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 |
|---|---|---|---|---|---|
| Lorne Steinberg Wealth Management Inc. | 113,406 | $3.85M | 0.88% | +3,174+2.9% | Added |
| Buttonwood Financial Advisors Inc. | 112,834 | $3.82M | 1.27% | −1,319−1.2% | Reduced |
| K.J. Harrison & Partners Inc | 112,415 | $3.81M | 0.51% | −49,250−30.5% | Reduced |
| Capital International Ltd | 110,226 | $3.73M | 0.13% | +28,237+34.4% | Added |
| Brinker Capital Investments, LLC | 108,301 | $3.67M | 0.03% | +8,927+9.0% | Added |
| TriaGen Wealth Management LLC | 106,838 | $3.62M | 0.94% | +106,838 | New |
| M&T Bank Corp | 107,157 | $3.58M | 0.01% | −9,904−8.5% | Reduced |
| Mediolanum International Funds Ltd | 103,409 | $3.51M | 0.04% | −54,437−34.5% | Reduced |
| Gulf International Bank (UK) Ltd | 101,594 | $3.44M | 0.11% | 00.0% | Unchanged |
| Cypress Capital Group | 97,342 | $3.30M | 0.37% | −280.0% | Reduced |
| Gold Investment Management Ltd. | 96,896 | $3.28M | 1.05% | +1,795+1.9% | Added |
| Bessemer Group Inc | 96,494 | $3.27M | 0.01% | −7,721−7.4% | Reduced |
| Polar Asset Management Partners Inc. | 95,000 | $3.22M | 0.06% | +95,000 | New |
| JCIC Asset Management Inc. | 94,837 | $3.21M | 0.98% | −1,585−1.6% | Reduced |
| Peak Financial Advisors LLC | 93,550 | $3.17M | 1.42% | −1,422−1.5% | Reduced |
| Voleon Capital Management LP | 93,470 | $3.16M | 0.07% | +19,918+27.1% | Added |
| Kornitzer Capital Management Inc | 91,670 | $3.10M | 0.06% | +2,275+2.5% | Added |
| Ensign Peak Advisors, Inc | 91,200 | $3.09M | 0.01% | 00.0% | Unchanged |
| Vestmark Advisory Solutions, Inc. | 91,053 | $3.08M | 0.04% | +91,053 | New |
| SEI Investments Co | 90,195 | $3.05M | 0.00% | +12,334+15.8% | Added |
| Jane Street Group, LLC | 87,186 | $2.95M | 0.00% | −1,330,340−93.8% | Reduced |
| BTG Pactual Asset Management US LLC | 86,373 | $2.92M | 0.32% | +86,373 | New |
| Dakota Wealth Management | 85,458 | $2.89M | 0.05% | +1,571+1.9% | Added |
| American Trust | 84,986 | $2.88M | 0.24% | +169+0.2% | Added |
| GWM Advisors LLC | 81,351 | $2.75M | 0.01% | +5,095+6.7% | Added |
| Susquehanna Advisors Group, Inc. | 80,400 | $2.72M | 0.09% | +80,400 | New |
| Merrion Investment Management Co, LLC | 78,800 | $2.70M | 1.45% | 00.0% | Unchanged |
| US Bancorp | 78,507 | $2.66M | 0.00% | −861−1.1% | Reduced |
| Bleakley Financial Group, LLC | 78,161 | $2.65M | 0.05% | +29,249+59.8% | Added |
| Aviva PLC | 76,730 | $2.60M | 0.00% | −1,539−2.0% | Reduced |
| Solstein Capital, LLC | 74,660 | $2.53M | 1.01% | +18,896+33.9% | Added |
| MGB Wealth Management, LLC | 74,337 | $2.52M | 0.72% | −721−1.0% | Reduced |
| The PNC Financial Services Group, Inc. | 74,266 | $2.51M | 0.00% | −3,775−4.8% | Reduced |
| Obermeyer Wood Investment Counsel, LLLP | 73,225 | $2.48M | 0.11% | −978−1.3% | Reduced |
| Carnegie Capital Asset Management, LLC | 69,398 | $2.35M | 0.04% | −2,890−4.0% | Reduced |
| Kestra Advisory Services, LLC | 69,001 | $2.34M | 0.01% | +3,822+5.9% | Added |
| Farrow Financial Inc. | 68,860 | $2.33M | 1.34% | +68,860 | New |
| Ashton Thomas Private Wealth, LLC | 67,894 | $2.32M | 0.06% | +20,288+42.6% | Added |
| JustInvest LLC | 68,031 | $2.30M | 0.02% | +2,841+4.4% | Added |
| Van Eck Associates Corp | 67,277 | $2.28M | 0.00% | +29,181+76.6% | 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 |
| Snowden Capital Advisors LLC | 65,738 | $2.25M | 0.06% | +6,128+10.3% | Added |
| Woodbridge Co Ltd | 66,000 | $2.23M | 0.01% | 00.0% | Unchanged |
| Timelo Investment Management Inc. | 65,000 | $2.20M | 2.33% | +45,000+225.0% | Added |
| Forum Financial Management, LP | 64,965 | $2.20M | 0.03% | −39−0.1% | Reduced |
| MML Investors Services, LLC | 64,759 | $2.19M | 0.01% | +3,770+6.2% | Added |
| Ieq Capital, LLC | 64,671 | $2.19M | 0.01% | +11,413+21.4% | Added |
| Roundview Capital LLC | 64,348 | $2.18M | 0.13% | −1,001−1.5% | Reduced |
| Verdence Capital Advisors LLC | 64,305 | $2.18M | 0.13% | −76−0.1% | Reduced |
| Immersion Capital LLP | 61,874 | $2.09M | 3.03% | −24,000−27.9% | Reduced |
| RD Lewis Holdings, Inc. | 55,551 | $2.08M | 1.78% | +1,082+2.0% | Added |
| Bowen Hanes & Co Inc | 60,800 | $2.06M | 0.05% | −54,750−47.4% | Reduced |
| Vise Technologies, Inc. | 59,789 | $2.02M | 0.04% | +15,898+36.2% | Added |
| Rockingstone Advisors LLC | 59,415 | $2.01M | 0.92% | +6,400+12.1% | Added |
| Recurrent Investment Advisors LLC | 59,242 | $2.01M | 0.15% | 00.0% | Unchanged |
| PKO Investment Management Joint-Stock Co | 57,700 | $1.96M | 0.16% | −5,700−9.0% | Reduced |
| UniSuper Management Pty Ltd | 40,700 | $1.89M | 0.01% | +4,800+13.4% | Added |
| Quadrant Capital Group LLC | 55,442 | $1.88M | 0.06% | −102−0.2% | Reduced |
| Equitable Trust Co | 55,280 | $1.87M | 0.08% | −262−0.5% | Reduced |
| Wiley Bros.-Aintree Capital, LLC | 54,941 | $1.86M | 0.01% | +24,631+81.3% | Added |
| SWP Investment Management LLC | 53,229 | $1.80M | 1.31% | +21,389+67.2% | Added |
| Adams Natural Resources Fund, Inc. | 51,200 | $1.73M | 0.26% | −45,800−47.2% | Reduced |
| Aventail Capital Group, LP | 51,178 | $1.73M | 0.10% | −50,058−49.4% | Reduced |
| Spears Abacus Advisors LLC | 50,634 | $1.71M | 0.03% | −1,000−1.9% | Reduced |
| Oppenheimer & Co Inc | 50,016 | $1.69M | 0.02% | −1,231−2.4% | Reduced |
| Captrust Financial Advisors | 49,685 | $1.68M | 0.00% | +8,637+21.0% | Added |
| Johnson Investment Counsel Inc | 49,225 | $1.67M | 0.01% | −625−1.3% | Reduced |
| Truist Financial Corp | 48,950 | $1.66M | 0.00% | −5,102−9.4% | Reduced |
| CIBC Private Wealth Group, LLC | 48,883 | $1.66M | 0.00% | −1,369−2.7% | Reduced |
| Oakmont Investment Advisors, Inc. | 48,840 | $1.65M | 1.21% | +48,840 | New |
| Value Partners Investments Inc. | 48,333 | $1.64M | 0.13% | +990+2.1% | Added |
| Signaturefd, LLC | 46,572 | $1.58M | 0.02% | +2,754+6.3% | Added |
| Wahed Invest LLC | 45,592 | $1.55M | 0.20% | +7,731+20.4% | Added |
| Park Avenue Securities LLC | 44,847 | $1.52M | 0.01% | +135+0.3% | Added |
| Cambridge Investment Research Advisors, Inc. | 44,751 | $1.51M | 0.00% | +21,334+91.1% | Added |
| Lee Financial Co | 43,940 | $1.49M | 0.20% | −5,509−11.1% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 47,126 | $1.49M | 0.00% | +7,818+19.9% | Added |
| Assenagon Asset Management S.A. | 43,770 | $1.48M | 0.00% | −160.0% | Reduced |
| Ted Buchan & Co | 43,814 | $1.48M | 0.54% | +260+0.6% | Added |
| Investors Research Corp | 43,725 | $1.48M | 0.27% | −825−1.9% | Reduced |
| CoreCommodity Management, LLC | 42,174 | $1.43M | 0.30% | +29,194+224.9% | Added |
| Numerai GP LLC | 41,700 | $1.41M | 0.17% | −35,464−46.0% | Reduced |
| Advisors Asset Management, Inc. | 41,445 | $1.40M | 0.02% | −5,756−12.2% | Reduced |
| PCM Encore, LLC | 41,313 | $1.40M | 0.30% | +41,313 | New |
| Callan Family Office, LLC | 41,210 | $1.39M | 0.03% | +41,210 | New |
| Laird Norton Trust Company, LLC | 40,478 | $1.39M | 0.03% | +40,478 | New |
| Leo Wealth, LLC | 40,661 | $1.38M | 0.10% | +3,112+8.3% | Added |
| Steadtrust LLC | 39,980 | $1.35M | 0.83% | +1,600+4.2% | Added |
| Ewing Morris & Co. Investment Partners Ltd. | 37,951 | $1.32M | 0.58% | 00.0% | Unchanged |
| Sequoia Financial Advisors, LLC | 38,729 | $1.31M | 0.01% | +1,185+3.2% | Added |
| SCP Investment, LP | 38,400 | $1.30M | 1.06% | +2,600+7.3% | Added |
| Novem Group | 37,532 | $1.27M | 0.15% | +37,532 | New |
| Cigna Investments Inc | 37,359 | $1.27M | 0.18% | −578−1.5% | Reduced |
| Glenmede Trust Co NA | 37,387 | $1.27M | 0.01% | +37,387 | New |
| Wexford Capital LP | 37,280 | $1.26M | 0.32% | 00.0% | Unchanged |
| Salem Investment Counselors Inc | 36,800 | $1.26M | 0.04% | −600−1.6% | Reduced |
| Journey Advisory Group, LLC | 36,753 | $1.24M | 0.10% | +17,605+91.9% | Added |
| Hara Capital LLC | 35,559 | $1.22M | 0.68% | −900−2.5% | Reduced |
| Mainstay Capital Management LLC | 35,681 | $1.21M | 0.09% | −2,899−7.5% | Reduced |