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
175 檔
7.1%
Q3 2025 季度申報顯示，Stephens Investment Management Group LLC 揭露的美股組合總市值為 US$93.3億，涵蓋 175 個不同之權益投資部位。
Stephens Investment Management Group LLC 在 Q3 2025 的調整主要集中於風險出清，清倉與減碼部位合計達 122 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 AVAV, FCFS, GWRE）占據了總市值的 7.1%，展現出該機構在 Q3 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 | AVAV | Aerovironment Inc | 股票-工業 | 2.11% | -0.23% | -18.44% | |
| 2 | FCFS | Firstcash Holdings Inc | 股票-金融 | 1.76% | -0.41% | +1.01% | |
| 3 | GWRE | Guidewire Software Inc | 股票-科技 | 1.61% | -0.30% | -5.56% | |
| 4 | KTOS | Kratos Defense & Security | 股票-工業 | 1.59% | — | -48.01% | |
| 5 | EA | Electronic Arts Inc | 股票-通訊服務 | 1.51% | — | +3.98% | |
| 6 | HEI-A | Heico Corp-class A | 股票-其他 | 1.40% | +0.01% | -6.94% | |
| 7 | RBC | RBC Bearings Inc | 股票-工業 | 1.37% | -0.12% | -4.83% | |
| 8 | WING | Wingstop Inc | 股票-循環性消費 | 1.36% | +0.44% | +3.18% | |
| 9 | EXEL | Exelixis Inc | 股票-醫療保健 | 1.34% | +0.10% | -4.97% | |
| 10 | BWXT | Bwx Technologies Inc | 股票-工業 | 1.34% | -0.32% | -4.59% | |
| 11 | FIVE | Five Below | 股票-循環性消費 | 1.32% | -0.69% | -11.67% | |
| 12 | ✓ | Cyberark Software LTD. Cmn | 股票-其他 | 1.30% | — | -39.09% | |
| 13 | TTWO | Take-two Interactive Softwre | 股票-通訊服務 | 1.29% | +0.03% | -5.90% | |
| 14 | LGND | Ligand Pharmaceuticals | 股票-醫療保健 | 1.27% | +0.26% | -8.31% | |
| 15 | 62C | Piper Sandler Cos | 股票-其他 | 1.26% | — | -0.05% | |
| 16 | KRMN | Karman Holdings Inc | 股票-工業 | 1.25% | +0.02% | +285.26% | |
| 17 | BURL | Burlington Stores Inc | 股票-循環性消費 | 1.25% | -0.18% | -6.19% | |
| 18 | VRT | Vertiv Holdings Co-a | 股票-工業 | 1.23% | -0.82% | -1.34% | |
| 19 | FTI | TechnipFMC plc | 股票-能源 | 1.21% | -0.26% | -23.54% | |
| 20 | VRNS | Varonis Systems Inc | 股票-科技 | 1.18% | +0.38% | -5.13% | |
| 21 | LYV | Live Nation Entertainment In | 股票-通訊服務 | 1.17% | +0.01% | -16.05% | |
| 22 | HALO | Halozyme Therapeutics Inc | 股票-醫療保健 | 1.16% | +0.09% | -5.17% | |
| 23 | IRTC | Irhythm Holdings Inc | 股票-醫療保健 | 1.16% | -0.03% | -5.96% | |
| 24 | MANH | Manhattan Associates Inc | 股票-科技 | 1.15% | -0.01% | -5.13% | |
| 25 | OLLI | Ollie's Bargain Outlet Holdi | 股票-非循環性消費 | 1.13% | -0.28% | -16.98% | |
| 26 | P | Everpure Inc-a | 股票-科技 | 1.12% | +0.09% | -5.36% | |
| 27 | ICLR | ICON Public Limited Company | 股票-醫療保健 | 1.09% | +0.43% | +15.73% | |
| 28 | EVR | Evercore Inc - A | 股票-金融 | 1.07% | -0.02% | -17.81% | |
| 29 | EXE | Expand Energy CORP | 股票-能源 | 1.04% | -0.34% | -10.95% | |
| 30 | RGEN | Repligen CORP | 股票-醫療保健 | 1.04% | +0.15% | +14.44% | |
| 31 | CIEN | Ciena CORP | 股票-科技 | 1.02% | -0.35% | -19.32% | |
| 32 | RMD | Resmed Inc | 股票-醫療保健 | 1.01% | -0.74% | -12.11% | |
| 33 | DPZ | Domino's Pizza Inc | 股票-循環性消費 | 1.01% | -0.62% | EXIT | |
| 34 | BOOT | Boot Barn Holdings Inc | 股票-循環性消費 | 1.00% | -0.02% | -11.95% | |
| 35 | RYAN | Ryan Specialty Holdings Inc | 股票-金融 | 1.00% | -0.02% | +4.46% | |
| 36 | VRSK | Verisk Analytics Inc | 股票-工業 | 0.93% | -0.20% | +6.15% | |
| 37 | TYL | Tyler Technologies Inc | 股票-科技 | 0.92% | -0.19% | -4.75% | |
| 38 | PTC | Ptc Inc | 股票-科技 | 0.90% | -0.29% | -6.70% | |
| 39 | HQY | Healthequity Inc | 股票-醫療保健 | 0.89% | -0.07% | -28.74% | |
| 40 | PLMR | Palomar Holdings Inc | 股票-金融 | 0.88% | -0.18% | +3.56% | |
| 41 | MTSI | Macom Technology Solutions H | 股票-科技 | 0.87% | -0.28% | +0.31% | |
| 42 | MMS | Maximus Inc | 股票-工業 | 0.85% | -0.14% | +49.00% | |
| 43 | CSGP | Costar Group Inc | 股票-房地產 | 0.84% | -0.48% | EXIT | |
| 44 | SUPN | Supernus Pharmaceuticals Inc | 股票-醫療保健 | 0.83% | -0.22% | -14.91% | |
| 45 | KNSL | Kinsale Capital Group Inc | 股票-金融 | 0.83% | -0.58% | EXIT | |
| 46 | TOST | Toast Inc-class A | 股票-科技 | 0.82% | -0.08% | -7.98% | |
| 47 | ASO | Academy Sports & Outdoors In | 股票-循環性消費 | 0.80% | -0.41% | +4.92% | |
| 48 | BFAM | Bright Horizons Family Solut | 股票-循環性消費 | 0.79% | -0.18% | -4.25% | |
| 49 | IDXX | Idexx Laboratories Inc | 股票-醫療保健 | 0.79% | -0.17% | -7.50% | |
| 50 | MEDP | Medpace Holdings Inc | 股票-醫療保健 | 0.79% | -0.02% | -11.25% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | KRMN | Karman Holdings Inc | +1.1% | +285.26% | 加碼 |
| 2 | AVAV | Aerovironment Inc | +0.8% | -18.44% | 減碼 |
| 3 | BWXT | Bwx Technologies Inc | +0.6% | -4.59% | 加碼 |
| 4 | FIVE | Five Below | +0.6% | -11.67% | 減碼 |
| 5 | VRT | Vertiv Holdings Co-a | +0.5% | -1.34% | 減碼 |
| 6 | U | Unity Software Inc | +0.5% | -5.48% | 加碼 |
| 7 | CIEN | Ciena CORP | +0.4% | -19.32% | 減碼 |
| 8 | MMS | Maximus Inc | +0.4% | +49.00% | 加碼 |
| 9 | P | Everpure Inc-a | +0.4% | -5.36% | 減碼 |
| 10 | IRTC | Irhythm Holdings Inc | +0.4% | -5.96% | 減碼 |
| 11 | 62C | Piper Sandler Cos | +0.4% | -0.05% | 加碼 |
| 12 | LGND | Ligand Pharmaceuticals | +0.4% | -8.31% | 減碼 |
| 13 | ZETA | Zeta Global Holdings Corp-a | +0.3% | +92.77% | 加碼 |
| 14 | RDDT | Reddit Inc-cl A | +0.3% | -32.49% | 減碼 |
| 15 | EA | Electronic Arts Inc | +0.3% | +3.98% | 減碼 |
| 16 | BOOT | Boot Barn Holdings Inc | +0.3% | -11.95% | 減碼 |
| 17 | DT | Dynatrace Inc | +0.3% | +63.11% | 加碼 |
| 18 | EVR | Evercore Inc - A | +0.3% | -17.81% | 減碼 |
| 19 | VRNS | Varonis Systems Inc | +0.2% | -5.13% | 減碼 |
| 20 | FCFS | Firstcash Holdings Inc | +0.2% | +1.01% | 減碼 |
| 21 | LASR | Nlight Inc | +0.2% | -18.26% | 減碼 |
| 22 | FN | Fabrinet | +0.2% | -11.09% | 減碼 |
| 23 | CGNX | Cognex CORP | +0.2% | +10.60% | 加碼 |
| 24 | RBRK | Rubrik Inc-a | +0.2% | +75.98% | 加碼 |
| 25 | MEDP | Medpace Holdings Inc | +0.2% | -11.25% | 減碼 |
| 26 | GNRC | Generac Holdings Inc | +0.2% | +24.07% | 加碼 |
| 27 | ASO | Academy Sports & Outdoors In | +0.2% | +4.92% | 加碼 |
| 28 | POWL | Powell Industries Inc | +0.2% | +6.48% | 加碼 |
| 29 | MTSI | Macom Technology Solutions H | +0.2% | +0.31% | 加碼 |
| 30 | AMBA | Ambarella, Inc. | +0.2% | -3.33% | 減碼 |
| 31 | ONT | Onterris Inc | +0.2% | +0.63% | 加碼 |
| 32 | ECPG | Encore Capital Group Inc | +0.1% | +4.76% | 加碼 |
| 33 | SAIL | Sailpoint Inc | +0.1% | +10.95% | 加碼 |
| 34 | RMBS | Rambus Inc | +0.1% | -0.89% | 減碼 |
| 35 | IDXX | Idexx Laboratories Inc | +0.1% | -7.50% | 減碼 |
| 36 | PODD | Insulet CORP | +0.1% | +5.21% | 加碼 |
| 37 | DRS | Leonardo Drs Inc | +0.1% | +20.58% | 加碼 |
| 38 | MGNI | Magnite Inc | +0.1% | -28.56% | 加碼 |
| 39 | VST | Vistra CORP | +0.1% | +26.32% | 加碼 |
| 40 | LSCC | Lattice Semiconductor CORP | +0.1% | -6.48% | 減碼 |
| 41 | IBP | Installed Building Products | +0.1% | -6.38% | 減碼 |
| 42 | VSEC | Vse CORP | +0.1% | -0.57% | 減碼 |
| 43 | AGYS | Agilysys Inc | +0.1% | -1.29% | 加碼 |
| 44 | MDB | Mongodb Inc | +0.1% | +18.81% | 減碼 |
| 45 | COHR | Coherent CORP | +0.1% | +4.70% | 減碼 |
| 46 | ROK | Rockwell Automation Inc | +0.1% | -3.78% | 減碼 |
| 47 | MCHP | Microchip Technology Inc | +0.1% | -5.78% | 減碼 |
| 48 | AM6 | Amicus Therapeutics Inc | +0.1% | +51.40% | 加碼 |
| 49 | SEI | Solaris Energy Infrastructur | +0.1% | -0.82% | 加碼 |
| 50 | RGEN | Repligen CORP | +0.1% | +14.44% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Stephens Investment Management Group LLC 在 Q3 2025 季度的美股持倉總市值約為 US$93.3億，共申報了 175 個公開持股部位。
在 Q3 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 (2.1%)、FCFS (1.8%)、GWRE (1.6%)。其中最大持股部位 AVAV 佔據整體投資組合約 2.1% 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
VNOM
市值: US$4345.2萬
本季最大獲利了結 / 清倉標的
VNOMUSD
前期市值: US$7011.7萬
在 Q3 2025 季度中，Stephens Investment Management Group LLC 共進行了 190 項持倉異動，包含新建倉 23 個部位、加碼 45 個部位、減碼 107 個部位以及清倉 15 個部位。 其中最大新建倉標的為 VNOM。 本季清倉部位包含 VNOMUSD。
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。