Terms of Use

The Standard Terms and Conditions ("Terms and Conditions") governing the use of the information and services owned and provided by 13Foresight shall be as follows:

Not an Investment Adviser

13Foresight is not a registered investment adviser, broker-dealer, investment company, or financial planner under the U.S. Investment Advisers Act of 1940 or any other applicable law. Nothing on this website constitutes investment advice, a solicitation, or a recommendation to buy, sell, or hold any security or to adopt any particular investment strategy. You should consult a qualified financial professional before making any investment decision.

Backtesting and Hypothetical Performance Disclaimer

Portfolio backtests, simulated returns, and performance metrics presented on this site are hypothetical and for illustrative purposes only. They do not represent actual trading results. Hypothetical performance results have inherent limitations: they are prepared with the benefit of hindsight, do not reflect actual transaction costs, slippage, or taxes, and cannot account for the impact of financial risk in actual trading.

There is no guarantee that any account will or is likely to achieve profits or losses similar to those shown. Past hypothetical performance is not indicative of future results.

Limitations of 13F Filing Data

All holdings data on 13Foresight is sourced from Form 13F filings submitted to the U.S. Securities and Exchange Commission (SEC). Users should be aware of the following material limitations:

  • 13F filings disclose only long equity positions valued above $10,000 USD held by institutional investment managers with over $100 million in qualifying assets.
  • Filings are submitted up to 45 days after the end of each calendar quarter. Positions shown may have been materially changed or closed by the time of publication.
  • 13F filings do not disclose short positions, options strategies, fixed income, currencies, commodities, private equity, real estate, cash, or non-U.S. listed securities.
  • A fund's performance as estimated from 13F data may differ substantially from its actual returns. Managers frequently generate returns through strategies entirely invisible in 13F disclosures.
  • A poor simulated backtest based on 13F data does not imply that a fund is poorly managed or produces poor returns for its investors.

Data Sources

Holdings data is sourced from public SEC EDGAR filings. Price and market data is sourced from third-party providers. 13Foresight does not guarantee the accuracy, completeness, or timeliness of any data provided.

Governing Law

These Terms of Use shall be governed by and construed in accordance with the laws of the jurisdiction in which 13Foresight operates, without regard to conflict of law principles. Any disputes arising under these Terms shall be resolved exclusively in the competent courts of that jurisdiction.

Use of Information

13Foresight hereby provides to the User a non-exclusive, nonassignable, non-transferable license to receive and use the Information provided through the subscription service only for internal business use or personal, noncommercial use. In no event shall the User publish, sell, lease, disseminate, retransmit, redistribute, broadcast, circulate or otherwise reproduce, provide or permit access to any 13Foresight Information in any format to anyone; provided, however, that User may furnish Information to customers, on a non-continuous basis, using only the following limited methods: (a) In written advertisements, correspondence, or other literature, or (b) during voice telephonic conversations not entailing computerized voice, automated information inquiry systems, or similar technologies.

Use of automated scripting tools to crawl the site or attempting to bypass the API is strictly prohibited and may result in termination of your subscription. Excessive requests may result in throttling of your accounts access to data.

The use of non-API-based forms of automation, such as scripting the website are prohibited. The use of these techniques may result in the permanent suspension of your account.

Cancellations and Refunds

Premium subscriptions will be billed immediately upon completion of the payment form. Payments are non-refundable. We reserve the right, however, to issue refunds or credits at our sole discretion.

Your subscription will initially be set to auto-renew. This can be changed by going into your Account settings page.

Accuracy of Information

13Foresight does not attempt to verify and does not warrant the accuracy, completeness or suitability of any data or information provided. 13Foresight shall not be liable for any loss, direct or consequential damages or expenses relating to the accuracy and completeness of the data provided. This data has been compiled for informational purposes only and not as investment advice. Users should not rely upon this data or information when making an investment decision or selection of an investment manager, and you should independently verify all relevant information prior to making an investment decision. Users should note that past performance is not an indication of future results.

The Services are provided without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, fitness for a particular purpose, accuracy, omissions, completeness, correctness and delays. In particular the Subscriber understands:

  • That it is not possible for all data contained in the Services to be comprehensive, accurate and up-to-date, and that at any time the Services are likely to contain inaccuracies or omissions.
  • That the Services may contain forward-looking statements about companies, including assessments about theft business prospects and future results of operations. These statements involve risks and uncertainties. Among the important additional factors that could cause actual results to differ materially from those forward-looking statements are risks associated with the overall economic environment, realization of customer contracts, strength of the company’s patents, validation of the technology, changes in anticipated earnings of the company and other factors detailed in the company’s filings with various stock markets or contained in the company’s proprietary information. In addition, the factors underlying all forecasts are dynamic and subject to change and therefore any forecast published or reproduced by 13Foresight is relevant only to the date at which it is made.
  • That 13Foresight does not undertake to update its coverage even though from time to time it may do so.

13Foresight provides the Subscriber with opportunities to point out any inaccuracies that may be included in the Services. This should not be taken to mean that 13Foresight is committed to correcting any inaccuracies brought to its attention within any specified time or at all.

13Foresight does not represent or warrant that access to or use of the Services will be uninterrupted or error-free or that the Services supplied are accurate or correct or that they meet any particular criteria of performance or quality.

Limited Warranties Disclaimer

User acknowledges and agrees that no warranty is given that the information is error-free or accurate. The information and any other product that 13Foresight markets directly or indirectly provides are provides “as is”. Except as specifically set forth herein, 13Foresight does not make any express or implied warranties or conditions, including quality, merchantability, fitness for a particular purpose, title and non-infringement. User expressly assumes all risks from using the information, and/or related products that 13Foresight provides.

IN NO EVENT SHALL ALPHA ENGINE BE LIABLE FOR ANY INVESTMENT GAIN/LOSS YOU MAY INCUR. INVESTING IN STOCKS IS RISKY AND THE PAST PERFORMANCE OF ANY INDEX OR PRODUCT DOES NOT GUARANTEE THEIR FUTURE PERFORMANCE. IF YOU INVEST BASED ON THE INFORMATION PROVIDED AT THIS WEBSITE, IT MEANS THAT YOU ACCEPT THE TERMS AND CONDITIONS OF USING THIS WEBSITE. YOU ARE RESPONSIBLE FOR ANY OF YOUR OWN ACTIONS. FURTHERMORE, IN NO EVENT SHALL ALPHA ENGINE BE LIABLE FOR (A) ANY DAMAGES TO OR VIRUSES THAT MAY INFECT YOUR COMPUTER EQUIPMENT OR OTHER PROPERTY AS THE RESULT OF YOUR ACCESS TO, USE OF OR BROWSING IN OUR SITE OR YOUR DOWNLOADING OF ANY CONTENT, INFORMATION, MATERIALS, DATA, TEXT OR IMAGES FROM OUR SITE OR (B) ANY INJURY, LOSS, CLAIM, DAMAGE, OR ANY SPECIAL, EXEMPLARY, PUNITIVE, INDIRECT, INCIDENTAL OR CONSEQUENTIAL DAMAGES OF ANY KIND (INCLUDING WITHOUT LIMITATION LOST PROFITS OR LOST SAVINGS), WHETHER BASED IN CONTRACT, TORT, STRICT LIABILITY OR OTHERWISE, THAT ARISES OUT OF OR IS IN ANY WAY CONNECTED WITH (I) ANY USE OF OUR SITE OR CONTENT, DATA, MATERIALS OR INFORMATION FOUND THEREIN, (II) ANY FAILURE OR DELAY IN USE OF OR INABILITY TO USE ANY COMPONENT OF THIS SITE, OR (III) THE PERFORMANCE OR NON-PERFORMANCE BY US OR ANY THIRD-PARTY PROVIDER TO OUR SITE, EVEN IF WE HAVE BEEN, OR A THIRD-PARTY PROVIDER HAS BEEN, ADVISED OF THE POSSIBILITY OF DAMAGES TO SUCH PARTIES OR ANY OTHER PARTY.

This disclaimer of liability applies to any damages or injury caused by any failure of performance, error, omission, interruption, deletion, defect, delay in operation or transmission, computer virus, communication line failure, theft or destruction or unauthorized access to, alteration of, or use of record, whether for breach of contract, tortuous behavior, negligence, or under any other cause of action. An investment in stocks could lose money over short or even long periods. You should expect stock prices and returns may have large range fluctuations. NO GUARANTEE CAN BE MADE IF YOU INVEST BASED ON THE INFORMATION PROVIDED ON THIS WEBSITE.

Indemnification

User (and User's fund, if User is a representative of a fund) jointly and severally agree to indemnify and hold harmless 13Foresight, and its agents, information providers and their agents, representatives, directors, officers, shareholders, partners, predecessors, successors and assigns, from and against any claim or demand, proceeding, damages, liabilities, losses or expenses, from claims made by a third party, arising from User's use of the 13Foresight information which constitutes a violation of the Terms of Use or an improper act or omission.

If Subscriber makes use of the Services or any Content other than as expressly permitted under these Terms and Conditions, he or she may violate copyright and other laws and may be subject to penalties. Without limiting the preceding sentences, Subscriber will not:

  • Engage in or permit any reselling, display, reproduction, copying, translation, modification, adaptation, creation of derivative works from, distribution, transmission, transfer, republication, compilation, decompilation or reverse engineering of the Services, any Content, any portion thereof, or any data, other content or information provided to Subscriber in connection with the use of the Services by 13Foresight or any of its third-party sources, in any form, media or technology now existing or hereafter developed or over any network, including a local area network;
  • Remove, obscure or alter any notice, disclaimer or other disclosure affixed to or contained within the Services, including any copyright notice, trademark or other proprietary rights notice or any other legal notice affixed to, or displayed in association with, the Content;
  • Create a frame or use framing techniques to enclose any portion of the Services or the Content, without express prior written consent from 13Foresight;
  • Impersonate any person, or falsely state or otherwise misrepresent his or her affiliation with any person, in connection with any use of the Services;
  • Breach or attempt to breach the security of the Services or any network, servers, data, or computers or other hardware relating to or used in connection with the Services or any of the Content, whether or not operated by 13Foresight or any third party; nor use with, or distribute through, the Services any software or other tools or devices designed to interfere with or compromise the privacy, security or use of the Services by others or the operations or assets of any person;
  • Violate any applicable law, including, but not limited to securities laws and laws governing investment activity in any country;
  • Restrict or inhibit any other authorized user from using and enjoying the Services;
  • Post, publish, transmit, reproduce, distribute or in any way exploit any of the Content or other information or other materials obtained through the Services for commercial purposes other than as expressly permitted by these Terms and Conditions or by express prior permission of 13Foresight.

Service Changes

13Foresight may change, suspend or discontinue any aspect of the Services at any time, including the availability of any Service feature, database, or content. 13Foresight may also impose limits on certain features and services or restrict Subscriber’s access to all or any parts of the Services without notice.

13Foresight reserves the right at its sole discretion and conditional only upon repayment of any unused prepaid subscription fees as calculated on a pro-rata basis to terminate Subscriber’s access to the Services without notice.

Notifications

In subscribing to 13Foresight, Subscriber agrees to receive electronic mail from 13Foresight notifying of new features, services or events or consisting of selected Content. 13Foresight's electronic mail, or any mail sent by Subscriber from within the Services, may include features allowing 13Foresight to collect certain information regarding Subscriber’s use of the Services. These features are a required element of the Services.

Fees

Customer shall pay Subscription fees in accordance with 13Foresight Terms of Purchase. Subscription fees shall be paid in full, and any levies, duties and/or taxes imposed by Customer's jurisdiction (including, but not limited to, value added tax, sales tax and withholding tax), shall be borne solely by Customer. Customer may not deduct any amounts from fees payable to 13Foresight unless otherwise specified in the applicable terms of purchase.

Subscription Terminations

Upon cancellation or termination of a subscription: (1) all Fees owed by Customer to 13Foresight are immediately due upon receipt of the final electronic invoice; (2) Customer will delete any data provided by 13Foresight.

Data Providers

Certain pricing data and fundamentals sourced from trusted third-party providers including Intrinio and others.

User Content Posted on This Site

Please review the supplemental terms of use related to any content provided by users.