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North American Construction Group Ltd.

NOA
Exchange
NYSE
Industry
Oil & Gas Field Services, NEC
SEC CIK
0001368519

No open-market purchases or sales by North American Construction Group Ltd. insiders were filed in the last 90 days; 71 institutions reported holding it in 13F filings for Q2 2026, worth $218.2M in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in North American Construction Group Ltd. as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
79
+8 vs. Q3 2025
Shares held
16.7M
+1.64M (+10.9%) vs. Q3 2025
Total value
$241.5M
+$26.7M (+12.4%) vs. Q3 2025
New holders
22
30 more added
Sold out
14
15 more reduced

1 institution that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting NOA on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 79 institutions
Q1 2021: 62 institutionsQ2 2021: 70 institutionsQ3 2021: 59 institutionsQ4 2021: 67 institutionsQ1 2022: 68 institutionsQ2 2022: 60 institutionsQ3 2022: 56 institutionsQ4 2022: 61 institutionsQ1 2023: 73 institutionsQ2 2023: 85 institutionsQ3 2023: 91 institutionsQ4 2023: 94 institutionsQ1 2024: 88 institutionsQ2 2024: 86 institutionsQ3 2024: 81 institutionsQ4 2024: 87 institutionsQ1 2025: 85 institutionsQ2 2025: 77 institutionsQ3 2025: 72 institutionsQ4 2025: 79 institutionsQ1 2026: 77 institutionsQ2 2026: 71 institutions
Value heldQ4 2025: $241.5M
Q1 2021: $150.6MQ2 2021: $206.0MQ3 2021: $191.2MQ4 2021: $225.6MQ1 2022: $218.6MQ2 2022: $177.5MQ3 2022: $144.7MQ4 2022: $203.0MQ1 2023: $265.4MQ2 2023: $314.9MQ3 2023: $396.9MQ4 2023: $358.4MQ1 2024: $399.4MQ2 2024: $334.2MQ3 2024: $324.3MQ4 2024: $374.2MQ1 2025: $288.7MQ2 2025: $264.6MQ3 2025: $214.8MQ4 2025: $241.5MQ1 2026: $229.7MQ2 2026: $218.2M
Institutions holding NOA and their total value by quarter
QuarterHoldersValue
Q2 202671$218.2M
Q1 202677$229.7M
Q4 202579$241.5M
Q3 202572$214.8M
Q2 202577$264.6M
Q1 202585$288.7M
Q4 202487$374.2M
Q3 202481$324.3M
Q2 202486$334.2M
Q1 202488$399.4M
Q4 202394$358.4M
Q3 202391$396.9M
Q2 202385$314.9M
Q1 202373$265.4M
Q4 202261$203.0M
Q3 202256$144.7M
Q2 202260$177.5M
Q1 202268$218.6M
Q4 202167$225.6M
Q3 202159$191.2M
Q2 202170$206.0M
Q1 202162$150.6M

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding North American Construction Group Ltd.; share changes are against Q3 2025.

Institutions holding NOA in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Bank of Montreal2,789,384$40.2M0.02%+84,992+3.1%Added
Claret Asset Management Corp2,037,652$29.3M3.40%−4,283−0.2%Reduced
CIBC Asset Management Inc1,442,155$20.8M0.05%+262,673+22.3%Added
National Bank of Canada1,339,706$18.8M0.02%+15,103+1.1%Added
Cannell Capital LLC1,075,307$15.5M9.86%−228,671−17.5%Reduced
Aegis Financial Corp1,038,177$15.0M3.57%+196,243+23.3%Added
Bastion Asset Management Inc.589,794$9.94M5.49%+589,794New
American Century Companies Inc531,181$7.65M0.00%+75,568+16.6%Added
Polar Asset Management Partners Inc.527,336$7.61M0.15%−394,385−42.8%Reduced
Connor, Clark & Lunn Investment Management Ltd.361,200$5.20M0.01%+11,100+3.2%Added
Millennium Management LLC338,866$4.88M0.00%+338,866New
TD Waterhouse Canada Inc.299,322$4.03M0.03%+19,894+7.1%Added
D. E. Shaw & Co., Inc.267,100$3.85M0.00%+250,900+1,548.8%Added
Renaissance Technologies LLC261,200$3.75M0.01%−35,200−11.9%Reduced
Two Sigma Investments, LP248,507$3.57M0.01%+178,127+253.1%Added
Arrowstreet Capital, Limited Partnership243,682$3.51M0.00%+141,627+138.8%Added
Clearbridge Investments, LLC217,287$3.12M0.00%−7,717−3.4%Reduced
CenterBook Partners LP210,273$3.02M0.15%+210,273New
Bank of America Corp201,002$2.89M0.00%+30,638+18.0%Added
Jane Street Group, LLC181,978$2.62M0.00%+181,978New
Goldman Sachs Group Inc172,791$2.48M0.00%−309,295−64.2%Reduced
Orchard Capital Managment, LLC155,101$2.23M1.93%+2,963+1.9%Added
Dimensional Fund Advisors LP147,643$2.12M0.00%−4,874−3.2%Reduced
Timelo Investment Management Inc.140,156$2.01M2.14%−135,300−49.1%Reduced
Morgan Stanley132,470$1.90M0.00%+108,634+455.8%Added
Two Sigma Advisers, LP127,600$1.83M0.00%+30,000+30.7%Added
Quadrature Capital Ltd118,284$1.71M0.02%+118,284New
Intact Investment Management Inc.117,000$1.68M0.05%+92,000+368.0%Added
Point72 Asset Management, L.P.92,493$1.33M0.00%+92,493New
K.J. Harrison & Partners Inc92,142$1.33M0.18%−166,000−64.3%Reduced
NewGen Asset Management Ltd87,699$1.26M0.81%−215,209−71.0%Reduced
Marshall Wace, LLP84,350$1.21M0.00%+84,350New
UBS Group AG84,064$1.21M0.00%+24,827+41.9%Added
Credit Agricole S A75,600$1.09M0.00%+75,600New
SkyView Investment Advisors, LLC73,616$1.06M0.13%+955+1.3%Added
Citadel Advisors LLC72,828$1.05M0.00%+52,246+253.8%Added
Renaissance Group LLC67,775$973.9K0.04%+19,541+40.5%Added
Royal Bank of Canada51,731$743.0K0.00%−78,665−60.3%Reduced
Intrinsic Edge Capital Management LLC50,000$718.5K0.14%+50,000New
Federation des caisses Desjardins du Quebec52,559$706.8K0.00%+28,786+121.1%Added
Resources Investment Advisors, LLC.40,355$579.9K0.01%−160.0%Reduced
Susquehanna International Group, LLP36,192$520.1K0.00%+2,828+8.5%Added
TD Asset Management Inc34,555$498.1K0.00%+1,178+3.5%Added
BlackRock, Inc.30,059$431.9K0.00%+27,364+1,015.4%Added
Freestone Capital Holdings, LLC27,500$395.2K0.01%00.0%Unchanged
Mackenzie Financial Corp25,836$367.8K0.00%+9,981+63.0%Added
PharVision Advisers, LLC21,662$311.3K0.16%+21,662New
MAI Capital Management21,560$309.8K0.00%00.0%Unchanged
Boothbay Fund Management, LLC20,715$297.7K0.01%+4,006+24.0%Added
JB Capital Partners LP20,000$287.4K0.05%00.0%Unchanged
Brevan Howard Capital Management LP19,110$274.6K0.01%+19,110New
Trexquant Investment LP18,101$260.1K0.00%+18,101New
JustInvest LLC16,660$239.4K0.00%+3,585+27.4%Added
HSBC Holdings PLC16,397$235.1K0.00%+16,397New
Lazard Asset Management LLC16,170$232.4K0.00%+3,718+29.9%Added
Russell Investments Group, Ltd.16,055$231.4K0.00%00.0%Unchanged
Tranquility Partners, LLC15,777$226.7K0.08%−339−2.1%Reduced
CIBC World Markets Inc.15,099$217.4K0.00%−60,616−80.1%Reduced
Savant Capital, LLC14,940$214.7K0.00%+14,940New
Burney Co13,503$194.0K0.01%−8,100−37.5%Reduced
Schonfeld Strategic Advisors LLC13,247$190.4K0.00%+13,247New
Stephens Inc13,211$189.8K0.00%+13,211New
Qube Research & Technologies Ltd11,820$169.9K0.00%+1,016+9.4%Added
Dynamic Technology Lab Private Ltd11,495$165.0K0.04%+11,495New
Highlander Partners, L.P.9,186$132.0K0.05%+9,186New
JPMorgan Chase & Co9,105$130.8K0.00%+9,105New
Natixis8,910$127.8K0.00%00.0%Unchanged
Toronto Dominion Bank8,723$126.0K0.00%00.0%Unchanged
CWM, LLC2,008$29.0K0.00%00.0%Unchanged
Barclays PLC1,620$23.3K0.00%+1,602+8,900.0%Added
Quarry LP1,600$23.0K0.00%+1,600New
BNP Paribas Arbitrage, SA760$10.9K0.00%+760New
LRI Investments, LLC332$4.77K0.00%00.0%Unchanged
Rockefeller Capital Management L.P.300$4.31K0.00%00.0%Unchanged
Advisor Group Holdings, Inc.261$3.75K0.00%+61+30.5%Added
Larson Financial Group LLC261$3.75K0.00%+261New
WealthCollab, LLC156$2.24K0.00%00.0%Unchanged
Bell Investment Advisors, Inc47$6760.00%00.0%Unchanged
Manchester Capital Management LLC12$1730.00%00.0%Unchanged
Stifel Financial Corp0$00.00%−79,432−100.0%Sold out
Swiss National Bank0$00.00%−51,300−100.0%Sold out
Envestnet Asset Management Inc0$00.00%−48,246−100.0%Sold out
Legal & General Group Plc0$00.00%−22,919−100.0%Sold out
Vanguard Group Inc0$00.00%−21,961−100.0%Sold out
Nuveen, LLC0$00.00%−19,243−100.0%Sold out
Campbell & CO Investment Adviser LLC0$00.00%−15,846−100.0%Sold out
Public Employees Retirement System of Ohio0$00.00%−10,307−100.0%Sold out
Zurcher Kantonalbank (Zurich Cantonalbank)0$00.00%−4,711−100.0%Sold out
Simplex Trading, LLC0$00.00%−2,174−100.0%Sold out
Deutsche Bank AG0$00.00%−1,251−100.0%Sold out
Citigroup Inc0$00.00%−1,072−100.0%Sold out
CoreCap Advisors, LLC0$00.00%−700−100.0%Sold out
Northwestern Mutual Wealth Management Co0$00.00%−51−100.0%Sold out
Shell Asset Management Co––––Not filed