Cannell & Spears LLC Boosts Stake in Canadian Pacific Kansas City

Investment firm increases holdings in rail company by over 70% in Q3

Mar. 15, 2026 at 10:36am

Cannell & Spears LLC, an investment management firm, increased its position in Canadian Pacific Kansas City Limited (NYSE:CP) by 70.1% during the third quarter of 2026, according to a recent SEC filing. The firm now owns 125,987 shares of the transportation company's stock, valued at $9.385 million.

Why it matters

The increased stake in Canadian Pacific Kansas City by Cannell & Spears reflects the investment firm's confidence in the rail company's growth prospects. As a major North American freight railroad, CPKC's performance is closely watched by analysts and investors.

The details

According to the 13F filing, Cannell & Spears added 51,908 shares of Canadian Pacific Kansas City to its portfolio during the third quarter. This brings the firm's total holdings in the company to 125,987 shares. The investment represents a 70.1% increase in Cannell & Spears' position in CPKC compared to the prior quarter.

  • Cannell & Spears LLC increased its position in Canadian Pacific Kansas City Limited during the third quarter of 2026.

The players

Cannell & Spears LLC

An investment management firm that increased its stake in Canadian Pacific Kansas City Limited.

Canadian Pacific Kansas City Limited

A North American Class I freight railroad formed through the combination of Canadian Pacific Railway and Kansas City Southern.

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The takeaway

The increased investment by Cannell & Spears in Canadian Pacific Kansas City suggests the firm sees strong growth potential in the combined rail company as it continues to integrate its operations across Canada, the United States, and Mexico.