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: 0002054677
申報總市值
US$1.6億
US$1.6億
81 檔
29.7%
在 Q4 2025 申報期間，Piar LLC（CIK: 0002054677）向美國 SEC 提交的 Form 13F 報告顯示，其追蹤之股票投資組合總市值達 US$1.6億，共持有 81 個公開申報部位。
在 Q4 2025 期間，Piar LLC 展現了靈活的資產再平衡步調，透過出清 15 檔弱勢或達到目標價部位，將資金轉置於 25 檔新建倉標的之中。
從部位權重觀察，前 5 大標的（包含 NVDA, APP, META）累計市值佔比達 29.7%，是驅動 Piar LLC 該季度整體投資組合績效表現的核心支柱。
本季最大新建倉標的
MU
市值: US$133.7萬
本季最大獲利了結 / 清倉標的
OKLO INC
前期市值: US$155.7萬
| # | 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 | NVDA | Nvidia CORP | 股票-科技 | 9.62% | +0.81% | -11.53% | |
| 2 | APP | Applovin Corp-class A | 股票-科技 | 6.80% | -1.61% | +17.21% | |
| 3 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 6.65% | +1.15% | -5.58% | |
| 4 | NFLX | Netflix Inc | 股票-通訊服務 | 6.04% | -0.29% | +834.79% | |
| 5 | TSLA | Tesla Inc | 股票-循環性消費 | 5.64% | -0.50% | -16.56% | |
| 6 | AMZN | Amazon.com Inc | 股票-循環性消費 | 5.18% | +0.17% | -7.43% | |
| 7 | AAPL | Apple Inc | 股票-科技 | 5.14% | +0.66% | -4.41% | |
| 8 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 3.89% | +0.37% | -8.90% | |
| 9 | SPOT | Spotify Technology S.A. | 股票-通訊服務 | 3.70% | +0.06% | -3.23% | |
| 10 | AVGO | Broadcom Inc | 股票-科技 | 3.59% | -0.20% | +5.70% | |
| 11 | CRWD | Crowdstrike Holdings Inc - A | 股票-科技 | 2.91% | +0.80% | -2.78% | |
| 12 | MSFT | Microsoft CORP | 股票-科技 | 2.41% | +0.44% | -4.03% | |
| 13 | CVNA | Carvana Co | 股票-循環性消費 | 1.99% | -0.05% | -9.15% | |
| 14 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 1.94% | -0.21% | +0.57% | |
| 15 | AXON | Axon Enterprise Inc | 股票-工業 | 1.94% | -0.73% | -8.19% | |
| 16 | HOOD | Robinhood Markets Inc - A | 股票-金融 | 1.93% | +0.11% | +1.45% | |
| 17 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 1.55% | +0.86% | +12.04% | |
| 18 | VST | Vistra CORP | 股票-公用事業 | 1.53% | -0.10% | -7.61% | |
| 19 | NOW | Servicenow Inc | 股票-科技 | 1.49% | +0.05% | +366.44% | |
| 20 | CEG | Constellation Energy | 股票-公用事業 | 1.31% | -0.09% | +1.95% | |
| 21 | FIX | Comfort Systems USA Inc | 股票-工業 | 1.26% | -0.24% | +5.56% | |
| 22 | MA | Mastercard Inc - A | 股票-金融 | 1.16% | +0.08% | -2.56% | |
| 23 | VRT | Vertiv Holdings Co-a | 股票-工業 | 1.02% | -0.64% | -5.03% | |
| 24 | BE | Bloom Energy Corporation | 股票-工業 | 0.96% | -0.20% | +9569.42% | |
| 25 | MU | Micron Technology Inc | 股票-科技 | 0.95% | -0.52% | — | |
| 26 | OKLO | Oklo Inc | 股票-公用事業 | 0.88% | — | — | |
| 27 | ISRG | Intuitive Surgical Inc | 股票-醫療保健 | 0.88% | -0.02% | -0.05% | |
| 28 | AGX | Argan Inc | 股票-工業 | 0.85% | -0.48% | -21.59% | |
| 29 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 0.76% | -0.19% | — | |
| 30 | ✓ | Celestica Inc | 股票-其他 | 0.75% | -0.43% | EXIT | |
| 31 | MU | Micron Technology, Inc. | 股票-科技 | 0.72% | — | +32700.00% | |
| 32 | URI | United Rentals Inc | 股票-工業 | 0.69% | -0.05% | -7.69% | |
| 33 | LRCX | Lam Research CORP | 股票-科技 | 0.64% | -0.17% | — | |
| 34 | SHOP | Shopify Inc - Class A | 股票-科技 | 0.60% | -0.21% | EXIT | |
| 35 | ✓ | Astera Labs Inc | 股票-其他 | 0.54% | -0.82% | +15284.62% | |
| 36 | AMD | Advanced Micro Devices | 股票-科技 | 0.52% | +0.51% | -2.42% | |
| 37 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.50% | +0.09% | -18.38% | |
| 38 | NBIS | Nebius Group N.V. | 股票-其他 | 0.48% | +0.12% | — | |
| 39 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 0.47% | +0.11% | +4.77% | |
| 40 | MSTR | Strategy Inc | 股票-科技 | 0.46% | +0.29% | +126.32% | |
| 41 | CLS | Celestica Inc | 股票-科技 | 0.46% | +0.41% | +10.00% | |
| 42 | IREN | IREN Limited | 股票-其他 | 0.44% | -0.12% | — | |
| 43 | ENPH | Enphase Energy Inc | 股票-科技 | 0.42% | -0.18% | -13.89% | |
| 44 | AMAT | Applied Materials Inc | 股票-科技 | 0.38% | -0.23% | — | |
| 45 | ✓ | Credo Technology Group Holdi | 股票-其他 | 0.37% | -0.82% | EXIT | |
| 46 | KLAC | Kla CORP | 股票-科技 | 0.34% | -0.26% | — | |
| 47 | LEU | Centrus Energy Corp-class A | 股票-能源 | 0.34% | -0.13% | EXIT | |
| 48 | HD | Home Depot Inc | 股票-循環性消費 | 0.32% | -0.03% | — | |
| 49 | SNOW | Snowflake Inc | 股票-科技 | 0.31% | +0.17% | — | |
| 50 | ✓ | Alphabet Inc | 股票-其他 | 0.31% | -0.30% | EXIT |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | APP | Applovin Corp-class A | +0.9% | +17.21% | 加碼 |
| 2 | MU | Micron Technology, Inc. | +0.6% | +32700.00% | 加碼 |
| 3 | GOOG | Alphabet Inc-cl C | +0.5% | +12.04% | 加碼 |
| 4 | GOOGL | Alphabet Inc-cl A | +0.5% | +0.57% | 加碼 |
| 5 | AVGO | Broadcom Inc | +0.5% | +5.70% | 加碼 |
| 6 | AAPL | Apple Inc | +0.4% | -4.41% | 減碼 |
| 7 | FIX | Comfort Systems USA Inc | +0.3% | +5.56% | 加碼 |
| 8 | ISRG | Intuitive Surgical Inc | +0.2% | -0.05% | 減碼 |
| 9 | CEG | Constellation Energy | +0.2% | +1.95% | 加碼 |
| 10 | LRCX | Lam Research CORP | +0.2% | — | 不變 |
| 11 | AMD | Advanced Micro Devices | +0.1% | -2.42% | 減碼 |
| 12 | CLS | Celestica Inc | +0.1% | +10.00% | 加碼 |
| 13 | CVNA | Carvana Co | +0.1% | -9.15% | 減碼 |
| 14 | AMZN | Amazon.com Inc | +0.1% | -7.43% | 減碼 |
| 15 | ✓ | Astera Labs Inc | +0.1% | +15284.62% | 加碼 |
| 16 | AMAT | Applied Materials Inc | +0.1% | — | 不變 |
| 17 | LLY | Eli Lilly & Co | +0.1% | -18.38% | 減碼 |
| 18 | TSM | Taiwan Semiconductor-sp Adr | +0.1% | +4.77% | 加碼 |
| 19 | MPWR | Monolithic Power Systems Inc | +0.1% | +33.33% | 加碼 |
| 20 | VRT | Vertiv Holdings Co-a | +0.1% | -5.03% | 減碼 |
| 21 | KLAC | Kla CORP | +0.1% | — | 不變 |
| 22 | MSTR | Strategy Inc | +0.1% | +126.32% | 加碼 |
| 23 | MA | Mastercard Inc - A | 0% | -2.56% | 減碼 |
| 24 | MEDP | Medpace Holdings Inc | 0% | — | 不變 |
| 25 | HCA | Hca Healthcare Inc | 0% | — | 不變 |
| 26 | LEU | Centrus Energy Corp-class A | 0% | +33.33% | 加碼 |
| 27 | BKNG | Booking Holdings Inc | 0% | — | 不變 |
| 28 | ULTA | Ulta Beauty Inc | 0% | — | 不變 |
| 29 | QBTS | D-wave Quantum Inc | 0% | -4.25% | 減碼 |
| 30 | STRL | Sterling Infrastructure Inc | 0% | +10.00% | 加碼 |
| 31 | SNOW | Snowflake Inc | — | — | 不變 |
| 32 | SHOP | Shopify Inc - Class A | 0% | -16.04% | 減碼 |
| 33 | CRWV | CoreWeave, Inc. | 0% | +21451.72% | 加碼 |
| 34 | AGX | Argan Inc | 0% | -21.59% | 減碼 |
| 35 | HD | Home Depot Inc | 0% | — | 不變 |
| 36 | LCID | Lucid Group Inc | -0.1% | +49.36% | 加碼 |
| 37 | CRWD | Crowdstrike Holdings Inc - A | -0.1% | -2.78% | 減碼 |
| 38 | ANET | Arista Networks Inc | -0.1% | -19.61% | 減碼 |
| 39 | ENPH | Enphase Energy Inc | -0.1% | -13.89% | 減碼 |
| 40 | UPST | Upstart Holdings Inc | -0.1% | -36.04% | 減碼 |
| 41 | MSFT | Microsoft CORP | -0.2% | -4.03% | 減碼 |
| 42 | URI | United Rentals Inc | -0.2% | -7.69% | 減碼 |
| 43 | IONQ | Ionq Inc | -0.2% | -26.05% | 減碼 |
| 44 | BE | Bloom Energy Corporation | -0.2% | +9569.42% | 加碼 |
| 45 | PLTR | Palantir Technologies Inc-a | -0.3% | -8.90% | 減碼 |
| 46 | NOW | Servicenow Inc | -0.3% | +366.44% | 加碼 |
| 47 | HOOD | Robinhood Markets Inc - A | -0.4% | +1.45% | 加碼 |
| 48 | VST | Vistra CORP | -0.4% | -7.61% | 減碼 |
| 49 | AXON | Axon Enterprise Inc | -0.6% | -8.19% | 減碼 |
| 50 | SPOT | Spotify Technology S.A. | -0.7% | -3.23% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Piar LLC 在 Q4 2025 季度的美股持倉總市值約為 US$1.6億，共申報了 81 個公開持股部位。
在 Q4 2025 季度，Piar LLC 按市值排列的前三大核心持股分別為：NVDA (9.6%)、APP (6.8%)、META (6.7%)。其中最大持股部位 NVDA 佔據整體投資組合約 9.6% 的權重。
在 Q4 2025 季度中，Piar LLC 共進行了 87 項持倉異動，包含新建倉 25 個部位、加碼 22 個部位、減碼 25 個部位以及清倉 15 個部位。 其中最大新建倉標的為 MU。 本季清倉部位包含 OKLO INC。
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。
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。
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。