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: 0001997464
申報總市值
US$235.7億
US$235.7億
683 檔
5.9%
截至 Q1 2025 季度末，Marex Group Ltd 的美股持倉估值約為 US$235.7億，全數申報部位共有 683 檔。
Q1 2025 的申報記錄反映 Marex Group Ltd 的板塊替換策略：機構本季推動了 106 筆增持與 91 筆減持，籌碼呈現明顯的結構重組。
整體而言，Marex Group Ltd 的前 5 大持股（包含 MSTR, IBIT, NVDA）貢獻了組合市值的 5.9%，形成該機構在 Q1 2025 季度的基本面基石。
僅顯示前 200 大持股（共 683 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 | Strategy Inc | 股票-科技 | 9.26% | -1.39% | +74.56% | |
| 2 | IBIT | Ishares Bitcoin Trust ETF | ETF-加密貨幣 | 5.86% | -1.15% | -2.91% | |
| 3 | NVDA | Nvidia CORP | 股票-科技 | 4.30% | +0.11% | -28.24% | |
| 4 | BRRR | Coinshares Bitcoin ETF | ETF-加密貨幣 | 4.02% | -0.78% | — | |
| 5 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 3.33% | -1.35% | +103.10% | |
| 6 | TSLA | Tesla Inc | 股票-循環性消費 | 3.22% | -0.97% | -28.13% | |
| 7 | LLY | Eli Lilly & Co | 股票-醫療保健 | 3.18% | -0.04% | -10.12% | |
| 8 | MA | Mastercard Inc - A | 股票-金融 | 2.84% | -2.93% | +66102.45% | |
| 9 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 2.81% | -2.31% | -18.79% | |
| 10 | SYK | Stryker CORP | 股票-醫療保健 | 2.32% | — | -38.91% | |
| 11 | CRWD | Crowdstrike Holdings Inc - A | 股票-科技 | 2.18% | +0.01% | +17.36% | |
| 12 | NFLX | Netflix Inc | 股票-通訊服務 | 2.06% | -0.35% | +5.38% | |
| 13 | INTU | Intuit Inc | 股票-科技 | 2.06% | -0.65% | -28.71% | |
| 14 | AVGO | Broadcom Inc | 股票-科技 | 1.95% | -2.81% | -46.37% | |
| 15 | MCD | Mcdonald's CORP | 股票-循環性消費 | 1.79% | — | +303.47% | |
| 16 | TRV | Travelers Cos Inc/the | 股票-金融 | 1.77% | +0.70% | NEW | |
| 17 | MSFT | Microsoft CORP | 股票-科技 | 1.77% | -0.53% | +66.43% | |
| 18 | BA | Boeing Co/the | 股票-工業 | 1.72% | +0.01% | +0.17% | |
| 19 | KLAC | Kla CORP | 股票-科技 | 1.55% | -0.92% | +10604.42% | |
| 20 | LOW | Lowe's Cos Inc | 股票-循環性消費 | 1.44% | — | +1186.34% | |
| 21 | LRCX | Lam Research CORP | 股票-科技 | 1.33% | +0.01% | +33.39% | |
| 22 | NOC | Northrop Grumman CORP | 股票-工業 | 1.19% | — | NEW | |
| 23 | TMO | Thermo Fisher Scientific Inc | 股票-醫療保健 | 1.16% | -0.01% | +0.76% | |
| 24 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 1.16% | +0.62% | -45.44% | |
| 25 | AMGN | Amgen Inc | 股票-醫療保健 | 1.08% | +0.59% | +5694.33% | |
| 26 | BLK | Blackrock Inc | 股票-金融 | 1.03% | -0.98% | EXIT | |
| 27 | REGN | Regeneron Pharmaceuticals | 股票-醫療保健 | 0.86% | -0.01% | +0.86% | |
| 28 | FLUT | Flutter Entertainment plc | 股票-循環性消費 | 0.85% | — | +100.05% | |
| 29 | HD | Home Depot Inc | 股票-循環性消費 | 0.84% | -0.52% | -67.53% | |
| 30 | NOW | Servicenow Inc | 股票-科技 | 0.82% | +1.61% | +40.55% | |
| 31 | EQIX | Equinix Inc | 股票-房地產 | 0.78% | +0.01% | +25.00% | |
| 32 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.76% | +1.81% | +27.24% | |
| 33 | HOOD | Robinhood Markets Inc - A | 股票-金融 | 0.69% | +0.10% | +1070.19% | |
| 34 | SMCI | Super Micro Computer Inc | 股票-科技 | 0.67% | +0.15% | -87.22% | |
| 35 | DELL | Dell Technologies -c | 股票-科技 | 0.62% | -0.41% | +39.42% | |
| 36 | ELV | Elevance Health Inc | 股票-醫療保健 | 0.61% | — | +47.00% | |
| 37 | PH | Parker Hannifin CORP | 股票-工業 | 0.58% | — | NEW | |
| 38 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.58% | -0.77% | +6.89% | |
| 39 | TLT | Ishares 20+ Year Treasury Bd | ETF-政府公債 | 0.56% | -0.14% | +6.82% | |
| 40 | DB | Deutsche Bank Aktiengesellschaft | 股票-金融 | 0.55% | — | +3.22% | |
| 41 | SPGI | S&p Global Inc | 股票-金融 | 0.49% | -0.54% | EXIT | |
| 42 | FXI | Ishares China Large-cap ETF | ETF-新興市場 | 0.49% | +0.38% | +407.80% | |
| 43 | SBUX | Starbucks CORP | 股票-循環性消費 | 0.46% | +0.02% | +10369.08% | |
| 44 | IONQ | Ionq Inc | 股票-科技 | 0.45% | +0.29% | — | |
| 45 | BABA | Alibaba Group Holding-sp Adr | 股票-循環性消費 | 0.44% | +0.04% | +41.83% | |
| 46 | AMD | Advanced Micro Devices | 股票-科技 | 0.42% | +0.08% | -72.72% | |
| 47 | PM | Philip Morris International | 股票-非循環性消費 | 0.41% | — | +723.27% | |
| 48 | CTAS | Cintas CORP | 股票-工業 | 0.39% | — | — | |
| 49 | CEG | Constellation Energy | 股票-公用事業 | 0.39% | -0.01% | -33.61% | |
| 50 | TGT | Target CORP | 股票-循環性消費 | 0.38% | — | +10777.37% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | MSTR | Strategy Inc | +4.5% | +74.56% | 加碼 |
| 2 | MA | Mastercard Inc - A | +2.8% | +66102.45% | 加碼 |
| 3 | UNH | Unitedhealth Group Inc | +1.9% | +103.10% | 加碼 |
| 4 | KLAC | Kla CORP | +1.5% | +10604.42% | 加碼 |
| 5 | MCD | Mcdonald's CORP | +1.4% | +303.47% | 加碼 |
| 6 | LOW | Lowe's Cos Inc | +1.3% | +1186.34% | 加碼 |
| 7 | TRV | Travelers Cos Inc/the | +1.2% | +133.33% | 加碼 |
| 8 | AMGN | Amgen Inc | +1.1% | +5694.33% | 加碼 |
| 9 | NOC | Northrop Grumman CORP | +0.8% | +141.46% | 加碼 |
| 10 | MSFT | Microsoft CORP | +0.7% | +66.43% | 加碼 |
| 11 | HOOD | Robinhood Markets Inc - A | +0.6% | +1070.19% | 加碼 |
| 12 | CRWD | Crowdstrike Holdings Inc - A | +0.6% | +17.36% | 加碼 |
| 13 | BLK | Blackrock Inc | +0.6% | +114.51% | 加碼 |
| 14 | SBUX | Starbucks CORP | +0.5% | +10369.08% | 加碼 |
| 15 | LRCX | Lam Research CORP | +0.5% | +33.39% | 加碼 |
| 16 | FXI | Ishares China Large-cap ETF | +0.4% | +407.80% | 加碼 |
| 17 | FLUT | Flutter Entertainment plc | +0.4% | +100.05% | 加碼 |
| 18 | NFLX | Netflix Inc | +0.4% | +5.38% | 加碼 |
| 19 | TGT | Target CORP | +0.4% | +10777.37% | 加碼 |
| 20 | PM | Philip Morris International | +0.4% | +723.27% | 加碼 |
| 21 | RIOT | Riot Platforms Inc | +0.3% | +4403.93% | 加碼 |
| 22 | ELV | Elevance Health Inc | +0.3% | +47.00% | 加碼 |
| 23 | BABA | Alibaba Group Holding-sp Adr | +0.3% | +41.83% | 加碼 |
| 24 | LLY | Eli Lilly & Co | +0.2% | -10.12% | 減碼 |
| 25 | QQQ | Invesco Qqq Trust Series 1 | +0.2% | +382.70% | 加碼 |
| 26 | ORCL | Oracle CORP | +0.2% | +141.24% | 加碼 |
| 27 | META | Meta Platforms Inc-class A | +0.2% | +100.76% | 加碼 |
| 28 | DB | Deutsche Bank Aktiengesellschaft | +0.2% | +3.22% | 加碼 |
| 29 | HIMS | Hims & Hers Health Inc | +0.2% | +2542.85% | 加碼 |
| 30 | NKE | Nike Inc -cl B | +0.2% | +258.04% | 加碼 |
| 31 | INTC | Intel CORP | +0.1% | +176.71% | 加碼 |
| 32 | BA | Boeing Co/the | +0.1% | +0.17% | 加碼 |
| 33 | EQIX | Equinix Inc | +0.1% | +25.00% | 加碼 |
| 34 | NOW | Servicenow Inc | +0.1% | +40.55% | 加碼 |
| 35 | NEM | Newmont CORP | +0.1% | +775.96% | 加碼 |
| 36 | VAL | Valaris Limited | +0.1% | +179.65% | 加碼 |
| 37 | DELL | Dell Technologies -c | +0.1% | +39.42% | 加碼 |
| 38 | TLT | Ishares 20+ Year Treasury Bd | +0.1% | +6.82% | 加碼 |
| 39 | GOOG | Alphabet Inc-cl C | +0.1% | +27.24% | 加碼 |
| 40 | MARA | Mara Holdings Inc | +0.1% | +725.07% | 加碼 |
| 41 | INSW | International Seaways, Inc. | +0.1% | +170.18% | 加碼 |
| 42 | TMO | Thermo Fisher Scientific Inc | +0.1% | +0.76% | 加碼 |
| 43 | WOO | Foot Locker Inc | +0.1% | +2049.37% | 加碼 |
| 44 | INCY | Incyte CORP | +0.1% | +2017.34% | 加碼 |
| 45 | ARM | Arm Holdings Plc-adr | +0.1% | +223.99% | 加碼 |
| 46 | JD | Jd.com Inc-adr | +0.1% | +127.19% | 加碼 |
| 47 | SLV | Ishares Silver Trust | +0.1% | -2.05% | 減碼 |
| 48 | PDD | Pdd Holdings Inc | +0.1% | +163.78% | 加碼 |
| 49 | TSM | Taiwan Semiconductor-sp Adr | +0.1% | +141.59% | 加碼 |
| 50 | TME | Tencent Music Entertainm-adr | +0.1% | +4.69% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Marex Group Ltd 在 Q1 2025 季度的美股持倉總市值約為 US$235.7億，共申報了 683 個公開持股部位。
在 Q1 2025 季度，Marex Group Ltd 按市值排列的前三大核心持股分別為：MSTR (9.3%)、IBIT (5.9%)、NVDA (4.3%)。其中最大持股部位 MSTR 佔據整體投資組合約 9.3% 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
IONQ
市值: US$2326.6萬
本季最大獲利了結 / 清倉標的
HON
前期市值: US$5653.8萬
在 Q1 2025 季度中，Marex Group Ltd 共進行了 197 項持倉異動，包含新建倉 41 個部位、加碼 65 個部位、減碼 60 個部位以及清倉 31 個部位。 其中最大新建倉標的為 IONQ。 本季清倉部位包含 HON。
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。