Quartz Sea Research vs Steno Research
Quartz Sea Research and Steno Research both sit in Equity & Company Research and Macro & Monetary Dynamics, and are compared here on the same fields used across the index: Research Authority Score, published price, asset class, format and vintage. Both are classified independently, and neither pays for its position on this page.
Choose Quartz Sea Research for
- —a cheaper entry tier (Free · $30/mo · $500/mo · from $25,000/yr against ~$29/mo)
- —free or freemium access, where Steno Research is paid only
- —a higher Research Authority Score (98 against 90)
- —analysis-style publishing rather than mixed
Choose Steno Research for
- —broader asset-class coverage (Macro, FX, Fixed Income)
- —mixed-style publishing rather than analysis
- —a longer track record (publishing since 2022)
Data verified 2026-10-04 · independent scoring, no paid rankings
| Field | Quartz Sea Research | Steno Research |
|---|---|---|
| Research Authority | 98/100 | 90/100 |
| Type | Analysis | Mixed |
| Category | Equity & Company Research | Macro & Monetary Dynamics |
| Asset classes | Equities | Macro, FX, Fixed Income |
| Niche | European defense & aerospace equities | Macro regime, rates & FX allocation |
| Price | Free · $30/mo · $500/mo · from $25,000/yr | ~$29/mo |
| Access | Freemium | Paid Subscription |
| Founded | 2026 | 2022 |
| Region | Pan-European | Denmark |
| HQ | Pan-European Coverage | Copenhagen, Denmark |
Also consider
Desks that overlap with Quartz Sea Research and Steno Research on category, tags or asset class, ranked by Research Authority.
The Diff
Inflections in Finance & Technology
Niche · Technology & financial infrastructure
Pulsar (Spaghetti Lisbon)
Macro & Thematic Equities Desk Notes
Niche · macro & thematic equities
Net Interest
Financial Sector Insights from a Former Hedge Fund Manager
Niche · Banks, fintech & the financial sector
Stratechery
Analysis of the Business & Strategy of Technology
Niche · Technology platforms & strategy
Citrini Research
Thematic Equity & Global Macro, Cross-Asset
Niche · Thematic equity megatrends & cross-asset macro
Compounding Quality
Quality Compounders & Portfolio Tracking
Niche · Quality compounding equities
Mostly Borrowed Ideas
Institutional-Grade Deep-Dive Equity Research
Niche · Large-cap compounders & software deep dives
Kakashii's Materials
AI, Semiconductors & the Magnificent 7 — Due Diligence & Red Flags
Niche · AI/semis red flags & the Mag-7 bear case
Capital Flows Research
Global Capital Flows, Rates & FX Plumbing
Niche · global capital flows, rates & FX
Frequently asked questions
Is Quartz Sea Research better than Steno Research?
They lead on different things. Quartz Sea Research scores 98/100 on Research Authority and covers European defense & aerospace equities; Steno Research scores 90/100 and covers Macro regime, rates & FX allocation. Quartz Sea Research is the stronger pick if you want a cheaper entry tier (Free · $30/mo · $500/mo · from $25,000/yr against ~$29/mo), or free or freemium access, where Steno Research is paid only. Steno Research is the stronger pick for broader asset-class coverage (Macro, FX, Fixed Income), or mixed-style publishing rather than analysis.
Is Quartz Sea Research cheaper than Steno Research?
Quartz Sea Research lists Free · $30/mo · $500/mo · from $25,000/yr (Freemium); Steno Research lists ~$29/mo (Paid Subscription). Price is only comparable at the tier level: an entry tier at one desk and an institutional tier at another are not the same product, so check which tier actually gives you the coverage you need.
What is the difference between Quartz Sea Research and Steno Research?
Quartz Sea Research is classified as Analysis covering Equities, publishing since 2026 from Pan-European. Steno Research is classified as Mixed covering Macro, FX, Fixed Income, publishing since 2022 from Denmark. The practical difference is usually format: one publishes analysis and the other publishes actionable positioning, which suit different workflows.
Can I subscribe to both Quartz Sea Research and Steno Research?
Yes, and for desks in the same category it is often rational: overlapping coverage confirms or contradicts a thesis, which is useful when you are sizing a position. The cost test is whether the second subscription changes a decision. If it only repeats the first, the money is better spent on a desk in a category you do not currently read.