Canadian National Railway
645 hedge funds and large institutions have $36.6B invested in Canadian National Railway in 2018 Q3 according to their latest regulatory filings, with 72 funds opening new positions, 172 increasing their positions, 252 reducing their positions, and 36 closing their positions.
100% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 36
10% more capital invested
Capital invested by funds: $33.4B → $36.6B (+$3.22B)
7% more funds holding in top 10
Funds holding in top 10: 43 → 46 (+3)
5% more funds holding
Funds holding: 612 → 645 (+33)
0.19% more ownership
Funds ownership: 55.38% → 55.57% (+0.19%)
7% less call options, than puts
Call options by funds: $64.2M | Put options by funds: $68.8M
32% less repeat investments, than reductions
Existing positions increased: 172 | Existing positions reduced: 252
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$240M |
| 2 |
TCI Fund Management
London,
United Kingdom
|
+$155M |
| 3 |
Morgan Stanley
New York
|
+$86.6M |
| 4 |
Two Sigma Investments
New York
|
+$69.5M |
| 5 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$59.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$189M |
| 2 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
-$104M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$84.9M |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$57.2M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$55.9M |
CNI Hedge Fund Activity: Q3 2018 in Review
645 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Canadian National Railway (CNI) for Q3 2018, worth a combined $36.6B — up 9.6% from $33.4B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new CNI positions and 36 closed out — a net gain of 36 holders — while 172 added to existing stakes and 252 trimmed.
The largest buyer was Artisan Partners, opening a new position worth an estimated $240M. The largest seller was Massachusetts Financial Services, cutting an estimated $189M.
- 645 institutional investors held Canadian National Railway (CNI) as of Q3 2018, up from 612 in Q2 2018.
- Funds reported $36.6B of Canadian National Railway stock for Q3 2018, up 9.6% quarter-over-quarter.
- 72 funds opened new Canadian National Railway positions in Q3 2018 and 36 closed out, a net change of +36 holders.
- The largest Canadian National Railway buyer in Q3 2018 was Artisan Partners, an estimated $240M added.
- The largest Canadian National Railway seller in Q3 2018 was Massachusetts Financial Services, an estimated $189M sold.
Based on aggregated 13F filings for Q3 2018.