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 | |
|---|---|---|---|---|---|---|
451
Alnylam Pharmaceuticals
ALNY
$30B
| $26.4M | 0.02% |
66,433
+65,476
| +6,842% | +$29M |
|
452
Marathon Petroleum
MPC
$98.3B
| $26.3M | 0.02% |
161,461
+84,874
| +111% | +$15.9M |
|
453
Nu Holdings
NU
$66.3B
| $26.2M | 0.02% |
1,566,578
+284,212
| +22% | +$4.57M |
|
454
Consolidated Edison
ED
$40B
| $26M | 0.02% |
261,434
+21,529
| +9% | +$2.14M |
|
455
State Street Technology Select Sector SPDR ETF
XLK
$125B
| $25.8M | 0.02% |
179,885
+79,213
| +79% | +$11.4M |
|
456
Hershey
HSY
$37.4B
| $25.6M | 0.02% |
140,532
+68,694
| +96% | +$12.6M |
|
457
Nasdaq
NDAQ
$53.5B
| $25.6M | 0.02% |
263,092
-30,265
| -10% | -$2.72M |
|
458
Invesco FTSE RAFI US 1000 ETF
PRF
$10.1B
| $25.5M | 0.02% |
543,715
+533,930
| +5,457% | +$24.6M |
|
459
CALL
Suncor Energy
SU
$75.9B
| $25.5M | 0.02% |
5,744
-702
| -11% | -$29.7K |
|
|
PRMB
460
Primo Brands
PRMB
$9.03B
| $25.3M | 0.02% |
1,547,023
+1,540,651
| +24,178% | +$28.5M |
|
461
Host Hotels & Resorts
HST
$15.6B
| $24.9M | 0.02% |
1,405,904
+1,168,396
| +492% | +$20.2M |
|
462
Nucor
NUE
$61.7B
| $24.8M | 0.02% |
152,313
+24,199
| +19% | +$3.64M |
|
463
Vulcan Materials
VMC
$36.2B
| $24.8M | 0.02% |
86,907
+51,177
| +143% | +$15M |
|
464
CALL
Fortis
FTS
$28.8B
| $24.3M | 0.02% |
4,673
-256
| -5% | -$13.1K |
|
465
Truist Financial
TFC
$64.6B
| $24.3M | 0.02% |
493,015
-368,102
| -43% | -$17M |
|
466
Exelon
EXC
$46.9B
| $24.2M | 0.02% |
555,687
+42,270
| +8% | +$1.93M |
|
467
Diageo
DEO
$52.6B
| $24.1M | 0.02% |
279,398
+237,616
| +569% | +$21.9M |
|
468
GE HealthCare
GEHC
$33.1B
| $24.1M | 0.02% |
293,356
+65,592
| +29% | +$5.11M |
|
469
Wabtec
WAB
$49.7B
| $23.9M | 0.02% |
112,150
+5,151
| +5% | +$1.06M |
|
470
CALL
RTX Corp
RTX
$296B
| $23.8M | 0.02% |
1,300
-5,110
| -80% | -$888K |
|
471
GameStop
GME
$8.36B
| $23.8M | 0.02% |
1,184,500
+1,159,300
| +4,600% | +$26M |
|
|
472
PUT
GameStop
GME
$8.36B
| $23.8M | 0.02% |
11,845
+11,595
| +4,638% | +$260K |
|
473
CoStar Group
CSGP
$12.5B
| $23.8M | 0.02% |
353,615
+150,759
| +74% | +$10.7M |
|
474
CALL
Amgen
AMGN
$226B
| $23.6M | 0.02% |
+721
| New | +$229K |
|
475
Match Group
MTCH
$8.39B
| $23.6M | 0.02% |
730,144
+678,015
| +1,301% | +$22.3M |
|
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.