Canadian Natural Resources
CNQ
327 hedge funds and large institutions have $24.4B invested in Canadian Natural Resources in 2016 Q4 according to their latest regulatory filings, with 49 funds opening new positions, 104 increasing their positions, 115 reducing their positions, and 37 closing their positions.
32% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 37
21% more funds holding in top 10
Funds holding in top 10: 19 → 23 (+4)
2% more funds holding
Funds holding: 321 → 327 (+6)
1% less capital invested
Capital invested by funds: $24.7B → $24.4B (-$318M)
10% less repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 115
2.18% less ownership
Funds ownership: 142.57% → 140.38% (-2.2%)
60% less call options, than puts
Call options by funds: $74.6M | Put options by funds: $188M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$318M |
| 2 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
+$96.1M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$93.9M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$46.9M |
| 5 |
William Blair Investment Management
Chicago,
Illinois
|
+$45.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$179M |
| 2 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
-$164M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$110M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$105M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$84.9M |
CNQ Hedge Fund Activity: Q4 2016 in Review
327 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Canadian Natural Resources (CNQ) for Q4 2016, worth a combined $24.4B — down 1.3% from $24.7B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new CNQ positions and 37 closed out — a net gain of 12 holders — while 104 added to existing stakes and 115 trimmed.
The largest buyer was Capital World Investors, adding an estimated $318M. The largest seller was Ameriprise, cutting an estimated $179M.
- 327 institutional investors held Canadian Natural Resources (CNQ) as of Q4 2016, up from 321 in Q3 2016.
- Funds reported $24.4B of Canadian Natural Resources stock for Q4 2016, down 1.3% quarter-over-quarter.
- 49 funds opened new Canadian Natural Resources positions in Q4 2016 and 37 closed out, a net change of +12 holders.
- The largest Canadian Natural Resources buyer in Q4 2016 was Capital World Investors, an estimated $318M added.
- The largest Canadian Natural Resources seller in Q4 2016 was Ameriprise, an estimated $179M sold.
Based on aggregated 13F filings for Q4 2016.