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 | |
|---|---|---|---|---|---|---|
901
PUT
Canadian National Railway
CNI
$77.2B
| $4.31M | ﹤0.01% |
436
+157
| +56% | +$15.1K |
|
|
GRRR
902
Gorilla Technology Group
GRRR
$428M
| $4.29M | ﹤0.01% |
393,300
+391,300
| +19,565% | +$5.83M |
|
|
GRRR
903
PUT
Gorilla Technology Group
GRRR
$428M
| $4.29M | ﹤0.01% |
3,933
+2,146
| +120% | +$32K |
|
904
PUT
Aehr Test Systems
AEHR
$4.02B
| $4.25M | ﹤0.01% |
2,105
| – | – |
|
905
iShares MSCI India ETF
INDA
$6.58B
| $4.23M | ﹤0.01% |
78,313
+1,180
| +2% | +$63.6K |
|
906
Green Brick Partners
GRBK
$3.04B
| $4.21M | ﹤0.01% |
67,257
+7,111
| +12% | +$469K |
|
907
iShares MSCI EAFE ETF
EFA
$80.3B
| $4.17M | ﹤0.01% |
43,437
-4,356
| -9% | -$413K |
|
|
908
Aehr Test Systems
AEHR
$4.02B
| $4.16M | ﹤0.01% |
206,011
-4,289
| -2% | -$104K |
|
909
Federal Realty Investment Trust
FRT
$10.3B
| $4.15M | ﹤0.01% |
41,210
+1,241
| +3% | +$122K |
|
910
Capricor Therapeutics
CAPR
$244M
| $4.14M | ﹤0.01% |
143,500
-254,200
| -64% | -$3.32M |
|
|
TIGR
911
UP Fintech Holding
TIGR
$833M
| $4.12M | ﹤0.01% |
430,920
-1,545,800
| -78% | -$14.8M |
|
|
EUAD
912
Select STOXX Europe Aerospace & Defense ETF
EUAD
$1.24B
| $4.05M | ﹤0.01% |
96,091
+11,670
| +14% | +$503K |
|
913
PUT
Rogers Communications
RCI
$19.7B
| $4.02M | ﹤0.01% |
1,064
+96
| +10% | +$3.6K |
|
914
iShares Global Clean Energy ETF
ICLN
$2.11B
| $4.01M | ﹤0.01% |
244,405
+11,029
| +5% | +$184K |
|
915
Schwab Fundamental Emerging Markets Large Company Index ETF
FNDE
$9.95B
| $3.99M | ﹤0.01% |
110,651
-7,352
| -6% | -$268K |
|
916
PUT
RUM Group Inc
RUM
$3.74B
| $3.98M | ﹤0.01% |
+6,294
| New | +$43.2K |
|
917
NovaGold Resources
NG
$3.4B
| $3.96M | ﹤0.01% |
424,654
-30,643
| -7% | -$284K |
|
918
iShares US Aerospace & Defense ETF
ITA
$14.9B
| $3.95M | ﹤0.01% |
18,404
+67
| +0.4% | +$14K |
|
919
First Trust Water ETF
FIW
$1.92B
| $3.94M | ﹤0.01% |
36,279
+86
| +0.2% | +$9.59K |
|
920
BJ's Restaurants
BJRI
$1.42B
| $3.94M | ﹤0.01% |
100,000
| – | – |
|
921
Banco Santander
SAN
$211B
| $3.93M | ﹤0.01% |
335,301
-7,437
| -2% | -$78.9K |
|
922
Erie Indemnity
ERIE
$13.4B
| $3.92M | ﹤0.01% |
13,668
-2,043
| -13% | -$610K |
|
923
Flex
FLEX
$45.9B
| $3.9M | ﹤0.01% |
64,576
+11,488
| +22% | +$710K |
|
|
SII
924
Sprott
SII
$3.03B
| $3.89M | ﹤0.01% |
40,403
+20,476
| +103% | +$1.82M |
|
925
Stagwell
STGW
$2.28B
| $3.87M | ﹤0.01% |
793,190
+375,631
| +90% | +$1.95M |
|
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.