Canadian National Railway
CNI
700 hedge funds and large institutions have $44.2B invested in Canadian National Railway in 2020 Q4 according to their latest regulatory filings, with 99 funds opening new positions, 214 increasing their positions, 233 reducing their positions, and 43 closing their positions.
130% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 43
7% more funds holding
Funds holding: 653 → 700 (+47)
3% more capital invested
Capital invested by funds: $42.8B → $44.2B (+$1.32B)
3% more call options, than puts
Call options by funds: $46.3M | Put options by funds: $45M
0.19% more ownership
Funds ownership: 55.87% → 56.06% (+0.19%)
8% less repeat investments, than reductions
Existing positions increased: 214 | Existing positions reduced: 233
24% less funds holding in top 10
Funds holding in top 10: 58 → 44 (-14)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$561M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$100M |
| 3 |
MIHAS
Maj Invest Holding A/S
Copenhagen K,
Denmark
|
+$61.7M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$54.6M |
| 5 |
EPFB
Employees Provident Fund Board
Shah Alam,
Malaysia
|
+$53.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$160M |
| 2 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
-$85.4M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$83.8M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$83.4M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$67.8M |
CNI Hedge Fund Activity: Q4 2020 in Review
700 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Canadian National Railway (CNI) for Q4 2020, worth a combined $44.2B — up 3.1% from $42.8B a quarter earlier.
Buyers outnumbered sellers: 99 funds opened new CNI positions and 43 closed out — a net gain of 56 holders — while 214 added to existing stakes and 233 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $561M. The largest seller was Arrowstreet Capital, cutting an estimated $160M.
- 700 institutional investors held Canadian National Railway (CNI) as of Q4 2020, up from 653 in Q3 2020.
- Funds reported $44.2B of Canadian National Railway stock for Q4 2020, up 3.1% quarter-over-quarter.
- 99 funds opened new Canadian National Railway positions in Q4 2020 and 43 closed out, a net change of +56 holders.
- The largest Canadian National Railway buyer in Q4 2020 was Bank of New York Mellon, an estimated $561M added.
- The largest Canadian National Railway seller in Q4 2020 was Arrowstreet Capital, an estimated $160M sold.
Based on aggregated 13F filings for Q4 2020.