Institutional Investor Study (IIS) Files

The agency created and used these files to examine the effect that purchases, sales, and the holdings of securities by institutional investors have on the maintenance of a fair and orderly securities market; the stability of the market, both in general and for particular securities;the interests of the issuers of such securities; and the interests of the public. The series contains data from a study and investigation of the purchase, sale, and holding of securities by 1,000 institutional i nvestors of all types: banks, insurance companies, mutual funds, employee pension and welfare funds, foundations and college endowments.

The files include information on investment returns, portfolio volatility, short-term trading, performance fees, management fees, the holdings of financial and other corporate investors in hedge funds, offshore funds, foreign securities portfolio sales, share distribution, institutional membership on stock exchanges, and fixed minimum commissions. This data comprises government records extracted from the Archival Research Catalog (ARC).