Canada Pension Plan Investment Board’s Canadian National Railway CNI Stock Holding History

Canada Pension Plan Investment Board’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
2026 Q2	$532M	Sell	4,462,797 -27,384	-0.6%	-$3.12M	0.29%	77
2026 Q1	$462M	Buy	4,490,181 +885,500	+25%	+$91.3M	0.3%	76
2025 Q4	$357M	Buy	3,604,681 +345,140	+11%	+$33.2M	0.24%	93
2025 Q3	$307M	Sell	3,259,541 -374,898	-10%	-$36.2M	0.22%	96
2025 Q2	$379M	Buy	3,634,439 +775,700	+27%	+$78.9M	0.32%	68
2025 Q1	$278M	Buy	2,858,739 +737,879	+35%	+$74.6M	0.27%	82
2024 Q4	$215M	Sell	2,120,860 -339,300	-14%	-$37.1M	0.2%	101
2024 Q3	$288M	Buy	2,460,160 +619,300	+34%	+$72.2M	0.27%	85
2024 Q2	$217M	Sell	1,840,860 -2,665,000	-59%	-$334M	0.21%	106
2024 Q1	$594M	Buy	4,505,860 +2,163,820	+92%	+$277M	0.62%	35
2023 Q4	$296M	Buy	2,342,040 +665,000	+40%	+$75.3M	0.37%	71
2023 Q3	$182M	Buy	1,677,040 +96,360	+6%	+$11.1M	0.27%	92
2023 Q2	$192M	Sell	1,580,680 -1,429,200	-47%	-$169M	0.29%	80
2023 Q1	$355M	Sell	3,009,880 -743,320	-20%	-$87.9M	0.56%	45
2022 Q4	$446M	Sell	3,753,200 -7,800	-0.2%	-$932K	0.79%	30
2022 Q3	$408M	Buy	3,761,000 +564,300	+18%	+$67.2M	0.69%	38
2022 Q2	$359M	Buy	3,196,700 +600	+0%	+$70.1K	0.6%	46
2022 Q1	$429M	Buy	3,196,100 +192,100	+6%	+$24M	0.58%	46
2021 Q4	$370M	Buy	3,004,000 +559,000	+23%	+$70.8M	0.39%	67
2021 Q3	$283M	Hold	2,445,000	–	–	0.32%	87
2021 Q2	$258M	Buy	+2,445,000	New	+$270M	0.31%	91
2021 Q1	–	Sell	-1,000,000	Closed	-$110M	–	1326
2020 Q4	$110M	Buy	1,000,000 +925,820	+1,248%	+$100M	0.16%	134
2020 Q3	$7.88M	Hold	74,180	–	–	0.01%	433
2020 Q2	$6.54M	Sell	74,180 -455,010	-86%	-$37.9M	0.01%	473
2020 Q1	$40.9M	Sell	529,190 -920,000	-63%	-$80.2M	0.11%	146
2019 Q4	$131M	Buy	1,449,190 +1,359,635	+1,518%	+$122M	0.26%	82
2019 Q3	$8.05M	Buy	89,555 +10,365	+13%	+$957K	0.02%	572
2019 Q2	$7.34M	Sell	79,190 -4,920	-6%	-$452K	0.01%	630
2019 Q1	$7.53M	Sell	84,110 -58,800	-41%	-$4.93M	0.01%	673
2018 Q4	$10.6M	Buy	142,910 +58,792	+70%	+$4.87M	0.02%	554
2018 Q3	$7.54M	Sell	84,118 -93,300	-53%	-$8.14M	0.01%	711
2018 Q2	$14.5M	Sell	177,418 -489,929	-73%	-$38.9M	0.03%	467
2018 Q1	$48.7M	Buy	667,347 +406,861	+156%	+$31.4M	0.08%	200
2017 Q4	$21.5M	Buy	260,486 +28,300	+12%	+$2.28M	0.04%	349
2017 Q3	$19.2M	Buy	232,186 +27,486	+13%	+$2.23M	0.04%	359
2017 Q2	$16.6M	Buy	204,700 +110,900	+118%	+$8.46M	0.04%	357
2017 Q1	$6.9M	Sell	93,800 -41	-0%	-$2.91K	0.02%	539
2016 Q4	$6.32M	Hold	93,841	–	–	0.02%	469
2016 Q3	$6.12M	Sell	93,841 -84,769	-47%	-$5.35M	0.02%	486
2016 Q2	$10.5M	Buy	178,610 +17,400	+11%	+$1.05M	0.04%	334
2016 Q1	$10.1M	Buy	161,210 +93,670	+139%	+$5.25M	0.04%	366
2015 Q4	$3.76M	Buy	67,540 +9,163	+16%	+$536K	0.02%	591
2015 Q3	$3.3M	Sell	58,377 -211,058	-78%	-$12.3M	0.01%	655
2015 Q2	$15.6M	Buy	269,435 +26,678	+11%	+$1.67M	0.05%	322
2015 Q1	$16.3M	Sell	242,757 -35,283	-13%	-$2.4M	0.06%	317
2014 Q4	$19.2M	Buy	278,040 +22,776	+9%	+$1.56M	0.06%	302
2014 Q3	$18.2M	Buy	255,264 +252,193	+8,212%	+$17.5M	0.06%	293
2014 Q2	$200K	Sell	3,071 -5,036	-62%	-$300K	﹤0.01%	989
2014 Q1	$456K	Sell	8,107 -354,253	-98%	-$19.5M	﹤0.01%	869
2013 Q4	$20.7M	Sell	362,360 -73,400	-17%	-$4.04M	0.08%	257
2013 Q3	$22.1M	Buy	435,760 +122,134	+39%	+$6.03M	0.1%	238
2013 Q2	$15.2M	Buy	+313,626	New	+$15.5M	0.08%	291

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

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

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

1832 Asset Management Toronto, Ontario, Canada $199B AUM 37.98% 1-Year Est. Return

Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM

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

Mackenzie Financial Toronto Ontario, Ontario, Canada $100B AUM 36.93% 1-Year Est. Return

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

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

Canada Pension Plan Investment Board's CNI Position: Q2 2026 in Review

Canada Pension Plan Investment Board reduced its Canadian National Railway (CNI) stake by 0.61% in Q2 2026, selling an estimated $3.12M and leaving 4,462,797 shares worth $532M. The position accounts for 0.29% of the portfolio, ranked #77.

Canada Pension Plan Investment Board first reported a position in CNI in Q2 2013 and has held it in 52 quarters since. The position peaked at $594M in Q1 2024. 844 funds tracked by Wall St. Rank hold CNI as of Q2 2026.

Canada Pension Plan Investment Board held 4,462,797 shares of Canadian National Railway worth $532M as of Q2 2026.
Canada Pension Plan Investment Board sold 27,384 Canadian National Railway shares in Q2 2026, an estimated $3.12M.
Canadian National Railway made up 0.29% of Canada Pension Plan Investment Board's portfolio in Q2 2026, its #77 holding.
Canada Pension Plan Investment Board first reported a position in Canadian National Railway in Q2 2013 and has held it in 52 quarters since.
Canada Pension Plan Investment Board's Canadian National Railway position peaked at $594M in Q1 2024.
844 funds tracked by Wall St. Rank held Canadian National Railway as of Q2 2026.

Based on Canada Pension Plan Investment Board's 13F filing for Q2 2026, filed 14 Aug 2026.