Canadian Natural Resources
CNQ
746 hedge funds and large institutions have $59.8B invested in Canadian Natural Resources in 2026 Q2 according to their latest regulatory filings, with 98 funds opening new positions, 287 increasing their positions, 242 reducing their positions, and 82 closing their positions.
20% more first-time investments, than exits
New positions opened: 98 | Existing positions closed: 82
19% more repeat investments, than reductions
Existing positions increased: 287 | Existing positions reduced: 242
0% more funds holding
Funds holding: 745 → 746 (+1)
3.44% less ownership
Funds ownership: 75.55% → 72.11% (-3.4%)
22% less capital invested
Capital invested by funds: $77.1B → $59.8B (-$17.3B)
24% less call options, than puts
Call options by funds: $483M | Put options by funds: $636M
39% less funds holding in top 10
Funds holding in top 10: 44 → 27 (-17)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$1.12B |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$922M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$582M |
| 4 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$400M |
| 5 |
Jane Street
New York
|
+$371M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$2.2B |
| 2 |
Fisher Asset Management
Camas,
Washington
|
-$1.97B |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$953M |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$887M |
| 5 |
GQG Partners
Ft. Lauderdale,
Florida
|
-$786M |
CNQ Hedge Fund Activity: Q2 2026 in Review
746 of the 8,274 institutional investors tracked by Wall St. Rank reported a position in Canadian Natural Resources (CNQ) for Q2 2026, worth a combined $59.8B — down 22% from $77.1B a quarter earlier.
Buyers outnumbered sellers: 98 funds opened new CNQ positions and 82 closed out — a net gain of 16 holders — while 287 added to existing stakes and 242 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $1.12B. The largest seller was Capital Research Global Investors, cutting an estimated $2.2B.
- 746 institutional investors held Canadian Natural Resources (CNQ) as of Q2 2026, up from 745 in Q1 2026.
- Funds reported $59.8B of Canadian Natural Resources stock for Q2 2026, down 22% quarter-over-quarter.
- 98 funds opened new Canadian Natural Resources positions in Q2 2026 and 82 closed out, a net change of +16 holders.
- The largest Canadian Natural Resources buyer in Q2 2026 was Goldman Sachs, an estimated $1.12B added.
- The largest Canadian Natural Resources seller in Q2 2026 was Capital Research Global Investors, an estimated $2.2B sold.
Based on aggregated 13F filings for Q2 2026.