National Bank of Canada’s Electra Battery Materials ELBM Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-186	Closed	-$222	–	2948
2025 Q3	$222	Buy	186 +95	+104%	+$102	﹤0.01%	2736
2025 Q2	$98	Sell	91 -44	-33%	-$47	﹤0.01%	2865
2025 Q1	$143	Buy	+135	New	+$205	﹤0.01%	2704
2024 Q3	–	Sell	-75	Closed	-$124	–	2834
2024 Q2	$124	Hold	75	–	–	﹤0.01%	2625
2024 Q1	$136	Sell	75 -270	-78%	-$508	﹤0.01%	2657
2023 Q4	$611	Sell	345 -146	-30%	-$276	﹤0.01%	2582
2023 Q3	$1.11K	Buy	491 +48	+11%	+$179	﹤0.01%	2574
2023 Q2	$1.71K	Sell	443 -527	-54%	-$3.11K	﹤0.01%	2493
2023 Q1	$7.75K	Buy	970 +389	+67%	+$3.29K	﹤0.01%	2206
2022 Q4	$3.79K	Sell	581 -417	-42%	-$4.16K	﹤0.01%	2387
2022 Q3	$11K	Hold	998	–	–	﹤0.01%	2152
2022 Q2	$11K	Buy	+998	New	+$14.9K	﹤0.01%	2235

Other funds holding ELBM

Whitebox Advisors Minneapolis, Minnesota $8.12B AUM 15.82% 1-Year Est. Return

PEAK6 Chicago, Illinois $42.6B AUM 66.24% 1-Year Est. Return

USGIU

U.S. Global Investors (USGI) San Antonio, Texas $1.04B AUM 73.31% 1-Year Est. Return

XTX Topco George Town, Cayman Islands $5.75B AUM 30.56% 1-Year Est. Return

Aristides Capital Louisville, Kentucky $462M AUM 28.94% 1-Year Est. Return

Jane Street New York $777B AUM 61.18% 1-Year Est. Return

Rathbones Group Liverpool, United Kingdom $27.1B AUM 20.2% 1-Year Est. Return

JFG

Jefferies Financial Group New York $14.6B AUM 40.95% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

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

National Bank of Canada sold out of Electra Battery Materials (ELBM) in Q4 2025, closing a stake of 186 shares — an estimated $222 sold.

National Bank of Canada first reported a position in ELBM in Q2 2022 and held it in 12 quarters. The position peaked at $11K in Q3 2022. 24 funds tracked by Wall St. Rank hold ELBM as of Q4 2025.

National Bank of Canada reported no remaining Electra Battery Materials position as of Q4 2025 after selling out during the quarter.
National Bank of Canada sold 186 Electra Battery Materials shares in Q4 2025, an estimated $222.
National Bank of Canada first reported a position in Electra Battery Materials in Q2 2022 and held it in 12 quarters.
National Bank of Canada's Electra Battery Materials position peaked at $11K in Q3 2022.
24 funds tracked by Wall St. Rank held Electra Battery Materials as of Q4 2025.

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