Mar 31, 2026 filings. Quarterly 13F reports arrive up to 45 days after quarter end; this register is filed through May 29, 2026.
802 institutional managers reported holding CNI for the quarter ended Mar 31, 2026. Together they hold about 42% of shares outstanding; the top 10 hold 22%. 84 opened new positions; 76 closed out. Complete ranked register from SEC 13F filings.
| manager | shares | % out | value (Mar 31, 2026 close) | change | held since |
|---|---|---|---|---|---|
| Gates Foundation Trust (focused) | 51.83M | 5.47% | $5.32B | unchanged | ≤2013 |
| Royal Bank OF Canada | 27.51M | 2.90% | $2.83B | added +5.3% | ≤2013 |
| Vanguard Group | 24.36M | 2.57% | $2.50B | trimmed -1.3% | 2015 Q1 |
| Caisse de depot et placement du Quebec | 18.78M | 1.98% | $1.93B | added +35.2% | ≤2013 |
| 1832 Asset Management L.p. | 18.68M | 1.97% | $1.92B | unchanged | ≤2013 |
| FIL LTD | 16.84M | 1.78% | $1.73B | added +7% | 2018 Q2 |
| Bank OF Montreal /CAN/ | 14.00M | 1.48% | $1.44B | trimmed -1.3% | ≤2013 |
| TD Asset Management INC | 12.13M | 1.28% | $1.25B | added +6.7% | ≤2013 |
| Wellington Management | 11.52M | 1.22% | $1.18B | added +23.7% | ≤2013 |
| TCI Fund Management (focused) | 9.85M | 1.04% | $1.01B | unchanged | 2018 Q3 |
| Lazard Asset Management LLC | 9.08M | 0.96% | $932.6M | added +2% | ≤2013 |
| Mackenzie Financial CORP | 8.78M | 0.93% | $901.7M | trimmed -1.3% | ≤2013 |
| Deutsche Bank AG\ | 7.21M | 0.76% | $740.3M | trimmed -19.9% | 2013 Q3 |
| National Bank OF Canada /FI/ | 6.69M | 0.70% | $686.8M | unchanged | 2021 Q4 |
| T. Rowe Price | 6.48M | 0.68% | $665.4M | trimmed -19.4% | 2023 Q1 |
| Fiera Capital CORP | 6.19M | 0.65% | $636.1M | trimmed -6.9% | ≤2013 |
| Clearbridge Investments, LLC | 5.25M | 0.55% | $539.7M | added +17.2% | 2023 Q4 |
| Geode Capital | 5.22M | 0.55% | $536.5M | added +2% | 2016 Q4 |
| Cibc World Market INC. | 5.10M | 0.54% | $523.9M | trimmed -1.3% | ≤2013 |
| Arrowstreet Capital | 4.73M | 0.50% | $485.8M | trimmed -23.3% | 2017 Q1 |
| Connor, Clark & Lunn Investment Management LTD. | 4.58M | 0.48% | $470.1M | added +49.1% | ≤2013 |
| CPP Investment Board | 4.49M | 0.47% | $461.3M | added +24.6% | ≤2013 |
| Manufacturers Life Insurance Company, THE | 4.40M | 0.47% | $452.5M | trimmed -1.1% | 2015 Q2 |
| Legal & General Group PLC | 4.22M | 0.45% | $433.1M | added +2.5% | ≤2013 |
| TD Waterhouse Canada INC. | 4.18M | 0.44% | $429.6M | added +111.4% | 2021 Q4 |
| Scotia Capital INC. | 3.92M | 0.41% | $403.2M | added +2.2% | ≤2013 |
| Federation des caisses Desjardins du Quebec | 3.84M | 0.41% | $394.1M | added +1.5% | 2017 Q1 |
| MFS Investment Management | 3.75M | 0.40% | $385.3M | trimmed -64.6% | ≤2013 |
| Cibc Asset Management INC | 3.67M | 0.39% | $376.9M | added +4.5% | ≤2013 |
| Canoe Financial LP | 3.43M | 0.36% | $352.0M | added +17.2% | 2023 Q1 |
| Harding Loevner LP | 2.84M | 0.30% | $291.9M | added +32.6% | ≤2013 |
| Goldman Sachs | 2.70M | 0.28% | $277.4M | trimmed -25% | ≤2013 |
| Morgan Stanley | 2.67M | 0.28% | $273.9M | added +0.6% | ≤2013 |
| Troy Asset Management LTD (focused) | 2.63M | 0.28% | $270.1M | trimmed -3.9% | 2025 Q1 |
| Fisher Investments | 2.53M | 0.27% | $260.4M | added +11.2% | 2025 Q2 |
| Beutel, Goodman & CO LTD. | 2.42M | 0.26% | $248.2M | trimmed -8.1% | ≤2013 |
| Toronto Dominion Bank | 1.96M | 0.21% | $201.6M | trimmed -4.1% | ≤2013 |
| FMR (Fidelity) | 1.89M | 0.20% | $194.5M | added +16.7% | ≤2013 |
| Findlay Park Partners LLP | 1.89M | 0.20% | $194.0M | added +55.1% | 2022 Q4 |
| Swiss National Bank | 1.76M | 0.19% | $180.9M | added +26.3% | ≤2013 |
| Bank OF Nova Scotia | 1.69M | 0.18% | $174.0M | trimmed -45.7% | ≤2013 |
| Charles Schwab Investment Management | 1.62M | 0.17% | $166.5M | added +2.6% | 2024 Q2 |
| Citadel Advisors | 1.55M | 0.16% | $159.2M | added +445.9% | 2013 Q3 |
| Capital International Investors | 1.44M | 0.15% | $148.3M | trimmed -85.4% | 2023 Q1 |
| Mitsubishi UFJ Asset Management CO., LTD. | 1.41M | 0.15% | $145.0M | opened | 2026 Q1 |
| Stifel Financial CORP | 1.39M | 0.15% | $142.9M | added +2.4% | ≤2013 |
| Bank OF America CORP /DE/ | 1.39M | 0.15% | $142.8M | trimmed -40.1% | ≤2013 |
| Dimensional Fund Advisors | 1.38M | 0.15% | $142.0M | added +8% | ≤2013 |
| Loring Wolcott & Coolidge Fiduciary Advisors LLP/MA | 1.27M | 0.13% | $130.7M | trimmed -2.6% | ≤2013 |
| Cardinal Capital Management, INC. | 1.19M | 0.13% | $121.8M | added +21.7% | 2014 Q1 |
Largest 50 of 802 shown; the full ranked, searchable register is at boothcheck.com/holders/CNI. Related filers are grouped using the filings' own included-manager declarations. Historically, several managers opening new positions in the same quarter said almost nothing about the quarter that followed (59,118 cases since 2013). A filed record, not a forecast. Nothing here is investment advice.