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: 0001377581
申報總市值
US$80.9億
US$80.9億
85 檔
27.2%
First Pacific Advisors, LP 在 Q1 2026 季度的美股部位總計估值為 US$80.9億，分散於 85 個持倉標的之中，反映其市場參與廣度與投資規模。
First Pacific Advisors, LP 於 Q1 2026 展現出進攻型調倉步調，本季推動了 27 檔股票的新建倉與 22 檔既有部位加碼，整體資金傾向擴大在美股市場的曝險佈局。
在資產配置集中度方面，First Pacific Advisors, LP 的前 5 大核心持股（包含 ADI, GOOGL, IFF 等）合計佔整體申報市值的 27.2%，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 | ADI | Analog Devices Inc | 股票-科技 | 7.68% | +0.17% | -8.09% | |
| 2 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 6.78% | -0.56% | -11.92% | |
| 3 | IFF | Intl Flavors & Fragrances | 股票-原物料 | 5.50% | -0.16% | +1.57% | |
| 4 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 5.45% | -0.72% | -3.06% | |
| 5 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 5.36% | +0.46% | -1.22% | |
| 6 | C | Citigroup Inc | 股票-金融 | 5.04% | +0.18% | -9.46% | |
| 7 | TEL | TE Connectivity plc | 股票-科技 | 4.83% | -0.96% | -7.25% | |
| 8 | BDX | Becton Dickinson And Co | 股票-醫療保健 | 4.36% | -0.41% | +1.50% | |
| 9 | AMZN | Amazon.com Inc | 股票-循環性消費 | 4.13% | -0.12% | +0.36% | |
| 10 | CMCSA | Comcast Corp-class A | 股票-通訊服務 | 3.46% | -0.83% | +2.29% | |
| 11 | LBRDK | Liberty Broadband-c | 股票-通訊服務 | 3.27% | -1.36% | +73.92% | |
| 12 | AON | Aon plc | 股票-金融 | 3.18% | -0.39% | +7.12% | |
| 13 | FERG | Ferguson Enterprises Inc | 股票-工業 | 2.67% | -0.36% | -7.91% | |
| 14 | AMRZ | Amrize Ltd | 股票-原物料 | 2.47% | -0.38% | -7.68% | |
| 15 | NXPI | NXP Semiconductors N.V. | 股票-科技 | 2.12% | +0.27% | +0.34% | |
| 16 | MTN | Vail Resorts Inc | 股票-循環性消費 | 2.11% | +0.09% | +8.15% | |
| 17 | FBIN | Fortune Brands Innovations I | 股票-工業 | 2.07% | +0.53% | +7.60% | |
| 18 | ECHO 3.875 11-30-30債券 | Echostar CORP | 債券 | 1.83% | -0.42% | -6.97% | |
| 19 | KMX | Carmax Inc | 股票-循環性消費 | 1.74% | +0.23% | +1.97% | |
| 20 | NOV | Nov Inc | 股票-能源 | 1.67% | -0.20% | -21.91% | |
| 21 | BIO | Bio-rad Laboratories-a | 股票-醫療保健 | 1.59% | -0.13% | +1.47% | |
| 22 | BAX | Baxter International Inc | 股票-醫療保健 | 1.58% | +0.43% | — | |
| 23 | ICLR | ICON Public Limited Company | 股票-醫療保健 | 1.54% | -0.24% | +1.05% | |
| 24 | TMO | Thermo Fisher Scientific Inc | 股票-醫療保健 | 1.53% | +0.01% | +1.52% | |
| 25 | JEF | Jefferies Financial Group In | 股票-金融 | 1.50% | +0.17% | +0.24% | |
| 26 | LPLA | Lpl Financial Holdings Inc | 股票-金融 | 1.35% | -0.23% | -17.24% | |
| 27 | AJG | Arthur J Gallagher & Co | 股票-金融 | 1.18% | +2.61% | — | |
| 28 | DEI | Douglas Emmett Inc | 股票-其他 | 1.14% | +0.14% | +32.29% | |
| 29 | WAT | Waters CORP | 股票-醫療保健 | 1.12% | +0.12% | — | |
| 30 | MAR | Marriott International -cl A | 股票-循環性消費 | 1.07% | -0.99% | -40.30% | |
| 31 | UBER | Uber Technologies Inc | 股票-工業 | 0.98% | -0.11% | +1.74% | |
| 32 | WFC | Wells Fargo & Co | 股票-金融 | 0.97% | -0.17% | -21.36% | |
| 33 | WAB | Wabtec CORP | 股票-工業 | 0.91% | -0.28% | -41.35% | |
| 34 | AVTR | Avantor Inc | 股票-醫療保健 | 0.89% | +0.11% | +103.82% | |
| 35 | PYPL | Paypal Holdings Inc | 股票-金融 | 0.88% | +0.26% | — | |
| 36 | DELL | Dell Technologies -c | 股票-科技 | 0.88% | -0.88% | EXIT | |
| 37 | CNH | CNH Industrial N.V. | 股票-工業 | 0.74% | +0.25% | — | |
| 38 | KMI | Kinder Morgan, Inc. | 股票-能源 | 0.63% | -0.63% | EXIT | |
| 39 | VNO | Vornado Realty Trust | 股票-房地產 | 0.61% | +0.21% | +0.24% | |
| 40 | VYX | Ncr Voyix CORP | 股票-科技 | 0.48% | +0.07% | +7.28% | |
| 41 | MICC | The Magnum Ice Cream Company N. | 股票-非循環性消費 | 0.47% | +0.17% | +32.84% | |
| 42 | PCG | P G & E CORP | 股票-公用事業 | 0.29% | -0.05% | +1.74% | |
| 43 | AVGO | Broadcom Inc | 股票-科技 | 0.27% | +0.03% | -27.46% | |
| 44 | MRSH | Marsh & Mclennan Cos | 股票-金融 | 0.26% | -0.01% | — | |
| 45 | ECHO | Echostar Corp-a | 股票-通訊服務 | 0.15% | -0.03% | -67.10% | |
| 46 | RUSHA | Rush Enterprises Inc-cl A | 股票-循環性消費 | 0.12% | — | -12.83% | |
| 47 | STGW | Stagwell Inc | 股票-其他 | 0.11% | +0.01% | — | |
| 48 | TDW | Tidewater Inc | 股票-能源 | 0.10% | -0.04% | -13.07% | |
| 49 | VBIL | Vanguard 0-3m T-bill ETF | ETF-其他 | 0.10% | +0.14% | — | |
| 50 | GLD | Spdr Gold Shares | ETF-避險與商品 | 0.08% | -0.08% | EXIT |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | LBRDK | Liberty Broadband-c | +1.6% | +73.92% | 加碼 |
| 2 | ADI | Analog Devices Inc | +1% | -8.09% | 減碼 |
| 3 | IFF | Intl Flavors & Fragrances | +0.8% | +1.57% | 加碼 |
| 4 | AVTR | Avantor Inc | +0.3% | +103.82% | 加碼 |
| 5 | DELL | Dell Technologies -c | +0.3% | — | 不變 |
| 6 | KMX | Carmax Inc | +0.3% | +1.97% | 加碼 |
| 7 | MTN | Vail Resorts Inc | +0.2% | +8.15% | 加碼 |
| 8 | DEI | Douglas Emmett Inc | +0.2% | +32.29% | 加碼 |
| 9 | CMCSA | Comcast Corp-class A | +0.2% | +2.29% | 加碼 |
| 10 | AON | Aon plc | +0.1% | +7.12% | 加碼 |
| 11 | MICC | The Magnum Ice Cream Company N. | +0.1% | +32.84% | 加碼 |
| 12 | ECHO 3.875 11-30-30債券 | Echostar CORP | +0.1% | -6.97% | 減碼 |
| 13 | FERG | Ferguson Enterprises Inc | +0.1% | -7.91% | 減碼 |
| 14 | PCG | P G & E CORP | +0.1% | +1.74% | 加碼 |
| 15 | AMRZ | Amrize Ltd | 0% | -7.68% | 減碼 |
| 16 | TDW | Tidewater Inc | 0% | -13.07% | 減碼 |
| 17 | STGW | Stagwell Inc | 0% | — | 不變 |
| 18 | VT | Vanguard Tot World Stk ETF | 0% | +33.67% | 加碼 |
| 19 | RUSHA | Rush Enterprises Inc-cl A | 0% | -12.83% | 減碼 |
| 20 | RSVR | Reservoir Media Inc | 0% | -6.17% | 減碼 |
| 21 | ONL | Orion Properties Inc. | 0% | — | 不變 |
| 22 | PARR | Par Pacific Holdings Inc | 0% | -25.31% | 減碼 |
| 23 | NOV | Nov Inc | — | -21.91% | 減碼 |
| 24 | UPWK | Upwork Inc | — | — | 不變 |
| 25 | MRVI | Maravai Lifesciences Hldgs-a | — | — | 不變 |
| 26 | W 1 08-15-26債券 | Wayfair Inc | — | — | 不變 |
| 27 | ASLE | Aersale CORP | — | — | 不變 |
| 28 | ALGT | Allegiant Travel Co | — | — | 不變 |
| 29 | PBFS | Pioneer Bancorp Inc/ny | — | — | 不變 |
| 30 | PDLB | Ponce Financial Group Inc | — | — | 不變 |
| 31 | UNIT | Uniti Group Inc | — | — | 不變 |
| 32 | NFLX | Netflix Inc | — | — | 不變 |
| 33 | HYBB | Ishares Bb Rated CORP Bond | — | -50.35% | 減碼 |
| 34 | BIO | Bio-rad Laboratories-a | 0% | +1.47% | 加碼 |
| 35 | EBC | Eastern Bankshares Inc | 0% | -99.90% | 減碼 |
| 36 | UBER | Uber Technologies Inc | -0.1% | +1.74% | 加碼 |
| 37 | NXPI | NXP Semiconductors N.V. | -0.1% | +0.34% | 加碼 |
| 38 | VNO | Vornado Realty Trust | -0.1% | +0.24% | 加碼 |
| 39 | AVGO | Broadcom Inc | -0.1% | -27.46% | 減碼 |
| 40 | TMO | Thermo Fisher Scientific Inc | -0.1% | +1.52% | 加碼 |
| 41 | AMZN | Amazon.com Inc | -0.2% | +0.36% | 加碼 |
| 42 | VYX | Ncr Voyix CORP | -0.2% | +7.28% | 加碼 |
| 43 | GOOG | Alphabet Inc-cl C | -0.2% | -1.22% | 減碼 |
| 44 | FBIN | Fortune Brands Innovations I | -0.3% | +7.60% | 加碼 |
| 45 | ECHO | Echostar Corp-a | -0.3% | -67.10% | 減碼 |
| 46 | WAB | Wabtec CORP | -0.3% | -41.35% | 減碼 |
| 47 | C | Citigroup Inc | -0.4% | -9.46% | 減碼 |
| 48 | WFC | Wells Fargo & Co | -0.4% | -21.36% | 減碼 |
| 49 | LPLA | Lpl Financial Holdings Inc | -0.5% | -17.24% | 減碼 |
| 50 | TEL | TE Connectivity plc | -0.5% | -7.25% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，First Pacific Advisors, LP 在 Q1 2026 季度的美股持倉總市值約為 US$80.9億，共申報了 85 個公開持股部位。
在 Q1 2026 季度，First Pacific Advisors, LP 按市值排列的前三大核心持股分別為：ADI (7.7%)、GOOGL (6.8%)、IFF (5.5%)。其中最大持股部位 ADI 佔據整體投資組合約 7.7% 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
BAX
市值: US$1.1億
本季最大獲利了結 / 清倉標的
CHTR
前期市值: US$9634.3萬
在 Q1 2026 季度中，First Pacific Advisors, LP 共進行了 78 項持倉異動，包含新建倉 27 個部位、加碼 22 個部位、減碼 24 個部位以及清倉 5 個部位。 其中最大新建倉標的為 BAX。 本季清倉部位包含 CHTR。
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。