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: 0001544204
申報總市值
US$68.0億
US$68.0億
198 檔
17.9%
Q2 2025 季度申報顯示，Liontrust Investment Partners LLP 揭露的美股組合總市值為 US$68.0億，涵蓋 198 個不同之權益投資部位。
在 Q2 2025，Liontrust Investment Partners LLP 展現出較為審慎的避險與獲利了結姿態。本季共減碼 71 個部位並完全清倉 45 檔持股，調降曝險的部位數量高於加碼動作。
整體而言，Liontrust Investment Partners LLP 的前 5 大持股（包含 SPOT, MSFT, V）貢獻了組合市值的 17.9%，形成該機構在 Q2 2025 季度的基本面基石。
| # | 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 | SPOT | Spotify Technology S.A. | 股票-通訊服務 | 4.34% | +1.75% | NEW | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 3.67% | -0.21% | -3.78% | |
| 3 | V | Visa Inc-class A Shares | 股票-金融 | 3.38% | -0.03% | -9.28% | |
| 4 | CDNS | Cadence Design Sys Inc | 股票-科技 | 3.10% | +0.45% | -13.73% | |
| 5 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 2.96% | +0.65% | -4.26% | |
| 6 | TMO | Thermo Fisher Scientific Inc | 股票-醫療保健 | 2.71% | +0.48% | -4.88% | |
| 7 | INTU | Intuit Inc | 股票-科技 | 2.45% | -1.10% | +8.30% | |
| 8 | DB | Deutsche Bank Aktiengesellschaft | 股票-金融 | 2.11% | +3.02% | NEW | |
| 9 | NDAQ | Nasdaq Inc | 股票-金融 | 2.08% | -0.51% | -21.13% | |
| 10 | SCHW | Schwab (charles) CORP | 股票-金融 | 1.97% | -0.16% | -5.96% | |
| 11 | AMT | American Tower CORP | 股票-房地產 | 1.95% | -0.31% | -5.54% | |
| 12 | NVR | Nvr Inc | 股票-循環性消費 | 1.86% | -0.06% | +11.01% | |
| 13 | ECL | Ecolab Inc | 股票-原物料 | 1.83% | -0.30% | -5.85% | |
| 14 | ISRG | Intuitive Surgical Inc | 股票-醫療保健 | 1.82% | -0.42% | -13.49% | |
| 15 | ADSK | Autodesk Inc | 股票-科技 | 1.82% | -0.32% | -5.51% | |
| 16 | PCTY | Paylocity Holding CORP | 股票-科技 | 1.82% | -0.01% | EXIT | |
| 17 | VLTO | Veralto CORP | 股票-工業 | 1.79% | -0.14% | -5.70% | |
| 18 | MORN | Morningstar Inc | 股票-金融 | 1.76% | — | +21.34% | |
| 19 | BLD | Topbuild CORP | 股票-工業 | 1.74% | -0.07% | +24.76% | |
| 20 | FERG | Ferguson Enterprises Inc | 股票-工業 | 1.73% | +1.15% | +4999.44% | |
| 21 | CNM | Core & Main Inc-class A | 股票-工業 | 1.72% | -0.13% | -5.59% | |
| 22 | MASI* | Masimo CORP | 股票-其他 | 1.71% | -0.06% | EXIT | |
| 23 | VRSN | Verisign Inc | 股票-科技 | 1.70% | -0.09% | -5.62% | |
| 24 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 1.70% | — | +368.31% | |
| 25 | NVDA | Nvidia CORP | 股票-科技 | 1.69% | +0.11% | -4.58% | |
| 26 | PTC | Ptc Inc | 股票-科技 | 1.66% | -0.76% | -27.36% | |
| 27 | NOW | Servicenow Inc | 股票-科技 | 1.61% | -0.12% | +11.39% | |
| 28 | EW | Edwards Lifesciences CORP | 股票-醫療保健 | 1.60% | +0.06% | -5.64% | |
| 29 | PYPL | Paypal Holdings Inc | 股票-金融 | 1.57% | — | -8.97% | |
| 30 | BDX | Becton Dickinson And Co | 股票-醫療保健 | 1.54% | -0.23% | +25.91% | |
| 31 | ALC | Alcon Inc. | 股票-醫療保健 | 1.53% | +1.36% | NEW | |
| 32 | A | Agilent Technologies Inc | 股票-醫療保健 | 1.37% | — | -5.43% | |
| 33 | IDXX | Idexx Laboratories Inc | 股票-醫療保健 | 1.35% | -0.04% | -6.42% | |
| 34 | WST | West Pharmaceutical Services | 股票-醫療保健 | 1.32% | +0.68% | -5.63% | |
| 35 | PANW | Palo Alto Networks Inc | 股票-科技 | 1.17% | +0.40% | -5.64% | |
| 36 | IR | Ingersoll-rand Inc | 股票-工業 | 1.17% | -0.28% | — | |
| 37 | TREX | Trex Company Inc | 股票-工業 | 1.09% | — | -5.46% | |
| 38 | AVGO | Broadcom Inc | 股票-科技 | 1.09% | +0.30% | +4.12% | |
| 39 | WMS | Advanced Drainage Systems In | 股票-工業 | 1.09% | +0.06% | -5.46% | |
| 40 | BFAM | Bright Horizons Family Solut | 股票-循環性消費 | 1.03% | — | -5.52% | |
| 41 | UBS | UBS Group AG | 股票-金融 | 1.03% | +1.79% | NEW | |
| 42 | TMDX | Transmedics Group Inc | 股票-醫療保健 | 1.00% | — | -5.52% | |
| 43 | STX | Seagate Technology Holdings plc | 股票-科技 | 0.74% | +0.41% | NEW | |
| 44 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.71% | +0.18% | -6.92% | |
| 45 | ORCL | Oracle CORP | 股票-科技 | 0.67% | -0.20% | +11.60% | |
| 46 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.61% | +0.20% | +74.47% | |
| 47 | NFLX | Netflix Inc | 股票-通訊服務 | 0.52% | -0.21% | +18.30% | |
| 48 | MELI | Mercadolibre Inc | 股票-循環性消費 | 0.51% | -0.19% | -12.22% | |
| 49 | CHKP | Check Point Software Technologies Ltd. | 股票-科技 | 0.48% | — | — | |
| 50 | EBAY | Ebay Inc | 股票-循環性消費 | 0.48% | +0.04% | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | SPOT | Spotify Technology S.A. | +4.3% | NEW | 新建倉 |
| 2 | DB | Deutsche Bank Aktiengesellschaft | +2.1% | NEW | 新建倉 |
| 3 | FERG | Ferguson Enterprises Inc | +1.7% | +4999.44% | 加碼 |
| 4 | ALC | Alcon Inc. | +1.5% | NEW | 新建倉 |
| 5 | BKNG | Booking Holdings Inc | +1.4% | +368.31% | 加碼 |
| 6 | IR | Ingersoll-rand Inc | +1.2% | NEW | 新建倉 |
| 7 | UBS | UBS Group AG | +1% | NEW | 新建倉 |
| 8 | STX | Seagate Technology Holdings plc | +0.7% | NEW | 新建倉 |
| 9 | MSFT | Microsoft CORP | +0.5% | -3.78% | 減碼 |
| 10 | INTU | Intuit Inc | +0.5% | +8.30% | 加碼 |
| 11 | CHKP | Check Point Software Technologies Ltd. | +0.5% | NEW | 新建倉 |
| 12 | EBAY | Ebay Inc | +0.5% | NEW | 新建倉 |
| 13 | SW | Smurfit Westrock Plc | +0.5% | NEW | 新建倉 |
| 14 | TMDX | Transmedics Group Inc | +0.4% | -5.52% | 減碼 |
| 15 | NOW | Servicenow Inc | +0.4% | +11.39% | 加碼 |
| 16 | AVGO | Broadcom Inc | +0.4% | +4.12% | 加碼 |
| 17 | NVDA | Nvidia CORP | +0.4% | -4.58% | 減碼 |
| 18 | NBIS | Nebius Group N.V. | +0.4% | NEW | 新建倉 |
| 19 | BEP | Brookfield Renewable Partners L.P. | +0.4% | NEW | 新建倉 |
| 20 | SHOP | Shopify Inc - Class A | +0.3% | +227.69% | 加碼 |
| 21 | BLD | Topbuild CORP | +0.3% | +24.76% | 加碼 |
| 22 | COIN | Coinbase Global Inc -class A | +0.3% | +73.07% | 加碼 |
| 23 | SNOW | Snowflake Inc | +0.3% | +82.74% | 加碼 |
| 24 | MORN | Morningstar Inc | +0.3% | +21.34% | 加碼 |
| 25 | ORCL | Oracle CORP | +0.3% | +11.60% | 加碼 |
| 26 | ETN | Eaton Corporation plc | +0.3% | NEW | 新建倉 |
| 27 | DELL | Dell Technologies -c | +0.2% | NEW | 新建倉 |
| 28 | DOCS | Doximity Inc-class A | +0.2% | +1189.90% | 加碼 |
| 29 | NET | Cloudflare Inc - Class A | +0.2% | +76.09% | 加碼 |
| 30 | TMUS | T-mobile US Inc | +0.2% | +1727.70% | 加碼 |
| 31 | LLY | Eli Lilly & Co | +0.2% | +74.47% | 加碼 |
| 32 | AESI | Atlas Energy Solutions Inc | +0.2% | +5408.09% | 加碼 |
| 33 | NFLX | Netflix Inc | +0.2% | +18.30% | 加碼 |
| 34 | B | Barrick Mining CORP | +0.2% | NEW | 新建倉 |
| 35 | AEM | Agnico Eagle Mines LTD | +0.2% | +146.76% | 加碼 |
| 36 | BAP | Credicorp Ltd. | +0.2% | NEW | 新建倉 |
| 37 | QGEN | Qiagen N.V. | +0.2% | NEW | 新建倉 |
| 38 | FICO | Fair Isaac CORP | +0.1% | NEW | 新建倉 |
| 39 | TEAM | Atlassian Corp-cl A | +0.1% | NEW | 新建倉 |
| 40 | CNM | Core & Main Inc-class A | +0.1% | -5.59% | 減碼 |
| 41 | IBN | Icici Bank Ltd-spon Adr | +0.1% | NEW | 新建倉 |
| 42 | IDXX | Idexx Laboratories Inc | +0.1% | -6.42% | 減碼 |
| 43 | ICLR | ICON Public Limited Company | +0.1% | NEW | 新建倉 |
| 44 | ARM | Arm Holdings Plc-adr | +0.1% | -6.94% | 減碼 |
| 45 | UBER | Uber Technologies Inc | +0.1% | +7.14% | 加碼 |
| 46 | AMD | Advanced Micro Devices | +0.1% | NEW | 新建倉 |
| 47 | CRWV | Coreweave Inc-cl A | +0.1% | NEW | 新建倉 |
| 48 | CRDO | Credo Technology Group Holding Ltd | +0.1% | NEW | 新建倉 |
| 49 | ZS | Zscaler Inc | +0.1% | +6.74% | 加碼 |
| 50 | SAIL | Sailpoint Inc | +0.1% | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Liontrust Investment Partners LLP 在 Q2 2025 季度的美股持倉總市值約為 US$68.0億，共申報了 198 個公開持股部位。
在 Q2 2025 季度，Liontrust Investment Partners LLP 按市值排列的前三大核心持股分別為：SPOT (4.3%)、MSFT (3.7%)、V (3.4%)。其中最大持股部位 SPOT 佔據整體投資組合約 4.3% 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
SPOT
市值: US$3.0億
本季最大獲利了結 / 清倉標的
SPOTIFY TECHNOLOGY SA
前期市值: US$2.3億
在 Q2 2025 季度中，Liontrust Investment Partners LLP 共進行了 197 項持倉異動，包含新建倉 39 個部位、加碼 42 個部位、減碼 71 個部位以及清倉 45 個部位。 其中最大新建倉標的為 SPOT。 本季清倉部位包含 SPOTIFY TECHNOLOGY SA。
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。