Monarch Capital Management’s Canadian National Railway CNI Stock Holding History

Monarch Capital Management’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	$639K	Buy	5,347 +30	+0.6%	+$3.42K	0.15%	95
2026 Q1	$548K	Buy	5,317 +235	+5%	+$24.2K	0.13%	96
2025 Q4	$502K	Buy	5,082 +380	+8%	+$36.5K	0.12%	96
2025 Q3	$443K	Buy	4,702 +1,165	+33%	+$112K	0.11%	100
2025 Q2	$369K	Buy	3,537 +320	+10%	+$32.6K	0.1%	102
2025 Q1	$315K	Hold	3,217	–	–	0.09%	104
2024 Q4	$327K	Buy	3,217 +30	+0.9%	+$3.28K	0.09%	104
2024 Q3	$373K	Hold	3,187	–	–	0.1%	100
2024 Q2	$378K	Sell	3,187 -250	-7%	-$31.3K	0.11%	96
2024 Q1	$453K	Sell	3,437 -53	-2%	-$6.78K	0.13%	92
2023 Q4	$438K	Sell	3,490 -700	-17%	-$79.3K	0.13%	90
2023 Q3	$456K	Hold	4,190	–	–	0.15%	87
2023 Q2	$507K	Hold	4,190	–	–	0.15%	84
2023 Q1	$496K	Hold	4,190	–	–	0.15%	83
2022 Q4	$498K	Hold	4,190	–	–	0.15%	84
2022 Q3	$452K	Sell	4,190 -140	-3%	-$16.7K	0.15%	84
2022 Q2	$487K	Hold	4,330	–	–	0.15%	85
2022 Q1	$581K	Sell	4,330 -125	-3%	-$15.6K	0.15%	82
2021 Q4	$547K	Sell	4,455 -210	-5%	-$26.6K	0.14%	84
2021 Q3	$540K	Sell	4,665 -50	-1%	-$5.53K	0.15%	84
2021 Q2	$498K	Sell	4,715 -100	-2%	-$11K	0.14%	84
2021 Q1	$558K	Hold	4,815	–	–	0.17%	83
2020 Q4	$529K	Sell	4,815 -200	-4%	-$21.6K	0.17%	81
2020 Q3	$534K	Hold	5,015	–	–	0.19%	76
2020 Q2	$444K	Hold	5,015	–	–	0.16%	78
2020 Q1	$389K	Hold	5,015	–	–	0.16%	77
2019 Q4	$454K	Sell	5,015 -350	-7%	-$31.5K	0.15%	78
2019 Q3	$482K	Hold	5,365	–	–	0.17%	71
2019 Q2	$496K	Hold	5,365	–	–	0.18%	74
2019 Q1	$480K	Buy	5,365 +225	+4%	+$18.9K	0.17%	75
2018 Q4	$381K	Buy	5,140 +400	+8%	+$33.2K	0.15%	77
2018 Q3	$426K	Sell	4,740 -900	-16%	-$78.6K	0.15%	77
2018 Q2	$461K	Hold	5,640	–	–	0.18%	75
2018 Q1	$412K	Buy	5,640 +350	+7%	+$27K	0.16%	75
2017 Q4	$436K	Sell	5,290 -500	-9%	-$40.3K	0.16%	72
2017 Q3	$480K	Hold	5,790	–	–	0.18%	72
2017 Q2	$469K	Sell	5,790 -450	-7%	-$34.3K	0.18%	72
2017 Q1	$461K	Sell	6,240 -450	-7%	-$31.9K	0.17%	73
2016 Q4	$451K	Hold	6,690	–	–	0.17%	75
2016 Q3	$438K	Hold	6,690	–	–	0.17%	76
2016 Q2	$395K	Sell	6,690 -100	-1%	-$6.03K	0.15%	78
2016 Q1	$424K	Buy	6,790 +770	+13%	+$43.1K	0.15%	78
2015 Q4	$336K	Buy	6,020 +200	+3%	+$11.7K	0.13%	81
2015 Q3	$330K	Sell	5,820 -201	-3%	-$11.7K	0.13%	81
2015 Q2	$348K	Buy	6,021 +2,321	+63%	+$145K	0.13%	82
2015 Q1	$247K	Buy	+3,700	New	+$252K	0.09%	94

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

Monarch Capital Management's CNI Position: Q2 2026 in Review

Monarch Capital Management increased its Canadian National Railway (CNI) stake by 0.56% in Q2 2026, buying an estimated $3.42K and bringing the position to 5,347 shares worth $639K. The position accounts for 0.15% of the portfolio, ranked #95.

Monarch Capital Management first reported a position in CNI in Q1 2015 and has held it in 46 quarters since. 202 funds tracked by Wall St. Rank hold CNI as of Q2 2026.

Monarch Capital Management held 5,347 shares of Canadian National Railway worth $639K as of Q2 2026.
Monarch Capital Management bought 30 Canadian National Railway shares in Q2 2026, an estimated $3.42K.
Canadian National Railway made up 0.15% of Monarch Capital Management's portfolio in Q2 2026, its #95 holding.
Monarch Capital Management first reported a position in Canadian National Railway in Q1 2015 and has held it in 46 quarters since.
202 funds tracked by Wall St. Rank held Canadian National Railway as of Q2 2026.

Based on Monarch Capital Management's 13F filing for Q2 2026, filed 22 Jul 2026.