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 |
|---|---|---|---|---|---|
| MAI Capital Management | 9,388 | $928.0K | 0.01% | −109−1.1% | Reduced |
| Regions Financial Corp | 9,277 | $917.0K | 0.01% | −268−2.8% | Reduced |
| Wiley Bros.-Aintree Capital, LLC | 9,274 | $916.8K | 0.00% | −7,461−44.6% | Reduced |
| Virtus Family Office LLC | 9,263 | $915.6K | 0.79% | +9,263 | New |
| HRT Financial LP | 9,203 | $909.0K | 0.00% | +2,029+28.3% | Added |
| Atwater Malick LLC | 9,121 | $901.6K | 0.25% | −426−4.5% | 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 |
| NewEdge Wealth, LLC | 8,869 | $876.7K | 0.01% | −1,945−18.0% | Reduced |
| Baldwin Brothers Inc | 8,710 | $861.0K | 0.06% | 00.0% | Unchanged |
| Credit Agricole S A | 8,611 | $851.2K | 0.00% | +216+2.6% | Added |
| Thoroughbred Financial Services, LLC | 8,604 | $850.0K | 0.05% | −107−1.2% | Reduced |
| King Luther Capital Management Corp | 8,595 | $849.6K | 0.00% | 00.0% | Unchanged |
| Patten Group, Inc. | 8,326 | $823.1K | 0.15% | +114+1.4% | Added |
| Carret Asset Management, LLC | 8,300 | $820.5K | 0.08% | −600−6.7% | Reduced |
| Frank, Rimerman Advisors LLC | 8,162 | $806.8K | 0.05% | +5,980+274.1% | Added |
| Mayflower Financial Advisors, LLC | 8,096 | $800.3K | 0.10% | −80−1.0% | Reduced |
| Ethic Inc. | 8,076 | $798.3K | 0.01% | +1,699+26.6% | Added |
| Parvin Asset Management, LLC | 8,040 | $794.8K | 0.64% | +8,040 | New |
| Cypress Asset Management Inc | 7,981 | $788.9K | 0.17% | −32−0.4% | Reduced |
| Farther Finance Advisors, LLC | 7,954 | $786.2K | 0.01% | +2,566+47.6% | Added |
| Baxter Bros Inc | 7,721 | $763.2K | 0.09% | −100−1.3% | Reduced |
| Citadel Investment Advisory, Inc. | 7,711 | $762.0K | 0.33% | 00.0% | Unchanged |
| Essex Financial Services, Inc. | 7,686 | $759.8K | 0.04% | −320−4.0% | Reduced |
| State of Wyoming | 7,626 | $755.2K | 0.08% | −280−3.5% | Reduced |
| Hohimer Wealth Management, LLC | 7,542 | $745.5K | 0.10% | −29,850−79.8% | Reduced |
| Heartland Advisors Inc | 7,519 | $743.3K | 0.04% | −4,232−36.0% | Reduced |
| RS Crum Inc. | 7,490 | $740.4K | 0.15% | 00.0% | Unchanged |
| CenterBook Partners LP | 7,301 | $721.7K | 0.04% | +7,301 | New |
| Signaturefd, LLC | 7,251 | $716.7K | 0.01% | −205−2.7% | Reduced |
| Roberts Glore & Co Inc | 7,233 | $715.0K | 0.19% | +110+1.5% | Added |
| Rathbone Brothers plc | 7,155 | $708.6K | 0.00% | 00.0% | Unchanged |
| Private Advisor Group, LLC | 6,861 | $678.3K | 0.00% | −3,045−30.7% | Reduced |
| NBT Bank N A | 6,771 | $669.3K | 0.04% | −530−7.3% | Reduced |
| Atria Investments LLC | 6,703 | $662.6K | 0.01% | −375−5.3% | Reduced |
| Bessemer Group Inc | 6,673 | $659.0K | 0.00% | +200+3.1% | Added |
| V-Square Quantitative Management LLC | 4,809 | $652.8K | 0.07% | +4,809 | New |
| Venturi Wealth Management, LLC | 6,547 | $647.2K | 0.03% | +540+9.0% | Added |
| MML Investors Services, LLC | 6,378 | $630.5K | 0.00% | +710+12.5% | Added |
| LVM Capital Management Ltd | 6,300 | $623.0K | 0.06% | 00.0% | Unchanged |
| Henshaw Capital LLC | 6,302 | $623.0K | 0.02% | +1,787+39.6% | Added |
| Valmark Advisers, Inc. | 6,204 | $613.3K | 0.01% | +90+1.5% | Added |
| Advisors Asset Management, Inc. | 6,178 | $610.7K | 0.01% | −1,507−19.6% | Reduced |
| HB Wealth Management, LLC | 6,133 | $606.3K | 0.00% | +1,113+22.2% | Added |
| Yousif Capital Management, LLC | 6,226 | $605.1K | 0.01% | 00.0% | Unchanged |
| Linden Thomas Advisory Services, LLC | 6,109 | $603.9K | 0.06% | +123+2.1% | Added |
| M&T Bank Corp | 6,076 | $600.9K | 0.00% | +74+1.2% | Added |
| Stonehage Fleming Financial Services Holdings Ltd | 6,019 | $595.0K | 0.02% | 00.0% | Unchanged |
| Affinity Capital Advisors, LLC | 6,000 | $593.1K | 0.08% | 00.0% | Unchanged |
| Assetmark, Inc | 5,969 | $590.0K | 0.00% | +393+7.0% | Added |
| Warren Averett Asset Management, LLC | 5,925 | $585.7K | 0.00% | −83−1.4% | Reduced |
| Haverford Trust Co | 5,773 | $570.7K | 0.01% | 00.0% | Unchanged |
| Employees Retirement System of Texas | 5,747 | $568.0K | 0.00% | +749+15.0% | Added |
| Tempus Wealth Planning, LLC | 5,741 | $567.5K | 0.13% | −571−9.0% | Reduced |
| Bristol Gate Capital Partners Inc. | 5,698 | $564.3K | 0.03% | −3,563−38.5% | Reduced |
| Moors & Cabot, Inc. | 5,687 | $562.2K | 0.02% | −50−0.9% | Reduced |
| Arkadios Wealth Advisors | 5,636 | $557.1K | 0.01% | +421+8.1% | Added |
| Trust Co of Vermont | 5,603 | $553.9K | 0.02% | +1,600+40.0% | Added |
| Meridian Wealth Management, LLC | 5,485 | $542.2K | 0.02% | +261+5.0% | Added |
| Sequoia Financial Advisors, LLC | 5,463 | $540.1K | 0.00% | +436+8.7% | Added |
| HM Payson & Co | 5,336 | $527.5K | 0.01% | −351−6.2% | Reduced |
| United Capital Financial Advisers, LLC | 5,308 | $524.7K | 0.00% | +40+0.8% | Added |
| Natural Investments, LLC | 5,283 | $522.0K | 0.13% | +75+1.4% | Added |
| Mountain Pacific Investment Advisers Inc | 5,250 | $519.0K | 0.08% | 00.0% | Unchanged |
| Corient IA LLC | 5,140 | $508.1K | 0.48% | −1,360−20.9% | Reduced |
| Minot DeBlois Advisors LLC | 5,132 | $507.3K | 0.46% | +103+2.0% | Added |
| First Pacific Financial | 5,127 | $506.8K | 0.07% | −316−5.8% | Reduced |
| Eagle Bay Advisors LLC | 5,117 | $505.8K | 0.37% | 00.0% | Unchanged |
| Monarch Capital Management Inc | 5,082 | $502.4K | 0.12% | +380+8.1% | Added |
| Vontobel Holding Ltd. | 5,066 | $501.1K | 0.00% | 00.0% | Unchanged |
| Gateway Investment Advisers LLC | 5,059 | $500.1K | 0.00% | +1,811+55.8% | Added |
| Syon Capital LLC | 5,057 | $499.9K | 0.02% | +1,384+37.7% | Added |
| Chesley Taft & Associates LLC | 5,040 | $498.2K | 0.02% | +1,500+42.4% | Added |
| Shelton Capital Management | 4,980 | $492.3K | 0.01% | 00.0% | Unchanged |
| Trust Co of the South | 4,941 | $488.4K | 0.08% | 00.0% | Unchanged |
| Advisory Services Network, LLC | 4,935 | $487.8K | 0.01% | −45−0.9% | Reduced |
| One Capital Management, LLC | 4,821 | $477.2K | 0.01% | +4,821 | New |
| Westwood Holdings Group Inc. | 4,761 | $470.6K | 0.00% | −954−16.7% | Reduced |
| Rhumbline Advisers | 4,760 | $470.5K | 0.00% | −424−8.2% | Reduced |
| Marshall Wace, LLP | 4,744 | $468.9K | 0.00% | +4,744 | New |
| Commerce Bank | 4,713 | $465.9K | 0.00% | −28−0.6% | Reduced |
| Crestwood Advisors Group LLC | 4,680 | $462.6K | 0.01% | +372+8.6% | Added |
| Cullen/Frost Bankers, Inc. | 4,678 | $462.5K | 0.01% | 00.0% | Unchanged |
| Centric Wealth Management | 4,824 | $461.6K | 0.10% | 00.0% | Unchanged |
| Sowell Financial Services LLC | 4,620 | $456.7K | 0.02% | −10.0% | Reduced |
| Terry L. Blaker | 4,586 | $453.3K | 0.02% | −230−4.8% | Reduced |
| Ewing Morris & Co. Investment Partners Ltd. | 4,507 | $451.8K | 0.20% | +21+0.5% | Added |
| Bartlett & Co. Wealth Management LLC | 4,564 | $451.2K | 0.01% | 00.0% | Unchanged |
| Benjamin Edwards Inc | 4,516 | $446.5K | 0.00% | +391+9.5% | Added |
| QRG Capital Management, Inc. | 4,469 | $441.8K | 0.00% | +107+2.5% | Added |
| Twinbeech Capital LP | 4,461 | $441.0K | 0.03% | +4,461 | New |
| First Financial Bank - Trust Division | 4,381 | $433.1K | 0.04% | −958−17.9% | Reduced |
| GSB Wealth Management, LLC | 4,373 | $432.3K | 0.10% | −986−18.4% | Reduced |
| Canandaigua National Bank & Trust Co | 4,320 | $427.0K | 0.04% | −40−0.9% | Reduced |
| Sargent Investment Group, LLC | 4,290 | $424.1K | 0.05% | +4,290 | New |
| Bryn Mawr Trust Co | 4,277 | $422.8K | 0.01% | −4−0.1% | Reduced |
| OpenArc Corporate Advisory, LLC | 4,275 | $422.6K | 0.01% | +4,275 | New |
| Equitable Holdings, Inc. | 4,185 | $413.7K | 0.00% | −282−6.3% | Reduced |
| Foundations Investment Advisors, LLC | 4,184 | $413.6K | 0.01% | −2,830−40.3% | Reduced |
| Park Avenue Securities LLC | 4,147 | $410.0K | 0.00% | −114−2.7% | Reduced |