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Canadian Natural Resources

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.

New
Increased
Maintained
Reduced
Closed

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: 745746 (+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: 4427 (-17)

Holders
746
Holders Change
+1
Holders Change %
+0.13%
% of All Funds
9.02%
Holding in Top 10
27
Holding in Top 10 Change
-17
Holding in Top 10 Change %
-38.64%
% of All Funds
0.33%
New
98
Increased
287
Reduced
242
Closed
82
Calls
$483M
Puts
$636M
Net Calls
-$154M
Net Calls Change
+$253M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
26
Morgan Stanley
New York
$593M +$219M +4,811,193 +47%
Toronto Dominion Bank
27
Toronto Dominion Bank
Ontario, Canada
$540M -$887M -19,505,681 -59%
Jane Street
28
Jane Street
New York
$406M +$371M +8,168,265 +386%
BCIM
29
British Columbia Investment Management
British Columbia, Canada
$397M +$101M +2,228,597 +29%
Wellington Management Group
30
Wellington Management Group
Massachusetts
$389M +$67M +1,473,432 +18%
SC
31
Scotia Capital
Ontario, Canada
$388M +$15M +330,887 +3%
Bank of Nova Scotia
32
Bank of Nova Scotia
Ontario, Canada
$388M +$147M +3,232,924 +49%
Dimensional Fund Advisors
33
Dimensional Fund Advisors
Texas
$383M +$13.5M +297,834 +3%
BSL
34
Blue Sparrow LLC
Delaware
$356M +$199M +4,380,000 +95%
Amundi
35
Amundi
France
$325M +$11.1M +244,205 +3%
Charles Schwab
36
Charles Schwab
California
$303M +$16.8M +369,989 +5%
Franklin Resources
37
Franklin Resources
California
$301M -$17.6M -386,926 -5%
Capital International Investors
38
Capital International Investors
California
$292M -$78.3M -1,722,037 -19%
OAC
39
OMERS Administration Corp
Ontario, Canada
$279M +$318M +6,987,466 +10,571%
BGC
40
Beutel, Goodman & Co
Ontario, Canada
$273M +$131M +2,883,173 +72%
Swiss National Bank
41
Swiss National Bank
Switzerland
$266M -$12.3M -270,000 -4%
MSC
42
MUFG Securities (Canada)
New York
$251M +$148M +3,262,880 +106%
Legal & General Group
43
Legal & General Group
United Kingdom
$239M -$59.3M -1,304,742 -18%
WCM Investment Management
44
WCM Investment Management
California
$230M +$33.2M +730,300 +14%
AQR Capital Management
45
AQR Capital Management
Connecticut
$222M +$41.1M +904,741 +19%
Fiera Capital (Canada)
46
Fiera Capital (Canada)
Quebec, Canada
$199M +$27.6M +607,782 +14%
Two Sigma Investments
47
Two Sigma Investments
New York
$193M +$213M +4,695,453 +2,415%
JT
48
Jupiter Topco
New York
$186M +$214M +4,701,821 New
AM
49
AGF Management
Ontario, Canada
$184M -$2.71M -59,550 -1%
Connor, Clark & Lunn Investment Management (CC&L)
50
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$181M -$97.7M -2,150,028 -32%

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.