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: 0001234074
申報總市值
US$6.4億
US$6.4億
42 檔
81.2%
截至 Q1 2026 季度末，Sprucegrove Investment Management LTD 的美股持倉估值約為 US$6.4億，全數申報部位共有 42 檔。
在 Q1 2026，Sprucegrove Investment Management LTD 展現出較為審慎的避險與獲利了結姿態。本季共減碼 27 個部位並完全清倉 1 檔持股，調降曝險的部位數量高於加碼動作。
整體而言，Sprucegrove Investment Management LTD 的前 5 大持股（包含 RYAAY, CPA, SSNHZ）貢獻了組合市值的 81.2%，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 | RYAAY | Ryanair Holdings Plc-sp Adr | 股票-工業 | 35.54% | -0.89% | -15.30% | |
| 2 | CPA | Copa Holdings, S.A. | 股票-其他 | 30.88% | +4.45% | -11.10% | |
| 3 | SSNHZ | Samsung Electr-gdr Reg S | 股票-其他 | 14.69% | +5.28% | -41.82% | |
| 4 | DCI | Donaldson Co Inc | 股票-工業 | 0.99% | -0.43% | -21.65% | |
| 5 | MKL | Markel Group Inc | 股票-金融 | 0.95% | -0.46% | -19.12% | |
| 6 | HSIC | Henry Schein Inc | 股票-醫療保健 | 0.94% | -0.41% | -19.24% | |
| 7 | CHRW | C.h. Robinson Worldwide Inc | 股票-工業 | 0.87% | -0.55% | -38.33% | |
| 8 | GILD | Gilead Sciences Inc | 股票-醫療保健 | 0.85% | -0.48% | -36.70% | |
| 9 | SNA | Snap-on Inc | 股票-工業 | 0.84% | -0.37% | -15.60% | |
| 10 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.81% | -0.44% | -23.50% | |
| 11 | WFC | Wells Fargo & Co | 股票-金融 | 0.80% | -0.46% | -22.67% | |
| 12 | XOM | Exxon Mobil CORP | 股票-能源 | 0.77% | -0.44% | -27.37% | |
| 13 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 0.75% | -0.31% | -19.96% | |
| 14 | DIS | Walt Disney Co/the | 股票-通訊服務 | 0.75% | -0.37% | -14.86% | |
| 15 | CFR | Cullen/frost Bankers Inc | 股票-金融 | 0.72% | -0.33% | -20.30% | |
| 16 | BF-B | Brown-forman Corp-class B | 股票-其他 | 0.70% | -0.33% | -14.46% | |
| 17 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.69% | -0.30% | -30.08% | |
| 18 | DG | Dollar General CORP | 股票-非循環性消費 | 0.68% | -0.26% | -11.28% | |
| 19 | TROW | T Rowe Price Group Inc | 股票-金融 | 0.68% | -0.35% | -19.41% | |
| 20 | GNTX | Gentex CORP | 股票-循環性消費 | 0.66% | -0.27% | -15.17% | |
| 21 | QCOM | Qualcomm Inc | 股票-科技 | 0.65% | -0.22% | -11.72% | |
| 22 | AXP | American Express Co | 股票-金融 | 0.53% | -0.24% | -20.24% | |
| 23 | ACN | Accenture plc | 股票-科技 | 0.52% | -0.30% | +30.48% | |
| 24 | EXP | Eagle Materials Inc | 股票-原物料 | 0.51% | -0.08% | +35.78% | |
| 25 | SBKFF | State Bank Of Indi-gdr Reg S | 股票-其他 | 0.50% | -0.50% | EXIT | |
| 26 | TTC | Toro Co | 股票-工業 | 0.46% | -0.14% | -3.14% | |
| 27 | XPEL | Xpel Inc | 股票-其他 | 0.46% | -0.10% | +0.85% | |
| 28 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.43% | -0.22% | -25.39% | |
| 29 | NKE | Nike Inc -cl B | 股票-循環性消費 | 0.42% | -0.20% | — | |
| 30 | BDX | Becton Dickinson And Co | 股票-醫療保健 | 0.39% | -0.20% | -15.54% | |
| 31 | MSFT | Microsoft CORP | 股票-科技 | 0.25% | -0.03% | — | |
| 32 | WAT | Waters CORP | 股票-醫療保健 | 0.11% | -0.10% | EXIT | |
| 33 | LFUS | Littelfuse Inc | 股票-科技 | 0.04% | — | — | |
| 34 | BOKF | Bok Financial Corporation | 股票-其他 | 0.03% | — | — | |
| 35 | CGNX | Cognex CORP | 股票-科技 | 0.03% | — | — | |
| 36 | WAFD | Wafd Inc | 股票-其他 | 0.02% | +0.01% | — | |
| 37 | AYI | Acuity Inc | 股票-工業 | 0.02% | +0.01% | — | |
| 38 | MSM | Msc Industrial Direct Co-a | 股票-工業 | 0.02% | +0.01% | -97.76% | |
| 39 | LSTR | Landstar System Inc | 股票-工業 | 0.02% | +0.01% | — | |
| 40 | AX | Axos Financial Inc | 股票-金融 | 0.02% | — | — | |
| 41 | SSD | Simpson Manufacturing Co Inc | 股票-原物料 | 0.01% | +0.01% | — | |
| 42 | GGG | Graco Inc | 股票-工業 | 0.01% | — | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | CPA | Copa Holdings, S.A. | +3.1% | -11.10% | 減碼 |
| 2 | SSNHZ | Samsung Electr-gdr Reg S | +0.8% | -41.82% | 減碼 |
| 3 | EXP | Eagle Materials Inc | +0.2% | +35.78% | 加碼 |
| 4 | XOM | Exxon Mobil CORP | +0.2% | -27.37% | 減碼 |
| 5 | TTC | Toro Co | +0.2% | -3.14% | 減碼 |
| 6 | SNA | Snap-on Inc | +0.1% | -15.60% | 減碼 |
| 7 | JNJ | Johnson & Johnson | +0.1% | -23.50% | 減碼 |
| 8 | ACN | Accenture plc | +0.1% | +30.48% | 加碼 |
| 9 | CFR | Cullen/frost Bankers Inc | +0.1% | -20.30% | 減碼 |
| 10 | BF-B | Brown-forman Corp-class B | +0.1% | -14.46% | 減碼 |
| 11 | XPEL | Xpel Inc | +0.1% | +0.85% | 加碼 |
| 12 | HSIC | Henry Schein Inc | 0% | -19.24% | 減碼 |
| 13 | GNTX | Gentex CORP | 0% | -15.17% | 減碼 |
| 14 | DG | Dollar General CORP | 0% | -11.28% | 減碼 |
| 15 | LFUS | Littelfuse Inc | 0% | — | 不變 |
| 16 | CGNX | Cognex CORP | 0% | — | 不變 |
| 17 | BOKF | Bok Financial Corporation | 0% | — | 不變 |
| 18 | LSTR | Landstar System Inc | 0% | — | 不變 |
| 19 | AX | Axos Financial Inc | 0% | — | 不變 |
| 20 | DCI | Donaldson Co Inc | — | -21.65% | 減碼 |
| 21 | AYI | Acuity Inc | — | — | 不變 |
| 22 | SSD | Simpson Manufacturing Co Inc | — | — | 不變 |
| 23 | WAFD | Wafd Inc | — | — | 不變 |
| 24 | GGG | Graco Inc | — | — | 不變 |
| 25 | GOOGL | Alphabet Inc-cl A | 0% | -19.96% | 減碼 |
| 26 | DIS | Walt Disney Co/the | 0% | -14.86% | 減碼 |
| 27 | MKL | Markel Group Inc | 0% | -19.12% | 減碼 |
| 28 | GILD | Gilead Sciences Inc | 0% | -36.70% | 減碼 |
| 29 | TROW | T Rowe Price Group Inc | 0% | -19.41% | 減碼 |
| 30 | BDX | Becton Dickinson And Co | 0% | -15.54% | 減碼 |
| 31 | META | Meta Platforms Inc-class A | -0.1% | -25.39% | 減碼 |
| 32 | QCOM | Qualcomm Inc | -0.1% | -11.72% | 減碼 |
| 33 | AXP | American Express Co | -0.1% | -20.24% | 減碼 |
| 34 | BRK-B | Berkshire Hathaway Inc-cl B | -0.1% | -30.08% | 減碼 |
| 35 | WFC | Wells Fargo & Co | -0.1% | -22.67% | 減碼 |
| 36 | CHRW | C.h. Robinson Worldwide Inc | -0.2% | -38.33% | 減碼 |
| 37 | MSM | Msc Industrial Direct Co-a | -0.6% | -97.76% | 減碼 |
| 38 | SBKFF | State Bank Of Indi-gdr Reg S | -0.7% | -68.15% | 減碼 |
| 39 | RYAAY | Ryanair Holdings Plc-sp Adr | -3.9% | -15.30% | 減碼 |
| 40 | NKE | Nike Inc -cl B | — | NEW | 新建倉 |
| 41 | MSFT | Microsoft CORP | — | NEW | 新建倉 |
| 42 | WAT | Waters CORP | — | NEW | 新建倉 |
| 43 | FMC | Fmc CORP | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Sprucegrove Investment Management LTD 在 Q1 2026 季度的美股持倉總市值約為 US$6.4億，共申報了 42 個公開持股部位。
在 Q1 2026 季度，Sprucegrove Investment Management LTD 按市值排列的前三大核心持股分別為：RYAAY (35.5%)、CPA (30.9%)、SSNHZ (14.7%)。其中最大持股部位 RYAAY 佔據整體投資組合約 35.5% 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
NKE
市值: US$265.2萬
本季最大獲利了結 / 清倉標的
FMC
前期市值: US$4.0萬
在 Q1 2026 季度中，Sprucegrove Investment Management LTD 共進行了 34 項持倉異動，包含新建倉 3 個部位、加碼 3 個部位、減碼 27 個部位以及清倉 1 個部位。 其中最大新建倉標的為 NKE。 本季清倉部位包含 FMC。
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。