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🏛️ Open Institutional Intelligence →
🏛️ Institutional Intelligence Center
Follow the money. See what the world's 5 largest institutions ($35T AUM) are buying and selling — based on actual SEC 13F filings.
What are 13F Filings?
- Institutions managing >$100M in assets must report their holdings to the SEC every quarter
- Filings are published ~45 days after quarter-end
- TradePro tracks: BlackRock ($10T), Vanguard ($8T), State Street ($4T), Berkshire Hathaway, and Fidelity — ~$35T AUM total
- Filings show what they held at quarter-end — not exactly when they bought or sold
Page Sections
🏆 Smart Money Universe (SMU)
The top 50 most institutionally owned stocks. Columns: #, Holding, WL, Count, Value, BLK/VGD/SST/BRK/FID QoQ, Σ QoQ, MCS.
- Count — how many of the 5 institutions own this stock
- QoQ columns — quarter-over-quarter change in position size per institution
- NEW ▲ — new position opened this quarter
- EXIT — position fully closed (warning signal)
- Σ QoQ — weighted aggregate change across all institutions
- Click any column header to sort ascending/descending
📋 Watchlist vs Smart Money (WvSM)
Compares your personal watchlist against institutional holdings.
- ✅ Green — institutions own this stock. Your idea is validated by smart money.
- ⚠️ Warning — institutions do not hold this stock. Not necessarily bad, but worth noting.
📈 Post-Filing Performance
Shows how each stock has performed since the most recent 13F filing date. Helps you answer: "Has the market already priced in the institutional position?"
Examples from Q4 2025: AMZN +24.6%, AVGO +18.9%, GOOGL +8.9%, NVDA +5.5%
📊 13F Filing Chart
An interactive price chart (2 years) with colored markers at each institution's filing date.
- Each marker = one institution's 13F filing, color-coded per institution
- Hover a marker to see: institution name, QoQ change %, and filed date
- Drag & drop a symbol from your watchlist onto the chart, or type in the search field
- 2Y button — shows 8 quarters of filings
- Maximize button — full-screen view
🔄 QoQ Trend Panel
A quick overview of the quarter's biggest institutional moves, displayed as clickable pills:
- NEW Positions — stocks where at least one institution opened a fresh position
- EXIT Positions — fully closed positions (potential warning)
- Conviction Buys — positions increased >10%
- Conviction Sells — positions reduced >10%
Click any pill to see which symbols belong to that category.
🌐 Sector Rotation Panel
Shows how institutions rotated capital between sectors from Q3 to Q4. Green bars = inflow, red bars = outflow.
Example: Communication Services +892% in Q4 2025 — driven by NFLX being added as a new position by multiple institutions simultaneously.
Use this to identify macro trends and where institutional money is flowing.
Munksvan Confidence Score (MCS)
A composite 0–100 score per symbol combining three components:
| Component | Weight | How it's calculated |
|---|
| Technical | 20 pts | Placeholder — backtest data not available on this page |
| Smart Money | 0–30 pts | Institution count score + rank bonus (top-5 in SMU = extra points) |
| Market Sentiment | 0–30 pts | VIX/VIX3M ratio SMA10 — Risk-On market = up to 30 pts |
| Total | 0–100 |
≥71 Strong
41–70 Moderate
≤40 Weak
|
💡 Note: The current maximum MCS is ~59 during Risk-Off markets (VIX/VIX3M SMA10 < 1.0). Green badges (≥71) appear when the market shifts to Risk-On. Hover any MCS badge to see the score breakdown.
Market Sentiment — VIX Strip
Below the 13F Filing Chart you'll find the VIX Sentiment strip — a colored bar showing the current market fear level based on the VIX/VIX3M ratio.
🟢 Risk-On (Green)
The VIX/VIX3M SMA10 ratio is ≥ 1.0 — short-term volatility is elevated relative to medium-term, suggesting the market is in a relatively calm, risk-tolerant state. Historically a more favorable environment for momentum and growth stocks.
🔴 Risk-Off (Red)
The VIX/VIX3M SMA10 ratio is < 1.0 — short-term fear is lower than medium-term expectations, which can signal elevated uncertainty ahead. Institutions may be more cautious. Consider tighter risk management.
💡 Contrarian note: A deeply red (Risk-Off) strip combined with heavy institutional accumulation in the Filing Chart is actually a strong contrarian buy signal — institutions were buying into the panic. Warren Buffett's famous quote applies here: "Be greedy when others are fearful."
💡 How it's calculated: The strip uses a 10-day simple moving average (SMA10) of the daily VIX/VIX3M ratio — the same calculation used by the TrendPredictor VIX Strategy. This smooths out daily noise and gives a more stable signal than the raw ratio.
Step-by-Step Workflow
- Open the page — SMU loads automatically
- Sort SMU by "Count" to find the most widely held stocks
- Sort by "MCS" to surface the strongest combined signal
- Click a symbol in SMU — it loads into the Filing Chart automatically
- Review the Filing Chart — when did institutions buy/sell?
- Check Post-Filing Performance — has the move already been priced in?
- Compare against your Watchlist in the WvSM section
- Check QoQ Trend — is the symbol in "NEW Positions"? That's the strongest signal.
Limitations & Important Notes
⚠️ Know Before You Use
- ~45 day delay — this is NOT real-time trade data. Institutions may have changed their positions since the filing date.
- Options filtered out — PUT/CALL contracts are excluded. Only equity holdings are shown.
- Multi-class shares aggregated — GOOGL Class A and Class C are combined into one GOOGL row.
- Berkshire Hathaway reports separately from Warren Buffett's personal holdings.
- Institutions make mistakes too — "smart money" is a guide, not a guarantee.
Tips & Tricks
💡 Combine with Strategy Tester: Take the top-10 MCS symbols from SMU and run your strategy against them in the Strategy Performance Lab for backtested validation.
💡 VIX + Filing Chart: If institutions increased a position during a high-VIX period (visible on the chart), that's an extra-strong conviction signal — they bought into the panic.
💡 Strongest signal: QoQ NEW position + high MCS score = the most powerful combined buy signal available in Institutional Intelligence.
💡 Watchlist validation: If your watchlist stock doesn't appear in SMU, the top 5 institutions are avoiding it. Not a dealbreaker, but worth investigating why.