CANADIAN NATL RY CO

Ticker: CNI CUSIP: 136375102 Class: COM

Note: Option positions (PUT/CALL) are excluded.

InstitutionSharesValue ($000)
GATES FOUNDATION TRUST51,826,786$5,123,078
ROYAL BANK OF CANADA26,114,070$2,581,376
VANGUARD GROUP INC24,646,922$2,437,679
1832 Asset Management L.P.18,747,746$1,853,215
FIL Ltd15,745,744$1,557,309
BANK OF MONTREAL /CAN/14,178,973$1,402,379
CAISSE DE DEPOT ET PLACEMENT DU QUEBEC13,894,922$1,376,061
TD Asset Management Inc11,374,457$1,126,451
MASSACHUSETTS FINANCIAL SERVICES CO /MA/10,584,719$1,046,299
Capital International Investors9,917,406$981,275
TCI Fund Management Ltd9,849,934$974,115
WELLINGTON MANAGEMENT GROUP LLP9,315,803$922,387
DEUTSCHE BANK AG\8,998,101$889,462
LAZARD ASSET MANAGEMENT LLC8,903,624$880,617
MACKENZIE FINANCIAL CORP8,894,923$882,039
PRICE T ROWE ASSOCIATES INC /MD/8,032,989$794
NATIONAL BANK OF CANADA /FI/6,710,219$663,063
Fiera Capital Corp6,648,582$657,784
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP6,165,148$609,582
NORGES BANK5,764,854$570,161
CIBC WORLD MARKET INC.5,165,704$510,630
GEODE CAPITAL MANAGEMENT, LLC5,119,084$514,884
Clearbridge Investments, LLC4,481,206$442,967
MANUFACTURERS LIFE INSURANCE COMPANY, THE4,452,495$441,292
Legal & General Group Plc4,113,459$407,364
SCOTIA CAPITAL INC.3,839,951$379,630
Federation des caisses Desjardins du Quebec3,780,155$373,956
CANADA PENSION PLAN INVESTMENT BOARD3,604,681$356,523
GOLDMAN SACHS GROUP INC3,597,734$355,636
CIBC Asset Management Inc3,510,774$348,051
Connor, Clark & Lunn Investment Management Ltd.3,067,634$303,406
Canoe Financial LP2,924,042$289,196
BANK OF NOVA SCOTIA2,826,410$279,532
Troy Asset Management Ltd2,736,154$288,000
MORGAN STANLEY2,649,092$261,863
Beutel, Goodman & Co Ltd.2,629,511$260
JPMORGAN CHASE & CO2,345,167$231,820
BANK OF AMERICA CORP /DE/2,319,526$229,285
Fisher Asset Management, LLC2,279,778$225,356
Quadrature Capital Ltd2,261,305$223,941
HARDING LOEVNER LP2,143,651$211,904
TORONTO DOMINION BANK2,046,347$202,401
TD Waterhouse Canada Inc.1,978,313$195,597
FMR LLC1,621,619$160,383
CHARLES SCHWAB INVESTMENT MANAGEMENT INC1,579,907$156,464
Swiss National Bank1,393,900$138,143
STIFEL FINANCIAL CORP1,358,452$134,284
LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA1,305,390$131,165
DIMENSIONAL FUND ADVISORS LP1,280,638$126,595
AQR CAPITAL MANAGEMENT LLC1,234,030$122,050
Findlay Park Partners LLP1,216,968$120,297
Nuveen, LLC1,198,901$118,731
BALYASNY ASSET MANAGEMENT L.P.1,143,186$113,004
Invesco Ltd.1,089,190$107,666
Douglass Winthrop Advisors, LLC1,003,520$99,198
Cardinal Capital Management, Inc.974,350$132,268
BROWN ADVISORY INC855,544$84,571
BLI - Banque de Luxembourg Investments844,888$83,667
MUFG SECURITIES (CANADA), LTD.834,086$82,512
Amundi821,063$81,162
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp820,775$81,179
LETKO, BROSSEAU & ASSOCIATES INC773,340$76,586
Scheer, Rowlett & Associates Investment Management Ltd.761,487$75,315
TWO SIGMA INVESTMENTS, LP750,930$74,229
Alberta Investment Management Corp718,500$71,064
FRANKLIN RESOURCES INC629,572$62,264
QV Investors Inc.629,069$62
VOLORIDGE INVESTMENT MANAGEMENT, LLC606,175$59,920
Value Partners Investments Inc.604,155$59,838
SEI INVESTMENTS CO577,126$57,049
INTACT INVESTMENT MANAGEMENT INC.565,920$55,969
NORTHERN TRUST CORP560,016$55,358
Russell Investments Group, Ltd.545,277$53,960
AGF MANAGEMENT LTD539,682$69,787
State of Tennessee, Department of Treasury537,779$51,902
Point72 Asset Management, L.P.522,622$51,647
Dixon Mitchell Investment Counsel Inc.502,525$49,795
Bank of New York Mellon Corp500,597$49,484
Clean Energy Transition LLP478,184$47,268
DekaBank Deutsche Girozentrale456,770$62
Addenda Capital Inc.454,002$61,631
UBS Group AG451,954$44,676
AVIVA PLC448,612$44,404
Northwest & Ethical Investments L.P.430,970$42,630
LINCLUDEN MANAGEMENT LTD419,122$57
GUARDIAN CAPITAL LP399,231$39,504
MILLENNIUM MANAGEMENT LLC385,156$38,084
BlackRock, Inc.385,055$38,063
Saturna Capital CORP384,214$37,980
FIRST TRUST ADVISORS LP367,766$36,354
PICTON MAHONEY ASSET MANAGEMENT344,448$34,115
Public Sector Pension Investment Board341,109$33,738
DUFF & PHELPS INVESTMENT MANAGEMENT CO336,789$33,353
Korea Investment CORP325,541$32,239
CIBC Private Wealth Group, LLC317,879$31,422
ADAGE CAPITAL PARTNERS GP, L.L.C.312,500$30,891
RENAISSANCE TECHNOLOGIES LLC302,600$29,912
AMERICAN CENTURY COMPANIES INC296,124$29,287
BCV Asset Management Inc.294,559$42,475
YCG, LLC293,152$28,978
700 other institutions21,515,234$1,980,963
Total (800 institutions)410,830,245$39,394,278