13D Monitor is a comprehensive research service specializing in shareholder activism and 13D filings. Our clients include top investment banks and law firms, many of the most
successful long/short hedge funds, some of the largest institutional investors, most of the premier activist hedge funds, investor relations companies, proxy solicitors and proxy advisory firms. We have
a weekly column on the 13D page of Barron’s entitled The Activist Spotlight, contribute to the Wall Street Journal and many other news outlets and have appeared on Bloomberg TV to discuss activism.
13D Monitor reviews every 13D filing (over 8,500 each year) and distributes to our clients within hours of the filing detailed reports on all material filings. We distinguish ourselves
as the preeminent service in four significant ways:
- Focus: We do nothing other than review, analyze and report on 13D filings and shareholder activism. As a result we have relationships with virtually every activist and professional involved in
shareholder activism as well as many institutional investors who are often stockholders of the situations we report on.
- Value-Added Commentary: We do not just provide data, we provide information. Our reports contain value-added commentary on the 13D filing and the 13D filer. Our commentary is based on our knowledge
of the activist and its history, our corporate governance analysis of the company, our conversations with the activist and our conversations with shareholders, proxy solicitors, proxy advisory services
and other professionals. Some prime examples are:
- Atticus/Phelps Dodge: 13D Monitor Commentary (10/11/06; stock price; $89.78) - In past 13D filings, Atticus was "strongly encouraging the Company to put itself up for sale. In
three of the[ir] other four 13D filings, the Company was ultimately merged or sold to another entity."
11/19/06: Freeport McMoRan announces acquisition of Phelps Dodge for $126.46 per share;
- Elliott Management/MSC Software: 13D Monitor Commentary (2/12/09; stock price; $5.60) - "Elliott's prior 13D disclosure and the language of the standstill agreement suggest that Elliott
is talking with the Company about a potential acquisition and may make such an offer to the Company in private prior to June 30, 2009." 7/7/09; Elliott makes offer to acquire MSCS for $7.63 per share;
- Shamrock/Texas Industries: 13D Monitor Commentary (6/29/09; stock price; $31.74) - In commenting on Shamrock’s proxy fight: "Shamrock should most definitely receive Sawiris' support, and will
likely get the support of Southeastern... " 9/1/09: Southeastern announces its support of Shamrock; 9/17/09: Sawiris announces his support of Shamrock;
- Comprehensiveness: We send reports on every material 13D and 13D/A filing and only material 13D and 13D/A filings. Our clients know that they are not missing any interesting 13D filings, and because
we actually read each filing, our clients are not inundated with reports on boilerplate, non-material 13D filings.
- Timeliness: Our reports are distributed within two hours (during market hours) of the 13D filing, or before the market opens the next day for filings made after market hours.
Our
Online 13DMonitor Database contains, among other things, detailed analysis on all material activist campaigns, the activist profiles and returns histories of all activist
investors, a detailed summary of all live 13D filings, sortable by industry, market cap., returns and activist measures taken (i.e., director nominations, share buybacks, redemption of poison pill, etc.),
and a sortable library of activist letters and agreements.