Canadian National Railway
CNI
653 hedge funds and large institutions have $42.8B invested in Canadian National Railway in 2020 Q3 according to their latest regulatory filings, with 76 funds opening new positions, 179 increasing their positions, 239 reducing their positions, and 54 closing their positions.
41% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 54
26% more funds holding in top 10
Funds holding in top 10: 46 → 58 (+12)
21% more capital invested
Capital invested by funds: $35.3B → $42.8B (+$7.57B)
16% more call options, than puts
Call options by funds: $56.9M | Put options by funds: $49M
2% more funds holding
Funds holding: 638 → 653 (+15)
0.24% less ownership
Funds ownership: 56.11% → 55.87% (-0.24%)
25% less repeat investments, than reductions
Existing positions increased: 179 | Existing positions reduced: 239
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
+$364M |
| 2 |
Bank of New York Mellon
New York
|
+$276M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$117M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$91.1M |
| 5 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
+$70.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$259M |
| 2 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
-$185M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$131M |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$80.9M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$72.4M |
CNI Hedge Fund Activity: Q3 2020 in Review
653 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Canadian National Railway (CNI) for Q3 2020, worth a combined $42.8B — up 21% from $35.3B a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new CNI positions and 54 closed out — a net gain of 22 holders — while 179 added to existing stakes and 239 trimmed.
The largest buyer was Schroder Investment Management Group, adding an estimated $364M. The largest seller was TD Asset Management, cutting an estimated $259M.
- 653 institutional investors held Canadian National Railway (CNI) as of Q3 2020, up from 638 in Q2 2020.
- Funds reported $42.8B of Canadian National Railway stock for Q3 2020, up 21% quarter-over-quarter.
- 76 funds opened new Canadian National Railway positions in Q3 2020 and 54 closed out, a net change of +22 holders.
- The largest Canadian National Railway buyer in Q3 2020 was Schroder Investment Management Group, an estimated $364M added.
- The largest Canadian National Railway seller in Q3 2020 was TD Asset Management, an estimated $259M sold.
Based on aggregated 13F filings for Q3 2020.