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: 0001279396
申報總市值
US$193.0億
US$193.0億
307 檔
10.5%
截至 Q1 2025 季度末，Linden Advisors LP 的美股持倉估值約為 US$193.0億，全數申報部位共有 307 檔。
觀察 Q1 2025 的申報異動，Linden Advisors LP 採取了強勁的買進策略，建倉與加碼動作（合計 200 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 MSTR 0.625 03-15-30, WDC 3 11-15-28, SMCI 3.5 03-01-29）占據了總市值的 10.5%，展現出該機構在 Q1 2025 的重點資金聚焦與風險分佈特徵。
僅顯示前 200 大持股（共 307 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 | MSTR 0.625 03-15-30債券 | Strategy Inc | 債券 | 3.70% | -0.17% | — | |
| 2 | WDC 3 11-15-28債券 | Western Digital CORP | 債券 | 3.33% | — | +3.00% | |
| 3 | SMCI 3.5 03-01-29債券 | Super Micro Computer Inc | 債券 | 2.58% | +0.03% | — | |
| 4 | COIN 0.25 04-01-30債券 | Coinbase Global Inc | 債券 | 2.13% | -0.06% | — | |
| 5 | PCG 4.25 12-01-27債券 | Pg&e CORP | 債券 | 2.06% | — | +117.02% | |
| 6 | LI 0.25 05-01-28債券 | Li Auto Inc | 債券 | 2.04% | -0.05% | EXIT | |
| 7 | CFLT 0 01-15-27債券 | Confluent Inc | 債券 | 1.99% | — | -3.21% | |
| 8 | INSM 0.75 06-01-28債券 | Insmed Inc | 債券 | 1.89% | — | +4.32% | |
| 9 | SIRI 3.75 03-15-28債券 | Sirius Xm Holdings | 債券 | 1.86% | -0.71% | +8.83% | |
| 10 | X 5 11-01-26債券 | United States Steel CORP | 債券 | 1.66% | — | -11.43% | |
| 11 | MMYT 0 02-15-28債券 | Makemytrip Limited | 債券 | 1.61% | +0.07% | +3.91% | |
| 12 | DKNG 0 03-15-28債券 | Draftkings Holdings Inc | 債券 | 1.52% | — | -10.26% | |
| 13 | LITE 0.5 06-15-28債券 | Lumentum Holdings Inc | 債券 | 1.52% | -8.43% | +5.99% | |
| 14 | ZTO 1.5 09-01-27債券 | Zto Express Ky Inc | 債券 | 1.47% | — | -3.36% | |
| 15 | ASND 2.25 04-01-28債券 | Ascendis Pharma A/s | 債券 | 1.36% | -1.15% | EXIT | |
| 16 | CYTK 3.5 07-01-27債券 | Cytokinetics Inc | 債券 | 1.35% | — | +1.46% | |
| 17 | FIVN 1 03-15-29債券 | Five9 Inc | 債券 | 1.31% | -0.50% | EXIT | |
| 18 | TMDX 1.5 06-01-28債券 | Transmedics Group Inc | 債券 | 1.28% | -0.11% | EXIT | |
| 19 | IRTC 1.5 09-01-29債券 | Irhythm Holdings Inc | 債券 | 1.27% | -0.03% | EXIT | |
| 20 | LYV 3.125 01-15-29債券 | Live Nation Entertainmen | 債券 | 1.13% | -0.01% | EXIT | |
| 21 | SMTC 1.625 11-01-27債券 | Semtech CORP | 債券 | 1.06% | +0.17% | +5.76% | |
| 22 | LITE 0.5 12-15-26債券 | Lumentum Holdings Inc | 債券 | 1.04% | -3.33% | EXIT | |
| 23 | VAC 3.25 12-15-27債券 | Marriott Vacation Worldw | 債券 | 1.00% | -0.02% | EXIT | |
| 24 | RPD 0.25 03-15-27債券 | Rapid7 Inc | 債券 | 0.98% | — | — | |
| 25 | ETSY 0.125 09-01-27債券 | Etsy Inc | 債券 | 0.97% | — | +6.57% | |
| 26 | SRPT 1.25 09-15-27債券 | Sarepta Therapeutics Inc | 債券 | 0.97% | — | +68.98% | |
| 27 | DOCN 0 12-01-26債券 | Digitalocean Holdings | 債券 | 0.94% | +0.03% | NEW | |
| 28 | VSH 2.25 09-15-30債券 | Vishay Intertechnology | 債券 | 0.94% | +3.03% | +38.58% | |
| 29 | EXAS 0.375 03-15-27債券 | Exact Sciences CORP | 債券 | 0.94% | — | +1.01% | |
| 30 | TNDM 1.5 03-15-29 2024債券 | Tandem Diabetes Care Inc | 債券 | 0.93% | +0.06% | — | |
| 31 | CNMD 2.25 06-15-27債券 | Conmed CORP | 債券 | 0.90% | -0.76% | EXIT | |
| 32 | HTHT 3 05-01-26債券 | H World Group LTD | 債券 | 0.87% | — | -2.99% | |
| 33 | PRGS 3.5 03-01-30債券 | Progress Software CORP | 債券 | 0.87% | -0.07% | — | |
| 34 | MSTR 0.875 03-15-31債券 | Strategy Inc | 債券 | 0.86% | -0.21% | — | |
| 35 | LYFT 0.625 03-01-29債券 | Lyft Inc | 債券 | 0.84% | -0.41% | — | |
| 36 | BE 3 06-01-28債券 | Bloom Energy CORP | 債券 | 0.84% | — | +43.41% | |
| 37 | BBIO 2.25 02-01-29債券 | Bridgebio Pharma Inc | 債券 | 0.84% | -0.12% | +33.81% | |
| 38 | ETSY 0.25 06-15-28債券 | Etsy Inc | 債券 | 0.83% | — | +2.12% | |
| 39 | VAC 0 01-15-26債券 | Marriott Vacation Worldw | 債券 | 0.83% | — | -1.17% | |
| 40 | COLL 2.875 02-15-29債券 | Collegium Pharma Inc | 債券 | 0.82% | +0.01% | -1.14% | |
| 41 | CNP 4.25 08-15-26債券 | Centerpoint Energy Inc | 債券 | 0.82% | — | +354.82% | |
| 42 | EXAS 0.375 03-01-28債券 | Exact Sciences CORP | 債券 | 0.81% | — | +10.62% | |
| 43 | LRN 1.125 09-01-27債券 | Stride Inc | 債券 | 0.80% | -0.07% | -15.31% | |
| 44 | IDCC 3.5 06-01-27債券 | Interdigital Inc | 債券 | 0.79% | — | +55.44% | |
| 45 | LITE 1.5 12-15-29債券 | Lumentum Holdings Inc | 債券 | 0.77% | -5.23% | -0.59% | |
| 46 | CSGS 3.875 09-15-28債券 | Csg Systems Internationa | 債券 | 0.77% | — | +57.26% | |
| 47 | PSN 2.625 03-01-29債券 | Parsons CORP | 債券 | 0.75% | — | — | |
| 48 | PI 1.125 05-15-27債券 | Impinj Inc | 債券 | 0.74% | +0.03% | +13.15% | |
| 49 | PD 1.5 10-15-28 *債券 | Pagerduty Inc. | 債券 | 0.72% | — | — | |
| 50 | EVRG 4.5 12-15-27債券 | Evergy Inc | 債券 | 0.72% | — | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | MSTR 0.625 03-15-30債券 | Strategy Inc | — | NEW | 新建倉 |
| 2 | WDC 3 11-15-28債券 | Western Digital CORP | — | NEW | 新建倉 |
| 3 | SMCI 3.5 03-01-29債券 | Super Micro Computer Inc | — | NEW | 新建倉 |
| 4 | COIN 0.25 04-01-30債券 | Coinbase Global Inc | — | NEW | 新建倉 |
| 5 | PCG 4.25 12-01-27債券 | Pg&e CORP | — | NEW | 新建倉 |
| 6 | LI 0.25 05-01-28債券 | Li Auto Inc | — | NEW | 新建倉 |
| 7 | CFLT 0 01-15-27債券 | Confluent Inc | — | NEW | 新建倉 |
| 8 | INSM 0.75 06-01-28債券 | Insmed Inc | — | NEW | 新建倉 |
| 9 | SIRI 3.75 03-15-28債券 | Sirius Xm Holdings | — | NEW | 新建倉 |
| 10 | X 5 11-01-26債券 | United States Steel CORP | — | NEW | 新建倉 |
| 11 | MMYT 0 02-15-28債券 | Makemytrip Limited | — | NEW | 新建倉 |
| 12 | DKNG 0 03-15-28債券 | Draftkings Holdings Inc | — | NEW | 新建倉 |
| 13 | LITE 0.5 06-15-28債券 | Lumentum Holdings Inc | — | NEW | 新建倉 |
| 14 | ZTO 1.5 09-01-27債券 | Zto Express Ky Inc | — | NEW | 新建倉 |
| 15 | ASND 2.25 04-01-28債券 | Ascendis Pharma A/s | — | NEW | 新建倉 |
| 16 | CYTK 3.5 07-01-27債券 | Cytokinetics Inc | — | NEW | 新建倉 |
| 17 | FIVN 1 03-15-29債券 | Five9 Inc | — | NEW | 新建倉 |
| 18 | TMDX 1.5 06-01-28債券 | Transmedics Group Inc | — | NEW | 新建倉 |
| 19 | IRTC 1.5 09-01-29債券 | Irhythm Holdings Inc | — | NEW | 新建倉 |
| 20 | LYV 3.125 01-15-29債券 | Live Nation Entertainmen | — | NEW | 新建倉 |
| 21 | SMTC 1.625 11-01-27債券 | Semtech CORP | — | NEW | 新建倉 |
| 22 | LITE 0.5 12-15-26債券 | Lumentum Holdings Inc | — | NEW | 新建倉 |
| 23 | VAC 3.25 12-15-27債券 | Marriott Vacation Worldw | — | NEW | 新建倉 |
| 24 | RPD 0.25 03-15-27債券 | Rapid7 Inc | — | NEW | 新建倉 |
| 25 | ETSY 0.125 09-01-27債券 | Etsy Inc | — | NEW | 新建倉 |
| 26 | SRPT 1.25 09-15-27債券 | Sarepta Therapeutics Inc | — | NEW | 新建倉 |
| 27 | DOCN 0 12-01-26債券 | Digitalocean Holdings | — | NEW | 新建倉 |
| 28 | VSH 2.25 09-15-30債券 | Vishay Intertechnology | — | NEW | 新建倉 |
| 29 | EXAS 0.375 03-15-27債券 | Exact Sciences CORP | — | NEW | 新建倉 |
| 30 | TNDM 1.5 03-15-29 2024債券 | Tandem Diabetes Care Inc | — | NEW | 新建倉 |
| 31 | CNMD 2.25 06-15-27債券 | Conmed CORP | — | NEW | 新建倉 |
| 32 | HTHT 3 05-01-26債券 | H World Group LTD | — | NEW | 新建倉 |
| 33 | PRGS 3.5 03-01-30債券 | Progress Software CORP | — | NEW | 新建倉 |
| 34 | MSTR 0.875 03-15-31債券 | Strategy Inc | — | NEW | 新建倉 |
| 35 | LYFT 0.625 03-01-29債券 | Lyft Inc | — | NEW | 新建倉 |
| 36 | BE 3 06-01-28債券 | Bloom Energy CORP | — | NEW | 新建倉 |
| 37 | BBIO 2.25 02-01-29債券 | Bridgebio Pharma Inc | — | NEW | 新建倉 |
| 38 | ETSY 0.25 06-15-28債券 | Etsy Inc | — | NEW | 新建倉 |
| 39 | VAC 0 01-15-26債券 | Marriott Vacation Worldw | — | NEW | 新建倉 |
| 40 | COLL 2.875 02-15-29債券 | Collegium Pharma Inc | — | NEW | 新建倉 |
| 41 | CNP 4.25 08-15-26債券 | Centerpoint Energy Inc | — | NEW | 新建倉 |
| 42 | EXAS 0.375 03-01-28債券 | Exact Sciences CORP | — | NEW | 新建倉 |
| 43 | LRN 1.125 09-01-27債券 | Stride Inc | — | NEW | 新建倉 |
| 44 | IDCC 3.5 06-01-27債券 | Interdigital Inc | — | NEW | 新建倉 |
| 45 | LITE 1.5 12-15-29債券 | Lumentum Holdings Inc | — | NEW | 新建倉 |
| 46 | CSGS 3.875 09-15-28債券 | Csg Systems Internationa | — | NEW | 新建倉 |
| 47 | PSN 2.625 03-01-29債券 | Parsons CORP | — | NEW | 新建倉 |
| 48 | PI 1.125 05-15-27債券 | Impinj Inc | — | NEW | 新建倉 |
| 49 | PD 1.5 10-15-28 *債券 | Pagerduty Inc. | — | NEW | 新建倉 |
| 50 | EVRG 4.5 12-15-27債券 | Evergy Inc | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Linden Advisors LP 在 Q1 2025 季度的美股持倉總市值約為 US$193.0億，共申報了 307 個公開持股部位。
在 Q1 2025 季度，Linden Advisors LP 按市值排列的前三大核心持股分別為：MSTR 0.625 03-15-30 (3.7%)、WDC 3 11-15-28 (3.3%)、SMCI 3.5 03-01-29 (2.6%)。其中最大持股部位 MSTR 0.625 03-15-30 佔據整體投資組合約 3.7% 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
MSTR 0.625 03-15-30
市值: US$5453.6億
在 Q1 2025 季度中，Linden Advisors LP 共進行了 200 項持倉異動，包含新建倉 200 個部位、加碼 0 個部位、減碼 0 個部位以及清倉 0 個部位。 其中最大新建倉標的為 MSTR 0.625 03-15-30。
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。