Canadian National Railway
638 hedge funds and large institutions have $35.3B invested in Canadian National Railway in 2020 Q2 according to their latest regulatory filings, with 63 funds opening new positions, 199 increasing their positions, 244 reducing their positions, and 46 closing their positions.
75% more call options, than puts
Call options by funds: $56M | Put options by funds: $32M
37% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 46
13% more capital invested
Capital invested by funds: $31.3B → $35.3B (+$4.03B)
2% more funds holding
Funds holding: 627 → 638 (+11)
0.37% less ownership
Funds ownership: 56.48% → 56.11% (-0.37%)
8% less funds holding in top 10
Funds holding in top 10: 50 → 46 (-4)
18% less repeat investments, than reductions
Existing positions increased: 199 | Existing positions reduced: 244
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$103M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$102M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$91.2M |
| 4 |
MSE
MUFG Securities EMEA
London,
United Kingdom
|
+$64.6M |
| 5 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$59.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
-$243M |
| 2 |
National Pension Service
Jeonju-Si, Jeollabuk-Do,
South Korea
|
-$104M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$93.8M |
| 4 |
Goldman Sachs
New York
|
-$93.5M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$89.5M |
CNI Hedge Fund Activity: Q2 2020 in Review
638 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Canadian National Railway (CNI) for Q2 2020, worth a combined $35.3B — up 13% from $31.3B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new CNI positions and 46 closed out — a net gain of 17 holders — while 199 added to existing stakes and 244 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $103M. The largest seller was Harding Loevner, cutting an estimated $243M.
- 638 institutional investors held Canadian National Railway (CNI) as of Q2 2020, up from 627 in Q1 2020.
- Funds reported $35.3B of Canadian National Railway stock for Q2 2020, up 13% quarter-over-quarter.
- 63 funds opened new Canadian National Railway positions in Q2 2020 and 46 closed out, a net change of +17 holders.
- The largest Canadian National Railway buyer in Q2 2020 was Citadel Advisors, an estimated $103M added.
- The largest Canadian National Railway seller in Q2 2020 was Harding Loevner, an estimated $243M sold.
Based on aggregated 13F filings for Q2 2020.