Bank of Montreal’s Canadian Natural Resources CNQ Stock Holding History

Bank of Montreal’s Portfolio CNQ Stock Details CNQ Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$107K	Sell	2,200 -430,900	-99%	-$17.7M	﹤0.01%	3120
2025 Q4	$14.7M	Buy	433,100 +284,900	+192%	+$9.24M	0.01%	969
2025 Q3	$4.74M	Sell	148,200 -152,600	-51%	-$4.78M	﹤0.01%	1311
2025 Q2	$9.46M	Sell	300,800 -500,800	-62%	-$15.2M	﹤0.01%	999
2025 Q1	$24.7M	Buy	801,600 +351,600	+78%	+$10.7M	0.01%	631
2024 Q4	$13.9M	Buy	450,000 +244,800	+119%	+$8.25M	0.01%	876
2024 Q3	$6.81M	Sell	205,200 -214,800	-51%	-$7.48M	﹤0.01%	1190
2024 Q2	$15.1M	Sell	420,000 -575,200	-58%	-$21.6M	﹤0.01%	863
2024 Q1	$37.8M	Sell	995,200 -604,800	-38%	-$20.2M	0.01%	526
2023 Q4	$52.9M	Hold	1,600,000	–	–	0.02%	462
2023 Q3	$52.7M	Hold	1,600,000	–	–	0.02%	403
2023 Q2	$45M	Buy	1,600,000 +400,000	+33%	+$11.4M	0.02%	450
2023 Q1	$33.3M	Hold	1,200,000	–	–	0.01%	506
2022 Q4	$33.4M	Sell	1,200,000 -89,600	-7%	-$2.56M	0.01%	511
2022 Q3	$30.1K	Buy	1,289,600 +431,960	+50%	+$11.2M	0.01%	538
2022 Q2	$23.4K	Buy	+857,640	New	+$26.1M	0.01%	689
2021 Q2	–	Sell	-306,300	Closed	-$4.64M	–	3905
2021 Q1	$4.64M	Buy	+306,300	New	+$4.14M	﹤0.01%	1390
2020 Q4	–	Sell	-1,796,960	Closed	-$14.3M	–	4952
2020 Q3	$14.3M	Buy	1,796,960 +1,694,860	+1,660%	+$15.3M	0.01%	703
2020 Q2	$811K	Buy	+102,100	New	+$825K	﹤0.01%	2031
2020 Q1	–	Sell	-550,115	Closed	-$8.71M	–	4191
2019 Q4	$8.71M	Sell	550,115 -918,900	-63%	-$12.5M	0.01%	1055
2019 Q3	$19.2M	Buy	1,469,015 +714,700	+95%	+$8.86M	0.02%	641
2019 Q2	$9.96M	Sell	754,315 -2,144,100	-74%	-$29.5M	0.01%	902
2019 Q1	$39M	Buy	2,898,415 +2,771,198	+2,178%	+$36.8M	0.03%	412
2018 Q4	$1.5M	Buy	127,217 +86,377	+212%	+$1.16M	﹤0.01%	1672
2018 Q3	$653K	Sell	40,840 -405,541	-91%	-$6.87M	﹤0.01%	2208
2018 Q2	$7.88M	Buy	446,381 +146,820	+49%	+$2.49M	0.01%	981
2018 Q1	$4.62M	Buy	+299,561	New	+$4.81M	﹤0.01%	1175
2017 Q3	–	Sell	-20,420	Closed	-$288K	–	4172
2017 Q2	$288K	Buy	+20,420	New	+$307K	﹤0.01%	2484
2017 Q1	–	Sell	-200,729	Closed	-$3.32M	–	3995
2016 Q4	$3.32M	Buy	200,729 +128,851	+179%	+$2.04M	﹤0.01%	1262
2016 Q3	$1.13M	Buy	+71,878	New	+$1.09M	﹤0.01%	1766
2016 Q2	–	Sell	-207	Closed	-$3K	–	4108
2016 Q1	$3K	Buy	+207	New	+$2.21K	﹤0.01%	3901
2015 Q4	–	Sell	-305,111	Closed	-$2.87M	–	4234
2015 Q3	$2.87M	Buy	305,111 +288,563	+1,744%	+$3.18M	﹤0.01%	1154
2015 Q2	$217K	Buy	+16,548	New	+$249K	﹤0.01%	2374
2015 Q1	–	Sell	-235,401	Closed	-$3.51M	–	3997
2014 Q4	$3.51M	Sell	235,401 -42,405	-15%	-$692K	﹤0.01%	1172
2014 Q3	$5.22M	Buy	277,806 +112,322	+68%	+$2.32M	0.01%	1066
2014 Q2	$3.67M	Buy	+165,484	New	+$3.31M	﹤0.01%	1205
2014 Q1	–	Sell	-177,688	Closed	-$2.91M	–	4018
2013 Q4	$2.91M	Buy	+177,688	New	+$2.76M	﹤0.01%	1027
2013 Q3	–	Sell	-261,051	Closed	-$3.57M	–	3800
2013 Q2	$3.57M	Buy	+261,051	New	+$3.74M	0.01%	858

Other funds holding CNQ

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

Fisher Asset Management Camas, Washington $336B AUM 34.66% 1-Year Est. Return

CIBC World Market Toronto, Ontario, Canada $61.3B AUM 39.33% 1-Year Est. Return

Canada Pension Plan Investment Board Toronto Ontario, Ontario, Canada $155B AUM 29.93% 1-Year Est. Return

TD Asset Management Toronto, Ontario, Canada $115B AUM 41.58% 1-Year Est. Return

Healthcare of Ontario Pension Plan (HOOPP) Trust Fund Toronto, Ontario, Canada $62.2B AUM 31.35% 1-Year Est. Return

Bank of Montreal's CNQ Position: Q1 2026 in Review

Bank of Montreal reduced its Canadian Natural Resources (CNQ) stake by 8% in Q1 2026, selling an estimated $230M and leaving 63,903,165 shares worth $3.12B. The position accounts for 1.16% of the portfolio, ranked #15.

Bank of Montreal first reported a position in CNQ in Q2 2013 and has held it in 52 quarters since. 742 funds tracked by Wall St. Rank hold CNQ as of Q1 2026.

Bank of Montreal held 63,903,165 shares of Canadian Natural Resources worth $3.12B as of Q1 2026.
Bank of Montreal sold 5,587,587 Canadian Natural Resources shares in Q1 2026, an estimated $230M.
Canadian Natural Resources made up 1.16% of Bank of Montreal's portfolio in Q1 2026, its #15 holding.
Bank of Montreal first reported a position in Canadian Natural Resources in Q2 2013 and has held it in 52 quarters since.
742 funds tracked by Wall St. Rank held Canadian Natural Resources as of Q1 2026.

Based on Bank of Montreal's 13F filing for Q1 2026, filed 13 May 2026.