What’s the difference between good coverage of declarable stakes and excellent coverage?

Good coverage of declarable stakes requires systematic and methodical updating of the daily announcements around the globe. Excellent coverage and reliable data requires going beyond these steps.

Consider this: FactSet's research analyst in charge of Korea, Hyunok Loudet, noted that a firm's annual report declared a larger holding of preferred shares than the total shares outstanding, which differed with their reported filing. After a number of direct phone calls and emails, Ms. Loudet was able to obtain the correct number of share holdings. The firm was then able to file an amended report to authorities to reflect the correction.

In FactSet, you’ll find daily announcements of ownership changes for companies that represent 97% of global listed market value.

• Juxtopose information from different sources including investors, the public company, stock exchanges, or regulators
• View positions distinctly based on type, relevance, and whether they are strategically held (e.g., FactSet distinguishes between beneficial or managed positions and custodial, nominee, or brokerage positions)
• Rely on research created in the context of the company’s complete ownership profile

The capacity to conduct in-depth research efficiently on complex documents has proven quite important for our clients. As our example above highlights, FactSet’s analysts are familiar with in-depth ownership research including local disclosure rules and understand the different markets, their public companies, and investors. If there's an issue with a filing or questions on a new stake holder, the analysts take on the question directly and resolve it as quickly as possible.