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: 0001911372
申報總市值
US$3.2億
US$3.2億
48 檔
20.3%
截至 Q4 2025 季度末，Meros Investment Management, LP 的美股持倉估值約為 US$3.2億，全數申報部位共有 48 檔。
觀察 Q4 2025 的申報異動，Meros Investment Management, LP 採取了強勁的買進策略，建倉與加碼動作（合計 36 筆）涵蓋多個核心板塊，展現機構對特定產業前景之樂觀態度。
檢視投資組合結構，前 5 大主力部位（包含 DCO, MGNI, 8TG）占據了總市值的 20.3%，展現出該機構在 Q4 2025 的重點資金聚焦與風險分佈特徵。
| # | 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 | DCO | Ducommun Inc | 股票-其他 | 6.58% | +0.18% | +4.77% | |
| 2 | MGNI | Magnite Inc | 股票-其他 | 5.31% | +0.86% | +34.50% | |
| 3 | 8TG | Thermon Group Holdings Inc | 股票-其他 | 5.01% | -5.27% | EXIT | |
| 4 | HA7 | Enviri CORP | 股票-其他 | 4.57% | -3.31% | +1.01% | |
| 5 | AMPL | Amplitude Inc-class A | 股票-其他 | 3.96% | -1.43% | +12.65% | |
| 6 | WTTR | Select Water Solutions Inc | 股票-其他 | 3.92% | -0.27% | +4.38% | |
| 7 | ARHS | Arhaus Inc | 股票-其他 | 3.65% | +0.98% | +71.14% | |
| 8 | BBW | Build-a-bear Workshop Inc | 股票-其他 | 3.57% | -2.47% | EXIT | |
| 9 | MDXG | Mimedx Group Inc | 股票-其他 | 3.56% | -0.50% | +4.38% | |
| 10 | COHU | Cohu Inc | 股票-其他 | 3.28% | +0.81% | +8.13% | |
| 11 | PHR | Phreesia Inc | 股票-其他 | 3.21% | -2.24% | EXIT | |
| 12 | SEI | Solaris Energy Infrastructur | 股票-能源 | 3.00% | -0.49% | -43.67% | |
| 13 | INDI | Indie Semiconductor Inc-a | 股票-其他 | 2.96% | -1.76% | +5.92% | |
| 14 | SHOE | Shoe Station Group Inc | 股票-其他 | 2.78% | -2.86% | EXIT | |
| 15 | MLAB | Mesa Laboratories Inc | 股票-其他 | 2.65% | -0.46% | +11.17% | |
| 16 | KRUS | Kura Sushi USA Inc-class A | 股票-其他 | 2.62% | -0.04% | — | |
| 17 | SLP | Simulations Plus Inc | 股票-其他 | 2.45% | -1.80% | — | |
| 18 | PACK | Ranpak Holdings CORP | 股票-其他 | 2.39% | +0.13% | +4.18% | |
| 19 | CYRX | Cryoport Inc | 股票-其他 | 2.38% | +1.51% | +13.95% | |
| 20 | INMD | InMode Ltd. | 股票-其他 | 2.36% | -1.34% | EXIT | |
| 21 | AIV | Apartment Invt & Mgmt Co -a | 股票-其他 | 2.35% | -0.80% | +4.35% | |
| 22 | AZTA | Azenta Inc | 股票-其他 | 2.20% | -0.47% | +4.31% | |
| 23 | BXC | Bluelinx Holdings Inc | 股票-其他 | 2.00% | +0.06% | +4.29% | |
| 24 | WNC | Wabash National CORP | 股票-其他 | 1.93% | -2.05% | EXIT | |
| 25 | TILE | Interface Inc | 股票-其他 | 1.92% | +0.33% | +4.33% | |
| 26 | KRMD | Koru Medical Systems Inc | 股票-其他 | 1.80% | -0.41% | -7.84% | |
| 27 | INFU | Infusystem Holdings Inc | 股票-其他 | 1.77% | -0.44% | +4.34% | |
| 28 | MBUU | Malibu Boats Inc - A | 股票-其他 | 1.77% | +0.71% | +16.86% | |
| 29 | WEAV | Weave Communications Inc | 股票-其他 | 1.72% | -0.46% | — | |
| 30 | PLAB | Photronics Inc | 股票-其他 | 1.37% | +1.79% | -78.60% | |
| 31 | HURC | Hurco Companies Inc | 股票-其他 | 1.33% | +0.19% | -8.00% | |
| 32 | EMBC | Embecta CORP | 股票-醫療保健 | 1.09% | — | -52.30% | |
| 33 | BVS | Bioventus Inc - A | 股票-其他 | 0.93% | -0.82% | EXIT | |
| 34 | WERN | Werner Enterprises Inc | 股票-其他 | 0.88% | +2.21% | — | |
| 35 | JBI | Janus International Group In | 股票-其他 | 0.84% | — | +4.26% | |
| 36 | MASS | 908 Devices Inc | 股票-其他 | 0.72% | +0.04% | +232.65% | |
| 37 | ✓ | Aebi Schmidt Hldg AG | 股票-其他 | 0.71% | +1.22% | +57.02% | |
| 38 | NTIC | Northern Technologies Intl | 股票-其他 | 0.66% | -0.74% | EXIT | |
| 39 | ICHR | Ichor Holdings, Ltd. | 股票-其他 | 0.55% | — | -65.08% | |
| 40 | RCMT | Rcm Technologies Inc | 股票-其他 | 0.53% | — | +68.99% | |
| 41 | OWLT | Owlet Inc | 股票-其他 | 0.52% | +0.29% | — | |
| 42 | SNCY | Sun Country Airlines Holding | 股票-其他 | 0.46% | — | — | |
| 43 | TWIN | Twin Disc Inc | 股票-其他 | 0.36% | +0.21% | — | |
| 44 | HBIOUSD | Harvard Bioscience Inc | 股票-其他 | 0.32% | +0.11% | +32.60% | |
| 45 | DAVE | Dave Inc | 股票-其他 | 0.32% | -0.03% | -45.83% | |
| 46 | BLFS | Biolife Solutions Inc | 股票-其他 | 0.27% | — | -38.95% | |
| 47 | SRTS | Sensus Healthcare Inc | 股票-其他 | 0.25% | -0.26% | EXIT | |
| 48 | VSXY | Victoria's Secret & Co | 股票-循環性消費 | 0.21% | +0.06% | +4.22% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | ARHS | Arhaus Inc | +1.5% | +71.14% | 加碼 |
| 2 | HA7 | Enviri CORP | +1.1% | +1.01% | 加碼 |
| 3 | 8TG | Thermon Group Holdings Inc | +1% | -3.50% | 減碼 |
| 4 | AMPL | Amplitude Inc-class A | +0.5% | +12.65% | 加碼 |
| 5 | MLAB | Mesa Laboratories Inc | +0.5% | +11.17% | 加碼 |
| 6 | COHU | Cohu Inc | +0.4% | +8.13% | 加碼 |
| 7 | KRMD | Koru Medical Systems Inc | +0.4% | -7.84% | 減碼 |
| 8 | MASS | 908 Devices Inc | +0.3% | +232.65% | 加碼 |
| 9 | AZTA | Azenta Inc | +0.2% | +4.31% | 加碼 |
| 10 | ✓ | Aebi Schmidt Hldg AG | +0.2% | +57.02% | 加碼 |
| 11 | CYRX | Cryoport Inc | +0.2% | +13.95% | 加碼 |
| 12 | HBIOUSD | Harvard Bioscience Inc | +0.2% | +32.60% | 加碼 |
| 13 | VSXY | Victoria's Secret & Co | +0.1% | +4.22% | 加碼 |
| 14 | RCMT | Rcm Technologies Inc | +0.1% | +68.99% | 加碼 |
| 15 | INMD | InMode Ltd. | 0% | +10.03% | 加碼 |
| 16 | SRTS | Sensus Healthcare Inc | 0% | -9.90% | 減碼 |
| 17 | PHR | Phreesia Inc | 0% | +48.47% | 加碼 |
| 18 | MBUU | Malibu Boats Inc - A | -0.1% | +16.86% | 加碼 |
| 19 | TILE | Interface Inc | -0.1% | +4.33% | 加碼 |
| 20 | PACK | Ranpak Holdings CORP | -0.2% | +4.18% | 加碼 |
| 21 | WTTR | Select Water Solutions Inc | -0.2% | +4.38% | 加碼 |
| 22 | MDXG | Mimedx Group Inc | -0.2% | +4.38% | 加碼 |
| 23 | BLFS | Biolife Solutions Inc | -0.2% | -38.95% | 減碼 |
| 24 | DCO | Ducommun Inc | -0.3% | +4.77% | 加碼 |
| 25 | DAVE | Dave Inc | -0.3% | -45.83% | 減碼 |
| 26 | NTIC | Northern Technologies Intl | -0.3% | -25.47% | 減碼 |
| 27 | INFU | Infusystem Holdings Inc | -0.3% | +4.34% | 加碼 |
| 28 | MGNI | Magnite Inc | -0.4% | +34.50% | 加碼 |
| 29 | HURC | Hurco Companies Inc | -0.4% | -8.00% | 減碼 |
| 30 | JBI | Janus International Group In | -0.5% | +4.26% | 加碼 |
| 31 | BXC | Bluelinx Holdings Inc | -0.5% | +4.29% | 加碼 |
| 32 | INDI | Indie Semiconductor Inc-a | -0.5% | +5.92% | 加碼 |
| 33 | WNC | Wabash National CORP | -0.8% | -12.68% | 減碼 |
| 34 | AIV | Apartment Invt & Mgmt Co -a | -0.9% | +4.35% | 加碼 |
| 35 | ICHR | Ichor Holdings, Ltd. | -1.1% | -65.08% | 減碼 |
| 36 | EMBC | Embecta CORP | -1.8% | -52.30% | 減碼 |
| 37 | SEI | Solaris Energy Infrastructur | -2% | -43.67% | 減碼 |
| 38 | PLAB | Photronics Inc | -3.6% | -78.60% | 減碼 |
| 39 | PLYM | Plymouth Industrial Reit Inc | — | EXIT | 清倉 |
| 40 | BBW | Build-a-bear Workshop Inc | — | NEW | 新建倉 |
| 41 | SHOE | Shoe Station Group Inc | — | NEW | 新建倉 |
| 42 | KRUS | Kura Sushi USA Inc-class A | — | NEW | 新建倉 |
| 43 | SLP | Simulations Plus Inc | — | NEW | 新建倉 |
| 44 | WEAV | Weave Communications Inc | — | NEW | 新建倉 |
| 45 | BVS | Bioventus Inc - A | — | NEW | 新建倉 |
| 46 | WERN | Werner Enterprises Inc | — | NEW | 新建倉 |
| 47 | TEAD | Teads Holding Co | — | EXIT | 清倉 |
| 48 | OWLT | Owlet Inc | — | NEW | 新建倉 |
| 49 | SNCY | Sun Country Airlines Holding | — | NEW | 新建倉 |
| 50 | KRNT | Kornit Digital Ltd. | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Meros Investment Management, LP 在 Q4 2025 季度的美股持倉總市值約為 US$3.2億，共申報了 48 個公開持股部位。
在 Q4 2025 季度，Meros Investment Management, LP 按市值排列的前三大核心持股分別為：DCO (6.6%)、MGNI (5.3%)、8TG (5.0%)。其中最大持股部位 DCO 佔據整體投資組合約 6.6% 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
BBW
市值: US$900.4萬
本季最大獲利了結 / 清倉標的
PLYM
前期市值: US$1462.8萬
在 Q4 2025 季度中，Meros Investment Management, LP 共進行了 53 項持倉異動，包含新建倉 10 個部位、加碼 26 個部位、減碼 12 個部位以及清倉 5 個部位。 其中最大新建倉標的為 BBW。 本季清倉部位包含 PLYM。
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。