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, Q2 2023
Institutional positions in Canadian National Railway Co as of Jun 30, 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
- +3 vs. Q1 2023
- Shares held
- 454.0M
- −1.33M (−0.3%) vs. Q1 2023
- Total value
- $55.1B
- +$591.4M (+1.1%) vs. Q1 2023
- New holders
- 56
- 266 more added
- Sold out
- 53
- 280 more reduced
3 institutions that held it in Q1 2023 haven't filed for Q2 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q1 2023: 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, Q2 2023
Shares, value and share of portfolio for each institution holding Canadian National Railway Co; share changes are against Q1 2023.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Gates Foundation TrustSuperinvestorGates Foundation Trust | 54,826,786 | $6.64B | 15.78% | 00.0% | Unchanged |
| TCI Fund Management LtdSuperinvestorTCI Fund Management | 40,888,953 | $4.95B | 14.71% | +4,189,128+11.4% | Added |
| Royal Bank of Canada | 30,340,152 | $3.67B | 1.03% | +931,971+3.2% | Added |
| Vanguard Group Inc | 22,061,524 | $2.67B | 0.06% | +379,813+1.8% | Added |
| Wellington Management Group LLP | 20,379,364 | $2.47B | 0.47% | +4,3020.0% | Added |
| Massachusetts Financial Services Co | 17,569,702 | $2.13B | 0.70% | −3,102,797−15.0% | Reduced |
| Bank of Montreal | 15,066,716 | $1.83B | 1.12% | +373,619+2.5% | Added |
| Bank of New York Mellon Corp | 13,819,790 | $1.67B | 0.35% | +106,492+0.8% | Added |
| Caisse de Depot Et Placement du Quebec | 12,441,800 | $1.51B | 4.01% | +108,100+0.9% | Added |
| FIL Ltd | 11,996,257 | $1.45B | 1.63% | +2,237,592+22.9% | Added |
| TD Asset Management Inc | 11,554,048 | $1.40B | 1.60% | −259,950−2.2% | Reduced |
| Mackenzie Financial Corp | 10,696,250 | $1.30B | 1.98% | −665,378−5.9% | Reduced |
| Jarislowsky, Fraser Ltd | 9,248,550 | $1.12B | 6.67% | −307,961−3.2% | Reduced |
| 1832 Asset Management L.P. | 8,438,668 | $1.02B | 1.99% | −75,323−0.9% | Reduced |
| Manufacturers Life Insurance Company, The | 8,122,176 | $983.2M | 0.55% | −56,594−0.7% | Reduced |
| Egerton Capital (UK) LLP | 7,695,443 | $931.7M | 9.61% | −1,014,587−11.6% | Reduced |
| National Bank of Canada | 6,058,466 | $733.1M | 1.48% | +229,938+3.9% | Added |
| Norges Bank | 5,980,436 | $724.1M | 0.14% | −45,967−0.8% | Reduced |
| CIBC Asset Management Inc | 5,521,944 | $669.2M | 2.62% | −97,630−1.7% | Reduced |
| Bank of Nova Scotia | 5,503,740 | $666.5M | 1.75% | −25,556−0.5% | Reduced |
| Deutsche Bank AG | 5,197,148 | $629.2M | 0.33% | −65,741−1.2% | Reduced |
| CIBC World Markets Inc. | 5,095,870 | $617.6M | 2.12% | +95,552+1.9% | Added |
| Fiera Capital Corp | 4,985,896 | $604.6M | 1.75% | +34,825+0.7% | Added |
| FMR LLC | 4,812,730 | $582.8M | 0.05% | −426,288−8.1% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 4,747,792 | $574.8M | 2.87% | +182,093+4.0% | Added |
| Beutel, Goodman & Co Ltd. | 4,475,709 | $542.6M | 3.04% | +29,440+0.7% | Added |
| Legal & General Group Plc | 4,380,181 | $531.0M | 0.17% | +23,883+0.5% | Added |
| JPMorgan Chase & Co | 4,047,993 | $490.1M | 0.06% | −111,134−2.7% | Reduced |
| Capital International Investors | 3,910,698 | $473.6M | 0.11% | +1,525,722+64.0% | Added |
| Arrowstreet Capital, Limited Partnership | 3,588,688 | $434.5M | 0.53% | +1,938,333+117.4% | Added |
| Toronto Dominion Bank | 3,475,584 | $424.6M | 0.63% | −56,400−1.6% | Reduced |
| Harding Loevner LP | 3,027,583 | $366.5M | 2.14% | −68,974−2.2% | Reduced |
| Causeway Capital Management LLC | 2,887,742 | $350.1M | 9.21% | −1,845,152−39.0% | Reduced |
| Scotia Capital Inc. | 2,390,650 | $289.2M | 1.98% | +105,822+4.6% | Added |
| Swiss National Bank | 2,138,200 | $259.2M | 0.18% | −169,500−7.3% | Reduced |
| Geode Capital Management, LLC | 2,004,527 | $243.2M | 0.03% | +88,568+4.6% | Added |
| Montrusco Bolton Investments Inc. | 1,963,411 | $238.0M | 3.69% | +974,096+98.5% | Added |
| TD Waterhouse Canada Inc. | 1,473,435 | $236.0M | 2.35% | +20,329+1.4% | Added |
| Morgan Stanley | 1,878,847 | $227.5M | 0.02% | −167,789−8.2% | Reduced |
| Goldman Sachs Group Inc | 1,818,668 | $220.2M | 0.06% | −424,816−18.9% | Reduced |
| Price T Rowe Associates Inc | 1,785,768 | $216.2M | 0.03% | +619,828+53.2% | Added |
| Principal Financial Group Inc | 1,652,659 | $200.4M | 0.14% | +22,416+1.4% | Added |
| Franklin Resources Inc | 1,594,541 | $193.1M | 0.09% | −8,973−0.6% | Reduced |
| Canada Pension Plan Investment Board | 1,580,680 | $191.6M | 0.29% | −1,429,200−47.5% | Reduced |
| Royal London Asset Management Ltd | 1,548,240 | $187.4M | 0.61% | +45,044+3.0% | Added |
| Alberta Investment Management Corp | 1,496,429 | $181.4M | 1.74% | +164,237+12.3% | Added |
| Russell Investments Group, Ltd. | 1,490,525 | $180.5M | 0.35% | −106,206−6.7% | Reduced |
| Loring Wolcott & Coolidge Fiduciary Advisors LLP | 1,481,688 | $179.4M | 1.92% | −9,510−0.6% | Reduced |
| Credit Suisse AG | 1,359,087 | $164.5M | 0.16% | −33,641−2.4% | Reduced |
| Federation des caisses Desjardins du Quebec | 1,178,269 | $149.9M | 1.47% | +168,870+16.7% | Added |
| Bank of America Corp | 1,204,456 | $145.8M | 0.02% | −537,638−30.9% | Reduced |
| Sumitomo Mitsui Trust Holdings, Inc. | 1,199,829 | $145.5M | 0.11% | −375,641−23.8% | Reduced |
| Amundi | 1,186,751 | $144.3M | 0.07% | +121,697+11.4% | Added |
| APG Asset Management N.V. | 1,145,712 | $127.3M | 0.26% | +145,699+14.6% | Added |
| William Blair Investment Management, LLC | 994,301 | $120.4M | 0.39% | −7,360−0.7% | Reduced |
| British Columbia Investment Management Corp | 982,255 | $118.9M | 1.11% | +308,073+45.7% | Added |
| Stifel Financial Corp | 932,131 | $112.9M | 0.15% | +15,151+1.7% | Added |
| Alliancebernstein L.P. | 925,303 | $112.0M | 0.05% | −166,328−15.2% | Reduced |
| Dimensional Fund Advisors LP | 921,265 | $111.5M | 0.04% | +49,359+5.7% | Added |
| Douglass Winthrop Advisors, LLC | 919,852 | $111.4M | 2.66% | +4,053+0.4% | Added |
| Agf Management Ltd | 873,654 | $105.8M | 0.77% | +284,045+48.2% | Added |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 778,624 | $94.3M | 0.15% | −40,655−5.0% | Reduced |
| Brown Advisory Inc | 765,699 | $92.7M | 0.14% | +98,290+14.7% | Added |
| Consulta Ltd | 707,250 | $85.6M | 5.95% | 00.0% | Unchanged |
| Cidel Asset Management Inc | 667,231 | $80.9M | 3.66% | −13,439−2.0% | Reduced |
| State of Tennessee, Treasury Department | 664,461 | $80.5M | 0.34% | −13,176−1.9% | Reduced |
| Renaissance Technologies LLC | 659,100 | $79.8M | 0.12% | +68,500+11.6% | Added |
| Manning & Napier Group, LLC | 629,660 | $76.2M | 0.87% | −4,396−0.7% | Reduced |
| Quadrature Capital Ltd | 618,500 | $74.9M | 1.64% | −363,700−37.0% | Reduced |
| First Trust Advisors LP | 603,474 | $73.1M | 0.08% | −22,671−3.6% | Reduced |
| BlackRock Inc. | 602,365 | $72.9M | 0.00% | −16,870−2.7% | Reduced |
| Addenda Capital Inc. | 449,627 | $72.1M | 3.03% | −10,622−2.3% | Reduced |
| Findlay Park Partners LLP | 586,818 | $71.0M | 0.73% | −36,823−5.9% | Reduced |
| Coronation Fund Managers Ltd. | 578,460 | $70.0M | 1.89% | +136,060+30.8% | Added |
| Two Sigma Investments, LP | 576,276 | $69.8M | 0.19% | −65,575−10.2% | Reduced |
| Invesco Ltd. | 549,228 | $66.5M | 0.02% | +27,138+5.2% | Added |
| Envestnet Asset Management Inc | 534,997 | $64.8M | 0.03% | −21,847−3.9% | Reduced |
| Guardian Capital LP | 522,236 | $63.3M | 2.03% | +29,096+5.9% | Added |
| D. E. Shaw & Co., Inc. | 521,614 | $63.2M | 0.10% | +115,700+28.5% | Added |
| Burgundy Asset Management Ltd. | 504,693 | $61.1M | 0.72% | −28,532−5.4% | Reduced |
| Dixon Mitchell Investment Counsel Inc. | 487,687 | $59.1M | 3.38% | +730+0.1% | Added |
| Ameriprise Financial Inc | 501,891 | $57.0M | 0.02% | +5,147+1.0% | Added |
| Northern Trust Corp | 455,365 | $55.1M | 0.01% | −61,368−11.9% | Reduced |
| Scheer, Rowlett & Associates Investment Management Ltd. | 453,292 | $54.9M | 4.39% | +13,385+3.0% | Added |
| Millennium Management LLC | 444,708 | $53.8M | 0.06% | −818,730−64.8% | Reduced |
| Cardinal Capital Management, Inc. | 444,223 | $53.8M | 2.70% | +52,435+13.4% | Added |
| Bradley Foster & Sargent Inc | 443,109 | $53.6M | 1.13% | +23,194+5.5% | Added |
| DekaBank Deutsche Girozentrale | 442,381 | $52.9M | 0.12% | +113,587+34.5% | Added |
| Aviva PLC | 409,322 | $49.6M | 0.20% | +175,576+75.1% | Added |
| Saturna Capital CORP | 408,000 | $49.4M | 0.85% | 00.0% | Unchanged |
| Pictet Asset Management SA | 407,333 | $49.4M | 0.06% | +61,203+17.7% | Added |
| Korea Investment CORP | 387,764 | $47.0M | 0.13% | −189,919−32.9% | Reduced |
| Intact Investment Management Inc. | 384,064 | $46.5M | 1.89% | +22,500+6.2% | Added |
| SEI Investments Co | 383,719 | $46.5M | 0.08% | −25,987−6.3% | Reduced |
| Reynders McVeigh Capital Management, LLC | 382,096 | $46.3M | 3.03% | −5,700−1.5% | Reduced |
| Partners Group Holding AG | 355,643 | $43.1M | 3.58% | −19,596−5.2% | Reduced |
| Neuberger Berman Group LLC | 331,068 | $40.0M | 0.04% | −8,146−2.4% | Reduced |
| Clark Capital Management Group, Inc. | 326,158 | $39.5M | 0.35% | +59,837+22.5% | Added |
| UBS Group AG | 313,632 | $38.0M | 0.02% | −23,488−7.0% | Reduced |
| Citadel Advisors LLC | 301,983 | $36.6M | 0.04% | −404,774−57.3% | Reduced |