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 |
|---|---|---|---|---|---|
| SEI Investments Co | 409,706 | $48.3M | 0.09% | +30,983+8.2% | Added |
| Encompass Capital Advisors LLC | 415,890 | $49.0M | 2.97% | +415,890 | New |
| Bradley Foster & Sargent Inc | 419,915 | $49.5M | 1.18% | +6,219+1.5% | Added |
| Scheer, Rowlett & Associates Investment Management Ltd. | 439,907 | $51.9M | 4.30% | −2,593−0.6% | Reduced |
| Coronation Fund Managers Ltd. | 442,400 | $52.2M | 1.39% | −42,873−8.8% | Reduced |
| Healthcare of Ontario Pension Plan Trust Fund | 475,000 | $56.0M | 0.32% | +185,000+63.8% | Added |
| Ameriprise Financial Inc | 496,744 | $56.1M | 0.02% | −5,477−1.1% | Reduced |
| Dixon Mitchell Investment Counsel Inc. | 486,957 | $57.4M | 3.59% | +10,221+2.1% | Added |
| Guardian Capital LP | 493,140 | $58.1M | 1.85% | −2,802−0.6% | Reduced |
| Northern Trust Corp | 516,733 | $61.0M | 0.01% | +40,678+8.5% | Added |
| Invesco Ltd. | 522,090 | $61.6M | 0.02% | +4,246+0.8% | Added |
| Burgundy Asset Management Ltd. | 533,225 | $62.8M | 0.78% | −19,482−3.5% | Reduced |
| Envestnet Asset Management Inc | 556,844 | $65.7M | 0.03% | +10,700+2.0% | Added |
| Korea Investment CORP | 577,683 | $68.1M | 0.20% | +33,059+6.1% | Added |
| Agf Management Ltd | 589,609 | $69.6M | 0.48% | +137,896+30.5% | Added |
| Renaissance Technologies LLC | 590,600 | $69.7M | 0.09% | +249,900+73.3% | Added |
| BlackRock Inc. | 619,235 | $73.1M | 0.00% | +120,179+24.1% | Added |
| Addenda Capital Inc. | 460,249 | $73.4M | 3.02% | −8,139−1.7% | Reduced |
| Findlay Park Partners LLP | 623,641 | $73.6M | 0.78% | +191,875+44.4% | Added |
| First Trust Advisors LP | 626,145 | $73.9M | 0.09% | +21,965+3.6% | Added |
| Manning & Napier Group, LLC | 634,056 | $74.8M | 0.87% | −26,993−4.1% | Reduced |
| Two Sigma Investments, LP | 641,851 | $75.7M | 0.22% | +167,066+35.2% | Added |
| Earnest Partners LLC | 661,509 | $78.0M | 0.45% | −4,795−0.7% | Reduced |
| Brown Advisory Inc | 667,409 | $78.7M | 0.13% | −10,360−1.5% | Reduced |
| British Columbia Investment Management Corp | 674,182 | $79.5M | 0.83% | −67,591−9.1% | Reduced |
| State of Tennessee, Treasury Department | 677,637 | $79.9M | 0.35% | 00.0% | Unchanged |
| Cidel Asset Management Inc | 680,670 | $80.2M | 3.68% | +4,139+0.6% | Added |
| Citadel Advisors LLC | 706,757 | $83.4M | 0.09% | +554,720+364.9% | Added |
| Consulta Ltd | 707,250 | $83.4M | 6.57% | 00.0% | Unchanged |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 819,279 | $96.6M | 0.16% | −16,454−2.0% | Reduced |
| Dimensional Fund Advisors LP | 871,906 | $102.9M | 0.03% | +15,953+1.9% | Added |
| Douglass Winthrop Advisors, LLC | 915,799 | $108.0M | 2.80% | +27,870+3.1% | Added |
| Stifel Financial Corp | 916,980 | $108.2M | 0.16% | +21,379+2.4% | Added |
| APG Asset Management N.V. | 1,000,013 | $108.5M | 0.23% | −41,802−4.0% | Reduced |
| Quadrature Capital Ltd | 982,200 | $115.8M | 3.17% | +769,600+362.0% | Added |
| Montrusco Bolton Investments Inc. | 989,315 | $116.6M | 2.41% | +543,465+121.9% | Added |
| Standard Life Aberdeen plc | 989,995 | $116.8M | 0.29% | +13,462+1.4% | Added |
| William Blair Investment Management, LLC | 1,001,661 | $118.2M | 0.41% | +56,286+6.0% | Added |
| Federation des caisses Desjardins du Quebec | 1,009,399 | $123.8M | 1.36% | −14,933−1.5% | Reduced |
| Amundi | 1,065,054 | $124.7M | 0.07% | +107,610+11.2% | Added |
| Alliancebernstein L.P. | 1,091,631 | $128.8M | 0.06% | −63,648−5.5% | Reduced |
| Price T Rowe Associates Inc | 1,165,940 | $137.5M | 0.02% | +1,165,940 | New |
| Millennium Management LLC | 1,263,438 | $149.0M | 0.17% | −381,744−23.2% | Reduced |
| Alberta Investment Management Corp | 1,332,192 | $157.0M | 1.53% | −220,316−14.2% | Reduced |
| Credit Suisse AG | 1,392,728 | $164.3M | 0.17% | +33,023+2.4% | Added |
| Loring Wolcott & Coolidge Fiduciary Advisors LLP | 1,491,198 | $175.9M | 2.02% | +8,443+0.6% | Added |
| Royal London Asset Management Ltd | 1,503,196 | $177.3M | 0.71% | +116,668+8.4% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 1,575,470 | $185.8M | 0.14% | +68,143+4.5% | Added |
| Russell Investments Group, Ltd. | 1,596,731 | $188.0M | 0.37% | −5,274−0.3% | Reduced |
| Franklin Resources Inc | 1,603,514 | $189.2M | 0.09% | −21,343−1.3% | Reduced |
| Principal Financial Group Inc | 1,630,243 | $192.1M | 0.14% | −195,635−10.7% | Reduced |
| Arrowstreet Capital, Limited Partnership | 1,650,355 | $194.7M | 0.25% | +1,643,870+25,348.8% | Added |
| Bank of America Corp | 1,742,094 | $205.5M | 0.02% | +306,551+21.4% | Added |
| Geode Capital Management, LLC | 1,915,959 | $226.8M | 0.03% | +16,865+0.9% | Added |
| TD Waterhouse Canada Inc. | 1,453,106 | $231.8M | 2.40% | +7,120+0.5% | Added |
| Morgan Stanley | 2,046,636 | $241.4M | 0.03% | −296,264−12.6% | Reduced |
| Goldman Sachs Group Inc | 2,243,484 | $264.7M | 0.07% | +169,173+8.2% | Added |
| Scotia Capital Inc. | 2,284,828 | $268.6M | 1.96% | +61,361+2.8% | Added |
| Swiss National Bank | 2,307,700 | $271.9M | 0.19% | −169,700−6.8% | Reduced |
| Capital International Investors | 2,384,976 | $281.4M | 0.07% | +2,384,976 | New |
| Canada Pension Plan Investment Board | 3,009,880 | $354.7M | 0.56% | −743,320−19.8% | Reduced |
| Harding Loevner LP | 3,096,557 | $365.3M | 2.08% | +32,844+1.1% | Added |
| Toronto Dominion Bank | 3,531,984 | $420.3M | 0.69% | −16,450−0.5% | Reduced |
| JPMorgan Chase & Co | 4,159,127 | $490.7M | 0.06% | +131,556+3.3% | Added |
| Legal & General Group Plc | 4,356,298 | $513.3M | 0.18% | −24,282−0.6% | Reduced |
| Beutel, Goodman & Co Ltd. | 4,446,269 | $523.9M | 3.08% | −18,670−0.4% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 4,565,699 | $538.7M | 2.92% | −557,530−10.9% | Reduced |
| Causeway Capital Management LLC | 4,732,894 | $557.8M | 13.38% | +495,467+11.7% | Added |
| Fiera Capital Corp | 4,951,071 | $583.9M | 1.74% | −181,712−3.5% | Reduced |
| CIBC World Markets Inc. | 5,000,318 | $590.0M | 2.13% | −126,475−2.5% | Reduced |
| FMR LLC | 5,239,018 | $618.2M | 0.06% | +548,518+11.7% | Added |
| Deutsche Bank AG | 5,262,889 | $620.9M | 0.35% | −1,018,745−16.2% | Reduced |
| Bank of Nova Scotia | 5,529,296 | $652.5M | 1.93% | −137,079−2.4% | Reduced |
| CIBC Asset Management Inc | 5,619,574 | $662.4M | 2.68% | +66,171+1.2% | Added |
| National Bank of Canada | 5,828,528 | $686.7M | 1.86% | −149,226−2.5% | Reduced |
| Norges Bank | 6,026,403 | $711.0M | 0.16% | −99,293−1.6% | Reduced |
| Manufacturers Life Insurance Company, The | 8,178,770 | $964.5M | 0.54% | +65,541+0.8% | Added |
| 1832 Asset Management L.P. | 8,513,991 | $1.00B | 2.07% | +75,087+0.9% | Added |
| Egerton Capital (UK) LLP | 8,710,030 | $1.03B | 11.09% | −2,271,953−20.7% | Reduced |
| Jarislowsky, Fraser Ltd | 9,556,511 | $1.13B | 6.94% | +70,386+0.7% | Added |
| FIL Ltd | 9,758,665 | $1.15B | 1.32% | −61,014−0.6% | Reduced |
| Mackenzie Financial Corp | 11,361,628 | $1.34B | 2.09% | −330,957−2.8% | Reduced |
| TD Asset Management Inc | 11,813,998 | $1.39B | 1.68% | −267,800−2.2% | Reduced |
| Caisse de Depot Et Placement du Quebec | 12,333,700 | $1.45B | 4.14% | 00.0% | Unchanged |
| Bank of New York Mellon Corp | 13,713,298 | $1.62B | 0.36% | −132,917−1.0% | Reduced |
| Bank of Montreal | 14,693,097 | $2.39B | 1.54% | −733,121−4.8% | Reduced |
| Wellington Management Group LLP | 20,375,062 | $2.40B | 0.48% | +188,460+0.9% | Added |
| Massachusetts Financial Services Co | 20,672,499 | $2.44B | 0.84% | −338,554−1.6% | Reduced |
| Vanguard Group Inc | 21,681,711 | $2.56B | 0.07% | −195,863−0.9% | Reduced |
| Royal Bank of Canada | 29,408,181 | $3.47B | 1.04% | −673,919−2.2% | Reduced |
| TCI Fund Management LtdSuperinvestorTCI Fund Management | 36,699,825 | $4.33B | 14.83% | 00.0% | Unchanged |
| Gates Foundation TrustSuperinvestorGates Foundation Trust | 54,826,786 | $6.47B | 17.74% | 00.0% | Unchanged |
| Artisan Partners Limited Partnership | 0 | $0 | 0.00% | −1,855,464−100.0% | Sold out |
| Cartenna Capital, LP | 0 | $0 | 0.00% | −285,000−100.0% | Sold out |
| Locust Wood Capital Advisers, LLC | 0 | $0 | 0.00% | −208,870−100.0% | Sold out |
| Cinctive Capital Management LP | 0 | $0 | 0.00% | −78,651−100.0% | Sold out |
| Cookson Peirce & Co Inc | 0 | $0 | 0.00% | −70,062−100.0% | Sold out |
| Boothbay Fund Management, LLC | 0 | $0 | 0.00% | −63,448−100.0% | Sold out |
| Manitou Investment Management Ltd. | 0 | $0 | 0.00% | −58,339−100.0% | Sold out |
| Artemis Investment Management LLP | 0 | $0 | 0.00% | −36,902−100.0% | Sold out |