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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 2024

Institutional positions in Canadian Natural Resources Ltd as of Dec 31, 2024. 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
627
+11 vs. Q3 2024
Shares held
1.46B
−50.0M (−3.3%) vs. Q3 2024
Total value
$45.2B
−$5.10B (−10.1%) vs. Q3 2024
New holders
76
229 more added
Sold out
65
232 more reduced

6 institutions that held it in Q3 2024 haven't filed for Q4 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2024: 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 2024: 627 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 2024: $45.2B
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 2024

Shares, value and share of portfolio for each institution holding Canadian Natural Resources Ltd; share changes are against Q3 2024.

Institutions holding CNQ in Q4 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Capital World Investors266,354,752$8.22B1.25%−12,542,665−4.5%Reduced
Royal Bank of Canada106,944,729$3.30B0.71%−930,533−0.9%Reduced
Capital Research Global Investors96,769,104$2.99B0.61%−5,017,865−4.9%Reduced
FMR LLC92,550,104$2.86B0.17%+7,372,718+8.7%Added
Vanguard Group Inc90,002,235$2.78B0.05%+456,814+0.5%Added
Bank of Montreal59,448,485$1.83B0.92%−2,230,437−3.6%Reduced
Fisher Asset Management, LLC44,131,266$1.36B0.54%+550,242+1.3%Added
TD Asset Management Inc42,504,611$1.31B1.16%+89,612+0.2%Added
FIL Ltd42,243,297$1.30B1.22%−7,215,995−14.6%Reduced
Canada Pension Plan Investment Board36,963,702$1.14B1.09%+1,844,700+5.3%Added
T. Rowe Price Investment Management, Inc.34,052,775$1.05B0.65%+2,312,437+7.3%Added
Mackenzie Financial Corp31,580,717$974.0M1.33%+1,464,807+4.9%Added
1832 Asset Management L.P.31,219,278$963.7M1.72%−2,537,548−7.5%Reduced
Manufacturers Life Insurance Company, The29,910,127$924.7M0.80%+1,442,000+5.1%Added
Yacktman Asset Management LP28,933,385$893.2M10.44%−73,566−0.3%Reduced
CIBC World Markets Inc.25,832,055$797.4M1.84%−3,807,878−12.8%Reduced
CIBC Asset Management Inc24,109,432$746.0M2.45%+1,270,945+5.6%Added
National Bank of Canada14,210,358$439.0M0.57%+5,976,970+72.6%Added
JPMorgan Chase & Co13,893,962$428.9M0.03%+603,314+4.5%Added
Connor, Clark & Lunn Investment Management Ltd.13,433,797$414.2M1.87%+3,224,548+31.6%Added
Bank of Nova Scotia13,003,440$401.4M0.70%−10,003,416−43.5%Reduced
Geode Capital Management, LLC12,708,163$400.2M0.03%+2,939,866+30.1%Added
Wellington Management Group LLP10,790,154$333.1M0.06%−136,051−1.2%Reduced
Morgan Stanley9,363,190$289.0M0.02%−6,361,543−40.5%Reduced
Bank of America Corp9,353,225$288.7M0.03%−16,577,183−63.9%Reduced
Boston Partners8,916,866$275.6M0.34%−126,998−1.4%Reduced
Janus Henderson Group PLC7,801,982$240.9M0.12%−1,246,967−13.8%Reduced
Legal & General Group Plc7,711,282$238.0M0.06%−349,513−4.3%Reduced
Amundi7,087,352$231.3M0.08%+116,731+1.7%Added
Agf Management Ltd7,129,142$227.9M1.13%−8,239−0.1%Reduced
Price T Rowe Associates Inc7,200,099$222.3M0.03%+126,375+1.8%Added
Dimensional Fund Advisors LP6,987,284$215.7M0.05%+182,707+2.7%Added
Goldman Sachs Group Inc6,637,426$204.9M0.04%+3,963,841+148.3%Added
Ameriprise Financial Inc6,581,118$203.2M0.05%−86,469−1.3%Reduced
Swiss National Bank6,135,562$189.3M0.13%−300,000−4.7%Reduced
TD Waterhouse Canada Inc.6,122,380$188.4M1.52%+298,448+5.1%Added
Toronto Dominion Bank6,004,538$185.2M0.35%−6,533,195−52.1%Reduced
Scotia Capital Inc.5,969,882$184.0M0.97%+329,555+5.8%Added
Charles Schwab Investment Management Inc5,854,530$180.7M0.03%+178,596+3.1%Added
Alberta Investment Management Corp5,741,639$177.2M1.18%00.0%Unchanged
Invesco Ltd.5,666,027$174.9M0.03%−418,039−6.9%Reduced
Principal Financial Group Inc4,468,492$137.9M0.08%+282,696+6.8%Added
Bank of New York Mellon Corp4,437,771$137.0M0.03%+2,064,492+87.0%Added
Federation des caisses Desjardins du Quebec4,393,528$135.1M0.69%−105,713−2.3%Reduced
Massachusetts Financial Services Co4,372,509$135.0M0.04%−210,774−4.6%Reduced
WCM Investment Management, LLC4,342,053$131.4M0.31%−63,798−1.4%Reduced
Voloridge Investment Management, LLC3,684,143$113.7M0.40%−96,034−2.5%Reduced
Assenagon Asset Management S.A.3,652,855$112.8M0.20%+3,600,686+6,902.0%Added
Addenda Capital Inc.2,327,487$104.6M3.69%−83,673−3.5%Reduced
Franklin Resources Inc3,262,749$100.6M0.03%−34,930−1.1%Reduced
MUFG Securities (Canada), Ltd.3,222,661$99.4M3.59%+1,334,101+70.6%Added
Omers Administration Corp3,118,654$96.2M0.84%00.0%Unchanged
Guardian Capital LP3,108,699$96.0M3.57%+197,109+6.8%Added
Northern Trust Corp3,074,921$94.9M0.01%+551,109+21.8%Added
Fiera Capital Corp2,968,001$91.5M0.29%−123,758−4.0%Reduced
British Columbia Investment Management Corp2,959,962$91.3M0.54%−4,874,302−62.2%Reduced
Aviso Financial Inc.2,875,682$88.8M4.48%+108,602+3.9%Added
D. E. Shaw & Co., Inc.2,751,669$84.9M0.09%+1,373,484+99.7%Added
Millennium Management LLC2,720,332$83.9M0.07%+2,273,114+508.3%Added
Ingalls & Snyder LLC2,615,821$80.8M3.18%−101,966−3.8%Reduced
Two Sigma Investments, LP2,498,394$77.1M0.18%−831,586−25.0%Reduced
Nuveen Asset Management, LLC2,321,450$71.6M0.02%−12,871−0.6%Reduced
Deutsche Bank AG2,283,121$70.5M0.03%−829,553−26.7%Reduced
Healthcare of Ontario Pension Plan Trust Fund2,200,000$67.9M0.15%+2,200,000New
Crawford Investment Counsel Inc2,164,536$66.8M1.20%+240,963+12.5%Added
Marathon Asset Mgmt Ltd2,012,084$62.9M1.76%−57,798−2.8%Reduced
Dixon Mitchell Investment Counsel Inc.1,996,562$62.4M2.88%+74,545+3.9%Added
United Services Automobile Association952,807$60.7M1.98%00.0%Unchanged
Ninepoint Partners LP1,885,899$58.2M9.25%−1,717,207−47.7%Reduced
BlackRock, Inc.1,848,526$57.1M0.00%+72,269+4.1%Added
UBS Group AG1,844,443$56.9M0.01%+520,139+39.3%Added
State of Tennessee, Treasury Department1,821,174$56.2M0.20%+18,056+1.0%Added
Waratah Capital Advisors Ltd.1,725,641$53.3M2.98%−541,937−23.9%Reduced
Alyeska Investment Group, L.P.1,724,960$53.2M0.20%−756,425−30.5%Reduced
Brandywine Global Investment Management, LLC1,713,207$52.8M0.38%+39,796+2.4%Added
Russell Investments Group, Ltd.1,664,644$51.4M0.07%−130,653−7.3%Reduced
GW&K Investment Management, LLC1,661,935$51.3M0.44%−39,148−2.3%Reduced
CI Private Wealth, LLC1,629,343$50.3M0.08%−244,529−13.0%Reduced
Qube Research & Technologies Ltd1,604,289$49.5M0.08%+779,927+94.6%Added
Envestnet Asset Management Inc1,525,432$47.1M0.02%−136,366−8.2%Reduced
Balyasny Asset Management LLC1,476,500$45.6M0.11%−2,259,300−60.5%Reduced
First Manhattan Co1,419,735$44.4M0.13%−28,210−1.9%Reduced
Korea Investment CORP1,395,260$43.1M0.10%−626,497−31.0%Reduced
DekaBank Deutsche Girozentrale1,427,745$43.0M0.08%00.0%Unchanged
Raymond James Financial Inc1,245,268$38.4M0.01%+1,245,268New
Citadel Advisors LLC1,229,194$37.9M0.04%−302,824−19.8%Reduced
Clearbridge Investments, LLC1,155,514$35.7M0.03%−1880.0%Reduced
UBS Asset Management Americas Inc1,148,235$35.4M0.01%−15,009−1.3%Reduced
Pacer Advisors, Inc.1,122,934$34.7M0.08%+207,416+22.7%Added
Quadrature Capital Ltd1,108,800$34.3M0.69%−391,000−26.1%Reduced
Miller Howard Investments Inc1,101,415$34.0M1.12%−551,702−33.4%Reduced
Barclays PLC1,066,936$32.9M0.02%+350,266+48.9%Added
Renaissance Technologies LLC1,062,600$32.8M0.05%−457,400−30.1%Reduced
Citigroup Inc1,025,362$31.6M0.03%+127,755+14.2%Added
HSBC Holdings PLC1,024,400$31.6M0.02%+74,926+7.9%Added
Baskin Financial Services Inc.996,151$30.7M2.44%+10,871+1.1%Added
Intact Investment Management Inc.975,880$30.1M1.05%+230,350+30.9%Added
Canoe Financial LP940,731$29.0M0.47%−608,879−39.3%Reduced
Montrusco Bolton Investments Inc.894,468$27.6M0.33%−117,074−11.6%Reduced
Scheer, Rowlett & Associates Investment Management Ltd.890,610$27.5M2.00%+12,265+1.4%Added