We are live on ! Find out more
CNI icon

Canadian National Railway

638 hedge funds and large institutions have $35.3B invested in Canadian National Railway in 2020 Q2 according to their latest regulatory filings, with 63 funds opening new positions, 199 increasing their positions, 244 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more call options, than puts

Call options by funds: $56M | Put options by funds: $32M

37% more first-time investments, than exits

New positions opened: 63 | Existing positions closed: 46

13% more capital invested

Capital invested by funds: $31.3B → $35.3B (+$4.03B)

2% more funds holding

Funds holding: 627638 (+11)

0.37% less ownership

Funds ownership: 56.48%56.11% (-0.37%)

8% less funds holding in top 10

Funds holding in top 10: 5046 (-4)

18% less repeat investments, than reductions

Existing positions increased: 199 | Existing positions reduced: 244

Holders
638
Holders Change
+11
Holders Change %
+1.75%
% of All Funds
13.08%
Holding in Top 10
46
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-8%
% of All Funds
0.94%
New
63
Increased
199
Reduced
244
Closed
46
Calls
$56M
Puts
$32M
Net Calls
+$24M
Net Calls Change
+$27.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Massachusetts Financial Services
1
Massachusetts Financial Services
Massachusetts
$3.08B -$93.8M -1,127,357 -3%
Royal Bank of Canada
2
Royal Bank of Canada
Ontario, Canada
$3.03B -$78.8M -946,625 -3%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$1.98B -$89.5M -1,076,023 -5%
Vanguard Group
4
Vanguard Group
Pennsylvania
$1.91B -$31.7M -380,816 -2%
TCI Fund Management
5
TCI Fund Management
United Kingdom
$1.86B +$7.53M +90,469 +0.4%
Gates Foundation Trust
6
Gates Foundation Trust
Washington
$1.52B
Bank of Montreal
7
Bank of Montreal
Ontario, Canada
$1.45B -$10.3M -123,875 -0.8%
TD Asset Management
8
TD Asset Management
Ontario, Canada
$1.41B -$9.94M -119,410 -0.7%
Caisse de Depot et Placement du Quebec (CDPQ)
9
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$1.13B +$59.4M +713,500 +6%
JFL
10
Jarislowsky, Fraser Ltd
Quebec, Canada
$976M +$19.6M +235,751 +2%
Manulife (Manufacturers Life Insurance)
11
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$823M +$18.9M +226,939 +2%
1832 Asset Management
12
1832 Asset Management
Ontario, Canada
$734M +$17.5M +210,753 +3%
Norges Bank
13
Norges Bank
Norway
$630M +$5.93M +71,291 +1%
CIBC World Market
14
CIBC World Market
Ontario, Canada
$608M -$1.58M -18,979 -0.3%
Bank of Nova Scotia
15
Bank of Nova Scotia
Ontario, Canada
$575M +$4.63M +55,612 +0.9%
Mackenzie Financial
16
Mackenzie Financial
Ontario, Canada
$538M -$19.4M -233,501 -4%
Connor, Clark & Lunn Investment Management (CC&L)
17
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$517M -$31.4M -377,333 -6%
BGC
18
Beutel, Goodman & Co
Ontario, Canada
$515M -$26.6M -320,138 -5%
Fidelity International
19
Fidelity International
Bermuda
$458M -$55.2M -662,833 -11%
CIBC Asset Management
20
CIBC Asset Management
Ontario, Canada
$455M +$26.1M +314,119 +6%
Canada Life
21
Canada Life
Manitoba, Canada
$438M -$15.6M -187,547 -4%
Legal & General Group
22
Legal & General Group
United Kingdom
$399M +$11.7M +140,653 +3%
Fiera Capital (Canada)
23
Fiera Capital (Canada)
Quebec, Canada
$397M -$19.7M -236,751 -5%
Fidelity Investments
24
Fidelity Investments
Massachusetts
$375M +$12.8M +154,000 +4%
Franklin Resources
25
Franklin Resources
California
$342M -$18.2M -218,437 -6%

CNI Hedge Fund Activity: Q2 2020 in Review

638 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Canadian National Railway (CNI) for Q2 2020, worth a combined $35.3B — up 13% from $31.3B a quarter earlier.

Buyers outnumbered sellers: 63 funds opened new CNI positions and 46 closed out — a net gain of 17 holders — while 199 added to existing stakes and 244 trimmed.

The largest buyer was Citadel Advisors, adding an estimated $103M. The largest seller was Harding Loevner, cutting an estimated $243M.

  • 638 institutional investors held Canadian National Railway (CNI) as of Q2 2020, up from 627 in Q1 2020.
  • Funds reported $35.3B of Canadian National Railway stock for Q2 2020, up 13% quarter-over-quarter.
  • 63 funds opened new Canadian National Railway positions in Q2 2020 and 46 closed out, a net change of +17 holders.
  • The largest Canadian National Railway buyer in Q2 2020 was Citadel Advisors, an estimated $103M added.
  • The largest Canadian National Railway seller in Q2 2020 was Harding Loevner, an estimated $243M sold.

Based on aggregated 13F filings for Q2 2020.