CD&R Reports a $100 Million $REZI Buy

Every day, we sift through the filings to spot where the real conviction lies – cutting through the noise to highlight the most meaningful insider moves.

Here's what stood out today:

📌 Resideo Technologies $REZI – CD&R Investment Associates just filed a massive $100 million Form 4.

This is a private equity-sized bet – more than just noise in the industrial distribution space.

📌 Selective Insurance $SIGI – Chief Investment Officer Joseph Eppers and Director Terrence Cavanaugh stepped in with $259,000 in combined open-market buys.

We don’t see many insurance insiders buying right now, so this one stands out.

Here’s The Hot Corner, with data from July 25, 2025:

Click the table to enlarge it.

📌 NovaGold $NG – Kopernik Global Investors upped its stake from 5.56% to 7.40% via a 13G.

It’s a quiet but notable vote of confidence in the gold miners as the yellow metal sets up for another breakout. 

📌 White Mountains $WTM, Markel $MKL, and Loews $L – Rep. James French Hill loaded up on P&C insurance names, with new buys ranging from $15,000 to $150,000.

No timing edge here, but the sector exposure is clear.