StoneX Group (SNEX) amends 13F, restates $1.04B holdings
Filing Impact
Filing Sentiment
Form Type
13F-HR/A
Rhea-AI Filing Summary
StoneX Group Inc. files an amended Form 13F restating prior quarterly 13F disclosures after an internal review identified under-reported securities, shares and market values.
The amendment states 295 reported holdings with a total value of $1,039,239,381, lists 2 other included managers, and attributes the errors to four causes including missing market-making accounts and spreadsheet mistakes.
Positive
- None.
Negative
- None.
FAQ
Why did StoneX (SNEX) amend its Form 13F?
StoneX amended because an internal review found under-reporting errors across multiple quarters. The review identified four causes: missing market-making accounts, Excel formula misuse, rounding-rule implementation failures, and scientific-notation conversion of CUSIPs between Q4 2021 and Q1 2025.
How large are the corrected 13F holdings reported by StoneX Group?
The amended report lists 295 holdings valued at $1,039,239,381. The summary page shows the Form 13F information table entry total of 295 and a value total of $1,039,239,381, rounded to the nearest dollar.
Which StoneX affiliates are included in this 13F amendment?
The amendment includes two other reporting managers: StoneX Advisors Inc. and StoneX Financial Inc. The List of Other Included Managers names StoneX Advisors Inc. (File No. 028-17766) and STONEX FINANCIAL INC. (File No. 028-21283).
What specific spreadsheet errors did StoneX disclose in the amendment?
StoneX disclosed four spreadsheet-related errors, including XLOOKUP misuse and scientific-notation conversion of CUSIPs. The firm said XLOOKUP replaced SUMIF for a period and CUSIPs containing an "E" were converted to scientific notation, causing misidentification.