Old West Investment Management’s Canadian Natural Resources CNQ Stock Holding History

Old West 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
2026 Q1	$27.7M	Sell	569,348 -199,048	-26%	-$8.19M	3.01%	5
2025 Q4	$26M	Buy	768,396 +259,805	+51%	+$8.42M	4.64%	2
2025 Q3	$16.3M	Buy	508,591 +155,608	+44%	+$4.87M	3.73%	8
2025 Q2	$11.1M	Buy	352,983 +10,700	+3%	+$324K	3.65%	11
2025 Q1	$10.5M	Sell	342,283 -52,878	-13%	-$1.6M	3.8%	9
2024 Q4	$12.2M	Buy	395,161 +39,178	+11%	+$1.32M	4.94%	5
2024 Q3	$11.8M	Buy	355,983 +151,237	+74%	+$5.26M	4.57%	7
2024 Q2	$7.29M	Buy	204,746 +15,446	+8%	+$581K	3.21%	11
2024 Q1	$7.22M	Buy	189,300 +924	+0.5%	+$30.9K	3.65%	8
2023 Q4	$6.17M	Buy	188,376 +29,882	+19%	+$967K	3.17%	12
2023 Q3	$5.12M	Buy	158,494 +85,488	+117%	+$2.61M	2.59%	12
2023 Q2	$2.05M	Buy	73,006 +59,944	+459%	+$1.71M	1.07%	24
2023 Q1	$361K	Buy	+13,062	New	+$370K	0.19%	35

Other funds holding CNQ

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

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

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

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

Bank of Montreal Toronto, Ontario, Canada $269B AUM 31.4% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

Fisher Asset Management Camas, Washington $295B AUM 31.6% 1-Year Est. Return

CIBC World Market Toronto, Ontario, Canada $61.3B AUM 39.33% 1-Year Est. Return

Canada Pension Plan Investment Board Toronto Ontario, Ontario, Canada $155B AUM 29.93% 1-Year Est. Return

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

Old West Investment Management's CNQ Position: Q1 2026 in Review

Old West Investment Management reduced its Canadian Natural Resources (CNQ) stake by 26% in Q1 2026, selling an estimated $8.19M and leaving 569,348 shares worth $27.7M. The position accounts for 3.01% of the portfolio, ranked #5.

Old West Investment Management first reported a position in CNQ in Q1 2023 and has held it in 13 quarters since. 741 funds tracked by Wall St. Rank hold CNQ as of Q1 2026.

Old West Investment Management held 569,348 shares of Canadian Natural Resources worth $27.7M as of Q1 2026.
Old West Investment Management sold 199,048 Canadian Natural Resources shares in Q1 2026, an estimated $8.19M.
Canadian Natural Resources made up 3.01% of Old West Investment Management's portfolio in Q1 2026, its #5 holding.
Old West Investment Management first reported a position in Canadian Natural Resources in Q1 2023 and has held it in 13 quarters since.
741 funds tracked by Wall St. Rank held Canadian Natural Resources as of Q1 2026.

Based on Old West Investment Management's 13F filing for Q1 2026, filed 12 May 2026.