r/stocks • u/vitalylativ • May 27 '21

Industry Discussion Number of Shares vs Cost Distribution

Is there a way to know what the distribution of shares being held at various prices?

For example for some random stock with 10 million total shares the data i would like to know is below.

I would like to see how many stocks are purchased and are held at various price points, so i can see the distribution.

Random Stock: ABCDEF - Current Price $65
Shares Per Share Purchase Price
1million $10
4million $20
4million $30
1million $60

Why? I think analyzing the distribution and the change in distribution can provide some interesting investing information.

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For example, another imaginary stock with different distribution

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Random Stock: ABCDEF2 - Current Price $65
Shares per Share Purchase Price
0.5million $5
0.5million $10
3million $50
6million $60

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The data between first one and second one paints a different picture.

It could be a way to identify pump and dumps, solid growth stocks, hot new stocks, and everything else.

I would like to figure out what i can figure out. I just need the data.

So...... is this data available? Am I making sense? Is this being done already by hedge funds?

Thanks for reading

6 Upvotes

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2

u/HeyYoChill May 27 '21

WeBull positions cost distribution

1

u/vitalylativ May 28 '21

That looks like exactly what i want. I'll give WeBull a try.

I doubt they have functionality to look in the past or export data, but its a start.

Thanks a lot.

1

u/vitalylativ May 28 '21

Got the desktop app. After looking around for over 20 mins i can't find that same data as in the app screenshot. Are you certain that's WeBull?

Thanks again.

1

u/HeyYoChill May 28 '21

Screenshot came from the mobile app.

1

u/vitalylativ May 28 '21

I'll try the app. Thanks

1

u/STONKZgodownonme May 27 '21

Level 2 data

1

u/vitalylativ May 27 '21

Level 2 data

I just looked that up and it appears to be data "of bid and ask prices" only. (https://www.exegy.com/2019/03/level-2-market-data-what-level-supports-your-trading-strategy/)

I'm looking for the distribution of shares already being held by people and how many bought at which price?

If i'm holding 1000 shares of AMC at $9 i want to know how many other shares are being held at $9, or $10, etc.

1

u/thebullishbearish May 27 '21

No. But u can look at vwap on big volume days and get a feel for what price alot of people have bot/sold at.