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Canadian Natural Resources

671 hedge funds and large institutions have $49.6B invested in Canadian Natural Resources in 2025 Q4 according to their latest regulatory filings, with 117 funds opening new positions, 241 increasing their positions, 211 reducing their positions, and 68 closing their positions.

New
Increased
Maintained
Reduced
Closed

72% more first-time investments, than exits

New positions opened: 117 | Existing positions closed: 68

30% more funds holding in top 10

Funds holding in top 10: 2026 (+6)

14% more repeat investments, than reductions

Existing positions increased: 241 | Existing positions reduced: 211

6% more funds holding

Funds holding: 634671 (+37)

6% more capital invested

Capital invested by funds: $46.9B → $49.6B (+$2.69B)

0.18% less ownership

Funds ownership: 70.19%70.01% (-0.18%)

23% less call options, than puts

Call options by funds: $600M | Put options by funds: $781M

Holders
671
Holders Change
+37
Holders Change %
+5.84%
% of All Funds
8.17%
Holding in Top 10
26
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+30%
% of All Funds
0.32%
New
117
Increased
241
Reduced
211
Closed
68
Calls
$600M
Puts
$781M
Net Calls
-$181M
Net Calls Change
-$26.3M
Name Holding Trade Value Shares
Change
Change in
Stake
GCC
51
Guardian Capital (Canada)
Ontario, Canada
$112M +$27.7M +853,828 +35%
Northern Trust
52
Northern Trust
Illinois
$110M +$1.75M +54,032 +2%
Bank of New York Mellon
53
Bank of New York Mellon
New York
$109M -$21.9M -675,053 -17%
MSC
54
MUFG Securities (Canada)
New York
$107M -$9.24M -284,974 -8%
UBS Group
55
UBS Group
Switzerland
$97.8M +$8.59M +264,848 +10%
AC
56
Addenda Capital
Quebec, Canada
$90.1M -$8.49M -261,897 -12%
AF
57
Aviso Financial
Ontario, Canada
$89.9M +$1.43M +44,082 +2%
ClearBridge Investments
58
ClearBridge Investments
New York
$86.2M +$5.78M +178,121 +8%
ISL
59
Ingalls & Snyder LLC
New York
$81.3M -$5.78M -178,185 -7%
Barclays
60
Barclays
United Kingdom
$80.7M +$1.54M +47,498 +2%
CIC
61
Crawford Investment Counsel
Georgia
$80.4M +$1.19M +36,584 +2%
Voloridge Investment Management
62
Voloridge Investment Management
Florida
$79.6M -$17.3M -534,680 -19%
BGIM
63
Brandywine Global Investment Management
Pennsylvania
$77.4M -$620K -19,123 -0.8%
N
64
Nuveen
North Carolina
$75M
PUI
65
Purpose Unlimited Inc
$73.6M +$70.5M +2,173,764 New
DMIC
66
Dixon Mitchell Investment Counsel
British Columbia, Canada
$73M -$810K -24,982 -1%
Deutsche Bank
67
Deutsche Bank
Germany
$71.5M +$2.78M +85,592 +4%
AIMCA
68
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$68.6M -$17.7M -547,300 -21%
BlackRock
69
BlackRock
New York
$66.8M +$4.67M +143,965 +8%
State of Tennessee, Department of Treasury
70
State of Tennessee, Department of Treasury
Tennessee
$66.2M -$2.23M -68,797 -4%
GRA
71
Goehring & Rozencwajg Associates
New York
$64.4M +$29.1M +897,432 +89%
BCIM
72
British Columbia Investment Management
British Columbia, Canada
$55.9M -$96.2M -2,967,480 -64%
Principal Financial Group
73
Principal Financial Group
Iowa
$55.2M -$2.91M -89,856 -5%
MAMU
74
Marathon Asset Management (UK)
United Kingdom
$54.9M -$2.98M -91,953 -5%
Russell Investments Group
75
Russell Investments Group
United Kingdom
$54.8M +$56.8K +1,751 +0.1%