13F

Extracted Attributes

• Regulator

  U.S. Securities and Exchange Commission (SEC)

• Mandated By

  Securities Acts Amendments of 1975

• Filing Deadline

  Within 45 days of the end of a calendar quarter

• Filing Frequency

  Quarterly

• Filing Threshold

  $100 million or more in Section 13(f) securities under discretionary management

• Excluded Holdings

  Short positions and open-end mutual funds

• Reported Holdings

  Long positions in exchange-traded equities, ETFs, options, warrants, and closed-end funds

Timeline

• Form 13F is mandated by the enactment of the Securities Acts Amendments of 1975 to improve transparency in U.S. securities markets. (Source: Web search results)

  1975-06-04

• The New York Stock Exchange and the National Investor Relations Institute submit a petition to the SEC supporting a requirement for disclosure of short positions on Form 13F. (Source: Wikipedia)

  2015-01-01

Form 13F

Form 13F is a quarterly report filed, per United States Securities and Exchange Commission regulations, by "institutional investment managers" with control over $100M in assets to the SEC, listing all equity assets under management. Academic researchers make these reports freely available as structured datasets. Form 13F provides position-level disclosure of all institutional investment managers with more than $100m in assets under management with relevant long US holdings. All US-listed equity securities (including ETFs) in the manager's portfolio are included and detailed according to the number of shares, the ticker, the issuer name, etc. The full list of securities currently covered by form 13F includes more than 17,500 securities. Form 13F covers institutional investment managers, which include Registered Investment Advisers (RIAs), banks, insurance companies, hedge funds, trust companies, pension funds, mutual funds, among natural persons or entities with investment discretion over its own account or another's. For example, an investment adviser that manages private accounts, mutual fund assets, or pension plan assets is an institutional investment manager. Short positions are not required to be disclosed on Form 13F, nor subtracted from long positions that are reported. In 2015, the New York Stock Exchange and the National Investor Relations Institute submitted a petition to the SEC supporting a requirement for disclosure of short positions on Form 13F. Form 13F is required to be filed within 45 days of the end of a calendar quarter, or if that day falls on a Saturday, Sunday or holiday, the deadline is the next business day. So, for example, for positions held as of the end of December, Form 13F must be filed by February 14 (if it is not a Saturday, Sunday, or holiday). Both the Chartered Alternative Investment Analyst (CAIA) designation and the CFA Institute make special mention of 13F-based analysis for due diligence and monitoring of investment managers, as well as investment-idea-generation. CAIA includes discussion of in its study materials, as well. Absent access to privileged access to manager holdings, Form 13F provides a baseline level of data with which to analyze investment manager exposures, performance attribution, and associated risks.

Web Search Results

• File Form 13F — Outsourced EDGAR Filing for RIAs | $175/Quarter | File13F

  ## What is Form 13F? Form 13F is a quarterly SEC filing that requires institutional investment managers with $100 million or more in Section 13(f) securities under discretionary management to publicly disclose their equity holdings. The form is part of the SEC’s EDGAR system and was mandated by the Securities Acts Amendments of 1975 to improve transparency about how large asset managers move money through U.S. securities markets. Filed reports become public record approximately 45 days after quarter-end and are widely used by investors, analysts, and regulators to track institutional positioning. ## Does my firm need to file Form 13F? [...] ## Where do I file Form 13F? Form 13F is filed electronically through the SEC’s EDGAR system at edgar.sec.gov. The filing must be submitted as a properly formatted XML document that passes EDGAR’s built-in validation. Your firm must have an active EDGAR account (CIK number and access codes) before you can submit. File13F handles the EDGAR submission as part of the $175/quarter service — you do not need your own EDGAR credentials. ## What is the Form 13F filing deadline?

• SEC Form 13F Explained: Filing Requirements, Insights, and Common Issues

  ### Key Takeaways SEC Form 13F is a quarterly report that institutional investment managers must file if they manage $100 million or more in assets. The form aims to bring transparency to the holdings of large U.S. investors but has been criticized for problems with data reliability and timeliness. Institutional investors only report long positions in their 13F filings, potentially misleading other investors who seek to emulate their strategies. Due to the 45-day reporting delay, the data on Form 13F may be outdated, affecting its usefulness for smaller investors. Critics suggest that the reporting requirements of Form 13F could benefit from updates to enhance accuracy and usefulness. Get personalized, AI-powered answers built on 27+ years of trusted expertise. [...] Investopedia / Jake Shi ## What Is SEC Form 13F? The SEC Form 13F is a crucial component for maintaining transparency in financial markets. Required for institutional managers with at least $100 million in assets under management, this quarterly filing offers a glimpse into the holdings and strategies of major players on Wall Street. Despite its regulatory importance, the form has faced criticism for issues related to data reliability and reporting timeliness, which can complicate its use for investors seeking to replicate top managers' strategies. ### Key Takeaways [...] Fact checked by Katrina Munichiello Full Bio Katrina Ávila Munichiello is an experienced editor, writer, fact-checker, and proofreader with more than fourteen years of experience working with print and online publications. Learn about our editorial policies SEC Form 13F: A quarterly report that must be filed by all institutional investment managers with at least $100 million in assets under management.:max_bytes(150000):strip_icc():format(webp)/form-13f.asp-final-3b25006f51bf4e88aa99044882e66252.jpg) Investopedia / Jake Shi ## What Is SEC Form 13F?

• 7 Frequently Asked Questions (and Answers) About Form 13F

  1. What is Form 13F? Initially introduced in 1975, the Form 13F is a tool used by the SEC to provide greater oversight of larger institutional investors and increase transparency. It’s a required quarterly form for qualifying institutional investment managers. 2. Who has to file Form 13F? Institutional investment managers who exercise investment discretion over $100 million or more in Section 13(f) securities are required to submit Form 13F. The term “institutional investment manager” can refer to any entity that “invests in, or buys and sells, securities for its own account” or a person or entity that invests on behalf of another person or entity. Institutional investment managers include: Investment advisers Banks Insurance companies Broker-dealers Pension funds Corporations [...] According to the ruling, qualifying institutional investment managers must submit four Form 13F filings if they surpass the $100 million filing threshold “on the last trading day of the month during any calendar year.” 3. When should you file a Form 13F? The SEC has established filing requirements for Form 13F under Rule 13f-1(a)(1) of the Securities Exchange Act of 1934. The first filing is due 45 days after the fourth quarter has ended of the year the $100 million filing threshold has been met. In other words, the first filing is typically due by February 14 of the following year (i.e., 45 days after December 31). Each additional filing is due 45 days after the end of each quarter (March 31, June 30, and September 30) for the remainder of the year.

• What Is SEC Form 13F? | DFIN

  ## Implications of Non-Compliance Since SEC Form 13F is a public disclosure of an institutional investors’ overall 13(f) security holdings, many of these organizations choose to file their reports at the end of SEC filing deadlines. Some groups see this as a tactic to avoid revealing changes to their investment strategies, such as short positions, but it can come at a cost. Although the SEC does grant extensions on certain filings, Form 13F is not one of them. The SEC directs late filers to submit information as soon as possible, instead of submitting an incomplete file on time. [...] ## What Information Does SEC Form 13F Require? The types of holdings that institutional investors must put on Form 13F relate specifically to securities classified under Section 13(f) of the Securities Exchange Act of 1934. Broadly, it includes securities that are traded on a public exchange. Under this heading, managers may need to include their holdings in exchange-traded stock, equity options, warrants, shares in closed-end investment companies and more. In contrast, shares in open-end investment companies are not required for reporting under Form 13f. The SEC publishes a quarterly list of Section 13(f) securities that managers can review to determine which ones to include. [...] ## Who Is Required to File Form 13F? As a rule, institutional investment managers are required to file Form 13F each quarter. Per the SEC, this category includes people who have the investment discretion to buy or invest in securities on behalf of an institution or a larger group of people. Investment organizations that may need to file this form include hedge funds, mutual funds, banks, insurance companies, and others, whether they are headquartered inside the U.S. or manage U.S. holdings from a foreign location.

• Form 13F -—Reports Filed by Institutional Investment Managers

  The securities that institutional investment managers must report on Form 13F are “section 13(f) securities.” Section 13(f) securities generally include equity securities that trade on an exchange (including the Nasdaq National Market System), certain equity options and warrants, shares of closed-end investment companies, and certain convertible debt securities. The shares of open-end investment companies (i.e., mutual funds) are not Section 13(f) securities. Section 13(f) securities can be found on the Official List of Section 13(f) Securities. The Official List is published quarterly and is available for free on the SEC's website. It is not available in paper copy format or on computer disk. [...] Form 13F is required to be filed within 45 days of the end of a calendar quarter. The Form 13F report requires disclosure of the name of the institutional investment manager that files the report, and, with respect to each section 13(f) security over which it exercises investment discretion, the name and class, the CUSIP number, the number of shares as of the end of the calendar quarter for which the report is filed, and the total market value. [...] An institutional investment manager that uses the U.S. mail (or other means or instrumentality of interstate commerce) in the course of its business, and exercises investment discretion over $100 million or more in Section 13(f) securities (explained below) must report its holdings quarterly on Form 13F with the Securities and Exchange Commission (SEC). In general, an institutional investment manager is: (1) an entity that invests in, or buys and sells, securities for its own account; or (2) a natural person or an entity that exercises investment discretion over the account of any other natural person or entity. Institutional investment managers can include investment advisers, banks, insurance companies, broker-dealers, pension funds, and corporations.

• Instance Of

  Q7889