Does Mackenzie Financial own CNI stock?

Yes. As of its Q2 2026 13F, Mackenzie Financial holds 8,939,323 shares of CNI (Canadian National Railway), worth $1.5B.

How many shares of CNI does Mackenzie Financial own?

As of its Q2 2026 13F, Mackenzie Financial holds 8,939,323 shares of CNI (Canadian National Railway).

As of its Q2 2026 13F, Mackenzie Financial's CNI position is worth $1.5B.

In Q2 2026, Mackenzie Financial increased its CNI position by 163,017 shares (+1.9%).

Mackenzie Financial already held CNI in its Q4 2018 13F, the earliest on record, and has listed it in 31 quarterly 13F filings.

Position history for MACKENZIE FINANCIAL CORP's holdings in Canadian National Railway Company

Current Value

$1.5B

Current Shares

8.9M

Total Value Change

+$1B

Total Shares Change

+2.3M

Quarter-by-Quarter History

Quarter	Action	Shares	Change	Value	Weight	Price	Conviction
2026-Q2 Latest	Increased	8.9M	+1.9%	$1.5B	1.5%	$118.60	51
2026-Q1	Decreased	8.8M	-1.3%	$903.2M	1.1%	$101.66	0
2025-Q4	Increased	8.9M	+3.1%	$882M	1.0%	$97.17	52
2025-Q3	Increased	8.6M	+0.4%	$813.3M	1.0%	$92.70	45
2025-Q2	Increased	8.6M	+0.2%	$895.6M	1.2%	$101.60	50
2025-Q1	Increased	8.6M	+6.3%	$834.1M	1.2%	$94.58	53
2024-Q4	Decreased	8.1M	-9.8%	$818.2M	1.1%	$97.91	0
2024-Q3	Decreased	8.9M	-3.2%	$1B	1.5%	$112.37	0
2024-Q2	Decreased	9.2M	-2.0%	$1.1B	1.6%	$112.70	0
2024-Q1	Decreased	9.4M	-5.2%	$1.2B	1.8%	$125.05	0
2023-Q4	Decreased	9.9M	-3.1%	$1.3B	1.9%	$118.70	0
2023-Q3	Decreased	10.3M	-4.1%	$1.1B	1.8%	$101.85	0
2023-Q2	Decreased	10.7M	-5.9%	$1.3B	2.0%	$113.22	0
2023-Q1	Decreased	11.4M	-2.8%	$1.3B	2.1%	$109.77	0
2022-Q4	Decreased	11.7M	-2.9%	$1.4B	2.3%	$110.07	0
2022-Q3	Increased	12M	+2.2%	$1.3B	2.2%	$99.56	56
2022-Q2	Increased	11.8M	+8.0%	$1.3B	2.1%	$103.20	59
2022-Q1	Increased	10.9M	+34.5%	$1.5B	2.0%	$122.46	65
2021-Q4	Decreased	8.1M	-10.5%	$997M	1.3%	$111.65	0
2021-Q3	Decreased	9.1M	-14.9%	$1B	1.5%	$104.71	0
2021-Q2	Decreased	10.7M	-3.1%	$1.1B	1.6%	$95.17	0
2021-Q1	Increased	11M	+82.3%	$1.3B	1.9%	$104.12	77
2020-Q4	Decreased	6M	-0.1%	$661M	1.4%	$98.19	0
2020-Q3	Decreased	6M	-1.0%	$643.1M	1.6%	$94.77	0
2020-Q2	Decreased	6.1M	-3.7%	$537.9M	1.4%	$78.51	0
2020-Q1	Increased	6.3M	+12.1%	$491.1M	1.6%	$68.49	55
2019-Q4	Increased	5.6M	+6.5%	$511.2M	1.3%	$79.40	53
2019-Q3	Decreased	5.3M	-11.5%	$476.8M	1.3%	$78.52	0
2019-Q2	Decreased	6M	-13.9%	$554.6M	1.4%	$80.46	0
2019-Q1	Increased	7M	+4.9%	$623.4M	1.5%	$77.51	52
2018-Q4	First report	6.6M	-	$492.3M	1.3%	$63.90	0

Other major holders of CNI: GATES FOUNDATION TRUST