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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, Q4 2025

Institutional positions in Canadian Natural Resources Ltd as of Dec 31, 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
676
+52 vs. Q3 2025
Shares held
1.46B
−4.96M (−0.3%) vs. Q3 2025
Total value
$49.6B
+$2.75B (+5.9%) vs. Q3 2025
New holders
121
239 more added
Sold out
69
211 more reduced

12 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2025: 676 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 heldQ4 2025: $49.6B
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, Q4 2025

Shares, value and share of portfolio for each institution holding Canadian Natural Resources Ltd; share changes are against Q3 2025.

Institutions holding CNQ in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
GAMMA Investing LLC865$29.3K0.00%00.0%Unchanged
Addison Advisors LLC896$30.3K0.01%−192−17.6%Reduced
Leonteq Securities AG918$31.1K0.00%−3,291−78.2%Reduced
GoalVest Advisory LLC954$32.3K0.01%+954New
St. Johns Investment Management Company, LLC1,000$33.9K0.01%00.0%Unchanged
DV Trading LLC1,000$33.9K0.00%+1,000New
Coastline Trust Co1,000$33.9K0.00%00.0%Unchanged
Gen-Wealth Partners Inc1,041$35.2K0.01%00.0%Unchanged
Bruce G. Allen Investments, LLC1,098$37.2K0.03%−497−31.2%Reduced
Huntington National Bank1,183$40.0K0.00%00.0%Unchanged
Cary Street Partners Financial LLC1,188$40.2K0.00%−90−7.0%Reduced
SBI Securities Co., Ltd.1,190$40.3K0.00%−802−40.3%Reduced
Delta Asset Management LLC1,200$40.6K0.00%00.0%Unchanged
Toth Financial Advisory Corp1,233$41.7K0.00%+13+1.1%Added
Nisa Investment Advisors, LLC1,232$42.3K0.00%+232+23.2%Added
LOM Asset Management Ltd1,000$46.5K0.01%+1,000New
Versant Capital Management, Inc1,443$48.8K0.01%+154+11.9%Added
Boyd Watterson Asset Management LLC1,500$50.8K0.01%+1,500New
Evelyn Partners Investment Management LLP1,680$56.9K0.00%00.0%Unchanged
FNY Investment Advisers, LLC1,700$57.0K0.02%+1,700New
Adirondack Trust Co1,689$57.2K0.02%00.0%Unchanged
TCTC Holdings, LLC1,712$58.0K0.00%00.0%Unchanged
Bryn Mawr Trust Co1,759$59.5K0.00%+139+8.6%Added
HM Payson & Co1,762$59.6K0.00%00.0%Unchanged
Smithfield Trust Co2,000$68.0K0.00%+2,000New
Fifth Third Bancorp2,024$68.5K0.00%+859+73.7%Added
Thurston, Springer, Miller, Herd & Titak, Inc.2,103$71.2K0.02%+2,103New
Brown Brothers Harriman & Co2,238$75.8K0.00%+2,011+885.9%Added
Webster Bank, N. A.2,240$75.8K0.01%00.0%Unchanged
Assetmark, Inc2,258$76.4K0.00%+63+2.9%Added
Ronald Blue Trust, Inc.2,311$78.2K0.00%+3+0.1%Added
Basso Capital Management, L.P.2,400$81.2K0.05%00.0%Unchanged
Clear Street Markets LLC2,400$81.2K0.01%+2,400New
Virtus ETF Advisers LLC1,836$85.4K0.04%+36+2.0%Added
Harbour Investments, Inc.2,527$85.6K0.00%−100−3.8%Reduced
Smartleaf Asset Management LLC2,529$85.8K0.00%+822+48.2%Added
CoreCap Advisors, LLC2,720$92.1K0.00%−568−17.3%Reduced
Massmutual Trust Co FSB3,114$105.4K0.00%−8−0.3%Reduced
Blume Capital Management, Inc.3,600$121.9K0.02%00.0%Unchanged
Hurley Capital, LLC3,604$122.0K0.07%−35,017−90.7%Reduced
Evermay Wealth Management LLC3,600$123.4K0.01%00.0%Unchanged
Umb Bank N A3,848$130.3K0.00%+169+4.6%Added
Spirit of America Management Corp4,000$135.4K0.03%00.0%Unchanged
Bernzott Capital Advisors4,000$135.4K0.06%+4,000New
Bartlett & Co. Wealth Management LLC4,300$146.6K0.00%+100+2.4%Added
MAI Capital Management4,556$154.2K0.00%+699+18.1%Added
Westpac Banking Corp4,671$158.1K0.01%−36−0.8%Reduced
Cromwell Holdings LLC4,639$159.0K0.09%00.0%Unchanged
New Millennium Group LLC4,935$167.1K0.07%+3,072+164.9%Added
Virtus Investment Advisers, Inc.5,029$170.2K0.05%−348−6.5%Reduced
South Dakota Investment Council5,300$179.0K0.00%−500−8.6%Reduced
BNP Paribas Arbitrage, SA5,465$185.0K0.00%−458,159−98.8%Reduced
IFP Advisors, Inc5,498$186.1K0.00%+1,219+28.5%Added
CoreFirst Bank & Trust5,610$189.9K0.10%−875−13.5%Reduced
Tacita Capital Inc5,737$194.4K0.11%−16−0.3%Reduced
Basecamp Wealth Advisors LLC5,764$195.1K0.04%+5,764New
Sittner & Nelson, LLC5,026$196.5K0.07%00.0%Unchanged
EverSource Wealth Advisors, LLC5,889$199.3K0.01%+950+19.2%Added
Westerkirk Capital Inc.5,950$201.6K0.02%−82,000−93.2%Reduced
Corient IA LLC5,960$201.7K0.19%−4,040−40.4%Reduced
Global Retirement Partners, LLC6,099$206.5K0.00%+3,774+162.3%Added
Compagnie Lombard Odier SCmA6,100$206.9K0.00%+6,100New
SeaCrest Wealth Management, LLC6,830$208.9K0.02%−949−12.2%Reduced
HighPoint Advisor Group LLC6,194$209.7K0.00%+6,194New
Kathmere Capital Management, LLC6,199$209.8K0.01%+6,199New
Castleview Partners, LLC6,240$211.2K0.10%+6,240New
Canopy Partners, LLC6,318$213.9K0.07%+6,318New
Pure Financial Advisors, Inc.6,332$214.3K0.00%+6,332New
Sovran Advisors, LLC6,288$214.4K0.02%+6,288New
Summit Financial Wealth Advisors, LLC6,428$217.6K0.03%+6,428New
Uncommon Cents Investing LLC6,430$217.7K0.05%−235−3.5%Reduced
Sequent Planning LLC6,452$218.4K0.06%−20,223−75.8%Reduced
Towarzystwo Funduszy Inwestycyjnych Pzu SA6,590$223.6K0.06%00.0%Unchanged
Legacy Financial Advisors, Inc.6,625$224.3K0.03%+6,625New
Clearstead Advisors, LLC6,651$225.1K0.00%+1,596+31.6%Added
XTX Topco Ltd6,652$225.2K0.01%−70,283−91.4%Reduced
Buckingham Strategic Partners6,680$226.1K0.00%−1,160−14.8%Reduced
Hilltop Holdings Inc.6,691$226.5K0.01%+6,691New
Elgethun Capital Management6,698$226.7K0.04%+6,698New
Aptus Capital Advisors, LLC6,717$227.4K0.00%−433−6.1%Reduced
Nilsine Partners, LLC6,728$227.7K0.02%+285+4.4%Added
Plancorp, LLC6,784$229.6K0.01%+6,784New
180 Wealth Advisors, LLC6,843$231.6K0.03%+6,843New
Prelude Capital Management, LLC6,882$233.2K0.02%+6,882New
Integrated Wealth Concepts LLC6,900$233.6K0.00%−9,636−58.3%Reduced
Old National Bancorp6,924$234.4K0.00%+160+2.4%Added
Scientech Research LLC6,983$236.4K0.15%−845−10.8%Reduced
Parallel Advisors, LLC7,022$237.7K0.00%−418−5.6%Reduced
Crestwood Advisors Group LLC7,037$238.2K0.00%+7,037New
Whetstone Capital Advisors, LLC7,055$238.8K0.07%−323−4.4%Reduced
NatWest Group plc7,182$243.1K0.06%00.0%Unchanged
Welch & Forbes LLC7,270$246.1K0.00%−20−0.3%Reduced
Indivisible Partners7,289$246.7K0.03%+7,289New
Uhlmann Price Securities, LLC7,294$246.9K0.15%+7,294New
Venturi Wealth Management, LLC7,381$249.8K0.01%+276+3.9%Added
Fulton Bank, N.A.7,406$250.7K0.01%+299+4.2%Added
J.W. Cole Advisors, Inc.7,471$251.9K0.01%−276−3.6%Reduced
Nelson, Van Denburg & Campbell Wealth Management Group, LLC7,489$253.5K0.01%+105+1.4%Added
Envestnet Portfolio Solutions, Inc.7,494$253.7K0.00%+637+9.3%Added
Nwam LLC7,073$255.0K0.01%+60+0.9%Added