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
630 檔
61.3%
根據最新整理的 13F 季度數據集，Polar Asset Management Partners Inc. 於 Q3 2025 結束時的管理資產規模為 US$60.7億。該機構在本季度申報了 630 檔美股持倉，呈現出該時期的主要投資地圖。
觀察 Q3 2025 的申報異動，Polar Asset Management Partners Inc. 採取了強勁的買進策略，建倉與加碼動作（合計 121 筆）涵蓋多個核心板塊，展現機構對特定產業前景之樂觀態度。
整體而言，Polar Asset Management Partners Inc. 的前 5 大持股（包含 SPY, QQQ, PHYS）貢獻了組合市值的 61.3%，形成該機構在 Q3 2025 季度的基本面基石。
僅顯示前 200 大持股（共 630 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 | 16.74% | -1.79% | -12.47% | |
| 2 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 16.25% | -0.45% | +194.41% | |
| 3 | PHYS | Sprott Physical Gold Trust | 股票-其他 | 3.18% | — | -39.58% | |
| 4 | IDCC 3.5 06-01-27債券 | Interdigital Inc | 債券 | 3.09% | -1.40% | — | |
| 5 | LYV 3.125 01-15-29債券 | Live Nation Entertainmen | 債券 | 2.55% | -0.06% | +40.00% | |
| 6 | NVDA | Nvidia CORP | 股票-科技 | 1.95% | -0.32% | +433.79% | |
| 7 | HD | Home Depot Inc | 股票-循環性消費 | 1.50% | -0.20% | EXIT | |
| 8 | AXON 0.5 12-15-27債券 | Axon Enterprise Inc | 債券 | 1.49% | — | — | |
| 9 | GVA 3.75 05-15-28債券 | Granite Construction Inc | 債券 | 1.49% | +0.07% | — | |
| 10 | AAPL | Apple Inc | 股票-科技 | 1.32% | — | — | |
| 11 | VRNA | Verona Pharma PLC - Adr | 股票-其他 | 1.16% | — | +8262.07% | |
| 12 | AVGO | Broadcom Inc | 股票-科技 | 1.11% | +0.01% | NEW | |
| 13 | ITRI 1.375 07-15-30債券 | Itron Inc | 債券 | 1.08% | — | +178.33% | |
| 14 | TSLA | Tesla Inc | 股票-循環性消費 | 1.03% | -0.79% | +148.84% | |
| 15 | ANET | Arista Networks Inc | 股票-科技 | 0.98% | -0.53% | — | |
| 16 | STX 3.5 06-01-28債券 | Seagate Hdd Cayman | 債券 | 0.81% | — | — | |
| 17 | LRN 1.125 09-01-27債券 | Stride Inc | 債券 | 0.79% | — | — | |
| 18 | ORCL | Oracle CORP | 股票-科技 | 0.79% | — | — | |
| 19 | SMH | Vaneck Semiconductor ETF | ETF-其他 | 0.74% | +0.22% | NEW | |
| 20 | ITGR 2.125 02-15-28債券 | Integer Holdings CORP | 債券 | 0.69% | — | -0.64% | |
| 21 | ✓ | Cyberark Software LTD. Cmn | 股票-其他 | 0.68% | — | — | |
| 22 | ETH | Grayscale Ethereum Staking M | ETF-其他 | 0.67% | — | — | |
| 23 | ✓ | Wns Holdings LTD | 股票-其他 | 0.63% | — | — | |
| 24 | MCO | Moody's CORP | 股票-金融 | 0.61% | +0.23% | NEW | |
| 25 | PSLV | Sprott Physical Silver Trust | 股票-其他 | 0.61% | — | — | |
| 26 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.58% | +0.02% | +148.19% | |
| 27 | WMT | Walmart Inc | 股票-非循環性消費 | 0.58% | — | — | |
| 28 | MIRM 4 05-01-29債券 | Mirum Pharmaceuticals | 債券 | 0.58% | -0.98% | — | |
| 29 | ADBE | Adobe Inc | 股票-科技 | 0.55% | +1.35% | NEW | |
| 30 | QUBT | Quantum Computing Inc | 股票-其他 | 0.55% | — | +72.30% | |
| 31 | FYBR | Frontier Communications Pare | 股票-其他 | 0.50% | — | +20.00% | |
| 32 | EVRG 4.5 12-15-27債券 | Evergy Inc | 債券 | 0.49% | -0.17% | +40.00% | |
| 33 | AVDX | Avidxchange Holdings Inc | 股票-其他 | 0.48% | — | +13.31% | |
| 34 | ISRG | Intuitive Surgical Inc | 股票-醫療保健 | 0.46% | — | — | |
| 35 | WBD | Warner Bros Discovery Inc | 股票-通訊服務 | 0.45% | +0.25% | +158.06% | |
| 36 | PPL 2.875 03-15-28債券 | Ppl Capital Funding Inc | 債券 | 0.45% | -1.31% | +40.00% | |
| 37 | LRCX | Lam Research CORP | 股票-科技 | 0.43% | -0.12% | +29.98% | |
| 38 | MTSI | Macom Technology Solutions H | 股票-科技 | 0.40% | -0.12% | EXIT | |
| 39 | LQD | Ishr Ibx Usd Invgd Cb Etf-ui | ETF-投資等級公司債 | 0.38% | +0.83% | NEW | |
| 40 | 07WA | Mr Cooper Group Inc | 股票-其他 | 0.37% | — | — | |
| 41 | VRNS 1 09-15-29債券 | Varonis System Inc | 債券 | 0.36% | — | — | |
| 42 | BL 1 06-01-29債券 | Blackline Inc | 債券 | 0.35% | — | — | |
| 43 | DBX 0 03-01-28債券 | Dropbox Inc | 債券 | 0.35% | — | +200.00% | |
| 44 | UPXI | Upexi Inc | 股票-其他 | 0.34% | — | — | |
| 45 | SPOT | Spotify Technology S.A. | 股票-通訊服務 | 0.33% | +0.07% | +437.19% | |
| 46 | XERS 8 07-15-28債券 | Xeris Biopharma Holdings | 債券 | 0.32% | +0.04% | — | |
| 47 | KEL | Kellanova | 股票-其他 | 0.32% | — | +22.81% | |
| 48 | RBLX | Roblox CORP -class A | 股票-通訊服務 | 0.32% | — | +259.81% | |
| 49 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 0.32% | -0.57% | -7.96% | |
| 50 | COIN | Coinbase Global Inc -class A | 股票-金融 | 0.30% | — | -46.67% |
| # | 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 | +9.3% | +194.41% | 加碼 |
| 2 | SPY | Ss Spdr S&p 500 ETF Trust-us | +8.9% | -12.47% | 加碼 |
| 3 | PHYS | Sprott Physical Gold Trust | +1.1% | -39.58% | 加碼 |
| 4 | VRNA | Verona Pharma PLC - Adr | +1% | +8262.07% | 加碼 |
| 5 | AVGO | Broadcom Inc | +0.8% | +695.99% | 加碼 |
| 6 | NVDA | Nvidia CORP | +0.8% | +433.79% | 加碼 |
| 7 | TSLA | Tesla Inc | +0.4% | +148.84% | 加碼 |
| 8 | ISRG | Intuitive Surgical Inc | +0.4% | — | 加碼 |
| 9 | SPOT | Spotify Technology S.A. | +0.2% | +437.19% | 加碼 |
| 10 | RBLX | Roblox CORP -class A | +0.2% | +259.81% | 加碼 |
| 11 | AXON 0.5 12-15-27債券 | Axon Enterprise Inc | +0.1% | — | 加碼 |
| 12 | TECH | Bio-techne CORP | +0.1% | -39.45% | 加碼 |
| 13 | ANET | Arista Networks Inc | +0.1% | — | 加碼 |
| 14 | SITM | Sitime CORP | +0.1% | -19.61% | 加碼 |
| 15 | CNI | Canadian Natl Railway Co | +0.1% | +45.63% | 加碼 |
| 16 | SMH | Vaneck Semiconductor ETF | 0% | +67.08% | 加碼 |
| 17 | COHR | Coherent CORP | 0% | +16.16% | 加碼 |
| 18 | EA | Electronic Arts Inc | 0% | — | 加碼 |
| 19 | ENTG | Entegris Inc | 0% | +37.14% | 加碼 |
| 20 | SMTC | Semtech CORP | -0.1% | -19.12% | 減碼 |
| 21 | TMUS | T-mobile US Inc | -0.1% | +84.25% | 加碼 |
| 22 | OLED | Universal Display CORP | -0.1% | +21.42% | 加碼 |
| 23 | ITGR 2.125 02-15-28債券 | Integer Holdings CORP | -0.2% | -0.64% | 加碼 |
| 24 | META | Meta Platforms Inc-class A | -0.2% | +148.19% | 加碼 |
| 25 | CVNA | Carvana Co | -0.2% | — | 減碼 |
| 26 | CHTR | Charter Communications Inc-a | -0.2% | -19.18% | 減碼 |
| 27 | FYBR | Frontier Communications Pare | -0.2% | +20.00% | 加碼 |
| 28 | HOOD | Robinhood Markets Inc - A | -0.3% | — | 減碼 |
| 29 | ALFUW | Centurion Acquisition Corp. | -0.4% | — | 減碼 |
| 30 | CMS 3.375 05-01-28債券 | Cms Energy CORP | -0.4% | — | 減碼 |
| 31 | ✓ | Gsr Iii Acquisition CORP | -0.5% | -64.36% | 減碼 |
| 32 | APP | Applovin Corp-class A | -0.5% | — | 減碼 |
| 33 | NOA | North American Construction | -0.5% | -44.72% | 減碼 |
| 34 | TSM | Taiwan Semiconductor-sp Adr | -0.5% | -7.96% | 減碼 |
| 35 | WKC 3.25 07-01-28債券 | World Kinect Group | -0.6% | — | 減碼 |
| 36 | LRN 1.125 09-01-27債券 | Stride Inc | -0.6% | — | 不變 |
| 37 | LYV 3.125 01-15-29債券 | Live Nation Entertainmen | -0.7% | +40.00% | 加碼 |
| 38 | EVAC-WT | EQV Ventures Acquisition Corp. II WT | -0.7% | -0.80% | 減碼 |
| 39 | GVA 3.75 05-15-28債券 | Granite Construction Inc | -0.7% | — | 不變 |
| 40 | IDCC 3.5 06-01-27債券 | Interdigital Inc | -0.7% | — | 不變 |
| 41 | C | Citigroup Inc | -0.8% | — | 減碼 |
| 42 | PPL 2.875 03-15-28債券 | Ppl Capital Funding Inc | -0.8% | +40.00% | 減碼 |
| 43 | EVRG 4.5 12-15-27債券 | Evergy Inc | -0.9% | +40.00% | 減碼 |
| 44 | GH | Guardant Health Inc | -0.9% | -97.59% | 減碼 |
| 45 | MTSI | Macom Technology Solutions H | -1.2% | +14.81% | 減碼 |
| 46 | IWM | Ishares Russell 2000 ETF | -1.9% | -25.00% | 減碼 |
| 47 | IBIT | Ishares Bitcoin Trust ETF | -2% | -43.35% | 減碼 |
| 48 | HD | Home Depot Inc | — | NEW | 新建倉 |
| 49 | AAPL | Apple Inc | — | NEW | 新建倉 |
| 50 | ITRI 1.375 07-15-30債券 | Itron Inc | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Polar Asset Management Partners Inc. 在 Q3 2025 季度的美股持倉總市值約為 US$60.7億，共申報了 630 個公開持股部位。
在 Q3 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 (16.7%)、QQQ (16.3%)、PHYS (3.2%)。其中最大持股部位 SPY 佔據整體投資組合約 16.7% 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
HD
市值: US$1.3億
本季最大獲利了結 / 清倉標的
MDT
前期市值: US$5433.2萬
在 Q3 2025 季度中，Polar Asset Management Partners Inc. 共進行了 197 項持倉異動，包含新建倉 96 個部位、加碼 25 個部位、減碼 19 個部位以及清倉 57 個部位。 其中最大新建倉標的為 HD。 本季清倉部位包含 MDT。
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。