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Canadian National Railway

795 hedge funds and large institutions have $40.8B invested in Canadian National Railway in 2025 Q4 according to their latest regulatory filings, with 107 funds opening new positions, 250 increasing their positions, 277 reducing their positions, and 48 closing their positions.

New
Increased
Maintained
Reduced
Closed

more first-time investments, than exits

New positions opened: | Existing positions closed:

more call options, than puts

Call options by funds: $ | Put options by funds: $

more funds holding in top 10

Funds holding in top 10:

more funds holding

Funds holding:

5% more capital invested

Capital invested by funds: $38.9B → $40.8B (+$1.95B)

0.46% more ownership

Funds ownership: 66.29%66.75% (+0.46%)

10% less repeat investments, than reductions

Existing positions increased: 250 | Existing positions reduced: 277

Holders
795
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
20
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$109M
Puts
$60.1M
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SC
26
Scotia Capital
Ontario, Canada
$380M
FDCDDQ
27
Federation des caisses Desjardins du Quebec
Quebec, Canada
$374M
Canada Pension Plan Investment Board
28
Canada Pension Plan Investment Board
Ontario, Canada
$357M
Goldman Sachs
29
Goldman Sachs
New York
$356M
CIBC Asset Management
30
CIBC Asset Management
Ontario, Canada
$348M
Connor, Clark & Lunn Investment Management (CC&L)
31
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$303M
CF
32
Canoe Financial
Alberta, Canada
$289M
TAM
33
Troy Asset Management
United Kingdom
$288M
Bank of Nova Scotia
34
Bank of Nova Scotia
Ontario, Canada
$280M
Morgan Stanley
35
Morgan Stanley
New York
$262M
BGC
36
Beutel, Goodman & Co
Ontario, Canada
$260M
JP Morgan Chase
37
JP Morgan Chase
New York
$232M
Bank of America
38
Bank of America
North Carolina
$229M
Fisher Asset Management
39
Fisher Asset Management
Washington
$225M
QC
40
Quadrature Capital
United Kingdom
$224M
HL
41
Harding Loevner
New Jersey
$212M
Toronto Dominion Bank
42
Toronto Dominion Bank
Ontario, Canada
$202M
TWC
43
TD Waterhouse Canada
Ontario, Canada
$196M
Fidelity Investments
44
Fidelity Investments
Massachusetts
$160M
Charles Schwab
45
Charles Schwab
California
$156M
Swiss National Bank
46
Swiss National Bank
Switzerland
$138M
Stifel Financial
47
Stifel Financial
Missouri
$134M
CCMIC
48
Cardinal Capital Management Inc (Canada)
Manitoba, Canada
$132M
LWCFA
49
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$131M
Dimensional Fund Advisors
50
Dimensional Fund Advisors
Texas
$127M