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: 0002108398
申報總市值
US$2.1億
US$2.1億
127 檔
21.3%
根據最新整理的 13F 季度數據集，Reflection Asset Management 於 Q1 2026 結束時的管理資產規模為 US$2.1億。該機構在本季度申報了 127 檔美股持倉，呈現出該時期的主要投資地圖。
Reflection Asset Management 在 Q1 2026 的調整主要集中於風險出清，清倉與減碼部位合計達 125 檔，反映機構對當前市場環境或個別公司估值採取較為保留之看法。
整體而言，Reflection Asset Management 的前 5 大持股（包含 AAPL, NVDA, MSFT）貢獻了組合市值的 21.3%，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 | AAPL | Apple Inc | 股票-科技 | 8.71% | -1.09% | +95.76% | |
| 2 | NVDA | Nvidia CORP | 股票-科技 | 7.27% | -0.57% | +53.46% | |
| 3 | MSFT | Microsoft CORP | 股票-科技 | 4.54% | -0.64% | +35.53% | |
| 4 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 3.71% | -0.84% | +130.28% | |
| 5 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 3.65% | -0.57% | +4.96% | |
| 6 | IVV | Ishares Core S&p 500 ETF | ETF-大型股與成長 | 3.36% | -0.69% | +13.11% | |
| 7 | AMZN | Amazon.com Inc | 股票-循環性消費 | 3.17% | -0.56% | +80.74% | |
| 8 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 2.21% | +0.18% | -1.44% | |
| 9 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 1.96% | -0.48% | +34.94% | |
| 10 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 1.89% | +0.99% | +11.45% | |
| 11 | LRCX | Lam Research CORP | 股票-科技 | 1.64% | +0.49% | -12.31% | |
| 12 | KLAC | Kla CORP | 股票-科技 | 1.60% | +0.39% | +3.99% | |
| 13 | PRIV | Ss Ig Publ Priv Cred Etf-usd | ETF-其他 | 1.56% | -1.07% | -1.93% | |
| 14 | L | Loews CORP | 股票-金融 | 1.53% | -0.26% | +33.52% | |
| 15 | AMAT | Applied Materials Inc | 股票-科技 | 1.45% | +0.68% | +483.88% | |
| 16 | DELL | Dell Technologies -c | 股票-科技 | 1.44% | +0.85% | +2006.47% | |
| 17 | APH | Amphenol Corp-cl A | 股票-科技 | 1.44% | +0.22% | +27.85% | |
| 18 | NDSN | Nordson CORP | 股票-工業 | 1.34% | +0.06% | +35.27% | |
| 19 | C | Citigroup Inc | 股票-金融 | 1.28% | -0.15% | +607.05% | |
| 20 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 1.25% | -0.30% | +66.37% | |
| 21 | XYL | Xylem Inc | 股票-工業 | 1.19% | +0.03% | +38.47% | |
| 22 | VOO | Vanguard S&p 500 ETF | ETF-大型股與成長 | 1.19% | -0.19% | +13961.90% | |
| 23 | AVGO | Broadcom Inc | 股票-科技 | 1.13% | +0.17% | +8.47% | |
| 24 | LQD | Ishr Ibx Usd Invgd Cb Etf-ui | ETF-投資等級公司債 | 1.09% | -0.28% | +24.48% | |
| 25 | AVY | Avery Dennison CORP | 股票-循環性消費 | 1.06% | -0.30% | +74.29% | |
| 26 | ALLW | State Street Brgwtr All Wthr | ETF-其他 | 1.02% | -0.26% | +9.87% | |
| 27 | MU | Micron Technology Inc | 股票-科技 | 0.99% | +0.96% | +152.62% | |
| 28 | AMD | Advanced Micro Devices | 股票-科技 | 0.98% | +1.27% | +0.33% | |
| 29 | DIS | Walt Disney Co/the | 股票-通訊服務 | 0.92% | -0.12% | -11.50% | |
| 30 | IEFA | Ishares Core Msci Eafe ETF | ETF-其他 | 0.90% | -0.19% | -1.05% | |
| 31 | TSLA | Tesla Inc | 股票-循環性消費 | 0.88% | +0.02% | +18.97% | |
| 32 | FOCT | Ft Vest U.s. Equity Buffer E | ETF-其他 | 0.87% | -0.21% | — | |
| 33 | QTUM | Defiance Quantum ETF | ETF-其他 | 0.84% | -0.05% | — | |
| 34 | ADP | Automatic Data Processing | 股票-科技 | 0.84% | -0.15% | +9.97% | |
| 35 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.83% | -0.04% | +42.61% | |
| 36 | SYK | Stryker CORP | 股票-醫療保健 | 0.83% | -0.26% | +7.24% | |
| 37 | DHR | Danaher CORP | 股票-醫療保健 | 0.78% | +0.07% | +10.93% | |
| 38 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.78% | -0.05% | +30.36% | |
| 39 | EG | Everest Group, Ltd. | 股票-金融 | 0.77% | -0.06% | +8.54% | |
| 40 | KIM | Kimco Realty CORP | 股票-房地產 | 0.74% | +0.04% | -7.34% | |
| 41 | NFLX | Netflix Inc | 股票-通訊服務 | 0.74% | -0.36% | +4.01% | |
| 42 | ANET | Arista Networks Inc | 股票-科技 | 0.71% | +0.47% | -3.71% | |
| 43 | VLTO | Veralto CORP | 股票-工業 | 0.67% | -0.02% | +84.10% | |
| 44 | OMC | Omnicom Group | 股票-通訊服務 | 0.67% | -0.09% | +75.05% | |
| 45 | IBM | Intl Business Machines CORP | 股票-科技 | 0.66% | -0.07% | -3.37% | |
| 46 | ROST | Ross Stores Inc | 股票-循環性消費 | 0.66% | +0.08% | -18.53% | |
| 47 | QCOM | Qualcomm Inc | 股票-科技 | 0.65% | -0.07% | +313.88% | |
| 48 | CRM | Salesforce Inc | 股票-科技 | 0.63% | -0.23% | +5.11% | |
| 49 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.59% | -0.11% | +4.26% | |
| 50 | MCO | Moody's CORP | 股票-金融 | 0.57% | -0.14% | -37.61% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | AAPL | Apple Inc | +3.4% | +95.76% | 加碼 |
| 2 | GOOG | Alphabet Inc-cl C | +2% | +130.28% | 加碼 |
| 3 | NVDA | Nvidia CORP | +1.6% | +53.46% | 加碼 |
| 4 | DELL | Dell Technologies -c | +1.4% | +2006.47% | 加碼 |
| 5 | AMAT | Applied Materials Inc | +1.3% | +483.88% | 加碼 |
| 6 | VOO | Vanguard S&p 500 ETF | +1.2% | +13961.90% | 加碼 |
| 7 | AMZN | Amazon.com Inc | +1.2% | +80.74% | 加碼 |
| 8 | C | Citigroup Inc | +1.1% | +607.05% | 加碼 |
| 9 | QTUM | Defiance Quantum ETF | +0.8% | NEW | 新建倉 |
| 10 | MU | Micron Technology Inc | +0.7% | +152.62% | 加碼 |
| 11 | COST | Costco Wholesale CORP | +0.5% | +34.94% | 加碼 |
| 12 | DEMZ | Democratic Large Cap Core | +0.5% | NEW | 新建倉 |
| 13 | QCOM | Qualcomm Inc | +0.5% | +313.88% | 加碼 |
| 14 | BURL | Burlington Stores Inc | +0.4% | +1874.36% | 加碼 |
| 15 | SPY | Ss Spdr S&p 500 ETF Trust-us | +0.4% | +66.37% | 加碼 |
| 16 | AVY | Avery Dennison CORP | +0.3% | +74.29% | 加碼 |
| 17 | KMB | Kimberly-clark CORP | +0.3% | +208.34% | 加碼 |
| 18 | NDSN | Nordson CORP | +0.3% | +35.27% | 加碼 |
| 19 | QQQM | Invesco Nasdaq 100 ETF | +0.3% | NEW | 新建倉 |
| 20 | EA | Electronic Arts Inc | +0.2% | +136.29% | 加碼 |
| 21 | IJH | Ishares Core S&p Midcap ETF | +0.2% | +295.35% | 加碼 |
| 22 | L | Loews CORP | +0.2% | +33.52% | 加碼 |
| 23 | OMC | Omnicom Group | +0.2% | +75.05% | 加碼 |
| 24 | VLTO | Veralto CORP | +0.2% | +84.10% | 加碼 |
| 25 | EFA | Ishares Msci Eafe ETF | +0.2% | +65.01% | 加碼 |
| 26 | INTC | Intel CORP | +0.1% | +56.10% | 加碼 |
| 27 | KLAC | Kla CORP | +0.1% | +3.99% | 加碼 |
| 28 | AMT | American Tower CORP | +0.1% | +52.16% | 加碼 |
| 29 | VZ | Verizon Communications Inc | +0.1% | +96.35% | 加碼 |
| 30 | CSCO | Cisco Systems Inc | +0.1% | +59.01% | 加碼 |
| 31 | TJX | Tjx Companies Inc | +0.1% | +109.18% | 加碼 |
| 32 | IJR | Ishares Core S&p Small-cap E | +0.1% | +124.73% | 加碼 |
| 33 | NTRS | Northern Trust CORP | +0.1% | +583.24% | 加碼 |
| 34 | LIN | Linde plc | +0.1% | +48.81% | 加碼 |
| 35 | RY | Royal Bank Of Canada | +0.1% | +196.66% | 加碼 |
| 36 | LITE | Lumentum Holdings Inc | +0.1% | +38.04% | 加碼 |
| 37 | APO | Apollo Global Management Inc | +0.1% | +161.08% | 加碼 |
| 38 | ECL | Ecolab Inc | +0.1% | +144.44% | 加碼 |
| 39 | JNJ | Johnson & Johnson | +0.1% | +78.55% | 加碼 |
| 40 | CME | Cme Group Inc | +0.1% | +101.43% | 加碼 |
| 41 | IVV | Ishares Core S&p 500 ETF | +0.1% | +13.11% | 加碼 |
| 42 | XYL | Xylem Inc | +0.1% | +38.47% | 加碼 |
| 43 | LQD | Ishr Ibx Usd Invgd Cb Etf-ui | +0.1% | +24.48% | 加碼 |
| 44 | EEM | Ishares Msci Emerging Market | +0.1% | +21.41% | 加碼 |
| 45 | MCD | Mcdonald's CORP | +0.1% | +42.05% | 加碼 |
| 46 | T | At&t Inc | +0.1% | +34.28% | 加碼 |
| 47 | APH | Amphenol Corp-cl A | 0% | +27.85% | 加碼 |
| 48 | LLY | Eli Lilly & Co | 0% | +42.61% | 加碼 |
| 49 | PG | Procter & Gamble Co/the | 0% | +32.98% | 加碼 |
| 50 | UNH | Unitedhealth Group Inc | 0% | +59.81% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Reflection Asset Management 在 Q1 2026 季度的美股持倉總市值約為 US$2.1億，共申報了 127 個公開持股部位。
在 Q1 2026 季度，Reflection Asset Management 按市值排列的前三大核心持股分別為：AAPL (8.7%)、NVDA (7.3%)、MSFT (4.5%)。其中最大持股部位 AAPL 佔據整體投資組合約 8.7% 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
QTUM
市值: US$137.8萬
本季最大獲利了結 / 清倉標的
Q
前期市值: US$48.2萬
在 Q1 2026 季度中，Reflection Asset Management 共進行了 199 項持倉異動，包含新建倉 3 個部位、加碼 71 個部位、減碼 16 個部位以及清倉 109 個部位。 其中最大新建倉標的為 QTUM。 本季清倉部位包含 Q。
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。