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: 0001710951
申報總市值
US$33.0億
US$33.0億
113 檔
23.2%
在 Q4 2025 的 13F 官方備案中，Prana Capital Management, LP 管理的美股投資組合規模來到 US$33.0億，整體持股檔數為 113 檔。
觀察 Q4 2025 的資金脈絡，Prana Capital Management, LP 在獲利結算 30 檔個股的同時，將資本重新部署至 33 檔新選標的，展現主動管理機構的輪動節奏。
在資產配置集中度方面，Prana Capital Management, LP 的前 5 大核心持股（包含 BLK, BAC, C 等）合計佔整體申報市值的 23.2%，反映機構在主要關鍵部位上的權重分佈。
| # | 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 | BLK | Blackrock Inc | 股票-金融 | 9.01% | -0.53% | +3.56% | |
| 2 | BAC | Bank Of America CORP | 股票-金融 | 5.88% | +0.54% | -1.68% | |
| 3 | C | Citigroup Inc | 股票-金融 | 4.72% | +0.49% | +19.62% | |
| 4 | TFC | Truist Financial CORP | 股票-金融 | 4.46% | -0.28% | -5.60% | |
| 5 | AMP | Ameriprise Financial Inc | 股票-金融 | 3.68% | -0.21% | EXIT | |
| 6 | USB | US Bancorp | 股票-金融 | 3.54% | — | -27.35% | |
| 7 | SCHW | Schwab (charles) CORP | 股票-金融 | 3.45% | — | +106.06% | |
| 8 | MA | Mastercard Inc - A | 股票-金融 | 3.43% | -0.16% | +109.96% | |
| 9 | CME | Cme Group Inc | 股票-金融 | 3.18% | +0.01% | NEW | |
| 10 | NDAQ | Nasdaq Inc | 股票-金融 | 2.87% | +0.24% | -34.07% | |
| 11 | CB | Chubb Limited | 股票-金融 | 2.73% | +4.94% | -52.67% | |
| 12 | KEY | Keycorp | 股票-金融 | 2.55% | +0.19% | -17.61% | |
| 13 | LOW | Lowe's Cos Inc | 股票-循環性消費 | 2.52% | -0.60% | +0.83% | |
| 14 | AIG | American International Group | 股票-金融 | 2.31% | -0.47% | +17.74% | |
| 15 | CFG | Citizens Financial Group | 股票-金融 | 2.04% | +1.83% | -26.49% | |
| 16 | AON | Aon plc | 股票-金融 | 2.00% | -3.18% | EXIT | |
| 17 | ICE | Intercontinental Exchange In | 股票-金融 | 1.98% | -2.46% | -40.32% | |
| 18 | SEIC | Sei Investments Company | 股票-金融 | 1.94% | -0.74% | -8.46% | |
| 19 | BRO | Brown & Brown Inc | 股票-金融 | 1.72% | — | -36.61% | |
| 20 | LEN | Lennar Corp-a | 股票-循環性消費 | 1.61% | +0.38% | +9.95% | |
| 21 | SPGI | S&p Global Inc | 股票-金融 | 1.59% | +1.67% | — | |
| 22 | ALL | Allstate CORP | 股票-金融 | 1.51% | — | -45.69% | |
| 23 | HBAN | Huntington Bancshares Inc | 股票-金融 | 1.38% | +0.43% | — | |
| 24 | RJF | Raymond James Financial Inc | 股票-金融 | 1.36% | -1.56% | +1451.73% | |
| 25 | BX | Blackstone Inc | 股票-金融 | 1.32% | +0.16% | — | |
| 26 | SSNC | Ss&c Technologies Holdings | 股票-科技 | 1.25% | -0.37% | -12.63% | |
| 27 | HD | Home Depot Inc | 股票-循環性消費 | 1.23% | +1.07% | +553.39% | |
| 28 | CI | THE Cigna Group | 股票-醫療保健 | 1.16% | -1.74% | EXIT | |
| 29 | AJG | Arthur J Gallagher & Co | 股票-金融 | 1.12% | +1.56% | NEW | |
| 30 | RGA | Reinsurance Group Of America | 股票-金融 | 1.01% | +0.59% | -54.51% | |
| 31 | SF | Stifel Financial CORP | 股票-金融 | 0.92% | +0.06% | -39.68% | |
| 32 | IBKR | Interactive Brokers Gro-cl A | 股票-金融 | 0.92% | — | +27.48% | |
| 33 | FIS | Fidelity National Info Serv | 股票-科技 | 0.91% | -0.43% | -37.99% | |
| 34 | GPN | Global Payments Inc | 股票-工業 | 0.90% | -0.11% | -23.52% | |
| 35 | TOL | Toll Brothers Inc | 股票-循環性消費 | 0.81% | — | +5.98% | |
| 36 | AFL | Aflac Inc | 股票-金融 | 0.79% | — | +177.09% | |
| 37 | BEN | Franklin Resources Inc | 股票-金融 | 0.78% | -0.08% | +5.14% | |
| 38 | CSGP | Costar Group Inc | 股票-房地產 | 0.77% | -0.32% | +90.32% | |
| 39 | SPG | Simon Property Group Inc | 股票-房地產 | 0.66% | -0.52% | -23.98% | |
| 40 | ACN | Accenture plc | 股票-科技 | 0.66% | -1.83% | +4857.74% | |
| 41 | PRI | Primerica Inc | 股票-金融 | 0.64% | -0.01% | +2.83% | |
| 42 | CPAY | Corpay Inc | 股票-科技 | 0.64% | -0.17% | -17.78% | |
| 43 | WCN | Waste Connections Inc | 股票-工業 | 0.62% | +0.07% | +32.17% | |
| 44 | INVH | Invitation Homes Inc | 股票-房地產 | 0.57% | +0.03% | NEW | |
| 45 | EQH | Equitable Holdings Inc | 股票-金融 | 0.56% | +0.59% | NEW | |
| 46 | CBOE | Cboe Global Markets Inc | 股票-金融 | 0.55% | — | +2198.62% | |
| 47 | VOYA | Voya Financial Inc | 股票-金融 | 0.53% | -0.59% | EXIT | |
| 48 | MSCI | Msci Inc | 股票-金融 | 0.53% | — | — | |
| 49 | GL | Globe Life Inc | 股票-金融 | 0.51% | -0.18% | — | |
| 50 | EG | Everest Group, Ltd. | 股票-金融 | 0.50% | -0.20% | +118.72% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | SCHW | Schwab (charles) CORP | +2% | +106.06% | 加碼 |
| 2 | MA | Mastercard Inc - A | +1.9% | +109.96% | 加碼 |
| 3 | C | Citigroup Inc | +1.6% | +19.62% | 加碼 |
| 4 | RJF | Raymond James Financial Inc | +1.3% | +1451.73% | 加碼 |
| 5 | HD | Home Depot Inc | +1% | +553.39% | 加碼 |
| 6 | BAC | Bank Of America CORP | +0.7% | -1.68% | 減碼 |
| 7 | AMP | Ameriprise Financial Inc | +0.7% | +13.37% | 加碼 |
| 8 | ACN | Accenture plc | +0.7% | +4857.74% | 加碼 |
| 9 | AIG | American International Group | +0.7% | +17.74% | 加碼 |
| 10 | CBOE | Cboe Global Markets Inc | +0.5% | +2198.62% | 加碼 |
| 11 | AFL | Aflac Inc | +0.5% | +177.09% | 加碼 |
| 12 | VOYA | Voya Financial Inc | +0.5% | +497.01% | 加碼 |
| 13 | TFC | Truist Financial CORP | +0.4% | -5.60% | 減碼 |
| 14 | BLK | Blackrock Inc | +0.3% | +3.56% | 加碼 |
| 15 | CSGP | Costar Group Inc | +0.3% | +90.32% | 加碼 |
| 16 | EG | Everest Group, Ltd. | +0.3% | +118.72% | 加碼 |
| 17 | IBKR | Interactive Brokers Gro-cl A | +0.2% | +27.48% | 加碼 |
| 18 | EQH | Equitable Holdings Inc | +0.2% | +54.45% | 加碼 |
| 19 | WCN | Waste Connections Inc | +0.2% | +32.17% | 加碼 |
| 20 | CRM | Salesforce Inc | +0.1% | +288.30% | 加碼 |
| 21 | LOW | Lowe's Cos Inc | +0.1% | +0.83% | 加碼 |
| 22 | BEN | Franklin Resources Inc | +0.1% | +5.14% | 加碼 |
| 23 | HCA | Hca Healthcare Inc | +0.1% | +249.19% | 加碼 |
| 24 | RKT | Rocket Cos Inc-class A | +0.1% | +45.20% | 加碼 |
| 25 | ADBE | Adobe Inc | +0.1% | +310.73% | 加碼 |
| 26 | TOL | Toll Brothers Inc | +0.1% | +5.98% | 加碼 |
| 27 | UWMC | Uwm Holdings CORP | +0.1% | +3363.89% | 加碼 |
| 28 | BILL | Bill Holdings Inc | +0.1% | +245.21% | 加碼 |
| 29 | STEP | Stepstone Group Inc-class A | +0.1% | +17.21% | 加碼 |
| 30 | IRM | Iron Mountain Inc | +0.1% | +200.12% | 加碼 |
| 31 | XYZ | Block Inc | 0% | +113.16% | 加碼 |
| 32 | VIRT | Virtu Financial Inc-class A | 0% | +38.05% | 加碼 |
| 33 | ETOR | eToro Group Ltd. | 0% | +136.49% | 加碼 |
| 34 | PRI | Primerica Inc | 0% | +2.83% | 加碼 |
| 35 | FDS | Factset Research Systems Inc | 0% | +53.34% | 加碼 |
| 36 | EVR | Evercore Inc - A | 0% | -1.64% | 減碼 |
| 37 | ARMK | Aramark | 0% | +20.79% | 加碼 |
| 38 | JEF | Jefferies Financial Group In | 0% | +1.06% | 加碼 |
| 39 | BURL | Burlington Stores Inc | 0% | +19.54% | 加碼 |
| 40 | TGT | Target CORP | 0% | +11.77% | 加碼 |
| 41 | RNR | RenaissanceRe Holdings Ltd. | 0% | -20.35% | 減碼 |
| 42 | DG | Dollar General CORP | 0% | -57.08% | 減碼 |
| 43 | ORLY | O'reilly Automotive Inc | 0% | -31.78% | 減碼 |
| 44 | ZION | Zions Bancorp NA | 0% | -25.92% | 減碼 |
| 45 | NSP | Insperity Inc | 0% | -2.81% | 減碼 |
| 46 | BGC | Bgc Group Inc-a | 0% | -50.27% | 減碼 |
| 47 | KEY | Keycorp | 0% | -17.61% | 減碼 |
| 48 | GFL | Gfl Environmental Inc-sub Vt | 0% | -32.03% | 減碼 |
| 49 | LEN | Lennar Corp-a | 0% | +9.95% | 加碼 |
| 50 | CPAY | Corpay Inc | 0% | -17.78% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Prana Capital Management, LP 在 Q4 2025 季度的美股持倉總市值約為 US$33.0億，共申報了 113 個公開持股部位。
在 Q4 2025 季度，Prana Capital Management, LP 按市值排列的前三大核心持股分別為：BLK (9.0%)、BAC (5.9%)、C (4.7%)。其中最大持股部位 BLK 佔據整體投資組合約 9.0% 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
CME
市值: US$8774.6萬
本季最大獲利了結 / 清倉標的
GS
前期市值: US$6519.8萬
在 Q4 2025 季度中，Prana Capital Management, LP 共進行了 143 項持倉異動，包含新建倉 33 個部位、加碼 38 個部位、減碼 42 個部位以及清倉 30 個部位。 其中最大新建倉標的為 CME。 本季清倉部位包含 GS。
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。