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Canadian Natural Resources

449 hedge funds and large institutions have $51.1B invested in Canadian Natural Resources in 2022 Q1 according to their latest regulatory filings, with 68 funds opening new positions, 115 increasing their positions, 198 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

119% more funds holding in top 10

Funds holding in top 10: 1635 (+19)

74% more first-time investments, than exits

New positions opened: 68 | Existing positions closed: 39

51% more capital invested

Capital invested by funds: $33.9B → $51.1B (+$17.2B)

6% more funds holding

Funds holding: 423449 (+26)

5.49% more ownership

Funds ownership: 139.51%144.99% (+5.5%)

14% less call options, than puts

Call options by funds: $256M | Put options by funds: $299M

42% less repeat investments, than reductions

Existing positions increased: 115 | Existing positions reduced: 198

Holders
449
Holders Change
+26
Holders Change %
+6.15%
% of All Funds
7.08%
Holding in Top 10
35
Holding in Top 10 Change
+19
Holding in Top 10 Change %
+118.75%
% of All Funds
0.55%
New
68
Increased
115
Reduced
198
Closed
39
Calls
$256M
Puts
$299M
Net Calls
-$42.9M
Net Calls Change
+$162M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital World Investors
1
Capital World Investors
California
$7.7B +$1.37B +51,524,467 +25%
Capital Research Global Investors
2
Capital Research Global Investors
California
$7.16B -$305M -11,428,010 -5%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$5.14B +$755M +28,341,926 +20%
Royal Bank of Canada
4
Royal Bank of Canada
Ontario, Canada
$3.59B -$244M -9,165,764 -7%
Vanguard Group
5
Vanguard Group
Pennsylvania
$2.49B +$127M +4,763,022 +6%
Fidelity International
6
Fidelity International
Bermuda
$1.54B +$91.8M +3,443,663 +7%
Canada Pension Plan Investment Board
7
Canada Pension Plan Investment Board
Ontario, Canada
$1.5B +$49M +1,837,800 +4%
Bank of Montreal
8
Bank of Montreal
Ontario, Canada
$1.36B -$25.7M -965,834 -2%
TD Asset Management
9
TD Asset Management
Ontario, Canada
$1.27B -$91.5M -3,432,688 -8%
YAM
10
Yacktman Asset Management
Texas
$1.05B -$4.02M -150,687 -0.4%
Mackenzie Financial
11
Mackenzie Financial
Ontario, Canada
$988M -$72.9M -2,735,004 -8%
Arrowstreet Capital
12
Arrowstreet Capital
Massachusetts
$961M +$844M +31,676,509 New
1832 Asset Management
13
1832 Asset Management
Ontario, Canada
$943M -$77.2M -2,896,779 -8%
Bank of Nova Scotia
14
Bank of Nova Scotia
Ontario, Canada
$887M -$35.9M -1,347,409 -4%
CIBC Asset Management
15
CIBC Asset Management
Ontario, Canada
$807M -$51.4M -1,927,972 -7%
Toronto Dominion Bank
16
Toronto Dominion Bank
Ontario, Canada
$717M -$9.79M -367,382 -2%
CIBC World Market
17
CIBC World Market
Ontario, Canada
$638M -$79.5M -2,983,313 -12%
Dimensional Fund Advisors
18
Dimensional Fund Advisors
Texas
$566M -$32.1M -1,205,376 -6%
Capital International Investors
19
Capital International Investors
California
$491M +$202M +7,589,140 +88%
Manulife (Manufacturers Life Insurance)
20
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$491M +$34.1M +1,281,088 +9%
BCIM
21
British Columbia Investment Management
British Columbia, Canada
$474M +$141M +5,288,566 +51%
Wellington Management Group
22
Wellington Management Group
Massachusetts
$467M -$90.3M -3,387,017 -18%
Boston Partners
23
Boston Partners
Massachusetts
$436M -$49.4M -1,852,445 -12%
Invesco
24
Invesco
Georgia
$433M -$272M -10,206,180 -42%
Franklin Resources
25
Franklin Resources
California
$391M -$148M -5,564,632 -30%

CNQ Hedge Fund Activity: Q1 2022 in Review

449 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Canadian Natural Resources (CNQ) for Q1 2022, worth a combined $51.1B — up 51% from $33.9B a quarter earlier.

Buyers outnumbered sellers: 68 funds opened new CNQ positions and 39 closed out — a net gain of 29 holders — while 115 added to existing stakes and 198 trimmed.

The largest buyer was Capital World Investors, adding an estimated $1.37B. The largest seller was Capital Research Global Investors, cutting an estimated $305M.

  • 449 institutional investors held Canadian Natural Resources (CNQ) as of Q1 2022, up from 423 in Q4 2021.
  • Funds reported $51.1B of Canadian Natural Resources stock for Q1 2022, up 51% quarter-over-quarter.
  • 68 funds opened new Canadian Natural Resources positions in Q1 2022 and 39 closed out, a net change of +29 holders.
  • The largest Canadian Natural Resources buyer in Q1 2022 was Capital World Investors, an estimated $1.37B added.
  • The largest Canadian Natural Resources seller in Q1 2022 was Capital Research Global Investors, an estimated $305M sold.

Based on aggregated 13F filings for Q1 2022.