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Show HN: Wallstreetlocal – View investments from America's biggest companies
51–60 of 64 posts
Re: Show HN: Wallstreetlocal – View investments from America's biggest companies
#52Very interesting project, I like the overview. I also really like that you took the finance industry as a theme for your project. >> Every company in the United States Sorry for being so fussy but I highly recommended changing the word 'company' / not using it in the future, as the title is quite misleading. No private company in the US has to register with the SEC or has to file with the SEC. 'Investment advisors',…
I think that’s not entirely correct either, for example Nvidia had to file a 13F for its holdings after their value of ARM shares exceeded 100M. And the requirement I believe is not for investment advisors (which is its own thing, see Register Investment Advisors from the SEC), but broadly extends to institutional investment managers which is a lot looser of a definition that can certainly include private companies like broker-dealers, in addition to hedge funds, RIC, etc as well as public corporation like Nvidia depending on the types of activities they are involved in.
Re: Show HN: Wallstreetlocal – View investments from America's biggest companies
#53Earlier quoted context omitted.
I geniunely did not know that there was a real difference between companies and asset managers. Sorry for the confusion. Thanks for informing me, and for the kind words, I'll make sure to avoid using the word company from now on.
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Guess I just missed it. The SEC's search database provides info for companies and money mangers alike, so I wrongly assumed they were the same thing. Sorry.
Re: Show HN: Wallstreetlocal – View investments from America's biggest companies
#54Dang, I saw the name and hoped it was a map-based app that showed you ownership of things around you (further intriguing me because I don't believe such data exists at a local scale anyway). Great project though! Opening up these sort of semi-encumbered datasets is what keeps humans well informed I'm from MI as well and always wondered about deeper datasets for watching money and influence change hands
The app landglide does what you're saying pretty well.
Re: Show HN: Wallstreetlocal – View investments from America's biggest companies
#55Earlier quoted context omitted.
As if that would be real...
Gains are gains, regardless. You don’t have to believe for the number go up.
There's no gain to be made like that. The fact that you mention Nvidia is a selection bias: you won't mention the 1000s of other companies for which that didn't work, or even you would have lose money.
I could tell you that stocks starting with a vowel have positive returns in Christmas of odd years. Even though "gains are gains", it's just a selection bias as well and isn't tradable.
As a non professional investor, you are better off considering that any information you have access to is already priced in the market. If the price is lower than what you think, it's probably not a "good deal", but rather that you didn't understand the risk that other most sophisticated players priced.
Re: Show HN: Wallstreetlocal – View investments from America's biggest companies
#56> The Securities and Exchange Commission (SEC) keeps record of every company in the United States. No. SEC keeps tabs on publicly traded companies, large institutional investors and the like. Hence the 'securities' and 'exchange'. Most companies in the US are private and not publicly traded. And most companies are not asset managers. > and valuable analysis is often hidden behind a paywall. Sure, but that's because a…
Private companies don't have to file 13Fs, sure, but it's not true that the SEC doesn't 'keep tabs on' them, they still have to be non-fraudulent in their private offerings, etc.
Re: Show HN: Wallstreetlocal – View investments from America's biggest companies
#57Earlier quoted context omitted.
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Guess I just missed it. The SEC's search database provides info for companies and money mangers alike, so I wrongly assumed they were the same thing. Sorry.
They’re being rude, I don’t think you have anything to be sorry for. Very cool project, well done!
Re: Show HN: Wallstreetlocal – View investments from America's biggest companies
#58I am working on a somewhat similar project, for searching items 1 and 1a in 10-k annual reports, that I am hoping to release in the near future. I would be interested to hear what lessons you end up learning about scaling up to handle the interest you got from HN.
Re: Show HN: Wallstreetlocal – View investments from America's biggest companies
#59Very interesting project, I like the overview. I also really like that you took the finance industry as a theme for your project. >> Every company in the United States Sorry for being so fussy but I highly recommended changing the word 'company' / not using it in the future, as the title is quite misleading. No private company in the US has to register with the SEC or has to file with the SEC. 'Investment advisors',…
I think that’s not entirely correct either, for example Nvidia had to file a 13F for its holdings after their value of ARM shares exceeded 100M. And the requirement I believe is not for investment advisors (which is its own thing, see Register Investment Advisors from the SEC), but broadly extends to institutional investment managers which is a lot looser of a definition that can certainly include private companies l…
Good point, I did not mention that. Non-registered investment advisors are also included but this relates more to banks, bank holdings and broker/dealers (e.g. investment banks) who trade on 'investment discretion'[1]. Thus it means entities that are not registered as an investment advisor but still invest on behalf of outside clients and not their own book. This does clearly not apply to Nvidia. It is highly unlikely and not logical that they would manage money for third parties in the name of the public corporate entity, just for a pure side hustle. As that would not contribute much financially (in terms of fees that are earned from managing money on behalf of others) nor to their core business.
The reason for this 13F filing, as you already guessed to some extent, is that Nvidia is a publicly traded company. As such it is subject to a wide range of SEC filings including those from section 13[2].
Nvidia seems to be a rare case. Acquiring public equity, as a company - especially as a public one, just for the purpose of managing concurrent assets, is very unusual but not out of the question - just away from the textbook. Given the fact that its ARM, whose acquisition failed before Nvidia filed the 13F, it could also serve some other purpose, e.g. showing that interest is still present.
[1] https://www.sec.gov/divisions/investment/13ffaq#:~:text=Bank....
[2] https://www.legalandcompliance.com/securities-law/sec-report...
Re: Show HN: Wallstreetlocal – View investments from America's biggest companies
#60Isn't there a website where you can view the trades by day of executives at large companies and see what moves they're making?
I used to have it bookmarked