Smart Money · Holder IQ
76 / 100
Above median holder quality (percentile 94.9 this quarter). Holder trend is not available.
CNI
Canadian National Railway CompanyNYSE
Industrials • Railroads
Factor tilt: Large-Cap Defensive
$126.78-0.33%
Close Nov 10, 2026
- Market cap
- $77.02B
- 1 month
- +7.0%
- 3 months
- +0.4%
- 1 year
- +33.4%
- 52-week range
- $90.91$130.58
Reading stored signals…
More market facts
- Dividend, last 12 mo
- None in the last year
- Last ex-date
- Jun 7, 2024 · $0.615
- Short interest
- 0.7% of float4.3M shares · settled Oct 30, 2026 · -13.3% since Oct 15, 2026 · FINRA
End-of-day close from stored market data, not a live quote.
Quarterly results
The last 8 fiscal quarters from EODHD’s latest stored vendor-normalized figures. These may include restatements. Year over year compares the same quarter a year earlier. Figures are in CAD, the currency CNI reports in.
| Quarter | Revenue | YoY | Gross margin | Op. income | Net income |
|---|---|---|---|---|---|
| Jun 2026filed Jul 24, 2026 | CA$4.8B | +11.3% | 43.7% | CA$1.8B | CA$1.2B |
| Mar 2026filed Apr 29, 2026 | CA$4.4B | -0.3% | 42.8% | CA$1.6B | CA$1.1B |
| Sep 2025filed Oct 31, 2025 | CA$4.2B | +1.5% | 44.9% | CA$1.6B | CA$1.1B |
| Jun 2025filed Jun 30, 2025 | CA$4.3B | -1.3% | 42.8% | CA$1.6B | CA$1.2B |
| Mar 2025filed Mar 31, 2025 | CA$4.4B | +3.6% | 40.4% | CA$1.6B | CA$1.2B |
| Dec 2024filed Feb 4, 2025 | CA$4.4B | -2.5% | 41.5% | CA$1.6B | CA$1.1B |
| Sep 2024filed Sep 30, 2024 | CA$4.1B | +3.1% | 40.4% | CA$1.5B | CA$1.1B |
| Jun 2024filed Aug 9, 2024 | CA$4.3B | — | 41.3% | CA$1.6B | CA$1.1B |
Balance sheet · cash, debt and near-term obligations
What resources sit beside the obligations? These are balances at each fiscal quarter end, not cash earned during the quarter. Amounts are in CAD, the reporting currency.
As of
- Reported cash
- CA$294.1M
- Reported total debt
- CA$22.6B
- Current assets
- CA$2.8B
- Current liabilities
- CA$3.3B
Vendor filing date:
As of
- Reported cash
- CA$587.5M
- Reported total debt
- CA$22.6B
- Current assets
- CA$3.1B
- Current liabilities
- CA$4.6B
Vendor filing date:
As of
- Reported cash
- CA$226.3M
- Reported total debt
- CA$21.8B
- Current assets
- CA$2.5B
- Current liabilities
- CA$4.2B
Vendor filing date:
As of
- Reported cash
- CA$216.0M
- Reported total debt
- CA$20.8B
- Current assets
- CA$2.9B
- Current liabilities
- CA$3.5B
Vendor filing date:
Link an account to see your stake, watchlist and past holdings. Compare cash and debt across dates when reviewing its reliance on financing. Current assets can include receivables and inventory; current liabilities include bills as well as borrowings. They are not all spendable cash or all debt. These figures alone do not establish the ability to repay.
Source: EODHD’s latest stored vendor-normalized balance sheets, matched to the same security and fiscal end as these income periods. They may include restatements and are not an originally-filed or knowledge-time history. No net debt, coverage ratio or replacement balance is calculated. Read the SEC guide to financial statements for the distinction between balances and cash flows.
Company Quality Grade
How steadily did the business compound its per-share book value with dividends over 40 quarters? This historical measure is not a stock-price return or a forecast.
As of
Grade withheld by the published method. This is not a zero or a poor-quality verdict.
- A published method rule prevents admission.
foreign_annual_filer - A published method rule prevents admission.
no_periodic_equity_facts - A published method rule prevents admission.
not_operating_company - A published method rule prevents admission.
sic_unknown
Link an account to see your stake, watchlist and past holdings. Use this to question the durability of the business behind your investment case, alongside its filings and valuation. A withheld grade is a data or method limit, not a sell signal. For a short position, it does not predict timing, borrowing costs or downside. It does not measure your account’s return.
Method, filing sources and publication receipt
Source: SEC first-filed XBRL. Midas Edge API’s published Green Compounders method uses only filings public by the as-of date, split-adjusted shares and the original filed values. Restatements do not replace them. Issuer pools and entity types reflect the SEC submissions captured for this run, not historical classifications at each as-of date.
The primary form fits log book value with reinvested dividends against time. The method checks the starting book and market-cap floors and excludes identified non-reliance/enforcement windows. Its cohort is fixed at capture time, so historical percentiles have capture and survival limits. It does not check audit-opinion going-concern text. This grade is separate from InsiderIQ, HolderIQ and NetCredibility.
- Parameters
- pg-g2-params.v17
- Plane
- sha256:841c1bb46826c45b96472bf9adff6a93c8ce5f5392636cff297045298e9bf517
- Grade row SHA-256
- sha256:73dbbbed4447962ff5b13319da50ced8306cd7eb60391093c87b0e9ec7a0632b
- Manifest SHA-256
- sha256:c94c0931ffa7d9818ad0d34110b400f347a53da8a9c7d9aee1013095384d6a8a
- Engine SHA-256
- sha256:defa2e17f100b92a30576940d1632532b5cc4f37a2cb4bcc7fcc881856417811
- Hand-check receipt SHA-256
- sha256:03dd742b7b83e1130b4c01f9beaaf2671b20562c447a337dd047a41ad675ed3c
People-network credibility
The people behind a company influence capital allocation and controls. This published research measures graph connections to people with admitted adjudications (RED), and to repeat value creators or stewards of qualifying compounders and long-term shareholder-return leaders (GREEN). Connections alone do not establish conduct. These measures are separate from insider trading performance and Company Quality Grade.
Published people-network evidence is unavailable right now. The company's financials, holdings and filed source records on this page remain available. No missing score is replaced with zero.
Short-interest history
FINRA reports open short positions for a settlement date. The publication date is later. These are reported positions, with a separate date for each observation.
Compare the reported short exposure around the dates you bought, sold or watched CNI. A long position benefits from price rises; a short position benefits from falls. A change in these counts does not predict either move.
Settlement Oct 30, 2026
4,325,380 shares short
-660,797 shares (-13.3%) vs Oct 15, 2026
0.7% of the stored float. Published Nov 10, 2026.
Settlement Oct 15, 2026
4,986,177 shares short
-1,398,692 shares (-21.9%) vs Sep 30, 2026
0.8% of the stored float. Published Oct 26, 2026.
Settlement Sep 30, 2026
6,384,869 shares short
+982,446 shares (+18.2%) vs Sep 15, 2026
1.1% of the stored float. Published Oct 9, 2026.
Settlement Sep 15, 2026
5,402,423 shares short
-1,329,856 shares (-19.8%) vs Aug 31, 2026
Share of float unavailable. Published Sep 24, 2026.
Settlement Aug 31, 2026
6,732,279 shares short
+1,912,206 shares (+39.7%) vs Aug 14, 2026
1.1% of the stored float. Published Sep 10, 2026.
Settlement Aug 14, 2026
4,820,073 shares short
+168,078 shares (+3.6%) vs Jul 31, 2026
0.8% of the stored float. Published Aug 25, 2026.
Change = this settlement’s shares short − the previous recorded settlement’s shares short; percentage change divides by that earlier count. A zero earlier count has no percentage change. Split-spanning counts are left uncompared. Float percentages use the stored settlement observation, not today’s float.
Source: stored FINRA equity short-interest records, up to six settlements from the last 240 days. FINRA data and reporting dates · How to read short interest
Dividends and stock splits
See the recorded cash amounts and dates behind CNI’s income, and the splits that change its share count. Dates below are stored event records, not confirmation of a payment to your account.
Cash-dividend records
CAD 0.915 per share
Ex-dividend date: Dec 9, 2026 (future recorded date)
Recorded pay date: Dec 30, 2026 (pending)
Cash dividend · Polygon event record
CAD 0.915 per share
Ex-dividend date: Sep 8, 2026
Recorded pay date: Sep 29, 2026 (past date)
Cash dividend · Polygon event record
CAD 0.915 per share
Ex-dividend date: Jun 9, 2026
Recorded pay date: Jun 30, 2026 (past date)
Cash dividend · Polygon event record
CAD 0.915 per share
Ex-dividend date: Mar 10, 2026
Recorded pay date: Mar 31, 2026 (past date)
Cash dividend · Polygon event record
CAD 0.8875 per share
Ex-dividend date: Dec 9, 2025
Recorded pay date: Dec 30, 2025 (past date)
Cash dividend · Polygon event record
CAD 0.8875 per share
Ex-dividend date: Sep 8, 2025
Recorded pay date: Sep 29, 2025 (past date)
Cash dividend · Polygon event record
Up to six Polygon cash-dividend events, including recorded ex-dates within the next 120 days. Amounts retain their recorded currency and decimal precision. Historical amounts are not restated to a common split basis, annualized, or converted to dollars.
For a long holding, compare the ex-date with when you held the shares and check the pay date against your broker’s cash history. Owning the stock today does not establish past entitlement. For a short holding, a dividend can create a payment obligation to the share lender.
Ex-dates and special dividend rules · Short-sale dividend obligations · Dividend data definitions
Split history
2 for 1 · forward split
Effective Dec 2, 2013
Each 1 pre-split share becomes 2 post-split shares.
Source: EODHD
2 for 1 · forward split
Effective Mar 1, 2006
Each 1 pre-split share becomes 2 post-split shares.
Source: EODHD
3 for 2 · forward split
Effective Mar 1, 2004
Each 2 pre-split shares become 3 post-split shares.
Source: EODHD
2 for 1 · forward split
Effective Sep 28, 1999
Each 1 pre-split share becomes 2 post-split shares.
Source: EODHD
Up to six stored split dates through Nov 12, 2026. Equivalent vendor ratios are combined; conflicting ratios are left out. This history may be incomplete.
A split changes the share count and per-share price basis; it does not by itself add investment value. Put your holding’s earlier and later share counts on the same basis before comparing them. This applies to both long shares and shares owed on a short position.
How stock splits workPortfolio context
Link an account to see your stake, watchlist and past holdings.
We’ll show you if CNI is in your portfolio and how much it contributes.
Sign inMarket context
Loading market dates
Smart money context
Holder IQ: MEDIUM
132 smart-money holders: institutions with a high Holder IQ
Q2 2026, filed Nov 5, 2026
Smart-money 13F trend: unchanged (light)
Unlock crowding heatmapUnlock filer discoveryInsider context
Sentiment: unknown
No recent insider trades detected.
Read the insider context evidence
What it means for you
Sign in to read your holdings or watchlist context. No personal position or direction is inferred.
What happened
No directional recent-activity label is available. This context label is separate from the scored insider signal read.
Why it can matter
A count of reported activity describes a sample, not purchase conviction, an insider’s intent or a future price move. Neutral is not an all-clear, and absent direction is not neutral evidence.
How we got this
The current context rule reads at most 50 nonduplicate issuer/share-class records filed in the last 90 days. It counts a bullish direction or purchase code P toward bullish, and a bearish direction or sale code S toward bearish. A side must exceed the opposite count by more than two to set its label; otherwise nonzero directional counts produce neutral. Calculation unavailable for this saved label: its counts, exact records, as-of time and rule version are not supplied here. Do not substitute the separate scored read’s different window or denominator.
Where the data comes from
Stored SEC Forms 3/4/5 insider-signal records, ordered by filing date with amendment duplicates excluded. Filing date is not transaction date. The last-trade line locates recent reported activity; it does not date or reconstruct the complete count.
Red flags: 0
Read the insider context evidence
What it means for you
Sign in to read your holdings or watchlist context. No personal position or direction is inferred.
What happened
No directional recent-activity label is available. This context label is separate from the scored insider signal read.
Why it can matter
A count of reported activity describes a sample, not purchase conviction, an insider’s intent or a future price move. Neutral is not an all-clear, and absent direction is not neutral evidence.
How we got this
The current context rule reads at most 50 nonduplicate issuer/share-class records filed in the last 90 days. It counts a bullish direction or purchase code P toward bullish, and a bearish direction or sale code S toward bearish. A side must exceed the opposite count by more than two to set its label; otherwise nonzero directional counts produce neutral. Calculation unavailable for this saved label: its counts, exact records, as-of time and rule version are not supplied here. Do not substitute the separate scored read’s different window or denominator.
Where the data comes from
Stored SEC Forms 3/4/5 insider-signal records, ordered by filing date with amendment duplicates excluded. Filing date is not transaction date. The last-trade line locates recent reported activity; it does not date or reconstruct the complete count.
Largest 13-F holders · Q2 2026
852 filers reported a long position in CNI for Q2 2026. 13-F holdings are filed up to 45 days after the quarter ends.
The top 10 hold
48.7%
of the 404.2M shares 13-F filers reported
Moves vs Q1 2026
6 added3 trimmed
1 unchanged
Net shares held
+1.3%
across the 10 holders with a comparable Q1 2026 book
| Rank | Holder | Value | Shares | Shares vs Q1 2026 |
|---|---|---|---|---|
| 1 | Gates Foundation Trust | $6.2B · 51.8M shares | 51.8M | Unchanged |
| 2 | Royal Bank of Canada | $3.7B · 31.2M shares | 31.2M | +13.3% |
| 3 | FIL Ltd | $2.3B · 19.1M shares | 19.1M | +13.6% |
| 4 | Caisse De Depot Et Placement Du Quebec | $2.3B · 19M shares | 19M | +0.9% |
| 5 | 1832 Asset Management L.P. | $2B · 16.5M shares | 16.5M | -11.6% |
| 6 | Vanguard Capital Management LLC | $1.9B · 15.9M shares | 15.9M | +0.8% |
| 7 | Bank of Montreal | $1.8B · 14.8M shares | 14.8M | +6% |
| 8 | Mackenzie Financial Corp | $1.5B · 8.9M shares | 8.9M | +1.9% |
| 9 | TD Asset Management Inc | $1.2B · 9.9M shares | 9.9M | -18.3% |
| 10 | TCI Fund Management Ltd | $1.1B · 9.4M shares | 9.4M | -4.2% |
Sign in to see each holder’s Holder IQ, factor-adjusted Holder IQ and rank, and compare these holders with all scored filers. Available on every plan.
Sign inMoves the factor model did not explain
How much of CNI’s move accompanied the market and its measured style leanings, and how much was left? The residual is unexplained by this fitted model. It does not establish a cause, skill or future alpha.
Return split unavailable. A complete, reconciled model for every market session in this window is unavailable. Missing dates are not filled.
Link an account with dated transactions to see what share of your own holding’s move since its purchase-date close was unexplained, with long and short positions distinguished. Your private holdings never enter this public chart.
Dated model observations (20)
Daily percentage returns, not window contributions. Source: the same dated warehouse rows and model v1.2.0; observed 2026-11-12T00:31:55.831Z. Absent sessions are never interpolated; missing or failed inputs stay unavailable.
| Date | Stock | Market | Styles | Residual |
|---|---|---|---|---|
| Unavailable | Unavailable | Unavailable | Unavailable | |
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How this split is calculated
Each day uses that day’s fitted market intercept and style exposures multiplied by that day’s published factor returns. Their sum plus the independently stored residual must reconcile to the stock return. Window effects are weighted by stock wealth at each day’s start and added; the stock return compounds. Every expected US market session must be present and pass source, identity, model and numerical checks. This retrospective fit is an explanation of measured returns, not evidence of causation or an investable forecast. The window ends at the latest published model session, which can lag the market; today’s unfinished session is excluded.
What insiders reported owning
Reading dated filing evidence…
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