Canadian National Railway
645 hedge funds and large institutions have $30.2B invested in Canadian National Railway in 2018 Q4 according to their latest regulatory filings, with 78 funds opening new positions, 212 increasing their positions, 230 reducing their positions, and 74 closing their positions.
5% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 74
0.23% more ownership
Funds ownership: 55.57% → 55.79% (+0.23%)
0% more funds holding
Funds holding: 645 → 645 (0)
1% less call options, than puts
Call options by funds: $52.2M | Put options by funds: $52.6M
8% less repeat investments, than reductions
Existing positions increased: 212 | Existing positions reduced: 230
13% less funds holding in top 10
Funds holding in top 10: 46 → 40 (-6)
18% less capital invested
Capital invested by funds: $36.7B → $30.2B (-$6.42B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCI Fund Management
London,
United Kingdom
|
+$742M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
+$128M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$124M |
| 4 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
+$116M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$92.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$468M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$349M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$147M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$109M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$86.2M |
CNI Hedge Fund Activity: Q4 2018 in Review
645 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Canadian National Railway (CNI) for Q4 2018, worth a combined $30.2B — down 18% from $36.7B a quarter earlier.
Buyers outnumbered sellers: 78 funds opened new CNI positions and 74 closed out — a net gain of 4 holders — while 212 added to existing stakes and 230 trimmed.
The largest buyer was TCI Fund Management, adding an estimated $742M. The largest seller was Arrowstreet Capital, cutting an estimated $468M.
- 645 institutional investors held Canadian National Railway (CNI) as of Q4 2018, unchanged from Q3 2018.
- Funds reported $30.2B of Canadian National Railway stock for Q4 2018, down 18% quarter-over-quarter.
- 78 funds opened new Canadian National Railway positions in Q4 2018 and 74 closed out, a net change of +4 holders.
- The largest Canadian National Railway buyer in Q4 2018 was TCI Fund Management, an estimated $742M added.
- The largest Canadian National Railway seller in Q4 2018 was Arrowstreet Capital, an estimated $468M sold.
Based on aggregated 13F filings for Q4 2018.