Canadian Natural Resources
CNQ
399 hedge funds and large institutions have $30.3B invested in Canadian Natural Resources in 2018 Q2 according to their latest regulatory filings, with 53 funds opening new positions, 163 increasing their positions, 101 reducing their positions, and 34 closing their positions.
103% more call options, than puts
Call options by funds: $187M | Put options by funds: $92M
61% more repeat investments, than reductions
Existing positions increased: 163 | Existing positions reduced: 101
56% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 34
46% more funds holding in top 10
Funds holding in top 10: 24 → 35 (+11)
27% more capital invested
Capital invested by funds: $24B → $30.3B (+$6.39B)
13.56% more ownership
Funds ownership: 126.1% → 139.66% (+14%)
4% more funds holding
Funds holding: 383 → 399 (+16)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$1.02B |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$675M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$212M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$148M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$121M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$516M |
| 2 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$77.8M |
| 3 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
-$77.1M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$75.9M |
| 5 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$55.5M |
CNQ Hedge Fund Activity: Q2 2018 in Review
399 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Canadian Natural Resources (CNQ) for Q2 2018, worth a combined $30.3B — up 27% from $24B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new CNQ positions and 34 closed out — a net gain of 19 holders — while 163 added to existing stakes and 101 trimmed.
The largest buyer was Fidelity International, adding an estimated $1.02B. The largest seller was Fidelity Investments, cutting an estimated $516M.
- 399 institutional investors held Canadian Natural Resources (CNQ) as of Q2 2018, up from 383 in Q1 2018.
- Funds reported $30.3B of Canadian Natural Resources stock for Q2 2018, up 27% quarter-over-quarter.
- 53 funds opened new Canadian Natural Resources positions in Q2 2018 and 34 closed out, a net change of +19 holders.
- The largest Canadian Natural Resources buyer in Q2 2018 was Fidelity International, an estimated $1.02B added.
- The largest Canadian Natural Resources seller in Q2 2018 was Fidelity Investments, an estimated $516M sold.
Based on aggregated 13F filings for Q2 2018.