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 |
|---|---|---|---|---|---|
| Qube Research & Technologies Ltd | 166,964 | $5.66M | 0.01% | −747,915−81.8% | Reduced |
| Cidel Asset Management Inc | 167,451 | $5.68M | 0.40% | +14,847+9.7% | Added |
| Millennium Management LLC | 167,941 | $5.68M | 0.00% | −811,946−82.9% | Reduced |
| Cetera Investment Advisers | 169,179 | $5.73M | 0.01% | +31,634+23.0% | Added |
| Sanctuary Advisors, LLC | 173,508 | $5.87M | 0.03% | −5,288−3.0% | Reduced |
| Moore Capital Management, LP | 175,000 | $5.92M | 0.12% | +175,000 | New |
| Hennessy Advisors Inc | 180,600 | $6.11M | 0.22% | −9,200−4.8% | Reduced |
| Pacifica Partners Inc. | 178,792 | $6.12M | 2.72% | +1,594+0.9% | Added |
| Mariner, LLC | 187,027 | $6.33M | 0.01% | −122,334−39.5% | Reduced |
| Peterson Wealth Services | 189,901 | $6.43M | 1.64% | +189,869+593,340.6% | Added |
| Lifetime Wealth Management P.C. | 191,631 | $6.49M | 4.07% | +191,631 | New |
| Strategic Wealth Partners, Ltd. | 209,262 | $7.08M | 0.49% | +68,623+48.8% | Added |
| Public Sector Pension Investment Board | 212,226 | $7.19M | 0.02% | 00.0% | Unchanged |
| HRT Financial LP | 219,345 | $7.42M | 0.02% | +43,039+24.4% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 162,268 | $7.50M | 0.01% | +162,268 | New |
| Alliancebernstein L.P. | 225,994 | $7.65M | 0.00% | −650.0% | Reduced |
| Epacria Capital Partners, LLC | 228,240 | $7.73M | 6.12% | +2,752+1.2% | Added |
| Ninepoint Partners LP | 228,553 | $7.74M | 0.92% | +142,357+165.2% | Added |
| Cardinal Point Capital Management, ULC | 228,221 | $7.74M | 0.51% | +8,890+4.1% | Added |
| Utah Retirement Systems | 231,760 | $7.86M | 0.07% | 00.0% | Unchanged |
| Creative Planning | 234,870 | $7.95M | 0.01% | +76,692+48.5% | Added |
| Mraz, Amerine & Associates, Inc. | 235,705 | $7.98M | 1.19% | +9,192+4.1% | Added |
| Commonwealth Equity Services, LLC | 236,632 | $8.01M | 0.01% | +936+0.4% | Added |
| Point72 Asset Management, L.P. | 239,994 | $8.13M | 0.01% | +239,994 | New |
| Guinness Asset Management LTD | 256,153 | $8.51M | 0.14% | +8,020+3.2% | Added |
| Cumberland Partners Ltd | 260,352 | $8.83M | 0.54% | +84,727+48.2% | Added |
| USS Investment Management Ltd | 263,477 | $8.92M | 0.04% | 00.0% | Unchanged |
| Heronetta Management, L.P. | 193,600 | $9.00M | 5.20% | 00.0% | Unchanged |
| Stifel Financial Corp | 269,607 | $9.13M | 0.01% | +43,723+19.4% | Added |
| Kestra Private Wealth Services, LLC | 269,948 | $9.14M | 0.11% | +47,098+21.1% | Added |
| Cerity Partners LLC | 296,146 | $10.0M | 0.01% | +9,053+3.2% | Added |
| Twin Tree Management, LP | 299,388 | $10.1M | 1.04% | +276,401+1,202.4% | Added |
| Lazard Asset Management LLC | 305,118 | $10.3M | 0.02% | +8,324+2.8% | Added |
| Great West Life Assurance Co | 318,810 | $10.8M | 0.02% | −10,807−3.3% | Reduced |
| Robotti Robert | 326,475 | $11.1M | 1.99% | +283+0.1% | Added |
| LPL Financial LLC | 328,287 | $11.1M | 0.00% | +38,957+13.5% | Added |
| Quantinno Capital Management LP | 334,046 | $11.3M | 0.02% | +39,730+13.5% | Added |
| Maryland State Retirement & Pension System | 337,164 | $11.4M | 0.24% | +4,400+1.3% | Added |
| Heathbridge Capital Management Ltd. | 338,100 | $11.5M | 4.38% | −4,200−1.2% | Reduced |
| Investment Management Corp of Ontario | 352,189 | $11.9M | 0.16% | +178,491+102.8% | Added |
| Janney Montgomery Scott LLC | 353,408 | $12.0M | 0.03% | +329,149+1,356.8% | Added |
| Public Employees Retirement System of Ohio | 356,756 | $12.1M | 0.04% | −155,631−30.4% | Reduced |
| Investment Management Associates Inc | 358,299 | $12.1M | 3.39% | +23,047+6.9% | Added |
| Natixis Advisors, L.P. | 360,931 | $12.2M | 0.02% | −125,890−25.9% | Reduced |
| Two Sigma Advisers, LP | 371,258 | $12.6M | 0.02% | −1,342,700−78.3% | Reduced |
| First Trust Advisors LP | 373,122 | $12.6M | 0.01% | +97,487+35.4% | Added |
| Capital International Sarl | 373,518 | $12.7M | 0.20% | +75,753+25.4% | Added |
| Waratah Capital Advisors Ltd. | 383,028 | $13.0M | 0.99% | −374,000−49.4% | Reduced |
| Crossmark Global Holdings, Inc. | 405,480 | $13.7M | 0.20% | −27,585−6.4% | Reduced |
| O'Shaughnessy Asset Management, LLC | 409,873 | $13.9M | 0.08% | −39,022−8.7% | Reduced |
| Intech Investment Management LLC | 424,624 | $14.4M | 0.13% | −40,702−8.7% | Reduced |
| Nicola Wealth Management Ltd. | 432,900 | $14.7M | 1.33% | −143,000−24.8% | Reduced |
| Dividend Assets Capital, LLC | 439,740 | $14.9M | 2.84% | +14,400+3.4% | Added |
| CI Private Wealth, LLC | 444,451 | $15.0M | 0.02% | −27,675−5.9% | Reduced |
| ExodusPoint Capital Management, LP | 447,083 | $15.1M | 0.17% | +447,083 | New |
| Exencial Wealth Advisors, LLC | 448,274 | $15.2M | 0.48% | −11,224−2.4% | Reduced |
| Longfellow Investment Management Co LLC | 464,721 | $15.7M | 3.55% | −207,000−30.8% | Reduced |
| Hillsdale Investment Management Inc. | 488,289 | $16.6M | 0.46% | +51,555+11.8% | Added |
| Harbor Advisors LLC | 499,800 | $16.9M | 2.54% | 00.0% | Unchanged |
| Harvest Portfolios Group Inc. | 506,601 | $17.2M | 0.30% | +118,249+30.4% | Added |
| Verity & Verity, LLC | 540,570 | $18.3M | 1.42% | +29,406+5.8% | Added |
| Pacific Heights Asset Management LLC | 550,000 | $18.6M | 0.70% | +50,000+10.0% | Added |
| QV Investors Inc. | 576,725 | $19.6M | 1.60% | −45,142−7.3% | Reduced |
| Nomura Asset Management International Inc. | 593,864 | $20.1M | 0.03% | +593,864 | New |
| JTC Employer Solutions Trusteee Ltd | 615,035 | $20.9M | 1.42% | +611,035+15,275.9% | Added |
| Rempart Asset Management Inc. | 629,690 | $21.3M | 4.03% | −2450.0% | Reduced |
| Guardian Partners Inc. | 559,344 | $21.5M | 1.72% | +76,625+15.9% | Added |
| Mudita Advisors LLP | 637,044 | $21.6M | 4.66% | 00.0% | Unchanged |
| U.S. Capital Wealth Advisors, LLC | 647,637 | $21.9M | 0.57% | +4,031+0.6% | Added |
| Ameriprise Financial Inc | 656,489 | $22.2M | 0.01% | +618,713+1,637.8% | Added |
| Northwest & Ethical Investments L.P. | 667,850 | $22.6M | 0.51% | −64,064−8.8% | Reduced |
| Neuberger Berman Group LLC | 697,065 | $23.6M | 0.02% | +53,434+8.3% | Added |
| Omers Administration Corp | 700,000 | $23.7M | 0.17% | +700,000 | New |
| Pictet Asset Management Holding SA | 706,332 | $24.0M | 0.02% | +21,392+3.1% | Added |
| State of Wisconsin Investment Board | 733,058 | $24.9M | 0.06% | +733,058 | New |
| Factory Mutual Insurance Co | 747,803 | $25.3M | 0.26% | −25,200−3.3% | Reduced |
| Old West Investment Management, LLC | 768,396 | $26.0M | 4.64% | +259,805+51.1% | Added |
| Korea Investment CORP | 786,792 | $26.7M | 0.05% | −60,400−7.1% | Reduced |
| Scheer, Rowlett & Associates Investment Management Ltd. | 791,781 | $26.8M | 1.84% | −164,336−17.2% | Reduced |
| Citigroup Inc | 793,182 | $26.9M | 0.02% | −775,470−49.4% | Reduced |
| Royal London Asset Management Ltd | 871,384 | $29.5M | 0.06% | +7,855+0.9% | Added |
| Bank of Nova Scotia Trust Co | 885,404 | $30.0M | 2.61% | +95,467+12.1% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 912,594 | $31.0M | 0.07% | −65,788−6.7% | Reduced |
| Lincluden Management Ltd | 673,512 | $31.3M | 2.66% | −26,570−3.8% | Reduced |
| Intact Investment Management Inc. | 925,590 | $31.3M | 0.90% | −792,630−46.1% | Reduced |
| Capital International Inc | 950,104 | $32.2M | 0.25% | +18,259+2.0% | Added |
| Baskin Financial Services Inc. | 1,026,851 | $34.8M | 2.62% | −3,003−0.3% | Reduced |
| SIG North Trading, ULC | 1,059,826 | $35.9M | 6.28% | −271,909−20.4% | Reduced |
| NewEdge Wealth, LLC | 1,065,820 | $36.1M | 0.41% | +23,161+2.2% | Added |
| Delaney Capital Management Ltd. | 1,133,064 | $38.4M | 6.37% | +1,133,064 | New |
| American Century Companies Inc | 1,258,934 | $42.6M | 0.02% | +161,461+14.7% | Added |
| Fiera Capital Corp | 1,293,745 | $43.8M | 0.14% | −175,963−12.0% | Reduced |
| GW&K Investment Management, LLC | 1,309,506 | $44.3M | 0.38% | −7,122−0.5% | Reduced |
| Citadel Advisors LLC | 1,354,448 | $45.8M | 0.03% | +678,013+100.2% | Added |
| Wells Fargo & Company | 1,358,767 | $46.1M | 0.01% | +119,278+9.6% | Added |
| Miller Howard Investments Inc | 1,384,034 | $46.8M | 1.41% | −48,788−3.4% | Reduced |
| First Manhattan Co | 1,401,603 | $48.0M | 0.13% | −48,221−3.3% | Reduced |
| Envestnet Asset Management Inc | 1,486,931 | $50.3M | 0.01% | −129,288−8.0% | Reduced |
| Raymond James Financial Inc | 1,499,115 | $50.7M | 0.02% | +58,974+4.1% | Added |
| Two Sigma Investments, LP | 1,537,075 | $52.0M | 0.08% | −1,816,945−54.2% | Reduced |