Canadian National Railway
553 hedge funds and large institutions have $29.5B invested in Canadian National Railway in 2016 Q4 according to their latest regulatory filings, with 82 funds opening new positions, 167 increasing their positions, 193 reducing their positions, and 36 closing their positions.
128% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 36
8% more funds holding
Funds holding: 514 → 553 (+39)
4% more capital invested
Capital invested by funds: $28.3B → $29.5B (+$1.17B)
0.74% more ownership
Funds ownership: 55.97% → 56.71% (+0.74%)
10% less funds holding in top 10
Funds holding in top 10: 49 → 44 (-5)
13% less repeat investments, than reductions
Existing positions increased: 167 | Existing positions reduced: 193
54% less call options, than puts
Call options by funds: $58.7M | Put options by funds: $129M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$483M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$153M |
| 3 |
Goldman Sachs
New York
|
+$123M |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$123M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
-$199M |
| 2 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$174M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$160M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$152M |
| 5 |
MTB
Mizuho Trust & Banking
Tokyo,
Japan
|
-$110M |
CNI Hedge Fund Activity: Q4 2016 in Review
553 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Canadian National Railway (CNI) for Q4 2016, worth a combined $29.5B — up 4.1% from $28.3B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new CNI positions and 36 closed out — a net gain of 46 holders — while 167 added to existing stakes and 193 trimmed.
The largest buyer was 1832 Asset Management, adding an estimated $483M. The largest seller was I.G. Investment Management, cutting an estimated $199M.
- 553 institutional investors held Canadian National Railway (CNI) as of Q4 2016, up from 514 in Q3 2016.
- Funds reported $29.5B of Canadian National Railway stock for Q4 2016, up 4.1% quarter-over-quarter.
- 82 funds opened new Canadian National Railway positions in Q4 2016 and 36 closed out, a net change of +46 holders.
- The largest Canadian National Railway buyer in Q4 2016 was 1832 Asset Management, an estimated $483M added.
- The largest Canadian National Railway seller in Q4 2016 was I.G. Investment Management, an estimated $199M sold.
Based on aggregated 13F filings for Q4 2016.