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 | |
|---|---|---|---|---|---|---|
726
PUT
Pembina Pipeline
PBA
$28.4B
| $9.95M | 0.01% |
2,611
+1,024
| +65% | +$39.4K |
|
727
Tyler Technologies
TYL
$13.5B
| $9.91M | 0.01% |
21,837
+1,240
| +6% | +$591K |
|
728
Deckers Outdoor
DECK
$12.7B
| $9.87M | 0.01% |
95,228
+6,017
| +7% | +$564K |
|
729
iShares MSCI USA Quality Factor ETF
QUAL
$48.4B
| $9.76M | 0.01% |
49,114
+2,764
| +6% | +$543K |
|
730
Align Technology
ALGN
$12.5B
| $9.72M | 0.01% |
62,252
+2,289
| +4% | +$328K |
|
731
C.H. Robinson
CHRW
$17.5B
| $9.72M | 0.01% |
60,438
+30,610
| +103% | +$4.52M |
|
732
iShares 3-7 Year Treasury Bond ETF
IEI
$17.7B
| $9.64M | 0.01% |
80,831
+43,900
| +119% | +$5.25M |
|
733
Tyson Foods
TSN
$19.8B
| $9.64M | 0.01% |
164,478
-12,716
| -7% | -$698K |
|
734
Lumentum
LITE
$78B
| $9.39M | 0.01% |
25,484
-25,912
| -50% | -$6.65M |
|
735
International Paper
IP
$21.8B
| $9.15M | 0.01% |
232,310
+98,134
| +73% | +$4.03M |
|
736
FirstEnergy
FE
$27.1B
| $9.14M | 0.01% |
204,236
+67,753
| +50% | +$3.11M |
|
737
PUT
Tilray
TLRY
$640M
| $9.14M | 0.01% |
+10,124
| New | +$124K |
|
738
HSBC
HSBC
$358B
| $9.1M | 0.01% |
115,628
+4,624
| +4% | +$331K |
|
739
Ball Corp
BALL
$16.4B
| $9.03M | 0.01% |
170,492
+342
| +0.2% | +$16.8K |
|
740
iShares US Treasury Bond ETF
GOVT
$43.8B
| $9.01M | 0.01% |
391,435
-136,203
| -26% | -$3.15M |
|
741
Labcorp
LH
$26.2B
| $9.01M | 0.01% |
35,925
+13,521
| +60% | +$3.59M |
|
742
Dow Inc
DOW
$21.9B
| $8.99M | 0.01% |
384,442
+89,541
| +30% | +$2.06M |
|
743
Ingersoll Rand
IR
$32.7B
| $8.99M | 0.01% |
113,458
-44,781
| -28% | -$3.54M |
|
744
Fortive
FTV
$18.7B
| $8.92M | 0.01% |
161,643
+47,151
| +41% | +$2.45M |
|
745
Avery Dennison
AVY
$13.6B
| $8.92M | 0.01% |
49,048
+806
| +2% | +$139K |
|
746
NiSource
NI
$20.2B
| $8.87M | 0.01% |
212,469
-29,056
| -12% | -$1.24M |
|
747
Northern Trust
NTRS
$34.8B
| $8.83M | 0.01% |
64,656
-8,013
| -11% | -$1.05M |
|
748
iShares Floating Rate Bond ETF
FLOT
$10.5B
| $8.72M | 0.01% |
171,526
-134,025
| -44% | -$6.83M |
|
749
Ralph Lauren
RL
$23.1B
| $8.7M | 0.01% |
24,610
+986
| +4% | +$336K |
|
750
Citizens Financial Group
CFG
$31.2B
| $8.67M | 0.01% |
148,497
-173,462
| -54% | -$9.32M |
|
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.