Canadian National Railway
623 hedge funds and large institutions have $34.4B invested in Canadian National Railway in 2017 Q4 according to their latest regulatory filings, with 83 funds opening new positions, 181 increasing their positions, 227 reducing their positions, and 42 closing their positions.
98% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 42
6% more funds holding
Funds holding: 588 → 623 (+35)
0.21% more ownership
Funds ownership: 55.32% → 55.53% (+0.21%)
1% less capital invested
Capital invested by funds: $34.6B → $34.4B (-$193M)
15% less funds holding in top 10
Funds holding in top 10: 55 → 47 (-8)
20% less repeat investments, than reductions
Existing positions increased: 181 | Existing positions reduced: 227
59% less call options, than puts
Call options by funds: $46.8M | Put options by funds: $114M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$265M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$108M |
| 3 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$90.1M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
+$75.9M |
| 5 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$74.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$206M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$144M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$116M |
| 4 |
QI
QV Investors
Calgary,
Alberta, Canada
|
-$74.4M |
| 5 |
Credit Agricole
Montrouge Cedex,
France
|
-$73.8M |
CNI Hedge Fund Activity: Q4 2017 in Review
623 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Canadian National Railway (CNI) for Q4 2017, worth a combined $34.4B — down 0.56% from $34.6B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new CNI positions and 42 closed out — a net gain of 41 holders — while 181 added to existing stakes and 227 trimmed.
The largest buyer was Mackenzie Financial, adding an estimated $265M. The largest seller was Bank of Montreal, cutting an estimated $206M.
- 623 institutional investors held Canadian National Railway (CNI) as of Q4 2017, up from 588 in Q3 2017.
- Funds reported $34.4B of Canadian National Railway stock for Q4 2017, down 0.56% quarter-over-quarter.
- 83 funds opened new Canadian National Railway positions in Q4 2017 and 42 closed out, a net change of +41 holders.
- The largest Canadian National Railway buyer in Q4 2017 was Mackenzie Financial, an estimated $265M added.
- The largest Canadian National Railway seller in Q4 2017 was Bank of Montreal, an estimated $206M sold.
Based on aggregated 13F filings for Q4 2017.