THRIVENT FINANCIAL FOR LUTHERANS purchased 70.3% of their position (450K shares) of CION ARES DIVERSIFIED CREDIT FUND on the open market
Open‑market purchase worth $10.52M — a major conviction buy. The strongest form of insider conviction signal.
P · 1 purchase
Filed: 7/8/2026ACC: 0000314984-26-000016
→
10% Owner
Since Sep 2021
+450K
Net shares
Net buyer
$10.52M
Total acquired
1
Open market trades
1B · 0S
1
Total transactions
450K acquired
Non-Derivative Transactions1
Mandatory Redeemable Preferred Shares, Series C
Direct
Shares
+450K
Price / share
$23.38
Trade value
$10.52M
% of position
70.3%
7/6/2026
640K→1.09M
Total
Net shares
+450K
Net value
$10.52M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Mandatory Redeemable Preferred Shares, Series C Direct | 7/6/2026 | P · Purchase | +450K | $23.38 | $10.52M | 70.3% | 640K | 1.09M |
| Total | +450K | $10.52M | ||||||
Derivative Transactions0
No derivative transactions reported
Non-Derivative Holdings (Post-Transaction)3
Mandatory Redeemable Preferred Shares, Series E
DirectShares owned360K
Mandatory Redeemable Preferred Shares, Series B
DirectShares owned1M
Mandatory Redeemable Preferred Shares, Series H
DirectShares owned800K
Total
2.16M direct2.16M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Mandatory Redeemable Preferred Shares, Series E | 360K | Direct |
| Mandatory Redeemable Preferred Shares, Series B | 1M | Direct |
| Mandatory Redeemable Preferred Shares, Series H | 800K | Direct |
| Total | 2.16M | 2.16M direct |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported