Canadian Natural Resources
CNQ
328 hedge funds and large institutions have $21.4B invested in Canadian Natural Resources in 2013 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 121 increasing their positions, 109 reducing their positions, and 27 closing their positions.
74% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 27
46% more call options, than puts
Call options by funds: $153M | Put options by funds: $105M
15% more capital invested
Capital invested by funds: $18.6B → $21.4B (+$2.71B)
12% more funds holding in top 10
Funds holding in top 10: 25 → 28 (+3)
11% more repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 109
5% more funds holding
Funds holding: 312 → 328 (+16)
4% more ownership
Funds ownership: 125.2% → 129.2% (+4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$180M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$117M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$91.6M |
| 4 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
+$84.6M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
+$76.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$116M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$107M |
| 3 |
JP Morgan Chase
New York
|
-$74.6M |
| 4 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
-$52.4M |
| 5 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$49.4M |
CNQ Hedge Fund Activity: Q3 2013 in Review
328 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Canadian Natural Resources (CNQ) for Q3 2013, worth a combined $21.4B — up 15% from $18.6B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new CNQ positions and 27 closed out — a net gain of 20 holders — while 121 added to existing stakes and 109 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $180M. The largest seller was Capital Research Global Investors, cutting an estimated $116M.
- 328 institutional investors held Canadian Natural Resources (CNQ) as of Q3 2013, up from 312 in Q2 2013.
- Funds reported $21.4B of Canadian Natural Resources stock for Q3 2013, up 15% quarter-over-quarter.
- 47 funds opened new Canadian Natural Resources positions in Q3 2013 and 27 closed out, a net change of +20 holders.
- The largest Canadian Natural Resources buyer in Q3 2013 was Bank of Montreal, an estimated $180M added.
- The largest Canadian Natural Resources seller in Q3 2013 was Capital Research Global Investors, an estimated $116M sold.
Based on aggregated 13F filings for Q3 2013.