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: 0001424381
申報總市值
US$19.4億
US$19.4億
68 檔
21.2%
根據最新整理的 13F 季度數據集，Lakewood Capital Management, LP 於 Q1 2026 結束時的管理資產規模為 US$19.4億。該機構在本季度申報了 68 檔美股持倉，呈現出該時期的主要投資地圖。
在 Q1 2026，Lakewood Capital Management, LP 操作展現出積極擴展與加碼意向。本季共新建倉 18 個新部位，並對 22 個既有持股進行加碼（合計增持 40 檔），相較減碼與清倉部位顯著佔優。
整體而言，Lakewood Capital Management, LP 的前 5 大持股（包含 CI, ICLR, AXTA）貢獻了組合市值的 21.2%，形成該機構在 Q1 2026 季度的基本面基石。
| # | 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 | CI | THE Cigna Group | 股票-醫療保健 | 7.18% | -1.10% | +5.18% | |
| 2 | ICLR | ICON Public Limited Company | 股票-醫療保健 | 5.23% | +0.01% | +124.87% | |
| 3 | AXTA | Axalta Coating Systems Ltd. | 股票-原物料 | 5.07% | +0.97% | +50.06% | |
| 4 | GPI | Group 1 Automotive Inc | 股票-循環性消費 | 4.45% | -0.74% | +91.48% | |
| 5 | ALLY | Ally Financial Inc | 股票-金融 | 4.10% | +0.06% | +59.41% | |
| 6 | SSNC | Ss&c Technologies Holdings | 股票-科技 | 4.04% | -0.79% | +15.63% | |
| 7 | SHC | Sotera Health Co | 股票-其他 | 3.72% | -0.08% | +20.74% | |
| 8 | VTRS | Viatris Inc | 股票-醫療保健 | 3.13% | -0.07% | +118.34% | |
| 9 | AMRZ | Amrize Ltd | 股票-原物料 | 2.88% | -0.44% | +16.45% | |
| 10 | BC | Brunswick CORP | 股票-循環性消費 | 2.70% | -0.70% | -24.54% | |
| 11 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 2.56% | +0.81% | +27.51% | |
| 12 | TFSL | Tfs Financial CORP | 股票-其他 | 2.52% | -0.63% | +3.09% | |
| 13 | IQV | Iqvia Holdings Inc | 股票-醫療保健 | 2.50% | +0.66% | +48.03% | |
| 14 | FAF | First American Financial | 股票-金融 | 2.45% | +0.15% | -24.59% | |
| 15 | ARW | Arrow Electronics Inc | 股票-科技 | 2.31% | -0.37% | -51.21% | |
| 16 | MSFT | Microsoft CORP | 股票-科技 | 2.26% | -0.31% | — | |
| 17 | UNP | Union Pacific CORP | 股票-工業 | 2.10% | -0.68% | -13.15% | |
| 18 | ELV | Elevance Health Inc | 股票-醫療保健 | 2.08% | -0.90% | -7.80% | |
| 19 | AL | Air Lease CORP | 股票-其他 | 1.99% | -1.99% | EXIT | |
| 20 | WEX | Wex Inc | 股票-科技 | 1.94% | -0.48% | -11.84% | |
| 21 | CDW | Cdw Corp/de | 股票-科技 | 1.92% | +1.58% | — | |
| 22 | UNFI | United Natural Foods Inc | 股票-非循環性消費 | 1.86% | -1.04% | +19.09% | |
| 23 | SW | Smurfit Westrock Plc | 股票-循環性消費 | 1.70% | +0.03% | -42.98% | |
| 24 | JD | Jd.com Inc-adr | 股票-循環性消費 | 1.69% | -0.37% | +41.47% | |
| 25 | ABG | Asbury Automotive Group | 股票-循環性消費 | 1.67% | +0.18% | +26.60% | |
| 26 | APO | Apollo Global Management Inc | 股票-金融 | 1.58% | -0.20% | +48.28% | |
| 27 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 1.49% | +0.03% | — | |
| 28 | MA | Mastercard Inc - A | 股票-金融 | 1.38% | +1.52% | — | |
| 29 | V | Visa Inc-class A Shares | 股票-金融 | 1.37% | +0.76% | — | |
| 30 | CPNG | Coupang Inc | 股票-循環性消費 | 1.24% | -0.07% | — | |
| 31 | HSIC | Henry Schein Inc | 股票-醫療保健 | 1.22% | -0.80% | -14.10% | |
| 32 | NICE | Nice LTD - Spon Adr | 股票-科技 | 1.19% | -0.34% | -16.83% | |
| 33 | RELY | Remitly Global Inc | 股票-其他 | 1.19% | -0.32% | +7.14% | |
| 34 | SPGI | S&p Global Inc | 股票-金融 | 1.18% | -0.09% | — | |
| 35 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 1.05% | +0.07% | +15.67% | |
| 36 | GPN | Global Payments Inc | 股票-工業 | 1.04% | -0.13% | — | |
| 37 | KMPR | Kemper CORP | 股票-其他 | 0.97% | -0.49% | -27.49% | |
| 38 | BZH | Beazer Homes USA Inc | 股票-其他 | 0.95% | -0.95% | EXIT | |
| 39 | CMCSA | Comcast Corp-class A | 股票-通訊服務 | 0.91% | -0.38% | -16.65% | |
| 40 | CRL | Charles River Laboratories | 股票-醫療保健 | 0.75% | +0.82% | -50.80% | |
| 41 | IBIT | Ishares Bitcoin Trust ETF | ETF-加密貨幣 | 0.72% | -0.53% | -25.60% | |
| 42 | FIX | Comfort Systems USA Inc | 股票-工業 | 0.70% | -0.70% | EXIT | |
| 43 | LRN | Stride Inc | 股票-非循環性消費 | 0.50% | -0.10% | — | |
| 44 | DKNG | Draftkings Inc-cl A | 股票-循環性消費 | 0.50% | -0.10% | +120.91% | |
| 45 | LEG | Leggett & Platt Inc | 股票-循環性消費 | 0.49% | +0.01% | — | |
| 46 | TFX | Teleflex Inc | 股票-醫療保健 | 0.48% | -0.48% | EXIT | |
| 47 | C | Citigroup Inc | 股票-金融 | 0.46% | -0.46% | EXIT | |
| 48 | GBTC | Grayscale Bitcoin Trust ETF | ETF-加密貨幣 | 0.41% | -0.12% | — | |
| 49 | DELL | Dell Technologies -c | 股票-科技 | 0.37% | -0.37% | EXIT | |
| 50 | TBLA | Taboola.com Ltd. | 股票-其他 | 0.37% | +0.12% | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | VTRS | Viatris Inc | +1.7% | +118.34% | 加碼 |
| 2 | GPI | Group 1 Automotive Inc | +1.6% | +91.48% | 加碼 |
| 3 | ICLR | ICON Public Limited Company | +1.2% | +124.87% | 加碼 |
| 4 | ALLY | Ally Financial Inc | +1% | +59.41% | 加碼 |
| 5 | AXTA | Axalta Coating Systems Ltd. | +0.9% | +50.06% | 加碼 |
| 6 | UNFI | United Natural Foods Inc | +0.6% | +19.09% | 加碼 |
| 7 | JD | Jd.com Inc-adr | +0.5% | +41.47% | 加碼 |
| 8 | AMRZ | Amrize Ltd | +0.4% | +16.45% | 加碼 |
| 9 | FIX | Comfort Systems USA Inc | +0.2% | — | 不變 |
| 10 | RELY | Remitly Global Inc | +0.2% | +7.14% | 加碼 |
| 11 | IQV | Iqvia Holdings Inc | +0.2% | +48.03% | 加碼 |
| 12 | META | Meta Platforms Inc-class A | +0.1% | +27.51% | 加碼 |
| 13 | APO | Apollo Global Management Inc | +0.1% | +48.28% | 加碼 |
| 14 | DKNG | Draftkings Inc-cl A | +0.1% | +120.91% | 加碼 |
| 15 | TFSL | Tfs Financial CORP | +0.1% | +3.09% | 加碼 |
| 16 | EME | Emcor Group Inc | +0.1% | — | 不變 |
| 17 | ABG | Asbury Automotive Group | 0% | +26.60% | 加碼 |
| 18 | GOOGL | Alphabet Inc-cl A | 0% | +15.67% | 加碼 |
| 19 | BZH | Beazer Homes USA Inc | 0% | +10.91% | 加碼 |
| 20 | QUBT | Quantum Computing Inc | — | — | 不變 |
| 21 | QBTS | D-wave Quantum Inc | 0% | — | 不變 |
| 22 | BTC | Grayscale Bitcoin Mini ETF | 0% | — | 不變 |
| 23 | QS | Quantumscape CORP | 0% | — | 不變 |
| 24 | IONQ | Ionq Inc | -0.1% | — | 不變 |
| 25 | HIPO | Hippo Holdings Inc | -0.1% | — | 不變 |
| 26 | COF | Capital One Financial CORP | -0.1% | — | 不變 |
| 27 | AL | Air Lease CORP | -0.1% | — | 不變 |
| 28 | BAND | Bandwidth Inc-class A | -0.1% | -63.63% | 減碼 |
| 29 | KLAR | Klarna Group plc | -0.1% | +58.82% | 加碼 |
| 30 | GBTC | Grayscale Bitcoin Trust ETF | -0.2% | — | 不變 |
| 31 | CI | THE Cigna Group | -0.2% | +5.18% | 加碼 |
| 32 | TBLA | Taboola.com Ltd. | -0.2% | — | 不變 |
| 33 | GPN | Global Payments Inc | -0.2% | — | 不變 |
| 34 | SHC | Sotera Health Co | -0.3% | +20.74% | 加碼 |
| 35 | CMCSA | Comcast Corp-class A | -0.3% | -16.65% | 減碼 |
| 36 | LAW | Cs Disco Inc | -0.3% | +2.31% | 加碼 |
| 37 | HSIC | Henry Schein Inc | -0.3% | -14.10% | 減碼 |
| 38 | UNP | Union Pacific CORP | -0.3% | -13.15% | 減碼 |
| 39 | WEX | Wex Inc | -0.3% | -11.84% | 減碼 |
| 40 | NICE | Nice LTD - Spon Adr | -0.4% | -16.83% | 減碼 |
| 41 | IBIT | Ishares Bitcoin Trust ETF | -0.6% | -25.60% | 減碼 |
| 42 | SSNC | Ss&c Technologies Holdings | -0.7% | +15.63% | 加碼 |
| 43 | ELV | Elevance Health Inc | -0.8% | -7.80% | 減碼 |
| 44 | KMPR | Kemper CORP | -0.9% | -27.49% | 減碼 |
| 45 | FAF | First American Financial | -1% | -24.59% | 減碼 |
| 46 | CRL | Charles River Laboratories | -1.1% | -50.80% | 減碼 |
| 47 | BC | Brunswick CORP | -1.1% | -24.54% | 減碼 |
| 48 | SW | Smurfit Westrock Plc | -1.3% | -42.98% | 減碼 |
| 49 | ARW | Arrow Electronics Inc | -1.5% | -51.21% | 減碼 |
| 50 | C | Citigroup Inc | -2.7% | -84.45% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Lakewood Capital Management, LP 在 Q1 2026 季度的美股持倉總市值約為 US$19.4億，共申報了 68 個公開持股部位。
在 Q1 2026 季度，Lakewood Capital Management, LP 按市值排列的前三大核心持股分別為：CI (7.2%)、ICLR (5.2%)、AXTA (5.1%)。其中最大持股部位 CI 佔據整體投資組合約 7.2% 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
MSFT
市值: US$3573.4萬
本季最大獲利了結 / 清倉標的
ASTS
前期市值: US$3166.7萬
在 Q1 2026 季度中，Lakewood Capital Management, LP 共進行了 67 項持倉異動，包含新建倉 18 個部位、加碼 22 個部位、減碼 15 個部位以及清倉 12 個部位。 其中最大新建倉標的為 MSFT。 本季清倉部位包含 ASTS。
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。