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: 0001027796
申報總市值
US$340.7億
US$340.7億
158 檔
18.9%
根據最新整理的 13F 季度數據集，Pzena Investment Management LLC 於 Q1 2026 結束時的管理資產規模為 US$340.7億。該機構在本季度申報了 158 檔美股持倉，呈現出該時期的主要投資地圖。
Pzena 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 9 個全新部位及加碼 65 檔持股的同時，亦同步清倉 8 檔並減碼 74 檔標的。
檢視投資組合結構，前 5 大主力部位（包含 MGA, CTSH, TSN）占據了總市值的 18.9%，展現出該機構在 Q1 2026 的重點資金聚焦與風險分佈特徵。
| # | 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 | MGA | Magna International Inc | 股票-循環性消費 | 6.39% | +0.15% | -13.00% | |
| 2 | CTSH | Cognizant Tech Solutions-a | 股票-科技 | 4.04% | -1.02% | +14.94% | |
| 3 | TSN | Tyson Foods Inc-cl A | 股票-非循環性消費 | 3.57% | -0.71% | +12.05% | |
| 4 | BAX | Baxter International Inc | 股票-醫療保健 | 3.52% | +0.57% | -7.88% | |
| 5 | BMY | Bristol-myers Squibb Co | 股票-醫療保健 | 3.37% | -0.49% | -4.72% | |
| 6 | CVS | Cvs Health CORP | 股票-醫療保健 | 3.21% | +0.36% | -11.61% | |
| 7 | HUM | Humana Inc | 股票-醫療保健 | 3.08% | +2.05% | +34.35% | |
| 8 | C | Citigroup Inc | 股票-金融 | 3.01% | -0.73% | -22.98% | |
| 9 | SWKS | Skyworks Solutions Inc | 股票-科技 | 2.80% | +0.38% | +27.57% | |
| 10 | COF | Capital One Financial CORP | 股票-金融 | 2.71% | — | -8.78% | |
| 11 | DOX | Amdocs Limited | 股票-科技 | 2.69% | -0.62% | +5.35% | |
| 12 | DG | Dollar General CORP | 股票-非循環性消費 | 2.66% | +0.79% | -35.40% | |
| 13 | LEA | Lear CORP | 股票-循環性消費 | 2.66% | -0.05% | -9.49% | |
| 14 | UBS | UBS Group AG | 股票-金融 | 2.65% | +0.01% | -10.85% | |
| 15 | MET | Metlife Inc | 股票-金融 | 2.60% | +0.16% | -4.88% | |
| 16 | PPG | Ppg Industries Inc | 股票-原物料 | 2.60% | +0.18% | +5.35% | |
| 17 | DOW | Dow Inc | 股票-原物料 | 2.56% | -1.56% | -31.42% | |
| 18 | GPN | Global Payments Inc | 股票-工業 | 2.54% | -0.05% | +1.80% | |
| 19 | NOV | Nov Inc | 股票-能源 | 2.29% | -0.31% | -10.98% | |
| 20 | WFC | Wells Fargo & Co | 股票-金融 | 2.27% | -0.13% | -12.10% | |
| 21 | SSNC | Ss&c Technologies Holdings | 股票-科技 | 2.13% | -0.12% | -5.96% | |
| 22 | CRBG | Corebridge Financial Inc | 股票-金融 | 2.10% | +0.74% | +14.44% | |
| 23 | NOK | Nokia Corp-spon Adr | 股票-科技 | 1.66% | -1.46% | -31.02% | |
| 24 | ACN | Accenture plc | 股票-科技 | 1.55% | +0.33% | +83.96% | |
| 25 | PVH | Pvh CORP | 股票-循環性消費 | 1.31% | -0.01% | -6.87% | |
| 26 | AVT | Avnet Inc | 股票-科技 | 1.14% | -0.33% | -19.12% | |
| 27 | UHS | Universal Health Services-b | 股票-醫療保健 | 1.11% | -0.25% | -9.48% | |
| 28 | FMS | Fresenius Medical Care-adr | 股票-其他 | 1.10% | -0.10% | +2.03% | |
| 29 | BAC | Bank Of America CORP | 股票-金融 | 1.02% | +0.04% | -0.88% | |
| 30 | BAP | Credicorp Ltd. | 股票-金融 | 1.00% | -0.04% | -14.68% | |
| 31 | SHEL | Shell Plc-adr | 股票-能源 | 0.97% | -0.38% | -2.47% | |
| 32 | MDT | Medtronic plc | 股票-醫療保健 | 0.89% | -0.17% | -1.92% | |
| 33 | VOYA | Voya Financial Inc | 股票-金融 | 0.81% | +0.13% | +1.29% | |
| 34 | AAP | Advance Auto Parts Inc | 股票-循環性消費 | 0.74% | +0.06% | +8.24% | |
| 35 | KSPI | Jsc Kaspi.kz Adr | 股票-其他 | 0.64% | +0.14% | -1.23% | |
| 36 | ZTO | Zto Express Cayman Inc-adr | 股票-其他 | 0.61% | -0.13% | -1.58% | |
| 37 | DAL | Delta Air Lines Inc | 股票-工業 | 0.61% | +0.11% | -5.87% | |
| 38 | LKQ | Lkq CORP | 股票-循環性消費 | 0.59% | +0.58% | +42.23% | |
| 39 | SPB | Spectrum Brands Holdings Inc | 股票-其他 | 0.56% | +0.05% | -2.64% | |
| 40 | PFE | Pfizer Inc | 股票-醫療保健 | 0.54% | -0.12% | -9.22% | |
| 41 | EQH | Equitable Holdings Inc | 股票-金融 | 0.54% | +0.18% | +3.21% | |
| 42 | NWL | Newell Brands Inc | 股票-非循環性消費 | 0.53% | +0.33% | -4.43% | |
| 43 | HAL | Halliburton Co | 股票-能源 | 0.51% | -0.12% | -23.75% | |
| 44 | CI | THE Cigna Group | 股票-醫療保健 | 0.50% | -0.05% | +1.33% | |
| 45 | KT | Kt Corp-sp Adr | 股票-其他 | 0.50% | -0.13% | — | |
| 46 | RHI | Robert Half Inc | 股票-工業 | 0.49% | +0.07% | +35.77% | |
| 47 | GL | Globe Life Inc | 股票-金融 | 0.46% | +0.25% | +5.14% | |
| 48 | GLOB | Globant S.A. | 股票-科技 | 0.44% | -0.11% | — | |
| 49 | CDW | Cdw Corp/de | 股票-科技 | 0.44% | +0.65% | — | |
| 50 | OLN | Olin CORP | 股票-原物料 | 0.43% | -0.20% | -1.69% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | TSN | Tyson Foods Inc-cl A | +0.9% | +12.05% | 加碼 |
| 2 | DOW | Dow Inc | +0.6% | -31.42% | 減碼 |
| 3 | ACN | Accenture plc | +0.5% | +83.96% | 加碼 |
| 4 | BMY | Bristol-myers Squibb Co | +0.5% | -4.72% | 減碼 |
| 5 | PPG | Ppg Industries Inc | +0.4% | +5.35% | 加碼 |
| 6 | SWKS | Skyworks Solutions Inc | +0.4% | +27.57% | 加碼 |
| 7 | NOV | Nov Inc | +0.3% | -10.98% | 減碼 |
| 8 | AAP | Advance Auto Parts Inc | +0.3% | +8.24% | 加碼 |
| 9 | SHEL | Shell Plc-adr | +0.3% | -2.47% | 減碼 |
| 10 | LKQ | Lkq CORP | +0.2% | +42.23% | 加碼 |
| 11 | OLN | Olin CORP | +0.2% | -1.69% | 減碼 |
| 12 | SPB | Spectrum Brands Holdings Inc | +0.1% | -2.64% | 減碼 |
| 13 | ZTO | Zto Express Cayman Inc-adr | +0.1% | -1.58% | 減碼 |
| 14 | TFX | Teleflex Inc | +0.1% | +84.24% | 加碼 |
| 15 | RHI | Robert Half Inc | +0.1% | +35.77% | 加碼 |
| 16 | AVT | Avnet Inc | +0.1% | -19.12% | 減碼 |
| 17 | MMI | Marcus & Millichap Inc | +0.1% | +227.64% | 加碼 |
| 18 | FITB | Fifth Third Bancorp | +0.1% | +74.43% | 加碼 |
| 19 | LEA | Lear CORP | +0.1% | -9.49% | 減碼 |
| 20 | XOM | Exxon Mobil CORP | +0.1% | -6.60% | 減碼 |
| 21 | HUN | Huntsman CORP | +0.1% | +1.95% | 加碼 |
| 22 | BAP | Credicorp Ltd. | +0.1% | -14.68% | 減碼 |
| 23 | WAB | Wabtec CORP | +0.1% | +0.37% | 加碼 |
| 24 | PVH | Pvh CORP | +0.1% | -6.87% | 減碼 |
| 25 | ARCO | Arcos Dorados Holdings Inc. | +0.1% | +1.69% | 加碼 |
| 26 | HAL | Halliburton Co | +0.1% | -23.75% | 減碼 |
| 27 | KOP | Koppers Holdings Inc | +0.1% | +0.43% | 加碼 |
| 28 | FMS | Fresenius Medical Care-adr | +0.1% | +2.03% | 加碼 |
| 29 | WSFS | Wsfs Financial CORP | +0.1% | +0.20% | 加碼 |
| 30 | STZ | Constellation Brands Inc-a | +0.1% | +1.00% | 加碼 |
| 31 | GL | Globe Life Inc | +0.1% | +5.14% | 加碼 |
| 32 | ST | Sensata Technologies Holding plc | +0.1% | -0.77% | 減碼 |
| 33 | PFE | Pfizer Inc | +0.1% | -9.22% | 減碼 |
| 34 | ABM | Abm Industries Inc | 0% | +30.00% | 加碼 |
| 35 | TGT | Target CORP | 0% | -0.23% | 減碼 |
| 36 | KNX | Knight-swift Transportation | 0% | -0.44% | 減碼 |
| 37 | HDB | Hdfc Bank Ltd-adr | 0% | +81.23% | 加碼 |
| 38 | ARW | Arrow Electronics Inc | 0% | -0.03% | 減碼 |
| 39 | ONL | Orion Properties Inc. | 0% | +0.38% | 加碼 |
| 40 | COLB | Columbia Banking System Inc | 0% | +12.68% | 加碼 |
| 41 | ASB | Associated Banc-corp | 0% | +10.19% | 加碼 |
| 42 | ADNT | Adient plc | 0% | -1.14% | 減碼 |
| 43 | CI | THE Cigna Group | 0% | +1.33% | 加碼 |
| 44 | MSM | Msc Industrial Direct Co-a | 0% | -0.01% | 減碼 |
| 45 | AHQ | American Woodmark CORP | 0% | +42.89% | 加碼 |
| 46 | ONB | Old National Bancorp | 0% | +6.97% | 加碼 |
| 47 | WCC | Wesco International Inc | 0% | -0.03% | 減碼 |
| 48 | CNO | Cno Financial Group Inc | 0% | +0.33% | 加碼 |
| 49 | MYE | Myers Industries Inc | 0% | -1.36% | 減碼 |
| 50 | OSK | Oshkosh CORP | 0% | -14.56% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Pzena Investment Management LLC 在 Q1 2026 季度的美股持倉總市值約為 US$340.7億，共申報了 158 個公開持股部位。
在 Q1 2026 季度，Pzena Investment Management LLC 按市值排列的前三大核心持股分別為：MGA (6.4%)、CTSH (4.0%)、TSN (3.6%)。其中最大持股部位 MGA 佔據整體投資組合約 6.4% 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
KT
市值: US$1.5億
本季最大獲利了結 / 清倉標的
CMA
前期市值: US$3251.2萬
在 Q1 2026 季度中，Pzena Investment Management LLC 共進行了 156 項持倉異動，包含新建倉 9 個部位、加碼 65 個部位、減碼 74 個部位以及清倉 8 個部位。 其中最大新建倉標的為 KT。 本季清倉部位包含 CMA。
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。