Canadian National Railway Ownership | Who Owns Canadian National Railway?


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Canadian National Railway Ownership Summary


Canadian National Railway is owned by 65.30% institutional investors, 2.72% insiders, and 31.98% retail investors. Bill & melinda gates foundation trust is the largest institutional shareholder, holding 8.26% of CNI shares. Vanguard Dividend Growth Inv is the top mutual fund, with 1.52% of its assets in Canadian National Railway shares.

CNI Ownership Benchmark


TypeName% Inst% Insiders% Retail
StockCanadian National Railway65.30%2.72%31.98%
SectorIndustrials Stocks 46.77%12.62%40.60%

Institutional Shareholders


Top Institutional Shareholders by Total Shares

HolderShares% HoldingValue
Bill & melinda gates foundation trust51.83M8.26%$4.89B
Royal bank of canada26.83M4.28%$2.53B
Vanguard group24.30M3.87%$2.29B
Tci fund management18.77M2.99%$1.77B
Bank of montreal /can/14.20M2.26%$1.34B
Caisse de depot et placement du quebec13.89M2.21%$1.31B
Wellington management group llp11.68M1.86%$1.10B
Massachusetts financial services co /ma/11.66M1.86%$1.10B
Td asset management11.46M1.83%$1.08T
Fil10.54M1.68%$993.50B

Top Institutional Shareholders by % of Total Assets

HolderShares% AssetsValue
Bill & melinda gates foundation trust51.83M13.36%$4.89B
Foresight global investors155.60K8.71%$14.67M
Troy asset management2.74M6.63%$258.22M
Louisbourg investments302.14K6.22%$28.48M
Dkrt investments235.00K5.32%$22.16M
Immersion capital llp53.63K5.20%$5.06M
Scheer, rowlett & associates investment management880.19K4.95%$82.98M
Qv investors585.55K4.78%$55.23M
Value partners investments601.92K4.63%$56.75M
Jarislowsky, fraser8.87M4.60%$836.76M

Top Buyers

HolderShares% AssetsChange
Fil10.54M0.78%5.81M
Norges bank5.55M0.07%5.55M
Clearbridge investments3.50M0.25%2.19M
Price t rowe associates inc /md/7.94M0.08%1.78M
Deutsche bank ag\7.82M0.25%1.76M

Top Sellers

HolderShares% AssetsChange
Wellington management group llp11.68M0.19%-10.83M
Tci fund management18.77M3.36%-4.22M
Egerton capital (uk) llp---4.07M
Bill & melinda gates foundation trust51.83M13.36%-3.00M
Kingstone capital partners texas---2.69M

New Positions

HolderShares% AssetsChangeValue
Norges bank5.55M0.07%5.55M$563.05M
Bornite capital management lp500.00K4.38%500.00K$47.15M
Lighthouse investment partners158.80K0.45%158.80K$14.97M
Axa investment managers115.49K0.03%115.49K$10.89M
Ninepoint partners lp52.44K0.65%52.44K$4.94M

Sold Out

HolderChange
Vision financial markets-1.00
Perkins coie trust-2.00
Van hulzen asset management-3.00
Albion financial group /ut-4.00
Td capital management-5.00

Institutional Ownership Trends


DateHoldingsChange %SharesChange %OwnershipChange %Increased PositionChange %Decreased PositionChange %
Sep 30, 2025750-9.31%409,667,613-3.39%651.43%287-19.83%2770.36%
Jun 30, 2025830-1.66%429,931,1621.82%681.51%3617.76%276-10.97%
Mar 31, 202510-98.85%1,761,699-99.58%-0.01%5-98.54%2-99.40%
Dec 31, 2024840-4.00%421,646,574-0.03%661.51%323-7.18%3278.28%
Sep 30, 2024862-1.15%421,430,224-4.07%661.41%3444.56%296-6.33%

Top Mutual Funds Shareholders


HolderShares% HoldingChange
Vanguard Dividend Growth Inv9.46M1.52%-70.80K
Vanguard Total Intl Stock Index Inv8.08M1.29%2.99K
Vanguard Equity-Income Inv5.17M0.83%3.17M
Vanguard Developed Markets Index Admiral5.08M0.81%49.64K
RBC Canadian Dividend Fund A4.69M0.75%-
Vanguard Instl Ttl Intl Stk Mkt Idx TrII4.17M0.67%2.53K
TD Dividend Growth - I3.40M0.54%-
Scotia Canadian Dividend A3.35M0.54%-468.90K
iShares S&P/TSX 60 ETF2.93M0.47%-
T. Rowe Price International Gr Eq SMA2.80M0.45%2.80M

CNI Ownership FAQ


Who owns the most shares of Canadian National Railway?

Canadian National Railway’s largest shareholders are Bill & melinda gates foundation trust (51.83M shares, 8.26%), Royal bank of canada (26.83M shares, 4.28%), and Vanguard group (24.3M shares, 3.87%). Together, they hold 16.41% of Canadian National Railway’s total shares outstanding.

Does Blackrock own Canadian National Railway?

BlackRock is not among the top 10 institutional shareholders of Canadian National Railway.

Who is Canadian National Railway’s biggest shareholder by percentage of total assets invested?

Bill & melinda gates foundation trust is Canadian National Railway’s biggest shareholder by percentage of total assets invested, with 13.36% of its assets in 51.83M Canadian National Railway shares, valued at 4.89B$.

Who is the top mutual fund holder of Canadian National Railway shares?

Vanguard Dividend Growth Inv is the top mutual fund holder of Canadian National Railway shares, with 1.52% of its total shares outstanding invested in 9.46M Canadian National Railway shares.

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