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How to get alerted when a hedge fund's new 13F posts, and act on it in your account

How to get alerted when a hedge fund's new 13F posts, and act on it in your account.

Chris Josephs6 min read

I'm Chris, one of the co-founders of Autopilot. An alert tells you something happened. It doesn't do anything about it. Most people who want 13F alerts actually want the second part, so here's both.

One thing first, because we're an SEC-registered investment adviser and I have to say it. Autopilot is the app. The actual investment advice comes from Autopilot Advisers, LLC. If you want the full legal version of anything in here, it's on our disclaimer page.

When filings land, and how to watch for them

Institutional managers over the reporting threshold file a Form 13F within 45 days of each calendar quarter's end. That puts the deadlines in mid-February, mid-May, mid-August and mid-November, and plenty of firms file on the last possible day.

EDGAR is the primary source and it's free. You can pull a firm's filing history by its CIK number, and EDGAR offers full-text search and RSS feeds you can subscribe to. If you want alerts and nothing else, that's the free, first-party way to get them, and I'd rather tell you that than pretend you need us for it.

How to read one once it arrives is in How to read a 13F filing, and what the form does and doesn't include is in What's a 13F, and can you actually see what Warren Buffett bought last quarter?.

The part an alert doesn't solve

You get the alert. Now you have to open the filing, work out what changed since last quarter, decide what that means in your own proportions, place the trades, and remember to do the same thing in three months. Most people do this once and then don't.

That gap between knowing and doing is the entire reason a tracker Portfolio exists.

What following does instead

You pick a tracker Portfolio built on a firm's filings. When a new filing posts, the Portfolio updates and your account follows it. You give Autopilot Advisers limited authority to send orders to the account you already have. When the Portfolio changes, we send them and your broker fills them. The money stays put.

No alert to act on, because the acting is the product. What the Portfolios are and which firms they cover is in The hedge fund and Wall Street Portfolios.

The delay, said out loud

Nothing here beats the filing calendar. A 13F can be filed 45 or more days after the quarter closes, so the position you follow is one the manager may have already changed. Anyone offering you a fund's trades faster than the filing is not working from public information. That's true of an alert, a tracker and a table alike.

Frequently asked questions

13F filing alert app

EDGAR itself offers full-text search and RSS feeds, free, and that's the primary source. What an alert can't do is act on the filing, which is what a tracker Portfolio does.

app that trades when a new 13F is filed

That's what a tracker Portfolio on Autopilot does. When a new filing posts the Portfolio updates and your account follows it in the brokerage you already have.

How do I know when a hedge fund files a new 13F?

Watch the firm's CIK on EDGAR, or subscribe to its filing feed. Deadlines fall 45 days after each quarter ends, so mid-February, mid-May, mid-August and mid-November.

When are 13F filings due?

Within 45 days of the end of each calendar quarter. Many firms file on the final day, which is why the whole market of trackers moves at once in those weeks.

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Since Autopilot Advisers is an SEC-registered investment adviser, we have to put disclaimers on stuff like this. They're below, and the full version is on our disclaimer page.


Disclosures

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