Canadian National Railway Co (CNI)

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Institutional Investors' Holdings

Filing Period: Filing is Ongoing

No.	Name	Shares	Value	% Port
1.	Value Partner Investments Inc.	553,945	$57,611,417	4.5%
2.	Sage Capital Advisors,llc	11,133	$1,158,285	0.29%
3.	Salem Investment Counselors Inc	11,075	$1,152,243	0.04%
4.	First Financial Bank, N.a. - Trust Division	6,412	$667,103	0.06%
5.	Trust Co Of The South	5,097	$530,292	0.09%