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: 0001642575
申報總市值
US$905.2億
US$905.2億
2854 檔
18.0%
在 Q1 2025 申報期間，Squarepoint Ops LLC（CIK: 0001642575）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$905.2億，共持有 2854 個公開申報部位。
從 Q1 2025 申報觀察，Squarepoint Ops LLC 採取防禦導向的調倉策略，本季減碼 126 檔個股並出清 1 檔部位，顯示機構在該時期進行風險控制與流動性回收。
從部位權重觀察，前 5 大標的（包含 IVV, SPY, NVDA）累計市值佔比達 18.0%，是驅動 Squarepoint Ops LLC 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 2854 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 | IVV | Ishares Core S&p 500 ETF | ETF-大型股與成長 | 4.86% | -2.71% | +33.85% | |
| 2 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 4.56% | +0.11% | -45.10% | |
| 3 | NVDA | Nvidia CORP | 股票-科技 | 4.24% | +0.30% | -41.01% | |
| 4 | MSFT | Microsoft CORP | 股票-科技 | 3.43% | -0.95% | -4.93% | |
| 5 | AAPL | Apple Inc | 股票-科技 | 2.65% | +0.03% | -10.02% | |
| 6 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 2.56% | +0.18% | -7.88% | |
| 7 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 2.01% | +0.06% | -33.57% | |
| 8 | IWM | Ishares Russell 2000 ETF | ETF-中小型股 | 1.92% | +0.25% | +123.38% | |
| 9 | EEM | Ishares Msci Emerging Market | ETF-新興市場 | 1.61% | -0.28% | -4.51% | |
| 10 | TSLA | Tesla Inc | 股票-循環性消費 | 1.50% | -0.43% | -9.47% | |
| 11 | AMZN | Amazon.com Inc | 股票-循環性消費 | 1.31% | +0.33% | -10.80% | |
| 12 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 1.19% | -1.08% | -17.31% | |
| 13 | AMD | Advanced Micro Devices | 股票-科技 | 1.14% | +1.24% | +48.17% | |
| 14 | EFA | Ishares Msci Eafe ETF | ETF-其他 | 0.88% | -0.31% | -31.12% | |
| 15 | V | Visa Inc-class A Shares | 股票-金融 | 0.84% | -0.16% | -3.67% | |
| 16 | AVGO | Broadcom Inc | 股票-科技 | 0.82% | -0.17% | -10.02% | |
| 17 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.70% | -0.41% | +5.61% | |
| 18 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 0.70% | -0.09% | +29.59% | |
| 19 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.65% | -0.20% | -22.46% | |
| 20 | NFLX | Netflix Inc | 股票-通訊服務 | 0.61% | +0.02% | -48.99% | |
| 21 | WMT | Walmart Inc | 股票-非循環性消費 | 0.60% | -0.14% | +32.77% | |
| 22 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.60% | -0.05% | +138.48% | |
| 23 | BABA | Alibaba Group Holding-sp Adr | 股票-循環性消費 | 0.54% | -0.17% | +15.52% | |
| 24 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.53% | -0.08% | -48.30% | |
| 25 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 0.49% | -0.05% | +42.34% | |
| 26 | MCD | Mcdonald's CORP | 股票-循環性消費 | 0.47% | -0.11% | +267.83% | |
| 27 | NKE | Nike Inc -cl B | 股票-循環性消費 | 0.47% | -0.08% | +26.07% | |
| 28 | SPOT | Spotify Technology S.A. | 股票-通訊服務 | 0.44% | -0.38% | -44.96% | |
| 29 | PDD | Pdd Holdings Inc | 股票-循環性消費 | 0.43% | -0.05% | -32.94% | |
| 30 | ADBE | Adobe Inc | 股票-科技 | 0.42% | -0.15% | +48.42% | |
| 31 | HD | Home Depot Inc | 股票-循環性消費 | 0.41% | -0.01% | +32.14% | |
| 32 | APO | Apollo Global Management Inc | 股票-金融 | 0.40% | — | +6.17% | |
| 33 | CVNA | Carvana Co | 股票-循環性消費 | 0.40% | -0.19% | -31.17% | |
| 34 | C | Citigroup Inc | 股票-金融 | 0.38% | -0.17% | -23.04% | |
| 35 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.38% | +0.07% | +1.95% | |
| 36 | CSCO | Cisco Systems Inc | 股票-科技 | 0.38% | +0.17% | -30.85% | |
| 37 | DIS | Walt Disney Co/the | 股票-通訊服務 | 0.38% | -0.04% | +20.37% | |
| 38 | OXY | Occidental Petroleum CORP | 股票-能源 | 0.37% | +0.02% | -9.26% | |
| 39 | FXI | Ishares China Large-cap ETF | ETF-新興市場 | 0.37% | -0.19% | -21.06% | |
| 40 | XOM | Exxon Mobil CORP | 股票-能源 | 0.37% | -0.11% | +45.58% | |
| 41 | MA | Mastercard Inc - A | 股票-金融 | 0.36% | -0.05% | +113.42% | |
| 42 | LMT | Lockheed Martin CORP | 股票-工業 | 0.36% | -0.26% | -30.79% | |
| 43 | MU | Micron Technology Inc | 股票-科技 | 0.35% | +0.75% | -38.87% | |
| 44 | MRVL | Marvell Technology Inc | 股票-科技 | 0.35% | +0.39% | +226.60% | |
| 45 | CRM | Salesforce Inc | 股票-科技 | 0.35% | -0.01% | +50.47% | |
| 46 | CMG | Chipotle Mexican Grill Inc | 股票-循環性消費 | 0.33% | +0.10% | +12.24% | |
| 47 | KO | Coca-cola Co/the | 股票-非循環性消費 | 0.32% | -0.20% | -35.19% | |
| 48 | AXP | American Express Co | 股票-金融 | 0.32% | -0.01% | +83.76% | |
| 49 | SNOW | Snowflake Inc | 股票-科技 | 0.31% | +0.13% | +33.63% | |
| 50 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 0.31% | +0.18% | -39.83% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | IVV | Ishares Core S&p 500 ETF | +1.8% | +33.85% | 加碼 |
| 2 | IWM | Ishares Russell 2000 ETF | +1.2% | +123.38% | 加碼 |
| 3 | AMD | Advanced Micro Devices | +0.4% | +48.17% | 加碼 |
| 4 | MCD | Mcdonald's CORP | +0.4% | +267.83% | 加碼 |
| 5 | MRK | Merck & Co. Inc. | +0.4% | +138.48% | 加碼 |
| 6 | PLTR | Palantir Technologies Inc-a | +0.3% | +29.59% | 加碼 |
| 7 | BABA | Alibaba Group Holding-sp Adr | +0.3% | +15.52% | 加碼 |
| 8 | WDAY | Workday Inc-class A | +0.2% | +312.73% | 加碼 |
| 9 | EIX | Edison International | +0.2% | +2281.77% | 加碼 |
| 10 | CARR | Carrier Global CORP | +0.2% | +631.09% | 加碼 |
| 11 | MA | Mastercard Inc - A | +0.2% | +113.42% | 加碼 |
| 12 | UNH | Unitedhealth Group Inc | +0.2% | +42.34% | 加碼 |
| 13 | WMT | Walmart Inc | +0.2% | +32.77% | 加碼 |
| 14 | TPR | Tapestry Inc | +0.2% | +190.85% | 加碼 |
| 15 | GEV | GE Vernova Inc | +0.2% | +555.03% | 加碼 |
| 16 | KRE | Ss Spdr S&p Regional Bank | +0.2% | +169.32% | 加碼 |
| 17 | PFE | Pfizer Inc | +0.2% | +153.62% | 加碼 |
| 18 | MRVL | Marvell Technology Inc | +0.2% | +226.60% | 加碼 |
| 19 | XOM | Exxon Mobil CORP | +0.2% | +45.58% | 加碼 |
| 20 | USB | US Bancorp | +0.2% | +675.30% | 加碼 |
| 21 | HLT | Hilton Worldwide Holdings In | +0.2% | +124.56% | 加碼 |
| 22 | FOXA | Fox CORP - Class A | +0.2% | +144.81% | 加碼 |
| 23 | PEP | Pepsico Inc | +0.2% | +163.63% | 加碼 |
| 24 | ED | Consolidated Edison Inc | +0.2% | +115.21% | 加碼 |
| 25 | CVS | Cvs Health CORP | +0.2% | +115.81% | 加碼 |
| 26 | EXE | Expand Energy CORP | +0.2% | +3119.95% | 加碼 |
| 27 | AXP | American Express Co | +0.2% | +83.76% | 加碼 |
| 28 | MSCI | Msci Inc | +0.2% | +3899.50% | 加碼 |
| 29 | CTAS | Cintas CORP | +0.2% | +66.07% | 加碼 |
| 30 | ADBE | Adobe Inc | +0.2% | +48.42% | 加碼 |
| 31 | MSFT | Microsoft CORP | +0.1% | -4.93% | 減碼 |
| 32 | HD | Home Depot Inc | +0.1% | +32.14% | 加碼 |
| 33 | TYL | Tyler Technologies Inc | +0.1% | +111.01% | 加碼 |
| 34 | QCOM | Qualcomm Inc | +0.1% | +41.65% | 加碼 |
| 35 | FICO | Fair Isaac CORP | +0.1% | +63.12% | 加碼 |
| 36 | EBAY | Ebay Inc | +0.1% | +869.35% | 加碼 |
| 37 | OKE | Oneok Inc | +0.1% | +160.99% | 加碼 |
| 38 | HON | Honeywell International Inc | +0.1% | +91.49% | 加碼 |
| 39 | GD | General Dynamics CORP | +0.1% | +44.85% | 加碼 |
| 40 | BRK-B | Berkshire Hathaway Inc-cl B | +0.1% | +1.95% | 加碼 |
| 41 | ZBRA | Zebra Technologies Corp-cl A | +0.1% | +2512.73% | 加碼 |
| 42 | PCG | P G & E CORP | +0.1% | +3080.89% | 加碼 |
| 43 | ON | On Semiconductor | +0.1% | +452.31% | 加碼 |
| 44 | OKTA | Okta Inc | +0.1% | +90.22% | 加碼 |
| 45 | PNC | Pnc Financial Services Group | +0.1% | +173.66% | 加碼 |
| 46 | SLB | Slb LTD | +0.1% | +50.82% | 加碼 |
| 47 | SNOW | Snowflake Inc | +0.1% | +33.63% | 加碼 |
| 48 | QQQ | Invesco Qqq Trust Series 1 | +0.1% | -7.88% | 減碼 |
| 49 | AMGN | Amgen Inc | +0.1% | +77.70% | 加碼 |
| 50 | BNY | Bank Of New York Mellon CORP | +0.1% | +50.19% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Squarepoint Ops LLC 在 Q1 2025 季度的美股持倉總市值約為 US$905.2億，共申報了 2854 個公開持股部位。
在 Q1 2025 季度，Squarepoint Ops LLC 按市值排列的前三大核心持股分別為：IVV (4.9%)、SPY (4.6%)、NVDA (4.2%)。其中最大持股部位 IVV 佔據整體投資組合約 4.9% 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。
本季最大獲利了結 / 清倉標的
RCL 6 08-15-25
前期市值: US$5836.6萬
在 Q1 2025 季度中，Squarepoint Ops LLC 共進行了 200 項持倉異動，包含新建倉 0 個部位、加碼 73 個部位、減碼 126 個部位以及清倉 1 個部位。 本季清倉部位包含 RCL 6 08-15-25。
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。