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: 0001591744
申報總市值
US$11.4億
US$11.4億
79 檔
14.9%
Shellback Capital, LP 在 Q1 2026 季度的美股部位總計估值為 US$11.4億，分散於 79 個持倉標的之中，反映其市場參與廣度與投資規模。
從 Q1 2026 申報觀察，Shellback Capital, LP 採取防禦導向的調倉策略，本季減碼 34 檔個股並出清 40 檔部位，顯示機構在該時期進行風險控制與流動性回收。
從部位權重觀察，前 5 大標的（包含 TPR, ROST, ZBRA）累計市值佔比達 14.9%，是驅動 Shellback Capital, LP 該季度整體投資組合績效表現的核心支柱。
本季最大新建倉標的
ZBRA
市值: US$3646.6萬
本季最大獲利了結 / 清倉標的
ULTA
前期市值: US$5535.8萬
| # | 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 | TPR | Tapestry Inc | 股票-循環性消費 | 5.45% | -1.74% | -43.26% | |
| 2 | ROST | Ross Stores Inc | 股票-循環性消費 | 5.29% | -2.87% | -36.41% | |
| 3 | ZBRA | Zebra Technologies Corp-cl A | 股票-科技 | 5.19% | -5.19% | EXIT | |
| 4 | RL | Ralph Lauren CORP | 股票-循環性消費 | 4.43% | -1.79% | -41.77% | |
| 5 | VIK | Viking Holdings Ltd | 股票-循環性消費 | 3.92% | -1.72% | — | |
| 6 | HLT | Hilton Worldwide Holdings In | 股票-循環性消費 | 3.89% | -1.44% | +63.64% | |
| 7 | AS | Amer Sports, Inc. | 股票-循環性消費 | 3.89% | -1.42% | -16.16% | |
| 8 | COHR | Coherent CORP | 股票-科技 | 2.96% | -1.72% | — | |
| 9 | SN | SharkNinja, Inc. | 股票-循環性消費 | 2.94% | -2.94% | EXIT | |
| 10 | AMD | Advanced Micro Devices | 股票-科技 | 2.90% | -2.90% | EXIT | |
| 11 | BROS | Dutch Bros Inc-class A | 股票-循環性消費 | 2.50% | -0.95% | -3.34% | |
| 12 | C | Citigroup Inc | 股票-金融 | 2.42% | -2.42% | EXIT | |
| 13 | BURL | Burlington Stores Inc | 股票-循環性消費 | 2.32% | -1.49% | -40.13% | |
| 14 | GTES | Gates Industrial Corporation plc | 股票-工業 | 2.26% | -0.89% | — | |
| 15 | VSXY | Victoria's Secret & Co | 股票-循環性消費 | 2.14% | -0.68% | +77.47% | |
| 16 | CPA | Copa Holdings, S.A. | 股票-其他 | 1.94% | -0.73% | +139.83% | |
| 17 | DHR | Danaher CORP | 股票-醫療保健 | 1.90% | -1.90% | EXIT | |
| 18 | CPRI | Capri Holdings Limited | 股票-循環性消費 | 1.80% | -1.80% | EXIT | |
| 19 | FDX | Fedex CORP | 股票-工業 | 1.77% | -1.22% | — | |
| 20 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.63% | -1.63% | EXIT | |
| 21 | LYV | Live Nation Entertainment In | 股票-通訊服務 | 1.52% | -0.48% | -14.50% | |
| 22 | MAR | Marriott International -cl A | 股票-循環性消費 | 1.49% | +0.13% | +540.00% | |
| 23 | MU | Micron Technology Inc | 股票-科技 | 1.44% | -1.44% | EXIT | |
| 24 | MKSI | Mks Inc | 股票-科技 | 1.35% | -1.35% | EXIT | |
| 25 | EQPT | Equipmentshare.com Inc-a | 股票-其他 | 1.29% | -1.29% | EXIT | |
| 26 | DOV | Dover CORP | 股票-工業 | 1.26% | +2.10% | -57.19% | |
| 27 | CART | Maplebear Inc | 股票-循環性消費 | 1.22% | -0.81% | +925.82% | |
| 28 | ETN | Eaton Corporation plc | 股票-工業 | 1.20% | -1.20% | EXIT | |
| 29 | DKS | Dick's Sporting Goods Inc | 股票-循環性消費 | 1.13% | +1.55% | -70.20% | |
| 30 | LTH | Life Time Group Holdings Inc | 股票-其他 | 1.13% | -0.07% | +7.29% | |
| 31 | BOOT | Boot Barn Holdings Inc | 股票-循環性消費 | 1.11% | +0.09% | -37.61% | |
| 32 | SPOT | Spotify Technology S.A. | 股票-通訊服務 | 1.10% | -0.50% | -77.14% | |
| 33 | CHDN | Churchill Downs Inc | 股票-循環性消費 | 1.02% | -0.57% | -68.00% | |
| 34 | ODFL | Old Dominion Freight Line | 股票-工業 | 1.01% | +0.60% | — | |
| 35 | GPI | Group 1 Automotive Inc | 股票-循環性消費 | 0.94% | -0.82% | -33.33% | |
| 36 | W | Wayfair Inc- Class A | 股票-循環性消費 | 0.86% | -0.54% | -37.40% | |
| 37 | CFG | Citizens Financial Group | 股票-金融 | 0.85% | -0.85% | EXIT | |
| 38 | XPO | Xpo Inc | 股票-工業 | 0.83% | +0.96% | — | |
| 39 | RYAAY | Ryanair Holdings Plc-sp Adr | 股票-工業 | 0.82% | -0.65% | — | |
| 40 | KNX | Knight-swift Transportation | 股票-工業 | 0.82% | +0.37% | — | |
| 41 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 0.82% | -0.29% | -55.56% | |
| 42 | ROKU | Roku Inc | 股票-通訊服務 | 0.81% | +0.04% | -41.45% | |
| 43 | RCL | Royal Caribbean Cruises Ltd. | 股票-循環性消費 | 0.78% | -0.15% | — | |
| 44 | AAOI | Applied Optoelectronics Inc | 股票-科技 | 0.78% | +0.92% | — | |
| 45 | DAL | Delta Air Lines Inc | 股票-工業 | 0.76% | -0.10% | — | |
| 46 | DASH | Doordash Inc - A | 股票-循環性消費 | 0.75% | +0.70% | -30.00% | |
| 47 | SAIA | Saia Inc | 股票-工業 | 0.69% | +0.20% | — | |
| 48 | SPHR | Sphere Entertainment Co | 股票-通訊服務 | 0.67% | -0.14% | — | |
| 49 | HZO | Marinemax Inc | 股票-其他 | 0.63% | -0.32% | -9.10% | |
| 50 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 0.60% | -0.60% | EXIT |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | HLT | Hilton Worldwide Holdings In | +2.4% | +63.64% | 加碼 |
| 2 | CPA | Copa Holdings, S.A. | +1.4% | +139.83% | 加碼 |
| 3 | MAR | Marriott International -cl A | +1.3% | +540.00% | 加碼 |
| 4 | VSXY | Victoria's Secret & Co | +1.2% | +77.47% | 加碼 |
| 5 | CART | Maplebear Inc | +1.1% | +925.82% | 加碼 |
| 6 | MKSI | Mks Inc | +0.8% | +13.21% | 加碼 |
| 7 | ROST | Ross Stores Inc | +0.7% | -36.41% | 減碼 |
| 8 | LTH | Life Time Group Holdings Inc | +0.4% | +7.29% | 加碼 |
| 9 | LYV | Live Nation Entertainment In | +0.4% | -14.50% | 減碼 |
| 10 | BROS | Dutch Bros Inc-class A | +0.4% | -3.34% | 減碼 |
| 11 | CCL1EUR | Carnival CORP LTD | +0.4% | +200.00% | 加碼 |
| 12 | AS | Amer Sports, Inc. | +0.4% | -16.16% | 減碼 |
| 13 | HZO | Marinemax Inc | +0.2% | -9.10% | 減碼 |
| 14 | TJX | Tjx Companies Inc | +0.2% | — | 不變 |
| 15 | ONEW | Onewater Marine Inc-cl A | 0% | — | 不變 |
| 16 | BURL | Burlington Stores Inc | 0% | -40.13% | 減碼 |
| 17 | SIG | Signet Jewelers Limited | 0% | -4.00% | 減碼 |
| 18 | SRAD | Sportradar Group AG | — | — | 不變 |
| 19 | GIII | G-iii Apparel Group LTD | -0.1% | -60.18% | 減碼 |
| 20 | BRCB | Black Rock Coffee Bar Inc-a | -0.1% | -17.39% | 減碼 |
| 21 | DKNG | Draftkings Inc-cl A | -0.2% | -40.00% | 減碼 |
| 22 | GPI | Group 1 Automotive Inc | -0.2% | -33.33% | 減碼 |
| 23 | PTON | Peloton Interactive Inc-a | -0.2% | -52.00% | 減碼 |
| 24 | LIF | Life360 Inc | -0.2% | -54.21% | 減碼 |
| 25 | ROKU | Roku Inc | -0.3% | -41.45% | 減碼 |
| 26 | CPRI | Capri Holdings Limited | -0.3% | -18.92% | 減碼 |
| 27 | BOOT | Boot Barn Holdings Inc | -0.3% | -37.61% | 減碼 |
| 28 | DASH | Doordash Inc - A | -0.3% | -30.00% | 減碼 |
| 29 | W | Wayfair Inc- Class A | -0.4% | -37.40% | 減碼 |
| 30 | TPR | Tapestry Inc | -0.4% | -43.26% | 減碼 |
| 31 | OLLI | Ollie's Bargain Outlet Holdi | -0.4% | -53.15% | 減碼 |
| 32 | EAT | Brinker International Inc | -0.4% | -63.69% | 減碼 |
| 33 | WYNN | Wynn Resorts LTD | -0.5% | -90.00% | 減碼 |
| 34 | GOOGL | Alphabet Inc-cl A | -0.5% | -55.56% | 減碼 |
| 35 | DOV | Dover CORP | -0.6% | -57.19% | 減碼 |
| 36 | ✓ | On Holding AG | -0.6% | -66.36% | 減碼 |
| 37 | UBER | Uber Technologies Inc | -0.7% | -66.67% | 減碼 |
| 38 | RL | Ralph Lauren CORP | -0.8% | -41.77% | 減碼 |
| 39 | AZO | Autozone Inc | -0.9% | -93.75% | 減碼 |
| 40 | ABNB | Airbnb Inc-class A | -1.4% | -85.19% | 減碼 |
| 41 | DKS | Dick's Sporting Goods Inc | -1.4% | -70.20% | 減碼 |
| 42 | CHDN | Churchill Downs Inc | -1.7% | -68.00% | 減碼 |
| 43 | BKNG | Booking Holdings Inc | -2% | -80.00% | 減碼 |
| 44 | SN | SharkNinja, Inc. | -2.4% | -61.33% | 減碼 |
| 45 | SPOT | Spotify Technology S.A. | -2.8% | -77.14% | 減碼 |
| 46 | ULTA | Ulta Beauty Inc | — | EXIT | 清倉 |
| 47 | ZBRA | Zebra Technologies Corp-cl A | — | NEW | 新建倉 |
| 48 | TKR | Timken Co | — | EXIT | 清倉 |
| 49 | AMZN | Amazon.com Inc | — | EXIT | 清倉 |
| 50 | VIK | Viking Holdings Ltd | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Shellback Capital, LP 在 Q1 2026 季度的美股持倉總市值約為 US$11.4億，共申報了 79 個公開持股部位。
在 Q1 2026 季度，Shellback Capital, LP 按市值排列的前三大核心持股分別為：TPR (5.5%)、ROST (5.3%)、ZBRA (5.2%)。其中最大持股部位 TPR 佔據整體投資組合約 5.5% 的權重。
在 Q1 2026 季度中，Shellback Capital, LP 共進行了 116 項持倉異動，包含新建倉 34 個部位、加碼 8 個部位、減碼 34 個部位以及清倉 40 個部位。 其中最大新建倉標的為 ZBRA。 本季清倉部位包含 ULTA。
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。
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。
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。