undamentalytics Newsletter

North American Construction Group Ltd.: which funds bought and sold

Institutions that bought and sold North American Construction Group shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 44 institutions that filed 13F reports for both quarters added to or opened positions in North American Construction Group, and 28 cut or closed them. Together they sold a net 543K shares, −3.2% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 791K shares (+28.2%); index fund managers were net sellers of 3,182 shares (−22.0%). 6 opened a new position and 11 sold out entirely.

Bought, Q2 2026 44 institutions, 6 of them new holders Sold, Q2 2026 28 institutions, 11 of them sold out
Net change, all compared −543K shares (−3.2%)
Net change, active managers +791K shares (+28.2%), 14 bought, 7 sold

Buyers versus sellers

institutions compared, 81
Active managers and hedge funds 14 bought · 7 sold · +791K
Index fund managers 0 bought · 2 sold · −3,182
Other institutions 30 bought · 19 sold · −1.3M

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
Morgan Stanley +575K +299.4% 767K $10.2M
Arrowstreet Capital, Limited Partnership Hedge fund +270K +67.0% 672K $8.9M
Simcoe Capital LLC +232K +143.8% 394K $5.2M
Goldman Sachs Group Inc +191K +75.5% 443K $5.9M
Centerbook Partners LP Hedge fund +139K +252.6% 194K $2.6M
Bank Of America Corp +134K +141.2% 229K $3M
D. E. Shaw & Co., Inc. Hedge fund +111K +41.0% 383K $5.1M
Quadrature Capital Ltd Hedge fund +101K +74.9% 236K $3.1M
Two Sigma Investments, LP Hedge fund +99K +31.6% 412K $5.5M
Boothbay Fund Management, LLC Hedge fund +83K +445.2% 102K $1.4M
Dimensional Fund Advisors LP +69K +34.6% 270K $3.6M
Citadel Advisors LLC Hedge fund +48K +39.3% 170K $2.3M
National Bank Of Canada +44K +3.3% 1.4M $18.6M
American Century Companies Inc Active manager +43K +7.3% 635K $8.4M
Intact Investment Management Inc. +36K +17.5% 244K $3.2M
Point72 Asset Management, L.P. Hedge fund +35K +135.1% 61K $805,495
Dynamic Technology Lab Private Ltd +27K New position 27K $360,000
Qube Research & Technologies Ltd Hedge fund +26K +137.3% 44K $590,440
Jpmorgan Chase & Co +25K +83.1% 55K $742,931
Intrinsic Edge Capital Management LLC +20K +11.8% 190K $2.5M

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Bank Of Montreal −1.5M −50.9% 1.4M $18.9M
Alberta Investment Management Corp −422K Sold out 0 —
Polar Asset Management Partners Inc. −310K Sold out 0 —
Bastion Asset Management Inc. −188K −46.8% 213K $3.1M
Marshall Wace, LLP Hedge fund −181K −91.0% 18K $237,218
Cannell Capital LLC −179K −18.6% 784K $10.4M
CIBC Asset Management Inc −107K −7.3% 1.4M $18.2M
K.J. Harrison & Partners Inc −53K Sold out 0 —
Envestnet Asset Management Inc −18K −21.0% 68K $906,895
Brevan Howard Capital Management LP Hedge fund −15K Sold out 0 —
Engineers Gate Manager LP Hedge fund −14K Sold out 0 —
HSBC Holdings PLC −12K Sold out 0 —
Claret Asset Management Corp −11K −0.5% 2.0M $27.1M
Toronto Dominion Bank −8,723 Sold out 0 —
Renaissance Technologies LLC Hedge fund −6,500 −2.6% 247K $3.3M
BNP Paribas Financial Markets −3,810 −47.8% 4,157 $55,288
Royal Bank Of Canada −2,478 −6.8% 34K $453,000
Vanguard Personalized Indexing Management, LLC Index funds −2,177 −16.2% 11K $149,904
Clearbridge Investments, LLC Active manager −2,133 −0.9% 244K $3.2M
Acadian Asset Management LLC Active manager −1,675 Sold out 0 —

New positions

largest by value
InstitutionSharesValue June 30, 2026
Dynamic Technology Lab Private Ltd 27K $360,000
Trexquant Investment LPHedge fund 18K $243,962
Winton Group LtdHedge fund 11K $143,534
Lavaca Capital LLC 1,109 $14,750
Citigroup Inc 151 $2,007
Caitong International Asset Management Co., Ltd 5 $66

Sold out

largest by value
InstitutionSharesValue March 31, 2026
Alberta Investment Management Corp 422K $5.7M
Polar Asset Management Partners Inc. 310K $4.2M
K.J. Harrison & Partners Inc 53K $706,955
Brevan Howard Capital Management LPHedge fund 15K $202,362
Engineers Gate Manager LPHedge fund 14K $193,195
HSBC Holdings PLC 12K $167,207
Toronto Dominion Bank 8,723 $117,000
Acadian Asset Management LLCActive manager 1,675 $22,000
Blackrock, Inc.Index funds 1,005 $13,547
Jones Financial Companies LLLP 50 $666

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
70
Ten largest holders
65.5%
of 13F-reported shares
Index fund managers
0.1%
of 13F-reported shares
Active managers and hedge funds
22.0%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 14 7 2 3 +791K +28.2%
Index fund managers 0 2 0 1 −3,182 −22.0%
Other institutions 30 19 4 7 −1.3M −9.4%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

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