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, Q4 2025
Institutional positions in Canadian National Railway Co as of Dec 31, 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
- 809
- +67 vs. Q3 2025
- Shares held
- 411.1M
- +9.62M (+2.4%) vs. Q3 2025
- Total value
- $40.8B
- +$2.91B (+7.7%) vs. Q3 2025
- New holders
- 116
- 253 more added
- Sold out
- 49
- 278 more reduced
16 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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, Q4 2025
Shares, value and share of portfolio for each institution holding Canadian National Railway Co; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Savvy Advisors, Inc. | 3,847 | $380.2K | 0.01% | +498+14.9% | Added |
| Hickory Point Bank & Trust | 3,913 | $386.8K | 0.28% | 00.0% | Unchanged |
| Wimmer Associates 1, LLC | 3,950 | $390.5K | 0.18% | 00.0% | Unchanged |
| Canandaigua National Trust Co of Florida | 3,984 | $393.8K | 0.25% | +1,671+72.2% | Added |
| Cambiar Investors LLC | 3,985 | $393.9K | 0.02% | +3,985 | New |
| Tiaa Trust, National Association | 4,054 | $400.7K | 0.00% | −198−4.7% | Reduced |
| Prime Capital Investment Advisors, LLC | 4,084 | $403.7K | 0.00% | +65+1.6% | Added |
| Groupe la Francaise | 4,081 | $404.1K | 0.01% | −41,248−91.0% | Reduced |
| Kampmann Melissa S. | 4,075 | $405.0K | 0.30% | −225−5.2% | Reduced |
| Park Avenue Securities LLC | 4,147 | $410.0K | 0.00% | −114−2.7% | Reduced |
| Foundations Investment Advisors, LLC | 4,184 | $413.6K | 0.01% | −2,830−40.3% | Reduced |
| Equitable Holdings, Inc. | 4,185 | $413.7K | 0.00% | −282−6.3% | Reduced |
| OpenArc Corporate Advisory, LLC | 4,275 | $422.6K | 0.01% | +4,275 | New |
| Bryn Mawr Trust Co | 4,277 | $422.8K | 0.01% | −4−0.1% | Reduced |
| Sargent Investment Group, LLC | 4,290 | $424.1K | 0.05% | +4,290 | New |
| Canandaigua National Bank & Trust Co | 4,320 | $427.0K | 0.04% | −40−0.9% | Reduced |
| GSB Wealth Management, LLC | 4,373 | $432.3K | 0.10% | −986−18.4% | Reduced |
| First Financial Bank - Trust Division | 4,381 | $433.1K | 0.04% | −958−17.9% | Reduced |
| Twinbeech Capital LP | 4,461 | $441.0K | 0.03% | +4,461 | New |
| QRG Capital Management, Inc. | 4,469 | $441.8K | 0.00% | +107+2.5% | Added |
| Benjamin Edwards Inc | 4,516 | $446.5K | 0.00% | +391+9.5% | Added |
| Bartlett & Co. Wealth Management LLC | 4,564 | $451.2K | 0.01% | 00.0% | Unchanged |
| Ewing Morris & Co. Investment Partners Ltd. | 4,507 | $451.8K | 0.20% | +21+0.5% | Added |
| Terry L. Blaker | 4,586 | $453.3K | 0.02% | −230−4.8% | Reduced |
| Sowell Financial Services LLC | 4,620 | $456.7K | 0.02% | −10.0% | Reduced |
| Centric Wealth Management | 4,824 | $461.6K | 0.10% | 00.0% | Unchanged |
| Cullen/Frost Bankers, Inc. | 4,678 | $462.5K | 0.01% | 00.0% | Unchanged |
| Crestwood Advisors Group LLC | 4,680 | $462.6K | 0.01% | +372+8.6% | Added |
| Commerce Bank | 4,713 | $465.9K | 0.00% | −28−0.6% | Reduced |
| Marshall Wace, LLP | 4,744 | $468.9K | 0.00% | +4,744 | New |
| Rhumbline Advisers | 4,760 | $470.5K | 0.00% | −424−8.2% | Reduced |
| Westwood Holdings Group Inc. | 4,761 | $470.6K | 0.00% | −954−16.7% | Reduced |
| One Capital Management, LLC | 4,821 | $477.2K | 0.01% | +4,821 | New |
| Advisory Services Network, LLC | 4,935 | $487.8K | 0.01% | −45−0.9% | Reduced |
| Trust Co of the South | 4,941 | $488.4K | 0.08% | 00.0% | Unchanged |
| Shelton Capital Management | 4,980 | $492.3K | 0.01% | 00.0% | Unchanged |
| Chesley Taft & Associates LLC | 5,040 | $498.2K | 0.02% | +1,500+42.4% | Added |
| Syon Capital LLC | 5,057 | $499.9K | 0.02% | +1,384+37.7% | Added |
| Gateway Investment Advisers LLC | 5,059 | $500.1K | 0.00% | +1,811+55.8% | Added |
| Vontobel Holding Ltd. | 5,066 | $501.1K | 0.00% | 00.0% | Unchanged |
| Monarch Capital Management Inc | 5,082 | $502.4K | 0.12% | +380+8.1% | Added |
| Eagle Bay Advisors LLC | 5,117 | $505.8K | 0.37% | 00.0% | Unchanged |
| First Pacific Financial | 5,127 | $506.8K | 0.07% | −316−5.8% | Reduced |
| Minot DeBlois Advisors LLC | 5,132 | $507.3K | 0.46% | +103+2.0% | Added |
| Corient IA LLC | 5,140 | $508.1K | 0.48% | −1,360−20.9% | Reduced |
| Mountain Pacific Investment Advisers Inc | 5,250 | $519.0K | 0.08% | 00.0% | Unchanged |
| Natural Investments, LLC | 5,283 | $522.0K | 0.13% | +75+1.4% | Added |
| United Capital Financial Advisers, LLC | 5,308 | $524.7K | 0.00% | +40+0.8% | Added |
| HM Payson & Co | 5,336 | $527.5K | 0.01% | −351−6.2% | Reduced |
| Sequoia Financial Advisors, LLC | 5,463 | $540.1K | 0.00% | +436+8.7% | Added |
| Meridian Wealth Management, LLC | 5,485 | $542.2K | 0.02% | +261+5.0% | Added |
| Trust Co of Vermont | 5,603 | $553.9K | 0.02% | +1,600+40.0% | Added |
| Arkadios Wealth Advisors | 5,636 | $557.1K | 0.01% | +421+8.1% | Added |
| Moors & Cabot, Inc. | 5,687 | $562.2K | 0.02% | −50−0.9% | Reduced |
| Bristol Gate Capital Partners Inc. | 5,698 | $564.3K | 0.03% | −3,563−38.5% | Reduced |
| Tempus Wealth Planning, LLC | 5,741 | $567.5K | 0.13% | −571−9.0% | Reduced |
| Employees Retirement System of Texas | 5,747 | $568.0K | 0.00% | +749+15.0% | Added |
| Haverford Trust Co | 5,773 | $570.7K | 0.01% | 00.0% | Unchanged |
| Warren Averett Asset Management, LLC | 5,925 | $585.7K | 0.00% | −83−1.4% | Reduced |
| Assetmark, Inc | 5,969 | $590.0K | 0.00% | +393+7.0% | Added |
| Affinity Capital Advisors, LLC | 6,000 | $593.1K | 0.08% | 00.0% | Unchanged |
| Stonehage Fleming Financial Services Holdings Ltd | 6,019 | $595.0K | 0.02% | 00.0% | Unchanged |
| M&T Bank Corp | 6,076 | $600.9K | 0.00% | +74+1.2% | Added |
| Linden Thomas Advisory Services, LLC | 6,109 | $603.9K | 0.06% | +123+2.1% | Added |
| Yousif Capital Management, LLC | 6,226 | $605.1K | 0.01% | 00.0% | Unchanged |
| HB Wealth Management, LLC | 6,133 | $606.3K | 0.00% | +1,113+22.2% | Added |
| Advisors Asset Management, Inc. | 6,178 | $610.7K | 0.01% | −1,507−19.6% | Reduced |
| Valmark Advisers, Inc. | 6,204 | $613.3K | 0.01% | +90+1.5% | Added |
| Henshaw Capital LLC | 6,302 | $623.0K | 0.02% | +1,787+39.6% | Added |
| LVM Capital Management Ltd | 6,300 | $623.0K | 0.06% | 00.0% | Unchanged |
| MML Investors Services, LLC | 6,378 | $630.5K | 0.00% | +710+12.5% | Added |
| Venturi Wealth Management, LLC | 6,547 | $647.2K | 0.03% | +540+9.0% | Added |
| V-Square Quantitative Management LLC | 4,809 | $652.8K | 0.07% | +4,809 | New |
| Bessemer Group Inc | 6,673 | $659.0K | 0.00% | +200+3.1% | Added |
| Atria Investments LLC | 6,703 | $662.6K | 0.01% | −375−5.3% | Reduced |
| NBT Bank N A | 6,771 | $669.3K | 0.04% | −530−7.3% | Reduced |
| Private Advisor Group, LLC | 6,861 | $678.3K | 0.00% | −3,045−30.7% | Reduced |
| Rathbone Brothers plc | 7,155 | $708.6K | 0.00% | 00.0% | Unchanged |
| Roberts Glore & Co Inc | 7,233 | $715.0K | 0.19% | +110+1.5% | Added |
| Signaturefd, LLC | 7,251 | $716.7K | 0.01% | −205−2.7% | Reduced |
| CenterBook Partners LP | 7,301 | $721.7K | 0.04% | +7,301 | New |
| RS Crum Inc. | 7,490 | $740.4K | 0.15% | 00.0% | Unchanged |
| Heartland Advisors Inc | 7,519 | $743.3K | 0.04% | −4,232−36.0% | Reduced |
| Hohimer Wealth Management, LLC | 7,542 | $745.5K | 0.10% | −29,850−79.8% | Reduced |
| State of Wyoming | 7,626 | $755.2K | 0.08% | −280−3.5% | Reduced |
| Essex Financial Services, Inc. | 7,686 | $759.8K | 0.04% | −320−4.0% | Reduced |
| Citadel Investment Advisory, Inc. | 7,711 | $762.0K | 0.33% | 00.0% | Unchanged |
| Baxter Bros Inc | 7,721 | $763.2K | 0.09% | −100−1.3% | Reduced |
| Farther Finance Advisors, LLC | 7,954 | $786.2K | 0.01% | +2,566+47.6% | Added |
| Cypress Asset Management Inc | 7,981 | $788.9K | 0.17% | −32−0.4% | Reduced |
| Parvin Asset Management, LLC | 8,040 | $794.8K | 0.64% | +8,040 | New |
| Ethic Inc. | 8,076 | $798.3K | 0.01% | +1,699+26.6% | Added |
| Mayflower Financial Advisors, LLC | 8,096 | $800.3K | 0.10% | −80−1.0% | Reduced |
| Frank, Rimerman Advisors LLC | 8,162 | $806.8K | 0.05% | +5,980+274.1% | Added |
| Carret Asset Management, LLC | 8,300 | $820.5K | 0.08% | −600−6.7% | Reduced |
| Patten Group, Inc. | 8,326 | $823.1K | 0.15% | +114+1.4% | Added |
| King Luther Capital Management Corp | 8,595 | $849.6K | 0.00% | 00.0% | Unchanged |
| Thoroughbred Financial Services, LLC | 8,604 | $850.0K | 0.05% | −107−1.2% | Reduced |
| Credit Agricole S A | 8,611 | $851.2K | 0.00% | +216+2.6% | Added |
| Baldwin Brothers Inc | 8,710 | $861.0K | 0.06% | 00.0% | Unchanged |