Canadian National Railway
513 hedge funds and large institutions have $26B invested in Canadian National Railway in 2015 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 167 increasing their positions, 200 reducing their positions, and 72 closing their positions.
0.62% more ownership
Funds ownership: 56.09% → 56.71% (+0.62%)
7% less funds holding
Funds holding: 551 → 513 (-38)
15% less capital invested
Capital invested by funds: $30.5B → $26B (-$4.48B)
17% less repeat investments, than reductions
Existing positions increased: 167 | Existing positions reduced: 200
20% less funds holding in top 10
Funds holding in top 10: 56 → 45 (-11)
40% less call options, than puts
Call options by funds: $29M | Put options by funds: $48M
40% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 72
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$505M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$237M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$234M |
| 4 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$133M |
| 5 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$120M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
-$420M |
| 2 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
-$377M |
| 3 |
WCM Investment Management
Laguna Beach,
California
|
-$177M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$159M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$154M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MPWT
576
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$13.4K | -200 | Closed |
|
|
WCM
577
Wealthcare Capital Management
Richmond,
Virginia
| – | -$12K | -191 | -72% |
|
|
WA
578
Waverly Advisors
Birmingham,
Alabama
| – | -$11K | -168 | Closed |
|
|
DA
579
Dunvegan Associates
Santa Barbara,
California
| – | -$7K | -110 | Closed |
|
580
Fuller & Thaler Asset Management
San Mateo,
California
| – | -$5K | -80 | Closed |
|
|
AF
581
Arrow Financial
Glens Falls,
New York
| – | -$4K | -60 | Closed |
|
|
PFG
582
Piershale Financial Group
Barrington,
Illinois
| – | -$3K | -50 | Closed |
|
|
TIM
583
Tortoise Investment Management
White Plains,
New York
| – | -$3K | -46 | Closed |
|
|
GWM
584
Gupta Wealth Management
San Diego,
California
| – | -$2K | -34 | Closed |
|
CNI Hedge Fund Activity: Q2 2015 in Review
513 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Canadian National Railway (CNI) for Q2 2015, worth a combined $26B — down 15% from $30.5B a quarter earlier.
Sellers outnumbered buyers: 72 funds closed out of CNI and 43 opened new positions — a net loss of 29 holders — while 200 trimmed existing stakes and 167 added.
The largest buyer was Wellington Management Group, adding an estimated $505M. The largest seller was Viking Global Investors, exiting entirely with an estimated $420M sold.
- 513 institutional investors held Canadian National Railway (CNI) as of Q2 2015, down from 551 in Q1 2015.
- Funds reported $26B of Canadian National Railway stock for Q2 2015, down 15% quarter-over-quarter.
- 43 funds opened new Canadian National Railway positions in Q2 2015 and 72 closed out, a net change of -29 holders.
- The largest Canadian National Railway buyer in Q2 2015 was Wellington Management Group, an estimated $505M added.
- The largest Canadian National Railway seller in Q2 2015 was Viking Global Investors, an estimated $420M sold.
Based on aggregated 13F filings for Q2 2015.