Flock blog
Reading regulatory filings, sourced and dated.
Plain-English guides to the public filings Flock tracks: 13F reports, NSE and BSE shareholding patterns, bulk and block deals, and FII/DII flows. Every claim links to its source. Research, not advice.
Form BD vs Form ADV: broker vs adviser
Form BD vs Form ADV: Form BD registers a broker-dealer under the Exchange Act, Form ADV registers an investment adviser. Different systems too. Not advice.
What is an ADR? American Depositary Receipt
An ADR, or American Depositary Receipt, lets a foreign company's shares trade on US markets in dollars. What it is, the levels, and who issues it. Not advice.
What is a GDR? Global Depositary Receipt
A GDR, or Global Depositary Receipt, lets a company raise money abroad on a foreign exchange. What it is, and how it differs from an ADR. Not advice.
What is a tender offer? SEC rules explained
A tender offer is a public bid to buy shareholders' shares at a set price and time. How it works, the SEC filings involved, and the 20-day rule. Not advice.
What is a SPAC? Blank-check company explained
A SPAC is a shell company that raises money in an IPO to buy a private company and take it public. How it works, the trust account, and de-SPAC. Not advice.
ADR vs GDR: depositary receipts compared
ADR vs GDR: both let a company's shares trade abroad through a bank-issued receipt. How they differ on where they list, the regulator, and currency. Not advice.
Tender offer vs open offer: US and India
Tender offer vs open offer: the tender offer and India's SEBI open offer both buy shares from holders. How the trigger, rules, and filings differ. Not advice.
SPAC vs IPO: two ways to go public
SPAC vs IPO: both take a company public, but by different routes. How the process, filings, and price discovery differ between the two. Not advice.
BamSEC alternative: how to compare
Looking for a BamSEC alternative for reading SEC filings? What BamSEC does, and how to compare tools on dates, source links, and ownership overlap. Not advice.
Tijori Finance alternative: how to compare
Looking for a Tijori Finance alternative for Indian ownership data? What Tijori covers, and how to compare tools on dated, source-linked data. Not advice.
wallmine alternative: how to compare
Looking for a wallmine alternative for insider and institutional ownership? What wallmine covers, and how to compare tools on dates and sources. Not advice.
What is a Form 13F-NT filing? Notice report
A Form 13F-NT filing is the SEC notice a manager files when its 13(f) holdings are reported on another manager's 13F-HR, filed within 45 days of quarter-end. Not advice.
The Smart Money Digest
A free weekly email of notable disclosure activity — every line with its filing date and source link. No advice, just filings. Unsubscribe anytime.