Canadian Natural Resources
CNQ
368 hedge funds and large institutions have $26.5B invested in Canadian Natural Resources in 2014 Q1 according to their latest regulatory filings, with 62 funds opening new positions, 127 increasing their positions, 116 reducing their positions, and 30 closing their positions.
265% more call options, than puts
Call options by funds: $501M | Put options by funds: $137M
107% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 30
26% more funds holding in top 10
Funds holding in top 10: 34 → 43 (+9)
13% more capital invested
Capital invested by funds: $23.5B → $26.5B (+$3B)
8% more funds holding
Funds holding: 341 → 368 (+27)
9% more repeat investments, than reductions
Existing positions increased: 127 | Existing positions reduced: 116
1.98% less ownership
Funds ownership: 131.3% → 129.32% (-2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GMI
Greystone Managed Investments
Regina,
Saskatchewan, Canada
|
+$200M |
| 2 |
MAMU
Marathon Asset Management (UK)
London,
United Kingdom
|
+$103M |
| 3 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$103M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
+$84.3M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$75.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$515M |
| 2 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
-$182M |
| 3 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
-$181M |
| 4 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$134M |
| 5 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
-$98.4M |
CNQ Hedge Fund Activity: Q1 2014 in Review
368 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Canadian Natural Resources (CNQ) for Q1 2014, worth a combined $26.5B — up 13% from $23.5B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new CNQ positions and 30 closed out — a net gain of 32 holders — while 127 added to existing stakes and 116 trimmed.
The largest buyer was Greystone Managed Investments, opening a new position worth an estimated $200M. The largest seller was Capital World Investors, cutting an estimated $515M.
- 368 institutional investors held Canadian Natural Resources (CNQ) as of Q1 2014, up from 341 in Q4 2013.
- Funds reported $26.5B of Canadian Natural Resources stock for Q1 2014, up 13% quarter-over-quarter.
- 62 funds opened new Canadian Natural Resources positions in Q1 2014 and 30 closed out, a net change of +32 holders.
- The largest Canadian Natural Resources buyer in Q1 2014 was Greystone Managed Investments, an estimated $200M added.
- The largest Canadian Natural Resources seller in Q1 2014 was Capital World Investors, an estimated $515M sold.
Based on aggregated 13F filings for Q1 2014.