Weekly Editors' Picks (02/21): A guide of investing strategy
Beginning from last Tuesday, mooers are able to view the lastest holdings of Wall Street's top stock pickers by 13F filings. So, what is it and why it matters? The Securities and Exchange Commission's (SEC) Form 13F is a quarterly report that is required to be filed byall institutional investment managers with at least $100 million in assets under management.Many retailed investors have attempted toutilize the Form 13F filings as a guide for their investing strategysince they give them with a view at the holdings of Wall Street's best stock pickers. But there are a number of unaviodable problems with 13F filings that warrant caution which probably causeIncomplete DataandHerd Behavior. Compared with its problems, what are effectiveness of 13F filings?
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