CANADIAN NATL RAILWAY CO (CNI) Institutional Shareholders

CANADIAN NATL RAILWAY CO (CNI) is currently reported in institutional portfolios tracked by InsiderSet based on the latest available SEC Form 13F filings for the quarter ended June 30, 2026. The institutional investors covered on this page collectively reported approximately $41.24B in CNI holdings during the latest filing period.

Bill & Melinda Gates Foundation Trust is currently the largest disclosed institutional shareholder of CNI tracked by InsiderSet, reporting ownership valued at approximately $5.33B in its March 31, 2026 SEC Form 13F filing. Based on current market prices and the latest disclosed share count, the position is now estimated to be worth approximately $6.59B, representing an estimated gain of +23.78% since the filing period.

The top 10 institutional shareholders tracked on this page collectively account for approximately 49% of the total disclosed CNI value among the investors covered in this analysis. Major shareholders include Bill & Melinda Gates Foundation Trust, Royal Bank Of Canada, Caisse De Depot Et Placement Du Quebec, and several other long-term asset managers with concentrated positions in CANADIAN NATL RAILWAY CO (CNI).

This page ranks the largest institutional CNI shareholders using publicly disclosed SEC Form 13F data, including reported values, estimated current holding values, portfolio allocation percentages, ownership concentration metrics, and historical holding changes across major hedge funds and investment firms.

Institutional Holders

821

Total Reported Value

$41.24B

Largest Holder

Bill & Melinda Gates Foundation Trust

Largest Position

$5.33B

Insider Transactions (90d)

0

Latest Filing Quarter

Q2 2026

New Institutional Positions

42

Funds Exiting Positions

0

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NameInvestor/ManagerPortfolio %QuantityReported BalanceCurrent Estimated ValueGain/loss Since FilingEstimated Portfolio Performance
Bill & Melinda Gates Foundation TrustBill Gates16.82%51,826,786$5,326,238,797$6,592,885,447+$1,266,646,650+23.78%
Royal Bank Of Canada0.54%27,509,225$2,827,122,000$3,499,448,512+$672,326,512+23.78%
Caisse De Depot Et Placement Du Quebec3.09%18,784,173$1,927,209,982$2,389,534,647+$462,324,665+23.99%
1832 Asset Management L.P.2.54%18,683,240$1,920,076,575$2,376,694,960+$456,618,385+23.78%
Fil Ltd1.35%16,841,218$1,733,394,861$2,142,371,342+$408,976,481+23.59%
Vanguard Capital Management Llc0.04%15,798,602$1,626,086,910$2,009,740,160+$383,653,250+23.59%
Bank Of Montreal0.59%13,995,757$1,440,798,196$1,780,400,248+$339,602,052+23.57%
Td Asset Management Inc1.01%12,131,313$1,244,642,897$1,543,224,327+$298,581,430+23.99%
Wellington Management Group Llp0.22%11,523,186$1,182,848,593$1,465,864,491+$283,015,898+23.93%
TCI Fund ManagementChris Hohn2.24%9,849,934$1,013,208,255$1,253,010,104+$239,801,849+23.67%
Lazard Asset Management Llc1.54%9,077,518$934,488,079$1,154,751,065+$220,262,986+23.57%
Mackenzie Financial Corp1.08%8,776,306$903,177,958$1,116,433,886+$213,255,928+23.61%
Cibc Asset Management Inc1.80%6,861,848$819,897,165$872,895,684+$52,998,519+6.46%
Massachusetts Financial Services Co0.25%1,417,278$784,110,974$180,291,934-$603,819,040-77.01%
Deutsche Bank Ag\0.24%7,205,119$740,470,079$916,563,188+$176,093,109+23.78%
National Bank Of Canada0.70%6,685,129$685,842,480$850,415,260+$164,572,780+24.00%
Fiera Capital Corp2.18%6,191,510$636,168,241$787,621,987+$151,453,746+23.81%
Geode Capital Management, Llc0.03%5,222,211$542,519,338$664,317,461+$121,798,123+22.45%
Clearbridge Investments, Llc0.47%5,252,996$539,850,400$668,233,621+$128,383,221+23.78%
Cibc World Market Inc.0.93%5,099,397$526,512,740$648,694,292+$122,181,552+23.21%
Td Waterhouse Canada Inc.1.35%4,297,955$514,643,036$546,742,856+$32,099,820+6.24%
Vanguard Fiduciary Trust Co0.13%4,795,222$493,553,020$610,000,191+$116,447,171+23.59%
Arrowstreet Capital, Limited Partnership0.26%4,728,502$486,323,688$601,512,739+$115,189,051+23.69%
Connor, Clark & Lunn Investment Management Ltd.1.09%4,575,185$470,986,015$582,009,284+$111,023,269+23.57%
Canada Pension Plan Investment Board0.30%4,490,181$462,243,268$571,195,925+$108,952,657+23.57%
Manufacturers Life Insurance Company, The0.39%4,404,252$452,894,905$560,264,897+$107,369,992+23.71%
Legal & General Group Plc0.10%4,215,174$432,471,753$536,212,285+$103,740,532+23.99%
Canoe Financial Lp5.03%3,407,690$406,266,043$433,492,245+$27,226,202+6.70%
Scotia Capital Inc.1.65%3,924,912$402,023,543$499,288,056+$97,264,513+24.19%
Federation Des Caisses Desjardins Du Quebec1.41%3,835,776$391,811,425$487,949,065+$96,137,640+24.54%
Troy Asset Management Ltd8.99%2,564,246$322,255,093$326,197,734+$3,942,641+1.22%
Harding Loevner Lp3.01%2,841,460$292,069,562$361,462,127+$69,392,565+23.76%
Goldman Sachs Group Inc0.04%2,699,658$277,443,783$343,423,494+$65,979,711+23.78%
Morgan Stanley0.02%2,665,627$273,946,719$339,094,411+$65,147,692+23.78%
Fisher Asset Management, Llc0.09%2,534,484$260,468,989$322,411,710+$61,942,721+23.78%
Pinestone Asset Management Inc.1.50%2,034,355$242,576,490$258,790,300+$16,213,810+6.68%
Vanguard Global Advisers, Llc0.12%2,193,483$225,766,431$279,032,972+$53,266,541+23.59%
Toronto Dominion Bank0.39%1,962,533$202,006,287$249,653,823+$47,647,536+23.59%
Fmr Llc0.01%1,893,039$194,841,321$240,813,491+$45,972,170+23.59%
Findlay Park Partners Llp2.70%1,887,968$194,026,471$240,168,409+$46,141,938+23.78%
Swiss National Bank0.10%1,761,000$180,985,522$224,016,810+$43,031,288+23.78%
Charles Schwab Investment Management Inc0.03%1,620,498$166,259,112$206,143,551+$39,884,439+23.99%
Citadel Advisors Llc0.11%1,549,725$159,265,238$197,140,517+$37,875,279+23.78%
Cardinal Capital Management, Inc.3.61%1,254,252$149,383,852$159,553,397+$10,169,545+6.81%
Loring Wolcott & Coolidge Fiduciary Advisors Llp/Ma1.45%1,251,453$149,223,123$159,197,336+$9,974,213+6.68%
Capital International Investors0.03%1,443,751$148,593,589$183,659,565+$35,065,976+23.60%
Bank Of Nova Scotia0.25%1,397,099$143,761,274$177,724,964+$33,963,690+23.63%
Mitsubishi Ufj Trust & Banking Corp0.35%1,411,788$143,519,262$179,593,551+$36,074,289+25.14%
Stifel Financial Corp0.13%1,390,935$142,946,922$176,940,841+$33,993,919+23.78%
Bank Of America Corp0.01%1,390,345$142,885,788$176,865,787+$33,979,999+23.78%

Frequently asked questions about CNI

  • Who owns the most CNI stock?

    The largest holders of CNI are typically major institutional investors such as asset managers and hedge funds reporting on Form 13F. The table above ranks tracked superinvestors by reported position size using the latest available filings for CANADIAN NATL RAILWAY CO (CNI).

  • Is CNI widely held by superinvestors?

    Many widely followed stocks like CNI appear across numerous superinvestor portfolios because of liquidity, index inclusion, and fundamentals. The holder count and table above show how broadly CNI is represented among the institutional managers we track.

  • What do “Current Estimated Value”, “Gain/loss Since Filing”, and “Estimated Portfolio Performance” mean?

    Current Estimated Value is reported share quantity from the latest 13F times our most recent split-adjusted U.S. session close. Gain/loss Since Filing is that estimate minus the reported 13F dollar value; Estimated Portfolio Performance is that difference as a percent of the reported value. Green means the estimate is above the filing value; red means below (not purchase cost). If many filers share the same implied filing price per share, the performance % may match across rows. These are not official fund marks or live quotes.