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: 0000944234
申報總市值
US$24.6億
US$24.6億
240 檔
9.5%
在 Q4 2025 的 13F 官方備案中，Renaissance Group LLC 管理的美股投資組合規模來到 US$24.6億，整體持股檔數為 240 檔。
從 Q4 2025 申報觀察，Renaissance Group LLC 採取防禦導向的調倉策略，本季減碼 128 檔個股並出清 16 檔部位，顯示機構在該時期進行風險控制與流動性回收。
在資產配置集中度方面，Renaissance Group LLC 的前 5 大核心持股（包含 GOOGL, AVGO, AAPL 等）合計佔整體申報市值的 9.5%，反映機構在主要關鍵部位上的權重分佈。
本季最大新建倉標的
SCHW
市值: US$3495.7萬
本季最大獲利了結 / 清倉標的
BRO
前期市值: US$2345.4萬
僅顯示前 200 大持股（共 240 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 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 2.14% | +0.11% | -15.45% | |
| 2 | AVGO | Broadcom Inc | 股票-科技 | 1.92% | -0.10% | -10.21% | |
| 3 | AAPL | Apple Inc | 股票-科技 | 1.80% | -0.02% | -5.91% | |
| 4 | KLAC | Kla CORP | 股票-科技 | 1.79% | +0.63% | -6.30% | |
| 5 | APH | Amphenol Corp-cl A | 股票-科技 | 1.78% | +0.36% | -6.75% | |
| 6 | MSFT | Microsoft CORP | 股票-科技 | 1.70% | -0.11% | -4.02% | |
| 7 | TPR | Tapestry Inc | 股票-循環性消費 | 1.63% | -0.08% | -3.69% | |
| 8 | AMZN | Amazon.com Inc | 股票-循環性消費 | 1.61% | -0.01% | -3.28% | |
| 9 | JLL | Jones Lang Lasalle Inc | 股票-房地產 | 1.61% | -0.11% | -4.62% | |
| 10 | ANET | Arista Networks Inc | 股票-科技 | 1.59% | +0.26% | -5.75% | |
| 11 | APP | Applovin Corp-class A | 股票-科技 | 1.58% | +0.20% | -18.13% | |
| 12 | AMAT | Applied Materials Inc | 股票-科技 | 1.57% | +0.57% | -25.35% | |
| 13 | ULTA | Ulta Beauty Inc | 股票-循環性消費 | 1.56% | -0.37% | -2.80% | |
| 14 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.52% | -0.14% | -5.79% | |
| 15 | MCK | Mckesson CORP | 股票-醫療保健 | 1.52% | -0.21% | -5.18% | |
| 16 | CAH | Cardinal Health Inc | 股票-醫療保健 | 1.49% | +0.02% | -14.53% | |
| 17 | AMGN | Amgen Inc | 股票-醫療保健 | 1.48% | -0.08% | +25.67% | |
| 18 | JBL | Jabil Inc | 股票-科技 | 1.46% | -0.06% | +0.50% | |
| 19 | LRCX | Lam Research CORP | 股票-科技 | 1.46% | +0.52% | +1816.61% | |
| 20 | ROK | Rockwell Automation Inc | 股票-工業 | 1.46% | +0.31% | -1.34% | |
| 21 | FIX | Comfort Systems USA Inc | 股票-工業 | 1.45% | -0.10% | -26.39% | |
| 22 | V | Visa Inc-class A Shares | 股票-金融 | 1.44% | +0.04% | -0.07% | |
| 23 | MA | Mastercard Inc - A | 股票-金融 | 1.44% | -0.08% | -0.82% | |
| 24 | NBIX | Neurocrine Biosciences Inc | 股票-醫療保健 | 1.44% | +0.21% | +0.26% | |
| 25 | ABBV | Abbvie Inc | 股票-醫療保健 | 1.44% | +0.07% | -0.95% | |
| 26 | SCHW | Schwab (charles) CORP | 股票-金融 | 1.40% | -0.12% | — | |
| 27 | CDNS | Cadence Design Sys Inc | 股票-科技 | 1.36% | +0.01% | -2.43% | |
| 28 | EME | Emcor Group Inc | 股票-工業 | 1.35% | -0.33% | -20.84% | |
| 29 | NFLX | Netflix Inc | 股票-通訊服務 | 1.34% | -0.45% | +894.45% | |
| 30 | LOW | Lowe's Cos Inc | 股票-循環性消費 | 1.33% | -0.17% | -1.03% | |
| 31 | GWW | Ww Grainger Inc | 股票-工業 | 1.33% | +0.15% | +0.84% | |
| 32 | ECL | Ecolab Inc | 股票-原物料 | 1.32% | -0.01% | EXIT | |
| 33 | CRM | Salesforce Inc | 股票-科技 | 1.31% | -0.33% | +2.95% | |
| 34 | PTC | Ptc Inc | 股票-科技 | 1.30% | -0.30% | -0.89% | |
| 35 | HALO | Halozyme Therapeutics Inc | 股票-醫療保健 | 1.30% | +0.14% | +0.50% | |
| 36 | MCO | Moody's CORP | 股票-金融 | 1.30% | +0.01% | -4.19% | |
| 37 | NRG | Nrg Energy Inc | 股票-公用事業 | 1.30% | +0.12% | -4.30% | |
| 38 | ORLY | O'reilly Automotive Inc | 股票-循環性消費 | 1.30% | -0.01% | +0.18% | |
| 39 | PEGA | Pegasystems Inc | 股票-科技 | 1.30% | -0.21% | — | |
| 40 | HLI | Houlihan Lokey Inc | 股票-金融 | 1.29% | -0.91% | EXIT | |
| 41 | MSI | Motorola Solutions Inc | 股票-科技 | 1.29% | -0.20% | +0.92% | |
| 42 | UBER | Uber Technologies Inc | 股票-工業 | 1.23% | -0.07% | +0.69% | |
| 43 | NOW | Servicenow Inc | 股票-科技 | 1.15% | -1.16% | +410.18% | |
| 44 | ADBE | Adobe Inc | 股票-科技 | 1.15% | — | +1.43% | |
| 45 | APO | Apollo Global Management Inc | 股票-金融 | 1.14% | +0.16% | -10.44% | |
| 46 | BSX | Boston Scientific CORP | 股票-醫療保健 | 1.13% | -0.73% | EXIT | |
| 47 | INTU | Intuit Inc | 股票-科技 | 1.11% | -0.61% | +8.62% | |
| 48 | TW | Tradeweb Markets Inc-class A | 股票-金融 | 1.01% | -0.49% | -1.88% | |
| 49 | PYPL | Paypal Holdings Inc | 股票-金融 | 0.97% | — | -6.47% | |
| 50 | IT | Gartner Inc | 股票-科技 | 0.96% | — | +3.18% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | LRCX | Lam Research CORP | +1.4% | +1816.61% | 加碼 |
| 2 | AMGN | Amgen Inc | +0.5% | +25.67% | 加碼 |
| 3 | GOOGL | Alphabet Inc-cl A | +0.3% | -15.45% | 減碼 |
| 4 | CRM | Salesforce Inc | +0.2% | +2.95% | 加碼 |
| 5 | CAH | Cardinal Health Inc | +0.2% | -14.53% | 減碼 |
| 6 | TPR | Tapestry Inc | +0.2% | -3.69% | 減碼 |
| 7 | ROK | Rockwell Automation Inc | +0.2% | -1.34% | 減碼 |
| 8 | JLL | Jones Lang Lasalle Inc | +0.2% | -4.62% | 減碼 |
| 9 | ULTA | Ulta Beauty Inc | +0.2% | -2.80% | 減碼 |
| 10 | KLAC | Kla CORP | +0.2% | -6.30% | 減碼 |
| 11 | GWW | Ww Grainger Inc | +0.2% | +0.84% | 加碼 |
| 12 | JBL | Jabil Inc | +0.2% | +0.50% | 加碼 |
| 13 | APH | Amphenol Corp-cl A | +0.1% | -6.75% | 減碼 |
| 14 | TEVA | Teva Pharmaceutical-sp Adr | +0.1% | -7.20% | 減碼 |
| 15 | JAZZ | Jazz Pharmaceuticals plc | +0.1% | +6.54% | 加碼 |
| 16 | INTU | Intuit Inc | +0.1% | +8.62% | 加碼 |
| 17 | V | Visa Inc-class A Shares | +0.1% | -0.07% | 減碼 |
| 18 | AMZN | Amazon.com Inc | +0.1% | -3.28% | 減碼 |
| 19 | AAPL | Apple Inc | +0.1% | -5.91% | 減碼 |
| 20 | MCO | Moody's CORP | +0.1% | -4.19% | 減碼 |
| 21 | NBIX | Neurocrine Biosciences Inc | +0.1% | +0.26% | 加碼 |
| 22 | CWAN | Clearwater Analytics Holdings, Inc. | +0.1% | -6.39% | 減碼 |
| 23 | MCK | Mckesson CORP | +0.1% | -5.18% | 減碼 |
| 24 | ADBE | Adobe Inc | +0.1% | +1.43% | 加碼 |
| 25 | MA | Mastercard Inc - A | +0.1% | -0.82% | 減碼 |
| 26 | JHG | Janus Henderson Group plc | +0.1% | +13.34% | 加碼 |
| 27 | ADMA | Adma Biologics Inc | +0.1% | -7.92% | 減碼 |
| 28 | CPRX | Catalyst Pharmaceuticals Inc | +0.1% | -2.71% | 減碼 |
| 29 | MEDP | Medpace Holdings Inc | +0.1% | +0.58% | 加碼 |
| 30 | TMDX | Transmedics Group Inc | +0.1% | +1.51% | 加碼 |
| 31 | ABBV | Abbvie Inc | +0.1% | -0.95% | 減碼 |
| 32 | AER | AerCap Holdings N.V. | +0.1% | -6.97% | 減碼 |
| 33 | IT | Gartner Inc | +0.1% | +3.18% | 加碼 |
| 34 | APO | Apollo Global Management Inc | 0% | -10.44% | 減碼 |
| 35 | BLD | Topbuild CORP | 0% | +0.63% | 加碼 |
| 36 | PLMR | Palomar Holdings Inc | 0% | -8.60% | 減碼 |
| 37 | CTRE | Caretrust Reit Inc | 0% | +0.97% | 加碼 |
| 38 | FTI | TechnipFMC plc | 0% | -6.53% | 減碼 |
| 39 | GOOG | Alphabet Inc-cl C | 0% | -0.84% | 減碼 |
| 40 | MRX | Marex Group plc | 0% | -7.74% | 減碼 |
| 41 | NMIH | Nmi Holdings Inc | 0% | -2.19% | 減碼 |
| 42 | AXS | AXIS Capital Holdings Limited | 0% | -6.69% | 減碼 |
| 43 | TIGO | Millicom International Cellular S.A. | 0% | -10.83% | 減碼 |
| 44 | HURN | Huron Consulting Group Inc | 0% | -13.76% | 減碼 |
| 45 | ENSG | Ensign Group Inc/the | 0% | +0.71% | 加碼 |
| 46 | AX | Axos Financial Inc | 0% | -0.49% | 減碼 |
| 47 | LOW | Lowe's Cos Inc | 0% | -1.03% | 減碼 |
| 48 | ECL | Ecolab Inc | 0% | -0.24% | 減碼 |
| 49 | TW | Tradeweb Markets Inc-class A | 0% | -1.88% | 減碼 |
| 50 | BL | Blackline Inc | 0% | -0.02% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Renaissance Group LLC 在 Q4 2025 季度的美股持倉總市值約為 US$24.6億，共申報了 240 個公開持股部位。
在 Q4 2025 季度，Renaissance Group LLC 按市值排列的前三大核心持股分別為：GOOGL (2.1%)、AVGO (1.9%)、AAPL (1.8%)。其中最大持股部位 GOOGL 佔據整體投資組合約 2.1% 的權重。
在 Q4 2025 季度中，Renaissance Group LLC 共進行了 200 項持倉異動，包含新建倉 17 個部位、加碼 39 個部位、減碼 128 個部位以及清倉 16 個部位。 其中最大新建倉標的為 SCHW。 本季清倉部位包含 BRO。
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。
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。
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。