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: 0000934639
申報總市值
US$113.2億
US$113.2億
178 檔
22.3%
在 Q4 2025 申報期間，Maverick Capital LTD（CIK: 0000934639）向美國 SEC 提交的 Form 13F 報告顯示，其追蹤之股票投資組合總市值達 US$113.2億，共持有 178 個公開申報部位。
觀察 Q4 2025 的資金脈絡，Maverick Capital LTD 在獲利結算 71 檔個股的同時，將資本重新部署至 52 檔新選標的，展現主動管理機構的輪動節奏。
從部位權重觀察，前 5 大標的（包含 NVDA, MSFT, AMZN）累計市值佔比達 22.3%，是驅動 Maverick Capital LTD 該季度整體投資組合績效表現的核心支柱。
| # | 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 | NVDA | Nvidia CORP | 股票-科技 | 5.98% | -0.99% | +39.33% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 5.97% | -0.36% | +23.46% | |
| 3 | AMZN | Amazon.com Inc | 股票-循環性消費 | 5.90% | -1.32% | +6.53% | |
| 4 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 5.41% | -1.82% | +62.70% | |
| 5 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 3.85% | +1.61% | — | |
| 6 | PM | Philip Morris International | 股票-非循環性消費 | 3.75% | +1.25% | +34.21% | |
| 7 | COF | Capital One Financial CORP | 股票-金融 | 3.37% | -0.18% | +19.60% | |
| 8 | UNP | Union Pacific CORP | 股票-工業 | 3.26% | — | +17.71% | |
| 9 | AMAT | Applied Materials Inc | 股票-科技 | 3.12% | -3.41% | — | |
| 10 | BSX | Boston Scientific CORP | 股票-醫療保健 | 3.01% | -1.52% | — | |
| 11 | ASML | ASML Holding N.V. | 股票-科技 | 3.00% | -3.92% | +37.09% | |
| 12 | V | Visa Inc-class A Shares | 股票-金融 | 2.92% | -0.53% | — | |
| 13 | RTX | Rtx CORP | 股票-工業 | 2.69% | -0.44% | +0.68% | |
| 14 | TECH | Bio-techne CORP | 股票-醫療保健 | 2.43% | -1.90% | +27.82% | |
| 15 | NTRA | Natera Inc | 股票-醫療保健 | 2.32% | +0.55% | -29.17% | |
| 16 | GFL | Gfl Environmental Inc-sub Vt | 股票-其他 | 2.32% | +1.46% | +216.54% | |
| 17 | MNST | Monster Beverage CORP | 股票-非循環性消費 | 2.22% | +0.17% | +100.70% | |
| 18 | CPT | Camden Property Trust | 股票-房地產 | 2.17% | -0.37% | — | |
| 19 | NU | Nu Holdings Ltd. | 股票-金融 | 2.10% | +2.13% | -44.19% | |
| 20 | CVNA | Carvana Co | 股票-循環性消費 | 2.09% | +0.01% | +112.31% | |
| 21 | DKS | Dick's Sporting Goods Inc | 股票-循環性消費 | 1.77% | +0.56% | +56.52% | |
| 22 | WVE | Wave Life Sciences Ltd. | 股票-其他 | 1.76% | -0.42% | +10.13% | |
| 23 | SWX | Southwest Gas Holdings Inc | 股票-公用事業 | 1.76% | -0.65% | +4.84% | |
| 24 | ALAB | Astera Labs Inc | 股票-科技 | 1.74% | +3.34% | -5.47% | |
| 25 | AGX | Argan Inc | 股票-工業 | 1.48% | -2.92% | EXIT | |
| 26 | COMP | Compass Inc - Class A | 股票-房地產 | 1.43% | +0.20% | — | |
| 27 | SCHW | Schwab (charles) CORP | 股票-金融 | 1.34% | — | +44.02% | |
| 28 | BTU | Peabody Energy CORP | 股票-能源 | 1.30% | — | -15.02% | |
| 29 | KO | Coca-cola Co/the | 股票-非循環性消費 | 1.17% | +0.31% | +7103.13% | |
| 30 | LRCX | Lam Research CORP | 股票-科技 | 1.16% | +0.02% | NEW | |
| 31 | SGI | Somnigroup International Inc | 股票-循環性消費 | 1.09% | — | -0.91% | |
| 32 | CDTX | Cidara Therapeutics Inc | 股票-其他 | 1.08% | — | +9.20% | |
| 33 | SHW | Sherwin-williams Co/the | 股票-原物料 | 0.99% | +0.30% | -25.85% | |
| 34 | CART | Maplebear Inc | 股票-循環性消費 | 0.94% | — | -2.57% | |
| 35 | DASH | Doordash Inc - A | 股票-循環性消費 | 0.87% | — | +6200.44% | |
| 36 | DIS | Walt Disney Co/the | 股票-通訊服務 | 0.86% | -0.01% | EXIT | |
| 37 | NAMS | NewAmsterdam Pharma Company N.V. | 股票-其他 | 0.71% | +0.17% | +25.88% | |
| 38 | PCVX | Vaxcyte Inc | 股票-其他 | 0.67% | -0.09% | +5.01% | |
| 39 | MELI | Mercadolibre Inc | 股票-循環性消費 | 0.57% | -0.54% | EXIT | |
| 40 | DDOG | Datadog Inc - Class A | 股票-科技 | 0.56% | — | +13.13% | |
| 41 | SNOW | Snowflake Inc | 股票-科技 | 0.53% | +2.20% | NEW | |
| 42 | IVVD | Invivyd Inc | 股票-其他 | 0.50% | -0.13% | — | |
| 43 | MMSI | Merit Medical Systems Inc | 股票-醫療保健 | 0.46% | +0.03% | -69.81% | |
| 44 | CTRI | Centuri Holdings Inc | 股票-其他 | 0.45% | — | — | |
| 45 | RBLX | Roblox CORP -class A | 股票-通訊服務 | 0.45% | -0.01% | EXIT | |
| 46 | 260 | Centessa Pharmaceuticals-adr | 股票-其他 | 0.44% | -0.85% | EXIT | |
| 47 | FLUT | Flutter Entertainment plc | 股票-循環性消費 | 0.43% | — | +39.62% | |
| 48 | MDLN | Medline Inc-cl A | 股票-其他 | 0.36% | -0.41% | EXIT | |
| 49 | CPNG | Coupang Inc | 股票-循環性消費 | 0.35% | — | -34.00% | |
| 50 | SAIL | Sailpoint Inc | 股票-其他 | 0.21% | — | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | TSM | Taiwan Semiconductor-sp Adr | +1.6% | +62.70% | 加碼 |
| 2 | GFL | Gfl Environmental Inc-sub Vt | +1.3% | +216.54% | 加碼 |
| 3 | KO | Coca-cola Co/the | +1.2% | +7103.13% | 加碼 |
| 4 | LRCX | Lam Research CORP | +1.1% | +3722.97% | 加碼 |
| 5 | MNST | Monster Beverage CORP | +1% | +100.70% | 加碼 |
| 6 | CVNA | Carvana Co | +1% | +112.31% | 加碼 |
| 7 | WVE | Wave Life Sciences Ltd. | +0.9% | +10.13% | 加碼 |
| 8 | DASH | Doordash Inc - A | +0.9% | +6200.44% | 加碼 |
| 9 | NVDA | Nvidia CORP | +0.6% | +39.33% | 加碼 |
| 10 | CDTX | Cidara Therapeutics Inc | +0.6% | +9.20% | 加碼 |
| 11 | ASML | ASML Holding N.V. | +0.5% | +37.09% | 加碼 |
| 12 | COF | Capital One Financial CORP | +0.3% | +19.60% | 加碼 |
| 13 | PM | Philip Morris International | +0.2% | +34.21% | 加碼 |
| 14 | SCHW | Schwab (charles) CORP | +0.2% | +44.02% | 加碼 |
| 15 | IVVD | Invivyd Inc | +0.2% | — | 不變 |
| 16 | TECH | Bio-techne CORP | +0.2% | +27.82% | 加碼 |
| 17 | DKS | Dick's Sporting Goods Inc | +0.2% | +56.52% | 加碼 |
| 18 | NAMS | NewAmsterdam Pharma Company N.V. | +0.1% | +25.88% | 加碼 |
| 19 | PCVX | Vaxcyte Inc | +0.1% | +5.01% | 加碼 |
| 20 | INTU | Intuit Inc | 0% | +1171.82% | 加碼 |
| 21 | ASO | Academy Sports & Outdoors In | 0% | +451.57% | 加碼 |
| 22 | MELI | Mercadolibre Inc | 0% | +52.06% | 加碼 |
| 23 | FDX | Fedex CORP | 0% | +67.96% | 加碼 |
| 24 | GDDY | Godaddy Inc - Class A | 0% | +188.44% | 加碼 |
| 25 | BOOT | Boot Barn Holdings Inc | 0% | +199.54% | 加碼 |
| 26 | PLAY | Dave & Buster's Entertainmen | 0% | +115.20% | 加碼 |
| 27 | DAVE | Dave Inc | 0% | +136.44% | 加碼 |
| 28 | ELAN | Elanco Animal Health Inc | 0% | +240.39% | 加碼 |
| 29 | GUTS | Fractyl Health Inc | 0% | — | 不變 |
| 30 | ROKU | Roku Inc | 0% | +46.45% | 加碼 |
| 31 | YOU | Clear Secure Inc -class A | 0% | +48.36% | 加碼 |
| 32 | FLUT | Flutter Entertainment plc | 0% | +39.62% | 加碼 |
| 33 | MDLZ | Mondelez International Inc-a | 0% | -73.98% | 減碼 |
| 34 | BYRN | Byrna Technologies Inc | 0% | -89.17% | 減碼 |
| 35 | GAP | Gap Inc/the | 0% | -64.66% | 減碼 |
| 36 | NYT | New York Times Co-a | 0% | -65.03% | 減碼 |
| 37 | SAM | Boston Beer Company Inc-a | 0% | -62.72% | 減碼 |
| 38 | MO | Altria Group Inc | 0% | -61.85% | 減碼 |
| 39 | TSN | Tyson Foods Inc-cl A | 0% | -49.73% | 減碼 |
| 40 | CART | Maplebear Inc | 0% | -2.57% | 減碼 |
| 41 | ULTA | Ulta Beauty Inc | 0% | -87.83% | 減碼 |
| 42 | UPS | United Parcel Service-cl B | 0% | -83.93% | 減碼 |
| 43 | BKE | Buckle Inc/the | 0% | -40.50% | 減碼 |
| 44 | WINA | Winmark CORP | 0% | -35.57% | 減碼 |
| 45 | COCO | Vita Coco Co Inc/the | 0% | -55.65% | 減碼 |
| 46 | AEO | American Eagle Outfitters | 0% | -67.46% | 減碼 |
| 47 | REYN | Reynolds Consumer Products I | 0% | -38.64% | 減碼 |
| 48 | VITL | Vital Farms Inc | -0.1% | -66.26% | 減碼 |
| 49 | WMK | Weis Markets Inc | -0.1% | -43.62% | 減碼 |
| 50 | BKNG | Booking Holdings Inc | -0.1% | -35.14% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Maverick Capital LTD 在 Q4 2025 季度的美股持倉總市值約為 US$113.2億，共申報了 178 個公開持股部位。
在 Q4 2025 季度，Maverick Capital LTD 按市值排列的前三大核心持股分別為：NVDA (6.0%)、MSFT (6.0%)、AMZN (5.9%)。其中最大持股部位 NVDA 佔據整體投資組合約 6.0% 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
GOOG
市值: US$3.6億
本季最大獲利了結 / 清倉標的
KVUE
前期市值: US$2.0億
在 Q4 2025 季度中，Maverick Capital LTD 共進行了 195 項持倉異動，包含新建倉 52 個部位、加碼 38 個部位、減碼 34 個部位以及清倉 71 個部位。 其中最大新建倉標的為 GOOG。 本季清倉部位包含 KVUE。
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。