Canadian National Railway
643 hedge funds and large institutions have $36.5B invested in Canadian National Railway in 2019 Q2 according to their latest regulatory filings, with 59 funds opening new positions, 174 increasing their positions, 257 reducing their positions, and 63 closing their positions.
32% more call options, than puts
Call options by funds: $103M | Put options by funds: $78.5M
1% more capital invested
Capital invested by funds: $36.2B → $36.5B (+$331M)
0.58% less ownership
Funds ownership: 55.65% → 55.07% (-0.58%)
6% less first-time investments, than exits
New positions opened: 59 | Existing positions closed: 63
1% less funds holding
Funds holding: 652 → 643 (-9)
8% less funds holding in top 10
Funds holding in top 10: 52 → 48 (-4)
32% less repeat investments, than reductions
Existing positions increased: 174 | Existing positions reduced: 257
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCI Fund Management
London,
United Kingdom
|
+$564M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$259M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$112M |
| 4 |
JP Morgan Chase
New York
|
+$92M |
| 5 |
National Pension Service
Jeonju-Si, Jeollabuk-Do,
South Korea
|
+$85.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$375M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$252M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$250M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$182M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$121M |
CNI Hedge Fund Activity: Q2 2019 in Review
643 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Canadian National Railway (CNI) for Q2 2019, worth a combined $36.5B — up 0.91% from $36.2B a quarter earlier.
Sellers outnumbered buyers: 63 funds closed out of CNI and 59 opened new positions — a net loss of 4 holders — while 257 trimmed existing stakes and 174 added.
The largest buyer was TCI Fund Management, adding an estimated $564M. The largest seller was Morgan Stanley, cutting an estimated $375M.
- 643 institutional investors held Canadian National Railway (CNI) as of Q2 2019, down from 652 in Q1 2019.
- Funds reported $36.5B of Canadian National Railway stock for Q2 2019, up 0.91% quarter-over-quarter.
- 59 funds opened new Canadian National Railway positions in Q2 2019 and 63 closed out, a net change of -4 holders.
- The largest Canadian National Railway buyer in Q2 2019 was TCI Fund Management, an estimated $564M added.
- The largest Canadian National Railway seller in Q2 2019 was Morgan Stanley, an estimated $375M sold.
Based on aggregated 13F filings for Q2 2019.