Every institutional position in US stocks, from SEC filings, rebuilt honestly. See who owns what, watch the crowd arrive and leave, and know when a trade is already crowded. Tested against ten years of history before we showed you any of it.
Holdings as of Sep 30, 2023, filed by Nov 15, 2023 · next drop mid Aug
The whale race?Each line is $1 copying that whale's filings at every quarterly deadline, rebalanced each quarter, rebased to your chosen start date. Add or remove whales with the tags; press Replay to sweep quarter by quarter. Dividends excluded.
what copying each whale's filings returned, $1 at your chosen start
What a copycat would have made: buying each filed book, bought at every filing deadline, rebalanced quarterly. Price returns, dividends excluded on all lines. Copycat of public filings, not the fund's actual performance. * = under 80% of the book priceable, read loosely.
The Crowd Meter:quiet ownershipcrowd arrivingcrowded, late-money risk
Crowd arriving fastest?Names whose active institutional holder count grew fastest in the latest filings. Our ten-year backtest says fast pile-ins mark late money, so read this as a caution list, never as picks.
Fast pile-ins mark late money, not early money. These are caution flags, not picks.
Fire exits?Names where a big share of the active holders closed out entirely last quarter, right after the name was crowded. The unwind phase of the crowding cycle.
Where the money spread?Net new active positions by industry group across under-owned names: funds in minus funds out. Click a sector row to see the stocks driving its flow.
Click a sector to see which names drove the flow. Numbers are net funds in minus funds out, under-owned names only.
What the whales just did?The famous whales' biggest moves in the selected quarter by dollars: brand new positions, additions of 25% or more, and complete exits, from their filed books.
Sep 2023 filings · biggest moves by dollars
Moves history for this quarter is still being computed. The newest quarter is always available.