Shell Asset Management’s Canadian Natural Resources CNQ Stock Holding History

Shell Asset 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
2025 Q3	–	Sell	-38,072	Closed	-$1.19M	–	1176
2025 Q2	$1.19M	Sell	38,072 -2,066	-5%	-$62.6K	0.04%	342
2025 Q1	$1.24M	Sell	40,138 -2,837	-7%	-$86K	0.06%	262
2024 Q4	$1.33M	Sell	42,975 -200	-0.5%	-$6.74K	0.06%	265
2024 Q3	$1.44M	Buy	+43,175	New	+$1.5M	0.06%	248
2024 Q1	$1.56M	Buy	87,628 +57,724	+193%	+$1.93M	0.07%	234
2023 Q4	$980K	Sell	29,904 -24,360	-45%	-$789K	0.05%	336
2023 Q3	$1.76M	Sell	54,264 -1,846	-3%	-$56.5K	0.07%	259
2023 Q2	$1.58M	Sell	56,110 -4,528	-7%	-$129K	0.06%	287
2023 Q1	$1.68M	Hold	60,638	–	–	0.07%	270
2022 Q4	$1.68M	Sell	60,638 -11,492	-16%	-$328K	0.07%	267
2022 Q3	$1.69M	Sell	72,130 -18,929	-21%	-$490K	0.07%	282
2022 Q2	$2.39M	Sell	91,059 -3,173	-3%	-$96.4K	0.07%	269
2022 Q1	$2.87M	Sell	94,232 -15,058	-14%	-$401K	0.07%	269
2021 Q4	$2.27M	Sell	109,290 -9,093	-8%	-$184K	0.05%	329
2021 Q3	$2.12M	Buy	118,383 +73,104	+161%	+$1.2M	0.05%	321
2021 Q2	$806K	Sell	45,279 -3,676	-8%	-$60.5K	0.02%	677
2021 Q1	$741K	Sell	48,955 -4,053	-8%	-$54.8K	0.01%	662
2020 Q4	$623K	Sell	53,008 -59,265	-53%	-$596K	0.01%	696
2020 Q3	$878K	Buy	112,273 +6,738	+6%	+$60.7K	0.02%	495
2020 Q2	$894K	Sell	105,535 -60,647	-36%	-$490K	0.02%	463
2020 Q1	$1.09M	Sell	166,182 -6,534	-4%	-$77.9K	0.03%	410
2019 Q4	$2.74M	Sell	172,716 -24,709	-13%	-$336K	0.06%	322
2019 Q3	$2.57M	Sell	197,425 -5,921	-3%	-$73.4K	0.06%	309
2019 Q2	$2.69M	Sell	203,346 -8,558	-4%	-$118K	0.06%	306
2019 Q1	$2.85M	Buy	211,904 +204	+0.1%	+$2.71K	0.06%	298
2018 Q4	$2.5M	Sell	211,700 -26,955	-11%	-$362K	0.06%	293
2018 Q3	$3.82M	Sell	238,655 -816	-0.3%	-$13.8K	0.08%	269
2018 Q2	$4.23M	Buy	239,471 +26,341	+12%	+$446K	0.09%	258
2018 Q1	$3.28M	Buy	213,130 +613	+0.3%	+$9.85K	0.07%	305
2017 Q4	$3.73M	Buy	212,517 +1,021	+0.5%	+$17.1K	0.07%	275
2017 Q3	$4.33M	Sell	211,496 -4,901	-2%	-$75K	0.1%	238
2017 Q2	$3.97M	Hold	216,397	–	–	0.08%	255
2017 Q1	$4.64M	Sell	216,397 -5,309	-2%	-$80.3K	0.1%	221
2016 Q4	$4.65M	Sell	221,706 -9,393	-4%	-$149K	0.11%	214
2016 Q3	$4.75M	Sell	231,099 -111,485	-33%	-$1.7M	0.1%	237
2016 Q2	$6.69M	Sell	342,584 -12,314	-3%	-$174K	0.16%	157
2016 Q1	$6.03M	Sell	354,898 -11,431	-3%	-$122K	0.14%	165
2015 Q4	$5.35M	Sell	366,329 -239,778	-40%	-$2.68M	0.13%	160
2015 Q3	$12.7M	Buy	606,107 +112,459	+23%	+$1.24M	0.2%	105
2015 Q2	$8.1M	Sell	493,648 -87,721	-15%	-$1.32M	0.16%	146
2015 Q1	$10.9M	Sell	581,369 -77,359	-12%	-$1.11M	0.19%	128
2014 Q4	$11.4M	Buy	658,728 +52,621	+9%	+$859K	0.18%	125
2014 Q3	$12.7M	Sell	606,107 -10,756	-2%	-$222K	0.2%	108
2014 Q2	$14.6M	Sell	616,863 -51,193	-8%	-$1.02M	0.23%	93
2014 Q1	$13.7M	Buy	668,056 +46,605	+7%	+$788K	0.23%	92
2013 Q4	$10.8M	Sell	621,451 -129,113	-17%	-$2.01M	0.18%	110
2013 Q3	$11.7M	Sell	750,564 -3,723	-0.5%	-$55.9K	0.22%	106
2013 Q2	$10.8M	Buy	+754,287	New	+$10.8M	0.21%	106

Other funds holding CNQ

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

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

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

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

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

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

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

T. Rowe Price Investment Management Baltimore, Maryland $145B AUM 22.78% 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

Shell Asset Management's CNQ Position: Q3 2025 in Review

Shell Asset Management sold out of Canadian Natural Resources (CNQ) in Q3 2025, closing a stake of 38,072 shares — an estimated $1.19M sold.

Shell Asset Management first reported a position in CNQ in Q2 2013 and held it in 48 quarters. The position peaked at $14.6M in Q2 2014. 636 funds tracked by Wall St. Rank hold CNQ as of Q3 2025.

Shell Asset Management reported no remaining Canadian Natural Resources position as of Q3 2025 after selling out during the quarter.
Shell Asset Management sold 38,072 Canadian Natural Resources shares in Q3 2025, an estimated $1.19M.
Shell Asset Management first reported a position in Canadian Natural Resources in Q2 2013 and held it in 48 quarters.
Shell Asset Management's Canadian Natural Resources position peaked at $14.6M in Q2 2014.
636 funds tracked by Wall St. Rank held Canadian Natural Resources as of Q3 2025.

Based on Shell Asset Management's 13F filing for Q3 2025, filed 7 Nov 2025.