National Bank of Canada’s TC Energy TRP Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$641M	Sell	10,335,091 -850,782	-8%	-$51.3M	0.57%	36
2025 Q4	$614M	Buy	11,185,873 +771,244	+7%	+$41.1M	0.56%	35
2025 Q3	$564M	Sell	10,414,629 -728,177	-7%	-$36.6M	0.56%	31
2025 Q2	$543M	Buy	11,142,806 +883,708	+9%	+$43.4M	0.52%	35
2025 Q1	$484M	Sell	10,259,098 -295,387	-3%	-$13.8M	0.51%	38
2024 Q4	$492M	Buy	10,554,485 +313,384	+3%	+$14.8M	0.52%	38
2024 Q3	$473M	Sell	10,241,101 -3,388,479	-25%	-$147M	0.54%	36
2024 Q2	$513M	Buy	13,629,580 +3,308,371	+32%	+$125M	0.7%	27
2024 Q1	$398M	Buy	10,321,209 +1,553,850	+18%	+$61.3M	0.61%	29
2023 Q4	$344M	Sell	8,767,359 -11,226,569	-56%	-$409M	0.55%	33
2023 Q3	$669M	Buy	19,993,928 +8,103,785	+68%	+$298M	1.02%	13
2023 Q2	$480M	Sell	11,890,143 -10,816,677	-48%	-$442M	0.88%	22
2023 Q1	$883M	Buy	22,706,820 +8,950,372	+65%	+$364M	2.17%	7
2022 Q4	$548M	Buy	13,756,448 +11,565,402	+528%	+$502M	1.4%	15
2022 Q3	$88.2M	Buy	2,191,046 +253,981	+13%	+$12.6M	0.47%	46
2022 Q2	$100M	Buy	1,937,065 +32,254	+2%	+$1.8M	0.46%	47
2022 Q1	$108M	Buy	1,904,811 +183,393	+11%	+$9.65M	0.32%	68
2021 Q4	$79.9M	Buy	+1,721,418	New	+$85.1M	0.27%	77

Other funds holding TRP

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

Bank of Montreal Toronto, Ontario, Canada $269B AUM 31.4% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

Fidelity International Hamilton, Bermuda $129B AUM 30.83% 1-Year Est. Return

1832 Asset Management Toronto, Ontario, Canada $109B AUM 35.56% 1-Year Est. Return

TD Asset Management Toronto, Ontario, Canada $123B AUM 34.51% 1-Year Est. Return

Canada Pension Plan Investment Board Toronto Ontario, Ontario, Canada $155B AUM 29.93% 1-Year Est. Return

GQG Partners Ft. Lauderdale, Florida $63.1B AUM 23.07% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

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

National Bank of Canada reduced its TC Energy (TRP) stake by 7.6% in Q1 2026, selling an estimated $51.3M and leaving 10,335,091 shares worth $641M. The position accounts for 0.57% of the portfolio, ranked #36.

National Bank of Canada first reported a position in TRP in Q4 2021 and has held it in 18 quarters since. The position peaked at $883M in Q1 2023. 683 funds tracked by Wall St. Rank hold TRP as of Q1 2026.

National Bank of Canada held 10,335,091 shares of TC Energy worth $641M as of Q1 2026.
National Bank of Canada sold 850,782 TC Energy shares in Q1 2026, an estimated $51.3M.
TC Energy made up 0.57% of National Bank of Canada's portfolio in Q1 2026, its #36 holding.
National Bank of Canada first reported a position in TC Energy in Q4 2021 and has held it in 18 quarters since.
National Bank of Canada's TC Energy position peaked at $883M in Q1 2023.
683 funds tracked by Wall St. Rank held TC Energy as of Q1 2026.

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