Canadian Natural Resources
CNQ
345 hedge funds and large institutions have $25.1B invested in Canadian Natural Resources in 2017 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 134 increasing their positions, 105 reducing their positions, and 34 closing their positions.
47% more funds holding in top 10
Funds holding in top 10: 15 → 22 (+7)
28% more repeat investments, than reductions
Existing positions increased: 134 | Existing positions reduced: 105
18% more capital invested
Capital invested by funds: $21.3B → $25.1B (+$3.86B)
1% less funds holding
Funds holding: 348 → 345 (-3)
3% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 34
8.39% less ownership
Funds ownership: 133.84% → 125.45% (-8.4%)
40% less call options, than puts
Call options by funds: $77.4M | Put options by funds: $129M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$428M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$269M |
| 3 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
+$137M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
+$94.5M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$85.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$502M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$145M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$72.6M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$43.7M |
| 5 |
CC
Carlson Capital
Dallas,
Texas
|
-$38.5M |
CNQ Hedge Fund Activity: Q3 2017 in Review
345 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Canadian Natural Resources (CNQ) for Q3 2017, worth a combined $25.1B — up 18% from $21.3B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of CNQ and 33 opened new positions — a net loss of 1 holder — while 105 trimmed existing stakes and 134 added.
The largest buyer was 1832 Asset Management, adding an estimated $428M. The largest seller was Capital World Investors, cutting an estimated $502M.
- 345 institutional investors held Canadian Natural Resources (CNQ) as of Q3 2017, down from 348 in Q2 2017.
- Funds reported $25.1B of Canadian Natural Resources stock for Q3 2017, up 18% quarter-over-quarter.
- 33 funds opened new Canadian Natural Resources positions in Q3 2017 and 34 closed out, a net change of -1 holder.
- The largest Canadian Natural Resources buyer in Q3 2017 was 1832 Asset Management, an estimated $428M added.
- The largest Canadian Natural Resources seller in Q3 2017 was Capital World Investors, an estimated $502M sold.
Based on aggregated 13F filings for Q3 2017.