InFactLive / ABOUT
README

The fastest insider trading tracker on the open web.

InFactLive streams SEC insider trading filings to your browser within seconds of hitting EDGAR — while most competitors take minutes to hours. Built for traders who know that on insider buys, the first hour is the only hour that matters.

What it is

InFactLive is a real-time financial data platform that aggregates two kinds of SEC filings most investors only see after the fact:

  • Insider trades — when a CEO, CFO, director, or 10%+ shareholder buys or sells stock in their own company. Required to be reported to the SEC within two business days. We show them to you within seconds of that filing.
  • Institutional holdings — what hedge funds, pension funds, and asset managers like Berkshire Hathaway, Bridgewater, and Citadel own each quarter. Reported to the SEC 45 days after quarter-end.

The raw data is public. The advantage is how fast you see it and how it's connected.

What makes it different

1. Speed measured in seconds, not minutes

When an insider files a trade with the SEC, our scrapers pick it up and push it to your browser over a WebSocket connection in under 10 seconds, typically faster. Most "real-time" competitors poll every 5-15 minutes. For cluster buys and material trades, those minutes are where the alpha lives.

2. Corporate insiders — not just individuals

When Company A owns more than 10% of Company B, Company A is legally an insider of Company B and has to report its trades. This is how Berkshire's moves in Apple, Kraft Heinz, or Occidental get disclosed in real time. Most insider trackers bury this inside an individual-names list. We track it as a first-class concept — every public company has a page showing which other public companies it insider-holds.

3. Connected, not siloed

Insider trades, 13F institutional positions, cluster alerts, and full historical ownership are all linked to the same ticker pages. You can see a Form 4 sale, then immediately see which hedge funds were buying or selling the same name last quarter, on the same screen.

4. Priced for traders, not institutions

Bloomberg Terminal costs $28,000/year. WhaleWisdom starts around $50/month. Quiver Quantitative is $10/month but doesn't offer real-time 13F features. We're building a tier map that costs less than a coffee habit.

Speed comparison

Source Typical latency (Form 4) Cost
InFactLive (paid) Within seconds From $7.99/mo
SEC EDGAR (raw) Immediate, but XML Free, unusable
OpenInsider 10–30 minutes Free
Finviz Insider Hours, end-of-day Free / $39.50/mo
Bloomberg Terminal Seconds ~$28,000/yr
WhaleWisdom Minutes $50–300/mo

Latencies are typical observed values; competitor pricing as publicly advertised at the time of writing.

Pricing

Everything is currently free during public beta. Paid tiers launch alongside user accounts.

Free
$0 /mo
Lead-in tier
  • Insider trades, 15-min delayed
  • Previous-quarter 13F data
  • Ticker search & filters
  • Cluster alerts (delayed)
Insider Pro
$14.99 /mo
Individuals + corporate
  • Everything in Insider
  • Corporate insider tracking
  • Full historical insider charts
  • Corporate holdings pages
Institutional
$29.99 /mo
Everything + 13F
  • Everything in Insider Pro
  • Live 13F holdings
  • Quarterly treemaps
  • Institutional ownership trends

Technical details

Data sourcesSEC EDGAR (Form 3, 4, 5, 13F-HR)
Ingestion latency< 10 seconds from EDGAR publication
DeliveryWebSocket (live) + REST (historical)
Insider coverageIndividuals + corporate 10%+ holders
13F coverageAll 13F-HR filers, quarterly
Historical depthInsider trades back to 2003, 13F back to 2013
Update frequencyContinuous during SEC filing hours

Under the hood: a DynamoDB-backed data layer, Redis cache tiering, an AWS Lambda WebSocket broadcaster, and a React frontend served from CloudFront. The scraping pipeline runs against SEC EDGAR under their published rate limits.

Frequently asked

Is this legal? Is insider trading legal?

Yes. SEC Form 4 filings are public disclosures required by law. Every insider transaction covered here has been publicly filed with the SEC. We aggregate and display public data — we don't sell private information, tips, or anything non-public. Following legally-disclosed insider activity is a well-established strategy going back decades.

How is this different from OpenInsider or Finviz?

Two things: speed and corporate insider coverage. OpenInsider and Finviz are free but process filings in batches on a 10-minute to end-of-day cadence. We push every filing over a WebSocket within seconds. And neither competitor treats corporate insider relationships (Berkshire → Apple, for example) as a first-class feature with its own tracking pages.

How is this different from Bloomberg or WhaleWisdom?

Same speed tier as Bloomberg, at 0.03% of the price. WhaleWisdom is strong on 13F analytics but doesn't offer real-time Form 4 push — you poll their site or wait for their batch updates. Our Institutional tier gives you both, for $30/month instead of $50–300.

Do you offer an API?

Not publicly, yet. If you're a developer, trader, or researcher interested in programmatic access, get in touch.

What does "within seconds" actually mean?

Our scraper polls EDGAR on a continuous interval. When a new Form 4 is detected, it's parsed, normalized, written to our database, and broadcast to all connected browsers over WebSocket. The end-to-end path typically takes 2–8 seconds from the moment EDGAR makes the filing available.

Why should I care about insider trades?

Academic research (Lakonishok & Lee 2001, Cohen, Malloy & Pomorski 2012, and others) has consistently shown that insider buying — especially cluster buying by multiple insiders within a short window — predicts forward stock returns. Insider selling is noisier (it can be tax-driven or scheduled), but cluster buys are one of the few publicly-available signals with documented alpha.

Try it live

The feed is running right now.

Watch insider trades stream in as they're filed with the SEC. No signup, no paywall, nothing to install.

Open Live Feed →