$CNI

$123.28 +$0.13 (0.11%) Close

$CNI Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Ownership

13F as of Q2 2026 · 614.4M shares outstanding

Who owns CNI?

By type of holder

Institutions 65.6% Everyone else 34.4%

No insider has reported a holding in the last two years, so insiders are counted in "Everyone else".

Concentration Top 10 holders own 34.7%

Gates Foundation Trust 8.4% · Royal Bank Of Canada 5.1%

Institutional ownership

65.6%

+0.3 pts vs last qtr

Institutional holders

843

+14 vs last qtr

Net shares bought

+1.7M

by institutions in Q2 2026

New / sold out

88 / 74

positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026

Norges Bank NEW +5.7M
Royal Bank Of Canada +3.6M

Biggest sellers in Q2 2026

Lazard Asset Management LLC −5.2M
Wellington Management Group LLP −3.0M

Who is planning to sell?

Notices of proposed sale, last 12 months

$643K

1 notice from 1 person

Shares covered

6.5K

0.00% of the company

Arranged in advance

of the value is under a 10b5-1 plan

Under a 10b5-1 plan No plan

Largest proposed sellers

Derek M. Taylor Officer $643K

Every notice on Red Flags →

A Form 144 is notice of a planned sale, not the sale itself. What insiders actually sold is on Insider Transactions.

Is your stake being diluted?

There are not yet two fiscal years of reported share counts for Canadian National Railway Co.

How patient are the owners?

Institutional shares by how long they've been held

5+ years82% 3–5 years7% 1–3 years6% Under 1 year5%

Quarterly turnover

8.5%

of institutional shares changed hands

Top 10 managers, median time held

5 years

Super Investors

Investment managers reporting CNI on Form 13F

Holder	Shares	% of company	Change vs last qtr	Held since	% of their book
GF Gates Foundation Trust	51.8M	8.43%	Unchanged	≤2021	18.0%
Shares held by quarter Peak holding54.8M (Q3'24) Change over 8 quarters−3.0M Share of the company8.430% Gates Foundation Trust's full portfolio →
RB Royal Bank Of Canada	31.2M	5.07%	+3.6M (+13.3%)	≤2021	0.6%
Shares held by quarter Peak holding31.2M (Q2'26) Change over 8 quarters+5.4M Share of the company5.070% Royal Bank Of Canada's full portfolio →

Gates Foundation Trust

51.8M

% of company

8.43%

Change vs last qtr

Unchanged

Held since

≤2021

Royal Bank Of Canada

31.2M

% of company

5.07%

Change vs last qtr

+3.6M (+13.3%)

Held since

≤2021

28 more super investors behind a free account

See every manager holding Canadian National Railway Co, how their position has changed, and how long they've held it.

Institutional Funds

Mutual funds and ETFs reporting CNI on Form N-PORT; together they hold 9.5% of the company

Fund	Position value	Shares	% of company	% of the fund	As of
VT Vanguard Total International Stock Index Fund Vanguard Star Funds	$1.02B	8.0M	1.30%	0.16%	July 31, 2026
VD Vanguard Developed Markets Index Fund Vanguard Tax-Managed Funds	$634M	5.3M	0.86%	0.20%	June 30, 2026

Vanguard Total International Stock Index Fund

Vanguard Star Funds

Position value

$1.02B

% of company

1.30%

% of the fund

0.16%

As of

July 31, 2026

Vanguard Developed Markets Index Fund

Vanguard Tax-Managed Funds

Position value

$634M

% of company

0.86%

% of the fund

0.20%

As of

June 30, 2026

23 more funds behind a free account

See every fund holding Canadian National Railway Co and how much of the fund the position is.

Insiders and 5%+ holders

From Forms 3/4/5 and Schedules 13D/G

Holder	Shares	% of company	Change vs last qtr	8 quarters	Held since	% of their book
CH Christopher Hohn 5%+ holder 13D · 4.2%	26.2M	4.26%	—	—	—	—
This holder reports through Schedule 13D/G, not a quarterly 13F. Share of the company4.260% Disclosed stake13D · 4.2% View the 13D/G filing →

Christopher Hohn

5%+ holder13D · 4.2%

26.2M

% of company

4.26%

Change vs last qtr

—

Held since

—

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