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: 0000855702
申報總市值
US$1948.7萬
US$1948.7萬
67 檔
109.8%
Q2 2025 季度申報顯示，Penn Mutual Asset Management 揭露的美股組合總市值為 US$1948.7萬，涵蓋 67 個不同之權益投資部位。
觀察 Q2 2025 的申報異動，Penn Mutual Asset Management 採取了強勁的買進策略，建倉與加碼動作（合計 31 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 WFC 7.5 PERP L, RBRK, NLY）占據了總市值的 109.8%，展現出該機構在 Q2 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 | WFC 7.5 PERP L債券 | Wells Fargo & Company | 債券 | 12.45% | +0.12% | — | |
| 2 | RBRK | Rubrik Inc-a | 股票-科技 | 8.35% | -3.11% | +23.98% | |
| 3 | NLY | Annaly Capital Management In | 股票-房地產 | 5.91% | +1.14% | — | |
| 4 | AGNC | Agnc Investment CORP | 股票-房地產 | 5.85% | +1.64% | — | |
| 5 | PFF | Ishares Preferred & Income S | ETF-其他 | 5.28% | — | — | |
| 6 | ARR | Armour Residential Reit Inc | 股票-其他 | 5.17% | +0.72% | — | |
| 7 | CRNC 1.5 07-01-28債券 | Cerence Inc | 債券 | 3.48% | — | +1.98% | |
| 8 | OMCL 0.25 09-15-25債券 | Omnicell Inc | 債券 | 2.61% | — | — | |
| 9 | CSV | Carriage Services Inc | 股票-其他 | 2.30% | — | +15.75% | |
| 10 | PCRX 2.125 05-15-29債券 | Pacira Biosciences Inc | 債券 | 1.73% | — | — | |
| 11 | OPRA | Opera Ltd-adr | 股票-其他 | 1.68% | — | +31.23% | |
| 12 | NC | Nacco Industries-cl A | 股票-其他 | 1.57% | — | +25.80% | |
| 13 | ARCO | Arcos Dorados Holdings Inc. | 股票-其他 | 1.48% | — | +60.61% | |
| 14 | IMMR | Immersion Corporation | 股票-其他 | 1.45% | — | +6.12% | |
| 15 | PZZA | Papa John's Intl Inc | 股票-其他 | 1.44% | — | +6.37% | |
| 16 | HII | Huntington Ingalls Industrie | 股票-工業 | 1.38% | — | +7.50% | |
| 17 | PKE | Park Aerospace CORP | 股票-其他 | 1.36% | — | — | |
| 18 | MPLX | Mplx LP | 股票-能源 | 1.27% | — | — | |
| 19 | ALCO | Alico Inc | 股票-其他 | 1.21% | — | — | |
| 20 | CWT | California Water Service Grp | 股票-公用事業 | 1.20% | — | +20.08% | |
| 21 | YORW | York Water Co | 股票-其他 | 1.17% | — | +13.51% | |
| 22 | NOMD | Nomad Foods Limited | 股票-其他 | 1.10% | — | +192.00% | |
| 23 | PHAT | Phathom Pharmaceuticals Inc | 股票-其他 | 1.06% | -0.07% | — | |
| 24 | RYN | Rayonier Inc | 股票-房地產 | 1.06% | — | +200.00% | |
| 25 | TTAN | Servicetitan Inc-a | 股票-科技 | 1.05% | -0.15% | — | |
| 26 | B | Barrick Mining CORP | 股票-原物料 | 0.99% | — | — | |
| 27 | AEM | Agnico Eagle Mines LTD | 股票-原物料 | 0.99% | — | -33.80% | |
| 28 | CURI | Curiositystream Inc | 股票-其他 | 0.98% | — | -60.05% | |
| 29 | AAON | Aaon Inc | 股票-工業 | 0.85% | — | +30.00% | |
| 30 | OXY | Occidental Petroleum CORP | 股票-能源 | 0.84% | — | — | |
| 31 | EMLC | Vaneck JPM Em Local Curr Bnd | ETF-其他 | 0.81% | +0.04% | — | |
| 32 | MATW | Matthews Intl Corp-class A | 股票-其他 | 0.80% | — | — | |
| 33 | IDCC | Interdigital Inc | 股票-科技 | 0.79% | — | — | |
| 34 | DK | Delek US Holdings Inc | 股票-其他 | 0.77% | — | -25.45% | |
| 35 | NRC | Nrc Health | 股票-其他 | 0.75% | — | +24.65% | |
| 36 | ADEA | Adeia Inc | 股票-其他 | 0.75% | — | — | |
| 37 | CBRL | Cracker Barrel Old Country | 股票-其他 | 0.74% | — | -50.71% | |
| 38 | BRZE | Braze Inc-a | 股票-其他 | 0.73% | — | — | |
| 39 | TOST | Toast Inc-class A | 股票-科技 | 0.73% | — | — | |
| 40 | SNN | Smith & Nephew PLC -spon Adr | 股票-其他 | 0.72% | — | — | |
| 41 | OGN | Organon & Co | 股票-醫療保健 | 0.72% | — | — | |
| 42 | GSL | Global Ship Lease, Inc. | 股票-其他 | 0.70% | — | — | |
| 43 | COFS | Choiceone Financial Svcs Inc | 股票-其他 | 0.68% | — | +58.82% | |
| 44 | GEN | Gen Digital Inc | 股票-科技 | 0.68% | — | — | |
| 45 | JBSS | John B. Sanfilippo & Son Inc | 股票-其他 | 0.67% | — | — | |
| 46 | NX | Quanex Building Products | 股票-其他 | 0.67% | — | — | |
| 47 | MNRO | Monro Inc | 股票-其他 | 0.66% | — | — | |
| 48 | DVN | Devon Energy CORP | 股票-能源 | 0.65% | — | — | |
| 49 | ✓ | Calavo Growers Inc | 股票-其他 | 0.65% | — | — | |
| 50 | AES | Aes CORP | 股票-公用事業 | 0.64% | — | -45.67% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | RBRK | Rubrik Inc-a | +3.4% | +23.98% | 加碼 |
| 2 | PCRX 2.125 05-15-29債券 | Pacira Biosciences Inc | +1.7% | NEW | 新建倉 |
| 3 | TTAN | Servicetitan Inc-a | +1.1% | NEW | 新建倉 |
| 4 | B | Barrick Mining CORP | +1% | NEW | 新建倉 |
| 5 | ADEA | Adeia Inc | +0.8% | NEW | 新建倉 |
| 6 | BRZE | Braze Inc-a | +0.7% | NEW | 新建倉 |
| 7 | TOST | Toast Inc-class A | +0.7% | NEW | 新建倉 |
| 8 | OGN | Organon & Co | +0.7% | NEW | 新建倉 |
| 9 | GSL | Global Ship Lease, Inc. | +0.7% | NEW | 新建倉 |
| 10 | GEN | Gen Digital Inc | +0.7% | NEW | 新建倉 |
| 11 | JBSS | John B. Sanfilippo & Son Inc | +0.7% | NEW | 新建倉 |
| 12 | NX | Quanex Building Products | +0.7% | NEW | 新建倉 |
| 13 | MNRO | Monro Inc | +0.7% | NEW | 新建倉 |
| 14 | ✓ | Calavo Growers Inc | +0.7% | NEW | 新建倉 |
| 15 | NOMD | Nomad Foods Limited | +0.6% | +192.00% | 加碼 |
| 16 | RYN | Rayonier Inc | +0.6% | +200.00% | 加碼 |
| 17 | MCHP | Microchip Technology Inc | +0.6% | NEW | 新建倉 |
| 18 | NC | Nacco Industries-cl A | +0.5% | +25.80% | 加碼 |
| 19 | TRS | Trimas CORP | +0.5% | NEW | 新建倉 |
| 20 | OPRA | Opera Ltd-adr | +0.5% | +31.23% | 加碼 |
| 21 | CSV | Carriage Services Inc | +0.5% | +15.75% | 加碼 |
| 22 | ARCO | Arcos Dorados Holdings Inc. | +0.5% | +60.61% | 加碼 |
| 23 | LYTS | Lsi Industries Inc | +0.5% | NEW | 新建倉 |
| 24 | OSPN | Onespan Inc | +0.4% | NEW | 新建倉 |
| 25 | FF | Futurefuel CORP | +0.4% | NEW | 新建倉 |
| 26 | BTI | British American Tob-sp Adr | +0.4% | NEW | 新建倉 |
| 27 | COLB | Columbia Banking System Inc | +0.4% | NEW | 新建倉 |
| 28 | PHAT | Phathom Pharmaceuticals Inc | +0.3% | — | 不變 |
| 29 | NRC | Nrc Health | +0.3% | +24.65% | 加碼 |
| 30 | HII | Huntington Ingalls Industrie | +0.2% | +7.50% | 加碼 |
| 31 | PZZA | Papa John's Intl Inc | +0.2% | +6.37% | 加碼 |
| 32 | CRNC 1.5 07-01-28債券 | Cerence Inc | +0.1% | +1.98% | 加碼 |
| 33 | SIRI | Sirius Xm Holdings Inc | -0.4% | EXIT | 清倉 |
| 34 | RELL | Richardson Elec LTD | -0.4% | EXIT | 清倉 |
| 35 | AEM | Agnico Eagle Mines LTD | -0.5% | -33.80% | 減碼 |
| 36 | EL | Estee Lauder Companies-cl A | -0.6% | EXIT | 清倉 |
| 37 | OFLX | Omega Flex Inc | -0.6% | EXIT | 清倉 |
| 38 | MU | Micron Technology Inc | -0.7% | EXIT | 清倉 |
| 39 | TSN | Tyson Foods Inc-cl A | -0.7% | EXIT | 清倉 |
| 40 | BABA | Alibaba Group Holding-sp Adr | -0.7% | EXIT | 清倉 |
| 41 | TAP | Molson Coors Beverage Co - B | -0.8% | EXIT | 清倉 |
| 42 | BF-B | Brown-forman Corp-class B | -0.8% | EXIT | 清倉 |
| 43 | AES | Aes CORP | -0.9% | -45.67% | 減碼 |
| 44 | UGI | Ugi CORP | -0.9% | EXIT | 清倉 |
| 45 | AGX | Argan Inc | -1% | -75.49% | 減碼 |
| 46 | ABX | Barrick Gold CORP | -1% | EXIT | 清倉 |
| 47 | NLY | Annaly Capital Management In | -1% | — | 不變 |
| 48 | BMY | Bristol-myers Squibb Co | -1.1% | EXIT | 清倉 |
| 49 | MGPI 1.875 11-15-41債券 | Mgp Ingredients Inc | -1.8% | EXIT | 清倉 |
| 50 | CBRL 0.625 06-15-26債券 | Cracker Barrel Old Count | -2.3% | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Penn Mutual Asset Management 在 Q2 2025 季度的美股持倉總市值約為 US$1948.7萬，共申報了 67 個公開持股部位。
在 Q2 2025 季度，Penn Mutual Asset Management 按市值排列的前三大核心持股分別為：WFC 7.5 PERP L (12.4%)、RBRK (8.3%)、NLY (5.9%)。其中最大持股部位 WFC 7.5 PERP L 佔據整體投資組合約 12.4% 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
PCRX 2.125 05-15-29
市值: US$97.9萬
本季最大獲利了結 / 清倉標的
CBRL 0.625 06-15-26
前期市值: US$121.2萬
在 Q2 2025 季度中，Penn Mutual Asset Management 共進行了 48 項持倉異動，包含新建倉 20 個部位、加碼 11 個部位、減碼 3 個部位以及清倉 14 個部位。 其中最大新建倉標的為 PCRX 2.125 05-15-29。 本季清倉部位包含 CBRL 0.625 06-15-26。
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。