Canadian Natural Resources
304 hedge funds and large institutions have $16.1B invested in Canadian Natural Resources in 2015 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 100 increasing their positions, 140 reducing their positions, and 46 closing their positions.
78% more funds holding in top 10
Funds holding in top 10: 9 → 16 (+7)
9% more capital invested
Capital invested by funds: $14.8B → $16.1B (+$1.33B)
3.87% less ownership
Funds ownership: 144.53% → 140.66% (-3.9%)
7% less funds holding
Funds holding: 328 → 304 (-24)
29% less repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 140
48% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 46
49% less call options, than puts
Call options by funds: $72.1M | Put options by funds: $142M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$495M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$167M |
| 3 |
Capital International Investors
Los Angeles,
California
|
+$55.5M |
| 4 |
SCM
Steadfast Capital Management
New York
|
+$54.7M |
| 5 |
SCM
SIR Capital Management
New York
|
+$37.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$204M |
| 2 |
FCM
Fairholme Capital Management
South Miami,
Florida
|
-$199M |
| 3 |
First Eagle Investment Management
New York
|
-$153M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
-$96M |
| 5 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$94M |
CNQ Hedge Fund Activity: Q4 2015 in Review
304 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Canadian Natural Resources (CNQ) for Q4 2015, worth a combined $16.1B — up 9% from $14.8B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of CNQ and 24 opened new positions — a net loss of 22 holders — while 140 trimmed existing stakes and 100 added.
The largest buyer was Capital Research Global Investors, adding an estimated $495M. The largest seller was T. Rowe Price Associates, cutting an estimated $204M.
- 304 institutional investors held Canadian Natural Resources (CNQ) as of Q4 2015, down from 328 in Q3 2015.
- Funds reported $16.1B of Canadian Natural Resources stock for Q4 2015, up 9% quarter-over-quarter.
- 24 funds opened new Canadian Natural Resources positions in Q4 2015 and 46 closed out, a net change of -22 holders.
- The largest Canadian Natural Resources buyer in Q4 2015 was Capital Research Global Investors, an estimated $495M added.
- The largest Canadian Natural Resources seller in Q4 2015 was T. Rowe Price Associates, an estimated $204M sold.
Based on aggregated 13F filings for Q4 2015.