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: 0002023551
申報總市值
US$4.0億
US$4.0億
30 檔
13.5%
Q1 2026 季度申報顯示，Landmark Investment Partners, L.p. 揭露的美股組合總市值為 US$4.0億，涵蓋 30 個不同之權益投資部位。
Landmark Investment Partners, L.p. 在 Q1 2026 的調整主要集中於風險出清，清倉與減碼部位合計達 30 檔，反映機構對當前市場環境或個別公司估值採取較為保留之看法。
整體而言，Landmark Investment Partners, L.p. 的前 5 大持股（包含 HLT, COSTAR GROUP INC, AIV）貢獻了組合市值的 13.5%，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 | HLT | Hilton Worldwide Holdings In | 股票-循環性消費 | 9.69% | -9.69% | EXIT | |
| 2 | ✓ | Costar Group Inc | 股票-其他 | 9.27% | -6.44% | — | |
| 3 | AIV | Apartment Invt & Mgmt Co -a | 股票-其他 | 7.87% | -6.58% | +15.10% | |
| 4 | CNS | Cohen & Steers Inc | 股票-其他 | 7.61% | -5.32% | -22.60% | |
| 5 | CBRE | Cbre Group Inc - A | 股票-房地產 | 6.46% | -5.08% | — | |
| 6 | DEI | Douglas Emmett Inc | 股票-其他 | 5.44% | -2.53% | -50.09% | |
| 7 | CIGI | Colliers Intl Gr-subord Vot | 股票-其他 | 5.08% | -5.08% | EXIT | |
| 8 | NXRT | Nexpoint Residential | 股票-其他 | 4.87% | -2.92% | +676.40% | |
| 9 | CHDN | Churchill Downs Inc | 股票-循環性消費 | 4.33% | -4.33% | EXIT | |
| 10 | ✓ | Douglas Emmett Inc | 股票-其他 | 4.24% | +0.58% | — | |
| 11 | ✓ | 股票-其他 | 3.86% | -3.86% | EXIT | ||
| 12 | CSGP | Costar Group Inc | 股票-房地產 | 3.66% | -2.56% | -66.67% | |
| 13 | ✓ | Cohen & Steers Inc | 股票-其他 | 3.31% | +3.14% | — | |
| 14 | VAC | Marriott Vacations World | 股票-循環性消費 | 3.28% | -1.51% | -66.45% | |
| 15 | ESS | Essex Property Trust Inc | 股票-房地產 | 2.91% | -2.02% | -76.55% | |
| 16 | CPT | Camden Property Trust | 股票-房地產 | 2.28% | -2.28% | EXIT | |
| 17 | BHR | Braemar Hotels & Resorts Inc | 股票-其他 | 2.04% | -1.54% | -3.69% | |
| 18 | AVB | Avalonbay Communities Inc | 股票-房地產 | 2.00% | -1.50% | +100.00% | |
| 19 | HHH | Howard Hughes Holdings Inc | 股票-房地產 | 1.80% | -1.80% | EXIT | |
| 20 | HPP | Hudson Pacific Properties In | 股票-其他 | 1.75% | -0.30% | -32.46% | |
| 21 | ✓ | Choice Hotels Intl Inc | 股票-其他 | 1.69% | +3.30% | — | |
| 22 | ✓ | Invitation Homes Inc | 股票-其他 | 1.32% | -1.32% | EXIT | |
| 23 | ✓ | Hudson Pac Pptys Inc | 股票-其他 | 1.26% | -1.26% | EXIT | |
| 24 | ✓ | 股票-其他 | 1.03% | +5.59% | — | ||
| 25 | CUBE | Cubesmart | 股票-房地產 | 0.99% | -0.99% | EXIT | |
| 26 | BKD | Brookdale Senior Living Inc | 股票-其他 | 0.75% | -0.52% | -88.74% | |
| 27 | ✓ | Xlb 240119c00090000 | 股票-其他 | 0.68% | -0.68% | EXIT | |
| 28 | BLDR | Builders Firstsource Inc | 股票-工業 | 0.29% | -0.29% | EXIT | |
| 29 | BX | Blackstone Inc | 股票-金融 | 0.15% | -0.15% | EXIT | |
| 30 | BX | Blackstone Inc. | 股票-金融 | 0.06% | -0.06% | EXIT |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | ✓ | Costar Group Inc | +9.3% | NEW | 新建倉 |
| 2 | CBRE | Cbre Group Inc - A | +6.5% | NEW | 新建倉 |
| 3 | CIGI | Colliers Intl Gr-subord Vot | +5.1% | NEW | 新建倉 |
| 4 | HLT | Hilton Worldwide Holdings In | +4.4% | +7.55% | 加碼 |
| 5 | NXRT | Nexpoint Residential | +4.4% | +676.40% | 加碼 |
| 6 | CHDN | Churchill Downs Inc | +4.3% | NEW | 新建倉 |
| 7 | ✓ | Douglas Emmett Inc | +4.2% | NEW | 新建倉 |
| 8 | ✓ | +3.9% | NEW | 新建倉 | |
| 9 | ✓ | Cohen & Steers Inc | +3.3% | NEW | 新建倉 |
| 10 | CPT | Camden Property Trust | +1.8% | +243.19% | 加碼 |
| 11 | AIV | Apartment Invt & Mgmt Co -a | +1.7% | +15.10% | 加碼 |
| 12 | ✓ | Choice Hotels Intl Inc | +1.7% | NEW | 新建倉 |
| 13 | CNS | Cohen & Steers Inc | +1.5% | -22.60% | 減碼 |
| 14 | ✓ | Invitation Homes Inc | +1.3% | NEW | 新建倉 |
| 15 | AVB | Avalonbay Communities Inc | +1.3% | +100.00% | 加碼 |
| 16 | ✓ | Hudson Pac Pptys Inc | +1.3% | NEW | 新建倉 |
| 17 | ✓ | +1% | NEW | 新建倉 | |
| 18 | CUBE | Cubesmart | +1% | NEW | 新建倉 |
| 19 | ✓ | Xlb 240119c00090000 | +0.7% | NEW | 新建倉 |
| 20 | BHR | Braemar Hotels & Resorts Inc | +0.5% | -3.69% | 減碼 |
| 21 | BLDR | Builders Firstsource Inc | +0.3% | NEW | 新建倉 |
| 22 | BX | Blackstone Inc. | +0.1% | NEW | 新建倉 |
| 23 | BXP | Bxp Inc | -0.3% | EXIT | 清倉 |
| 24 | KRC | Kilroy Realty CORP | -0.6% | EXIT | 清倉 |
| 25 | REXR | Rexford Industrial Realty In | -0.7% | EXIT | 清倉 |
| 26 | DLR | Digital Realty Trust Inc | -0.7% | EXIT | 清倉 |
| 27 | NNN | Nnn Reit Inc | -0.7% | EXIT | 清倉 |
| 28 | GLPI | Gaming And Leisure Propertie | -0.7% | EXIT | 清倉 |
| 29 | RHP | Ryman Hospitality Properties | -0.9% | EXIT | 清倉 |
| 30 | O | Realty Income CORP | -0.9% | EXIT | 清倉 |
| 31 | WPC | Wp Carey Inc | -0.9% | EXIT | 清倉 |
| 32 | EQR | Equity Residential | -0.9% | EXIT | 清倉 |
| 33 | EQIX | Equinix Inc | -1% | EXIT | 清倉 |
| 34 | BX | Blackstone Inc | -1.1% | -90.16% | 減碼 |
| 35 | HPP | Hudson Pacific Properties In | -1.2% | -32.46% | 減碼 |
| 36 | SUI | Sun Communities Inc | -1.4% | EXIT | 清倉 |
| 37 | CHH | Choice Hotels Intl Inc | -1.4% | EXIT | 清倉 |
| 38 | EXR | Extra Space Storage Inc | -1.5% | EXIT | 清倉 |
| 39 | DOC | Healthpeak Properties Inc | -1.9% | EXIT | 清倉 |
| 40 | VAC | Marriott Vacations World | -2.1% | -66.45% | 減碼 |
| 41 | DEI | Douglas Emmett Inc | -2.4% | -50.09% | 減碼 |
| 42 | BKD | Brookdale Senior Living Inc | -2.5% | -88.74% | 減碼 |
| 43 | REG | Regency Centers CORP | -2.7% | EXIT | 清倉 |
| 44 | BYD | Boyd Gaming CORP | -2.8% | EXIT | 清倉 |
| 45 | VTR | Ventas Inc | -2.8% | EXIT | 清倉 |
| 46 | HGV | Hilton Grand Vacations Inc | -3.7% | EXIT | 清倉 |
| 47 | HHH | Howard Hughes Holdings Inc | -4.9% | -79.06% | 減碼 |
| 48 | ESS | Essex Property Trust Inc | -5.4% | -76.55% | 減碼 |
| 49 | MAA | Mid-america Apartment Comm | -6.1% | EXIT | 清倉 |
| 50 | CSGP | Costar Group Inc | -7.7% | -66.67% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Landmark Investment Partners, L.p. 在 Q1 2026 季度的美股持倉總市值約為 US$4.0億，共申報了 30 個公開持股部位。
在 Q1 2026 季度，Landmark Investment Partners, L.p. 按市值排列的前三大核心持股分別為：HLT (9.7%)、COSTAR GROUP INC (9.3%)、AIV (7.9%)。其中最大持股部位 HLT 佔據整體投資組合約 9.7% 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
COSTAR GROUP INC
市值: US$1225.1萬
本季最大獲利了結 / 清倉標的
MAA
前期市值: US$1304.8萬
在 Q1 2026 季度中，Landmark Investment Partners, L.p. 共進行了 50 項持倉異動，包含新建倉 15 個部位、加碼 5 個部位、減碼 10 個部位以及清倉 20 個部位。 其中最大新建倉標的為 COSTAR GROUP INC。 本季清倉部位包含 MAA。
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。