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: 0001256071
申報總市值
US$4.1億
US$4.1億
115 檔
106.3%
Q2 2025 季度申報顯示，Platinum Investment Management LTD 揭露的美股組合總市值為 US$4.1億，涵蓋 115 個不同之權益投資部位。
在 Q2 2025，Platinum Investment Management LTD 展現出較為審慎的避險與獲利了結姿態。本季共減碼 47 個部位並完全清倉 16 檔持股，調降曝險的部位數量高於加碼動作。
檢視投資組合結構，前 5 大主力部位（包含 GOOGL, UBS, AVGO）占據了總市值的 106.3%，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 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 7.23% | -0.87% | EXIT | |
| 2 | UBS | UBS Group AG | 股票-金融 | 6.23% | +0.30% | -35.93% | |
| 3 | AVGO | Broadcom Inc | 股票-科技 | 5.19% | +0.39% | -46.08% | |
| 4 | RCI | Rogers Communications Inc-b | 股票-其他 | 5.17% | -0.24% | — | |
| 5 | CCJ | Cameco CORP | 股票-能源 | 4.95% | -0.10% | -49.29% | |
| 6 | LRCX | Lam Research CORP | 股票-科技 | 4.75% | +2.45% | -35.93% | |
| 7 | ADBE | Adobe Inc | 股票-科技 | 4.65% | -0.20% | +6425.50% | |
| 8 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 4.61% | +0.08% | -15.40% | |
| 9 | MU | Micron Technology Inc | 股票-科技 | 4.59% | +3.04% | -40.18% | |
| 10 | ABBV | Abbvie Inc | 股票-醫療保健 | 4.51% | +0.21% | -12.65% | |
| 11 | JNJ | Johnson & Johnson | 股票-醫療保健 | 4.46% | +0.03% | +1122.83% | |
| 12 | YUM | Yum! Brands Inc | 股票-循環性消費 | 4.28% | +0.01% | — | |
| 13 | ICE | Intercontinental Exchange In | 股票-金融 | 4.24% | -0.23% | -25.06% | |
| 14 | TRU | Transunion | 股票-金融 | 4.18% | +0.01% | -58.29% | |
| 15 | IQV | Iqvia Holdings Inc | 股票-醫療保健 | 4.10% | +0.12% | — | |
| 16 | VAL | Valaris Limited | 股票-能源 | 3.22% | -0.32% | -48.96% | |
| 17 | ZTO | Zto Express Cayman Inc-adr | 股票-其他 | 2.99% | -1.68% | -75.28% | |
| 18 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 2.22% | +0.36% | -48.17% | |
| 19 | TCOM | Trip.com Group Ltd-adr | 股票-循環性消費 | 2.06% | -1.32% | -22.19% | |
| 20 | NOAH | Noah Holdings Ltd-spon Ads | 股票-其他 | 1.11% | -0.04% | -24.68% | |
| 21 | DDL | Dingdong Cayman LTD -spn Adr | 股票-其他 | 0.90% | -1.12% | -17.82% | |
| 22 | FLUT | Flutter Entertainment plc | 股票-循環性消費 | 0.76% | — | +5.26% | |
| 23 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.75% | +0.18% | +4.99% | |
| 24 | AMZN | Amazon.com Inc | 股票-循環性消費 | 0.72% | — | -10.11% | |
| 25 | UBER | Uber Technologies Inc | 股票-工業 | 0.64% | — | +7.65% | |
| 26 | PDD | Pdd Holdings Inc | 股票-循環性消費 | 0.62% | -0.55% | -19.72% | |
| 27 | V | Visa Inc-class A Shares | 股票-金融 | 0.60% | +0.04% | -4.20% | |
| 28 | AS | Amer Sports, Inc. | 股票-循環性消費 | 0.49% | -0.08% | -5.00% | |
| 29 | ZTS | Zoetis Inc | 股票-醫療保健 | 0.41% | -1.07% | — | |
| 30 | HTHT | H World Group Ltd-adr | 股票-其他 | 0.41% | -0.29% | -26.24% | |
| 31 | BIRK | Birkenstock Holding plc | 股票-其他 | 0.39% | -0.26% | — | |
| 32 | XYZ | Block Inc | 股票-金融 | 0.36% | +0.23% | NEW | |
| 33 | ROIV | Roivant Sciences Ltd. | 股票-醫療保健 | 0.36% | +0.15% | -2.92% | |
| 34 | CSGP | Costar Group Inc | 股票-房地產 | 0.35% | -0.51% | — | |
| 35 | ELF | Elf Beauty Inc | 股票-非循環性消費 | 0.33% | -0.29% | — | |
| 36 | MSFT | Microsoft CORP | 股票-科技 | 0.31% | -0.39% | EXIT | |
| 37 | NVDA | Nvidia CORP | 股票-科技 | 0.31% | +0.15% | +20.10% | |
| 38 | NFLX | Netflix Inc | 股票-通訊服務 | 0.28% | -0.68% | -12.88% | |
| 39 | 260 | Centessa Pharmaceuticals-adr | 股票-其他 | 0.25% | -1.38% | EXIT | |
| 40 | VERA | Vera Therapeutics Inc | 股票-其他 | 0.25% | +0.05% | +14.67% | |
| 41 | APGE | Apogee Therapeutics Inc | 股票-其他 | 0.25% | +0.66% | -9.55% | |
| 42 | ✓ | Adc Therapeutics SA | 股票-其他 | 0.25% | -0.79% | -31.93% | |
| 43 | VEEV | Veeva Systems Inc-class A | 股票-醫療保健 | 0.24% | -0.49% | EXIT | |
| 44 | IDYA | Ideaya Biosciences Inc | 股票-其他 | 0.23% | +0.50% | +9.30% | |
| 45 | BBIO | Bridgebio Pharma Inc | 股票-醫療保健 | 0.22% | -0.19% | +7.62% | |
| 46 | IMVT | Immunovant Inc | 股票-其他 | 0.21% | +0.23% | +24.68% | |
| 47 | JD | Jd.com Inc-adr | 股票-循環性消費 | 0.20% | -0.03% | -78.42% | |
| 48 | ZYME | Zymeworks Inc | 股票-其他 | 0.20% | +0.02% | -14.45% | |
| 49 | ✓ | Proqr Therapeutics N.v. | 股票-其他 | 0.20% | +0.03% | -5.67% | |
| 50 | CDNS | Cadence Design Sys Inc | 股票-科技 | 0.17% | — | +30.93% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | RCI | Rogers Communications Inc-b | +5.2% | NEW | 新建倉 |
| 2 | ADBE | Adobe Inc | +4.6% | +6425.50% | 加碼 |
| 3 | YUM | Yum! Brands Inc | +4.3% | NEW | 新建倉 |
| 4 | JNJ | Johnson & Johnson | +4.1% | +1122.83% | 加碼 |
| 5 | IQV | Iqvia Holdings Inc | +4.1% | NEW | 新建倉 |
| 6 | GOOGL | Alphabet Inc-cl A | +0.6% | -16.71% | 減碼 |
| 7 | FLUT | Flutter Entertainment plc | +0.3% | +5.26% | 加碼 |
| 8 | META | Meta Platforms Inc-class A | +0.3% | +4.99% | 加碼 |
| 9 | CCJ | Cameco CORP | +0.2% | -49.29% | 減碼 |
| 10 | UBER | Uber Technologies Inc | +0.2% | +7.65% | 加碼 |
| 11 | ELF | Elf Beauty Inc | +0.2% | — | 不變 |
| 12 | AS | Amer Sports, Inc. | +0.2% | -5.00% | 減碼 |
| 13 | NVDA | Nvidia CORP | +0.2% | +20.10% | 加碼 |
| 14 | WING | Wingstop Inc | +0.1% | NEW | 新建倉 |
| 15 | IDXX | Idexx Laboratories Inc | +0.1% | NEW | 新建倉 |
| 16 | AMZN | Amazon.com Inc | +0.1% | -10.11% | 減碼 |
| 17 | BNTX | Biontech Se-adr | +0.1% | NEW | 新建倉 |
| 18 | MSFT | Microsoft CORP | +0.1% | — | 不變 |
| 19 | AVGO | Broadcom Inc | +0.1% | -46.08% | 減碼 |
| 20 | VRNA | Verona Pharma PLC - Adr | +0.1% | NEW | 新建倉 |
| 21 | NOAH | Noah Holdings Ltd-spon Ads | +0.1% | -24.68% | 減碼 |
| 22 | IDYA | Ideaya Biosciences Inc | +0.1% | +9.30% | 加碼 |
| 23 | VRT | Vertiv Holdings Co-a | +0.1% | NEW | 新建倉 |
| 24 | NOW | Servicenow Inc | +0.1% | NEW | 新建倉 |
| 25 | KLAC | Kla CORP | +0.1% | NEW | 新建倉 |
| 26 | CDNS | Cadence Design Sys Inc | +0.1% | +30.93% | 加碼 |
| 27 | ✓ | Proqr Therapeutics N.v. | +0.1% | -5.67% | 減碼 |
| 28 | NFLX | Netflix Inc | +0.1% | -12.88% | 減碼 |
| 29 | ✓ | Adc Therapeutics SA | +0.1% | -31.93% | 減碼 |
| 30 | BBIO | Bridgebio Pharma Inc | +0.1% | +7.62% | 加碼 |
| 31 | APH | Amphenol Corp-cl A | +0.1% | +11.15% | 加碼 |
| 32 | TXN | Texas Instruments Inc | +0.1% | +177.05% | 加碼 |
| 33 | ROIV | Roivant Sciences Ltd. | +0.1% | -2.92% | 減碼 |
| 34 | BIRK | Birkenstock Holding plc | +0.1% | — | 不變 |
| 35 | V | Visa Inc-class A Shares | +0.1% | -4.20% | 減碼 |
| 36 | VERA | Vera Therapeutics Inc | +0.1% | +14.67% | 加碼 |
| 37 | COGT | Cogent Biosciences Inc | +0.1% | +63.92% | 加碼 |
| 38 | SKYE | Skye Bioscience Inc | +0.1% | — | 不變 |
| 39 | ARWR | Arrowhead Pharmaceuticals In | +0.1% | +12.82% | 加碼 |
| 40 | IMVT | Immunovant Inc | +0.1% | +24.68% | 加碼 |
| 41 | CSGP | Costar Group Inc | +0.1% | — | 不變 |
| 42 | MCHP | Microchip Technology Inc | 0% | NEW | 新建倉 |
| 43 | ADI | Analog Devices Inc | 0% | +87.30% | 加碼 |
| 44 | APGE | Apogee Therapeutics Inc | 0% | -9.55% | 減碼 |
| 45 | XYZ | Block Inc | 0% | -22.30% | 減碼 |
| 46 | CPNG | Coupang Inc | 0% | — | 不變 |
| 47 | ZTS | Zoetis Inc | 0% | — | 不變 |
| 48 | SNPS | Synopsys Inc | 0% | +1.48% | 加碼 |
| 49 | BKNG | Booking Holdings Inc | 0% | — | 不變 |
| 50 | 260 | Centessa Pharmaceuticals-adr | 0% | +8.57% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Platinum Investment Management LTD 在 Q2 2025 季度的美股持倉總市值約為 US$4.1億，共申報了 115 個公開持股部位。
在 Q2 2025 季度，Platinum Investment Management LTD 按市值排列的前三大核心持股分別為：GOOGL (7.2%)、UBS (6.2%)、AVGO (5.2%)。其中最大持股部位 GOOGL 佔據整體投資組合約 7.2% 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
RCI
市值: US$7768.7萬
本季最大獲利了結 / 清倉標的
SLB
前期市值: US$8800.3萬
在 Q2 2025 季度中，Platinum Investment Management LTD 共進行了 107 項持倉異動，包含新建倉 16 個部位、加碼 28 個部位、減碼 47 個部位以及清倉 16 個部位。 其中最大新建倉標的為 RCI。 本季清倉部位包含 SLB。
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。