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Join our Compliance Community Access a suite of free services that are used by the world's top investment managers. Become a FundApper! Check out our current opportunities and find your next role here. What is Form 13F and who does it apply to? What does the Form 13F report need to include? The Form 13F report requires you to disclose: The name of the institutional investment manager that files the report and, with respect to each section 13 f security over which it exercises investment discretion: The name and class The CUSIP number The number of shares as of the end of the calendar quarter for which the report is filed The total market value When is the next filing deadline?
What are the consequences for not complying? To find the filings of a particular money manager, enter the money manager's name in the Company Name field. Test your knowledge on common investing terms and strategies and current investing topics. Learn about investing risks in certain companies that provide exposure to China-based businesses. Are you prepared for your financial future? Use this checklist to get started. Please enter some keywords to search. For example, sole discretion is when an investment manager has control of the position.
Shared-defined is when the firm making the filing controls or is controlled by another legal entity, or when discretion is shared between managers. Shared-other is any position where discretion is shared in some other manner.
In that case, the filing investment manager can aggregate the Section 13 f security holdings on its form without identifying the other manager.
As such, investment managers should have reporting to identify if they are meeting or exceeding these thresholds. Once the requirement to file is triggered, the investment manager must submit its initial Form 13F filing for the quarter ending December 31 within 45 days of calendar year-end.
And once established, the filing obligation continues for a minimum of three 3 consecutive calendar quarters i. If required, the first Form 13F filing of is due on February 16th for the quarter ending December 31, Advisers that do not exceed the threshold during a calendar year may discontinue Form 13F filings. There is not a termination or withdrawal filing. There are some situations where an investment manager has a Form 13F filing obligation, but relies on another firm to make the filing.
For example, in a sub-advisory relationship, the parties can decide which entity will be responsible for the Form 13F filing regarding the sub-advised assets. Once the submission is complete, firms are required to retain a signed hard or electronic copy of all EDGAR filings and related documents in their books and records available for SEC inspection during an examination for a period of 5 years from the date of filing.
Managers are required to identify whether they have sole, shared, or no voting authority. Just because a manager has investment discretion does not mean that it automatically has proxy voting authority.
Discretionary brokerage accounts could trigger a filing obligation for broker dealers.
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