Canadian National Railway
590 hedge funds and large institutions have $34.6B invested in Canadian National Railway in 2017 Q3 according to their latest regulatory filings, with 59 funds opening new positions, 190 increasing their positions, 207 reducing their positions, and 31 closing their positions.
90% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 31
3% more funds holding
Funds holding: 571 → 590 (+19)
0% more capital invested
Capital invested by funds: $34.5B → $34.6B (+$44.8M)
0.63% less ownership
Funds ownership: 55.95% → 55.33% (-0.63%)
8% less repeat investments, than reductions
Existing positions increased: 190 | Existing positions reduced: 207
5% less funds holding in top 10
Funds holding in top 10: 58 → 55 (-3)
56% less call options, than puts
Call options by funds: $50.5M | Put options by funds: $115M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$487M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$297M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$73M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$50.5M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
+$46.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$644M |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$238M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$158M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$135M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$117M |
CNI Hedge Fund Activity: Q3 2017 in Review
590 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Canadian National Railway (CNI) for Q3 2017, worth a combined $34.6B — up 0.13% from $34.5B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new CNI positions and 31 closed out — a net gain of 28 holders — while 190 added to existing stakes and 207 trimmed.
The largest buyer was 1832 Asset Management, adding an estimated $487M. The largest seller was Wellington Management Group, cutting an estimated $644M.
- 590 institutional investors held Canadian National Railway (CNI) as of Q3 2017, up from 571 in Q2 2017.
- Funds reported $34.6B of Canadian National Railway stock for Q3 2017, up 0.13% quarter-over-quarter.
- 59 funds opened new Canadian National Railway positions in Q3 2017 and 31 closed out, a net change of +28 holders.
- The largest Canadian National Railway buyer in Q3 2017 was 1832 Asset Management, an estimated $487M added.
- The largest Canadian National Railway seller in Q3 2017 was Wellington Management Group, an estimated $644M sold.
Based on aggregated 13F filings for Q3 2017.