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 2025
Institutional positions in Canadian National Railway Co as of Sep 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
- 758
- −48 vs. Q2 2025
- Shares held
- 411.6M
- −10.5M (−2.5%) vs. Q2 2025
- Total value
- $38.9B
- −$5.14B (−11.7%) vs. Q2 2025
- New holders
- 54
- 243 more added
- Sold out
- 102
- 292 more reduced
15 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 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, Q3 2025
Shares, value and share of portfolio for each institution holding Canadian National Railway Co; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vontobel Holding Ltd. | 5,066 | $477.6K | 0.00% | −625−11.0% | Reduced |
| Kestra Advisory Services, LLC | 5,075 | $478.6K | 0.00% | −2,008−28.3% | Reduced |
| Banque Cantonale Vaudoise | 5,110 | $482.0K | 0.02% | +2,412+89.4% | Added |
| Eagle Bay Advisors LLC | 5,117 | $482.5K | 0.38% | 00.0% | Unchanged |
| Quantbot Technologies LP | 5,117 | $482.5K | 0.01% | +872+20.5% | Added |
| Rede Wealth, LLC | 5,117 | $482.5K | 0.38% | +5,117 | New |
| Rhumbline Advisers | 5,184 | $488.8K | 0.00% | −1,437−21.7% | Reduced |
| Natural Investments, LLC | 5,208 | $491.0K | 0.12% | +75+1.5% | Added |
| Arkadios Wealth Advisors | 5,215 | $491.7K | 0.01% | +1,169+28.9% | Added |
| Meridian Wealth Management, LLC | 5,224 | $492.6K | 0.02% | +101+2.0% | Added |
| Mountain Pacific Investment Advisers Inc | 5,250 | $495.1K | 0.08% | 00.0% | Unchanged |
| United Capital Financial Advisers, LLC | 5,268 | $496.8K | 0.00% | +85+1.6% | Added |
| First Financial Bank - Trust Division | 5,339 | $503.5K | 0.04% | −1,073−16.7% | Reduced |
| GSB Wealth Management, LLC | 5,359 | $505.3K | 0.11% | +12+0.2% | Added |
| Farther Finance Advisors, LLC | 5,388 | $508.1K | 0.01% | +28+0.5% | Added |
| First Pacific Financial | 5,443 | $513.3K | 0.07% | −5−0.1% | Reduced |
| Assetmark, Inc | 5,576 | $525.8K | 0.00% | +486+9.5% | Added |
| Callan Family Office, LLC | 5,656 | $533.4K | 0.02% | +349+6.6% | Added |
| MML Investors Services, LLC | 5,668 | $534.5K | 0.00% | −268−4.5% | Reduced |
| HM Payson & Co | 5,687 | $536.3K | 0.01% | 00.0% | Unchanged |
| Westwood Holdings Group Inc. | 5,715 | $539.0K | 0.00% | +1,096+23.7% | Added |
| Moors & Cabot, Inc. | 5,737 | $541.0K | 0.02% | −400−6.5% | Reduced |
| Vise Technologies, Inc. | 5,743 | $541.6K | 0.02% | −1,520−20.9% | Reduced |
| Haverford Trust Co | 5,773 | $544.4K | 0.00% | −1,694−22.7% | Reduced |
| First Affirmative Financial Network | 5,801 | $547.1K | 0.26% | +574+11.0% | Added |
| Linden Thomas Advisory Services, LLC | 5,986 | $564.5K | 0.06% | +447+8.1% | Added |
| M&T Bank Corp | 6,002 | $566.3K | 0.00% | −627−9.5% | Reduced |
| Venturi Wealth Management, LLC | 6,007 | $566.5K | 0.03% | −689−10.3% | Reduced |
| Warren Averett Asset Management, LLC | 6,008 | $566.6K | 0.01% | −53−0.9% | Reduced |
| Affinity Capital Advisors, LLC | 6,000 | $566.8K | 0.09% | 00.0% | Unchanged |
| Stonehage Fleming Financial Services Holdings Ltd | 6,019 | $567.6K | 0.02% | 00.0% | Unchanged |
| Valmark Advisers, Inc. | 6,114 | $576.5K | 0.01% | −324−5.0% | Reduced |
| Yousif Capital Management, LLC | 6,226 | $587.1K | 0.01% | 00.0% | Unchanged |
| LVM Capital Management Ltd | 6,300 | $594.0K | 0.06% | 00.0% | Unchanged |
| Tempus Wealth Planning, LLC | 6,312 | $595.2K | 0.14% | −141−2.2% | Reduced |
| Ethic Inc. | 6,377 | $601.4K | 0.01% | +4,281+204.2% | Added |
| Bessemer Group Inc | 6,473 | $610.0K | 0.00% | −41,358−86.5% | Reduced |
| Corient IA LLC | 6,500 | $613.0K | 0.46% | 00.0% | Unchanged |
| Foundations Investment Advisors, LLC | 7,014 | $661.4K | 0.01% | +128+1.9% | Added |
| Atria Investments LLC | 7,078 | $667.5K | 0.01% | −954−11.9% | Reduced |
| Roberts Glore & Co Inc | 7,123 | $671.7K | 0.18% | −110−1.5% | Reduced |
| Rathbone Brothers plc | 7,155 | $674.9K | 0.00% | 00.0% | Unchanged |
| HRT Financial LP | 7,174 | $676.0K | 0.00% | +2,066+40.4% | Added |
| NBT Bank N A | 7,301 | $688.5K | 0.04% | −545−6.9% | Reduced |
| Signaturefd, LLC | 7,456 | $703.1K | 0.01% | −2,871−27.8% | Reduced |
| RS Crum Inc. | 7,490 | $706.3K | 0.16% | −168−2.2% | Reduced |
| Kestra Private Wealth Services, LLC | 7,592 | $716.0K | 0.01% | +202+2.7% | Added |
| Advisors Asset Management, Inc. | 7,685 | $724.7K | 0.01% | −467−5.7% | Reduced |
| Citadel Investment Advisory, Inc. | 7,711 | $727.0K | 0.33% | 00.0% | Unchanged |
| Wealthedge Investment Advisors, LLC | 7,732 | $729.1K | 0.28% | +7,732 | New |
| Baxter Bros Inc | 7,821 | $737.5K | 0.09% | +821+11.7% | Added |
| State of Wyoming | 7,906 | $745.7K | 0.08% | −3,050−27.8% | Reduced |
| Essex Financial Services, Inc. | 8,006 | $755.0K | 0.05% | +161+2.1% | Added |
| Texas Yale Capital Corp. | 8,007 | $755.1K | 0.02% | +8,007 | New |
| Cypress Asset Management Inc | 8,013 | $755.6K | 0.17% | −195−2.4% | Reduced |
| Mayflower Financial Advisors, LLC | 8,176 | $771.0K | 0.10% | −501−5.8% | Reduced |
| Patten Group, Inc. | 8,212 | $774.4K | 0.15% | −1,847−18.4% | Reduced |
| Credit Agricole S A | 8,395 | $791.6K | 0.00% | +8,395 | New |
| Virtu Financial LLC | 8,510 | $802.0K | 0.04% | +3,641+74.8% | Added |
| King Luther Capital Management Corp | 8,595 | $810.5K | 0.00% | 00.0% | Unchanged |
| Thoroughbred Financial Services, LLC | 8,711 | $821.0K | 0.05% | −1,178−11.9% | Reduced |
| Baldwin Brothers Inc | 8,710 | $821.4K | 0.05% | −18−0.2% | Reduced |
| Harvest Portfolios Group Inc. | 8,879 | $837.3K | 0.02% | −12−0.1% | Reduced |
| Carret Asset Management, LLC | 8,900 | $839.3K | 0.08% | −1,900−17.6% | Reduced |
| Carlson Capital L P | 8,900 | $839.3K | 0.48% | +4,000+81.6% | Added |
| Mystic Asset Management, Inc. | 9,000 | $848.7K | 0.19% | 00.0% | Unchanged |
| Cherokee Insurance Co | 9,000 | $848.7K | 0.36% | 00.0% | Unchanged |
| Vestmark Advisory Solutions, Inc. | 9,047 | $853.1K | 0.02% | −73−0.8% | Reduced |
| GWM Advisors LLC | 9,093 | $857.5K | 0.00% | +934+11.4% | Added |
| Jones Financial Companies LLLP | 9,376 | $872.0K | 0.00% | +1,776+23.4% | Added |
| Kayne Anderson Rudnick Investment Management LLC | 9,251 | $872.4K | 0.00% | +1,255+15.7% | Added |
| Bristol Gate Capital Partners Inc. | 9,261 | $873.5K | 0.05% | −609−6.2% | Reduced |
| MAI Capital Management | 9,497 | $895.5K | 0.01% | +6,564+223.8% | Added |
| Regions Financial Corp | 9,545 | $900.1K | 0.01% | +54+0.6% | Added |
| Atwater Malick LLC | 9,547 | $900.2K | 0.26% | −60,903−86.4% | Reduced |
| Mercer Global Advisors Inc | 9,575 | $902.9K | 0.00% | −732−7.1% | Reduced |
| Cigna Investments Inc | 9,591 | $904.0K | 0.13% | 00.0% | Unchanged |
| Ridgewood Investments LLC | 9,715 | $916.1K | 0.39% | +5,352+122.7% | Added |
| River Road Asset Management, LLC | 9,774 | $921.7K | 0.01% | −1,634−14.3% | Reduced |
| Capital Group Investment Management Pte. Ltd. | 9,778 | $922.3K | 0.15% | 00.0% | Unchanged |
| Davenport & Co LLC | 9,785 | $922.7K | 0.00% | −175−1.8% | Reduced |
| Private Advisor Group, LLC | 9,906 | $934.2K | 0.00% | −41−0.4% | Reduced |
| Novem Group | 9,950 | $938.4K | 0.11% | +298+3.1% | Added |
| Kathmere Capital Management, LLC | 10,058 | $948.5K | 0.07% | −4,084−28.9% | Reduced |
| Sumitomo Life Insurance Co | 10,066 | $949.2K | 0.03% | −368−3.5% | Reduced |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 10,066 | $949.2K | 0.01% | −368−3.5% | Reduced |
| Union Heritage Capital, LLC | 10,126 | $954.9K | 0.31% | 00.0% | Unchanged |
| BCM Advisors, LLC | 10,136 | $960.2K | 0.19% | 00.0% | Unchanged |
| Avalon Trust Co | 10,200 | $961.9K | 0.06% | −400−3.8% | Reduced |
| Wahed Invest LLC | 10,329 | $974.3K | 0.13% | +1,416+15.9% | Added |
| Barnett & Company, Inc. | 10,422 | $982.8K | 0.76% | 00.0% | Unchanged |
| Quadrant Capital Group LLC | 10,597 | $999.3K | 0.03% | −925−8.0% | Reduced |
| Oppenheimer & Co Inc | 10,615 | $1.00M | 0.01% | −11,328−51.6% | Reduced |
| Hancock Whitney Corp | 10,896 | $1.03M | 0.02% | −56−0.5% | Reduced |
| ARS Investment Partners, LLC | 10,938 | $1.03M | 0.07% | −5,477−33.4% | Reduced |
| Marshall Financial Group LLC | 11,009 | $1.04M | 0.20% | +533+5.1% | Added |
| NewEdge Wealth, LLC | 10,814 | $1.04M | 0.01% | +514+5.0% | Added |
| Man Group plc | 11,043 | $1.04M | 0.00% | −72,857−86.8% | Reduced |
| Salem Investment Counselors Inc | 11,075 | $1.04M | 0.03% | 00.0% | Unchanged |
| Ritholtz Wealth Management | 11,218 | $1.06M | 0.02% | −622−5.3% | Reduced |