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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-11-01 01:24 | 2023-10-30 | EMO | ClearBridge Energy Midstream Opportunity Fund Inc. | Saba Capital Management, L.P. | 10% owner | Other | BUY | $31.24 | 100,428 | $3,137,451 | 2,794,917 | +3.7% |
| 2023-11-01 01:21 | 2023-10-30 | ECAT | BlackRock ESG Capital Allocation Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $14.22 | 207,756 | $2,955,101 | 17,783,554 | +1.2% |
| 2023-11-01 01:16 | 2023-10-30 | BMEZ | BlackRock Health Sciences Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $13.04 | 133,497 | $1,741,148 | 11,609,705 | +1.2% |
| 2023-11-01 01:12 | 2023-10-30 | BIGZ | BlackRock Technology & Private Equity Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $6.29 | 1,103,408 | $6,940,878 | 31,187,253 | +3.7% |
| 2023-11-01 01:05 | 2023-10-30 | BCAT | BlackRock Capital Allocation Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $13.85 | 127,968 | $1,772,690 | 11,255,862 | +1.1% |
| 2023-10-30 21:17 | 2023-10-26 | CELFX | N/A | Nesbitt Stephen Lane | Director, Officer, 10% owner - President | Other | BUY | $10.75 | 348,837 | $3,750,000 | 348,837 | +100.0% |
| 2023-10-30 18:09 | 2023-10-26 | ECAT | BlackRock ESG Capital Allocation Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $14.11 | 106,426 | $1,501,671 | 17,575,798 | +0.6% |
| 2023-10-30 18:01 | 2023-10-26 | BMEZ | BlackRock Health Sciences Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $13.26 | 231,587 | $3,071,330 | 11,476,208 | +2.1% |
| 2023-10-30 17:58 | 2023-10-26 | BIGZ | BlackRock Technology & Private Equity Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $6.29 | 768,602 | $4,836,582 | 30,083,845 | +2.6% |
| 2023-10-30 18:05 | 2023-10-26 | CEM | N/A | Saba Capital Management, L.P. | 10% owner | Other | BUY | $34.53 | 68,260 | $2,357,291 | 1,793,202 | +4.0% |
| 2023-10-27 23:42 | 2021-10-13 | LCW | N/A | Howard Alan E | Director, 10% owner | Other | BUY | $10.00 | 770,000 | $7,700,000 | 770,000 | +100.0% |
| 2023-10-27 23:15 | 2023-10-25 | ALGS | Aligos Therapeutics Inc. | Nuechterlein Carole | Director, 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $0.76 | 7,933,601 | $6,004,149 | 11,025,941 | +256.6% |
| 2023-10-27 23:28 | 2023-10-25 | N/A | N/A | Caisse de retraite d'Hydro-Quebec | 10% owner | Other | BUY | $6,875,000.00 | 687,500 | $4,726,562,500,000 | 3,437,500 | +25.0% |
| 2023-10-27 23:44 | 2023-10-25 | HHH | Howard Hughes Holdings Inc. | Pershing Square Capital Management, L.P. | Director, 10% owner | Real Estate Investment Trusts | BUY | $66.88 | 116,070 | $7,762,390 | 17,586,236 | +0.7% |
| 2023-10-27 23:30 | 2023-10-25 | N/A | N/A | New Mountain Guardian Investments IV Unlevered, L.L.C. | 10% owner | Other | BUY | $10.00 | 650,000 | $6,500,000 | 1,900,000 | +52.0% |
| 2023-10-27 04:36 | 2023-10-16 | PRST | N/A | Cleveland Avenue Food & Beverage Fund II, LP | 10% owner | Other | BUY | $2.00 | 1,500,000 | $3,000,000 | 10,000,000 | +17.6% |
| 2023-10-27 04:35 | 2023-05-24 | PRST | N/A | Cleveland Avenue Food & Beverage Fund II, LP | 10% owner | Other | BUY | $2.00 | 1,500,000 | $3,000,000 | 8,500,000 | +21.4% |
| 2023-10-25 23:15 | 2023-10-23 | AMAM | N/A | Cormorant Asset Management, LP | 10% owner | Other | BUY | $6.99 | 1,307,311 | $9,139,542 | 11,231,000 | +13.2% |
| 2023-10-26 00:59 | 2023-10-23 | NTRS | NORTHERN TRUST CORP | O'Grady Michael | Director, Officer - Chairman and CEO | State Commercial Banks | BUY | $65.10 | 20,000 | $1,302,000 | 219,779 | +10.0% |
| 2023-10-26 00:47 | 2023-10-24 | ECAT | BlackRock ESG Capital Allocation Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $14.31 | 120,264 | $1,720,882 | 17,469,372 | +0.7% |
| 2023-10-26 00:41 | 2023-10-24 | BMEZ | BlackRock Health Sciences Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $13.41 | 377,399 | $5,059,826 | 11,244,621 | +3.5% |
| 2023-10-26 00:33 | 2023-10-24 | BIGZ | BlackRock Technology & Private Equity Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $6.62 | 246,939 | $1,635,921 | 29,315,243 | +0.8% |
| 2023-10-25 23:30 | 2023-10-23 | ASAN | Asana Inc. | Moskovitz Dustin A. | Director, Officer, 10% owner - President, CEO, & Chair | Services-Prepackaged Software | BUY | $17.50 | 123,547 | $2,162,073 | 47,661,421 | +0.3% |
| 2023-10-26 02:28 | 2023-10-23 | OXY | OCCIDENTAL PETROLEUM CORP /DE/ | BERKSHIRE HATHAWAY INC | 10% owner | Crude Petroleum & Natural Gas | BUY | $62.83 | 3,921,835 | $246,408,501 | 228,051,027 | +1.7% |
| 2023-10-24 23:52 | 2023-10-20 | HHH | Howard Hughes Holdings Inc. | Pershing Square Capital Management, L.P. | Director, 10% owner | Real Estate Investment Trusts | BUY | $67.11 | 132,320 | $8,879,916 | 17,470,166 | +0.8% |
| 2023-10-24 00:42 | 2023-10-19 | BLFS | BIOLIFE SOLUTIONS INC | Casdin Partners Master Fund, L.P. | 10% owner | Electromedical & Electrotherapeutic Apparatus | BUY | $11.19 | 927,165 | $10,374,976 | 8,557,165 | +12.2% |
| 2023-10-24 00:07 | 2023-10-23 | EMO | ClearBridge Energy Midstream Opportunity Fund Inc. | Saba Capital Management, L.P. | 10% owner | Other | BUY | $31.25 | 34,913 | $1,091,031 | 2,671,444 | +1.3% |
| 2023-10-24 00:05 | 2023-10-20 | ECAT | BlackRock ESG Capital Allocation Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $14.30 | 110,017 | $1,573,441 | 17,349,108 | +0.6% |
| 2023-10-24 00:01 | 2023-10-20 | BIGZ | BlackRock Technology & Private Equity Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $6.63 | 490,741 | $3,251,257 | 29,068,304 | +1.7% |
| 2023-10-23 18:23 | 2023-10-19 | CUK | CARNIVAL PLC | WEISENBURGER RANDALL J | Director | Water Transportation | BUY | $11.50 | 100,000 | $1,150,000 | 378,368 | +35.9% |
| 2023-10-23 18:22 | 2023-10-19 | CCL | CARNIVAL CORP | WEISENBURGER RANDALL J | Director | Water Transportation | BUY | $11.50 | 100,000 | $1,150,000 | 378,368 | +35.9% |
| 2023-10-20 23:02 | 2023-10-18 | DAWN | Day One Biopharmaceuticals, Inc. | AI Day1 LLC | 10% owner | Pharmaceutical Preparations | BUY | $10.15 | 1,475,454 | $14,978,366 | 12,929,322 | +12.9% |
| 2023-10-21 01:27 | 2023-10-18 | FYBR | Frontier Communications Parent, Inc. | ARES MANAGEMENT LLC | 10% owner | Telephone Communications (No Radiotelephone) | BUY | $18.93 | 150,000 | $2,838,930 | 38,912,895 | +0.4% |
| 2023-10-19 23:31 | 2023-10-17 | N/A | N/A | Pensions Caixa 2, Fondo De Pensiones | 10% owner | Other | BUY | $10.00 | 825,000 | $8,250,000 | 545,000 | +100.0% |
| 2023-10-19 22:57 | 2023-10-17 | ACDC | ProFrac Holding Corp. | THRC Holdings, LP | 10% owner | Oil & Gas Field Services, NEC | BUY | $9.09 | 603,478 | $5,485,615 | 72,240,049 | +0.8% |
| 2023-10-20 01:04 | 2023-10-17 | N/A | N/A | Caisse de retraite d'Hydro-Quebec | 10% owner | Other | BUY | $16,500,000.00 | 1,650,000 | $27,225,000,000,000 | 2,750,000 | +150.0% |
| 2023-10-20 00:24 | 2023-10-18 | ECAT | BlackRock ESG Capital Allocation Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $14.45 | 349,447 | $5,050,907 | 17,239,091 | +2.1% |
| 2023-10-20 00:20 | 2023-10-18 | BIGZ | BlackRock Technology & Private Equity Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $6.79 | 575,982 | $3,912,243 | 28,577,563 | +2.1% |
| 2023-10-19 15:56 | 2023-10-17 | N/A | N/A | Golub Lawrence E | Director, Officer, 10% owner - CHAIRMAN | Other | BUY | $15.00 | 466,716 | $7,000,735 | 2,873,493 | +19.4% |
| 2023-10-20 00:14 | 2023-10-17 | N/A | N/A | Golub Lawrence E | Director, Officer - CHAIRMAN | Other | BUY | $15.00 | 75,032 | $1,125,473 | 760,753 | +10.9% |
| 2023-10-19 15:47 | 2023-10-17 | N/A | N/A | Golub Lawrence E | Director, Officer, 10% owner - CHAIRMAN | Other | BUY | $15.00 | 306,032 | $4,590,473 | 6,002,026 | +5.4% |
| 2023-10-19 15:57 | 2023-10-17 | N/A | N/A | Golub David | Director, Officer, 10% owner - President, CEO | Other | BUY | $15.00 | 466,716 | $7,000,735 | 2,873,493 | +19.4% |
| 2023-10-20 00:12 | 2023-10-17 | N/A | N/A | Golub David | Director, Officer - President, CEO | Other | BUY | $15.00 | 75,032 | $1,125,473 | 760,753 | +10.9% |
| 2023-10-19 15:45 | 2023-10-17 | N/A | N/A | Golub David | Director, Officer, 10% owner - President and CEO | Other | BUY | $15.00 | 306,032 | $4,590,473 | 6,002,026 | +5.4% |
| 2023-10-19 23:56 | 2023-10-17 | HHH | Howard Hughes Holdings Inc. | Pershing Square Capital Management, L.P. | Director, 10% owner | Real Estate Investment Trusts | BUY | $68.15 | 120,839 | $8,234,997 | 17,337,846 | +0.7% |
| 2023-10-19 23:30 | 2023-10-17 | N/A | N/A | New Mountain Guardian Investments IV Unlevered, L.L.C. | 10% owner | Other | BUY | $10.00 | 750,000 | $7,500,000 | 1,250,000 | +150.0% |
| 2023-10-19 00:44 | 2023-10-16 | SRRK | Scholar Rock Holding Corp | Samsara BioCapital GP, LLC | 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $6.85 | 2,189,781 | $15,000,000 | 6,788,609 | +47.6% |
| 2023-10-18 22:10 | - | FLCX | N/A | KIFU LLC | Other | Other | BUY | $3.85 | 3,150,000 | $12,127,500 | 3,150,000 | +100.0% |
| 2023-10-18 23:30 | 2023-10-16 | CERE | N/A | Koppel Adam | Director, 10% owner | Other | BUY | $22.81 | 5,480,052 | $124,999,986 | 65,679,781 | +9.1% |
| 2023-10-19 00:01 | 2023-10-16 | ACHR | Archer Aviation Inc. | Stellantis N.V. | 10% owner | Aircraft | BUY | $5.68 | 12,313,234 | $69,999,504 | 31,048,137 | +65.7% |
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.