Bluerock Private Real Estate Fund: President adds 25.7% to stake — score 39/100
The President of this real estate fund grew his position by a quarter, joined by one director on a much smaller purchase. Total dollars are modest at $45,852.80.
In this brief: 3 sections 2 min read
• Ruddy Jordan B. (President) — 3,520 shares @ $12.59 avg, $44,316.80, position +25.7%, traded 2026-10-14
• MacDonald Ryan S (Director) — 120 shares @ $12.80 avg, $1,536.00, position +0.3%, traded 2026-10-13
Neither purchase was a new position. Combined: 3,640 shares, $45,852.80.
Seniority carried the score: a sitting President buying earns the full 15 points, and the two-filer cluster takes 15 of the 30 breadth points.
Dollar size is what held it back — $45,852.80 is just above the $25,000 floor and scores only 3.5 of 35 on the log scale. Conviction contributed 5.1 of 20, driven by the President's +25.7% position growth; the director's 120 shares moved it almost not at all. No penalties: no same-day selling and no excluded rows.
• 2026-10-15 is the date these Form 4s were filed. The purchases themselves were executed 2026-10-13 and 2026-10-14.
• The score describes what insiders reported and how the rubric weighted it (insider-conviction/v1). It is not a view on the security and not investment advice.
• Day was not capped: 303 Form 4s reviewed, 32 looked like open-market purchases, 2 issuers reached cluster candidacy, 1 qualified.