National Bank of Canada’s Microsoft MSFT Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$74M	Sell	2,000 -1,000	-33%	-$418K	0.07%	226
2025 Q4	$145M	Sell	3,000 -3,884	-56%	-$1.95M	0.13%	140
2025 Q3	$357M	Buy	6,884 +4,134	+150%	+$2.11M	0.36%	55
2025 Q2	$137M	Sell	2,750 -250	-8%	-$109K	0.13%	144
2025 Q1	$113M	Sell	3,000 -16,396	-85%	-$6.68M	0.12%	172
2024 Q4	$818M	Buy	19,396 +3,526	+22%	+$1.5M	0.87%	19
2024 Q3	$683M	Buy	15,870 +15,282	+2,599%	+$6.53M	0.78%	21
2024 Q2	$26.9M	Buy	+588	New	+$248K	0.04%	323
2024 Q1	–	Sell	-4,550	Closed	-$169M	–	2850
2023 Q4	$169M	Buy	4,550 +1,350	+42%	+$481K	0.27%	80
2023 Q3	$103M	Sell	3,200 -2,600	-45%	-$859K	0.16%	127
2023 Q2	$196M	Buy	5,800 +4,800	+480%	+$1.5M	0.36%	62
2023 Q1	$28.8M	Sell	1,000 -8,191	-89%	-$2.09M	0.07%	225
2022 Q4	$220M	Buy	+9,191	New	+$2.21M	0.56%	38
2022 Q2	–	Sell	-5	Closed	-$154K	–	2913
2022 Q1	$154K	Sell	5 -1	-17%	-$301	﹤0.01%	1573
2021 Q4	$182K	Buy	+6	New	+$1.95K	﹤0.01%	1493

Other funds holding MSFT

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

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

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

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

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

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

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

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

National Bank of Canada increased its Microsoft (MSFT) stake by 20% in Q1 2026, buying an estimated $832M and bringing the position to 11,902,573 shares worth $4.41B. The position accounts for 3.95% of the portfolio, ranked #3.

National Bank of Canada first reported a position in MSFT in Q4 2021 and has held it in 18 quarters since. The position peaked at $4.79B in Q4 2025. 6,195 funds tracked by Wall St. Rank hold MSFT as of Q1 2026.

National Bank of Canada held 11,902,573 shares of Microsoft worth $4.41B as of Q1 2026.
National Bank of Canada bought 1,989,133 Microsoft shares in Q1 2026, an estimated $832M.
Microsoft made up 3.95% of National Bank of Canada's portfolio in Q1 2026, its #3 holding.
National Bank of Canada first reported a position in Microsoft in Q4 2021 and has held it in 18 quarters since.
National Bank of Canada's Microsoft position peaked at $4.79B in Q4 2025.
6,195 funds tracked by Wall St. Rank held Microsoft as of Q1 2026.

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