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: 0001326389
申報總市值
US$60.7億
US$60.7億
501 檔
17.1%
在 Q1 2025 的 13F 官方備案中，Polar Asset Management Partners Inc. 管理的美股投資組合規模來到 US$60.7億，整體持股檔數為 501 檔。
從 Q1 2025 申報觀察，Polar Asset Management Partners Inc. 採取防禦導向的調倉策略，本季減碼 9 檔個股並出清 129 檔部位，顯示機構在該時期進行風險控制與流動性回收。
從部位權重觀察，前 5 大標的（包含 SPY, QQQ, IDCC 3.5 06-01-27）累計市值佔比達 17.1%，是驅動 Polar Asset Management Partners Inc. 該季度整體投資組合績效表現的核心支柱。
僅顯示前 200 大持股（共 501 檔）
| # | 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 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 7.83% | -1.79% | -46.28% | |
| 2 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 6.97% | -0.45% | -24.16% | |
| 3 | IDCC 3.5 06-01-27債券 | Interdigital Inc | 債券 | 3.81% | -1.40% | — | |
| 4 | LYV 3.125 01-15-29債券 | Live Nation Entertainmen | 債券 | 3.21% | -0.06% | — | |
| 5 | GVA 3.75 05-15-28債券 | Granite Construction Inc | 債券 | 2.18% | +0.07% | — | |
| 6 | IBIT | Ishares Bitcoin Trust ETF | ETF-加密貨幣 | 2.16% | -0.12% | — | |
| 7 | PHYS | Sprott Physical Gold Trust | 股票-其他 | 2.12% | — | -12.63% | |
| 8 | IWM | Ishares Russell 2000 ETF | ETF-中小型股 | 2.07% | +0.69% | NEW | |
| 9 | MTSI | Macom Technology Solutions H | 股票-科技 | 1.55% | -0.12% | EXIT | |
| 10 | LRN 1.125 09-01-27債券 | Stride Inc | 債券 | 1.41% | — | — | |
| 11 | AXON 0.5 12-15-27債券 | Axon Enterprise Inc | 債券 | 1.36% | — | -76.30% | |
| 12 | PSLV | Sprott Physical Silver Trust | 股票-其他 | 1.36% | — | -33.07% | |
| 13 | EVRG 4.5 12-15-27債券 | Evergy Inc | 債券 | 1.36% | -0.17% | -64.29% | |
| 14 | PPL 2.875 03-15-28債券 | Ppl Capital Funding Inc | 債券 | 1.29% | -1.31% | -64.29% | |
| 15 | MDT | Medtronic plc | 股票-醫療保健 | 1.25% | — | +311.87% | |
| 16 | NVDA | Nvidia CORP | 股票-科技 | 1.19% | -0.32% | -79.58% | |
| 17 | ITCIEUR | Intra-cellular Therapies Inc | 股票-其他 | 0.99% | — | — | |
| 18 | GH | Guardant Health Inc | 股票-醫療保健 | 0.94% | — | +110.14% | |
| 19 | ANET | Arista Networks Inc | 股票-科技 | 0.91% | -0.53% | +240.10% | |
| 20 | PDCOEUR | Patterson Cos Inc | 股票-其他 | 0.90% | — | +527.80% | |
| 21 | ✓ | Despegar.com CORP | 股票-其他 | 0.87% | — | — | |
| 22 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 0.86% | -0.57% | +210.87% | |
| 23 | ITGR 2.125 02-15-28債券 | Integer Holdings CORP | 債券 | 0.85% | — | -66.34% | |
| 24 | ALGN | Align Technology Inc | 股票-醫療保健 | 0.84% | — | +469.91% | |
| 25 | DNB | Dun & Bradstreet Holdings In | 股票-其他 | 0.82% | — | — | |
| 26 | C | Citigroup Inc | 股票-金融 | 0.82% | -0.17% | EXIT | |
| 27 | WKC 3.25 07-01-28債券 | World Kinect Group | 債券 | 0.80% | — | — | |
| 28 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.79% | +0.02% | +110.61% | |
| 29 | JWNUSD | Nordstrom Inc | 股票-其他 | 0.77% | — | — | |
| 30 | EVAC-WT | EQV Ventures Acquisition Corp. II WT | 股票-其他 | 0.75% | — | — | |
| 31 | FYBR | Frontier Communications Pare | 股票-其他 | 0.74% | — | +407.04% | |
| 32 | LNT 3.875 03-15-26債券 | Alliant Energy CORP | 債券 | 0.74% | — | -45.45% | |
| 33 | PODD | Insulet CORP | 股票-醫療保健 | 0.74% | — | -44.03% | |
| 34 | 016 | Veren Inc | 股票-其他 | 0.73% | — | — | |
| 35 | SMH | Vaneck Semiconductor ETF | ETF-其他 | 0.73% | +0.22% | NEW | |
| 36 | APP | Applovin Corp-class A | 股票-科技 | 0.69% | — | +27.55% | |
| 37 | DXCM | Dexcom Inc | 股票-醫療保健 | 0.65% | — | NEW | |
| 38 | NOA | North American Construction | 股票-其他 | 0.64% | -0.08% | EXIT | |
| 39 | CRDO | Credo Technology Group Holding Ltd | 股票-科技 | 0.62% | -0.40% | — | |
| 40 | PRGS 3.5 03-01-30債券 | Progress Software CORP | 債券 | 0.61% | — | — | |
| 41 | TSLA | Tesla Inc | 股票-循環性消費 | 0.60% | -0.79% | +6099.63% | |
| 42 | AMPSUSD | Altus Power Inc | 股票-其他 | 0.58% | — | — | |
| 43 | STX | Seagate Technology Holdings plc | 股票-科技 | 0.52% | — | +43.63% | |
| 44 | CMS 3.375 05-01-28債券 | Cms Energy CORP | 債券 | 0.51% | -0.23% | EXIT | |
| 45 | ALFUW | Centurion Acquisition Corp. | 股票-其他 | 0.47% | -0.03% | — | |
| 46 | ✓ | Silverbox CORP Iv | 股票-其他 | 0.46% | -0.05% | — | |
| 47 | ✓ | Gsr Iii Acquisition CORP | 股票-其他 | 0.46% | — | — | |
| 48 | XHB | Ss Spdr S&p Homebldrs ETF | ETF-其他 | 0.45% | — | +111.54% | |
| 49 | AMED | Amedisys Inc | 股票-其他 | 0.45% | — | -17.65% | |
| 50 | ✓ | M3brigade Acquisition V CORP | 股票-其他 | 0.44% | -0.14% | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | QQQ | Invesco Qqq Trust Series 1 | +6.9% | -24.16% | 加碼 |
| 2 | SPY | Ss Spdr S&p 500 ETF Trust-us | +3.8% | -46.28% | 減碼 |
| 3 | PSLV | Sprott Physical Silver Trust | +1% | -33.07% | 加碼 |
| 4 | C | Citigroup Inc | +0.8% | — | 加碼 |
| 5 | ALGN | Align Technology Inc | +0.8% | +469.91% | 加碼 |
| 6 | DXCM | Dexcom Inc | +0.6% | +765.16% | 加碼 |
| 7 | NOA | North American Construction | +0.5% | +70.33% | 加碼 |
| 8 | STX | Seagate Technology Holdings plc | +0.5% | +43.63% | 加碼 |
| 9 | OLED | Universal Display CORP | +0.4% | +12.55% | 加碼 |
| 10 | NVDA | Nvidia CORP | +0.2% | -79.58% | 加碼 |
| 11 | GWRS | Global Water Resources Inc | -0.1% | -2.70% | 減碼 |
| 12 | MDB | Mongodb Inc | -0.1% | -1.61% | 減碼 |
| 13 | XPO | Xpo Inc | -0.1% | -37.90% | 減碼 |
| 14 | LNTH | Lantheus Holdings Inc | -0.2% | — | 減碼 |
| 15 | GENI | Genius Sports Limited | -0.2% | -34.48% | 減碼 |
| 16 | PDS | Precision Drilling CORP | -0.3% | +200.00% | 減碼 |
| 17 | MU | Micron Technology Inc | -0.3% | — | 減碼 |
| 18 | IWM | Ishares Russell 2000 ETF | -3.1% | +125.00% | 減碼 |
| 19 | MELI 2 08-15-28債券 | Mercadolibre Inc | — | EXIT | 清倉 |
| 20 | AEO 3.75 04-15-25債券 | American Eagle Outfitter | — | EXIT | 清倉 |
| 21 | DXCM 0.75 12-01-23債券 | Dexcom Inc | — | EXIT | 清倉 |
| 22 | IDCC 3.5 06-01-27債券 | Interdigital Inc | — | NEW | 新建倉 |
| 23 | DKS 3.25 04-15-25債券 | Dick's Sporting Goods | — | EXIT | 清倉 |
| 24 | LYV 3.125 01-15-29債券 | Live Nation Entertainmen | — | NEW | 新建倉 |
| 25 | NUAN 1.25 04-01-25債券 | Nuance Communications | — | EXIT | 清倉 |
| 26 | PANW 0.375 06-01-25債券 | Palo Alto Networks | — | EXIT | 清倉 |
| 27 | NVST 2.375 06-01-25債券 | Envista Holdings CORP | — | EXIT | 清倉 |
| 28 | CIGICN 4 06-01-25債券 | Colliers Intl Group Inc | — | EXIT | 清倉 |
| 29 | SNAP 0.25 05-01-25債券 | Snap Inc | — | EXIT | 清倉 |
| 30 | WOLF 1.75 05-01-26債券 | Wolfspeed Inc | — | EXIT | 清倉 |
| 31 | GVA 3.75 05-15-28債券 | Granite Construction Inc | — | NEW | 新建倉 |
| 32 | IBIT | Ishares Bitcoin Trust ETF | — | NEW | 新建倉 |
| 33 | JAZZ 2 06-15-26債券 | Jazz Investments I LTD | — | EXIT | 清倉 |
| 34 | ZEN 0.625 06-15-25債券 | Zendesk Inc | — | EXIT | 清倉 |
| 35 | AMD | Advanced Micro Devices | — | EXIT | 清倉 |
| 36 | SHOP | Shopify Inc - Class A | — | EXIT | 清倉 |
| 37 | OKTA 0.375 06-15-26債券 | Okta Inc | — | EXIT | 清倉 |
| 38 | PANW 0.75 07-01-23債券 | Palo Alto Networks | — | EXIT | 清倉 |
| 39 | EYE 2.5 05-15-25債券 | National Vision Holdings | — | EXIT | 清倉 |
| 40 | COUP 0.375 06-15-26債券 | Coupa Software Inc | — | EXIT | 清倉 |
| 41 | Z 0.75 09-01-24債券 | Zillow Group Inc | — | EXIT | 清倉 |
| 42 | CMD 3.25 05-15-25債券 | Cantel Medical CORP | — | EXIT | 清倉 |
| 43 | X 5 11-01-26債券 | United States Steel CORP | — | EXIT | 清倉 |
| 44 | SPLK 1.125 09-15-25債券 | Splunk Inc | — | EXIT | 清倉 |
| 45 | LRN 1.125 09-01-27債券 | Stride Inc | — | NEW | 新建倉 |
| 46 | Z 2.75 05-15-25債券 | Zillow Group Inc | — | EXIT | 清倉 |
| 47 | AXON 0.5 12-15-27債券 | Axon Enterprise Inc | — | NEW | 新建倉 |
| 48 | VRNS 1.25 08-15-25債券 | Varonis System Inc | — | EXIT | 清倉 |
| 49 | EVRG 4.5 12-15-27債券 | Evergy Inc | — | NEW | 新建倉 |
| 50 | PPL 2.875 03-15-28債券 | Ppl Capital Funding Inc | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Polar Asset Management Partners Inc. 在 Q1 2025 季度的美股持倉總市值約為 US$60.7億，共申報了 501 個公開持股部位。
在 Q1 2025 季度，Polar Asset Management Partners Inc. 按市值排列的前三大核心持股分別為：SPY (7.8%)、QQQ (7.0%)、IDCC 3.5 06-01-27 (3.8%)。其中最大持股部位 SPY 佔據整體投資組合約 7.8% 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
IDCC 3.5 06-01-27
市值: US$1.7億
本季最大獲利了結 / 清倉標的
MELI 2 08-15-28
前期市值: US$3.6億
在 Q1 2025 季度中，Polar Asset Management Partners Inc. 共進行了 200 項持倉異動，包含新建倉 53 個部位、加碼 9 個部位、減碼 9 個部位以及清倉 129 個部位。 其中最大新建倉標的為 IDCC 3.5 06-01-27。 本季清倉部位包含 MELI 2 08-15-28。
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。