Canadian Natural Resources
CNQ
366 hedge funds and large institutions have $21.6B invested in Canadian Natural Resources in 2019 Q2 according to their latest regulatory filings, with 44 funds opening new positions, 115 increasing their positions, 135 reducing their positions, and 55 closing their positions.
205% more call options, than puts
Call options by funds: $136M | Put options by funds: $44.7M
10% more funds holding in top 10
Funds holding in top 10: 20 → 22 (+2)
1.46% more ownership
Funds ownership: 136.32% → 137.79% (+1.5%)
2% less capital invested
Capital invested by funds: $22.2B → $21.6B (-$508M)
3% less funds holding
Funds holding: 379 → 366 (-13)
15% less repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 135
20% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$300M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$145M |
| 3 |
MSE
MUFG Securities EMEA
London,
United Kingdom
|
+$129M |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$77.8M |
| 5 |
JP Morgan Chase
New York
|
+$60.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$150M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$109M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$91.3M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$71.4M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$53.9M |
CNQ Hedge Fund Activity: Q2 2019 in Review
366 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Canadian Natural Resources (CNQ) for Q2 2019, worth a combined $21.6B — down 2.3% from $22.2B a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of CNQ and 44 opened new positions — a net loss of 11 holders — while 135 trimmed existing stakes and 115 added.
The largest buyer was Toronto Dominion Bank, adding an estimated $300M. The largest seller was Bank of Montreal, cutting an estimated $150M.
- 366 institutional investors held Canadian Natural Resources (CNQ) as of Q2 2019, down from 379 in Q1 2019.
- Funds reported $21.6B of Canadian Natural Resources stock for Q2 2019, down 2.3% quarter-over-quarter.
- 44 funds opened new Canadian Natural Resources positions in Q2 2019 and 55 closed out, a net change of -11 holders.
- The largest Canadian Natural Resources buyer in Q2 2019 was Toronto Dominion Bank, an estimated $300M added.
- The largest Canadian Natural Resources seller in Q2 2019 was Bank of Montreal, an estimated $150M sold.
Based on aggregated 13F filings for Q2 2019.