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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, Q3 2024

Institutional positions in Canadian National Railway Co as of Sep 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
852
+5 vs. Q2 2024
Shares held
427.0M
−11.2M (−2.6%) vs. Q2 2024
Total value
$50.0B
−$1.79B (−3.4%) vs. Q2 2024
New holders
72
287 more added
Sold out
67
299 more reduced

8 institutions that held it in Q2 2024 haven't filed for Q3 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 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 holdersQ3 2024: 852 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 heldQ3 2024: $50.0B
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, Q3 2024

Shares, value and share of portfolio for each institution holding Canadian National Railway Co; share changes are against Q2 2024.

Institutions holding CNI in Q3 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Gates Foundation TrustSuperinvestorGates Foundation Trust54,826,786$6.42B14.25%00.0%Unchanged
TCI Fund Management LtdSuperinvestorTCI Fund Management35,437,277$4.15B9.43%−4,051,108−10.3%Reduced
Royal Bank of Canada25,712,416$3.01B0.67%−329,383−1.3%Reduced
Vanguard Group Inc22,885,450$2.68B0.05%+455,276+2.0%Added
Wellington Management Group LLP18,562,189$2.18B0.38%+790,420+4.4%Added
Bank of Montreal15,732,185$1.83B0.86%−14,431−0.1%Reduced
Massachusetts Financial Services Co13,865,704$1.62B0.49%−1,001,344−6.7%Reduced
Bank of New York Mellon Corp13,152,228$1.54B0.29%−38,221−0.3%Reduced
Caisse de Depot Et Placement du Quebec12,496,600$1.46B2.91%00.0%Unchanged
TD Asset Management Inc11,459,290$1.34B1.18%+2,2500.0%Added
Capital International Investors10,480,930$1.23B0.24%+1,790,535+20.6%Added
1832 Asset Management L.P.10,262,013$1.20B2.02%+896,391+9.6%Added
Mackenzie Financial Corp8,938,839$1.05B1.46%−295,293−3.2%Reduced
Jarislowsky, Fraser Ltd8,736,997$1.02B5.73%+126,069+1.5%Added
National Bank of Canada6,737,322$789.0M1.07%+2,146,948+46.8%Added
Norges Bank5,752,417$673.5M0.09%−188,797−3.2%Reduced
CIBC World Markets Inc.5,617,099$658.0M1.48%+701,572+14.3%Added
Fiera Capital Corp5,482,524$642.8M1.93%+39,063+0.7%Added
Deutsche Bank AG5,385,003$630.9M0.26%+305,480+6.0%Added
Legal & General Group Plc4,720,877$553.4M0.15%−33,892−0.7%Reduced
CIBC Asset Management Inc4,547,707$533.5M1.73%−271,738−5.6%Reduced
Beutel, Goodman & Co Ltd.4,536,793$531.8M2.62%−96,134−2.1%Reduced
FIL Ltd4,273,508$500.4M0.45%−10,005,323−70.1%Reduced
Price T Rowe Associates Inc4,109,320$481.4M0.06%+105,715+2.6%Added
Morgan Stanley4,080,029$478.0M0.03%−1,614,488−28.4%Reduced
Connor, Clark & Lunn Investment Management Ltd.3,962,972$464.0M2.25%+202,303+5.4%Added
Manufacturers Life Insurance Company, The3,819,623$447.6M0.39%−1,016,722−21.0%Reduced
Arrowstreet Capital, Limited Partnership3,711,492$434.7M0.37%+1,628,703+78.2%Added
Bank of America Corp2,946,317$345.2M0.03%+602,234+25.7%Added
Bank of Nova Scotia2,917,904$341.7M0.69%−672,692−18.7%Reduced
Scotia Capital Inc.2,691,680$312.5M1.67%+134,042+5.2%Added
Harding Loevner LP2,619,060$306.8M1.77%−130,329−4.7%Reduced
Geode Capital Management, LLC2,562,480$302.9M0.02%+158,757+6.6%Added
Canada Pension Plan Investment Board2,460,160$288.4M0.27%+619,300+33.6%Added
Federation des caisses Desjardins du Quebec2,414,518$280.7M1.39%−717,491−22.9%Reduced
JPMorgan Chase & Co2,376,100$278.4M0.02%−942,707−28.4%Reduced
FMR LLC1,889,207$221.2M0.01%−352,586−15.7%Reduced
Alliancebernstein L.P.1,845,747$216.2M0.07%−15,407−0.8%Reduced
Ninety One UK Ltd1,833,035$214.9M0.57%+736,134+67.1%Added
Findlay Park Partners LLP1,807,868$211.8M2.00%−19,200−1.1%Reduced
Goldman Sachs Group Inc1,797,645$210.6M0.04%−230,780−11.4%Reduced
TD Waterhouse Canada Inc.1,720,660$201.1M1.63%+79,420+4.8%Added
Swiss National Bank1,625,600$190.7M0.12%−8,500−0.5%Reduced
Royal London Asset Management Ltd1,570,388$184.0M0.45%−83,841−5.1%Reduced
British Columbia Investment Management Corp1,511,719$177.0M1.06%+175,692+13.2%Added
Toronto Dominion Bank1,492,218$174.8M0.31%+584,832+64.5%Added
Loring Wolcott & Coolidge Fiduciary Advisors LLP1,463,156$162.1M1.45%−6,449−0.4%Reduced
Charles Schwab Investment Management Inc1,368,496$160.4M0.03%+66,531+5.1%Added
Point72 Asset Management, L.P.1,364,960$159.9M0.56%+1,364,960New
Russell Investments Group, Ltd.1,326,660$155.5M0.23%+98,061+8.0%Added
Alberta Investment Management Corp1,269,198$148.8M1.29%−154,411−10.8%Reduced
Balyasny Asset Management LLC1,269,844$148.8M0.38%+1,269,844New
Dimensional Fund Advisors LP1,179,470$138.2M0.03%+76,473+6.9%Added
Clearbridge Investments, LLC1,152,749$135.0M0.11%+70,518+6.5%Added
Amundi1,170,243$132.8M0.05%+31,437+2.8%Added
Manning & Napier Advisors LLC1,131,235$132.5M1.46%−3,921−0.3%Reduced
Stifel Financial Corp1,071,188$125.5M0.13%+9,415+0.9%Added
Envestnet Asset Management Inc1,032,615$121.0M0.04%+90,386+9.6%Added
Douglass Winthrop Advisors, LLC1,011,923$118.5M2.26%+12,473+1.2%Added
Quadrature Capital Ltd982,500$115.2M2.61%−950,700−49.2%Reduced
UBS Asset Management Americas Inc930,050$109.0M0.03%−68,389−6.8%Reduced
Brown Advisory Inc905,785$106.1M0.13%+1,280+0.1%Added
Millennium Management LLC876,187$102.6M0.09%+511,870+140.5%Added
Voloridge Investment Management, LLC862,914$101.1M0.37%+313,593+57.1%Added
Agf Management Ltd727,053$98.5M0.50%+138,341+23.5%Added
Rivulet Capital, LLC836,450$98.0M7.23%−63,550−7.1%Reduced
Nuveen Asset Management, LLC780,330$92.0M0.03%−158,574−16.9%Reduced
BlackRock, Inc.709,789$83.2M0.00%+709,789New
Consulta Ltd700,000$82.0M5.06%−100,000−12.5%Reduced
Franklin Resources Inc654,826$77.0M0.02%−44,324−6.3%Reduced
State of Tennessee, Treasury Department634,933$74.4M0.26%−22,037−3.4%Reduced
ClearBridge Investments Ltd464,438$73.6M1.84%+464,438New
Addenda Capital Inc.448,554$71.0M2.53%+20,628+4.8%Added
Aviva PLC584,084$68.4M0.18%+49,357+9.2%Added
Capital International Inc571,467$66.9M0.84%−12,857−2.2%Reduced
Partners Group Holding AG406,066$64.3M4.14%+56,849+16.3%Added
Ameriprise Financial Inc547,740$62.5M0.02%−2,540−0.5%Reduced
Invesco Ltd.503,695$59.0M0.01%+34,806+7.4%Added
Scheer, Rowlett & Associates Investment Management Ltd.494,511$57.9M4.04%+74,278+17.7%Added
MUFG Securities (Canada), Ltd.491,616$57.6M2.58%+188,550+62.2%Added
Dixon Mitchell Investment Counsel Inc.479,935$56.3M2.56%+858+0.2%Added
Cardinal Capital Management, Inc.475,519$55.8M2.30%+4,840+1.0%Added
UBS Group AG475,172$55.7M0.02%+109,280+29.9%Added
Burgundy Asset Management Ltd.473,837$55.5M0.55%+3,834+0.8%Added
DekaBank Deutsche Girozentrale456,770$53.7M0.10%−25,436−5.3%Reduced
Bradley Foster & Sargent Inc442,606$51.9M0.87%−15,836−3.5%Reduced
Two Sigma Investments, LP415,985$48.7M0.11%+280,200+206.4%Added
First Trust Advisors LP404,129$47.3M0.05%+16,136+4.2%Added
Citadel Advisors LLC389,100$45.6M0.05%+372,032+2,179.7%Added
Qube Research & Technologies Ltd388,948$45.6M0.08%+118,440+43.8%Added
Intact Investment Management Inc.388,769$45.5M1.51%−96,330−19.9%Reduced
Saturna Capital CORP384,000$45.0M0.59%−24,000−5.9%Reduced
Cidel Asset Management Inc368,941$43.3M3.05%+117,359+46.6%Added
SEI Investments Co368,340$43.2M0.06%+7,749+2.1%Added
Northern Trust Corp361,561$42.4M0.01%−11,868−3.2%Reduced
Great West Life Assurance Co357,428$41.6M0.07%+3,932+1.1%Added
Public Employees Retirement System of Ohio341,406$40.0M0.17%+341,406New
CIBC Private Wealth Group, LLC312,507$36.6M0.07%−4,476−1.4%Reduced
Reaves W H & Co Inc311,309$36.5M1.00%−125,353−28.7%Reduced
State Street Corp310,572$36.4M0.00%−17,300−5.3%Reduced