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: 0001895612
申報總市值
US$4.6億
US$4.6億
143 檔
15.5%
截至 Q1 2026 季度末，VELA Investment Management, LLC 的美股持倉估值約為 US$4.6億，全數申報部位共有 143 檔。
觀察 Q1 2026 的申報異動，VELA Investment Management, LLC 採取了強勁的買進策略，建倉與加碼動作（合計 87 筆）涵蓋多個核心板塊，展現機構對特定產業前景之樂觀態度。
檢視投資組合結構，前 5 大主力部位（包含 KEX, CRTO, WIX）占據了總市值的 15.5%，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 | KEX | Kirby CORP | 股票-工業 | 4.51% | -0.72% | -3.99% | |
| 2 | CRTO | Criteo Sa-spon Adr | 股票-其他 | 3.38% | -0.34% | +49.16% | |
| 3 | WIX | Wix.com Ltd. | 股票-科技 | 2.98% | -2.98% | EXIT | |
| 4 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 2.89% | +0.30% | -1.61% | |
| 5 | WOR | Worthington Enterprises Inc | 股票-其他 | 2.60% | +0.03% | +177.26% | |
| 6 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.56% | +0.03% | +9.12% | |
| 7 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 2.56% | -0.03% | -0.63% | |
| 8 | HUBG | Hub Group Inc-cl A | 股票-其他 | 2.51% | -0.02% | -5.37% | |
| 9 | JNJ | Johnson & Johnson | 股票-醫療保健 | 2.07% | -0.27% | +11.31% | |
| 10 | LECO | Lincoln Electric Holdings | 股票-工業 | 1.98% | — | -8.47% | |
| 11 | CSX | Csx CORP | 股票-工業 | 1.91% | -0.02% | +5.55% | |
| 12 | POOL | Pool CORP | 股票-工業 | 1.73% | -0.17% | +81.36% | |
| 13 | CSL | Carlisle Cos Inc | 股票-工業 | 1.61% | +0.16% | +33.75% | |
| 14 | WHD | Cactus Inc - A | 股票-其他 | 1.57% | +0.06% | -0.92% | |
| 15 | ACGL | Arch Capital Group Ltd. | 股票-金融 | 1.49% | -0.16% | +1.26% | |
| 16 | JKHY | Jack Henry & Associates Inc | 股票-科技 | 1.36% | +0.60% | +169.24% | |
| 17 | MUSA | Murphy USA Inc | 股票-循環性消費 | 1.35% | -0.23% | +22.19% | |
| 18 | DIS | Walt Disney Co/the | 股票-通訊服務 | 1.35% | +0.07% | +17.14% | |
| 19 | ACN | Accenture plc | 股票-科技 | 1.23% | -0.75% | +54.45% | |
| 20 | PEP | Pepsico Inc | 股票-非循環性消費 | 1.19% | -0.19% | +1.10% | |
| 21 | GBX | Greenbrier Companies Inc | 股票-其他 | 1.15% | -0.12% | +2.78% | |
| 22 | AXS | AXIS Capital Holdings Limited | 股票-金融 | 1.12% | +0.07% | -0.21% | |
| 23 | ALGN | Align Technology Inc | 股票-醫療保健 | 1.09% | -0.13% | +2.63% | |
| 24 | TMO | Thermo Fisher Scientific Inc | 股票-醫療保健 | 1.09% | +0.11% | +13.47% | |
| 25 | BATRK | Atlanta Braves Holdings In-c | 股票-其他 | 1.07% | +0.14% | +23.31% | |
| 26 | GHC | Graham Holdings Co-class B | 股票-工業 | 1.05% | — | -12.12% | |
| 27 | EPAM | Epam Systems Inc | 股票-科技 | 1.04% | -0.25% | +59.51% | |
| 28 | CPA | Copa Holdings, S.A. | 股票-其他 | 1.04% | +0.30% | +6.44% | |
| 29 | MSFT | Microsoft CORP | 股票-科技 | 1.04% | +0.46% | +8.26% | |
| 30 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 1.03% | +0.27% | +134.07% | |
| 31 | AR | Antero Resources CORP | 股票-能源 | 1.02% | -0.01% | -19.08% | |
| 32 | MOV | Movado Group Inc | 股票-其他 | 1.00% | -0.07% | -3.03% | |
| 33 | GIL | Gildan Activewear Inc | 股票-循環性消費 | 0.97% | +0.24% | +52.49% | |
| 34 | SNCY | Sun Country Airlines Holding | 股票-其他 | 0.92% | -0.94% | EXIT | |
| 35 | AGI | Alamos Gold Inc-class A | 股票-原物料 | 0.89% | -0.54% | -24.54% | |
| 36 | SYY | Sysco CORP | 股票-非循環性消費 | 0.86% | -0.86% | EXIT | |
| 37 | EFX | Equifax Inc | 股票-工業 | 0.85% | +0.03% | — | |
| 38 | C | Citigroup Inc | 股票-金融 | 0.85% | +0.04% | -6.88% | |
| 39 | VVV | Valvoline Inc | 股票-循環性消費 | 0.84% | +0.08% | -18.68% | |
| 40 | BRKR | Bruker CORP | 股票-醫療保健 | 0.83% | +0.16% | -2.12% | |
| 41 | IPAR | Interparfums Inc | 股票-其他 | 0.83% | +0.22% | — | |
| 42 | AIT | Applied Industrial Tech Inc | 股票-工業 | 0.81% | -0.02% | -35.77% | |
| 43 | LW | Lamb Weston Holdings Inc | 股票-非循環性消費 | 0.78% | -0.03% | — | |
| 44 | LMB | Limbach Holdings Inc | 股票-其他 | 0.77% | — | — | |
| 45 | PFGC | Performance Food Group Co | 股票-非循環性消費 | 0.77% | +0.17% | +25.58% | |
| 46 | NFG | National Fuel Gas Co | 股票-能源 | 0.76% | +0.02% | +35.88% | |
| 47 | EHC | Encompass Health CORP | 股票-醫療保健 | 0.73% | +0.36% | +97.02% | |
| 48 | BKR | Baker Hughes Co | 股票-能源 | 0.72% | -0.11% | -0.69% | |
| 49 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.67% | -0.07% | -1.37% | |
| 50 | AGO | Assured Guaranty Ltd. | 股票-金融 | 0.67% | -0.05% | +1.94% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | WOR | Worthington Enterprises Inc | +1.6% | +170.48% | 加碼 |
| 2 | EFX | Equifax Inc | +0.8% | NEW | 新建倉 |
| 3 | IPAR | Interparfums Inc | +0.8% | NEW | 新建倉 |
| 4 | JKHY | Jack Henry & Associates Inc | +0.8% | +162.98% | 加碼 |
| 5 | LW | Lamb Weston Holdings Inc | +0.8% | NEW | 新建倉 |
| 6 | LMB | Limbach Holdings Inc | +0.8% | NEW | 新建倉 |
| 7 | CRTO | Criteo Sa-spon Adr | +0.7% | +46.17% | 加碼 |
| 8 | POOL | Pool CORP | +0.6% | +76.81% | 加碼 |
| 9 | KEX | Kirby CORP | +0.5% | -5.40% | 減碼 |
| 10 | ESNT | Essent Group Ltd. | +0.5% | NEW | 新建倉 |
| 11 | HLI | Houlihan Lokey Inc | +0.5% | NEW | 新建倉 |
| 12 | WIX | Wix.com Ltd. | +0.5% | +39.05% | 加碼 |
| 13 | JNJ | Johnson & Johnson | +0.5% | +11.31% | 加碼 |
| 14 | BKNG | Booking Holdings Inc | +0.5% | +134.07% | 加碼 |
| 15 | XLE | Ss Energy Select Sector | +0.4% | NEW | 新建倉 |
| 16 | CSL | Carlisle Cos Inc | +0.4% | +29.92% | 加碼 |
| 17 | MUSA | Murphy USA Inc | +0.4% | +18.41% | 加碼 |
| 18 | AGM | Federal Agric Mtg Corp-cl C | +0.4% | +376.79% | 加碼 |
| 19 | TSM | Taiwan Semiconductor-sp Adr | +0.3% | +100.00% | 加碼 |
| 20 | EHC | Encompass Health CORP | +0.3% | +90.07% | 加碼 |
| 21 | ETSY | Etsy Inc | +0.3% | +138.27% | 加碼 |
| 22 | AZN | AstraZeneca PLC | +0.3% | NEW | 新建倉 |
| 23 | CSX | Csx CORP | +0.3% | +5.55% | 加碼 |
| 24 | NFG | National Fuel Gas Co | +0.3% | +31.46% | 加碼 |
| 25 | TDW | Tidewater Inc | +0.3% | -1.99% | 加碼 |
| 26 | BATRK | Atlanta Braves Holdings In-c | +0.2% | +18.21% | 加碼 |
| 27 | GIL | Gildan Activewear Inc | +0.2% | +46.32% | 加碼 |
| 28 | DECK | Deckers Outdoor CORP | +0.2% | +64.82% | 加碼 |
| 29 | ADSK | Autodesk Inc | +0.2% | +101.97% | 加碼 |
| 30 | SLV | Ishares Silver Trust | +0.2% | NEW | 新建倉 |
| 31 | BKR | Baker Hughes Co | +0.2% | -0.69% | 減碼 |
| 32 | ACN | Accenture plc | +0.1% | +54.45% | 加碼 |
| 33 | PRCT | Procept Biorobotics CORP | +0.1% | +83.61% | 加碼 |
| 34 | PYPL | Paypal Holdings Inc | +0.1% | NEW | 新建倉 |
| 35 | IMKTA | Ingles Markets Inc-class A | +0.1% | +1.33% | 加碼 |
| 36 | NFLX | Netflix Inc | +0.1% | NEW | 新建倉 |
| 37 | IONS | Ionis Pharmaceuticals Inc | +0.1% | +150.00% | 加碼 |
| 38 | GBX | Greenbrier Companies Inc | +0.1% | -0.45% | 加碼 |
| 39 | SNCY | Sun Country Airlines Holding | +0.1% | +1.87% | 加碼 |
| 40 | OWL | Blue Owl Capital Inc | +0.1% | NEW | 新建倉 |
| 41 | MOV | Movado Group Inc | +0.1% | -3.03% | 減碼 |
| 42 | PFGC | Performance Food Group Co | +0.1% | +25.58% | 加碼 |
| 43 | MA | Mastercard Inc - A | +0.1% | NEW | 新建倉 |
| 44 | GLOB | Globant S.A. | +0.1% | +102.98% | 加碼 |
| 45 | ALGN | Align Technology Inc | +0.1% | +0.53% | 加碼 |
| 46 | PAL | Proficient Auto Logistics In | +0.1% | +71.93% | 加碼 |
| 47 | TTC | Toro Co | +0.1% | -2.64% | 加碼 |
| 48 | DPZ | Domino's Pizza Inc | +0.1% | NEW | 新建倉 |
| 49 | PEP | Pepsico Inc | +0.1% | +1.10% | 加碼 |
| 50 | NI | Nisource Inc | +0.1% | +22.20% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，VELA Investment Management, LLC 在 Q1 2026 季度的美股持倉總市值約為 US$4.6億，共申報了 143 個公開持股部位。
在 Q1 2026 季度，VELA Investment Management, LLC 按市值排列的前三大核心持股分別為：KEX (4.5%)、CRTO (3.4%)、WIX (3.0%)。其中最大持股部位 KEX 佔據整體投資組合約 4.5% 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
EFX
市值: US$352.5萬
本季最大獲利了結 / 清倉標的
SPY
前期市值: US$704.2萬
在 Q1 2026 季度中，VELA Investment Management, LLC 共進行了 149 項持倉異動，包含新建倉 19 個部位、加碼 68 個部位、減碼 46 個部位以及清倉 16 個部位。 其中最大新建倉標的為 EFX。 本季清倉部位包含 SPY。
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。