Bleichroeder LP

Bleichroeder LP (10% owner) purchases 700,000 shares of LIQT at $1.00 amid steep declines; stock at $0.80, down 76.1% from 52-week high.

Bleichroeder LP purchased 700,000 shares (700.0K shares) at $1.00 on 2026-06-05, increasing holdings by 700,000 shares (+11.3% vs pre-transaction holdings) to 6,882,239 shares (6.88M shares). The transaction occurred while the stock traded at $0.80 current price, positioned -76.1% from its 52-week high of $3.35. The company reported net income of $-2,710,112.00 ($-2.7M) over the latest full fiscal year despite revenue of $4,136,320.00 ($4.1M) and annual revenue growth of +13.0%, with a market cap of $7,958,272.80 ($8.0M). Bleichroeder's cross-ticker track record shows 6 prior buys averaging 30d return -20.0% and 90d return -13.2% with a 90d win rate of 50.00%, providing limited evidence of timing acumen on this type of contrarian positioning.

Bleichroeder LP (10% owner) purchases 633,161 shares of FERLX for $16.0M, raising stake 86.2% to 1.37M shares

Bleichroeder LP, a substantial 10% owner of First Eagle Real Estate Debt Fund, deployed $16.0M to purchase 633,161 shares at $25.27 on 2025-08-06, marking an 86.2% increase in its FERLX holdings from 734,645 to 1,367,807 shares. This is the entity's second open-market purchase of FERLX within four months (prior buy on 2025-04-30), indicating sustained capital commitment to the position. However, Bleichroeder's broader cross-ticker track record shows headwinds: across 5 prior open-market purchases at other securities, the entity averaged -20.0% returns over 30 days and -13.2% over 90 days, with a 50.00% 90-day win rate, suggesting historical timing challenges that merit scrutiny as context for this concentrated accumulation.

Bleichroeder LP, 10% owner, purchased 354,645 shares of FERLX at $25.16 for $8,922,872.73

Bleichroeder LP, a 10% shareholder, deployed $8,922,872.73 to acquire 354,645 shares at $25.16, increasing its position by 93.3% from 380,000 to 734,645 shares. This substantial open-market purchase represents a meaningful commitment of capital by a significant existing shareholder to a real estate debt fund. The insider's cross-ticker track record shows 4 prior open-market buys with an average 90-day return of +15.5% and a 100.00% win rate, demonstrating a consistent pattern of value-identifying purchases across holdings. The magnitude of this single acquisition—$8.9M—combined with the insider's established track record and existing 10% stake, signals continued conviction in FERLX's asset positioning at the transaction price.

Bleichroeder LP buys 250,000 shares of SCND at $1.00 amid cluster buy; stock down 61.3% from 52-week high, company unprofitable.

Bleichroeder LP, a 10% owner, purchased 250,000 shares at $1.00 on 2025-04-18, increasing its stake to 1,453,351 shares (a 20.8% increase in holdings). The purchase occurs as the stock trades at $0.86, down 61.3% from its 52-week high of $2.22 and down 20.4% over the past 30 days. The timing follows a 2023-12-13 buy at the same ticker that delivered a 12.5% 30-day return but subsequently fell 14.6% over 90 days. The transaction is noteworthy as 3 other insiders also purchased shares within the past 14 days, forming a cluster buy pattern. Against this positive signal, the company remains fundamentally challenged: it reported a net loss of $1.2M in its latest quarter with negative full-year earnings, revenues of $2.8M (down 3.6% year-over-year), and a market cap of $9.0M. The purchase represents a material commitment by an established shareholder, but the company's unprofitable status and persistent stock weakness provide substantive headwinds to any recovery thesis.