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: 0000919458
申報總市值
US$22.9億
US$22.9億
510 檔
42.9%
Q1 2026 季度申報顯示，Alerus Financial NA 揭露的美股組合總市值為 US$22.9億，涵蓋 510 個不同之權益投資部位。
觀察 Q1 2026 的申報異動，Alerus Financial NA 採取了強勁的買進策略，建倉與加碼動作（合計 115 筆）涵蓋多個核心板塊，展現機構對特定產業前景之樂觀態度。
檢視投資組合結構，前 5 大主力部位（包含 VOO, DFAX, IWR）占據了總市值的 42.9%，展現出該機構在 Q1 2026 的重點資金聚焦與風險分佈特徵。
僅顯示前 200 大持股（共 510 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 | VOO | Vanguard S&p 500 ETF | ETF-大型股與成長 | 22.44% | +0.08% | +0.66% | |
| 2 | DFAX | Dimensional World Ex US Core | ETF-其他 | 14.15% | -0.66% | -0.19% | |
| 3 | IWR | Ishares Russell Mid-cap ETF | ETF-其他 | 4.71% | +0.04% | +1.75% | |
| 4 | VCRB | Vanguard Core Bond ETF | ETF-其他 | 3.63% | -0.38% | +1.26% | |
| 5 | IXUS | Ishares Core Intl Stock ETF | ETF-其他 | 3.63% | -0.10% | -5.31% | |
| 6 | NVDA | Nvidia CORP | 股票-科技 | 2.91% | +0.01% | -0.66% | |
| 7 | ALRS | Alerus Financial CORP | 股票-其他 | 2.63% | +0.25% | -2.07% | |
| 8 | AAPL | Apple Inc | 股票-科技 | 2.34% | +0.04% | -0.06% | |
| 9 | MSFT | Microsoft CORP | 股票-科技 | 1.94% | -0.24% | +0.34% | |
| 10 | AVGO | Broadcom Inc | 股票-科技 | 1.79% | +0.03% | -3.29% | |
| 11 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 1.66% | +0.13% | -3.40% | |
| 12 | VCLT | Vanguard Long-term CORP Bond | ETF-投資等級公司債 | 1.51% | -0.18% | +4.37% | |
| 13 | AMZN | Amazon.com Inc | 股票-循環性消費 | 1.25% | -0.03% | -0.40% | |
| 14 | VCSH | Vanguard S/t CORP Bond ETF | ETF-投資等級公司債 | 1.07% | -0.92% | +7.41% | |
| 15 | XOM | Exxon Mobil CORP | 股票-能源 | 1.02% | -0.15% | +3.76% | |
| 16 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.98% | +0.01% | -0.19% | |
| 17 | TSLA | Tesla Inc | 股票-循環性消費 | 0.83% | -0.05% | -3.82% | |
| 18 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.83% | +0.05% | -8.03% | |
| 19 | VTWO | Vanguard Russell 2000 ETF | ETF-中小型股 | 0.80% | +0.03% | -3.40% | |
| 20 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.77% | -0.09% | +1.60% | |
| 21 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.76% | +0.07% | +9.44% | |
| 22 | AAAU | Goldman Sachs Physical Gold | ETF-避險與商品 | 0.70% | -0.21% | — | |
| 23 | CSCO | Cisco Systems Inc | 股票-科技 | 0.62% | +0.24% | +17.59% | |
| 24 | VZ | Verizon Communications Inc | 股票-通訊服務 | 0.60% | -0.17% | +9.67% | |
| 25 | WMT | Walmart Inc | 股票-非循環性消費 | 0.56% | -0.09% | +1.61% | |
| 26 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.55% | -0.03% | +4.55% | |
| 27 | ETN | Eaton Corporation plc | 股票-工業 | 0.54% | -0.04% | -14.59% | |
| 28 | TLT | Ishares 20+ Year Treasury Bd | ETF-政府公債 | 0.53% | -0.10% | +5.05% | |
| 29 | SO | Southern Co/the | 股票-公用事業 | 0.53% | -0.19% | -25.81% | |
| 30 | IBM | Intl Business Machines CORP | 股票-科技 | 0.52% | +0.01% | -4.36% | |
| 31 | HPE | Hewlett Packard Enterprise | 股票-科技 | 0.50% | +0.11% | -17.29% | |
| 32 | MU | Micron Technology Inc | 股票-科技 | 0.48% | +0.98% | -2.14% | |
| 33 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.48% | +0.05% | +11.33% | |
| 34 | PH | Parker Hannifin CORP | 股票-工業 | 0.44% | -0.03% | -2.74% | |
| 35 | GE | General Electric | 股票-工業 | 0.43% | +0.02% | -10.63% | |
| 36 | T | At&t Inc | 股票-通訊服務 | 0.43% | -0.15% | -7.90% | |
| 37 | CVX | Chevron CORP | 股票-能源 | 0.42% | -0.05% | +5.46% | |
| 38 | VRT | Vertiv Holdings Co-a | 股票-工業 | 0.42% | -0.02% | -22.16% | |
| 39 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 0.41% | +0.13% | -3.73% | |
| 40 | NFLX | Netflix Inc | 股票-通訊服務 | 0.39% | -0.12% | +4.11% | |
| 41 | COR | Cencora Inc | 股票-醫療保健 | 0.37% | -0.13% | -9.61% | |
| 42 | HD | Home Depot Inc | 股票-循環性消費 | 0.36% | +0.02% | +17.48% | |
| 43 | WFC | Wells Fargo & Co | 股票-金融 | 0.35% | -0.04% | -3.08% | |
| 44 | TFC | Truist Financial CORP | 股票-金融 | 0.35% | -0.06% | -11.75% | |
| 45 | TTWO | Take-two Interactive Softwre | 股票-通訊服務 | 0.33% | -0.02% | -11.23% | |
| 46 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.32% | +0.04% | +34.98% | |
| 47 | CDNS | Cadence Design Sys Inc | 股票-科技 | 0.31% | -0.01% | -17.14% | |
| 48 | CAT | Caterpillar Inc | 股票-工業 | 0.30% | +0.05% | -11.62% | |
| 49 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.30% | +0.03% | +30.17% | |
| 50 | LNG | Cheniere Energy Inc | 股票-能源 | 0.29% | -0.12% | -20.90% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | DFAX | Dimensional World Ex US Core | +0.7% | -0.19% | 減碼 |
| 2 | XOM | Exxon Mobil CORP | +0.3% | +3.76% | 加碼 |
| 3 | JNJ | Johnson & Johnson | +0.2% | +9.44% | 加碼 |
| 4 | IWR | Ishares Russell Mid-cap ETF | +0.2% | +1.75% | 加碼 |
| 5 | VZ | Verizon Communications Inc | +0.2% | +9.67% | 加碼 |
| 6 | CVX | Chevron CORP | +0.1% | +5.46% | 加碼 |
| 7 | MRK | Merck & Co. Inc. | +0.1% | +34.98% | 加碼 |
| 8 | CSCO | Cisco Systems Inc | +0.1% | +17.59% | 加碼 |
| 9 | ALRS | Alerus Financial CORP | +0.1% | -2.07% | 減碼 |
| 10 | AMD | Advanced Micro Devices | +0.1% | +354.76% | 加碼 |
| 11 | DOW | Dow Inc | +0.1% | +4260.38% | 加碼 |
| 12 | EOG | Eog Resources Inc | +0.1% | +1933.50% | 加碼 |
| 13 | RTX | Rtx CORP | +0.1% | +2041.98% | 加碼 |
| 14 | KO | Coca-cola Co/the | +0.1% | +94.55% | 加碼 |
| 15 | VCSH | Vanguard S/t CORP Bond ETF | +0.1% | +7.41% | 加碼 |
| 16 | PG | Procter & Gamble Co/the | +0.1% | +30.17% | 加碼 |
| 17 | VRT | Vertiv Holdings Co-a | +0.1% | -22.16% | 減碼 |
| 18 | COP | Conocophillips | +0.1% | +659.40% | 加碼 |
| 19 | CMCSA | Comcast Corp-class A | +0.1% | +12797.81% | 加碼 |
| 20 | WMT | Walmart Inc | +0.1% | +1.61% | 加碼 |
| 21 | PFE | Pfizer Inc | +0.1% | +2708.27% | 加碼 |
| 22 | MU | Micron Technology Inc | +0.1% | -2.14% | 減碼 |
| 23 | STX | Seagate Technology Holdings plc | +0.1% | -0.74% | 減碼 |
| 24 | PLTR | Palantir Technologies Inc-a | +0.1% | +1611.53% | 加碼 |
| 25 | LMT | Lockheed Martin CORP | +0.1% | +678.22% | 加碼 |
| 26 | GILD | Gilead Sciences Inc | +0.1% | +28627.59% | 加碼 |
| 27 | TGT | Target CORP | +0.1% | +3432.25% | 加碼 |
| 28 | MCD | Mcdonald's CORP | +0.1% | +66.49% | 加碼 |
| 29 | AAAU | Goldman Sachs Physical Gold | +0.1% | — | 不變 |
| 30 | MO | Altria Group Inc | +0.1% | +1126.01% | 加碼 |
| 31 | TXN | Texas Instruments Inc | +0.1% | +203.40% | 加碼 |
| 32 | VCLT | Vanguard Long-term CORP Bond | +0.1% | +4.37% | 加碼 |
| 33 | VCRB | Vanguard Core Bond ETF | +0.1% | +1.26% | 加碼 |
| 34 | OKE | Oneok Inc | +0.1% | +5226.79% | 加碼 |
| 35 | BAC | Bank Of America CORP | +0.1% | +44.53% | 加碼 |
| 36 | CVS | Cvs Health CORP | +0.1% | +15580.90% | 加碼 |
| 37 | SNA | Snap-on Inc | +0.1% | +19078.57% | 加碼 |
| 38 | OMC | Omnicom Group | +0.1% | +544.12% | 加碼 |
| 39 | MTB | M & T Bank CORP | +0.1% | +21190.91% | 加碼 |
| 40 | SBUX | Starbucks CORP | +0.1% | +2602.18% | 加碼 |
| 41 | KEY | Keycorp | +0.1% | +2175.45% | 加碼 |
| 42 | COST | Costco Wholesale CORP | +0.1% | +10.04% | 加碼 |
| 43 | HD | Home Depot Inc | +0.1% | +17.48% | 加碼 |
| 44 | KVUE | Kenvue Inc | 0% | +897.92% | 加碼 |
| 45 | LRCX | Lam Research CORP | 0% | +523.98% | 加碼 |
| 46 | TROW | T Rowe Price Group Inc | 0% | +9857.00% | 加碼 |
| 47 | USB | US Bancorp | 0% | +236.65% | 加碼 |
| 48 | F | Ford Motor Co | 0% | +2638.75% | 加碼 |
| 49 | LNG | Cheniere Energy Inc | 0% | -20.90% | 減碼 |
| 50 | GPC | Genuine Parts Co | 0% | +118283.33% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Alerus Financial NA 在 Q1 2026 季度的美股持倉總市值約為 US$22.9億，共申報了 510 個公開持股部位。
在 Q1 2026 季度，Alerus Financial NA 按市值排列的前三大核心持股分別為：VOO (22.4%)、DFAX (14.2%)、IWR (4.7%)。其中最大持股部位 VOO 佔據整體投資組合約 22.4% 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
UL
市值: US$584.1萬
本季最大獲利了結 / 清倉標的
CYBERARK SOFTWARE LTD. CMN
前期市值: US$294.9萬
在 Q1 2026 季度中，Alerus Financial NA 共進行了 199 項持倉異動，包含新建倉 32 個部位、加碼 83 個部位、減碼 79 個部位以及清倉 5 個部位。 其中最大新建倉標的為 UL。 本季清倉部位包含 CYBERARK SOFTWARE LTD. CMN。
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。