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: 0001491719
申報總市值
US$7.3億
US$7.3億
323 檔
52.1%
根據最新整理的 13F 季度數據集，Lombard Odier Asset Management 於 Q2 2025 結束時的管理資產規模為 US$7.3億。該機構在本季度申報了 323 檔美股持倉，呈現出該時期的主要投資地圖。
在 Q2 2025，Lombard Odier Asset Management 操作展現出積極擴展與加碼意向。本季共新建倉 90 個新部位，並對 44 個既有持股進行加碼（合計增持 134 檔），相較減碼與清倉部位顯著佔優。
整體而言，Lombard Odier Asset Management 的前 5 大持股（包含 SPY, AAL, CAR）貢獻了組合市值的 52.1%，形成該機構在 Q2 2025 季度的基本面基石。
僅顯示前 200 大持股（共 323 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 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 8.95% | -16.99% | EXIT | |
| 2 | AAL | American Airlines Group Inc | 股票-工業 | 7.23% | +8.26% | -45.68% | |
| 3 | CAR | Avis Budget Group Inc | 股票-其他 | 4.71% | -3.42% | -12.02% | |
| 4 | XOP | Ss Spdr S&p Og Exp & Prod | ETF-其他 | 4.11% | — | -18.44% | |
| 5 | NCLH | Norwegian Cruise Line Holdings Ltd. | 股票-循環性消費 | 3.84% | +0.38% | -7.01% | |
| 6 | TLT | Ishares 20+ Year Treasury Bd | ETF-政府公債 | 3.39% | +0.46% | -16.53% | |
| 7 | MSTR 0.875 03-15-31債券 | Strategy Inc | 債券 | 2.89% | +0.15% | — | |
| 8 | RIVN | Rivian Automotive Inc-a | 股票-循環性消費 | 2.66% | +1.10% | +40.36% | |
| 9 | BHC | Bausch Health Cos Inc | 股票-醫療保健 | 2.56% | +2.33% | +3.59% | |
| 10 | GDX | Vaneck Gold Miners ETF | ETF-避險與商品 | 2.45% | — | -40.67% | |
| 11 | BMY | Bristol-myers Squibb Co | 股票-醫療保健 | 2.11% | +0.92% | — | |
| 12 | HLF | Herbalife Ltd. | 股票-其他 | 2.10% | +0.11% | — | |
| 13 | CMCSA | Comcast Corp-class A | 股票-通訊服務 | 2.06% | +0.37% | +16.68% | |
| 14 | GILD | Gilead Sciences Inc | 股票-醫療保健 | 1.98% | +0.62% | — | |
| 15 | UAL | United Airlines Holdings Inc | 股票-工業 | 1.66% | — | +2611.82% | |
| 16 | PFE | Pfizer Inc | 股票-醫療保健 | 1.66% | +0.25% | — | |
| 17 | PBF | Pbf Energy Inc-class A | 股票-能源 | 1.57% | — | +46.15% | |
| 18 | C | Citigroup Inc | 股票-金融 | 1.30% | -2.84% | EXIT | |
| 19 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 1.19% | -1.13% | EXIT | |
| 20 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 1.18% | +0.94% | — | |
| 21 | RIVN 4.625 03-15-29債券 | Rivian Auto Inc | 債券 | 1.16% | +0.77% | — | |
| 22 | NCLH 1.125 02-15-27債券 | Ncl Corporation LTD | 債券 | 1.09% | -1.49% | EXIT | |
| 23 | VZ | Verizon Communications Inc | 股票-通訊服務 | 0.89% | -0.18% | +4.29% | |
| 24 | KMI | Kinder Morgan, Inc. | 股票-能源 | 0.81% | +0.43% | — | |
| 25 | CSCO | Cisco Systems Inc | 股票-科技 | 0.79% | +0.97% | — | |
| 26 | CAG | Conagra Brands Inc | 股票-非循環性消費 | 0.78% | +0.07% | — | |
| 27 | FYBR | Frontier Communications Pare | 股票-其他 | 0.73% | — | — | |
| 28 | SPG | Simon Property Group Inc | 股票-房地產 | 0.73% | +0.65% | — | |
| 29 | KOS 3.125 03-15-30債券 | Kosmos Energy LTD | 債券 | 0.73% | +0.25% | — | |
| 30 | KSS | Kohls CORP | 股票-循環性消費 | 0.70% | +0.20% | +200.00% | |
| 31 | NEM | Newmont CORP | 股票-原物料 | 0.67% | -1.13% | EXIT | |
| 32 | F | Ford Motor Co | 股票-循環性消費 | 0.66% | +1.88% | +166.67% | |
| 33 | RSG | Republic Services Inc | 股票-工業 | 0.64% | — | +24.37% | |
| 34 | FCX | Freeport-mcmoran Inc | 股票-原物料 | 0.62% | +0.38% | +34.52% | |
| 35 | ✓ | 股票-其他 | 0.62% | +0.22% | -15.58% | ||
| 36 | HTZ | Hertz Global Hldgs Inc | 股票-其他 | 0.60% | -0.40% | -25.72% | |
| 37 | SLN | Silence Therapeutics Plc-adr | 股票-其他 | 0.59% | — | — | |
| 38 | XRX | Xerox Holdings CORP | 股票-工業 | 0.57% | +0.21% | — | |
| 39 | FSLR | First Solar Inc | 股票-科技 | 0.56% | — | — | |
| 40 | BMI | Badger Meter Inc | 股票-科技 | 0.52% | — | +19.75% | |
| 41 | TGT | Target CORP | 股票-循環性消費 | 0.48% | +0.48% | +5.45% | |
| 42 | CZR | Caesars Entertainment Inc | 股票-循環性消費 | 0.46% | +0.25% | +31.70% | |
| 43 | DAL | Delta Air Lines Inc | 股票-工業 | 0.41% | — | -4.79% | |
| 44 | ADM | Archer-daniels-midland Co | 股票-非循環性消費 | 0.40% | +0.09% | — | |
| 45 | IBM | Intl Business Machines CORP | 股票-科技 | 0.39% | -0.10% | -81.08% | |
| 46 | BRO | Brown & Brown Inc | 股票-金融 | 0.38% | — | +242.91% | |
| 47 | FDX | Fedex CORP | 股票-工業 | 0.36% | +0.12% | +8.71% | |
| 48 | TDG | Transdigm Group Inc | 股票-工業 | 0.35% | -0.14% | EXIT | |
| 49 | MEOH | Methanex CORP | 股票-其他 | 0.34% | — | — | |
| 50 | DUK | Duke Energy CORP | 股票-公用事業 | 0.33% | — | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | CAR | Avis Budget Group Inc | +2.2% | -12.02% | 減碼 |
| 2 | HLF | Herbalife Ltd. | +2.1% | NEW | 新建倉 |
| 3 | UAL | United Airlines Holdings Inc | +1.6% | +2611.82% | 加碼 |
| 4 | UNH | Unitedhealth Group Inc | +1.2% | NEW | 新建倉 |
| 5 | RIVN | Rivian Automotive Inc-a | +0.9% | +40.36% | 加碼 |
| 6 | KOS 3.125 03-15-30債券 | Kosmos Energy LTD | +0.7% | NEW | 新建倉 |
| 7 | MSTR 0.875 03-15-31債券 | Strategy Inc | +0.7% | — | 不變 |
| 8 | PBF | Pbf Energy Inc-class A | +0.6% | +46.15% | 加碼 |
| 9 | FSLR | First Solar Inc | +0.6% | NEW | 新建倉 |
| 10 | KSS | Kohls CORP | +0.5% | +200.00% | 加碼 |
| 11 | F | Ford Motor Co | +0.4% | +166.67% | 加碼 |
| 12 | MEOH | Methanex CORP | +0.3% | NEW | 新建倉 |
| 13 | DUK | Duke Energy CORP | +0.3% | NEW | 新建倉 |
| 14 | RBC | RBC Bearings Inc | +0.3% | NEW | 新建倉 |
| 15 | TDG | Transdigm Group Inc | +0.3% | +403.20% | 加碼 |
| 16 | MBLY | Mobileye Global Inc-a | +0.3% | NEW | 新建倉 |
| 17 | SLN | Silence Therapeutics Plc-adr | +0.3% | — | 不變 |
| 18 | KR | Kroger Co | +0.3% | NEW | 新建倉 |
| 19 | BRO | Brown & Brown Inc | +0.3% | +242.91% | 加碼 |
| 20 | RACE | Ferrari N.V. | +0.3% | NEW | 新建倉 |
| 21 | COR | Cencora Inc | +0.2% | NEW | 新建倉 |
| 22 | ITRI | Itron Inc | +0.2% | NEW | 新建倉 |
| 23 | PGR | Progressive CORP | +0.2% | NEW | 新建倉 |
| 24 | APG | Api Group CORP | +0.2% | NEW | 新建倉 |
| 25 | TSM | Taiwan Semiconductor-sp Adr | +0.2% | NEW | 新建倉 |
| 26 | QXO | Qxo Inc | +0.2% | +306.70% | 加碼 |
| 27 | NVDA | Nvidia CORP | +0.2% | +392.25% | 加碼 |
| 28 | FCX | Freeport-mcmoran Inc | +0.2% | +34.52% | 加碼 |
| 29 | C | Citigroup Inc | +0.2% | — | 不變 |
| 30 | IWM | Ishares Russell 2000 ETF | +0.2% | NEW | 新建倉 |
| 31 | PRMB | Primo Brands CORP | +0.2% | NEW | 新建倉 |
| 32 | RUN | Sunrun Inc | +0.2% | NEW | 新建倉 |
| 33 | CMCSA | Comcast Corp-class A | +0.2% | +16.68% | 加碼 |
| 34 | BMI | Badger Meter Inc | +0.2% | +19.75% | 加碼 |
| 35 | WSO | Watsco Inc | +0.2% | +181.50% | 加碼 |
| 36 | TLN | Talen Energy CORP | +0.2% | +189.80% | 加碼 |
| 37 | POWL | Powell Industries Inc | +0.2% | NEW | 新建倉 |
| 38 | WHR | Whirlpool CORP | +0.2% | NEW | 新建倉 |
| 39 | WFRD | Weatherford International plc | +0.2% | NEW | 新建倉 |
| 40 | GOOGL | Alphabet Inc-cl A | +0.2% | +203.77% | 加碼 |
| 41 | CZR | Caesars Entertainment Inc | +0.1% | +31.70% | 加碼 |
| 42 | COF | Capital One Financial CORP | +0.1% | NEW | 新建倉 |
| 43 | ✓ | Ferroglobe PLC | +0.1% | NEW | 新建倉 |
| 44 | HTZ | Hertz Global Hldgs Inc | +0.1% | -25.72% | 減碼 |
| 45 | RSG | Republic Services Inc | +0.1% | +24.37% | 加碼 |
| 46 | RKLB | Rocket Lab CORP | +0.1% | NEW | 新建倉 |
| 47 | MUR | Murphy Oil CORP | +0.1% | +200.00% | 加碼 |
| 48 | NXE | Nexgen Energy LTD | +0.1% | NEW | 新建倉 |
| 49 | MSFT | Microsoft CORP | +0.1% | +106.22% | 加碼 |
| 50 | HEI | Heico CORP | +0.1% | +54.77% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Lombard Odier Asset Management 在 Q2 2025 季度的美股持倉總市值約為 US$7.3億，共申報了 323 個公開持股部位。
在 Q2 2025 季度，Lombard Odier Asset Management 按市值排列的前三大核心持股分別為：SPY (8.9%)、AAL (7.2%)、CAR (4.7%)。其中最大持股部位 SPY 佔據整體投資組合約 8.9% 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
HLF
市值: US$2760.6萬
本季最大獲利了結 / 清倉標的
WM
前期市值: US$668.5萬
在 Q2 2025 季度中，Lombard Odier Asset Management 共進行了 188 項持倉異動，包含新建倉 90 個部位、加碼 44 個部位、減碼 25 個部位以及清倉 29 個部位。 其中最大新建倉標的為 HLF。 本季清倉部位包含 WM。
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。