# Agency Information Collection Activities; Submission for OMB Review; Comment Request; Extension: Form 13F
*Upon Written Request, Copies Available From:* Securities and Exchange Commission, Office of FOIA Services, 100 F Street NE, Washington, DC 20549-2736
Notice is hereby given that, pursuant to the Paperwork Reduction Act of 1995 (44 U.S.C. 3501 *et seq.* ), the Securities and Exchange Commission (“Commission” or “SEC”) is soliciting comments on the collection of information summarized below. The Commission plans to submit this existing collection of information to the Office of Management and Budget for extension and approval.
Section 13(f) [^1] of the Securities Exchange Act of 1934 [^2] (the “Exchange Act”) empowers the Commission to: (1) adopt rules that create a reporting and disclosure system to collect specific information; and (2) disseminate such information to the public. Rule 13f-1 [^3] under the Exchange Act requires institutional investment managers that exercise investment discretion over accounts that have in the aggregate a fair market value of at least $100,000,000 of certain U.S. exchange-traded equity securities, as set forth in rule 13f-1(c), to file quarterly reports with the Commission on Form 13F. [^4]
[^1] 15 U.S.C. 78m(f).
[^2] 15 U.S.C. 78a *et seq.*
[^3] 17 CFR 240.13f-1.
[^4] 17 CFR 249.325.
On June 23, 2022, the Commission adopted amendments to Form 13F to require, among other things, institutional investment managers that make confidential treatment requests for filings made under Section 13(f) of the 1934 Act to submit them electronically via EDGAR. [^5]
[^5]*See* Electronic Submission of Applications for Orders under the Advisers Act and the Investment Company Act, Confidential Treatment Requests for Filings on Form 13F, and Form ADV-NR; Amendments to Form 13F, Release No. IC-34635 (June 23, 2022). The amendments to Form 13F also require managers to provide additional identifying information and allow managers to disclose, for any security reported on Form 13F, the security's share class level Financial Instrument Global Identifier. The rules also make certain technical amendments, including to modernize the structure of data reporting and amend the instructions on Form 13F for confidential treatment requests in light of a recent decision of the U.S. Supreme Court.
In our most recent PRA submission for Form 13F, we estimated a total hour burden of 101,339.29 hours, with an external cost burden of $4,846,374. Estimates concerning the burdens associated with the information collections required by rule 13f-1 and Form 13F are set forth in the table below. The estimate of average burden hours is made solely for the purposes of the Paperwork Reduction Act. The estimate is not derived from a comprehensive or even a representative survey or study of Commission rules. Reporting burdens may differ substantially across respondents.
| | Initial hours | Annual hours | Wage rate | | Internal time cost | External costs |
| --- | --- | --- | --- | --- | --- | --- |
| | | | | | | |
| | | | | | | |
| Estimated burden per filing | | 2 hours | × | $314 (blended rate for compliance attorney, senior programmer, and compliance clerk) | $628 | $221. |
| Number of filings | | 28,925 filings | | | 28,925 filings | 28,925 filings. |
| Annual burden of Form 13F-HR filings | | 57,850 hours | | | $18,164,900 | $6,392,425. |
| | | | | | | |
| Estimated burden of per filing | | 2 hours | × | $247 (blended rate for senior programmer and compliance clerk) | $494 | $75. |
| Number of filings | | 6,935 filings | | | 6,935 filings | 6,935 filings. |
| | | 13,870 hours | | | $3,425,890 | $520,125. |
| | | | | | | |
| Estimated burden per amendment | | 2 hours | × | $314 (blended rate for compliance attorney, senior programmer, and compliance clerk) | $628 | $75 |
| Number of amendments | | 1,450 amendments | | | 1,450 amendments | 1,450 amendments. |
| Annual estimated burden of all amendments | | 2,900 hours | | | $910,600 | $108,750. |
| | | | | | | |
| Currently approved burden estimates | 101,339.29 hours | | | $22,092,421.60 | $4,846,374. | |
| Revised current burden estimates | 74,620 hours | | | $22,501,390 | $7,021,300. | |
An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a currently valid OMB Control Number. Written comments are invited on: (a) whether this collection of information is necessary for the proper performance of the functions of the agency, including whether the information will have practical utility; (b) the accuracy of the agency's estimate of the burden imposed by the collection of information; (c) ways to enhance the quality, utility, and clarity of the information collected; and (d) ways to minimize the burden of the collection of information on respondents, including through the use of automated collection techniques or other forms of information technology.
The public may view and comment on this information collection request at: *https://www.reginfo.gov/public/do/PRAViewICR?ref_nbr=202507-3235-005* or send an email comment to *[email protected]* within 30 days of the day after publication of this notice by October 20, 2025.
Dated: September 16, 2025.
J. Matthew DeLesDernier,
Deputy Secretary.