Canadian Natural Resources
509 hedge funds and large institutions have $45.4B invested in Canadian Natural Resources in 2023 Q1 according to their latest regulatory filings, with 63 funds opening new positions, 196 increasing their positions, 175 reducing their positions, and 53 closing their positions.
19% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 53
12% more repeat investments, than reductions
Existing positions increased: 196 | Existing positions reduced: 175
7.03% more ownership
Funds ownership: 141.36% → 148.39% (+7%)
1% more funds holding
Funds holding: 503 → 509 (+6)
1% more capital invested
Capital invested by funds: $45.2B → $45.4B (+$234M)
10% less funds holding in top 10
Funds holding in top 10: 42 → 38 (-4)
35% less call options, than puts
Call options by funds: $356M | Put options by funds: $543M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$494M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$395M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$270M |
| 4 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$262M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$250M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$897M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$457M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$191M |
| 4 |
Jane Street
New York
|
-$120M |
| 5 |
SCP
Soroban Capital Partners
New York
|
-$114M |
CNQ Hedge Fund Activity: Q1 2023 in Review
509 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Canadian Natural Resources (CNQ) for Q1 2023, worth a combined $45.4B — up 0.52% from $45.2B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new CNQ positions and 53 closed out — a net gain of 10 holders — while 196 added to existing stakes and 175 trimmed.
The largest buyer was Canada Pension Plan Investment Board, adding an estimated $494M. The largest seller was Goldman Sachs, cutting an estimated $897M.
- 509 institutional investors held Canadian Natural Resources (CNQ) as of Q1 2023, up from 503 in Q4 2022.
- Funds reported $45.4B of Canadian Natural Resources stock for Q1 2023, up 0.52% quarter-over-quarter.
- 63 funds opened new Canadian Natural Resources positions in Q1 2023 and 53 closed out, a net change of +10 holders.
- The largest Canadian Natural Resources buyer in Q1 2023 was Canada Pension Plan Investment Board, an estimated $494M added.
- The largest Canadian Natural Resources seller in Q1 2023 was Goldman Sachs, an estimated $897M sold.
Based on aggregated 13F filings for Q1 2023.