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: 0001569688
申報總市值
US$4.0億
US$4.0億
112 檔
16.6%
Q1 2026 季度申報顯示，Kerrisdale Advisers, LLC 揭露的美股組合總市值為 US$4.0億，涵蓋 112 個不同之權益投資部位。
觀察 Q1 2026 的申報異動，Kerrisdale Advisers, LLC 採取了強勁的買進策略，建倉與加碼動作（合計 69 筆）涵蓋多個核心板塊，展現機構對特定產業前景之樂觀態度。
檢視投資組合結構，前 5 大主力部位（包含 V, MELI, TDS）占據了總市值的 16.6%，展現出該機構在 Q1 2026 的重點資金聚焦與風險分佈特徵。
| # | 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 | V | Visa Inc-class A Shares | 股票-金融 | 5.76% | -1.46% | +26.75% | |
| 2 | MELI | Mercadolibre Inc | 股票-循環性消費 | 5.74% | -2.03% | +1.87% | |
| 3 | TDS | Telephone And Data Systems | 股票-通訊服務 | 4.77% | -3.25% | -41.12% | |
| 4 | AMZN | Amazon.com Inc | 股票-循環性消費 | 4.66% | -1.32% | +42.00% | |
| 5 | MRVL | Marvell Technology Inc | 股票-科技 | 4.29% | -3.87% | — | |
| 6 | ACMR | Acm Research Inc-class A | 股票-其他 | 3.35% | -1.36% | -15.08% | |
| 7 | SHC | Sotera Health Co | 股票-其他 | 3.32% | -0.66% | +9.13% | |
| 8 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 3.22% | -0.95% | — | |
| 9 | ADTN | Adtran Holdings Inc | 股票-其他 | 2.64% | -2.39% | — | |
| 10 | SWKS | Skyworks Solutions Inc | 股票-科技 | 2.59% | -0.50% | — | |
| 11 | LGN | Legence Corp-cl A | 股票-其他 | 2.28% | -2.03% | +72.24% | |
| 12 | SYY | Sysco CORP | 股票-非循環性消費 | 2.27% | -0.52% | -60.48% | |
| 13 | UHAL-B | U-haul Holding Co-non Voting | 股票-其他 | 2.16% | -0.32% | +130.32% | |
| 14 | LRN | Stride Inc | 股票-非循環性消費 | 1.92% | -1.29% | -4.21% | |
| 15 | POOL | Pool CORP | 股票-工業 | 1.86% | -0.04% | — | |
| 16 | UNP | Union Pacific CORP | 股票-工業 | 1.85% | -0.56% | +22.38% | |
| 17 | MSFT | Microsoft CORP | 股票-科技 | 1.74% | -0.99% | +2080.25% | |
| 18 | SNPS | Synopsys Inc | 股票-科技 | 1.54% | -0.71% | +21.71% | |
| 19 | DV | Doubleverify Holdings Inc | 股票-其他 | 1.44% | -0.36% | — | |
| 20 | ZM | Zoom Communications Inc | 股票-科技 | 1.43% | -0.74% | +23.41% | |
| 21 | CNQ | Canadian Natural Resources | 股票-能源 | 1.36% | -1.09% | — | |
| 22 | APPF | Appfolio Inc - A | 股票-科技 | 1.34% | -0.78% | +39.51% | |
| 23 | CART | Maplebear Inc | 股票-循環性消費 | 1.34% | -0.57% | +28.72% | |
| 24 | AMRZ | Amrize Ltd | 股票-原物料 | 1.32% | -0.46% | +31.18% | |
| 25 | KVUE | Kenvue Inc | 股票-非循環性消費 | 1.12% | -0.30% | -50.32% | |
| 26 | CVE | Cenovus Energy Inc | 股票-能源 | 1.12% | -0.24% | — | |
| 27 | CIB | Grupo Cibest Sa-adr | 股票-其他 | 1.10% | -0.43% | -56.43% | |
| 28 | CPNG | Coupang Inc | 股票-循環性消費 | 1.08% | -0.89% | +37.77% | |
| 29 | INTC | Intel CORP | 股票-科技 | 1.03% | -1.03% | EXIT | |
| 30 | IPGP | Ipg Photonics CORP | 股票-科技 | 1.02% | +0.20% | — | |
| 31 | DEO | Diageo Plc-sponsored Adr | 股票-非循環性消費 | 0.97% | -0.28% | +9.96% | |
| 32 | ETN | Eaton Corporation plc | 股票-工業 | 0.96% | -0.13% | +47.53% | |
| 33 | DAVA | Endava Plc- Spon Adr | 股票-其他 | 0.95% | -0.55% | — | |
| 34 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 0.91% | -0.38% | +51.84% | |
| 35 | PBR | Petroleo Brasileiro-spon Adr | 股票-能源 | 0.88% | -0.43% | — | |
| 36 | ON | On Semiconductor | 股票-科技 | 0.88% | -0.53% | — | |
| 37 | RRX | Regal Rexnord CORP | 股票-工業 | 0.87% | +26.77% | — | |
| 38 | NOK | Nokia Corp-spon Adr | 股票-科技 | 0.87% | -0.23% | — | |
| 39 | MSGE | Madison Square Garden Entert | 股票-其他 | 0.70% | -0.58% | -27.69% | |
| 40 | ICLR | ICON Public Limited Company | 股票-醫療保健 | 0.66% | -0.66% | EXIT | |
| 41 | WAB | Wabtec CORP | 股票-工業 | 0.66% | -0.23% | — | |
| 42 | ADEA | Adeia Inc | 股票-其他 | 0.65% | -0.01% | — | |
| 43 | PYPL | Paypal Holdings Inc | 股票-金融 | 0.63% | -0.26% | — | |
| 44 | ATKR | Atkore Inc | 股票-其他 | 0.63% | -0.25% | — | |
| 45 | JOE | St Joe Co/the | 股票-其他 | 0.57% | -0.25% | — | |
| 46 | GTLB | Gitlab Inc-cl A | 股票-科技 | 0.57% | -0.27% | +168.56% | |
| 47 | UBER | Uber Technologies Inc | 股票-工業 | 0.52% | -0.18% | — | |
| 48 | WHD | Cactus Inc - A | 股票-其他 | 0.50% | -0.07% | — | |
| 49 | BAC | Bank Of America CORP | 股票-金融 | 0.50% | -0.12% | — | |
| 50 | SNAP | Snap Inc - A | 股票-通訊服務 | 0.50% | -0.24% | +627.39% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | MSFT | Microsoft CORP | +1.6% | +2080.25% | 加碼 |
| 2 | LGN | Legence Corp-cl A | +1% | +72.24% | 加碼 |
| 3 | UHAL-B | U-haul Holding Co-non Voting | +0.9% | +130.32% | 加碼 |
| 4 | SNAP | Snap Inc - A | +0.4% | +627.39% | 加碼 |
| 5 | PBR | Petroleo Brasileiro-spon Adr | +0.3% | — | 不變 |
| 6 | ETN | Eaton Corporation plc | +0.2% | +47.53% | 加碼 |
| 7 | GFF | Griffon CORP | +0.2% | +133.01% | 加碼 |
| 8 | AMZN | Amazon.com Inc | +0.2% | +42.00% | 加碼 |
| 9 | CC | Chemours Co/the | +0.2% | — | 不變 |
| 10 | RICK | Rci Hospitality Holdings Inc | +0.1% | +194.53% | 加碼 |
| 11 | AMRZ | Amrize Ltd | +0.1% | +31.18% | 加碼 |
| 12 | GTLB | Gitlab Inc-cl A | +0.1% | +168.56% | 加碼 |
| 13 | LRN | Stride Inc | +0.1% | -4.21% | 減碼 |
| 14 | EC | Ecopetrol Sa-sponsored Adr | +0.1% | — | 不變 |
| 15 | UNP | Union Pacific CORP | +0.1% | +22.38% | 加碼 |
| 16 | OBE | Obsidian Energy LTD | +0.1% | — | 不變 |
| 17 | OXY | Occidental Petroleum CORP | 0% | — | 不變 |
| 18 | PRTSEUR | Carparts.com Inc | 0% | — | 不變 |
| 19 | DNN | Denison Mines CORP | 0% | — | 不變 |
| 20 | UNH | Unitedhealth Group Inc | — | +51.84% | 加碼 |
| 21 | BAH | Booz Allen Hamilton Holdings | 0% | +31.42% | 加碼 |
| 22 | AVAL | Grupo Aval Acciones y Valores S.A. | 0% | — | 不變 |
| 23 | BOOM | Dmc Global Inc | 0% | — | 不變 |
| 24 | SSTK | Shutterstock Inc | 0% | — | 不變 |
| 25 | RCMT | Rcm Technologies Inc | 0% | — | 不變 |
| 26 | WAB | Wabtec CORP | 0% | — | 不變 |
| 27 | TENB | Tenable Holdings Inc | -0.1% | — | 不變 |
| 28 | CRON | Cronos Group Inc | -0.1% | — | 不變 |
| 29 | HDSN | Hudson Technologies Inc | -0.1% | — | 不變 |
| 30 | ON | On Semiconductor | -0.1% | — | 不變 |
| 31 | UHAL | U-haul Holding Co | -0.1% | — | 不變 |
| 32 | FISV | Fiserv Inc | -0.1% | — | 不變 |
| 33 | KFY | Korn Ferry | -0.1% | -1.91% | 減碼 |
| 34 | PMTS | Cpi Card Group Inc | -0.1% | — | 不變 |
| 35 | LQDA | Liquidia CORP | -0.1% | -31.75% | 減碼 |
| 36 | NXE | Nexgen Energy LTD | -0.1% | -40.68% | 減碼 |
| 37 | RDDT | Reddit Inc-cl A | -0.1% | — | 不變 |
| 38 | JOE | St Joe Co/the | -0.1% | — | 不變 |
| 39 | ZM | Zoom Communications Inc | -0.1% | +23.41% | 加碼 |
| 40 | CCJ | Cameco CORP | -0.1% | -21.96% | 減碼 |
| 41 | KSPI | Jsc Kaspi.kz Adr | -0.1% | — | 不變 |
| 42 | HSIC | Henry Schein Inc | -0.1% | — | 不變 |
| 43 | CPNG | Coupang Inc | -0.1% | +37.77% | 加碼 |
| 44 | PERI | Perion Network Ltd. | -0.2% | -34.66% | 減碼 |
| 45 | CART | Maplebear Inc | -0.2% | +28.72% | 加碼 |
| 46 | ATKR | Atkore Inc | -0.2% | — | 不變 |
| 47 | CRL | Charles River Laboratories | -0.2% | -33.75% | 減碼 |
| 48 | DEO | Diageo Plc-sponsored Adr | -0.3% | +9.96% | 加碼 |
| 49 | SNPS | Synopsys Inc | -0.3% | +21.71% | 加碼 |
| 50 | FOXF | Fox Factory Holding CORP | -0.4% | -38.34% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Kerrisdale Advisers, LLC 在 Q1 2026 季度的美股持倉總市值約為 US$4.0億，共申報了 112 個公開持股部位。
在 Q1 2026 季度，Kerrisdale Advisers, LLC 按市值排列的前三大核心持股分別為：V (5.8%)、MELI (5.7%)、TDS (4.8%)。其中最大持股部位 V 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
MRVL
市值: US$1127.7萬
本季最大獲利了結 / 清倉標的
GTM
前期市值: US$354.4萬
在 Q1 2026 季度中，Kerrisdale Advisers, LLC 共進行了 97 項持倉異動，包含新建倉 47 個部位、加碼 22 個部位、減碼 17 個部位以及清倉 11 個部位。 其中最大新建倉標的為 MRVL。 本季清倉部位包含 GTM。
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。