Canadian Natural Resources
CNQ
368 hedge funds and large institutions have $27B invested in Canadian Natural Resources in 2017 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 115 increasing their positions, 125 reducing their positions, and 28 closing their positions.
89% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 28
7% more capital invested
Capital invested by funds: $25.1B → $27B (+$1.85B)
7% more funds holding
Funds holding: 345 → 368 (+23)
0.34% more ownership
Funds ownership: 125.45% → 125.79% (+0.34%)
0% more funds holding in top 10
Funds holding in top 10: 22 → 22 (0)
8% less repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 125
62% less call options, than puts
Call options by funds: $51.1M | Put options by funds: $135M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$639M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$140M |
| 3 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$119M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$105M |
| 5 |
OCAM
Onex Canada Asset Management
Toronto,
Ontario, Canada
|
+$76.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$370M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$133M |
| 3 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
-$95.6M |
| 4 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$79.6M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$62.6M |
CNQ Hedge Fund Activity: Q4 2017 in Review
368 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Canadian Natural Resources (CNQ) for Q4 2017, worth a combined $27B — up 7.4% from $25.1B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new CNQ positions and 28 closed out — a net gain of 25 holders — while 115 added to existing stakes and 125 trimmed.
The largest buyer was Canada Pension Plan Investment Board, adding an estimated $639M. The largest seller was T. Rowe Price Associates, cutting an estimated $370M.
- 368 institutional investors held Canadian Natural Resources (CNQ) as of Q4 2017, up from 345 in Q3 2017.
- Funds reported $27B of Canadian Natural Resources stock for Q4 2017, up 7.4% quarter-over-quarter.
- 53 funds opened new Canadian Natural Resources positions in Q4 2017 and 28 closed out, a net change of +25 holders.
- The largest Canadian Natural Resources buyer in Q4 2017 was Canada Pension Plan Investment Board, an estimated $639M added.
- The largest Canadian Natural Resources seller in Q4 2017 was T. Rowe Price Associates, an estimated $370M sold.
Based on aggregated 13F filings for Q4 2017.