L3VLUP
Quarter end
30 Jun 2025
the date the book describes
Filed
14 Aug 2025
latest of these filings; the earliest 7 Aug 2025
Managers listing it
17
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q1 2025 and Q2 2025; 15 listed it in both
Shares listed
441,826,849
combined, among listed positions
Reported value
$13.9bn
combined, at the quarter end

Among the 95 comparable managers: 8 buyers (opened or added shares) and 9 sellers (trimmed or exited), at least, among listed positions. Their net change in shares is not known from listed positions, because at least one of them lists it in only one of the two quarters.

Managers listing CNQ in Q2 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q1 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

17 of 17 holders

ActionFiling
Capital World Investors208,934,490$6.6bn0.95%Added+22,16913 Aug 2025 (the filing on sec.gov)
Capital Research Global Investors111,326,703$3.5bn0.70%Added+11,286,13513 Aug 2025 (the filing on sec.gov)
Fidelity (FMR LLC)73,411,246$2.3bn0.13%Added+6,630,61714 Aug 2025 (the filing on sec.gov)
Wellington Management Group LLP10,426,852$327m0.06%Trimmed-509,42314 Aug 2025 (the filing on sec.gov)
Janus Henderson Group Ltd8,214,865$258m0.13%Trimmed-149,52614 Aug 2025 (the filing on sec.gov)
Arrowstreet Capital LP6,921,167$218m0.15%Trimmed-2,926,92613 Aug 2025 (the filing on sec.gov)
T. Rowe Price Associates Inc6,813,975$214munder 0.1%Trimmed-132,30014 Aug 2025 (the filing on sec.gov)
MFS Investment Management4,599,924$144munder 0.1%Trimmed-157,5948 Aug 2025 (the filing on sec.gov)
Two Sigma Investments LP3,508,793$110m0.20%Added+298,42714 Aug 2025 (the filing on sec.gov)
Voloridge Investment Management LLC2,515,967$79m0.29%Trimmed-1,695,74714 Aug 2025 (the filing on sec.gov)
Two Sigma Advisers LP2,124,958$67m0.14%Added+637,40014 Aug 2025 (the filing on sec.gov)
Balyasny Asset Management LLC1,061,499$33m0.05%Trimmed-1,118,05714 Aug 2025 (the filing on sec.gov)
Holocene Advisors LP948,238$30m0.07%Trimmed-291,51714 Aug 2025 (the filing on sec.gov)
Acadian Asset Management LLC593,466$19munder 0.1%Added+182,3007 Aug 2025 (the filing on sec.gov)
ExodusPoint Capital Management LP245,900$7.7m0.07%Addedn.a.13 Aug 2025 (the filing on sec.gov)
Quantbot Technologies LP107,358$3.4m0.09%Trimmed-54,35513 Aug 2025 (the filing on sec.gov)
PDT Partners LLC71,448$2.2m0.13%Addedn.a.14 Aug 2025 (the filing on sec.gov)

Largest increases and reductions, by shares

Q1 2025 to Q2 2025, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

New (0)

No new position among listed positions.

Exited (0)

No exit shown by a manager’s own filing.

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
20 in Q3 2024 to 16 in Q2 2026

Tracked managers listing it, at least.

0102030split2014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
CNQ by quarter
QuarterHoldersReported valueBuyersSellers
Q2 201312$4.0bnn.a.n.a.
Q3 201316$4.5bnn.a.n.a.
Q4 201312$4.9bnn.a.n.a.
Q1 201416$5.2bnn.a.n.a.
Q2 201420$7.0bnn.a.n.a.
Q3 201420$6.5bnn.a.n.a.
Q4 201416$6.3bnn.a.n.a.
Q1 201514$6.9bnn.a.n.a.
Q2 201513$6.5bnn.a.n.a.
Q3 201514$4.9bnn.a.n.a.
Q4 201511$5.7bnn.a.n.a.
Q1 201612$7.3bnn.a.n.a.
Q2 201615$8.7bnn.a.n.a.
Q3 201616$8.9bnn.a.n.a.
Q4 201616$9.1bnn.a.n.a.
Q1 201713$8.4bnn.a.n.a.
Q2 201715$7.3bnn.a.n.a.
Q3 201715$8.5bnn.a.n.a.
Q4 201712$8.8bnn.a.n.a.
Q1 201819$7.2bnn.a.n.a.
Q2 201819$8.8bnn.a.n.a.
Q3 201817$7.7bnn.a.n.a.
Q4 201816$5.5bnn.a.n.a.
Q1 201920$5.5bnn.a.n.a.
Q2 201916$4.9bnn.a.n.a.
Q3 201917$5.1bnn.a.n.a.
Q4 201915$6.6bnn.a.n.a.
Q1 202012$2.7bnn.a.n.a.
Q2 202015$4.1bnn.a.n.a.
Q3 202010$3.6bnn.a.n.a.
Q4 202012$6.6bnn.a.n.a.
Q1 202116$9.4bnn.a.n.a.
Q2 202115$11.4bnn.a.n.a.
Q3 202116$11.6bnn.a.n.a.
Q4 202115$14.1bnn.a.n.a.
Q1 202217$23.2bnn.a.n.a.
Q2 202218$19.8bnn.a.n.a.
Q3 202220$15.6bnn.a.n.a.
Q4 202216$19.0bnn.a.n.a.
Q1 202314$18.3bnn.a.n.a.
Q2 202314$17.5bnn.a.n.a.
Q3 202315$20.0bnn.a.n.a.
Q4 202313$19.1bn79
Q1 202419$22.3bn155
Q2 2024 (split)17$19.1bn13
Q3 202420$17.1bn119
Q4 202419$15.5bn513
Q1 202522$13.9bn175
Q2 202517$13.9bn89
Q3 202513$13.9bn58
Q4 202514$16.3bn926
Q1 202613$25.7bn1913
Q2 202616$19.1bn2410

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

CNQ and GEV →CNQ and XOM →CNQ and CVX →Choose a stock to compare with CNQ →

How much of the picture this is

A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own CNQ, latest filings →Back to the 13F Explorer →