North American Construction
NOA
59 hedge funds and large institutions have $191M invested in North American Construction in 2021 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 17 increasing their positions, 23 reducing their positions, and 13 closing their positions.
1,369% more call options, than puts
Call options by funds: $235K | Put options by funds: $16K
1.19% more ownership
Funds ownership: 45.01% → 46.2% (+1.2%)
7% less capital invested
Capital invested by funds: $206M → $191M (-$14.8M)
16% less funds holding
Funds holding: 70 → 59 (-11)
26% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 23
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
85% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$4.74M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$2.45M |
| 3 |
AI
Acuitas Investments
Seattle,
Washington
|
+$820K |
| 4 |
BFM
Boothbay Fund Management
New York
|
+$767K |
| 5 |
PCM
Prelude Capital Management
New York
|
+$747K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
-$2.43M |
| 2 |
Renaissance Technologies
New York
|
-$2.1M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$1.67M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.5M |
| 5 |
Goldman Sachs
New York
|
-$1.5M |
NOA Hedge Fund Activity: Q3 2021 in Review
59 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in North American Construction (NOA) for Q3 2021, worth a combined $191M — down 7.2% from $206M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of NOA and 2 opened new positions — a net loss of 11 holders — while 23 trimmed existing stakes and 17 added.
The largest buyer was Mackenzie Financial, adding an estimated $4.74M. The largest seller was Cannell Capital, cutting an estimated $2.43M.
- 59 institutional investors held North American Construction (NOA) as of Q3 2021, down from 70 in Q2 2021.
- Funds reported $191M of North American Construction stock for Q3 2021, down 7.2% quarter-over-quarter.
- 2 funds opened new North American Construction positions in Q3 2021 and 13 closed out, a net change of -11 holders.
- The largest North American Construction buyer in Q3 2021 was Mackenzie Financial, an estimated $4.74M added.
- The largest North American Construction seller in Q3 2021 was Cannell Capital, an estimated $2.43M sold.
Based on aggregated 13F filings for Q3 2021.