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 |
|---|---|---|---|---|---|
| Harbour Trust & Investment Management Co | 21,437 | $2.12M | 0.22% | −6,103−22.2% | Reduced |
| Modera Wealth Management, LLC | 21,350 | $2.11M | 0.02% | +3,952+22.7% | Added |
| HighTower Advisors, LLC | 21,323 | $2.11M | 0.00% | −772−3.5% | Reduced |
| LGT Fund Management Co Ltd. | 20,640 | $2.05M | 0.16% | +20,640 | New |
| Nia Impact Advisors, LLC | 20,601 | $2.04M | 0.68% | −50−0.2% | Reduced |
| ARGA Investment Management, LP | 20,243 | $2.00M | 0.05% | +20,243 | New |
| Dempze Nancy E | 20,170 | $1.99M | 1.04% | −2,120−9.5% | Reduced |
| Harrington Investments, INC | 20,138 | $1.99M | 1.00% | +245+1.2% | Added |
| Allen Investment Management LLC | 20,000 | $1.98M | 0.02% | 00.0% | Unchanged |
| Tacita Capital Inc | 19,809 | $1.96M | 1.14% | +109+0.6% | Added |
| Fairfax Financial Holdings LtdSuperinvestorFairfax Financial | 19,800 | $1.96M | 0.09% | +19,800 | New |
| Advisor Group Holdings, Inc. | 19,773 | $1.96M | 0.00% | −19,911−50.2% | Reduced |
| Coronation Fund Managers Ltd. | 19,138 | $1.89M | 0.08% | 00.0% | Unchanged |
| Woodbridge Co Ltd | 19,010 | $1.88M | 0.00% | +19,010 | New |
| Welch & Forbes LLC | 18,883 | $1.87M | 0.02% | −115−0.6% | Reduced |
| Candriam Luxembourg S.C.A. | 18,696 | $1.85M | 0.01% | +3,538+23.3% | Added |
| FineMark National Bank & Trust | 18,643 | $1.84M | 0.06% | −4,044−17.8% | Reduced |
| Cullen Capital Management LLC | 18,516 | $1.83M | 0.02% | +1,223+7.1% | Added |
| Gradient Investments LLC | 18,110 | $1.79M | 0.03% | +6,387+54.5% | Added |
| Rothschild Investment LLC | 18,034 | $1.78M | 0.10% | −498−2.7% | Reduced |
| U.S. Capital Wealth Advisors, LLC | 17,919 | $1.77M | 0.05% | +513+2.9% | Added |
| Lombard Odier Asset Management (USA) Corp | 17,847 | $1.76M | 0.72% | +17,847 | New |
| Beacon Pointe Advisors, LLC | 17,485 | $1.73M | 0.01% | −1,746−9.1% | Reduced |
| Assenagon Asset Management S.A. | 17,000 | $1.68M | 0.00% | −1,219−6.7% | Reduced |
| Brinker Capital Investments, LLC | 16,938 | $1.67M | 0.01% | +677+4.2% | Added |
| Intech Investment Management LLC | 16,623 | $1.65M | 0.01% | −3,160−16.0% | Reduced |
| Tudor Financial Inc. | 16,640 | $1.64M | 0.84% | +1,045+6.7% | Added |
| Janney Montgomery Scott LLC | 16,528 | $1.63M | 0.00% | −95,879−85.3% | Reduced |
| Ritholtz Wealth Management | 16,529 | $1.63M | 0.03% | +5,311+47.3% | Added |
| ICW Investment Advisors LLC | 16,319 | $1.61M | 0.59% | −206−1.2% | Reduced |
| Lester Murray Antman dba SimplyRich | 16,194 | $1.60M | 0.42% | −149−0.9% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 15,838 | $1.57M | 0.00% | −596−3.6% | Reduced |
| Entropy Technologies, LP | 15,832 | $1.56M | 0.08% | +15,832 | New |
| D. E. Shaw & Co., Inc. | 15,806 | $1.56M | 0.00% | −24,164−60.5% | Reduced |
| Metis Global Partners, LLC | 15,623 | $1.55M | 0.04% | −4,956−24.1% | Reduced |
| Legacy Wealth Asset Management, LLC | 15,626 | $1.54M | 0.38% | −2,254−12.6% | Reduced |
| Chemung Canal Trust Co | 15,594 | $1.54M | 0.31% | 00.0% | Unchanged |
| CWM, LLC | 15,587 | $1.54M | 0.00% | −3,859−19.8% | Reduced |
| BFSG, LLC | 15,542 | $1.54M | 0.15% | −34−0.2% | Reduced |
| Vestmark Advisory Solutions, Inc. | 15,349 | $1.52M | 0.02% | +6,302+69.7% | Added |
| Pinnacle Financial Partners, Inc. | 15,306 | $1.51M | 0.01% | +15,306 | New |
| Timelo Investment Management Inc. | 15,000 | $1.48M | 1.57% | +15,000 | New |
| RSM US Wealth Management LLC | 14,928 | $1.48M | 0.02% | −1,264−7.8% | Reduced |
| DF Dent & Co Inc | 14,900 | $1.47M | 0.02% | 00.0% | Unchanged |
| Clearstead Advisors, LLC | 14,698 | $1.45M | 0.02% | +48+0.3% | Added |
| Beacon Investment Advisors LLC | 14,535 | $1.44M | 0.58% | −1,516−9.4% | Reduced |
| Squarepoint Ops LLC | 14,310 | $1.41M | 0.00% | −34,860−70.9% | Reduced |
| UniSuper Management Pty Ltd | 10,400 | $1.41M | 0.01% | +1,300+14.3% | Added |
| Cumberland Partners Ltd | 14,150 | $1.40M | 0.09% | +14,150 | New |
| Kestra Advisory Services, LLC | 14,006 | $1.38M | 0.01% | +8,931+176.0% | Added |
| Nordwand Advisors, LLC | 13,975 | $1.38M | 0.24% | +2,250+19.2% | Added |
| Sanctuary Advisors, LLC | 13,846 | $1.37M | 0.01% | −2,197−13.7% | Reduced |
| Adalta Capital Management LLC | 13,700 | $1.35M | 0.60% | −1,750−11.3% | Reduced |
| Kathmere Capital Management, LLC | 13,658 | $1.35M | 0.09% | +3,600+35.8% | Added |
| Laird Norton Trust Company, LLC | 13,643 | $1.35M | 0.03% | +13,643 | New |
| IMC-Chicago, LLC | 13,496 | $1.33M | 0.02% | −9,319−40.8% | Reduced |
| Oppenheimer Asset Management Inc. | 12,724 | $1.26M | 0.02% | −900−6.6% | Reduced |
| Westerkirk Capital Inc. | 12,640 | $1.25M | 0.12% | −24,400−65.9% | Reduced |
| Dividend Assets Capital, LLC | 12,633 | $1.25M | 0.24% | −1,034−7.6% | Reduced |
| Fifth Third Bancorp | 12,517 | $1.24M | 0.00% | 00.0% | Unchanged |
| Pathstone Holdings, LLC | 12,482 | $1.23M | 0.00% | −221−1.7% | Reduced |
| SRS Capital Advisors, Inc. | 12,442 | $1.23M | 0.04% | −11,785−48.6% | Reduced |
| Estabrook Capital Management | 12,132 | $1.20M | 0.18% | 00.0% | Unchanged |
| Twin Tree Management, LP | 12,097 | $1.20M | 0.12% | −180,181−93.7% | Reduced |
| Earnest Partners LLC | 11,965 | $1.18M | 0.01% | −468−3.8% | Reduced |
| JTC Employer Solutions Trusteee Ltd | 11,700 | $1.16M | 0.08% | 00.0% | Unchanged |
| Glenmede Trust Co NA | 11,573 | $1.14M | 0.01% | +11,573 | New |
| Oppenheimer & Co Inc | 11,469 | $1.13M | 0.02% | +854+8.0% | Added |
| ASR Vermogensbeheer N.V. | 11,408 | $1.13M | 0.01% | 00.0% | Unchanged |
| Mercer Global Advisors Inc | 11,419 | $1.13M | 0.00% | +1,844+19.3% | Added |
| Hancock Whitney Corp | 11,416 | $1.13M | 0.02% | +520+4.8% | Added |
| Truist Financial Corp | 11,372 | $1.12M | 0.00% | −770−6.3% | Reduced |
| XTX Topco Ltd | 11,357 | $1.12M | 0.03% | −1,170−9.3% | Reduced |
| Lowe Brockenbrough & Co Inc | 11,295 | $1.12M | 0.05% | −234−2.0% | Reduced |
| Salem Investment Counselors Inc | 11,075 | $1.09M | 0.03% | 00.0% | Unchanged |
| Wahed Invest LLC | 11,041 | $1.09M | 0.14% | +712+6.9% | Added |
| Jones Financial Companies LLLP | 10,986 | $1.09M | 0.00% | +1,610+17.2% | Added |
| ARS Investment Partners, LLC | 10,938 | $1.08M | 0.06% | 00.0% | Unchanged |
| Callan Family Office, LLC | 10,855 | $1.07M | 0.02% | +5,199+91.9% | Added |
| Voya Investment Management LLC | 10,807 | $1.07M | 0.00% | +8,023+288.2% | Added |
| Parsons Capital Management Inc | 10,703 | $1.06M | 0.06% | −2,704−20.2% | Reduced |
| Quadrant Capital Group LLC | 10,651 | $1.05M | 0.03% | +54+0.5% | Added |
| Harvest Portfolios Group Inc. | 10,542 | $1.04M | 0.02% | +1,663+18.7% | Added |
| Capital Group Investment Management Pte. Ltd. | 10,435 | $1.03M | 0.17% | +657+6.7% | Added |
| Barnett & Company, Inc. | 10,422 | $1.03M | 0.83% | 00.0% | Unchanged |
| Vise Technologies, Inc. | 10,344 | $1.02M | 0.02% | +4,601+80.1% | Added |
| BCM Advisors, LLC | 10,136 | $1.01M | 0.19% | 00.0% | Unchanged |
| Avalon Trust Co | 10,200 | $1.01M | 0.07% | 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 |
| Union Heritage Capital, LLC | 10,126 | $1.00M | 0.34% | 00.0% | Unchanged |
| Sustainable Insight Capital Management, LLC | 10,000 | $989.1K | 0.33% | −5,000−33.3% | Reduced |
| GWM Advisors LLC | 9,866 | $975.3K | 0.00% | +773+8.5% | Added |
| Davenport & Co LLC | 9,847 | $973.4K | 0.01% | +62+0.6% | Added |
| River Road Asset Management, LLC | 9,774 | $966.2K | 0.01% | 00.0% | Unchanged |
| Kayne Anderson Rudnick Investment Management LLC | 9,732 | $962.0K | 0.00% | +481+5.2% | Added |
| Edmond de Rothschild Holding S.A. | 9,610 | $952.8K | 0.01% | −14,933−60.8% | Reduced |
| NLB Skladi, upravljanje premozenja, d.o.o. | 9,568 | $946.3K | 0.04% | +9,568 | New |
| Texas Yale Capital Corp. | 9,561 | $945.1K | 0.03% | +1,554+19.4% | Added |
| Cigna Investments Inc | 9,387 | $930.0K | 0.14% | −204−2.1% | Reduced |