§ ROAD & RAIL
USD · Road & RailCNI
CANADIAN NATL RAILWAY CO
USDSector · Road & RailBeta · 0.83
§ 01 · PRICE
Price action
1D5D1M6MYTD1YMAX
OPEN 119.60HIGH 120.12LOW 117.8852W 126.11 — 154.63
EVENTSJUN 30 · EARNINGS +4.9%
§ 03 · SIGNAL STACK · WHAT THE INPUTS SAY
13F FLOW
392 increased/new, 271 decreased/exited (13F)
AC 13F Analysis
§ 04 · FUNDAMENTALS · THE BOOKS
| P/E | 18.8 | P/B | 3.88 |
| EPS (TTM) | 7.57 | Dividend | 2.60% |
§ 05 · WHO OWNS IT
Top institutional holders
| Fund | Shares | % port | Δ Q/Q |
|---|---|---|---|
| Gates Foundation Trust | 51.8M | 16.8% | ±0% |
| ROYAL BANK OF CANADA | 27.5M | 0.5% | +5% |
| Caisse de depot et placement du Quebec | 18.8M | 3.1% | +35% |
| 1832 Asset Management L.P. | 18.7M | 1.8% | −0% |
| FIL Ltd | 16.8M | 1.3% | +7% |
| VANGUARD CAPITAL MANAGEMENT LLC | 15.8M | n/a | n/a |
◇ AC INTELLIGENCE
Top institutional owners for CNI as of the most recent 13F reporting period (Q1 2026 · Period ended Mar 31). Δ Q/Q reflects share-count change vs. the prior filing — positive green means adding, negative red means trimming. Cross-reference with the ownership-mix bars below to see which strategy cohort is driving the flow.
§ 06 · WHO OWNS IT · BY STRATEGY
OTHER31.5% · 0 holders
OTHER37.3% · 682 holders
DEALER / BANK13.6% · 61 holders
QUALITY / COMPOUNDER12.7% · 32 holders
PASSIVE / INDEX2.1% · 9 holders
INCOME / DEFENSIVE1.2% · 22 holders
SYSTEMATIC / QUANT1.0% · 12 holders
TACTICAL / MACRO0.5% · 5 holders
DEEP VALUE0.0% · 1 holder
ACTIVIST0.0% · 1 holder
◇ AC INTELLIGENCE
Ownership mix by behavioral cohort. Top bars indicate which style of capital dominates the float — passive indexing, quality compounders, dealer/bank, systematic quant, etc. Big quality-compounder share means concentrated active conviction; heavy passive share means flows are dictated by index rebalances, not fundamentals.
§ 07 · INSIDER ACTIVITY · LAST 180 DAYS
NO INSIDER FILINGS
◇ AC INTELLIGENCE
No Form 4 filings on record for CNI in the last 180 days.
§ 08 · COVERAGE · OUR RECENT NOTES
No notes mention CNI yet.