Mackenzie Financial Corp reduced stake in CNQ by 8.1% and increased stake in CP by 5.9% in Q4.

Mackenzie Financial Corp reduced its stake in Canadian Natural Resources Limited (CNQ) by 8.1% in Q4, while the company remains its largest holding, accounting for 1.6% of the firm's portfolio. Meanwhile, Mackenzie Financial Corp also increased its stake in Canadian Pacific Kansas City (CP) by 5.9% in Q4. Institutional investors hold a significant portion of both companies' stocks, with 74.03% for CNQ and 72.20% for CP.