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: 0001861026
申報總市值
US$24.6億
US$24.6億
74 檔
21.8%
截至 Q1 2026 季度末，Marathon Asset Management Ltd 的美股持倉估值約為 US$24.6億，全數申報部位共有 74 檔。
觀察 Q1 2026 的申報異動，Marathon Asset Management Ltd 採取了強勁的買進策略，建倉與加碼動作（合計 56 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。
整體而言，Marathon Asset Management Ltd 的前 5 大持股（包含 CNH, AMZN, GOOGL）貢獻了組合市值的 21.8%，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 | CNH | CNH Industrial N.V. | 股票-工業 | 4.92% | +0.21% | -2.12% | |
| 2 | AMZN | Amazon.com Inc | 股票-循環性消費 | 4.42% | -0.28% | +9.09% | |
| 3 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 4.06% | +0.33% | +6.70% | |
| 4 | KO | The Coca-Cola Company | 股票-非循環性消費 | 3.86% | +0.36% | -1.55% | |
| 5 | SCCO | Southern Copper CORP | 股票-原物料 | 3.29% | +0.08% | -22.92% | |
| 6 | TIGO | Millicom International Cellular S.A. | 股票-通訊服務 | 3.18% | +0.75% | +0.57% | |
| 7 | BN | Brookfield CORP | 股票-金融 | 3.03% | -0.08% | -0.37% | |
| 8 | ELV | Elevance Health Inc | 股票-醫療保健 | 3.01% | +0.44% | +8.74% | |
| 9 | CNQ | Canadian Natural Resources | 股票-能源 | 3.00% | -0.71% | -0.28% | |
| 10 | BNS | Bank Of Nova Scotia | 股票-金融 | 2.89% | +0.47% | -0.43% | |
| 11 | MSFT | Microsoft CORP | 股票-科技 | 2.80% | -0.38% | +16.03% | |
| 12 | FNV | Franco-nevada CORP | 股票-原物料 | 2.72% | -0.59% | -0.36% | |
| 13 | NVDA | Nvidia CORP | 股票-科技 | 2.39% | -0.11% | +14.85% | |
| 14 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 2.28% | -0.33% | +8.08% | |
| 15 | CX | Cemex Sab-spons Adr Part Cer | 股票-其他 | 2.03% | +0.10% | -6.97% | |
| 16 | LAUR | Laureate Education Inc | 股票-其他 | 2.00% | +0.08% | -0.78% | |
| 17 | CPA | Copa Holdings, S.A. | 股票-其他 | 1.85% | +0.77% | +3.56% | |
| 18 | MKL | Markel Group Inc | 股票-金融 | 1.83% | -0.21% | +8.33% | |
| 19 | V | Visa Inc-class A Shares | 股票-金融 | 1.78% | +0.42% | +18.59% | |
| 20 | VIPS | Vipshop Holdings LTD - Adr | 股票-循環性消費 | 1.76% | -0.27% | -0.58% | |
| 21 | TMO | Thermo Fisher Scientific Inc | 股票-醫療保健 | 1.76% | -0.21% | +9.21% | |
| 22 | MU | Micron Technology Inc | 股票-科技 | 1.75% | +0.76% | -26.59% | |
| 23 | CP | Canadian Pacific Kansas City | 股票-工業 | 1.59% | +0.03% | -0.37% | |
| 24 | GIL | Gildan Activewear Inc | 股票-循環性消費 | 1.59% | +0.62% | -0.37% | |
| 25 | ORCL | Oracle CORP | 股票-科技 | 1.53% | -0.12% | +87.13% | |
| 26 | TRU | Transunion | 股票-金融 | 1.51% | +0.37% | +7.87% | |
| 27 | IBKR | Interactive Brokers Gro-cl A | 股票-金融 | 1.40% | +0.12% | +13.74% | |
| 28 | MA | Mastercard Inc - A | 股票-金融 | 1.40% | -0.15% | +7.83% | |
| 29 | CME | Cme Group Inc | 股票-金融 | 1.36% | -0.51% | +13.68% | |
| 30 | PGR | Progressive CORP | 股票-金融 | 1.33% | -0.10% | +13.71% | |
| 31 | SPGI | S&p Global Inc | 股票-金融 | 1.28% | -0.22% | +32.64% | |
| 32 | ALGN | Align Technology Inc | 股票-醫療保健 | 1.26% | -0.18% | +8.56% | |
| 33 | FISV | Fiserv Inc | 股票-其他 | 1.25% | -0.30% | +22.84% | |
| 34 | OPLN | Openlane Inc | 股票-其他 | 1.23% | -0.40% | +13.43% | |
| 35 | ATS | Ats CORP | 股票-其他 | 1.18% | -0.06% | -0.35% | |
| 36 | PAYC | Paycom Software Inc | 股票-科技 | 1.04% | -0.11% | +8.84% | |
| 37 | ADSK | Autodesk Inc | 股票-科技 | 0.95% | -0.30% | +13.69% | |
| 38 | HDB | Hdfc Bank Ltd-adr | 股票-金融 | 0.90% | +0.09% | -3.09% | |
| 39 | IQV | Iqvia Holdings Inc | 股票-醫療保健 | 0.84% | -0.01% | +8.79% | |
| 40 | SKY | Champion Homes Inc | 股票-循環性消費 | 0.83% | +0.02% | — | |
| 41 | RPRX | Royalty Pharma plc | 股票-醫療保健 | 0.81% | -0.16% | +13.58% | |
| 42 | TJX | Tjx Companies Inc | 股票-循環性消費 | 0.80% | -0.17% | +13.73% | |
| 43 | NVST | Envista Holdings CORP | 股票-醫療保健 | 0.70% | -0.09% | +13.44% | |
| 44 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 0.69% | +0.83% | +22.31% | |
| 45 | HCSG | Healthcare Services Group | 股票-其他 | 0.69% | +0.07% | +13.43% | |
| 46 | CHRW | C.h. Robinson Worldwide Inc | 股票-工業 | 0.68% | -0.04% | +13.42% | |
| 47 | NEM | Newmont CORP | 股票-原物料 | 0.67% | -0.19% | +0.98% | |
| 48 | TFX | Teleflex Inc | 股票-醫療保健 | 0.66% | +0.09% | +39.71% | |
| 49 | BKR | Baker Hughes Co | 股票-能源 | 0.64% | -0.22% | +13.48% | |
| 50 | FCX | Freeport-mcmoran Inc | 股票-原物料 | 0.64% | -0.08% | +18.53% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | CNQ | Canadian Natural Resources | +0.9% | -0.28% | 減碼 |
| 2 | TIGO | Millicom International Cellular S.A. | +0.8% | +0.57% | 加碼 |
| 3 | CNH | CNH Industrial N.V. | +0.7% | -2.12% | 減碼 |
| 4 | ORCL | Oracle CORP | +0.4% | +87.13% | 加碼 |
| 5 | FNV | Franco-nevada CORP | +0.4% | -0.36% | 減碼 |
| 6 | CME | Cme Group Inc | +0.3% | +13.68% | 加碼 |
| 7 | RPRX | Royalty Pharma plc | +0.2% | +13.58% | 加碼 |
| 8 | BKR | Baker Hughes Co | +0.2% | +13.48% | 加碼 |
| 9 | IBKR | Interactive Brokers Gro-cl A | +0.2% | +13.74% | 加碼 |
| 10 | ALGN | Align Technology Inc | +0.2% | +8.56% | 加碼 |
| 11 | ADM | Archer-daniels-midland Co | +0.2% | +13.48% | 加碼 |
| 12 | TSM | Taiwan Semiconductor-sp Adr | +0.2% | +22.31% | 加碼 |
| 13 | TFX | Teleflex Inc | +0.2% | +39.71% | 加碼 |
| 14 | FCX | Freeport-mcmoran Inc | +0.2% | +18.53% | 加碼 |
| 15 | NVST | Envista Holdings CORP | +0.2% | +13.44% | 加碼 |
| 16 | NVDA | Nvidia CORP | +0.2% | +14.85% | 加碼 |
| 17 | COKE | Coca-cola Consolidated Inc | +0.1% | +13.48% | 加碼 |
| 18 | MTN | Vail Resorts Inc | +0.1% | +34.19% | 加碼 |
| 19 | ROG | Rogers CORP | +0.1% | +13.56% | 加碼 |
| 20 | WCC | Wesco International Inc | +0.1% | +13.42% | 加碼 |
| 21 | TJX | Tjx Companies Inc | +0.1% | +13.73% | 加碼 |
| 22 | OPLN | Openlane Inc | +0.1% | +13.43% | 加碼 |
| 23 | CHRW | C.h. Robinson Worldwide Inc | +0.1% | +13.42% | 加碼 |
| 24 | SPGI | S&p Global Inc | +0.1% | +32.64% | 加碼 |
| 25 | CP | Canadian Pacific Kansas City | +0.1% | -0.37% | 減碼 |
| 26 | SDA | Sealed Air CORP | +0.1% | +13.43% | 加碼 |
| 27 | AL | Air Lease CORP | +0.1% | +13.55% | 加碼 |
| 28 | SW | Smurfit Westrock Plc | +0.1% | +13.53% | 加碼 |
| 29 | HCSG | Healthcare Services Group | +0.1% | +13.43% | 加碼 |
| 30 | FCN | Fti Consulting Inc | +0.1% | +13.48% | 加碼 |
| 31 | NEM | Newmont CORP | +0.1% | +0.98% | 加碼 |
| 32 | WY | Weyerhaeuser Co | +0.1% | +17.30% | 加碼 |
| 33 | LAUR | Laureate Education Inc | +0.1% | -0.78% | 減碼 |
| 34 | HSIC | Henry Schein Inc | 0% | +13.44% | 加碼 |
| 35 | V | Visa Inc-class A Shares | 0% | +18.59% | 加碼 |
| 36 | DFIN | Donnelley Financial Solution | 0% | +13.42% | 加碼 |
| 37 | B | Barrick Mining CORP | 0% | +18.50% | 加碼 |
| 38 | FISV | Fiserv Inc | 0% | +22.84% | 加碼 |
| 39 | VNT | Vontier CORP | 0% | +13.42% | 加碼 |
| 40 | BIO | Bio-rad Laboratories-a | 0% | +13.47% | 加碼 |
| 41 | ATS | Ats CORP | 0% | -0.35% | 減碼 |
| 42 | WSC | Willscot Holdings CORP | 0% | +13.48% | 加碼 |
| 43 | AXTA | Axalta Coating Systems Ltd. | — | +13.42% | 加碼 |
| 44 | DLTR | Dollar Tree Inc | — | +13.50% | 加碼 |
| 45 | WFC | Wells Fargo & Co | 0% | +13.42% | 加碼 |
| 46 | TDC | Teradata CORP | 0% | +13.56% | 加碼 |
| 47 | PGR | Progressive CORP | 0% | +13.71% | 加碼 |
| 48 | INMD | InMode Ltd. | 0% | -17.39% | 減碼 |
| 49 | CPA | Copa Holdings, S.A. | -0.1% | +3.56% | 加碼 |
| 50 | MBC | Masterbrand Inc | -0.1% | +13.46% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Marathon Asset Management Ltd 在 Q1 2026 季度的美股持倉總市值約為 US$24.6億，共申報了 74 個公開持股部位。
在 Q1 2026 季度，Marathon Asset Management Ltd 按市值排列的前三大核心持股分別為：CNH (4.9%)、AMZN (4.4%)、GOOGL (4.1%)。其中最大持股部位 CNH 佔據整體投資組合約 4.9% 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
SKY
市值: US$2157.2萬
本季最大獲利了結 / 清倉標的
TME
前期市值: US$4041.4萬
在 Q1 2026 季度中，Marathon Asset Management Ltd 共進行了 78 項持倉異動，包含新建倉 1 個部位、加碼 55 個部位、減碼 18 個部位以及清倉 4 個部位。 其中最大新建倉標的為 SKY。 本季清倉部位包含 TME。
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。