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, 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
Parkwood LLC624,753$19.6M1.80%+6,748+1.1%Added
QV Investors Inc.627,619$19.7M1.93%+3,751+0.6%Added
Mudita Advisors LLP637,044$20.0M6.71%00.0%Unchanged
U.S. Capital Wealth Advisors, LLC642,420$20.2M0.59%+7,909+1.2%Added
Neuberger Berman Group LLC645,314$20.2M0.02%−164,918−20.4%Reduced
Factory Mutual Insurance Co649,200$20.4M0.22%00.0%Unchanged
Hillsdale Investment Management Inc.666,405$21.0M0.77%+269,858+68.1%Added
Longfellow Investment Management Co LLC671,721$21.1M5.22%+671,721New
Galibier Capital Management Ltd.677,413$21.2M6.38%−18,880−2.7%Reduced
Pictet Asset Management Holding SA701,264$22.0M0.02%+28,138+4.2%Added
Allianz Asset Management GmbH702,510$22.0M0.03%−138,564−16.5%Reduced
Northwest & Ethical Investments L.P.741,744$23.4M0.58%+50,769+7.3%Added
Lincluden Management Ltd748,302$23.5M2.60%+635,393+562.7%Added
Point72 Europe (London) LLP762,447$24.0M1.23%−30,793−3.9%Reduced
Bank of Nova Scotia Trust Co772,886$24.3M2.39%−4,093−0.5%Reduced
Yaupon Capital Management LP794,101$25.0M1.66%−609,356−43.4%Reduced
Korea Investment CORP832,442$26.1M0.06%−433,164−34.2%Reduced
Macquarie Group Ltd789,477$26.6M0.03%−13,205−1.6%Reduced
Robotti Robert331,742$26.6M4.98%−3,790−1.1%Reduced
Capital International Inc850,203$26.7M0.26%+201,426+31.0%Added
American Century Companies Inc850,121$26.7M0.01%+55,398+7.0%Added
Royal London Asset Management Ltd868,484$27.3M0.06%−6,524−0.7%Reduced
Renaissance Technologies LLC894,200$28.1M0.04%−734,400−45.1%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)902,781$28.3M0.07%+83,429+10.2%Added
SIG North Trading, ULC939,275$29.5M6.47%+224,419+31.4%Added
Scheer, Rowlett & Associates Investment Management Ltd.938,400$29.5M1.91%+21,230+2.3%Added
Holocene Advisors, LP948,238$29.8M0.07%−291,517−23.5%Reduced
Citigroup Inc949,644$29.8M0.02%+23,773+2.6%Added
HSBC Holdings PLC973,814$30.6M0.02%−22,116−2.2%Reduced
Capital International Investors977,643$30.7M0.01%+3,513+0.4%Added
NewEdge Wealth, LLC1,011,505$30.8M0.48%+67,748+7.2%Added
Baskin Financial Services Inc.1,014,500$31.9M2.41%+9,488+0.9%Added
D. E. Shaw & Co., Inc.1,050,835$33.0M0.03%−5,936,837−85.0%Reduced
Balyasny Asset Management LLC1,061,499$33.3M0.08%−1,118,057−51.3%Reduced
Citadel Advisors LLC1,130,264$35.5M0.03%−3,135,792−73.5%Reduced
UBS Asset Management Americas Inc1,155,669$36.3M0.01%+30,019+2.7%Added
Barclays PLC1,239,693$38.9M0.02%+129,581+11.7%Added
Wells Fargo & Company1,259,712$39.6M0.01%+514,377+69.0%Added
Raymond James Financial Inc1,315,027$41.3M0.01%+228,975+21.1%Added
GW&K Investment Management, LLC1,332,381$41.8M0.37%−29,951−2.2%Reduced
Waratah Capital Advisors Ltd.1,397,570$43.9M2.99%−238,233−14.6%Reduced
First Manhattan Co1,404,410$44.7M0.13%+9,258+0.7%Added
DekaBank Deutsche Girozentrale1,427,745$45.3M0.08%+27,129+1.9%Added
Miller Howard Investments Inc1,451,340$45.6M1.45%+11,968+0.8%Added
Envestnet Asset Management Inc1,572,863$49.4M0.01%+111,037+7.6%Added
Intact Investment Management Inc.1,574,670$49.5M1.67%−243,940−13.4%Reduced
Qube Research & Technologies Ltd1,621,714$50.9M0.07%+362,329+28.8%Added
Principal Financial Group Inc1,682,429$52.8M0.03%+44,760+2.7%Added
BlackRock, Inc.1,772,007$55.6M0.00%+114,195+6.9%Added
Marathon Asset Mgmt Ltd1,790,155$56.9M1.83%−150,916−7.8%Reduced
Merewether Investment Management, LP1,816,463$57.0M1.64%−77,945−4.1%Reduced
State of Tennessee, Treasury Department1,843,412$57.8M0.21%+29,840+1.6%Added
Fiera Capital Corp1,982,580$62.3M0.21%−272,410−12.1%Reduced
Russell Investments Group, Ltd.2,053,060$64.4M0.08%+146,465+7.7%Added
Two Sigma Advisers, LP2,124,958$66.7M0.14%+637,400+42.8%Added
Clearbridge Investments, LLC2,159,415$67.8M0.06%+203,117+10.4%Added
Dixon Mitchell Investment Counsel Inc.2,172,539$69.1M2.69%+97,844+4.7%Added
Nuveen, LLC2,212,019$69.4M0.02%−9,339−0.4%Reduced
Brandywine Global Investment Management, LLC2,313,289$72.8M0.51%+129,691+5.9%Added
Crawford Investment Counsel Inc2,332,379$73.2M1.28%+38,388+1.7%Added
Guardian Capital LP2,343,554$73.5M2.60%−202,607−8.0%Reduced
Voloridge Investment Management, LLC2,515,967$79.0M0.29%−1,695,747−40.3%Reduced
Alyeska Investment Group, L.P.2,520,031$79.1M0.28%+1,928,414+326.0%Added
Aviso Financial Inc.2,595,601$81.6M3.68%−335,045−11.4%Reduced
Ingalls & Snyder LLC2,598,813$81.6M2.91%+23,450+0.9%Added
Northern Trust Corp3,109,093$97.6M0.01%−182,980−5.6%Reduced
Addenda Capital Inc.2,370,885$102.7M3.69%+235,198+11.0%Added
Two Sigma Investments, LP3,508,793$110.2M0.20%+298,427+9.3%Added
MUFG Securities (Canada), Ltd.3,551,072$111.4M3.39%+344,089+10.7%Added
Deutsche Bank AG3,837,624$120.5M0.04%+245,696+6.8%Added
Alberta Investment Management Corp3,979,800$125.2M0.98%−1,331,347−25.1%Reduced
Bank of New York Mellon Corp4,185,191$131.4M0.02%−532,276−11.3%Reduced
British Columbia Investment Management Corp4,546,154$143.0M0.83%−256,305−5.3%Reduced
Massachusetts Financial Services Co4,599,924$144.4M0.05%−157,594−3.3%Reduced
WCM Investment Management, LLC4,633,243$145.7M0.33%+169,600+3.8%Added
Federation des caisses Desjardins du Quebec4,954,735$155.6M0.68%+313,709+6.8%Added
Bank of Nova Scotia5,093,231$160.0M0.33%−19,169,476−79.0%Reduced
Picton Mahoney Asset Management5,193,500$162.6M2.29%+5,193,500New
Agf Management Ltd4,968,353$163.4M0.74%−744,109−13.0%Reduced
UBS Group AG5,433,396$170.6M0.04%+3,426,263+170.7%Added
Invesco Ltd.5,674,741$178.2M0.03%−244,957−4.1%Reduced
Franklin Resources Inc5,684,258$178.7M0.05%+182,882+3.3%Added
Boston Partners5,887,562$184.9M0.21%−1,523,890−20.6%Reduced
Canoe Financial LP6,131,602$192.3M2.74%+1,393,025+29.4%Added
Swiss National Bank6,379,462$199.7M0.12%+374,700+6.2%Added
Charles Schwab Investment Management Inc6,584,773$206.6M0.04%+411,945+6.7%Added
TD Waterhouse Canada Inc.6,666,913$210.7M1.51%+750,215+12.7%Added
Price T Rowe Associates Inc6,813,975$214.0M0.02%−132,300−1.9%Reduced
Arrowstreet Capital, Limited Partnership6,921,167$217.6M0.15%−2,926,926−29.7%Reduced
Scotia Capital Inc.7,129,824$223.9M1.06%+918,291+14.8%Added
Amundi7,529,910$244.0M0.08%+197,723+2.7%Added
Bank of America Corp7,801,751$245.0M0.02%−7,751,155−49.8%Reduced
Legal & General Group Plc7,912,159$248.2M0.06%+156,291+2.0%Added
Janus Henderson Group PLC8,214,865$257.9M0.13%−149,526−1.8%Reduced
Dimensional Fund Advisors LP8,370,075$262.8M0.06%+87,067+1.1%Added
Connor, Clark & Lunn Investment Management Ltd.8,630,399$271.4M0.96%−2,107,967−19.6%Reduced
Wellington Management Group LLP10,426,852$327.4M0.06%−509,423−4.7%Reduced
Morgan Stanley10,776,512$338.4M0.02%−3,788,503−26.0%Reduced
JPMorgan Chase & Co14,092,637$442.5M0.03%+399,945+2.9%Added
Toronto Dominion Bank14,120,500$444.1M0.95%−8,781,743−38.3%Reduced