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
120 檔
107.4%
在 Q3 2025 的 13F 官方備案中，Platinum Investment Management LTD 管理的美股投資組合規模來到 US$4.1億，整體持股檔數為 120 檔。
數據顯示 Platinum Investment Management LTD 於 Q3 2025 季度持續回收資金，對 61 個既有部位進行裁減並清倉 24 個標的，組合整體流動性比重有所上升。
從部位權重觀察，前 5 大標的（包含 ICE, GOOGL, ABBV）累計市值佔比達 107.4%，是驅動 Platinum Investment Management LTD 該季度整體投資組合績效表現的核心支柱。
| # | 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 | ICE | Intercontinental Exchange In | 股票-金融 | 6.49% | -0.23% | +71.59% | |
| 2 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 5.99% | -0.87% | EXIT | |
| 3 | ABBV | Abbvie Inc | 股票-醫療保健 | 5.54% | +0.21% | +1.29% | |
| 4 | JNJ | Johnson & Johnson | 股票-醫療保健 | 5.12% | +0.03% | -2.85% | |
| 5 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 5.09% | +0.08% | +7.19% | |
| 6 | MU | Micron Technology Inc | 股票-科技 | 5.09% | +3.04% | -16.08% | |
| 7 | LRCX | Lam Research CORP | 股票-科技 | 4.98% | +2.45% | -21.53% | |
| 8 | AVGO | Broadcom Inc | 股票-科技 | 4.54% | +0.39% | -24.75% | |
| 9 | IQV | Iqvia Holdings Inc | 股票-醫療保健 | 4.51% | +0.12% | -5.91% | |
| 10 | ADBE | Adobe Inc | 股票-科技 | 4.36% | -0.20% | +5.72% | |
| 11 | YUM | Yum! Brands Inc | 股票-循環性消費 | 4.27% | +0.01% | — | |
| 12 | UBS | UBS Group AG | 股票-金融 | 3.81% | +0.30% | -48.08% | |
| 13 | RCI | Rogers Communications Inc-b | 股票-其他 | 3.79% | -0.24% | -35.07% | |
| 14 | CCJ | Cameco CORP | 股票-能源 | 3.66% | -0.10% | -32.70% | |
| 15 | TRU | Transunion | 股票-金融 | 3.33% | +0.01% | -13.90% | |
| 16 | VAL | Valaris Limited | 股票-能源 | 3.04% | -0.32% | -16.08% | |
| 17 | ZTO | Zto Express Cayman Inc-adr | 股票-其他 | 2.79% | -1.68% | -11.22% | |
| 18 | TCOM | Trip.com Group Ltd-adr | 股票-循環性消費 | 2.30% | -1.32% | -10.03% | |
| 19 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 2.03% | +0.36% | -31.31% | |
| 20 | KR | Kroger Co | 股票-非循環性消費 | 1.85% | — | — | |
| 21 | NOAH | Noah Holdings Ltd-spon Ads | 股票-其他 | 0.97% | -0.04% | -7.38% | |
| 22 | DDL | Dingdong Cayman LTD -spn Adr | 股票-其他 | 0.89% | -1.12% | — | |
| 23 | BIRK | Birkenstock Holding plc | 股票-其他 | 0.76% | -0.26% | +116.67% | |
| 24 | PDD | Pdd Holdings Inc | 股票-循環性消費 | 0.76% | -0.55% | — | |
| 25 | AMZN | Amazon.com Inc | 股票-循環性消費 | 0.60% | — | -13.89% | |
| 26 | V | Visa Inc-class A Shares | 股票-金融 | 0.54% | +0.04% | -3.57% | |
| 27 | FICO | Fair Isaac CORP | 股票-科技 | 0.50% | -0.03% | — | |
| 28 | HTHT | H World Group Ltd-adr | 股票-其他 | 0.46% | -0.29% | — | |
| 29 | UBER | Uber Technologies Inc | 股票-工業 | 0.46% | — | -29.98% | |
| 30 | AS | Amer Sports, Inc. | 股票-循環性消費 | 0.40% | -0.08% | -5.26% | |
| 31 | FLUT | Flutter Entertainment plc | 股票-循環性消費 | 0.38% | — | -42.50% | |
| 32 | ZTS | Zoetis Inc | 股票-醫療保健 | 0.38% | -1.07% | — | |
| 33 | HD | Home Depot Inc | 股票-循環性消費 | 0.37% | -0.08% | — | |
| 34 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.36% | +0.18% | -50.89% | |
| 35 | WWW | Wolverine World Wide Inc | 股票-其他 | 0.35% | — | — | |
| 36 | NVDA | Nvidia CORP | 股票-科技 | 0.34% | +0.15% | -4.11% | |
| 37 | VERA | Vera Therapeutics Inc | 股票-其他 | 0.30% | +0.05% | — | |
| 38 | CSGP | Costar Group Inc | 股票-房地產 | 0.30% | -0.51% | -15.38% | |
| 39 | ✓ | Adc Therapeutics SA | 股票-其他 | 0.30% | -0.79% | -16.62% | |
| 40 | IDYA | Ideaya Biosciences Inc | 股票-其他 | 0.29% | +0.50% | — | |
| 41 | 260 | Centessa Pharmaceuticals-adr | 股票-其他 | 0.29% | -1.38% | EXIT | |
| 42 | MSFT | Microsoft CORP | 股票-科技 | 0.29% | -0.39% | EXIT | |
| 43 | FND | Floor & Decor Holdings Inc-a | 股票-循環性消費 | 0.29% | +0.05% | — | |
| 44 | ELF | Elf Beauty Inc | 股票-非循環性消費 | 0.26% | -0.29% | -25.00% | |
| 45 | ARWR | Arrowhead Pharmaceuticals In | 股票-醫療保健 | 0.25% | +0.28% | — | |
| 46 | APGE | Apogee Therapeutics Inc | 股票-其他 | 0.24% | +0.66% | +8.34% | |
| 47 | ROIV | Roivant Sciences Ltd. | 股票-醫療保健 | 0.23% | +0.15% | -50.26% | |
| 48 | GPCR | Structure Therapeutics Inc | 股票-其他 | 0.22% | +0.38% | +63.90% | |
| 49 | VEEV | Veeva Systems Inc-class A | 股票-醫療保健 | 0.21% | -0.49% | EXIT | |
| 50 | BBIO | Bridgebio Pharma Inc | 股票-醫療保健 | 0.21% | -0.19% | -17.78% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | JNJ | Johnson & Johnson | +4.8% | -2.85% | 加碼 |
| 2 | ADBE | Adobe Inc | +4.3% | +5.72% | 加碼 |
| 3 | ICE | Intercontinental Exchange In | +1.9% | +71.59% | 加碼 |
| 4 | ABBV | Abbvie Inc | +0.5% | +1.29% | 減碼 |
| 5 | BIRK | Birkenstock Holding plc | +0.4% | +116.67% | 加碼 |
| 6 | MU | Micron Technology Inc | +0.4% | -16.08% | 減碼 |
| 7 | NVDA | Nvidia CORP | +0.2% | -4.11% | 加碼 |
| 8 | ARWR | Arrowhead Pharmaceuticals In | +0.2% | — | 加碼 |
| 9 | LRCX | Lam Research CORP | +0.2% | -21.53% | 減碼 |
| 10 | COGT | Cogent Biosciences Inc | +0.2% | — | 加碼 |
| 11 | IDYA | Ideaya Biosciences Inc | +0.2% | — | 加碼 |
| 12 | GPCR | Structure Therapeutics Inc | +0.1% | +63.90% | 加碼 |
| 13 | ✓ | Adc Therapeutics SA | +0.1% | -16.62% | 減碼 |
| 14 | ELF | Elf Beauty Inc | +0.1% | -25.00% | 減碼 |
| 15 | VERA | Vera Therapeutics Inc | +0.1% | — | 加碼 |
| 16 | MSFT | Microsoft CORP | +0.1% | -8.21% | 減碼 |
| 17 | AS | Amer Sports, Inc. | +0.1% | -5.26% | 減碼 |
| 18 | APH | Amphenol Corp-cl A | +0.1% | -12.04% | 減碼 |
| 19 | RCUS | Arcus Biosciences Inc | +0.1% | — | 不變 |
| 20 | BBIO | Bridgebio Pharma Inc | +0.1% | -17.78% | 減碼 |
| 21 | 260 | Centessa Pharmaceuticals-adr | +0.1% | -35.91% | 減碼 |
| 22 | CPNG | Coupang Inc | +0.1% | +29.01% | 加碼 |
| 23 | ANET | Arista Networks Inc | +0.1% | +99.06% | 減碼 |
| 24 | UBER | Uber Technologies Inc | +0.1% | -29.98% | 減碼 |
| 25 | DRUG | Bright Minds Biosciences Inc | +0.1% | — | 不變 |
| 26 | INTC | Intel CORP | +0.1% | +24.20% | 加碼 |
| 27 | ✓ | Proqr Therapeutics N.v. | +0.1% | -14.85% | 減碼 |
| 28 | IMVT | Immunovant Inc | 0% | — | 加碼 |
| 29 | SKYE | Skye Bioscience Inc | 0% | -20.53% | 減碼 |
| 30 | APGE | Apogee Therapeutics Inc | 0% | +8.34% | 減碼 |
| 31 | BKNG | Booking Holdings Inc | 0% | — | 不變 |
| 32 | GOSS | Gossamer Bio Inc | 0% | -44.78% | 減碼 |
| 33 | MA | Mastercard Inc - A | 0% | +39.18% | 減碼 |
| 34 | ✓ | Merus N V | 0% | -35.43% | 減碼 |
| 35 | V | Visa Inc-class A Shares | 0% | -3.57% | 減碼 |
| 36 | PBR-A | Petroleo Brasil-sp Pref Adr | 0% | -7.40% | 加碼 |
| 37 | LBRDK | Liberty Broadband-c | 0% | +84.60% | 加碼 |
| 38 | JAZZ | Jazz Pharmaceuticals plc | 0% | -6.71% | 加碼 |
| 39 | FUTU | Futu Holdings Ltd-adr | 0% | -39.71% | 減碼 |
| 40 | CDNS | Cadence Design Sys Inc | 0% | -45.34% | 減碼 |
| 41 | PDD | Pdd Holdings Inc | — | — | 減碼 |
| 42 | AMZN | Amazon.com Inc | — | -13.89% | 減碼 |
| 43 | ZTS | Zoetis Inc | — | — | 不變 |
| 44 | CSGP | Costar Group Inc | — | -15.38% | 減碼 |
| 45 | NFLX | Netflix Inc | — | -19.04% | 減碼 |
| 46 | MBX | Mbx Biosciences Inc | — | -38.42% | 減碼 |
| 47 | KSS | Kohls CORP | — | -47.55% | 減碼 |
| 48 | TGT | Target CORP | — | +20.89% | 加碼 |
| 49 | MOMO | Hello Group Inc -spn Adr | — | +6.33% | 加碼 |
| 50 | NE | Noble Corporation plc | — | -12.24% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Platinum Investment Management LTD 在 Q3 2025 季度的美股持倉總市值約為 US$4.1億，共申報了 120 個公開持股部位。
在 Q3 2025 季度，Platinum Investment Management LTD 按市值排列的前三大核心持股分別為：ICE (6.5%)、GOOGL (6.0%)、ABBV (5.5%)。其中最大持股部位 ICE 佔據整體投資組合約 6.5% 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
IQV
市值: US$6983.8萬
本季最大獲利了結 / 清倉標的
SLB
前期市值: US$8800.3萬
在 Q3 2025 季度中，Platinum Investment Management LTD 共進行了 137 項持倉異動，包含新建倉 29 個部位、加碼 23 個部位、減碼 61 個部位以及清倉 24 個部位。 其中最大新建倉標的為 IQV。 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。