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: 0001908623
申報總市值
US$309.8萬
US$309.8萬
273 檔
11.4%
在 Q1 2025 的 13F 官方備案中，PayPay Securities Corp 管理的美股投資組合規模來到 US$309.8萬，整體持股檔數為 273 檔。
從 Q1 2025 申報觀察，PayPay Securities Corp 採取防禦導向的調倉策略，本季減碼 34 檔個股並出清 0 檔部位，顯示機構在該時期進行風險控制與流動性回收。
在資產配置集中度方面，PayPay Securities Corp 的前 5 大核心持股（包含 SPXL, SOXL, SQQQ 等）合計佔整體申報市值的 11.4%，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 273 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 | SPXL | Direxion Daily S&p 500 Bull | ETF-大型股與成長 | 7.33% | -1.03% | +62.06% | |
| 2 | SOXL | Direx Dail Semi Bu 3x Et-usd | ETF-其他 | 3.46% | -4.38% | +67.43% | |
| 3 | SQQQ | ProShares UltraPro Short QQQ | 股票-其他 | 3.41% | — | +85.90% | |
| 4 | ✓ | Direxion Shs ETF Tr | ETF-其他 | 3.07% | — | -40.95% | |
| 5 | NVDA | Nvidia CORP | 股票-科技 | 2.91% | +0.31% | -11.51% | |
| 6 | AAPL | Apple Inc | 股票-科技 | 2.88% | +0.20% | -30.58% | |
| 7 | GLD | Spdr Gold Shares | ETF-避險與商品 | 2.68% | -1.36% | +22.73% | |
| 8 | ✓ | Direxion Shs ETF Tr | ETF-其他 | 2.67% | — | -36.19% | |
| 9 | V32S | Direxion Daily Semi Bear 3x | ETF-其他 | 2.67% | — | -44.64% | |
| 10 | TQQQ | Proshares Ultrapro Qqq | ETF-其他 | 2.27% | -0.91% | +38.40% | |
| 11 | SPXS1EUR | Direxion Dly S&p 500 Bear 3x | ETF-大型股與成長 | 2.23% | — | -23.46% | |
| 12 | MSFT | Microsoft CORP | 股票-科技 | 2.10% | -0.36% | -43.60% | |
| 13 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 1.89% | -0.28% | +13.46% | |
| 14 | AAPD | Direxion Daily Aapl Bear 1x | ETF-其他 | 1.49% | -0.06% | -63.57% | |
| 15 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 1.47% | -0.02% | -32.24% | |
| 16 | TSLA | Tesla Inc | 股票-循環性消費 | 1.47% | — | -18.85% | |
| 17 | TSLL | Dirx Dly Tsla Bul 2x Etf-aui | ETF-其他 | 1.46% | -0.19% | +49.33% | |
| 18 | NVDU | Direxion Daily Nvda Bull 2x | ETF-其他 | 1.41% | -0.22% | -6.19% | |
| 19 | AMZN | Amazon.com Inc | 股票-循環性消費 | 1.30% | -0.17% | -40.80% | |
| 20 | AMZD | Direxion Daily Amzn Bear 1x | ETF-其他 | 1.15% | +0.16% | -72.36% | |
| 21 | MSFD | Dirxn Dly Msft Bear 1x E-usi | ETF-其他 | 1.15% | +0.07% | -71.77% | |
| 22 | GGLS | Direxion Daily Googl Bear 1x | ETF-其他 | 1.13% | +10.79% | -74.21% | |
| 23 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 1.10% | -0.41% | -16.33% | |
| 24 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 1.03% | -0.45% | -23.26% | |
| 25 | TMF | Dir Dly 20+yr Tr Bl3x Etf-ui | ETF-其他 | 0.97% | -0.03% | -37.38% | |
| 26 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.92% | -0.21% | -41.67% | |
| 27 | TMV | Dir Da 20+yr Tre Be 3x Etf-u | ETF-其他 | 0.92% | -0.02% | +116.90% | |
| 28 | AAPU | Direxion Daily Aapl Bull 2x | ETF-其他 | 0.79% | -0.11% | -41.08% | |
| 29 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.78% | -0.25% | -14.06% | |
| 30 | LABU | Drxn Dly S&p Bt Bl 3x Etf-ui | ETF-其他 | 0.77% | -0.38% | +54.93% | |
| 31 | INTC | Intel CORP | 股票-科技 | 0.76% | +0.15% | +158.67% | |
| 32 | AVGO | Broadcom Inc | 股票-科技 | 0.74% | -0.14% | -4.94% | |
| 33 | VYM | Vanguard High Dvd Yield ETF | ETF-其他 | 0.74% | -0.14% | -15.97% | |
| 34 | XOM | Exxon Mobil CORP | 股票-能源 | 0.69% | -0.46% | +5.21% | |
| 35 | LABDUSD | Drx Dly S&p Biotech Bear 3x | ETF-科技型 | 0.63% | — | -32.36% | |
| 36 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.62% | +0.15% | -31.58% | |
| 37 | WMT | Walmart Inc | 股票-非循環性消費 | 0.59% | -0.26% | +3.54% | |
| 38 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.59% | -0.51% | -9.09% | |
| 39 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.58% | -0.33% | -3.28% | |
| 40 | KO | Coca-cola Co/the | 股票-非循環性消費 | 0.58% | -0.33% | +38.24% | |
| 41 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.58% | +0.01% | -6.25% | |
| 42 | GGLL | Direxion Daily Googl Bull 2x | ETF-其他 | 0.57% | -0.36% | -49.04% | |
| 43 | OIH | Vaneck Oil Services ETF | ETF-其他 | 0.57% | — | +94.74% | |
| 44 | V | Visa Inc-class A Shares | 股票-金融 | 0.56% | +0.02% | -24.32% | |
| 45 | MSFU | Direxion Daily Msft Bull 2x | ETF-其他 | 0.55% | +0.10% | -58.86% | |
| 46 | AMZU | Dire Dly Amzn Bul 2x Etf-usd | ETF-其他 | 0.55% | -0.40% | -56.55% | |
| 47 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 0.51% | +0.05% | -36.00% | |
| 48 | VTI | Vanguard Total Stock Mkt ETF | ETF-其他 | 0.49% | -0.07% | -11.43% | |
| 49 | VT | Vanguard Tot World Stk ETF | ETF-其他 | 0.49% | -0.07% | -15.12% | |
| 50 | VIG | Vanguard Dividend Apprec ETF | ETF-其他 | 0.46% | -0.05% | -19.61% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | SPXL | Direxion Daily S&p 500 Bull | +3.2% | +62.06% | 加碼 |
| 2 | SQQQ | ProShares UltraPro Short QQQ | +2.3% | +85.90% | 加碼 |
| 3 | GLD | Spdr Gold Shares | +1.3% | +22.73% | 加碼 |
| 4 | SPY | Ss Spdr S&p 500 ETF Trust-us | +0.6% | +13.46% | 加碼 |
| 5 | INTC | Intel CORP | +0.6% | +158.67% | 加碼 |
| 6 | TMV | Dir Da 20+yr Tre Be 3x Etf-u | +0.6% | +116.90% | 加碼 |
| 7 | OIH | Vaneck Oil Services ETF | +0.4% | +94.74% | 加碼 |
| 8 | KO | Coca-cola Co/the | +0.3% | +38.24% | 加碼 |
| 9 | SPXS1EUR | Direxion Dly S&p 500 Bear 3x | +0.3% | -23.46% | 減碼 |
| 10 | NKE | Nike Inc -cl B | +0.3% | +205.88% | 加碼 |
| 11 | MO | Altria Group Inc | +0.2% | +70.15% | 加碼 |
| 12 | ✓ | Direxion Shs ETF Tr | +0.2% | -40.95% | 減碼 |
| 13 | NOC | Northrop Grumman CORP | +0.2% | +100.00% | 加碼 |
| 14 | DRN | Dir Dly Re Es Bul 3x Etf-usd | +0.2% | +900.00% | 加碼 |
| 15 | EDZ | Dir Dly Msci Emg Mkt Bear 3x | +0.2% | +1097.14% | 加碼 |
| 16 | DRV | Dir Dai Real Est Be 3x Etf-u | +0.2% | +1140.00% | 加碼 |
| 17 | EDC | Dir Da Ms Em Ma Bul 3x Etf-u | +0.2% | +863.64% | 加碼 |
| 18 | QQQ | Invesco Qqq Trust Series 1 | 0% | -16.33% | 減碼 |
| 19 | LLY | Eli Lilly & Co | 0% | -31.58% | 減碼 |
| 20 | UNH | Unitedhealth Group Inc | 0% | -36.00% | 減碼 |
| 21 | HD | Home Depot Inc | -0.1% | -33.33% | 減碼 |
| 22 | GS | Goldman Sachs Group Inc | -0.1% | -40.00% | 減碼 |
| 23 | AVGO | Broadcom Inc | -0.1% | -4.94% | 減碼 |
| 24 | NFLX | Netflix Inc | -0.1% | -45.45% | 減碼 |
| 25 | TMF | Dir Dly 20+yr Tr Bl3x Etf-ui | -0.1% | -37.38% | 減碼 |
| 26 | UNP | Union Pacific CORP | -0.1% | -72.22% | 減碼 |
| 27 | RACE | Ferrari N.V. | -0.1% | -80.00% | 減碼 |
| 28 | LRCX | Lam Research CORP | -0.1% | -60.23% | 減碼 |
| 29 | BLK | Blackrock Inc | -0.1% | -66.67% | 減碼 |
| 30 | ✓ | Direxion Shs ETF Tr | -0.2% | -36.19% | 減碼 |
| 31 | V32S | Direxion Daily Semi Bear 3x | -0.2% | -44.64% | 減碼 |
| 32 | NVDA | Nvidia CORP | -0.2% | -11.51% | 減碼 |
| 33 | DDOG | Datadog Inc - Class A | -0.2% | -86.36% | 減碼 |
| 34 | COIN | Coinbase Global Inc -class A | -0.3% | -55.00% | 減碼 |
| 35 | META | Meta Platforms Inc-class A | -0.3% | -41.67% | 減碼 |
| 36 | GOOGL | Alphabet Inc-cl A | -0.5% | -32.24% | 減碼 |
| 37 | AAPU | Direxion Daily Aapl Bull 2x | -0.6% | -41.08% | 減碼 |
| 38 | AMZN | Amazon.com Inc | -0.6% | -40.80% | 減碼 |
| 39 | NVDU | Direxion Daily Nvda Bull 2x | -0.6% | -6.19% | 減碼 |
| 40 | AAPL | Apple Inc | -0.7% | -30.58% | 減碼 |
| 41 | TSLA | Tesla Inc | -0.7% | -18.85% | 減碼 |
| 42 | TSLL | Dirx Dly Tsla Bul 2x Etf-aui | -0.7% | +49.33% | 加碼 |
| 43 | GGLL | Direxion Daily Googl Bull 2x | -0.8% | -49.04% | 減碼 |
| 44 | MSFU | Direxion Daily Msft Bull 2x | -0.8% | -58.86% | 減碼 |
| 45 | AMZU | Dire Dly Amzn Bul 2x Etf-usd | -0.8% | -56.55% | 減碼 |
| 46 | MSFT | Microsoft CORP | -1.1% | -43.60% | 減碼 |
| 47 | AAPD | Direxion Daily Aapl Bear 1x | -1.3% | -63.57% | 減碼 |
| 48 | MSFD | Dirxn Dly Msft Bear 1x E-usi | -1.6% | -71.77% | 減碼 |
| 49 | AMZD | Direxion Daily Amzn Bear 1x | -1.6% | -72.36% | 減碼 |
| 50 | GGLS | Direxion Daily Googl Bear 1x | -1.7% | -74.21% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，PayPay Securities Corp 在 Q1 2025 季度的美股持倉總市值約為 US$309.8萬，共申報了 273 個公開持股部位。
在 Q1 2025 季度，PayPay Securities Corp 按市值排列的前三大核心持股分別為：SPXL (7.3%)、SOXL (3.5%)、SQQQ (3.4%)。其中最大持股部位 SPXL 佔據整體投資組合約 7.3% 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。
本季最大獲利了結 / 清倉標的
AAPL
前期市值: US$8.2萬
在 Q1 2025 季度中，PayPay Securities Corp 共進行了 50 項持倉異動，包含新建倉 0 個部位、加碼 16 個部位、減碼 34 個部位以及清倉 0 個部位。
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。