Ray Dalio's CNI Position Overview
Ray Dalio (via Bridgewater Associates, Lp) currently holds 203,220 shares of Canadian National Railway Company (CNI) worth $19.17 M, representing 0.08% of the portfolio. First purchased in 2017-Q2, this long-term strategic position has been held for 34 quarters.
Based on 13F filings, Ray Dalio has maintained a strategic position in CNI, demonstrating sustained confidence in this investment. Largest addition occurred in Q2 2018, adding 220,570 shares. Largest reduction occurred in Q4 2020, reducing 226,833 shares.
Analysis based on 13F filings available since 2013 Q2
Ray Dalio's Canadian National Railway Company (CNI) Holding Value Over Time
Track share changes against reported price movement
Quarterly Canadian National Railway Company (CNI) Trades by Ray Dalio
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q2 2017 | +149,122 | New Buy | 149,122 | $80.92 |
| Q3 2017 | -4,605 | Reduce 3.09% | 144,517 | $82.66 |
| Q4 2017 | -61,442 | Reduce 42.52% | 83,075 | $82.72 |
| Q1 2018 | -1,963 | Reduce 2.36% | 81,112 | $73.03 |
| Q2 2018 | +220,570 | Add 271.93% | 301,682 | $81.75 |
| Q3 2018 | +51,364 | Add 17.03% | 353,046 | $89.65 |
| Q4 2018 | -57,571 | Reduce 16.31% | 295,475 | $74.03 |
| Q1 2019 | -55,418 | Reduce 18.76% | 240,057 | $89.55 |
| Q4 2019 | -2,102 | Reduce 0.88% | 237,955 | $90.59 |
| Q1 2020 | -3,085 | Reduce 1.30% | 234,870 | $77.30 |
| Q2 2020 | -234,870 | Sold Out | 234,870 | $0.00 |
| Q4 2020 | +8,037 | New Buy | 8,037 | $109.87 |
| Q1 2021 | +2,651 | Add 32.98% | 10,688 | $116.02 |
| Q2 2021 | +57,976 | Add 542.44% | 68,664 | $105.62 |
| Q3 2021 | +67,839 | Add 98.80% | 136,503 | $115.87 |
| Q4 2021 | -2,599 | Reduce 1.90% | 133,904 | $123.01 |
| Q1 2022 | +1,095 | Add 0.82% | 134,999 | $134.26 |
| Q2 2022 | -10,075 | Reduce 7.46% | 124,924 | $112.24 |
| Q3 2022 | -17,827 | Reduce 14.27% | 107,097 | $108.57 |
| Q4 2022 | +9,143 | Add 8.54% | 116,240 | $118.71 |
| Q1 2023 | -36,756 | Reduce 31.62% | 79,484 | $117.83 |
| Q2 2023 | -3,894 | Reduce 4.90% | 75,590 | $121.23 |
| Q3 2023 | -5,468 | Reduce 7.23% | 70,122 | $108.79 |
| Q4 2023 | +1,471 | Add 2.10% | 71,593 | $126.31 |
| Q1 2024 | -26,941 | Reduce 37.63% | 44,652 | $131.81 |
| Q2 2024 | +2,273 | Add 5.09% | 46,925 | $118.14 |
| Q3 2024 | +4,795 | Add 10.22% | 51,720 | $117.23 |
| Q4 2024 | +205,024 | Add 396.41% | 256,744 | $101.49 |
| Q1 2025 | +26,716 | Add 10.41% | 283,460 | $97.30 |
| Q2 2025 | -105,170 | Reduce 37.10% | 178,290 | $103.99 |
| Q3 2025 | +24,930 | Add 13.98% | 203,220 | $94.32 |
Ray Dalio's Canadian National Railway Company Investment FAQs
Ray Dalio first purchased Canadian National Railway Company (CNI) in Q2 2017, acquiring 149,122 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Ray Dalio has held Canadian National Railway Company (CNI) for 34 quarters since Q2 2017.
Ray Dalio's largest addition to Canadian National Railway Company (CNI) was in Q2 2018, adding 301,682 shares worth $24.66 M.
According to the latest 13F filing for Q3 2025, Ray Dalio's firm, Bridgewater Associates, Lp, owns 203,220 shares of Canadian National Railway Company (CNI), valued at approximately $19.17 M.
As of the Q3 2025 filing, Canadian National Railway Company (CNI) represents approximately 0.08% of Ray Dalio's publicly disclosed stock portfolio, making it one of their key holdings.
Ray Dalio's peak holding in Canadian National Railway Company (CNI) was 353,046 shares, as reported at the end of Q3 2018.