Canadian Natural Resources
CNQ
393 hedge funds and large institutions have $27.1B invested in Canadian Natural Resources in 2018 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 126 increasing their positions, 144 reducing their positions, and 49 closing their positions.
30% more call options, than puts
Call options by funds: $84.2M | Put options by funds: $64.9M
6% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 49
2% less funds holding
Funds holding: 399 → 393 (-6)
1.53% less ownership
Funds ownership: 139.66% → 138.13% (-1.5%)
11% less capital invested
Capital invested by funds: $30.3B → $27.1B (-$3.28B)
13% less repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 144
34% less funds holding in top 10
Funds holding in top 10: 35 → 23 (-12)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$783M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$242M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$167M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$112M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$83.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$645M |
| 2 |
UBS AM
Chicago,
Illinois
|
-$126M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$123M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$112M |
| 5 |
CI
Cambiar Investors
Denver,
Colorado
|
-$106M |
CNQ Hedge Fund Activity: Q3 2018 in Review
393 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Canadian Natural Resources (CNQ) for Q3 2018, worth a combined $27.1B — down 11% from $30.3B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of CNQ and 46 opened new positions — a net loss of 3 holders — while 144 trimmed existing stakes and 126 added.
The largest buyer was Capital World Investors, adding an estimated $783M. The largest seller was Capital Research Global Investors, cutting an estimated $645M.
- 393 institutional investors held Canadian Natural Resources (CNQ) as of Q3 2018, down from 399 in Q2 2018.
- Funds reported $27.1B of Canadian Natural Resources stock for Q3 2018, down 11% quarter-over-quarter.
- 46 funds opened new Canadian Natural Resources positions in Q3 2018 and 49 closed out, a net change of -3 holders.
- The largest Canadian Natural Resources buyer in Q3 2018 was Capital World Investors, an estimated $783M added.
- The largest Canadian Natural Resources seller in Q3 2018 was Capital Research Global Investors, an estimated $645M sold.
Based on aggregated 13F filings for Q3 2018.