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 |
|---|---|---|---|---|---|
| CIBC World Markets Inc. | 4,694,346 | $589.8M | 1.67% | −276,686−5.6% | Reduced |
| Beutel, Goodman & Co Ltd. | 4,779,390 | $603.7M | 3.20% | +1,5290.0% | Added |
| Legal & General Group Plc | 4,937,539 | $623.6M | 0.19% | +459,540+10.3% | Added |
| Fiera Capital Corp | 4,966,949 | $626.4M | 1.92% | −17,659−0.4% | Reduced |
| Manufacturers Life Insurance Company, The | 5,039,310 | $634.4M | 0.38% | −1,335,069−20.9% | Reduced |
| CIBC Asset Management Inc | 5,135,247 | $647.5M | 2.42% | −129,203−2.5% | Reduced |
| Egerton Capital (UK) LLP | 5,308,268 | $666.9M | 7.22% | +138,589+2.7% | Added |
| Deutsche Bank AG | 5,605,937 | $704.3M | 0.36% | +30,276+0.5% | Added |
| Norges Bank | 6,122,354 | $769.6M | 0.13% | −129,678−2.1% | Reduced |
| National Bank of Canada | 6,385,441 | $800.8M | 1.46% | +311,961+5.1% | Added |
| Capital International Investors | 7,623,561 | $957.8M | 0.21% | +2,951,506+63.2% | Added |
| 1832 Asset Management L.P. | 8,785,479 | $1.10B | 2.08% | +61,752+0.7% | Added |
| Jarislowsky, Fraser Ltd | 8,819,461 | $1.11B | 6.55% | −275,772−3.0% | Reduced |
| Mackenzie Financial Corp | 9,941,295 | $1.25B | 1.89% | −318,841−3.1% | Reduced |
| TD Asset Management Inc | 11,651,919 | $1.47B | 1.45% | +314,600+2.8% | Added |
| Caisse de Depot Et Placement du Quebec | 12,758,300 | $1.61B | 4.10% | −309,000−2.4% | Reduced |
| Bank of New York Mellon Corp | 13,659,627 | $1.72B | 0.35% | −47,108−0.3% | Reduced |
| Bank of Montreal | 15,490,002 | $1.95B | 1.05% | −64,084−0.4% | Reduced |
| Massachusetts Financial Services Co | 16,644,360 | $2.09B | 0.68% | −192,235−1.1% | Reduced |
| FIL Ltd | 19,189,809 | $2.41B | 2.53% | +1,280,726+7.2% | Added |
| Wellington Management Group LLP | 21,868,740 | $2.76B | 0.51% | +1,907,938+9.6% | Added |
| Vanguard Group Inc | 22,395,401 | $2.81B | 0.06% | +387,975+1.8% | Added |
| Royal Bank of Canada | 27,091,147 | $3.40B | 0.84% | −1,995,894−6.9% | Reduced |
| TCI Fund Management LtdSuperinvestorTCI Fund Management | 40,072,313 | $5.04B | 14.01% | −816,640−2.0% | Reduced |
| Gates Foundation TrustSuperinvestorGates Foundation Trust | 54,826,786 | $6.89B | 16.29% | 00.0% | Unchanged |
| Two Sigma Investments, LP | 0 | $0 | 0.00% | −580,685−100.0% | Sold out |
| Echo Street Capital Management LLC | 0 | $0 | 0.00% | −347,765−100.0% | Sold out |
| Renaissance Technologies LLC | 0 | $0 | 0.00% | −261,300−100.0% | Sold out |
| Cambiar Investors LLC | 0 | $0 | 0.00% | −171,910−100.0% | Sold out |
| Caden Capital Partners, LP | 0 | $0 | 0.00% | −149,241−100.0% | Sold out |
| Ilmarinen Mutual Pension Insurance Co | 0 | $0 | 0.00% | −135,000−100.0% | Sold out |
| Carlson Capital L P | 0 | $0 | 0.00% | −91,886−100.0% | Sold out |
| Element Capital Management LLC | 0 | $0 | 0.00% | −73,319−100.0% | Sold out |
| Point72 Europe (London) LLP | 0 | $0 | 0.00% | −72,250−100.0% | Sold out |
| Greenland Capital Management LP | 0 | $0 | 0.00% | −57,987−100.0% | Sold out |
| Duff & Phelps Investment Management Co | 0 | $0 | 0.00% | −49,770−100.0% | Sold out |
| Susquehanna Fundamental Investments, LLC | 0 | $0 | 0.00% | −44,100−100.0% | Sold out |
| Cubist Systematic Strategies, LLC | 0 | $0 | 0.00% | −32,827−100.0% | Sold out |
| Qube Research & Technologies Ltd | 0 | $0 | 0.00% | −26,547−100.0% | Sold out |
| Quantbot Technologies LP | 0 | $0 | 0.00% | −20,702−100.0% | Sold out |
| Seven Eight Capital, LP | 0 | $0 | 0.00% | −18,647−100.0% | Sold out |
| FORA Capital, LLC | 0 | $0 | 0.00% | −17,606−100.0% | Sold out |
| Gotham Asset Management, LLC | 0 | $0 | 0.00% | −12,311−100.0% | Sold out |
| Genus Capital Management Inc. | 0 | $0 | 0.00% | −10,239−100.0% | Sold out |
| Evoke Wealth, LLC | 0 | $0 | 0.00% | −6,058−100.0% | Sold out |
| Numerai GP LLC | 0 | $0 | 0.00% | −5,305−100.0% | Sold out |
| Two Sigma Securities, LLC | 0 | $0 | 0.00% | −4,574−100.0% | Sold out |
| Jefferies Financial Group Inc. | 0 | $0 | 0.00% | −4,058−100.0% | Sold out |
| Forza Wealth Management, LLC | 0 | $0 | 0.00% | −4,000−100.0% | Sold out |
| Koshinski Asset Management, Inc. | 0 | $0 | 0.00% | −3,890−100.0% | Sold out |
| Wade G W & Inc | 0 | $0 | 0.00% | −3,057−100.0% | Sold out |
| Stokes Family Office, LLC | 0 | $0 | 0.00% | −2,911−100.0% | Sold out |
| Templeton & Phillips Capital Management, LLC | 0 | $0 | 0.00% | −2,530−100.0% | Sold out |
| Merrion Investment Management Co, LLC | 0 | $0 | 0.00% | −2,500−100.0% | Sold out |
| GTS Securities LLC | 0 | $0 | 0.00% | −2,320−100.0% | Sold out |
| BBR Partners, LLC | 0 | $0 | 0.00% | −2,200−100.0% | Sold out |
| Radnor Capital Management, LLC | 0 | $0 | 0.00% | −2,200−100.0% | Sold out |
| Ballentine Partners, LLC | 0 | $0 | 0.00% | −2,148−100.0% | Sold out |
| Tudor Investment Corp Et Al | 0 | $0 | 0.00% | −1,852−100.0% | Sold out |
| Compagnie Lombard Odier SCmA | 0 | $0 | 0.00% | −1,198−100.0% | Sold out |
| Cary Street Partner Investment Advisory LLC | 0 | $0 | 0.00% | −1,075−100.0% | Sold out |
| PEAK6 Investments LLC | 0 | $0 | 0.00% | −778−100.0% | Sold out |
| Stonebridge Capital Advisors LLC | 0 | $0 | 0.00% | −647−100.0% | Sold out |
| Thomas J. Herzfeld Advisors, Inc. | 0 | $0 | 0.00% | −457−100.0% | Sold out |
| Crewe Advisors LLC | 0 | $0 | 0.00% | −400−100.0% | Sold out |
| Concord Wealth Partners | 0 | $0 | 0.00% | −137−100.0% | Sold out |
| Householder Group Estate & Retirement Specialist, LLC | 0 | $0 | 0.00% | −40−100.0% | Sold out |
| Logan Capital Management Inc | 0 | $0 | 0.00% | −29−100.0% | Sold out |
| Buck Wealth Strategies, LLC | 0 | $0 | 0.00% | −24−100.0% | Sold out |
| JNBA Financial Advisors | 0 | $0 | 0.00% | −18−100.0% | Sold out |
| Hibernia Wealth Partners, LLC | 0 | $0 | 0.00% | −4−100.0% | Sold out |
| First Republic Investment Management, Inc. | – | – | – | – | Not filed |
| Lowell Blake & Associates Inc. | – | – | – | – | Not filed |
| Comerica Securities,inc. | – | – | – | – | Not filed |
| Ropes Wealth Advisors LLC | – | – | – | – | Not filed |
| Rothschild Investment Corp | – | – | – | – | Not filed |
| KB Financial Partners, LLC | – | – | – | – | Not filed |
| Kenfarb & Co. | – | – | – | – | Not filed |
| SIG North Trading, ULC | – | – | – | – | Not filed |
| Pathstone Family Office, LLC | – | – | – | – | Not filed |
| Advisor Partners II, LLC | – | – | – | – | Not filed |
| Colony Group LLC | – | – | – | – | Not filed |
| Mark Stevens | – | – | – | – | Not filed |
| Bryn Mawr Trust Co | – | – | – | – | Not filed |
| Madison Wealth Management | – | – | – | – | Not filed |
| Sutton Wealth Advisors Inc. | – | – | – | – | Not filed |
| Johnson Midwest Financial, LLC | – | – | – | – | Not filed |