Couldn't see a thread or info elsewhere for this but please move it over if I'm wrong...
Does anyone have a reliable source for tracking institutional trades?
Among other things I follow director transactions with great interest, particularly buys above $500k, and it proves to be very useful. However, I was at a seminar recently and a fund manager was talking about his trading principles and basic practices and one of the key things he does is watch what the big institutions are doing - when do they buy and when do they sell.
Stating the obvious here but the big kahuna's have far more information, experience and expertise than us little retailers and when they place a $50-100m+ trade they generally have their timing right as they don't like having large sums sitting idle or heading in the wrong direction for long... likewise, when they get out of something they feel the fun has been had or they missed the boat and are moving to something else.
Now I know Australian Stock Report were working on a section for just this sort of information but I never signed up as I already got most of what they were offering from other sources for far less money... but I might have to bite the bullet.
TheInsiderTrader has a brilliant section for director transactions with excellent database and search facilities and I'd like to find something similar for institutional trades.
Anyone know of a good resource that'd like to share?
Does anyone have a reliable source for tracking institutional trades?
Among other things I follow director transactions with great interest, particularly buys above $500k, and it proves to be very useful. However, I was at a seminar recently and a fund manager was talking about his trading principles and basic practices and one of the key things he does is watch what the big institutions are doing - when do they buy and when do they sell.
Stating the obvious here but the big kahuna's have far more information, experience and expertise than us little retailers and when they place a $50-100m+ trade they generally have their timing right as they don't like having large sums sitting idle or heading in the wrong direction for long... likewise, when they get out of something they feel the fun has been had or they missed the boat and are moving to something else.
Now I know Australian Stock Report were working on a section for just this sort of information but I never signed up as I already got most of what they were offering from other sources for far less money... but I might have to bite the bullet.
TheInsiderTrader has a brilliant section for director transactions with excellent database and search facilities and I'd like to find something similar for institutional trades.
Anyone know of a good resource that'd like to share?