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Merewether Investment Management’s Canadian Natural Resources CNQ Stock Holding History

Merewether Investment 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
2025
Q4 		– Sell
-168,463
Closed -$5.38M – 83
2025
Q3 		$5.38M Sell
168,463
-1,648,000
-91% -$51.6M 0.13% 64
2025
Q2 		$57M Sell
1,816,463
-77,945
-4% -$2.36M 1.64% 25
2025
Q1 		$58.3M Buy
1,894,408
+1,270,639
+204% +$38.5M 2.12% 18
2024
Q4 		$19.3M Sell
623,769
-688,446
-52% -$23.2M 0.77% 40
2024
Q3 		$43.6M Buy
1,312,215
+608,815
+87% +$21.2M 2.01% 19
2024
Q2 		$25M Buy
703,400
+35,362
+5% +$1.33M 1.32% 26
2024
Q1 		$25.5M Buy
668,038
+1,224
+0.2% +$40.9K 1.36% 26
2023
Q4 		$21.8M Buy
+666,814
New +$21.6M 1.29% 25
2023
Q2 		– Sell
-1,662,922
Closed -$46M – 38
2023
Q1 		$46M Buy
1,662,922
+704,122
+73% +$19.9M 4.08% 11
2022
Q4 		$26.6M Sell
958,800
-1,553,824
-62% -$44.4M 2.6% 17
2022
Q3 		$58.5M Buy
+2,512,624
New +$65.1M 5.86% 5
2021
Q3 		– Sell
-805,054
Closed -$14.3M – 37
2021
Q2 		$14.3M Sell
805,054
-1,355,905
-63% -$22.3M 2.52% 19
2021
Q1 		$32.7M Sell
2,160,959
-136,503
-6% -$1.85M 5.26% 8
2020
Q4 		$27.1M Buy
+2,297,462
New +$23.1M 6.97% 4

Other funds holding CNQ

Capital World Investors
Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return
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 $570B AUM 27.57% 1-Year Est. Return
Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return
Bank of Montreal
Bank of Montreal Toronto, Ontario, Canada $269B AUM 31.4% 1-Year Est. Return
CIBC World Market
CIBC World Market Toronto, Ontario, Canada $61.3B AUM 39.33% 1-Year Est. Return
Fisher Asset Management
Fisher Asset Management Camas, Washington $295B AUM 31.6% 1-Year Est. Return
Canada Pension Plan Investment Board
Canada Pension Plan Investment Board Toronto Ontario, Ontario, Canada $155B AUM 29.93% 1-Year Est. Return
TD Asset Management
TD Asset Management Toronto, Ontario, Canada $123B AUM 34.51% 1-Year Est. Return

Merewether Investment Management's CNQ Position: Q4 2025 in Review

Merewether Investment Management sold out of Canadian Natural Resources (CNQ) in Q4 2025, closing a stake of 168,463 shares — an estimated $5.38M sold.

Merewether Investment Management first reported a position in CNQ in Q4 2020 and held it in 14 quarters. The position peaked at $58.5M in Q3 2022. 673 funds tracked by Wall St. Rank hold CNQ as of Q4 2025.

  • Merewether Investment Management reported no remaining Canadian Natural Resources position as of Q4 2025 after selling out during the quarter.
  • Merewether Investment Management sold 168,463 Canadian Natural Resources shares in Q4 2025, an estimated $5.38M.
  • Merewether Investment Management first reported a position in Canadian Natural Resources in Q4 2020 and held it in 14 quarters.
  • Merewether Investment Management's Canadian Natural Resources position peaked at $58.5M in Q3 2022.
  • 673 funds tracked by Wall St. Rank held Canadian Natural Resources as of Q4 2025.

Based on Merewether Investment Management's 13F filing for Q4 2025, filed 17 Feb 2026.