CANADIAN PACIFIC KANSAS CITY LTD/CN (CP) — Institutional Holders, Q2 2026

986 institutional investment managers reported a CP position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $54.8B. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.

← CP stock profile

CP in Q2 2026: what funds did

Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.

New positions

Added to

334

Trimmed

298

Sold out

Biggest buyers

JPMORGAN CHASEAdded · +10,625,372 sh+$920.7M
FMRAdded · +4,157,528 sh+$360.2M
Connor, Clark & Lunn Investment Management Ltd.Added · +2,193,094 sh+$190.0M
MACKENZIE FINANCIALAdded · +1,423,357 sh+$123.3M
GOLDMAN SACHS GROUPAdded · +1,384,860 sh+$120.0M

Biggest sellers

TD ASSET MANAGEMENTTrimmed · -4,241,354 sh-$367.5M
CANTILLON CAPITAL MANAGEMENTTrimmed · -4,144,575 sh-$359.1M
Fisher Asset ManagementTrimmed · -2,643,357 sh-$229.0M
CAUSEWAY CAPITAL MANAGEMENTTrimmed · -2,080,898 sh-$180.3M
FRANKLIN RESOURCESTrimmed · -2,066,453 sh-$179.1M

CP 13F holders ranked 1–100 of 986

Institutional investors reporting a position in CANADIAN PACIFIC KANSAS CITY LTD/CN on SEC Form 13F-HR for Q2 2026, ranked by reported value.
#	Institution	Shares	Value	% of portfolio	QoQShares vs Q1 2026
1	ROYAL BANK OF CANADA#1 · 54,236,633 sh	54,236,633	$4.7B	0.70%	+2.4%
2	TCI Fund Management Ltd#2 · 45,325,726 sh	45,325,726	$3.9B	7.44%	-2.6%
3	JPMORGAN CHASE#3 · 26,369,828 sh	26,369,828	$2.3B	0.13%	+67.5%
4	VANGUARD CAPITAL MANAGEMENT#4 · 24,565,613 sh	24,565,613	$2.1B	0.05%	-0.4%
5	FMR#5 · 24,316,233 sh	24,316,233	$2.1B	0.09%	+20.6%
6	MACKENZIE FINANCIAL#6 · 17,049,319 sh	17,049,319	$2.1B	2.07%	+9.1%
7	FIL Ltd#7 · 21,218,898 sh	21,218,898	$1.8B	1.32%	+1.0%
8	Invesco Ltd.#8 · 20,465,048 sh	20,465,048	$1.8B	0.14%	-8.1%
9	BANK OF MONTREAL#9 · 19,886,289 sh	19,886,289	$1.7B	0.57%	+1.0%
10	WCM INVESTMENT MANAGEMENT#10 · 15,281,812 sh	15,281,812	$1.3B	2.41%	-5.0%
11	TD ASSET MANAGEMENT#11 · 14,588,459 sh	14,588,459	$1.3B	1.10%	-22.5%
12	1832 Asset Management L.P.#12 · 14,086,643 sh	14,086,643	$1.2B	0.61%	-0.4%
13	NORGES BANK#13 · 13,671,726 sh	13,671,726	$1.2B	0.12%	—
14	GEODE CAPITAL MANAGEMENT#14 · 9,777,885 sh	9,777,885	$859.5M	0.05%	+11.1%
15	MASSACHUSETTS FINANCIAL SERVICES#15 · 4,248,626 sh	4,248,626	$820.5M	0.26%	-12.2%
16	GOLDMAN SACHS GROUP#16 · 9,306,696 sh	9,306,696	$806.4M	0.07%	+17.5%
17	Connor, Clark & Lunn Investment Management Ltd.#17 · 9,270,972 sh	9,270,972	$803.0M	1.52%	+31.0%
18	VANGUARD FIDUCIARY#18 · 7,870,290 sh	7,870,290	$682.3M	0.15%	-0.9%
19	MANUFACTURERS LIFE INSURANCE COMPANY, THE#19 · 7,600,778 sh	7,600,778	$657.7M	0.51%	-6.2%
20	CIBC WORLD MARKET#20 · 7,579,771 sh	7,579,771	$656.6M	1.05%	-2.8%
21	NATIONAL BANK OF CANADA#21 · 7,056,476 sh	7,056,476	$610.3M	0.44%	-0.3%
22	Legal & General Group Plc#22 · 6,978,871 sh	6,978,871	$604.8M	0.13%	-2.4%
23	CAUSEWAY CAPITAL MANAGEMENT#23 · 6,711,483 sh	6,711,483	$581.7M	6.30%	-23.7%
24	Jupiter Topco#24 · 6,654,647 sh	6,654,647	$576.7M	0.23%	—
25	MORGAN STANLEY#25 · 6,306,445 sh	6,306,445	$546.5M	0.03%	+27.9%
26	CANADA PENSION PLAN INVESTMENT BOARD#26 · 6,263,236 sh	6,263,236	$542.5M	0.30%	+14.0%
27	TD Waterhouse Canada#27 · 6,189,760 sh	6,189,760	$532.6M	—	+0.1%
28	DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt#28 · 5,790,040 sh	5,790,040	$501.9M	0.38%	-3.9%
29	Fiera Capital#29 · 5,752,356 sh	5,752,356	$497.8M	1.81%	-2.6%
30	Veritas Asset Management LLP#30 · 5,727,867 sh	5,727,867	$496.3M	8.93%	-16.4%
31	CIBC Asset Management#31 · 5,620,145 sh	5,620,145	$488.3M	1.07%	-15.0%
32	Rothschild & Wealth Management UK Ltd#32 · 5,223,365 sh	5,223,365	$452.6M	—	-0.8%
33	Allspring Global Investments#33 · 5,146,163 sh	5,146,163	$442.2M	0.68%	-2.9%
34	Federation des caisses Desjardins du Quebec#34 · 4,924,762 sh	4,924,762	$424.6M	1.30%	+29.2%
35	Select Equity Group, L.P.#35 · 4,346,986 sh	4,346,986	$376.8M	1.86%	-12.3%
36	FAYEZ SAROFIM#36 · 4,104,463 sh	4,104,463	$355.7M	0.84%	-11.2%
37	Vanguard Global Advisers#37 · 3,779,220 sh	3,779,220	$327.7M	0.15%	+4.4%
38	BARCLAYS PLC#38 · 3,757,595 sh	3,757,595	$325.6M	0.06%	-10.3%
39	SCOTIA CAPITAL#39 · 3,624,243 sh	3,624,243	$313.0M	1.17%	-1.8%
40	Fisher Asset Management#40 · 3,559,491 sh	3,559,491	$308.4M	0.09%	-42.6%
41	Beutel, Goodman & Ltd.#41 · 3,556,364 sh	3,556,364	$308.2M	2.27%	-13.5%
42	Sustainable Growth Advisers#42 · 3,247,192 sh	3,247,192	$281.4M	—	-37.7%
43	BANK OF AMERICA#43 · 3,195,613 sh	3,195,613	$276.9M	0.02%	+9.1%
44	Clearbridge Investments#44 · 2,970,312 sh	2,970,312	$257.4M	0.21%	+3.7%
45	TORONTO DOMINION BANK#45 · 2,889,961 sh	2,889,961	$250.3M	0.29%	+6.3%
46	Swiss National Bank#46 · 2,883,893 sh	2,883,893	$249.3M	0.13%	-4.5%
47	BESSEMER GROUP#47 · 2,836,461 sh	2,836,461	$245.5M	0.34%	+11.5%
48	PICTON MAHONEY ASSET MANAGEMENT#48 · 2,829,879 sh	2,829,879	$244.7M	1.81%	+14.1%
49	AMERICAN CENTURY COMPANIES#49 · 2,648,571 sh	2,648,571	$229.6M	0.10%	+85.2%
50	CAISSE DE DEPOT ET PLACEMENT DU QUEBEC#50 · 2,635,370 sh	2,635,370	$228.4M	0.33%	+25.6%
51	FRANKLIN RESOURCES#51 · 2,626,427 sh	2,626,427	$227.6M	0.05%	-44.0%
52	Mirova US#52 · 2,586,427 sh	2,586,427	$224.1M	2.41%	+33.0%
53	AKO CAPITAL LLP#53 · 2,426,027 sh	2,426,027	$210.2M	4.90%	-11.7%
54	CHARLES SCHWAB INVESTMENT MANAGEMENT#54 · 2,395,180 sh	2,395,180	$207.6M	0.03%	+3.6%
55	Findlay Park Partners LLP#55 · 2,233,296 sh	2,233,296	$193.5M	2.61%	-3.3%
56	BANK OF NOVA SCOTIA#56 · 2,229,111 sh	2,229,111	$193.2M	0.29%	-0.6%
57	Canoe Financial#57 · 2,226,842 sh	2,226,842	$192.9M	—	+9.6%
58	DIMENSIONAL FUND ADVISORS#58 · 2,143,486 sh	2,143,486	$185.7M	0.03%	+5.6%
59	NORTHERN#59 · 2,065,563 sh	2,065,563	$179.0M	0.02%	-14.3%
60	THORNBURG INVESTMENT MANAGEMENT#60 · 2,017,847 sh	2,017,847	$174.8M	1.67%	-0.5%
61	ALKEON CAPITAL MANAGEMENT#61 · 2,004,000 sh	2,004,000	$173.6M	0.23%	0.0%
62	AGF MANAGEMENT LTD#62 · 1,989,706 sh	1,989,706	$172.8M	0.67%	+0.5%
63	UBS Group AG#63 · 1,933,673 sh	1,933,673	$167.6M	0.02%	+2.1%
64	BRISTOL JOHN W#64 · 1,812,270 sh	1,812,270	$157.0M	2.32%	-1.1%
65	BNP PARIBAS FINANCIAL MARKETS#65 · 1,746,074 sh	1,746,074	$151.3M	0.05%	-27.1%
66	Cardinal Capital Management#66 · 1,702,045 sh	1,702,045	$147.3M	—	+1.9%
67	DEUTSCHE BANK AG\#67 · 1,647,162 sh	1,647,162	$142.7M	0.04%	+6.1%
68	VANGUARD ASSET MANAGEMENT, Ltd#68 · 1,640,687 sh	1,640,687	$142.2M	0.10%	+13.6%
69	WELLS FARGO & COMPANY#69 · 1,622,252 sh	1,622,252	$140.6M	0.02%	+6.2%
70	Russell Investments Group, Ltd.#70 · 1,579,331 sh	1,579,331	$136.9M	0.12%	+60.7%
71	Amundi#71 · 1,557,502 sh	1,557,502	$135.0M	0.03%	-4.2%
72	UniSuper Management Pty Ltd#72 · 1,048,851 sh	1,048,851	$129.0M	—	+0.6%
73	Quilter Plc#73 · 1,002,765 sh	1,002,765	$123.3M	—	+1.1%
74	PUBLIC SECTOR PENSION INVESTMENT BOARD#74 · 1,400,183 sh	1,400,183	$121.3M	0.31%	+167.7%
75	Nuveen#75 · 1,382,897 sh	1,382,897	$119.8M	0.03%	+14.4%
76	Alberta Investment Management#76 · 1,350,112 sh	1,350,112	$116.9M	0.65%	+15.8%
77	BRITISH COLUMBIA INVESTMENT MANAGEMENT#77 · 1,334,748 sh	1,334,748	$115.6M	0.72%	+17.3%
78	Baird Financial Group#78 · 1,261,576 sh	1,261,576	$109.3M	0.15%	-5.2%
79	MUFG SECURITIES (CANADA), LTD.#79 · 1,255,756 sh	1,255,756	$108.7M	2.93%	-5.7%
80	REAVES W H#80 · 1,252,277 sh	1,252,277	$108.5M	1.65%	+16.1%
81	Addenda Capital#81 · 832,895 sh	832,895	$102.6M	—	+19.0%
82	GUARDIAN CAPITAL#82 · 1,181,757 sh	1,181,757	$102.4M	2.49%	-3.4%
83	AVIVA PLC#83 · 1,113,576 sh	1,113,576	$96.4M	0.14%	-2.1%
84	Aviso Financial#84 · 1,090,676 sh	1,090,676	$94.5M	3.29%	-1.4%
85	BCV Asset Management#85 · 1,084,795 sh	1,084,795	$94.4M	2.85%	-3.4%
86	Maren Capital#86 · 1,066,682 sh	1,066,682	$92.4M	4.28%	+1.8%
87	ENVESTNET ASSET MANAGEMENT#87 · 976,612 sh	976,612	$84.6M	0.02%	-7.4%
88	State of Tennessee, Treasury Department#88 · 969,670 sh	969,670	$84.0M	0.25%	-1.8%
89	SEI INVESTMENTS#89 · 947,404 sh	947,404	$82.1M	0.07%	-26.8%
90	Vanguard Investments Australia, Ltd.#90 · 887,551 sh	887,551	$76.9M	0.19%	+1.6%
91	Bank of New York Mellon#91 · 880,614 sh	880,614	$76.3M	0.01%	+5.4%
92	AQR CAPITAL MANAGEMENT#92 · 882,631 sh	882,631	$76.2M	0.03%	-9.6%
93	Vontobel Holding Ltd.#93 · 874,710 sh	874,710	$75.8M	—	New
94	MILFORD FUNDS LTD#94 · 684,565 sh	684,565	$74.7M	1.22%	+128.3%
95	NATIXIS ADVISORS#95 · 856,884 sh	856,884	$74.2M	0.08%	+27.1%
96	RAYMOND JAMES FINANCIAL#96 · 840,072 sh	840,072	$72.8M	0.02%	-4.2%
97	BlackRock#97 · 748,180 sh	748,180	$64.8M	<0.01%	+7.8%
98	HighTower Advisors#98 · 747,038 sh	747,038	$64.7M	0.06%	+1.4%
99	Focus Partners Wealth#99 · 731,089 sh	731,089	$63.3M	0.06%	-6.0%
100	Value Partners Investments#100 · 724,607 sh	724,607	$62.7M	—	+0.2%

Funds that sold out of CP in Q2 2026 (60)

Held CP at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.

Institutions that held CP in Q1 2026 and reported no position in Q2 2026.
Institution	Shares sold	Value in Q1 2026
Consulta Ltd1,350,000 sh	1,350,000	$106.2M
Holocene Advisors976,278 sh	976,278	$76.8M
Walleye Capital156,084 sh	156,084	$12.3M
Sienna Gestion107,700 sh	107,700	$8.4M
Artemis Investment Management LLP90,253 sh	90,253	$7.1M
Waratah Capital Advisors Ltd.87,807 sh	87,807	$6.9M
Erste Asset Management GmbH84,974 sh	84,974	$6.6M
Squarepoint Ops67,754 sh	67,754	$5.3M
VICTORY CAPITAL MANAGEMENT35,100 sh	35,100	$3.8M
SMA Capital45,000 sh	45,000	$3.5M
Entropy Technologies44,997 sh	44,997	$3.5M
SIG North Trading, ULC37,755 sh	37,755	$3.0M
BANQUE PICTET & CIE SA37,067 sh	37,067	$2.9M
SEGALL BRYANT & HAMILL32,179 sh	32,179	$2.7M
BEACONLIGHT CAPITAL20,314 sh	20,314	$1.6M
Gotham Asset Management20,199 sh	20,199	$1.6M
Anson Funds Management20,000 sh	20,000	$1.6M
Farringdon Capital, Ltd.15,510 sh	15,510	$1.2M
Magnetar Financial15,454 sh	15,454	$1.2M
SANDERS MORRIS HARRIS15,354 sh	15,354	$1.2M
Banque Cantonale Vaudoise14,678 sh	14,678	$1.2M
MMCAP International SPC12,800 sh	12,800	$1.0M
Numerai GP11,657 sh	11,657	$916.9K
Private Capital Advisors9,000 sh	9,000	$707.9K
YOUSIF CAPITAL MANAGEMENT7,464 sh	7,464	$587.1K
FOX RUN MANAGEMENT, L.L.C.6,625 sh	6,625	$513.6K
Headlands Technologies5,857 sh	5,857	$460.7K
Jain Global5,600 sh	5,600	$440.7K
Twin Tree Management5,336 sh	5,336	$419.7K
Pictet North America Advisors SA5,083 sh	5,083	$398.7K
Golden State Equity Partners4,634 sh	4,634	$364.5K
TUDOR INVESTMENT ET AL4,594 sh	4,594	$361.4K
Tradewinds3,938 sh	3,938	$339.5K
AIGEN INVESTMENT MANAGEMENT2,794 sh	2,794	$305.9K
Empowered Funds3,236 sh	3,236	$254.5K
Gateway Wealth Partners3,003 sh	3,003	$236.1K
AlphaGrep UK Ltd2,902 sh	2,902	$228.3K
EVOKE WEALTH2,742 sh	2,742	$216.1K
TCW GROUP2,721 sh	2,721	$214.0K
MOTCO1,550 sh	1,550	$121.9K
MBM WEALTH CONSULTANTS1,453 sh	1,453	$114.3K
Opal Wealth Advisors1,311 sh	1,311	$103.1K
Alphadyne Asset Management1,136 sh	1,136	$89.4K
Aster Capital Management (DIFC) Ltd885 sh	885	$62.1K
Root Financial Partners765 sh	765	$60.2K
Western Wealth Management639 sh	639	$50.2K
TWIN PEAKS WEALTH ADVISORS334 sh	334	$26.3K
CURIO WEALTH250 sh	250	$19.7K
RESOURCES MANAGEMENT /CT225 sh	225	$18.0K
Sound Income Strategies207 sh	207	$16.1K
Bravera Wealth177 sh	177	$13.9K
Intentional Wealth Strategies127 sh	127	$10.0K
KELLEHER FINANCIAL ADVISORS100 sh	100	$7.9K
Truvestments Capital57 sh	57	$4.5K
IFS Advisors50 sh	50	$3.9K
Magnolia Wealth Management42 sh	42	$3.3K
Hilton Head Capital Partners39 sh	39	$3.1K
Frazier Financial Advisors4 sh	4	$315.00
Rachor Investment Advisory Services3 sh	3	$236.00
Activest Wealth Management2 sh	2	$157.00

Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.