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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, Q1 2022

Institutional positions in Canadian National Railway Co as of Mar 31, 2022. 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
779
+6 vs. Q4 2021
Shares held
407.0M
−9.20M (−2.2%) vs. Q4 2021
Total value
$54.6B
+$3.15B (+6.1%) vs. Q4 2021
New holders
83
265 more added
Sold out
77
244 more reduced

9 institutions that held it in Q4 2021 haven't filed for Q1 2022 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2022: 779 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 heldQ1 2022: $54.6B
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, Q1 2022

Shares, value and share of portfolio for each institution holding Canadian National Railway Co; share changes are against Q4 2021.

Institutions holding CNI in Q1 2022
InstitutionSharesValue% of portfolioChange in sharesAction
TCI Fund Management LtdSuperinvestorTCI Fund Management36,699,825$4.92B13.36%00.0%Unchanged
Royal Bank of Canada29,418,836$3.95B1.04%−1,462,539−4.7%Reduced
Massachusetts Financial Services Co24,919,577$3.34B0.99%−2,137,426−7.9%Reduced
Wellington Management Group LLP20,888,814$2.80B0.48%+6,120,667+41.4%Added
Vanguard Group Inc20,007,681$2.68B0.06%+554,280+2.8%Added
Bank of Montreal15,670,310$2.14B1.21%−428,147−2.7%Reduced
Bank of New York Mellon Corp14,423,818$1.93B0.37%+2,376,082+19.7%Added
Gates Foundation TrustSuperinvestorGates Foundation Trust13,066,169$1.75B8.87%00.0%Unchanged
TD Asset Management Inc12,383,019$1.66B1.52%−194,104−1.5%Reduced
Caisse de Depot Et Placement du Quebec12,333,700$1.66B3.87%+625,000+5.3%Added
Mackenzie Financial Corp10,912,725$1.47B1.97%+2,796,065+34.4%Added
Jarislowsky, Fraser Ltd10,656,631$1.43B7.63%−1,356,500−11.3%Reduced
Egerton Capital (UK) LLP9,388,387$1.26B6.64%+1,634,059+21.1%Added
1832 Asset Management L.P.8,515,670$1.13B1.84%−133,094−1.5%Reduced
Manufacturers Life Insurance Company, The6,973,606$937.0M0.61%−1,080,057−13.4%Reduced
CIBC Asset Management Inc5,989,770$804.4M2.83%−225,756−3.6%Reduced
Bank of Nova Scotia5,990,112$803.5M1.37%−176,036−2.9%Reduced
Deutsche Bank AG5,460,887$732.5M0.34%−463,686−7.8%Reduced
Norges Bank5,333,383$715.2M0.16%+10,307+0.2%Added
FMR LLC5,055,845$678.2M0.05%−266,565−5.0%Reduced
CIBC World Markets Inc.4,920,195$660.0M2.24%−514,947−9.5%Reduced
FIL Ltd4,908,884$658.5M0.68%−2,317,258−32.1%Reduced
Fiera Capital Corp4,858,301$652.7M1.70%−299,952−5.8%Reduced
JPMorgan Chase & Co4,856,834$651.5M0.08%+146,703+3.1%Added
Legal & General Group Plc4,690,272$629.7M0.19%+189,425+4.2%Added
Beutel, Goodman & Co Ltd.4,672,005$627.0M3.55%−1,614,880−25.7%Reduced
Connor, Clark & Lunn Investment Management Ltd.4,289,407$575.2M2.82%+575,159+15.5%Added
William Blair Investment Management, LLC3,794,828$508.9M1.52%+225,854+6.3%Added
Toronto Dominion Bank3,545,295$479.4M0.72%−35,425−1.0%Reduced
Canada Pension Plan Investment Board3,196,100$429.1M0.58%+192,100+6.4%Added
Swiss National Bank3,141,958$421.0M0.24%+356,500+12.8%Added
Harding Loevner LP3,399,025$395.6M2.18%−6,220−0.2%Reduced
Causeway Capital Management LLC2,572,261$345.0M8.25%+772,817+42.9%Added
Franklin Resources Inc2,349,711$315.1M0.13%−211,205−8.2%Reduced
Scotia Capital Inc.2,172,856$291.5M1.85%+71,691+3.4%Added
National Bank of Canada2,097,108$280.3M1.10%+583,753+38.6%Added
Boston Partners2,058,293$275.6M0.33%−690,207−25.1%Reduced
Geode Capital Management, LLC2,008,834$268.8M0.03%+62,591+3.2%Added
Artisan Partners Limited Partnership1,987,230$266.6M0.35%+1,987,230New
Bank of America Corp1,931,296$259.1M0.03%−91,644−4.5%Reduced
TD Waterhouse Canada Inc.1,600,655$255.4M2.49%−9,091−0.6%Reduced
Sumitomo Mitsui Trust Holdings, Inc.1,717,078$230.7M0.15%+3,917+0.2%Added
Standard Life Aberdeen plc1,647,568$225.1M0.58%+1,647,568New
Principal Financial Group Inc1,645,408$220.9M0.14%+1,645,408New
Alberta Investment Management Corp1,584,901$212.8M1.22%+52,529+3.4%Added
Credit Suisse AG1,544,545$207.2M0.18%+216,136+16.3%Added
Loring Wolcott & Coolidge Fiduciary Advisors LLP1,466,653$196.7M2.02%+13,396+0.9%Added
Russell Investments Group, Ltd.1,405,083$188.8M0.33%−206,870−12.8%Reduced
Federation des caisses Desjardins du Quebec1,107,403$153.2M1.48%−18,237−1.6%Reduced
Manning & Napier Group, LLC1,002,684$134.5M1.28%−202,365−16.8%Reduced
Consulta Ltd1,000,000$134.1M6.73%00.0%Unchanged
Morgan Stanley980,345$131.5M0.02%−101,485−9.4%Reduced
BlackRock Inc.931,027$124.9M0.00%+193,116+26.2%Added
Douglass Winthrop Advisors, LLC841,130$112.8M2.67%+1,363+0.2%Added
Stifel Financial Corp803,076$107.7M0.15%−10,477−1.3%Reduced
APG Asset Management N.V.860,926$103.9M0.20%−102,951−10.7%Reduced
Two Sigma Investments, LP772,700$103.7M0.31%−448,435−36.7%Reduced
Dimensional Fund Advisors LP762,341$102.3M0.03%+22,984+3.1%Added
Cidel Asset Management Inc754,781$101.3M3.70%−15,761−2.0%Reduced
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main744,769$100.0M0.15%+26,868+3.7%Added
State of Tennessee, Treasury Department741,634$99.5M0.38%−61,087−7.6%Reduced
Brown Advisory Inc716,026$96.0M0.14%−13,162−1.8%Reduced
Two Sigma Advisers, LP699,272$93.8M0.25%−125,100−15.2%Reduced
Man Group plc682,269$91.6M0.32%+658,137+2,727.2%Added
Goldman Sachs Group Inc664,591$89.1M0.02%−4,483,094−87.1%Reduced
Burgundy Asset Management Ltd.649,205$87.1M0.92%−125,420−16.2%Reduced
Amundi671,368$85.3M0.06%−136,143−16.9%Reduced
Triasima Portfolio Management inc.614,780$82.5M3.97%+611,030+16,294.1%Added
Ameriprise Financial Inc692,281$82.3M0.02%−26,764−3.7%Reduced
Addenda Capital Inc.483,271$81.0M3.32%−7,203−1.5%Reduced
Agf Investments Inc.603,652$81.0M0.61%+36,517+6.4%Added
Parametric Portfolio Associates LLC595,995$79.9M0.04%+42,777+7.7%Added
Arrowstreet Capital, Limited Partnership590,997$79.3M0.10%−499,556−45.8%Reduced
Partners Group Holding AG562,546$75.7M3.96%+21,852+4.0%Added
Envestnet Asset Management Inc560,299$75.2M0.04%+60,378+12.1%Added
Guardian Capital LP551,550$74.1M1.44%−27,579−4.8%Reduced
Northern Trust Corp522,840$70.1M0.01%−41,400−7.3%Reduced
Great West Life Assurance Co489,988$69.5M0.14%+2,716+0.6%Added
Mn Services Vermogensbeheer B.V.509,160$68.4M0.45%−33,000−6.1%Reduced
Alliancebernstein L.P.497,360$66.7M0.03%+371,293+294.5%Added
Montrusco Bolton Investments Inc.481,835$64.7M1.49%−51,540−9.7%Reduced
Scheer, Rowlett & Associates Investment Management Ltd.480,851$64.5M4.23%−7,760−1.6%Reduced
Invesco Ltd.476,548$63.9M0.02%+62,346+15.1%Added
First Trust Advisors LP476,006$63.9M0.07%−36,399−7.1%Reduced
Dixon Mitchell Investment Counsel Inc.462,237$62.1M3.70%+7,935+1.7%Added
AMF Pensionsforsakring AB458,388$61.7M0.46%−5,191−1.1%Reduced
Cambiar Investors LLC450,599$60.4M2.27%+450,599New
Intact Investment Management Inc.339,554$56.9M1.44%−18,844−5.3%Reduced
Bradley Foster & Sargent Inc412,093$55.3M1.18%+2,186+0.5%Added
Saturna Capital CORP408,000$54.7M1.10%00.0%Unchanged
State of Wisconsin Investment Board407,587$54.7M0.11%+72,232+21.5%Added
Employees Provident Fund Board401,647$53.9M0.93%00.0%Unchanged
DekaBank Deutsche Girozentrale392,871$53.5M0.13%+255,861+186.7%Added
UBS Group AG392,797$52.7M0.02%+26,039+7.1%Added
Credential Qtrade Securities Inc.388,611$52.1M3.30%−42,357−9.8%Reduced
Korea Investment CORP385,780$51.8M0.13%+95,600+32.9%Added
Reynders McVeigh Capital Management, LLC383,704$51.5M3.15%+730.0%Added
Zurcher Kantonalbank (Zurich Cantonalbank)380,390$51.1M0.25%+64,514+20.4%Added
SEI Investments Co363,869$48.8M0.10%+4,383+1.2%Added
Cardinal Capital Management, Inc.353,498$47.5M2.31%−116,794−24.8%Reduced