Canadian Natural Resources
CNQ
348 hedge funds and large institutions have $21.3B invested in Canadian Natural Resources in 2017 Q2 according to their latest regulatory filings, with 47 funds opening new positions, 120 increasing their positions, 112 reducing their positions, and 29 closing their positions.
62% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 29
5% more funds holding
Funds holding: 333 → 348 (+15)
7% more repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 112
3.02% less ownership
Funds ownership: 136.86% → 133.84% (-3%)
13% less capital invested
Capital invested by funds: $24.6B → $21.3B (-$3.29B)
32% less funds holding in top 10
Funds holding in top 10: 22 → 15 (-7)
72% less call options, than puts
Call options by funds: $45.2M | Put options by funds: $164M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QI
QV Investors
Calgary,
Alberta, Canada
|
+$170M |
| 2 |
Janus Henderson Group
London,
|
+$76.6M |
| 3 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
+$70.3M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$62.8M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$62.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$436M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$165M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
-$148M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$145M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
-$91.1M |
CNQ Hedge Fund Activity: Q2 2017 in Review
348 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Canadian Natural Resources (CNQ) for Q2 2017, worth a combined $21.3B — down 13% from $24.6B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new CNQ positions and 29 closed out — a net gain of 18 holders — while 120 added to existing stakes and 112 trimmed.
The largest buyer was QV Investors, opening a new position worth an estimated $170M. The largest seller was 1832 Asset Management, cutting an estimated $436M.
- 348 institutional investors held Canadian Natural Resources (CNQ) as of Q2 2017, up from 333 in Q1 2017.
- Funds reported $21.3B of Canadian Natural Resources stock for Q2 2017, down 13% quarter-over-quarter.
- 47 funds opened new Canadian Natural Resources positions in Q2 2017 and 29 closed out, a net change of +18 holders.
- The largest Canadian Natural Resources buyer in Q2 2017 was QV Investors, an estimated $170M added.
- The largest Canadian Natural Resources seller in Q2 2017 was 1832 Asset Management, an estimated $436M sold.
Based on aggregated 13F filings for Q2 2017.