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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
Geode Capital Management
26
Geode Capital Management
Massachusetts
$364M +$37.5M +370,409 +11%
Fidelity International
27
Fidelity International
Bermuda
$316M +$42.5M +420,367 +15%
Connor, Clark & Lunn Investment Management (CC&L)
28
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$311M -$36M -355,943 -10%
SC
29
Scotia Capital
Ontario, Canada
$309M +$17.5M +173,331 +6%
FDCDDQ
30
Federation des caisses Desjardins du Quebec
Quebec, Canada
$290M +$49.4M +488,245 +20%
Morgan Stanley
31
Morgan Stanley
New York
$281M -$2.54M -25,107 -0.9%
Canada Pension Plan Investment Board
32
Canada Pension Plan Investment Board
Ontario, Canada
$278M +$74.6M +737,879 +35%
Bank of Nova Scotia
33
Bank of Nova Scotia
Ontario, Canada
$270M +$2.08M +20,534 +0.7%
JP Morgan Chase
34
JP Morgan Chase
New York
$260M +$4.87M +48,142 +2%
Goldman Sachs
35
Goldman Sachs
New York
$260M +$76.4M +755,518 +40%
Bank of America
36
Bank of America
North Carolina
$237M -$37.3M -369,154 -13%
CF
37
Canoe Financial
Alberta, Canada
$237M +$29.7M +293,918 +14%
HL
38
Harding Loevner
New Jersey
$233M -$8.41M -83,193 -3%
QC
39
Quadrature Capital
United Kingdom
$216M +$116M +1,148,400 +108%
Ninety One (UK)
40
Ninety One (UK)
United Kingdom
$185M -$14.4M -142,323 -7%
FPP
41
Findlay Park Partners
United Kingdom
$178M +$2.48M +24,500 +1%
TWC
42
TD Waterhouse Canada
Ontario, Canada
$177M +$6.16M +60,913 +4%
Fidelity Investments
43
Fidelity Investments
Massachusetts
$173M -$9.63M -95,190 -5%
Swiss National Bank
44
Swiss National Bank
Switzerland
$148M -$3.25M -32,100 -2%
Amundi
45
Amundi
France
$147M +$43.8M +432,860 +48%
Charles Schwab
46
Charles Schwab
California
$142M +$4.39M +43,396 +3%
LWCFA
47
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$140M -$2.17M -21,488 -1%
TAM
48
Troy Asset Management
United Kingdom
$136M +$123M +1,217,449 +664%
ClearBridge Investments
49
ClearBridge Investments
New York
$127M +$2.12M +20,969 +2%
Toronto Dominion Bank
50
Toronto Dominion Bank
Ontario, Canada
$122M -$3.73M -36,895 -3%