Cliff Asness’s Canadian National Railway CNI Stock Holding History

Cliff Asness’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	$168M	Buy	1,406,399 +274,553	+24%	+$31.3M	0.06%	444
2026 Q1	$115M	Sell	1,131,846 -102,184	-8%	-$10.5M	0.05%	468
2025 Q4	$122M	Buy	1,234,030 +1,214,836	+6,329%	+$117M	0.06%	410
2025 Q3	$1.81M	Buy	19,194 +8,644	+82%	+$834K	﹤0.01%	2033
2025 Q2	$1.1M	Buy	10,550 +7,356	+230%	+$748K	﹤0.01%	2151
2025 Q1	$311K	Buy	+3,194	New	+$323K	﹤0.01%	2673
2019 Q2	–	Sell	-758,068	Closed	-$67.9M	–	2089
2019 Q1	$67.9M	Sell	758,068 -108,926	-13%	-$9.14M	0.07%	308
2018 Q4	$64.2M	Buy	866,994 +329,082	+61%	+$27.3M	0.07%	286
2018 Q3	$48.2M	Sell	537,912 -88,097	-14%	-$7.69M	0.05%	396
2018 Q2	$51.2M	Buy	626,009 +120,506	+24%	+$9.58M	0.05%	399
2018 Q1	$36.9M	Buy	505,503 +29,820	+6%	+$2.3M	0.04%	448
2017 Q4	$39.4M	Sell	475,683 -163,378	-26%	-$13.2M	0.04%	448
2017 Q3	$52.8M	Sell	639,061 -62,593	-9%	-$5.07M	0.06%	356
2017 Q2	$56.8M	Buy	701,654 +232,731	+50%	+$17.8M	0.08%	336
2017 Q1	$34.5M	Buy	468,923 +42,354	+10%	+$3M	0.05%	476
2016 Q4	$28.7M	Buy	426,569 +159,147	+60%	+$10.5M	0.04%	517
2016 Q3	$17.4M	Sell	267,422 -86,400	-24%	-$5.46M	0.03%	615
2016 Q2	$20.8M	Sell	353,822 -15,439	-4%	-$932K	0.04%	543
2016 Q1	$23.2M	Sell	369,261 -462,817	-56%	-$25.9M	0.04%	508
2015 Q4	$46.3M	Sell	832,078 -363,659	-30%	-$21.3M	0.08%	317
2015 Q3	$67.6M	Buy	1,195,737 +125,630	+12%	+$7.31M	0.14%	210
2015 Q2	$61.8M	Sell	1,070,107 -30,712	-3%	-$1.92M	0.12%	226
2015 Q1	$73.7M	Sell	1,100,819 -253,100	-19%	-$17.2M	0.17%	166
2014 Q4	$93.3M	Buy	+1,353,919	New	+$92.6M	0.2%	151
2014 Q2	–	Sell	-21,700	Closed	-$1.22M	–	2528
2014 Q1	$1.22M	Sell	21,700 -27,026	-55%	-$1.49M	﹤0.01%	1597
2013 Q4	$2.78M	Buy	48,726 +36,964	+314%	+$2.03M	0.01%	1152
2013 Q3	$596K	Sell	11,762 -2,238	-16%	-$110K	﹤0.01%	1901
2013 Q2	$681K	Buy	+14,000	New	+$690K	﹤0.01%	1754

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

Cliff Asness's CNI Position: Q2 2026 in Review

Cliff Asness increased its Canadian National Railway (CNI) stake by 24% in Q2 2026, buying an estimated $31.3M and bringing the position to 1,406,399 shares worth $168M. The position accounts for 0.06% of the portfolio, ranked #444.

Cliff Asness first reported a position in CNI in Q2 2013 and has held it in 28 quarters since. 842 funds tracked by Wall St. Rank hold CNI as of Q2 2026.

Cliff Asness held 1,406,399 shares of Canadian National Railway worth $168M as of Q2 2026.
Cliff Asness bought 274,553 Canadian National Railway shares in Q2 2026, an estimated $31.3M.
Canadian National Railway made up 0.06% of Cliff Asness's portfolio in Q2 2026, its #444 holding.
Cliff Asness first reported a position in Canadian National Railway in Q2 2013 and has held it in 28 quarters since.
842 funds tracked by Wall St. Rank held Canadian National Railway as of Q2 2026.

Based on AQR Capital Management's 13F filing for Q2 2026, filed 14 Aug 2026.