Draft — review before launch. Written to state our compliance position plainly; not a substitute for a lawyer's review.
Legal & trust

Data, not investment advice.

Read this before you act on anything you get from this API. It's short on purpose.

Profin sells data infrastructure, not investment advice. We normalize public SEC filings into a clean schema. That's the whole product. Nothing on this site or returned by this API is a recommendation, a solicitation, or an offer to buy, sell, or hold any security, and nothing here should be construed as personalized financial, investment, legal, or tax advice.

Every number this API returns is historical, as-filed (or as-restated) data -- never a prediction, a rating, a score of "good" or "bad," or a signal about future performance. Percentile ranks and peer comparisons describe where a company sits in its peer group today; they are not a verdict, and a higher or lower percentile is not inherently "better" (e.g. for a leverage metric, a high value is not favorable).

If you use the institutional-ownership endpoints (/managers/{cik}/activity, /companies/{symbol}/institutional-activity), read this part twice:

Form 13F is a quarter-end snapshot of long positions, not a record of trades. No manager files a "bought" or "sold" event with the SEC through 13F. Any "new," "added," "reduced," or "exited" label you see from this API is something we computed by diffing two consecutive quarterly snapshots -- it is never SEC-reported trade data, and every such response carries a caveats field saying so.

This API does not serve quotes, OHLCV, or any real-time market data, and never has. If you're using this data alongside a price feed to make a trading decision, that decision is entirely yours -- we have no visibility into, and make no claim about, how our fundamentals or ownership data relates to any security's price.

If you are making a real financial decision, consult a licensed financial advisor, accountant, or attorney who knows your specific situation. This API is a tool for developers building software, research, and analysis -- it is not a substitute for professional advice.

For the technical detail behind these caveats -- exactly how 13F deltas are computed, what "long-only" and "45-day lag" mean for the data, and every other coverage boundary -- see the data source & methodology page. For the contractual version of some of this, see the Terms of Service.