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: 0001315421
申報總市值
US$55.0億
US$55.0億
1093 檔
18.8%
在 Q1 2026 申報期間，Graham Capital Management, L.P.（CIK: 0001315421）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$55.0億，共持有 1093 個公開申報部位。
在 Q1 2026 期間，Graham Capital Management, L.P. 展現了靈活的資產再平衡步調，透過出清 42 檔弱勢或達到目標價部位，將資金轉置於 57 檔新建倉標的之中。
在資產配置集中度方面，Graham Capital Management, L.P. 的前 5 大核心持股（包含 IWM, GDX, HYG 等）合計佔整體申報市值的 18.8%，反映機構在主要關鍵部位上的權重分佈。
僅顯示前 200 大持股（共 1093 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 | IWM | Ishares Russell 2000 ETF | ETF-中小型股 | 9.08% | +8.42% | — | |
| 2 | GDX | Vaneck Gold Miners ETF | ETF-避險與商品 | 5.39% | -1.89% | +9620.00% | |
| 3 | HYG | Ishr Ibx Usd Hiyld Cb Etf-ui | ETF-非投資等級債 | 5.11% | -4.41% | +517.95% | |
| 4 | IBIT | Ishares Bitcoin Trust ETF | ETF-加密貨幣 | 3.02% | -1.81% | -12.26% | |
| 5 | APLD 2.75 06-01-30債券 | Applied Digital CORP | 債券 | 2.33% | -0.56% | -42.99% | |
| 6 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.11% | -0.73% | +69.65% | |
| 7 | GPRE 5.25 11-01-30 UNRS債券 | Green Plains Inc | 債券 | 1.98% | -0.56% | — | |
| 8 | CLMT | Calumet Inc | 股票-其他 | 1.49% | -0.37% | -34.35% | |
| 9 | RUN 4 03-01-30債券 | Sunrun Inc | 債券 | 1.47% | -0.37% | -3.78% | |
| 10 | TLRY 5.2 06-15-27債券 | Tilray Brands Inc | 債券 | 1.44% | -0.58% | -0.84% | |
| 11 | PCT 7.25 08-15-30債券 | Purecycle Technologies | 債券 | 1.44% | -1.44% | EXIT | |
| 12 | RIVN 3.625 10-15-30債券 | Rivian Auto Inc | 債券 | 1.39% | -0.22% | — | |
| 13 | GRPN 4.875 06-30-30 UNRS債券 | Groupon Inc | 債券 | 1.31% | +0.03% | — | |
| 14 | NVDA | Nvidia CORP | 股票-科技 | 1.28% | +0.26% | +36.71% | |
| 15 | REAL 4 02-15-31債券 | THE Realreal Inc | 債券 | 1.20% | -0.14% | +16.56% | |
| 16 | CRM | Salesforce Inc | 股票-科技 | 1.15% | -0.96% | +204.82% | |
| 17 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 1.14% | -0.06% | +103.63% | |
| 18 | EWY | Ishares Msci South Korea ETF | ETF-其他 | 1.08% | -0.54% | — | |
| 19 | C | Citigroup Inc | 股票-金融 | 1.07% | -0.20% | +61.43% | |
| 20 | METC 0 11-01-31債券 | Ramaco Resources Inc | 債券 | 1.04% | -0.28% | +19.03% | |
| 21 | FBTC | Fidelity Wise Origin Bitcoin | ETF-加密貨幣 | 0.99% | -0.34% | -40.33% | |
| 22 | BBIO 2.5 03-15-27債券 | Bridgebio Pharma Inc | 債券 | 0.97% | -0.25% | — | |
| 23 | GME | Gamestop Corp-class A | 股票-循環性消費 | 0.93% | -0.25% | -1.61% | |
| 24 | LCID | Lucid Group Inc | 股票-循環性消費 | 0.83% | -0.79% | +956.01% | |
| 25 | RSP | Invesco S&p 500 Equal Weight | ETF-大型股與成長 | 0.83% | -0.42% | +205.90% | |
| 26 | NFLX | Netflix Inc | 股票-通訊服務 | 0.81% | -0.80% | -11.94% | |
| 27 | XLF | Ss Financial Select Sector | ETF-其他 | 0.79% | -0.79% | EXIT | |
| 28 | CLSK 0 06-15-30債券 | Cleanspark Inc | 債券 | 0.69% | +0.01% | -14.48% | |
| 29 | CIFR | Cipher Digital Inc | 股票-科技 | 0.68% | -0.01% | -3.52% | |
| 30 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.63% | -0.12% | -38.94% | |
| 31 | BA | Boeing Co/the | 股票-工業 | 0.59% | -0.17% | +3.81% | |
| 32 | EMBJ | Embraer Sa-spon Adr | 股票-工業 | 0.58% | +0.01% | +63.75% | |
| 33 | CME | Cme Group Inc | 股票-金融 | 0.56% | -0.22% | -2.79% | |
| 34 | MU | Micron Technology Inc | 股票-科技 | 0.53% | — | -32.50% | |
| 35 | INTC | Intel CORP | 股票-科技 | 0.53% | -0.09% | +35.04% | |
| 36 | TVTX 2.25 03-01-29債券 | Travere Therapeutics Inc | 債券 | 0.52% | -0.52% | EXIT | |
| 37 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.50% | -0.38% | +78.59% | |
| 38 | FSLR | First Solar Inc | 股票-科技 | 0.47% | -0.04% | +1.27% | |
| 39 | GPRE 2.25 03-15-27債券 | Green Plains Inc | 債券 | 0.47% | -0.04% | +213.01% | |
| 40 | EWW | Ishares Msci Mexico ETF | ETF-其他 | 0.45% | -0.12% | +350.74% | |
| 41 | TLT | Ishares 20+ Year Treasury Bd | ETF-政府公債 | 0.44% | -0.21% | -56.56% | |
| 42 | OKTA | Okta Inc | 股票-科技 | 0.44% | -0.06% | — | |
| 43 | EWZ | Ishares Msci Brazil ETF | ETF-其他 | 0.43% | -0.11% | +894.63% | |
| 44 | PCT | Purecycle Technologies Inc | 股票-其他 | 0.42% | -0.32% | +28.97% | |
| 45 | NVAX | Novavax Inc | 股票-醫療保健 | 0.41% | -0.05% | -18.10% | |
| 46 | V | Visa Inc-class A Shares | 股票-金融 | 0.40% | -0.30% | +96.23% | |
| 47 | SEI 0.25 10-01-31債券 | Solaris Energy Infrastru | 債券 | 0.40% | -0.40% | EXIT | |
| 48 | EEM | Ishares Msci Emerging Market | ETF-新興市場 | 0.40% | -0.32% | — | |
| 49 | BE | Bloom Energy Corp- A | 股票-工業 | 0.38% | -0.34% | — | |
| 50 | SPOT | Spotify Technology S.A. | 股票-通訊服務 | 0.38% | -0.36% | +524.66% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | GDX | Vaneck Gold Miners ETF | +5.3% | +9620.00% | 加碼 |
| 2 | HYG | Ishr Ibx Usd Hiyld Cb Etf-ui | +4.3% | +517.95% | 加碼 |
| 3 | AMZN | Amazon.com Inc | +0.8% | +69.65% | 加碼 |
| 4 | LCID | Lucid Group Inc | +0.7% | +956.01% | 加碼 |
| 5 | CRM | Salesforce Inc | +0.6% | +204.82% | 加碼 |
| 6 | RSP | Invesco S&p 500 Equal Weight | +0.6% | +205.90% | 加碼 |
| 7 | GOOG | Alphabet Inc-cl C | +0.5% | +103.63% | 加碼 |
| 8 | GPRE 5.25 11-01-30 UNRS債券 | Green Plains Inc | +0.5% | — | 不變 |
| 9 | C | Citigroup Inc | +0.4% | +61.43% | 加碼 |
| 10 | EWZ | Ishares Msci Brazil ETF | +0.4% | +894.63% | 加碼 |
| 11 | EWW | Ishares Msci Mexico ETF | +0.4% | +350.74% | 加碼 |
| 12 | GPRE 2.25 03-15-27債券 | Green Plains Inc | +0.3% | +213.01% | 加碼 |
| 13 | NET | Cloudflare Inc - Class A | +0.3% | +1356.11% | 加碼 |
| 14 | SPOT | Spotify Technology S.A. | +0.3% | +524.66% | 加碼 |
| 15 | NVDA | Nvidia CORP | +0.3% | +36.71% | 加碼 |
| 16 | ORLY | O'reilly Automotive Inc | +0.3% | +976.55% | 加碼 |
| 17 | CLMT | Calumet Inc | +0.3% | -34.35% | 減碼 |
| 18 | PG | Procter & Gamble Co/the | +0.2% | +78.59% | 加碼 |
| 19 | INTC | Intel CORP | +0.2% | +35.04% | 加碼 |
| 20 | EMBJ | Embraer Sa-spon Adr | +0.2% | +63.75% | 加碼 |
| 21 | MET | Metlife Inc | +0.2% | +149.25% | 加碼 |
| 22 | ADI | Analog Devices Inc | +0.2% | +2388.05% | 加碼 |
| 23 | V | Visa Inc-class A Shares | +0.2% | +96.23% | 加碼 |
| 24 | CFG | Citizens Financial Group | +0.2% | +266.38% | 加碼 |
| 25 | D | Dominion Energy Inc | +0.1% | +602.14% | 加碼 |
| 26 | PEG | Public Service Enterprise Gp | +0.1% | +248.63% | 加碼 |
| 27 | DDOG | Datadog Inc - Class A | +0.1% | +543.57% | 加碼 |
| 28 | BBAI | Bigbear.ai Holdings Inc | +0.1% | +784.30% | 加碼 |
| 29 | PR | Permian Resources Corp-cl A | +0.1% | +2345.55% | 加碼 |
| 30 | MDB | Mongodb Inc | +0.1% | +408.54% | 加碼 |
| 31 | FE | Firstenergy CORP | +0.1% | +2101.74% | 加碼 |
| 32 | VRSN | Verisign Inc | +0.1% | +529.98% | 加碼 |
| 33 | DHI | Dr Horton Inc | +0.1% | +512.72% | 加碼 |
| 34 | CNQ | Canadian Natural Resources | +0.1% | +325.11% | 加碼 |
| 35 | ADP | Automatic Data Processing | +0.1% | +85.88% | 加碼 |
| 36 | FAST | Fastenal Co | +0.1% | +191.41% | 加碼 |
| 37 | GME | Gamestop Corp-class A | +0.1% | -1.61% | 減碼 |
| 38 | DAL | Delta Air Lines Inc | +0.1% | +650.00% | 加碼 |
| 39 | ED | Consolidated Edison Inc | +0.1% | +95.93% | 加碼 |
| 40 | JNJ | Johnson & Johnson | +0.1% | +207.23% | 加碼 |
| 41 | NVR | Nvr Inc | +0.1% | +181.55% | 加碼 |
| 42 | EPRT | Essential Properties Realty | +0.1% | +171.79% | 加碼 |
| 43 | CHD | Church & Dwight Co Inc | +0.1% | +1147.13% | 加碼 |
| 44 | GPRE 5.25 11-01-30 144A債券 | Green Plains Inc | +0.1% | — | 不變 |
| 45 | A | Agilent Technologies Inc | +0.1% | +277.92% | 加碼 |
| 46 | METC 0 11-01-31債券 | Ramaco Resources Inc | +0.1% | +19.03% | 加碼 |
| 47 | IEX | Idex CORP | +0.1% | +27.19% | 加碼 |
| 48 | CRI | Carter's Inc | +0.1% | +975.06% | 加碼 |
| 49 | BRX | Brixmor Property Group Inc | +0.1% | +64.31% | 加碼 |
| 50 | NFLX | Netflix Inc | -0.1% | -11.94% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Graham Capital Management, L.P. 在 Q1 2026 季度的美股持倉總市值約為 US$55.0億，共申報了 1093 個公開持股部位。
在 Q1 2026 季度，Graham Capital Management, L.P. 按市值排列的前三大核心持股分別為：IWM (9.1%)、GDX (5.4%)、HYG (5.1%)。其中最大持股部位 IWM 佔據整體投資組合約 9.1% 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
IWM
市值: US$3.8億
本季最大獲利了結 / 清倉標的
EWC
前期市值: US$4351.3萬
在 Q1 2026 季度中，Graham Capital Management, L.P. 共進行了 195 項持倉異動，包含新建倉 57 個部位、加碼 49 個部位、減碼 47 個部位以及清倉 42 個部位。 其中最大新建倉標的為 IWM。 本季清倉部位包含 EWC。
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。