{ "schema": "theclaudetrader.research_packet.v1", "generated_at": "2026-10-31T18:13:01+00:00", "snapshot_date": "2026-10-31", "about": { "site": "The Claude Trader", "what_this_is": "Evidence-first research record built from SEC XBRL, SEC Form 4 and exchange prices. Deterministic rule scores with every input linked to its source. No recommendations. fair_value_model is a labelled model estimate from SEC filings, not a price target or recommendation (method: /fair-value).", "publishes": "Facts and their provenance only; no holdings, targets, estimates or recommendations.", "how_to_answer": [ "State the snapshot date and each score's data_as_of.", "Quote scores with their status: ok = complete; partial / insufficient = a test was excluded because an input was absent or older than 550 days. Repeat each warning beside the number it affects; a 'stale' warning means the input was used but is older than 120 days (price: 7 days).", "Cite the source URL for any number you repeat.", "Say what is missing; never present holdings or targets as this site's (it has none).", "If asked for a shortlist or portfolio: build it from the user's horizon, risk, benchmark, exclusions and limits; cite inputs, explain inclusion and thesis risks; label weights as your synthesis, distinct from these deterministic scores; no promised outperformance or invented expected returns." ] }, "company": { "ticker": "WELL", "name": "Welltower Inc.", "legal_name": "WELLTOWER INC.", "cik": "0000766704", "exchange": "NYSE", "industry": "Real Estate Investment Trusts", "sic": "6798", "fiscal_year_end": "1231", "is_financial": true, "is_utility": false }, "price": { "value": 234.6, "as_of": "2026-10-30", "source": "Alpaca Market Data (consolidated SIP daily bar)", "url": "https://docs.alpaca.markets/docs/historical-stock-data-1" }, "market_cap": { "value": 172104873859.8, "as_of": "2026-10-30", "unit": "USD", "meaning": "price on the price date x latest reported point-in-time shares (see inputs.share_count_as_of)", "warning": null, "unavailable_reason": null, "inputs": { "traded_price": { "value": 234.6, "as_of": "2026-10-30", "unit": "USD per traded unit (share or ADS)", "source": "Alpaca Market Data (consolidated SIP daily bar)", "url": "https://docs.alpaca.markets/docs/historical-stock-data-1" }, "sec_shares_outstanding": { "value": 733609863.0, "unit": "underlying shares", "concept": "SEC cover page 10-Q 0000766704-26-000046 (733,609,863 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/766704/000076670426000046/well-20260930.htm", "period_end": "2026-10-23", "accession": "0000766704-26-000046", "url": "https://www.sec.gov/Archives/edgar/data/766704/000076670426000046/R1.htm" }, "depositary_ratio": { "value": 1.0, "unit": "underlying shares per traded unit", "status": "domestic", "source": "10-K filer; SEC shares are the traded units", "evidence_url": null, "evidence_form": null, "evidence_filed": null, "body_snippet": null }, "formula": "market_value = traded_price (price date) / depositary_ratio x latest point-in-time SEC shares outstanding (share-count date shown; from the filing cover page, summed across share classes only where the issuer filing verifies the classes are economically equivalent (rule + evidence URL in the source text), else withheld; priced at the primary listed class, so where other classes trade at a different price the value is an approximation; restated only for issuer-verified splits after the count date); weighted-average share counts are never used", "split_adjustment": null, "share_count_as_of": "2026-10-23", "share_count_age_days_at_price_date": 7, "warning": null, "computed": "234.6 (price 2026-10-30) / 1 x 733,609,863 (shares at 2026-10-23) = 172,104,873,860" } }, "scores": { "graham": { "score": null, "status": "not scored (financial)", "summary": "Not scored: not scored (financial).", "warnings": [], "components": [] }, "magic_formula": { "score": null, "status": "not scored", "summary": "Not scored: not scored.", "warnings": [], "components": [] }, "momentum": { "score": 75.3, "status": "ok", "complete": true, "passes_all": null, "summary": "Momentum: 75 of 100 (ok). 12-1 month return: 29.2 % \u2192 38.8/50; 6 month return: 8.7 % \u2192 11.8/20; Price / 52-week high: 0.934 \u2192 14.0/15; Volatility penalty (60d annualised): 22.8 % \u2192 10.7/15", "data_as_of": "2026-10-30", "history": [ null, null ], "price_as_of": "2026-10-30", "coverage": null, "verification": null, "warnings": [], "components": [ { "name": "12-1 month return", "value": 29.2, "unit": "%", "percentile": 77.7, "points": 38.8, "max": 50 }, { "name": "6 month return", "value": 8.7, "unit": "%", "percentile": 58.8, "points": 11.8, "max": 20 }, { "name": "Price / 52-week high", "value": 0.934, "points": 14.0, "max": 15 }, { "name": "Volatility penalty (60d annualised)", "value": 22.8, "unit": "%", "points": 10.7, "max": 15 } ], "rules_url": "https://theclaudetrader.com/p/momentum" }, "insider": { "score": 34.7, "status": "ok", "complete": true, "passes_all": null, "summary": "Insider: 35 of 100 (ok). Open-market buy value / market cap (percentile among buyers): 0.07 bp \u2192 16.3/35; Distinct buyers: 1 \u2192 6.2/25; Buyer seniority: 0.5 \u2192 10.0/20; Recency (half-life 30d): 0.22 \u2192 2.2/10; Sales penalty (excludes 10b5-1 plan sales): 0.0 bp \u2192 -0.0/0", "data_as_of": "2026-10-30", "history": [ null, null ], "price_as_of": null, "coverage": { "window_start": "2026-08-02", "through": "2026-10-30", "missing_days": 1, "note": "Form 4 data loaded through 2026-10-30" }, "verification": null, "warnings": [], "components": [ { "name": "Open-market buy value / market cap (percentile among buyers)", "value": 0.07, "unit": "bp", "points": 16.3, "max": 35 }, { "name": "Distinct buyers", "value": 1, "points": 6.2, "max": 25 }, { "name": "Buyer seniority", "value": 0.5, "points": 10.0, "max": 20 }, { "name": "Recency (half-life 30d)", "value": 0.22, "points": 2.2, "max": 10 }, { "name": "Sales penalty (excludes 10b5-1 plan sales)", "value": 0.0, "unit": "bp", "points": -0.0, "max": 0 } ], "rules_url": "https://theclaudetrader.com/p/insider" }, "buffett": { "score": null, "status": "not scored (financial)", "summary": "Not scored: not scored (financial).", "warnings": [], "components": [] }, "lynch": { "score": null, "status": "not scored (financial)", "summary": "Not scored: not scored (financial).", "warnings": [], "components": [] }, "graham_enterprising": { "score": null, "status": "not scored (financial)", "summary": "Not scored: not scored (financial).", "warnings": [], "components": [] }, "piotroski": { "score": null, "status": "not scored (financial)", "summary": "Not scored: not scored (financial).", "warnings": [], "components": [] } }, "inputs_by_philosophy": { "graham": [], "magic_formula": [], "momentum": [ { "name": "Adjusted close series (14 months)", "value": 234.6, "kind": "price", "source": "Yahoo Finance / Alpaca Market Data daily history", "url": null, "period": "2026-10-30", "age_days": 1, "stale": false } ], "insider": [ { "name": "Form 4 P Gundlach Andrew 2026-08-26", "value": 605150.0, "shares": 2500.0, "price": 242.06, "role": "director", "period": "2026-08-26", "source": "SEC Form 4 (insider transactions data set)", "url": "https://www.sec.gov/Archives/edgar/data/766704/000119312526371418/" }, { "name": "Form 4 P Gundlach Andrew 2026-08-25", "value": 598675.0, "shares": 2500.0, "price": 239.47, "role": "director", "period": "2026-08-25", "source": "SEC Form 4 (insider transactions data set)", "url": "https://www.sec.gov/Archives/edgar/data/766704/000119312526371418/" } ], "buffett": [], "lynch": [], "graham_enterprising": [], "piotroski": [] }, "earnings_record": { "net_income_by_fy": [ { "fy": 2013, "period_end": "2013-12-31", "sec_frame": "CY2013", "value": 138280000.0, "url": "https://www.sec.gov/Archives/edgar/data/766704/000076670416000055/", "accession": "0000766704-16-000055" }, { "fy": 2014, "period_end": "2014-12-31", "sec_frame": "CY2014", "value": 512300000.0, "url": "https://www.sec.gov/Archives/edgar/data/766704/000076670417000012/", "accession": "0000766704-17-000012" }, { "fy": 2015, "period_end": "2015-12-31", "sec_frame": "CY2015", "value": 888549000.0, "url": "https://www.sec.gov/Archives/edgar/data/766704/000076670418000012/", "accession": "0000766704-18-000012" }, { "fy": 2016, "period_end": "2016-12-31", "sec_frame": "CY2016", "value": 1082070000.0, "url": "https://www.sec.gov/Archives/edgar/data/766704/000076670419000014/", "accession": "0000766704-19-000014" }, { "fy": 2017, "period_end": "2017-12-31", "sec_frame": "CY2017", "value": 540613000.0, "url": "https://www.sec.gov/Archives/edgar/data/766704/000076670420000015/", "accession": "0000766704-20-000015" }, { "fy": 2018, "period_end": "2018-12-31", "sec_frame": "CY2018", "value": 829750000.0, "url": "https://www.sec.gov/Archives/edgar/data/766704/000076670421000018/", "accession": "0000766704-21-000018" }, { "fy": 2019, "period_end": "2019-12-31", "sec_frame": "CY2019", "value": 1330410000.0, "url": "https://www.sec.gov/Archives/edgar/data/766704/000076670422000013/", "accession": "0000766704-22-000013" }, { "fy": 2020, "period_end": "2020-12-31", "sec_frame": "CY2020", "value": 1038852000.0, "url": "https://www.sec.gov/Archives/edgar/data/766704/000076670423000010/", "accession": "0000766704-23-000010" }, { "fy": 2021, "period_end": "2021-12-31", "sec_frame": "CY2021", "value": 336138000.0, "url": "https://www.sec.gov/Archives/edgar/data/766704/000076670426000014/", "accession": "0000766704-26-000014" }, { "fy": 2022, "period_end": "2022-12-31", "sec_frame": "CY2022", "value": 141214000.0, "url": "https://www.sec.gov/Archives/edgar/data/766704/000076670426000014/", "accession": "0000766704-26-000014" }, { "fy": 2023, "period_end": "2023-12-31", "sec_frame": "CY2023", "value": 340094000.0, "url": "https://www.sec.gov/Archives/edgar/data/766704/000076670426000014/", "accession": "0000766704-26-000014" }, { "fy": 2024, "period_end": "2024-12-31", "sec_frame": "CY2024", "value": 951680000.0, "url": "https://www.sec.gov/Archives/edgar/data/766704/000076670426000014/", "accession": "0000766704-26-000014" }, { "fy": 2025, "period_end": "2025-12-31", "sec_frame": "CY2025", "value": 936845000.0, "url": "https://www.sec.gov/Archives/edgar/data/766704/000076670426000014/", "accession": "0000766704-26-000014" } ], "eps_diluted_by_fy": [ { "fy": 2013, "period_end": "2013-12-31", "sec_frame": "CY2013", "value": 0.28, "url": "https://www.sec.gov/Archives/edgar/data/766704/000076670416000055/", "accession": "0000766704-16-000055", "value_reported": 0.28, "split_factor": 1.0, "split_basis": "filed 2016-02-18" }, { "fy": 2014, "period_end": "2014-12-31", "sec_frame": "CY2014", "value": 1.45, "url": "https://www.sec.gov/Archives/edgar/data/766704/000076670417000012/", "accession": "0000766704-17-000012", "value_reported": 1.45, "split_factor": 1.0, "split_basis": "filed 2017-02-22" }, { "fy": 2015, "period_end": "2015-12-31", "sec_frame": "CY2015", "value": 2.34, "url": "https://www.sec.gov/Archives/edgar/data/766704/000076670418000012/", "accession": "0000766704-18-000012", "value_reported": 2.34, "split_factor": 1.0, "split_basis": "filed 2018-02-28" }, { "fy": 2016, "period_end": "2016-12-31", "sec_frame": "CY2016", "value": 2.81, "url": "https://www.sec.gov/Archives/edgar/data/766704/000076670419000014/", "accession": "0000766704-19-000014", "value_reported": 2.81, "split_factor": 1.0, "split_basis": "filed 2019-02-25" }, { "fy": 2017, "period_end": "2017-12-31", "sec_frame": "CY2017", "value": 1.26, "url": "https://www.sec.gov/Archives/edgar/data/766704/000076670420000015/", "accession": "0000766704-20-000015", "value_reported": 1.26, "split_factor": 1.0, "split_basis": "filed 2020-02-14" }, { "fy": 2018, "period_end": "2018-12-31", "sec_frame": "CY2018", "value": 2.02, "url": "https://www.sec.gov/Archives/edgar/data/766704/000076670421000018/", "accession": "0000766704-21-000018", "value_reported": 2.02, "split_factor": 1.0, "split_basis": "filed 2021-02-10" }, { "fy": 2019, "period_end": "2019-12-31", "sec_frame": "CY2019", "value": 3.05, "url": "https://www.sec.gov/Archives/edgar/data/766704/000076670422000013/", "accession": "0000766704-22-000013", "value_reported": 3.05, "split_factor": 1.0, "split_basis": "filed 2022-02-16" }, { "fy": 2020, "period_end": "2020-12-31", "sec_frame": "CY2020", "value": 2.33, "url": "https://www.sec.gov/Archives/edgar/data/766704/000076670423000010/", "accession": "0000766704-23-000010", "value_reported": 2.33, "split_factor": 1.0, "split_basis": "filed 2023-02-21" }, { "fy": 2021, "period_end": "2021-12-31", "sec_frame": "CY2021", "value": 0.78, "url": "https://www.sec.gov/Archives/edgar/data/766704/000076670424000008/", "accession": "0000766704-24-000008", "value_reported": 0.78, "split_factor": 1.0, "split_basis": "filed 2024-02-15" }, { "fy": 2022, "period_end": "2022-12-31", "sec_frame": "CY2022", "value": 0.3, "url": "https://www.sec.gov/Archives/edgar/data/766704/000076670425000009/", "accession": "0000766704-25-000009", "value_reported": 0.3, "split_factor": 1.0, "split_basis": "filed 2025-02-12" }, { "fy": 2023, "period_end": "2023-12-31", "sec_frame": "CY2023", "value": 0.66, "url": "https://www.sec.gov/Archives/edgar/data/766704/000076670426000010/", "accession": "0000766704-26-000010", "value_reported": 0.66, "split_factor": 1.0, "split_basis": "filed 2026-02-12" }, { "fy": 2024, "period_end": "2024-12-31", "sec_frame": "CY2024", "value": 1.57, "url": "https://www.sec.gov/Archives/edgar/data/766704/000076670426000010/", "accession": "0000766704-26-000010", "value_reported": 1.57, "split_factor": 1.0, "split_basis": "filed 2026-02-12" }, { "fy": 2025, "period_end": "2025-12-31", "sec_frame": "CY2025", "value": 1.39, "url": "https://www.sec.gov/Archives/edgar/data/766704/000076670426000010/", "accession": "0000766704-26-000010", "value_reported": 1.39, "split_factor": 1.0, "split_basis": "filed 2026-02-12" } ], "revenue_by_fy": [ { "fy": 2013, "period_end": "2013-12-31", "sec_frame": "CY2013", "value": 2880608000.0, "url": "https://www.sec.gov/Archives/edgar/data/766704/000076670416000055/", "accession": "0000766704-16-000055" }, { "fy": 2014, "period_end": "2014-12-31", "sec_frame": "CY2014", "value": 3343546000.0, "url": "https://www.sec.gov/Archives/edgar/data/766704/000076670417000012/", "accession": "0000766704-17-000012" }, { "fy": 2015, "period_end": "2015-12-31", "sec_frame": "CY2015", "value": 3859826000.0, "url": "https://www.sec.gov/Archives/edgar/data/766704/000076670418000012/", "accession": "0000766704-18-000012" }, { "fy": 2016, "period_end": "2016-12-31", "sec_frame": "CY2016", "value": 4281160000.0, "url": "https://www.sec.gov/Archives/edgar/data/766704/000076670419000014/", "accession": "0000766704-19-000014" }, { "fy": 2017, "period_end": "2017-12-31", "sec_frame": "CY2017", "value": 4316641000.0, "url": "https://www.sec.gov/Archives/edgar/data/766704/000076670420000015/", "accession": "0000766704-20-000015" }, { "fy": 2018, "period_end": "2018-12-31", "sec_frame": "CY2018", "value": 4700499000.0, "url": "https://www.sec.gov/Archives/edgar/data/766704/000076670421000018/", "accession": "0000766704-21-000018" }, { "fy": 2019, "period_end": "2019-12-31", "sec_frame": "CY2019", "value": 5121306000.0, "url": "https://www.sec.gov/Archives/edgar/data/766704/000076670422000013/", "accession": "0000766704-22-000013" }, { "fy": 2020, "period_end": "2020-12-31", "sec_frame": "CY2020", "value": 4605967000.0, "url": "https://www.sec.gov/Archives/edgar/data/766704/000076670423000010/", "accession": "0000766704-23-000010" }, { "fy": 2021, "period_end": "2021-12-31", "sec_frame": "CY2021", "value": 4742115000.0, "url": "https://www.sec.gov/Archives/edgar/data/766704/000076670424000008/", "accession": "0000766704-24-000008" }, { "fy": 2022, "period_end": "2022-12-31", "sec_frame": "CY2022", "value": 5860615000.0, "url": "https://www.sec.gov/Archives/edgar/data/766704/000076670425000009/", "accession": "0000766704-25-000009" }, { "fy": 2023, "period_end": "2023-12-31", "sec_frame": "CY2023", "value": 6637995000.0, "url": "https://www.sec.gov/Archives/edgar/data/766704/000076670426000010/", "accession": "0000766704-26-000010" }, { "fy": 2024, "period_end": "2024-12-31", "sec_frame": "CY2024", "value": 7991118000.0, "url": "https://www.sec.gov/Archives/edgar/data/766704/000076670426000010/", "accession": "0000766704-26-000010" }, { "fy": 2025, "period_end": "2025-12-31", "sec_frame": "CY2025", "value": 10838034000.0, "url": "https://www.sec.gov/Archives/edgar/data/766704/000076670426000010/", "accession": "0000766704-26-000010" } ], "dividend_years": [ 1987, 1988, 1989, 1990, 1991, 1992, 1993, 1994, 1995, 1996, 1997, 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026 ] }, "insider_activity": { "coverage_through": "2026-10-30", "window_start": "2026-08-02", "missing_days": 1, "recent_transactions": [ { "txn_date": "2026-08-26", "insider_name": "Gundlach Andrew", "role": "director", "code": "P", "shares": 2500.0, "price": 242.06, "value": 605150.0, "is_10b5_1": 0, "source_url": "https://www.sec.gov/Archives/edgar/data/766704/000119312526371418/" }, { "txn_date": "2026-08-25", "insider_name": "Gundlach Andrew", "role": "director", "code": "P", "shares": 2500.0, "price": 239.47, "value": 598675.0, "is_10b5_1": 0, "source_url": "https://www.sec.gov/Archives/edgar/data/766704/000119312526371418/" } ] }, "filings_and_news": { "sec_filing_index": "https://www.sec.gov/edgar/browse/?CIK=0000766704", "sec_8k": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000766704&type=8-K", "sec_form4": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000766704&type=4", "xbrl_companyfacts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0000766704.json", "news_items": [], "note": "Press releases are filed as 8-K exhibits; the 8-K link lists them with dates." }, "peer_context": { "graham": { "industry": "Real Estate Investment Trusts", "scored_peers": 0, "rank": null, "median": null }, "magic_formula": { "industry": "Real Estate Investment Trusts", "scored_peers": 0, "rank": null, "median": null }, "momentum": { "industry": "Real Estate Investment Trusts", "scored_peers": 27, "rank": 2, "median": 56.0, "top_peers": [ { "ticker": "HST", "score": 89.0 }, { "ticker": "WELL", "score": 75.3 }, { "ticker": "SPG", "score": 74.4 }, { "ticker": "DOC", "score": 71.9 }, { "ticker": "FRT", "score": 68.4 } ] }, "insider": { "industry": "Real Estate Investment Trusts", "scored_peers": 27, "rank": 4, "median": 0.0, "top_peers": [ { "ticker": "SPG", "score": 55.0 }, { "ticker": "ARE", "score": 49.9 }, { "ticker": "AMT", "score": 44.1 }, { "ticker": "WELL", "score": 34.7 }, { "ticker": "BXP", "score": 0.0 } ] }, "buffett": { "industry": "Real Estate Investment Trusts", "scored_peers": 0, "rank": null, "median": null }, "lynch": { "industry": "Real Estate Investment Trusts", "scored_peers": 0, "rank": null, "median": null }, "graham_enterprising": { "industry": "Real Estate Investment Trusts", "scored_peers": 0, "rank": null, "median": null }, "piotroski": { "industry": "Real Estate Investment Trusts", "scored_peers": 0, "rank": null, "median": null } }, "dossier": { "url": "https://theclaudetrader.com/d/WELL.md", "written": "2026-10-28", "note": "librarian agent dossier: cited facts only, no opinions" }, "external_views_link_only": { "morningstar": "https://www.morningstar.com/search?query=WELL", "finviz": "https://finviz.com/quote.ashx?t=WELL", "stockanalysis": "https://stockanalysis.com/stocks/well/", "seeking_alpha": "https://seekingalpha.com/symbol/WELL", "openinsider": "http://openinsider.com/search?q=WELL", "google_news": "https://news.google.com/rss/search?q=WELL+stock" }, "limits": [ "Graham Defensive: not scored (financial)", "Magic Formula: not scored", "Buffett Quality: not scored (financial)", "Lynch GARP: not scored (financial)", "Graham Enterprising: not scored (financial)", "Piotroski F-Score: not scored (financial)", "News is not collected for this ticker; use the SEC 8-K and press-release links below" ], "machine_readable": { "stock_json": "https://theclaudetrader.com/s/WELL.json", "stock_md": "https://theclaudetrader.com/s/WELL.md", "packet": "https://theclaudetrader.com/r/WELL.json", "grid": "https://theclaudetrader.com/grid.json", "openapi": "https://theclaudetrader.com/openapi.json", "index": "https://theclaudetrader.com/llms.txt" }, "cite_as": "The Claude Trader snapshot 2026-10-31, https://theclaudetrader.com/s/WELL; data from SEC EDGAR XBRL and market prices (Alpaca Market Data, Yahoo Finance) to 2026-10-30.", "disclaimer": "Scores are deterministic rule outputs from public filings. fair_value_model is a labelled model estimate from the same filings (method at /fair-value), not an opinion or recommendation." }