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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
Jennison Associates LLC72,524$8.65M0.01%00.0%Unchanged
Northstar Asset Management Inc71,406$8.51M2.50%−9,066−11.3%Reduced
The PNC Financial Services Group, Inc.70,861$8.45M0.00%+199+0.3%Added
US Bancorp70,662$8.43M0.01%+9,748+16.0%Added
Police & Firemen's Retirement System of New Jersey69,589$8.30M0.06%+1,439+2.1%Added
Logan Capital Management Inc67,405$8.04M0.30%+67,405New
KWMG, LLC66,610$7.94M0.57%+1,249+1.9%Added
PCJ Investment Counsel Ltd.64,960$7.74M2.23%+2,700+4.3%Added
Patten & Patten Inc64,669$7.71M0.41%−275−0.4%Reduced
Somerville Kurt F63,272$7.54M1.80%−6,290−9.0%Reduced
Cetera Investment Advisers61,712$7.36M0.01%+2,169+3.6%Added
Maryland State Retirement & Pension System61,063$7.28M0.12%−288−0.5%Reduced
Ruffer LLP60,250$7.18M0.25%−2,860−4.5%Reduced
Delaney Dennis R59,062$7.04M2.24%−3,295−5.3%Reduced
Ausbil Investment Management Ltd56,806$6.77M3.06%+9,737+20.7%Added
Gold Investment Management Ltd.56,629$6.75M1.83%+565+1.0%Added
Brown, Lisle/Cummings, Inc.54,928$6.55M1.47%00.0%Unchanged
Utah Retirement Systems54,211$6.47M0.06%−5,438−9.1%Reduced
Gradient Investments LLC53,574$6.39M0.09%+2,086+4.1%Added
Markel Group Inc.SuperinvestorMarkel Group53,500$6.38M0.05%00.0%Unchanged
Founders Capital Management, LLC53,315$6.36M0.95%00.0%Unchanged
Jupiter Topco LLC53,005$6.33M0.00%+53,005New
White Pine Investment CO53,065$6.33M1.35%+170+0.3%Added
Callahan Advisors, LLC52,841$6.30M0.48%−3,050−5.5%Reduced
Stamos Capital Partners, L.P.51,425$6.13M0.94%−9,800−16.0%Reduced
Costello Asset Management, INC50,365$6.01M1.80%+11,125+28.4%Added
Azzad Asset Management Inc49,777$5.94M0.53%+1,290+2.7%Added
Puzo Michael J49,603$5.91M1.52%−3,095−5.9%Reduced
RiverFront Investment Group, LLC49,437$5.89M0.08%+437+0.9%Added
Alliancebernstein L.P.57,202$5.88M0.00%+3,511+6.5%Added
JLB & Associates Inc49,235$5.87M0.78%−3,259−6.2%Reduced
Azimuth Capital Investment Management LLC49,077$5.85M0.20%−202−0.4%Reduced
Motley Fool Asset Management LLC47,207$5.63M0.22%−2,060−4.2%Reduced
Old West Investment Management, LLC46,220$5.51M0.58%+5,265+12.9%Added
Burkett Asset Management Ltd46,212$5.50M5.14%−6,130−11.7%Reduced
Renaissance Technologies LLC46,100$5.50M0.01%−414,400−90.0%Reduced
Reynders McVeigh Capital Management, LLC45,658$5.44M0.24%−242−0.5%Reduced
Allianz Asset Management GmbH45,226$5.39M0.00%+10,692+31.0%Added
FNY Investment Advisers, LLC43,300$5.16M1.89%+43,300New
Letson Investment Management, Inc.43,265$5.16M1.89%−52−0.1%Reduced
K.J. Harrison & Partners Inc42,654$5.08M0.72%+21,673+103.3%Added
Capital World Investors41,433$4.94M0.00%+10,833+35.4%Added
Thrivent Financial for Lutherans41,138$4.91M0.01%+13,917+51.1%Added
Pittenger & Anderson Inc40,465$4.83M0.17%+4,730+13.2%Added
Hudson Bay Capital Management LP40,000$4.77M0.02%+40,000New
Gulf International Bank (UK) Ltd39,700$4.73M0.09%−571−1.4%Reduced
Kidder Stephen W39,510$4.71M1.19%−1,930−4.7%Reduced
Commonwealth Equity Services, LLC38,753$4.62M0.01%+3,009+8.4%Added
Cumberland Partners Ltd38,450$4.59M0.30%+5,500+16.7%Added
Strong Tower Advisory Services38,294$4.57M0.82%−433−1.1%Reduced
HRT Financial LP36,097$4.30M0.01%+21,920+154.6%Added
LGT Fund Management Co Ltd.35,253$4.20M0.18%−5,636−13.8%Reduced
Elefante Mark B34,693$4.14M1.78%+3,735+12.1%Added
Harrison Street Private Wealth LLC34,287$4.09M5.76%−53−0.2%Reduced
Andra AP-fonden23,641$4.00M0.05%+23,641New
Oppenheimer Asset Management Inc.33,199$3.96M0.04%+15,943+92.4%Added
Act Two Investors LLC33,020$3.94M0.80%00.0%Unchanged
Morningstar Investment Management LLC37,553$3.87M0.24%00.0%Unchanged
SRS Capital Advisors, Inc.32,398$3.86M0.03%+30,980+2,184.8%Added
Principal Financial Group Inc32,100$3.83M0.00%−70,000−68.6%Reduced
Blair William & Co32,101$3.83M0.01%+1,079+3.5%Added
Lawson Kroeker Investment Management Inc32,036$3.82M1.06%−1,348−4.0%Reduced
Kensington Investment Counsel, LLC31,828$3.80M1.65%−1,408−4.2%Reduced
Patrick Mauro Investment Advisor, INC.31,672$3.78M1.90%−2,340−6.9%Reduced
Mediolanum International Funds Ltd31,221$3.75M0.03%+267+0.9%Added
Huntington National Bank30,994$3.70M0.02%−364−1.2%Reduced
Keybank National Association30,982$3.69M0.01%+6,812+28.2%Added
Groupama Asset Managment21,478$3.66M0.05%+395+1.9%Added
XTX Topco Ltd30,626$3.65M0.05%−20,854−40.5%Reduced
Banque de Luxembourg S.A.30,377$3.63M1.71%−1,512−4.7%Reduced
Qube Research & Technologies Ltd29,675$3.54M0.00%−21,776−42.3%Reduced
Fideuram Asset Management (Ireland) dac21,160$3.46M0.07%+21,160New
Adviser Investments LLC28,923$3.45M0.03%−757−2.6%Reduced
Sheets Smith Wealth Management28,625$3.41M0.34%00.0%Unchanged
Private Capital Advisors, Inc.28,493$3.40M0.30%−3,385−10.6%Reduced
Lido Advisors, LLC27,897$3.33M0.01%−2,448−8.1%Reduced
Ameriprise Financial Inc23,952$3.32M0.00%−2,877−10.7%Reduced
Pinnacle Financial Partners, Inc.27,782$3.31M0.02%+8,759+46.0%Added
Notis-McConarty Edward27,487$3.28M1.42%−480−1.7%Reduced
Commerce Bank27,323$3.26M0.01%+179+0.7%Added
Rothschild Investment LLC26,898$3.21M0.12%+163+0.6%Added
Summerhill Capital Management lnc.26,721$3.18M2.54%−899−3.3%Reduced
Bowen Hanes & Co Inc30,771$3.16M0.08%00.0%Unchanged
Argent Trust Co26,355$3.14M0.09%+517+2.0%Added
Vestcor Inc26,100$3.11M0.08%+26,100New
Baird Financial Group, Inc.26,031$3.10M0.00%+596+2.3%Added
Quantbot Technologies LP25,704$3.06M0.12%−89,286−77.6%Reduced
Pekin Hardy Strauss, Inc.25,617$3.05M0.27%00.0%Unchanged
Northwestern Mutual Wealth Management Co25,480$3.04M0.00%+2,698+11.8%Added
Intech Investment Management LLC25,396$3.03M0.03%+7,869+44.9%Added
Stolper Co25,286$3.02M0.78%+25,286New
Legacy Wealth Asset Management, LLC25,219$3.01M0.66%−104−0.4%Reduced
Farrow Financial Inc.24,976$2.98M1.59%+224+0.9%Added
Smithbridge Asset Management Inc24,906$2.97M0.40%−91−0.4%Reduced
Fairfax Financial Holdings LtdSuperinvestorFairfax Financial24,800$2.95M0.11%00.0%Unchanged
CWM Advisors, LLC24,558$2.93M0.12%−1,307−5.1%Reduced
Vestmark Advisory Solutions, Inc.24,550$2.93M0.03%+11,903+94.1%Added
Fifth Third Bancorp24,327$2.90M0.00%+8,961+58.3%Added
Hohimer Wealth Management, LLC24,289$2.90M0.30%+793+3.4%Added
Modera Wealth Management, LLC24,241$2.89M0.03%+374+1.6%Added