CNQ
Canadian Natural Resources Limited · Energy · Oil & Gas Exploration & Production
Momentum inputs (comparable managers):
holder breadth +3.9% ·
share flow +9.7% ·
net new positions +3.8%
— formula
Broad accumulation — rising shares across more holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q1 2026
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 131 | +1 | 1.26B | $50.50B | +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 | — | −2 |
| Q2 2025 | 18 | -1 | 471.90M | $14.84B | — | −1 |
| Q1 2025 | 16 | +1 | 326.03M | $10.05B | +1 | — |
| Q4 2024 | 15 | -1 | 352.63M | $10.89B | — | −1 |
| Q3 2024 | 16 | 0 | 361.88M | $12.02B | — | — |
| Q2 2024 | 16 | — | 370.70M | $13.21B | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Capital World Investors ✦ | 197.68M | -1.1% | $9.64B | 1.3% | ▼ Trim | 8 | SEC ↗ |
| 2 | Capital Research Global Investors | 164.43M | +12.4% | $8.02B | 1.2% | ▲ Add | 2 | SEC ↗ |
| 3 | Royal Bank Of Canada | 124.81M | +10.7% | $6.08B | 1.2% | ▲ Add | 2 | SEC ↗ |
| 4 | Royal Bank Of Canada | 124.81M | +10.7% | $6.08B | 1.2% | ▲ Add | 2 | SEC ↗ |
| 5 | Royal Bank Of Canada | 124.81M | +10.7% | $6.08B | 1.2% | ▲ Add | 2 | SEC ↗ |
| 6 | Royal Bank Of Canada | 124.81M | +10.7% | $6.08B | 1.2% | ▲ Add | 2 | SEC ↗ |
| 7 | Royal Bank Of Canada | 124.81M | +10.7% | $6.08B | 1.2% | ▲ Add | 2 | SEC ↗ |
| 8 | Royal Bank Of Canada | 124.81M | +10.7% | $6.08B | 1.2% | ▲ Add | 2 | SEC ↗ |
| 9 | Royal Bank Of Canada | 124.81M | +10.7% | $6.08B | 1.2% | ▲ Add | 2 | SEC ↗ |
| 10 | Royal Bank Of Canada | 124.81M | +10.7% | $6.08B | 1.2% | ▲ Add | 2 | SEC ↗ |
| 11 | Royal Bank Of Canada | 124.81M | +10.7% | $6.08B | 1.2% | ▲ Add | 2 | SEC ↗ |
| 12 | Royal Bank Of Canada | 124.81M | +10.7% | $6.08B | 1.2% | ▲ Add | 2 | SEC ↗ |
| 13 | Royal Bank Of Canada | 124.81M | +10.7% | $6.08B | 1.2% | ▲ Add | 2 | SEC ↗ |
| 14 | Royal Bank Of Canada | 124.81M | +10.7% | $6.08B | 1.2% | ▲ Add | 2 | SEC ↗ |
| 15 | Royal Bank Of Canada | 124.81M | +10.7% | $6.08B | 1.2% | ▲ Add | 2 | SEC ↗ |
| 16 | Royal Bank Of Canada | 124.81M | +10.7% | $6.08B | 1.2% | ▲ Add | 2 | SEC ↗ |
| 17 | Fidelity (FMR) ✦ | 85.20M | -6.6% | $4.16B | 0.2% | ▼ Trim | 4 | SEC ↗ |
| 18 | Fidelity (FMR) ✦ | 85.20M | -6.6% | $4.16B | 0.2% | ▼ Trim | 4 | SEC ↗ |
| 19 | Fidelity (FMR) ✦ | 85.20M | -6.6% | $4.16B | 0.2% | ▼ Trim | 4 | SEC ↗ |
| 20 | Fidelity (FMR) ✦ | 85.20M | -6.6% | $4.16B | 0.2% | ▼ Trim | 4 | SEC ↗ |
| 21 | Fidelity (FMR) ✦ | 85.20M | -6.6% | $4.16B | 0.2% | ▼ Trim | 4 | SEC ↗ |
| 22 | Bank Of Montreal /Can/ | 63.90M | -8.0% | $3.12B | 1.3% | ▼ Trim | 2 | SEC ↗ |
| 23 | Bank Of Montreal /Can/ | 63.90M | -8.0% | $3.12B | 1.3% | ▼ Trim | 2 | SEC ↗ |
| 24 | Bank Of Montreal /Can/ | 63.90M | -8.0% | $3.12B | 1.3% | ▼ Trim | 2 | SEC ↗ |
| 25 | Bank Of Montreal /Can/ | 63.90M | -8.0% | $3.12B | 1.3% | ▼ Trim | 2 | SEC ↗ |
| 26 | Bank Of Montreal /Can/ | 63.90M | -8.0% | $3.12B | 1.3% | ▼ Trim | 2 | SEC ↗ |
| 27 | Bank Of Montreal /Can/ | 63.90M | -8.0% | $3.12B | 1.3% | ▼ Trim | 2 | SEC ↗ |
| 28 | Bank Of Montreal /Can/ | 63.90M | -8.0% | $3.12B | 1.3% | ▼ Trim | 2 | SEC ↗ |
| 29 | Bank Of Montreal /Can/ | 63.90M | -8.0% | $3.12B | 1.3% | ▼ Trim | 2 | SEC ↗ |
| 30 | Bank Of Montreal /Can/ | 63.90M | -8.0% | $3.12B | 1.3% | ▼ Trim | 2 | SEC ↗ |
| 31 | Bank Of Montreal /Can/ | 63.90M | -8.0% | $3.12B | 1.3% | ▼ Trim | 2 | SEC ↗ |
| 32 | Vanguard Capital Management Llc | 58.03M | — | $2.83B | 0.1% | n/c | 1 | SEC ↗ |
| 33 | Fisher Asset Management ✦ | 45.02M | +5.3% | $2.19B | 0.7% | ▲ Add | 8 | SEC ↗ |
| 34 | Cibc World Market Inc. | 44.89M | +1.7% | $2.19B | 3.8% | ▲ Add | 2 | SEC ↗ |
| 35 | Canada Pension Plan Investment Board | 40.28M | -1.8% | $1.97B | 1.3% | ▼ Trim | 2 | SEC ↗ |
| 36 | Td Asset Management Inc | 39.94M | +5.3% | $1.94B | 1.6% | ▲ Add | 2 | SEC ↗ |
| 37 | Td Asset Management Inc | 39.94M | +5.3% | $1.94B | 1.6% | ▲ Add | 2 | SEC ↗ |
| 38 | Healthcare Of Ontario Pension Plan… | 37.46M | +10.0% | $1.83B | 3.0% | ▲ Add | 2 | SEC ↗ |
| 39 | Toronto Dominion Bank | 33.16M | +79.1% | $1.62B | 3.1% | ▲ Add | 2 | SEC ↗ |
| 40 | Toronto Dominion Bank | 33.16M | +79.1% | $1.62B | 3.1% | ▲ Add | 2 | SEC ↗ |
| 41 | Toronto Dominion Bank | 33.16M | +79.1% | $1.62B | 3.1% | ▲ Add | 2 | SEC ↗ |
| 42 | Toronto Dominion Bank | 33.16M | +79.1% | $1.62B | 3.1% | ▲ Add | 2 | SEC ↗ |
| 43 | Toronto Dominion Bank | 33.16M | +79.1% | $1.62B | 3.1% | ▲ Add | 2 | SEC ↗ |
| 44 | Arrowstreet Capital ✦ | 28.96M | New | $1.41B | 0.8% | New | 1 | SEC ↗ |
| 45 | 1832 Asset Management L.P. | 27.94M | -11.3% | $1.36B | 1.8% | ▼ Trim | 2 | SEC ↗ |
| 46 | Mackenzie Financial Corp | 27.43M | -11.3% | $1.34B | 1.6% | ▼ Trim | 2 | SEC ↗ |
| 47 | Manufacturers Life Insurance… | 26.75M | -7.5% | $1.30B | 1.1% | ▼ Trim | 2 | SEC ↗ |
| 48 | Goldman Sachs Group ✦ | 26.16M | +583.4% | $1.27B | 0.2% | ▲ Add | 3 | SEC ↗ |
| 49 | Goldman Sachs Group ✦ | 26.16M | +583.4% | $1.27B | 0.2% | ▲ Add | 3 | SEC ↗ |
| 50 | Goldman Sachs Group ✦ | 26.16M | +583.4% | $1.27B | 0.2% | ▲ Add | 3 | SEC ↗ |
| 51 | Goldman Sachs Group ✦ | 26.16M | +583.4% | $1.27B | 0.2% | ▲ Add | 3 | SEC ↗ |
| 52 | Goldman Sachs Group ✦ | 26.16M | +583.4% | $1.27B | 0.2% | ▲ Add | 3 | SEC ↗ |
| 53 | T. Rowe Price ✦ | 23.01M | +240.8% | $1.12B | 0.1% | ▲ Add | 8 | SEC ↗ |
| 54 | T. Rowe Price ✦ | 23.01M | +240.8% | $1.12B | 0.1% | ▲ Add | 8 | SEC ↗ |
| 55 | Geode Capital Management ✦ (passive) | 21.33M | +3.9% | $1.06B | 0.1% | ▲ Add | 8 | SEC ↗ |
| 56 | Geode Capital Management ✦ (passive) | 21.33M | +3.9% | $1.06B | 0.1% | ▲ Add | 8 | SEC ↗ |
| 57 | GQG Partners LLC | 17.56M | New | $853.65M | 1.4% | New | 1 | SEC ↗ |
| 58 | GQG Partners LLC | 17.56M | New | $853.65M | 1.4% | New | 1 | SEC ↗ |
| 59 | JPMorgan Chase ✦ | 16.08M | +12.4% | $793.88M | 0.1% | ▲ Add | 3 | SEC ↗ |
| 60 | JPMorgan Chase ✦ | 16.08M | +12.4% | $793.88M | 0.1% | ▲ Add | 3 | SEC ↗ |
| 61 | JPMorgan Chase ✦ | 16.08M | +12.4% | $793.88M | 0.1% | ▲ Add | 3 | SEC ↗ |
| 62 | JPMorgan Chase ✦ | 16.08M | +12.4% | $793.88M | 0.1% | ▲ Add | 3 | SEC ↗ |
| 63 | JPMorgan Chase ✦ | 16.08M | +12.4% | $793.88M | 0.1% | ▲ Add | 3 | SEC ↗ |
| 64 | JPMorgan Chase ✦ | 16.08M | +12.4% | $793.88M | 0.1% | ▲ Add | 3 | SEC ↗ |
| 65 | JPMorgan Chase ✦ | 16.08M | +12.4% | $793.88M | 0.1% | ▲ Add | 3 | SEC ↗ |
| 66 | JPMorgan Chase ✦ | 16.08M | +12.4% | $793.88M | 0.1% | ▲ Add | 3 | SEC ↗ |
| 67 | JPMorgan Chase ✦ | 16.08M | +12.4% | $793.88M | 0.1% | ▲ Add | 3 | SEC ↗ |
| 68 | JPMorgan Chase ✦ | 16.08M | +12.4% | $793.88M | 0.1% | ▲ Add | 3 | SEC ↗ |
| 69 | JPMorgan Chase ✦ | 16.08M | +12.4% | $793.88M | 0.1% | ▲ Add | 3 | SEC ↗ |
| 70 | JPMorgan Chase ✦ | 16.08M | +12.4% | $793.88M | 0.1% | ▲ Add | 3 | SEC ↗ |
| 71 | JPMorgan Chase ✦ | 16.08M | +12.4% | $793.88M | 0.1% | ▲ Add | 3 | SEC ↗ |
| 72 | JPMorgan Chase ✦ | 16.08M | +12.4% | $793.88M | 0.1% | ▲ Add | 3 | SEC ↗ |
| 73 | CIBC Asset Management Inc | 15.70M | -7.7% | $766.39M | 1.9% | ▼ Trim | 2 | SEC ↗ |
| 74 | TD Waterhouse Canada Inc. | 16.15M | +138.9% | $739.53M | 2.2% | ▲ Add | 2 | SEC ↗ |
| 75 | National Bank Of Canada /Fi/ | 12.00M | -35.3% | $579.58M | 0.6% | ▼ Trim | 2 | SEC ↗ |
| 76 | National Bank Of Canada /Fi/ | 12.00M | -35.3% | $579.58M | 0.6% | ▼ Trim | 2 | SEC ↗ |
| 77 | National Bank Of Canada /Fi/ | 12.00M | -35.3% | $579.58M | 0.6% | ▼ Trim | 2 | SEC ↗ |
| 78 | National Bank Of Canada /Fi/ | 12.00M | -35.3% | $579.58M | 0.6% | ▼ Trim | 2 | SEC ↗ |
| 79 | FIL Ltd | 11.75M | +10.9% | $573.27M | 0.4% | ▲ Add | 2 | SEC ↗ |
| 80 | FIL Ltd | 11.75M | +10.9% | $573.27M | 0.4% | ▲ Add | 2 | SEC ↗ |
| 81 | FIL Ltd | 11.75M | +10.9% | $573.27M | 0.4% | ▲ Add | 2 | SEC ↗ |
| 82 | Morgan Stanley ✦ | 10.19M | -6.9% | $496.66M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 83 | Morgan Stanley ✦ | 10.19M | -6.9% | $496.66M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 84 | Morgan Stanley ✦ | 10.19M | -6.9% | $496.66M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 85 | Morgan Stanley ✦ | 10.19M | -6.9% | $496.66M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 86 | Morgan Stanley ✦ | 10.19M | -6.9% | $496.66M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 87 | Morgan Stanley ✦ | 10.19M | -6.9% | $496.66M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 88 | Morgan Stanley ✦ | 10.19M | -6.9% | $496.66M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 89 | Morgan Stanley ✦ | 10.19M | -6.9% | $496.66M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 90 | Morgan Stanley ✦ | 10.19M | -6.9% | $496.66M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 91 | Morgan Stanley ✦ | 10.19M | -6.9% | $496.66M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 92 | Dimensional Fund Advisors Lp | 9.41M | -1.5% | $458.61M | 0.1% | ▼ Trim | 2 | SEC ↗ |
| 93 | Dimensional Fund Advisors Lp | 9.41M | -1.5% | $458.61M | 0.1% | ▼ Trim | 2 | SEC ↗ |
| 94 | Dimensional Fund Advisors Lp | 9.41M | -1.5% | $458.61M | 0.1% | ▼ Trim | 2 | SEC ↗ |
| 95 | Dimensional Fund Advisors Lp | 9.41M | -1.5% | $458.61M | 0.1% | ▼ Trim | 2 | SEC ↗ |
| 96 | Capital International Investors | 9.11M | +466.0% | $444.46M | 0.1% | ▲ Add | 2 | SEC ↗ |
| 97 | Wellington Management ✦ | 8.37M | -12.3% | $408.02M | 0.1% | ▼ Trim | 8 | SEC ↗ |
| 98 | Wellington Management ✦ | 8.37M | -12.3% | $408.02M | 0.1% | ▼ Trim | 8 | SEC ↗ |
| 99 | Wellington Management ✦ | 8.37M | -12.3% | $408.02M | 0.1% | ▼ Trim | 8 | SEC ↗ |
| 100 | Wellington Management ✦ | 8.37M | -12.3% | $408.02M | 0.1% | ▼ Trim | 8 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| Arrowstreet Capital | $1.41B | 0.8% |
| GQG Partners LLC | $853.65M | 1.4% |
| GQG Partners LLC | $853.65M | 1.4% |
Exited
| Nomura Asset Management… | $20.10M | was 0.0% |
| Point72 Asset Management | $8.13M | was 0.0% |
| Mitsubishi UFJ Trust &… | $287,826 | was 0.0% |
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.