{
  "slug": "investor-counts",
  "title": "Distribution of reported investor counts",
  "dataset": "d",
  "start": "2026-10-01",
  "end": "2026-10-31",
  "calculated_at": "2026-11-02T09:58:45.200470+00:00",
  "totals": {
    "filings": 5780,
    "issuers": 5520,
    "amendments": 2103,
    "originals": 3677,
    "offering_known": 3114,
    "earliest": "2026-10-01"
  },
  "filters": {
    "state": "",
    "industry": "",
    "initial": ""
  },
  "rows": [
    {
      "label": "10th percentile",
      "value": "0.0"
    },
    {
      "label": "25th percentile",
      "value": "0.00"
    },
    {
      "label": "Median",
      "value": "3.0"
    },
    {
      "label": "75th percentile",
      "value": "13.00"
    },
    {
      "label": "90th percentile",
      "value": "32.0"
    },
    {
      "label": "Usable numeric disclosures",
      "value": 3677
    },
    {
      "label": "Reported zero",
      "value": 983
    },
    {
      "label": "Unavailable or invalid",
      "value": 0
    }
  ],
  "sample": {
    "eligible": 3677,
    "usable": 3677,
    "unavailable": 0,
    "bounded": false
  },
  "method": "Unique stored accessions; issuers are distinct CIKs. Counts describe this dataset, not the entire market. No monetary amounts are summed. Only initial notices are used for these distributions. Linear quantiles use rank (n\u22121)\u00d7p; numeric zero is included and missing or negative values are excluded. Units are investor counts or source-reported USD, as labelled.",
  "limitations": [
    "A completed calendar period does not prove complete SEC coverage.",
    "Filed disclosures are not SEC approval or investment recommendations."
  ],
  "sources": [
    {
      "accession_number": "0002163169-26-000001",
      "issuer__cik": "2163169",
      "filing_date": "2026-10-30",
      "url": "https://www.sec.gov/Archives/edgar/data/2163169/000216316926000001/0002163169-26-000001-index.htm"
    },
    {
      "accession_number": "0002163135-26-000001",
      "issuer__cik": "2163135",
      "filing_date": "2026-10-30",
      "url": "https://www.sec.gov/Archives/edgar/data/2163135/000216313526000001/0002163135-26-000001-index.htm"
    },
    {
      "accession_number": "0002163119-26-000001",
      "issuer__cik": "2163119",
      "filing_date": "2026-10-30",
      "url": "https://www.sec.gov/Archives/edgar/data/2163119/000216311926000001/0002163119-26-000001-index.htm"
    },
    {
      "accession_number": "0002163097-26-000001",
      "issuer__cik": "2163097",
      "filing_date": "2026-10-30",
      "url": "https://www.sec.gov/Archives/edgar/data/2163097/000216309726000001/0002163097-26-000001-index.htm"
    },
    {
      "accession_number": "0002163060-26-000002",
      "issuer__cik": "2163060",
      "filing_date": "2026-10-30",
      "url": "https://www.sec.gov/Archives/edgar/data/2163060/000216306026000002/0002163060-26-000002-index.htm"
    }
  ]
}