CNQ β€” CANADIAN NAT RES LTD

Ownership history in Genus Capital Management Inc.  Β·  9 quarters on record

This page tracks every 13F SEC filing in which Genus Capital Management Inc. reported a position in CANADIAN NAT RES LTD (CNQ). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
1.1% (2023 Q3)
πŸ“Š Avg. % of fund
0.64%
πŸ“… First filed
2023 Q3
πŸ“… Last filed
2025 Q3
⏱ Quarters held
9

Position Intelligence

Genus Capital Management Inc. Γ— CNQ AI Analytics

πŸ“‰ Genus Capital Management Inc. underperformed the S&P 500 by –17.6% annually on this CNQ position. Timing score: 43% (3/7 decisions correct). Average cost basis: $32.48. Maximum drawdown during holding period: –16.2%.

πŸ“ˆ Position Alpha vs SPY
-17.6%
annualised excess return

❌ Significantly underperformed the S&P 500 by 17.6% ann.
7 quarters analyzed

⏱️ Timing Score
43%

⚠️ Poor timing β€” buys often preceded drops, trims preceded rallies.
3 of 7 add/trim decisions correct

πŸ’° Entry Quality
$32.48
-2.5% vs current ($31.67)

Best entry: $31.12 (2025 Q2)  Β·  Worst: $33.53 (2024 Q2)

πŸ›‘οΈ Drawdown Resilience
–16.2%
max drawdown while held

πŸ’Ž No drawdown exceeding 20% during the holding period β€” exceptionally stable.

πŸ’ͺ Fund Conviction
33%
buy-side decisions

3 adds Β· 6 trims. Bought during 1 of 3 down-price quarters. πŸ“‰ Predominantly trimming β€” distribution phase.

πŸ“‘ Position Trajectory
↓ Shrinking
last 4–5 quarters trend

πŸ“‰ Portfolio weight has been declining in recent quarters. Possible distribution phase.
Currently 0.13% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    CNQ price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 9 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q3 REDUCED 35,358 -138,408 -79.7% 0.13% $1.1M $31.67
2025 Q2 ADDED 173,766 +142,150 +449.6% 0.69% $5.5M $31.12
2025 Q1 REDUCED 31,616 -119,680 -79.1% 0.14% $973K $30.12
2024 Q4 REDUCED 151,296 -30,560 -16.8% 0.63% $4.7M $29.79
2024 Q3 REDUCED 181,856 -50,424 -21.7% 0.79% $6.0M $31.65
2024 Q2 ADDED 232,280 +183,786 +379.0% 1.09% $8.3M $33.53
2024 Q1 REDUCED 48,494 -22,405 -31.6% 0.48% $3.7M $35.54
2023 Q4 REDUCED 70,899 -36,420 -33.9% 0.69% $4.7M $30.19
2023 Q3 INITIATED 107,319 β€” β€” 1.10% $7.0M β€”

🏒 Other funds also holding CNQ

As of 2025 Q4 β€” sorted by position size

YACKTMAN ASSET MANAGEMENT LP 3Y 7Y 8.9% Goehring & Rozencwajg Associates, LLC 3Y 6.38% EPACRIA CAPITAL PARTNERS, LLC 3Y 6.12% Heronetta Management, L.P. 3Y 7Y 5.2% Mudita Advisors LLP 3Y 4.66% Old West Investment Management, LLC 3Y 7Y 4.64% Heathbridge Capital Management Ltd. 3Y 7Y 4.38% Rempart Asset Management Inc. 3Y 4.03% LONGFELLOW INVESTMENT MANAGEMENT CO LLC 3Y 7Y 3.55% BCV Asset Management Inc. 3.47%
← Back to Genus Capital Management Inc. Holdings