Fund Manager Insider Trades
| Stock 25 | Fund Manager | Type Purchase (buy) or Sale (sell) | Shares Number of shares traded | Price Price per share at time of transaction | Value Total dollar value of the transaction | Trade Date Date the transaction was executed | Filing Date Date the SEC filing was submitted |
|---|---|---|---|---|---|---|---|
| | COOPERMAN LEON G | Buy | 28 | $16.10 | $450.8 | 13 Mar 2026 | 13 Mar 2026 |
| | Marks Howard EdwardChief Executive Officer | Sale | 2,572 | — | — | 12 Mar 2026 | 12 Mar 2026 |
| | Marks Howard EdwardChief Executive Officer | Sale | 17,935 | $1.60 | $28.70K | 12 Mar 2026 | 12 Mar 2026 |
| | Marks Howard EdwardChief Executive Officer | Sale | 27,108 | — | — | 12 Mar 2026 | 12 Mar 2026 |
| | Marks Howard EdwardChief Executive Officer | Sale | 189,035 | $1.60 | $302.46K | 12 Mar 2026 | 12 Mar 2026 |
| | ICAHN CARL C | Buy | 275,012 | $21.41 | $5.89M | 24 Feb 2026 | 24 Feb 2026 |
| | ICAHN CARL C | Buy | 244,940 | $20.75 | $5.08M | 23 Feb 2026 | 24 Feb 2026 |
| | ICAHN CARL C | Buy | 263,452 | $20.78 | $5.47M | 20 Feb 2026 | 24 Feb 2026 |
| | Marks Howard EdwardChief Executive Officer | Sale | 64,040 | $1.60 | $102.46K | 31 Dec 2025 | 05 Jan 2026 |
| | Marks Howard EdwardChief Executive Officer | Sale | 764 | — | — | 31 Dec 2025 | 05 Jan 2026 |
| | Marks Howard EdwardChief Executive Officer | Sale | 6,077 | $1.60 | $9.72K | 31 Dec 2025 | 05 Jan 2026 |
| | Marks Howard EdwardChief Executive Officer | Sale | 8,050 | — | — | 31 Dec 2025 | 05 Jan 2026 |
| | Howard Edward MarksChief Executive Officer | Sale | 764 | — | — | 31 Dec 2025 | 05 Jan 2026 |
| | Howard Edward MarksChief Executive Officer | Sale | 6,077 | $1.60 | $9.72K | 31 Dec 2025 | 05 Jan 2026 |
| | Howard Edward MarksChief Executive Officer | Sale | 8,050 | — | — | 31 Dec 2025 | 05 Jan 2026 |
| | Howard Edward MarksChief Executive Officer | Sale | 64,040 | $1.60 | $102.46K | 31 Dec 2025 | 05 Jan 2026 |
| | ICAHN CARL C | Buy | 3,488,372 | $21.50 | $75.00M | 14 Nov 2025 | 14 Nov 2025 |
| | Marks Howard EdwardChief Executive Officer | Sale | 727 | — | — | 07 Nov 2025 | 12 Nov 2025 |
| | Marks Howard EdwardChief Executive Officer | Sale | 7,660 | — | — | 07 Nov 2025 | 12 Nov 2025 |
| | Marks Howard EdwardChief Executive Officer | Sale | 52,151 | $1.60 | $83.44K | 07 Nov 2025 | 12 Nov 2025 |
| | ICAHN CARL C | Buy | 101,422 | $17.48 | $1.77M | 07 Nov 2025 | 07 Nov 2025 |
| | Marks Howard EdwardChief Executive Officer | Sale | 4,949 | $1.60 | $7.92K | 07 Nov 2025 | 12 Nov 2025 |
| | ICAHN CARL C | Buy | 428,967 | $17.40 | $7.46M | 06 Nov 2025 | 07 Nov 2025 |
| | ICAHN CARL C | Buy | 108,270 | $17.23 | $1.87M | 05 Nov 2025 | 07 Nov 2025 |
| | ICAHN CARL C | Buy | 639,473 | $15.19 | $9.71M | 04 Nov 2025 | 05 Nov 2025 |
Frequently Asked Questions
What are fund manager insider trades?
Fund manager insider trades are Form 4 filings made by hedge fund managers who are also corporate insiders (board members or 10%+ shareholders). We track 25 such transactions, which provide unique insight into manager conviction.
How do fund manager trades differ from regular insider trades?
Regular insider trades come from corporate executives and directors. Fund manager trades come from hedge fund managers who sit on company boards or own 10%+ of shares. The 25 fund manager trades shown here carry additional signal from professional stock pickers.
How can I use fund manager insider trades for research?
Cross-reference these 25 insider trades with the manager's 13F portfolio. If a manager is both increasing their fund's position (13F) and buying personally (Form 4), it suggests very high conviction in that stock.
What time period do these fund manager trades cover?
The table shows fund manager insider trades from the most recent 6 months, totaling 25 transactions. For longer historical data, visit individual fund manager profiles or stock pages.
Why are fund manager insider trades significant?
When a hedge fund manager who already has a large 13F position also makes personal insider trades, it signals strong conviction. These 25 transactions represent double exposure, meaning the manager is betting both the fund's capital and personal capital.
Which fund managers are most active in insider trading in 2026?
The table above shows 25 insider trades by tracked fund managers, sorted by date. Activist investors tend to be the most active insider traders, as they often take board seats and large ownership stakes.
Are fund manager purchases more predictive than regular insider purchases?
Some research suggests that informed investors' purchases carry stronger signals. Fund managers are professional stock analysts, so their personal purchases from these 25 transactions may reflect deeper fundamental analysis than typical insider buys.
How do I find out if a fund manager is also a corporate insider?
Fund managers become insiders when they join a company's board of directors or accumulate 10%+ of shares. Our 25 tracked fund manager trades automatically link to the relevant hedge fund profiles for easy cross-referencing.