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: 0001597506
申報總市值
US$5.5億
US$5.5億
191 檔
49.1%
Q1 2025 季度申報顯示，Warberg Asset Management LLC 揭露的美股組合總市值為 US$5.5億，涵蓋 191 個不同之權益投資部位。
在 Q1 2025，Warberg Asset Management LLC 操作展現出積極擴展與加碼意向。本季共新建倉 50 個新部位，並對 0 個既有持股進行加碼（合計增持 50 檔），相較減碼與清倉部位顯著佔優。
整體而言，Warberg Asset Management LLC 的前 5 大持股（包含 Spdr S&P 500 Etf Tr Put Option, Invesco QQQ Tr Put Option 06/2, X 5 11-01-26）貢獻了組合市值的 49.1%，形成該機構在 Q1 2025 季度的基本面基石。
| # | 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 | ✓ | Spdr S&P 500 Etf Tr Put Option | ETF-大型股與成長 | 32.34% | -33.62% | EXIT | |
| 2 | ✓ | Invesco QQQ Tr Put Option 06/2 | 股票-其他 | 3.64% | -3.37% | EXIT | |
| 3 | X 5 11-01-26債券 | United States Steel CORP | 債券 | 3.51% | — | -0.93% | |
| 4 | NRG 2.75 06-01-48債券 | Nrg Energy Inc | 債券 | 2.81% | — | +39.79% | |
| 5 | ITGR 2.125 02-15-28債券 | Integer Holdings CORP | 債券 | 2.43% | — | +18.05% | |
| 6 | BOX 0 01-15-26債券 | Box Inc | 債券 | 2.32% | — | +5.84% | |
| 7 | VRNS 1.25 08-15-25債券 | Varonis System Inc | 債券 | 2.19% | — | — | |
| 8 | MCHP 1.625 02-15-27債券 | Microchip Technology Inc | 債券 | 2.03% | +4.21% | — | |
| 9 | CNK 4.5 08-15-25債券 | Cinemark Holdings Inc | 債券 | 2.02% | — | +28.28% | |
| 10 | AXON 0.5 12-15-27債券 | Axon Enterprise Inc | 債券 | 1.99% | — | -24.08% | |
| 11 | INSM 0.75 06-01-28債券 | Insmed Inc | 債券 | 1.97% | — | — | |
| 12 | SEALTD 2.375 12-01-25債券 | Sea LTD | 債券 | 1.95% | — | +87.40% | |
| 13 | MIDD 1 09-01-25債券 | Middleby CORP | 債券 | 1.87% | — | +89.15% | |
| 14 | ZS 0.125 07-01-25債券 | Zscaler Inc. | 債券 | 1.70% | — | +144.31% | |
| 15 | MTSI 0.25 03-15-26債券 | M/a-com Tech Solutions | 債券 | 1.69% | — | +66.67% | |
| 16 | GVA 3.75 05-15-28債券 | Granite Construction Inc | 債券 | 1.67% | +8.51% | NEW | |
| 17 | POST 2.5 08-15-27債券 | Post Holdings Inc | 債券 | 1.61% | -0.03% | +2.62% | |
| 18 | STX 3.5 06-01-28債券 | Seagate Hdd Cayman | 債券 | 1.60% | -6.00% | EXIT | |
| 19 | DDOG 0.125 06-15-25債券 | Datadog Inc | 債券 | 1.48% | — | -10.16% | |
| 20 | TYL 0.25 03-15-26債券 | Tyler Technologies Inc | 債券 | 1.32% | — | +216.26% | |
| 21 | VTR 3.75 06-01-26債券 | Ventas Realty LP | 債券 | 1.30% | -1.35% | EXIT | |
| 22 | BURL 2.25 04-15-25債券 | Burlington Stores Inc | 債券 | 1.28% | — | — | |
| 23 | WK 1.125 08-15-26債券 | Workiva Inc | 債券 | 1.18% | -0.35% | EXIT | |
| 24 | IDCC 3.5 06-01-27債券 | Interdigital Inc | 債券 | 1.17% | — | — | |
| 25 | PSN 0.25 08-15-25債券 | Parsons CORP | 債券 | 1.10% | — | -51.83% | |
| 26 | BLMN 5 05-01-25債券 | Bloomin Brands Inc | 債券 | 1.10% | — | — | |
| 27 | FLR 1.125 08-15-29債券 | Fluor CORP | 債券 | 1.06% | +0.60% | NEW | |
| 28 | LYV 3.125 01-15-29債券 | Live Nation Entertainmen | 債券 | 1.03% | +0.75% | +124.33% | |
| 29 | CNX 2.25 05-01-26債券 | Cnx Resources CORP | 債券 | 1.02% | -5.74% | EXIT | |
| 30 | NCLH 5.375 08-01-25債券 | Ncl Corporation LTD | 債券 | 0.93% | — | +62.67% | |
| 31 | F 0 03-15-26債券 | Ford Motor Company | 債券 | 0.88% | — | +19.77% | |
| 32 | EZPW 2.375 05-01-25債券 | Ezcorp Inc | 債券 | 0.66% | — | — | |
| 33 | MCHX | Marchex, Inc. | 股票-其他 | 0.66% | — | +260.00% | |
| 34 | LRN 1.125 09-01-27債券 | Stride Inc | 債券 | 0.65% | — | — | |
| 35 | SPOT 0 03-15-26債券 | Spotify USA Inc | 債券 | 0.59% | — | — | |
| 36 | AKAM 0.125 05-01-25債券 | Akamai Technologies Inc | 債券 | 0.56% | — | — | |
| 37 | PRGS 1 04-15-26債券 | Progress Software CORP | 債券 | 0.56% | — | — | |
| 38 | LUV 1.25 05-01-25債券 | Southwest Airlines Co | 債券 | 0.54% | — | +107.28% | |
| 39 | HCI 4.75 06-01-42債券 | Hci Group Inc | 債券 | 0.48% | — | — | |
| 40 | GLD | SPDR Gold Shares | ETF-避險與商品 | 0.48% | — | — | |
| 41 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 0.46% | +2.25% | +100.00% | |
| 42 | TLT | iShares 20+ Year Treasury Bond ETF | ETF-政府公債 | 0.45% | -0.72% | EXIT | |
| 43 | AWK 3.625 06-15-26債券 | American Water Capital C | 債券 | 0.42% | — | — | |
| 44 | SHOPCN 0.125 11-01-25債券 | Shopify Inc | 債券 | 0.41% | — | — | |
| 45 | AAL 6.5 07-01-25債券 | American Airlines Group | 債券 | 0.41% | — | — | |
| 46 | PANW 0.375 06-01-25債券 | Palo Alto Networks | 債券 | 0.40% | — | +2736.00% | |
| 47 | JAZZ 2 06-15-26債券 | Jazz Investments I LTD | 債券 | 0.35% | — | +1.50% | |
| 48 | EPR 5.75 PERP C債券 | Epr Properties | 債券 | 0.34% | +0.15% | +0.20% | |
| 49 | TSLA | Tesla, Inc. | 股票-循環性消費 | 0.34% | — | — | |
| 50 | DBX 0 03-01-26債券 | Dropbox Inc | 債券 | 0.33% | — | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | ✓ | Spdr S&P 500 Etf Tr Put Option | — | NEW | 新建倉 |
| 2 | ✓ | Invesco QQQ Tr Put Option 06/2 | — | NEW | 新建倉 |
| 3 | X 5 11-01-26債券 | United States Steel CORP | — | NEW | 新建倉 |
| 4 | NRG 2.75 06-01-48債券 | Nrg Energy Inc | — | NEW | 新建倉 |
| 5 | ITGR 2.125 02-15-28債券 | Integer Holdings CORP | — | NEW | 新建倉 |
| 6 | BOX 0 01-15-26債券 | Box Inc | — | NEW | 新建倉 |
| 7 | VRNS 1.25 08-15-25債券 | Varonis System Inc | — | NEW | 新建倉 |
| 8 | MCHP 1.625 02-15-27債券 | Microchip Technology Inc | — | NEW | 新建倉 |
| 9 | CNK 4.5 08-15-25債券 | Cinemark Holdings Inc | — | NEW | 新建倉 |
| 10 | AXON 0.5 12-15-27債券 | Axon Enterprise Inc | — | NEW | 新建倉 |
| 11 | INSM 0.75 06-01-28債券 | Insmed Inc | — | NEW | 新建倉 |
| 12 | SEALTD 2.375 12-01-25債券 | Sea LTD | — | NEW | 新建倉 |
| 13 | MIDD 1 09-01-25債券 | Middleby CORP | — | NEW | 新建倉 |
| 14 | ZS 0.125 07-01-25債券 | Zscaler Inc. | — | NEW | 新建倉 |
| 15 | MTSI 0.25 03-15-26債券 | M/a-com Tech Solutions | — | NEW | 新建倉 |
| 16 | GVA 3.75 05-15-28債券 | Granite Construction Inc | — | NEW | 新建倉 |
| 17 | POST 2.5 08-15-27債券 | Post Holdings Inc | — | NEW | 新建倉 |
| 18 | STX 3.5 06-01-28債券 | Seagate Hdd Cayman | — | NEW | 新建倉 |
| 19 | DDOG 0.125 06-15-25債券 | Datadog Inc | — | NEW | 新建倉 |
| 20 | TYL 0.25 03-15-26債券 | Tyler Technologies Inc | — | NEW | 新建倉 |
| 21 | VTR 3.75 06-01-26債券 | Ventas Realty LP | — | NEW | 新建倉 |
| 22 | BURL 2.25 04-15-25債券 | Burlington Stores Inc | — | NEW | 新建倉 |
| 23 | WK 1.125 08-15-26債券 | Workiva Inc | — | NEW | 新建倉 |
| 24 | IDCC 3.5 06-01-27債券 | Interdigital Inc | — | NEW | 新建倉 |
| 25 | PSN 0.25 08-15-25債券 | Parsons CORP | — | NEW | 新建倉 |
| 26 | BLMN 5 05-01-25債券 | Bloomin Brands Inc | — | NEW | 新建倉 |
| 27 | FLR 1.125 08-15-29債券 | Fluor CORP | — | NEW | 新建倉 |
| 28 | LYV 3.125 01-15-29債券 | Live Nation Entertainmen | — | NEW | 新建倉 |
| 29 | CNX 2.25 05-01-26債券 | Cnx Resources CORP | — | NEW | 新建倉 |
| 30 | NCLH 5.375 08-01-25債券 | Ncl Corporation LTD | — | NEW | 新建倉 |
| 31 | F 0 03-15-26債券 | Ford Motor Company | — | NEW | 新建倉 |
| 32 | EZPW 2.375 05-01-25債券 | Ezcorp Inc | — | NEW | 新建倉 |
| 33 | MCHX | Marchex, Inc. | — | NEW | 新建倉 |
| 34 | LRN 1.125 09-01-27債券 | Stride Inc | — | NEW | 新建倉 |
| 35 | SPOT 0 03-15-26債券 | Spotify USA Inc | — | NEW | 新建倉 |
| 36 | AKAM 0.125 05-01-25債券 | Akamai Technologies Inc | — | NEW | 新建倉 |
| 37 | PRGS 1 04-15-26債券 | Progress Software CORP | — | NEW | 新建倉 |
| 38 | LUV 1.25 05-01-25債券 | Southwest Airlines Co | — | NEW | 新建倉 |
| 39 | HCI 4.75 06-01-42債券 | Hci Group Inc | — | NEW | 新建倉 |
| 40 | GLD | SPDR Gold Shares | — | NEW | 新建倉 |
| 41 | QQQ | Invesco Qqq Trust Series 1 | — | NEW | 新建倉 |
| 42 | TLT | iShares 20+ Year Treasury Bond ETF | — | NEW | 新建倉 |
| 43 | AWK 3.625 06-15-26債券 | American Water Capital C | — | NEW | 新建倉 |
| 44 | SHOPCN 0.125 11-01-25債券 | Shopify Inc | — | NEW | 新建倉 |
| 45 | AAL 6.5 07-01-25債券 | American Airlines Group | — | NEW | 新建倉 |
| 46 | PANW 0.375 06-01-25債券 | Palo Alto Networks | — | NEW | 新建倉 |
| 47 | JAZZ 2 06-15-26債券 | Jazz Investments I LTD | — | NEW | 新建倉 |
| 48 | EPR 5.75 PERP C債券 | Epr Properties | — | NEW | 新建倉 |
| 49 | TSLA | Tesla, Inc. | — | NEW | 新建倉 |
| 50 | DBX 0 03-01-26債券 | Dropbox Inc | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Warberg Asset Management LLC 在 Q1 2025 季度的美股持倉總市值約為 US$5.5億，共申報了 191 個公開持股部位。
在 Q1 2025 季度，Warberg Asset Management LLC 按市值排列的前三大核心持股分別為：Spdr S&P 500 Etf Tr Put Option (32.3%)、Invesco QQQ Tr Put Option 06/2 (3.6%)、X 5 11-01-26 (3.5%)。其中最大持股部位 Spdr S&P 500 Etf Tr Put Option 佔據整體投資組合約 32.3% 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
Spdr S&P 500 Etf Tr Put Option
市值: US$2.0億
在 Q1 2025 季度中，Warberg Asset Management LLC 共進行了 50 項持倉異動，包含新建倉 50 個部位、加碼 0 個部位、減碼 0 個部位以及清倉 0 個部位。 其中最大新建倉標的為 Spdr S&P 500 Etf Tr Put Option。
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。