Determinants of Blockholdership - A new Dataset for Blockholder Analysis
44 Pages Posted: 9 Aug 2021
Date Written: June 30, 2021
I introduce a new database for research on institutional and individual blockholders in US-listed firms. Analyzing the contents of all SEC Form 13D and 13G filings downloaded from EDGAR, I find that individual blockholdership of listed companies is in decline over the last 15 years. Holders of large blocks prefer companies with medium market cap, a high equity-to-total-assets ratio and a low dividend-payout ratio. The database is made available free of charge to facilitate further research in this area.
Keywords: Blockholdership, Long-term Ownership, SEC Filings, Dataset
JEL Classification: C81, G23, G32
Suggested Citation: Suggested Citation