Who owns Canadian National Railway?What is institutional ownership? Institutional ownership is the share of a company's stock held by funds, banks and other investment managers, as they report it each quarter on Form 13F.
Institutions own 66.4% of Canadian National Railway's shares, through 876 funds, banks and other managers that report their holdings to the SEC; individual investors and others hold the rest. The largest on 30 June 2026 were Gates Foundation Trust (8.5%), Royal Bank Of Canada (5.1%), Fil Ltd (3.2%).
- Institutions ownWhat is institutional ownership? Institutional ownership is the share of a company's stock held by funds, banks and other investment managers, as they report it each quarter on Form 13F.
- 66.4%
- Institutional holders
- 876
- The 10 largest hold
- 32.4%
- Free floatWhat is free float? Free float is the part of a company's shares that anyone can buy and sell: all its shares minus those held by insiders, founders and owners of over 5%.
- 99.9%
- Holdings as of
- 30 Jun 2026
Who owns the shares
Shares free to trade
Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.
The largest shareholders
| # | Holder | Shares | Of the company | Value | Change last quarter (shares) |
|---|---|---|---|---|---|
| 1 | Gates Foundation Trust | 51,826,786 | 8.55% | 6.18B USD | 0 |
| 2 | Royal Bank Of Canada | 31,156,081 | 5.14% | 3.72B USD | +3,646,856 |
| 3 | Fil Ltd | 19,129,315 | 3.15% | 2.28B USD | +2,288,097 |
| 4 | Caisse De Depot Et Placement Du Quebec | 18,962,558 | 3.13% | 2.26B USD | +178,385 |
| 5 | 1832 Asset Management L.P. | 16,518,344 | 2.72% | 1.97B USD | -2,164,896 |
| 6 | Vanguard Capital Management LLC | 15,918,701 | 2.62% | 1.90B USD | +120,099 |
| 7 | Bank Of Montreal /can/ | 14,841,305 | 2.45% | 1.77B USD | +845,548 |
| 8 | Td Asset Management Inc | 9,907,691 | 1.63% | 1.18B USD | -2,223,622 |
| 9 | Tci Fund Management Ltd | 9,433,422 | 1.56% | 1.12B USD | -416,512 |
| 10 | Mackenzie Financial Corp | 8,939,323 | 1.47% | 1.51B USD | +163,017 |
| 11 | Wellington Management Group LLP | 8,537,192 | 1.41% | 1.02B USD | -2,985,994 |
| 12 | Cibc Asset Management Inc | 6,861,848 | 1.13% | 819.90M USD | +3,193,207 |
| 13 | National Bank Of Canada | 6,761,268 | 1.11% | 805.31M USD | +76,139 |
| 14 | Deutsche Bank Ag\ | 6,062,146 | 1.00% | 722.85M USD | -1,142,973 |
| 15 | Price T Rowe Associates Inc | 6,052,322 | 1.00% | 721.68M USD | -424,251 |
| 16 | Clearbridge Investments, LLC | 5,964,425 | 0.98% | 711.20M USD | +711,429 |
| 17 | Geode Capital Management, LLC | 5,829,986 | 0.96% | 706.75M USD | +607,775 |
| 18 | Norges Bank | 5,695,165 | 0.94% | 678.97M USD | New position |
| 19 | Connor, Clark & Lunn Investment Management Ltd. | 5,674,241 | 0.94% | 676.36M USD | +1,099,056 |
| 20 | Fiera Capital Corp | 5,406,877 | 0.89% | 643.97M USD | -784,633 |
| 21 | Harding Loevner LP | 5,390,831 | 0.89% | 648.39M USD | +2,549,371 |
| 22 | Manufacturers Life Insurance Company, The | 5,303,746 | 0.87% | 631.68M USD | +899,494 |
| 23 | Arrowstreet Capital, Limited Partnership | 5,152,780 | 0.85% | 614.36M USD | +424,278 |
| 24 | Cibc World Market Inc. | 5,025,832 | 0.83% | 602.20M USD | -73,565 |
| 25 | Vanguard Fiduciary Trust Co | 4,816,343 | 0.79% | 574.77M USD | +21,121 |
All institutions last quarter
- Bought or added
- 482 · 90 new
- Sold or cut
- 335 · 72 sold out
- Net shares bought
- +4.74M · 564.78M USD
- Institutional ownership
- 65.6% → 66.4%
Biggest buyers last quarter
- Norges BankNew position
- Royal Bank Of Canada+3,646,856
- Cibc Asset Management Inc+3,193,207
- Harding Loevner LP+2,549,371
- Fil Ltd+2,288,097
Biggest sellers last quarter
- Lazard Asset Management LLC-5,165,999
- Wellington Management Group LLP-2,985,994
- Massachusetts Financial Services Co-2,333,392
- Td Asset Management Inc-2,223,622
- 1832 Asset Management L.P.-2,164,896
From the holders' 13F filings with the SEC for the quarter to 30 Jun 2026, filed up to 45 days after it; the buyers and sellers are among the 100 largest holders.
Common questions about Canadian National Railway's shareholders
Source: Financial Modeling PrepVerified against SEC filings
