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: 0001145020
申報總市值
US$104.5億
US$104.5億
188 檔
23.7%
根據最新整理的 13F 季度數據集，Thornburg Investment Management Inc 於 Q4 2024 結束時的管理資產規模為 US$104.5億。該機構在本季度申報了 188 檔美股持倉，呈現出該時期的主要投資地圖。
在 Q4 2024，Thornburg Investment Management Inc 展現出較為審慎的避險與獲利了結姿態。本季共減碼 118 個部位並完全清倉 12 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 AVGO, T, C）占據了總市值的 23.7%，展現出該機構在 Q4 2024 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 | AVGO | Broadcom Inc | 股票-科技 | 9.66% | -0.08% | -12.53% | |
| 2 | T | At&t Inc | 股票-通訊服務 | 8.30% | -2.21% | +2.42% | |
| 3 | C | Citigroup Inc | 股票-金融 | 7.35% | +0.70% | +6.08% | |
| 4 | CME | Cme Group Inc | 股票-金融 | 3.97% | -1.12% | +2.26% | |
| 5 | PFE | Pfizer Inc | 股票-醫療保健 | 3.47% | -0.20% | +11.92% | |
| 6 | EQH | Equitable Holdings Inc | 股票-金融 | 3.28% | +0.24% | — | |
| 7 | HD | Home Depot Inc | 股票-循環性消費 | 2.62% | -0.21% | — | |
| 8 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 2.47% | — | — | |
| 9 | TRP | Tc Energy CORP | 股票-能源 | 2.38% | -0.05% | — | |
| 10 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 2.21% | +1.03% | -9.32% | |
| 11 | JPM | Jpmorgan Chase & Co | 股票-金融 | 2.06% | — | -35.25% | |
| 12 | MDT | Medtronic plc | 股票-醫療保健 | 2.03% | +0.07% | +4.75% | |
| 13 | ENB | Enbridge Inc | 股票-能源 | 2.01% | -0.15% | — | |
| 14 | LYB | LyondellBasell Industries N.V. | 股票-原物料 | 1.94% | -0.78% | +0.06% | |
| 15 | CSCO | Cisco Systems Inc | 股票-科技 | 1.92% | +0.70% | +16.35% | |
| 16 | ABBV | Abbvie Inc | 股票-醫療保健 | 1.91% | +0.16% | -0.03% | |
| 17 | RF | Regions Financial CORP | 股票-金融 | 1.60% | +0.18% | — | |
| 18 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.56% | -0.05% | -7.51% | |
| 19 | LIN | Linde plc | 股票-原物料 | 1.43% | -0.06% | -1.80% | |
| 20 | PBR | Petroleo Brasileiro-spon Adr | 股票-能源 | 1.32% | -0.06% | -0.05% | |
| 21 | CP | Canadian Pacific Kansas City | 股票-工業 | 1.32% | +0.01% | -1.35% | |
| 22 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 1.30% | +0.40% | -3.92% | |
| 23 | FCX | Freeport-mcmoran Inc | 股票-原物料 | 1.23% | +0.26% | +24.89% | |
| 24 | ALC | Alcon Inc. | 股票-醫療保健 | 1.22% | -0.28% | +15.53% | |
| 25 | ✓ | Ferrovial Se | 股票-其他 | 0.94% | -0.04% | +6.36% | |
| 26 | SLRC | Slr Investment CORP | 股票-其他 | 0.93% | -0.13% | +0.78% | |
| 27 | CIM | Chimera Investment CORP | 股票-其他 | 0.92% | -0.01% | — | |
| 28 | SCHW | Schwab (charles) CORP | 股票-金融 | 0.92% | +0.24% | -5.78% | |
| 29 | NVO | Novo-nordisk A/s-spons Adr | 股票-醫療保健 | 0.82% | — | -5.01% | |
| 30 | MA | Mastercard Inc - A | 股票-金融 | 0.81% | +0.10% | -0.71% | |
| 31 | MELI | Mercadolibre Inc | 股票-循環性消費 | 0.74% | -0.08% | -6.68% | |
| 32 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 0.74% | +0.05% | -0.06% | |
| 33 | TJX | Tjx Companies Inc | 股票-循環性消費 | 0.67% | +0.01% | -0.04% | |
| 34 | BZ | Kanzhun LTD - Adr | 股票-其他 | 0.67% | -0.20% | +37.78% | |
| 35 | NVDA | Nvidia CORP | 股票-科技 | 0.66% | — | -1.82% | |
| 36 | BABA | Alibaba Group Holding-sp Adr | 股票-循環性消費 | 0.56% | -0.22% | -0.18% | |
| 37 | SE | Sea Ltd-adr | 股票-通訊服務 | 0.53% | +0.01% | -2.32% | |
| 38 | MFIC | Midcap Financial Investment | 股票-其他 | 0.52% | -0.07% | — | |
| 39 | SHOP | Shopify Inc - Class A | 股票-科技 | 0.49% | -0.02% | -29.23% | |
| 40 | ELME | Elme Communities | 股票-其他 | 0.49% | — | -2.04% | |
| 41 | RACE | Ferrari N.V. | 股票-循環性消費 | 0.48% | -0.06% | +2.31% | |
| 42 | COF | Capital One Financial CORP | 股票-金融 | 0.45% | +0.12% | -3.46% | |
| 43 | BLDR | Builders Firstsource Inc | 股票-工業 | 0.44% | -0.06% | +1.29% | |
| 44 | AZNN | Astrazeneca Plc-spons Adr | 股票-其他 | 0.44% | — | +4.01% | |
| 45 | CACI | Caci International Inc -cl A | 股票-科技 | 0.44% | -0.10% | -0.03% | |
| 46 | CWST | Casella Waste Systems Inc-a | 股票-工業 | 0.43% | -0.17% | EXIT | |
| 47 | ICLR | ICON Public Limited Company | 股票-醫療保健 | 0.40% | — | +2.03% | |
| 48 | GLOB | Globant S.A. | 股票-科技 | 0.40% | -0.04% | EXIT | |
| 49 | ACWX | Ishares Msci Acwi Ex US ETF | ETF-其他 | 0.39% | -0.07% | +236.58% | |
| 50 | FLUT | Flutter Entertainment plc | 股票-循環性消費 | 0.38% | — | -2.28% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | AVGO | Broadcom Inc | +1.6% | -12.53% | 減碼 |
| 2 | C | Citigroup Inc | +1.3% | +6.08% | 加碼 |
| 3 | T | At&t Inc | +0.6% | +2.42% | 加碼 |
| 4 | CSCO | Cisco Systems Inc | +0.5% | +16.35% | 加碼 |
| 5 | EQH | Equitable Holdings Inc | +0.4% | — | 不變 |
| 6 | CME | Cme Group Inc | +0.3% | +2.26% | 加碼 |
| 7 | ACWX | Ishares Msci Acwi Ex US ETF | +0.3% | +236.58% | 加碼 |
| 8 | PFE | Pfizer Inc | +0.1% | +11.92% | 加碼 |
| 9 | EFA | Ishares Msci Eafe ETF | +0.1% | +204.42% | 加碼 |
| 10 | GOOGL | Alphabet Inc-cl A | +0.1% | -3.92% | 減碼 |
| 11 | STVN | Stevanato Group S.p.A. | +0.1% | +48.11% | 加碼 |
| 12 | BKNG | Booking Holdings Inc | +0.1% | -0.06% | 減碼 |
| 13 | ENB | Enbridge Inc | +0.1% | — | 不變 |
| 14 | TLN | Talen Energy CORP | +0.1% | NEW | 新建倉 |
| 15 | MYRG | Myr Group Inc/delaware | +0.1% | +6.45% | 加碼 |
| 16 | AS | Amer Sports, Inc. | +0.1% | NEW | 新建倉 |
| 17 | TSM | Taiwan Semiconductor-sp Adr | +0.1% | -9.32% | 減碼 |
| 18 | SLRC | Slr Investment CORP | +0.1% | +0.78% | 加碼 |
| 19 | SCHW | Schwab (charles) CORP | +0.1% | -5.78% | 減碼 |
| 20 | LPLA | Lpl Financial Holdings Inc | +0.1% | +0.01% | 加碼 |
| 21 | AGYS | Agilysys Inc | +0.1% | -0.54% | 減碼 |
| 22 | COF | Capital One Financial CORP | +0.1% | -3.46% | 減碼 |
| 23 | BZ | Kanzhun LTD - Adr | +0.1% | +37.78% | 加碼 |
| 24 | NVDA | Nvidia CORP | +0.1% | -1.82% | 減碼 |
| 25 | MA | Mastercard Inc - A | +0.1% | -0.71% | 減碼 |
| 26 | SE | Sea Ltd-adr | +0.1% | -2.32% | 減碼 |
| 27 | WH | Wyndham Hotels & Resorts Inc | +0.1% | -0.03% | 減碼 |
| 28 | ✓ | Ferrovial Se | +0.1% | +6.36% | 加碼 |
| 29 | P | Everpure Inc-a | 0% | -0.61% | 減碼 |
| 30 | CRDO | Credo Technology Group Holding Ltd | 0% | -31.20% | 減碼 |
| 31 | DECK | Deckers Outdoor CORP | 0% | -0.02% | 減碼 |
| 32 | MUFG | Mitsubishi Ufj Finl-spon Adr | 0% | +9.01% | 加碼 |
| 33 | STKL | Sunopta Inc | 0% | -0.03% | 減碼 |
| 34 | STEP | Stepstone Group Inc-class A | 0% | NEW | 新建倉 |
| 35 | PNW | Pinnacle West Capital Corporation | 0% | +0.43% | 加碼 |
| 36 | XPO | Xpo Inc | 0% | -0.03% | 減碼 |
| 37 | GOLF | Acushnet Holdings CORP | 0% | +20.33% | 加碼 |
| 38 | KMPR | Kemper CORP | 0% | +9.37% | 加碼 |
| 39 | NTNX | Nutanix Inc - A | 0% | +14.34% | 加碼 |
| 40 | TXNM | Txnm Energy Inc | 0% | +0.55% | 加碼 |
| 41 | CWST | Casella Waste Systems Inc-a | 0% | -0.51% | 減碼 |
| 42 | FLUT | Flutter Entertainment plc | 0% | -2.28% | 減碼 |
| 43 | MTSI | Macom Technology Solutions H | 0% | -0.03% | 減碼 |
| 44 | TJX | Tjx Companies Inc | 0% | -0.04% | 減碼 |
| 45 | RF | Regions Financial CORP | 0% | — | 不變 |
| 46 | GKOS | Glaukos CORP | 0% | +18.36% | 加碼 |
| 47 | RMBS | Rambus Inc | 0% | +27.57% | 加碼 |
| 48 | PJT | Pjt Partners Inc - A | 0% | +0.54% | 加碼 |
| 49 | VIST | Vista Energy Sab De Cv | 0% | -0.37% | 減碼 |
| 50 | SLB | Slb LTD | 0% | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Thornburg Investment Management Inc 在 Q4 2024 季度的美股持倉總市值約為 US$104.5億，共申報了 188 個公開持股部位。
在 Q4 2024 季度，Thornburg Investment Management Inc 按市值排列的前三大核心持股分別為：AVGO (9.7%)、T (8.3%)、C (7.3%)。其中最大持股部位 AVGO 佔據整體投資組合約 9.7% 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
TLN
市值: US$790.3萬
本季最大獲利了結 / 清倉標的
OWL
前期市值: US$1717.3萬
在 Q4 2024 季度中，Thornburg Investment Management Inc 共進行了 184 項持倉異動，包含新建倉 8 個部位、加碼 46 個部位、減碼 118 個部位以及清倉 12 個部位。 其中最大新建倉標的為 TLN。 本季清倉部位包含 OWL。
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。