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.
How to read a SAST disclosure, column by column
How to read a SAST disclosure: the before, acquisition and after blocks, the encumbrance row, diluted capital, and the Part B never published. Not advice.
Regulation 29(1) vs 29(2): the two SAST formats
Regulation 29(1) vs 29(2): one reports reaching 5%, the other any change above 2% after it, both in 2 working days. Part B and disposals differ. Not advice.
SAST Reg 29 vs PIT Reg 7: two disclosure rules
SAST Regulation 29 fires on a 5% stake and 2% moves; PIT Regulation 7 fires on ten lakh rupees traded. Who files, how fast, and why both exist. Not advice.
13F Information Table: the eight columns
The 13F Information Table is the holdings table on a Form 13F: eight columns from issuer name to voting authority, valued to the nearest dollar. Not advice.
What is a FIGI? The 12-character security ID
A FIGI is a 12-character Financial Instrument Global Identifier, published under the MIT licence, that never changes on a corporate action. Not advice.
13F investment discretion: SOLE, DFND, OTR
13F investment discretion is Column 6 of the Information Table, marked SOLE, DFND or OTR, deciding whether two managers report the same shares. Not advice.
13F voting authority: sole, shared and none
13F voting authority is Column 8 of the Information Table, splitting shares into sole, shared and none, with routine-only votes counted as none. Not advice.
The 13F de minimis exemption, explained
The 13F de minimis exemption lets a manager omit a holding under 10,000 shares and worth under 200,000 dollars, so small positions can be absent. Not advice.
Form C under SEBI insider trading rules
Form C is the SEBI continual disclosure filed when an insider trades over ten lakh rupees in a quarter, reaching the exchange in two trading days. Not advice.
FIGI vs CUSIP: two security identifiers
FIGI vs CUSIP: a 12-character open identifier with no meaning in the string, against a 9-character US and Canada code built from issuer and issue. Not advice.
13F restatement vs new holdings amendment
A 13F restatement replaces the original filing, while a new holdings amendment adds entries to it. Why reading the wrong one halves a portfolio. Not advice.
How to read a Form C insider disclosure
How to read a Form C disclosure column by column: prior holding, transaction type, holding after, mode and dates, plus the pledge rows people misread.
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