Canadian National Railway
500 hedge funds and large institutions have $29.4B invested in Canadian National Railway in 2014 Q2 according to their latest regulatory filings, with 52 funds opening new positions, 171 increasing their positions, 172 reducing their positions, and 35 closing their positions.
49% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 35
24% more funds holding in top 10
Funds holding in top 10: 45 → 56 (+11)
22% more call options, than puts
Call options by funds: $39.3M | Put options by funds: $32.3M
18% more capital invested
Capital invested by funds: $24.9B → $29.4B (+$4.53B)
2% more funds holding
Funds holding: 488 → 500 (+12)
1.37% more ownership
Funds ownership: 53.44% → 54.81% (+1.4%)
1% less repeat investments, than reductions
Existing positions increased: 171 | Existing positions reduced: 172
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$413M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$356M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$238M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$114M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$93.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$420M |
| 2 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
-$97.8M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$88.3M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$73.3M |
| 5 |
O
OppenheimerFunds
New York
|
-$71M |
CNI Hedge Fund Activity: Q2 2014 in Review
500 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Canadian National Railway (CNI) for Q2 2014, worth a combined $29.4B — up 18% from $24.9B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new CNI positions and 35 closed out — a net gain of 17 holders — while 171 added to existing stakes and 172 trimmed.
The largest buyer was Toronto Dominion Bank, adding an estimated $413M. The largest seller was Credit Suisse, cutting an estimated $420M.
- 500 institutional investors held Canadian National Railway (CNI) as of Q2 2014, up from 488 in Q1 2014.
- Funds reported $29.4B of Canadian National Railway stock for Q2 2014, up 18% quarter-over-quarter.
- 52 funds opened new Canadian National Railway positions in Q2 2014 and 35 closed out, a net change of +17 holders.
- The largest Canadian National Railway buyer in Q2 2014 was Toronto Dominion Bank, an estimated $413M added.
- The largest Canadian National Railway seller in Q2 2014 was Credit Suisse, an estimated $420M sold.
Based on aggregated 13F filings for Q2 2014.