Canadian Natural Resources
CNQ
333 hedge funds and large institutions have $24.6B invested in Canadian Natural Resources in 2017 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 112 increasing their positions, 114 reducing their positions, and 41 closing their positions.
27% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 41
2% more funds holding
Funds holding: 326 → 333 (+7)
1% less capital invested
Capital invested by funds: $24.7B → $24.6B (-$136M)
2% less repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 114
4% less funds holding in top 10
Funds holding in top 10: 23 → 22 (-1)
5.38% less ownership
Funds ownership: 142.24% → 136.86% (-5.4%)
59% less call options, than puts
Call options by funds: $44.6M | Put options by funds: $109M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cambiar Investors
Denver,
Colorado
|
+$160M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$124M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$117M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$115M |
| 5 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
+$111M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$927M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$392M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$194M |
| 4 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$125M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$117M |
CNQ Hedge Fund Activity: Q1 2017 in Review
333 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Canadian Natural Resources (CNQ) for Q1 2017, worth a combined $24.6B — down 0.55% from $24.7B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new CNQ positions and 41 closed out — a net gain of 11 holders — while 112 added to existing stakes and 114 trimmed.
The largest buyer was Cambiar Investors, opening a new position worth an estimated $160M. The largest seller was Capital Research Global Investors, cutting an estimated $927M.
- 333 institutional investors held Canadian Natural Resources (CNQ) as of Q1 2017, up from 326 in Q4 2016.
- Funds reported $24.6B of Canadian Natural Resources stock for Q1 2017, down 0.55% quarter-over-quarter.
- 52 funds opened new Canadian Natural Resources positions in Q1 2017 and 41 closed out, a net change of +11 holders.
- The largest Canadian Natural Resources buyer in Q1 2017 was Cambiar Investors, an estimated $160M added.
- The largest Canadian Natural Resources seller in Q1 2017 was Capital Research Global Investors, an estimated $927M sold.
Based on aggregated 13F filings for Q1 2017.