> ## Documentation Index
> Fetch the complete documentation index at: https://docs.financialdatasets.ai/llms.txt
> Use this file to discover all available pages before exploring further.

# Data Provenance

> Primary-source financial data with full provenance transparency.

Financial Datasets is a **primary-source data provider** of SEC filing data. We collect, normalize, and serve SEC-sourced datasets ourselves - giving you a direct, auditable path from regulatory filings to API response. For market data such as stock prices, we partner with a leading licensed, institutional-grade data provider to ensure the same level of quality and reliability. This page details exactly where each category of data originates.

## Why Provenance Matters

Institutional workflows demand auditability. When a model or trading signal is questioned, you need to trace every input back to its authoritative source. Opaque data supply chains introduce risk - you inherit unknown collection methodologies, latency, and error surfaces without visibility into any of it.

Our architecture minimizes that risk. For SEC data, you get a direct, auditable path from source to API response. For market data, we vet and partner with institutional-grade providers so you always know where your data comes from.

## Data Sources

### Financial Statements & Fundamentals

All financial statements - income statements, balance sheets, and cash flow statements - are sourced **directly from SEC filings** (10-K, 10-Q, 8-K, and related exhibits). We parse the original XBRL and HTML submissions, normalize line items across reporting standards, and deliver a clean, structured dataset spanning 30+ years.

**Source:** U.S. Securities and Exchange Commission (SEC) EDGAR system

### SEC Filings

Our SEC filings endpoints serve filing metadata, full-text content, and structured exhibits pulled **directly from EDGAR**. There is no intermediary between the SEC's public dissemination system and our API.

**Source:** SEC EDGAR

### Insider Transactions

Form 3, Form 4, and Form 5 filings are ingested **directly from SEC EDGAR** as they become available. We parse each filing into structured records with standardized fields for transaction type, share quantity, price, and ownership details.

**Source:** SEC EDGAR

### Institutional Holdings

13F filings are sourced and parsed **directly from SEC EDGAR**, providing quarterly snapshots of institutional holders, position sizes, and portfolio changes.

**Source:** SEC EDGAR

### Earnings

Earnings data, including actuals, is derived **directly from SEC filings** and issuer disclosures.

**Source:** SEC EDGAR and issuer publications

### Stock Prices

Equity price data - including open, high, low, and close - is sourced from **official exchange feeds** via [Databento](https://databento.com), our market data partner. Databento delivers real-time and historical market data direct from colocation sites and is trusted by 3,000+ leading firms and high-growth startups.

**Sources:** NYSE, NASDAQ, ARCA (via Databento)

### News

Company news is sourced from **publicly available news feeds**. Articles are collected close to the point of publication and indexed against our company universe for precise ticker attribution.

**Source:** Public news feeds

## Provenance Guarantees

We maintain **full transparency** over every data source in our pipeline. This means:

* **Full auditability** - every record traces to a named primary source or licensed data partner.
* **Primary-source SEC data** - all SEC-derived datasets are collected and parsed by us directly from EDGAR, with no intermediary.
* **Vetted market data partners** - where we use licensed data providers, we select institutional-grade partners and maintain full visibility into the data supply chain.
* **Controlled latency** - we own the ingestion and processing path, so delays are measurable and within our SLA.
* **Single point of accountability** - if something is wrong with the data, we own the fix end-to-end.

## Questions

For due-diligence inquiries or detailed methodology documentation, contact us at [support@financialdatasets.ai](mailto:support@financialdatasets.ai).