5% Stakes: Who Just Bought a Big Piece
Anyone who ends up owning more than 5% of a company's shares has to tell the SEC. Active owners, who may push for changes, file a 13D and must say why. Passive owners such as index funds file the shorter 13G.
The first filings will appear after the next daily update.
From Schedule 13D and 13G filings on SEC EDGAR, filed in XML since December 2024. The stake is the largest percentage reported by any one person on the filing.
Examples
- In 2013 Carl Icahn filed a 13D on Dell and pushed against the founder's buyout price. Activist 13Ds like that often come with a letter to the board.
- Vanguard and BlackRock file hundreds of 13Gs a year because their index funds own more than 5% of many companies. Those filings say little about any one stock.
About this page
WallStPal explains public SEC filings and congressional stock trade reports in plain English. Nothing is for sale; the site is free and supported by ads.
How to read it
- Form 4
- The form a company insider (officer, director or owner of more than 10%) must file with the SEC within two business days of buying or selling the company's shares.
- 13F
- A quarterly list of U.S. stocks held by an investment manager with more than $100 million, filed within 45 days after each quarter ends.
- STOCK Act
- A 2012 law that requires members of Congress to report stock trades by themselves, a spouse or a dependent child within 45 days.
A real example
In January 2016, when bank stocks were falling, JPMorgan Chase CEO Jamie Dimon bought 500,000 JPMorgan shares with his own money, worth about $26 million. His Form 4 made the purchase public within days, and investors read it as a strong sign of confidence.
Explain it like I'm 13
We read the long, boring forms that grown-ups file with the government and tell you what they say in normal words.
Data from public SEC filings and congressional reports. Information, not investment advice. Check every number against the filing linked on the page.