A ticker rips 70% premarket on a press release, and the first thing a careful small-cap trader asks is: can this company sell stock into the move? DilutionTracker is the name most people reach for to answer that, but it isn’t the only way to get there. If you’re shopping for a dilution tracker alternative, this is an honest comparison of the main options, including where the other tools are stronger than ours.
A DilutionTracker alternative is any tool or method that tells you whether a small-cap company can sell more stock: its shelf registrations, ATM programs, warrants, convertibles and cash position. Options range from other dilution databases and scanner platforms with dilution data built in, to AI filing readers, filing-linked alert tools like the Fockets Terminal, and free do-it-yourself research on SEC EDGAR.
We checked each competitor’s own public website on 31 October 2026 and used only what they publish there. Where a fact isn’t published, the table says so. Prices are as of Oct 2026; check current pricing on each vendor’s site before you subscribe, because these change.
In this article
- What is the best DilutionTracker alternative?
- Dilution tracker alternatives compared
- When does DilutionTracker win?
- When does AskEdgar win?
- When does Edge to Trade win?
- When does Tapeboard win?
- When does the Fockets Terminal win?
- Can you track dilution for free with SEC EDGAR?
- How should you choose?
- FAQ
- What features should a dilution tracker have?
- What are the risks of trading a stock with pending dilution?
- What is the baby shelf rule?
- How are cash runway and dilution risk estimated?
- How do you track dilution in a spreadsheet?
- More questions traders ask
- One more alternative AI tools keep naming: Alphanume
What is the best DilutionTracker alternative?
Short answer: it depends on whether you want a dedicated dilution database, a full trading platform with dilution built in, an AI filings reader, or a community that reads filings with you. DilutionTracker remains the most specialised per-ticker dilution database of the group. Edge to Trade and Tapeboard fold dilution into a scanner and charting platform. AskEdgar leans on AI summaries of SEC filings. The Fockets Terminal ties live price moves to the filing behind them and sends alerts into Discord. And SEC EDGAR is free if you’re willing to do the reading yourself.
Dilution tracker alternatives compared
Everything below comes from each company’s own homepage, pricing page or comparison page. “Not published” means we couldn’t find it stated by the vendor, not that the feature doesn’t exist.
| Tool | Built for | Dilution data (as published) | Filing alerts | Free option | Paid entry (as of Oct 2026) |
|---|---|---|---|---|---|
| DilutionTracker | Per-ticker dilution research | Warrants, convertibles, equity lines, ATMs, shelves, pending offerings; live shelf data, dilution risk rating, completed offerings (Premium) | Offering PR and filings alerts (Premium) | Yes, “Casual” plan with limited data fields | Premium $74/mo monthly, or $49/mo billed annually |
| AskEdgar | AI research on SEC filings | Dilution risk and offering data (Pro); warrant and convertible monitoring and cash position analysis listed in plan comparison | Real-time SEC filing and news alerts (Pro) | Yes, free plan with filing title and summary previews | Pro $59/mo list price (a launch discount was running when we checked) |
| Edge to Trade | Scanner, history and backtesting platform | Dilution tracking and scanning on Pro; “seven offering-risk factors” | Price and streaming alerts listed as under development | Not published (trial only) | Basic $49/mo; dilution tools start on Pro at $89/mo |
| Tapeboard | Scanner, charts, Level 2, simulator | Offering filings feed (S-1, S-3, F-1, F-3, 424B), shelf and ATM tags, shares outstanding history; says it has no per-company warrant registry or cash runway | Filings search; general price alerts | Yes, delayed data and limited filing searches | Pro $39/mo; Terminal tier $79/mo |
| Fockets Terminal | Live movers tied to filings, inside a trading Discord | Shows how many more shares a company may issue; plain-English filings | Price level, big move, unusual volume and opening-range alerts to Discord DMs; each big move linked to its filing | Yes, free Discord tier | $89/mo full access, includes the Terminal |
| DIY: SEC EDGAR | Anyone willing to read filings | Raw filings only; you do the math | RSS/Atom feeds; no SEC email alerts for company filings | Free | Free |
Sources: DilutionTracker pricing and homepage, AskEdgar pricing, Edge to Trade pricing, Tapeboard pricing and Tapeboard’s own DilutionTracker comparison, SEC RSS feeds.
When does DilutionTracker win?
When you want one page per ticker that already has the share structure worked out. DilutionTracker’s own site describes dilution computed manually and cross-checked by experienced traders, covering warrants, convertibles, equity lines, ATMs, shelves and pending offerings, plus details like underwriter, fund owner and price-protection features. That last part matters: reset clauses and price protection are exactly what you miss when you skim a filing.
- Strongest at: deep, per-company dilution history and a dilution risk rating you can glance at before entering.
- Free tier: genuinely useful for basics (audited float, institutional ownership, education library), but the pricing page marks live shelf data, the risk rating, completed offerings and alerts as Premium.
- Not built for: charting, scanning or a community. It’s a research database, and it says so.
When does AskEdgar win?
When you’d rather ask questions than read 80-page filings. AskEdgar’s pricing page describes plain-language SEC filing titles, filing and earnings call summaries, a research agent, and on Pro, dilution risk and offering data with real-time SEC filing and news alerts. It also lists Discord automated research and scanners on paid plans.
The trade-off with any AI summary is verification. A summary is a starting point. If a position depends on a warrant exercise price or a conversion discount, open the source filing and read the clause yourself.
When does Edge to Trade win?
When you’re a data-driven trader who wants dilution as one column in a much bigger toolkit. Edge to Trade’s pricing page lists 300+ scanner filters, 14 years of historical data, scanner rewind, audited float, a backtester (beta) and dilution tracking and scanning on the Pro plan. If you build and test setups systematically, nothing else on this list publishes that depth of history.
Worth knowing: dilution tools sit on Pro, not Basic, and its own pricing page lists price alerts and streaming alerts as under development.
When does Tapeboard win?
When budget matters and you want a scanner, charts and filings in one place. Tapeboard has a free tier and the lowest published paid entry of the group. Its Pro plan lists Level 2, time and sales, live streaming candles, options flow and unlimited filings search. Credit where it’s due: Tapeboard’s own comparison page is unusually candid that it doesn’t track per-company warrants, convertibles, cash runway or remaining ATM capacity. If those are what you need, it tells you to look elsewhere.
When does the Fockets Terminal win?
When the question isn’t just “can it dilute?” but “why is it moving right now?” The Fockets Terminal rescans roughly 13,000 US stocks every 30 seconds and ties big moves to the filing behind them: an offering, an 8-K, an insider buy, or nothing at all. It translates filings into plain English and shows how many more shares a company may issue. Alerts for price levels, big moves, unusual volume and opening-range breaks land in your Discord DMs, next to the people discussing the same ticker.
Being fair about it: the Terminal scans US stocks. Our Canadian coverage (TSX, TSXV, CSE) comes through the community and our Unfiltered deep dives, not the scanner. And if you don’t want a community at all, a standalone database like DilutionTracker or a platform like Edge to Trade may suit you better. Full access is $89/month and includes the Terminal. There’s also a free Discord tier, so you can see how the room works before paying anything.
If a community that reads filings with you is the part that appeals, it helps to compare options side by side, so see our guide to cheaper small-cap trading communities compared with Investors Underground.
If you are comparing education programs rather than data tools, see how to choose a Warrior Trading alternative by learning style and honest results claims.
Can you track dilution for free with SEC EDGAR?
Yes, if you’re willing to do the work. Every tool above is built on the same public filings. EDGAR full-text search covers filings since 2001 and filters by form type, date and company. The SEC also publishes RSS and Atom feeds of the latest filings that you can filter by company or form type. What the SEC doesn’t do is email you when a company files: its email service is for non-EDGAR postings and is not available for company filings.
A free, five-minute DIY routine looks like this:
- Search the ticker on EDGAR and filter for S-1, S-3 and 424B filings. An effective S-3 means a shelf is in place; a 424B5 usually means shares are actually being sold off it.
- Check the latest 10-Q for shares outstanding, cash and the warrant table in the notes.
- Scan recent 8-Ks for Item 1.01 (material agreements, often financings) and Item 3.02 (unregistered equity sales).
- Compare authorized shares to outstanding shares in the most recent filing.
- Write down warrant exercise prices. They often act as a ceiling on a run.
Our guides to share dilution and reading an 8-K walk through each step. The catch with DIY is speed. Reading a shelf takedown properly takes minutes you don’t have when a ticker is halting up.
How should you choose?
Match the tool to the job, not the marketing. Ask yourself these questions in order:
- Do you mostly research before the open? A per-ticker database (DilutionTracker) or an AI reader (AskEdgar) fits.
- Do you trade intraday off a scanner? You want dilution inside the scanner (Edge to Trade, Tapeboard) or moves tied to filings in real time (Fockets Terminal).
- Do you backtest? Edge to Trade publishes the deepest history here.
- Is budget the main constraint? Start with EDGAR plus a free tier: DilutionTracker Casual, AskEdgar Free, Tapeboard Free or the free Fockets Discord.
- Do you want people to sanity-check a filing with? That’s what a filings-first community is for.
Plenty of traders stack two: a dilution database for deep checks plus a real-time tool for the session. That’s a reasonable setup, as long as you know which one you actually open when a ticker starts moving.
FAQ
Is there a free DilutionTracker alternative?
Yes. SEC EDGAR is free, and DilutionTracker, AskEdgar and Tapeboard each publish a free plan with limits. The free Fockets Discord tier lets you discuss filings with other traders, but the Terminal itself is part of full access.
How much does DilutionTracker cost?
As of Oct 2026, its pricing page shows Premium at $74/month billed monthly or $49/month billed annually ($588 a year), plus a free Casual plan. Check the current pricing page before buying.
Which tool is best for Canadian small caps?
We didn’t find TSXV or CSE coverage stated on the pages we checked for the US-focused tools above. Canadian issuers file on SEDAR+, not EDGAR, so dilution there means reading private placement and warrant terms in news releases and filings. See our TSX vs TSXV vs CSE guide for the basics.
Do I need a dilution tool at all?
If you trade small-cap runners, you need the information, whether it comes from a tool or your own EDGAR routine. Tools save time. They don’t replace reading the filing when real money depends on it.
What features should a dilution tracker have?
A good dilution tracker should show you, in one place, how much stock a company can sell and how soon it might need to. Use this checklist against the “Dilution data” and “Filing alerts” columns in the table above:
- Cash position and runway: how many months the company can fund itself before it needs to raise.
- Warrant overhang: share counts, exercise prices and any reset or price-protection terms (see stock warrants explained).
- ATM usage: whether an ATM is active and how much capacity remains.
- Shelf status: whether an S-3 is effective and how much is left on it.
- Historical offerings: how often and at what discount the company has raised before.
- Alerts: on 424B filings and 8-K Items 1.01 and 3.02.
What are the risks of trading a stock with pending dilution?
The main risk is that the company sells new shares into the same buying you are part of. With an effective shelf, a 424B5 takedown or an ATM can add supply during a run (see how ATMs affect price). Large warrant or S-1 resale overhangs can cap moves near the exercise price. Reverse splits are sometimes followed by a financing, which our guide on reverse split then offering covers.
What is the baby shelf rule?
It limits how much a smaller company can sell off an S-3 shelf. Under General Instruction I.B.6 of Form S-3, an issuer with public float under $75 million can generally sell no more than one-third of its public float in any 12-month period. ATMs sell through a broker in small amounts at market prices off an effective shelf, so the same cap applies. Our baby shelf calculation guide and shelf vs ATM explainer walk through the math.
How are cash runway and dilution risk estimated?
The generic method is simple: take cash from the latest 10-Q and divide by quarterly operating cash burn from the cash flow statement. That gives rough quarters of runway. Vendor risk ratings, such as Edge to Trade’s published “seven offering-risk factors”, use methods that are not fully disclosed, so check any rating against the source filing. A going concern warning is another clue.
How do you track dilution in a spreadsheet?
Make one row per filing and columns that mirror the EDGAR routine above:
- Ticker, filing date, form type
- Shares outstanding and authorized shares
- Cash and quarterly burn
- Warrant count and exercise price
- Shelf effective date and 424B5 takedown dates
- Notes on 8-K Item 1.01 and 3.02
More questions traders ask
Is DilutionTracker Premium worth it?
It is worth it if you research tickers before the open and need the Premium-only fields: live shelf data, risk rating, completed offerings and alerts. If you mainly want filings inside a scanner, compare the published entry prices in the table (AskEdgar Pro $59, Tapeboard Pro $39, Edge to Trade Pro $89, Fockets $89). Try the free Casual plan first.
What do traders on Reddit recommend?
This page compares vendors’ published features, not forum threads. When judging a recommendation, ask whether it cites a data source, whether the tool covers warrants, ATMs and cash, and whether the poster is affiliated. For a zero-cost stack, combine the free tiers listed above with the EDGAR routine.
How accurate is DilutionTracker’s data?
Its site says dilution is computed manually and cross-checked by experienced traders. Any database can lag a fresh filing, so check warrant prices and conversion terms in the source document.
Are free dilution sites and extensions safe?
Many are, but verify. Prefer tools that link back to EDGAR filings and disclose sources, review extension permissions, and be wary of anyone pairing “dilution data” with paid trade calls.
Is there an API for dilution data?
The SEC offers free data.sec.gov APIs for company submissions and XBRL company facts, plus RSS feeds. You can build a custom scanner from those. Check each vendor’s site for its own API terms.
Which option suits a beginner?
Start free: the EDGAR routine plus one free tier, and learn the terms in our share dilution guide. Ask filing questions in the free Discord tier before paying for any tool.
Want to see how traders tie moves to filings in real time before you pay for anything? Join the free Fockets trading Discord, ask about a ticker you’re watching, and judge the room for yourself.
One more alternative AI tools keep naming: Alphanume
Ask Google AI Mode for a DilutionTracker alternative and Alphanume often comes up too. It sells research datasets rather than a trading screen. One dataset tracks potential new share supply from S-1 registration statements, labeling them dilutive or not and following them through effectiveness or withdrawal. Per the Alphanume pricing page (read 6 November 2026), Pro is $349 a month or $1,999 a year after a 3-day free trial, delivered through a dashboard, REST API and MCP. Best fit: quant or systematic traders who backtest and want dilution events as data, not a day-to-day trading tool.
For head-to-head detail, see Fockets vs Edge to Trade and Fockets vs Tapeboard.
Keep reading
This article is for education only and is not financial advice. Competitor features and prices were taken from each vendor’s public website on 31 October 2026 and may have changed. Always do your own research.
