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Canadian Natural Resources

319 hedge funds and large institutions have $24B invested in Canadian Natural Resources in 2016 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 86 increasing their positions, 192 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 34

17% more capital invested

Capital invested by funds: $20.6B → $24B (+$3.41B)

1.82% more ownership

Funds ownership: 142.2%144.02% (+1.8%)

0% more funds holding

Funds holding: 318319 (+1)

9% less funds holding in top 10

Funds holding in top 10: 2321 (-2)

48% less call options, than puts

Call options by funds: $82.9M | Put options by funds: $158M

55% less repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 192

Holders
319
Holders Change
+1
Holders Change %
+0.31%
% of All Funds
8.51%
Holding in Top 10
21
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-8.7%
% of All Funds
0.56%
New
40
Increased
86
Reduced
192
Closed
34
Calls
$82.9M
Puts
$158M
Net Calls
-$75.4M
Net Calls Change
+$182M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital Research Global Investors
1
Capital Research Global Investors
California
$4.05B +$65.4M +4,625,561 +2%
Royal Bank of Canada
2
Royal Bank of Canada
Ontario, Canada
$1.61B -$67.2M -4,756,489 -4%
T. Rowe Price Associates
3
T. Rowe Price Associates
Maryland
$1.19B -$252M -17,860,462 -18%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$1.12B +$168M +11,885,247 +19%
Invesco
5
Invesco
Georgia
$878M -$82.4M -5,829,672 -9%
JFL
6
Jarislowsky, Fraser Ltd
Quebec, Canada
$766M +$170M +12,017,305 +31%
Bank of Montreal
7
Bank of Montreal
Ontario, Canada
$736M -$14.3M -1,010,375 -2%
Caisse de Depot et Placement du Quebec (CDPQ)
8
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$710M -$8.69M -614,407 -1%
Vanguard Group
9
Vanguard Group
Pennsylvania
$705M +$57.6M +4,073,700 +10%
Wellington Management Group
10
Wellington Management Group
Massachusetts
$644M +$74.8M +5,288,285 +14%
BGC
11
Beutel, Goodman & Co
Ontario, Canada
$622M +$20.3M +1,434,102 +4%
TD Asset Management
12
TD Asset Management
Ontario, Canada
$611M +$16.6K +1,174 +0%
LBA
13
Letko, Brosseau & Associates
Quebec, Canada
$471M -$10.4M -732,326 -2%
CIBC World Market
14
CIBC World Market
Ontario, Canada
$466M +$7.13M +504,672 +2%
CIBC Asset Management
15
CIBC Asset Management
Ontario, Canada
$426M -$20.1M -1,424,215 -5%
Boston Partners
16
Boston Partners
Massachusetts
$418M -$9.61M -679,561 -2%
Capital World Investors
17
Capital World Investors
California
$334M +$203M +14,373,037 +185%
Connor, Clark & Lunn Investment Management (CC&L)
18
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$313M -$42M -2,971,511 -12%
Fiera Capital (Canada)
19
Fiera Capital (Canada)
Quebec, Canada
$307M +$23M +1,629,724 +9%
Norges Bank
20
Norges Bank
Norway
$299M +$6.72M +475,352 +2%
Toronto Dominion Bank
21
Toronto Dominion Bank
Ontario, Canada
$294M -$9.8M -693,141 -3%
Ameriprise
22
Ameriprise
Minnesota
$290M +$14M +993,623 +5%
1832 Asset Management
23
1832 Asset Management
Ontario, Canada
$288M +$37.9M +2,682,699 +16%
Mackenzie Financial
24
Mackenzie Financial
Ontario, Canada
$287M +$269M +19,022,335 New
Manulife (Manufacturers Life Insurance)
25
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$271M -$16.1M -1,139,410 -6%

CNQ Hedge Fund Activity: Q2 2016 in Review

319 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Canadian Natural Resources (CNQ) for Q2 2016, worth a combined $24B — up 17% from $20.6B a quarter earlier.

Buyers outnumbered sellers: 40 funds opened new CNQ positions and 34 closed out — a net gain of 6 holders — while 86 added to existing stakes and 192 trimmed.

The largest buyer was Mackenzie Financial, opening a new position worth an estimated $269M. The largest seller was T. Rowe Price Associates, cutting an estimated $252M.

  • 319 institutional investors held Canadian Natural Resources (CNQ) as of Q2 2016, up from 318 in Q1 2016.
  • Funds reported $24B of Canadian Natural Resources stock for Q2 2016, up 17% quarter-over-quarter.
  • 40 funds opened new Canadian Natural Resources positions in Q2 2016 and 34 closed out, a net change of +6 holders.
  • The largest Canadian Natural Resources buyer in Q2 2016 was Mackenzie Financial, an estimated $269M added.
  • The largest Canadian Natural Resources seller in Q2 2016 was T. Rowe Price Associates, an estimated $252M sold.

Based on aggregated 13F filings for Q2 2016.