Latest research, educational guides, and news from the world of institutional investing.
Form 4 filings for Jeffrey E. Eberwein show a mixed buy-sell sequence in Star Equity Holdings during December 2025, including a large same-day swap pattern.
BSN Capital Partners reported a compact 24-position portfolio with NVIDIA at 21.8% and top-5 concentration above 61%.
Learn how to read Form 4 transaction codes, separate mechanical selling from signal-rich activity, and avoid common interpretation mistakes.
Banque Transatlantique SA reported a $4.13T portfolio with almost half of capital in five stocks led by Microsoft and NVIDIA.
Form 4 filings show Ronda E. Stryker sold about $181.7M of Stryker shares on February 4-5, 2026, following the company's latest earnings and guidance cycle.
A plain-English guide to Schedule 13D: what triggers it, why it matters, and how retail investors can read activist intent more clearly.
GROUPAMA ASSET MANAGMENT's Q4 filing shows a dramatic AUM jump versus Q3 and a broad position reset centered on U.S. mega-cap tech.
Form 4 filings show Apple CEO Tim Cook sold roughly $33.4M of AAPL on October 2, 2025, one day after a major exercise-and-tax-withholding cycle.
A practical, beginner-friendly workflow for turning 13F filings into an actionable watchlist without drowning in spreadsheets.
Employees Provident Fund Board reported a $13.6T Q4 portfolio with NVIDIA and Microsoft at the top and nearly half of capital concentrated in its top 10 holdings.
Form 4 filings show Micron CEO Sanjay Mehrotra sold about $27.5M of MU shares from October 1 to November 7, 2025, after a heavy exercise window and into a record revenue cycle.
Franklin Resources — the parent of Franklin Templeton, one of the world's oldest fund families — files $408B with 14,263 positions. Its Q4 2025 13F has Microsoft over NVIDIA at #1, a massive $4B Citigroup bet, Cisco built 18%, and Exxon in the top 10. This is active management that refuses to follow the momentum crowd.
DFA — the firm that brought academic factor research to real portfolios — files 13,709 positions without a single ETF or index fund. Its Q4 2025 13F reveals a 17.9% top-5 concentration with Berkshire Hathaway, Exxon, and Visa in the top 15 — the anti-momentum portfolio built on Nobel Prize-winning research.
While Bank of America cut SPY by 55% and Goldman Sachs slashed it by $11B, Wells Fargo went the other direction — increasing its SPY stake by 75.5% to $19.7B. The 4th-largest U.S. bank also made SPY its #1 holding, cut small caps 21%, and loaded $11.4B into QQQ.
Bank of New York Mellon's $568B Q4 2025 13F has more positions than any other institutional filer we track — 33,186. Founded by Alexander Hamilton in 1784, the custody bank's portfolio is less an investment thesis and more a census of American equity ownership.
Wellington Management is the largest pure active manager in our database — no ETFs, no index funds. Its Q4 2025 13F reveals a $571B portfolio where healthcare rivals tech for attention: Lilly at $14.4B, Merck at $9.1B, and a Meta trim of 18% that goes against the passive consensus.
Schwab Investment Management's Q4 2025 13F reveals $644B across 3,592 positions — the fewest holdings of any top-10 filer by AUM. The portfolio's distinctive feature: $24B in Schwab-branded ETFs (FNDX, FNDF, SCHR) sitting alongside the usual mega-cap tech. This is Main Street's money, managed.
Invesco runs the $300B QQQ ETF — the world's most famous Nasdaq tracker. But the company's own $652B 13F filing is far more diversified than its flagship product, with Tesla +14%, Cisco surging into the top 15, and a Netflix position that exploded 836% in shares.
Bank of America's Q4 2025 13F reveals the last uncovered megabank: a $1.375 trillion portfolio with 28,105 positions, a 12.9% top-5 concentration that makes it the most diversified major bank filing, and a massive Vanguard ETF allocation that signals where Merrill Lynch clients actually park their money.
Irwin Jacobs co-founded Qualcomm, pioneered CDMA technology that powers every 3G/4G/5G phone on Earth, and filed 5,491 insider transactions — nearly all sells and gifts. His methodical exit from the company he built is a masterclass in founder wealth management.