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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 2025

Institutional positions in Canadian National Railway Co as of Jun 30, 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
821
+9 vs. Q1 2025
Shares held
429.7M
+1.32M (+0.3%) vs. Q1 2025
Total value
$44.8B
+$3.00B (+7.2%) vs. Q1 2025
New holders
78
281 more added
Sold out
69
280 more reduced

12 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: 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 2025: 821 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 2025: $44.8B
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 2025

Shares, value and share of portfolio for each institution holding Canadian National Railway Co; share changes are against Q1 2025.

Institutions holding CNI in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Global Retirement Partners, LLC423$44.0K0.00%+423New
American National Bank450$46.8K0.00%00.0%Unchanged
Private Trust Co NA461$48.0K0.00%00.0%Unchanged
Farmers & Merchants Investments Inc464$48.3K0.00%00.0%Unchanged
Murphy & Mullick Capital Management Corp517$48.3K0.04%00.0%Unchanged
Smartleaf Asset Management LLC468$48.4K0.00%+67+16.7%Added
First Horizon Advisors, Inc.467$48.6K0.00%+19+4.2%Added
Pinnacle Bancorp, Inc.489$50.9K0.02%00.0%Unchanged
Towarzystwo Funduszy Inwestycyjnych Pzu SA500$51.9K0.01%00.0%Unchanged
Clean Yield Group500$52.0K0.02%−50−9.1%Reduced
Principal Securities, Inc.530$55.1K0.00%−960−64.4%Reduced
Fortitude Family Office, LLC531$55.2K0.02%−15−2.7%Reduced
Ronald Blue Trust, Inc.539$56.1K0.00%00.0%Unchanged
Grove Bank & Trust542$56.4K0.01%−7−1.3%Reduced
Cromwell Holdings LLC546$56.8K0.03%00.0%Unchanged
GW&K Investment Management, LLC549$57.0K0.00%−5,247−90.5%Reduced
Massmutual Trust Co FSB558$58.1K0.00%+167+42.7%Added
Dunhill Financial, LLC559$58.2K0.02%−1−0.2%Reduced
SRS Capital Advisors, Inc.582$62.2K0.00%−41−6.6%Reduced
Nalls Sherbakoff Group, LLC600$62.4K0.05%−200−25.0%Reduced
Raffa Wealth Management, LLC611$63.6K0.01%00.0%Unchanged
Valley National Advisers Inc624$64.0K0.01%00.0%Unchanged
TD Private Client Wealth LLC629$65.4K0.00%−75−10.7%Reduced
Skopos Labs, Inc.642$66.8K0.01%+215+50.4%Added
Ritter Daniher Financial Advisory LLC650$67.6K0.02%00.0%Unchanged
Caldwell Trust Co650$67.6K0.01%00.0%Unchanged
Umb Bank N A674$70.1K0.00%−790−54.0%Reduced
Group One Trading, L.P.689$71.7K0.00%−3,289−82.7%Reduced
GAMMA Investing LLC722$75.1K0.00%+4+0.6%Added
Ransom Advisory, Ltd800$83.2K0.04%00.0%Unchanged
Spire Wealth Management800$83.3K0.00%−424−34.6%Reduced
St Germain D J Co Inc850$88.4K0.00%−26−3.0%Reduced
Nemes Rush Group LLC887$92.3K0.01%+24+2.8%Added
Acadian Asset Management LLC900$93.0K0.00%−10,600−92.2%Reduced
Colonial Trust Advisors900$93.6K0.01%00.0%Unchanged
CoreFirst Bank & Trust903$93.9K0.05%+903New
Creative Financial Designs Inc929$96.7K0.01%+110+13.4%Added
West Branch Capital LLC950$98.8K0.03%00.0%Unchanged
SBI Securities Co., Ltd.967$100.6K0.00%+22+2.3%Added
Ameritas Advisory Services, LLC974$101.3K0.01%+974New
Heritage Wealth Advisors1,065$110.8K0.01%−666−38.5%Reduced
EverSource Wealth Advisors, LLC1,118$116.3K0.01%+383+52.1%Added
1620 Investment Advisors, Inc.1,138$118.4K0.08%00.0%Unchanged
South State Corp.1,152$119.9K0.01%00.0%Unchanged
Plante Moran Financial Advisors, LLC1,181$122.9K0.01%00.0%Unchanged
Brown Brothers Harriman & Co1,242$129.2K0.00%+39+3.2%Added
Whittier Trust Co1,271$132.2K0.00%+39+3.2%Added
Cheviot Value Management, LLC1,450$134.2K0.02%00.0%Unchanged
Monetary Management Group Inc2,000$139.5K0.03%00.0%Unchanged
Rosenberg Matthew Hamilton1,347$140.1K0.03%+182+15.6%Added
Gen-Wealth Partners Inc1,378$143.4K0.06%00.0%Unchanged
Lazard Asset Management LLC1,401$145.0K0.00%00.0%Unchanged
AlphaCore Capital LLC1,395$145.1K0.01%+1,395New
AdvisorNet Financial, Inc1,447$150.5K0.01%+32+2.3%Added
Parkside Financial Bank & Trust1,456$151.5K0.02%+80+5.8%Added
Mirae Asset Global ETFs Holdings Ltd.1,473$153.2K0.00%+960+187.1%Added
Optimum Investment Advisors1,567$163.0K0.07%00.0%Unchanged
Trust Co of Toledo NA1,598$166.3K0.02%+1,598New
Oakworth Capital, Inc.1,600$166.5K0.01%−800−33.3%Reduced
Larson Financial Group LLC1,693$176.1K0.01%+147+9.5%Added
BI Asset Management Fondsmaeglerselskab A/S1,721$179.0K0.00%−1,831−51.5%Reduced
Abound Wealth Management1,753$182.4K0.05%00.0%Unchanged
First Eagle Investment Management, LLC1,765$184.0K0.00%00.0%Unchanged
CVA Family Office, LLC1,910$198.7K0.03%−10−0.5%Reduced
Diversified Trust Co1,939$201.7K0.00%−622−24.3%Reduced
Schnieders Capital Management LLC1,939$201.7K0.04%+1,939New
Parallel Advisors, LLC1,956$203.5K0.00%+607+45.0%Added
D'Orazio & Associates, Inc.1,959$203.8K0.03%+1,959New
Sky Investment Group LLC1,960$203.9K0.04%+1,960New
Summit Financial, LLC1,969$204.8K0.00%+1,969New
Belpointe Asset Management LLC1,978$205.8K0.01%+1,978New
SkyView Investment Advisors, LLC1,997$207.0K0.03%+1,997New
Goodman Financial Corp1,998$207.9K0.04%+1,998New
Neville Rodie & Shaw Inc2,000$208.0K0.02%+2,000New
Ballentine Partners, LLC2,008$208.9K0.00%−348−14.8%Reduced
Bridgewater Advisors Inc.2,198$209.3K0.02%−39−1.7%Reduced
PFG Investments, LLC2,014$209.6K0.01%−160−7.4%Reduced
Wealthcare Advisory Partners LLC2,034$211.6K0.00%−636−23.8%Reduced
RFG - Bristol Wealth Advisors, LLC2,034$211.6K0.07%+2,034New
Net Worth Advisory Group2,036$211.8K0.05%+2,036New
Trustmark National Bank Trust Department2,036$211.8K0.01%+2,036New
Wesbanco Bank Inc2,038$212.0K0.01%−198−8.9%Reduced
Nicholas Hoffman & Company, LLC.2,038$212.0K0.01%+2,038New
Blueshift Asset Management, LLC2,038$212.0K0.07%+2,038New
Cascades Capital Asset Management, LLC2,043$212.6K0.11%00.0%Unchanged
Chicago Partners Investment Group LLC2,212$212.9K0.01%+25+1.1%Added
Strategy Asset Managers LLC2,054$213.7K0.04%00.0%Unchanged
KCM Investment Advisors LLC2,055$213.8K0.01%00.0%Unchanged
Tobam1,505$214.0K0.08%−199−11.7%Reduced
Burt Wealth Advisors2,068$215.2K0.05%00.0%Unchanged
Atria Wealth Solutions, Inc.2,059$215.6K0.00%−3,121−60.3%Reduced
Ethic Inc.2,096$216.6K0.00%−15−0.7%Reduced
Brookstone Capital Management2,094$217.8K0.00%+2,094New
Radnor Capital Management, LLC2,100$218.0K0.03%00.0%Unchanged
Versant Capital Management, Inc2,101$218.6K0.03%+85+4.2%Added
Forum Financial Management, LP2,143$223.0K0.00%−5,912−73.4%Reduced
CVFG LLC2,154$224.1K0.18%00.0%Unchanged
Great Valley Advisor Group, Inc.2,155$224.2K0.00%00.0%Unchanged
Retirement Planning Group2,158$224.5K0.01%+12+0.6%Added
Brucke Financial, Inc.2,163$225.0K0.16%+21+1.0%Added