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Canadian National Railway

822 hedge funds and large institutions have $41.8B invested in Canadian National Railway in 2025 Q1 according to their latest regulatory filings, with 70 funds opening new positions, 262 increasing their positions, 317 reducing their positions, and 94 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more funds holding in top 10

Funds holding in top 10: 2024 (+4)

16% more call options, than puts

Call options by funds: $109M | Put options by funds: $93.9M

0.81% more ownership

Funds ownership: 67.5%68.3% (+0.81%)

4% less capital invested

Capital invested by funds: $43.6B → $41.8B (-$1.77B)

4% less funds holding

Funds holding: 856822 (-34)

17% less repeat investments, than reductions

Existing positions increased: 262 | Existing positions reduced: 317

26% less first-time investments, than exits

New positions opened: 70 | Existing positions closed: 94

Holders
822
Holders Change
-34
Holders Change %
-3.97%
% of All Funds
11.02%
Holding in Top 10
24
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+20%
% of All Funds
0.32%
New
70
Increased
262
Reduced
317
Closed
94
Calls
$109M
Puts
$93.9M
Net Calls
+$15.5M
Net Calls Change
-$35.4M
Name Holding Trade Value Shares
Change
Change in
Stake
BBI
426
Baxter Bros Inc
Connecticut
$775K -$40.4K -400 -5%
FC
427
Forte Capital
New York
$766K +$23.8K +235 +3%
CWM
428
Congress Wealth Management
Massachusetts
$749K +$71.6K +708 +10%
FMC
429
First Merchants Corp
Indiana
$748K -$34.9K -345 -4%
RCI
430
RS Crum Inc
California
$746K -$17.4K -172 -2%
S
431
SignatureFD
Georgia
$746K -$167K -1,655 -18%
EFS
432
Essex Financial Services
Connecticut
$745K -$24.3K -240 -3%
SICM
433
Sustainable Insight Capital Management
New York
$735K +$329K +3,253 +76%
USCWA
434
U.S. Capital Wealth Advisors
Texas
$718K +$15.6K +154 +2%
Walleye Trading
435
Walleye Trading
New York
$718K +$3.84K +38 +0.5%
TWP
436
Tempus Wealth Planning
California
$711K +$19.9K +197 +3%
PEAK6
437
PEAK6
Illinois
$707K -$77K -762 -10%
RGC
438
Roberts, Glore & Co
Illinois
$705K +$24.8K +245 +4%
AC
439
Arjuna Capital
North Carolina
$701K -$20.1K -199 -3%
KAS
440
Kestra Advisory Services
Texas
$697K -$461K -4,561 -39%
RG
441
Rathbones Group
United Kingdom
$696K
ECM
442
Exchange Capital Management
Michigan
$687K
FFBTD
443
First Financial Bank - Trust Division
Ohio
$682K -$943K -9,330 -57%
RhumbLine Advisers
444
RhumbLine Advisers
Massachusetts
$678K -$63K -623 -8%
KPWS
445
Kestra Private Wealth Services
Texas
$673K -$5.76K -57 -0.8%
VSQM
446
V-Square Quantitative Management
Illinois
$663K
SOW
447
State of Wyoming
Wyoming
$659K +$8.09K +80 +1%
VWM
448
Venturi Wealth Management
Texas
$647K -$30.9K -306 -4%
M&T Bank
449
M&T Bank
New York
$634K -$28.4K -281 -4%
CI
450
Corient IA
Florida
$633K +$657K +6,500 New

CNI Hedge Fund Activity: Q1 2025 in Review

822 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Canadian National Railway (CNI) for Q1 2025, worth a combined $41.8B — down 4.1% from $43.6B a quarter earlier.

Sellers outnumbered buyers: 94 funds closed out of CNI and 70 opened new positions — a net loss of 24 holders — while 317 trimmed existing stakes and 262 added.

The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $146M. The largest seller was TCI Fund Management, cutting an estimated $283M.

  • 822 institutional investors held Canadian National Railway (CNI) as of Q1 2025, down from 856 in Q4 2024.
  • Funds reported $41.8B of Canadian National Railway stock for Q1 2025, down 4.1% quarter-over-quarter.
  • 70 funds opened new Canadian National Railway positions in Q1 2025 and 94 closed out, a net change of -24 holders.
  • The largest Canadian National Railway buyer in Q1 2025 was Manulife (Manufacturers Life Insurance), an estimated $146M added.
  • The largest Canadian National Railway seller in Q1 2025 was TCI Fund Management, an estimated $283M sold.

Based on aggregated 13F filings for Q1 2025.