On 10/26 I posted about the challenges associated with analyzing the data quality of N-PX filings (N-PX Update). Today I was making a plan for the weekend, which included working on the code we are using to process the N-PX filings and saw that SRH Total Return Fund (CIK: 102426) filed an amended N-PX (N-PX/A) filing on 10/28. Of course I was curious so I opened it and discovered it was a restatement of their 8/30 filing (this filing was the subject of the prior post).

Sure enough – it appears that we made the right decision to deflate each of the reported values by 1,000,000 as a quick comparison of the data in the two filings suggests that the values in the amended filing match the values after scaling.

Because this filing is a restatement – when this N-PX/A is processed we will actually remove from the database all of the rows from the prior filing and then insert the rows from this new filing. In this case the values for sharesVoted and sharesVoted_ORG will match. Until that happens the sharesVoted and sharesVoted_ORG will differ by a factor of 1,000,000.

I would like to claim that my earlier post caused them to review their filing but I have no way of knowing that.