Who owns CNQ
Which tracked institutional funds hold CNQ, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See CNQ company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-02). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
104 tracked funds added or opened CNQ while 305 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
CNQ’s largest tracked holder by dollar value, Capital World Investors, sizes it at 1.0% of its own reported 13F book, while the median holder sizes it at 0.2% of theirs — a 0.8pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in CNQ divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 705 tracked filers holding CNQ, 362 increased or opened the position and 360 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in CNQ between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 31
- Jupiter Topco LLC$186M
- WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC$144M
- RENAISSANCE TECHNOLOGIES LLC$113M
- Panview Capital Ltd$19M
- AustralianSuper Pty Ltd$12M
- HATCH COVE CAPITAL, LLC$12M
Full exits 53
- T. Rowe Price Investment Management, Inc.$596M
- Amundi$390M
- Egerton Capital (UK) LLP$277M
- JANUS HENDERSON GROUP PLC$209M
- Beutel, Goodman & Co Ltd.$195M
- INGALLS & SNYDER LLC$114M
Largest adds
- GOLDMAN SACHS GROUP INC$732M
- JANE STREET GROUP, LLC$303M
- OMERS ADMINISTRATION Corp$276M
- MACKENZIE FINANCIAL CORP$188M
- TWO SIGMA INVESTMENTS, LP$184M
- NATIONAL BANK OF CANADA /FI/$169M
Largest trims
- Capital Research Global Investors$3.4B
- Fisher Asset Management, LLC$2.1B
- FMR LLC$1.6B
- TORONTO DOMINION BANK$1.1B
- Capital World Investors$1.0B
- CIBC WORLD MARKET INC.$988M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Capital World Investors added | 217,960,835 | $8.6B | 15.4% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 137,606,544 | $5.4B | 9.7% | 2026-Q2 |
| Capital Research Global Investors trimmed | 116,067,730 | $4.6B | 8.2% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ added | 64,790,046 | $2.6B | 4.6% | 2026-Q2 |
| FMR LLC trimmed | 64,243,259 | $2.5B | 4.5% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 58,776,966 | $2.3B | 4.1% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 50,811,234 | $2.0B | 3.6% | 2026-Q2 |
| CANADA PENSION PLAN INVESTMENT BOARD trimmed | 38,636,215 | $1.5B | 2.7% | 2026-Q2 |
| TD Asset Management Inc trimmed | 31,168,077 | $1.2B | 2.2% | 2026-Q2 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND trimmed | 30,793,200 | $1.2B | 2.2% | 2026-Q2 |
| CIBC WORLD MARKET INC. trimmed | 30,371,087 | $1.2B | 2.1% | 2026-Q2 |
| 1832 Asset Management L.P. added | 28,134,122 | $1.1B | 2.0% | 2026-Q2 |
| MACKENZIE FINANCIAL CORP trimmed | 27,195,960 | $1.5B | 2.7% | 2026-Q2 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed | 26,542,998 | $1.0B | 1.9% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 26,101,709 | $1.0B | 1.8% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 24,141,192 | $983M | 1.8% | 2026-Q2 |
| NATIONAL BANK OF CANADA /FI/ added | 19,011,978 | $749M | 1.3% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 18,104,686 | $716M | 1.3% | 2026-Q2 |
| CIBC Asset Management Inc added | 16,720,694 | $663M | 1.2% | 2026-Q2 |
| YACKTMAN ASSET MANAGEMENT LP trimmed | 16,462,508 | $650M | 1.2% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 16,456,010 | $647M | 1.2% | 2026-Q2 |
| TD Waterhouse Canada Inc. added | 16,236,328 | $635M | 1.1% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed | 15,929,234 | $629M | 1.1% | 2026-Q2 |
| Vanguard Global Advisers, LLC added | 15,896,121 | $629M | 1.1% | 2026-Q2 |
| MORGAN STANLEY added | 15,003,222 | $593M | 1.1% | 2026-Q2 |
| TORONTO DOMINION BANK trimmed | 13,653,797 | $540M | 1.0% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 10,285,016 | $406M | 0.7% | 2026-Q2 |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp added | 10,034,176 | $397M | 0.7% | 2026-Q2 |
| WELLINGTON MANAGEMENT GROUP LLP added | 9,848,227 | $389M | 0.7% | 2026-Q2 |
| SCOTIA CAPITAL INC. added | 9,812,156 | $388M | 0.7% | 2026-Q2 |
| BANK OF NOVA SCOTIA added | 9,798,316 | $388M | 0.7% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 9,708,157 | $383M | 0.7% | 2026-Q2 |
| Blue Sparrow, LLC /DE added | 9,000,000 | $356M | 0.6% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 7,659,170 | $303M | 0.5% | 2026-Q2 |
| FRANKLIN RESOURCES INC trimmed | 7,613,910 | $301M | 0.5% | 2026-Q2 |
| Capital International Investors trimmed | 7,389,109 | $292M | 0.5% | 2026-Q2 |
| OMERS ADMINISTRATION Corp added | 7,053,566 | $279M | 0.5% | 2026-Q2 |
| Swiss National Bank trimmed | 6,741,862 | $266M | 0.5% | 2026-Q2 |
| MUFG SECURITIES (CANADA), LTD. added | 6,350,644 | $251M | 0.4% | 2026-Q2 |
| Legal & General Group Plc trimmed | 6,041,888 | $239M | 0.4% | 2026-Q2 |
| WCM INVESTMENT MANAGEMENT, LLC added | 5,852,509 | $230M | 0.4% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 5,613,183 | $222M | 0.4% | 2026-Q2 |
| Fiera Capital Corp added | 5,045,249 | $199M | 0.4% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 4,889,895 | $193M | 0.3% | 2026-Q2 |
| Jupiter Topco LLC new | 4,701,821 | $186M | 0.3% | 2026-Q2 |
| Connor, Clark & Lunn Investment Management Ltd. trimmed | 4,567,458 | $181M | 0.3% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd added | 4,424,072 | $175M | 0.3% | 2026-Q2 |
| AGF MANAGEMENT LTD trimmed | 4,393,486 | $184M | 0.3% | 2026-Q2 |
| PICTON MAHONEY ASSET MANAGEMENT trimmed | 4,270,778 | $169M | 0.3% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 4,088,342 | $161M | 0.3% | 2026-Q2 |
| GUARDIAN CAPITAL LP added | 3,909,304 | $155M | 0.3% | 2026-Q2 |
| FIL Ltd trimmed | 3,797,221 | $150M | 0.3% | 2026-Q2 |
| DEUTSCHE BANK AG\ trimmed | 3,682,737 | $145M | 0.3% | 2026-Q2 |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC new | 3,635,082 | $144M | 0.3% | 2026-Q2 |
| Invesco Ltd. trimmed | 3,478,070 | $137M | 0.2% | 2026-Q2 |
| UBS Group AG added | 3,398,413 | $134M | 0.2% | 2026-Q2 |
| NORTHERN TRUST CORP trimmed | 3,115,467 | $123M | 0.2% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 3,099,237 | $122M | 0.2% | 2026-Q2 |
| Goehring & Rozencwajg Associates, LLC added | 3,043,255 | $120M | 0.2% | 2026-Q2 |
| Bank of New York Mellon Corp added | 2,967,473 | $117M | 0.2% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC added | 2,859,500 | $113M | 0.2% | 2026-Q2 |
| Federation des caisses Desjardins du Quebec trimmed | 2,837,467 | $112M | 0.2% | 2026-Q2 |
| Alberta Investment Management Corp trimmed | 2,701,258 | $107M | 0.2% | 2026-Q2 |
| BlackRock, Inc. added | 2,648,584 | $105M | 0.2% | 2026-Q2 |
| Aviso Financial Inc. trimmed | 2,577,292 | $102M | 0.2% | 2026-Q2 |
| Clearbridge Investments, LLC added | 2,446,131 | $97M | 0.2% | 2026-Q2 |
| Canoe Financial LP trimmed | 2,437,345 | $96M | 0.2% | 2026-Q2 |
| VAN ECK ASSOCIATES CORP added | 2,390,830 | $95M | 0.2% | 2026-Q2 |
| Purpose Unlimited Inc. trimmed | 2,280,544 | $90M | 0.2% | 2026-Q2 |
| Nuveen, LLC added | 2,274,710 | $90M | 0.2% | 2026-Q2 |
| Public Sector Pension Investment Board added | 2,198,059 | $87M | 0.2% | 2026-Q2 |
| Russell Investments Group, Ltd. added | 2,094,958 | $83M | 0.1% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC added | 1,985,302 | $79M | 0.1% | 2026-Q2 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed | 1,983,108 | $111M | 0.2% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC added | 1,970,985 | $78M | 0.1% | 2026-Q2 |
| Hillsdale Investment Management Inc. added | 1,938,131 | $77M | 0.1% | 2026-Q2 |
| Dixon Mitchell Investment Counsel Inc. added | 1,854,339 | $74M | 0.1% | 2026-Q2 |
| Addenda Capital Inc. added | 1,823,954 | $104M | 0.2% | 2026-Q2 |
| State of Tennessee, Department of Treasury trimmed | 1,814,164 | $72M | 0.1% | 2026-Q2 |
| BCV Asset Management Inc. added | 1,693,724 | $67M | 0.1% | 2026-Q2 |
| Fisher Asset Management, LLC trimmed | 1,665,176 | $66M | 0.1% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 1,533,011 | $61M | 0.1% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 1,483,678 | $59M | 0.1% | 2026-Q2 |
| MILLER HOWARD INVESTMENTS INC /NY trimmed | 1,433,802 | $57M | 0.1% | 2026-Q2 |
| Marathon Asset Management Ltd trimmed | 1,391,604 | $56M | 0.1% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 1,376,618 | $54M | 0.1% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 1,365,848 | $54M | 0.1% | 2026-Q2 |
| NewEdge Wealth, LLC added | 1,220,556 | $48M | 0.1% | 2026-Q2 |
| Delaney Capital Management Ltd. trimmed | 1,148,627 | $45M | 0.1% | 2026-Q2 |
| BARCLAYS PLC added | 1,147,275 | $45M | 0.1% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC trimmed | 1,146,836 | $45M | 0.1% | 2026-Q2 |
| Qube Research & Technologies Ltd added | 1,138,614 | $45M | 0.1% | 2026-Q2 |
| FIRST MANHATTAN CO. LLC. trimmed | 1,124,614 | $45M | 0.1% | 2026-Q2 |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC added | 1,115,600 | $44M | 0.1% | 2026-Q2 |
| Korea Investment CORP trimmed | 1,007,197 | $40M | 0.1% | 2026-Q2 |
| Zurcher Kantonalbank (Zurich Cantonalbank) added | 1,006,022 | $40M | 0.1% | 2026-Q2 |
| Vanguard Investments Australia, Ltd. added | 999,395 | $40M | 0.1% | 2026-Q2 |
| Capital International, Inc./CA/ added | 955,201 | $38M | 0.1% | 2026-Q2 |
| BANK OF NOVA SCOTIA TRUST CO trimmed | 947,522 | $37M | 0.1% | 2026-Q2 |
| CITIGROUP INC added | 909,941 | $36M | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.