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, Q3 2025
Institutional positions in Canadian Natural Resources Ltd as of Sep 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
- 636
- +21 vs. Q2 2025
- Shares held
- 1.46B
- −20.1M (−1.4%) vs. Q2 2025
- Total value
- $46.9B
- +$168.5M (+0.4%) vs. Q2 2025
- New holders
- 85
- 236 more added
- Sold out
- 64
- 204 more reduced
6 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 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, Q3 2025
Shares, value and share of portfolio for each institution holding Canadian Natural Resources Ltd; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| GWM Advisors LLC | 76,256 | $2.44M | 0.01% | +14,364+23.2% | Added |
| XTX Topco Ltd | 76,935 | $2.46M | 0.13% | +76,935 | New |
| Numerai GP LLC | 77,164 | $2.47M | 0.35% | +39,049+102.5% | Added |
| Empowered Funds, LLC | 77,798 | $2.49M | 0.03% | −1,068−1.4% | Reduced |
| SEI Investments Co | 77,861 | $2.49M | 0.00% | +12,644+19.4% | Added |
| The PNC Financial Services Group, Inc. | 78,041 | $2.49M | 0.00% | −11,932−13.3% | Reduced |
| Aviva PLC | 78,269 | $2.50M | 0.00% | −1,087−1.4% | Reduced |
| Merrion Investment Management Co, LLC | 78,800 | $2.52M | 1.44% | 00.0% | Unchanged |
| US Bancorp | 79,368 | $2.54M | 0.00% | −15,595−16.4% | Reduced |
| Capital International Ltd | 81,989 | $2.62M | 0.09% | 00.0% | Unchanged |
| Man Group plc | 83,800 | $2.68M | 0.01% | +83,800 | New |
| Dakota Wealth Management | 83,887 | $2.68M | 0.05% | −13,403−13.8% | Reduced |
| American Trust | 84,817 | $2.71M | 0.23% | −1,004−1.2% | Reduced |
| Immersion Capital LLP | 85,874 | $2.74M | 2.82% | 00.0% | Unchanged |
| Ninepoint Partners LP | 86,196 | $2.75M | 0.38% | −4,138−4.6% | Reduced |
| Westerkirk Capital Inc. | 87,950 | $2.81M | 0.32% | −18,400−17.3% | Reduced |
| Burgundy Asset Management Ltd. | 89,097 | $2.82M | 0.03% | +13,962+18.6% | Added |
| Kornitzer Capital Management Inc | 89,395 | $2.86M | 0.06% | +3,195+3.7% | Added |
| Ensign Peak Advisors, Inc | 91,200 | $2.92M | 0.00% | −42,100−31.6% | Reduced |
| Acadian Asset Management LLC | 93,900 | $3.00M | 0.01% | −499,566−84.2% | Reduced |
| Peak Financial Advisors LLC | 94,972 | $3.04M | 1.46% | +9,103+10.6% | Added |
| Gold Investment Management Ltd. | 95,101 | $3.04M | 1.02% | +1,261+1.3% | Added |
| HighTower Advisors, LLC | 95,310 | $3.05M | 0.00% | −14,440−13.2% | Reduced |
| JCIC Asset Management Inc. | 96,422 | $3.08M | 0.96% | +96,422 | New |
| Adams Natural Resources Fund, Inc. | 97,000 | $3.10M | 0.47% | 00.0% | Unchanged |
| Cypress Capital Group | 97,370 | $3.11M | 0.37% | +3,870+4.1% | Added |
| Mitsubishi UFJ Trust & Banking Corp | 99,200 | $3.17M | 0.01% | −171,000−63.3% | Reduced |
| Brinker Capital Investments, LLC | 99,374 | $3.18M | 0.02% | +700+0.7% | Added |
| Aventail Capital Group, LP | 101,236 | $3.24M | 0.15% | 00.0% | Unchanged |
| Bessemer Group Inc | 104,215 | $3.33M | 0.01% | −19,639−15.9% | Reduced |
| Graham Capital Management, L.P. | 107,142 | $3.42M | 0.13% | −101,817−48.7% | Reduced |
| Pathstone Holdings, LLC | 108,629 | $3.47M | 0.01% | +1,328+1.2% | Added |
| Lorne Steinberg Wealth Management Inc. | 110,232 | $3.52M | 0.85% | +23,022+26.4% | Added |
| AXA Investment Managers S.A. | 110,368 | $3.53M | 0.01% | +110,368 | New |
| Buttonwood Financial Advisors Inc. | 114,153 | $3.65M | 1.26% | +10,273+9.9% | Added |
| Tower Research Capital LLC (TRC) | 114,704 | $3.67M | 0.10% | +38,353+50.2% | Added |
| Schonfeld Strategic Advisors LLC | 115,428 | $3.69M | 0.03% | +57,154+98.1% | Added |
| M&T Bank Corp | 117,061 | $3.69M | 0.01% | −6,078−4.9% | Reduced |
| Bowen Hanes & Co Inc | 115,550 | $3.69M | 0.09% | −500−0.4% | Reduced |
| PCJ Investment Counsel Ltd. | 115,810 | $3.70M | 1.03% | −151,810−56.7% | Reduced |
| Hohimer Wealth Management, LLC | 117,807 | $3.77M | 0.53% | +68,758+140.2% | Added |
| ARGA Investment Management, LP | 120,612 | $3.85M | 0.10% | +120,612 | New |
| Graybill Bartz & Assoc Ltd | 123,537 | $3.95M | 1.21% | +2,849+2.4% | Added |
| Advisor Group Holdings, Inc. | 127,652 | $4.05M | 0.01% | −22,990−15.3% | Reduced |
| Northwestern Mutual Wealth Management Co | 128,437 | $4.10M | 0.00% | +14,853+13.1% | Added |
| Baird Financial Group, Inc. | 136,510 | $4.36M | 0.01% | +1,731+1.3% | Added |
| Cetera Investment Advisers | 137,545 | $4.40M | 0.01% | +41,155+42.7% | Added |
| Strategic Wealth Partners, Ltd. | 140,639 | $4.49M | 0.34% | +140,639 | New |
| Manning & Napier Advisors LLC | 139,610 | $4.51M | 0.06% | −11,531−7.6% | Reduced |
| Gulf International Bank (UK) Ltd | 101,594 | $4.52M | 0.15% | −1,961−1.9% | Reduced |
| Eagle Global Advisors LLC | 142,600 | $4.56M | 0.17% | 00.0% | Unchanged |
| Azzad Asset Management Inc | 143,212 | $4.58M | 0.45% | +6,268+4.6% | Added |
| Greenline Partners, LLC | 143,567 | $4.59M | 0.56% | +681+0.5% | Added |
| Swiss Life Asset Management Ltd | 144,701 | $4.63M | 0.02% | +17,590+13.8% | Added |
| Cidel Asset Management Inc | 152,604 | $4.88M | 0.28% | −1,109−0.7% | Reduced |
| D. E. Shaw & Co., Inc. | 156,246 | $4.99M | 0.00% | −894,589−85.1% | Reduced |
| Creative Planning | 158,178 | $5.06M | 0.00% | +36,115+29.6% | Added |
| K.J. Harrison & Partners Inc | 161,665 | $5.09M | 0.73% | +10,000+6.6% | Added |
| Mediolanum International Funds Ltd | 157,846 | $5.11M | 0.05% | +17,917+12.8% | Added |
| Fiduciary Trust Co | 164,227 | $5.25M | 0.06% | −10,155−5.8% | Reduced |
| Merewether Investment Management, LP | 168,463 | $5.38M | 0.13% | −1,648,000−90.7% | Reduced |
| Squarepoint Ops LLC | 169,583 | $5.42M | 0.01% | +169,583 | New |
| Investment Management Corp of Ontario | 173,698 | $5.55M | 0.08% | +46,500+36.6% | Added |
| Cumberland Partners Ltd | 175,625 | $5.61M | 0.37% | +22,678+14.8% | Added |
| Pacifica Partners Inc. | 177,198 | $5.62M | 2.01% | +2,985+1.7% | Added |
| HRT Financial LP | 176,306 | $5.63M | 0.02% | +176,306 | New |
| Metis Global Partners, LLC | 177,342 | $5.67M | 0.13% | +24,302+15.9% | Added |
| Louisbourg Investments Inc. | 178,097 | $5.69M | 1.24% | −3,105−1.7% | Reduced |
| Sanctuary Advisors, LLC | 178,796 | $5.71M | 0.03% | −4,684−2.6% | Reduced |
| Stokes Capital Advisors, LLC | 187,053 | $5.98M | 1.39% | −35,557−16.0% | Reduced |
| Peterson Wealth Services | 32 | $5.98M | 1.48% | −185,762−100.0% | Reduced |
| Renaissance Technologies LLC | 188,700 | $6.03M | 0.01% | −705,500−78.9% | Reduced |
| Hennessy Advisors Inc | 189,800 | $6.07M | 0.21% | −5,700−2.9% | Reduced |
| Meixler Investment Management, Ltd. | 191,528 | $6.12M | 3.75% | +16,813+9.6% | Added |
| Beutel, Goodman & Co Ltd. | 192,470 | $6.16M | 0.04% | +300+0.2% | Added |
| Public Sector Pension Investment Board | 212,226 | $6.79M | 0.02% | 00.0% | Unchanged |
| Cardinal Point Capital Management, ULC | 219,331 | $7.01M | 0.49% | −12,789−5.5% | Reduced |
| Kestra Private Wealth Services, LLC | 222,850 | $7.12M | 0.09% | +382+0.2% | Added |
| Epacria Capital Partners, LLC | 225,488 | $7.21M | 5.85% | +2,650+1.2% | Added |
| Stifel Financial Corp | 225,884 | $7.22M | 0.01% | −720.0% | Reduced |
| Alliancebernstein L.P. | 226,059 | $7.22M | 0.00% | +50,823+29.0% | Added |
| Mraz, Amerine & Associates, Inc. | 226,513 | $7.24M | 1.13% | +16,861+8.0% | Added |
| Utah Retirement Systems | 231,760 | $7.41M | 0.07% | 00.0% | Unchanged |
| PDT Partners, LLC | 232,705 | $7.44M | 0.47% | +161,257+225.7% | Added |
| Commonwealth Equity Services, LLC | 235,696 | $7.53M | 0.01% | −16,644−6.6% | Reduced |
| Guinness Asset Management LTD | 248,133 | $8.03M | 0.13% | −4,480−1.8% | Reduced |
| USS Investment Management Ltd | 263,477 | $8.43M | 0.04% | 00.0% | Unchanged |
| Heronetta Management, L.P. | 193,600 | $8.62M | 4.72% | 00.0% | Unchanged |
| First Trust Advisors LP | 275,635 | $8.81M | 0.01% | −339,512−55.2% | Reduced |
| Cerity Partners LLC | 287,093 | $9.18M | 0.01% | +10,463+3.8% | Added |
| LPL Financial LLC | 289,330 | $9.25M | 0.00% | +63,704+28.2% | Added |
| Quantinno Capital Management LP | 294,316 | $9.41M | 0.03% | +18,728+6.8% | Added |
| Lazard Asset Management LLC | 296,794 | $9.49M | 0.01% | +296,794 | New |
| Capital International Sarl | 297,765 | $9.52M | 0.16% | +13,041+4.6% | Added |
| Davis-Rea Ltd. | 304,380 | $9.87M | 2.39% | +304,380 | New |
| Mariner, LLC | 309,361 | $9.89M | 0.01% | −15,298−4.7% | Reduced |
| Robotti Robert | 326,192 | $10.4M | 1.81% | −5,550−1.7% | Reduced |
| Maryland State Retirement & Pension System | 332,764 | $10.7M | 0.22% | +23,763+7.7% | Added |
| Great West Life Assurance Co | 329,617 | $10.7M | 0.02% | +11,192+3.5% | Added |
| Investment Management Associates Inc | 335,252 | $10.7M | 3.19% | +4,127+1.2% | Added |