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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, Q1 2026

Institutional positions in Canadian Natural Resources Ltd as of Mar 31, 2026. 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
745
+78 vs. Q4 2025
Shares held
1.57B
+211.9M (+15.5%) vs. Q4 2025
Total value
$77.1B
+$30.7B (+66.2%) vs. Q4 2025
New holders
143
266 more added
Sold out
65
222 more reduced

9 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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.

Institutional holdersQ1 2026: 745 institutions
Q1 2021: 346 institutionsQ2 2021: 367 institutionsQ3 2021: 384 institutionsQ4 2021: 422 institutionsQ1 2022: 446 institutionsQ2 2022: 459 institutionsQ3 2022: 453 institutionsQ4 2022: 501 institutionsQ1 2023: 508 institutionsQ2 2023: 503 institutionsQ3 2023: 535 institutionsQ4 2023: 564 institutionsQ1 2024: 600 institutionsQ2 2024: 614 institutionsQ3 2024: 622 institutionsQ4 2024: 627 institutionsQ1 2025: 624 institutionsQ2 2025: 621 institutionsQ3 2025: 636 institutionsQ4 2025: 676 institutionsQ1 2026: 745 institutionsQ2 2026: 749 institutions
Value heldQ1 2026: $77.1B
Q1 2021: $25.1BQ2 2021: $29.2BQ3 2021: $29.7BQ4 2021: $34.2BQ1 2022: $51.2BQ2 2022: $44.1BQ3 2022: $37.2BQ4 2022: $45.5BQ1 2023: $45.5BQ2 2023: $46.0BQ3 2023: $52.8BQ4 2023: $52.4BQ1 2024: $61.7BQ2 2024: $55.6BQ3 2024: $50.4BQ4 2024: $45.2BQ1 2025: $47.4BQ2 2025: $46.7BQ3 2025: $46.9BQ4 2025: $49.6BQ1 2026: $77.1BQ2 2026: $59.8B
Institutions holding CNQ and their total value by quarter
QuarterHoldersValue
Q2 2026749$59.8B
Q1 2026745$77.1B
Q4 2025676$49.6B
Q3 2025636$46.9B
Q2 2025621$46.7B
Q1 2025624$47.4B
Q4 2024627$45.2B
Q3 2024622$50.4B
Q2 2024614$55.6B
Q1 2024600$61.7B
Q4 2023564$52.4B
Q3 2023535$52.8B
Q2 2023503$46.0B
Q1 2023508$45.5B
Q4 2022501$45.5B
Q3 2022453$37.2B
Q2 2022459$44.1B
Q1 2022446$51.2B
Q4 2021422$34.2B
Q3 2021384$29.7B
Q2 2021367$29.2B
Q1 2021346$25.1B

Institutions, Q1 2026

Shares, value and share of portfolio for each institution holding Canadian Natural Resources Ltd; share changes are against Q4 2025.

Institutions holding CNQ in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Capital World Investors197,679,763$9.64B1.32%−2,140,838−1.1%Reduced
Capital Research Global Investors164,432,659$8.02B1.24%+18,101,323+12.4%Added
Royal Bank of Canada124,812,950$6.08B1.15%+12,030,750+10.7%Added
FMR LLC85,203,825$4.16B0.22%−6,019,313−6.6%Reduced
Bank of Montreal63,903,165$3.12B1.32%−5,587,587−8.0%Reduced
Vanguard Capital Management LLC58,034,095$2.83B0.07%+58,034,095New
Fisher Asset Management, LLC45,024,405$2.19B0.74%+2,278,424+5.3%Added
CIBC World Markets Inc.44,886,474$2.19B3.85%+739,874+1.7%Added
Canada Pension Plan Investment Board40,281,315$1.97B1.27%−741,909−1.8%Reduced
TD Asset Management Inc39,940,897$1.94B1.58%+1,995,171+5.3%Added
Healthcare of Ontario Pension Plan Trust Fund37,457,500$1.83B3.02%+3,397,500+10.0%Added
Toronto Dominion Bank33,159,478$1.62B3.12%+14,643,823+79.1%Added
Arrowstreet Capital, Limited Partnership28,956,345$1.41B0.76%+28,956,345New
1832 Asset Management L.P.27,936,558$1.36B1.80%−3,545,621−11.3%Reduced
Mackenzie Financial Corp27,430,542$1.34B1.61%−3,496,798−11.3%Reduced
Manufacturers Life Insurance Company, The26,746,244$1.30B1.12%−2,153,566−7.5%Reduced
Goldman Sachs Group Inc26,158,715$1.27B0.17%+22,331,193+583.4%Added
Price T Rowe Associates Inc23,006,826$1.12B0.13%+16,256,620+240.8%Added
Geode Capital Management, LLC21,326,029$1.06B0.07%+807,408+3.9%Added
Vanguard Fiduciary Trust Co17,975,656$876.9M0.22%+17,975,656New
GQG Partners LLC17,555,471$853.7M1.35%+17,555,471New
Yacktman Asset Management LP16,541,598$806.1M10.75%−2,233,822−11.9%Reduced
JPMorgan Chase & Co16,080,173$793.9M0.05%+1,771,634+12.4%Added
CIBC Asset Management Inc15,698,709$766.4M1.87%−1,305,122−7.7%Reduced
TD Waterhouse Canada Inc.16,147,338$739.5M2.19%+9,388,893+138.9%Added
Vanguard Global Advisers, LLC14,519,724$708.3M0.38%+14,519,724New
T. Rowe Price Investment Management, Inc.12,236,328$596.3M0.41%−21,942,417−64.2%Reduced
National Bank of Canada12,004,421$579.6M0.59%−6,562,364−35.3%Reduced
FIL Ltd11,751,875$573.3M0.45%+1,151,016+10.9%Added
Morgan Stanley10,192,029$496.7M0.03%−754,505−6.9%Reduced
Scotia Capital Inc.9,481,269$460.0M1.89%+428,463+4.7%Added
Dimensional Fund Advisors LP9,410,323$458.6M0.10%−145,144−1.5%Reduced
Capital International Investors9,111,146$444.5M0.10%+7,501,283+466.0%Added
Alberta Investment Management Corp8,876,883$433.1M2.67%+6,851,383+338.3%Added
Wellington Management Group LLP8,374,795$408.0M0.08%−1,176,212−12.3%Reduced
Franklin Resources Inc8,000,836$390.3M0.10%+1,786,272+28.7%Added
Amundi7,994,427$389.6M0.11%+217,437+2.8%Added
British Columbia Investment Management Corp7,805,579$380.8M2.25%+6,156,601+373.4%Added
Legal & General Group Plc7,346,630$357.2M0.08%−286,026−3.7%Reduced
Charles Schwab Investment Management Inc7,289,181$354.4M0.05%+306,786+4.4%Added
Swiss National Bank7,011,862$341.5M0.20%+1,475,500+26.7%Added
Clearbridge Investments, LLC2,303,885$329.9M0.29%−241,386−9.5%Reduced
Connor, Clark & Lunn Investment Management Ltd.6,717,486$327.7M0.75%+696,013+11.6%Added
Bank of Nova Scotia6,565,392$320.2M0.56%+2,184,892+49.9%Added
Egerton Capital (UK) LLP5,690,211$277.1M3.07%+5,690,211New
Bank of America Corp5,625,767$274.1M0.02%−1,224,109−17.9%Reduced
Boston Partners5,422,643$263.9M0.28%−288,086−5.0%Reduced
Picton Mahoney Asset Management5,381,403$262.5M2.74%+714,806+15.3%Added
WCM Investment Management, LLC5,122,209$252.9M0.58%+938,210+22.4%Added
AQR Capital Management LLC4,708,442$229.7M0.11%+1,027,707+27.9%Added
Agf Management Ltd4,453,036$229.3M1.03%−426,332−8.7%Reduced
Blue Sparrow, LLC4,620,000$225.1M3.85%+4,620,000New
Invesco Ltd.4,456,556$217.2M0.02%−920,629−17.1%Reduced
Fiera Capital Corp4,437,467$216.1M0.74%+3,143,722+243.0%Added
Janus Henderson Group PLC4,301,460$209.5M0.10%−3,194,318−42.6%Reduced
Beutel, Goodman & Co Ltd.4,011,532$195.1M1.32%−2,423,319−37.7%Reduced
Deutsche Bank AG3,868,748$188.5M0.06%+1,755,677+83.1%Added
Vanguard Asset Management, Ltd3,848,287$187.7M0.16%+3,848,287New
Guardian Capital LP3,453,521$167.9M4.44%+143,430+4.3%Added
Canoe Financial LP3,433,507$167.4M2.28%−2,155,438−38.6%Reduced
UBS Group AG3,397,515$165.6M0.03%+509,709+17.7%Added
Massachusetts Financial Services Co2,379,868$161.5M0.05%−9,236,479−79.5%Reduced
Northern Trust Corp3,308,188$161.2M0.02%+68,734+2.1%Added
MUFG Securities (Canada), Ltd.3,087,764$150.4M4.32%−84,191−2.7%Reduced
Federation des caisses Desjardins du Quebec2,866,478$138.7M0.50%−597,060−17.2%Reduced
Goehring & Rozencwajg Associates, LLC2,827,853$137.9M7.41%+925,440+48.6%Added
Aviso Financial Inc.2,678,995$130.6M4.64%+25,556+1.0%Added
Addenda Capital Inc.1,812,408$124.1M3.49%−100,770−5.3%Reduced
BlackRock, Inc.2,352,366$114.6M0.00%+378,509+19.2%Added
Purpose Unlimited Inc.2,336,691$114.0M4.71%+162,927+7.5%Added
Ingalls & Snyder LLC2,337,534$113.9M4.04%−63,806−2.7%Reduced
Nuveen, LLC2,212,643$107.6M0.03%+1,741+0.1%Added
Jane Street Group, LLC2,116,751$103.1M0.11%+2,029,565+2,327.9%Added
Bank of New York Mellon Corp2,115,044$103.1M0.02%−1,112,185−34.5%Reduced
State of Tennessee, Treasury Department1,844,681$89.7M0.30%+73,666+4.2%Added
Dixon Mitchell Investment Counsel Inc.1,702,696$83.6M2.91%−423,341−19.9%Reduced
BCV Asset Management Inc.1,689,724$82.2M2.83%−800,954−32.2%Reduced
Marathon Asset Mgmt Ltd1,595,650$78.3M3.00%−4,498−0.3%Reduced
Envestnet Asset Management Inc1,595,438$77.7M0.02%+108,507+7.3%Added
Raymond James Financial Inc1,529,093$74.5M0.02%+29,978+2.0%Added
American Century Companies Inc1,502,306$73.3M0.04%+243,372+19.3%Added
DekaBank Deutsche Girozentrale1,427,745$71.7M0.12%00.0%Unchanged
Miller Howard Investments Inc1,440,125$70.2M1.92%+56,091+4.1%Added
Wells Fargo & Company1,434,223$69.8M0.01%+75,456+5.6%Added
Russell Investments Group, Ltd.1,427,003$69.5M0.07%−189,691−11.7%Reduced
Principal Financial Group Inc1,415,917$68.9M0.04%−210,265−12.9%Reduced
Korea Investment CORP1,304,188$63.4M0.13%+517,396+65.8%Added
Ninety One UK Ltd1,194,306$58.1M0.13%+1,194,306New
First Manhattan Co1,158,981$57.0M0.16%−242,622−17.3%Reduced
Delaney Capital Management Ltd.1,151,256$56.0M9.00%+18,192+1.6%Added
NewEdge Wealth, LLC1,134,241$55.3M0.66%+68,421+6.4%Added
GW&K Investment Management, LLC1,118,706$54.5M0.48%−190,800−14.6%Reduced
Public Employees Retirement System of Ohio1,011,022$49.2M0.16%+654,266+183.4%Added
Baskin Financial Services Inc.979,213$47.8M3.91%−47,638−4.6%Reduced
Vanguard Investments Australia, Ltd.970,101$47.3M0.14%+970,101New
Bank of Nova Scotia Trust Co970,403$47.3M4.06%+84,999+9.6%Added
Zurcher Kantonalbank (Zurich Cantonalbank)956,471$46.5M0.10%+43,877+4.8%Added
Capital International Inc938,452$45.7M0.35%−11,652−1.2%Reduced
Turas Capital Management LP913,300$44.5M11.37%+913,300New
Northwestern Mutual Wealth Management Co910,288$44.4M0.03%+754,838+485.6%Added