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: 0002056334
申報總市值
US$3.3億
US$3.3億
44 檔
10.4%
截至 Q1 2025 季度末，Stance Capital LLC 的美股持倉估值約為 US$3.3億，全數申報部位共有 44 檔。
Stance Capital LLC 在 Q1 2025 的調整主要集中於風險出清，清倉與減碼部位合計達 161 檔，反映機構對當前市場環境或個別公司估值採取較為保留之看法。
檢視投資組合結構，前 5 大主力部位（包含 STNC, EA SERIES TRUST, HCA）占據了總市值的 10.4%，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 | STNC | Hennessy Sustainable ETF | ETF-其他 | 10.61% | -2.03% | +0.27% | |
| 2 | ✓ | Ea Series Trust | 股票-其他 | 3.79% | — | — | |
| 3 | HCA | Hca Healthcare Inc | 股票-醫療保健 | 3.67% | — | +2419.12% | |
| 4 | MCK | Mckesson CORP | 股票-醫療保健 | 3.64% | — | +2164.09% | |
| 5 | CAH | Cardinal Health Inc | 股票-醫療保健 | 3.59% | — | +880500.00% | |
| 6 | IBM | Intl Business Machines CORP | 股票-科技 | 3.25% | — | NEW | |
| 7 | ED | Consolidated Edison Inc | 股票-公用事業 | 3.24% | — | +0.95% | |
| 8 | MA | Mastercard Inc - A | 股票-金融 | 3.24% | -1.51% | -3.56% | |
| 9 | CTSH | Cognizant Tech Solutions-a | 股票-科技 | 3.13% | -0.68% | +10.25% | |
| 10 | BSX | Boston Scientific CORP | 股票-醫療保健 | 3.12% | — | NEW | |
| 11 | HSY | Hershey Co/the | 股票-非循環性消費 | 3.03% | — | +341957.14% | |
| 12 | IP | International Paper Co | 股票-循環性消費 | 3.01% | — | NEW | |
| 13 | SBUX | Starbucks CORP | 股票-循環性消費 | 3.01% | — | +147921.43% | |
| 14 | PPG | Ppg Industries Inc | 股票-原物料 | 2.86% | — | +2375.26% | |
| 15 | GS | Goldman Sachs Group Inc | 股票-金融 | 2.83% | — | +700400.00% | |
| 16 | LOW | Lowe's Cos Inc | 股票-循環性消費 | 2.81% | — | +816000.00% | |
| 17 | AMAT | Applied Materials Inc | 股票-科技 | 2.72% | +1.97% | +2373.85% | |
| 18 | V | Visa Inc-class A Shares | 股票-金融 | 2.72% | +0.56% | NEW | |
| 19 | DHI | Dr Horton Inc | 股票-循環性消費 | 2.71% | — | NEW | |
| 20 | EXPE | Expedia Group Inc | 股票-循環性消費 | 2.54% | — | — | |
| 21 | NVDA | Nvidia CORP | 股票-科技 | 2.42% | +0.51% | +1388.69% | |
| 22 | TGT | Target CORP | 股票-循環性消費 | 2.26% | — | +325577.78% | |
| 23 | VTRS | Viatris Inc | 股票-醫療保健 | 1.98% | -1.58% | +164.00% | |
| 24 | MS | Morgan Stanley | 股票-金融 | 1.97% | — | +379933.33% | |
| 25 | IR | Ingersoll-rand Inc | 股票-工業 | 1.96% | — | — | |
| 26 | RF | Regions Financial CORP | 股票-金融 | 1.95% | -1.12% | +34567.14% | |
| 27 | BMY | Bristol-myers Squibb Co | 股票-醫療保健 | 1.91% | -2.34% | +1223.91% | |
| 28 | ORCL | Oracle CORP | 股票-科技 | 1.89% | +0.38% | +1650.24% | |
| 29 | BBY | Best Buy Co Inc | 股票-循環性消費 | 1.67% | -0.16% | -24.09% | |
| 30 | LVS | Las Vegas Sands CORP | 股票-循環性消費 | 1.63% | -0.25% | — | |
| 31 | HLT | Hilton Worldwide Holdings In | 股票-循環性消費 | 1.63% | +0.94% | NEW | |
| 32 | WELL | Welltower Inc | 股票-房地產 | 1.33% | — | — | |
| 33 | C | Citigroup Inc | 股票-金融 | 1.19% | — | NEW | |
| 34 | MAA | Mid-america Apartment Comm | 股票-房地產 | 0.98% | — | — | |
| 35 | XEL | Xcel Energy Inc | 股票-公用事業 | 0.98% | — | — | |
| 36 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.92% | -0.06% | +367.28% | |
| 37 | SW | Smurfit Westrock Plc | 股票-循環性消費 | 0.78% | -0.28% | — | |
| 38 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.62% | — | +80230.77% | |
| 39 | KIM | Kimco Realty CORP | 股票-房地產 | 0.57% | — | — | |
| 40 | PHM | Pultegroup Inc | 股票-循環性消費 | 0.56% | — | +423.32% | |
| 41 | HASI | Ha Sustainable Infrastructur | 股票-金融 | 0.43% | -0.05% | -3.06% | |
| 42 | STT | State Street CORP | 股票-金融 | 0.37% | +0.01% | NEW | |
| 43 | GEV | GE Vernova Inc | 股票-工業 | 0.29% | -1.01% | +1139.05% | |
| 44 | DELL | Dell Technologies -c | 股票-科技 | 0.22% | -0.16% | +40650.00% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | CAH | Cardinal Health Inc | +3.6% | +880500.00% | 加碼 |
| 2 | HCA | Hca Healthcare Inc | +3.6% | +2419.12% | 加碼 |
| 3 | MCK | Mckesson CORP | +3.5% | +2164.09% | 加碼 |
| 4 | IBM | Intl Business Machines CORP | +3.1% | +2010.99% | 加碼 |
| 5 | HSY | Hershey Co/the | +3% | +341957.14% | 加碼 |
| 6 | SBUX | Starbucks CORP | +3% | +147921.43% | 加碼 |
| 7 | GS | Goldman Sachs Group Inc | +2.8% | +700400.00% | 加碼 |
| 8 | LOW | Lowe's Cos Inc | +2.8% | +816000.00% | 加碼 |
| 9 | PPG | Ppg Industries Inc | +2.8% | +2375.26% | 加碼 |
| 10 | AMAT | Applied Materials Inc | +2.6% | +2373.85% | 加碼 |
| 11 | V | Visa Inc-class A Shares | +2.6% | +1332.24% | 加碼 |
| 12 | TGT | Target CORP | +2.3% | +325577.78% | 加碼 |
| 13 | NVDA | Nvidia CORP | +2.3% | +1388.69% | 加碼 |
| 14 | MS | Morgan Stanley | +2% | +379933.33% | 加碼 |
| 15 | RF | Regions Financial CORP | +1.9% | +34567.14% | 加碼 |
| 16 | BMY | Bristol-myers Squibb Co | +1.8% | +1223.91% | 加碼 |
| 17 | ORCL | Oracle CORP | +1.8% | +1650.24% | 加碼 |
| 18 | STNC | Hennessy Sustainable ETF | +1.6% | +0.27% | 加碼 |
| 19 | VTRS | Viatris Inc | +1.1% | +164.00% | 加碼 |
| 20 | ED | Consolidated Edison Inc | +1.1% | +0.95% | 加碼 |
| 21 | LLY | Eli Lilly & Co | +0.8% | +367.28% | 加碼 |
| 22 | CTSH | Cognizant Tech Solutions-a | +0.7% | +10.25% | 加碼 |
| 23 | JNJ | Johnson & Johnson | +0.6% | +80230.77% | 加碼 |
| 24 | MA | Mastercard Inc - A | +0.5% | -3.56% | 減碼 |
| 25 | ✓ | Ea Series Trust | +0.5% | — | 不變 |
| 26 | PHM | Pultegroup Inc | +0.5% | +423.32% | 加碼 |
| 27 | GEV | GE Vernova Inc | +0.3% | +1139.05% | 加碼 |
| 28 | STT | State Street CORP | +0.3% | +185.98% | 加碼 |
| 29 | DELL | Dell Technologies -c | +0.2% | +40650.00% | 加碼 |
| 30 | HASI | Ha Sustainable Infrastructur | +0.1% | -3.06% | 減碼 |
| 31 | BBY | Best Buy Co Inc | -0.5% | -24.09% | 減碼 |
| 32 | HLT | Hilton Worldwide Holdings In | -1% | -44.01% | 減碼 |
| 33 | DECK | Deckers Outdoor CORP | — | EXIT | 清倉 |
| 34 | AAPL | Apple Inc | — | EXIT | 清倉 |
| 35 | BNY | Bank Of New York Mellon CORP | — | EXIT | 清倉 |
| 36 | WFC | Wells Fargo & Co | — | EXIT | 清倉 |
| 37 | AON | Aon plc | — | EXIT | 清倉 |
| 38 | TJX | Tjx Companies Inc | — | EXIT | 清倉 |
| 39 | T | At&t Inc | — | EXIT | 清倉 |
| 40 | AZO | Autozone Inc | — | EXIT | 清倉 |
| 41 | PCAR | Paccar Inc | — | EXIT | 清倉 |
| 42 | IP | International Paper Co | — | NEW | 新建倉 |
| 43 | ORLY | O'reilly Automotive Inc | — | EXIT | 清倉 |
| 44 | TSN | Tyson Foods Inc-cl A | — | EXIT | 清倉 |
| 45 | WM | Waste Management Inc | — | EXIT | 清倉 |
| 46 | MMM | 3m Co | — | EXIT | 清倉 |
| 47 | HIG | Hartford Insurance Group Inc | — | EXIT | 清倉 |
| 48 | HPQ | Hp Inc | — | EXIT | 清倉 |
| 49 | DHI | Dr Horton Inc | — | NEW | 新建倉 |
| 50 | EG | Everest Group, Ltd. | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Stance Capital LLC 在 Q1 2025 季度的美股持倉總市值約為 US$3.3億，共申報了 44 個公開持股部位。
在 Q1 2025 季度，Stance Capital LLC 按市值排列的前三大核心持股分別為：STNC (10.6%)、EA SERIES TRUST (3.8%)、HCA (3.7%)。其中最大持股部位 STNC 佔據整體投資組合約 10.6% 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
IP
市值: US$407.1萬
本季最大獲利了結 / 清倉標的
DECK
前期市值: US$533.0萬
在 Q1 2025 季度中，Stance Capital LLC 共進行了 199 項持倉異動，包含新建倉 11 個部位、加碼 27 個部位、減碼 4 個部位以及清倉 157 個部位。 其中最大新建倉標的為 IP。 本季清倉部位包含 DECK。
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。