CNQ
Canadian Natural Resources Limited · Energy · Oil & Gas Exploration & Production
Momentum inputs (comparable managers):
holder breadth +6.7% ·
share flow -7.5% ·
net new positions +6.2%
· formula
Ownership fragmentation: more holders, smaller aggregate stake
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q1 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q3 2026 | 4 | 0 | 16.58M | $789.90M | n/a | n/a |
| Q2 2026 | 131 | +1 | 1.27B | $50.56B | +6 | −5 |
| Q1 2026 | 132 | +5 | 1.38B | $67.31B | +8 | −3 |
| Q4 2025 | 126 | -2 | 1.29B | $43.69B | +1 | −3 |
| Q3 2025 | 19 | -2 | 522.63M | $16.72B | n/a | −2 |
| Q2 2025 | 18 | -1 | 471.90M | $14.84B | n/a | −1 |
| Q1 2025 | 16 | +1 | 326.03M | $10.05B | +1 | n/a |
| Q4 2024 | 15 | -1 | 352.63M | $10.89B | n/a | −1 |
| Q3 2024 | 16 | 0 | 361.88M | $12.02B | n/a | n/a |
| Q2 2024 | 16 | n/a | 370.70M | $13.21B | n/a | n/a |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Capital World Investors ✦ | 208.91M | -21.6% | $6.43B | 1.0% | ▼ Trim | 4 | SEC ↗ |
| 2 | Fisher Asset Management ✦ | 45.89M | +4.0% | $1.41B | 0.6% | ▲ Add | 4 | SEC ↗ |
| 3 | Geode Capital Management ✦ (passive) | 14.31M | +12.6% | $450.14M | 0.0% | ▲ Add | 4 | SEC ↗ ×2 |
| 4 | Wellington Management ✦ | 10.94M | +1.4% | $336.81M | 0.1% | ▲ Add | 4 | SEC ↗ ×8 |
| 5 | Arrowstreet Capital ✦ | 9.85M | New | $303.19M | 0.2% | New | 1 | SEC ↗ |
| 6 | Point72 Asset Management ✦ | 7.02M | +1918.0% | $216.25M | 0.6% | ▲ Add | 4 | SEC ↗ |
| 7 | D. E. Shaw & Co. ✦ | 6.99M | +153.9% | $215.09M | 0.3% | ▲ Add | 4 | SEC ↗ ×2 |
| 8 | T. Rowe Price ✦ | 6.95M | -3.5% | $213.95M | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 9 | Citadel Advisors ✦ | 4.27M | +247.1% | $131.39M | 0.1% | ▲ Add | 4 | SEC ↗ ×2 |
| 10 | Two Sigma Investments ✦ | 3.21M | +28.5% | $98.88M | 0.2% | ▲ Add | 4 | SEC ↗ |
| 11 | Marshall Wace ✦ | 2.98M | +331.0% | $91.65M | 0.1% | ▲ Add | 4 | SEC ↗ ×3 |
| 12 | Millennium Management ✦ | 2.70M | -0.8% | $83.14M | 0.1% | ▼ Trim | 4 | SEC ↗ |
| 13 | Renaissance Technologies ✦ | 1.63M | +53.3% | $50.16M | 0.1% | ▲ Add | 4 | SEC ↗ |
| 14 | Bridgewater Associates ✦ | 363.21K | +4181.1% | $11.17M | 0.1% | ▲ Add | 4 | SEC ↗ |
| 15 | Gotham Asset Management ✦ | 18.46K | -85.0% | $568,599 | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 16 | AQR Capital Management ✦ | 18.09K | +85.5% | $557,159 | 0.0% | ▲ Add | 4 | SEC ↗ ×2 |
“Their weight” = the position's share of that manager's reported 13F equity value: the conviction measure. ✦ = curated manager.
New buyers
| Arrowstreet Capital | $303.19M | 0.2% |
Exited
| No tracked exits this quarter. |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 734 holders, 1.56B shares, $73.79B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold: shared-ownership counts, not fundamental relationships.