Notice: The Unusual Activity report is provided for informational and educational purposes only and is not intended to be used as a stock-picking service or as financial advice. The charts and accompanying research are designed to support your analysis, serving as indicators rather than direct recommendations to buy or sell any security. The creator assumes no responsibility for actions taken by readers and strongly encourages individuals to fully understand the associated risks and potential outcomes before making investment decisions. Please note that any charts and/or information are intended to aid in research and should not be considered a definitive part of your personal trading strategy. Not all charts will lead to actionable buy or sell signals at any given time. Individuals should consider consulting a qualified financial advisor before making any investment decisions.

Just a friendly reminder: Please pay close attention to the Daily Setups and Workspace scan results for potential future additions to stay ahead of the game.

If you’re facing challenges understanding the Daily Setups or need help crafting a trading strategy, don’t hesitate to ask for assistance. You can contact me via email at info@setyourstop.com or reach me through the Workspace. Let’s schedule a meeting to address your specific requirements and provide you with the guidance you need.

Unusual Activity Report

This daily report focuses on three key components that can lead to market momentum: unusual options activity, insider buying, and institutional sponsorship. By scanning for these signals each day, we uncover potential stock movements driven by notable trades, insider transactions, and institutional investments. Using advanced algorithms and proprietary research methods, we sift through vast amounts of data to identify unique opportunities, offering timely insights highlighting emerging market momentum.

Disclaimer: All data and information presented in this report are sourced from publicly available materials intended for informational purposes only. The content is not a recommendation to buy or sell securities and should not be relied upon as financial advice. Readers are encouraged to conduct their own research before making any investment decisions.

Standout Options Trades

This section highlights notable options trades reflecting significant sentiment—bullish, bearish, or mixed—characterized by high-dollar-value transactions or large trade sizes exceeding prior open interest. When open interest rises from the previous day, it often indicates the creation of new positions rather than the closing of existing ones, suggesting a fresh outlook on the underlying stock or ETF.

For instance, call buying generally signals an expectation of upward movement, while selling calls suggest the trader anticipates the price will stay below a certain level. Put selling reflects confidence that the price will hold above the strike, implying stability. In contrast, put buying may reveal a bearish outlook or serve as a hedge against a larger bullish position elsewhere.

This report highlights large, unusual options trades identified for their size and potential impact, representing individual sentiment rather than broad market consensus. These trades are informational and are not intended as buy or sell signals. They reflect noteworthy activity observed during the trading day and should be viewed as one part of a broader analysis.

Options Flow Analysis: Trading Day 2025-5-29

The following analysis focuses on the Stock Options Flow Leaderboard for the trading day 2025-5-29. Each section highlights significant institutional activity, providing sentiment, key observations, and market expectations based on the data. All numbers represent large block trades likely executed by institutional players, not total-market figures.

Note: This report highlights institutional block option flow based on net premium. Strike prices and expiration dates are not available with block data.

ServiceNow (NOW)
Sentiment: Bullish
Options Activity: A large block call buy worth $107,306,000 was executed. No significant put activity was recorded.
Total Values: Call Premium Bought: $107,306,000
Strike Price: Not specified
Expectations: The outsized premium allocated exclusively to call buying suggests strong institutional confidence in upside price movement. The lack of put hedging further reinforces the bullish outlook.
Market View: Highly bullish positioning, with aggressive upside speculation likely reflecting confidence in upcoming catalysts or continued momentum.

Apple Inc. (AAPL)
Sentiment: Mixed
Options Activity: Calls were bought for $6,132,521, while more were sold for $12,744,030, implying limited speculative positioning. Meanwhile, substantial put buying ($219,607,087) was countered by even larger put selling ($317,146,318), indicating premium was collected from put writing.
Total Values: Net Premium: $90,927,722
Strike Price: Not specified
Expectations: While large institutional interest appears on both sides, the dominant theme is bullish, with the premium collected from put selling reflecting confidence that the price will hold above support levels.
Market View: Overall bias tilts bullish due to substantial put selling, signaling strong institutional willingness to absorb downside risk.

UnitedHealth Group (UNH)
Sentiment: Bullish
Options Activity: Institutions heavily sold puts for $76,916,849 while buying calls for $14,520,377. Put buying was minimal.
Total Values: Net Premium: $66,494,495
Strike Price: Not specified
Expectations: The bullish tone is evident from both sides: call buying and aggressive put selling. Institutions appear confident the price will remain stable or move higher.
Market View: A strong bullish stance supported by premium collected from downside risk, showing faith in price stability or potential appreciation.

ConocoPhillips (COP)
Sentiment: Bullish
Options Activity: Puts were sold for $60,972,364, vastly outweighing the minor amount of puts bought. Calls also saw net buying.
Total Values: Net Premium: $57,638,346
Strike Price: Not specified
Expectations: The large put selling suggests confidence in the stock maintaining its current level or rising, indicating bullish sentiment despite modest call interest.
Market View: Institutions are positioning for price stability or upside, using put selling to generate income with confidence in support levels.

Novo Nordisk (NVO)
Sentiment: Bullish
Options Activity: A total of $63,898,800 was collected from put selling, compared to minimal call buying and significant put buying.
Total Values: Net Premium: $47,691,370
Strike Price: Not specified
Expectations: Despite some put buying, the heavy premium collected from put selling overshadows it, pointing to a bullish bias.
Market View: Investors are expressing confidence through put selling, likely expecting the stock to remain above key levels.

Marvell Technology (MRVL)
Sentiment: Bullish
Options Activity: Calls bought for $6,160,053 exceeded calls sold. Puts were actively sold for $23,630,313, far outpacing those bought.
Total Values: Net Premium: $22,474,920
Strike Price: Not specified
Expectations: The dominance of put selling alongside moderate call buying supports a bullish outlook.
Market View: Institutions are positioning for upside continuation or price support with limited fear of downside risk.

PDD Holdings (PDD)
Sentiment: Mixed
Options Activity: Heavy put activity on both sides, with $77,724,398 in puts sold versus $54,323,858 bought. Net premium leans positive.
Total Values: Net Premium: $21,862,008
Strike Price: Not specified
Expectations: While both bullish and bearish positions exist, the premium collected from put selling implies overall confidence in price support.
Market View: Tilted bullish due to net premium gain, but underlying risk hedging makes this a mixed sentiment trade.

Thermo Fisher Scientific (TMO)
Sentiment: Bullish
Options Activity: Put selling of $63,302,000 vastly outweighed the $41,594,000 in put buys. No call activity recorded.
Total Values: Net Premium: $21,708,000
Strike Price: Not specified
Expectations: Institutions collecting premium from put selling reflects a bullish view, expecting support to hold.
Market View: Strong bullish bias through risk-absorption on the downside.

Nucor Corporation (NUE)
Sentiment: Bullish
Options Activity: Puts were sold for $26,361,000, while only $4,827,500 in puts were bought.
Total Values: Net Premium: $21,533,500
Strike Price: Not specified
Expectations: This imbalance shows bullish sentiment through aggressive premium collection.
Market View: Investors are positioned for a floor under the current price, reflecting confidence.

Blackstone (BX)
Sentiment: Bullish
Options Activity: Institutions sold puts for $19,179,208, with no notable call or put buying.
Total Values: Net Premium: $19,179,208
Strike Price: Not specified
Expectations: The complete absence of call buying reinforces that this is a premium collection strategy, confident in price holding.
Market View: Bullish stance through pure downside risk absorption.

T-Mobile (TMUS)
Sentiment: Bullish
Options Activity: Strong call buying of $24,297,600 and minimal call selling. No put trades.
Total Values: Net Premium: $18,148,500
Strike Price: Not specified
Expectations: Pure call buying suggests expectations for upside.
Market View: Bullish sentiment driven by speculation on price appreciation.

CoreWeave (CRWV)
Sentiment: Mixed
Options Activity: Calls were bought for $107,072,384, while nearly as many were sold ($92,269,921). Put flow was neutral.
Total Values: Net Premium: $15,173,197
Strike Price: Not specified
Expectations: A slight bullish lean due to the net call premium, but overall mixed due to close balance.
Market View: Cautiously optimistic with speculative interest tempered by hedging.

Skyworks Solutions (SWKS)
Sentiment: Bullish
Options Activity: Puts were sold for $14,336,750. No significant call or put buying recorded.
Total Values: Net Premium: $14,336,750
Strike Price: Not specified
Expectations: A premium collection strategy indicating confidence in a price floor.
Market View: Bullish bias through risk absorption.

Fiserv (FI)
Sentiment: Bullish
Options Activity: Minimal call buying but strong put selling of $15,620,000.
Total Values: Net Premium: $13,230,753
Strike Price: Not specified
Expectations: Institutions appear comfortable generating income below the current price, implying stability or upside.
Market View: Bullish view underpinned by passive put selling strategies.

Palo Alto Networks (PANW)
Sentiment: Bearish
Options Activity: Nearly $12 million in puts bought without any offsetting call trades.
Total Values: Net Premium: ($12,731,942)
Strike Price: Not specified
Expectations: A bearish bet on price decline or hedging against a larger long position.
Market View: Bearish stance, likely in anticipation of volatility or downside risk.

Meta Platforms (META)
Sentiment: Bullish
Options Activity: Call buying of $13,479,319 exceeded call selling, with minimal put flow.
Total Values: Net Premium: $9,476,275
Strike Price: Not specified
Expectations: Speculative upside bias without substantial downside concern.
Market View: Bullish sentiment rooted in directional conviction.

Arm Holdings (ARM)
Sentiment: Bullish
Options Activity: Calls were bought for $10,362,485 while puts were actively sold.
Total Values: Net Premium: $9,027,630
Strike Price: Not specified
Expectations: Positioning leans bullish with institutions signaling optimism.
Market View: Bullish view supported by directional and downside-neutral trades.

Lowe’s Companies (LOW)
Sentiment: Bullish
Options Activity: Puts were sold for $16,091,500, with limited put buying.
Total Values: Net Premium: $7,890,981
Strike Price: Not specified
Expectations: Reflects a view of price stability and willingness to take on downside exposure.
Market View: Bullish posture via cash-secured put strategies.

Chevron (CVX)
Sentiment: Bullish
Options Activity: Puts were sold for $10,722,938, far surpassing puts bought.
Total Values: Net Premium: $3,365,348
Strike Price: Not specified
Expectations: Institutions are confident in support holding.
Market View: Conservative bullish exposure through income-generating strategies.

Etsy (ETSY)
Sentiment: Bullish
Options Activity: Strong call buying of $4,728,443 and minor put activity.
Total Values: Net Premium: $3,281,500
Strike Price: Not specified
Expectations: Upside speculation with limited hedging.
Market View: Bullish sentiment fueled by tactical call positioning.

Amazon.com (AMZN)
Sentiment: Bullish
Options Activity: Call buying outpaced call selling, while institutions also collected premium from put selling.
Total Values: Net Premium: $3,229,405
Strike Price: Not specified
Expectations: Leaning bullish as institutions hedge through income-based downside strategies.
Market View: Optimistic bias with a mix of speculative and hedging activity.

Individual Options Trades: Trading Day 2025-5-29

This section focuses on unusual trades that stand out on an individual basis. These trades are highlighted for their distinctiveness, reflecting significant activity that diverges from typical market behavior.

Universal Technical Institute (UTI)
Sentiment: Bullish
Options Activity: A call option was purchased with a strike price of $42.50, expiring on December 19, 2025. The trade occurred 204 days to expiry and was larger than the existing open interest, indicating a new position is being opened.
Total Values: $115,150 in premium paid
Strike Price: $42.50
Expectations: With the spot price at $35.91, this trade reflects a bullish outlook, targeting a move of approximately 18.4% higher by December. The size of the trade compared to open interest suggests confidence in a long-term upside move.

Skyworks Solutions (SWKS)
Sentiment: Bullish
Options Activity: A notable sequence of put options was sold across multiple strike prices, all expiring on June 20, 2025—22 days to expiry. The trades included strikes at $90, $92.50, $95, $97.50, and $100, and each trade was larger than existing open interest, indicating new positions are being opened.
Total Values: $13,640,750 in premium collected
Strike Price: Range from $90.00 to $100.00
Expectations: With the spot price at $69.32, the put selling across such elevated strike levels reflects aggressive bullish sentiment. Traders are expressing confidence that SWKS will stay well above all sold strike levels over the next three weeks. The premium was collected on each leg, reinforcing the view that this may represent a strong bet on near-term price stability or a bottoming setup.

KE Holdings (BEKE)
Sentiment: Bullish
Options Activity: Multiple put options were sold with strike prices at $24, $25, $26, and $28, all expiring on June 20, 2025—22 days to expiry. Each trade was larger than the existing open interest, indicating new positions are being opened.
Total Values: $2,370,000 in premium collected
Strike Price: Range from $24.00 to $28.00
Expectations: With a spot price of $18.73, all put strikes were sold well above current levels, suggesting traders are taking advantage of elevated implied volatility and collecting premium with high confidence that BEKE will remain below the strike prices. The aggressive put selling this far out-of-the-money reflects a strong bullish bias or a belief that the downside is limited over the short term.

iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD)
Sentiment: Bullish
Options Activity: A series of put options were sold, including a September 19, 2025 expiry (with 113 days to expiry) at a $102 strike and a June 20, 2025 expiry (with 22 days to expiry) at a $103 strike. The September trades were each larger than existing open interest, indicating new positions are being opened.
Total Values: $4,277,630 in premium collected
Strike Price: $102.00 and $103.00
Expectations: With the spot price at $107.45, both puts were sold below the current price, reflecting confidence that LQD will remain above the sold strike levels. This bullish strategy appears to be a premium-collection play rooted in stability expectations for corporate bond ETFs, particularly amid market volatility.

iShares 20+ Year Treasury Bond ETF (TLT)
Sentiment: Bullish
Options Activity: Call options with a $93 strike price were purchased, expiring on September 19, 2025—113 days to expiry. Each trade was larger than existing open interest, indicating new positions are being opened.
Total Values: $4,447,130 in premium paid
Strike Price: $93.00
Expectations: With the spot price at $86.07, this trade represents a bullish bet on a rebound in long-term Treasury bond prices, targeting a move of approximately 8.1% or more by mid-September. The scale of the position signals a belief that bond yields may fall, pushing TLT higher within the specified timeframe.

Pan American Silver (PAAS)
Sentiment: Bullish
Options Activity: On May 29, put options with a $24 strike expiring on August 15, 2025 (78 days to expiry) were sold. Each trade was larger than existing open interest, indicating new positions are being opened. On May 28, call options with a $25.50 strike expiring on June 20, 2025 (23 days to expiry) were bought, also larger than prior open interest.
Total Values: $613,175 in premium collected on puts and $89,264 in premium paid on calls
Strike Price: $24.00 for puts and $25.50 for calls
Expectations: With a spot price around $24.18 to $24.33, the put selling slightly below spot reflects confidence in price stability or modest upside, collecting premium as long as PAAS holds above $24. The simultaneous call buying at $25.50 indicates bullish upside expectations into June. Together, these flows suggest a coordinated strategy anticipating near-term appreciation in the stock while managing downside exposure.

iShares MSCI Japan ETF (EWJ)
Sentiment: Bullish
Options Activity: Two put options were sold with strike prices at $70 and $71, both expiring on September 19, 2025—113 days to expiry. Both trades were larger than the existing open interest, indicating new positions are being opened.
Total Values: $924,000 in premium collected
Strike Price: $70.00 and $71.00
Expectations: With the spot price at $73.77, the put selling just below current levels signals bullish sentiment, suggesting confidence that EWJ will remain above these strikes through mid-September. This strategy allows the trader to collect premium while expressing faith in the stability or appreciation of Japanese equities.

SSR Mining (SSRM)
Sentiment: Bullish
Options Activity: A sizable call buying strategy was initiated with a $9 strike price expiring on January 16, 2026—232 days to expiry. Each trade was larger than the existing open interest, indicating new positions are being opened.
Total Values: $1,208,365 in premium paid
Strike Price: $9.00
Expectations: With the spot price at $11.76, these deep in-the-money calls reflect a high-conviction bullish stance. The long-dated nature of the options suggests the trader expects significant upside over the next seven months, likely anticipating a rebound in the precious metals sector or a specific corporate catalyst for SSRM.

Melco Resorts & Entertainment (MLCO)
Sentiment: Bullish
Options Activity: A series of call options were purchased at the $6.50 strike price with expirations on both June 6, 2025 (8 days to expiry) and June 20, 2025 (22 days to expiry). All trades were larger than the existing open interest, indicating new positions are being opened.
Total Values: $124,049 in premium paid
Strike Price: $6.50
Expectations: With the spot price ranging between $6.39 and $6.45, these trades reflect a bullish outlook on short-term price appreciation in MLCO. The quick expiration window suggests traders are positioning for a near-term move above the $6.50 level, possibly in anticipation of a news event, earnings catalyst, or broader market momentum.

Bunge Global SA (BG)
Sentiment: Bullish
Options Activity: A put option was sold with a $80 strike price, expiring on July 18, 2025—50 days to expiry. The size of the trade was larger than the existing open interest, indicating a new position is being opened.
Total Values: $275,450 in premium collected
Strike Price: $80.00
Expectations: With the spot price at $78.74, this slightly out-of-the-money put was sold just above current levels, suggesting the trader expects BG to stay at or rebound above $80 in the coming weeks. The premium collected reflects a bullish stance and confidence in price support holding through mid-July.

Blackstone Inc. (BX)
Sentiment: Bullish
Options Activity: A large cluster of put options was sold at strike prices of $165, $170, $180, $185, and $190, all expiring on June 20, 2025—22 days to expiry. Each of these trades was larger than the existing open interest, indicating new positions are being opened. An additional short-term put at the $128 strike expiring in 1 day was also sold.
Total Values: $18,683,408 in premium collected
Strike Price: Range from $128.00 to $190.00
Expectations: With the spot price at $138.42–$138.47, these put sales—especially those as far out-of-the-money as $190—suggest strong confidence that BX will remain well above the sold strikes. The aggressive premium collection across this wide range implies a bullish view or a potential volatility-selling strategy that takes advantage of elevated option prices. The high total notional value adds further conviction to the underlying outlook.

Hudbay Minerals (HBM)
Sentiment: Bullish
Options Activity: A call option was purchased with a $10 strike price, expiring on January 16, 2026—232 days to expiry. The size of the trade was larger than the existing open interest, indicating a new position is being opened.
Total Values: $113,030 in premium paid
Strike Price: $10.00
Expectations: With the spot price at $9.22, the trader is positioning for a move of approximately 8.5% or more by early 2026. The long-dated nature of the contract suggests confidence in a sustained upside trend in HBM, potentially driven by commodity strength or corporate developments.

Insider Transactions

Each day, insider transactions provide insights into the movements of key executives and shareholders within various companies. These transactions can signal confidence in future performance or a need to liquidate holdings. Today’s report identified the most significant insider purchases and sales, highlighting influential figures and companies that made notable moves.  Let’s take a look at some of today’s standout transactions.

US Insider Purchases

Core Scientific Inc (CORZ)
Buyer: Rozov Yadin (Non-Executive Director)
Shares Purchased: 110,000 (+30.1%)
Price: USD 10.87
Total Value: USD 1,195,370

Matson Inc (MATX)
Buyer: Tilden Bradley D (Non-Executive Director)
Shares Purchased: 2,752 (+50.7%)
Price: USD 111.76
Total Value: USD 307,564

Aberdeen Japan Equity Fund Inc (JEQ)
Buyer: Saba Capital Management, L.P. (Large shareholder)
Shares Purchased: 52,651 (+3.6%)
Price: USD 7.11
Total Value: USD 374,349

Verona Pharma PLC (VRNA)
Buyer: Zaccardelli David (President and CEO)
Shares Purchased: 208,696 (-1.5%) (Note: While marked as a planned sale, magnitude is significant and repeated across filings)
Price: USD 9.33
Total Value: USD 1,947,593

US Insider Sales

Guardian Pharmacy Services Inc (GRDN)
Seller: Bindley William E (Non-Executive Director, Large shareholder)
Shares Sold: 651,454 (-25.1%)
Price: USD 20.16
Total Value: USD 13,133,313

Guardian Pharmacy Services Inc (GRDN)
Seller: Salentine Thomas J Jr (Non-Executive Director, Large shareholder)
Shares Sold: 651,454 (-25.1%)
Price: USD 20.16
Total Value: USD 13,133,313

Intuit Inc (INTU)
Seller: Fennell Laura A (EVP, People and Places)
Shares Sold: 7,401 (-21.3%)
Price: USD 753.30
Total Value: USD 5,575,207

Progressive Corp (PGR)
Seller: Sauerland John P (VP and Chief Financial Officer)
Shares Sold: 10,000 (-4.0%)
Price: USD 275.37
Total Value: USD 2,753,700

Guardian Pharmacy Services Inc (GRDN)
Seller: Burke Fred (Executive Director)
Shares Sold: 138,705 (-25.1%)
Price: USD 20.16
Total Value: USD 2,796,293

Intuit Inc (INTU)
Seller: Fennell Laura A (EVP, People and Places)
Shares Sold: 4,295 (-11.0%)
Price: USD 752.07
Total Value: USD 3,230,135

Guardian Pharmacy Services Inc (GRDN)
Seller: Ackerman John (Non-Executive Director)
Shares Sold: 150,998 (-25.1%)
Price: USD 20.16
Total Value: USD 3,044,120

Intuit Inc (INTU)
Seller: Fennell Laura A (EVP, People and Places)
Shares Sold: 3,663 (-13.4%)
Price: USD 753.97
Total Value: USD 2,761,781

Cheesecake Factory Inc (CAKE)
Seller: Carango Keith (President, Subsidiary)
Shares Sold: 30,000 (-59.1%)
Price: USD 55.12
Total Value: USD 1,653,492

First Solar Inc (FSLR)
Seller: Gloeckler Markus (Chief Technology Officer)
Shares Sold: 9,557 (-54.3%)
Price: USD 155.05
Total Value: USD 1,481,813

CDN Insider Purchases

Foran Mining Corp (FOM)
Buyer: Fairfax Financial Holdings Limited (10% Security Holder)
Shares Purchased: 5,628,738 (+113.8%)
Price: CAD 3.00
Total Value: CAD 16,886,214

Lundin Gold Inc (LUG)
Buyer: Newmont Corporation (10% Security Holder)
Shares Purchased: 247,185 (+0.3%)
Price: CAD 61.38
Total Value: CAD 15,172,215

Foran Mining Corp (FOM)
Buyer: Fairfax Financial Holdings Limited (10% Security Holder)
Shares Purchased: 4,221,553 (+170.7%)
Price: CAD 3.00
Total Value: CAD 12,664,659

Foran Mining Corp (FOM)
Buyer: Fairfax Financial Holdings Limited (10% Security Holder)
Shares Purchased: 2,814,367 (+35.2%)
Price: CAD 3.00
Total Value: CAD 8,443,101

Fireweed Metals Corp
Buyer: Childress, Larry (10% Security Holder)
Shares Purchased: 750,000
Price: CAD 1.80
Total Value: CAD 1,350,000

Premium Brands Holdings Corp (PBH)
Buyer: PALEOLOGOU, GEORGE (Executive Director)
Shares Purchased: 13,921 (+3.4%)
Price: CAD 77.58
Total Value: CAD 1,080,000

Prairiesky Royalty Ltd (PSK)
Buyer: Phillips, Andrew (Officer)
Shares Purchased: 40,000 (+80.0%)
Price: CAD 22.97
Total Value: CAD 918,800

Premium Brands Holdings Corp (PBH)
Buyer: Kalutycz, William Dion (Officer)
Shares Purchased: 7,734 (+8.4%)
Price: CAD 77.58
Total Value: CAD 600,008

First Phosphate Corp (PHOS)
Buyer: Nicholson, Peter (Non-Executive Director)
Shares Purchased: 714,286 (+158.7%)
Price: CAD 0.35
Total Value: CAD 250,000

Dye & Durham Ltd (DND)
Buyer: Plantro Ltd. (10% Security Holder)
Shares Purchased: 26,000 (+0.3%)
Price: CAD 10.42
Total Value: CAD 270,954

CDN Insider Sales

Canadian Pacific Kansas City Ltd (CP)
Seller: Brooks, John Kenneth (Officer)
Shares Sold: 37,420
Price: USD 80.75
Total Value: USD 3,021,515

Sun Life Financial Inc (SLF)
Seller: Fishbein, Daniel (Officer)
Shares Sold: 37,662 (-92.8%)
Price: CAD 87.60
Total Value: CAD 3,299,191

Lundin Gold Inc (LUG)
Seller: Smith, Terrence (Officer)
Shares Sold: 40,656
Price: CAD 64.06
Total Value: CAD 2,604,423

WSP Global Inc (WSP)
Seller: Naysmith, Mark (Officer)
Shares Sold: 6,715
Price: CAD 281.34
Total Value: CAD 1,889,185

WSP Global Inc (WSP)
Seller: Naysmith, Mark (Officer)
Shares Sold: 3,709
Price: CAD 281.22
Total Value: CAD 1,043,053

Fortis Inc (FTS)
Seller: Reid, James (Officer)
Shares Sold: 20,000 (-40.1%)
Price: CAD 67.41
Total Value: CAD 1,348,218

Fortis Inc (FTS)
Seller: Perry, Jocelyn (Officer)
Shares Sold: 17,060 (-38.8%)
Price: CAD 67.16
Total Value: CAD 1,145,666

Premium Brands Holdings Corp (PBH)
Seller: Kalutycz, William Dion (Officer)
Shares Sold: 8,000 (-8.0%)
Price: CAD 81.57
Total Value: CAD 652,575

Peyto Exploration and Development Corp
Seller: Rees, Michael Eugene (Officer)
Shares Sold: 21,500 (-50.4%)
Price: CAD 18.93
Total Value: CAD 406,939

Restaurant Brands International Inc (QSR)
Seller: Keusch, Michele (Executive Director)
Shares Sold: 2,500 (-18.6%)
Price: USD 71.69
Total Value: USD 179,225

Institutional Spotlight: Notable Accumulation from Top Funds

A trio of significant institutional purchases filed today underscores growing confidence in select niche opportunities. Millennium Management LLC, led by Israel Englander, disclosed a major position in STEP, acquiring 4,401,412 shares, which represents a 5.70% ownership stake. The filing, timestamped May 29, 2025, at 16:11, signals strategic accumulation in the asset management space—potentially anticipating favorable conditions in the mid-cap financial sector.

Meanwhile, Beryl Capital Management LLC, under the direction of David Witkin, initiated or added to its position in SGMA, now holding 590,881 shares for a commanding 9.70% ownership, filed at 15:31. SGMA’s thin float and high insider ownership make such a concentrated institutional stake particularly notable, and may indicate Beryl’s confidence in a potential event-driven or value-unlock thesis.

In another meaningful move, Saba Capital Management LP, the activist-oriented fund run by Boaz Weinstein, reported ownership of 1,508,233 shares in JEQ, giving it a 10.77% stake. The position was filed at 12:28 today. Given Saba’s history of targeting closed-end funds trading at a discount to NAV, this filing suggests a calculated move likely aimed at narrowing that valuation gap or positioning for structural changes in the fund’s management.

Institutional Momentum Watchlists

(Stocks are sorted to highlight those with the strongest momentum at the time of the scan)

Welcome to the Institutional Momentum Watchlist, an exclusive feature for our members. This list highlights stocks that have recently caught the attention of institutional investors, either through new purchases or significant additions. These stocks are selected based on promising technical setups that suggest potential momentum. Our systematic approach filters for opportunities where institutional sponsorship aligns with favorable technical conditions, offering a unique edge in your trading strategy. Keep an eye on this watchlist as we update it each weekend with the latest insights from the market.

Click on the CandleGlance chart to view it in full size. Find a chart that matches your criteria or interests. You can easily save it to your watchlist on StockCharts.com for further analysis and tracking or copy and paste the ticker list into your chart provider.

US Institutional Momentum Watchlist

EXPORT – US – Institutional – 2025-05-24

IMNN, LTBR, MRUS, NNE, BSGM, OKLO, NEOV, LEU, X, NNVC, SMR, LPA, TLSA, GXAI, USGO, VSTM, NSPR, QUBT, ASPI, CREX, TNXP, CHNR, SHOT, INBS, FIP, ADCT, NEUP, ADSE, INTU, DXYZ, PVLA, SGBX, GME, WGS, BE, MIR, CRDF, BEAT, THM, UGL, GDMN, PDYN, CMPO, SLNO, TLSI, COMM, MUX, EAT, CMTL, KNSA, SEZL, STX, STEP, PSNL, GTN, CORT, VRNA, MNMD, JVA, AGX, BILI, CW, KROS, GROY, PRCH, SPOT, DERM, DASH, INSW, CRWD, RVMD, SWX, PRTH, FINV, KTOS, RDW, WWD, GENI, TAC, NUVB, VST, PCT, MAMA, WMB, ROAD, SE, CEG, PEG, FIX, PRIM, DTM, KMI, LASR, ETR, TDG, CL, LMB, CRS, TPC, HDB, FMS, TK, PM, HL, CRDO, NRG, GRRR, COOP, SR, WELL, WM, INDA, FTAI, GSHD, ARQQ, SLV, ELF, CBOE, RBRK, RCAT, CHKP, EPI, HCI, FSLR, KMB, SON, HWM, LOAR, DTE, DXD, IHD, ACI, FXU, IFN, ASND, DAC, SRE, WEC, GDS, GEV, GRND, CDE, LIF, CNP, STRL, PFGC, RGTI, AR, GPOR, SSNC, IESC, ONC, FXY, MTZ, ULS, YPF, IPI, EME, GE, TW, AXON, SFM, FXF, ELDN, CLS, GWRE, PARA, ZVRA, AN, NWSA, PTCT, SO, ALLT, BTX, KO, ADT, LI, LNT, PLTR, PPC, VGZ, AM, APP, MNST, AB, MCK, AJG, CNQ, DG, MO, RSG, TMDX, CME, EPR, RCL, NDAQ, ORLY, T, LYFT, WDC, TXRH, ERC, MGF, ATI, ARMK, CPNG, CVNA, MRCY, PBI, FAX, GILD, SA, AER, PLNT, RYTM, NTRA, RBLX, SBAC, TBLD, EVAX, ZS, NMIH, PG, SGHC, DUOL, LLYVA, INDV, DY, SHLS, WMT, ATRA, VWO, WING, LYV, LOPE, NNI, ZTS, PHLT, ALL, AMSC, RRC, ALAB, APH, ALNY, PANW, VXUS, CRBG, ITRI, UFPT, HUBB, SMMT, FUTU, CTAS, SHAK, AMWL, XMTR, LH, TEAF, EHC, DRIO, RBC, BV, EQV, CAH, JBL, NBXG, DELL, VRNS, ADSK, CIEN, JFR, FOXA, DLR, IBM, SCHW, EMHY, EMMF, FWONK, MCD, DRI, MTSI, JCI, MKL, GS, MCHI, BOXX, CNK, ESGR, JPM

Canadian Institutional Momentum Watchlist

EXPORT – CDN – Institutional – 2025-05-24

URE.TO, EU.V, URC.TO, NXE.TO, DML.TO, CCO.TO, ITR.V, SLI.V, AAUC.TO, USA.TO, VLE.TO, LUN.TO, KNT.TO, ATRL.TO, CNL.TO, PPTA.TO, PNE.TO, GLO.TO, ARG.TO, LUG.TO, DPM.TO, GAU.TO, OLA.TO, FTG.TO, MOGO.TO, HBM.TO, EDV.TO, ARIS.TO, NDM.TO, MAL.TO, CS.TO, ARTG.V, WDO.TO, EMX.V, PTM.TO, ORA.TO, MND.TO, FM.TO, GOOS.TO, TXG.TO, BEPC.TO, FOM.TO, BLX.TO, AFN.TO, PET.TO, SSRM.TO, TFPM.TO, NVA.TO, SES.TO, KEL.TO, OBE.TO, ARX.TO, ITH.TO, LMN.V, OGC.TO, SSL.TO, ACO/X.TO, CG.TO, CXB.TO, EQX.TO, IMG.TO, CF.TO, CJ.TO, PZA.TO, TH.TO, WPM.TO, EMP/A.TO, FNV.TO, OR.TO, AGI.TO, ASM.TO, NGD.TO, ABX.TO, SIA.TO, BTO.TO, YGR.TO, ELD.TO, FRU.TO, BDI.TO, ENB.TO, SCR.TO, GRT/UN.TO, CU.TO, SMT.TO, X.TO, TF.TO, ATZ.TO, WN.TO, CM.TO, TRP.TO, WTE.TO, TVE.TO, NA.TO, AC.TO, EMA.TO, DBM.TO, HLF.TO, LB.TO, NPI.TO, TOU.TO, AIM.TO, TPZ.TO, EXE.TO, K.TO, RY.TO, CHP/UN.TO, MEG.TO, FTS.TO, GEI.TO, NTR.TO, NWC.TO, MTL.TO, BNS.TO, ATH.TO, FTT.TO, SRU/UN.TO, RUS.TO, PKI.TO, SPB.TO, KPT.TO, PEY.TO, TD.TO, L.TO, SAP.TO, CRR/UN.TO, FCR/UN.TO, STN.TO, CIX.TO, FFH.TO

To conclude our report, we thank you for your engagement and insights. Your feedback is valuable, and we encourage you to share your recommendations. Stay attentive to the Daily Setups, the Workspace, and the Watchlists for emerging opportunities. Additionally, explore the PDFs of the scanner results provided in the Daily Setups report. Until next time, happy trading!