Trexquant Investment 13F: New $19M Stake in CNI

Trexquant Investment has taken a new position in Canadian National Railway Company (NYSE: CNI), according to its latest 13F filing with the SEC. The fund acquired 158,913 shares, valued at approximately $19.16 million, as of the reporting period.

What Changed in Trexquant Investment's Canadian National Railway Position

Trexquant Investment opened a new position in Canadian National Railway, adding 158,913 shares. This marks a significant new investment for the fund, as it previously held no shares in the company.

Other Institutional Activity in Canadian National Railway

Several other institutional investors have also adjusted their holdings in Canadian National Railway. The Royal Bank of Canada increased its stake by 1,395,155 shares, resulting in a total of 27,509,225 shares worth about $2.83 billion, a 5.3% increase. Caisse de Depot et Placement du Quebec boosted its holdings by 4,889,251 shares, now holding 18,784,173 shares valued at approximately $1.93 billion, a 35.2% increase. FIL LTD grew its position by 1,095,474 shares, reaching 16,841,218 shares worth around $1.73 billion, marking a 7.0% increase. Meanwhile, Vanguard Capital Management LLC opened a new position with 15,798,602 shares valued at about $1.63 billion.

Canadian National Railway Company Stock Up 1.4%

Shares of Canadian National Railway (NYSE: CNI) traded near $120.56 on Saturday. The company has a market cap of approximately $73.13 billion and a P/E ratio of 22.62. The stock has seen a 52-week low of $90.74 and a high of $122.48. Its 50-day moving average stands at $114.81, while the 200-day moving average is $103.33. The company's current ratio is 0.668, and its quick ratio is 0.403, with a debt-to-equity ratio of 105.664.

Recent Earnings

Canadian National Railway reported revenue of $17.28 billion, with a slight revenue decrease of 0.5%. The company's net margin is 27.23%, and it has a return on equity of 21.85%. The next earnings report is expected on July 24, 2026.

Dividend

The company pays an annual dividend rate of $2.62, yielding 2.18%. Its dividend payout ratio is 47.13%.

Insider Buying and Selling at Canadian National Railway Company

Derek Taylor sold 6,540 shares at an average price of $98.36 on December 23, 2025. Donald Keith Reardon executed multiple planned sales, including 7,892 shares at $122 on July 25, 2024, and 5,000 shares at $131 on February 27, 2024.

Analysts Set New Price Targets

On June 25, 2026, Barclays maintained a 'hold' rating with a $109 price target, while CIBC maintained a 'buy' rating with a target of $185. Evercore ISI Group upgraded the stock to 'buy' with a $124 target. The consensus rating is 'buy', with an average target price of $119.01 based on 12 analyst opinions.

About Canadian National Railway Company

Canadian National Railway Company is a leading provider of rail and intermodal services in North America. Headquartered in Montreal, Canada, the company operates a vast rail network that spans Canada and the United States. It offers a range of transportation services, including rail, trucking, and supply chain solutions, catering to industries like automotive, coal, and consumer goods. Under the leadership of CEO Tracy A. Robinson, Canadian National employs over 23,500 people.

Bottom Line

Trexquant Investment's new stake in Canadian National Railway highlights the fund's interest in this major transportation company. Investors often track such 13F filings to gauge institutional sentiment, though these filings reflect past positions. Canadian National Railway continues to be a significant player in the rail industry, with steady earnings and analyst interest.