Canadian Natural Resources CNQ
Ownership & positioning
Who holds it, who is betting against it, and where the big money is moving
Short-sale volume as % of daily volume
Large-order net flow, last 20 sessions
Net of large-order buying minus selling, in USD. Over this window: +$1.56M (9 inflow days, 11 outflow days).
Net flow by order size, last 20 sessions
Super/Big orders approximate institutional-size trades; Mid/Small approximate retail-size trades. Net buy minus sell value in each bucket, summed over the window.
The five largest holders on file together own 32.2% of shares outstanding.
Largest holders
By investor type
Reported short interest has risen from 2.33% to 2.88% of float over the last 6 biweekly reports (31 Jul 2026 to 15 Oct 2026).
Recent institutional activity
| Holder | Type | Period | Share change | New stake |
|---|---|---|---|---|
| The Goldman Sachs Group, Inc. | Public Company | 2026/Q3 | +24,431,275 | 2.4% |
| RBC Dominion Securities Inc. | Private Company | 2026/Q3 | +12,730,561 | 2.5% |
| T. Rowe Price Group, Inc. | Mutual Fund | 2026/Q3 | +11,885,702 | 2.3% |
| BlackRock | Mutual Fund | 2026/Q3 | +9,195,257 | 5.7% |
| Jane Street Group, LLC | Private Company | 2026/Q3 | +8,168,265 | 0.5% |
| National Bank Investments Inc. | Mutual Fund | 2026/Q3 | +7,025,218 | 0.9% |
| OMERS Administration Corporation | Government Pension Fund | 2026/Q3 | +6,987,466 | 0.3% |
| Morgan Stanley | Public Company | 2026/Q3 | +5,147,285 | 0.6% |
| Two Sigma Investments, LP | Hedge Fund | 2026/Q3 | +4,695,453 | 0.2% |
| Blue Sparrow, Llc | Mutual Fund | 2026/Q3 | +4,380,000 | 0.4% |
| William Blair Investment Management, LLC | Mutual Fund | 2026/Q3 | +3,644,078 | 0.2% |
| Mitsubishi UFJ Securities Holdings Co., Ltd. | Private Company | 2026/Q3 | +3,262,880 | 0.3% |
| The Bank of Nova Scotia | Public Company | 2026/Q3 | +3,232,031 | 0.5% |
| Beutel Goodman & Company Ltd. | Mutual Fund | 2026/Q3 | +2,883,173 | 0.3% |
| Renaissance Technologies Corp. | Hedge Fund | 2026/Q3 | +2,859,500 | 0.1% |
Institutional buy/sell activity by reporting period, largest moves first.
Insider transactions
| Date | Insider | Title | Transaction | Shares | Price | Held after |
|---|---|---|---|---|---|---|
| 12 Mar 2026 | Norman Edwards | Executive Chairperson | Open Market Disposition | -500,000 | $48.18 | 42,776,076 |
From Form 4/Form 144 filings. Negative share counts are disposals (sales, gifts, or shares withheld for taxes); positive are acquisitions.
Short interest, by report
| Report date | Shares short | % of float | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 59,387,363 | 2.9% | 11.7 |
| 30 Sep 2026 | 117,144,565 | 5.7% | 21.3 |
| 15 Sep 2026 | 182,920,552 | 8.9% | 22.1 |
| 31 Aug 2026 | 113,170,168 | 5.5% | 20.5 |
| 14 Aug 2026 | 57,647,400 | 2.8% | 8.4 |
| 31 Jul 2026 | 48,494,402 | 2.3% | 7.3 |
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