Ronald e. Toupin Jr.

Ronald e. Toupin Jr., listed as board member, has filed trades across 10 companies (mainly through SEC (Form 4)), most often in Guggenheim Active Allocation Fund, Guggenheim Strategic Opportunities Fund and Fiduciary/Claymore MLP Opportunity Fund. We count 66 filings; the first trade dates from 8 January 2016 and the latest from 1 April 2025.

Market trades split into 62 purchases (€315k) and 3 sales (€95k). The net balance comes to €220k on the buying side. Unlike grants, an open-market purchase is paid for by the insider, at the market price. 2025 to date brings 1 purchase and no sales.

In size, the median ticket on the buying side is €2,648. Clusters matter here: 16 out of 46 purchases overlapped with buying by a colleague within 30 days. A cluster is several different insiders buying the same stock within a short window, a pattern studied more closely than a single purchase. After 28 purchases with a full 90-day history, the hit rate stands at 68% and the median 90-day move at +1.2%. Past outcomes like these are no guarantee of what comes next.

Most recently, on 1 April 2025, the filings show an open-market purchase worth €21k in Guggenheim Active Allocation Fund. Most trades are made public on the day they happen. The legal deadline for a Form 4 is two business days after the transaction. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.