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: 0001812822
申報總市值
US$1.0億
US$1.0億
179 檔
10.1%
在 Q1 2026 申報期間，Verdad Advisers, LP（CIK: 0001812822）向美國 SEC 提交的 Form 13F 報告顯示，其追蹤之股票投資組合總市值達 US$1.0億，共持有 179 個公開申報部位。
Q1 2026 數據顯示 Verdad Advisers, LP 積極進場，新開立 110 個部位並同步加碼 14 檔個股，反映機構在該季度的資金注入與籌碼積累。
從部位權重觀察，前 5 大標的（包含 BLTE, STT, ATHM）累計市值佔比達 10.1%，是驅動 Verdad Advisers, 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
BLTE
市值: US$220.2萬
本季最大獲利了結 / 清倉標的
C
前期市值: US$403.2萬
| # | 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 | BLTE | Belite Bio Inc - Adr | 股票-其他 | 2.48% | -0.45% | — | |
| 2 | STT | State Street CORP | 股票-金融 | 2.37% | -2.37% | EXIT | |
| 3 | ATHM | Autohome Inc-adr | 股票-其他 | 2.37% | -2.37% | EXIT | |
| 4 | RVMD | Revolution Medicines Inc | 股票-醫療保健 | 2.36% | -1.63% | — | |
| 5 | ZYME | Zymeworks Inc | 股票-其他 | 2.33% | -0.66% | — | |
| 6 | CALM | Cal-maine Foods Inc | 股票-非循環性消費 | 2.20% | -2.20% | EXIT | |
| 7 | ZM | Zoom Communications Inc | 股票-科技 | 1.95% | -1.36% | +3.10% | |
| 8 | CRC | California Resources CORP | 股票-能源 | 1.75% | -1.24% | +213.37% | |
| 9 | TENX | Tenax Therapeutics Inc | 股票-其他 | 1.72% | — | — | |
| 10 | ACAD | Acadia Pharmaceuticals Inc | 股票-醫療保健 | 1.71% | +0.29% | — | |
| 11 | PARR | Par Pacific Holdings Inc | 股票-能源 | 1.59% | -0.52% | — | |
| 12 | JNJ | Johnson & Johnson | 股票-醫療保健 | 1.49% | -0.18% | -68.88% | |
| 13 | MU | Micron Technology Inc | 股票-科技 | 1.46% | -1.00% | -43.40% | |
| 14 | NRIX | Nurix Therapeutics Inc | 股票-其他 | 1.46% | -0.31% | — | |
| 15 | CMCSA | Comcast Corp-class A | 股票-通訊服務 | 1.34% | +0.65% | -57.77% | |
| 16 | AHCO | Adapthealth CORP | 股票-其他 | 1.27% | -0.52% | — | |
| 17 | CTNM | Contineum Therapeutics Inc-a | 股票-其他 | 1.26% | +0.01% | — | |
| 18 | LRCX | Lam Research CORP | 股票-科技 | 1.24% | -0.87% | -66.63% | |
| 19 | CLDT | Chatham Lodging Trust | 股票-其他 | 1.24% | +0.53% | +21.74% | |
| 20 | BNY | Bank Of New York Mellon CORP | 股票-金融 | 1.20% | -0.40% | -39.36% | |
| 21 | AXSM | Axsome Therapeutics Inc | 股票-醫療保健 | 1.14% | -1.14% | EXIT | |
| 22 | CLYM | Climb Bio Inc | 股票-其他 | 1.11% | -0.53% | — | |
| 23 | AMAT | Applied Materials Inc | 股票-科技 | 1.11% | -0.36% | — | |
| 24 | DSGN | Design Therapeutics Inc | 股票-其他 | 1.11% | -0.45% | — | |
| 25 | JLL | Jones Lang Lasalle Inc | 股票-房地產 | 1.08% | -0.62% | +358.41% | |
| 26 | CVX | Chevron CORP | 股票-能源 | 1.05% | -1.05% | EXIT | |
| 27 | AMN | Amn Healthcare Services Inc | 股票-其他 | 1.03% | +0.58% | +11.11% | |
| 28 | TALK | Talkspace Inc | 股票-其他 | 1.02% | -0.50% | — | |
| 29 | CRI | Carter's Inc | 股票-其他 | 1.01% | -0.02% | +25.00% | |
| 30 | NGL | Ngl Energy Partners LP | 股票-其他 | 0.97% | -0.97% | EXIT | |
| 31 | MOMO | Hello Group Inc -spn Adr | 股票-其他 | 0.97% | -0.50% | +36.66% | |
| 32 | ATAI | Ataibeckley Inc | 股票-其他 | 0.91% | -0.40% | — | |
| 33 | AII | American Integrity Insurance | 股票-其他 | 0.89% | -0.13% | +9.47% | |
| 34 | FHI | Federated Hermes Inc | 股票-金融 | 0.88% | -0.65% | — | |
| 35 | ACRS | Aclaris Therapeutics Inc | 股票-其他 | 0.83% | +0.06% | — | |
| 36 | DNTH | Dianthus Therapeutics Inc | 股票-其他 | 0.82% | +0.12% | — | |
| 37 | VSNT | Versant Media Group Inc | 股票-通訊服務 | 0.79% | +0.71% | — | |
| 38 | 430 | Terns Pharmaceuticals Inc | 股票-其他 | 0.79% | -0.79% | EXIT | |
| 39 | SVRA | Savara Inc | 股票-其他 | 0.79% | -0.43% | — | |
| 40 | HRTG | Heritage Insurance Holdings | 股票-其他 | 0.78% | -0.07% | -7.92% | |
| 41 | GM | General Motors Co | 股票-循環性消費 | 0.77% | -0.77% | EXIT | |
| 42 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.77% | -0.46% | -51.40% | |
| 43 | DECK | Deckers Outdoor CORP | 股票-循環性消費 | 0.76% | -0.76% | EXIT | |
| 44 | PRG | Prog Holdings Inc | 股票-其他 | 0.72% | -0.30% | — | |
| 45 | NYT | New York Times Co-a | 股票-通訊服務 | 0.71% | -0.71% | EXIT | |
| 46 | SND | Smart Sand Inc | 股票-其他 | 0.71% | -0.03% | +21.49% | |
| 47 | VRDN | Viridian Therapeutics Inc | 股票-其他 | 0.69% | -0.01% | — | |
| 48 | TER | Teradyne Inc | 股票-科技 | 0.67% | -0.26% | +94.59% | |
| 49 | RCKY | Rocky Brands Inc | 股票-其他 | 0.65% | -0.05% | — | |
| 50 | HCI | Hci Group Inc | 股票-其他 | 0.65% | -0.65% | EXIT |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | CRC | California Resources CORP | +1.4% | +213.37% | 加碼 |
| 2 | JLL | Jones Lang Lasalle Inc | +0.8% | +358.41% | 加碼 |
| 3 | TER | Teradyne Inc | +0.4% | +94.59% | 加碼 |
| 4 | HCI | Hci Group Inc | +0.4% | +171.78% | 加碼 |
| 5 | CLDT | Chatham Lodging Trust | +0.3% | +21.74% | 加碼 |
| 6 | CALM | Cal-maine Foods Inc | +0.3% | +19.30% | 加碼 |
| 7 | ASA | ASA Gold and Precious Metals Limited | +0.3% | +80.21% | 加碼 |
| 8 | CRI | Carter's Inc | +0.3% | +25.00% | 加碼 |
| 9 | SND | Smart Sand Inc | +0.3% | +21.49% | 加碼 |
| 10 | AMN | Amn Healthcare Services Inc | +0.2% | +11.11% | 加碼 |
| 11 | NRT | North European Oil Rty Trust | +0.2% | +115.14% | 加碼 |
| 12 | AVT | Avnet Inc | +0.2% | +34.04% | 加碼 |
| 13 | MOMO | Hello Group Inc -spn Adr | +0.2% | +36.66% | 加碼 |
| 14 | RCKY | Rocky Brands Inc | +0.2% | — | 不變 |
| 15 | EM | Smart Share Global LTD - Adr | +0.1% | +35.18% | 加碼 |
| 16 | MAPS | Wm Technology Inc | -0.1% | -16.90% | 減碼 |
| 17 | MG | Mistras Group Inc | -0.2% | -30.95% | 減碼 |
| 18 | EGAN | Egain CORP | -0.2% | -20.27% | 減碼 |
| 19 | HRTG | Heritage Insurance Holdings | -0.2% | -7.92% | 減碼 |
| 20 | SNFCA | Security Natl Finl Corp-cl A | -0.2% | -25.74% | 減碼 |
| 21 | ASO | Academy Sports & Outdoors In | -0.3% | -43.33% | 減碼 |
| 22 | VTRS | Viatris Inc | -0.4% | -50.00% | 減碼 |
| 23 | PRDO | Perdoceo Education CORP | -0.5% | -63.71% | 減碼 |
| 24 | MSB | Mesabi Trust | -0.5% | -47.34% | 減碼 |
| 25 | NUS | Nu Skin Enterprises Inc - A | -0.6% | -54.07% | 減碼 |
| 26 | MRK | Merck & Co. Inc. | -0.6% | -51.40% | 減碼 |
| 27 | BWA | Borgwarner Inc | -0.6% | -65.12% | 減碼 |
| 28 | GM | General Motors Co | -0.7% | -41.84% | 減碼 |
| 29 | BNY | Bank Of New York Mellon CORP | -0.8% | -39.36% | 減碼 |
| 30 | MU | Micron Technology Inc | -0.8% | -43.40% | 減碼 |
| 31 | RL | Ralph Lauren CORP | -0.8% | -70.05% | 減碼 |
| 32 | CVS | Cvs Health CORP | -1% | -63.71% | 減碼 |
| 33 | LRCX | Lam Research CORP | -1.8% | -66.63% | 減碼 |
| 34 | CMCSA | Comcast Corp-class A | -2% | -57.77% | 減碼 |
| 35 | CVX | Chevron CORP | -2.2% | -75.55% | 減碼 |
| 36 | JNJ | Johnson & Johnson | -2.6% | -68.88% | 減碼 |
| 37 | C | Citigroup Inc | — | EXIT | 清倉 |
| 38 | TJX | Tjx Companies Inc | — | EXIT | 清倉 |
| 39 | GOOGL | Alphabet Inc-cl A | — | EXIT | 清倉 |
| 40 | TGNA | Tegna Inc | — | EXIT | 清倉 |
| 41 | CSCO | Cisco Systems Inc | — | EXIT | 清倉 |
| 42 | BLTE | Belite Bio Inc - Adr | — | NEW | 新建倉 |
| 43 | STT | State Street CORP | — | NEW | 新建倉 |
| 44 | ATHM | Autohome Inc-adr | — | NEW | 新建倉 |
| 45 | RVMD | Revolution Medicines Inc | — | NEW | 新建倉 |
| 46 | ZYME | Zymeworks Inc | — | NEW | 新建倉 |
| 47 | VOYA | Voya Financial Inc | — | EXIT | 清倉 |
| 48 | CBRE | Cbre Group Inc - A | — | EXIT | 清倉 |
| 49 | T | At&t Inc | — | EXIT | 清倉 |
| 50 | TENX | Tenax Therapeutics Inc | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Verdad Advisers, LP 在 Q1 2026 季度的美股持倉總市值約為 US$1.0億，共申報了 179 個公開持股部位。
在 Q1 2026 季度，Verdad Advisers, LP 按市值排列的前三大核心持股分別為：BLTE (2.5%)、STT (2.4%)、ATHM (2.4%)。其中最大持股部位 BLTE 佔據整體投資組合約 2.5% 的權重。
在 Q1 2026 季度中，Verdad Advisers, LP 共進行了 199 項持倉異動，包含新建倉 110 個部位、加碼 14 個部位、減碼 21 個部位以及清倉 54 個部位。 其中最大新建倉標的為 BLTE。 本季清倉部位包含 C。
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。