CION β€” CION INVT CORP

Ownership history in North Ground Capital  Β·  5 quarters on record

This page tracks every 13F SEC filing in which North Ground Capital reported a position in CION INVT CORP (CION). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
6.13% (2025 Q2)
πŸ“Š Avg. % of fund
5.66%
πŸ“… First filed
2024 Q4
πŸ“… Last filed
2025 Q4
⏱ Quarters held
5

Position Intelligence

North Ground Capital Γ— CION AI Analytics

πŸ“‰ North Ground Capital underperformed the S&P 500 by –19.2% annually on this CION position. Timing score: 25% (1/4 decisions correct). Average cost basis: $9.14. Maximum drawdown during holding period: –9.9%.

πŸ“ˆ Position Alpha vs SPY
-19.2%
annualised excess return

❌ Significantly underperformed the S&P 500 by 19.2% ann.
4 quarters analyzed

⏱️ Timing Score
25%

⚠️ Poor timing β€” buys often preceded drops, trims preceded rallies.
1 of 4 add/trim decisions correct

πŸ’° Entry Quality
$9.14
+2.0% vs current ($9.32)

Best entry: $8.82 (2025 Q3)  Β·  Worst: $9.54 (2024 Q4)

πŸ›‘οΈ Drawdown Resilience
–9.9%
max drawdown while held

πŸ’Ž No drawdown exceeding 20% during the holding period β€” exceptionally stable.

πŸ’ͺ Fund Conviction
80%
buy-side decisions

4 adds Β· 1 trim. Bought during 1 of 2 down-price quarters. πŸ‚ Consistently bullish β€” fund kept accumulating this position.

πŸ“‘ Position Trajectory
β†’ Stable
last 4–5 quarters trend

βš–οΈ Portfolio weight has remained relatively stable β€” conviction maintained.
Currently 5.22% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    CION price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 5 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q4 ADDED 1,086,992 +84,214 +8.4% 5.22% $10.5M $9.32
2025 Q3 ADDED 1,002,778 +502,778 +100.6% 5.83% $9.5M $8.82
2025 Q2 REDUCED 500,000 -81,100 -14.0% 6.13% $4.8M $8.60
2025 Q1 ADDED 581,100 +159,299 +37.8% 5.94% $5.8M $8.96
2024 Q4 INITIATED 421,801 β€” β€” 5.18% $4.8M $9.54
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