Canadian Natural Resources
301 hedge funds and large institutions have $11.1B invested in Canadian Natural Resources in 2020 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 102 increasing their positions, 120 reducing their positions, and 76 closing their positions.
81% more call options, than puts
Call options by funds: $53.3M | Put options by funds: $29.4M
0.34% more ownership
Funds ownership: 140.14% → 140.48% (+0.34%)
13% less funds holding
Funds holding: 346 → 301 (-45)
15% less repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 120
51% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 76
58% less capital invested
Capital invested by funds: $26.4B → $11.1B (-$15.3B)
76% less funds holding in top 10
Funds holding in top 10: 29 → 7 (-22)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$1.08B |
| 2 |
PIF
Public Investment Fund
Al Aqiq District, Riyadh,
Saudi Arabia
|
+$733M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
+$481M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$113M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$93.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$900M |
| 2 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
-$337M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$244M |
| 4 |
QI
QV Investors
Calgary,
Alberta, Canada
|
-$158M |
| 5 |
Capital International Investors
Los Angeles,
California
|
-$94.1M |
CNQ Hedge Fund Activity: Q1 2020 in Review
301 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Canadian Natural Resources (CNQ) for Q1 2020, worth a combined $11.1B — down 58% from $26.4B a quarter earlier.
Sellers outnumbered buyers: 76 funds closed out of CNQ and 37 opened new positions — a net loss of 39 holders — while 120 trimmed existing stakes and 102 added.
The largest buyer was Capital Research Global Investors, adding an estimated $1.08B. The largest seller was Capital World Investors, cutting an estimated $900M.
- 301 institutional investors held Canadian Natural Resources (CNQ) as of Q1 2020, down from 346 in Q4 2019.
- Funds reported $11.1B of Canadian Natural Resources stock for Q1 2020, down 58% quarter-over-quarter.
- 37 funds opened new Canadian Natural Resources positions in Q1 2020 and 76 closed out, a net change of -39 holders.
- The largest Canadian Natural Resources buyer in Q1 2020 was Capital Research Global Investors, an estimated $1.08B added.
- The largest Canadian Natural Resources seller in Q1 2020 was Capital World Investors, an estimated $900M sold.
Based on aggregated 13F filings for Q1 2020.