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
142 檔
26.1%
在 Q3 2025 申報期間，Sona Asset Management（CIK: 0001856405）向美國 SEC 提交的 Form 13F 報告顯示，其追蹤之股票投資組合總市值達 US$47.6億，共持有 142 個公開申報部位。
Q3 2025 數據顯示 Sona Asset Management 積極進場，新開立 96 個部位並同步加碼 20 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 BABA 0.5 06-01-31, TLT, LQD）累計市值佔比達 26.1%，是驅動 Sona Asset Management 該季度整體投資組合績效表現的核心支柱。
| # | 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 | BABA 0.5 06-01-31債券 | Alibaba Group Holding | 債券 | 6.80% | -0.08% | EXIT | |
| 2 | TLT | Ishares 20+ Year Treasury Bd | ETF-政府公債 | 6.73% | -4.53% | +237.15% | |
| 3 | LQD | Ishr Ibx Usd Invgd Cb Etf-ui | ETF-投資等級公司債 | 6.51% | -0.75% | -58.50% | |
| 4 | HYG | Ishr Ibx Usd Hiyld Cb Etf-ui | ETF-非投資等級債 | 5.55% | +2.60% | +31.93% | |
| 5 | GLD | Spdr Gold Shares | ETF-避險與商品 | 4.77% | — | +66.67% | |
| 6 | APO 6.75 07-31-26債券 | Apollo Global Management | 債券 | 3.61% | — | — | |
| 7 | EMB | Ishares Jp Morgan Usd Emergi | ETF-其他 | 3.41% | +1.07% | — | |
| 8 | UBER 0 12-15-25債券 | Uber Technologies Inc | 債券 | 3.38% | — | +17.79% | |
| 9 | F 0 03-15-26債券 | Ford Motor Company | 債券 | 3.24% | — | +23.58% | |
| 10 | ARKK | Ark Innovation ETF | ETF-其他 | 2.97% | — | +276.00% | |
| 11 | TXNM | Txnm Energy Inc | 股票-公用事業 | 2.29% | +0.11% | NEW | |
| 12 | JAZZ 2 06-15-26債券 | Jazz Investments I LTD | 債券 | 2.16% | — | +87.19% | |
| 13 | TCOM 0.75 06-15-29債券 | Trip.com Group LTD | 債券 | 2.03% | -0.23% | — | |
| 14 | ETSY 0.125 10-01-26債券 | Etsy Inc | 債券 | 1.98% | -1.37% | — | |
| 15 | ON 0.5 03-01-29債券 | On Semiconductor CORP | 債券 | 1.89% | — | -29.47% | |
| 16 | MTUM | Ishares Msci USA Momentum Fa | ETF-其他 | 1.88% | — | — | |
| 17 | IGSB | Ishares 1-5y Inv Grade CORP | ETF-其他 | 1.47% | -1.35% | -55.23% | |
| 18 | COIN 0.5 06-01-26債券 | Coinbase Global Inc | 債券 | 1.42% | -0.47% | EXIT | |
| 19 | HPE 7.625 09-01-27債券 | Hp Enterprise Co | 債券 | 1.41% | — | -29.17% | |
| 20 | ABNB 0 03-15-26債券 | Airbnb Inc | 債券 | 1.39% | — | -52.06% | |
| 21 | NSC | Norfolk Southern CORP | 股票-工業 | 1.39% | -0.22% | — | |
| 22 | FOUR 0 12-15-25債券 | Shift4 Payments Inc | 債券 | 1.28% | — | — | |
| 23 | SHOPCN 0.125 11-01-25債券 | Shopify Inc | 債券 | 1.27% | — | -32.42% | |
| 24 | COIN 0.25 04-01-30債券 | Coinbase Global Inc | 債券 | 1.23% | — | — | |
| 25 | EWZ | Ishares Msci Brazil ETF | ETF-其他 | 1.21% | -1.86% | +1500.00% | |
| 26 | EWY | Ishares Msci South Korea ETF | ETF-其他 | 1.12% | +1.57% | +1451.35% | |
| 27 | ✓ | Bitdeer Technologies Group | 股票-其他 | 1.07% | +0.57% | — | |
| 28 | MU | Micron Technology Inc | 股票-科技 | 1.02% | +0.07% | NEW | |
| 29 | GTLS | Chart Industries Inc | 股票-工業 | 1.02% | — | — | |
| 30 | DXCM 0.375 05-15-28債券 | Dexcom Inc | 債券 | 0.99% | — | +15.58% | |
| 31 | MCHP 0.75 06-01-30債券 | Microchip Technology Inc | 債券 | 0.96% | -0.31% | EXIT | |
| 32 | AKAM 1.125 02-15-29債券 | Akamai Technologies Inc | 債券 | 0.94% | -2.25% | EXIT | |
| 33 | KWEB | Kranesh Csi China Internet | ETF-新興市場 | 0.93% | +1.08% | — | |
| 34 | EA | Electronic Arts Inc | 股票-通訊服務 | 0.91% | — | — | |
| 35 | EEM | Ishares Msci Emerging Market | ETF-新興市場 | 0.85% | -2.51% | EXIT | |
| 36 | HTHT 3 05-01-26債券 | H World Group LTD | 債券 | 0.82% | -0.57% | EXIT | |
| 37 | BBIO 2.25 02-01-29債券 | Bridgebio Pharma Inc | 債券 | 0.75% | — | — | |
| 38 | BTU 3.25 03-01-28債券 | Peabody Energy CORP | 債券 | 0.69% | — | — | |
| 39 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 0.66% | -0.50% | -59.71% | |
| 40 | ✓ | Kyivstar Group LTD | 股票-其他 | 0.65% | +0.18% | — | |
| 41 | TYL 0.25 03-15-26債券 | Tyler Technologies Inc | 債券 | 0.59% | — | +144.44% | |
| 42 | MSTR | Strategy Inc | 股票-科技 | 0.59% | — | — | |
| 43 | ALB 7.25 03-01-27債券 | Albemarle CORP | 債券 | 0.56% | — | — | |
| 44 | DKNG 0 03-15-28債券 | Draftkings Holdings Inc | 債券 | 0.56% | -0.39% | -16.45% | |
| 45 | DBX 0 03-01-28債券 | Dropbox Inc | 債券 | 0.54% | — | +48.28% | |
| 46 | FXI | Ishares China Large-cap ETF | ETF-新興市場 | 0.50% | — | — | |
| 47 | REAL 4 02-15-31債券 | THE Realreal Inc | 債券 | 0.48% | — | -33.19% | |
| 48 | NVDA | Nvidia CORP | 股票-科技 | 0.45% | -0.27% | +100.00% | |
| 49 | BORR | Borr Drilling Limited | 股票-其他 | 0.42% | +0.52% | NEW | |
| 50 | ✓ | Cyberark Software LTD. Cmn | 股票-其他 | 0.39% | — | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | F 0 03-15-26債券 | Ford Motor Company | +1.8% | +23.58% | 加碼 |
| 2 | JAZZ 2 06-15-26債券 | Jazz Investments I LTD | +1.6% | +87.19% | 加碼 |
| 3 | UBER 0 12-15-25債券 | Uber Technologies Inc | +1.2% | +17.79% | 加碼 |
| 4 | COIN 0.5 06-01-26債券 | Coinbase Global Inc | +0.9% | +128.26% | 加碼 |
| 5 | HYG | Ishr Ibx Usd Hiyld Cb Etf-ui | +0.8% | +31.93% | 加碼 |
| 6 | ✓ | Bitdeer Technologies Group | +0.8% | — | 加碼 |
| 7 | KWEB | Kranesh Csi China Internet | +0.6% | — | 加碼 |
| 8 | NVDA | Nvidia CORP | +0.4% | +100.00% | 加碼 |
| 9 | CCJ | Cameco CORP | +0.2% | -29.33% | 加碼 |
| 10 | DKNG 0 03-15-28債券 | Draftkings Holdings Inc | +0.2% | -16.45% | 加碼 |
| 11 | W 1 08-15-26債券 | Wayfair Inc | +0.2% | +66.67% | 加碼 |
| 12 | TLT | Ishares 20+ Year Treasury Bd | +0.2% | +237.15% | 加碼 |
| 13 | BBIO 2.25 02-01-29債券 | Bridgebio Pharma Inc | +0.1% | — | 加碼 |
| 14 | DBX 0 03-01-28債券 | Dropbox Inc | +0.1% | +48.28% | 加碼 |
| 15 | ALB 7.25 03-01-27債券 | Albemarle CORP | +0.1% | — | 加碼 |
| 16 | EXAS 0.375 03-01-28債券 | Exact Sciences CORP | 0% | — | 加碼 |
| 17 | DLR | Digital Realty Trust Inc | 0% | — | 加碼 |
| 18 | TAC | Transalta CORP | 0% | — | 不變 |
| 19 | EC | Ecopetrol Sa-sponsored Adr | 0% | — | 加碼 |
| 20 | HTZWW | Hertz Global Hldgs Inc -cw51 | 0% | — | 不變 |
| 21 | ✓ | — | — | 不變 | |
| 22 | NOTEW | Fiscalnote Holdings Inc-cw25 | — | — | 不變 |
| 23 | TDS | Telephone And Data Systems | — | — | 不變 |
| 24 | BLCO | Bausch + Lomb CORP | 0% | -55.39% | 加碼 |
| 25 | CZR | Caesars Entertainment Inc | 0% | -70.93% | 不變 |
| 26 | AMCR | Amcor plc | 0% | — | 不變 |
| 27 | DDOG | Datadog Inc - Class A | 0% | -22.51% | 減碼 |
| 28 | APO 6.75 07-31-26債券 | Apollo Global Management | 0% | — | 加碼 |
| 29 | VRM | Vroom Inc | 0% | — | 減碼 |
| 30 | IHS | IHS Holding Limited | 0% | — | 減碼 |
| 31 | REAL 4 02-15-31債券 | THE Realreal Inc | 0% | -33.19% | 減碼 |
| 32 | EHTH | Ehealth Inc | 0% | — | 減碼 |
| 33 | NN | Nextnav Inc | 0% | — | 減碼 |
| 34 | INTC | Intel CORP | -0.1% | -48.19% | 減碼 |
| 35 | EXAS 0.375 03-15-27債券 | Exact Sciences CORP | -0.1% | — | 不變 |
| 36 | BABA | Alibaba Group Holding-sp Adr | -0.1% | -36.40% | 減碼 |
| 37 | GFR | Greenfire Resources LTD | -0.1% | — | 減碼 |
| 38 | EQT | Eqt CORP | -0.2% | +50.00% | 減碼 |
| 39 | OPTU | Optimum Communications Inc-a | -0.2% | -45.30% | 減碼 |
| 40 | DBX 0 03-01-26債券 | Dropbox Inc | -0.2% | — | 減碼 |
| 41 | HPE 7.625 09-01-27債券 | Hp Enterprise Co | -0.6% | -29.17% | 減碼 |
| 42 | FYBR | Frontier Communications Pare | -0.9% | -90.53% | 減碼 |
| 43 | NEE 7.299 06-01-27債券 | Nextera Energy Inc | -1.1% | — | 減碼 |
| 44 | ABNB 0 03-15-26債券 | Airbnb Inc | -3% | -52.06% | 減碼 |
| 45 | QQQ | Invesco Qqq Trust Series 1 | -5.7% | -59.71% | 減碼 |
| 46 | LQD | Ishr Ibx Usd Invgd Cb Etf-ui | -13.1% | -58.50% | 減碼 |
| 47 | BABA 0.5 06-01-31債券 | Alibaba Group Holding | — | NEW | 新建倉 |
| 48 | GLD | Spdr Gold Shares | — | NEW | 新建倉 |
| 49 | EMB | Ishares Jp Morgan Usd Emergi | — | NEW | 新建倉 |
| 50 | ARKK | Ark Innovation ETF | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Sona Asset Management 在 Q3 2025 季度的美股持倉總市值約為 US$47.6億，共申報了 142 個公開持股部位。
在 Q3 2025 季度，Sona Asset Management 按市值排列的前三大核心持股分別為：BABA 0.5 06-01-31 (6.8%)、TLT (6.7%)、LQD (6.5%)。其中最大持股部位 BABA 0.5 06-01-31 佔據整體投資組合約 6.8% 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$2.8億
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 Q3 2025 季度中，Sona Asset Management 共進行了 185 項持倉異動，包含新建倉 96 個部位、加碼 20 個部位、減碼 18 個部位以及清倉 51 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。