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: 0001054587
申報總市值
US$122.7億
US$122.7億
337 檔
15.6%
Sculptor Capital LP 在 Q4 2025 季度的美股部位總計估值為 US$122.7億，分散於 337 個持倉標的之中，反映其市場參與廣度與投資規模。
Q4 2025 數據顯示 Sculptor Capital LP 積極進場，新開立 56 個部位並同步加碼 49 檔個股，反映機構在該季度的資金注入與籌碼積累。
從部位權重觀察，前 5 大標的（包含 FWONK, WDC 3 11-15-28, SHC）累計市值佔比達 15.6%，是驅動 Sculptor Capital LP 該季度整體投資組合績效表現的核心支柱。
僅顯示前 200 大持股（共 337 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 | FWONK | Liberty Media Corp-formula-c | 股票-通訊服務 | 4.79% | -0.58% | — | |
| 2 | WDC 3 11-15-28債券 | Western Digital CORP | 債券 | 4.74% | -5.23% | EXIT | |
| 3 | SHC | Sotera Health Co | 股票-其他 | 3.81% | +0.23% | +57.40% | |
| 4 | LITE 1.5 12-15-29債券 | Lumentum Holdings Inc | 債券 | 3.17% | -6.08% | EXIT | |
| 5 | TSLA | Tesla Inc | 股票-循環性消費 | 3.15% | -0.77% | EXIT | |
| 6 | LITE 0.5 12-15-26債券 | Lumentum Holdings Inc | 債券 | 3.04% | -4.16% | EXIT | |
| 7 | GMED | Globus Medical Inc - A | 股票-醫療保健 | 2.70% | -0.81% | -14.29% | |
| 8 | NVDA | Nvidia CORP | 股票-科技 | 2.59% | +0.65% | +288.18% | |
| 9 | LITE 0.5 06-15-28債券 | Lumentum Holdings Inc | 債券 | 2.53% | -4.89% | EXIT | |
| 10 | KVUE | Kenvue Inc | 股票-非循環性消費 | 2.29% | -1.68% | +1023.48% | |
| 11 | STX 3.5 06-01-28債券 | Seagate Hdd Cayman | 債券 | 1.73% | -0.10% | EXIT | |
| 12 | EA | Electronic Arts Inc | 股票-通訊服務 | 1.57% | — | +131.58% | |
| 13 | LYV | Live Nation Entertainment In | 股票-通訊服務 | 1.56% | -0.02% | — | |
| 14 | NSC | Norfolk Southern CORP | 股票-工業 | 1.51% | -1.03% | — | |
| 15 | MSTR 0.625 09-15-28債券 | Strategy Inc | 債券 | 1.48% | -0.29% | EXIT | |
| 16 | BRKR | Bruker CORP | 股票-醫療保健 | 1.46% | +1.28% | -2.43% | |
| 17 | ECHO | Echostar Corp-a | 股票-通訊服務 | 1.43% | -1.34% | +46.80% | |
| 18 | BAC | Bank Of America CORP | 股票-金融 | 1.21% | -0.19% | +63.97% | |
| 19 | BABA 0.5 06-01-31債券 | Alibaba Group Holding | 債券 | 1.16% | -0.40% | +61.11% | |
| 20 | RIVN | Rivian Automotive Inc-a | 股票-循環性消費 | 1.11% | -0.05% | -18.42% | |
| 21 | VIK | Viking Holdings Ltd | 股票-循環性消費 | 1.10% | +0.55% | +26.90% | |
| 22 | HLN | Haleon Plc-adr | 股票-醫療保健 | 1.09% | -0.55% | EXIT | |
| 23 | GWRE | Guidewire Software Inc | 股票-科技 | 1.06% | -0.34% | +33.51% | |
| 24 | BE | Bloom Energy Corp- A | 股票-工業 | 0.99% | +0.30% | +0.15% | |
| 25 | RIVN 3.625 10-15-30債券 | Rivian Auto Inc | 債券 | 0.98% | -0.41% | -32.00% | |
| 26 | PATK 1.75 12-01-28債券 | Patrick Industries Inc | 債券 | 0.97% | -0.39% | +10.08% | |
| 27 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 0.97% | -0.15% | -19.35% | |
| 28 | AMZN | Amazon.com Inc | 股票-循環性消費 | 0.95% | +0.56% | NEW | |
| 29 | LLYVA | Liberty Live Holdings-a | 股票-其他 | 0.92% | -0.14% | — | |
| 30 | FWONA | Liberty Media Corp-formula-a | 股票-其他 | 0.92% | -0.10% | +33.33% | |
| 31 | BTU 3.25 03-01-28債券 | Peabody Energy CORP | 債券 | 0.87% | -0.83% | +17.96% | |
| 32 | SNOW 0 10-01-27債券 | Snowflake Inc | 債券 | 0.87% | +0.28% | +41.12% | |
| 33 | LLYVK | Liberty Live Holdings-c | 股票-其他 | 0.85% | -0.12% | — | |
| 34 | SGI | Somnigroup International Inc | 股票-循環性消費 | 0.83% | — | -34.88% | |
| 35 | FCNCA | First Citizens Bcshs -cl A | 股票-金融 | 0.80% | — | — | |
| 36 | FHN | First Horizon CORP | 股票-金融 | 0.77% | -0.09% | -17.69% | |
| 37 | APO 6.75 07-31-26債券 | Apollo Global Management | 債券 | 0.74% | +0.21% | +47.86% | |
| 38 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 0.73% | +1.90% | NEW | |
| 39 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 0.73% | +8.90% | +41.64% | |
| 40 | NET 0 08-15-26債券 | Cloudflare Inc | 債券 | 0.72% | -0.55% | EXIT | |
| 41 | SNOW 0 10-01-29債券 | Snowflake Inc | 債券 | 0.72% | -0.47% | -5.26% | |
| 42 | PPL 2.875 03-15-28債券 | Ppl Capital Funding Inc | 債券 | 0.71% | -0.05% | +14.55% | |
| 43 | PK | Park Hotels & Resorts Inc | 股票-房地產 | 0.70% | -0.36% | EXIT | |
| 44 | F 0 03-15-26債券 | Ford Motor Company | 債券 | 0.69% | — | -7.14% | |
| 45 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.68% | +2.48% | +0.40% | |
| 46 | ✓ | Cyberark Software LTD. Cmn | 股票-其他 | 0.60% | — | -36.72% | |
| 47 | LITE | Lumentum Holdings Inc | 股票-科技 | 0.60% | -0.05% | +5770.37% | |
| 48 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.55% | -0.50% | EXIT | |
| 49 | SMCI | Super Micro Computer Inc | 股票-科技 | 0.54% | — | +15.33% | |
| 50 | PCG 4.25 12-01-27債券 | Pg&e CORP | 債券 | 0.53% | +0.35% | +100.00% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | WDC 3 11-15-28債券 | Western Digital CORP | +3% | +123.19% | 加碼 |
| 2 | KVUE | Kenvue Inc | +2.1% | +1023.48% | 加碼 |
| 3 | NVDA | Nvidia CORP | +1.8% | +288.18% | 加碼 |
| 4 | LITE 0.5 06-15-28債券 | Lumentum Holdings Inc | +1.8% | +82.11% | 加碼 |
| 5 | LITE 1.5 12-15-29債券 | Lumentum Holdings Inc | +1.7% | +10.25% | 加碼 |
| 6 | LITE 0.5 12-15-26債券 | Lumentum Holdings Inc | +1.5% | — | 不變 |
| 7 | SHC | Sotera Health Co | +1.3% | +57.40% | 加碼 |
| 8 | EA | Electronic Arts Inc | +0.8% | +131.58% | 加碼 |
| 9 | ECHO | Echostar Corp-a | +0.7% | +46.80% | 加碼 |
| 10 | LITE | Lumentum Holdings Inc | +0.6% | +5770.37% | 加碼 |
| 11 | STX 3.5 06-01-28債券 | Seagate Hdd Cayman | +0.5% | +33.33% | 加碼 |
| 12 | BAC | Bank Of America CORP | +0.4% | +63.97% | 加碼 |
| 13 | GMED | Globus Medical Inc - A | +0.3% | -14.29% | 減碼 |
| 14 | BRKR | Bruker CORP | +0.3% | -2.43% | 減碼 |
| 15 | FWONK 2.25 08-15-27債券 | Liberty Media CORP | +0.2% | +152.55% | 加碼 |
| 16 | VIK | Viking Holdings Ltd | +0.2% | +26.90% | 加碼 |
| 17 | PCG 4.25 12-01-27債券 | Pg&e CORP | +0.2% | +100.00% | 加碼 |
| 18 | CHEF 2.375 12-15-28債券 | Chefs' Warehouse THE | +0.2% | +178.97% | 加碼 |
| 19 | APO 6.75 07-31-26債券 | Apollo Global Management | +0.2% | +47.86% | 加碼 |
| 20 | TSM | Taiwan Semiconductor-sp Adr | +0.2% | +41.64% | 加碼 |
| 21 | NCLH 1.125 02-15-27債券 | Ncl Corporation LTD | +0.2% | +266.67% | 加碼 |
| 22 | BABA 0.5 06-01-31債券 | Alibaba Group Holding | +0.2% | +61.11% | 加碼 |
| 23 | HTHT 3 05-01-26債券 | H World Group LTD | +0.2% | +85.00% | 加碼 |
| 24 | SNOW 0 10-01-27債券 | Snowflake Inc | +0.2% | +41.12% | 加碼 |
| 25 | CRWV | Coreweave Inc-cl A | +0.2% | +556.75% | 加碼 |
| 26 | KLAR | Klarna Group plc | +0.2% | +365.67% | 加碼 |
| 27 | AVGO | Broadcom Inc | +0.1% | +87.00% | 加碼 |
| 28 | BTU 3.25 03-01-28債券 | Peabody Energy CORP | +0.1% | +17.96% | 加碼 |
| 29 | RKLB | Rocket Lab CORP | +0.1% | +52.30% | 加碼 |
| 30 | FWONA | Liberty Media Corp-formula-a | +0.1% | +33.33% | 加碼 |
| 31 | AMCX 4.25 02-15-29 *債券 | Amc Global Media Inc | +0.1% | +80.41% | 加碼 |
| 32 | CEPO | Cantor Equity Partners I, Inc. | +0.1% | +650.00% | 加碼 |
| 33 | SPY | Ss Spdr S&p 500 ETF Trust-us | +0.1% | +33.33% | 加碼 |
| 34 | CCL1EUR | Carnival CORP LTD | +0.1% | +48.38% | 加碼 |
| 35 | ✓ | +0.1% | +325.00% | 加碼 | |
| 36 | HLN | Haleon Plc-adr | 0% | +5.08% | 加碼 |
| 37 | FCNCA | First Citizens Bcshs -cl A | 0% | — | 不變 |
| 38 | INFY | Infosys Ltd-sp Adr | 0% | +35.07% | 加碼 |
| 39 | PAR 1.5 10-15-27債券 | Par Technology CORP | 0% | +50.00% | 加碼 |
| 40 | GWRE | Guidewire Software Inc | 0% | +33.51% | 加碼 |
| 41 | AER | AerCap Holdings N.V. | 0% | — | 不變 |
| 42 | PATK 1.75 12-01-28債券 | Patrick Industries Inc | — | +10.08% | 加碼 |
| 43 | TMDX 1.5 06-01-28債券 | Transmedics Group Inc | — | +6.38% | 加碼 |
| 44 | PPL 2.875 03-15-28債券 | Ppl Capital Funding Inc | 0% | +14.55% | 加碼 |
| 45 | SNOW | Snowflake Inc | 0% | +10.50% | 加碼 |
| 46 | RIVN | Rivian Automotive Inc-a | -0.1% | -18.42% | 減碼 |
| 47 | MP | Mp Materials CORP | -0.1% | — | 不變 |
| 48 | AIRS | Airsculpt Technologies Inc | -0.1% | +0.19% | 加碼 |
| 49 | ✓ | -0.1% | -68.04% | 減碼 | |
| 50 | SMR | Nuscale Power CORP | -0.1% | — | 不變 |
根據 SEC 官方 Form 13F 申報備案，Sculptor Capital LP 在 Q4 2025 季度的美股持倉總市值約為 US$122.7億，共申報了 337 個公開持股部位。
在 Q4 2025 季度，Sculptor Capital LP 按市值排列的前三大核心持股分別為：FWONK (4.8%)、WDC 3 11-15-28 (4.7%)、SHC (3.8%)。其中最大持股部位 FWONK 佔據整體投資組合約 4.8% 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
TSLA
市值: US$3.1億
本季最大獲利了結 / 清倉標的
SEALTD 2.375 12-01-25
前期市值: US$2.0億
在 Q4 2025 季度中，Sculptor Capital LP 共進行了 182 項持倉異動，包含新建倉 56 個部位、加碼 49 個部位、減碼 39 個部位以及清倉 38 個部位。 其中最大新建倉標的為 TSLA。 本季清倉部位包含 SEALTD 2.375 12-01-25。
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。