Canadian Natural Resources
346 hedge funds and large institutions have $26.4B invested in Canadian Natural Resources in 2019 Q4 according to their latest regulatory filings, with 55 funds opening new positions, 103 increasing their positions, 128 reducing their positions, and 38 closing their positions.
85% more call options, than puts
Call options by funds: $132M | Put options by funds: $71.2M
45% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 38
38% more funds holding in top 10
Funds holding in top 10: 21 → 29 (+8)
23% more capital invested
Capital invested by funds: $21.4B → $26.4B (+$4.96B)
2.71% more ownership
Funds ownership: 137.43% → 140.14% (+2.7%)
1% more funds holding
Funds holding: 341 → 346 (+5)
20% less repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 128
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$553M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$114M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$104M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$78.9M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$66.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$210M |
| 2 |
HAM
Highstreet Asset Management
London,
Ontario, Canada
|
-$65M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$58.5M |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$57.1M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$38.9M |
CNQ Hedge Fund Activity: Q4 2019 in Review
346 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Canadian Natural Resources (CNQ) for Q4 2019, worth a combined $26.4B — up 23% from $21.4B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new CNQ positions and 38 closed out — a net gain of 17 holders — while 103 added to existing stakes and 128 trimmed.
The largest buyer was Fidelity International, adding an estimated $553M. The largest seller was Royal Bank of Canada, cutting an estimated $210M.
- 346 institutional investors held Canadian Natural Resources (CNQ) as of Q4 2019, up from 341 in Q3 2019.
- Funds reported $26.4B of Canadian Natural Resources stock for Q4 2019, up 23% quarter-over-quarter.
- 55 funds opened new Canadian Natural Resources positions in Q4 2019 and 38 closed out, a net change of +17 holders.
- The largest Canadian Natural Resources buyer in Q4 2019 was Fidelity International, an estimated $553M added.
- The largest Canadian Natural Resources seller in Q4 2019 was Royal Bank of Canada, an estimated $210M sold.
Based on aggregated 13F filings for Q4 2019.