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 |
|---|---|---|---|---|---|
| Tacita Capital Inc | 19,700 | $1.86M | 1.12% | 00.0% | Unchanged |
| CWM, LLC | 19,446 | $1.83M | 0.01% | +6,093+45.6% | Added |
| Beacon Pointe Advisors, LLC | 19,231 | $1.81M | 0.02% | +3,146+19.6% | Added |
| AQR Capital Management LLC | 19,194 | $1.81M | 0.00% | +8,644+81.9% | Added |
| Coronation Fund Managers Ltd. | 19,138 | $1.80M | 0.09% | −3,673−16.1% | Reduced |
| Welch & Forbes LLC | 18,998 | $1.79M | 0.02% | +360+1.9% | Added |
| Rothschild Investment LLC | 18,532 | $1.75M | 0.10% | −1,095−5.6% | Reduced |
| JustInvest LLC | 18,323 | $1.73M | 0.02% | −4,486−19.7% | Reduced |
| Assenagon Asset Management S.A. | 18,219 | $1.72M | 0.00% | −1,007−5.2% | Reduced |
| Legacy Wealth Asset Management, LLC | 17,880 | $1.69M | 0.41% | +257+1.5% | Added |
| U.S. Capital Wealth Advisors, LLC | 17,406 | $1.64M | 0.04% | +1,602+10.1% | Added |
| Modera Wealth Management, LLC | 17,398 | $1.64M | 0.02% | +1,638+10.4% | Added |
| Cullen Capital Management LLC | 17,293 | $1.63M | 0.02% | +1,631+10.4% | Added |
| Numerai GP LLC | 17,229 | $1.62M | 0.23% | +5,036+41.3% | Added |
| Wiley Bros.-Aintree Capital, LLC | 16,735 | $1.58M | 0.01% | +2,065+14.1% | Added |
| ICW Investment Advisors LLC | 16,525 | $1.56M | 0.57% | +120+0.7% | Added |
| Cambridge Investment Research Advisors, Inc. | 16,434 | $1.55M | 0.00% | +167+1.0% | Added |
| Lester Murray Antman dba SimplyRich | 16,343 | $1.54M | 0.42% | −1,599−8.9% | Reduced |
| Brinker Capital Investments, LLC | 16,261 | $1.53M | 0.01% | +792+5.1% | Added |
| RSM US Wealth Management LLC | 16,192 | $1.53M | 0.02% | −847−5.0% | Reduced |
| Beacon Investment Advisors LLC | 16,051 | $1.51M | 0.62% | +56+0.4% | Added |
| Sanctuary Advisors, LLC | 16,043 | $1.51M | 0.01% | −230−1.4% | Reduced |
| Shell Asset Management Co | 15,677 | $1.48M | 0.15% | −16,655−51.5% | Reduced |
| Tudor Financial Inc. | 15,595 | $1.47M | 0.78% | 00.0% | Unchanged |
| Chemung Canal Trust Co | 15,594 | $1.47M | 0.29% | −75−0.5% | Reduced |
| BFSG, LLC | 15,576 | $1.47M | 0.14% | +1,223+8.5% | Added |
| Adalta Capital Management LLC | 15,450 | $1.46M | 0.66% | 00.0% | Unchanged |
| Y-Intercept (Hong Kong) Ltd | 15,328 | $1.45M | 0.03% | −18,173−54.2% | Reduced |
| Synovus Financial Corp | 15,164 | $1.43M | 0.02% | −4,510−22.9% | Reduced |
| Candriam Luxembourg S.C.A. | 15,158 | $1.43M | 0.01% | −1,468−8.8% | Reduced |
| Balyasny Asset Management LLC | 15,000 | $1.41M | 0.00% | −292,054−95.1% | Reduced |
| Sustainable Insight Capital Management, LLC | 15,000 | $1.41M | 0.44% | +15,000 | New |
| DF Dent & Co Inc | 14,900 | $1.41M | 0.02% | 00.0% | Unchanged |
| UBS Asset Management Americas Inc | 14,746 | $1.39M | 0.00% | −991,451−98.5% | Reduced |
| Clearstead Advisors, LLC | 14,650 | $1.38M | 0.02% | −14,789−50.2% | Reduced |
| Susquehanna International Group, LLP | 14,031 | $1.32M | 0.00% | +14,031 | New |
| Captrust Financial Advisors | 13,812 | $1.30M | 0.00% | −569−4.0% | Reduced |
| Dividend Assets Capital, LLC | 13,667 | $1.29M | 0.23% | −415−2.9% | Reduced |
| Oppenheimer Asset Management Inc. | 13,624 | $1.28M | 0.01% | −326−2.3% | Reduced |
| Parsons Capital Management Inc | 13,407 | $1.26M | 0.07% | 00.0% | Unchanged |
| Pathstone Holdings, LLC | 12,703 | $1.20M | 0.00% | −1,447−10.2% | Reduced |
| UniSuper Management Pty Ltd | 9,100 | $1.19M | 0.01% | 00.0% | Unchanged |
| Lombard Odier Asset Management (Switzerland) SA | 12,639 | $1.19M | 0.06% | −1,165−8.4% | Reduced |
| XTX Topco Ltd | 12,527 | $1.18M | 0.06% | +12,527 | New |
| Fifth Third Bancorp | 12,517 | $1.18M | 0.00% | −1,434−10.3% | Reduced |
| Pembroke Management, LTD | 12,503 | $1.18M | 0.12% | 00.0% | Unchanged |
| Earnest Partners LLC | 12,433 | $1.17M | 0.01% | +82+0.7% | Added |
| Tower Research Capital LLC (TRC) | 12,242 | $1.15M | 0.03% | +11,848+3,007.1% | Added |
| Truist Financial Corp | 12,142 | $1.15M | 0.00% | −546−4.3% | Reduced |
| Estabrook Capital Management | 12,132 | $1.14M | 0.17% | 00.0% | Unchanged |
| Heartland Advisors Inc | 11,751 | $1.11M | 0.06% | +56+0.5% | Added |
| Nordwand Advisors, LLC | 11,725 | $1.11M | 0.18% | +7,125+154.9% | Added |
| Gradient Investments LLC | 11,723 | $1.11M | 0.02% | +5,111+77.3% | Added |
| JTC Employer Solutions Trusteee Ltd | 11,700 | $1.10M | 0.09% | 00.0% | Unchanged |
| Lowe Brockenbrough & Co Inc | 11,529 | $1.09M | 0.06% | −37−0.3% | Reduced |
| Glenmede Investment Management, LP | 11,529 | $1.09M | 0.01% | −401−3.4% | Reduced |
| ASR Vermogensbeheer N.V. | 11,408 | $1.08M | 0.01% | +184+1.6% | Added |
| Wetherby Asset Management Inc | 11,223 | $1.06M | 0.04% | −935−7.7% | Reduced |
| Ritholtz Wealth Management | 11,218 | $1.06M | 0.02% | −622−5.3% | Reduced |
| Salem Investment Counselors Inc | 11,075 | $1.04M | 0.03% | 00.0% | Unchanged |
| Man Group plc | 11,043 | $1.04M | 0.00% | −72,857−86.8% | Reduced |
| NewEdge Wealth, LLC | 10,814 | $1.04M | 0.01% | +514+5.0% | Added |
| Marshall Financial Group LLC | 11,009 | $1.04M | 0.20% | +533+5.1% | Added |
| ARS Investment Partners, LLC | 10,938 | $1.03M | 0.07% | −5,477−33.4% | Reduced |
| Hancock Whitney Corp | 10,896 | $1.03M | 0.02% | −56−0.5% | Reduced |
| Oppenheimer & Co Inc | 10,615 | $1.00M | 0.01% | −11,328−51.6% | Reduced |
| Quadrant Capital Group LLC | 10,597 | $999.3K | 0.03% | −925−8.0% | Reduced |
| Barnett & Company, Inc. | 10,422 | $982.8K | 0.76% | 00.0% | Unchanged |
| Wahed Invest LLC | 10,329 | $974.3K | 0.13% | +1,416+15.9% | Added |
| Avalon Trust Co | 10,200 | $961.9K | 0.06% | −400−3.8% | Reduced |
| BCM Advisors, LLC | 10,136 | $960.2K | 0.19% | 00.0% | Unchanged |
| Union Heritage Capital, LLC | 10,126 | $954.9K | 0.31% | 00.0% | Unchanged |
| 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 |
| Kathmere Capital Management, LLC | 10,058 | $948.5K | 0.07% | −4,084−28.9% | Reduced |
| Novem Group | 9,950 | $938.4K | 0.11% | +298+3.1% | Added |
| Private Advisor Group, LLC | 9,906 | $934.2K | 0.00% | −41−0.4% | Reduced |
| Davenport & Co LLC | 9,785 | $922.7K | 0.00% | −175−1.8% | Reduced |
| Capital Group Investment Management Pte. Ltd. | 9,778 | $922.3K | 0.15% | 00.0% | Unchanged |
| River Road Asset Management, LLC | 9,774 | $921.7K | 0.01% | −1,634−14.3% | Reduced |
| Ridgewood Investments LLC | 9,715 | $916.1K | 0.39% | +5,352+122.7% | Added |
| Cigna Investments Inc | 9,591 | $904.0K | 0.13% | 00.0% | Unchanged |
| Mercer Global Advisors Inc | 9,575 | $902.9K | 0.00% | −732−7.1% | Reduced |
| Atwater Malick LLC | 9,547 | $900.2K | 0.26% | −60,903−86.4% | Reduced |
| Regions Financial Corp | 9,545 | $900.1K | 0.01% | +54+0.6% | Added |
| MAI Capital Management | 9,497 | $895.5K | 0.01% | +6,564+223.8% | Added |
| Bristol Gate Capital Partners Inc. | 9,261 | $873.5K | 0.05% | −609−6.2% | Reduced |
| Kayne Anderson Rudnick Investment Management LLC | 9,251 | $872.4K | 0.00% | +1,255+15.7% | Added |
| Jones Financial Companies LLLP | 9,376 | $872.0K | 0.00% | +1,776+23.4% | Added |
| GWM Advisors LLC | 9,093 | $857.5K | 0.00% | +934+11.4% | Added |
| Vestmark Advisory Solutions, Inc. | 9,047 | $853.1K | 0.02% | −73−0.8% | Reduced |
| 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 |
| 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 |
| Harvest Portfolios Group Inc. | 8,879 | $837.3K | 0.02% | −12−0.1% | Reduced |
| Baldwin Brothers Inc | 8,710 | $821.4K | 0.05% | −18−0.2% | Reduced |
| Thoroughbred Financial Services, LLC | 8,711 | $821.0K | 0.05% | −1,178−11.9% | Reduced |
| King Luther Capital Management Corp | 8,595 | $810.5K | 0.00% | 00.0% | Unchanged |
| Virtu Financial LLC | 8,510 | $802.0K | 0.04% | +3,641+74.8% | Added |