Why isn’t fund X listed as holding company Y?
• Funds are allowed to list their holdings (the actual company name) however they want. • This is a major problem when throughout the major exchanges; there may be several companies with very similar names. – If we can’t determine with confidence which company a fund is referring to then we won’t record it at all! • 13F holdings reported to the SEC use CUSIPs, that is why it is very easy/common to see major holders of most U.S. Stocks. • Major (SEC defined, like either million in assets or a top ten holder of a security) holders report in an easy, distinguishable way. • We, however, count all holders which requires dissecting and disseminating the minor mutual fund filings (without easy CUSIPs to use) and try to match up names with companies.
