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Canadian Natural Resources
CNQ

332 hedge funds and large institutions have $19.2B invested in Canadian Natural Resources in 2020 Q4 according to their latest regulatory filings, with 59 funds opening new positions, 104 increasing their positions, 120 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more funds holding in top 10

Funds holding in top 10: 8 → 14 (+6)

69% more first-time investments, than exits

New positions opened: 59 | Existing positions closed: 35

51% more capital invested

Capital invested by funds: $12.7B → $19.2B (+$6.51B)

6% more funds holding

Funds holding: 312 → 332 (+20)

0.43% more ownership

Funds ownership: 136.79% → 137.22% (+0.43%)

5% less call options, than puts

Call options by funds: $87.5M | Put options by funds: $92.6M

13% less repeat investments, than reductions

Existing positions increased: 104 | Existing positions reduced: 120

Holders
332
Holders Change
+20
Holders Change %
+6.41%
% of All Funds
5.88%
Holding in Top 10
14
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+75%
% of All Funds
0.25%
New
59
Increased
104
Reduced
120
Closed
35
Calls
$87.5M
Puts
$92.6M
Net Calls
-$5.07M
Net Calls Change
-$2.85M

Top Buyers

1
Capital World Investors
Capital World Investors
California
+$406M
2
Fidelity Investments
Fidelity Investments
Massachusetts
+$156M
3
Boston Partners
Boston Partners
Massachusetts
+$89.9M
4
TD Asset Management
TD Asset Management
Ontario, Canada
+$74.2M
5
AAMU
Amundi Asset Management US
Massachusetts
+$62.9M

Top Sellers

1
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$196M
2
Fidelity International
Fidelity International
Bermuda
-$190M
3
CS
Credit Suisse
Switzerland
-$93.8M
4
Capital Research Global Investors
Capital Research Global Investors
California
-$77.7M
5
Bank of America
Bank of America
North Carolina
-$68.1M
Name Holding Trade Value Shares
Change 		Change in
Stake
Bank of America
76
Bank of America
North Carolina
$22.3M -$68.1M -6,780,396 -78%
Goldman Sachs
77
Goldman Sachs
New York
$22.1M -$4.36M -433,592 -19%
State of Tennessee, Department of Treasury
78
State of Tennessee, Department of Treasury
Tennessee
$21.2M – – –
CAM
79
Cidel Asset Management
Ontario, Canada
$19.8M +$3.23M +321,443 +24%
WCA
80
Waratah Capital Advisors
Ontario, Canada
$19.7M +$9.53M +948,487 +130%
Russell Investments Group
81
Russell Investments Group
United Kingdom
$19M -$920K -91,500 -5%
Neuberger Berman Group
82
Neuberger Berman Group
New York
$19M +$8.11M +807,092 +101%
AC
83
Addenda Capital
Quebec, Canada
$18.7M -$2.34M -232,839 -13%
NEI
84
Northwest & Ethical Investments
Ontario, Canada
$18.2M -$2.47M -245,859 -14%
DMIC
85
Dixon Mitchell Investment Counsel
British Columbia, Canada
$18.2M -$847K -84,318 -5%
PC
86
PointState Capital
New York
$17.1M +$14.6M +1,450,038 New
SRAIM
87
Scheer Rowlett & Associates Investment Management
Ontario, Canada
$16.1M -$4.97M -494,654 -27%
FDCDDQ
88
Federation des caisses Desjardins du Quebec
Quebec, Canada
$16M +$315K +31,367 +2%
MSC
89
MUFG Securities (Canada)
New York
$15.3M +$13.1M +1,304,197 New
WBC
90
Westpac Banking Corp
Australia
$15.1M +$1.66M +165,514 +17%
JG
91
Jefferies Group
New York
$13.8M -$2.53M -251,571 -18%
Morgan Stanley
92
Morgan Stanley
New York
$13.4M -$22.8M -2,271,341 -67%
Korea Investment Corp
93
Korea Investment Corp
South Korea
$12.5M +$1.08M +107,205 +11%
NP
94
Ninepoint Partners
Ontario, Canada
$12M +$10.3M +1,021,000 New
FCM
95
Fairholme Capital Management
Florida
$11.4M +$3.79M +377,362 +64%
ACI
96
AMP Capital Investors
Australia
$11.3M +$350K +34,847 +4%
Jane Street
97
Jane Street
New York
$11.2M -$6.05M -601,839 -39%
PAMU
98
Pictet Asset Management (UK)
United Kingdom
$10.9M +$513K +51,050 +6%
PCH
99
Polar Capital Holdings
United Kingdom
$10.2M +$7.68M +763,788 New
Schroder Investment Management Group
100
Schroder Investment Management Group
United Kingdom
$10.1M -$4.49M -447,067 -40%
2 3
4
5 6

CNQ Hedge Fund Activity: Q4 2020 in Review

332 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Canadian Natural Resources (CNQ) for Q4 2020, worth a combined $19.2B — up 51% from $12.7B a quarter earlier.

Buyers outnumbered sellers: 59 funds opened new CNQ positions and 35 closed out — a net gain of 24 holders — while 104 added to existing stakes and 120 trimmed.

The largest buyer was Capital World Investors, adding an estimated $406M. The largest seller was Royal Bank of Canada, cutting an estimated $196M.

  • 332 institutional investors held Canadian Natural Resources (CNQ) as of Q4 2020, up from 312 in Q3 2020.
  • Funds reported $19.2B of Canadian Natural Resources stock for Q4 2020, up 51% quarter-over-quarter.
  • 59 funds opened new Canadian Natural Resources positions in Q4 2020 and 35 closed out, a net change of +24 holders.
  • The largest Canadian Natural Resources buyer in Q4 2020 was Capital World Investors, an estimated $406M added.
  • The largest Canadian Natural Resources seller in Q4 2020 was Royal Bank of Canada, an estimated $196M sold.

Based on aggregated 13F filings for Q4 2020.