Edgr

Edgr

A hedge fund in your pocket

9 followers

Edgr’s algorithms sift through the regulatory filings of institutional money managers and highlights their stock investments for further research. Find hundreds of publicly disclosed stock ideas from sophisticated fund managers with successful track records.
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Edgr gallery image
Edgr gallery image
Edgr gallery image
Edgr gallery image
Edgr gallery image
Edgr gallery image
Launch tags:Fintech
Launch Team
agent by Firecrawl
agent by Firecrawl
Gather structured data wherever it lives on the web
Promoted

What do you think? …

Abdelilah Driouch
Great idea, I would love to use it, However it's not available on iOS Appstore in my region for some reason.
Robert Rozenvasser
@abdelilahdr Hi Abdelilah, Thank you for your interest! Unfortunately the app is currently only available in the US and Canada, but we are hoping to expand to other regions shortly. Please stay tuned.
Jonathan Mbuyi
@robert_rozenvasser, why is your app isn't available worldwide?
Robert Rozenvasser
@jonathan_mbuyi Hi Jonathan! The financial regulations of different jurisdictions may vary, so we wan't to ensure we are in compliance with local laws before launching outside the US and Canada. That being said, having global reach is one of our top priorities.
Robert Rozenvasser
@jonathan_mbuyi Financial regulations vary across jurisdictions and we need to ensure we are in compliance with local laws before launching anywhere outside the US and Canada. We are working hard to make the app available in more countries
Kurosh Hashemi
Hi @robert_rozenvasser Super, this is really exciting! I used to scan FactSet's quarterly hedge fund investments report when it came out and invested in the most picked investments. A bit difficult and time consuming, but was pretty successful when I had the time for it. Some follow up questions though: 1) How would you compare using your app vs using my previous approach? 2) From what I understood, the filings are released 3 months after the fact. How does that weigh into how someone would use your app? Particularly for selling, that made my previous process really hard to time 3) What does the 'historical performance' chart on the front of the app represent given that start date is Jan 2005 on the chart but you guys only just launched? 4) Is Edgr's Index an actual index we can invest in, or is it a set of recommendations?
Robert Rozenvasser
@kurosh_hashemi Hi Kurosh, We appreciate your excitement and great questions! 1. On Edgr you’ll find only a small set (roughly 300 funds) which report to the SEC. Thus, we’ve done the legwork of determining which funds seem to be most suitable for a portfolio replication strategy. As compared to your previous approach, this is already a much smaller data set you need to traverse. In addition, the Edgr Index highlights a maximum of only 20 stocks from the latest set of filings. If you don’t want to spend the time sorting through individual fund filings, then researching these stocks is a good place to start. 2. Yes, there is a 45-day lag. However, the funds on our platform generally hold securities long term and this delay isn’t so much of an issue. We also provide you with back tested returns for each fund across different time horizons so that you may visualize for yourself how its reported holdings performed since they were made public. While not all funds have strong performance, as calculated purely from their Form 13F filings, you will find that many do in fact consistently outperform market benchmarks. 3. The Edgr Index is derived by using an algorithm which can be “back tested”. Thus, by using SEC filing data going back to 2005, we are able calculate what the hypothetical return on a portfolio would be had stocks been bought and sold on each filing date as mandated by the algorithm. The stocks in the Edgr Index are updated on every 13F filing due date and stocks which no longer appear in the index are assumed to have been sold. Legally speaking, we must say that past performance is no guarantee of the future results and our back tested calculations may contain some degree of statistical error. 4. At present, Edgr is simply an investment research tool. You would have to replicate any insights you gain on our platform in your personal brokerage account. However, we hope to eventually make Edgr an investible index.