Canadian National Railway
540 hedge funds and large institutions have $30.6B invested in Canadian National Railway in 2014 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 170 increasing their positions, 197 reducing their positions, and 50 closing their positions.
22% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 50
1% more funds holding
Funds holding: 536 → 540 (+4)
0.52% more ownership
Funds ownership: 53.62% → 54.14% (+0.52%)
2% less capital invested
Capital invested by funds: $31.3B → $30.6B (-$676M)
9% less funds holding in top 10
Funds holding in top 10: 69 → 63 (-6)
14% less repeat investments, than reductions
Existing positions increased: 170 | Existing positions reduced: 197
29% less call options, than puts
Call options by funds: $42.8M | Put options by funds: $60.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$428M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$169M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$136M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$119M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$111M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$269M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$112M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$106M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$95.9M |
| 5 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$77.2M |
CNI Hedge Fund Activity: Q4 2014 in Review
540 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Canadian National Railway (CNI) for Q4 2014, worth a combined $30.6B — down 2.2% from $31.3B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new CNI positions and 50 closed out — a net gain of 11 holders — while 170 added to existing stakes and 197 trimmed.
The largest buyer was BNP Paribas Financial Markets, adding an estimated $428M. The largest seller was Bank of Montreal, cutting an estimated $269M.
- 540 institutional investors held Canadian National Railway (CNI) as of Q4 2014, up from 536 in Q3 2014.
- Funds reported $30.6B of Canadian National Railway stock for Q4 2014, down 2.2% quarter-over-quarter.
- 61 funds opened new Canadian National Railway positions in Q4 2014 and 50 closed out, a net change of +11 holders.
- The largest Canadian National Railway buyer in Q4 2014 was BNP Paribas Financial Markets, an estimated $428M added.
- The largest Canadian National Railway seller in Q4 2014 was Bank of Montreal, an estimated $269M sold.
Based on aggregated 13F filings for Q4 2014.