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: 0001358253
申報總市值
US$22.6億
US$22.6億
65 檔
44.7%
在 Q4 2025 的 13F 官方備案中，TIG Advisors, LLC 管理的美股投資組合規模來到 US$22.6億，整體持股檔數為 65 檔。
觀察 Q4 2025 的資金脈絡，TIG Advisors, LLC 在獲利結算 43 檔個股的同時，將資本重新部署至 44 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 SPYM, WBD, RNAGBP）累計市值佔比達 44.7%，是驅動 TIG Advisors, 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 | SPYM | Ste Str Spdr Pt S&p 500 ETF | ETF-大型股與成長 | 22.10% | +2.19% | +0.29% | |
| 2 | WBD | Warner Bros Discovery Inc | 股票-通訊服務 | 9.60% | -1.07% | +289.03% | |
| 3 | RNAGBP | Avidity Biosciences Inc | 股票-其他 | 6.02% | — | — | |
| 4 | ✓ | Cyberark Software LTD. Cmn | 股票-其他 | 4.65% | — | -23.92% | |
| 5 | SDA | Sealed Air CORP | 股票-循環性消費 | 4.34% | -3.17% | EXIT | |
| 6 | FYBR | Frontier Communications Pare | 股票-其他 | 4.20% | — | +42.49% | |
| 7 | EXK | Exact Sciences CORP | 股票-原物料 | 4.16% | — | +1678.36% | |
| 8 | HO1 | Hologic Inc | 股票-其他 | 4.12% | -4.67% | EXIT | |
| 9 | ✓ | Avadel Pharmaceuticals PLC ADR | 股票-其他 | 3.85% | — | — | |
| 10 | EA | Electronic Arts Inc | 股票-通訊服務 | 3.77% | -1.41% | +9.76% | |
| 11 | DAY | Dayforce Inc | 股票-其他 | 3.36% | — | +1400.85% | |
| 12 | CWAN | Clearwater Analytics Holdings, Inc. | 股票-科技 | 3.03% | -5.48% | EXIT | |
| 13 | NSC | Norfolk Southern CORP | 股票-工業 | 2.94% | -0.05% | +6.35% | |
| 14 | SUNC | Sunococorp LLC | 股票-其他 | 2.53% | -1.19% | — | |
| 15 | DBRG | Digitalbridge Group Inc | 股票-金融 | 2.11% | -0.21% | — | |
| 16 | QRVO | Qorvo Inc | 股票-科技 | 2.00% | +0.16% | — | |
| 17 | AM6 | Amicus Therapeutics Inc | 股票-其他 | 1.93% | -2.56% | EXIT | |
| 18 | AL | Air Lease CORP | 股票-其他 | 1.92% | -1.36% | EXIT | |
| 19 | 8QR | Confluent Inc-class A | 股票-其他 | 1.91% | — | — | |
| 20 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 1.81% | +0.18% | +0.28% | |
| 21 | TECK | Teck Resources Ltd-cls B | 股票-原物料 | 1.12% | +0.09% | +105.09% | |
| 22 | BA | Boeing Co/the | 股票-工業 | 1.08% | — | +65.54% | |
| 23 | PLYM | Plymouth Industrial Reit Inc | 股票-其他 | 0.91% | — | -44.32% | |
| 24 | COMP | Compass Inc - Class A | 股票-房地產 | 0.90% | — | +4766.23% | |
| 25 | KMB | Kimberly-clark CORP | 股票-非循環性消費 | 0.89% | +0.02% | NEW | |
| 26 | KVUE | Kenvue Inc | 股票-非循環性消費 | 0.77% | +1.47% | — | |
| 27 | DVAX | Dynavax Technologies CORP | 股票-其他 | 0.53% | — | — | |
| 28 | PSKY | Paramount Skydance Cl B | 股票-通訊服務 | 0.39% | -0.13% | +633.65% | |
| 29 | THS | Treehouse Foods Inc | 股票-其他 | 0.30% | — | — | |
| 30 | ✓ | Oxley Bridge Acq LTD | 股票-其他 | 0.28% | -0.01% | — | |
| 31 | SGRY | Surgery Partners Inc | 股票-其他 | 0.26% | -0.05% | EXIT | |
| 32 | ✓ | Drugs Made In Amer Acq Ii Co | 股票-其他 | 0.23% | -0.23% | EXIT | |
| 33 | ✓ | Launchpad Cadenza Acquisitio | 股票-其他 | 0.18% | -0.19% | EXIT | |
| 34 | ✓ | 股票-其他 | 0.18% | -0.18% | EXIT | ||
| 35 | IRHOU | Iron Horse Acquisition Ii Co | 股票-其他 | 0.18% | -0.18% | EXIT | |
| 36 | TGNA | Tegna Inc | 股票-其他 | 0.17% | — | -75.66% | |
| 37 | ✓ | 股票-其他 | 0.15% | -0.01% | — | ||
| 38 | ✓ | 股票-其他 | 0.14% | — | — | ||
| 39 | ✓ | Evolution Global Acquisition | 股票-其他 | 0.10% | -0.11% | EXIT | |
| 40 | ✓ | 股票-其他 | 0.10% | -0.01% | — | ||
| 41 | SUN | Sunoco LP | 股票-其他 | 0.09% | — | — | |
| 42 | ✓ | Figx Cap Acquisition CORP. | 股票-其他 | 0.07% | — | — | |
| 43 | ✓ | 股票-其他 | 0.07% | — | — | ||
| 44 | ✓ | Highview Merger CORP | 股票-其他 | 0.07% | — | — | |
| 45 | SEM | Select Medical Holdings CORP | 股票-其他 | 0.05% | -0.81% | EXIT | |
| 46 | ✓ | Meshflow Acquisition CORP | 股票-其他 | 0.05% | -0.05% | EXIT | |
| 47 | ✓ | 股票-其他 | 0.05% | -0.05% | EXIT | ||
| 48 | ✓ | M3-brigade Acquisition Vi Co | 股票-其他 | 0.05% | -0.01% | — | |
| 49 | ✓ | 股票-其他 | 0.05% | -0.05% | EXIT | ||
| 50 | LEG | Leggett & Platt Inc | 股票-循環性消費 | 0.04% | -0.03% | EXIT |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | WBD | Warner Bros Discovery Inc | +7.5% | +289.03% | 加碼 |
| 2 | EXK | Exact Sciences CORP | +4% | +1678.36% | 加碼 |
| 3 | HO1 | Hologic Inc | +3.7% | +1172.43% | 加碼 |
| 4 | DAY | Dayforce Inc | +3.1% | +1400.85% | 加碼 |
| 5 | AL | Air Lease CORP | +1.3% | +292.08% | 加碼 |
| 6 | COMP | Compass Inc - Class A | +0.9% | +4766.23% | 加碼 |
| 7 | FYBR | Frontier Communications Pare | +0.5% | +42.49% | 加碼 |
| 8 | TECK | Teck Resources Ltd-cls B | +0.5% | +105.09% | 加碼 |
| 9 | PSKY | Paramount Skydance Cl B | +0.3% | +633.65% | 加碼 |
| 10 | BA | Boeing Co/the | +0.3% | +65.54% | 加碼 |
| 11 | CEPO | Cantor Equity Partners I, Inc. | — | +100.00% | 加碼 |
| 12 | ✓ | 0% | — | 不變 | |
| 13 | ✓ | 0% | — | 不變 | |
| 14 | ✓ | Drugs Made In Amer Acq Ii Co | -0.1% | — | 不變 |
| 15 | SPY | Ss Spdr S&p 500 ETF Trust-us | -0.5% | +0.28% | 加碼 |
| 16 | EA | Electronic Arts Inc | -0.6% | +9.76% | 加碼 |
| 17 | NSC | Norfolk Southern CORP | -0.7% | +6.35% | 加碼 |
| 18 | TGNA | Tegna Inc | -0.8% | -75.66% | 減碼 |
| 19 | PLYM | Plymouth Industrial Reit Inc | -1.2% | -44.32% | 減碼 |
| 20 | ✓ | Cyberark Software LTD. Cmn | -3.8% | -23.92% | 減碼 |
| 21 | SPYM | Ste Str Spdr Pt S&p 500 ETF | -5.5% | +0.29% | 加碼 |
| 22 | RNAGBP | Avidity Biosciences Inc | — | NEW | 新建倉 |
| 23 | SDA | Sealed Air CORP | — | NEW | 新建倉 |
| 24 | ✓ | Avadel Pharmaceuticals PLC ADR | — | NEW | 新建倉 |
| 25 | ✓ | Merus N V | — | EXIT | 清倉 |
| 26 | KEL | Kellanova | — | EXIT | 清倉 |
| 27 | VRNA | Verona Pharma PLC - Adr | — | EXIT | 清倉 |
| 28 | CWAN | Clearwater Analytics Holdings, Inc. | — | NEW | 新建倉 |
| 29 | INFA1EUR | Informatica Inc - Class A | — | EXIT | 清倉 |
| 30 | SUNC | Sunococorp LLC | — | NEW | 新建倉 |
| 31 | DBRG | Digitalbridge Group Inc | — | NEW | 新建倉 |
| 32 | S9Q | Spirit Aerosystems Hold-cl A | — | EXIT | 清倉 |
| 33 | 07WA | Mr Cooper Group Inc | — | EXIT | 清倉 |
| 34 | QRVO | Qorvo Inc | — | NEW | 新建倉 |
| 35 | AM6 | Amicus Therapeutics Inc | — | NEW | 新建倉 |
| 36 | 8QR | Confluent Inc-class A | — | NEW | 新建倉 |
| 37 | VTY | Verint Systems Inc | — | EXIT | 清倉 |
| 38 | AVDX | Avidxchange Holdings Inc | — | EXIT | 清倉 |
| 39 | ETNBGBP | 89bio Inc | — | EXIT | 清倉 |
| 40 | TRML | Tourmaline Bio Inc | — | EXIT | 清倉 |
| 41 | BHF | Brighthouse Financial Inc | — | EXIT | 清倉 |
| 42 | HN9 | Hanesbrands Inc | — | EXIT | 清倉 |
| 43 | KMB | Kimberly-clark CORP | — | NEW | 新建倉 |
| 44 | OMC | Omnicom Group | — | EXIT | 清倉 |
| 45 | KVUE | Kenvue Inc | — | NEW | 新建倉 |
| 46 | SYU1 | Synovus Financial CORP | — | EXIT | 清倉 |
| 47 | RKT | Rocket Cos Inc-class A | — | EXIT | 清倉 |
| 48 | CCRN | Cross Country Healthcare Inc | — | EXIT | 清倉 |
| 49 | PRA | Proassurance CORP | — | EXIT | 清倉 |
| 50 | DVAX | Dynavax Technologies CORP | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，TIG Advisors, LLC 在 Q4 2025 季度的美股持倉總市值約為 US$22.6億，共申報了 65 個公開持股部位。
在 Q4 2025 季度，TIG Advisors, LLC 按市值排列的前三大核心持股分別為：SPYM (22.1%)、WBD (9.6%)、RNAGBP (6.0%)。其中最大持股部位 SPYM 佔據整體投資組合約 22.1% 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
RNAGBP
市值: US$1.3億
本季最大獲利了結 / 清倉標的
MERUS N V
前期市值: US$8173.6萬
在 Q4 2025 季度中，TIG Advisors, LLC 共進行了 105 項持倉異動，包含新建倉 44 個部位、加碼 15 個部位、減碼 3 個部位以及清倉 43 個部位。 其中最大新建倉標的為 RNAGBP。 本季清倉部位包含 MERUS N V。
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。