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: 0002021658
申報總市值
US$4.7億
US$4.7億
795 檔
17.4%
Q1 2026 季度申報顯示，Hilltop National Bank 揭露的美股組合總市值為 US$4.7億，涵蓋 795 個不同之權益投資部位。
Q1 2026 的申報記錄反映 Hilltop National Bank 的板塊替換策略：機構本季推動了 98 筆增持與 85 筆減持，籌碼呈現明顯的結構重組。
檢視投資組合結構，前 5 大主力部位（包含 MSFT, EFA, INFL）占據了總市值的 17.4%，展現出該機構在 Q1 2026 的重點資金聚焦與風險分佈特徵。
僅顯示前 200 大持股（共 795 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 | MSFT | Microsoft CORP | 股票-科技 | 5.76% | -0.54% | -0.54% | |
| 2 | EFA | Ishares Msci Eafe ETF | ETF-其他 | 4.23% | -0.12% | +11.76% | |
| 3 | INFL | Horizon Kinetics Infl Benef | ETF-其他 | 3.47% | -0.48% | +12.53% | |
| 4 | VOO | Vanguard S&p 500 ETF | ETF-大型股與成長 | 3.20% | +0.12% | +7.40% | |
| 5 | NVDA | Nvidia CORP | 股票-科技 | 2.74% | +0.03% | -1.19% | |
| 6 | AAPL | Apple Inc | 股票-科技 | 2.54% | — | +0.56% | |
| 7 | IVV | Ishares Core S&p 500 ETF | ETF-大型股與成長 | 2.16% | +0.03% | -0.25% | |
| 8 | RSP | Invesco S&p 500 Equal Weight | ETF-大型股與成長 | 1.74% | -0.01% | +79.84% | |
| 9 | VOE | Vanguard Mid-cap Value ETF | ETF-其他 | 1.73% | -0.09% | -1.71% | |
| 10 | IAU | Ishares Gold Trust | ETF-避險與商品 | 1.58% | -0.39% | +0.98% | |
| 11 | XOM | Exxon Mobil CORP | 股票-能源 | 1.47% | -0.46% | +0.98% | |
| 12 | VWO | Vanguard Ftse Emerging Marke | ETF-新興市場 | 1.43% | +0.04% | -2.79% | |
| 13 | IJH | Ishares Core S&p Midcap ETF | ETF-其他 | 1.34% | +0.05% | -1.92% | |
| 14 | IWP | Ishares Russell Mid-cap Grow | ETF-其他 | 1.33% | +0.02% | +0.53% | |
| 15 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 1.33% | -0.11% | +0.88% | |
| 16 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 1.24% | +0.30% | -1.55% | |
| 17 | LLY | Eli Lilly & Co | 股票-醫療保健 | 1.17% | +0.17% | +0.23% | |
| 18 | VBR | Vanguard Small-cap Value ETF | ETF-其他 | 1.06% | +0.01% | +2.54% | |
| 19 | VBK | Vanguard Small-cap Grwth ETF | ETF-其他 | 0.92% | +0.09% | +3.21% | |
| 20 | AVGO | Broadcom Inc | 股票-科技 | 0.91% | +0.09% | -7.63% | |
| 21 | ANET | Arista Networks Inc | 股票-科技 | 0.86% | +0.19% | -4.06% | |
| 22 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.86% | -0.14% | -1.90% | |
| 23 | BRK-A | Berkshire Hathaway Inc-cl A | 股票-其他 | 0.85% | -0.05% | — | |
| 24 | PWR | Quanta Services Inc | 股票-工業 | 0.85% | +0.14% | -4.62% | |
| 25 | NFLX | Netflix Inc | 股票-通訊服務 | 0.84% | -0.29% | -3.20% | |
| 26 | WMT | Walmart Inc | 股票-非循環性消費 | 0.82% | -0.15% | +1.29% | |
| 27 | IVW | Ishares S&p 500 Growth ETF | ETF-大型股與成長 | 0.80% | +0.02% | -1.46% | |
| 28 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 0.79% | +0.11% | -0.43% | |
| 29 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.78% | +0.02% | +0.07% | |
| 30 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 0.77% | +0.04% | +15.98% | |
| 31 | VTV | Vanguard Value ETF | ETF-其他 | 0.75% | — | +0.32% | |
| 32 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.75% | -0.08% | -1.23% | |
| 33 | GLW | Corning Inc | 股票-科技 | 0.66% | +0.42% | -3.70% | |
| 34 | SO | Southern Co/the | 股票-公用事業 | 0.65% | -0.07% | -2.56% | |
| 35 | STX | Seagate Technology Holdings plc | 股票-科技 | 0.62% | +0.63% | -25.15% | |
| 36 | TT | Trane Technologies plc | 股票-工業 | 0.62% | +0.03% | -0.92% | |
| 37 | PEP | Pepsico Inc | 股票-非循環性消費 | 0.61% | -0.14% | -1.46% | |
| 38 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.61% | -0.10% | +3.24% | |
| 39 | AMGN | Amgen Inc | 股票-醫療保健 | 0.57% | -0.35% | -0.35% | |
| 40 | AXP | American Express Co | 股票-金融 | 0.56% | -0.01% | -0.61% | |
| 41 | BX | Blackstone Inc | 股票-金融 | 0.54% | -0.05% | +36.97% | |
| 42 | AMP | Ameriprise Financial Inc | 股票-金融 | 0.53% | -0.05% | -3.06% | |
| 43 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 0.51% | +0.04% | +0.56% | |
| 44 | IBM | Intl Business Machines CORP | 股票-科技 | 0.51% | +0.02% | +0.09% | |
| 45 | SHEL | Shell Plc-adr | 股票-能源 | 0.51% | -0.13% | +0.25% | |
| 46 | PSX | Phillips 66 | 股票-能源 | 0.51% | -0.09% | -0.36% | |
| 47 | EEMV | Ishares Msci Emg Mkt Min Vol | ETF-其他 | 0.50% | -0.07% | -5.31% | |
| 48 | MRVL | Marvell Technology Inc | 股票-科技 | 0.50% | +0.86% | +1.11% | |
| 49 | CAT | Caterpillar Inc | 股票-工業 | 0.49% | +0.18% | -0.03% | |
| 50 | IJR | Ishares Core S&p Small-cap E | ETF-中小型股 | 0.48% | +0.01% | -5.45% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | INFL | Horizon Kinetics Infl Benef | +0.8% | +12.53% | 加碼 |
| 2 | RSP | Invesco S&p 500 Equal Weight | +0.8% | +79.84% | 加碼 |
| 3 | EFA | Ishares Msci Eafe ETF | +0.4% | +11.76% | 加碼 |
| 4 | XOM | Exxon Mobil CORP | +0.4% | +0.98% | 加碼 |
| 5 | HLT | Hilton Worldwide Holdings In | +0.3% | +11920.59% | 加碼 |
| 6 | LHX | L3harris Technologies Inc | +0.3% | +488.25% | 加碼 |
| 7 | GLW | Corning Inc | +0.2% | -3.70% | 減碼 |
| 8 | F | Ford Motor Co | +0.2% | +1012.14% | 加碼 |
| 9 | PWR | Quanta Services Inc | +0.2% | -4.62% | 減碼 |
| 10 | PSX | Phillips 66 | +0.1% | -0.36% | 減碼 |
| 11 | BAC | Bank Of America CORP | +0.1% | +101.55% | 加碼 |
| 12 | IAU | Ishares Gold Trust | +0.1% | +0.98% | 加碼 |
| 13 | CVX | Chevron CORP | +0.1% | +1.79% | 加碼 |
| 14 | VZ | Verizon Communications Inc | +0.1% | +38.43% | 加碼 |
| 15 | OXY | Occidental Petroleum CORP | +0.1% | +4.03% | 加碼 |
| 16 | SHEL | Shell Plc-adr | +0.1% | +0.25% | 加碼 |
| 17 | JNJ | Johnson & Johnson | +0.1% | -1.23% | 減碼 |
| 18 | TSM | Taiwan Semiconductor-sp Adr | +0.1% | -1.55% | 減碼 |
| 19 | COST | Costco Wholesale CORP | +0.1% | -1.90% | 減碼 |
| 20 | CAT | Caterpillar Inc | +0.1% | -0.03% | 減碼 |
| 21 | WMT | Walmart Inc | +0.1% | +1.29% | 加碼 |
| 22 | COP | Conocophillips | +0.1% | -8.53% | 減碼 |
| 23 | CW | Curtiss-wright CORP | +0.1% | +90.40% | 加碼 |
| 24 | MRVL | Marvell Technology Inc | +0.1% | +1.11% | 加碼 |
| 25 | TXN | Texas Instruments Inc | +0.1% | +11.12% | 加碼 |
| 26 | SPY | Ss Spdr S&p 500 ETF Trust-us | +0.1% | +15.98% | 加碼 |
| 27 | DELL | Dell Technologies -c | +0.1% | +3.05% | 加碼 |
| 28 | OKE | Oneok Inc | +0.1% | — | 不變 |
| 29 | TSLA | Tesla Inc | +0.1% | +100.23% | 加碼 |
| 30 | MRK | Merck & Co. Inc. | +0.1% | +7.65% | 加碼 |
| 31 | NVS | Novartis Ag-sponsored Adr | +0.1% | +390.00% | 加碼 |
| 32 | DE | Deere & Co | +0.1% | -3.49% | 減碼 |
| 33 | CSX | Csx CORP | +0.1% | +0.79% | 加碼 |
| 34 | EPD | Enterprise Products Partners | +0.1% | +3.88% | 加碼 |
| 35 | KR | Kroger Co | +0.1% | +0.84% | 加碼 |
| 36 | VET | Vermilion Energy Inc | +0.1% | +3.15% | 加碼 |
| 37 | HON | Honeywell International Inc | 0% | +0.05% | 加碼 |
| 38 | LMT | Lockheed Martin CORP | 0% | +0.06% | 加碼 |
| 39 | ASML | ASML Holding N.V. | 0% | — | 不變 |
| 40 | RTX | Rtx CORP | 0% | +29.83% | 加碼 |
| 41 | MU | Micron Technology Inc | 0% | +0.78% | 加碼 |
| 42 | DVN | Devon Energy CORP | 0% | — | 不變 |
| 43 | DGX | Quest Diagnostics Inc | 0% | +0.66% | 加碼 |
| 44 | CL | Colgate-palmolive Co | 0% | +139.99% | 加碼 |
| 45 | MPC | Marathon Petroleum CORP | 0% | +32.27% | 加碼 |
| 46 | SLB | Slb LTD | 0% | +29.24% | 加碼 |
| 47 | VBR | Vanguard Small-cap Value ETF | 0% | +2.54% | 加碼 |
| 48 | SO | Southern Co/the | 0% | -2.56% | 減碼 |
| 49 | AMGN | Amgen Inc | 0% | -0.35% | 減碼 |
| 50 | PEP | Pepsico Inc | 0% | -1.46% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Hilltop National Bank 在 Q1 2026 季度的美股持倉總市值約為 US$4.7億，共申報了 795 個公開持股部位。
在 Q1 2026 季度，Hilltop National Bank 按市值排列的前三大核心持股分別為：MSFT (5.8%)、EFA (4.2%)、INFL (3.5%)。其中最大持股部位 MSFT 佔據整體投資組合約 5.8% 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
BUD
市值: US$99.1萬
本季最大獲利了結 / 清倉標的
AZNN
前期市值: US$112.0萬
在 Q1 2026 季度中，Hilltop National Bank 共進行了 183 項持倉異動，包含新建倉 17 個部位、加碼 81 個部位、減碼 74 個部位以及清倉 11 個部位。 其中最大新建倉標的為 BUD。 本季清倉部位包含 AZNN。
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。