AYAL Capital Advisors’s North American Construction NOA Stock Holding History

AYAL Capital Advisors’s Portfolio NOA Stock Details NOA Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-312,070	Closed	-$4.99M	–	62
2025 Q2	$4.99M	Sell	312,070 -145,400	-32%	-$2.37M	1.19%	32
2025 Q1	$7.22M	Buy	457,470 +38,900	+9%	+$720K	2.39%	10
2024 Q4	$9.05M	Buy	418,570 +360,370	+619%	+$7.06M	2.32%	8
2024 Q3	$1.09M	Sell	58,200 -324,310	-85%	-$6.13M	0.37%	31
2024 Q2	$7.37M	Buy	+382,510	New	+$7.96M	2.8%	10
2024 Q1	–	Sell	-251,600	Closed	-$5.25M	–	49
2023 Q4	$5.25M	Buy	+251,600	New	+$5.19M	2.2%	17

Other funds holding NOA

Bank of Montreal Toronto, Ontario, Canada $269B AUM 31.4% 1-Year Est. Return

CAM

Claret Asset Management Montreal, Quebec, Canada $837M AUM 25.51% 1-Year Est. Return

National Bank of Canada Montreal, Quebec, Canada $112B AUM 31.26% 1-Year Est. Return

Cannell Capital Alta, Wyoming $163M AUM 40.62% 1-Year Est. Return

CIBC Asset Management Toronto, Ontario, Canada $40.9B AUM 35.96% 1-Year Est. Return

PAMP

Polar Asset Management Partners Toronto, Ontario, Canada $5.01B AUM 35.27% 1-Year Est. Return

Aegis Financial Mc Lean, Virginia $580M AUM 105.74% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

American Century Companies Kansas City, Missouri $194B AUM 35% 1-Year Est. Return

Connor, Clark & Lunn Investment Management (CC&L) Vancouver, British Columbia, Canada $43.4B AUM 51.29% 1-Year Est. Return

AYAL Capital Advisors's NOA Position: Q3 2025 in Review

AYAL Capital Advisors sold out of North American Construction (NOA) in Q3 2025, closing a stake of 312,070 shares — an estimated $4.99M sold.

AYAL Capital Advisors first reported a position in NOA in Q4 2023 and held it in 6 quarters. The position peaked at $9.05M in Q4 2024. 74 funds tracked by Wall St. Rank hold NOA as of Q3 2025.

AYAL Capital Advisors reported no remaining North American Construction position as of Q3 2025 after selling out during the quarter.
AYAL Capital Advisors sold 312,070 North American Construction shares in Q3 2025, an estimated $4.99M.
AYAL Capital Advisors first reported a position in North American Construction in Q4 2023 and held it in 6 quarters.
AYAL Capital Advisors's North American Construction position peaked at $9.05M in Q4 2024.
74 funds tracked by Wall St. Rank held North American Construction as of Q3 2025.

Based on AYAL Capital Advisors's 13F filing for Q3 2025, filed 14 Nov 2025.