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Canadian Natural Resources Ltd

CNQ
Exchange
NYSE
Industry
Crude Petroleum & Natural Gas
SEC CIK
0001017413

No open-market purchases or sales by Canadian Natural Resources Ltd insiders were filed in the last 90 days; 749 institutions reported holding it in 13F filings for Q2 2026, worth $59.8B in total; Maverick Capital is the only superinvestor holding it.

13F holders, Q4 2023

Institutional positions in Canadian Natural Resources Ltd as of Dec 31, 2023. 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
564
+35 vs. Q3 2023
Shares held
797.7M
−16.1M (−2.0%) vs. Q3 2023
Total value
$52.4B
−$372.4M (−0.7%) vs. Q3 2023
New holders
92
201 more added
Sold out
57
182 more reduced

6 institutions that held it in Q3 2023 haven't filed for Q4 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2023: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting CNQ 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 holdersQ4 2023: 564 institutions
Q1 2021: 346 institutionsQ2 2021: 367 institutionsQ3 2021: 384 institutionsQ4 2021: 422 institutionsQ1 2022: 446 institutionsQ2 2022: 459 institutionsQ3 2022: 453 institutionsQ4 2022: 501 institutionsQ1 2023: 508 institutionsQ2 2023: 503 institutionsQ3 2023: 535 institutionsQ4 2023: 564 institutionsQ1 2024: 600 institutionsQ2 2024: 614 institutionsQ3 2024: 622 institutionsQ4 2024: 627 institutionsQ1 2025: 624 institutionsQ2 2025: 621 institutionsQ3 2025: 636 institutionsQ4 2025: 676 institutionsQ1 2026: 745 institutionsQ2 2026: 749 institutions
Value heldQ4 2023: $52.4B
Q1 2021: $25.1BQ2 2021: $29.2BQ3 2021: $29.7BQ4 2021: $34.2BQ1 2022: $51.2BQ2 2022: $44.1BQ3 2022: $37.2BQ4 2022: $45.5BQ1 2023: $45.5BQ2 2023: $46.0BQ3 2023: $52.8BQ4 2023: $52.4BQ1 2024: $61.7BQ2 2024: $55.6BQ3 2024: $50.4BQ4 2024: $45.2BQ1 2025: $47.4BQ2 2025: $46.7BQ3 2025: $46.9BQ4 2025: $49.6BQ1 2026: $77.1BQ2 2026: $59.8B
Institutions holding CNQ and their total value by quarter
QuarterHoldersValue
Q2 2026749$59.8B
Q1 2026745$77.1B
Q4 2025676$49.6B
Q3 2025636$46.9B
Q2 2025621$46.7B
Q1 2025624$47.4B
Q4 2024627$45.2B
Q3 2024622$50.4B
Q2 2024614$55.6B
Q1 2024600$61.7B
Q4 2023564$52.4B
Q3 2023535$52.8B
Q2 2023503$46.0B
Q1 2023508$45.5B
Q4 2022501$45.5B
Q3 2022453$37.2B
Q2 2022459$44.1B
Q1 2022446$51.2B
Q4 2021422$34.2B
Q3 2021384$29.7B
Q2 2021367$29.2B
Q1 2021346$25.1B

Institutions, Q4 2023

Shares, value and share of portfolio for each institution holding Canadian Natural Resources Ltd; share changes are against Q3 2023.

Institutions holding CNQ in Q4 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Immersion Capital LLP97,887$6.41M2.76%+97,887New
Millennium Management LLC99,000$6.49M0.01%−427,880−81.2%Reduced
Knights of Columbus Asset Advisors LLC100,814$6.61M0.42%+1,477+1.5%Added
Hennessy Advisors Inc106,300$6.96M0.35%−9,700−8.4%Reduced
Advisor Group Holdings, Inc.107,520$7.05M0.01%−2,014−1.8%Reduced
Cumberland Partners Ltd110,877$7.27M0.67%+8,620+8.4%Added
AustralianSuper Pty Ltd116,644$7.64M0.05%+58,974+102.3%Added
Investment Management Corp of Ontario119,609$7.84M0.19%+119,609New
Utah Retirement Systems126,230$8.31M0.11%00.0%Unchanged
Fiduciary Trust Co129,347$8.47M0.14%+2,110+1.7%Added
Hillsdale Investment Management Inc.135,250$8.86M0.72%+51,200+60.9%Added
Dividend Assets Capital, LLC136,622$8.95M1.76%+12,371+10.0%Added
Heronetta Management, L.P.104,800$9.10M6.44%−200−0.2%Reduced
Bessemer Group Inc143,358$9.42M0.02%+10,381+7.8%Added
Armor Advisors, L.L.C.147,106$9.64M9.31%−65,661−30.9%Reduced
K.J. Harrison & Partners Inc147,082$9.65M1.64%+55,945+61.4%Added
Employees Retirement System of Texas147,461$9.66M0.11%00.0%Unchanged
Dorchester Wealth Management Co148,967$9.71M1.80%−2,856−1.9%Reduced
Robotti Robert158,776$10.4M1.49%−1,980−1.2%Reduced
Stifel Financial Corp158,510$10.4M0.01%+61,497+63.4%Added
Aventail Capital Group, LP160,000$10.5M0.89%00.0%Unchanged
Pacific Heights Asset Management LLC160,000$10.5M0.90%+15,000+10.3%Added
Bridgewater Associates, LP165,444$10.9M0.06%+165,444New
Polar Capital Holdings Plc141,386$10.9M0.08%−251,416−64.0%Reduced
ExodusPoint Capital Management, LP167,347$11.0M0.14%−20,153−10.7%Reduced
Alliancebernstein L.P.175,025$11.5M0.00%−41,601−19.2%Reduced
Heathbridge Capital Management Ltd.176,275$11.6M4.96%−1,600−0.9%Reduced
Twin Tree Management, LP177,067$11.6M0.21%+177,067New
Barometer Capital Management Inc.142,810$12.3M3.50%−34,290−19.4%Reduced
Great West Life Assurance Co197,984$12.9M0.03%−2,466−1.2%Reduced
Miller Howard Investments Inc199,842$13.1M0.46%−28,692−12.6%Reduced
Wells Fargo & Company203,350$13.3M0.00%−5,157−2.5%Reduced
Raymond James Financial Services Advisors, Inc.206,580$13.5M0.02%+187,694+993.8%Added
Blue Grotto Capital, LLC211,950$13.9M3.04%−148,033−41.1%Reduced
BNP Paribas Arbitrage, SA218,692$14.3M0.03%−15,313−6.5%Reduced
STRS Ohio224,860$14.8M0.06%00.0%Unchanged
Natixis Advisors, L.P.228,921$15.0M0.04%+159,104+227.9%Added
Public Sector Pension Investment Board238,072$15.7M0.12%−53,285−18.3%Reduced
Forge First Asset Management Inc.243,800$16.0M8.08%−142,100−36.8%Reduced
Harbor Advisors LLC249,900$16.4M3.13%00.0%Unchanged
JBF Capital, Inc.254,649$16.7M3.26%00.0%Unchanged
Guinness Asset Management LTD255,888$16.8M0.37%−4,810−1.8%Reduced
Jefferies Financial Group Inc.257,572$16.9M0.26%+102,458+66.1%Added
Parkwood LLC259,648$17.0M2.73%+85,588+49.2%Added
Crossmark Global Holdings, Inc.261,872$17.2M0.36%−6,235−2.3%Reduced
Northwest & Ethical Investments L.P.265,466$17.4M0.53%−27,333−9.3%Reduced
Exencial Wealth Advisors, LLC268,584$17.6M0.72%−11,877−4.2%Reduced
Capital International Inc286,041$18.8M0.29%+105,505+58.4%Added
LMR Partners LLP291,746$19.1M0.48%+291,746New
Pacer Advisors, Inc.295,364$19.4M0.05%−299,110−50.3%Reduced
Renaissance Technologies LLC297,500$19.5M0.03%−38,000−11.3%Reduced
American Century Companies Inc298,079$19.5M0.01%+26,018+9.6%Added
Mudita Advisors LLP301,752$19.8M13.72%−30,000−9.0%Reduced
UBS Group AG305,687$20.0M0.01%+15,197+5.2%Added
U.S. Capital Wealth Advisors, LLC306,431$20.1M0.80%+8,005+2.7%Added
Guardian Capital Advisors LP314,016$20.8M2.17%−1,737−0.6%Reduced
QV Investors Inc.318,103$20.9M1.89%−99,275−23.8%Reduced
Merewether Investment Management, LP333,407$21.8M1.29%+333,407New
Zurcher Kantonalbank (Zurich Cantonalbank)331,838$21.8M0.08%−11,439−3.3%Reduced
Nicola Wealth Management Ltd.260,663$22.6M2.37%−80,837−23.7%Reduced
Rempart Asset Management Inc.354,940$23.3M4.82%−7,635−2.1%Reduced
Pictet Asset Management Holding SA356,352$23.5M0.03%+5,272+1.5%Added
Citigroup Inc357,622$23.5M0.03%+10,725+3.1%Added
Intact Investment Management Inc.360,580$23.6M0.96%−189,910−34.5%Reduced
Bank of Nova Scotia Trust Co369,936$24.2M2.72%−11,715−3.1%Reduced
Neuberger Berman Group LLC401,432$26.4M0.02%+2,858+0.7%Added
Jane Street Group, LLC410,128$26.7M0.03%+174,217+73.8%Added
Unigestion Holding SA414,341$27.1M1.49%+414,341New
O'Shaughnessy Asset Management, LLC414,830$27.2M0.36%+14,241+3.6%Added
Macquarie Group Ltd418,533$27.4M0.03%−447,696−51.7%Reduced
United Services Automobile Association424,083$27.8M0.62%+39,690+10.3%Added
Royal London Asset Management Ltd425,511$27.9M0.08%+3,655+0.9%Added
Canoe Financial LP446,655$29.3M0.57%−587,339−56.8%Reduced
Scheer, Rowlett & Associates Investment Management Ltd.447,083$29.3M2.21%−8,177−1.8%Reduced
Galibier Capital Management Ltd.451,424$29.7M7.71%−35,700−7.3%Reduced
NewEdge Wealth, LLC456,414$29.9M0.76%+44,568+10.8%Added
Baskin Financial Services Inc.464,287$30.4M2.74%+15,546+3.5%Added
PointState Capital LP506,552$33.2M1.19%−224,728−30.7%Reduced
HSBC Holdings PLC549,393$36.0M0.03%−24,860−4.3%Reduced
Susquehanna Portfolio Strategies, LLC592,400$38.8M0.69%+592,400New
Voloridge Investment Management, LLC609,933$40.0M0.16%+418,075+217.9%Added
Loomis Sayles & Co L P611,149$40.0M0.06%−7,538−1.2%Reduced
CI Private Wealth, LLC615,019$40.3M0.07%+186,706+43.6%Added
Envestnet Asset Management Inc674,970$44.2M0.02%+448,708+198.3%Added
Bowen Hanes & Co Inc703,320$46.1M1.39%+18,350+2.7%Added
Triasima Portfolio Management inc.753,047$49.4M4.08%−52,175−6.5%Reduced
Brandywine Global Investment Management, LLC800,129$52.4M0.42%+76,864+10.6%Added
First Manhattan Co809,821$53.1M0.18%−31,969−3.8%Reduced
State of Tennessee, Treasury Department830,561$54.7M0.21%+212,285+34.3%Added
GW&K Investment Management, LLC854,718$56.0M0.52%−21,206−2.4%Reduced
Clearbridge Investments, LLC855,000$56.0M0.05%+855,000New
Close Asset Management Ltd857,400$56.2M2.35%00.0%Unchanged
BlackRock Inc.868,175$56.9M0.00%−5,650−0.6%Reduced
Credit Suisse AG872,386$57.2M0.06%−85,628−8.9%Reduced
Deutsche Bank AG902,218$59.1M0.03%−532,901−37.1%Reduced
Dixon Mitchell Investment Counsel Inc.899,917$59.7M3.17%−3,484−0.4%Reduced
Korea Investment CORP964,931$63.2M0.17%+139,128+16.8%Added
Nuveen Asset Management, LLC1,006,298$66.2M0.02%+1,006,298New
Raymond James & Associates1,017,664$66.7M0.05%+229,765+29.2%Added
Soroban Capital Partners LP1,150,106$75.4M0.93%00.0%Unchanged