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What is an ownership signal (13D/13G)?

An ownership signal is a scored event derived from SEC Schedule 13D and 13G filings — the disclosures required when an investor crosses 5% ownership of a company. 13D signals active, potentially activist intent; 13G signals a passive stake.

How to read the direction

A new or increased 5%+ stake leans bullish, and the signal is weighted by the reported ownership percentage. A 13D (active/activist) generally carries more weight than a 13G (passive), because an activist filer may push for change.

13D vs 13G

Both are triggered by crossing 5% ownership. A Schedule 13D is filed by investors who may seek to influence or control the company — activists — and demands more detail and faster amendments. A Schedule 13G is for passive investors and qualified institutions with no control intent.

Why the 5% threshold matters

Crossing 5% is the point at which the SEC requires public disclosure, so it is the first official signal that a large holder has taken a meaningful position. A subsequent 13D amendment raising the stake, or announcing an activist agenda, is often a stronger signal than the initial filing.

Recent examples

Live ownership signals from the platform, newest first. Each links to the company.

Asset Direction Strength What happened When
YEXT Yext, Inc. slightly bullish 50 Lynrock Lake LP increased passive stake in YEXT from 18.40% to 19.00% - (13G - passive investment) - 19,015,087 shares - [moderate slightly bullish signal] 2026-07-10
LION Lionsgate Studios Corp. slightly bullish 52 MHR INSTITUTIONAL PARTNERS III LP increased passive stake in LION from 5.10% to 13.00% - (13G - passive investment) - 37,648,498 shares - [moderate slightly bullish signal] 2026-07-10
RH slightly bullish 66 Gary G. Friedman increased passive stake in RH from 5.00% to 23.88% - (13G - passive investment) - 4,926,337 shares - [strong slightly bullish signal] 2026-07-10
NYC American Strategic Investment Co. neutral 65 Bellevue Capital Partners, LLC decreased passive stake in NYC from 72.70% to 57.50% - (13G - passive investment) - 1,820,646 shares - [moderate neutral signal] 2026-07-10
BZAI Blaize Holdings, Inc. slightly bullish 46 Lane Bess increased passive stake in BZAI from 9.20% to 10.40% - (13G - passive investment) - 15,021,985 shares - [weak slightly bullish signal] 2026-07-10
AVO Mission Produce, Inc. slightly bullish 53 Globalharvest Holdings Venture Ltd increased passive stake in AVO from 11.93% to 14.01% - (13G - passive investment) - 12,370,439 shares - [moderate slightly bullish signal] 2026-07-10

See these in context in the daily market digest . Market context, not advice.

Frequently asked

Is a 13D more important than a 13G?
For signal purposes, usually yes. A 13D flags an investor who may agitate for board seats, a sale, or strategic change, which can move a stock more than a passive 13G stake of the same size.
How quickly must these be filed?
Since the SEC’s 2024 amendments, an initial 13D is generally due within five business days of crossing 5%, and 13G deadlines were also shortened — making both faster signals than they were historically.

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