Form 13-F position report

* CANADIAN NAT RES LTD

Reported by Alberta Investment Management Corp

CNQ CUSIP 136385101 Manager CIK 0001463559

Reported 3,979,800 shares, down 1,331,347 (25.1%) from the prior quarter.

Reported value -23.4%; share count -25.1% vs. the prior quarter.

Reduced
% of reported 13F value 0.97% This manager · Q2 2025
Shares 3,979,800 Quarter-end amount reported
Reported value $125,165,841 Fair value at quarter end
Consecutive quarters held 49 Through Q2 2025

Reported position value by quarter

Reported position value by quarter

Each bar is a Form 13-F quarter-end snapshot. It does not show trades made within the quarter.

Reported position value by quarter
Date Holding Value
2021-09-30 83049000
2021-12-31 163615000
2022-03-31 209771000
2022-06-30 209526000
2022-09-30 173174000
2022-12-31 177041582
2023-03-31 166850033
2023-06-30 181280971
2023-09-30 210363221
2023-12-31 213577288
2024-03-31 247711846
2024-06-30 241270034
2024-09-30 190870874
2024-12-31 177175594
2025-03-31 163402876
2025-06-30 125165841
2025-09-30 82247744
2025-12-31 68607640
2026-03-31 433110527
2026-06-30 106781425

Quarterly position history

How this manager's reported quarter-end position changed over time.

20 quarters
Quarterly reported position history for * CANADIAN NAT RES LTD held by Alberta Investment Management Corp.
Quarter Activity Shares Change % of reported 13F Reported value Filed Source filing
Q2 2026 Reduced 2,701,258 -6,175,625 (-69.6%) 0.6% $106,781,425 2026-08-06
Q1 2026 Added 8,876,883 +6,851,383 (338.3%) 2.6% $433,110,527 2026-04-29
Q4 2025 Reduced 2,025,500 -547,300 (-21.3%) 0.41% $68,607,640 2026-02-17
Q3 2025 Reduced 2,572,800 -1,407,000 (-35.4%) 0.59% $82,247,744 2025-11-07
Q2 2025 Reduced 3,979,800 -1,331,347 (-25.1%) 0.97% $125,165,841 2025-08-08
Q1 2025 Reduced 5,311,147 -430,492 (-7.5%) 1.12% $163,402,876 2025-05-08
Q4 2024 Unchanged 5,741,639 0 (0.0%) 1.18% $177,175,594 2025-02-03
Q3 2024 Reduced 5,741,639 -1,033,281 (-15.3%) 1.65% $190,870,874 2024-11-05
Q2 2024 Added 6,774,920* +286,658 (4.4%) 2.55% $241,270,034 2024-08-13
Q1 2024 Unchanged 3,244,131 0 (0.0%) 2.51% $247,711,846 2024-05-15
Q4 2023 Added 3,244,131 +6,300 (0.2%) 2.01% $213,577,288 2024-02-12
Q3 2023 Added 3,237,831 +17,100 (0.5%) 2.25% $210,363,221 2023-11-14
Q2 2023 Added 3,220,731 +201,524 (6.7%) 1.74% $181,280,971 2023-08-14
Q1 2023 Reduced 3,019,207 -171,144 (-5.4%) 1.62% $166,850,033 2023-05-15
Q4 2022 Reduced 3,190,351 -510,267 (-13.8%) 1.57% $177,041,582 2023-02-14
Q3 2022 Reduced 3,700,618 -206,836 (-5.3%) 1.33% $173,174,000 2022-11-14
Q2 2022 Added 3,907,454 +522,698 (15.4%) 1.5% $209,526,000 2022-08-15
Q1 2022 Reduced 3,384,756 -481,857 (-12.5%) 1.2% $209,771,000 2022-05-16
Q4 2021 Added 3,866,613 +1,594,730 (70.2%) 1.0% $163,615,000 2022-02-11
Q3 2021 Reduced 2,271,883 -164,700 (-6.8%) 0.72% $83,049,000 2021-11-15
Five years are shown. A free account unlocks the complete reported history. Unlock full history

Who else reported the position

681 managers reported * CANADIAN NAT RES LTD for Q2 2025.

Managers reporting * CANADIAN NAT RES LTD in Q2 2025.
Manager Activity Shares Change % of reported 13F Reported value Tenure
Capital World Investors Added 208,934,490 +22,169 0.95% $6,565,885,468 49 qtrs
ROYAL BANK OF CANADA Reduced 121,238,062 -29,475,049 0.69% $3,806,874,000 49 qtrs
Capital Research Global Investors Added 111,326,703 +11,286,135 0.7% $3,498,804,479 49 qtrs
BANK OF MONTREAL Added 92,678,802 +16,746,252 1.37% $2,914,774,660 49 qtrs
VANGUARD GROUP INC Added 90,742,099 +3,003,542 0.05% $2,852,024,172 42 qtrs
FMR LLC Added 73,411,246 +6,630,617 0.13% $2,307,049,915 49 qtrs
T Rowe Price Investment Management Inc Added 48,934,467 +4,966,347 0.97% $1,536,543,000 9 qtrs
Fisher Asset Management LLC Added 47,939,585 +2,051,714 0.6% $1,505,302,997 6 qtrs
TD Asset Management Inc Added 41,581,125 +316,933 1.11% $1,304,266,874 49 qtrs
CANADA PENSION PLAN INVESTMENT BOARD Reduced 37,793,376 -3,975,777 1.02% $1,188,612,420 49 qtrs
Premium adds each manager's conviction percentile across reporting peers.
Filing details and methodology As reported
Report period
June 30, 2025
Filed
August 08, 2025
Filing type
13F-HR
Position type
COM

Voting authority reported

Sole
3,979,800
Shared
0
None
0

“None” means the manager reported no voting authority for those shares on non-routine matters. It does not disclose why and is not evidence of securities lending.

Form 13-F is a delayed quarter-end snapshot of disclosed long Section 13(f) securities. It can be filed up to 45 days after quarter end, excludes short positions and most non-U.S. securities, and does not reveal intra-quarter trading. For options, reported shares and value describe the underlying-share exposure; strike, expiry, premium, and written positions are not disclosed.