Canadian Natural Resources Limited (CNQ) Ownership

NYSE: CNQTop holders, insider trades and short interest.

CNQ ownership summary

as of October 18, 2026
Institutions
78.6%
of shares outstanding
Insiders
2.17%
of shares outstanding
Shares outstanding
2.06B
Float
2.01B
shares available to trade
Short interest
0.97%
117.1M shares short
Days to cover
17.10
short interest up 3.5% vs prior month
  • Institutions 78.61%
  • Insiders 2.17%
  • Other investors 19.22%

CNQ top institutional holders

20 largest
Canadian Natural Resources Limited top institutional holders
#Holder% of sharesSharesValueChangeReported
1Capital World Investors10.57%218.0M$11.73B+20.3M (+10.3%)June 30, 2026
2Royal Bank of Canada6.68%137.6M$7.40B+12.8M (+10.3%)June 30, 2026
3Capital Research Global Investors5.63%116.1M$6.24B−48.4M (−29.4%)June 30, 2026
4Bank of Montreal3.14%64.8M$3.49B+886,881 (+1.4%)June 30, 2026
5BMO Capital Markets Corp.3.14%64.8M$3.49B+886,881 (+1.4%)June 30, 2026
6FMR Inc3.12%64.2M$3.46B−21.0M (−24.6%)June 30, 2026
7Vanguard Capital Management, LLC2.85%58.8M$3.16B+742,871 (+1.3%)June 30, 2026
8The Goldman Sachs Group Inc2.46%50.8M$2.73B+24.7M (+94.2%)June 30, 2026
9Canada Pension Plan Investment Board1.87%38.6M$2.08B−1.6M (−4.1%)June 30, 2026
10TD Asset Management Inc1.51%31.2M$1.68B−8.8M (−22.0%)June 30, 2026
11HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND1.49%30.8M$1.66B−6.7M (−17.8%)June 30, 2026
12CIBC World Markets Inc.1.47%30.4M$1.63B−14.5M (−32.3%)June 30, 2026
131832 Asset Management L.P1.36%28.1M$1.51B+197,564 (+0.7%)June 30, 2026
14Mackenzie Investments1.32%27.2M$1.46B−234,582 (−0.9%)June 30, 2026
15Manufacturers Life Insurance Co1.29%26.5M$1.43B−203,246 (−0.8%)June 30, 2026
16T. Rowe Price Associates, Inc.1.27%26.1M$1.40B+3.1M (+13.5%)June 30, 2026
17Geode Capital Management, LLC1.17%24.1M$1.30B+2.8M (+13.2%)June 30, 2026
18T. Rowe Price Investment Management,Inc.1.02%21.0M$1.13B+8.8M (+71.8%)June 30, 2026
19NATIONAL BANK OF CANADA /FI/0.92%19.0M$1.02B+7.0M (+58.4%)June 30, 2026
20Vanguard Fiduciary Trust Co0.88%18.1M$974.0M+129,030 (+0.7%)June 30, 2026

Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 12 holders added 82.3M shares and 8 cut 101.4M.

CNQ top mutual fund and ETF holders

20 largest
Canadian Natural Resources Limited top fund holders
#Holder% of sharesSharesValueChangeReported
1American Funds American Balanced A4.07%83.9M$4.52B+14.3M (+20.5%)September 30, 2026
2American Funds Income Fd of Amer A1.95%40.3M$2.17B+2.0M (+5.2%)September 30, 2026
3American Funds Capital Inc Bldr A1.64%33.7M$1.81B—September 30, 2026
4American Funds Fundamental Invs A1.54%31.8M$1.71B+3.6M (+12.7%)September 30, 2026
5Vanguard Total Intl Stock Index Inv1.46%30.1M$1.62B+30,496 (+0.1%)August 31, 2026
6American Funds Washington Mutual A1.30%26.8M$1.44B+5.1M (+23.5%)September 30, 2026
7American Funds Cptl Wld Gr&Inc A1.23%25.4M$1.36B−7.3M (−22.3%)September 30, 2026
8Vanguard Developed Markets Index Admiral0.97%19.9M$1.07B−67,897 (−0.3%)September 30, 2026
9American Funds Invmt Co of Amer A0.89%18.3M$984.5M−1.3M (−6.9%)September 30, 2026
10American Funds EUPAC A0.80%16.4M$883.3M−458,088 (−2.7%)September 30, 2026
11Fidelity Canadian Growth Company Sr B0.74%15.3M$820.5M−2.7M (−15.0%)June 30, 2026
12iShares Core S&P/TSX Cap Composite ETF0.69%14.3M$769.0M−83,070 (−0.6%)September 30, 2026
13RBC Canadian Dividend Fund A0.63%13.1M$703.2M—June 30, 2026
14iShares S&P/TSX 60 ETF0.57%11.9M$637.6M+308,250 (+2.7%)September 30, 2026
15Fidelity Series Canada0.55%11.4M$612.8M−298,348 (−2.6%)August 31, 2026
16Fidelity SAI Canada Equity Index0.54%11.1M$596.3M+299,564 (+2.8%)August 31, 2026
17Scotia Canadian Dividend A0.51%10.5M$567.6M+182,500 (+1.8%)July 31, 2026
18American Funds Global Balanced R-60.47%9.7M$521.5M−211,261 (−2.1%)September 30, 2026
19iShares S&P/TSX Capped Energy ETF0.43%8.9M$478.2M+13,995 (+0.2%)September 30, 2026
20iShares Core MSCI Canadian Qual Div ETF0.41%8.5M$457.7M+11,643 (+0.1%)September 30, 2026

Funds report holdings monthly or quarterly; dates differ by fund.

CNQ shares outstanding

Shares outstanding

Year-end shares outstanding, adjusted for splits.

Who owns CNQ

Institutional investors own 78.6% of Canadian Natural Resources's shares and insiders 2.17%. The largest holder is Capital World Investors with 10.57% of the shares (218.0M), as of June 30, 2026. Among the top 20 institutions, 12 added shares and 8 reduced their stake in the latest filings. Short interest is 0.97% of the float, or 17.10 days of average trading volume. The share count fell 4.6% since 2014.

Related: CNQ analyst forecast, CNQ key metrics, CNQ dividend history. See the CNQ stock overview for the latest quote and news.

CNQ ownership FAQ

Who owns the most Canadian Natural Resources stock?

The largest shareholders of Canadian Natural Resources are Capital World Investors (10.57%), Royal Bank of Canada (6.68%), Capital Research Global Investors (5.63%), Bank of Montreal (3.14%), BMO Capital Markets Corp. (3.14%).

What percentage of Canadian Natural Resources is owned by institutions?

Institutions hold 78.6% of Canadian Natural Resources's shares outstanding; insiders hold 2.17%.

Which funds own Canadian Natural Resources?

The largest fund holders of Canadian Natural Resources are American Funds American Balanced A (4.07%), American Funds Income Fd of Amer A (1.95%), American Funds Capital Inc Bldr A (1.64%), American Funds Fundamental Invs A (1.54%), Vanguard Total Intl Stock Index Inv (1.46%).

What is Canadian Natural Resources's short interest?

117.1M shares of Canadian Natural Resources were sold short, 0.97% of the float; at the average daily volume it would take 17.10 days to cover.

How many shares of Canadian Natural Resources are outstanding?

Canadian Natural Resources has 2.06B shares outstanding, of which 2.01B are in the public float.

Oil & Gas E&P: ownership