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: 0001314440
申報總市值
US$93.3億
US$93.3億
178 檔
7.6%
在 Q2 2025 的 13F 官方備案中，Stephens Investment Management Group LLC 管理的美股投資組合規模來到 US$93.3億，整體持股檔數為 178 檔。
從 Q2 2025 申報觀察，Stephens Investment Management Group LLC 採取防禦導向的調倉策略，本季減碼 98 檔個股並出清 2 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 AVAV, CYBERARK SOFTWARE LTD. CMN, WING）累計市值佔比達 7.6%，是驅動 Stephens Investment Management Group LLC 該季度整體投資組合績效表現的核心支柱。
| # | 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 | AVAV | Aerovironment Inc | 股票-工業 | 2.38% | -0.23% | -16.98% | |
| 2 | ✓ | Cyberark Software LTD. Cmn | 股票-其他 | 1.83% | — | -7.17% | |
| 3 | WING | Wingstop Inc | 股票-循環性消費 | 1.79% | +0.44% | -9.83% | |
| 4 | GWRE | Guidewire Software Inc | 股票-科技 | 1.78% | -0.30% | -24.30% | |
| 5 | KTOS | Kratos Defense & Security | 股票-工業 | 1.58% | — | -33.18% | |
| 6 | HEI-A | Heico Corp-class A | 股票-其他 | 1.57% | +0.01% | -15.53% | |
| 7 | EXEL | Exelixis Inc | 股票-醫療保健 | 1.54% | +0.10% | -12.40% | |
| 8 | FCFS | Firstcash Holdings Inc | 股票-金融 | 1.51% | -0.41% | -4.49% | |
| 9 | HOOD | Robinhood Markets Inc - A | 股票-金融 | 1.46% | +0.14% | -5.51% | |
| 10 | RBC | RBC Bearings Inc | 股票-工業 | 1.45% | -0.12% | -6.77% | |
| 11 | OLLI | Ollie's Bargain Outlet Holdi | 股票-非循環性消費 | 1.42% | -0.28% | +0.84% | |
| 12 | HQY | Healthequity Inc | 股票-醫療保健 | 1.41% | -0.07% | -4.97% | |
| 13 | FTI | TechnipFMC plc | 股票-能源 | 1.40% | -0.26% | -10.32% | |
| 14 | LYV | Live Nation Entertainment In | 股票-通訊服務 | 1.32% | +0.01% | -6.09% | |
| 15 | EXE | Expand Energy CORP | 股票-能源 | 1.31% | -0.34% | -12.35% | |
| 16 | TW | Tradeweb Markets Inc-class A | 股票-金融 | 1.31% | -0.22% | -6.17% | |
| 17 | TTWO | Take-two Interactive Softwre | 股票-通訊服務 | 1.31% | +0.03% | -18.08% | |
| 18 | FIVE | Five Below | 股票-循環性消費 | 1.29% | -0.69% | +4.78% | |
| 19 | BURL | Burlington Stores Inc | 股票-循環性消費 | 1.24% | -0.18% | -3.17% | |
| 20 | MANH | Manhattan Associates Inc | 股票-科技 | 1.19% | -0.01% | +2.40% | |
| 21 | EA | Electronic Arts Inc | 股票-通訊服務 | 1.17% | — | -5.54% | |
| 22 | RYAN | Ryan Specialty Holdings Inc | 股票-金融 | 1.17% | -0.02% | -20.59% | |
| 23 | DPZ | Domino's Pizza Inc | 股票-循環性消費 | 1.14% | -0.62% | EXIT | |
| 24 | PLMR | Palomar Holdings Inc | 股票-金融 | 1.14% | -0.18% | -16.92% | |
| 25 | AXON | Axon Enterprise Inc | 股票-工業 | 1.13% | +0.39% | -38.84% | |
| 26 | IRTC | Irhythm Holdings Inc | 股票-醫療保健 | 1.12% | -0.03% | +6.21% | |
| 27 | VRNS | Varonis Systems Inc | 股票-科技 | 1.12% | +0.38% | +4.10% | |
| 28 | BWXT | Bwx Technologies Inc | 股票-工業 | 1.12% | -0.32% | +12.15% | |
| 29 | VRSK | Verisk Analytics Inc | 股票-工業 | 1.11% | -0.20% | -17.88% | |
| 30 | TYL | Tyler Technologies Inc | 股票-科技 | 1.11% | -0.19% | -5.67% | |
| 31 | TOST | Toast Inc-class A | 股票-科技 | 1.11% | -0.08% | -7.55% | |
| 32 | RMD | Resmed Inc | 股票-醫療保健 | 1.10% | -0.74% | -9.42% | |
| 33 | VRT | Vertiv Holdings Co-a | 股票-工業 | 1.08% | -0.82% | -5.08% | |
| 34 | EVR | Evercore Inc - A | 股票-金融 | 1.06% | -0.02% | +4.64% | |
| 35 | BOOT | Boot Barn Holdings Inc | 股票-循環性消費 | 1.06% | -0.02% | +13.38% | |
| 36 | 62C | Piper Sandler Cos | 股票-其他 | 1.03% | — | +11.59% | |
| 37 | MTSI | Macom Technology Solutions H | 股票-科技 | 1.02% | -0.28% | +8.35% | |
| 38 | KNSL | Kinsale Capital Group Inc | 股票-金融 | 1.01% | -0.58% | EXIT | |
| 39 | DXCM | Dexcom Inc | 股票-醫療保健 | 1.01% | -0.05% | +4.37% | |
| 40 | BRBR | Bellring Brands Inc | 股票-非循環性消費 | 1.00% | — | -6.11% | |
| 41 | BFAM | Bright Horizons Family Solut | 股票-循環性消費 | 0.96% | -0.18% | -4.03% | |
| 42 | LGND | Ligand Pharmaceuticals | 股票-醫療保健 | 0.91% | +0.26% | -0.40% | |
| 43 | HALO | Halozyme Therapeutics Inc | 股票-醫療保健 | 0.89% | +0.09% | -3.37% | |
| 44 | RGEN | Repligen CORP | 股票-醫療保健 | 0.86% | +0.15% | -3.09% | |
| 45 | PTC | Ptc Inc | 股票-科技 | 0.84% | -0.29% | -5.19% | |
| 46 | P | Everpure Inc-a | 股票-科技 | 0.83% | +0.09% | -4.64% | |
| 47 | CSGP | Costar Group Inc | 股票-房地產 | 0.82% | -0.48% | EXIT | |
| 48 | ICLR | ICON Public Limited Company | 股票-醫療保健 | 0.80% | +0.43% | -3.26% | |
| 49 | ROK | Rockwell Automation Inc | 股票-工業 | 0.75% | +0.15% | -6.64% | |
| 50 | TSCO | Tractor Supply Company | 股票-循環性消費 | 0.75% | -0.22% | -6.62% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | AVAV | Aerovironment Inc | +1.1% | -16.98% | 減碼 |
| 2 | HOOD | Robinhood Markets Inc - A | +0.7% | -5.51% | 減碼 |
| 3 | FIVE | Five Below | +0.5% | +4.78% | 加碼 |
| 4 | VIK | Viking Holdings Ltd | +0.4% | NEW | 新建倉 |
| 5 | VRT | Vertiv Holdings Co-a | +0.4% | -5.08% | 減碼 |
| 6 | BWXT | Bwx Technologies Inc | +0.4% | +12.15% | 加碼 |
| 7 | EXK | Exact Sciences CORP | +0.4% | NEW | 新建倉 |
| 8 | WING | Wingstop Inc | +0.3% | -9.83% | 減碼 |
| 9 | BOOT | Boot Barn Holdings Inc | +0.3% | +13.38% | 加碼 |
| 10 | IRTC | Irhythm Holdings Inc | +0.3% | +6.21% | 加碼 |
| 11 | MTSI | Macom Technology Solutions H | +0.3% | +8.35% | 加碼 |
| 12 | RDDT | Reddit Inc-cl A | +0.3% | +35.01% | 加碼 |
| 13 | PCOR | Procore Technologies Inc | +0.3% | NEW | 新建倉 |
| 14 | MGNI | Magnite Inc | +0.3% | +42.02% | 加碼 |
| 15 | EVR | Evercore Inc - A | +0.2% | +4.64% | 加碼 |
| 16 | U | Unity Software Inc | +0.2% | +77.63% | 加碼 |
| 17 | VRNS | Varonis Systems Inc | +0.2% | +4.10% | 加碼 |
| 18 | DXCM | Dexcom Inc | +0.2% | +4.37% | 加碼 |
| 19 | XMTR | Xometry Inc-a | +0.2% | NEW | 新建倉 |
| 20 | MCHP | Microchip Technology Inc | +0.2% | -0.86% | 減碼 |
| 21 | LASR | Nlight Inc | +0.2% | +13.68% | 加碼 |
| 22 | FN | Fabrinet | +0.2% | -1.24% | 減碼 |
| 23 | SLAB | Silicon Laboratories Inc | +0.2% | +9.44% | 加碼 |
| 24 | TOST | Toast Inc-class A | +0.1% | -7.55% | 減碼 |
| 25 | 62C | Piper Sandler Cos | +0.1% | +11.59% | 加碼 |
| 26 | CIEN | Ciena CORP | +0.1% | -1.42% | 減碼 |
| 27 | SAIL | Sailpoint Inc | +0.1% | +22.27% | 加碼 |
| 28 | CRDO | Credo Technology Group Holding Ltd | +0.1% | NEW | 新建倉 |
| 29 | PODD | Insulet CORP | +0.1% | +11.79% | 加碼 |
| 30 | P | Everpure Inc-a | +0.1% | -4.64% | 減碼 |
| 31 | KRMN | Karman Holdings Inc | +0.1% | +32.66% | 加碼 |
| 32 | AGYS | Agilysys Inc | +0.1% | +33.03% | 加碼 |
| 33 | ONT | Onterris Inc | +0.1% | +44.59% | 加碼 |
| 34 | GENI | Genius Sports Limited | +0.1% | NEW | 新建倉 |
| 35 | TITN | Titan Machinery Inc | +0.1% | NEW | 新建倉 |
| 36 | GPOR | Gulfport Energy CORP | +0.1% | NEW | 新建倉 |
| 37 | BROS | Dutch Bros Inc-class A | +0.1% | NEW | 新建倉 |
| 38 | PAR | Par Technology Corp/del | +0.1% | NEW | 新建倉 |
| 39 | MANH | Manhattan Associates Inc | +0.1% | +2.40% | 加碼 |
| 40 | ASO | Academy Sports & Outdoors In | +0.1% | +23.94% | 加碼 |
| 41 | ECPG | Encore Capital Group Inc | +0.1% | +9.12% | 加碼 |
| 42 | DT | Dynatrace Inc | +0.1% | +12.57% | 加碼 |
| 43 | AMBA | Ambarella, Inc. | +0.1% | -1.17% | 減碼 |
| 44 | OLLI | Ollie's Bargain Outlet Holdi | +0.1% | +0.84% | 加碼 |
| 45 | ROK | Rockwell Automation Inc | +0.1% | -6.64% | 減碼 |
| 46 | MNDY | monday.com Ltd. | +0.1% | -5.58% | 減碼 |
| 47 | SLP | Simulations Plus Inc | +0.1% | NEW | 新建倉 |
| 48 | HQY | Healthequity Inc | +0.1% | -4.97% | 減碼 |
| 49 | IDXX | Idexx Laboratories Inc | +0.1% | -7.23% | 減碼 |
| 50 | DRS | Leonardo Drs Inc | +0.1% | -12.22% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Stephens Investment Management Group LLC 在 Q2 2025 季度的美股持倉總市值約為 US$93.3億，共申報了 178 個公開持股部位。
在 Q2 2025 季度，Stephens Investment Management Group LLC 按市值排列的前三大核心持股分別為：AVAV (2.4%)、CYBERARK SOFTWARE LTD. CMN (1.8%)、WING (1.8%)。其中最大持股部位 AVAV 佔據整體投資組合約 2.4% 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
VIK
市值: US$3242.7萬
本季最大獲利了結 / 清倉標的
GLOB
前期市值: US$3430.5萬
在 Q2 2025 季度中，Stephens Investment Management Group LLC 共進行了 170 項持倉異動，包含新建倉 13 個部位、加碼 57 個部位、減碼 98 個部位以及清倉 2 個部位。 其中最大新建倉標的為 VIK。 本季清倉部位包含 GLOB。
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。