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 |
|---|---|---|---|---|---|
| Rempart Asset Management Inc. | 184,567 | $18.9M | 3.98% | −15,880−7.9% | Reduced |
| Envestnet Asset Management Inc | 192,957 | $19.8M | 0.01% | +7,072+3.8% | Added |
| Montrusco Bolton Investments Inc. | 195,490 | $20.1M | 0.30% | −2,503−1.3% | Reduced |
| Raymond James Financial Inc | 196,811 | $20.2M | 0.01% | −36,793−15.8% | Reduced |
| Man Group plc | 198,941 | $20.4M | 0.04% | +84,749+74.2% | Added |
| Mn Services Vermogensbeheer B.V. | 204,395 | $21.0M | 0.14% | −400−0.2% | Reduced |
| Polar Asset Management Partners Inc. | 205,400 | $21.1M | 0.50% | +135,400+193.4% | Added |
| Ninepoint Partners LP | 206,330 | $21.2M | 2.51% | +84,808+69.8% | Added |
| Summitry LLC | 215,518 | $22.1M | 0.78% | +215,518 | New |
| Jones Financial Companies LLLP | 227,659 | $23.1M | 0.01% | +216,673+1,972.3% | Added |
| Great West Life Assurance Co | 234,740 | $24.1M | 0.04% | +710+0.3% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 235,432 | $24.2M | 0.05% | −8,269−3.4% | Reduced |
| Picton Mahoney Asset Management | 234,955 | $24.2M | 0.25% | −109,493−31.8% | Reduced |
| PBU - The Pension Fund of Early Childhood & Youth Educators | 241,265 | $24.8M | 0.37% | +116,463+93.3% | Added |
| Lighthouse Investment Partners, LLC | 245,818 | $25.3M | 0.95% | +245,818 | New |
| Guardian Partners Inc. | 249,906 | $25.7M | 2.14% | +995+0.4% | Added |
| Ycg, LLC | 257,059 | $26.4M | 2.39% | −36,093−12.3% | Reduced |
| Schonfeld Strategic Advisors LLC | 258,232 | $26.5M | 0.22% | −17,427−6.3% | Reduced |
| Natixis Advisors, L.P. | 267,410 | $27.5M | 0.04% | +5,362+2.0% | Added |
| Van Eck Associates Corp | 268,804 | $27.7M | 0.02% | +12,222+4.8% | Added |
| Waratah Capital Advisors Ltd. | 269,267 | $27.7M | 2.48% | +84,893+46.0% | Added |
| Public Sector Pension Investment Board | 268,860 | $27.7M | 0.09% | −72,249−21.2% | Reduced |
| Neuberger Berman Group LLC | 271,921 | $27.8M | 0.02% | +12,453+4.8% | Added |
| Korea Investment CORP | 280,617 | $28.8M | 0.06% | −44,924−13.8% | Reduced |
| Pictet Asset Management Holding SA | 285,367 | $29.3M | 0.03% | −2,718−0.9% | Reduced |
| Louisbourg Investments Inc. | 287,395 | $29.5M | 5.58% | −2,551−0.9% | Reduced |
| Bank of Nova Scotia Trust Co | 296,351 | $30.5M | 2.61% | +3,580+1.2% | Added |
| BCV Asset Management Inc. | 306,755 | $31.5M | 1.08% | +12,196+4.1% | Added |
| Jain Global LLC | 308,051 | $31.7M | 0.40% | +33,712+12.3% | Added |
| Verition Fund Management LLC | 329,756 | $33.9M | 0.33% | +329,756 | New |
| First Trust Advisors LP | 343,621 | $35.3M | 0.03% | −24,145−6.6% | Reduced |
| CIBC Bancorp USA Inc. | 354,449 | $36.4M | 0.05% | +354,449 | New |
| American Century Companies Inc | 358,419 | $36.9M | 0.02% | +62,295+21.0% | Added |
| Barclays PLC | 361,720 | $37.2M | 0.01% | +77,575+27.3% | Added |
| Saturna Capital CORP | 400,263 | $41.1M | 0.58% | +16,049+4.2% | Added |
| Lincluden Management Ltd | 404,264 | $42.3M | 4.50% | −14,858−3.5% | Reduced |
| BlackRock, Inc. | 412,113 | $42.4M | 0.00% | +27,058+7.0% | Added |
| Guardian Capital LP | 421,409 | $43.2M | 1.14% | +22,178+5.6% | Added |
| Two Sigma Investments, LP | 423,585 | $43.5M | 0.04% | −327,345−43.6% | Reduced |
| Northwest & Ethical Investments L.P. | 426,867 | $43.9M | 1.02% | −4,103−1.0% | Reduced |
| Dixon Mitchell Investment Counsel Inc. | 448,437 | $46.0M | 1.60% | −54,088−10.8% | Reduced |
| Quadrature Capital Ltd | 452,000 | $46.4M | 0.55% | −1,809,305−80.0% | Reduced |
| Renaissance Technologies LLC | 460,500 | $47.3M | 0.07% | +157,900+52.2% | Added |
| Aviva PLC | 461,754 | $47.4M | 0.08% | +13,142+2.9% | Added |
| DekaBank Deutsche Girozentrale | 456,770 | $47.7M | 0.08% | 00.0% | Unchanged |
| Voloridge Investment Management, LLC | 488,695 | $50.2M | 0.20% | −117,480−19.4% | Reduced |
| Brown Advisory Inc | 489,824 | $50.3M | 0.08% | −365,720−42.7% | Reduced |
| Russell Investments Group, Ltd. | 503,705 | $51.7M | 0.06% | −41,572−7.6% | Reduced |
| Bank of New York Mellon Corp | 504,017 | $51.8M | 0.01% | +3,420+0.7% | Added |
| SEI Investments Co | 505,257 | $51.9M | 0.05% | −71,869−12.5% | Reduced |
| Balyasny Asset Management LLC | 505,759 | $52.0M | 0.10% | −637,427−55.8% | Reduced |
| Cidel Asset Management Inc | 515,357 | $52.9M | 2.89% | +247,450+92.4% | Added |
| Vanguard Investments Australia, Ltd. | 518,832 | $53.4M | 0.15% | +518,832 | New |
| State of Tennessee, Treasury Department | 554,927 | $57.0M | 0.19% | +17,148+3.2% | Added |
| Omers Administration Corp | 580,000 | $59.5M | 0.38% | +580,000 | New |
| Northern Trust Corp | 591,453 | $60.8M | 0.01% | +31,437+5.6% | Added |
| Value Partners Investments Inc. | 605,969 | $62.2M | 4.75% | +1,814+0.3% | Added |
| QV Investors Inc. | 616,110 | $63.2M | 5.12% | −12,959−2.1% | Reduced |
| Addenda Capital Inc. | 460,005 | $65.9M | 1.85% | +6,003+1.3% | Added |
| British Columbia Investment Management Corp | 646,694 | $66.6M | 0.39% | −174,081−21.2% | Reduced |
| UBS Group AG | 668,497 | $68.7M | 0.01% | +216,543+47.9% | Added |
| Franklin Resources Inc | 713,045 | $73.4M | 0.02% | +83,473+13.3% | Added |
| Agf Management Ltd | 534,838 | $74.1M | 0.33% | −4,844−0.9% | Reduced |
| Scheer, Rowlett & Associates Investment Management Ltd. | 733,191 | $75.5M | 5.43% | −28,296−3.7% | Reduced |
| Alberta Investment Management Corp | 759,302 | $78.2M | 0.48% | +40,802+5.7% | Added |
| Point72 Asset Management, L.P. | 779,813 | $80.1M | 0.14% | +257,191+49.2% | Added |
| BLI - Banque de Luxembourg Investments | 844,888 | $82.3M | 2.46% | 00.0% | Unchanged |
| MUFG Securities (Canada), Ltd. | 809,402 | $83.2M | 2.39% | −24,684−3.0% | Reduced |
| Adage Capital Partners GP, L.L.C. | 857,585 | $88.1M | 0.14% | +545,085+174.4% | Added |
| Millennium Management LLC | 950,376 | $97.7M | 0.07% | +565,220+146.8% | Added |
| Douglass Winthrop Advisors, LLC | 954,295 | $98.1M | 1.80% | −49,225−4.9% | Reduced |
| Intact Investment Management Inc. | 961,420 | $98.9M | 2.82% | +395,500+69.9% | Added |
| Amundi | 1,021,905 | $105.0M | 0.03% | +200,842+24.5% | Added |
| Vanguard Asset Management, Ltd | 1,030,080 | $106.0M | 0.09% | +1,030,080 | New |
| Invesco Ltd. | 1,037,491 | $106.6M | 0.01% | −51,699−4.7% | Reduced |
| Letko, Brosseau & Associates Inc | 1,051,605 | $107.9M | 1.74% | +278,265+36.0% | Added |
| AQR Capital Management LLC | 1,131,846 | $115.5M | 0.05% | −102,184−8.3% | Reduced |
| Nuveen, LLC | 1,153,891 | $118.4M | 0.03% | −45,010−3.8% | Reduced |
| Cardinal Capital Management, Inc. | 1,185,461 | $121.6M | 3.28% | +211,111+21.7% | Added |
| Loring Wolcott & Coolidge Fiduciary Advisors LLP | 1,272,014 | $140.0M | 1.40% | −33,376−2.6% | Reduced |
| Dimensional Fund Advisors LP | 1,382,499 | $142.1M | 0.03% | +101,861+8.0% | Added |
| Bank of America Corp | 1,390,345 | $142.9M | 0.01% | −929,181−40.1% | Reduced |
| Stifel Financial Corp | 1,390,935 | $142.9M | 0.13% | +32,483+2.4% | Added |
| Mitsubishi UFJ Trust & Banking Corp | 1,411,788 | $143.5M | 0.35% | +1,411,788 | New |
| Bank of Nova Scotia | 1,397,099 | $143.8M | 0.25% | −1,429,311−50.6% | Reduced |
| Capital International Investors | 1,443,751 | $148.6M | 0.03% | −8,473,655−85.4% | Reduced |
| Citadel Advisors LLC | 1,549,725 | $159.3M | 0.11% | +1,265,858+445.9% | Added |
| Charles Schwab Investment Management Inc | 1,620,498 | $166.3M | 0.03% | +40,591+2.6% | Added |
| Swiss National Bank | 1,761,000 | $181.0M | 0.10% | +367,100+26.3% | Added |
| Findlay Park Partners LLP | 1,887,968 | $194.0M | 2.70% | +671,000+55.1% | Added |
| FMR LLC | 1,893,039 | $194.8M | 0.01% | +271,420+16.7% | Added |
| Toronto Dominion Bank | 1,962,533 | $202.0M | 0.39% | −83,814−4.1% | Reduced |
| Vanguard Global Advisers, LLC | 2,193,483 | $225.8M | 0.12% | +2,193,483 | New |
| Beutel, Goodman & Co Ltd. | 2,415,690 | $247.8M | 1.68% | −213,821−8.1% | Reduced |
| Fisher Asset Management, LLC | 2,534,484 | $260.5M | 0.09% | +254,706+11.2% | Added |
| Morgan Stanley | 2,665,627 | $273.9M | 0.02% | +16,535+0.6% | Added |
| Goldman Sachs Group Inc | 2,699,658 | $277.4M | 0.04% | −898,076−25.0% | Reduced |
| Troy Asset Management Ltd | 2,628,962 | $284.6M | 8.49% | −107,192−3.9% | Reduced |
| Harding Loevner LP | 2,841,460 | $292.1M | 3.01% | +697,809+32.6% | Added |
| JPMorgan Chase & Co | 2,937,155 | $297.6M | 0.02% | +591,988+25.2% | Added |