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: 0001180391
申報總市值
US$2551.2萬
US$2551.2萬
45 檔
93.5%
截至 Q4 2024 季度末，Smh Capital Advisors Inc 的美股持倉估值約為 US$2551.2萬，全數申報部位共有 45 檔。
在 Q4 2024，Smh Capital Advisors Inc 展現出較為審慎的避險與獲利了結姿態。本季共減碼 24 個部位並完全清倉 6 檔持股，調降曝險的部位數量高於加碼動作。
檢視投資組合結構，前 5 大主力部位（包含 WT 3.25 06-15-26, CSWC 5.125 11-15-29, TRIN）占據了總市值的 93.5%，展現出該機構在 Q4 2024 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 | WT 3.25 06-15-26債券 | Wisdomtree Investments | 債券 | 24.91% | — | -0.05% | |
| 2 | CSWC 5.125 11-15-29債券 | Capital Southwest CORP | 債券 | 19.04% | -29.24% | — | |
| 3 | TRIN | Trinity Capital Inc | 股票-其他 | 4.60% | +4.82% | +180.12% | |
| 4 | EZPW 2.375 05-01-25債券 | Ezcorp Inc | 債券 | 4.54% | — | -0.26% | |
| 5 | WT 5.75 08-15-28債券 | Wisdomtree Inc | 債券 | 4.49% | — | -0.48% | |
| 6 | CODI | Compass Diversified Holdings | 股票-其他 | 4.40% | — | — | |
| 7 | SPHY | Ss Spdr P High Yield ETF | ETF-非投資等級債 | 3.40% | — | — | |
| 8 | VICI | Vici Properties Inc | 股票-房地產 | 2.96% | +1.78% | +54.24% | |
| 9 | MAIN | Main Street Capital CORP | 股票-金融 | 2.67% | +1.62% | -0.76% | |
| 10 | CSWC | Capital Southwest CORP | 股票-其他 | 2.48% | +2.56% | +195.01% | |
| 11 | CIVI | Civitas Resources Inc | 股票-其他 | 2.24% | — | +394.45% | |
| 12 | CG | Carlyle Group Inc/the | 股票-金融 | 1.84% | +0.49% | -5.32% | |
| 13 | T | At&t Inc | 股票-通訊服務 | 1.51% | — | -4.57% | |
| 14 | PSEC | Prospect Capital CORP | 股票-其他 | 1.50% | -3.15% | EXIT | |
| 15 | ENB | Enbridge Inc | 股票-能源 | 1.50% | — | -0.03% | |
| 16 | PNNT | Pennantpark Investment CORP | 股票-其他 | 1.17% | — | — | |
| 17 | VZ | Verizon Communications Inc | 股票-通訊服務 | 1.10% | — | -1.10% | |
| 18 | O | Realty Income CORP | 股票-房地產 | 1.01% | — | -0.52% | |
| 19 | HASI | Ha Sustainable Infrastructur | 股票-金融 | 0.90% | -0.90% | EXIT | |
| 20 | RITM | Rithm Capital CORP | 股票-房地產 | 0.88% | +0.65% | -1.39% | |
| 21 | NXDT | Nexpoint Diversified Real Es | 股票-其他 | 0.87% | +0.45% | +0.83% | |
| 22 | VWO | Vanguard Ftse Emerging Marke | ETF-新興市場 | 0.82% | +0.63% | +0.53% | |
| 23 | VCTR | Victory Capital Holding - A | 股票-其他 | 0.79% | — | -8.81% | |
| 24 | EFA | Ishares Msci Eafe ETF | ETF-其他 | 0.77% | +0.57% | +0.31% | |
| 25 | CSQ | Calamos Strat Ttl Rtrn Fnd | 股票-其他 | 0.67% | +0.51% | -2.57% | |
| 26 | ADX | Adams Diversified Equity | 股票-其他 | 0.66% | +0.52% | -1.40% | |
| 27 | XNIEX | Virtus Equity & Convertible | 股票-其他 | 0.66% | +0.45% | -2.70% | |
| 28 | HYT | Blackrock CORP Hi Yld | 股票-其他 | 0.64% | +0.28% | -0.84% | |
| 29 | XAWFX | Alliancebernstein Gl Hi Inc | 股票-其他 | 0.64% | +0.29% | -0.77% | |
| 30 | GROW | U.s. Global Investors Inc-a | 股票-其他 | 0.62% | +0.20% | +0.02% | |
| 31 | BTZ | Blackrock Credit Allocation | 股票-其他 | 0.57% | +0.26% | +0.40% | |
| 32 | XGDVX | Gabelli Dividend & Income Tr | 股票-其他 | 0.56% | +0.39% | -0.81% | |
| 33 | XEVTX | Eaton Vance Tax-adv Dvd Inc | 股票-其他 | 0.54% | +0.39% | -0.71% | |
| 34 | AFCG | Advanced Flower Capital Inc | 股票-其他 | 0.52% | +0.11% | — | |
| 35 | HTD | John Hancock Tax Adv Dvd Inc | 股票-其他 | 0.49% | +0.30% | -0.25% | |
| 36 | BIT | Blackrock Multi-sector Inc | 股票-其他 | 0.46% | +0.19% | +0.41% | |
| 37 | WT | Wisdomtree Inc | 股票-其他 | 0.44% | +0.67% | -0.70% | |
| 38 | XMUIX | Blackrock Municipal Income | 股票-其他 | 0.34% | — | — | |
| 39 | NAD | Nuveen Quality Municipal Inc | 股票-其他 | 0.33% | +0.18% | — | |
| 40 | EIM | Eaton Vance Municipal Bond | 股票-其他 | 0.33% | +0.15% | — | |
| 41 | XNEAX | Nuveen Amt-fr Qlty Muni Inc | 股票-其他 | 0.32% | +0.17% | — | |
| 42 | AFB | Allianceberstein Ntl Muni | 股票-其他 | 0.32% | +0.18% | — | |
| 43 | TEI | Templeton Emrg Mkts Inc | 股票-其他 | 0.27% | +0.22% | -0.58% | |
| 44 | ONL | Orion Properties Inc | 股票-其他 | 0.23% | — | -13.38% | |
| 45 | MOMO 1.25 07-01-25債券 | Hello Group Inc | 債券 | 0.02% | — | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | CSWC 5.125 11-15-29債券 | Capital Southwest CORP | +19% | NEW | 新建倉 |
| 2 | CODI | Compass Diversified Holdings | +4.4% | NEW | 新建倉 |
| 3 | SPHY | Ss Spdr P High Yield ETF | +3.4% | NEW | 新建倉 |
| 4 | TRIN | Trinity Capital Inc | +2.6% | +180.12% | 加碼 |
| 5 | CIVI | Civitas Resources Inc | +1.6% | +394.45% | 加碼 |
| 6 | CSWC | Capital Southwest CORP | +1.2% | +195.01% | 加碼 |
| 7 | VICI | Vici Properties Inc | +0.2% | +54.24% | 加碼 |
| 8 | MOMO 1.25 07-01-25債券 | Hello Group Inc | 0% | NEW | 新建倉 |
| 9 | WT | Wisdomtree Inc | -0.1% | -0.70% | 減碼 |
| 10 | XMUIX | Blackrock Municipal Income | -0.1% | — | 不變 |
| 11 | EIM | Eaton Vance Municipal Bond | -0.1% | — | 不變 |
| 12 | TEI | Templeton Emrg Mkts Inc | -0.1% | -0.58% | 減碼 |
| 13 | NAD | Nuveen Quality Municipal Inc | -0.1% | — | 不變 |
| 14 | XNEAX | Nuveen Amt-fr Qlty Muni Inc | -0.1% | — | 不變 |
| 15 | AFB | Allianceberstein Ntl Muni | -0.1% | — | 不變 |
| 16 | ONL | Orion Properties Inc | -0.1% | -13.38% | 減碼 |
| 17 | BIT | Blackrock Multi-sector Inc | -0.1% | +0.41% | 加碼 |
| 18 | VCTR | Victory Capital Holding - A | -0.2% | -8.81% | 減碼 |
| 19 | XNIEX | Virtus Equity & Convertible | -0.2% | -2.70% | 減碼 |
| 20 | HTD | John Hancock Tax Adv Dvd Inc | -0.2% | -0.25% | 減碼 |
| 21 | XEVTX | Eaton Vance Tax-adv Dvd Inc | -0.2% | -0.71% | 減碼 |
| 22 | XGDVX | Gabelli Dividend & Income Tr | -0.2% | -0.81% | 減碼 |
| 23 | CSQ | Calamos Strat Ttl Rtrn Fnd | -0.2% | -2.57% | 減碼 |
| 24 | HYT | Blackrock CORP Hi Yld | -0.2% | -0.84% | 減碼 |
| 25 | BTZ | Blackrock Credit Allocation | -0.2% | +0.40% | 加碼 |
| 26 | GROW | U.s. Global Investors Inc-a | -0.2% | +0.02% | 加碼 |
| 27 | XAWFX | Alliancebernstein Gl Hi Inc | -0.2% | -0.77% | 減碼 |
| 28 | ADX | Adams Diversified Equity | -0.3% | -1.40% | 減碼 |
| 29 | NXDT | Nexpoint Diversified Real Es | -0.3% | +0.83% | 加碼 |
| 30 | MAIN | Main Street Capital CORP | -0.3% | -0.76% | 減碼 |
| 31 | CG | Carlyle Group Inc/the | -0.3% | -5.32% | 減碼 |
| 32 | AFCG | Advanced Flower Capital Inc | -0.3% | — | 不變 |
| 33 | PNNT | Pennantpark Investment CORP | -0.3% | — | 不變 |
| 34 | RITM | Rithm Capital CORP | -0.3% | -1.39% | 減碼 |
| 35 | EFA | Ishares Msci Eafe ETF | -0.3% | +0.31% | 加碼 |
| 36 | VWO | Vanguard Ftse Emerging Marke | -0.3% | +0.53% | 加碼 |
| 37 | ENB | Enbridge Inc | -0.3% | -0.03% | 減碼 |
| 38 | T | At&t Inc | -0.4% | -4.57% | 減碼 |
| 39 | VZ | Verizon Communications Inc | -0.5% | -1.10% | 減碼 |
| 40 | O | Realty Income CORP | -0.5% | -0.52% | 減碼 |
| 41 | HASI | Ha Sustainable Infrastructur | -0.6% | -1.24% | 減碼 |
| 42 | RQI | Cohen & Steers Qual Inc Rlty | -0.7% | EXIT | 清倉 |
| 43 | AAPL | Apple Inc | -0.7% | EXIT | 清倉 |
| 44 | KHC | Kraft Heinz Co/the | -0.9% | EXIT | 清倉 |
| 45 | PSEC | Prospect Capital CORP | -0.9% | -0.65% | 減碼 |
| 46 | IIPR | Innovative Industrial Proper | -1% | EXIT | 清倉 |
| 47 | WT 5.75 08-15-28債券 | Wisdomtree Inc | -1.1% | -0.48% | 減碼 |
| 48 | EZPW 2.375 05-01-25債券 | Ezcorp Inc | -1.2% | -0.26% | 減碼 |
| 49 | APO | Apollo Global Management Inc | -4.2% | EXIT | 清倉 |
| 50 | WT 3.25 06-15-26債券 | Wisdomtree Investments | -6.3% | -0.05% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Smh Capital Advisors Inc 在 Q4 2024 季度的美股持倉總市值約為 US$2551.2萬，共申報了 45 個公開持股部位。
在 Q4 2024 季度，Smh Capital Advisors Inc 按市值排列的前三大核心持股分別為：WT 3.25 06-15-26 (24.9%)、CSWC 5.125 11-15-29 (19.0%)、TRIN (4.6%)。其中最大持股部位 WT 3.25 06-15-26 佔據整體投資組合約 24.9% 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
CSWC 5.125 11-15-29
市值: US$789.1萬
本季最大獲利了結 / 清倉標的
UPST 0.25 08-15-26
前期市值: US$243.8萬
在 Q4 2024 季度中，Smh Capital Advisors Inc 共進行了 44 項持倉異動，包含新建倉 4 個部位、加碼 10 個部位、減碼 24 個部位以及清倉 6 個部位。 其中最大新建倉標的為 CSWC 5.125 11-15-29。 本季清倉部位包含 UPST 0.25 08-15-26。
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。