North American Construction Group Ltd.
North American Construction Group Ltd. (NOA) Stock Ownership
Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.
SEC 13F · FMP · NOA · as of Sep 30, 2025
Ownership Breakdown
73
Institutional Holders
▼ 4 vs Q2
$219.48M
Total Inst. Value
▼ $45.12M vs Q2
28.52M
Shares Outstanding
freeFloat 88.60%
15.39M
13F Shares Held
▼ 1.16M vs Q2
Institutional ownership = 13F shares ÷ total outstanding. Insider % = 100 − free float. Public % = free float − institution %. Data: FMP /symbol-positions-summary + /shares-float + SEC EDGAR.
Top Institutional Holders
NOA largest shareholders · institutional ownership
Q3 2025 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
BANK OF MONTREAL /CAN/ oil & gas field services, nec | 2.70M | 9.21% | 9.21% | $38.41B | Nov 13, 2025 | ▲ 459.8K |
CLARET ASSET MANAGEMENT CORP oil & gas field services, nec | 2.04M | 6.96% | 6.96% | $29.00B | Nov 13, 2025 | ▼ 22.4K |
NATIONAL BANK OF CANADA /FI/ oil & gas field services, nec | 1.32M | 4.51% | 4.51% | $18.70B | Nov 14, 2025 | ▼ 70.8K |
CANNELL CAPITAL LLC oil & gas field services, nec | 1.30M | 4.44% | 4.44% | $18.52B | Nov 14, 2025 | ▼ 243.3K |
CIBC ASSET MANAGEMENT INC oil & gas field services, nec | 1.18M | 4.02% | 4.02% | $16.76B | Oct 31, 2025 | ▲ 393.7K |
POLAR ASSET MANAGEMENT PARTNERS INC. oil & gas field services, nec | 921.7K | 3.14% | 3.14% | $13.09B | Dec 1, 2025 | ▼ 745.6K |
AEGIS FINANCIAL CORP oil & gas field services, nec | 841.9K | 2.87% | 2.87% | $11.96B | Nov 12, 2025 | NEW |
GOLDMAN SACHS GROUP INC oil & gas field services, nec | 482.1K | 1.64% | 1.64% | $6.85B | Nov 14, 2025 | ▲ 6.9K |
AMERICAN CENTURY COMPANIES INC oil & gas field services, nec | 455.6K | 1.55% | 1.55% | $6.47B | Nov 12, 2025 | ▲ 121.3K |
CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. oil & gas field services, nec | 350.1K | 1.19% | 1.19% | $4.97B | Nov 13, 2025 | ▼ 75.0K |
Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).
Institutional Activity
Q3 2025 vs prior quarter
Q3 2025
14
Increased
+1.73M shares5
New Positions
first time holders24
Decreased
−3.41M shares0
Sold Out
fully exitedNet shares change (top 50)
1.68M
+1.73M / −3.41M
Net new holders
-5
5 new / 0 exited
Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).
Insider Buying vs Selling
NOA insider trading · insider activity
Source: SEC Form 4
Insiders have been net buyers of shares recently. Selling may be driven by pre-scheduled Rule 10b5-1 plans rather than negative sentiment.
2
Buy transactions
0
Sell transactions
0.00
Buy/Sell ratio
$0M
Total disposed
Recent Insider Transactions
Showing 10 most recent · Common Stock only
| Name · Role | Date | Type | Shares | Price | Value | After Trans. | Filing |
|---|---|---|---|---|---|---|---|
CANNELL CAPITAL LLC 10 percent owner | Nov 1, 2018 | Sale | 10,830 | $11.47 | $124.2K | 2.76M | Form 4 ↗ |
CANNELL CAPITAL LLC 10 percent owner | Nov 2, 2018 | Sale | 71,087 | $11.42 | $811.8K | 2.69M | Form 4 ↗ |
CANNELL CAPITAL LLC 10 percent owner | Oct 4, 2018 | Sale | 99,854 | $11.04 | $1.10M | 2.93M | Form 4 ↗ |
CANNELL CAPITAL LLC 10 percent owner | Oct 5, 2018 | Sale | 9,692 | $11.75 | $113.9K | 2.92M | Form 4 ↗ |
CANNELL CAPITAL LLC 10 percent owner | Oct 8, 2018 | Sale | 146,085 | $12.28 | $1.79M | 2.78M | Form 4 ↗ |
CANNELL CAPITAL LLC 10 percent owner | Oct 9, 2018 | Sale | 3,250 | $12.56 | $40.8K | 2.78M | Form 4 ↗ |
CANNELL CAPITAL LLC 10 percent owner | Apr 3, 2018 | Purchase | 120 | $5.22 | $626.196 | 3.03M | Form 4 ↗ |
CANNELL CAPITAL LLC 10 percent owner | Apr 2, 2018 | Purchase | 10,000 | $5.16 | $51.6K | 3.03M | Form 4 ↗ |
CANNELL CAPITAL LLC 10 percent owner | Mar 28, 2018 | Purchase | 1,700 | $5.21 | $8.9K | 3.02M | Form 4 ↗ |
CANNELL CAPITAL LLC 10 percent owner | Mar 27, 2018 | Purchase | 17,300 | $5.25 | $90.9K | 3.02M | Form 4 ↗ |
Source: /insider-trading/search (FMP stable). Buy/Sell direction: acquisitionOrDisposition A=Buy, D=Sell. RSU vesting (M-Exempt) excluded from sentiment bar. All data from SEC EDGAR public filings.
About institutional & insider ownership
North American Construction Group Ltd. (NOA) is primarily owned by institutional investors, who hold approximately 54.0% of total shares outstanding. Company insiders own approximately 11.40%, while retail and public investors account for the remaining 34.64%.
The largest institutional shareholder of North American Construction Group Ltd. is BANK OF MONTREAL /CAN/, holding approximately 2.70 million shares — equal to 9.21% of outstanding shares — as of September 30, 2025.
A total of 73 institutional investors currently hold NOA stock, with a combined institutional value of approximately $219,484,255 as of the most recent 13F filing period.
Frequently asked questions
NOA ownershipNorth American Construction Group Ltd. (NOA) is primarily owned by institutional investors, who hold approximately 54.0% of shares. The largest shareholder is BANK OF MONTREAL /CAN/ with a 9.21% stake. Company insiders hold 11.40%. Data sourced from SEC Form 13F as of September 30, 2025.