Canadian Natural Resources
CNQ
321 hedge funds and large institutions have $24.7B invested in Canadian Natural Resources in 2016 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 98 increasing their positions, 120 reducing their positions, and 26 closing their positions.
19% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 26
3% more capital invested
Capital invested by funds: $24B → $24.7B (+$707M)
0% more funds holding
Funds holding: 320 → 321 (+1)
1.45% less ownership
Funds ownership: 144.02% → 142.57% (-1.5%)
10% less funds holding in top 10
Funds holding in top 10: 21 → 19 (-2)
18% less repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 120
48% less call options, than puts
Call options by funds: $80.8M | Put options by funds: $156M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$298M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$201M |
| 3 |
SC
Samlyn Capital
New York
|
+$70.4M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$45.2M |
| 5 |
PC
Polar Capital
London,
United Kingdom
|
+$43.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$230M |
| 2 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
-$191M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$70M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$68.5M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$61.1M |
CNQ Hedge Fund Activity: Q3 2016 in Review
321 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Canadian Natural Resources (CNQ) for Q3 2016, worth a combined $24.7B — up 2.9% from $24B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new CNQ positions and 26 closed out — a net gain of 5 holders — while 98 added to existing stakes and 120 trimmed.
The largest buyer was Capital World Investors, adding an estimated $298M. The largest seller was T. Rowe Price Associates, cutting an estimated $230M.
- 321 institutional investors held Canadian Natural Resources (CNQ) as of Q3 2016, up from 320 in Q2 2016.
- Funds reported $24.7B of Canadian Natural Resources stock for Q3 2016, up 2.9% quarter-over-quarter.
- 31 funds opened new Canadian Natural Resources positions in Q3 2016 and 26 closed out, a net change of +5 holders.
- The largest Canadian Natural Resources buyer in Q3 2016 was Capital World Investors, an estimated $298M added.
- The largest Canadian Natural Resources seller in Q3 2016 was T. Rowe Price Associates, an estimated $230M sold.
Based on aggregated 13F filings for Q3 2016.