Canadian Natl RailwayCNI
13F holders, Q4 2024 (December 31)At the end of Q4 2024, 855 institutions reported holding Canadian Natl Railway Co. (CNI) in their 13F filings, up 3 from Q3 2024. 53 opened new positions and 80 sold out. The largest holders were Gates Foundation Trust ($5.6B), TCI Fund Management ($3.0B) and Royal Bank of Canada ($2.8B). 10 famous investors held it, including Bill Gates / Michael Larson (13.2% of Gates Foundation Trust's portfolio), Chris Hohn (7.1% of TCI Fund Management's portfolio) and Steve Cohen (0.2% of Point72 Asset Management's portfolio).
- Company
- Canadian Natl Railway Co.
- CUSIP
- 136375102
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2024 → Q4 2024
| Institutions | Total Value | |
|---|---|---|
| New Positions | 53 | $326.6M |
| Exits | 80 | $246.3M |
All 13F filers, Q3 2024 → Q4 2024: 21,712,053 shares bought and 26,123,176 shares sold, net −4,411,123 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 855 holders
| Gates Foundation Trust | 13.25% | No change | 54,826,786 | $5.6B |
| TCI Fund Management | 7.11% | Reduce -16.2% | 29,693,764 | $3.0B |
| Royal Bank of Canada | 0.61% | Add +8.0% | 27,757,038 | $2.8B |
| Vanguard Group Inc. | 0.04% | Add +0.4% | 22,986,678 | $2.3B |
| Wellington Management Group LLP | 0.33% | Reduce -5.8% | 17,476,898 | $1.8B |
| Bank of Montreal | 0.78% | Reduce -2.5% | 15,346,289 | $1.6B |
| Caisse de depot et placement du Quebec | 2.64% | No change | 12,496,600 | $1.3B |
| Bank of New York Mellon Corp | 0.23% | Reduce -5.0% | 12,490,148 | $1.3B |
| Massachusetts Financial Services Co. | 0.39% | Reduce -12.8% | 12,097,715 | $1.2B |
| Capital International Investors | 0.23% | Add +12.8% | 11,822,063 | $1.2B |
| TD Asset Management Inc | 1.06% | Add +2.7% | 11,768,500 | $1.2B |
| 1832 Asset Management L.P. | 1.92% | Add +3.4% | 10,607,365 | $1.1B |
| JARISLOWSKY, FRASER Ltd | 5.42% | Add +4.8% | 9,159,075 | $926.6M |
| Mackenzie Financial Corp. | 1.12% | Reduce -9.8% | 8,066,218 | $818.2M |
| National Bank of Canada | 1.02% | Add +15.2% | 7,757,997 | $787.6M |
| Deutsche Bank AG | 0.23% | Add +5.9% | 5,701,425 | $578.8M |
| Fiera Capital Corp | 1.80% | Add +2.6% | 5,624,594 | $570.6M |
| Norges Bank | 0.07% | Reduce -3.5% | 5,551,563 | $563.0M |
| T. Rowe Price Associates Inc. | 0.06% | Add +33.6% | 5,489,874 | $557.3M |
| Cibc World Market Inc. | 1.25% | Reduce -5.1% | 5,329,751 | $541.0M |
| CIBC Asset Management Inc | 1.70% | Add +12.6% | 5,119,674 | $519.8M |
| Arrowstreet Capital, Limited Partnership | 0.39% | Add +29.7% | 4,814,469 | $488.5M |
| Legal & General Group Plc | 0.12% | Reduce -4.1% | 4,529,315 | $459.7M |
| Beutel, Goodman & Co Ltd. | 2.27% | Reduce -9.3% | 4,116,484 | $417.8M |
| Manufacturers Life Insurance Company, The | 0.34% | Add +1.0% | 3,857,084 | $392.2M |
| Connor, Clark & Lunn Investment Management Ltd. | 1.63% | Reduce -10.3% | 3,556,179 | $360.7M |
| Geode Capital Management, LLC | 0.03% | Add +29.0% | 3,306,192 | $341.0M |
| Scotia Capital Inc. | 1.61% | Add +11.9% | 3,012,858 | $304.7M |
| Morgan Stanley | 0.02% | Reduce -28.6% | 2,912,874 | $295.7M |
| FIL Ltd | 0.27% | Reduce -33.8% | 2,828,530 | $287.2M |
| Bank of America Corp. | 0.03% | Reduce -5.0% | 2,799,074 | $284.1M |
| Bank of Nova Scotia | 0.49% | Reduce -5.5% | 2,757,030 | $279.9M |
| JPMorgan Chase & Co. | 0.02% | Add +10.1% | 2,616,947 | $265.6M |
| Federation des caisses Desjardins du Quebec | 1.29% | Add +3.6% | 2,502,096 | $252.5M |
| Harding Loevner LP | 1.70% | Reduce -5.4% | 2,478,657 | $251.6M |
| Canoe Financial LP | 3.54% | New | 2,137,743 | $216.9M |
| Canada Pension Plan Investment Board | 0.20% | Reduce -13.8% | 2,120,860 | $215.1M |
| Ninety One UK Ltd | 0.55% | Add +11.5% | 2,043,665 | $207.4M |
| Goldman Sachs Group Inc. | 0.04% | Add +6.2% | 1,909,100 | $193.8M |
| FMR LLC | 0.01% | Reduce -0.9% | 1,871,259 | $190.0M |
| Findlay Park Partners LLP | 1.82% | Reduce -0.1% | 1,805,568 | $183.3M |
| TD Waterhouse Canada Inc. | 1.42% | Add +1.1% | 1,739,236 | $175.7M |
| Swiss National Bank | 0.10% | Reduce -4.5% | 1,553,200 | $157.6M |
| Loring Wolcott & Coolidge Fiduciary Advisors LLP | 1.34% | Reduce -0.6% | 1,453,795 | $155.2M |
| Millennium Management | 0.14% | Add +70.6% | 1,494,447 | $151.7M |
| Charles Schwab Investment Management Inc. | 0.03% | Add +3.7% | 1,419,044 | $144.0M |
| Toronto Dominion Bank | 0.25% | Reduce -13.6% | 1,289,719 | $130.8M |
| Clearbridge Investments, LLC | 0.11% | Add +11.2% | 1,281,715 | $130.1M |
| Dimensional Fund Advisors LP | 0.03% | Add +2.7% | 1,211,222 | $122.9M |
| Royal London Asset Management Ltd. | 0.30% | Reduce -23.5% | 1,201,886 | $122.0M |
| Alberta Investment Management Corp | 0.85% | Reduce -6.4% | 1,188,302 | $120.6M |
| Manning & Napier Advisors LLC | 1.29% | Reduce -1.9% | 1,109,174 | $112.6M |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | 0.66% | Reduce -27.3% | 1,099,524 | $111.5M |
| Alliancebernstein L.P. | 0.04% | Reduce -41.4% | 1,080,988 | $109.7M |
| Stifel Financial Corp. | 0.11% | Add +0.3% | 1,074,083 | $109.0M |
| Agf Management Ltd. | 0.54% | Add +26.7% | 921,396 | $108.8M |
| Quadrature Capital Ltd | 2.17% | Add +8.1% | 1,062,300 | $108.1M |
| Voloridge Investment Management, LLC | 0.38% | Add +21.4% | 1,047,107 | $106.3M |
| Douglass Winthrop Advisors, LLC | 2.05% | Add +2.4% | 1,036,068 | $105.2M |
| Amundi | 0.03% | Reduce -22.7% | 905,059 | $92.7M |
| Citadel Advisors | 0.08% | Add +126.5% | 881,483 | $89.5M |
| Balyasny Asset Management L.P. | 0.21% | Reduce -32.8% | 853,524 | $86.6M |
| Mufg Securities (canada), LTD. | 3.10% | Add +71.9% | 844,974 | $85.7M |
| Brown Advisory Inc. | 0.10% | Reduce -10.0% | 815,493 | $82.8M |
| ClearBridge Investments Ltd | 2.14% | Add +73.2% | 804,212 | $81.6M |
| Nuveen Asset Management, LLC | 0.02% | Reduce -6.0% | 733,818 | $74.5M |
| Burgundy Asset Management Ltd. | 0.74% | Add +52.0% | 719,988 | $73.0M |
| Scheer, Rowlett & Associates Investment Management Ltd. | 5.26% | Add +43.7% | 710,796 | $72.1M |
| Point72 Asset Management | 0.20% | Reduce -49.1% | 694,030 | $70.5M |
| BLI - Banque de Luxembourg Investments | 1.91% | — | 693,095 | $70.3M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.02% | Reduce -26.6% | 682,345 | $69.3M |
| Cardinal Capital Management, Inc. | 2.34% | Add +42.6% | 678,211 | $68.7M |
| Addenda Capital Inc. | 2.35% | Add +1.5% | 455,201 | $66.4M |
| State of Tennessee, Department of Treasury | 0.23% | Reduce -0.1% | 634,225 | $64.4M |
| Franklin Resources Inc. | 0.02% | Reduce -5.1% | 621,349 | $63.0M |
| Russell Investments Group, Ltd. | 0.09% | Reduce -53.5% | 616,666 | $62.6M |
| Two Sigma Investments, LP | 0.15% | Add +46.7% | 610,092 | $61.9M |
| D. E. Shaw & Co. | 0.07% | Add +301.4% | 590,815 | $60.0M |
| BlackRock, Inc. | 0.00% | Reduce -17.8% | 583,705 | $59.3M |
| Capital International, Inc. | 0.64% | Reduce -6.9% | 532,093 | $54.0M |
| Northern Trust Corp. | 0.01% | Add +46.7% | 530,309 | $53.8M |
| Invesco Ltd. | 0.01% | Add +4.0% | 523,944 | $53.2M |
| Ameriprise Financial Inc. | 0.01% | Reduce -7.0% | 509,142 | $51.7M |
| Dixon Mitchell Investment Counsel Inc. | 2.30% | Add +2.3% | 490,939 | $49.9M |
| UBS Group AG | 0.01% | Add +1.8% | 483,691 | $49.1M |
| DekaBank Deutsche Girozentrale | 0.09% | No change | 456,770 | $46.1M |
| QV Investors Inc. | 4.60% | Add +66.7% | 439,661 | $44.6M |
| First Trust Advisors LP | 0.04% | Add +3.4% | 417,759 | $42.4M |
| Intact Investment Management Inc. | 1.47% | Add +6.9% | 415,449 | $42.2M |
| BNP Paribas Financial Markets | 0.03% | Add +248.5% | 406,943 | $41.3M |
| Partners Group Holding AG | 1.46% | Reduce -1.1% | 401,641 | $40.8M |
| Cidel Asset Management Inc. | 2.66% | Add +5.4% | 388,919 | $39.5M |
| CANADA LIFE ASSURANCE Co | 0.07% | Add +8.7% | 388,585 | $39.3M |
| Saturna Capital Corp. | 0.53% | No change | 384,000 | $39.0M |
| Sei Investments Co. | 0.05% | Add +2.0% | 375,801 | $38.1M |
| Qube Research & Technologies Ltd | 0.06% | Reduce -3.5% | 375,170 | $38.1M |
| APG Asset Management N.V. | 0.11% | Add +170.0% | 385,700 | $37.8M |
| Public Employees Retirement System of Ohio | 0.13% | Add +8.5% | 370,310 | $37.6M |
| MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd | 4.46% | Add +31.1% | 362,587 | $36.8M |
| Korea Investment CORP | 0.09% | Add +45.4% | 357,045 | $36.2M |
"% of holder's portfolio" is CNI's weight in each manager's 13F, not the share of Canadian Natl Railway Co. the manager owns.