Roman Friedrich III

Roman Friedrich III discloses dealings in 5 companies, chiefly Guggenheim Strategic Opportunities Fund, Guggenheim Credit Allocation Fund and Fiduciary/Claymore MLP Opportunity Fund. In total, 25 filings cover trades dated from 2 December 2005 to 7 May 2019.

On the open market, the record shows 22 purchases worth €156k and 3 sales worth €12k. Purchases outweigh sales by €143k. Buying on the open market means paying the going price with one's own funds, a different act from receiving shares as pay. So far in 2019, the count stands at 4 purchases and no sales.

The median purchase comes to €3,970. Clusters matter here: 2 out of 10 purchases overlapped with buying by a colleague within 30 days. When several insiders buy within a few weeks of each other, analysts speak of a cluster purchase. Looking at 13 purchases old enough to measure, the stock rose over the following 90 days in 54% of cases; the median change was +0.1%. These figures describe past trades and do not predict future prices.

On 8 May 2019 came the latest disclosure, an open-market purchase for €20k in Guggenheim Strategic Opportunities Fund. Typically, a trade is published a median of 4 days after it takes place. For comparison, the SEC allows two business days to file a Form 4. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.