NOANYSEOil & Gas Field Services, NECFiscal year ends December 31
North American Construction Group Ltd.
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 40-F on Mar 12, 2026
$11.43−0.16 (-1.38%)
Close on Oct 19, 2026
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
56.8%
16M of 29M shares
Institutional holders
70
6 new, 11 sold out
Net institutional buying
-1M
In Q2 2026
Insider trades, 12 months
0 buys · 0 sales
Open-market trades only
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Bank of Montreal | 3,293,250 | 10.73% | 13G (passive) | May 31, 2025 |
| Claret Asset Management Corporation | 2,081,884 | 7.47% | 13G (passive) amendment | Dec 31, 2024 |
| J. Carlo Cannell | 1,700,444 | 6.12% | 13G (passive) amendment | Dec 31, 2024 |
| Cannell J Carlo | 1,547,321 | 5.10% | 13G (passive) | Jun 30, 2025 |
| Bank Of Montreal Holding Inc. | 1,426,358 | 5.05% | 13G (passive) amendment | Jun 30, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of NOA | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Claret Asset Management Corp | 2,036,893 | 7.07% | $27.09K | −10,550 | 2.92% |
| Bank Of Montreal /Can/ | 1,420,790 | 4.93% | $18.87M | −1,470,906 | 0.01% |
| National Bank Of Canada /Fi/ | 1,396,384 | 4.84% | $18.56M | +44,419 | 0.01% |
| CIBC Asset Management Inc | 1,354,606 | 4.70% | $18.17M | −107,262 | 0.04% |
| Aegis Financial Corp | 1,038,177 | 3.60% | $13.80M | – | 2.18% |
| Cannell Capital LLC | 783,691 | 2.72% | $10.42M | −179,040 | 6.99% |
| Morgan Stanley | 766,612 | 2.66% | $10.20M | +574,673 | 0.00% |
| Arrowstreet Capital, Limited Partnership | 672,043 | 2.33% | $8.93M | +269,630 | 0.00% |
| American Century Companies Inc | 635,087 | 2.20% | $8.45M | +43,178 | 0.00% |
| Connor, Clark & Lunn Investment Management Ltd. | 604,396 | 2.10% | $8.03M | +16,956 | 0.02% |
| Goldman Sachs Group Inc | 442,851 | 1.54% | $5.89M | +190,512 | 0.00% |
| Two Sigma Investments, LP | 411,820 | 1.43% | $5.48M | +98,947 | 0.00% |
| Simcoe Capital LLC | 393,867 | 1.37% | $5.24M | +232,337 | 3.19% |
| D. E. Shaw & Co., Inc. | 382,900 | 1.33% | $5.09M | +111,300 | 0.00% |
| TD Waterhouse Canada Inc. | 329,224 | 1.14% | $4.25M | +3,737 | 0.01% |
| Dimensional Fund Advisors LP | 269,536 | 0.94% | $3.58M | +69,288 | 0.00% |
| Renaissance Technologies LLC | 247,000 | 0.86% | $3.29M | −6,500 | 0.00% |
| Intact Investment Management Inc. | 244,300 | 0.85% | $3.25M | +36,300 | 0.09% |
| Clearbridge Investments, LLC | 244,091 | 0.85% | $3.25M | −2,133 | 0.00% |
| Quadrature Capital Ltd | 236,300 | 0.82% | $3.14M | +101,156 | 0.03% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 70 | 16M | 56.8% | 6 / 38 | 17 / 11 | 2M | 3M |
| Q1 2026 | 77 | 17M | 58.9% | 12 / 34 | 23 / 14 | 2M | 2M |
| Q4 2025 | 79 | 17M | 58.1% | 22 / 30 | 15 / 14 | 4M | 2M |
| Q3 2025 | 72 | 15M | 52.3% | 9 / 16 | 30 / 14 | 3M | 4M |
| Q2 2025 | 77 | 17M | 58.6% | 9 / 25 | 28 / 15 | 2M | 3M |
| Q1 2025 | 85 | 18M | 63.5% | 12 / 24 | 31 / 13 | 2M | 3M |
| Q4 2024 | 87 | 19M | 66.2% | 12 / 39 | 20 / 5 | 4M | 2M |
| Q3 2024 | 81 | 17M | 60.2% | 5 / 30 | 33 / 9 | 2M | 2M |
| Q2 2024 | 86 | 17M | 60.0% | 7 / 34 | 28 / 7 | 2M | 2M |
| Q1 2024 | 88 | 18M | 62.4% | 9 / 33 | 32 / 15 | 3M | 3M |
| Q4 2023 | 94 | 17M | 59.7% | 15 / 28 | 37 / 11 | 1M | 2M |
| Q3 2023 | 91 | 18M | 63.1% | 15 / 36 | 23 / 8 | 3M | 1M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of NOA | Value | % of fund | As of |
|---|---|---|---|---|---|
| Aegis Value Fund | 1,005,817 | 3.49% | $9.43M | 1.18% | Jun 30, 2026 |
| Avantis International Small Cap Value ETF | 577,128 | 2.00% | $5.79M | 0.04% | May 31, 2026 |
| The Canadian Small Company Series | 121,746 | 0.42% | $1.18M | 0.08% | Jul 31, 2026 |
| Dfa International Small Cap Value Portfolio | 104,468 | 0.36% | $1.42M | 0.01% | Jul 31, 2026 |
| Auer Growth | 100,000 | 0.35% | $1.38M | 1.76% | May 31, 2026 |
| International Core Equity 2 Portfolio | 84,700 | 0.29% | $822.78K | 0.00% | Jul 31, 2026 |
| Dimensional International Small Cap Value ETF | 34,481 | 0.12% | $468.94K | 0.01% | Jul 31, 2026 |
| The Canadian Small Company Series | 29,952 | 0.10% | $407.35K | 0.02% | Jul 31, 2026 |
| Dimensional International Core Equity Market ETF | 29,455 | 0.10% | $285.72K | 0.00% | Jul 31, 2026 |
| State Street(R) SPDR(R) S&P(R) International Small Cap ETF | 21,641 | 0.08% | $202.77K | 0.03% | Jun 30, 2026 |
| Dimensional World ex. U.S. Core Equity 2 ETF | 19,752 | 0.07% | $191.60K | 0.00% | Jul 31, 2026 |
| International Core Equity 2 Portfolio | 17,602 | 0.06% | $239.39K | 0.00% | Jul 31, 2026 |
| Avantis International Small Cap Value Fund | 14,249 | 0.05% | $143.04K | 0.03% | May 31, 2026 |
| Dimensional International Core Equity 2 ETF | 14,218 | 0.05% | $193.36K | 0.00% | Jul 31, 2026 |
| International Vector Equity Portfolio | 13,226 | 0.05% | $179.87K | 0.00% | Jul 31, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Capital Llc Cannell 10% owner | Apr 3, 2018 | Buy | +120 | $5.22 | $626 | 3,034,168 |
| Capital Llc Cannell 10% owner | Apr 2, 2018 | Buy | +10,000 | $5.16 | $51.60K | 3,034,048 |
| Capital Llc Cannell 10% owner | Mar 28, 2018 | Buy | +1,700 | $5.21 | $8.86K | 3,024,048 |
| Capital Llc Cannell 10% owner | Mar 27, 2018 | Buy | +17,300 | $5.25 | $90.83K | 3,022,348 |
| Capital Llc Cannell 10% owner | Mar 26, 2018 | Buy | +2,057 | $5.22 | $10.74K | 3,005,048 |
| Capital Llc Cannell 10% owner | Mar 22, 2018 | Buy | +300 | $5.26 | $1.58K | 3,002,991 |
| Capital Llc Cannell 10% owner | Mar 19, 2018 | Buy | +1,500 | $5.20 | $7.80K | 3,002,691 |
| Capital Llc Cannell 10% owner | Mar 16, 2018 | Buy | +16,772 | $5.33 | $89.39K | 3,001,191 |
| Capital Llc Cannell 10% owner | Mar 15, 2018 | Buy | +24,173 | $5.24 | $126.67K | 2,984,419 |
| Capital Llc Cannell 10% owner | Mar 14, 2018 | Buy | +13,517 | $5.29 | $71.50K | 2,960,246 |
| Capital Llc Cannell 10% owner | Mar 9, 2018 | Buy | +7,900 | $5.01 | $39.58K | 2,946,729 |
| Capital Llc Cannell 10% owner | Jan 11, 2018 | Buy | +2,700 | $4.79 | $12.93K | 2,938,829 |
| Capital Llc Cannell 10% owner | Dec 12, 2017 | Buy | +11,448 | $4.26 | $48.77K | 2,936,129 |
| Capital Llc Cannell 10% owner | Dec 11, 2017 | Buy | +20,685 | $4.25 | $87.91K | 2,924,681 |
| Capital Llc Cannell 10% owner | Dec 7, 2017 | Buy | +3,440 | $4.26 | $14.65K | 2,903,996 |
| Capital Llc Cannell 10% owner | Dec 6, 2017 | Buy | +2,176 | $4.26 | $9.27K | 2,900,556 |
| Asset Management Partners Inc. Polar 10% owner | May 17, 2016 | Sale | −513,300 | $3.39 | $1.74M | 2,719,757 |
| Capital Llc Cannell 10% owner | Mar 21, 2016 | Sale | −721,096 | $1.97 | $1.42M | 2,891,420 |
| Capital Llc Cannell 10% owner | Mar 8, 2016 | Sale | −14,061 | $1.81 | $25.45K | 3,612,516 |
| Capital Llc Cannell 10% owner | Feb 19, 2016 | Sale | −14,800 | $1.62 | $23.98K | 3,626,577 |
| Capital Llc Cannell 10% owner | Feb 18, 2016 | Sale | −17,628 | $1.62 | $28.56K | 3,641,377 |
| Capital Llc Cannell 10% owner | Feb 17, 2016 | Sale | −7,870 | $1.63 | $12.83K | 3,659,005 |
| Capital Llc Cannell 10% owner | Nov 9, 2015 | Buy | +500 | $2.00 | $1.00K | 3,666,875 |
| Capital Llc Cannell 10% owner | Nov 4, 2015 | Buy | +10,800 | $1.99 | $21.49K | 3,666,375 |
| Capital Llc Cannell 10% owner | Sep 18, 2015 | Buy | +300 | $1.98 | $594 | 3,655,575 |
| Capital Llc Cannell 10% owner | Sep 14, 2015 | Buy | +13,100 | $2.00 | $26.20K | 3,655,275 |
| Capital Llc Cannell 10% owner | Sep 10, 2015 | Buy | +4,600 | $1.99 | $9.15K | 3,642,175 |
| Capital Llc Cannell 10% owner | Aug 27, 2015 | Buy | +200 | $1.99 | $398 | 3,637,575 |
| Capital Llc Cannell 10% owner | Aug 26, 2015 | Buy | +15,000 | $1.99 | $29.85K | 3,637,375 |
| Capital Llc Cannell 10% owner | Aug 25, 2015 | Buy | +2,200 | $1.85 | $4.07K | 3,622,375 |
| Capital Llc Cannell 10% owner | Aug 24, 2015 | Buy | +17,987 | $1.70 | $30.58K | 3,620,175 |
| Capital Llc Cannell 10% owner | Aug 13, 2015 | Buy | +5,000 | $2.00 | $10.00K | 3,602,188 |
| Capital Llc Cannell 10% owner | Aug 12, 2015 | Buy | +4,700 | $2.10 | $9.87K | 3,597,188 |
| Capital Llc Cannell 10% owner | Aug 11, 2015 | Buy | +20,000 | $2.09 | $41.80K | 3,592,488 |
| Capital Llc Cannell 10% owner | Aug 7, 2015 | Buy | +4,500 | $2.00 | $9.00K | 3,572,488 |
| Capital Llc Cannell 10% owner | Aug 7, 2015 | Buy | +4,500 | $2.01 | $9.04K | 3,529,552 |
| Capital Llc Cannell 10% owner | Aug 6, 2015 | Buy | +15,500 | $1.76 | $27.28K | 3,567,988 |
| Capital Llc Cannell 10% owner | Aug 6, 2015 | Buy | +15,500 | $1.77 | $27.44K | 3,525,052 |
| Capital Llc Cannell 10% owner | Aug 5, 2015 | Buy | +43,700 | $1.76 | $76.91K | 3,552,488 |
| Capital Llc Cannell 10% owner | Aug 5, 2015 | Buy | +39,293 | $1.77 | $69.55K | 3,509,552 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.