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 |
|---|---|---|---|---|---|
| Korea Investment CORP | 387,764 | $47.0M | 0.13% | −189,919−32.9% | Reduced |
| Pictet Asset Management SA | 407,333 | $49.4M | 0.06% | +61,203+17.7% | Added |
| Saturna Capital CORP | 408,000 | $49.4M | 0.85% | 00.0% | Unchanged |
| Aviva PLC | 409,322 | $49.6M | 0.20% | +175,576+75.1% | Added |
| DekaBank Deutsche Girozentrale | 442,381 | $52.9M | 0.12% | +113,587+34.5% | Added |
| Bradley Foster & Sargent Inc | 443,109 | $53.6M | 1.13% | +23,194+5.5% | Added |
| Cardinal Capital Management, Inc. | 444,223 | $53.8M | 2.70% | +52,435+13.4% | Added |
| Millennium Management LLC | 444,708 | $53.8M | 0.06% | −818,730−64.8% | Reduced |
| Scheer, Rowlett & Associates Investment Management Ltd. | 453,292 | $54.9M | 4.39% | +13,385+3.0% | Added |
| Northern Trust Corp | 455,365 | $55.1M | 0.01% | −61,368−11.9% | Reduced |
| Ameriprise Financial Inc | 501,891 | $57.0M | 0.02% | +5,147+1.0% | Added |
| Dixon Mitchell Investment Counsel Inc. | 487,687 | $59.1M | 3.38% | +730+0.1% | Added |
| Burgundy Asset Management Ltd. | 504,693 | $61.1M | 0.72% | −28,532−5.4% | Reduced |
| D. E. Shaw & Co., Inc. | 521,614 | $63.2M | 0.10% | +115,700+28.5% | Added |
| Guardian Capital LP | 522,236 | $63.3M | 2.03% | +29,096+5.9% | Added |
| Envestnet Asset Management Inc | 534,997 | $64.8M | 0.03% | −21,847−3.9% | Reduced |
| Invesco Ltd. | 549,228 | $66.5M | 0.02% | +27,138+5.2% | Added |
| Two Sigma Investments, LP | 576,276 | $69.8M | 0.19% | −65,575−10.2% | Reduced |
| Coronation Fund Managers Ltd. | 578,460 | $70.0M | 1.89% | +136,060+30.8% | Added |
| Findlay Park Partners LLP | 586,818 | $71.0M | 0.73% | −36,823−5.9% | Reduced |
| Addenda Capital Inc. | 449,627 | $72.1M | 3.03% | −10,622−2.3% | Reduced |
| BlackRock Inc. | 602,365 | $72.9M | 0.00% | −16,870−2.7% | Reduced |
| First Trust Advisors LP | 603,474 | $73.1M | 0.08% | −22,671−3.6% | Reduced |
| Quadrature Capital Ltd | 618,500 | $74.9M | 1.64% | −363,700−37.0% | Reduced |
| Manning & Napier Group, LLC | 629,660 | $76.2M | 0.87% | −4,396−0.7% | Reduced |
| Renaissance Technologies LLC | 659,100 | $79.8M | 0.12% | +68,500+11.6% | Added |
| State of Tennessee, Treasury Department | 664,461 | $80.5M | 0.34% | −13,176−1.9% | Reduced |
| Cidel Asset Management Inc | 667,231 | $80.9M | 3.66% | −13,439−2.0% | Reduced |
| Consulta Ltd | 707,250 | $85.6M | 5.95% | 00.0% | Unchanged |
| Brown Advisory Inc | 765,699 | $92.7M | 0.14% | +98,290+14.7% | Added |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 778,624 | $94.3M | 0.15% | −40,655−5.0% | Reduced |
| Agf Management Ltd | 873,654 | $105.8M | 0.77% | +284,045+48.2% | Added |
| Douglass Winthrop Advisors, LLC | 919,852 | $111.4M | 2.66% | +4,053+0.4% | Added |
| Dimensional Fund Advisors LP | 921,265 | $111.5M | 0.04% | +49,359+5.7% | Added |
| Alliancebernstein L.P. | 925,303 | $112.0M | 0.05% | −166,328−15.2% | Reduced |
| Stifel Financial Corp | 932,131 | $112.9M | 0.15% | +15,151+1.7% | Added |
| British Columbia Investment Management Corp | 982,255 | $118.9M | 1.11% | +308,073+45.7% | Added |
| William Blair Investment Management, LLC | 994,301 | $120.4M | 0.39% | −7,360−0.7% | Reduced |
| APG Asset Management N.V. | 1,145,712 | $127.3M | 0.26% | +145,699+14.6% | Added |
| Amundi | 1,186,751 | $144.3M | 0.07% | +121,697+11.4% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 1,199,829 | $145.5M | 0.11% | −375,641−23.8% | Reduced |
| Bank of America Corp | 1,204,456 | $145.8M | 0.02% | −537,638−30.9% | Reduced |
| Federation des caisses Desjardins du Quebec | 1,178,269 | $149.9M | 1.47% | +168,870+16.7% | Added |
| Credit Suisse AG | 1,359,087 | $164.5M | 0.16% | −33,641−2.4% | Reduced |
| Loring Wolcott & Coolidge Fiduciary Advisors LLP | 1,481,688 | $179.4M | 1.92% | −9,510−0.6% | Reduced |
| Russell Investments Group, Ltd. | 1,490,525 | $180.5M | 0.35% | −106,206−6.7% | Reduced |
| Alberta Investment Management Corp | 1,496,429 | $181.4M | 1.74% | +164,237+12.3% | Added |
| Royal London Asset Management Ltd | 1,548,240 | $187.4M | 0.61% | +45,044+3.0% | Added |
| Canada Pension Plan Investment Board | 1,580,680 | $191.6M | 0.29% | −1,429,200−47.5% | Reduced |
| Franklin Resources Inc | 1,594,541 | $193.1M | 0.09% | −8,973−0.6% | Reduced |
| Principal Financial Group Inc | 1,652,659 | $200.4M | 0.14% | +22,416+1.4% | Added |
| Price T Rowe Associates Inc | 1,785,768 | $216.2M | 0.03% | +619,828+53.2% | Added |
| Goldman Sachs Group Inc | 1,818,668 | $220.2M | 0.06% | −424,816−18.9% | Reduced |
| Morgan Stanley | 1,878,847 | $227.5M | 0.02% | −167,789−8.2% | Reduced |
| TD Waterhouse Canada Inc. | 1,473,435 | $236.0M | 2.35% | +20,329+1.4% | Added |
| Montrusco Bolton Investments Inc. | 1,963,411 | $238.0M | 3.69% | +974,096+98.5% | Added |
| Geode Capital Management, LLC | 2,004,527 | $243.2M | 0.03% | +88,568+4.6% | Added |
| Swiss National Bank | 2,138,200 | $259.2M | 0.18% | −169,500−7.3% | Reduced |
| Scotia Capital Inc. | 2,390,650 | $289.2M | 1.98% | +105,822+4.6% | Added |
| Causeway Capital Management LLC | 2,887,742 | $350.1M | 9.21% | −1,845,152−39.0% | Reduced |
| Harding Loevner LP | 3,027,583 | $366.5M | 2.14% | −68,974−2.2% | Reduced |
| Toronto Dominion Bank | 3,475,584 | $424.6M | 0.63% | −56,400−1.6% | Reduced |
| Arrowstreet Capital, Limited Partnership | 3,588,688 | $434.5M | 0.53% | +1,938,333+117.4% | Added |
| Capital International Investors | 3,910,698 | $473.6M | 0.11% | +1,525,722+64.0% | Added |
| JPMorgan Chase & Co | 4,047,993 | $490.1M | 0.06% | −111,134−2.7% | Reduced |
| Legal & General Group Plc | 4,380,181 | $531.0M | 0.17% | +23,883+0.5% | Added |
| Beutel, Goodman & Co Ltd. | 4,475,709 | $542.6M | 3.04% | +29,440+0.7% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 4,747,792 | $574.8M | 2.87% | +182,093+4.0% | Added |
| FMR LLC | 4,812,730 | $582.8M | 0.05% | −426,288−8.1% | Reduced |
| Fiera Capital Corp | 4,985,896 | $604.6M | 1.75% | +34,825+0.7% | Added |
| CIBC World Markets Inc. | 5,095,870 | $617.6M | 2.12% | +95,552+1.9% | Added |
| Deutsche Bank AG | 5,197,148 | $629.2M | 0.33% | −65,741−1.2% | Reduced |
| Bank of Nova Scotia | 5,503,740 | $666.5M | 1.75% | −25,556−0.5% | Reduced |
| CIBC Asset Management Inc | 5,521,944 | $669.2M | 2.62% | −97,630−1.7% | Reduced |
| Norges Bank | 5,980,436 | $724.1M | 0.14% | −45,967−0.8% | Reduced |
| National Bank of Canada | 6,058,466 | $733.1M | 1.48% | +229,938+3.9% | Added |
| Egerton Capital (UK) LLP | 7,695,443 | $931.7M | 9.61% | −1,014,587−11.6% | Reduced |
| Manufacturers Life Insurance Company, The | 8,122,176 | $983.2M | 0.55% | −56,594−0.7% | Reduced |
| 1832 Asset Management L.P. | 8,438,668 | $1.02B | 1.99% | −75,323−0.9% | Reduced |
| Jarislowsky, Fraser Ltd | 9,248,550 | $1.12B | 6.67% | −307,961−3.2% | Reduced |
| Mackenzie Financial Corp | 10,696,250 | $1.30B | 1.98% | −665,378−5.9% | Reduced |
| TD Asset Management Inc | 11,554,048 | $1.40B | 1.60% | −259,950−2.2% | Reduced |
| FIL Ltd | 11,996,257 | $1.45B | 1.63% | +2,237,592+22.9% | Added |
| Caisse de Depot Et Placement du Quebec | 12,441,800 | $1.51B | 4.01% | +108,100+0.9% | Added |
| Bank of New York Mellon Corp | 13,819,790 | $1.67B | 0.35% | +106,492+0.8% | Added |
| Bank of Montreal | 15,066,716 | $1.83B | 1.12% | +373,619+2.5% | Added |
| Massachusetts Financial Services Co | 17,569,702 | $2.13B | 0.70% | −3,102,797−15.0% | Reduced |
| Wellington Management Group LLP | 20,379,364 | $2.47B | 0.47% | +4,3020.0% | Added |
| Vanguard Group Inc | 22,061,524 | $2.67B | 0.06% | +379,813+1.8% | Added |
| Royal Bank of Canada | 30,340,152 | $3.67B | 1.03% | +931,971+3.2% | Added |
| TCI Fund Management LtdSuperinvestorTCI Fund Management | 40,888,953 | $4.95B | 14.71% | +4,189,128+11.4% | Added |
| Gates Foundation TrustSuperinvestorGates Foundation Trust | 54,826,786 | $6.64B | 15.78% | 00.0% | Unchanged |
| Encompass Capital Advisors LLC | 0 | $0 | 0.00% | −415,890−100.0% | Sold out |
| Triasima Portfolio Management inc. | 0 | $0 | 0.00% | −330,925−100.0% | Sold out |
| Holocene Advisors, LP | 0 | $0 | 0.00% | −303,973−100.0% | Sold out |
| First Republic Investment Management, Inc. | 0 | $0 | 0.00% | −237,405−100.0% | Sold out |
| J. Goldman & Co LP | 0 | $0 | 0.00% | −225,941−100.0% | Sold out |
| Westpac Banking Corp | 0 | $0 | 0.00% | −153,175−100.0% | Sold out |
| Greenland Capital Management LP | 0 | $0 | 0.00% | −92,568−100.0% | Sold out |
| Teilinger Capital Ltd. | 0 | $0 | 0.00% | −86,400−100.0% | Sold out |