Canadian National Railway
508 hedge funds and large institutions have $25B invested in Canadian National Railway in 2015 Q4 according to their latest regulatory filings, with 54 funds opening new positions, 156 increasing their positions, 195 reducing their positions, and 35 closing their positions.
54% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 35
3% more funds holding
Funds holding: 495 → 508 (+13)
5% less capital invested
Capital invested by funds: $26.3B → $25B (-$1.25B)
7% less call options, than puts
Call options by funds: $32.1M | Put options by funds: $34.6M
1.67% less ownership
Funds ownership: 57.66% → 55.98% (-1.7%)
10% less funds holding in top 10
Funds holding in top 10: 49 → 44 (-5)
20% less repeat investments, than reductions
Existing positions increased: 156 | Existing positions reduced: 195
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$236M |
| 2 |
TCIM
TIAA CREF Investment Management
New York
|
+$101M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$50.5M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$44.5M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$42.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$391M |
| 2 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$237M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$104M |
| 4 |
MTB
Mizuho Trust & Banking
Tokyo,
Japan
|
-$90.6M |
| 5 |
WI
WHV Investments
San Francisco,
California
|
-$67.4M |
CNI Hedge Fund Activity: Q4 2015 in Review
508 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Canadian National Railway (CNI) for Q4 2015, worth a combined $25B — down 4.7% from $26.3B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new CNI positions and 35 closed out — a net gain of 19 holders — while 156 added to existing stakes and 195 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $236M. The largest seller was Royal Bank of Canada, cutting an estimated $391M.
- 508 institutional investors held Canadian National Railway (CNI) as of Q4 2015, up from 495 in Q3 2015.
- Funds reported $25B of Canadian National Railway stock for Q4 2015, down 4.7% quarter-over-quarter.
- 54 funds opened new Canadian National Railway positions in Q4 2015 and 35 closed out, a net change of +19 holders.
- The largest Canadian National Railway buyer in Q4 2015 was Fidelity Investments, an estimated $236M added.
- The largest Canadian National Railway seller in Q4 2015 was Royal Bank of Canada, an estimated $391M sold.
Based on aggregated 13F filings for Q4 2015.