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。
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CIK: 0001542302
申報總市值
US$78.8億
US$78.8億
37 檔
29.8%
Lyrical Asset Management LP 在 Q4 2025 季度的美股部位總計估值為 US$78.8億，分散於 37 個持倉標的之中，反映其市場參與廣度與投資規模。
從 Q4 2025 申報觀察，Lyrical Asset Management LP 採取防禦導向的調倉策略，本季減碼 29 檔個股並出清 4 檔部位，顯示機構在該時期進行風險控制與流動性回收。
在資產配置集中度方面，Lyrical Asset Management LP 的前 5 大核心持股（包含 AMCR, NRG, FLEX 等）合計佔整體申報市值的 29.8%，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
SSNC
市值: US$2.2億
本季最大獲利了結 / 清倉標的
LEA
前期市值: US$1.1億
| # | 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 | AMCR | Amcor plc | 股票-循環性消費 | 7.36% | — | -3.48% | |
| 2 | NRG | Nrg Energy Inc | 股票-公用事業 | 6.26% | -1.23% | -5.72% | |
| 3 | FLEX | Flex Ltd. | 股票-科技 | 5.96% | +2.58% | -7.52% | |
| 4 | EXPE | Expedia Group Inc | 股票-循環性消費 | 5.92% | -0.59% | -5.39% | |
| 5 | JNJ | Johnson & Johnson | 股票-醫療保健 | 5.26% | -0.73% | -4.98% | |
| 6 | AER | AerCap Holdings N.V. | 股票-工業 | 5.23% | -0.85% | -6.49% | |
| 7 | AMP | Ameriprise Financial Inc | 股票-金融 | 4.62% | -0.74% | -5.14% | |
| 8 | HCA | Hca Healthcare Inc | 股票-醫療保健 | 4.37% | -1.60% | -4.96% | |
| 9 | EBAY | Ebay Inc | 股票-循環性消費 | 4.19% | -0.03% | -4.75% | |
| 10 | UBER | Uber Technologies Inc | 股票-工業 | 3.76% | -0.66% | +24.96% | |
| 11 | NTAP | Netapp Inc | 股票-科技 | 3.65% | +0.89% | -5.87% | |
| 12 | FIS | Fidelity National Info Serv | 股票-科技 | 3.32% | -0.81% | -4.95% | |
| 13 | FFIV | F5 Inc | 股票-科技 | 3.29% | +0.68% | -5.13% | |
| 14 | GEN | Gen Digital Inc | 股票-科技 | 2.90% | +0.23% | -4.64% | |
| 15 | SSNC | Ss&c Technologies Holdings | 股票-科技 | 2.88% | -0.64% | — | |
| 16 | CI | THE Cigna Group | 股票-醫療保健 | 2.76% | -0.45% | -4.41% | |
| 17 | CPAY | Corpay Inc | 股票-科技 | 2.66% | -0.25% | -4.28% | |
| 18 | SNX | TD Synnex CORP | 股票-科技 | 2.40% | +0.89% | -5.42% | |
| 19 | ICLR | ICON Public Limited Company | 股票-醫療保健 | 2.31% | +0.36% | — | |
| 20 | AIZ | Assurant Inc | 股票-金融 | 2.10% | -0.05% | -4.54% | |
| 21 | WCC | Wesco International Inc | 股票-工業 | 2.08% | -0.02% | -3.98% | |
| 22 | AMG | Affiliated Managers Group | 股票-金融 | 2.08% | -0.09% | -4.87% | |
| 23 | LAD | Lithia Motors Inc | 股票-循環性消費 | 2.07% | +0.09% | -5.68% | |
| 24 | ARW | Arrow Electronics Inc | 股票-科技 | 1.91% | +0.57% | -5.88% | |
| 25 | GPN | Global Payments Inc | 股票-工業 | 1.84% | -0.18% | -6.10% | |
| 26 | PRI | Primerica Inc | 股票-金融 | 1.83% | -0.18% | -4.22% | |
| 27 | HSIC | Henry Schein Inc | 股票-醫療保健 | 1.66% | -0.19% | -4.78% | |
| 28 | WEX | Wex Inc | 股票-科技 | 1.51% | -0.40% | -6.80% | |
| 29 | CNC | Centene CORP | 股票-醫療保健 | 1.32% | +0.73% | -3.93% | |
| 30 | LKQ | Lkq CORP | 股票-循環性消費 | 1.27% | -0.40% | -6.90% | |
| 31 | CNXC | Concentrix CORP | 股票-科技 | 0.65% | -0.11% | -6.76% | |
| 32 | IWD | Ishares Russell 1000 Value E | ETF-其他 | 0.21% | — | +6082.59% | |
| 33 | CCK | Crown Holdings Inc | 股票-循環性消費 | 0.10% | +0.02% | +9.52% | |
| 34 | APTV | Aptiv PLC | 股票-循環性消費 | 0.10% | — | +9.45% | |
| 35 | NXPI | NXP Semiconductors N.V. | 股票-科技 | 0.08% | +0.35% | +5.80% | |
| 36 | GRAB | Grab Holdings Limited | 股票-科技 | 0.05% | -0.04% | — | |
| 37 | NTDOY | Nintendo Co Ltd-unspons Adr | 股票-其他 | 0.05% | -0.03% | -4.16% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | AMCR | Amcor plc | +5.8% | -3.48% | 減碼 |
| 2 | EXPE | Expedia Group Inc | +0.8% | -5.39% | 減碼 |
| 3 | IWD | Ishares Russell 1000 Value E | +0.2% | +6082.59% | 加碼 |
| 4 | AER | AerCap Holdings N.V. | +0.2% | -6.49% | 減碼 |
| 5 | AMG | Affiliated Managers Group | +0.1% | -4.87% | 減碼 |
| 6 | WCC | Wesco International Inc | +0.1% | -3.98% | 減碼 |
| 7 | CNC | Centene CORP | 0% | -3.93% | 減碼 |
| 8 | HSIC | Henry Schein Inc | 0% | -4.78% | 減碼 |
| 9 | CCK | Crown Holdings Inc | 0% | +9.52% | 加碼 |
| 10 | APTV | Aptiv PLC | 0% | +9.45% | 加碼 |
| 11 | NXPI | NXP Semiconductors N.V. | 0% | +5.80% | 加碼 |
| 12 | NTDOY | Nintendo Co Ltd-unspons Adr | 0% | -4.16% | 減碼 |
| 13 | AIZ | Assurant Inc | 0% | -4.54% | 減碼 |
| 14 | UBER | Uber Technologies Inc | -0.1% | +24.96% | 加碼 |
| 15 | HCA | Hca Healthcare Inc | -0.2% | -4.96% | 減碼 |
| 16 | CNXC | Concentrix CORP | -0.2% | -6.76% | 減碼 |
| 17 | LAD | Lithia Motors Inc | -0.2% | -5.68% | 減碼 |
| 18 | LKQ | Lkq CORP | -0.2% | -6.90% | 減碼 |
| 19 | CPAY | Corpay Inc | -0.2% | -4.28% | 減碼 |
| 20 | JNJ | Johnson & Johnson | -0.2% | -4.98% | 減碼 |
| 21 | WEX | Wex Inc | -0.3% | -6.80% | 減碼 |
| 22 | PRI | Primerica Inc | -0.4% | -4.22% | 減碼 |
| 23 | FIS | Fidelity National Info Serv | -0.4% | -4.95% | 減碼 |
| 24 | GPN | Global Payments Inc | -0.4% | -6.10% | 減碼 |
| 25 | ARW | Arrow Electronics Inc | -0.5% | -5.88% | 減碼 |
| 26 | CI | THE Cigna Group | -0.5% | -4.41% | 減碼 |
| 27 | GEN | Gen Digital Inc | -0.5% | -4.64% | 減碼 |
| 28 | SNX | TD Synnex CORP | -0.6% | -5.42% | 減碼 |
| 29 | AMP | Ameriprise Financial Inc | -0.6% | -5.14% | 減碼 |
| 30 | FLEX | Flex Ltd. | -0.7% | -7.52% | 減碼 |
| 31 | EBAY | Ebay Inc | -0.8% | -4.75% | 減碼 |
| 32 | NTAP | Netapp Inc | -1% | -5.87% | 減碼 |
| 33 | NRG | Nrg Energy Inc | -1% | -5.72% | 減碼 |
| 34 | FFIV | F5 Inc | -1.5% | -5.13% | 減碼 |
| 35 | SSNC | Ss&c Technologies Holdings | — | NEW | 新建倉 |
| 36 | ICLR | ICON Public Limited Company | — | NEW | 新建倉 |
| 37 | LEA | Lear CORP | — | EXIT | 清倉 |
| 38 | ADNT | Adient plc | — | EXIT | 清倉 |
| 39 | GRAB | Grab Holdings Limited | — | NEW | 新建倉 |
| 40 | URI | United Rentals Inc | — | EXIT | 清倉 |
| 41 | AL | Air Lease CORP | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Lyrical Asset Management LP 在 Q4 2025 季度的美股持倉總市值約為 US$78.8億，共申報了 37 個公開持股部位。
在 Q4 2025 季度，Lyrical Asset Management LP 按市值排列的前三大核心持股分別為：AMCR (7.4%)、NRG (6.3%)、FLEX (6.0%)。其中最大持股部位 AMCR 佔據整體投資組合約 7.4% 的權重。
在 Q4 2025 季度中，Lyrical Asset Management LP 共進行了 41 項持倉異動，包含新建倉 3 個部位、加碼 5 個部位、減碼 29 個部位以及清倉 4 個部位。 其中最大新建倉標的為 SSNC。 本季清倉部位包含 LEA。
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。