NORTHWESTERN MUTUAL LIFE INSURANCE CO purchased 6.04M shares of CION ARES DIVERSIFIED CREDIT FUND on the open market
Open‑market purchase worth $151.00M. The strongest form of insider conviction signal.
Series F Mandatory Redeemable Preferred Shares
Shares
+1.24M
Price / share
$25.00
Trade value
$31M
% of position
Series G Mandatory Redeemable Preferred Shares
Shares
+400K
Price / share
$25.00
Trade value
$10M
% of position
Series H Mandatory Redeemable Preferred Shares
Shares
+1.68M
Price / share
$25.00
Trade value
$42M
% of position
Series J Mandatory Redeemable Preferred Shares
Shares
+720K
Price / share
$25.00
Trade value
$18M
% of position
Series K Mandatory Redeemable Preferred Shares
Shares
+2M
Price / share
$25.00
Trade value
$50M
% of position
Net shares
+6.04M
Net value
$151M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Series F Mandatory Redeemable Preferred Shares Direct | 1/15/2025 | P · Purchase | +1.24M | $25.00 | $31M | New position | 0.00 | 1.24M |
| Series G Mandatory Redeemable Preferred Shares Direct | 1/15/2025 | P · Purchase | +400K | $25.00 | $10M | New position | 0.00 | 400K |
| Series H Mandatory Redeemable Preferred Shares Direct | 1/15/2025 | P · Purchase | +1.68M | $25.00 | $42M | New position | 0.00 | 1.68M |
| Series J Mandatory Redeemable Preferred Shares Direct | 1/15/2025 | P · Purchase | +720K | $25.00 | $18M | New position | 0.00 | 720K |
| Series K Mandatory Redeemable Preferred Shares Direct | 1/15/2025 | P · Purchase | +2M | $25.00 | $50M | New position | 0.00 | 2M |
| Total | +6.04M | $151M | ||||||