/biz/ - Business & Finance

How passive are these schedule 13G and 13D holders holding 5% or more of GME?
Are those funds completely passive or are they what people refer to as zombie ETFs algos trading with the market?

Worst case scenario, that's basically 84.73% of the outstanding shares that are locked up in the float? More realistically, maybe closer to 60% of float locked up if they are selling some shares, but they have to eventually file that with SEC?
>Institutional investors are required to file an amendment to report any changes within 45 days of the end of the year or within 10 days of first finishing a month above 10% and then within 10 days of any month-end where the holder's ownership increases or decreases by 5% or more.
Am I understanding this right? Like if I was a short seller I should be really fucking terrified right now because there might only be 10 million shares in the float with around 55 million shares shorted in August (probably stayed roughly the same given IBorrow's indirect statistics right now)