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
+14.61%
1 Year Est. Return
+46.34%
3 Year Est. Return
+120.97%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$105B
AUM Growth
+$9.72B
(+10%)
Cap. Flow
-$6.15B
Cap. Flow
% of AUM
-5.84%
Top 10 Holdings %
Top 10 Hldgs %
26.91%
Holding
3,275
New
443
Increased
1,132
Reduced
929
Closed
300
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$699M |
| 2 |
UnitedHealth
UNH
|
+$618M |
| 3 |
Amazon
AMZN
|
+$433M |
| 4 |
Eli Lilly
LLY
|
+$410M |
| 5 |
iShares Core MSCI EAFE ETF
IEFA
|
+$392M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$845M |
| 2 |
Tesla
TSLA
|
+$639M |
| 3 |
Microsoft
MSFT
|
+$528M |
| 4 |
Broadcom
AVGO
|
+$322M |
| 5 |
TSMC
TSM
|
+$322M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 23.82% |
| 2 | Financials | 17.46% |
| 3 | Consumer Discretionary | 8.35% |
| 4 | Communication Services | 7.63% |
| 5 | Industrials | 7.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
526
Dominion Energy
D
$59.8B
| $21.9M | 0.02% |
388,224
+1,284
| +0.3% | +$70.4K |
|
527
Regions Financial
RF
$26.9B
| $21.9M | 0.02% |
932,227
+285,994
| +44% | +$6.05M |
|
528
Church & Dwight Co
CHD
$24B
| $21.9M | 0.02% |
227,731
+94,966
| +72% | +$9.37M |
|
529
Linde
LIN
$221B
| $21.8M | 0.02% |
46,501
-1,518
| -3% | -$693K |
|
530
Keysight
KEYS
$60.6B
| $21.7M | 0.02% |
132,355
+1,218
| +0.9% | +$186K |
|
531
Broadridge
BR
$19.3B
| $21.5M | 0.02% |
88,429
-11,861
| -12% | -$2.82M |
|
532
Nucor
NUE
$61.7B
| $21.3M | 0.02% |
164,190
-101,868
| -38% | -$11.9M |
|
533
State Street
STT
$52.2B
| $21.2M | 0.02% |
199,738
-18,223
| -8% | -$1.69M |
|
534
Hasbro
HAS
$13.4B
| $21.2M | 0.02% |
287,378
+202,904
| +240% | +$12.8M |
|
535
Archer Daniels Midland
ADM
$38.4B
| $21.2M | 0.02% |
401,381
+109,255
| +37% | +$5.32M |
|
536
CALL
Cenovus Energy
CVE
$55.6B
| $21.1M | 0.02% |
15,543
+7,840
| +102% | +$102K |
|
537
CALL
Pembina Pipeline
PBA
$28.4B
| $20.8M | 0.02% |
5,535
+3,142
| +131% | +$119K |
|
538
Vanguard Long-Term Treasury ETF
VGLT
$10.3B
| $20.8M | 0.02% |
370,100
+268,091
| +263% | +$14.9M |
|
539
Citizens Financial Group
CFG
$31.1B
| $20.7M | 0.02% |
462,808
+26,766
| +6% | +$1.05M |
|
540
PUT
NRG Energy
NRG
$25.4B
| $20.7M | 0.02% |
+1,289
| New | +$170K |
|
541
PUT
Regeneron Pharmaceuticals
REGN
$82.2B
| $20.6M | 0.02% |
+392
| New | +$219K |
|
542
Box
BOX
$4.48B
| $20.5M | 0.02% |
+600,000
| New | +$19.7M |
|
|
543
PUT
Box
BOX
$4.48B
| $20.5M | 0.02% |
+6,000
| New | +$197K |
|
544
Molson Coors Class B
TAP
$7.75B
| $20.4M | 0.02% |
423,398
+6,518
| +2% | +$359K |
|
545
CALL
Vistra
VST
$49.2B
| $20.4M | 0.02% |
+1,050
| New | +$155K |
|
|
546
PUT
Vistra
VST
$49.2B
| $20.4M | 0.02% |
+1,050
| New | +$155K |
|
547
AvalonBay Communities
AVB
$25.7B
| $20.3M | 0.02% |
99,916
-22,364
| -18% | -$4.57M |
|
548
PUT
State Street SPDR NYSE Technology ETF
XNTK
$2.25B
| $20.3M | 0.02% |
3,412
+3,350
| +5,403% | +$695K |
|
549
CALL
T-Mobile US
TMUS
$190B
| $20.3M | 0.02% |
850
-491
| -37% | -$120K |
|
550
PENN Entertainment
PENN
$2.57B
| $20.1M | 0.02% |
1,123,378
+622,503
| +124% | +$9.77M |
|
Similar funds
National Bank of Canada's Q2 2025 Portfolio in Review
As of Q2 2025, National Bank of Canada held 3,275 positions worth $105B, up 10% from $95.5B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
National Bank of Canada withdrew a net $6.15B in Q2 2025, closing 300 positions and reducing 929 holdings. Its most notable exit was Discover Financial Services, an estimated $98.5M position sold in full.
By sector, the portfolio is most concentrated in Technology at 24% of assets, up from 23% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, National Bank of Canada opened a new position in Emera Inc worth $183M.
- National Bank of Canada's largest Q2 2025 buy was Emera Inc: 3,995,659 shares worth $183M.
- National Bank of Canada added most to Apple in Q2 2025, an estimated $699M increase.
- National Bank of Canada's biggest Q2 2025 reduction was NVIDIA, cutting an estimated $845M.
- National Bank of Canada fully exited Discover Financial Services in Q2 2025, selling an estimated $98.5M.
- National Bank of Canada's ten largest holdings make up 27% of its $105B portfolio in Q2 2025.
- National Bank of Canada opened 443 new positions and closed 300 in Q2 2025.
- National Bank of Canada's portfolio value rose 10% quarter-over-quarter to $105B.
Based on National Bank of Canada's 13F filing for Q2 2025, filed 13 Aug 2025.