Canadian Natural Resources
319 hedge funds and large institutions have $24B invested in Canadian Natural Resources in 2016 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 86 increasing their positions, 192 reducing their positions, and 34 closing their positions.
18% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 34
17% more capital invested
Capital invested by funds: $20.6B → $24B (+$3.41B)
1.82% more ownership
Funds ownership: 142.2% → 144.02% (+1.8%)
0% more funds holding
Funds holding: 318 → 319 (+1)
9% less funds holding in top 10
Funds holding in top 10: 23 → 21 (-2)
48% less call options, than puts
Call options by funds: $82.9M | Put options by funds: $158M
55% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 192
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$269M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$203M |
| 3 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
+$170M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$168M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$94.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$252M |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$128M |
| 3 |
First Eagle Investment Management
New York
|
-$92.4M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$82.4M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$67.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TFO
351
Tarbox Family Office
Newport Beach,
California
| – | -$6K | -461 | Closed |
|
|
BIM
352
BlackRock Investment Management
Wilmington,
Delaware
| – | -$3K | -207 | Closed |
|
353
AssetMark Inc
Concord,
California
| – | -$2K | -174 | Closed |
|
CNQ Hedge Fund Activity: Q2 2016 in Review
319 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Canadian Natural Resources (CNQ) for Q2 2016, worth a combined $24B — up 17% from $20.6B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new CNQ positions and 34 closed out — a net gain of 6 holders — while 86 added to existing stakes and 192 trimmed.
The largest buyer was Mackenzie Financial, opening a new position worth an estimated $269M. The largest seller was T. Rowe Price Associates, cutting an estimated $252M.
- 319 institutional investors held Canadian Natural Resources (CNQ) as of Q2 2016, up from 318 in Q1 2016.
- Funds reported $24B of Canadian Natural Resources stock for Q2 2016, up 17% quarter-over-quarter.
- 40 funds opened new Canadian Natural Resources positions in Q2 2016 and 34 closed out, a net change of +6 holders.
- The largest Canadian Natural Resources buyer in Q2 2016 was Mackenzie Financial, an estimated $269M added.
- The largest Canadian Natural Resources seller in Q2 2016 was T. Rowe Price Associates, an estimated $252M sold.
Based on aggregated 13F filings for Q2 2016.