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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024-09-04 20:13 | 2024-09-03 | HKHC | Horizon Kinetics Holding Corp | Brennan Alice C | Director | BUY | $24.36 | 500 | $12,180 | 500 |
| 2024-09-05 01:15 | 2024-09-03 | PJT | PJT Partners Inc. | Lee Ji-Yeun | Officer | SELL | $118.85 | 10,000 | $1,188,457 | 61,433 |
| 2024-09-05 00:34 | 2024-09-03 | HKHC | Horizon Kinetics Holding Corp | DOYLE PETER | Director, Officer, 10% owner | BUY | $24.75 | 50 | $1,238 | 880,632 |
| 2024-09-04 23:57 | 2024-08-02 | HKHC | Horizon Kinetics Holding Corp | DOYLE PETER | Director, Officer, 10% owner | BUY | $25.20 | 25 | $630 | 880,582 |
| 2024-09-04 22:46 | 2024-09-03 | HKHC | Horizon Kinetics Holding Corp | STAHL MURRAY | Director, Officer, 10% owner | BUY | $24.95 | 8 | $200 | 248,584 |
| 2024-09-05 03:27 | 2024-09-03 | ARES | Ares Management Corporation | Rosenthal Bennett | Director, Officer | SELL | $142.66 | 26,579 | $3,791,691 | 75,000 |
| 2024-09-04 00:39 | 2024-09-03 | HLI | HOULIHAN LOKEY, INC. | CRAIN CHRISTOPHER M | Officer | SELL | $155.29 | 1,000 | $155,290 | 0 |
| 2024-09-04 00:24 | 2024-08-30 | MORN | Morningstar, Inc. | Lyons William M | Director | SELL | $311.60 | 750 | $233,700 | 14,340 |
| 2024-09-04 00:21 | 2024-08-29 | MORN | Morningstar, Inc. | Mansueto Joseph D | Director, Officer, 10% owner | SELL | $312.21 | 12,854 | $4,013,113 | 10,532,974 |
| 2024-08-30 20:28 | 2024-08-29 | BEN | FRANKLIN RESOURCES INC | JOHNSON CHARLES B | 10% owner | BUY | $19.84 | 100,000 | $1,984,200 | 89,208,192 |
| 2024-08-31 00:00 | 2024-08-29 | PJT | PJT Partners Inc. | Cornwell Kievdi Don | Director | SELL | $123.42 | 15,585 | $1,923,524 | 4,340 |
| 2024-08-30 23:02 | 2024-08-28 | AMP | Ameriprise Financial, Inc. | TRUSCOTT WILLIAM F | Officer | OPT+S | $441.56 | 15,584 | $6,881,234 | 13,404 |
| 2024-08-31 04:25 | 2024-08-28 | ARES | Ares Management Corporation | Arougheti Michael J | Director, Officer | SELL | $145.35 | 55,723 | $8,099,472 | 0 |
| 2024-08-31 04:24 | 2024-08-29 | ARES | Ares Management Corporation | Rosenthal Bennett | Director, Officer | SELL | $145.59 | 48,421 | $7,049,628 | 101,579 |
| 2024-08-31 04:24 | 2024-08-28 | ARES | Ares Management Corporation | KAPLAN DAVID B | Director, Officer | SELL | $145.34 | 55,762 | $8,104,232 | 0 |
| 2024-08-30 15:10 | 2024-08-28 | BEN | FRANKLIN RESOURCES INC | JOHNSON JENNIFER M | Director, Officer | BUY | $19.66 | 12,700 | $249,738 | 2,637,700 |
| 2024-08-29 16:41 | 2024-08-27 | ALTI | AlTi Global, Inc. | Maliagros Spiros | Officer | SELL | $4.25 | 5,769 | $24,518 | 422,474 |
| 2024-08-29 23:40 | 2024-08-27 | MORN | Morningstar, Inc. | Mansueto Joseph D | Director, Officer, 10% owner | SELL | $311.30 | 11,394 | $3,546,944 | 10,545,828 |
| 2024-08-28 23:05 | 2024-08-27 | CNS | COHEN & STEERS, INC. | Villani Edmond D | Director | SELL | $86.66 | 3,000 | $259,980 | 31,460 |
| 2024-08-28 00:00 | 2024-08-26 | PJT | PJT Partners Inc. | Skaugen Grace Reksten | Director | SELL | $124.86 | 2,015 | $251,593 | 500 |
| 2024-08-27 23:29 | 2024-08-23 | MORN | Morningstar, Inc. | Mansueto Joseph D | Director, Officer, 10% owner | SELL | $313.28 | 12,973 | $4,064,236 | 10,557,222 |
| 2024-08-28 02:40 | 2024-08-23 | ARES | Ares Management Corporation | Arougheti Michael J | Director, Officer | SELL | $146.67 | 81,247 | $11,916,863 | 55,723 |
| 2024-08-28 01:00 | 2024-08-23 | LAZ | Lazard, Inc. | JACOBS KENNETH M | Director, Officer | SELL | $50.02 | 142,996 | $7,152,202 | 276,010 |
| 2024-08-28 02:41 | 2024-08-23 | ARES | Ares Management Corporation | KAPLAN DAVID B | Director, Officer | SELL | $146.68 | 80,846 | $11,858,289 | 55,762 |
| 2024-08-26 23:35 | 2024-08-23 | APO | Apollo Global Management Inc. | Zelter James C | Director, Officer | SELL | $110.14 | 100,000 | $11,014,010 | 781,722 |
| 2024-08-26 21:31 | 2024-08-23 | BEN | FRANKLIN RESOURCES INC | JOHNSON JENNIFER M | Director, Officer | BUY | $20.95 | 18,900 | $396,021 | 216,900 |
| 2024-08-23 18:23 | 2024-08-20 | ALTI | AlTi Global, Inc. | IlWaddi Holdings | 10% owner | BUY | $3.95 | 3,835 | $15,148 | 18,098,807 |
| 2024-08-23 23:59 | 2024-08-22 | AB | AllianceBernstein Holding L.P. | Stonehill Charles G.T. | Director | SELL | $34.87 | 4,000 | $139,494 | 25,923 |
| 2024-08-23 23:51 | 2024-08-21 | MORN | Morningstar, Inc. | Mansueto Joseph D | Director, Officer, 10% owner | SELL | $312.05 | 10,721 | $3,345,518 | 10,570,195 |
| 2024-08-22 17:41 | 2024-08-20 | ALTI | AlTi Global, Inc. | Moran Kevin P. | Officer | SELL | $4.00 | 137,500 | $550,000 | 27,637 |
| 2024-08-22 17:41 | 2024-08-20 | ALTI | AlTi Global, Inc. | Maliagros Spiros | Officer | SELL | $4.04 | 5,769 | $23,307 | 428,243 |
| 2024-08-22 23:49 | 2024-08-21 | EVR | Evercore Inc. | LaLonde Timothy Gilbert | Officer | SELL | $238.72 | 3,750 | $895,213 | 40,563 |
| 2024-08-23 02:52 | 2024-08-20 | ARES | Ares Management Corporation | Arougheti Michael J | Director, Officer | SELL | $144.21 | 54,576 | $7,870,438 | 136,970 |
| 2024-08-23 02:49 | 2024-08-20 | ARES | Ares Management Corporation | Rosenthal Bennett | Director, Officer | SELL | $144.21 | 41,508 | $5,985,757 | 150,000 |
| 2024-08-23 02:51 | 2024-08-20 | ARES | Ares Management Corporation | KAPLAN DAVID B | Director, Officer | SELL | $144.21 | 54,726 | $7,892,108 | 136,608 |
| 2024-08-22 00:03 | 2024-08-19 | MORN | Morningstar, Inc. | Mansueto Joseph D | Director, Officer, 10% owner | SELL | $315.85 | 4,052 | $1,279,820 | 10,580,916 |
| 2024-08-21 00:12 | 2024-08-20 | HLI | HOULIHAN LOKEY, INC. | Zucker Gillian Beth | Director | SELL | $152.49 | 200 | $30,498 | 7,001 |
| 2024-08-21 01:24 | 2024-08-19 | JHG | JANUS HENDERSON GROUP PLC | ROSENBERG MICHELLE | Officer | SELL | $36.51 | 7,651 | $279,338 | 89,048 |
| 2024-08-21 01:18 | 2024-08-19 | AMG | Affiliated Managers Group Inc. | Horgen Jay C. | Director, Officer | OPT+S | $170.94 | 18,300 | $3,128,169 | 367,976 |
| 2024-08-21 01:15 | 2024-08-16 | AMG | Affiliated Managers Group Inc. | Wojcik Thomas M | Officer | OPT+S | $172.71 | 4,786 | $826,590 | 84,392 |
| 2024-08-21 01:13 | 2024-08-16 | AMG | Affiliated Managers Group Inc. | Jamal Rizwan M | Officer | OPT+S | $172.89 | 8,622 | $1,490,658 | 128,457 |
| 2024-08-19 19:08 | 2024-08-16 | ALTI | AlTi Global, Inc. | Maliagros Spiros | Officer | SELL | $4.07 | 2,464 | $10,028 | 428,243 |
| 2024-08-19 16:25 | 2024-08-15 | ALTI | AlTi Global, Inc. | Maliagros Spiros | Officer | SELL | $4.05 | 6,227 | $25,219 | 430,707 |
| 2024-08-19 23:40 | 2024-08-15 | MORN | Morningstar, Inc. | Mansueto Joseph D | Director, Officer, 10% owner | SELL | $313.96 | 14,831 | $4,656,293 | 10,584,968 |
| 2024-08-20 04:38 | 2024-08-15 | ARES | Ares Management Corporation | Rosenthal Bennett | Director, Officer | SELL | $145.19 | 58,492 | $8,492,699 | 191,508 |
| 2024-08-20 04:36 | 2024-08-15 | ARES | Ares Management Corporation | Arougheti Michael J | Director, Officer | SELL | $145.19 | 58,454 | $8,487,182 | 191,546 |
| 2024-08-20 04:35 | 2024-08-15 | ARES | Ares Management Corporation | KAPLAN DAVID B | Director, Officer | SELL | $145.19 | 58,666 | $8,517,975 | 191,334 |
| 2024-08-17 00:47 | 2024-08-16 | HLI | HOULIHAN LOKEY, INC. | BEISER SCOTT L | Director, Officer, 10% owner | SELL | $151.89 | 8,317 | $1,263,269 | 0 |
| 2024-08-16 00:46 | 2024-08-13 | ALTI | AlTi Global, Inc. | IlWaddi Holdings | 10% owner | BUY | $3.92 | 110,388 | $433,229 | 18,094,972 |
| 2024-08-16 00:30 | 2024-08-13 | MORN | Morningstar, Inc. | Mansueto Joseph D | Director, Officer, 10% owner | SELL | $309.66 | 10,756 | $3,330,749 | 10,599,799 |
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.