Canadian Natural Resources
CNQ
311 hedge funds and large institutions have $13.9B invested in Canadian Natural Resources in 2020 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 103 increasing their positions, 117 reducing their positions, and 39 closing their positions.
59% more call options, than puts
Call options by funds: $45.1M | Put options by funds: $28.4M
57% more funds holding in top 10
Funds holding in top 10: 7 → 11 (+4)
28% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 39
26% more capital invested
Capital invested by funds: $11.1B → $13.9B (+$2.84B)
3% more funds holding
Funds holding: 301 → 311 (+10)
2.07% less ownership
Funds ownership: 140.48% → 138.41% (-2.1%)
12% less repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 117
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$117M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$101M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$83.1M |
| 4 |
LM
Luminus Management
Houston,
Texas
|
+$77.5M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
+$74.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
-$315M |
| 2 |
PIF
Public Investment Fund
Al Aqiq District, Riyadh,
Saudi Arabia
|
-$214M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$121M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$108M |
| 5 |
Capital International Investors
Los Angeles,
California
|
-$96.5M |
CNQ Hedge Fund Activity: Q2 2020 in Review
311 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Canadian Natural Resources (CNQ) for Q2 2020, worth a combined $13.9B — up 26% from $11.1B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new CNQ positions and 39 closed out — a net gain of 11 holders — while 103 added to existing stakes and 117 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $117M. The largest seller was Jarislowsky, Fraser Ltd, cutting an estimated $315M.
- 311 institutional investors held Canadian Natural Resources (CNQ) as of Q2 2020, up from 301 in Q1 2020.
- Funds reported $13.9B of Canadian Natural Resources stock for Q2 2020, up 26% quarter-over-quarter.
- 50 funds opened new Canadian Natural Resources positions in Q2 2020 and 39 closed out, a net change of +11 holders.
- The largest Canadian Natural Resources buyer in Q2 2020 was Capital Research Global Investors, an estimated $117M added.
- The largest Canadian Natural Resources seller in Q2 2020 was Jarislowsky, Fraser Ltd, an estimated $315M sold.
Based on aggregated 13F filings for Q2 2020.