Skip to main content

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.

Institutional holdersQ1 2025: 624 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 heldQ1 2025: $47.4B
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, Q1 2025

Shares, value and share of portfolio for each institution holding Canadian Natural Resources Ltd; share changes are against Q4 2024.

Institutions holding CNQ in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Buttonwood Financial Advisors Inc.100,810$3.10M1.36%+1,401+1.4%Added
Knights of Columbus Asset Advisors LLC100,993$3.11M0.21%−113,975−53.0%Reduced
Aventail Capital Group, LP101,236$3.12M0.15%+1,236+1.2%Added
Swiss Life Asset Management Ltd103,363$3.18M0.02%+19,241+22.9%Added
Dakota Wealth Management104,688$3.22M0.08%−28,741−21.5%Reduced
Moore Capital Management, LP111,451$3.43M0.11%−246,425−68.9%Reduced
Lincluden Management Ltd112,909$3.48M0.44%+4,957+4.6%Added
Advisor Group Holdings, Inc.113,947$3.51M0.01%+14,622+14.7%Added
Graybill Bartz & Assoc Ltd120,028$3.70M1.27%+120,028New
HighTower Advisors, LLC122,644$3.78M0.01%−46,602−27.5%Reduced
M&T Bank Corp124,950$3.80M0.01%+11,941+10.6%Added
Cambridge Investment Research Advisors, Inc.124,039$3.82M0.01%−12,991−9.5%Reduced
Metis Global Partners, LLC127,282$3.92M0.11%−4,392−3.3%Reduced
Roanoke Asset Management Corp128,660$3.96M1.36%+625+0.5%Added
Baird Financial Group, Inc.133,501$4.11M0.01%+114,287+594.8%Added
Twin Tree Management, LP137,360$4.23M0.09%−253,125−64.8%Reduced
Ontario Teachers Pension Plan Board139,461$4.29M0.07%−146,472−51.2%Reduced
Manning & Napier Advisors LLC140,626$4.33M0.05%−3,230−2.2%Reduced
Bowen Hanes & Co Inc140,800$4.34M0.12%−300−0.2%Reduced
Eagle Global Advisors LLC142,600$4.39M0.18%00.0%Unchanged
Greenline Partners, LLC142,886$4.40M0.64%+1,519+1.1%Added
Immersion Capital LLP142,974$4.40M3.02%00.0%Unchanged
Ensign Peak Advisors, Inc145,600$4.48M0.01%−1,400−1.0%Reduced
Harvest Portfolios Group Inc.150,663$4.64M0.14%+8,181+5.7%Added
Capital Wealth Planning, LLC151,179$4.66M0.04%+11,976+8.6%Added
Cidel Asset Management Inc153,079$4.71M0.31%−64,086−29.5%Reduced
Azzad Asset Management Inc154,128$4.75M0.56%+154,128New
Cumberland Partners Ltd160,150$4.93M0.38%+3,497+2.2%Added
LPL Financial LLC161,647$4.98M0.00%−50,247−23.7%Reduced
Quantbot Technologies LP161,713$4.98M0.16%+65,321+67.8%Added
Public Employees Retirement System of Ohio162,368$5.00M0.02%+162,368New
Covalis Capital LLP164,071$5.05M1.16%+164,071New
Pacifica Partners Inc.175,818$5.26M2.40%−3,038−1.7%Reduced
Gulf International Bank (UK) Ltd120,926$5.35M0.18%+116,668+2,740.0%Added
Louisbourg Investments Inc.173,866$5.36M1.46%−1,786−1.0%Reduced
Meixler Investment Management, Ltd.174,994$5.39M3.73%+3,863+2.3%Added
Sanctuary Advisors, LLC176,892$5.45M0.04%+490.0%Added
Alliancebernstein L.P.177,005$5.45M0.00%−153,495−46.4%Reduced
Stifel Financial Corp178,061$5.48M0.01%−38,215−17.7%Reduced
Peterson Wealth Services180,715$5.57M1.72%+13,711+8.2%Added
Bessemer Group Inc181,121$5.58M0.01%−341,337−65.3%Reduced
Fiduciary Trust Co182,274$5.61M0.07%+10,972+6.4%Added
Mraz, Amerine & Associates, Inc.183,854$5.62M0.97%+1,961+1.1%Added
Investment Management Corp of Ontario184,918$5.70M0.12%+184,918New
Hennessy Advisors Inc195,500$6.02M0.20%+24,100+14.1%Added
Beutel, Goodman & Co Ltd.202,820$6.25M0.04%+202,820New
Stokes Capital Advisors, LLC205,814$6.34M1.61%+31,130+17.8%Added
Epacria Capital Partners, LLC207,959$6.40M5.21%+26,995+14.9%Added
Public Sector Pension Investment Board212,226$6.53M0.03%+400+0.2%Added
Mediolanum International Funds Ltd215,164$6.59M0.09%+67,478+45.7%Added
USS Investment Management Ltd214,378$6.60M0.05%00.0%Unchanged
Cardinal Point Capital Management, ULC231,600$7.07M0.65%+231,600New
Utah Retirement Systems231,760$7.13M0.08%00.0%Unchanged
Kestra Private Wealth Services, LLC233,047$7.18M0.12%+23,580+11.3%Added
TCG Advisory Services, LLC241,953$7.45M0.30%+29,740+14.0%Added
Quantinno Capital Management LP251,302$7.74M0.05%+12,583+5.3%Added
Commonwealth Equity Services, LLC253,679$7.81M0.01%+103,606+69.0%Added
Dupree Financial Group, LLC255,911$7.88M3.20%+167,395+189.1%Added
PCJ Investment Counsel Ltd.268,230$8.26M3.23%+149,500+125.9%Added
Capital International Sarl269,431$8.29M0.19%−176,969−39.6%Reduced
Cerity Partners LLC275,458$8.48M0.02%−13,279−4.6%Reduced
Maryland State Retirement & Pension System278,476$8.57M0.20%+74,156+36.3%Added
Heronetta Management, L.P.193,600$8.57M4.68%00.0%Unchanged
Guinness Asset Management LTD279,683$8.58M0.16%−67,935−19.5%Reduced
Mariner, LLC286,308$8.82M0.01%+177,574+163.3%Added
SG Americas Securities, LLC283,000$8.85M0.03%−13,424−4.5%Reduced
Heathbridge Capital Management Ltd.305,650$9.41M3.82%−5,100−1.6%Reduced
Mitsubishi UFJ Trust & Banking Corp306,100$9.47M0.02%+285,300+1,371.6%Added
Great West Life Assurance Co313,239$9.66M0.02%−8,730−2.7%Reduced
Investment Management Associates Inc324,106$9.98M4.08%+77,818+31.6%Added
K.J. Harrison & Partners Inc325,675$10.0M1.96%−66,151−16.9%Reduced
Robotti Robert335,532$10.3M2.07%−1,990−0.6%Reduced
Sagefield Capital LP337,764$10.4M1.25%+21,451+6.8%Added
Old West Investment Management, LLC342,283$10.5M3.80%−52,878−13.4%Reduced
Bridgewater Associates, LP363,211$11.2M0.05%+354,727+4,181.1%Added
Natixis Advisors, L.P.380,641$11.7M0.02%−164,617−30.2%Reduced
Man Group plc380,725$11.7M0.04%−256,468−40.2%Reduced
Lighthouse Investment Partners, LLC387,241$11.9M0.55%+359,767+1,309.5%Added
Cubist Systematic Strategies, LLC389,150$12.0M0.16%+173,800+80.7%Added
Hillsdale Investment Management Inc.396,547$12.2M0.62%+738+0.2%Added
Dividend Assets Capital, LLC403,972$12.4M2.35%+98,096+32.1%Added
Acadian Asset Management LLC411,166$12.6M0.04%+306,900+294.3%Added
Squarepoint Ops LLC413,246$12.7M0.03%+277,585+204.6%Added
Graham Capital Management, L.P.419,001$12.9M0.41%+152,883+57.4%Added
Crossmark Global Holdings, Inc.433,615$13.4M0.24%+2,770+0.6%Added
Intech Investment Management LLC445,503$13.7M0.14%+135,516+43.7%Added
Pacific Heights Asset Management LLC450,000$13.9M0.94%00.0%Unchanged
Exencial Wealth Advisors, LLC475,043$14.6M0.54%−1,654−0.3%Reduced
Guardian Partners Inc.533,520$14.9M1.54%−35,448−6.2%Reduced
Verity & Verity, LLC485,471$15.0M1.31%+187,984+63.2%Added
CI Private Wealth, LLC498,433$15.4M0.03%−1,130,910−69.4%Reduced
Harbor Advisors LLC499,800$15.4M2.67%00.0%Unchanged
Goehring & Rozencwajg Associates, LLC526,765$16.2M2.94%+14,421+2.8%Added
First Trust Advisors LP542,977$16.7M0.01%−20,724−3.7%Reduced
Alyeska Investment Group, L.P.591,617$18.2M0.07%−1,133,343−65.7%Reduced
O'Shaughnessy Asset Management, LLC600,591$18.5M0.15%−51,452−7.9%Reduced
BNP Paribas Arbitrage, SA608,991$18.8M0.01%+369,059+153.8%Added
Rempart Asset Management Inc.618,315$19.0M3.93%−20,350−3.2%Reduced
Parkwood LLC618,005$19.0M1.86%+82,621+15.4%Added
QV Investors Inc.623,868$19.2M1.94%+623,868New