Troy Asset Management’s Canadian National Railway CNI Stock Holding History

Troy 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	$285M	Sell	2,628,962 -107,192	-4%	-$11.1M	8.49%	4
2025 Q4	$288M	Sell	2,736,154 -2,218	-0.1%	-$213K	7.42%	5
2025 Q3	$258M	Buy	2,738,372 +1,360,723	+99%	+$131M	6.63%	5
2025 Q2	$143M	Sell	1,377,649 -23,046	-2%	-$2.34M	3.92%	9
2025 Q1	$136M	Buy	1,400,695 +1,217,449	+664%	+$123M	3.73%	9
2024 Q4	$18.6M	Sell	183,246 -59,568	-25%	-$6.52M	0.61%	31
2024 Q3	$28.4M	Sell	242,814 -18,709	-7%	-$2.18M	0.9%	28
2024 Q2	$30.9M	Sell	261,523 -35,500	-12%	-$4.45M	1%	24
2024 Q1	$39.1M	Buy	297,023 +139,637	+89%	+$17.8M	1.18%	21
2023 Q4	$19.8M	Buy	+157,386	New	+$17.8M	0.63%	30

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 $123B AUM 34.51% 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

Troy Asset Management's CNI Position: Q1 2026 in Review

Troy Asset Management reduced its Canadian National Railway (CNI) stake by 3.9% in Q1 2026, selling an estimated $11.1M and leaving 2,628,962 shares worth $285M. The position accounts for 8.49% of the portfolio, ranked #4.

Troy Asset Management first reported a position in CNI in Q4 2023 and has held it in 10 quarters since. The position peaked at $288M in Q4 2025. 824 funds tracked by Wall St. Rank hold CNI as of Q1 2026.

Troy Asset Management held 2,628,962 shares of Canadian National Railway worth $285M as of Q1 2026.
Troy Asset Management sold 107,192 Canadian National Railway shares in Q1 2026, an estimated $11.1M.
Canadian National Railway made up 8.49% of Troy Asset Management's portfolio in Q1 2026, its #4 holding.
Troy Asset Management first reported a position in Canadian National Railway in Q4 2023 and has held it in 10 quarters since.
Troy Asset Management's Canadian National Railway position peaked at $288M in Q4 2025.
824 funds tracked by Wall St. Rank held Canadian National Railway as of Q1 2026.

Based on Troy Asset Management's 13F filing for Q1 2026, filed 11 May 2026.