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: 0001290668
申報總市值
US$101.9億
US$101.9億
52 檔
31.2%
根據最新整理的 13F 季度數據集，Sustainable Growth Advisers, LP 於 Q1 2026 結束時的管理資產規模為 US$101.9億。該機構在本季度申報了 52 檔美股持倉，呈現出該時期的主要投資地圖。
Sustainable Growth Advisers, LP 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 36 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。
檢視投資組合結構，前 5 大主力部位（包含 NVDA, AMZN, MSFT）占據了總市值的 31.2%，展現出該機構在 Q1 2026 的重點資金聚焦與風險分佈特徵。
本季最大新建倉標的
MA
市值: US$1.9億
本季最大獲利了結 / 清倉標的
前期市值: US$4.7億
| # | 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 | NVDA | Nvidia CORP | 股票-科技 | 7.96% | +1.31% | -18.83% | |
| 2 | AMZN | Amazon.com Inc | 股票-循環性消費 | 6.41% | -1.07% | -29.69% | |
| 3 | MSFT | Microsoft CORP | 股票-科技 | 5.47% | +0.04% | -23.65% | |
| 4 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 5.11% | +2.27% | -11.71% | |
| 5 | V | Visa Inc-class A Shares | 股票-金融 | 4.98% | -0.12% | -17.32% | |
| 6 | WM | Waste Management Inc | 股票-工業 | 4.37% | +0.14% | -26.97% | |
| 7 | AVGO | Broadcom Inc | 股票-科技 | 4.26% | +0.47% | +125.74% | |
| 8 | CP | Canadian Pacific Kansas City | 股票-工業 | 3.86% | -1.10% | -20.63% | |
| 9 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 3.76% | -0.38% | -18.40% | |
| 10 | AAPL | Apple Inc | 股票-科技 | 3.65% | +1.31% | +25.05% | |
| 11 | SNPS | Synopsys Inc | 股票-科技 | 3.36% | +0.17% | -19.87% | |
| 12 | YUM | Yum! Brands Inc | 股票-循環性消費 | 3.31% | +0.61% | -9.49% | |
| 13 | AON | Aon plc | 股票-金融 | 3.20% | -2.41% | -13.89% | |
| 14 | AXP | American Express Co | 股票-金融 | 3.20% | +0.08% | +81.59% | |
| 15 | ✓ | 股票-其他 | 3.09% | — | +32.26% | ||
| 16 | NFLX | Netflix Inc | 股票-通訊服務 | 3.09% | -0.24% | — | |
| 17 | CRM | Salesforce Inc | 股票-科技 | 3.06% | -0.75% | -18.73% | |
| 18 | SPGI | S&p Global Inc | 股票-金融 | 3.03% | -0.38% | -26.50% | |
| 19 | DHR | Danaher CORP | 股票-醫療保健 | 2.92% | -0.14% | +2.41% | |
| 20 | ARM | Arm Holdings Plc-adr | 股票-科技 | 2.86% | -1.52% | -24.77% | |
| 21 | INTU | Intuit Inc | 股票-科技 | 2.59% | -2.59% | EXIT | |
| 22 | CMG | Chipotle Mexican Grill Inc | 股票-循環性消費 | 2.36% | -0.07% | -19.21% | |
| 23 | GWW | Ww Grainger Inc | 股票-工業 | 2.17% | +0.45% | -8.17% | |
| 24 | ECL | Ecolab Inc | 股票-原物料 | 2.12% | +0.42% | +31.35% | |
| 25 | MA | Mastercard Inc - A | 股票-金融 | 1.77% | +0.14% | — | |
| 26 | COO | Cooper Cos Inc/the | 股票-醫療保健 | 1.38% | -0.01% | -39.02% | |
| 27 | NKE | Nike Inc -cl B | 股票-循環性消費 | 1.28% | -0.30% | -8.07% | |
| 28 | HDB | Hdfc Bank Ltd-adr | 股票-金融 | 1.22% | -0.26% | -8.49% | |
| 29 | STE | STERIS plc | 股票-醫療保健 | 1.14% | -0.36% | -27.88% | |
| 30 | NOW | Servicenow Inc | 股票-科技 | 0.99% | +0.31% | -11.89% | |
| 31 | MELI | Mercadolibre Inc | 股票-循環性消費 | 0.86% | -0.30% | -32.01% | |
| 32 | ALC | Alcon Inc. | 股票-醫療保健 | 0.78% | -0.63% | -48.30% | |
| 33 | SAP | Sap Se-sponsored Adr | 股票-科技 | 0.76% | -0.23% | -30.97% | |
| 34 | SE | Sea Ltd-adr | 股票-通訊服務 | 0.49% | -0.11% | -17.15% | |
| 35 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 0.41% | +0.01% | -2.45% | |
| 36 | BABA | Alibaba Group Holding-sp Adr | 股票-循環性消費 | 0.32% | -0.13% | -2.47% | |
| 37 | UL | Unilever Plc-sponsored Adr | 股票-非循環性消費 | 0.22% | -0.04% | -7.83% | |
| 38 | GRAB | Grab Holdings Limited | 股票-科技 | 0.20% | -0.03% | +49.14% | |
| 39 | FMX | Fomento Economico Mex-sp Adr | 股票-其他 | 0.17% | -0.04% | +6.22% | |
| 40 | WCN | Waste Connections Inc | 股票-工業 | 0.15% | +0.03% | +15.04% | |
| 41 | INFY | Infosys Ltd-sp Adr | 股票-科技 | 0.15% | -0.06% | +230.06% | |
| 42 | XPEV | XPeng Inc. | 股票-其他 | 0.12% | -0.04% | +2.40% | |
| 43 | LIN | Linde plc | 股票-原物料 | 0.11% | +0.66% | -14.50% | |
| 44 | SHOP | Shopify Inc - Class A | 股票-科技 | 0.09% | -0.01% | +33.69% | |
| 45 | SPOT | Spotify Technology S.A. | 股票-通訊服務 | 0.07% | — | — | |
| 46 | TME | Tencent Music Entertainm-adr | 股票-通訊服務 | 0.04% | -0.04% | EXIT | |
| 47 | MMYT | MakeMyTrip Limited | 股票-其他 | 0.04% | -0.04% | EXIT | |
| 48 | UNVGY | Universal Music Gro-unsp Adr | 股票-其他 | 0.03% | -0.03% | EXIT | |
| 49 | AAGIY | Aia Group Ltd-sp Adr | 股票-其他 | 0.03% | -0.03% | EXIT | |
| 50 | ADYEY | Adyen Nv-unspon Adr | 股票-其他 | 0.03% | -0.03% | +29.41% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | AVGO | Broadcom Inc | +2.7% | +125.74% | 加碼 |
| 2 | AXP | American Express Co | +1.6% | +81.59% | 加碼 |
| 3 | ✓ | +1.4% | +32.26% | 加碼 | |
| 4 | AAPL | Apple Inc | +1.4% | +25.05% | 加碼 |
| 5 | ECL | Ecolab Inc | +1% | +31.35% | 加碼 |
| 6 | ARM | Arm Holdings Plc-adr | +0.8% | -24.77% | 減碼 |
| 7 | YUM | Yum! Brands Inc | +0.7% | -9.49% | 減碼 |
| 8 | GWW | Ww Grainger Inc | +0.6% | -8.17% | 減碼 |
| 9 | CP | Canadian Pacific Kansas City | +0.5% | -20.63% | 減碼 |
| 10 | GOOG | Alphabet Inc-cl C | +0.5% | -11.71% | 減碼 |
| 11 | DHR | Danaher CORP | +0.4% | +2.41% | 加碼 |
| 12 | NVDA | Nvidia CORP | +0.2% | -18.83% | 減碼 |
| 13 | AON | Aon plc | +0.2% | -13.89% | 減碼 |
| 14 | WM | Waste Management Inc | +0.2% | -26.97% | 減碼 |
| 15 | TSM | Taiwan Semiconductor-sp Adr | +0.1% | -2.45% | 減碼 |
| 16 | INFY | Infosys Ltd-sp Adr | +0.1% | +230.06% | 加碼 |
| 17 | GRAB | Grab Holdings Limited | +0.1% | +49.14% | 加碼 |
| 18 | FMX | Fomento Economico Mex-sp Adr | +0.1% | +6.22% | 加碼 |
| 19 | NKE | Nike Inc -cl B | +0.1% | -8.07% | 減碼 |
| 20 | WCN | Waste Connections Inc | +0.1% | +15.04% | 加碼 |
| 21 | BABA | Alibaba Group Holding-sp Adr | 0% | -2.47% | 減碼 |
| 22 | XPEV | XPeng Inc. | 0% | +2.40% | 加碼 |
| 23 | LIN | Linde plc | 0% | -14.50% | 減碼 |
| 24 | UL | Unilever Plc-sponsored Adr | 0% | -7.83% | 減碼 |
| 25 | SHOP | Shopify Inc - Class A | 0% | +33.69% | 加碼 |
| 26 | AAGIY | Aia Group Ltd-sp Adr | 0% | — | 不變 |
| 27 | TME | Tencent Music Entertainm-adr | — | +47.71% | 加碼 |
| 28 | UNVGY | Universal Music Gro-unsp Adr | — | — | 不變 |
| 29 | EXPGY | Experian Plc-spons Adr | — | — | 不變 |
| 30 | ADYEY | Adyen Nv-unspon Adr | — | +29.41% | 加碼 |
| 31 | FRCOY | Fast Retailing Co-unspon Adr | — | -19.40% | 減碼 |
| 32 | MMYT | MakeMyTrip Limited | 0% | +35.46% | 加碼 |
| 33 | CMG | Chipotle Mexican Grill Inc | -0.1% | -19.21% | 減碼 |
| 34 | META | Meta Platforms Inc-class A | -0.2% | -18.40% | 減碼 |
| 35 | V | Visa Inc-class A Shares | -0.2% | -17.32% | 減碼 |
| 36 | SE | Sea Ltd-adr | -0.2% | -17.15% | 減碼 |
| 37 | STE | STERIS plc | -0.2% | -27.88% | 減碼 |
| 38 | NOW | Servicenow Inc | -0.2% | -11.89% | 減碼 |
| 39 | MELI | Mercadolibre Inc | -0.2% | -32.01% | 減碼 |
| 40 | HDB | Hdfc Bank Ltd-adr | -0.2% | -8.49% | 減碼 |
| 41 | SNPS | Synopsys Inc | -0.3% | -19.87% | 減碼 |
| 42 | ALC | Alcon Inc. | -0.4% | -48.30% | 減碼 |
| 43 | SAP | Sap Se-sponsored Adr | -0.4% | -30.97% | 減碼 |
| 44 | COO | Cooper Cos Inc/the | -0.5% | -39.02% | 減碼 |
| 45 | SPGI | S&p Global Inc | -0.7% | -26.50% | 減碼 |
| 46 | CRM | Salesforce Inc | -0.9% | -18.73% | 減碼 |
| 47 | AMZN | Amazon.com Inc | -1% | -29.69% | 減碼 |
| 48 | MSFT | Microsoft CORP | -1.4% | -23.65% | 減碼 |
| 49 | INTU | Intuit Inc | -1.8% | -33.75% | 減碼 |
| 50 | ✓ | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Sustainable Growth Advisers, LP 在 Q1 2026 季度的美股持倉總市值約為 US$101.9億，共申報了 52 個公開持股部位。
在 Q1 2026 季度，Sustainable Growth Advisers, LP 按市值排列的前三大核心持股分別為：NVDA (8.0%)、AMZN (6.4%)、MSFT (5.5%)。其中最大持股部位 NVDA 佔據整體投資組合約 8.0% 的權重。
在 Q1 2026 季度中，Sustainable Growth Advisers, LP 共進行了 53 項持倉異動，包含新建倉 2 個部位、加碼 15 個部位、減碼 31 個部位以及清倉 5 個部位。 其中最大新建倉標的為 MA。 本季清倉部位包含 。
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。