A look at the weighted underlying holdings of the FT Confluence BDC & Specialty Finance Income ETF (FBDC) shows an impressive 10.2% of holdings on a weighted basis have experienced insider buying within the past six months.
FS KKR Capital Corp (Symbol: FSK), which makes up 4.30% of the FT Confluence BDC & Specialty Finance Income ETF (FBDC), has seen 2 directors and officers purchase shares in the past six months, according to the recent Form 4 data. The ETF holds a total of $1,682,352 worth of FSK, making it the #10 largest holding. The table below details the recent insider buying activity observed at FSK:
FSK — last trade: $14.76 — Recent Insider Buys:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 11/07/2025 | Daniel Pietrzak | President and CIO | 10,000 | $15.15 | $151,500 |
| 11/11/2025 | Michael C. Forman | Chief Executive Officer | 10,000 | $15.50 | $155,000 |
And Trinity Capital Inc (Symbol: TRIN), the #19 largest holding among components of the FT Confluence BDC & Specialty Finance Income ETF (FBDC), shows 3 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $503,401 worth of TRIN, which represents approximately 1.29% of the ETF's total assets at last check. The recent insider buying activity observed at TRIN is detailed in the table below:
TRIN — last trade: $15.03 — Recent Insider Buys:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 08/08/2025 | Kyle Steven Brown | CEO, President and CIO | 3,200 | $15.78 | $50,496 |
| 09/03/2025 | Ronald E. Estes | Director | 1,000 | $16.15 | $16,146 |
| 09/11/2025 | Ronald E. Estes | Director | 3,000 | $16.10 | $48,290 |
| 09/12/2025 | Ronald E. Estes | Director | 1,000 | $16.08 | $16,080 |
| 11/07/2025 | Ronald E. Estes | Director | 2,000 | $14.44 | $28,880 |
| 11/07/2025 | Steve Louis Brown | Executive Chairman | 6,100 | $14.41 | $87,930 |
| 11/07/2025 | Kyle Steven Brown | CEO, President and CIO | 6,920 | $14.44 | $99,925 |
| 11/18/2025 | Steve Louis Brown | Executive Chairman | 2,137 | $14.52 | $31,029 |
| 11/19/2025 | Ronald E. Estes | 1,500 | $14.44 | $21,655 | |
| 12/15/2025 | Ronald E. Estes | 1,500 | $15.10 | $22,655 |
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Also see:
Top Ten Hedge Funds Holding FXEN
Illinois Tool Works shares outstanding history
LNT Insider Buying
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
