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: 0001572748
申報總市值
US$32.3億
US$32.3億
294 檔
78.4%
截至 Q1 2026 季度末，Marathon Trading Investment Management LLC 的美股持倉估值約為 US$32.3億，全數申報部位共有 294 檔。
在 Q1 2026，Marathon Trading Investment Management LLC 展現出較為審慎的避險與獲利了結姿態。本季共減碼 78 個部位並完全清倉 59 檔持股，調降曝險的部位數量高於加碼動作。
整體而言，Marathon Trading Investment Management LLC 的前 5 大持股（包含 SLV, SLV, Spdr S&P 500 Etf Tr Put Option）貢獻了組合市值的 78.4%，形成該機構在 Q1 2026 季度的基本面基石。
僅顯示前 200 大持股（共 294 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 | SLV | iShares Silver Trust | ETF-避險與商品 | 26.79% | -15.72% | -20.86% | |
| 2 | SLV | iShares Silver Trust | ETF-避險與商品 | 18.70% | -13.96% | -31.35% | |
| 3 | ✓ | Spdr S&P 500 Etf Tr Put Option | ETF-大型股與成長 | 9.74% | -5.59% | +1261.39% | |
| 4 | SPY | State Street SPDR S&P 500 ETF Trust | ETF-大型股與成長 | 7.74% | -6.45% | +3669.83% | |
| 5 | GLD | SPDR Gold Shares | ETF-避險與商品 | 5.89% | -0.11% | +347.11% | |
| 6 | IBIT | iShares Bitcoin Trust ETF | ETF-加密貨幣 | 3.52% | -1.31% | +99.32% | |
| 7 | GLD | SPDR Gold Shares | ETF-避險與商品 | 3.50% | -0.33% | -7.41% | |
| 8 | TSLA | Tesla, Inc. | 股票-循環性消費 | 3.29% | -0.30% | +15.76% | |
| 9 | MSFT | Microsoft CORP | 股票-科技 | 2.07% | -0.78% | +231.46% | |
| 10 | MSFT | Microsoft Corporation | 股票-科技 | 2.02% | -0.72% | +227.41% | |
| 11 | IBIT | iShares Bitcoin Trust ETF | ETF-加密貨幣 | 1.15% | +0.17% | +18.90% | |
| 12 | GLD | Spdr Gold Shares | ETF-避險與商品 | 0.88% | -0.66% | +115.86% | |
| 13 | NVDA | NVIDIA Corporation | 股票-科技 | 0.71% | +6.02% | -81.29% | |
| 14 | ✓ | Invesco QQQ Tr Put Option 06/2 | 股票-其他 | 0.69% | +3.19% | — | |
| 15 | TSLA | Tesla Inc | 股票-循環性消費 | 0.63% | +3.29% | -42.42% | |
| 16 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 0.56% | +0.77% | -63.39% | |
| 17 | BE | Bloom Energy Corp- A | 股票-工業 | 0.55% | +0.90% | +3.39% | |
| 18 | MSTR | Strategy Inc | 股票-科技 | 0.44% | -0.29% | -34.67% | |
| 19 | AVGO | Broadcom Inc. | 股票-科技 | 0.44% | -0.42% | +3386.67% | |
| 20 | AVGO | Broadcom Inc | 股票-科技 | 0.43% | -0.42% | +637.99% | |
| 21 | ✓ | Pdd Holdings Inc | 股票-其他 | 0.41% | -0.21% | -14.57% | |
| 22 | MSTR | Strategy Inc | 股票-科技 | 0.38% | -0.23% | -69.24% | |
| 23 | BABA | Alibaba Group Holding-sp Adr | 股票-循環性消費 | 0.37% | -0.33% | +140.02% | |
| 24 | ✓ | Palantir Technologies Inc | 股票-其他 | 0.33% | -0.24% | -60.48% | |
| 25 | SMHC | VanEck China Semiconductor ETF | ETF-新興市場 | 0.31% | +2.47% | +55.27% | |
| 26 | NVDA | Nvidia CORP | 股票-科技 | 0.31% | +5.79% | -90.87% | |
| 27 | BABA | Alibaba Group Holding Limited | 股票-循環性消費 | 0.29% | -0.19% | -10.53% | |
| 28 | ✓ | Pagaya Technologies LTD | 股票-其他 | 0.28% | +0.22% | — | |
| 29 | ✓ | Invesco Qqq Trust | 股票-其他 | 0.26% | -0.19% | +2700.00% | |
| 30 | WBD | Warner Bros. Discovery, Inc. | 股票-通訊服務 | 0.26% | -0.03% | +21.98% | |
| 31 | GDX | Vaneck Gold Miners ETF | ETF-避險與商品 | 0.25% | +0.22% | — | |
| 32 | IBIT | Ishares Bitcoin Trust ETF | ETF-加密貨幣 | 0.24% | -0.11% | +154.69% | |
| 33 | BABA | Alibaba Group Holding Limited | 股票-循環性消費 | 0.23% | -0.14% | +144.73% | |
| 34 | VOD | Vodafone Group Public Limited Company | 股票-通訊服務 | 0.21% | — | — | |
| 35 | KBAB | KraneShares 2x Long BABA Daily ETF | ETF-其他 | 0.20% | -0.05% | -49.68% | |
| 36 | ORCL | Oracle Corporation | 股票-科技 | 0.20% | -0.20% | EXIT | |
| 37 | VSNT | Versant Media Group Inc | 股票-通訊服務 | 0.19% | -0.09% | — | |
| 38 | ✓ | Ishares Tr | 股票-其他 | 0.19% | -0.19% | EXIT | |
| 39 | JD | JD.com, Inc. | 股票-循環性消費 | 0.19% | -0.02% | -73.44% | |
| 40 | ✓ | Warner Bros Discovery Inc | 股票-其他 | 0.19% | -0.11% | -39.96% | |
| 41 | ORCL | Oracle CORP | 股票-科技 | 0.19% | -0.19% | EXIT | |
| 42 | MPC | Marathon Petroleum Corporation | 股票-能源 | 0.17% | -0.16% | +1545.44% | |
| 43 | MARA | Mara Holdings Inc | 股票-金融 | 0.16% | -0.16% | EXIT | |
| 44 | ✓ | Pdd Holdings Inc | 股票-其他 | 0.16% | +0.04% | -2.58% | |
| 45 | COIN | Coinbase Global, Inc. | 股票-金融 | 0.16% | -0.15% | -79.34% | |
| 46 | MSTR | Strategy Inc | 股票-科技 | 0.14% | -0.03% | -49.10% | |
| 47 | MSFT | Microsoft Corporation | 股票-科技 | 0.13% | +0.23% | — | |
| 48 | RIVN | Rivian Automotive, Inc. | 股票-循環性消費 | 0.12% | -0.05% | -14.44% | |
| 49 | BA | Boeing Co/the | 股票-工業 | 0.12% | -0.12% | EXIT | |
| 50 | ✓ | 股票-其他 | 0.11% | -0.02% | +173.37% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | ✓ | Spdr S&P 500 Etf Tr Put Option | +9.1% | +1261.39% | 加碼 |
| 2 | SPY | State Street SPDR S&P 500 ETF Trust | +7.6% | +3669.83% | 加碼 |
| 3 | GLD | SPDR Gold Shares | +4.9% | +347.11% | 加碼 |
| 4 | IBIT | iShares Bitcoin Trust ETF | +1.6% | +99.32% | 加碼 |
| 5 | MSFT | Microsoft CORP | +1.4% | +231.46% | 加碼 |
| 6 | MSFT | Microsoft Corporation | +1.4% | +227.41% | 加碼 |
| 7 | GLD | SPDR Gold Shares | +0.6% | -7.41% | 減碼 |
| 8 | GLD | Spdr Gold Shares | +0.6% | +115.86% | 加碼 |
| 9 | AVGO | Broadcom Inc. | +0.4% | +3386.67% | 加碼 |
| 10 | TSLA | Tesla, Inc. | +0.4% | +15.76% | 加碼 |
| 11 | AVGO | Broadcom Inc | +0.4% | +637.99% | 加碼 |
| 12 | BE | Bloom Energy Corp- A | +0.3% | +3.39% | 加碼 |
| 13 | ✓ | Invesco Qqq Trust | +0.3% | +2700.00% | 加碼 |
| 14 | BABA | Alibaba Group Holding-sp Adr | +0.2% | +140.02% | 加碼 |
| 15 | MPC | Marathon Petroleum Corporation | +0.2% | +1545.44% | 加碼 |
| 16 | ORCL | Oracle CORP | +0.2% | +499.20% | 加碼 |
| 17 | SLV | iShares Silver Trust | +0.2% | -20.86% | 減碼 |
| 18 | SMHC | VanEck China Semiconductor ETF | +0.2% | +55.27% | 加碼 |
| 19 | BABA | Alibaba Group Holding Limited | +0.1% | +144.73% | 加碼 |
| 20 | IBIT | Ishares Bitcoin Trust ETF | +0.1% | +154.69% | 加碼 |
| 21 | MARA | Mara Holdings Inc | +0.1% | +236.55% | 加碼 |
| 22 | IBIT | iShares Bitcoin Trust ETF | +0.1% | +18.90% | 加碼 |
| 23 | BA | Boeing Co/the | +0.1% | +469.32% | 加碼 |
| 24 | WBD | Warner Bros. Discovery, Inc. | +0.1% | +21.98% | 加碼 |
| 25 | ✓ | Trump Media & Technology Gro | +0.1% | +2105.88% | 加碼 |
| 26 | ✓ | +0.1% | +173.37% | 加碼 | |
| 27 | UNH | Unitedhealth Group Inc | +0.1% | +198.76% | 加碼 |
| 28 | ✓ | Core Scientific Inc New | 0% | +469.00% | 加碼 |
| 29 | DJT | Trump Media & Technology Gro | 0% | +841.12% | 加碼 |
| 30 | ✓ | Circle Internet Group Inc | 0% | +29.15% | 加碼 |
| 31 | JD | JD.com, Inc. | 0% | +26.10% | 加碼 |
| 32 | ARM | Arm Holdings plc | 0% | +159.38% | 加碼 |
| 33 | CRCL | Circle Internet Group Inc | 0% | +41.09% | 加碼 |
| 34 | SLV | Ishares Silver Trust | 0% | +300.00% | 加碼 |
| 35 | TLT | iShares 20+ Year Treasury Bond ETF | 0% | +10000.00% | 加碼 |
| 36 | RIVN | Rivian Automotive Inc-a | 0% | +60.01% | 加碼 |
| 37 | ✓ | Pdd Holdings Inc | 0% | -2.58% | 減碼 |
| 38 | AMD | Advanced Micro Devices, Inc. | 0% | +93.75% | 加碼 |
| 39 | S | Sentinelone Inc -class A | 0% | -56.35% | 減碼 |
| 40 | CVNA | Carvana Co | 0% | -44.83% | 減碼 |
| 41 | MU | Micron Technology Inc | 0% | -84.69% | 減碼 |
| 42 | NIO | Nio Inc - Adr | 0% | -78.42% | 減碼 |
| 43 | ✓ | Amazon Com Inc | 0% | -30.59% | 減碼 |
| 44 | PANW | Palo Alto Networks Inc | 0% | -66.00% | 減碼 |
| 45 | BE | Bloom Energy Corporation | 0% | -66.67% | 減碼 |
| 46 | AVGO | Broadcom Inc. | 0% | -64.00% | 減碼 |
| 47 | OPEN | Opendoor Technologies Inc | 0% | -8.72% | 減碼 |
| 48 | ✓ | Chevron CORP New | 0% | -80.39% | 減碼 |
| 49 | SBUX | Starbucks Corporation | 0% | -71.11% | 減碼 |
| 50 | RIVN | Rivian Automotive, Inc. | 0% | -24.58% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Marathon Trading Investment Management LLC 在 Q1 2026 季度的美股持倉總市值約為 US$32.3億，共申報了 294 個公開持股部位。
在 Q1 2026 季度，Marathon Trading Investment Management LLC 按市值排列的前三大核心持股分別為：SLV (26.8%)、SLV (18.7%)、Spdr S&P 500 Etf Tr Put Option (9.7%)。其中最大持股部位 SLV 佔據整體投資組合約 26.8% 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
Invesco QQQ Tr Put Option 06/2
市值: US$2528.0萬
本季最大獲利了結 / 清倉標的
MCHX
前期市值: US$6959.6萬
在 Q1 2026 季度中，Marathon Trading Investment Management LLC 共進行了 200 項持倉異動，包含新建倉 28 個部位、加碼 35 個部位、減碼 78 個部位以及清倉 59 個部位。 其中最大新建倉標的為 Invesco QQQ Tr Put Option 06/2。 本季清倉部位包含 MCHX。
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。