Canadian National Railway
707 hedge funds and large institutions have $43.5B invested in Canadian National Railway in 2021 Q2 according to their latest regulatory filings, with 73 funds opening new positions, 246 increasing their positions, 228 reducing their positions, and 81 closing their positions.
63% more call options, than puts
Call options by funds: $351M | Put options by funds: $215M
1.69% more ownership
Funds ownership: 56.15% → 57.84% (+1.7%)
8% more repeat investments, than reductions
Existing positions increased: 246 | Existing positions reduced: 228
10% less first-time investments, than exits
New positions opened: 73 | Existing positions closed: 81
2% less funds holding
Funds holding: 722 → 707 (-15)
7% less capital invested
Capital invested by funds: $46.7B → $43.5B (-$3.19B)
31% less funds holding in top 10
Funds holding in top 10: 39 → 27 (-12)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCI Fund Management
London,
United Kingdom
|
+$1.03B |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$420M |
| 3 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
+$305M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$270M |
| 5 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
+$165M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$591M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$361M |
| 3 |
WCM Investment Management
Laguna Beach,
California
|
-$283M |
| 4 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
-$169M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$155M |
CNI Hedge Fund Activity: Q2 2021 in Review
707 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Canadian National Railway (CNI) for Q2 2021, worth a combined $43.5B — down 6.8% from $46.7B a quarter earlier.
Sellers outnumbered buyers: 81 funds closed out of CNI and 73 opened new positions — a net loss of 8 holders — while 228 trimmed existing stakes and 246 added.
The largest buyer was TCI Fund Management, adding an estimated $1.03B. The largest seller was Wellington Management Group, cutting an estimated $591M.
- 707 institutional investors held Canadian National Railway (CNI) as of Q2 2021, down from 722 in Q1 2021.
- Funds reported $43.5B of Canadian National Railway stock for Q2 2021, down 6.8% quarter-over-quarter.
- 73 funds opened new Canadian National Railway positions in Q2 2021 and 81 closed out, a net change of -8 holders.
- The largest Canadian National Railway buyer in Q2 2021 was TCI Fund Management, an estimated $1.03B added.
- The largest Canadian National Railway seller in Q2 2021 was Wellington Management Group, an estimated $591M sold.
Based on aggregated 13F filings for Q2 2021.