Canadian Natural Resources
535 hedge funds and large institutions have $52.7B invested in Canadian Natural Resources in 2023 Q3 according to their latest regulatory filings, with 76 funds opening new positions, 183 increasing their positions, 184 reducing their positions, and 41 closing their positions.
85% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 41
29% more funds holding in top 10
Funds holding in top 10: 34 → 44 (+10)
15% more capital invested
Capital invested by funds: $46B → $52.7B (+$6.76B)
6% more funds holding
Funds holding: 504 → 535 (+31)
1.69% more ownership
Funds ownership: 147.36% → 149.04% (+1.7%)
1% less repeat investments, than reductions
Existing positions increased: 183 | Existing positions reduced: 184
26% less call options, than puts
Call options by funds: $477M | Put options by funds: $646M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$1.23B |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$305M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$141M |
| 4 |
Goldman Sachs
New York
|
+$138M |
| 5 |
Morgan Stanley
New York
|
+$112M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$489M |
| 2 |
MSE
MUFG Securities EMEA
London,
United Kingdom
|
-$452M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$335M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
-$205M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$188M |
CNQ Hedge Fund Activity: Q3 2023 in Review
535 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Canadian Natural Resources (CNQ) for Q3 2023, worth a combined $52.7B — up 15% from $46B a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new CNQ positions and 41 closed out — a net gain of 35 holders — while 183 added to existing stakes and 184 trimmed.
The largest buyer was GQG Partners, opening a new position worth an estimated $1.23B. The largest seller was Bank of Nova Scotia, cutting an estimated $489M.
- 535 institutional investors held Canadian Natural Resources (CNQ) as of Q3 2023, up from 504 in Q2 2023.
- Funds reported $52.7B of Canadian Natural Resources stock for Q3 2023, up 15% quarter-over-quarter.
- 76 funds opened new Canadian Natural Resources positions in Q3 2023 and 41 closed out, a net change of +35 holders.
- The largest Canadian Natural Resources buyer in Q3 2023 was GQG Partners, an estimated $1.23B added.
- The largest Canadian Natural Resources seller in Q3 2023 was Bank of Nova Scotia, an estimated $489M sold.
Based on aggregated 13F filings for Q3 2023.