What is 13D Alerts
What is a 13D filing?
A 13D filing is an SEC filing that must be submitted within 10 days by anyone acquiring more than 5% of a publicly listed company.
What is the significance of a 13D filing?
The purpose of the filing is to allow the public to see who a company's major shareholders are and importantly what their intentions are. These filings can be precursors to events which could affect the price and value of the target company.
Typically when activist investors target a company, a 13D filing is submitted to the SEC. Activist tend to push a target company to take meaningful action in order to generate shareholder value. These actions could include but are not limited to: divestitures, breakups, mergers and/or special dividends.
More on why 13Ds matter
What We Do
Our system monitors the SEC database and sends an email alert to subscribers when a 13D filing is made by a large investor/hedge fund. The alert includes the name of the target company, the investor, ticker and the purpose of transaction in the filing.
Learn why 13D filings are important
Easy way to read a 13D filing
13D filing database
We provide access to a our powerful database of recent 13D filings, allowing users to filter, sort and search through 1,000s of filings using key data points we have mined.
Cloning hedge fund investments
The team here at 13D Alerts has successfully employed an investment strategy which heavily relies on 13D filings to identify investment opportunities*. However one of the limiting factors was a low cost and efficient way to monitor the SEC for 13D filings and to get them right away. This has led us to invest in a software system which will do the grunt work for us and not have to shell out $1,000s to high priced data providers.
Activist campaigns are for the most part spurred by the basic premise that there is unlocked value in the stock of a company and that the management and/or board can make changes to unlock that value.
Usually the 13D filings include:
With an activist investor involved in a target company, there is a catalyst to unlock value, unlike some value investment plays which can end up being value traps for years.
Existing Alert Systems Cost >$1k
The existing systems we could find that perform this same function cost more than $1,000/ year at the minimum.