CANADIAN NATURAL RESOURCES LTD - Common Stock (CNQ) Institutional Ownership

13F Institutional Holders and Ownership History from Q1 2014 to Q4 2025

Type / Class
Equity / Common Stock
Symbol
CNQ on NYSE
Shares outstanding
2,100,503,830
Price per share
$33.85
All holders as of 30 Sep 2025
Q3 2025
Total 13F shares
1,462,021,526
Total reported value
$46,801,478,738
% of total 13F portfolios
0.02%
Share change
-18,575,867
Value change
-$593,038,819
Number of holders
625
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of CANADIAN NATURAL RESOURCES LTD - Common Stock (CNQ) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
Capital World Investors 10% $6,152,285,000 209,832,367 Capital World Investors 31 Mar 2025
Capital Research Global Investors 5.3% $3,573,587,166 111,326,703 Capital Research Global Investors 30 Jun 2025

As of 30 Sep 2025, 625 institutional investors reported holding 1,462,021,526 shares of CANADIAN NATURAL RESOURCES LTD - Common Stock (CNQ). This represents 70% of the company’s total 2,100,503,830 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of CANADIAN NATURAL RESOURCES LTD - Common Stock (CNQ) together control 56% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
Capital World Investors 9.7% 203,333,939 -2.7% 0.89% $6,501,549,019
ROYAL BANK OF CANADA 6.4% 133,682,522 +10% 0.76% $4,272,493,000
Capital Research Global Investors 5.3% 111,264,193 -0.06% 0.67% $3,557,614,637
VANGUARD GROUP INC 4.4% 92,486,389 +1.9% 0.04% $2,957,252,288
BANK OF MONTREAL /CAN/ 3.8% 80,268,670 -13% 1.1% $2,566,043,617
FMR LLC 3.7% 76,913,244 +4.8% 0.13% $2,459,217,863
Fisher Asset Management, LLC 2% 41,403,027 -14% 0.48% $1,323,240,784
T. Rowe Price Investment Management, Inc. 2% 41,359,027 -15% 0.81% $1,321,835,000
CANADA PENSION PLAN INVESTMENT BOARD 2% 41,159,707 +8.9% 0.92% $1,315,801,091
TD Asset Management Inc 1.9% 38,935,264 -6.4% 1% $1,245,234,475
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 1.6% 34,320,000 +130% 2% $1,097,155,172
TORONTO DOMINION BANK 1.5% 31,613,726 +124% 2% $1,010,792,867
MACKENZIE FINANCIAL CORP 1.5% 31,019,189 -2.5% 1.2% $991,633,425
1832 Asset Management L.P. 1.5% 30,922,811 -1.2% 1.7% $988,293,040
MANUFACTURERS LIFE INSURANCE COMPANY, THE 1.4% 30,329,005 +11% 0.8% $969,986,787
CIBC WORLD MARKET INC. 1.1% 22,808,559 -25% 1.5% $729,152,928
YACKTMAN ASSET MANAGEMENT LP 1% 20,908,511 -5.5% 9.2% $668,236,012
CIBC Asset Management Inc 0.96% 20,251,436 -5.1% 1.9% $649,192,470
GOLDMAN SACHS GROUP INC 0.92% 19,286,795 -35% 0.09% $616,405,959
GEODE CAPITAL MANAGEMENT, LLC 0.91% 19,170,777 +12% 0.04% $624,318,667
FIL Ltd 0.71% 14,883,400 -31% 0.37% $475,900,912
JPMORGAN CHASE & CO 0.67% 14,047,793 -0.32% 0.03% $448,967,495
NATIONAL BANK OF CANADA /FI/ 0.61% 12,776,448 -36% 0.46% $408,221,815
MORGAN STANLEY 0.53% 11,234,585 +4.3% 0.02% $359,057,385
WELLINGTON MANAGEMENT GROUP LLP 0.48% 9,995,647 -4.1% 0.06% $319,477,526

Institutional Holders of CANADIAN NATURAL RESOURCES LTD - Common Stock (CNQ) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 7,194,850 $243,642,730 -$4,959,221 $33.85 51
2025 Q3 1,462,021,526 $46,801,478,738 -$593,038,819 $31.96 625
2025 Q2 1,480,617,715 $46,575,771,117 -$1,735,526,115 $31.40 612
2025 Q1 1,534,491,049 $47,258,491,153 +$2,357,748,814 $30.80 616
2024 Q4 1,456,885,597 $44,994,571,550 -$1,651,332,786 $30.87 616
2024 Q3 1,509,773,990 $50,219,713,821 -$1,523,994,654 $33.21 613
2024 Q2 1,551,967,736 $55,304,448,580 +$26,267,139,751 $35.60 596
2024 Q1 800,750,668 $61,106,961,307 +$668,797,322 $76.32 585
2023 Q4 792,478,487 $51,968,779,035 -$1,144,405,206 $65.52 552
2023 Q3 809,306,696 $52,397,635,567 +$596,316,432 $64.67 523
2023 Q2 800,119,094 $45,045,327,250 -$614,121,242 $56.26 487
2023 Q1 811,929,965 $44,953,522,246 -$49,720,733 $55.35 494
2022 Q4 810,648,654 $45,022,326,433 +$1,215,885,494 $55.53 485
2022 Q3 786,598,529 $36,674,405,795 -$1,179,284,111 $46.57 434
2022 Q2 811,747,801 $43,642,211,519 -$258,831,518 $53.68 440
2022 Q1 817,660,192 $50,680,828,105 +$1,338,941,412 $61.98 432
2021 Q4 782,282,960 $33,111,666,161 -$126,329,221 $42.25 396
2021 Q3 794,013,405 $29,032,317,927 +$315,794,572 $36.54 367
2021 Q2 785,819,837 $28,438,461,364 -$29,173,653 $36.28 351
2021 Q1 790,030,544 $24,411,693,866 +$476,912,084 $30.87 328
2020 Q4 777,759,828 $18,763,796,174 -$68,946,643 $24.05 313
2020 Q3 787,396,276 $12,614,364,866 -$214,595,460 $16.01 294
2020 Q2 793,080,146 $13,757,116,994 -$154,777,665 $17.43 294
2020 Q1 802,858,098 $10,907,841,491 -$199,748,272 $13.55 280
2019 Q4 801,903,713 $25,942,131,365 +$398,399,644 $32.35 329
2019 Q3 782,026,225 $20,831,737,223 -$57,196,295 $26.63 317
2019 Q2 780,898,471 $21,099,648,894 -$202,018,037 $26.97 340
2019 Q1 788,468,467 $21,681,958,181 -$331,068,665 $27.50 354
2018 Q4 798,796,249 $19,274,807,391 -$464,313,511 $24.13 331
2018 Q3 810,020,420 $26,405,667,354 -$487,184,390 $32.66 380
2018 Q2 821,931,507 $29,638,961,254 +$3,147,630,928 $36.07 382
2018 Q1 742,017,596 $23,342,339,298 +$190,508,981 $31.46 365
2017 Q4 736,164,891 $26,330,676,497 +$377,231,805 $35.72 353
2017 Q3 729,629,556 $24,418,606,628 +$285,275,084 $33.49 330
2017 Q2 715,413,575 $20,637,133,860 -$479,737,289 $28.84 331
2017 Q1 735,632,421 $24,098,108,871 -$530,199,281 $32.79 318
2016 Q4 751,460,935 $24,012,313,156 -$303,895,589 $31.88 316
2016 Q3 758,396,683 $24,254,602,436 -$109,429,267 $32.04 307
2016 Q2 758,202,200 $23,355,350,702 +$565,760,130 $30.83 304
2016 Q1 732,505,042 $19,808,105,600 +$264,069,793 $27.00 300
2015 Q4 737,316,564 $16,087,091,333 -$355,552,741 $21.83 290
2015 Q3 752,244,166 $14,640,262,033 +$365,786,806 $19.45 310
2015 Q2 722,851,201 $19,685,012,488 +$231,724,917 $27.16 325
2015 Q1 717,203,755 $21,999,027,868 +$680,719,104 $30.70 337
2014 Q4 707,567,029 $21,978,635,591 +$194,277,005 $30.88 356
2014 Q3 689,658,665 $26,855,547,153 -$162,481,117 $38.84 376
2014 Q2 692,663,183 $31,883,907,303 +$693,525,433 $45.91 395
2014 Q1 659,061,423 $25,410,358,301 -$278,531,911 $38.37 356