We are live on ! Find out more
National Bank of Canada

National Bank of Canada Portfolio holdings

AUM $140B
1-Year Est. Return 46.34%
This Fund
S&P 500
This Quarter Est. Return
+10.79%
1 Year Est. Return
+46.34%
3 Year Est. Return
+120.97%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$100B
AUM Growth
-$4.77B
Cap. Flow
-$14B
Cap. Flow %
-13.98%
Top 10 Hldgs %
28.48%
Holding
3,287
New
313
Increased
899
Reduced
1,215
Closed
454

Top Buys

Rank Stock Value
1
MSTR icon
Strategy Inc
MSTR
+$548M
2
FISV
Fiserv Inc
FISV
+$286M
3
AMGN icon
Amgen
AMGN
+$251M
4
PLTR icon
Palantir
PLTR
+$229M
5
RY icon
Royal Bank of Canada
RY
+$200M

Top Sells

Rank Stock Value
1
NVDA icon
NVIDIA
NVDA
+$1.11B
2
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$1.09B
3
IEFA icon
iShares Core MSCI EAFE ETF
IEFA
+$702M
4
TSLA icon
Tesla
TSLA
+$636M
5
MSFT icon
Microsoft
MSFT
+$480M

Sector Composition

Rank Sector Weight
1 Technology 26.61%
2 Financials 18.19%
3 Consumer Discretionary 7.6%
4 Communication Services 7.34%
5 Industrials 6.63%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CMTL icon
2576
Comtech Telecommunications
CMTL
$52.7M
$2.32K ﹤0.01%
909
-1
-0.1% -$2
STKL
2577
DELISTED
SunOpta
STKL
$2.31K ﹤0.01%
+405
New +$2.51K
BDC icon
2578
Belden
BDC
$5.36B
$2.27K ﹤0.01%
19
-31
-62% -$3.9K
CATX icon
2579
Perspective Therapeutics
CATX
$354M
$2.27K ﹤0.01%
655
– –
HP icon
2580
Helmerich & Payne
HP
$4.3B
$2.25K ﹤0.01%
102
+20
+24% +$369
GOOD
2581
Gladstone Commercial Corp
GOOD
$641M
$2.22K ﹤0.01%
180
– –
TEN
2582
Tsakos Energy Navigation Ltd
TEN
$1.23B
$2.2K ﹤0.01%
99
+27
+38% +$567
SEER icon
2583
Seer Inc
SEER
$116M
$2.17K ﹤0.01%
1,000
– –
PBK
2584
PowerBank Corp
PBK
$24.2M
$2.1K ﹤0.01%
1,407
+639
+83% +$1.07K
NWL icon
2585
Newell Brands
NWL
$2.63B
$2.1K ﹤0.01%
401
+167
+71% +$947
JRI icon
2586
Nuveen Real Asset Income & Growth Fund
JRI
$348M
$2.09K ﹤0.01%
147
– –
FUN icon
2587
Cedar Fair
FUN
$1.71B
$2.06K ﹤0.01%
91
-178
-66% -$4.73K
PBP icon
2588
Invesco S&P 500 BuyWrite ETF
PBP
$363M
$2.03K ﹤0.01%
92
– –
CCOI icon
2589
Cogent Communications
CCOI
$530M
$2.03K ﹤0.01%
+53
New +$2.21K
LGIH icon
2590
LGI Homes
LGIH
$1.37B
$2.02K ﹤0.01%
+39
New +$2.27K
TGEN
2591
Tecogen Inc
TGEN
$125M
$2.01K ﹤0.01%
+230
New +$1.84K
VMEO
2592
DELISTED
Vimeo
VMEO
$1.93K ﹤0.01%
+250
New +$1.23K
CNBS icon
2593
Amplify Seymour Cannabis ETF
CNBS
$77.5M
$1.92K ﹤0.01%
66
– –
NSP icon
2594
Insperity
NSP
$2.05B
$1.92K ﹤0.01%
+39
New +$2.13K
ACHR.WS icon
2595
Archer Aviation Redeemable Warrants
ACHR.WS
$24.7M
$1.92K ﹤0.01%
+200
New +$520
DYN icon
2596
Dyne Therapeutics
DYN
$4.85B
$1.9K ﹤0.01%
150
+99
+194% +$1.13K
NORW icon
2597
Global X MSCI Norway ETF
NORW
$88.1M
$1.88K ﹤0.01%
63
– –
UROY
2598
Uranium Royalty Corp
UROY
$1.55B
$1.88K ﹤0.01%
438
-6,321
-94% -$19.1K
MTEX icon
2599
Mannatech
MTEX
$11.9M
$1.86K ﹤0.01%
198
– –
FENC icon
2600
Fennec Pharmaceuticals
FENC
$423M
$1.84K ﹤0.01%
186
+122
+191% +$1.06K
102 103
104
105 106

Similar funds

T. Rowe Price Investment Management
T. Rowe Price Investment Management Baltimore, Maryland $145B AUM 22.78% 1-Year Est. Return
VanEck Associates
VanEck Associates New York $133B AUM 72.99% 1-Year Est. Return
Primecap Management
Primecap Management Pasadena, California $127B AUM 44.11% 1-Year Est. Return
Canada Pension Plan Investment Board
Canada Pension Plan Investment Board Toronto Ontario, Ontario, Canada $155B AUM 29.93% 1-Year Est. Return
Two Sigma Investments
Two Sigma Investments New York $124B AUM 33.93% 1-Year Est. Return
California Public Employees Retirement System
California Public Employees Retirement System Sacramento, California $162B AUM 25.78% 1-Year Est. Return
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance) Canada, Ontario, Canada $116B AUM 26.37% 1-Year Est. Return
D.E. Shaw & Co
D.E. Shaw & Co New York $166B AUM 43.98% 1-Year Est. Return

National Bank of Canada's Q3 2025 Portfolio in Review

As of Q3 2025, National Bank of Canada held 3,287 positions worth $100B, down 4.5% from $105B the previous quarter. Its ten largest holdings account for 28% of the portfolio.

National Bank of Canada withdrew a net $14B in Q3 2025, closing 454 positions and reducing 1,215 holdings. Its most notable exit was Schwab US Broad Market ETF, an estimated $96.5M position sold in full.

By sector, the portfolio is most concentrated in Technology at 27% of assets, up from 24% a quarter earlier, followed by Financials and Consumer Discretionary.

Against the trend, National Bank of Canada opened a new position in iShares MSCI Japan ETF worth $50.2M.

  • National Bank of Canada's largest Q3 2025 buy was iShares MSCI Japan ETF: 625,300 shares worth $50.2M.
  • National Bank of Canada added most to Strategy Inc in Q3 2025, an estimated $548M increase.
  • National Bank of Canada's biggest Q3 2025 reduction was NVIDIA, cutting an estimated $1.11B.
  • National Bank of Canada fully exited Schwab US Broad Market ETF in Q3 2025, selling an estimated $96.5M.
  • National Bank of Canada's ten largest holdings make up 28% of its $100B portfolio in Q3 2025.
  • National Bank of Canada opened 313 new positions and closed 454 in Q3 2025.
  • National Bank of Canada's portfolio value fell 4.5% quarter-over-quarter to $100B.

Based on National Bank of Canada's 13F filing for Q3 2025, filed 14 Nov 2025.