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Burgundy Asset Management’s Canadian Natural Resources CNQ Stock Holding History

Burgundy Asset Management’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
2025
Q3 		$2.82M Buy
89,097
+13,962
+19% +$437K 0.03% 94
2025
Q2 		$2.36M Hold
75,135
– – 0.02% 95
2025
Q1 		$2.31M Buy
75,135
+2,431
+3% +$73.7K 0.02% 94
2024
Q4 		$2.24M Buy
72,704
+31,933
+78% +$1.08M 0.02% 94
2024
Q3 		$1.35M Buy
40,771
+15,589
+62% +$543K 0.01% 95
2024
Q2 		$897K Sell
25,182
-34,634
-58% -$1.3M 0.01% 96
2024
Q1 		$2.28M Buy
59,816
+678
+1% +$22.7K 0.02% 89
2023
Q4 		$1.94M Buy
59,138
+7,218
+14% +$234K 0.02% 94
2023
Q3 		$1.69M Sell
51,920
-2,888
-5% -$88.3K 0.02% 92
2023
Q2 		$1.54M Hold
54,808
– – 0.02% 95
2023
Q1 		$1.51M Sell
54,808
-3,728
-6% -$106K 0.02% 92
2022
Q4 		$1.63M Sell
58,536
-1,284
-2% -$36.7K 0.02% 89
2022
Q3 		$1.39M Buy
59,820
+14,659
+32% +$380K 0.02% 88
2022
Q2 		$1.19M Sell
45,161
-1,838
-4% -$55.9K 0.01% 90
2022
Q1 		$1.43M Sell
46,999
-48,123
-51% -$1.28M 0.02% 89
2021
Q4 		$1.96M Sell
95,122
-4,436
-4% -$89.8K 0.02% 87
2021
Q3 		$1.78M Buy
99,558
+899
+0.9% +$14.8K 0.02% 90
2021
Q2 		$1.75M Buy
98,659
+6,389
+7% +$105K 0.02% 91
2021
Q1 		$1.4M Buy
92,270
+11,493
+14% +$155K 0.01% 94
2020
Q4 		$950K Buy
80,777
+16,046
+25% +$161K 0.01% 94
2020
Q3 		$507K Buy
64,731
+12,738
+24% +$115K 0.01% 93
2020
Q2 		$440K Sell
51,993
-174
-0.3% -$1.41K 0.01% 95
2020
Q1 		$347K Buy
52,167
+18,625
+56% +$222K ﹤0.01% 94
2019
Q4 		$531K Buy
33,542
+2,504
+8% +$34K 0.01% 98
2019
Q3 		$405K Hold
31,038
– – ﹤0.01% 100
2019
Q2 		$410K Hold
31,038
– – ﹤0.01% 98
2019
Q1 		$417K Hold
31,038
– – ﹤0.01% 99
2018
Q4 		$367K Hold
31,038
– – ﹤0.01% 102
2018
Q3 		$496K Hold
31,038
– – ﹤0.01% 97
2018
Q2 		$548K Hold
31,038
– – 0.01% 98
2018
Q1 		$477K Hold
31,038
– – ﹤0.01% 96
2017
Q4 		$544K Hold
31,038
– – ﹤0.01% 97
2017
Q3 		$509K Hold
31,038
– – ﹤0.01% 101
2017
Q2 		$438K Hold
31,038
– – ﹤0.01% 103
2017
Q1 		$497K Sell
31,038
-3,892
-11% -$58.9K ﹤0.01% 103
2016
Q4 		$545K Sell
34,930
-695
-2% -$11K 0.01% 105
2016
Q3 		$558K Sell
35,625
-1,021
-3% -$15.5K 0.01% 104
2016
Q2 		$550K Sell
36,646
-1,304
-3% -$18.4K 0.01% 109
2016
Q1 		$497K Sell
37,950
-16,656,497
-100% -$177M 0.01% 108
2015
Q4 		$176M Buy
16,694,447
+117,390
+0.7% +$1.31M 1.93% 18
2015
Q3 		$156M Buy
16,577,057
+2,248,417
+16% +$24.7M 1.74% 26
2015
Q2 		$188M Buy
14,328,640
+214,707
+2% +$3.23M 2.05% 17
2015
Q1 		$209M Buy
14,113,933
+1,775,613
+14% +$25.4M 2.31% 15
2014
Q4 		$185M Buy
12,338,320
+826,797
+7% +$13.5M 2.04% 22
2014
Q3 		$216M Buy
11,511,523
+59,649
+0.5% +$1.23M 2.59% 11
2014
Q2 		$254M Sell
11,451,874
-52,750
-0.5% -$1.06M 3.01% 3
2014
Q1 		$213M Sell
11,504,624
-1,237,611
-10% -$20.9M 2.6% 7
2013
Q4 		$208M Buy
12,742,235
+445,811
+4% +$6.93M 2.59% 8
2013
Q3 		$187M Buy
12,296,424
+229,081
+2% +$3.44M 2.93% 5
2013
Q2 		$164M Buy
+12,067,343
New +$173M 2.8% 5

Other funds holding CNQ

Capital World Investors
Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return
Royal Bank of Canada
Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return
Capital Research Global Investors
Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return
Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
Bank of Montreal
Bank of Montreal Toronto, Ontario, Canada $269B AUM 31.4% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return
Fisher Asset Management
Fisher Asset Management Camas, Washington $295B AUM 31.6% 1-Year Est. Return
T. Rowe Price Investment Management
T. Rowe Price Investment Management Baltimore, Maryland $145B AUM 22.78% 1-Year Est. Return
Canada Pension Plan Investment Board
Canada Pension Plan Investment Board Toronto Ontario, Ontario, Canada $155B AUM 29.93% 1-Year Est. Return
TD Asset Management
TD Asset Management Toronto, Ontario, Canada $123B AUM 34.51% 1-Year Est. Return

Burgundy Asset Management's CNQ Position: Q3 2025 in Review

Burgundy Asset Management increased its Canadian Natural Resources (CNQ) stake by 19% in Q3 2025, buying an estimated $437K and bringing the position to 89,097 shares worth $2.82M. The position accounts for 0.03% of the portfolio, ranked #94.

Burgundy Asset Management first reported a position in CNQ in Q2 2013 and has held it in 50 quarters since. The position peaked at $254M in Q2 2014. 636 funds tracked by Wall St. Rank hold CNQ as of Q3 2025.

  • Burgundy Asset Management held 89,097 shares of Canadian Natural Resources worth $2.82M as of Q3 2025.
  • Burgundy Asset Management bought 13,962 Canadian Natural Resources shares in Q3 2025, an estimated $437K.
  • Canadian Natural Resources made up 0.03% of Burgundy Asset Management's portfolio in Q3 2025, its #94 holding.
  • Burgundy Asset Management first reported a position in Canadian Natural Resources in Q2 2013 and has held it in 50 quarters since.
  • Burgundy Asset Management's Canadian Natural Resources position peaked at $254M in Q2 2014.
  • 636 funds tracked by Wall St. Rank held Canadian Natural Resources as of Q3 2025.

Based on Burgundy Asset Management's 13F filing for Q3 2025, filed 12 Nov 2025.