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: 0001275228
申報總市值
US$7.2億
US$7.2億
126 檔
28.5%
截至 Q1 2025 季度末，Shenkman Capital Management Inc 的美股持倉估值約為 US$7.2億，全數申報部位共有 126 檔。
觀察 Q1 2025 的申報異動，Shenkman Capital Management Inc 採取了強勁的買進策略，建倉與加碼動作（合計 50 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。
檢視投資組合結構，前 5 大主力部位（包含 ETSY 0.25 06-15-28, BKLN, ECHO 3.875 11-30-30）占據了總市值的 28.5%，展現出該機構在 Q1 2025 的重點資金聚焦與風險分佈特徵。
| # | 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 | ETSY 0.25 06-15-28債券 | Etsy Inc | 債券 | 5.83% | +0.31% | +459.84% | |
| 2 | BKLN | Invesco Senior Loan ETF | ETF-其他 | 5.71% | +3.10% | +153.26% | |
| 3 | ECHO 3.875 11-30-30債券 | Echostar CORP | 債券 | 4.32% | — | +23.42% | |
| 4 | AKAM 1.125 02-15-29債券 | Akamai Technologies Inc | 債券 | 2.58% | -3.74% | EXIT | |
| 5 | UBER 0.875 12-01-28 2028債券 | Uber Technologies Inc | 債券 | 2.46% | -0.10% | +186.65% | |
| 6 | DOCN 0 12-01-26債券 | Digitalocean Holdings | 債券 | 2.11% | — | -41.69% | |
| 7 | COIN 0.5 06-01-26債券 | Coinbase Global Inc | 債券 | 2.07% | — | — | |
| 8 | USHY | Ishares Broad Usd High Yield | ETF-非投資等級債 | 1.83% | -0.57% | +580.65% | |
| 9 | TDOC 1.25 06-01-27債券 | Teladoc Health Inc | 債券 | 1.77% | — | -43.51% | |
| 10 | GPN 1.5 03-01-31債券 | Global Payments Inc | 債券 | 1.70% | -1.82% | — | |
| 11 | SABHLD 4 04-15-25債券 | Sabre Glbl Inc | 債券 | 1.66% | — | +1.43% | |
| 12 | W 1 08-15-26債券 | Wayfair Inc | 債券 | 1.45% | — | +194.71% | |
| 13 | DBX 0 03-01-28債券 | Dropbox Inc | 債券 | 1.41% | -1.93% | -34.62% | |
| 14 | ITRI 0 03-15-26債券 | Itron Inc | 債券 | 1.39% | — | -55.80% | |
| 15 | PSN 2.625 03-01-29債券 | Parsons CORP | 債券 | 1.38% | +2.47% | — | |
| 16 | IONS 1.75 06-15-28債券 | Ionis Pharmaceuticals In | 債券 | 1.37% | — | -31.17% | |
| 17 | LITE 0.5 06-15-28債券 | Lumentum Holdings Inc | 債券 | 1.36% | — | +41.39% | |
| 18 | BAC 0.6 05-25-27 MTN債券 | Bofa Finance LLC | 債券 | 1.29% | -0.27% | -8.76% | |
| 19 | CMS 3.375 05-01-28債券 | Cms Energy CORP | 債券 | 1.27% | +0.01% | -12.68% | |
| 20 | TYL 0.25 03-15-26債券 | Tyler Technologies Inc | 債券 | 1.26% | — | -21.33% | |
| 21 | EVRG 4.5 12-15-27債券 | Evergy Inc | 債券 | 1.25% | -0.97% | EXIT | |
| 22 | TREE | Lendingtree Inc | 股票-其他 | 1.20% | — | -38.48% | |
| 23 | NEE 3 03-01-27債券 | Nextera Energy Capital | 債券 | 1.16% | -1.07% | EXIT | |
| 24 | AEIS 2.5 09-15-28債券 | Advanced Energy Ind | 債券 | 1.09% | -0.30% | EXIT | |
| 25 | ON 0 05-01-27債券 | On Semiconductor CORP | 債券 | 1.08% | — | +38596.00% | |
| 26 | GH 0 11-15-27債券 | Guardant Health Inc | 債券 | 1.07% | — | -68.55% | |
| 27 | TTEK 2.25 08-15-28債券 | Tetra Tech Inc | 債券 | 1.03% | +0.16% | +22.61% | |
| 28 | ALNY 1 09-15-27債券 | Alnylam Pharmaceuticals | 債券 | 1.01% | — | -46.31% | |
| 29 | W 3.5 11-15-28債券 | Wayfair Inc | 債券 | 1.01% | — | +49.53% | |
| 30 | STX 3.5 06-01-28債券 | Seagate Hdd Cayman | 債券 | 0.99% | — | +7.85% | |
| 31 | FOUR 0 12-15-25債券 | Shift4 Payments Inc | 債券 | 0.98% | — | -39.67% | |
| 32 | ORA 2.5 07-15-27債券 | Ormat Technologies Inc | 債券 | 0.98% | — | — | |
| 33 | HALO 1 08-15-28債券 | Halozyme Therapeutics In | 債券 | 0.96% | — | -40.16% | |
| 34 | VSH 2.25 09-15-30債券 | Vishay Intertechnology | 債券 | 0.95% | -1.23% | EXIT | |
| 35 | SPOT 0 03-15-26債券 | Spotify USA Inc | 債券 | 0.94% | — | +7.74% | |
| 36 | LIVN 2.5 03-15-29債券 | Livanova PLC | 債券 | 0.94% | — | — | |
| 37 | LYFT 0.625 03-01-29債券 | Lyft Inc | 債券 | 0.91% | -0.84% | EXIT | |
| 38 | WK 1.25 08-15-28債券 | Workiva Inc | 債券 | 0.91% | — | -41.35% | |
| 39 | LITE 1.5 12-15-29債券 | Lumentum Holdings Inc | 債券 | 0.90% | — | -23.04% | |
| 40 | SIRI 3.75 03-15-28債券 | Sirius Xm Holdings | 債券 | 0.89% | — | -37.02% | |
| 41 | IRTC 1.5 09-01-29債券 | Irhythm Holdings Inc | 債券 | 0.89% | +0.02% | — | |
| 42 | FWONK 2.25 08-15-27債券 | Liberty Media CORP | 債券 | 0.89% | -0.44% | +12.41% | |
| 43 | VTR 3.75 06-01-26債券 | Ventas Realty LP | 債券 | 0.89% | — | -36.70% | |
| 44 | TNDM 1.5 03-15-29 2024債券 | Tandem Diabetes Care Inc | 債券 | 0.88% | — | — | |
| 45 | F 0 03-15-26債券 | Ford Motor Company | 債券 | 0.86% | — | +17.58% | |
| 46 | DUK 4.125 04-15-26債券 | Duke Energy CORP | 債券 | 0.86% | — | — | |
| 47 | POST 2.5 08-15-27債券 | Post Holdings Inc | 債券 | 0.85% | -0.02% | -16.46% | |
| 48 | CYTK 3.5 07-01-27債券 | Cytokinetics Inc | 債券 | 0.85% | — | +1637.50% | |
| 49 | RGEN 1 12-15-28債券 | Repligen CORP | 債券 | 0.85% | +0.45% | +94.78% | |
| 50 | ENOV 3.875 10-15-28債券 | Enovis CORP | 債券 | 0.83% | — | +21.57% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | ETSY 0.25 06-15-28債券 | Etsy Inc | — | NEW | 新建倉 |
| 2 | BKLN | Invesco Senior Loan ETF | — | NEW | 新建倉 |
| 3 | ECHO 3.875 11-30-30債券 | Echostar CORP | — | NEW | 新建倉 |
| 4 | AKAM 1.125 02-15-29債券 | Akamai Technologies Inc | — | NEW | 新建倉 |
| 5 | UBER 0.875 12-01-28 2028債券 | Uber Technologies Inc | — | NEW | 新建倉 |
| 6 | DOCN 0 12-01-26債券 | Digitalocean Holdings | — | NEW | 新建倉 |
| 7 | COIN 0.5 06-01-26債券 | Coinbase Global Inc | — | NEW | 新建倉 |
| 8 | USHY | Ishares Broad Usd High Yield | — | NEW | 新建倉 |
| 9 | TDOC 1.25 06-01-27債券 | Teladoc Health Inc | — | NEW | 新建倉 |
| 10 | GPN 1.5 03-01-31債券 | Global Payments Inc | — | NEW | 新建倉 |
| 11 | SABHLD 4 04-15-25債券 | Sabre Glbl Inc | — | NEW | 新建倉 |
| 12 | W 1 08-15-26債券 | Wayfair Inc | — | NEW | 新建倉 |
| 13 | DBX 0 03-01-28債券 | Dropbox Inc | — | NEW | 新建倉 |
| 14 | ITRI 0 03-15-26債券 | Itron Inc | — | NEW | 新建倉 |
| 15 | PSN 2.625 03-01-29債券 | Parsons CORP | — | NEW | 新建倉 |
| 16 | IONS 1.75 06-15-28債券 | Ionis Pharmaceuticals In | — | NEW | 新建倉 |
| 17 | LITE 0.5 06-15-28債券 | Lumentum Holdings Inc | — | NEW | 新建倉 |
| 18 | BAC 0.6 05-25-27 MTN債券 | Bofa Finance LLC | — | NEW | 新建倉 |
| 19 | CMS 3.375 05-01-28債券 | Cms Energy CORP | — | NEW | 新建倉 |
| 20 | TYL 0.25 03-15-26債券 | Tyler Technologies Inc | — | NEW | 新建倉 |
| 21 | EVRG 4.5 12-15-27債券 | Evergy Inc | — | NEW | 新建倉 |
| 22 | TREE | Lendingtree Inc | — | NEW | 新建倉 |
| 23 | NEE 3 03-01-27債券 | Nextera Energy Capital | — | NEW | 新建倉 |
| 24 | AEIS 2.5 09-15-28債券 | Advanced Energy Ind | — | NEW | 新建倉 |
| 25 | ON 0 05-01-27債券 | On Semiconductor CORP | — | NEW | 新建倉 |
| 26 | GH 0 11-15-27債券 | Guardant Health Inc | — | NEW | 新建倉 |
| 27 | TTEK 2.25 08-15-28債券 | Tetra Tech Inc | — | NEW | 新建倉 |
| 28 | ALNY 1 09-15-27債券 | Alnylam Pharmaceuticals | — | NEW | 新建倉 |
| 29 | W 3.5 11-15-28債券 | Wayfair Inc | — | NEW | 新建倉 |
| 30 | STX 3.5 06-01-28債券 | Seagate Hdd Cayman | — | NEW | 新建倉 |
| 31 | FOUR 0 12-15-25債券 | Shift4 Payments Inc | — | NEW | 新建倉 |
| 32 | ORA 2.5 07-15-27債券 | Ormat Technologies Inc | — | NEW | 新建倉 |
| 33 | HALO 1 08-15-28債券 | Halozyme Therapeutics In | — | NEW | 新建倉 |
| 34 | VSH 2.25 09-15-30債券 | Vishay Intertechnology | — | NEW | 新建倉 |
| 35 | SPOT 0 03-15-26債券 | Spotify USA Inc | — | NEW | 新建倉 |
| 36 | LIVN 2.5 03-15-29債券 | Livanova PLC | — | NEW | 新建倉 |
| 37 | LYFT 0.625 03-01-29債券 | Lyft Inc | — | NEW | 新建倉 |
| 38 | WK 1.25 08-15-28債券 | Workiva Inc | — | NEW | 新建倉 |
| 39 | LITE 1.5 12-15-29債券 | Lumentum Holdings Inc | — | NEW | 新建倉 |
| 40 | SIRI 3.75 03-15-28債券 | Sirius Xm Holdings | — | NEW | 新建倉 |
| 41 | IRTC 1.5 09-01-29債券 | Irhythm Holdings Inc | — | NEW | 新建倉 |
| 42 | FWONK 2.25 08-15-27債券 | Liberty Media CORP | — | NEW | 新建倉 |
| 43 | VTR 3.75 06-01-26債券 | Ventas Realty LP | — | NEW | 新建倉 |
| 44 | TNDM 1.5 03-15-29 2024債券 | Tandem Diabetes Care Inc | — | NEW | 新建倉 |
| 45 | F 0 03-15-26債券 | Ford Motor Company | — | NEW | 新建倉 |
| 46 | DUK 4.125 04-15-26債券 | Duke Energy CORP | — | NEW | 新建倉 |
| 47 | POST 2.5 08-15-27債券 | Post Holdings Inc | — | NEW | 新建倉 |
| 48 | CYTK 3.5 07-01-27債券 | Cytokinetics Inc | — | NEW | 新建倉 |
| 49 | RGEN 1 12-15-28債券 | Repligen CORP | — | NEW | 新建倉 |
| 50 | ENOV 3.875 10-15-28債券 | Enovis CORP | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Shenkman Capital Management Inc 在 Q1 2025 季度的美股持倉總市值約為 US$7.2億，共申報了 126 個公開持股部位。
在 Q1 2025 季度，Shenkman Capital Management Inc 按市值排列的前三大核心持股分別為：ETSY 0.25 06-15-28 (5.8%)、BKLN (5.7%)、ECHO 3.875 11-30-30 (4.3%)。其中最大持股部位 ETSY 0.25 06-15-28 佔據整體投資組合約 5.8% 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
ETSY 0.25 06-15-28
市值: US$5730.4萬
在 Q1 2025 季度中，Shenkman Capital Management Inc 共進行了 50 項持倉異動，包含新建倉 50 個部位、加碼 0 個部位、減碼 0 個部位以及清倉 0 個部位。 其中最大新建倉標的為 ETSY 0.25 06-15-28。
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。