Canadian Natural Resources
CNQ
328 hedge funds and large institutions have $14.8B invested in Canadian Natural Resources in 2015 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 116 increasing their positions, 131 reducing their positions, and 45 closing their positions.
5.51% more ownership
Funds ownership: 139.02% → 144.53% (+5.5%)
8% more call options, than puts
Call options by funds: $99.4M | Put options by funds: $92.3M
5% less funds holding
Funds holding: 344 → 328 (-16)
11% less repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 131
24% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 45
25% less capital invested
Capital invested by funds: $19.7B → $14.8B (-$4.93B)
47% less funds holding in top 10
Funds holding in top 10: 17 → 9 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$242M |
| 2 |
FCM
Fairholme Capital Management
South Miami,
Florida
|
+$221M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$155M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$126M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$106M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$304M |
| 2 |
William Blair & Company
Chicago,
Illinois
|
-$150M |
| 3 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
-$56.7M |
| 4 |
FPA
First Pacific Advisors
El Segundo,
California
|
-$44.4M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$41.2M |
CNQ Hedge Fund Activity: Q3 2015 in Review
328 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Canadian Natural Resources (CNQ) for Q3 2015, worth a combined $14.8B — down 25% from $19.7B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of CNQ and 34 opened new positions — a net loss of 11 holders — while 131 trimmed existing stakes and 116 added.
The largest buyer was Fidelity Investments, adding an estimated $242M. The largest seller was Capital Research Global Investors, cutting an estimated $304M.
- 328 institutional investors held Canadian Natural Resources (CNQ) as of Q3 2015, down from 344 in Q2 2015.
- Funds reported $14.8B of Canadian Natural Resources stock for Q3 2015, down 25% quarter-over-quarter.
- 34 funds opened new Canadian Natural Resources positions in Q3 2015 and 45 closed out, a net change of -11 holders.
- The largest Canadian Natural Resources buyer in Q3 2015 was Fidelity Investments, an estimated $242M added.
- The largest Canadian Natural Resources seller in Q3 2015 was Capital Research Global Investors, an estimated $304M sold.
Based on aggregated 13F filings for Q3 2015.