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Canadian National Railway

738 hedge funds and large institutions have $48.3B invested in Canadian National Railway in 2022 Q3 according to their latest regulatory filings, with 61 funds opening new positions, 248 increasing their positions, 267 reducing their positions, and 71 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more funds holding in top 10

Funds holding in top 10: 4554 (+9)

7.22% more ownership

Funds ownership: 60.56%67.79% (+7.2%)

6% more capital invested

Capital invested by funds: $45.5B → $48.3B (+$2.85B)

7% less repeat investments, than reductions

Existing positions increased: 248 | Existing positions reduced: 267

2% less funds holding

Funds holding: 756738 (-18)

12% less call options, than puts

Call options by funds: $159M | Put options by funds: $180M

14% less first-time investments, than exits

New positions opened: 61 | Existing positions closed: 71

Holders
738
Holders Change
-18
Holders Change %
-2.38%
% of All Funds
12.71%
Holding in Top 10
54
Holding in Top 10 Change
+9
Holding in Top 10 Change %
+20%
% of All Funds
0.93%
New
61
Increased
248
Reduced
267
Closed
71
Calls
$159M
Puts
$180M
Net Calls
-$21.6M
Net Calls Change
+$79M
Name Holding Trade Value Shares
Change
Change in
Stake
JP Morgan Chase
26
JP Morgan Chase
New York
$495M -$4M -33,538 -0.7%
Legal & General Group
27
Legal & General Group
United Kingdom
$489M -$27.3M -229,145 -5%
Canada Pension Plan Investment Board
28
Canada Pension Plan Investment Board
Ontario, Canada
$408M +$67.2M +564,300 +18%
Toronto Dominion Bank
29
Toronto Dominion Bank
Ontario, Canada
$386M -$6.54M -54,868 -2%
HL
30
Harding Loevner
New Jersey
$351M -$9.42M -79,087 -2%
Artisan Partners
31
Artisan Partners
Wisconsin
$292M +$1.87M +15,730 +0.6%
Swiss National Bank
32
Swiss National Bank
Switzerland
$288M -$2.37M -19,900 -0.7%
Millennium Management
33
Millennium Management
New York
$250M +$43.2M +362,843 +19%
SC
34
Scotia Capital
Ontario, Canada
$241M +$2.85M +23,919 +1%
National Bank of Canada
35
National Bank of Canada
Quebec, Canada
$230M +$2.9M +24,307 +1%
Franklin Resources
36
Franklin Resources
California
$229M -$5.96M -50,042 -2%
TWC
37
TD Waterhouse Canada
Ontario, Canada
$225M -$5.56M -46,700 -3%
Morgan Stanley
38
Morgan Stanley
New York
$216M +$41.3M +346,638 +21%
Geode Capital Management
39
Geode Capital Management
Massachusetts
$207M +$15.4M +129,548 +7%
AIMCA
40
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$190M +$5.21M +43,701 +3%
Principal Financial Group
41
Principal Financial Group
Iowa
$184M +$25.3M +212,590 +14%
Bank of America
42
Bank of America
North Carolina
$183M -$25.9M -217,492 -11%
Goldman Sachs
43
Goldman Sachs
New York
$180M -$12.9M -108,429 -6%
Sumitomo Mitsui Trust Group
44
Sumitomo Mitsui Trust Group
Japan
$165M -$888K -7,455 -0.5%
LWCFA
45
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$160M +$1.13M +9,464 +0.6%
Russell Investments Group
46
Russell Investments Group
United Kingdom
$159M +$1.78M +14,950 +1%
CS
47
Credit Suisse
Switzerland
$147M +$1.47M +12,356 +0.9%
William Blair Investment Management
48
William Blair Investment Management
Illinois
$125M -$256M -2,145,866 -65%
FDCDDQ
49
Federation des caisses Desjardins du Quebec
Quebec, Canada
$120M -$8.83M -74,112 -7%
Balyasny Asset Management
50
Balyasny Asset Management
Illinois
$109M +$121M +1,012,758 New

CNI Hedge Fund Activity: Q3 2022 in Review

738 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Canadian National Railway (CNI) for Q3 2022, worth a combined $48.3B — up 6.3% from $45.5B a quarter earlier.

Sellers outnumbered buyers: 71 funds closed out of CNI and 61 opened new positions — a net loss of 10 holders — while 267 trimmed existing stakes and 248 added.

The largest buyer was Gates Foundation Trust, adding an estimated $5.31B. The largest seller was William Blair Investment Management, cutting an estimated $256M.

  • 738 institutional investors held Canadian National Railway (CNI) as of Q3 2022, down from 756 in Q2 2022.
  • Funds reported $48.3B of Canadian National Railway stock for Q3 2022, up 6.3% quarter-over-quarter.
  • 61 funds opened new Canadian National Railway positions in Q3 2022 and 71 closed out, a net change of -10 holders.
  • The largest Canadian National Railway buyer in Q3 2022 was Gates Foundation Trust, an estimated $5.31B added.
  • The largest Canadian National Railway seller in Q3 2022 was William Blair Investment Management, an estimated $256M sold.

Based on aggregated 13F filings for Q3 2022.