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 |
|---|---|---|---|---|---|
| NewEdge Wealth, LLC | 8,869 | $876.7K | 0.01% | −1,945−18.0% | Reduced |
| Mystic Asset Management, Inc. | 9,000 | $889.6K | 0.20% | 00.0% | Unchanged |
| Cherokee Insurance Co | 9,000 | $889.6K | 0.36% | 00.0% | Unchanged |
| Atwater Malick LLC | 9,121 | $901.6K | 0.25% | −426−4.5% | Reduced |
| HRT Financial LP | 9,203 | $909.0K | 0.00% | +2,029+28.3% | Added |
| Virtus Family Office LLC | 9,263 | $915.6K | 0.79% | +9,263 | New |
| Wiley Bros.-Aintree Capital, LLC | 9,274 | $916.8K | 0.00% | −7,461−44.6% | Reduced |
| Regions Financial Corp | 9,277 | $917.0K | 0.01% | −268−2.8% | Reduced |
| MAI Capital Management | 9,388 | $928.0K | 0.01% | −109−1.1% | Reduced |
| Cigna Investments Inc | 9,387 | $930.0K | 0.14% | −204−2.1% | Reduced |
| Texas Yale Capital Corp. | 9,561 | $945.1K | 0.03% | +1,554+19.4% | Added |
| NLB Skladi, upravljanje premozenja, d.o.o. | 9,568 | $946.3K | 0.04% | +9,568 | New |
| Edmond de Rothschild Holding S.A. | 9,610 | $952.8K | 0.01% | −14,933−60.8% | Reduced |
| Kayne Anderson Rudnick Investment Management LLC | 9,732 | $962.0K | 0.00% | +481+5.2% | Added |
| River Road Asset Management, LLC | 9,774 | $966.2K | 0.01% | 00.0% | Unchanged |
| Davenport & Co LLC | 9,847 | $973.4K | 0.01% | +62+0.6% | Added |
| GWM Advisors LLC | 9,866 | $975.3K | 0.00% | +773+8.5% | Added |
| Sustainable Insight Capital Management, LLC | 10,000 | $989.1K | 0.33% | −5,000−33.3% | Reduced |
| Union Heritage Capital, LLC | 10,126 | $1.00M | 0.34% | 00.0% | Unchanged |
| Sumitomo Life Insurance Co | 10,190 | $1.01M | 0.03% | +124+1.2% | Added |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 10,190 | $1.01M | 0.01% | +124+1.2% | Added |
| Avalon Trust Co | 10,200 | $1.01M | 0.07% | 00.0% | Unchanged |
| BCM Advisors, LLC | 10,136 | $1.01M | 0.19% | 00.0% | Unchanged |
| Vise Technologies, Inc. | 10,344 | $1.02M | 0.02% | +4,601+80.1% | Added |
| Barnett & Company, Inc. | 10,422 | $1.03M | 0.83% | 00.0% | Unchanged |
| Capital Group Investment Management Pte. Ltd. | 10,435 | $1.03M | 0.17% | +657+6.7% | Added |
| Harvest Portfolios Group Inc. | 10,542 | $1.04M | 0.02% | +1,663+18.7% | Added |
| Quadrant Capital Group LLC | 10,651 | $1.05M | 0.03% | +54+0.5% | Added |
| Parsons Capital Management Inc | 10,703 | $1.06M | 0.06% | −2,704−20.2% | Reduced |
| Voya Investment Management LLC | 10,807 | $1.07M | 0.00% | +8,023+288.2% | Added |
| Callan Family Office, LLC | 10,855 | $1.07M | 0.02% | +5,199+91.9% | Added |
| ARS Investment Partners, LLC | 10,938 | $1.08M | 0.06% | 00.0% | Unchanged |
| Jones Financial Companies LLLP | 10,986 | $1.09M | 0.00% | +1,610+17.2% | Added |
| Wahed Invest LLC | 11,041 | $1.09M | 0.14% | +712+6.9% | Added |
| Salem Investment Counselors Inc | 11,075 | $1.09M | 0.03% | 00.0% | Unchanged |
| Lowe Brockenbrough & Co Inc | 11,295 | $1.12M | 0.05% | −234−2.0% | Reduced |
| XTX Topco Ltd | 11,357 | $1.12M | 0.03% | −1,170−9.3% | Reduced |
| Truist Financial Corp | 11,372 | $1.12M | 0.00% | −770−6.3% | Reduced |
| Hancock Whitney Corp | 11,416 | $1.13M | 0.02% | +520+4.8% | Added |
| Mercer Global Advisors Inc | 11,419 | $1.13M | 0.00% | +1,844+19.3% | Added |
| ASR Vermogensbeheer N.V. | 11,408 | $1.13M | 0.01% | 00.0% | Unchanged |
| Oppenheimer & Co Inc | 11,469 | $1.13M | 0.02% | +854+8.0% | Added |
| Glenmede Trust Co NA | 11,573 | $1.14M | 0.01% | +11,573 | New |
| JTC Employer Solutions Trusteee Ltd | 11,700 | $1.16M | 0.08% | 00.0% | Unchanged |
| Earnest Partners LLC | 11,965 | $1.18M | 0.01% | −468−3.8% | Reduced |
| Twin Tree Management, LP | 12,097 | $1.20M | 0.12% | −180,181−93.7% | Reduced |
| Estabrook Capital Management | 12,132 | $1.20M | 0.18% | 00.0% | Unchanged |
| SRS Capital Advisors, Inc. | 12,442 | $1.23M | 0.04% | −11,785−48.6% | Reduced |
| Pathstone Holdings, LLC | 12,482 | $1.23M | 0.00% | −221−1.7% | Reduced |
| Fifth Third Bancorp | 12,517 | $1.24M | 0.00% | 00.0% | Unchanged |
| Dividend Assets Capital, LLC | 12,633 | $1.25M | 0.24% | −1,034−7.6% | Reduced |
| Westerkirk Capital Inc. | 12,640 | $1.25M | 0.12% | −24,400−65.9% | Reduced |
| Oppenheimer Asset Management Inc. | 12,724 | $1.26M | 0.02% | −900−6.6% | Reduced |
| IMC-Chicago, LLC | 13,496 | $1.33M | 0.02% | −9,319−40.8% | Reduced |
| Laird Norton Trust Company, LLC | 13,643 | $1.35M | 0.03% | +13,643 | New |
| Kathmere Capital Management, LLC | 13,658 | $1.35M | 0.09% | +3,600+35.8% | Added |
| Adalta Capital Management LLC | 13,700 | $1.35M | 0.60% | −1,750−11.3% | Reduced |
| Sanctuary Advisors, LLC | 13,846 | $1.37M | 0.01% | −2,197−13.7% | Reduced |
| Nordwand Advisors, LLC | 13,975 | $1.38M | 0.24% | +2,250+19.2% | Added |
| Kestra Advisory Services, LLC | 14,006 | $1.38M | 0.01% | +8,931+176.0% | Added |
| Cumberland Partners Ltd | 14,150 | $1.40M | 0.09% | +14,150 | New |
| UniSuper Management Pty Ltd | 10,400 | $1.41M | 0.01% | +1,300+14.3% | Added |
| Squarepoint Ops LLC | 14,310 | $1.41M | 0.00% | −34,860−70.9% | Reduced |
| Beacon Investment Advisors LLC | 14,535 | $1.44M | 0.58% | −1,516−9.4% | Reduced |
| Clearstead Advisors, LLC | 14,698 | $1.45M | 0.02% | +48+0.3% | Added |
| DF Dent & Co Inc | 14,900 | $1.47M | 0.02% | 00.0% | Unchanged |
| RSM US Wealth Management LLC | 14,928 | $1.48M | 0.02% | −1,264−7.8% | Reduced |
| Timelo Investment Management Inc. | 15,000 | $1.48M | 1.57% | +15,000 | New |
| Pinnacle Financial Partners, Inc. | 15,306 | $1.51M | 0.01% | +15,306 | New |
| Vestmark Advisory Solutions, Inc. | 15,349 | $1.52M | 0.02% | +6,302+69.7% | Added |
| BFSG, LLC | 15,542 | $1.54M | 0.15% | −34−0.2% | Reduced |
| CWM, LLC | 15,587 | $1.54M | 0.00% | −3,859−19.8% | Reduced |
| Chemung Canal Trust Co | 15,594 | $1.54M | 0.31% | 00.0% | Unchanged |
| Legacy Wealth Asset Management, LLC | 15,626 | $1.54M | 0.38% | −2,254−12.6% | Reduced |
| Metis Global Partners, LLC | 15,623 | $1.55M | 0.04% | −4,956−24.1% | Reduced |
| D. E. Shaw & Co., Inc. | 15,806 | $1.56M | 0.00% | −24,164−60.5% | Reduced |
| Entropy Technologies, LP | 15,832 | $1.56M | 0.08% | +15,832 | New |
| Cambridge Investment Research Advisors, Inc. | 15,838 | $1.57M | 0.00% | −596−3.6% | Reduced |
| Lester Murray Antman dba SimplyRich | 16,194 | $1.60M | 0.42% | −149−0.9% | Reduced |
| ICW Investment Advisors LLC | 16,319 | $1.61M | 0.59% | −206−1.2% | Reduced |
| Ritholtz Wealth Management | 16,529 | $1.63M | 0.03% | +5,311+47.3% | Added |
| Janney Montgomery Scott LLC | 16,528 | $1.63M | 0.00% | −95,879−85.3% | Reduced |
| Tudor Financial Inc. | 16,640 | $1.64M | 0.84% | +1,045+6.7% | Added |
| Intech Investment Management LLC | 16,623 | $1.65M | 0.01% | −3,160−16.0% | Reduced |
| Brinker Capital Investments, LLC | 16,938 | $1.67M | 0.01% | +677+4.2% | Added |
| Assenagon Asset Management S.A. | 17,000 | $1.68M | 0.00% | −1,219−6.7% | Reduced |
| Beacon Pointe Advisors, LLC | 17,485 | $1.73M | 0.01% | −1,746−9.1% | Reduced |
| Lombard Odier Asset Management (USA) Corp | 17,847 | $1.76M | 0.72% | +17,847 | New |
| U.S. Capital Wealth Advisors, LLC | 17,919 | $1.77M | 0.05% | +513+2.9% | Added |
| Rothschild Investment LLC | 18,034 | $1.78M | 0.10% | −498−2.7% | Reduced |
| Gradient Investments LLC | 18,110 | $1.79M | 0.03% | +6,387+54.5% | Added |
| Cullen Capital Management LLC | 18,516 | $1.83M | 0.02% | +1,223+7.1% | Added |
| FineMark National Bank & Trust | 18,643 | $1.84M | 0.06% | −4,044−17.8% | Reduced |
| Candriam Luxembourg S.C.A. | 18,696 | $1.85M | 0.01% | +3,538+23.3% | Added |
| Welch & Forbes LLC | 18,883 | $1.87M | 0.02% | −115−0.6% | Reduced |
| Woodbridge Co Ltd | 19,010 | $1.88M | 0.00% | +19,010 | New |
| Coronation Fund Managers Ltd. | 19,138 | $1.89M | 0.08% | 00.0% | Unchanged |
| Advisor Group Holdings, Inc. | 19,773 | $1.96M | 0.00% | −19,911−50.2% | Reduced |
| Fairfax Financial Holdings LtdSuperinvestorFairfax Financial | 19,800 | $1.96M | 0.09% | +19,800 | New |
| Tacita Capital Inc | 19,809 | $1.96M | 1.14% | +109+0.6% | Added |