Investor Types

Investment Managers
buyside institutions that have discretionary power over assets under management (AUM) and make buy/sell decisions.
Bank and Trust
These firms perform all of the functions of a retail bank. As a retail bank, a portfolio of investments are put together by an investment adviser and sold in units to investors by brokers. They may also handle Trust Accounts, which are outside companies or individuals that have a bank manage their money for their own pensions or for various other reasons. They invest the money their customers hold in their accounts in order to make interest payments and their own profits.
Endowment Fund
Endowment Funds are permanent gifts, often to universities or colleges,which are reinvested to ensure continuing profit.
Finance Company
Companies which engage in making loans to individuals or businesses. Unlike a bank, they do not receive deposits but rather obtain their financing from banks, institutions and various other financial related sources.
These are philanthropic organizations that are dedicated to specific missions such as strengthening democratic values, reducing poverty and injustice, promoting international cooperation and advancing human achievement. In addition, they usually make grants to organizations in order to further these missions. Examples: Amelia Peabody Foundation; Adolph & Esther Gottlieb Foundation; and The Ford Foundation.
Government Agency
These are investment arms run on behalf of a governmental agency. Examples: City of Tampa; Abu Dhabi Investment Authority; Federal Reserve Board of Governors and Ohio Bureau of Worker's Compensation.
Hedge Fund
A hedge fund management firm who, through its hedge fund products, is permitted to use aggressive strategies that are unavailable to mutual funds, including selling short, leverage, program trading, swaps, arbitrage and derivatives. Many times they are highly secretive because they use risky investment styles and also involve high net investors. Since they are restricted by law to less than 100 investors, the minimum investment is typically $1 million.
Investment Advisor
Investment advisors registered with the Securities and Exchange Commission who manage assets for private clients and institutions.
Insurance Company
Insurance Companies invest in a similar fashion as Investment Advisors. They reinvest the money they take in in order to make coverage payouts as well as their own profits.
Pension Fund
A qualified retirement plan set up by a corporation, labor union, government, or other organization for its employees. In order to be included in the TF database, the pension fund must manage a portion of its assets internally.
Private Equity
Firm that invests solely in private equity investments (i.e. privately held companies). They provide equity financing to small and middle market companies engaged in a variety of industries. They often focus on management buyouts, industry consolidations, recapitalization of existing business and other private equity opportunities.
Venture Capital
A firm that specializes in providing money to startup firms and small businesses with exceptional growth potential.
Investment Advisor/Hedge Fund
An investment firm that uses both “traditional” and hedge fund (i.e. "alternative") investment techniques.
Brokerage Firms
A sell side investment firm which acts as an intermediary between a buyer and seller usually charging a commission. Brokerage firms in the TF database are typically those which service the institutional investment community. Some sell side firms have ownership attached to them as a result of a 13F filing.
Research Firm
Sell side research firm that also has an investment banking side.
Independent Research Firm
A firm that writes research intended for the buyside community. The firm does not have an underwriting business or investment banking business. The firm does not have a proprietary trading operation. These firms typically charge for their individual research reports.
Strategic Entities
Entities (Corporations, Holding Companies and Individuals) that don't invest for 'investment management' purposes, but rather invest for strategic stakes in companies. They may also be a officer or director in the company.
Typically a business organization that is given many legal rights as an entity separate from its owners. For Ownership purposes, these entities will typically be set up to represent its strategic investments.
Holding Company
A company that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors, therefore being able to control its policies and management. Examples: Icahn Holding Corporation and Banc One Corporation.
Individual Investor
Individual wealthy investors or officers and directors.

Institution sub types

This grouping consists of all “portfolio” types. These are not investment firms. They are the funds that the investors manage.
Mutual Fund
An investment vehicle operated by an investment company which raises money from shareholders and invests in a group of assets, in accordance with a stated set of objectives.
Hedge Fund Portfolio
These records represent the individual hedge funds that are managed by Hedge Fund management firms.