THRIVENT FINANCIAL FOR LUTHERANS purchased 800K shares of CION ARES DIVERSIFIED CREDIT FUND on the open market
Open‑market purchase worth $20.00M. The strongest form of insider conviction signal.
P · 1 purchase
Filed: 5/23/2024ACC: 0000314984-24-000027
→
10% Owner
Since Sep 2021
+800K
Net shares
Net buyer
$20.00M
Total acquired
1
Open market trades
1B · 0S
1
Total transactions
800K acquired
Non-Derivative Transactions1
Series H Mandatory Redeemable Preferred Shares
Direct
Shares
+800K
Price / share
$25.00
Trade value
$20M
% of position
New position
5/22/2024
0.00→800K
Total
Net shares
+800K
Net value
$20M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Series H Mandatory Redeemable Preferred Shares Direct | 5/22/2024 | P · Purchase | +800K | $25.00 | $20M | New position | 0.00 | 800K |
| Total | +800K | $20M | ||||||
Derivative Transactions0
No derivative transactions reported
Non-Derivative Holdings (Post-Transaction)4
Series F Mandatory Redeemable Preferred Shares
DirectShares owned600K
Series E Mandatory Redeemable Preferred Shares
DirectShares owned360K
Series C Mandatory Redeemable Preferred Shares
DirectShares owned640K
Series B Mandatory Redeemable Preferred Shares
DirectShares owned1M
Total
2.60M direct2.60M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Series F Mandatory Redeemable Preferred Shares | 600K | Direct |
| Series E Mandatory Redeemable Preferred Shares | 360K | Direct |
| Series C Mandatory Redeemable Preferred Shares | 640K | Direct |
| Series B Mandatory Redeemable Preferred Shares | 1M | Direct |
| Total | 2.60M | 2.60M direct |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported