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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
Russell Investments Group, Ltd.1,167,063$76.6M0.14%−25,205−2.1%Reduced
Federation des caisses Desjardins du Quebec1,129,747$79.6M0.75%−30,426−2.6%Reduced
Northern Trust Corp1,236,847$81.0M0.01%+695,107+128.3%Added
Cidel Asset Management Inc1,243,876$81.9M3.51%−121,636−8.9%Reduced
DekaBank Deutsche Girozentrale1,273,067$83.0M0.17%−13,389−1.0%Reduced
Marathon Asset Mgmt Ltd1,253,999$83.5M2.34%−395,599−24.0%Reduced
Montrusco Bolton Investments Inc.1,280,195$84.3M1.05%+47,152+3.8%Added
Credential Qtrade Securities Inc.1,298,656$85.1M5.08%+81,121+6.7%Added
Letko, Brosseau & Associates Inc1,359,028$89.5M1.63%−201,015−12.9%Reduced
Franklin Resources Inc1,436,229$94.1M0.04%−863,380−37.5%Reduced
Bank of New York Mellon Corp1,536,239$100.7M0.02%+265,310+20.9%Added
Ingalls & Snyder LLC1,538,861$100.8M4.58%−62,735−3.9%Reduced
Fiera Capital Corp1,604,391$105.0M0.32%−53,554−3.2%Reduced
Waratah Capital Advisors Ltd.1,697,523$111.2M6.34%−77,462−4.4%Reduced
Addenda Capital Inc.1,345,335$118.1M4.62%+2,967+0.2%Added
Guardian Capital LP2,050,164$135.0M4.84%−266,327−11.5%Reduced
British Columbia Investment Management Corp2,146,559$140.6M1.15%+1,384,653+181.7%Added
WCM Investment Management, LLC2,192,895$143.3M0.40%+2,169,561+9,297.9%Added
Scotia Capital Inc.2,239,515$146.6M0.95%+86,718+4.0%Added
Massachusetts Financial Services Co2,301,617$150.8M0.05%−59,827−2.5%Reduced
Omers Administration Corp2,301,125$151.5M1.91%−332,668−12.6%Reduced
Sumitomo Mitsui Trust Holdings, Inc.2,579,894$168.8M0.12%−48,130−1.8%Reduced
Principal Financial Group Inc2,703,000$178.0M0.11%+2,544,593+1,606.4%Added
EdgePoint Investment Group Inc.2,739,338$178.6M1.55%−263,314−8.8%Reduced
Agf Management Ltd2,879,077$195.1M1.15%+715,347+33.1%Added
Invesco Ltd.3,194,970$209.3M0.05%−287,532−8.3%Reduced
Price T Rowe Associates Inc3,236,829$212.1M0.03%+3,236,829New
Alberta Investment Management Corp3,244,131$213.6M2.01%+6,300+0.2%Added
Amundi3,353,087$218.4M0.10%−71,080−2.1%Reduced
Swiss National Bank3,545,931$232.7M0.17%−163,500−4.4%Reduced
TD Waterhouse Canada Inc.2,712,048$240.4M2.24%+172,539+6.8%Added
Dimensional Fund Advisors LP3,731,901$244.5M0.07%−77,711−2.0%Reduced
National Bank of Canada4,018,127$263.9M0.48%−2,405,116−37.4%Reduced
Ameriprise Financial Inc4,180,521$273.9M0.08%+181,479+4.5%Added
Geode Capital Management, LLC4,174,502$276.2M0.03%+101,483+2.5%Added
Legal & General Group Plc4,423,187$291.2M0.09%−50,209−1.1%Reduced
Janus Henderson Group PLC4,729,533$310.2M0.18%+332,838+7.6%Added
Boston Partners5,187,260$339.2M0.45%−1,157,309−18.2%Reduced
Morgan Stanley5,331,630$349.3M0.03%−1,979,431−27.1%Reduced
Goldman Sachs Group Inc5,513,329$361.2M0.08%+1,870,882+51.4%Added
Connor, Clark & Lunn Investment Management Ltd.5,736,563$375.8M1.75%−1,330,292−18.8%Reduced
JPMorgan Chase & Co6,686,164$438.1M0.04%+2,215,277+49.5%Added
Wellington Management Group LLP7,361,103$482.4M0.09%−485,055−6.2%Reduced
GQG Partners LLC7,522,771$492.9M1.04%−12,561,869−62.5%Reduced
Toronto Dominion Bank9,314,527$610.3M0.89%−2,328,149−20.0%Reduced
Capital International Investors9,819,333$643.3M0.14%+4,989,634+103.3%Added
CIBC Asset Management Inc11,532,776$758.0M2.84%−149,274−1.3%Reduced
Bank of Nova Scotia12,882,452$844.0M1.58%−3,855,811−23.0%Reduced
Manufacturers Life Insurance Company, The13,352,245$876.2M0.52%+499,460+3.9%Added
Bank of America Corp13,614,728$892.0M0.10%+11,868,365+679.6%Added
Yacktman Asset Management LP14,929,792$978.2M9.10%−149,461−1.0%Reduced
T. Rowe Price Investment Management, Inc.14,943,608$979.1M0.64%+5,082,636+51.5%Added
Mackenzie Financial Corp15,707,050$1.03B1.55%−1,382,491−8.1%Reduced
1832 Asset Management L.P.15,792,161$1.03B1.95%+58,960+0.4%Added
Canada Pension Plan Investment Board21,389,589$1.41B1.78%−2,262,900−9.6%Reduced
TD Asset Management Inc21,562,341$1.42B1.40%+4,224,598+24.4%Added
CIBC World Markets Inc.21,872,533$1.43B4.06%+11,310,477+107.1%Added
FIL Ltd23,340,567$1.53B1.61%+250,256+1.1%Added
Bank of Montreal27,648,097$1.83B0.99%−7,543,777−21.4%Reduced
Vanguard Group Inc43,099,191$2.82B0.06%+835,633+2.0%Added
FMR LLC44,856,546$2.94B0.23%+475,008+1.1%Added
Royal Bank of Canada57,736,424$3.78B0.94%−4,970,865−7.9%Reduced
Capital Research Global Investors83,467,931$5.47B1.35%−5,352,494−6.0%Reduced
Capital World Investors143,659,675$9.41B1.67%−4,972,860−3.3%Reduced
Healthcare of Ontario Pension Plan Trust Fund0$00.00%−7,640,000−100.0%Sold out
Arrowstreet Capital, Limited Partnership0$00.00%−4,983,816−100.0%Sold out
Point72 Asset Management, L.P.0$00.00%−1,724,134−100.0%Sold out
State of Wisconsin Investment Board0$00.00%−765,811−100.0%Sold out
Susquehanna International Group, LLP0$00.00%−603,143−100.0%Sold out
Schonfeld Strategic Advisors LLC0$00.00%−516,400−100.0%Sold out
Quadrature Capital Ltd0$00.00%−427,300−100.0%Sold out
iA Global Asset Management Inc.0$00.00%−216,618−100.0%Sold out
Genus Capital Management Inc.0$00.00%−107,319−100.0%Sold out
Point72 Europe (London) LLP0$00.00%−82,900−100.0%Sold out
Pinnbrook Capital Management LP0$00.00%−76,774−100.0%Sold out
Adams Natural Resources Fund, Inc.0$00.00%−69,200−100.0%Sold out
Moore Capital Management, LP0$00.00%−66,912−100.0%Sold out
State Board of Administration of Florida Retirement System0$00.00%−59,183−100.0%Sold out
Skye Global Management LP0$00.00%−50,400−100.0%Sold out
BW Gestao de Investimentos Ltda.0$00.00%−30,000−100.0%Sold out
Fayez Sarofim & Co0$00.00%−31,634−100.0%Sold out
K2 Principal Fund, L.P.0$00.00%−30,000−100.0%Sold out
Bornite Capital Management LP0$00.00%−20,000−100.0%Sold out
Continuum Advisory, LLC0$00.00%−16,816−100.0%Sold out
Ontario Teachers Pension Plan Board0$00.00%−13,511−100.0%Sold out
Horizon Investments, LLC0$00.00%−9,924−100.0%Sold out
J. Goldman & Co LP0$00.00%−9,595−100.0%Sold out
Mount Lucas Management LP0$00.00%−9,395−100.0%Sold out
Axq Capital, LP0$00.00%−8,500−100.0%Sold out
Sanders Morris Harris LLC0$00.00%−7,800−100.0%Sold out
BBR Partners, LLC0$00.00%−7,440−100.0%Sold out
Independent Solutions Wealth Management, LLC0$00.00%−6,558−100.0%Sold out
Prudential PLC0$00.00%−6,410−100.0%Sold out
Seven Eight Capital, LP0$00.00%−5,199−100.0%Sold out
Maverick Capital LtdSuperinvestorMaverick Capital0$00.00%−4,916−100.0%Sold out
Capstone Investment Advisors, LLC0$00.00%−4,849−100.0%Sold out
Eudaimonia Partners, LLC0$00.00%−4,551−100.0%Sold out
Prelude Capital Management, LLC0$00.00%−4,450−100.0%Sold out
Keebeck Alpha, LP0$00.00%−4,450−100.0%Sold out
Fractal Investments LLC0$00.00%−4,200−100.0%Sold out