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
226 檔
15.8%
在 Q4 2025 申報期間，Wasatch Advisors LP（CIK: 0000814133）向美國 SEC 提交的 Form 13F 報告顯示，其追蹤之股票投資組合總市值達 US$152.8億，共持有 226 個公開申報部位。
數據顯示 Wasatch Advisors LP 於 Q4 2025 季度持續回收資金，對 28 個既有部位進行裁減並清倉 5 個標的，組合整體流動性比重有所上升。
在資產配置集中度方面，Wasatch Advisors LP 的前 5 大核心持股（包含 HQY, ENSG, RBC 等）合計佔整體申報市值的 15.8%，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
ECG
市值: US$1.8億
本季最大獲利了結 / 清倉標的
VERX
前期市值: US$6764.0萬
僅顯示前 200 大持股（共 226 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 | HQY | Healthequity Inc | 股票-醫療保健 | 3.59% | +0.71% | +4.47% | |
| 2 | ENSG | Ensign Group Inc/the | 股票-醫療保健 | 2.94% | -0.36% | -19.66% | |
| 3 | RBC | RBC Bearings Inc | 股票-工業 | 2.67% | -0.72% | -22.93% | |
| 4 | NVMI | Nova Ltd. | 股票-其他 | 2.61% | -0.64% | -31.10% | |
| 5 | FOUR | Shift4 Payments Inc-class A | 股票-科技 | 2.54% | -0.53% | +10.10% | |
| 6 | FN | Fabrinet | 股票-科技 | 2.23% | -1.55% | -42.88% | |
| 7 | CWST | Casella Waste Systems Inc-a | 股票-工業 | 2.19% | +0.88% | +1.53% | |
| 8 | MEDP | Medpace Holdings Inc | 股票-醫療保健 | 2.16% | -0.26% | -29.99% | |
| 9 | OLLI | Ollie's Bargain Outlet Holdi | 股票-非循環性消費 | 2.06% | +0.36% | -14.21% | |
| 10 | CAMT | Camtek Ltd. | 股票-其他 | 2.00% | -0.48% | -21.21% | |
| 11 | OZK | Bank Ozk | 股票-金融 | 1.90% | -0.27% | -6.62% | |
| 12 | PCOR | Procore Technologies Inc | 股票-科技 | 1.83% | -0.61% | -14.81% | |
| 13 | SXI | Standex International CORP | 股票-其他 | 1.77% | -0.25% | +61.28% | |
| 14 | PAY | Paymentus Holdings Inc-a | 股票-其他 | 1.61% | -0.35% | +82.21% | |
| 15 | KAI | Kadant Inc | 股票-其他 | 1.55% | -0.23% | +3.23% | |
| 16 | SITE | Siteone Landscape Supply Inc | 股票-工業 | 1.55% | -0.93% | -4.10% | |
| 17 | MELI | Mercadolibre Inc | 股票-循環性消費 | 1.48% | -0.07% | -4.62% | |
| 18 | FRPT | Freshpet Inc | 股票-非循環性消費 | 1.43% | -0.53% | +4.30% | |
| 19 | SAIA | Saia Inc | 股票-工業 | 1.42% | -0.71% | -4.75% | |
| 20 | FIVE | Five Below | 股票-循環性消費 | 1.42% | -0.86% | -15.00% | |
| 21 | VVV | Valvoline Inc | 股票-循環性消費 | 1.41% | -0.22% | -20.36% | |
| 22 | NPO | Enpro Inc | 股票-工業 | 1.41% | -0.40% | -4.24% | |
| 23 | MC | Moelis & Co - Class A | 股票-金融 | 1.40% | -0.03% | +3.89% | |
| 24 | ICFI | Icf International Inc | 股票-其他 | 1.32% | -0.23% | +0.40% | |
| 25 | LOAR | Loar Holdings Inc | 股票-其他 | 1.24% | +0.37% | +17.33% | |
| 26 | CWAN | Clearwater Analytics Holdings, Inc. | 股票-科技 | 1.21% | — | -8.45% | |
| 27 | HLNE | Hamilton Lane Inc-class A | 股票-金融 | 1.21% | -0.57% | +2.73% | |
| 28 | CSW | Csw Industrials Inc | 股票-工業 | 1.16% | -0.25% | +11.02% | |
| 29 | XPEL | Xpel Inc | 股票-其他 | 1.13% | +0.05% | +16.57% | |
| 30 | GLBE | Global-E Online Ltd. | 股票-其他 | 1.13% | +0.56% | +40.02% | |
| 31 | SE | Sea Ltd-adr | 股票-通訊服務 | 1.11% | +0.03% | -5.97% | |
| 32 | ECG | Everus Construction Group | 股票-工業 | 1.10% | -1.07% | — | |
| 33 | FSS | Federal Signal CORP | 股票-工業 | 1.09% | +0.07% | +15.68% | |
| 34 | BCPC | Balchem CORP | 股票-原物料 | 1.08% | -0.44% | +9.29% | |
| 35 | CCC | Ccc Intelligent Solutions Ho | 股票-科技 | 1.08% | -0.60% | +12.14% | |
| 36 | MOD | Modine Manufacturing Co | 股票-循環性消費 | 1.04% | — | -22.04% | |
| 37 | NU | Nu Holdings Ltd. | 股票-金融 | 1.02% | -0.15% | -8.66% | |
| 38 | UFPT | Ufp Technologies Inc | 股票-其他 | 0.97% | +0.19% | +14.58% | |
| 39 | BRBR | Bellring Brands Inc | 股票-非循環性消費 | 0.96% | -0.21% | EXIT | |
| 40 | CERT | Certara Inc | 股票-其他 | 0.90% | -0.02% | -1.01% | |
| 41 | FND | Floor & Decor Holdings Inc-a | 股票-循環性消費 | 0.85% | -0.08% | -6.92% | |
| 42 | AAON | Aaon Inc | 股票-工業 | 0.83% | +0.69% | -14.38% | |
| 43 | UFPI | Ufp Industries Inc | 股票-原物料 | 0.83% | -0.42% | +18.66% | |
| 44 | QTWO | Q2 Holdings Inc | 股票-科技 | 0.79% | — | EXIT | |
| 45 | ✓ | Inter & Co Inc | 股票-其他 | 0.78% | -0.80% | EXIT | |
| 46 | PCTY | Paylocity Holding CORP | 股票-科技 | 0.76% | -0.50% | -35.12% | |
| 47 | GSHD | Goosehead Insurance Inc -a | 股票-其他 | 0.76% | -0.05% | -21.80% | |
| 48 | TREX | Trex Company Inc | 股票-工業 | 0.75% | +0.37% | -30.28% | |
| 49 | CNS | Cohen & Steers Inc | 股票-其他 | 0.75% | -0.28% | -3.94% | |
| 50 | GWRE | Guidewire Software Inc | 股票-科技 | 0.74% | -0.10% | -20.77% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | PAY | Paymentus Holdings Inc-a | +0.8% | +82.21% | 加碼 |
| 2 | SXI | Standex International CORP | +0.8% | +61.28% | 加碼 |
| 3 | XPEL | Xpel Inc | +0.6% | +16.57% | 加碼 |
| 4 | ✓ | Inter & Co Inc | +0.5% | +170.83% | 加碼 |
| 5 | GLBE | Global-E Online Ltd. | +0.5% | +40.02% | 加碼 |
| 6 | DXPE | Dxp Enterprises Inc | +0.4% | +480.24% | 加碼 |
| 7 | CSW | Csw Industrials Inc | +0.4% | +11.02% | 加碼 |
| 8 | RLI | Rli CORP | +0.3% | +65.26% | 加碼 |
| 9 | OSK | Oshkosh CORP | +0.3% | +4522.25% | 加碼 |
| 10 | CWAN | Clearwater Analytics Holdings, Inc. | +0.3% | -8.45% | 減碼 |
| 11 | FRPT | Freshpet Inc | +0.3% | +4.30% | 加碼 |
| 12 | TBBB | BBB Foods Inc. | +0.3% | +25.67% | 加碼 |
| 13 | UFPT | Ufp Technologies Inc | +0.3% | +14.58% | 加碼 |
| 14 | BELFB | Bel Fuse Inc-cl B | +0.2% | +74.29% | 加碼 |
| 15 | PJT | Pjt Partners Inc - A | +0.2% | +52.10% | 加碼 |
| 16 | FOUR | Shift4 Payments Inc-class A | 0% | +10.10% | 加碼 |
| 17 | RBC | RBC Bearings Inc | -0.1% | -22.93% | 減碼 |
| 18 | PCOR | Procore Technologies Inc | -0.1% | -14.81% | 減碼 |
| 19 | GSHD | Goosehead Insurance Inc -a | -0.1% | -21.80% | 減碼 |
| 20 | OZK | Bank Ozk | -0.1% | -6.62% | 減碼 |
| 21 | UTI | Universal Technical Institut | -0.1% | -25.67% | 減碼 |
| 22 | MELI | Mercadolibre Inc | -0.2% | -4.62% | 減碼 |
| 23 | FND | Floor & Decor Holdings Inc-a | -0.2% | -6.92% | 減碼 |
| 24 | FROG | JFrog Ltd. | -0.2% | -46.66% | 減碼 |
| 25 | GWRE | Guidewire Software Inc | -0.2% | -20.77% | 減碼 |
| 26 | CERT | Certara Inc | -0.2% | -1.01% | 減碼 |
| 27 | MOD | Modine Manufacturing Co | -0.3% | -22.04% | 減碼 |
| 28 | AAON | Aaon Inc | -0.3% | -14.38% | 減碼 |
| 29 | ROAD | Construction Partners Inc-a | -0.3% | -35.86% | 減碼 |
| 30 | CAMT | Camtek Ltd. | -0.3% | -21.21% | 減碼 |
| 31 | ACVA | Acv Auctions Inc-a | -0.3% | -77.01% | 減碼 |
| 32 | ENSG | Ensign Group Inc/the | -0.3% | -19.66% | 減碼 |
| 33 | PCTY | Paylocity Holding CORP | -0.4% | -35.12% | 減碼 |
| 34 | BRBR | Bellring Brands Inc | -0.4% | -10.15% | 減碼 |
| 35 | SE | Sea Ltd-adr | -0.4% | -5.97% | 減碼 |
| 36 | MEDP | Medpace Holdings Inc | -0.4% | -29.99% | 減碼 |
| 37 | NCNO | Ncino Inc | -0.4% | -60.22% | 減碼 |
| 38 | OLLI | Ollie's Bargain Outlet Holdi | -0.5% | -14.21% | 減碼 |
| 39 | VVV | Valvoline Inc | -0.6% | -20.36% | 減碼 |
| 40 | POOL | Pool CORP | -0.6% | -84.43% | 減碼 |
| 41 | FN | Fabrinet | -0.6% | -42.88% | 減碼 |
| 42 | TREX | Trex Company Inc | -0.7% | -30.28% | 減碼 |
| 43 | NVMI | Nova Ltd. | -0.7% | -31.10% | 減碼 |
| 44 | ECG | Everus Construction Group | — | NEW | 新建倉 |
| 45 | VERX | Vertex Inc - Class A | — | EXIT | 清倉 |
| 46 | ADT | Adt Inc | — | NEW | 新建倉 |
| 47 | JBI | Janus International Group In | — | EXIT | 清倉 |
| 48 | FBK | Fb Financial CORP | — | EXIT | 清倉 |
| 49 | SLVM | Sylvamo CORP | — | EXIT | 清倉 |
| 50 | BHE | Benchmark Electronics Inc | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Wasatch Advisors LP 在 Q4 2025 季度的美股持倉總市值約為 US$152.8億，共申報了 226 個公開持股部位。
在 Q4 2025 季度，Wasatch Advisors LP 按市值排列的前三大核心持股分別為：HQY (3.6%)、ENSG (2.9%)、RBC (2.7%)。其中最大持股部位 HQY 佔據整體投資組合約 3.6% 的權重。
在 Q4 2025 季度中，Wasatch Advisors LP 共進行了 50 項持倉異動，包含新建倉 2 個部位、加碼 15 個部位、減碼 28 個部位以及清倉 5 個部位。 其中最大新建倉標的為 ECG。 本季清倉部位包含 VERX。
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。