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: 0001663865
申報總市值
US$291.0億
US$291.0億
91 檔
18.8%
在 Q1 2026 申報期間，Orbis Allan Gray Ltd（CIK: 0001663865）向美國 SEC 提交的 Form 13F 報告顯示，其追蹤之股票投資組合總市值達 US$291.0億，共持有 91 個公開申報部位。
在 Q1 2026 期間，Orbis Allan Gray Ltd 展現了靈活的資產再平衡步調，透過出清 8 檔弱勢或達到目標價部位，將資金轉置於 10 檔新建倉標的之中。
在資產配置集中度方面，Orbis Allan Gray Ltd 的前 5 大核心持股（包含 CPAY, QXO, NBIS 等）合計佔整體申報市值的 18.8%，反映機構在主要關鍵部位上的權重分佈。
| # | 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 | CPAY | Corpay Inc | 股票-科技 | 6.56% | -0.37% | +7.17% | |
| 2 | QXO | Qxo Inc | 股票-工業 | 6.06% | -1.67% | -13.49% | |
| 3 | NBIS | Nebius Group N.V. | 股票-其他 | 3.64% | +2.52% | +149.29% | |
| 4 | MSI | Motorola Solutions Inc | 股票-科技 | 3.42% | -0.01% | +45.74% | |
| 5 | PRAX | Praxis Precision Medicines I | 股票-其他 | 3.36% | -1.60% | +96.98% | |
| 6 | EQT | Eqt CORP | 股票-能源 | 3.25% | -0.38% | +248.16% | |
| 7 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 3.05% | -0.18% | -5.65% | |
| 8 | GXO | Gxo Logistics Inc | 股票-工業 | 2.94% | -0.60% | — | |
| 9 | XPO | Xpo Inc | 股票-工業 | 2.80% | -0.40% | -6.67% | |
| 10 | BRKR | Bruker CORP | 股票-醫療保健 | 2.73% | +0.98% | +20.35% | |
| 11 | WLK | Westlake CORP | 股票-原物料 | 2.61% | -2.09% | +20.67% | |
| 12 | ITUB | Itau Unibanco H-spon Prf Adr | 股票-金融 | 2.45% | -0.17% | -15.20% | |
| 13 | STE | STERIS plc | 股票-醫療保健 | 2.42% | -0.48% | +15.27% | |
| 14 | NEM | Newmont CORP | 股票-原物料 | 2.36% | -0.58% | -18.22% | |
| 15 | FSV | Firstservice CORP | 股票-其他 | 2.33% | -0.35% | +99.94% | |
| 16 | SW | Smurfit Westrock Plc | 股票-循環性消費 | 2.32% | -1.38% | -1.30% | |
| 17 | RXO | Rxo Inc | 股票-其他 | 2.24% | +1.21% | +4.96% | |
| 18 | BTI | British American Tob-sp Adr | 股票-非循環性消費 | 1.90% | -0.33% | -17.15% | |
| 19 | ALNY | Alnylam Pharmaceuticals Inc | 股票-醫療保健 | 1.86% | +0.20% | -17.51% | |
| 20 | CNK | Cinemark Holdings Inc | 股票-其他 | 1.81% | -0.17% | — | |
| 21 | CX | Cemex Sab-spons Adr Part Cer | 股票-其他 | 1.79% | -0.62% | +2.79% | |
| 22 | IBKR | Interactive Brokers Gro-cl A | 股票-金融 | 1.73% | +0.09% | -34.03% | |
| 23 | NTES | Netease Inc-adr | 股票-通訊服務 | 1.69% | -0.15% | +5.75% | |
| 24 | SHEL | Shell Plc-adr | 股票-能源 | 1.61% | +0.75% | +178.64% | |
| 25 | KMI | Kinder Morgan, Inc. | 股票-能源 | 1.60% | -0.30% | +7.19% | |
| 26 | NVDA | Nvidia CORP | 股票-科技 | 1.54% | +0.14% | — | |
| 27 | DIS | Walt Disney Co/the | 股票-通訊服務 | 1.52% | -0.28% | +4.82% | |
| 28 | GMAB | Genmab A/s -sp Adr | 股票-其他 | 1.46% | -0.39% | -10.35% | |
| 29 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 1.31% | +3.10% | +139.92% | |
| 30 | VALE | Vale Sa-sp Adr | 股票-原物料 | 1.30% | -0.56% | +6.20% | |
| 31 | INSM | Insmed Inc | 股票-醫療保健 | 1.29% | +0.94% | -55.20% | |
| 32 | CRSP | CRISPR Therapeutics AG | 股票-醫療保健 | 1.23% | -0.21% | +2.62% | |
| 33 | DEO | Diageo Plc-sponsored Adr | 股票-非循環性消費 | 1.16% | +0.16% | +112.97% | |
| 34 | FNV | Franco-nevada CORP | 股票-原物料 | 1.12% | -0.20% | -23.40% | |
| 35 | B | Barrick Mining CORP | 股票-原物料 | 1.04% | -0.20% | -9.90% | |
| 36 | AR | Antero Resources CORP | 股票-能源 | 0.87% | -0.32% | +554.75% | |
| 37 | SRRK | Scholar Rock Holding CORP | 股票-其他 | 0.87% | +0.25% | +21.90% | |
| 38 | GLD | Spdr Gold Shares | ETF-避險與商品 | 0.86% | -0.23% | -9.53% | |
| 39 | TBBB | BBB Foods Inc. | 股票-其他 | 0.84% | +0.12% | +71.69% | |
| 40 | IMAX | Imax CORP | 股票-其他 | 0.83% | -0.12% | — | |
| 41 | RNR | RenaissanceRe Holdings Ltd. | 股票-金融 | 0.81% | -0.22% | +2.13% | |
| 42 | RHI | Robert Half Inc | 股票-工業 | 0.81% | +0.23% | — | |
| 43 | PDD | Pdd Holdings Inc | 股票-循環性消費 | 0.75% | +0.65% | +49.28% | |
| 44 | AES | Aes CORP | 股票-公用事業 | 0.73% | -0.73% | EXIT | |
| 45 | SE | Sea Ltd-adr | 股票-通訊服務 | 0.64% | -0.47% | -32.10% | |
| 46 | CRC | California Resources CORP | 股票-能源 | 0.64% | -0.20% | +13.02% | |
| 47 | R | Ryder System Inc | 股票-工業 | 0.61% | -0.33% | -26.98% | |
| 48 | EAT | Brinker International Inc | 股票-循環性消費 | 0.56% | -0.02% | — | |
| 49 | DYN | Dyne Therapeutics Inc | 股票-其他 | 0.52% | +0.01% | +40.82% | |
| 50 | RRC | Range Resources CORP | 股票-能源 | 0.52% | +0.34% | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | EQT | Eqt CORP | +2.5% | +248.16% | 加碼 |
| 2 | NBIS | Nebius Group N.V. | +2.5% | +149.29% | 加碼 |
| 3 | PRAX | Praxis Precision Medicines I | +1.8% | +96.98% | 加碼 |
| 4 | MSI | Motorola Solutions Inc | +1.4% | +45.74% | 加碼 |
| 5 | WLK | Westlake CORP | +1.3% | +20.67% | 加碼 |
| 6 | SHEL | Shell Plc-adr | +1.2% | +178.64% | 加碼 |
| 7 | FSV | Firstservice CORP | +1% | +99.94% | 加碼 |
| 8 | AR | Antero Resources CORP | +0.8% | +554.75% | 加碼 |
| 9 | XPO | Xpo Inc | +0.7% | -6.67% | 減碼 |
| 10 | BKNG | Booking Holdings Inc | +0.6% | +139.92% | 加碼 |
| 11 | DEO | Diageo Plc-sponsored Adr | +0.5% | +112.97% | 加碼 |
| 12 | RXO | Rxo Inc | +0.4% | +4.96% | 加碼 |
| 13 | TBBB | BBB Foods Inc. | +0.4% | +71.69% | 加碼 |
| 14 | KMI | Kinder Morgan, Inc. | +0.4% | +7.19% | 加碼 |
| 15 | CNK | Cinemark Holdings Inc | +0.3% | — | 不變 |
| 16 | VALE | Vale Sa-sp Adr | +0.3% | +6.20% | 加碼 |
| 17 | CRC | California Resources CORP | +0.3% | +13.02% | 加碼 |
| 18 | CPAY | Corpay Inc | +0.3% | +7.17% | 加碼 |
| 19 | MICC | The Magnum Ice Cream Company N. | +0.2% | +850.56% | 加碼 |
| 20 | SRRK | Scholar Rock Holding CORP | +0.2% | +21.90% | 加碼 |
| 21 | PDD | Pdd Holdings Inc | +0.2% | +49.28% | 加碼 |
| 22 | DYN | Dyne Therapeutics Inc | +0.1% | +40.82% | 加碼 |
| 23 | AM | Antero Midstream CORP | +0.1% | +60.46% | 加碼 |
| 24 | ENB | Enbridge Inc | +0.1% | +16.10% | 加碼 |
| 25 | EDU | New Oriental Educatio-sp Adr | +0.1% | +39.81% | 加碼 |
| 26 | HDB | Hdfc Bank Ltd-adr | +0.1% | +155.11% | 加碼 |
| 27 | RNR | RenaissanceRe Holdings Ltd. | +0.1% | +2.13% | 加碼 |
| 28 | ON | On Semiconductor | +0.1% | +12.49% | 加碼 |
| 29 | SW | Smurfit Westrock Plc | +0.1% | -1.30% | 減碼 |
| 30 | GNRC | Generac Holdings Inc | +0.1% | +3.67% | 加碼 |
| 31 | NU | Nu Holdings Ltd. | +0.1% | +39.73% | 加碼 |
| 32 | EME | Emcor Group Inc | +0.1% | +16.03% | 加碼 |
| 33 | CX | Cemex Sab-spons Adr Part Cer | +0.1% | +2.79% | 加碼 |
| 34 | BWXT | Bwx Technologies Inc | 0% | -3.60% | 減碼 |
| 35 | NKE | Nike Inc -cl B | 0% | +40.99% | 加碼 |
| 36 | PTLO | Portillo's Inc-cl A | 0% | +1.05% | 加碼 |
| 37 | IMAX | Imax CORP | 0% | — | 不變 |
| 38 | STE | STERIS plc | 0% | +15.27% | 加碼 |
| 39 | MCS | Marcus Corporation | 0% | +2.44% | 加碼 |
| 40 | KB | Kb Financial Group Inc-adr | 0% | -4.80% | 減碼 |
| 41 | SYNA | Synaptics Inc | 0% | +7.99% | 加碼 |
| 42 | ITUB | Itau Unibanco H-spon Prf Adr | — | -15.20% | 減碼 |
| 43 | AU | AngloGold Ashanti plc | — | -14.70% | 減碼 |
| 44 | SLGN | Silgan Holdings Inc | — | +1.29% | 加碼 |
| 45 | HNRG | Hallador Energy Co | — | +18.10% | 加碼 |
| 46 | TSM | Taiwan Semiconductor-sp Adr | — | — | 不變 |
| 47 | DAO | Youdao Inc - Adr | 0% | -2.95% | 減碼 |
| 48 | GLD | Spdr Gold Shares | 0% | -9.53% | 減碼 |
| 49 | G | Genpact Limited | 0% | -13.32% | 減碼 |
| 50 | GXO | Gxo Logistics Inc | 0% | — | 不變 |
根據 SEC 官方 Form 13F 申報備案，Orbis Allan Gray Ltd 在 Q1 2026 季度的美股持倉總市值約為 US$291.0億，共申報了 91 個公開持股部位。
在 Q1 2026 季度，Orbis Allan Gray Ltd 按市值排列的前三大核心持股分別為：CPAY (6.6%)、QXO (6.1%)、NBIS (3.6%)。其中最大持股部位 CPAY 佔據整體投資組合約 6.6% 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$3.6億
本季最大獲利了結 / 清倉標的
UNH
前期市值: US$8.5億
在 Q1 2026 季度中，Orbis Allan Gray Ltd 共進行了 95 項持倉異動，包含新建倉 10 個部位、加碼 43 個部位、減碼 34 個部位以及清倉 8 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。