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, Q1 2024
Institutional positions in Canadian National Railway Co as of Mar 31, 2024. 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
- 857
- +43 vs. Q4 2023
- Shares held
- 448.1M
- −6.05M (−1.3%) vs. Q4 2023
- Total value
- $59.1B
- +$1.90B (+3.3%) vs. Q4 2023
- New holders
- 90
- 284 more added
- Sold out
- 47
- 289 more reduced
11 institutions that held it in Q4 2023 haven't filed for Q1 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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, Q1 2024
Shares, value and share of portfolio for each institution holding Canadian National Railway Co; share changes are against Q4 2023.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Gates Foundation TrustSuperinvestorGates Foundation Trust | 54,826,786 | $7.22B | 15.75% | 00.0% | Unchanged |
| TCI Fund Management LtdSuperinvestorTCI Fund Management | 39,488,385 | $5.20B | 13.12% | −583,928−1.5% | Reduced |
| Royal Bank of Canada | 27,276,941 | $3.59B | 0.88% | +185,794+0.7% | Added |
| Vanguard Group Inc | 22,390,060 | $2.95B | 0.06% | −5,3410.0% | Reduced |
| Wellington Management Group LLP | 19,990,616 | $2.63B | 0.47% | −1,878,124−8.6% | Reduced |
| FIL Ltd | 18,651,801 | $2.46B | 2.44% | −538,008−2.8% | Reduced |
| Massachusetts Financial Services Co | 16,214,924 | $2.14B | 0.64% | −429,436−2.6% | Reduced |
| Bank of Montreal | 14,773,889 | $1.96B | 1.01% | −716,113−4.6% | Reduced |
| Bank of New York Mellon Corp | 13,334,201 | $1.76B | 0.34% | −325,426−2.4% | Reduced |
| Caisse de Depot Et Placement du Quebec | 12,496,600 | $1.65B | 3.96% | −261,700−2.1% | Reduced |
| TD Asset Management Inc | 11,565,068 | $1.52B | 1.42% | −86,851−0.7% | Reduced |
| Mackenzie Financial Corp | 9,425,334 | $1.24B | 1.80% | −515,961−5.2% | Reduced |
| Capital International Investors | 9,003,537 | $1.19B | 0.24% | +1,379,976+18.1% | Added |
| 1832 Asset Management L.P. | 8,691,086 | $1.14B | 2.09% | −94,393−1.1% | Reduced |
| Jarislowsky, Fraser Ltd | 8,511,212 | $1.12B | 6.43% | −308,249−3.5% | Reduced |
| Norges Bank | 6,108,271 | $804.7M | 0.13% | −14,083−0.2% | Reduced |
| Egerton Capital (UK) LLP | 6,006,248 | $791.1M | 7.64% | +697,980+13.1% | Added |
| Deutsche Bank AG | 5,339,660 | $703.3M | 0.33% | −266,277−4.7% | Reduced |
| Legal & General Group Plc | 5,136,729 | $676.8M | 0.19% | +199,190+4.0% | Added |
| National Bank of Canada | 5,297,957 | $674.5M | 1.17% | −1,087,484−17.0% | Reduced |
| CIBC Asset Management Inc | 5,036,098 | $663.3M | 2.30% | −99,149−1.9% | Reduced |
| CIBC World Markets Inc. | 4,960,941 | $653.4M | 1.68% | +266,595+5.7% | Added |
| Fiera Capital Corp | 4,804,644 | $633.1M | 1.85% | −162,305−3.3% | Reduced |
| Beutel, Goodman & Co Ltd. | 4,720,682 | $622.2M | 3.21% | −58,708−1.2% | Reduced |
| Manufacturers Life Insurance Company, The | 4,715,892 | $621.1M | 0.58% | −323,418−6.4% | Reduced |
| Canada Pension Plan Investment Board | 4,505,860 | $593.9M | 0.62% | +2,163,820+92.4% | Added |
| FMR LLC | 4,403,345 | $579.8M | 0.04% | +225,593+5.4% | Added |
| Price T Rowe Associates Inc | 3,986,555 | $525.1M | 0.06% | +125,949+3.3% | Added |
| JPMorgan Chase & Co | 3,707,731 | $488.4M | 0.04% | −221,149−5.6% | Reduced |
| Bank of Nova Scotia | 3,606,616 | $474.9M | 0.96% | −845,101−19.0% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 3,599,708 | $474.2M | 2.04% | +239,532+7.1% | Added |
| Harding Loevner LP | 2,830,575 | $372.8M | 2.30% | −35,289−1.2% | Reduced |
| Arrowstreet Capital, Limited Partnership | 2,828,044 | $372.5M | 0.34% | −368,114−11.5% | Reduced |
| Scotia Capital Inc. | 2,493,750 | $327.6M | 1.95% | +48,488+2.0% | Added |
| Geode Capital Management, LLC | 2,290,114 | $303.9M | 0.03% | +86,184+3.9% | Added |
| TD Waterhouse Canada Inc. | 1,603,295 | $282.9M | 2.12% | +44,354+2.8% | Added |
| Bank of America Corp | 2,139,247 | $281.8M | 0.03% | +146,629+7.4% | Added |
| Morgan Stanley | 2,043,845 | $269.2M | 0.02% | +350,123+20.7% | Added |
| Artisan Partners Limited Partnership | 1,814,500 | $239.0M | 0.35% | −723,100−28.5% | Reduced |
| Alliancebernstein L.P. | 1,723,400 | $227.0M | 0.08% | +815,879+89.9% | Added |
| Swiss National Bank | 1,649,700 | $217.2M | 0.15% | −162,200−9.0% | Reduced |
| Royal London Asset Management Ltd | 1,638,102 | $215.8M | 0.54% | +35,374+2.2% | Added |
| Federation des caisses Desjardins du Quebec | 1,161,914 | $204.4M | 1.48% | −25,146−2.1% | Reduced |
| Alberta Investment Management Corp | 1,510,914 | $199.2M | 2.02% | −37,498−2.4% | Reduced |
| Goldman Sachs Group Inc | 1,505,199 | $198.2M | 0.04% | −275,285−15.5% | Reduced |
| Loring Wolcott & Coolidge Fiduciary Advisors LLP | 1,470,454 | $190.2M | 1.89% | −1,362−0.1% | Reduced |
| Findlay Park Partners LLP | 1,370,068 | $180.5M | 1.66% | +342,485+33.3% | Added |
| Russell Investments Group, Ltd. | 1,279,215 | $168.6M | 0.27% | −1070.0% | Reduced |
| Sumitomo Mitsui Trust Holdings, Inc. | 1,273,709 | $167.8M | 0.12% | −35,584−2.7% | Reduced |
| Principal Financial Group Inc | 1,220,921 | $160.9M | 0.09% | −99,684−7.5% | Reduced |
| Nuveen Asset Management, LLC | 1,197,139 | $159.7M | 0.05% | +81,731+7.3% | Added |
| Clearbridge Investments, LLC | 1,107,638 | $145.9M | 0.12% | −13,730−1.2% | Reduced |
| Credit Suisse AG | 1,099,316 | $144.8M | 0.14% | −2,084−0.2% | Reduced |
| Dimensional Fund Advisors LP | 1,054,013 | $138.8M | 0.04% | +50,777+5.1% | Added |
| Stifel Financial Corp | 1,039,587 | $136.9M | 0.16% | +13,587+1.3% | Added |
| Amundi | 1,052,396 | $133.8M | 0.06% | +71,081+7.2% | Added |
| APG Asset Management N.V. | 1,089,309 | $132.9M | 0.23% | +51,454+5.0% | Added |
| Douglass Winthrop Advisors, LLC | 1,008,885 | $132.9M | 2.74% | +19,203+1.9% | Added |
| Manning & Napier Group, LLC | 980,681 | $129.2M | 1.47% | +310,693+46.4% | Added |
| Envestnet Asset Management Inc | 856,931 | $112.9M | 0.04% | +34,443+4.2% | Added |
| Earnest Partners LLC | 852,141 | $112.3M | 0.51% | +25,500+3.1% | Added |
| Rivulet Capital, LLC | 825,000 | $108.7M | 5.45% | 00.0% | Unchanged |
| BlackRock Inc. | 820,049 | $108.0M | 0.00% | +16,203+2.0% | Added |
| Agf Management Ltd | 922,606 | $105.6M | 0.59% | +191,587+26.2% | Added |
| Consulta Ltd | 800,000 | $105.4M | 6.79% | 00.0% | Unchanged |
| Brown Advisory Inc | 758,159 | $99.9M | 0.13% | +2,039+0.3% | Added |
| Franklin Resources Inc | 695,573 | $91.6M | 0.03% | +332,924+91.8% | Added |
| Coronation Fund Managers Ltd. | 680,146 | $89.6M | 2.44% | −29,501−4.2% | Reduced |
| William Blair Investment Management, LLC | 679,549 | $89.5M | 0.23% | −27,287−3.9% | Reduced |
| State of Tennessee, Treasury Department | 664,461 | $87.6M | 0.32% | 00.0% | Unchanged |
| Montrusco Bolton Investments Inc. | 606,128 | $79.9M | 0.85% | −1,222,851−66.9% | Reduced |
| Capital International Inc | 593,446 | $78.1M | 1.06% | +114,380+23.9% | Added |
| Toronto Dominion Bank | 592,627 | $78.1M | 0.12% | −3,254,020−84.6% | Reduced |
| Addenda Capital Inc. | 435,008 | $77.6M | 2.95% | −12,715−2.8% | Reduced |
| Public Sector Pension Investment Board | 515,000 | $67.9M | 0.49% | +21,308+4.3% | Added |
| Ameriprise Financial Inc | 525,332 | $67.3M | 0.02% | −13,645−2.5% | Reduced |
| Ninety One UK Ltd | 485,649 | $64.0M | 0.18% | +485,649 | New |
| Burgundy Asset Management Ltd. | 477,348 | $62.9M | 0.65% | −17,894−3.6% | Reduced |
| Dixon Mitchell Investment Counsel Inc. | 475,462 | $62.7M | 3.12% | +5,068+1.1% | Added |
| Bradley Foster & Sargent Inc | 467,100 | $61.5M | 1.11% | −7,486−1.6% | Reduced |
| DekaBank Deutsche Girozentrale | 456,943 | $60.4M | 0.11% | +9,204+2.1% | Added |
| Reaves W H & Co Inc | 456,706 | $60.2M | 2.13% | +309,806+210.9% | Added |
| Cardinal Capital Management, Inc. | 448,479 | $59.1M | 2.62% | −2,531−0.6% | Reduced |
| First Trust Advisors LP | 441,778 | $58.2M | 0.06% | −87,931−16.6% | Reduced |
| Scheer, Rowlett & Associates Investment Management Ltd. | 422,553 | $55.7M | 4.12% | −14,664−3.4% | Reduced |
| Invesco Ltd. | 416,090 | $54.8M | 0.01% | −47,049−10.2% | Reduced |
| Saturna Capital CORP | 408,000 | $53.7M | 0.74% | 00.0% | Unchanged |
| Aviva PLC | 402,219 | $53.0M | 0.17% | −17,110−4.1% | Reduced |
| Northern Trust Corp | 385,574 | $50.8M | 0.01% | −1,680−0.4% | Reduced |
| SEI Investments Co | 365,427 | $48.1M | 0.07% | −1,313−0.4% | Reduced |
| Reynders McVeigh Capital Management, LLC | 355,732 | $46.9M | 2.70% | −7,202−2.0% | Reduced |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 345,823 | $45.5M | 0.05% | +29,590+9.4% | Added |
| UBS Group AG | 342,300 | $45.1M | 0.01% | −15,816−4.4% | Reduced |
| Neuberger Berman Group LLC | 333,317 | $43.9M | 0.04% | +1420.0% | Added |
| Intact Investment Management Inc. | 324,822 | $42.8M | 1.69% | +69,098+27.0% | Added |
| Great West Life Assurance Co | 324,334 | $42.7M | 0.09% | +49,297+17.9% | Added |
| State Street Corp | 315,972 | $41.6M | 0.00% | −54,600−14.7% | Reduced |
| CIBC Private Wealth Group, LLC | 310,264 | $40.8M | 0.08% | −4,074−1.3% | Reduced |
| Guardian Capital LP | 299,037 | $39.4M | 1.37% | −4,788−1.6% | Reduced |
| Troy Asset Management Ltd | 297,023 | $39.1M | 1.18% | +139,637+88.7% | Added |