We are live on ! Find out more
CNI icon

Canadian National Railway

791 hedge funds and large institutions have $55B invested in Canadian National Railway in 2023 Q2 according to their latest regulatory filings, with 57 funds opening new positions, 267 increasing their positions, 279 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 53

1% more capital invested

Capital invested by funds: $54.4B → $55B (+$605M)

0.72% more ownership

Funds ownership: 67.81%68.53% (+0.72%)

0% more funds holding

Funds holding: 790791 (+1)

4% less repeat investments, than reductions

Existing positions increased: 267 | Existing positions reduced: 279

6% less funds holding in top 10

Funds holding in top 10: 4946 (-3)

26% less call options, than puts

Call options by funds: $111M | Put options by funds: $150M

Holders
791
Holders Change
+1
Holders Change %
+0.13%
% of All Funds
12.42%
Holding in Top 10
46
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-6.12%
% of All Funds
0.72%
New
57
Increased
267
Reduced
279
Closed
53
Calls
$111M
Puts
$150M
Net Calls
-$39M
Net Calls Change
+$20.3M
Name Holding Trade Value Shares
Change
Change in
Stake
BGC
26
Beutel, Goodman & Co
Ontario, Canada
$543M +$3.49M +29,440 +0.7%
Legal & General Group
27
Legal & General Group
United Kingdom
$531M +$2.83M +23,883 +0.5%
JP Morgan Chase
28
JP Morgan Chase
New York
$490M -$13.2M -111,134 -3%
Capital International Investors
29
Capital International Investors
California
$474M +$181M +1,525,722 +64%
Arrowstreet Capital
30
Arrowstreet Capital
Massachusetts
$434M +$230M +1,938,333 +117%
Toronto Dominion Bank
31
Toronto Dominion Bank
Ontario, Canada
$413M +$1.49M +12,600 +0.4%
HL
32
Harding Loevner
New Jersey
$367M -$8.18M -68,974 -2%
CCM
33
Causeway Capital Management
California
$350M -$219M -1,845,152 -39%
SC
34
Scotia Capital
Ontario, Canada
$289M +$12.5M +105,822 +5%
Swiss National Bank
35
Swiss National Bank
Switzerland
$259M -$20.1M -169,500 -7%
Geode Capital Management
36
Geode Capital Management
Massachusetts
$243M +$10.5M +88,568 +5%
MBI
37
Montrusco Bolton Investments
Quebec, Canada
$238M +$116M +974,096 +98%
TWC
38
TD Waterhouse Canada
Ontario, Canada
$236M +$2.41M +20,329 +1%
Morgan Stanley
39
Morgan Stanley
New York
$227M -$19.9M -167,789 -8%
Goldman Sachs
40
Goldman Sachs
New York
$220M -$50.4M -424,816 -19%
T. Rowe Price Associates
41
T. Rowe Price Associates
Maryland
$216M +$73.5M +619,828 +53%
Principal Financial Group
42
Principal Financial Group
Iowa
$200M +$2.66M +22,416 +1%
Franklin Resources
43
Franklin Resources
California
$193M -$1.06M -8,973 -0.6%
Canada Pension Plan Investment Board
44
Canada Pension Plan Investment Board
Ontario, Canada
$192M -$169M -1,429,200 -47%
Royal London Asset Management
45
Royal London Asset Management
United Kingdom
$187M +$5.34M +45,044 +3%
AIMCA
46
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$181M +$19.5M +164,237 +12%
Russell Investments Group
47
Russell Investments Group
United Kingdom
$180M -$12.6M -106,206 -7%
LWCFA
48
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$179M -$1.13M -9,510 -0.6%
CS
49
Credit Suisse
Switzerland
$165M -$3.99M -33,641 -2%
FDCDDQ
50
Federation des caisses Desjardins du Quebec
Quebec, Canada
$150M +$20M +168,870 +17%

CNI Hedge Fund Activity: Q2 2023 in Review

791 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Canadian National Railway (CNI) for Q2 2023, worth a combined $55B — up 1.1% from $54.4B a quarter earlier.

Buyers outnumbered sellers: 57 funds opened new CNI positions and 53 closed out — a net gain of 4 holders — while 267 added to existing stakes and 279 trimmed.

The largest buyer was TCI Fund Management, adding an estimated $497M. The largest seller was Massachusetts Financial Services, cutting an estimated $368M.

  • 791 institutional investors held Canadian National Railway (CNI) as of Q2 2023, up from 790 in Q1 2023.
  • Funds reported $55B of Canadian National Railway stock for Q2 2023, up 1.1% quarter-over-quarter.
  • 57 funds opened new Canadian National Railway positions in Q2 2023 and 53 closed out, a net change of +4 holders.
  • The largest Canadian National Railway buyer in Q2 2023 was TCI Fund Management, an estimated $497M added.
  • The largest Canadian National Railway seller in Q2 2023 was Massachusetts Financial Services, an estimated $368M sold.

Based on aggregated 13F filings for Q2 2023.