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: 0001787258
申報總市值
US$27.2億
US$27.2億
351 檔
5.6%
在 Q1 2026 申報期間，Cinctive Capital Management LP（CIK: 0001787258）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$27.2億，共持有 351 個公開申報部位。
觀察 Q1 2026 的資金脈絡，Cinctive Capital Management LP 在獲利結算 73 檔個股的同時，將資本重新部署至 60 檔新選標的，展現主動管理機構的輪動節奏。
從部位權重觀察，前 5 大標的（包含 VST, VLO, FPS）累計市值佔比達 5.6%，是驅動 Cinctive Capital Management LP 該季度整體投資組合績效表現的核心支柱。
僅顯示前 200 大持股（共 351 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 | VST | Vistra CORP | 股票-公用事業 | 2.35% | +0.50% | -28.18% | |
| 2 | VLO | Valero Energy CORP | 股票-能源 | 2.16% | -1.95% | +9.52% | |
| 3 | FPS | Forgent Power Solutions Inc | 股票-其他 | 2.05% | -2.05% | EXIT | |
| 4 | HD | Home Depot Inc | 股票-循環性消費 | 1.76% | -0.51% | +131.51% | |
| 5 | ✓ | Lifezone Metalslimited | 股票-其他 | 1.68% | -0.48% | +10.87% | |
| 6 | NVDA | Nvidia CORP | 股票-科技 | 1.60% | -0.45% | +9.84% | |
| 7 | TGT | Target CORP | 股票-循環性消費 | 1.53% | -1.02% | +82.65% | |
| 8 | CEG | Constellation Energy | 股票-公用事業 | 1.42% | -1.42% | EXIT | |
| 9 | ROST | Ross Stores Inc | 股票-循環性消費 | 1.32% | -0.34% | -22.59% | |
| 10 | WBD | Warner Bros Discovery Inc | 股票-通訊服務 | 1.24% | -1.24% | EXIT | |
| 11 | SRE | Sempra | 股票-公用事業 | 1.15% | -0.28% | -37.95% | |
| 12 | ✓ | Rice Acquisition CORP 3 | 股票-其他 | 1.11% | -0.47% | — | |
| 13 | NTRS | Northern Trust CORP | 股票-金融 | 1.05% | -1.05% | EXIT | |
| 14 | WBI | Waterbridge Infrastruc-cl A | 股票-其他 | 1.03% | -0.78% | -43.23% | |
| 15 | NET | Cloudflare Inc - Class A | 股票-科技 | 1.00% | -1.00% | EXIT | |
| 16 | T86 | Tri Pointe Homes Inc | 股票-其他 | 1.00% | -1.00% | EXIT | |
| 17 | CSX | Csx CORP | 股票-工業 | 0.95% | +0.12% | +481.49% | |
| 18 | OKE | Oneok Inc | 股票-能源 | 0.89% | -0.85% | +396.88% | |
| 19 | WMT | Walmart Inc | 股票-非循環性消費 | 0.89% | -0.88% | +109.92% | |
| 20 | AMAT | Applied Materials Inc | 股票-科技 | 0.88% | -0.88% | EXIT | |
| 21 | BLDR | Builders Firstsource Inc | 股票-工業 | 0.83% | -0.21% | +440.87% | |
| 22 | RL | Ralph Lauren CORP | 股票-循環性消費 | 0.83% | -0.57% | +22.65% | |
| 23 | ANF | Abercrombie & Fitch Co-cl A | 股票-循環性消費 | 0.81% | -0.82% | EXIT | |
| 24 | INSM | Insmed Inc | 股票-醫療保健 | 0.78% | -0.14% | +307.15% | |
| 25 | TXRH | Texas Roadhouse Inc | 股票-循環性消費 | 0.77% | -0.62% | -11.70% | |
| 26 | C | Citigroup Inc | 股票-金融 | 0.75% | -0.50% | -17.83% | |
| 27 | MS | Morgan Stanley | 股票-金融 | 0.74% | -0.63% | -14.80% | |
| 28 | FIVE | Five Below | 股票-循環性消費 | 0.73% | -0.24% | -23.73% | |
| 29 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.71% | -0.51% | — | |
| 30 | BBIO | Bridgebio Pharma Inc | 股票-醫療保健 | 0.71% | -0.71% | EXIT | |
| 31 | ASO | Academy Sports & Outdoors In | 股票-循環性消費 | 0.66% | -0.66% | EXIT | |
| 32 | WH | Wyndham Hotels & Resorts Inc | 股票-循環性消費 | 0.66% | -0.58% | +1176.55% | |
| 33 | TRP | Tc Energy CORP | 股票-能源 | 0.65% | -0.65% | EXIT | |
| 34 | NTHI | Neonc Technologies Holdings | 股票-其他 | 0.65% | -0.38% | — | |
| 35 | ORLY | O'reilly Automotive Inc | 股票-循環性消費 | 0.65% | +0.46% | -25.57% | |
| 36 | MTSI | Macom Technology Solutions H | 股票-科技 | 0.64% | -0.64% | EXIT | |
| 37 | DINO | Hf Sinclair CORP | 股票-能源 | 0.63% | -0.18% | — | |
| 38 | PSN | Parsons CORP | 股票-科技 | 0.63% | -0.36% | +3093.27% | |
| 39 | DAWNGBX | Day One Biopharmaceuticals I | 股票-其他 | 0.63% | -0.63% | EXIT | |
| 40 | DHR | Danaher CORP | 股票-醫療保健 | 0.63% | -0.63% | EXIT | |
| 41 | NIQ | NIQ Global Intelligence plc | 股票-其他 | 0.61% | +0.33% | +28.39% | |
| 42 | WTTR | Select Water Solutions Inc | 股票-其他 | 0.60% | — | +115.20% | |
| 43 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.60% | -0.07% | +2.69% | |
| 44 | ACLXGBX | Arcellx Inc | 股票-其他 | 0.60% | -0.60% | EXIT | |
| 45 | RVMD | Revolution Medicines Inc | 股票-醫療保健 | 0.59% | -0.41% | +120.14% | |
| 46 | FLG | Flagstar Bank NA | 股票-金融 | 0.59% | +0.03% | — | |
| 47 | ✓ | On Holding AG | 股票-其他 | 0.57% | -0.07% | +93.12% | |
| 48 | RBA | Rb Global Inc | 股票-工業 | 0.57% | +0.08% | — | |
| 49 | DECK | Deckers Outdoor CORP | 股票-循環性消費 | 0.57% | -0.30% | +346.08% | |
| 50 | GLDD | Great Lakes Dredge & Dock Co | 股票-其他 | 0.55% | -0.55% | EXIT |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | HD | Home Depot Inc | +1.1% | +131.51% | 加碼 |
| 2 | VLO | Valero Energy CORP | +1.1% | +9.52% | 加碼 |
| 3 | TGT | Target CORP | +1% | +82.65% | 加碼 |
| 4 | CSX | Csx CORP | +0.8% | +481.49% | 加碼 |
| 5 | OKE | Oneok Inc | +0.8% | +396.88% | 加碼 |
| 6 | AMAT | Applied Materials Inc | +0.8% | +331.26% | 加碼 |
| 7 | NTRS | Northern Trust CORP | +0.7% | +143.68% | 加碼 |
| 8 | BLDR | Builders Firstsource Inc | +0.7% | +440.87% | 加碼 |
| 9 | WH | Wyndham Hotels & Resorts Inc | +0.6% | +1176.55% | 加碼 |
| 10 | PSN | Parsons CORP | +0.6% | +3093.27% | 加碼 |
| 11 | INSM | Insmed Inc | +0.6% | +307.15% | 加碼 |
| 12 | WMT | Walmart Inc | +0.6% | +109.92% | 加碼 |
| 13 | ANF | Abercrombie & Fitch Co-cl A | +0.5% | +199.78% | 加碼 |
| 14 | DECK | Deckers Outdoor CORP | +0.5% | +346.08% | 加碼 |
| 15 | UAL | United Airlines Holdings Inc | +0.5% | +1475.59% | 加碼 |
| 16 | HLT | Hilton Worldwide Holdings In | +0.4% | +698.72% | 加碼 |
| 17 | WTTR | Select Water Solutions Inc | +0.4% | +115.20% | 加碼 |
| 18 | TRP | Tc Energy CORP | +0.4% | +117.80% | 加碼 |
| 19 | DNTH | Dianthus Therapeutics Inc | +0.4% | +105.66% | 加碼 |
| 20 | BBIO | Bridgebio Pharma Inc | +0.4% | +107.66% | 加碼 |
| 21 | RVMD | Revolution Medicines Inc | +0.4% | +120.14% | 加碼 |
| 22 | MDGL | Madrigal Pharmaceuticals Inc | +0.4% | +315.68% | 加碼 |
| 23 | MTSI | Macom Technology Solutions H | +0.4% | +73.50% | 加碼 |
| 24 | WING | Wingstop Inc | +0.4% | +2820.86% | 加碼 |
| 25 | ISRG | Intuitive Surgical Inc | +0.4% | +240.25% | 加碼 |
| 26 | JAZZ | Jazz Pharmaceuticals plc | +0.4% | +447.18% | 加碼 |
| 27 | DHR | Danaher CORP | +0.3% | +118.03% | 加碼 |
| 28 | SCHW | Schwab (charles) CORP | +0.3% | +121.40% | 加碼 |
| 29 | TBN | Tamboran Resources CORP | +0.3% | +515.67% | 加碼 |
| 30 | WBS | Webster Financial CORP | +0.3% | +277.96% | 加碼 |
| 31 | ECHO | Echostar Corp-a | +0.3% | +119.85% | 加碼 |
| 32 | GOOG | Alphabet Inc-cl C | +0.2% | +313.02% | 加碼 |
| 33 | UTHR | United Therapeutics CORP | +0.2% | +426.68% | 加碼 |
| 34 | ✓ | Lifezone Metalslimited | +0.1% | +10.87% | 加碼 |
| 35 | ORLY | O'reilly Automotive Inc | -0.1% | -25.57% | 減碼 |
| 36 | WBI | Waterbridge Infrastruc-cl A | -0.1% | -43.23% | 減碼 |
| 37 | MU | Micron Technology Inc | -0.1% | -47.47% | 減碼 |
| 38 | ALSN | Allison Transmission Holding | -0.1% | -54.04% | 減碼 |
| 39 | AEO | American Eagle Outfitters | -0.2% | -18.43% | 減碼 |
| 40 | AS | Amer Sports, Inc. | -0.2% | -54.43% | 減碼 |
| 41 | ICE | Intercontinental Exchange In | -0.2% | -48.79% | 減碼 |
| 42 | EWBC | East West Bancorp Inc | -0.2% | -81.66% | 減碼 |
| 43 | INTC | Intel CORP | -0.2% | -91.20% | 減碼 |
| 44 | COST | Costco Wholesale CORP | -0.2% | -67.17% | 減碼 |
| 45 | KVYO | Klaviyo Inc-a | -0.2% | -52.92% | 減碼 |
| 46 | AVGO | Broadcom Inc | -0.2% | -79.18% | 減碼 |
| 47 | FHN | First Horizon CORP | -0.2% | -45.73% | 減碼 |
| 48 | SF | Stifel Financial CORP | -0.2% | -25.09% | 減碼 |
| 49 | VOO | Vanguard S&P 500 ETF | -0.2% | -42.13% | 減碼 |
| 50 | U | Unity Software Inc | -0.2% | -74.93% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Cinctive Capital Management LP 在 Q1 2026 季度的美股持倉總市值約為 US$27.2億，共申報了 351 個公開持股部位。
在 Q1 2026 季度，Cinctive Capital Management LP 按市值排列的前三大核心持股分別為：VST (2.4%)、VLO (2.2%)、FPS (2.0%)。其中最大持股部位 VST 佔據整體投資組合約 2.4% 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
FPS
市值: US$3146.3萬
本季最大獲利了結 / 清倉標的
SPY
前期市值: US$9546.9萬
在 Q1 2026 季度中，Cinctive Capital Management LP 共進行了 200 項持倉異動，包含新建倉 60 個部位、加碼 34 個部位、減碼 33 個部位以及清倉 73 個部位。 其中最大新建倉標的為 FPS。 本季清倉部位包含 SPY。
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。