Why insider trading matters?

If management teams do not own any relevant stakes in the companies they guide, they may not be focused on creating wealth for shareholders to the same degree, compared to those that see their personal wealth increase when share prices rise.

- Klaus Gugler, Economist

Top Funds Portfolio

JOHO CAPITAL LLC
Robert Karr - 2020Q4
Miura Global Management, LLC
Pasco Alfaro - 2021Q1
Giverny Capital Inc.
Jean-Philippe Bouchard - 2020Q4
Moab Capital Partners LLC
Michael M. Rothenberg, David Sackler - 2020Q4
Point72 Asset Management, L.P.
Steve Cohen - 2020Q4

Last 7 Days

Most actively traded:
TOST (4 times) PRG (4 times) FSLR (3 times) GEL (3 times) MLVF (3 times) KLAC (3 times) NBRV (3 times) NTGR (3 times) ATEN (2 times) WEX (2 times)
Most bought by #shares:
FLDM (921.6K) VNRX (312.5K) GIM (303.7K) PRG (68.7K) GEL (50K) CNDT (47.7K) ARCC (25K) RSCF (25K) ACCD (17.5K) EIG (13K) GLDD (10K) GHM (7.5K) VIRT (4K) TCBI (2.8K) BOOT (2.5K)
Most bought by value:
FLDM ($1.5M) GIM ($1.4M) PRG ($1.3M) VNRX ($625K) ARCC ($494.2K) EIG ($491.5K) GEL ($486K) CNDT ($201.6K) ACCD ($176.5K) BOOT ($152K) TCBI ($145.9K) MKL ($100.5K) CINF ($99.2K) GLDD ($96.5K) VIRT ($93.8K)
Most sold by #shares:
SQSP (483.2K) ATACU (376.5K) FWAA (222.2K) FTCI (184K) PSTX (160.7K) PTC (116K) OCFC (60K) DFNS (51.1K) SEMR (49.8K) INBX (40K)
Most sold by value:
PTC ($14.1M) SQSP ($10.5M) LH ($8.2M) MMM ($5.6M) WST ($5M) ATACU ($4.3M) GOOG ($4.1M) MTD ($2.8M) COF ($2.7M) CMG ($1.6M)

Last 15 Days

Most actively traded:
MPB (12 times) ED (10 times) AXGN (10 times) FFBC (7 times) AIRT (6 times) FCBP (6 times) FRAF (5 times) GSHD (5 times) KFS (5 times) vflex (5 times)
Most bought by #shares:
HOFV (10.8M) DNMR (10M) PDLI (6.9M) BFGC (6M) GRTS (1.3M) WISH (1.2M) ODT (803K) ROOT (754.0K) REI (619.9K) GIM (570.8K) NJMC (525K) TCON (521.3K) PER (518.2K) CQP (289.8K) SPLP (216.0K)
Most bought by value:
DNMR ($98M) PDLI ($17.5M) HOFV ($15.1M) ODT ($13.8M) ROOT ($12.5M) CQP ($10.0M) TCON ($5.0M) GRTS ($5M) GIM ($3.1M) AIRT ($2.9M) EFT ($2.2M) SPLP ($2.0M) BFGC ($1M) VTA ($1M) FSLF ($424.9K)
Most sold by #shares:
WMT (6M) IMMR (2.7M) WIA (2M) OPCH (2M) STX (1.4M) ACAMU (1M) GTE (1.0M) AKUS (940K) SOL (586.9K) FKWL (550K)
Most sold by value:
WMT ($865.6M) STX ($86.6M) FB ($41.0M) CVNA ($29.6M) BAND ($28.4M) WIA ($27.2M) OPCH ($27M) IMMR ($26.5M) ZM ($24.9M) NKE ($21.2M)

Last 30 Days

Most actively traded:
CVNA (26 times) IBKR (19 times) GSHD (19 times) AXGN (17 times) FB (17 times) RUN (16 times) GBDC (14 times) KFS (13 times) GWRE (13 times) WMT (13 times)
Most bought by #shares:
LXRX (22M) PDLI (11.2M) HOFV (10.8M) DNMR (10M) BFGC (6M) UEPS (3.2M) ABCL (3.1M) GIM (2.9M) BCAB (2.2M) OPES (2.0M) TRCH (1.6M) FDMT (2M) GRTS (1.3M) GME (1.2M) WISH (1.2M)
Most bought by value:
DNMR ($98M) LXRX ($70M) ABCL ($62.4M) BCAB ($39M) FDMT ($37M) PDLI ($28.5M) OPES ($20.0M) GME ($19.0M) EGLE ($19.0M) ODT ($18M) GIM ($15.9M) MASS ($16M) HOFV ($15.1M) ROOT ($12.5M) EFT ($12.0M)
Most sold by #shares:
VNTR (42.4M) FISV (40M) OPCH (32M) EAF (27.2M) LPRO (20.5M) WMT (19.1M) CERT (14.1M) MMNFF (12.2M) ASRT (11.3M) AMC (9.3M)
Most sold by value:
FISV ($4.4B) WMT ($2.8B) HGEN ($2.5B) LPRO ($551.3M) OPCH ($477M) RPRX ($320.7M) CERT ($305.2M) NOVA ($244.8M) EAF ($243.9M) MVF ($244M)

Last 90 Days

Most actively traded:
GSHD (80 times) CVNA (74 times) IBKR (61 times) FB (60 times) GBDC (56 times) RCG (52 times) PGNY (48 times) MRNA (45 times) AMRC (43 times) LEVI (42 times)
Most bought by #shares:
RGLS (44M) ARYBU (25.4M) VRUS (25.1M) LXRX (22M) BSPK (20M) SMMT (14.0M) HOFV (11.1M) PDLI (10.8M) MCOA (9.9M) DNMR (10M)
Most bought by value:
SOBR ($4.8T) TLSRP ($2.3T) BSTC ($650.0M) ARYBU ($253.8M) KOD ($165.0M) DNMR ($98M) FL ($81M) DASH ($76.5M) LXRX ($70M) SAFE ($65M)
Most sold by #shares:
KDP (80M) EAF (71.7M) ELAN (54M) JRO (45M) VNTR (42.4M) FBC (41M) FISV (40.4M) JFR (37M) AVTR (37M) ARRY (36.2M)
Most sold by value:
PINS ($9B) JRO ($4B) FISV ($4.4B) WMT ($3.9B) TW ($3.9B) JFR ($4B) AMZN ($3.1B) HGEN ($2.5B) KDP ($2.3B) SYNH ($1.9B)

Insider Smart

Delta Airlines (DAL) - From an insider's perspective: airlines are the first ones to go under due to the pandemic. A lot of concerns were raised on possible bankruptcy especially amid by the dump from Buffett. However, insiders of Delta were bold enough to buy when Buffett was fear. And Delta is the only airline bought by insiders post-Buffett-dump.

Insider Smart

Planet Fitness, Inc (PLNT) - Our position in PLNT is also inspired by insider trading, if insiders are comfortable and confident buying around $50, it is an easy hold if you can pick it up at an even lower price. Our avg cost of the position is ~$40 and is now with 50% profit.