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
133 檔
11.2%
截至 Q4 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 133 檔。
在 Q4 2025，Stance Capital LLC 展現出較為審慎的避險與獲利了結姿態。本季共減碼 26 個部位並完全清倉 89 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 STNC, CHGX, AMD）占據了總市值的 11.2%，展現出該機構在 Q4 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 | 5.37% | -2.03% | -6.20% | |
| 2 | CHGX | Stance Sustainable Beta ETF | ETF-其他 | 2.60% | -0.71% | +420.29% | |
| 3 | AMD | Advanced Micro Devices | 股票-科技 | 2.03% | -0.28% | +204.14% | |
| 4 | HLT | Hilton Worldwide Holdings In | 股票-循環性消費 | 1.78% | +0.94% | NEW | |
| 5 | NVDA | Nvidia CORP | 股票-科技 | 1.71% | +0.51% | +229.25% | |
| 6 | INTC | Intel CORP | 股票-科技 | 1.70% | +2.11% | +118.59% | |
| 7 | V | Visa Inc-class A Shares | 股票-金融 | 1.66% | +0.56% | NEW | |
| 8 | SYK | Stryker CORP | 股票-醫療保健 | 1.62% | +0.54% | NEW | |
| 9 | TRV | Travelers Cos Inc/the | 股票-金融 | 1.54% | — | — | |
| 10 | CAH | Cardinal Health Inc | 股票-醫療保健 | 1.53% | — | +9.14% | |
| 11 | ADP | Automatic Data Processing | 股票-科技 | 1.52% | -1.38% | +251.53% | |
| 12 | GPC | Genuine Parts Co | 股票-循環性消費 | 1.51% | -0.69% | — | |
| 13 | GWW | Ww Grainger Inc | 股票-工業 | 1.48% | +0.87% | NEW | |
| 14 | DAL | Delta Air Lines Inc | 股票-工業 | 1.45% | — | -24.20% | |
| 15 | UAL | United Airlines Holdings Inc | 股票-工業 | 1.41% | -0.01% | EXIT | |
| 16 | BG | Bunge Global SA | 股票-非循環性消費 | 1.27% | — | NEW | |
| 17 | COR | Cencora Inc | 股票-醫療保健 | 1.26% | -0.26% | — | |
| 18 | GM | General Motors Co | 股票-循環性消費 | 1.25% | -0.14% | — | |
| 19 | JBL | Jabil Inc | 股票-科技 | 1.22% | -0.73% | — | |
| 20 | EIX | Edison International | 股票-公用事業 | 1.22% | -0.40% | +7860.52% | |
| 21 | F | Ford Motor Co | 股票-循環性消費 | 1.18% | -0.77% | -21.43% | |
| 22 | GL | Globe Life Inc | 股票-金融 | 1.15% | — | +58.68% | |
| 23 | CVS | Cvs Health CORP | 股票-醫療保健 | 1.14% | — | — | |
| 24 | EBAY | Ebay Inc | 股票-循環性消費 | 1.14% | -1.49% | +9082.43% | |
| 25 | KDP | Keurig Dr Pepper Inc | 股票-非循環性消費 | 1.06% | — | +45491.59% | |
| 26 | CI | THE Cigna Group | 股票-醫療保健 | 1.06% | — | — | |
| 27 | EXR | Extra Space Storage Inc | 股票-房地產 | 1.05% | -0.04% | EXIT | |
| 28 | SJM | Jm Smucker Co/the | 股票-非循環性消費 | 1.05% | — | -17.95% | |
| 29 | KHC | Kraft Heinz Co/the | 股票-非循環性消費 | 1.04% | +0.01% | NEW | |
| 30 | NCLH | Norwegian Cruise Line Holdings Ltd. | 股票-循環性消費 | 1.02% | — | NEW | |
| 31 | RJF | Raymond James Financial Inc | 股票-金融 | 0.98% | — | +4.50% | |
| 32 | TT | Trane Technologies plc | 股票-工業 | 0.95% | -0.23% | EXIT | |
| 33 | IP | International Paper Co | 股票-循環性消費 | 0.89% | — | NEW | |
| 34 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.87% | — | +62.88% | |
| 35 | STX | Seagate Technology Holdings plc | 股票-科技 | 0.84% | +0.84% | NEW | |
| 36 | WRB | Wr Berkley CORP | 股票-金融 | 0.83% | -1.02% | -33.04% | |
| 37 | LULU | Lululemon Athletica Inc | 股票-循環性消費 | 0.81% | +0.09% | NEW | |
| 38 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.72% | — | — | |
| 39 | BBY | Best Buy Co Inc | 股票-循環性消費 | 0.69% | -0.16% | +4696.93% | |
| 40 | CHTR | Charter Communications Inc-a | 股票-通訊服務 | 0.65% | -1.03% | +340.86% | |
| 41 | MU | Micron Technology Inc | 股票-科技 | 0.57% | +0.13% | — | |
| 42 | WMG | Warner Music Group Corp-cl A | 股票-其他 | 0.57% | +0.50% | NEW | |
| 43 | SW | Smurfit Westrock Plc | 股票-循環性消費 | 0.55% | -0.28% | — | |
| 44 | CMCSA | Comcast Corp-class A | 股票-通訊服務 | 0.55% | +0.79% | +20.73% | |
| 45 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.54% | -0.06% | — | |
| 46 | SNAP | Snap Inc - A | 股票-通訊服務 | 0.54% | +0.41% | -0.03% | |
| 47 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.54% | -0.14% | -16.68% | |
| 48 | BMY | Bristol-myers Squibb Co | 股票-醫療保健 | 0.54% | -2.34% | -21.97% | |
| 49 | MCO | Moody's CORP | 股票-金融 | 0.54% | -0.65% | EXIT | |
| 50 | SPGI | S&p Global Inc | 股票-金融 | 0.54% | — | +13.57% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | CHGX | Stance Sustainable Beta ETF | +2.1% | +420.29% | 加碼 |
| 2 | AMD | Advanced Micro Devices | +1.5% | +204.14% | 加碼 |
| 3 | HLT | Hilton Worldwide Holdings In | +1.3% | +245.00% | 加碼 |
| 4 | BG | Bunge Global SA | +1.3% | +9240.82% | 加碼 |
| 5 | EIX | Edison International | +1.2% | +7860.52% | 加碼 |
| 6 | NVDA | Nvidia CORP | +1.2% | +229.25% | 加碼 |
| 7 | EBAY | Ebay Inc | +1.1% | +9082.43% | 加碼 |
| 8 | KDP | Keurig Dr Pepper Inc | +1.1% | +45491.59% | 加碼 |
| 9 | ADP | Automatic Data Processing | +1% | +251.53% | 加碼 |
| 10 | KHC | Kraft Heinz Co/the | +1% | +6633.02% | 加碼 |
| 11 | GWW | Ww Grainger Inc | +1% | +197.61% | 加碼 |
| 12 | INTC | Intel CORP | +1% | +118.59% | 加碼 |
| 13 | LULU | Lululemon Athletica Inc | +0.8% | +3938.70% | 加碼 |
| 14 | BBY | Best Buy Co Inc | +0.7% | +4696.93% | 加碼 |
| 15 | V | Visa Inc-class A Shares | +0.6% | +54.37% | 加碼 |
| 16 | STLD | Steel Dynamics Inc | +0.5% | +5245.70% | 加碼 |
| 17 | CTSH | Cognizant Tech Solutions-a | +0.5% | +2316.38% | 加碼 |
| 18 | FSLR | First Solar Inc | +0.5% | +10575.00% | 加碼 |
| 19 | HPE | Hewlett Packard Enterprise | +0.5% | +2563.72% | 加碼 |
| 20 | CAH | Cardinal Health Inc | +0.5% | +9.14% | 加碼 |
| 21 | CHTR | Charter Communications Inc-a | +0.5% | +340.86% | 加碼 |
| 22 | WDC | Western Digital CORP | +0.5% | +2134.13% | 加碼 |
| 23 | GL | Globe Life Inc | +0.4% | +58.68% | 加碼 |
| 24 | JPM | Jpmorgan Chase & Co | +0.4% | +62.88% | 加碼 |
| 25 | PFE | Pfizer Inc | +0.3% | +26746.00% | 加碼 |
| 26 | IP | International Paper Co | +0.2% | +59.25% | 加碼 |
| 27 | CART | Maplebear Inc | +0.1% | +8.02% | 加碼 |
| 28 | SPGI | S&p Global Inc | +0.1% | +13.57% | 加碼 |
| 29 | KVUE | Kenvue Inc | +0.1% | +14.08% | 加碼 |
| 30 | MCO | Moody's CORP | +0.1% | +9.53% | 加碼 |
| 31 | CMCSA | Comcast Corp-class A | +0.1% | +20.73% | 加碼 |
| 32 | WMG | Warner Music Group Corp-cl A | +0.1% | +25.60% | 加碼 |
| 33 | VRSK | Verisk Analytics Inc | +0.1% | +25.74% | 加碼 |
| 34 | CHD | Church & Dwight Co Inc | +0.1% | +15.65% | 加碼 |
| 35 | AON | Aon plc | +0.1% | +11.13% | 加碼 |
| 36 | CRM | Salesforce Inc | 0% | -3.81% | 減碼 |
| 37 | MA | Mastercard Inc - A | 0% | +6.78% | 加碼 |
| 38 | DIS | Walt Disney Co/the | 0% | +7.48% | 加碼 |
| 39 | MRSH | Marsh & Mclennan Cos | 0% | +14.92% | 加碼 |
| 40 | ORCL | Oracle CORP | 0% | +52.71% | 加碼 |
| 41 | ABT | Abbott Laboratories | 0% | +12.85% | 加碼 |
| 42 | SCHW | Schwab (charles) CORP | 0% | +0.27% | 加碼 |
| 43 | ROP | Roper Technologies Inc | 0% | +17.77% | 加碼 |
| 44 | ECL | Ecolab Inc | 0% | +8.70% | 加碼 |
| 45 | USFD | US Foods Holding CORP | 0% | +7.49% | 加碼 |
| 46 | SNAP | Snap Inc - A | 0% | -0.03% | 減碼 |
| 47 | MRK | Merck & Co. Inc. | 0% | -16.68% | 減碼 |
| 48 | UAL | United Airlines Holdings Inc | 0% | -15.34% | 減碼 |
| 49 | CDNS | Cadence Design Sys Inc | 0% | +6.49% | 加碼 |
| 50 | PYPL | Paypal Holdings Inc | 0% | +9.70% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Stance Capital LLC 在 Q4 2025 季度的美股持倉總市值約為 US$3.3億，共申報了 133 個公開持股部位。
在 Q4 2025 季度，Stance Capital LLC 按市值排列的前三大核心持股分別為：STNC (5.4%)、CHGX (2.6%)、AMD (2.0%)。其中最大持股部位 STNC 佔據整體投資組合約 5.4% 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
TRV
市值: US$418.5萬
本季最大獲利了結 / 清倉標的
TJX
前期市值: US$553.7萬
在 Q4 2025 季度中，Stance Capital LLC 共進行了 200 項持倉異動，包含新建倉 34 個部位、加碼 51 個部位、減碼 26 個部位以及清倉 89 個部位。 其中最大新建倉標的為 TRV。 本季清倉部位包含 TJX。
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。