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Canadian National Railway

823 hedge funds and large institutions have $57.4B invested in Canadian National Railway in 2023 Q4 according to their latest regulatory filings, with 113 funds opening new positions, 273 increasing their positions, 268 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

146% more first-time investments, than exits

New positions opened: 113 | Existing positions closed: 46

21% more funds holding in top 10

Funds holding in top 10: 3947 (+8)

16% more capital invested

Capital invested by funds: $49.4B → $57.4B (+$7.96B)

7% more funds holding

Funds holding: 771823 (+52)

1.11% more ownership

Funds ownership: 69.2%70.31% (+1.1%)

2% more repeat investments, than reductions

Existing positions increased: 273 | Existing positions reduced: 268

37% less call options, than puts

Call options by funds: $89.9M | Put options by funds: $144M

Holders
823
Holders Change
+52
Holders Change %
+6.74%
% of All Funds
12%
Holding in Top 10
47
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+20.51%
% of All Funds
0.69%
New
113
Increased
273
Reduced
268
Closed
46
Calls
$89.9M
Puts
$144M
Net Calls
-$53.7M
Net Calls Change
+$1.65M
Name Holding Trade Value Shares
Change
Change in
Stake
PGH
101
Partners Group Holding
Switzerland
$36.7M -$6.44M -56,816 -16%
UM
102
UniSuper Management
Australia
$36.5M
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
103
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$36.5M
LM
104
Lincluden Management
Ontario, Canada
$35.9M -$8.03M -70,868 -20%
Canada Life
105
Canada Life
Manitoba, Canada
$34.5M +$817K +7,214 +3%
MSV
106
MN Services Vermogensbeheer
Netherlands
$34.2M -$646K -5,700 -2%
BONST
107
Bank of Nova Scotia Trust
Ontario, Canada
$34M -$1.72M -15,155 -5%
GKIM
108
GW&K Investment Management
Massachusetts
$33.6M +$4.36M +38,461 +17%
Pictet Asset Management
109
Pictet Asset Management
Switzerland
$32.9M +$379K +3,342 +1%
VPI
110
Value Partners Investments
Manitoba, Canada
$32.3M +$191K +1,689 +0.7%
IIM
111
Intact Investment Management
Quebec, Canada
$32.1M -$9.42M -83,170 -25%
YL
112
YCG LLC
Texas
$31.4M +$1.61M +14,249 +6%
Voloridge Investment Management
113
Voloridge Investment Management
Florida
$30.4M -$22M -194,457 -45%
Zurich Cantonal Bank
114
Zurich Cantonal Bank
Switzerland
$30.3M -$977K -8,629 -3%
HSBC Holdings
115
HSBC Holdings
United Kingdom
$29.7M +$1.02M +9,025 +4%
BFS
116
Baskin Financial Services
Ontario, Canada
$29.5M +$41.1K +363 +0.2%
RJA
117
Raymond James & Associates
Florida
$29.3M +$3.09M +27,248 +13%
CQS
118
Credential Qtrade Securities
$29.3M -$391K -3,448 -1%
LI
119
Louisbourg Investments
New Brunswick, Canada
$29.1M +$26.1M +230,554 New
BCIM
120
British Columbia Investment Management
British Columbia, Canada
$29.1M -$78.6M -693,712 -75%
GCAC
121
Guardian Capital Advisors (Canada)
Ontario, Canada
$28.1M -$505K -4,460 -2%
GLA
122
Great Lakes Advisors
Illinois
$27.9M -$1.06M -9,390 -4%
Korea Investment Corp
123
Korea Investment Corp
South Korea
$27.6M -$84.2K -743 -0.3%
SSA
124
Schonfeld Strategic Advisors
New York
$27.4M +$24.2M +213,424 +4,268%
CP
125
Cumberland Partners
Ontario, Canada
$26.5M +$654K +5,775 +2%

CNI Hedge Fund Activity: Q4 2023 in Review

823 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Canadian National Railway (CNI) for Q4 2023, worth a combined $57.4B — up 16% from $49.4B a quarter earlier.

Buyers outnumbered sellers: 113 funds opened new CNI positions and 46 closed out — a net gain of 67 holders — while 273 added to existing stakes and 268 trimmed.

The largest buyer was Capital International Investors, adding an estimated $334M. The largest seller was Royal Bank of Canada, cutting an estimated $226M.

  • 823 institutional investors held Canadian National Railway (CNI) as of Q4 2023, up from 771 in Q3 2023.
  • Funds reported $57.4B of Canadian National Railway stock for Q4 2023, up 16% quarter-over-quarter.
  • 113 funds opened new Canadian National Railway positions in Q4 2023 and 46 closed out, a net change of +67 holders.
  • The largest Canadian National Railway buyer in Q4 2023 was Capital International Investors, an estimated $334M added.
  • The largest Canadian National Railway seller in Q4 2023 was Royal Bank of Canada, an estimated $226M sold.

Based on aggregated 13F filings for Q4 2023.