Canadian Natural Resources Limited
US ˙ NYSE ˙ CA1363851017

SecurityCNQ / Canadian Natural Resources Limited
InstitutionNeuberger Berman Group LLC
Latest Disclosed Ownership832,516 shares
Latest Disclosed Value $ 41,022,222
Neuberger Berman Group LLC reports 19.43% increase in ownership of CNQ / Canadian Natural Resources Limited

On May 14, 2026 - Neuberger Berman Group LLC filed a 13F-HR form disclosing ownership of 832,516 shares of Canadian Natural Resources Limited (US:CNQ) valued at $40,568,505 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 697,065 shares of Canadian Natural Resources Limited. This represents a change in shares of 19.43% during the quarter. The current value of the position is $38,045,981 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-14 2026-03-31 13F CANADIAN NATURAL RESOURCES Common 136385101 832,516 135,451 19.43 41,022 73.59 0.0160
2026-02-13 2025-12-31 13F CANADIAN NATURAL RESOURCES Common 136385101 697,065 53,434 8.30 23,632 14.82 0.0176
2025-11-12 2025-09-30 13F CANADIAN NATURAL RESOURCES Common 136385101 643,631 -1,683 -0.26 20,581 1.65 0.0150
2025-08-25 2025-06-30 13F/A-1 CANADIAN NATURAL RESOURCES Common 136385101 645,314 -164,918 -20.35 20,246 -18.80 0.0156
2025-08-13 2025-06-30 13F CANADIAN NATURAL RESOURCES Common 136385101 645,314 -164,918 20,246 0.0081
2025-05-13 2025-03-31 13F CANADIAN NATURAL RESOURCES Common 136385101 810,232 -39,639 -4.66 24,933 -4.94 0.0209
2025-02-13 2024-12-31 13F CANADIAN NATURAL RESOURCES Common 136385101 849,871 5,198 0.62 26,227 -6.58 0.0208
2024-11-14 2024-09-30 13F CANADIAN NATURAL RESOURCES Common 136385101 844,673 32,204 3.96 28,075 -2.96 0.0219
2024-11-14 2024-06-30 13F/A-1 CANADIAN NATURAL RESOURCES Common 136385101 812,469 397,154 95.63 28,932 -8.76 0.0237
2024-08-13 2024-06-30 13F CANADIAN NATURAL RESOURCES Common 136385101 812,469 397,154 28,932 0.0237
2024-11-14 2024-03-31 13F/A-1 CANADIAN NATURAL RESOURCES Common 136385101 415,315 13,883 3.46 31,709 20.10 0.0262
2024-05-13 2024-03-31 13F CANADIAN NATURAL RESOURCES Common 136385101 415,315 13,883 31,709 0.0262
2024-11-14 2023-12-31 13F/A-2 CANADIAN NATURAL RESOURCES Common 136385101 401,432 2,858 0.72 26,403 2.05 0.0230
2024-02-09 2023-12-31 13F CANADIAN NATURAL RESOURCES Common 136385101 401,432 2,858 26,403 0.0230
2023-11-14 2023-09-30 13F CANADIAN NATURAL RESOURCES Common 136385101 398,574 48,874 13.98 25,873 31.46 0.0236
2023-08-11 2023-06-30 13F CANADIAN NATURAL RESOURCES Common 136385101 349,700 29,314 9.15 19,681 11.12 0.0176
2023-05-12 2023-03-31 13F CANADIAN NATURAL RESOURCES Common 136385101 320,386 -8,830 -2.68 17,712 -3.06 0.0164
2023-02-13 2022-12-31 13F CANADIAN NATURAL RESOURCES Common 136385101 329,216 -58,738 -15.14 18,272 -1.65 0.0179
2022-11-15 2022-09-30 13F CANADIAN NATURAL RESOURCES Common 136385101 387,954 -32,927 -7.82 18,578 -19.10 0.0194
2022-08-15 2022-06-30 13F CANADIAN NATURAL RESOURCES Common 136385101 420,881 1,729 0.41 22,963 -12.92 0.0231
2022-05-23 2022-03-31 13F/A-1 CANADIAN NATURAL RESOURCES Common 136385101 419,152 -171,082 -28.99 26,371 4.54 0.0223
2022-05-13 2022-03-31 13F CANADIAN NATURAL RESOURCES Common 136385101 419,152 -171,082 26,330 0.0117
2022-02-11 2021-12-31 13F CANADIAN NATURAL RESOURCES Common 136385101 590,234 22,514 3.97 25,226 20.19 0.0198
2021-11-12 2021-09-30 13F CANADIAN NATURAL RESOURCES Common 136385101 567,720 -17,500 -2.99 20,988 -2.28 0.0183
2021-08-13 2021-06-30 13F CANADIAN NATURAL RESOURCES Common 136385101 585,220 -106,564 -15.40 21,478 -0.31 0.0187
2021-05-13 2021-03-31 13F CANADIAN NATURAL RESOURCES Common 136385101 691,784 -93,879 -11.95 21,544 13.68 0.0206
2021-02-10 2020-12-31 13F CANADIAN NATURAL RESOURCES Common 136385101 785,663 395,246 101.24 18,951 203.22 0.0196
2020-11-12 2020-09-30 13F CANADIAN NATURAL RESOURCES Common 136385101 390,417 -297,793 -43.27 6,250 -47.58 0.0074
2020-08-13 2020-06-30 13F CANADIAN NATURAL RESOURCES Common 136385101 688,210 -233,336 -25.32 11,923 -4.32 0.0148
2020-05-14 2020-03-31 13F CANADIAN NATURAL RESOURCES Common 136385101 921,546 412,719 81.11 12,461 -24.30 0.0190
2020-02-12 2019-12-31 13F CANADIAN NATURAL RESOURCES Common 136385101 508,827 120,504 31.03 16,461 59.21 0.0192
2019-11-13 2019-09-30 13F CANADIAN NATURAL RESOURCES Common 136385101 388,323 -21,107 -5.16 10,339 -6.37 0.0126
2019-08-13 2019-06-30 13F CANADIAN NATURAL RESOURCES Common 136385101 409,430 -3,798 -0.92 11,042 -2.80 0.0132
2019-05-13 2019-03-31 13F CANADIAN NATURAL RESOURCES Common 136385101 413,228 3,766 0.92 11,360 14.56 0.0139
2019-02-12 2018-12-31 13F CANADIAN NATURAL RESOURCES Common 136385101 409,462 -45,184 -9.94 9,916 -33.25 0.0138
2018-11-16 2018-09-30 13F/A-1 CANADIAN NATURAL RESOURCES Common 136385101 454,646 207,179 83.72 14,856 66.38 0.0168
2018-11-13 2018-09-30 13F CANADIAN NATURAL RESOURCES Common 136385101 454,646 207,179 14,856
2018-08-13 2018-06-30 13F CANADIAN NATURAL RESOURCES Common 136385101 247,467 4,730 1.95 8,929 16.92 0.0099
2018-05-08 2018-03-31 13F CANADIAN NATURAL RESOURCES Common 136385101 242,737 -7,888 -3.15 7,637 -14.71 0.0087
2018-02-14 2017-12-31 13F CANADIAN NATURAL RESOURCES Common 136385101 250,625 50,273 25.09 8,954 33.44 0.0103
2017-11-15 2017-09-30 13F CANADIAN NATURAL RESOURCES COMMON STOCK 136385101 200,352 -3,892 -1.91 6,710 13.92 0.0084
2017-08-08 2017-06-30 13F CANADIAN NATURAL RESOURCES COMMON STOCK 136385101 204,244 637 0.31 5,890 -11.77 0.0076
2017-05-10 2017-03-31 13F CANADIAN NATURAL RESOURCES COMMON STOCK 136385101 203,607 -7,570 -3.58 6,676 -0.83 0.0086
2017-02-06 2016-12-31 13F CANADIAN NATURAL RESOURCES COMMON STOCK 136385101 211,177 -5,878 -2.71 6,732 -3.19 0.0090
2016-11-02 2016-09-30 13F ***CANADIAN NATURAL RESOURCES COMMON STOCK 136385101 217,055 -8,308 -3.69 6,954 0.09 0.0094
2016-08-05 2016-06-30 13F ***CANADIAN NATURAL RESOURCES COMMON STOCK 136385101 225,363 -2,191 -0.96 6,948 13.09 0.0096
2016-05-06 2016-03-31 13F ***CANADIAN NATURAL RESOURCES COMMON STOCK 136385101 227,554 -12,926 -5.38 6,144 17.03 0.0084
2016-01-28 2015-12-31 13F ***CANADIAN NATURAL RESOURCES COMMON STOCK 136385101 240,480 -91,700 -27.61 5,250 -18.74 0.0069
2015-11-10 2015-09-30 13F ***CANADIAN NATURAL RESOURCES COMMON STOCK 136385101 332,180 -64,674 -16.30 6,461 -40.06 0.0083
2015-07-31 2015-06-30 13F ***CANADIAN NATURAL RESOURCES COMMON STOCK 136385101 396,854 -62,909 -13.68 10,779 -23.66 0.0120
2015-05-06 2015-03-31 13F ***CANADIAN NATURAL RESOURCES COMMON STOCK 136385101 459,763 459,763 0.00 14,119 0.0151
2015-02-05 2014-12-31 13F ***CANADIAN NATURAL RESOURCES COMMON STOCK 136385101 0 -511,263 -100.00 0 -100.00
2014-11-04 2014-09-30 13F ***CANADIAN NATURAL RESOURCES COMMON STOCK 136385101 511,263 -12,510 -2.39 19,857 -17.42 0.0204
2014-08-05 2014-06-30 13F ***CANADIAN NATURAL RESOURCES COMMON STOCK 136385101 523,773 -25,526 -4.65 24,046 14.09 0.0235
2014-05-05 2014-03-31 13F ***CANADIAN NATURAL RESOURCES COMMON STOCK 136385101 549,299 -84,309 -13.31 21,076 -1.70 0.0214
2014-02-11 2013-12-31 13F ***CANADIAN NATURAL RESOURCES COMMON STOCK 136385101 633,608 -11,499 -1.78 21,441 5.71 0.0220
2013-10-29 2013-09-30 13F/A-1 ***CANADIAN NATURAL RESOURCES COMMON STOCK 136385101 645,107 25,616 4.14 20,282 15.85 0.0225
2013-10-29 2013-09-30 13F ***CANADIAN NATURAL RESOURCES COMMON STOCK 136385101 1,412,508 46,867
2013-08-13 2013-06-30 13F ***CANADIAN NATURAL RESOURCES COMMON STOCK 136385101 619,491 619,491 17,507 0.0208
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.