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Canadian Natural Resources

393 hedge funds and large institutions have $27.1B invested in Canadian Natural Resources in 2018 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 126 increasing their positions, 144 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

30% more call options, than puts

Call options by funds: $84.2M | Put options by funds: $64.9M

6% less first-time investments, than exits

New positions opened: 46 | Existing positions closed: 49

2% less funds holding

Funds holding: 399393 (-6)

1.53% less ownership

Funds ownership: 139.66%138.13% (-1.5%)

11% less capital invested

Capital invested by funds: $30.3B → $27.1B (-$3.28B)

13% less repeat investments, than reductions

Existing positions increased: 126 | Existing positions reduced: 144

34% less funds holding in top 10

Funds holding in top 10: 3523 (-12)

Holders
393
Holders Change
-6
Holders Change %
-1.5%
% of All Funds
8.98%
Holding in Top 10
23
Holding in Top 10 Change
-12
Holding in Top 10 Change %
-34.29%
% of All Funds
0.53%
New
46
Increased
126
Reduced
144
Closed
49
Calls
$84.2M
Puts
$64.9M
Net Calls
+$19.3M
Net Calls Change
-$75.3M
Name Holding Trade Value Shares
Change
Change in
Stake
GC
51
GMT Capital
Georgia
$103M +$7.44M +439,377 +7%
First Manhattan
52
First Manhattan
New York
$99.9M -$397K -23,467 -0.4%
Massachusetts Financial Services
53
Massachusetts Financial Services
Massachusetts
$92.7M +$1.94M +114,805 +2%
HAM
54
Highstreet Asset Management
Ontario, Canada
$91.8M +$16.1M +952,092 +20%
H
55
Hexavest
Quebec, Canada
$91.8M +$2.86M +168,969 +3%
AII
56
AGF Investments Inc
Ontario, Canada
$78.8M -$5.53M -326,571 -6%
Schroder Investment Management Group
57
Schroder Investment Management Group
United Kingdom
$77.6M +$47M +2,777,131 +285%
JP Morgan Chase
58
JP Morgan Chase
New York
$75.8M +$23.2M +1,369,498 +41%
CAM
59
Cidel Asset Management
Ontario, Canada
$75.1M +$1.23M +72,501 +2%
ISL
60
Ingalls & Snyder LLC
New York
$74.9M +$57.4K +3,390 +0.1%
Balyasny Asset Management
61
Balyasny Asset Management
Illinois
$69.2M -$11M -651,886 -13%
VOYA Investment Management
62
VOYA Investment Management
Georgia
$68.7M -$12.4M -729,788 -15%
SRAIM
63
Scheer Rowlett & Associates Investment Management
Ontario, Canada
$68M +$3.35M +197,711 +5%
CS
64
Credit Suisse
Switzerland
$66.1M +$10.6M +626,424 +18%
Deutsche Bank
65
Deutsche Bank
Germany
$65.2M -$24.4M -1,443,143 -26%
WRF
66
Waddell & Reed Financial
Kansas
$64.5M -$269K -15,886 -0.4%
SC
67
Scotia Capital
Ontario, Canada
$62.2M -$9.06M -535,127 -12%
EPFB
68
Employees Provident Fund Board
Malaysia
$58.7M -$3.97M -234,525 -8%
Morgan Stanley
69
Morgan Stanley
New York
$57.8M -$16.9M -998,387 -22%
Goldman Sachs
70
Goldman Sachs
New York
$57.6M -$23.6M -1,391,582 -28%
AC
71
Addenda Capital
Quebec, Canada
$53.7M -$495K -29,241 -0.9%
Bank of New York Mellon
72
Bank of New York Mellon
New York
$53M +$12.7M +747,917 +29%
OCAM
73
Onex Canada Asset Management
Ontario, Canada
$52M -$6.75M -398,359 -11%
State of Wisconsin Investment Board
74
State of Wisconsin Investment Board
Wisconsin
$51.5M +$3.25M +191,637 +6%
FDCDDQ
75
Federation des caisses Desjardins du Quebec
Quebec, Canada
$50.4M -$3.04M -179,301 -5%

CNQ Hedge Fund Activity: Q3 2018 in Review

393 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Canadian Natural Resources (CNQ) for Q3 2018, worth a combined $27.1B — down 11% from $30.3B a quarter earlier.

Sellers outnumbered buyers: 49 funds closed out of CNQ and 46 opened new positions — a net loss of 3 holders — while 144 trimmed existing stakes and 126 added.

The largest buyer was Capital World Investors, adding an estimated $783M. The largest seller was Capital Research Global Investors, cutting an estimated $645M.

  • 393 institutional investors held Canadian Natural Resources (CNQ) as of Q3 2018, down from 399 in Q2 2018.
  • Funds reported $27.1B of Canadian Natural Resources stock for Q3 2018, down 11% quarter-over-quarter.
  • 46 funds opened new Canadian Natural Resources positions in Q3 2018 and 49 closed out, a net change of -3 holders.
  • The largest Canadian Natural Resources buyer in Q3 2018 was Capital World Investors, an estimated $783M added.
  • The largest Canadian Natural Resources seller in Q3 2018 was Capital Research Global Investors, an estimated $645M sold.

Based on aggregated 13F filings for Q3 2018.