Built for desks that answer for a fund position
We typically see four kinds of desks buy this, and they all have the same need: answering for a fund position whose underlying holdings were selected by someone else.
- Margin and securities-lending desks. Set fund-collateral haircuts with net assets, daily capacity, and the exit horizon and its ranking on the same row.
- Risk teams. Get position-level look-through on every fund you hold, projected to today and stamped with its source filing.
- Allocators and consultants. Compare funds by what they hold and how quickly they trade. A same-day percentile ranks every fund against every other fund with a computable exit that day.
- Wealth platforms and distributors. Show clients what's inside every fund on your shelf, by ISIN and delivered through the API.
Every row names its source filing, so the answer you give a client in the morning stands up to the question you get that afternoon.
Where this is not the right tool
A desk that trades single names and never touches a fund wrapper does not need us. Neither does a team that already receives position-level holdings directly from the sponsors it works with, on a schedule it trusts, for every fund it cares about.
The desks that get the most out of this are the ones holding or lending against funds they do not manage, where the only holdings available are the public filings and someone still has to answer for the position today.
Clear boundaries. Complete transparency.
You should know exactly what you're buying and how every field is built.
Descriptive liquidity scores. The liquidity score measures what the data shows, giving you a consistent, descriptive view of fund-share liquidity. It is a measurement, and it stands apart from investment advice and from credit ratings.
Liquidity for the fund's own shares. The score measures how liquid the fund's shares are, directly addressing the exit question a shareholder faces.
Top 100 positions named. Full coverage stated. We name the top 100 positions by as-filed weight and combine the remaining holdings into a single aggregate row. Every portfolio includes its stated coverage.
Projected to today. Tied to the source. Holdings begin with periodic SEC filings and move forward through price drift. Every row includes the source filing's report date, giving you a current projection with a clear audit trail.
U.S. registered funds. Coverage includes mutual funds and ETFs that file Form N-PORT.