Canadian National Railway
CNI
856 hedge funds and large institutions have $43.6B invested in Canadian National Railway in 2024 Q4 according to their latest regulatory filings, with 102 funds opening new positions, 248 increasing their positions, 334 reducing their positions, and 83 closing their positions.
82% more call options, than puts
Call options by funds: $113M | Put options by funds: $62.1M
23% more first-time investments, than exits
New positions opened: 102 | Existing positions closed: 83
1% more funds holding
Funds holding: 851 → 856 (+5)
0.36% less ownership
Funds ownership: 67.86% → 67.5% (-0.36%)
13% less capital invested
Capital invested by funds: $50.1B → $43.6B (-$6.49B)
20% less funds holding in top 10
Funds holding in top 10: 25 → 20 (-5)
26% less repeat investments, than reductions
Existing positions increased: 248 | Existing positions reduced: 334
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CF
Canoe Financial
Calgary,
Alberta, Canada
|
+$234M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$224M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$151M |
| 4 |
Capital International Investors
Los Angeles,
California
|
+$147M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$121M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCI Fund Management
London,
United Kingdom
|
-$628M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$193M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$158M |
| 4 |
Morgan Stanley
New York
|
-$128M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$119M |
CNI Hedge Fund Activity: Q4 2024 in Review
856 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Canadian National Railway (CNI) for Q4 2024, worth a combined $43.6B — down 13% from $50.1B a quarter earlier.
Buyers outnumbered sellers: 102 funds opened new CNI positions and 83 closed out — a net gain of 19 holders — while 248 added to existing stakes and 334 trimmed.
The largest buyer was Canoe Financial, opening a new position worth an estimated $234M. The largest seller was TCI Fund Management, cutting an estimated $628M.
- 856 institutional investors held Canadian National Railway (CNI) as of Q4 2024, up from 851 in Q3 2024.
- Funds reported $43.6B of Canadian National Railway stock for Q4 2024, down 13% quarter-over-quarter.
- 102 funds opened new Canadian National Railway positions in Q4 2024 and 83 closed out, a net change of +19 holders.
- The largest Canadian National Railway buyer in Q4 2024 was Canoe Financial, an estimated $234M added.
- The largest Canadian National Railway seller in Q4 2024 was TCI Fund Management, an estimated $628M sold.
Based on aggregated 13F filings for Q4 2024.