Sector ownership intelligence

Financials insider conviction

Executive and director activity assessed across 4 companies for breadth, transaction quality, clustering, freshness, and directional conviction.

Market dashboardCompany signalsFiling ledgerData API
43/100

Distribution bias

75/100 confidence
Level
Sector
Evidence window
Latest 90 days
Named insiders
28
Latest evidence
6 Aug 2026

Capital positioning read

Distribution bias

Priced common-share disposals are concentrated enough to warrant review, but they are not treated as a standalone bearish forecast.

Demand a stronger confirmation bar

Evidence in favour

  • 5 distinct acquisition events survive duplicate and security-type controls.
  • Participation spans 28 named insiders rather than one filing source.
  • The latest qualifying evidence is fresh, dated 06 Aug 2026.

Decision risks

  • Qualifying disposal events outnumber acquisitions, although disposals receive a lower directional weight.
Conviction43Distribution bias
Confidence75Well supported
Controlled events20directional common-share events
Company breadth4represented companies
Acquisition value$6.1Mnormalized amount
Disposal value$22.3Mnormalized amount

Flow regime

Twelve-week filing pressure

Shows the cadence and balance of the full filing tape.

025 May
801 Jun
908 Jun
115 Jun
222 Jun
029 Jun
1406 Jul
013 Jul
020 Jul
727 Jul
103 Aug
010 Aug
AcquisitionsDisposalsScore 43 · Confidence 75

Relative positioning

Sector peer map

Current score with confidence.

UtilitiesConviction accumulation6894 confidence Real EstateAccumulation bias6692 confidence Basic MaterialsBalanced insider tape5592 confidence Financial ServicesBalanced insider tape5394 confidence IndustrialsBalanced insider tape4994 confidence EnergyBalanced insider tape4992 confidence Consumer CyclicalBalanced insider tape4594 confidence HealthcareBalanced insider tape4593 confidence Consumer DefensiveDistribution bias4393 confidence Communication ServicesDistribution bias4092 confidence TechnologyConcentrated distribution2696 confidence OtherConcentrated distribution2047 confidence FinancialsConcentrated distribution1465 confidence

Directional balance

Controlled event mix

25.0%acquisition
Acquisition events
5
Disposal events
15
Net value
-$16.1M

Industry architecture

Financials conviction by industry

Activity and normalized value are shown alongside the controlled group read.

Investment Banking & Investment Services2 companies44%acquisition filings · net $-13.9MInsurance1 companies70%acquisition filings · net $-2.3MInvestment Holding Companies1 companies100%acquisition filings · net $25.2K

Evidence quality

What the filings represent

Common equity33
Equity compensation7
Options and derivatives2
Other securities0

Decision makers

Role participation

Director26
Other executive8
CEO and chair6
Finance leadership2

Quality controls

Evidence usability

Normalized values
48%
Priced common share
48%
Named insiders
28
Controlled events
20

Auditable evidence

Latest Financials filings

Showing 1 to 30 of 42.

AFGEAmerican Financial Group, Inc.
WEISS, MARK ASr. VP & General Counsel
DisposalCommon equity
$407.2KDirectional evidence
MGRAffiliated Managers Group, Inc.
CATES, G. STALEYDirector
AcquisitionEquity compensation
Not reportedContext evidence
MGRAffiliated Managers Group, Inc.
ENGEL, MARCYDirector
AcquisitionEquity compensation
Not reportedContext evidence
MGRAffiliated Managers Group, Inc.
FRANQUI, ANNETTEDirector
AcquisitionEquity compensation
Not reportedContext evidence
MGRAffiliated Managers Group, Inc.
MATOS, RODRIGUEZ FELIX V.Director
AcquisitionEquity compensation
Not reportedContext evidence
MGRAffiliated Managers Group, Inc.
PALANDJIAN, TRACY P.Director
AcquisitionEquity compensation
Not reportedContext evidence
MGRAffiliated Managers Group, Inc.
STARR, LOREN MDirector
AcquisitionEquity compensation
Not reportedContext evidence
MGRAffiliated Managers Group, Inc.
STARR, LOREN MDirector
AcquisitionEquity compensation
Not reportedContext evidence
CLBRColombier Acquisition Corp. II
LANGSTON, WILLIEDirector
AcquisitionCommon equity
Not reportedContext evidence
CLBRColombier Acquisition Corp. II
LONG, CAITLINDirector
AcquisitionCommon equity
Not reportedContext evidence
CLBRColombier Acquisition Corp. II
MASTERS, BLAKEDirector
AcquisitionCommon equity
Not reportedContext evidence
CLBRColombier Acquisition Corp. II
PILOT, DAVIS IIIDirector
AcquisitionCommon equity
Not reportedContext evidence
CLBRColombier Acquisition Corp. II
RINN, JAMESDirector, Chief Financial Officer
AcquisitionCommon equity
Not reportedContext evidence
CLBRColombier Acquisition Corp. II
TRUMP, DONALD J. JRDirector
AcquisitionCommon equity
Not reportedContext evidence
HCXYHercules Capital, Inc.
BLUESTEIN, SCOTTDirector, Chief Executive Officer
DisposalCommon equity
$167.1KDirectional evidence
HCXYHercules Capital, Inc.
BLUESTEIN, SCOTTDirector, Chief Executive Officer
DisposalCommon equity
$152.8KDirectional evidence
HCXYHercules Capital, Inc.
MEYER, SETH HPresident
DisposalCommon equity
$54.3KDirectional evidence
HCXYHercules Capital, Inc.
MEYER, SETH HPresident
DisposalCommon equity
$47.2KDirectional evidence
HCXYHercules Capital, Inc.
FOLLMANN, CHRISTIANChief Operating Officer
DisposalCommon equity
$22.5KDirectional evidence
HCXYHercules Capital, Inc.
FOLLMANN, CHRISTIANChief Operating Officer
DisposalCommon equity
$21.4KDirectional evidence
HCXYHercules Capital, Inc.
BOTELHO, KIERSTEN ZAZAChief Legal Officer & CCO
DisposalCommon equity
$16.0KDirectional evidence
HCXYHercules Capital, Inc.
BOTELHO, KIERSTEN ZAZAChief Legal Officer & CCO
DisposalCommon equity
$15.0KDirectional evidence
AFGEAmerican Financial Group, Inc.
GILLIS, MICHELLE ASenior Vice President
DisposalCommon equity
$312.3KDirectional evidence
AFGEAmerican Financial Group, Inc.
THOMPSON, DAVID LAWRENCE JRDirector, President of Subsidiary
DisposalCommon equity
$1.5MDirectional evidence
HCXYHercules Capital, Inc.
BADAVAS, ROBERT PDirector
AcquisitionCommon equity
$60.0KDirectional evidence
MGRAffiliated Managers Group, Inc.
PALANDJIAN, TRACY P.Director
DisposalOptions and derivatives
Not reportedContext evidence
MGRAffiliated Managers Group, Inc.
PALANDJIAN, TRACY P.Director
DisposalCommon equity
$242.9KDirectional evidence
MGRAffiliated Managers Group, Inc.
PALANDJIAN, TRACY P.Director
AcquisitionCommon equity
$242.8KDirectional evidence
HCXYHercules Capital, Inc.
MEYER, SETH HChief Financial Officer
DisposalCommon equity
$77Directional evidence
MGRAffiliated Managers Group, Inc.
HORGEN, JAY C.Director, President and CEO
DisposalOptions and derivatives
Not reportedContext evidence

Group-level method

Breadth before headline value

Company breadth

A sector or industry score must be supported across companies. One very large filing cannot manufacture broad conviction.

Economic duplicates

Matching company, date, side, security class, share count, and value records are consolidated for the directional calculation.

Evidence hierarchy

Priced common-share activity determines direction. Compensation and derivative records are mapped separately so ownership mechanics remain visible.

Positioning use

The score identifies where insider alignment merits research or where disposal concentration needs review. Price, trend, valuation, and portfolio risk still decide positioning.

Independent market research for education. This classification is not investment advice, a recommendation, a forecast, or an execution instruction.

Evidence context