DaveManuel.com · Institutional Ownership · Who Owns It
CANADIAN NAT RES LTD MED TER (CNQ)
Institutional ownership reported to the SEC as of Q2 2026, across 32 quarters.
757
Reporting holders
$60.9B
Reported value
0.8%
Calls
1.0%
Puts
+2
Holder change
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| Capital World Investors | $8.6B | 217,960,835 | 1.02% | 31q | +10.3%+$802.3M |
| ROYAL BANK OF CANADA | $5.9B incl. $443.4M options CALL+PUT | 137,606,544 | 0.88% | 31q | +10.3%+$546.6M |
| Capital Research Global Investors | $4.6B | 116,067,730 | 0.64% | 31q | -29.4%-$1.9B |
| BANK OF MONTREAL /CAN/ | $2.6B incl. $26.7M options CALL+PUT | 64,790,046 | 0.85% | 31q | +1.4%+$35.4M |
| FMR LLC | $2.5B | 64,243,259 | 0.11% | 31q | -24.6%-$829.4M |
| VANGUARD CAPITAL MANAGEMENT LLC | $2.3B | 58,776,966 | 0.05% | 2q | +1.3%+$29.4M |
| GOLDMAN SACHS GROUP INC | $2.0B | 50,811,234 | 0.17% | 31q | +94.2%+$973.8M |
| CANADA PENSION PLAN INVESTMENT BOARD | $1.5B | 38,636,215 | 0.84% | 31q | -4.1%-$65.0M |
| MACKENZIE FINANCIAL CORP | $1.5B | 27,195,960 | 1.53% | 31q | -0.9%-$13.2M |
| TD Asset Management Inc | $1.2B | 31,168,077 | 1.07% | 31q | -22.0%-$347.0M |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | $1.2B | 30,793,200 | 1.71% | 7q | -17.8%-$263.5M |
| CIBC WORLD MARKET INC. | $1.2B incl. $8.6M options CALL | 30,371,087 | 1.94% | 31q | -32.3%-$578.0M |
| 1832 Asset Management L.P. | $1.1B | 28,134,122 | 0.56% | 31q | +0.7%+$7.8M |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $1.0B | 26,542,998 | 0.82% | 31q | -0.8%-$8.0M |
| PRICE T ROWE ASSOCIATES INC /MD/ | $1.0B | 26,101,709 | 0.10% | 11q | +13.5%+$122.2M |
| GEODE CAPITAL MANAGEMENT, LLC | $983.1M | 24,141,192 | 0.05% | 31q | +13.2%+$114.6M |
| T. Rowe Price Investment Management, Inc. | $830.6M | 21,027,147 | 0.54% | 13q | +71.8%+$347.2M |
| NATIONAL BANK OF CANADA /FI/ | $794.0M incl. $45.3M options CALL+PUT | 19,011,978 | 0.57% | 19q | +58.4%+$292.7M |
| VANGUARD FIDUCIARY TRUST CO | $716.4M | 18,104,686 | 0.16% | 2q | +0.7%+$5.1M |
| CIBC Asset Management Inc | $662.9M | 16,720,694 | 1.45% | 31q | +6.5%+$40.5M |
| YACKTMAN ASSET MANAGEMENT LP | $650.3M | 16,462,508 | 8.04% | 22q | HELD |
| JPMORGAN CHASE & CO | $646.9M | 16,456,010 | 0.04% | 31q | +2.3%+$14.8M |
| TD Waterhouse Canada Inc. | $634.5M | 16,236,328 | 1.67% | 19q | +0.6%+$3.5M |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $629.4M | 15,929,234 | 0.28% | 2q | -45.0%-$514.7M |
| Vanguard Global Advisers, LLC | $629.0M | 15,896,121 | 0.29% | 2q | +9.5%+$54.5M |
| TORONTO DOMINION BANK | $601.8M incl. $62.1M options CALL+PUT | 13,653,797 | 0.70% | 31q | -58.8%-$859.7M |
| MORGAN STANLEY | $592.6M | 15,003,222 | 0.03% | 35q | +47.2%+$190.0M |
| JANE STREET GROUP, LLC | $463.6M incl. $57.4M options CALL+PUT | 10,285,016 | 0.04% | 31q | +385.9%+$368.2M |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | $396.7M | 10,034,176 | 2.48% | 31q | +28.6%+$88.1M |
| WELLINGTON MANAGEMENT GROUP LLP | $389.1M | 9,848,227 | 0.07% | 31q | +17.6%+$58.2M |
| SCOTIA CAPITAL INC. | $388.2M | 9,812,156 | 1.45% | 31q | +3.5%+$13.1M |
| BANK OF NOVA SCOTIA | $387.7M | 9,798,316 | 0.59% | 31q | +49.2%+$127.9M |
| DIMENSIONAL FUND ADVISORS LP | $383.5M | 9,708,157 | 0.07% | 31q | +3.2%+$11.8M |
| Blue Sparrow, LLC /DE | $355.5M | 9,000,000 | 3.45% | 2q | +94.8%+$173.0M |
| Amundi | $325.4M | 8,238,632 | 0.08% | 21q | +3.1%+$9.6M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $303.0M | 7,659,170 | 0.04% | 9q | +5.1%+$14.6M |
| FRANKLIN RESOURCES INC | $301.0M | 7,613,910 | 0.07% | 31q | -4.8%-$15.3M |
| Capital International Investors | $292.4M | 7,389,109 | 0.06% | 31q | -18.9%-$68.1M |
| OMERS ADMINISTRATION Corp | $279.0M | 7,053,566 | 1.67% | 3q | +10571.1%+$276.4M |
| Beutel, Goodman & Co Ltd. | $272.7M | 6,894,705 | 2.01% | 6q | +71.9%+$114.0M |
| Swiss National Bank | $266.0M | 6,741,862 | 0.14% | 31q | -3.9%-$10.7M |
| MUFG SECURITIES (CANADA), LTD. | $250.9M | 6,350,644 | 6.76% | 10q | +105.7%+$128.9M |
| Legal & General Group Plc | $239.0M | 6,041,888 | 0.05% | 31q | -17.8%-$51.6M |
| WCM INVESTMENT MANAGEMENT, LLC | $230.1M | 5,852,509 | 0.42% | 16q | +14.3%+$28.7M |
| AQR CAPITAL MANAGEMENT LLC | $221.9M | 5,613,183 | 0.08% | 9q | +19.2%+$35.8M |
| Fiera Capital Corp | $199.3M | 5,045,249 | 0.72% | 31q | +13.7%+$24.0M |
| TWO SIGMA INVESTMENTS, LP | $193.8M incl. $679.4K options CALL+PUT | 4,889,895 | 0.14% | 12q | +2414.8%+$186.1M |
| Jupiter Topco LLC | $185.8M | 4,701,821 | 0.08% | new | FIRST |
| AGF MANAGEMENT LTD | $184.3M | 4,393,486 | 0.72% | 15q | -1.3%-$2.5M |
| Connor, Clark & Lunn Investment Management Ltd. | $180.5M | 4,567,458 | 0.34% | 31q | -32.0%-$85.0M |
| CITADEL ADVISORS LLC | $177.3M incl. $54.8M options CALL+PUT | 3,099,237 | 0.02% | 31q | +378.2%+$140.2M |
| VANGUARD ASSET MANAGEMENT, Ltd | $175.1M | 4,424,072 | 0.12% | 2q | +15.0%+$22.8M |
| PICTON MAHONEY ASSET MANAGEMENT | $168.6M | 4,270,778 | 1.25% | 5q | -20.6%-$43.8M |
| BANK OF AMERICA CORP /DE/ | $161.5M | 4,088,342 | 0.01% | 31q | -27.3%-$60.7M |
| GUARDIAN CAPITAL LP | $154.6M | 3,909,304 | 3.76% | 31q | +13.2%+$18.0M |
| FIL Ltd | $150.3M | 3,797,221 | 0.11% | 31q | -67.7%-$314.8M |
| DEUTSCHE BANK AG\ | $145.5M | 3,682,737 | 0.04% | 34q | -4.8%-$7.3M |
| SIG North Trading, ULC | $143.9M incl. $139.2M options CALL+PUT | 119,875 | 2.65% | 18q | HELD |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | $143.7M | 3,635,082 | 0.43% | new | NEW |
| Invesco Ltd. | $137.4M | 3,478,070 | 0.01% | 31q | -22.0%-$38.7M |
| UBS Group AG | $134.2M | 3,398,413 | 0.02% | 31q | HELD |
| MILLENNIUM MANAGEMENT LLC | $130.0M incl. $52.1M options CALL+PUT | 1,970,985 | 0.05% | 25q | +461.5%+$106.8M |
| NORTHERN TRUST CORP | $123.1M | 3,115,467 | 0.01% | 31q | -5.8%-$7.6M |
| Goehring & Rozencwajg Associates, LLC | $120.3M | 3,043,255 | 6.92% | 7q | +7.6%+$8.5M |
| Bank of New York Mellon Corp | $117.2M | 2,967,473 | 0.02% | 31q | +40.3%+$33.7M |
| RENAISSANCE TECHNOLOGIES LLC | $113.0M | 2,859,500 | 0.16% | new | NEW |
| Federation des caisses Desjardins du Quebec | $112.1M | 2,837,467 | 0.34% | 38q | -1.0%-$1.1M |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | $111.3M | 1,983,108 | 0.04% | 31q | -16.7%-$22.3M |
| Alberta Investment Management Corp | $106.8M | 2,701,258 | 0.60% | 31q | -69.6%-$244.1M |
| BlackRock, Inc. | $104.6M | 2,648,584 | 0.00% | 8q | +12.6%+$11.7M |
| Addenda Capital Inc. | $103.5M | 1,823,954 | 2.81% | 31q | +0.6%+$655.2K |
| Aviso Financial Inc. | $101.9M | 2,577,292 | 3.54% | 9q | -3.8%-$4.0M |
| Clearbridge Investments, LLC | $96.6M | 2,446,131 | 0.08% | 11q | +6.2%+$5.6M |
| Canoe Financial LP | $96.4M | 2,437,345 | 1.19% | 14q | -29.0%-$39.4M |
| VAN ECK ASSOCIATES CORP | $94.5M | 2,390,830 | 0.06% | 31q | +171.9%+$59.8M |
| Purpose Unlimited Inc. | $90.3M | 2,280,544 | 3.45% | 3q | -2.4%-$2.2M |
| Nuveen, LLC | $90.0M | 2,274,710 | 0.02% | 6q | +2.8%+$2.5M |
| INGALLS & SNYDER LLC | $88.5M | 2,240,810 | 2.42% | 31q | -4.1%-$3.8M |
| Public Sector Pension Investment Board | $86.9M | 2,198,059 | 0.22% | 31q | +935.7%+$78.5M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $86.1M incl. $71.4M options CALL+PUT | 371,512 | 0.01% | 31q | +4535.8%+$84.2M |
| Russell Investments Group, Ltd. | $82.8M | 2,094,958 | 0.07% | 31q | +46.8%+$26.4M |
| AMERICAN CENTURY COMPANIES INC | $78.6M | 1,985,302 | 0.03% | 27q | +32.2%+$19.1M |
| Hillsdale Investment Management Inc. | $76.6M | 1,938,131 | 1.75% | 31q | +149.9%+$46.0M |
| Dixon Mitchell Investment Counsel Inc. | $74.2M | 1,854,339 | 2.41% | 62q | +8.9%+$6.1M |
| State of Tennessee, Department of Treasury | $71.8M | 1,814,164 | 0.21% | 13q | -1.7%-$1.2M |
| DekaBank Deutsche Girozentrale | $70.3M | 1,427,745 | 0.12% | 31q | HELD |
| BCV Asset Management Inc. | $66.7M | 1,693,724 | 2.02% | 3q | HELD |
| Fisher Asset Management, LLC | $65.8M | 1,665,176 | 0.02% | 10q | -96.3%-$1.7B |
| Allianz Asset Management GmbH | $62.4M | 1,578,113 | 0.05% | 40q | +6275.4%+$61.4M |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | $60.6M | 1,533,011 | 0.03% | 31q | +68.4%+$24.6M |
| ENVESTNET ASSET MANAGEMENT INC | $58.6M | 1,483,678 | 0.01% | 31q | -7.0%-$4.4M |
| MILLER HOWARD INVESTMENTS INC /NY | $56.6M | 1,433,802 | 1.50% | 24q | HELD |
| Marathon Asset Management Ltd | $56.3M | 1,391,604 | 2.29% | 20q | -12.8%-$8.3M |
| RAYMOND JAMES FINANCIAL INC | $54.4M | 1,376,618 | 0.01% | 7q | -10.0%-$6.0M |
| WELLS FARGO & COMPANY/MN | $54.0M | 1,365,848 | 0.01% | 31q | -4.8%-$2.7M |
| BARCLAYS PLC | $53.2M incl. $7.9M options CALL+PUT | 1,147,275 | 0.01% | 31q | +43.6%+$16.2M |
| D. E. Shaw & Co., Inc. | $48.9M incl. $31.0M options CALL+PUT | 451,879 | 0.02% | 22q | +12.2%+$5.3M |
| NewEdge Wealth, LLC | $48.2M | 1,220,556 | 0.48% | 20q | +7.6%+$3.4M |
| PRINCIPAL FINANCIAL GROUP INC | $45.4M | 1,146,836 | 0.02% | 18q | -19.0%-$10.6M |
| Delaney Capital Management Ltd. | $45.4M | 1,148,627 | 7.18% | 3q | HELD |
Showing the largest 100 of 758 reported holders. The count of 757 above leaves out 1 position whose reported value failed our price check; it is listed here as filed.
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 212 | $1.8B | 36,167,725 | 22 | 75 | 47 | 0.0% |
| Q2 2026 | 757 | $60.9B | 1,498,819,829 | 93 | 282 | 226 | 1.9% |
| Q1 2026 | 755 | $78.7B | 1,575,008,660 | 130 | 255 | 222 | 2.0% |
| Q4 2025 | 689 | $51.9B | 1,483,709,820 | 90 | 228 | 198 | 2.7% |
| Q3 2025 | 646 | $48.8B | 1,479,125,533 | 78 | 221 | 192 | 3.0% |
| Q2 2025 | 637 | $52.2B | 1,606,407,291 | 57 | 249 | 191 | 3.1% |
| Q1 2025 | 637 | $48.2B | 1,537,350,522 | 79 | 243 | 197 | 1.8% |
| Q4 2024 | 636 | $48.2B | 1,524,660,301 | 51 | 210 | 222 | 2.2% |
| Q3 2024 | 633 | $51.5B | 1,526,440,961 | 74 | 254 | 174 | 1.3% |
| Q2 2024 | 624 | $56.8B | 1,571,082,186 | 63 | 214 | 215 | 1.3% |
| Q1 2024 | 617 | $64.2B | 826,653,803 | 88 | 221 | 181 | 1.5% |
| Q4 2023 | 578 | $55.8B | 809,755,912 | 69 | 196 | 180 | 4.6% |
| Q3 2023 | 548 | $55.0B | 832,391,400 | 70 | 165 | 174 | 2.7% |
| Q2 2023 | 508 | $47.6B | 825,004,542 | 43 | 161 | 170 | 1.8% |
| Q1 2023 | 519 | $49.4B | 874,567,969 | 58 | 185 | 164 | 1.8% |
| Q4 2022 | 513 | $48.3B | 817,900,603 | 72 | 133 | 197 | 5.8% |
| Q3 2022 | 456 | $172.4B | 3,677,653,331 | 56 | 151 | 159 | 0.4% |
| Q2 2022 | 456 | $201.4B | 3,698,247,675 | 55 | 143 | 156 | 0.4% |
| Q1 2022 | 444 | $225.3B | 3,548,093,378 | 64 | 104 | 193 | 0.3% |
| Q4 2021 | 419 | $164.0B | 3,768,543,774 | 57 | 144 | 127 | 0.4% |
| Q3 2021 | 384 | $131.5B | 3,520,116,990 | 53 | 132 | 121 | 0.3% |
| Q2 2021 | 370 | $240.6B | 5,977,200,768 | 51 | 136 | 110 | 0.1% |
| Q1 2021 | 343 | $205.4B | 5,901,104,875 | 53 | 110 | 112 | 0.1% |
| Q4 2020 | 332 | $142.2B | 5,181,510,317 | 44 | 98 | 111 | 0.2% |
| Q3 2020 | 313 | $117.0B | 6,407,212,614 | 32 | 101 | 113 | 0.1% |
| Q2 2020 | 311 | $135.3B | 6,790,152,294 | 51 | 98 | 115 | 0.1% |
| Q1 2020 | 302 | $122.8B | 8,020,723,501 | 35 | 97 | 116 | 0.1% |
| Q4 2019 | 346 | $283.2B | 8,104,783,016 | 39 | 97 | 122 | 0.1% |
| Q3 2019 | 341 | $236.4B | 8,166,378,338 | 35 | 99 | 133 | 0.1% |
| Q2 2019 | 370 | $216.8B | 7,393,814,349 | 47 | 110 | 128 | 0.1% |
| Q1 2019 | 380 | $241.2B | 7,974,582,696 | 59 | 118 | 109 | 0.0% |
| Q4 2018 | 360 | $213.6B | 7,973,333,593 | 5 | 10 | 6 | 0.1% |