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: 0001170152
申報總市值
US$10.0億
US$10.0億
211 檔
10.2%
Leuthold Group, LLC 在 Q1 2026 季度的美股部位總計估值為 US$10.0億，分散於 211 個持倉標的之中，反映其市場參與廣度與投資規模。
Leuthold Group, LLC 於 Q1 2026 展現出進攻型調倉步調，本季推動了 22 檔股票的新建倉與 90 檔既有部位加碼，整體資金傾向擴大在美股市場的曝險佈局。
從部位權重觀察，前 5 大標的（包含 SPDN, GOOGL, BWX）累計市值佔比達 10.2%，是驅動 Leuthold Group, LLC 該季度整體投資組合績效表現的核心支柱。
僅顯示前 200 大持股（共 211 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 | SPDN | Dir Dly Sp 500 Br 1x Etf-usi | ETF-其他 | 3.26% | -0.62% | +31.34% | |
| 2 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 2.03% | +0.26% | -1.78% | |
| 3 | BWX | State Street Spdr Bloomberg | ETF-其他 | 1.94% | -0.78% | -0.45% | |
| 4 | MSFT | Microsoft CORP | 股票-科技 | 1.90% | -0.15% | -4.96% | |
| 5 | JBL | Jabil Inc | 股票-科技 | 1.67% | -0.10% | -5.41% | |
| 6 | GS | Goldman Sachs Group Inc | 股票-金融 | 1.65% | -1.54% | +1.29% | |
| 7 | SPIB | Ss Spdr P Int C CORP ETF | ETF-其他 | 1.50% | -0.36% | — | |
| 8 | RWM | Proshares Short Russell2000 | ETF-其他 | 1.50% | -0.35% | +6.24% | |
| 9 | MCK | Mckesson CORP | 股票-醫療保健 | 1.49% | -0.32% | +0.92% | |
| 10 | KGC | Kinross Gold CORP | 股票-原物料 | 1.49% | -0.45% | -3.87% | |
| 11 | FDX | Fedex CORP | 股票-工業 | 1.46% | -0.30% | +1.98% | |
| 12 | CAH | Cardinal Health Inc | 股票-醫療保健 | 1.45% | +0.01% | +1.57% | |
| 13 | FLEX | Flex Ltd. | 股票-科技 | 1.40% | +0.60% | -2.49% | |
| 14 | SHY | Ishares 1-3 Year Treasury Bo | ETF-政府公債 | 1.38% | -0.14% | +1.32% | |
| 15 | CSCO | Cisco Systems Inc | 股票-科技 | 1.30% | +0.40% | +1.73% | |
| 16 | MS | Morgan Stanley | 股票-金融 | 1.24% | -1.15% | +1.39% | |
| 17 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.23% | -0.15% | +0.80% | |
| 18 | IAG | Iamgold CORP | 股票-其他 | 1.16% | -0.27% | -5.42% | |
| 19 | UPS | United Parcel Service-cl B | 股票-工業 | 1.14% | -0.02% | +2.07% | |
| 20 | VTIP | Vanguard Short-term Tips | ETF-其他 | 1.11% | -0.05% | -0.34% | |
| 21 | IGOV | Ishares International Treasu | ETF-其他 | 1.08% | -0.06% | -0.30% | |
| 22 | COR | Cencora Inc | 股票-醫療保健 | 1.05% | -0.21% | +1.20% | |
| 23 | C | Citigroup Inc | 股票-金融 | 1.03% | +0.10% | +2.04% | |
| 24 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.03% | -0.01% | +1.67% | |
| 25 | XLK | Ss Technology Select Sector | ETF-科技型 | 0.99% | +0.29% | -6.10% | |
| 26 | ERIC | Ericsson (lm) Tel-sp Adr | 股票-科技 | 0.97% | -0.11% | +2.07% | |
| 27 | TEL | TE Connectivity plc | 股票-科技 | 0.91% | -0.30% | +1.57% | |
| 28 | HCA | Hca Healthcare Inc | 股票-醫療保健 | 0.91% | -0.01% | +0.71% | |
| 29 | IVV | Ishares Core S&p 500 ETF | ETF-大型股與成長 | 0.91% | +0.07% | -0.27% | |
| 30 | MGA | Magna International Inc | 股票-循環性消費 | 0.89% | +0.05% | +1.42% | |
| 31 | CM | Can Imperial Bk Of Commerce | 股票-金融 | 0.88% | +0.08% | +1.44% | |
| 32 | BAC | Bank Of America CORP | 股票-金融 | 0.86% | +0.04% | +1.70% | |
| 33 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.85% | -0.06% | +2.40% | |
| 34 | NVDA | Nvidia CORP | 股票-科技 | 0.84% | +0.54% | — | |
| 35 | IBND | State Street Spdr Bloomberg | ETF-其他 | 0.84% | -0.78% | -0.48% | |
| 36 | DB | Deutsche Bank Aktiengesellschaft | 股票-金融 | 0.84% | -0.77% | +1.27% | |
| 37 | IGIB | Ishares 5-10y Inv Grade CORP | ETF-投資等級公司債 | 0.84% | -0.08% | -0.69% | |
| 38 | GILD | Gilead Sciences Inc | 股票-醫療保健 | 0.83% | -0.16% | +1.88% | |
| 39 | VMBS | Vanguard Mortgage-backed Sec | ETF-其他 | 0.83% | -0.28% | — | |
| 40 | MBB | Ishares Mbs ETF | ETF-其他 | 0.82% | -0.05% | -0.63% | |
| 41 | AMGN | Amgen Inc | 股票-醫療保健 | 0.81% | -0.06% | +0.92% | |
| 42 | REGN | Regeneron Pharmaceuticals | 股票-醫療保健 | 0.80% | -0.22% | +3.61% | |
| 43 | VRTX | Vertex Pharmaceuticals Inc | 股票-醫療保健 | 0.78% | — | +0.29% | |
| 44 | PRIM | Primoris Services CORP | 股票-工業 | 0.78% | -0.30% | +2.86% | |
| 45 | LAUR | Laureate Education Inc | 股票-其他 | 0.77% | -0.05% | +1.61% | |
| 46 | IEF | Ishares 7-10 Year Treasury B | ETF-政府公債 | 0.77% | -0.06% | -2.20% | |
| 47 | BCS | Barclays Plc-spons Adr | 股票-金融 | 0.75% | +0.11% | +1.35% | |
| 48 | SLB | Slb LTD | 股票-能源 | 0.74% | -0.14% | +1.98% | |
| 49 | EME | Emcor Group Inc | 股票-工業 | 0.72% | +0.01% | +3.35% | |
| 50 | BKR | Baker Hughes Co | 股票-能源 | 0.69% | -0.12% | +761.38% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | SPDN | Dir Dly Sp 500 Br 1x Etf-usi | +0.9% | +31.34% | 加碼 |
| 2 | BKR | Baker Hughes Co | +0.6% | +761.38% | 加碼 |
| 3 | DAL | Delta Air Lines Inc | +0.4% | +622.39% | 加碼 |
| 4 | NOV | Nov Inc | +0.4% | +675.10% | 加碼 |
| 5 | WFRD | Weatherford International plc | +0.4% | +646.69% | 加碼 |
| 6 | FDX | Fedex CORP | +0.3% | +1.98% | 加碼 |
| 7 | SLB | Slb LTD | +0.2% | +1.98% | 加碼 |
| 8 | OII | Oceaneering Intl Inc | +0.2% | +1.72% | 加碼 |
| 9 | PLXS | Plexus CORP | +0.2% | +1.61% | 加碼 |
| 10 | UTI | Universal Technical Institut | +0.2% | +1.63% | 加碼 |
| 11 | ERIC | Ericsson (lm) Tel-sp Adr | +0.1% | +2.07% | 加碼 |
| 12 | JBL | Jabil Inc | +0.1% | -5.41% | 減碼 |
| 13 | JNJ | Johnson & Johnson | +0.1% | +2.40% | 加碼 |
| 14 | LST | Leuthold Sel Ind | +0.1% | +135.10% | 加碼 |
| 15 | EME | Emcor Group Inc | +0.1% | +3.35% | 加碼 |
| 16 | UTHR | United Therapeutics CORP | +0.1% | +0.60% | 加碼 |
| 17 | PRDO | Perdoceo Education CORP | +0.1% | +6.51% | 加碼 |
| 18 | PRIM | Primoris Services CORP | +0.1% | +2.86% | 加碼 |
| 19 | AEM | Agnico Eagle Mines LTD | +0.1% | +2.10% | 加碼 |
| 20 | OIH | Vaneck Oil Services ETF | +0.1% | +85.89% | 加碼 |
| 21 | GILD | Gilead Sciences Inc | +0.1% | +1.88% | 加碼 |
| 22 | NTCT | Netscout Systems Inc | +0.1% | +1.61% | 加碼 |
| 23 | FFIV | F5 Inc | +0.1% | +3.61% | 加碼 |
| 24 | SNEX | Stonex Group Inc | +0.1% | +54.52% | 加碼 |
| 25 | MRK | Merck & Co. Inc. | +0.1% | +2.26% | 加碼 |
| 26 | BMY | Bristol-myers Squibb Co | +0.1% | +2.19% | 加碼 |
| 27 | RIO | Rio Tinto Plc-spon Adr | +0.1% | +2.68% | 加碼 |
| 28 | BHE | Benchmark Electronics Inc | +0.1% | +5.12% | 加碼 |
| 29 | MCK | Mckesson CORP | +0.1% | +0.92% | 加碼 |
| 30 | IAG | Iamgold CORP | +0.1% | -5.42% | 減碼 |
| 31 | GSK | Gsk Plc-spon Adr | +0.1% | +2.14% | 加碼 |
| 32 | FLEX | Flex Ltd. | +0.1% | -2.49% | 減碼 |
| 33 | CVSA | Covista Inc | +0.1% | +1.60% | 加碼 |
| 34 | RWM | Proshares Short Russell2000 | +0.1% | +6.24% | 加碼 |
| 35 | AMGN | Amgen Inc | +0.1% | +0.92% | 加碼 |
| 36 | PSQ | Proshares Short Qqq | +0.1% | +7.42% | 加碼 |
| 37 | CAH | Cardinal Health Inc | 0% | +1.57% | 加碼 |
| 38 | KGC | Kinross Gold CORP | 0% | -3.87% | 減碼 |
| 39 | MGA | Magna International Inc | 0% | +1.42% | 加碼 |
| 40 | VIAV | Viavi Solutions Inc | 0% | -2.90% | 減碼 |
| 41 | CM | Can Imperial Bk Of Commerce | 0% | +1.44% | 加碼 |
| 42 | LEA | Lear CORP | 0% | +1.49% | 加碼 |
| 43 | GTX | Garrett Motion Inc | 0% | +2.41% | 加碼 |
| 44 | PSO | Pearson Plc-sponsored Adr | 0% | +98.90% | 加碼 |
| 45 | LAUR | Laureate Education Inc | 0% | +1.61% | 加碼 |
| 46 | BIIB | Biogen Inc | 0% | +1.70% | 加碼 |
| 47 | AA | Alcoa CORP | 0% | -9.68% | 減碼 |
| 48 | CTS | Cts CORP | 0% | +5.40% | 加碼 |
| 49 | XOM | Exxon Mobil CORP | 0% | -2.91% | 減碼 |
| 50 | GHC | Graham Holdings Co-class B | 0% | +94.57% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Leuthold Group, LLC 在 Q1 2026 季度的美股持倉總市值約為 US$10.0億，共申報了 211 個公開持股部位。
在 Q1 2026 季度，Leuthold Group, LLC 按市值排列的前三大核心持股分別為：SPDN (3.3%)、GOOGL (2.0%)、BWX (1.9%)。其中最大持股部位 SPDN 佔據整體投資組合約 3.3% 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
NVDA
市值: US$790.7萬
本季最大獲利了結 / 清倉標的
UNH
前期市值: US$928.7萬
在 Q1 2026 季度中，Leuthold Group, LLC 共進行了 195 項持倉異動，包含新建倉 22 個部位、加碼 90 個部位、減碼 65 個部位以及清倉 18 個部位。 其中最大新建倉標的為 NVDA。 本季清倉部位包含 UNH。
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。