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
1,462,005,057
Total reported value
$46,800,945,452
% of total 13F portfolios
0.02%
Share change
-18,575,552
Value change
-$593,029,195
Number of holders
624
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% $5,837,536,450 209,832,367 Capital World Investors 31 Mar 2025
Capital Research Global Investors 5.3% $3,505,677,877 111,326,703 Capital Research Global Investors 30 Jun 2025

As of 30 Sep 2025, 624 institutional investors reported holding 1,462,005,057 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 22,353,403 $782,283,656 +$233,883,619 $33.85 105
2025 Q3 1,462,005,057 $46,800,945,452 -$593,029,195 $31.96 624
2025 Q2 1,480,617,715 $46,575,771,117 -$1,735,525,921 $31.40 612
2025 Q1 1,534,377,520 $47,254,996,936 +$2,357,134,228 $30.80 613
2024 Q4 1,456,643,877 $44,987,208,118 -$1,655,445,547 $30.87 608
2024 Q3 1,509,671,044 $50,216,294,967 -$1,668,910,336 $33.21 617
2024 Q2 1,555,914,488 $55,444,807,275 +$26,274,757,997 $35.60 595
2024 Q1 795,182,006 $60,678,620,405 +$750,221,577 $76.32 589
2023 Q4 572,513 $37,648,330 -$12,525,854 $65.77 7
2023 Q3 800,417,545 $51,832,678,217 +$1,357,036,875 $64.67 515
2023 Q2 778,084,578 $43,806,768,982 -$158,783,181 $56.26 477
2023 Q1 778,978,204 $43,131,262,137 -$356,810,843 $55.35 481
2022 Q4 783,551,463 $43,517,589,886 +$884,713,659 $55.53 473
2022 Q3 775,443,285 $36,155,082,345 -$1,244,476,694 $46.57 425
2022 Q2 801,921,255 $43,101,831,062 -$680,583,619 $53.68 429
2022 Q1 805,264,983 $49,911,754,090 +$1,469,771,777 $61.98 422
2021 Q4 767,101,468 $32,461,513,410 -$194,924,177 $42.25 385
2021 Q3 806,611,648 $29,639,760,050 +$334,116,132 $36.54 367
2021 Q2 797,692,258 $28,994,686,764 +$15,234,781 $36.28 356
2021 Q1 801,991,259 $24,892,957,448 +$179,383,764 $30.87 331
2020 Q4 713,575,149 $17,220,757,885 +$179,733,205 $24.05 303
2020 Q3 722,826,977 $11,579,607,682 -$208,768,255 $16.01 285
2020 Q2 729,515,019 $12,654,363,415 -$188,406,519 $17.43 286
2020 Q1 793,597,974 $10,781,438,181 -$173,569,951 $13.55 271
2019 Q4 725,490,853 $23,470,195,900 +$707,254,451 $32.35 322
2019 Q3 776,563,888 $20,686,341,071 +$226,226,153 $26.63 311
2019 Q2 763,257,748 $20,624,069,170 +$134,943,063 $26.97 333
2019 Q1 784,648,061 $21,577,105,261 -$343,704,225 $27.50 349
2018 Q4 795,212,444 $19,188,469,865 -$474,376,803 $24.13 325
2018 Q3 806,971,325 $26,306,070,151 -$488,661,883 $32.66 375
2018 Q2 818,823,942 $29,526,787,757 +$3,556,272,904 $36.07 377
2018 Q1 739,047,900 $23,248,511,649 +$241,636,395 $31.46 359
2017 Q4 733,373,779 $26,230,731,056 +$492,940,140 $35.72 346
2017 Q3 723,403,037 $24,210,188,097 +$502,240,681 $33.49 322
2017 Q2 712,945,490 $20,565,788,543 -$487,975,012 $28.84 327
2017 Q1 733,237,812 $24,019,797,310 -$525,928,833 $32.79 314
2016 Q4 750,108,172 $23,968,023,348 -$283,606,146 $31.88 310
2016 Q3 755,164,031 $24,151,129,828 +$121,842,479 $32.04 303
2016 Q2 756,475,167 $23,302,187,769 +$362,789,004 $30.83 299
2016 Q1 720,597,426 $19,486,025,391 +$285,793,144 $27.00 293
2015 Q4 735,810,559 $16,053,281,508 -$391,895,370 $21.83 288
2015 Q3 747,517,865 $14,535,484,302 +$447,846,195 $19.45 302
2015 Q2 720,763,488 $19,628,264,734 +$243,709,278 $27.16 320
2015 Q1 714,133,456 $21,904,876,298 +$696,011,434 $30.70 338
2014 Q4 705,952,078 $21,928,644,531 +$179,317,622 $30.88 353
2014 Q3 687,980,430 $26,790,287,163 -$157,077,394 $38.84 372
2014 Q2 690,912,705 $31,803,522,281 +$737,611,415 $45.91 392
2014 Q1 657,220,395 $25,339,775,732 -$283,494,475 $38.37 354