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: 0001856405
申報總市值
US$47.6億
US$47.6億
110 檔
25.8%
根據最新整理的 13F 季度數據集，Sona Asset Management 於 Q2 2025 結束時的管理資產規模為 US$47.6億。該機構在本季度申報了 110 檔美股持倉，呈現出該時期的主要投資地圖。
在 Q2 2025，Sona Asset Management 操作展現出積極擴展與加碼意向。本季共新建倉 53 個新部位，並對 25 個既有持股進行加碼（合計增持 78 檔），相較減碼與清倉部位顯著佔優。
整體而言，Sona Asset Management 的前 5 大持股（包含 LQD, HYG, APO 6.75 07-31-26）貢獻了組合市值的 25.8%，形成該機構在 Q2 2025 季度的基本面基石。
| # | 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 | LQD | Ishr Ibx Usd Invgd Cb Etf-ui | ETF-投資等級公司債 | 17.79% | -0.75% | -4.44% | |
| 2 | HYG | Ishr Ibx Usd Hiyld Cb Etf-ui | ETF-非投資等級債 | 4.81% | +2.60% | +6.20% | |
| 3 | APO 6.75 07-31-26債券 | Apollo Global Management | 債券 | 4.44% | — | +27.27% | |
| 4 | BABA 0.5 06-01-31債券 | Alibaba Group Holding | 債券 | 3.78% | -0.08% | EXIT | |
| 5 | IGSB | Ishares 1-5y Inv Grade CORP | ETF-其他 | 3.76% | -1.35% | — | |
| 6 | IEF | Ishares 7-10 Year Treasury B | ETF-政府公債 | 3.30% | — | +44.12% | |
| 7 | ABNB 0 03-15-26債券 | Airbnb Inc | 債券 | 3.30% | — | -21.10% | |
| 8 | UBER 0 12-15-25債券 | Uber Technologies Inc | 債券 | 3.25% | — | +42.04% | |
| 9 | ON 0.5 03-01-29債券 | On Semiconductor CORP | 債券 | 3.09% | — | — | |
| 10 | F 0 03-15-26債券 | Ford Motor Company | 債券 | 2.94% | — | +120.83% | |
| 11 | VCIT | Vanguard Int-term Corporate | ETF-投資等級公司債 | 2.91% | -1.20% | +127.27% | |
| 12 | GLD | Spdr Gold Shares | ETF-避險與商品 | 2.83% | — | — | |
| 13 | TLT | Ishares 20+ Year Treasury Bd | ETF-政府公債 | 2.27% | -4.53% | -62.05% | |
| 14 | SHOPCN 0.125 11-01-25債券 | Shopify Inc | 債券 | 2.08% | — | — | |
| 15 | HPE 7.625 09-01-27債券 | Hp Enterprise Co | 債券 | 1.99% | — | -14.29% | |
| 16 | WDC 3 11-15-28債券 | Western Digital CORP | 債券 | 1.77% | — | — | |
| 17 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 1.73% | -0.50% | -75.18% | |
| 18 | NCLH 2.5 02-15-27債券 | Ncl Corporation LTD | 債券 | 1.70% | — | +19.89% | |
| 19 | AAL 6.5 07-01-25債券 | American Airlines Group | 債券 | 1.69% | — | +11.77% | |
| 20 | W 3.5 11-15-28債券 | Wayfair Inc | 債券 | 1.49% | — | +55.23% | |
| 21 | FYBR | Frontier Communications Pare | 股票-其他 | 1.48% | — | +55.62% | |
| 22 | TXNM | Txnm Energy Inc | 股票-公用事業 | 1.46% | +0.11% | NEW | |
| 23 | FOUR 6 05-01-28債券 | Shift4 Payments Inc | 債券 | 1.43% | — | — | |
| 24 | JAZZ 2 06-15-26債券 | Jazz Investments I LTD | 債券 | 1.27% | — | +161.76% | |
| 25 | MIDD 1 09-01-25債券 | Middleby CORP | 債券 | 1.26% | — | — | |
| 26 | MCHP 0.75 06-01-30債券 | Microchip Technology Inc | 債券 | 1.04% | -0.31% | EXIT | |
| 27 | DXCM 0.375 05-15-28債券 | Dexcom Inc | 債券 | 1.02% | — | — | |
| 28 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 0.82% | +0.08% | — | |
| 29 | BBIO 2.25 02-01-29債券 | Bridgebio Pharma Inc | 債券 | 0.82% | — | +34.44% | |
| 30 | SPOT 0 03-15-26債券 | Spotify USA Inc | 債券 | 0.82% | — | — | |
| 31 | AKAM 1.125 02-15-29債券 | Akamai Technologies Inc | 債券 | 0.79% | -2.25% | EXIT | |
| 32 | DKNG 0 03-15-28債券 | Draftkings Holdings Inc | 債券 | 0.77% | -0.39% | +102.67% | |
| 33 | COIN 0.5 06-01-26債券 | Coinbase Global Inc | 債券 | 0.75% | -0.47% | EXIT | |
| 34 | ARKK | Ark Innovation ETF | ETF-其他 | 0.74% | — | — | |
| 35 | IWM | Ishares Russell 2000 ETF | ETF-中小型股 | 0.61% | +1.86% | — | |
| 36 | ✓ | Cohen Circle Acquisition Cor | 股票-其他 | 0.57% | — | — | |
| 37 | AMED | Amedisys Inc | 股票-其他 | 0.55% | — | -3.02% | |
| 38 | SKAA | Skechers USA Inc-cl A | 股票-其他 | 0.55% | — | — | |
| 39 | REAL 4 02-15-31債券 | THE Realreal Inc | 債券 | 0.50% | — | +8.39% | |
| 40 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 0.48% | — | — | |
| 41 | NEE 7.234 11-01-27債券 | Nextera Energy Inc | 債券 | 0.44% | — | -36.36% | |
| 42 | DBX 0 03-01-28債券 | Dropbox Inc | 債券 | 0.41% | — | — | |
| 43 | NET 0 08-15-26債券 | Cloudflare Inc | 債券 | 0.40% | — | — | |
| 44 | CCJ | Cameco CORP | 股票-能源 | 0.39% | — | +167.86% | |
| 45 | DBX 0 03-01-26債券 | Dropbox Inc | 債券 | 0.39% | — | -26.32% | |
| 46 | BLCO | Bausch + Lomb CORP | 股票-其他 | 0.37% | +0.14% | NEW | |
| 47 | FLR 1.125 08-15-29債券 | Fluor CORP | 債券 | 0.37% | — | -16.67% | |
| 48 | EXAS 0.375 03-15-27債券 | Exact Sciences CORP | 債券 | 0.36% | — | — | |
| 49 | CZR | Caesars Entertainment Inc | 股票-循環性消費 | 0.34% | +0.01% | +244.00% | |
| 50 | WULF | Terawulf Inc | 股票-金融 | 0.33% | -0.08% | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | BABA 0.5 06-01-31債券 | Alibaba Group Holding | +3.8% | NEW | 新建倉 |
| 2 | IGSB | Ishares 1-5y Inv Grade CORP | +3.8% | NEW | 新建倉 |
| 3 | ON 0.5 03-01-29債券 | On Semiconductor CORP | +3.1% | NEW | 新建倉 |
| 4 | GLD | Spdr Gold Shares | +2.8% | NEW | 新建倉 |
| 5 | SHOPCN 0.125 11-01-25債券 | Shopify Inc | +2.1% | NEW | 新建倉 |
| 6 | WDC 3 11-15-28債券 | Western Digital CORP | +1.8% | NEW | 新建倉 |
| 7 | VCIT | Vanguard Int-term Corporate | +1.6% | +127.27% | 加碼 |
| 8 | F 0 03-15-26債券 | Ford Motor Company | +1.5% | +120.83% | 加碼 |
| 9 | TXNM | Txnm Energy Inc | +1.5% | NEW | 新建倉 |
| 10 | FOUR 6 05-01-28債券 | Shift4 Payments Inc | +1.4% | NEW | 新建倉 |
| 11 | MIDD 1 09-01-25債券 | Middleby CORP | +1.3% | NEW | 新建倉 |
| 12 | UBER 0 12-15-25債券 | Uber Technologies Inc | +1.1% | +42.04% | 加碼 |
| 13 | MCHP 0.75 06-01-30債券 | Microchip Technology Inc | +1% | NEW | 新建倉 |
| 14 | DXCM 0.375 05-15-28債券 | Dexcom Inc | +1% | NEW | 新建倉 |
| 15 | IEF | Ishares 7-10 Year Treasury B | +0.9% | +44.12% | 加碼 |
| 16 | APO 6.75 07-31-26債券 | Apollo Global Management | +0.8% | +27.27% | 加碼 |
| 17 | SPY | Ss Spdr S&p 500 ETF Trust-us | +0.8% | NEW | 新建倉 |
| 18 | SPOT 0 03-15-26債券 | Spotify USA Inc | +0.8% | NEW | 新建倉 |
| 19 | AKAM 1.125 02-15-29債券 | Akamai Technologies Inc | +0.8% | NEW | 新建倉 |
| 20 | JAZZ 2 06-15-26債券 | Jazz Investments I LTD | +0.7% | +161.76% | 加碼 |
| 21 | ARKK | Ark Innovation ETF | +0.7% | NEW | 新建倉 |
| 22 | W 3.5 11-15-28債券 | Wayfair Inc | +0.7% | +55.23% | 加碼 |
| 23 | IWM | Ishares Russell 2000 ETF | +0.6% | NEW | 新建倉 |
| 24 | SKAA | Skechers USA Inc-cl A | +0.6% | NEW | 新建倉 |
| 25 | FYBR | Frontier Communications Pare | +0.5% | +55.62% | 加碼 |
| 26 | UNH | Unitedhealth Group Inc | +0.5% | NEW | 新建倉 |
| 27 | NET 0 08-15-26債券 | Cloudflare Inc | +0.4% | NEW | 新建倉 |
| 28 | DKNG 0 03-15-28債券 | Draftkings Holdings Inc | +0.4% | +102.67% | 加碼 |
| 29 | WULF | Terawulf Inc | +0.3% | NEW | 新建倉 |
| 30 | TYL 0.25 03-15-26債券 | Tyler Technologies Inc | +0.3% | NEW | 新建倉 |
| 31 | CCJ | Cameco CORP | +0.3% | +167.86% | 加碼 |
| 32 | CNP 4.25 08-15-26債券 | Centerpoint Energy Inc | +0.3% | NEW | 新建倉 |
| 33 | ON 0 05-01-27債券 | On Semiconductor CORP | +0.3% | NEW | 新建倉 |
| 34 | MSFT | Microsoft CORP | +0.3% | NEW | 新建倉 |
| 35 | CZR | Caesars Entertainment Inc | +0.3% | +244.00% | 加碼 |
| 36 | WBD | Warner Bros Discovery Inc | +0.3% | NEW | 新建倉 |
| 37 | COIN 0.5 06-01-26債券 | Coinbase Global Inc | +0.2% | +31.43% | 加碼 |
| 38 | DCH | Dauch Corporation | +0.2% | NEW | 新建倉 |
| 39 | V | Visa Inc-class A Shares | +0.2% | NEW | 新建倉 |
| 40 | CORZ | Core Scientific Inc | +0.2% | NEW | 新建倉 |
| 41 | SNPS | Synopsys Inc | +0.2% | NEW | 新建倉 |
| 42 | NCLH 2.5 02-15-27債券 | Ncl Corporation LTD | +0.2% | +19.89% | 加碼 |
| 43 | LITE | Lumentum Holdings Inc | +0.2% | NEW | 新建倉 |
| 44 | BBIO 2.25 02-01-29債券 | Bridgebio Pharma Inc | +0.2% | +34.44% | 加碼 |
| 45 | BLCO | Bausch + Lomb CORP | +0.2% | +151.25% | 加碼 |
| 46 | MIR | Mirion Technologies Inc | +0.2% | NEW | 新建倉 |
| 47 | URA | Global X Uranium ETF | +0.2% | NEW | 新建倉 |
| 48 | VFC | Vf CORP | +0.2% | NEW | 新建倉 |
| 49 | NVDA | Nvidia CORP | +0.1% | +100.00% | 加碼 |
| 50 | STX | Seagate Technology Holdings plc | +0.1% | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Sona Asset Management 在 Q2 2025 季度的美股持倉總市值約為 US$47.6億，共申報了 110 個公開持股部位。
在 Q2 2025 季度，Sona Asset Management 按市值排列的前三大核心持股分別為：LQD (17.8%)、HYG (4.8%)、APO 6.75 07-31-26 (4.4%)。其中最大持股部位 LQD 佔據整體投資組合約 17.8% 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
BABA 0.5 06-01-31
市值: US$1.3億
本季最大獲利了結 / 清倉標的
PDD 0 12-01-25
前期市值: US$8699.7萬
在 Q2 2025 季度中，Sona Asset Management 共進行了 137 項持倉異動，包含新建倉 53 個部位、加碼 25 個部位、減碼 19 個部位以及清倉 40 個部位。 其中最大新建倉標的為 BABA 0.5 06-01-31。 本季清倉部位包含 PDD 0 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。