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Using the Pledged Securities database
Who is this article for?
Users who want to learn about the Pledged Securities database.
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The Audit Analytics Pledged Securities database tracks all stakeholders who have pledged shares as collateral or hold shares in a margin or brokerage account, covering all Securities Exchange Act of 1934 filers.
1. Understanding the database
The Pledged Securities database covers all person or entity stakeholders disclosed by the registrant within the source filing types, that have pledged shares as collateral or hold shares in a margin or brokerage account. Per SEC requirements this includes all Securities Exchange Act of 1934 filers.
The database is available online and as data feeds (Feed82) with the relevant subscription.
- Saved Search Alert: Yes
- Daily Summary Email: No
Common uses:
- Easily monitor for risks associated with share pledging
- Stay informed of possible impacts to ownership, independence, and insider trading rules
- Benchmark against the whole population of US listed companies
2. Understanding the collection methodology
Each record contains information on the person or entity that has pledged their shares, the number of shares pledged, and the percentage pledged versus their ownership stake, as well as the total shares outstanding of the company.
The text of the disclosure is extracted and available for easy reference. This data is sourced from the following form types: DEF 14A, 10-K, 10-K/A, 20-F, 20-F/A.
Certain financial information and Total Shares Outstanding are both sourced from third-party vendors.
3. Searching the database
The Pledged Securities search page offers the following filters:
| Name | Description | Data Dictionary Field(s) | Sort By? |
| Search by Ticker or CIK Code | Filter results to a specific population | CIK Code, Ticker | Yes |
| % of Shares Pledged to TSBO | Filter for percentage of shares pledged to total shares beneficially owned | % of Share Pledged to Shares Owned | No |
| % of Shares Pledged to TSO | Filter for percentage of shares outstanding by the Person or Entity that have been pledged | % of Share Pledged to Shares Outstanding | No |
| Text Search | Search by specific text. Select: Last Name or Disclosure Text | N/A | No |
| Market Cap | Filter by market capitalisation as of stock price date | Market Cap ($) | Yes |
| Revenue | Filter by most recent period ended total revenue | Revenue ($) | Yes |
| Search Industries | Filter by companies' industry(s) | SIC Code, NAICS Code | No |
| Company Location | Filter by current business address location(s) | State Name, State Region | Yes |
| Effective Date | Filter by effective date of the ownership of shares by the pledger | Effective Date | Yes |
| File Date | Filter by date filed with SEC of disclosure of pledging event | Filing Date | No |
4. Viewing and exporting results
Results can be viewed at the bottom of the page. The following are accessible through clicking the respective hyperlinks:
- Pledged Securities Data Dictionary download
- CSV file downloads of the results (all fields available in the CSV are defined in the Data Dictionary)
- Overview of individual companies' profile
5. Understanding regulatory requirements
Item 403 of regulation S-K (17 CFR § 229.403) requires disclosure of security ownership of certain beneficial owners that own more than 5% of a class of securities, security ownership of management, including directors, director nominees, and executive officers, and changes in control of the registrant.
Under 17 CFR § 229.403 (b), companies are required to indicate, by footnote or otherwise, the amount of shares that are pledged as security.