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Canadian Natural Resources

460 hedge funds and large institutions have $42.4B invested in Canadian Natural Resources in 2022 Q2 according to their latest regulatory filings, with 54 funds opening new positions, 152 increasing their positions, 170 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more first-time investments, than exits

New positions opened: 54 | Existing positions closed: 39

2% more funds holding

Funds holding: 449460 (+11)

1% more call options, than puts

Call options by funds: $319M | Put options by funds: $317M

0.09% less ownership

Funds ownership: 144.99%144.9% (-0.09%)

3% less funds holding in top 10

Funds holding in top 10: 3534 (-1)

11% less repeat investments, than reductions

Existing positions increased: 152 | Existing positions reduced: 170

17% less capital invested

Capital invested by funds: $51.1B → $42.4B (-$8.72B)

Holders
460
Holders Change
+11
Holders Change %
+2.45%
% of All Funds
7.75%
Holding in Top 10
34
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-2.86%
% of All Funds
0.57%
New
54
Increased
152
Reduced
170
Closed
39
Calls
$319M
Puts
$317M
Net Calls
+$2.32M
Net Calls Change
+$45.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Connor, Clark & Lunn Investment Management (CC&L)
26
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$247M -$49.8M -1,639,697 -15%
JP Morgan Chase
27
JP Morgan Chase
New York
$231M +$12.2M +400,020 +5%
Franklin Resources
28
Franklin Resources
California
$222M -$135M -4,453,506 -35%
Ameriprise
29
Ameriprise
Minnesota
$215M -$2.54M -83,424 -1%
AIMCA
30
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$210M +$32.4M +1,067,349 +15%
Morgan Stanley
31
Morgan Stanley
New York
$202M +$126M +4,149,709 +118%
Geode Capital Management
32
Geode Capital Management
Massachusetts
$193M +$6.67M +219,405 +3%
Acadian Asset Management
33
Acadian Asset Management
Massachusetts
$189M -$61.4M -2,020,355 -22%
Janus Henderson Group
34
Janus Henderson Group
United Kingdom
$187M -$64.6M -2,124,609 -23%
Sumitomo Mitsui Trust Group
35
Sumitomo Mitsui Trust Group
Japan
$180M +$24.4M +802,649 +13%
GQG Partners
36
GQG Partners
Florida
$163M +$188M +6,197,268 New
Amundi
37
Amundi
France
$161M -$3.06M -100,699 -1%
OAC
38
OMERS Administration Corp
Ontario, Canada
$141M
LBA
39
Letko, Brosseau & Associates
Quebec, Canada
$136M -$7.85M -258,362 -5%
Deutsche Bank
40
Deutsche Bank
Germany
$123M -$43.3M -1,423,481 -23%
T. Rowe Price Associates
41
T. Rowe Price Associates
Maryland
$122M -$164M -5,392,548 -54%
Massachusetts Financial Services
42
Massachusetts Financial Services
Massachusetts
$119M -$6.78M -223,274 -5%
MAMU
43
Marathon Asset Management (UK)
United Kingdom
$118M -$5.56M -183,116 -4%
Fiera Capital (Canada)
44
Fiera Capital (Canada)
Quebec, Canada
$118M -$7.98M -262,465 -6%
GCC
45
Guardian Capital (Canada)
Ontario, Canada
$117M -$60.4M -1,986,966 -31%
AII
46
AGF Investments Inc
Ontario, Canada
$112M -$17.3M -568,099 -12%
Goldman Sachs
47
Goldman Sachs
New York
$105M -$32.4M -1,065,665 -21%
TWC
48
TD Waterhouse Canada
Ontario, Canada
$103M -$4.89M -161,051 -5%
SCP
49
Soroban Capital Partners
New York
$100M -$16.2M -533,677 -12%
SC
50
Scotia Capital
Ontario, Canada
$96.8M -$19M -625,600 -15%

CNQ Hedge Fund Activity: Q2 2022 in Review

460 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Canadian Natural Resources (CNQ) for Q2 2022, worth a combined $42.4B — down 17% from $51.1B a quarter earlier.

Buyers outnumbered sellers: 54 funds opened new CNQ positions and 39 closed out — a net gain of 15 holders — while 152 added to existing stakes and 170 trimmed.

The largest buyer was Capital World Investors, adding an estimated $959M. The largest seller was Capital Research Global Investors, cutting an estimated $633M.

  • 460 institutional investors held Canadian Natural Resources (CNQ) as of Q2 2022, up from 449 in Q1 2022.
  • Funds reported $42.4B of Canadian Natural Resources stock for Q2 2022, down 17% quarter-over-quarter.
  • 54 funds opened new Canadian Natural Resources positions in Q2 2022 and 39 closed out, a net change of +15 holders.
  • The largest Canadian Natural Resources buyer in Q2 2022 was Capital World Investors, an estimated $959M added.
  • The largest Canadian Natural Resources seller in Q2 2022 was Capital Research Global Investors, an estimated $633M sold.

Based on aggregated 13F filings for Q2 2022.