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 7 most recent| Filed | Filer | Company | Move | New % | Source |
|---|---|---|---|---|---|
| 2026-06-17 2mo ago | 🇩🇪JANUS HENDERSON GROUP LTD | STRATEC SE | disclosed | 3.11% | regulator → |
| 2026-05-20 3mo ago | 🇩🇪JANUS HENDERSON GROUP LTD | SUSS MicroTec SE | disclosed | 5.00% | regulator → |
| 2026-05-04 4mo ago | 🇩🇪JANUS HENDERSON GROUP LTD | Eckert & Ziegler SE | disclosed | 3.01% | regulator → |
| 2025-12-11 8mo ago | 🇩🇪JANUS HENDERSON GROUP LTD | JOST Werke SE | disclosed | 3.55% | regulator → |
| 2025-12-10 8mo ago | 🇩🇪JANUS HENDERSON GROUP LTD | Ströer SE & Co. KGaA | disclosed | 3.02% | regulator → |
| 2025-12-02 9mo ago | 🇩🇪JANUS HENDERSON GROUP LTD | adesso SE | disclosed | 3.02% | regulator → |
| 2025-10-24 10mo ago | 🇩🇪JANUS HENDERSON GROUP LTD | Medios AG | disclosed | 6.39% | 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.