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, Q1 2025
Institutional positions in Canadian Natural Resources Ltd as of Mar 31, 2025. 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
- 624
- +7 vs. Q4 2024
- Shares held
- 1.54B
- +78.5M (+5.4%) vs. Q4 2024
- Total value
- $47.4B
- +$2.25B (+5.0%) vs. Q4 2024
- New holders
- 83
- 253 more added
- Sold out
- 76
- 202 more reduced
10 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 749 | $59.8B |
| Q1 2026 | 745 | $77.1B |
| Q4 2025 | 676 | $49.6B |
| Q3 2025 | 636 | $46.9B |
| Q2 2025 | 621 | $46.7B |
| Q1 2025 | 624 | $47.4B |
| Q4 2024 | 627 | $45.2B |
| Q3 2024 | 622 | $50.4B |
| Q2 2024 | 614 | $55.6B |
| Q1 2024 | 600 | $61.7B |
| Q4 2023 | 564 | $52.4B |
| Q3 2023 | 535 | $52.8B |
| Q2 2023 | 503 | $46.0B |
| Q1 2023 | 508 | $45.5B |
| Q4 2022 | 501 | $45.5B |
| Q3 2022 | 453 | $37.2B |
| Q2 2022 | 459 | $44.1B |
| Q1 2022 | 446 | $51.2B |
| Q4 2021 | 422 | $34.2B |
| Q3 2021 | 384 | $29.7B |
| Q2 2021 | 367 | $29.2B |
| Q1 2021 | 346 | $25.1B |
Institutions, Q1 2025
Shares, value and share of portfolio for each institution holding Canadian Natural Resources Ltd; share changes are against Q4 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Capital World Investors | 208,912,321 | $6.43B | 1.04% | −57,442,431−21.6% | Reduced |
| Royal Bank of Canada | 150,713,111 | $4.64B | 1.04% | +43,768,382+40.9% | Added |
| Capital Research Global Investors | 100,040,568 | $3.08B | 0.67% | +3,271,464+3.4% | Added |
| Vanguard Group Inc | 87,738,557 | $2.70B | 0.05% | −2,263,678−2.5% | Reduced |
| Bank of Montreal | 75,932,550 | $2.34B | 1.25% | +16,484,065+27.7% | Added |
| FMR LLC | 66,780,629 | $2.06B | 0.13% | −25,769,475−27.8% | Reduced |
| Fisher Asset Management, LLC | 45,887,871 | $1.41B | 0.61% | +1,756,605+4.0% | Added |
| T. Rowe Price Investment Management, Inc. | 43,968,120 | $1.35B | 0.90% | +9,915,345+29.1% | Added |
| Canada Pension Plan Investment Board | 41,769,153 | $1.29B | 1.25% | +4,805,451+13.0% | Added |
| TD Asset Management Inc | 41,264,192 | $1.27B | 1.17% | −1,240,419−2.9% | Reduced |
| Mackenzie Financial Corp | 33,100,240 | $1.02B | 1.45% | +1,519,523+4.8% | Added |
| CIBC World Markets Inc. | 32,928,340 | $1.01B | 2.31% | +7,096,285+27.5% | Added |
| 1832 Asset Management L.P. | 31,822,379 | $980.1M | 1.87% | +603,101+1.9% | Added |
| Yacktman Asset Management LP | 27,266,207 | $839.8M | 11.04% | −1,667,178−5.8% | Reduced |
| Manufacturers Life Insurance Company, The | 24,813,544 | $767.7M | 0.73% | −5,096,583−17.0% | Reduced |
| Bank of Nova Scotia | 24,262,707 | $746.7M | 1.68% | +11,259,267+86.6% | Added |
| FIL Ltd | 23,367,946 | $719.0M | 0.68% | −18,875,351−44.7% | Reduced |
| CIBC Asset Management Inc | 22,873,597 | $706.9M | 2.35% | −1,235,835−5.1% | Reduced |
| Toronto Dominion Bank | 22,902,243 | $704.8M | 1.80% | +16,897,705+281.4% | Added |
| Goldman Sachs Group Inc | 22,347,194 | $688.3M | 0.13% | +15,709,768+236.7% | Added |
| National Bank of Canada | 16,841,078 | $517.9M | 0.61% | +2,630,720+18.5% | Added |
| Bank of America Corp | 15,552,906 | $479.0M | 0.04% | +6,199,681+66.3% | Added |
| Geode Capital Management, LLC | 14,314,637 | $450.1M | 0.04% | +1,606,474+12.6% | Added |
| Morgan Stanley | 14,565,015 | $448.6M | 0.03% | +5,201,825+55.6% | Added |
| JPMorgan Chase & Co | 13,692,692 | $421.7M | 0.03% | −201,270−1.4% | Reduced |
| Healthcare of Ontario Pension Plan Trust Fund | 11,050,000 | $340.1M | 0.75% | +8,850,000+402.3% | Added |
| Wellington Management Group LLP | 10,936,275 | $336.8M | 0.06% | +146,121+1.4% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 10,738,366 | $330.5M | 1.44% | −2,695,431−20.1% | Reduced |
| Arrowstreet Capital, Limited Partnership | 9,848,093 | $303.2M | 0.25% | +9,848,093 | New |
| Janus Henderson Group PLC | 8,364,391 | $255.7M | 0.14% | +562,409+7.2% | Added |
| Dimensional Fund Advisors LP | 8,283,008 | $255.1M | 0.06% | +1,295,724+18.5% | Added |
| Legal & General Group Plc | 7,755,868 | $238.6M | 0.06% | +44,586+0.6% | Added |
| Boston Partners | 7,411,452 | $227.7M | 0.28% | −1,505,414−16.9% | Reduced |
| Amundi | 7,332,187 | $218.9M | 0.08% | +244,835+3.5% | Added |
| Point72 Asset Management, L.P. | 7,020,820 | $216.2M | 0.61% | +6,672,916+1,918.0% | Added |
| D. E. Shaw & Co., Inc. | 6,987,672 | $215.1M | 0.26% | +4,236,003+153.9% | Added |
| Price T Rowe Associates Inc | 6,946,275 | $213.9M | 0.03% | −253,824−3.5% | Reduced |
| Scotia Capital Inc. | 6,211,533 | $191.1M | 1.02% | +241,651+4.0% | Added |
| Charles Schwab Investment Management Inc | 6,172,828 | $189.9M | 0.04% | +318,298+5.4% | Added |
| Swiss National Bank | 6,004,762 | $184.9M | 0.13% | −130,800−2.1% | Reduced |
| Agf Management Ltd | 5,712,462 | $183.8M | 0.97% | −1,416,680−19.9% | Reduced |
| TD Waterhouse Canada Inc. | 5,916,698 | $183.2M | 1.50% | −205,682−3.4% | Reduced |
| Invesco Ltd. | 5,919,698 | $182.3M | 0.03% | +253,671+4.5% | Added |
| Franklin Resources Inc | 5,501,376 | $169.3M | 0.05% | +2,238,627+68.6% | Added |
| Alberta Investment Management Corp | 5,311,147 | $163.4M | 1.12% | −430,492−7.5% | Reduced |
| British Columbia Investment Management Corp | 4,802,459 | $147.8M | 0.91% | +1,842,497+62.2% | Added |
| Massachusetts Financial Services Co | 4,757,518 | $146.5M | 0.05% | +385,009+8.8% | Added |
| Canoe Financial LP | 4,738,577 | $145.8M | 2.34% | +3,797,846+403.7% | Added |
| Bank of New York Mellon Corp | 4,717,467 | $145.3M | 0.03% | +279,696+6.3% | Added |
| Federation des caisses Desjardins du Quebec | 4,641,026 | $142.8M | 0.71% | +247,498+5.6% | Added |
| WCM Investment Management, LLC | 4,463,643 | $136.4M | 0.35% | +121,590+2.8% | Added |
| Citadel Advisors LLC | 4,266,056 | $131.4M | 0.13% | +3,036,862+247.1% | Added |
| Voloridge Investment Management, LLC | 4,211,714 | $129.7M | 0.48% | +527,571+14.3% | Added |
| Quadrature Capital Ltd | 3,597,900 | $111.4M | 2.47% | +2,489,100+224.5% | Added |
| Deutsche Bank AG | 3,591,928 | $110.6M | 0.04% | +1,308,807+57.3% | Added |
| Northern Trust Corp | 3,292,073 | $101.4M | 0.02% | +217,152+7.1% | Added |
| Two Sigma Investments, LP | 3,210,366 | $98.9M | 0.22% | +711,972+28.5% | Added |
| MUFG Securities (Canada), Ltd. | 3,206,983 | $98.7M | 3.44% | −15,678−0.5% | Reduced |
| Omers Administration Corp | 3,118,654 | $95.9M | 0.84% | 00.0% | Unchanged |
| Addenda Capital Inc. | 2,135,687 | $95.9M | 3.55% | −191,800−8.2% | Reduced |
| Ninepoint Partners LP | 3,090,334 | $95.2M | 16.71% | +1,204,435+63.9% | Added |
| Marshall Wace, LLP | 2,975,767 | $91.7M | 0.12% | +2,285,362+331.0% | Added |
| Aviso Financial Inc. | 2,930,646 | $90.2M | 4.45% | +54,964+1.9% | Added |
| Millennium Management LLC | 2,699,281 | $83.1M | 0.08% | −21,051−0.8% | Reduced |
| Ingalls & Snyder LLC | 2,575,363 | $79.3M | 2.62% | −40,458−1.5% | Reduced |
| Guardian Capital LP | 2,546,161 | $78.3M | 3.08% | −562,538−18.1% | Reduced |
| Crawford Investment Counsel Inc | 2,293,991 | $70.7M | 1.25% | +129,455+6.0% | Added |
| Fiera Capital Corp | 2,254,990 | $69.5M | 0.25% | −713,011−24.0% | Reduced |
| Nuveen, LLC | 2,221,358 | $68.3M | 0.02% | +2,221,358 | New |
| Brandywine Global Investment Management, LLC | 2,183,598 | $67.2M | 0.48% | +470,391+27.5% | Added |
| Balyasny Asset Management LLC | 2,179,556 | $67.1M | 0.17% | +703,056+47.6% | Added |
| Dixon Mitchell Investment Counsel Inc. | 2,074,695 | $64.7M | 2.92% | +78,133+3.9% | Added |
| UBS Group AG | 2,007,133 | $61.8M | 0.01% | +162,690+8.8% | Added |
| Marathon Asset Mgmt Ltd | 1,941,071 | $60.5M | 1.85% | −71,013−3.5% | Reduced |
| Clearbridge Investments, LLC | 1,956,298 | $60.3M | 0.05% | +800,784+69.3% | Added |
| Russell Investments Group, Ltd. | 1,906,595 | $58.7M | 0.08% | +241,951+14.5% | Added |
| Merewether Investment Management, LP | 1,894,408 | $58.3M | 2.12% | +1,270,639+203.7% | Added |
| Intact Investment Management Inc. | 1,818,610 | $56.0M | 1.92% | +842,730+86.4% | Added |
| State of Tennessee, Treasury Department | 1,813,572 | $55.8M | 0.21% | −7,602−0.4% | Reduced |
| BlackRock, Inc. | 1,657,812 | $51.1M | 0.00% | −190,714−10.3% | Reduced |
| Principal Financial Group Inc | 1,637,669 | $50.4M | 0.03% | −2,830,823−63.4% | Reduced |
| Waratah Capital Advisors Ltd. | 1,635,803 | $50.4M | 3.43% | −89,838−5.2% | Reduced |
| Renaissance Technologies LLC | 1,628,600 | $50.2M | 0.08% | +566,000+53.3% | Added |
| Two Sigma Advisers, LP | 1,487,558 | $45.8M | 0.10% | +703,900+89.8% | Added |
| Envestnet Asset Management Inc | 1,461,826 | $45.0M | 0.01% | −63,606−4.2% | Reduced |
| Miller Howard Investments Inc | 1,439,372 | $44.3M | 1.41% | +337,957+30.7% | Added |
| First Manhattan Co | 1,395,152 | $43.5M | 0.13% | −24,583−1.7% | Reduced |
| Yaupon Capital Management LP | 1,403,457 | $43.2M | 3.17% | +1,403,457 | New |
| DekaBank Deutsche Girozentrale | 1,400,616 | $42.3M | 0.08% | −27,129−1.9% | Reduced |
| GW&K Investment Management, LLC | 1,362,332 | $42.0M | 0.39% | −299,603−18.0% | Reduced |
| Korea Investment CORP | 1,265,606 | $38.9M | 0.09% | −129,654−9.3% | Reduced |
| Qube Research & Technologies Ltd | 1,259,385 | $38.8M | 0.06% | −344,904−21.5% | Reduced |
| Holocene Advisors, LP | 1,239,755 | $38.2M | 0.11% | +726,497+141.5% | Added |
| Pacer Advisors, Inc. | 1,171,300 | $36.1M | 0.09% | +48,366+4.3% | Added |
| UBS Asset Management Americas Inc | 1,125,650 | $34.7M | 0.01% | −22,585−2.0% | Reduced |
| Barclays PLC | 1,110,112 | $34.2M | 0.02% | +43,176+4.0% | Added |
| Raymond James Financial Inc | 1,086,052 | $33.5M | 0.01% | −159,216−12.8% | Reduced |
| Baskin Financial Services Inc. | 1,005,012 | $30.9M | 2.51% | +8,861+0.9% | Added |
| HSBC Holdings PLC | 995,930 | $30.7M | 0.02% | −28,470−2.8% | Reduced |
| SIR Capital Management, L.P. | 979,850 | $30.2M | 2.65% | +709,063+261.9% | Added |