Wednesday, May 18, 2016 8:14:41 AM
"... For one, the data is old: The filings aren’t due until 45 days after the end of the quarter. So think of it as more of a month-and-a-half old snapshot. In most cases, you don’t know exactly when in the quarter the shares were bought or whether the investor has subsequently dumped them or added more.
Second, the data isn’t necessarily a complete picture. Investors must only report their long positions, so any short bets on individual stocks or on particular options won’t be apparent. That isn’t necessarily a big deal for many portfolios, particularly those held by long-term focused, buy-and-hold types...."
http://www.marketwatch.com/story/soros-buffett-stock-disclosures-dont-tell-the-full-story-of-what-they-own-2016-05-17?siteid=yhoof2
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