Canadian National Railway
489 hedge funds and large institutions have $25B invested in Canadian National Railway in 2014 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 168 increasing their positions, 167 reducing their positions, and 31 closing their positions.
80% more call options, than puts
Call options by funds: $59.6M | Put options by funds: $33.1M
61% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 31
3% more funds holding
Funds holding: 475 → 489 (+14)
1% more repeat investments, than reductions
Existing positions increased: 168 | Existing positions reduced: 167
0.57% more ownership
Funds ownership: 52.87% → 53.44% (+0.57%)
1% less capital invested
Capital invested by funds: $25.3B → $25B (-$263M)
2% less funds holding in top 10
Funds holding in top 10: 46 → 45 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$411M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$308M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$80.6M |
| 4 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$73.9M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$44.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$215M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$162M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$102M |
| 4 |
William Blair & Company
Chicago,
Illinois
|
-$100M |
| 5 |
O
OppenheimerFunds
New York
|
-$79M |
CNI Hedge Fund Activity: Q1 2014 in Review
489 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Canadian National Railway (CNI) for Q1 2014, worth a combined $25B — down 1% from $25.3B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new CNI positions and 31 closed out — a net gain of 19 holders — while 168 added to existing stakes and 167 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $411M. The largest seller was Fidelity Investments, cutting an estimated $215M.
- 489 institutional investors held Canadian National Railway (CNI) as of Q1 2014, up from 475 in Q4 2013.
- Funds reported $25B of Canadian National Railway stock for Q1 2014, down 1% quarter-over-quarter.
- 50 funds opened new Canadian National Railway positions in Q1 2014 and 31 closed out, a net change of +19 holders.
- The largest Canadian National Railway buyer in Q1 2014 was Wellington Management Group, an estimated $411M added.
- The largest Canadian National Railway seller in Q1 2014 was Fidelity Investments, an estimated $215M sold.
Based on aggregated 13F filings for Q1 2014.