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 |
|---|---|---|---|---|---|
| Patten & Patten Inc | 64,944 | $6.67M | 0.40% | −1,350−2.0% | Reduced |
| Generali Asset Management SPA SGR | 46,470 | $6.65M | 0.14% | +459+1.0% | Added |
| ExodusPoint Capital Management, LP | 63,270 | $6.50M | 0.06% | −2,505−3.8% | Reduced |
| Ruffer LLP | 63,110 | $6.49M | 0.27% | +63,110 | New |
| PCJ Investment Counsel Ltd. | 62,260 | $6.41M | 1.82% | +30,110+93.7% | Added |
| Delaney Dennis R | 62,357 | $6.41M | 2.27% | +16,650+36.4% | Added |
| Maryland State Retirement & Pension System | 61,351 | $6.32M | 0.13% | +2,925+5.0% | Added |
| Sciencast Management LP | 61,454 | $6.32M | 0.80% | +17,427+39.6% | Added |
| Stamos Capital Partners, L.P. | 61,225 | $6.29M | 0.98% | +1,005+1.7% | Added |
| US Bancorp | 60,914 | $6.26M | 0.01% | −2,320−3.7% | Reduced |
| Triasima Portfolio Management inc. | 59,950 | $6.15M | 0.93% | +21,150+54.5% | Added |
| Utah Retirement Systems | 59,649 | $6.12M | 0.06% | −2,748−4.4% | Reduced |
| Cetera Investment Advisers | 59,543 | $6.12M | 0.01% | −359−0.6% | Reduced |
| DKRT Investments Corp. | 58,700 | $6.03M | 1.53% | −58,800−50.0% | Reduced |
| Gold Investment Management Ltd. | 56,064 | $5.76M | 1.79% | +1,530+2.8% | Added |
| Callahan Advisors, LLC | 55,891 | $5.74M | 0.48% | −2,531−4.3% | Reduced |
| Brown, Lisle/Cummings, Inc. | 54,928 | $5.64M | 1.41% | +150+0.3% | Added |
| Markel Group Inc.SuperinvestorMarkel Group | 53,500 | $5.50M | 0.05% | +9,000+20.2% | Added |
| Founders Capital Management, LLC | 53,315 | $5.48M | 0.90% | +1,362+2.6% | Added |
| White Pine Investment CO | 52,895 | $5.44M | 1.26% | +561+1.1% | Added |
| Puzo Michael J | 52,698 | $5.42M | 1.58% | −4,312−7.6% | Reduced |
| JLB & Associates Inc | 52,494 | $5.39M | 0.77% | −1,689−3.1% | Reduced |
| Burkett Asset Management Ltd | 52,342 | $5.38M | 5.30% | −3,625−6.5% | Reduced |
| Alliancebernstein L.P. | 53,691 | $5.31M | 0.00% | +80+0.1% | Added |
| Gradient Investments LLC | 51,488 | $5.29M | 0.08% | +33,378+184.3% | Added |
| XTX Topco Ltd | 51,480 | $5.29M | 0.09% | +40,123+353.3% | Added |
| Qube Research & Technologies Ltd | 51,451 | $5.29M | 0.01% | −47,308−47.9% | Reduced |
| Janus Henderson Group PLC | 49,805 | $5.10M | 0.00% | 00.0% | Unchanged |
| Azimuth Capital Investment Management LLC | 49,279 | $5.06M | 0.19% | +16,510+50.4% | Added |
| Motley Fool Asset Management LLC | 49,267 | $5.06M | 0.22% | −2,266−4.4% | Reduced |
| RiverFront Investment Group, LLC | 49,000 | $5.04M | 0.08% | +49,000 | New |
| Azzad Asset Management Inc | 48,487 | $4.98M | 0.50% | +6,932+16.7% | Added |
| Davis-Rea Ltd. | 47,404 | $4.86M | 1.27% | +2,770+6.2% | Added |
| Ausbil Investment Management Ltd | 47,069 | $4.86M | 2.42% | +10,437+28.5% | Added |
| Victory Capital Management Inc | 33,200 | $4.75M | 0.00% | −8,600−20.6% | Reduced |
| Reynders McVeigh Capital Management, LLC | 45,900 | $4.72M | 0.24% | −5,020−9.9% | Reduced |
| Jane Street Group, LLC | 44,878 | $4.61M | 0.00% | −223,195−83.3% | Reduced |
| Letson Investment Management, Inc. | 43,317 | $4.45M | 1.71% | −117−0.3% | Reduced |
| Templeton & Phillips Capital Management, LLC | 42,930 | $4.41M | 3.60% | +42,930 | New |
| Kidder Stephen W | 41,440 | $4.26M | 1.25% | −4,855−10.5% | Reduced |
| LGT Fund Management Co Ltd. | 40,889 | $4.21M | 0.18% | +20,249+98.1% | Added |
| Old West Investment Management, LLC | 40,955 | $4.21M | 0.46% | +40,955 | New |
| Squarepoint Ops LLC | 40,458 | $4.16M | 0.01% | +26,148+182.7% | Added |
| Gulf International Bank (UK) Ltd | 40,271 | $4.14M | 0.09% | +14,564+56.7% | Added |
| Costello Asset Management, INC | 39,240 | $4.03M | 1.39% | +38,910+11,790.9% | Added |
| Strong Tower Advisory Services | 38,727 | $3.98M | 0.75% | −123−0.3% | Reduced |
| Immersion Capital LLP | 38,634 | $3.97M | 6.32% | 00.0% | Unchanged |
| Motley Fool Wealth Management, LLC | 38,601 | $3.97M | 0.45% | −13,436−25.8% | Reduced |
| Banco Bilbao Vizcaya Argentaria, S.A. | 38,000 | $3.91M | 0.03% | −42,000−52.5% | Reduced |
| Morningstar Investment Management LLC | 37,553 | $3.87M | 0.24% | −3,196−7.8% | Reduced |
| Taproot Management LP | 37,219 | $3.82M | 0.72% | −89,656−70.7% | Reduced |
| Commonwealth Equity Services, LLC | 35,744 | $3.67M | 0.01% | +2,850+8.7% | Added |
| Pittenger & Anderson Inc | 35,735 | $3.67M | 0.15% | 00.0% | Unchanged |
| Allianz Asset Management GmbH | 34,534 | $3.54M | 0.00% | +2,580+8.1% | Added |
| Harrison Street Private Wealth LLC | 34,340 | $3.52M | 4.66% | +34,340 | New |
| Patrick Mauro Investment Advisor, INC. | 34,012 | $3.50M | 1.76% | −1,337−3.8% | Reduced |
| Lawson Kroeker Investment Management Inc | 33,384 | $3.43M | 1.00% | −800−2.3% | Reduced |
| Kensington Investment Counsel, LLC | 33,236 | $3.42M | 1.64% | −601−1.8% | Reduced |
| Act Two Investors LLC | 33,020 | $3.39M | 0.75% | −113,365−77.4% | Reduced |
| Cumberland Partners Ltd | 32,950 | $3.38M | 0.26% | +18,800+132.9% | Added |
| Graham Capital Management, L.P. | 32,233 | $3.31M | 0.11% | −27,647−46.2% | Reduced |
| Banque de Luxembourg S.A. | 31,889 | $3.28M | 1.70% | +30,765+2,737.1% | Added |
| Private Capital Advisors, Inc. | 31,878 | $3.28M | 0.38% | −200−0.6% | Reduced |
| Huntington National Bank | 31,358 | $3.22M | 0.02% | −118−0.4% | Reduced |
| Blair William & Co | 31,022 | $3.19M | 0.01% | −1,927−5.8% | Reduced |
| Elefante Mark B | 30,958 | $3.18M | 1.75% | +3,905+14.4% | Added |
| Bowen Hanes & Co Inc | 30,771 | $3.16M | 0.08% | −1,175−3.7% | Reduced |
| Capital World Investors | 30,600 | $3.15M | 0.00% | +893+3.0% | Added |
| Mediolanum International Funds Ltd | 30,954 | $3.14M | 0.03% | −26,987−46.6% | Reduced |
| Ameriprise Financial Inc | 26,829 | $3.13M | 0.00% | −257,051−90.5% | Reduced |
| Lido Advisors, LLC | 30,345 | $3.12M | 0.01% | −2,015−6.2% | Reduced |
| Adviser Investments LLC | 29,680 | $3.05M | 0.03% | +1,228+4.3% | Added |
| Groupama Asset Managment | 21,083 | $3.02M | 0.04% | +863+4.3% | Added |
| Sheets Smith Wealth Management | 28,625 | $2.94M | 0.33% | −10,000−25.9% | Reduced |
| Notis-McConarty Edward | 27,967 | $2.87M | 1.43% | −3,510−11.2% | Reduced |
| Summerhill Capital Management lnc. | 27,620 | $2.84M | 2.48% | +3,496+14.5% | Added |
| Susquehanna Advisors Group, Inc. | 27,600 | $2.84M | 0.13% | −600−2.1% | Reduced |
| Thrivent Financial for Lutherans | 27,221 | $2.79M | 0.01% | +27,221 | New |
| Commerce Bank | 27,144 | $2.79M | 0.01% | +22,431+475.9% | Added |
| ARGA Investment Management, LP | 26,801 | $2.76M | 0.09% | +6,558+32.4% | Added |
| Rothschild Investment LLC | 26,735 | $2.75M | 0.14% | +8,701+48.2% | Added |
| CWM Advisors, LLC | 25,865 | $2.66M | 0.16% | +1,038+4.2% | Added |
| Argent Trust Co | 25,838 | $2.66M | 0.09% | +333+1.3% | Added |
| Pekin Hardy Strauss, Inc. | 25,617 | $2.63M | 0.28% | −29−0.1% | Reduced |
| Baird Financial Group, Inc. | 25,435 | $2.61M | 0.00% | −1,658−6.1% | Reduced |
| Legacy Wealth Asset Management, LLC | 25,323 | $2.60M | 0.63% | +9,697+62.1% | Added |
| Davidson Kempner Capital Management LP | 25,000 | $2.57M | 0.05% | +25,000 | New |
| Smithbridge Asset Management Inc | 24,997 | $2.57M | 0.38% | −30,903−55.3% | Reduced |
| Farrow Financial Inc. | 24,752 | $2.54M | 1.44% | +2,102+9.3% | Added |
| Fairfax Financial Holdings LtdSuperinvestorFairfax Financial | 24,800 | $2.53M | 0.13% | +5,000+25.3% | Added |
| Numerai GP LLC | 24,335 | $2.50M | 0.25% | −50,615−67.5% | Reduced |
| Fiduciary Trust Co | 24,326 | $2.50M | 0.03% | −4,035−14.2% | Reduced |
| Keybank National Association | 24,170 | $2.48M | 0.01% | +1,866+8.4% | Added |
| Modera Wealth Management, LLC | 23,867 | $2.45M | 0.03% | +2,517+11.8% | Added |
| Hohimer Wealth Management, LLC | 23,496 | $2.41M | 0.30% | +15,954+211.5% | Added |
| Northwestern Mutual Wealth Management Co | 22,782 | $2.34M | 0.00% | −633−2.7% | Reduced |
| Pacifica Partners Inc. | 22,639 | $2.33M | 0.77% | −1,045−4.4% | Reduced |
| Zurich Insurance Group Ltd | 22,400 | $2.30M | 0.02% | 00.0% | Unchanged |
| Williams Jones Wealth Management, LLC. | 22,333 | $2.30M | 0.03% | −150−0.7% | Reduced |
| SIG North Trading, ULC | 21,616 | $2.22M | 0.45% | −44,685−67.4% | Reduced |