Latest research, educational guides, and news from the world of institutional investing.
Bank of New York Mellon reported $567.68 billion in 13F value for Q4 2025 across 33,186 positions. Here is how the world's largest custodian bank invests its own capital.
Dimensional Fund Advisors ended 2025 with $476.72B of reported 13F AUM and 13,709 holdings, showing how a Fama-French-style factor process still works at immense scale.
Norges Bank holds $935 billion in US equities across 1,577 positions. Here is how sovereign wealth fund 13Fs differ from hedge funds, and why GIC and ADIA should be read through a broader long-term lens.
A 10% quarterly AUM move is usually market drift. A 50% move may be new money, a filing-entity reset, or a reporting-basis change. Here is the decision tree investors should use before overreacting to a 13F jump.
Susquehanna reports $868 billion in 13F value, but it is an options market maker, not a traditional asset manager. Here is why reported 13F values for firms like SIG, Citadel, and Jane Street do not mean what most investors think.
Scott Farquhar sold about $2.06 million of Atlassian stock over two January 2026 trading days, yet 13G data still points to founder-level beneficial ownership at TEAM.
Northern Trust’s Q4 2025 13F reported $784.38B in disclosed value, but the filing makes more sense as a window into a custodian bank and wealth manager’s client exposures than as a classic hedge fund portfolio.
Geode Capital Management’s Q4 2025 13F highlights how a behind-the-scenes Fidelity sub-adviser concentrated enormous benchmark-driven capital in Nvidia, Apple, Microsoft, and other mega-cap leaders.
Bank of America’s Q4 2025 13F looks less like a stock-picker’s book and more like Merrill wealth management at scale, with massive ETF sleeves in VTV, VUG, IEFA, and SPY keeping top-five concentration at just 12.9%.
Fairholme Capital Management's $1.43B portfolio reveals extreme conviction, with real estate developer St. Joe Company (JOE) commanding over 80% of assets.
A hedge fund buying a new stock makes headlines, but true conviction is revealed in how a fund sizes its positions over multiple quarters.
Don't just look at the stock holdings. Discover how hedge funds use massive options books to signal leverage, hedging, or downside expectations.
Zoom founder Eric Yuan has systematically liquidated $1.3 billion in stock over his tenure. We explore why these 10b5-1 sales shouldn't worry long-term investors.
NVIDIA's Jensen Huang has executed over $3 billion in stock sales, but a deep dive into his derivative holdings shows he retains massive equity control.
Michael Burry's Scion Asset Management revealed a highly concentrated 4-stock portfolio in Q4 2025, with Palantir making up over 80% of the assets.
Inside Renaissance Technologies' massively dispersed Q4 2025 13F, highlighting their surprising $1.56B top position in Palantir.
Analyzing Dan Loeb's $7.27 billion 13F for Q4 2025, where distressed utility PG&E shares the top spot with AI leader NVIDIA.
When a fund’s reported 13F value falls during a rising market, something important may be happening outside the visible equity book. Here is how to read that signal.
13D and 13G filings can matter as much for timing as they do for ownership. Learn why the filing date itself often changes the signal — especially when activist intent is involved.
An amended 13F is more than paperwork. It can reveal corrected positions, newly visible holdings, or a very different picture than the original filing suggested.