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Canadian Natural Resources

746 hedge funds and large institutions have $59.8B invested in Canadian Natural Resources in 2026 Q2 according to their latest regulatory filings, with 98 funds opening new positions, 287 increasing their positions, 242 reducing their positions, and 82 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more first-time investments, than exits

New positions opened: 98 | Existing positions closed: 82

19% more repeat investments, than reductions

Existing positions increased: 287 | Existing positions reduced: 242

0% more funds holding

Funds holding: 745746 (+1)

3.44% less ownership

Funds ownership: 75.55%72.11% (-3.4%)

22% less capital invested

Capital invested by funds: $77.1B → $59.8B (-$17.3B)

24% less call options, than puts

Call options by funds: $483M | Put options by funds: $636M

39% less funds holding in top 10

Funds holding in top 10: 4427 (-17)

Holders
746
Holders Change
+1
Holders Change %
+0.13%
% of All Funds
9.02%
Holding in Top 10
27
Holding in Top 10 Change
-17
Holding in Top 10 Change %
-38.64%
% of All Funds
0.33%
New
98
Increased
287
Reduced
242
Closed
82
Calls
$483M
Puts
$636M
Net Calls
-$154M
Net Calls Change
+$253M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Asset Management
51
Vanguard Asset Management
$175M +$26.2M +575,785 +15%
PMAM
52
Picton Mahoney Asset Management
Ontario, Canada
$169M -$50.5M -1,110,625 -21%
Bank of America
53
Bank of America
North Carolina
$161M -$69.9M -1,537,425 -27%
GCC
54
Guardian Capital (Canada)
Ontario, Canada
$155M +$20.7M +455,783 +13%
Fidelity International
55
Fidelity International
Bermuda
$150M -$362M -7,954,654 -68%
Deutsche Bank
56
Deutsche Bank
Germany
$145M -$8.46M -186,011 -5%
William Blair Investment Management
57
William Blair Investment Management
Illinois
$144M +$165M +3,635,082 New
Invesco
58
Invesco
Georgia
$137M -$44.5M -978,486 -22%
UBS Group
59
UBS Group
Switzerland
$134M +$40.8K +898 +0%
Northern Trust
60
Northern Trust
Illinois
$123M -$8.76M -192,721 -6%
Citadel Advisors
61
Citadel Advisors
Florida
$122M +$111M +2,451,085 +378%
GRA
62
Goehring & Rozencwajg Associates
New York
$120M +$9.79M +215,402 +8%
Bank of New York Mellon
63
Bank of New York Mellon
New York
$117M +$38.8M +852,429 +40%
Renaissance Technologies
64
Renaissance Technologies
New York
$113M +$130M +2,859,500 New
FDCDDQ
65
Federation des caisses Desjardins du Quebec
Quebec, Canada
$112M -$1.32M -29,011 -1%
Massachusetts Financial Services
66
Massachusetts Financial Services
Massachusetts
$111M -$18M -396,760 -17%
AIMCA
67
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$107M -$281M -6,175,625 -70%
BlackRock
68
BlackRock
New York
$105M +$13.5M +296,218 +13%
AC
69
Addenda Capital
Quebec, Canada
$104M +$525K +11,546 +0.6%
AF
70
Aviso Financial
Ontario, Canada
$102M -$4.62M -101,703 -4%
ClearBridge Investments
71
ClearBridge Investments
New York
$96.6M +$6.47M +142,246 +6%
CF
72
Canoe Financial
Alberta, Canada
$96.4M -$45.3M -996,162 -29%
VanEck Associates
73
VanEck Associates
New York
$94.5M +$68.7M +1,511,659 +172%
PUI
74
Purpose Unlimited Inc
$90.3M -$2.55M -56,147 -2%
Nuveen
75
Nuveen
North Carolina
$90M +$2.82M +62,067 +3%

CNQ Hedge Fund Activity: Q2 2026 in Review

746 of the 8,274 institutional investors tracked by Wall St. Rank reported a position in Canadian Natural Resources (CNQ) for Q2 2026, worth a combined $59.8B — down 22% from $77.1B a quarter earlier.

Buyers outnumbered sellers: 98 funds opened new CNQ positions and 82 closed out — a net gain of 16 holders — while 287 added to existing stakes and 242 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $1.12B. The largest seller was Capital Research Global Investors, cutting an estimated $2.2B.

  • 746 institutional investors held Canadian Natural Resources (CNQ) as of Q2 2026, up from 745 in Q1 2026.
  • Funds reported $59.8B of Canadian Natural Resources stock for Q2 2026, down 22% quarter-over-quarter.
  • 98 funds opened new Canadian Natural Resources positions in Q2 2026 and 82 closed out, a net change of +16 holders.
  • The largest Canadian Natural Resources buyer in Q2 2026 was Goldman Sachs, an estimated $1.12B added.
  • The largest Canadian Natural Resources seller in Q2 2026 was Capital Research Global Investors, an estimated $2.2B sold.

Based on aggregated 13F filings for Q2 2026.