Echo Street Capital Management’s Canadian National Railway CNI Stock Holding History

Echo Street Capital 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
2023 Q4	–	Sell	-347,765	Closed	-$37.7M	–	94
2023 Q3	$37.7M	Buy	347,765 +321,192	+1,209%	+$36.9M	0.35%	59
2023 Q2	$3.22M	Buy	+26,573	New	+$3.15M	0.03%	81
2022 Q3	–	Sell	-101,300	Closed	-$11.4M	–	574
2022 Q2	$11.4M	Buy	+101,300	New	+$11.8M	0.1%	93
2022 Q1	–	Sell	-15,398	Closed	-$1.89M	–	629
2021 Q4	$1.89M	Buy	+15,398	New	+$1.95M	0.01%	164
2021 Q3	–	Sell	-200,327	Closed	-$21.1M	–	644
2021 Q2	$21.1M	Buy	+200,327	New	+$22.1M	0.16%	102
2020 Q3	–	Sell	-96,662	Closed	-$8.55M	–	165
2020 Q2	$8.55M	Buy	96,662 +10,736	+12%	+$893K	0.1%	156
2020 Q1	$6.72M	Sell	85,926 -391,260	-82%	-$34.1M	0.14%	133
2019 Q4	$43.2M	Buy	477,186 +198,222	+71%	+$17.8M	0.67%	56
2019 Q3	$25M	Buy	278,964 +148,375	+114%	+$13.7M	0.42%	95
2019 Q2	$12.1M	Sell	130,589 -130,564	-50%	-$12M	0.21%	134
2019 Q1	$23.4M	Buy	261,153 +9,322	+4%	+$782K	0.46%	86
2018 Q4	$18.7M	Buy	251,831 +131,149	+109%	+$10.9M	0.47%	74
2018 Q3	$10.8M	Buy	+120,682	New	+$10.5M	0.24%	118
2015 Q4	–	Sell	-6,253	Closed	-$355K	–	192
2015 Q3	$355K	Sell	6,253 -225,616	-97%	-$13.1M	0.01%	194
2015 Q2	$13.4M	Buy	+231,869	New	+$14.5M	0.59%	62
2014 Q2	–	Sell	-72,647	Closed	-$4.08M	–	138
2014 Q1	$4.08M	Buy	+72,647	New	+$4M	0.32%	101

Other funds holding CNI

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

TCI Fund Management London, United Kingdom $52.8B AUM 12.71% 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

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

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

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

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

Bank of New York Mellon New York $609B AUM 40.19% 1-Year Est. Return

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

Echo Street Capital Management's CNI Position: Q4 2023 in Review

Echo Street Capital Management sold out of Canadian National Railway (CNI) in Q4 2023, closing a stake of 347,765 shares — an estimated $37.7M sold.

Echo Street Capital Management first reported a position in CNI in Q1 2014 and held it in 16 quarters. The position peaked at $43.2M in Q4 2019. 824 funds tracked by Wall St. Rank hold CNI as of Q4 2023.

Echo Street Capital Management reported no remaining Canadian National Railway position as of Q4 2023 after selling out during the quarter.
Echo Street Capital Management sold 347,765 Canadian National Railway shares in Q4 2023, an estimated $37.7M.
Echo Street Capital Management first reported a position in Canadian National Railway in Q1 2014 and held it in 16 quarters.
Echo Street Capital Management's Canadian National Railway position peaked at $43.2M in Q4 2019.
824 funds tracked by Wall St. Rank held Canadian National Railway as of Q4 2023.

Based on Echo Street Capital Management's 13F filing for Q4 2023, filed 8 Feb 2024.