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: 0001000742
申報總市值
US$2.0億
US$2.0億
149 檔
87.2%
根據最新整理的 13F 季度數據集，Sandler Capital Management 於 Q4 2024 結束時的管理資產規模為 US$2.0億。該機構在本季度申報了 149 檔美股持倉，呈現出該時期的主要投資地圖。
Sandler Capital Management 在 Q4 2024 進行了結構性的板塊輪動與部位換股。在開立 68 個全新部位及加碼 36 檔持股的同時，亦同步清倉 55 檔並減碼 32 檔標的。
檢視投資組合結構，前 5 大主力部位（包含 TSM, COF, UPST）占據了總市值的 87.2%，展現出該機構在 Q4 2024 的重點資金聚焦與風險分佈特徵。
本季最大新建倉標的
AAPL
市值: US$1657.8萬
本季最大獲利了結 / 清倉標的
ANETEUR
前期市值: US$2024.7萬
| # | 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 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 7.51% | -4.74% | +17.56% | |
| 2 | COF | Capital One Financial CORP | 股票-金融 | 3.70% | — | +212.50% | |
| 3 | UPST | Upstart Holdings Inc | 股票-金融 | 2.97% | +0.40% | +481.13% | |
| 4 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 2.22% | — | +3.78% | |
| 5 | GME | Gamestop Corp-class A | 股票-循環性消費 | 1.84% | — | +74.21% | |
| 6 | AAPL | Apple Inc | 股票-科技 | 1.72% | -1.08% | — | |
| 7 | SHOP | Shopify Inc - Class A | 股票-科技 | 1.61% | -0.56% | EXIT | |
| 8 | C | Citigroup Inc | 股票-金融 | 1.46% | — | — | |
| 9 | BG | Bunge Global SA | 股票-非循環性消費 | 1.33% | — | — | |
| 10 | P | Everpure Inc-a | 股票-科技 | 1.26% | — | — | |
| 11 | SHOO | Steven Madden LTD | 股票-其他 | 1.22% | — | — | |
| 12 | BXMT | Blackstone Mortgage Tru-cl A | 股票-房地產 | 1.21% | — | +66.35% | |
| 13 | SYK | Stryker CORP | 股票-醫療保健 | 1.21% | — | +135.86% | |
| 14 | NET | Cloudflare Inc - Class A | 股票-科技 | 1.17% | -0.64% | EXIT | |
| 15 | AMZN | Amazon.com Inc | 股票-循環性消費 | 1.15% | +0.31% | +13.70% | |
| 16 | SYF | Synchrony Financial | 股票-金融 | 1.14% | — | — | |
| 17 | ABR | Arbor Realty Trust Inc | 股票-房地產 | 1.13% | — | +10.02% | |
| 18 | CRL | Charles River Laboratories | 股票-醫療保健 | 1.11% | — | +1104.97% | |
| 19 | LITE | Lumentum Holdings Inc | 股票-科技 | 1.11% | -0.08% | — | |
| 20 | FWONK | Liberty Media Corp-formula-c | 股票-通訊服務 | 1.09% | +1.40% | NEW | |
| 21 | MRVL | Marvell Technology Inc | 股票-科技 | 1.08% | -1.35% | — | |
| 22 | TKO | Tko Group Holdings Inc | 股票-通訊服務 | 1.07% | -1.98% | -56.73% | |
| 23 | CCJ | Cameco CORP | 股票-能源 | 1.07% | +0.42% | NEW | |
| 24 | WMB | Williams Cos Inc | 股票-能源 | 1.06% | — | +45.67% | |
| 25 | ROKU | Roku Inc | 股票-通訊服務 | 1.06% | +1.87% | — | |
| 26 | GDDY | Godaddy Inc - Class A | 股票-科技 | 1.06% | — | — | |
| 27 | MSFT | Microsoft CORP | 股票-科技 | 1.04% | — | — | |
| 28 | MIR | Mirion Technologies Inc | 股票-工業 | 1.04% | -0.18% | EXIT | |
| 29 | VRSK | Verisk Analytics Inc | 股票-工業 | 1.01% | — | +64.16% | |
| 30 | ETN | Eaton Corporation plc | 股票-工業 | 1.00% | — | -42.43% | |
| 31 | SPOT | Spotify Technology S.A. | 股票-通訊服務 | 0.99% | +1.20% | NEW | |
| 32 | WIX | Wix.com Ltd. | 股票-科技 | 0.99% | — | — | |
| 33 | MLM | Martin Marietta Materials | 股票-原物料 | 0.98% | — | +70.23% | |
| 34 | GVA | Granite Construction Inc | 股票-工業 | 0.97% | — | +63.84% | |
| 35 | SHW | Sherwin-williams Co/the | 股票-原物料 | 0.96% | — | +74.57% | |
| 36 | GLW | Corning Inc | 股票-科技 | 0.95% | -0.99% | -40.64% | |
| 37 | CBOE | Cboe Global Markets Inc | 股票-金融 | 0.94% | -0.30% | +33.21% | |
| 38 | RDDT | Reddit Inc-cl A | 股票-通訊服務 | 0.93% | -0.15% | EXIT | |
| 39 | NFLX | Netflix Inc | 股票-通訊服務 | 0.89% | — | +19.62% | |
| 40 | KHC | Kraft Heinz Co/the | 股票-非循環性消費 | 0.86% | — | — | |
| 41 | HOOD | Robinhood Markets Inc - A | 股票-金融 | 0.85% | +0.06% | — | |
| 42 | ✓ | Cyberark Software LTD. Cmn | 股票-其他 | 0.83% | — | -10.27% | |
| 43 | CW | Curtiss-wright CORP | 股票-工業 | 0.83% | -0.26% | -42.81% | |
| 44 | ANET | Arista Networks Inc | 股票-科技 | 0.82% | — | — | |
| 45 | GOGO | Gogo Inc | 股票-其他 | 0.78% | -0.20% | EXIT | |
| 46 | TRMB | Trimble Inc | 股票-科技 | 0.78% | -0.47% | -15.06% | |
| 47 | WCC | Wesco International Inc | 股票-工業 | 0.75% | — | — | |
| 48 | LNG | Cheniere Energy Inc | 股票-能源 | 0.74% | — | — | |
| 49 | CMI | Cummins Inc | 股票-工業 | 0.74% | — | — | |
| 50 | FICO | Fair Isaac CORP | 股票-科技 | 0.73% | — | +81.18% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | UPST | Upstart Holdings Inc | +2.6% | +481.13% | 加碼 |
| 2 | COF | Capital One Financial CORP | +2.4% | +212.50% | 加碼 |
| 3 | AAPL | Apple Inc | +1.7% | NEW | 新建倉 |
| 4 | C | Citigroup Inc | +1.5% | NEW | 新建倉 |
| 5 | BG | Bunge Global SA | +1.3% | NEW | 新建倉 |
| 6 | P | Everpure Inc-a | +1.3% | NEW | 新建倉 |
| 7 | SHOO | Steven Madden LTD | +1.2% | NEW | 新建倉 |
| 8 | NET | Cloudflare Inc - Class A | +1.2% | NEW | 新建倉 |
| 9 | SYF | Synchrony Financial | +1.1% | NEW | 新建倉 |
| 10 | LITE | Lumentum Holdings Inc | +1.1% | NEW | 新建倉 |
| 11 | MRVL | Marvell Technology Inc | +1.1% | NEW | 新建倉 |
| 12 | ROKU | Roku Inc | +1.1% | NEW | 新建倉 |
| 13 | GDDY | Godaddy Inc - Class A | +1.1% | NEW | 新建倉 |
| 14 | MSFT | Microsoft CORP | +1% | NEW | 新建倉 |
| 15 | CRL | Charles River Laboratories | +1% | +1104.97% | 加碼 |
| 16 | SPOT | Spotify Technology S.A. | +1% | NEW | 新建倉 |
| 17 | WIX | Wix.com Ltd. | +1% | NEW | 新建倉 |
| 18 | RDDT | Reddit Inc-cl A | +0.9% | NEW | 新建倉 |
| 19 | SHOP | Shopify Inc - Class A | +0.9% | +110.20% | 加碼 |
| 20 | GME | Gamestop Corp-class A | +0.9% | +74.21% | 加碼 |
| 21 | KHC | Kraft Heinz Co/the | +0.9% | NEW | 新建倉 |
| 22 | HOOD | Robinhood Markets Inc - A | +0.9% | NEW | 新建倉 |
| 23 | ANET | Arista Networks Inc | +0.8% | NEW | 新建倉 |
| 24 | WCC | Wesco International Inc | +0.8% | NEW | 新建倉 |
| 25 | LNG | Cheniere Energy Inc | +0.7% | NEW | 新建倉 |
| 26 | CMI | Cummins Inc | +0.7% | NEW | 新建倉 |
| 27 | GM | General Motors Co | +0.7% | NEW | 新建倉 |
| 28 | CRM | Salesforce Inc | +0.7% | NEW | 新建倉 |
| 29 | CMCSA | Comcast Corp-class A | +0.7% | NEW | 新建倉 |
| 30 | FISV | Fiserv Inc | +0.7% | +1560.75% | 加碼 |
| 31 | WM | Waste Management Inc | +0.7% | NEW | 新建倉 |
| 32 | TREX | Trex Company Inc | +0.6% | NEW | 新建倉 |
| 33 | SMCI | Super Micro Computer Inc | +0.6% | NEW | 新建倉 |
| 34 | DOCU | Docusign Inc | +0.6% | NEW | 新建倉 |
| 35 | DLR | Digital Realty Trust Inc | +0.6% | NEW | 新建倉 |
| 36 | MO | Altria Group Inc | +0.6% | NEW | 新建倉 |
| 37 | HUBS | Hubspot Inc | +0.6% | NEW | 新建倉 |
| 38 | WST | West Pharmaceutical Services | +0.6% | NEW | 新建倉 |
| 39 | PKG | Packaging CORP Of America | +0.6% | NEW | 新建倉 |
| 40 | VLTO | Veralto CORP | +0.6% | NEW | 新建倉 |
| 41 | SYK | Stryker CORP | +0.6% | +135.86% | 加碼 |
| 42 | MIR | Mirion Technologies Inc | +0.5% | +65.93% | 加碼 |
| 43 | IT | Gartner Inc | +0.5% | NEW | 新建倉 |
| 44 | RSG | Republic Services Inc | +0.5% | NEW | 新建倉 |
| 45 | COHR | Coherent CORP | +0.5% | NEW | 新建倉 |
| 46 | GEV | GE Vernova Inc | +0.5% | NEW | 新建倉 |
| 47 | VRT | Vertiv Holdings Co-a | +0.5% | NEW | 新建倉 |
| 48 | WWD | Woodward Inc | +0.5% | NEW | 新建倉 |
| 49 | RCL | Royal Caribbean Cruises Ltd. | +0.5% | NEW | 新建倉 |
| 50 | DECK | Deckers Outdoor CORP | +0.5% | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Sandler Capital Management 在 Q4 2024 季度的美股持倉總市值約為 US$2.0億，共申報了 149 個公開持股部位。
在 Q4 2024 季度，Sandler Capital Management 按市值排列的前三大核心持股分別為：TSM (7.5%)、COF (3.7%)、UPST (3.0%)。其中最大持股部位 TSM 佔據整體投資組合約 7.5% 的權重。
在 Q4 2024 季度中，Sandler Capital Management 共進行了 191 項持倉異動，包含新建倉 68 個部位、加碼 36 個部位、減碼 32 個部位以及清倉 55 個部位。 其中最大新建倉標的為 AAPL。 本季清倉部位包含 ANETEUR。
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。
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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。