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Canadian National Railway Co

CNI
Exchange
NYSE
Industry
Railroads, Line-Haul Operating
SEC CIK
0000016868

No open-market purchases or sales by Canadian National Railway Co insiders were filed in the last 90 days; 849 institutions reported holding it in 13F filings for Q2 2026, worth $48.6B in total; 5 superinvestors hold it, including Gates Foundation Trust and TCI Fund Management.

13F holders, Q3 2021

Institutional positions in Canadian National Railway Co as of Sep 30, 2021. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
714
+11 vs. Q2 2021
Shares held
415.3M
+6.26M (+1.5%) vs. Q2 2021
Total value
$48.5B
+$5.00B (+11.5%) vs. Q2 2021
New holders
84
219 more added
Sold out
73
247 more reduced

7 institutions that held it in Q2 2021 haven't filed for Q3 2021 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2021: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting CNI on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2021: 714 institutions
Q1 2021: 725 institutionsQ2 2021: 710 institutionsQ3 2021: 714 institutionsQ4 2021: 782 institutionsQ1 2022: 779 institutionsQ2 2022: 758 institutionsQ3 2022: 739 institutionsQ4 2022: 784 institutionsQ1 2023: 792 institutionsQ2 2023: 792 institutionsQ3 2023: 773 institutionsQ4 2023: 825 institutionsQ1 2024: 857 institutionsQ2 2024: 855 institutionsQ3 2024: 852 institutionsQ4 2024: 857 institutionsQ1 2025: 824 institutionsQ2 2025: 821 institutionsQ3 2025: 758 institutionsQ4 2025: 809 institutionsQ1 2026: 831 institutionsQ2 2026: 849 institutions
Value heldQ3 2021: $48.5B
Q1 2021: $46.7BQ2 2021: $43.5BQ3 2021: $48.5BQ4 2021: $51.5BQ1 2022: $54.6BQ2 2022: $47.2BQ3 2022: $50.2BQ4 2022: $54.8BQ1 2023: $54.5BQ2 2023: $55.1BQ3 2023: $49.4BQ4 2023: $57.2BQ1 2024: $59.1BQ2 2024: $51.9BQ3 2024: $50.0BQ4 2024: $43.1BQ1 2025: $41.8BQ2 2025: $44.8BQ3 2025: $38.9BQ4 2025: $40.8BQ1 2026: $42.0BQ2 2026: $48.6B
Institutions holding CNI and their total value by quarter
QuarterHoldersValue
Q2 2026849$48.6B
Q1 2026831$42.0B
Q4 2025809$40.8B
Q3 2025758$38.9B
Q2 2025821$44.8B
Q1 2025824$41.8B
Q4 2024857$43.1B
Q3 2024852$50.0B
Q2 2024855$51.9B
Q1 2024857$59.1B
Q4 2023825$57.2B
Q3 2023773$49.4B
Q2 2023792$55.1B
Q1 2023792$54.5B
Q4 2022784$54.8B
Q3 2022739$50.2B
Q2 2022758$47.2B
Q1 2022779$54.6B
Q4 2021782$51.5B
Q3 2021714$48.5B
Q2 2021710$43.5B
Q1 2021725$46.7B

Institutions, Q3 2021

Shares, value and share of portfolio for each institution holding Canadian National Railway Co; share changes are against Q2 2021.

Institutions holding CNI in Q3 2021
InstitutionSharesValue% of portfolioChange in sharesAction
TCI Fund Management LtdSuperinvestorTCI Fund Management36,699,825$4.25B10.20%+6,592,022+21.9%Added
Royal Bank of Canada32,919,394$3.81B1.07%−181,437−0.5%Reduced
Massachusetts Financial Services Co31,863,594$3.69B1.08%−202,094−0.6%Reduced
Vanguard Group Inc19,027,987$2.20B0.05%+544,204+2.9%Added
Bank of Montreal17,107,170$1.99B0.99%−3,952,162−18.8%Reduced
Wellington Management Group LLP16,841,036$1.95B0.33%−537,550−3.1%Reduced
Gates Foundation TrustSuperinvestorGates Foundation Trust13,066,169$1.51B6.52%−841,114−6.0%Reduced
TD Asset Management Inc12,822,656$1.49B1.54%−321,087−2.4%Reduced
Jarislowsky, Fraser Ltd12,330,685$1.43B6.95%+169,114+1.4%Added
Caisse de Depot Et Placement du Quebec11,708,700$1.36B2.89%−73,900−0.6%Reduced
Manufacturers Life Insurance Company, The8,912,996$1.31B1.07%+79,453+0.9%Added
Bank of New York Mellon Corp10,654,915$1.23B0.24%−18,495−0.2%Reduced
1832 Asset Management L.P.9,227,065$1.08B2.02%−182,208−1.9%Reduced
Mackenzie Financial Corp9,064,852$1.05B1.49%−1,592,825−14.9%Reduced
Egerton Capital (UK) LLP7,924,388$916.5M4.36%+7,924,388New
Bank of Nova Scotia6,425,867$744.5M1.36%−285,543−4.3%Reduced
CIBC Asset Management Inc6,293,933$724.4M2.92%−581,546−8.5%Reduced
Beutel, Goodman & Co Ltd.6,043,551$700.8M4.29%−114,859−1.9%Reduced
FIL Ltd5,709,306$661.6M0.73%+3,293,832+136.4%Added
CIBC World Markets Inc.5,431,417$628.1M2.27%−411,881−7.0%Reduced
Norges Bank5,412,127$626.4M0.14%−470,315−8.0%Reduced
Fiera Capital Corp5,343,458$618.2M1.59%+362,052+7.3%Added
Deutsche Bank AG5,203,566$601.8M0.29%+1,548,506+42.4%Added
Legal & General Group Plc4,576,648$530.2M0.17%+101,669+2.3%Added
JPMorgan Chase & Co4,558,422$527.2M0.07%+475,082+11.6%Added
Connor, Clark & Lunn Investment Management Ltd.4,334,828$501.7M2.62%−1,030,370−19.2%Reduced
Nomura Holdings Inc4,069,000$480.2M3.62%+4,057,767+36,123.6%Added
William Blair Investment Management, LLC3,614,349$418.3M1.18%−14,333−0.4%Reduced
Toronto Dominion Bank3,417,706$398.9M0.62%+3,312+0.1%Added
Harding Loevner LP3,416,675$395.1M1.58%−12,707−0.4%Reduced
FMR LLC3,374,361$391.0M0.03%+93,505+2.9%Added
Schroder Investment Management Group2,468,981$362.4M0.58%−3,663,461−59.7%Reduced
Boston Partners2,957,730$342.2M0.43%+2,957,730New
Swiss National Bank2,959,958$341.3M0.22%−85,100−2.8%Reduced
Franklin Resources Inc2,599,344$300.9M0.11%+70,516+2.8%Added
Canada Pension Plan Investment Board2,445,000$283.3M0.32%00.0%Unchanged
Bank of America Corp2,282,671$264.0M0.03%+295,239+14.9%Added
Goldman Sachs Group Inc2,263,294$261.8M0.07%+1,413,469+166.3%Added
Scotia Capital Inc.2,110,954$244.1M1.80%−21,784−1.0%Reduced
Geode Capital Management, LLC1,842,090$212.9M0.03%+203,289+12.4%Added
Russell Investments Group, Ltd.1,799,396$208.4M0.35%−34,902−1.9%Reduced
Sumitomo Mitsui Trust Holdings, Inc.1,791,629$207.3M0.13%−96,196−5.1%Reduced
Loring Wolcott & Coolidge Fiduciary Advisors LLP1,458,066$168.6M1.67%−20,560−1.4%Reduced
Credit Suisse AG1,372,918$158.8M0.13%−333,520−19.5%Reduced
Manning & Napier Group, LLC1,274,298$147.4M1.26%−2,482−0.2%Reduced
Millennium Management LLC1,246,147$144.1M0.19%+1,181,059+1,814.6%Added
Federation des caisses Desjardins du Quebec1,230,804$141.5M1.47%−133,358−9.8%Reduced
Morgan Stanley1,199,027$138.7M0.02%+78,381+7.0%Added
Maj Invest Holding A/S1,190,300$137.9M2.52%−890,532−42.8%Reduced
Holocene Advisors, LP1,110,958$128.5M0.74%+1,110,958New
Omers Administration Corp1,034,696$119.9M1.75%+1,034,696New
Ontario Teachers Pension Plan Board1,010,340$116.9M0.45%−1540.0%Reduced
Consulta Ltd1,000,000$115.7M5.76%+1,000,000New
Employees Provident Fund Board952,823$110.4M1.82%−35,409−3.6%Reduced
Alberta Investment Management Corp858,111$99.4M0.86%−184,139−17.7%Reduced
Douglass Winthrop Advisors, LLC845,807$97.8M2.40%+53,695+6.8%Added
Burgundy Asset Management Ltd.835,916$96.9M0.95%−49,682−5.6%Reduced
Agf Investments Inc.798,537$92.5M0.71%−759,696−48.8%Reduced
State of Tennessee, Treasury Department797,374$92.3M0.36%−69,315−8.0%Reduced
Stifel Financial Corp796,708$92.1M0.14%−2,564−0.3%Reduced
Amundi786,702$91.0M0.06%+31,024+4.1%Added
APG Asset Management N.V.892,821$89.3M0.16%−105,732−10.6%Reduced
Two Sigma Advisers, LP769,400$89.0M0.23%−943,372−55.1%Reduced
Cidel Asset Management Inc766,291$88.8M3.62%+4,524+0.6%Added
Brown Advisory Inc765,651$88.5M0.13%−6,266−0.8%Reduced
Mn Services Vermogensbeheer B.V.532,260$84.8M0.54%+11,300+2.2%Added
Dimensional Fund Advisors LP718,163$83.1M0.03%+20,083+2.9%Added
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main715,997$82.8M0.13%+75,142+11.7%Added
Invesco Ltd.668,273$77.3M0.02%−997,319−59.9%Reduced
Moore Capital Management, LP663,440$76.7M1.55%+663,440New
Addenda Capital Inc.510,392$74.9M3.53%−89,357−14.9%Reduced
BlackRock Inc.643,661$74.4M0.00%+65,325+11.3%Added
Guardian Capital LP629,471$72.9M1.51%−4,558−0.7%Reduced
AMF Pensionsforsakring AB626,340$72.7M0.53%−199,429−24.2%Reduced
Credential Qtrade Securities Inc.605,378$70.2M5.44%+29,663+5.2%Added
Partners Group Holding AG579,757$67.7M4.71%−85,140−12.8%Reduced
Scheer, Rowlett & Associates Investment Management Ltd.579,441$67.1M4.77%+6,980+1.2%Added
Jane Street Group, LLC570,791$66.0M0.17%+264,366+86.3%Added
Montrusco Bolton Investments Inc.562,979$65.2M1.78%−56,310−9.1%Reduced
Cardinal Capital Management, Inc.564,994$65.0M3.55%−5,876−1.0%Reduced
Parametric Portfolio Associates LLC557,618$64.5M0.04%+1,511+0.3%Added
Northern Trust Corp552,344$63.9M0.01%−130,963−19.2%Reduced
First Trust Advisors LP530,958$61.4M0.07%−52,419−9.0%Reduced
Great West Life Assurance Co496,937$57.8M0.13%−14,124−2.8%Reduced
Envestnet Asset Management Inc486,919$56.3M0.03%+25,267+5.5%Added
British Columbia Investment Management Corp481,780$55.8M0.33%−789,761−62.1%Reduced
HSBC Holdings PLC465,854$54.0M0.06%−126,413−21.3%Reduced
Intact Investment Management Inc.360,813$52.8M1.47%−418,780−53.7%Reduced
Dixon Mitchell Investment Counsel Inc.447,555$51.5M3.61%+4,942+1.1%Added
State of Wisconsin Investment Board432,194$50.1M0.10%+130,415+43.2%Added
Alliancebernstein L.P.414,380$47.9M0.02%+366,111+758.5%Added
Bradley Foster & Sargent Inc410,079$47.4M1.11%+28,907+7.6%Added
Saturna Capital CORP408,000$47.2M0.95%+10,000+2.5%Added
Public Sector Pension Investment Board382,492$44.3M0.26%−44,110−10.3%Reduced
Reynders McVeigh Capital Management, LLC381,584$44.1M2.70%+8,722+2.3%Added
Bank of Nova Scotia Trust Co379,565$43.9M3.96%−6,703−1.7%Reduced
Point72 Asset Management, L.P.366,191$42.4M0.20%+152,891+71.7%Added
Pictet Asset Management SA362,797$42.0M0.05%+362,797New
Zurcher Kantonalbank (Zurich Cantonalbank)352,661$40.9M0.22%+34,491+10.8%Added
Citadel Advisors LLC340,156$39.3M0.04%−236,751−41.0%Reduced