | SCHI | Schwab 5-10 Year Corporate B | ETF-投資等級公司債 | 2.01% | -1.26% | +0.54% | |
| 7 | MTBA | Simplify Mbs ETF | ETF-其他 | 1.84% | -1.13% | +2.68% | |
| 8 | JAAA | Janus Henderson Aaa Clo ETF | ETF-其他 | 1.74% | +1.98% | +3.15% | |
| 9 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 1.71% | -0.16% | -3.95% | |
| 10 | VTEB | Vanguard Tax-exempt Bond ETF | ETF-其他 | 1.68% | -1.06% | +2.32% | |
| 11 | EFV | Ishares Msci Eafe Value ETF | ETF-其他 | 1.56% | +0.26% | +46.05% | |
| 12 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.52% | -0.12% | -14.59% | |
| 13 | EXPE | Expedia Group Inc | 股票-循環性消費 | 1.50% | -0.08% | +9.89% | |
| 14 | SCHG | Schwab US Large-cap Growth | ETF-其他 | 1.48% | +0.25% | +49.10% | |
| 15 | AVUV | Avantis US Small Cap Value | ETF-中小型股 | 1.44% | -0.89% | +56.17% | |
| 16 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 1.42% | +0.32% | -4.66% | |
| 17 | CSCO | Cisco Systems Inc | 股票-科技 | 1.27% | +0.30% | +7.79% | |
| 18 | GILD | Gilead Sciences Inc | 股票-醫療保健 | 1.16% | -0.03% | +16.80% | |
| 19 | SYF | Synchrony Financial | 股票-金融 | 1.12% | +0.14% | +5.50% | |
| 20 | AVGO | Broadcom Inc | 股票-科技 | 1.08% | +0.30% | +8.04% | |
| 21 | CAH | Cardinal Health Inc | 股票-醫療保健 | 1.08% | +0.41% | +1.42% | |
| 22 | NTAP | Netapp Inc | 股票-科技 | 1.06% | +0.52% | -1.08% | |
| 23 | FOXA | Fox CORP - Class A | 股票-通訊服務 | 1.04% | -0.11% | +1.41% | |
| 24 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 1.00% | +0.30% | +8.92% | |
| 25 | DLTR | Dollar Tree Inc | 股票-非循環性消費 | 1.00% | +0.50% | +119.86% | |
| 26 | JBL | Jabil Inc | 股票-科技 | 0.99% | +0.10% | +18.01% | |
| 27 | QCOM | Qualcomm Inc | 股票-科技 | 0.99% | +0.32% | -5.76% | |
| 28 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.98% | +0.12% | -19.95% | |
| 29 | IBM | Intl Business Machines CORP | 股票-科技 | 0.96% | +0.04% | -12.45% | |
| 30 | CF | Cf Industries Holdings Inc | 股票-原物料 | 0.95% | -0.29% | +13.55% | |
| 31 | FLEX | Flex Ltd. | 股票-科技 | 0.95% | +0.13% | -6.32% | |
| 32 | TSLA | Tesla Inc | 股票-循環性消費 | 0.92% | +0.29% | +15.97% | |
| 33 | SCHE | Schwab Emrg Mrkts Eqty ETF | ETF-其他 | 0.90% | -0.58% | +57.85% | |
| 34 | LOGI | Logitech International S.A. | 股票-科技 | 0.89% | +0.14% | -16.24% | |
| 35 | VWOB | Vanguard Emerg Mkts Gov Bnd | ETF-其他 | 0.89% | -0.54% | +1.42% | |
| 36 | ZM | Zoom Communications Inc | 股票-科技 | 0.87% | -0.19% | +14.69% | |
| 37 | SCHF | Schwab Intl Equity ETF | ETF-其他 | 0.86% | -0.57% | +68.73% | |
| 38 | RL | Ralph Lauren CORP | 股票-循環性消費 | 0.85% | +0.08% | -2.27% | |
| 39 | AMP | Ameriprise Financial Inc | 股票-金融 | 0.85% | +0.20% | +4.44% | |
| 40 | SCYB | Schwab High Yield Bond ETF | ETF-非投資等級債 | 0.81% | -0.51% | +3.16% | |
| 41 | PREF | Pri Spe Pre Sec Acti-usd Inc | ETF-其他 | 0.80% | -0.65% | +20.73% | |
| 42 | UTHR | United Therapeutics CORP | 股票-醫療保健 | 0.78% | -0.19% | -16.30% | |
| 43 | PFLD | Aam Low Dur Pref & Inc Sec | ETF-其他 | 0.78% | -0.48% | +19.12% | |
| 44 | CPAY | Corpay Inc | 股票-科技 | 0.77% | -0.10% | -19.63% | |
| 45 | RPRX | Royalty Pharma plc | 股票-醫療保健 | 0.75% | +0.08% | +58.06% | |
| 46 | HO1 | Hologic Inc | 股票-其他 | 0.74% | -0.55% | EXIT | |
| 47 | SCHQ | Schwab Long-term US Treasury | ETF-政府公債 | 0.69% | -0.43% | +3.35% | |
| 48 | LYV | Live Nation Entertainment In | 股票-通訊服務 | 0.67% | -0.10% | +0.28% | |
| 49 | EBAY | Ebay Inc | 股票-循環性消費 | 0.66% | +0.01% | -14.87% | |
| 50 | TPR | Tapestry Inc | 股票-循環性消費 | 0.64% | +0.15% | +6.05% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | DLTR | Dollar Tree Inc | +0.6% | +119.86% | 加碼 |
| 2 | SCHX | Schwab US Large-cap ETF | +0.6% | +47.49% | 加碼 |
| 3 | HO1 | Hologic Inc | +0.5% | +174.27% | 加碼 |
| 4 | EFV | Ishares Msci Eafe Value ETF | +0.5% | +46.05% | 加碼 |
| 5 | AVUV | Avantis US Small Cap Value | +0.5% | +56.17% | 加碼 |
| 6 | SCHG | Schwab US Large-cap Growth | +0.4% | +49.10% | 加碼 |
| 7 | EXPE | Expedia Group Inc | +0.4% | +9.89% | 加碼 |
| 8 | SCHF | Schwab Intl Equity ETF | +0.3% | +68.73% | 加碼 |
| 9 | HAL | Halliburton Co | +0.3% | +96.69% | 加碼 |
| 10 | LRCX | Lam Research CORP | +0.3% | +60.59% | 加碼 |
| 11 | AAPL | Apple Inc | +0.3% | +12.69% | 加碼 |
| 12 | RPRX | Royalty Pharma plc | +0.3% | +58.06% | 加碼 |
| 13 | SCHE | Schwab Emrg Mrkts Eqty ETF | +0.3% | +57.85% | 加碼 |
| 14 | GOOG | Alphabet Inc-cl C | +0.2% | +8.92% | 加碼 |
| 15 | ABNB | Airbnb Inc-class A | +0.2% | +52.88% | 加碼 |
| 16 | CAH | Cardinal Health Inc | +0.2% | +1.42% | 加碼 |
| 17 | SCHW | Schwab (charles) CORP | +0.2% | +179.04% | 加碼 |
| 18 | GILD | Gilead Sciences Inc | +0.2% | +16.80% | 加碼 |
| 19 | GOOGL | Alphabet Inc-cl A | +0.2% | -4.66% | 減碼 |
| 20 | AMGN | Amgen Inc | +0.2% | +27.78% | 加碼 |
| 21 | EUSA | Ishares Msci USA Equal Weigh | +0.2% | +52.84% | 加碼 |
| 22 | SYF | Synchrony Financial | +0.1% | +5.50% | 加碼 |
| 23 | CSCO | Cisco Systems Inc | +0.1% | +7.79% | 加碼 |
| 24 | AU | AngloGold Ashanti plc | +0.1% | +37.68% | 加碼 |
| 25 | JBL | Jabil Inc | +0.1% | +18.01% | 加碼 |
| 26 | SLB | Slb LTD | +0.1% | +24.66% | 加碼 |
| 27 | EOG | Eog Resources Inc | +0.1% | +56.55% | 加碼 |
| 28 | ANF | Abercrombie & Fitch Co-cl A | +0.1% | +181.65% | 加碼 |
| 29 | CHKP | Check Point Software Technologies Ltd. | +0.1% | +43.72% | 加碼 |
| 30 | JEPI | Jpmorgan Equity Premium Inco | +0.1% | +160.35% | 加碼 |
| 31 | RGLD | Royal Gold Inc | +0.1% | +105.80% | 加碼 |
| 32 | LVS | Las Vegas Sands CORP | +0.1% | +12.27% | 加碼 |
| 33 | MU | Micron Technology Inc | +0.1% | +7.90% | 加碼 |
| 34 | FOXA | Fox CORP - Class A | +0.1% | +1.41% | 加碼 |
| 35 | ZM | Zoom Communications Inc | +0.1% | +14.69% | 加碼 |
| 36 | PREF | Pri Spe Pre Sec Acti-usd Inc | +0.1% | +20.73% | 加碼 |
| 37 | MLI | Mueller Industries Inc | +0.1% | +49.99% | 加碼 |
| 38 | RNR | RenaissanceRe Holdings Ltd. | +0.1% | +56.60% | 加碼 |
| 39 | TSLA | Tesla Inc | +0.1% | +15.97% | 加碼 |
| 40 | PFLD | Aam Low Dur Pref & Inc Sec | +0.1% | +19.12% | 加碼 |
| 41 | SPMD | Ss Spdr P S&p 400 Midcap ETF | +0.1% | +110.36% | 加碼 |
| 42 | TPR | Tapestry Inc | +0.1% | +6.05% | 加碼 |
| 43 | NRG | Nrg Energy Inc | +0.1% | +32.95% | 加碼 |
| 44 | AMD | Advanced Micro Devices | +0.1% | +10.28% | 加碼 |
| 45 | MRK | Merck & Co. Inc. | +0.1% | +12.82% | 加碼 |
| 46 | CAT | Caterpillar Inc | +0.1% | +12.93% | 加碼 |
| 47 | NYT | New York Times Co-a | +0.1% | +24.63% | 加碼 |
| 48 | SCHV | Schwab US Large-cap Value | +0.1% | +61.81% | 加碼 |
| 49 | CHE | Chemed CORP | +0.1% | +85.90% | 加碼 |
| 50 | RYN | Rayonier Inc | +0.1% | +132.08% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，L2 Asset Management, LLC 在 Q4 2025 季度的美股持倉總市值約為 US$9.6億，共申報了 366 個公開持股部位。
在 Q4 2025 季度，L2 Asset Management, LLC 按市值排列的前三大核心持股分別為：SGOV (3.3%)、NVDA (2.9%)、AAPL (2.8%)。其中最大持股部位 SGOV 佔據整體投資組合約 3.3% 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
INCY
市值: US$415.5萬
本季最大獲利了結 / 清倉標的
DVA
前期市值: US$376.9萬
在 Q4 2025 季度中，L2 Asset Management, LLC 共進行了 198 項持倉異動，包含新建倉 19 個部位、加碼 121 個部位、減碼 40 個部位以及清倉 18 個部位。 其中最大新建倉標的為 INCY。 本季清倉部位包含 DVA。
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。