Investment Advice
Standard Industrial Classification: SIC 6282
Industry Insider Sentiment Analysis
The Investment Advice sector (SIC 6282) acts as a critical barometer for broader economic health. Our real-time monitoring reveals total transactions. Monitoring "cluster buying" is one of the most reliable leading indicators for future sector performance. By analyzing aggregate data across this specific Standard Industrial Classification, investors can filter out individual company volatility and identify high-conviction trends. When multiple directors and officers within the same industry move capital simultaneously, it often signals an upcoming sector-wide revaluation or a fundamental shift in supply chain dynamics that has yet to be recognized by the broader public market.
| Filing Date | Trade Date | Ticker | Company | Reporting Person | Relationship | Type | Price | Qty | Total, $ | Owned After |
|---|---|---|---|---|---|---|---|---|---|---|
| 2026-10-02 16:30 | 2026-09-29 | NOAH | NOAH HOLDINGS LTD | Wu May Yihong | Director | SELL | $7.89 | 16,000 | $126,214 | 20,000 |
| 2026-09-30 20:03 | 2026-09-29 | HNNA | HENNESSY ADVISORS INC | Newton Kiera | Director | SELL | $10.02 | 504 | $5,050 | 20,598 |
| 2026-09-28 21:31 | 2026-09-24 | HNNA | HENNESSY ADVISORS INC | SEAVEY THOMAS L | Director | SELL | $10.15 | 1,875 | $19,031 | 59,754 |
| 2026-09-25 20:01 | 2026-09-24 | HNNA | HENNESSY ADVISORS INC | STEADMAN DANIEL B | Officer | SELL | $10.26 | 5,000 | $51,313 | 37,768 |
| 2026-09-23 21:27 | 2026-09-23 | ABX | Abacus Global Management, Inc. | McNealy Sean | 10% owner | SELL | $7.74 | 22,700 | $175,698 | 12,506,952 |
| 2026-09-23 21:27 | 2026-09-23 | ABX | Abacus Global Management, Inc. | Kirby Kevin Scott | 10% owner | SELL | $7.74 | 22,745 | $176,046 | 12,506,060 |
| 2026-09-23 21:27 | 2026-09-23 | ABX | Abacus Global Management, Inc. | Ganovsky Matthew | 10% owner | SELL | $7.74 | 22,800 | $176,472 | 8,651,148 |
| 2026-09-23 00:57 | 2026-09-18 | ABX | Abacus Global Management, Inc. | Ganovsky Matthew | 10% owner | SELL | $8.29 | 81,312 | $674,353 | 8,673,948 |
| 2026-09-23 00:57 | 2026-09-18 | ABX | Abacus Global Management, Inc. | Kirby Kevin Scott | 10% owner | SELL | $8.29 | 81,500 | $675,904 | 12,528,805 |
| 2026-09-23 00:58 | 2026-09-18 | ABX | Abacus Global Management, Inc. | McNealy Sean | 10% owner | SELL | $8.29 | 80,954 | $671,465 | 12,529,652 |
| 2026-09-22 13:28 | 2026-09-18 | HKHC | Horizon Kinetics Holding Corp | Nagelberg Allison | Director | BUY | $26.27 | 190 | $4,991 | 590 |
| 2026-09-18 21:37 | 2026-09-18 | BX | Blackstone Inc. | Baratta Joseph | Director | SELL | $123.80 | 100,000 | $12,380,050 | 771,599 |
| 2026-09-17 00:04 | 2026-09-15 | GCMG | GCM Grosvenor Inc. | Bentley Pamela L | Officer | SELL | $12.59 | 50,000 | $629,295 | 14,397 |
| 2026-09-16 23:07 | 2026-09-14 | HNNA | HENNESSY ADVISORS INC | Newton Kiera | Director | SELL | $10.34 | 792 | $8,188 | 15,502 |
| 2026-09-15 21:17 | 2026-09-15 | VRTS | VIRTUS INVESTMENT PARTNERS, INC. | MORRIS W HOWARD | Director | SELL | $138.59 | 435 | $60,284 | 0 |
| 2026-09-14 17:37 | 2026-09-11 | IVZ | Invesco Ltd. | WOOD PHOEBE A | Director | SELL | $32.44 | 3,000 | $97,320 | 107,111 |
| 2026-09-11 21:11 | 2026-09-11 | CG | Carlyle Group Inc. | Rubenstein David M. | Director | SELL | $42.74 | 400,000 | $17,096,000 | 26,899,644 |
| 2026-09-10 20:56 | 2026-09-10 | HLI | HOULIHAN LOKEY, INC. | CRAIN CHRISTOPHER M | Officer | SELL | $140.15 | 1,000 | $140,150 | 0 |
| 2026-09-10 18:00 | 2026-09-09 | IVZ | Invesco Ltd. | Butcher Stephanie | Officer | SELL | $32.28 | 45,095 | $1,455,779 | 10,205 |
| 2026-09-10 18:02 | 2026-09-08 | IVZ | Invesco Ltd. | Lo Andrew Tak Shing | Officer | SELL | $32.39 | 143,370 | $4,643,941 | 812,477 |
| 2026-09-09 16:33 | 2026-09-04 | IVZ | Invesco Ltd. | DUKES LAURA ALLISON | Officer | SELL | $33.16 | 31,075 | $1,030,537 | 259,183 |
| 2026-09-04 21:30 | 2026-09-03 | KKR | KKR & Co. Inc. | HOLMES DANE E | Officer | OPT+S | $108.58 | 10,000 | $1,085,800 | 8,513 |
| 2026-09-03 20:45 | 2026-09-02 | GCMG | GCM Grosvenor Inc. | SULLIVAN KATHLEEN PATRICIA | Officer | SELL | $13.16 | 40,000 | $526,316 | 44,795 |
| 2026-09-03 21:09 | 2026-09-02 | MLCI | Mount Logan Capital Inc. | Satoren Brandon | Officer | BUY | $3.24 | 1,000 | $3,240 | 21,314 |
| 2026-09-03 12:28 | 2026-09-02 | HKHC | Horizon Kinetics Holding Corp | Brennan Alice C | Director | BUY | $25.92 | 200 | $5,184 | 2,000 |
| 2026-08-31 21:00 | 2026-08-27 | MC | Moelis & Co | Shropshire Kenneth | Director | SELL | $69.06 | 1,881 | $129,902 | 7,633 |
| 2026-08-31 13:30 | 2026-08-28 | HKHC | Horizon Kinetics Holding Corp | Brennan Alice C | Director | BUY | $26.20 | 200 | $5,240 | 1,800 |
| 2026-08-28 18:16 | 2026-08-27 | HKHC | Horizon Kinetics Holding Corp | Brennan Alice C | Director | BUY | $26.00 | 200 | $5,200 | 1,600 |
| 2026-08-27 17:30 | 2026-08-26 | HKHC | Horizon Kinetics Holding Corp | Roller Daniel J | Director | BUY | $26.50 | 500 | $13,250 | 10,000 |
| 2026-08-27 00:51 | 2026-08-25 | LAZ | Lazard, Inc. | Orszag Peter Richard | Director, Officer | OPT+S | $43.52 | 125,000 | $5,440,038 | 260,942 |
| 2026-08-26 15:15 | 2026-08-25 | HKHC | Horizon Kinetics Holding Corp | Brennan Alice C | Director | BUY | $26.75 | 200 | $5,350 | 1,400 |
| 2026-08-26 13:25 | 2026-08-25 | TROW | PRICE T ROWE GROUP INC | Nelson Joshua B | Officer | SELL | $111.82 | 10,000 | $1,118,203 | 71,328 |
| 2026-08-25 15:50 | 2026-08-24 | HKHC | Horizon Kinetics Holding Corp | Brennan Alice C | Director | BUY | $26.87 | 200 | $5,374 | 1,200 |
| 2026-08-25 14:11 | 2026-08-24 | HKHC | Horizon Kinetics Holding Corp | Rosenthal Brent D | Director | BUY | $27.00 | 2,000 | $54,000 | 4,450 |
| 2026-08-24 21:15 | 2026-08-24 | MORN | Morningstar, Inc. | Mansueto Joseph D | Director, Officer, 10% owner | SELL | $218.84 | 5,659 | $1,238,394 | 7,938,192 |
| 2026-08-24 16:25 | 2026-04-14 | PAX | Patria Investments Ltd | D'Ippolito Marco Nicola | Officer | SELL | $11.43 | 14,504 | $165,775 | 443,178 |
| 2026-08-21 20:32 | 2026-08-20 | ABX | Abacus Global Management, Inc. | McCauley William Hugh JR | Officer | SELL | $9.10 | 125,000 | $1,137,500 | 915,260 |
| 2026-08-21 21:00 | 2026-08-21 | PJT | PJT Partners Inc. | Costos James | Director | SELL | $175.00 | 1,723 | $301,525 | 11,289 |
| 2026-08-21 21:00 | 2026-08-21 | PJT | PJT Partners Inc. | Cornwell Kievdi Don | Director | SELL | $173.48 | 7,845 | $1,360,953 | 18,865 |
| 2026-08-21 20:47 | 2026-08-20 | MORN | Morningstar, Inc. | Mansueto Joseph D | Director, Officer, 10% owner | SELL | $215.09 | 11,345 | $2,440,238 | 7,943,851 |
| 2026-08-21 20:50 | 2026-08-20 | FHI | FEDERATED HERMES, INC. | Germain Peter J | Officer | SELL | $63.17 | 5,000 | $315,867 | 207,059 |
| 2026-08-21 00:31 | 2026-08-19 | MLCI | Mount Logan Capital Inc. | Held David | Officer | BUY | $3.39 | 946 | $3,207 | 4,763 |
| 2026-08-20 23:39 | 2026-08-20 | MLCI | Mount Logan Capital Inc. | Satoren Brandon | Officer | BUY | $3.20 | 500 | $1,600 | 20,314 |
| 2026-08-20 20:40 | 2026-08-19 | APAM | Artisan Partners Asset Management Inc. | Ramirez Gregory K | Officer | SELL | $42.59 | 7,000 | $298,143 | 109,194 |
| 2026-08-20 18:08 | 2026-08-19 | HKHC | Horizon Kinetics Holding Corp | Herndon Mark | Officer | BUY | $26.70 | 250 | $6,675 | 550 |
| 2026-08-19 21:31 | 2026-08-17 | MORN | Morningstar, Inc. | Mansueto Joseph D | Director, Officer, 10% owner | SELL | $210.25 | 21,750 | $4,572,829 | 7,955,196 |
| 2026-08-18 21:27 | 2026-08-17 | MLCI | Mount Logan Capital Inc. | Satoren Brandon | Officer | BUY | $3.08 | 2,000 | $6,150 | 19,814 |
| 2026-08-17 22:26 | 2026-08-14 | APO | Apollo Global Management, Inc. | Kelly Martin | Officer | SELL | $140.85 | 3,000 | $422,535 | 396,533 |
| 2026-08-14 21:56 | 2026-08-13 | MORN | Morningstar, Inc. | Mansueto Joseph D | Director, Officer, 10% owner | SELL | $202.40 | 14,500 | $2,934,809 | 7,976,946 |
| 2026-08-14 20:40 | 2026-08-12 | ABX | Abacus Global Management, Inc. | Jackson Jay J | Director, Officer, 10% owner | SELL | $8.77 | 196,000 | $1,718,920 | 10,397,430 |
Sector-Wide Insider Alpha
Analyzing insider movements across the Investment Advice sector provides a macro-view of executive conviction. When multiple leaders in different companies within the same SIC code (6282) simultaneously buy shares, it often indicates an industry-wide undervaluation or a positive shift in market cycles.
SEC Filings in Investment Advice
Every transaction in the Investment Advice industry is reported via Form 4 disclosures. By filtering these filings by industry, investors can detect institutional-scale sentiment shifts before they are reflected in broader market indices, following the capital flow of those with intimate industry knowledge.
UNDERSTANDING THE DATA
FILING DATE: The date and time when the transaction was reported to the SEC. This is when the public first receives the information.
TRADE DATE: The actual day the insider executed the purchase or sale in the market.
INDUSTRY: The specific market sector the company operates in. Useful for identifying broader institutional capital flows across sectors.
OWNED AFTER: The total number of shares held by the insider following the transaction. This highlights the insider's remaining conviction in the company.
CHANGE %: The percentage increase or decrease of the insider's total position. Large percentage changes often carry more weight than the dollar amount alone.
TRADE TYPES DEFINITIONS
BUY: An open market purchase. Typically indicates an insider's belief that the stock is undervalued or poised for growth.
SELL: An open market sale. While often used for diversification or liquidity, large or unexpected sales can be a warning signal.
OPT+S (OPTION EXERCISE & SALE): This occurs when an insider exercises their stock options and sells them immediately. Often part of a structured compensation plan.