PensionDanmark Pensionsforsikringsaktieselskab 13F: Cuts CP Stake by $3.1M

PensionDanmark reduced its holdings in Canadian Pacific Kansas City Limited (CP) by 21.4%, cutting 35,982 shares during the period. According to a Form 13F filed with the U.S. Securities and Exchange Commission on October 19, 2026, the fund ended the quarter with 132,487 shares worth approximately $11.3 million. That followed a prior holding of 168,469 shares.

CP Canadian Pacific Kansas City Limited

$86.58 ▲ +17.05% year to date

1M 3M YTD

Daily close · Oct 19, 2026

What Changed in PensionDanmark's Canadian Pacific Kansas City Position

PensionDanmark pared back its exposure to the railroad operator by selling 35,982 shares, resulting in a 21.4% decrease in its position size. The remaining stake of 132,487 shares carried a reported value of $11,310,036 at the time of the filing.

Other Institutional Activity in Canadian Pacific Kansas City

Other large funds also adjusted their positions in the rail operator during recent reporting periods. Sustainable Growth Advisers cut its stake by 1,239,476 shares, leaving it with 2,007,716 shares valued at about $170.9 million. Royal Bank of Canada grew its holdings by 1,286,684 shares, ending with 54,236,633 shares worth about $4.7 billion. TCI Fund Management Ltd trimmed its position by 1,195,598 shares to finish with 45,325,726 shares valued at roughly $3.9 billion. Meanwhile, FIL LTD added 218,405 shares for a new total of 21,218,898 shares worth about $1.8 billion, and Bank of Montreal lifted its stake by 206,636 shares to end with 19,886,289 shares valued at approximately $1.7 billion.

Canadian Pacific Kansas City Limited Stock Down 0.4%

Shares of Canadian Pacific Kansas City recently traded around $86.58 as of October 20, 2026, sitting down about 0.9% from an event close of $87.36 on October 16, 2026.

Recent Earnings

Canadian Pacific Kansas City Limited reported trailing twelve-month revenue of $15.45 billion alongside earnings of $3.11 per share. Profitability metrics include a net profit margin of 25.0% and a return on equity of 8.2%. The company's next earnings report is scheduled for October 28, 2026.

Dividend

The company pays an annual dividend rate of $0.75 per share, representing a dividend payout ratio of 22.1%.

Analysts Set New Price Targets

Wall Street firms recently updated their views on the stock ahead of the filing. Citigroup, RBC Capital, and Evercore ISI Group maintained positive ratings with various price targets during July and October 2026.

About Canadian Pacific Kansas City

Headquartered in Calgary, Alberta, Canadian Pacific Kansas City Limited owns and operates a transcontinental freight railway linking Canada, the United States, and Mexico. The railroad plays a vital role in North American supply chains by moving bulk commodities, merchandise, and intermodal freight across international borders.

Bottom Line

Investors will watch for the company's upcoming earnings report on October 28, 2026, for fresh operational updates. Institutional ownership shifts will continue to unfold in subsequent SEC filings.