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: 0001533964
申報總市值
US$31.8億
US$31.8億
1601 檔
40.8%
在 Q4 2025 的 13F 官方備案中，Virtu Financial LLC 管理的美股投資組合規模來到 US$31.8億，整體持股檔數為 1601 檔。
在 Q4 2025 期間，Virtu Financial LLC 展現了靈活的資產再平衡步調，透過出清 75 檔弱勢或達到目標價部位，將資金轉置於 65 檔新建倉標的之中。
在資產配置集中度方面，Virtu Financial LLC 的前 5 大核心持股（包含 GOOGL, GLD, BRK-A 等）合計佔整體申報市值的 40.8%，反映機構在主要關鍵部位上的權重分佈。
本季最大新建倉標的
GLD
市值: US$4.7億
本季最大獲利了結 / 清倉標的
AMZN
前期市值: US$4250.3萬
僅顯示前 200 大持股（共 1601 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 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 22.58% | — | +3616.98% | |
| 2 | GLD | Spdr Gold Shares | ETF-避險與商品 | 18.40% | +5.00% | NEW | |
| 3 | BRK-A | Berkshire Hathaway Inc-cl A | 股票-其他 | 6.67% | -0.10% | -23.23% | |
| 4 | FOX | Fox CORP - Class B | 股票-通訊服務 | 1.59% | -0.56% | +11.83% | |
| 5 | BMNR | Bitmine Immersion Technologi | 股票-金融 | 0.97% | -0.05% | +8516.35% | |
| 6 | LLYVA | Liberty Live Holdings-a | 股票-其他 | 0.86% | +0.54% | — | |
| 7 | MSTR | Strategy Inc | 股票-科技 | 0.68% | +0.90% | NEW | |
| 8 | IBIT | Ishares Bitcoin Trust ETF | ETF-加密貨幣 | 0.67% | -0.13% | EXIT | |
| 9 | SPXL | Direxion Daily S&p 500 Bull | ETF-大型股與成長 | 0.48% | — | +58.01% | |
| 10 | NOW | Servicenow Inc | 股票-科技 | 0.47% | +0.08% | NEW | |
| 11 | CRWV | Coreweave Inc-cl A | 股票-科技 | 0.46% | +0.19% | — | |
| 12 | PFE | Pfizer Inc | 股票-醫療保健 | 0.46% | +0.03% | +87.55% | |
| 13 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 0.46% | — | -67.83% | |
| 14 | VZ | Verizon Communications Inc | 股票-通訊服務 | 0.43% | — | +199.77% | |
| 15 | HD | Home Depot Inc | 股票-循環性消費 | 0.42% | -0.44% | EXIT | |
| 16 | OKLO | Oklo Inc | 股票-公用事業 | 0.32% | +0.25% | +21.70% | |
| 17 | JNUG | Dirx Dly Junr Gmi B2x Etf-ui | ETF-其他 | 0.31% | — | +18.11% | |
| 18 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.30% | — | -24.22% | |
| 19 | FETH | Fidelity Ethereum Fund | ETF-其他 | 0.30% | — | +567.84% | |
| 20 | BITW | Bitwise 10 Crypto Index ETF | ETF-加密貨幣 | 0.27% | -0.02% | — | |
| 21 | SYU1 | Synovus Financial CORP | 股票-其他 | 0.27% | — | — | |
| 22 | WTRG | Essential Utilities Inc | 股票-公用事業 | 0.27% | — | — | |
| 23 | ETHA | Ishares Ethereum Trust ETF | ETF-其他 | 0.27% | +0.10% | NEW | |
| 24 | RIOT | Riot Platforms Inc | 股票-金融 | 0.27% | — | — | |
| 25 | NUGT | Dirxn Dly Gm Indx B2x Etf-ui | ETF-其他 | 0.25% | — | +548.50% | |
| 26 | SPUU | Dir Dai S&p 500 Bu 2x Etf-us | ETF-大型股與成長 | 0.25% | — | +295.83% | |
| 27 | T | At&t Inc | 股票-通訊服務 | 0.24% | +0.09% | NEW | |
| 28 | V32S | Direxion Daily Semi Bear 3x | ETF-其他 | 0.24% | — | — | |
| 29 | ETN | Eaton Corporation plc | 股票-工業 | 0.23% | — | — | |
| 30 | QTEC | First Trust Nasdq 100 Tech I | ETF-科技型 | 0.23% | +0.19% | +30.28% | |
| 31 | KHC | Kraft Heinz Co/the | 股票-非循環性消費 | 0.23% | — | +433.93% | |
| 32 | TSLL | Dirx Dly Tsla Bul 2x Etf-aui | ETF-其他 | 0.23% | — | — | |
| 33 | ✓ | Cyberark Software LTD. Cmn | 股票-其他 | 0.23% | — | -37.19% | |
| 34 | NWSA | News CORP - Class A | 股票-通訊服務 | 0.22% | -0.02% | -18.87% | |
| 35 | ET | Energy Transfer LP | 股票-能源 | 0.22% | +0.15% | NEW | |
| 36 | KMB | Kimberly-clark CORP | 股票-非循環性消費 | 0.21% | -0.05% | EXIT | |
| 37 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.20% | -0.09% | +203.74% | |
| 38 | OUNZ | Vaneck Merk Gold ETF | ETF-避險與商品 | 0.20% | -0.48% | EXIT | |
| 39 | ARGX | Argenx Se - Adr | 股票-醫療保健 | 0.20% | — | — | |
| 40 | JFLX | Jpmorgan Flexible Debt ETF | ETF-其他 | 0.19% | — | — | |
| 41 | ARM | Arm Holdings Plc-adr | 股票-科技 | 0.19% | — | — | |
| 42 | SMCI | Super Micro Computer Inc | 股票-科技 | 0.19% | +0.25% | — | |
| 43 | DE | Deere & Co | 股票-工業 | 0.19% | -0.18% | EXIT | |
| 44 | RBLX | Roblox CORP -class A | 股票-通訊服務 | 0.18% | — | — | |
| 45 | URA | Global X Uranium ETF | ETF-其他 | 0.18% | -0.04% | +313.18% | |
| 46 | DUSTUSD | Dir Dly Gol Mn Idx Br 2x ETF | ETF-其他 | 0.18% | — | — | |
| 47 | RSG | Republic Services Inc | 股票-工業 | 0.17% | — | +247.48% | |
| 48 | AXP | American Express Co | 股票-金融 | 0.17% | +0.04% | — | |
| 49 | VST | Vistra CORP | 股票-公用事業 | 0.17% | -0.11% | +9.95% | |
| 50 | ROK | Rockwell Automation Inc | 股票-工業 | 0.17% | -0.20% | EXIT |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | GOOGL | Alphabet Inc-cl A | +21.9% | +3616.98% | 加碼 |
| 2 | BMNR | Bitmine Immersion Technologi | +0.9% | +8516.35% | 加碼 |
| 3 | MSTR | Strategy Inc | +0.5% | +1009.37% | 加碼 |
| 4 | NOW | Servicenow Inc | +0.4% | +6892.66% | 加碼 |
| 5 | HD | Home Depot Inc | +0.3% | +671.99% | 加碼 |
| 6 | VZ | Verizon Communications Inc | +0.2% | +199.77% | 加碼 |
| 7 | FETH | Fidelity Ethereum Fund | +0.2% | +567.84% | 加碼 |
| 8 | NUGT | Dirxn Dly Gm Indx B2x Etf-ui | +0.2% | +548.50% | 加碼 |
| 9 | SPUU | Dir Dai S&p 500 Bu 2x Etf-us | +0.2% | +295.83% | 加碼 |
| 10 | KHC | Kraft Heinz Co/the | +0.2% | +433.93% | 加碼 |
| 11 | KMB | Kimberly-clark CORP | +0.2% | +558.15% | 加碼 |
| 12 | TZA | Dirx Dly Smal Cap B3x Etf-ui | +0.1% | +1453.90% | 加碼 |
| 13 | NOC | Northrop Grumman CORP | +0.1% | +836.90% | 加碼 |
| 14 | URA | Global X Uranium ETF | +0.1% | +313.18% | 加碼 |
| 15 | BBAI | Bigbear.ai Holdings Inc | +0.1% | +446.03% | 加碼 |
| 16 | FEX | First Trust Large Cap Core A | +0.1% | +365.37% | 加碼 |
| 17 | MDB | Mongodb Inc | +0.1% | +273.72% | 加碼 |
| 18 | TECL | Dire Dai Tec Bull 3x Etf-usd | +0.1% | +1035.95% | 加碼 |
| 19 | UPS | United Parcel Service-cl B | +0.1% | +391.83% | 加碼 |
| 20 | RCL | Royal Caribbean Cruises Ltd. | +0.1% | +557.73% | 加碼 |
| 21 | PFE | Pfizer Inc | +0.1% | +87.55% | 加碼 |
| 22 | PG | Procter & Gamble Co/the | +0.1% | +203.74% | 加碼 |
| 23 | TMDX | Transmedics Group Inc | +0.1% | +467.71% | 加碼 |
| 24 | RSG | Republic Services Inc | +0.1% | +247.48% | 加碼 |
| 25 | LYB | LyondellBasell Industries N.V. | +0.1% | +212.69% | 加碼 |
| 26 | TEM | Tempus Ai Inc-cl A | +0.1% | +384.63% | 加碼 |
| 27 | NBIS | Nebius Group N.V. | +0.1% | +350.16% | 加碼 |
| 28 | IBIT | Ishares Bitcoin Trust ETF | +0.1% | +107.34% | 加碼 |
| 29 | SPXL | Direxion Daily S&p 500 Bull | +0.1% | +58.01% | 加碼 |
| 30 | T | At&t Inc | +0.1% | +120.46% | 加碼 |
| 31 | JNUG | Dirx Dly Junr Gmi B2x Etf-ui | 0% | +18.11% | 加碼 |
| 32 | ✓ | -0.2% | -85.74% | 減碼 | |
| 33 | SHW | Sherwin-williams Co/the | -0.2% | -75.79% | 減碼 |
| 34 | TKO | Tko Group Holdings Inc | -0.2% | -81.50% | 減碼 |
| 35 | WULF | Terawulf Inc | -0.2% | -95.89% | 減碼 |
| 36 | ✓ | -0.2% | -71.27% | 減碼 | |
| 37 | FAS | Dirx Dly Finacial B3x Etf-ui | -0.2% | -58.62% | 減碼 |
| 38 | STX | Seagate Technology Holdings plc | -0.2% | -91.06% | 減碼 |
| 39 | IONQ | Ionq Inc | -0.2% | -47.28% | 減碼 |
| 40 | XLY | Ss Consumer Disc Select Sect | -0.2% | -16.36% | 減碼 |
| 41 | QUBT | Quantum Computing Inc | -0.2% | -70.10% | 減碼 |
| 42 | FOX | Fox CORP - Class B | -0.2% | +11.83% | 加碼 |
| 43 | NNE | Nano Nuclear Energy Inc | -0.2% | -69.98% | 減碼 |
| 44 | ✓ | Blue Wtr Acquisition CORP. I | -0.2% | -90.84% | 減碼 |
| 45 | AXON | Axon Enterprise Inc | -0.2% | -74.23% | 減碼 |
| 46 | NWSA | News CORP - Class A | -0.2% | -18.87% | 減碼 |
| 47 | ALNY | Alnylam Pharmaceuticals Inc | -0.3% | -74.77% | 減碼 |
| 48 | HON | Honeywell International Inc | -0.3% | -72.62% | 減碼 |
| 49 | CORZZ | Core Scientific Inc - 29 | -0.3% | -91.88% | 減碼 |
| 50 | ROP | Roper Technologies Inc | -0.3% | -81.71% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Virtu Financial LLC 在 Q4 2025 季度的美股持倉總市值約為 US$31.8億，共申報了 1601 個公開持股部位。
在 Q4 2025 季度，Virtu Financial LLC 按市值排列的前三大核心持股分別為：GOOGL (22.6%)、GLD (18.4%)、BRK-A (6.7%)。其中最大持股部位 GOOGL 佔據整體投資組合約 22.6% 的權重。
在 Q4 2025 季度中，Virtu Financial LLC 共進行了 200 項持倉異動，包含新建倉 65 個部位、加碼 32 個部位、減碼 28 個部位以及清倉 75 個部位。 其中最大新建倉標的為 GLD。 本季清倉部位包含 AMZN。
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。
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。
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。