Large Insider Purchases
Institutional-Scale SEC Form 4 Buy Signals
The Signal of $1M+ Conviction
When a corporate executive invests more than $1,000,000 of their own capital into company shares, it represents the highest level of conviction. These seven-figure purchases reflect management's belief in the company's future value.
| Filing Date | Trade Date | Ticker | Company Name | Reporting Person | Relationship | Industry | Type | Price | Qty | Total, $ | Owned After | Change, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020-03-18 20:53 | 2020-03-17 | DX | DYNEX CAPITAL INC | IGDALOFF BARRY | Director | Real Estate Investment Trusts | BUY | $11.56 | 102,363 | $1,183,101 | 1,133 | +100.0% |
| 2020-03-19 00:00 | 2020-03-16 | CLDR | N/A | FENTON PETER H | Director | Other | BUY | $6.95 | 719,000 | $4,998,704 | 799,686 | +891.1% |
| 2020-03-19 04:48 | 2020-03-16 | INFN | N/A | Oaktree Optical Holdings, L.P. | 10% owner | Other | BUY | $4.15 | 3,200,000 | $13,289,280 | 24,175,384 | +15.3% |
| 2020-03-19 01:47 | 2020-03-16 | KOD | Kodiak Sciences Inc. | BAKER BROS. ADVISORS LP | Director, 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $39.29 | 150,000 | $5,893,800 | 10,602,550 | +1.4% |
| 2020-03-19 01:46 | 2020-03-18 | ALXN | N/A | BAKER BROS. ADVISORS LP | Director | Other | BUY | $82.01 | 81,379 | $6,673,932 | 7,841,556 | +1.0% |
| 2020-03-19 01:45 | 2020-03-16 | ALXN | N/A | BAKER BROS. ADVISORS LP | Director | Other | BUY | $78.33 | 418,621 | $32,791,127 | 7,766,918 | +5.7% |
| 2020-03-18 23:34 | 2020-03-16 | CQP | Cheniere Energy Partners, L.P. | Blackstone Group Inc | 10% owner | Natural Gas Distribution | BUY | $25.86 | 946,115 | $24,464,547 | 1,691,160 | +127.0% |
| 2020-03-19 01:47 | 2020-03-16 | ACAD | Acadia Pharmaceuticals Inc. | BAKER BROS. ADVISORS LP | Director, 10% owner | Pharmaceutical Preparations | BUY | $32.05 | 1,050,000 | $33,651,975 | 38,433,977 | +2.8% |
| 2020-03-18 23:24 | 2020-03-17 | AAXN | AXON ENTERPRISE, INC. | Partovi Hadi | Director | Ordnance & Accessories, (No Vehicles/Guided Missiles) | BUY | $55.47 | 20,000 | $1,109,398 | 290,586 | +7.4% |
| 2020-03-18 23:00 | 2020-03-18 | SPG | SIMON PROPERTY GROUP INC. | SIMON HERBERT | Director, Other | Real Estate Investment Trusts | BUY | $52.68 | 188,572 | $9,933,030 | 94,286 | +100.0% |
| 2020-03-19 01:51 | 2020-03-18 | EPD | ENTERPRISE PRODUCTS PARTNERS L.P. | WILLIAMS RANDA DUNCAN | Director, 10% owner | Natural Gas Transmission | BUY | $11.23 | 101,000 | $1,134,705 | 69,000 | +100.0% |
| 2020-03-19 02:04 | 2020-03-18 | STWD | STARWOOD PROPERTY TRUST, INC. | STERNLICHT BARRY S | Director, Officer - CEO, Chairman of Board | Real Estate Investment Trusts | BUY | $9.21 | 218,000 | $2,007,780 | 1,839,658 | +13.4% |
| 2020-03-17 23:26 | 2020-03-16 | N-A | N/A | Manufacturers Life Reinsurance Ltd | 10% owner | Other | BUY | $22.07 | 2,286,443 | $50,457,000 | 30,424,944 | +8.1% |
| 2020-03-17 23:04 | 2020-03-16 | N-A | N/A | Manulife (International) Ltd | 10% owner | Other | BUY | $22.07 | 1,474,088 | $32,530,030 | 19,615,204 | +8.1% |
| 2020-03-17 23:35 | 2020-03-13 | IFF | INTERNATIONAL FLAVORS & FRAGRANCES INC | Winder Investment Pte Ltd | 10% owner | Industrial Organic Chemicals | BUY | $104.41 | 84,364 | $8,808,040 | 23,188,843 | +0.4% |
| 2020-03-18 00:11 | 2020-03-16 | CDLX | Cardlytics, Inc. | SOSIN CLIFFORD | 10% owner | Services-Computer Programming, Data Processing, Etc. | BUY | $42.40 | 190,879 | $8,093,174 | 3,092,450 | +6.6% |
| 2020-03-18 00:09 | 2020-03-16 | HOME | N/A | SOSIN CLIFFORD | 10% owner | Other | BUY | $2.90 | 430,098 | $1,245,306 | 9,915,728 | +4.5% |
| 2020-03-18 02:24 | 2020-03-13 | RESI | N/A | Deer Park Road Management Company, LP | 10% owner | Other | BUY | $9.34 | 217,374 | $2,030,751 | 6,430,784 | +3.5% |
| 2020-03-18 00:50 | 2020-03-13 | QMCO | QUANTUM CORP /DE/ | B. Riley Financial, Inc. | 10% owner | Computer Storage Devices | BUY | $2.51 | 568,916 | $1,429,231 | 7,833,387 | +7.8% |
| 2020-03-18 00:01 | 2020-03-13 | PGRE | Paramount Group, Inc. | Otto-Bernstein Katharina | Director, 10% owner | Real Estate Investment Trusts | BUY | $9.75 | 110,000 | $1,072,500 | 12,274,852 | +0.9% |
| 2020-03-18 01:36 | 2020-03-13 | JYNT | JOINT Corp | Bandera Partners LLC | 10% owner | Patent Owners & Lessors | BUY | $11.32 | 122,687 | $1,389,320 | 1,649,254 | +8.0% |
| 2020-03-18 04:35 | 2020-03-13 | OCUL | OCULAR THERAPEUTIX, INC | SUMMER ROAD LLC | 10% owner | Pharmaceutical Preparations | BUY | $4.55 | 955,062 | $4,346,105 | 4,759,850 | +25.1% |
| 2020-03-17 23:11 | 2020-03-13 | TNET | TRINET GROUP, INC. | AGI-T, L.P. | Director, 10% owner | Services-Business Services, NEC | BUY | $46.63 | 144,500 | $6,738,237 | 3,758,947 | +4.0% |
| 2020-03-18 00:05 | 2020-03-13 | FSLY | Fastly, Inc. | Abdiel Capital Management, LLC | 10% owner | Services-Prepackaged Software | BUY | $14.63 | 100,000 | $1,462,640 | 8,552,987 | +1.2% |
| 2020-03-17 23:03 | 2020-03-13 | CODI | Compass Diversified Holdings | Anholt Investments Ltd. | 10% owner | Household Furniture | BUY | $15.52 | 67,250 | $1,043,996 | 8,432,360 | +0.8% |
| 2020-03-17 23:31 | 2020-03-16 | IMRA | Enliven Therapeutics, Inc. | RA CAPITAL MANAGEMENT, L.P. | 10% owner | Pharmaceutical Preparations | BUY | $16.00 | 625,000 | $10,000,000 | 1,454,348 | +75.4% |
| 2020-03-17 23:52 | 2020-03-13 | PSEC | PROSPECT CAPITAL CORP | Barry John F | Director, Officer, 10% owner - CHIEF EXECUTIVE OFFICER | Other | BUY | $4.92 | 3,252,951 | $16,008,422 | 48,820,528 | +7.1% |
| 2020-03-17 14:46 | 2020-03-16 | WLK | WESTLAKE CORP | TTWFGP LLC | 10% owner | Industrial Organic Chemicals | BUY | $31.42 | 160,000 | $5,027,712 | 46,325,277 | +0.3% |
| 2020-03-18 01:50 | 2020-03-16 | NXRT | NexPoint Residential Trust, Inc. | DONDERO JAMES D | Director, Officer, 10% owner - President | Real Estate Investment Trusts | BUY | $34.67 | 73,100 | $2,534,377 | 194,671 | +60.1% |
| 2020-03-17 20:38 | 2020-03-13 | GLPI | Gaming & Leisure Properties, Inc. | CARLINO PETER M | Director, Officer - Chairman,CEO,President | Real Estate Investment Trusts | BUY | $30.45 | 33,000 | $1,004,850 | 4,844,910 | +0.7% |
| 2020-03-17 23:06 | 2020-03-13 | APAM | Artisan Partners Asset Management Inc. | COXE TENCH | Director | Investment Advice | BUY | $21.02 | 150,000 | $3,153,090 | 50,000 | +100.0% |
| 2020-03-18 01:44 | 2020-03-13 | LGF | STARZ ENTERTAINMENT CORP /CN/ | RACHESKY MARK H MD | Director, 10% owner | Services-Motion Picture & Video Tape Production | BUY | $4.80 | 789,320 | $3,785,658 | 3,060,580 | +34.8% |
| 2020-03-17 13:00 | 2020-03-12 | SFIX | Stitch Fix, Inc. | GURLEY J WILLIAM | Director, 10% owner | Retail-Catalog & Mail-Order Houses | BUY | $12.76 | 250,000 | $3,190,125 | 944,507 | +36.0% |
| 2020-03-18 00:29 | 2020-03-13 | ATEX | Anterix Inc. | Owl Creek Asset Management, L.P. | 10% owner | Telephone Communications (No Radiotelephone) | BUY | $38.82 | 75,200 | $2,919,272 | 5,017,362 | +1.5% |
| 2020-03-17 22:50 | 2020-03-13 | AGRX | N/A | PERCEPTIVE ADVISORS LLC | 10% owner | Other | BUY | $1.75 | 1,000,000 | $1,750,000 | 15,919,925 | +6.7% |
| 2020-03-18 02:34 | 2020-03-13 | MELI | MERCADOLIBRE INC | Malka Meyer | Director | Services-Business Services, NEC | BUY | $522.22 | 5,870 | $3,065,433 | 55,848 | +11.7% |
| 2020-03-18 00:12 | 2020-03-13 | AXS | AXIS CAPITAL HOLDINGS LTD | DAVIS CHARLES A | Director | Fire, Marine & Casualty Insurance | BUY | $39.94 | 501,026 | $20,013,383 | 501,026 | +100.0% |
| 2020-03-18 01:59 | 2020-03-17 | SPG | SIMON PROPERTY GROUP INC. | SIMON DAVID | Director, Officer - CEO/Chairman/President | Real Estate Investment Trusts | BUY | $60.83 | 150,000 | $9,124,050 | 953,924 | +18.7% |
| 2020-03-18 04:30 | 2020-03-13 | XOMA | XOMA Royalty Corp | BVF PARTNERS L P/IL | 10% owner | Pharmaceutical Preparations | BUY | $17.94 | 118,277 | $2,121,653 | 1,265,953 | +10.3% |
| 2020-03-16 23:16 | 2020-03-09 | OSG | N/A | Saltchuk Resources, Inc. | 10% owner | Other | BUY | $2.50 | 2,818,676 | $7,046,690 | 11,435,918 | +32.7% |
| 2020-03-16 17:07 | 2020-03-13 | N-A | N/A | LEGG MASON, INC. | 10% owner, Other | Other | BUY | $10.11 | 1,681,503 | $17,000,000 | 3,887,845 | +76.2% |
| 2020-03-16 23:20 | 2020-03-12 | DSPG | N/A | Paul Cynthia | Director | Other | BUY | $11.99 | 112,643 | $1,351,051 | 302,643 | +59.3% |
| 2020-03-16 23:28 | 2020-03-12 | IFF | INTERNATIONAL FLAVORS & FRAGRANCES INC | Winder Investment Pte Ltd | 10% owner | Industrial Organic Chemicals | BUY | $99.49 | 132,413 | $13,173,849 | 23,104,479 | +0.6% |
| 2020-03-17 00:15 | 2020-03-16 | IMRA | Enliven Therapeutics, Inc. | Agger Mette Kirstine | Director, 10% owner | Pharmaceutical Preparations | BUY | $16.00 | 187,500 | $3,000,000 | 1,432,722 | +15.1% |
| 2020-03-17 00:13 | 2020-03-16 | IMRA | Enliven Therapeutics, Inc. | Chin Mark | Director, 10% owner | Pharmaceutical Preparations | BUY | $16.00 | 187,500 | $3,000,000 | 1,554,558 | +13.7% |
| 2020-03-17 00:04 | 2020-03-16 | IMRA | Enliven Therapeutics, Inc. | Arix Bioscience plc | 10% owner | Pharmaceutical Preparations | BUY | $16.00 | 187,500 | $3,000,000 | 1,554,558 | +13.7% |
| 2020-03-17 02:15 | 2020-03-16 | IMRA | Enliven Therapeutics, Inc. | PFIZER INC | 10% owner | Pharmaceutical Preparations | BUY | $16.00 | 312,500 | $5,000,000 | 1,481,719 | +26.7% |
| 2020-03-16 17:45 | 2020-03-13 | MHK | MOHAWK INDUSTRIES INC | BALCAEN FILIP | Director | Carpets & Rugs | BUY | $93.61 | 52,500 | $4,914,320 | 1,055,751 | +5.2% |
| 2020-03-17 00:00 | 2020-03-13 | MHK | MOHAWK INDUSTRIES INC | BALCAEN FILIP | Director | Carpets & Rugs | BUY | $93.61 | 52,500 | $4,914,320 | 1,160,751 | +4.7% |
| 2020-03-17 00:39 | 2020-03-13 | CDLX | Cardlytics, Inc. | SOSIN CLIFFORD | 10% owner | Services-Computer Programming, Data Processing, Etc. | BUY | $47.36 | 79,861 | $3,782,217 | 2,901,571 | +2.8% |
Institutional Conviction in Form 4
Tracking these institutional-scale purchases allows you to follow the "smart money" when their conviction is highest. When an executive or a 10% beneficial owner commits a seven-figure sum to an open-market transaction, it bypasses the routine noise of stock-based compensation. These trades are often a precursor to major corporate developments or a signal that management views the current market valuation as significantly disconnected from the company’s internal growth trajectory. By monitoring these high-value entries, investors can align their portfolios with the capital of those who possess the most intimate understanding of a business's long-term health and potential.
Filtering the Market Noise
Our platform is designed to eliminate the noise and focus strictly on high-impact accumulation from directors and CEOs betting big on their company’s future. The SEC EDGAR database is frequently flooded with thousands of automated Form 4 filings, many of which involve small, technical, or pre-scheduled trades that offer little predictive value for the average investor. By applying a strict $1,000,000 minimum threshold, we isolate the transactions where insiders are taking substantial personal financial risk. This high-conviction filter serves as a powerful transparency tool, identifying the exact moments when corporate leadership moves away from passive ownership toward aggressive capital deployment.
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.