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: 0001661140
申報總市值
US$32.9億
US$32.9億
81 檔
18.7%
Q4 2025 季度申報顯示，Oribel Capital Management, LP 揭露的美股組合總市值為 US$32.9億，涵蓋 81 個不同之權益投資部位。
觀察 Q4 2025 的申報異動，Oribel Capital Management, LP 採取了強勁的買進策略，建倉與加碼動作（合計 63 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。
整體而言，Oribel Capital Management, LP 的前 5 大持股（包含 MSI, TSM, TEL）貢獻了組合市值的 18.7%，形成該機構在 Q4 2025 季度的基本面基石。
| # | 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 | MSI | Motorola Solutions Inc | 股票-科技 | 7.01% | -1.23% | EXIT | |
| 2 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 6.22% | — | +5939.19% | |
| 3 | TEL | TE Connectivity plc | 股票-科技 | 5.49% | -0.48% | EXIT | |
| 4 | DOX | Amdocs Limited | 股票-科技 | 5.22% | -1.32% | EXIT | |
| 5 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 4.29% | — | -49.90% | |
| 6 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 3.77% | -3.00% | EXIT | |
| 7 | AMD | Advanced Micro Devices | 股票-科技 | 2.81% | +1.56% | NEW | |
| 8 | DHR | Danaher CORP | 股票-醫療保健 | 2.80% | +1.55% | NEW | |
| 9 | NVDA | Nvidia CORP | 股票-科技 | 2.31% | -0.52% | -66.41% | |
| 10 | KEYS | Keysight Technologies In | 股票-科技 | 2.20% | -0.86% | -53.17% | |
| 11 | CSCO | Cisco Systems Inc | 股票-科技 | 1.96% | -3.03% | -5.32% | |
| 12 | HEI | Heico CORP | 股票-工業 | 1.92% | — | +195.22% | |
| 13 | SOXX | Ishares Semiconductor ETF | ETF-其他 | 1.83% | — | +21.15% | |
| 14 | PANW | Palo Alto Networks Inc | 股票-科技 | 1.83% | +0.18% | — | |
| 15 | CME | Cme Group Inc | 股票-金融 | 1.80% | — | -1.37% | |
| 16 | CDNS | Cadence Design Sys Inc | 股票-科技 | 1.70% | — | — | |
| 17 | APO | Apollo Global Management Inc | 股票-金融 | 1.64% | -0.20% | EXIT | |
| 18 | ECL | Ecolab Inc | 股票-原物料 | 1.57% | +1.50% | -45.97% | |
| 19 | WMT | Walmart Inc | 股票-非循環性消費 | 1.46% | — | -50.30% | |
| 20 | FLEX | Flex Ltd. | 股票-科技 | 1.42% | +1.18% | — | |
| 21 | APH | Amphenol Corp-cl A | 股票-科技 | 1.37% | — | +243.63% | |
| 22 | ETN | Eaton Corporation plc | 股票-工業 | 1.37% | — | — | |
| 23 | ROL | Rollins Inc | 股票-循環性消費 | 1.37% | +0.99% | NEW | |
| 24 | FIS | Fidelity National Info Serv | 股票-科技 | 1.36% | — | — | |
| 25 | SPBO | Ss Spdr P CORP Bond ETF | ETF-投資等級公司債 | 1.35% | — | — | |
| 26 | ADBE | Adobe Inc | 股票-科技 | 1.27% | +0.18% | NEW | |
| 27 | WM | Waste Management Inc | 股票-工業 | 1.23% | — | -61.53% | |
| 28 | SNOW | Snowflake Inc | 股票-科技 | 1.18% | -0.11% | — | |
| 29 | TMUS | T-mobile US Inc | 股票-通訊服務 | 1.14% | — | — | |
| 30 | MDB | Mongodb Inc | 股票-科技 | 1.13% | +0.39% | — | |
| 31 | CRWD | Crowdstrike Holdings Inc - A | 股票-科技 | 1.07% | +1.09% | — | |
| 32 | CRL | Charles River Laboratories | 股票-醫療保健 | 1.00% | — | — | |
| 33 | DELL | Dell Technologies -c | 股票-科技 | 0.96% | — | — | |
| 34 | HUBS | Hubspot Inc | 股票-科技 | 0.94% | — | — | |
| 35 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.93% | -0.10% | EXIT | |
| 36 | CRM | Salesforce Inc | 股票-科技 | 0.93% | +1.80% | NEW | |
| 37 | VZ | Verizon Communications Inc | 股票-通訊服務 | 0.92% | — | -45.47% | |
| 38 | CLS | Celestica Inc | 股票-科技 | 0.91% | +0.57% | NEW | |
| 39 | ON | On Semiconductor | 股票-科技 | 0.89% | — | — | |
| 40 | NXPI | NXP Semiconductors N.V. | 股票-科技 | 0.89% | — | — | |
| 41 | DDOG | Datadog Inc - Class A | 股票-科技 | 0.88% | +0.17% | — | |
| 42 | CWAN | Clearwater Analytics Holdings, Inc. | 股票-科技 | 0.85% | — | — | |
| 43 | IQV | Iqvia Holdings Inc | 股票-醫療保健 | 0.84% | +0.33% | NEW | |
| 44 | ZBRA | Zebra Technologies Corp-cl A | 股票-科技 | 0.77% | +0.32% | NEW | |
| 45 | CTAS | Cintas CORP | 股票-工業 | 0.73% | — | — | |
| 46 | SAP | Sap Se-sponsored Adr | 股票-科技 | 0.64% | -0.01% | — | |
| 47 | EFX | Equifax Inc | 股票-工業 | 0.64% | +0.05% | NEW | |
| 48 | ADI | Analog Devices Inc | 股票-科技 | 0.63% | +8.77% | NEW | |
| 49 | HA7 | Enviri CORP | 股票-其他 | 0.58% | — | — | |
| 50 | TECH | Bio-techne CORP | 股票-醫療保健 | 0.57% | — | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | MSI | Motorola Solutions Inc | +6.7% | +1877.23% | 加碼 |
| 2 | TSM | Taiwan Semiconductor-sp Adr | +6.2% | +5939.19% | 加碼 |
| 3 | TEL | TE Connectivity plc | +3.9% | +129.26% | 加碼 |
| 4 | GOOG | Alphabet Inc-cl C | +1.9% | +9.05% | 加碼 |
| 5 | HEI | Heico CORP | +1.5% | +195.22% | 加碼 |
| 6 | APH | Amphenol Corp-cl A | +1.1% | +243.63% | 加碼 |
| 7 | SOXX | Ishares Semiconductor ETF | +0.9% | +21.15% | 加碼 |
| 8 | CSCO | Cisco Systems Inc | +0.7% | -5.32% | 減碼 |
| 9 | CME | Cme Group Inc | +0.6% | -1.37% | 減碼 |
| 10 | CLS | Celestica Inc | +0.3% | -18.08% | 減碼 |
| 11 | GE | General Electric | +0.2% | +20.80% | 加碼 |
| 12 | TTWO | Take-two Interactive Softwre | +0.2% | +3.69% | 加碼 |
| 13 | ATR | Aptargroup Inc | +0.2% | +2.61% | 加碼 |
| 14 | NET | Cloudflare Inc - Class A | +0.1% | +131.03% | 加碼 |
| 15 | SPY | Ss Spdr S&p 500 ETF Trust-us | +0.1% | — | 不變 |
| 16 | QQQ | Invesco Qqq Trust Series 1 | 0% | — | 不變 |
| 17 | ADSK | Autodesk Inc | 0% | -22.48% | 減碼 |
| 18 | TRMB | Trimble Inc | -0.2% | -49.94% | 減碼 |
| 19 | GOOGL | Alphabet Inc-cl A | -0.3% | -49.90% | 減碼 |
| 20 | VZ | Verizon Communications Inc | -0.3% | -45.47% | 減碼 |
| 21 | NOW | Servicenow Inc | -0.3% | +84.58% | 加碼 |
| 22 | WMT | Walmart Inc | -0.4% | -50.30% | 減碼 |
| 23 | WDAY | Workday Inc-class A | -0.5% | -58.31% | 減碼 |
| 24 | JNJ | Johnson & Johnson | -0.5% | -66.98% | 減碼 |
| 25 | ECL | Ecolab Inc | -0.5% | -45.97% | 減碼 |
| 26 | KEYS | Keysight Technologies In | -0.6% | -53.17% | 減碼 |
| 27 | WM | Waste Management Inc | -1% | -61.53% | 減碼 |
| 28 | T | At&t Inc | -2% | -85.43% | 減碼 |
| 29 | NVDA | Nvidia CORP | -2.4% | -66.41% | 減碼 |
| 30 | MSFT | Microsoft CORP | -26.8% | -97.97% | 減碼 |
| 31 | AVGO | Broadcom Inc | — | EXIT | 清倉 |
| 32 | CAH | Cardinal Health Inc | — | EXIT | 清倉 |
| 33 | DOX | Amdocs Limited | — | NEW | 新建倉 |
| 34 | AJG | Arthur J Gallagher & Co | — | EXIT | 清倉 |
| 35 | KKR | Kkr & Co Inc | — | EXIT | 清倉 |
| 36 | BX | Blackstone Inc | — | EXIT | 清倉 |
| 37 | TMO | Thermo Fisher Scientific Inc | — | EXIT | 清倉 |
| 38 | 07WA | Mr Cooper Group Inc | — | EXIT | 清倉 |
| 39 | AON | Aon plc | — | EXIT | 清倉 |
| 40 | SANM | Sanmina CORP | — | EXIT | 清倉 |
| 41 | AMD | Advanced Micro Devices | — | NEW | 新建倉 |
| 42 | DHR | Danaher CORP | — | NEW | 新建倉 |
| 43 | ARES | Ares Management CORP - A | — | EXIT | 清倉 |
| 44 | PANW | Palo Alto Networks Inc | — | NEW | 新建倉 |
| 45 | SHOP | Shopify Inc - Class A | — | EXIT | 清倉 |
| 46 | CDNS | Cadence Design Sys Inc | — | NEW | 新建倉 |
| 47 | APO | Apollo Global Management Inc | — | NEW | 新建倉 |
| 48 | FLEX | Flex Ltd. | — | NEW | 新建倉 |
| 49 | ETN | Eaton Corporation plc | — | NEW | 新建倉 |
| 50 | ROL | Rollins Inc | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Oribel Capital Management, LP 在 Q4 2025 季度的美股持倉總市值約為 US$32.9億，共申報了 81 個公開持股部位。
在 Q4 2025 季度，Oribel Capital Management, LP 按市值排列的前三大核心持股分別為：MSI (7.0%)、TSM (6.2%)、TEL (5.5%)。其中最大持股部位 MSI 佔據整體投資組合約 7.0% 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
DOX
市值: US$1.1億
本季最大獲利了結 / 清倉標的
AVGO
前期市值: US$1.7億
在 Q4 2025 季度中，Oribel Capital Management, LP 共進行了 104 項持倉異動，包含新建倉 51 個部位、加碼 12 個部位、減碼 16 個部位以及清倉 25 個部位。 其中最大新建倉標的為 DOX。 本季清倉部位包含 AVGO。
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。