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: 0001353312
申報總市值
US$34.8億
US$34.8億
57 檔
16.7%
根據最新整理的 13F 季度數據集，Tremblant Capital Group 於 Q1 2026 結束時的管理資產規模為 US$34.8億。該機構在本季度申報了 57 檔美股持倉，呈現出該時期的主要投資地圖。
在 Q1 2026，Tremblant Capital Group 展現出較為審慎的避險與獲利了結姿態。本季共減碼 34 個部位並完全清倉 16 檔持股，調降曝險的部位數量高於加碼動作。
檢視投資組合結構，前 5 大主力部位（包含 SPOT, TKO, LYV）占據了總市值的 16.7%，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 | SPOT | Spotify Technology S.A. | 股票-通訊服務 | 4.38% | -0.51% | +16.15% | |
| 2 | TKO | Tko Group Holdings Inc | 股票-通訊服務 | 3.88% | -0.75% | -6.62% | |
| 3 | LYV | Live Nation Entertainment In | 股票-通訊服務 | 3.71% | +0.19% | -3.80% | |
| 4 | LITE | Lumentum Holdings Inc | 股票-科技 | 3.45% | -1.07% | -48.84% | |
| 5 | DASH | Doordash Inc - A | 股票-循環性消費 | 3.27% | +0.29% | +13.62% | |
| 6 | UBER | Uber Technologies Inc | 股票-工業 | 3.03% | -2.20% | +23.16% | |
| 7 | CPNG | Coupang Inc | 股票-循環性消費 | 3.00% | +0.47% | +8.56% | |
| 8 | ROKU | Roku Inc | 股票-通訊服務 | 2.93% | -1.81% | -2.92% | |
| 9 | GRAB | Grab Holdings Limited | 股票-科技 | 2.87% | -0.37% | +10.07% | |
| 10 | WH | Wyndham Hotels & Resorts Inc | 股票-循環性消費 | 2.65% | -0.43% | -1.88% | |
| 11 | HWM | Howmet Aerospace Inc | 股票-工業 | 2.63% | -0.12% | -5.41% | |
| 12 | PANW | Palo Alto Networks Inc | 股票-科技 | 2.60% | -2.60% | EXIT | |
| 13 | QTWO | Q2 Holdings Inc | 股票-科技 | 2.59% | -0.05% | -6.10% | |
| 14 | RDDT | Reddit Inc-cl A | 股票-通訊服務 | 2.49% | +0.50% | +70.57% | |
| 15 | VRNS | Varonis Systems Inc | 股票-科技 | 2.47% | +2.05% | +2.00% | |
| 16 | MKSI | Mks Inc | 股票-科技 | 2.44% | +1.33% | — | |
| 17 | CMG | Chipotle Mexican Grill Inc | 股票-循環性消費 | 2.39% | -0.13% | -14.48% | |
| 18 | WING | Wingstop Inc | 股票-循環性消費 | 2.38% | +0.34% | -3.24% | |
| 19 | BE | Bloom Energy Corp- A | 股票-工業 | 2.38% | +0.81% | +17.21% | |
| 20 | COR | Cencora Inc | 股票-醫療保健 | 2.16% | -0.23% | +5.28% | |
| 21 | WAB | Wabtec CORP | 股票-工業 | 2.15% | -0.19% | -10.15% | |
| 22 | RCL | Royal Caribbean Cruises Ltd. | 股票-循環性消費 | 2.14% | -2.10% | -20.38% | |
| 23 | MDB | Mongodb Inc | 股票-科技 | 2.11% | +0.82% | +176.27% | |
| 24 | AFRM | Affirm Holdings Inc | 股票-金融 | 2.06% | +1.37% | +31.76% | |
| 25 | CSGP | Costar Group Inc | 股票-房地產 | 1.96% | -1.77% | -7.94% | |
| 26 | NET | Cloudflare Inc - Class A | 股票-科技 | 1.95% | +0.76% | +57.23% | |
| 27 | FTAI | FTAI Aviation Ltd. | 股票-工業 | 1.86% | -0.05% | — | |
| 28 | BWXT | Bwx Technologies Inc | 股票-工業 | 1.68% | -0.51% | -12.25% | |
| 29 | SBUX | Starbucks CORP | 股票-循環性消費 | 1.64% | -0.53% | -1.15% | |
| 30 | ROL | Rollins Inc | 股票-循環性消費 | 1.63% | -1.63% | EXIT | |
| 31 | EME | Emcor Group Inc | 股票-工業 | 1.63% | -0.03% | -1.15% | |
| 32 | TLN | Talen Energy CORP | 股票-公用事業 | 1.62% | +0.56% | +30.27% | |
| 33 | TRGP | Targa Resources CORP | 股票-能源 | 1.61% | -0.10% | -1.15% | |
| 34 | NCLH | Norwegian Cruise Line Holdings Ltd. | 股票-循環性消費 | 1.56% | -0.64% | — | |
| 35 | RKLB | Rocket Lab CORP | 股票-工業 | 1.56% | +0.41% | -1.15% | |
| 36 | CVNA | Carvana Co | 股票-循環性消費 | 1.30% | -0.11% | -9.03% | |
| 37 | IDXX | Idexx Laboratories Inc | 股票-醫療保健 | 1.17% | -0.21% | -1.15% | |
| 38 | AXON | Axon Enterprise Inc | 股票-工業 | 1.14% | -1.14% | EXIT | |
| 39 | VLO | Valero Energy CORP | 股票-能源 | 1.13% | -0.09% | — | |
| 40 | ALNY | Alnylam Pharmaceuticals Inc | 股票-醫療保健 | 1.01% | -0.21% | -14.14% | |
| 41 | INSM | Insmed Inc | 股票-醫療保健 | 0.91% | -0.39% | -1.15% | |
| 42 | NCNO | Ncino Inc | 股票-其他 | 0.89% | -0.89% | EXIT | |
| 43 | FCFS | Firstcash Holdings Inc | 股票-金融 | 0.84% | +0.42% | — | |
| 44 | SOFI | Sofi Technologies Inc | 股票-金融 | 0.82% | -0.01% | -1.15% | |
| 45 | DIS | Walt Disney Co/the | 股票-通訊服務 | 0.82% | -0.07% | -29.97% | |
| 46 | ATEC | Alphatec Holdings Inc | 股票-其他 | 0.77% | -0.13% | +34.90% | |
| 47 | AMZN | Amazon.com Inc | 股票-循環性消費 | 0.75% | -0.14% | -1.93% | |
| 48 | MELI | Mercadolibre Inc | 股票-循環性消費 | 0.75% | -0.10% | -9.74% | |
| 49 | PODD | Insulet CORP | 股票-醫療保健 | 0.72% | -0.04% | -1.15% | |
| 50 | SHOP | Shopify Inc - Class A | 股票-科技 | 0.53% | -0.02% | -14.17% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | PANW | Palo Alto Networks Inc | +2.5% | +1803.93% | 加碼 |
| 2 | BE | Bloom Energy Corp- A | +1.4% | +17.21% | 加碼 |
| 3 | MDB | Mongodb Inc | +1.1% | +176.27% | 加碼 |
| 4 | NET | Cloudflare Inc - Class A | +1% | +57.23% | 加碼 |
| 5 | LYV | Live Nation Entertainment In | +0.9% | -3.80% | 減碼 |
| 6 | UBER | Uber Technologies Inc | +0.8% | +23.16% | 加碼 |
| 7 | SPOT | Spotify Technology S.A. | +0.8% | +16.15% | 加碼 |
| 8 | HWM | Howmet Aerospace Inc | +0.7% | -5.41% | 減碼 |
| 9 | TRGP | Targa Resources CORP | +0.7% | -1.15% | 減碼 |
| 10 | WH | Wyndham Hotels & Resorts Inc | +0.7% | -1.88% | 減碼 |
| 11 | LITE | Lumentum Holdings Inc | +0.6% | -48.84% | 減碼 |
| 12 | EME | Emcor Group Inc | +0.6% | -1.15% | 減碼 |
| 13 | WAB | Wabtec CORP | +0.5% | -10.15% | 減碼 |
| 14 | RDDT | Reddit Inc-cl A | +0.5% | +70.57% | 加碼 |
| 15 | TKO | Tko Group Holdings Inc | +0.5% | -6.62% | 減碼 |
| 16 | TLN | Talen Energy CORP | +0.5% | +30.27% | 加碼 |
| 17 | SBUX | Starbucks CORP | +0.4% | -1.15% | 減碼 |
| 18 | COR | Cencora Inc | +0.4% | +5.28% | 加碼 |
| 19 | BWXT | Bwx Technologies Inc | +0.4% | -12.25% | 減碼 |
| 20 | CPNG | Coupang Inc | +0.3% | +8.56% | 加碼 |
| 21 | RKLB | Rocket Lab CORP | +0.2% | -1.15% | 減碼 |
| 22 | ROKU | Roku Inc | +0.2% | -2.92% | 減碼 |
| 23 | INSM | Insmed Inc | +0.1% | -1.15% | 減碼 |
| 24 | AMZN | Amazon.com Inc | +0.1% | -1.93% | 減碼 |
| 25 | MTCH | Match Group Inc | +0.1% | +37.85% | 加碼 |
| 26 | GRAB | Grab Holdings Limited | +0.1% | +10.07% | 加碼 |
| 27 | AFRM | Affirm Holdings Inc | +0.1% | +31.76% | 加碼 |
| 28 | IDXX | Idexx Laboratories Inc | 0% | -1.15% | 減碼 |
| 29 | PGR | Progressive CORP | 0% | +0.89% | 加碼 |
| 30 | MELI | Mercadolibre Inc | 0% | -9.74% | 減碼 |
| 31 | RCL | Royal Caribbean Cruises Ltd. | 0% | -20.38% | 減碼 |
| 32 | ROL | Rollins Inc | 0% | -12.25% | 減碼 |
| 33 | DKNG | Draftkings Inc-cl A | 0% | +0.89% | 加碼 |
| 34 | PODD | Insulet CORP | -0.1% | -1.15% | 減碼 |
| 35 | ATEC | Alphatec Holdings Inc | -0.1% | +34.90% | 加碼 |
| 36 | ALNY | Alnylam Pharmaceuticals Inc | -0.1% | -14.14% | 減碼 |
| 37 | SHOP | Shopify Inc - Class A | -0.1% | -14.17% | 減碼 |
| 38 | LION | Lionsgate Studios CORP | -0.1% | -53.48% | 減碼 |
| 39 | DASH | Doordash Inc - A | -0.2% | +13.62% | 加碼 |
| 40 | CMG | Chipotle Mexican Grill Inc | -0.2% | -14.48% | 減碼 |
| 41 | CVNA | Carvana Co | -0.2% | -9.03% | 減碼 |
| 42 | AXON | Axon Enterprise Inc | -0.2% | -11.13% | 減碼 |
| 43 | SOFI | Sofi Technologies Inc | -0.3% | -1.15% | 減碼 |
| 44 | DIS | Walt Disney Co/the | -0.3% | -29.97% | 減碼 |
| 45 | VRNS | Varonis Systems Inc | -0.5% | +2.00% | 加碼 |
| 46 | WING | Wingstop Inc | -0.6% | -3.24% | 減碼 |
| 47 | QTWO | Q2 Holdings Inc | -0.8% | -6.10% | 減碼 |
| 48 | CSGP | Costar Group Inc | -0.9% | -7.94% | 減碼 |
| 49 | EVR | Evercore Inc - A | -1.1% | -90.74% | 減碼 |
| 50 | NCNO | Ncino Inc | -1.4% | -47.79% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Tremblant Capital Group 在 Q1 2026 季度的美股持倉總市值約為 US$34.8億，共申報了 57 個公開持股部位。
在 Q1 2026 季度，Tremblant Capital Group 按市值排列的前三大核心持股分別為：SPOT (4.4%)、TKO (3.9%)、LYV (3.7%)。其中最大持股部位 SPOT 佔據整體投資組合約 4.4% 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
MKSI
市值: US$7578.8萬
本季最大獲利了結 / 清倉標的
CYBERARK SOFTWARE LTD. CMN
前期市值: US$8282.9萬
在 Q1 2026 季度中，Tremblant Capital Group 共進行了 73 項持倉異動，包含新建倉 5 個部位、加碼 18 個部位、減碼 34 個部位以及清倉 16 個部位。 其中最大新建倉標的為 MKSI。 本季清倉部位包含 CYBERARK SOFTWARE LTD. CMN。
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。