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: 0002006661
申報總市值
US$1.4億
US$1.4億
48 檔
25.4%
Q3 2025 季度申報顯示，Leibman Financial Services, Inc. 揭露的美股組合總市值為 US$1.4億，涵蓋 48 個不同之權益投資部位。
在 Q3 2025，Leibman Financial Services, Inc. 展現出較為審慎的避險與獲利了結姿態。本季共減碼 23 個部位並完全清倉 14 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 USFR, INDA, AVDV）占據了總市值的 25.4%，展現出該機構在 Q3 2025 的重點資金聚焦與風險分佈特徵。
| # | 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 | USFR | Wisdomtree Floating Rate Tre | ETF-其他 | 12.64% | -2.19% | +69.02% | |
| 2 | INDA | Ishares Msci India ETF | ETF-其他 | 4.30% | — | +2521.78% | |
| 3 | AVDV | Avantis Intl S/c Value ETF | ETF-其他 | 4.06% | +0.97% | +19.87% | |
| 4 | ARE | Alexandria Real Estate Equit | 股票-房地產 | 3.55% | -0.10% | +26.12% | |
| 5 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 3.45% | +0.81% | +0.30% | |
| 6 | URI | United Rentals Inc | 股票-工業 | 3.43% | -0.29% | -12.66% | |
| 7 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 3.37% | -0.07% | -25.87% | |
| 8 | STRL | Sterling Infrastructure Inc | 股票-工業 | 3.30% | — | -11.57% | |
| 9 | AAPL | Apple Inc | 股票-科技 | 3.17% | +0.40% | +25.57% | |
| 10 | TECK | Teck Resources Ltd-cls B | 股票-原物料 | 3.11% | +0.31% | -2.80% | |
| 11 | AMZN | Amazon.com Inc | 股票-循環性消費 | 3.07% | +0.19% | -3.92% | |
| 12 | LULU | Lululemon Athletica Inc | 股票-循環性消費 | 3.00% | — | +89.81% | |
| 13 | AES | Aes CORP | 股票-公用事業 | 2.71% | — | -13.11% | |
| 14 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 2.67% | -1.51% | -34.43% | |
| 15 | TMUS | T-mobile US Inc | 股票-通訊服務 | 2.66% | +0.15% | +1.69% | |
| 16 | FCX | Freeport-mcmoran Inc | 股票-原物料 | 2.56% | +0.01% | -11.03% | |
| 17 | SMIN | Ishares Msci India Small-cap | ETF-其他 | 2.54% | -2.55% | EXIT | |
| 18 | AMGN | Amgen Inc | 股票-醫療保健 | 2.39% | -2.78% | EXIT | |
| 19 | FSLR | First Solar Inc | 股票-科技 | 2.30% | +0.25% | -50.01% | |
| 20 | DIS | Walt Disney Co/the | 股票-通訊服務 | 2.25% | +0.21% | +2.89% | |
| 21 | ALB | Albemarle CORP | 股票-原物料 | 1.99% | +0.73% | -33.78% | |
| 22 | AMAT | Applied Materials Inc | 股票-科技 | 1.91% | — | -15.62% | |
| 23 | LOW | Lowe's Cos Inc | 股票-循環性消費 | 1.86% | -0.04% | -5.39% | |
| 24 | TTD | Trade Desk Inc/the -class A | 股票-通訊服務 | 1.71% | — | -3.73% | |
| 25 | PLD | Prologis Inc | 股票-房地產 | 1.66% | -0.01% | -1.81% | |
| 26 | KNSL | Kinsale Capital Group Inc | 股票-金融 | 1.45% | +0.16% | +0.27% | |
| 27 | PINS | Pinterest Inc- Class A | 股票-通訊服務 | 1.41% | -0.10% | +5.10% | |
| 28 | CMG | Chipotle Mexican Grill Inc | 股票-循環性消費 | 1.33% | +0.21% | +4.36% | |
| 29 | TGT | Target CORP | 股票-循環性消費 | 1.30% | -1.81% | EXIT | |
| 30 | P | Everpure Inc-a | 股票-科技 | 1.21% | — | -50.62% | |
| 31 | MSFT | Microsoft CORP | 股票-科技 | 1.19% | — | -51.19% | |
| 32 | CAVA | Cava Group Inc | 股票-循環性消費 | 1.17% | — | +109.44% | |
| 33 | CRWD | Crowdstrike Holdings Inc - A | 股票-科技 | 1.16% | +0.15% | -3.23% | |
| 34 | CASY | Casey's General Stores Inc | 股票-循環性消費 | 1.08% | -0.40% | -2.44% | |
| 35 | GRAB | Grab Holdings Limited | 股票-科技 | 1.02% | -0.11% | +0.97% | |
| 36 | NXT | Nextpower Inc-cl A | 股票-科技 | 0.98% | +0.42% | — | |
| 37 | DDOG | Datadog Inc - Class A | 股票-科技 | 0.93% | -0.43% | -52.97% | |
| 38 | SE | Sea Ltd-adr | 股票-通訊服務 | 0.93% | -0.61% | — | |
| 39 | CPNG | Coupang Inc | 股票-循環性消費 | 0.87% | +0.02% | — | |
| 40 | ENPH | Enphase Energy Inc | 股票-科技 | 0.82% | -0.78% | EXIT | |
| 41 | PGNY | Progyny Inc | 股票-其他 | 0.75% | — | -0.08% | |
| 42 | MELI | Mercadolibre Inc | 股票-循環性消費 | 0.74% | +0.23% | — | |
| 43 | PUBM | Pubmatic Inc-class A | 股票-其他 | 0.66% | — | +0.13% | |
| 44 | SHV | Ishares 0-1 Year Treasury Bo | ETF-政府公債 | 0.49% | +0.04% | -19.45% | |
| 45 | DE | Deere & Co | 股票-工業 | 0.31% | +0.01% | -20.04% | |
| 46 | UNP | Union Pacific CORP | 股票-工業 | 0.17% | — | — | |
| 47 | TSLA | Tesla Inc | 股票-循環性消費 | 0.16% | — | -64.35% | |
| 48 | SHEL | Shell Plc-adr | 股票-能源 | 0.15% | — | -4.66% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | INDA | Ishares Msci India ETF | +4.1% | +2521.78% | 加碼 |
| 2 | AMZN | Amazon.com Inc | +1.3% | -3.92% | 加碼 |
| 3 | USFR | Wisdomtree Floating Rate Tre | +1.3% | +69.02% | 加碼 |
| 4 | AAPL | Apple Inc | +0.7% | +25.57% | 加碼 |
| 5 | ARE | Alexandria Real Estate Equit | +0.5% | +26.12% | 加碼 |
| 6 | LULU | Lululemon Athletica Inc | +0.5% | +89.81% | 加碼 |
| 7 | FSLR | First Solar Inc | +0.4% | -50.01% | 減碼 |
| 8 | GRAB | Grab Holdings Limited | +0.3% | +0.97% | 加碼 |
| 9 | TECK | Teck Resources Ltd-cls B | +0.3% | -2.80% | 減碼 |
| 10 | CRWD | Crowdstrike Holdings Inc - A | +0.3% | -3.23% | 減碼 |
| 11 | URI | United Rentals Inc | +0.2% | -12.66% | 減碼 |
| 12 | PUBM | Pubmatic Inc-class A | +0.2% | +0.13% | 加碼 |
| 13 | AMAT | Applied Materials Inc | +0.2% | -15.62% | 減碼 |
| 14 | TSM | Taiwan Semiconductor-sp Adr | +0.2% | -25.87% | 減碼 |
| 15 | PINS | Pinterest Inc- Class A | +0.2% | +5.10% | 加碼 |
| 16 | SMIN | Ishares Msci India Small-cap | +0.1% | -5.93% | 加碼 |
| 17 | PLD | Prologis Inc | 0% | -1.81% | 加碼 |
| 18 | TTD | Trade Desk Inc/the -class A | 0% | -3.73% | 加碼 |
| 19 | PGNY | Progyny Inc | 0% | -0.08% | 加碼 |
| 20 | TGT | Target CORP | -0.1% | +7.70% | 加碼 |
| 21 | P | Everpure Inc-a | -0.1% | -50.62% | 減碼 |
| 22 | DIS | Walt Disney Co/the | -0.2% | +2.89% | 減碼 |
| 23 | TSLA | Tesla Inc | -0.2% | -64.35% | 減碼 |
| 24 | AES | Aes CORP | -0.3% | -13.11% | 減碼 |
| 25 | SHEL | Shell Plc-adr | -0.3% | -4.66% | 減碼 |
| 26 | LOW | Lowe's Cos Inc | -0.3% | -5.39% | 減碼 |
| 27 | KNSL | Kinsale Capital Group Inc | -0.3% | +0.27% | 減碼 |
| 28 | TMUS | T-mobile US Inc | -0.3% | +1.69% | 加碼 |
| 29 | UNP | Union Pacific CORP | -0.3% | — | 減碼 |
| 30 | SHV | Ishares 0-1 Year Treasury Bo | -0.3% | -19.45% | 減碼 |
| 31 | GOOG | Alphabet Inc-cl C | -0.3% | -34.43% | 減碼 |
| 32 | DDOG | Datadog Inc - Class A | -0.4% | -52.97% | 減碼 |
| 33 | ALB | Albemarle CORP | -0.4% | -33.78% | 減碼 |
| 34 | FCX | Freeport-mcmoran Inc | -0.5% | -11.03% | 減碼 |
| 35 | ENPH | Enphase Energy Inc | -0.6% | +0.52% | 加碼 |
| 36 | AMGN | Amgen Inc | -0.6% | +1.50% | 減碼 |
| 37 | MSFT | Microsoft CORP | -1% | -51.19% | 減碼 |
| 38 | BRK-B | Berkshire Hathaway Inc-cl B | -1% | +0.30% | 減碼 |
| 39 | DE | Deere & Co | -2.2% | -20.04% | 減碼 |
| 40 | EPI | Wisdomtree India Earnings | — | EXIT | 清倉 |
| 41 | AVDV | Avantis Intl S/c Value ETF | — | NEW | 新建倉 |
| 42 | STRL | Sterling Infrastructure Inc | — | NEW | 新建倉 |
| 43 | CVX | Chevron CORP | — | EXIT | 清倉 |
| 44 | GPC | Genuine Parts Co | — | EXIT | 清倉 |
| 45 | DG | Dollar General CORP | — | EXIT | 清倉 |
| 46 | CMG | Chipotle Mexican Grill Inc | — | NEW | 新建倉 |
| 47 | MTH | Meritage Homes CORP | — | EXIT | 清倉 |
| 48 | CAVA | Cava Group Inc | — | NEW | 新建倉 |
| 49 | CASY | Casey's General Stores Inc | — | NEW | 新建倉 |
| 50 | NXT | Nextpower Inc-cl A | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Leibman Financial Services, Inc. 在 Q3 2025 季度的美股持倉總市值約為 US$1.4億，共申報了 48 個公開持股部位。
在 Q3 2025 季度，Leibman Financial Services, Inc. 按市值排列的前三大核心持股分別為：USFR (12.6%)、INDA (4.3%)、AVDV (4.1%)。其中最大持股部位 USFR 佔據整體投資組合約 12.6% 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
AVDV
市值: US$534.8萬
本季最大獲利了結 / 清倉標的
EPI
前期市值: US$547.9萬
在 Q3 2025 季度中，Leibman Financial Services, Inc. 共進行了 62 項持倉異動，包含新建倉 9 個部位、加碼 16 個部位、減碼 23 個部位以及清倉 14 個部位。 其中最大新建倉標的為 AVDV。 本季清倉部位包含 EPI。
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。