Canadian National Railway
612 hedge funds and large institutions have $33.4B invested in Canadian National Railway in 2018 Q2 according to their latest regulatory filings, with 64 funds opening new positions, 168 increasing their positions, 231 reducing their positions, and 44 closing their positions.
45% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 44
38% more call options, than puts
Call options by funds: $61.3M | Put options by funds: $44.5M
16% more funds holding in top 10
Funds holding in top 10: 37 → 43 (+6)
8% more capital invested
Capital invested by funds: $30.8B → $33.4B (+$2.61B)
3% more funds holding
Funds holding: 595 → 612 (+17)
1.31% less ownership
Funds ownership: 56.7% → 55.38% (-1.3%)
27% less repeat investments, than reductions
Existing positions increased: 168 | Existing positions reduced: 231
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$946M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$190M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$108M |
| 4 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
+$77.8M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$64.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$618M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$501M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$134M |
| 4 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$129M |
| 5 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$101M |
CNI Hedge Fund Activity: Q2 2018 in Review
612 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Canadian National Railway (CNI) for Q2 2018, worth a combined $33.4B — up 8.5% from $30.8B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new CNI positions and 44 closed out — a net gain of 20 holders — while 168 added to existing stakes and 231 trimmed.
The largest buyer was Fidelity International, opening a new position worth an estimated $946M. The largest seller was Fidelity Investments, cutting an estimated $618M.
- 612 institutional investors held Canadian National Railway (CNI) as of Q2 2018, up from 595 in Q1 2018.
- Funds reported $33.4B of Canadian National Railway stock for Q2 2018, up 8.5% quarter-over-quarter.
- 64 funds opened new Canadian National Railway positions in Q2 2018 and 44 closed out, a net change of +20 holders.
- The largest Canadian National Railway buyer in Q2 2018 was Fidelity International, an estimated $946M added.
- The largest Canadian National Railway seller in Q2 2018 was Fidelity Investments, an estimated $618M sold.
Based on aggregated 13F filings for Q2 2018.