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 |
|---|---|---|---|---|---|
| Louisbourg Investments Inc. | 302,143 | $28.5M | 6.22% | +9,729+3.3% | Added |
| Pictet Asset Management Holding SA | 299,085 | $28.2M | 0.03% | −58,794−16.4% | Reduced |
| Ycg, LLC | 291,786 | $27.5M | 2.07% | +8,026+2.8% | Added |
| Bank of Nova Scotia Trust Co | 273,754 | $25.8M | 2.40% | +7,489+2.8% | Added |
| Capital International Inc | 271,114 | $25.6M | 0.20% | −23,595−8.0% | Reduced |
| Citigroup Inc | 262,863 | $24.8M | 0.02% | +100,629+62.0% | Added |
| Renaissance Technologies LLC | 250,400 | $23.6M | 0.03% | −315,500−55.8% | Reduced |
| American Century Companies Inc | 250,347 | $23.6M | 0.01% | +46,218+22.6% | Added |
| Neuberger Berman Group LLC | 246,297 | $23.2M | 0.02% | +900+0.4% | Added |
| Natixis Advisors, L.P. | 245,476 | $23.1M | 0.03% | −26,948−9.9% | Reduced |
| Van Eck Associates Corp | 240,244 | $22.7M | 0.02% | +21,831+10.0% | Added |
| Guardian Partners Inc. | 237,954 | $22.5M | 1.91% | +1,823+0.8% | Added |
| DKRT Investments Corp. | 235,000 | $22.2M | 5.32% | 00.0% | Unchanged |
| Qube Research & Technologies Ltd | 234,740 | $22.1M | 0.03% | −364,289−60.8% | Reduced |
| Envestnet Asset Management Inc | 230,587 | $21.7M | 0.01% | −34,426−13.0% | Reduced |
| Raymond James Financial Inc | 229,736 | $21.7M | 0.01% | −36,763−13.8% | Reduced |
| Bridgewater Associates, LP | 203,220 | $19.2M | 0.08% | +24,930+14.0% | Added |
| Rempart Asset Management Inc. | 202,947 | $19.2M | 3.54% | +3,641+1.8% | Added |
| Mn Services Vermogensbeheer B.V. | 202,060 | $19.1M | 0.12% | +2,600+1.3% | Added |
| Criteria Caixa, S.A.U. | 201,600 | $19.0M | 2.23% | 00.0% | Unchanged |
| Montrusco Bolton Investments Inc. | 200,189 | $18.9M | 0.22% | −65,808−24.7% | Reduced |
| Nicola Wealth Management Ltd. | 198,800 | $18.7M | 1.67% | +24,200+13.9% | Added |
| Cobblestone Capital Advisors LLC | 192,355 | $18.1M | 0.87% | +513+0.3% | Added |
| Twin Tree Management, LP | 192,278 | $18.1M | 0.85% | −113,187−37.1% | Reduced |
| Banque Transatlantique SA | 191,740 | $18.1M | 0.44% | −20,246−9.6% | Reduced |
| Barclays PLC | 186,479 | $17.6M | 0.01% | +35,044+23.1% | Added |
| Aviso Financial Inc. | 183,692 | $17.3M | 0.70% | +8,591+4.9% | Added |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 180,901 | $17.1M | 0.02% | −40,991−18.5% | Reduced |
| Wells Fargo & Company | 178,082 | $16.8M | 0.00% | +4,572+2.6% | Added |
| Windward Capital Management Co | 177,386 | $16.7M | 1.33% | −1,053−0.6% | Reduced |
| Osher Van de Voorde Investment Management | 174,217 | $16.4M | 3.57% | −910−0.5% | Reduced |
| Picton Mahoney Asset Management | 174,203 | $16.4M | 0.21% | −48,654−21.8% | Reduced |
| State Street Corp | 168,472 | $15.9M | 0.00% | −30,200−15.2% | Reduced |
| Lighthouse Investment Partners, LLC | 158,799 | $15.0M | 0.54% | +158,799 | New |
| SIG North Trading, ULC | 156,470 | $14.8M | 2.27% | +70,660+82.3% | Added |
| Foresight Global Investors, Inc. | 155,604 | $14.7M | 8.71% | +1,109+0.7% | Added |
| Verity & Verity, LLC | 155,269 | $14.6M | 1.17% | +61,489+65.6% | Added |
| Hemenway Trust Co LLC | 154,132 | $14.5M | 1.11% | −23,664−13.3% | Reduced |
| First Long Island Investors, LLC | 152,200 | $14.4M | 1.07% | −35,028−18.7% | Reduced |
| Coleford Investment Management Ltd. | 147,516 | $13.9M | 3.34% | −2,190−1.5% | Reduced |
| Crossmark Global Holdings, Inc. | 145,002 | $13.7M | 0.20% | +525+0.4% | Added |
| Varma Mutual Pension Insurance Co | 144,146 | $13.6M | 0.09% | +18,600+14.8% | Added |
| Choate Investment Advisors | 139,182 | $13.1M | 0.27% | −3,584−2.5% | Reduced |
| Great Lakes Advisors, LLC | 137,196 | $12.9M | 0.11% | −13,330−8.9% | Reduced |
| Erste Asset Management GmbH | 130,164 | $12.7M | 0.12% | +124,893+2,369.4% | Added |
| Papp L Roy & Associates | 134,589 | $12.7M | 1.43% | −3,603−2.6% | Reduced |
| Vident Advisory, LLC | 131,495 | $12.4M | 0.12% | +7,790+6.3% | Added |
| Cerity Partners LLC | 128,203 | $12.1M | 0.02% | +1,784+1.4% | Added |
| LGT Group Foundation | 126,125 | $11.9M | 0.14% | +8,405+7.1% | Added |
| Silvercrest Asset Management Group LLC | 126,071 | $11.9M | 0.08% | +3,109+2.5% | Added |
| Cardinal Point Capital Management, ULC | 124,426 | $11.7M | 0.82% | +27,857+28.8% | Added |
| Pinnacle Associates Ltd | 120,584 | $11.4M | 0.15% | −7,455−5.8% | Reduced |
| Lansforsakringar Fondforvaltning AB (publ) | 118,862 | $11.2M | 0.06% | +8,490+7.7% | Added |
| Somerville Kurt F | 118,740 | $11.2M | 1.85% | −6,190−5.0% | Reduced |
| AXA Investment Managers S.A. | 115,487 | $10.9M | 0.03% | +115,487 | New |
| Rockefeller Capital Management L.P. | 112,784 | $10.6M | 0.02% | −1,898−1.7% | Reduced |
| Janney Montgomery Scott LLC | 112,407 | $10.6M | 0.03% | +1,511+1.4% | Added |
| Hendershot Investments Inc. | 111,570 | $10.5M | 1.32% | −785−0.7% | Reduced |
| Forsta Ap-Fonden | 111,000 | $10.5M | 0.06% | +7,000+6.7% | Added |
| Royal London Asset Management Ltd | 110,018 | $10.4M | 0.02% | −4,410−3.9% | Reduced |
| Act Two Investors LLC | 107,697 | $10.2M | 1.80% | +74,677+226.2% | Added |
| LPL Financial LLC | 105,627 | $9.96M | 0.00% | +1,233+1.2% | Added |
| Swiss Life Asset Management Ltd | 104,134 | $9.83M | 0.05% | +10,433+11.1% | Added |
| Northstar Asset Management Inc | 101,303 | $9.55M | 2.48% | +4,017+4.1% | Added |
| Polar Asset Management Partners Inc. | 100,000 | $9.43M | 0.19% | −3,000−2.9% | Reduced |
| USS Investment Management Ltd | 99,638 | $9.39M | 0.05% | 00.0% | Unchanged |
| Union Bancaire Privee, UBP SA | 47,620 | $8.94M | 0.18% | +4,596+10.7% | Added |
| Banco Bilbao Vizcaya Argentaria, S.A. | 93,400 | $8.81M | 0.07% | +11,820+14.5% | Added |
| Capital International Sarl | 92,695 | $8.74M | 0.15% | +4,314+4.9% | Added |
| Mariner, LLC | 90,862 | $8.57M | 0.01% | −2,147−2.3% | Reduced |
| Bradley Foster & Sargent Inc | 87,454 | $8.25M | 0.12% | −7,338−7.7% | Reduced |
| Capital Group Private Client Services, Inc. | 85,995 | $8.11M | 0.14% | −144,671−62.7% | Reduced |
| Ravenstone Capital Management Inc. | 85,706 | $8.09M | 3.96% | +2,032+2.4% | Added |
| Citadel Advisors LLC | 85,701 | $8.08M | 0.01% | +81,830+2,113.9% | Added |
| Skandinaviska Enskilda Banken AB (publ) | 84,075 | $7.93M | 0.03% | −6,343−7.0% | Reduced |
| Lorne Steinberg Wealth Management Inc. | 83,095 | $7.83M | 1.89% | +15,715+23.3% | Added |
| Weybosset Research & Management LLC | 81,919 | $7.72M | 2.49% | −2,850−3.4% | Reduced |
| Verition Fund Management LLC | 78,715 | $7.42M | 0.04% | −12,338−13.6% | Reduced |
| Callahan Advisors, LLC | 78,010 | $7.36M | 0.62% | −28,715−26.9% | Reduced |
| Claret Asset Management Corp | 77,910 | $7.35M | 0.88% | +61,080+362.9% | Added |
| Police & Firemen's Retirement System of New Jersey | 77,324 | $7.29M | 0.06% | −10,329−11.8% | Reduced |
| JLB & Associates Inc | 77,203 | $7.28M | 0.96% | −1,395−1.8% | Reduced |
| Broderick Brian C | 76,862 | $7.25M | 1.38% | −1,598−2.0% | Reduced |
| Principal Financial Group Inc | 75,600 | $7.13M | 0.00% | −47,700−38.7% | Reduced |
| Heronetta Management, L.P. | 53,400 | $7.01M | 3.84% | 00.0% | Unchanged |
| Generali Asset Management SPA SGR | 53,319 | $7.00M | 0.15% | +10,227+23.7% | Added |
| Jennison Associates LLC | 74,086 | $6.99M | 0.00% | −203−0.3% | Reduced |
| Kornitzer Capital Management Inc | 73,998 | $6.98M | 0.14% | 00.0% | Unchanged |
| Dillon & Associates Inc | 73,843 | $6.94M | 0.89% | −685−0.9% | Reduced |
| Franklin, Parlapiano, Turner & Welch, LLC | 73,060 | $6.89M | 1.74% | +276+0.4% | Added |
| Patten & Patten Inc | 71,056 | $6.70M | 0.39% | −1,416−2.0% | Reduced |
| The PNC Financial Services Group, Inc. | 70,697 | $6.67M | 0.00% | −271−0.4% | Reduced |
| Creative Planning | 66,171 | $6.24M | 0.00% | −14,110−17.6% | Reduced |
| Motley Fool Wealth Management, LLC | 65,216 | $6.15M | 0.42% | −9,311−12.5% | Reduced |
| Cetera Investment Advisers | 64,498 | $6.08M | 0.01% | +21,938+51.5% | Added |
| O'Shaughnessy Asset Management, LLC | 64,235 | $6.06M | 0.04% | −37,242−36.7% | Reduced |
| Rothschild & Co Wealth Management UK Ltd | 63,572 | $5.99M | 0.10% | +1,062+1.7% | Added |
| Puzo Michael J | 63,120 | $5.95M | 1.62% | −7,151−10.2% | Reduced |
| Utah Retirement Systems | 62,397 | $5.89M | 0.06% | 00.0% | Unchanged |
| US Bancorp | 61,198 | $5.77M | 0.01% | −10,497−14.6% | Reduced |