Canadian National Railway
851 hedge funds and large institutions have $50.1B invested in Canadian National Railway in 2024 Q3 according to their latest regulatory filings, with 71 funds opening new positions, 287 increasing their positions, 300 reducing their positions, and 66 closing their positions.
25% more call options, than puts
Call options by funds: $109M | Put options by funds: $87.2M
8% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 66
0% less funds holding
Funds holding: 853 → 851 (-2)
4% less capital invested
Capital invested by funds: $51.9B → $50.1B (-$1.83B)
4% less repeat investments, than reductions
Existing positions increased: 287 | Existing positions reduced: 300
1.13% less ownership
Funds ownership: 68.99% → 67.86% (-1.1%)
17% less funds holding in top 10
Funds holding in top 10: 30 → 25 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$250M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$209M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$190M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$159M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$148M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$1.17B |
| 2 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
-$480M |
| 3 |
TCI Fund Management
London,
United Kingdom
|
-$472M |
| 4 |
Morgan Stanley
New York
|
-$188M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
-$119M |
CNI Hedge Fund Activity: Q3 2024 in Review
851 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Canadian National Railway (CNI) for Q3 2024, worth a combined $50.1B — down 3.5% from $51.9B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new CNI positions and 66 closed out — a net gain of 5 holders — while 287 added to existing stakes and 300 trimmed.
The largest buyer was National Bank of Canada, adding an estimated $250M. The largest seller was Fidelity International, cutting an estimated $1.17B.
- 851 institutional investors held Canadian National Railway (CNI) as of Q3 2024, down from 853 in Q2 2024.
- Funds reported $50.1B of Canadian National Railway stock for Q3 2024, down 3.5% quarter-over-quarter.
- 71 funds opened new Canadian National Railway positions in Q3 2024 and 66 closed out, a net change of +5 holders.
- The largest Canadian National Railway buyer in Q3 2024 was National Bank of Canada, an estimated $250M added.
- The largest Canadian National Railway seller in Q3 2024 was Fidelity International, an estimated $1.17B sold.
Based on aggregated 13F filings for Q3 2024.