CADEX CION Ares Diversified Credit Fund Insider Trading

Financial For Lutherans Thrivent purchases 450,000 shares of CADEX at $23.38 for $10.5M, raising holdings to 1.09M shares (+70.3%).

On 2026-07-06, Financial For Lutherans Thrivent executed a substantial open-market purchase of 450,000 shares of CION Ares Diversified Credit Fund (CADEX) at $23.38 per share, totaling $10,521,000.00. This acquisition increases the insider's position from 640,000 shares to 1,090,000 shares, representing a +70.3% increase in holdings. The purchase follows a prior buy at CADEX on 2024-05-22, though outcomes on that earlier trade remain unmeasurable. Across the insider's full trading history, there are 5 prior open-market buys on record; timing patterns on the CADEX transactions are not yet determinable pending future price performance.

Northwestern Mutual (10% owner) purchased 6,040,000 shares for $151,000,000.00 in 5 separate transactions

Northwestern Mutual Life Insurance Co, a 10% shareholder of CION Ares Diversified Credit Fund, executed five separate purchases totaling 6,040,000 shares for $151,000,000.00 at $25.00 per share on 2025-01-15. This large acquisition moves the insider from a net short position of -4,040,000 shares to a long position of 2,000,000 shares, representing a material shift in directional exposure. The size of the capital deployment ($151,000,000.00) and the multi-tranche execution structure across five discrete transactions indicate a deliberate accumulation by a major institutional holder.