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.
| 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, Q2 2025
Shares, value and share of portfolio for each institution holding Canadian National Railway Co; share changes are against Q1 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Norges Bank | 5,677,554 | $591.9M | 0.07% | +128,617+2.3% | Added |
| Bank of New York Mellon Corp | 5,713,579 | $594.4M | 0.11% | −6,397,027−52.8% | Reduced |
| Fiera Capital Corp | 5,800,583 | $604.0M | 2.05% | +330,901+6.0% | Added |
| Deutsche Bank AG | 6,054,629 | $629.9M | 0.23% | −101,235−1.6% | Reduced |
| Price T Rowe Associates Inc | 6,166,441 | $641.6M | 0.07% | −472,002−7.1% | Reduced |
| Arrowstreet Capital, Limited Partnership | 6,296,828 | $655.8M | 0.46% | +1,051,977+20.1% | Added |
| Manufacturers Life Insurance Company, The | 6,705,679 | $695.0M | 0.62% | +1,408,978+26.6% | Added |
| National Bank of Canada | 7,454,515 | $775.2M | 0.84% | −125,109−1.7% | Reduced |
| Mackenzie Financial Corp | 8,590,209 | $895.6M | 1.16% | +18,403+0.2% | Added |
| Jarislowsky, Fraser Ltd | 9,241,703 | $961.0M | 5.49% | +25,244+0.3% | Added |
| Capital International Investors | 10,505,583 | $1.09B | 0.19% | −1,049,960−9.1% | Reduced |
| 1832 Asset Management L.P. | 10,622,973 | $1.11B | 1.93% | −620,539−5.5% | Reduced |
| Massachusetts Financial Services Co | 11,823,661 | $1.23B | 0.39% | −298,256−2.5% | Reduced |
| TD Asset Management Inc | 12,072,540 | $1.26B | 1.07% | +273,974+2.3% | Added |
| Caisse de Depot Et Placement du Quebec | 13,737,922 | $1.43B | 3.05% | +1,241,322+9.9% | Added |
| Bank of Montreal | 14,228,768 | $1.48B | 0.75% | −357,059−2.4% | Reduced |
| Wellington Management Group LLP | 22,508,725 | $2.34B | 0.42% | +6,372,688+39.5% | Added |
| TCI Fund Management LtdSuperinvestorTCI Fund Management | 22,989,066 | $2.39B | 4.72% | −3,910,012−14.5% | Reduced |
| Vanguard Group Inc | 23,927,393 | $2.49B | 0.04% | +761,454+3.3% | Added |
| Royal Bank of Canada | 28,151,647 | $2.93B | 0.57% | +1,201,730+4.5% | Added |
| Gates Foundation TrustSuperinvestorGates Foundation Trust | 54,826,786 | $5.70B | 11.94% | 00.0% | Unchanged |
| Encompass Capital Advisors LLC | 0 | $0 | 0.00% | −500,000−100.0% | Sold out |
| Rivulet Capital, LLC | 0 | $0 | 0.00% | −356,600−100.0% | Sold out |
| Holocene Advisors, LP | 0 | $0 | 0.00% | −333,703−100.0% | Sold out |
| Interval Partners, LP | 0 | $0 | 0.00% | −305,601−100.0% | Sold out |
| Walleye Capital LLC | 0 | $0 | 0.00% | −183,216−100.0% | Sold out |
| Capstone Investment Advisors, LLC | 0 | $0 | 0.00% | −162,031−100.0% | Sold out |
| UBS Oconnor LLC | 0 | $0 | 0.00% | −133,975−100.0% | Sold out |
| Cubist Systematic Strategies, LLC | 0 | $0 | 0.00% | −132,793−100.0% | Sold out |
| Moore Capital Management, LP | 0 | $0 | 0.00% | −49,814−100.0% | Sold out |
| Susquehanna International Group, LLP | 0 | $0 | 0.00% | −41,034−100.0% | Sold out |
| Pragma Gestao de Patrimonio Ltd | 0 | $0 | 0.00% | −34,300−100.0% | Sold out |
| Point72 Europe (London) LLP | 0 | $0 | 0.00% | −25,600−100.0% | Sold out |
| Jane Street Group, LLC | 0 | $0 | 0.00% | −23,356−100.0% | Sold out |
| DRW Securities, LLC | 0 | $0 | 0.00% | −20,000−100.0% | Sold out |
| United Services Automobile Association | 0 | $0 | 0.00% | −17,839−100.0% | Sold out |
| SummitTX Capital, L.P. | 0 | $0 | 0.00% | −16,316−100.0% | Sold out |
| Wealthedge Investment Advisors, LLC | 0 | $0 | 0.00% | −15,780−100.0% | Sold out |
| XTX Topco Ltd | 0 | $0 | 0.00% | −14,712−100.0% | Sold out |
| Mitsubishi UFJ Trust & Banking Corp | 0 | $0 | 0.00% | −14,100−100.0% | Sold out |
| Zimmer Partners, LP | 0 | $0 | 0.00% | −11,000−100.0% | Sold out |
| Advisory Resource Group | 0 | $0 | 0.00% | −10,480−100.0% | Sold out |
| SG Americas Securities, LLC | 0 | $0 | 0.00% | −9,729−100.0% | Sold out |
| Sustainable Insight Capital Management, LLC | 0 | $0 | 0.00% | −7,553−100.0% | Sold out |
| Walleye Trading LLC | 0 | $0 | 0.00% | −7,364−100.0% | Sold out |
| PEAK6 LLC | 0 | $0 | 0.00% | −7,253−100.0% | Sold out |
| Militia Capital Partners, LP | 0 | $0 | 0.00% | −19,700−100.0% | Sold out |
| TownSquare Capital, LLC | 0 | $0 | 0.00% | −5,865−100.0% | Sold out |
| One Capital Management, LLC | 0 | $0 | 0.00% | −5,402−100.0% | Sold out |
| Pacer Advisors, Inc. | 0 | $0 | 0.00% | −4,919−100.0% | Sold out |
| Summit Global Investments | 0 | $0 | 0.00% | −4,867−100.0% | Sold out |
| CenterBook Partners LP | 0 | $0 | 0.00% | −4,326−100.0% | Sold out |
| Quantitative Investment Management, LLC | 0 | $0 | 0.00% | −4,217−100.0% | Sold out |
| Voya Investment Management LLC | 0 | $0 | 0.00% | −3,672−100.0% | Sold out |
| Legacy Wealth Management, LLC | 0 | $0 | 0.00% | −3,349−100.0% | Sold out |
| National Asset Management, Inc. | 0 | $0 | 0.00% | −3,192−100.0% | Sold out |
| Entropy Technologies, LP | 0 | $0 | 0.00% | −2,590−100.0% | Sold out |
| Cresset Asset Management, LLC | 0 | $0 | 0.00% | −2,480−100.0% | Sold out |
| Resources Investment Advisors, LLC. | 0 | $0 | 0.00% | −2,375−100.0% | Sold out |
| Journey Strategic Wealth LLC | 0 | $0 | 0.00% | −2,306−100.0% | Sold out |
| Financial Counselors Inc | 0 | $0 | 0.00% | −2,200−100.0% | Sold out |
| Miracle Mile Advisors, LLC | 0 | $0 | 0.00% | −2,182−100.0% | Sold out |
| Stock Yards Bank & Trust Co | 0 | $0 | 0.00% | −2,100−100.0% | Sold out |
| Mirova | 0 | $0 | 0.00% | −1,802−100.0% | Sold out |
| Greykasell Wealth Strategies, Inc. | 0 | $0 | 0.00% | −1,041−100.0% | Sold out |
| Hexagon Capital Partners LLC | 0 | $0 | 0.00% | −1,027−100.0% | Sold out |
| Vermillion Wealth Management, Inc. | 0 | $0 | 0.00% | −1,000−100.0% | Sold out |
| GeoWealth Management, LLC | 0 | $0 | 0.00% | −934−100.0% | Sold out |
| Keener Financial Planning LLC | 0 | $0 | 0.00% | −370−100.0% | Sold out |
| Global Financial Private Client, LLC | 0 | $0 | 0.00% | −248−100.0% | Sold out |
| Stonebridge Financial Group, LLC | 0 | $0 | 0.00% | −204−100.0% | Sold out |
| PFG Private Wealth Management, LLC | 0 | $0 | 0.00% | −200−100.0% | Sold out |
| Carolinas Wealth Consulting LLC | 0 | $0 | 0.00% | −200−100.0% | Sold out |
| Chilton Capital Management LLC | 0 | $0 | 0.00% | −188−100.0% | Sold out |
| Coldstream Capital Management Inc | 0 | $0 | 0.00% | −166−100.0% | Sold out |
| Alpine Bank Wealth Management | 0 | $0 | 0.00% | −163−100.0% | Sold out |
| 1248 Management, LLC | 0 | $0 | 0.00% | −126−100.0% | Sold out |
| Private Wealth Asset Management, LLC | 0 | $0 | 0.00% | −100−100.0% | Sold out |
| Washington Trust Co | 0 | $0 | 0.00% | −52−100.0% | Sold out |
| ESL Trust Services, LLC | 0 | $0 | 0.00% | −39−100.0% | Sold out |
| Anderson Financial Strategies, LLC | 0 | $0 | 0.00% | −38−100.0% | Sold out |
| Continuum Advisory, LLC | 0 | $0 | 0.00% | −26−100.0% | Sold out |
| Quent Capital, LLC | 0 | $0 | 0.00% | −26−100.0% | Sold out |
| POM Investment Strategies, LLC | 0 | $0 | 0.00% | −24−100.0% | Sold out |
| Synergy Investment Management, LLC | 0 | $0 | 0.00% | −19−100.0% | Sold out |
| Global Wealth Strategies & Associates | 0 | $0 | 0.00% | −13−100.0% | Sold out |
| Mattson Financial Services, LLC | 0 | $0 | 0.00% | −13−100.0% | Sold out |
| Aventura Private Wealth, LLC | 0 | $0 | 0.00% | −5−100.0% | Sold out |
| Perkins Coie Trust Co | 0 | $0 | 0.00% | −2−100.0% | Sold out |
| Vision Financial Markets LLC | 0 | $0 | 0.00% | −1−100.0% | Sold out |
| Unigestion Holding SA | – | – | – | – | Not filed |
| Credit Agricole S A | – | – | – | – | Not filed |
| Orion Portfolio Solutions, LLC | – | – | – | – | Not filed |
| Glenmede Trust Co NA | – | – | – | – | Not filed |
| Sabal Trust CO | – | – | – | – | Not filed |
| Schechter Investment Advisors, LLC | – | – | – | – | Not filed |
| CAPROCK Group, Inc. | – | – | – | – | Not filed |
| Financial Network Wealth Management LLC | – | – | – | – | Not filed |
| Lindbrook Capital, LLC | – | – | – | – | Not filed |
| JCIC Asset Management Inc. | – | – | – | – | Not filed |