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.
| 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, Q4 2025
Shares, value and share of portfolio for each institution holding Canadian Natural Resources Ltd; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Legacy Capital Group California, Inc. | 15,731 | $532.5K | 0.13% | +3,679+30.5% | Added |
| Dana Investment Advisors, Inc. | 15,970 | $540.6K | 0.02% | 00.0% | Unchanged |
| D.A. Davidson & Co. | 16,427 | $556.1K | 0.00% | +117+0.7% | Added |
| Evergreen Capital Management LLC | 16,473 | $564.6K | 0.01% | −952−5.5% | Reduced |
| denkapparat Operations GmbH | 16,700 | $565.6K | 0.31% | −10,300−38.1% | Reduced |
| Knott David M Jr | 16,800 | $568.7K | 0.26% | 00.0% | Unchanged |
| Legacy Wealth Asset Management, LLC | 16,810 | $569.0K | 0.14% | +11+0.1% | Added |
| Simplex Trading, LLC | 16,825 | $569.5K | 0.02% | +1,347+8.7% | Added |
| Wellington Shields Capital Management, LLC | 17,300 | $585.6K | 0.09% | +1,000+6.1% | Added |
| Inspire Advisors, LLC | 17,362 | $587.7K | 0.05% | +17,362 | New |
| Natixis | 17,660 | $597.8K | 0.00% | −227−1.3% | Reduced |
| Merit Financial Group, LLC | 17,960 | $607.9K | 0.00% | +875+5.1% | Added |
| Frank, Rimerman Advisors LLC | 17,970 | $608.3K | 0.04% | +84+0.5% | Added |
| Farther Finance Advisors, LLC | 17,976 | $608.5K | 0.01% | +4,176+30.3% | Added |
| Texas Yale Capital Corp. | 18,000 | $609.3K | 0.02% | −7,000−28.0% | Reduced |
| Conning Inc. | 18,004 | $609.4K | 0.02% | +2,495+16.1% | Added |
| Trinity Legacy Partners, LLC | 18,052 | $611.1K | 0.14% | −80.0% | Reduced |
| Allianz Asset Management GmbH | 18,135 | $615.1K | 0.00% | −589,196−97.0% | Reduced |
| Mercer Global Advisors Inc | 18,975 | $642.3K | 0.00% | +472+2.6% | Added |
| Brown Advisory Inc | 19,479 | $659.4K | 0.00% | −141−0.7% | Reduced |
| Atria Investments LLC | 19,769 | $669.2K | 0.01% | −1,232−5.9% | Reduced |
| Cadence Wealth Management LLC | 20,262 | $685.9K | 0.33% | +903+4.7% | Added |
| Connable Office Inc | 20,426 | $691.4K | 0.06% | 00.0% | Unchanged |
| Morningstar Investment Management LLC | 20,643 | $699.0K | 0.04% | +20,643 | New |
| Acadian Asset Management LLC | 20,900 | $707.0K | 0.00% | −73,000−77.7% | Reduced |
| UBS Asset Management Americas Inc | 21,054 | $712.7K | 0.00% | +21,054 | New |
| RSM US Wealth Management LLC | 21,028 | $713.1K | 0.01% | −552−2.6% | Reduced |
| Vontobel Holding Ltd. | 21,091 | $714.4K | 0.00% | +21,091 | New |
| David R. Rahn & Associates Inc. | 21,259 | $719.6K | 0.17% | +5,662+36.3% | Added |
| CenterBook Partners LP | 21,329 | $722.0K | 0.04% | −27,602−56.4% | Reduced |
| Jamison Private Wealth Management, Inc. | 22,209 | $751.8K | 0.09% | +2,590+13.2% | Added |
| Sustainable Insight Capital Management, LLC | 22,892 | $775.5K | 0.26% | −22,200−49.2% | Reduced |
| Private Advisor Group, LLC | 23,209 | $785.6K | 0.00% | +10,363+80.7% | Added |
| Groupama Asset Managment | 23,724 | $803.1K | 0.01% | −13,581−36.4% | Reduced |
| Candriam Luxembourg S.C.A. | 23,692 | $803.6K | 0.00% | +14,246+150.8% | Added |
| Clear Harbor Asset Management, LLC | 24,181 | $818.5K | 0.06% | 00.0% | Unchanged |
| Yousif Capital Management, LLC | 24,110 | $830.1K | 0.01% | 00.0% | Unchanged |
| Brian Low Financial Group, LLC | 24,672 | $835.1K | 0.59% | +8,172+49.5% | Added |
| Independent Advisor Alliance | 25,184 | $852.5K | 0.02% | +7,952+46.1% | Added |
| Marshall Financial Group LLC | 25,678 | $869.2K | 0.17% | +25,678 | New |
| Foster & Motley Inc | 25,934 | $878.0K | 0.05% | −4,378−14.4% | Reduced |
| Quantitative Investment Management, LLC | 26,083 | $882.0K | 0.09% | +4,989+23.7% | Added |
| Rathbone Brothers plc | 26,308 | $892.3K | 0.00% | +350+1.3% | Added |
| Gateway Investment Advisers LLC | 26,486 | $896.5K | 0.01% | +330+1.3% | Added |
| Geneos Wealth Management Inc. | 26,644 | $901.9K | 0.02% | −3,100−10.4% | Reduced |
| Atomi Financial Group, Inc. | 26,778 | $906.4K | 0.03% | +2,349+9.6% | Added |
| Rockefeller Capital Management L.P. | 27,131 | $918.4K | 0.00% | +10,649+64.6% | Added |
| Graham Capital Management, L.P. | 27,276 | $923.3K | 0.03% | −79,866−74.5% | Reduced |
| Marietta Investment Partners LLC | 27,681 | $937.0K | 0.19% | +3,306+13.6% | Added |
| Syon Capital LLC | 27,939 | $945.7K | 0.05% | +825+3.0% | Added |
| Rothschild Investment LLC | 28,311 | $958.3K | 0.05% | +120.0% | Added |
| Finivi Inc. | 28,341 | $959.4K | 0.55% | −595−2.1% | Reduced |
| Fore Capital, LLC | 30,000 | $1.02M | 1.34% | +30,000 | New |
| Vigil Wealth Management, LLC | 30,000 | $1.02M | 0.84% | +30,000 | New |
| Steward Partners Investment Advisory, LLC | 30,002 | $1.02M | 0.01% | +6,201+26.1% | Added |
| Benjamin Edwards Inc | 29,999 | $1.02M | 0.01% | +4,171+16.1% | Added |
| Lombard Odier Asset Management (Switzerland) SA | 30,000 | $1.02M | 0.04% | +30,000 | New |
| Marks Group Wealth Management, Inc | 30,228 | $1.02M | 0.10% | +30,228 | New |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 30,600 | $1.04M | 0.00% | 00.0% | Unchanged |
| Waterfront Wealth Inc. | 28,929 | $1.04M | 0.20% | −40−0.1% | Reduced |
| CAPROCK Group, Inc. | 30,651 | $1.05M | 0.02% | +2,118+7.4% | Added |
| One Capital Management, LLC | 30,956 | $1.05M | 0.03% | +30,956 | New |
| Triasima Portfolio Management inc. | 31,574 | $1.07M | 0.16% | −2,980−8.6% | Reduced |
| Shelton Capital Management | 32,279 | $1.09M | 0.02% | 00.0% | Unchanged |
| Ritholtz Wealth Management | 32,462 | $1.10M | 0.02% | −1,260−3.7% | Reduced |
| Vident Advisory, LLC | 32,551 | $1.10M | 0.01% | −1,600−4.7% | Reduced |
| Tower Research Capital LLC (TRC) | 32,957 | $1.12M | 0.03% | −81,747−71.3% | Reduced |
| King Luther Capital Management Corp | 33,142 | $1.12M | 0.00% | −226−0.7% | Reduced |
| Hudson Bay Capital Management LP | 33,293 | $1.13M | 0.01% | 00.0% | Unchanged |
| TCG Advisory Services, LLC | 33,373 | $1.13M | 0.03% | +33,373 | New |
| Financial Perspectives, Inc | 33,516 | $1.13M | 0.31% | +7,685+29.8% | Added |
| Joel Isaacson & Co., LLC | 33,714 | $1.14M | 0.04% | +4,664+16.1% | Added |
| Dynasty Wealth Management, LLC | 34,343 | $1.16M | 0.01% | +2,605+8.2% | Added |
| Qtron Investments LLC | 34,660 | $1.18M | 0.15% | −13,171−27.5% | Reduced |
| Inspire Trust Co, N.A. | 35,000 | $1.18M | 0.19% | +35,000 | New |
| Credit Agricole S A | 35,429 | $1.20M | 0.00% | +695+2.0% | Added |
| Mainstay Capital Management LLC | 35,681 | $1.21M | 0.09% | −2,899−7.5% | Reduced |
| Hara Capital LLC | 35,559 | $1.22M | 0.68% | −900−2.5% | Reduced |
| Journey Advisory Group, LLC | 36,753 | $1.24M | 0.10% | +17,605+91.9% | Added |
| Salem Investment Counselors Inc | 36,800 | $1.26M | 0.04% | −600−1.6% | Reduced |
| Wexford Capital LP | 37,280 | $1.26M | 0.32% | 00.0% | Unchanged |
| Glenmede Trust Co NA | 37,387 | $1.27M | 0.01% | +37,387 | New |
| Cigna Investments Inc | 37,359 | $1.27M | 0.18% | −578−1.5% | Reduced |
| Novem Group | 37,532 | $1.27M | 0.15% | +37,532 | New |
| SCP Investment, LP | 38,400 | $1.30M | 1.06% | +2,600+7.3% | Added |
| Sequoia Financial Advisors, LLC | 38,729 | $1.31M | 0.01% | +1,185+3.2% | Added |
| Ewing Morris & Co. Investment Partners Ltd. | 37,951 | $1.32M | 0.58% | 00.0% | Unchanged |
| Steadtrust LLC | 39,980 | $1.35M | 0.83% | +1,600+4.2% | Added |
| Leo Wealth, LLC | 40,661 | $1.38M | 0.10% | +3,112+8.3% | Added |
| Laird Norton Trust Company, LLC | 40,478 | $1.39M | 0.03% | +40,478 | New |
| Callan Family Office, LLC | 41,210 | $1.39M | 0.03% | +41,210 | New |
| PCM Encore, LLC | 41,313 | $1.40M | 0.30% | +41,313 | New |
| Advisors Asset Management, Inc. | 41,445 | $1.40M | 0.02% | −5,756−12.2% | Reduced |
| Numerai GP LLC | 41,700 | $1.41M | 0.17% | −35,464−46.0% | Reduced |
| CoreCommodity Management, LLC | 42,174 | $1.43M | 0.30% | +29,194+224.9% | Added |
| Investors Research Corp | 43,725 | $1.48M | 0.27% | −825−1.9% | Reduced |
| Ted Buchan & Co | 43,814 | $1.48M | 0.54% | +260+0.6% | Added |
| Assenagon Asset Management S.A. | 43,770 | $1.48M | 0.00% | −160.0% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 47,126 | $1.49M | 0.00% | +7,818+19.9% | Added |
| Lee Financial Co | 43,940 | $1.49M | 0.20% | −5,509−11.1% | Reduced |