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CANADIAN NATURAL RESOURCES Ltd · 13F filings

CNQ Institutional Ownership

Holdings as of Jun 30, 2026From SEC Form 13FUpdated

Who owns CANADIAN NATURAL RESOURCES Ltd and what the big funds did with it last quarter, from every SEC 13F filing. 749 funds reported holding CNQ at Jun 30, 2026.

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Fund sentiment
Bullish
Strongly bearishNeutralStrongly bullish
  • ▲378 buying vs 321 selling
  • ▼Shares held by funds -4.9%
  • ●Funds holding +2
  • ▲Superinvestors: 4 added, 0 cut
  • ▲Put/call 1.03 to 0.80

What the filings show, not a forecast. Positions can be up to 45 days old and leave out short sales.

Funds holding749+2 vs Q1 2026
Held by funds–of shares outstanding
Value held$59.8B1.5B shares
Put/call ratio0.80down from 1.03

Funds holding and ownership

8 quarters
Q3 2024: 623 fundsQ3 '24Q4 2024: 630 fundsQ4 '24Q1 2025: 627 fundsQ1 '25Q2 2025: 623 fundsQ2 '25Q3 2025: 639 fundsQ3 '25Q4 2025: 677 fundsQ4 '25Q1 2026: 747 fundsQ1 '26Q2 2026: 749 fundsQ2 '26
Funds holding

Quarter over quarter

all 13F filers
Q2 2026This quarterQ1 2026Change
Funds holding749747+0.3%
In funds' top 102744−38.6%
13F shares1.5B1.58B−4.9%
Held by funds–––
New positions93130−28.5%
Increased285261+9.2%
Reduced239224+6.7%
Sold out8264+28.1%
Calls (shares)4M3.4M+17.8%
Puts (shares)3.3M4.1M−18.7%
Put/call ratio0.801.03−22.0%

Buyers vs sellers

adding or new vs cutting or sold out
Q4 2024: 274 buyingQ4 2024: 296 sellingQ4 '24Q1 2025: 325 buyingQ1 2025: 281 sellingQ1 '25Q2 2025: 318 buyingQ2 2025: 253 sellingQ2 '25Q3 2025: 314 buyingQ3 2025: 264 sellingQ3 '25Q4 2025: 327 buyingQ4 2025: 275 sellingQ4 '25Q1 2026: 391 buyingQ1 2026: 288 sellingQ1 '26Q2 2026: 378 buyingQ2 2026: 321 sellingQ2 '26
Buying 378Selling 321latest quarter

Superinvestors in CNQ

All superinvestors →

Who owns CNQ

share of fund held shares
  • Index and passive funds10.6%
  • Active managers and hedge funds54.6%
  • Banks and brokers27.9%
  • Pensions, insurers and other6.9%

The top 10 holders own 54.2% of all CNQ shares that funds reported. Groups are our own grouping of filers by name.

Put/call ratio

funds' options, market makers left out
1.00Q3 2024: 0.85Q3 '24Q4 2024: 0.97Q4 '24Q1 2025: 0.94Q1 '25Q2 2025: 0.97Q2 '25Q3 2025: 0.98Q3 '25Q4 2025: 1.01Q4 '25Q1 2026: 1.03Q1 '26Q2 2026: 0.80Q2 '260.80

Above 1 means funds hold more puts than calls, a sign of hedging or bets on a fall. Options are valued at the underlying shares.

Filed so far for Q3 2026

197 funds changed their position

🔒 Free account: see all 20.

Top holders

Q2 2026
#FundOf companySharesValueChange
1Capital World Investors–218M$8.6B+20.3M
2Royal Bank of Canada–138M$5.4B+12.8M
3Capital Research Global Investors–116M$4.6B−48.4M
4Bank of Montreal /can/–64.8M$2.6B+887K
5Fmr LLC–64.2M$2.5B−21M
6Vanguard Capital Management LLC–58.8M$2.3B+743K
7Goldman Sachs Group Inc–50.8M$2B+24.7M
8Canada Pension Plan Investment Board–38.6M$1.5B−1.6M
9TD Asset Management Inc–31.2M$1.2B−8.8M
10Healthcare of Ontario Pension Plan Trust Fund–30.8M$1.2B−6.7M
🔒 15 more top holders. Create a free account or sign in to see them.
Biggest buyers
Biggest sellers

CNQ institutional ownership FAQ

Who owns the most CNQ stock?

In Q2 2026 13F filings the largest holder of CNQ was Capital World Investors, followed by Royal Bank of Canada and Capital Research Global Investors. Index fund managers are usually the biggest holders of large companies.

What percentage of CNQ is owned by institutions?

749 funds reported holding 1.5B CNQ shares at Jun 30, 2026.

Are hedge funds buying CNQ?

In Q2 2026, 378 funds bought CNQ (93 of them new positions) and 321 sold (82 sold out completely). Among well known investors, 4 added and 0 cut. Our fund sentiment for CNQ is bullish.

What is CNQ's institutional put/call ratio?

Funds reported $153M of CNQ puts against $191M of calls, a put/call ratio of 0.80 (1.03 the quarter before). Market makers and bank trading desks are left out, since their options are mostly hedges.

How current is this CNQ ownership data?

13F filings show holdings at the end of each quarter and are due within 45 days, so positions can be up to six weeks old when they appear. We add each new filing within minutes, and the "filed so far" list shows funds that have already reported the next quarter.

For informational and educational purposes only. Not investment advice, and not a recommendation to buy or sell any security. Fund sentiment summarises what 13F filings show and is not a forecast. Holdings come from SEC Form 13F filings as reported and show positions at the end of the quarter, up to 45 days before the filing. A 13F leaves out short positions, cash, bonds and most foreign holdings. See all hedge fund holdings.