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 2022
Institutional positions in Canadian National Railway Co as of Sep 30, 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
- 739
- −11 vs. Q2 2022
- Shares held
- 463.2M
- +44.7M (+10.7%) vs. Q2 2022
- Total value
- $50.2B
- +$2.99B (+6.3%) vs. Q2 2022
- New holders
- 60
- 249 more added
- Sold out
- 71
- 266 more reduced
8 institutions that held it in Q2 2022 haven't filed for Q3 2022 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 2022: 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, Q3 2022
Shares, value and share of portfolio for each institution holding Canadian National Railway Co; share changes are against Q2 2022.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Gates Foundation TrustSuperinvestorGates Foundation Trust | 54,826,786 | $5.92B | 17.42% | +44,548,156+433.4% | Added |
| TCI Fund Management LtdSuperinvestorTCI Fund Management | 36,699,825 | $3.96B | 13.86% | 00.0% | Unchanged |
| Royal Bank of Canada | 29,779,231 | $3.22B | 1.07% | +783,642+2.7% | Added |
| Vanguard Group Inc | 21,762,307 | $2.35B | 0.07% | +800,108+3.8% | Added |
| Massachusetts Financial Services Co | 21,620,503 | $2.33B | 0.87% | −1,557,250−6.7% | Reduced |
| Wellington Management Group LLP | 20,711,768 | $2.25B | 0.48% | −1,124,436−5.1% | Reduced |
| Bank of Montreal | 17,154,381 | $1.88B | 1.48% | +2,275,711+15.3% | Added |
| Bank of New York Mellon Corp | 13,985,131 | $1.51B | 0.37% | −33,516−0.2% | Reduced |
| TD Asset Management Inc | 12,218,255 | $1.34B | 1.68% | −158,248−1.3% | Reduced |
| Caisse de Depot Et Placement du Quebec | 12,333,700 | $1.34B | 3.98% | 00.0% | Unchanged |
| Mackenzie Financial Corp | 12,044,663 | $1.30B | 2.23% | +260,003+2.2% | Added |
| Egerton Capital (UK) LLP | 11,172,896 | $1.21B | 9.37% | −649,986−5.5% | Reduced |
| Jarislowsky, Fraser Ltd | 10,203,283 | $1.11B | 7.68% | −285,290−2.7% | Reduced |
| Manufacturers Life Insurance Company, The | 8,671,552 | $945.6M | 0.66% | +531,876+6.5% | Added |
| 1832 Asset Management L.P. | 8,712,623 | $940.9M | 2.00% | +133,353+1.6% | Added |
| FIL Ltd | 8,527,525 | $920.9M | 1.18% | +2,198,579+34.7% | Added |
| Deutsche Bank AG | 7,907,472 | $853.9M | 0.52% | −790,632−9.1% | Reduced |
| Bank of Nova Scotia | 5,808,497 | $627.4M | 2.00% | −8280.0% | Reduced |
| CIBC Asset Management Inc | 5,745,313 | $623.1M | 2.81% | −441,868−7.1% | Reduced |
| Norges Bank | 5,705,293 | $615.4M | 0.16% | +126,624+2.3% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 5,504,388 | $593.7M | 3.89% | +470,804+9.4% | Added |
| CIBC World Markets Inc. | 5,044,808 | $544.3M | 2.34% | +129,592+2.6% | Added |
| Fiera Capital Corp | 5,094,502 | $530.7M | 1.90% | −258,102−4.8% | Reduced |
| Beutel, Goodman & Co Ltd. | 4,753,459 | $517.3M | 3.50% | −97,167−2.0% | Reduced |
| Causeway Capital Management LLC | 4,659,452 | $503.2M | 14.10% | −410,583−8.1% | Reduced |
| FMR LLC | 4,587,163 | $495.4M | 0.05% | −84,950−1.8% | Reduced |
| JPMorgan Chase & Co | 4,586,988 | $495.3M | 0.08% | −33,538−0.7% | Reduced |
| Legal & General Group Plc | 4,500,525 | $488.6M | 0.19% | −229,145−4.8% | Reduced |
| Canada Pension Plan Investment Board | 3,761,000 | $408.3M | 0.69% | +564,300+17.7% | Added |
| Toronto Dominion Bank | 3,645,804 | $397.0M | 0.71% | +46,632+1.3% | Added |
| Harding Loevner LP | 3,250,048 | $351.0M | 2.30% | −79,087−2.4% | Reduced |
| Artisan Partners Limited Partnership | 2,702,835 | $291.9M | 0.52% | +15,730+0.6% | Added |
| Swiss National Bank | 2,642,658 | $287.7M | 0.21% | −19,900−0.7% | Reduced |
| Millennium Management LLC | 2,312,093 | $249.7M | 0.31% | +362,843+18.6% | Added |
| Scotia Capital Inc. | 2,230,304 | $240.9M | 1.95% | +23,919+1.1% | Added |
| National Bank of Canada | 2,131,473 | $230.2M | 1.33% | +24,307+1.2% | Added |
| Franklin Resources Inc | 2,118,554 | $228.5M | 0.12% | −50,042−2.3% | Reduced |
| TD Waterhouse Canada Inc. | 1,466,149 | $224.8M | 2.55% | −46,700−3.1% | Reduced |
| Morgan Stanley | 2,003,503 | $216.4M | 0.03% | +346,638+20.9% | Added |
| Geode Capital Management, LLC | 1,902,422 | $206.7M | 0.03% | +129,548+7.3% | Added |
| Alberta Investment Management Corp | 1,746,895 | $189.7M | 1.46% | +43,701+2.6% | Added |
| Principal Financial Group Inc | 1,694,847 | $184.0M | 0.15% | +212,590+14.3% | Added |
| Bank of America Corp | 1,695,391 | $183.1M | 0.02% | −217,492−11.4% | Reduced |
| Goldman Sachs Group Inc | 1,664,266 | $179.7M | 0.05% | −108,429−6.1% | Reduced |
| Sumitomo Mitsui Trust Holdings, Inc. | 1,522,124 | $164.7M | 0.14% | −7,455−0.5% | Reduced |
| Loring Wolcott & Coolidge Fiduciary Advisors LLP | 1,481,803 | $160.0M | 2.08% | +9,464+0.6% | Added |
| Russell Investments Group, Ltd. | 1,462,809 | $158.8M | 0.35% | +14,950+1.0% | Added |
| Credit Suisse AG | 1,356,652 | $146.5M | 0.17% | +12,356+0.9% | Added |
| William Blair Investment Management, LLC | 1,163,080 | $125.4M | 0.50% | −2,145,866−64.9% | Reduced |
| Federation des caisses Desjardins du Quebec | 1,050,934 | $120.1M | 1.43% | −74,112−6.6% | Reduced |
| Balyasny Asset Management LLC | 1,012,758 | $109.4M | 0.42% | +1,012,758 | New |
| Alliancebernstein L.P. | 978,221 | $105.6M | 0.05% | +588,184+150.8% | Added |
| Standard Life Aberdeen plc | 967,089 | $104.4M | 0.31% | −589,224−37.9% | Reduced |
| APG Asset Management N.V. | 909,039 | $100.7M | 0.26% | +266,347+41.4% | Added |
| Douglass Winthrop Advisors, LLC | 888,804 | $96.0M | 2.90% | +9,494+1.1% | Added |
| Holocene Advisors, LP | 868,724 | $93.8M | 0.60% | −421,231−32.7% | Reduced |
| British Columbia Investment Management Corp | 866,457 | $93.5M | 1.05% | +141,527+19.5% | Added |
| Stifel Financial Corp | 862,139 | $93.1M | 0.15% | +24,989+3.0% | Added |
| Dimensional Fund Advisors LP | 818,432 | $88.4M | 0.03% | +28,663+3.6% | Added |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 812,856 | $87.8M | 0.17% | +36,517+4.7% | Added |
| Amundi | 749,281 | $85.2M | 0.05% | +90,995+13.8% | Added |
| Man Group plc | 762,306 | $82.8M | 0.39% | – | – |
| State of Tennessee, Treasury Department | 754,420 | $81.8M | 0.40% | +6,178+0.8% | Added |
| Cidel Asset Management Inc | 714,431 | $77.6M | 3.69% | −36,442−4.9% | Reduced |
| Consulta Ltd | 707,250 | $76.4M | 7.63% | −292,750−29.3% | Reduced |
| D. E. Shaw & Co., Inc. | 706,301 | $76.2M | 0.13% | +44,700+6.8% | Added |
| Brown Advisory Inc | 680,356 | $73.5M | 0.14% | −21,906−3.1% | Reduced |
| Earnest Partners LLC | 674,803 | $73.3M | 0.49% | +4,114+0.6% | Added |
| Manning & Napier Group, LLC | 671,788 | $72.5M | 0.95% | −325,884−32.7% | Reduced |
| Addenda Capital Inc. | 483,182 | $72.1M | 3.29% | −5,394−1.1% | Reduced |
| Citadel Advisors LLC | 610,731 | $66.0M | 0.08% | +518,769+564.1% | Added |
| Burgundy Asset Management Ltd. | 581,994 | $62.9M | 0.88% | −38,477−6.2% | Reduced |
| Guardian Capital LP | 573,472 | $62.3M | 2.15% | +35,016+6.5% | Added |
| First Trust Advisors LP | 556,550 | $60.1M | 0.08% | +10,084+1.8% | Added |
| Partners Group Holding AG | 542,563 | $59.2M | 4.18% | −20,008−3.6% | Reduced |
| Ameriprise Financial Inc | 570,470 | $58.9M | 0.02% | −73,960−11.5% | Reduced |
| Envestnet Asset Management Inc | 537,051 | $58.0M | 0.03% | −4,243−0.8% | Reduced |
| Triasima Portfolio Management inc. | 533,492 | $57.6M | 4.67% | +315+0.1% | Added |
| Two Sigma Investments, LP | 527,485 | $57.0M | 0.20% | −1,006,926−65.6% | Reduced |
| Schonfeld Strategic Advisors LLC | 506,235 | $54.7M | 0.46% | +325,089+179.5% | Added |
| Northern Trust Corp | 502,615 | $54.3M | 0.01% | −2,006−0.4% | Reduced |
| BlackRock Inc. | 498,770 | $53.9M | 0.00% | −325,338−39.5% | Reduced |
| Invesco Ltd. | 489,593 | $52.9M | 0.02% | +34,000+7.5% | Added |
| Korea Investment CORP | 480,378 | $52.2M | 0.16% | −79,684−14.2% | Reduced |
| Dixon Mitchell Investment Counsel Inc. | 470,631 | $51.2M | 3.81% | +2,575+0.6% | Added |
| Forsta Ap-Fonden | 463,200 | $50.3M | 0.62% | +219,600+90.1% | Added |
| Montrusco Bolton Investments Inc. | 458,892 | $49.8M | 1.31% | −5,577−1.2% | Reduced |
| Arrowstreet Capital, Limited Partnership | 451,772 | $48.7M | 0.07% | −5,917−1.3% | Reduced |
| Scheer, Rowlett & Associates Investment Management Ltd. | 448,349 | $48.4M | 4.37% | −15,317−3.3% | Reduced |
| SEI Investments Co | 434,982 | $47.0M | 0.10% | +34,771+8.7% | Added |
| Intact Investment Management Inc. | 310,904 | $46.3M | 1.53% | +5,330+1.7% | Added |
| Bradley Foster & Sargent Inc | 410,740 | $44.4M | 1.23% | +3,165+0.8% | Added |
| Saturna Capital CORP | 408,000 | $44.1M | 1.07% | 00.0% | Unchanged |
| Two Sigma Advisers, LP | 407,172 | $44.0M | 0.13% | −828,000−67.0% | Reduced |
| Employees Provident Fund Board | 401,647 | $43.6M | 1.27% | 00.0% | Unchanged |
| Reynders McVeigh Capital Management, LLC | 395,334 | $42.7M | 3.32% | +5,979+1.5% | Added |
| Renaissance Technologies LLC | 374,600 | $40.5M | 0.06% | +316,000+539.2% | Added |
| Cardinal Capital Management, Inc. | 370,538 | $40.3M | 2.46% | −1,340−0.4% | Reduced |
| AMF Pensionsforsakring AB | 369,801 | $40.3M | 0.48% | +26,066+7.6% | Added |
| Public Sector Pension Investment Board | 345,226 | $37.5M | 0.32% | +8,947+2.7% | Added |