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: 0002041021
申報總市值
US$1.1億
US$1.1億
156 檔
9.8%
Board of the Pension Protection Fund 在 Q1 2026 季度的美股部位總計估值為 US$1.1億，分散於 156 個持倉標的之中，反映其市場參與廣度與投資規模。
從 Q1 2026 申報觀察，Board of the Pension Protection Fund 採取防禦導向的調倉策略，本季減碼 35 檔個股並出清 79 檔部位，顯示機構在該時期進行風險控制與流動性回收。
從部位權重觀察，前 5 大標的（包含 DELL, CLS, TWLO）累計市值佔比達 9.8%，是驅動 Board of the Pension Protection Fund 該季度整體投資組合績效表現的核心支柱。
| # | 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 | DELL | Dell Technologies -c | 股票-科技 | 2.19% | -2.19% | EXIT | |
| 2 | CLS | Celestica Inc | 股票-科技 | 1.84% | -1.84% | EXIT | |
| 3 | TWLO | Twilio Inc - A | 股票-科技 | 1.83% | -1.79% | +21.54% | |
| 4 | OTEX | Open Text CORP | 股票-其他 | 1.81% | -1.81% | EXIT | |
| 5 | HPE | Hewlett Packard Enterprise | 股票-科技 | 1.81% | +0.02% | +15.50% | |
| 6 | GIB | Cgi Inc | 股票-科技 | 1.80% | -0.01% | — | |
| 7 | EIX | Edison International | 股票-公用事業 | 1.78% | -0.08% | -6.36% | |
| 8 | ZM | Zoom Communications Inc | 股票-科技 | 1.69% | -1.69% | EXIT | |
| 9 | PCG | P G & E CORP | 股票-公用事業 | 1.66% | -0.31% | -9.67% | |
| 10 | NTAP | Netapp Inc | 股票-科技 | 1.65% | -1.65% | EXIT | |
| 11 | EXC | Exelon CORP | 股票-公用事業 | 1.63% | -0.88% | +1344.00% | |
| 12 | PYPL | Paypal Holdings Inc | 股票-金融 | 1.63% | -0.67% | +3454.55% | |
| 13 | FLEX | Flex Ltd. | 股票-科技 | 1.62% | +0.27% | — | |
| 14 | ATO | Atmos Energy CORP | 股票-公用事業 | 1.58% | -1.58% | EXIT | |
| 15 | TRMB | Trimble Inc | 股票-科技 | 1.58% | -1.58% | EXIT | |
| 16 | MRVL | Marvell Technology Inc | 股票-科技 | 1.58% | -1.58% | EXIT | |
| 17 | OMC | Omnicom Group | 股票-通訊服務 | 1.56% | -0.08% | +3.69% | |
| 18 | DSGX | Descartes Systems Grp/the | 股票-科技 | 1.56% | -1.56% | EXIT | |
| 19 | DOCU | Docusign Inc | 股票-科技 | 1.53% | -0.29% | +46.67% | |
| 20 | GPN | Global Payments Inc | 股票-工業 | 1.52% | -0.03% | +32.43% | |
| 21 | OKTA | Okta Inc | 股票-科技 | 1.48% | -1.48% | EXIT | |
| 22 | L | Loews CORP | 股票-金融 | 1.48% | +0.24% | -5.03% | |
| 23 | NI | Nisource Inc | 股票-公用事業 | 1.47% | -0.69% | +1700.00% | |
| 24 | LVS | Las Vegas Sands CORP | 股票-循環性消費 | 1.46% | -0.12% | — | |
| 25 | SSNC | Ss&c Technologies Holdings | 股票-科技 | 1.42% | -0.13% | +2762.50% | |
| 26 | SYF | Synchrony Financial | 股票-金融 | 1.42% | +0.24% | +14.65% | |
| 27 | FWONA | Liberty Media Corp-formula-a | 股票-其他 | 1.41% | -1.41% | EXIT | |
| 28 | NWS | News CORP - Class B | 股票-通訊服務 | 1.39% | -0.39% | +2.50% | |
| 29 | BEN | Franklin Resources Inc | 股票-金融 | 1.38% | -1.38% | EXIT | |
| 30 | DAL | Delta Air Lines Inc | 股票-工業 | 1.38% | +0.08% | +2.74% | |
| 31 | PTC | Ptc Inc | 股票-科技 | 1.36% | -1.20% | +5100.00% | |
| 32 | CINF | Cincinnati Financial CORP | 股票-金融 | 1.36% | +0.06% | -5.05% | |
| 33 | HIG | Hartford Insurance Group Inc | 股票-金融 | 1.36% | +0.10% | -4.39% | |
| 34 | RF | Regions Financial CORP | 股票-金融 | 1.33% | -0.72% | -7.82% | |
| 35 | CTSH | Cognizant Tech Solutions-a | 股票-科技 | 1.33% | -0.50% | +15.76% | |
| 36 | CDW | Cdw Corp/de | 股票-科技 | 1.32% | -1.32% | EXIT | |
| 37 | GDDY | Godaddy Inc - Class A | 股票-科技 | 1.32% | -0.07% | +46.61% | |
| 38 | TXT | Textron Inc | 股票-工業 | 1.31% | +0.27% | -7.39% | |
| 39 | GEN | Gen Digital Inc | 股票-科技 | 1.28% | +0.17% | +24.87% | |
| 40 | FOX | Fox CORP - Class B | 股票-通訊服務 | 1.27% | — | -5.09% | |
| 41 | HBAN | Huntington Bancshares Inc | 股票-金融 | 1.25% | -1.25% | EXIT | |
| 42 | FOXA | Fox CORP - Class A | 股票-通訊服務 | 1.25% | +0.01% | -4.90% | |
| 43 | PRU | Prudential Financial Inc | 股票-金融 | 1.25% | -1.25% | EXIT | |
| 44 | RJF | Raymond James Financial Inc | 股票-金融 | 1.24% | -0.85% | +2225.00% | |
| 45 | UAL | United Airlines Holdings Inc | 股票-工業 | 1.19% | +0.47% | +2.17% | |
| 46 | EQH | Equitable Holdings Inc | 股票-金融 | 1.18% | +0.52% | -0.29% | |
| 47 | HPQ | Hp Inc | 股票-科技 | 1.18% | +0.07% | +12.69% | |
| 48 | SMCI | Super Micro Computer Inc | 股票-科技 | 1.17% | -0.12% | +73.68% | |
| 49 | FNF | Fidelity National Financial | 股票-金融 | 1.16% | -1.08% | -2.86% | |
| 50 | PINS | Pinterest Inc- Class A | 股票-通訊服務 | 1.14% | +0.42% | +33.99% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | NTAP | Netapp Inc | +1.6% | +2400.00% | 加碼 |
| 2 | PYPL | Paypal Holdings Inc | +1.6% | +3454.55% | 加碼 |
| 3 | TRMB | Trimble Inc | +1.5% | +5160.00% | 加碼 |
| 4 | EXC | Exelon CORP | +1.5% | +1344.00% | 加碼 |
| 5 | ATO | Atmos Energy CORP | +1.5% | +2225.00% | 加碼 |
| 6 | OKTA | Okta Inc | +1.4% | +3316.67% | 加碼 |
| 7 | NI | Nisource Inc | +1.4% | +1700.00% | 加碼 |
| 8 | SSNC | Ss&c Technologies Holdings | +1.4% | +2762.50% | 加碼 |
| 9 | PTC | Ptc Inc | +1.3% | +5100.00% | 加碼 |
| 10 | RJF | Raymond James Financial Inc | +1.2% | +2225.00% | 加碼 |
| 11 | CEG | Constellation Energy | +1.1% | +3533.33% | 加碼 |
| 12 | NRG | Nrg Energy Inc | +1.1% | +1316.67% | 加碼 |
| 13 | TEL | TE Connectivity plc | +1% | +5200.00% | 加碼 |
| 14 | AWK | American Water Works Co Inc | +1% | +1100.00% | 加碼 |
| 15 | INCY | Incyte CORP | +0.9% | +2060.00% | 加碼 |
| 16 | BR | Broadridge Financial Solutio | +0.9% | +5900.00% | 加碼 |
| 17 | DELL | Dell Technologies -c | +0.9% | +30.63% | 加碼 |
| 18 | BNY | Bank Of New York Mellon CORP | +0.8% | +1775.00% | 加碼 |
| 19 | FSLR | First Solar Inc | +0.8% | +450.00% | 加碼 |
| 20 | VRSN | Verisign Inc | +0.7% | +1950.00% | 加碼 |
| 21 | WAB | Wabtec CORP | +0.5% | +2200.00% | 加碼 |
| 22 | FDS | Factset Research Systems Inc | +0.5% | +1900.00% | 加碼 |
| 23 | APP | Applovin Corp-class A | +0.4% | +2900.00% | 加碼 |
| 24 | CRM | Salesforce Inc | +0.4% | +2400.00% | 加碼 |
| 25 | PWR | Quanta Services Inc | +0.3% | +1600.00% | 加碼 |
| 26 | QCOM | Qualcomm Inc | +0.3% | +1350.00% | 加碼 |
| 27 | XYL | Xylem Inc | +0.3% | +1400.00% | 加碼 |
| 28 | CDW | Cdw Corp/de | +0.3% | +46.91% | 加碼 |
| 29 | SMCI | Super Micro Computer Inc | +0.3% | +73.68% | 加碼 |
| 30 | PNR | Pentair plc | +0.3% | +1066.67% | 加碼 |
| 31 | FERG | Ferguson Enterprises Inc | +0.2% | +1100.00% | 加碼 |
| 32 | DOV | Dover CORP | +0.2% | +1200.00% | 加碼 |
| 33 | HCA | Hca Healthcare Inc | +0.2% | +650.00% | 加碼 |
| 34 | J | Jacobs Solutions Inc | +0.2% | +633.33% | 加碼 |
| 35 | LDOS | Leidos Holdings Inc | +0.2% | +170.00% | 加碼 |
| 36 | EXPD | Expeditors Intl Wash Inc | +0.2% | +533.33% | 加碼 |
| 37 | GD | General Dynamics CORP | +0.2% | +800.00% | 加碼 |
| 38 | ROL | Rollins Inc | +0.2% | +820.00% | 加碼 |
| 39 | MAS | Masco CORP | +0.2% | +583.33% | 加碼 |
| 40 | VRT | Vertiv Holdings Co-a | +0.2% | +800.00% | 加碼 |
| 41 | SNA | Snap-on Inc | +0.2% | +466.67% | 加碼 |
| 42 | HO1 | Hologic Inc | +0.2% | +200.00% | 加碼 |
| 43 | HPE | Hewlett Packard Enterprise | +0.2% | +15.50% | 加碼 |
| 44 | EIX | Edison International | +0.2% | -6.36% | 減碼 |
| 45 | GPN | Global Payments Inc | +0.2% | +32.43% | 加碼 |
| 46 | CSCO | Cisco Systems Inc | +0.2% | +525.00% | 加碼 |
| 47 | ALLE | Allegion plc | +0.1% | +550.00% | 加碼 |
| 48 | ED | Consolidated Edison Inc | +0.1% | +120.00% | 加碼 |
| 49 | UBER | Uber Technologies Inc | +0.1% | +525.00% | 加碼 |
| 50 | APH | Amphenol Corp-cl A | +0.1% | +600.00% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Board of the Pension Protection Fund 在 Q1 2026 季度的美股持倉總市值約為 US$1.1億，共申報了 156 個公開持股部位。
在 Q1 2026 季度，Board of the Pension Protection Fund 按市值排列的前三大核心持股分別為：DELL (2.2%)、CLS (1.8%)、TWLO (1.8%)。其中最大持股部位 DELL 佔據整體投資組合約 2.2% 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
CLS
市值: US$200.1萬
本季最大獲利了結 / 清倉標的
GM
前期市值: US$181.3萬
在 Q1 2026 季度中，Board of the Pension Protection Fund 共進行了 199 項持倉異動，包含新建倉 15 個部位、加碼 70 個部位、減碼 35 個部位以及清倉 79 個部位。 其中最大新建倉標的為 CLS。 本季清倉部位包含 GM。
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。