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Canadian National Railway

722 hedge funds and large institutions have $46.7B invested in Canadian National Railway in 2021 Q1 according to their latest regulatory filings, with 78 funds opening new positions, 246 increasing their positions, 228 reducing their positions, and 51 closing their positions.

New
Increased
Maintained
Reduced
Closed

53% more first-time investments, than exits

New positions opened: 78 | Existing positions closed: 51

6% more capital invested

Capital invested by funds: $44.2B → $46.7B (+$2.52B)

3% more funds holding

Funds holding: 700722 (+22)

8% more repeat investments, than reductions

Existing positions increased: 246 | Existing positions reduced: 228

0.09% more ownership

Funds ownership: 56.06%56.15% (+0.09%)

5% less call options, than puts

Call options by funds: $46.2M | Put options by funds: $48.4M

11% less funds holding in top 10

Funds holding in top 10: 4439 (-5)

Holders
722
Holders Change
+22
Holders Change %
+3.14%
% of All Funds
12.68%
Holding in Top 10
39
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-11.36%
% of All Funds
0.68%
New
78
Increased
246
Reduced
228
Closed
51
Calls
$46.2M
Puts
$48.4M
Net Calls
-$2.23M
Net Calls Change
-$3.49M
Name Holding Trade Value Shares
Change
Change in
Stake
Massachusetts Financial Services
1
Massachusetts Financial Services
Massachusetts
$3.82B -$33.8M -304,516 -0.9%
Royal Bank of Canada
2
Royal Bank of Canada
Ontario, Canada
$3.69B -$198M -1,786,971 -5%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$2.64B -$722K -6,507 -0%
Vanguard Group
4
Vanguard Group
Pennsylvania
$2.52B +$47.8M +430,455 +2%
TCI Fund Management
5
TCI Fund Management
United Kingdom
$2.41B
Bank of Montreal
6
Bank of Montreal
Ontario, Canada
$2B +$88.4M +796,600 +5%
Gates Foundation Trust
7
Gates Foundation Trust
Washington
$1.61B -$341M -3,071,985 -18%
TD Asset Management
8
TD Asset Management
Ontario, Canada
$1.54B -$5.25M -47,325 -0.4%
Caisse de Depot et Placement du Quebec (CDPQ)
9
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$1.37B +$300K +2,700 +0%
Mackenzie Financial
10
Mackenzie Financial
Ontario, Canada
$1.28B +$551M +4,965,361 +82%
JFL
11
Jarislowsky, Fraser Ltd
Quebec, Canada
$1.24B -$25.9M -233,590 -2%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$1.22B +$160M +1,444,880 +16%
Manulife (Manufacturers Life Insurance)
13
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1.16B -$112M -1,011,469 -11%
1832 Asset Management
14
1832 Asset Management
Ontario, Canada
$1.09B +$29.9M +269,749 +3%
Norges Bank
15
Norges Bank
Norway
$846M +$10.9M +98,553 +1%
Schroder Investment Management Group
16
Schroder Investment Management Group
United Kingdom
$810M +$161M +1,452,508 +35%
Bank of Nova Scotia
17
Bank of Nova Scotia
Ontario, Canada
$764M -$2.92M -26,267 -0.4%
CIBC Asset Management
18
CIBC Asset Management
Ontario, Canada
$688M +$46.6M +419,964 +8%
Connor, Clark & Lunn Investment Management (CC&L)
19
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$673M +$4.67M +42,045 +0.7%
CIBC World Market
20
CIBC World Market
Ontario, Canada
$655M -$32.1M -289,556 -5%
Fiera Capital (Canada)
21
Fiera Capital (Canada)
Quebec, Canada
$570M +$30.4M +273,890 +6%
Legal & General Group
22
Legal & General Group
United Kingdom
$552M +$2.14M +19,235 +0.4%
JP Morgan Chase
23
JP Morgan Chase
New York
$478M +$4.35M +39,212 +1%
Deutsche Bank
24
Deutsche Bank
Germany
$467M +$10.5M +94,300 +2%
Fidelity Investments
25
Fidelity Investments
Massachusetts
$444M -$4.88M -43,959 -1%

CNI Hedge Fund Activity: Q1 2021 in Review

722 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Canadian National Railway (CNI) for Q1 2021, worth a combined $46.7B — up 5.7% from $44.2B a quarter earlier.

Buyers outnumbered sellers: 78 funds opened new CNI positions and 51 closed out — a net gain of 27 holders — while 246 added to existing stakes and 228 trimmed.

The largest buyer was Mackenzie Financial, adding an estimated $551M. The largest seller was Canada Life, cutting an estimated $471M.

  • 722 institutional investors held Canadian National Railway (CNI) as of Q1 2021, up from 700 in Q4 2020.
  • Funds reported $46.7B of Canadian National Railway stock for Q1 2021, up 5.7% quarter-over-quarter.
  • 78 funds opened new Canadian National Railway positions in Q1 2021 and 51 closed out, a net change of +27 holders.
  • The largest Canadian National Railway buyer in Q1 2021 was Mackenzie Financial, an estimated $551M added.
  • The largest Canadian National Railway seller in Q1 2021 was Canada Life, an estimated $471M sold.

Based on aggregated 13F filings for Q1 2021.