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: 0001389426
申報總市值
US$439.2億
US$439.2億
1104 檔
20.6%
根據最新整理的 13F 季度數據集，Rafferty Asset Management, LLC 於 Q3 2025 結束時的管理資產規模為 US$439.2億。該機構在本季度申報了 1104 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，Rafferty Asset Management, LLC 採取了強勁的買進策略，建倉與加碼動作（合計 154 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，Rafferty Asset Management, LLC 的前 5 大持股（包含 TLT, TSLA, IWM）貢獻了組合市值的 20.6%，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 1104 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 | TLT | Ishares 20+ Year Treasury Bd | ETF-政府公債 | 10.59% | -4.72% | -7.85% | |
| 2 | TSLA | Tesla Inc | 股票-循環性消費 | 5.35% | -1.09% | -6.90% | |
| 3 | IWM | Ishares Russell 2000 ETF | ETF-中小型股 | 5.14% | -1.35% | -2.90% | |
| 4 | NVDA | Nvidia CORP | 股票-科技 | 5.14% | +0.39% | -16.83% | |
| 5 | AVGO | Broadcom Inc | 股票-科技 | 3.19% | +0.24% | -21.34% | |
| 6 | MSFT | Microsoft CORP | 股票-科技 | 2.36% | -0.16% | -0.68% | |
| 7 | AAPL | Apple Inc | 股票-科技 | 2.35% | +0.06% | -5.81% | |
| 8 | AMD | Advanced Micro Devices | 股票-科技 | 2.30% | +2.11% | -35.33% | |
| 9 | FXI | Ishares China Large-cap ETF | ETF-新興市場 | 1.78% | -0.87% | +2.99% | |
| 10 | QCOM | Qualcomm Inc | 股票-科技 | 1.76% | — | -26.20% | |
| 11 | MU | Micron Technology Inc | 股票-科技 | 1.71% | +4.95% | -23.50% | |
| 12 | GDX | Vaneck Gold Miners ETF | ETF-避險與商品 | 1.62% | -1.04% | +0.12% | |
| 13 | INTC | Intel CORP | 股票-科技 | 1.57% | +1.96% | -25.73% | |
| 14 | TXN | Texas Instruments Inc | 股票-科技 | 1.56% | +0.40% | -25.62% | |
| 15 | LRCX | Lam Research CORP | 股票-科技 | 1.54% | +1.19% | -25.21% | |
| 16 | AMAT | Applied Materials Inc | 股票-科技 | 1.48% | +1.00% | -11.13% | |
| 17 | KLAC | Kla CORP | 股票-科技 | 1.41% | +1.43% | -20.16% | |
| 18 | MRVL | Marvell Technology Inc | 股票-科技 | 1.36% | +1.06% | -14.05% | |
| 19 | ASML | ASML Holding N.V. | 股票-科技 | 1.26% | -0.07% | -2.93% | |
| 20 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 1.19% | +0.88% | -17.74% | |
| 21 | ADI | Analog Devices Inc | 股票-科技 | 1.14% | +0.37% | -20.90% | |
| 22 | MPWR | Monolithic Power Systems Inc | 股票-科技 | 1.13% | +0.04% | -28.31% | |
| 23 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 1.07% | -0.34% | +15.79% | |
| 24 | NXPI | NXP Semiconductors N.V. | 股票-科技 | 1.06% | +0.27% | -25.24% | |
| 25 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 1.04% | -0.28% | +1.32% | |
| 26 | MCHP | Microchip Technology Inc | 股票-科技 | 1.01% | +0.03% | -22.14% | |
| 27 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.94% | -0.20% | -0.97% | |
| 28 | AMZN | Amazon.com Inc | 股票-循環性消費 | 0.90% | -0.21% | +8.15% | |
| 29 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 0.75% | -0.31% | -5.18% | |
| 30 | ALAB | Astera Labs Inc | 股票-科技 | 0.68% | +1.03% | — | |
| 31 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 0.65% | -0.03% | -2.20% | |
| 32 | V | Visa Inc-class A Shares | 股票-金融 | 0.63% | -0.12% | -0.55% | |
| 33 | TER | Teradyne Inc | 股票-科技 | 0.62% | +0.36% | -35.63% | |
| 34 | ON | On Semiconductor | 股票-科技 | 0.61% | +0.09% | -34.63% | |
| 35 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.60% | -0.09% | -6.33% | |
| 36 | CRDO | Credo Technology Group Holding Ltd | 股票-科技 | 0.60% | +0.51% | — | |
| 37 | KWEB | Kranesh Csi China Internet | ETF-新興市場 | 0.55% | -0.33% | -0.49% | |
| 38 | MA | Mastercard Inc - A | 股票-金融 | 0.51% | -0.13% | +1.96% | |
| 39 | ORCL | Oracle CORP | 股票-科技 | 0.46% | -0.05% | -5.89% | |
| 40 | GDXJ | Vaneck Junior Gold Miners | ETF-避險與商品 | 0.43% | -0.42% | -14.99% | |
| 41 | ENTG | Entegris Inc | 股票-科技 | 0.38% | +0.07% | -35.36% | |
| 42 | BAC | Bank Of America CORP | 股票-金融 | 0.38% | -0.07% | +4.08% | |
| 43 | CSCO | Cisco Systems Inc | 股票-科技 | 0.36% | +0.04% | +2.59% | |
| 44 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.35% | — | -3.64% | |
| 45 | SWKS | Skyworks Solutions Inc | 股票-科技 | 0.32% | -0.02% | -35.72% | |
| 46 | RMBS | Rambus Inc | 股票-科技 | 0.30% | +0.04% | — | |
| 47 | IBM | Intl Business Machines CORP | 股票-科技 | 0.29% | -0.02% | +3.72% | |
| 48 | WFC | Wells Fargo & Co | 股票-金融 | 0.29% | -0.07% | -1.47% | |
| 49 | XOM | Exxon Mobil CORP | 股票-能源 | 0.28% | -0.25% | +1.62% | |
| 50 | CRM | Salesforce Inc | 股票-科技 | 0.27% | -0.08% | +3.76% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | TSLA | Tesla Inc | +1.7% | -6.90% | 加碼 |
| 2 | NVDA | Nvidia CORP | +1.3% | -16.83% | 加碼 |
| 3 | AVGO | Broadcom Inc | +0.9% | -21.34% | 減碼 |
| 4 | GDX | Vaneck Gold Miners ETF | +0.6% | +0.12% | 加碼 |
| 5 | MRVL | Marvell Technology Inc | +0.6% | -14.05% | 加碼 |
| 6 | MU | Micron Technology Inc | +0.6% | -23.50% | 加碼 |
| 7 | INTC | Intel CORP | +0.4% | -25.73% | 加碼 |
| 8 | LRCX | Lam Research CORP | +0.4% | -25.21% | 減碼 |
| 9 | MSFT | Microsoft CORP | +0.4% | -0.68% | 加碼 |
| 10 | AMD | Advanced Micro Devices | +0.4% | -35.33% | 加碼 |
| 11 | ASML | ASML Holding N.V. | +0.4% | -2.93% | 加碼 |
| 12 | AMAT | Applied Materials Inc | +0.4% | -11.13% | 加碼 |
| 13 | PLTR | Palantir Technologies Inc-a | +0.4% | -5.18% | 加碼 |
| 14 | TSM | Taiwan Semiconductor-sp Adr | +0.3% | -17.74% | 加碼 |
| 15 | KLAC | Kla CORP | +0.3% | -20.16% | 加碼 |
| 16 | APP | Applovin Corp-class A | +0.2% | +203.59% | 加碼 |
| 17 | GOOGL | Alphabet Inc-cl A | +0.2% | -2.20% | 加碼 |
| 18 | ORCL | Oracle CORP | +0.2% | -5.89% | 加碼 |
| 19 | MPWR | Monolithic Power Systems Inc | +0.2% | -28.31% | 減碼 |
| 20 | TER | Teradyne Inc | +0.2% | -35.63% | 加碼 |
| 21 | AAPL | Apple Inc | +0.2% | -5.81% | 加碼 |
| 22 | DHI | Dr Horton Inc | +0.1% | +78.18% | 加碼 |
| 23 | MCHP | Microchip Technology Inc | +0.1% | -22.14% | 加碼 |
| 24 | ADI | Analog Devices Inc | +0.1% | -20.90% | 加碼 |
| 25 | GOOG | Alphabet Inc-cl C | +0.1% | -3.64% | 加碼 |
| 26 | GE | General Electric | +0.1% | +2.69% | 加碼 |
| 27 | APH | Amphenol Corp-cl A | +0.1% | +3.76% | 加碼 |
| 28 | NXPI | NXP Semiconductors N.V. | +0.1% | -25.24% | 加碼 |
| 29 | AMZN | Amazon.com Inc | +0.1% | +8.15% | 加碼 |
| 30 | ANET | Arista Networks Inc | +0.1% | -0.30% | 加碼 |
| 31 | PHM | Pultegroup Inc | +0.1% | +74.89% | 加碼 |
| 32 | LEN | Lennar Corp-a | +0.1% | +74.17% | 加碼 |
| 33 | META | Meta Platforms Inc-class A | +0.1% | -6.33% | 加碼 |
| 34 | COF | Capital One Financial CORP | +0.1% | -0.02% | 加碼 |
| 35 | NVR | Nvr Inc | +0.1% | +75.32% | 加碼 |
| 36 | NFLX | Netflix Inc | 0% | +1.48% | 加碼 |
| 37 | RTX | Rtx CORP | 0% | +4.05% | 加碼 |
| 38 | DDOG | Datadog Inc - Class A | 0% | +100.90% | 加碼 |
| 39 | TOL | Toll Brothers Inc | 0% | +81.82% | 加碼 |
| 40 | STX | Seagate Technology Holdings plc | 0% | +1.33% | 加碼 |
| 41 | QQQ | Invesco Qqq Trust Series 1 | 0% | +15.79% | 加碼 |
| 42 | HD | Home Depot Inc | 0% | +24.61% | 加碼 |
| 43 | ARM | Arm Holdings Plc-adr | 0% | -11.77% | 加碼 |
| 44 | CRWD | Crowdstrike Holdings Inc - A | 0% | +2.07% | 加碼 |
| 45 | BA | Boeing Co/the | 0% | +7.11% | 加碼 |
| 46 | LOW | Lowe's Cos Inc | 0% | +44.24% | 加碼 |
| 47 | SHW | Sherwin-williams Co/the | 0% | +77.06% | 加碼 |
| 48 | GLW | Corning Inc | 0% | +4.40% | 加碼 |
| 49 | WDC | Western Digital CORP | 0% | -1.25% | 加碼 |
| 50 | IBKR | Interactive Brokers Gro-cl A | 0% | +1377.16% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Rafferty Asset Management, LLC 在 Q3 2025 季度的美股持倉總市值約為 US$439.2億，共申報了 1104 個公開持股部位。
在 Q3 2025 季度，Rafferty Asset Management, LLC 按市值排列的前三大核心持股分別為：TLT (10.6%)、TSLA (5.3%)、IWM (5.1%)。其中最大持股部位 TLT 佔據整體投資組合約 10.6% 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
ALAB
市值: US$2.1億
本季最大獲利了結 / 清倉標的
LSCC
前期市值: US$5734.0萬
在 Q3 2025 季度中，Rafferty Asset Management, LLC 共進行了 199 項持倉異動，包含新建倉 15 個部位、加碼 139 個部位、減碼 31 個部位以及清倉 14 個部位。 其中最大新建倉標的為 ALAB。 本季清倉部位包含 LSCC。
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。