Canadian Natl RailwayCNI
13F holders, Q2 2025 (June 30)819holders −2
68new positions
69sold out
11famous investors
$104.24avg. 13F price*
At the end of Q2 2025, 819 institutions reported holding Canadian Natl Railway Co. (CNI) in their 13F filings, down 2 from Q1 2025. 68 opened new positions and 69 sold out. The largest holders were Gates Foundation Trust ($5.7B), Royal Bank of Canada ($2.9B) and Vanguard Group Inc. ($2.5B). 11 famous investors held it, including Bill Gates / Michael Larson (11.9% of Gates Foundation Trust's portfolio), Chris Hohn (4.7% of TCI Fund Management's portfolio) and Steve Cohen (0.1% 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 Q1 2025 → Q2 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 68 | $306.4M |
| Exits | 69 | $243.4M |
All 13F filers, Q1 2025 → Q2 2025: 28,218,416 shares bought and 27,180,808 shares sold, net +1,037,608 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 819 holders
| Gates Foundation Trust | 11.94% | No change | 54,826,786 | $5.7B |
| Royal Bank of Canada | 0.57% | Add +4.5% | 28,151,647 | $2.9B |
| Vanguard Group Inc. | 0.04% | Add +3.3% | 23,927,393 | $2.5B |
| TCI Fund Management | 4.72% | Reduce -14.5% | 22,989,066 | $2.4B |
| Wellington Management Group LLP | 0.43% | Add +39.5% | 22,508,725 | $2.3B |
| Bank of Montreal | 0.75% | Reduce -2.5% | 14,228,768 | $1.5B |
| Caisse de depot et placement du Quebec | 3.05% | Add +9.9% | 13,737,922 | $1.4B |
| TD Asset Management Inc | 1.07% | Add +2.3% | 12,072,540 | $1.3B |
| Massachusetts Financial Services Co. | 0.39% | Reduce -2.5% | 11,823,661 | $1.2B |
| 1832 Asset Management L.P. | 1.93% | Reduce -5.5% | 10,622,973 | $1.1B |
| Capital International Investors | 0.19% | Reduce -9.1% | 10,505,583 | $1.1B |
| JARISLOWSKY, FRASER Ltd | 5.49% | Add +0.3% | 9,241,703 | $961.0M |
| Mackenzie Financial Corp. | 1.16% | Add +0.2% | 8,590,209 | $895.6M |
| National Bank of Canada | 0.84% | Reduce -1.6% | 7,454,515 | $775.2M |
| Manufacturers Life Insurance Company, The | 0.63% | Add +26.6% | 6,705,679 | $695.0M |
| Arrowstreet Capital, Limited Partnership | 0.46% | Add +20.1% | 6,296,828 | $655.8M |
| T. Rowe Price Associates Inc. | 0.07% | Reduce -7.1% | 6,166,441 | $641.6M |
| Deutsche Bank AG | 0.23% | Reduce -1.6% | 6,054,629 | $629.9M |
| Fiera Capital Corp | 2.05% | Add +6.0% | 5,800,583 | $604.0M |
| Bank of New York Mellon Corp | 0.11% | Reduce -52.8% | 5,713,579 | $594.4M |
| Norges Bank | 0.07% | Add +2.3% | 5,677,554 | $591.9M |
| CIBC Asset Management Inc | 1.71% | Add +5.6% | 5,222,470 | $544.6M |
| Cibc World Market Inc. | 1.12% | Reduce -26.0% | 4,844,477 | $504.0M |
| FIL Ltd | 0.42% | Add +45.5% | 4,727,516 | $492.6M |
| Geode Capital Management, LLC | 0.03% | Add +18.8% | 4,365,910 | $460.1M |
| Legal & General Group Plc | 0.11% | Reduce -0.3% | 4,297,325 | $446.9M |
| Connor, Clark & Lunn Investment Management Ltd. | 1.55% | Add +31.9% | 4,220,150 | $440.0M |
| Beutel, Goodman & Co Ltd. | 2.45% | Reduce -3.0% | 4,134,954 | $430.0M |
| Canada Pension Plan Investment Board | 0.32% | Add +27.1% | 3,634,439 | $378.9M |
| Goldman Sachs Group Inc. | 0.06% | Add +31.3% | 3,498,540 | $364.0M |
| Scotia Capital Inc. | 1.72% | Add +9.8% | 3,498,724 | $363.3M |
| Federation des caisses Desjardins du Quebec | 1.59% | Add +16.5% | 3,483,358 | $361.7M |
| Bank of Nova Scotia | 0.59% | Reduce -0.1% | 2,774,099 | $289.0M |
| Canoe Financial LP | 3.88% | Add +7.4% | 2,612,255 | $272.3M |
| JPMorgan Chase & Co. | 0.02% | Reduce -4.3% | 2,549,062 | $265.2M |
| Harding Loevner LP | 1.63% | Reduce -2.9% | 2,325,177 | $241.9M |
| Morgan Stanley | 0.02% | Reduce -21.0% | 2,280,449 | $237.3M |
| Ninety One UK Ltd | 0.50% | Add +7.9% | 2,050,826 | $213.3M |
| TD Waterhouse Canada Inc. | 1.38% | Add +2.5% | 1,844,782 | $193.3M |
| Fisher Asset Management | 0.08% | New | 1,823,800 | $189.7M |
| Bank of America Corp. | 0.02% | Reduce -26.0% | 1,798,548 | $187.1M |
| ClearBridge Investments Ltd | 4.04% | Add +117.5% | 1,769,970 | $184.1M |
| FMR LLC | 0.01% | Reduce -0.9% | 1,759,422 | $183.3M |
| Swiss National Bank | 0.10% | Add +6.7% | 1,623,400 | $168.5M |
| Charles Schwab Investment Management Inc. | 0.03% | Add +4.4% | 1,527,359 | $158.8M |
| Findlay Park Partners LLP | 1.60% | Reduce -18.6% | 1,490,368 | $155.1M |
| Loring Wolcott & Coolidge Fiduciary Advisors LLP | 1.31% | Reduce -0.5% | 1,425,079 | $148.3M |
| Troy Asset Management Ltd | 3.92% | Reduce -1.6% | 1,377,649 | $143.4M |
| Toronto Dominion Bank | 0.31% | Add +8.9% | 1,363,872 | $142.2M |
| Clearbridge Investments, LLC | 0.11% | Add +1.3% | 1,319,342 | $137.3M |
| Nuveen, LLC | 0.04% | Add +14.4% | 1,319,521 | $137.2M |
| Amundi | 0.05% | Reduce -14.3% | 1,146,635 | $134.3M |
| Dimensional Fund Advisors LP | 0.03% | Add +3.1% | 1,247,904 | $129.8M |
| Stifel Financial Corp. | 0.12% | Add +2.8% | 1,176,848 | $122.4M |
| Two Sigma Investments, LP | 0.22% | Add +125.7% | 1,136,881 | $118.3M |
| Douglass Winthrop Advisors, LLC | 2.02% | Add +2.2% | 1,077,381 | $112.1M |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | 0.63% | Add +12.2% | 1,039,445 | $108.4M |
| Alberta Investment Management Corp | 0.91% | Reduce -17.4% | 1,024,500 | $106.8M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.02% | Add +3.2% | 1,006,197 | $104.7M |
| Mufg Securities (canada), LTD. | 2.97% | Add +11.2% | 937,638 | $97.6M |
| Agf Management Ltd. | 0.45% | Add +23.7% | 800,550 | $97.4M |
| BLI - Banque de Luxembourg Investments | 2.70% | Add +1.3% | 907,795 | $94.2M |
| Brown Advisory Inc. | 0.12% | Add +10.8% | 899,287 | $93.6M |
| UBS Group AG | 0.02% | Add +36.2% | 823,394 | $85.7M |
| Manning & Napier Advisors LLC | 1.02% | Reduce -4.6% | 820,103 | $85.3M |
| Scheer, Rowlett & Associates Investment Management Ltd. | 5.42% | Add +9.8% | 802,257 | $83.6M |
| Invesco Ltd. | 0.01% | Add +45.8% | 749,116 | $77.9M |
| Cardinal Capital Management, Inc. | 2.38% | Add +3.1% | 731,350 | $76.2M |
| State of Tennessee, Department of Treasury | 0.27% | Add +7.8% | 718,137 | $74.7M |
| Burgundy Asset Management Ltd. | 0.72% | Reduce -0.4% | 708,784 | $73.7M |
| Macquarie Group Ltd. | 0.09% | Add +45.0% | 517,907 | $71.9M |
| BNP Paribas Financial Markets | 0.05% | Add +9.1% | 655,840 | $68.2M |
| Addenda Capital Inc. | 2.39% | Add +8.9% | 469,260 | $66.6M |
| Russell Investments Group, Ltd. | 0.08% | Add +3.8% | 618,757 | $64.4M |
| Voloridge Investment Management, LLC | 0.23% | Reduce -40.9% | 611,667 | $63.6M |
| Qube Research & Technologies Ltd | 0.09% | Add +117.6% | 599,029 | $62.3M |
| QV Investors Inc. | 6.03% | Add +16.9% | 590,955 | $61.5M |
| Franklin Resources Inc. | 0.02% | Add +18.7% | 583,219 | $60.8M |
| Northern Trust Corp. | 0.01% | Reduce -9.9% | 575,918 | $59.9M |
| Renaissance Technologies | 0.08% | Reduce -1.4% | 565,900 | $58.9M |
| Value Partners Investments Inc. | 4.50% | Add +0.1% | 553,945 | $57.6M |
| Dixon Mitchell Investment Counsel Inc. | 2.11% | Add +2.1% | 520,754 | $54.2M |
| Two Sigma Advisers, LP | 0.11% | Add +95.1% | 519,472 | $54.0M |
| Sei Investments Co. | 0.06% | Add +12.4% | 514,769 | $53.6M |
| Intact Investment Management Inc. | 1.76% | Reduce -19.4% | 498,493 | $51.9M |
| BlackRock, Inc. | 0.00% | Reduce -15.3% | 497,143 | $51.7M |
| DekaBank Deutsche Girozentrale | 0.08% | Reduce -0.0% | 456,770 | $47.2M |
| HSBC Holdings PLC | 0.03% | Add +76.5% | 424,323 | $44.2M |
| Partners Group Holding AG | 2.05% | Reduce -12.7% | 418,381 | $43.5M |
| MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd | 4.80% | Add +2.2% | 417,087 | $43.4M |
| Ameriprise Financial Inc. | 0.01% | Reduce -21.0% | 416,224 | $42.0M |
| Korea Investment CORP | 0.09% | Add +17.7% | 403,542 | $42.0M |
| Aviva PLC | 0.09% | Add +6.7% | 400,387 | $41.7M |
| Cidel Asset Management Inc. | 2.49% | Add +2.0% | 399,269 | $41.5M |
| Saturna Capital Corp. | 0.54% | Add +0.1% | 384,280 | $40.0M |
| Marshall Wace, LLP | 0.05% | Add +0.0% | 384,230 | $40.0M |
| Northwest & Ethical Investments L.P. | 0.98% | Add +10.7% | 377,662 | $39.3M |
| Millennium Management | 0.04% | Reduce -56.0% | 374,868 | $39.0M |
| CANADA LIFE ASSURANCE Co | 0.06% | Add +0.1% | 375,665 | $39.0M |
| First Trust Advisors LP | 0.03% | Reduce -10.6% | 374,763 | $39.0M |
"% of holder's portfolio" is CNI's weight in each manager's 13F, not the share of Canadian Natl Railway Co. the manager owns.