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Soros Bets Big on AI

Every weekend, I dig into our insider activity tracker looking for the biggest conviction buys — and this week, there’s a mix of biotech, asset management, industrials, and political filings making headlines.

Here’s the most notable activity:

Leading the way, MBX Biosciences $MBX grabbed attention with a massive $12 million insider buy by director Patrick J. Heron. 

That’s one of the largest single purchases we’ve seen this week and a clear sign of confidence from the top.

In asset management, Prospect Capital $PSEC saw both the CEO and COO step in with a combined $3.5 million in shares. 

When top executives put their money where their mouth is, it’s always worth noting.

Over in industrials, Kodiak AI $KDK caught our eye as Soros Fund Management disclosed a 5.70% stake.

Guidewire Software $GWRE also showed institutional conviction, with Linonia Partnership reporting a 5.00% stake.

And finally, political filings continue to stand out. Rep. Cleo Fields made notable purchases in both Amazon $AMZN and Apple $AAPL. 

While he’s bought other big names, these two stand out this week because of the size of the purchases — $165K–$400K in Amazon and $150K–$350K in Apple.

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Happy Sunday.

 

Steve