John Armitage's Egerton Capital exited Canadian Natural Resources Ltd (CNQ) during 2026 Q2, according to the 13F-HR filed with the SEC on July 21, 2026, selling all 5.69M shares. The position had been worth about $277.1M at the prior quarter-end and carried 3.07% of the book. CNQ had been in the portfolio for 1 quarter, since the quarter ended March 31, 2026.
What did the 2026 Q2 filing report for CNQ?
As of June 30, 2026, from the 13F-HR filed July 21, 2026.
| Before | After | |
|---|---|---|
| Shares | 5.69M | 0 |
| Reported value | $277.1M | $0 |
| Portfolio weight | 3.07% | 0% |
| Held since | 2026 Q1 | sold out in 2026 Q2 |
| Quarters held | 1 |
What did John Armitage sell?
John Armitage sold 5.69M shares of CNQ between the quarter ended March 31, 2026 and June 30, 2026. The CNQ exit was the 7th largest of the quarter's 29 position changes by percent change to portfolio.
Where does CNQ sit in the John Armitage portfolio?
Before the sale, CNQ carried 3.07% of the John Armitage portfolio, below the fund's average stock position of 4%. The largest stock position is V at 14.13%. Next come GOOG at 11.24% and APH at 8.29%. The three largest stocks together are 33.66% of the book. Across the 2026 Q2 portfolio, John Armitage reported 23 stock positions, with 5 opened and 6 closed. The total portfolio value is about $10.4B, up 15% from the prior quarter.
How long has John Armitage held CNQ?
John Armitage held CNQ for 1 quarter, from the quarter ended March 31, 2026 to March 31, 2026. Every reported trade is on the John Armitage CNQ trade history page.
Did other funds buy or sell CNQ in 2026 Q2?
Among the other tracked funds that had filed for 2026 Q2 as of July 21, 2026, 2 still hold CNQ. Meanwhile one opened it. The largest buyer of CNQ this quarter was Sarah Ketterer. The largest seller was Donald Yacktman. Every tracked holder of CNQ is on the CNQ ownership page.
FAQ
How many CNQ shares did John Armitage sell?
John Armitage sold all 5.69M shares of CNQ it reported a quarter earlier, worth about $277.1M.
When did John Armitage first buy CNQ?
John Armitage first reported CNQ in the quarter ended March 31, 2026.
How much of the John Armitage portfolio was CNQ?
CNQ was 3.07% of the John Armitage portfolio at the prior quarter-end, and 0% after the sale.
Did other funds sell CNQ in 2026 Q2?
No other tracked fund sold out of CNQ in 2026 Q2, but 1 trimmed it; 2 still hold it.