Royal Bank of Canada’s Canadian National Railway CNI Stock Holding History

Royal Bank of Canada’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	$4.11M	Buy	40,000 +11,300	+39%	+$1.17M	﹤0.01%	2564
2025 Q4	$2.84M	Buy	28,700 +3,800	+15%	+$365K	﹤0.01%	2868
2025 Q3	$2.35M	Buy	+24,900	New	+$2.4M	﹤0.01%	3263
2024 Q1	–	Sell	-360,000	Closed	-$45.2M	–	7071
2023 Q4	$45.2M	Hold	360,000	–	–	0.01%	824
2023 Q3	$39M	Sell	360,000 -19,600	-5%	-$2.25M	0.01%	802
2023 Q2	$46M	Buy	379,600 +19,600	+5%	+$2.32M	0.01%	740
2023 Q1	$42.5M	Sell	360,000 -200,000	-36%	-$23.6M	0.01%	749
2022 Q4	$66.6M	Sell	560,000 -100,000	-15%	-$12M	0.02%	583
2022 Q3	$71.3M	Buy	660,000 +70,000	+12%	+$8.34M	0.02%	527
2022 Q2	$66.4M	Buy	590,000 +415,000	+237%	+$48.5M	0.02%	558
2022 Q1	$23.5M	Sell	175,000 -180,000	-51%	-$22.5M	0.01%	1139
2021 Q4	$43.6M	Buy	355,000 +65,000	+22%	+$8.24M	0.01%	905
2021 Q3	$33.5M	Hold	290,000	–	–	0.01%	982
2021 Q2	$30.6M	Buy	290,000 +10,000	+4%	+$1.1M	0.01%	1044
2021 Q1	$32.5M	Buy	280,000 +22,400	+9%	+$2.49M	0.01%	955
2020 Q4	$28.3M	Buy	257,600 +10,000	+4%	+$1.08M	0.01%	1017
2020 Q3	$26.4M	Buy	247,600 +160,000	+183%	+$16.1M	0.01%	925
2020 Q2	$7.76M	Hold	87,600	–	–	﹤0.01%	1657
2020 Q1	$6.8M	Sell	87,600 -545,000	-86%	-$47.5M	﹤0.01%	1600
2019 Q4	$57.2M	Buy	632,600 +60,100	+10%	+$5.4M	0.02%	574
2019 Q3	$51.4M	Hold	572,500	–	–	0.02%	578
2019 Q2	$52.9M	Sell	572,500 -80,000	-12%	-$7.35M	0.02%	572
2019 Q1	$58.4M	Buy	652,500 +470,000	+258%	+$39.4M	0.02%	508
2018 Q4	$13.5M	Hold	182,500	–	–	0.01%	1258
2018 Q3	$16.4M	Buy	182,500 +120,000	+192%	+$10.5M	0.01%	1261
2018 Q2	$5.11M	Sell	62,500 -126,000	-67%	-$10M	﹤0.01%	1988
2018 Q1	$13.8M	Buy	188,500 +23,500	+14%	+$1.82M	0.01%	1330
2017 Q4	$13.6M	Buy	165,000 +115,000	+230%	+$9.26M	0.01%	1394
2017 Q3	$4.14M	Hold	50,000	–	–	﹤0.01%	2123
2017 Q2	$4.05M	Sell	50,000 -12,000	-19%	-$915K	﹤0.01%	2093
2017 Q1	$4.58M	Buy	62,000 +59,000	+1,967%	+$4.18M	﹤0.01%	1973
2016 Q4	$202K	Buy	+3,000	New	+$198K	﹤0.01%	4484
2016 Q3	–	Sell	-25,000	Closed	-$1.48M	–	6412
2016 Q2	$1.48M	Buy	+25,000	New	+$1.51M	﹤0.01%	2788
2015 Q3	–	Sell	-40,000	Closed	-$2.31M	–	6648
2015 Q2	$2.31M	Buy	+40,000	New	+$2.51M	﹤0.01%	2201
2015 Q1	–	Sell	-2,500	Closed	-$172K	–	6163
2014 Q4	$172K	Buy	+2,500	New	+$171K	﹤0.01%	4440
2014 Q1	–	Sell	-20,100	Closed	-$1.15M	–	5924
2013 Q4	$1.15M	Buy	20,100 +100	+0.5%	+$5.5K	﹤0.01%	2712
2013 Q3	$1.01M	Sell	20,000 -20,000	-50%	-$987K	﹤0.01%	2751
2013 Q2	$1.95M	Buy	+40,000	New	+$1.97M	﹤0.01%	2081

Other funds holding CNI

Gates Foundation Trust Kirkland, Washington $31.7B AUM 20.52% 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

TCI Fund Management London, United Kingdom $45.2B AUM 12.74% 1-Year Est. Return

Royal Bank of Canada's CNI Position: Q1 2026 in Review

Royal Bank of Canada increased its Canadian National Railway (CNI) stake by 5.3% in Q1 2026, buying an estimated $144M and bringing the position to 27,509,225 shares worth $2.83B. The position accounts for 0.5% of the portfolio, ranked #37.

Royal Bank of Canada first reported a position in CNI in Q2 2013 and has held it in 52 quarters since. The position peaked at $3.95B in Q1 2022. 827 funds tracked by Wall St. Rank hold CNI as of Q1 2026.

Royal Bank of Canada held 27,509,225 shares of Canadian National Railway worth $2.83B as of Q1 2026.
Royal Bank of Canada bought 1,395,155 Canadian National Railway shares in Q1 2026, an estimated $144M.
Canadian National Railway made up 0.5% of Royal Bank of Canada's portfolio in Q1 2026, its #37 holding.
Royal Bank of Canada first reported a position in Canadian National Railway in Q2 2013 and has held it in 52 quarters since.
Royal Bank of Canada's Canadian National Railway position peaked at $3.95B in Q1 2022.
827 funds tracked by Wall St. Rank held Canadian National Railway as of Q1 2026.

Based on Royal Bank of Canada's 13F filing for Q1 2026, filed 15 May 2026.