Canadian Natural Resources
340 hedge funds and large institutions have $23.4B invested in Canadian Natural Resources in 2013 Q4 according to their latest regulatory filings, with 54 funds opening new positions, 107 increasing their positions, 130 reducing their positions, and 39 closing their positions.
38% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 39
21% more funds holding in top 10
Funds holding in top 10: 28 → 34 (+6)
10% more capital invested
Capital invested by funds: $21.4B → $23.4B (+$2.09B)
4% more funds holding
Funds holding: 328 → 340 (+12)
2.1% more ownership
Funds ownership: 129.2% → 131.3% (+2.1%)
2% more call options, than puts
Call options by funds: $190M | Put options by funds: $187M
18% less repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 130
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$207M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$171M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$118M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$95.9M |
| 5 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$76.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
H
Hexavest
Montreal,
Quebec, Canada
|
-$103M |
| 2 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
-$82.7M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$66.9M |
| 4 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
-$46.6M |
| 5 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$37.3M |
CNQ Hedge Fund Activity: Q4 2013 in Review
340 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Canadian Natural Resources (CNQ) for Q4 2013, worth a combined $23.4B — up 9.8% from $21.4B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new CNQ positions and 39 closed out — a net gain of 15 holders — while 107 added to existing stakes and 130 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $207M. The largest seller was Hexavest, cutting an estimated $103M.
- 340 institutional investors held Canadian Natural Resources (CNQ) as of Q4 2013, up from 328 in Q3 2013.
- Funds reported $23.4B of Canadian Natural Resources stock for Q4 2013, up 9.8% quarter-over-quarter.
- 54 funds opened new Canadian Natural Resources positions in Q4 2013 and 39 closed out, a net change of +15 holders.
- The largest Canadian Natural Resources buyer in Q4 2013 was Fidelity Investments, an estimated $207M added.
- The largest Canadian Natural Resources seller in Q4 2013 was Hexavest, an estimated $103M sold.
Based on aggregated 13F filings for Q4 2013.