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North American Financial 15 Split Corp T.FFN

Alternate Symbol(s):  FNCSF

North American Financial 15 Split Corp. is a Canada-based mutual fund corporation, which invests in a portfolio of over 15 financial services companies. It offers two types of shares, such as Preferred Shares and Class A Shares. Its investment objectives with respect to preferred shares are to provide holders of preferred shares with cumulative preferential monthly cash dividends in the amount of over 5.5% annually and to pay the holders of the preferred shares a certain price per preferred share on or about the termination date. Its investment objectives with respect to class A shares are to provide holders of class A shares with regular monthly cash distributions and to permit holders to participate in all growth in the net asset value of the Company for a specific price per unit, by paying holders on or about the termination date such amounts as remain in the Company after paying a specific price per preferred share. Its investment manager is Quadravest Capital Management Inc.


TSX:FFN - Post by User

Post by mousermanon Oct 17, 2024 2:35pm
207 Views
Post# 36270379

ANON turns to selling /taking profits..

ANON turns to selling /taking profits..Not sure if the point of their buying was knowing that it would continue up until retraction date. If there is still a big discount  when that date arrives, then you can tender your shares for retraction at the NAV value.
House Positions for C:FFN from 20241017 to 20241017
House Bought $Val Ave Sold $Val Ave Net $Net
88 Credential 35,368 234,485 6.63 500 3,325 6.65 34,868 -231,160
79 CIBC 81,556 541,150 6.635 51,800 343,413 6.63 29,756 -197,737
85 Scotia 21,152 140,477 6.641 11,888 78,902 6.637 9,264 -61,575
22 Fidelity 7,600 50,156 6.599 0   7,600 -50,156
33 Canaccord 4,000 26,560 6.64 0   4,000 -26,560
2 RBC 90,757 601,666 6.629 87,916 583,077 6.632 2,841 -18,589
39 Merrill Lynch 29,000 192,006 6.621 27,716 184,126 6.643 1,284 -7,880
124 Questrade 2,488 16,458 6.615 1,369 9,071 6.626 1,119 -7,387
28 CI 515 3,414 6.629 0   515 -3,414
13 Instinet 4,900 32,434 6.619 4,800 31,812 6.628 100 -622
14 Virtu ITG 0   40 265 6.625 -40 265
57 Interactive 907 6,042 6.662 950 6,300 6.632 -43 258
5 Citadel 276 1,832 6.638 495 3,294 6.655 -219 1,462
83 Research Cap 0   500 3,325 6.65 -500 3,325
84 ITG84 267 1,767 6.618 773 5,135 6.643 -506 3,368
89 Raymond James 0   600 3,972 6.62 -600 3,972
9 BMO Nesbitt 7,772 51,519 6.629 8,500 56,375 6.632 -728 4,856
80 National Bank 20,043 132,888 6.63 26,457 175,629 6.638 -6,414 42,741
7 TD Sec 130,068 863,386 6.638 138,439 917,072 6.624 -8,371 53,686
19 Desjardins 17,910 118,876 6.637 32,887 218,515 6.644 -14,977 99,639
1 Anonymous 173,575 1,150,998 6.631 232,524 1,542,512 6.634 -58,949 391,514
TOTAL 628,154 4,166,114 6.632 628,154 4,166,120 6.632 0 6

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