First Merchants Corp’s Canadian National Railway CNI Stock Holding History

First Merchants Corp’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	$887K	Buy	7,437 +2,900	+64%	+$330K	0.03%	208
2026 Q1	$466K	Sell	4,537 -49	-1%	-$5.05K	0.02%	264
2025 Q4	$453K	Sell	4,586 -230	-5%	-$22.1K	0.02%	271
2025 Q3	$454K	Sell	4,816 -958	-17%	-$92.4K	0.02%	278
2025 Q2	$601K	Sell	5,774 -1,900	-25%	-$193K	0.02%	252
2025 Q1	$748K	Sell	7,674 -345	-4%	-$34.9K	0.03%	240
2024 Q4	$814K	Sell	8,019 -1,100	-12%	-$120K	0.03%	245
2024 Q3	$1.07M	Buy	9,119 +100	+1%	+$11.7K	0.04%	224
2024 Q2	$1.07M	Sell	9,019 -7,175	-44%	-$898K	0.04%	219
2024 Q1	$2.13M	Sell	16,194 -1,939	-11%	-$248K	0.16%	124
2023 Q4	$2.28M	Sell	18,133 -9,141	-34%	-$1.04M	0.19%	121
2023 Q3	$2.95M	Sell	27,274 -1,433	-5%	-$164K	0.26%	105
2023 Q2	$3.48M	Sell	28,707 -1,250	-4%	-$148K	0.29%	98
2023 Q1	$3.53M	Sell	29,957 -300	-1%	-$35.5K	0.31%	101
2022 Q4	$3.6M	Sell	30,257 -953	-3%	-$114K	0.33%	98
2022 Q3	$3.37M	Sell	31,210 -425	-1%	-$50.6K	0.34%	94
2022 Q2	$3.56M	Sell	31,635 -310	-1%	-$36.2K	0.35%	91
2022 Q1	$4.29M	Sell	31,945 -1,200	-4%	-$150K	0.35%	89
2021 Q4	$4.07M	Sell	33,145 -3,825	-10%	-$485K	0.31%	95
2021 Q3	$4.28M	Sell	36,970 -850	-2%	-$94K	0.27%	91
2021 Q2	$3.99M	Buy	37,820 +50	+0.1%	+$5.52K	0.26%	97
2021 Q1	$4.38M	Buy	37,770 +63	+0.2%	+$6.99K	0.29%	89
2020 Q4	$4.14M	Sell	37,707 -1,250	-3%	-$135K	0.29%	86
2020 Q3	$4.15M	Sell	38,957 -1,070	-3%	-$107K	0.32%	77
2020 Q2	$3.54M	Sell	40,027 -3,492	-8%	-$291K	0.3%	84
2020 Q1	$3.38M	Sell	43,519 -3,272	-7%	-$285K	0.44%	72
2019 Q4	$4.23M	Buy	46,791 +1,550	+3%	+$139K	0.43%	78
2019 Q3	$4.07M	Sell	45,241 -215	-0.5%	-$19.9K	0.43%	78
2019 Q2	$4.2M	Sell	45,456 -190	-0.4%	-$17.5K	0.67%	55
2019 Q1	$4.08M	Sell	45,646 -800	-2%	-$67.1K	0.66%	57
2018 Q4	$3.44M	Sell	46,446 -1,230	-3%	-$102K	0.66%	56
2018 Q3	$4.28M	Buy	47,676 +145	+0.3%	+$12.7K	0.7%	53
2018 Q2	$3.89M	Buy	47,531 +2,299	+5%	+$183K	0.68%	54
2018 Q1	$3.31M	Buy	45,232 +1,195	+3%	+$92.3K	0.56%	60
2017 Q4	$3.63M	Buy	44,037 +5,400	+14%	+$435K	0.62%	56
2017 Q3	$3.2M	Buy	+38,637	New	+$3.13M	0.55%	64

Other funds holding CNI

Canoe Financial Calgary, Alberta, Canada $8.07B AUM 25.47% 1-Year Est. Return

PAM

PineStone Asset Management Montreal, Quebec, Canada $16.2B AUM 25.74% 1-Year Est. Return

CCMIC

Cardinal Capital Management Inc (Canada) Winnipeg, Manitoba, Canada $4.13B AUM 31.23% 1-Year Est. Return

IIM

Intact Investment Management Montreal, Quebec, Canada $3.52B AUM 37.29% 1-Year Est. Return

Addenda Capital Montreal, Quebec, Canada $3.68B AUM 32.88% 1-Year Est. Return

VPI

Value Partners Investments Winnipeg, Manitoba, Canada $1.43B AUM 18.19% 1-Year Est. Return

QV Investors Calgary, Alberta, Canada $1.3B AUM 31.14% 1-Year Est. Return

Lincluden Management Mississauga, Ontario, Canada $1.02B AUM 30.07% 1-Year Est. Return

CAM

Cidel Asset Management Toronto, Ontario, Ontario, Canada $2.08B AUM 24.89% 1-Year Est. Return

Louisbourg Investments Dieppe, New Brunswick, Canada $542M AUM 21.44% 1-Year Est. Return

First Merchants Corp's CNI Position: Q2 2026 in Review

First Merchants Corp increased its Canadian National Railway (CNI) stake by 64% in Q2 2026, buying an estimated $330K and bringing the position to 7,437 shares worth $887K. The position accounts for 0.03% of the portfolio, ranked #208.

First Merchants Corp first reported a position in CNI in Q3 2017 and has held it in 36 quarters since. The position peaked at $4.38M in Q1 2021. 202 funds tracked by Wall St. Rank hold CNI as of Q2 2026.

First Merchants Corp held 7,437 shares of Canadian National Railway worth $887K as of Q2 2026.
First Merchants Corp bought 2,900 Canadian National Railway shares in Q2 2026, an estimated $330K.
Canadian National Railway made up 0.03% of First Merchants Corp's portfolio in Q2 2026, its #208 holding.
First Merchants Corp first reported a position in Canadian National Railway in Q3 2017 and has held it in 36 quarters since.
First Merchants Corp's Canadian National Railway position peaked at $4.38M in Q1 2021.
202 funds tracked by Wall St. Rank held Canadian National Railway as of Q2 2026.

Based on First Merchants Corp's 13F filing for Q2 2026, filed 15 Jul 2026.