CG Subsidiary Holdings L.L.C. - Insider Trading Tracker

Carlyle Credit Income Fund

US ˙ NYSE

Introduction

This page provides a comprehensive analysis of the known insider trading history of CG Subsidiary Holdings L.L.C.. Insiders are officers, directors, or significant investors in a company. It is illegal for insiders to make trades in their companies based on specific, non-public information. This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4. Despite these restrictions, academic research suggests that insiders - in general - tend to outperform the market in their own companies.

Average Trade Profitability

The average trade profitability is the average return of all the open market purchases made by the insider in the last three years. To calculate this, we examine every open-market, unplanned purchase made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging each of those durations to generate a final performance metric for each trade. Finally, we average all of the performance metrics to calculate a performance metric for the insider. This list only includes insiders that have made at least three trades in the last two years.

If this insiders trade profitability is "N/A", then the insider either has not made any open-market purchases in the last three years, or the trades they’ve made are too recent to calculate a reliable performance metric.

Update Frequency: Daily

See the list of most profitable insider traders.

See Highest Ranking Insiders

Companies with Reported Insider Positions

The SEC filings indicate CG Subsidiary Holdings L.L.C. has reported holdings or trades in the following companies:

Security	Title	Latest Reported Holdings
	10% Owner	152,673,891
US:CSLR / Complete Solaria, Inc.	10% Owner	1,992,427
	10% Owner	0
US:JSPR / Jasper Therapeutics, Inc.	10% Owner	1,066,189
US:SLNO / Soleno Therapeutics, Inc.	10% Owner	1,531,436
US:CCIF / Carlyle Credit Income Fund	10% Owner	4,785,628
US:MKSI / MKS Inc.	10% Owner	6,482,732
US:VERA / Vera Therapeutics, Inc.	10% Owner	2,960,231
US:ZI / ZoomInfo Technologies Inc.		40,307,862
US:EFTR / eFFECTOR Therapeutics, Inc.	10% Owner	4,822,114
US:OCDX / Ortho Clinical Diagnostics Holdings plc	10% Owner	0
US:PPD / PPD Inc	10% Owner	0
US:COR / Cencora, Inc.	10% Owner	4,675,218
US:ONEM / 1life Healthcare Inc	10% Owner	13,612,681
US:WAIR / Wesco Aircraft Holdings Inc.	10% Owner	46,660,368
US:KLDI / KLDiscovery Inc.	10% Owner	39,993,608
US:CHK / Chesapeake Energy Corporation	10% Owner	345,794,774

How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by CG Subsidiary Holdings L.L.C.. Non-planned trade are trades that were not made as part of a 10b5-1 trading plan. The stock performance is charted as cumulative percent change in share price. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security to the present day. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. A change in price from $10 to $20 would be 100%, and a change in price of $10 to $5 would be -50%.

Ultimately, we are trying to determine how closely the insider’s trades correlate to excess returns (positive or negative) in the share price in order to see if the insider is timing their trades to profit from insider information. Consider the situation where an insider was doing this. In this situation, we would expect either (a) positive returns after purchases, or (b) negative returns after sales. In the case of (a), the PURCHASE chart would show a series of upwardly sloping curves, indicating positive returns after each purchase transaction. In the case of (b), the SALE chart would show a series of downward sloping curves, indicating negative returns after each sale transaction.

However, this alone is not enough to draw conclusions. If, for example, the share price of the company was in a non-cyclical climb over many years, then we would expect all the post-purchase plots to be upwardly sloping. Likewise, non-cyclical declines over many years would result in downward sloping post-trade plots. Neither of these charts would suggest insider trading activity.

The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals in the PURCHASE chart and negative plots on the SALE chart. This situation would be highly suggestive of an insider that was timing trades to their financial advantage.

Insider Purchases CCIF / Carlyle Credit Income Fund - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in CCIF / Carlyle Credit Income Fund. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date	Ticker	Insider	Reported Shares	Reported Price	Adjusted Shares	Adjusted Price	Cost Basis	Days to Max	Price at Max	Max Profit ($)	Max Return (%)
2023-09-12	CCIF	CG Subsidiary Holdings L.L.C.	1,269,537	8.5200	1,269,537	8.5200	10,816,455	346	8.7500	291,994	2.70
2023-08-28	CCIF	CG Subsidiary Holdings L.L.C.	3,012,049	8.3000	3,012,049	8.3000	25,000,007
2023-08-28	CCIF	CG Subsidiary Holdings L.L.C.	504,042	8.3000	504,042	8.3000	4,183,549