Belpointe Asset Management’s Canadian National Railway CNI Stock Holding History

Belpointe Asset Management’s Portfolio CNI Stock Details CNI Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-1,978	Closed	-$206K	–	993
2025 Q2	$206K	Buy	+1,978	New	+$201K	0.01%	876
2025 Q1	–	Sell	-1,881	Closed	-$222K	–	936
2024 Q4	$222K	Sell	1,881 -13	-0.7%	-$1.42K	0.01%	777
2024 Q3	$222K	Buy	1,894 +13	+0.7%	+$1.51K	0.01%	777
2024 Q2	$222K	Buy	1,881 +29	+2%	+$3.63K	0.02%	691
2024 Q1	$244K	Buy	+1,852	New	+$237K	0.02%	678
2023 Q2	–	Sell	-1,037	Closed	-$122K	–	1091
2023 Q1	$122K	Buy	1,037 +192	+23%	+$22.7K	0.01%	1196
2022 Q4	$100K	Sell	845 -127	-13%	-$15.2K	0.01%	1232
2022 Q3	$105K	Sell	972 -128	-12%	-$15.2K	0.01%	1132
2022 Q2	$123K	Sell	1,100 -604	-35%	-$70.6K	0.01%	1021
2022 Q1	$229K	Buy	1,704 +891	+110%	+$111K	0.01%	856
2021 Q4	$100K	Buy	+813	New	+$103K	0.01%	1190
2020 Q3	–	Sell	-1,502	Closed	-$133K	–	789
2020 Q2	$133K	Buy	1,502 +4	+0.3%	+$333	0.02%	644
2020 Q1	$116K	Buy	1,498 +280	+23%	+$24.4K	0.02%	570
2019 Q4	$110K	Hold	1,218	–	–	0.01%	750
2019 Q3	$109K	Hold	1,218	–	–	0.02%	649
2019 Q2	$113K	Hold	1,218	–	–	0.02%	562
2019 Q1	$109K	Buy	+1,218	New	+$102K	0.02%	430
2018 Q4	–	Sell	-1,218	Closed	-$109K	–	517
2018 Q3	$109K	Sell	1,218 -4,262	-78%	-$372K	0.02%	626
2018 Q2	$448K	Buy	+5,480	New	+$436K	0.13%	187

Other funds holding CNI

Gates Foundation Trust Kirkland, Washington $34.4B AUM 26.34% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $672B AUM 33.48% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

TCI Fund Management London, United Kingdom $52.8B AUM 12.71% 1-Year Est. Return

Bank of Montreal Toronto, Ontario, Canada $304B AUM 35.64% 1-Year Est. Return

Caisse de Depot et Placement du Quebec (CDPQ) Montreal, Quebec, Canada $70.2B AUM 30.95% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $580B AUM 38.23% 1-Year Est. Return

Massachusetts Financial Services Boston, Massachusetts $315B AUM 27.84% 1-Year Est. Return

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

Fidelity International Hamilton, Bermuda $139B AUM 29.06% 1-Year Est. Return

Belpointe Asset Management's CNI Position: Q3 2025 in Review

Belpointe Asset Management sold out of Canadian National Railway (CNI) in Q3 2025, closing a stake of 1,978 shares — an estimated $206K sold.

Belpointe Asset Management first reported a position in CNI in Q2 2018 and held it in 19 quarters. The position peaked at $448K in Q2 2018. 758 funds tracked by Wall St. Rank hold CNI as of Q3 2025.

Belpointe Asset Management reported no remaining Canadian National Railway position as of Q3 2025 after selling out during the quarter.
Belpointe Asset Management sold 1,978 Canadian National Railway shares in Q3 2025, an estimated $206K.
Belpointe Asset Management first reported a position in Canadian National Railway in Q2 2018 and held it in 19 quarters.
Belpointe Asset Management's Canadian National Railway position peaked at $448K in Q2 2018.
758 funds tracked by Wall St. Rank held Canadian National Railway as of Q3 2025.

Based on Belpointe Asset Management's 13F filing for Q3 2025, filed 3 Nov 2025.