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Canadian Natural Resources

563 hedge funds and large institutions have $52.7B invested in Canadian Natural Resources in 2023 Q4 according to their latest regulatory filings, with 91 funds opening new positions, 202 increasing their positions, 182 reducing their positions, and 58 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more first-time investments, than exits

New positions opened: 91 | Existing positions closed: 58

11% more repeat investments, than reductions

Existing positions increased: 202 | Existing positions reduced: 182

5% more funds holding

Funds holding: 535563 (+28)

0% less capital invested

Capital invested by funds: $52.7B → $52.7B (-$51.1M)

0.94% less ownership

Funds ownership: 149.04%148.11% (-0.94%)

14% less funds holding in top 10

Funds holding in top 10: 4438 (-6)

81% less call options, than puts

Call options by funds: $418M | Put options by funds: $2.23B

Holders
563
Holders Change
+28
Holders Change %
+5.23%
% of All Funds
8.21%
Holding in Top 10
38
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-13.64%
% of All Funds
0.55%
New
91
Increased
202
Reduced
182
Closed
58
Calls
$418M
Puts
$2.23B
Net Calls
-$1.81B
Net Calls Change
-$1.64B
Name Holding Trade Value Shares
Change
Change in
Stake
Capital World Investors
1
Capital World Investors
California
$9.41B -$322M -9,945,720 -3%
Capital Research Global Investors
2
Capital Research Global Investors
California
$5.47B -$347M -10,704,988 -6%
Royal Bank of Canada
3
Royal Bank of Canada
Ontario, Canada
$3.78B -$322M -9,941,730 -8%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$2.94B +$30.8M +950,016 +1%
Vanguard Group
5
Vanguard Group
Pennsylvania
$2.82B +$54.1M +1,671,266 +2%
Bank of Montreal
6
Bank of Montreal
Ontario, Canada
$1.83B -$488M -15,087,554 -21%
Fidelity International
7
Fidelity International
Bermuda
$1.53B +$16.2M +500,512 +1%
CIBC World Market
8
CIBC World Market
Ontario, Canada
$1.43B +$732M +22,620,954 +107%
TD Asset Management
9
TD Asset Management
Ontario, Canada
$1.42B +$274M +8,449,196 +24%
Canada Pension Plan Investment Board
10
Canada Pension Plan Investment Board
Ontario, Canada
$1.41B -$147M -4,525,800 -10%
1832 Asset Management
11
1832 Asset Management
Ontario, Canada
$1.03B +$3.82M +117,920 +0.4%
Mackenzie Financial
12
Mackenzie Financial
Ontario, Canada
$1.03B -$89.5M -2,764,982 -8%
T. Rowe Price Investment Management
13
T. Rowe Price Investment Management
Maryland
$979M +$329M +10,165,272 +52%
YAM
14
Yacktman Asset Management
Texas
$978M -$9.68M -298,922 -1%
Bank of America
15
Bank of America
North Carolina
$892M +$768M +23,736,730 +680%
Manulife (Manufacturers Life Insurance)
16
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$876M +$32.3M +998,920 +4%
Bank of Nova Scotia
17
Bank of Nova Scotia
Ontario, Canada
$844M -$250M -7,711,622 -23%
CIBC Asset Management
18
CIBC Asset Management
Ontario, Canada
$758M -$9.66M -298,548 -1%
Morgan Stanley
19
Morgan Stanley
New York
$699M +$217M +6,704,398 +46%
Capital International Investors
20
Capital International Investors
California
$643M +$323M +9,979,268 +103%
Toronto Dominion Bank
21
Toronto Dominion Bank
Ontario, Canada
$514M -$159M -4,927,098 -24%
GQG Partners
22
GQG Partners
Florida
$493M -$813M -25,123,738 -63%
Wellington Management Group
23
Wellington Management Group
Massachusetts
$482M -$31.4M -970,110 -6%
JP Morgan Chase
24
JP Morgan Chase
New York
$438M +$143M +4,430,554 +50%
Connor, Clark & Lunn Investment Management (CC&L)
25
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$376M -$86.1M -2,660,584 -19%

CNQ Hedge Fund Activity: Q4 2023 in Review

563 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Canadian Natural Resources (CNQ) for Q4 2023, worth a combined $52.7B — down 0.1% from $52.7B a quarter earlier.

Buyers outnumbered sellers: 91 funds opened new CNQ positions and 58 closed out — a net gain of 33 holders — while 202 added to existing stakes and 182 trimmed.

The largest buyer was Bank of America, adding an estimated $768M. The largest seller was GQG Partners, cutting an estimated $813M.

  • 563 institutional investors held Canadian Natural Resources (CNQ) as of Q4 2023, up from 535 in Q3 2023.
  • Funds reported $52.7B of Canadian Natural Resources stock for Q4 2023, down 0.1% quarter-over-quarter.
  • 91 funds opened new Canadian Natural Resources positions in Q4 2023 and 58 closed out, a net change of +33 holders.
  • The largest Canadian Natural Resources buyer in Q4 2023 was Bank of America, an estimated $768M added.
  • The largest Canadian Natural Resources seller in Q4 2023 was GQG Partners, an estimated $813M sold.

Based on aggregated 13F filings for Q4 2023.