Canadian National Railway
CNI
710 hedge funds and large institutions have $48.5B invested in Canadian National Railway in 2021 Q3 according to their latest regulatory filings, with 82 funds opening new positions, 219 increasing their positions, 247 reducing their positions, and 72 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 27 → 45 (+18)
14% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 72
11% more capital invested
Capital invested by funds: $43.5B → $48.5B (+$4.95B)
0.82% more ownership
Funds ownership: 57.84% → 58.66% (+0.82%)
0% more funds holding
Funds holding: 707 → 710 (+3)
11% less repeat investments, than reductions
Existing positions increased: 219 | Existing positions reduced: 247
42% less call options, than puts
Call options by funds: $134M | Put options by funds: $231M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
+$876M |
| 2 |
TCI Fund Management
London,
United Kingdom
|
+$729M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
+$449M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
+$364M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
+$327M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$437M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$405M |
| 3 |
MG
Meritage Group
San Francisco,
California
|
-$231M |
| 4 |
Two Sigma Investments
New York
|
-$201M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$176M |
CNI Hedge Fund Activity: Q3 2021 in Review
710 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Canadian National Railway (CNI) for Q3 2021, worth a combined $48.5B — up 11% from $43.5B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new CNI positions and 72 closed out — a net gain of 10 holders — while 219 added to existing stakes and 247 trimmed.
The largest buyer was Egerton Capital (UK), opening a new position worth an estimated $876M. The largest seller was Bank of Montreal, cutting an estimated $437M.
- 710 institutional investors held Canadian National Railway (CNI) as of Q3 2021, up from 707 in Q2 2021.
- Funds reported $48.5B of Canadian National Railway stock for Q3 2021, up 11% quarter-over-quarter.
- 82 funds opened new Canadian National Railway positions in Q3 2021 and 72 closed out, a net change of +10 holders.
- The largest Canadian National Railway buyer in Q3 2021 was Egerton Capital (UK), an estimated $876M added.
- The largest Canadian National Railway seller in Q3 2021 was Bank of Montreal, an estimated $437M sold.
Based on aggregated 13F filings for Q3 2021.