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buyModerate

Stephen Lane Nesbitt bought $13M of CELFX

President at Cliffwater Enhanced Lending Fund. 1,207,591 shares at an average of $10.82, traded Nov 22, 2023, filed Nov 24, 2023.

Conviction score
55
Value
$13M
1,207,591 shares
Holdings after
2,708,759
+80% from before
From 52-week low
+11%
low $7.23, close $8.04
From 52-week high
0%
high $8.04, as of Nov 22, 2023

Score components

  • Role
    President
    +20
  • Trade size
    $13.1M at market
    +25
  • Relative to holdings
    Holdings up 80%
    +10
  • Price context
    Mid range
    0
  • Cluster
    No other insider buying within 14 days
    0
  • Repeat buying
    3 buys in 90 days
    +5
  • Track record
    Median 6-month excess return -8% over 8 past buys
    -5

What happened after comparable buys

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

CELFXOct 12, 2026 · close 10.74
Since filing Nov 24, 2023: +33.5%SPY +77.2% · excess -43.7%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001104659-23-121025, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Nov 22, 2023POpen-market purchase
Class I Sharesindirect: By the Nesbitt Family Trust of 1995
+1,207,591$10.82$13M2,708,759Nov 24, 2023

Related signals

Other insiders at Cliffwater Enhanced Lending Fund and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
42Moderate
Cliffwater Enhanced Lending Fund
Matthew Eugene Worley
director
$600k
54,645 shares
-
63Notable
Cliffwater Enhanced Lending Fund
Stephen Lane Nesbitt
President/Interested Trustee
$3.5M
321,691 shares
+9%
65Notable
Cliffwater Enhanced Lending Fund
Stephen Lane Nesbitt
President/Interested Trustee
$21M
1,948,811 shares
+99%
41Moderate
Cliffwater Enhanced Lending Fund
Dominic Jerome Garcia
director
$500k
45,413 shares
-
55Moderate
Cliffwater Enhanced Lending Fund
Stephen Lane Nesbitt
President
$4.0M
371,747 shares
+66%
48Moderate
Cliffwater Enhanced Lending Fund
Stephen Lane Nesbitt
President
$3.8M
348,837 shares
-

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Stephen Lane Nesbitt bought $13M of CELFX | InsiderTell