Bank of Nova Scotia’s Canadian Natural Resources CNQ Stock Holding History

Bank of Nova Scotia’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	$320M	Buy	6,565,392 +2,184,892	+50%	+$89.9M	0.56%	28
2025 Q4	$148M	Buy	4,380,500 +1,622,215	+59%	+$52.6M	0.22%	82
2025 Q3	$88.3M	Sell	2,758,285 -2,334,946	-46%	-$73.1M	0.16%	113
2025 Q2	$160M	Sell	5,093,231 -19,169,476	-79%	-$581M	0.33%	54
2025 Q1	$747M	Buy	24,262,707 +11,259,267	+87%	+$341M	1.68%	11
2024 Q4	$401M	Sell	13,003,440 -10,003,416	-43%	-$337M	0.7%	24
2024 Q3	$764M	Sell	23,006,856 -3,947,465	-15%	-$137M	1.54%	17
2024 Q2	$960M	Sell	26,954,321 -4,360,155	-14%	-$164M	1.88%	13
2024 Q1	$1.2B	Buy	31,314,476 +5,549,572	+22%	+$186M	2.41%	8
2023 Q4	$844M	Sell	25,764,904 -7,711,622	-23%	-$250M	1.58%	12
2023 Q3	$1.08B	Sell	33,476,526 -16,001,554	-32%	-$489M	2.85%	4
2023 Q2	$1.41B	Buy	49,478,080 +11,369,792	+30%	+$325M	3.69%	3
2023 Q1	$1.05B	Sell	38,108,288 -1,582,794	-4%	-$44.8M	3.13%	7
2022 Q4	$1.1B	Buy	39,691,082 +9,794,828	+33%	+$280M	2.85%	6
2022 Q3	$692M	Sell	29,896,254 -4,225,492	-12%	-$109M	2.2%	9
2022 Q2	$898M	Buy	34,121,746 +4,871,127	+17%	+$148M	2.14%	8
2022 Q1	$887M	Sell	29,250,619 -1,347,409	-4%	-$35.9M	1.51%	10
2021 Q4	$806M	Sell	30,598,028 -3,999,727	-12%	-$80.9M	1.13%	14
2021 Q3	$619M	Buy	34,597,755 +6,461,211	+23%	+$106M	1.09%	16
2021 Q2	$500M	Sell	28,136,544 -1,661,147	-6%	-$27.3M	0.92%	20
2021 Q1	$451M	Buy	29,797,691 +4,211,388	+16%	+$56.9M	0.88%	22
2020 Q4	$301M	Buy	25,586,303 +1,009,438	+4%	+$10.1M	0.64%	32
2020 Q3	$193M	Sell	24,576,865 -831,026	-3%	-$7.48M	0.52%	42
2020 Q2	$217M	Sell	25,407,891 -410,436	-2%	-$3.31M	0.75%	30
2020 Q1	$171M	Buy	25,818,327 +1,812,009	+8%	+$21.6M	0.59%	35
2019 Q4	$380M	Buy	24,006,318 +2,048,567	+9%	+$27.8M	0.92%	21
2019 Q3	$286M	Buy	21,957,751 +8,040,122	+58%	+$99.6M	0.85%	23
2019 Q2	$166M	Buy	13,917,629 +1,604,978	+13%	+$22.1M	0.7%	32
2019 Q1	$166M	Buy	12,312,651 +1,071,864	+10%	+$14.2M	0.66%	30
2018 Q4	$133M	Buy	11,240,787 +1,401,212	+14%	+$18.8M	0.62%	38
2018 Q3	$158M	Buy	9,839,575 +1,252	+0%	+$21.2K	0.7%	27
2018 Q2	$173M	Buy	9,838,323 +2,059,851	+26%	+$34.9M	0.95%	26
2018 Q1	$120M	Buy	7,778,472 +125,599	+2%	+$2.02M	0.62%	33
2017 Q4	$134M	Buy	7,652,873 +2,484,845	+48%	+$41.7M	0.61%	34
2017 Q3	$84.7M	Sell	5,168,028 -1,385,269	-21%	-$21.2M	0.49%	43
2017 Q2	$92.7M	Sell	6,553,297 -27,724	-0.4%	-$417K	0.49%	39
2017 Q1	$106M	Buy	6,581,021 +1,097,453	+20%	+$16.6M	0.45%	37
2016 Q4	$85.6M	Sell	5,483,568 -80,533	-1%	-$1.28M	0.44%	38
2016 Q3	$87M	Buy	5,564,101 +6,136	+0.1%	+$93.3K	0.49%	34
2016 Q2	$84M	Sell	5,557,965 -649,541	-10%	-$9.18M	0.49%	36
2016 Q1	$81.2M	Sell	6,207,506 -1,098,464	-15%	-$11.7M	0.5%	39
2015 Q4	$77.1M	Sell	7,305,970 -1,122,716	-13%	-$12.5M	0.4%	48
2015 Q3	$79.3M	Sell	8,428,686 -1,252,382	-13%	-$13.8M	0.43%	41
2015 Q2	$127M	Sell	9,681,068 -807,573	-8%	-$12.2M	0.63%	24
2015 Q1	$155M	Buy	10,488,641 +119,605	+1%	+$1.71M	0.7%	25
2014 Q4	$155M	Sell	10,369,036 -1,487,905	-13%	-$24.3M	0.6%	29
2014 Q3	$223M	Buy	11,856,941 +2,705,909	+30%	+$55.9M	0.9%	20
2014 Q2	$203M	Sell	9,151,032 -137,352	-1%	-$2.75M	0.83%	21
2014 Q1	$172M	Sell	9,288,384 -985,182	-10%	-$16.7M	0.72%	22
2013 Q4	$168M	Buy	10,273,566 +560,009	+6%	+$8.71M	0.71%	21
2013 Q3	$148M	Sell	9,713,557 -1,087,555	-10%	-$16.3M	0.75%	19
2013 Q2	$147M	Buy	+10,801,112	New	+$155M	0.75%	20

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

Bank of Montreal Toronto, Ontario, Canada $269B AUM 31.4% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

Fisher Asset Management Camas, Washington $295B AUM 31.6% 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 $123B AUM 34.51% 1-Year Est. Return

Bank of Nova Scotia's CNQ Position: Q1 2026 in Review

Bank of Nova Scotia increased its Canadian Natural Resources (CNQ) stake by 50% in Q1 2026, buying an estimated $89.9M and bringing the position to 6,565,392 shares worth $320M. The position accounts for 0.56% of the portfolio, ranked #28.

Bank of Nova Scotia first reported a position in CNQ in Q2 2013 and has held it in 52 quarters since. The position peaked at $1.41B in Q2 2023. 741 funds tracked by Wall St. Rank hold CNQ as of Q1 2026.

Bank of Nova Scotia held 6,565,392 shares of Canadian Natural Resources worth $320M as of Q1 2026.
Bank of Nova Scotia bought 2,184,892 Canadian Natural Resources shares in Q1 2026, an estimated $89.9M.
Canadian Natural Resources made up 0.56% of Bank of Nova Scotia's portfolio in Q1 2026, its #28 holding.
Bank of Nova Scotia first reported a position in Canadian Natural Resources in Q2 2013 and has held it in 52 quarters since.
Bank of Nova Scotia's Canadian Natural Resources position peaked at $1.41B in Q2 2023.
741 funds tracked by Wall St. Rank held Canadian Natural Resources as of Q1 2026.

Based on Bank of Nova Scotia's 13F filing for Q1 2026, filed 14 May 2026.