Canadian National Railway
628 hedge funds and large institutions have $31.3B invested in Canadian National Railway in 2020 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 190 increasing their positions, 247 reducing their positions, and 95 closing their positions.
19% more funds holding in top 10
Funds holding in top 10: 42 → 50 (+8)
1.13% more ownership
Funds ownership: 55.35% → 56.48% (+1.1%)
7% less funds holding
Funds holding: 676 → 628 (-48)
11% less call options, than puts
Call options by funds: $26.7M | Put options by funds: $29.9M
13% less capital invested
Capital invested by funds: $35.9B → $31.3B (-$4.66B)
23% less repeat investments, than reductions
Existing positions increased: 190 | Existing positions reduced: 247
42% less first-time investments, than exits
New positions opened: 55 | Existing positions closed: 95
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$272M |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$234M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$194M |
| 4 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
+$122M |
| 5 |
Canada Life
Winnipeg,
Manitoba, Canada
|
+$97.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$258M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$125M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$105M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$80.2M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$47.2M |
CNI Hedge Fund Activity: Q1 2020 in Review
628 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Canadian National Railway (CNI) for Q1 2020, worth a combined $31.3B — down 13% from $35.9B a quarter earlier.
Sellers outnumbered buyers: 95 funds closed out of CNI and 55 opened new positions — a net loss of 40 holders — while 247 trimmed existing stakes and 190 added.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $272M. The largest seller was DZ Bank, cutting an estimated $258M.
- 628 institutional investors held Canadian National Railway (CNI) as of Q1 2020, down from 676 in Q4 2019.
- Funds reported $31.3B of Canadian National Railway stock for Q1 2020, down 13% quarter-over-quarter.
- 55 funds opened new Canadian National Railway positions in Q1 2020 and 95 closed out, a net change of -40 holders.
- The largest Canadian National Railway buyer in Q1 2020 was Manulife (Manufacturers Life Insurance), an estimated $272M added.
- The largest Canadian National Railway seller in Q1 2020 was DZ Bank, an estimated $258M sold.
Based on aggregated 13F filings for Q1 2020.