Canadian Natural Resources
CNQ
318 hedge funds and large institutions have $20.6B invested in Canadian Natural Resources in 2016 Q1 according to their latest regulatory filings, with 53 funds opening new positions, 105 increasing their positions, 115 reducing their positions, and 36 closing their positions.
47% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 36
44% more funds holding in top 10
Funds holding in top 10: 16 → 23 (+7)
28% more capital invested
Capital invested by funds: $16.1B → $20.6B (+$4.47B)
5% more funds holding
Funds holding: 304 → 318 (+14)
1.53% more ownership
Funds ownership: 140.66% → 142.2% (+1.5%)
9% less repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 115
78% less call options, than puts
Call options by funds: $74.4M | Put options by funds: $332M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$452M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$151M |
| 3 |
Capital International Investors
Los Angeles,
California
|
+$135M |
| 4 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$83.8M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$82.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$219M |
| 2 |
First Eagle Investment Management
New York
|
-$195M |
| 3 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$177M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$165M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$83M |
CNQ Hedge Fund Activity: Q1 2016 in Review
318 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Canadian Natural Resources (CNQ) for Q1 2016, worth a combined $20.6B — up 28% from $16.1B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new CNQ positions and 36 closed out — a net gain of 17 holders — while 105 added to existing stakes and 115 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $452M. The largest seller was Mackenzie Financial, exiting entirely with an estimated $219M sold.
- 318 institutional investors held Canadian Natural Resources (CNQ) as of Q1 2016, up from 304 in Q4 2015.
- Funds reported $20.6B of Canadian Natural Resources stock for Q1 2016, up 28% quarter-over-quarter.
- 53 funds opened new Canadian Natural Resources positions in Q1 2016 and 36 closed out, a net change of +17 holders.
- The largest Canadian Natural Resources buyer in Q1 2016 was Capital Research Global Investors, an estimated $452M added.
- The largest Canadian Natural Resources seller in Q1 2016 was Mackenzie Financial, an estimated $219M sold.
Based on aggregated 13F filings for Q1 2016.