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: 0000757657
申報總市值
US$89.3億
US$89.3億
1269 檔
9.7%
Stephens Inc /ar/ 在 Q4 2024 季度的美股部位總計估值為 US$89.3億，分散於 1269 個持倉標的之中，反映其市場參與廣度與投資規模。
觀察 Q4 2024 的資金脈絡，Stephens Inc /ar/ 在獲利結算 10 檔個股的同時，將資本重新部署至 15 檔新選標的，展現主動管理機構的輪動節奏。
從部位權重觀察，前 5 大標的（包含 VTI, AAPL, MSFT）累計市值佔比達 9.7%，是驅動 Stephens Inc /ar/ 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 1269 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 | VTI | Vanguard Total Stock Mkt ETF | ETF-其他 | 3.46% | +0.09% | -1.73% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 2.88% | +0.11% | +1.34% | |
| 3 | MSFT | Microsoft CORP | 股票-科技 | 1.98% | -0.14% | +5.74% | |
| 4 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 1.95% | +0.31% | +2.40% | |
| 5 | IWD | Ishares Russell 1000 Value E | ETF-其他 | 1.80% | +0.05% | +4.71% | |
| 6 | WMT | Walmart Inc | 股票-非循環性消費 | 1.70% | -0.38% | +0.39% | |
| 7 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 1.68% | +0.04% | +0.74% | |
| 8 | IWF | Ishares Russell 1000 Growth | ETF-其他 | 1.51% | +0.08% | +0.62% | |
| 9 | AMZN | Amazon.com Inc | 股票-循環性消費 | 1.50% | +0.14% | +0.45% | |
| 10 | IWS | Ishares Russell Mid-cap Valu | ETF-其他 | 1.49% | -0.01% | +0.72% | |
| 11 | AVGO | Broadcom Inc | 股票-科技 | 1.36% | +0.09% | +3.03% | |
| 12 | NVDA | Nvidia CORP | 股票-科技 | 1.28% | +0.08% | +2.86% | |
| 13 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.27% | +0.05% | +3.03% | |
| 14 | KRUS | Kura Sushi USA Inc-class A | 股票-其他 | 0.95% | -0.26% | -10.17% | |
| 15 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.93% | +0.16% | +9.57% | |
| 16 | SHY | Ishares 1-3 Year Treasury Bo | ETF-政府公債 | 0.92% | -0.07% | -40.32% | |
| 17 | VTV | Vanguard Value ETF | ETF-其他 | 0.89% | — | +7.07% | |
| 18 | IWP | Ishares Russell Mid-cap Grow | ETF-其他 | 0.87% | -0.04% | -2.12% | |
| 19 | VOO | Vanguard S&p 500 ETF | ETF-大型股與成長 | 0.84% | +0.04% | +48.30% | |
| 20 | BX | Blackstone Inc | 股票-金融 | 0.83% | -0.02% | +7.53% | |
| 21 | VUG | Vanguard Growth ETF | ETF-其他 | 0.78% | +0.06% | +4.89% | |
| 22 | IWV | Ishares Russell 3000 ETF | ETF-其他 | 0.76% | +0.09% | +2.41% | |
| 23 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 0.76% | +0.18% | +4.85% | |
| 24 | IGSB | Ishares 1-5y Inv Grade CORP | ETF-其他 | 0.73% | -0.05% | +25.83% | |
| 25 | AMLP | Alerian Mlp ETF | ETF-其他 | 0.73% | -0.08% | +9.67% | |
| 26 | VCSH | Vanguard S/t CORP Bond ETF | ETF-投資等級公司債 | 0.72% | -0.05% | -1.67% | |
| 27 | OBDC | Blue Owl Capital CORP | 股票-金融 | 0.71% | -0.03% | +3.31% | |
| 28 | MA | Mastercard Inc - A | 股票-金融 | 0.66% | -0.06% | +0.69% | |
| 29 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.65% | -0.08% | +1.45% | |
| 30 | VO | Vanguard Mid-cap ETF | ETF-其他 | 0.64% | — | +45.05% | |
| 31 | VBR | Vanguard Small-cap Value ETF | ETF-其他 | 0.64% | +0.08% | -2.01% | |
| 32 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.63% | -0.02% | -21.88% | |
| 33 | USFR | Wisdomtree Floating Rate Tre | ETF-其他 | 0.62% | -0.03% | +2.02% | |
| 34 | JCPB | Jpmorgan Core Plus Bond ETF | ETF-其他 | 0.58% | -0.02% | -18.89% | |
| 35 | IWR | Ishares Russell Mid-cap ETF | ETF-其他 | 0.57% | +0.03% | +1.48% | |
| 36 | V | Visa Inc-class A Shares | 股票-金融 | 0.57% | — | +0.79% | |
| 37 | IOO | Ishares Global 100 ETF | ETF-其他 | 0.54% | +0.13% | +5.93% | |
| 38 | JPST | Jpmorgan Ultra-short Income | ETF-其他 | 0.53% | -0.05% | +0.42% | |
| 39 | MOAT | Vaneck Morningstar Wide Moat | ETF-其他 | 0.53% | -0.02% | -0.49% | |
| 40 | XOM | Exxon Mobil CORP | 股票-能源 | 0.52% | -0.18% | -0.80% | |
| 41 | IWM | Ishares Russell 2000 ETF | ETF-中小型股 | 0.52% | +0.13% | +88.83% | |
| 42 | CVX | Chevron CORP | 股票-能源 | 0.51% | -0.20% | +18.28% | |
| 43 | CRM | Salesforce Inc | 股票-科技 | 0.50% | -0.06% | +9.27% | |
| 44 | VEA | Vanguard Ftse Developed ETF | ETF-其他 | 0.50% | — | +54.34% | |
| 45 | VONG | Vanguard Russell 1000 Growth | ETF-其他 | 0.49% | +0.02% | +2.13% | |
| 46 | VRP | Invesco Variable Rate Prefer | ETF-其他 | 0.49% | +0.01% | +1.26% | |
| 47 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.47% | +0.11% | +8.19% | |
| 48 | CAT | Caterpillar Inc | 股票-工業 | 0.46% | +0.18% | -0.21% | |
| 49 | VIG | Vanguard Dividend Apprec ETF | ETF-其他 | 0.46% | -0.02% | +0.99% | |
| 50 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.44% | — | -3.74% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | VGSH | Vanguard Short-term Treasury | +0.4% | +5006.41% | 加碼 |
| 2 | AVGO | Broadcom Inc | +0.4% | +3.03% | 加碼 |
| 3 | VOO | Vanguard S&p 500 ETF | +0.3% | +48.30% | 加碼 |
| 4 | IWM | Ishares Russell 2000 ETF | +0.2% | +88.83% | 加碼 |
| 5 | AMZN | Amazon.com Inc | +0.2% | +0.45% | 加碼 |
| 6 | BSCQ | Invesco Bulletshares 2026 Cb | +0.2% | +636.71% | 加碼 |
| 7 | AAPL | Apple Inc | +0.2% | +1.34% | 加碼 |
| 8 | VO | Vanguard Mid-cap ETF | +0.2% | +45.05% | 加碼 |
| 9 | GOOG | Alphabet Inc-cl C | +0.2% | +9.57% | 加碼 |
| 10 | APO | Apollo Global Management Inc | +0.2% | +28.29% | 加碼 |
| 11 | WMT | Walmart Inc | +0.2% | +0.39% | 加碼 |
| 12 | JPM | Jpmorgan Chase & Co | +0.2% | +3.03% | 加碼 |
| 13 | PLTR | Palantir Technologies Inc-a | +0.2% | -22.60% | 減碼 |
| 14 | NVDA | Nvidia CORP | +0.1% | +2.86% | 加碼 |
| 15 | JBHT | Hunt (jb) Transprt Svcs Inc | +0.1% | +119.02% | 加碼 |
| 16 | BX | Blackstone Inc | +0.1% | +7.53% | 加碼 |
| 17 | VEA | Vanguard Ftse Developed ETF | +0.1% | +54.34% | 加碼 |
| 18 | IGSB | Ishares 1-5y Inv Grade CORP | +0.1% | +25.83% | 加碼 |
| 19 | DRI | Darden Restaurants Inc | +0.1% | +1832.88% | 加碼 |
| 20 | PDEC | Innovator U.s. Equity Power | +0.1% | +61.49% | 加碼 |
| 21 | CRM | Salesforce Inc | +0.1% | +9.27% | 加碼 |
| 22 | GOOGL | Alphabet Inc-cl A | +0.1% | +4.85% | 加碼 |
| 23 | QQQ | Invesco Qqq Trust Series 1 | +0.1% | +2.40% | 加碼 |
| 24 | TROW | T Rowe Price Group Inc | +0.1% | +1591.68% | 加碼 |
| 25 | BLK | Blackrock Inc | +0.1% | NEW | 新建倉 |
| 26 | IWF | Ishares Russell 1000 Growth | +0.1% | +0.62% | 加碼 |
| 27 | HPQ | Hp Inc | +0.1% | +1314.62% | 加碼 |
| 28 | GS | Goldman Sachs Group Inc | +0.1% | +8.19% | 加碼 |
| 29 | VUG | Vanguard Growth ETF | +0.1% | +4.89% | 加碼 |
| 30 | AEP | American Electric Power | +0.1% | +169.70% | 加碼 |
| 31 | OWL | Blue Owl Capital Inc | +0.1% | +37.68% | 加碼 |
| 32 | AMLP | Alerian Mlp ETF | +0.1% | +9.67% | 加碼 |
| 33 | V | Visa Inc-class A Shares | +0.1% | +0.79% | 加碼 |
| 34 | TGT | Target CORP | +0.1% | +245.40% | 加碼 |
| 35 | CVX | Chevron CORP | +0.1% | +18.28% | 加碼 |
| 36 | ET | Energy Transfer LP | +0.1% | +4.23% | 加碼 |
| 37 | TSLA | Tesla Inc | +0.1% | -11.89% | 減碼 |
| 38 | KKR | Kkr & Co Inc | +0.1% | +11.10% | 加碼 |
| 39 | GPC | Genuine Parts Co | +0.1% | +350.78% | 加碼 |
| 40 | HSY | Hershey Co/the | +0.1% | +278.95% | 加碼 |
| 41 | SNOV | Ft Vest US Small Cap Moderat | +0.1% | NEW | 新建倉 |
| 42 | ENOV | Enovis CORP | +0.1% | NEW | 新建倉 |
| 43 | PAGP | Plains Gp Holdings Lp-cl A | +0.1% | +1862.00% | 加碼 |
| 44 | IGV | Ishares Expanded Tech-softwa | +0.1% | +556.73% | 加碼 |
| 45 | FIXD | First Trust Smith Opportunis | +0.1% | NEW | 新建倉 |
| 46 | NKE | Nike Inc -cl B | +0.1% | +131.71% | 加碼 |
| 47 | MSFT | Microsoft CORP | 0% | +5.74% | 加碼 |
| 48 | OBDC | Blue Owl Capital CORP | 0% | +3.31% | 加碼 |
| 49 | KALU | Kaiser Aluminum CORP | 0% | NEW | 新建倉 |
| 50 | CSCO | Cisco Systems Inc | 0% | +0.19% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Stephens Inc /ar/ 在 Q4 2024 季度的美股持倉總市值約為 US$89.3億，共申報了 1269 個公開持股部位。
在 Q4 2024 季度，Stephens Inc /ar/ 按市值排列的前三大核心持股分別為：VTI (3.5%)、AAPL (2.9%)、MSFT (2.0%)。其中最大持股部位 VTI 佔據整體投資組合約 3.5% 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
BLK
市值: US$694.7萬
本季最大獲利了結 / 清倉標的
BSCO
前期市值: US$1478.1萬
在 Q4 2024 季度中，Stephens Inc /ar/ 共進行了 200 項持倉異動，包含新建倉 15 個部位、加碼 89 個部位、減碼 86 個部位以及清倉 10 個部位。 其中最大新建倉標的為 BLK。 本季清倉部位包含 BSCO。
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。