National Bank of Canada Portfolio holdings

National Bank of Canada's Q3 2023 Portfolio in Review

As of Q3 2023, National Bank of Canada held 2,963 positions worth $65.7B, up 20% from $54.6B the previous quarter. Its ten largest holdings account for 23% of the portfolio.

National Bank of Canada deployed $7.91B of net new capital in Q3 2023, opening 241 new positions and adding to 995 existing holdings. Its largest new stake was Peabody Energy: 1,800,000 shares worth $45.6M.

By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 17% a quarter earlier, followed by Financials and Consumer Discretionary.

On the sell side, the largest reduction was Goldman Sachs, an estimated $329M trimmed.

• National Bank of Canada's largest Q3 2023 buy was Peabody Energy: 1,800,000 shares worth $45.6M.
• National Bank of Canada added most to NVIDIA in Q3 2023, an estimated $914M increase.
• National Bank of Canada's biggest Q3 2023 reduction was Goldman Sachs, cutting an estimated $329M.
• National Bank of Canada fully exited Life Storage, Inc. in Q3 2023, selling an estimated $110M.
• National Bank of Canada's ten largest holdings make up 23% of its $65.7B portfolio in Q3 2023.
• National Bank of Canada opened 241 new positions and closed 190 in Q3 2023.
• National Bank of Canada's portfolio value rose 20% quarter-over-quarter to $65.7B.

Based on National Bank of Canada's 13F filing for Q3 2023, filed 10 Oct 2023.