Picton Mahoney Asset Management’s Canadian National Railway CNI Stock Holding History

Picton Mahoney Asset 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 Q1	$24.2M	Sell	234,955 -109,493	-32%	-$11.3M	0.18%	96
2025 Q4	$34.1M	Buy	344,448 +170,245	+98%	+$16.4M	0.26%	71
2025 Q3	$16.4M	Sell	174,203 -48,654	-22%	-$4.69M	0.15%	124
2025 Q2	$23.1M	Buy	+222,857	New	+$22.7M	0.24%	86

Other funds holding CNI

Gates Foundation Trust Kirkland, Washington $31.7B AUM 20.52% 1-Year Est. Return

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

Caisse de Depot et Placement du Quebec (CDPQ) Montreal, Quebec, Canada $62.4B AUM 23.7% 1-Year Est. Return

1832 Asset Management Toronto, Ontario, Canada $109B AUM 35.56% 1-Year Est. Return

Fidelity International Hamilton, Bermuda $129B AUM 30.83% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

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

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

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

Massachusetts Financial Services Boston, Massachusetts $315B AUM 27.84% 1-Year Est. Return

Picton Mahoney Asset Management's CNI Position: Q1 2026 in Review

Picton Mahoney Asset Management reduced its Canadian National Railway (CNI) stake by 32% in Q1 2026, selling an estimated $11.3M and leaving 234,955 shares worth $24.2M. The position accounts for 0.18% of the portfolio, ranked #96.

Picton Mahoney Asset Management first reported a position in CNI in Q2 2025 and has held it in 4 quarters since. The position peaked at $34.1M in Q4 2025. 825 funds tracked by Wall St. Rank hold CNI as of Q1 2026.

Picton Mahoney Asset Management held 234,955 shares of Canadian National Railway worth $24.2M as of Q1 2026.
Picton Mahoney Asset Management sold 109,493 Canadian National Railway shares in Q1 2026, an estimated $11.3M.
Canadian National Railway made up 0.18% of Picton Mahoney Asset Management's portfolio in Q1 2026, its #96 holding.
Picton Mahoney Asset Management first reported a position in Canadian National Railway in Q2 2025 and has held it in 4 quarters since.
Picton Mahoney Asset Management's Canadian National Railway position peaked at $34.1M in Q4 2025.
825 funds tracked by Wall St. Rank held Canadian National Railway as of Q1 2026.

Based on Picton Mahoney Asset Management's 13F filing for Q1 2026, filed 13 May 2026.