Stone Run Capital’s Canadian National Railway CNI Stock Holding History

Stone Run Capital’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
2025 Q3	$273K	Hold	2,900	–	–	0.11%	60
2025 Q2	$302K	Hold	2,900	–	–	0.12%	57
2025 Q1	$283K	Sell	2,900 -384	-12%	-$38.8K	0.12%	57
2024 Q4	$333K	Hold	3,284	–	–	0.13%	56
2024 Q3	$385K	Hold	3,284	–	–	0.14%	54
2024 Q2	$388K	Hold	3,284	–	–	0.15%	52
2024 Q1	$433K	Hold	3,284	–	–	0.17%	53
2023 Q4	$413K	Hold	3,284	–	–	0.18%	50
2023 Q3	$356K	Hold	3,284	–	–	0.17%	49
2023 Q2	$398K	Sell	3,284 -200	-6%	-$23.7K	0.18%	48
2023 Q1	$411K	Sell	3,484 -100	-3%	-$11.8K	0.2%	48
2022 Q4	$426K	Hold	3,584	–	–	0.22%	49
2022 Q3	$387K	Hold	3,584	–	–	0.21%	47
2022 Q2	$403K	Sell	3,584 -900	-20%	-$105K	0.2%	51
2022 Q1	$601K	Sell	4,484 -100	-2%	-$12.5K	0.22%	48
2021 Q4	$563K	Sell	4,584 -216	-5%	-$27.4K	0.18%	50
2021 Q3	$555K	Hold	4,800	–	–	0.19%	50
2021 Q2	$506K	Hold	4,800	–	–	0.18%	52
2021 Q1	$557K	Hold	4,800	–	–	0.21%	48
2020 Q4	$527K	Hold	4,800	–	–	0.21%	46
2020 Q3	$511K	Hold	4,800	–	–	0.23%	45
2020 Q2	$425K	Hold	4,800	–	–	0.21%	48
2020 Q1	$373K	Sell	4,800 -200	-4%	-$17.4K	0.21%	51
2019 Q4	$452K	Hold	5,000	–	–	0.2%	47
2019 Q3	$449K	Hold	5,000	–	–	0.21%	48
2019 Q2	$462K	Hold	5,000	–	–	0.21%	49
2019 Q1	$447K	Hold	5,000	–	–	0.22%	49
2018 Q4	$371K	Hold	5,000	–	–	0.23%	49
2018 Q3	$449K	Hold	5,000	–	–	0.21%	54
2018 Q2	$409K	Hold	5,000	–	–	0.22%	52
2018 Q1	$366K	Hold	5,000	–	–	0.19%	55
2017 Q4	$412K	Hold	5,000	–	–	0.21%	58
2017 Q3	$414K	Hold	5,000	–	–	0.21%	58
2017 Q2	$405K	Sell	5,000 -500	-9%	-$38.1K	0.22%	57
2017 Q1	$407K	Hold	5,500	–	–	0.24%	55
2016 Q4	$371K	Hold	5,500	–	–	0.24%	55
2016 Q3	$360K	Hold	5,500	–	–	0.22%	58
2016 Q2	$325K	Hold	5,500	–	–	0.21%	57
2016 Q1	$344K	Hold	5,500	–	–	0.22%	59
2015 Q4	$307K	Hold	5,500	–	–	0.21%	58
2015 Q3	$312K	Hold	5,500	–	–	0.25%	58
2015 Q2	$318K	Hold	5,500	–	–	0.21%	67
2015 Q1	$368K	Hold	5,500	–	–	0.24%	69
2014 Q4	$390K	Hold	5,500	–	–	0.27%	69
2014 Q3	$390K	Hold	5,500	–	–	0.28%	67
2014 Q2	$358K	Hold	5,500	–	–	0.23%	72
2014 Q1	$309K	Hold	5,500	–	–	0.22%	70
2013 Q4	$314K	Hold	5,500	–	–	0.22%	68
2013 Q3	$279K	Hold	5,500	–	–	0.23%	65
2013 Q2	$267K	Buy	+5,500	New	+$271K	0.26%	64

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

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

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

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

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

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

Massachusetts Financial Services Boston, Massachusetts $298B AUM 21.96% 1-Year Est. Return

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

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

Stone Run Capital's CNI Position: Q3 2025 in Review

Stone Run Capital held its Canadian National Railway (CNI) position steady in Q3 2025 at 2,900 shares worth $273K. The position accounts for 0.11% of the portfolio, ranked #60.

Stone Run Capital first reported a position in CNI in Q2 2013 and has held it in 50 quarters since. The position peaked at $601K in Q1 2022. 759 funds tracked by Wall St. Rank hold CNI as of Q3 2025.

Stone Run Capital held 2,900 shares of Canadian National Railway worth $273K as of Q3 2025.
Stone Run Capital left its Canadian National Railway share count unchanged in Q3 2025.
Canadian National Railway made up 0.11% of Stone Run Capital's portfolio in Q3 2025, its #60 holding.
Stone Run Capital first reported a position in Canadian National Railway in Q2 2013 and has held it in 50 quarters since.
Stone Run Capital's Canadian National Railway position peaked at $601K in Q1 2022.
759 funds tracked by Wall St. Rank held Canadian National Railway as of Q3 2025.

Based on Stone Run Capital's 13F filing for Q3 2025, filed 14 Nov 2025.