Horizon Kinetics’s Canadian Natural Resources CNQ Stock Holding History

Horizon Kinetics’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
2017 Q3	–	Sell	-29,372	Closed	-$415K	–	493
2017 Q2	$415K	Sell	29,372 -9,802	-25%	-$148K	0.01%	328
2017 Q1	$629K	Sell	39,174 -26,750	-41%	-$405K	0.02%	251
2016 Q4	$1.03M	Sell	65,924 -2,285	-3%	-$36.2K	0.03%	186
2016 Q3	$1.07M	Sell	68,209 -11,435	-14%	-$174K	0.03%	188
2016 Q2	$1.2M	Sell	79,644 -10,758	-12%	-$152K	0.03%	180
2016 Q1	$1.18M	Sell	90,402 -10,963	-11%	-$117K	0.03%	176
2015 Q4	$1.07M	Sell	101,365 -11,971	-11%	-$134K	0.02%	184
2015 Q3	$1.07M	Sell	113,336 -16,794	-13%	-$185K	0.02%	182
2015 Q2	$1.71M	Sell	130,130 -9,290	-7%	-$140K	0.03%	162
2015 Q1	$2.07M	Sell	139,420 -14,066	-9%	-$201K	0.03%	161
2014 Q4	$2.29M	Sell	153,486 -246,058	-62%	-$4.02M	0.03%	162
2014 Q3	$7.5M	Sell	399,544 -9,219	-2%	-$190K	0.1%	94
2014 Q2	$9.07M	Sell	408,763 -5,772	-1%	-$115K	0.12%	87
2014 Q1	$7.69M	Sell	414,535 -471,684	-53%	-$7.97M	0.1%	93
2013 Q4	$14.5M	Sell	886,219 -178,408	-17%	-$2.77M	0.18%	69
2013 Q3	$16.2M	Sell	1,064,627 -119,440	-10%	-$1.79M	0.22%	56
2013 Q2	$16.2M	Buy	+1,184,067	New	+$17M	0.24%	59

Other funds holding CNQ

Capital Research Global Investors

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

Royal Bank of Canada

Royal Bank of Canada Toronto, Ontario, Canada $528B AUM 27.57% 1-Year Est. Return

Invesco Atlanta, Georgia $653B AUM 32.41% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

T. Rowe Price Associates

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Bank of Montreal

Bank of Montreal Toronto, Ontario, Canada $245B AUM 31.4% 1-Year Est. Return

Wellington Management Group

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

Fidelity Investments

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Beutel, Goodman & Co Toronto, Ontario, Canada $14.8B AUM 15.12% 1-Year Est. Return

TD Asset Management

TD Asset Management Toronto, Ontario, Canada $123B AUM 34.51% 1-Year Est. Return