Canadian National Railway
857 hedge funds and large institutions have $59.1B invested in Canadian National Railway in 2024 Q1 according to their latest regulatory filings, with 88 funds opening new positions, 285 increasing their positions, 291 reducing their positions, and 45 closing their positions.
249% more call options, than puts
Call options by funds: $168M | Put options by funds: $48.2M
96% more first-time investments, than exits
New positions opened: 88 | Existing positions closed: 45
4% more funds holding
Funds holding: 824 → 857 (+33)
3% more capital invested
Capital invested by funds: $57.2B → $59.1B (+$1.92B)
0.17% less ownership
Funds ownership: 70.1% → 69.93% (-0.17%)
2% less repeat investments, than reductions
Existing positions increased: 285 | Existing positions reduced: 291
11% less funds holding in top 10
Funds holding in top 10: 47 → 42 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$277M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$176M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$104M |
| 4 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
+$89.2M |
| 5 |
Ninety One (UK)
London,
United Kingdom
|
+$62.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$361M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$240M |
| 3 |
MBI
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
-$156M |
| 4 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$139M |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$108M |
CNI Hedge Fund Activity: Q1 2024 in Review
857 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Canadian National Railway (CNI) for Q1 2024, worth a combined $59.1B — up 3.3% from $57.2B a quarter earlier.
Buyers outnumbered sellers: 88 funds opened new CNI positions and 45 closed out — a net gain of 43 holders — while 285 added to existing stakes and 291 trimmed.
The largest buyer was Canada Pension Plan Investment Board, adding an estimated $277M. The largest seller was Toronto Dominion Bank, cutting an estimated $361M.
- 857 institutional investors held Canadian National Railway (CNI) as of Q1 2024, up from 824 in Q4 2023.
- Funds reported $59.1B of Canadian National Railway stock for Q1 2024, up 3.3% quarter-over-quarter.
- 88 funds opened new Canadian National Railway positions in Q1 2024 and 45 closed out, a net change of +43 holders.
- The largest Canadian National Railway buyer in Q1 2024 was Canada Pension Plan Investment Board, an estimated $277M added.
- The largest Canadian National Railway seller in Q1 2024 was Toronto Dominion Bank, an estimated $361M sold.
Based on aggregated 13F filings for Q1 2024.