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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, 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
Morgan Stanley14,565,015$448.6M0.03%+5,201,825+55.6%Added
Geode Capital Management, LLC14,314,637$450.1M0.04%+1,606,474+12.6%Added
Bank of America Corp15,552,906$479.0M0.04%+6,199,681+66.3%Added
National Bank of Canada16,841,078$517.9M0.61%+2,630,720+18.5%Added
Goldman Sachs Group Inc22,347,194$688.3M0.13%+15,709,768+236.7%Added
Toronto Dominion Bank22,902,243$704.8M1.80%+16,897,705+281.4%Added
CIBC Asset Management Inc22,873,597$706.9M2.35%−1,235,835−5.1%Reduced
FIL Ltd23,367,946$719.0M0.68%−18,875,351−44.7%Reduced
Bank of Nova Scotia24,262,707$746.7M1.68%+11,259,267+86.6%Added
Manufacturers Life Insurance Company, The24,813,544$767.7M0.73%−5,096,583−17.0%Reduced
Yacktman Asset Management LP27,266,207$839.8M11.04%−1,667,178−5.8%Reduced
1832 Asset Management L.P.31,822,379$980.1M1.87%+603,101+1.9%Added
CIBC World Markets Inc.32,928,340$1.01B2.31%+7,096,285+27.5%Added
Mackenzie Financial Corp33,100,240$1.02B1.45%+1,519,523+4.8%Added
TD Asset Management Inc41,264,192$1.27B1.17%−1,240,419−2.9%Reduced
Canada Pension Plan Investment Board41,769,153$1.29B1.25%+4,805,451+13.0%Added
T. Rowe Price Investment Management, Inc.43,968,120$1.35B0.90%+9,915,345+29.1%Added
Fisher Asset Management, LLC45,887,871$1.41B0.61%+1,756,605+4.0%Added
FMR LLC66,780,629$2.06B0.13%−25,769,475−27.8%Reduced
Bank of Montreal75,932,550$2.34B1.25%+16,484,065+27.7%Added
Vanguard Group Inc87,738,557$2.70B0.05%−2,263,678−2.5%Reduced
Capital Research Global Investors100,040,568$3.08B0.67%+3,271,464+3.4%Added
Royal Bank of Canada150,713,111$4.64B1.04%+43,768,382+40.9%Added
Capital World Investors208,912,321$6.43B1.04%−57,442,431−21.6%Reduced
Proequities, Inc.0$00.00%−190−100.0%Sold out
Montrusco Bolton Investments Inc.0$00.00%−894,468−100.0%Sold out
Jupiter Asset Management Ltd0$00.00%−497,915−100.0%Sold out
Polar Capital Holdings Plc0$00.00%−261,513−100.0%Sold out
GQG Partners LLC0$00.00%−184,371−100.0%Sold out
HITE Hedge Asset Management LLC0$00.00%−155,285−100.0%Sold out
Anthracite Investment Company, Inc.0$00.00%−113,788−100.0%Sold out
Cambria Investment Management, L.P.0$00.00%−100,653−100.0%Sold out
Hartree Partners, LP0$00.00%−100,000−100.0%Sold out
Mirae Asset Global ETFs Holdings Ltd.0$00.00%−81,235−100.0%Sold out
GeoSphere Capital Management, LLC0$00.00%−70,000−100.0%Sold out
Eagle Rock Investment Company, LLC0$00.00%−61,351−100.0%Sold out
Polar Asset Management Partners Inc.0$00.00%−57,189−100.0%Sold out
Tocqueville Asset Management L.P.0$00.00%−56,424−100.0%Sold out
Crestline Management, LP0$00.00%−50,977−100.0%Sold out
Parallax Volatility Advisers, L.P.0$00.00%−50,324−100.0%Sold out
Nexus Investment Management ULC0$00.00%−40,550−100.0%Sold out
Marex Group plc0$00.00%−40,000−100.0%Sold out
Cloverfields Capital Group, LP0$00.00%−33,849−100.0%Sold out
Sienna Gestion0$00.00%−31,200−100.0%Sold out
Mariner Investment Group LLC0$00.00%−30,000−100.0%Sold out
Anson Funds Management LP0$00.00%−30,000−100.0%Sold out
Arosa Capital Management LP0$00.00%−28,000−100.0%Sold out
Calamos Wealth Management LLC0$00.00%−27,546−100.0%Sold out
Prudential PLC0$00.00%−26,567−100.0%Sold out
Leuthold Group, LLC0$00.00%−24,968−100.0%Sold out
BluePath Capital Management, LLC0$00.00%−22,877−100.0%Sold out
Argent Trust Co0$00.00%−18,511−100.0%Sold out
Wealthstar Advisors, LLC0$00.00%−18,355−100.0%Sold out
Malaga Cove Capital, LLC0$00.00%−15,728−100.0%Sold out
Tower View Investment Management & Research LLC0$00.00%−15,445−100.0%Sold out
Nations Financial Group Inc,0$00.00%−15,209−100.0%Sold out
Prelude Capital Management, LLC0$00.00%−15,102−100.0%Sold out
Tudor Investment Corp Et Al0$00.00%−14,030−100.0%Sold out
First Hawaiian Bank0$00.00%−12,674−100.0%Sold out
LMR Partners LLP0$00.00%−11,774−100.0%Sold out
TownSquare Capital, LLC0$00.00%−11,610−100.0%Sold out
Advisory Services Network, LLC0$00.00%−10,913−100.0%Sold out
Measured Wealth Private Client Group, LLC0$00.00%−10,800−100.0%Sold out
Drive Wealth Management, LLC0$00.00%−10,494−100.0%Sold out
Jefferies Financial Group Inc.0$00.00%−9,599−100.0%Sold out
Bridgefront Capital, LLC0$00.00%−8,934−100.0%Sold out
Keebeck Alpha, LP0$00.00%−8,894−100.0%Sold out
FNY Investment Advisers, LLC0$00.00%−8,400−100.0%Sold out
Moloney Securities Asset Management, LLC0$00.00%−8,332−100.0%Sold out
Fidelis Capital Partners, LLC0$00.00%−7,862−100.0%Sold out
Savant Capital, LLC0$00.00%−7,583−100.0%Sold out
MQS Management LLC0$00.00%−7,372−100.0%Sold out
Hyperion Capital Advisors LP0$00.00%−7,180−100.0%Sold out
Venture Visionary Partners LLC0$00.00%−7,118−100.0%Sold out
Sagespring Wealth Partners, LLC0$00.00%−7,090−100.0%Sold out
Stevens Capital Management LP0$00.00%−6,681−100.0%Sold out
Naples Global Advisors, LLC0$00.00%−6,565−100.0%Sold out
First Heartland Consultants, Inc.0$00.00%−6,482−100.0%Sold out
Venturi Wealth Management, LLC0$00.00%−6,050−100.0%Sold out
U S Global Investors Inc0$00.00%−6,000−100.0%Sold out
Virtus ETF Advisers LLC0$00.00%−5,295−100.0%Sold out
Sound Income Strategies, LLC0$00.00%−1,520−100.0%Sold out
GeoWealth Management, LLC0$00.00%−1,452−100.0%Sold out
Washington Trust Advisors, Inc.0$00.00%−1,357−100.0%Sold out
Coppell Advisory Solutions LLC0$00.00%−1,090−100.0%Sold out
R Squared Ltd0$00.00%−1,030−100.0%Sold out
CoreFirst Bank & Trust0$00.00%−1,010−100.0%Sold out
Lavaca Capital LLC0$00.00%−968−100.0%Sold out
Lee Danner & Bass Inc0$00.00%−800−100.0%Sold out
Duncker Streett & Co Inc0$00.00%−800−100.0%Sold out
Silicon Valley Capital Partners0$00.00%−504−100.0%Sold out
Lazard Asset Management LLC0$00.00%−478−100.0%Sold out
Kestra Investment Management, LLC0$00.00%−441−100.0%Sold out
Financial Management Professionals, Inc.0$00.00%−410−100.0%Sold out
Clear Street Markets LLC0$00.00%−400−100.0%Sold out
Bayforest Capital Ltd0$00.00%−381−100.0%Sold out
New Wave Wealth Advisors LLC0$00.00%−200−100.0%Sold out
WPG Advisers, LLC0$00.00%−55−100.0%Sold out
Bell Investment Advisors, Inc0$00.00%−54−100.0%Sold out
Van Hulzen Asset Management, LLC0$00.00%−50−100.0%Sold out