Canadian Pacific Kansas City
950 hedge funds and large institutions have $45.9B invested in Canadian Pacific Kansas City in 2025 Q3 according to their latest regulatory filings, with 71 funds opening new positions, 292 increasing their positions, 373 reducing their positions, and 102 closing their positions.
128% more call options, than puts
Call options by funds: $162M | Put options by funds: $70.9M
2.48% less ownership
Funds ownership: 70.33% → 67.85% (-2.5%)
4% less funds holding
Funds holding: 991 → 950 (-41)
11% less capital invested
Capital invested by funds: $51.5B → $45.9B (-$5.6B)
22% less repeat investments, than reductions
Existing positions increased: 292 | Existing positions reduced: 373
30% less first-time investments, than exits
New positions opened: 71 | Existing positions closed: 102
41% less funds holding in top 10
Funds holding in top 10: 41 → 24 (-17)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$274M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$207M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$178M |
| 4 |
Lazard Asset Management
New York
|
+$77.7M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$70.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCI Fund Management
London,
United Kingdom
|
-$226M |
| 2 |
Morgan Stanley
New York
|
-$202M |
| 3 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
-$193M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$190M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$180M |
CP Hedge Fund Activity: Q3 2025 in Review
950 of the 7,639 institutional investors tracked by Wall St. Rank reported a position in Canadian Pacific Kansas City (CP) for Q3 2025, worth a combined $45.9B — down 11% from $51.5B a quarter earlier.
Sellers outnumbered buyers: 102 funds closed out of CP and 71 opened new positions — a net loss of 31 holders — while 373 trimmed existing stakes and 292 added.
The largest buyer was Invesco, adding an estimated $274M. The largest seller was TCI Fund Management, cutting an estimated $226M.
- 950 institutional investors held Canadian Pacific Kansas City (CP) as of Q3 2025, down from 991 in Q2 2025.
- Funds reported $45.9B of Canadian Pacific Kansas City stock for Q3 2025, down 11% quarter-over-quarter.
- 71 funds opened new Canadian Pacific Kansas City positions in Q3 2025 and 102 closed out, a net change of -31 holders.
- The largest Canadian Pacific Kansas City buyer in Q3 2025 was Invesco, an estimated $274M added.
- The largest Canadian Pacific Kansas City seller in Q3 2025 was TCI Fund Management, an estimated $226M sold.
Based on aggregated 13F filings for Q3 2025.