Canadian Natl RailwayCNI
13F holders, Q1 2026 (March 31)829holders +21
76new positions
61sold out
13famous investors
$104.61avg. 13F price*
At the end of Q1 2026, 829 institutions reported holding Canadian Natl Railway Co. (CNI) in their 13F filings, up 21 from Q4 2025. 76 opened new positions and 61 sold out. The largest holders were Gates Foundation Trust ($5.3B), Royal Bank of Canada ($2.8B) and Caisse de depot et placement du Quebec ($1.9B). 13 famous investors held it, including Bill Gates / Michael Larson (16.8% of Gates Foundation Trust's portfolio), Chris Hohn (2.2% 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 Q4 2025 → Q1 2026
| Institutions | Total Value | |
|---|---|---|
| New Positions | 76 | $356.7M |
| Exits | 61 | $158.4M |
All 13F filers, Q4 2025 → Q1 2026: 30,186,713 shares bought and 33,641,826 shares sold, net −3,455,113 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 829 holders
| Gates Foundation Trust | 16.82% | No change | 51,826,786 | $5.3B |
| Royal Bank of Canada | 0.54% | Add +5.3% | 27,509,225 | $2.8B |
| Caisse de depot et placement du Quebec | 3.09% | Add +35.2% | 18,784,173 | $1.9B |
| 1832 Asset Management L.P. | 2.54% | Reduce -0.3% | 18,683,240 | $1.9B |
| FIL Ltd | 1.35% | Add +7.0% | 16,841,218 | $1.7B |
| Vanguard Capital Management LLC | 0.04% | — | 15,798,602 | $1.6B |
| Bank of Montreal | 0.60% | Reduce -1.3% | 13,995,757 | $1.4B |
| TD Asset Management Inc | 1.01% | Add +6.7% | 12,131,313 | $1.2B |
| Wellington Management Group LLP | 0.22% | Add +23.7% | 11,523,186 | $1.2B |
| Massachusetts Financial Services Co. | 0.35% | Reduce -64.6% | 3,750,670 | $1.1B |
| TCI Fund Management | 2.24% | No change | 9,849,934 | $1.0B |
| Lazard Asset Management LLC | 1.54% | Add +1.9% | 9,077,518 | $934.5M |
| Mackenzie Financial Corp. | 1.08% | Reduce -1.3% | 8,776,306 | $903.2M |
| Deutsche Bank AG | 0.24% | Reduce -19.9% | 7,205,119 | $740.5M |
| National Bank of Canada | 0.70% | Reduce -0.4% | 6,685,129 | $685.8M |
| T. Rowe Price Associates Inc. | 0.08% | Reduce -19.4% | 6,476,573 | $665.6M |
| Fiera Capital Corp | 2.18% | Reduce -6.9% | 6,191,510 | $636.2M |
| Geode Capital Management, LLC | 0.03% | Add +2.0% | 5,222,211 | $542.5M |
| Clearbridge Investments, LLC | 0.47% | Add +17.2% | 5,252,996 | $539.9M |
| Cibc World Market Inc. | 0.93% | Reduce -1.3% | 5,099,397 | $526.5M |
| Vanguard Fiduciary Trust Co. | 0.12% | — | 4,795,222 | $493.6M |
| Arrowstreet Capital, Limited Partnership | 0.26% | Reduce -23.3% | 4,728,502 | $486.3M |
| Connor, Clark & Lunn Investment Management Ltd. | 1.09% | Add +49.1% | 4,575,185 | $471.0M |
| Canada Pension Plan Investment Board | 0.30% | Add +24.6% | 4,490,181 | $462.2M |
| Manufacturers Life Insurance Company, The | 0.39% | Reduce -1.1% | 4,404,252 | $452.9M |
| Legal & General Group Plc | 0.10% | Add +2.5% | 4,215,174 | $432.5M |
| TD Waterhouse Canada Inc. | 1.27% | Add +111.4% | 4,181,425 | $429.6M |
| Scotia Capital Inc. | 1.65% | Add +2.2% | 3,924,912 | $402.0M |
| Federation des caisses Desjardins du Quebec | 1.41% | Add +1.5% | 3,835,776 | $391.8M |
| CIBC Asset Management Inc | 0.92% | Add +4.5% | 3,668,641 | $377.1M |
| Canoe Financial LP | 4.81% | Add +17.2% | 3,426,466 | $352.5M |
| JPMorgan Chase & Co. | 0.02% | Add +25.2% | 2,937,155 | $297.6M |
| Harding Loevner LP | 3.01% | Add +32.5% | 2,841,460 | $292.1M |
| Troy Asset Management Ltd | 8.49% | Reduce -3.9% | 2,628,962 | $284.6M |
| Goldman Sachs Group Inc. | 0.04% | Reduce -25.0% | 2,699,658 | $277.4M |
| Morgan Stanley | 0.02% | Add +0.6% | 2,665,627 | $273.9M |
| Fisher Asset Management | 0.09% | Add +11.2% | 2,534,484 | $260.5M |
| Beutel, Goodman & Co Ltd. | 1.68% | Reduce -8.1% | 2,415,690 | $247.8M |
| Vanguard Global Advisers, LLC | 0.12% | — | 2,193,483 | $225.8M |
| Toronto Dominion Bank | 0.39% | Reduce -4.1% | 1,962,533 | $202.0M |
| FMR LLC | 0.01% | Add +16.7% | 1,893,039 | $194.8M |
| Findlay Park Partners LLP | 2.70% | Add +55.1% | 1,887,968 | $194.0M |
| Swiss National Bank | 0.10% | Add +26.3% | 1,761,000 | $181.0M |
| Charles Schwab Investment Management Inc. | 0.03% | Add +2.6% | 1,620,498 | $166.3M |
| Citadel Advisors | 0.11% | Add +445.9% | 1,549,725 | $159.3M |
| Capital International Investors | 0.04% | Reduce -85.4% | 1,443,751 | $148.6M |
| Bank of Nova Scotia | 0.25% | Reduce -50.6% | 1,397,099 | $143.8M |
| Mitsubishi UFJ Trust & Banking Corp | 0.35% | New | 1,411,788 | $143.5M |
| Stifel Financial Corp. | 0.13% | Add +2.4% | 1,390,935 | $142.9M |
| Bank of America Corp. | 0.01% | Reduce -40.1% | 1,390,345 | $142.9M |
| Dimensional Fund Advisors LP | 0.03% | Add +8.0% | 1,382,499 | $142.1M |
| Loring Wolcott & Coolidge Fiduciary Advisors LLP | 1.40% | Reduce -2.6% | 1,272,014 | $140.0M |
| Cardinal Capital Management, Inc. | 3.28% | Add +21.7% | 1,185,461 | $121.6M |
| Nuveen, LLC | 0.03% | Reduce -3.8% | 1,153,891 | $118.4M |
| AQR Capital Management | 0.05% | Reduce -8.3% | 1,131,846 | $115.5M |
| Letko, Brosseau & Associates Inc. | 1.74% | Add +36.0% | 1,051,605 | $107.9M |
| Invesco Ltd. | 0.01% | Reduce -4.8% | 1,037,491 | $106.6M |
| VANGUARD ASSET MANAGEMENT, Ltd | 0.09% | — | 1,030,080 | $106.0M |
| Amundi | 0.03% | Add +24.5% | 1,021,905 | $105.0M |
| Intact Investment Management Inc. | 2.82% | Add +69.9% | 961,420 | $98.9M |
| Douglass Winthrop Advisors, LLC | 1.80% | Reduce -4.9% | 954,295 | $98.1M |
| Millennium Management | 0.08% | Add +146.8% | 950,376 | $97.7M |
| Adage Capital Partners Gp, L.L.C. | 0.14% | Add +174.4% | 857,585 | $88.1M |
| Mufg Securities (canada), LTD. | 2.39% | Reduce -3.0% | 809,402 | $83.2M |
| BLI - Banque de Luxembourg Investments | 2.46% | No change | 844,888 | $82.3M |
| Point72 Asset Management | 0.15% | Add +49.2% | 779,813 | $80.1M |
| Alberta Investment Management Corp | 0.54% | Add +5.7% | 759,302 | $78.2M |
| Scheer, Rowlett & Associates Investment Management Ltd. | 5.43% | Reduce -3.7% | 733,191 | $75.5M |
| Agf Management Ltd. | 0.33% | Reduce -0.9% | 534,838 | $74.1M |
| Franklin Resources Inc. | 0.02% | Add +13.3% | 713,045 | $73.4M |
| UBS Group AG | 0.01% | Add +47.9% | 668,497 | $68.7M |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | 0.39% | Reduce -21.2% | 646,694 | $66.6M |
| Addenda Capital Inc. | 1.85% | Add +1.3% | 460,005 | $65.9M |
| QV Investors Inc. | 5.12% | Reduce -2.1% | 616,110 | $63.2M |
| Value Partners Investments Inc. | 4.75% | Add +0.3% | 605,969 | $62.2M |
| Northern Trust Corp. | 0.01% | Add +5.6% | 591,453 | $60.8M |
| OMERS ADMINISTRATION Corp | 0.38% | New | 580,000 | $59.5M |
| State of Tennessee, Department of Treasury | 0.19% | Add +3.2% | 554,927 | $57.0M |
| Vanguard Investments Australia, Ltd. | 0.15% | — | 518,832 | $53.4M |
| Cidel Asset Management Inc. | 2.89% | Add +92.4% | 515,357 | $52.9M |
| Balyasny Asset Management L.P. | 0.11% | Reduce -55.8% | 505,759 | $52.0M |
| Sei Investments Co. | 0.05% | Reduce -12.4% | 505,257 | $51.9M |
| Bank of New York Mellon Corp | 0.01% | Add +0.7% | 504,017 | $51.8M |
| Russell Investments Group, Ltd. | 0.06% | Reduce -7.6% | 503,705 | $51.7M |
| Brown Advisory Inc. | 0.08% | Reduce -42.8% | 489,824 | $50.3M |
| Voloridge Investment Management, LLC | 0.20% | Reduce -19.4% | 488,695 | $50.2M |
| DekaBank Deutsche Girozentrale | 0.08% | No change | 456,770 | $47.7M |
| Aviva PLC | 0.08% | Add +2.9% | 461,754 | $47.4M |
| Renaissance Technologies | 0.07% | Add +52.2% | 460,500 | $47.3M |
| Quadrature Capital Ltd | 0.55% | Reduce -80.0% | 452,000 | $46.4M |
| Dixon Mitchell Investment Counsel Inc. | 1.60% | Reduce -10.8% | 448,437 | $46.0M |
| Northwest & Ethical Investments L.P. | 1.02% | Reduce -0.9% | 426,867 | $43.9M |
| Two Sigma Investments, LP | 0.04% | Reduce -43.6% | 423,585 | $43.5M |
| Guardian Capital LP | 1.14% | Add +5.6% | 421,409 | $43.2M |
| BlackRock, Inc. | 0.00% | Add +7.0% | 412,113 | $42.4M |
| MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd | 4.50% | Reduce -3.5% | 404,264 | $42.3M |
| Saturna Capital Corp. | 0.58% | Add +4.2% | 400,263 | $41.1M |
| Barclays PLC | 0.01% | Add +27.3% | 361,720 | $37.2M |
| American Century Companies Inc. | 0.02% | Add +21.0% | 358,419 | $36.9M |
| CIBC Bancorp USA Inc. | 0.05% | — | 354,449 | $36.4M |
"% of holder's portfolio" is CNI's weight in each manager's 13F, not the share of Canadian Natl Railway Co. the manager owns.