Canadian National Railway
675 hedge funds and large institutions have $35.9B invested in Canadian National Railway in 2019 Q4 according to their latest regulatory filings, with 80 funds opening new positions, 196 increasing their positions, 246 reducing their positions, and 40 closing their positions.
100% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 40
23% more call options, than puts
Call options by funds: $112M | Put options by funds: $91.1M
4% more funds holding
Funds holding: 647 → 675 (+28)
2% more capital invested
Capital invested by funds: $35.3B → $35.9B (+$615M)
0.88% more ownership
Funds ownership: 54.48% → 55.36% (+0.88%)
7% less funds holding in top 10
Funds holding in top 10: 45 → 42 (-3)
20% less repeat investments, than reductions
Existing positions increased: 196 | Existing positions reduced: 246
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$249M |
| 2 |
MG
Meritage Group
San Francisco,
California
|
+$215M |
| 3 |
TCI Fund Management
London,
United Kingdom
|
+$124M |
| 4 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$123M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$122M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$213M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$168M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$113M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$78.7M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
-$58.4M |
CNI Hedge Fund Activity: Q4 2019 in Review
675 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Canadian National Railway (CNI) for Q4 2019, worth a combined $35.9B — up 1.7% from $35.3B a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new CNI positions and 40 closed out — a net gain of 40 holders — while 196 added to existing stakes and 246 trimmed.
The largest buyer was Bank of Nova Scotia, adding an estimated $249M. The largest seller was Arrowstreet Capital, cutting an estimated $213M.
- 675 institutional investors held Canadian National Railway (CNI) as of Q4 2019, up from 647 in Q3 2019.
- Funds reported $35.9B of Canadian National Railway stock for Q4 2019, up 1.7% quarter-over-quarter.
- 80 funds opened new Canadian National Railway positions in Q4 2019 and 40 closed out, a net change of +40 holders.
- The largest Canadian National Railway buyer in Q4 2019 was Bank of Nova Scotia, an estimated $249M added.
- The largest Canadian National Railway seller in Q4 2019 was Arrowstreet Capital, an estimated $213M sold.
Based on aggregated 13F filings for Q4 2019.