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, Q3 2023
Institutional positions in Canadian National Railway Co as of Sep 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
- 773
- −12 vs. Q2 2023
- Shares held
- 453.9M
- +294.4K (+0.1%) vs. Q2 2023
- Total value
- $49.4B
- −$5.57B (−10.1%) vs. Q2 2023
- New holders
- 62
- 245 more added
- Sold out
- 74
- 287 more reduced
7 institutions that held it in Q2 2023 haven't filed for Q3 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 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, Q3 2023
Shares, value and share of portfolio for each institution holding Canadian National Railway Co; share changes are against Q2 2023.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Gates Foundation TrustSuperinvestorGates Foundation Trust | 54,826,786 | $5.94B | 15.26% | 00.0% | Unchanged |
| TCI Fund Management LtdSuperinvestorTCI Fund Management | 40,888,953 | $4.43B | 16.06% | 00.0% | Unchanged |
| Royal Bank of Canada | 29,087,041 | $3.15B | 0.92% | −1,253,111−4.1% | Reduced |
| Vanguard Group Inc | 22,007,426 | $2.38B | 0.06% | −54,098−0.2% | Reduced |
| Wellington Management Group LLP | 19,960,802 | $2.17B | 0.43% | −418,562−2.1% | Reduced |
| FIL Ltd | 17,909,083 | $1.94B | 2.28% | +5,912,826+49.3% | Added |
| Massachusetts Financial Services Co | 16,836,595 | $1.82B | 0.64% | −733,107−4.2% | Reduced |
| Bank of Montreal | 15,554,086 | $1.80B | 1.07% | +487,370+3.2% | Added |
| Bank of New York Mellon Corp | 13,706,735 | $1.48B | 0.33% | −113,055−0.8% | Reduced |
| Caisse de Depot Et Placement du Quebec | 13,067,300 | $1.42B | 4.10% | +625,500+5.0% | Added |
| TD Asset Management Inc | 11,337,319 | $1.23B | 1.49% | −216,729−1.9% | Reduced |
| Mackenzie Financial Corp | 10,260,136 | $1.09B | 1.83% | −436,114−4.1% | Reduced |
| Jarislowsky, Fraser Ltd | 9,095,233 | $989.5M | 6.44% | −153,317−1.7% | Reduced |
| 1832 Asset Management L.P. | 8,723,727 | $945.0M | 1.96% | +285,059+3.4% | Added |
| Manufacturers Life Insurance Company, The | 6,374,379 | $695.2M | 0.40% | −1,747,797−21.5% | Reduced |
| Norges Bank | 6,252,032 | $677.0M | 0.14% | +271,596+4.5% | Added |
| National Bank of Canada | 6,073,480 | $645.8M | 1.18% | +15,014+0.2% | Added |
| Deutsche Bank AG | 5,575,661 | $604.0M | 0.39% | +378,513+7.3% | Added |
| Bank of Nova Scotia | 5,452,702 | $590.5M | 1.56% | −51,038−0.9% | Reduced |
| CIBC Asset Management Inc | 5,264,450 | $571.9M | 2.37% | −257,494−4.7% | Reduced |
| Egerton Capital (UK) LLP | 5,169,679 | $560.0M | 6.50% | −2,525,764−32.8% | Reduced |
| Fiera Capital Corp | 4,984,608 | $541.3M | 1.73% | −1,2880.0% | Reduced |
| CIBC World Markets Inc. | 4,971,032 | $538.5M | 1.93% | −124,838−2.4% | Reduced |
| Beutel, Goodman & Co Ltd. | 4,777,861 | $519.8M | 3.07% | +302,152+6.8% | Added |
| Capital International Investors | 4,672,055 | $506.1M | 0.13% | +761,357+19.5% | Added |
| Legal & General Group Plc | 4,477,999 | $487.1M | 0.17% | +97,818+2.2% | Added |
| FMR LLC | 4,164,457 | $451.0M | 0.04% | −648,273−13.5% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 4,123,008 | $446.5M | 2.33% | −624,784−13.2% | Reduced |
| JPMorgan Chase & Co | 3,842,180 | $416.2M | 0.05% | −205,813−5.1% | Reduced |
| Toronto Dominion Bank | 3,550,317 | $384.6M | 0.64% | +74,733+2.2% | Added |
| Price T Rowe Associates Inc | 3,156,062 | $341.9M | 0.05% | +1,370,294+76.7% | Added |
| Arrowstreet Capital, Limited Partnership | 2,981,295 | $323.0M | 0.39% | −607,393−16.9% | Reduced |
| Harding Loevner LP | 2,960,279 | $320.7M | 2.12% | −67,304−2.2% | Reduced |
| Morgan Stanley | 2,879,091 | $311.9M | 0.03% | +1,000,244+53.2% | Added |
| Artisan Partners Limited Partnership | 2,523,300 | $273.2M | 0.46% | +2,523,300 | New |
| Scotia Capital Inc. | 2,414,638 | $261.3M | 1.89% | +23,988+1.0% | Added |
| Geode Capital Management, LLC | 2,065,770 | $224.6M | 0.03% | +61,243+3.1% | Added |
| TD Waterhouse Canada Inc. | 1,532,078 | $222.0M | 2.31% | +58,643+4.0% | Added |
| Montrusco Bolton Investments Inc. | 1,980,291 | $215.4M | 3.14% | +16,880+0.9% | Added |
| Swiss National Bank | 1,886,100 | $206.0M | 0.16% | −252,100−11.8% | Reduced |
| Canada Pension Plan Investment Board | 1,677,040 | $182.5M | 0.27% | +96,360+6.1% | Added |
| Royal London Asset Management Ltd | 1,585,645 | $171.8M | 0.56% | +37,405+2.4% | Added |
| Goldman Sachs Group Inc | 1,556,336 | $168.6M | 0.04% | −262,332−14.4% | Reduced |
| Alberta Investment Management Corp | 1,485,125 | $161.6M | 1.73% | −11,304−0.8% | Reduced |
| Loring Wolcott & Coolidge Fiduciary Advisors LLP | 1,474,504 | $160.6M | 1.80% | −7,184−0.5% | Reduced |
| Russell Investments Group, Ltd. | 1,450,427 | $157.8M | 0.31% | −40,098−2.7% | Reduced |
| Principal Financial Group Inc | 1,449,759 | $157.7M | 0.11% | −202,900−12.3% | Reduced |
| Franklin Resources Inc | 1,443,178 | $156.3M | 0.08% | −151,363−9.5% | Reduced |
| Bank of America Corp | 1,373,406 | $148.8M | 0.02% | +168,950+14.0% | Added |
| APG Asset Management N.V. | 1,003,567 | $147.6M | 0.30% | −142,145−12.4% | Reduced |
| Sumitomo Mitsui Trust Holdings, Inc. | 1,337,554 | $145.2M | 0.12% | +137,725+11.5% | Added |
| Credit Suisse AG | 1,308,440 | $141.7M | 0.15% | −50,647−3.7% | Reduced |
| Federation des caisses Desjardins du Quebec | 1,227,270 | $141.0M | 1.45% | +49,001+4.2% | Added |
| Quadrature Capital Ltd | 1,229,900 | $134.1M | 2.75% | +611,400+98.9% | Added |
| Amundi | 1,095,184 | $118.0M | 0.06% | −91,567−7.7% | Reduced |
| Stifel Financial Corp | 991,298 | $107.4M | 0.15% | +59,167+6.3% | Added |
| Douglass Winthrop Advisors, LLC | 964,993 | $104.5M | 2.59% | +45,141+4.9% | Added |
| Dimensional Fund Advisors LP | 960,691 | $104.1M | 0.03% | +39,426+4.3% | Added |
| British Columbia Investment Management Corp | 925,340 | $100.2M | 0.95% | −56,915−5.8% | Reduced |
| Alliancebernstein L.P. | 912,052 | $98.8M | 0.04% | −13,251−1.4% | Reduced |
| Agf Management Ltd | 856,136 | $92.7M | 0.66% | −17,518−2.0% | Reduced |
| Earnest Partners LLC | 828,852 | $90.0M | 0.52% | +813,487+5,294.4% | Added |
| Consulta Ltd | 800,000 | $86.7M | 6.23% | +92,750+13.1% | Added |
| Rivulet Capital, LLC | 775,000 | $84.0M | 5.26% | +775,000 | New |
| Brown Advisory Inc | 760,298 | $82.4M | 0.14% | −5,401−0.7% | Reduced |
| Envestnet Asset Management Inc | 759,251 | $82.2M | 0.04% | +224,254+41.9% | Added |
| William Blair Investment Management, LLC | 724,247 | $78.4M | 0.26% | −270,054−27.2% | Reduced |
| Coronation Fund Managers Ltd. | 706,327 | $76.5M | 2.30% | +127,867+22.1% | Added |
| BlackRock Inc. | 668,366 | $72.4M | 0.00% | +66,001+11.0% | Added |
| State of Tennessee, Treasury Department | 664,461 | $72.2M | 0.29% | 00.0% | Unchanged |
| Cidel Asset Management Inc | 649,695 | $70.7M | 3.53% | −17,536−2.6% | Reduced |
| Manning & Napier Group, LLC | 623,471 | $67.5M | 0.84% | −6,189−1.0% | Reduced |
| First Trust Advisors LP | 612,338 | $66.3M | 0.08% | +8,864+1.5% | Added |
| Addenda Capital Inc. | 446,728 | $65.7M | 2.86% | −2,899−0.6% | Reduced |
| Findlay Park Partners LLP | 581,339 | $63.0M | 0.68% | −5,479−0.9% | Reduced |
| Two Sigma Investments, LP | 580,685 | $62.9M | 0.18% | +4,409+0.8% | Added |
| Invesco Ltd. | 499,213 | $54.1M | 0.01% | −50,015−9.1% | Reduced |
| Burgundy Asset Management Ltd. | 496,872 | $54.1M | 0.66% | −7,821−1.5% | Reduced |
| Bradley Foster & Sargent Inc | 443,109 | $53.6M | 1.13% | 00.0% | Unchanged |
| Dixon Mitchell Investment Counsel Inc. | 486,509 | $52.9M | 3.20% | −1,178−0.2% | Reduced |
| Ameriprise Financial Inc | 501,875 | $52.1M | 0.02% | −160.0% | Reduced |
| Cardinal Capital Management, Inc. | 449,464 | $48.8M | 2.54% | +5,241+1.2% | Added |
| Scheer, Rowlett & Associates Investment Management Ltd. | 446,076 | $48.3M | 4.07% | −7,216−1.6% | Reduced |
| Voloridge Investment Management, LLC | 436,411 | $47.3M | 0.23% | +149,431+52.1% | Added |
| DekaBank Deutsche Girozentrale | 426,095 | $46.5M | 0.11% | −16,286−3.7% | Reduced |
| Saturna Capital CORP | 408,000 | $44.2M | 0.78% | 00.0% | Unchanged |
| Aviva PLC | 404,111 | $43.9M | 0.18% | −5,211−1.3% | Reduced |
| Northern Trust Corp | 404,940 | $43.9M | 0.01% | −50,425−11.1% | Reduced |
| Reynders McVeigh Capital Management, LLC | 379,603 | $41.1M | 2.83% | −2,493−0.7% | Reduced |
| Lincluden Management Ltd | 356,326 | $38.6M | 4.67% | +60,001+20.2% | Added |
| SEI Investments Co | 356,051 | $38.6M | 0.07% | −27,668−7.2% | Reduced |
| Partners Group Holding AG | 353,317 | $38.3M | 3.58% | −2,326−0.7% | Reduced |
| QV Investors Inc. | 351,379 | $38.2M | 3.97% | +59,042+20.2% | Added |
| Echo Street Capital Management LLC | 347,765 | $37.7M | 0.35% | +321,192+1,208.7% | Added |
| Intact Investment Management Inc. | 338,894 | $36.7M | 1.59% | −45,170−11.8% | Reduced |
| D. E. Shaw & Co., Inc. | 331,356 | $35.9M | 0.06% | −190,258−36.5% | Reduced |
| Northwest & Ethical Investments L.P. | 309,025 | $33.5M | 1.12% | +28,227+10.1% | Added |
| CIBC Private Wealth Group, LLC | 303,244 | $32.9M | 0.08% | +3,244+1.1% | Added |
| UniSuper Management Pty Ltd | 219,198 | $32.2M | 0.40% | 00.0% | Unchanged |
| Hemenway Trust Co LLC | 293,889 | $31.8M | 3.34% | −354−0.1% | Reduced |