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 |
|---|---|---|---|---|---|
| First Trust Advisors LP | 612,338 | $66.3M | 0.08% | +8,864+1.5% | Added |
| Manning & Napier Group, LLC | 623,471 | $67.5M | 0.84% | −6,189−1.0% | Reduced |
| Cidel Asset Management Inc | 649,695 | $70.7M | 3.53% | −17,536−2.6% | Reduced |
| State of Tennessee, Treasury Department | 664,461 | $72.2M | 0.29% | 00.0% | Unchanged |
| BlackRock Inc. | 668,366 | $72.4M | 0.00% | +66,001+11.0% | Added |
| Coronation Fund Managers Ltd. | 706,327 | $76.5M | 2.30% | +127,867+22.1% | Added |
| William Blair Investment Management, LLC | 724,247 | $78.4M | 0.26% | −270,054−27.2% | Reduced |
| Envestnet Asset Management Inc | 759,251 | $82.2M | 0.04% | +224,254+41.9% | Added |
| Brown Advisory Inc | 760,298 | $82.4M | 0.14% | −5,401−0.7% | Reduced |
| Rivulet Capital, LLC | 775,000 | $84.0M | 5.26% | +775,000 | New |
| Consulta Ltd | 800,000 | $86.7M | 6.23% | +92,750+13.1% | Added |
| Earnest Partners LLC | 828,852 | $90.0M | 0.52% | +813,487+5,294.4% | Added |
| Agf Management Ltd | 856,136 | $92.7M | 0.66% | −17,518−2.0% | Reduced |
| Alliancebernstein L.P. | 912,052 | $98.8M | 0.04% | −13,251−1.4% | Reduced |
| British Columbia Investment Management Corp | 925,340 | $100.2M | 0.95% | −56,915−5.8% | Reduced |
| Dimensional Fund Advisors LP | 960,691 | $104.1M | 0.03% | +39,426+4.3% | Added |
| Douglass Winthrop Advisors, LLC | 964,993 | $104.5M | 2.59% | +45,141+4.9% | Added |
| Stifel Financial Corp | 991,298 | $107.4M | 0.15% | +59,167+6.3% | Added |
| Amundi | 1,095,184 | $118.0M | 0.06% | −91,567−7.7% | Reduced |
| Quadrature Capital Ltd | 1,229,900 | $134.1M | 2.75% | +611,400+98.9% | Added |
| Federation des caisses Desjardins du Quebec | 1,227,270 | $141.0M | 1.45% | +49,001+4.2% | Added |
| Credit Suisse AG | 1,308,440 | $141.7M | 0.15% | −50,647−3.7% | Reduced |
| Sumitomo Mitsui Trust Holdings, Inc. | 1,337,554 | $145.2M | 0.12% | +137,725+11.5% | Added |
| APG Asset Management N.V. | 1,003,567 | $147.6M | 0.30% | −142,145−12.4% | Reduced |
| Bank of America Corp | 1,373,406 | $148.8M | 0.02% | +168,950+14.0% | Added |
| Franklin Resources Inc | 1,443,178 | $156.3M | 0.08% | −151,363−9.5% | Reduced |
| Principal Financial Group Inc | 1,449,759 | $157.7M | 0.11% | −202,900−12.3% | Reduced |
| Russell Investments Group, Ltd. | 1,450,427 | $157.8M | 0.31% | −40,098−2.7% | Reduced |
| Loring Wolcott & Coolidge Fiduciary Advisors LLP | 1,474,504 | $160.6M | 1.80% | −7,184−0.5% | Reduced |
| Alberta Investment Management Corp | 1,485,125 | $161.6M | 1.73% | −11,304−0.8% | Reduced |
| Goldman Sachs Group Inc | 1,556,336 | $168.6M | 0.04% | −262,332−14.4% | Reduced |
| Royal London Asset Management Ltd | 1,585,645 | $171.8M | 0.56% | +37,405+2.4% | Added |
| Canada Pension Plan Investment Board | 1,677,040 | $182.5M | 0.27% | +96,360+6.1% | Added |
| Swiss National Bank | 1,886,100 | $206.0M | 0.16% | −252,100−11.8% | Reduced |
| Montrusco Bolton Investments Inc. | 1,980,291 | $215.4M | 3.14% | +16,880+0.9% | Added |
| TD Waterhouse Canada Inc. | 1,532,078 | $222.0M | 2.31% | +58,643+4.0% | Added |
| Geode Capital Management, LLC | 2,065,770 | $224.6M | 0.03% | +61,243+3.1% | Added |
| Scotia Capital Inc. | 2,414,638 | $261.3M | 1.89% | +23,988+1.0% | Added |
| Artisan Partners Limited Partnership | 2,523,300 | $273.2M | 0.46% | +2,523,300 | New |
| Morgan Stanley | 2,879,091 | $311.9M | 0.03% | +1,000,244+53.2% | Added |
| Harding Loevner LP | 2,960,279 | $320.7M | 2.12% | −67,304−2.2% | Reduced |
| Arrowstreet Capital, Limited Partnership | 2,981,295 | $323.0M | 0.39% | −607,393−16.9% | Reduced |
| Price T Rowe Associates Inc | 3,156,062 | $341.9M | 0.05% | +1,370,294+76.7% | Added |
| Toronto Dominion Bank | 3,550,317 | $384.6M | 0.64% | +74,733+2.2% | Added |
| JPMorgan Chase & Co | 3,842,180 | $416.2M | 0.05% | −205,813−5.1% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 4,123,008 | $446.5M | 2.33% | −624,784−13.2% | Reduced |
| FMR LLC | 4,164,457 | $451.0M | 0.04% | −648,273−13.5% | Reduced |
| Legal & General Group Plc | 4,477,999 | $487.1M | 0.17% | +97,818+2.2% | Added |
| Capital International Investors | 4,672,055 | $506.1M | 0.13% | +761,357+19.5% | Added |
| Beutel, Goodman & Co Ltd. | 4,777,861 | $519.8M | 3.07% | +302,152+6.8% | Added |
| CIBC World Markets Inc. | 4,971,032 | $538.5M | 1.93% | −124,838−2.4% | Reduced |
| Fiera Capital Corp | 4,984,608 | $541.3M | 1.73% | −1,2880.0% | Reduced |
| Egerton Capital (UK) LLP | 5,169,679 | $560.0M | 6.50% | −2,525,764−32.8% | Reduced |
| CIBC Asset Management Inc | 5,264,450 | $571.9M | 2.37% | −257,494−4.7% | Reduced |
| Bank of Nova Scotia | 5,452,702 | $590.5M | 1.56% | −51,038−0.9% | Reduced |
| Deutsche Bank AG | 5,575,661 | $604.0M | 0.39% | +378,513+7.3% | Added |
| National Bank of Canada | 6,073,480 | $645.8M | 1.18% | +15,014+0.2% | Added |
| Norges Bank | 6,252,032 | $677.0M | 0.14% | +271,596+4.5% | Added |
| Manufacturers Life Insurance Company, The | 6,374,379 | $695.2M | 0.40% | −1,747,797−21.5% | Reduced |
| 1832 Asset Management L.P. | 8,723,727 | $945.0M | 1.96% | +285,059+3.4% | Added |
| Jarislowsky, Fraser Ltd | 9,095,233 | $989.5M | 6.44% | −153,317−1.7% | Reduced |
| Mackenzie Financial Corp | 10,260,136 | $1.09B | 1.83% | −436,114−4.1% | Reduced |
| TD Asset Management Inc | 11,337,319 | $1.23B | 1.49% | −216,729−1.9% | Reduced |
| Caisse de Depot Et Placement du Quebec | 13,067,300 | $1.42B | 4.10% | +625,500+5.0% | Added |
| Bank of New York Mellon Corp | 13,706,735 | $1.48B | 0.33% | −113,055−0.8% | Reduced |
| Bank of Montreal | 15,554,086 | $1.80B | 1.07% | +487,370+3.2% | Added |
| Massachusetts Financial Services Co | 16,836,595 | $1.82B | 0.64% | −733,107−4.2% | Reduced |
| FIL Ltd | 17,909,083 | $1.94B | 2.28% | +5,912,826+49.3% | Added |
| Wellington Management Group LLP | 19,960,802 | $2.17B | 0.43% | −418,562−2.1% | Reduced |
| Vanguard Group Inc | 22,007,426 | $2.38B | 0.06% | −54,098−0.2% | Reduced |
| Royal Bank of Canada | 29,087,041 | $3.15B | 0.92% | −1,253,111−4.1% | Reduced |
| TCI Fund Management LtdSuperinvestorTCI Fund Management | 40,888,953 | $4.43B | 16.06% | 00.0% | Unchanged |
| Gates Foundation TrustSuperinvestorGates Foundation Trust | 54,826,786 | $5.94B | 15.26% | 00.0% | Unchanged |
| Timber Creek Capital Management LLC | 0 | $0 | 0.00% | −600−100.0% | Sold out |
| TD Ameritrade Investment Management, LLC | 0 | $0 | 0.00% | −12−100.0% | Sold out |
| Causeway Capital Management LLC | 0 | $0 | 0.00% | −2,887,742−100.0% | Sold out |
| Clark Capital Management Group, Inc. | 0 | $0 | 0.00% | −326,158−100.0% | Sold out |
| Covea Finance | 0 | $0 | 0.00% | −248,925−100.0% | Sold out |
| Perpetual Ltd | 0 | $0 | 0.00% | −239,931−100.0% | Sold out |
| Employees Provident Fund Board | 0 | $0 | 0.00% | −180,581−100.0% | Sold out |
| Skye Global Management LP | 0 | $0 | 0.00% | −160,000−100.0% | Sold out |
| Trexquant Investment LP | 0 | $0 | 0.00% | −28,410−100.0% | Sold out |
| ML & R Wealth Management LLC | 0 | $0 | 0.00% | −24,000−100.0% | Sold out |
| BW Gestao de Investimentos Ltda. | 0 | $0 | 0.00% | −21,000−100.0% | Sold out |
| Forge First Asset Management Inc. | 0 | $0 | 0.00% | −19,500−100.0% | Sold out |
| Zurich Insurance Group Ltd | 0 | $0 | 0.00% | −15,600−100.0% | Sold out |
| Quaero Capital S.A. | 0 | $0 | 0.00% | −14,700−100.0% | Sold out |
| PCJ Investment Counsel Ltd. | 0 | $0 | 0.00% | −11,856−100.0% | Sold out |
| MQS Management LLC | 0 | $0 | 0.00% | −9,109−100.0% | Sold out |
| Roundview Capital LLC | 0 | $0 | 0.00% | −7,721−100.0% | Sold out |
| K.J. Harrison & Partners Inc | 0 | $0 | 0.00% | −7,574−100.0% | Sold out |
| Edge Capital Group, LLC | 0 | $0 | 0.00% | −7,232−100.0% | Sold out |
| Cipher Capital LP | 0 | $0 | 0.00% | −6,690−100.0% | Sold out |
| Balyasny Asset Management LLC | 0 | $0 | 0.00% | −5,115−100.0% | Sold out |
| Veritable, L.P. | 0 | $0 | 0.00% | −4,399−100.0% | Sold out |
| Centiva Capital, LP | 0 | $0 | 0.00% | −4,012−100.0% | Sold out |
| Walter Public Investments Inc. | 0 | $0 | 0.00% | −3,500−100.0% | Sold out |
| Magnetar Financial LLC | 0 | $0 | 0.00% | −2,985−100.0% | Sold out |
| Quantitative Investment Management, LLC | 0 | $0 | 0.00% | −2,984−100.0% | Sold out |
| Diametric Capital, LP | 0 | $0 | 0.00% | −2,731−100.0% | Sold out |