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: 0001697366
申報總市值
US$4.2億
US$4.2億
117 檔
28.2%
截至 Q4 2025 季度末，Pier 88 Investment Partners LLC 的美股持倉估值約為 US$4.2億，全數申報部位共有 117 檔。
Pier 88 Investment Partners LLC 在 Q4 2025 進行了結構性的板塊輪動與部位換股。在開立 12 個全新部位及加碼 38 檔持股的同時，亦同步清倉 8 檔並減碼 56 檔標的。
檢視投資組合結構，前 5 大主力部位（包含 GPN 1.5 03-01-31, ETSY 0.25 06-15-28, VTR 3.75 06-01-26）占據了總市值的 28.2%，展現出該機構在 Q4 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 | GPN 1.5 03-01-31債券 | Global Payments Inc | 債券 | 5.69% | -0.17% | +4.34% | |
| 2 | ETSY 0.25 06-15-28債券 | Etsy Inc | 債券 | 5.65% | -0.16% | — | |
| 3 | VTR 3.75 06-01-26債券 | Ventas Realty LP | 債券 | 5.37% | -3.32% | EXIT | |
| 4 | NEE 7.234 11-01-27債券 | Nextera Energy Inc | 債券 | 4.98% | -0.58% | +78.38% | |
| 5 | PPL 2.875 03-15-28債券 | Ppl Capital Funding Inc | 債券 | 4.86% | -0.46% | +5.09% | |
| 6 | OKTA 0.375 06-15-26債券 | Okta Inc | 債券 | 4.62% | -4.11% | EXIT | |
| 7 | MTH 1.75 05-15-28債券 | Meritage Homes CORP | 債券 | 4.07% | +0.10% | +2.89% | |
| 8 | BAC 7.25 PERP L債券 | Bank Of America CORP | 債券 | 3.92% | +0.80% | -34.48% | |
| 9 | HPE 7.625 09-01-27債券 | Hp Enterprise Co | 債券 | 3.87% | -1.38% | -2.77% | |
| 10 | FOUR 0.5 08-01-27債券 | Shift4 Payments Inc | 債券 | 3.81% | +0.43% | -7.61% | |
| 11 | WFC 7.5 PERP L債券 | Wells Fargo & Company | 債券 | 3.79% | +0.58% | -35.51% | |
| 12 | KKR 6.25 03-01-28 D債券 | Kkr & Co Inc | 債券 | 3.76% | -0.13% | -3.34% | |
| 13 | ARES 6.75 10-01-27 B債券 | Ares Management CORP | 債券 | 3.71% | +0.30% | +54.42% | |
| 14 | AWK 3.625 06-15-26債券 | American Water Capital C | 債券 | 3.33% | -1.71% | EXIT | |
| 15 | UBER 0.875 12-01-28 2028債券 | Uber Technologies Inc | 債券 | 3.33% | +0.89% | -9.83% | |
| 16 | EEFT 0.75 03-15-49債券 | Euronet Worldwide Inc | 債券 | 3.03% | -0.14% | — | |
| 17 | APO 6.75 07-31-26債券 | Apollo Global Management | 債券 | 2.90% | — | -25.88% | |
| 18 | ON 0.5 03-01-29債券 | On Semiconductor CORP | 債券 | 2.10% | -1.64% | — | |
| 19 | LNT 3.875 03-15-26債券 | Alliant Energy CORP | 債券 | 1.68% | -2.63% | EXIT | |
| 20 | F 0 03-15-26債券 | Ford Motor Company | 債券 | 1.30% | — | -76.00% | |
| 21 | MCHP 7.5 03-15-28債券 | Microchip Technology Inc | 債券 | 1.19% | -0.96% | EXIT | |
| 22 | DKNG 0 03-15-28債券 | Draftkings Holdings Inc | 債券 | 1.18% | -0.01% | — | |
| 23 | MOG-A | Moog Inc-class A | 股票-其他 | 1.15% | +1.01% | -14.82% | |
| 24 | ATI | Ati Inc | 股票-工業 | 1.05% | +0.19% | +484.29% | |
| 25 | ITT | Itt Inc | 股票-工業 | 1.01% | -0.23% | +0.93% | |
| 26 | CCL1EUR | Carnival CORP LTD | 股票-循環性消費 | 0.95% | — | +33.91% | |
| 27 | WELL | Welltower Inc | 股票-房地產 | 0.87% | +1.21% | — | |
| 28 | TDG | Transdigm Group Inc | 股票-工業 | 0.71% | — | — | |
| 29 | MDT | Medtronic plc | 股票-醫療保健 | 0.65% | -0.72% | EXIT | |
| 30 | CFG | Citizens Financial Group | 股票-金融 | 0.61% | +0.06% | — | |
| 31 | HALO 0.25 03-01-27債券 | Halozyme Therapeutics In | 債券 | 0.60% | +0.58% | +3436.62% | |
| 32 | DDOG 0 12-01-29債券 | Datadog Inc | 債券 | 0.52% | +0.77% | — | |
| 33 | PRO 2.25 09-15-27債券 | Pros Holdings Inc | 債券 | 0.49% | — | — | |
| 34 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 0.45% | +0.08% | NEW | |
| 35 | LSCC | Lattice Semiconductor CORP | 股票-科技 | 0.42% | -0.13% | -6.87% | |
| 36 | COHR | Coherent CORP | 股票-科技 | 0.38% | -0.15% | +12.89% | |
| 37 | RKLB | Rocket Lab CORP | 股票-工業 | 0.37% | -0.15% | -0.75% | |
| 38 | NTRA | Natera Inc | 股票-醫療保健 | 0.37% | -0.23% | -1.05% | |
| 39 | LGND | Ligand Pharmaceuticals | 股票-醫療保健 | 0.36% | -0.20% | +18.33% | |
| 40 | NTNX 0.5 12-15-29債券 | Nutanix Inc | 債券 | 0.36% | +0.57% | — | |
| 41 | ON | On Semiconductor | 股票-科技 | 0.30% | -0.23% | -4.52% | |
| 42 | HALO | Halozyme Therapeutics Inc | 股票-醫療保健 | 0.29% | -0.15% | -3.89% | |
| 43 | SLAB | Silicon Laboratories Inc | 股票-科技 | 0.28% | — | -5.15% | |
| 44 | MPWR | Monolithic Power Systems Inc | 股票-科技 | 0.27% | -0.30% | -76.64% | |
| 45 | SYNA | Synaptics Inc | 股票-其他 | 0.26% | -0.11% | -6.03% | |
| 46 | OKTA | Okta Inc | 股票-科技 | 0.26% | -0.05% | +34.20% | |
| 47 | DNLI | Denali Therapeutics Inc | 股票-其他 | 0.25% | -0.23% | +1.13% | |
| 48 | NET | Cloudflare Inc - Class A | 股票-科技 | 0.25% | +0.06% | +2.70% | |
| 49 | NOW | Servicenow Inc | 股票-科技 | 0.25% | -0.10% | EXIT | |
| 50 | NBIX | Neurocrine Biosciences Inc | 股票-醫療保健 | 0.24% | -0.13% | +15.42% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | NEE 7.234 11-01-27債券 | Nextera Energy Inc | +2.7% | +78.38% | 加碼 |
| 2 | ARES 6.75 10-01-27 B債券 | Ares Management CORP | +1.7% | +54.42% | 加碼 |
| 3 | VTR 3.75 06-01-26債券 | Ventas Realty LP | +1.3% | — | 不變 |
| 4 | GPN 1.5 03-01-31債券 | Global Payments Inc | +1% | +4.34% | 加碼 |
| 5 | ETSY 0.25 06-15-28債券 | Etsy Inc | +1% | — | 不變 |
| 6 | ATI | Ati Inc | +0.9% | +484.29% | 加碼 |
| 7 | PPL 2.875 03-15-28債券 | Ppl Capital Funding Inc | +0.8% | +5.09% | 加碼 |
| 8 | OKTA 0.375 06-15-26債券 | Okta Inc | +0.8% | — | 不變 |
| 9 | MTH 1.75 05-15-28債券 | Meritage Homes CORP | +0.6% | +2.89% | 加碼 |
| 10 | HALO 0.25 03-01-27債券 | Halozyme Therapeutics In | +0.6% | +3436.62% | 加碼 |
| 11 | HPE 7.625 09-01-27債券 | Hp Enterprise Co | +0.5% | -2.77% | 減碼 |
| 12 | KKR 6.25 03-01-28 D債券 | Kkr & Co Inc | +0.5% | -3.34% | 減碼 |
| 13 | EEFT 0.75 03-15-49債券 | Euronet Worldwide Inc | +0.5% | — | 不變 |
| 14 | MCHP 7.5 03-15-28債券 | Microchip Technology Inc | +0.4% | +30.27% | 加碼 |
| 15 | CCL1EUR | Carnival CORP LTD | +0.4% | +33.91% | 加碼 |
| 16 | ON 0.5 03-01-29債券 | On Semiconductor CORP | +0.4% | — | 不變 |
| 17 | FOUR 0.5 08-01-27債券 | Shift4 Payments Inc | +0.3% | -7.61% | 減碼 |
| 18 | COHR | Coherent CORP | +0.2% | +12.89% | 加碼 |
| 19 | DKNG 0 03-15-28債券 | Draftkings Holdings Inc | +0.2% | — | 不變 |
| 20 | MOG-A | Moog Inc-class A | +0.2% | -14.82% | 減碼 |
| 21 | RKLB | Rocket Lab CORP | +0.2% | -0.75% | 減碼 |
| 22 | NTRA | Natera Inc | +0.2% | -1.05% | 減碼 |
| 23 | ITT | Itt Inc | +0.2% | +0.93% | 加碼 |
| 24 | LGND | Ligand Pharmaceuticals | +0.1% | +18.33% | 加碼 |
| 25 | KRYS | Krystal Biotech Inc | +0.1% | +3.93% | 加碼 |
| 26 | ATRO | Astronics CORP | +0.1% | +20.10% | 加碼 |
| 27 | OKTA | Okta Inc | +0.1% | +34.20% | 加碼 |
| 28 | PRO 2.25 09-15-27債券 | Pros Holdings Inc | +0.1% | — | 不變 |
| 29 | AWK 3.625 06-15-26債券 | American Water Capital C | +0.1% | -13.61% | 減碼 |
| 30 | RDVT | Red Violet Inc | +0.1% | +41.70% | 加碼 |
| 31 | NBIX | Neurocrine Biosciences Inc | +0.1% | +15.42% | 加碼 |
| 32 | DNLI | Denali Therapeutics Inc | +0.1% | +1.13% | 加碼 |
| 33 | ON | On Semiconductor | +0.1% | -4.52% | 減碼 |
| 34 | PRGS | Progress Software CORP | +0.1% | +23.56% | 加碼 |
| 35 | IESC | Ies Holdings Inc | +0.1% | +16.67% | 加碼 |
| 36 | FRSH | Freshworks Inc-cl A | +0.1% | -1.66% | 減碼 |
| 37 | LSCC | Lattice Semiconductor CORP | 0% | -6.87% | 減碼 |
| 38 | TOST | Toast Inc-class A | 0% | +23.44% | 加碼 |
| 39 | DDOG | Datadog Inc - Class A | 0% | +8.38% | 加碼 |
| 40 | SYNA | Synaptics Inc | 0% | -6.03% | 減碼 |
| 41 | RCKT | Rocket Pharmaceuticals Inc | 0% | +320.74% | 加碼 |
| 42 | SMCO | Hilton Small-midcap Opp ETF | 0% | +33.59% | 加碼 |
| 43 | DOV | Dover CORP | 0% | -1.44% | 減碼 |
| 44 | ZS | Zscaler Inc | 0% | +60.00% | 加碼 |
| 45 | SLAB | Silicon Laboratories Inc | 0% | -5.15% | 減碼 |
| 46 | IWO | Ishares Russell 2000 Growth | 0% | +16.67% | 加碼 |
| 47 | NET | Cloudflare Inc - Class A | 0% | +2.70% | 加碼 |
| 48 | IWM | Ishares Russell 2000 ETF | 0% | +10.53% | 加碼 |
| 49 | EVEX | Eve Holding Inc | 0% | +7.00% | 加碼 |
| 50 | DCI | Donaldson Co Inc | 0% | — | 不變 |
根據 SEC 官方 Form 13F 申報備案，Pier 88 Investment Partners LLC 在 Q4 2025 季度的美股持倉總市值約為 US$4.2億，共申報了 117 個公開持股部位。
在 Q4 2025 季度，Pier 88 Investment Partners LLC 按市值排列的前三大核心持股分別為：GPN 1.5 03-01-31 (5.7%)、ETSY 0.25 06-15-28 (5.7%)、VTR 3.75 06-01-26 (5.4%)。其中最大持股部位 GPN 1.5 03-01-31 佔據整體投資組合約 5.7% 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
WELL
市值: US$389.8萬
本季最大獲利了結 / 清倉標的
DXCM 0.25 11-15-25
前期市值: US$1542.6萬
在 Q4 2025 季度中，Pier 88 Investment Partners LLC 共進行了 114 項持倉異動，包含新建倉 12 個部位、加碼 38 個部位、減碼 56 個部位以及清倉 8 個部位。 其中最大新建倉標的為 WELL。 本季清倉部位包含 DXCM 0.25 11-15-25。
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。