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: 0001635663
申報總市值
US$4.7億
US$4.7億
59 檔
17.3%
Q4 2025 季度申報顯示，Steamboat Capital Partners, LLC 揭露的美股組合總市值為 US$4.7億，涵蓋 59 個不同之權益投資部位。
Q4 2025 的申報記錄反映 Steamboat Capital Partners, LLC 的板塊替換策略：機構本季推動了 31 筆增持與 35 筆減持，籌碼呈現明顯的結構重組。
檢視投資組合結構，前 5 大主力部位（包含 ACMR, GOOG, CENX）占據了總市值的 17.3%，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 | ACMR | Acm Research Inc-class A | 股票-其他 | 5.46% | +2.78% | -3.97% | |
| 2 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 4.88% | -0.73% | +1.49% | |
| 3 | CENX | Century Aluminum Company | 股票-原物料 | 4.56% | -1.11% | -10.20% | |
| 4 | AER | AerCap Holdings N.V. | 股票-工業 | 3.95% | +1.25% | -9.61% | |
| 5 | AVGO | Broadcom Inc | 股票-科技 | 3.39% | +0.93% | -15.34% | |
| 6 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 3.00% | -1.07% | +1.49% | |
| 7 | SAN | Banco Santander Sa-spon Adr | 股票-金融 | 2.91% | -0.75% | -34.38% | |
| 8 | REZI | Resideo Technologies Inc | 股票-工業 | 2.89% | -0.63% | -20.94% | |
| 9 | GPN | Global Payments Inc | 股票-工業 | 2.89% | -0.05% | -0.29% | |
| 10 | COMP | Compass Inc - Class A | 股票-房地產 | 2.85% | +0.94% | +17.29% | |
| 11 | THC | Tenet Healthcare CORP | 股票-醫療保健 | 2.80% | +0.84% | +0.21% | |
| 12 | MHO | M/i Homes Inc | 股票-循環性消費 | 2.70% | +0.27% | -0.02% | |
| 13 | HALO | Halozyme Therapeutics Inc | 股票-醫療保健 | 2.66% | +0.05% | +1.17% | |
| 14 | MU | Micron Technology Inc | 股票-科技 | 2.61% | +1.38% | +0.11% | |
| 15 | GPOR | Gulfport Energy CORP | 股票-其他 | 2.60% | -0.76% | -0.26% | |
| 16 | TIPT | Tiptree Inc | 股票-其他 | 2.48% | -2.19% | +24.59% | |
| 17 | TMHC | Taylor Morrison Home CORP | 股票-循環性消費 | 2.41% | -1.46% | EXIT | |
| 18 | PRTH | Priority Technology Holdings | 股票-其他 | 2.36% | +0.41% | +13.53% | |
| 19 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 2.33% | +0.24% | -0.65% | |
| 20 | DELL | Dell Technologies -c | 股票-科技 | 2.13% | +1.18% | -7.20% | |
| 21 | TLN | Talen Energy CORP | 股票-公用事業 | 2.11% | +0.04% | +31.04% | |
| 22 | TMUS | T-mobile US Inc | 股票-通訊服務 | 2.08% | -0.62% | +0.83% | |
| 23 | MSFT | Microsoft CORP | 股票-科技 | 1.99% | -0.20% | +0.78% | |
| 24 | IESC | Ies Holdings Inc | 股票-工業 | 1.93% | -0.16% | -0.22% | |
| 25 | VCTR | Victory Capital Holding - A | 股票-其他 | 1.85% | +0.13% | +0.74% | |
| 26 | GPGI | Gpgi Inc | 股票-其他 | 1.75% | — | +1.48% | |
| 27 | ARES | Ares Management CORP - A | 股票-金融 | 1.74% | — | — | |
| 28 | PPLI | People Inc | 股票-通訊服務 | 1.72% | -1.58% | EXIT | |
| 29 | AMZN | Amazon.com Inc | 股票-循環性消費 | 1.56% | -0.04% | +1.50% | |
| 30 | HNRG | Hallador Energy Co | 股票-其他 | 1.53% | -0.81% | EXIT | |
| 31 | SN | SharkNinja, Inc. | 股票-循環性消費 | 1.51% | +0.29% | +2.37% | |
| 32 | SLM | Slm CORP | 股票-金融 | 1.36% | -0.43% | -0.70% | |
| 33 | CRH | CRH plc | 股票-原物料 | 1.19% | -0.24% | +0.75% | |
| 34 | DAL | Delta Air Lines Inc | 股票-工業 | 1.14% | +0.29% | -0.35% | |
| 35 | NVDA | Nvidia CORP | 股票-科技 | 1.01% | -0.03% | — | |
| 36 | TDG | Transdigm Group Inc | 股票-工業 | 1.00% | — | -0.40% | |
| 37 | CWAN | Clearwater Analytics Holdings, Inc. | 股票-科技 | 0.98% | — | — | |
| 38 | LOW | Lowe's Cos Inc | 股票-循環性消費 | 0.97% | -0.18% | +0.79% | |
| 39 | BX | Blackstone Inc | 股票-金融 | 0.93% | -0.08% | +0.77% | |
| 40 | MED | Medifast Inc | 股票-其他 | 0.81% | -0.19% | — | |
| 41 | LAD | Lithia Motors Inc | 股票-循環性消費 | 0.81% | — | +1.30% | |
| 42 | NRG | Nrg Energy Inc | 股票-公用事業 | 0.81% | -0.10% | -0.23% | |
| 43 | VST | Vistra CORP | 股票-公用事業 | 0.80% | -0.07% | -0.35% | |
| 44 | ACGL | Arch Capital Group Ltd. | 股票-金融 | 0.79% | -0.10% | -33.82% | |
| 45 | CORZ | Core Scientific Inc | 股票-科技 | 0.78% | +0.69% | — | |
| 46 | CI | THE Cigna Group | 股票-醫療保健 | 0.70% | -0.07% | +0.22% | |
| 47 | RHLD | Resolute Holdings Manag | 股票-其他 | 0.60% | — | — | |
| 48 | GFF | Griffon CORP | 股票-工業 | 0.55% | +0.10% | -0.38% | |
| 49 | RDN | Radian Group Inc | 股票-金融 | 0.48% | — | -1.53% | |
| 50 | EQH | Equitable Holdings Inc | 股票-金融 | 0.46% | — | -81.19% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | GOOG | Alphabet Inc-cl C | +1.3% | +1.49% | 加碼 |
| 2 | MU | Micron Technology Inc | +1.2% | +0.11% | 加碼 |
| 3 | COMP | Compass Inc - Class A | +1.1% | +17.29% | 加碼 |
| 4 | CENX | Century Aluminum Company | +1% | -10.20% | 減碼 |
| 5 | TIPT | Tiptree Inc | +0.5% | +24.59% | 加碼 |
| 6 | AER | AerCap Holdings N.V. | +0.5% | -9.61% | 減碼 |
| 7 | GPOR | Gulfport Energy CORP | +0.5% | -0.26% | 減碼 |
| 8 | TLN | Talen Energy CORP | +0.4% | +31.04% | 加碼 |
| 9 | PPLI | People Inc | +0.3% | -0.19% | 減碼 |
| 10 | TSM | Taiwan Semiconductor-sp Adr | +0.3% | -0.65% | 減碼 |
| 11 | DAL | Delta Air Lines Inc | +0.3% | -0.35% | 減碼 |
| 12 | SN | SharkNinja, Inc. | +0.2% | +2.37% | 加碼 |
| 13 | AMZN | Amazon.com Inc | +0.2% | +1.50% | 加碼 |
| 14 | ACMR | Acm Research Inc-class A | +0.1% | -3.97% | 減碼 |
| 15 | CRH | CRH plc | +0.1% | +0.75% | 加碼 |
| 16 | THC | Tenet Healthcare CORP | +0.1% | +0.21% | 加碼 |
| 17 | LAD | Lithia Motors Inc | +0.1% | +1.30% | 加碼 |
| 18 | IESC | Ies Holdings Inc | +0.1% | -0.22% | 減碼 |
| 19 | VCTR | Victory Capital Holding - A | +0.1% | +0.74% | 加碼 |
| 20 | TDG | Transdigm Group Inc | +0.1% | -0.40% | 減碼 |
| 21 | HNRG | Hallador Energy Co | 0% | -0.31% | 減碼 |
| 22 | SLM | Slm CORP | 0% | -0.70% | 減碼 |
| 23 | NRG | Nrg Energy Inc | 0% | -0.23% | 減碼 |
| 24 | RDN | Radian Group Inc | 0% | -1.53% | 減碼 |
| 25 | LOW | Lowe's Cos Inc | 0% | +0.79% | 加碼 |
| 26 | GFF | Griffon CORP | 0% | -0.38% | 減碼 |
| 27 | SARO | Standardaero Inc | 0% | +1.07% | 加碼 |
| 28 | BRK-A | Berkshire Hathaway Inc-cl A | 0% | — | 不變 |
| 29 | CI | THE Cigna Group | — | +0.22% | 加碼 |
| 30 | MSFT | Microsoft CORP | 0% | +0.78% | 加碼 |
| 31 | GPGI | Gpgi Inc | 0% | +1.48% | 加碼 |
| 32 | TRIP | Tripadvisor Inc | 0% | -0.15% | 減碼 |
| 33 | BX | Blackstone Inc | 0% | +0.77% | 加碼 |
| 34 | JD | Jd.com Inc-adr | -0.1% | -0.06% | 減碼 |
| 35 | BABA | Alibaba Group Holding-sp Adr | -0.1% | +0.20% | 加碼 |
| 36 | GPN | Global Payments Inc | -0.1% | -0.29% | 減碼 |
| 37 | HALO | Halozyme Therapeutics Inc | -0.1% | +1.17% | 加碼 |
| 38 | FISV | Fiserv Inc | -0.1% | +5.50% | 加碼 |
| 39 | META | Meta Platforms Inc-class A | -0.1% | +1.49% | 加碼 |
| 40 | PRTH | Priority Technology Holdings | -0.1% | +13.53% | 加碼 |
| 41 | VST | Vistra CORP | -0.1% | -0.35% | 減碼 |
| 42 | TMHC | Taylor Morrison Home CORP | -0.1% | +0.84% | 加碼 |
| 43 | MHO | M/i Homes Inc | -0.2% | -0.02% | 減碼 |
| 44 | AVGO | Broadcom Inc | -0.2% | -15.34% | 減碼 |
| 45 | TMUS | T-mobile US Inc | -0.2% | +0.83% | 加碼 |
| 46 | ACGL | Arch Capital Group Ltd. | -0.3% | -33.82% | 減碼 |
| 47 | DELL | Dell Technologies -c | -0.3% | -7.20% | 減碼 |
| 48 | SAN | Banco Santander Sa-spon Adr | -0.9% | -34.38% | 減碼 |
| 49 | OSUR | Orasure Technologies Inc | -0.9% | -70.41% | 減碼 |
| 50 | REZI | Resideo Technologies Inc | -1.4% | -20.94% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Steamboat Capital Partners, LLC 在 Q4 2025 季度的美股持倉總市值約為 US$4.7億，共申報了 59 個公開持股部位。
在 Q4 2025 季度，Steamboat Capital Partners, LLC 按市值排列的前三大核心持股分別為：ACMR (5.5%)、GOOG (4.9%)、CENX (4.6%)。其中最大持股部位 ACMR 佔據整體投資組合約 5.5% 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
ARES
市值: US$635.1萬
本季最大獲利了結 / 清倉標的
PM
前期市值: US$719.5萬
在 Q4 2025 季度中，Steamboat Capital Partners, LLC 共進行了 66 項持倉異動，包含新建倉 7 個部位、加碼 24 個部位、減碼 27 個部位以及清倉 8 個部位。 其中最大新建倉標的為 ARES。 本季清倉部位包含 PM。
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。