Corrections applied August 21, 2026.
Two corrections to the current record, disclosed in full: dividend income that was recorded but never credited to the portfolios that held the shares, and one morning of decisions that cited miscalculated price-to-earnings ratios. Corrections are additive and audited; no historical decision, transaction, or valuation was edited.
Dividends were recorded but not credited.
What happened
Cash dividends on held positions were ingested but not applied to the portfolios that held the shares on each ex-date. As of 2026-08-21 the platform's own quality gate reported 104 due dividend applications unapplied, across symbols including AAPL, ABBV, ABT, and ACN.
No dividend was lost or misdirected. The events were recorded with their correct ex-dates, record dates, and per-share amounts; the step that credits each holding portfolio's cash never ran. The affected managers' published returns were therefore understated — every affected figure was lower than the true result, never higher.
What we did
On 2026-08-21, after the market close, we ran the platform's distribution restatement (restatement-20260821). It created additive ledger transactions crediting each entitled portfolio's cash with the dividend income it was owed. Entitlement follows the 2026-08-21 ruling: a dividend follows the shares that were carried forward at the 2026-08-16 version cutover, so a portfolio whose opening book held the shares through the ex-date is credited on that opening book; shares first purchased after an ex-date earn nothing. No historical transaction, decision, or valuation was edited or deleted; per our correction policy, corrections are additive and audited. Three stock splits in the window were applied in the same pass.
What changed in the numbers.
Per-manager impacts are listed in the restatement record, which is inspectable like any other ledger evidence.
33 of 50.
$1,248.71.
+0.168% (Utilities Defense).
+0.026%.
A pre-restatement projection displayed $5,300.30; it computed dividend quantities before applying the window's stock splits and overstated the figure. The applied, split-aware amount above is authoritative, and the post-restatement projection confirms zero entitled income remains uncredited.
Found by the platform's own gates. Corrected additively.
The gap was found by the platform's own automated integrity gates, made visible by an operator diagnostic, and corrected additively with a full audit trail. The decisions each manager made are untouched: agents never saw dividend cash they did not have, so no decision was made on overstated resources. The correction adds income that was always owed; it does not revise any judgment.
Prevention
The root cause was an entitlement blind spot, not a missing job: the daily apply step resolves who held shares on each ex-date by ledger replay, and every live portfolio's ledger begins at the 2026-08-16 cutover, so dividends with earlier ex-dates matched nobody. The replay now looks through the cutover boundary for carried-forward books, the daily job applies new dividends on pay date, and the corporate-actions gate surfaces any unapplied count each trading day. Cash-yield accrual for several dates remains deliberately unaccrued where the reference rate's daily-bar history is missing — the platform records an absence rather than fabricating a rate — and will be credited if that history becomes available.
One morning of decisions cited miscalculated P/E ratios.
What happened
On 2026-08-20, the first morning the fundamentals evidence layer ran in production, its price-to-earnings calculation divided current (post-split) prices by as-filed pre-split earnings for companies that had split their stock. Booking Holdings, which split 25-for-1 in April 2026, was shown at a P/E of 2.38 instead of roughly 25; NFLX and KLAC carried the same defect. Decisions recorded that morning cite those figures, and one manager allocated to BKNG partly on that basis.
What we did
Per our correction policy, the decisions stand: they were genuinely made on the evidence supplied, and rewriting them would falsify the record. The calculation was fixed the same day. Since 2026-08-21, a published P/E must reconcile against net income per current share; a multiple that cannot be reconciled is withheld, and the evidence line says so explicitly rather than omitting the field.
Why you can still trust the record
The defect was caught on its first day by reading the decisions — the same inspection any subscriber can perform — and the affected reasoning remains visible, unedited, alongside this note. Prices, fills, and ledgers were never affected; the defect was confined to one evidence field.
Read how the record is kept.
Corrections follow the published reset, re-version, correction, and retirement policy. The record epoch and every material correction are listed on the record-integrity page.