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: 0001752759
申報總市值
US$20.6億
US$20.6億
105 檔
32.4%
Dnca Finance 在 Q1 2026 季度的美股部位總計估值為 US$20.6億，分散於 105 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，Dnca Finance 採取防禦導向的調倉策略，本季減碼 45 檔個股並出清 21 檔部位，顯示機構在該時期進行風險控制與流動性回收。
在資產配置集中度方面，Dnca Finance 的前 5 大核心持股（包含 TTE, AZN, CRH 等）合計佔整體申報市值的 32.4%，反映機構在主要關鍵部位上的權重分佈。
| # | 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 | TTE | TotalEnergies SE | 股票-其他 | 17.59% | -5.25% | -27.93% | |
| 2 | AZN | AstraZeneca PLC | 股票-醫療保健 | 6.13% | -0.85% | — | |
| 3 | CRH | CRH plc | 股票-原物料 | 5.34% | +0.60% | +64.51% | |
| 4 | RACE | Ferrari N.V. | 股票-循環性消費 | 4.70% | +0.18% | +6.33% | |
| 5 | NVDA | Nvidia CORP | 股票-科技 | 4.51% | -0.58% | +3.61% | |
| 6 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 4.44% | -1.19% | -4.48% | |
| 7 | MSFT | Microsoft CORP | 股票-科技 | 3.46% | -0.36% | -9.52% | |
| 8 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 3.10% | -0.34% | -8.16% | |
| 9 | WMT | Walmart Inc | 股票-非循環性消費 | 3.00% | -1.60% | -5.16% | |
| 10 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.80% | +0.20% | +4.30% | |
| 11 | AVGO | Broadcom Inc | 股票-科技 | 2.71% | -0.12% | +1.85% | |
| 12 | NFLX | Netflix Inc | 股票-通訊服務 | 2.60% | -1.78% | +74.26% | |
| 13 | AAPL | Apple Inc | 股票-科技 | 2.39% | +0.27% | — | |
| 14 | V | Visa Inc-class A Shares | 股票-金融 | 2.26% | -0.18% | -32.49% | |
| 15 | ✓ | Ferrovial Se | 股票-其他 | 2.10% | -2.10% | EXIT | |
| 16 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 1.75% | +0.56% | +37.62% | |
| 17 | QGEN | Qiagen N.V. | 股票-醫療保健 | 1.74% | -0.31% | — | |
| 18 | MA | Mastercard Inc - A | 股票-金融 | 1.55% | -0.40% | — | |
| 19 | GS | Goldman Sachs Group Inc | 股票-金融 | 1.45% | +0.15% | -7.15% | |
| 20 | DE | Deere & Co | 股票-工業 | 1.33% | -0.14% | +25.57% | |
| 21 | AMD | Advanced Micro Devices | 股票-科技 | 1.08% | +1.61% | +20.75% | |
| 22 | NEM | Newmont CORP | 股票-原物料 | 1.07% | -1.02% | -9.61% | |
| 23 | PANW | Palo Alto Networks Inc | 股票-科技 | 0.98% | +0.41% | -5.70% | |
| 24 | HWM | Howmet Aerospace Inc | 股票-工業 | 0.94% | -0.16% | +24.28% | |
| 25 | MU | Micron Technology Inc | 股票-科技 | 0.93% | +2.77% | +12.11% | |
| 26 | TT | Trane Technologies plc | 股票-工業 | 0.86% | +0.05% | -19.98% | |
| 27 | VRT | Vertiv Holdings Co-a | 股票-工業 | 0.84% | -0.29% | +7.56% | |
| 28 | ITUB | Itau Unibanco H-spon Prf Adr | 股票-金融 | 0.83% | +0.15% | +19.19% | |
| 29 | FLUT | Flutter Entertainment plc | 股票-循環性消費 | 0.81% | -0.67% | — | |
| 30 | DHI | Dr Horton Inc | 股票-循環性消費 | 0.79% | +0.11% | -0.45% | |
| 31 | ANET | Arista Networks Inc | 股票-科技 | 0.73% | +0.14% | — | |
| 32 | ORCL | Oracle CORP | 股票-科技 | 0.71% | -0.10% | -9.78% | |
| 33 | MDLN | Medline Inc-cl A | 股票-其他 | 0.64% | -0.64% | EXIT | |
| 34 | ISRG | Intuitive Surgical Inc | 股票-醫療保健 | 0.63% | -0.16% | — | |
| 35 | CRM | Salesforce Inc | 股票-科技 | 0.63% | -0.34% | -10.06% | |
| 36 | LIN | Linde plc | 股票-原物料 | 0.63% | +0.52% | — | |
| 37 | FPS | Forgent Power Solutions Inc | 股票-其他 | 0.55% | -0.16% | — | |
| 38 | ETN | Eaton Corporation plc | 股票-工業 | 0.54% | +0.05% | — | |
| 39 | GM | General Motors Co | 股票-循環性消費 | 0.46% | +0.10% | -28.58% | |
| 40 | NU | Nu Holdings Ltd. | 股票-金融 | 0.45% | +0.01% | — | |
| 41 | INTC | Intel CORP | 股票-科技 | 0.44% | +1.23% | +56.73% | |
| 42 | UBER | Uber Technologies Inc | 股票-工業 | 0.41% | -0.05% | -24.24% | |
| 43 | TMO | Thermo Fisher Scientific Inc | 股票-醫療保健 | 0.40% | -0.05% | +172.01% | |
| 44 | SYK | Stryker CORP | 股票-醫療保健 | 0.40% | -0.07% | +35.62% | |
| 45 | SHOP | Shopify Inc - Class A | 股票-科技 | 0.37% | -0.06% | — | |
| 46 | CRWD | Crowdstrike Holdings Inc - A | 股票-科技 | 0.37% | +0.18% | -35.80% | |
| 47 | DOLE | Dole plc | 股票-其他 | 0.37% | -0.37% | EXIT | |
| 48 | WAB | Wabtec CORP | 股票-工業 | 0.36% | +0.30% | +175.50% | |
| 49 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 0.35% | -0.03% | -36.65% | |
| 50 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.34% | -0.34% | EXIT |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | CRH | CRH plc | +1.2% | +64.51% | 加碼 |
| 2 | NFLX | Netflix Inc | +1.1% | +74.26% | 加碼 |
| 3 | TSM | Taiwan Semiconductor-sp Adr | +0.6% | +37.62% | 加碼 |
| 4 | TTE | TotalEnergies SE | +0.6% | -27.93% | 減碼 |
| 5 | MDLN | Medline Inc-cl A | +0.5% | +354.55% | 加碼 |
| 6 | DE | Deere & Co | +0.4% | +25.57% | 加碼 |
| 7 | VRT | Vertiv Holdings Co-a | +0.3% | +7.56% | 加碼 |
| 8 | HWM | Howmet Aerospace Inc | +0.3% | +24.28% | 加碼 |
| 9 | WAB | Wabtec CORP | +0.3% | +175.50% | 加碼 |
| 10 | ITUB | Itau Unibanco H-spon Prf Adr | +0.2% | +19.19% | 加碼 |
| 11 | MU | Micron Technology Inc | +0.2% | +12.11% | 加碼 |
| 12 | TMO | Thermo Fisher Scientific Inc | +0.2% | +172.01% | 加碼 |
| 13 | INTC | Intel CORP | +0.2% | +56.73% | 加碼 |
| 14 | WMT | Walmart Inc | +0.1% | -5.16% | 減碼 |
| 15 | AMD | Advanced Micro Devices | +0.1% | +20.75% | 加碼 |
| 16 | DXCM | Dexcom Inc | +0.1% | +59.57% | 加碼 |
| 17 | SYK | Stryker CORP | +0.1% | +35.62% | 加碼 |
| 18 | AKAM 1.125 02-15-29債券 | Akamai Technologies Inc | +0.1% | +280.00% | 加碼 |
| 19 | GEV | GE Vernova Inc | 0% | +10.54% | 加碼 |
| 20 | FLR 1.125 08-15-29債券 | Fluor CORP | 0% | +125.00% | 加碼 |
| 21 | NIO 4.625 10-15-30債券 | Nio Inc | 0% | +100.00% | 加碼 |
| 22 | DDOG 0 12-01-29債券 | Datadog Inc | 0% | +22.99% | 加碼 |
| 23 | GOOG | Alphabet Inc-cl C | 0% | +162.69% | 加碼 |
| 24 | NEE 3 03-01-27債券 | Nextera Energy Capital | 0% | — | 不變 |
| 25 | NTNX 0.5 12-15-29債券 | Nutanix Inc | 0% | +8.70% | 加碼 |
| 26 | DBX 0 03-01-28債券 | Dropbox Inc | — | -60.00% | 減碼 |
| 27 | RIVN 3.625 10-15-30債券 | Rivian Auto Inc | — | +25.93% | 加碼 |
| 28 | FWONK 2.25 08-15-27債券 | Liberty Media CORP | — | — | 不變 |
| 29 | GWRE 1.25 11-01-29債券 | Guidewire Software Inc | — | — | 不變 |
| 30 | FSLR | First Solar Inc | — | +35.29% | 加碼 |
| 31 | HALO 1 08-15-28債券 | Halozyme Therapeutics In | — | — | 不變 |
| 32 | NET 0 08-15-26債券 | Cloudflare Inc | — | — | 不變 |
| 33 | EXAS 0.375 03-01-28債券 | Exact Sciences CORP | — | — | 不變 |
| 34 | JNJ | Johnson & Johnson | 0% | -18.86% | 減碼 |
| 35 | WM | Waste Management Inc | 0% | -13.43% | 減碼 |
| 36 | AFRM 0.75 12-15-29債券 | Affirm Holdings Inc | 0% | — | 不變 |
| 37 | LLY | Eli Lilly & Co | 0% | -1.28% | 減碼 |
| 38 | RGEN 1 12-15-28債券 | Repligen CORP | 0% | -36.36% | 減碼 |
| 39 | PSN 2.625 03-01-29債券 | Parsons CORP | 0% | -53.33% | 減碼 |
| 40 | SXT | Sensient Technologies CORP | 0% | -31.52% | 減碼 |
| 41 | VLTO | Veralto CORP | 0% | -34.32% | 減碼 |
| 42 | ZTS | Zoetis Inc | 0% | -50.05% | 減碼 |
| 43 | NEM | Newmont CORP | 0% | -9.61% | 減碼 |
| 44 | ANET | Arista Networks Inc | -0.1% | — | 不變 |
| 45 | AVAV 0 07-15-30債券 | Aerovironment Inc | -0.1% | -4.55% | 減碼 |
| 46 | SNOW | Snowflake Inc | -0.1% | +27.42% | 加碼 |
| 47 | DHI | Dr Horton Inc | -0.1% | -0.45% | 減碼 |
| 48 | NEE | Nextera Energy Inc | -0.1% | -47.18% | 減碼 |
| 49 | UBER 0.875 12-01-28 2028債券 | Uber Technologies Inc | -0.1% | -74.26% | 減碼 |
| 50 | KLAR | Klarna Group plc | -0.1% | +46.58% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Dnca Finance 在 Q1 2026 季度的美股持倉總市值約為 US$20.6億，共申報了 105 個公開持股部位。
在 Q1 2026 季度，Dnca Finance 按市值排列的前三大核心持股分別為：TTE (17.6%)、AZN (6.1%)、CRH (5.3%)。其中最大持股部位 TTE 佔據整體投資組合約 17.6% 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
AZN
市值: US$1.1億
本季最大獲利了結 / 清倉標的
QGEN
前期市值: US$3157.0萬
在 Q1 2026 季度中，Dnca Finance 共進行了 114 項持倉異動，包含新建倉 18 個部位、加碼 30 個部位、減碼 45 個部位以及清倉 21 個部位。 其中最大新建倉標的為 AZN。 本季清倉部位包含 QGEN。
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。