Canadian Natl RailwayCNI
13F holders, Q2 2026 (June 30)At the end of Q2 2026, 848 institutions reported holding Canadian Natl Railway Co. (CNI) in their 13F filings, up 19 from Q1 2026. 80 opened new positions and 58 sold out. The largest holders were Gates Foundation Trust ($6.2B), Royal Bank of Canada ($3.7B) and FIL Ltd ($2.3B). 12 famous investors held it, including Bill Gates / Michael Larson (18.0% of Gates Foundation Trust's portfolio), Chris Hohn (2.1% of TCI Fund Management's portfolio) and Prem Watsa (0.1% of Fairfax Financial Holdings's portfolio).
- Company
- Canadian Natl Railway Co.
- CUSIP
- 136375102
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q1 2026 → Q2 2026
| Institutions | Total Value | |
|---|---|---|
| New Positions | 80 | $398.7M |
| Exits | 58 | $110.2M |
All 13F filers, Q1 2026 → Q2 2026: 28,949,118 shares bought and 31,704,936 shares sold, net −2,755,818 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 848 holders
| Gates Foundation Trust | 17.95% | No change | 51,826,786 | $6.2B |
| Royal Bank of Canada | 0.63% | Add +13.3% | 31,156,081 | $3.7B |
| FIL Ltd | 1.64% | Add +13.6% | 19,129,315 | $2.3B |
| Caisse de depot et placement du Quebec | 3.22% | Add +0.9% | 18,962,558 | $2.3B |
| 1832 Asset Management L.P. | 2.42% | Reduce -11.6% | 16,518,344 | $2.0B |
| Vanguard Capital Management LLC | 0.04% | Add +0.8% | 15,918,701 | $1.9B |
| Bank of Montreal | 0.65% | Add +6.0% | 14,841,305 | $1.8B |
| Mackenzie Financial Corp. | 1.51% | Add +1.9% | 8,939,323 | $1.5B |
| TD Asset Management Inc | 1.02% | Reduce -18.3% | 9,907,691 | $1.2B |
| TCI Fund Management | 2.13% | Reduce -4.2% | 9,433,422 | $1.1B |
| Wellington Management Group LLP | 0.18% | Reduce -25.9% | 8,537,192 | $1.0B |
| CIBC Asset Management Inc | 1.80% | Add +87.0% | 6,861,848 | $819.9M |
| National Bank of Canada | 0.71% | Add +1.1% | 6,761,268 | $805.3M |
| Massachusetts Financial Services Co. | 0.25% | Reduce -62.2% | 1,417,278 | $784.1M |
| Deutsche Bank AG | 0.21% | Reduce -15.9% | 6,062,146 | $722.9M |
| T. Rowe Price Associates Inc. | 0.07% | Reduce -6.5% | 6,052,322 | $721.7M |
| Clearbridge Investments, LLC | 0.59% | Add +13.5% | 5,964,425 | $711.2M |
| Geode Capital Management, LLC | 0.04% | Add +11.6% | 5,829,986 | $706.7M |
| Norges Bank | 0.07% | — | 5,695,165 | $679.0M |
| Connor, Clark & Lunn Investment Management Ltd. | 1.28% | Add +24.0% | 5,674,241 | $676.4M |
| Harding Loevner LP | 6.10% | Add +89.7% | 5,390,831 | $648.4M |
| Fiera Capital Corp | 2.34% | Reduce -12.7% | 5,406,877 | $644.0M |
| Manufacturers Life Insurance Company, The | 0.50% | Add +20.4% | 5,303,746 | $631.7M |
| Arrowstreet Capital, Limited Partnership | 0.27% | Add +9.0% | 5,152,780 | $614.4M |
| Cibc World Market Inc. | 1.01% | Reduce -1.4% | 5,025,832 | $602.2M |
| Vanguard Fiduciary Trust Co. | 0.13% | Add +0.4% | 4,816,343 | $574.8M |
| Canada Pension Plan Investment Board | 0.29% | Reduce -0.6% | 4,462,797 | $532.0M |
| TD Waterhouse Canada Inc. | 1.35% | Add +2.8% | 4,297,955 | $514.6M |
| Legal & General Group Plc | 0.10% | Reduce -5.4% | 3,986,362 | $475.6M |
| Lazard Asset Management LLC | 0.71% | Reduce -56.9% | 3,911,519 | $466.3M |
| Federation des caisses Desjardins du Quebec | 1.43% | Add +1.5% | 3,891,768 | $462.6M |
| Scotia Capital Inc. | 1.69% | Reduce -3.1% | 3,802,550 | $452.8M |
| Morgan Stanley | 0.02% | Add +37.9% | 3,675,358 | $438.2M |
| Canoe Financial LP | 5.03% | Reduce -0.6% | 3,407,690 | $406.3M |
| Goldman Sachs Group Inc. | 0.04% | Add +15.9% | 3,129,271 | $373.1M |
| Troy Asset Management Ltd | 8.99% | Reduce -2.5% | 2,564,246 | $322.3M |
| JPMorgan Chase & Co. | 0.02% | Reduce -10.8% | 2,621,159 | $315.4M |
| Vanguard Global Advisers, LLC | 0.13% | Add +6.0% | 2,325,865 | $277.6M |
| Beutel, Goodman & Co Ltd. | 1.85% | Reduce -12.9% | 2,105,136 | $251.1M |
| Toronto Dominion Bank | 0.41% | Add +5.5% | 2,069,940 | $246.8M |
| PineStone Asset Management Inc. | 1.50% | New | 2,034,355 | $242.6M |
| FMR LLC | 0.01% | Reduce -3.6% | 1,824,799 | $217.8M |
| Findlay Park Partners LLP | 2.94% | Reduce -3.3% | 1,826,068 | $217.7M |
| Charles Schwab Investment Management Inc. | 0.03% | Add +6.0% | 1,718,110 | $205.0M |
| Mitsubishi UFJ Trust & Banking Corp | 0.45% | Add +21.8% | 1,718,819 | $204.9M |
| Swiss National Bank | 0.10% | Reduce -5.0% | 1,672,400 | $199.0M |
| Dimensional Fund Advisors LP | 0.03% | Add +4.2% | 1,440,786 | $171.8M |
| AQR Capital Management | 0.06% | Add +24.3% | 1,406,399 | $167.7M |
| Two Sigma Investments, LP | 0.13% | Add +230.1% | 1,398,413 | $166.7M |
| Stifel Financial Corp. | 0.13% | Reduce -2.2% | 1,359,885 | $162.2M |
| Bank of Nova Scotia | 0.25% | Reduce -4.4% | 1,335,451 | $159.4M |
| Bank of America Corp. | 0.01% | Reduce -8.7% | 1,269,855 | $151.4M |
| Cardinal Capital Management, Inc. | 3.61% | Add +5.8% | 1,254,252 | $149.4M |
| Loring Wolcott & Coolidge Fiduciary Advisors LLP | 1.45% | Reduce -1.6% | 1,251,453 | $149.2M |
| Nuveen, LLC | 0.04% | Add +7.2% | 1,236,343 | $147.5M |
| VANGUARD ASSET MANAGEMENT, Ltd | 0.09% | Add +12.3% | 1,156,300 | $138.0M |
| Letko, Brosseau & Associates Inc. | 1.81% | Reduce -2.3% | 1,027,674 | $122.6M |
| Intact Investment Management Inc. | 3.24% | Reduce -0.6% | 955,760 | $114.0M |
| Douglass Winthrop Advisors, LLC | 1.93% | Reduce -1.8% | 936,884 | $111.7M |
| Bessemer Group Inc. | 0.15% | Add +22176.7% | 912,231 | $108.7M |
| Amundi | 0.02% | Reduce -15.8% | 860,943 | $102.7M |
| Russell Investments Group, Ltd. | 0.08% | Add +57.9% | 795,350 | $94.9M |
| Addenda Capital Inc. | 2.53% | Add +19.3% | 548,874 | $92.9M |
| Mufg Securities (canada), LTD. | 2.46% | Reduce -5.5% | 765,088 | $91.2M |
| Alberta Investment Management Corp | 0.57% | Reduce -1.1% | 750,814 | $89.5M |
| Balyasny Asset Management L.P. | 0.17% | Add +47.4% | 745,247 | $88.9M |
| Agf Management Ltd. | 0.34% | Add +1.0% | 540,109 | $88.4M |
| Scheer, Rowlett & Associates Investment Management Ltd. | 6.24% | Reduce -0.7% | 727,812 | $86.8M |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | 0.54% | Add +10.8% | 716,203 | $85.4M |
| Franklin Resources Inc. | 0.02% | Reduce -3.9% | 685,127 | $81.7M |
| BLI - Banque de Luxembourg Investments | 2.88% | Reduce -19.1% | 683,667 | $81.6M |
| Healthcare of Ontario Pension Plan Trust Fund | 0.11% | Add +334.4% | 651,600 | $77.7M |
| Northern Trust Corp. | 0.01% | Add +6.3% | 628,393 | $74.9M |
| Value Partners Investments Inc. | 5.05% | Add +0.3% | 607,648 | $72.4M |
| Public Sector Pension Investment Board | 0.19% | Add +123.1% | 599,765 | $71.5M |
| QV Investors Inc. | 5.43% | Reduce -4.0% | 591,760 | $70.6M |
| Bank of New York Mellon Corp | 0.01% | Add +9.7% | 552,853 | $65.9M |
| State of Tennessee, Department of Treasury | 0.19% | Reduce -3.1% | 537,896 | $64.2M |
| Vanguard Investments Australia, Ltd. | 0.16% | Add +2.3% | 530,857 | $63.4M |
| Invesco Ltd. | 0.01% | Reduce -49.4% | 524,812 | $62.6M |
| Sei Investments Co. | 0.05% | Add +2.3% | 516,827 | $61.6M |
| Adage Capital Partners Gp, L.L.C. | 0.09% | Reduce -39.8% | 516,526 | $61.6M |
| Point72 Asset Management | 0.10% | Reduce -35.6% | 502,283 | $59.9M |
| BlackRock, Inc. | 0.00% | Add +20.6% | 496,796 | $59.2M |
| Dixon Mitchell Investment Counsel Inc. | 1.92% | Add +10.3% | 494,412 | $59.0M |
| American Century Companies Inc. | 0.03% | Add +36.9% | 490,628 | $58.6M |
| Millennium Management | 0.04% | Reduce -50.2% | 473,152 | $56.4M |
| Quadrature Capital Ltd | 0.48% | Add +3.1% | 465,944 | $55.6M |
| Aviva PLC | 0.08% | Add +0.6% | 464,294 | $55.3M |
| MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd | 5.38% | Reduce -19.8% | 324,110 | $54.9M |
| Guardian Capital LP | 1.22% | Add +0.2% | 422,207 | $50.4M |
| Cidel Asset Management Inc. | 2.32% | Reduce -21.7% | 403,673 | $48.2M |
| Northwest & Ethical Investments L.P. | 1.11% | Reduce -6.1% | 400,958 | $47.8M |
| Saturna Capital Corp. | 0.58% | Add +0.1% | 400,815 | $47.8M |
| DekaBank Deutsche Girozentrale | 0.08% | No change | 456,770 | $46.8M |
| UBS Group AG | 0.01% | Reduce -43.2% | 379,861 | $45.3M |
| CIBC Bancorp USA Inc. | 0.05% | Reduce -4.1% | 339,921 | $40.5M |
| Barclays PLC | 0.01% | Reduce -7.5% | 334,663 | $39.9M |
| Encompass Capital Advisors LLC | 1.67% | New | 325,000 | $38.7M |
| Neuberger Berman Group LLC | 0.02% | Add +13.0% | 307,260 | $36.7M |
"% of holder's portfolio" is CNI's weight in each manager's 13F, not the share of Canadian Natl Railway Co. the manager owns.