We are live on
!
Find out more
National Bank of Canada Portfolio holdings
AUM
$140B
1-Year Est. Return
46.34%
This Fund
S&P 500
This Quarter
Est. Return
+5.14%
1 Year Est. Return
+46.34%
3 Year Est. Return
+120.97%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$110B
AUM Growth
+$9.55B
(+9.5%)
Cap. Flow
+$3.43B
Cap. Flow
% of AUM
3.12%
Top 10 Holdings %
Top 10 Hldgs %
29.27%
Holding
3,206
New
380
Increased
1,219
Reduced
855
Closed
337
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$990M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$877M |
| 3 |
Tesla
TSLA
|
+$841M |
| 4 |
Microsoft
MSFT
|
+$835M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$601M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$799M |
| 2 |
Toronto Dominion Bank
TD
|
+$363M |
| 3 |
Brookfield
BN
|
+$315M |
| 4 |
Salesforce
CRM
|
+$305M |
| 5 |
Royal Bank of Canada
RY
|
+$289M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.83% |
| 2 | Financials | 15.94% |
| 3 | Communication Services | 9.95% |
| 4 | Consumer Discretionary | 8.14% |
| 5 | Industrials | 6.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
Union Pacific
UNP
$174B
| $70.7M | 0.06% |
305,539
-146,916
| -32% | -$33.5M |
|
252
Marriott International
MAR
$92.5B
| $69.3M | 0.06% |
223,487
+5,010
| +2% | +$1.43M |
|
253
Super Micro Computer
SMCI
$24.3B
| $69.3M | 0.06% |
2,368,073
+1,936,164
| +448% | +$79.7M |
|
254
iShares 20+ Year Treasury Bond ETF
TLT
$40.6B
| $68.7M | 0.06% |
788,441
+596,259
| +310% | +$53.3M |
|
255
Ross Stores
ROST
$79.6B
| $68.5M | 0.06% |
380,214
+42,311
| +13% | +$7.06M |
|
256
Yum! Brands
YUM
$41B
| $68.2M | 0.06% |
450,593
-51,553
| -10% | -$7.64M |
|
257
Rio Tinto
RIO
$165B
| $67.8M | 0.06% |
847,485
+23,393
| +3% | +$1.68M |
|
258
State Street SPDR Portfolio S&P 400 Mid Cap ETF
SPMD
$19B
| $67.8M | 0.06% |
1,171,000
+1,170,500
| +234,100% | +$67.2M |
|
259
Fidelity National Information Services
FIS
$21.6B
| $67.5M | 0.06% |
1,015,807
+641,010
| +171% | +$42.3M |
|
260
Alibaba
BABA
$300B
| $66.4M | 0.06% |
452,759
+258,258
| +133% | +$42.1M |
|
261
CALL
Intuit
INTU
$91.6B
| $66.2M | 0.06% |
+1,000
| New | +$661K |
|
262
Vanguard S&P 500 ETF
VOO
$1.03T
| $65.7M | 0.06% |
104,814
+14,310
| +16% | +$8.89M |
|
263
VICI Properties
VICI
$28.7B
| $65.7M | 0.06% |
2,334,730
+2,022,353
| +647% | +$60.1M |
|
264
Elevance Health
ELV
$86.6B
| $65.1M | 0.06% |
185,774
+31,179
| +20% | +$10.5M |
|
265
Autodesk
ADSK
$52.7B
| $64.9M | 0.06% |
219,090
-5,627
| -3% | -$1.7M |
|
266
Seagate
STX
$199B
| $64.7M | 0.06% |
235,002
+61,522
| +35% | +$16M |
|
267
PUT
Costco
COST
$421B
| $64.7M | 0.06% |
+750
| New | +$680K |
|
268
Diamondback Energy
FANG
$56.2B
| $64.5M | 0.06% |
428,986
+315,557
| +278% | +$46.6M |
|
269
General Motors
GM
$76.1B
| $64.4M | 0.06% |
792,499
+141,235
| +22% | +$9.96M |
|
270
CALL
Wells Fargo
WFC
$269B
| $64.4M | 0.06% |
6,907
+2,407
| +53% | +$209K |
|
271
Moderna
MRNA
$25.4B
| $63.6M | 0.06% |
2,156,275
-548,563
| -20% | -$14.9M |
|
272
Fortinet
FTNT
$118B
| $63.6M | 0.06% |
800,386
+509,805
| +175% | +$42.3M |
|
273
Roper Technologies
ROP
$39.1B
| $62.6M | 0.06% |
140,662
+8,042
| +6% | +$3.72M |
|
274
Genuine Parts
GPC
$18.5B
| $62.3M | 0.06% |
506,487
+435,790
| +616% | +$56.4M |
|
275
Corning
GLW
$144B
| $60.6M | 0.06% |
691,646
+197,801
| +40% | +$17M |
|
Similar funds
National Bank of Canada's Q4 2025 Portfolio in Review
As of Q4 2025, National Bank of Canada held 3,206 positions worth $110B, up 9.5% from $100B the previous quarter. Its ten largest holdings account for 29% of the portfolio.
National Bank of Canada deployed $3.43B of net new capital in Q4 2025, opening 380 new positions and adding to 1,219 existing holdings. Its largest new stake was Roivant Sciences: 2,040,000 shares worth $44.3M.
By sector, the portfolio is most concentrated in Technology at 26% of assets, down from 27% a quarter earlier, followed by Financials and Communication Services.
On the sell side, the largest reduction was Apple, an estimated $799M trimmed.
- National Bank of Canada's largest Q4 2025 buy was Roivant Sciences: 2,040,000 shares worth $44.3M.
- National Bank of Canada added most to Meta Platforms (Facebook) in Q4 2025, an estimated $990M increase.
- National Bank of Canada's biggest Q4 2025 reduction was Apple, cutting an estimated $799M.
- National Bank of Canada fully exited Spirit AeroSystems in Q4 2025, selling an estimated $124M.
- National Bank of Canada's ten largest holdings make up 29% of its $110B portfolio in Q4 2025.
- National Bank of Canada opened 380 new positions and closed 337 in Q4 2025.
- National Bank of Canada's portfolio value rose 9.5% quarter-over-quarter to $110B.
Based on National Bank of Canada's 13F filing for Q4 2025, filed 17 Feb 2026.