FEPCF FOUNDERS FUND, L.P. purchased 495.6% of their position (5.21M shares) of FIRST EAGLE PRIVATE CREDIT FUND on the open market
Open‑market purchase worth $126.30M — a major conviction buy. The strongest form of insider conviction signal.
P · 2 purchases
Filed: 10/11/2023ACC: 0001140361-23-047838
10% Owner
Since Jul 2023
+5.21M
Net shares
Net buyer
$126.30M
Total acquired
2
Open market trades
2B · 0S
2
Total transactions
5.21M acquired
Non-Derivative Transactions2
Common Shares of Beneficial Interest
Indirect
Shares
+3.16M
Price / share
$24.14
Trade value
$76.30M
% of position
300.4%
10/6/2023
1.05M→4.21M
Common Shares of Beneficial Interest
Indirect
Shares
+2.05M
Price / share
$24.36
Trade value
$50M
% of position
48.7%
10/6/2023
4.21M→6.27M
Total
Net shares
+5.21M
Net value
$126.30M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Shares of Beneficial Interest Indirect | 10/6/2023 | P · Purchase | +3.16M | $24.14 | $76.30M | 300.4% | 1.05M | 4.21M |
| Common Shares of Beneficial Interest Indirect | 10/6/2023 | P · Purchase | +2.05M | $24.36 | $50M | 48.7% | 4.21M | 6.27M |
| Total | +5.21M | $126.30M | ||||||
Derivative Transactions0
No derivative transactions reported
Non-Derivative Holdings (Post-Transaction)1
Common Shares of Beneficial Interest
IndirectShares owned4K
Total
4K indirect4K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Shares of Beneficial Interest | 4K | Indirect |
| Total | 4K | 4K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported