The whale feed
Who just crossed 5%?
When anyone — family offices, activist funds, sovereign wealth, famous CEOs buying into other companies — crosses a 3–5% voting- rights threshold in an EU or UK listed company, they must disclose it within 2–4 trading days. A different signal from Article 19 PDMR filings — conviction across the table, not inside one.
Matching filings
Showing 9 most recent| Filed | Filer | Company | Move | New % | Source |
|---|---|---|---|---|---|
| 2026-10-16 yesterday | 🇫🇷BlackRock Inc. | VALEO$FR | ↑ crossed above | 5.64% | regulator → |
| 2026-10-15 2d ago | 🇫🇷BlackRock Inc. | VALEO$FR | ↓ crossed below | 5.59% | regulator → |
| 2026-10-13 4d ago | 🇫🇷BlackRock Inc. | VALEO$FR | ↑ crossed above | 5.64% | regulator → |
| 2026-10-12 5d ago | 🇫🇷BlackRock Inc. | IPSEN SA$IPN | ↓ crossed below | 4.97% | regulator → |
| 2026-10-09 1w ago | 🇫🇷BlackRock, Inc. | VEOLIA ENVIRONNEMENT$VIE | ↑ crossed above | 5.03% | regulator → |
| 2026-10-08 1w ago | 🇫🇷BlackRock, Inc. | GAZTRANSPORT ET TECHNIGAZ$GTT | ↓ crossed below | 4.95% | regulator → |
| 2026-10-06 1w ago | 🇫🇷BlackRock, Inc. | GAZTRANSPORT ET TECHNIGAZ$GTT | ↑ crossed above | 5.01% | regulator → |
| 2026-10-02 2w ago | 🇫🇷BlackRock Inc. | ARKEMA$AKE | ↓ crossed below | 5.02% | regulator → |
| 2026-10-02 2w ago | 🇫🇷BlackRock, Inc. | BUREAU VERITAS$BVI | ↓ crossed below | 6.36% | regulator → |
Why this signal matters
A CEO buying €1m of their own stock is confidence. A family office quietly accumulating 5% of a small listed industrial is conviction across the table — and often a leading indicator of an activist campaign, a take-private bid, a sovereign wealth allocation, or a cornerstone investment. Academic literature (Brav, Jiang, Kim 2010 on activism; Bebchuk et al 2013) consistently finds substantial outperformance in the months following 13D / equivalent filings in the US. Europe's Transparency Directive is the European equivalent.