CNI

Canadian National Railway
D

CNI

Arincen67/100B

Who owns Canadian National Railway?

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 own
66.4%
Institutional holders
876
The 10 largest hold
32.4%
Free float
99.9%
Holdings as of
30 Jun 2026

Who owns the shares

10 largest holders 32.4% Other institutions 34.0% Individuals and others 33.6%

Shares free to trade

Free float 599.39M shares ·99.9% Closely held 311.84K shares ·0.1%

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

#HolderSharesOf the companyValueChange last quarter (shares)
1Gates Foundation Trust51,826,7868.55%6.18B USD0
2Royal Bank Of Canada31,156,0815.14%3.72B USD+3,646,856
3Fil Ltd19,129,3153.15%2.28B USD+2,288,097
4Caisse De Depot Et Placement Du Quebec18,962,5583.13%2.26B USD+178,385
51832 Asset Management L.P.16,518,3442.72%1.97B USD-2,164,896
6Vanguard Capital Management LLC15,918,7012.62%1.90B USD+120,099
7Bank Of Montreal /can/14,841,3052.45%1.77B USD+845,548
8Td Asset Management Inc9,907,6911.63%1.18B USD-2,223,622
9Tci Fund Management Ltd9,433,4221.56%1.12B USD-416,512
10Mackenzie Financial Corp8,939,3231.47%1.51B USD+163,017

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