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: 0000814133
申報總市值
US$152.8億
US$152.8億
229 檔
18.7%
根據最新整理的 13F 季度數據集，Wasatch Advisors LP 於 Q3 2025 結束時的管理資產規模為 US$152.8億。該機構在本季度申報了 229 檔美股持倉，呈現出該時期的主要投資地圖。
Q3 2025 的申報記錄反映 Wasatch Advisors LP 的板塊替換策略：機構本季推動了 27 筆增持與 23 筆減持，籌碼呈現明顯的結構重組。
檢視投資組合結構，前 5 大主力部位（包含 NVMI, ENSG, HQY）占據了總市值的 18.7%，展現出該機構在 Q3 2025 的重點資金聚焦與風險分佈特徵。
本季最大新建倉標的
FSS
市值: US$1.7億
本季最大獲利了結 / 清倉標的
PNW
前期市值: US$3.3億
僅顯示前 200 大持股（共 229 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 | NVMI | Nova Ltd. | 股票-其他 | 3.34% | -0.64% | -11.76% | |
| 2 | ENSG | Ensign Group Inc/the | 股票-醫療保健 | 3.28% | -0.36% | -0.71% | |
| 3 | HQY | Healthequity Inc | 股票-醫療保健 | 3.22% | +0.71% | +3.39% | |
| 4 | FN | Fabrinet | 股票-科技 | 2.83% | -1.55% | -19.05% | |
| 5 | RBC | RBC Bearings Inc | 股票-工業 | 2.73% | -0.72% | -1.57% | |
| 6 | FOUR | Shift4 Payments Inc-class A | 股票-科技 | 2.56% | -0.53% | -2.86% | |
| 7 | MEDP | Medpace Holdings Inc | 股票-醫療保健 | 2.56% | -0.26% | -2.10% | |
| 8 | OLLI | Ollie's Bargain Outlet Holdi | 股票-非循環性消費 | 2.55% | +0.36% | -9.19% | |
| 9 | CAMT | Camtek Ltd. | 股票-其他 | 2.27% | -0.48% | +14.66% | |
| 10 | OZK | Bank Ozk | 股票-金融 | 2.04% | -0.27% | +34.90% | |
| 11 | VVV | Valvoline Inc | 股票-循環性消費 | 1.98% | -0.22% | -1.52% | |
| 12 | PCOR | Procore Technologies Inc | 股票-科技 | 1.95% | -0.61% | +6.78% | |
| 13 | CWST | Casella Waste Systems Inc-a | 股票-工業 | 1.89% | +0.88% | +8.69% | |
| 14 | MELI | Mercadolibre Inc | 股票-循環性消費 | 1.63% | -0.07% | +2.81% | |
| 15 | SITE | Siteone Landscape Supply Inc | 股票-工業 | 1.51% | -0.93% | +11.41% | |
| 16 | SE | Sea Ltd-adr | 股票-通訊服務 | 1.49% | +0.03% | +1.88% | |
| 17 | TREX | Trex Company Inc | 股票-工業 | 1.44% | +0.37% | -0.39% | |
| 18 | KAI | Kadant Inc | 股票-其他 | 1.42% | -0.23% | -10.12% | |
| 19 | NPO | Enpro Inc | 股票-工業 | 1.40% | -0.40% | +8.20% | |
| 20 | BRBR | Bellring Brands Inc | 股票-非循環性消費 | 1.32% | -0.21% | EXIT | |
| 21 | ICFI | Icf International Inc | 股票-其他 | 1.30% | -0.23% | +16.88% | |
| 22 | MOD | Modine Manufacturing Co | 股票-循環性消費 | 1.29% | — | -5.98% | |
| 23 | MC | Moelis & Co - Class A | 股票-金融 | 1.27% | -0.03% | +16.12% | |
| 24 | FIVE | Five Below | 股票-循環性消費 | 1.24% | -0.86% | -8.63% | |
| 25 | SAIA | Saia Inc | 股票-工業 | 1.24% | -0.71% | -6.65% | |
| 26 | CERT | Certara Inc | 股票-其他 | 1.14% | -0.02% | +28.56% | |
| 27 | LOAR | Loar Holdings Inc | 股票-其他 | 1.12% | +0.37% | -0.47% | |
| 28 | FRPT | Freshpet Inc | 股票-非循環性消費 | 1.12% | -0.53% | -1.68% | |
| 29 | PCTY | Paylocity Holding CORP | 股票-科技 | 1.11% | -0.50% | -26.98% | |
| 30 | AAON | Aaon Inc | 股票-工業 | 1.08% | +0.69% | +27.14% | |
| 31 | HLNE | Hamilton Lane Inc-class A | 股票-金融 | 1.07% | -0.57% | -1.09% | |
| 32 | FND | Floor & Decor Holdings Inc-a | 股票-循環性消費 | 1.00% | -0.08% | -6.95% | |
| 33 | CCC | Ccc Intelligent Solutions Ho | 股票-科技 | 1.00% | -0.60% | +43.71% | |
| 34 | GWRE | Guidewire Software Inc | 股票-科技 | 0.97% | -0.10% | +6.66% | |
| 35 | SXI | Standex International CORP | 股票-其他 | 0.97% | -0.25% | -2.02% | |
| 36 | NU | Nu Holdings Ltd. | 股票-金融 | 0.96% | -0.15% | -12.67% | |
| 37 | FSS | Federal Signal CORP | 股票-工業 | 0.94% | +0.07% | — | |
| 38 | CWAN | Clearwater Analytics Holdings, Inc. | 股票-科技 | 0.89% | — | -3.75% | |
| 39 | GSHD | Goosehead Insurance Inc -a | 股票-其他 | 0.89% | -0.05% | -2.60% | |
| 40 | BCPC | Balchem CORP | 股票-原物料 | 0.87% | -0.44% | +12.62% | |
| 41 | QTWO | Q2 Holdings Inc | 股票-科技 | 0.84% | — | EXIT | |
| 42 | CSW | Csw Industrials Inc | 股票-工業 | 0.78% | -0.25% | -15.17% | |
| 43 | PAY | Paymentus Holdings Inc-a | 股票-其他 | 0.77% | -0.35% | +210.06% | |
| 44 | CNS | Cohen & Steers Inc | 股票-其他 | 0.74% | -0.28% | -15.50% | |
| 45 | NCNO | Ncino Inc | 股票-其他 | 0.72% | — | -20.18% | |
| 46 | ARHS | Arhaus Inc | 股票-其他 | 0.70% | — | -3.97% | |
| 47 | FROG | JFrog Ltd. | 股票-科技 | 0.69% | +0.41% | +5.99% | |
| 48 | UFPT | Ufp Technologies Inc | 股票-其他 | 0.69% | +0.19% | -1.32% | |
| 49 | POOL | Pool CORP | 股票-工業 | 0.67% | — | -14.50% | |
| 50 | GLBE | Global-E Online Ltd. | 股票-其他 | 0.66% | +0.56% | +0.55% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | FN | Fabrinet | +1.5% | -19.05% | 加碼 |
| 2 | CAMT | Camtek Ltd. | +1.3% | +14.66% | 加碼 |
| 3 | NVMI | Nova Ltd. | +1.2% | -11.76% | 減碼 |
| 4 | MEDP | Medpace Holdings Inc | +1.2% | -2.10% | 加碼 |
| 5 | PCOR | Procore Technologies Inc | +0.9% | +6.78% | 加碼 |
| 6 | ENSG | Ensign Group Inc/the | +0.9% | -0.71% | 加碼 |
| 7 | LOAR | Loar Holdings Inc | +0.9% | -0.47% | 加碼 |
| 8 | NPO | Enpro Inc | +0.7% | +8.20% | 加碼 |
| 9 | CERT | Certara Inc | +0.6% | +28.56% | 加碼 |
| 10 | MOD | Modine Manufacturing Co | +0.5% | -5.98% | 減碼 |
| 11 | SXI | Standex International CORP | +0.5% | -2.02% | 加碼 |
| 12 | GLBE | Global-E Online Ltd. | +0.5% | +0.55% | 加碼 |
| 13 | MC | Moelis & Co - Class A | +0.4% | +16.12% | 加碼 |
| 14 | RBC | RBC Bearings Inc | +0.3% | -1.57% | 減碼 |
| 15 | VITL | Vital Farms Inc | +0.3% | +13.87% | 加碼 |
| 16 | AAON | Aaon Inc | +0.3% | +27.14% | 加碼 |
| 17 | TBBB | BBB Foods Inc. | +0.3% | +23.76% | 加碼 |
| 18 | ARLO | Arlo Technologies Inc | +0.3% | +17.67% | 加碼 |
| 19 | OZK | Bank Ozk | +0.3% | +34.90% | 加碼 |
| 20 | FIVE | Five Below | +0.3% | -8.63% | 減碼 |
| 21 | SE | Sea Ltd-adr | +0.3% | +1.88% | 減碼 |
| 22 | LGIH | Lgi Homes Inc | -0.4% | -57.67% | 減碼 |
| 23 | HLIO | Helios Technologies Inc | -0.4% | +5.37% | 減碼 |
| 24 | TREX | Trex Company Inc | -0.4% | -0.39% | 減碼 |
| 25 | POOL | Pool CORP | -0.4% | -14.50% | 減碼 |
| 26 | GSHD | Goosehead Insurance Inc -a | -0.4% | -2.60% | 加碼 |
| 27 | VVV | Valvoline Inc | -0.5% | -1.52% | 減碼 |
| 28 | CWAN | Clearwater Analytics Holdings, Inc. | -0.5% | -3.75% | 減碼 |
| 29 | HLNE | Hamilton Lane Inc-class A | -0.6% | -1.09% | 減碼 |
| 30 | MORN | Morningstar Inc | -0.7% | -42.33% | 減碼 |
| 31 | YETI | Yeti Holdings Inc | -0.9% | -36.40% | 減碼 |
| 32 | BRBR | Bellring Brands Inc | -0.9% | +30.46% | 加碼 |
| 33 | NSA | National Storage Affiliates | -1% | -60.71% | 減碼 |
| 34 | INSP | Inspire Medical Systems Inc | -1.3% | -91.68% | 減碼 |
| 35 | PCTY | Paylocity Holding CORP | -1.3% | -26.98% | 減碼 |
| 36 | GLOB | Globant S.A. | -1.9% | -67.89% | 減碼 |
| 37 | PNW | Pinnacle West Capital Corporation | — | EXIT | 清倉 |
| 38 | FSS | Federal Signal CORP | — | NEW | 新建倉 |
| 39 | ✓ | Cyberark Software LTD. Cmn | — | EXIT | 清倉 |
| 40 | MKTX | Marketaxess Holdings Inc | — | EXIT | 清倉 |
| 41 | PAY | Paymentus Holdings Inc-a | — | NEW | 新建倉 |
| 42 | TCOM | Trip.com Group Ltd-adr | — | EXIT | 清倉 |
| 43 | WING | Wingstop Inc | — | NEW | 新建倉 |
| 44 | RLI | Rli CORP | — | NEW | 新建倉 |
| 45 | SBH | Sally Beauty Holdings Inc | — | NEW | 新建倉 |
| 46 | GDYN | Grid Dynamics Holdings Inc | — | EXIT | 清倉 |
| 47 | PJT | Pjt Partners Inc - A | — | NEW | 新建倉 |
| 48 | VERX | Vertex Inc - Class A | — | NEW | 新建倉 |
| 49 | FRPT | Freshpet, Inc. | — | NEW | 新建倉 |
| 50 | ALG | Alamo Group Inc | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Wasatch Advisors LP 在 Q3 2025 季度的美股持倉總市值約為 US$152.8億，共申報了 229 個公開持股部位。
在 Q3 2025 季度，Wasatch Advisors LP 按市值排列的前三大核心持股分別為：NVMI (3.3%)、ENSG (3.3%)、HQY (3.2%)。其中最大持股部位 NVMI 佔據整體投資組合約 3.3% 的權重。
在 Q3 2025 季度中，Wasatch Advisors LP 共進行了 50 項持倉異動，包含新建倉 9 個部位、加碼 18 個部位、減碼 18 個部位以及清倉 5 個部位。 其中最大新建倉標的為 FSS。 本季清倉部位包含 PNW。
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。