Canadian Natural Resources
CNQ
383 hedge funds and large institutions have $24B invested in Canadian Natural Resources in 2018 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 151 increasing their positions, 106 reducing their positions, and 35 closing their positions.
49% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 35
42% more repeat investments, than reductions
Existing positions increased: 151 | Existing positions reduced: 106
37% more call options, than puts
Call options by funds: $69M | Put options by funds: $50.4M
9% more funds holding in top 10
Funds holding in top 10: 22 → 24 (+2)
4% more funds holding
Funds holding: 368 → 383 (+15)
0.31% more ownership
Funds ownership: 125.79% → 126.1% (+0.31%)
11% less capital invested
Capital invested by funds: $27B → $24B (-$3.02B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$172M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$122M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$100M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$96.9M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$606M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$365M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$61.7M |
| 4 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
-$55.7M |
| 5 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$43.6M |
CNQ Hedge Fund Activity: Q1 2018 in Review
383 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Canadian Natural Resources (CNQ) for Q1 2018, worth a combined $24B — down 11% from $27B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new CNQ positions and 35 closed out — a net gain of 17 holders — while 151 added to existing stakes and 106 trimmed.
The largest buyer was Mackenzie Financial, adding an estimated $172M. The largest seller was Capital Research Global Investors, cutting an estimated $606M.
- 383 institutional investors held Canadian Natural Resources (CNQ) as of Q1 2018, up from 368 in Q4 2017.
- Funds reported $24B of Canadian Natural Resources stock for Q1 2018, down 11% quarter-over-quarter.
- 52 funds opened new Canadian Natural Resources positions in Q1 2018 and 35 closed out, a net change of +17 holders.
- The largest Canadian Natural Resources buyer in Q1 2018 was Mackenzie Financial, an estimated $172M added.
- The largest Canadian Natural Resources seller in Q1 2018 was Capital Research Global Investors, an estimated $606M sold.
Based on aggregated 13F filings for Q1 2018.