Canadian National Railway
515 hedge funds and large institutions have $28.5B invested in Canadian National Railway in 2016 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 158 increasing their positions, 202 reducing their positions, and 36 closing their positions.
20% more funds holding in top 10
Funds holding in top 10: 41 → 49 (+8)
19% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 36
8% more capital invested
Capital invested by funds: $26.3B → $28.5B (+$2.2B)
0% more funds holding
Funds holding: 513 → 515 (+2)
0.69% less ownership
Funds ownership: 56.66% → 55.97% (-0.69%)
22% less repeat investments, than reductions
Existing positions increased: 158 | Existing positions reduced: 202
39% less call options, than puts
Call options by funds: $71.3M | Put options by funds: $116M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
+$114M |
| 2 |
Lazard Asset Management
New York
|
+$66.2M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$65.2M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$49.5M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$186M |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$172M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$109M |
| 4 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
-$85.7M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$60M |
CNI Hedge Fund Activity: Q3 2016 in Review
515 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Canadian National Railway (CNI) for Q3 2016, worth a combined $28.5B — up 8.4% from $26.3B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new CNI positions and 36 closed out — a net gain of 7 holders — while 158 added to existing stakes and 202 trimmed.
The largest buyer was William Blair Investment Management, adding an estimated $114M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $186M.
- 515 institutional investors held Canadian National Railway (CNI) as of Q3 2016, up from 513 in Q2 2016.
- Funds reported $28.5B of Canadian National Railway stock for Q3 2016, up 8.4% quarter-over-quarter.
- 43 funds opened new Canadian National Railway positions in Q3 2016 and 36 closed out, a net change of +7 holders.
- The largest Canadian National Railway buyer in Q3 2016 was William Blair Investment Management, an estimated $114M added.
- The largest Canadian National Railway seller in Q3 2016 was Manulife (Manufacturers Life Insurance), an estimated $186M sold.
Based on aggregated 13F filings for Q3 2016.