We are live on ! Find out more
CNQ icon

Canadian Natural Resources
CNQ

614 hedge funds and large institutions have $55.5B invested in Canadian Natural Resources in 2024 Q2 according to their latest regulatory filings, with 74 funds opening new positions, 232 increasing their positions, 221 reducing their positions, and 52 closing their positions.

New
Increased
Maintained
Reduced
Closed

42% more first-time investments, than exits

New positions opened: 74 | Existing positions closed: 52

2% more funds holding

Funds holding: 602 → 614 (+12)

5% more repeat investments, than reductions

Existing positions increased: 232 | Existing positions reduced: 221

10% less capital invested

Capital invested by funds: $61.7B → $55.5B (-$6.18B)

21% less funds holding in top 10

Funds holding in top 10: 48 → 38 (-10)

24% less call options, than puts

Call options by funds: $341M | Put options by funds: $451M

77.76% less ownership

Funds ownership: 150.61% → 72.85% (-78%)

Holders
614
Holders Change
+12
Holders Change %
+1.99%
% of All Funds
8.87%
Holding in Top 10
38
Holding in Top 10 Change
-10
Holding in Top 10 Change %
-20.83%
% of All Funds
0.55%
New
74
Increased
232
Reduced
221
Closed
52
Calls
$341M
Puts
$451M
Net Calls
-$110M
Net Calls Change
+$53.2M

Top Buyers

1
Fisher Asset Management
Fisher Asset Management
Washington
+$1.58B
2
Toronto Dominion Bank
Toronto Dominion Bank
Ontario, Canada
+$262M
3
Charles Schwab
Charles Schwab
California
+$202M
4
Fidelity International
Fidelity International
Bermuda
+$176M
5
BCIM
British Columbia Investment Management
British Columbia, Canada
+$144M

Top Sellers

1
Capital Research Global Investors
Capital Research Global Investors
California
-$1.73B
2
Goldman Sachs
Goldman Sachs
New York
-$574M
3
Capital International Investors
Capital International Investors
California
-$544M
4
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$520M
5
Bank of America
Bank of America
North Carolina
-$365M
Name Holding Trade Value Shares
Change 		Change in
Stake
LG
326
Leuthold Group
Minnesota
$933K -$14.2K -378 -1%
SP
327
Sequent Planning
Nebraska
$925K -$83.7K -2,224 -8%
BAM
328
Burgundy Asset Management
Ontario, Canada
$897K -$1.3M -34,634 -58%
LIP
329
Lighthouse Investment Partners
Florida
$890K +$941K +25,000 New
Wolverine Trading
330
Wolverine Trading
Illinois
$885K -$133K -3,545 -12%
AIM
331
Aigen Investment Management
New York
$868K +$568K +15,092 +163%
Baird Financial Group
332
Baird Financial Group
Wisconsin
$861K +$315K +8,363 +53%
VPI
333
Value Partners Investments
Manitoba, Canada
$857K +$75.7K +2,011 +9%
RC
334
RBF Capital
California
$854K – – –
WT
335
Whittier Trust
California
$852K +$106K +2,809 +13%
COI
336
Connable Office Inc
Michigan
$851K -$40K -1,064 -4%
SFA
337
Sequoia Financial Advisors
Ohio
$819K +$20K +531 +2%
GC
338
Guggenheim Capital
Illinois
$813K -$131K -3,476 -13%
Janney Montgomery Scott
339
Janney Montgomery Scott
Pennsylvania
$790K -$22.3K -592 -3%
GI
340
Gradient Investments
Minnesota
$787K +$2.18K +58 +0.3%
A
341
Allianz
Germany
$780K +$603K +16,016 New
LAM
342
LifePro Asset Management
California
$774K -$4.55M -120,769 -85%
HP
343
Hartree Partners
New York
$768K – – –
CL
344
Choreo LLC
Illinois
$746K +$783K +20,809 New
SFS
345
Sharp Financial Services
Pennsylvania
$733K +$194K +5,150 +33%
PAG
346
Private Advisor Group
New Jersey
$729K +$118K +3,142 +18%
OIA
347
OneDigital Investment Advisors
Kansas
$728K +$770K +20,447 New
QT
348
Quantbot Technologies
New York
$711K +$751K +19,966 New
TBC
349
Ted Buchan & Co
California
$710K +$751K +19,943 New
BCM
350
BluePath Capital Management
Georgia
$704K +$59.8K +1,588 +9%
12 13
14
15 16

CNQ Hedge Fund Activity: Q2 2024 in Review

614 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Canadian Natural Resources (CNQ) for Q2 2024, worth a combined $55.5B — down 10% from $61.7B a quarter earlier.

Buyers outnumbered sellers: 74 funds opened new CNQ positions and 52 closed out — a net gain of 22 holders — while 232 added to existing stakes and 221 trimmed.

The largest buyer was Fisher Asset Management, adding an estimated $1.58B. The largest seller was Capital Research Global Investors, cutting an estimated $1.73B.

  • 614 institutional investors held Canadian Natural Resources (CNQ) as of Q2 2024, up from 602 in Q1 2024.
  • Funds reported $55.5B of Canadian Natural Resources stock for Q2 2024, down 10% quarter-over-quarter.
  • 74 funds opened new Canadian Natural Resources positions in Q2 2024 and 52 closed out, a net change of +22 holders.
  • The largest Canadian Natural Resources buyer in Q2 2024 was Fisher Asset Management, an estimated $1.58B added.
  • The largest Canadian Natural Resources seller in Q2 2024 was Capital Research Global Investors, an estimated $1.73B sold.

Based on aggregated 13F filings for Q2 2024.