Pennant Capital Management’s Canadian Natural Resources CNQ Stock Holding History

Pennant Capital 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
2015 Q1	–	Sell	-1,603,123	Closed	-$23.9M	–	41
2014 Q4	$23.9M	Sell	1,603,123 -82,742	-5%	-$1.35M	0.45%	34
2014 Q3	$31.7M	Buy	1,685,865 +72,399	+4%	+$1.49M	0.55%	31
2014 Q2	$35.8M	Sell	1,613,466 -310,282	-16%	-$6.21M	0.64%	33
2014 Q1	$35.7M	Buy	1,923,748 +127,836	+7%	+$2.16M	0.61%	34
2013 Q4	$29.4M	Sell	1,795,912 -62,883	-3%	-$978K	0.5%	36
2013 Q3	$28.3M	Sell	1,858,795 -416,606	-18%	-$6.25M	0.51%	37
2013 Q2	$31.1M	Buy	+2,275,401	New	+$32.6M	0.58%	37

Other funds holding CNQ

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

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

T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return

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

First Eagle Investment Management New York $60.8B AUM 26.63% 1-Year Est. Return

Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return

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

JFL

Jarislowsky, Fraser Ltd Montreal, Quebec, Canada $18.2B AUM 22.04% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

BGC

Beutel, Goodman & Co Toronto, Ontario, Canada $13.6B AUM 17.82% 1-Year Est. Return

Pennant Capital Management's CNQ Position: Q1 2015 in Review

Pennant Capital Management sold out of Canadian Natural Resources (CNQ) in Q1 2015, closing a stake of 1,603,123 shares — an estimated $23.9M sold.

Pennant Capital Management first reported a position in CNQ in Q2 2013 and held it in 7 quarters. The position peaked at $35.8M in Q2 2014. 354 funds tracked by Wall St. Rank hold CNQ as of Q1 2015.

Pennant Capital Management reported no remaining Canadian Natural Resources position as of Q1 2015 after selling out during the quarter.
Pennant Capital Management sold 1,603,123 Canadian Natural Resources shares in Q1 2015, an estimated $23.9M.
Pennant Capital Management first reported a position in Canadian Natural Resources in Q2 2013 and held it in 7 quarters.
Pennant Capital Management's Canadian Natural Resources position peaked at $35.8M in Q2 2014.
354 funds tracked by Wall St. Rank held Canadian Natural Resources as of Q1 2015.

Based on Pennant Capital Management's 13F filing for Q1 2015, filed 15 May 2015.