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Data enhancements
We ended March with 3,939 managers in OWL. New manager additions were primarily focused on managers that filed a 13F for the first time and additional PE/VC managers. We also cleaned up and removed ~500 entities, that, while they file some sort of disclosure of public positions, are not fund managers. Many of these were individuals in countries like Japan and India, whose positions are not relevant to our users. The net manager additions resulted in an additional 20K positions and 150k people on the platform.
In March, we also focused on mapping as many managers as possible to ADVs – following that process, 84% of managers in OWL are mapped to an ADV, enabling easy access to data like official Regulatory AUM over time and detail on funds managed by each manager.
New features
Customizable Manager Return Charts
Users now have more customization options on the manager returns chart found on each manager’s dashboard. In addition to choosing the timeframe, users can now choose custom indices, as well as add additional managers’ returns to the charts for a quick comparison.
Location Search
We heard from many users that being able to search and filter managers by location was a critical part of their research process. Whether traveling to see managers or just trying to find managers in a given geography, this is important data to allocators. In March, we launched the first iteration of our location search, with additional filters and functionality to come soon. We think this feature will make planning your next trip so much easier!
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Fund Changes Over Time
In addition to the list of current funds managed by an OWL manager, users can now see how those funds have changed over time and when new funds were launched or closed. This gives allocators insight into how a manager’s business is changing and growing (or shrinking), beyond the information that they may have about a few specific funds that they are invested in:
Fund Changes Over Time
In addition to the list of current funds managed by an OWL manager, users can now see how those funds have changed over time and when new funds were launched or closed. This gives allocators insight into how a manager’s business is changing and growing (or shrinking), beyond the information that they may have about a few specific funds that they are invested in:
Updated “Similar Managers” Feature
With almost 4,000 managers in OWL (and thousands more to come!), the platform can easily provide suggestions for “similar managers” based on correlations among our estimated return streams (which, as a reminder, are based on publicly disclosed long positions). We recently re-vamped this screen to show the correlations with all managers with disclosed long positions in OWL rather than just the few most correlated, and also added the ability to customize the managers shown in the chart:
On the flip side, users can also use this feature to find managers that are least correlated with a given manager, potentially providing some portfolio diversification.
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