Horan Capital Management’s Canadian Natural Resources CNQ Stock Holding History

Horan Capital Management’s Portfolio CNQ Stock Details CNQ Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-16,565	Closed	-$245K	–	61
2015 Q1	$245K	Sell	16,565 -136,960	-89%	-$1.96M	0.07%	51
2014 Q4	$2.29M	Sell	153,525 -621,435	-80%	-$10.1M	0.79%	29
2014 Q3	$14.6M	Sell	774,960 -13,394	-2%	-$277K	4.92%	4
2014 Q2	$17.5M	Sell	788,354 -203,489	-21%	-$4.07M	5.92%	2
2014 Q1	$18.4M	Sell	991,843 -36,911	-4%	-$624K	6.35%	2
2013 Q4	$16.8M	Sell	1,028,754 -6,611	-0.6%	-$103K	5.77%	2
2013 Q3	$15.7M	Sell	1,035,365 -11,079	-1%	-$166K	5.98%	2
2013 Q2	$14.3M	Buy	+1,046,444	New	+$15M	5.62%	2

Other funds holding CNQ

Capital Research Global Investors Los Angeles, California $717B AUM 35.42% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $672B AUM 33.48% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return

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

First Eagle Investment Management New York $60.8B AUM 26.63% 1-Year Est. Return

Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return

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

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

BGC

Beutel, Goodman & Co Toronto, Ontario, Canada $13.6B AUM 17.82% 1-Year Est. Return

JFL

Jarislowsky, Fraser Ltd Montreal, Quebec, Canada $18.2B AUM 22.04% 1-Year Est. Return

Horan Capital Management's CNQ Position: Q2 2015 in Review

Horan Capital Management sold out of Canadian Natural Resources (CNQ) in Q2 2015, closing a stake of 16,565 shares — an estimated $245K sold.

Horan Capital Management first reported a position in CNQ in Q2 2013 and held it in 8 quarters. The position peaked at $18.4M in Q1 2014. 345 funds tracked by Wall St. Rank hold CNQ as of Q2 2015.

Horan Capital Management reported no remaining Canadian Natural Resources position as of Q2 2015 after selling out during the quarter.
Horan Capital Management sold 16,565 Canadian Natural Resources shares in Q2 2015, an estimated $245K.
Horan Capital Management first reported a position in Canadian Natural Resources in Q2 2013 and held it in 8 quarters.
Horan Capital Management's Canadian Natural Resources position peaked at $18.4M in Q1 2014.
345 funds tracked by Wall St. Rank held Canadian Natural Resources as of Q2 2015.

Based on Horan Capital Management's 13F filing for Q2 2015, filed 28 Jul 2015.