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: 0001531809
申報總市值
US$14.6億
US$14.6億
118 檔
20.5%
在 Q1 2026 的 13F 官方備案中，CapWealth Advisors, LLC 管理的美股投資組合規模來到 US$14.6億，整體持股檔數為 118 檔。
數據顯示 CapWealth Advisors, LLC 於 Q1 2026 季度持續回收資金，對 61 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。
從部位權重觀察，前 5 大標的（包含 FNMA F PERP P, GLW, FNMA 8.25 PERP T）累計市值佔比達 20.5%，是驅動 CapWealth Advisors, LLC 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 | FNMA F PERP P債券 | Fannie Mae | 債券 | 5.71% | -0.29% | +0.68% | |
| 2 | GLW | Corning Inc | 股票-科技 | 4.45% | +2.62% | -7.41% | |
| 3 | FNMA 8.25 PERP T債券 | Fannie Mae | 債券 | 4.31% | -0.79% | +0.10% | |
| 4 | WMB | Williams Cos Inc | 股票-能源 | 4.12% | -0.24% | -1.73% | |
| 5 | LUMN | Lumen Technologies Inc | 股票-通訊服務 | 3.62% | +0.13% | +4.63% | |
| 6 | CVX | Chevron CORP | 股票-能源 | 2.92% | -0.74% | -0.65% | |
| 7 | DOW | Dow Inc | 股票-原物料 | 2.51% | -0.96% | -0.89% | |
| 8 | JNJ | Johnson & Johnson | 股票-醫療保健 | 2.49% | -0.10% | -1.82% | |
| 9 | GILD | Gilead Sciences Inc | 股票-醫療保健 | 2.43% | -0.40% | -3.84% | |
| 10 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 2.42% | -0.01% | -17.37% | |
| 11 | GEV | GE Vernova Inc | 股票-工業 | 2.40% | +0.29% | -18.68% | |
| 12 | T | At&t Inc | 股票-通訊服務 | 2.33% | -0.74% | +94.33% | |
| 13 | MSFT | Microsoft CORP | 股票-科技 | 2.22% | -0.10% | -8.87% | |
| 14 | RTX | Rtx CORP | 股票-工業 | 2.20% | -0.19% | -4.07% | |
| 15 | IBM | Intl Business Machines CORP | 股票-科技 | 2.19% | +0.21% | +0.04% | |
| 16 | FMCC 6.02 PERP X債券 | Freddie Mac | 債券 | 2.12% | -0.33% | +0.05% | |
| 17 | GE | General Electric | 股票-工業 | 2.10% | +0.48% | -1.69% | |
| 18 | DUK | Duke Energy CORP | 股票-公用事業 | 2.03% | -0.17% | -0.39% | |
| 19 | FNMA V8.25 PERP S債券 | Fannie Mae | 債券 | 1.94% | -0.28% | +0.26% | |
| 20 | BAC | Bank Of America CORP | 股票-金融 | 1.90% | +0.14% | -2.07% | |
| 21 | NEE | Nextera Energy Inc | 股票-公用事業 | 1.85% | +0.29% | +0.14% | |
| 22 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 1.77% | +0.50% | -33.15% | |
| 23 | CVS | Cvs Health CORP | 股票-醫療保健 | 1.74% | +0.67% | -0.70% | |
| 24 | UPS | United Parcel Service-cl B | 股票-工業 | 1.68% | +0.05% | +3.45% | |
| 25 | FMCC V8.375 PERP Z債券 | Freddie Mac | 債券 | 1.63% | -0.27% | -1.12% | |
| 26 | DHI | Dr Horton Inc | 股票-循環性消費 | 1.60% | +0.18% | -1.08% | |
| 27 | AMZN | Amazon.com Inc | 股票-循環性消費 | 1.57% | +0.12% | +12.94% | |
| 28 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 1.54% | -0.43% | -51.31% | |
| 29 | AMGN | Amgen Inc | 股票-醫療保健 | 1.51% | -0.05% | +52.73% | |
| 30 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 1.50% | -0.07% | -46.54% | |
| 31 | AAPL | Apple Inc | 股票-科技 | 1.35% | +0.02% | -3.90% | |
| 32 | FBK | Fb Financial CORP | 股票-其他 | 1.33% | -0.02% | -0.66% | |
| 33 | PEP | Pepsico Inc | 股票-非循環性消費 | 1.32% | -0.20% | -0.40% | |
| 34 | REMX | Vaneck Rar Earth Nd Stg-usdi | ETF-其他 | 1.26% | -0.08% | -0.95% | |
| 35 | HON | Honeywell International Inc | 股票-工業 | 1.19% | -1.19% | EXIT | |
| 36 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 1.19% | +0.50% | +26.69% | |
| 37 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 1.15% | +0.20% | -0.06% | |
| 38 | CEG | Constellation Energy | 股票-公用事業 | 1.15% | -0.18% | +0.16% | |
| 39 | STWD | Starwood Property Trust Inc | 股票-房地產 | 1.12% | -0.02% | — | |
| 40 | KO | Coca-cola Co/the | 股票-非循環性消費 | 1.07% | -0.05% | -0.28% | |
| 41 | SONY | Sony Group CORP - Sp Adr | 股票-科技 | 0.95% | -0.04% | +5.41% | |
| 42 | SYK | Stryker CORP | 股票-醫療保健 | 0.91% | -0.01% | +3.90% | |
| 43 | ORCL | Oracle CORP | 股票-科技 | 0.88% | -0.04% | -0.31% | |
| 44 | HSY | Hershey Co/the | 股票-非循環性消費 | 0.87% | -0.19% | -1.66% | |
| 45 | NVDA | Nvidia CORP | 股票-科技 | 0.84% | +0.06% | +789.54% | |
| 46 | GNRC | Generac Holdings Inc | 股票-工業 | 0.73% | -0.73% | EXIT | |
| 47 | BIL | Ss Spdr Bb 1-3m T-bill ETF | ETF-政府公債 | 0.72% | -0.35% | -14.08% | |
| 48 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.69% | -0.12% | -12.96% | |
| 49 | HD | Home Depot Inc | 股票-循環性消費 | 0.68% | +0.10% | +1.45% | |
| 50 | FNMA F PERP O債券 | Fannie Mae | 債券 | 0.62% | -0.10% | +0.21% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | GLW | Corning Inc | +1.6% | -7.41% | 減碼 |
| 2 | T | At&t Inc | +1.4% | +94.33% | 加碼 |
| 3 | DOW | Dow Inc | +1.2% | -0.89% | 減碼 |
| 4 | WMB | Williams Cos Inc | +0.9% | -1.73% | 減碼 |
| 5 | CVX | Chevron CORP | +0.9% | -0.65% | 減碼 |
| 6 | NVDA | Nvidia CORP | +0.8% | +789.54% | 加碼 |
| 7 | AMGN | Amgen Inc | +0.7% | +52.73% | 加碼 |
| 8 | LLY | Eli Lilly & Co | +0.6% | +2239.89% | 加碼 |
| 9 | JNJ | Johnson & Johnson | +0.5% | -1.82% | 減碼 |
| 10 | NEE | Nextera Energy Inc | +0.4% | +0.14% | 加碼 |
| 11 | GILD | Gilead Sciences Inc | +0.4% | -3.84% | 減碼 |
| 12 | GEV | GE Vernova Inc | +0.4% | -18.68% | 減碼 |
| 13 | DUK | Duke Energy CORP | +0.4% | -0.39% | 減碼 |
| 14 | REMX | Vaneck Rar Earth Nd Stg-usdi | +0.3% | -0.95% | 減碼 |
| 15 | HON | Honeywell International Inc | +0.3% | +2.63% | 加碼 |
| 16 | GNRC | Generac Holdings Inc | +0.2% | -3.04% | 減碼 |
| 17 | PEP | Pepsico Inc | +0.2% | -0.40% | 減碼 |
| 18 | RTX | Rtx CORP | +0.2% | -4.07% | 減碼 |
| 19 | UPS | United Parcel Service-cl B | +0.2% | +3.45% | 加碼 |
| 20 | KO | Coca-cola Co/the | +0.2% | -0.28% | 減碼 |
| 21 | HSY | Hershey Co/the | +0.2% | -1.66% | 減碼 |
| 22 | AMZN | Amazon.com Inc | +0.2% | +12.94% | 加碼 |
| 23 | SOLS | Solstice Adv Materials Inc | +0.1% | -0.66% | 減碼 |
| 24 | UNH | Unitedhealth Group Inc | +0.1% | +26.69% | 加碼 |
| 25 | CARR | Carrier Global CORP | +0.1% | +7.26% | 加碼 |
| 26 | LUMN | Lumen Technologies Inc | +0.1% | +4.63% | 加碼 |
| 27 | COST | Costco Wholesale CORP | +0.1% | -12.96% | 減碼 |
| 28 | MRK | Merck & Co. Inc. | +0.1% | -17.37% | 減碼 |
| 29 | DHI | Dr Horton Inc | 0% | -1.08% | 減碼 |
| 30 | SYK | Stryker CORP | 0% | +3.90% | 加碼 |
| 31 | HD | Home Depot Inc | 0% | +1.45% | 加碼 |
| 32 | SO | Southern Co/the | 0% | +6.39% | 加碼 |
| 33 | SCHD | Schwab US Dvd Equity ETF | 0% | -11.49% | 減碼 |
| 34 | RSP | Invesco S&p 500 Equal Weight | 0% | -4.75% | 減碼 |
| 35 | HCA | Hca Healthcare Inc | 0% | -0.97% | 減碼 |
| 36 | FBK | Fb Financial CORP | 0% | -0.66% | 減碼 |
| 37 | BRK-A | Berkshire Hathaway Inc-cl A | 0% | — | 不變 |
| 38 | ET | Energy Transfer LP | 0% | — | 不變 |
| 39 | MO | Altria Group Inc | 0% | +0.87% | 加碼 |
| 40 | DVY | Ishares Select Dividend ETF | 0% | -3.74% | 減碼 |
| 41 | XOM | Exxon Mobil CORP | 0% | -27.48% | 減碼 |
| 42 | NHI | Natl Health Investors Inc | 0% | — | 不變 |
| 43 | LOW | Lowe's Cos Inc | 0% | — | 不變 |
| 44 | VIG | Vanguard Dividend Apprec ETF | 0% | +3.22% | 加碼 |
| 45 | CGGR | Cap Group Growth Equity | — | -2.08% | 減碼 |
| 46 | IVV | Ishares Core S&p 500 ETF | — | -1.91% | 減碼 |
| 47 | SPY | Ss Spdr S&p 500 ETF Trust-us | — | -2.56% | 減碼 |
| 48 | META | Meta Platforms Inc-class A | — | -3.09% | 減碼 |
| 49 | VOO | Vanguard S&p 500 ETF | — | -6.81% | 減碼 |
| 50 | TSLA | Tesla Inc | — | -3.63% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，CapWealth Advisors, LLC 在 Q1 2026 季度的美股持倉總市值約為 US$14.6億，共申報了 118 個公開持股部位。
在 Q1 2026 季度，CapWealth Advisors, LLC 按市值排列的前三大核心持股分別為：FNMA F PERP P (5.7%)、GLW (4.5%)、FNMA 8.25 PERP T (4.3%)。其中最大持股部位 FNMA F PERP P 佔據整體投資組合約 5.7% 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
STWD
市值: US$1504.5萬
本季最大獲利了結 / 清倉標的
MCHI
前期市值: US$763.5萬
在 Q1 2026 季度中，CapWealth Advisors, LLC 共進行了 102 項持倉異動，包含新建倉 3 個部位、加碼 33 個部位、減碼 61 個部位以及清倉 5 個部位。 其中最大新建倉標的為 STWD。 本季清倉部位包含 MCHI。
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。