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 2025
Institutional positions in Canadian National Railway Co as of Mar 31, 2025. 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
- 824
- −23 vs. Q4 2024
- Shares held
- 428.5M
- +4.95M (+1.2%) vs. Q4 2024
- Total value
- $41.8B
- −$1.24B (−2.9%) vs. Q4 2024
- New holders
- 71
- 261 more added
- Sold out
- 94
- 318 more reduced
10 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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.
| 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 2025
Shares, value and share of portfolio for each institution holding Canadian National Railway Co; share changes are against Q4 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Legal & General Group Plc | 4,310,696 | $419.5M | 0.11% | −218,619−4.8% | Reduced |
| CIBC Asset Management Inc | 4,947,425 | $482.6M | 1.60% | −172,249−3.4% | Reduced |
| Arrowstreet Capital, Limited Partnership | 5,244,851 | $510.8M | 0.41% | +430,382+8.9% | Added |
| Manufacturers Life Insurance Company, The | 5,296,701 | $518.3M | 0.49% | +1,439,617+37.3% | Added |
| Fiera Capital Corp | 5,469,682 | $532.8M | 1.92% | −154,912−2.8% | Reduced |
| Norges Bank | 5,548,937 | $540.1M | 0.08% | −2,6260.0% | Reduced |
| Deutsche Bank AG | 6,155,864 | $600.0M | 0.24% | +454,439+8.0% | Added |
| CIBC World Markets Inc. | 6,545,322 | $637.9M | 1.46% | +1,215,571+22.8% | Added |
| Price T Rowe Associates Inc | 6,638,443 | $647.0M | 0.08% | +1,148,569+20.9% | Added |
| National Bank of Canada | 7,579,624 | $736.3M | 0.86% | −178,373−2.3% | Reduced |
| Mackenzie Financial Corp | 8,571,806 | $834.1M | 1.19% | +505,588+6.3% | Added |
| Jarislowsky, Fraser Ltd | 9,216,459 | $896.8M | 5.62% | +57,384+0.6% | Added |
| 1832 Asset Management L.P. | 11,243,512 | $1.10B | 2.09% | +636,147+6.0% | Added |
| Capital International Investors | 11,555,543 | $1.12B | 0.22% | −266,520−2.3% | Reduced |
| TD Asset Management Inc | 11,798,566 | $1.15B | 1.06% | +30,066+0.3% | Added |
| Bank of New York Mellon Corp | 12,110,606 | $1.18B | 0.23% | −379,542−3.0% | Reduced |
| Massachusetts Financial Services Co | 12,121,917 | $1.18B | 0.39% | +24,202+0.2% | Added |
| Caisse de Depot Et Placement du Quebec | 12,496,600 | $1.22B | 2.55% | 00.0% | Unchanged |
| Bank of Montreal | 14,585,827 | $1.42B | 0.76% | −760,462−5.0% | Reduced |
| Wellington Management Group LLP | 16,136,037 | $1.57B | 0.30% | −1,340,861−7.7% | Reduced |
| Vanguard Group Inc | 23,165,939 | $2.25B | 0.04% | +179,261+0.8% | Added |
| TCI Fund Management LtdSuperinvestorTCI Fund Management | 26,899,078 | $2.62B | 6.04% | −2,794,686−9.4% | Reduced |
| Royal Bank of Canada | 26,949,917 | $2.63B | 0.59% | −807,121−2.9% | Reduced |
| Gates Foundation TrustSuperinvestorGates Foundation Trust | 54,826,786 | $5.34B | 12.78% | 00.0% | Unchanged |
| Proequities, Inc. | 0 | $0 | 0.00% | −9,632−100.0% | Sold out |
| Sierra Ocean, LLC | 0 | $0 | 0.00% | −35−100.0% | Sold out |
| Nexus Investment Management ULC | 0 | $0 | 0.00% | −278,462−100.0% | Sold out |
| ExodusPoint Capital Management, LP | 0 | $0 | 0.00% | −86,700−100.0% | Sold out |
| Crestline Management, LP | 0 | $0 | 0.00% | −76,020−100.0% | Sold out |
| Trexquant Investment LP | 0 | $0 | 0.00% | −64,689−100.0% | Sold out |
| 13D Management LLC | 0 | $0 | 0.00% | −54,413−100.0% | Sold out |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 0 | $0 | 0.00% | −45,000−100.0% | Sold out |
| Magnetar Financial LLC | 0 | $0 | 0.00% | −39,482−100.0% | Sold out |
| Keystone Investors Pte Ltd | 0 | $0 | 0.00% | −32,138−100.0% | Sold out |
| Wexford Capital LP | 0 | $0 | 0.00% | −27,242−100.0% | Sold out |
| Threadgill Financial, LLC | 0 | $0 | 0.00% | −22,476−100.0% | Sold out |
| BW Gestao de Investimentos Ltda. | 0 | $0 | 0.00% | −20,000−100.0% | Sold out |
| Sone Capital Management, LLC | 0 | $0 | 0.00% | −19,261−100.0% | Sold out |
| Titan Global Capital Management USA LLC | 0 | $0 | 0.00% | −15,365−100.0% | Sold out |
| Greenland Capital Management LP | 0 | $0 | 0.00% | −15,000−100.0% | Sold out |
| Baader Bank INC | 0 | $0 | 0.00% | −13,855−100.0% | Sold out |
| Park Avenue Securities LLC | 0 | $0 | 0.00% | −13,266−100.0% | Sold out |
| WMS Partners, LLC | 0 | $0 | 0.00% | −11,512−100.0% | Sold out |
| Tudor Investment Corp Et Al | 0 | $0 | 0.00% | −10,629−100.0% | Sold out |
| Aigen Investment Management, LP | 0 | $0 | 0.00% | −9,467−100.0% | Sold out |
| Campbell & CO Investment Adviser LLC | 0 | $0 | 0.00% | −9,427−100.0% | Sold out |
| Lee Financial Co | 0 | $0 | 0.00% | −9,125−100.0% | Sold out |
| Okabena Investment Services Inc | 0 | $0 | 0.00% | −8,223−100.0% | Sold out |
| Prana Capital Management, LP | 0 | $0 | 0.00% | −8,200−100.0% | Sold out |
| Y-Intercept (Hong Kong) Ltd | 0 | $0 | 0.00% | −7,799−100.0% | Sold out |
| Beck Mack & Oliver LLC | 0 | $0 | 0.00% | −7,775−100.0% | Sold out |
| Gotham Asset Management, LLC | 0 | $0 | 0.00% | −7,773−100.0% | Sold out |
| Engineers Gate Manager LP | 0 | $0 | 0.00% | −7,567−100.0% | Sold out |
| Sciencast Management LP | 0 | $0 | 0.00% | −7,311−100.0% | Sold out |
| Twinbeech Capital LP | 0 | $0 | 0.00% | −6,886−100.0% | Sold out |
| Shay Capital LLC | 0 | $0 | 0.00% | −6,850−100.0% | Sold out |
| Graham Capital Management, L.P. | 0 | $0 | 0.00% | −6,785−100.0% | Sold out |
| Bleakley Financial Group, LLC | 0 | $0 | 0.00% | −6,553−100.0% | Sold out |
| Neville Rodie & Shaw Inc | 0 | $0 | 0.00% | −6,150−100.0% | Sold out |
| Qtron Investments LLC | 0 | $0 | 0.00% | −5,584−100.0% | Sold out |
| Lighthouse Investment Partners, LLC | 0 | $0 | 0.00% | −5,000−100.0% | Sold out |
| Great Waters Wealth Management | 0 | $0 | 0.00% | −4,708−100.0% | Sold out |
| Allianz SE | 0 | $0 | 0.00% | −4,576−100.0% | Sold out |
| Fagan Associates, Inc. | 0 | $0 | 0.00% | −4,325−100.0% | Sold out |
| Fedenia Advisers LLC | 0 | $0 | 0.00% | −4,302−100.0% | Sold out |
| New Century Financial Group, LLC | 0 | $0 | 0.00% | −4,166−100.0% | Sold out |
| Wolverine Trading, LLC | 0 | $0 | 0.00% | −3,518−100.0% | Sold out |
| Boston Private Wealth LLC | 0 | $0 | 0.00% | −3,337−100.0% | Sold out |
| LGT Fund Management Co Ltd. | 0 | $0 | 0.00% | −3,315−100.0% | Sold out |
| Tocqueville Asset Management L.P. | 0 | $0 | 0.00% | −3,211−100.0% | Sold out |
| BlackDiamond Wealth Management Inc. | 0 | $0 | 0.00% | −3,111−100.0% | Sold out |
| Cary Street Partners Financial LLC | 0 | $0 | 0.00% | −2,731−100.0% | Sold out |
| Bridgefront Capital, LLC | 0 | $0 | 0.00% | −2,715−100.0% | Sold out |
| D.B. Root & Company, LLC | 0 | $0 | 0.00% | −2,698−100.0% | Sold out |
| Evergreen Capital Management LLC | 0 | $0 | 0.00% | −2,633−100.0% | Sold out |
| Angeles Investment Advisors, LLC | 0 | $0 | 0.00% | −2,552−100.0% | Sold out |
| First Citizens Bank & Trust Co | 0 | $0 | 0.00% | −2,463−100.0% | Sold out |
| Fulcrum Capital LLC | 0 | $0 | 0.00% | −2,460−100.0% | Sold out |
| Blueshift Asset Management, LLC | 0 | $0 | 0.00% | −2,454−100.0% | Sold out |
| Hilltop Holdings Inc. | 0 | $0 | 0.00% | −2,359−100.0% | Sold out |
| Morningstar Investment Management LLC | 0 | $0 | 0.00% | −2,351−100.0% | Sold out |
| SkyView Investment Advisors, LLC | 0 | $0 | 0.00% | −2,342−100.0% | Sold out |
| Callan Family Office, LLC | 0 | $0 | 0.00% | −2,284−100.0% | Sold out |
| Procyon Private Wealth Partners, LLC | 0 | $0 | 0.00% | −2,272−100.0% | Sold out |
| Belpointe Asset Management LLC | 0 | $0 | 0.00% | −1,881−100.0% | Sold out |
| Callan Capital, LLC | 0 | $0 | 0.00% | −2,104−100.0% | Sold out |
| Net Worth Advisory Group | 0 | $0 | 0.00% | −2,090−100.0% | Sold out |
| M. Kulyk & Associates, LLC | 0 | $0 | 0.00% | −2,088−100.0% | Sold out |
| West Family Investments, Inc. | 0 | $0 | 0.00% | −2,065−100.0% | Sold out |
| Nicholas Hoffman & Company, LLC. | 0 | $0 | 0.00% | −2,038−100.0% | Sold out |
| Trustmark National Bank Trust Department | 0 | $0 | 0.00% | −2,036−100.0% | Sold out |
| RFG - Bristol Wealth Advisors, LLC | 0 | $0 | 0.00% | −2,034−100.0% | Sold out |
| Frank, Rimerman Advisors LLC | 0 | $0 | 0.00% | −2,020−100.0% | Sold out |
| Norris Perne & French LLP | 0 | $0 | 0.00% | −2,015−100.0% | Sold out |
| Goodman Financial Corp | 0 | $0 | 0.00% | −1,998−100.0% | Sold out |
| WSFS Capital Management, LLC | 0 | $0 | 0.00% | −1,976−100.0% | Sold out |
| Pathway Financial Advisers, LLC | 0 | $0 | 0.00% | −1,521−100.0% | Sold out |
| MEAG MUNICH ERGO, Kapitalanlagegesellschaft mbH | 0 | $0 | 0.00% | −1,456−100.0% | Sold out |
| CoreFirst Bank & Trust | 0 | $0 | 0.00% | −903−100.0% | Sold out |
| Kestra Investment Management, LLC | 0 | $0 | 0.00% | −576−100.0% | Sold out |