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: 0001990699
申報總市值
US$12.2億
US$12.2億
555 檔
13.5%
Norden Group LLC 在 Q2 2025 季度的美股部位總計估值為 US$12.2億，分散於 555 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，Norden Group LLC 在獲利結算 26 檔個股的同時，將資本重新部署至 29 檔新選標的，展現主動管理機構的輪動節奏。
在資產配置集中度方面，Norden Group LLC 的前 5 大核心持股（包含 PAAA, MSFT, NVDA 等）合計佔整體申報市值的 13.5%，反映機構在主要關鍵部位上的權重分佈。
僅顯示前 200 大持股（共 555 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 | PAAA | Pgim Aaa Clo ETF | ETF-其他 | 7.17% | -1.33% | -22.43% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 3.26% | -0.53% | +0.75% | |
| 3 | NVDA | Nvidia CORP | 股票-科技 | 2.80% | +0.12% | +14.21% | |
| 4 | AAPL | Apple Inc | 股票-科技 | 2.41% | +0.21% | -3.27% | |
| 5 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.24% | -0.11% | -0.43% | |
| 6 | BIL | Ss Spdr Bb 1-3m T-bill ETF | ETF-政府公債 | 1.96% | -0.46% | +1528.09% | |
| 7 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 1.92% | -0.01% | -47.18% | |
| 8 | CGSD | Cap Group Short Duration | ETF-其他 | 1.57% | — | -5.45% | |
| 9 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 1.12% | +0.10% | +598.58% | |
| 10 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 1.08% | +0.17% | +7.26% | |
| 11 | NFLX | Netflix Inc | 股票-通訊服務 | 1.07% | -0.28% | +4.81% | |
| 12 | AVGO | Broadcom Inc | 股票-科技 | 1.02% | +0.06% | +7.50% | |
| 13 | IVW | Ishares S&p 500 Growth ETF | ETF-大型股與成長 | 1.00% | — | -65.15% | |
| 14 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.98% | -0.40% | +9.74% | |
| 15 | V | Visa Inc-class A Shares | 股票-金融 | 0.96% | -0.14% | -4.31% | |
| 16 | ORCL | Oracle CORP | 股票-科技 | 0.94% | -0.21% | -5.45% | |
| 17 | PM | Philip Morris International | 股票-非循環性消費 | 0.92% | -0.04% | -9.50% | |
| 18 | GILD | Gilead Sciences Inc | 股票-醫療保健 | 0.89% | -0.09% | +172.76% | |
| 19 | MA | Mastercard Inc - A | 股票-金融 | 0.86% | -0.16% | +0.53% | |
| 20 | IVV | Ishares Core S&p 500 ETF | ETF-大型股與成長 | 0.81% | +1.20% | -2.73% | |
| 21 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.80% | -0.09% | -3.91% | |
| 22 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.74% | -0.11% | +0.68% | |
| 23 | NVO | Novo-nordisk A/s-spons Adr | 股票-醫療保健 | 0.72% | — | +216.31% | |
| 24 | PPA | Invesco Aerospace & Defense | ETF-其他 | 0.72% | -0.57% | EXIT | |
| 25 | XLY | Ss Consumer Disc Select Sect | ETF-其他 | 0.71% | — | +2821.66% | |
| 26 | CRWD | Crowdstrike Holdings Inc - A | 股票-科技 | 0.69% | +0.09% | +735.60% | |
| 27 | MO | Altria Group Inc | 股票-非循環性消費 | 0.68% | +0.02% | +329.73% | |
| 28 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.68% | -0.04% | +2.00% | |
| 29 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.66% | +0.09% | -1.30% | |
| 30 | CSCO | Cisco Systems Inc | 股票-科技 | 0.65% | +0.04% | -4.29% | |
| 31 | XLU | St Sr Utl Sl Se Spdr Etf-usd | ETF-其他 | 0.65% | — | — | |
| 32 | VNQ | Vanguard Real Estate ETF | ETF-其他 | 0.64% | — | — | |
| 33 | IYR | Ishares US Real Estate ETF | ETF-其他 | 0.64% | — | — | |
| 34 | TSLA | Tesla Inc | 股票-循環性消費 | 0.64% | -0.06% | -2.98% | |
| 35 | ANET | Arista Networks Inc | 股票-科技 | 0.64% | +0.21% | — | |
| 36 | TMUS | T-mobile US Inc | 股票-通訊服務 | 0.63% | -0.03% | +357.21% | |
| 37 | ADBE | Adobe Inc | 股票-科技 | 0.59% | -0.05% | -3.98% | |
| 38 | JPST | Jpmorgan Ultra-short Income | ETF-其他 | 0.56% | -0.07% | -79.72% | |
| 39 | ABT | Abbott Laboratories | 股票-醫療保健 | 0.56% | -0.04% | -0.55% | |
| 40 | NOW | Servicenow Inc | 股票-科技 | 0.55% | -0.27% | +13.78% | |
| 41 | KR | Kroger Co | 股票-非循環性消費 | 0.54% | — | +1336.43% | |
| 42 | EXPE | Expedia Group Inc | 股票-循環性消費 | 0.53% | +0.06% | — | |
| 43 | NET | Cloudflare Inc - Class A | 股票-科技 | 0.53% | -0.02% | +8.88% | |
| 44 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.50% | -0.05% | -14.99% | |
| 45 | VZ | Verizon Communications Inc | 股票-通訊服務 | 0.50% | -0.16% | -1.89% | |
| 46 | JD | Jd.com Inc-adr | 股票-循環性消費 | 0.50% | — | — | |
| 47 | BAC | Bank Of America CORP | 股票-金融 | 0.47% | +0.04% | +3.81% | |
| 48 | SHOP | Shopify Inc - Class A | 股票-科技 | 0.47% | +0.66% | -3.23% | |
| 49 | ACN | Accenture plc | 股票-科技 | 0.47% | -0.18% | +3.81% | |
| 50 | SPYG | Ss Spdr P S&p 500 Growth ETF | ETF-大型股與成長 | 0.46% | +0.02% | +20.83% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | BIL | Ss Spdr Bb 1-3m T-bill ETF | +1.8% | +1528.09% | 加碼 |
| 2 | NVDA | Nvidia CORP | +1% | +14.21% | 加碼 |
| 3 | QQQ | Invesco Qqq Trust Series 1 | +1% | +598.58% | 加碼 |
| 4 | PPA | Invesco Aerospace & Defense | +0.7% | NEW | 新建倉 |
| 5 | XLY | Ss Consumer Disc Select Sect | +0.7% | +2821.66% | 加碼 |
| 6 | MSFT | Microsoft CORP | +0.7% | +0.75% | 加碼 |
| 7 | XLU | St Sr Utl Sl Se Spdr Etf-usd | +0.7% | NEW | 新建倉 |
| 8 | VNQ | Vanguard Real Estate ETF | +0.6% | NEW | 新建倉 |
| 9 | IYR | Ishares US Real Estate ETF | +0.6% | NEW | 新建倉 |
| 10 | ANET | Arista Networks Inc | +0.6% | NEW | 新建倉 |
| 11 | CRWD | Crowdstrike Holdings Inc - A | +0.6% | +735.60% | 加碼 |
| 12 | GILD | Gilead Sciences Inc | +0.5% | +172.76% | 加碼 |
| 13 | EXPE | Expedia Group Inc | +0.5% | NEW | 新建倉 |
| 14 | MO | Altria Group Inc | +0.5% | +329.73% | 加碼 |
| 15 | KR | Kroger Co | +0.5% | +1336.43% | 加碼 |
| 16 | JD | Jd.com Inc-adr | +0.5% | NEW | 新建倉 |
| 17 | NVO | Novo-nordisk A/s-spons Adr | +0.5% | +216.31% | 加碼 |
| 18 | TMUS | T-mobile US Inc | +0.5% | +357.21% | 加碼 |
| 19 | AVGO | Broadcom Inc | +0.4% | +7.50% | 加碼 |
| 20 | NFLX | Netflix Inc | +0.3% | +4.81% | 加碼 |
| 21 | META | Meta Platforms Inc-class A | +0.3% | +9.74% | 加碼 |
| 22 | ORCL | Oracle CORP | +0.3% | -5.45% | 減碼 |
| 23 | NET | Cloudflare Inc - Class A | +0.2% | +8.88% | 加碼 |
| 24 | IDXX | Idexx Laboratories Inc | +0.2% | +581.23% | 加碼 |
| 25 | AMZN | Amazon.com Inc | +0.2% | -0.43% | 減碼 |
| 26 | SHY | Ishares 1-3 Year Treasury Bo | +0.2% | +220.54% | 加碼 |
| 27 | NOW | Servicenow Inc | +0.2% | +13.78% | 加碼 |
| 28 | GOOGL | Alphabet Inc-cl A | +0.2% | +7.26% | 加碼 |
| 29 | SPEM | State Street Sp Ptf Em ETF | +0.1% | +117.59% | 加碼 |
| 30 | PLTR | Palantir Technologies Inc-a | +0.1% | +63.04% | 加碼 |
| 31 | SPYG | Ss Spdr P S&p 500 Growth ETF | +0.1% | +20.83% | 加碼 |
| 32 | APD | Air Products & Chemicals Inc | +0.1% | +167.28% | 加碼 |
| 33 | AMD | Advanced Micro Devices | +0.1% | +55.99% | 加碼 |
| 34 | PINS | Pinterest Inc- Class A | +0.1% | +57.21% | 加碼 |
| 35 | EHC | Encompass Health CORP | +0.1% | NEW | 新建倉 |
| 36 | TSLL | Dirx Dly Tsla Bul 2x Etf-aui | +0.1% | +478.20% | 加碼 |
| 37 | TSLA | Tesla Inc | +0.1% | -2.98% | 減碼 |
| 38 | COST | Costco Wholesale CORP | +0.1% | +23.14% | 加碼 |
| 39 | SNOW | Snowflake Inc | +0.1% | +2.40% | 加碼 |
| 40 | INTU | Intuit Inc | +0.1% | +34.09% | 加碼 |
| 41 | FAST | Fastenal Co | +0.1% | +212.73% | 加碼 |
| 42 | LIN | Linde plc | +0.1% | +100.00% | 加碼 |
| 43 | FICO | Fair Isaac CORP | +0.1% | NEW | 新建倉 |
| 44 | K4F | Onestream Inc | +0.1% | +75.24% | 加碼 |
| 45 | HEI | Heico CORP | +0.1% | NEW | 新建倉 |
| 46 | JPM | Jpmorgan Chase & Co | +0.1% | -1.30% | 減碼 |
| 47 | CW | Curtiss-wright CORP | +0.1% | -7.96% | 減碼 |
| 48 | CAVA | Cava Group Inc | +0.1% | NEW | 新建倉 |
| 49 | THC | Tenet Healthcare CORP | +0.1% | +89.17% | 加碼 |
| 50 | CDNS | Cadence Design Sys Inc | +0.1% | +174.66% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Norden Group LLC 在 Q2 2025 季度的美股持倉總市值約為 US$12.2億，共申報了 555 個公開持股部位。
在 Q2 2025 季度，Norden Group LLC 按市值排列的前三大核心持股分別為：PAAA (7.2%)、MSFT (3.3%)、NVDA (2.8%)。其中最大持股部位 PAAA 佔據整體投資組合約 7.2% 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
PPA
市值: US$664.5萬
本季最大獲利了結 / 清倉標的
JNK
前期市值: US$859.2萬
在 Q2 2025 季度中，Norden Group LLC 共進行了 200 項持倉異動，包含新建倉 29 個部位、加碼 82 個部位、減碼 63 個部位以及清倉 26 個部位。 其中最大新建倉標的為 PPA。 本季清倉部位包含 JNK。
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。