Why a New Position in a Mega-Fund 13F May Not Be a New Bet

Common Reasons for 'New' Positions

1. Index reconstitution
2. Fund wrapper changes
3. Reporting threshold crossed
4. Corporate actions (spinoffs, mergers)

def is_genuine_new_bet(position, filer):
    if filer.is_passive: return False
    if position.value < filer.aum * 0.001: return False
    return True

Full guide: https://13finsight.com/learn/why-a-new-position-in-a-mega-fund-13f-may-not-be-a-new-bet?utm_source=devto&utm_medium=social&utm_campaign=article_ops_0319

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Originally published at 13finsight.com