Canadian Natural ResourcesCNQ
13F holders, Q4 2025 (December 31)675holders +39
90new positions
68sold out
7famous investors
$34.01avg. 13F price*
At the end of Q4 2025, 675 institutions reported holding Canadian Natural Resources (CNQ) in their 13F filings, up 39 from Q3 2025. 90 opened new positions and 68 sold out. The largest holders were Capital World Investors ($6.8B), Capital Research Global Investors ($5.0B) and Royal Bank of Canada ($3.8B). 7 famous investors held it, including Stephen Yacktman (8.9% of Yacktman Asset Management's portfolio), Ken Fisher (0.5% of Fisher Asset Management's portfolio) and Cliff Asness (0.1% of AQR Capital Management's portfolio).
- Company
- Canadian Natural Resources
- CUSIP
- 136385101
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 90 | $126.2M |
| Exits | 68 | $452.6M |
All 13F filers, Q3 2025 → Q4 2025: 114,812,305 shares bought and 126,904,851 shares sold, net −12,092,546 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 675 holders
| Capital World Investors | 0.92% | Reduce -1.7% | 199,820,601 | $6.8B |
| Capital Research Global Investors | 0.92% | Add +31.5% | 146,331,336 | $5.0B |
| Royal Bank of Canada | 0.67% | Reduce -15.6% | 112,782,200 | $3.8B |
| Vanguard Group Inc. | 0.05% | Add +0.9% | 93,305,198 | $3.2B |
| FMR LLC | 0.16% | Add +18.6% | 91,223,138 | $3.1B |
| Bank of Montreal | 0.97% | Reduce -13.4% | 69,490,752 | $2.4B |
| Cibc World Market Inc. | 2.68% | Add +93.5% | 44,146,600 | $1.5B |
| Fisher Asset Management | 0.49% | Add +3.2% | 42,745,981 | $1.4B |
| Canada Pension Plan Investment Board | 0.93% | Reduce -0.3% | 41,023,224 | $1.4B |
| TD Asset Management Inc | 1.04% | Reduce -2.5% | 37,945,726 | $1.3B |
| T. Rowe Price Investment Management, Inc. | 0.73% | Reduce -17.4% | 34,178,745 | $1.2B |
| Healthcare of Ontario Pension Plan Trust Fund | 1.97% | Reduce -0.8% | 34,060,000 | $1.2B |
| 1832 Asset Management L.P. | 1.36% | Add +1.8% | 31,482,179 | $1.1B |
| Mackenzie Financial Corp. | 1.24% | Reduce -0.3% | 30,927,340 | $1.0B |
| Manufacturers Life Insurance Company, The | 0.81% | Reduce -4.7% | 28,899,810 | $980.9M |
| Geode Capital Management, LLC | 0.04% | Add +7.0% | 20,518,621 | $710.1M |
| Yacktman Asset Management | 8.90% | Reduce -10.2% | 18,775,420 | $635.5M |
| National Bank of Canada | 0.64% | Add +45.3% | 18,566,785 | $628.2M |
| Toronto Dominion Bank | 1.12% | Reduce -41.4% | 18,515,655 | $627.1M |
| CIBC Asset Management Inc | 1.40% | Reduce -16.0% | 17,003,831 | $578.5M |
| JPMorgan Chase & Co. | 0.03% | Add +1.9% | 14,308,539 | $484.3M |
| Massachusetts Financial Services Co. | 0.13% | Add +179.2% | 11,616,347 | $393.2M |
| Morgan Stanley | 0.02% | Reduce -2.6% | 10,946,534 | $370.5M |
| FIL Ltd | 0.27% | Reduce -28.8% | 10,600,859 | $359.1M |
| Dimensional Fund Advisors LP | 0.07% | Add +2.7% | 9,555,467 | $323.5M |
| Wellington Management Group LLP | 0.06% | Reduce -4.5% | 9,551,007 | $323.4M |
| Scotia Capital Inc. | 1.23% | Add +8.1% | 9,052,806 | $306.4M |
| Amundi | 0.08% | Add +1.4% | 7,776,990 | $263.3M |
| Legal & General Group Plc | 0.06% | Reduce -9.8% | 7,632,656 | $258.9M |
| Janus Henderson Group PLC | 0.11% | Reduce -6.8% | 7,495,778 | $253.8M |
| Charles Schwab Investment Management Inc. | 0.04% | Add +3.0% | 6,982,395 | $236.8M |
| Bank of America Corp. | 0.02% | Reduce -25.3% | 6,849,876 | $231.9M |
| TD Waterhouse Canada Inc. | 1.42% | Add +4.9% | 6,758,445 | $228.7M |
| T. Rowe Price Associates Inc. | 0.02% | Reduce -5.8% | 6,750,206 | $228.5M |
| Beutel, Goodman & Co Ltd. | 1.34% | Add +3243.3% | 6,434,851 | $218.2M |
| Franklin Resources Inc. | 0.05% | Reduce -2.6% | 6,214,564 | $210.5M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.53% | Reduce -37.4% | 6,021,473 | $204.0M |
| Boston Partners | 0.20% | Reduce -4.9% | 5,710,729 | $193.1M |
| Canoe Financial LP | 2.57% | Reduce -2.3% | 5,588,945 | $189.3M |
| Swiss National Bank | 0.11% | Reduce -8.1% | 5,536,362 | $187.9M |
| Invesco Ltd. | 0.02% | Reduce -5.8% | 5,377,185 | $182.0M |
| Agf Management Ltd. | 0.76% | Add +17.5% | 4,879,368 | $173.4M |
| Picton Mahoney Asset Management | 1.73% | Reduce -9.7% | 4,666,597 | $158.3M |
| Bank of Nova Scotia | 0.22% | Add +58.8% | 4,380,500 | $148.4M |
| WCM Investment Management, LLC | 0.29% | Reduce -9.7% | 4,183,999 | $141.9M |
| BCV Asset Management Inc. | 3.47% | — | 2,490,678 | $137.4M |
| Goldman Sachs Group Inc. | 0.02% | Reduce -80.2% | 3,827,522 | $129.6M |
| AQR Capital Management | 0.07% | Add +11020.4% | 3,680,735 | $124.7M |
| DekaBank Deutsche Girozentrale | 0.21% | No change | 1,427,745 | $122.0M |
| Federation des caisses Desjardins du Quebec | 0.45% | Add +1.5% | 3,463,538 | $117.3M |
| Guardian Capital LP | 3.33% | Add +34.8% | 3,310,091 | $112.2M |
| Northern Trust Corp. | 0.01% | Add +1.7% | 3,239,454 | $109.7M |
| Bank of New York Mellon Corp | 0.02% | Reduce -17.3% | 3,227,229 | $109.2M |
| Mufg Securities (canada), LTD. | 2.99% | Reduce -8.2% | 3,171,955 | $107.5M |
| UBS Group AG | 0.02% | Add +10.1% | 2,887,806 | $97.8M |
| Addenda Capital Inc. | 2.64% | Reduce -12.0% | 1,913,178 | $90.1M |
| Aviso Financial Inc. | 3.42% | Add +1.7% | 2,653,439 | $89.9M |
| Clearbridge Investments, LLC | 0.07% | Add +7.5% | 2,545,271 | $86.2M |
| Ingalls & Snyder LLC | 3.00% | Reduce -6.9% | 2,401,340 | $81.3M |
| Barclays PLC | 0.03% | Add +2.0% | 2,384,204 | $80.7M |
| Crawford Investment Counsel Inc. | 1.34% | Add +1.6% | 2,376,635 | $80.4M |
| Voloridge Investment Management, LLC | 0.28% | Reduce -18.5% | 2,352,288 | $79.6M |
| Brandywine Global Investment Management, LLC | 0.53% | Reduce -0.8% | 2,285,276 | $77.4M |
| Nuveen, LLC | 0.02% | No change | 2,210,902 | $75.0M |
| Purpose Unlimited Inc. | 3.41% | — | 2,173,764 | $73.6M |
| Dixon Mitchell Investment Counsel Inc. | 2.41% | Reduce -1.2% | 2,126,037 | $73.0M |
| Deutsche Bank AG | 0.02% | Add +4.2% | 2,113,071 | $71.5M |
| Alberta Investment Management Corp | 0.46% | Reduce -21.3% | 2,025,500 | $68.6M |
| BlackRock, Inc. | 0.00% | Add +7.9% | 1,973,857 | $66.8M |
| State of Tennessee, Department of Treasury | 0.21% | Reduce -3.7% | 1,771,015 | $66.2M |
| Goehring & Rozencwajg Associates, LLC | 6.38% | Add +89.3% | 1,902,413 | $64.4M |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | 0.30% | Reduce -64.3% | 1,648,978 | $55.9M |
| Principal Financial Group Inc. | 0.03% | Reduce -5.2% | 1,626,182 | $55.2M |
| Marathon Asset Management Ltd | 2.11% | Reduce -5.4% | 1,600,148 | $54.9M |
| Russell Investments Group, Ltd. | 0.06% | Add +0.1% | 1,616,694 | $54.8M |
| Capital International Investors | 0.01% | Add +68.1% | 1,609,863 | $54.5M |
| Two Sigma Investments, LP | 0.08% | Reduce -54.2% | 1,537,075 | $52.0M |
| Raymond James Financial Inc. | 0.02% | Add +4.1% | 1,499,115 | $50.7M |
| Envestnet Asset Management Inc. | 0.01% | Reduce -8.0% | 1,486,931 | $50.3M |
| First Manhattan Co. Llc. | 0.13% | Reduce -3.3% | 1,401,603 | $48.0M |
| Miller Howard Investments Inc. | 1.41% | Reduce -3.4% | 1,384,034 | $46.8M |
| Wells Fargo & Company | 0.01% | Add +9.6% | 1,358,767 | $46.1M |
| Citadel Advisors | 0.03% | Add +100.2% | 1,354,448 | $45.8M |
| GW&K Investment Management, LLC | 0.38% | Reduce -0.5% | 1,309,506 | $44.3M |
| Fiera Capital Corp | 0.14% | Reduce -12.0% | 1,293,745 | $43.8M |
| American Century Companies Inc. | 0.02% | Add +14.7% | 1,258,934 | $42.6M |
| Delaney Capital Management Ltd. | 6.37% | — | 1,133,064 | $38.4M |
| NewEdge Wealth, LLC | 0.41% | Add +2.2% | 1,065,820 | $36.1M |
| SIG North Trading, ULC | 6.28% | Reduce -20.4% | 1,059,826 | $35.9M |
| Baskin Financial Services Inc. | 2.62% | Reduce -0.3% | 1,026,851 | $34.8M |
| Capital International, Inc. | 0.25% | Add +2.0% | 950,104 | $32.2M |
| Intact Investment Management Inc. | 0.90% | Reduce -46.1% | 925,590 | $31.3M |
| MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd | 2.66% | Reduce -3.8% | 673,512 | $31.3M |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.07% | Reduce -6.7% | 912,594 | $31.0M |
| Bank of Nova Scotia Trust Co. | 2.61% | Add +12.1% | 885,404 | $30.0M |
| Royal London Asset Management Ltd. | 0.06% | Add +0.9% | 871,384 | $29.5M |
| Citigroup Inc. | 0.02% | Reduce -49.4% | 793,182 | $26.9M |
| Scheer, Rowlett & Associates Investment Management Ltd. | 1.84% | Reduce -17.2% | 791,781 | $26.8M |
| Korea Investment CORP | 0.05% | Reduce -7.1% | 786,792 | $26.7M |
| Old West Investment Management, LLC | 4.64% | Add +51.1% | 768,396 | $26.0M |
"% of holder's portfolio" is CNQ's weight in each manager's 13F, not the share of Canadian Natural Resources the manager owns.