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 2023
Institutional positions in Canadian National Railway Co as of Mar 31, 2023. 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
- 792
- +19 vs. Q4 2022
- Shares held
- 455.4M
- −4.25M (−0.9%) vs. Q4 2022
- Total value
- $54.5B
- −$304.8M (−0.6%) vs. Q4 2022
- New holders
- 74
- 236 more added
- Sold out
- 55
- 283 more reduced
11 institutions that held it in Q4 2022 haven't filed for Q1 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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, Q1 2023
Shares, value and share of portfolio for each institution holding Canadian National Railway Co; share changes are against Q4 2022.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Gates Foundation TrustSuperinvestorGates Foundation Trust | 54,826,786 | $6.47B | 17.74% | 00.0% | Unchanged |
| TCI Fund Management LtdSuperinvestorTCI Fund Management | 36,699,825 | $4.33B | 14.83% | 00.0% | Unchanged |
| Royal Bank of Canada | 29,408,181 | $3.47B | 1.04% | −673,919−2.2% | Reduced |
| Vanguard Group Inc | 21,681,711 | $2.56B | 0.07% | −195,863−0.9% | Reduced |
| Massachusetts Financial Services Co | 20,672,499 | $2.44B | 0.84% | −338,554−1.6% | Reduced |
| Wellington Management Group LLP | 20,375,062 | $2.40B | 0.48% | +188,460+0.9% | Added |
| Bank of Montreal | 14,693,097 | $2.39B | 1.54% | −733,121−4.8% | Reduced |
| Bank of New York Mellon Corp | 13,713,298 | $1.62B | 0.36% | −132,917−1.0% | Reduced |
| Caisse de Depot Et Placement du Quebec | 12,333,700 | $1.45B | 4.14% | 00.0% | Unchanged |
| TD Asset Management Inc | 11,813,998 | $1.39B | 1.68% | −267,800−2.2% | Reduced |
| Mackenzie Financial Corp | 11,361,628 | $1.34B | 2.09% | −330,957−2.8% | Reduced |
| FIL Ltd | 9,758,665 | $1.15B | 1.32% | −61,014−0.6% | Reduced |
| Jarislowsky, Fraser Ltd | 9,556,511 | $1.13B | 6.94% | +70,386+0.7% | Added |
| Egerton Capital (UK) LLP | 8,710,030 | $1.03B | 11.09% | −2,271,953−20.7% | Reduced |
| 1832 Asset Management L.P. | 8,513,991 | $1.00B | 2.07% | +75,087+0.9% | Added |
| Manufacturers Life Insurance Company, The | 8,178,770 | $964.5M | 0.54% | +65,541+0.8% | Added |
| Norges Bank | 6,026,403 | $711.0M | 0.16% | −99,293−1.6% | Reduced |
| National Bank of Canada | 5,828,528 | $686.7M | 1.86% | −149,226−2.5% | Reduced |
| CIBC Asset Management Inc | 5,619,574 | $662.4M | 2.68% | +66,171+1.2% | Added |
| Bank of Nova Scotia | 5,529,296 | $652.5M | 1.93% | −137,079−2.4% | Reduced |
| Deutsche Bank AG | 5,262,889 | $620.9M | 0.35% | −1,018,745−16.2% | Reduced |
| FMR LLC | 5,239,018 | $618.2M | 0.06% | +548,518+11.7% | Added |
| CIBC World Markets Inc. | 5,000,318 | $590.0M | 2.13% | −126,475−2.5% | Reduced |
| Fiera Capital Corp | 4,951,071 | $583.9M | 1.74% | −181,712−3.5% | Reduced |
| Causeway Capital Management LLC | 4,732,894 | $557.8M | 13.38% | +495,467+11.7% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 4,565,699 | $538.7M | 2.92% | −557,530−10.9% | Reduced |
| Beutel, Goodman & Co Ltd. | 4,446,269 | $523.9M | 3.08% | −18,670−0.4% | Reduced |
| Legal & General Group Plc | 4,356,298 | $513.3M | 0.18% | −24,282−0.6% | Reduced |
| JPMorgan Chase & Co | 4,159,127 | $490.7M | 0.06% | +131,556+3.3% | Added |
| Toronto Dominion Bank | 3,531,984 | $420.3M | 0.69% | −16,450−0.5% | Reduced |
| Harding Loevner LP | 3,096,557 | $365.3M | 2.08% | +32,844+1.1% | Added |
| Canada Pension Plan Investment Board | 3,009,880 | $354.7M | 0.56% | −743,320−19.8% | Reduced |
| Capital International Investors | 2,384,976 | $281.4M | 0.07% | +2,384,976 | New |
| Swiss National Bank | 2,307,700 | $271.9M | 0.19% | −169,700−6.8% | Reduced |
| Scotia Capital Inc. | 2,284,828 | $268.6M | 1.96% | +61,361+2.8% | Added |
| Goldman Sachs Group Inc | 2,243,484 | $264.7M | 0.07% | +169,173+8.2% | Added |
| Morgan Stanley | 2,046,636 | $241.4M | 0.03% | −296,264−12.6% | Reduced |
| TD Waterhouse Canada Inc. | 1,453,106 | $231.8M | 2.40% | +7,120+0.5% | Added |
| Geode Capital Management, LLC | 1,915,959 | $226.8M | 0.03% | +16,865+0.9% | Added |
| Bank of America Corp | 1,742,094 | $205.5M | 0.02% | +306,551+21.4% | Added |
| Arrowstreet Capital, Limited Partnership | 1,650,355 | $194.7M | 0.25% | +1,643,870+25,348.8% | Added |
| Principal Financial Group Inc | 1,630,243 | $192.1M | 0.14% | −195,635−10.7% | Reduced |
| Franklin Resources Inc | 1,603,514 | $189.2M | 0.09% | −21,343−1.3% | Reduced |
| Russell Investments Group, Ltd. | 1,596,731 | $188.0M | 0.37% | −5,274−0.3% | Reduced |
| Sumitomo Mitsui Trust Holdings, Inc. | 1,575,470 | $185.8M | 0.14% | +68,143+4.5% | Added |
| Royal London Asset Management Ltd | 1,503,196 | $177.3M | 0.71% | +116,668+8.4% | Added |
| Loring Wolcott & Coolidge Fiduciary Advisors LLP | 1,491,198 | $175.9M | 2.02% | +8,443+0.6% | Added |
| Credit Suisse AG | 1,392,728 | $164.3M | 0.17% | +33,023+2.4% | Added |
| Alberta Investment Management Corp | 1,332,192 | $157.0M | 1.53% | −220,316−14.2% | Reduced |
| Millennium Management LLC | 1,263,438 | $149.0M | 0.17% | −381,744−23.2% | Reduced |
| Price T Rowe Associates Inc | 1,165,940 | $137.5M | 0.02% | +1,165,940 | New |
| Alliancebernstein L.P. | 1,091,631 | $128.8M | 0.06% | −63,648−5.5% | Reduced |
| Amundi | 1,065,054 | $124.7M | 0.07% | +107,610+11.2% | Added |
| Federation des caisses Desjardins du Quebec | 1,009,399 | $123.8M | 1.36% | −14,933−1.5% | Reduced |
| William Blair Investment Management, LLC | 1,001,661 | $118.2M | 0.41% | +56,286+6.0% | Added |
| Standard Life Aberdeen plc | 989,995 | $116.8M | 0.29% | +13,462+1.4% | Added |
| Montrusco Bolton Investments Inc. | 989,315 | $116.6M | 2.41% | +543,465+121.9% | Added |
| Quadrature Capital Ltd | 982,200 | $115.8M | 3.17% | +769,600+362.0% | Added |
| APG Asset Management N.V. | 1,000,013 | $108.5M | 0.23% | −41,802−4.0% | Reduced |
| Stifel Financial Corp | 916,980 | $108.2M | 0.16% | +21,379+2.4% | Added |
| Douglass Winthrop Advisors, LLC | 915,799 | $108.0M | 2.80% | +27,870+3.1% | Added |
| Dimensional Fund Advisors LP | 871,906 | $102.9M | 0.03% | +15,953+1.9% | Added |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 819,279 | $96.6M | 0.16% | −16,454−2.0% | Reduced |
| Consulta Ltd | 707,250 | $83.4M | 6.57% | 00.0% | Unchanged |
| Citadel Advisors LLC | 706,757 | $83.4M | 0.09% | +554,720+364.9% | Added |
| Cidel Asset Management Inc | 680,670 | $80.2M | 3.68% | +4,139+0.6% | Added |
| State of Tennessee, Treasury Department | 677,637 | $79.9M | 0.35% | 00.0% | Unchanged |
| British Columbia Investment Management Corp | 674,182 | $79.5M | 0.83% | −67,591−9.1% | Reduced |
| Brown Advisory Inc | 667,409 | $78.7M | 0.13% | −10,360−1.5% | Reduced |
| Earnest Partners LLC | 661,509 | $78.0M | 0.45% | −4,795−0.7% | Reduced |
| Two Sigma Investments, LP | 641,851 | $75.7M | 0.22% | +167,066+35.2% | Added |
| Manning & Napier Group, LLC | 634,056 | $74.8M | 0.87% | −26,993−4.1% | Reduced |
| First Trust Advisors LP | 626,145 | $73.9M | 0.09% | +21,965+3.6% | Added |
| Findlay Park Partners LLP | 623,641 | $73.6M | 0.78% | +191,875+44.4% | Added |
| Addenda Capital Inc. | 460,249 | $73.4M | 3.02% | −8,139−1.7% | Reduced |
| BlackRock Inc. | 619,235 | $73.1M | 0.00% | +120,179+24.1% | Added |
| Renaissance Technologies LLC | 590,600 | $69.7M | 0.09% | +249,900+73.3% | Added |
| Agf Management Ltd | 589,609 | $69.6M | 0.48% | +137,896+30.5% | Added |
| Korea Investment CORP | 577,683 | $68.1M | 0.20% | +33,059+6.1% | Added |
| Envestnet Asset Management Inc | 556,844 | $65.7M | 0.03% | +10,700+2.0% | Added |
| Burgundy Asset Management Ltd. | 533,225 | $62.8M | 0.78% | −19,482−3.5% | Reduced |
| Invesco Ltd. | 522,090 | $61.6M | 0.02% | +4,246+0.8% | Added |
| Northern Trust Corp | 516,733 | $61.0M | 0.01% | +40,678+8.5% | Added |
| Guardian Capital LP | 493,140 | $58.1M | 1.85% | −2,802−0.6% | Reduced |
| Dixon Mitchell Investment Counsel Inc. | 486,957 | $57.4M | 3.59% | +10,221+2.1% | Added |
| Ameriprise Financial Inc | 496,744 | $56.1M | 0.02% | −5,477−1.1% | Reduced |
| Healthcare of Ontario Pension Plan Trust Fund | 475,000 | $56.0M | 0.32% | +185,000+63.8% | Added |
| Coronation Fund Managers Ltd. | 442,400 | $52.2M | 1.39% | −42,873−8.8% | Reduced |
| Scheer, Rowlett & Associates Investment Management Ltd. | 439,907 | $51.9M | 4.30% | −2,593−0.6% | Reduced |
| Bradley Foster & Sargent Inc | 419,915 | $49.5M | 1.18% | +6,219+1.5% | Added |
| Encompass Capital Advisors LLC | 415,890 | $49.0M | 2.97% | +415,890 | New |
| SEI Investments Co | 409,706 | $48.3M | 0.09% | +30,983+8.2% | Added |
| Saturna Capital CORP | 408,000 | $48.1M | 0.93% | 00.0% | Unchanged |
| D. E. Shaw & Co., Inc. | 405,914 | $47.9M | 0.08% | −23,300−5.4% | Reduced |
| Cardinal Capital Management, Inc. | 391,788 | $46.2M | 2.51% | +15,226+4.0% | Added |
| Balyasny Asset Management LLC | 388,117 | $45.8M | 0.15% | −1,278,454−76.7% | Reduced |
| Reynders McVeigh Capital Management, LLC | 387,796 | $45.7M | 3.15% | −8,878−2.2% | Reduced |
| Partners Group Holding AG | 375,239 | $44.5M | 3.59% | −72,576−16.2% | Reduced |
| Intact Investment Management Inc. | 361,564 | $42.7M | 1.76% | +93,920+35.1% | Added |
| Pictet Asset Management SA | 346,130 | $40.8M | 0.05% | +97,280+39.1% | Added |