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, Q4 2023
Institutional positions in Canadian National Railway Co as of Dec 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
- 825
- +68 vs. Q3 2023
- Shares held
- 454.2M
- +822.3K (+0.2%) vs. Q3 2023
- Total value
- $57.2B
- +$7.84B (+15.9%) vs. Q3 2023
- New holders
- 114
- 272 more added
- Sold out
- 46
- 268 more reduced
16 institutions that held it in Q3 2023 haven't filed for Q4 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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, Q4 2023
Shares, value and share of portfolio for each institution holding Canadian National Railway Co; share changes are against Q3 2023.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Cumberland Partners Ltd | 241,700 | $26.5M | 2.43% | +5,775+2.4% | Added |
| Schonfeld Strategic Advisors LLC | 218,424 | $27.4M | 0.23% | +213,424+4,268.5% | Added |
| Korea Investment CORP | 218,540 | $27.6M | 0.07% | −743−0.3% | Reduced |
| Great Lakes Advisors, LLC | 222,310 | $27.9M | 0.27% | −9,390−4.1% | Reduced |
| Guardian Capital Advisors LP | 221,339 | $28.1M | 2.93% | −4,460−2.0% | Reduced |
| British Columbia Investment Management Corp | 231,628 | $29.1M | 0.24% | −693,712−75.0% | Reduced |
| Louisbourg Investments Inc. | 230,554 | $29.1M | 8.79% | +230,554 | New |
| Credential Qtrade Securities Inc. | 232,940 | $29.3M | 1.75% | −3,448−1.5% | Reduced |
| Raymond James & Associates | 233,453 | $29.3M | 0.02% | +27,248+13.2% | Added |
| Baskin Financial Services Inc. | 234,683 | $29.5M | 2.66% | +363+0.2% | Added |
| HSBC Holdings PLC | 236,412 | $29.7M | 0.03% | +9,025+4.0% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 240,265 | $30.3M | 0.12% | −8,629−3.5% | Reduced |
| Voloridge Investment Management, LLC | 241,954 | $30.4M | 0.12% | −194,457−44.6% | Reduced |
| Ycg, LLC | 250,085 | $31.4M | 2.60% | +14,249+6.0% | Added |
| Intact Investment Management Inc. | 255,724 | $32.1M | 1.30% | −83,170−24.5% | Reduced |
| Value Partners Investments Inc. | 256,331 | $32.3M | 2.58% | +1,689+0.7% | Added |
| Pictet Asset Management Holding SA | 260,705 | $32.9M | 0.04% | +3,342+1.3% | Added |
| GW&K Investment Management, LLC | 267,406 | $33.6M | 0.31% | +38,461+16.8% | Added |
| Bank of Nova Scotia Trust Co | 270,734 | $34.0M | 3.82% | −15,155−5.3% | Reduced |
| Mn Services Vermogensbeheer B.V. | 270,960 | $34.2M | 0.31% | −5,700−2.1% | Reduced |
| Great West Life Assurance Co | 275,037 | $34.5M | 0.08% | +7,214+2.7% | Added |
| Lincluden Management Ltd | 285,458 | $35.9M | 4.35% | −70,868−19.9% | Reduced |
| Healthcare of Ontario Pension Plan Trust Fund | 290,000 | $36.5M | 0.13% | 00.0% | Unchanged |
| UniSuper Management Pty Ltd | 219,198 | $36.5M | 0.40% | 00.0% | Unchanged |
| Partners Group Holding AG | 296,501 | $36.7M | 3.12% | −56,816−16.1% | Reduced |
| Hemenway Trust Co LLC | 293,484 | $36.9M | 3.52% | −405−0.1% | Reduced |
| Guardian Capital LP | 303,825 | $38.4M | 1.38% | +26,983+9.7% | Added |
| Northwest & Ethical Investments L.P. | 306,838 | $38.6M | 1.19% | −2,187−0.7% | Reduced |
| CIBC Private Wealth Group, LLC | 314,338 | $39.5M | 0.08% | +11,094+3.7% | Added |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 316,233 | $39.9M | 0.05% | +74,517+30.8% | Added |
| Neuberger Berman Group LLC | 333,175 | $42.0M | 0.04% | +43,510+15.0% | Added |
| QV Investors Inc. | 351,085 | $44.3M | 4.00% | −294−0.1% | Reduced |
| UBS Group AG | 358,116 | $45.0M | 0.02% | +86,424+31.8% | Added |
| Franklin Resources Inc | 362,649 | $45.6M | 0.02% | −1,080,529−74.9% | Reduced |
| Reynders McVeigh Capital Management, LLC | 362,934 | $45.6M | 2.89% | −16,669−4.4% | Reduced |
| SEI Investments Co | 366,740 | $46.1M | 0.07% | +10,689+3.0% | Added |
| State Street Corp | 370,572 | $46.6M | 0.00% | +76,900+26.2% | Added |
| Northern Trust Corp | 387,254 | $48.7M | 0.01% | −17,686−4.4% | Reduced |
| Nekton Capital Ltd. | 396,338 | $49.8M | 11.44% | +138,827+53.9% | Added |
| Saturna Capital CORP | 408,000 | $51.3M | 0.80% | 00.0% | Unchanged |
| Aviva PLC | 419,329 | $52.9M | 0.19% | +15,218+3.8% | Added |
| Scheer, Rowlett & Associates Investment Management Ltd. | 437,217 | $55.0M | 4.15% | −8,859−2.0% | Reduced |
| DekaBank Deutsche Girozentrale | 447,739 | $56.4M | 0.12% | +21,644+5.1% | Added |
| Cardinal Capital Management, Inc. | 451,010 | $56.9M | 2.69% | +1,546+0.3% | Added |
| Invesco Ltd. | 463,139 | $58.2M | 0.01% | −36,074−7.2% | Reduced |
| Dixon Mitchell Investment Counsel Inc. | 470,394 | $59.4M | 3.16% | −16,115−3.3% | Reduced |
| Bradley Foster & Sargent Inc | 474,586 | $59.6M | 1.16% | +31,477+7.1% | Added |
| Capital International Inc | 479,066 | $60.2M | 0.94% | +210,794+78.6% | Added |
| Public Sector Pension Investment Board | 493,692 | $62.4M | 0.47% | +411,531+500.9% | Added |
| Burgundy Asset Management Ltd. | 495,242 | $62.4M | 0.69% | −1,630−0.3% | Reduced |
| Ameriprise Financial Inc | 538,977 | $64.6M | 0.02% | +37,102+7.4% | Added |
| First Trust Advisors LP | 529,709 | $66.5M | 0.07% | −82,629−13.5% | Reduced |
| Addenda Capital Inc. | 447,723 | $74.6M | 2.91% | +995+0.2% | Added |
| State of Tennessee, Treasury Department | 664,461 | $83.8M | 0.33% | 00.0% | Unchanged |
| Manning & Napier Group, LLC | 669,988 | $84.2M | 1.00% | +46,517+7.5% | Added |
| Cidel Asset Management Inc | 669,353 | $84.5M | 3.62% | +19,658+3.0% | Added |
| William Blair Investment Management, LLC | 706,836 | $88.8M | 0.26% | −17,411−2.4% | Reduced |
| Coronation Fund Managers Ltd. | 709,647 | $89.2M | 2.49% | +3,320+0.5% | Added |
| Brown Advisory Inc | 756,120 | $95.0M | 0.13% | −4,178−0.5% | Reduced |
| Consulta Ltd | 800,000 | $100.5M | 6.62% | 00.0% | Unchanged |
| BlackRock Inc. | 803,846 | $101.0M | 0.00% | +135,480+20.3% | Added |
| Envestnet Asset Management Inc | 822,488 | $103.3M | 0.04% | +63,237+8.3% | Added |
| Rivulet Capital, LLC | 825,000 | $103.6M | 5.29% | +50,000+6.5% | Added |
| Earnest Partners LLC | 826,641 | $104.2M | 0.52% | −2,211−0.3% | Reduced |
| Agf Management Ltd | 731,019 | $106.4M | 0.63% | −125,117−14.6% | Reduced |
| Alliancebernstein L.P. | 907,521 | $114.0M | 0.04% | −4,531−0.5% | Reduced |
| APG Asset Management N.V. | 1,037,855 | $118.7M | 0.23% | +34,288+3.4% | Added |
| Amundi | 981,315 | $121.4M | 0.05% | −113,869−10.4% | Reduced |
| Douglass Winthrop Advisors, LLC | 989,682 | $124.3M | 2.78% | +24,689+2.6% | Added |
| Dimensional Fund Advisors LP | 1,003,236 | $126.0M | 0.04% | +42,545+4.4% | Added |
| Stifel Financial Corp | 1,026,000 | $128.9M | 0.16% | +34,702+3.5% | Added |
| Findlay Park Partners LLP | 1,027,583 | $129.1M | 1.27% | +446,244+76.8% | Added |
| Credit Suisse AG | 1,101,400 | $138.4M | 0.13% | −207,040−15.8% | Reduced |
| Clearbridge Investments, LLC | 1,121,368 | $140.9M | 0.12% | +1,121,368 | New |
| Nuveen Asset Management, LLC | 1,115,408 | $141.6M | 0.05% | +992,107+804.6% | Added |
| Federation des caisses Desjardins du Quebec | 1,187,060 | $156.8M | 1.47% | −40,210−3.3% | Reduced |
| Russell Investments Group, Ltd. | 1,279,322 | $161.4M | 0.29% | −171,105−11.8% | Reduced |
| Sumitomo Mitsui Trust Holdings, Inc. | 1,309,293 | $165.1M | 0.12% | −28,261−2.1% | Reduced |
| Principal Financial Group Inc | 1,320,605 | $166.8M | 0.11% | −129,154−8.9% | Reduced |
| Loring Wolcott & Coolidge Fiduciary Advisors LLP | 1,471,816 | $182.6M | 1.81% | −2,688−0.2% | Reduced |
| Alberta Investment Management Corp | 1,548,412 | $195.6M | 1.84% | +63,287+4.3% | Added |
| Royal London Asset Management Ltd | 1,602,728 | $201.4M | 0.58% | +17,083+1.1% | Added |
| Morgan Stanley | 1,693,722 | $212.8M | 0.02% | −1,185,369−41.2% | Reduced |
| Goldman Sachs Group Inc | 1,780,484 | $223.7M | 0.05% | +224,148+14.4% | Added |
| Swiss National Bank | 1,811,900 | $228.2M | 0.17% | −74,200−3.9% | Reduced |
| Montrusco Bolton Investments Inc. | 1,828,979 | $231.0M | 2.87% | −151,312−7.6% | Reduced |
| Bank of America Corp | 1,992,618 | $250.3M | 0.03% | +619,212+45.1% | Added |
| TD Waterhouse Canada Inc. | 1,558,941 | $260.9M | 2.43% | +26,863+1.8% | Added |
| Geode Capital Management, LLC | 2,203,930 | $277.9M | 0.03% | +138,160+6.7% | Added |
| Canada Pension Plan Investment Board | 2,342,040 | $295.8M | 0.37% | +665,000+39.7% | Added |
| Scotia Capital Inc. | 2,445,262 | $306.6M | 1.98% | +30,624+1.3% | Added |
| Artisan Partners Limited Partnership | 2,537,600 | $319.0M | 0.50% | +14,300+0.6% | Added |
| Harding Loevner LP | 2,865,864 | $359.4M | 2.02% | −94,415−3.2% | Reduced |
| Arrowstreet Capital, Limited Partnership | 3,196,158 | $401.6M | 0.42% | +214,863+7.2% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 3,360,176 | $422.4M | 1.97% | −762,832−18.5% | Reduced |
| Toronto Dominion Bank | 3,846,647 | $483.3M | 0.70% | +296,330+8.3% | Added |
| Price T Rowe Associates Inc | 3,860,606 | $485.0M | 0.07% | +704,544+22.3% | Added |
| JPMorgan Chase & Co | 3,928,880 | $493.6M | 0.05% | +86,700+2.3% | Added |
| FMR LLC | 4,177,752 | $525.1M | 0.04% | +13,295+0.3% | Added |
| Bank of Nova Scotia | 4,451,717 | $559.6M | 1.05% | −1,000,985−18.4% | Reduced |