Question 1

Does National Bank of Canada own CNQ stock?

Accepted Answer

Yes. As of its Q2 2026 13F, National Bank of Canada holds 19,011,978 shares of CNQ (Canadian Natural Resources), worth $748.7M.

Question 2

How many shares of CNQ does National Bank of Canada own?

Accepted Answer

As of its Q2 2026 13F, National Bank of Canada holds 19,011,978 shares of CNQ (Canadian Natural Resources).

Question 3

What is National Bank of Canada's CNQ position worth?

Accepted Answer

As of its Q2 2026 13F, National Bank of Canada's CNQ position is worth $748.7M.

Question 4

Is National Bank of Canada buying or selling CNQ?

Accepted Answer

In Q2 2026, National Bank of Canada increased its CNQ position by 7,007,557 shares (+58.4%).

Question 5

When did National Bank of Canada first buy CNQ?

Accepted Answer

National Bank of Canada already held CNQ in its Q4 2021 13F, the earliest on record, and has listed it in 19 quarterly 13F filings.

Quarter	Action	Shares	Change	Value	Weight	Price	Conviction
2026-Q2 Latest	Increased	19M	+58.4%	$748.7M	0.5%	$39.15	64
2026-Q1	Decreased	12M	-35.3%	$579.6M	0.5%	$47.79	0
2025-Q4	Increased	18.6M	+45.3%	$628.2M	0.6%	$32.90	60
2025-Q3	Decreased	12.8M	-36.0%	$408.2M	0.4%	$31.06	0
2025-Q2	Increased	20M	+18.5%	$626.9M	0.6%	$30.51	52
2025-Q1	Increased	16.8M	+18.5%	$517.9M	0.5%	$29.54	52
2024-Q4	Increased	14.2M	+72.6%	$439M	0.5%	$29.21	56
2024-Q3	Increased	8.2M	+63.5%	$273.4M	0.3%	$31.04	54
2024-Q2	Decreased	5M	-11.1%	$179.2M	0.2%	$32.88	0
2024-Q1	Decreased	2.8M	-29.6%	$216.4M	0.3%	$34.85	0
2023-Q4	Decreased	4M	-37.4%	$263.9M	0.4%	$29.60	0
2023-Q3	Decreased	6.4M	-32.2%	$405.2M	0.6%	$28.87	0
2023-Q2	Decreased	9.5M	-45.0%	$532.5M	1.0%	$24.86	0
2023-Q1	Increased	17.2M	+36.6%	$953.1M	2.3%	$24.16	71
2022-Q4	Increased	12.6M	+831.0%	$700.3M	1.8%	$23.93	80
2022-Q3	Increased	1.4M	+4.1%	$62.2M	0.3%	$19.84	37
2022-Q2	Decreased	1.3M	-0.5%	$70M	0.3%	$21.70	0
2022-Q1	Increased	1.3M	+7.3%	$81.7M	0.2%	$24.81	38
2021-Q4	First report	1.2M	-	$51.4M	0.2%	$16.74	0