13FPulse
CN

CNQ CANADIAN NATURAL RESOURCES

2026Q2 · CUSIP 136385101 · Sector: Energy

Funds left

Funds are exiting, but the price is holding

Funds that own it
730
Institutions that reported holding it to the SEC
Net decrease in holders
13
Last quarter 743 → now 730
How unusual is that
Bottom 20%
Stronger than only 11% of US stocks
What the filings say, in one paragraph

730 funds held CNQ at the end of 2026Q2, down 13 from the quarter before. Buying has faded, though the price is holding up. CNQ has had 18 buying rushes in its history, and the price moved +9.1% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Energy sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2013Q3: holders=322 2013Q4: holders=336 2014Q1: holders=363 2014Q2: holders=395 2014Q3: holders=376 2014Q4: holders=361 2015Q1: holders=353 2015Q2: holders=344 2015Q3: holders=327 2015Q4: holders=304 2016Q1: holders=318 2016Q2: holders=317 2016Q3: holders=319 2016Q4: holders=327 2017Q1: holders=331 2017Q2: holders=346 2017Q3: holders=341 2017Q4: holders=369 2018Q1: holders=384 2018Q2: holders=398 2018Q3: holders=390 2018Q4: holders=352 2019Q1: holders=375 2019Q2: holders=364 2019Q3: holders=340 2019Q4: holders=344 2020Q1: holders=301 2020Q2: holders=310 2020Q3: holders=310 2020Q4: holders=330 2021Q1: holders=341 2021Q2: holders=366 2021Q3: holders=380 2021Q4: holders=422 2022Q1: holders=446 2022Q2: holders=455 2022Q3: holders=452 2022Q4: holders=500 2023Q1: holders=507 2023Q2: holders=502 2023Q3: holders=537 2023Q4: holders=563 2024Q1: holders=602 2024Q2: holders=614 2024Q3: holders=621 2024Q4: holders=629 2025Q1: holders=622 2025Q2: holders=620 2025Q3: holders=637 2025Q4: holders=674 2026Q1: holders=743 2026Q2: holders=730 -69 -34.5 +0 +34.5 +69 270526781 13Q315Q116Q318Q119Q321Q122Q324Q125Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 18 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q1 Top 5%
2025Q4 Top 20% +15.8%
2024Q1 Top 10% -3.9% -12.1%
2023Q3 Top 5% +0.0% +23.6%
2022Q4 Top 10% -2.8% +8.0%
2022Q2 Top 20% +20.4% +14.2%
2022Q1 Top 10% -7.5% +5.7%
2021Q4 Top 20% +14.2% +5.6%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
232
Change in large funds
+23
Total value they hold
$59.7B
Funds buying for the first time
98
Funds that sold out entirely
111
Price change that quarter
+1.2%
Funds holding puts (bearish)
20
Funds holding calls (bullish)
21

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.