Real Estate
Standard Industrial Classification: SIC 6500
Industry Insider Sentiment Analysis
The Real Estate sector (SIC 6500) 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2017-12-15 02:02 | 2017-12-12 | SRG | Seritage Growth Properties | BERKOWITZ BRUCE R | 10% owner | SELL | $40.71 | 772,200 | $31,435,490 | 3,273,398 |
| 2017-12-15 02:48 | 2017-12-12 | CBG | CBRE GROUP, INC. | KIRK J. CHRISTOPHER | Officer | SELL | $43.32 | 20,000 | $866,400 | 118,162 |
| 2017-12-14 01:01 | 2017-12-11 | CBG | CBRE GROUP, INC. | MALEK FREDERIC V | Director | SELL | $43.28 | 6,900 | $298,644 | 0 |
| 2017-12-12 01:42 | 2017-12-07 | SRG | Seritage Growth Properties | BERKOWITZ BRUCE R | 10% owner | SELL | $40.36 | 106,900 | $4,314,131 | 3,315,398 |
| 2017-12-07 03:04 | 2017-12-06 | SRG | Seritage Growth Properties | BERKOWITZ BRUCE R | 10% owner | SELL | $40.04 | 18,600 | $744,744 | 3,600,050 |
| 2017-12-02 01:34 | 2017-12-01 | KW | Kennedy-Wilson Holdings, Inc. | MCMORROW WILLIAM J | Director, Officer | BUY | $19.18 | 50,000 | $959,000 | 11,374,053 |
| 2017-12-02 02:24 | 2017-11-30 | CBG | CBRE GROUP, INC. | SULENTIC ROBERT E | Director, Officer | SELL | $43.16 | 45,000 | $1,942,200 | 637,971 |
| 2017-12-01 00:45 | 2017-11-28 | CBG | CBRE GROUP, INC. | ValueAct Holdings, L.P. | Director | SELL | $42.25 | 2,233,351 | $94,359,080 | 24,916,923 |
| 2017-12-01 02:29 | 2017-11-30 | KW | Kennedy-Wilson Holdings, Inc. | ZAX STANLEY R | Director | BUY | $19.18 | 50,000 | $959,000 | 300,300 |
| 2017-11-30 01:03 | 2017-11-27 | CBG | CBRE GROUP, INC. | MALEK FREDERIC V | Director | SELL | $42.65 | 50,000 | $2,132,600 | 168,891 |
| 2017-11-28 03:27 | 2017-11-22 | HPP | Hudson Pacific Properties, Inc. | Shimoda Sanford Dale | Officer | SELL | $35.68 | 2,800 | $99,904 | 83,072 |
| 2017-11-28 02:42 | 2017-11-22 | CBG | CBRE GROUP, INC. | ValueAct Holdings, L.P. | Director | SELL | $42.60 | 846,000 | $36,038,839 | 27,150,274 |
| 2017-11-25 01:08 | 2017-11-21 | CBG | CBRE GROUP, INC. | MALEK FREDERIC V | Director | SELL | $42.87 | 50,000 | $2,143,580 | 218,891 |
| 2017-11-22 01:53 | 2017-11-17 | CBG | CBRE GROUP, INC. | ValueAct Holdings, L.P. | Director | SELL | $42.84 | 882,206 | $37,795,469 | 27,996,274 |
| 2017-11-17 00:33 | 2017-11-15 | BBX-BBXTB | BBX Capital Corp | HOLZMANN OSCAR | Director | SELL | $8.45 | 18,000 | $152,127 | 92,728 |
| 2017-11-17 01:33 | 2017-11-14 | SRG | Seritage Growth Properties | BERKOWITZ BRUCE R | 10% owner | SELL | $40.18 | 120,900 | $4,857,822 | 3,618,650 |
| 2017-11-14 02:53 | 2017-11-13 | SRG | Seritage Growth Properties | BERKOWITZ BRUCE R | 10% owner | SELL | $40.93 | 27,100 | $1,109,203 | 3,739,550 |
| 2017-11-13 22:47 | 2017-11-09 | FRPH | FRP HOLDINGS, INC. | MILTON JOHN D JR | Officer | OPT+S | $44.01 | 623 | $27,416 | 0 |
| 2017-11-14 02:44 | 2017-11-08 | CBG | CBRE GROUP, INC. | Frese Calvin W Jr | Officer | SELL | $41.01 | 20,000 | $820,116 | 201,673 |
| 2017-11-14 02:44 | 2017-11-08 | CBG | CBRE GROUP, INC. | LAFITTE MICHAEL J | Officer | SELL | $41.05 | 30,000 | $1,231,512 | 271,774 |
| 2017-11-14 02:43 | 2017-11-09 | CBG | CBRE GROUP, INC. | Midler Laurence H | Officer | SELL | $40.69 | 7,878 | $320,558 | 82,663 |
| 2017-11-10 00:15 | 2017-11-08 | AHH | Armada Hoffler Properties, Inc. | Haddad Louis S | Director, Officer | BUY | $14.92 | 15,000 | $223,800 | 267,221 |
| 2017-11-09 18:17 | 2017-11-07 | HPP | Hudson Pacific Properties, Inc. | FRIED RICHARD B | 10% owner | SELL | $34.66 | 17,417 | $603,673 | 5,829 |
| 2017-11-10 00:14 | 2017-11-08 | SRG | Seritage Growth Properties | MCCLAIN JOHN | Director | BUY | $40.19 | 350 | $14,065 | 2,050 |
| 2017-11-09 01:21 | 2017-11-07 | TRC | TEJON RANCH CO | STACK GEOFFREY L | Director | BUY | $18.00 | 5,555 | $99,990 | 54,412 |
| 2017-11-08 23:27 | 2017-11-06 | FRPH | FRP HOLDINGS, INC. | MILTON JOHN D JR | Officer | OPT+S | $44.00 | 1,877 | $82,588 | 0 |
| 2017-11-04 00:53 | 2017-11-02 | TRC | TEJON RANCH CO | Rentfro Joseph N | Officer | BUY | $18.00 | 2,393 | $43,074 | 14,362 |
| 2017-11-04 00:46 | 2017-11-02 | TRC | TEJON RANCH CO | McMahon Hugh F. IV | Officer | BUY | $18.00 | 277 | $4,986 | 5,439 |
| 2017-11-04 00:29 | 2017-11-02 | TRC | TEJON RANCH CO | Betts Steven A. | Director | BUY | $18.00 | 2,303 | $41,454 | 15,127 |
| 2017-11-04 00:34 | 2017-11-02 | TRC | TEJON RANCH CO | Bielli Gregory S. | Director, Officer | BUY | $18.00 | 5,600 | $100,800 | 66,721 |
| 2017-11-04 00:39 | 2017-11-02 | TRC | TEJON RANCH CO | Leggio Anthony L. | Director | BUY | $18.00 | 3,753 | $67,554 | 22,525 |
| 2017-11-04 01:06 | 2017-11-02 | TRC | TEJON RANCH CO | TUOMI FREDERICK C | Director | BUY | $18.00 | 1,000 | $18,000 | 16,995 |
| 2017-11-04 00:43 | 2017-11-02 | TRC | TEJON RANCH CO | LYDA ALLEN E | Officer | BUY | $18.00 | 5,000 | $90,000 | 104,977 |
| 2017-11-04 00:50 | 2017-11-02 | TRC | TEJON RANCH CO | METCALFE NORMAN J | Director | BUY | $18.00 | 3,103 | $55,854 | 50,967 |
| 2017-11-04 01:01 | 2017-11-02 | TRC | TEJON RANCH CO | STACK GEOFFREY L | Director | BUY | $18.00 | 4,959 | $89,262 | 53,816 |
| 2017-11-03 16:42 | 2017-10-27 | TRC | TEJON RANCH CO | TISCH DANIEL R | Director, 10% owner | BUY | $18.00 | 1,096,169 | $19,731,042 | 3,672,659 |
| 2017-11-04 00:24 | 2017-11-02 | TRC | TEJON RANCH CO | ALTER ROBERT A | Director | BUY | $18.00 | 4,000 | $72,000 | 24,995 |
| 2017-10-20 23:40 | 2017-10-18 | CBG | CBRE GROUP, INC. | Frese Calvin W Jr | Officer | SELL | $40.04 | 25,000 | $1,001,003 | 221,673 |
| 2017-10-17 03:11 | 2017-10-12 | IIPR | INNOVATIVE INDUSTRIAL PROPERTIES INC | Gold Alan D | Director, Officer | BUY | $25.00 | 80,000 | $2,000,000 | 80,000 |
| 2017-10-17 03:08 | 2017-10-12 | IIPR | INNOVATIVE INDUSTRIAL PROPERTIES INC | Kreitzer Gary A | Director | BUY | $25.00 | 40,000 | $1,000,000 | 40,000 |
| 2017-10-16 21:11 | 2017-10-12 | BBX-BBXTB | BBX Capital Corp | HOLZMANN OSCAR | Director | SELL | $7.34 | 18,000 | $132,093 | 110,728 |
| 2017-10-07 00:14 | 2017-10-05 | CBG | CBRE GROUP, INC. | CONCANNON WILLIAM F | Officer | SELL | $39.02 | 25,000 | $975,493 | 156,669 |
| 2017-09-20 00:04 | 2017-09-15 | CBG | CBRE GROUP, INC. | ValueAct Holdings, L.P. | Director | SELL | $35.90 | 5,500,000 | $197,450,000 | 28,878,480 |
| 2017-09-19 01:07 | 2017-09-15 | BBX-BBXTB | BBX Capital Corp | HOLZMANN OSCAR | Director | SELL | $7.37 | 18,000 | $132,579 | 128,728 |
| 2017-09-15 21:38 | 2017-09-14 | FRPH | FRP HOLDINGS, INC. | MILTON JOHN D JR | Officer | OPT+S | $45.73 | 2,000 | $91,456 | 0 |
| 2017-09-12 23:42 | 2017-09-08 | CBG | CBRE GROUP, INC. | Midler Laurence H | Officer | SELL | $36.00 | 3,139 | $113,005 | 90,541 |
| 2017-08-31 00:31 | 2017-08-30 | TRC | TEJON RANCH CO | ATKINSON DENNIS | SELL | $19.83 | 3,000 | $59,488 | 46,266 | |
| 2017-08-24 18:30 | 2017-08-22 | IIPR | INNOVATIVE INDUSTRIAL PROPERTIES INC | Gold Alan D | Director, Officer | BUY | $16.57 | 200 | $3,314 | 281,964 |
| 2017-08-25 00:07 | 2017-08-22 | CBG | CBRE GROUP, INC. | LAFITTE MICHAEL J | Officer | SELL | $35.71 | 27,775 | $991,734 | 308,567 |
| 2017-08-22 00:21 | 2017-08-18 | IIPR | INNOVATIVE INDUSTRIAL PROPERTIES INC | Gold Alan D | Director, Officer | BUY | $16.78 | 700 | $11,747 | 281,764 |
Sector-Wide Insider Alpha
Analyzing insider movements across the Real Estate sector provides a macro-view of executive conviction. When multiple leaders in different companies within the same SIC code (6500) simultaneously buy shares, it often indicates an industry-wide undervaluation or a positive shift in market cycles.
SEC Filings in Real Estate
Every transaction in the Real Estate 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.