BlackRock, Inc. filed a Schedule 13G with the SEC on October 27, 2026, disclosing beneficial ownership of 44,104,764 shares of Canadian Pacific Kansas City Ltd common stock as of September 30, 2026.

Key Highlights

  • Aggregate beneficial ownership: BlackRock reported beneficial ownership of 44,104,764 shares of Canadian Pacific Kansas City Ltd common stock, representing 5.02% of the class.
  • Sole voting power: BlackRock disclosed sole voting power over 40,485,690 shares, with zero shares subject to shared voting power.
  • Sole dispositive power: The filing reports sole dispositive power over all 44,104,764 shares, with no shared dispositive power.
  • Event date: The date of the event requiring the filing was September 30, 2026.
  • Filing basis: BlackRock is classified as a parent holding company or control person (type HC) organized in Delaware, with principal offices at 50 Hudson Yards, New York, NY 10001.
  • No single person holds more than 5%: According to the filing, no one person among those with the right to receive dividends or proceeds from the sale of the shares holds more than five percent of total outstanding common shares.

BlackRock's Schedule 13G Filing on Canadian Pacific Kansas City Common Stock

BlackRock, Inc. filed a Schedule 13G disclosing its beneficial ownership position in Canadian Pacific Kansas City Ltd (CUSIP 13646K108) as of September 30, 2026. According to the filing, BlackRock beneficially owns 44,104,764 shares of common stock, equating to 5.02% of the outstanding class. The filing was signed by Spencer Fleming, Managing Director, on October 27, 2026.

The filing states that the reported shares reflect securities beneficially owned by certain business units, described as the "Reporting Business Units," of BlackRock, Inc. and its subsidiaries and affiliates. The disclosure notes that it "does not include securities, if any, beneficially owned by other business units whose beneficial ownership of securities are disaggregated from that of the Reporting Business Units" in accordance with SEC Release No. 34-39538 (January 12, 1998). Subsidiary detail is referenced in Exhibit 99 of the filing.

The filing certifies that the securities "were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer." Canadian Pacific Kansas City Ltd is headquartered at 7550 Ogden Dale Road S.E., Calgary, Canada T2C 4X9, according to the filing.

What Was Disclosed

BlackRock, Inc. disclosed a 5.02% beneficial ownership stake, totaling 44,104,764 shares, in Canadian Pacific Kansas City Ltd common stock as of September 30, 2026, with sole dispositive power over all reported shares and sole voting power over 40,485,690 shares.