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: 0001080493
申報總市值
US$15.2億
US$15.2億
232 檔
20.0%
根據最新整理的 13F 季度數據集，Marco Investment Management LLC 於 Q1 2026 結束時的管理資產規模為 US$15.2億。該機構在本季度申報了 232 檔美股持倉，呈現出該時期的主要投資地圖。
Marco Investment Management LLC 在 Q1 2026 進行了結構性的板塊輪動與部位換股。在開立 11 個全新部位及加碼 57 檔持股的同時，亦同步清倉 7 檔並減碼 73 檔標的。
檢視投資組合結構，前 5 大主力部位（包含 AVGO, AAPL, CAT）占據了總市值的 20.0%，展現出該機構在 Q1 2026 的重點資金聚焦與風險分佈特徵。
僅顯示前 200 大持股（共 232 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 | AVGO | Broadcom Inc | 股票-科技 | 7.55% | +0.17% | -1.51% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 5.20% | -0.19% | +0.89% | |
| 3 | CAT | Caterpillar Inc | 股票-工業 | 3.72% | +0.99% | -1.85% | |
| 4 | JPM | Jpmorgan Chase & Co | 股票-金融 | 3.50% | -0.10% | +1.36% | |
| 5 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 3.02% | -0.56% | -0.08% | |
| 6 | KLAC | Kla CORP | 股票-科技 | 2.62% | +1.73% | -1.72% | |
| 7 | MSFT | Microsoft CORP | 股票-科技 | 2.47% | -0.32% | -0.07% | |
| 8 | GS | Goldman Sachs Group Inc | 股票-金融 | 2.43% | +0.09% | -16.35% | |
| 9 | WMT | Walmart Inc | 股票-非循環性消費 | 2.37% | -0.49% | -3.22% | |
| 10 | ABBV | Abbvie Inc | 股票-醫療保健 | 2.29% | +0.02% | +0.07% | |
| 11 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 2.10% | +0.14% | +0.02% | |
| 12 | QCOM | Qualcomm Inc | 股票-科技 | 1.94% | +0.45% | -0.92% | |
| 13 | CI | THE Cigna Group | 股票-醫療保健 | 1.90% | -0.18% | +1.10% | |
| 14 | LOW | Lowe's Cos Inc | 股票-循環性消費 | 1.90% | -0.35% | -0.02% | |
| 15 | CSCO | Cisco Systems Inc | 股票-科技 | 1.74% | +0.51% | -0.98% | |
| 16 | PANW | Palo Alto Networks Inc | 股票-科技 | 1.70% | +1.44% | +1.71% | |
| 17 | AXP | American Express Co | 股票-金融 | 1.60% | -0.06% | +0.30% | |
| 18 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 1.56% | +0.53% | +0.47% | |
| 19 | EPD | Enterprise Products Partners | 股票-能源 | 1.51% | -0.23% | -0.11% | |
| 20 | HD | Home Depot Inc | 股票-循環性消費 | 1.43% | -0.08% | -3.91% | |
| 21 | GDX | Vaneck Gold Miners ETF | ETF-避險與商品 | 1.42% | -0.40% | +0.10% | |
| 22 | SYK | Stryker CORP | 股票-醫療保健 | 1.40% | -0.21% | +1.09% | |
| 23 | KO | Coca-cola Co/the | 股票-非循環性消費 | 1.38% | -0.12% | -2.15% | |
| 24 | SIL | Global X Silver Miners ETF | ETF-避險與商品 | 1.36% | -0.34% | +6572.00% | |
| 25 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 1.30% | +0.01% | +0.59% | |
| 26 | ORCL | Oracle CORP | 股票-科技 | 1.29% | -0.17% | +1.10% | |
| 27 | NXPI | NXP Semiconductors N.V. | 股票-科技 | 1.18% | +0.28% | +0.97% | |
| 28 | AMGN | Amgen Inc | 股票-醫療保健 | 1.16% | -0.13% | -0.23% | |
| 29 | UNP | Union Pacific CORP | 股票-工業 | 1.11% | -0.01% | +1.16% | |
| 30 | COP | Conocophillips | 股票-能源 | 1.10% | -0.34% | -0.27% | |
| 31 | PSX | Phillips 66 | 股票-能源 | 1.07% | -0.23% | -0.19% | |
| 32 | LYB | LyondellBasell Industries N.V. | 股票-原物料 | 1.05% | -0.39% | -1.98% | |
| 33 | LRCXEUR | Lam Research CORP | 股票-科技 | 0.96% | +0.47% | -0.84% | |
| 34 | XOM | Exxon Mobil CORP | 股票-能源 | 0.91% | -0.27% | -5.29% | |
| 35 | AMZN | Amazon.com Inc | 股票-循環性消費 | 0.90% | -0.03% | +16.61% | |
| 36 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.87% | -0.06% | +0.18% | |
| 37 | HON | Honeywell International Inc | 股票-工業 | 0.86% | -0.86% | EXIT | |
| 38 | UPS | United Parcel Service-cl B | 股票-工業 | 0.84% | -0.04% | +0.90% | |
| 39 | MTZ | Mastec Inc | 股票-工業 | 0.84% | +0.09% | -0.17% | |
| 40 | NOC | Northrop Grumman CORP | 股票-工業 | 0.81% | -0.28% | -0.78% | |
| 41 | CRM | Salesforce Inc | 股票-科技 | 0.80% | -0.19% | +2.76% | |
| 42 | AFL | Aflac Inc | 股票-金融 | 0.74% | -0.06% | -0.17% | |
| 43 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.64% | -0.07% | -0.51% | |
| 44 | NVDA | Nvidia CORP | 股票-科技 | 0.62% | -0.09% | -0.69% | |
| 45 | MDT | Medtronic plc | 股票-醫療保健 | 0.61% | -0.13% | -0.42% | |
| 46 | LHX | L3harris Technologies Inc | 股票-工業 | 0.61% | -0.16% | -1.19% | |
| 47 | SCHW | Schwab (charles) CORP | 股票-金融 | 0.54% | -0.07% | — | |
| 48 | PWR | Quanta Services Inc | 股票-工業 | 0.54% | +0.07% | -3.45% | |
| 49 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.53% | -0.05% | +0.27% | |
| 50 | J | Jacobs Solutions Inc | 股票-工業 | 0.53% | -0.06% | -0.05% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | SIL | Global X Silver Miners ETF | +1.3% | +6572.00% | 加碼 |
| 2 | CAT | Caterpillar Inc | +0.7% | -1.85% | 減碼 |
| 3 | LYB | LyondellBasell Industries N.V. | +0.5% | -1.98% | 減碼 |
| 4 | KLAC | Kla CORP | +0.4% | -1.72% | 減碼 |
| 5 | COST | Costco Wholesale CORP | +0.4% | -0.08% | 減碼 |
| 6 | COP | Conocophillips | +0.3% | -0.27% | 減碼 |
| 7 | PSX | Phillips 66 | +0.3% | -0.19% | 減碼 |
| 8 | MTZ | Mastec Inc | +0.3% | -0.17% | 減碼 |
| 9 | EPD | Enterprise Products Partners | +0.2% | -0.11% | 減碼 |
| 10 | XOM | Exxon Mobil CORP | +0.2% | -5.29% | 減碼 |
| 11 | LRCXEUR | Lam Research CORP | +0.2% | -0.84% | 減碼 |
| 12 | WMT | Walmart Inc | +0.2% | -3.22% | 減碼 |
| 13 | NOC | Northrop Grumman CORP | +0.1% | -0.78% | 減碼 |
| 14 | HON | Honeywell International Inc | +0.1% | -0.99% | 減碼 |
| 15 | MRK | Merck & Co. Inc. | +0.1% | +0.18% | 加碼 |
| 16 | EOG | Eog Resources Inc | +0.1% | +2.10% | 加碼 |
| 17 | PWR | Quanta Services Inc | +0.1% | -3.45% | 減碼 |
| 18 | GDX | Vaneck Gold Miners ETF | +0.1% | +0.10% | 加碼 |
| 19 | IVV | Ishares Core S&p 500 ETF | +0.1% | +183.74% | 加碼 |
| 20 | LHX | L3harris Technologies Inc | +0.1% | -1.19% | 減碼 |
| 21 | KO | Coca-cola Co/the | +0.1% | -2.15% | 減碼 |
| 22 | JNJ | Johnson & Johnson | +0.1% | +0.27% | 加碼 |
| 23 | AMGN | Amgen Inc | +0.1% | -0.23% | 減碼 |
| 24 | APA | Apa CORP | +0.1% | +0.01% | 加碼 |
| 25 | UNP | Union Pacific CORP | +0.1% | +1.16% | 加碼 |
| 26 | MRVL | Marvell Technology Inc | +0.1% | -1.72% | 減碼 |
| 27 | INTC | Intel CORP | +0.1% | -2.40% | 減碼 |
| 28 | BMY | Bristol-myers Squibb Co | +0.1% | +32.08% | 加碼 |
| 29 | VZ | Verizon Communications Inc | +0.1% | -3.69% | 減碼 |
| 30 | AMZN | Amazon.com Inc | +0.1% | +16.61% | 加碼 |
| 31 | ETN | Eaton Corporation plc | 0% | +0.03% | 加碼 |
| 32 | CVX | Chevron CORP | 0% | -1.67% | 減碼 |
| 33 | TTE | TotalEnergies SE | 0% | — | 不變 |
| 34 | DUK | Duke Energy CORP | 0% | -0.18% | 減碼 |
| 35 | DLR | Digital Realty Trust Inc | 0% | — | 不變 |
| 36 | BHP | Bhp Group Ltd-spon Adr | 0% | -0.50% | 減碼 |
| 37 | RTX | Rtx CORP | 0% | +7.88% | 加碼 |
| 38 | IJH | Ishares Core S&p Midcap ETF | 0% | +20.52% | 加碼 |
| 39 | DOW | Dow Inc | 0% | -2.86% | 減碼 |
| 40 | DRI | Darden Restaurants Inc | 0% | +9.84% | 加碼 |
| 41 | MP | Mp Materials CORP | 0% | +23.56% | 加碼 |
| 42 | GILD | Gilead Sciences Inc | 0% | — | 不變 |
| 43 | PFE | Pfizer Inc | 0% | -3.17% | 減碼 |
| 44 | XLE | Ss Energy Select Sector | 0% | — | 不變 |
| 45 | CTVA | Corteva Inc | 0% | — | 不變 |
| 46 | Q | Qnity Electronics Inc | 0% | — | 不變 |
| 47 | MO | Altria Group Inc | 0% | +1.56% | 加碼 |
| 48 | TJX | Tjx Companies Inc | 0% | +1.08% | 加碼 |
| 49 | O | Realty Income CORP | 0% | -2.55% | 減碼 |
| 50 | TXN | Texas Instruments Inc | 0% | — | 不變 |
根據 SEC 官方 Form 13F 申報備案，Marco Investment Management LLC 在 Q1 2026 季度的美股持倉總市值約為 US$15.2億，共申報了 232 個公開持股部位。
在 Q1 2026 季度，Marco Investment Management LLC 按市值排列的前三大核心持股分別為：AVGO (7.5%)、AAPL (5.2%)、CAT (3.7%)。其中最大持股部位 AVGO 佔據整體投資組合約 7.5% 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
COPX
市值: US$644.4萬
本季最大獲利了結 / 清倉標的
EXK
前期市值: US$485.0萬
在 Q1 2026 季度中，Marco Investment Management LLC 共進行了 148 項持倉異動，包含新建倉 11 個部位、加碼 57 個部位、減碼 73 個部位以及清倉 7 個部位。 其中最大新建倉標的為 COPX。 本季清倉部位包含 EXK。
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。