National Bank of Canada’s Costco COST Stock Holding History

National Bank of Canada’s Portfolio COST Stock Details COST Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$660M	Sell	662,080 -123,345	-16%	-$120M	0.59%	33
2025 Q4	$677M	Buy	785,425 +185,805	+31%	+$168M	0.62%	28
2025 Q3	$555M	Sell	599,620 -181,276	-23%	-$174M	0.55%	32
2025 Q2	$773M	Sell	780,896 -31,292	-4%	-$31.1M	0.73%	27
2025 Q1	$768M	Buy	812,188 +371,706	+84%	+$362M	0.8%	22
2024 Q4	$404M	Sell	440,482 -42,974	-9%	-$39.9M	0.43%	49
2024 Q3	$429M	Buy	483,456 +126,732	+36%	+$110M	0.49%	40
2024 Q2	$301M	Sell	356,724 -175,264	-33%	-$137M	0.41%	42
2024 Q1	$418M	Sell	531,988 -135,272	-20%	-$96.6M	0.64%	28
2023 Q4	$434M	Buy	667,260 +222,240	+50%	+$132M	0.69%	24
2023 Q3	$254M	Buy	445,020 +85,004	+24%	+$46.9M	0.39%	60
2023 Q2	$194M	Buy	360,016 +84,198	+31%	+$42.6M	0.36%	63
2023 Q1	$137M	Buy	275,818 +55,285	+25%	+$27.1M	0.34%	62
2022 Q4	$101M	Buy	220,533 +15,267	+7%	+$7.46M	0.26%	79
2022 Q3	$96.8M	Buy	205,266 +7,028	+4%	+$3.66M	0.52%	38
2022 Q2	$95.1M	Sell	198,238 -46,138	-19%	-$23.4M	0.43%	53
2022 Q1	$141M	Buy	244,376 +522	+0.2%	+$274K	0.42%	54
2021 Q4	$138M	Buy	+243,854	New	+$125M	0.47%	42

Other funds holding COST

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

DAM

Diamant Asset Management Ridgefield, Connecticut $147M AUM 25.76% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

National Bank of Canada's COST Position: Q1 2026 in Review

National Bank of Canada reduced its Costco (COST) stake by 16% in Q1 2026, selling an estimated $120M and leaving 662,080 shares worth $660M. The position accounts for 0.59% of the portfolio, ranked #33.

National Bank of Canada first reported a position in COST in Q4 2021 and has held it in 18 quarters since. The position peaked at $773M in Q2 2025. 4,240 funds tracked by Wall St. Rank hold COST as of Q1 2026.

National Bank of Canada held 662,080 shares of Costco worth $660M as of Q1 2026.
National Bank of Canada sold 123,345 Costco shares in Q1 2026, an estimated $120M.
Costco made up 0.59% of National Bank of Canada's portfolio in Q1 2026, its #33 holding.
National Bank of Canada first reported a position in Costco in Q4 2021 and has held it in 18 quarters since.
National Bank of Canada's Costco position peaked at $773M in Q2 2025.
4,240 funds tracked by Wall St. Rank held Costco as of Q1 2026.

Based on National Bank of Canada's 13F filing for Q1 2026, filed 15 May 2026.