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 |
|---|---|---|---|---|---|
| Cambridge Investment Research Advisors, Inc. | 44,751 | $1.51M | 0.00% | +21,334+91.1% | Added |
| Park Avenue Securities LLC | 44,847 | $1.52M | 0.01% | +135+0.3% | Added |
| Wahed Invest LLC | 45,592 | $1.55M | 0.20% | +7,731+20.4% | Added |
| Signaturefd, LLC | 46,572 | $1.58M | 0.02% | +2,754+6.3% | Added |
| Value Partners Investments Inc. | 48,333 | $1.64M | 0.13% | +990+2.1% | Added |
| Oakmont Investment Advisors, Inc. | 48,840 | $1.65M | 1.21% | +48,840 | New |
| CIBC Private Wealth Group, LLC | 48,883 | $1.66M | 0.00% | −1,369−2.7% | Reduced |
| Truist Financial Corp | 48,950 | $1.66M | 0.00% | −5,102−9.4% | Reduced |
| Johnson Investment Counsel Inc | 49,225 | $1.67M | 0.01% | −625−1.3% | Reduced |
| Captrust Financial Advisors | 49,685 | $1.68M | 0.00% | +8,637+21.0% | Added |
| Oppenheimer & Co Inc | 50,016 | $1.69M | 0.02% | −1,231−2.4% | Reduced |
| Spears Abacus Advisors LLC | 50,634 | $1.71M | 0.03% | −1,000−1.9% | Reduced |
| Aventail Capital Group, LP | 51,178 | $1.73M | 0.10% | −50,058−49.4% | Reduced |
| Adams Natural Resources Fund, Inc. | 51,200 | $1.73M | 0.26% | −45,800−47.2% | Reduced |
| SWP Investment Management LLC | 53,229 | $1.80M | 1.31% | +21,389+67.2% | Added |
| Wiley Bros.-Aintree Capital, LLC | 54,941 | $1.86M | 0.01% | +24,631+81.3% | Added |
| Equitable Trust Co | 55,280 | $1.87M | 0.08% | −262−0.5% | Reduced |
| Quadrant Capital Group LLC | 55,442 | $1.88M | 0.06% | −102−0.2% | Reduced |
| UniSuper Management Pty Ltd | 40,700 | $1.89M | 0.01% | +4,800+13.4% | Added |
| PKO Investment Management Joint-Stock Co | 57,700 | $1.96M | 0.16% | −5,700−9.0% | Reduced |
| Recurrent Investment Advisors LLC | 59,242 | $2.01M | 0.15% | 00.0% | Unchanged |
| Rockingstone Advisors LLC | 59,415 | $2.01M | 0.92% | +6,400+12.1% | Added |
| Vise Technologies, Inc. | 59,789 | $2.02M | 0.04% | +15,898+36.2% | Added |
| Bowen Hanes & Co Inc | 60,800 | $2.06M | 0.05% | −54,750−47.4% | Reduced |
| RD Lewis Holdings, Inc. | 55,551 | $2.08M | 1.78% | +1,082+2.0% | Added |
| Immersion Capital LLP | 61,874 | $2.09M | 3.03% | −24,000−27.9% | Reduced |
| Verdence Capital Advisors LLC | 64,305 | $2.18M | 0.13% | −76−0.1% | Reduced |
| Roundview Capital LLC | 64,348 | $2.18M | 0.13% | −1,001−1.5% | Reduced |
| Ieq Capital, LLC | 64,671 | $2.19M | 0.01% | +11,413+21.4% | Added |
| MML Investors Services, LLC | 64,759 | $2.19M | 0.01% | +3,770+6.2% | Added |
| Forum Financial Management, LP | 64,965 | $2.20M | 0.03% | −39−0.1% | Reduced |
| Timelo Investment Management Inc. | 65,000 | $2.20M | 2.33% | +45,000+225.0% | Added |
| Woodbridge Co Ltd | 66,000 | $2.23M | 0.01% | 00.0% | Unchanged |
| Snowden Capital Advisors LLC | 65,738 | $2.25M | 0.06% | +6,128+10.3% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 67,053 | $2.27M | 0.00% | −1,751−2.5% | Reduced |
| Nikko Asset Management Americas, Inc. | 67,053 | $2.27M | 0.03% | −1,751−2.5% | Reduced |
| Van Eck Associates Corp | 67,277 | $2.28M | 0.00% | +29,181+76.6% | Added |
| JustInvest LLC | 68,031 | $2.30M | 0.02% | +2,841+4.4% | Added |
| Ashton Thomas Private Wealth, LLC | 67,894 | $2.32M | 0.06% | +20,288+42.6% | Added |
| Farrow Financial Inc. | 68,860 | $2.33M | 1.34% | +68,860 | New |
| Kestra Advisory Services, LLC | 69,001 | $2.34M | 0.01% | +3,822+5.9% | Added |
| Carnegie Capital Asset Management, LLC | 69,398 | $2.35M | 0.04% | −2,890−4.0% | Reduced |
| Obermeyer Wood Investment Counsel, LLLP | 73,225 | $2.48M | 0.11% | −978−1.3% | Reduced |
| The PNC Financial Services Group, Inc. | 74,266 | $2.51M | 0.00% | −3,775−4.8% | Reduced |
| MGB Wealth Management, LLC | 74,337 | $2.52M | 0.72% | −721−1.0% | Reduced |
| Solstein Capital, LLC | 74,660 | $2.53M | 1.01% | +18,896+33.9% | Added |
| Aviva PLC | 76,730 | $2.60M | 0.00% | −1,539−2.0% | Reduced |
| Bleakley Financial Group, LLC | 78,161 | $2.65M | 0.05% | +29,249+59.8% | Added |
| US Bancorp | 78,507 | $2.66M | 0.00% | −861−1.1% | Reduced |
| Merrion Investment Management Co, LLC | 78,800 | $2.70M | 1.45% | 00.0% | Unchanged |
| Susquehanna Advisors Group, Inc. | 80,400 | $2.72M | 0.09% | +80,400 | New |
| GWM Advisors LLC | 81,351 | $2.75M | 0.01% | +5,095+6.7% | Added |
| American Trust | 84,986 | $2.88M | 0.24% | +169+0.2% | Added |
| Dakota Wealth Management | 85,458 | $2.89M | 0.05% | +1,571+1.9% | Added |
| BTG Pactual Asset Management US LLC | 86,373 | $2.92M | 0.32% | +86,373 | New |
| Jane Street Group, LLC | 87,186 | $2.95M | 0.00% | −1,330,340−93.8% | Reduced |
| SEI Investments Co | 90,195 | $3.05M | 0.00% | +12,334+15.8% | Added |
| Vestmark Advisory Solutions, Inc. | 91,053 | $3.08M | 0.04% | +91,053 | New |
| Ensign Peak Advisors, Inc | 91,200 | $3.09M | 0.01% | 00.0% | Unchanged |
| Kornitzer Capital Management Inc | 91,670 | $3.10M | 0.06% | +2,275+2.5% | Added |
| Voleon Capital Management LP | 93,470 | $3.16M | 0.07% | +19,918+27.1% | Added |
| Peak Financial Advisors LLC | 93,550 | $3.17M | 1.42% | −1,422−1.5% | Reduced |
| JCIC Asset Management Inc. | 94,837 | $3.21M | 0.98% | −1,585−1.6% | Reduced |
| Polar Asset Management Partners Inc. | 95,000 | $3.22M | 0.06% | +95,000 | New |
| Bessemer Group Inc | 96,494 | $3.27M | 0.01% | −7,721−7.4% | Reduced |
| Gold Investment Management Ltd. | 96,896 | $3.28M | 1.05% | +1,795+1.9% | Added |
| Cypress Capital Group | 97,342 | $3.30M | 0.37% | −280.0% | Reduced |
| Gulf International Bank (UK) Ltd | 101,594 | $3.44M | 0.11% | 00.0% | Unchanged |
| Mediolanum International Funds Ltd | 103,409 | $3.51M | 0.04% | −54,437−34.5% | Reduced |
| M&T Bank Corp | 107,157 | $3.58M | 0.01% | −9,904−8.5% | Reduced |
| TriaGen Wealth Management LLC | 106,838 | $3.62M | 0.94% | +106,838 | New |
| Brinker Capital Investments, LLC | 108,301 | $3.67M | 0.03% | +8,927+9.0% | Added |
| Capital International Ltd | 110,226 | $3.73M | 0.13% | +28,237+34.4% | Added |
| K.J. Harrison & Partners Inc | 112,415 | $3.81M | 0.51% | −49,250−30.5% | Reduced |
| Buttonwood Financial Advisors Inc. | 112,834 | $3.82M | 1.27% | −1,319−1.2% | Reduced |
| Lorne Steinberg Wealth Management Inc. | 113,406 | $3.85M | 0.88% | +3,174+2.9% | Added |
| Life Cycle Investment Partners Ltd | 84,874 | $3.95M | 0.03% | +84,874 | New |
| Hohimer Wealth Management, LLC | 117,843 | $3.99M | 0.54% | +360.0% | Added |
| Voya Investment Management LLC | 117,874 | $4.00M | 0.00% | +57,604+95.6% | Added |
| Burkett Asset Management Ltd | 118,568 | $4.02M | 4.06% | +118,568 | New |
| Stokes Capital Advisors, LLC | 119,481 | $4.04M | 0.92% | −67,572−36.1% | Reduced |
| PCJ Investment Counsel Ltd. | 119,800 | $4.06M | 1.00% | +3,990+3.4% | Added |
| Pathstone Holdings, LLC | 123,547 | $4.18M | 0.02% | +14,918+13.7% | Added |
| Graybill Bartz & Assoc Ltd | 124,230 | $4.21M | 1.24% | +693+0.6% | Added |
| Louisbourg Investments Inc. | 132,837 | $4.51M | 0.90% | −45,260−25.4% | Reduced |
| PDT Partners, LLC | 136,031 | $4.60M | 0.30% | −96,674−41.5% | Reduced |
| Manning & Napier Advisors LLC | 136,840 | $4.64M | 0.06% | −2,770−2.0% | Reduced |
| Baird Financial Group, Inc. | 139,401 | $4.72M | 0.01% | +2,891+2.1% | Added |
| Meixler Investment Management, Ltd. | 141,124 | $4.78M | 2.90% | −50,404−26.3% | Reduced |
| Greenline Partners, LLC | 142,344 | $4.82M | 0.55% | −1,223−0.9% | Reduced |
| Eagle Global Advisors LLC | 142,600 | $4.83M | 0.18% | 00.0% | Unchanged |
| Swiss Life Asset Management Ltd | 143,485 | $4.86M | 0.02% | −1,216−0.8% | Reduced |
| Azzad Asset Management Inc | 145,269 | $4.92M | 0.48% | +2,057+1.4% | Added |
| ARGA Investment Management, LP | 145,811 | $4.94M | 0.13% | +25,199+20.9% | Added |
| HighTower Advisors, LLC | 151,806 | $5.14M | 0.01% | +56,496+59.3% | Added |
| Northwestern Mutual Wealth Management Co | 155,450 | $5.26M | 0.00% | +27,013+21.0% | Added |
| Brooklands Fund Management Ltd | 143,911 | $5.35M | 2.86% | +143,911 | New |
| Advisor Group Holdings, Inc. | 160,835 | $5.44M | 0.01% | +33,183+26.0% | Added |
| Metis Global Partners, LLC | 161,213 | $5.46M | 0.13% | −16,129−9.1% | Reduced |
| Fiduciary Trust Co | 161,897 | $5.48M | 0.06% | −2,330−1.4% | Reduced |