Funds and investors managing more than $100 million must disclose their positions quarterly.
We know what famous investors own from quarter to quarter because of this.
You can find ideas there, and different fund managers look for different companies.
But these updates don’t report trades, only what they have in their portfolio on the last day of every quarter.
After each quarter ends, these filings must be made 45 days later.
This is why most 13Fs start rolling in on May 15, Aug 15, Nov 15, & Feb 15.
These are for the quarters ending Mar 31, Jun 30, Oct 31, and Dec 31 respectively.
If they own 5% of a company, they’ll have to tell us the trades that happened during the quarter 45 days after the end of each quarter.
If they 10% or more, they’ll become an “insider” and will have to report all of their trades within a few days.
Which is why there’s constant updates of Berkshire Hathaway buying more of Occidental Petroleum, because they own more than 24%.
⚠️ You need to know that every super investor invests differently. While Buffett and Munger focus on long-term investing, Burry tends to take short-term positions.
Applying a buy and hold mentality to what Burry have in his portfolio may not be the best way to utilize 13Fs filing.
You can find out what these super investors owns here: https://www.dataroma.com/