National Bank of Canada’s Telus TU Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$304M	Buy	28,782,793 +4,852,643	+20%	+$59.2M	0.22%	90
2026 Q1	$307M	Buy	23,930,150 +1,033,390	+5%	+$14M	0.28%	68
2025 Q4	$301M	Buy	22,896,760 +960,428	+4%	+$13.5M	0.27%	68
2025 Q3	$345M	Sell	21,936,332 -5,146,224	-19%	-$83.5M	0.34%	60
2025 Q2	$435M	Sell	27,082,556 -2,781,713	-9%	-$43.1M	0.41%	44
2025 Q1	$428M	Buy	29,864,269 +3,102,402	+12%	+$45.5M	0.45%	43
2024 Q4	$363M	Buy	26,761,867 +601,078	+2%	+$9.27M	0.38%	53
2024 Q3	$439M	Buy	26,160,789 +5,094,269	+24%	+$82.3M	0.5%	39
2024 Q2	$317M	Sell	21,066,520 -395,249	-2%	-$6.37M	0.43%	41
2024 Q1	$345M	Buy	21,461,769 +1,438,894	+7%	+$25.2M	0.53%	36
2023 Q4	$358M	Buy	20,022,875 +1,343,063	+7%	+$23.2M	0.57%	31
2023 Q3	$292M	Buy	18,679,812 +1,037,847	+6%	+$18.3M	0.44%	48
2023 Q2	$342M	Sell	17,641,965 -456,542	-3%	-$9.19M	0.63%	29
2023 Q1	$359M	Sell	18,098,507 -19,280	-0.1%	-$392K	0.88%	21
2022 Q4	$349M	Buy	18,117,787 +9,850,903	+119%	+$203M	0.89%	20
2022 Q3	$164M	Buy	8,266,884 +198,031	+2%	+$4.42M	0.88%	20
2022 Q2	$179M	Sell	8,068,853 -42,610	-0.5%	-$1.05M	0.82%	19
2022 Q1	$212M	Buy	8,111,463 +735,297	+10%	+$18.2M	0.63%	35
2021 Q4	$174M	Buy	+7,376,166	New	+$169M	0.59%	34

Other funds holding TU

Royal Bank of Canada Toronto, Ontario, Canada $672B AUM 33.48% 1-Year Est. Return

Bank of Montreal Toronto, Ontario, Canada $304B AUM 35.64% 1-Year Est. Return

CIBC World Market Toronto, Ontario, Canada $62.3B AUM 44.64% 1-Year Est. Return

Mackenzie Financial Toronto Ontario, Ontario, Canada $100B AUM 36.93% 1-Year Est. Return

Fidelity International Hamilton, Bermuda $139B AUM 29.06% 1-Year Est. Return

TD Asset Management Toronto, Ontario, Canada $115B AUM 41.58% 1-Year Est. Return

Bank of Nova Scotia Toronto, Ontario, Canada $66.2B AUM 46.3% 1-Year Est. Return

FDCDDQ

Federation des caisses Desjardins du Quebec Levis, Quebec, Canada $32.7B AUM 35.71% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM

National Bank of Canada's TU Position: Q2 2026 in Review

National Bank of Canada increased its Telus (TU) stake by 20% in Q2 2026, buying an estimated $59.2M and bringing the position to 28,782,793 shares worth $304M. The position accounts for 0.22% of the portfolio, ranked #90.

National Bank of Canada first reported a position in TU in Q4 2021 and has held it in 19 quarters since. The position peaked at $439M in Q3 2024. 290 funds tracked by Wall St. Rank hold TU as of Q2 2026.

National Bank of Canada held 28,782,793 shares of Telus worth $304M as of Q2 2026.
National Bank of Canada bought 4,852,643 Telus shares in Q2 2026, an estimated $59.2M.
Telus made up 0.22% of National Bank of Canada's portfolio in Q2 2026, its #90 holding.
National Bank of Canada first reported a position in Telus in Q4 2021 and has held it in 19 quarters since.
National Bank of Canada's Telus position peaked at $439M in Q3 2024.
290 funds tracked by Wall St. Rank held Telus as of Q2 2026.

Based on National Bank of Canada's 13F filing for Q2 2026, filed 10 Aug 2026.