We are live on ! Find out more
CNI icon

Canadian National Railway
CNI

856 hedge funds and large institutions have $59.1B invested in Canadian National Railway in 2024 Q1 according to their latest regulatory filings, with 88 funds opening new positions, 284 increasing their positions, 292 reducing their positions, and 45 closing their positions.

New
Increased
Maintained
Reduced
Closed

249% more call options, than puts

Call options by funds: $168M | Put options by funds: $48.2M

96% more first-time investments, than exits

New positions opened: 88 | Existing positions closed: 45

4% more funds holding

Funds holding: 823 → 856 (+33)

3% more capital invested

Capital invested by funds: $57.4B → $59.1B (+$1.74B)

0.37% less ownership

Funds ownership: 70.31% → 69.94% (-0.37%)

3% less repeat investments, than reductions

Existing positions increased: 284 | Existing positions reduced: 292

11% less funds holding in top 10

Funds holding in top 10: 47 → 42 (-5)

Holders
856
Holders Change
+33
Holders Change %
+4.01%
% of All Funds
12.33%
Holding in Top 10
42
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-10.64%
% of All Funds
0.61%
New
88
Increased
284
Reduced
292
Closed
45
Calls
$168M
Puts
$48.2M
Net Calls
+$120M
Net Calls Change
+$174M

Top Buyers

1
Canada Pension Plan Investment Board
Canada Pension Plan Investment Board
Ontario, Canada
+$277M
2
Capital International Investors
Capital International Investors
California
+$176M
3
AllianceBernstein
AllianceBernstein
Tennessee
+$104M
4
ECU
Egerton Capital (UK)
United Kingdom
+$89.2M
5
Ninety One (UK)
Ninety One (UK)
United Kingdom
+$62.1M

Top Sellers

1
Toronto Dominion Bank
Toronto Dominion Bank
Ontario, Canada
-$361M
2
Wellington Management Group
Wellington Management Group
Massachusetts
-$240M
3
Morgan Stanley
Morgan Stanley
New York
-$172M
4
MBI
Montrusco Bolton Investments
Quebec, Canada
-$156M
5
National Bank of Canada
National Bank of Canada
Quebec, Canada
-$139M
Name Holding Trade Value Shares
Change 		Change in
Stake
Axa
101
Axa
France
$38.8M +$16.9M +132,528 +82%
HTHT
102
Hemenway Trust Hemenway Trust
New Hampshire
$37.5M -$1.17M -9,143 -3%
NC
103
Nekton Capital
United Kingdom
$37.1M -$14.6M -114,352 -29%
LM
104
Lincluden Management
Ontario, Canada
$36.5M -$1.04M -8,113 -3%
CP
105
Cumberland Partners
Ontario, Canada
$35.6M +$3.68M +28,816 +12%
BONST
106
Bank of Nova Scotia Trust
Ontario, Canada
$35.6M -$57.3K -448 -0.2%
UM
107
UniSuper Management
Australia
$35.2M -$2.77M -21,700 -10%
QI
108
QV Investors
Alberta, Canada
$35.2M -$10.8M -84,151 -24%
GKIM
109
GW&K Investment Management
Massachusetts
$34.9M -$335K -2,620 -1%
PGH
110
Partners Group Holding
Switzerland
$34.8M -$3.83M -29,982 -10%
Pictet Asset Management
111
Pictet Asset Management
Switzerland
$34.4M -$122K -956 -0.4%
VPI
112
Value Partners Investments
Manitoba, Canada
$33.9M +$107K +839 +0.3%
HSBC Holdings
113
HSBC Holdings
United Kingdom
$33M +$1.91M +14,933 +6%
YL
114
YCG LLC
Texas
$32.9M +$31.2K +244 +0.1%
CAM
115
Cidel Asset Management
Ontario, Canada
$32.9M -$53.7M -420,083 -63%
RJA
116
Raymond James & Associates
Florida
$32.7M +$1.91M +14,956 +6%
BFS
117
Baskin Financial Services
Ontario, Canada
$31.9M +$993K +7,770 +3%
Zurich Cantonal Bank
118
Zurich Cantonal Bank
Switzerland
$31.8M +$101K +789 +0.3%
CQS
119
Credential Qtrade Securities
$30.5M -$212K -1,660 -0.7%
CGPCS
120
Capital Group Private Client Services
California
$30.1M +$3.75M +29,313 +15%
MSV
121
MN Services Vermogensbeheer
Netherlands
$29.1M -$6.42M -50,200 -19%
Korea Investment Corp
122
Korea Investment Corp
South Korea
$29.1M +$239K +1,868 +0.9%
LI
123
Louisbourg Investments
New Brunswick, Canada
$28.9M -$1.43M -11,217 -5%
GCAC
124
Guardian Capital Advisors (Canada)
Ontario, Canada
$28.4M -$104K -816 -0.4%
NEI
125
Northwest & Ethical Investments
Ontario, Canada
$28.2M -$11.8M -92,500 -30%
3 4
5
6 7

CNI Hedge Fund Activity: Q1 2024 in Review

856 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Canadian National Railway (CNI) for Q1 2024, worth a combined $59.1B — up 3% from $57.4B a quarter earlier.

Buyers outnumbered sellers: 88 funds opened new CNI positions and 45 closed out — a net gain of 43 holders — while 284 added to existing stakes and 292 trimmed.

The largest buyer was Canada Pension Plan Investment Board, adding an estimated $277M. The largest seller was Toronto Dominion Bank, cutting an estimated $361M.

  • 856 institutional investors held Canadian National Railway (CNI) as of Q1 2024, up from 823 in Q4 2023.
  • Funds reported $59.1B of Canadian National Railway stock for Q1 2024, up 3% quarter-over-quarter.
  • 88 funds opened new Canadian National Railway positions in Q1 2024 and 45 closed out, a net change of +43 holders.
  • The largest Canadian National Railway buyer in Q1 2024 was Canada Pension Plan Investment Board, an estimated $277M added.
  • The largest Canadian National Railway seller in Q1 2024 was Toronto Dominion Bank, an estimated $361M sold.

Based on aggregated 13F filings for Q1 2024.