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, Q2 2025
Institutional positions in Canadian Natural Resources Ltd as of Jun 30, 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
- 621
- +9 vs. Q1 2025
- Shares held
- 1.48B
- −51.0M (−3.3%) vs. Q1 2025
- Total value
- $46.7B
- −$606.8M (−1.3%) vs. Q1 2025
- New holders
- 66
- 264 more added
- Sold out
- 57
- 196 more reduced
12 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q1 2025: 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, Q2 2025
Shares, value and share of portfolio for each institution holding Canadian Natural Resources Ltd; share changes are against Q1 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Capital World Investors | 208,934,490 | $6.57B | 0.95% | +22,1690.0% | Added |
| Royal Bank of Canada | 121,238,062 | $3.81B | 0.74% | −29,475,049−19.6% | Reduced |
| Capital Research Global Investors | 111,326,703 | $3.50B | 0.70% | +11,286,135+11.3% | Added |
| Bank of Montreal | 92,678,802 | $2.91B | 1.47% | +16,746,252+22.1% | Added |
| Vanguard Group Inc | 90,742,099 | $2.85B | 0.05% | +3,003,542+3.4% | Added |
| FMR LLC | 73,411,246 | $2.31B | 0.13% | +6,630,617+9.9% | Added |
| T. Rowe Price Investment Management, Inc. | 48,934,467 | $1.54B | 0.97% | +4,966,347+11.3% | Added |
| Fisher Asset Management, LLC | 47,939,585 | $1.51B | 0.60% | +2,051,714+4.5% | Added |
| TD Asset Management Inc | 41,581,125 | $1.30B | 1.11% | +316,933+0.8% | Added |
| Canada Pension Plan Investment Board | 37,793,376 | $1.19B | 1.02% | −3,975,777−9.5% | Reduced |
| Mackenzie Financial Corp | 31,802,712 | $1.00B | 1.30% | −1,297,528−3.9% | Reduced |
| 1832 Asset Management L.P. | 31,314,155 | $983.3M | 1.71% | −508,224−1.6% | Reduced |
| CIBC World Markets Inc. | 30,247,105 | $949.8M | 2.10% | −2,681,235−8.1% | Reduced |
| Goldman Sachs Group Inc | 29,784,501 | $935.2M | 0.15% | +7,437,307+33.3% | Added |
| Manufacturers Life Insurance Company, The | 27,359,777 | $855.4M | 0.77% | +2,546,233+10.3% | Added |
| Yacktman Asset Management LP | 22,126,877 | $694.8M | 9.33% | −5,139,330−18.8% | Reduced |
| FIL Ltd | 21,547,829 | $677.3M | 0.58% | −1,820,117−7.8% | Reduced |
| CIBC Asset Management Inc | 21,350,615 | $673.0M | 2.12% | −1,522,982−6.7% | Reduced |
| National Bank of Canada | 19,963,129 | $626.9M | 0.68% | +3,122,051+18.5% | Added |
| Geode Capital Management, LLC | 17,146,792 | $548.2M | 0.04% | +2,832,155+19.8% | Added |
| Healthcare of Ontario Pension Plan Trust Fund | 14,900,000 | $468.6M | 0.94% | +3,850,000+34.8% | Added |
| Toronto Dominion Bank | 14,120,500 | $444.1M | 0.95% | −8,781,743−38.3% | Reduced |
| JPMorgan Chase & Co | 14,092,637 | $442.5M | 0.03% | +399,945+2.9% | Added |
| Morgan Stanley | 10,776,512 | $338.4M | 0.02% | −3,788,503−26.0% | Reduced |
| Wellington Management Group LLP | 10,426,852 | $327.4M | 0.06% | −509,423−4.7% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 8,630,399 | $271.4M | 0.96% | −2,107,967−19.6% | Reduced |
| Dimensional Fund Advisors LP | 8,370,075 | $262.8M | 0.06% | +87,067+1.1% | Added |
| Janus Henderson Group PLC | 8,214,865 | $257.9M | 0.13% | −149,526−1.8% | Reduced |
| Legal & General Group Plc | 7,912,159 | $248.2M | 0.06% | +156,291+2.0% | Added |
| Bank of America Corp | 7,801,751 | $245.0M | 0.02% | −7,751,155−49.8% | Reduced |
| Amundi | 7,529,910 | $244.0M | 0.08% | +197,723+2.7% | Added |
| Scotia Capital Inc. | 7,129,824 | $223.9M | 1.06% | +918,291+14.8% | Added |
| Arrowstreet Capital, Limited Partnership | 6,921,167 | $217.6M | 0.15% | −2,926,926−29.7% | Reduced |
| Price T Rowe Associates Inc | 6,813,975 | $214.0M | 0.02% | −132,300−1.9% | Reduced |
| TD Waterhouse Canada Inc. | 6,666,913 | $210.7M | 1.51% | +750,215+12.7% | Added |
| Charles Schwab Investment Management Inc | 6,584,773 | $206.6M | 0.04% | +411,945+6.7% | Added |
| Swiss National Bank | 6,379,462 | $199.7M | 0.12% | +374,700+6.2% | Added |
| Canoe Financial LP | 6,131,602 | $192.3M | 2.74% | +1,393,025+29.4% | Added |
| Boston Partners | 5,887,562 | $184.9M | 0.21% | −1,523,890−20.6% | Reduced |
| Franklin Resources Inc | 5,684,258 | $178.7M | 0.05% | +182,882+3.3% | Added |
| Invesco Ltd. | 5,674,741 | $178.2M | 0.03% | −244,957−4.1% | Reduced |
| UBS Group AG | 5,433,396 | $170.6M | 0.04% | +3,426,263+170.7% | Added |
| Agf Management Ltd | 4,968,353 | $163.4M | 0.74% | −744,109−13.0% | Reduced |
| Picton Mahoney Asset Management | 5,193,500 | $162.6M | 2.29% | +5,193,500 | New |
| Bank of Nova Scotia | 5,093,231 | $160.0M | 0.33% | −19,169,476−79.0% | Reduced |
| Federation des caisses Desjardins du Quebec | 4,954,735 | $155.6M | 0.68% | +313,709+6.8% | Added |
| WCM Investment Management, LLC | 4,633,243 | $145.7M | 0.33% | +169,600+3.8% | Added |
| Massachusetts Financial Services Co | 4,599,924 | $144.4M | 0.05% | −157,594−3.3% | Reduced |
| British Columbia Investment Management Corp | 4,546,154 | $143.0M | 0.83% | −256,305−5.3% | Reduced |
| Bank of New York Mellon Corp | 4,185,191 | $131.4M | 0.02% | −532,276−11.3% | Reduced |
| Alberta Investment Management Corp | 3,979,800 | $125.2M | 0.98% | −1,331,347−25.1% | Reduced |
| Deutsche Bank AG | 3,837,624 | $120.5M | 0.04% | +245,696+6.8% | Added |
| MUFG Securities (Canada), Ltd. | 3,551,072 | $111.4M | 3.39% | +344,089+10.7% | Added |
| Two Sigma Investments, LP | 3,508,793 | $110.2M | 0.20% | +298,427+9.3% | Added |
| Addenda Capital Inc. | 2,370,885 | $102.7M | 3.69% | +235,198+11.0% | Added |
| Northern Trust Corp | 3,109,093 | $97.6M | 0.01% | −182,980−5.6% | Reduced |
| Ingalls & Snyder LLC | 2,598,813 | $81.6M | 2.91% | +23,450+0.9% | Added |
| Aviso Financial Inc. | 2,595,601 | $81.6M | 3.68% | −335,045−11.4% | Reduced |
| Alyeska Investment Group, L.P. | 2,520,031 | $79.1M | 0.28% | +1,928,414+326.0% | Added |
| Voloridge Investment Management, LLC | 2,515,967 | $79.0M | 0.29% | −1,695,747−40.3% | Reduced |
| Guardian Capital LP | 2,343,554 | $73.5M | 2.60% | −202,607−8.0% | Reduced |
| Crawford Investment Counsel Inc | 2,332,379 | $73.2M | 1.28% | +38,388+1.7% | Added |
| Brandywine Global Investment Management, LLC | 2,313,289 | $72.8M | 0.51% | +129,691+5.9% | Added |
| Nuveen, LLC | 2,212,019 | $69.4M | 0.02% | −9,339−0.4% | Reduced |
| Dixon Mitchell Investment Counsel Inc. | 2,172,539 | $69.1M | 2.69% | +97,844+4.7% | Added |
| Clearbridge Investments, LLC | 2,159,415 | $67.8M | 0.06% | +203,117+10.4% | Added |
| Two Sigma Advisers, LP | 2,124,958 | $66.7M | 0.14% | +637,400+42.8% | Added |
| Russell Investments Group, Ltd. | 2,053,060 | $64.4M | 0.08% | +146,465+7.7% | Added |
| Fiera Capital Corp | 1,982,580 | $62.3M | 0.21% | −272,410−12.1% | Reduced |
| State of Tennessee, Treasury Department | 1,843,412 | $57.8M | 0.21% | +29,840+1.6% | Added |
| Merewether Investment Management, LP | 1,816,463 | $57.0M | 1.64% | −77,945−4.1% | Reduced |
| Marathon Asset Mgmt Ltd | 1,790,155 | $56.9M | 1.83% | −150,916−7.8% | Reduced |
| BlackRock, Inc. | 1,772,007 | $55.6M | 0.00% | +114,195+6.9% | Added |
| Principal Financial Group Inc | 1,682,429 | $52.8M | 0.03% | +44,760+2.7% | Added |
| Qube Research & Technologies Ltd | 1,621,714 | $50.9M | 0.07% | +362,329+28.8% | Added |
| Intact Investment Management Inc. | 1,574,670 | $49.5M | 1.67% | −243,940−13.4% | Reduced |
| Envestnet Asset Management Inc | 1,572,863 | $49.4M | 0.01% | +111,037+7.6% | Added |
| Miller Howard Investments Inc | 1,451,340 | $45.6M | 1.45% | +11,968+0.8% | Added |
| DekaBank Deutsche Girozentrale | 1,427,745 | $45.3M | 0.08% | +27,129+1.9% | Added |
| First Manhattan Co | 1,404,410 | $44.7M | 0.13% | +9,258+0.7% | Added |
| Waratah Capital Advisors Ltd. | 1,397,570 | $43.9M | 2.99% | −238,233−14.6% | Reduced |
| GW&K Investment Management, LLC | 1,332,381 | $41.8M | 0.37% | −29,951−2.2% | Reduced |
| Raymond James Financial Inc | 1,315,027 | $41.3M | 0.01% | +228,975+21.1% | Added |
| Wells Fargo & Company | 1,259,712 | $39.6M | 0.01% | +514,377+69.0% | Added |
| Barclays PLC | 1,239,693 | $38.9M | 0.02% | +129,581+11.7% | Added |
| UBS Asset Management Americas Inc | 1,155,669 | $36.3M | 0.01% | +30,019+2.7% | Added |
| Citadel Advisors LLC | 1,130,264 | $35.5M | 0.03% | −3,135,792−73.5% | Reduced |
| Balyasny Asset Management LLC | 1,061,499 | $33.3M | 0.08% | −1,118,057−51.3% | Reduced |
| D. E. Shaw & Co., Inc. | 1,050,835 | $33.0M | 0.03% | −5,936,837−85.0% | Reduced |
| Baskin Financial Services Inc. | 1,014,500 | $31.9M | 2.41% | +9,488+0.9% | Added |
| NewEdge Wealth, LLC | 1,011,505 | $30.8M | 0.48% | +67,748+7.2% | Added |
| Capital International Investors | 977,643 | $30.7M | 0.01% | +3,513+0.4% | Added |
| HSBC Holdings PLC | 973,814 | $30.6M | 0.02% | −22,116−2.2% | Reduced |
| Citigroup Inc | 949,644 | $29.8M | 0.02% | +23,773+2.6% | Added |
| Holocene Advisors, LP | 948,238 | $29.8M | 0.07% | −291,517−23.5% | Reduced |
| Scheer, Rowlett & Associates Investment Management Ltd. | 938,400 | $29.5M | 1.91% | +21,230+2.3% | Added |
| SIG North Trading, ULC | 939,275 | $29.5M | 6.47% | +224,419+31.4% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 902,781 | $28.3M | 0.07% | +83,429+10.2% | Added |
| Renaissance Technologies LLC | 894,200 | $28.1M | 0.04% | −734,400−45.1% | Reduced |
| Royal London Asset Management Ltd | 868,484 | $27.3M | 0.06% | −6,524−0.7% | Reduced |