Disclaimer & Terms of Use

No Financial Advice

The information provided on 13FAI.com is for informational and educational purposes only. Nothing on this site constitutes investment advice, financial advice, trading advice, a solicitation, a recommendation, or an offer to buy or sell any security or financial instrument of any kind. Nothing on this site should be construed as professional financial, legal, or tax guidance of any kind.

Any statements, figures, rankings, or commentary on this site represent the output of automated data processing and should not be construed as professional analysis or opinion. You should always conduct your own independent research and consult with a qualified, licensed financial advisor before making any investment decision.

Data May Be Wrong — No Reliability Should Be Placed on Any Figure

All data, calculations, aggregations, and presentations on this site may contain errors. This includes but is not limited to: reported share counts, reported portfolio values, percentage calculations, portfolio weight calculations, quarter-over-quarter change figures, year-over-year change figures, aggregate value figures, price estimates, fund totals, rankings, and any other derived or computed figure shown anywhere on this site.

Errors may be introduced at any stage, including but not limited to: fetching data from third-party sources, parsing raw SEC filings, converting data formats, aggregating across multiple sources, applying value multipliers, mapping securities to tickers, rendering figures in the browser, or any other step in the data pipeline. No figure on this site has been independently verified for accuracy.

You should place no reliance — zero — on any figure, calculation, ranking, or presentation shown on this site for any financial decision. Always verify data directly with the original SEC EDGAR filing at sec.gov before acting on any information you see here.

Data Is Stale By Design

13F filings are required to be submitted within 45 days after the end of each calendar quarter. The holdings shown on this site therefore reflect positions as of a date that is at minimum 45 days in the past and potentially much older. Fund managers may have dramatically increased, reduced, or fully exited any position shown on this site since the most recent filing date. What you see here is not current — it is historical disclosure data.

Additionally, this site may not have processed the most recent available filing for any given fund. Data shown may be one or more quarters out of date beyond the standard 45-day delay. The "last filed" dates shown are sourced from automated processing and may themselves be inaccurate.

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User Responsibility

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Governing Law

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Changes to This Disclaimer

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