Frequently Asked Questions

What is a 13F?

Form 13F is a filing that all institutional investors who manage over $100 million in assets must submit to the SEC no later than 45 days after the end of the March, June, September, and December quarters. The 13F is essentially a list of holdings that large investors own.
Individual activists or "whales" are also required to file Form 13F. These include successful investors such as Warren Buffett (see Berkshire Hathaway), T Boone Pickens (see BP Capital), Carl Icahn, and Eddie Lampert (see RBS Partners). By comparing current holdings with previous quarters, one may infer which stocks are being bought and sold by the "whales".

When are filings due?

13F filers aren't required to file until 45 days after the end of the quarter. If this falls on a weekend then filings are due the following Monday. While they can obviously file early, most filers tend to wait until the last minute to submit their filing. Of course there are always stragglers that don't file for days or even weeks after that.

What kind of assets must be reported on Form 13F?

Any asset that is considered a 13F asset by the SEC must be reported on Form 13F. The official list can be found at http://www.sec.gov/divisions/investment/13flists.htm. Basically anything that is traded on an exchange as well as certain equity options and warrants, shares of closed-end investment companies and certain convertible debt securities.

Why can't I find my favorite mutual fund?

The shares of open-end investment companies (i.e., mutual funds) are not Section 13(f) securities

I found an error in one of your filings. What gives?

Please remember that the import process is not perfect. It is entirely automated and done in real-time. So within an hour of the SEC releasing a filing, Whalewisdom imports and displays it. The risk with providing real-time access such as this is that the filing may contain mistakes or the import process incorrectly parses the filing. If you have doubts about the validity of certain filings then please check with the actual SEC filing. Links are provided back to every 13F filing used by the site. And if you find an error, please report it to us so we may correct it for others.

How up-to-date are the filings on Whalewisdom?

Whalewisdom checks with the SEC every hour to see if any new 13F filings have been posted. As soon as any are found they are automatically processed and released. You can see the latest filings by clicking here

How far back does the Whalewisdom database go?

The database goes back to the March 31, 2001 quarter. Only the last 9 quarters are available for free to everyone. Please contact us for pricing information to gain access to earlier time periods.

What do the designations PRN, CALL and PUT mean?

These are to segregate holdings by class. PRN refers to principal amount on corporate debt. If the holdings being reported are put or call options, then the designation "PUT" or "CALL" is used as appropriate.