Murchinson’s Canadian National Railway CNI Stock Holding History

Murchinson’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	$13.7M	Buy	115,000 +90,000	+360%	+$10.2M	1.89%	14
2026 Q1	$2.57M	Buy	+25,000	New	+$2.58M	0.32%	42
2025 Q4	–	Sell	-56,500	Closed	-$5.33M	–	81
2025 Q3	$5.33M	Buy	+56,500	New	+$5.45M	0.68%	21
2023 Q3	–	Sell	-415	Closed	-$532K	–	66
2023 Q2	$532K	Sell	415 -97,885	-100%	-$11.6M	0.07%	33
2023 Q1	$15.7M	Buy	+98,300	New	+$11.6M	2.23%	5

Other funds holding CNI

Gates Foundation Trust Kirkland, Washington $34.4B AUM 26.34% 1-Year Est. Return

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

Fidelity International Hamilton, Bermuda $139B AUM 29.06% 1-Year Est. Return

Caisse de Depot et Placement du Quebec (CDPQ) Montreal, Quebec, Canada $70.2B AUM 30.95% 1-Year Est. Return

1832 Asset Management Toronto, Ontario, Canada $199B AUM 37.98% 1-Year Est. Return

Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM

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

Mackenzie Financial Toronto Ontario, Ontario, Canada $100B AUM 36.93% 1-Year Est. Return

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

TCI Fund Management London, United Kingdom $52.8B AUM 12.71% 1-Year Est. Return

Murchinson's CNI Position: Q2 2026 in Review

Murchinson reduced its Canadian National Railway (CNI) stake by 51% in Q2 2026, selling an estimated $945K and leaving 8,135 shares worth $970K. The position accounts for 0.13% of the portfolio, ranked #86.

Murchinson first reported a position in CNI in Q1 2023 and has held it in 4 quarters since. The position peaked at $2.6M in Q1 2023. 844 funds tracked by Wall St. Rank hold CNI as of Q2 2026.

Murchinson held 8,135 shares of Canadian National Railway worth $970K as of Q2 2026.
Murchinson sold 8,300 Canadian National Railway shares in Q2 2026, an estimated $945K.
Canadian National Railway made up 0.13% of Murchinson's portfolio in Q2 2026, its #86 holding.
Murchinson first reported a position in Canadian National Railway in Q1 2023 and has held it in 4 quarters since.
Murchinson's Canadian National Railway position peaked at $2.6M in Q1 2023.
844 funds tracked by Wall St. Rank held Canadian National Railway as of Q2 2026.

Based on Murchinson's 13F filing for Q2 2026, filed 14 Aug 2026.