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Show HN: I made a free tool that analyzes SEC filings and posts detailed reports

signalbloom.ai

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Re: Show HN: I made a free tool that analyzes SEC filings and posts detailed reports

#71

Post by NoToP »

martinbaun wrote: post #4

I was thinking of building exactly this type of thing here. This is great and I love the simple/minimalistic styled pages. Things I was also contemplating to implement you can freely steal: 1. Giving a list of potential interesting investments - these could also be behind paywall. 2. Summarize based on sectors to see where there's downturns coming - again maybe paywall this 3. Connect with news-sites or twitter etc..…

I'm interested in this topic too, but am approaching it from an auditing rather than from an investing angle.

Re: Show HN: I made a free tool that analyzes SEC filings and posts detailed reports

#72

Post by Galanwe »

Nicholas_C wrote: post #69

Pretty cool, reminds me of content from SeekingAlpha. I'm trying to do something unrelated with public companies, where did you get a list of all companies filing with the SEC? Or was it built based on whoever filed 8-Ks? A google search leads me to this list [0] but it's missing a few companies. [0] https://www.sec.gov/files/rules/other/4-460list.htm

The EDGAR website has a symbology of CIKs where all companies, people and events are listed.

There is an API, and daily historical snapshots available.

Re: Show HN: I made a free tool that analyzes SEC filings and posts detailed reports

#73

Post by otoburb »

am3101 wrote: post #65

I am a portfolio manager of a small/mid-cap equity fund. This is definitely cool and clearly took a lot of time and thought! If this is a side project, that's amazing and I love it. If you did want to take it further though, I would though encourage you to spend some time interviewing potential users and thinking through how you are creating value. As a fundamentals investor, to win in stockpicking (especially agains…

Seems like 1-3 above could be answered/tracked with some plumbing pipeline elbow grease leveraging tools like open source edgartools[1] (just a happy user) or sec-api[2] paid proprietary service.

4 would be a heavier lift because it goes beyond the basic skill set of an average data/junior analyst.

[1] https://github.com/dgunning/edgartools

[2] https://sec-api.io/

Re: Show HN: I made a free tool that analyzes SEC filings and posts detailed reports

#74

Post by trod1234 »

Out of curiosity, how does your tool manage to account in its reports, for entities that have engaged in keeping a separate set of books as covered under FASAB S-56?

If you are unfamiliar this was passed mostly secretly in 2019 during the whole Kavanaugh confirmation, almost without issue crossing party lines. Its made every SEC required statement effectively worthless for the entities involved in any project or work that touches on national security.

There are at least 7 of the largest companies that make up the majority of the DOW/other indexes that may be covered.

Re: Show HN: I made a free tool that analyzes SEC filings and posts detailed reports

#75

Post by curiouscats »

Interesting, good job.

Minor suggestion: I would make the home page feed show popular stocks (so that it is more interesting to new visitors and also engaging to regular visitors). You could just pick 100 stock symbols or combine that with something like what you are seeing people search for (I would manually check the popular search ones - some may not make sense to add to the home page feed).

Re: Show HN: I made a free tool that analyzes SEC filings and posts detailed reports

#76

Post by GodelNumbering »

am3101 wrote: post #65

I am a portfolio manager of a small/mid-cap equity fund. This is definitely cool and clearly took a lot of time and thought! If this is a side project, that's amazing and I love it. If you did want to take it further though, I would though encourage you to spend some time interviewing potential users and thinking through how you are creating value. As a fundamentals investor, to win in stockpicking (especially agains…

Superb comment! Appreciate the insights and the time you took to write it. If possible, I'd like to get in touch with you to talk more about this. Couldn't find your contact info on your profile

Re: Show HN: I made a free tool that analyzes SEC filings and posts detailed reports

#77

Post by GodelNumbering »

trod1234 wrote: post #74

Out of curiosity, how does your tool manage to account in its reports, for entities that have engaged in keeping a separate set of books as covered under FASAB S-56? If you are unfamiliar this was passed mostly secretly in 2019 during the whole Kavanaugh confirmation, almost without issue crossing party lines. Its made every SEC required statement effectively worthless for the entities involved in any project or work…

Currently it does not track the separate books. Something that needs to be done in future iterations. Thanks!

Re: Show HN: I made a free tool that analyzes SEC filings and posts detailed reports

#78

Post by GodelNumbering »

Marciplan wrote: post #57

Your search seems broken (maybe because of the HN hug) Also, rename "News" to "Latest Filings" or something more direct. Generally websites use "news" to refer to news about themselves, which nobody cares about.

This is a really good suggestion (changing "news" to "latest filings"), done, thanks!

Re: Show HN: I made a free tool that analyzes SEC filings and posts detailed reports

#79

Post by GodelNumbering »

hermitcrab wrote: post #56

Is anyone trying to automate the detection of the rampant insider trading that is, no doubt, going on at present?

I have a prototype doing just that! That is on the roadmap :)

Although, it is not as exciting as some make it sound. Most insider trading reports are utterly boring. There are a small percentage that are valuable though

Re: Show HN: I made a free tool that analyzes SEC filings and posts detailed reports

#80

Post by GodelNumbering »

0wis wrote: post #46

I love it ! Thanks for sharing here ! I have to build a project for data analysis with ML (and optionally AI) for a course and certification I am passing, this is a great inspiration. I will probably do something simpler on European stocks. You say it was a year long effort, was it full time ? Do you have an estimation of how many hours you spent on it ? Did you do it alone ?

I lost track of the hours lol. Technically it is a side project but I have been putting all my spare time into it. I had some help too.

For European stocks, is there a common EU regulatory body where all filings are submitted? That would be a good start

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