Canadian Natural Resources
CNQ
357 hedge funds and large institutions have $19.8B invested in Canadian Natural Resources in 2018 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 106 increasing their positions, 143 reducing their positions, and 86 closing their positions.
0.27% more ownership
Funds ownership: 138.13% → 138.4% (+0.27%)
9% less funds holding
Funds holding: 393 → 357 (-36)
13% less funds holding in top 10
Funds holding in top 10: 23 → 20 (-3)
26% less repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 143
27% less capital invested
Capital invested by funds: $27.1B → $19.8B (-$7.26B)
38% less first-time investments, than exits
New positions opened: 53 | Existing positions closed: 86
48% less call options, than puts
Call options by funds: $70.3M | Put options by funds: $134M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$422M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$239M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$198M |
| 4 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
+$159M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
+$87.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$430M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$149M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$141M |
| 4 |
CI
Cambiar Investors
Denver,
Colorado
|
-$132M |
| 5 |
H
Hexavest
Montreal,
Quebec, Canada
|
-$91.8M |
CNQ Hedge Fund Activity: Q4 2018 in Review
357 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Canadian Natural Resources (CNQ) for Q4 2018, worth a combined $19.8B — down 27% from $27.1B a quarter earlier.
Sellers outnumbered buyers: 86 funds closed out of CNQ and 53 opened new positions — a net loss of 33 holders — while 143 trimmed existing stakes and 106 added.
The largest buyer was Capital Research Global Investors, adding an estimated $422M. The largest seller was Wellington Management Group, cutting an estimated $430M.
- 357 institutional investors held Canadian Natural Resources (CNQ) as of Q4 2018, down from 393 in Q3 2018.
- Funds reported $19.8B of Canadian Natural Resources stock for Q4 2018, down 27% quarter-over-quarter.
- 53 funds opened new Canadian Natural Resources positions in Q4 2018 and 86 closed out, a net change of -33 holders.
- The largest Canadian Natural Resources buyer in Q4 2018 was Capital Research Global Investors, an estimated $422M added.
- The largest Canadian Natural Resources seller in Q4 2018 was Wellington Management Group, an estimated $430M sold.
Based on aggregated 13F filings for Q4 2018.