This is a list of US-listed common stocks of companies HQ in foreign countries
Updated September 11, 2022
This may matter for some investors because these firms are listed on US exchanges, but are foreign firms. They have different SEC reporting requirements. For example, they do not have to file 10-Q or 10-K statements with the SEC.
We received this list from our market data services provider, Intrinio.
These are US-listed common stocks that are incorporated or organized in foreign countries. As an example, ERO is a copper company incorporated in Canada. This company may have operations and offices in the USA, but they are not a US company nor do they have to file the same SEC documents (e.g., 10-Q or 10-K).
We are considering to remove these companies from our CQNS UP Runs. These may behave differently because of where they are incorporated (e.g., Peru or Cayman Islands) and it may skew the results of our model. With a setting, we would be able to add them back as well, and any additional non-US entities from our model.
List has the tickers of foreign HQ or foreign operations firms listed on US exchanges. We do not know of an 'easy' data source to find these tickers, so we reproduce our list here from within our code.
We remove these stocks from our Chicago Quantum Net Score UP run to avoid the added risk and pressure of foreign firms. These tend to be the stocks in the 'most active' list on Finviz and in many cases fall fast. The ones we researched had interesting stories about them, so we figure it best to remove them from our bull-run model.
We do keep them in the Chicago Quantum Net Score DOWN run, as they are perfectly valid for shorting when you can borrow the shares or to avoid in a conservatively managed portfolio.
Hope you find it useful.
This may matter for some investors because these firms are listed on US exchanges, but are foreign firms. They have different SEC reporting requirements. For example, they do not have to file 10-Q or 10-K statements with the SEC.
We received this list from our market data services provider, Intrinio.
These are US-listed common stocks that are incorporated or organized in foreign countries. As an example, ERO is a copper company incorporated in Canada. This company may have operations and offices in the USA, but they are not a US company nor do they have to file the same SEC documents (e.g., 10-Q or 10-K).
We are considering to remove these companies from our CQNS UP Runs. These may behave differently because of where they are incorporated (e.g., Peru or Cayman Islands) and it may skew the results of our model. With a setting, we would be able to add them back as well, and any additional non-US entities from our model.
List has the tickers of foreign HQ or foreign operations firms listed on US exchanges. We do not know of an 'easy' data source to find these tickers, so we reproduce our list here from within our code.
We remove these stocks from our Chicago Quantum Net Score UP run to avoid the added risk and pressure of foreign firms. These tend to be the stocks in the 'most active' list on Finviz and in many cases fall fast. The ones we researched had interesting stories about them, so we figure it best to remove them from our bull-run model.
We do keep them in the Chicago Quantum Net Score DOWN run, as they are perfectly valid for shorting when you can borrow the shares or to avoid in a conservatively managed portfolio.
Hope you find it useful.
"foreign_tickers = ['ERO','STN','LEV','PSFE','BNS','TD','CM','CNI','UBS','BEP','FERG','BIPC','STLA','BEPC','CAAP',\n",
" 'NOMD','PAX','GLOB','OR','AMBP','WFG','CYD','VINP','ZIM','EURN','BAP','ABST','BTG','CGAU','PAAS',\n",
" 'SAND','LSPD','MMX','IFS','SVM','XP','AFYA','ARCE','CCJ','EQX','RNW','BLDP','LAC','ACB','OGI',\n",
" 'LGO','ADCT','NGMS','LICY','EXK','ARBE','CZOO','ORLA','DNN','GB','VSTA','GP','BWMX','ARVL','SATL',\n",
" 'GRAB','NEWP','EQOS','ARQQ','HUT','QIPT','RY','BMO','TRI','CHKP','FNV','TIXT','TFII','DOOO','INMD',\n",
" 'RDWR','CLS','CAMT','SA','AGI','AGRO','RADA','AG','TRMD','PAGS','CLBT','FSM','CO','TRQ','STNE',\n",
" 'HTOO','HUDI','BAM','AY','DB','CPG','ATC','BUR','WPM','SII','AER','BPOP','CGEN','GLOB','GPL',\n",
" 'PFLT','PLG','TURN','GFLU','GFL','VET','VECT','ABCL','ACGL','ACN','ADNT','AGYS','ALLE','AMCR',\n",
" 'AON','APTV','AQN','ARGO','ATCO','ATY','AUDC','AUY','AXS','BBU','BCE','BIP','CB','CIO','CLB',\n",
" 'CMBM','CMCL','CMRE','CNQ','CP','CRSP','CTRM','CVE','CWCO','CWK','DAC','BLX','DHT','DLNG',\n",
" 'DOGZ','DOX','DSGX','EGLX','EGO','ENB','ESGR','ESLT','ESNT','ETN','EVTC','FBP','FLEX','FLNG',\n",
" 'FN','FSV','FTS','G','GASS','GIL','GLOP','GOLD','GOOS','GRMN','GROY','GSL','GTE','HELE','HLF',\n",
" 'HMLP','HOLI','HZNP','ICL','ICLR','IGT','IMO','ITRN','JCI','JHG','KEN','KGC','KMDA','KLIC','KNDI',\n",
" 'KOS','LAZ','LIN','LMDX','LULU','LXFR','MAPS','MERC','MFC','MGA','MGIC','MTA','MTMT','MX','NAT',\n",
" 'NGD','NOA','NTB','NTR','NVGS','NVT','OTEX','PERI','PNR','PRTA','QGEN','QSR','RBA','RE','RFP',\n",
" 'ROIV','SBLK','SEDG','SJR','SPNS','SPNT','ST','STX','SU','TEL','TGA','TGLS','TK','TRP','TRTN',\n",
" 'TSEM','TT','WCN','WTW','APT','CAAS','CNTG','CREG','DPRO','FLGC','FRO','FSI','FTFT','GSMG','IFRX',\n",
" 'IMCC','IMTE','JWEL','KNOP','LBTYA','LBTYK','MDT','MNDO','NMG','OCG','OFG','QLI','RACE','SIG',\n",
" 'SILC','SNT','TNK','VLNS','KARO','MYFW','GIB','SDH','SHOP','SSRM','STE','APM','ALYA','BCTX',\n",
" 'CIXX','CPRI','CSIQ','DLO','HITI','IHS','ITRG','MEOH','SLHG','VMAR','UROY','TIGO','TECK','BITF',\n",
" 'CPOP','IS','SLI','APWC','BHAT','BNSO','BOSC','EDTK','EXN','GAME','AEM','AGO','ASM','ASPS','BB',\n",
" 'CBAT','CYTO','GTEC','HIVE','IFBD','JZXN','MHLD','NXE','PRQR','SLF','SOLO','APTO','GTX','ITP',\n",
" 'FAMI','METX','EJH','GAMB','GMVD','IINN','PBTS','STVN','VTEX','ZENV','DOLE','OSW','AEHL','BAOS',\n",
" 'CLPS','CYBN','IPA','KIQ','OXBR','SNTG','SYTA','THTX','UTME','YGMZ','CNHI','ARCO','BGI','CPA',\n",
" 'GLBS','GOGL','GPRK','KRNT','NETI','NM','NMM','SHIP','TARO','DSX','DESP','FTCH','GRIN']\n",
" 'NOMD','PAX','GLOB','OR','AMBP','WFG','CYD','VINP','ZIM','EURN','BAP','ABST','BTG','CGAU','PAAS',\n",
" 'SAND','LSPD','MMX','IFS','SVM','XP','AFYA','ARCE','CCJ','EQX','RNW','BLDP','LAC','ACB','OGI',\n",
" 'LGO','ADCT','NGMS','LICY','EXK','ARBE','CZOO','ORLA','DNN','GB','VSTA','GP','BWMX','ARVL','SATL',\n",
" 'GRAB','NEWP','EQOS','ARQQ','HUT','QIPT','RY','BMO','TRI','CHKP','FNV','TIXT','TFII','DOOO','INMD',\n",
" 'RDWR','CLS','CAMT','SA','AGI','AGRO','RADA','AG','TRMD','PAGS','CLBT','FSM','CO','TRQ','STNE',\n",
" 'HTOO','HUDI','BAM','AY','DB','CPG','ATC','BUR','WPM','SII','AER','BPOP','CGEN','GLOB','GPL',\n",
" 'PFLT','PLG','TURN','GFLU','GFL','VET','VECT','ABCL','ACGL','ACN','ADNT','AGYS','ALLE','AMCR',\n",
" 'AON','APTV','AQN','ARGO','ATCO','ATY','AUDC','AUY','AXS','BBU','BCE','BIP','CB','CIO','CLB',\n",
" 'CMBM','CMCL','CMRE','CNQ','CP','CRSP','CTRM','CVE','CWCO','CWK','DAC','BLX','DHT','DLNG',\n",
" 'DOGZ','DOX','DSGX','EGLX','EGO','ENB','ESGR','ESLT','ESNT','ETN','EVTC','FBP','FLEX','FLNG',\n",
" 'FN','FSV','FTS','G','GASS','GIL','GLOP','GOLD','GOOS','GRMN','GROY','GSL','GTE','HELE','HLF',\n",
" 'HMLP','HOLI','HZNP','ICL','ICLR','IGT','IMO','ITRN','JCI','JHG','KEN','KGC','KMDA','KLIC','KNDI',\n",
" 'KOS','LAZ','LIN','LMDX','LULU','LXFR','MAPS','MERC','MFC','MGA','MGIC','MTA','MTMT','MX','NAT',\n",
" 'NGD','NOA','NTB','NTR','NVGS','NVT','OTEX','PERI','PNR','PRTA','QGEN','QSR','RBA','RE','RFP',\n",
" 'ROIV','SBLK','SEDG','SJR','SPNS','SPNT','ST','STX','SU','TEL','TGA','TGLS','TK','TRP','TRTN',\n",
" 'TSEM','TT','WCN','WTW','APT','CAAS','CNTG','CREG','DPRO','FLGC','FRO','FSI','FTFT','GSMG','IFRX',\n",
" 'IMCC','IMTE','JWEL','KNOP','LBTYA','LBTYK','MDT','MNDO','NMG','OCG','OFG','QLI','RACE','SIG',\n",
" 'SILC','SNT','TNK','VLNS','KARO','MYFW','GIB','SDH','SHOP','SSRM','STE','APM','ALYA','BCTX',\n",
" 'CIXX','CPRI','CSIQ','DLO','HITI','IHS','ITRG','MEOH','SLHG','VMAR','UROY','TIGO','TECK','BITF',\n",
" 'CPOP','IS','SLI','APWC','BHAT','BNSO','BOSC','EDTK','EXN','GAME','AEM','AGO','ASM','ASPS','BB',\n",
" 'CBAT','CYTO','GTEC','HIVE','IFBD','JZXN','MHLD','NXE','PRQR','SLF','SOLO','APTO','GTX','ITP',\n",
" 'FAMI','METX','EJH','GAMB','GMVD','IINN','PBTS','STVN','VTEX','ZENV','DOLE','OSW','AEHL','BAOS',\n",
" 'CLPS','CYBN','IPA','KIQ','OXBR','SNTG','SYTA','THTX','UTME','YGMZ','CNHI','ARCO','BGI','CPA',\n",
" 'GLBS','GOGL','GPRK','KRNT','NETI','NM','NMM','SHIP','TARO','DSX','DESP','FTCH','GRIN']\n",
We are surprised by some of these names.
It almost feels like they moved for tax and regulatory compliance reasons...so they would have less oversight, regulation and taxes.
These stocks are removed from our model as having asymptotic risk profiles. They are just a little different, under different regulations, and cannot be compared, apples to apples, to US located and incorporated firms.
We make one exception. We exclude MTMT from our run since it is a US located firm but it is operated and controlled out of China. This was accomplished through a restructuring of ACY, or AeroCentury and with a complete change in business.
It almost feels like they moved for tax and regulatory compliance reasons...so they would have less oversight, regulation and taxes.
These stocks are removed from our model as having asymptotic risk profiles. They are just a little different, under different regulations, and cannot be compared, apples to apples, to US located and incorporated firms.
We make one exception. We exclude MTMT from our run since it is a US located firm but it is operated and controlled out of China. This was accomplished through a restructuring of ACY, or AeroCentury and with a complete change in business.