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: 0001207017
申報總市值
US$660.6億
US$660.6億
1846 檔
13.2%
在 Q1 2026 的 13F 官方備案中，Lazard Asset Management LLC 管理的美股投資組合規模來到 US$660.6億，整體持股檔數為 1846 檔。
Q1 2026 數據顯示 Lazard Asset Management LLC 積極進場，新開立 10 個部位並同步加碼 111 檔個股，反映機構在該季度的資金注入與籌碼積累。
在資產配置集中度方面，Lazard Asset Management LLC 的前 5 大核心持股（包含 AAPL, MSFT, NVDA 等）合計佔整體申報市值的 13.2%，反映機構在主要關鍵部位上的權重分佈。
本季最大新建倉標的
AZN
市值: US$4.3億
本季最大獲利了結 / 清倉標的
AZNN
前期市值: US$1.2億
僅顯示前 200 大持股（共 1846 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 | AAPL | Apple Inc | 股票-科技 | 3.44% | +0.12% | +11.75% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 3.23% | -0.24% | +7.58% | |
| 3 | NVDA | Nvidia CORP | 股票-科技 | 2.96% | +0.93% | +22.90% | |
| 4 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.64% | +0.17% | +6.53% | |
| 5 | AMT | American Tower CORP | 股票-房地產 | 2.08% | — | +20.39% | |
| 6 | EXC | Exelon CORP | 股票-公用事業 | 1.99% | +0.28% | +6.44% | |
| 7 | CCI | Crown Castle Inc | 股票-房地產 | 1.80% | -0.07% | +15.71% | |
| 8 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 1.66% | +0.24% | -0.31% | |
| 9 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 1.64% | +0.54% | -9.25% | |
| 10 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 1.62% | +0.33% | +19.65% | |
| 11 | CNI | Canadian Natl Railway Co | 股票-工業 | 1.54% | -0.83% | +1.95% | |
| 12 | AVGO | Broadcom Inc | 股票-科技 | 1.39% | -0.43% | +12.37% | |
| 13 | ✓ | Ferrovial Se | 股票-其他 | 1.37% | +0.17% | -3.83% | |
| 14 | ED | Consolidated Edison Inc | 股票-公用事業 | 1.32% | +0.09% | +14.76% | |
| 15 | CSX | Csx CORP | 股票-工業 | 1.24% | -1.24% | -11.26% | |
| 16 | V | Visa Inc-class A Shares | 股票-金融 | 1.20% | +0.09% | +2.34% | |
| 17 | LLY | Eli Lilly & Co | 股票-醫療保健 | 1.09% | +0.17% | +7.19% | |
| 18 | TMO | Thermo Fisher Scientific Inc | 股票-醫療保健 | 0.99% | -0.13% | -1.00% | |
| 19 | ADI | Analog Devices Inc | 股票-科技 | 0.89% | +0.09% | +6.30% | |
| 20 | BAC | Bank Of America CORP | 股票-金融 | 0.89% | +0.04% | +5.63% | |
| 21 | AMX | America Movil Sab De Cv | 股票-其他 | 0.87% | -0.05% | +17.77% | |
| 22 | PBR | Petroleo Brasileiro-spon Adr | 股票-能源 | 0.86% | -0.23% | +8.98% | |
| 23 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.85% | -0.21% | -0.49% | |
| 24 | ICE | Intercontinental Exchange In | 股票-金融 | 0.85% | -0.25% | +0.04% | |
| 25 | TLK | Telkom Indonesia Persero-adr | 股票-其他 | 0.77% | -0.26% | +23.43% | |
| 26 | ASML | ASML Holding N.V. | 股票-科技 | 0.74% | +0.12% | +25.81% | |
| 27 | AZN | AstraZeneca PLC | 股票-醫療保健 | 0.71% | -0.05% | — | |
| 28 | KLAC | Kla CORP | 股票-科技 | 0.71% | +0.40% | +13.59% | |
| 29 | SLB | Slb LTD | 股票-能源 | 0.66% | -0.26% | -12.58% | |
| 30 | APH | Amphenol Corp-cl A | 股票-科技 | 0.66% | +0.15% | -15.30% | |
| 31 | AON | Aon plc | 股票-金融 | 0.65% | -0.09% | -5.35% | |
| 32 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.64% | -0.28% | -26.16% | |
| 33 | DHR | Danaher CORP | 股票-醫療保健 | 0.63% | -0.09% | -6.62% | |
| 34 | VALE | Vale Sa-sp Adr | 股票-原物料 | 0.62% | -0.08% | +5.36% | |
| 35 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.60% | -0.06% | +17.24% | |
| 36 | INFY | Infosys Ltd-sp Adr | 股票-科技 | 0.60% | -0.05% | +17.02% | |
| 37 | XOM | Exxon Mobil CORP | 股票-能源 | 0.58% | -0.17% | -1.83% | |
| 38 | AME | Ametek Inc | 股票-工業 | 0.57% | +0.19% | +4.57% | |
| 39 | PANW | Palo Alto Networks Inc | 股票-科技 | 0.55% | +0.39% | +82.82% | |
| 40 | QCOM | Qualcomm Inc | 股票-科技 | 0.54% | -0.04% | +11.21% | |
| 41 | LIN | Linde plc | 股票-原物料 | 0.53% | -0.03% | +1.48% | |
| 42 | WM | Waste Management Inc | 股票-工業 | 0.52% | -0.07% | +0.58% | |
| 43 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.52% | — | +44.04% | |
| 44 | IQV | Iqvia Holdings Inc | 股票-醫療保健 | 0.52% | -0.23% | -2.01% | |
| 45 | CB | Chubb Limited | 股票-金融 | 0.52% | -0.04% | -7.89% | |
| 46 | KO | Coca-cola Co/the | 股票-非循環性消費 | 0.51% | -0.03% | +0.75% | |
| 47 | BSX | Boston Scientific CORP | 股票-醫療保健 | 0.50% | -0.15% | +24.82% | |
| 48 | ISRG | Intuitive Surgical Inc | 股票-醫療保健 | 0.49% | +0.07% | +18.32% | |
| 49 | ADSK | Autodesk Inc | 股票-科技 | 0.49% | -0.11% | +11.44% | |
| 50 | ASX | Ase Technology Holding -adr | 股票-科技 | 0.48% | +0.06% | -32.39% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | PBR | Petroleo Brasileiro-spon Adr | +0.4% | +8.98% | 加碼 |
| 2 | NVDA | Nvidia CORP | +0.3% | +22.90% | 加碼 |
| 3 | EXC | Exelon CORP | +0.3% | +6.44% | 加碼 |
| 4 | ED | Consolidated Edison Inc | +0.3% | +14.76% | 加碼 |
| 5 | AMT | American Tower CORP | +0.3% | +20.39% | 加碼 |
| 6 | AMX | America Movil Sab De Cv | +0.3% | +17.77% | 加碼 |
| 7 | ASML | ASML Holding N.V. | +0.3% | +25.81% | 加碼 |
| 8 | UL | Unilever Plc-sponsored Adr | +0.2% | +674.18% | 加碼 |
| 9 | MCO | Moody's CORP | +0.2% | +5102.93% | 加碼 |
| 10 | JNJ | Johnson & Johnson | +0.2% | +44.04% | 加碼 |
| 11 | PANW | Palo Alto Networks Inc | +0.2% | +82.82% | 加碼 |
| 12 | KLAC | Kla CORP | +0.2% | +13.59% | 加碼 |
| 13 | TTE | TotalEnergies SE | +0.2% | +30.16% | 加碼 |
| 14 | AMAT | Applied Materials Inc | +0.2% | +63.80% | 加碼 |
| 15 | ADI | Analog Devices Inc | +0.2% | +6.30% | 加碼 |
| 16 | TJX | Tjx Companies Inc | +0.2% | +63.89% | 加碼 |
| 17 | COHR | Coherent CORP | +0.2% | +226.11% | 加碼 |
| 18 | XOM | Exxon Mobil CORP | +0.1% | -1.83% | 減碼 |
| 19 | TER | Teradyne Inc | +0.1% | +2.33% | 加碼 |
| 20 | COST | Costco Wholesale CORP | +0.1% | +70.52% | 加碼 |
| 21 | SHEL | Shell Plc-adr | +0.1% | +945.22% | 加碼 |
| 22 | VALE | Vale Sa-sp Adr | +0.1% | +5.36% | 加碼 |
| 23 | LMT | Lockheed Martin CORP | +0.1% | +29.98% | 加碼 |
| 24 | ROST | Ross Stores Inc | +0.1% | +608.46% | 加碼 |
| 25 | CTSH | Cognizant Tech Solutions-a | +0.1% | +752.06% | 加碼 |
| 26 | PEP | Pepsico Inc | +0.1% | +31.43% | 加碼 |
| 27 | SU | Suncor Energy Inc | +0.1% | -1.49% | 減碼 |
| 28 | GOOG | Alphabet Inc-cl C | +0.1% | +19.65% | 加碼 |
| 29 | LRCX | Lam Research CORP | +0.1% | +23.19% | 加碼 |
| 30 | CAH | Cardinal Health Inc | +0.1% | +152.72% | 加碼 |
| 31 | GEV | GE Vernova Inc | +0.1% | +136.46% | 加碼 |
| 32 | SLB | Slb LTD | +0.1% | -12.58% | 減碼 |
| 33 | AEE | Ameren Corporation | +0.1% | +42.91% | 加碼 |
| 34 | CMI | Cummins Inc | +0.1% | +458.25% | 加碼 |
| 35 | FOXA | Fox CORP - Class A | +0.1% | +181.94% | 加碼 |
| 36 | AEP | American Electric Power | +0.1% | +81.94% | 加碼 |
| 37 | B | Barrick Mining CORP | +0.1% | +46.88% | 加碼 |
| 38 | MET | Metlife Inc | +0.1% | +803.51% | 加碼 |
| 39 | OSK | Oshkosh CORP | +0.1% | +644.73% | 加碼 |
| 40 | ANET | Arista Networks Inc | +0.1% | +552.26% | 加碼 |
| 41 | RGA | Reinsurance Group Of America | +0.1% | +2626.56% | 加碼 |
| 42 | LIN | Linde plc | +0.1% | +1.48% | 加碼 |
| 43 | TT | Trane Technologies plc | +0.1% | +11.86% | 加碼 |
| 44 | COP | Conocophillips | +0.1% | -8.25% | 減碼 |
| 45 | ALL | Allstate CORP | +0.1% | +31.00% | 加碼 |
| 46 | USB | US Bancorp | +0.1% | +40.38% | 加碼 |
| 47 | RY | Royal Bank Of Canada | +0.1% | +289.76% | 加碼 |
| 48 | HESM | Hess Midstream LP - Class A | +0.1% | +1110.72% | 加碼 |
| 49 | RTX | Rtx CORP | +0.1% | +67.12% | 加碼 |
| 50 | SPG | Simon Property Group Inc | +0.1% | +132.03% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Lazard Asset Management LLC 在 Q1 2026 季度的美股持倉總市值約為 US$660.6億，共申報了 1846 個公開持股部位。
在 Q1 2026 季度，Lazard Asset Management LLC 按市值排列的前三大核心持股分別為：AAPL (3.4%)、MSFT (3.2%)、NVDA (3.0%)。其中最大持股部位 AAPL 佔據整體投資組合約 3.4% 的權重。
在 Q1 2026 季度中，Lazard Asset Management LLC 共進行了 200 項持倉異動，包含新建倉 10 個部位、加碼 111 個部位、減碼 73 個部位以及清倉 6 個部位。 其中最大新建倉標的為 AZN。 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。
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。
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。