National Bank of Canada’s DEFSEC Technologies DFSC Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-93	Closed	-$317	–	3022
2025 Q3	$317	Sell	93 -199	-68%	-$973	﹤0.01%	2720
2025 Q2	$3.62K	Buy	+292	New	+$1.73K	﹤0.01%	2551
2025 Q1	–	Sell	-4	Closed	-$56	–	3011
2024 Q4	$56	Sell	4 -3	-43%	-$63	﹤0.01%	2825
2024 Q3	$53	Buy	+7	New	+$342	﹤0.01%	2588
2024 Q2	–	Hold	0	–	–	–	2678

Other funds holding DFSC

Armistice Capital New York $5.62B AUM 36.06% 1-Year Est. Return

Osaic Holdings Scottsdale, Arizona $68.3B AUM 20.5% 1-Year Est. Return

Harbour Investments Madison, Wisconsin $6.48B AUM 18.23% 1-Year Est. Return

TRCT

Tower Research Capital (TRC) New York $3.85B AUM 32.11% 1-Year Est. Return

National Bank of Canada's DFSC Position: Q4 2025 in Review

National Bank of Canada sold out of DEFSEC Technologies (DFSC) in Q4 2025, closing a stake of 93 shares — an estimated $317 sold.

National Bank of Canada first reported a position in DFSC in Q3 2024 and held it in 4 quarters. The position peaked at $3.62K in Q2 2025. 4 funds tracked by Wall St. Rank hold DFSC as of Q4 2025.

National Bank of Canada reported no remaining DEFSEC Technologies position as of Q4 2025 after selling out during the quarter.
National Bank of Canada sold 93 DEFSEC Technologies shares in Q4 2025, an estimated $317.
National Bank of Canada first reported a position in DEFSEC Technologies in Q3 2024 and held it in 4 quarters.
National Bank of Canada's DEFSEC Technologies position peaked at $3.62K in Q2 2025.
4 funds tracked by Wall St. Rank held DEFSEC Technologies as of Q4 2025.

Based on National Bank of Canada's 13F filing for Q4 2025, filed 17 Feb 2026.