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.
| 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, Q2 2026
Shares, value and share of portfolio for each institution holding Canadian National Railway Co; share changes are against Q1 2026.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Two Sigma Investments, LP | 1,398,413 | $166.7M | 0.13% | +974,828+230.1% | Added |
| AQR Capital Management LLC | 1,406,399 | $167.7M | 0.06% | +274,553+24.3% | Added |
| Dimensional Fund Advisors LP | 1,440,786 | $171.8M | 0.03% | +58,287+4.2% | Added |
| Swiss National Bank | 1,672,400 | $199.0M | 0.10% | −88,600−5.0% | Reduced |
| Mitsubishi UFJ Trust & Banking Corp | 1,718,819 | $204.9M | 0.45% | +307,031+21.7% | Added |
| Charles Schwab Investment Management Inc | 1,718,110 | $205.0M | 0.03% | +97,612+6.0% | Added |
| Findlay Park Partners LLP | 1,826,068 | $217.7M | 2.94% | −61,900−3.3% | Reduced |
| FMR LLC | 1,824,799 | $217.8M | 0.01% | −68,240−3.6% | Reduced |
| StonePine Asset Management Inc. | 2,034,355 | $242.6M | 1.50% | +2,034,355 | New |
| Toronto Dominion Bank | 2,069,940 | $246.8M | 0.41% | +107,407+5.5% | Added |
| Beutel, Goodman & Co Ltd. | 2,105,136 | $251.1M | 1.85% | −310,554−12.9% | Reduced |
| Vanguard Global Advisers, LLC | 2,325,865 | $277.6M | 0.13% | +132,382+6.0% | Added |
| JPMorgan Chase & Co | 2,621,159 | $315.4M | 0.02% | −315,996−10.8% | Reduced |
| Troy Asset Management Ltd | 2,564,246 | $322.3M | 8.99% | −64,716−2.5% | Reduced |
| Goldman Sachs Group Inc | 3,129,271 | $373.1M | 0.04% | +429,613+15.9% | Added |
| Canoe Financial LP | 3,407,690 | $406.3M | 5.03% | −18,776−0.5% | Reduced |
| Morgan Stanley | 3,675,358 | $438.2M | 0.02% | +1,009,731+37.9% | Added |
| Scotia Capital Inc. | 3,802,550 | $452.8M | 1.69% | −122,362−3.1% | Reduced |
| Federation des caisses Desjardins du Quebec | 3,891,768 | $462.6M | 1.41% | +55,992+1.5% | Added |
| Lazard Asset Management LLC | 3,911,519 | $466.3M | 0.71% | −5,165,999−56.9% | Reduced |
| Legal & General Group Plc | 3,986,362 | $475.6M | 0.10% | −228,812−5.4% | Reduced |
| TD Waterhouse Canada Inc. | 4,297,955 | $514.6M | 1.35% | +116,530+2.8% | Added |
| Canada Pension Plan Investment Board | 4,462,797 | $532.0M | 0.29% | −27,384−0.6% | Reduced |
| Vanguard Fiduciary Trust Co | 4,816,343 | $574.8M | 0.13% | +21,121+0.4% | Added |
| CIBC World Markets Inc. | 5,025,832 | $602.2M | 1.01% | −73,565−1.4% | Reduced |
| Arrowstreet Capital, Limited Partnership | 5,152,780 | $614.4M | 0.27% | +424,278+9.0% | Added |
| Manufacturers Life Insurance Company, The | 5,303,746 | $631.7M | 0.49% | +899,494+20.4% | Added |
| Fiera Capital Corp | 5,406,877 | $644.0M | 2.34% | −784,633−12.7% | Reduced |
| Harding Loevner LP | 5,390,831 | $648.4M | 6.10% | +2,549,371+89.7% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 5,674,241 | $676.4M | 1.28% | +1,099,056+24.0% | Added |
| Norges Bank | 5,695,165 | $679.0M | 0.07% | +5,695,165 | New |
| Geode Capital Management, LLC | 5,829,986 | $706.7M | 0.04% | +607,775+11.6% | Added |
| Clearbridge Investments, LLC | 5,964,425 | $711.2M | 0.59% | +711,429+13.5% | Added |
| Price T Rowe Associates Inc | 6,052,322 | $721.7M | 0.07% | −424,251−6.6% | Reduced |
| Deutsche Bank AG | 6,062,146 | $722.9M | 0.21% | −1,142,973−15.9% | Reduced |
| National Bank of Canada | 6,761,268 | $805.3M | 0.71% | +76,139+1.1% | Added |
| CIBC Asset Management Inc | 6,861,848 | $819.9M | 1.80% | +3,193,207+87.0% | Added |
| Wellington Management Group LLP | 8,537,192 | $1.02B | 0.18% | −2,985,994−25.9% | Reduced |
| TCI Fund Management LtdSuperinvestorTCI Fund Management | 9,433,422 | $1.12B | 2.13% | −416,512−4.2% | Reduced |
| TD Asset Management Inc | 9,907,691 | $1.18B | 1.02% | −2,223,622−18.3% | Reduced |
| Mackenzie Financial Corp | 8,939,323 | $1.51B | 1.51% | +163,017+1.9% | Added |
| Bank of Montreal | 14,841,305 | $1.77B | 0.65% | +845,548+6.0% | Added |
| Vanguard Capital Management LLC | 15,918,701 | $1.90B | 0.04% | +120,099+0.8% | Added |
| 1832 Asset Management L.P. | 16,518,344 | $1.97B | 2.42% | −2,164,896−11.6% | Reduced |
| Caisse de Depot Et Placement du Quebec | 18,962,558 | $2.26B | 3.22% | +178,385+0.9% | Added |
| FIL Ltd | 19,129,315 | $2.28B | 1.64% | +2,288,097+13.6% | Added |
| Royal Bank of Canada | 31,156,081 | $3.72B | 0.63% | +3,646,856+13.3% | Added |
| Gates Foundation TrustSuperinvestorGates Foundation Trust | 51,826,786 | $6.18B | 17.95% | 00.0% | Unchanged |
| Massachusetts Financial Services Co | 1,417,278 | – | – | −2,333,392−62.2% | Reduced |
| Schonfeld Strategic Advisors LLC | 0 | $0 | 0.00% | −258,232−100.0% | Sold out |
| PBU - The Pension Fund of Early Childhood & Youth Educators | 0 | $0 | 0.00% | −241,265−100.0% | Sold out |
| Trexquant Investment LP | 0 | $0 | 0.00% | −158,913−100.0% | Sold out |
| DKRT Investments Corp. | 0 | $0 | 0.00% | −58,700−100.0% | Sold out |
| Davis-Rea Ltd. | 0 | $0 | 0.00% | −47,404−100.0% | Sold out |
| Victory Capital Management Inc | 0 | $0 | 0.00% | −33,200−100.0% | Sold out |
| Motley Fool Wealth Management, LLC | 0 | $0 | 0.00% | −38,601−100.0% | Sold out |
| Taproot Management LP | 0 | $0 | 0.00% | −37,219−100.0% | Sold out |
| Graham Capital Management, L.P. | 0 | $0 | 0.00% | −32,233−100.0% | Sold out |
| Susquehanna Advisors Group, Inc. | 0 | $0 | 0.00% | −27,600−100.0% | Sold out |
| Davidson Kempner Capital Management LP | 0 | $0 | 0.00% | −25,000−100.0% | Sold out |
| Numerai GP LLC | 0 | $0 | 0.00% | −24,335−100.0% | Sold out |
| SIG North Trading, ULC | 0 | $0 | 0.00% | −21,616−100.0% | Sold out |
| Caldwell Investment Management Ltd. | 0 | $0 | 0.00% | −10,800−100.0% | Sold out |
| Y-Intercept (Hong Kong) Ltd | 0 | $0 | 0.00% | −10,170−100.0% | Sold out |
| Wealthedge Investment Advisors, LLC | 0 | $0 | 0.00% | −8,507−100.0% | Sold out |
| Engineers Gate Manager LP | 0 | $0 | 0.00% | −7,434−100.0% | Sold out |
| Magnetar Financial LLC | 0 | $0 | 0.00% | −7,119−100.0% | Sold out |
| Capital International Inc | 0 | $0 | 0.00% | −6,836−100.0% | Sold out |
| Centiva Capital, LP | 0 | $0 | 0.00% | −6,795−100.0% | Sold out |
| Yousif Capital Management, LLC | 0 | $0 | 0.00% | −6,226−100.0% | Sold out |
| Nia Impact Advisors, LLC | 0 | $0 | 0.00% | −6,196−100.0% | Sold out |
| Worldquant Millennium Advisors LLC | 0 | $0 | 0.00% | −6,136−100.0% | Sold out |
| Stonehage Fleming Financial Services Holdings Ltd | 0 | $0 | 0.00% | −5,834−100.0% | Sold out |
| Bristol Gate Capital Partners Inc. | 0 | $0 | 0.00% | −5,700−100.0% | Sold out |
| Hancock Whitney Corp | 0 | $0 | 0.00% | −4,765−100.0% | Sold out |
| Gotham Asset Management, LLC | 0 | $0 | 0.00% | −4,491−100.0% | Sold out |
| Holocene Advisors, LP | 0 | $0 | 0.00% | −3,940−100.0% | Sold out |
| Pictet & Cie (Europe) SA | 0 | $0 | 0.00% | −2,890−100.0% | Sold out |
| Sterling Investment Management, Inc. | 0 | $0 | 0.00% | −2,722−100.0% | Sold out |
| Ieq Capital, LLC | 0 | $0 | 0.00% | −2,343−100.0% | Sold out |
| First Bank & Trust | 0 | $0 | 0.00% | −2,231−100.0% | Sold out |
| World Equity Group, Inc. | 0 | $0 | 0.00% | −2,208−100.0% | Sold out |
| Congress Asset Management Co | 0 | $0 | 0.00% | −2,045−100.0% | Sold out |
| Kestra Private Wealth Services, LLC | 0 | $0 | 0.00% | −2,021−100.0% | Sold out |
| Summit Financial, LLC | 0 | $0 | 0.00% | −2,006−100.0% | Sold out |
| Dorsey & Whitney Trust CO LLC | 0 | $0 | 0.00% | −1,957−100.0% | Sold out |
| Ballentine Partners, LLC | 0 | $0 | 0.00% | −1,953−100.0% | Sold out |
| Wealth Enhancement Trust Services, Inc. | 0 | $0 | 0.00% | −1,935−100.0% | Sold out |
| Mondrian Investment Partners LTD | 0 | $0 | 0.00% | −1,038−100.0% | Sold out |
| Vermillion Wealth Management, Inc. | 0 | $0 | 0.00% | −1,000−100.0% | Sold out |
| Resources Management Corp | 0 | $0 | 0.00% | −400−100.0% | Sold out |
| MBM Wealth Consultants, LLC | 0 | $0 | 0.00% | −362−100.0% | Sold out |
| First Command Advisory Services, Inc. | 0 | $0 | 0.00% | −330−100.0% | Sold out |
| DAGCO, Inc. | 0 | $0 | 0.00% | −325−100.0% | Sold out |
| Curio Wealth, LLC | 0 | $0 | 0.00% | −317−100.0% | Sold out |
| Coastline Trust Co | 0 | $0 | 0.00% | −290−100.0% | Sold out |
| Tiaa Trust, National Association | 0 | $0 | 0.00% | −227−100.0% | Sold out |
| Golden State Equity Partners | 0 | $0 | 0.00% | −208−100.0% | Sold out |
| Twin Peaks Wealth Advisors, LLC | 0 | $0 | 0.00% | −200−100.0% | Sold out |
| Sound Income Strategies, LLC | 0 | $0 | 0.00% | −132−100.0% | Sold out |