Hedge Funds Approach Robintrack to Keep Eyes on Tiny Investors
- Founder says people have tried to create algos with his data
- Interest in retail among professional investors has expanded
This article is for subscribers only.
The site that tracks trading activity at retail brokerage Robinhood has attracted the attention of Wall Street.
Hedge funds and other traders are looking to aggregate Robintrack.net data that shows how many accounts own any given stock, according to the site’s founder, Casey Primozic. The stats provide real-time insight into where amateur stock pickers are sending their money, potentially useful information for professionals who build fancy models to make their own bets.