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, Q4 2021
Institutional positions in Canadian National Railway Co as of Dec 31, 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
- 782
- +78 vs. Q3 2021
- Shares held
- 416.3M
- +1.36M (+0.3%) vs. Q3 2021
- Total value
- $51.5B
- +$3.04B (+6.3%) vs. Q3 2021
- New holders
- 124
- 211 more added
- Sold out
- 46
- 263 more reduced
10 institutions that held it in Q3 2021 haven't filed for Q4 2021 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 849 | $48.6B |
| Q1 2026 | 831 | $42.0B |
| Q4 2025 | 809 | $40.8B |
| Q3 2025 | 758 | $38.9B |
| Q2 2025 | 821 | $44.8B |
| Q1 2025 | 824 | $41.8B |
| Q4 2024 | 857 | $43.1B |
| Q3 2024 | 852 | $50.0B |
| Q2 2024 | 855 | $51.9B |
| Q1 2024 | 857 | $59.1B |
| Q4 2023 | 825 | $57.2B |
| Q3 2023 | 773 | $49.4B |
| Q2 2023 | 792 | $55.1B |
| Q1 2023 | 792 | $54.5B |
| Q4 2022 | 784 | $54.8B |
| Q3 2022 | 739 | $50.2B |
| Q2 2022 | 758 | $47.2B |
| Q1 2022 | 779 | $54.6B |
| Q4 2021 | 782 | $51.5B |
| Q3 2021 | 714 | $48.5B |
| Q2 2021 | 710 | $43.5B |
| Q1 2021 | 725 | $46.7B |
Institutions, Q4 2021
Shares, value and share of portfolio for each institution holding Canadian National Railway Co; share changes are against Q3 2021.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| TCI Fund Management LtdSuperinvestorTCI Fund Management | 36,699,825 | $4.51B | 10.15% | 00.0% | Unchanged |
| Royal Bank of Canada | 30,881,375 | $3.79B | 0.93% | −2,038,019−6.2% | Reduced |
| Massachusetts Financial Services Co | 27,057,003 | $3.32B | 0.91% | −4,806,591−15.1% | Reduced |
| Vanguard Group Inc | 19,453,401 | $2.39B | 0.05% | +425,414+2.2% | Added |
| Bank of Montreal | 16,098,457 | $1.98B | 1.07% | −1,008,713−5.9% | Reduced |
| Wellington Management Group LLP | 14,768,147 | $1.82B | 0.29% | −2,072,889−12.3% | Reduced |
| Gates Foundation TrustSuperinvestorGates Foundation Trust | 13,066,169 | $1.61B | 6.99% | 00.0% | Unchanged |
| TD Asset Management Inc | 12,577,123 | $1.55B | 1.30% | −245,533−1.9% | Reduced |
| Bank of New York Mellon Corp | 12,047,736 | $1.48B | 0.27% | +1,392,821+13.1% | Added |
| Jarislowsky, Fraser Ltd | 12,013,131 | $1.46B | 6.80% | −317,554−2.6% | Reduced |
| Caisse de Depot Et Placement du Quebec | 11,708,700 | $1.44B | 3.11% | 00.0% | Unchanged |
| 1832 Asset Management L.P. | 8,648,764 | $1.06B | 1.88% | −578,301−6.3% | Reduced |
| Mackenzie Financial Corp | 8,116,660 | $997.0M | 1.34% | −948,192−10.5% | Reduced |
| Manufacturers Life Insurance Company, The | 8,053,663 | $982.3M | 0.60% | −859,333−9.6% | Reduced |
| Schroder Investment Management Group | 6,235,870 | $968.9M | 1.32% | +3,766,889+152.6% | Added |
| Egerton Capital (UK) LLP | 7,754,328 | $952.7M | 4.44% | −170,060−2.1% | Reduced |
| FIL Ltd | 7,226,142 | $887.6M | 0.91% | +1,516,836+26.6% | Added |
| Beutel, Goodman & Co Ltd. | 6,286,885 | $770.5M | 4.40% | +243,334+4.0% | Added |
| CIBC Asset Management Inc | 6,215,526 | $763.0M | 2.79% | −78,407−1.2% | Reduced |
| Bank of Nova Scotia | 6,166,148 | $757.7M | 1.10% | −259,719−4.0% | Reduced |
| Deutsche Bank AG | 5,924,573 | $727.9M | 0.33% | +721,007+13.9% | Added |
| CIBC World Markets Inc. | 5,435,142 | $667.8M | 2.20% | +3,725+0.1% | Added |
| Norges Bank | 5,323,076 | $654.3M | 0.13% | −89,051−1.6% | Reduced |
| FMR LLC | 5,322,410 | $653.8M | 0.05% | +1,948,049+57.7% | Added |
| Fiera Capital Corp | 5,158,253 | $633.6M | 1.49% | −185,205−3.5% | Reduced |
| Goldman Sachs Group Inc | 5,147,685 | $632.4M | 0.15% | +2,884,391+127.4% | Added |
| JPMorgan Chase & Co | 4,710,131 | $578.7M | 0.07% | +151,709+3.3% | Added |
| Legal & General Group Plc | 4,500,847 | $553.7M | 0.17% | −75,801−1.7% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 3,714,248 | $456.6M | 2.23% | −620,580−14.3% | Reduced |
| Toronto Dominion Bank | 3,580,720 | $442.8M | 0.59% | +163,014+4.8% | Added |
| William Blair Investment Management, LLC | 3,568,974 | $438.7M | 1.19% | −45,375−1.3% | Reduced |
| Harding Loevner LP | 3,405,245 | $418.4M | 1.60% | −11,430−0.3% | Reduced |
| Nomura Holdings Inc | 3,329,000 | $409.0M | 2.35% | −740,000−18.2% | Reduced |
| Canada Pension Plan Investment Board | 3,004,000 | $369.5M | 0.39% | +559,000+22.9% | Added |
| Swiss National Bank | 2,785,458 | $341.2M | 0.21% | −174,500−5.9% | Reduced |
| Boston Partners | 2,748,500 | $337.7M | 0.41% | −209,230−7.1% | Reduced |
| Franklin Resources Inc | 2,560,916 | $314.8M | 0.11% | −38,428−1.5% | Reduced |
| Mitsubishi UFJ Trust & Banking Corp | 1,523,288 | $301.5M | 0.63% | +1,471,052+2,816.2% | Added |
| Scotia Capital Inc. | 2,101,165 | $257.5M | 1.70% | −9,789−0.5% | Reduced |
| Bank of America Corp | 2,022,940 | $248.5M | 0.03% | −259,731−11.4% | Reduced |
| TD Waterhouse Canada Inc. | 1,609,746 | $248.4M | 2.42% | +1,609,746 | New |
| Geode Capital Management, LLC | 1,946,243 | $238.7M | 0.03% | +104,153+5.7% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 1,713,161 | $210.4M | 0.13% | −78,468−4.4% | Reduced |
| Causeway Capital Management LLC | 1,799,444 | $198.8M | 4.37% | +1,799,444 | New |
| Russell Investments Group, Ltd. | 1,611,953 | $198.1M | 0.32% | −187,443−10.4% | Reduced |
| Alberta Investment Management Corp | 1,532,372 | $188.5M | 1.16% | +674,261+78.6% | Added |
| National Bank of Canada | 1,513,355 | $185.4M | 0.78% | +1,513,355 | New |
| Loring Wolcott & Coolidge Fiduciary Advisors LLP | 1,453,257 | $178.5M | 1.64% | −4,809−0.3% | Reduced |
| Credit Suisse AG | 1,328,409 | $163.2M | 0.13% | −44,509−3.2% | Reduced |
| Two Sigma Investments, LP | 1,221,135 | $150.0M | 0.37% | +881,828+259.9% | Added |
| Manning & Napier Group, LLC | 1,205,049 | $148.1M | 1.24% | −69,249−5.4% | Reduced |
| Federation des caisses Desjardins du Quebec | 1,125,640 | $137.9M | 1.36% | −105,164−8.5% | Reduced |
| Arrowstreet Capital, Limited Partnership | 1,090,553 | $134.0M | 0.16% | +1,088,353+49,470.6% | Added |
| Morgan Stanley | 1,081,830 | $132.9M | 0.02% | −117,197−9.8% | Reduced |
| Consulta Ltd | 1,000,000 | $122.9M | 6.07% | 00.0% | Unchanged |
| Holocene Advisors, LP | 950,696 | $116.8M | 0.62% | −160,262−14.4% | Reduced |
| APG Asset Management N.V. | 963,877 | $104.3M | 0.18% | +71,056+8.0% | Added |
| Douglass Winthrop Advisors, LLC | 839,767 | $103.2M | 2.31% | −6,040−0.7% | Reduced |
| Two Sigma Advisers, LP | 824,372 | $101.3M | 0.25% | +54,972+7.1% | Added |
| Stifel Financial Corp | 813,553 | $100.0M | 0.13% | +16,845+2.1% | Added |
| Amundi | 807,511 | $98.8M | 0.06% | +20,809+2.6% | Added |
| State of Tennessee, Treasury Department | 802,721 | $98.7M | 0.36% | +5,347+0.7% | Added |
| Burgundy Asset Management Ltd. | 774,625 | $94.9M | 0.93% | −61,291−7.3% | Reduced |
| Cidel Asset Management Inc | 770,542 | $94.8M | 3.53% | +4,251+0.6% | Added |
| Dimensional Fund Advisors LP | 739,357 | $90.8M | 0.03% | +21,194+3.0% | Added |
| BlackRock Inc. | 737,911 | $90.7M | 0.00% | +94,250+14.6% | Added |
| Brown Advisory Inc | 729,188 | $89.6M | 0.11% | −36,463−4.8% | Reduced |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 717,901 | $87.5M | 0.13% | +1,904+0.3% | Added |
| Ameriprise Financial Inc | 719,045 | $79.0M | 0.02% | +551,661+329.6% | Added |
| Addenda Capital Inc. | 490,474 | $76.2M | 3.27% | −19,918−3.9% | Reduced |
| Guardian Capital LP | 579,129 | $71.2M | 1.37% | −50,342−8.0% | Reduced |
| Agf Investments Inc. | 567,135 | $69.7M | 0.50% | −231,402−29.0% | Reduced |
| Northern Trust Corp | 564,240 | $69.3M | 0.01% | +11,896+2.2% | Added |
| Parametric Portfolio Associates LLC | 553,218 | $68.0M | 0.03% | −4,400−0.8% | Reduced |
| Mn Services Vermogensbeheer B.V. | 542,160 | $66.7M | 0.39% | +9,900+1.9% | Added |
| Partners Group Holding AG | 540,694 | $65.8M | 3.12% | −39,063−6.7% | Reduced |
| Montrusco Bolton Investments Inc. | 533,375 | $65.6M | 1.55% | −29,604−5.3% | Reduced |
| HSBC Holdings PLC | 526,542 | $64.7M | 0.07% | +60,688+13.0% | Added |
| First Trust Advisors LP | 512,405 | $63.0M | 0.06% | −18,553−3.5% | Reduced |
| Envestnet Asset Management Inc | 499,921 | $61.4M | 0.03% | +13,002+2.7% | Added |
| Scheer, Rowlett & Associates Investment Management Ltd. | 488,611 | $60.1M | 4.13% | −90,830−15.7% | Reduced |
| Great West Life Assurance Co | 487,272 | $59.6M | 0.12% | −9,665−1.9% | Reduced |
| Cardinal Capital Management, Inc. | 470,292 | $57.7M | 2.69% | −94,702−16.8% | Reduced |
| AMF Pensionsforsakring AB | 463,579 | $57.2M | 0.39% | −162,761−26.0% | Reduced |
| Maj Invest Holding A/S | 464,569 | $57.1M | 0.93% | −725,731−61.0% | Reduced |
| Dixon Mitchell Investment Counsel Inc. | 454,302 | $55.8M | 3.47% | +6,747+1.5% | Added |
| Intact Investment Management Inc. | 358,398 | $55.5M | 1.41% | −2,415−0.7% | Reduced |
| British Columbia Investment Management Corp | 443,749 | $54.5M | 0.31% | −38,031−7.9% | Reduced |
| Credential Qtrade Securities Inc. | 430,968 | $53.0M | 3.58% | −174,410−28.8% | Reduced |
| Invesco Ltd. | 414,202 | $50.9M | 0.01% | −254,071−38.0% | Reduced |
| Bradley Foster & Sargent Inc | 409,907 | $50.4M | 1.04% | −1720.0% | Reduced |
| Saturna Capital CORP | 408,000 | $50.0M | 0.90% | 00.0% | Unchanged |
| Employees Provident Fund Board | 401,647 | $49.4M | 0.81% | −551,176−57.8% | Reduced |
| Millennium Management LLC | 385,068 | $47.3M | 0.05% | −861,079−69.1% | Reduced |
| Reynders McVeigh Capital Management, LLC | 383,631 | $47.1M | 2.67% | +2,047+0.5% | Added |
| Public Sector Pension Investment Board | 373,462 | $45.9M | 0.25% | −9,030−2.4% | Reduced |
| Skye Global Management LP | 367,500 | $45.2M | 0.76% | +367,500 | New |
| UBS Group AG | 366,758 | $45.1M | 0.02% | +62,481+20.5% | Added |
| SEI Investments Co | 359,486 | $44.0M | 0.08% | +21,126+6.2% | Added |
| Bank of Nova Scotia Trust Co | 354,265 | $43.5M | 3.77% | −25,300−6.7% | Reduced |