$NOA

$11.99 -$0.55 (4.39%) Close

$NOA Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Ownership

13F as of Q2 2026 · 28.8M shares outstanding

Who owns NOA?

By type of holder

Institutions 56.7% Everyone else 43.3%

No insider has reported a holding in the last two years, so insiders are counted in "Everyone else".

Concentration Top 10 holders own 37.2%

Bank Of Montreal /can/ 4.9% · Claret Asset Management Corp 7.1%

Institutional ownership

56.7%

-2.2 pts vs last qtr

Institutional holders

-7 vs last qtr

Net shares bought

−628.4K

by institutions in Q2 2026

New / sold out

6 / 13

positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026

Morgan Stanley +574.7K
Arrowstreet Capital, Limited Partnership +269.6K

Biggest sellers in Q2 2026

Bank Of Montreal /can/ −1.5M
Alberta Investment Management Corp SOLD OUT −422.5K

Who is planning to sell?

No insider has filed a notice of proposed sale (Form 144) for North American Construction Group Ltd in the last 12 months.

Is your stake being diluted?

Diluted share count, FY2016–FY2025

+7.7%

+0.83% a year

Each share's claim on the business

−7.1%

shrank without buying or selling a share

Spent on buybacks vs paid in stock

CAD 136M vs CAD 74.3M

over 10 fiscal years

Diluted shares, split-adjusted

Buybacks Stock-based comp

How patient are the owners?

Institutional shares by how long they've been held

5+ years50% 3–5 years19% 1–3 years11% Under 1 year19%

Quarterly turnover

16.3%

of institutional shares changed hands

Top 10 managers, median time held

5 years

Super Investors

Investment managers reporting NOA on Form 13F

Holder	Shares	% of company	Change vs last qtr	Held since	% of their book
BO Bank Of Montreal /can/	1.4M	4.93%	−1.5M (−50.9%)	≤2021	0.0%
Shares held by quarter Peak holding2.9M (Q1'26) Change over 8 quarters−733.6K Share of the company4.930% Bank Of Montreal /can/'s full portfolio →
CA Claret Asset Management Corp	2.0M	7.07%	−10.6K (−0.5%)	≤2021	2.9%
Shares held by quarter Peak holding2.1M (Q2'25) Change over 8 quarters+30.6K Share of the company7.070% Claret Asset Management Corp's full portfolio →

Bank Of Montreal /can/

1.4M

% of company

4.93%

Change vs last qtr

−1.5M (−50.9%)

Held since

≤2021

Claret Asset Management Corp

2.0M

% of company

7.07%

Change vs last qtr

−10.6K (−0.5%)

Held since

≤2021

28 more super investors behind a free account

See every manager holding North American Construction Group Ltd, how their position has changed, and how long they've held it.

Institutional Funds

Mutual funds and ETFs reporting NOA on Form N-PORT; together they hold 8.0% of the company

Fund	Position value	Shares	% of company	% of the fund	As of
AV Aegis Value Fund Aegis Funds	$13.4M	1.0M	3.49%	1.18%	June 30, 2026
AI Avantis International Small Cap Value ETF American Century ETF Trust	$8.09M	603.3K	2.09%	0.04%	August 31, 2026

Aegis Value Fund

Aegis Funds

Position value

$13.4M

% of company

3.49%

% of the fund

1.18%

As of

June 30, 2026

Avantis International Small Cap Value ETF

American Century ETF Trust

Position value

$8.09M

% of company

2.09%

% of the fund

0.04%

As of

August 31, 2026

23 more funds behind a free account

See every fund holding North American Construction Group Ltd and how much of the fund the position is.

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