Brandywine Global Investment Management’s Canadian Natural Resources CNQ Stock Holding History

Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake
Trade Value Portfolio Weight Portfolio Position
2025
Q4
$77.4M Sell
2,285,276
-19,123
-0.8% -$620K 0.52% 47
2025
Q3
$73.7M Sell
2,304,399
-8,890
-0.4% -$278K 0.51% 48
2025
Q2
$72.8M Buy
2,313,289
+129,691
+6% +$3.93M 0.51% 45
2025
Q1
$67.2M Buy
2,183,598
+470,391
+27% +$14.3M 0.48% 46
2024
Q4
$52.8M Buy
1,713,207
+39,796
+2% +$1.34M 0.38% 70
2024
Q3
$64M Buy
1,673,411
+93,295
+6% +$3.25M 0.43% 60
2024
Q2
$56.3M Sell
1,580,116
-90,030
-5% -$3.39M 0.42% 60
2024
Q1
$63.7M Buy
1,670,146
+69,888
+4% +$2.34M 0.46% 55
2023
Q4
$52.4M Buy
1,600,258
+153,728
+11% +$4.98M 0.42% 67
2023
Q3
$46.8M Buy
1,446,530
+65,932
+5% +$2.02M 0.41% 71
2023
Q2
$38.8M Sell
1,380,598
-40,400
-3% -$1.15M 0.32% 95
2023
Q1
$39.3M Buy
1,420,998
+3,500
+0.2% +$99.1K 0.32% 86
2022
Q4
$39.4M Buy
1,417,498
+62,502
+5% +$1.79M 0.31% 92
2022
Q3
$31.5M Sell
1,354,996
-18,204
-1% -$471K 0.29% 95
2022
Q2
$36.1M Sell
1,373,200
-110,368
-7% -$3.35M 0.31% 100
2022
Q1
$45M Sell
1,483,568
-1,438,467
-49% -$38.3M 0.33% 90
2021
Q4
$60.5M Buy
2,922,035
+81,664
+3% +$1.65M 0.43% 60
2021
Q3
$50.8M Sell
2,840,371
-635,091
-18% -$10.5M 0.38% 71
2021
Q2
$61.8M Sell
3,475,462
-107,078
-3% -$1.76M 0.46% 42
2021
Q1
$54.2M Sell
3,582,540
-170,472
-5% -$2.31M 0.41% 54
2020
Q4
$44.2M Buy
3,753,012
+375,834
+11% +$3.78M 0.37% 71
2020
Q3
$35.3M Sell
3,377,178
-38,094
-1% -$343K 0.35% 77
2020
Q2
$29.2M Sell
3,415,272
-4,287,971
-56% -$34.6M 0.3% 89
2020
Q1
$51.1M Sell
7,703,243
-5,253,296
-41% -$62.6M 0.61% 31
2019
Q4
$205M Buy
12,956,539
+171,542
+1% +$2.33M 1.45% 11
2019
Q3
$167M Sell
12,784,997
-162,996
-1% -$2.02M 1.22% 17
2019
Q2
$171M Sell
12,947,993
-226,915
-2% -$3.12M 1.18% 17
2019
Q1
$177M Sell
13,174,908
-174,653
-1% -$2.32M 1.23% 16
2018
Q4
$158M Buy
13,349,561
+585,905
+5% +$7.87M 1.17% 16
2018
Q3
$204M Sell
12,763,656
-323,926
-2% -$5.49M 1.27% 15
2018
Q2
$231M Buy
13,087,582
+362,299
+3% +$6.13M 1.48% 12
2018
Q1
$196M Sell
12,725,283
-348,730
-3% -$5.6M 1.24% 14
2017
Q4
$229M Buy
13,074,013
+82,348
+0.6% +$1.38M 1.37% 13
2017
Q3
$213M Sell
12,991,665
-9,051
-0.1% -$139K 1.35% 11
2017
Q2
$184M Buy
13,000,716
+1,914,792
+17% +$28.8M 1.17% 16
2017
Q1
$178M Buy
11,085,924
+2,740,025
+33% +$41.5M 1.13% 15
2016
Q4
$130M Sell
8,345,899
-769,505
-8% -$12.2M 0.83% 24
2016
Q3
$143M Sell
9,115,404
-454,576
-5% -$6.91M 0.94% 22
2016
Q2
$144M Sell
9,569,980
-187,980
-2% -$2.66M 0.97% 22
2016
Q1
$127M Sell
9,757,960
-683,115
-7% -$7.28M 0.83% 27
2015
Q4
$110M Buy
10,441,075
+17,386
+0.2% +$194K 0.7% 35
2015
Q3
$98M Buy
10,423,689
+1,618,067
+18% +$17.8M 0.64% 32
2015
Q2
$116M Buy
8,805,622
+544,149
+7% +$8.19M 0.72% 25
2015
Q1
$123M Buy
8,261,473
+680,775
+9% +$9.74M 0.79% 23
2014
Q4
$113M Buy
7,580,698
+283,265
+4% +$4.62M 0.76% 25
2014
Q3
$137M Buy
7,297,433
+1,329,874
+22% +$27.5M 1.01% 21
2014
Q2
$132M Buy
5,967,559
+2,953,783
+98% +$59.1M 1.04% 24
2014
Q1
$55.9M Buy
+3,013,776
New +$51M 0.49% 46

Other funds holding CNQ

Brandywine Global Investment Management's CNQ Position: Q4 2025 in Review

Brandywine Global Investment Management reduced its Canadian Natural Resources (CNQ) stake by 0.83% in Q4 2025, selling an estimated $620K and leaving 2,285,276 shares worth $77.4M. The position accounts for 0.52% of the portfolio, ranked #47.

Brandywine Global Investment Management first reported a position in CNQ in Q1 2014 and has held it in 48 quarters since. The position peaked at $231M in Q2 2018. 673 funds tracked by Wall St. Rank hold CNQ as of Q4 2025.

  • Brandywine Global Investment Management held 2,285,276 shares of Canadian Natural Resources worth $77.4M as of Q4 2025.
  • Brandywine Global Investment Management sold 19,123 Canadian Natural Resources shares in Q4 2025, an estimated $620K.
  • Canadian Natural Resources made up 0.52% of Brandywine Global Investment Management's portfolio in Q4 2025, its #47 holding.
  • Brandywine Global Investment Management first reported a position in Canadian Natural Resources in Q1 2014 and has held it in 48 quarters since.
  • Brandywine Global Investment Management's Canadian Natural Resources position peaked at $231M in Q2 2018.
  • 673 funds tracked by Wall St. Rank held Canadian Natural Resources as of Q4 2025.

Based on Brandywine Global Investment Management's 13F filing for Q4 2025, filed 11 Feb 2026.