July 27, 2020
-As a small investor, managing my IRA funds, I rely on subscriptions to newsletters from analysts who have more time and resources to analyze stocks and markets than I do. Several of them rely heavily on 13F to see where professional managers are investing, both to identify excellent prospects but also to identify buying pressure that results in increased stock prices.
Also, if you are not yet aware, there is a great rift in this country right now about wealth and about financial institutions and Wall Street. Reducing the amount of information about large scale (over $100 million) will reduce not only the appearance of honesty and transparency, but actual transparency. Not what we need as a county at this time.
The 13F filings are important for leveling the playing field between small investors, like retirees such as us, and institutional investors.
Thank you for your consideration