Canadian Natural Resources
312 hedge funds and large institutions have $12.7B invested in Canadian Natural Resources in 2020 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 107 increasing their positions, 122 reducing their positions, and 27 closing their positions.
11% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 27
0% more funds holding
Funds holding: 311 → 312 (+1)
6% less call options, than puts
Call options by funds: $34.2M | Put options by funds: $36.4M
1.62% less ownership
Funds ownership: 138.41% → 136.79% (-1.6%)
9% less capital invested
Capital invested by funds: $13.9B → $12.7B (-$1.2B)
12% less repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 122
27% less funds holding in top 10
Funds holding in top 10: 11 → 8 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$463M |
| 2 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
+$69.4M |
| 3 |
AIM
ARGA Investment Management
Stamford,
Connecticut
|
+$53.5M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$45.3M |
| 5 |
Two Sigma Investments
New York
|
+$34.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIF
Public Investment Fund
Al Aqiq District, Riyadh,
Saudi Arabia
|
-$299M |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$119M |
| 3 |
Capital International Investors
Los Angeles,
California
|
-$80.7M |
| 4 |
LM
Luminus Management
Houston,
Texas
|
-$62.2M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$56.6M |
CNQ Hedge Fund Activity: Q3 2020 in Review
312 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Canadian Natural Resources (CNQ) for Q3 2020, worth a combined $12.7B — down 8.6% from $13.9B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new CNQ positions and 27 closed out — a net gain of 3 holders — while 107 added to existing stakes and 122 trimmed.
The largest buyer was Capital World Investors, adding an estimated $463M. The largest seller was Public Investment Fund, exiting entirely with an estimated $299M sold.
- 312 institutional investors held Canadian Natural Resources (CNQ) as of Q3 2020, up from 311 in Q2 2020.
- Funds reported $12.7B of Canadian Natural Resources stock for Q3 2020, down 8.6% quarter-over-quarter.
- 30 funds opened new Canadian Natural Resources positions in Q3 2020 and 27 closed out, a net change of +3 holders.
- The largest Canadian Natural Resources buyer in Q3 2020 was Capital World Investors, an estimated $463M added.
- The largest Canadian Natural Resources seller in Q3 2020 was Public Investment Fund, an estimated $299M sold.
Based on aggregated 13F filings for Q3 2020.