Factory Mutual Insurance’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
2026 Q1	$37.7M	Buy	773,003 +25,200	+3%	+$1.04M	0.42%	67
2025 Q4	$25.3M	Sell	747,803 -25,200	-3%	-$817K	0.26%	96
2025 Q3	$24.7M	Buy	773,003 +123,803	+19%	+$3.88M	0.24%	104
2025 Q2	$20.4M	Hold	649,200	–	–	0.22%	115
2025 Q1	$20M	Hold	649,200	–	–	0.23%	111
2024 Q4	$20M	Buy	649,200 +72,200	+13%	+$2.43M	0.22%	118
2024 Q3	$19.2M	Hold	577,000	–	–	0.2%	124
2024 Q2	$20.5M	Buy	+577,000	New	+$21.7M	0.23%	109
2015 Q4	–	Sell	-501,416	Closed	-$4.71M	–	184
2015 Q3	$4.71M	Hold	501,416	–	–	0.06%	167
2015 Q2	$6.58M	Hold	501,416	–	–	0.09%	161
2015 Q1	$7.44M	Hold	501,416	–	–	0.1%	158
2014 Q4	$7.49M	Hold	501,416	–	–	0.1%	153
2014 Q3	$9.41M	Sell	501,416 -40,543	-7%	-$837K	0.13%	143
2014 Q2	$12M	Sell	541,959 -434,395	-44%	-$8.69M	0.16%	137
2014 Q1	$18.1M	Buy	+976,354	New	+$16.5M	0.26%	117