Canadian Natural Resources
CNQ
348 hedge funds and large institutions have $25.1B invested in Canadian Natural Resources in 2021 Q1 according to their latest regulatory filings, with 61 funds opening new positions, 119 increasing their positions, 113 reducing their positions, and 43 closing their positions.
42% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 43
30% more capital invested
Capital invested by funds: $19.2B → $25.1B (+$5.84B)
18% more call options, than puts
Call options by funds: $73.1M | Put options by funds: $62M
5% more funds holding
Funds holding: 332 → 348 (+16)
1.87% more ownership
Funds ownership: 137.22% → 139.09% (+1.9%)
5% more repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 113
0% more funds holding in top 10
Funds holding in top 10: 14 → 14 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$704M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$207M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$202M |
| 4 |
YAM
Yacktman Asset Management
Austin,
Texas
|
+$185M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$158M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$552M |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$323M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$247M |
| 4 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$178M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$147M |
CNQ Hedge Fund Activity: Q1 2021 in Review
348 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Canadian Natural Resources (CNQ) for Q1 2021, worth a combined $25.1B — up 30% from $19.2B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new CNQ positions and 43 closed out — a net gain of 18 holders — while 119 added to existing stakes and 113 trimmed.
The largest buyer was Capital World Investors, adding an estimated $704M. The largest seller was Fidelity International, cutting an estimated $552M.
- 348 institutional investors held Canadian Natural Resources (CNQ) as of Q1 2021, up from 332 in Q4 2020.
- Funds reported $25.1B of Canadian Natural Resources stock for Q1 2021, up 30% quarter-over-quarter.
- 61 funds opened new Canadian Natural Resources positions in Q1 2021 and 43 closed out, a net change of +18 holders.
- The largest Canadian Natural Resources buyer in Q1 2021 was Capital World Investors, an estimated $704M added.
- The largest Canadian Natural Resources seller in Q1 2021 was Fidelity International, an estimated $552M sold.
Based on aggregated 13F filings for Q1 2021.