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: 0001566089
申報總市值
US$8666.5萬
US$8666.5萬
34 檔
33.7%
LDR Capital Management LLC 在 Q3 2025 季度的美股部位總計估值為 US$8666.5萬，分散於 34 個持倉標的之中，反映其市場參與廣度與投資規模。
觀察 Q3 2025 的資金脈絡，LDR Capital Management LLC 在獲利結算 8 檔個股的同時，將資本重新部署至 13 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，LDR Capital Management LLC 的前 5 大核心持股（包含 EPR 9 PERP E, RLJ 1.95 PERP A, VICI 等）合計佔整體申報市值的 33.7%，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
DHC
市值: US$206.5萬
本季最大獲利了結 / 清倉標的
REXR
前期市值: US$455.8萬
| # | 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 | EPR 9 PERP E債券 | Epr Properties | 債券 | 12.96% | -0.73% | -0.04% | |
| 2 | RLJ 1.95 PERP A債券 | Rlj Lodging Trust | 債券 | 11.14% | -0.91% | -2.72% | |
| 3 | VICI | Vici Properties Inc | 股票-房地產 | 7.55% | -1.12% | -16.97% | |
| 4 | EQIX | Equinix Inc | 股票-房地產 | 5.69% | -0.60% | +1.98% | |
| 5 | PEB 6.375 PERP E債券 | Pebblebrook Hotel Trust | 債券 | 5.51% | -0.85% | -5.28% | |
| 6 | AMT | American Tower CORP | 股票-房地產 | 5.47% | -3.45% | +29.35% | |
| 7 | PEB 6.3 PERP F債券 | Pebblebrook Hotel Trust | 債券 | 5.33% | -0.40% | -5.61% | |
| 8 | ELS | Equity Lifestyle Properties | 股票-房地產 | 4.08% | -3.33% | -0.05% | |
| 9 | RPT V9.875 PERP債券 | Rithm Property Trust | 債券 | 3.82% | -0.43% | +0.90% | |
| 10 | BHR 5.5 PERP b債券 | Braemar Hotels & Resorts | 債券 | 3.20% | — | -0.03% | |
| 11 | DHC | Diversified Healthcare Trust | 股票-其他 | 3.03% | -0.40% | -34.52% | |
| 12 | LXP 6.5 PERP C債券 | Lxp Industrial Trust | 債券 | 2.78% | -0.28% | -15.20% | |
| 13 | BRX | Brixmor Property Group Inc | 股票-房地產 | 2.51% | -0.16% | -31.10% | |
| 14 | CHCT | Community Healthcare Trust I | 股票-其他 | 2.36% | -1.24% | EXIT | |
| 15 | UMH | Umh Properties Inc | 股票-其他 | 2.20% | -0.14% | -27.12% | |
| 16 | VRT | Vertiv Holdings Co-a | 股票-工業 | 2.08% | +0.05% | -6.46% | |
| 17 | CZR | Caesars Entertainment Inc | 股票-循環性消費 | 1.72% | — | — | |
| 18 | CTO | Cto Realty Growth Inc | 股票-其他 | 1.67% | +0.07% | +1.70% | |
| 19 | IRM | Iron Mountain Inc | 股票-房地產 | 1.66% | -0.17% | — | |
| 20 | FTAI | FTAI Aviation Ltd. | 股票-工業 | 1.62% | -0.06% | — | |
| 21 | CCI | Crown Castle Inc | 股票-房地產 | 1.60% | +2.89% | -34.67% | |
| 22 | EPR 5.75 PERP C債券 | Epr Properties | 債券 | 1.36% | -0.02% | -78.19% | |
| 23 | ARR | Armour Residential Reit Inc | 股票-其他 | 1.30% | — | — | |
| 24 | PLD | Prologis Inc | 股票-房地產 | 1.22% | -0.12% | — | |
| 25 | SPG | Simon Property Group Inc | 股票-房地產 | 1.22% | +2.10% | — | |
| 26 | O | Realty Income CORP | 股票-房地產 | 1.20% | -1.79% | — | |
| 27 | ESS | Essex Property Trust Inc | 股票-房地產 | 1.04% | +0.16% | — | |
| 28 | FIP | Ftai Infrastructure Inc | 股票-其他 | 0.95% | — | — | |
| 29 | KRG | Kite Realty Group Trust | 股票-房地產 | 0.75% | -0.27% | EXIT | |
| 30 | XRN | Chiron Real Estate Inc | 股票-其他 | 0.73% | -0.31% | EXIT | |
| 31 | STWD | Starwood Property Trust Inc | 股票-房地產 | 0.73% | — | -79.61% | |
| 32 | DLR | Digital Realty Trust Inc | 股票-房地產 | 0.70% | +3.41% | -58.31% | |
| 33 | DOC | Healthpeak Properties Inc | 股票-房地產 | 0.70% | — | -80.46% | |
| 34 | CDZI | Cadiz Inc | 股票-其他 | 0.10% | — | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | VICI | Vici Properties Inc | +3.5% | -16.97% | 加碼 |
| 2 | EPR 9 PERP E債券 | Epr Properties | +2.8% | -0.04% | 減碼 |
| 3 | RLJ 1.95 PERP A債券 | Rlj Lodging Trust | +2% | -2.72% | 減碼 |
| 4 | PEB 6.375 PERP E債券 | Pebblebrook Hotel Trust | +1.5% | -5.28% | 減碼 |
| 5 | PEB 6.3 PERP F債券 | Pebblebrook Hotel Trust | +1.3% | -5.61% | 減碼 |
| 6 | BHR 5.5 PERP b債券 | Braemar Hotels & Resorts | +1.1% | -0.03% | 減碼 |
| 7 | LXP 6.5 PERP C債券 | Lxp Industrial Trust | +0.9% | -15.20% | 加碼 |
| 8 | EQIX | Equinix Inc | +0.9% | +1.98% | 加碼 |
| 9 | VRT | Vertiv Holdings Co-a | +0.9% | -6.46% | 減碼 |
| 10 | RPT V9.875 PERP債券 | Rithm Property Trust | +0.7% | +0.90% | 加碼 |
| 11 | ELS | Equity Lifestyle Properties | +0.4% | -0.05% | 減碼 |
| 12 | CTO | Cto Realty Growth Inc | +0.2% | +1.70% | 加碼 |
| 13 | AMT | American Tower CORP | -0.2% | +29.35% | 減碼 |
| 14 | BRX | Brixmor Property Group Inc | -0.5% | -31.10% | 減碼 |
| 15 | DLR | Digital Realty Trust Inc | -0.6% | -58.31% | 減碼 |
| 16 | CHCT | Community Healthcare Trust I | -0.8% | -27.23% | 減碼 |
| 17 | UMH | Umh Properties Inc | -0.9% | -27.12% | 減碼 |
| 18 | KRG | Kite Realty Group Trust | -2.2% | -79.13% | 減碼 |
| 19 | STWD | Starwood Property Trust Inc | -2.3% | -79.61% | 減碼 |
| 20 | DOC | Healthpeak Properties Inc | -2.3% | -80.46% | 減碼 |
| 21 | EPR 5.75 PERP C債券 | Epr Properties | -3.3% | -78.19% | 減碼 |
| 22 | REXR | Rexford Industrial Realty In | — | EXIT | 清倉 |
| 23 | VRSK | Verisk Analytics, Inc. | — | EXIT | 清倉 |
| 24 | ALEX | Alexander & Baldwin Inc | — | EXIT | 清倉 |
| 25 | HHH | Howard Hughes Holdings Inc | — | EXIT | 清倉 |
| 26 | ✓ | — | EXIT | 清倉 | |
| 27 | DHC | Diversified Healthcare Trust | — | NEW | 新建倉 |
| 28 | ELME | Elme Communities | — | EXIT | 清倉 |
| 29 | ARE | Alexandria Real Estate Equit | — | EXIT | 清倉 |
| 30 | CZR | Caesars Entertainment Inc | — | NEW | 新建倉 |
| 31 | IRM | Iron Mountain Inc | — | NEW | 新建倉 |
| 32 | FTAI | FTAI Aviation Ltd. | — | NEW | 新建倉 |
| 33 | CCI | Crown Castle Inc | — | NEW | 新建倉 |
| 34 | ARR | Armour Residential Reit Inc | — | NEW | 新建倉 |
| 35 | PLD | Prologis Inc | — | NEW | 新建倉 |
| 36 | SPG | Simon Property Group Inc | — | NEW | 新建倉 |
| 37 | O | Realty Income CORP | — | NEW | 新建倉 |
| 38 | ESS | Essex Property Trust Inc | — | NEW | 新建倉 |
| 39 | FIP | Ftai Infrastructure Inc | — | NEW | 新建倉 |
| 40 | XRN | Chiron Real Estate Inc | — | NEW | 新建倉 |
| 41 | SBRA | Sabra Health Care Reit Inc | — | EXIT | 清倉 |
| 42 | CDZI | Cadiz Inc | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，LDR Capital Management LLC 在 Q3 2025 季度的美股持倉總市值約為 US$8666.5萬，共申報了 34 個公開持股部位。
在 Q3 2025 季度，LDR Capital Management LLC 按市值排列的前三大核心持股分別為：EPR 9 PERP E (13.0%)、RLJ 1.95 PERP A (11.1%)、VICI (7.5%)。其中最大持股部位 EPR 9 PERP E 佔據整體投資組合約 13.0% 的權重。
在 Q3 2025 季度中，LDR Capital Management LLC 共進行了 42 項持倉異動，包含新建倉 13 個部位、加碼 5 個部位、減碼 16 個部位以及清倉 8 個部位。 其中最大新建倉標的為 DHC。 本季清倉部位包含 REXR。
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。