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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, 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.

Institutional holdersQ2 2025: 621 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 heldQ2 2025: $46.7B
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, Q2 2025

Shares, value and share of portfolio for each institution holding Canadian Natural Resources Ltd; share changes are against Q1 2025.

Institutions holding CNQ in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Adams Natural Resources Fund, Inc.97,000$3.05M0.48%+97,000New
Susquehanna International Group, LLP97,087$3.05M0.00%+55,914+135.8%Added
Dakota Wealth Management97,290$3.05M0.06%−7,398−7.1%Reduced
Brinker Capital Investments, LLC98,674$3.10M0.03%+13,377+15.7%Added
Aventail Capital Group, LP101,236$3.18M0.14%00.0%Unchanged
Gulf International Bank (UK) Ltd103,555$3.26M0.12%−17,371−14.4%Reduced
Buttonwood Financial Advisors Inc.103,880$3.26M1.31%+3,070+3.0%Added
Westerkirk Capital Inc.106,350$3.34M0.41%+106,350New
Pathstone Holdings, LLC107,301$3.37M0.01%+16,330+18.0%Added
Quantbot Technologies LP107,358$3.37M0.09%−54,355−33.6%Reduced
Cambria Investment Management, L.P.108,781$3.42M0.23%+108,781New
HighTower Advisors, LLC109,750$3.45M0.00%−12,894−10.5%Reduced
Northwestern Mutual Wealth Management Co113,584$3.57M0.00%+15,704+16.0%Added
Bowen Hanes & Co Inc116,050$3.64M0.09%−24,750−17.6%Reduced
Graybill Bartz & Assoc Ltd120,688$3.79M1.24%+660+0.5%Added
M&T Bank Corp123,139$3.82M0.01%−1,811−1.4%Reduced
Creative Planning122,063$3.83M0.00%+25,092+25.9%Added
Bessemer Group Inc123,854$3.89M0.01%−57,267−31.6%Reduced
Triasima Portfolio Management inc.124,670$3.91M0.71%+39,717+46.8%Added
Investment Management Corp of Ontario127,198$3.99M0.06%−57,720−31.2%Reduced
Swiss Life Asset Management Ltd127,111$4.00M0.02%+23,748+23.0%Added
Cambridge Investment Research Advisors, Inc.128,171$4.03M0.01%+4,132+3.3%Added
Harvest Portfolios Group Inc.130,587$4.10M0.10%−20,076−13.3%Reduced
Dupree Financial Group, LLC132,468$4.16M1.64%−123,443−48.2%Reduced
Public Employees Retirement System of Ohio132,926$4.17M0.01%−29,442−18.1%Reduced
Ensign Peak Advisors, Inc133,300$4.18M0.01%−12,300−8.4%Reduced
Baird Financial Group, Inc.134,779$4.23M0.01%+1,278+1.0%Added
Azzad Asset Management Inc136,944$4.30M0.46%−17,184−11.1%Reduced
Mediolanum International Funds Ltd139,929$4.42M0.05%−75,235−35.0%Reduced
Trexquant Investment LP142,082$4.46M0.05%+129,309+1,012.4%Added
Eagle Global Advisors LLC142,600$4.48M0.18%00.0%Unchanged
Greenline Partners, LLC142,886$4.49M0.60%00.0%Unchanged
Twin Tree Management, LP150,033$4.71M0.12%+12,673+9.2%Added
Advisor Group Holdings, Inc.150,642$4.73M0.01%+36,695+32.2%Added
Manning & Napier Advisors LLC151,141$4.75M0.06%+10,515+7.5%Added
K.J. Harrison & Partners Inc151,665$4.76M0.79%−174,010−53.4%Reduced
Cumberland Partners Ltd152,947$4.80M0.33%−7,203−4.5%Reduced
Metis Global Partners, LLC153,040$4.81M0.12%+25,758+20.2%Added
Cidel Asset Management Inc153,713$4.82M0.29%+634+0.4%Added
Genus Capital Management Inc.173,766$5.45M0.69%+142,150+449.6%Added
Fiduciary Trust Co174,382$5.48M0.07%−7,892−4.3%Reduced
Meixler Investment Management, Ltd.174,715$5.49M3.78%−279−0.2%Reduced
Pacifica Partners Inc.174,213$5.50M2.23%−1,605−0.9%Reduced
Alliancebernstein L.P.175,236$5.50M0.00%−1,769−1.0%Reduced
Louisbourg Investments Inc.181,202$5.68M1.34%+7,336+4.2%Added
Sanctuary Advisors, LLC183,480$5.76M0.04%+6,588+3.7%Added
Capital Wealth Planning, LLC184,685$5.80M0.05%+33,506+22.2%Added
Peterson Wealth Services185,794$5.83M1.60%+5,079+2.8%Added
Beutel, Goodman & Co Ltd.192,170$6.03M0.03%−10,650−5.3%Reduced
Hennessy Advisors Inc195,500$6.14M0.20%00.0%Unchanged
Barometer Capital Management Inc.150,000$6.42M1.77%+150,000New
Graham Capital Management, L.P.208,959$6.56M0.20%−210,042−50.1%Reduced
Mraz, Amerine & Associates, Inc.209,652$6.58M1.06%+25,798+14.0%Added
Public Sector Pension Investment Board212,226$6.66M0.03%00.0%Unchanged
Marshall Wace, LLP213,606$6.71M0.01%−2,762,161−92.8%Reduced
SG Americas Securities, LLC215,727$6.77M0.03%−67,273−23.8%Reduced
SIR Capital Management, L.P.217,900$6.84M0.61%−761,950−77.8%Reduced
Kestra Private Wealth Services, LLC222,468$6.99M0.10%−10,579−4.5%Reduced
Stokes Capital Advisors, LLC222,610$6.99M1.71%+16,796+8.2%Added
Epacria Capital Partners, LLC222,838$7.00M5.84%+14,879+7.2%Added
LPL Financial LLC225,626$7.08M0.00%+63,979+39.6%Added
Stifel Financial Corp225,956$7.10M0.01%+47,895+26.9%Added
Utah Retirement Systems231,760$7.27M0.08%00.0%Unchanged
Cardinal Point Capital Management, ULC232,120$7.28M0.58%+520+0.2%Added
ExodusPoint Capital Management, LP245,900$7.72M0.09%+180,700+277.1%Added
Commonwealth Equity Services, LLC252,340$7.92M0.01%−1,339−0.5%Reduced
Guinness Asset Management LTD252,613$7.94M0.14%−27,070−9.7%Reduced
Heronetta Management, L.P.193,600$8.29M4.62%00.0%Unchanged
USS Investment Management Ltd263,477$8.29M0.05%+49,099+22.9%Added
PCJ Investment Counsel Ltd.267,620$8.42M2.87%−610−0.2%Reduced
Mitsubishi UFJ Trust & Banking Corp270,200$8.50M0.02%−35,900−11.7%Reduced
Quantinno Capital Management LP275,588$8.65M0.04%+24,286+9.7%Added
Cerity Partners LLC276,630$8.69M0.02%+1,172+0.4%Added
Capital International Sarl284,724$8.93M0.17%+15,293+5.7%Added
Jane Street Group, LLC292,075$9.19M0.01%−353,328−54.7%Reduced
Heathbridge Capital Management Ltd.305,700$9.59M3.85%+500.0%Added
Maryland State Retirement & Pension System309,001$9.72M0.21%+30,525+11.0%Added
Great West Life Assurance Co318,425$10.0M0.02%+5,186+1.7%Added
Mariner, LLC324,659$10.2M0.01%+38,351+13.4%Added
Investment Management Associates Inc331,125$10.4M3.50%+7,019+2.2%Added
Millennium Management LLC348,323$10.9M0.01%−2,350,958−87.1%Reduced
Old West Investment Management, LLC352,983$11.1M3.65%+10,700+3.1%Added
Dividend Assets Capital, LLC424,696$13.3M2.42%+20,724+5.1%Added
Crossmark Global Holdings, Inc.439,109$13.8M0.22%+5,494+1.3%Added
Exencial Wealth Advisors, LLC455,533$14.3M0.50%−19,510−4.1%Reduced
CI Private Wealth, LLC481,842$15.1M0.02%−16,591−3.3%Reduced
Natixis Advisors, L.P.486,934$15.3M0.02%+106,293+27.9%Added
Verity & Verity, LLC490,659$15.4M1.32%+5,188+1.1%Added
Harbor Advisors LLC499,800$15.7M2.57%00.0%Unchanged
Pacific Heights Asset Management LLC500,000$15.7M0.84%+50,000+11.1%Added
Intech Investment Management LLC505,487$15.9M0.15%+59,984+13.5%Added
Guardian Partners Inc.498,552$16.0M1.44%−34,968−6.6%Reduced
O'Shaughnessy Asset Management, LLC533,831$16.8M0.11%−66,760−11.1%Reduced
Goehring & Rozencwajg Associates, LLC561,642$17.7M2.70%+34,877+6.6%Added
Point72 Asset Management, L.P.566,108$17.8M0.04%−6,454,712−91.9%Reduced
Nicola Wealth Management Ltd.575,900$18.1M1.70%+575,900New
Acadian Asset Management LLC593,466$18.6M0.04%+182,300+44.3%Added
First Trust Advisors LP615,147$19.3M0.02%+72,170+13.3%Added
BNP Paribas Arbitrage, SA619,830$19.5M0.02%+10,839+1.8%Added
Rempart Asset Management Inc.619,750$19.5M3.74%+1,435+0.2%Added