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 |
|---|---|---|---|---|---|
| Factory Mutual Insurance Co | 773,003 | $24.7M | 0.24% | +123,803+19.1% | Added |
| Waratah Capital Advisors Ltd. | 757,028 | $24.2M | 1.65% | −640,542−45.8% | Reduced |
| Northwest & Ethical Investments L.P. | 731,914 | $23.5M | 0.55% | −9,830−1.3% | Reduced |
| Lincluden Management Ltd | 700,082 | $22.3M | 2.48% | −48,220−6.4% | Reduced |
| Pictet Asset Management Holding SA | 684,940 | $21.9M | 0.02% | −16,324−2.3% | Reduced |
| Citadel Advisors LLC | 676,435 | $21.6M | 0.02% | −453,829−40.2% | Reduced |
| Longfellow Investment Management Co LLC | 671,721 | $21.5M | 5.09% | 00.0% | Unchanged |
| Parkwood LLC | 654,874 | $20.9M | 2.04% | +30,121+4.8% | Added |
| Neuberger Berman Group LLC | 643,631 | $20.6M | 0.02% | −1,683−0.3% | Reduced |
| U.S. Capital Wealth Advisors, LLC | 643,606 | $20.6M | 0.55% | +1,186+0.2% | Added |
| Mudita Advisors LLP | 637,044 | $20.4M | 5.89% | 00.0% | Unchanged |
| Galibier Capital Management Ltd. | 633,545 | $20.3M | 6.75% | −43,868−6.5% | Reduced |
| Rempart Asset Management Inc. | 629,935 | $20.2M | 3.73% | +10,185+1.6% | Added |
| QV Investors Inc. | 621,867 | $19.9M | 1.72% | −5,752−0.9% | Reduced |
| Macquarie Group Ltd | 617,770 | $19.7M | 0.02% | −171,707−21.7% | Reduced |
| Allianz Asset Management GmbH | 607,331 | $19.5M | 0.02% | −95,179−13.5% | Reduced |
| Nicola Wealth Management Ltd. | 575,900 | $18.4M | 1.64% | 00.0% | Unchanged |
| Quantbot Technologies LP | 545,438 | $17.4M | 0.47% | +438,080+408.1% | Added |
| Public Employees Retirement System of Ohio | 512,387 | $16.4M | 0.05% | +379,461+285.5% | Added |
| Verity & Verity, LLC | 511,164 | $16.3M | 1.31% | +20,505+4.2% | Added |
| Old West Investment Management, LLC | 508,591 | $16.3M | 3.73% | +155,608+44.1% | Added |
| Pacific Heights Asset Management LLC | 500,000 | $16.0M | 0.71% | 00.0% | Unchanged |
| Harbor Advisors LLC | 499,800 | $16.0M | 2.46% | 00.0% | Unchanged |
| Natixis Advisors, L.P. | 486,821 | $15.6M | 0.02% | −1130.0% | Reduced |
| Guardian Partners Inc. | 482,719 | $15.4M | 1.30% | −15,833−3.2% | Reduced |
| CI Private Wealth, LLC | 472,126 | $15.1M | 0.02% | −9,716−2.0% | Reduced |
| Intech Investment Management LLC | 465,326 | $14.9M | 0.13% | −40,161−7.9% | Reduced |
| BNP Paribas Arbitrage, SA | 463,624 | $14.8M | 0.01% | −156,206−25.2% | Reduced |
| Exencial Wealth Advisors, LLC | 459,498 | $14.7M | 0.48% | +3,965+0.9% | Added |
| O'Shaughnessy Asset Management, LLC | 448,895 | $14.3M | 0.08% | −84,936−15.9% | Reduced |
| SIR Capital Management, L.P. | 438,100 | $14.0M | 1.26% | +220,200+101.1% | Added |
| Hillsdale Investment Management Inc. | 436,734 | $14.0M | 0.42% | −229,671−34.5% | Reduced |
| Crossmark Global Holdings, Inc. | 433,065 | $13.8M | 0.21% | −6,044−1.4% | Reduced |
| Dividend Assets Capital, LLC | 425,340 | $13.6M | 2.38% | +644+0.2% | Added |
| Harvest Portfolios Group Inc. | 388,352 | $12.4M | 0.23% | +257,765+197.4% | Added |
| Heathbridge Capital Management Ltd. | 342,300 | $10.9M | 4.20% | +36,600+12.0% | Added |
| Investment Management Associates Inc | 335,252 | $10.7M | 3.19% | +4,127+1.2% | Added |
| Great West Life Assurance Co | 329,617 | $10.7M | 0.02% | +11,192+3.5% | Added |
| Maryland State Retirement & Pension System | 332,764 | $10.7M | 0.22% | +23,763+7.7% | Added |
| Robotti Robert | 326,192 | $10.4M | 1.81% | −5,550−1.7% | Reduced |
| Mariner, LLC | 309,361 | $9.89M | 0.01% | −15,298−4.7% | Reduced |
| Davis-Rea Ltd. | 304,380 | $9.87M | 2.39% | +304,380 | New |
| Capital International Sarl | 297,765 | $9.52M | 0.16% | +13,041+4.6% | Added |
| Lazard Asset Management LLC | 296,794 | $9.49M | 0.01% | +296,794 | New |
| Quantinno Capital Management LP | 294,316 | $9.41M | 0.03% | +18,728+6.8% | Added |
| LPL Financial LLC | 289,330 | $9.25M | 0.00% | +63,704+28.2% | Added |
| Cerity Partners LLC | 287,093 | $9.18M | 0.01% | +10,463+3.8% | Added |
| First Trust Advisors LP | 275,635 | $8.81M | 0.01% | −339,512−55.2% | Reduced |
| Heronetta Management, L.P. | 193,600 | $8.62M | 4.72% | 00.0% | Unchanged |
| USS Investment Management Ltd | 263,477 | $8.43M | 0.04% | 00.0% | Unchanged |
| Guinness Asset Management LTD | 248,133 | $8.03M | 0.13% | −4,480−1.8% | Reduced |
| Commonwealth Equity Services, LLC | 235,696 | $7.53M | 0.01% | −16,644−6.6% | Reduced |
| PDT Partners, LLC | 232,705 | $7.44M | 0.47% | +161,257+225.7% | Added |
| Utah Retirement Systems | 231,760 | $7.41M | 0.07% | 00.0% | Unchanged |
| Mraz, Amerine & Associates, Inc. | 226,513 | $7.24M | 1.13% | +16,861+8.0% | Added |
| Alliancebernstein L.P. | 226,059 | $7.22M | 0.00% | +50,823+29.0% | Added |
| Stifel Financial Corp | 225,884 | $7.22M | 0.01% | −720.0% | Reduced |
| Epacria Capital Partners, LLC | 225,488 | $7.21M | 5.85% | +2,650+1.2% | Added |
| Kestra Private Wealth Services, LLC | 222,850 | $7.12M | 0.09% | +382+0.2% | Added |
| Cardinal Point Capital Management, ULC | 219,331 | $7.01M | 0.49% | −12,789−5.5% | Reduced |
| Public Sector Pension Investment Board | 212,226 | $6.79M | 0.02% | 00.0% | Unchanged |
| Beutel, Goodman & Co Ltd. | 192,470 | $6.16M | 0.04% | +300+0.2% | Added |
| Meixler Investment Management, Ltd. | 191,528 | $6.12M | 3.75% | +16,813+9.6% | Added |
| Hennessy Advisors Inc | 189,800 | $6.07M | 0.21% | −5,700−2.9% | Reduced |
| Renaissance Technologies LLC | 188,700 | $6.03M | 0.01% | −705,500−78.9% | Reduced |
| Peterson Wealth Services | 32 | $5.98M | 1.48% | −185,762−100.0% | Reduced |
| Stokes Capital Advisors, LLC | 187,053 | $5.98M | 1.39% | −35,557−16.0% | Reduced |
| Sanctuary Advisors, LLC | 178,796 | $5.71M | 0.03% | −4,684−2.6% | Reduced |
| Louisbourg Investments Inc. | 178,097 | $5.69M | 1.24% | −3,105−1.7% | Reduced |
| Metis Global Partners, LLC | 177,342 | $5.67M | 0.13% | +24,302+15.9% | Added |
| HRT Financial LP | 176,306 | $5.63M | 0.02% | +176,306 | New |
| Pacifica Partners Inc. | 177,198 | $5.62M | 2.01% | +2,985+1.7% | Added |
| Cumberland Partners Ltd | 175,625 | $5.61M | 0.37% | +22,678+14.8% | Added |
| Investment Management Corp of Ontario | 173,698 | $5.55M | 0.08% | +46,500+36.6% | Added |
| Squarepoint Ops LLC | 169,583 | $5.42M | 0.01% | +169,583 | New |
| Merewether Investment Management, LP | 168,463 | $5.38M | 0.13% | −1,648,000−90.7% | Reduced |
| Fiduciary Trust Co | 164,227 | $5.25M | 0.06% | −10,155−5.8% | Reduced |
| Mediolanum International Funds Ltd | 157,846 | $5.11M | 0.05% | +17,917+12.8% | Added |
| K.J. Harrison & Partners Inc | 161,665 | $5.09M | 0.73% | +10,000+6.6% | Added |
| Creative Planning | 158,178 | $5.06M | 0.00% | +36,115+29.6% | Added |
| D. E. Shaw & Co., Inc. | 156,246 | $4.99M | 0.00% | −894,589−85.1% | Reduced |
| Cidel Asset Management Inc | 152,604 | $4.88M | 0.28% | −1,109−0.7% | Reduced |
| Swiss Life Asset Management Ltd | 144,701 | $4.63M | 0.02% | +17,590+13.8% | Added |
| Greenline Partners, LLC | 143,567 | $4.59M | 0.56% | +681+0.5% | Added |
| Azzad Asset Management Inc | 143,212 | $4.58M | 0.45% | +6,268+4.6% | Added |
| Eagle Global Advisors LLC | 142,600 | $4.56M | 0.17% | 00.0% | Unchanged |
| Gulf International Bank (UK) Ltd | 101,594 | $4.52M | 0.15% | −1,961−1.9% | Reduced |
| Manning & Napier Advisors LLC | 139,610 | $4.51M | 0.06% | −11,531−7.6% | Reduced |
| Strategic Wealth Partners, Ltd. | 140,639 | $4.49M | 0.34% | +140,639 | New |
| Cetera Investment Advisers | 137,545 | $4.40M | 0.01% | +41,155+42.7% | Added |
| Baird Financial Group, Inc. | 136,510 | $4.36M | 0.01% | +1,731+1.3% | Added |
| Northwestern Mutual Wealth Management Co | 128,437 | $4.10M | 0.00% | +14,853+13.1% | Added |
| Advisor Group Holdings, Inc. | 127,652 | $4.05M | 0.01% | −22,990−15.3% | Reduced |
| Graybill Bartz & Assoc Ltd | 123,537 | $3.95M | 1.21% | +2,849+2.4% | Added |
| ARGA Investment Management, LP | 120,612 | $3.85M | 0.10% | +120,612 | New |
| Hohimer Wealth Management, LLC | 117,807 | $3.77M | 0.53% | +68,758+140.2% | Added |
| PCJ Investment Counsel Ltd. | 115,810 | $3.70M | 1.03% | −151,810−56.7% | Reduced |
| Bowen Hanes & Co Inc | 115,550 | $3.69M | 0.09% | −500−0.4% | Reduced |
| M&T Bank Corp | 117,061 | $3.69M | 0.01% | −6,078−4.9% | Reduced |
| Schonfeld Strategic Advisors LLC | 115,428 | $3.69M | 0.03% | +57,154+98.1% | Added |