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: 0001853322
申報總市值
US$15.5億
US$15.5億
766 檔
3.4%
根據最新整理的 13F 季度數據集，Dark Forest Capital Management LP 於 Q1 2026 結束時的管理資產規模為 US$15.5億。該機構在本季度申報了 766 檔美股持倉，呈現出該時期的主要投資地圖。
在 Q1 2026，Dark Forest Capital Management LP 展現出較為審慎的避險與獲利了結姿態。本季共減碼 77 個部位並完全清倉 88 檔持股，調降曝險的部位數量高於加碼動作。
整體而言，Dark Forest Capital Management LP 的前 5 大持股（包含 BPOP, AXS, CDE）貢獻了組合市值的 3.4%，形成該機構在 Q1 2026 季度的基本面基石。
僅顯示前 200 大持股（共 766 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 | BPOP | Popular Inc | 股票-金融 | 1.05% | -1.05% | EXIT | |
| 2 | AXS | AXIS Capital Holdings Limited | 股票-金融 | 0.98% | -0.13% | -30.45% | |
| 3 | CDE | Coeur Mining Inc | 股票-原物料 | 0.96% | -0.86% | +1007.18% | |
| 4 | ROKU | Roku Inc | 股票-通訊服務 | 0.88% | -0.88% | EXIT | |
| 5 | UNP | Union Pacific CORP | 股票-工業 | 0.83% | -0.71% | -33.38% | |
| 6 | TOST | Toast Inc-class A | 股票-科技 | 0.79% | -0.70% | -20.19% | |
| 7 | TPG | Tpg Inc | 股票-金融 | 0.76% | -0.74% | +753.24% | |
| 8 | SSNC | Ss&c Technologies Holdings | 股票-科技 | 0.72% | +0.02% | +21.18% | |
| 9 | HUBS | Hubspot Inc | 股票-科技 | 0.69% | -0.25% | +208.33% | |
| 10 | ZM | Zoom Communications Inc | 股票-科技 | 0.68% | -0.33% | +105.27% | |
| 11 | MU | Micron Technology Inc | 股票-科技 | 0.66% | +0.09% | +62.88% | |
| 12 | SOFI | Sofi Technologies Inc | 股票-金融 | 0.64% | -0.48% | +286.61% | |
| 13 | AGNC | Agnc Investment CORP | 股票-房地產 | 0.63% | -0.63% | EXIT | |
| 14 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.62% | -0.62% | EXIT | |
| 15 | BFAM | Bright Horizons Family Solut | 股票-循環性消費 | 0.61% | -0.61% | EXIT | |
| 16 | AFRM | Affirm Holdings Inc | 股票-金融 | 0.61% | -0.51% | +147.36% | |
| 17 | ATMU | Atmus Filtration Technologie | 股票-循環性消費 | 0.59% | -0.59% | EXIT | |
| 18 | FERG | Ferguson Enterprises Inc | 股票-工業 | 0.59% | -0.56% | +52.19% | |
| 19 | AAPL | Apple Inc | 股票-科技 | 0.58% | -0.46% | -1.89% | |
| 20 | FCNCA | First Citizens Bcshs -cl A | 股票-金融 | 0.58% | -0.58% | EXIT | |
| 21 | OMF | Onemain Holdings Inc | 股票-金融 | 0.57% | -0.11% | -17.38% | |
| 22 | OWL | Blue Owl Capital Inc | 股票-金融 | 0.57% | -0.08% | +194.91% | |
| 23 | ALSN | Allison Transmission Holding | 股票-循環性消費 | 0.57% | -0.31% | -52.72% | |
| 24 | FWONK | Liberty Media Corp-formula-c | 股票-通訊服務 | 0.56% | -0.47% | — | |
| 25 | DTE | Dte Energy Company | 股票-公用事業 | 0.56% | +0.04% | -46.95% | |
| 26 | BOKF | Bok Financial Corporation | 股票-其他 | 0.53% | -0.29% | -21.87% | |
| 27 | NIC | Nicolet Bankshares Inc | 股票-其他 | 0.53% | -0.21% | +1019.46% | |
| 28 | LNG | Cheniere Energy Inc | 股票-能源 | 0.53% | -0.53% | EXIT | |
| 29 | PFSI | Pennymac Financial Services | 股票-其他 | 0.52% | -0.02% | -19.57% | |
| 30 | DKNG | Draftkings Inc-cl A | 股票-循環性消費 | 0.52% | -0.14% | +212.42% | |
| 31 | VEEV | Veeva Systems Inc-class A | 股票-醫療保健 | 0.52% | -0.52% | EXIT | |
| 32 | LAZ | Lazard Inc | 股票-金融 | 0.50% | -0.50% | EXIT | |
| 33 | SUI | Sun Communities Inc | 股票-房地產 | 0.50% | -0.50% | EXIT | |
| 34 | SYK | Stryker CORP | 股票-醫療保健 | 0.50% | -0.50% | EXIT | |
| 35 | RPRX | Royalty Pharma plc | 股票-醫療保健 | 0.48% | +0.01% | -59.74% | |
| 36 | BA | Boeing Co/the | 股票-工業 | 0.45% | -0.17% | +39.56% | |
| 37 | Z | Zillow Group Inc - C | 股票-通訊服務 | 0.44% | -0.09% | +2156.30% | |
| 38 | WTM | White Mountains Insurance Group, Ltd. | 股票-金融 | 0.44% | -0.44% | EXIT | |
| 39 | TJX | Tjx Companies Inc | 股票-循環性消費 | 0.44% | -0.31% | +142.94% | |
| 40 | FLO | Flowers Foods Inc | 股票-非循環性消費 | 0.43% | -0.43% | EXIT | |
| 41 | ITW | Illinois Tool Works | 股票-工業 | 0.43% | +0.11% | -41.20% | |
| 42 | MSFT | Microsoft CORP | 股票-科技 | 0.42% | +0.01% | -25.89% | |
| 43 | LPLA | Lpl Financial Holdings Inc | 股票-金融 | 0.42% | -0.08% | — | |
| 44 | CACC | Credit Acceptance CORP | 股票-其他 | 0.41% | -0.41% | EXIT | |
| 45 | ALNY | Alnylam Pharmaceuticals Inc | 股票-醫療保健 | 0.40% | -0.38% | +104.13% | |
| 46 | AMAT | Applied Materials Inc | 股票-科技 | 0.39% | +0.03% | -57.91% | |
| 47 | TPC | Tutor Perini CORP | 股票-其他 | 0.39% | -0.05% | +155.20% | |
| 48 | MSI | Motorola Solutions Inc | 股票-科技 | 0.39% | -0.39% | EXIT | |
| 49 | HON | Honeywell International Inc | 股票-工業 | 0.39% | -0.39% | EXIT | |
| 50 | COP | Conocophillips | 股票-能源 | 0.38% | -0.38% | EXIT |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | CDE | Coeur Mining Inc | +0.9% | +1007.18% | 加碼 |
| 2 | TPG | Tpg Inc | +0.7% | +753.24% | 加碼 |
| 3 | BPOP | Popular Inc | +0.7% | +29.27% | 加碼 |
| 4 | ROKU | Roku Inc | +0.6% | +91.49% | 加碼 |
| 5 | NIC | Nicolet Bankshares Inc | +0.5% | +1019.46% | 加碼 |
| 6 | SOFI | Sofi Technologies Inc | +0.5% | +286.61% | 加碼 |
| 7 | ZM | Zoom Communications Inc | +0.5% | +105.27% | 加碼 |
| 8 | HUBS | Hubspot Inc | +0.5% | +208.33% | 加碼 |
| 9 | MU | Micron Technology Inc | +0.5% | +62.88% | 加碼 |
| 10 | SYK | Stryker CORP | +0.5% | +499.23% | 加碼 |
| 11 | Z | Zillow Group Inc - C | +0.4% | +2156.30% | 加碼 |
| 12 | OWL | Blue Owl Capital Inc | +0.4% | +194.91% | 加碼 |
| 13 | MSI | Motorola Solutions Inc | +0.4% | +1518.56% | 加碼 |
| 14 | DKNG | Draftkings Inc-cl A | +0.4% | +212.42% | 加碼 |
| 15 | TJX | Tjx Companies Inc | +0.4% | +142.94% | 加碼 |
| 16 | COP | Conocophillips | +0.3% | +150.73% | 加碼 |
| 17 | JPM | Jpmorgan Chase & Co | +0.3% | +273.49% | 加碼 |
| 18 | TPC | Tutor Perini CORP | +0.3% | +155.20% | 加碼 |
| 19 | COST | Costco Wholesale CORP | +0.3% | +383.70% | 加碼 |
| 20 | MSGE | Madison Square Garden Entert | +0.3% | +1213.11% | 加碼 |
| 21 | AXS | AXIS Capital Holdings Limited | +0.2% | -30.45% | 減碼 |
| 22 | UNP | Union Pacific CORP | +0.2% | -33.38% | 減碼 |
| 23 | OMF | Onemain Holdings Inc | +0.1% | -17.38% | 減碼 |
| 24 | TOST | Toast Inc-class A | +0.1% | -20.19% | 減碼 |
| 25 | LAZ | Lazard Inc | +0.1% | -23.54% | 減碼 |
| 26 | DTE | Dte Energy Company | +0.1% | -46.95% | 減碼 |
| 27 | ITW | Illinois Tool Works | +0.1% | -41.20% | 減碼 |
| 28 | ALSN | Allison Transmission Holding | +0.1% | -52.72% | 減碼 |
| 29 | MSFT | Microsoft CORP | 0% | -25.89% | 減碼 |
| 30 | AMAT | Applied Materials Inc | 0% | -57.91% | 減碼 |
| 31 | AMZN | Amazon.com Inc | 0% | -38.41% | 減碼 |
| 32 | MRVL | Marvell Technology Inc | 0% | -52.08% | 減碼 |
| 33 | PFSI | Pennymac Financial Services | 0% | -19.57% | 減碼 |
| 34 | RPRX | Royalty Pharma plc | 0% | -59.74% | 減碼 |
| 35 | EBC | Eastern Bankshares Inc | 0% | -53.60% | 減碼 |
| 36 | ROAD | Construction Partners Inc-a | 0% | -52.56% | 減碼 |
| 37 | PNW | Pinnacle West Capital | 0% | -58.34% | 減碼 |
| 38 | CFG | Citizens Financial Group | 0% | -53.60% | 減碼 |
| 39 | LLY | Eli Lilly & Co | 0% | -46.88% | 減碼 |
| 40 | KMPR | Kemper CORP | 0% | -42.34% | 減碼 |
| 41 | CAG | Conagra Brands Inc | -0.1% | -51.93% | 減碼 |
| 42 | BNL | Broadstone Net Lease Inc | -0.1% | -61.97% | 減碼 |
| 43 | ANET | Arista Networks Inc | -0.1% | -56.06% | 減碼 |
| 44 | WEC | Wec Energy Group Inc | -0.1% | -66.84% | 減碼 |
| 45 | UNM | Unum Group | -0.1% | -62.19% | 減碼 |
| 46 | RTX | Rtx CORP | -0.1% | -61.36% | 減碼 |
| 47 | BMY | Bristol-myers Squibb Co | -0.1% | -65.77% | 減碼 |
| 48 | PLTR | Palantir Technologies Inc-a | -0.1% | -59.42% | 減碼 |
| 49 | CNS | Cohen & Steers Inc | -0.1% | -69.68% | 減碼 |
| 50 | GFS | GLOBALFOUNDRIES Inc. | -0.1% | -76.70% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Dark Forest Capital Management LP 在 Q1 2026 季度的美股持倉總市值約為 US$15.5億，共申報了 766 個公開持股部位。
在 Q1 2026 季度，Dark Forest Capital Management LP 按市值排列的前三大核心持股分別為：BPOP (1.1%)、AXS (1.0%)、CDE (1.0%)。其中最大持股部位 BPOP 佔據整體投資組合約 1.1% 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
FWONK
市值: US$631.2萬
本季最大獲利了結 / 清倉標的
CVX
前期市值: US$1498.9萬
在 Q1 2026 季度中，Dark Forest Capital Management LP 共進行了 200 項持倉異動，包含新建倉 15 個部位、加碼 20 個部位、減碼 77 個部位以及清倉 88 個部位。 其中最大新建倉標的為 FWONK。 本季清倉部位包含 CVX。
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。