National Bank of Canada’s Canadian Natural Resources CNQ Stock Holding History

National Bank of Canada’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
2026 Q2	$25M	Sell	6,321 -4,223	-40%	-$192K	0.02%	490
2026 Q1	$51.4M	Sell	10,544 -2,493	-19%	-$103K	0.05%	280
2025 Q4	$44.2M	Sell	13,037 -77	-0.6%	-$2.5K	0.04%	340
2025 Q3	$41.9M	Buy	13,114 +3,748	+40%	+$117K	0.04%	323
2025 Q2	$29.4M	Buy	9,366 +2,053	+28%	+$62.2K	0.03%	440
2025 Q1	$22.5M	Buy	7,313 +2,332	+47%	+$70.7K	0.02%	486
2024 Q4	$15.4M	Buy	+4,981	New	+$168K	0.02%	635

Other funds holding CNQ

Capital World Investors Los Angeles, California $846B AUM 46.74% 1-Year Est. Return

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

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

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM

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

Healthcare of Ontario Pension Plan (HOOPP) Trust Fund Toronto, Ontario, Canada $71.2B AUM 48.86% 1-Year Est. Return

CIBC World Market Toronto, Ontario, Canada $62.3B AUM 44.64% 1-Year Est. Return

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

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

National Bank of Canada's CNQ Position: Q2 2026 in Review

National Bank of Canada increased its Canadian Natural Resources (CNQ) stake by 58% in Q2 2026, buying an estimated $319M and bringing the position to 19,011,978 shares worth $749M. The position accounts for 0.54% of the portfolio, ranked #39.

National Bank of Canada first reported a position in CNQ in Q4 2021 and has held it in 19 quarters since. The position peaked at $953M in Q1 2023. 573 funds tracked by Wall St. Rank hold CNQ as of Q2 2026.

National Bank of Canada held 19,011,978 shares of Canadian Natural Resources worth $749M as of Q2 2026.
National Bank of Canada bought 7,007,557 Canadian Natural Resources shares in Q2 2026, an estimated $319M.
Canadian Natural Resources made up 0.54% of National Bank of Canada's portfolio in Q2 2026, its #39 holding.
National Bank of Canada first reported a position in Canadian Natural Resources in Q4 2021 and has held it in 19 quarters since.
National Bank of Canada's Canadian Natural Resources position peaked at $953M in Q1 2023.
573 funds tracked by Wall St. Rank held Canadian Natural Resources as of Q2 2026.

Based on National Bank of Canada's 13F filing for Q2 2026, filed 10 Aug 2026.