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Canadian Natural Resources

379 hedge funds and large institutions have $22.2B invested in Canadian Natural Resources in 2019 Q1 according to their latest regulatory filings, with 66 funds opening new positions, 133 increasing their positions, 115 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

65% more first-time investments, than exits

New positions opened: 66 | Existing positions closed: 40

16% more repeat investments, than reductions

Existing positions increased: 133 | Existing positions reduced: 115

12% more capital invested

Capital invested by funds: $19.8B → $22.2B (+$2.35B)

6% more funds holding

Funds holding: 357379 (+22)

5% more call options, than puts

Call options by funds: $96.1M | Put options by funds: $91.5M

0% more funds holding in top 10

Funds holding in top 10: 2020 (0)

2.08% less ownership

Funds ownership: 138.4%136.32% (-2.1%)

Holders
379
Holders Change
+22
Holders Change %
+6.16%
% of All Funds
8.2%
Holding in Top 10
20
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.43%
New
66
Increased
133
Reduced
115
Closed
40
Calls
$96.1M
Puts
$91.5M
Net Calls
+$4.63M
Net Calls Change
+$68.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital Research Global Investors
1
Capital Research Global Investors
California
$2.36B +$72.1M +5,426,055 +3%
Royal Bank of Canada
2
Royal Bank of Canada
Ontario, Canada
$1.78B +$71.2M +5,357,179 +4%
Capital World Investors
3
Capital World Investors
California
$983M -$65.3M -4,916,330 -6%
Vanguard Group
4
Vanguard Group
Pennsylvania
$949M +$5.01M +376,637 +0.5%
Bank of Montreal
5
Bank of Montreal
Ontario, Canada
$882M +$175M +13,155,478 +25%
Invesco
6
Invesco
Georgia
$783M -$6.54M -492,383 -0.8%
TD Asset Management
7
TD Asset Management
Ontario, Canada
$740M +$37.5M +2,824,629 +5%
Canada Pension Plan Investment Board
8
Canada Pension Plan Investment Board
Ontario, Canada
$664M -$2.96M -222,782 -0.4%
BGC
9
Beutel, Goodman & Co
Ontario, Canada
$638M +$4.86M +365,526 +0.8%
Fidelity International
10
Fidelity International
Bermuda
$567M -$29.4M -2,208,734 -5%
1832 Asset Management
11
1832 Asset Management
Ontario, Canada
$556M -$16.1M -1,211,218 -3%
Capital International Investors
12
Capital International Investors
California
$528M +$694K +52,193 +0.1%
JFL
13
Jarislowsky, Fraser Ltd
Quebec, Canada
$508M -$13.6M -1,021,937 -3%
Caisse de Depot et Placement du Quebec (CDPQ)
14
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$494M +$93.8M +7,055,110 +24%
LBA
15
Letko, Brosseau & Associates
Quebec, Canada
$408M +$4.2M +315,932 +1%
Franklin Resources
16
Franklin Resources
California
$395M -$5.95M -447,782 -2%
Boston Partners
17
Boston Partners
Massachusetts
$365M +$269M +20,255,827 +297%
Mackenzie Financial
18
Mackenzie Financial
Ontario, Canada
$358M -$213M -16,023,529 -38%
CIBC Asset Management
19
CIBC Asset Management
Ontario, Canada
$356M -$26.8M -2,013,189 -7%
Norges Bank
20
Norges Bank
Norway
$331M
Canada Life
21
Canada Life
Manitoba, Canada
$324M +$31.5M +2,370,345 +11%
Fidelity Investments
22
Fidelity Investments
Massachusetts
$320M +$1.8M +135,523 +0.6%
Manulife (Manufacturers Life Insurance)
23
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$315M -$34.7M -2,611,175 -10%
Mawer Investment Management
24
Mawer Investment Management
Alberta, Canada
$236M +$863K +64,926 +0.4%
QI
25
QV Investors
Alberta, Canada
$232M -$10.8M -813,220 -6%

CNQ Hedge Fund Activity: Q1 2019 in Review

379 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Canadian Natural Resources (CNQ) for Q1 2019, worth a combined $22.2B — up 12% from $19.8B a quarter earlier.

Buyers outnumbered sellers: 66 funds opened new CNQ positions and 40 closed out — a net gain of 26 holders — while 133 added to existing stakes and 115 trimmed.

The largest buyer was Boston Partners, adding an estimated $269M. The largest seller was Wellington Management Group, cutting an estimated $642M.

  • 379 institutional investors held Canadian Natural Resources (CNQ) as of Q1 2019, up from 357 in Q4 2018.
  • Funds reported $22.2B of Canadian Natural Resources stock for Q1 2019, up 12% quarter-over-quarter.
  • 66 funds opened new Canadian Natural Resources positions in Q1 2019 and 40 closed out, a net change of +26 holders.
  • The largest Canadian Natural Resources buyer in Q1 2019 was Boston Partners, an estimated $269M added.
  • The largest Canadian Natural Resources seller in Q1 2019 was Wellington Management Group, an estimated $642M sold.

Based on aggregated 13F filings for Q1 2019.