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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, Q2 2024

Institutional positions in Canadian National Railway Co as of Jun 30, 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
855
+8 vs. Q1 2024
Shares held
439.0M
−6.69M (−1.5%) vs. Q1 2024
Total value
$51.9B
−$6.89B (−11.7%) vs. Q1 2024
New holders
74
262 more added
Sold out
66
318 more reduced

10 institutions that held it in Q1 2024 haven't filed for Q2 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2024: 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.

Institutional holdersQ2 2024: 855 institutions
Q1 2021: 725 institutionsQ2 2021: 710 institutionsQ3 2021: 714 institutionsQ4 2021: 782 institutionsQ1 2022: 779 institutionsQ2 2022: 758 institutionsQ3 2022: 739 institutionsQ4 2022: 784 institutionsQ1 2023: 792 institutionsQ2 2023: 792 institutionsQ3 2023: 773 institutionsQ4 2023: 825 institutionsQ1 2024: 857 institutionsQ2 2024: 855 institutionsQ3 2024: 852 institutionsQ4 2024: 857 institutionsQ1 2025: 824 institutionsQ2 2025: 821 institutionsQ3 2025: 758 institutionsQ4 2025: 809 institutionsQ1 2026: 831 institutionsQ2 2026: 849 institutions
Value heldQ2 2024: $51.9B
Q1 2021: $46.7BQ2 2021: $43.5BQ3 2021: $48.5BQ4 2021: $51.5BQ1 2022: $54.6BQ2 2022: $47.2BQ3 2022: $50.2BQ4 2022: $54.8BQ1 2023: $54.5BQ2 2023: $55.1BQ3 2023: $49.4BQ4 2023: $57.2BQ1 2024: $59.1BQ2 2024: $51.9BQ3 2024: $50.0BQ4 2024: $43.1BQ1 2025: $41.8BQ2 2025: $44.8BQ3 2025: $38.9BQ4 2025: $40.8BQ1 2026: $42.0BQ2 2026: $48.6B
Institutions holding CNI and their total value by quarter
QuarterHoldersValue
Q2 2026849$48.6B
Q1 2026831$42.0B
Q4 2025809$40.8B
Q3 2025758$38.9B
Q2 2025821$44.8B
Q1 2025824$41.8B
Q4 2024857$43.1B
Q3 2024852$50.0B
Q2 2024855$51.9B
Q1 2024857$59.1B
Q4 2023825$57.2B
Q3 2023773$49.4B
Q2 2023792$55.1B
Q1 2023792$54.5B
Q4 2022784$54.8B
Q3 2022739$50.2B
Q2 2022758$47.2B
Q1 2022779$54.6B
Q4 2021782$51.5B
Q3 2021714$48.5B
Q2 2021710$43.5B
Q1 2021725$46.7B

Institutions, Q2 2024

Shares, value and share of portfolio for each institution holding Canadian National Railway Co; share changes are against Q1 2024.

Institutions holding CNI in Q2 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Gates Foundation TrustSuperinvestorGates Foundation Trust54,826,786$6.48B13.59%00.0%Unchanged
TCI Fund Management LtdSuperinvestorTCI Fund Management39,488,385$4.67B11.40%00.0%Unchanged
Royal Bank of Canada26,041,799$3.08B0.74%−1,235,142−4.5%Reduced
Vanguard Group Inc22,430,174$2.65B0.05%+40,114+0.2%Added
Wellington Management Group LLP17,771,769$2.10B0.37%−2,218,847−11.1%Reduced
Bank of Montreal15,746,616$1.87B0.94%+972,727+6.6%Added
Massachusetts Financial Services Co14,867,048$1.76B0.54%−1,347,876−8.3%Reduced
FIL Ltd14,278,831$1.69B1.67%−4,372,970−23.4%Reduced
Bank of New York Mellon Corp13,190,449$1.56B0.30%−143,752−1.1%Reduced
Caisse de Depot Et Placement du Quebec12,496,600$1.48B3.59%00.0%Unchanged
TD Asset Management Inc11,457,040$1.35B1.26%−108,028−0.9%Reduced
1832 Asset Management L.P.9,365,622$1.11B2.00%+674,536+7.8%Added
Mackenzie Financial Corp9,234,132$1.09B1.62%−191,202−2.0%Reduced
Capital International Investors8,690,395$1.03B0.21%−313,142−3.5%Reduced
Jarislowsky, Fraser Ltd8,610,928$1.02B6.18%+99,716+1.2%Added
Norges Bank5,941,214$702.1M0.10%−167,057−2.7%Reduced
Morgan Stanley5,694,517$672.7M0.05%+3,650,672+178.6%Added
Fiera Capital Corp5,443,461$643.5M1.99%+638,817+13.3%Added
Deutsche Bank AG5,079,523$600.0M0.27%−260,137−4.9%Reduced
CIBC World Markets Inc.4,915,527$580.7M1.44%−45,414−0.9%Reduced
Manufacturers Life Insurance Company, The4,836,345$570.7M0.53%+120,453+2.6%Added
CIBC Asset Management Inc4,819,445$569.1M2.03%−216,653−4.3%Reduced
Legal & General Group Plc4,754,769$561.7M0.16%−381,960−7.4%Reduced
Beutel, Goodman & Co Ltd.4,632,927$547.3M2.91%−87,755−1.9%Reduced
National Bank of Canada4,590,374$537.0M0.85%−707,583−13.4%Reduced
Egerton Capital (UK) LLP4,066,666$480.4M4.85%−1,939,582−32.3%Reduced
Price T Rowe Associates Inc4,003,605$472.9M0.06%+17,050+0.4%Added
Connor, Clark & Lunn Investment Management Ltd.3,760,669$444.4M1.87%+160,961+4.5%Added
Bank of Nova Scotia3,590,596$424.3M0.83%−16,020−0.4%Reduced
JPMorgan Chase & Co3,318,807$392.1M0.03%−388,924−10.5%Reduced
Federation des caisses Desjardins du Quebec3,132,009$377.3M2.02%+1,970,095+169.6%Added
Harding Loevner LP2,749,389$324.8M1.79%−81,186−2.9%Reduced
Scotia Capital Inc.2,557,638$301.7M1.77%+63,888+2.6%Added
Geode Capital Management, LLC2,403,723$287.4M0.03%+113,609+5.0%Added
Bank of America Corp2,344,083$276.9M0.03%+204,836+9.6%Added
FMR LLC2,241,793$264.9M0.02%−2,161,552−49.1%Reduced
Arrowstreet Capital, Limited Partnership2,082,789$246.1M0.22%−745,255−26.4%Reduced
Goldman Sachs Group Inc2,028,425$239.6M0.05%+523,226+34.8%Added
Quadrature Capital Ltd1,933,200$228.0M3.82%+1,933,200New
Alliancebernstein L.P.1,861,154$219.9M0.08%+137,754+8.0%Added
Canada Pension Plan Investment Board1,840,860$217.5M0.21%−2,665,000−59.1%Reduced
Findlay Park Partners LLP1,827,068$215.8M2.03%+457,000+33.4%Added
Royal London Asset Management Ltd1,654,229$195.4M0.50%+16,127+1.0%Added
Swiss National Bank1,634,100$192.9M0.13%−15,600−0.9%Reduced
TD Waterhouse Canada Inc.1,641,240$192.5M1.73%+37,945+2.4%Added
Loring Wolcott & Coolidge Fiduciary Advisors LLP1,469,605$181.7M1.67%−849−0.1%Reduced
Alberta Investment Management Corp1,423,609$168.2M1.78%−87,305−5.8%Reduced
British Columbia Investment Management Corp1,336,027$157.9M0.95%+1,307,689+4,614.6%Added
Charles Schwab Investment Management Inc1,301,965$153.8M0.03%+1,301,965New
Russell Investments Group, Ltd.1,228,599$145.1M0.23%−50,616−4.0%Reduced
Amundi1,138,806$135.6M0.05%+86,410+8.2%Added
Manning & Napier Advisors LLC1,135,156$134.1M1.51%+1,135,156New
Dimensional Fund Advisors LP1,102,997$130.3M0.03%+48,984+4.6%Added
Ninety One UK Ltd1,096,901$129.6M0.36%+611,252+125.9%Added
APG Asset Management N.V.1,165,461$128.5M0.23%+76,152+7.0%Added
Clearbridge Investments, LLC1,082,231$127.8M0.10%−25,407−2.3%Reduced
Stifel Financial Corp1,061,773$125.4M0.14%+22,186+2.1%Added
Douglass Winthrop Advisors, LLC999,450$118.1M2.41%−9,435−0.9%Reduced
UBS Asset Management Americas Inc998,439$117.9M0.03%+998,439New
Nuveen Asset Management, LLC938,904$112.1M0.03%−258,235−21.6%Reduced
Envestnet Asset Management Inc942,229$111.3M0.04%+85,298+10.0%Added
Toronto Dominion Bank907,386$107.2M0.17%+314,759+53.1%Added
Brown Advisory Inc904,505$106.8M0.14%+146,346+19.3%Added
Rivulet Capital, LLC900,000$106.3M7.36%+75,000+9.1%Added
Earnest Partners LLC824,679$97.5M0.46%−27,462−3.2%Reduced
Consulta Ltd800,000$94.5M6.44%00.0%Unchanged
BlackRock Inc.737,473$87.1M0.00%−82,576−10.1%Reduced
Agf Management Ltd588,712$83.2M0.46%−333,894−36.2%Reduced
Franklin Resources Inc699,150$82.6M0.03%+3,577+0.5%Added
State of Tennessee, Treasury Department656,970$77.6M0.29%−7,491−1.1%Reduced
Montrusco Bolton Investments Inc.585,950$69.2M0.73%−20,178−3.3%Reduced
Addenda Capital Inc.427,926$69.2M2.71%−7,082−1.6%Reduced
Capital International Inc584,324$69.0M0.92%−9,122−1.5%Reduced
Voloridge Investment Management, LLC549,321$64.9M0.24%+423,820+337.7%Added
William Blair Investment Management, LLC543,070$64.2M0.17%−136,479−20.1%Reduced
Ameriprise Financial Inc550,280$63.8M0.02%+24,948+4.7%Added
Aviva PLC534,727$63.2M0.18%+132,508+32.9%Added
Intact Investment Management Inc.485,099$57.3M2.14%+160,277+49.3%Added
Dixon Mitchell Investment Counsel Inc.479,077$56.7M2.84%+3,615+0.8%Added
DekaBank Deutsche Girozentrale482,206$56.4M0.10%+25,263+5.5%Added
Cardinal Capital Management, Inc.470,679$55.6M2.14%+22,200+5.0%Added
Burgundy Asset Management Ltd.470,003$55.5M0.59%−7,345−1.5%Reduced
Invesco Ltd.468,889$55.4M0.01%+52,799+12.7%Added
Bradley Foster & Sargent Inc458,442$54.2M0.98%−8,658−1.9%Reduced
Reaves W H & Co Inc436,662$51.6M1.74%−20,044−4.4%Reduced
Scheer, Rowlett & Associates Investment Management Ltd.420,233$49.7M3.80%−2,320−0.5%Reduced
Saturna Capital CORP408,000$48.2M0.64%00.0%Unchanged
First Trust Advisors LP387,993$45.8M0.05%−53,785−12.2%Reduced
Northern Trust Corp373,429$44.1M0.01%−12,145−3.1%Reduced
UBS Group AG365,892$43.2M0.01%+23,592+6.9%Added
Millennium Management LLC364,317$43.0M0.04%+266,243+271.5%Added
SEI Investments Co360,591$42.6M0.06%−4,836−1.3%Reduced
Great West Life Assurance Co353,496$41.7M0.08%+29,162+9.0%Added
AXA S.A.348,602$41.2M0.12%+53,976+18.3%Added
Partners Group Holding AG349,217$41.1M3.10%+82,698+31.0%Added
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main339,656$40.1M0.04%−6,167−1.8%Reduced
State Street Corp327,872$38.7M0.00%+11,900+3.8%Added
Marshall Wace, LLP326,979$38.6M0.05%+276,982+554.0%Added
CIBC Private Wealth Group, LLC316,983$37.0M0.07%+6,719+2.2%Added
MUFG Securities (Canada), Ltd.303,066$35.8M2.36%+302,766+100,922.0%Added