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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
Motley Fool Wealth Management, LLC74,527$7.75M0.47%+11,053+17.4%Added
Dillon & Associates Inc74,528$7.75M1.05%+630+0.9%Added
Jennison Associates LLC74,289$7.73M0.00%−68,924−48.1%Reduced
Kornitzer Capital Management Inc73,998$7.70M0.16%−20,000−21.3%Reduced
Heronetta Management, L.P.53,400$7.58M4.22%00.0%Unchanged
Franklin, Parlapiano, Turner & Welch, LLC72,784$7.57M1.98%+4,453+6.5%Added
Patten & Patten Inc72,472$7.54M0.49%−4,329−5.6%Reduced
US Bancorp71,695$7.46M0.01%−13,981−16.3%Reduced
The PNC Financial Services Group, Inc.70,968$7.38M0.00%+1,538+2.2%Added
Atwater Malick LLC70,450$7.33M2.32%−824−1.2%Reduced
Puzo Michael J70,271$7.31M2.08%−6,318−8.2%Reduced
MEAG MUNICH ERGO, Kapitalanlagegesellschaft mbH69,759$7.25M0.20%+69,759New
Lorne Steinberg Wealth Management Inc.67,380$7.03M1.83%+921+1.4%Added
Rothschild & Co Wealth Management UK Ltd62,510$6.50M0.10%+2,922+4.9%Added
Utah Retirement Systems62,397$6.49M0.07%00.0%Unchanged
Magnetar Financial LLC62,287$6.48M0.03%+62,287New
Generali Asset Management SPA SGR43,092$6.11M0.14%+7,824+22.2%Added
Reynders McVeigh Capital Management, LLC57,722$6.00M0.30%−13,171−18.6%Reduced
KWMG, LLC57,559$5.99M0.56%+2,355+4.3%Added
Kidder Stephen W56,459$5.87M1.77%−4,654−7.6%Reduced
Motley Fool Asset Management LLC55,653$5.79M0.27%−1,030−1.8%Reduced
Immersion Capital LLP53,634$5.58M5.61%−35,600−39.9%Reduced
Public Sector Pension Investment Board53,487$5.56M0.02%+100+0.2%Added
Capital International Ltd52,894$5.51M0.21%+613+1.2%Added
Janus Henderson Group PLC52,805$5.49M0.00%−2,472−4.5%Reduced
Maryland State Retirement & Pension System52,154$5.44M0.12%00.0%Unchanged
White Pine Investment CO52,234$5.43M1.36%+155+0.3%Added
Gold Investment Management Ltd.51,016$5.32M2.00%+694+1.4%Added
Sterling Investment Management, Inc.50,803$5.29M3.50%−226−0.4%Reduced
Sienna Gestion55,300$5.25M0.36%+5,500+11.0%Added
Ninety One SA (PTY) Ltd49,410$5.14M0.84%−1,793−3.5%Reduced
Brown, Lisle/Cummings, Inc.49,248$5.12M1.36%00.0%Unchanged
Stokes Capital Advisors, LLC48,098$5.00M1.23%−4,300−8.2%Reduced
Bessemer Group Inc47,831$4.97M0.01%−30,396−38.9%Reduced
Quantinno Capital Management LP47,666$4.96M0.02%+14,308+42.9%Added
Delaney Dennis R47,077$4.90M2.51%−3,130−6.2%Reduced
Victory Capital Management Inc45,600$4.86M0.00%+45,600New
Blair William & Co45,746$4.76M0.01%−158−0.3%Reduced
Stamos Capital Partners, L.P.45,555$4.74M0.85%+10,326+29.3%Added
Ontario Teachers Pension Plan Board44,510$4.64M0.10%+2,973+7.2%Added
Letson Investment Management, Inc.43,976$4.58M1.81%−363−0.8%Reduced
Private Capital Advisors, Inc.43,074$4.48M0.55%−720−1.6%Reduced
Cetera Investment Advisers42,560$4.43M0.01%−8,190−16.1%Reduced
PCJ Investment Counsel Ltd.41,460$4.32M1.48%+20,500+97.8%Added
New York State Common Retirement Fund40,778$4.24M0.01%+4,376+12.0%Added
Azzad Asset Management Inc39,112$4.07M0.44%+969+2.5%Added
Sheets Smith Wealth Management39,025$4.06M0.48%00.0%Unchanged
Davis-Rea Ltd.38,212$3.97M0.98%+2,400+6.7%Added
Adviser Investments LLC38,121$3.97M0.05%−1,093−2.8%Reduced
Hohimer Wealth Management, LLC36,796$3.83M0.68%−433−1.2%Reduced
Ausbil Investment Management Ltd36,632$3.81M2.23%+36,632New
Mediolanum International Funds Ltd36,262$3.76M0.05%−13,208−26.7%Reduced
Bowen Hanes & Co Inc35,996$3.75M0.09%−3,906−9.8%Reduced
Pittenger & Anderson Inc35,735$3.72M0.14%00.0%Unchanged
Ensign Peak Advisors, Inc35,400$3.68M0.01%−1,200−3.3%Reduced
Commonwealth Equity Services, LLC35,071$3.65M0.00%−10,575−23.2%Reduced
Lawson Kroeker Investment Management Inc34,343$3.57M0.66%−337−1.0%Reduced
Edmond de Rothschild Holding S.A.34,192$3.55M0.06%+2,007+6.2%Added
Investment Management Corp of Ontario33,530$3.49M0.05%−1,800−5.1%Reduced
Y-Intercept (Hong Kong) Ltd33,501$3.49M0.09%+33,501New
Notis-McConarty Edward33,457$3.48M1.70%−7,221−17.8%Reduced
Orion Investment Co33,294$3.46M1.23%−800−2.3%Reduced
Azimuth Capital Investment Management LLC33,289$3.46M0.13%−120−0.4%Reduced
Westerkirk Capital Inc.33,140$3.45M0.43%+33,140New
Act Two Investors LLC33,020$3.44M0.70%00.0%Unchanged
Huntington National Bank32,682$3.40M0.02%−2,342−6.7%Reduced
Shell Asset Management Co32,332$3.36M0.12%+11,259+53.4%Added
Founders Capital Management, LLC32,056$3.34M0.57%+32,056New
Avantax Advisory Services, Inc.31,916$3.32M0.02%+3,794+13.5%Added
Advisor Group Holdings, Inc.31,334$3.26M0.01%+1,482+5.0%Added
Smithbridge Asset Management Inc30,630$3.19M0.56%−317−1.0%Reduced
Logan Capital Management Inc29,754$3.10M0.14%+3,268+12.3%Added
Clearstead Advisors, LLC29,439$3.06M0.04%00.0%Unchanged
Strong Tower Advisory Services29,396$3.06M0.60%+854+3.0%Added
Reaves W H & Co Inc29,208$3.04M0.07%−515−1.7%Reduced
Patrick Mauro Investment Advisor, INC.30,372$2.90M1.64%+1,127+3.9%Added
Groupama Asset Managment20,435$2.89M0.05%−499−2.4%Reduced
Elefante Mark B26,943$2.80M2.11%−1,810−6.3%Reduced
Lido Advisors, LLC26,466$2.75M0.01%−3,077−10.4%Reduced
Banque de Luxembourg S.A.26,841$2.75M1.57%−98−0.4%Reduced
Gulf International Bank (UK) Ltd26,294$2.74M0.10%−4,722−15.2%Reduced
Allianz Asset Management GmbH25,330$2.63M0.00%−5,274−17.2%Reduced
FineMark National Bank & Trust24,903$2.59M0.09%+281+1.1%Added
Intech Investment Management LLC24,913$2.59M0.02%−24,832−49.9%Reduced
Keybank National Association24,418$2.54M0.01%−222−0.9%Reduced
Summerhill Capital Management lnc.24,380$2.54M2.84%−183−0.7%Reduced
Pacifica Partners Inc.24,033$2.49M1.01%+3,515+17.1%Added
Natixis23,653$2.46M0.01%−108,999−82.2%Reduced
Pekin Hardy Strauss, Inc.23,550$2.45M0.28%00.0%Unchanged
Dempze Nancy E23,355$2.43M1.40%−1,541−6.2%Reduced
Petredis Investment Advisors LLC23,233$2.42M0.21%+142+0.6%Added
Williams Jones Wealth Management, LLC.22,949$2.39M0.03%−500−2.1%Reduced
Wealth Enhancement Advisory Services, LLC22,365$2.38M0.00%−1,532−6.4%Reduced
Coronation Fund Managers Ltd.22,811$2.37M0.13%−3,962−14.8%Reduced
JustInvest LLC22,809$2.37M0.03%+5,836+34.4%Added
Fiduciary Trust Co22,710$2.36M0.03%−3,599−13.7%Reduced
Hillsdale Investment Management Inc.22,477$2.34M0.09%−11,895−34.6%Reduced
HighTower Advisors, LLC22,439$2.33M0.00%−91,964−80.4%Reduced
Capital World Investors22,085$2.30M0.00%+9,891+81.1%Added
Oppenheimer & Co Inc21,943$2.28M0.03%−4,415−16.8%Reduced