Canadian National Railway
653 hedge funds and large institutions have $36.2B invested in Canadian National Railway in 2019 Q1 according to their latest regulatory filings, with 75 funds opening new positions, 201 increasing their positions, 241 reducing their positions, and 60 closing their positions.
30% more funds holding in top 10
Funds holding in top 10: 40 → 52 (+12)
25% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 60
20% more capital invested
Capital invested by funds: $30.2B → $36.2B (+$5.98B)
1% more funds holding
Funds holding: 645 → 653 (+8)
0.14% less ownership
Funds ownership: 55.79% → 55.65% (-0.14%)
17% less repeat investments, than reductions
Existing positions increased: 201 | Existing positions reduced: 241
25% less call options, than puts
Call options by funds: $116M | Put options by funds: $154M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCI Fund Management
London,
United Kingdom
|
+$179M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$154M |
| 3 |
Legal & General Group
London,
United Kingdom
|
+$70.8M |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$51.3M |
| 5 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$45.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$260M |
| 2 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
-$111M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$96.4M |
| 4 |
Morgan Stanley
New York
|
-$62M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$53.9M |
CNI Hedge Fund Activity: Q1 2019 in Review
653 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Canadian National Railway (CNI) for Q1 2019, worth a combined $36.2B — up 20% from $30.2B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new CNI positions and 60 closed out — a net gain of 15 holders — while 201 added to existing stakes and 241 trimmed.
The largest buyer was TCI Fund Management, adding an estimated $179M. The largest seller was Wellington Management Group, cutting an estimated $260M.
- 653 institutional investors held Canadian National Railway (CNI) as of Q1 2019, up from 645 in Q4 2018.
- Funds reported $36.2B of Canadian National Railway stock for Q1 2019, up 20% quarter-over-quarter.
- 75 funds opened new Canadian National Railway positions in Q1 2019 and 60 closed out, a net change of +15 holders.
- The largest Canadian National Railway buyer in Q1 2019 was TCI Fund Management, an estimated $179M added.
- The largest Canadian National Railway seller in Q1 2019 was Wellington Management Group, an estimated $260M sold.
Based on aggregated 13F filings for Q1 2019.