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, Q1 2026
Institutional positions in Canadian National Railway Co as of Mar 31, 2026. 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
- 831
- +33 vs. Q4 2025
- Shares held
- 401.2M
- +21.1M (+5.6%) vs. Q4 2025
- Total value
- $42.0B
- +$4.23B (+11.2%) vs. Q4 2025
- New holders
- 95
- 271 more added
- Sold out
- 62
- 286 more reduced
11 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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, Q1 2026
Shares, value and share of portfolio for each institution holding Canadian National Railway Co; share changes are against Q4 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| RiverFront Investment Group, LLC | 49,000 | $5.04M | 0.08% | +49,000 | New |
| Motley Fool Asset Management LLC | 49,267 | $5.06M | 0.22% | −2,266−4.4% | Reduced |
| Azimuth Capital Investment Management LLC | 49,279 | $5.06M | 0.19% | +16,510+50.4% | Added |
| Janus Henderson Group PLC | 49,805 | $5.10M | 0.00% | 00.0% | Unchanged |
| Qube Research & Technologies Ltd | 51,451 | $5.29M | 0.01% | −47,308−47.9% | Reduced |
| XTX Topco Ltd | 51,480 | $5.29M | 0.09% | +40,123+353.3% | Added |
| Gradient Investments LLC | 51,488 | $5.29M | 0.08% | +33,378+184.3% | Added |
| Alliancebernstein L.P. | 53,691 | $5.31M | 0.00% | +80+0.1% | Added |
| Burkett Asset Management Ltd | 52,342 | $5.38M | 5.30% | −3,625−6.5% | Reduced |
| JLB & Associates Inc | 52,494 | $5.39M | 0.77% | −1,689−3.1% | Reduced |
| Puzo Michael J | 52,698 | $5.42M | 1.58% | −4,312−7.6% | Reduced |
| White Pine Investment CO | 52,895 | $5.44M | 1.26% | +561+1.1% | Added |
| Founders Capital Management, LLC | 53,315 | $5.48M | 0.90% | +1,362+2.6% | Added |
| Markel Group Inc.SuperinvestorMarkel Group | 53,500 | $5.50M | 0.05% | +9,000+20.2% | Added |
| Brown, Lisle/Cummings, Inc. | 54,928 | $5.64M | 1.41% | +150+0.3% | Added |
| Callahan Advisors, LLC | 55,891 | $5.74M | 0.48% | −2,531−4.3% | Reduced |
| Gold Investment Management Ltd. | 56,064 | $5.76M | 1.79% | +1,530+2.8% | Added |
| DKRT Investments Corp. | 58,700 | $6.03M | 1.53% | −58,800−50.0% | Reduced |
| Cetera Investment Advisers | 59,543 | $6.12M | 0.01% | −359−0.6% | Reduced |
| Utah Retirement Systems | 59,649 | $6.12M | 0.06% | −2,748−4.4% | Reduced |
| Triasima Portfolio Management inc. | 59,950 | $6.15M | 0.93% | +21,150+54.5% | Added |
| US Bancorp | 60,914 | $6.26M | 0.01% | −2,320−3.7% | Reduced |
| Stamos Capital Partners, L.P. | 61,225 | $6.29M | 0.98% | +1,005+1.7% | Added |
| Sciencast Management LP | 61,454 | $6.32M | 0.80% | +17,427+39.6% | Added |
| Maryland State Retirement & Pension System | 61,351 | $6.32M | 0.13% | +2,925+5.0% | Added |
| Delaney Dennis R | 62,357 | $6.41M | 2.27% | +16,650+36.4% | Added |
| PCJ Investment Counsel Ltd. | 62,260 | $6.41M | 1.82% | +30,110+93.7% | Added |
| Ruffer LLP | 63,110 | $6.49M | 0.27% | +63,110 | New |
| ExodusPoint Capital Management, LP | 63,270 | $6.50M | 0.06% | −2,505−3.8% | Reduced |
| Generali Asset Management SPA SGR | 46,470 | $6.65M | 0.14% | +459+1.0% | Added |
| Patten & Patten Inc | 64,944 | $6.67M | 0.40% | −1,350−2.0% | Reduced |
| KWMG, LLC | 65,361 | $6.72M | 0.56% | +2,296+3.6% | Added |
| Toroso Investments, LLC | 67,178 | $6.90M | 0.02% | +9,386+16.2% | Added |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 68,018 | $6.98M | 0.01% | −112,883−62.4% | Reduced |
| Police & Firemen's Retirement System of New Jersey | 68,150 | $6.99M | 0.06% | −3,539−4.9% | Reduced |
| Somerville Kurt F | 69,562 | $7.15M | 1.89% | −36,895−34.7% | Reduced |
| Creative Planning | 70,398 | $7.23M | 0.00% | +6,962+11.0% | Added |
| The PNC Financial Services Group, Inc. | 70,662 | $7.26M | 0.00% | −63−0.1% | Reduced |
| State Street Corp | 72,172 | $7.42M | 0.00% | −64,500−47.2% | Reduced |
| Jennison Associates LLC | 72,524 | $7.45M | 0.01% | −766−1.0% | Reduced |
| Dillon & Associates Inc | 72,646 | $7.48M | 1.03% | −900−1.2% | Reduced |
| Kornitzer Capital Management Inc | 73,998 | $7.60M | 0.16% | 00.0% | Unchanged |
| O'Shaughnessy Asset Management, LLC | 75,040 | $7.71M | 0.04% | +10,219+15.8% | Added |
| Rothschild & Co Wealth Management UK Ltd | 77,296 | $7.94M | 0.12% | +9,133+13.4% | Added |
| Investment Management Corp of Ontario | 77,726 | $7.99M | 0.10% | +10,600+15.8% | Added |
| Great Lakes Advisors, LLC | 80,143 | $8.24M | 0.07% | −51,566−39.2% | Reduced |
| Northstar Asset Management Inc | 80,472 | $8.27M | 2.54% | −11,027−12.1% | Reduced |
| Broderick Brian C | 81,699 | $8.40M | 1.55% | +4,977+6.5% | Added |
| Franklin, Parlapiano, Turner & Welch, LLC | 74,503 | $8.50M | 2.02% | −602−0.8% | Reduced |
| SEB Asset Management AB | 82,963 | $8.51M | 0.04% | +82,963 | New |
| Wells Fargo & Company | 84,424 | $8.68M | 0.00% | −84,204−49.9% | Reduced |
| Bradley Foster & Sargent Inc | 84,779 | $8.71M | 0.14% | −1,313−1.5% | Reduced |
| Mariner, LLC | 84,904 | $8.72M | 0.01% | −554−0.6% | Reduced |
| Weybosset Research & Management LLC | 86,467 | $8.89M | 2.56% | +4,993+6.1% | Added |
| Ravenstone Capital Management Inc. | 88,242 | $9.05M | 4.52% | +110.0% | Added |
| Quantinno Capital Management LP | 89,902 | $9.24M | 0.02% | +22,312+33.0% | Added |
| Natixis | 95,626 | $9.83M | 0.04% | +61,779+182.5% | Added |
| Hillsdale Investment Management Inc. | 96,553 | $9.94M | 0.27% | +16,856+21.2% | Added |
| PensionDanmark Pensionsforsikringsaktieselskab | 98,223 | $10.1M | 0.10% | +856+0.9% | Added |
| USS Investment Management Ltd | 99,638 | $10.2M | 0.04% | 00.0% | Unchanged |
| Silvercrest Asset Management Group LLC | 99,669 | $10.2M | 0.07% | −637−0.6% | Reduced |
| Principal Financial Group Inc | 102,100 | $10.5M | 0.01% | −12,400−10.8% | Reduced |
| Rockefeller Capital Management L.P. | 102,506 | $10.5M | 0.02% | −5,487−5.1% | Reduced |
| Union Bancaire Privee, UBP SA | 58,783 | $10.8M | 0.20% | +12,471+26.9% | Added |
| Hendershot Investments Inc. | 106,345 | $10.9M | 1.47% | +3,014+2.9% | Added |
| LPL Financial LLC | 107,918 | $11.1M | 0.00% | +7,324+7.3% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 108,569 | $11.2M | 0.01% | +68,142+168.6% | Added |
| Public Employees Retirement System of Ohio | 109,354 | $11.2M | 0.04% | −62,837−36.5% | Reduced |
| Royal London Asset Management Ltd | 109,863 | $11.3M | 0.02% | −1,217−1.1% | Reduced |
| Lorne Steinberg Wealth Management Inc. | 113,980 | $11.7M | 2.78% | +18,425+19.3% | Added |
| Citigroup Inc | 114,428 | $11.7M | 0.01% | −118,301−50.8% | Reduced |
| Scharf Investments, LLC | 114,717 | $11.8M | 0.36% | +30,927+36.9% | Added |
| Quantbot Technologies LP | 114,990 | $11.8M | 0.48% | +1,399+1.2% | Added |
| Pinnacle Associates Ltd | 116,904 | $12.0M | 0.15% | −120−0.1% | Reduced |
| Lansforsakringar Fondforvaltning AB (publ) | 121,521 | $12.5M | 0.07% | +857+0.7% | Added |
| Hemenway Trust Co LLC | 124,717 | $12.8M | 1.03% | −8,908−6.7% | Reduced |
| Choate Investment Advisors | 127,054 | $13.1M | 0.26% | −3,156−2.4% | Reduced |
| Swiss Life Asset Management Ltd | 127,333 | $13.1M | 0.06% | +14,181+12.5% | Added |
| Crossmark Global Holdings, Inc. | 127,722 | $13.1M | 0.19% | −4,976−3.7% | Reduced |
| Papp L Roy & Associates | 131,499 | $13.5M | 1.56% | −225−0.2% | Reduced |
| APG Asset Management N.V. | 152,051 | $13.5M | 0.04% | −13,985−8.4% | Reduced |
| Cardinal Point Capital Management, ULC | 135,114 | $13.9M | 0.85% | +2,641+2.0% | Added |
| BNP Paribas Arbitrage, SA | 138,216 | $14.2M | 0.01% | +11,331+8.9% | Added |
| LGT Group Foundation | 138,990 | $14.3M | 0.17% | −37,277−21.1% | Reduced |
| Varma Mutual Pension Insurance Co | 140,446 | $14.4M | 0.08% | +45,000+47.1% | Added |
| Banque Transatlantique SA | 140,699 | $14.6M | 0.35% | −22,326−13.7% | Reduced |
| Vident Advisory, LLC | 144,697 | $14.9M | 0.13% | +6,505+4.7% | Added |
| Coleford Investment Management Ltd. | 146,221 | $15.0M | 3.68% | +2,270+1.6% | Added |
| Cerity Partners LLC | 148,086 | $15.2M | 0.02% | +25,303+20.6% | Added |
| Healthcare of Ontario Pension Plan Trust Fund | 150,000 | $15.4M | 0.03% | +96,233+179.0% | Added |
| First Long Island Investors, LLC | 150,434 | $15.5M | 1.25% | +8,948+6.3% | Added |
| Trexquant Investment LP | 158,913 | $16.3M | 0.12% | +158,913 | New |
| Purpose Unlimited Inc. | 159,680 | $16.4M | 0.68% | +34,013+27.1% | Added |
| Aviso Financial Inc. | 162,383 | $16.7M | 0.59% | −4,614−2.8% | Reduced |
| Claret Asset Management Corp | 163,138 | $16.8M | 2.01% | +42,783+35.5% | Added |
| State of Wisconsin Investment Board | 164,977 | $16.9M | 0.04% | −19,600−10.6% | Reduced |
| Nicola Wealth Management Ltd. | 168,600 | $17.3M | 2.08% | −30,200−15.2% | Reduced |
| Captrust Financial Advisors | 169,034 | $17.4M | 0.03% | +3,781+2.3% | Added |
| Windward Capital Management Co | 171,628 | $17.6M | 1.44% | −672−0.4% | Reduced |
| Verity & Verity, LLC | 173,134 | $17.8M | 1.33% | +8,717+5.3% | Added |