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: 0001389574
申報總市值
US$17.8億
US$17.8億
211 檔
6.9%
Nicholas Investment Partners, LP 在 Q2 2025 季度的美股部位總計估值為 US$17.8億，分散於 211 個持倉標的之中，反映其市場參與廣度與投資規模。
觀察 Q2 2025 的資金脈絡，Nicholas Investment Partners, LP 在獲利結算 31 檔個股的同時，將資本重新部署至 50 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 BWXT, EMBJ, RSI）累計市值佔比達 6.9%，是驅動 Nicholas Investment Partners, LP 該季度整體投資組合績效表現的核心支柱。
僅顯示前 200 大持股（共 211 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 | BWXT | Bwx Technologies Inc | 股票-工業 | 3.41% | -0.87% | -7.78% | |
| 2 | EMBJ | Embraer Sa-spon Adr | 股票-工業 | 2.06% | -1.83% | EXIT | |
| 3 | RSI | Rush Street Interactive Inc | 股票-其他 | 1.83% | +0.10% | -16.97% | |
| 4 | 1RG | Rev Group Inc | 股票-其他 | 1.82% | — | -39.63% | |
| 5 | INSM | Insmed Inc | 股票-醫療保健 | 1.75% | -2.00% | -12.74% | |
| 6 | NVDA | Nvidia CORP | 股票-科技 | 1.73% | -0.06% | — | |
| 7 | AVGO | Broadcom Inc | 股票-科技 | 1.70% | -0.06% | +13.49% | |
| 8 | KTOS | Kratos Defense & Security | 股票-工業 | 1.69% | -1.99% | EXIT | |
| 9 | VRNA | Verona Pharma PLC - Adr | 股票-其他 | 1.67% | — | +7.65% | |
| 10 | MSFT | Microsoft CORP | 股票-科技 | 1.53% | -0.35% | -0.58% | |
| 11 | GEV | GE Vernova Inc | 股票-工業 | 1.43% | -0.56% | +14.09% | |
| 12 | AMZN | Amazon.com Inc | 股票-循環性消費 | 1.24% | -0.05% | +1.85% | |
| 13 | WTFC | Wintrust Financial CORP | 股票-金融 | 1.20% | +0.01% | -4.61% | |
| 14 | ADMA | Adma Biologics Inc | 股票-醫療保健 | 1.16% | — | +55.89% | |
| 15 | SKYW | Skywest Inc | 股票-工業 | 1.16% | -0.42% | EXIT | |
| 16 | SKT | Tanger Inc | 股票-房地產 | 1.14% | -0.04% | -13.58% | |
| 17 | ARES | Ares Management CORP - A | 股票-金融 | 1.12% | — | — | |
| 18 | CRS | Carpenter Technology | 股票-工業 | 1.09% | +0.33% | +29.45% | |
| 19 | OSIS | Osi Systems Inc | 股票-科技 | 1.03% | -0.60% | EXIT | |
| 20 | XOM | Exxon Mobil CORP | 股票-能源 | 1.01% | -0.48% | — | |
| 21 | BA 6 10-15-27債券 | Boeing Co/the | 債券 | 0.99% | -0.07% | +14.19% | |
| 22 | GH | Guardant Health Inc | 股票-醫療保健 | 0.94% | -0.08% | EXIT | |
| 23 | CWST | Casella Waste Systems Inc-a | 股票-工業 | 0.93% | — | +89.36% | |
| 24 | CCJ | Cameco CORP | 股票-能源 | 0.92% | -0.36% | — | |
| 25 | DSGX | Descartes Systems Grp/the | 股票-科技 | 0.90% | -0.27% | EXIT | |
| 26 | UBER 0.875 12-01-28 2028債券 | Uber Technologies Inc | 債券 | 0.90% | +0.05% | +16.42% | |
| 27 | MIR | Mirion Technologies Inc | 股票-工業 | 0.88% | -0.07% | EXIT | |
| 28 | VHT | Vanguard Health Care ETF | ETF-其他 | 0.84% | — | — | |
| 29 | MIRM | Mirum Pharmaceuticals Inc | 股票-其他 | 0.84% | +0.26% | +6.61% | |
| 30 | SFM | Sprouts Farmers Market Inc | 股票-非循環性消費 | 0.82% | — | -5.21% | |
| 31 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.82% | -0.05% | — | |
| 32 | ISRG | Intuitive Surgical Inc | 股票-醫療保健 | 0.81% | -0.04% | EXIT | |
| 33 | ARISUSD | Aris Water Solutions Inc-a | 股票-其他 | 0.78% | — | -3.60% | |
| 34 | MPWR | Monolithic Power Systems Inc | 股票-科技 | 0.78% | -0.01% | +1.45% | |
| 35 | CAKE | Cheesecake Factory Inc/the | 股票-循環性消費 | 0.75% | — | -4.36% | |
| 36 | APPF | Appfolio Inc - A | 股票-科技 | 0.75% | +0.13% | NEW | |
| 37 | BAC | Bank Of America CORP | 股票-金融 | 0.75% | -0.05% | -0.17% | |
| 38 | PARR | Par Pacific Holdings Inc | 股票-能源 | 0.72% | -0.34% | — | |
| 39 | AXON | Axon Enterprise Inc | 股票-工業 | 0.72% | — | +11.30% | |
| 40 | XPO | Xpo Inc | 股票-工業 | 0.72% | -0.15% | — | |
| 41 | NUVL | Nuvalent Inc-a | 股票-其他 | 0.70% | -1.13% | -2.81% | |
| 42 | CDNS | Cadence Design Sys Inc | 股票-科技 | 0.68% | — | — | |
| 43 | WIX | Wix.com Ltd. | 股票-科技 | 0.68% | — | -4.66% | |
| 44 | BOOT | Boot Barn Holdings Inc | 股票-循環性消費 | 0.68% | -0.33% | EXIT | |
| 45 | FWONK 2.25 08-15-27債券 | Liberty Media CORP | 債券 | 0.67% | -0.07% | — | |
| 46 | EXLS | Exlservice Holdings Inc | 股票-科技 | 0.67% | — | +6.10% | |
| 47 | PLMR | Palomar Holdings Inc | 股票-金融 | 0.66% | — | -50.95% | |
| 48 | NEE 3 03-01-27債券 | Nextera Energy Capital | 債券 | 0.64% | -0.27% | — | |
| 49 | NCLH | Norwegian Cruise Line Holdings Ltd. | 股票-循環性消費 | 0.64% | — | +4.08% | |
| 50 | STX 3.5 06-01-28債券 | Seagate Hdd Cayman | 債券 | 0.64% | +0.49% | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | KTOS | Kratos Defense & Security | +1.7% | NEW | 新建倉 |
| 2 | VHT | Vanguard Health Care ETF | +0.8% | NEW | 新建倉 |
| 3 | PARR | Par Pacific Holdings Inc | +0.7% | NEW | 新建倉 |
| 4 | AVGO | Broadcom Inc | +0.7% | +13.49% | 加碼 |
| 5 | GEV | GE Vernova Inc | +0.6% | +14.09% | 加碼 |
| 6 | BABA 0.5 06-01-31債券 | Alibaba Group Holding | +0.6% | NEW | 新建倉 |
| 7 | IWM | Ishares Russell 2000 ETF | +0.6% | NEW | 新建倉 |
| 8 | WING | Wingstop Inc | +0.6% | NEW | 新建倉 |
| 9 | MTSI | Macom Technology Solutions H | +0.6% | NEW | 新建倉 |
| 10 | LEU | Centrus Energy Corp-class A | +0.6% | NEW | 新建倉 |
| 11 | CORZ | Core Scientific Inc | +0.6% | NEW | 新建倉 |
| 12 | RKLB | Rocket Lab CORP | +0.5% | NEW | 新建倉 |
| 13 | FRPT | Freshpet Inc | +0.5% | NEW | 新建倉 |
| 14 | QXO | Qxo Inc | +0.5% | NEW | 新建倉 |
| 15 | BWXT | Bwx Technologies Inc | +0.5% | -7.78% | 減碼 |
| 16 | VRNA | Verona Pharma PLC - Adr | +0.5% | +7.65% | 加碼 |
| 17 | CRS | Carpenter Technology | +0.5% | +29.45% | 加碼 |
| 18 | 07WA | Mr Cooper Group Inc | +0.5% | NEW | 新建倉 |
| 19 | WWW | Wolverine World Wide Inc | +0.4% | NEW | 新建倉 |
| 20 | LYV 3.125 01-15-29債券 | Live Nation Entertainmen | +0.4% | NEW | 新建倉 |
| 21 | WRBY | Warby Parker Inc-class A | +0.4% | NEW | 新建倉 |
| 22 | CWST | Casella Waste Systems Inc-a | +0.4% | +89.36% | 加碼 |
| 23 | SBCF | Seacoast Banking Corp/fl | +0.4% | NEW | 新建倉 |
| 24 | ALNY 1 09-15-27債券 | Alnylam Pharmaceuticals | +0.4% | NEW | 新建倉 |
| 25 | ITRI 1.375 07-15-30債券 | Itron Inc | +0.4% | NEW | 新建倉 |
| 26 | NVDA | Nvidia CORP | +0.4% | — | 不變 |
| 27 | NTRA | Natera Inc | +0.4% | +276.54% | 加碼 |
| 28 | FOUR | Shift4 Payments Inc-class A | +0.4% | +904.62% | 加碼 |
| 29 | SKYW | Skywest Inc | +0.3% | +39.56% | 加碼 |
| 30 | CCJ | Cameco CORP | +0.3% | — | 不變 |
| 31 | MIR | Mirion Technologies Inc | +0.3% | +25.22% | 加碼 |
| 32 | TFII | Tfi International Inc | +0.3% | NEW | 新建倉 |
| 33 | UGI 5 06-01-28債券 | Ugi CORP | +0.3% | NEW | 新建倉 |
| 34 | ANET | Arista Networks Inc | +0.3% | NEW | 新建倉 |
| 35 | ZS | Zscaler Inc | +0.3% | +239.22% | 加碼 |
| 36 | HCI | Hci Group Inc | +0.3% | NEW | 新建倉 |
| 37 | IRON | Disc Medicine Inc | +0.3% | NEW | 新建倉 |
| 38 | AXON | Axon Enterprise Inc | +0.2% | +11.30% | 加碼 |
| 39 | ACLXGBX | Arcellx Inc | +0.2% | NEW | 新建倉 |
| 40 | UEC | Uranium Energy CORP | +0.2% | NEW | 新建倉 |
| 41 | METC | Ramaco Resources Inc-a | +0.2% | NEW | 新建倉 |
| 42 | CVLT | Commvault Systems Inc | +0.2% | +122.71% | 加碼 |
| 43 | MPC | Marathon Petroleum CORP | +0.2% | NEW | 新建倉 |
| 44 | ADMA | Adma Biologics Inc | +0.2% | +55.89% | 加碼 |
| 45 | MELI | Mercadolibre Inc | +0.2% | +232.70% | 加碼 |
| 46 | ZETA | Zeta Global Holdings Corp-a | +0.2% | NEW | 新建倉 |
| 47 | FN | Fabrinet | +0.2% | +19.24% | 加碼 |
| 48 | ALAB | Astera Labs Inc | +0.2% | +29.49% | 加碼 |
| 49 | MSFT | Microsoft CORP | +0.2% | -0.58% | 減碼 |
| 50 | AKRO | Akero Therapeutics Inc | +0.2% | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Nicholas Investment Partners, LP 在 Q2 2025 季度的美股持倉總市值約為 US$17.8億，共申報了 211 個公開持股部位。
在 Q2 2025 季度，Nicholas Investment Partners, LP 按市值排列的前三大核心持股分別為：BWXT (3.4%)、EMBJ (2.1%)、RSI (1.8%)。其中最大持股部位 BWXT 佔據整體投資組合約 3.4% 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
KTOS
市值: US$1897.6萬
本季最大獲利了結 / 清倉標的
XLV
前期市值: US$1339.7萬
在 Q2 2025 季度中，Nicholas Investment Partners, LP 共進行了 171 項持倉異動，包含新建倉 50 個部位、加碼 37 個部位、減碼 53 個部位以及清倉 31 個部位。 其中最大新建倉標的為 KTOS。 本季清倉部位包含 XLV。
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。