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Canadian Natural Resources

319 hedge funds and large institutions have $24.6B invested in Canadian Natural Resources in 2016 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 97 increasing their positions, 120 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

15% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 27

3% more capital invested

Capital invested by funds: $24B → $24.6B (+$633M)

0% more funds holding

Funds holding: 319319 (0)

1.45% less ownership

Funds ownership: 144.02%142.57% (-1.5%)

10% less funds holding in top 10

Funds holding in top 10: 2119 (-2)

19% less repeat investments, than reductions

Existing positions increased: 97 | Existing positions reduced: 120

48% less call options, than puts

Call options by funds: $80.8M | Put options by funds: $156M

Holders
319
Holders Change
Holders Change %
0%
% of All Funds
8.51%
Holding in Top 10
19
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-9.52%
% of All Funds
0.51%
New
31
Increased
97
Reduced
120
Closed
27
Calls
$80.8M
Puts
$156M
Net Calls
-$75.5M
Net Calls Change
-$170K
Name Holding Trade Value Shares
Change
Change in
Stake
Capital Research Global Investors
1
Capital Research Global Investors
California
$4.21B +$13.6M +893,404 +0.3%
Royal Bank of Canada
2
Royal Bank of Canada
Ontario, Canada
$1.69B +$9.21M +605,222 +0.6%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$1.09B -$68.5M -4,506,529 -6%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$1B -$230M -15,130,185 -19%
Invesco
5
Invesco
Georgia
$888M -$23.2M -1,522,450 -3%
Bank of Montreal
6
Bank of Montreal
Ontario, Canada
$812M +$45.2M +2,974,171 +6%
Vanguard Group
7
Vanguard Group
Pennsylvania
$750M +$16.9M +1,110,270 +2%
Caisse de Depot et Placement du Quebec (CDPQ)
8
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$739M
Capital World Investors
9
Capital World Investors
California
$653M +$298M +19,572,129 +88%
TD Asset Management
10
TD Asset Management
Ontario, Canada
$648M +$12.4M +812,849 +2%
BGC
11
Beutel, Goodman & Co
Ontario, Canada
$645M -$3.68M -241,691 -0.6%
Wellington Management Group
12
Wellington Management Group
Massachusetts
$637M -$30.4M -2,000,619 -5%
JFL
13
Jarislowsky, Fraser Ltd
Quebec, Canada
$594M -$191M -12,526,992 -25%
CIBC World Market
14
CIBC World Market
Ontario, Canada
$489M +$4.27M +280,981 +0.9%
LBA
15
Letko, Brosseau & Associates
Quebec, Canada
$484M -$6.81M -447,804 -1%
CIBC Asset Management
16
CIBC Asset Management
Ontario, Canada
$432M -$12.1M -794,468 -3%
Boston Partners
17
Boston Partners
Massachusetts
$372M -$61.1M -4,019,851 -15%
Toronto Dominion Bank
18
Toronto Dominion Bank
Ontario, Canada
$334M +$29.2M +1,916,620 +10%
Ameriprise
19
Ameriprise
Minnesota
$305M +$3.47M +227,938 +1%
Norges Bank
20
Norges Bank
Norway
$300M +$3.75M +246,761 +1%
1832 Asset Management
21
1832 Asset Management
Ontario, Canada
$293M -$6.1M -400,753 -2%
Fiera Capital (Canada)
22
Fiera Capital (Canada)
Quebec, Canada
$280M -$39M -2,567,315 -13%
Mackenzie Financial
23
Mackenzie Financial
Ontario, Canada
$272M -$25.5M -1,677,121 -9%
AIMCA
24
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$269M +$10.8M +708,778 +6%
Connor, Clark & Lunn Investment Management (CC&L)
25
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$254M -$70M -4,605,272 -22%

CNQ Hedge Fund Activity: Q3 2016 in Review

319 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Canadian Natural Resources (CNQ) for Q3 2016, worth a combined $24.6B — up 2.6% from $24B a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new CNQ positions and 27 closed out — a net gain of 4 holders — while 97 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.

  • 319 institutional investors held Canadian Natural Resources (CNQ) as of Q3 2016, unchanged from Q2 2016.
  • Funds reported $24.6B of Canadian Natural Resources stock for Q3 2016, up 2.6% quarter-over-quarter.
  • 31 funds opened new Canadian Natural Resources positions in Q3 2016 and 27 closed out, a net change of +4 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.