Canadian Natural Resources
CNQ
504 hedge funds and large institutions have $46B invested in Canadian Natural Resources in 2023 Q2 according to their latest regulatory filings, with 51 funds opening new positions, 173 increasing their positions, 184 reducing their positions, and 53 closing their positions.
1% more capital invested
Capital invested by funds: $45.4B → $46B (+$543M)
1% less funds holding
Funds holding: 509 → 504 (-5)
4% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 53
6% less repeat investments, than reductions
Existing positions increased: 173 | Existing positions reduced: 184
1.03% less ownership
Funds ownership: 148.39% → 147.36% (-1%)
11% less funds holding in top 10
Funds holding in top 10: 38 → 34 (-4)
30% less call options, than puts
Call options by funds: $381M | Put options by funds: $545M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$543M |
| 2 |
MSE
MUFG Securities EMEA
London,
United Kingdom
|
+$347M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$325M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$322M |
| 5 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
+$127M |
Top Sellers
CNQ Hedge Fund Activity: Q2 2023 in Review
504 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Canadian Natural Resources (CNQ) for Q2 2023, worth a combined $46B — up 1.2% from $45.4B a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of CNQ and 51 opened new positions — a net loss of 2 holders — while 184 trimmed existing stakes and 173 added.
The largest buyer was T. Rowe Price Investment Management, opening a new position worth an estimated $543M. The largest seller was Capital Research Global Investors, cutting an estimated $662M.
- 504 institutional investors held Canadian Natural Resources (CNQ) as of Q2 2023, down from 509 in Q1 2023.
- Funds reported $46B of Canadian Natural Resources stock for Q2 2023, up 1.2% quarter-over-quarter.
- 51 funds opened new Canadian Natural Resources positions in Q2 2023 and 53 closed out, a net change of -2 holders.
- The largest Canadian Natural Resources buyer in Q2 2023 was T. Rowe Price Investment Management, an estimated $543M added.
- The largest Canadian Natural Resources seller in Q2 2023 was Capital Research Global Investors, an estimated $662M sold.
Based on aggregated 13F filings for Q2 2023.