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 2022
Institutional positions in Canadian National Railway Co as of Dec 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
- 784
- +56 vs. Q3 2022
- Shares held
- 460.0M
- −2.72M (−0.6%) vs. Q3 2022
- Total value
- $54.8B
- +$4.64B (+9.3%) vs. Q3 2022
- New holders
- 99
- 230 more added
- Sold out
- 43
- 289 more reduced
11 institutions that held it in Q3 2022 haven't filed for Q4 2022 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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, Q4 2022
Shares, value and share of portfolio for each institution holding Canadian National Railway Co; share changes are against Q3 2022.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Two Sigma Investments, LP | 474,785 | $56.4M | 0.18% | −52,700−10.0% | Reduced |
| Ameriprise Financial Inc | 502,221 | $56.5M | 0.02% | −68,249−12.0% | Reduced |
| Northern Trust Corp | 476,055 | $56.6M | 0.01% | −26,560−5.3% | Reduced |
| Dixon Mitchell Investment Counsel Inc. | 476,736 | $56.6M | 3.79% | +6,105+1.3% | Added |
| Coronation Fund Managers Ltd. | 485,273 | $57.7M | 1.60% | +170,453+54.1% | Added |
| Guardian Capital LP | 495,942 | $58.9M | 1.94% | −77,530−13.5% | Reduced |
| BlackRock Inc. | 499,056 | $59.3M | 0.00% | +286+0.1% | Added |
| Covea Finance | 508,062 | $60.4M | 3.01% | +210,791+70.9% | Added |
| Invesco Ltd. | 517,844 | $61.6M | 0.02% | +28,251+5.8% | Added |
| Triasima Portfolio Management inc. | 524,362 | $62.3M | 4.76% | −9,130−1.7% | Reduced |
| Korea Investment CORP | 544,624 | $64.6M | 0.20% | +64,246+13.4% | Added |
| Envestnet Asset Management Inc | 546,144 | $64.9M | 0.03% | +9,093+1.7% | Added |
| Burgundy Asset Management Ltd. | 552,707 | $65.6M | 0.85% | −29,287−5.0% | Reduced |
| First Trust Advisors LP | 604,180 | $71.8M | 0.09% | +47,630+8.6% | Added |
| Addenda Capital Inc. | 468,388 | $75.3M | 3.27% | −14,794−3.1% | Reduced |
| Manning & Napier Group, LLC | 661,049 | $78.6M | 0.97% | −10,739−1.6% | Reduced |
| Earnest Partners LLC | 666,304 | $79.1M | 0.49% | −8,499−1.3% | Reduced |
| Cidel Asset Management Inc | 676,531 | $80.3M | 3.76% | −37,900−5.3% | Reduced |
| State of Tennessee, Treasury Department | 677,637 | $80.5M | 0.38% | −76,783−10.2% | Reduced |
| Brown Advisory Inc | 677,769 | $80.6M | 0.15% | −2,587−0.4% | Reduced |
| Consulta Ltd | 707,250 | $84.1M | 7.22% | 00.0% | Unchanged |
| Holocene Advisors, LP | 721,058 | $85.7M | 0.53% | −147,666−17.0% | Reduced |
| British Columbia Investment Management Corp | 741,773 | $88.1M | 0.96% | −124,684−14.4% | Reduced |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 835,733 | $99.3M | 0.18% | +22,877+2.8% | Added |
| Dimensional Fund Advisors LP | 855,953 | $101.8M | 0.04% | +37,521+4.6% | Added |
| Douglass Winthrop Advisors, LLC | 887,929 | $105.6M | 2.89% | −875−0.1% | Reduced |
| Stifel Financial Corp | 895,601 | $106.5M | 0.16% | +33,462+3.9% | Added |
| William Blair Investment Management, LLC | 945,375 | $112.3M | 0.43% | −217,705−18.7% | Reduced |
| Standard Life Aberdeen plc | 976,533 | $116.1M | 0.32% | +9,444+1.0% | Added |
| Amundi | 957,444 | $117.2M | 0.06% | +208,163+27.8% | Added |
| Federation des caisses Desjardins du Quebec | 1,024,332 | $127.4M | 1.51% | −26,602−2.5% | Reduced |
| Alliancebernstein L.P. | 1,155,279 | $137.3M | 0.06% | +177,058+18.1% | Added |
| Man Group plc | 1,334,545 | $158.4M | 0.57% | +572,239+75.1% | Added |
| Credit Suisse AG | 1,359,705 | $161.6M | 0.17% | +3,053+0.2% | Added |
| Royal London Asset Management Ltd | 1,386,528 | $164.8M | 0.74% | +1,386,528 | New |
| APG Asset Management N.V. | 1,041,815 | $167.6M | 0.32% | +132,776+14.6% | Added |
| Bank of America Corp | 1,435,543 | $170.7M | 0.02% | −259,848−15.3% | Reduced |
| Loring Wolcott & Coolidge Fiduciary Advisors LLP | 1,482,755 | $176.3M | 2.18% | +952+0.1% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 1,507,327 | $179.2M | 0.14% | −14,797−1.0% | Reduced |
| Alberta Investment Management Corp | 1,552,508 | $184.3M | 1.63% | −194,387−11.1% | Reduced |
| Russell Investments Group, Ltd. | 1,602,005 | $190.4M | 0.39% | +139,196+9.5% | Added |
| Franklin Resources Inc | 1,624,857 | $193.0M | 0.10% | −493,697−23.3% | Reduced |
| Millennium Management LLC | 1,645,182 | $195.6M | 0.22% | −666,911−28.8% | Reduced |
| Balyasny Asset Management LLC | 1,666,571 | $198.1M | 0.70% | +653,813+64.6% | Added |
| Principal Financial Group Inc | 1,825,878 | $216.7M | 0.16% | +131,031+7.7% | Added |
| Artisan Partners Limited Partnership | 1,855,464 | $220.4M | 0.39% | −847,371−31.4% | Reduced |
| Geode Capital Management, LLC | 1,899,094 | $226.4M | 0.03% | −3,328−0.2% | Reduced |
| TD Waterhouse Canada Inc. | 1,445,986 | $234.6M | 2.57% | −20,163−1.4% | Reduced |
| Goldman Sachs Group Inc | 2,074,311 | $246.6M | 0.07% | +410,045+24.6% | Added |
| Scotia Capital Inc. | 2,223,467 | $263.6M | 2.03% | −6,837−0.3% | Reduced |
| Morgan Stanley | 2,342,900 | $278.5M | 0.03% | +339,397+16.9% | Added |
| Swiss National Bank | 2,477,400 | $294.2M | 0.21% | −165,258−6.3% | Reduced |
| Harding Loevner LP | 3,063,713 | $364.2M | 2.10% | −186,335−5.7% | Reduced |
| Toronto Dominion Bank | 3,548,434 | $426.8M | 0.64% | −97,370−2.7% | Reduced |
| Canada Pension Plan Investment Board | 3,753,200 | $445.5M | 0.79% | −7,800−0.2% | Reduced |
| JPMorgan Chase & Co | 4,027,571 | $478.8M | 0.07% | −559,417−12.2% | Reduced |
| Causeway Capital Management LLC | 4,237,427 | $503.1M | 14.60% | −422,025−9.1% | Reduced |
| Legal & General Group Plc | 4,380,580 | $520.0M | 0.20% | −119,945−2.7% | Reduced |
| Beutel, Goodman & Co Ltd. | 4,464,939 | $530.0M | 3.21% | −288,520−6.1% | Reduced |
| FMR LLC | 4,690,500 | $557.2M | 0.06% | +103,337+2.3% | Added |
| CIBC World Markets Inc. | 5,126,793 | $608.6M | 2.39% | +81,985+1.6% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 5,123,229 | $608.6M | 3.50% | −381,159−6.9% | Reduced |
| Fiera Capital Corp | 5,132,783 | $610.2M | 1.90% | +38,281+0.8% | Added |
| CIBC Asset Management Inc | 5,553,403 | $659.8M | 2.80% | −191,910−3.3% | Reduced |
| Bank of Nova Scotia | 5,666,375 | $673.1M | 1.74% | −142,122−2.4% | Reduced |
| National Bank of Canada | 5,977,754 | $709.6M | 1.92% | +3,846,281+180.5% | Added |
| Norges Bank | 6,125,696 | $727.7M | 0.18% | +420,403+7.4% | Added |
| Deutsche Bank AG | 6,281,634 | $746.8M | 0.43% | −1,625,838−20.6% | Reduced |
| Manufacturers Life Insurance Company, The | 8,113,229 | $963.2M | 0.61% | −558,323−6.4% | Reduced |
| 1832 Asset Management L.P. | 8,438,904 | $1.00B | 2.06% | −273,719−3.1% | Reduced |
| Jarislowsky, Fraser Ltd | 9,486,125 | $1.13B | 7.37% | −717,158−7.0% | Reduced |
| FIL Ltd | 9,819,679 | $1.17B | 1.40% | +1,292,154+15.2% | Added |
| Egerton Capital (UK) LLP | 10,981,983 | $1.31B | 11.23% | −190,913−1.7% | Reduced |
| Mackenzie Financial Corp | 11,692,585 | $1.39B | 2.34% | −352,078−2.9% | Reduced |
| TD Asset Management Inc | 12,081,798 | $1.43B | 1.77% | −136,457−1.1% | Reduced |
| Caisse de Depot Et Placement du Quebec | 12,333,700 | $1.46B | 4.50% | 00.0% | Unchanged |
| Bank of New York Mellon Corp | 13,846,215 | $1.65B | 0.38% | −138,916−1.0% | Reduced |
| Bank of Montreal | 15,426,218 | $1.90B | 1.49% | −1,728,163−10.1% | Reduced |
| Wellington Management Group LLP | 20,186,602 | $2.40B | 0.48% | −525,166−2.5% | Reduced |
| Massachusetts Financial Services Co | 21,011,053 | $2.50B | 0.87% | −609,450−2.8% | Reduced |
| Vanguard Group Inc | 21,877,574 | $2.60B | 0.07% | +115,267+0.5% | Added |
| Royal Bank of Canada | 30,082,100 | $3.58B | 1.08% | +302,869+1.0% | Added |
| TCI Fund Management LtdSuperinvestorTCI Fund Management | 36,699,825 | $4.36B | 14.56% | 00.0% | Unchanged |
| Gates Foundation TrustSuperinvestorGates Foundation Trust | 54,826,786 | $6.52B | 18.24% | 00.0% | Unchanged |
| Scopus Asset Management, L.P. | 0 | $0 | 0.00% | −119,329−100.0% | Sold out |
| Motley Fool Asset Management LLC | 0 | $0 | 0.00% | −70,889−100.0% | Sold out |
| Point72 Asset Management, L.P. | 0 | $0 | 0.00% | −39,900−100.0% | Sold out |
| SeaTown Holdings Pte. Ltd. | 0 | $0 | 0.00% | −35,000−100.0% | Sold out |
| Lighthouse Investment Partners, LLC | 0 | $0 | 0.00% | −30,000−100.0% | Sold out |
| Marshall Wace, LLP | 0 | $0 | 0.00% | −28,014−100.0% | Sold out |
| Marsico Capital Management LLC | 0 | $0 | 0.00% | −27,950−100.0% | Sold out |
| AlphaCrest Capital Management LLC | 0 | $0 | 0.00% | −23,768−100.0% | Sold out |
| LMR Partners LLP | 0 | $0 | 0.00% | −12,631−100.0% | Sold out |
| PEAK6 Investments LLC | 0 | $0 | 0.00% | −10,337−100.0% | Sold out |
| Seven Eight Capital, LP | 0 | $0 | 0.00% | −8,057−100.0% | Sold out |
| OPSEU Pension Plan Trust Fund | 0 | $0 | 0.00% | −7,406−100.0% | Sold out |
| Horizon Investments, LLC | 0 | $0 | 0.00% | −7,475−100.0% | Sold out |
| Financial Advocates Investment Management | 0 | $0 | 0.00% | −8,328−100.0% | Sold out |
| Y-Intercept (Hong Kong) Ltd | 0 | $0 | 0.00% | −6,178−100.0% | Sold out |
| Keeley-Teton Advisors, LLC | 0 | $0 | 0.00% | −4,846−100.0% | Sold out |