Insights

Analysis and observations on institutional investment activity.

Private Credit's Liquidity Test: What Fund Filings Reveal

Outflows are already visible in the liquid corners of private credit. N-PORT filings show what sits inside the less-liquid ones — and how much of it can actually be sold in a hurry.

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SpaceX Files for IPO: Which Registered Funds Carry the Biggest Combined Exposure

SpaceX filed confidentially for IPO on April 1, 2026, targeting a $1.75 trillion valuation and June listing. N-PORT disclosures show 25 funds held SpaceX and 66 held xAI heading into the offering —…

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Private Holdings in Public Funds: The Data Behind the AI Valuation Surge

Registered fund disclosures reveal $26.7B in private security positions across 18 companies as of Q4 2025, up from $3.2B in Q4 2022. SpaceX remains the dominant position at $14.5B. The AI names —…

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13D Filings: What Activist Investors Are Pushing For In Q1 2026

A look at Q1 2026 Schedule 13D filings — from Starboard's TripAdvisor board deal and Beretta's hostile run at Sturm Ruger, to Diana Shipping's rejected merger bid for Genco and Nelson Peltz…

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What ETFs and Mutual Funds Did Differently In Q4 2025

N-PORT filings from Q4 2025 show 6,762 funds tracking $23 trillion in net assets. ETFs pulled in $193B in net inflows while mutual funds saw $-39B — a sharp reversal from Q3's $-300B mutual fund…

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Q4 2025 13F: Where Institutional Ownership Shifted

A look at Q4 2025 13F ownership data — why Oracle and Fiserv lost holders broadly, where eleven semiconductor names gained in unison, and what the healthcare and financial services moves looked like.

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Disclaimer: The content published in Insights is for informational purposes only and does not constitute investment advice, a recommendation to buy or sell any security, or an offer or solicitation of any kind. All data is sourced from publicly available SEC EDGAR filings and may be incomplete, delayed, or contain errors — do not rely on it as the sole basis for any investment decision. Always conduct your own independent research and consult a qualified financial advisor before making any investment decisions. Past performance is not indicative of future results.