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 |
|---|---|---|---|---|---|
| Factory Mutual Insurance Co | 747,803 | $25.3M | 0.26% | −25,200−3.3% | Reduced |
| State of Wisconsin Investment Board | 733,058 | $24.9M | 0.06% | +733,058 | New |
| Pictet Asset Management Holding SA | 706,332 | $24.0M | 0.02% | +21,392+3.1% | Added |
| Omers Administration Corp | 700,000 | $23.7M | 0.17% | +700,000 | New |
| Neuberger Berman Group LLC | 697,065 | $23.6M | 0.02% | +53,434+8.3% | Added |
| Northwest & Ethical Investments L.P. | 667,850 | $22.6M | 0.51% | −64,064−8.8% | Reduced |
| Ameriprise Financial Inc | 656,489 | $22.2M | 0.01% | +618,713+1,637.8% | Added |
| U.S. Capital Wealth Advisors, LLC | 647,637 | $21.9M | 0.57% | +4,031+0.6% | Added |
| Mudita Advisors LLP | 637,044 | $21.6M | 4.66% | 00.0% | Unchanged |
| Guardian Partners Inc. | 559,344 | $21.5M | 1.72% | +76,625+15.9% | Added |
| Rempart Asset Management Inc. | 629,690 | $21.3M | 4.03% | −2450.0% | Reduced |
| JTC Employer Solutions Trusteee Ltd | 615,035 | $20.9M | 1.42% | +611,035+15,275.9% | Added |
| Nomura Asset Management International Inc. | 593,864 | $20.1M | 0.03% | +593,864 | New |
| QV Investors Inc. | 576,725 | $19.6M | 1.60% | −45,142−7.3% | Reduced |
| Pacific Heights Asset Management LLC | 550,000 | $18.6M | 0.70% | +50,000+10.0% | Added |
| Verity & Verity, LLC | 540,570 | $18.3M | 1.42% | +29,406+5.8% | Added |
| Harvest Portfolios Group Inc. | 506,601 | $17.2M | 0.30% | +118,249+30.4% | Added |
| Harbor Advisors LLC | 499,800 | $16.9M | 2.54% | 00.0% | Unchanged |
| Hillsdale Investment Management Inc. | 488,289 | $16.6M | 0.46% | +51,555+11.8% | Added |
| Longfellow Investment Management Co LLC | 464,721 | $15.7M | 3.55% | −207,000−30.8% | Reduced |
| Exencial Wealth Advisors, LLC | 448,274 | $15.2M | 0.48% | −11,224−2.4% | Reduced |
| ExodusPoint Capital Management, LP | 447,083 | $15.1M | 0.17% | +447,083 | New |
| CI Private Wealth, LLC | 444,451 | $15.0M | 0.02% | −27,675−5.9% | Reduced |
| Dividend Assets Capital, LLC | 439,740 | $14.9M | 2.84% | +14,400+3.4% | Added |
| Nicola Wealth Management Ltd. | 432,900 | $14.7M | 1.33% | −143,000−24.8% | Reduced |
| Intech Investment Management LLC | 424,624 | $14.4M | 0.13% | −40,702−8.7% | Reduced |
| O'Shaughnessy Asset Management, LLC | 409,873 | $13.9M | 0.08% | −39,022−8.7% | Reduced |
| Crossmark Global Holdings, Inc. | 405,480 | $13.7M | 0.20% | −27,585−6.4% | Reduced |
| Waratah Capital Advisors Ltd. | 383,028 | $13.0M | 0.99% | −374,000−49.4% | Reduced |
| Capital International Sarl | 373,518 | $12.7M | 0.20% | +75,753+25.4% | Added |
| First Trust Advisors LP | 373,122 | $12.6M | 0.01% | +97,487+35.4% | Added |
| Two Sigma Advisers, LP | 371,258 | $12.6M | 0.02% | −1,342,700−78.3% | Reduced |
| Natixis Advisors, L.P. | 360,931 | $12.2M | 0.02% | −125,890−25.9% | Reduced |
| Investment Management Associates Inc | 358,299 | $12.1M | 3.39% | +23,047+6.9% | Added |
| Public Employees Retirement System of Ohio | 356,756 | $12.1M | 0.04% | −155,631−30.4% | Reduced |
| Janney Montgomery Scott LLC | 353,408 | $12.0M | 0.03% | +329,149+1,356.8% | Added |
| Investment Management Corp of Ontario | 352,189 | $11.9M | 0.16% | +178,491+102.8% | Added |
| Heathbridge Capital Management Ltd. | 338,100 | $11.5M | 4.38% | −4,200−1.2% | Reduced |
| Maryland State Retirement & Pension System | 337,164 | $11.4M | 0.24% | +4,400+1.3% | Added |
| Quantinno Capital Management LP | 334,046 | $11.3M | 0.02% | +39,730+13.5% | Added |
| LPL Financial LLC | 328,287 | $11.1M | 0.00% | +38,957+13.5% | Added |
| Robotti Robert | 326,475 | $11.1M | 1.99% | +283+0.1% | Added |
| Great West Life Assurance Co | 318,810 | $10.8M | 0.02% | −10,807−3.3% | Reduced |
| Lazard Asset Management LLC | 305,118 | $10.3M | 0.02% | +8,324+2.8% | Added |
| Twin Tree Management, LP | 299,388 | $10.1M | 1.04% | +276,401+1,202.4% | Added |
| Cerity Partners LLC | 296,146 | $10.0M | 0.01% | +9,053+3.2% | Added |
| Kestra Private Wealth Services, LLC | 269,948 | $9.14M | 0.11% | +47,098+21.1% | Added |
| Stifel Financial Corp | 269,607 | $9.13M | 0.01% | +43,723+19.4% | Added |
| Heronetta Management, L.P. | 193,600 | $9.00M | 5.20% | 00.0% | Unchanged |
| USS Investment Management Ltd | 263,477 | $8.92M | 0.04% | 00.0% | Unchanged |
| Cumberland Partners Ltd | 260,352 | $8.83M | 0.54% | +84,727+48.2% | Added |
| Guinness Asset Management LTD | 256,153 | $8.51M | 0.14% | +8,020+3.2% | Added |
| Point72 Asset Management, L.P. | 239,994 | $8.13M | 0.01% | +239,994 | New |
| Commonwealth Equity Services, LLC | 236,632 | $8.01M | 0.01% | +936+0.4% | Added |
| Mraz, Amerine & Associates, Inc. | 235,705 | $7.98M | 1.19% | +9,192+4.1% | Added |
| Creative Planning | 234,870 | $7.95M | 0.01% | +76,692+48.5% | Added |
| Utah Retirement Systems | 231,760 | $7.86M | 0.07% | 00.0% | Unchanged |
| Cardinal Point Capital Management, ULC | 228,221 | $7.74M | 0.51% | +8,890+4.1% | Added |
| Ninepoint Partners LP | 228,553 | $7.74M | 0.92% | +142,357+165.2% | Added |
| Epacria Capital Partners, LLC | 228,240 | $7.73M | 6.12% | +2,752+1.2% | Added |
| Alliancebernstein L.P. | 225,994 | $7.65M | 0.00% | −650.0% | Reduced |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 162,268 | $7.50M | 0.01% | +162,268 | New |
| HRT Financial LP | 219,345 | $7.42M | 0.02% | +43,039+24.4% | Added |
| Public Sector Pension Investment Board | 212,226 | $7.19M | 0.02% | 00.0% | Unchanged |
| Strategic Wealth Partners, Ltd. | 209,262 | $7.08M | 0.49% | +68,623+48.8% | Added |
| Lifetime Wealth Management P.C. | 191,631 | $6.49M | 4.07% | +191,631 | New |
| Peterson Wealth Services | 189,901 | $6.43M | 1.64% | +189,869+593,340.6% | Added |
| Mariner, LLC | 187,027 | $6.33M | 0.01% | −122,334−39.5% | Reduced |
| Pacifica Partners Inc. | 178,792 | $6.12M | 2.72% | +1,594+0.9% | Added |
| Hennessy Advisors Inc | 180,600 | $6.11M | 0.22% | −9,200−4.8% | Reduced |
| Moore Capital Management, LP | 175,000 | $5.92M | 0.12% | +175,000 | New |
| Sanctuary Advisors, LLC | 173,508 | $5.87M | 0.03% | −5,288−3.0% | Reduced |
| Cetera Investment Advisers | 169,179 | $5.73M | 0.01% | +31,634+23.0% | Added |
| Millennium Management LLC | 167,941 | $5.68M | 0.00% | −811,946−82.9% | Reduced |
| Cidel Asset Management Inc | 167,451 | $5.68M | 0.40% | +14,847+9.7% | Added |
| Qube Research & Technologies Ltd | 166,964 | $5.66M | 0.01% | −747,915−81.8% | Reduced |
| Fiduciary Trust Co | 161,897 | $5.48M | 0.06% | −2,330−1.4% | Reduced |
| Metis Global Partners, LLC | 161,213 | $5.46M | 0.13% | −16,129−9.1% | Reduced |
| Advisor Group Holdings, Inc. | 160,835 | $5.44M | 0.01% | +33,183+26.0% | Added |
| Brooklands Fund Management Ltd | 143,911 | $5.35M | 2.86% | +143,911 | New |
| Northwestern Mutual Wealth Management Co | 155,450 | $5.26M | 0.00% | +27,013+21.0% | Added |
| HighTower Advisors, LLC | 151,806 | $5.14M | 0.01% | +56,496+59.3% | Added |
| ARGA Investment Management, LP | 145,811 | $4.94M | 0.13% | +25,199+20.9% | Added |
| Azzad Asset Management Inc | 145,269 | $4.92M | 0.48% | +2,057+1.4% | Added |
| Swiss Life Asset Management Ltd | 143,485 | $4.86M | 0.02% | −1,216−0.8% | Reduced |
| Eagle Global Advisors LLC | 142,600 | $4.83M | 0.18% | 00.0% | Unchanged |
| Greenline Partners, LLC | 142,344 | $4.82M | 0.55% | −1,223−0.9% | Reduced |
| Meixler Investment Management, Ltd. | 141,124 | $4.78M | 2.90% | −50,404−26.3% | Reduced |
| Baird Financial Group, Inc. | 139,401 | $4.72M | 0.01% | +2,891+2.1% | Added |
| Manning & Napier Advisors LLC | 136,840 | $4.64M | 0.06% | −2,770−2.0% | Reduced |
| PDT Partners, LLC | 136,031 | $4.60M | 0.30% | −96,674−41.5% | Reduced |
| Louisbourg Investments Inc. | 132,837 | $4.51M | 0.90% | −45,260−25.4% | Reduced |
| Graybill Bartz & Assoc Ltd | 124,230 | $4.21M | 1.24% | +693+0.6% | Added |
| Pathstone Holdings, LLC | 123,547 | $4.18M | 0.02% | +14,918+13.7% | Added |
| PCJ Investment Counsel Ltd. | 119,800 | $4.06M | 1.00% | +3,990+3.4% | Added |
| Stokes Capital Advisors, LLC | 119,481 | $4.04M | 0.92% | −67,572−36.1% | Reduced |
| Burkett Asset Management Ltd | 118,568 | $4.02M | 4.06% | +118,568 | New |
| Voya Investment Management LLC | 117,874 | $4.00M | 0.00% | +57,604+95.6% | Added |
| Hohimer Wealth Management, LLC | 117,843 | $3.99M | 0.54% | +360.0% | Added |
| Life Cycle Investment Partners Ltd | 84,874 | $3.95M | 0.03% | +84,874 | New |