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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, Q2 2026

Institutional positions in Canadian National Railway Co as of Jun 30, 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
849
+28 vs. Q1 2026
Shares held
404.2M
+3.18M (+0.8%) vs. Q1 2026
Total value
$48.6B
+$6.63B (+15.8%) vs. Q1 2026
New holders
88
300 more added
Sold out
60
264 more reduced

10 institutions that held it in Q1 2026 haven't filed for Q2 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2026: 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.

Institutional holdersQ2 2026: 849 institutions
Q1 2021: 725 institutionsQ2 2021: 710 institutionsQ3 2021: 714 institutionsQ4 2021: 782 institutionsQ1 2022: 779 institutionsQ2 2022: 758 institutionsQ3 2022: 739 institutionsQ4 2022: 784 institutionsQ1 2023: 792 institutionsQ2 2023: 792 institutionsQ3 2023: 773 institutionsQ4 2023: 825 institutionsQ1 2024: 857 institutionsQ2 2024: 855 institutionsQ3 2024: 852 institutionsQ4 2024: 857 institutionsQ1 2025: 824 institutionsQ2 2025: 821 institutionsQ3 2025: 758 institutionsQ4 2025: 809 institutionsQ1 2026: 831 institutionsQ2 2026: 849 institutions
Value heldQ2 2026: $48.6B
Q1 2021: $46.7BQ2 2021: $43.5BQ3 2021: $48.5BQ4 2021: $51.5BQ1 2022: $54.6BQ2 2022: $47.2BQ3 2022: $50.2BQ4 2022: $54.8BQ1 2023: $54.5BQ2 2023: $55.1BQ3 2023: $49.4BQ4 2023: $57.2BQ1 2024: $59.1BQ2 2024: $51.9BQ3 2024: $50.0BQ4 2024: $43.1BQ1 2025: $41.8BQ2 2025: $44.8BQ3 2025: $38.9BQ4 2025: $40.8BQ1 2026: $42.0BQ2 2026: $48.6B
Institutions holding CNI and their total value by quarter
QuarterHoldersValue
Q2 2026849$48.6B
Q1 2026831$42.0B
Q4 2025809$40.8B
Q3 2025758$38.9B
Q2 2025821$44.8B
Q1 2025824$41.8B
Q4 2024857$43.1B
Q3 2024852$50.0B
Q2 2024855$51.9B
Q1 2024857$59.1B
Q4 2023825$57.2B
Q3 2023773$49.4B
Q2 2023792$55.1B
Q1 2023792$54.5B
Q4 2022784$54.8B
Q3 2022739$50.2B
Q2 2022758$47.2B
Q1 2022779$54.6B
Q4 2021782$51.5B
Q3 2021714$48.5B
Q2 2021710$43.5B
Q1 2021725$46.7B

Institutions, Q2 2026

Shares, value and share of portfolio for each institution holding Canadian National Railway Co; share changes are against Q1 2026.

Institutions holding CNI in Q2 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Coleford Investment Management Ltd.143,496$17.1M3.73%−2,725−1.9%Reduced
Aviso Financial Inc.143,847$17.2M0.60%−18,536−11.4%Reduced
Verition Fund Management LLC144,026$17.2M0.12%−185,730−56.3%Reduced
Public Employees Retirement System of Ohio144,020$17.2M0.05%+34,666+31.7%Added
LGT Group Foundation149,482$17.8M0.20%+10,492+7.5%Added
Cerity Partners LLC149,577$17.8M0.02%+1,491+1.0%Added
First Long Island Investors, LLC150,974$18.0M1.28%+540+0.4%Added
Mn Services Vermogensbeheer B.V.151,395$18.1M0.14%−53,000−25.9%Reduced
Claret Asset Management Corp161,814$19.3M2.08%−1,324−0.8%Reduced
State of Wisconsin Investment Board162,577$19.4M0.04%−2,400−1.5%Reduced
Nykredit A/S168,412$20.1M0.08%+168,412New
Nicola Wealth Management Ltd.168,600$20.1M2.32%00.0%Unchanged
Picton Mahoney Asset Management169,400$20.2M0.19%−65,555−27.9%Reduced
Purpose Unlimited Inc.169,483$20.3M0.78%+9,803+6.1%Added
Windward Capital Management Co170,467$20.3M1.54%−1,161−0.7%Reduced
Verity & Verity, LLC174,304$20.8M1.43%+1,170+0.7%Added
Captrust Financial Advisors177,519$21.2M0.03%+8,485+5.0%Added
Lighthouse Investment Partners, LLC180,713$21.5M0.67%−65,105−26.5%Reduced
Man Group plc181,084$21.6M0.04%−17,857−9.0%Reduced
Raymond James Financial Inc184,242$22.0M0.01%−12,569−6.4%Reduced
Rempart Asset Management Inc.184,692$22.0M4.51%+125+0.1%Added
Montrusco Bolton Investments Inc.184,690$22.0M0.34%−10,800−5.5%Reduced
Haven Global Partners, LLC187,000$22.3M17.10%+187,000New
Jane Street Group, LLC187,993$22.4M0.01%+143,115+318.9%Added
Voloridge Investment Management, LLC200,571$23.9M0.10%−288,124−59.0%Reduced
Fisher Asset Management, LLC205,216$24.5M0.01%−2,329,268−91.9%Reduced
Ycg, LLC207,945$24.8M2.18%−49,114−19.1%Reduced
Omers Administration Corp211,564$25.2M0.15%−368,436−63.5%Reduced
Brown Advisory Inc216,085$25.8M0.04%−273,739−55.9%Reduced
Capital International Investors217,121$25.9M0.01%−1,226,630−85.0%Reduced
Summitry LLC219,683$26.2M0.86%+4,165+1.9%Added
Korea Investment CORP223,067$26.6M0.05%−57,550−20.5%Reduced
Guardian Partners Inc.234,079$27.9M2.52%−15,827−6.3%Reduced
Ninepoint Partners LP234,260$27.9M2.49%+27,930+13.5%Added
Daiwa Securities Group Inc.236,907$28.2M0.06%+236,907New
Great West Life Assurance Co239,337$28.4M0.05%+4,597+2.0%Added
ExodusPoint Capital Management, LP245,141$29.2M0.27%+181,871+287.5%Added
Jones Financial Companies LLLP246,275$29.7M0.01%+18,616+8.2%Added
Zurcher Kantonalbank (Zurich Cantonalbank)248,900$29.7M0.06%+13,468+5.7%Added
Louisbourg Investments Inc.251,810$30.0M5.53%−35,585−12.4%Reduced
Walleye Capital LLC252,943$30.2M0.14%+251,074+13,433.6%Added
ARGA Investment Management, LP253,298$30.2M0.77%+226,497+845.1%Added
Pictet Asset Management Holding SA263,926$31.5M0.03%−21,441−7.5%Reduced
Van Eck Associates Corp273,682$32.6M0.02%+4,878+1.8%Added
First Trust Advisors LP280,253$33.4M0.02%−63,368−18.4%Reduced
Bank of Nova Scotia Trust Co287,270$34.3M2.84%−9,081−3.1%Reduced
Envestnet Asset Management Inc291,367$34.7M0.01%+98,410+51.0%Added
BCV Asset Management Inc.288,600$34.7M1.05%−18,155−5.9%Reduced
Natixis Advisors, L.P.297,433$35.5M0.04%+30,023+11.2%Added
Neuberger Berman Group LLC307,260$36.7M0.02%+35,339+13.0%Added
Encompass Capital Advisors LLC325,000$38.7M1.67%+325,000New
Barclays PLC334,663$39.9M0.01%−27,057−7.5%Reduced
CIBC Bancorp USA Inc.339,921$40.5M0.05%−14,528−4.1%Reduced
UBS Group AG379,861$45.3M0.01%−288,636−43.2%Reduced
DekaBank Deutsche Girozentrale456,770$46.8M0.08%00.0%Unchanged
Saturna Capital CORP400,815$47.8M0.58%+552+0.1%Added
Northwest & Ethical Investments L.P.400,958$47.8M1.11%−25,909−6.1%Reduced
Cidel Asset Management Inc403,673$48.2M2.32%−111,684−21.7%Reduced
Guardian Capital LP422,207$50.4M1.22%+798+0.2%Added
Lincluden Management Ltd324,110$54.9M5.38%−80,154−19.8%Reduced
Aviva PLC464,294$55.3M0.08%+2,540+0.6%Added
Quadrature Capital Ltd465,944$55.6M0.48%+13,944+3.1%Added
Millennium Management LLC473,152$56.4M0.04%−477,224−50.2%Reduced
American Century Companies Inc490,628$58.6M0.03%+132,209+36.9%Added
Dixon Mitchell Investment Counsel Inc.494,412$59.0M1.92%+45,975+10.3%Added
BlackRock, Inc.496,796$59.2M0.00%+84,683+20.5%Added
Point72 Asset Management, L.P.502,283$59.9M0.09%−277,530−35.6%Reduced
Adage Capital Partners GP, L.L.C.516,526$61.6M0.09%−341,059−39.8%Reduced
SEI Investments Co516,827$61.6M0.05%+11,570+2.3%Added
Invesco Ltd.524,812$62.6M0.00%−512,679−49.4%Reduced
Vanguard Investments Australia, Ltd.530,857$63.4M0.16%+12,025+2.3%Added
State of Tennessee, Treasury Department537,896$64.2M0.19%−17,031−3.1%Reduced
Bank of New York Mellon Corp552,853$65.9M0.01%+48,836+9.7%Added
QV Investors Inc.591,760$70.6M5.43%−24,350−4.0%Reduced
Public Sector Pension Investment Board599,765$71.5M0.19%+330,905+123.1%Added
Value Partners Investments Inc.607,648$72.4M5.05%+1,679+0.3%Added
Northern Trust Corp628,393$74.9M0.01%+36,940+6.2%Added
Healthcare of Ontario Pension Plan Trust Fund651,600$77.7M0.11%+501,600+334.4%Added
BLI - Banque de Luxembourg Investments683,667$81.6M2.88%−161,221−19.1%Reduced
Franklin Resources Inc685,127$81.7M0.02%−27,918−3.9%Reduced
British Columbia Investment Management Corp716,203$85.4M0.53%+69,509+10.7%Added
Scheer, Rowlett & Associates Investment Management Ltd.727,812$86.8M6.24%−5,379−0.7%Reduced
Agf Management Ltd540,109$88.4M0.34%+5,271+1.0%Added
Balyasny Asset Management LLC745,247$88.9M0.16%+239,488+47.4%Added
Alberta Investment Management Corp750,814$89.5M0.52%−8,488−1.1%Reduced
MUFG Securities (Canada), Ltd.765,088$91.2M2.46%−44,314−5.5%Reduced
Addenda Capital Inc.548,874$92.9M2.53%+88,869+19.3%Added
Russell Investments Group, Ltd.795,350$94.9M0.08%+291,645+57.9%Added
Amundi860,943$102.7M0.02%−160,962−15.8%Reduced
Bessemer Group Inc912,231$108.7M0.15%+908,136+22,176.7%Added
Douglass Winthrop Advisors, LLC936,884$111.7M1.93%−17,411−1.8%Reduced
Intact Investment Management Inc.955,760$114.0M3.24%−5,660−0.6%Reduced
Letko, Brosseau & Associates Inc1,027,674$122.6M1.81%−23,931−2.3%Reduced
Vanguard Asset Management, Ltd1,156,300$138.0M0.09%+126,220+12.3%Added
Nuveen, LLC1,236,343$147.5M0.04%+82,452+7.1%Added
Loring Wolcott & Coolidge Fiduciary Advisors LLP1,251,453$149.2M1.45%−20,561−1.6%Reduced
Cardinal Capital Management, Inc.1,254,252$149.4M3.61%+68,791+5.8%Added
Bank of America Corp1,269,855$151.4M0.01%−120,490−8.7%Reduced
Bank of Nova Scotia1,335,451$159.4M0.24%−61,648−4.4%Reduced
Stifel Financial Corp1,359,885$162.2M0.13%−31,050−2.2%Reduced