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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, %
2016-09-14 01:05 2016-09-09 SGEN N/A BAKER FELIX Director, 10% owner Other BUY $50.71 447,311 $22,682,917 39,432,496 +1.1%
2016-09-12 23:23 2016-09-08 QSR Restaurant Brands International Inc. Thompson Motta Roberto Moses Director Retail-Eating Places BUY $46.98 22,000 $1,033,560 22,000 +100.0%
2016-09-12 22:34 2016-09-09 PBF PBF Energy Inc. Nimbley Thomas J. Director, Officer - Chief Executive Officer Petroleum Refining BUY $21.84 50,000 $1,092,000 160,000 +45.5%
2016-09-13 00:05 2016-09-09 AAT American Assets Trust, Inc. RADY ERNEST S Director, Officer, 10% owner - Chairman, CEO & President Real Estate Investment Trusts BUY $43.06 65,000 $2,798,751 624,572 +11.6%
2016-09-12 23:04 2016-09-08 PAG PENSKE AUTOMOTIVE GROUP, INC. PENSKE ROGER S Director, Officer, 10% owner - Chairman & CEO Retail-Auto Dealers & Gasoline Stations BUY $48.07 327,602 $15,748,025 32,584,940 +1.0%
2016-09-12 23:03 2016-09-08 PAG PENSKE AUTOMOTIVE GROUP, INC. PENSKE CORP 10% owner Retail-Auto Dealers & Gasoline Stations BUY $48.07 327,602 $15,748,025 32,584,940 +1.0%
2016-09-09 21:30 2016-03-01 N/A N/A KKR Credit Advisors (US) LLC 10% owner, Other Other BUY $9.00 277,778 $2,500,000 277,889 +250,002.5%
2016-09-09 23:25 2016-09-02 BBRG N/A TAC Capital LLC 10% owner Other BUY $4.96 300,052 $1,489,308 1,939,450 +18.3%
2016-09-10 00:33 2016-09-08 WNRL N/A Stevens Jeff A Director, Officer - President and CEO Other BUY $22.32 134,408 $2,999,987 410,691 +48.6%
2016-09-10 00:34 2016-09-08 WNRL N/A Foster Paul L Director Other BUY $22.32 268,817 $5,999,995 799,380 +50.7%
2016-09-09 23:09 2016-09-07 KYE N/A Voya Financial, Inc. 10% owner Other BUY $20,000,000.00 800,000 $16,000,000,000,000 800,000 +100.0%
2016-09-09 17:57 2016-09-06 GGO-GGO-A N/A GABELLI MARIO J Director, 10% owner, Other Other BUY $24.25 709,268 $17,199,749 30,927 +100.0%
2016-09-09 23:38 2016-09-07 SCOR COMSCORE, INC. WPP plc 10% owner Services-Business Services, NEC BUY $30.80 114,668 $3,531,729 11,289,364 +1.0%
2016-09-09 19:49 2016-09-07 CRIS CURIS INC Aurigene Discovery Technologies Ltd 10% owner Biological Products, (No Diagnostic Substances) BUY $2.40 10,208,333 $24,499,999 27,328,464 +59.6%
2016-09-09 00:24 2016-09-07 ULTA Ulta Beauty, Inc. Eck Dennis K Director Retail-Retail Stores, NEC BUY $246.97 11,000 $2,716,670 498,530 +2.3%
2016-09-09 01:38 2016-09-06 OCIP N/A Sawiris Nassef Director, Other Other BUY $6.04 198,500 $1,199,575 687,058 +40.6%
2016-09-08 23:07 2016-09-07 ASB Associated Banc-Corp JEFFE ROBERT A Director State Commercial Banks BUY $25.00 60,000 $1,500,000 60,000 +100.0%
2016-09-08 23:06 2016-09-07 ASB Associated Banc-Corp BERGSTROM JOHN F Director State Commercial Banks BUY $25.00 40,000 $1,000,000 40,000 +100.0%
2016-09-09 00:39 2016-09-06 SGEN N/A BAKER FELIX Director, 10% owner Other BUY $48.43 414,016 $20,049,760 39,030,368 +1.1%
2016-09-08 01:19 2016-09-01 DVMT Dell Technologies Inc. DELL MICHAEL S Director, Officer - Chief Executive Officer Electronic Computers BUY $27.50 836,364 $23,000,010 261,355,504 +0.3%
2016-09-08 00:16 2016-08-29 WAIR N/A Bancroft Thomas Director Other BUY $13.85 150,000 $2,078,070 8,175,308 +1.9%
2016-09-08 00:22 2016-09-07 SQNM N/A LABORATORY CORP OF AMERICA HOLDINGS 10% owner Other BUY $2.40 36,649,440 $87,958,656 119,551,297 +44.2%
2016-09-07 23:54 2016-09-02 PAG PENSKE AUTOMOTIVE GROUP, INC. PENSKE ROGER S Director, Officer, 10% owner - Chairman & CEO Retail-Auto Dealers & Gasoline Stations BUY $46.95 225,000 $10,564,763 32,257,338 +0.7%
2016-09-07 23:53 2016-09-02 PAG PENSKE AUTOMOTIVE GROUP, INC. PENSKE CORP 10% owner Retail-Auto Dealers & Gasoline Stations BUY $46.95 225,000 $10,564,763 32,257,338 +0.7%
2016-09-06 23:15 2016-09-01 COCP Cocrystal Pharma, Inc. Schinazi Raymond F Director, 10% owner Pharmaceutical Preparations BUY $0.41 4,878,050 $2,000,001 4,878,050 +100.0%
2016-09-07 03:16 2016-09-01 FSFR N/A TANNENBAUM LEONARD M 10% owner Other BUY $8.91 250,000 $2,227,500 404,728 +161.6%
2016-09-07 03:30 2016-09-01 AAP ADVANCE AUTO PARTS INC Smith Jeffrey C Director Retail-Auto & Home Supply Stores BUY $158.77 70,000 $11,113,613 67,259 +100.0%
2016-09-07 03:03 2016-09-01 PSX Phillips 66 BERKSHIRE HATHAWAY INC 10% owner Petroleum Refining BUY $77.86 82,361 $6,412,767 79,652,008 +0.1%
2016-09-03 00:00 2016-08-31 HLF HERBALIFE LTD. ICAHN CARL C 10% owner Wholesale-Drugs, Proprietaries & Druggists' Sundries BUY $60.39 306,846 $18,530,430 19,611,529 +1.6%
2016-09-01 23:59 2016-08-30 PAG PENSKE AUTOMOTIVE GROUP, INC. PENSKE ROGER S Director, Officer, 10% owner - Chairman & CEO Retail-Auto Dealers & Gasoline Stations BUY $45.24 187,764 $8,494,856 32,032,338 +0.6%
2016-09-01 23:58 2016-08-30 PAG PENSKE AUTOMOTIVE GROUP, INC. PENSKE CORP 10% owner Retail-Auto Dealers & Gasoline Stations BUY $45.24 187,764 $8,494,856 32,032,338 +0.6%
2016-08-31 23:04 2016-08-31 NCLH Norwegian Cruise Line Holdings Ltd. Del Rio Frank J Director, Officer - President & CEO Water Transportation BUY $35.94 83,498 $3,000,718 27,875 +100.0%
2016-09-01 00:12 2016-08-29 MB N/A Abdiel Capital Management, LLC 10% owner Other BUY $17.37 58,776 $1,020,939 3,351,493 +1.8%
2016-09-01 00:25 2016-08-29 AGC N/A MAITLAND TRACY V Director, Officer, Other - Chairman, President & CEO Other BUY $5.85 172,071 $1,006,443 188,071 +1,075.4%
2016-09-01 00:24 2016-08-29 AGC N/A ADVENT CAPITAL MANAGEMENT /DE/ Other Other BUY $5.85 172,071 $1,006,443 172,071 +100.0%
2016-09-01 01:10 2016-08-30 COTY COTY INC. JAB Cosmetics B.V. 10% owner Perfumes, Cosmetics & Other Toilet Preparations BUY $27.22 350,000 $9,526,090 9,055,671 +4.0%
2016-08-30 21:59 2016-03-01 N/A N/A CNL Fund Advisors II, LLC 10% owner, Other Other BUY $9.00 255,556 $2,300,000 277,889 +1,144.3%
2016-08-31 01:28 2016-08-26 JONE N/A JVL Advisors, L.L.C. 10% owner Other BUY $2.77 9,025,270 $24,999,998 15,629,320 +136.7%
2016-08-29 23:18 2016-08-25 DM N/A DOMINION RESOURCES INC /VA/ Director, 10% owner Other BUY $25.17 54,337 $1,367,787 50,363,255 +0.1%
2016-08-29 23:44 2016-08-25 SRG Seritage Growth Properties BERKOWITZ BRUCE R 10% owner Real Estate BUY $45.15 24,700 $1,115,163 3,478,550 +0.7%
2016-08-29 23:44 2016-08-29 CWEI N/A ARES MANAGEMENT LLC Director, 10% owner Other BUY $29.70 5,051,100 $149,999,991 6,093,505 +484.6%
2016-08-29 23:35 2016-08-25 CAVM N/A CHADWICK ARTHUR D Officer - VP Finance & Admin CFO Other BUY $55.33 20,000 $1,106,600 122,845 +19.4%
2016-08-30 02:37 2016-08-25 SCOR COMSCORE, INC. WPP plc 10% owner Services-Business Services, NEC BUY $29.58 60,000 $1,774,530 11,174,696 +0.5%
2016-08-30 03:01 2016-08-25 PSX Phillips 66 BERKSHIRE HATHAWAY INC 10% owner Petroleum Refining BUY $78.29 83,466 $6,534,370 79,569,647 +0.1%
2016-08-30 01:04 2016-08-25 COTY COTY INC. JAB Cosmetics B.V. 10% owner Perfumes, Cosmetics & Other Toilet Preparations BUY $27.66 525,000 $14,523,285 8,705,671 +6.4%
2016-08-29 23:52 2016-08-25 PAG PENSKE AUTOMOTIVE GROUP, INC. PENSKE ROGER S Director, Officer, 10% owner - Chairman & CEO Retail-Auto Dealers & Gasoline Stations BUY $44.21 478,000 $21,134,101 31,844,574 +1.5%
2016-08-29 23:51 2016-08-25 PAG PENSKE AUTOMOTIVE GROUP, INC. PENSKE CORP 10% owner Retail-Auto Dealers & Gasoline Stations BUY $44.21 478,000 $21,134,101 31,844,574 +1.5%
2016-08-27 00:42 2016-08-26 HLF HERBALIFE LTD. ICAHN CARL C 10% owner Wholesale-Drugs, Proprietaries & Druggists' Sundries BUY $59.31 2,304,683 $136,690,749 19,304,683 +13.6%
2016-08-25 23:39 2016-08-16 ELRE Yinfu Gold Corp. Hong Zhang Director Miscellaneous Metal Ores BUY $0.20 15,000,000 $3,000,000 15,330,000 +4,545.5%
2016-08-25 23:36 2016-08-16 ELRE Yinfu Gold Corp. Chuen Tsang Yuk Officer - CFO Miscellaneous Metal Ores BUY $0.20 5,000,000 $1,000,000 5,000,000 +100.0%
SHOW ENTRIES

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.