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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
FMI
101
Factory Mutual Insurance
Massachusetts
$25.3M -$817K -25,200 -3%
State of Wisconsin Investment Board
102
State of Wisconsin Investment Board
Wisconsin
$24.9M +$23.8M +733,058 New
Pictet Asset Management
103
Pictet Asset Management
Switzerland
$24M +$694K +21,392 +3%
OAC
104
OMERS Administration Corp
Ontario, Canada
$23.7M +$22.7M +700,000 New
Neuberger Berman Group
105
Neuberger Berman Group
New York
$23.6M +$1.73M +53,434 +8%
NEI
106
Northwest & Ethical Investments
Ontario, Canada
$22.6M -$2.08M -64,064 -9%
Ameriprise
107
Ameriprise
Minnesota
$22.2M +$20.1M +618,713 +1,638%
USCWA
108
U.S. Capital Wealth Advisors
Texas
$21.9M +$131K +4,031 +0.6%
MA
109
Mudita Advisors
United Kingdom
$21.6M
GP
110
Guardian Partners
Canada
$21.5M +$2.48M +76,625 +16%
RAM
111
Rempart Asset Management
Canada
$21.3M -$7.94K -245 -0%
JEST
112
JTC Employer Solutions Trustee
Jersey
$20.9M +$19.8M +611,035 +15,276%
NAMI
113
Nomura Asset Management International
Pennsylvania
$20.1M +$19.3M +593,864 New
QI
114
QV Investors
Alberta, Canada
$19.6M -$1.46M -45,142 -7%
PHAM
115
Pacific Heights Asset Management
California
$18.6M +$1.62M +50,000 +10%
VV
116
Verity & Verity
South Carolina
$18.3M +$953K +29,406 +6%
HPG
117
Harvest Portfolios Group
Ontario, Canada
$17.2M +$3.83M +118,249 +30%
HA
118
Harbor Advisors
Florida
$16.9M
HIM
119
Hillsdale Investment Management
Ontario, Canada
$16.6M +$1.67M +51,555 +12%
LIM
120
Longfellow Investment Management
Massachusetts
$15.7M -$6.71M -207,000 -31%
EWA
121
Exencial Wealth Advisors
Oklahoma
$15.2M -$364K -11,224 -2%
ECM
122
ExodusPoint Capital Management
New York
$15.1M +$14.5M +447,083 New
DAC
123
Dividend Assets Capital
South Carolina
$14.9M +$467K +14,400 +3%
NWM
124
Nicola Wealth Management
British Columbia, Canada
$14.7M -$4.64M -143,000 -25%
IIM
125
INTECH Investment Management
Florida
$14.4M -$1.32M -40,702 -9%